NewzIntel.com

Category: Economy

  • MIL-OSI Asia-Pac: Innovation, AI, super computers, space technology, defence are key areas for joint partnerships between India-Italy: H.E. Antonio Tajani, Deputy PM, Italy

    Source: Government of India

    Innovation, AI, super computers, space technology, defence are key areas for joint partnerships between India-Italy: H.E. Antonio Tajani, Deputy PM, Italy

    Italy-India Business, Science and Technology Forum is an opportunity to collectively resolve to implement the Joint Strategic Action plan 2025-29: Union Minister of Commerce & Industry, Shri Piyush Goyal

    Posted On: 11 APR 2025 4:58PM by PIB Delhi

    Deputy Prime Minister and Minister of Foreign Affairs & International Cooperation of Italy, H.E. Antonio Tajani today while addressing the ‘Italy-India Business, Science and Technology Forum’ said that this forum is part of the strategic partnership plan signed by both the governments. “India is an important country for stability in the Indo-Pacific region. Stability is crucial to strengthen the trade,” he emphasized.

    Addressing the forum, the Deputy Prime Minister stated that India is an economy with enormous potential, and we want to strengthen this cooperation. “Italy and India are natural economic partners. Together we want to strengthen our cooperation for a partnership that looks at the future through higher education, innovation and research. Today, Italy and India are closer than ever. Our bilateral trade is over $ 14 billion, and we want to invest more in India, export more to India, and attract more Indian investments in Italy,” he added.

    Innovation, AI, super computers, space technology, defence are a few sectors which have potential for joint partnerships and both countries should work to attract investments in these areas, he highlighted.

    Union Minister of Commerce & Industry, Shri Piyush Goyal said there is further scope for expansion in the bilateral trade between India and Italy if we work seamless with each other, encourage investments, promote businesses without roadblocks.

    Shri Goyal further stated that Indian economy is slated to grow from $4 trillion to $30-35 trillion by 2047, our goal of Viksit Bharat makes India a compelled case to deepen the engagement between the European Union and India, particularly Italy and India. There are untapped newer areas like fashion, luxury goods, food processing, pharmaceuticals, tourism, green technology, advanced manufacturing, automobiles,” he emphasized.

    Shri Goyal added that amidst all the global challenges that the world is experiencing, it is very reassuring to see the strength and depth of the Italy-India friendship. “This forum is a very timely platform and a good opportunity for all of us to collectively resolve to implement the Joint Strategic Action plan 2025-29 launched by Prime Minister Narendra Modi and Prime Minister Giorgia Meloni in November of 2024. It is a very forward-looking, ambitious and pragmatic roadmap with a strong focus on trade, investment, innovation,” he added.

    Union Minister of External Affairs, Dr S Jaishankar said that the direction of India’s progress and capabilities of Italian industry make for a good combination. “Make In India, today offers a platform or pathway for that collaboration to unfold,” he added.

    ***

    Abhishek Dayal/ Nihi Sharma/ Ishita Biswas

    (Release ID: 2120965) Visitor Counter : 49

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Hospital Authority exchanges with patient groups on measures to enhance patient protection (with photos)

    Source: Hong Kong Government special administrative region

    The following is issued on behalf of the Hospital Authority:

    The Hospital Authority (HA) had an exchange with patient groups today (April 11), elaborating on the enhanced patient protection measures under the public healthcare fees and charges reform. Approximately 70 representatives from different patient groups attended the meeting in person and online. The atmosphere of the meeting was positive and both parties anticipated continuous communication, enabling better and more comprehensive patient protection.

    The exchange highlighted the enhanced medical fee waiving mechanism, the new cap on spending for public healthcare services and the expansion of the safety net. These initiatives aim to allowing the patient groups to understand more deeply that their protection will be bolstered after the full implementation of the fees and charges reform. The Director (Strategy and Planning) of the HA, Dr Ching Wai-kuen, said in the meeting, “With the public healthcare fees and charges reform plan announced earlier, the HA anticipates enhanced medical protection to poor, acute, serious, critical patients, rationalised public hospital service subsidisation and reduced wastage and misuse. Thus, the sustainability of public healthcare system will be enhanced.”

         The Chief Manager (Allied Health) of the HA, Ms Priscilla Poon, who spoke in the meeting said, “We understand that chronic patients are concerned on the fees and charges reform. Representatives from patient groups could learn more about the details of the enhanced medical fee waiving mechanism through the exchange, including relaxing the income and asset limits, extending the scope of coverage for period waivers and refining the definition of households. No patients will be denied adequate medical care due to lack of means. In addition, the new cap on annual spending of $10,000 for public healthcare services (excluding self-financed drugs and medical devices) can provide extra protection for critically ill patients.”

         The Chairman of the Hong Kong Alliance of Patients’ Organizations Limited, Mr Yuen Siu-lam, attended the meeting and said, “The meeting allowed us to clearly understand how the Government strengthened protection to patients in need under the new fees and charges arrangement. Measures including relaxing financial assessment criteria of the medical fee waiving mechanism and safety net, accelerating the introduction of more effective new medications and devices to the safety net and the introduction of the cap on annual spending of $10,000 for public healthcare services. These measures will ascertain that patients, especially those who are critically ill, will not be impoverished because of an increase in medical fees. This conveys an important message to chronic patients. We look forward to continuous communication with the HA.”

    The HA is formulating the details of the public healthcare fees and charges reform. The HA will continue to communicate with patient groups on various platform, while also to elaborate the content of the reform, including the implementation arrangements for the enhanced patient protection measures, through networks between hospitals and patients. Moreover, the HA will further deliberate the fees and charges reform implementation arrangement with patients through different publicity channels, including media, social media and other promotion materials. While the new arrangements and other enhancement measures related to the public healthcare fees and charges reform will take effect in January 2026, the current fee schedule and financial criteria for application of medical fee waiver would continue to adhere to existing standards. Details of implementation will be announced gradually by the end of this year. Patients can then proceed with relevant applications based on their individual needs. Public hospital staff will be available to assist patients to ensure smooth processing.

    The HA will also maintain active communication with other stakeholders, including Legislative Council members and patient rights groups, to understand their concerns.

    MIL OSI Asia Pacific News –

  • MIL-OSI Asia-Pac: Union Commerce and Industry Minister, Shri Piyush Goyal meets with H.E Mr Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs & International Cooperation of Italy to India

    Source: Government of India

    Union Commerce and Industry Minister, Shri Piyush Goyal meets with H.E Mr Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs & International Cooperation of Italy to India

    Strengthening bilateral trade and investment ties discussed

    Posted On: 11 APR 2025 5:11PM by PIB Delhi

    The Union Minister of Commerce and Industry, Shri Piyush Goyal met with H.E. Antonio Tajani, Deputy Prime Minister and Minister of Foreign Affairs of Italy here today to discuss strengthening bilateral trade and investment ties. The meeting reinforced the longstanding relationship between India and Italy, built on shared values of democracy and fair play. The two leaders discussed ways to expand economic cooperation, and explored new avenues to advance this partnership.

    This high-level engagement marks a significant step to advance the Joint Strategic Action Plan 2025-2029, agreed at the level of the two Prime Ministers in November 2024, with purposeful momentum, promoting smoother trade flows, nurturing investment opportunities, and achieving tangible outcomes, to pave the way for a prosperous, mutually beneficial partnership that benefits both our nations. It may be noted that India-Italy trade is estimated at about US$ 15 billion in 2023-2024 while Foreign Direct Investments from Italy into India are estimated at about US$ 4 billion since the year 2000.

    During discussions, both leaders acknowledged the relevance of India’s dynamic and fast-growing economy while emphasizing the significance of diversifying trade relations and deepening economic ties to achieve growth and prosperity.

    The leaders also discussed the progress of the EU-India Free Trade Agreement (FTA) negotiations and emphasized the importance of prioritizing trade issues to streamline negotiations and deliver a commercially meaningful package to build resilient value chains to provide stability to business against emerging risks.

    Sectors like pharma, textiles, industry 4.0 & technological collaboration, gems & jewellery, ship building, energy transition and agri-tech and food processing were highlighted as key areas of collaboration. Italy recognized the necessity of engaging with India as a strategic partner to diversify its trade relationships. The trade barriers faced by exporters and investors were also discussed, with both sides agreeing to resolve such issues through continuous dialogue. Both Ministers earlier attended the plenary session of the India-Italy Business, Science and Technology Forum and also interacted with Indian and Italian business leaders.

    It was agreed that the next meeting of the Joint Commission for Economic Cooperation would be held in Italy at a mutually convenient time, accompanied by a high-level business delegation to advance bilateral trade, enhance market access, and promote investments.

    ***

    Abhishek Dayal/Nihi Sharma/Ishita Biswas

    (Release ID: 2120975) Visitor Counter : 105

    MIL OSI Asia Pacific News –

  • MIL-OSI Australia: Meals in Schools pilot program begins

    Source: Northern Territory Police and Fire Services

    From August, students at five ACT public schools will have access to free breakfast and lunch, three days a week during school weeks.

    Students at five ACT public schools can access free meals, through an ACT Government pilot program.

    From August, students can enjoy free healthy breakfasts and lunches three days a week during school weeks.

    The pilot program is part of 2024–25 ACT Budget funding.

    It will run until July 2025 at:

    • Gilmore Primary School
    • Richardson Primary School
    • Narrabundah Early Childhood School
    • Gold Creek School (senior campus – years 7 to 10)
    • Melba Copland Secondary School (College campus only – years 10 to 12).

    Healthy, varied meals

    Meals will include tasty grab-and-go food such as yoghurt, fruit and vegetables, frittata, wraps and salad.

    Participating schools will provide their full menu to families as the program begins.

    An independently appointed nutrition service, The ACT Nutrition Support Service, has assessed the meals.

    The service employs Accredited Practising Dietitians. They are all passionate about helping children develop a positive relationship with food.

    The ACT Nutrition Support Service has provided nutrition education and support to schools, canteens and teachers since 2011.

    Pilot timeline

    Meal deliveries began from the week commencing 29 July at Gilmore and Richardson primary schools.

    Narrabundah Early Childhood School and Gold Creek School will receive meals from the week beginning 5 August.

    Deliveries will begin at Melba Copland Secondary School college campus the week beginning 12 August.

    The Embrace Disability Group

    The Embrace Disability Group has been awarded the contract to provide the meals.

    Embrace has catering and canteen experience in the ACT and Jerrabomberra region.

    An established catering group, they provide real-life working opportunities and hospitality training for people living with disabilities.

    The importance of good nutrition

    Nutrition has a real impact on students’ learning and wellbeing.

    Access to meals at school can help children better understand nutrition and feel happier at school.

    There will be opportunities for families, students and staff to give feedback on how they feel the pilot is working.

    This will help the Education Directorate evaluate the pilot in the second half of 2025.

    Each school will keep its community informed of the pilot’s progress.

    Find out more about financial and resource assistance for families.

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    MIL OSI News –

  • MIL-OSI Australia: Squeaky Clean puts community first

    Source: Northern Territory Police and Fire Services

    The gritty laneway location was the perfect spot for a bar that embraces the alternative.

    In brief

    • Local bar Squeaky Clean was a recipient of the ACT Government’s Tourism Product Development Fund.
    • Applications for the Fund are now open.
    • Squeaky Clean is one of many Canberra businesses benefitting from new nightlife reforms.

    Jon Murphy opened his bar Squeaky Clean just last year with support from the ACT Government’s Tourism Product Development Fund.

    And new government reforms are now providing an atmosphere in which the business can thrive.

    The idea for the bar came from a desire to fill what Jon saw as a gap in the market.

    “I was in my thirties when I got to Canberra. I don’t wear suits or RM Williams, I don’t fit into the mould of the APS person. I tried so many places but I just couldn’t find my people,” he said.

    Jon set out to create a place where he could be his genuine self. The first step was to find the right space. A gritty laneway location in Verity Lane ticked many of Jon’s boxes.

    “I saw potential. The timber floors, high ceilings, the location, and the fact that it had character already.”

    The Tourism Product Development Fund

    A grant from the Tourism Product Development Fund allowed Jon to engage local builders.

    “We used the money to stay local and keep the money in town. That was part of our agreement with the builder that we went with, that they weren’t going to subcontract out of town,” he said.

    The principle of supporting local has stuck with Jon. It extends to the Squeaky Clean menu, which showcases local suppliers and producers. The burgers have quickly become a favourite among regulars. They feature beef from Southland’s Quality Meats and buns from Three Mills.

    “They’re local and they look after us. It’s that relationship thing – building relationships with people where we both keep the money in town,” Jon said.

    How to apply

    The Tourism Product Development Fund supports local businesses to provide better visitor experiences. This helps:

    • boost the local economy
    • create jobs
    • enhance Canberra’s reputation as a tourism destination.

    Applications for the Tourism Product Development Fund are now open.

    Find out more.

    New nightlife reforms

    Squeaky Clean is one of many Canberra businesses that will benefit from a range of reforms designed to boost the city’s nighttime economy.

    This includes the passage of the Liquor (Night-Time Economy) Amendment Bill 2024, providing eligible businesses with:

    • more flexibility around their trading hours
    • a reduction in annual liquor licencing fees for supporting live music and the arts
    • new provisions around celebrations of special events such as the Olympics and Floriade.

    The ACT Government has also introduced new fit-for-purpose Noise Standards in the City Centre Entertainment Precinct. The standards aim to:

    • boost the city’s entertainment and cultural scene
    • support local businesses
    • boost artistic growth
    • elevate the visitor experience
    • consider community wellbeing.

    In a further boost to musicians and the nighttime economy, free parking permits will be available for musicians to access loading zones for 30 minutes to unload their musical equipment. Musicians will be able to apply for a permit via the Access Canberra website.

    Read more like this:

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    MIL OSI News –

  • MIL-OSI Security: Justice Department Implements Critical National Security Program to Protect Americans’ Sensitive Data from Foreign Adversaries

    Source: United States Attorneys General 11

    Department Answers Frequently Asked Questions, Provides Guidance, and Issues Limited Enforcement Policy for First 90 Days

    Today, the Justice Department took significant steps to move forward with implementing a critical program to prevent China, Russia, Iran, and other foreign adversaries from using commercial activities to access and exploit U.S. government-related data and Americans’ sensitive personal data to commit espionage and economic espionage, conduct surveillance and counterintelligence activities, develop AI and military capabilities, and otherwise undermine our national security.

