NewzIntel.com

Category: Economy

  • MIL-OSI: WENDEL: Availability of the 2024 Universal Registration Document 

    Source: GlobeNewswire (MIL-OSI)

    2024 Universal Registration Document 

    Wendel’s Universal Registration Document for the year ended December 31, 2024, was filed with the French Financial Markets Authority (AMF) on Thursday, March 28, 2025. It is available to the public, in French, pursuant to the regulations in force. 

    It includes: 

    • the 2024 annual financial report, 
    • the Supervisory Board’s report on corporate governance, 
    • the Statutory Auditors’ reports, 
    • information regarding the fees paid in 2024 to the Statutory Auditors, 
    • required information regarding the share buyback program, 
    • the social, societal and environmental information constituting the preparation of the sustainability statement. 

    This document may be viewed under “Regulated information” and “Shareholders’ Meetings” in the “Investors” section of Wendel’s website (www.wendelgroup.com/en) as well as on the website of the AMF (www.amf-france.org). It will also be available at the Company’s head office, located at 2-4, rue Paul-Cézanne, 75008 Paris – France. 

    An English version of the Universal Registration Document will be available on Wendel’s website no later than   April 8, 2024.

    Shareholders’ Meeting as of May 15, 2025

    Wendel informs its shareholders that the Shareholders’ Meeting will be held on Thursday May 15, 2025, at 3 p.m. (Paris time) at the Auditorium Cézanne Saint-Honoré, located at 2-4, rue Paul-Cézanne, 75008 Paris.

    Agenda

    Thursday, April 24, 2025

    Q1 2025 Trading update – Publication of NAV as of March 31, 2025 (post-market release)

    Thursday, May 15, 2025

    Annual General Meeting

    Wednesday, July 30, 2025

    H1 2025 results – Publication of NAV as of June 30, 2025, and condensed Half-Year consolidated financial statements (post-market release)

    Thursday, October 23, 2025

    Q3 2025 Trading update – Publication of NAV as of September 30, 2025 (post-market release)

    Friday, December 12, 2025

    2025 Investor Day

    About Wendel

    Wendel is one of Europe’s leading listed investment firms. Regarding its principal investment strategy, the Group invests in companies which are leaders in their field, such as ACAMS, Bureau Veritas, Crisis Prevention Institute, Globeducate, IHS Towers, Scalian, Stahl and Tarkett. In 2023, Wendel initiated a strategic shift into third-party asset management of private assets, alongside its historical principal investment activities. In May 2024, Wendel completed the acquisition of a 51% stake in IK Partners, a major step in the deployment of its strategic expansion in third-party private asset management and also announced in October 2024 the acquisition of 75% of Monroe Capital. Pro forma of Monroe Capital, Wendel manages more than 33 billion euros on behalf of third-party investors, and c.7.4 billion euros invested in its principal investments activity.

    Wendel is listed on Eurolist by Euronext Paris.

    Standard & Poor’s ratings: Long-term: BBB, negative outlook – Short-term: A-2 

    Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of “Grand Mécène de la Culture” in 2012.

    For more information: wendelgroup.com

    Follow us on LinkedIn @Wendel 

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    The MIL Network –

  • MIL-OSI Global: Being hated worked for Just Stop Oil

    Source: The Conversation – UK – By George Ferns, Senior Lecturer in Business and Society, University of Bath

    Protesters outside the Bafta awards in London, March 2022. William Joshua Templeton / shutterstock

    The climate activist group Just Stop Oil (JSO) has announced the end of its campaign of direct action. Many will read the group’s legacy through the lens of public hostility: the frustration caused, the angry headlines, the outrage at its tactics. Not only have JSO activists been spat at, physically assaulted and run over by angry car drivers, but 15 members are also currently serving jail sentences following arrests and charges.

    But the intense backlash directed at JSO is not evidence that its campaign faltered. It is a sign that these activists succeeded in emotionally charging the public debate about climate change. They gave the public something to argue about, react to, even mock — and in doing so, made the climate crisis impossible to ignore.

    The alternative, an apathetic consensus, would entail passively accepting the dominant approach to address the climate crisis. That means market-based solutions, a faith in technological innovation, and incremental policy reforms within existing political and economic systems. These have arguably to date failed, as global temperatures continue to skyrocket.

    Through my own research on climate activism, I have studied how environmental protest influences policy, corporate behaviour and financial markets. Activists can stimulate change, but not through rational arguments alone.

    Change happens by making an emotional splash. It creates antagonism, dissent and tension, which are all needed to enliven public debate. Emotions including anger, fear and guilt play a key role in the ability of activists to create moral urgency and force issues into the spotlight.

    JSO harnessed this emotional logic not only from supporters, but from critics. Those who dragged protesters off roads, raged in comment sections and professed their hate towards the group were reacting because the group had emotionally triggered them. Like a person who gets under your skin, JSO became very hard to ignore.

    As business scholars Thomas Davenport and John Beck argue in their book The Attention Economy, in a saturated information landscape, being memorable — even disruptively — is a strategic advantage. In this sense, JSO “hacked” this logic by demanding emotional and cognitive attention, whether through support or outrage.

    Disruptive protests may be unpopular, but they are effective at attracting media attention and public awareness. As many studies suggest, the more illogical or disruptive a protest, the more media coverage it receives — despite coverage not necessarily translating into more donations and support.

    Of course, disruption risks alienating some people — but that can actually strengthen a movement’s overall influence. The “radical flank effect” shows that when radical activists push boundaries, they often make moderate voices in the same movement appear more reasonable. Recent research on JSO found that even when the group provoked public anger, support for moderate organisations such as Friends of the Earth increased.

    This dynamic reflects what sociologist Thomas Roulet calls The Power of Being Divisive. Being controversial can actually benefit a cause by amplifying its message and deepening support from those already aligned. Polarisation, in this view, is not always harmful — it can be strategically useful. In the case of JSO activists, controversy did not dilute their message. Rather, it intensified its resonance with those already primed to act.

    Turning emotion into action

    JSO has also uniquely been able to provide direction for many struggling to navigate climate change’s volatile emotional context. As philosopher Glenn A. Albrecht describes in his book Earth Emotions, events such as climate change, mass species extinction and environmental degradation are creating a global emotional crisis, marked by a mix of grief, anxiety and powerlessness.

    JSO has effectively tapped into this emotional turbulence, turning despair into urgency and action. Its actions can be seen as emotional interventions for a society struggling to process ecological loss.

    Left undirected, emotions related to conditions such as climate change-related “eco-anxiety” can lead to paralysis – a state of emotional overwhelm that prevents people from taking meaningful action or engaging with the climate problem. But research shows that when movements channel emotions — especially by transforming fear into shared action — they build momentum. One study of climate organisers found that protest participation gave people a way to manage despair by reclaiming a sense of purpose and solidarity.

    A frequent refrain is that the objectives are valid, but the strategies are too extreme. But history shows that disruptive tactics have long played a role in forcing attention to urgent issues. From the suffragettes chaining themselves to railings, to civil rights sit-ins, to ACT UP’s dramatic interventions during the Aids crisis — disruption has often preceded progress. Movements that are easy to ignore tend to be forgotten. JSO made itself, and its cause, impossible to ignore.

    JSO’s campaign may be over, but the emotional legacy it leaves behind — frustration, urgency and debate — will outlast its tactics. The group exposed a society uneasy with the scale of change climate action demands, and showed that public anger is not a threat to activism, but a measure of its impact. If you were angry at them, that’s understandable — disruption is inconvenient. But the real question now is where we direct that energy: towards those resisting climate action, or those demanding we seriously do something about it.

    George Ferns does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. Being hated worked for Just Stop Oil – https://theconversation.com/being-hated-worked-for-just-stop-oil-253379

    MIL OSI – Global Reports –

  • MIL-OSI United Kingdom: Verulamium Park’s St Michael’s Street entrance reopened after new footpath installed

    Source: St Albans City and District

    Publication date:

    A temporary elevated footpath has been installed in a Verulamium Park flood plain to allow the reopening of its St Michael Street entrance.

    The entrance was closed last year after persistent flooding at Bell Meadow, which is beside the River Ver, damaged its tarmac path.

    An inspection found that parts had become slippery, eroded and a potential hazard to park users.

    St Albans City and District Council, which owns the park, was advised it had no option but to close off the meadow for health and safety reasons.

    Various plans to allow a reopening were considered with the task being complicated by the park’s status as a scheduled ancient monument due to its Roman past.

    Any digging or disturbance to the ground requires Historic England’s permission.

    A decision was taken to adopt a temporary solution and commission the building of a bespoke metal footpath.

    It has now been installed allowing for the reopening of the meadow and the St Michael’s Street entrance.

    The metal path is raised high enough to avoid being covered with flood water and straddles the frequently flooded sections of the tarmac path.

    It is suitable for wheelchair users or baby buggies and includes passing places to allow for them to move along in both directions. A wider structure would have been prohibitively costly and require permission for digging into protected ground.

    The metal path also has various safety features including rails on either side to guard against people accidentally stumbling off.

    A grant of £50,000 from the Government’s UK Shared Prosperity Fund financed the project.

    In the longer term, the Council will look to build a new footpath and boardwalk as part of a multi-million-pound project to improve the environment of the park around its two artificial lakes.

    Amanda Foley, the Council’s Chief Executive, said:

    I am delighted that the St Michael’s Street entrance has now been reopened and I know that many of our residents will be too.

    Regular park users understood that we had no option but to close off the meadow which has been repeatedly flooded for reasons outside of our control. I thank them for the patience they have shown while we looked at a solution.

    We were determined to find one despite the challenging  financial climate we are faced with and the park’s scheduled ancient monument status.

    It is likely the installed footpath will be there for a couple of years or so while we finalise and implement our plans to improve the area around the artificial lakes.

    We will keep our residents informed of our progress on this ambitious project which will be transformational for the park.

    Photo: the new footpath in Bell Meadow, Verulamium Park.

    Media Contact: John McJannet, Principal Communications Officer, 01727 819533, john.mcjannet@stalbans.gov.uk.

    MIL OSI United Kingdom –

  • MIL-OSI Canada: $33.7 Million Highway 2 Over Trans Canada Highway 1 Project Underway at Moose Jaw

    Source: Government of Canada regional news

    Released on March 28, 2025

    Today, Highways Minister David Marit and the Moose Jaw community celebrated the recent start of an estimated $33.7 million project to raise the height of Highway 2 over Trans-Canada Highway 1 in Canada’s Most Notorious City.

    “Once completed the project will improve safety and trucking efficiency over the long term on Trans-Canada Highway 1 in Saskatchewan, which connects the province’s export-based economy to the rest of the country – and the world,” Marit said.

    The overpass project involves demolishing the existing pair of nearly 60-year-old Highway 2 over Highway 1 bridges, which have a clearance height of 4.5 metres and have been hit multiple times over the years by oversized traffic. The new structures will have a clearance height of 5.3 metres.

    “On behalf of City Council, we thank the Ministry of Highways for undertaking this critical overpass project,” Moose Jaw Mayor James Murdock said. “This improvement not only benefits the trucking industry, which is a cornerstone of our local economy, but also enhances the overall safety and well-being of our community, and the thousands of tourists that use Highways 1 and 2 to visit us in Canada’s Most Notorious City.”

    The existing classic cloverleaf shaped on- and off-ramps will also be replaced with modern diamond-shaped on- and off-ramps.

    “The Saskatchewan Trucking Association welcomes the investment in the Highway 2 overpasses at Moose Jaw,” Saskatchewan Trucking Association Executive Director Susan Ewart said. “This project is a critical improvement that will enhance safety and efficiency for trucking operations on this key transportation corridor, while demonstrating the provincial government’s commitment to modernizing infrastructure.” 

    A Ministry of Highways contractor began staging in the area in mid March and is expected to begin demolishing the northbound bridge the week of April 1.

    During construction this year, Highway 2 will have two-way traffic on the southbound bridge while the new northbound bridge is being built. Next year, Highway 2 will have two-way traffic on the new northbound bridge while the new southbound bridge is being built. 

    Highway 1 underneath the bridges will be reduced to two-way traffic throughout the project. Traffic from the exit ramps will be detoured as needed.

    All motorists are reminded to obey all signage and flag persons in the area and to check the Highway Hotline at https://hotline.gov.sk.ca/ for construction updates before heading out.

    The project is expected to be completed by the end of 2026, pending weather.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI Canada: More money for hands-on learning

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    “We are working to set students up for success by strengthening job-focused education. This money is helping schools partner with businesses, universities and colleges to create programs that will help students hit the ground running after they graduate.”

    Demetrios Nicolaides, Minister of Education

    Career education helps students gain credits towards graduation while earning hands-on experience in fields like the trades, computer programming, health care, agriculture, culinary arts and more. These career education programs support a strong economy by helping students learn the skills they need to get in-demand jobs.

    Collegiate schools

    Collegiate schools work with businesses, universities and colleges to offer classes that give students pathways to education and careers in the job of their choice. There are 12 collegiate schools in Alberta, offering many different types of programming for grades 7-12, including aviation, graphic design, trades and more.

    If passed, Budget 2025 provides more than $21 million to school boards to help fund special classrooms like carpentry workshops, film and media rooms, science laboratories, heavy equipment simulators and aircraft hangars. Another $6 million is being invested to support the start-up costs for new collegiate schools.

    Dual-credit programs

    Budget 2025, if passed, also provides $4.6 million in 2025/26 to start new or improve existing dual-credit programs. In partnership with universities and colleges, dual-credit programs give students a head start on rewarding careers by allowing them to earn high-school and post-secondary credits at the same time. Of the $4.6 million, $550,000 is being provided by Alberta Seniors, Community and Social Services for new and improved dual-credit health care aide programs.

    “Health care aides play a critical role in ensuring Albertans receive the continuing care services they need to maintain their health, independence and quality of life. Our investments into career pathways for health care aides will provide opportunities for young Albertans to develop the skills they need to build a rewarding career in Alberta’s continuing care workforce.”

    Jason Nixon, Minister of Seniors, Community and Social Services

    Another $1.4 million is being invested to support students participating in off-campus career education programs through CAREERS. This non-profit connects students to jobs in high-demand fields, such as the trades, technology, health, forestry and agriculture.

    “Investments in collegiate and dual-credit programming are significant for Calgary Catholic as they further strengthen our collegiate and dual-credit programming. This programming will open opportunities for our students and help them to realize their full potential.”

    Shannon Cook, chair, Calgary Catholic School District

    “Before Fusion Collegiate, I felt lost and wasn’t really sure what to do after high school. Thanks to its career-focused learning and the opportunities through Fusion and The Educational Partnership Foundation, I’m now working as a first-year apprentice plumber with Mr. Rooter. The hands-on trades training, high school credits, safety certifications, and real-world skills I picked up completely changed my life. I’m excited about where my career is headed and really thankful for the support that helped me get here.”

    Francis Mazieta, student, Fusion Collegiate

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

    Quick facts

    • If passed, Budget 2025 invests $102.4 million over three years to provide sustainable, predictable career education funding, and to increase access to career education for Alberta students.
      • This includes $8.4 million over 2026-27 and 2027-28 to raise awareness among students and families of career education programs and pathways available to Alberta students.
    • Career education in Alberta includes career and technology courses, Career and Life Management (CALM), dual-credit courses, collegiate schools, apprenticeships and off-campus education programming.
    • Since 2013, more than 95,000 high school students participated in at least one dual–credit course.
    • In spring 2025, Alberta Education will engage with education partners on best practices to bring more career education opportunities to students.
      • Since 2022, education partners and almost 5,000 Albertans have provided their feedback on career education and workforce needs.

