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  • MIL-OSI USA: Sens. Markey and Capito, Reps. Cammack and Magaziner Reintroduce Legislation to Alleviate Administrative Burden for Caregivers

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Family caregivers provide $600 billion in unpaid care every year
    Bill Text (PDF)
    Washington (March 31, 2025) – Senator Edward J. Markey (D-Mass.), Ranking Member of the Health, Education, Labor, and Pensions (HELP) Subcommittee on Primary Health and Retirement Security, Senator Shelley Moore Capito (R-W.V.), and Representatives Seth Magaziner (RI-02), and Kat Cammack (FL-03) today reintroduced the Alleviating Barriers for Caregivers (ABC) Act, legislation that would require the Centers for Medicare and Medicaid Services (CMS), Social Security Administration (SSA), and Children’s Health Insurance Program (CHIP) to review their eligibility, processes, procedures, forms, and communications to reduce the administrative burden on family caregivers. The legislation would then require CMS, SSA, and CHIP to report to Congress after two years about any issues they are facing and any next steps they are taking to support family caregivers.
    Family caregivers serve as a primary source of support for seniors and people with disabilities of all ages. In the United States alone, there are more than 48 million family caregivers. More than half of family caregivers act as an advocate for their loved one with care providers, community services, or government agencies. However, one in four family caregivers say they want help with forms, paperwork, and eligibility for services. Many report competing responsibilities while experiencing serious emotional, physical, and finance challenges.
    “Caregivers, like my father was, serve on the frontlines of our nation’s health care system by giving our families and friends the care and support they need to remain in their homes and communities with their loved ones,” said Senator Markey. “But caregivers are struggling needlessly to navigate complex, burdensome, and stressful processes each and every day while also still managing day-to-day family and professional responsibilities. The Alleviating Barriers for Caregivers Act will help lift the weight off caregivers by clearing the red tape that so often gets in their way. I thank Senator Capito and Representatives Magaziner and Cammack for their partnership on this critical legislation.”
    “More than 1 in 4 Americans over 50 are now caregivers. I was one of these caregivers for my parents during their struggle with Alzheimer’s disease and know personally how hard it can be to balance all of the responsibilities put on individuals caring for their loved ones,” Senator Capito said. “One of the most common frustrations I hear from caregivers in West Virginia is how difficult it is to navigate federal processes and procedures. The Alleviating Barriers for Caregivers Act would attempt to ease this often-stressful time by requiring federal agencies, such as the Centers for Medicare and Medicaid Services and Social Security Administration, to review their processes, procedures, forms, and communications to reduce the administrative burden on family caregivers.”
    “Family caregivers have a lot on their plates, devoting their lives to support others,” said Representative Magaziner. “They shouldn’t have to struggle with confusing paperwork and delays on top of their essential work. The bipartisan ABC Act will make it easier for families to get the support they need so caregivers can focus on what matters most — caring for their loved ones.”
    “America’s family caregivers work around-the-clock to provide essential care for their loved ones, and over half act as advocates on behalf of their family members. The last thing these caregivers need is more red tape that distracts from their support for those in their care,” said Representative Cammack. “I’m honored to introduce this bipartisan and bicameral ABC Act with my colleagues to lower the burden around the important medical decisions caregivers must make every day. Together we can support the 48 million caregivers that make up a critical part of our health care landscape in the U.S.”
    Cosponsors in the Senate include John Hickenlooper (D-Colo.), Cindy Hyde-Smith (R-Miss.), Richard Blumenthal (D-Conn.), Thom Tillis (R-N.C.), Amy Klobuchar (D-Minn.), Rick Scott (R-Fla.), Tammy Baldwin (D-Wisc.), Cynthia Lummis (R-Wyo.), Mark Kelly (D-Ariz.), Katie Britt (R-Ala.), Mazie Hirono (D-Hawaii), Mike Rounds (R-S.D.), Sheldon Whitehouse (D-R.I.), Bill Cassidy (R-La.), Chris Coons (D-Del.), and Eric Schmitt (R-Mo.).
    Cosponsors in the House include Jimmy Panetta (CA-19), Jeff Van Drew (NJ-02), Steve Cohen (TN-09), Nick Langworthy (NY-23), Sharice Davids (KS-03), Rob Wittman (VA-01), Josh Gottheimer (NJ-05), Jen Kiggans (VA-02), Jared Golden (ME-02), Greg Steube (FL-17), Deborah Ross (NC-02), August Pfluger (TX-11), Ed Case (HI-01), Nicole Malliotakis (NY-11), Debbie Wasserman Schultz (FL-25), Mike Lawler (NY-17), Darren Soto (FL-09), and Vern Buchanan (FL-16).
    The ABC Act is endorsed by: AARP, ADA Watch/Coalition for Disability Rights & Justice, Aging Life Care Association, Alliance for Aging Research, Alliance for Retired Americans, Allies for Independence, ALS Association, Alzheimer’s Foundation of America, American Academy of Nursing, American Association on Health and Disability, American Heart Association, American Network of Community Organizations and Resources (ANCOR), American Psychological Association Services, American Society for Transportation and Cellular Therapy, American Society on Aging, Association for Frontotemporal Degeneration, Association of University Centers on Disabilities, Autism Society of America, Autism Speaks, Caregiver Action Network, Caring Across Generations, Child Neurology Foundation, Christopher & Dana Reeve Foundation, Davis Phinney Foundation for Parkinson’s, Disability Rights Education and Defense Fund (DREDF), Diverse Elders Coalition, Elder Services of Berkshire County Inc., Elizabeth Dole Foundation, Family Caregiver Alliance, National Center on Caregiving, Fight Colorectal Cancer, Gerontological Society of America, Grayce, Greater Lynn Senior Services, Hispanic Federation, Huntington’s Disease Society of America, Japanese American Citizens League, Justice in Aging, Lakeshore Foundation, LeadingAge, LifePath, Lymphoma Research Foundation, Massachusetts Councils on Aging, Medical Alley, Mystic Valley Elder Services, National Academy of Elder Law Attorneys, National Adult Day Services Association, National Alliance on Caregiving, National Asian Pacific Center on Aging (NAPCA), National Association of Councils on Developmental Disabilities, National Council on Aging, National Committee to Preserve Social Security and Medicare, National Disability Rights Network, National Down Syndrome Congress, National Federation of Filipino American Associations, National Fragile X Foundation, National Health Council, National Partnership for Healthcare and Hospice Innovation, National Patient Advocate Foundation, National Respite Coalition, NMDP, OCA- Asian Pacific American Advocates, Paralyzed Veterans of America, Rosalynn Carter Institute for Caregivers, Senior Connection, Somerville-Cambridge Elder Services, Southeast Asian Resource Action Center (SEARAC), Speak Foundation, the Arc of the United States, The ERISA Industry Committee, The Michael J. Fox Foundation for Parkinson’s Research, Third Way, USAging, Village to Village Network, and Well Spouse Association.
    “Family caregivers are the backbone of our nation’s long-term care system, and they are overwhelmed managing their loved ones’ care,” said AARP Executive Vice President and Chief Advocacy and Engagement Officer Nancy LeaMond. “This bill would help alleviate bureaucratic red tape for family caregivers. AARP urges Congress to swiftly pass this important legislation.”
    “Millions of Americans struggle to care for loved ones while also navigating the red tape of Medicare, Medicaid, and Social Security. The Alleviating Barriers for Caregivers (ABC) Act will cut through that red tape, making it easier for families to access these vital programs. This means caregivers can spend less time fighting paperwork and more time providing essential care and taking care of themselves,” said Jason Resendez, President & CEO of the National Alliance for Caregiving.
    “Family caregivers provide over $600 billion in care each year, greatly benefiting the system and the person needing care, but are overburdened by navigating the health care system and all the paperwork that comes with it. Simplifying these processes improve the caregiver’s well-being, allow them more quality time with the person they care for, and could improve coordination with health and benefits systems,” said Christina Irving, Client Services Director at Family Caregiver Alliance.
    “Caregiver Action Network (CAN) strongly supports the Alleviating Barriers for Caregivers Act. CAN’s mission is to improve the quality of life for tens of millions of family caregivers, and this Act could help reduce their stress by making it easier to access the resources and information they need while caring for their loved ones,” said Marvell Adams Jr., CEO of Caregiver Action Network.
    “USAging is proud to support the Alleviating Barriers for Caregivers Act, a vital step in recognizing the selfless contributions of caregivers by addressing the challenges they face when providing care to their loved ones. This bill will help reduce stress and time spent helping loved ones access important benefits, supporting the overall well-being of caregivers. With the numbers of older Americans rising at a historic rate, family caregivers need more support, and they need it now,” said Sandy Markwood, CEO of USAging.
    “As an organization founded by a family caregiver, the Alzheimer’s Foundation of America (AFA) is pleased to support the Alleviating Barriers for Caregivers Act. Caring for a loved one with dementia is a 24/7 responsibility, and it becomes even more stressful trying to navigate the complexities of accessing benefits. Cutting administrative red tape and making it easier for caregivers to connect with programs, services, and assistance would alleviate a major stressor and expedite vital support to caregivers. AFA is grateful to Sen. Markey, Sen. Capito, Rep. Cammack, Rep. Magaziner, and all who support this legislation in Congress for working together to help family caregivers,” said Charles J. Fuschillo, Jr., President & CEO of the Alzheimer’s Foundation of America.
    “Caregivers of the Autism community frequently reach out to the Autism Society’s helpline, citing the complex navigation of critical services like Medicaid and Social Security as major obstacles to receiving care. The ABC Act would reduce this burden, allowing caregivers to focus on what matters most — supporting their loved ones,” said Christopher Banks, President and CEO of the Autism Society of America.
    “Helping older adults understand and complete documents for caregiver support is not only the right thing to do from a community perspective, but it is also significantly more cost-effective. Leveraging caregiver support avoids or delays more expensive long-term care options, such as nursing homes or assisted living facilities,” said Bill Zagorski, Board Chair for the National Adult Day Services Association. “Moreover, Adult Day Services play a significant role to caregivers. It assists with access to and reduces barriers to these vital programs as well as providing caregiver respite in order to allow aging adults, seniors and individuals with cognitive, physical, intellectual and/or developmental disabilities to age in place in their communities.”
    “Caregivers are the true backbone of our nation, offering unwavering support to those in need and often sacrificing their own well-being in the process. By supporting caregivers through this act, we are taking a vital step toward providing the long-overdue assistance they so desperately need. This legislation will help to alleviate the administrative burdens that many caregivers face on a daily basis, making their challenging roles more manageable. By reducing the overwhelming paperwork, navigating complex systems, and offering additional resources, we can ensure caregivers are able to focus more on the well-being of their loved ones, while receiving the support they need. This step is essential in recognizing and honoring the incredible work that caregivers do and ensuring they are equipped with the tools necessary to continue providing care with dignity and compassion,” said Elizabeth ‘Betsy’ Connell, Executive Director of Massachusetts Association of Councils on Aging (MCOA).
    In July 2024, Senator Markey celebrated the Senate Health, Education, Labor and Pensions Committee passage of his caregiving and Alzheimer’s provisions in the Older Americans Act Reauthorization Act of 2024. Earlier that month, Senator Markey announced his “Caring for Caregivers” agenda, a comprehensive legislative agenda which calls for the economic security, support and resources, and protection and promotion of family caregivers and their loved ones’ health and wellbeing. In June 2024, Senator Markey introduced the Elder Pride Act, legislation to establish an Office of LGBTQI Inclusion within the Department of Health and Human Services to advocate, coordinate activities, recommend policies for, and collect data on LGBTQI+ older adults.

    MIL OSI USA News –

  • MIL-OSI USA: Markey and Moulton Reintroduce legislation to Redesignate the Salem Maritime National Historic Site as the Salem Maritime National Historical Park

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Washington (March 31, 2025) – Senator Edward J. Markey (D-Mass.) and Congressman Seth Moulton (MA-06) have reintroduced legislation that would redesignate the Salem Maritime National Historic Site as the Salem Maritime National Historical Park. 
    Salem Maritime was established in 1938 as the first National Historic Site to be included in the National Park System. As Salem approaches the 400th anniversary of its founding, redesignating the site as a National Historical Park will help to attract more visitors to Salem and increase the preservation capacity of this storied city.
    “Redesignating Salem Maritime from a National Historic Site to a National Historical Park will reflect the growth of the nearly 9-acre district and its proper place in the Commonwealth’s—and our nation’s—­ history,” said Senator Markey. “The additional support garnered as a park will help Salem Maritime continue to preserve nearly 400 years of American history, including maritime history, American slavery, and the fight for freedom and justice. This redesignation will also help bring more visitors to Salem to learn from the city’s diverse past year-round, bolstering the local and regional economy and further enriching our cultural and historical understanding. This vital work of continuing to tell Salem’s full story, including uplifting Black history as a part of New England’s—and America’s—history, is needed now more than ever.”
    “Salem Maritime contains more than a single historical feature. In fact, the stories at Salem Maritime span more than four centuries of American History, with recent scholarship uncovering connections related to slavery, emancipation, Black activism, and entrepreneurship,” said Congressman Moulton. “Increasing visitation to Salem Maritime is important for supporting Salem’s tourism economy, especially since the historical themes of Salem Maritime encourage people to visit beyond just the month of October.”
    “This legislation is important because it will highlight the historic significance of Salem beyond the 1692 Witch Trials,” said Annie Harris, CEO of Essex Heritage, the regional nonprofit that partners with the National Park Service on programs and visitor services in Salem and Saugus. “And, it will help attract more visitors to the city during its 400th anniversary and the 250th anniversary of the American Revolution in 2026.”
    “As a former Mayor and proud daughter of a Navy veteran, I strongly support Senator Markey and Congressman Moulton’s efforts to redesignate Salem Maritime as a National Historical Park. This would be a testament to the sacrifice made by those who served our country and the legacy of leadership that has shaped our shores,” said Massachusetts Lieutenant Governor Kim Driscoll. “I hope that we can reaffirm Salem’s legacy by preserving this land for future generations, and ensuring that the stories of courage, resilience and service remain etched in Massachusetts history.”
    Salem Maritime encompasses nine acres of land and twelve historic structures. Its downtown visitor center introduces thousands of visitors to Salem and to the Essex National Heritage Area. 
    The legislation would also require that the Secretary of the Interior conduct a Special Resourc Study of sites associated with maritime history, military history, and coastal defense in Salem and its vicinity. This would allow the National Park Service to assess worthy possible additions to the Historical Park.
    Last year, the bill received unanimous support from the House Natural Resources Committee, and it passed the Senate in December 2024. Unfortunately, the House didn’t have time to vote on it before the session of Congress ended.

