NewzIntel.com

Category: Economy

  • MIL-OSI: Amplify ETFs Declares April Income Distributions for its Income ETFs

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 30, 2025 (GLOBE NEWSWIRE) — Amplify ETFs announces April income distributions for its income ETFs.

    ETF Name Ticker Amount per Share Ex-Date Record Date Payable Date
    Amplify Samsung SOFR ETF SOFR $0.36005 4/29/25 4/29/25 4/30/25
    Amplify Bloomberg U.S. Treasury 12% Premium Income ETF TLTP $0.23290 4/29/25 4/29/25 4/30/25
    Amplify CWP Growth & Income ETF QDVO $0.22650 4/29/25 4/29/25 4/30/25
    Amplify COWS Covered Call ETF HCOW $0.20157 4/29/25 4/29/25 4/30/25
    Amplify CWP International Enhanced Dividend Income ETF IDVO $0.15915 4/29/25 4/29/25 4/30/25
    Amplify CWP Enhanced Dividend Income ETF DIVO $0.15840 4/29/25 4/29/25 4/30/25
    Amplify High Income ETF YYY $0.12000 4/29/25 4/29/25 4/30/25
    Amplify Natural Resources Dividend Income ETF NDIV $0.11229 4/29/25 4/29/25 4/30/25
               

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 3/31/2025). Amplify ETFs deliver expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. Learn more visit AmplifyETFs.com.

    Sales Contact:
     Amplify ETFs
    855-267-3837
    info@amplifyetfs.com    		                                     Media Contacts:
    Gregory FCA for Amplify ETFs
    Kerry Davis
    610-228-2098
    amplifyetfs@gregoryfca.com
         

    This information is not intended to provide and should not be relied upon for accounting, legal or tax advice, or investment recommendations. To receive a distribution, you must be a registered shareholder of the fund on the record date. Distributions are paid to shareholders on the payment date. There is no guarantee that distributions will be made in the future. Your own trading will also generate tax consequences and transaction expenses. Past distributions are not indicative of future distributions. Please consult your tax professional or financial adviser for more information regarding your tax situation.

    Carefully consider the Funds’ investment objectives, risk factors, charges, and expenses before investing. This and other information can be found in Amplify Funds’ statutory and summary prospectuses, which may be obtained at AmplifyETFs.com. Read the prospectuses carefully before investing.

    Investing involves risk, including the possible loss of principal.

    Amplify ETFs are distributed by Foreside Services, LLC.

    The MIL Network –

  • MIL-OSI USA: Cortez Masto Highlights Pain Trump’s First 100 Days Have Caused Nevada Working Families and Businesses

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
     ***VIDEO AVAILABLE***
    FTPs for TV stations is available here.
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) spoke on the Senate floor on the 100th day of President Donald Trump’s second term to highlight the disastrous impacts President Trump’s agenda have had on hardworking Nevadans and their businesses.
    Throughout the start of Trump’s term, the Senator Cortez Masto has pushed multiple Departments under the Trump Administration for detailed, public information regarding the impacts of President Trump’s federal funding freeze, hiring freeze, and terminations on Nevada – including to the Department of the Interior, the U.S. Forest Service, the National Nuclear Security Administration, the Department of Veterans Affairs, Department of Agriculture, General Services Administration, Department of Health and Human Services, and Consumer Finance Protection Bureau.
    Senator Cortez Masto has also repeatedly called out President Trump and Congressional Republican’s attempts to slash Medicaid to pay for tax cuts for billionaires. And she has continued to push the Trump Administration to address the impacts of Trump’s tariffs on working families, small businesses, and Nevada’s travel and tourism economy.
    Below are her remarks as prepared for delivery:
    While campaigning last year in Bozeman, Montana, Donald Trump said, “Starting on day one, we will end inflation and make America affordable again, to bring down the prices of all goods.”
    Well, it’s been 100 days since he entered the White House, and here’s what he’s given us so far:
    His tariffs are increasing costs for the average family by more than $4,000 a year.
    He has slashed billions from programs that everyday Americans rely on, including $1 Billion for mental health care services.
    He has directed Elon Musk and his unqualified loyalists to fire more than 121,000 federal employees delivering essential services – everyone from to Park Rangers tasked with keeping Americans safe to scientists researching cures to deadly diseases.
    He’s pushing House and Senate Republicans to rubber stamp a plan to cut nearly $1 trillion dollars from Medicaid in order to give tax cuts to billionaires.
    And he’s created endless chaos and uncertainty.
    I could go on and on – that’s just how much damage President Trump has caused to our country in 100 days – but I want to take some time to focus on the impact his economic agenda is having on our small businesses.
    I’m from Nevada, where there are almost 300,000 small businesses.
    These mom-and-pop shops are the lifeblood of our economy and are a part of the fabric of every community.
    And it’s these small businesses that are bearing the brunt of President Trump’s destructive tariffs.
    Now, I believe targeted tariffs on our adversaries can be a useful tool to protect American jobs and support our national security.
    But these blanket tariffs are the opposite of that.
    These last two weeks – while back home in Nevada – I got a first-hand account of what small businesses are having to deal with.
    I heard these concerns from three small business owners in Las Vegas: Juanny, Santy, and Kristen. All three of these women own shops that serve specialty drinks and incredible food to Nevadans – from coffee and boba to tacos.
    In Vegas – as you may know – travel and tourism are the backbone of our economy.
    When people come to Las Vegas they don’t just visit the Strip. They go to Chinatown, and the arts district, and all over the valley to patronize our small businesses.
    For many business owners – like Juanny, like Santy, like Kristen – their margins are already razor-thin, and tourism is key to meeting their bottom line.
    But because of President Trump’s tariffs, we’re already seeing a decline in visitors coming to Las Vegas. 
    Whether people are staying home because they don’t have any room in their budgets for a vacation, or international tourists are choosing other destinations – Trump’s economic agenda is threatening to crater our $2 trillion tourism economy. 
    That hurts our small businesses!
    And when they can’t keep up because costs are rising, because they have fewer patrons, or because of the higher cost of importing their supplies – they’re forced to raise their prices and pass the burden onto customers.
    It’s unsustainable.
    And this same sentiment is echoed in the Northern part of our state.
    In Reno, I spoke to Mark, a small coffee shop owner who is already asking himself how he can continue to navigate everyday operations amid the uncertainty.
    He doesn’t want to pass higher costs onto customers, but if Trump’s erratic tariff agenda continues, he may have no choice.
    Trump says Americans must accept short-term pain for long-term gain, but what is there to be gained if hardworking Nevadans have to close the doors of their businesses?
    I think to myself, if it’s only been 100 days, how much damage is he going to potentially cause in the next 100?
    In the 1361 days left in his term?
    It’s been 100 days, and small businesses across the United States may soon be faced with having to close up shop.
    What’s going to happen to Juanny, to Mark, to Santy, to Kristen?
    Will they make it through the rest of Trump’s term?
    I don’t know the answer.
    But I hope my Republican colleagues stop rubber stamping Trump’s harmful agenda and actually stand up for working families and small businesses.

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Kanga power! Homegrown cotton for a homegrown economy – UK & Kenya launch Lamu cotton processing facility.

    Source: United Kingdom – Executive Government & Departments

    World news story

    Kanga power! Homegrown cotton for a homegrown economy – UK & Kenya launch Lamu cotton processing facility.

    A partnership between Kenya, the UK and private sector to deliver growth and jobs by reducing reliance on foreign imports, supporting women and the environment.

    The (L-R) Lamu County Governor, H.E Issa Timamy; Hon. Lee Kinyanjui, CS Trade Investments and Industry, Kenya; Principal Secretary for Investments – Mr. Abubakar Hassan Abubakar, Kenya; and Ms. Tejal Dodhia, Managing Director, Thika Cotton Mills; officially lay the foundation stone at the Lamu cotton ginnery, Lamu County, Kenya.

    The UK, Kenya, and the County Government of Lamu have joined forces to lay the foundation stone at a new cotton processing facility in Lamu County. 

    This four-way partnership between the UK, national government, local government and the private sector is a great example of the how the UK and Kenya are working together to deliver homegrown economic growth and jobs – a standout example of the tangible results that collaboration can achieve. 

    Construction will begin immediately and is hoped to be completed by November 2025. The project is expected to support up to 5000 jobs in the next three years. 

    The Hon. Lee Kinyanjui, Cabinet Secretary for Ministry of Investments, Trade and Industry, said:

    The ginnery, by Thika Cloth Mills, will boost cotton uptake and thus earn farmers more income, create jobs, and provide raw material for the textile industry. 

    With the infrastructure supporting export including a special economic zone, Lamu Port and LAPPSET, Lamu will be the hub for investors in the region.

    British Deputy High Commissioner to Kenya, Ed Barnett, said:

    The UK is a long-term partner for long-term economic growth in Kenya. This project is a testament to the power of partnerships – the UK, national government, and county governments have joined forces with the private sector to deliver 5,000 jobs and future economic growth. 

    This partnership will reduce reliance on imports, put money in the pockets of farmers. It will strengthen, stabilise and support a sustainable homegrown cotton industry in Kenya. Long live Kenya kanga!

    This partnership directly supports the Government of Kenya’s textiles and garments national development priority, by reducing reliance on foreign imports – which currently make up around 90% of cotton in the country. Kenya currently produces 3,000 bales of cotton per year, whilst the total demand ranges between 140,000 – 260,000. This partnership will develop a homegrown cotton industry and allow Kenyan businesses to capitalise on economic opportunities within their own country. 

    The processing plant will create jobs and stimulate economic growth in Lamu County. It is hoped the facility will triple cotton production in Lamu from 2,000 bales per year to 6,000 over the next three years. This will also support local cotton farmers as the facility will be built close to farms, reducing transportation costs as well as providing them with a larger market for their produce. The proposed plant will not only source cotton from Lamu County but from Kilifi, Tana River, Kwale, and Taita Taveta counties. 

    The reduced need for transportation is expected to decrease the carbon footprint of the textile production process by 262 metric tons of carbon dioxide every year, supporting Kenya’s climate ambitions. 

    This project will also have a positive social impact and place a significant emphasis on providing substantial economic opportunities to women and promoting gender equality, as the employees at the processing plant are expected to be at least 50% women.  

    The programme falls under the UK’s Sustainable Urban Economic Development programme (SUED), which aims to add value to Kenyan agricultural produce before export. 

    The UK has provided seed-funding to de-risk the investment for all partners involved. The Government of Kenya has provided additional funding, with the remaining funds being provided by Thika Cotton Mills. Lamu County sealed the deal by providing land for the ginnery. 

    SUED has been operational in Lamu for four years, and this is the programme’s fourth value-chain project in the county. It has secured investors for the cotton ginnery as well as fish processing, coconut processing, and cashew nut processing facilities. Across Kenya, our £8 million seed fund investments through SUED have helped unlock £48 million in private capital and supported the creation of more than 10,000 jobs. 