    Related information

    • Dual credit – Start-up funding for school authorities
    • Dual credit – Enhancement funding for school authorities
    • Dual Credit Review Advisory Group
    • Collegiate schools

    Related news

    • Career education empowers students’ futures (Nov. 20, 2024)
    • Giving students a head start in Alberta’s job market (June 5, 2024)
    • Exploring Germany’s career education model (June 6, 2024)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

  • MIL-OSI Canada: Prime Minister Carney speaks with President of the United States Donald J. Trump

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, spoke with the President of the United States, Donald J. Trump. The Prime Minister and the President had a very constructive conversation about the relationship between our two countries.

    The leaders agreed to begin comprehensive negotiations about a new economic and security relationship immediately following the election. In the interim, the leaders agreed that conversations between the Minister of International Trade and Intergovernmental Affairs and President of the King’s Privy Council for Canada, Dominic LeBlanc, and the United States Secretary of Commerce, Howard Lutnick, will intensify to address immediate concerns.

    The Prime Minister told the President that he would be working hard for the next month to earn the right to represent Canada in those discussions.

    The Prime Minister informed the President that his government will implement retaliatory tariffs to protect Canadian workers and our economy, following the announcement of additional U.S. trade actions on April 2, 2025.

    MIL OSI Canada News –

  • MIL-OSI USA: Reps. David Scott, Cleaver, and Williams Oppose Trump Admin Efforts to Hurt Consumers by Merging the FDIC with Other Banking Regulators

    Source: United States House of Representatives – Congressman David Scott (GA-13)

    WASHINGTON D.C. – Today, Congressman David Scott (GA-13), Congressman Emanuel Cleaver (MO-05), and Congresswoman Nikema Williams (GA-05), members of the House Financial Services Committee,  led 50 House Democrats in sending a letter to Travis Hill, the Acting Chairman of the Federal Deposit Insurance Corporation (FDIC), opposing the Trump Administration’s effort to undermine the agency’s critical role of ensuring financial stability and protecting consumers from financial harm.

    This letter follows ongoing reports that the Trump Administration and Elon Musk are planning to move forward with a proposed merger of the FDIC with other key banking regulators, including the Consumer Financial Protection Bureau (CFPB), the Office of the Comptroller of the Currency (OCC), and the Federal Reserve’s supervisory division. In recent weeks the Administration fired hundreds of bank examiners, failed to put forward Acting Director Hill’s nomination to officially lead the agency before the U.S. Senate, and reportedly asked the Treasury Department to draft recommendations streamlining the role of other banking regulators in order to excerpt more control over them.

    “The notion that the President would consider merging or consolidating the FDIC is an outrageous, reckless, and profoundly irresponsible attack on the financial security of millions of Americans,” said Congressman David Scott (GA-13). “The FDIC has been the backbone of our banking system for nearly a century, ensuring that depositors’ money is safe and protected against bank failures. To dismantle the institution by firing the very people tasked with overseeing bank soundness and safety, is to invite chaos, economic instability, and financial ruin for working families and small businesses across Georgia and the nation. Acting Chair Travis Hill must immediately rebuff any attempt to blunt or politicize the mission of the FDIC, oppose the mass layoff of key examiners and reaffirm his commitment to the agency’s independence.”

    “Since the Great Depression, the FDIC has played a vital role in supporting the wellbeing of American families and the economy, promoting stability and confidence in the banking system and guaranteeing that hard-earned deposits are protected,” said Congressman Cleaver (MO-05). “Having been in Congress during the 2008 financial crisis, I’ve seen the horrible consequences that follow reckless deregulation and inadequate oversight of America’s financial system. While I pray to never see such an economic collapse again, the Trump Administration’s efforts to put special interests over the interests of everyday Americans by gutting the FDIC and those responsible for ensuring our financial system is sound leave me properly petrified. It’s imperative that the Acting FDIC Chair protect the mission and integrity of the independent agency before another tragedy occurs.”

    “Once again, President Trump is showing his laughable ignorance of our financial system,” said Congresswoman Williams (GA-05). “The FDIC’s independence is essential to protecting confidence and stability in our banking system. Chairman Hill’s willingness to entertain consolidating the FDIC with other banking regulators, while it is already understaffed, is a direct threat to that stability. Dismantling this agency is another thinly veiled attempt to attack working families, many who look like my constituents in Atlanta, and a deliberate attempt to widen the racial wealth gap.”

    “The National Treasury Employees Union (NTEU), representing the employees at FDIC, OCC and CFPB, is grateful for Representatives Scott, Cleaver, Williams and others for their letter to Acting Chair Hill.  The current Administration is playing reckless games with the bank deposits of hard-working Americans.  Firing hundreds of experienced bank examiners puts every American’s bank accounts at risk.” Doreen Greenwald, National President, National Treasury Employees Union.

    “It is gravely misguided and dangerous to undermine the independence of the FDIC which has tirelessly and capably protected depositors and the economy for almost a century. People rely on the FDIC seal of approval and communities across the country rely on the FDIC to preserve the safety and soundness of local banks.” Patrick Woodall, Managing Director of Policy, Americans for Financial Reform.

    The letter was endorsed by: Americans for Financial Reform (AFR), the National Treasury Employees Union (NTEU) and Public Citizen.

    Full list of signers include: David Scott (GA), Emanuel Cleaver (MO), Nikema Williams (GA), Balint, Beatty, Boyle, Brown (OH), Carson, Carter (LA), Casar, Casten, Cisneros, Conaway, Davis (IL), Evans (PA), Fields, Foster, Garcia (TX), Goldman (NY), Green (TX), Ivey, Jackson (IL), Jayapal, Hank Johnson (GA), Julie Johnson (TX), Kelly (IL), Khanna, Latimer, Lynch, McBath, McGovern, Meeks (NY), Nadler, Norton, Ocasio-Cortez, Pettersen, Pressley, Quigley, Ramirez, Ross, Schakowsky, Sewell, Bennie Thompson (MS), Mike Thompson (CA), Tlaib, Tokuda, Vargas, Velázquez, Wilson (FL)

    The text of the letter can be found HERE.

    MIL OSI USA News –

  • MIL-OSI USA: SBA Relief Still Available to South Dakota Small Businesses and Private Nonprofits Affected by Summer Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in South Dakota of the April 28, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the drought beginning Aug. 20, 2024.

    The disaster declaration covers the counties of Custer, Fall River, Haakon, Jackson, Lawrence, Meade, Oglala Lakota and Pennington in South Dakota, as well as Niobrara and Weston counties in Wyoming.

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

    EIDLs are for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

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

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

    Submit completed loan applications to the SBA no later than April 28.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI: SafeCard Reviews: DO NOT Spend A Dime Till You Have Read This Unbiased Report

    Source: GlobeNewswire (MIL-OSI)

    WOODHAVEN, N.Y., March 28, 2025 (GLOBE NEWSWIRE) — Recently, searches for “SafeCard reviews” and “SafeCard consumer reports” are soaring, as there are lots of questions such as how it operates, safety advice, whether one should buy SafeCard, pros and cons, among others. This heightened interest necessitated the need for an in-depth SafeCard review article, everything you would want to know in between.

    In today’s hyper-connected world, digital ease often comes at a steep price—personal security. Cybercrime has evolved into an unremitting, unconquerable force, sparing no one from its reach. From everyday shoppers to Fortune 500 companies, millions fall prey to identity theft, unlawful transactions, and devastating data breaches. According to the World Economic Forum, if cybercrime were a nation, it would rank as the world’s third-largest economy, with estimated damages exceeding $9 trillion by 2024. Even more jarring is the fact that fewer than 1% of cybercriminals in the U.S. are ever caught, leaving most people susceptible without even realizing it.

    Amidst this evolving virtual battleground emerges SafeCard; a simple yet formidable solution engineered to shield your data from the unnoticed onslaught of cyber thieves. Designed with state-of-the-art RFID and NFC blocking technology, SafeCard forms an imperceptible barrier around your wallet, blocking unauthorized signals before they can do any harm. Whether you’re traversing crowded airports or relishing a quiet moment at your favorite café, SafeCard discreetly protects your credit cards, passports, and IDs, guaranteeing that your sensitive information remains safeguarded against prying eyes.

    What truly distinguishes SafeCard is its seamless integration into your daily routine. With no batteries to charge, no apps to install, and no complicated setups to manage, it activates the moment you slide it into your wallet. Formulated from durable, water-resistant materials and meticulously tested by leading cybersecurity experts, this sleek card works silently in the background, protecting your identity even when you’re not actively thinking about it.

    In a time marked by real-world cyberattacks, like ATM skimming incidents at major retailers, and well-orchestrated attacks, targeting financial institutions—taking control of your digital safety is more critical than ever. SafeCard equips you to protect your personal information without compromising on convenience or style. Ready to upgrade your everyday security? Read on to discover why SafeCard is expeditiously becoming a crucial tool for anyone who values their identity and peace of mind.

    What Is a SafeCard? (SafeCard Reviews)

    In today’s digital age, the convenience of contactless payments comes with unknown risks. RFID skimming—a method used by cybercriminals to quietly steal your card data—has become an progressly common threat. SafeCard is an innovative RFID-blocking card that creates an invisible shield of 5cm around your credit cards, debit cards, passports, and IDs, guaranteeing your sensitive information remains protected from illicit scanning.

    Unlike traditional RFID-blocking wallets or sleeves that can be unwieldy, SafeCard is formulated for seamless integration into your daily routine. Its ultra-thin, compact build slips seamlessly into your wallet or purse without adding extra bulk. Designed from durable, waterproof, and tear-proof materials, SafeCard offers continuous, hassle-free protection without the need for batteries or charging. This trustworthy and sophisticated solution functions around the clock—whether you’re traversing busy airports or simply running errands.

    Utilizing groundbreaking RFID and NFC-blocking technology, SafeCard proactively restricts unauthorized devices from accessing your data. Crafted with the latest advancements in digital security and thoroughly tested by renowned cybersecurity experts, Many USA consumer reports and reviews confirm that SafeCard not only safeguards your information but also sets a new standard in personal data defense. Gathering positive reviews from thousands of satisfied users, it has instantly become a reliable tool in the battle against digital theft, earning accolades for its efficiency and simplicity.

    Based on verified USA and Canadian consumer reports, SafeCard is rated safe, top tier, legit and with an excellent 4.98 ratings making it one of the most preferred and reliable RFID & NFC blocking devices available in the USA and Canada. In essence, SafeCard is far more than just a security accessory; it’s a refined tool for your digital life. By seamlessly integrating advanced technology with a sleek build, SafeCard equips you to secure your personal information in a progressively interconnected world, guaranteeing that you stay one step ahead of cybercriminals.

    To ensure you enjoy this device for a long time, SafeCard is both waterproof and tear-proof. Its durable construction ensures long-lasting performance, making it a reliable companion for anyone concerned about digital security. All SafeCard reviews consumer reports say that SafeCard is not just a product; it’s everybody’s peace of mind to secure all your digital data and information. SafeCard empowers you to take control of your data security effortlessly by making protecting yourself easier or more convenient. With SafeCard, you can navigate public spaces confidently, knowing you are shielded from hidden threats.

    CLICK HERE TO BUY YOUR SAFECARD FROM THE OFFICIAL WEBSITE MASSIVE DISCOUNT TODAY

    How Does SafeCard Actually Work? (Safecard Reviews)

    In a world where digital transactions and RFID-enabled cards are progressively prevalent, the hazards of cyber theft have never been higher. Independent tests and cybersecurity experts validate that RFID-blocking technology—like that used in SafeCard is highly efficient in restricting unlawful scans. By creating an electromagnetic shield, SafeCard intercepts the communication between your cards and potential skimming devices, guaranteeing your sensitive data remains inaccessible to cybercriminals.

    Safecard works excellently well to protect your personal information stored on credit cards, IDs, and passports from unauthorized scanning by electronic pickpockets, essentially creating an invisible barrier against data theft by preventing RFID (Radio Frequency Identification) and NFC (Near Field Communication) signals. All reviewers revealed that SafeCard has been recognized for its superior performance and ultimate reliability thereby making it the best digital theft protective tool among many customers in the United States, UK, Australia and Canada.

    Real-world testing further stresses SafeCard’s effectiveness. When in use, RFID scanners are unable to reclaim any information from your cards. Numerous customer testimonials and independent certifications underscore these findings, with many users reporting successful security in high-risk environments such as airports, busy shopping centers, and public transportation hubs. This solid evidence shows that SafeCard is not only a marketing ploy but a trusted tool in the fight against identity theft.

    While SafeCard is excellent at eliminating RFID-based attacks, it is pertinent to note its limitations. It does not shield against online fraud, phishing scams, or traditional card theft—risks that still require sturdy cybersecurity practices. For in-depth financial safety, users should complement SafeCard with secure passwords, two-factor authentication, and regular monitoring of bank accounts. Nevertheless, as a physical shield, SafeCard adds a crucial extra layer of shield that can remarkably diminish the hazards of unsolicited digital transactions and identity theft.

    What Are The Distinguished Features of SafeCard Safeguard (SafeCard Reviews)

    SafeCard is an innovative RFID-blocking card designed to protect you from identity theft, unauthorized transactions, and cyber fraud. With digital crimes on the rise, SafeCard gives a robust, revolutionary solution to safeguard your personal and financial information. Below are the standout features that make SafeCard a formidable security tool:

    • Advanced RFID & NFC Blocking Technology: SafeCard uses state-of-the-art electromagnetic shielding to block RFID (Radio Frequency Identification) and NFC (Near Field Communication) signals. In today’s world, many credit cards, passports, and ID cards are integrated with RFID chips, making them exposed to virtual scanning by cyber criminals. SafeCard acts as a proactive barrier, jamming these signals and preventing unauthorized access to your sensitive data. This technology is particularly essential given the global surge in identity theft, guaranteeing your financial and personal information stays safeguarded in public spaces, airports, and shopping centers.
    • No Batteries or Charging Required: One of SafeCard’s most significant advantages is its passive, maintenance-free operation. Without requiring batteries or charging, it continuously emits a jamming signal to thwart unauthorized RFID scanning attempts. Whether you’re traveling internationally or commuting daily, SafeCard offers round-the-clock protection that’s completely hassle-free—no setup, no maintenance, just constant, reliable security.
    • Compact, Ultra-Thin, and Lightweight Design: Crafted for seamless integration into your daily routine, SafeCard is as thin as a standard credit card. It slips easily into any wallet, purse, or cardholder without adding bulk. Unlike traditional RFID-blocking sleeves that can be unwieldy and require individual card insertion, SafeCard safeguards multiple cards at once. Its sleek, minimalist build appeals to professionals, travelers, and anyone who values both style and functionality.
    • Multi-Card Protection: With SafeCard, a single unit provides in-depth protection for all your RFID-enabled cards. There’s no need to buy separate sleeves for each card—simply placing one SafeCard in your wallet generates an electromagnetic shield that covers all nearby cards. This all-in-one method is particularly beneficial for those who carry multiple credit cards, debit cards, access badges, or government-issued IDs, ensuring full-spectrum protection with minimal effort.
    • Universal Compatibility: SafeCard is formulated to work with all RFID and NFC-enabled documents and cards. It efficiently protects a wide range of items, including; Credit and debit cards, Passports and e-passports, Government-issued ID cards, Corporate access and security badges, Public transport cards, Hotel key cards.
    • Water-Resistant and Durable Build: Designed to persevere the rigors of daily use, SafeCard features a high-quality, water-resistant construction that guarantees lasting durability. Unlike flimsy RFID-blocking sleeves that may degrade over time, SafeCard is designed to withstand accidental spills, moisture exposure, and daily wear and tear. Its sturdy build makes it an exceptional long-term investment for continuous protection against cyber threats. Finally, many RFID-blocking products require frequent replacements due to wear and tear, but with SafeCard, you can expect long-lasting protection for over three to five years.
    • No Setup Required: SafeCard is crafted for immediate, effortless use. It activates the moment it’s placed in your wallet, blocking the need for any software downloads, app installations, or manual configuration. This ready-to-use functionality valids that users of all technical skill levels—from tech-savvy travelers to seniors—can enjoy effortless and trustworthy protection at all times.
    • Tested and Certified Security: Safety is paramount. Many reviews confirmed that SafeCard has undergone thorough testing and earned certifications from top cybersecurity and financial security organizations. These credentials verify its effectiveness in eliminating RFID and NFC signals, meeting the highest industry standards.