    The Data Security Program implemented by the National Security Division (NSD) under Executive Order 14117 addresses this “unusual and extraordinary threat…to the national security and foreign policy of the United States” that has been repeatedly recognized across political parties and by all three branches of government.

    The Justice Department’s continued prioritization of the Data Security Program delivers on promises made by President Trump in his America First Investment Policy and NSPM-2 on Imposing Maximum Pressure on Iran, addresses threats identified in the 2025 Annual Threat Assessment of the U.S. Intelligence Community and President Trump’s 2017 National Security Strategy, and responds to the national emergency President Trump declared in Executive Order 13873.

    “If you’re a foreign adversary, why would you go through the trouble of complicated cyber intrusions and theft to get Americans’ data when you can just buy it on the open market or force a company under your jurisdiction to give you access?” said Deputy Attorney General Todd Blanche. “The Data Security Program makes getting that data a lot harder.”

    To address this urgent threat, the Data Security Program establishes what are effectively export controls that prevent foreign adversaries, and those subject to their control, jurisdiction, ownership, and direction, from accessing U.S. government-related data and bulk genomic, geolocation, biometric, health, financial, and other sensitive personal data. To assist the public in coming into compliance with the Data Security Program, NSD has issued a Compliance Guide, an initial list of over 100 Frequently Asked Questions (FAQs), and an Implementation and Enforcement Policy for the first 90 days. NSD will be taking additional steps over the coming weeks and months to implement the Data Security Program, including publishing an initial Covered Persons List that identifies and designates persons subject to the control and direction of foreign adversaries. The Data Security Program went into effect on April 8, 2025.

    Newly Issued Guidance and FAQs

    The Data Security Program Compliance Guide identifies and describes best practices for complying with the Data Security Program, thereby mitigating the unacceptable national security risk of enabling countries of concern to access and exploit Americans’ sensitive personal data. The document provides guidance on key definitions, prohibited and restricted transactions, and the requirements for building a robust data compliance program. The Compliance Guide also provides model contractual language and suggests best practices for complying with the Data Security Program’s audit and recordkeeping requirements. It is crucial that U.S. persons familiarize themselves and become prepared to comply with the Data Security Program’s prohibitions and restrictions once they became effective on April 8, 2025.

    The Data Security Program FAQs address high-level clarifications about Executive Order 14117 and provides valuable information about the Data Security Program, its scope, and accompanying processes for requesting licenses and advisory opinions, making disclosures of Data Security Program violations, and reporting rejected prohibited transactions. The FAQs reflect some of the comprehensive feedback and common issues the Department received and addressed through the rulemaking process, both as public comments in response to the Advance Notice of Proposed Rulemaking and Notice of Proposed Rulemaking, as well as questions delivered during dozens of engagements with individuals, businesses, trade groups, and other stakeholders that were potentially interested in or impacted by the Data Security Program. NSD will update these FAQs as necessary and appropriate to address additional questions raised by the public.

    NSD’s primary mission with respect to the implementation and enforcement of the Data Security Program is to protect U.S. national security from countries of concern that may seek to collect and weaponize Americans’ most sensitive personal data and government-related data. U.S. persons should “know their data” and the front-line role they play in mitigating these risks. As further explained in the Compliance Guide, individuals and entities subject to U.S. jurisdiction, as well as foreign individuals and entities conducting business in or with the United States or with U.S. persons, must comply with the Data Security Program.

    The Compliance Guide and FAQs are explanatory and intended to provide general guidance to regulated parties about compliance with the Data Security Program. Nothing in these documents supplements, modifies, or supersedes the requirements set forth in the Data Security Program. NSD intends to update the FAQs on an ongoing basis as NSD identifies additional questions and responses that should be made public to aid the regulated community in compliance.

    Newly Issued Enforcement Policy for the First 90 Days

    The Data Security Program went into effect on April 8, 2025. Starting April 8, 2025, entities and individuals were required to comply with the Data Security Program’s prohibitions and restrictions on engaging in covered data transactions. To provide additional time for entities and individuals to come into compliance, the Data Security Program delays certain affirmative due-diligence obligations, which do not go into effect until Oct. 6, 2025.

    NSD recognizes that individuals and companies may need to take a number of steps to determine whether the Data Security Program’s prohibitions and restrictions apply to their activities, and to implement changes to their existing policies or to implement new policies and processes to comply.

    To allow the private sector to focus its resources and efforts on promptly coming into compliance and to allow NSD to prioritize its resources on facilitating compliance, NSD will target its enforcement efforts during the first 90 days to allow U.S. persons (e.g., individuals and companies) additional time to implement the changes required by the Data Security Program, provide additional opportunities for the public to engage with NSD, and to minimize potential disruptions for businesses. As explained in NSD’s Data Security Program Implementation and Enforcement Policy Through July 8, 2025, NSD will not prioritize civil enforcement actions against any person for violations of the Data Security Program that occur from April 8 through July 8, 2025, so long as the person is engaging in good faith efforts to comply with or come into compliance with the Data Security Program during that time. These efforts include engaging in compliance activities described in that policy, such as amending or renegotiating existing contracts, conducting internal reviews of data flows, deploying the CISA security requirements, and so on.

    At the end of this 90-day period, individuals, and entities should be in full compliance with the DSP. This policy does not limit NSD’s lawful authority and discretion to pursue civil enforcement if entities and individuals did not engage in good faith efforts to comply with, or come into compliance with, the Data Security Program.

    During this 90-day period, NSD encourages the public to contact NSD at nsd.firs.datasecurity@usdoj.gov with informal inquires or information about the DSP and the guidance NSD has released. Although NSD may not be able to respond to every inquiry, NSD will use its best efforts to respond consistent with available resources, and any inquiries or information submitted may be used to develop and refine future guidance. Correspondingly, NSD discourages the submission of any formal requests for specific licenses or advisory opinions during this 90-day period. Although requests for specific licenses or advisory opinions during this 90-day period can be submitted, NSD will not review or adjudicate those submissions during the 90-day period (absent an emergency or imminent threat to public safety or national security).

    MIL Security OSI –

  • MIL-OSI USA: Shaheen, Colleagues Introduce Legislation to Expand Child Care Relief to Families

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Washington, DC) — U.S. Senator Jeanne Shaheen (D-NH) introduced the Child and Dependent Care Tax Credit Enhancement Act, legislation to help more working families cover a greater share of the high cost of child care. Shaheen was joined by Senators Tina Smith (D-MN), Raphael Warnock (D-GA), Patty Murray (D-WA) and Ron Wyden (D-OR).

    “No matter where I go in New Hampshire, families tell me about how much they struggle to access affordable child care,” said Senator Shaheen. “The Child and Dependent Care Tax Credit is a proven and effective tool for bringing quality, affordable child care within reach for more families. Expanding this credit to keep up with the rising cost of child care is the right thing to do for workers, families and our nation’s economy.”

    The Child and Dependent Care Tax Credit Enhancement Act would permanently expand the Child and Dependent Care Tax Credit (CDCTC). This bill would help ease the burden of high child care costs on working families by increasing the maximum tax credit to $4,000 per child, allowing families to receive up to $8,000 in tax credits to offset up to $16,000 in expenses. It would also make the credit refundable to ensure low-income working families can benefit. The credit would also be indexed to inflation to retain its value over time.

    Senator Shaheen has been a leader in advocating for more affordable and accessible child care, including by delivering more than $77 million to New Hampshire through the American Rescue Plan and other COVID relief laws to the Granite State. In March, Shaheen introduced the Child Care Availability and Affordability Act and the Child Care Workforce Act—bipartisan, bicameral legislation that together form a bold proposal to make child care more affordable and accessible by strengthening existing tax credits to lower child care costs and increase the supply of child care providers. The bill includes language from Shaheen’s Right Start Child Care and Education Act legislation. In August, Shaheen visited Colebrook Community Child Care Center to discuss challenges and solutions to the child care crisis in rural communities, and in October Shaheen hosted Acting Secretary of Labor Julie Su for a discussion on child care and workforce challenges in Brentwood. 

    In addition to Senators Shaheen, Smith, Warnock, Murray and Wyden, the Child and Dependent Care Tax Credit Enhancement Act is cosponsored by Senators John Fetterman (D-PA), Brian Schatz (D-HI), Tammy Duckworth (D-IL), Mazie Hirono (D-HI), Chris Van Hollen (D-MD), Dick Durbin (D-IL), Amy Klobuchar (D-MN), Martin Heinrich (D-NM), Maria Cantwell (D-WA), Angus King (I-ME), Jeff Merkley (D-OR), Richard Blumenthal (D-CT), Cory Booker (D-NJ), Elissa Slotkin (D-MI), Jack Reed (D-RI), Michael Bennet (D-CO), Chris Murphy (D-CT), Peter Welch (D-VT), Ruben Gallego (D-AZ), Chuck Schumer (D-NY), Adam Schiff (D-CA), Tammy Baldwin (D-WI), Kirsten Gillibrand (D-NY) and Sheldon Whitehouse (D-RI).

    The bill is also endorsed by the National Women’s Law Center Action Fund, Child Care Aware of America, Save the Children, First Focus Campaign for Children, First Five Years Fund, Center for Law and Social Policy (CLASP), Moms Rising, National Association for the Education of Young Children (NAEYC), Zero to Three, Society for Human Resource Management (SHRM) and the Early Care and Education Consortium (ECEC).  

    Read more about the Child and Dependent Care Tax Credit Enhancement Act here.

    MIL OSI USA News –

  • MIL-OSI Africa: International Monetary Fund (IMF) Staff Completes 2025 Article IV Mission to Mauritius

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

    WASHINGTON D.C., United States of America, April 11, 2025/APO Group/ —

    • The Mauritian economy continues to exhibit resilience with growth at 4.7 percent in 2024 and contained inflation. The growth outlook remains favorable, though risks are to the downside.
    • Mauritius needs to recalibrate the macroeconomic policy mix to rebuild fiscal space. The monetary policy framework needs to be strengthened while continued monitoring of macro-financial risks is essential to maintain financial stability.
    • Advancing key reforms to foster external competitiveness and private sector-led growth while enhancing climate resilience will reduce external imbalances.

    An International Monetary Fund (IMF) mission led by Mariana Colacelli visited Mauritius from March 31 to April 11, 2025, to conduct the 2025 Article IV Consultation.

    At the conclusion of the visit, Ms. Colacelli issued the following statement:

    “Real GDP grew by a robust 4.7 percent in 2024, driven by services, construction, and tourism. The growth outlook is favorable, supported by the services sector. However, real GDP growth is projected to soften to 3.0 percent in 2025 due to weakening external demand, easing tourism activity, and the severe drought.

    “Headline inflation is projected to remain contained in 2025. Inflation eased in 2024 to 3.6 percent from 7.0 percent in 2023. Inflation was 2.5 percent in March, remaining within the Bank of Mauritius’ (BOM) target range of 2-5 percent, driven by declining international food and energy prices, and lower fuel excise duties.

    “The external current account deficit is estimated to have widened in 2024 while foreign reserves increased to US$ 8.4 billion at end-2024.

    “A deterioration in global growth and higher uncertainty in trade and financial markets could dampen growth. Delays in recalibrating the macroeconomic policy mix could lead to a disorderly adjustment. Extreme climate events could damage infrastructure and agriculture, weakening tourism and growth.

    “Policy discussions centered on recalibrating the macroeconomic policy mix to rebuild fiscal space, strengthening the monetary policy framework, and maintaining financial stability.

    “As in fiscal year 2023/24, the fiscal policy stance in fiscal year 2024/25 is expected to be expansionary—with the primary fiscal deficit projected to widen to 6.6 percent of GDP, excluding grants. Public debt is projected to reach almost 90 percent of GDP at end-June 2025. Implementing an ambitious medium-term growth-friendly fiscal consolidation plan, starting in fiscal year 2025/26, is critical to help rebuild fiscal space and support fiscal sustainability. Boosting tax revenue and reducing current spending while protecting the most vulnerable, and strengthening fiscal governance, are needed.

    “Since 2023, the monetary policy stance has become less accommodative, and inflation has decreased to BOM’s target range. The BOM should remain ready to further tighten the monetary policy stance should inflationary pressures revive. The implementation of the monetary policy framework should be strengthened, and BOM independence must be safeguarded. Conserving foreign reserves will enhance the resilience of the economy in the face of external shocks. We support the authorities’ plans to gradually phase out the BOM’s ownership of the Mauritius Investment Corporation.

    “Continued monitoring of macro-financial risks, including those associated with global business companies operating in the Mauritius International Financial Center and the real estate sector, will maintain financial stability.

    “Advancing structural reforms to foster external competitiveness and private sector-led growth while enhancing climate resilience will reduce external imbalances. Key reforms would improve governance, sustain compliance with Anti Money Laundering/Combating the Financing of Terrorism (AML/CFT) standards, boost private sector competitiveness, and enhance labor supply and skills.

    “The IMF team extends its thanks to the Mauritian authorities and people for the constructive and open dialogue and warm hospitality.”

    MIL OSI Africa –

  • MIL-OSI Economics: Coming Soon: World Economic Outlook, April 2025

    Source: International Monetary Fund

    COMING SOON

    Launch of the April 2025 World Economic Outlook

    The World Economic Outlook (WEO) is a survey of prospects and policies by the IMF staff, usually published twice a year, with updates in between. It presents analyses and projections of the world economy in the near and medium term, which are integral elements of the IMF’s surveillance of economic developments and policies in its member countries and of the global economic system.

    RELEASE DATES
    • TUESDAY, APRIL 15, 6 AM ET: Chapter 3: Journeys and Junctions: Spillovers from Migration and Refugee Policies
    • WEDNESDAY, APRIL 16, 6 AM ET: Chapter 2: The Rise of the Silver Economy: Global Implications of Population Aging
    • TUESDAY, APRIL 22, 9 AM ET: Press Briefing: World Economic Outlook, April 2025

      • Speakers:

      • Pierre-Olivier Gourinchas, Chief Economist and Director, Research Department, IMF
      • Petya Koeva-Brooks, Deputy Director, Research Department, IMF
      • Deniz Igan, Division Chief, Research Department, IMF
      • Moderator: José Luis de Haro, Communications Officer, IMF

    MIL OSI Economics –

  • MIL-OSI: XRP News: XploraDEX AI Trading Platform Nears Launch – $XPL Presale Heats Up as Investors Race to Get In Early

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, April 11, 2025 (GLOBE NEWSWIRE) — A trading revolution is brewing on the XRP Ledger, and early investors are already making their moves. XploraDEX, the first AI-powered decentralized exchange built natively on XRPL, is nearing its highly anticipated platform launch—and its presale is quickly becoming one of the hottest opportunities of the year.