    The UK Government partners with Kenya across multiple sectors in Lamu County. The UK supports: trade and investment though the development of infrastructure and customs processes at Lamu Port; regional security through programmes to counter violent extremism; and environmental programmes to reduce plastic pollution and increase biodiversity. 

    Notes for Editors

    Photo and video content

    Google Drive link

    The UK-Kenya Strategic Partnership

    The UK-Kenya strategic partnership joint statement can be found here. 

    Funding

    • The UK has provided seed funding to de-risk a private sector investment project. 

    • The Government of Kenya has subsequently provided additional financing to further support the investment through the Kenya Development Corporation (KDC) 

    • The Lamu county government has supported the venture with land acquisition and created an enabling local operating environment.  

    What is the SUED program?

    SUED is a seven year, £43m programme that seeks to create jobs and promote inclusive economic growth in selected municipalities across Kenya, through better urban planning and by attracting increased investment – including both investments in climate resilient infrastructure and agricultural processing projects 

    Thika Cotton Mills

    • Thika Cloth Mills Limited (TCM) was established in 1958 and is one of the leading Kenyan textile manufacturers. 

    • The mission of the company is “Bringing textiles home”, and the vision is “Creation of employment to improve livelihoods and alleviate poverty in Kenya”.  

    • The company has been an active participant in the “Buy Kenya Build Kenya”3 initiative, sourcing most of their raw materials locally. 

    • TCM owns and operates a plant in Thika that employs 700 staff and manufactures 100% cotton fabrics, polyester cotton fabric and blended polyester viscose. 

    • TCM currently sources raw cotton lint from ginneries in Makueni, Kitui, Rift Valley, and Meru. 

    • They work with over 10,000 farmers covering approximately 50% of Kenya’s cotton growing region   

    Contact

    British High Commission: Tom Walker tom.walker2@fcdo.gov.uk  

    SUED: Louisa Nandege Ssennyonga louisa.nandegessennyonga@tetratech.com

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Birmingham wholesaler which left trail of debts is shut down

    Source: United Kingdom – Executive Government & Departments

    Press release

    Birmingham wholesaler which left trail of debts is shut down

    Wholesaler accused of falsely inflating company credit rating and failing to pay for goods and services purchased on credit

    • Investigators feared SAK Wholesale Limited in Birmingham had become a ‘vehicle for fraud’ 

    • They were unable to trace where funds for more than £2.5 million of payments came from 

    • Accounts were falsely inflated to boost company credit rating – then management disappeared, leaving creditors out of pocket 

    A Birmingham-based wholesaler has been shut down amid concerns it was a ‘vehicle for fraud’. 

    SAK Wholesale Limited, based on the Alexandra Trading Estate in Handsworth, was wound up at a hearing at the High Court in Manchester on Tuesday 29 April. 

    The court was told there were concerns about the accuracy of the company’s annual accounts and that profits may have been overstated, enabling the directors to apply for thousands of pounds of goods and services on credit which were never paid for.  

    The directors failed to co-operate with Insolvency Service investigators, who discovered the company’s registered office in Handsworth had been stripped and abandoned, despite its website still being operational.  

    David Hope, chief investigator at the Insolvency Service, said: “There are serious concerns about SAK Wholesale being used as a vehicle for fraud. 

    The company has seemingly been abandoned – but still owes over £270,000 to its creditors. Despite this, payments of over £2.5million were made from the company over a period of two months in 2022, but without proper records, we were unable to confirm where this money came from. 

    Accounts were not submitted for the last financial year, and the veracity of accounts submitted in previous years is in doubt. 

    Despite the directors of SAK Wholesale refusing to cooperate with our investigation, the records we uncovered showed the company operated with a real lack of transparency and had a history of improper behaviour. 

    This winding-up order will help protect the public and business community by ensuring SAK Wholesale can’t be used for future trading.

    Investigators from the Insolvency Service found the company had used its good credit rating to secure thousands of pounds of goods and services from suppliers.    

    Investigators also discovered that wording on the company’s website had been lifted directly from a local competitor’s website.  

    A lack of banking records for SAK meant investigators were unable to identify legitimate trading, customers or company expenditure – with £2.5m of payments made from a company account between April and June 2022 essentially unaccounted for.  

    Alongside this, one of SAK’s company accounts received an unauthorised third-party payment of £200,000 which SAK was not entitled to. This transaction was refunded by the bank when the third party discovered the money had left its account.  

    The Official Receiver has been appointed as liquidator of SAK Wholesale Limited. 

    All enquiries concerning the affairs of the company should be made to the Official Receiver of Public Interest Unit: PO Box 16664, Birmingham, B2 2JQ. piu.or@insolvency.gov.uk.  

    Further information 

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Senate Marshal Kamiński

    Source: Republic of China Taiwan

    Foreign Minister Lin hosts welcome luncheon for Polish parliamentary delegation led by Deputy Senate Marshal Kamiński

    Date：2024-12-13
    Data Source：Department of European Affairs

    December 13, 2024  
    No. 459  

    Minister of Foreign Affairs Lin Chia-lung on December 12 hosted a luncheon to welcome a parliamentary delegation from the Republic of Poland led by Deputy Senate Marshal Michał Kamiński. During the event, the two sides exchanged views on regional developments, Taiwan-Poland relations, and economic and trade exchanges. 
     
    Minister Lin pointed out that both Taiwan and Poland had previously gone through periods of authoritarian rule but had since chosen the path of democracy. He remarked that bilateral relations had steadily advanced in recent years in such areas as the economy, trade, higher education, law enforcement, and science and technology. Minister Lin also affirmed that Taiwan would continue to work with Poland and other like-minded countries to bolster democratic resilience, deepen Taiwan-Europe economic and trade linkages, and forge resilient democratic supply chains throughout the world. 
     
    Furthermore, Minister Lin noted that the Polish-Taiwanese Parliamentarian Group released statements in April last year and May this year advocating Taiwan’s international participation and expressing concern over peace and stability across the Taiwan Strait. He thanked friends from the Polish parliament for taking such concrete action in support of Taiwan and added that he looked forward to further collaborating in the future and deepening bilateral interactions and exchanges.
     
    In his remarks, Deputy Senate Marshal Kamiński stated that Taiwan and Poland could learn from each other through exchanges in such fields as culture, the economy and trade, science and technology, and academia. He also said that due to Poland’s considerable economic development potential, many major Taiwanese enterprises had already invested in Poland, including Chi Mei Frozen Food and Compal, and that he anticipated that even more Taiwanese businesses would seek to develop market opportunities in Poland. 
     
    Taiwan and Poland share such universal values as freedom and democracy. In the future, the two countries will continue to work closely together to jointly promote prosperity and progress and protect hard-earned democratic achievements. (E)

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: ECB introduces changes to the dedicated credit facility for euro area CCPs

    Source: European Central Bank

    30 April 2025

    • Discretionary activation by the Governing Council no longer required
    • Additional safeguards introduced in relation to financial soundness and sound liquidity risk management
    • Changes will come into effect through the adoption of relevant legal acts in 2025, including the TARGET Guideline

    The Governing Council of the European Central Bank (ECB) decided to implement changes to the dedicated Eurosystem overnight credit facility, which serves as a crisis-related liquidity backstop for eligible euro area central counterparties (CCPs) under the TARGET Guideline.1 Currently, activation of the CCP credit facility requires a decision by the ECB Governing Council. This discretionary activation will be no longer required to ensure prompt operationalisation, meaning that the CCP credit facility will be immediately available to eligible euro area CCPs if needed.

    CCPs are systemically important financial market infrastructures. Under normal operating conditions, their liquidity inflows and outflows are balanced by the end of the day, meaning that they do not generally encounter liquidity mismatches. In situations of severe financial stress, however, it may not be feasible for a CCP to manage its potentially sizeable liquidity needs through market-based solutions in a timely manner. In these circumstances, the CCP credit facility can provide a pre-arranged and effective liquidity backstop.

    The revised CCP credit facility remains subject to the TARGET Guideline and is outside the monetary policy implementation framework.

    Euro area CCPs need to meet the relevant requirements set out in the TARGET Guideline to access the CCP credit facility. As part of these requirements, new safeguards are being introduced to ensure that only euro area CCPs that are financially sound and have sound liquidity risk management may access the CCP credit facility. In case of non-compliance with these safeguards, the ECB Governing Council may decide on discretionary measures on the grounds of prudence. The interest rate applicable to borrowings under the CCP credit facility will be the ECB marginal lending facility rate. The maturity of the facility will be overnight, with the possibility of rolling over across business days. Collateralisation requirements will continue to apply in line with the current provisions of the TARGET Guideline.

    The aforementioned decision of the Governing Council concludes a review of the CCP credit facility by the Eurosystem central banks that has been conducted over the past years. The changes to the CCP credit facility will come into effect through an amendment to the TARGET Guideline and the adoption of further legal acts dedicated to the aforementioned safeguards, the assessments underpinning those safeguards and related discretionary measures of the Eurosystem on the grounds of prudence. The application date of all related legal acts is foreseen for the fourth quarter of 2025. Once formally adopted, the relevant legal acts will be published.

    For media queries, please contact Alessandro Speciale, tel.: +49 172 1670791

    Notes

    MIL OSI Europe News –

  • MIL-OSI Europe: OLAF and Polish authorities uncover major VAT import fraud scheme

    Source: European Anti-Fraud Offfice

    Press release no. 10/2025
    PDF version 

    This press release is also available in Polish.  

    Close cooperation between the European Anti-Fraud Office (OLAF) and Polish national authorities has led to the uncovering of a sophisticated VAT fraud scheme involving goods imported from China into the European Union. Acting on intelligence and information provided by OLAF, Polish authorities carried out a criminal investigation, resulting in the arrest of four individuals and searches at 50 locations across the country.

    Working closely with customs and fiscal authorities in Poland, Germany, Czechia, Lithuania, and Latvia, OLAF identified a complex network exploiting the so-called “customs procedure 42″—a mechanism that allows for deferred VAT payments on goods imported into one Member State and transported to another.

    The suspected fraudsters transported goods arriving from China via railway border crossings into Germany under a customs transit procedure, suspending customs duties and VAT. Once in Germany, the goods were declared under procedure 42, only to be transported back to Poland and stored in warehouses near Wólka Kosowska, a major commercial hub.

    Operating through transport companies, logistics providers, and dozens of shell companies, the perpetrators falsely documented exports to other EU countries, mainly Lithuania. In reality, the goods remained in Poland or were illicitly distributed across the EU, including to Germany, Spain, France, and Italy—allowing for systematic evasion of VAT and the generation of significant illicit profits.

    The fraudulent activities were orchestrated by an organised group, operating behind a network of shell companies registered under the names of Lithuanian, Ukrainian, and Russian nationals.