    Why Are SafeCards Better and Superior To Similar Products in the Market? (SafeCards Reviews USA)

    In a market flooded with RFID-blocking sleeves, wallets, and gadgets, SafeCard distinguishes itself with a seamless blend of innovation, convenience, and reliability. All reviewers revealed that SafeCard stands out from other RFID blockers due to its advanced anti theft’s RFID and NFC blocking technology, which offers unparalleled protection for your credit cards, IDs, and smart passports. SafeCard actively shields your personal information from digital theft thereby making it most effective and versatile in terms of protecting your data.

    While many products offer only basic protection against skimming and digital theft, SafeCard leverages advanced electromagnetic protection that not only eliminates RFID and NFC signals but also creates a protective radius to protect multiple cards simultaneously. This means you no longer need to fit each card into a separate compartment—SafeCards design offers consistent, maintenance-free protection without batteries or apps.

    A key differentiator is SafeCard’s thoughtfully formulated design. Crafted to be compact and lightweight, it slides seamlessly into any wallet without adding bulk. Many competing RFID-blocking products force users to choose between security and style, but SafeCard delivers both. Its sleek, minimalist profile incorporates effortlessly with your existing wallet or cardholder, while its water-resistant and durable materials guarantee long-term protection against everyday wear and tear. It’s not just a security device—it’s an elegant, indispensable addition to your everyday carry.

    Finally, SafeCard’s proven track record of customer satisfaction promotes it above the competition. While other products make overblown claims, SafeCard fulfills its promises with thorough testing and certifications from respected cybersecurity institutions. It’s a product crafted for those who are not willing to compromise on security, ease, or peace of mind. Across USA and Canada, the majority of SafeCard user reviews call it a very effective card for stopping unauthorized scanning and securing sensitive personal data.

    CLICK HERE TO BUY YOUR SAFECARD FROM THE OFFICIAL WEBSITE MASSIVE DISCOUNT TODAY

    Why Should I Buy a SafeCard? (SafeCard USA Reviews)

    In an era where cybercrime is escalating at an unprecedented rate, protecting your personal and financial information is no longer optional—it’s crucial. Digital thieves and hackers are incessantly refining their tactics to leverage everyday vulnerabilities in contactless transactions and RFID-enabled devices. Without a sturdy shield, you are unremittingly at risk of identity theft, unlawful withdrawals, or fraudulent buys. SafeCard acts as a hidden shield, intercepting nefarious signals before they can reach your sensitive data.

    All available reviews unequivocally show that SafeCard is the wisest and smartest purchase for anyone looking for a long-lasting way to stay safe from digital theft because of its water- and scratch-resistant features, extending its longevity. Most of the SafeCard reviews say that this card is undoubtedly the most affordable NFC and RFID card with an array of incredible features as well as functions.

    What makes SafeCard an exceptional investment is its effortless integration into your daily life. Formulated to work passively—without the need for batteries or complex apps—SafeCard gives round-the-clock protection without demanding any action on your part. Simply slip it into your wallet alongside your credit cards, debit cards, and IDs, and it immediately generates a secure barrier that eliminates unlawful RFID and NFC scans. As opposed to bulky metal wallets or clumsy protective sleeves, SafeCard reserves the sleekness and ease of your favorite wallet while providing a crucial layer of defense.

    Beyond its technical prowess, SafeCard delivers a tangible sense of security that extends to your emotional well-being. SafeCard RFID Blocking card is essential for professionals, business executives, and entrepreneurs who often use contactless payment cards, key cards, and business IDs to protect their financial and professional data. With its proven track record, SafeCard is the top choice for safeguarding sensitive information. In conclusion, SafeCard is effective, reliable, and widely regarded as a trusted protector against digital identity theft.

    Benefits of SafeCard (SafeCard Reviews)

    • Peace of Mind While Traveling: Traveling to new places should be an exhilarating adventure—not a source of stress. Regrettably, tourists are prime targets for cybercriminals looking to leverage unsecured RFID and NFC signals. With SafeCard, you can explore the world worry-free. Its advanced blocking technology ensures that your sensitive data remains protected from hackers and electronic pickpockets. Verified buyer Rachel T. recounted her experience in Rio: “No more stolen data, no more stress.” Whether you’re boarding a train in Europe or browsing bustling markets in Asia, SafeCard provides complete peace of mind so you can focus on making memories instead of worrying about identity theft.
    • Protects Your Entire Family’s Digital Identity: Cybercrime doesn’t merely target individuals—families are at risk, too. From your family members’ credit cards to your child’s school ID, SafeCard delivers indepth protection for everyone. Verified buyer James K. purchased a three-pack for his family, stating: “Now, wherever we go, we know our data is secure.” By eliminating unauthorized RFID and NFC signals, SafeCard keeps your family’s financial and personal information safely out of reach of fraudsters. Whether shopping, commuting, or traveling, you can all move confidently aware that SafeCard has you safeguarded.
    • Freedom to Shop at Markets and Public Events Without Fear: Open spaces such as holiday markets, festivals, and fairs are hotspots for digital theft. Invisible scanners can swipe your personal information without you even suspecting it. Verified buyer Melissa H. experienced this risk firsthand and turned to SafeCard for protection: “SafeCard blocks thieves silently, and I haven’t had an issue since.” Whether you’re picking up gifts at a Christmas market or paying at a local food stall, SafeCard allows you to shop freely and securely—eliminating the worry of card skimming.
    • Hassle-Free, 24/7 Protection with Zero Maintenance: One of SafeCard’s most important features is its seamless operation. Distinct from gadgets or apps that require batteries, updates, or complex setups, SafeCard functions passively and continuously. Once it’s in your wallet, it needs no further attention. Enjoy seamless, around-the-clock safeguard without the hassle of recharging or manual activation. Customers appreciate the simplicity—no learning curve, just trustworthy, maintenance-free security working silently in the background.
    • Saves You From the Emotional Stress of Financial Loss: The financial and emotional toll of identity theft can be devastating. Losing money is one thing, but the time and stress required to recover stolen funds or repair damaged credit can be overwhelming. Rachel T.’s experience in Rio highlights just how vulnerable we all can be: “I was devastated.” SafeCard offers more than just financial security—it offers genuine emotional relief. With SafeCard safegurding your data, you gain confidence and alleviate the anxiety that comes with the constant threat of cybercrime.
    • Empowers You to Take Control of Your Digital Safety: In today’s digital era, your security should be in your own hands—not left to chance. SafeCard empowers you to take proactive steps to secure your data rather than waiting for a breach to occur. As James K. explains: “It’s such a relief!” Instead of leaning entirely on banks or institutions to catch fraud, SafeCard gives you personal control over your digital safety. This easy yet efficient solution transforms you into an active guardian of your privacy.
    • Affordable Security That’s Easy to Share: SafeCard is crafted to be both effective and affordable. By blocking unnecessary middlemen and selling directly to you, it delivers high-value protection without the hefty price tag of traditional cybersecurity products. Whether buying one for yourself or multiple for your entire family—as James K. did—this investment pays immediate dividends in peace of mind. SafeCard also makes a thoughtful gift for loved ones who frequently travel or work in high-traffic public areas, ensuring everyone can benefit from robust digital security.

    CLICK HERE TO BUY YOUR SAFECARD FROM THE OFFICIAL WEBSITE MASSIVE DISCOUNT TODAY

    How to Use SafeCard (SafeCard Reviews)

    • Place SafeCard in Your Wallet or Purse:Simply slide SafeCard into any slot in your wallet, purse, or cardholder. Its ultra-thin, credit card–sized build blends effortlessly without adding extra bulk, making it a seamless addition to your daily carry.
    • Instantly Activate Protection Within Seconds: There’s no setup required. Once SafeCard is in place, it automatically generates an invisible shield that eliminates RFID and NFC signals within a 5 cm radius. This means all your nearby cards are instantly protected from prospects skimming attempts, whether you’re traveling, shopping, or commuting.
    • Enjoy 24/7, Maintenance-Free Security: SafeCard works passively, removing the need for batteries, charging, or app updates. Place it in your wallet once, and it provides continuous, around-the-clock protection—ensuring lasting peace of mind wherever life takes you.

    Is SafeCard a Scam or Legit? (SafeCard Review)

    SafeCard is a legitimate RFID & NFC blocker backed by numerous positive reviews and verified testimonials that confirm it efficiently eliminates illicit RFID and NFC scans while allowing for effortless daily use, whether you’re tapping to pay or withdrawing cash. Its improved technology generates hidden protection against digital theft, giving real peace of mind in busy, high-risk environments.

    SafeCard delivers premium features, including advanced RFID-blocking technology, waterproof and tear-proof durability, and a slim design that fits any wallet without adding bulk. Despite its superior functionality and long-lasting protection, SafeCard remains highly affordable, ensuring customers receive exceptional value for their investment.

    The SafeCard offers a cost-effective, user-friendly, and reliable solution for safeguarding your money and digital identity. Numerous consumer reports across the USA have praised its effectiveness, with verified users consistently giving it high ratings on the company’s website.

    Formulated from durable, waterproof, and tear-proof materials, SafeCard is constructed to withstand daily wear without compromising its protective capabilities. Its compact design blends seamlessly into any wallet, proving that sturdy security and convenience can coexist in a single, unobtrusive device.

    Thousands of satisfied customers have shared glowing 5-star reviews, emphasizing SafeCard’s consistent performance and reliability. These firsthand accounts demonstrate that SafeCard is not a scam but a proven, reliable solution for safeguarding your financial and personal information in today’s digital age.

    Across many polls and online surveys, Safecard is the topmost trending RFID and NFC Blocker of 2025 in the United States (US), the United Kingdom (UK), Canada (CA), New Zealand (NW), and Australia (AU). SafeCards are the solution if you’re searching for an easy, dependable, and efficient approach to safeguard your data. I can’t live without this product.

    Pros of SafeCard (SafeCard Reviews)

    • Safecard Blocks Unauthorized RFID and NFC Scans Effortlessly
    • Provides an invisible barrier that keeps your personal and financial data secure.
    • Hassle-Free Use with Contactless Payments and ATMs
    • Protects your information while allowing seamless tap-to-pay and ATM transactions.
    • Ultra-Slim and Discreet Design for Everyday Carry
    • Slides into any wallet without adding bulk, maintaining the sleek aesthetics of your everyday carry.
    • Durable, Waterproof, and Tear-Proof Construction
    • Built to endure daily use and resist damage from water or tears, ensuring long-term protection.
    • Continuous 24/7 Protection—No Batteries or Charging Required
    • Operates passively to deliver non-stop security without any extra maintenance.

    Cons of SafeCard (SafeCard Reviews)

    • Exclusively Available Online: SafeCard is sold only through its official website, which might be inconvenient for those who prefer in-store shopping.
    • Limited-Time Promotional Offers: Current discounts and bundle deals are part of limited-time promotions; prices may increase once the offers expire.
    • High Demand Can Lead to Stock Shortages: Due to its growing popularity, SafeCard often sells out quickly and restocks may be delayed.

    Where to Buy the Original SafeCard (SafeCard Reviews)

    The authentic SafeCard is available exclusively through the official SafeCard website. Buying directly guarantees that you receive an original product with all its protective features, along with access to special discounts and exclusive offers often available for a limited time. Due to high demand and limited supply, it’s wise to act quickly—purchasing from the official site also ensures secure payment options and warranty policies, offering you added peace of mind.

    CLICK HERE TO BUY YOUR SAFECARD FROM THE OFFICIAL WEBSITE MASSIVE DISCOUNT TODAY

    Why Is SafeCard So Affordable?

    SafeCard is cost-effectively priced because its manufacturers are committed to making sturdy digital protection accessible to everyone. By eliminating middlemen and selling directly through their official website, they avoid the extra retail markups that increase expenses. This direct-to-consumer model permits you to receive a high-quality security solution at a fraction of the typical price. Additionally, SafeCard frequently gives special promotions and bulk discounts, making it even easier for individuals, families, and professionals to safeguard their sensitive information without breaking the bank.

    How Much Does SafeCard Cost?

    SafeCard is currently available at highly competitive prices, particularly when purchased directly from the manufacturer. Here are the latest pricing options available during this limited-time promotion:

    • Buy 3 SafeCards + 10% OFF for $45.99
    • Buy 6 SafeCards + 10% OFF for $89.99
    • Buy 9 SafeCards + 10% OFF for $129.99
    • Buy 12 SafeCards + 10% OFF for $159.99

    These unmatched prices make it easier than ever to invest in your digital security and protect yourself and your loved ones from the increasing threats of cybercrime.

    SafeCard Reviews USA Consumer Reports

    Rachel T: “Saved me from a nightmare abroad!” “While traveling through Rio, I discovered my bank account had been drained by scammers. I was devastated. A fellow traveler recommended SafeCard, and it’s been a lifesaver ever since. No more stolen data, no more stress. Now I can travel with confidence knowing my wallet is secure.”

    Melissa H. “Peace of mind in crowded places.” “I love going to holiday markets, but after watching my friend lose hundreds to a scammer, I knew I needed protection. SafeCard blocks thieves silently, and I haven’t had an issue since. It’s the best purchase I’ve made for my security!”

    Hannah L.: “Perfect for travelers like me!” “I’ve had my cards skimmed in airports twice, and it was terrifying. Since using SafeCard, I finally feel safe while traveling. It’s lightweight, discreet, and has stopped several attempted scans already.”

    Aubree R: “A small card with a huge impact!” “I got a SafeCard for myself and my family. It’s so easy to use, and knowing we’re all protected gives me peace of mind every day. It’s worth every penny!”

    Frequently Asked Questions (SafeCard Reviews)

    Still curious about SafeCard? Below are some of the most frequently asked questions to help you make an informed decision.

    Do I Need a New Wallet to Use a SafeCard?

    Not at all! SafeCard slides seamlessly into any wallet—whether it’s a leather wallet, cardholder, money clip, or travel organizer. Its ultra-thin and lightweight design makes it an easy addition without adding any noticeable bulk.

    Should I Use More Than One SafeCard for Extra Protection?