    MIL OSI USA News –

  • MIL-OSI USA: Markey, Wyden, Merkley and Van Hollen Introduce Legislation to Protect Americans Against Musk, DOGE and Other Unauthorized Access to Sensitive Personal Information

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    The Privacy Act Modernization Act would empower Americans to sue officials for misuse of their data and federal systems
    Washington (March 31, 2025) – Senators Edward J. Markey (D-Mass.) and Ron Wyden, (D-Ore.), today introduced legislation to protect Americans against Elon Musk, DOGE and other officials illegally accessing stores of personal data held by the government, including social security numbers, medical history, financial data and other sensitive information. The Privacy Act Modernization Act would make it easier for Americans to sue officials for violations and would increase the penalties for such violations.
    The bill is co-sponsored by Senators Jeff Merkley (D-Ore.), and Chris Van Hollen, (D-Md.).
    Since Trump took office, DOGE officials have reportedly accessed highly sensitive government databases at agencies, including Social Security, Medicare and Medicaid and the Internal Revenue Service, under flimsy justifications and with little oversight.
    “Over 50 years ago, Congress passed the Privacy Act to protect the public against the exploitation and misuse of their personal information held by the government,” said Senator Markey. “Today, with Elon Musk and the DOGE team recklessly seeking to access Americans’ sensitive data, it’s time to bring this law into the digital age. I’m proud to partner with Senator Wyden on the Privacy Act Modernization Act to close loopholes and increase penalties in the law. The federal government should be a steward of our privacy–not a source of surveillance.”
    “The seizure of millions of Americans’ sensitive information by Trump, Musk and other MAGA goons is plainly illegal, but current remedies are too slow and need more teeth,” said Senator Wyden. “The Privacy Act was part of our country’s response to the FBI abusing its access to revealing sensitive records on the American people. Our bill defends against new threats to Americans’ privacy and the integrity of federal systems, and ensures individuals can go after the government when officials break the law, including quickly stopping their illegal actions with a court order.”
     “Elon Musk and his minions have no business riffling through your personal data,” said Senator Merkley. “Our bill protects millions of Americans who count on the federal government to safeguard sensitive personal information included on taxes, student loans, and disaster assistance.”
    “Elon Musk and his DOGE cronies are illegally raiding federal agencies, and in the process gaining access to troves of Americans’ sensitive personal data – from Social Security numbers to medical records to bank account information,” said Senator Van Hollen. “This legislation will strengthen our ability to safeguard that private information by expanding the means of holding violators accountable, including by stiffening penalties for those who unlawfully access it. By sharpening these tools and penalties, we can better deter this abuse.”
    The Electronic Information Privacy Center and Public Citizen both endorsed the legislation.
    The Privacy Act of 1974 required agencies to disclose what personal data they collect and why, limited how officials could use or share that data, and created remedies for when the government held incorrect data about a person or otherwise broke the rules. This legislation was passed in light of the Watergate and Counterintelligence Program (COINTELPRO) scandals, which involved illegal government surveillance that undermined public trust and American democracy. The Privacy Act Modernization Act would make key updates to further protect government databases storing personal information against Trump and Musk’s ongoing abuses of Americans’ privacy and our democracy.
    Given the Privacy Act was created half a century ago, this bill would update the law’s coverage, close loopholes and strengthen protections to support millions of Americans who have been harmed by Trump and Musk’s recent invasion by:
    Increasing civil and criminal penalties for violations of the Privacy Act, including making it a felony to disclose records for personal gain, malicious harm, or commercial advantage, punishable by fines of up to $250,000 and ten years in prison.
    Strengthening court authority to stop programs and actions while lawsuits are pending, and allowing Americans to recover for a range of damages, including the mental and emotional distress caused by privacy violations.
    Modernizing the law to cover any information that identifies or is linked or reasonably linkable to an individual or a device that is linked or reasonably linkable to an individual.
    Limiting information sharing to the minimum necessary for a legally authorized purpose, and only if consistent with what an agency previously stated they would use records for.
    Narrowing the so-called “routine use” exception for sharing information by further requiring that “routine use” disclosures be “appropriate and reasonably necessary.”
    The full text of the bill is available here. The one-page summary is here.

    MIL OSI USA News –

  • MIL-OSI USA: Sen. Markey, Rep. Ansari Introduce Legislation to Help Families Pay their Heating and Cooling Bills

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey
    Legislation would provide urgently needed relief for families as energy prices rise 
    Bill Text (PDF) | Section-by-Section (PDF)
    Washington (March 31, 2025) — Senator Edward J. Markey, a member of the Environment and Public Works Committee, and Representative Yassamin Ansari (AZ-03) today reintroduced the Heating and Cooling Relief Act, bold legislation to significantly expand and modernize the severely underfunded Low Income Home Energy Assistance Program (LIHEAP). The bill would ensure year-round access to affordable and reliable heating and cooling for lower-income households who experience disproportionately high energy burdens.
    Despite the urgent need for relief, in 2023, only about 18 percent of income-eligible households received LIHEAP assistance, with less than 3 percent of eligible households receiving cooling assistance. Meanwhile, low-income families spend nearly three times more on energy bills than non-low-income households, and nearly one in six households are behind on their utility bills. The Heating and Cooling Relief Act would deliver critical energy assistance to millions more households, protecting families from utility shutoffs and empowering states to address the growing threat of climate-fueled extreme heat and cold.
    “No one should have to choose between turning the heat on in the winter and putting food on the table, but that’s a sacrifice more and more families are forced to make, especially as the climate crisis exacerbates extreme weather,” said Senator Markey. “Our Heating and Cooling Relief Act would significantly expand LIHEAP so that energy assistance is available to all those who need it. It would also protect consumers from predatory practices and utility shutoffs, and boost emergency energy assistance and access to life-saving cooling relief. I will keep fighting to ensure that every household can afford the energy they need to stay healthy and safe—and to support a just transition away from fossil fuels.”
    “No one should have to make sacrifices around paying for food, rent, or essential medication to keep air conditioning on in the summer and heat on in the winter,” said Rep. Yassamin Ansari. “In Arizona, this is a matter of life or death. Last year, over 600 people died from extreme heat, and Phoenix already broke our own record for the first 99-degree day of the year. Our Heating and Cooling Relief Act will expand LIHEAP so that every family can afford their energy bills – in Maricopa County, this will literally save lives.”
    The Heating and Cooling Relief Act is cosponsored by Senators Richard Blumenthal (D-Conn.), Lisa Blunt Rochester (D-Del.), Cory Booker (D-N.J.), Kirsten Gillibrand (D-N.Y.), Alex Padilla (D-Calif.), Bernie Sanders (I-Vt.), Chris Van Hollen (D-Md.), Elizabeth Warren (D-Mass.), Sheldon Whitehouse (D-R.I), and Ron Wyden (D-Ore.), and Representatives Nannette Barragán (CA-44), Wesley Bell (MO-01), Andre Carson (IN-07), Troy Carter (LA-02), Kathy Castor (FL-14), Sheila Cherfilus-McCormick (FL-20), Emanuel Cleaver (MO-05), Steve Cohen (TN-09), Jasmine Crockett (TX-30), Danny K. Davis (IL-07), Diana DeGette (CO-01), Lloyd Doggett (TX-37), Dwight Evans (PA-03), Cleo Fields (LA-06), Jared Huffman (CA-02), Hank Johnson (GA-04), Ro Khanna (CA-17), Summer Lee (PA-12), LaMonica McIver (NJ-10), Grace Meng (NY-06), Gwen Moore (WI-04), Kevin Mullin (CA-15), Eleanor Holmes Norton (DC-AL), Alexandria Ocasio-Cortez (NY-14), Ilhan Omar (MN-05), Brittany Pettersen (CO-07), Delia Ramirez (IL-03), Linda Sánchez (CA-38), Jan Schakowsky (IL-09), Adam Smith (WA-09), Shri Thanedar (MI-13), Bennie Thompson (MS-02), Dina Titus (NV-01), Rashida Tlaib (MI-12), Bonnie Watson Coleman (NJ-12).
    “On behalf of the National Energy Assistance Directors Association, I applaud Senator Markey’s introduction of the Heating and Cooling Relief Act of 2025. Senator Markey was a cosponsor of LIHEAP when it began as a temporary program in 1981 and has played a key role in transforming it into the successful program that it is today. This bill will transform LIHEAP into a program that provides year-round energy assistance, recognizing that access to cooling is now as essential as heating for low-income families. No family should have to struggle between paying their home energy bill or food, clothing, and medicine, and this bill will help protect families from having to make that difficult decision,” said Mark Wolfe, Executive Director at the National Energy Assistance Directors Association.
    “This ambitious bill shines a spotlight on the energy affordability challenges faced by low-income families who urgently need access to LIHEAP,” said Olivia Wein, Senior Attorney at the National Consumer Law Center. “We look forward to working with parties to refine this legislation and focus its impact on people with the greatest need.”
    “As extreme heat and climate chaos continue to intensify year after year, millions of families are grappling with the real-life, devastating consequences. These unnatural events are killing people and making them sick in their own homes. Our communities, many of whom don’t own housing and are struggling with the rising cost of living, should not have to risk their lives to avoid extremely high energy bills. In this critical moment, to save lives and strengthen climate resilience in vulnerable communities, access to essential heating and cooling relief is both a necessity and a right,” said Caleb Smith, Resiliency Coordinator at WE ACT for Environmental Justice.
    “As extreme heat becomes increasingly dangerous with longer, more frequent, and more intense heat waves every year, it is critical people can protect themselves from unhealthy and potentially deadly home temperatures. The risk of heat-related illness, injury, and death is particularly high for families and older adults who don’t have air conditioning or can’t afford to run it. The Heating and Cooling Relief Act would help people stay safe by making crucial investments in efficient and affordable home cooling strategies. Extreme heat events kill more people than any other type of severe weather or climate disaster, but Congress can prevent some of these deaths by passing the Heating and Cooling Relief Act,” said Jill Rosenthal, Director of Public Health Policy at the Center for American Progress.
    “Too many households face a terrible choice when summer temperatures soar. Feed the kids? Pay the rent? Or stay safe from deadly heat? This critical bill will alleviate that burden by helping low-income households keep their power on and make their homes more weatherproof and energy efficient. It will also refill a long-empty emergency contingency fund, giving states an important backstop in an increasingly extreme climate,” said Juanita Constible, Senior Advocate at the Natural Resources Defense Council.
    “In the richest country in the world, no kid should have to go to bed freezing cold because their family can’t afford to keep the heat up. No one should die in their own home during heat waves because they can’t afford air conditioning. This legislation is a vital step towards lowering the cost of living for working people and ensuring every American has a safe and healthy home. It shows that tackling the climate crisis goes hand in hand with helping working people,” said Sunrise Movement Executive Director Aru Shiney-Ajay.
    “Expanding federal funding to help families afford to pay their energy bills is essential as tens of millions of American families continue to experience punishing energy burdens. President Trump’s chaotic disruption of our economy and his gutting of indispensable government programs has resulted in a crisis of energy affordability. This legislation is vitally important to ensure that American families can afford essential energy service under Trump’s disastrous economy,” said Tyson Slocum, Energy Program Director at Public Citizen.
    “No American family should have to skip heating or cooling their home to a safe and comfortable temperature just to make ends meet. The Heating and Cooling Relief Act is a commonsense update to an essential program that keeps our lights on, protects the vulnerable, and ensures we’re prepared for growing energy demand and worsening disasters. Strengthening LIHEAP is about fiscal, moral, and national responsibility. At a time of rising costs and extreme weather, this bill brings overdue reforms that put working families first, cut red tape, and modernize our response to energy emergencies. The Sierra Club is proud to support it,” said Xavier Boatright, Deputy Legislative Director at Sierra Club.
    Specifically, the Heating and Cooling Relief Act would:
    Substantially increase LIHEAP funding to ensure year-round assistance, including an additional $2 billion for emergency energy assistance and $1 billion in Just Transition Grants to help vulnerable households adapt to a changing climate;
    Broaden eligibility so that households earning up to 250 percent of the Federal Poverty Line or 80 percent of State Median Income can qualify, while ensuring lower energy burdens for lower-income households and capping household energy burdens at 3 percent of monthly income;
    Protect consumers from utility shutoffs, excessive late fees, and predatory energy practices that disproportionately impact vulnerable communities;
    Expand emergency assistance, ensuring extreme heat and cold are recognized as qualifying emergencies and that states can provide vital cooling relief;
    Increase funding for weatherization and home electrification, to help low-income households reduce energy costs, improve health and safety, and transition to clean, resilient energy systems;
    Streamline enrollment and outreach, improving coordination with other federal programs and increasing access through automatic enrollment and simplified verification; and
    Strengthen reporting requirements to better track affordability, equity, and climate resilience outcomes.
    The Heating and Cooling Relief Act is endorsed by National Energy Assistance Directors Association (NEADA), Center for Energy Poverty and Climate, Public Citizen, Sunrise Movement, Green & Healthy Homes Initiative, Center for American Progress, Sierra Club, Citizens for Citizens, American Council for an Energy Efficient Economy (ACEEE), Natural Resources Defense Council (NRDC), National Housing Law Project (NHLP), National Consumer Law Center (NCLC), Energy Coordinating Agency (ECA), Citizens Action Coalition, WE ACT, The Utility Reform Network (TURN), Climate Resolve, Indiana Conservation Voters, Fair Housing Center of Central Indiana, Action for Boston Community Development (ABCD), Elevate, Evergreen Action, Center for Biological Diversity, Local Initiatives Support Corporation (LISC), Climate and Community Institute, Federation of American Scientists (FAS), Solar United Neighbors Action, North Carolina Justice Center, Creation Care Partners, Faith in Place Action Fund, National Center for Healthy Housing (NCHH), Direct Action Against CenterPoint Energy (DAACE), Energy for All Coalition, Indiana Environmental Clean Energy J40 Corporation,  Office of the People’s Counsel – District of Columbia Government, Arizona Sustainability Alliance.
    Senator Markey is a champion for energy access, affordability, and reliability. In March 2025, he hosted a roundtable with Massachusetts LIHEAP providers, consumer advocates, and national energy assistance organizations to discuss the urgent need to strengthen and expand LIHEAP. In July 2024, Senator Markey and several New England Senators sent a letter to the Department of Energy urging it to consider the disproportionate negative impacts of LNG on New England—especially on energy prices—in its underlying environmental and economic analyses for LNG export authorization decisions. In December 2023, Senator Markey led a letter urging the Federal Trade Commission to immediately intervene, investigate, and rigorously enforce consumer protection laws against certain electric supply companies. In October 2023, he celebrated the release of $130 million in LIHEAP funding for Massachusetts, helping residents afford winter heating costs. Additionally, he has pushed for greater investments in home efficiency and electrification to help low-income families reduce their energy burdens. He originally introduced the Heating and Cooling Relief Act with Representative Jamaal Bowman in January 2022.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Colleagues Introduce Bill to Make the Feral Swine Eradication Program Permanent