    Following OLAF’s referral, the Regional Prosecutor’s Office in Kraków launched a criminal investigation. On 8 April 2025, Polish authorities—including officers from the Internal Security Agency (ABW), the National Revenue Administration (KAS), the Central Bureau of Investigation (CBŚP), and the Central Cybercrime Bureau (CBZC)—carried out an extensive enforcement operation.

    In addition to the four individuals that were arrested, authorities seized telephones, computers, data carriers, financial and accounting documentation, and almost 300 company stamps. Property was also temporarily seized. 

    The detainees have been charged with participation in an organised criminal group, money laundering, and falsification of legal documents. At the request of the prosecutor’s office, the District Court for Kraków-Śródmieście ordered their temporary detention for three months.

    OLAF Director-General Ville Itälä said: “This case is a clear example of how cross-border cooperation and intelligence-sharing are crucial in protecting the EU’s financial interests. Through close cooperation with national authorities, we can uncover even the most complex fraud schemes. We remain fully committed to supporting Member States in the fight against fraud and ensuring that those who seek to exploit our systems are caught and held fully accountable.”

    You can read more in the press release from the Regional Prosecutor’s Office in Kraków 

    OLAF mission, mandate and competences:
    OLAF’s mission is to detect, investigate and stop fraud with EU funds.    

    OLAF fulfils its mission by:
    •    carrying out independent investigations into fraud and corruption involving EU funds, so as to ensure that all EU taxpayers’ money reaches projects that can create jobs and growth in Europe;
    •    contributing to strengthening citizens’ trust in the EU Institutions by investigating serious misconduct by EU staff and members of the EU Institutions;
    •    developing a sound EU anti-fraud policy.

    In its independent investigative function, OLAF can investigate matters relating to fraud, corruption and other offences affecting the EU financial interests concerning:
    •    all EU expenditure: the main spending categories are Structural Funds, agricultural policy and rural development funds, direct expenditure and external aid;
    •    some areas of EU revenue, mainly customs duties;
    •    suspicions of serious misconduct by EU staff and members of the EU institutions.

    Once OLAF has completed its investigation, it is for the competent EU and national authorities to examine and decide on the follow-up of OLAF’s recommendations. All persons concerned are presumed to be innocent until proven guilty in a competent national or EU court of law.

    For further details:

    Pierluigi CATERINO
    Spokesperson
    European Anti-Fraud Office (OLAF)
    Phone: +32(0)2 29-52335  
    Email: olaf-media ec [dot] europa [dot] eu (olaf-media[at]ec[dot]europa[dot]eu)
    https://anti-fraud.ec.europa.eu
    LinkedIn: European Anti-Fraud Office (OLAF)
    Bluesky: euantifraud.bsky.social

    If you’re a journalist and you wish to receive our press releases in your inbox, pleaseleave us your contact data.

    MIL OSI Europe News –

  • MIL-OSI United Kingdom: SFO opens European data centre bribery investigation

    Source: United Kingdom – Government Statements

    Press release

    SFO opens European data centre bribery investigation

    The SFO today searched five properties and made three arrests as it announced a new multi-million pound international bribery investigation.

    The Serious Fraud Office (SFO) today searched five properties and made three arrests as it announced a new multi-million pound international bribery investigation.  

    The target of the investigation is UK company Blu-3 and former associates of the global construction firm Mace Group.  

    The operation included a search of a suspect’s premises today by Monaco authorities with assistance from the SFO.  

    Individuals at Blu-3 are suspected of paying over £3 million of bribes to former associates of Mace Group in relation to the construction of a data centre in the Netherlands for the technology giant Microsoft.  

    More than 70 SFO staff searched four homes and one commercial property across London, Kent, Surrey and Somerset today to seize evidence. Three individuals were arrested for questioning. 

    The Solicitor General Lucy Rigby KC MP attended one of the arrests in North London this morning.  

    Today’s operation and our continuing investigation is supported by the National Crime Agency (NCA).   

    Nick Ephgrave QPM, Director of the Serious Fraud Office, said:   

    “Paying bribes to do business undermines our financial markets, the reputation of British companies and the rule of law and will not be tolerated.   

    “Today’s action is a reminder that we will take rapid and robust action to tackle suspected bribery and corruption wherever it appears – at home and overseas.”

    Updates to this page

    Published 30 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Europe: Visit the EU institutions to celebrate Europe Day!

    Source: European Union 2

    The Schuman Declaration laid the foundations for the European Union and paved the way for an unprecedented era of prosperity, peace, democracy, solidarity and cooperation in Europe.

    To mark the occasion, many events will take place in EU Member States and around the world, bringing together citizens from all walks of life. The EU institutions will open their doors and invite citizens to visit their premises, discover their work and engage in a wide range of educational and entertaining activities.

    Landmark buildings and monuments across the globe will be illuminated in the EU colours, while a special Europe Day programme is planned for Expo 2025 in Osaka, Japan.

    In times of global uncertainty, Europe remains an anchor of stability – a place of opportunity and protection for its citizens. The EU and its institutions are working towards the common goal of ensuring prosperity and competitiveness, guaranteeing our security and defence, while upholding the fundamental values Europeans care about.

    European Parliament

    On 4 May, citizens of all ages will be able to attend the official Europe Day opening ceremony and take a seat in the hemicycle of the European Parliament in Strasbourg. The ceremony will begin with a video message from President Roberta Metsola, followed by a speech from Vice-President Younous Omarjee, and a musical performance by the Voix de Stras’ ensemble. Through various exhibits and interactive activities, visitors will learn how the Parliament works, how laws are made, and why European politics matters. Visitors will also be able to visit the “Changemakers” exhibition. On 10 May, the public will once again be given the chance to discover European democracy in action at the Parliament’s hemicycle in Brussels, with day-long activities emphasising the importance of citizen participation. In Luxembourg, special activities will mark the first anniversary of the Visitors’ Centre on 9 May, including the recently inaugurated Europa Experience. The following day, a rich cultural programme is planned in the Echternach Abbey courtyard. Full programme and events organised in the 27 EU countries.

    European Council/Council of the European Union

    On 10 May, the Council of the European Union will also open its doors, granting citizens an opportunity to follow in EU leaders’ footsteps. Guided tours throughout the day will offer visitors a rare look at where important European decisions are made. Each of the 27 Member States will host a stand, showcasing their culture, traditions, culinary specialties and more. Younger visitors can also expect tailor-made activities, including a treasure hunt and a “fun fact” quest designed specifically for kids. In honour of the Council’s 50th anniversary, the public will even be able to travel back in time and take a selfie with the leaders of 1974.

    European Commission

    On 10 May, citizens will also have the opportunity to visit the Commission’s iconic Berlaymont building in Brussels. Here, they will have the chance to learn about the Commission’s role and priorities, engage in series of activities, and find out more about initiatives and concrete benefits for their daily lives. Among others, visitors will have an opportunity to learn about the Commission’s efforts to boost European competitiveness both, promote social cohesion, protect democracy and protect fundamental rights, at home and abroad.

    European Central Bank

    As part of its Europe Day celebrations on 10 May, the European Central Bank (ECB) will bring the vibrant spirit of Europe to its hometown, Frankfurt am Main, by participating in the city’s Europa-Fest. Visitors will find the ECB at the “European Marketplace” on the Römerberg plaza, alongside Frankfurt-based European Insurance and Occupational Pensions Authority and the Authority for Anti-Money Laundering and Countering the Financing of Terrorism. In such a special year, celebrating 40 years of Schengen and the 75th anniversary of the Schuman Declaration, many themed activities have been organised, with the ECB even planning a lightshow, to be projected onto the west wing of the city’s Grossmarkthalle. In Brussels, the ECB will also host its own stand at the Commission’s Europe Day event.

    European Investment Bank

    The European Investment Bank (EIB) Group will welcome visitors to its stand at the Council of the European Union’s Justus Lipsius building as part of its Open Day on 10 May in Brussels. EIB Group staff will inform visitors of how its financing and advisory services improve lives and advance EU policy goals. This includes anything from innovation, security and defence to social and territorial cohesion, and the transition towards a net-zero economy. The stand itself will be enhanced by various activities and media, such as quizzes, games and audiovisual material showcasing EIB-financed projects.

    European Court of Auditors

    On 10 May, as part of the Europe Day celebrations in Echternach, EU auditors will host a series of interactive and engaging activities at the European Court of Auditors’ premises. Among other things, visitors will have the chance to partake in an engaging quiz to test their audit skills. Families and people of all ages are welcome to discover how the European Court of Auditors, the guardian of the EU’s finances, helps protect EU citizens’ money.

    European External Action Service

    The European External Action Service (EEAS) will open its doors to the public on 10 May for its “Travel the World in a Day“. Travel the World in a Day” event. Visitors to the EU’s diplomatic headquarters in Brussels will be given an opportunity to learn about the work of the EEAS and its 144 delegations and offices worldwide. Through interactive exhibits and activities, visitors will discover the EU’s role as a global leader and reliable partner for prosperity, peace, security, multilateralism, democracy, and a rules-based order. The event will also include a digital booth to help explore the EU pavilion at Expo 2025 in Japan, as well as live dance performances, workshops and family-friendly activities that celebrate global diversity.

    European Economic and Social Committee

    This year, the European Economic and Social Committee (EESC) will also host a special celebration of the Schuman Declaration’s 75th anniversary. To honour this seminal text, the EESC – the house of European organised civil society – is putting together a range of activities on its premises, through which it will inform and engage with citizens, while offering insights into its various Sections’ and Groups’ advisory work. The day itself will offer entertainment for all, with a real-time voting simulation allowing visitors to step into EESC members’ shoes and discover the process for themselves.

    European Committee of the Regions

    On 10 May, the European Committee of the Regions (CoR) – ideally located between the European Parliament and Council in Brussels – will open its doors to the public as well, showcasing how it represents regions and cities in the EU, and everything that regional and local elected politicians do for citizens. Visitors will learn how their region voices its interests in the EU, and they will have the chance to meet local and regional elected politicians and discuss European issues in a direct, informal atmosphere. The traditional Festival of Regions and Cities will treat visitors to a showcase of their preferred tourist spots, traditional music and dance, and various culinary specialties.

    Background

    Europe Day held on 9 May every year celebrates peace and unity in Europe. The date marks the anniversary of the ‘Schuman declaration’, a historic proposal made by Robert Schuman, French Foreign Minister, in 1950 that laid out the foundation of European cooperation. Schuman’s proposal is considered to be the beginning of what is now the European Union.

    In 2025, Europe Day is a special occasion, as we are celebrating 75 years since the Schuman declaration. To learn more about each institution’s programme, visit the Europe Day 2025 website.

    MIL OSI Europe News –

  • MIL-OSI Security: Man Who Defrauded Investors with Sham Technology Company Found Guilty of Wire Fraud and Money Laundering

    Source: Federal Bureau of Investigation (FBI) State Crime News

    SAN FRANCISCO – A federal jury today convicted Ramesh Kris Nathan on six counts of wire fraud and two counts of money laundering in connection with fraudulently obtaining investors’ money for a company that had no legitimate business activities.  The guilty verdict followed an eight-day jury trial before U.S. District Judge Vince Chhabria.