    One SafeCard is enough to shield all your RFID-enabled cards inside your wallet. However, if you use multiple wallets, purses, or bags, having an extra SafeCard in each is a smart move—but stacking them in one wallet won’t increase security.

    Is SafeCard Legit or Just a Scam?

    SafeCard is legit. It’s a reliable and effective solution designed to block unauthorized RFID scans and protect your personal and financial data. Thousands of satisfied customers and a 30-day money-back guarantee back up its authenticity. It’s a tested and proven tool for guarding against electronic theft.

    Is SafeCard Waterproof?

    Yes! SafeCard is built to withstand daily use, and its waterproof design means it holds up even in less-than-ideal conditions. Whether caught in the rain or handling spills, SafeCard keeps doing its job.

    Does SafeCard Require Any Special Maintenance?

    No maintenance is needed! SafeCard doesn’t rely on batteries or charging. Once it’s in your wallet, it provides round-the-clock protection—no fuss, no upkeep.

    How Long Does SafeCard Last?

    Crafted from high-quality materials, SafeCard is made to last for years. You can count on it for long-term, reliable protection without worrying about replacements anytime soon.

    Will SafeCard Affect My Phone or Other Devices?

    Nope! SafeCard only blocks RFID scanners—it doesn’t interfere with your phone, tablet, or any other wireless devices. You’ll stay connected without any disruptions.

    Can I Still Use My Contactless Payment Cards?

    Absolutely. SafeCard only blocks scanners when your cards are inside your wallet. To make a payment, just take the card out and tap as usual—simple and secure!

    Is SafeCard a Good Gift Idea?

    Definitely! SafeCard makes a thoughtful and practical gift for anyone—whether it’s family, friends, frequent travelers, students, or professionals who care about keeping their personal information secure.

    How Can I Tell If My SafeCard Is Working?

    Once it’s in your wallet, SafeCard works automatically. If you try to scan your RFID-enabled card without removing it from your wallet, it won’t register—proof that your SafeCard is doing its job.

    Final Wrap On SafeCard Reviews

    In a world where digital theft continues to escalate—with over $28 billion lost annually—the significance of safeguarding your personal and financial information cannot be overemphasized. SafeCard surfaces as a formidable, user-friendly solution that delivers a 24/7 shield from advanced RFID and NFC skimming devices. Whether you’re waiting in line at your favorite coffee shop or traversing through a bustling airport, SafeCard’s sophisticated protection technology operates silently in the background to ensure that your credit cards and IDs remain secure.

    The real-world testimonials from verified buyers speak volumes about the credibility of SafeCard. From travelers like Rachel T., who found renewed confidence after a harrowing experience abroad, to everyday users like Melissa H. and Hannah L. who now enjoy peace of mind in crowded places, the product has persistently shown its ability to safeguard sensitive data. Its compact, maintenance-free design makes it an invaluable accessory, seamlessly fitting into your wallet without sacrificing style or convenience.

    Beyond the technical features, SafeCard depicts a commitment to equipping individuals to take control of their digital safety. By eliminating unlawful scans and stopping data theft before it even begins, SafeCard is a protective device and it’s your silent bodyguard in a progressively interconnected world. And with current promotional offers, including an unbeatable 50% discount and a risk-free 30-day money-back guarantee, there’s never been a better time to invest in your security.

    Don’t let your wallet become an easy mark for cybercriminals. Adopt a proactive step toward a safer, more secure lifestyle. Safeguard your identity, enjoy every moment of your travels, and join the growing community of satisfied SafeCard customers who are no longer at the mercy of digital thieves. Act now—your peace of mind is just a click away.

    CLICK HERE TO BUY YOUR SAFECARD FROM THE OFFICIAL WEBSITE MASSIVE DISCOUNT TODAY

    Content verified and submitted by brandingbyexperts.com

    Media Contact:

    Name: David Mark
    Email: support@safecardshield.com

    Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at

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    The MIL Network –

  • MIL-OSI Security: United States Seeks Civil Forfeiture of Approximately $23 Million in Cryptocurrency Seized from Gotbit

    Source: Federal Bureau of Investigation (FBI) State Crime Alerts (b)

    BOSTON – The United States Attorney’s Office filed a civil forfeiture action to recover approximately $23 million in cryptocurrency alleged to be proceeds of wire fraud and conspiracy to commit market manipulation and wire fraud and property involved in a transaction or attempted transaction in violation of one or more specified statutory offenses.

    The government seized USDT (Tether) and USDC (Circle) from un-hosted cryptocurrency wallets controlled by Gotbit Consulting LLC (Gotbit). Tether and Circle are stablecoins, meaning their value is tied to the U.S. dollar.

    On March 21, 2025, Gotbit, a financial services firm known in the cryptocurrency industry as a “market maker,” and its founder, Aleksei Andriunin, pleaded guilty in federal court in Boston to criminal charges relating to Gotbit’s fraudulent manipulation of cryptocurrency trading volume on behalf of client cryptocurrency companies. As part of Gotbit’s plea agreement, it admitted the cryptocurrency was subject to civil forfeiture and agreed to consent to civil forfeiture of the cryptocurrency.

    United States Attorney Leah B. Foley and Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigations, Boston Division made the announcement. Assistant U.S. Attorney Carol Head, Chief of the Asset Recovery Unit is handling the forfeiture matter. Assistant U.S. Attorneys Christopher J. Markham and David M. Holcomb of the Securities, Financial & Cyber Fraud Unit are prosecuting the criminal case.

    The details contained in the civil forfeiture complaint are allegations.

    MIL Security OSI –

  • MIL-OSI: Akasha Launches Revolutionary Layer 0 Blockchain: Bridging Web3 and Traditional Finance

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, March 28, 2025 (GLOBE NEWSWIRE) — Akasha proudly announces the launch of its groundbreaking Layer 0 blockchain, AK1111, designed to redefine blockchain interoperability and revolutionize the digital financial ecosystem. Developed over six years by an expert team of 60 senior blockchain engineers, Akasha is poised to eliminate complexities in crypto transactions and drive mainstream adoption.

    Akasha serves as a seamless interoperability layer, effortlessly bridging Web1, Web2, Web3, and traditional financial systems. The technology mirrors the universal life force concept, connecting diverse digital ecosystems and enabling secure, verifiable transactions without intermediaries.

    “Crypto doesn’t have to be complicated,” states Akasha’s development team. “Our mission is to simplify blockchain usage, ensuring even the most inexperienced users can effortlessly send and receive digital assets. Whether it’s Bitcoin, Ethereum, or traditional fiat, Akasha connects them all.”

    Akasha’s innovative utility token, AK1111, is at the heart of this ecosystem. Available on Baseswap, Ultronswap, and via swaps on MetaMask, AK1111 facilitates seamless transactions across different blockchains, already achieving an impressive all-time high price of $3.57 and a liquidity peak of $7.5 million. With over 60,000 organic token holders, community-driven growth underscores Akasha’s early success.

    In addition to its groundbreaking blockchain technology, Akasha introduces its unique Super Nodes program, providing significant passive income opportunities. Node holders can earn between 5% to 12% monthly passive income for a decade by participating in Akasha’s robust transaction network, funded directly from the ecosystem’s transaction fees.

    Interested parties can explore the Super Nodes program at https://akashanode.io.

    Akasha’s ambitious roadmap features continual ecosystem enhancements, rolling out innovative features bi-weekly to ensure the platform remains at the forefront of blockchain interoperability.

    For detailed insights, token purchases, or further information, visit Akasha’s official site at https://akasha.info.

    Contact:
    Akasha Team
    info@akasha.info

    About Akasha

    Akasha, launched in September 2024, is a Layer 0 blockchain dedicated to simplifying digital asset transfers across diverse blockchain platforms. With a vision to eliminate traditional financial barriers, Akasha unites technology, finance, and everyday usability into one seamless digital ecosystem.

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dfd6f608-622e-4ed0-be03-b0eac524c1f1

    The MIL Network –

  • MIL-OSI Global: ‘Everyday discrimination’ linked to increased anxiety and depression across all groups of Americans

    Source: The Conversation – USA – By Monica Wang, Associate Professor of Public Health, Boston University

    Everyday discrimination happens to all races and genders. FG Trade Latin/E+ via Getty Images

    People who most frequently encounter everyday discrimination – those subtle snubs and slights of everyday life – are more likely to suffer from anxiety and depression.

    What’s more, that finding remains true no matter the person’s race, gender, age, education, income, weight, language, immigration status or where they live.

    These are the key takeaways from our recent study, published in JAMA Network Open.

    Everyday discrimination refers to the routine ways people are treated unfairly because of characteristics such as skin color, perceived background or general appearance.

    Generally, it means disrespectful treatment: waiting longer than others for help at a store, having your ideas dismissed without consideration at work, or hearing rude comments about your identity.

    Although marginalized groups endure everyday discrimination most often, our study indicates that this is a widespread issue affecting people of all races and backgrounds.

    Everyday discrimination can affect both physical and mental health.
    FG Trade Latin/E+ via Getty Images

    I’m a professor who specializes in community health. My team and I analyzed data from the 2023 National Health Interview Survey, which included a weighted sample of nearly 30,000 U.S. adults, adjusted to accurately reflect more than 258 million people – approximately 75% of the country.

    Along with reporting frequency of everyday discrimination, participants completed clinical screenings for depression and anxiety.

    The results were striking: Nearly 56% of participants experienced at least occasional everyday discrimination, with 3.6% having “high levels,” meaning they faced discrimination most frequently – at least monthly and often weekly.

    High levels were most prevalent among Black adults, at 8.6%. Multiracial respondents were next with 6.4%. Hispanics and white participants were at about 3%, Asians just over 2%.

    Women and immigrants, people with disabilities and those who are overweight, obese or struggling with food insecurity also reported higher levels.

    When compared with those reporting no discrimination, participants with high levels had five times the odds of screening positive for either depression or anxiety, and nearly nine times the odds of screening positive for both.

    As discrimination increased, the increase in screening positive for depression, anxiety or both varied by race, with a more noticeable rise among groups that are often overlooked in these discussions – white, Asian and multiracial adults.

    This doesn’t mean discrimination is less harmful for Black, Hispanic/Latino or other racial and ethnic groups. One possible reason for our study’s findings may be that groups that have long endured structural discrimination may have developed more ways over time to cope with it.

    Why it matters

    At some point, all of us experience unfair treatment due to our personal traits. But this type of discrimination isn’t just unpleasant. Our study shows it has real consequences for health.

    Along with depression and anxiety, discrimination creates chronic stress, leading to increased risk for hypertension, heart disease, impaired brain functioning, accelerated aging and premature death.

    For some, everyday discrimination may emerge at different times in life. This can happen to people as they get older or when they become ill.

    But for others, it is a constant. This includes people living in marginalized communities, people of color, those socioeconomically disadvantaged or with disabilities, or those who identify as LGBTQ+.

    Ageism is one of many forms of everyday discrimination.

    What other research is being done

    Multiracial people are uniquely challenged because they navigate multiple racial identities. This often leads to feelings of isolation, which increases mental health risks.

    White adults, though less frequently exposed to racial discrimination, still face mistreatment, particularly if they have lower incomes, limited education or working-class backgrounds. In recent years, white people have perceived rising levels of discrimination against their own group.

    People of Asian descent are vulnerable to societal pressures and harmful stereotypes, which spiked during the COVID-19 pandemic.

    When factors are combined – for example, adding financial insecurity or immigration status to racism – compounded health challenges arise.

    What’s next

    Understanding how discrimination affects health for all can lead to policies and programs targeting root causes of mental health disparities and the rising rates of depression and anxiety.

    Discrimination isn’t just a Black versus white issue. It’s a public health crisis affecting all Americans. Acknowledging its harmful health effects is a first step.

    The Research Brief is a short take on interesting academic work.

    Monica Wang receives funding from the National Institutes of Health.

    – ref. ‘Everyday discrimination’ linked to increased anxiety and depression across all groups of Americans – https://theconversation.com/everyday-discrimination-linked-to-increased-anxiety-and-depression-across-all-groups-of-americans-250884

    MIL OSI – Global Reports –

  • MIL-OSI USA: Governor Lamont and Connecticut Department of Transportation Commemorate 10th Anniversary of CTfastrak

    Source: US State of Connecticut

    (NEW BRITAIN, CT) – Governor Ned Lamont and Connecticut Transportation Commissioner Garrett Eucalitto today hosted a ceremony in downtown New Britain attended by a large crowd of state and local officials, transit advocates, small business owners, housing developers, and commuters to celebrate the tenth anniversary of CTfastrak, the state’s first regional bus rapid transit system.

    Launched on March 28, 2015, CTfastrak is a system of ten bus routes operated by the Connecticut Department of Transportation that provides direct service to and from Waterbury, Cheshire, Southington, Bristol, Plainville, New Britain, Newington, West Hartford, Hartford, and Manchester, with portions operating on a 9.4-mile dedicated roadway between New Britain and Hartford. It provides a one-seat, no-transfer ride to many regional employment, shopping, and healthcare destinations, as well as to rail service, including the New Haven Line, the Waterbury Branch Line, and the Hartford Line.

    Since its launch, CTfastrak has provided more than 28.5 million passenger trips. Today, it averages about 14,000 weekday trips. Among CTfastrak’s routes is Route 101, which is the busiest bus route in the state, serving about 1.1 million passengers annually.

    More than $550 million in transit-oriented development projects near CTfastrak stations have been completed, are currently under construction, or are being planned.

    In 2024, the Institute for Transportation and Development Policy ranked CTfastrak the No. 1 bus rapid transit system in the United States.

    “Take one look at any neighborhood that has a CTfastrak station and compare it with how those areas were doing ten years ago and you will note the hundreds of new units of housing and the many new businesses that have established operations in these communities over the last decade,” Governor Lamont said. “CTfastrak’s impact extends beyond providing commuters with convenient public transit. It is revitalizing communities and showing the direct connection between our transportation system and the growth of vibrant communities where people want to live, work, and play.”

    The Connecticut Department of Transportation continues to evolve CTfastrak’s service based on customer feedback and changing ridership habits.

    “CTfastrak has done more than connect communities — it’s reshaped the state’s economy and set the gold standard in the U.S. for bus rapid transit,” Commissioner Eucalitto said. “This success proves that when government, local leaders, and the private sector collaborate, we can deliver results that help residents and businesses thrive.”

    For more information about CTfastrak, visit cttransit.com/services/ctfastrak.

     

    MIL OSI USA News –

  • MIL-OSI Video: 4th Ukraine meeting in Paris: 3 takeaways from President Ursula von der Leyen

    Source: European Commission (video statements)

    Three takeaways form the 4th Ukraine meeting in Paris:
    1) In the short term, the need to step up support for Ukraine military and financially wise.
    2) Sanctions on Russia must stay in place until a just and lasting peace is agreed upon.
    3) A long term support for Ukraine requires the Readiness 2030 plan to boost the European Defence posture.

    https://www.youtube.com/watch?v=5RuihSLe0EA

    MIL OSI Video –

  • MIL-OSI USA: SBA Relief Still Available to Washington Small Businesses and Private Nonprofits Affected by Summer Drought

    Source: United States Small Business Administration

    SACRAMENTO, Calif. – The U.S. Small Business Administration (SBA) is reminding eligible small businesses and private nonprofit (PNP) organizations in Washington of the April 28, 2025, deadline to apply for low interest federal disaster loans to offset economic losses caused by the drought beginning July 2, 2024.