    US Senate News:

    Source: United States Senator for Texas John Cornyn
    WASHINGTON – U.S. Senators John Cornyn (R-TX), Ben Ray Luján (D-NM), Tommy Tuberville (R-AL), Raphael Warnock (D-GA), Katie Britt (R-AL), and Jon Ossoff (D-GA) today introduced the Feral Swine Eradication Act, which would extend and make permanent a pilot program to safeguard public health, agriculture, and local ecosystems against the threat of feral swine:  
    “Feral hogs can inflict serious economic and environmental damage to our agricultural communities by destroying crops, trampling farmland, and threatening other livestock,” said Sen. Cornyn. “This legislation would support our farmers, ranchers, and producers in Texas and across the country by promoting removal and restoration efforts to mitigate the risk posed by this invasive species.”
    “New Mexico’s farmers, ranchers, and producers play a vital role in supporting our state’s economy and it’s critical that their crops and livestock are protected from harm,” said Sen. Luján. “Feral hogs pose serious threats to New Mexico’s agriculture industry by disrupting their land, killing plants, and increasing the chance for unwanted weeds. That’s why I’m proud to introduce bipartisan legislation that safely removes feral swine and protects New Mexico’s critical agricultural communities.”
    “Feral swine are a serious threat to the livelihoods of Alabama’s farmers. Feral hogs destroy crops, land, and undo months, if not years, of work by our farmers to feed our country,” said Sen. Tuberville. “Feral swine cause an estimated $50 million in damages annually to Alabama. Despite eradication efforts, the pigs are still running rampant throughout the South. And so today, I’m standing with Alabama farmers and taking action to fight back against this threat.”
    “In Georgia, feral hogs have been responsible for over $150 million a year in economic damage for our farmers. They destroy crops, damage pastures, and devastate livestock and horticulture,” said Sen. Rev. Warnock. “As a voice for Georgia farmers on the Senate Agriculture committee, I am committed to protecting this program to provide farmers and workers on the frontlines of our agriculture industry with the tools and resources needed to combat this destruction.”
    “I remain committed to supporting Alabama’s incredible farmers, including by addressing the devastating economic and environmental impacts of feral swine.  The Feral Swine Eradication Act would establish a permanent program to eliminate this threat,” said Sen. Britt. “I’m proud to introduce federal legislation to help mitigate the estimated $50 million in agricultural damage caused in our state each year and protect the livelihoods of farmers who continue to feed and clothe our nation.”
    Background:
    There are approximately six million feral hogs across the United States, which cause more than $2.5 billion in damages each year. The Feral Swine Eradication and Control Pilot Program (FSCP) was established in the 2018 Farm Bill to respond to rampant feral swine outbreaks and was implemented by the Natural Resources Conservation Service (NRCS) and the Animal and Plant Health and Inspection Service (APHIS). This program included feral swine removal by APHIS, restoration efforts supported by NRCS, and assistance to producers for feral swine control through grants with non-federal partners. NRCS and APHIS successfully carried out these pilot projects in ten states.
    This legislation is endorsed by the Texas Farm Bureau, Plains Cotton Growers, Texas Cattle Feeders Association, and Texas & Southwestern Cattle Raisers Association.

    MIL OSI USA News –

  • MIL-OSI China: Tajik, Kyrgyz and Uzbek presidents sign historical treaty to boost regional cooperation

    Source: China State Council Information Office 3

    Tajik President Emomali Rahmon (C), Kyrgyz President Sadyr Japarov (L) and Uzbek President Shavkat Mirziyoyev hold a trilateral meeting in Khujand, Tajikistan, March 31, 2025. [Photo/Xinhua]

    The presidents of Tajikistan, Kyrgyzstan and Uzbekistan signed a treaty on the junction point of their national borders in Khujand, Tajikistan’s second-largest city, on Monday.

    According to the Tajik presidential press service, Tajik President Emomali Rahmon, Kyrgyz President Sadyr Japarov and Uzbek President Shavkat Mirziyoyev held a trilateral meeting in Khujand to formalize the agreement.

    Rahmon called the treaty’s signing “a highly symbolic” event, highlighting its significance for the three countries. He said that Tajikistan deeply values its relations with Kyrgyzstan and Uzbekistan, which are founded on the principles of good neighborliness, equality, mutual respect and the consideration of each other’s interests. The comprehensive development of relations among the three countries is one of the priorities in Tajikistan’s foreign policy, according to a statement from the Tajik presidential office.

    The leaders discussed key issues related to regional cooperation, underscoring the need to strengthen neighborly relations, advance joint infrastructure and economic projects, and expand the region’s tourism potential, according to a statement from the Kyrgyz presidential office.

    Japarov said that regional integration is progressing well and that enhancing cooperation across various sectors will be critical to achieving sustainable development and prosperity in Central Asia.

    Mirziyoyev extended his congratulations to Tajikistan and Kyrgyzstan for successfully resolving border-related issues and signing the delimitation treaty. He said the agreement would foster regional stability, promote sustainable development, and raise the international standing of the entire region.

    In addition to the trilateral discussions, Rahmon and Mirziyoyev held a one-on-one meeting, during which they signed a protocol to exchange instruments of ratification for the treaty on allied relations between Tajikistan and Uzbekistan.

    The meeting, conducted in an atmosphere of friendship and brotherhood, concluded with the exchange of these historic documents, officially bringing the treaty into force. The treaty was initially signed during a high-level bilateral summit in Dushanbe on April 18, 2023.

    Meanwhile, Rahmon and Japarov also signed a protocol to exchange the ratification instruments for the border treaty between Tajikistan and Kyrgyzstan. The two leaders engaged in comprehensive discussions on cooperation in trade, economy, energy, culture and humanitarian affairs, culminating in the signing of the protocol, which finalized the agreement.

    The border between Tajikistan and Kyrgyzstan stretches approximately 970 km, and delimitation talks began in 2002. Since the autumn of 2022, the two countries have conducted intensive negotiations, successfully finalizing the border’s delineation in December 2024. 

    MIL OSI China News –

  • MIL-OSI New Zealand: Energy – New Zealanders have new rights as power consumers

    Source: Electricity Authority Te Mana Hiko

    From today, New Zealanders have new rights as power consumers under the Electricity Authority Te Mana Hiko’s (the Authority) Consumer Care Obligations (the Obligations). These new rules significantly increase the support people can expect from their power retailer – to help them find the best plan for their needs, understand their power use, manage bills, and stay connected.

    Authority General Manager Retail and Consumer Andrew Millar says the obligations set customer care standards that all power companies must follow, and New Zealanders can rely on.

    “The new rules include requirements for respectful communication, protection for vulnerable consumers, and fair and reasonable fees. Retailers have indicated to us that they are ready to meet these obligations, and our new retail monitoring regime means we’re ready to ensure that happens.

    “Now we want all New Zealanders to know what they can rightfully expect from their power retailer, and who to turn to if they do have a problem,” says Millar. “We’ve published this information on yourpower.co.nz

    “Kiwi households rely on electricity and deserve to receive a consistent and reliable level of customer care. With lines charges going up this year, it was particularly important to us that the Obligations are fully effective well before winter. We’ll keep an open mind about whether further strengthening of the rules is required as the Obligations are bedded-in, and we monitor for compliance and consumer outcomes.”

    The Authority advises anyone having trouble with their power provider to first contact their retailer but highlights that Utilities Disputes UDL.co.nz is the place to go for help with power related complaints.

    “Power companies are on board with the new Obligations and have worked quickly over the past four months to ensure they’re ready to comply,” Millar says. “But if you have a problem you can’t solve with them directly, you can contact UDL, who provide a free, independent service to resolve complaints between consumers and their power or gas company.”

    Support and resources for the Consumer Care Obligations are available on the Electricity Authority’s website www.yourpower.co.nz

    UDL can be contacted online at udl.co.nz or on 0800 22 33 40

    SUMMARY OF THE NEW CONSUMER CARE OBLIGATIONS

    What do the Consumer Care Obligations mean for you, and what should you do if you need support?

    What are the Consumer Care Obligations?

    The Consumer Care Obligations are minimum standards that all power companies must follow when supplying electricity to residential consumers. These obligations provide: 

    • stronger customer protections, especially for those in vulnerable situations
    • fair and respectful treatment from power companies 
    • better support for consumers experiencing financial difficulty
    • clear, transparent pricing with no unfair fees. 

    How do they protect me as a consumer?

    The Consumer Care Obligations set clear rules to ensure fairness and support for all electricity consumers. These include:

    • Protection for vulnerable customers. If you are experiencing financial hardship or rely on electricity for medical reasons, power companies must work with you to keep your power on.
    • Respectful communication. Power companies must engage with customers in a supportive and helpful manner.
    • Fair and reasonable fees.  Power companies cannot charge excessive or hidden fees. Fees must be transparent and reasonable and based on actual costs.

    What should I expect from my power company?

    Power companies are required to provide positive, practical advice on reducing bills and tailored payment plans if you are experiencing payment difficulties. You should also expect:

    • Clear communication about your energy use and bills
    • Flexible payment options if you are experiencing financial difficulties
    • Support to avoid disconnection, including tailored solutions to help you pay your bill over time.

    Your power company should support you to stay connected and avoid debt. You should expect proactive communication and referrals to support services as disconnection should be a last resort.

    What rights do I have when it comes to fees?

    Power companies must charge fair and cost-reflective fees. This means:

    • No excessive or hidden charges
    • Not using fees as a penalty (such as excessive late payment fees) 
    • No unexpected fees.

    Can my power company disconnect me?

    Your electricity provider must follow a set process before they disconnect you, which includes giving you time to pay any outstanding debt. Seek help if you need it and discuss options with your power company to manage your power costs to avoid disconnection. 

    Your power company cannot disconnect your power if they are aware that you or someone in your household is medically dependent on electricity. To ensure this protection, it is important to:

    • Inform your power company if someone in your household relies on medical equipment powered by electricity
    • Work with your provider to ensure they have the correct details recorded.

    What can I do if I’m struggling to pay my bill?

    If you are having trouble paying your electricity bill, it is important to contact your power company as soon as possible.

    Power companies are required to:

    • Offer flexible payment plans to help you manage your bills 
    • Provide information to assist with energy-efficiency 
    • Suggest suitable pricing plans based on your needs.

    The sooner you reach out, the more your power company will be able to do to help you stay connected.

    What if I’m not happy with my power company’s service?

    If you are unhappy with how your power company is treating you, there are steps you can take:

    1. Contact your power company and give them time to solve the problem
    2. If you are still unhappy, you can contact Utilities Disputes Resolution (UDL), who provide a free, independent service to resolve complaints about electricity and gas.

    If you or UDL have a serious concern about a power company’s behaviour, the Electricity Authority will investigate. 

    If you believe your power company is not meeting its Consumer Care Obligations, you can also raise a concern with the Electricity Authority. 

    We encourage you to first contact your power company and UDL as they may be able to resolve your issue more quickly. 

    How does the Electricity Authority ensure these rules are followed?

    The Electricity Authority monitors power companies to ensure they follow the Consumer Care Obligations. If a power company fails to meet these rules, the Authority will take appropriate action to enforce compliance.