    The native token $XPL is the key to accessing XploraDEX’s cutting-edge AI trading features, and with the presale already surpassing its soft cap, interest is accelerating by the hour. Crypto investors, whale wallets, and forward-looking DeFi users are flooding in—knowing that once the platform goes live, the entry price will never be this low again.

    [Join $XPL Presale]

    Why All Eyes Are on XploraDEX

    Unlike traditional DEXs, XploraDEX is powered by artificial intelligence built to support smarter, more profitable trading. The platform will offer predictive market analytics, automated trading strategies, intelligent portfolio rebalancing, and on-chain AI alerts that guide users through volatile market conditions—all while operating on the ultra-fast and low-cost XRP Ledger.

    Traders will be able to:

    • Execute AI-assisted buy/sell decisions in real-time
    • Receive adaptive market forecasts and volatility signals
    • Automate strategies based on risk tolerance and trade history
    • Access personalized dashboards that evolve with market behavior

    XploraDex is not just a DEX. It’s an intelligent trading assistant, engineered to remove emotional trading and improve results with data-driven execution.

    $XPL Token: Your Gateway to Smarter DeFi

    The $XPL token powers the entire ecosystem. It unlocks:

    • Premium access to AI trading tools
    • Trading fee discounts and staking rewards
    • Early access to future platform features
    • Governance rights to vote on upgrades and AI model evolution

    With over 43% of the presale allocation already claimed and the hard cap closing in, $XPL is quickly transforming from an early-stage token to one of the most talked-about opportunities in the XRP DeFi space.

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    What’s Coming Next

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    Contact:
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    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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.

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/79ae359d-d4e1-472b-b4d9-64f570b57b7e

    The MIL Network –

  • MIL-OSI: Alpine Banks of Colorado announces shareholder approval of forward stock split of Class A common stock and amended and restated Articles of Incorporation

    Source: GlobeNewswire (MIL-OSI)

    GLENWOOD SPRINGS, Colo., April 11, 2025 (GLOBE NEWSWIRE) — Alpine Banks of Colorado (OTCQX: ALPIB) (“Alpine” or the “Company”), the holding company for Alpine Bank (the “Bank”), announced yesterday its shareholders voted to approve amended and restated Articles of Incorporation to affect the following actions, among other things:

    • Increase the total authorized shares of common stock that the Company is authorized to issue from 15,100,000 to 30,000,000.
    • Increase the authorized shares of the Class A common stock from 100,000 to 15,000,000.
    • Effect a forward stock split of the outstanding shares of the Class A common stock by a ratio of 150-for-1.
    • Provide that holders of Class A common stock and Class B common stock shall be entitled to share equally in dividends and other distributions on a per share basis based upon the number of shares issued and outstanding.
    • Provide that each one share of Class B common stock shall be entitled to one vote.
    • Provide that each one share of Class A common stock shall be entitled to 20 votes.
    • Provide that unless otherwise required by law, the Class A common stock and Class B common stock will vote together as a single class on all matters, including the election of directors.
    • Provide that a majority of the total voting power of the outstanding shares of common stock entitled to vote shall constitute a quorum at any meeting of shareholders.
    • Provide that the approval of certain corporate actions requires the approval of more than 66 2/3% of the voting power of the outstanding shares of common stock entitled to vote.

    The amended and restated Articles of Incorporation and the related stock split of the Class A common stock will become effective upon the effective date specified in the filing with the Colorado Secretary of State which Alpine anticipates will occur on May 1, 2025.

    The 150-for-1 stock split of Alpine’s Class A common stock will be executed in the form of a stock dividend of 149 additional shares of Class A shares for every one Class A share issued and outstanding to shareholders as of the close of business on the record date of April 22, 2025. After the close of business on May 1, 2025, Alpine’s transfer agent, Equiniti Trust Company, LLC, will distribute to shareholders of record on the record date a book entry statement in lieu of a share certificate, which will represent the additional number of Class A shares to be received as a result of the stock split. Holders of Class A shares do not need to exchange their existing stock certificates if they hold shares in certificate form.

    Alpine currently has approximately 52,150 Class A shares outstanding. After the stock split, the number of Class A shares outstanding will increase to approximately 7,822,500 shares. Alpine’s Class B common stock will not be affected by the stock split but will be affected by the amended and restated Articles of Incorporation as described above.

    Answers to frequently asked questions about the stock split are available in the Investor Relations section of our website at https://www.alpinebank.com/who-we-are/investor-relations.html.

    About Alpine Banks of Colorado
    Alpine Banks of Colorado, through its wholly owned subsidiary Alpine Bank, is a $6.5 billion, independent, employee-owned organization founded in 1973 with headquarters in Glenwood Springs, Colorado. Alpine Bank employs 890 people and serves 170,000 customers with personal, business, wealth management*, mortgage, and electronic banking services across Colorado’s Western Slope, mountains, and Front Range. Alpine Bank has a five-star rating – meaning it has earned a superior performance classification – from BauerFinancial, an independent organization that analyzes and rates the performance of financial institutions in the United States. Shares of the Class B nonvoting common stock of Alpine Banks of Colorado trade under the symbol “ALPIB” on the OTCQX® Best Market. Learn more at www.alpinebank.com.

    *Alpine Bank Wealth Management services are not FDIC insured, may lose value, and are not guaranteed by the Bank.

    Contacts:   Glen Jammaron   Eric A. Gardey
        President and Vice Chairman   Chief Financial Officer
        Alpine Banks of Colorado   Alpine Banks of Colorado
        2200 Grand Avenue    2200 Grand Avenue
        Glenwood Springs, CO 81601   Glenwood Springs, CO 81601
        (970) 384-3266    (970) 384-3257
             

    A note about forward-looking statements
    This press release contains “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as “anticipates,” “intends,” “plans,” “seeks,” “reflects,” “believes,” “can,” “would,” “should,” “will,” “estimates,” “looks forward to,” “continues,” “expects” and similar references to future periods. Examples of forward-looking statements include, but are not limited to, statements we make regarding our evaluation of macro-environment risks, Federal Reserve rate management, and trends reflecting things such as regulatory capital standards and adequacy. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. Our actual results may differ materially from those contemplated by the forward-looking statements. We caution you therefore against relying on any of these forward- looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance. Important factors that could cause actual results to differ materially from those in the forward-looking statement include, but are not limited to:

    • The ability to attract new deposits and loans;
    • Demand for financial services in our market areas;
    • Competitive market-pricing factors;
    • Changes in assumptions underlying the establishment of allowances for loan losses and other estimates;
    • Effects of future economic, business and market conditions, including higher inflation;
    • Adverse effects of public health events, such as the COVID-19 pandemic, including governmental and societal responses;
    • Deterioration in economic conditions that could result in increased loan losses;
    • Actions by competitors and other market participants that could have an adverse impact on expected performance;
    • Risks associated with concentrations in real estate-related loans;
    • Risks inherent in making loans, such as repayment risks and fluctuating collateral values;
    • Market interest rate volatility, including changes to the federal funds rate;
    • Stability of funding sources and continued availability of borrowings;
    • Geopolitical events, including acts of war, international hostilities and terrorist activities;
    • Assumptions and estimates used in applying critical accounting policies and modeling, including under the CECL model, which may prove unreliable, inaccurate, or not predictive of actual results;
    • Actions of government regulators, including potential future changes in the target range for the federal funds rate by the Board of Governors of the Federal Reserve;
    • Sale of investment securities in a loss position before their value recovers, including as a result of asset liability management strategies or in response to liquidity needs;
    • Any increases in FDIC assessments;
    • Risks associated with potential cybersecurity incidents, data breaches or failures of key information technology systems;
    • The ability to maintain adequate liquidity and regulatory capital, and comply with evolving federal and state banking regulations;
    • Changes in legal or regulatory requirements or the results of regulatory examinations that could restrict growth;
    • The ability to recruit and retain key management and staff;
    • The ability to raise capital or incur debt on reasonable terms; and
    • Effectiveness of legislation and regulatory efforts to help the U.S. and global financial markets.

    There are many factors that could cause actual results to differ materially from those contemplated by forward-looking statements. Any forward-looking statement made by us in this press release or in any subsequent written or oral statements attributable to the Company are expressly qualified in their entirety by the cautionary statements above. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact:   Eric Gardey, Chief Financial Officer
        Alpine Banks of Colorado
        (970) 384-3257
        ericgardey@alpinebank.com 

    The MIL Network –

  • MIL-OSI USA: ICYMI: At Hearing, Warren Presses Treasury Tax Policy Nominee on Commitment to Address Conflicts of Interests

    US Senate News:

    Source: United States Senator for Massachusetts – Elizabeth Warren
    April 11, 2025
    Kies refused to recuse himself from potential conflicts of interest throughout his time in office 
    Warren: “If confirmed as the top tax official at the Treasury Department, you will play a big role in handing out more tax cuts, including tax cuts to your former clients.”
    Video of Exchange (YouTube)
    Washington, D.C. – At a hearing of the Senate Finance Committee, U.S. Senator Elizabeth Warren (D-Mass.) pressed Mr. Kenneth Kies, nominee for Assistant Secretary for Tax Policy at the Department of the Treasury, on his background as a tax lobbyist for large corporations and pushed him to commit to recusing himself from any matters that would impact the financial interests of his former clients while he is in office. 
    As Treasury’s top tax official, Kies would be responsible for developing and implementing tax policy and programs, negotiating tax treaties, and providing analysis for domestic and international tax policy decisions. However, as Senator Warren highlighted during the hearing, Kies’ former clients stand to gain billions under the upcoming Republican tax bill. If confirmed, Kies’ office at the Treasury Department would oversee the implementation of these tax laws and could potentially include tax loopholes that benefit these large corporations he once lobbied for. 
    So far, Kies has only committed to not working on matters that involve his former clients for one year. When asked if he would commit to recusing himself from matters that would affect the financial interests of his former clients for the duration of his employment, Kies refused to provide a straight answer. 
    This week, Senator Warren sent a letter to Kies urging him to mitigate the glaring conflicts of interest created by his background as a tax lobbyist for large corporations and his extensive investments in corporations that lobby the Treasury on tax policy.
    “Donald Trump cares about one group of people and one group of people only: himself and his billionaire friends, so it’s no surprise that he has nominated a highly paid corporate tax lobbyist to run tax policy for the American people,” said the senator. “We need a government that works for working people, not just massive corporations, their CEOs, and their lobbyists, and that’s what’s going to happen under Mr. Kies’ watch.”
    Transcript: Hearing to examine the nominations of William Kimmitt, of Virginia, to be Under Secretary of Commerce for International Trade, and Kenneth Kies, of Virginia, to be an Assistant Secretary of the Treasury.Senate Finance CommitteeApril 10, 2025
    Senator Elizabeth Warren: Thank you, Mr. Chairman. In 2017, Donald Trump gave $2 trillion in tax cuts, mostly to billionaires and billionaire corporations, and now he’s back for round two, this time a whopping $7 trillion in tax breaks for his rich donors. 
    Now, Mr. Kies, you’ve been a corporate lobbyist for nearly 30 years, successfully arranging tax breaks for Wall Street, Big Tech, Big Oil, and Big Pharma—you’ve helped them all. And if confirmed as the top tax official at the Treasury Department, you will play a big role in handing out more tax cuts, including tax cuts to your former clients. So, I just want to run through how this would work. Mr. Kies, you’ve lobbied for Microsoft for years. Microsoft and other big tech companies are now demanding tax breaks to incentivize research that they would do anyway, but the real kicker is they want those tax breaks, called R&D expensing, to be retroactive, incentivizing them to make research decisions they made years ago. And Republicans have said, ‘Sure, why not.’ 
    Mr. Kies, do you know how much your client, Microsoft, stands to gain from just this one tax break? 
    Mr. Kenneth Kies: No, Senator Warren. 
    Senator Warren: Well, if the Trump administration delivers what tech lobbyists are clamoring for, Microsoft would get $11 billion to incentivize investments it made years ago. That’s from Microsoft’s own annual reports. By the way, that is nearly as much as the federal government spends an entire year on child care for all of our babies. One company, your client, $11 billion. So, let’s try another one, Mr. Kies. 
    You’ve also lobbied on behalf of Pfizer, one of the biggest drug companies out there. President Trump has proposed slashing the tax rate for corporations even further, from 21% to 15% Mr. Kies, do you know how much your client Pfizer stands to gain from cutting the corporate tax rate to 15%?
    Mr. Kies: Okay, Senator Warren, Pfizer is not my client. I closed my business on March 14. None of those companies are my clients. My client—
    Senator Warren: I’m sorry, your former client. 
    Mr. Kies: Okay, former client. 
    Senator Warren: Pfizer, the one you lobbied for. 
    Mr. Kies: And Pfizer was a client over 10 years ago. 
    Senator Warren: Do you know how much they stand to make? 
    Mr. Kies: No. 
    Senator Warren: $4 billion from the Trump corporate tax cut. But there is more. The Republicans in Congress will set out the general rules for this tax giveaway, but your office at the Treasury Department will write the rules to implement those laws. When that happens, lobbyists will line up around the block to ask you for even more tax loopholes, which you know about firsthand, because you did exactly that after the first Trump tax giveaway. Now, you’ve committed not to work on matters involving your clients, or your former clients, for only one year. That means on day 366, while you are still in your job, you can go right back to handing out loopholes that could boost the bottom lines of Microsoft or Pfizer or any other of your former and future clients. 
    Mr. Kies, the American people would like to know that when you draw a government paycheck, you will be working just for them, not for your past and future clients. So, will you commit to recusing yourself from matters that would affect the financial interests of your former clients for the entire time that you are in office?
    Mr. Kies: So, Senator Warren, you and I had a very polite discussion about this when we met, and I advised you at that time, which is what I will tell you in public. I will comply with the terms of the ethics letter, which was written by career experts on ethics. And I would also reference you to the Bloomberg article, today, in which Scott Amey, the general counsel of the Project on Government Oversight, said the following: This is someone, me, who is taking government ethics very seriously— 
    Senator Warren: Very seriously—
    Mr. Kies: And was making attempts—
    Senator Warren: I appreciate that, but I’m running out of time here. 
    Mr. Kies: Well, I would encourage you to read the article.
    Senator Warren: I will take this as a no, and the fact that you say it’s okay with the Trump administration that on day 366, you will be handing out tax loopholes to clients that you took in millions of dollars from. And that you’ve made no pledge not to go back and make them your clients again in the future. That may be okay with the Trump administration. I don’t think it’s okay with the American people. 
    Donald Trump cares about one group of people and one group of people only: himself and his billionaire friends, so it’s no surprise that he has nominated a highly paid corporate tax lobbyist to run tax policy for the American people. We need a government that works for working people, not just massive corporations, their CEOs, and their lobbyists, and that’s what’s going to happen under Mr. Kies’ watch. 