    The disaster declaration covers the counties of Benton, Grant, King, Kittitas, Klickitat, Lewis, Pierce, Skamania and Yakima.

    SBA’s Economic Injury Disaster Loan (EIDL) program is available to small businesses, small agricultural cooperatives, nurseries, and PNPs with financial losses directly related to the disaster. The SBA is unable to provide disaster loans to agricultural producers, farmers, or ranchers, except for small aquaculture enterprises.

    EIDLs are for working capital needs caused by the disaster and are available even if the small business or PNP did not suffer any physical damage. They may be used to pay fixed debts, payroll, accounts payable, and other bills not paid due to the disaster.

    “SBA loans help eligible small businesses and private nonprofits cover operating expenses after a disaster, which is crucial for their recovery,” said Chris Stallings, associate administrator of the Office of Disaster Recovery and Resilience at the SBA. “These loans not only help business owners get back on their feet but also play a key role in sustaining local economies in the aftermath of a disaster.”

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

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

    Submit completed loan applications to the SBA no later than April 28.

    ###

    About the U.S. Small Business Administration

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

    MIL OSI USA News –

  • MIL-OSI Security: Latin Music Talent Agency and Its CEO Found Guilty of Violating U.S. Sanctions by Doing Business with Cartel-Linked Concert Promoter

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

    LOS ANGELES – The CEO of a Latin music conglomerate and his talent agency were found guilty by a jury today of conspiring to violate the Foreign Narcotics Kingpin Designation Act by conducting business with a Guadalajara-based concert promoter with ties to Mexican drug cartels.

    José Ángel Del Villar, 44, of Huntington Beach, the CEO of Del Records and its related talent agency Del Entertainment Inc., was found guilty of one count of conspiracy to transact in property of specially designated narcotics traffickers in violation of the Kingpin Act and 10 counts of violating the Kingpin Act.

    Co-defendant Del Entertainment also was found guilty of all 11 counts of which Del Villar was convicted.

    According to evidence presented at a nine-day trial, in April 2018, the defendants did business with Jesús Pérez Alvear, a.k.a. “Chucho,” of Guadalajara, Mexico, a music promoter who controlled Gallistica Diamante, a.k.a. Ticket Premier. Pérez promoted concerts for Del Entertainment in Mexico until March 2019.

    The U.S. Treasury Department listed Pérez and his company as “specially designated narcotics traffickers” under the Kingpin Act on April 6, 2018, after concluding he facilitated money laundering for the Cartel de Jalisco Nueva Generación (CJNG) and the Los Cuinis drug trafficking organization. The Kingpin Act prevents people in the United States from conducting business with sanctioned persons and entities.

    Even though Del Villar and Del Entertainment were aware that it was illegal to engage in transactions or dealings with Pérez, they willfully did business with him by continuing to have a Del Entertainment musical artist perform at concerts in which Pérez and Del Entertainment had a financial interest.

    For example, on April 19, 2018, FBI agents approached a well-known musician and explicitly told him about Pérez’s designation under the Kingpin Act and how that prohibited him from conducting business with Pérez and performing concerts that Pérez promoted.

    On April 28, 2018, the musician performed at a music concert which Pérez organized. Del Villar’s credit card was used to pay for a private jet that brought the musician from Van Nuys Airport to the performance in Aguascalientes, Mexico.

    On multiple other occasions in 2018 and 2019, Pérez and Del Villar continued to do business by arranging for the musician to perform at concerts in Mexico – including Mexicali and San José Iturbide, Guanajuato.

    “The defendants here chose to get into business with an individual they knew had ties to the CJNG and had been designated a narcotics trafficker under the Kingpin Act,” said Acting United States Attorney Joseph McNally. “Cartels and transnational criminal organizations cause immeasurable harm to our country. We are using every tool to eliminate these organizations and will prosecute those that do business with cartels.”

    “Doing business with government-sanctioned individuals is illegal and can have very serious consequences,” said Akil Davis, the Assistant Director in Charge of the FBI’s Los Angeles Field Office. “Today’s guilty verdict sends a message to music industry associates and others who engage in business with those sanctioned for laundering money for Mexican drug cartels will not be tolerated by the FBI, nor our partners at the IRS and the United States Attorney’s Office.”

    United States District Judge Maame Ewusi-Mensah Frimpong scheduled an August 15 sentencing hearing, at which time Del Villar will face a statutory maximum sentence of 30 years in federal prison for each count. Del Entertainment will face a sentence of five years of probation and a fine of $10 million for each count.

    Co-defendant Luca Scalisi, 58, of West Hollywood, has pleaded not guilty to the charges against him in this case and is scheduled to be tried separately in July 2025.

    Co-defendant Pérez, who previously pleaded guilty to conspiracy to transact in property of specially designated narcotics traffickers, was murdered in Mexico in December 2024. 

    The FBI and IRS Criminal Investigation investigated this matter. The Treasury Department’s Office of Foreign Assets Control provided significant assistance in this matter.

    Assistant United States Attorneys Benedetto L. Balding and Alexander B. Schwab of the Corporate and Securities Fraud Strike Force, and Kathrynne N. Seiden of the Terrorism and Export Crimes Section, prosecuted this case, with substantial assistance from the International Narcotics, Money Laundering, and Racketeering Section.

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

    This case is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) operation. OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach.  Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF. 

    MIL Security OSI –

  • MIL-OSI United Kingdom: New era of cooperation between Liverpool and the Isle of Man

    Source: City of Liverpool

    A landmark agreement between Liverpool City Region and the Isle of Man was signed today signalling an era of increased cooperation between the regions.

    The joint commitment pledges that the Isle of Man and Liverpool City Region will improve the prosperity and wellbeing of their communities ‘through further strengthening our economic, cultural, and political ties’.

    Relationships between the Isle of Man and Liverpool City Region have historically been strong, and further amplified by the opening of the new Isle of Man ferry terminal in Liverpool last year – the construction phase of which generated £3.2m for the regional economy.

    Today’s Memorandum of Understanding between the Isle of Man Government, Liverpool City Council, and Liverpool City Region Combined Authority, is a major step forward in forging new opportunities for growth and development in areas including:

    • Economic opportunities
    • Tourism and cultural cooperation
    • Transport connections
    • Health and public services
    • Infrastructure, energy and net zero

    Leader of Liverpool City Council, Cllr Liam Robinson, said: “Many people from the Liverpool City Region have long, fond associations with the Isle of Man dating back generations.

    “It makes sense for us to forge closer ties with one of our nearest neighbours, exploring opportunities for collaboration and mutually beneficial associations.

    “By signing this MoU, we are opening the door to greater innovation, technology exchange, and investment opportunities.”

    Isle of Man Chief Minister, Alfred Cannan said: “The Isle of Man and Liverpool have deep and historic ties of mutual cooperation.

    “I am delighted to sign this Memorandum of Understanding with our neighbours across the Irish Sea to forge new opportunities for growth and collaboration between our two regions.

    “Our investment in the new ferry terminal in the city is our biggest single investment in the UK, ever, and has been a catalyst for these discussions. The significance of us signing the agreement in the new ferry terminal should not be lost, it is a clear commitment to how important the connection between the two regions is.

    “The Isle of Man and Liverpool have been connected via the Isle of Man Steam Packet Company – the oldest continuously running ferry company in the world – which has seen the continuous movement of people, goods and ideas across the Irish Sea – for business, education, sport, tourism or visiting family and friends – for two centuries.

    “The signing of this MoU is a clear statement from both administrations that forging closer economic ties is a strategic priority and one which offers mutual benefits.

    “But the opportunities for both regions go beyond the economic benefits of business collaboration and the opportunity for the wider sharing and cooperation on public services will have positive impacts for our communities.

    “I look forward to continuing to work closely with colleagues to realise the potential that this exciting partnership will offer.”

    Mayor of the Liverpool City Region, Steve Rotheram said: “From being a go-to tourist destination favoured by Liverpudlians for decades, the Isle of Man has always been a highly valued neighbour to our region, and this agreement is a reflection of our commitment to strengthening that bond.

    “For centuries, our people have been connected through travel, trade, and shared culture, and today we are taking that relationship to the next level.

    “This MoU marks the beginning of a new era of cooperation, one that will unlock new opportunities for economic growth, skills development, and sustainable innovation. By working more closely together, we can create a more dynamic and prosperous future for our businesses, our communities, and our residents.”

    MIL OSI United Kingdom –

  • MIL-OSI Banking: CNB experts score another success at European level

    Source: Czech National Bank

    Radek Urban, Executive Director of the CNB’s Financial Markets and Resolution Department, is to become a Board Member of the Single Resolution Board (SRB). As one of the pillars of the European banking union, the SRB is responsible for ensuring an orderly resolution of failing banks with minimum impact on public finances and financial stability. Owing to the executive nature of the position, Radek Urban will leave the CNB at the end of March 2025.

    Radek Urban’s appointment to this role is further evidence of the CNB’s excellent reputation. In the European financial environment, the CNB is regarded as a respected institution endowed with a high level of expertise. Zuzana Silberová, Executive Director of the Financial Market Supervision Department, and Vojtěch Belling, Executive Director of the Financial Regulation and International Cooperation Department, already hold significant non-executive positions in European institutions and agencies.

    “At the start of our mandate, we defined our values at the bank – expertise being one of them. Each of our executive directors reporting directly to the Bank Board now has a high level of expertise and could easily serve in an international organisation. Two of our executive directors already hold non-executive roles in international institutions, and another is now moving into an executive position. Names are not important – we are a team, and I am happy that we are delivering on the value of expertise,” said Czech National Bank Governor Aleš Michl.

    The current Deputy Executive Director of the Financial Markets and Resolution Department, Petr Frydrych, will head the Department until a new executive director is appointed.

    Zuzana Silberová, Executive Director of the Financial Market Supervision Department, and Vojtěch Belling, Executive Director of the Financial Regulation and International Cooperation Department, hold non-executive positions in European institutions and agencies. Zuzana Silberová has been Vice-Chairperson of the European Insurance and Occupational Pensions Authority (EIOPA) since November 2024, while Vojtěch Belling has been Vice-Chair of the European Securities and Markets Authority (ESMA) since November 2022.

    Jakub Holas
     Director, Communications Division

    MIL OSI Global Banks –

  • MIL-OSI United Nations: Secretary-General’s press encounter on South Sudan

    Source: United Nations secretary general

    [Opening remarks below; full transcript to follow shortly]

    Let me begin by addressing some breaking news – the terrible earthquake that hit parts of Southeast Asia today.

    We send our condolences to the government and peoples of the region. 

    The United Nations system is mobilizing to help those in need.
     
    Ladies and gentlemen of the press,

    I want to focus today on the dramatic and dire situation that is unfolding in South Sudan. 

    All the dark clouds of a perfect storm have descended upon the people of the world’s newest country – and one of the poorest.

    A security emergency – with intensifying clashes; aerial bombing of civilians — including women and children; the presence of external forces; and an ever-growing regional dimension to the conflict.

    Political upheaval – culminating most recently with the arrest of First Vice President Riek Machar.  The peace agreement is in shambles. 

    A humanitarian nightmare – with about three out of four South Sudanese needing assistance, half the population severely food insecure, and cholera breaking out.

    A displacement crisis – with more than one million people crossing the border from Sudan since fighting began there.

    An economic meltdown – with oil revenue plummeting and inflation skyrocketing 300%. 

    Finally, a funding crisis – with much of the already limited humanitarian and development aid drying up. 

    Meanwhile, ethnic and political targeting by security forces – coupled with the spread of misinformation on social media – is lighting the fuse for even worse.

    Let’s not mince words:  what we are seeing is darkly reminiscent of the 2013 and 2016 civil wars, which killed 400,000 people.

    Our UN Mission in South Sudan is working around the clock to ease tensions – engaging all parties and boosting protection of civilians.  But we face operational limitations. 

    For the sake of the long-suffering people of South Sudan, it is time for dialogue and de-escalation.

    The Horn of Africa is already in turmoil and cannot afford another conflict.  Nor can the people of South Sudan.

    To the leaders of that country, I say: 

    End the politics of confrontation. Release detained military and civilian officials now.  Fully restore the Government of National Unity. 

    And vigorously implement the promises you made through your commitments to the peace agreement – which is the only legal framework to peaceful, free and fair elections in December 2026.

    I also urge the regional and international community, as guarantors of the peace agreement, to speak with one voice in support of the peace process and against any attempts to undermine it.

    I just spoke with the Chairperson of the African Union Commission this morning. 

    We fully support the AU initiative to deploy the Panel of the Wise – as well as the efforts of the Special Envoy of President Ruto of Kenya.

    We will be working in close cooperation with the AU and with IGAD.

    The people of South Sudan are close to my heart. 

    On my very first visit as High Commissioner for Refugees, I was several days with South Sudanese refugees – and years later accompanied them across the border finally on their way home.

    I will never forget the decency at their very core.

    They had such enormous hopes and aspirations. 

    But unfortunately, not the leadership they deserve.

    At this critical hour, the people of South Sudan need an infusion of support. 

    Diplomatic and political support for peace. 

    And financial support for lifesaving aid. 

    South Sudan may have fallen off the world’s radar, but we cannot let the situation fall over the abyss. 

    Now more than ever, the leaders of South Sudan must hear a clear, unified and resounding message:

    Put down the weapons.  Put all the people of South Sudan first. 

    Thank you.

    MIL OSI United Nations News –

  • MIL-OSI Canada: Statement from Premier Pillai on the March 21 First Ministers’ Meeting

    Source: Government of Canada regional news

    Statement from Premier Pillai on the March 21 First Ministers’ Meeting
    zaburke
    March 25, 2025 – 3:49 pm

    Premier Ranj Pillai has issued the following statement:

    “On Friday, March 21, I joined territorial and provincial First Ministers in Ottawa, Ontario for a productive and collaborative discussion focused on leveraging Canada’s economic advantages to counter the unjustified and unamerican tariffs imposed by the United States on Canadian imports. This was also an important opportunity for the Premiers to meet with the newly appointed Prime Minister, Mark Carney.

    “The Yukon government continues to support the work being done to advance a national trade corridor, given the conversations that our government is having with Yukon businesses about their concerns regarding shipping and transportation costs. I am also encouraged by the Prime Minister’s commitment to a streamlined review process for major projects that respects provincial and territorial environmental assessment processes and social acceptability.

    “I want to thank my fellow Premiers for standing up for the North by highlighting Arctic security and the need to grow the northern economy. It is encouraging to see the federal government significantly increasing its investment in Arctic security across the North. As defence rightfully becomes a central focus in our discussions, this increased commitment is a crucial step in protecting Canada’s safe, strong and secure future. Here in the Yukon, we look forward to the arrival of a team from the Navy during April to begin pre-feasibility reconnaissance for their study about a potential Naval Reserve Unit in Whitehorse, as well as ongoing federal support for the Canadian Institute for Arctic Security in the Yukon.  

    “I remain committed to ensuring that the Yukon has a strong voice in shaping these national discussions and initiatives. I will continue to work closely with our partners across Canada to advance these priorities in a way that benefits all Canadians, including those in the North, where unique challenges and opportunities must be reflected in our collective approach.

    “For our territory in particular, this meeting also served as an opportunity to secure the Prime Minister’s commitment for $56.25 million in federal funding for the Yukon Gathering Place, the new convention centre in Whitehorse.