    According to court documents and evidence presented at trial, Nathan, 43, a U.S. national, promised investors that their money would fund Relativity Research Fund, Inc., a company for which Nathan set up a bank account in San Francisco.  He promoted Relativity as being involved in the research and development of advanced technologies, including prototype spacecraft and space-related propulsion systems.  He also made false promises of future trading of the company’s shares on the Nasdaq Private Market.

    “Ramesh Nathan spun fantastic tales about space travel technology and advanced robotics to entice investors into funding his company, but all he had to offer was science fiction.  He deceived his investors, many of whom were veterans, about a nonexistent business.  Then he used the ill-gotten funds to line his own pockets,”  said Acting United States Attorney Patrick D. Robbins.  “Thanks to the jury’s verdict, Mr. Nathan is being held accountable for the harms he caused to multiple victims.”

    “Ramesh Nathan orchestrated a scheme rooted in deception, betraying the trust of investors for his own gain,” said FBI Special Agent in Charge Sanjay Virmani. “Today’s guilty verdict reflects the seriousness of his crimes and brings justice to the victims he defrauded. The FBI remains committed to holding financial criminals accountable and protecting the public from fraud.”

    The evidence presented at trial showed that Nathan induced potential investors to provide funds by making false and misleading statements on his company’s website, in promotional materials, and in emails to potential investors.  For example, Nathan claimed that the company was developing numerous technology-related enterprises, including advanced robotics and space travel technology.  Nathan also represented that the company had significant capital investments, worldwide offices with over 15,000 employees, and tens of billions of dollars in profits and revenue.

    The jury also found that Nathan laundered investor funds through various bank accounts, and then used the funds for his personal expenses and transfers to his mother and his then-girlfriend.  Nathan carried out his fraudulent scheme by recruiting an intermediary to share his lies with investors, many of whom were veterans of the United States military and friends and family of veterans.

    The defendant will next appear in court on June 13, 2025, for further proceedings.  Nathan faces a maximum penalty of 20 years in prison for each count of wire fraud and 10 years in prison for each count of money laundering, and forfeiture of all property that is traceable to his wire fraud and money laundering violations.  Any sentence will be imposed by the Court after consideration of the U.S. Sentencing Guidelines and the federal statute governing the imposition of a sentence, 18 U.S.C. § 3553.  

    Assistant U.S. Attorneys Roland Chang and Sara Henderson are prosecuting the case, with the assistance of Tina Rosenbaum.  The prosecution is the result of an investigation by the FBI.  
     

    MIL Security OSI –

  • MIL-OSI: Oxford Harriman & Company’s Bill Bolas Named to Forbes 2025 Best-In-State Wealth Advisors List in Ohio

    Source: GlobeNewswire (MIL-OSI)

    Cleveland, OH , April 30, 2025 (GLOBE NEWSWIRE) — Oxford Harriman & Company is proud to announce that Bill Bolas, Senior Managing Director & Partner, has been named to the Forbes Best-In-State Wealth Advisors list for 2025 in Ohio. This prestigious accolade, presented by Forbes in partnership with SHOOK Research, recognizes the top-performing wealth advisors across the country based on a rigorous methodology focused on qualitative and quantitative criteria, including industry experience, client retention, assets under management, and a commitment to best practices in wealth management.

    Bill Bolas, Senior Managing Director & Partner at Oxford Harriman & Company, recognized among Forbes’ 2025 Best-In-State Wealth Advisors for Ohio.

    As a Senior Managing Director & Partner at Oxford Harriman & Company, Bill Bolas brings decades of experience helping individuals and families navigate their financial futures with confidence and clarity. Known for his client-first approach and deep understanding of complex financial strategies, Bill has built a reputation for excellence in service and results.

    “We are thrilled to see Bill recognized by Forbes and SHOOK Research,” said Dennis Barba, CEO of Oxford Harriman & Company. We believe “this honor is a testament to Bill’s extraordinary dedication to his clients, his discipline as an advisor, and the values we hold dear at Oxford Harriman. He exemplifies the very best of our practice.”

    Kent Whitaker, President of Oxford Harriman & Company, also praised Bill’s achievement: “Bill’s ability to listen deeply, strategize thoughtfully, and guide clients through life’s most important financial decisions is what makes him so deserving of this award. He represents the gold standard in our profession, and we are incredibly proud to have him as part of our leadership team.”

    The Forbes Best-In-State Wealth Advisors list was developed by SHOOK Research through an independent, algorithm-based process designed to highlight those advisors who demonstrate exceptional credentials, experience, and commitment to clients. Thousands of nominations are vetted each year, making this one of the most competitive awards in the financial services industry.

    2025 Forbes Best-in-State Wealth Advisors

    2025 Forbes Best-In-State Wealth Advisors; Awarded April 2025; Data compiled by SHOOK Research LLC based on the time period from 6/30/23- 6/30/24 (Source: Forbes.com). The Forbes Best-in-State Wealth Advisors rating algorithm is based on the previous year’s industry experience, interviews, compliance records, assets under management, revenue and other criteria by SHOOK Research, LLC. Investment performance is not a criterion. Self-completed survey was used for rating. This rating is not related to the quality of the investment advice and based solely on the disclosed criteria.

    See list of winners.

    About Oxford Harriman & Company

    Oxford Harriman & Company is a practice designed to help investors accumulate, preserve, and transfer wealth through a collaborative and strategic approach. Serving the financial and wealth management needs of a select group of clients, the practice provides a comprehensive approach to private wealth management that helps to chart a course based on focus, strategy, and discipline. Oxford Harriman & Company is part of the Wells Fargo Advisors Financial Network, with offices throughout the United States, including locations in Ohio, New York, New Jersey, Pennsylvania, Virginia, Michigan, Illinois, South Carolina, Florida, and Massachusetts.

    About Wells Fargo Advisors Financial Network

    For more than 20 years, Wells Fargo Advisors Financial Network, the independent contractor business model of Wells Fargo Wealth & Investment Management (WIM), has offered financial advisors more control, flexibility, and growth around business ownership as well as support from one of the nation’s largest financial institutions. WIM provides financial products and services through various bank and brokerage affiliates of Wells Fargo & Company. Investment products and services are offered through Wells Fargo Advisors Financial Network, LLC, Member SIPC (WFAFN), a registered broker-dealer and non-bank affiliate of Wells Fargo & Company. Any other referenced entity is a separate entity from WFAFN. 

    © 2025 Oxford Harriman & Company. All rights reserved.

     PM-10162026-7867213.1.1

    Press inquiries

    Oxford Harriman & Company
    https://oxfordharriman.com
    Dennis P. Barba, Jr.
    dennis@oxfordharriman.com
    216-755-7150
    3201 Enterprise Parkway
    Suite 400
    Beachwood, OH 44122

    The MIL Network –

  • MIL-OSI: BexBack Launches Double Deposit Bonus and 100x Leverage Crypto Futures Trading No KYC

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — As Bitcoin prices return to around $95,000,, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/14716c86-6d38-4fcb-9648-00dc8a4c8f3d
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    The MIL Network –

  • MIL-OSI United Kingdom: Increased allowances for Plymouth foster carers

    Source: City of Plymouth

    Foster carers in Plymouth are receiving a five per cent uplift on all their allowances as part of Foster for Plymouth’s new financial support offer for 2025/26.

    This means that weekly payments now vary from between £350 to £779 per child, depending on how old they are and their specific needs. There are also increased financial packages available for the ‘Step Forward’ fostering scheme, which supports children out of residential care.

    Foster for Plymouth is a not-for-profit fostering service which is part of Plymouth City Council.

    Councillor Jemima Laing, Cabinet Member for Children’s Social Care, said: “Our foster carers do an absolutely incredible job looking after our children and young people who need a safe place to live. I’ve been fortunate enough to spend a lot of time with our carers and I know that none of them do this for the financial reward, but instead because they are genuinely motivated to care for children in need.

    “However, it’s really important that our foster carers are not out of pocket and that they are financially supported to be able to provide this vitally important role. This is why we’re committed to reviewing the financial support package every year and I’m delighted that we’ve been able to offer an uplift this year, as well as a number of other benefits.”

    As well as a weekly maintenance allowance and a reward payment for each child, extra financial support is provided for birthdays, holidays and celebrations such as Christmas.

    In recognition of feedback from foster carers, the new financial support package also includes an additional payment to be used towards birthday parties for children as well as a £200 prom allowance to help cover the costs of any clothing or attendance.

    There is also a new capital grant opportunity available to foster carers to help adapt their homes, either to meet the needs of a specific child or to increase the number of bedrooms they have so they can support more children.

    Foster for Plymouth carers may also be eligible for Council Tax discount or a full exemption. This applies to carers who live in other local authority areas as well as those living within the Plymouth City Council boundaries.

    In additional to the financial allowances, Foster for Plymouth carers also benefit from a range of support. This includes comprehensive training and development opportunities, regular social events, respite breaks, an online portal with useful information, peer support from other carers and a dedicated supporting social worker.

    There are currently more than 500 children in care in Plymouth, but not enough local foster homes available to support them. This means children sometimes have to live in residential care settings or live outside of the city, which can negatively impact their wellbeing by separating them from friends, family and trusted professionals.

    Foster for Plymouth is looking for more local adults who could consider becoming foster parents. To be a foster carer, you must be over the age of 21, have a spare room and be genuinely interested in the welfare of children and young people.

    There are less barriers to foster care then you may think, and it doesn’t matter whether you are:

    • single or in a relationship
    • a parent or have never had children
    • a pet owner
    • renting your home or a homeowner
    • employed, unemployed or retired
    • living with a disability.

    If you’re interested in finding out more, visit fosterforplymouth.co.uk, email [email protected] or call 01752 308762.

    MIL OSI United Kingdom –

  • MIL-OSI Security: South Carolina Resident Sentenced in Connection With $1.4 Million Embezzlement and Identity Theft Scheme

    Source: Office of United States Attorneys

    Defendant and husband used fraudulently obtained funds for vacations, home renovations, pet expenses, and retail purchases.

    Baltimore, Maryland – U.S. District Judge Stephanie A. Gallagher sentenced Valerie Joseph, 61, of Murells Inlet, South Carolina, to 53 months in federal prison and 12 months of home detention. Joseph was convicted of wire fraud conspiracy and aggravated identity theft in connection with a decade-long, $1.4 million embezzlement scheme. Judge Gallagher also ordered the defendant to pay $1.4 million in restitution.

    Kelly O. Hayes, U.S. Attorney for the District of Maryland, announced the sentence with Special Agent in Charge William DelBagno of the Federal Bureau of Investigation (FBI) – Baltimore Field Office.