    Most power companies aim to do the right thing, but consumers should know their rights and speak up if they are not receiving fair treatment.

    Learn more about your power and consumer rights at www.yourpower.co.nz 

    MIL OSI New Zealand News –

  • MIL-OSI USA: Shaheen Visits Derry Bakery, Highlights Harm from Trump’s Sweeping Tariffs on Canada

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen
    (Derry, NH) – Today, U.S. Senator Jeanne Shaheen (D-NH) visited Chatila’s Bakery & Ice Cream to discuss the harmful impact of President Trump’s sweeping tariffs on Canada—New Hampshire’s largest trading partner. Following the tariff announcement, many of the bakery’s contracts with retailers in Canada were cancelled. You can view photos from the event here.
    “What I heard today is what I’ve heard from too many small businesses across New Hampshire; these tariffs, and the threat of more tariffs, are causing real harm to the Granite State,” said Senator Shaheen. “The ongoing uncertainty creates a real challenge, particularly for small businesses who have more trouble being able to weather hard times than big business. And in New Hampshire that means higher prices, fewer jobs and a weaker economy.” 
    Mohamad Chatila has owned and operated Chatila’s Sugar Free Bakery for 38 years, with a particular focus on providing diabetic-friendly and dietary restriction-friendly baked goods. In addition to a retail store in Salem, Chatila operates a wholesale production facility in Derry. The bakery exports 85% of its wholesale products to Canadian companies; however, many of these contracts have been terminated by Canadian buyers due to recent tariffs imposed by the Trump Administration. At this time last year, Chatila’s Bakery employed 15 individuals at its wholesale facility to manage order fulfillment, but due to the economic challenges including those posed by tariffs, the bakery has reduced its workforce to just two employees. 
    Senator Shaheen is leading efforts in Congress to mitigate the harmful impacts of President Trump’s tariffs including through her Protecting Americans from Tax Hikes on Imported Goods Act which would limit the President’s ability to leverage sweeping tariffs that increase costs for American consumers and families. Her effort to pass this bill by unanimous consent was blocked by Senate Republicans. In recent weeks, Shaheen has traveled across the Granite State to visit businesses including C&J, DCI Furniture, Mount Cabot Maple and American Calan Inc. to hear directly from Granite Staters impacted by the looming tariffs. 

    MIL OSI USA News –

  • MIL-OSI: LPL Financial Announces Pricing of Its Common Stock Offering

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, March 31, 2025 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (NASDAQ: LPLA) (together with its subsidiaries, including LPL Financial LLC, “LPL Financial” or “LPL”) today announced the pricing of an underwritten public offering of 4,687,500 shares of its common stock at a price to the public of $320.00 per share. LPL also granted the underwriters a 30-day option to purchase up to an additional 703,125 shares of its common stock at the public offering price, less underwriting discounts and commissions. The offering is expected to close on April 2, 2025, subject to satisfaction of customary closing conditions.

    Morgan Stanley & Co. LLC is acting as sole active book-running manager for the offering. BofA Securities, Inc., Citigroup, Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC, BTIG, LLC and Truist Securities, Inc. are acting as joint book-running managers for the offering. M&T Securities, Inc., Capital One Securities, Inc., Huntington Securities, Inc., Barclays Capital Inc., CIBC Capital Markets, Wolfe | Nomura Alliance, Keefe, Bruyette & Woods, A Stifel Company, Rothschild & Co US Inc., William Blair & Company, L.L.C., Academy Securities, Inc. and Samuel A. Ramirez & Company, Inc. are acting as co-managers for the offering.

    LPL intends to use the net proceeds of this offering to fund a portion of the cash consideration payable in connection with its previously announced proposed acquisition of Commonwealth Financial Network (the “Transaction”) and, to the extent that any proceeds remain thereafter, or if the Transaction is not completed, for general corporate purposes. In addition to the net proceeds from this offering, LPL expects to use available cash and other borrowings to fund the purchase price for the Transaction.

    The securities described above are being offered by LPL pursuant to its shelf registration statement on Form S-3 that was previously filed with the Securities and Exchange Commission (the “SEC”), which became effective on March 25, 2025. A preliminary prospectus supplement and accompanying prospectus relating to the proposed offering has been filed with the SEC and a final prospectus supplement relating to the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Copies of the preliminary prospectus supplement, the final prospectus supplement and accompanying prospectus relating to the proposed offering may also be obtained, when available, from Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, 2nd Floor, New York, NY 10014, or email: prospectus@morganstanley.com. Before you invest, you should read the prospectus in the shelf registration statement and the prospectus supplement for more complete information about LPL and the offering.

    This press release is neither an offer to sell nor a solicitation of an offer to buy any of the common stock or any other security of LPL, nor shall there be any sale of the common stock in any jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

    “Wolfe | Nomura Alliance” is the marketing name used by Wolfe Research Securities and Nomura Securities International, Inc. in connection with certain equity capital markets activities conducted jointly by the firms. Both Nomura Securities International, Inc. and WR Securities, LLC are serving as underwriters in the offering described herein. In addition, WR Securities, LLC and certain of its affiliates may provide sales support services, investor feedback, investor education, and/or other independent equity research services in connection with this offering.

    About LPL Financial
    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports nearly 29,000 Financial Advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of approximately 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that Advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses.

    Securities and advisory services offered through LPL Financial LLC, a registered investment advisor and broker-dealer, member FINRA/SIPC.

    Throughout this communication, the terms “Financial Advisors” and “Advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial LLC.

    Forward-Looking Statements
    Certain of the statements included in this release, such as those regarding the timing of completion of the offering and the anticipated use of proceeds therefrom, constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “plans,” “assumes,” “estimates,” “projects,” “intends,” “should,” “will,” “shall” or variations of such words are generally part of forward-looking statements. Applicable risks and uncertainties include those related to market conditions and satisfaction of customary closing conditions related to the proposed public offering. There can be no assurance that we will be able to complete the public offering on the anticipated terms, or at all. Certain additional important factors that could cause actual results or the timing of events to differ, possibly materially, from expectations or estimates expressed or implied in such forward-looking statements can be found in the “Risk Factors” section included in LPL Financial’s most recent Annual Report on Form 10-K. Except as required by law, LPL Financial does not undertake to update any particular forward-looking statement included in this document as a result of developments occurring after the date of this press release.

    Contacts

    LPL Media Relations
    media.relations@lplfinancial.com

    LPL Investor Relations
    investor.relations@lplfinancial.com

    The MIL Network –

  • MIL-Evening Report: Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk

    Source: The Conversation (Au and NZ) – By David Dempsey, Associate Professor in Natural Resources Engineering, University of Canterbury

    Shutterstock/donvictorio

    New Zealand’s North Island features a number of geothermal systems, several of which are used to generate some 1,000 MegaWatts of electricity. But deeper down there may be even more potential.

    The government is now investing NZ$60 million to explore what is known as “supercritical” geothermal energy, following five years of feasibility research led by GNS Science.

    Supercritical geothermal is hotter and deeper than conventional geothermal sources. It targets rocks between 375°C and 500°C, close to – but not within – magma.

    Water at these temperatures and depths has three to seven times more energy for conversion to electricity, compared to ordinary geothermal generation at comparatively cooler temperatures of 200°C to 300°C.

    The investment is staged, with $5 million earmarked for international consultants to design a super-deep well, and further funds to be released later for drilling to depths of up to six kilometres. Consultation is underway, with resources minister Shane Jones hoping to convince Māori landowners to collaborate.

    New Zealand already produces 1,000MW of electricity from conventional geothermal sources.
    Shutterstock/Chrispo

    GNS Science estimates the central North Island might have about 3,500MW worth of this resource, although actually accessing it might be difficult and expensive. The energy consulting firm Castalia was engaged to predict how much would be worth developing, suggesting between 1,300MW and 2,000MW, starting from 2037.

    This would be a lot of extra power. Even better, it would reduce the peaks and troughs in generation that arise from more variable solar and wind sources, which are expected to make up a growing share of electricity generation in the future. Supercritical geothermal is reportedly cost effective, which means the technology deserves serious consideration. But such claims should be subject to scrutiny.

    Successive governments have supported major state energy projects, including the Manapouri power station, petroleum exploration during the early 2000s, early geothermal drilling and the investigation of a pumped hydro scheme at Lake Onslow. The need for energy security clearly motivates such investments.

    But New Zealand has a healthy geothermal industry. In the past two decades, geothermal companies have invested $2 billion in hundreds of new wells and new power plants. The industry already knows how to drill wells and profit from them. So why is the government stepping in now?

    In practice, supercritical geothermal exploration and development faces several research, technical and economic risks. Private enterprise seems unwilling to bear them alone, prompting the government to step in to establish feasibility.

    How to crack soft rock

    One problem supercritical geothermal might encounter is that drilling deeper might find lots of hot rock, but not much water. Drilling experiments in Japan and Italy have shown that reaching 500°C is possible, but in both cases the rock was so ductile (pliable and easily stretched) because of the high temperatures that it couldn’t keep open the gaps needed for water to flow.

    However, the experience was different in Iceland where two wells managed to find water above 400°C. At this stage, it’s not clear whether this is because Iceland has special rocks – particularly basalts, which are less ductile – or because the country is being stretched through tectonic forces at a high rate. New Zealand is less able to count on basalts but it does experience rapid tectonic stretching.

    Deep drilling would test this key hypothesis: is there permeability (gaps for water to flow through) at supercritical conditions? The only way to know for sure is to drill down.

    If there isn’t permeability, the government could either abandon the investment or look into methods to create it. Multi-stage hydraulic fracturing (“fracking”) is an option which has worked overseas in the North American shale gas industry. It has also recently been demonstrated in some US geothermal systems.

    Even if we did find permeability, the water produced in Iceland’s supercritical wells was enormously corrosive. A better option then might be to inject cold water into the well, suppressing the corrosive fluids. The injected water would heat up and rise into the overlying geothermal system – flushing the heat upwards.

    However, both water injection and fracking can trigger earthquakes, perhaps a magnitude 4-5 every year or a magnitude 5-6 every few decades. This happened in 2017 in Pohang in South Korea where water injection triggered a magnitude 5.5 earthquake. It resulted in the cancellation of the geothermal project.

    But there are many other geothermal projects where injection has not led to concerning earthquake activity.

    Fierce competition from solar, wind and batteries

    The other risk is economic. Supercritical geothermal might one day be technically feasible, but its potential contribution in New Zealand will be limited if it can’t beat other generation technologies on cost.

    Worldwide, the renewable energy sector continues to be disrupted by unprecedented cost decreases driven by innovations in utility-scale battery storage and solar photovoltaics.

    But the supply chains are largely overseas, mostly concentrated in China. This adds geopolitical complexity to the energy security calculus. Homegrown solutions are a strength.

    Nevertheless, the International Renewable Energy Agency reports cost reductions for solar and battery modules of 89% and 86% between 2010 and 2023. Solar costs drop 33% each time the built amount doubles. Drops in battery cost are enabling large deployments for daily smoothing of the peaks and troughs of intermittent solar and wind generation.

    This shifting cost landscape creates financial uncertainty for energy investors. While cost declines might not continue forever, it’s hard to pick when they will level off. Meanwhile, geothermal costs have been flat for a long time. A billion-dollar geothermal investment might quickly become uncompetitive.

    Despite all these caveats, we shouldn’t overlook the positive signal of the government taking a bet on New Zealand science and innovation. It will be exciting to see what’s happening at six kilometres of depth underground. And although the plan is not to drill for magma, an accidental strike (as happened in Iceland) would lead to some amazing science.

    Lastly, energy security deserves to be taken seriously over the long term. While supercritical geothermal won’t fix our immediate vulnerability to winter scarcity, it could help avoid similar issues in the 2040s.

    David Dempsey receives science funding from MBIE for research into geothermal energy.

    – ref. Hotter and deeper: how NZ’s plan to drill for ‘supercritical’ geothermal energy holds promise and risk – https://theconversation.com/hotter-and-deeper-how-nzs-plan-to-drill-for-supercritical-geothermal-energy-holds-promise-and-risk-252910

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: ICR assigns Positive Outlook to Banco Itaú Chile’s Risk Rating

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, March 31, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) – – ICR has assigned a “Positive” outlook to Banco Itaú Chile’s risk rating, reflecting consistent improvements across key financial indicators, such as asset quality, profitability, solvency, funding, matching, and liquidity. Despite the ongoing challenging economic environment, the bank continues to demonstrate strong performance and resilience in these metrics.

    Additionally, ICR reaffirms Banco Itaú Chile’s solvency and long-term instruments at the AA+ rating, subordinated bonds and related series at the AA rating, and short-term instruments at the N1+ rating. The outlook has been revised from “Stable” to “Positive.”

    For detailed information, please visit Banco Itaú Chile’s Investor Relations website at ir.itau.cl.

    Investor Relations – Banco Itaú Chile
    IR@itau.cl | ir.itau.cl

    The MIL Network –

  • MIL-OSI: Banco Itaú Chile attains prestigious AAA rating from Feller Rate, highlighting exceptional financial strength

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, March 31, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) – Banco Itaú Chile proudly announces that Feller Rate has upgraded its solvency rating from “AA+” to the highest level of “AAA,” accompanied by a “Stable” outlook. This significant achievement also extends to the bank’s debt instruments, underscoring Banco Itaú Chile’s robust financial health and stability.

    This upgrade reflects Banco Itaú Chile’s prominent position within the banking sector, demonstrating a strengthened and sustainable financial profile closely aligned with industry benchmarks.

    For detailed information, please visit Banco Itaú Chile’s Investor Relations website at ir.itau.cl.