    “I look forward to continuing to work with my fellow First Ministers. Together, we are building a stronger, more connected and more prosperous Canada.”
     

    Quick facts

    Media contact

    Laura Seeley
    Cabinet Communications
    867-332-7627
    laura.seeley@yukon.ca 

    News release #:

    25-134

    Related information:

    First Ministers’ statement on strengthening the Canadian economy

    MIL OSI Canada News –

  • MIL-OSI: BW Energy: Enters into new increased Reserve Based Lending facility

    Source: GlobeNewswire (MIL-OSI)

    BW Energy enters into new increased Reserve Based Lending facility

    BW Energy is pleased to announce an up to USD 500 million Reserve Based Lending (RBL) facility. The new facility replaces the USD 200 million RBL from 2022, which was increased to USD 300 million in 2023. The funds will be used together with cash-flow from operations to finance the further development of the Company.

    The facility has an initial commitment of USD 400 million, which can be expanded with an additional USD 100 million. The senior secured long-term debt facility matures on 1 October 2030.

    “We are pleased to conclude the amend, extend and increase of the RBL with strong interest from several international banks. The increased facility provides further liquidity to finance BW Energy’s development activities and drive our future production growth and long-term value creation, at a competitive interest margin,” said Brice Morlot, the CFO of BW Energy.

    Mauritius Commercial Bank Limited is the Facility Agent for the RBL facility, while SCB and Rand Merchant Bank are Joint Technical banks. The syndicate further includes NedBank Group and ABSA Group (documentation bank), alongside SHELL, the offtaker of oil from the Dussafu license.  

    For further information, please contact:

    Brice Morlot, CFO BW Energy, +33.7.81.11.41.16

    ir@bwenergy.com

    About BW Energy:

    BW Energy is a growth E&P company with a differentiated strategy targeting proven offshore oil and gas reservoirs through low risk phased developments. The Company has access to existing production facilities to reduce time to first oil and cashflow with lower investments than traditional offshore developments. The Company’s assets are 73.5% of the producing Dussafu Marine licence offshore Gabon, 100% interest in the Golfinho and Camarupim fields, a 76.5% interest in the BM-ES-23 block, a 95% interest in the Maromba field in Brazil, a 95% interest in the Kudu field in Namibia, all operated by BW Energy. In addition, BW Energy holds approximately 6.6% of the common shares in Reconnaissance Energy Africa Ltd. and a 20% non-operating interest in the onshore Petroleum Exploration License 73 (“PEL 73”) in Namibia. Total net 2P+2C reserves and resources were 599 million barrels of oil equivalent at the start of 2025.

    This information is subject to the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

    The MIL Network –

  • MIL-OSI United Nations: 47 million health workers and advocates call for cleaner aid to curb pollution deaths

    Source: United Nations MIL OSI

    The Second WHO Global Conference on Air Pollution and Health co-hosted by the World Health Organization and Colombia, in the city of Cartagena, brought together over 700 participants from 100 countries – including heads of state, ministers, scientists, and civil society groups — to accelerate action to curb what’s increasingly described as a full-scale health emergency. 

    “It is time to move from commitments to bold actions,” said Tedros Adhanom Ghebreyesus, WHO Director-General. 

    “To achieve clean air, we need urgent actions on all fronts: financial investment in sustainable solutions, such as in clean energy and sustainable transport, technical enforcement of WHO global air quality guidelines, and social commitment to protect the most vulnerable in our most polluted regions.” 

    The shared goal? A 50 per cent reduction in the health impacts of air pollution by 2040. 

    Countries including Brazil, Spain, China, and the United Kingdom laid out national roadmaps, while the Clean Air Fund pledged an additional $90 million for climate and health programmes. 

    Cities which are part of the C40 network, including London, vowed to strengthen air quality monitoring and push for greater investment in clean air strategies. 

    A health crisis hidden in plain sight 

    According to WHO, air pollution is responsible for seven million premature deaths annually and is now the second leading global risk factor for disease, after hypertension. 

    “Today air pollution is the first risk factor for disease burden,” said Maria Neira, WHO’s Director of Environment, Climate Change and Health. “It’s the number one risk factor for getting sick.” 

    The burden is heaviest in countries with fast-growing cities and weak regulatory frameworks. But Neira pointed out that the economic costs and health toll are rising globally. “Those chronic diseases are costing us well – to our health system and to our hospitals,” she said. 

    Despite the grim statistics, WHO leaders say solutions are at hand. Neira cited China’s progress in cutting emissions while continuing to grow economically. “At one point they demonstrated that you can reduce air pollution while still maintaining economic growth,” she said. “This argument that in order to tackle the causes of climate change, air pollution and environmental health, you need to invest and you don’t obtain benefits immediately – that’s not correct.” 

    Climate and health emergency 

    Indeed, air pollution is not just a public health issue but a key driver and symptom of the climate crisis. The burning of fossil fuels which feeds air pollution also releases greenhouse gases – adding to global warming. 

    “Climate change causes and air pollution causes overlap,” said Neira. “We have a lot to gain for health, for the economy, and for society, sustainable development, if we accelerate this transition.” 

    She emphasized that clean air solutions – including renewable energy, better urban design, and phasing out fossil fuels – also serve as climate mitigation strategies. 

    “This pollution, this particulate matter we are breathing every day…is coming from different sources, but fundamentally from the combustion of fossil fuels,” she said. “This can be avoided only by accelerating the transition to more renewables; cleaner sources of energy.” 

    © UNICEF/Aliraza Khatri

    Examples from Colombia and Europe 

    Hosts Colombia presented a slate of national initiatives, including cleaner fuels, zero-emission public transit, and a target to reduce carbon emissions 40 per cent by 2030. 

    “Air pollution claims more victims than violence itself. Poisoning our air costs lives in silence – this conference reinforces our determination to implement policies for both the environment and the health of our people,” said Colombia’s President Gustavo Petro. 

    He stressed the importance of smarter regulation and bridging the inequality gap with indigenous peoples, local and rural communities. 

    In Europe, where air pollution still causes 300,000 premature deaths annually, lawmakers are moving toward stricter regulation. “Pollution is an invisible pandemic. It is a slow-motion pandemic,” underscored Javier López, Vice President of the European Parliament’s Environment Committee. 

    The European Union recently adopted a new Air Quality Directive, halving legal air pollution thresholds and aiming to reduce pollution-related deaths by 30 per cent by 2030. “We have decided to come up with the air quality directive, which is part of the European Green Package,” Mr. López said. 

    Regional model, global lessons 

    Officials from the United Nations Economic Commission for Europe (UNECE) also took part in Cartagena, highlighting the Convention on Long-range Transboundary Air Pollution as one of the most successful multilateral environmental agreements to date. 

    “The Air Convention…is a multilateral environmental agreement that was adopted in 1979 to address air pollution that crosses national borders,” said policy officer Carolin Sanz Noriega.  

    Since its adoption, the convention has expanded to 51 parties and achieved deep emissions cuts across the region. “Reducing emissions of sulfur dioxide, nitrogen oxides by 40 to 80% from 1990 levels in the UNECE region, and for more than 30% for particulate matter,” Ms. Sanz Noriega said. 

    She emphasized that the agreement’s success lies in its binding commitments, robust science, and long-standing trust-building mechanisms. “Countries implement the convention because it really brings benefits. It brings health benefits, environmental benefits, crop benefits. It has co-benefits for climate.” 

    Through the Forum for International Cooperation on Air Pollution, UNECE is now working with countries in Latin America, Africa, and Asia to share scientific tools and regulatory approaches. 

    But a major challenge, especially in the Global South, remains technical capacity.  

    “We need to make sure that the countries are able to monitor air quality. That’s the first step,” Neira said. “In Africa, unfortunately, we are still missing a lot of monitoring capacity…You cannot manage what you cannot measure.” 

    Prescribing clean air 

    The health sector provided one of the key takeaways of the conference. With millions of medical professionals and individuals already backing the WHO campaign, delegates emphasized that clean air must be recognized as central to disease prevention.  

    “We have 47 million signatures from health professionals, from patients, from advocates, from institutions, saying ‘I want to prescribe clean air’,” Neira said.  

    “I don’t want to treat the patients with diseases caused by exposure to toxic air. I want to make sure that my patients will not be exposed and therefore they will not develop those diseases.” 

    As the conference wrapped up, delegates left Cartagena emboldened with new partnerships, data, and policy options – but also a resounding moral imperative. 

    MIL OSI United Nations News –

  • MIL-OSI USA News: Remarks by Vice President Vance at American Dynamism Summit

    Source: The White House

    class=”has-text-align-center”>Waldorf Astoria

    Washington, D.C.

    9:16 A.M. EDT
     
         THE VICE PRESIDENT:  Good morning, everybody.  How we doing?  (Applause.)
     
    It’s — it’s great to be here.  Thanks to — to everybody for having me today — in particular, Ben and Marc.  And I just got to say hello to Ben and Katherine backstage.  But I know — I know, apparently, Marc has the flu right now.  So, Marc, wherever you are — I think I had the same flu, like, a few weeks ago.  It sucks.  But I’m sure — I’m sure you’ll get through it.
     
    And it’s great to — to be with you all, and it’s great to talk about the importance of American dynamism and what our administration is going to do to support so many of the country’s most groundbreaking and compelling companies.
     
    I know that you guys are working hard every single day.  And I think it’s pretty good news — right? — that, as of a couple of months ago, you have an administration that’s working with you and facilitating your hard work instead of making it harder to innovate, which is, I think, what the last administration did — though, in defense of Joe Biden, he was asleep most of the time.  I don’t think he totally realized what he was doing, but it certainly didn’t make it easier — his administration did not — for our innovators.
     
    Now, as some of you may have seen — and I talked about this with Ben backstage — I spoke at a conference in Paris last month, where my message to a group of CEOs and foreign leaders was that we should embrace the future head-on.  We shouldn’t be afraid of artificial intelligence and that, particularly for those of us lucky enough to be Americans, we shouldn’t be fearful of productive new technologies.  In fact, we should seek to dominate them.  And that’s certainly what this administration wants to accomplish.
     
    I suspect that most of you in this room are of like mind, and if you’re not, I don’t know why the hell you’re at the American dynamism conference.  (Laughter.)  But I — I received some pushback from people who are worried about the disruptive effects of AI. 
     
    You know, one journalist suggested the speech highlighted the tension between the, quote, “techno-optimists” and the “populist right” of President Trump’s coalition. 
     
    And today, I’d like to speak to these tensions as a proud member of both tribes.  And let me put it simply: While this is a well-intentioned concern, I think it’s based on a faulty premise.  This idea that tech-forward people and the populists are somehow inevitably going to come to a loggerheads is wrong.
     
    I think the reality is that, in any dynamic society, technology is going to advance, of course. 
     
    And speaking as a Catholic, I think back to Pope John Paul II’s opening lines of his encyclic- — e- — (coughs) — excuse me — encyclical “Laborem exercens.”  Quote, “Through work, man must earn his daily bread and contribute to the continual advance of science and technology and, above all, to elevating unceasingly the cultural and moral level of the society within which he lives,” end quote.
     
    Now, I quote the Holy Father not only because I’m a fan of his but also because he rightly understood that in a healthy economy, technology should be something that enhances, rather than supplants, the value of labor.
     
    And I think there’s too much fear that AI will simply replace jobs rather than augmenting so many of the things that we do.
     
    Now, in the 1970s, if you go back a little ways, many feared that the automated teller machine — what we call the “ATM” — would replace bank tellers.  In reality, the advent of the ATM made bank tellers more productive, and you have more people today working in customer service in the financial sector than you had when the ATM was created.  Now, they’re doing slightly different jobs, of course, yes.  They’re doing more interesting tasks also, and, importantly, they’re making more money than they were in the 1970s.
     
    Now, when we innovate, we do sometimes cause labor market disruptions.  That has — that happens.  But the history of American innovation is that we tend to make people more productive, and then we increase their wages in the process.  And I think all of us believe that’s a good thing.
     
    Now, after all, who would claim that man was made less productive by the invention of the transistor or the metal lathe or the steam engine?
     
    Real innovation makes us more productive, but it also, I think, dignifies our workers.  It boosts our standard of living.  It strengthens our workforce and the relative value of its labor.
     
    And, as Americans, all of us should be particularly proud of our extraordinary heritage — I think it is American heritage — of inventing things and of our nation’s status to this day as the world’s foremost driver of research and development.
     
    But all of this, the role that technology plays in a labor market, and whether we greet innovative breakthroughs with excitement or with trepidation depends on the purpose of our economic system in the first place.  And I think this is where the populists have an important point.
     
    It should be no surprise that when we send so much of our industrial base to other countries, we stop making interesting new things right here at home.
     
    Look, for example, at shipbuilding.  Now, if you go back to World War II, America constructed thousands of so-called Liberty ships to carry troops, cargo, and other things, building them at a pace of three ships every two days — three ships every two days.
     
    Now we build about five commercial ships across an entire year in the United States of America.  And as a result, the United States today accounts for 0.1 percent — one tenth of one percent — of global shipbuilding. 
     
    China, on the other hand, now makes more commercial ships than the rest of the world combined.  In fact, one of Beijing’s state-owned firms built more commercial ships just last year than all of America has produced since the end of World War II.
     
    So, while we remain the leader in technology and innovation, I think there are troubling signs on the horizon.  And I raise all this to ask: Does this sound like a regime — I’m speaking of China — that will pass up on the opportunity to use AI, or any other technology, to advance their own interests and further undermine the interests of their rivals?  I think the answer is obvious, and that’s why, America, we’ve got to be tech-forward.
     
    Yes, there are concerns.  Yes, there are risks.  But we have to be leaning into the AI future with optimism and hope, because I think real technological innovation is going to make our country stronger.
     
    So, deindus- — deindustrialization poses risks both to our national security and our workforce.  It’s important because it affects both.  And the net result is dispossession, for many in this country, of any part of the productive process.  And when our factories disappear and the jobs in those factories go overseas, American workers are faced not only with financial insecurity, they’re also faced with a profound loss of personal and communal identity.
     
    And so, to come full circle on this tension — alleged tension between the populists and the techno-optimists, I can understand a reaction of skepticism when we talk about the revolutionary potential of new invention and artificial intelligence and all the other incredible technologies that you guys are working, but I think that that tension is a little overstated. 
     
    And so, I’m going to come back to what’s sort of dividing some of the tech optimists and the populists on our side. 
     
    I think the populists, when they look at the future, and when they compare it to what’s happened in the past, I think a lot of them see alienation of workers from their jobs, from their communities, from their sense of solidarity.  You see the alienation of people from their sense of purpose.  And importantly, they see a leadership class that believes welfare can replace a job and an application on a phone can replace a sense of purpose. 
     
    Now, I remember a Silicon Valley dinner in particular, back when I was in — in my tech days, where my wife and I were sitting around talking to some of the leaders of — of the important technology firms of the United States.  And this was probably in 2016 or 2017.  And I was talking about my real worry that we were heading in a direction where America could no longer support middle-class families working on middle-class wages.  And importantly, that even if you had enough economic dynamism to provide the wealth to ensure those people could, you know, afford to buy a house and afford their food and so forth, that even if you replace the financial element of their jobs, you would destroy something that was dignified and purposeful about work itself.
     