    Beginning in January 2011, at the latest, and continuing into August 2021, Joseph, and her husband Robin, conspired to defraud Victim Business l and Victim K.F. According to court documents, from 2003 until August 2021, Valerie Joseph served as a bookkeeper for Victim Business 1, a wholesale greenhouse and garden center owned by Victim K.F., located in Caroline County, Maryland.

    Valerie and Robin Joseph schemed to make unauthorized charges to three credit-card accounts —associated with Victim Business 1 and Victim K.F. — for personal gain. This included American Express and Capital One accounts, along with a Lowes/Synchrony financial account.

    Routinely, for more than a decade, Valerie and Robin Joseph used credit cards associated with the victims’ accounts to make numerous unauthorized purchases. The theft included unauthorized credit-card charges for $200,000-plus at Walmart; $53,000-plus to AT&T for personal phone bills; $30,000-plus at a Japanese steak and seafood restaurant; and $116,000-plus to PayPal. Valerie and Robin Joseph charged more than $90,000 to Easton Utilities for utility bills; $16,000 to Chesapeake College for tuition payments; $2,500 to the University of Hawaii for college expenses; and $3,800 for cosmetics.

    The couple also charged more than $195,000 to the Lowes Account. Several of the unauthorized Lowes account charges were to purchase materials and supplies to renovate their previous residence in Easton, Maryland.

    Additionally, Valerie and Robin Joseph paid for airline tickets, cruises, Airbnb expenses, and hundreds of retailor gift cards using the victims’ account. The couple also used the victims’ account to pay more than $33,000 in veterinary expenses and charged various items related to their pets, including high-end bird cages for their tropical birds.

    On April 25, 2025, Robin Joseph pled guilty to wire fraud conspiracy and aggravated identity theft in connection with the scheme.  He is facing a maximum sentence of 20 years in federal prison for wire fraud conspiracy and a mandatory two years for aggravated identity theft.

    U.S. Attorney Hayes commended the FBI for its work in the investigation. Ms. Hayes also thanked Assistant U.S. Attorney Paul Riley who is prosecuting the federal case.

    For more information about the Maryland U.S. Attorney’s Office, its priorities, and resources available to report fraud, visit www.justice.gov/usao-md and https://www.justice.gov/usao-md/community-outreach.

    # # #

    MIL Security OSI –

  • MIL-OSI: Inellas Restoration Center Receives the SBB Research Group Foundation Grant

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 30, 2025 (GLOBE NEWSWIRE) — Inellas Restoration Center received a $5,000 grant from the SBB Research Group Foundation, which awards monthly grants to support impactful organizations. 

    Inellas Restoration Center (IRC), based in River Forest, IL, is dedicated to empowering women and children who have survived domestic violence by providing safety, healing, and long-term support. Through specialized programs and advocacy, the nonprofit works to break the cycle of abuse and help survivors rebuild their lives with stability and independence.

    IRC Founder and Executive Director Remona Sanders shares, “This organization was created to fill a critical gap in support for those impacted by domestic violence. Too often, individuals facing these challenges struggle to find the resources they need. Our mission is to ensure that help is accessible, compassionate, and empowering for anyone affected.”

    With a survivor-centered approach, IRC offers comprehensive services to address the urgent and long-term needs of those impacted by domestic violence. The Domestic Violence Prevention and Intervention program provides crisis intervention, legal advocacy, counseling, and support groups to help survivors regain control and achieve self-sufficiency. Recognizing the importance of education and early prevention, the Teen Healthy Relationship Program teaches young people about consent, conflict resolution, and the foundations of healthy relationships. Additionally, the Partner Abuse Intervention Program works with individuals who have perpetrated domestic violence, fostering accountability and behavioral change.

    To further support survivors on their path to independence, IRC is launching the Transitional Housing Program, which will provide safe, stable housing along with financial literacy training, legal advocacy, tutoring, and case management. Survivors who do not require emergency shelter will still have access to specialized domestic violence services, including housing referrals, trauma-informed counseling, and community resources.
    By addressing the immediate and long-term needs of survivors, IRC continues to provide a pathway to safety, empowerment, and lasting change.

    “We are honored to support Inellas Restoration Center as they provide life-changing resources and compassionate care to survivors of domestic violence,” said Matt Aven, co-founder and board member of the SBB Research Group Foundation.

    About the SBB Research Group Foundation 

    The SBB Research Group Foundation is a 501(c)(3) nonprofit that furthers the philanthropic mission of SBB Research Group LLC (SBBRG), a Chicago-based investment management firm led by Sam Barnett, Ph.D., and Matt Aven. The Foundation provides grants to support ambitious organizations solving unmet needs with thoughtful, long-term strategies. In addition, the Foundation sponsors the SBBRG STEM Scholarship, which supports students pursuing science, technology, engineering, and mathematics degrees. 

    Contact: Erin Noonan 
    Organization: SBB Research Group Foundation 
    Email: grants@sbbrg.org 
    Address: 450 Skokie Blvd, Building 600, Northbrook, IL 60062, United States 
    Phone: 1-847-656-1111 
    Website: https://www.sbbrg.org 

    The MIL Network –

  • MIL-OSI Russia: GUU and the Petersburg Machine-Building Plant: joint work to strengthen the country’s technological sovereignty

    Translation. Region: Russian Federal

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

    On April 29, Vice-Rector of the State University of Management Maria Karelina and Director of the Engineering Project Management Center Vladimir Filatov visited the Petersburg Machine-Building Plant LLC, a manufacturer of wheeled tractor equipment of 5-9 traction classes and special-purpose equipment.

    During the meeting with the development director Mikhail Petrov and the management of the enterprise, the parties outlined the vectors of further cooperation – solving scientific problems relevant to the enterprise, implementing projects in the field of automation of production processes, creating new types of high-tech engineering products. A special area of joint interaction was the selection of personnel for the St. Petersburg Machine-Building Plant from among students participating in the activities of the student design bureau “Innovative Solutions”.

    Developing cooperation with enterprises in the real sector of the economy is one of the strategic objectives of the Development Program of the State University of Management.

    “Strengthening the technological sovereignty of Russia is one of the frontier tasks in the framework of the scientific and technological development of the country, outlined by the President of the Russian Federation Vladimir Vladimirovich Putin. GUU implements a significant range of technological and design projects in the interests of enterprises of the real sector of the economy. For example, the Student Design Bureau has been working for several years on orders from TMH-Engineering LLC, GUU scientists are the leaders of the scientific group in a large scientific project to create a digital platform for the agro-industrial complex of Russia. This is the university’s contribution to the common cause of creating and promoting new technologies, training engineering and management personnel for sectors of the economy. The new partner, the Petersburg Machine-Building Plant, sets ambitious goals for us. I am confident that we will successfully solve them together,” emphasized GUU Rector Vladimir Stroyev.

    At the meeting, agreements were reached on the joint preparation of technical specifications for the discussed projects and the prospects for attracting appropriate government support measures for their implementation.

    The delegation of the State University of Management thanks the management of the Petersburg Machine-Building Plant LLC for their hospitality and meaningful cooperation.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/30/2025

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

    MIL OSI Russia News –

  • MIL-OSI Russia: IA Ura.ru: Maxim Chirkov on how Putin responded to Trump’s threats of a global trade war

    Translation. Region: Russian Federal

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

    Source: IA Ura.ru

    President Vladimir Putin is restructuring the economy due to the risks of a global trade war. At a meeting on economic issues on April 24, he called for using the turbulence in the world to strengthen domestic production. As Maxim Chirkov, associate professor of the Department of Economic Policy and Economic Measurements at the Institute of Economics and Finance of the State University of Management, explained to URA.RU, Putin is reducing Russia’s dependence on oil and gas prices, increasing the role of non-commodity goods in the economy.

    “A constant, objective analysis of the current economic situation is extremely important. It is always in our field of vision, especially now, when the international economic situation is objectively becoming more complicated, when commodity and financial markets are experiencing serious fluctuations due to the intensification of global competition,” Putin said.

    It is important not only to monitor changes in the world, but also to use the emerging opportunities to develop our production, trade relations and exports, and strengthen the economy as a whole, the president emphasized. According to him, a planned “soft landing” is underway in Russia. This is necessary in order to overcome inflation, which is still at a high level of over 10%, and maintain economic growth.

    The President noted the growth of the manufacturing industry in Russia by more than 5% at the beginning of 2025. He considers the decline in the volume of residential construction to be the most difficult challenge. Putin called for keeping this issue “under special control”, since the pace of construction directly affects the availability of housing and other related industries – from the production of building materials to the production of furniture and household appliances.

    Donald Trump’s trade war became the main topic of discussion for economists from all over the world in April. Washington has raised tariffs on Chinese goods several times, and they are currently at 125%. The US has also imposed higher rates on dozens of other countries, but on April 9, it suspended this decision for 90 days. No additional tariffs were imposed on Russia, but the situation in the world cannot but affect the domestic economy – this is what Putin is preparing for, economist Maxim Chirkov believes.

    “Risks and uncertainty are growing. The authorities need to respond quickly to what is happening in the global economy in order to maintain the growth rates that have been record-breaking for many years. By and large, no one has yet felt the upcoming difficulties, but the tariffs imposed by Trump will have a strong impact on global trade. The Russian economy may also suffer from trade wars, including from falling energy prices,” Chirkov said.

    At the same time, Russia is becoming less and less dependent on the situation on foreign markets and the cost of oil, the economist added. According to him, domestic demand, the creation of production facilities and domestic goods are becoming the basis for economic development. “The fourth largest Russian economy in the world can benefit from the aggravation between the US and China. In 2025, Russia has every chance to increase the pace of economic growth and international trade. It is necessary to respond not only to difficulties, but also to emerging opportunities,” the URA.RU interlocutor summed up.

    Subscribe to the TG channel “Our GUU” Date of publication: 04/30/2025

    IA Ura.ru

    President Vladimir Putin is restructuring the economy amid the risks of a global trade war. At an economic conference on April 24, he called for using global turbulence to strengthen domestic manufacturing….

    ” data-yashareImage=”https://guu.ru/wp-content/uploads/Сми-о-нас-13.png” data-yashareLink=”https://guu.ru/%d0%b8%d0%b0-ura-ru-%d0%bc%d0%b0%d0%ba%d1%81%d0%b8%d0%bc-%d1%87%d0%b8%d1%80%d0%ba%d0%be%d0%b2-%d0%be-%d1%82%d0%be%d0%bc-%d0%ba%d0%b0%d0%ba-%d0%bf%d1%83%d1%82%d0%b8%d0%bd-%d0%be%d1%82%d1%80%d0%b5/”>

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

    MIL OSI Russia News –

  • MIL-OSI: MissionSquare Retirement names Tom McAndrews as Chief Legal Officer

    Source: GlobeNewswire (MIL-OSI)

    Washington, D.C., April 30, 2025 (GLOBE NEWSWIRE) — MissionSquare Retirement is pleased to announce the appointment of Tom McAndrews as Chief Legal Officer (CLO), reporting to the firm’s chief executive officer and president, Andre Robinson. In his expanded role, McAndrews will oversee MissionSquare’s Corporate Affairs Department, including Legal, Compliance, Government Affairs, Research, and Risk Management.