    MIL OSI USA News –

  • MIL-OSI USA: Wyden, Warren, Schumer, Senate Colleagues Call on SEC to Launch Investigation into Possible Trump Tariff Market Manipulation, Insider Trading

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)
    April 11, 2025
    Senators: “It is unconscionable that as American families are concerned about their financial security during this economic crisis entirely manufactured by the President, insiders may have actively profited from the market volatility and potentially perpetrated financial fraud on the American public.”
    Washington, D.C. – U.S. Senator Ron Wyden (D-Ore.) today joined with five colleagues to urge the Securities and Exchange Commission (SEC) to investigate whether Donald Trump, any members of his cabinet, or other donors, insiders, or Administration officials engaged in insider trading, market manipulation, or other securities laws violations. 
    “We urge the SEC to investigate whether the tariff announcements, which caused the market crash and subsequent partial recovery, enriched administration insiders and friends at the expense of the American public and whether any insiders, including the President’s family, had prior knowledge of the tariff pause that they abused to make stock trades ahead of the President’s announcement,” the senators wrote in their letter to SEC Chair Paul Atkins. “Before pausing the tariffs that threw markets into disarray, President Trump appears to have previewed his plans to do so on Truth Social: at 9:37 am, he announced, “THIS IS A GREAT TIME TO BUY!!! DJT.” His official announcement of the tariff pause came roughly 4 hours later at 1:18 pm.”
    Others signing the letter besides Wyden, Ranking Member of the Senate Finance Committee, were Minority Leader Senator Chuck Schumer (D-NY) and U.S. Senators Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee; Mark Kelly (D-Ariz.), Ruben Gallego (D-Ariz.), and Adam Schiff (D-CA).
    The senators also asked how Trump Administration cuts to the SEC might affect the agency’s ability to respond to large-scale market events and pursue enforcement actions. They requested answers to their questions by April 25, 2025.
    The entire letter is here.

    MIL OSI USA News –

  • MIL-OSI USA: Klobuchar to Visit 19 Counties on Rural Economy Tour

    US Senate News:

    Source: United States Senator for Minnesota Amy Klobuchar
    Stops in Northwest, Central, and Southern Minnesota will focus on healthcare, small businesses, and tariffs
    MINNESOTA – This week Senator Amy Klobuchar will start a 19 county rural economy tour where she will meet with farmers, veterans, small business owners, and Minnesotans across the state. Today, she will be in Clay, Wilkin, Otter Tail, and Grant Counties.
    “This week I will visit farms, small businesses, and health care centers throughout rural Minnesota. I want to hear directly from Minnesotans about their challenges, particularly when it comes to health care access, household costs and the impact of the proposed tariffs on the rural economy. Our rural areas are critical to Minnesota’s strength.” 
    Every year Klobuchar visits all 87 Minnesota counties.

    MIL OSI USA News –

  • MIL-OSI USA: Durbin, Duckworth Join Introduction Of Legislation To Increase Value Of Tax Credits That Help Working Class Americans

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    April 10, 2025
    The American Family Act and the Tax Cut for Workers Act would expand the Child Tax Credit and the Earned Income Tax Credit to give Americans much-needed financial relief
    WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL) and U.S. Senator Tammy Duckworth (D-IL) joined their Senate colleagues to introduce two bills, the American Family Act and the Tax Cut for Workers Act, aimed at expanding tax credits for American families. 
    “As costs have risen, wages haven’t kept up. And now Republicans want to give tax cuts to billionaires. What we need to do instead is give workers and families more tools to help make ends meet,” said Durbin. “The American Family Act and the Tax Cut for Workers Act would put money back into the pockets of hardworking Americans so they can afford to put food on the table, keep their lights on, and access high-quality child care.”
    “When Democrats expanded the Child Tax Credit in the American Rescue Plan, we lifted millions of children out of poverty with the stroke of a pen, bringing child poverty rates to the lowest recorded levels in our history,” Duckworth said. “As costs continue to rise, middle-class families are the ones that need relief, not billionaires like Elon Musk and the corporations shipping jobs overseas. I’m proud to join my colleagues in this push to put money back in the pockets of Americans.”
    The American Family Act, led by U.S. Senator Michael Bennet (D-CO) and cosponsored by Durbin and Duckworth, would permanently expand the Child Tax Credit (CTC) for middle-class and low-income families, one of the most effective tools to reduce poverty and put money back in the pockets of working families.  The 2021 expansion of the CTC in the American Rescue Plan Act, based on the American Family Act, led to a historic reduction in poverty in the United States, particularly for children. Research showed that child poverty fell immediately and substantially to 5.2 percent, its lowest level on record.
    Specifically, the American Family Act would:
    Increase the value of the CTC from the current level of $2,000 per child to $6,360 for newborns, $4,320 for children ages one through six, and $3,600 for children age six through 17;
    End the longstanding, discriminatory policy that reduces the value of the CTC for low-income families, ensuring that the families of 17 million low-income children left out of the CTC under current law will receive the same credit as families in the middle class;
    Provide for monthly delivery of the credit so families have access to the credit as bills arrive; and
    Index the CTC for inflation to preserve the value of the credit moving forward.
    The Tax Cut for Workers Act, led by U.S. Senator Catherine Cortez Masto (D-NV) and cosponsored by Durbin and Duckworth, would cut taxes for working class American without children, who currently receive a much smaller Earned Income Tax Credit (EITC) than workers with children.  The bill would also extend eligibility for the tax cut to workers under the age of 25 and over the age of 64.
    The text of the American Family Act is available HERE and a summary of the bill is available HERE.
    The text of the Tax Cut for Workers Act is available HERE.
    -30-

    MIL OSI USA News –

  • MIL-OSI Security: Guatemalan National Pleads Guilty To The Unlawful Transportation Of Aliens And Illegal Reentry Into The United States

    Source: Office of United States Attorneys

    Jacksonville, Florida – United States Attorney Gregory W. Kehoe announces that Timoteo Son-Gonzalez (40), a Guatemalan national, has pleaded guilty to unlawful transportation of an illegal alien for the purpose of financial gain and illegal reentry by a previously deported alien. Son-Gonzalez faces a maximum penalty of 12 years in federal prison. A sentencing date has not yet been set.

    According to court documents, in February 2025, agents from the U.S. Border Patrol stopped a car driven by Son-Gonzalez. The car contained six passengers, all of whom were illegal aliens. After interviewing the passengers, agents determined that Son-Gonzalez was transporting illegal aliens for financial gain. Son-Gonzalez was also found to be unlawfully present in the United States, after having been removed in June 2024. 

    This case was investigated by the U.S. Customs and Border Protection, U.S. Border Patrol. It is being prosecuted by Assistant United States Attorney Kelli Swaney.

    This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    MIL Security OSI –

  • MIL-OSI USA: Kaptur, Murray Ask GAO to Look into Whether New DOE Order Will Risk More Cost Overruns, Project Delays and Failures at National Lab

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Toledo, Ohio — Today, Congresswoman Marcy Kaptur (OH-09), Ranking Member of the House Appropriations Subcommittee on Energy and Water Development, and Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee and Ranking Member of the Subcommittee on Energy and Water Development, sent a letter to the Government Accountability Office (GAO) requesting it review whether a recent order issued by Department of Energy (DOE) Secretary Chris Wright that seeks to accelerate project execution might actually lead to more cost overruns, project delays and failures, and waste, fraud, and abuse at America’s national labs.

    “We write to you today to raise concerns regarding the Department of Energy’s recent Secretarial Order titled ‘Strengthening National Laboratory Efficiency and Mission Execution,’ announced by Secretary Wright on March 27, 2025. The stated purpose of the Secretarial Order is to remove ‘red tape’ and accelerate mission execution. While the objective of enhancing efficiency is a laudable one,” Kaptur and Murray write, “the approach outlined in this order, curtailing oversight and regulatory processes, presents significant risks that warrant thorough evaluation.”

    “Specifically, we are concerned that reducing oversight, rather than strengthening it, could lead to greater cost overruns and project delays, ultimately undermining the very mission objectives that this order intends to support,” they add.

    Kaptur and Murray note that DOE oversees a wide range of sensitive, complex programs that require robust oversight to protect taxpayer dollars and prevent waste, delays, and hazards: “The Department is responsible for an extensive range of activities, including managing nuclear facilities, clean energy initiatives, and critical infrastructure. Each of these areas requires detailed oversight, rigorous financial controls, and transparent decision-making processes to ensure that taxpayer dollars are spent effectively. Reducing these safeguards in the name of efficiency could expose these programs to a higher risk of financial mismanagement and project failure, as we have seen with past projects where inadequate supervision led to significant delays and budget overruns.”

    Kaptur and Murray conclude by requesting GAO review the implications of Secretary Wright’s order: “Given these concerns, we respectfully request the GAO to review the potential implications of this Secretarial Order on the Department of Energy’s major programs and projects. Specifically, we ask that your office evaluate whether the removal of key oversight measures could increase the likelihood of cost overruns that cost Americans taxpayers and whether these changes provide sufficient safeguards to prevent waste, fraud, and abuse and protect taxpayer interests.”

    The full letter is available by clicking here and reading below:

    April 11, 2025

    The Honorable Gene L. Dodaro
    Comptroller General of the United States
    Government Accountability Office
    441 G Street NW
    Washington, DC 20548

    Dear Mr. Dodaro,

    We write to you today to raise concerns regarding the Department of Energy’s recent Secretarial Order titled “Strengthening National Laboratory Efficiency and Mission Execution,” announced by Secretary Wright on March 27, 2025.  The stated purpose of the Secretarial Order is to remove “red tape” and accelerate mission execution.  While the objective of enhancing efficiency is a laudable one, the approach outlined in this order, curtailing oversight and regulatory processes, presents significant risks that warrant thorough evaluation. Specifically, we are concerned that reducing oversight, rather than strengthening it, could lead to greater cost overruns and project delays, ultimately undermining the very mission objectives that this order intends to support.

    This new policy seeks to expedite the Department’s ability to carry out its projects and initiatives by scaling back existing government controls, particularly those related to procurement, contracting, and oversight. While streamlining processes can indeed be beneficial in certain contexts, the absence of proper federal oversight mechanisms often leads to unintended consequences—cost overruns, inefficiencies, and failures to meet project timelines. The Government Accountability Office (GAO) has consistently highlighted the importance of strong project management and oversight in federal projects, particularly in areas as complex and high-stakes as those under the purview of the Department.

    The Department is responsible for an extensive range of activities, including managing nuclear facilities, clean energy initiatives, and critical infrastructure. Each of these areas requires detailed oversight, rigorous financial controls, and transparent decision-making processes to ensure that taxpayer dollars are spent effectively. Reducing these safeguards in the name of efficiency could expose these programs to a higher risk of financial mismanagement and project failure, as we have seen with past projects where inadequate supervision led to significant delays and budget overruns.

    GAO’s body of work underscores the importance of maintaining a balance between the need for speed and the need for accountability. And the Department’s own tracking confirms the risk. For example, 53 percent – representing over $24 Billion – of the Department’s total project portfolio is currently at risk or expected to breach its performance baseline. Without sufficient oversight, there is a higher likelihood that projects will not meet their cost estimates or will fail to be completed within the allocated timelines. These issues can be especially pronounced in large-scale, long-term projects, where the absence of regular evaluations and assessments creates opportunities for waste, fraud, and abuse.

    Furthermore, an “accelerated mission execution” culture risks prioritizing expediency over quality, safety, and long-term sustainability. For instance, the rush to move projects forward without adequate risk assessments or regulatory reviews could expose the Department to safety hazards, environmental risks, and long-term maintenance burdens that are costly to correct down the line. This risk is heightened given the high-hazard activities of the National Nuclear Security Administration, which involve nuclear weapons and radiation safety, and the Office of Environmental Management, which include addressing the cleanup and safe disposal of radioactive waste.

    Given these concerns, we respectfully request the GAO to review the potential implications of this Secretarial Order on the Department of Energy’s major programs and projects. Specifically, we ask that your office evaluate whether the removal of key oversight measures could increase the likelihood of cost overruns that cost Americans taxpayers and whether these changes provide sufficient safeguards to prevent waste, fraud, and abuse and protect taxpayer interests.

    We look forward to your insights on this matter and any recommendations your office might provide to mitigate these risks.

    Sincerely,

    # # #

    MIL OSI USA News –

  • MIL-OSI Canada: Revitalizing on-campus student life at SAIT

    [. That is why, through Budget 2025, Alberta’s government is investing $30 million for the redevelopment of the Taylor Family Campus Centre at the Southern Alberta Institute of Technology (SAIT).

    Once complete, the centre will provide students with more athletics and recreation, health and wellness, and community facilities. The centre will also benefit academic programs, including helping to provide more work-integrated learning opportunities for students.

    For instance, the centre will allow first year students to observe medical procedures in a clinical setting, enabling faster integration of their knowledge with real world application. It will also provide opportunities for students to develop skills with real patients, which will help improve the transition from the classroom to the working world. This observational experience will benefit more than 900 students each year, which will lead to increases in graduate numbers for health programs, and graduates with hands-on experience.

    “By investing in post-secondary capital funding and infrastructure, we are meeting the needs of a growing province and economy. This redevelopment project aligns with our commitment to improve education infrastructure and provide students with the tools and spaces they need to succeed. This is a great example of how we can work together to create modern, sustainable and inclusive learning environments that support the growth of Alberta’s workforce, encourage innovation and provide students with the best opportunities to thrive.”

    Rajan Sawhney, Minister of Advanced Education

    SAIT’s student population has doubled since the Taylor Family Campus Centre was first constructed in 1981. The redevelopment of the centre will help ensure SAIT is equipped to meet the needs of a larger, growing community while fostering educational growth and professional development in Calgary and across Alberta.

    “Through this contribution, the Government of Alberta is supporting the essential infrastructure needed to deliver integrated health-care education through innovative, hands-on learning experiences at the Taylor Family Campus Centre. Among the many services that will be available for the SAIT community, plans for the Taylor Family Campus Centre include an on-site health clinic that will offer pharmacy services and comprehensive health, dental and vision care. This cutting-edge space will serve as a critical training ground for health and public safety students.”