    And I remember one of the tech CEOs who was there that — you know, CEO — you would know his name if I mentioned it.  He was the CEO of a — of a multibillion-dollar company.  He said, “Well, I’m actually not worried about the loss of purpose when people lose their jobs.”  And I said, “Okay, well, what do you think is going to replace that sense of purpose?”  And he said, “Digital, fully immersive gaming.”  (Laughter.)
     
    And then my — my wife texted me underneath the table and said, “We have to get the hell out of here.  These people are effing crazy.”  (Laughter.)
     
    Now, I don’t think that, of course, that CEO’s views are representative of — of most people in this room, but when I think about the — the — a lot of the workers, based on what they’ve seen in the past, are very worried about the future, because, frankly, their leadership has failed to serve them.
     
    And then I think about this from the perspective of a lot of the tech optimists.  I think a lot of the tech optimists, they see overregulation.  They see stifling innovation.  I mean, you guys are builders.  They are builders.  And while they may sympathize with those who lost a job, they’re much more frustrated that the government won’t allow them to build the jobs of the future.
     
    And they know that as hard as it is to build a business in digital media, it’s still harder to build one in robotics or life sciences or energy, in what we call the world of atoms.  They see a government that makes their lives harder, and they mistrust anyone who looks to that government for aid.
     
    And what I’d propose is that each group — our workers, the populace on the one hand, the tech optimists on the other — have been failed by this government — not just the government of the last administration but the government, in some ways, of the last 40 years, because there were two conceits that our leadership class had when it came to globalization. 
     
    The first is assuming that we can separate the making of things from the design of things.  The idea of globalization was that rich countries would move further up the value chain, while the poor countries made the simpler things.
     
    You would open an iPhone box, and it would say “designed in Cupertino, California.”  Now, the implication, of course, is that it would be manufactured in Shenzhen or somewhere else.  And, yeah, some people might lose their jobs in manufacturing, but they could learn to design or, to use a very popular phrase, learn to code.
     
    But I think we got it wrong.  It turns out that the geographies that do the manufacturing get awfully good at the designing of things.  There are network effects, as you all well understand.  The firms that design products work with firms that manufacture.  They share intellectual property.  They share best practices.  And they even sometimes share critical employees.
     
    Now, we assumed that other nations would always trail us in the value chain, but it turns out that as they got better at the low end of the value chain, they also started catching up on the higher end.  We were squeezed from both ends.  Now, that was the first conceit of globalization.
     
    I think the second is that cheap labor is fundamentally a crutch, and it’s a crutch that inhibits innovation.  I might even say that it’s a drug that too many American firms got addicted to.  Now, if you can make a product more cheaply, it’s far too easy to do that rather than to innovate.
     
    And whether we were offshoring factories to cheap labor economies or importing cheap labor through our immigration shyste- — system, cheap labor became the drug of Western economies. 

         And I’d say that if you look in nearly every country, from Canada to the UK, that imported large amounts of cheap labor, you’ve seen productivity stagnate.  I don’t think that’s — that’s not a total happenstance.  I think that the connection is very direct.
     
    Now, one of the debates you hear on the minimum wage, for instance, is that increases in the minimum wage force firms to automate.  So, a higher wage at McDonald’s means more kiosks.  And whatever your views on the wisdom of the minimum wage — I’m not going to comment on that here — companies innovating in the absence of cheap labor is a good thing. 

         I think most of you are not worried about getting cheaper and cheaper labor.  You’re worried about innovating, about building new things, about — the old formulation of technology is doing more with less.  You guys are all trying to do more with less every single day.
     
    And so, I — I’d ask my friends, both on the — the tech optimist side and on the populist side, not to see the failure of the logic of globalization as a failure of innovation.  Indeed, I’d say that globalization’s hunger for cheap labor is — is a problem precisely because it’s been bad for innovation. 
     
          Both our working people — our populists — and our innovators gathered here today have the same enemy.  And the solution, I believe, is American innovation, because, in the long run, it’s technology that increases the value of labor. 

    Innovations like the American system and the interchangeable parts revolution it sparked, or Ford’s moving assembly line that skyrocketed the productivity of our workers — that’s how American industry became the envy of the world.
     
    And that’s what I really want to talk about today: why innovation is key to winning the worldwide manufacturing compe- — competition, to giving our workers a fair deal, and to reclaiming our heritage via America’s great industrial comeback. And I believe that’s what we’re on the cusp of, a great American industrial comeback.
     
    Because innovation is what increases wages.  It’s what protects our homelands, and I know we have a lot of defense technology companies here.  It’s what saves troops’ lives on the battlefield.
     
    And I know everyone here today largely agrees.  It’s why we have some of the greatest inno- — inventors and thinkers in energy; precision machining; countless critical, high-value industries just in this room. 
     
    And I think the other thing that unites all of you is that you’re all builders.  And I — and I use that word deliberately.
     
    I was very moved by Marc’s manifesto from a few years ago about America.  We are a nation of builders.  We make things.  We create things.
     
    Each of you came to this summit not because you developed some flash-in-the-pan application, but because you’re building something very real.  You’re raising new factories.  You’re turning profits back into R & D.  And you’re creating new, good-paying jobs for your fellow Americans. 
     
    And this is why I’m such huge fans of yours — of Ben’s and Marc’s and of the entire endeavor — and that we recognize now in our administration is the time to align our work interests with those of all of you.  It’s time to align the interests of our technology firms with the interests of the United States of America writ large.
     
    Now, all of you, in your own ways, have answered that call.  After all, there’s nothing forcing anyone to be in the room today.  Each one of you could have set up headquarters in Southeast Asia or China, I’m sure, and you would’ve done quite well for yourselves financially.
     
    But you’re here, I hope, because you love your country.  You love its people and the opportunities that it’s given you, and you recognize that building things, our capacity to create new innovations in the economy cannot be a race to the bottom.
     
    Now, America is not going to win the future by ditching child labor laws or paying our workers less than Chinese or Vietnamese laborers.  We don’t want that, and it’s not on the table.
     
    We can only win by doing what we always did: protecting our workers and supporting our innovators, and doing both of those things at the same time.
     
    And so, I want to talk a little specifics here.  The Trump Administration’s great plan for staging the great American manufacturing comeback is simple.  You’re making interesting new things here in America?  Great.  Then we’re going to cut your taxes.  We’re going to slash regulations.  We’re going to reduce the cost of energy so that you can build, build, build.
     
    Our goal is to incentivize investment in our own borders — in our own businesses, our own workers, and our own innovation.  We don’t want people seeking cheap labor.  We want them investing and building right here in the United States of America.
     
    And so, if you’ll allow it, I’d like to talk about a few ways that the Trump Administration is already pursuing a pro-innovation economy that allows our workers to thrive and our companies to outcompete their foreign peers — in short, an economy that is vibrantly America first, that serves Americans from all walks of life and of every kind.
     
    Now, first, President Trump is starting with and is dead serious about rearranging our trade and tariff regime internationally. 
     
    We believe that tariffs are a necessary tool to protect our jobs and our industries from other countries, as well as the labor value of our workers in a globalized market.  In fact, combined with the right technology, they allow us to bring jobs back to the United States of America and create the jobs of the fucur- — future. 
     
    Just look in the past few months at the auto industry as an important example.  When you erect a tariff wall around a critical industry like auto manufacturing and you combine that with advanced robotics and lower energy costs and other tools that increase the productivity of U.S. labor, you give American workers a multiplying effect.  Now that, in turn, allows firms to make things here at a price-competitive basis.
     
    Our president gets that, which is why last month we posted 9,000 new auto jobs after many, many years of stagnation or even decline in the auto sector.  It’s why, just weeks in, we already have new plant or production announcements from Honda, from Hyundai, and Stellantis worth billions of dollars and thousands of additional jobs on top of the ones that were already created.
     
    Now, this takes work.  It took, in the president’s first term, the president ripping up NAFTA and creating a new U.S. deal for American manufacturers in North America.  But there’s important work, and we’re going to do it.
     
    Now, second — second, all of this is why the president is approaching the issue of illegal immigration as aggressively as he has, because he knows that cheap labor cannot be used as a substitute for the productivity gains that come with economic innovation. 
     
    And so, we’ve cracked down on illegal immigration at the border, where the results speak for themselves.  Last month, migrant crossings were down 94 percent to their lowest number all time, and that happened just in two months of serious border enforcement.
     
    Thanks to President Trump’s leadership, last month, for the first time in over a year, the majority of job gains went to American citizens born on U.S. soil, and that’s important.  For the first time in over a year, the majority of job creation actually went to American citizens.
     
    Third, this administration is focused on reducing our input costs for our manufacturers and for everybody else.  Achieving energy an- — abundance — and I know Doug Burgum was here earlier; will be here later — is top of mind.  Because when we look at some of the most exciting applications of new technologies, we realize it’s going to take a lot of power to keep them running. 
     
    And we’re — we’re thrilled to have our friends from the United Arab Emirates, a number of the business leaders and government leaders, in town this week for meetings with our government.  And one of the things they consistently hammer upon — it’s something that unfortunately too few of our European allies tend to get — is that if you want to lead in artificial intelligence, you have got to be leading in energy production.
     
    So, we are going to set the pace there, and we are going to lead from the front.
     
    Now, we are already seeing, the good news is, signs of progress, even just a couple of months in.  Gas and diesel prices are dropping.  The cost of a barrel of U.S. crude is way down.  And last Wednesday, the administration took major steps to make energy even cheaper and liberate our companies from stifling environmental regulations. 
     
    Now, that is great, but, of course, there’s a lot more work we have to do over the next four years.  Getting the tax bill right is especially critical for all of you and for all of your workers.  We know how important it is to restore 100 percent bonus depreciation for capital investments, as well as full expensing for R & D.  Again, we want people to invest in America, and we’re going to make sure the tax code reflects that.
     
    In order to build on the success of the original tax law, meaning the tax law from the president’s first administration, our administration is working to broaden some provisions that are critical to the industrial base, like expanding full expensing to cover factory construction.  For business owners, including manufacturers, making the 2017 tax cuts permanent will provide further co- — confidence and predictability to invest in new technology and equipment, hire more American workers, and grow all of your businesses. 
     
    And we have a lot more to do, but the country is already starting to see the payoff of this administration’s bold economic agenda.  For producers and consumers alike, inflation is finally starting to come down.  Core CPI last week dropped to its lowest number since April of 2021.  And when it comes to the labor market, last month’s jobs report showed a massive reversal: 10,000 new manufacturing jobs created, where the previous year we had lost over 100,000 manufacturing jobs. 
     
    As you may have heard the president say, in less than two months since he’s took office, he’s already secured more than $1.7 trillion in new investments across the United States.  That’s hundreds of thousands of new jobs in manufacturing, AI, other hard tech sectors, and more. 
     
    So, we think there’s a lot to be excited about.  There’s a lot that we’re excited about, and we certainly hope that you guys are excited too. 
     
    But the fundamental premise, the fundamental goal of President Trump’s economic policy is, I think, to undo 40 years of failed economic policy in this country.  For far too long, we got addicted to cheap labor — both overseas and by importing it into our own country — and we got lazy. 
     
    We overregulated our industries instead of supporting them.  We overtaxed our innovators, instead of making easier for them to build their great companies, and we made it way too hard to build things and invest things in the United States of America. 

         That stopped two months ago, and it will continue to stop, and we’ll continue to fight for American workers and the American businesses that hire them and that support them. 
     
    So, I want to thank you all for two things.  Number one, I want to thank you all for doing what you do.  Again, you could have chosen the easy path.  Every single person in this room — as the president would say, “You’re all very high IQ” — you’re some of the most talented people in the United States of America.  You chose to build a business right here in the United States of America, and for that, I’m grateful. 
     
    But the second thing I want to say is that I think you’re not just building your own business.  I think that you are part of a great American industrial renaissance.  Whether it’s the war of the future, the jobs of the future, the economic prosperity of the future, we believe that we must build it right here in the United States of America. 
     
    So, thank you all for building.  Thank you all for building in America.  And thank you all for building the kind of society that I want to raise my children in. 
     
    God bless you all.  Thanks for having me.  (Applause.) 
     
                             END                    9:40 A.M. EDT

    MIL OSI USA News –

  • MIL-OSI USA: By The Numbers: Federal Health Funding Cuts

    Source: US State of New York

    overnor Kathy Hochul today shared a breakdown of the Trump administration’s sweeping federal cuts to New York State’s health programs, and how these cuts to health funding will affect New Yorkers. The amount of funding lost will have a devastating impact statewide on programs that ensure the safety and well-being of people in New York, gutting over $360 million in financial resources toward mental health and addiction services, and health departments across the State.

    “Slashing funding for public health, suicide prevention and addiction services is just plain cruel, and it’s going to hurt everyday New Yorkers most,” Governor Hochul said. “Here’s the sad truth: there is no State in the nation that has the resources to backfill these sweeping cuts. It’s up to New York’s elected officials who serve in the House majority to stand up and fight back.”

    New York State Department of Health Commissioner Dr. James McDonald said, “It is disappointing these grants were terminated so impulsively without any advance notice and without consideration for the people we serve. We were poorly prepared as a nation for the last pandemic. I see the same pattern occurring now, where decisions are made without consideration for the public’s health and well-being. These grants were preparing us to be healthier for the next pandemic. These investments allowed New York to develop strategies that prevent chronic disease, improve nutrition and find problems before they started.”

    Office of Addiction Services and Supports Commissioner Dr. Chinazo Cunningham said, “These sweeping federal cuts to health and human services threaten critical addiction funding streams that support prevention, harm reduction, treatment, and recovery services, putting lives at risk and straining the providers working tirelessly on the frontlines of this public health crisis. OASAS remains committed to protecting and expanding access to life-saving services, and will work to mitigate the damage caused by these harmful cuts.”

    Office of Mental Health Commissioner Dr. Ann Sullivan said, “For many years, the federal government has been a trusted and valued partner in efforts to provide critical mental health services and supports to New Yorkers, many living in traditionally marginalized communities and under difficult socioeconomic conditions. These drastic cuts will likely slow, and in some instances, halt the fantastic progress our federally funded programs have made and continue to make across our state. We have come too far to reverse course on mental health, which is why our federal legislators owe it to New York to challenge these cuts however possible.”

    Federal Cuts by the Numbers:

    Department of Health
    DOH expects to lose over $300 million in funding for organizations across the State.

    • This funding supports many activities that are core to public health functioning, including virus surveillance, outbreak response, electronic data exchange, public dashboards, infection prevention activities in hospitals and nursing homes, laboratory reporting, program operations, and support to local health departments. The backbone of the State’s public health infrastructure will be weakened significantly due to reduced virus surveillance and reporting systems that can no longer provide communities and families with real-time information on developing outbreaks, laboratory support and testing, data collection and analysis, public-facing dashboards, data and analytics.
    • Losing this funding will shutter multiple areas of work that are largely seen as foundational components of the Department’s response to emerging infectious diseases. These cuts will also eliminate the Centers for Disease Control (CDC) and Prevention’s COVID-19 Health Disparities Grant, which funded 135 subcontractors to support community-based work addressing health disparities in New York, such as mental health, maternal and infant health, and food security.