    “I am thrilled that Tom will take on this expanded role as CLO for our organization,” said Robinson. “Tom’s leadership and dedication to our vision as a company have been instrumental to our growth over the years and will undoubtedly contribute to our continued success as we move forward. This is an exciting next chapter for Tom and our entire team, and I look forward to being on this journey together.”

    McAndrews has been an integral part of the MissionSquare team for over 16 years. He first joined the firm’s legal department in 2008, where he served as vice president, securities counsel. Since joining MissionSquare, McAndrews has worked on various issues related to broker-dealer, investment adviser, and investment company regulation, and his leadership has been instrumental in strengthening MissionSquare’s compliance framework and navigating complex legal matters.

    Before joining MissionSquare, McAndrews held the position of counsel with O’Melveny & Myers, LLP, where he represented clients in securities-related enforcement proceedings before the U.S. Securities and Exchange Commission, U.S. Department of Justice, the New York Stock Exchange, and the Financial Industry Regulatory Authority. He also provided regulatory counseling to his clients regarding compliance with federal securities laws and self-regulatory organization rules. In addition, he has previously held roles with the Securities and Exchange Commission and the U.S. Court of Appeals for Veterans Claims.

    McAndrews earned a bachelor’s degree from the College of the Holy Cross and a doctorate of law from The George Washington University Law School. He served as a submarine officer in the U.S. Navy and is based in Washington, D.C.

    MissionSquare remains focused on its mission to help all plan participants retire well, which continues to drive and define the company today. The firm continues to introduce new tools and resources to help individuals and their families build retirement security.

    About MissionSquare Retirement

    Since its founding in 1972, MissionSquare Retirement has been dedicated to simplifying the path to retirement security for public service employees. As a mission-based financial services company, we manage and administer over $72.0 billion in assets.* Our commitment to delivering results-oriented retirement plans, education, investments, and personalized advice sets us apart. Explore how we enable public service workers to build a secure financial future. For more information, visit www.missionsq.org or follow the company on Facebook, LinkedIn, and X.

    *As of Dec. 31, 2024. Includes 457(b) plans, 401(a) plans, 403(b) plans, Retirement Health Savings plans, Employer Investment Program plans, affiliated IRAs, and investment-only assets.

    The MIL Network –

  • MIL-OSI: HTX DAO Dubai Whale Night 2025 Concludes: Partnering with HTX to Unlock Long-Term Ecosystem Value

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 30, 2025 (GLOBE NEWSWIRE) — HTX DAO successfully hosted the HTX DAO Dubai Whale Night 2025, bringing together top builders, investors, and industry leaders for a high-impact evening of insights, product reveals, and ecosystem strategy.

    The event’s central focus was a keynote speech by Justin Sun, Advisor to HTX and Founder of TRON, delivering a clear message about HTX’s momentum and vision for global expansion.

    “Currently, HTX is among the top five offshore exchanges and continues to expand,” Sun stated. “We are completely focused on the Middle East and are also targeting clients from the CIS region and Europe.”

    Sun also emphasized HTX’s commitment to long-term regional growth and global reach. He highlighted the platform’s U.S. ambitions, stating, “The TRX ETF application in the United States represents significant progress. Over the next few years, we will focus on U.S. development to increase our international footprint, which I think is extremely important for both HTX and our broader strategy.”

    He added that HTX is expanding its trading ecosystem with projects like USDD and $TRUMP and invited users around the world to share ideas.

    HTX DAO Drives Growth, Deepens Ecosystem Governance
    Molly, Spokesperson for HTX and Ambassador of HTX DAO, shared updates on platform performance and DAO integration. In Q1 2025, HTX became the only top 10 global exchange to increase spot trading volume, boasting over 50 million registered users and a 210% increase in net deposits. HTX continues to maintain a reserve ratio above 100%.

    She noted that the platform’s success stems from its “security, transparency, and precise market sensitivity.” Looking ahead, HTX will strengthen DAO integration, enabling the community to participate in governance and listing decisions through decentralized voting. This blend of centralized efficiency and decentralized control is key to HTX’s future.

    SVIP Benefits Unveiled, $1M Recruitment Program Launches
    HTX officially unveiled its upgraded SVIP benefits system, tailored for high-frequency traders, institutional clients, and long-term holders. The system focuses on three pillars: cost efficiency, capital efficiency, and exclusive privileges.

    Key highlights include:

    • Ultra-low fees: Spot maker fees as low as 0.0126%, futures maker fees as low as 0%, dramatically reducing transaction costs.
    • Efficient margin and crypto loans: Enjoy up to 9% discount on margin interest rates, flexible loans, and zero service fees. Eligible users can access up to $20 million in credit lines per account, with Fireblocks custody integration to ensure asset safety.
    • SVIP-only privileges: 1-on-1 account managers with 24/7 support, Improved API rate limit, and invitations to private SVIP gatherings.

    SVIP users can further enhance returns by optimizing their Prime tier levels, potentially saving up to $10,000 in monthly fees and increasing overall yields by up to 20%.

    To mark the launch, HTX is rolling out a $1 million SVIP recruitment campaign:

    • Invite new users to become SVIPs and earn up to $5,000 in USDT
    • Enjoy double rewards for VIP users migrating from other platforms
    • Earn an additional $2,000 cashback voucher when referring multiple qualified users

    More SVIP-exclusive benefits will be unveiled in mid-May, further elevating the premium trading experience for top-tier clients.

    About HTX DAO
    As a multi-chain deployed decentralized autonomous organization (DAO), HTX DAO demonstrates an innovative governance approach. It pioneers a blended CeFi/DeFi paradigm, including listing and community governance, through its focus on building an exchange DAO and a free financial hub ecosystem. Unlike traditional corporate structures, it adopts a decentralized governance structure composed of a diversified group, jointly committed to the success of this organization. This unique ecosystem advocates openness and encourages all DAO participants to propose ideas that can promote the development of HTX DAO.

    Contact
    Website: www.htxdao.com
    Email: media@htxdao.com
    Ruder Finn Asia

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/86c2506e-94a2-40a8-9f2c-67bab72623d0

    The MIL Network –

  • MIL-OSI: TRESU Investment Holding A/S – Annual Report 2024

    Source: GlobeNewswire (MIL-OSI)

    TRESU INVESTMENT HOLDING A/S
    ANNOUNCEMENT NO. 05.2025
    30.04.2025

    TRESU Investment Holding A/S – Annual Report 2024

    The Board of Directors and the Executive Board have today considered and approved the Annual Report of Tresu Investment Holding A/S for the financial year 01.01.2024 – 31.12.2024.

    The Annual Report is presented in accordance with IFRS Accounting Standards as adopted by EU and additional requirements applying to Danish companies.

    We are pleased to invite you to the financial results call, which is being held

                                                 Monday, May 5, 2025, at 3:30 pm CET.

    The Annual Report will be presented by Stephan Plenz, CEO and Torben Børsting, CFO. After the presentations there will be an opportunity for Q+A.

    A recording of the results call will be made available for four hours on the TRESU IR website.

    To register for the investor call, please send an e-mail to Financial manager at TRESU A/S, Finn Holm, no later than May 2, 2025 9am CET  –  fho@tresu.com

    Stephan plenz
    CEO, TRESU

    For further details, please contact:
    CEO, Stephan Plenz, phone: +45 2194 5480
    CFO, Torben Børsting, phone: +45 5130 2780

    Attachments:

    TRESU Investment Holding AS Annual report 2024

    Tresu-2024-12-31-en

    Attachments

    The MIL Network –

  • MIL-OSI: AAFMAA is now “Armed Forces Mutual” Reinforcing Commitment to the Entire Military Community

    Source: GlobeNewswire (MIL-OSI)

    FT. MYER, Va., April 30, 2025 (GLOBE NEWSWIRE) — The American Armed Forces Mutual Aid Association (AAFMAA), the nation’s longest-standing nonprofit financial solutions provider for the military community, today announced that it will now go by “Armed Forces Mutual,” to clearly reflect its commitment to all branches of the military and illustrate what the organization does and who it serves. Though the organization’s name has evolved, the mission and services its Members have long relied on remain unchanged.

    Armed Forces Mutual leadership assures all existing Members that this is the same trusted organization it has been for 146 years. It is an historic nonprofit Association run by and for members of the military community. This name evolution allows the organization to highlight its mutual benefit structure that works to return benefits to Members, not shareholders.

    “‘Armed Forces Mutual’ was always the heart of our name and we are now bringing it front and center to place our mission in the spotlight,” said Michael Meese, President of Armed Forces Mutual. “We are not a new organization with different services or ideals; the only thing changing here is our name. Our commitment to all branches of the military has not wavered and our Members can expect to receive the same services they have come to rely on from us.”

    Since its inception, Armed Forces Mutual has provided financial services and expert advice to hundreds of thousands of active duty servicemembers, National Guardsmen, Reservists, Veterans and their spouses and family members, representing all branches of service. Members of the military community who are interested in learning more about Armed Forces Mutual’s insurance and financial solutions are encouraged to visit armedforcesmutual.com to learn more. Reach out to communciations@aafmaa.com with any questions.

    About Armed Forces Mutual

    Armed Forces Mutual is the longest-standing nonprofit financial solutions provider that empowers the military community with affordable financial solutions — including always-affordable life insurance, expert investment management, and customized residential mortgages. Follow the organization on Facebook, LinkedIn, Instagram and X.

    Media Contact:

    Spencer Herrmann
    FischTank PR
    armedforcesmutual@fischtankpr.com

    The MIL Network –

  • MIL-OSI: insightsoftware Launches EZLease Lessor: Reduces Risk, Cost, and Complexity for Lessor Accounting

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., April 30, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, introduces EZLease Lessor, a lease lifecycle management solution that reduces risk, cost, and complexity for lessors. With this launch, insightsoftware solidifies its position as a trusted partner capable of managing both sides of the lease accounting equation. EZLease Lessor from insightsoftware enables organizations to streamline operations, enhance financial accuracy, and efficiently manage even the most complex lease portfolios.

    Technology and equipment markets continue to shift toward leasing and subscription-based models, creating challenges in accounting, compliance, and scalability. Finance and compliance professionals face added pressure from repetitive, time-consuming manual tasks further complicating their workload. EZLease Lessor addresses these issues by automating compliance processes, eliminating tedious tasks, and providing real-time insights with customers reporting a 20% reduction in manual lease due diligence. It seamlessly supports all lease types, from operating and sales-type, to direct financing, ensuring comprehensive coverage for diverse needs.

    “We understand the growing complexities organizations face in navigating evolving lease accounting requirements and adapting to models like equipment-as-a-service,” said Monica Boydston, General Manager, EPM & Controllership at insightsoftware. “EZLease Lessor was developed by listening closely to our customers, understanding their needs, and designing a product that empowers them to manage both sides of a lease agreement effectively. By addressing these challenges head-on, we are solidifying our leadership in the lease lifecycle management market and helping our customers achieve sustainable growth.”