    Investor Relations – Banco Itaú Chile
    IR@itau.cl | ir.itau.cl

    The MIL Network –

  • MIL-OSI USA: Baldwin Introduces Bill to Release Illegally Withheld Funding for Wisconsin Farmers

    US Senate News:

    Source: United States Senator for Wisconsin Tammy Baldwin
    WASHINGTON, D.C. – U.S. Senator Tammy Baldwin (D-WI) and her colleagues introduced the Honor Farmer Contracts Act, legislation to release illegally withheld funding for all contracts and agreements previously entered into by the U.S. Department of Agriculture (USDA). President Trump’s USDA has refused to make reimbursement payments to fulfill signed contracts, without any indication of when or whether farmers will be paid the money they paid out and are owed. Farmers in Wisconsin and the organizations that serve them operate on tight margins and cannot be left waiting without funding they rightfully were awarded and planned for. This legislation would require the USDA to pay farmers all past due payments as quickly as possible to prevent them from having to shut down their operations.
    “Donald Trump and Elon Musk are stiffing our farmers and processors – taking away resources these folks were guaranteed, threatening small businesses’ ability to stay open and people’s livelihoods. Wisconsin farmers work hard on tight margins and drive our rural economy forward – and there is no reason they should be left high and dry by this administration just so Elon Musk and Donald Trump can pass a tax break that makes their rich friends richer,” said Senator Baldwin. “It’s wrong and I am fighting back.”
    When farmers successfully apply to USDA programs and then spend their own dollars  under contracts with the agency, they rightfully expect that they will receive reimbursement. Similarly, farmer-serving organizations—which farmers rely upon to connect to local markets and implement practices that make them more productive and less resource intensive—are facing imminent funding crises from not being reimbursed for completed or in-progress contracted work. If not quickly made whole, these organizations will be forced to make agonizing decisions to lay off staff and stop helping farmers, destroying years of progress and investment in our agriculture economy.
    In March of this year, Senator Baldwin successfully pushed the USDA to restart payments already committed to Wisconsin Dairy Business Innovation (DBI) Initiative recipients after calling on the Trump Administration the month prior to release the funding. She’s also called on the Trump Administration to reverse course on funding for a partnership between Wisconsin farmers and local food banks that was clawed back by the federal government earlier this month.
    The Honor Farmer Contracts Act would:
    Require USDA to unfreeze all signed agreements and contracts;
    Require USDA to make all past due payments as quickly as possible;
    Prohibit USDA from cancelling agreements or contracts with farmers or organizations providing assistance to farmers unless there has been a failure to comply with the terms and conditions of the agreement or contract.
    Prohibit USDA from closing any Farm Service Agency county office, Natural Resources Conservation Service field office or Rural Development Service Center without providing 60 days prior notice and justification to Congress.
    The bill is led by Senator Cory Booker (D-NJ) and also co-sponsored by Senators Tammy Duckworth (D-IL), Peter Welch (D-VT), Adam Schiff (D-CA), Chris Van Hollen (D-MD), Ron Wyden (D-OR), Martin Heinrich (D-NM), Kirsten Gillibrand (D-NY), Angus King (I-ME), Tina Smith (D-MN), Ed Markey (D-MA), Dick Durbin (D-IL), Richard Blumenthal (D-CT), Jeff Merkley (D-OR), Sheldon Whitehouse, and Bernie Sanders (I-VT). U.S. Representative Gabe Vasquez (D-NM-02) also introduced companion legislation in the House of Representatives.
    Full text of this legislation is available here.

    MIL OSI USA News –

  • MIL-OSI China: China unveils guideline to improve social credit system

    Source: China State Council Information Office 2

    China on Monday published a guideline to improve the social credit system amid efforts to promote its high-quality development.
    The guideline, issued by the General Office of the Communist Party of China Central Committee and the General Office of the State Council, includes 23 measures and aims to build a unified national market while maintaining a fair and orderly competitive market environment.
    Under the guideline, a social credit system covering all types of entities, featuring unified rules and regulations, and being jointly built and with shared benefits, should be established to promote deep integration of the social credit system into all aspects of social and economic development.
    Credit has played a key role in optimizing the business environment, promoting financial services for the real economy, and enhancing government governance and service efficiency, according to the National Development and Reform Commission (NDRC).
    However, challenges remain in the social credit system, such as inconsistent regulatory frameworks and insufficient sharing and openness of credit information. Therefore, further improvements to the social credit system are necessary to provide foundational support for high-quality economic and social development, it said.
    Regarding information security, the NDRC said construction of the social credit system adheres to the fundamental principle of defending information security and individual rights, while guarding against excessive information collection and any illegal or irregular activities on disclosure, processing, sale or use of information.

    MIL OSI China News –

  • MIL-OSI China: East China city lifts home resale limit to boost property market

    Source: China State Council Information Office 2

    Nanjing, the capital of east China’s Jiangsu Province, on Monday announced that it is completely lifting home resale restrictions amid a series of measures to promote the stable and healthy development of the property sector.
    Effective from Monday, commercial housing can be listed for resale as soon as the owner obtains a property ownership certificate, Jiang Haiqin, deputy director of the Nanjing Municipal Bureau of Housing Security and Real Estate, told a press briefing. The move aims to better accommodate residents’ diverse housing needs and facilitate the housing upgrades.
    The city imposed housing resale restrictions in May 2017, banning owners from reselling their homes within three years of getting their property ownership certificates, in a bid to curb speculation and cool the home market.
    To further support home buyers looking to upgrade their housing, the city authorities will also improve and expand its housing trade-in scheme, Jiang said.
    The scheme will be backed by government and developer subsidies, financial institution support, and real estate broker assistance. As part of the first phase, authorities will allocate 100 million yuan (about 13.9 million U.S. dollars) in subsidies, supplemented by additional developer-led promotions, to boost housing upgrading purchases.
    Nanjing is also introducing preferential financial policies for young people. Commercial banks will be encouraged to launch special mortgage products featuring low down payments, reduced interest rates, and extended loan terms for buyers under the age of 45.
    The city’s latest efforts reflect a broader effort by Chinese authorities to stabilize and boost confidence in the real estate market, a key pillar of the country’s economy.
    The latest policy shift comes as Nanjing’s housing market shows signs of recovery. Official data indicates that in the first two months of 2025, the city’s transaction area for new and second-hand homes rose by 29.9 percent and 16.7 percent year on year, respectively.

    MIL OSI China News –

  • MIL-OSI China: China, Zambia ink macadamia nut export deal

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

    CHILANGA, Zambia, March 31 — China and Zambia on Monday signed an agreement on the export of macadamia nuts to the Asian country.

    The signing ceremony was attended by Charge d’Affaires of the Chinese Embassy Wang Sheng and Zambian Agriculture Minister Mtolo Phiri.

    In his remarks, Wang said the signing of the agreement signifies a major step in opening up the Chinese market to Zambian nuts, which will greatly benefit local farmers in the foreseeable future.

    According to him, in addition to this protocol and previous agreements on the export of blueberries from Zambia to China, negotiations are also underway for the export of other agricultural products, such as dry paprika and avocados.

    “I am sure that before long, more high-quality agricultural products from this country will find their way to the Chinese market,” he said.

    The agreement is an important outcome of the Forum on China-Africa Cooperation held in Beijing in September last year when China announced its commitment to granting all least developed countries, including Zambia, with which it has diplomatic relations, zero-tariff treatment for 100 percent of tariff lines.

    According to him, as the world’s second-largest economy with a population of 1.4 billion, China offers a huge market for any country.

    For his part, the Zambian minister thanked China for providing Zambia with an open and expansive market for its nut exports.

    He said the move would help Zambia diversify its agricultural production and improve the quality of its products, as China maintains strict standards for agricultural imports.

    The signing of the agreement reflected Zambia’s commitment to promoting trade and investment, as well as the strategic partnership with China, he added.

    MIL OSI China News –

  • MIL-OSI New Zealand: Back to basics for public service

    Source: New Zealand Government

    The Government is overhauling the Public Service Act 2020 as part of its ongoing push to get back to basics and deliver value for money to taxpayers, Public Service Minister Judith Collins announced today.
    The New Zealand National Party-ACT New Zealand Coalition Agreement requires the Act be amended to “clarify the role of the public service, drive performance and ensure accountability to deliver on the agenda of the government of the day”.
    “The Public Service Act 2020, implemented by the previous government, added new responsibilities to the core role of chief executives which diminished their responsibility for implementing government policies and making efficient use of taxpayer money,” Ms Collins says.
    “We don’t need to tell the chief executives of the public service which laws to follow. They just need to follow the law – like all other employers.
    “The Act as it stands is impeding the public service from doing its best work, which in is in turn holding back the country from making progress on economic growth and other government priorities.”
    The Public Service Amendment Bill will:

    Clarify the role of the public service;
    streamline chief executive responsibilities;
    reinforce the principle of merit-based appointments;
    improve chief executive and agency performance management;
    utilise and improve tools to reduce silos; and
    better manage risk.

    “In the six years from 2017 to 2023, the number of people employed in the core Public Service grew 34% to 63,117 full-time equivalent employees,” Ms Collins says.
    “Despite this whopping increase, the actual outcomes for New Zealanders went backwards across key areas such as health, education and crime. This is unacceptable.
    “The efficiency, professionalism, and performance of the public service is a key resource for the Government and for New Zealanders, whose taxes pay for it.
    “The changes we are making will bring more discipline to government spending and enable New Zealand’s economy to grow, creating more jobs, higher incomes and money to invest in core services such as schools, hospitals and roads.”
    The Public Service Amendment Bill is expected to be introduced in July.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Public Works Act overhaul complete to drive infrastructure growth

    Source: New Zealand Government

    The final stage of reforms to the Public Works Act will introduce bigger and broader land payments, improved landowner engagement and new measures to support disaster recovery, Land Information Minister Chris Penk has announced. 
     
    “The Government has been working through an overhaul of the Public Works Act (PWA) to bring it into the 21st century after an independent review found it lacked clarity and commonsense. Today, I am proud to confirm that review is complete” Mr Penk says.  
     
    “If we want to grow the economy, boost productivity and make New Zealand a better place to live we must fix our pipes, increase the capacity of our schools and hospitals, and build more homes, roads and renewable energy sources. 
     
    “I want to thank the panel members for their expert advice in making the Act more efficient, effective, and transparent. This will help end decades of difficulties which have seen central and local governments struggle to secure land for development. 
     
    “Already announced changes include a dedicated carve-out in the law to provide incentive payments and a streamlined objections process for critical infrastructure. Now, this final set of reforms will modernise the wider system – protecting landowners’ rights while ensuring the Crown and local authorities can deliver for New Zealanders.”

    The final tranche will:  

    Introduce incentive payments: To encourage early agreements on land acquisition, landowners who voluntarily sell their property before a Notice of Intention is issued will now be eligible for an incentive payment of 10 percent of the land value, up to a maximum of $100,000. 

    Update home-loss and land-loss payments: To recognise the disruption caused by acquisition, additional payments will be made alongside the land value and any incentive payments: 

    o    The home-loss base payment will increase from $35,000 to $50,000.  
    o    The land-loss payment amount will increase from $250-$25,000 to $350-$35,000. 
    o    Home-loss payments will now extend to multiple homes on a property, such as farms held in trust with multiple owners residing on the land. 

    Land Acquisition Process Reforms: The process for acquiring land will be streamlined by replacing the initial statutory notice with a more structured engagement process. Before issuing a Notice of Intention for compulsory acquisition: 

    o    Landowners must receive comprehensive information on the acquisition, their rights, entitlements, and an invitation to sell. 
    o    The Minister or local authority must negotiate with landowners in good faith for at least three months (or six months for Māori freehold land). 

    Emergency Provisions: New measures will allow land acquisition following a declared state of emergency to support infrastructure restoration and community recovery, when activated by Order in Council.  

    “Cyclone Gabrielle showed in the starkest light the immense challenges communities face after a natural disaster. When roads, railway lines, water and power stations are wiped out and homes left uninhabitable, we must act swiftly and decisively. This new emergency provision empowers us to reconnect those in need,” Mr Penk says.  

    The Public Works Act Amendment Bill will be introduced to Parliament in mid-2025, with the public invited to provide feedback through the select committee process.

    Note to editors:      

    Information on previously announced Public Works Act changes can be found on the Beehive website: 

    MIL OSI New Zealand News –

  • MIL-OSI: LLumin CMMS+ Achieves “Sage Intacct Recommended” Status for Delivering Seamless Maintenance and Financial Integration

    Source: GlobeNewswire (MIL-OSI)

    SPRINGFIELD, Mass., March 31, 2025 (GLOBE NEWSWIRE) — LLumin, the leading CMMS (computerized maintenance management system) provider, announces the integration of its best-of-breed asset maintenance software with Sage Intacct, the powerful cloud financial management system and trusted software provider for small and mid-sized businesses (SMBs) in industrial manufacturing and automation. Having joined the Sage ERP Partner Ecosystem, LLumin’s CMMS+ integration with Sage Intacct has earned “Sage Recommended” status and secured a new member listing on the Sage Intacct Marketplace.

    “Achieving a single source of truth is crucial for any organization, especially manufacturers striving for peak operational efficiency. The integration of LLumin CMMS+ with Sage Intacct, including our newest AI-powered features, provides manufacturers with a unified platform that eliminates data silos and enables informed, data-driven decision-making, resulting in improved maintenance and asset management,” stated Dan Miller, EVP Financials and ERP Division at Sage.