    Dr David Ross, president and CEO, SAIT

    Budget 2025 is meeting the challenge faced by Alberta with continued investments in education and health, lower taxes for families and a focus on the economy.

    Quick facts

    • SAIT is undertaking a multi-year capital project to reimagine a new centre of student life on campus.
    • The initial scope of the five-year project includes the construction of renewed facilities dedicated to promoting health and supporting student learning, community, and wellness on campus.
    • SAIT’s new Taylor Family Campus Centre will open in late 2027.
    • A $30 million donation from the Taylor Family Foundation will also support the construction of SAIT’s new Taylor Family Campus Centre.

    Mulitimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI USA: Kelly, Doggett, Davis, Feenstra Introduce Bipartisan Bill to Improve Financial Assistance for College

    Source: United States House of Representatives – Representative Mike Kelly (R-PA)

    WASHINGTON, D.C. – Today, U.S. Representatives Mike Kelly (R-PA), Chairman of the House Ways and Means Subcommittee on Tax. Lloyd Doggett (D-TX), senior member of the House Ways and Means Committee, Danny K. Davis (D-IL), Ranking Member of the House Ways and Means Subcommittee on Worker and Family Support, and Randy Feenstra (R-IA) introduced the bipartisan Tax-Free Pell Grants Act to remove a financial and logistical barrier impairing students from securing higher education opportunities. 

    Specifically, the legislation expands the usage of Pell Grants on a tax-free basis, improves coordination with the American Opportunity Tax Credit (AOTC), and ensures students do not lose out on any AOTC benefits. An incredibly timely solution as ongoing cuts to postsecondary institutions and research labs across the country result in lost revenue and financial gaps in operating costs, potentially leading to increases in tuition and fees for students and their families.

    “Pell Grants are an important way for more lower-income Americans to get an education and work toward a successful career,” said Rep. Kelly. “More than 216,000 Pennsylvania students benefitted from Pell Grants last year. I’m again proud to join Congressman Doggett on this bipartisan legislation that will expand what these grants can be used for – including child care and computers — so many more Americans, particularly single mothers, have the ability to access higher education to achieve long-term financial stability for themselves and their families.”

    “Everyone deserves a chance at success, and we should be simplifying our tax code to unlock more support for students interested in going to college but who may need a little financial help to get there,” said Rep. Doggett. “This legislation would also expand eligible expenses under the existing tax credit to include computers and childcare, which for many is essential to achieving their dreams and growing our economy.”

    “Education is fundamental to our democracy,” said Rep. Davis. “I am proud to join Representatives Doggett, Kelly, and Feenstra in leading this bill that helps low-income students get the most from the American Opportunity Tax Credit. In my District, relatively few taxpayers use the AOTC because many attend community colleges and can’t claim their childcare and computer costs. Ensuring that students can fully benefit from the AOTC credit without worry about being taxed on the Pell grant helps educate our citizenry and strengthen them economically.”

    “I have long supported Pell Grants because they offer academic opportunities to our students and ensure that Iowans who might otherwise skip higher education because of the cost can pursue advanced studies. These grants are an important investment in the next generation of leaders, farmers, innovators, and entrepreneurs who will support our communities and power our economy forward,” said Rep. Feenstra. “However, current law still requires some students to pay taxes on their Pell Grants, reducing the financial support that these grants are intended to provide. That’s why I’m glad to help introduce legislation to make Pell Grants completely tax-free so that our kids can focus on their studies without worrying about the cost.”

    “The Tax-Free Pell Grant Act is a commonsense, bipartisan solution that ensures students—especially those at community colleges—can fully benefit from the financial aid they’ve earned without facing burdensome tax rules,” said Megan Coval, President of Butler County Community College (BC3). “As a proud member of the Pennsylvania Commission for Community Colleges, Butler County Community College joins our colleagues across the commonwealth in supporting this important legislation. By making Pell Grants fully tax-free and aligning them with the American Opportunity Tax Credit, the bill removes barriers that disproportionately impact low-income students and those attending lower-cost institutions, like BC3. We applaud Congressman Kelly and Congressman Doggett for their leadership and strongly support this effort to expand opportunity, reduce financial uncertainty, and empower community college students in Butler County and across the nation.”

    BACKGROUND

    While Pell Grant awards used to pay for tuition and fees are already treated as tax-free income, any portion of a Pell Grant used for other education-related items like living expenses is taxed. Currently, using Pell Grants to cover tuition reduces potential AOTC eligibility and creates complications for students in maximizing their educational benefits. As a result, many students simply forgo the AOTC, leaving an estimated hundreds of millions of dollars unclaimed each year. By increasing compatibility with the AOTC, we can ensure that Pell Grants are not treated as taxable income, even if they are used for non-tuition education expenses.

    The AOTC covers up to $2,500 in annual college tuition, fees, and other education-related expenses — 40% of the credit, up to $1,000, is refundable. With more than 3 million undergraduate students in the United States being parents—nearly one in five college students—access to affordable childcare can be the difference between completing a degree program or not. The Tax-Free Pell Grants Act meets this need by adding childcare and computer costs as qualifying expenses for the AOTC.

    Endorsing organizations: American Association of Community Colleges, American Association of State Colleges and Universities, American Council on Education, Association of American Universities, Association of Public and Land-grant Universities, and the National Association of Independent Colleges and Universities.

    The bill text is available here.

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Valadao Introduces Legislation to Combat Organized Supply Chain Theft and Retail Crime

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON – Congressman David Valadao (CA-22) introduced the Combatting Organized Retail Crime (CORCA) Act alongside Reps. Dave Joyce (OH-14), Susie Lee (NV-03), Dina Titus (NV-01), Brad Schneider (IL-10), Laurel Lee (Fl-15), Lou Correa (CA-46), and Michael Baumgartner (WA-05). This bipartisan, bicameral bill takes important steps to strengthen legal tools for law enforcement and crack down on interstate and transnational crime. The Senate companion bill is led by Senators Chuck Grassley (R-IA) and Catherine Cortez Masto (D-NV).

    The CORCA Act builds off initiatives in the Safeguarding our Supply Chains Act, which was introduced by Congressman David Valadao and Congressman Brad Schneider (IL-10) in the 118th Congress.

    “Organized retail crime and supply chain theft are hitting families and small businesses hard in the Central Valley and beyond,” said Congressman Valadao. “These crimes are largely run by sophisticated criminal networks that endanger public safety and drive-up costs for consumers. In the 118th Congress, I introduced the Safeguarding our Supply Chains Act to fight back against cargo theft, and I’m happy to see some of that language included in this bill. The CORCA Act gives law enforcement the tools they need to hold criminals accountable, and I’m proud to work with my colleagues to get this across the finish line.”

    “Businesses throughout my district are facing the burdens of a rise in organized retail crimes and fraud schemes that are sweeping the nation,” said Rep. Joyce. “These criminal organizations are not only harming small businesses and retailers in our communities, but are also putting American consumers at risk of violence and fraud. These crimes also have more widespread consequences for public safety, as these organized groups often resell stolen goods to finance other illicit activities, including drug and human trafficking operations. Our bipartisan, bicameral legislation will give law enforcement the tools they need to put a stop to these rampant crimes. I want to thank Senator Grassley for his steadfast leadership on this effort and all our House and Senate colleagues on both sides of the aisle for their partnership in addressing this critical issue.” 

    “Organized retail crime puts all of us in danger, while hurting consumers, taxpayers, and businesses of all sizes. And the stolen goods fund human trafficking and terrorism,” said Rep. Susie Lee. “Our local and state law enforcement are doing incredible work, but we need coordination at the federal level to investigate and prosecute these crimes. Our bipartisan legislation will support law enforcement with the tools they need to crack down on these criminal operations.”

    “By establishing a coordinated federal response, the Combating Organized Retail Crime Act would target the criminals who endanger consumers, local businesses, and transportation networks, along with the nefarious transnational groups that fund their operations,” said Rep. Titus. “This legislation will help law enforcement better pursue and prosecute these bad actors, while protecting businesses and saving consumer dollars.”

    “Organized cargo and retail theft are a real and growing problem in Illinois and across the country – it’s time Congress step in to counteract it,” said Rep. Schneider. “Cargo and retail theft are not just local issues — organized groups are stealing goods at all points in the supply chain, oftentimes well before products make it to shelves, and resell stolen items across state lines. I’m proud to join my colleagues in introducing this legislation to safeguard commerce, consumer confidence, and national security.”

    “The rise in sophisticated criminal activities targeting retail stores and the broader supply chain has become a critical threat to our national economy, consumer safety, and public security,” said Rep. Laurel Lee. “With retail theft surging by 93 percent over the last four years, the time to act is now. We must equip law enforcement with the necessary resources and tools to combat these criminals on a federal level, as they operate across state lines and international borders. I am proud to co-sponsor the Combatting Organized Retail Crime Act to protect our businesses and keep our communities safe.”

    “The damage of organized retail crime is real, and it hurts hard-working American taxpayers and businesses here in Orange County across the country,” Rep. Correa said. “Our state and local public safety officers work tirelessly to keep our communities safe from this crime, and they deserve the best possible tools to take down these criminal syndicates. Retail crime affects everyone—so I’m proud to join my colleagues in introducing the Combating Organized Retail Crime Act today to help stop this threat dead in its tracks.”

    “Every time these criminals loot a store, fleece a supplier, highjack a trucker, shakedown a warehouse, honest Americans pay more. Prices go up, shelves go empty, and the working families in places like Spokane and Walla Walla get hit with a hidden tax — all because prosecutors are unable to prosecute, and thieves think they can get away with it,” said Rep. Baumgartner. “This bill hits back. It takes on the crime rings behind the theft, shuts down the online black market for stolen goods, and backs the blue with real support. Do you want to lower prices? Start by locking up the people who are robbing us blind.”

    “The Home Depot applauds Congressman Valadao for committing to the safety of our associates and customers by introducing the Combatting Organized Retail Crime Act,” said Scott Glenn, VP of Asset Protection, The Home Depot. “This legislation will help stop dangerous criminals from stealing from our stores.”

    “The Major County Sheriffs of America (MCSA) strongly supports efforts to combat organized retail crime, and we appreciate the strong bipartisan support behind the reintroduction of the Combating Organized Retail Crime Act,” said Megan Noland, MCSA Executive Director. “With provisions to strengthen penalties and the creation of a dedicated center for coordination and information sharing, this legislation is a vital step toward supporting law enforcement in our fight against organized crime. We look forward to working together to advance this important legislation during this Congress.”

    “Organized cargo theft and fraud disrupt intermodal freight supply chains, risk the safety of our workforce, and harm the U.S. economy,” said Anne Reinke, President & CEO of the Intermodal Association of North America. “The Intermodal Association of North America (IANA) applauds Senator Grassley (R-IA), Senator Cortez Masto (D-NV), and Reps. Joyce (R-OH), Lee (D-NV), Valadao (R-CA), Titus (D-NV), Baumgartner (R-WA), Schneider (D-IL), Lee (R-FL), and Correa (D-CA) for their leadership in championing critical legislation to address this urgent threat. The bipartisan Combating Organized Retail Crime Act will provide important resources to detect and fight organized crime throughout the supply chain, ensuring that our industry can continue delivering goods to American consumers safely and efficiently.”

    “Organized criminal operations continue to evolve and escalate their targeted attacks against our nation’s supply chain and retailers,” said Association of American Railroads President and CEO Ian Jefferies. “This alarming trend affects every industry — including the nation’s largest railroads, which experienced a 40% spike in cargo theft last year. Rep. Valadao’s long-term leadership on developing a unified, federal response has been pivotal in shaping the legislation introduced today. CORCA’s economy-wide strategic framework will go a long way in disrupting these criminal networks and safeguarding our supply chain.”

    “UPS supports the Combatting Organized Retail Crime Act as it provides the necessary resources and coordination to protect the movement of American goods throughout our country while safeguarding the integrity of our national supply chain from rail to road, to retail,” said President of UPS Global Public Affairs Michael Kiely.

    “Across the United States, communities small and large are facing an unprecedented number of Organized Retail Crime (ORC) incidents. The Combatting Organized Retail Crime Act would provide the necessary resources to bring the people and organizations behind this nationwide problem to justice by establishing formal coordination between law enforcement and the private sector,” said ICSC President and CEO, Tom McGee. “We applaud Reps. Joyce, Lee, Titus, and Valadao for reintroducing the Combatting Organized Retail Crime Act. We believe the bill represents a huge step in the right direction towards addressing this growing issue.”

    “The trucking industry takes great pride in delivering America’s freight safely and on time; however, the billions of tons of goods transported by trucks from coast to coast have increasingly become a prime target for organized crime rings, including transnational organizations, putting truck drivers at risk and raising costs for consumers,” said American Trucking Associations President & CEO Chris Spear.  “ATA commends this bipartisan group of leaders for addressing this alarming trend and safeguarding our supply chain.  By empowering federal agencies to improve cooperation across jurisdictions and ramp up enforcement actions, this bill would strike an effective blow against organized crime.”

    “Sophisticated criminal gangs are targeting retailers through brazen organized retail crime schemes, defrauding customers via gift card scams and attacking our supply chains by hijacking our rails and truck shipments. These criminal activities put retail employees, customers and supply chain partners in danger and allow criminal gangs to use ill-gotten profits to fund nefarious activities such as drug smuggling and human trafficking. Dismantling these organized criminal rings requires cooperation and collaboration. RILA thanks Reps. Joyce (R-OH), Lee (D-NV), Valadao (R-CA), Titus (D-NV), Baumgartner (R-WA), Schneider (D-IL), Lee (R-FL), and Correa (D-CA) for their leadership and commitment to enacting the Combating Organized Retail Crime Act (CORCA), which brings federal, state, and local law enforcement together to intercept and prosecute these criminal enterprises. RILA looks forward to working with them to get this critical piece of legislation signed into law,” said Michael Hanson, Retail Industry Leaders Association, Senior Executive Vice President, Public Affairs. 

    “NRF applauds Rep. Dave Joyce (R-OH-14) for his continued leadership to address one of retail’s biggest challenges, the rise of organized retail crime. ORC is a multibillion-dollar crisis impacting retailers, their associates and the customers they serve. ORC is occurring across the retail enterprise – supply chains, bricks-and-mortar stores, warehouses and online – with stolen product sold for a profit, oftentimes to fund other crimes. The Combating Organized Retail Crime Act of 2025 will align efforts within a new Organized Retail and Supply Chain Crime Coordination Center to ensure that resources and information-sharing will be available across local, state, federal and private-sector partners to bring cases and prosecutions against organized theft groups. This legislation is an important step to help prevent ORC from infiltrating local communities across the country,” said NRF Executive Vice President of Government Relations David French.