    With EZLease Lessor, finance and compliance professionals gain capabilities far beyond what outdated systems and spreadsheets offer. They can:

    • Achieve Effortless Compliance: Generate accurate, audit-ready reports with built-in compliance to International Financial Reporting Standard (IFRS) 16 and Accounting Standards Codification (ASC) Topic 842, eliminating time-consuming manual adjustments.
    • Automate Repetitive Processes: Reduce errors and accelerate workflow with tools that handle tasks like creating journal entries and syncing records with enterprise resource planning (ERP) systems. This allows teams to focus on higher-value, strategic tasks.
    • Grow Without Operational Bottlenecks: Seamlessly scale lease management to adapt to higher lease volumes and complex agreements. A user-friendly interface and powerful integrations ensure that growth does not lead to chaos.
    • Reduce Stress and Save Time: Leverage modern, reliable tools that remove redundancies, speed up month-end closings, and simplify portfolio oversight, creating more time for impactful decision-making.

    insightsoftware oversees and automates over 1.4 million leases, representing more than $150 billion in value. Available globally, EZLease Lessor streamlines lessor accounting, helping businesses enhance efficiency and maintain compliance with ease. Join the “Your Guide to Lessor Accounting” webinar on May 7, 2025, at 2 pm ET to learn more about how EZLease Lessor simplifies lease management and drives operational success. Register here.

    About insightsoftware
    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    The MIL Network –

  • MIL-OSI: Western Communities Foundation Celebrates 20th Anniversary of National Walk and Announces New Theme Focusing on Safe Places

    Source: GlobeNewswire (MIL-OSI)

    HIGH RIVER, Alberta, April 30, 2025 (GLOBE NEWSWIRE) — Western Financial Group Communities Foundation is proud to announce the 20th anniversary of its national charity walk, taking place from May 19-24, 2025. This milestone event marks two decades of dedicated efforts to support local communities across Canada with over $1 million donated to local initiatives, funding playgrounds, awarding scholarships, and transforming community spaces since its inception in 2005. This also marks a new chapter of Western’s journey and commitment to caring for communities with a new focus on Safe Places.

    Previously known as the National Walk to Support the Cause, this year’s event has been rebranded as the National Walk for Safe Places. “In a world facing increasing climate disasters, geopolitical uncertainties, rising food and housing costs, and mental health challenges, creating strong, inclusive, and resilient communities is more important than ever,” said Grant Ostir, CEO of Western Financial Group and Foundation Board President. “As a proudly Canadian company, we know the value of feeling safe and secure.”

    From May 19-24, thousands of Western team members, neighbours, and partners will walk together in over 150 communities to support creating safe places to live, play and work. This powerful act of unity highlights the importance of coming together not just as colleagues, but as Canadians who care about their hometowns.

    “Our new focus on building safe places underscores our commitment to caring for and empowering our communities,” said Nancy Green-Bolton, Western Communities Foundation Board Chair and Western Financial Group Chief Operating Officer. “We believe that by building resilient neighbourhoods, we allow our diverse communities to thrive and succeed.”

    As part of the celebrations, Western will donate $10,000 to local charities through its #StepUpAndShare Photowalk Challenge. Between May 1-24, participants are encouraged to share photos of their walking shoes or their neighbourhoods on social media using hashtag #StepUpAndShare, tagging their favourite charity. Each post enters the participant for a chance to win a $1,000 donation for their charity, terms apply. Ten winners will be announced on May 27. Participants are encouraged to visit westerngives.ca and follow along on Western’s social media pages for updates.

    “This is a remarkable opportunity to engage communities from coast to coast and showcase the powerful impact of walking together for a purpose that is both relevant and timely,” shared Michelle Mak, Director of Western Communities Foundation, “What started as a walk with just over 200 people has grown into a nationwide initiative over the past 20 years, inspiring thousands. I’m proud to be a part of a company that’s dedicated to investing in a better, brighter future for everyone.”

    Western Financial Group Communities Foundation

    Founded in 2001, the Western Financial Group Communities Foundation serves to give back to the communities where Western employees live, work and play, and foster employee pride and engagement. The Foundation’s core donation programs include community Infrastructure Grants, the Western Inspirational Awards for graduating high school students, and the Matching Grants Program. Since its inception, the Western Communities Foundation has granted more than $9 million to support local communities.

    About Western Financial Group Inc.

    Headquartered in High River, Alberta, Western Financial Group is a diversified insurance services company that has provided over one million Canadians with protection for over 100 years. Western is committed to community service, customer service, innovation, growth, and people while providing personal and business insurance through our engaged team of over 2,000 people in over 200 communities, affiliates, and various connected channels.

    Since the very beginning, supporting our local communities has guided everything we do—it’s who we are. In 2001, the Western Financial Group Communities Foundation (our non-profit charity) was created as a way for our team members to give back and positively impact the people and pride in the places where we live, work, and play. To date, we have granted over $9 million back into our communities.

    Western Financial Group is a subsidiary of Trimont Financial Ltd., a subsidiary of The Wawanesa Mutual Insurance Company. Visit https://westernfinancialgroup.ca for more.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d47e661a-c3eb-4b76-b04b-bc2881e79a13

    The MIL Network –

  • MIL-OSI: Sidetrade publishes its 2024 annual report

    Source: GlobeNewswire (MIL-OSI)

    Sidetrade, the global leader in AI-powered Order-to-Cash applications, today publishes its 2024 Annual Report, highlighting a year defined by record performance, innovation in generative AI, and continued international expansion.

    Sidetrade’s 2024 Annual Report provides an in-depth analysis of the company’s ecosystem, strategic direction, and governance framework. It also reviews the key milestones that shaped the past financial year. Beyond the financial results, the report connects economic performance and non-financial impact, demonstrating Sidetrade’s commitment to responsible growth, exemplary governance, and sustainable value creation.

    This report is designed for investors, partners, customers, and stakeholders who want a deeper understanding of how Sidetrade anticipates, innovates, and shapes the future of corporate finance.

    It is available on the company’s website here.

    Philippe Gangneux, CSR Ambassador and Chief Financial Officer of Sidetrade, commented:

    “In 2024, we delivered record revenue and profitability, while expanding our AI innovation and international footprint. For the second year, we’re integrating both financial and non-financial performance to give our stakeholders a transparent, 360° view of how Sidetrade creates value. Our ability to combine sustained growth, operational excellence, and long-term impact is what sets us apart.

    “This year’s Annual Report goes beyond numbers, highlighting how our intelligent solutions, powered by the Sidetrade Data Lake, are not only accelerating cash flow performance for our customers, but helping finance leaders rethink what’s possible in the age of generative AI.”

    Next financial announcement
    Annual General Meeting: June 18, 2025, 11:00 AM – 12:30 PM (France, Sidetrade headquarters) First Half Year Revenue for 2025: July 16, 2025 (after the stock market closes)

    Investor relations
    Christelle Dhrif                  00 33 6 10 46 72 00           cdhrif@sidetrade.com

    Media relations @Sidetrade
    Becca Parlby               00 44 7824 5055 84         bparlby@sidetrade.com

    About Sidetrade (www.sidetrade.com)
    Sidetrade (Euronext Growth: ALBFR.PA) provides a SaaS platform designed to revolutionize how cash flow is secured and accelerated. Leveraging its next-generation AI, nicknamed Aimie, Sidetrade analyzes $7.2 trillion worth of B2B payment transactions daily in its Cloud, thereby anticipating customer payment behavior and the attrition risk of 40 million buyers worldwide. Aimie recommends the best strategies, dematerializes, and intelligently automates Order-to-Cash processes to enhance productivity, results and working capital across organizations. Sidetrade has a global reach, with 400+ talented employees based in Europe, the United States and Canada, serving global businesses in more than 85 countries. Amongst them: AGFA, BMW Financial Services, Bunzl, DXC, Engie, Inmarsat, KPMG, Lafarge, Manpower, Morningstar, Page, Randstad, Safran, Saint-Gobain, Securitas, Siemens, UGI, Veolia.
    Sidetrade is a participant of the United Nations Global Compact, adhering to its principles-based approach to responsible business.
    For further information, visit us at www.sidetrade.com and follow @Sidetrade on LinkedIn.
    In the event of any discrepancy between the French and English versions of this press release, only the French version is to be taken into account.

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Reports of a new UK-EU strategic partnership is a ‘welcome boost’ for Welsh producers – Plaid Cymru

    Source: Party of Wales

    Reducing trade barriers will help Welsh producers who make vital contribution to Wales’ economy – Liz Saville Roberts MP

    During Wales Questions in the House of Commons today (Wednesday 30 April), Plaid Cymru Westminster leader Liz Saville Roberts MP said that the reports of a new UK-EU strategic partnership to reduce trade barriers will be a ‘welcome boost’ to Wales’s food and drinks producers.  

    75% of the sector’s exports currently go to the EU.  

    Ms Saville Roberts outlined the vital contribution that Welsh producers make to Wales’ economy and asked Jo Stevens MP to join her in celebrating producers and farmers from across Wales. The Dwyfor Meirionnydd MP gave a special mention to those at Nefyn Show in her constituency and to those from Carmarthenshire who were visiting Parliament today for Carmarthenshire Day. 

     

    Speaking in the House of Commons, Liz Saville Roberts MP said:   

    “Reports of a new UK-EU strategic partnership to reduce trade barriers will at last be a welcome boost to Wales’s food and drinks producers, given that 75% of the sector’s exports go to the EU.  

    “All producers, from farm to fork, of our wonderful Welsh produce make a vital contribution to Wales’s economy.  

    “Will the Secretary of State join me in celebrating all of Wales’s producers and farmers, especially those at Nefyn Show on Monday and even more so those from Carmarthenshire here today?” 

    MIL OSI United Kingdom –

  • MIL-OSI: NextNRG Expands Services into Oklahoma

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, April 30, 2025 (GLOBE NEWSWIRE) — NextNRG, Inc. (“NextNRG” or the “Company”) (Nasdaq: NXXT), a pioneer in AI-driven energy innovation—transforming how energy is produced, managed, and delivered through its advanced Utility Operating System, smart microgrid technology, wireless EV charging, and on-demand mobile fuel delivery solutions— today announced the expansion of its mobile fueling operations into Oklahoma, further extending its national footprint and advancing its recurring revenue strategy.

    Initial operations in Oklahoma will begin with servicing one of the nation’s largest in-house fleet operators under a long-term agreement. The Company expects to build on this foundation by expanding services to additional national accounts and opening new markets across the state.

    NextNRG believes that Oklahoma’s expanding infrastructure and logistics sectors represent a significant opportunity for mobile fueling services. With more than $9 billion in planned construction through 2030, a high concentration of fleet-reliant industries, and its role as a national freight and energy corridor, the state aligns well with NextNRG’s customer profile and operating model.