    This robust integration allows for a seamless flow of information between maintenance and finance, including intelligent time tracking and financial oversight. The software’s versatility makes it ideal for managing a wider range of assets, including facilities, fleets, and infrastructure.

    “This integration isn’t just about fixing problems; it’s about preventing them. LLumin CMMS+ and Sage Intacct together enable manufacturers to proactively manage assets, minimize disruptions, and gain a decisive operations competitive edge, all while optimizing their financial performance,” said Ed Garibian, LLumin CEO.said Ed Garibian, LLumin CEO.

    The powerful rule-based workflows and automated work order generation in CMMS+, provides manufacturers the right approach to optimize maintenance operations, reduce downtime, and extend asset life. The CMMS + integration with Sage Intacct delivers a seamless connection between maintenance operations and financial records, providing such significant benefits to customers as:

    • Streamlined Spare Parts Management: Leverage LLumin’s best-in-class spare parts inventory and procurement capabilities to ensure accurate stock levels and timely reordering.
    • Elimination of Duplicate Data Entry: Automatically sync invoices for spare parts between LLumin CMMS+ and Sage Intacct, reducing manual input and minimizing errors.
    • Improved Financial Accuracy: Ensure consistency between maintenance operations and financial records by seamlessly integrating procurement data with Sage Intacct’s accounting system.
    • Enhanced Efficiency: Save time and resources by automating workflows between maintenance and finance teams, improving overall operational productivity.

    For more information about LLumin CMMS+ and its integration with Sage Intacct, please visit LLumin.com.

    About Sage

    Sage exists to knock down barriers so everyone can thrive, starting with the millions of Small and Mid-Sized Businesses served by us, our partners and accountants. Customers trust our finance, HR and payroll software to make work and money flow. By digitizing business processes and relationships with customers, suppliers, employees, banks and governments, our digital network connects SMBs, removing friction and delivering insights. Knocking down barriers also means we use our time, technology and experience to tackle digital inequality, economic inequality and the climate crisis. For more information, visit Sage.

    About LLumin:

    The team at LLumin possesses decades of experience in the CMMS software industry, managing fleet, facilities, and industrial machinery for all industries. Having developed CMMS+ as a IOT and Industry 4.0 first Asset Performance and Maintenance Management solution suite, the software delivers ROI by improving Asset Uptime and OEE levels, lowering MTTR metrics, and extending the life of asset lifecycles. For more information, visit LLumin.com.

    Media Contact:

    Valerie Harding,
    Ripple Effect Communications
    Email: valerie@RippleEffectPR.com
    Tel: 617-536-8887

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/09466f8f-7b16-4899-8101-07868790dd6c

    The MIL Network –

  • MIL-OSI: LeddarTech to Demonstrate Advanced ADAS Sensor Fusion and Perception Solutions at Auto Shanghai 2025

    Source: GlobeNewswire (MIL-OSI)

    QUEBEC CITY, Canada, April 01, 2025 (GLOBE NEWSWIRE) — LeddarTech® Holdings Inc. (“LeddarTech”) (Nasdaq: LDTC), an automotive software company that provides patented disruptive AI-powered low-level sensor fusion and perception software technology, LeddarVision™, for ADAS, AD and parking applications, announces its participation at Auto Shanghai 2025, taking place from April 23 to May 2, 2025.

    LeddarTech will be exhibiting at Booth # 1BG040 in Hall 1.2, where its team will engage with customers and industry partners to discuss its latest advancements in sensor fusion and perception technology. Attendees will also have the chance to take a live demonstration ride in the LeddarNavigator, LeddarTech’s demo vehicle equipped with LeddarVision. This AI-driven low-level sensor fusion software enhances object detection, improves situational awareness and optimizes driving automation. The demo ride offers a firsthand experience of how LeddarVision enhances ADAS performance and vehicle safety in real-world scenarios.

    At Auto Shanghai 2025, LeddarTech will showcase its latest low-level sensor fusion innovations, powered by the Texas Instruments (TI) TDA4 processor platform. LeddarTech and TI’s collaboration optimizes performance and cost, addressing key challenges in the Chinese automotive market, such as the development of “see-through” perception solutions and efficient 5V5R sensor configurations for highway “Navigate on Autopilot” (NoA) applications.

    “China is one of the fastest-growing markets for ADAS and AD technology, and we are excited to showcase how LeddarTech’s scalable and cost-efficient perception solutions help OEMs and Tier 1 suppliers achieve enhanced safety and driving intelligence,” said Clive Szeto, Senior Director of Sales and Business Development, Asia at LeddarTech. “Our collaboration with Texas Instruments and our industry-leading low-level sensor fusion technology make LeddarTech a key enabler of next-generation ADAS solutions in China and beyond.”

    Join us at Auto Shanghai 2025 to experience the future of ADAS technology firsthand. Visit LeddarTech at Booth #1BG040, schedule a meeting with our team or learn more on LeddarTech’s website.

    About LeddarTech

    A global software company founded in 2007 and headquartered in Quebec City with additional R&D centers in Montreal and Tel Aviv, Israel, LeddarTech develops and provides comprehensive AI-based low-level sensor fusion and perception software solutions that enable the deployment of ADAS, autonomous driving (AD) and parking applications. LeddarTech’s automotive-grade software applies advanced AI and computer vision algorithms to generate accurate 3D models of the environment to achieve better decision making and safer navigation. This high-performance, scalable, cost-effective technology is available to OEMs and Tier 1-2 suppliers to efficiently implement automotive and off-road vehicle ADAS solutions.

    LeddarTech is responsible for several remote-sensing innovations, with over 170 patent applications (87 granted) that enhance ADAS, AD and parking capabilities. Better awareness around the vehicle is critical in making global mobility safer, more efficient, sustainable and affordable: this is what drives LeddarTech to seek to become the most widely adopted sensor fusion and perception software solution.

    Additional information about LeddarTech is accessible at www.leddartech.com and on LinkedIn, Twitter (X), Facebook and YouTube.

    Forward-Looking Statements

    Certain statements contained in this Press Release may be considered forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (which forward-looking statements also include forward-looking statements and forward-looking information within the meaning of applicable Canadian securities laws), including, but not limited to, statements relating to LeddarTech’s anticipated strategy, future operations, prospects, objectives and financial projections and other financial metrics. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “may,” “will,” “should,” “would,” “expect,” “anticipate,” “plan,” “likely,” “believe,” “estimate,” “project,” “intend” and other similar expressions among others. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties and are not guarantees of future performance. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors, including, without limitation: (i) our ability to continue to maintain compliance with Nasdaq continued listing standards following our transfer to the Nasdaq Capital Market; (ii) our ability to timely access sufficient capital and financing on favorable terms or at all; (iii) our ability to maintain compliance with our debt covenants, including our ability to enter into any forbearance agreements, waivers or amendments with, or obtain other relief from, our lenders as needed; (iv) our ability to execute on our business model, achieve design wins and generate meaningful revenue; (v) our ability to successfully commercialize our product offering at scale, whether through the collaboration agreement with Texas Instruments, a collaboration with a Tier 2 supplier or otherwise; (vi) changes in our strategy, future operations, financial position, estimated revenues and losses, projected costs and plans; (vii) changes in general economic and/or industry-specific conditions; (viii) our ability to retain, attract and hire key personnel; (ix) potential adverse changes to relationships with our customers, employees, suppliers or other parties; (x) legislative, regulatory and economic developments; (xi) the outcome of any known and unknown litigation and regulatory proceedings; (xii) unpredictability and severity of catastrophic events, including, but not limited to, acts of terrorism, outbreak of war or hostilities and any epidemic, pandemic or disease outbreak, as well as management’s response to any of the aforementioned factors; and (xiii) other risk factors as detailed from time to time in LeddarTech’s reports filed with the U.S. Securities and Exchange Commission (the “SEC”), including the risk factors contained in LeddarTech’s Form 20-F filed with the SEC. The foregoing list of important factors is not exhaustive. Except as required by applicable law, LeddarTech does not undertake any obligation to revise or update any forward-looking statement, or to make any other forward-looking statements, whether as a result of new information, future events or otherwise.

    Contact:
    Maram Fityani, Media and Public Relations, LeddarTech Holdings Inc.
    Tel.: + 1-418-653-9000 ext. 623, maram.fityani@leddartech.com

    Leddar, LeddarTech, LeddarVision, LeddarSP, VAYADrive, VayaVision and related logos are trademarks or registered trademarks of LeddarTech Holdings Inc. and its subsidiaries. All other brands, product names and marks are or may be trademarks or registered trademarks used to identify products or services of their respective owners.

    LeddarTech Holdings Inc. is a public company listed on the Nasdaq under the ticker symbol “LDTC.”

    The MIL Network –

  • MIL-OSI USA: Malliotakis Celebrates House Passage of Bipartisan Legislation to Crack Down on Check Fraud

    Source: United States House of Representatives – Congresswoman Nicole Malliotakis (NY-11)

    (WASHINGTON, DC) – Today, Congresswoman Nicole Malliotakis celebrates the passage of her legislation, H.R. 1155 Recovery of Stolen Checks Act. This bipartisan Ways & Means legislation was introduced alongside Congresswoman Terri Sewell (D-AL) and Congressman David Kustoff (R-TN).

    This bill directs the U.S. Department of the Treasury to establish procedures allowing eligible taxpayers to elect direct deposit for receiving the replacement of a lost or stolen federal tax refund originally issued by paper check. Under current law, replacement refunds are typically reissued as another paper check—a process that has cost taxpayers millions of dollars due to repeated theft of reissued checks.

    “It’s deeply unfortunate that for years seniors and hard working taxpayers have faced unnecessary hardship and stress after having their tax refund checks stolen in the mail,” said Rep. Malliotakis. “My constituents have been forced to wait months for replacements—wasting valuable time and delaying critical access to funds they rely on to make ends meet. Today, I’m proud that the House of Representatives took action and passed my bipartisan, commonsense legislation to address this issue. By restoring fiscal responsibility and ensuring taxpayers receive the payments they rely on in a timely manner, we send a strong message to fraudsters. I urge the Senate to act quickly so this bill can be sent to President Trump’s desk and signed into law.”

    “Thanks to the leadership of members like Representative Malliotakis, the Ways and Means Committee is at the forefront of combating fraud and protecting taxpayers. This bill is a commonsense solution to a growing and costly problem – one that has plagued communities across this country. It will ensure victims of fraud get the relief they are owed sooner rather than later and help combat the ability of criminals to take advantage of the same victims again and again,” said Ways & Means Chairman Jason Smith.

    Malliotakis’ district has been hit hard by postal fraud, with 376 IRS checks stolen and fraudulently cashed totaling nearly $5.4 million in loss to constituents. Check amounts have ranged from a few hundred dollars up to $500,000, with multiple constituents needing their checks reissued four times before they were received. It has been reported that approximately 40,000 IRS checks were stolen nationally in 2024, up from just 100 in 2022, and the value stolen has been approximately $1 billion.

    Watch Malliotakis’ Remarks

    Malliotakis has also introduced H.R. 170 The USPS Subpoena Authority Act. This legislation would strengthen USPS’ ability to crack down on criminal organizations driving mail theft through administrative subpoenas. With these subpoenas, USPS could collect more information related to the financial fraud associated with mail theft, including bank records and surveillance videos, to build mail theft cases against criminal organizations that meet prosecutorial thresholds.

    MIL OSI USA News –

  • MIL-OSI USA: Reed & Whitehouse Press USDA to Reinstate Food Shipments to RI Food Banks

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC — As grocery prices rise and more families struggle to afford basic staples, the Trump Administration is dramatically reducing aid for local food banks across the country that are already strained by rising demand. 

    Through cuts, contract cancellations, and funding freezes, the Trump Administration is providing up to $1.5 billion less for hunger relief and nutrition assistance through programs like the Local Food Purchase Assistance (LFPA) program and the Emergency Food Assistance Program (TEFAP).  This will result in less produce, meat, dairy, and other staples in the coming weeks and months for food banks nationwide to distribute to Americans in need.

    TEFAP is a core USDA nutrition program that buys food from American farmers to provide food assistance to those in need. In Rhode Island, TEFAP is administered by the Rhode Island Community Food Bank, in partnership with the Rhode Island Department of Human Services. The Rhode Island Community Food Bank orders food from USDA and distributes it out to its 143 member agencies across the state.  This network of food pantries, soup kitchens, and other organizations plays a key role in connecting the food provided by the USDA directly to Rhode Islanders facing food insecurity.  TEFAP helps Rhode Islanders access balanced and nutritious meals, supporting their well-being and helping to build stronger, healthier communities across the state.

    Because of Trump’s reduction in federal food assistance, the Rhode Island Community Food Bank is looking to replace about 500,000 pounds of food worth $1.74 million in TEFAP food deliveries set for the rest of the year that have reportedly been canceled. 

    Earlier this week, U.S. Senators Jack Reed (D-RI) and Sheldon Whitehouse (D-RI) joined with 24 Senate colleagues in pressing the U.S. Department of Agriculture (USDA) to reinstate these shipments of food to Rhode Island food banks.

    “A cancellation of these funds could result in $500 million in lost food provisions to feed millions of Americans at a time when the need for food shelves is extremely high due to costly groceries and an uncertain economy,” the 26 U.S. Senators wrote in a letter to USDA Secretary Brooke Rollins.

    “If true, this major shift in a program utilized by emergency food providers in every state in the nation will have a significant and damaging impact upon millions of people who depend upon this program for critical food assistance,” the Senators continued. “In addition, this program consists of purchases of U.S. commodities at a time when America’s growers and producers are struggling due to tariffs, proposed tariffs, animal disease and many other challenges.”