    Background:

    Sophisticated criminal organizations have been increasingly involved in theft, fraud, and other property crimes against retail stores and various components of the supply chain. These crimes have escalated in scope and impact, threatening the national economy, consumer safety, and public security. According to the National Retail Federation, retail larceny incidents increased by 93% from 2019 to 2023, and stores lost $121.6 billion to retail theft in 2023. This surge in retail crime is often orchestrated by organized groups to resell stolen goods through physical and online marketplaces, further fueling illicit profits and financing additional criminal enterprises.

    At the same time, product manufacturers and supply chains are experiencing a rise in organized cargo theft across rails, roads, and the various distribution points across the United States. CargoNet reported a 27% increase in cargo theft incidents in 2024 over 2023. These thefts range from large-scale physical theft of goods from containers and storage to sophisticated cybercriminal methods that divert shipments to illicit receivers. This causes significant financial losses and operational supply chain disruptions.

    The CORCA Act would:

    • Strengthen legal tools for law enforcement by allowing criminal forfeitures for interstate shipment, transportation of stolen goods, or sale of stolen goods convictions.
    • Expand money laundering statutes.
    • Enable prosecution of organized retail and supply chain groups using interstate or foreign commerce to facilitate crimes.
    • Mandate the creation of the Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations (HIS) and the Department of Homeland Security.

    The Combating Organized Retail Crime Act is also supported by the Federal Law Enforcement Officers Association, the Reusable Packaging Association, DHL, the U.S. Dairy Export Council, the National Milk Producers Foundation, the Transportation Intermediaries Association, the PASS (Protect America’s Small Sellers) Coalition, the International Downtown Association, Amazon, the World Shipping Council, Pirate Ship, the National Shooting Sports Foundation, Walgreens Co., CVS Health, Kroger, Walmart, and Target.

    Read the full bill here.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: IAEA Director General Visits China to Strengthen Cooperation

    Source: International Atomic Energy Agency – IAEA

    IAEA Director General Rafael Mariano Grossi and China’s Foreign Minister Wang Yi in Beijing.

    China is making remarkable progress in nuclear energy and is a strong supporter of the IAEA’s mission to ensure that nuclear technology serves peace and development, IAEA Director General Rafael Mariano Grossi said while meeting China’s Foreign Minister Wang Yi in Beijing. They also exchanged on China’s commitment to multilateralism and non-proliferation.

    During a week-long visit to China, Mr Grossi has met with several high-level officials, signed agreements and visited nuclear and energy facilities and institutions as well as the prestigious Peking University.

    Nuclear Energy and SMRs

    China operates 58 civil nuclear reactors and has almost 30 new builds in progress. This represents nearly half of all power reactors currently under construction worldwide.

    Mr Grossi began his visit at the Hainan Changjiang Nuclear Power Plant, which has some of the country’s most advanced nuclear technologies. This includes a high-pressurized water nuclear reactor and a commercial small modular reactor (SMR).

    What are Small Modular Reactors (SMRs)? | IAEA

    Later, Mr Grossi addressed nuclear power plant personnel and students from the region at a special event where a SMR user requirements document was presented. The document outlines the specific needs and expectations for SMRs, covering design, safety, licensing, and other relevant aspects.

    “China is making strong progress in SMR deployment,” said Mr Grossi. “This event marks an important step toward safe and effective implementation.”

    Meeting the new Chairman of the China Atomic Energy Authority (CAEA), Shan Zhongde, Mr Grossi added,  “China plays a leading role across the peaceful uses of nuclear science and technology — from power to medicine, food and more.”

    Artificial Intelligence

    Mr Grossi also discussed the use of artificial intelligence (AI) and innovative technologies with the President from China National Nuclear Corporation (CNNC), Shen Yanfeng, signing an arrangement with China Nuclear Power Engineering to apply AI and other innovative technology to boost performance at nuclear facilities.

    Nuclear and the Energy Transition

    Mr Grossi spoke with Liu Zhenmin, China’s Special Envoy for Climate Change about how China is investing in nuclear to help power its growing economy and decarbonize.

    In 2020, President Xi Jinping pledged to start cutting CO2 emissions by 2030 and that China would become a carbon-neutral country by 2060.

    During a visit to China’s State Power Investment Corporation (SPIC) on Friday, Mr Grossi also exchanged with SPIC Chairman Liu Mingsheng on clean, smart and innovative energy generation. SPIC owns a number of nuclear power plants under construction and in operation.

    On the last day of his visit, Mr Grossi visited China Huaneng Group (CHNG) in Beijing, one of the largest state-owned electricity companies in China. CHNG has participated in projects such as the Shidao Bay and Hainan Changjiang Nuclear Power Plants.

    “Huaneng Group is central to China’s energy transition — showcasing the value of a diversified low-carbon energy mix including nuclear,” he said.

    Nuclear Safety and Security

    As China expands its nuclear energy programme, the country continues to strengthen its cooperation with the IAEA in nuclear safety. On Wednesday, Mr Grossi met with Dong Baotong, the Administrator of the National Nuclear Safety Administration of China and agreed on increased cooperation between the IAEA and China in this area.

    Energy, Health and Atoms4Food

    China is supporting the IAEA’s initiatives to use nuclear techniques and technologies to help boost energy security, enhance global health and grow better food.

    Mr Grossi met with the Director of China International Development Cooperation Agency (CIDCA) Luo Zhaohui to discuss these priorities.

    While at CAEA, Mr Grossi signed a new Country Programme Framework with China and an arrangement with CAEA to strengthen education and training in the safe and peaceful use of nuclear technology via a Chinese university consortium at the authority.

    He also discussed education during an exchange with China’s Education Vice Minister Xu Qingsen.

    “The IAEA works closely works closely with Chinese universities — and we’ll do more — to train the next generation of professionals,” he said. Mr Grossi expressed his gratitude to China for its support to the IAEA Marie Skłodowska-Curie Fellowship Programme, which provides scholarships and internships to women master’s students studying STEM subjects.

    IAEA Director General Rafael Marano Grossi spoke with students at Peking University. Photo: IAEA

    During a visit to Peking University, one of the most prestigious universities in China, Mr Grossi gave a keynote presentation and had the chance to talk to students in the School of International Studies. He spoke about the IAEA’s work, from energy to security, and the role of effective multilateralism in addressing global issues.

    China, a member of the IAEA since 1984, is involved in around 100 IAEA technical cooperation projects – spanning national, regional and interregional activities.

    MIL Security OSI –

  • MIL-OSI USA: DelBene, Ways & Means Democrats Introduce Bill to End Trump’s Trade War Chaos

    Source: United States House of Representatives – Congresswoman Suzan DelBene (1st District of Washington)

    Today, Ways and Means Trade Subcommittee Member Suzan DelBene (WA-01), Ranking Member Richard Neal (MA-01), Trade Subcommittee Ranking Member Linda Sánchez (CA-38), along with all Ways and Means Committee Democrats introduced the Stopping a Rogue President on Trade Act, a bill to end the constant chaos created by President Trump’s trade wars and reclaim Congress’ authority over tariffs.

    “Trade policy should support American families, workers, and small businesses and not be wielded as a political weapon. This legislation once again reasserts that the president does not have the power to unilaterally impose sweeping tariffs, and tightens existing loopholes to ensure no president can violate our constitution moving forward,” said DelBene. “For communities in Washington, where trade-dependent businesses drive our local economy, this bill brings much-needed stability and ensures our trade policy reflects long-term economic interests, not political whims.” 

    “President Trump’s reckless abuse of tariffs has sparked nothing but chaos,” said Sánchez. “American families have been anxiously bracing for rising costs and small businesses are worried they won’t survive the economic strain – all while the president flip-flops on tariffs at a whim, doing backroom deals and keeping negotiations out of the public eye. It’s time to end this madness. Congress must step in and take the trade keys away from our rogue president and protect the American people.”

    “Over the years, Congress has entrusted more and more authority over trade to the Executive Branch, and recent events have made it clear we must reclaim that authority,” said Neal. “This president is willing to call anything an emergency to justify his every chaotic whim. The American people deserve better—they deserve stability and forethought. That’s why I’m proud to support Trade Subcommittee Ranking Member Sánchez’s legislation that will deliver just that.”

    The Stopping a Rogue President on Trade Act would:

    • Turn off the global tariffs imposed on April 2: The bill would permanently turn off the new baseline tariffs of 10 percent for all countries as well as the massive increases in tariffs for 60 trading partners, such as Europe, Israel, Japan, South Korea and Kenya. This would return most rates to the levels they were before the president’s tariff spree.
    • Turn off the tariffs imposed by executive order for Mexico and Canada: The president should not be able to use congressional trade authorities to extort our closest allies. If there are trade issues with those two countries, then there is a process in the United States-Mexico-Canada Agreement that President Trump negotiated, and Congress authorized.
    • Require congressional approval for all new tariffs: The Constitution gives Congress the authority over trade. Getting a vote on tariff actions should not be held hostage to political whim; votes would be treated as privileged measures that ensures that the American people get to have their say. Apolitical tariff actions – like trade remedies, safeguards and trade agreement dispute settlement – are already insulated from partisan abuse and would not require a congressional vote under the bill.

    The bill is cosponsored by Representatives Linda Sánchez (CA-38), Richard Neal (MA-01), Lloyd Doggett (TX-37), Mike Thompson (CA-04), John Larson (CT-01), Danny Davis (IL-07), Terri Sewell (AL-07), Judy Chu (CA-28), Gwen Moore (WI-04), Brendan Boyle (PA-02), Don Beyer (VA-08), Dwight Evans (PA-03), Brad Schneider (IL-10), Jimmy Panetta (CA-19), Jimmy Gomez (CA-34), Steven Horsford (NV-04), Stacey Plaskett (VI-at Large), Tom Suozzi (NY-03) and Adam Gray (CA-13).

    A copy of the bill text can be found here.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Alaska Businesses, Nonprofits, and Residents Affected by October Storms

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible businesses, nonprofits, and residents in Alaska of the May 12, deadline to apply for low interest federal disaster loans to offset physical damage caused by the severe storm and flooding occurring Oct. 20–23, 2024.

    The disaster declaration covers the Northwest Arctic Borough.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include strengthening structures to protect against high wind damage, elevating flood prone structures,  and installing a safe room or storm shelter to help protect property and occupants from future damage.

    “One distinct advantage of SBA’s disaster loan program is the opportunity to fund upgrades reducing the risk of future storm damage,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “I encourage businesses and homeowners to work with contractors and mitigation professionals to improve their storm readiness while taking advantage of SBA’s physical damage loans.”

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    The loan amount can be up to $2 million with interest rates as low as 4% for businesses, 3.25% for nonprofits and 2.813% for homeowners and renters, with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial condition. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return for physical damage applications is May 12. The deadline to return economic injury applications is Dec. 15.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to Oregon Businesses, Nonprofits and Residents Affected by Wheeler County Wildfires

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible businesses, nonprofits and residents in Oregon of the May 12, deadline to apply for low interest federal disaster loans to offset physical damage caused by the July 10-Aug. 23, 2024, wildfires.

    The disaster declaration covers Wheeler County.

    Businesses and nonprofits are eligible to apply for business physical disaster loans and may borrow up to $2 million to repair or replace disaster-damaged or destroyed real estate, machinery and equipment, inventory, and other business assets.

    Homeowners and renters are eligible to apply for home and personal property loans and may borrow up to $100,000 to replace or repair personal property, such as clothing, furniture, cars, and appliances. Homeowners may apply for up to $500,000 to replace or repair their primary residence.

    Applicants may also be eligible for a loan increase of up to 20% of their physical damages, as verified by the SBA, for mitigation purposes. Eligible mitigation improvements include retrofitting structures to protect against wildfires and other physical disasters.

    “One distinct advantage of SBA’s disaster loan program is the opportunity to fund upgrades reducing the risk of future damage,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “I encourage businesses and homeowners to work with contractors and mitigation professionals to improve their disaster readiness while taking advantage of SBA’s physical damage loans.”

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to eligible small businesses, small agricultural cooperatives, nurseries and private nonprofit (PNP) organizations impacted by financial losses directly related to this disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for aquaculture enterprises.

    The loan amount can be up to $2 million with interest rates as low as 4% for businesses, 3.25% for nonprofits and 2.688% for homeowners and renters, with terms up to 30 years. The SBA sets loan amounts and terms based on each applicant’s financial condition. Interest does not begin to accrue, and monthly payments are not due, until 12 months from the date of the initial disbursement.

    To apply online visit sba.gov/disaster. Applicants may also call SBA’s Customer Service Center at (800) 659-2955 or email disastercustomerservice@sba.gov for more information on SBA disaster assistance. For people who are deaf, hard of hearing, or have a speech disability, please dial 7-1-1 to access telecommunications relay services.

    The deadline to return for physical damage applications is May 12. The deadline to return economic injury applications is Dec. 15.

    ###

    About the U.S. Small Business Administration

    The U.S. Small Business Administration helps power the American dream of business ownership. As the only go-to resource and voice for small businesses backed by the strength of the federal government, the SBA empowers entrepreneurs and small business owners with the resources and support they need to start, grow, expand their businesses, or recover from a declared disaster. It delivers services through an extensive network of SBA field offices and partnerships with public and private organizations. To learn more, visit www.sba.gov.

    MIL OSI USA News –

  • MIL-OSI United Nations: Push World to Deliver on Commitments Set Forth in Pact for the Future, Secretary-General Urges at G7+ Ministerial Meeting

    Source: United Nations MIL OSI b

    Following is the text of UN Secretary-General António Guterres’ video message for the opening of the Group of Seven Plus (g7+) ministerial meeting, in Dili, today: 

    I am pleased to convey my heartfelt greetings to the g7+ ministerial meeting as you mark your fifteenth anniversary in Dili — where your inspiring journey began. 

    This city, like many of your countries, symbolizes both the wounds of conflict and the strength and resolve it takes to overcome them — and I was deeply moved by your wonderful hospitality as we marked the twenty-fifth anniversary of the independence referendum last year.

    Your people understand better than most the heavy cost of fragility and the daily work of rebuilding lives with dignity and hope. Your organization was born from that spirit of resilience and purpose and the shared recognition that lasting peace is the foundation of progress. 