    “Oklahoma represents a strong entry point as we expand fueling services for one of the largest in-house fleet operators in the U.S.,” said Michael D. Farkas, Founder and CEO of NextNRG. “This launch not only supports an existing customer relationship under a long-term agreement, but also provides a foundation for broader growth across the state as we scale with additional national partners and open new markets in the region.”

    NextNRG’s direct-to-site fueling services are currently active in several states, including Florida, Texas, California, Tennessee, Michigan and Arizona. The Company provides centralized account management, on-demand scheduling and secure tracking tools through its proprietary customer interface.

    About NextNRG, Inc.
    NextNRG, Inc. (NextNRG) is Powering What’s Next by implementing artificial intelligence (AI) and machine learning (ML) into renewable energy, next-generation energy infrastructure, battery storage, wireless electric vehicle (EV) charging and on-demand mobile fuel delivery to create an integrated ecosystem.

    At the core of NextNRG’s strategy is its Utility Operating System, which leverages AI and ML to help make existing utilities’ energy management as efficient as possible; and the deployment of NextNRG smart microgrids, which utilize AI-driven energy management alongside solar power and battery storage to enhance energy efficiency, reduce costs and improve grid resiliency. These microgrids are designed to serve commercial properties, schools, hospitals, nursing homes, parking garages, rural and tribal lands, recreational facilities and government properties, expanding energy accessibility while supporting decarbonization initiatives.

    NextNRG continues to expand its growing fleet of fuel delivery trucks and national footprint, including the acquisition of Yoshi Mobility’s fuel division and Shell Oil’s trucks, further solidifying its position as a leader in the on-demand fueling industry. NextNRG is also integrating sustainable energy solutions into its mobile fueling operations. The company hopes to be an integral part of assisting its fleet customers in their transition to EV, supporting more efficient fuel delivery while advancing clean energy adoption. The transition process is expected to include the deployment of NextNRG’s innovative wireless EV charging solutions.

    To find out more, visit: www.nextnrg.com

    Forward-Looking Statements
    This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Any statement describing NextNRG’s goals, expectations, financial or other projections, intentions, or beliefs is a forward-looking statement and should be considered an at-risk statement. Words such as “expect,” “intends,” “will,” and similar expressions are intended to identify forward-looking statements. Such statements are subject to certain risks and uncertainties, including, but not limited to, those related to NextNRG’s business and macroeconomic and geopolitical events. These and other risks are described in NextNRG’s filings with the Securities and Exchange Commission from time to time. NextNRG’s forward-looking statements involve assumptions that, if they never materialize or prove correct, could cause its results to differ materially from those expressed or implied by such forward-looking statements. Although NextNRG’s forward-looking statements reflect the good faith judgment of its management, these statements are based only on facts and factors currently known by NextNRG. Except as required by law, NextNRG undertakes no obligation to update any forward-looking statements for any reason. As a result, you are cautioned not to rely on these forward-looking statements.

    Investor Relations Contact
    NextNRG, Inc.
    Sharon Cohen
    SCohen@nextnrg.com

    The MIL Network –

  • MIL-OSI: Decisions adopted in the Ordinary General Meeting of Shareholders of AB Amber Grid

    Source: GlobeNewswire (MIL-OSI)

    AB Amber Grid, legal entity code: 303090867. Address: Laisvės ave. 10, LT-04215 Vilnius, Lithuania.
    The following decisions were adopted in the Ordinary General Meeting of Shareholders of AB Amber Grid on 30 April 2025:

    1) To read the independent auditor’s report on the AB „Amber Grid“ 2024 set of financial statements and the AB „Amber Grid“ 2024 Consolidated Management Report

    No decision of the General Meeting of Shareholders is required. The Board has submitted Amber Grid’s consolidated management report to the Shareholders’ Meeting for information (attached).

    2) On the approval of the AB „Amber Grid“ 2024 consolidated and separate financial statements

    To approve the 2024 set of financial statements of AB „Amber Grid“

    3) On the approval of the distribution of AB „Amber Grid“ profits for 2024

    To approve the distribution of AB „Amber Grid”’s profit for 2024 (attached)

    4) On the approval of the information on the remuneration for 2024 of AB „Amber Grid“

    To approve the information on remuneration for 2024 provided by AB „Amber Grid“ as part of the Consolidated Management Report for 2024 (attached)

    Attachments:
    1. Profit allocation of Amber Grid AB of 2024.
    2. Consolidated and separate financial statements of Amber Grid AB for 2024 December 31, consolidated annual report, confirmation of responsible persons, independent auditor’s report.

    More information:
    Laura Šebekienė, Head of Communications of Amber Grid,
    +370 699 61 246, l.sebekiene@ambergrid.lt

    Attachments

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  • MIL-OSI: DelNorte Partners with Brazilian Government to Launch Landmark Data Tokenization Project and Release DTV Token

    Source: GlobeNewswire (MIL-OSI)

    Miami, FL, April 30, 2025 (GLOBE NEWSWIRE) — In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions. With deployments already active in Mexico, Honduras, and El Salvador, DelNorte is the only tokenization customer relationship management platform operating across four Latin American nations, supported by blockchain networks like Ethereum, NEAR, Polygon, and Partisia, and backed by collaborators including Coldwell Banker, Novotel, Valkary, and Farcana.

    “This is real, working technology addressing trillion-dollar challenges,” says Anton Glotser, Co- Founder & CEO. “We’re not just imagining a future of secure, automated government data — we’re building it, hand-in-hand with governments ready for change.”

    Anton Glotser – Founder & CEO of DelNorte

    The Vision:

    Automating and Securing All Government Data. DelNorte’s mission is to digitize and tokenize all government data — from land titles to IDs, licenses, and public records — with a long-term goal of automating and securing every government transaction on the blockchain. By leveraging AI and blockchain, DelNorte’s Terra Vision platform ensures transparency, efficiency, and tamper-proof security, transforming how governments and citizens interact with critical data. This initiative empowers economic inclusion by turning undocumented assets and identities into verifiable, active capital.

    The Founders Driving Change:

    Anton Glotser, a serial entrepreneur with over 20 ventures, is the visionary behind Terra Vision. His focus is on creating infrastructure that revolutionizes government data management and unlocks economic opportunities for billions.

    Jud Ireland, Co-Founder, brings expertise in real estate and a passion for solving global challenges. “Over 70% of critical assets, like land, lack formal documentation,” Ireland explains. “We’re changing that by digitizing and securing all government data, creating pathways to economic empowerment.”

    Anton Glotser and Jud Ireland – Founders of DelNorte

    What Is the DTV Token?
    The DTV Token is the utility backbone of the Terra Vision platform, enabling: • Secure payments for access to digitized government records
    • Staking to enhance network security
    • Governance participation in platform evolution
    • Access to a digital government service hub (e.g., smart contracts for IDs, licenses, deeds, and more)

    Key Details:
    •⁠  ⁠Token Launch: April 30, 2025
    •⁠  ⁠Where to Buy: Multiple launchpads — see pinned post at x.com/delnorte_io
    •⁠  ⁠Also Listed On: MEXC
    •⁠  ⁠Use Cases: Identity verification, secure data transfers, staking, governance, and access to certified digital records

    In a transformative step toward modernizing public data management, DelNorte has partnered with the government of Brazil to launch a pioneering data tokenization program in Rondônia. This initiative marks the official debut of the DTV Token, the core digital asset powering DelNorte’s Terra Vision ecosystem — a blockchain-based CRM platform with full government endorsement for digitizing, tokenizing, and securing all government data and transactions.

    The DTV Token will be available through multiple launchpads (details in the pinned post at x.com/delnorte_io) and is officially listed on MEXC, making it accessible to a global audience ready to participate in a new era of trusted digital infrastructure.

    Global Expansion:
    With Brazil now onboard, DelNorte is scaling its government-backed programs across Colombia, Costa Rica, Panama, Argentina, Ireland, Guatemala, Cyprus, the Philippines, and beyond. Each partnership advances the shift toward secure, digitized, and automated public data systems.

    About DelNorte:
    DelNorte is a blockchain infrastructure company dedicated to closing legal, economic, and technological gaps worldwide. Founded by Anton Glotser and Jud Ireland, DelNorte builds certified systems to securely digitize and tokenize government data, enabling billions to participate in the global economy.

    Learn More & Join the Movement:
    • Website: https://delnorte.io
    • Linktree: linktr.ee/DTVT
    • X: @delnorte_io | Telegram: t.me/Delnorte_io | Demo: demo.delnorte.io • Press Contact: Rocio Botero | info@latinolive.net

    Disclaimer: The information provided in this press release is not a solicitation for investment, nor is it intended as investment advice, financial advice, or trading advice. It is strongly recommended you practice due diligence, including consultation with a professional financial advisor, before investing in or trading cryptocurrency and securities.

    The MIL Network –

  • MIL-OSI: Annual Information of Amber Grid for 2024

    Source: GlobeNewswire (MIL-OSI)

    On 30th April, 2025 during the Ordinary General Meeting of Amber Grid Shareholders audited Consolidated and separate financial statements and the consolidated annual report for year 2024 has been approved. 

    Key financial indicators for 2024:
    • Revenue – EUR 74.6 million (the year 2023 – EUR 82.2 million);
    • EBITDA– EUR 26.5 million (the year 2023 – EUR 26.3 million);
    • Net profit – EUR 8.3 million (the year 2023 – EUR 13.0 million).

    The General Meeting of Shareholders also approved the distribution of profits of AB Amber Grid for 2024.

    Attached:
    1. Amber Grid consolidated and separate financial statements, consolidated annual report for 2024, approval of responsible persons, independent auditor’s report;
    2. Allocation of 2024 Amber Grid profit.

    The individual authorised by AB Amber Grid (the issuer) to provide additional information on the material event:

    Laura Šebekienė
    Head of Communications  
    ph. +370 699 61 246
    e-mail: l.sebekiene@ambergrid.lt   

    Attachments

    The MIL Network –

  • MIL-OSI: WisdomTree Multi Asset Issuer Public Limited Company (a public company incorporated with limited liability in Ireland) Collateralised ETP Securities Programme Report and Financial Statements for year ended 31 December 2024

    Source: GlobeNewswire (MIL-OSI)

    WisdomTree Multi Asset Issuer Public Limited Company
    LEI: 2138003QW2ZAYZODBU23
    30 April 2025

    WisdomTree Multi Asset Issuer Public Limited Company

    (a public company incorporated with limited liability in Ireland)

    Collateralised ETP Securities Programme

    Report and Financial Statements for year ended 31 December 2024

    To view the full document, please paste the following URL into the address bar of your browser.

    https://www.wisdomtree.eu/-/media/eu-media-files/other-documents/regulatory/tax/boost/audited-financial-statement-31-december-2024.xhtml
    For further information please contact Europesupport@wisdomtree.com

    The MIL Network –