    The Senators asked Secretary Rollins for answers to a half-dozen key questions on topics ranging from the reasoning behind the reported cancellation, to plans for food purchases, and the impact the changes will have on dairy farmers and poultry producers.

    In addition to Reed and Whitehouse, the letter was signed by Minority Leader Chuck Schumer (D-NY) and Senators Amy Klobuchar (D-MN), Jeanne Shaheen (D-NH), Ron Wyden (D-OR), Dick Durbin (D-IL), Bernie Sanders (I-VT), Mark Warner (D-VA), Jeff Merkley (D-OR), Michael Bennet (D-CO), Kirsten Gillibrand (D-NY), Chris Coons (D-DE), Richard Blumenthal (D-CT), Tammy Baldwin (D-WI), Angus King (I-ME), Cory Booker (D-NJ), Catherine Cortez Masto (D-NV), Tina Smith (D-MN), Jacky Rosen (D-NV), Ben Ray Luján (D-NM), Raphael Warnock (D-GA), Peter Welch (D-VT),  Adam Schiff (D-CA), Andy Kim (D-NJ), and Elissa Slotkin (D-MI).

    Reed and Whitehouse also noted that in Rhode Island, the cancellation of food assistance not only takes food away from hungry people, but it also hurts local farmers who are being squeezed by Trump’s tariffs and deep cuts to domestic markets.  Further, they contend that USDA’s lack of clear communication has made it harder for food banks to plan, budget, and feed the growing numbers of people who are turning to them as unemployment and inflation rises.

    Full text of the letter follows:

    Dear Secretary Rollins:

    We write regarding the reported cancellation of hundreds of millions of dollars in previously approved funding for food banks and other emergency food providers through The Emergency Food Assistance Program (TEFAP). A cancellation of these funds could result in $500 million in lost food provisions to feed millions of Americans at a time when the need for food shelves is extremely high due to costly groceries and an uncertain economy. If true, this major shift in a program utilized by emergency food providers in every state in the nation will have a significant and damaging impact upon millions of people who depend upon this program for critical food assistance.

    In addition, this program consists of purchases of U.S. commodities at a time when America’s growers and producers are struggling due to tariffs, proposed tariffs, animal disease and many other challenges.

    According to recent statistics, nearly one in every seven Americans have faced food insecurity. Many of these households turn to community and emergency relief organizations such as food banks and food pantries to help them obtain sufficient nutrition. In 2023 alone, 50 million Americans turned to emergency food providers, according to a report from Feeding America, America’s largest network of food banks. While food banks rely on a variety of sources (including private) to obtain food for distribution through their networks, federally purchased commodities are a key part of how they provide nutritious meals to Americans. 

    Due to this reported change, a number of us have heard that trucks delivering American-grown foods may not arrive. These trucks represent hundreds of thousands of nutritious meals containing poultry, fruits, vegetables, and dairy. If confirmed, the cancellation of this previously announced funding also comes on top of the cancellation of Local Food for School Program and the Local Food Purchase Assistance Program funding, which also helps farmers deliver nutritious foods to schools and food banks. These cuts will deprive Americans of food assistance, emergency food providers of necessary support to carry out their work, and American farmers of vital domestic markets.

    To help us understand USDA’s actions and their impact on communities around the country, we ask that you answer the following questions.

    1.      Has USDA cancelled previously approved purchases of food provided through TEFAP? If so, what level of funding has been cancelled thus far and when will state agencies be notified of any cancelled TEFAP purchases?

    2.      Does USDA plan to cancel additional purchases of food provided through TEFAP?

    3.      Has USDA paused any TEFAP food orders or purchases? If so, what is the current status of those orders or purchases? Does USDA intend to un-pause these funds? 

    4.      Please provide information on what types of funding, by commodity, have been cancelled and the financial impact of those cancellations on producers such as pork, chicken, turkey and dairy farmers.

    5.      Is the funding announced on October 1, 2024 and detailed in the implementation memo that the Food and Nutrition Service sent to state agencies on December 2 rescinded?

    6. Does USDA intend to use Commodity Credit Corporation funds in Fiscal Year 2025 for future purchases that will be distributed through TEFAP? 

    We ask for a prompt response to these questions by the end of the week.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI USA: RI Delegation Demands CDC Reinstate Public Health Funding

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC – In an effort to restore and release $31.2 million in promised federal public health funding for Rhode Island that was terminated earlier this week by the Trump Administration, U.S. Senators Jack Reed and Sheldon Whitehouse and Congressmen Seth Magaziner and Gabe Amo today sent a letter to U.S. Department of Health and Human Services (HHS) Secretary Robert F. Kennedy Jr. demanding that the bipartisan approved funding be delivered to the state as intended by the law.

    The Trump Administration is seeking to claw back $11.4 billion in public health funding for state and local health departments across the nation.  In Rhode Island, the Trump Administration cancelled four Centers for Disease Control and Prevention (CDC) grants totaling $31.2 million that support the state’s post-pandemic initiatives.  

    Despite the CDC’s claim that these funds were being pulled back because the pandemic ended, the federal grants are designed to help states better respond to future public health emergencies.

    “Earlier this week, the Centers for Disease Control and Prevention (CDC) terminated this funding, leaving the State of Rhode Island without $31.2 million in promised federal funding, which will cripple its efforts to head off future disease outbreaks,” the delegation wrote. “This funding was critical to saving lives and keeping the health care system afloat in unprecedented circumstances,” the delegation continued.  “Funding was also provided to address the many systemic weaknesses in our public health infrastructure, strengthening our capacity to respond to future disease outbreaks, protect vulnerable populations, and improve communications with the public. Regrettably, CDC’s decision to terminate these funds will undermine these efforts, and Rhode Island’s public health system will be degraded.”

    Rhode Island’s Congressional delegation also called attention to the significant impacts that not restoring this critical federal funding will have on the Ocean State’s public health, public safety, and the economy, specifically around the Rhode Island Department Health’s new $82 million state-of-the-art public health laboratory.

    “The new Rhode Island State Health Laboratory will be a crucial piece of the puzzle in investigating and mitigating life-threatening diseases. It will also provide important services for State and municipal agencies to ensure the safety of drinking water and food products; monitor pollution of air and water; and aid public safety and criminal investigations through police officer training, DNA testing, and illegal drug identification,” the delegation noted. “While work on the building will continue, its ability to provide the scope of services Rhode Island needs will be limited because the CDC is cutting over $15 million in funding that will help staff the facility and equip it with the latest testing capabilities.”

    Full text of the letter follows:

    March 28, 2025

    Honorable Robert F. Kennedy, Jr.

    Secretary

    U.S. Department of Health and Human Services

    200 Independence Ave SW

    Washington, D.C. 20201

    Dear Secretary Kennedy:

    We write to urge you to reinstate funding awarded to help Rhode Island and other states to rebuild and strengthen their public health preparedness in the wake of the COVID-19 pandemic.

    Earlier this week, the Centers for Disease Control and Prevention (CDC) terminated this funding, leaving the State of Rhode Island without $31.2 million in promised federal funding, which will cripple its efforts to head off future disease outbreaks.

    On a bipartisan basis, Congress provided significant funding over the course of the COVID-19 pandemic in order to help states and health care organizations provide testing, treatment, and vaccines – among other efforts. This funding was critical to saving lives and keeping the health care system afloat in unprecedented circumstances. Funding was also provided to address the many systemic weaknesses in our public health infrastructure, strengthening our capacity to respond to future disease outbreaks, protect vulnerable populations, and improve communications with the public. Regrettably, CDC’s decision to terminate these funds will undermine these efforts, and Rhode Island’s public health system will be degraded.

    Last year, the Rhode Island Department of Health, working with community and industry partners, broke ground on a new $82 million state-of-the-art public health laboratory to replace its existing dilapidated laboratory facility. The new Rhode Island State Health Laboratory will be a crucial piece of the puzzle in investigating and mitigating life-threatening diseases. It will also provide important services for State and municipal agencies to ensure the safety of drinking water and food products; monitor pollution of air and water; and aid public safety and criminal investigations through police officer training, DNA testing, and illegal drug identification. While work on the building will continue, its ability to provide the scope of services Rhode Island needs will be limited because the CDC is cutting over $15 million in funding that will help staff the facility and equip it with the latest testing capabilities.

    The CDC cuts announced this week would also cancel $13 million in funding for Rhode Island to improve the state’s vaccine infrastructure through campaigns to promote vaccine uptake, partnerships with community organizations to encourage vaccination, and ensuring safe vaccine storage. The recent measles outbreak, including one case in Rhode Island, demonstrates the need for continued vigilance in this area. Similarly, funding for programs addressing health disparities and expanding access to community health workers has been cut. Each of these efforts is an important tool in improving our public health infrastructure and better preparing us for the next public health emergency. It would be pennywise and pound-foolish to claw back the federal investment in this work.

    Again, we urge you to reverse course immediately and to restore this critical funding. Thank you for your attention to this request, and we look forward to your prompt response.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI United Kingdom: Welsh workers set for pay rise with new National Minimum Wage

    Source: United Kingdom – Executive Government & Departments

    Press release

    Welsh workers set for pay rise with new National Minimum Wage

    Up to 160,000 workers in Wales will receive a pay rise as the new National Living Wage and National Minimum Wage rates take effect. 

    • National Minimum Wage and National Living Wage increase will put more money in the pockets of up to 160,000 of the lowest paid workers in Wales.
    • Real-terms pay rise will boost wages by £1,400 per year for an eligible full-time worker.
    • New rates put more money back into the pockets of working people, boost living standards and kickstart growth as part of the Plan for Change.

    Up to 160,000 workers in Wales will today (Tuesday 1 April) receive a pay rise as the new National Living Wage and National Minimum Wage rates take effect. 

    Full-time workers on the National Living Wage will see a real-terms pay increase of £1,400 per year, helping to provide families with better financial stability, improve living standards and kickstart growth as part of the Plan for Change.

    This uplift will deliver security for working people and ease the pressure on their day-to-day finances. It also allows for further workers to potentially benefit from positive spill-over impacts including possible wage increases for those already earning more than the legal minimum.

    Business Secretary Jonathan Reynolds said:

    We promised to make low pay a thing of the past. Now, as part of our Plan to Make Work Pay and the biggest upgrade to workers’ rights in a generation, we are delivering that.

    Low pay is not only bad for workers, it prevents them from spending on our high streets and allowing local businesses to achieve their full potential.

    By ensuring that everyone gets a fair wage for the hours they work, we’re delivering the financial stability needed to kick-start economic growth and ensure our country is fit for the future

    Employment Rights Minister Justin Madders said: 

    Hard work deserves to be rewarded and this Government’s Plan to Make Work Pay is making that a reality.

    We’re raising the floor for workers from Cardiff to Colwyn Bay, putting more money into their pockets and delivering the increased living standards needed to kickstart economic growth across Wales.

    The full increases from 1 April 2025 are:

    • National Living Wage (21+) has increased 6.7%, from £11.44 to £12.21 per hour
    • National Minimum Wage (18-20) has a record increase of 16.2%, from £8.60 to £10 per hour
    • National Minimum Wage (under 18) has increased 18%, to £7.55 per hour
    • Apprentice Rate has the largest increase of 18%, from £6.40 to £7.55 per hour
    • Accommodation Offset of £10.66 per day

    The Secretary of State for Wales Jo Stevens said:

    Today thousands of the lowest paid workers in Wales will receive a pay rise worth £1,400 a year to help with household bills and improve living standards.

    Families across Wales will see this increase in their pay packets from today as the UK Government puts more money in the pockets of working people.

    This UK Government is unashamedly pro-worker which is why this year is the first where the Low Pay Commission, the body which recommends wage rates, was instructed to include the cost of living and inflation in its assessment. 

    On top of this the Employment Rights Bill, a key pillar in the Plan to Make Work Pay, will release an additional £600 a year to some of the lowest paid workers. This will ensure that these workers receive an uplift to wages that delivers better quality of life. 

    Workers in Wales have earned this pay rise and they need to make sure they get it. Visit gov.uk/checkyourpay to check if you are eligible.

    Updates to this page

    Published 1 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: $10m a month wasted on redundant contact tracing

    Source: ACT Party

    “ACT can reveal that taxpayers are footing the bill for pointless contact tracing that should have been scrapped when Omicron made it redundant,” says ACT’s Leader David Seymour.

    “Written parliamentary questions show the Government is still spending $10.2 million a month on contact tracing, despite contact tracers being unable to reach enough potential contacts or fast enough to ever be of any use in light of Omicron’s higher transmissibility.

    “The Government’s response to COVID has become increasingly costly and ineffective as the virus has evolved they’ve failed to change with it. Now we’re stuck with redundant policies that were designed for a different variant and exist only as a financial burden.

    “The reality is that most people don’t even report their positive results anyway.

    “$10 million would fund 33 cystic fibrosis patients with Trifakta for a year, 71,000 mental health counselling sessions, and is ten times more than what Hospice NZ needs – but this Government seems to think it is better off spent on empty call centres that are providing no benefit to New Zealanders.

    “ACT says that any COVID restrictions or services that aren’t protecting our health system in any tangible way should just go. They’re a needless expense at a time when reckless Government spending is fuelling out of control domestic inflation.

    “Getting rid of contact tracing would save taxpayers millions and is an important symbol that we’re moving on and getting our way of life back. It should be done immediately.”

    The Written Parliamentary Question can be found here.