    Over the years, you have championed cooperation, solidarity and country-led solutions.  You have also made a difference at the global level, including through your leadership in helping to secure Sustainable Development Goal 16 on peace, justice and strong institutions.

    Yet, fragilities are deepening around the world. Protracted conflicts, widening inequalities and a raging climate crisis are fuelling displacement and instability with your nations often bearing the heaviest burden, despite contributing least to these crises.

    These plights cannot be ignored.  The world cannot let your calls go unanswered.  We need solidarity for solutions, and that is the spirit of the Pact for the Future that you helped shape.

    The Pact charts a course to reform peace and security cooperation, prioritizing conflict prevention, mediation and peacebuilding. It seeks to strengthen coordination, including South-South cooperation, to develop innovative approaches and expand opportunities for women and young people.

    The Pact also calls for reform of the global financial architecture through bigger and bolder multilateral development banks; effective debt relief for fragile economies; an annual Sustainable Development Goal (SDG) Stimulus of $500 billion; and better access to concessional finance — recognizing vulnerabilities through the Multidimensional Vulnerability Index.

    We must push the world to deliver on those commitments, including at the fourth Financing for Development Conference in June.  And we must push for climate justice.  Many of you are on the front lines watching as rising seas and extreme weather threaten lives and livelihoods.

    As we prepare for COP30 [thirtieth Conference of the Parties to the United Nations Framework Convention on Climate Change], we need to see countries turn promises into action.  Developed countries must scale up adaptation finance.  We need meaningful contributions to the Fund for loss and damage.  And we need confidence the $1.3 trillion will be delivered.

    Your journey over the past 15 years shows us that solidarity is a common responsibility.  As we work to tackle global challenges and implement the Pact for the Future, your voices will be vital to strengthen multilateralism, prevent conflict, and forge a future of dignity and sustainable development for all.

    MIL OSI United Nations News –

  • MIL-OSI USA News: The State of Play: Why President Trump’s Tariffs Are Necessary

    Source: The White House

    It’s cliché, yet true — the definition of insanity is repeating the same thing over and expecting a different result.

    The trade policies of the past several decades have failed this nation, its workers, and our communities.

    Twenty years ago, The New York Times Editorial Board responded to the January 2005 trade deficit of $58.3 billion by writing an editorial entitled “Dangerous deficits.” Deficits are certainly dangerous; former Federal Reserve Chairman Paul Volcker said trade deficits were to blame for the Great Recession.

    The Times wrote in 2005: “At $58.3 billion, the U.S. trade deficit for January exceeded everyone’s worst expectations… The trade deficit is the single most important factor in measuring the extent to which the United States lives beyond its means.”

    Since then, our trade deficit has more than DOUBLED. The U.S. trade deficit in January totaled a whopping $131.4 billion.

    The impact has been seen everywhere.

    Since 1990, manufacturing employment has decreased by 59% in New York and decreased by 35% in Ohio.

    The loss of these jobs killed innocent Americans and destroyed towns. Multiple studies show the loss of jobs due to bad trade deals led to an increase in drug overdoses.

    However, liberal commentators have lost interest in fixing this problem. In fact, they are offended at the suggestion that industry should return to America.

    Chris Matthews was inexplicably stunned on MSNBC and asked, “What are we going to do? Have more lumber made in the United States now!?” Yes, we are. President Donald J. Trump even signed an executive order to expand American timber production.

    Likewise, Nia Malika-Henderson on CNN ridiculously asked, “Is it worth it to upend the global economy for HVAC jobs?” Apparently, Nia Malika-Henderson thinks preserving low-wage jobs in China is more important than creating high-wage jobs in America.

    The loss of American industry means we struggle to build ships, medicine, and other essential goods. This is a national security emergency.

    Fortunately, we are already seeing progress in reshoring American industry. President Trump remains undeterred in his mission to Make America Wealthy Again.

    • Guardian Bikes announced it is launching the “first large-scale bicycle frame manufacturing operation in the United States.”
    • Novartis announced “it plans to spend $23 billion to build and expand 10 facilities in the U.S.”
    • Chocolate maker Barry Callebaut announced it is increasing its U.S.-based production.
    • JSW Steel announced it will be adding jobs at its Ohio steel plant.
    • BMW is considering adding shifts to boost production at its South Carolina plant.
    • Apple announced a $500 billion investment in U.S. manufacturing and training.
    • Nvidia announced it will invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing.
    • Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
    • Eli Lilly and Company announced a $27 billion investment in domestic manufacturing.
    • United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
    • France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
    • United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
    • South Korean automaker Hyundai announced a $20 billion investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs, amid their pledge to “further localize production in the U.S.”
    • Merck announced it will invest $8 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility.
    • Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
    • GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
    • Stellantis announced a $5 billion investment in its U.S. manufacturing network — including re-opening an Illinois manufacturing plant — as it pledges to increase domestic vehicle production.
    • Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
    • GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
    • London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
    • Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
    • Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
    • Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
    • Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
    • Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
    • Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
    • India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
    • Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
    • Honda is expected to produce its next-generation Civic hybrid model in Indiana.
    • Nissan is considering moving production from Mexico to the U.S.
    • Rolls-Royce is expected to shift production to the U.S. and expand its domestic workforce.
    • Volkswagen is considering shifting production of the high-end Audi and Porsche brands to the U.S.
    • Volvo is considering expanding its U.S.-based output.
    • LG is considering moving its refrigerator manufacturing from Mexico to Tennessee.
    • Italian spirits group Campari is “assessing the opportunities to expand its production in the U.S.”
    • Swedish hygiene product manufacturer Essity is considering shifting production to the U.S.
    • Taiwan-based Compal Electronics is considering a U.S.-based expansion.
    • Taiwan-based Inventec is expected to expand its manufacturing operations into Texas.
    • LVMH, a French luxury giant, is “seriously considering” an expansion to its U.S.-based production capabilities.
    • Cra-Z-Art, the biggest toymaker in the U.S., said it will move a “large percentage” of its China-based manufacturing back home.
    • Prepac, a Canadian furniture manufacturer, announced it will move production from Canada to the U.S.
    • Lear is considering moving its production to the U.S.
    • Half of Japanese companies say they’ll boost U.S. investment, largely due to tariffs.

    MIL OSI USA News –

  • MIL-OSI Canada: Criminal Property Forfeiture Fund Supports Community Safety Initiatives

    Source: Government of Canada regional news

    Released on April 11, 2025

    The Government of Saskatchewan is providing more than $1.1 million to police agencies, the Victims’ Fund and community programs from the Criminal Property Forfeiture Fund. These assets will help municipal police forces purchase new resources, as well as offer supports for victims and aid in the delivery of community programming.

    “We are committed to offering support to victims of crime in our province and delivering safer communities and neighbourhoods across Saskatchewan,” Justice Minister and Attorney General Tim McLeod said. “The criminal property forfeiture process allows us to do that by taking proceeds from criminal activity and putting it to good use through our police agencies and community programs.”

    Saskatchewan’s Civil Forfeiture Program, through The Seizure of Criminal Property Act, 2009, seeks the forfeiture of property alleged to be proceeds or an instrument of unlawful activity. Proceeds of forfeited property are placed in the Criminal Property Forfeiture Fund for distribution to police, victims and community programs.

    Of the $1.1 million being provided, over $564,000 of this will go to police services across the province, as well as Search and Rescue Regina. In accordance with legislation, a matching amount will be deposited from the Criminal Property Forfeiture Fund into the Victims’ Fund.

    The funding will be used to provide the following equipment and programming: 

    • Audio Visual Equipment to interview child and youth victims of violence to facilitate the investigation and prosecution of offences against children in Moose Jaw;
    • The development of a Child and Youth Advocacy Centre in Moose Jaw;
    • Investigative enhancements to the Internet Child Exploitation Unit (ICE) in Moose Jaw, including officer training, upgraded video interview recording equipment and Faraday bags to prevent the loss of evidence;
    • Photocell camera for the Regina Police Service;
    • Facility upgrades to the tactical training facility in Regina; 
    • Investigative search support for a Saskatoon Police Service investigation;
    • A portable light system for the File Hills First Nations Police Service;
    • A wet processing bench, which provides a dedicated exhibit processing workspace to enhance safety and minimize contamination, for the Prince Albert Police Department; and
    • Tent and trailer for Search and Rescue Regina. 

    Civil Forfeiture removes the financial incentives of criminal activity, making involvement in criminal activity less attractive and benefiting Saskatchewan communities both financially and socially. 

    “The Moose Jaw Police Service is delighted to partner with the Saskatchewan government and community partners in applying funding received through civil forfeiture for the enhancement and expansion of our approach in the investigation, care, and support of child and youth victims of abuse in Moose Jaw and surrounding communities,” Acting Police Chief Rick Johns said.

    Since inception, over $10 million from the Criminal Property Forfeiture Fund has been distributed to police operations, the Victims’ Fund and community programming.

    The Victims’ Fund provides support to victims of crime through both the justice and law enforcement systems as well as community organizations. Further information can be found at www.saskatchewan.ca/victimsservices.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Russia: Dmitry Patrushev: The area under crops in Russia will increase in 2025 and will amount to about 84 million hectares

    Translartion. Region: Russians Fedetion –

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    During a working visit to Rostov Oblast, Deputy Prime Minister Dmitry Patrushev held a meeting dedicated to seasonal field work in the Russian Federation. The meeting was attended by the Minister of Agriculture, heads of Saratov, Rostov, Bryansk, Novosibirsk, Chelyabinsk Oblasts and Krasnodar Krai.

    “In 2025, the total sown area is forecast to be about 84 million hectares, which is about 1 million hectares more than it actually was last year. Of these, about 20 million hectares are under winter crops. An assessment conducted in April showed that more than 93% of winter grain crops are in normal condition. This is especially significant given the extremely difficult weather conditions of last year. This year, 55.8 million hectares are planned for spring crops. Including, oilseed crops should increase by almost 600 thousand hectares. I ask the leadership of the regions to ensure control over compliance with the forecast structure of sown areas. This is a kind of guarantee of a balanced harvest. Spring sowing is entering an active phase – farmers from 42 regions are already working in the fields. Winter crops are being fed at an accelerated pace. Almost 3 million hectares have been sown with spring crops,” said Dmitry Patrushev.

    The Deputy Prime Minister particularly emphasized that throughout the entire period of spring field work, the Ministry of Agriculture and the regions must monitor the provision of farmers with financial resources and means of production. The government maintains various instruments of financial and non-financial support.

    More than 40 billion rubles have been allocated to provide new preferential loans in 2025, of which 34 are intended for short-term loans. Farmers can use them to prepare for seasonal field work. The Deputy Prime Minister noted that the dynamics of lending this year is better than last year.

    Dmitry Patrushev emphasized that measures aimed at updating the agricultural machinery fleet remain, including preferential leasing. The government is additionally allocating more than 4 billion rubles for recapitalization of Rosagroleasing, which will increase the supply of self-propelled machinery.

    The Deputy Prime Minister spoke about the continuation of the planned transition to seeds of our own selection. State support measures are also provided for this. By the end of 2024, the provision of seeds of our own selection amounted to more than 67%.

    Dmitry Patrushev noted that it is especially important for regions to monitor the implementation of fire safety measures on agricultural lands and agro-industrial complex facilities, as well as to monitor the phytosanitary situation in the fields.

    The Deputy Prime Minister emphasized that it is during the spring sowing period that the bulk of federal government support funds should be delivered to farmers.

    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: Financial News: Fraudsters Entice People to a Non-Existent Digital Ruble Investment Program

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia (2) –

    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.

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    Fraudsters encourage people to invest in digital rubles and receive passive income from these investments.

    They create websites in corporate colors and with the digital ruble logo. The scammers call such Internet resources the investment program of the digital ruble of the Bank of Russia. On the website, the visitor is greeted by a “personal manager” who persuades them to deposit the amount on the “deposit”.

    The person is encouraged to join the supposedly existing program as quickly as possible, while the “entry threshold is low”, because later the starting amount will be significantly increased. The potential victim is asked to answer several questions and leave contact information. Then the goal of the “personal manager” is to force the person to deposit as much money as possible on the fake platform.

    Be careful: there are no digital ruble investment programs!

    Trust only official sources. All information about the digital ruble is published onon the website of the Bank of Russia.

    The digital ruble of the Bank of Russia is a digital form of the national currency. It is introduced as a means of payments and transfers. Currently, operations with digital rubles are available only to pilot participants – this is a limited circle of bank clients connected to the digital ruble platform.

    The Bank of Russia will additionally announce the launch of the digital ruble into mass circulation.

    MIL OSI Russia News –

  • MIL-OSI USA: Governor Lamont, Senate President Looney, Speaker Ritter Announce $77 Million to Municipalities and Organizations for 35 Economic Development Projects

    Source: US State of Connecticut

    (HARTFORD, CT) – Governor Ned Lamont, Senate President Pro Tempore Martin M. Looney (D-New Haven), and Speaker of the House Matt Ritter (D-Hartford) today announced that the State Bond Commission has approved the release of approximately $77 million in state funding to support the sixth round of grants under the Community Investment Fund 2030.

    This sixth grant round supports 35 economic development projects in 21 towns and cities across Connecticut.

    “Through this grant program, we are helping municipalities throughout Connecticut make improvements in underserved areas that will enhance their economic vibrancy and revitalize neighborhoods,” Governor Lamont, chairman of the State Bond Commission, said. “I am glad that we can partner with these towns and cities and other organizations to make these improvements that will drive growth in our state.”

    “The Community Investment Fund is one of the most transformative economic development tools we’ve created in recent years,” Senator Looney said. “These grants are targeted investments to uplift underserved communities, assist struggling nonprofit social service organizations, promote equity, and spur long-term economic growth across Connecticut. I am proud to see this funding approved and look forward to its meaningful impact on cities and towns throughout our state.”

    “I want to thank Governor Lamont for his continued commitment to this important funding source,” Speaker Ritter said. “Investing in transformational projects can provide a huge boost to nonprofits, communities, and even entire regions of Connecticut.”

    The Community Investment Fund was created by the Connecticut General Assembly and Governor Lamont in 2022 to support economic development in historically underserved communities across Connecticut. Eligible projects include capital improvements, such as those focused on affordable housing, brownfield remediation, infrastructure, and public facilities, as well as small business support programs that provide revolving loans, gap financing, microloans, or start-up financing. The program is anticipated to release up to $875 in grants over a five-year period.

    The following grants were approved under this round:

    Municipality: All Community Investment Fund communities
     Grant Recipient: CT Humanities Council
    Award Amount: $250,000
    Description: “Cultural Cohort” – Connecticut Humanities has a mission to champion the enduring value of public humanities in our lives and civil society. This planning grant will allow CT Humanities to assess the needs of 560 cultural organizations in the 55 CIF communities.

    Municipality: Bridgeport
     Grant Recipient: Green Village Initiatives Inc.
    Award Amount: $250,000
    Description: “Bridgeport Regional Food Hub” – Green Village Initiative is a nonprofit organization serving Bridgeport focused on addressing systemic inequities in the local food system through urban agriculture, education, and community empowerment. The Bridgeport Regional Food Hub and Community Empowerment Initiative is a planning project to develop a county-wide food hub in Bridgeport.

    Municipality: Bridgeport
     Grant Recipient: Mercy Learning Center
    Award Amount: $250,000
    Description: “Capital Improvement Planning” – Mercy Learning Center provides basic literacy and life skills training to women with low income using a holistic approach within a compassionate, supportive environment. CIF funding would finance specific assessments and plans to address elements that arise from the Organizational Strategic Plan and process prioritizing capital renovations and expansion.

    Municipality: Bridgeport
     Grant Recipient: Barnum Museum Foundation
    Award Amount: $2,000,000
    Description: “Barnum Museum Revitalization” – The Barnum Museum, a historic cultural institution in Bridgeport since 1893, provides educational programs, community events, and accessibility initiatives for diverse audiences. It engages thousands of students, families, and seniors through partnerships with schools and local organizations. The proposed project will continue the museum’s restoration, focusing on safety, accessibility, and energy efficiency.

    Municipality: Danbury
     Grant Recipient: City of Danbury
    Award Amount: $5,000,000
    Description: “Downtown Revitalization: Streetscapes for the Future” – The City of Danbury proposes to complete Phase II of the Downtown Danbury’s Revitalization: Streetscapes for the Future Project. The project would enhance pedestrian and streetscape features along key streets: Main Street (Route 53) from Boughton Street to Crosby Street, Liberty Street from Main Street to Patriot Drive, Independence Way, White Street from Ives Street to Main Street, a portion of Elm Street, Post Office Walk, and Kennedy Avenue.

    Municipality: East Haven
     Grant Recipient: Town of East Haven
    Award Amount: $250,000
    Description: “Family Resource Center Expansion” – The Town of East Haven proposes to plan for the renovation and expansion of the Family Resource Center to transform it into a comprehensive community hub, including a dynamic recreational area, designed to support local youth and families.

    Municipality: East Windsor
     Grant Recipient: Housing Corporation of East Windsor
    Award Amount: $250,000
    Description: “Park Hill 2 & 3” – The Housing Corporation of East Windsor, a non-profit dedicated to expanding quality affordable housing for low and moderate-income individuals in the East Windsor area, plans to develop two vacant parcels adjacent to Park Hill, a senior and disabled apartment community. This project seeks to advance the planning process to prepare the 13-acre site for complimentary development.

    Municipality: Enfield
     Grant Recipient: Town of Enfield
    Award Amount: $10,000,000
    Description: “Enfield Marketplace Infrastructure” – The Town of Enfield, in partnership with Woodsonia Acquisitions LLC, will utilize CIF funding to install critical new infrastructure necessary to create a mixed-use development called the Enfield Marketplace.

    Municipality: Hamden
     Grant Recipient: Transcend the Trend, Inc.
    Award Amount: $250,000
    Description: “Hamden Arts & Learning Oasis (HALO)” – Transcend The Trend (TTT) has a mission to achieve equity in the local education system in and through the arts. The planning grant request is community engagement and a feasibility study to inform architectural and design plans to renovate space on the former Paier College of Art campus into an arts and cultural hub.

    Municipality: Hartford
     Grant Recipient: Asylum Hill Congregational Church
    Award Amount: $3,789,482
    Description: “Earl Exum Community Resource Center” – Asylum Hill Congregational Church offers a range of community programs, including food assistance, youth outreach, educational programs, and resources for low-income individuals and families. AHCC plans to remediate, remodel, and re-purpose the garden level to address identified needs by providing space for existing service providers seeking to establish a more accessible presence in the Asylum Hill neighborhood.

    Municipality: Hartford
     Grant Recipient: City of Hartford
    Award Amount: $1,600,000
    Description: “Homestead Acquisition” – The City of Hartford proposes to acquire three properties within the Homestead Redevelopment Corridor between Sigourney and Garden Streets. The city is currently developing a redevelopment plan for the Homestead Corridor. The Homestead Avenue Redevelopment Plan aims to employ a mix of land use strategies to transform this key thoroughfare in the Upper Albany neighborhood.

    Municipality: Hartford
     Grant Recipient: City of Hartford
    Award Amount: $250,000
    Description: “Talcott Plaza” – The City of Hartford will plan a major redevelopment project to revitalize Downtown Hartford at the Talcott Street Plaza to include mixed-use development that will include the opportunity for a large commercial tenant and expansion to include residential units.

    Municipality: Hartford
     Grant Recipient: YWCA Hartford Region, Inc.
    Award Amount: $1,500,000
    Description: “Center for Racial Justice and Gender Equity” – YWCA is committed to eliminating racism, empowering women, and promoting justice, freedom, and dignity for all. YWCA proposes HVAC system enhancements as part of renovating its 50-year-old Hartford building to establish The Center for Racial Justice and Gender Equity.

    Municipality: Hartford
     Grant Recipient: Clay Arsenal Community Development Corporation
    Award Amount: $250,000
    Description: “Beacon & Walnut Planning” – The Clay Arsenal Community Development Corporation focuses on economic development and poverty reduction in Hartford’s Clay Arsenal neighborhood. Its mission is to improve the economic and social conditions of low and moderate-income residents through sustainable initiatives. The CIF Planning Grant will fund predevelopment activities towards transforming two blighted sites into sustainable, mixed-use, transit-oriented developments.

    Municipality: Killingly
     Grant Recipient: Access Community Action Agency
    Award Amount: $4,928,243
    Description: “Transforming 254 Broad” – The ACCESS Agency’s mission is to empower under-resourced individuals, families, and communities by improving food security, providing affordable housing, and creating pathways to economic stability. With CIF funding, ACCESS plans to renovate the St. Alban Church at 254 Broad Street to expand offices, upgrade the food pantry, offer the Killingly Community Store, improve access to the emergency shelter and repurpose space into affordable housing.

    Municipality: Meriden
     Grant Recipient: City of Meriden
    Award Amount: $250,000
    Description: “One Stop HHS Building” – The City of Meriden proposes to perform planning for the renovation and modernization of the Stoddard Municipal Building at 165 Miller Street, transforming it into a “one stop” facility for human services.

    Municipality: Naugatuck
     Grant Recipient: Borough of Naugatuck
    Award Amount: $3,000,000
    Description: “Industrial Park Phase 2” – Located in the Naugatuck Industrial Park III, Phase 2 will construct temporary and permanent access roads, including streetscaping and utilities in the public-right-of-way, allowing lot access for end users, as well as connection to utilities.

    Municipality: New Britain
     Grant Recipient: City of New Britain
    Award Amount: $1,796,974
    Description: “Mount Pleasant – Myrtle Street Corridor” – The City of New Britain proposes a multi-phased project that will replace 251 obsolete public housing units with approximately 330 mixed-income housing of choice units and appurtenant community space. The project will contain new roads and infrastructure that will connect the isolated community back to the broader neighborhood, as well as fostering connectivity to the greater metropolitan area.

    Municipality: New Britain
     Grant Recipient: Friendship Service Center
    Award Amount: $2,000,000
    Description: “Emergency Shelter Expansion” – Friendship Service Center provides services to individuals and families at risk of or experiencing homelessness in Central Connecticut. Friendship Service Center seeks funding to renovate its facility including reconfiguring bedrooms to increase emergency shelter capacity from 5 to 16 rooms, upgrading the community kitchen and dining room, and expanding the parking lot.

    Municipality: New Haven
     Grant Recipient: United Way of Greater New Haven
    Award Amount: $2,000,000
    Description: “State and Chapel” – United Way of Greater New Haven works to address pressing local challenges in education, safe housing, food security, career development, financial education, and other essential services. United Way of Greater New Haven, in partnership with Beacon Communities and Columbus House, will utilize CIF support State and Chapel, a mixed-income, mixed-use, transit-oriented housing project in downtown New Haven.

    Municipality: New Haven
     Grant Recipient: Mary Wade Foundation
    Award Amount: $700,000
    Description: “Residential Care Home Modernization” – The Mary Wade Home is a senior care organization serving low-income seniors (65+) in Greater New Haven, providing a full continuum of medical and social support. Mary Wade Home will utilize CIF funding to further plans for a major renovation and expansion of the Boardman Residential Care Home to address safety concerns and improve living conditions.

    Municipality: New Haven
     Grant Recipient: Greater Dwight Development
    Award Amount: $6,121,390
    Description: “Community Building Initiative” – Greater Dwight Development Corporation works to lead projects that address drugs, gang violence, economic development, employment, housing, and education. Greater Dwight Development will use CIF funds to implement Phase 2 of its Greater Dwight Community Building Initiative, creating 11 units of affordable housing and community space for the local nonprofit and community-based organizations across two properties in the Dwight neighborhood.

    Municipality: New Haven
     Grant Recipient: Mount Hope Temple
    Award Amount: $250,000
    Description: “Mount Hope Temple Renovation Planning” – The Mount Hope Temple Church currently operates the Mount Hope Recovery Center Food Pantry. The grant will allow the church/food pantry to take steps towards increasing the number of families it serves per month, expanding to more of Greater New Haven, and operating a cooling/warming shelter for the homeless.

    Municipality: New London
     Grant Recipient: City of New London
    Award Amount: $4,000,000
    Description: “Mercer Community Hall” – The City of New London, in partnership with the Garde Arts Center, Inc., seeks to enhance community engagement and accessibility through the arts. The project includes renovation and expansion of the Mercer Community Hall, located at a downtown intersection near New London’s transit hub, to offer affordable event space, support arts and workforce opportunities, and retain activities within the city.

    Municipality: New London
     Grant Recipient: Planned Parenthood of Southern New England
    Award Amount: $2,020,096
    Description: “New London Relocation” – PPSNE health centers promote the availability of high-quality family planning and reproductive services. PPSNE proposes to use CIF funds to renovate and expand the property at 467 Ocean Avenue in New London to become the new home of PPSNE’s New London health center.

    Municipality: Norwalk
     Grant Recipient: Open Door Shelter, Inc.
    Award Amount: $250,000
    Description: “Campus Expansion Project” – The mission of Open Doors is to end homelessness in the greater Norwalk region by guiding every person in the cycle of homelessness toward housing stability. Open Doors intends to develop a plan to expand its operations within the South Norwalk neighborhood by assessing its existing housing portfolio and exploring the acquisition of abutting properties.

    Municipality: Norwalk
     Grant Recipient: Friends of the Norwalk River Valley Trail
    Award Amount: $1,500,000
    Description: “Glover Ave Spur” – The Norwalk River Valley Trail is a recreational and transportation amenity in Norwalk and once completed will run from Danbury to Norwalk. This project proposes the completion of the Norwalk section of the Norwalk River Valley Trail.

    Municipality: Norwich
     Grant Recipient: City of Norwich
    Award Amount: $4,899,600
    Description: “Fontaine Field & Senior Center” – The City of Norwich will reconstruct Fontaine Field including replacing the existing field with a synthetic turf option, adding spectator stands, enlarging the parking area, and improving accessibility from the Rose City Senior Center.

    Municipality: Norwich
     Grant Recipient: City of Norwich
    Award Amount: $250,000
    Description: “Gateway Norwich” – The City of Norwich proposes to reimagine the city’s portion of the former Norwich State Hospital, which is listed on the National Register of Historic Places. As a gateway to the city from the south, the potential exists to create a community-driven place that works in synergy with the proposed Preston Riverwalk development to be constructed by the Mohegan Tribe on the Preston section of the Norwich State Hospital.

    Municipality: Plainfield
     Grant Recipient: Town of Plainfield
    Award Amount: $8,000,000
    Description: “InterRoyal Remediation” – The Town of Plainfield proposes remediation of the former InterRoyal mill site, an abandoned brownfield site. The project will be approached in phases, including selective building demolition, abatement, and remediation. The town and partners plan to redevelop the site into a mixed-use community.

    Municipality: Stamford
     Grant Recipient: Rippowam Corporation
    Award Amount: $2,000,000
    Description: “Oak Park Phase II” – Rippowam Corporation is the nonprofit development and asset management affiliate of the Housing Authority of the City of Stamford. Rippowam Corporation is requesting funding for the second of three planned phases to redevelop Oak Park, located on the East Side of Stamford, to rebuild to avoid areas of chronic flooding and to ensure accessibility for residents.

    Municipality: Waterbury
     Grant Recipient: City of Waterbury
    Award Amount: $4,000,000
    Description: “Phase 3 Downtown Utilities” – The City of Waterbury proposes to further the Downtown Streetscape and Utility Improvements Project on West Main Street. This project aims to address Waterbury’s aging infrastructure, fostering long-term economic growth and promoting energy and environmental justice.

    Municipality: West Haven
     Grant Recipient: City of West Haven
    Award Amount: $1,800,000
    Description: “VA Neighborhood Upgrades” – The City of West Haven proposes to revitalize the neighborhood surrounding the Veteran Affairs Medical Center. Upgrades will be transit-oriented and include traffic calming, pedestrian safety and accessibility, and paving several roads/sidewalks in disrepair.

    Municipality: Windham
     Grant Recipient: Windham Preservation, Inc.
    Award Amount: $250,000
    Description: “Windham Inn Adaptive Re-use” – The Windham Preservation Initiative is focused on restoring and repurposing the historic Windham Inn as housing with potential first-floor community flex space, addressing Connecticut’s housing shortage while preserving a cultural landmark. CIF funding will support pre-construction planning.

    Municipality: Windsor
     Grant Recipient: Capital Region Education Council
    Award Amount: $1,244,152
    Description: “River Street School” – The Capitol Region Education Council is one of six Regional Educational Service Centers in Connecticut. RESC are designed to support the instructional and operational needs of Connecticut’s public school. CREC will renovate the River Street School in Windsor, a specialized educational and therapeutic facility serving students with autism spectrum disorder.

    For more information about the Community Investment Fund, visit portal.ct.gov/communityinvestmentfund.

     

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