    MIL OSI New Zealand News –

  • MIL-OSI: Gevo to Participate in Virtual Investor Meeting

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo, March 31, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) (“Gevo”, the “Company”, “we”, “us” or “our”), a leading developer of cost effective, renewable hydrocarbon fuels and chemicals with reduced greenhouse gas emissions, announced today that Eric Frey, Gevo’s Vice President of Corporate Development, will participate in a Renmark Virtual Non-Deal Roadshow Series on Tuesday, April 1st at 10:00am ET. 

    Investors and other persons interested in participating in the event must register using the link below.

    Registration Link: https://www.renmarkfinancial.com/live-registration/renmark-virtual-non-deal-roadshow-nasdaq-gevo-yVFS8U3kU-

    About Gevo

    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including synthetic aviation fuel (“SAF”), motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty alcohol-to-jet (“ATJ”) fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    Media Contact
    Heather Manuel
    Vice President of Stakeholder Engagement & Partnerships
    PR@gevo.com

    Investor Contact
    Eric Frey, PhD
    Vice President of Corporate Development
    IR@Gevo.com

    The MIL Network –

  • MIL-OSI China: Senior Chinese official meets with Bridgewater founder

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

    BEIJING, March 31 — Senior Chinese official He Lifeng met with Ray Dalio, founder of Bridgewater Associates, in Beijing on Monday, and the two sides exchanged views on the macroeconomic situation and China-U.S. economic and trade relations.

    He, a member of the Political Bureau of the Communist Party of China Central Committee and director of the Office of the Central Commission for Financial and Economic Affairs, said the Chinese economy has gotten off to a steady start and maintained good development momentum since the beginning of the year, with a unified national market taking shape and the release of consumption potential accelerating.

    China will further deepen its reform comprehensively and promote high-level opening-up of its capital market, He said, adding that international investors are welcome to participate actively in the construction of China’s capital market and share in its development opportunities, He said.

    Dalio said that China’s economic and social development achievements are there for all to see, and he expressed willingness to continue contributing to U.S.-China economic and trade cooperation.

    MIL OSI China News –

  • MIL-OSI United Kingdom: Ditch single-use vapes as ban deadline looms

    Source: United Kingdom – Executive Government & Departments

    Press release

    Ditch single-use vapes as ban deadline looms

    Shops encouraged to sell all remaining stock before 1 June 2025 deadline

    Single-use vapes in a green field

    High street shops and convenience stores are today (Tuesday 1 April) being urged to deplete their stocks of single-use vapes ahead of new legislation coming into force banning their sale.

    The deadline for selling any remaining single-use vapes was confirmed as 1 June 2025 when legislation was laid in parliament last year, with a government consultation showing overwhelming support for restricting their sale and supply.

    Analysis by Material Focus found an estimated 8.2 million vapes are now thrown away or littered every week in the UK, which is the equivalent of 13 each second. However, recycling single-use vapes is notoriously arduous, with waste industry workers needing to take them apart by hand which can be a slow and costly process. Their contents also present a fire risk to recycling facilities and can leak harmful chemicals into the environment.

    With under two months until the ban comes into force, businesses must take action now to ensure they are prepared for its implementation. This includes ensuring all remaining stocks of single-use vapes are sold, and only buying vapes that follow the new regulations.

    If businesses have any single-use vapes in their possession after 1 June 2025, they will not be able to sell them to shoppers and must ensure they are disposed of safely.

    Waste Minister Mary Creagh said:

    For too long, single-use vapes have littered our streets, wasted valuable resources and harmed wildlife. 

    Our ban comes into force in just a few weeks so businesses must play their part by running down stocks and ensuring the remainder are collected for recycling. 

    The Government is committed to moving towards a more circular economy, where we use, repair and refill things for longer, to reduce waste.

    Scott Butler, executive director of Material Focus, said:

    The upcoming ban will take some of the most environmentally wasteful vape models off the market. But it is important now and going forwards that vape producers and retailers meet their long-standing obligations to provide and pay for the takeback and recycling of all types of vapes sold historically and in the future.

    This means offering in store takeback wherever they are sold and financing the costs of recycling and recovering the materials from them to support a more sustainable and circular economy.

    Material Focus has produced a vapes briefing paper that explains how vape retailers and producers can do this and also provides guidance for local authorities.

    Minister for Public Health and Prevention, Ashley Dalton, said:

    Single-use vapes are one of the most wasteful products on our high streets, with 13 being thrown away every second across the UK.

    But this isn’t just an environmental crisis – it’s a public health one too. Single-use vapes, often sweet in flavour, are the product of choice for many young people, drawing a new generation into nicotine addiction.

    The ban will complement the world-leading Tobacco and Vapes Bill, which will tackle youth vaping and safeguard our children’s health. I urge retailers to plan accordingly, as we work together to create a cleaner, greener, and healthier Britain for future generations.

    In England, any businesses which fail to comply with the ban could face a stop notice or a fine of £200 in the first instance, with all products seized by Trading Standards. If any further infractions occur, they could be hit with an unlimited fine or be prosecuted.

    The ban is part of the government’s commitment to end the avalanche of rubbish filling our high streets, countryside, and oceans. The government’s action to clean up Britain doesn’t end there – with further moves to ensure the throwaway society is ended for good. 

    Last week, Environment Secretary Steve Reed set out his vision for delivering the revolutionary drive to create a truly circular economy, changing the relationship with the goods we use.

    British businesses are leading the charge in showing what is possible when this forward-thinking approach is adopted. Working with the Circular Economy Taskforce, the Government will work with the first five priority sectors to make the greatest difference – textiles, transport, construction, agri-food and chemicals & plastics.

    The Government has also taken action against stagnating recycling rates and the reliance on the burning of household waste by announcing that new waste incinerators will only receive planning approval if they meet strict new local and environmental conditions.  

    The Government has also announced that a £15 million government fund will help deliver thousands of tonnes of food from farms which would otherwise go to waste to those who need it most.

    Updates to this page

    Published 1 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: New cyber laws to safeguard UK economy & secure long-term growth

    Source: United Kingdom – Executive Government & Departments

    Press release

    New cyber laws to safeguard UK economy & secure long-term growth

    The government sets out the scope and ambition of the Cyber Security and Resilience Bill for the first time today.

    New cyber laws to safeguard UK economy and secure long-term growth.

    • Plans set out to bolster UK’s online defences, protect the public and safeguard growth – the central pillar of the UK government’s Plan for Change. 
    • New measures will boost protection of supply chains and critical national services, including IT service providers and suppliers. 
    • Cyber Security and Resilience Bill to be introduced later this year to face down growing range of online threats.

    Hospitals and energy suppliers are set to boost their cyber defences under the new Cyber Security Bill, protecting public services and safeguarding growth as government delivers its Plan for Change.

    This will ensure firms providing essential IT services to public services and the wider economy are no longer an easy target for cyber criminals. 1,000 service providers will fall into scope of measures expected to be introduced later this year.

    The move forms part of the government’s drive to secure Britain’s future through the Plan for Change, delivering security and renewal by strengthening our critical infrastructure. It will give the British public, businesses and investors greater confidence in digital services – supporting the government’s mission to kickstart economic growth.

    Cyber threats cost the UK economy almost £22 billion a year between 2015 and 2019 and cause significant disruption to the British public and businesses. Last summer’s attack on Synnovis – a provider of pathology services to the NHS – cost an estimated £32.7 million and saw thousands of missed appointments for patients. Figures also show a hypothetical cyber-attack focused on key energy services in the South East of England could wipe over £49 billion from the wider UK economy.

    Secretary of State for Science, Innovation, and Technology, Peter Kyle, said:

    Economic growth is the cornerstone of our Plan for Change, and ensuring the security of the vital services which will deliver that growth is non-negotiable.

    Attempts to disrupt our way of life and attack our digital economy are only gathering pace, and we will not stand by as these incidents hold our future prosperity hostage. 

    The Cyber Security and Resilience Bill, will help make the UK’s digital economy one of the most secure in the world – giving us the power to protect our services, our supply chains, and our citizens – the first and most important job of any government.

    Health and Social Care Secretary Wes Streeting said:

    Cyber attacks are becoming increasingly sophisticated and create real risks for our health service if we do not act now to put the right protections in place.

    We are building an NHS that is fit for the future. This bill will boost the NHS’s resilience against cyber threats, secure sensitive patient data and make sure life-saving appointments are not missed as we deliver our Plan for Change.

    The government is also exploring additional measures to make sure it can respond effectively to new cyber threats and take rapid action where needed to protect the UK’s national security. This includes giving the Technology Secretary powers to direct regulated organisations to shore up their cyber defences – putting the UK in the strongest possible footing to defend against new and existing threats.

    Another potential avenue may include new protections for more than 200 data centres – bolstering the defences of one of the main drivers of economic growth and innovation, including through AI. Data centres process mountains of data which they need to churn out new products which have become commonplace everywhere from banking and online shopping to booking holidays and staying in touch with friends and family. The government will now consider the best route to deliver these additional measures.       

    In the year to September 2024, the National Cyber Security Centre (NCSC) managed 430 cyber incidents, with 89 of these being classed as nationally significant – a rate of almost two every week. The most recent iteration of the Cyber Security Breaches Survey also highlights 50% of British businesses suffering a cyber breach or attack in the last 12 months, with more than 7 million incidents being reported in 2024. 

    To face down this threat, the Cyber Security and Resilience Bill will ensure the vital infrastructure and digital services the country relies on are more secure than ever, as the government sets out its legislative ambitions for the first time today.

    Richard Horne, NCSC CEO, said:

    The Cyber Security and Resilience Bill is a landmark moment that will ensure we can improve the cyber defences of the critical services on which we rely every day, such as water, power and healthcare.

    It is a pivotal step toward stronger, more dynamic regulation, one that not only keeps up with emerging threats but also makes it as challenging as possible for our adversaries.

    By bolstering their cyber defences and engaging with the NCSC’s guidance and tools, such as Cyber Assessment Framework, Cyber Essentials, and Avctive Cyber Defence, organisations of all sizes will be better prepared to meet the increasingly sophisticated challenges.

    While the legislation will arm the UK with the cyber defences it needs to meet the challenges of today, it also includes measures to ensure a swift response to new threats which emerge in the future. To do this, the Technology Secretary will be given powers to update the regulatory framework to keep pace with the ever-changing cyber landscape.

    Confirmed in last year’s King’s Speech, today marks the first time the government has shared full details on its plans for the Cyber Security and Resilience Bill, which will be introduced to Parliament this year. 

    The legislative proposals follow other government recent action to boost UK cyber security, including a new, world-leading AI cyber security standard to protect AI systems, a new international coalition to boost cyber skills and the Cyber Local programme to support the UK’s rapidly growing £13.2 billion cyber security industry, which has created 6,600 new jobs in the past year.

    Further Information

    A full copy of the policy statement containing details of the measures in the Cyber Security and Resilience Bill policy statement will be published today.

    Figures on the economic impact of a hypothetical cyber incident targeting the South East’s energy structure (PDF) by the University of Cambridge. 

    If the proposals are adopted:

    • More organisations and suppliers will need to meet robust cyber security requirements, including data centres, Managed Service Providers (MSPs) and critical suppliers. This means third-party suppliers will need to boost their cyber security in areas such as risk assessment to minimise the possible impact of cyber- attacks, while also beefing up their data protection and network security defences. 
    • Regulators will have more tools to improve cyber security and resilience in the areas they regulate, with companies required to report more incidents to help build a stronger picture of cyber threats and weaknesses in our online defences. 
    • The government would have greater flexibility to update regulatory frameworks when needed, to respond swiftly to changing threats and technological advancement. This could include extending the framework to new sectors or updating security requirements.

    DSIT media enquiries

    Email press@dsit.gov.uk

    Monday to Friday, 8:30am to 6pm 020 7215 3000

    Updates to this page

    Published 1 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Establishes the United States Investment Accelerator

    Source: The White House

    ACCELERATING INVESTMENT INTO AMERICA’S ECONOMY: Today, President Donald J. Trump signed an Executive Order establishing the United States Investment Accelerator.

    • The Order establishes an office within the Department of Commerce named the United States Investment Accelerator, meant to facilitate and accelerate investments above $1 billion in the United States.
    • The Investment Accelerator will encourage companies to make large investments in the United States by: (1) reducing regulatory burdens; (2) speeding up permitting; (3) coordinating responses to investor issues across multiple Federal agencies; (4) increasing access to national resources; (5) facilitating collaboration with national laboratories; and (6) working with all 50 state governments and their economic development organizations, in each case according to applicable law.
    • The Investment Accelerator will be responsible for administering the CHIPS Program Office, where it will deliver the benefit of the bargain for taxpayers, negotiating much better CHIPS Act deals than the previous Administration.

    UNLEASHING ECONOMIC PROSPERITY: President Trump believes it is in America’s interest that the Federal Government dramatically expand its assistance to companies seeking to invest and build in the United States.

    • The United States is the most powerful economy in the world, but slow, complex, and burdensome regulations make domestic and foreign investment harder than necessary.
    • An Investment Accelerator is needed to cut through red tape and ensure that businesses can quickly deploy capital and create jobs without navigating a maze of bureaucratic hurdles.
    • By streamlining processes, the Accelerator will attract both foreign and domestic investment, reinforcing America’s position as the premier destination for large-scale investment.

    SECURING AMERICA’S ECONOMIC FUTURE: President Trump is driving massive private investment and strengthening the United States economy through bold ideas that streamline government processes and put America first.

    • Thanks to President Trump’s leadership, the United States has already secured more than $3 trillion in private investments during his second term.
    • Last month, President Trump signed a memorandum aimed at promoting foreign investment while protecting America’s national security interests.
    • With the Investment Accelerator in place, President Trump is supercharging the flow of capital into the United States, boosting prosperity across the nation.

    MIL OSI USA News –