    Office of Addiction Services and Supports
    OASAS expects to lose $40 million total in funding, which will result in significant cuts to addiction and prevention services, treatment supports and access to resources for individuals struggling with substance use. This work includes, but is not limited to:

    • Transitional housing to help provide short-term housing and case management for individuals leaving OASAS residential treatment or correctional facilities who cannot otherwise access permanent housing.
    • Support for programs, access to treatment, recovery, and other basic services that keep people connected to care in their communities.
    • Expansion of outpatient clinics to offer medication for addiction treatment and to purchase and outfit mobile medication units to bring services where they are needed.
    • Administering and implementing Screening, Brief Intervention, and Referral to Treatment (SBIRT) which is a comprehensive public health approach to identify those at risk of developing substance use disorders and deliver early intervention and treatment services to individuals who exhibit habits of risky use of alcohol and other substances.

    Office of Mental Health
    OMH expects to lose $27 million total in funding for programs and services for individuals experiencing mental health and/or substance use needs. These programs were intended to allow individuals in need of care to remain in their homes, connected to their natural support systems during treatment. The loss of this funding will result in an increased reliance on emergency services and hospital-based care with fewer community resources and supports for our most vulnerable New Yorkers, including:

    • Crisis Stabilization and Crisis Residence Programs to provide urgent treatment to individuals experiencing an acute mental health and/or substance use crisis, and a safe place for the stabilization of psychiatric symptoms and support for children and adults.
    • Adult Assertive Community Treatment Teams (ACT) serving individuals with serious mental illness who are in danger of losing their housing/becoming homeless, are homeless, and/or have histories of involvement with the criminal justice system, and Children and Youth Assertive Community Treatment Teams (ACT) for youth who are returning home from inpatient settings or residential services, at risk of entering such settings, or have not adequately engaged or responded to treatment in more traditional community-based services.
    • Grants to expand and improve upon the mobile crisis services statewide, including 9-8-8 crisis call centers. These call centers have relied on this funding to ensure they have capacity to connect callers experiencing emotional distress to the compassionate care of trained counselors.

    MIL OSI USA News –

  • MIL-OSI Security: Former Financial Advisor Sentenced to 12 Years in Federal Prison for Multimillion-Dollar Fraud Scheme

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

    EL PASO, Texas – A former Morgan Stanley financial advisor in El Paso was sentenced in a federal court today to 144 months in prison for committing a multi-million dollar fraud scheme.

    According to court documents, from May 2018 to August 2021, Jesus Rodriguez de la Cruz, 46, defrauded his financial services employer, Morgan Stanley, and clients of money through materially false pretenses, representations and promises. Rodriguez de la Cruz orchestrated fraudulent transfers of funds from the bank accounts of Morgan Stanley and clients to other bank accounts for his own benefit.

    In one instance, Rodriguez de la Cruz created false communications and documents impersonating a client and submitted them to Morgan Stanley personnel to cause fraudulent transfers on the client’s line of credit account for personal profit. One of these included a form that falsely claimed the client had verbally authorized the transfer of $48,575.36 for the purchase of real estate in El Paso. Relying on the documentation, Morgan Stanley initiated the wire transfer from the client’s account to an account at a separate financial institution belonging to one of Rodriguez de la Cruz’s family members.

    One fraudulent transfer of approximately $125,000 from a client’s account to an account at another financial institution facilitated Rodriguez de la Cruz’s purchase of a Lamborghini.

    Rodriguez de la Cruz committed similar acts using other Morgan Stanley client accounts. In all, Morgan Stanley suffered a total loss of $5,554,968.10 due to Rodriguez de la Cruz’s scheme. Additionally, Rodriguez de la Cruz did not report any of the embezzled funds as income on his tax returns from 2017 through 2021, causing a loss of $408,055 for the IRS.

    Rodriguez de la Cruz was indicted by a federal grand jury in December 2023 and arrested Jan. 12, 2024. He pleaded guilty on Nov. 5, 2024, to one count of wire fraud, one count of engaging in a monetary transaction over $10,000 using criminally derived proceeds, one count of aggravated identity theft, and one count of making and subscribing a false income tax return.

    “This defendant abused the trust of his clients and his responsibilities as a financial advisory to steal millions of dollars in customer funds in order to enrich himself,” said Acting U.S. Attorney Margaret Leachman for the Western District of Texas. “Today’s sentence of more than a decade in federal prison demonstrates that perpetrators of fraud in this district will be investigated and brought to justice.”

    “The defendant exploited his position of trust as a financial advisor to deceive both his clients and employer for personal gain. Today’s sentencing demonstrates the FBI’s unwavering commitment to pursuing those who abuse their positions for financial fraud and ensuring they are held accountable,” said John Morales, FBI El Paso Special Agent in Charge. “We are grateful for the invaluable collaboration of our partners at the Internal Revenue Service, whose continued assistance is vital in protecting our communities from greed and financial crimes.”

    “Rodriguez is the epitome of criminals fueled by greed that destroy the trust we place in those who handle our personal finances. He stole from his employer, his clients, and even personally recruited a victim to trust him as her financial advisor so he could hijack her accounts, after stealing her identity,” said acting Special Agent in Charge Lucy Tan, of IRS Criminal Investigation’s Houston Field Office. “These complex financial schemes are why law enforcement agencies, like IRS-CI and the FBI, team up to help bring justice to victims and deter future criminals, like Rodriguez, from violating your trust.”

    The FBI and IRS-CI investigated the case.

    Assistant U.S. Attorneys William Calve and Adrian Gallegos prosecuted the case.

    ###

    MIL Security OSI –

  • MIL-OSI United Kingdom: Closer partnership aims improve life chances for young people

    Source: Scotland – City of Aberdeen

    Community Planning Aberdeen is to strengthen partnership working to build on success in meeting the needs of children and young people. 

    Members today considered report Our Board – Community Planning Aberdeen that highlighted ways to achieve this, including greater data-sharing across organisations and improving access to services in the city’s most deprived communities.

    Community Planning Aberdeen is a local partnership of public, private, third sector organisations and communities working together to improve people’s lives across the city through the Local Outcome Improvement Plan (LOIP).

    Councillor Christian Allard, Co-Leader of Aberdeen City Council, Chair of Community Planning Aberdeen, said: “There are many children and young people facing enormous challenges across Aberdeen and this report highlights the challenges and limited successes we have had in helping to address these. 

    “We are determined to look at new ways of partnership working to engage with our children and their families.

    “Through equality of opportunity in and outside school, we are committed to helping people build their confidence, take more control over their lives and increase their aspirations for the future to create a stronger, more resilient city.”

    Shantini Paranjothy, Grampian Deputy Director of Public Health, said: Giving every child the best start in life and supporting young people to achieve their potential are key areas where we can work together to take action and in doing so we can begin to ensure equitable health for all.  

    Areas identified for exploration include:

    • Accessibility: Understand how people in the city’s more deprived communities want and need to access services.
    • Shared data: Utilise shared systems.
    • Autonomy and agency: Helping vulnerable people feel more in control of their destiny.
    • Public Protection: Putting public protection arrangements at the heart of the Family Support model. 
    • Mental wellbeing and resilience: A clear strategy to address these changing trends. 
    • Shifting resource: testing changes and directing resource to where it can best be used.

    Opportunities for partner organisations to play a different role to how they currently operate include:

    • Continue development of ABZCampus
    • Drive to share evaluation and data through the Family Support Model in collaboration with the Centre of Excellence for Children’s Care and Protection (CELCIS)
    • Future Libraries Model
    • Whole system financial advice
    • Whole system approach to healthy weight.

    Areas that are working well and can be built on to achieve even greater improvement include:

    • Education: A rise in the proportion of children meeting developmental milestones from 87.4% in 2021/22 to 89.8% in 2022/23; more effective data sharing has helped realise a 12% increase in uptake of ELC for eligible 2-year-olds. 
    • Nutrition: An increase in the number of children registered for free school meals across primary 6 and primary 7; the percentage of primary 7 children with poor dental health has decreased.
    • The number of presentations at National 5 increased to 11,236 in 2024 from 10,660 in 2023, the highest number on record for the local authority. 
    • Communities: 92% of the city’s communities are performing well compared to their comparator communities when looking at child poverty in isolation. There is clear evidence that far more people are now claiming the benefits they are entitled to. 
    • Bairns Hoose: Plans are progressing well with agreement from NHS Grampian and the Courts now required on how they will utilise the space to help realise the full benefits of co-location. 
    • Re-organising resources: The Edge of Care pilots are better supporting those who are on the edge of care and helping to prevent risk from escalating. 
    • Prioritising those who are care-experienced: The Promise report outlined good progress made in delivering The Promise.

    The report said these opportunities will need shared governance and different commissioning arrangements, including similar approaches to the Granite Consortium.  

    MIL OSI United Kingdom –

  • MIL-OSI Security: GOVERNMENT RECEIVES $100,000 TO RESOLVE FRAUDULENT PAYCHECK PROTECTION PROGRAM LOAN

    Source: Office of United States Attorneys

    GAINESVILLE, FLORIDA – Mac C. Johnson and a company he owned and operated, Mac Johnson & Sons Dumpster, Crane & Demolition, LLC, agreed to pay $100,000 to settle allegations that they violated the False Claims Act by knowingly providing false information in support of a Paycheck Protection Program (“PPP”) loan application. 

    In 2019, Johnson was sentenced to one year and a day in prison after pleading guilty to tax fraud, wire fraud, structuring financial transactions to evade reporting requirements, and harboring undocumented aliens.

    Following his conviction, Johnson knowingly submitted false claims to the U.S. Small Business Administration (“SBA”) in support of a PPP loan made to Defendant Mac Johnson & Sons Dumpster, Crane & Demolition, LLC. Specifically, in the April 2020 loan application, Johnson failed to report that the owner of the company had been convicted of a felony within the prior five years. Knowing that his company was ineligible to participate in the PPP, Johnson used false information to secure a loan for $48,514. 

    “This settlement, which is more than twice the fraudulently obtained amount, reflects the diligence and determination we will use to pursue businesses who defraud the government,” said Acting U.S. Attorney Michelle Spaven. “Here, a defendant who was punished for fraud and harboring aliens continued to take funds unlawfully.  Our Civil Division ensured that this fraudster will not benefit from what rightfully belongs to the American people.” 

    This matter was handled by Assistant U.S. Attorneys Mary Ann Couch and Marie Moyle from the United States Attorney’s Office for the Northern District of Florida, with assistance from the U.S. Small Business Administration.

    The criminal matter is detailed at the following link:  https://www.justice.gov/usao-ndfl/pr/alachua-county-man-sentenced-prison-harboring-undocumented-aliens-and-evading-workers

    The United States Attorney’s Office for the Northern District of Florida is one of 94 offices that serve as the nation’s principal litigators under the direction of the Attorney General.  To access public court documents online, please visit the U.S. District Court for the Northern District of Florida website. For more information about the United States Attorney’s Office, Northern District of Florida, visit http://www.justice.gov/usao/fln/index.html.

    MIL Security OSI –

  • MIL-OSI Security: Ohio Man Found Guilty of Using His Tax Prep Clients’ Identities to Defraud the Federal Government of Pandemic Funding

    Source: Office of United States Attorneys

    CLEVELAND – A federal jury has convicted Mustafa Ayoub Diab, 41, of Ravenna, Ohio, of orchestrating a financial conspiracy that defrauded the U.S. government of pandemic benefits. After an approximately week-long trial, Diab was found guilty on 12 counts of theft of government funds, 12 counts of bank fraud, 11 counts of wire fraud, 6 counts of aggravated identity theft, and 1 count each of conspiracy to commit wire and bank fraud and to launder monetary instruments.

    According to court documents, Diab owned and operated a tax return preparation business in Akron, Ohio. Along with his co-conspirator, Elizabeth Lorraine Robinson, 33, of Ravenna, the couple developed a scheme to take advantage of government programs that expanded unemployment and small business benefits that became available during the COVID-19 pandemic.

    One such program, the Pandemic Unemployment Assistance Program, was expanded to individuals who otherwise did not qualify for regular benefits. Additionally, the Paycheck Protection Program, was administered by the U.S. Small Business Administration and provided resources and assistance to small businesses to cover payroll, utilities, rent/mortgage, accounts payable and other bills incurred which were tied to the COVID-19 pandemic. Diab exploited both of these programs for his benefit.

    From around, June 2020 to August 2021, Diab submitted fraudulent applications for pandemic unemployment benefits and small business assistance for many of his tax preparation business clients. Without their knowledge, he lied about their employment, or about being small business owners, on the applications so they would qualify to receive pandemic funds and benefits.

    Investigators also discovered that Diab opened bank accounts in his clients’ names to receive the pandemic benefit funds via direct deposit, which the clients did not have access to, along with accounts in the names of Robinson and Diab’s sister. When the pandemic relief funds were deposited into these accounts, he immediately withdrew the funds in cash for his personal use. With the cash, Diab bought real estate, cars and took international trips. In evidence presented to the jury at trial, Diab submitted fraudulent applications in the names of nearly 80 victims, causing the federal government to pay out more than $1.2 million in pandemic benefits that were deposited into the various bank accounts that Diab controlled.

    Sentencing is scheduled for July 28, 2025. Diab faces a maximum penalty of 30 years in prison. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Robinson pleaded guilty to conspiracy, wire fraud, bank fraud, and theft of government funds in February and is currently awaiting sentencing. She also faces up to 30 years in prison.

    The FBI Akron Division investigated this case. Assistant U.S. Attorneys Vanessa V. Healy and Brenna L. Fasko prosecuted that case for the Northern District of Ohio.

    MIL Security OSI –

  • MIL-OSI Global: We analyzed racial justice statements from the 500 largest US companies and found that DEI officials really did have an influence

    Source: The Conversation – USA – By Donald T. Tomaskovic-Devey, Professor of Sociology and Director of the Center for Employment Equity, UMass Amherst

    In 2020, American businesses responded to an unprecedented wave of racial justice protests with an equally unprecedented surge in corporate commitments. Even as President Donald Trump was calling protesters “terrorists,” companies in industries across the U.S. pledged donations, launched diversity initiatives and issued statements in support of equity and inclusion.

    As social scientists who study corporate political behavior, we, like many others, wondered whether this wave of corporate statements signaled a true commitment to racial justice or whether it was just symbolic. Some skeptics suggested that corporate statements about racial justice were just window dressing. Still others worried that corporations were becoming “woke” and distracted from making profits.

    These concerns have taken on new meaning as the attack on diversity, equity and inclusion, or DEI, has become a cornerstone of the new administration. When Donald Trump returned to office, two of his first acts were to ban DEI in federal government employment and overturning 60 years of affirmative action mandates on firms that do business with the government.

    This made us wonder: Were the DEI efforts of recent years actually associated with greater corporate commitments to racial justice? Or was it just more political theater?

    To try to better understand what was happening in corporate America, we collected every racial justice statement made by a Fortune 500 firm in response to the 2020 murder of George Floyd and Black Lives Matter protests.

    We found that most firms stayed silent, while others made only weak symbolic responses. Just 1 in 5 made strong commitments, pledging resources and structural changes to their business practices, such as revamping hiring policies or funding racial justice organizations.

    For that 20%, however, commitments could be substantial.

    Take Microsoft, for example. Just 10 days after Floyd’s murder, Microsoft CEO Satya Nadella sent an internal memo condemning police brutality and urging employees to take action. He also announced that Microsoft would donate $1.5 million to racial justice organizations. Microsoft then pledged to invest US$150 million in diversity and inclusion efforts and to establish a $50 million fund to support Black-owned business partners. Microsoft also committed to doubling its Black-owned suppliers by 2023 and Black senior executives by 2025.

    The impact of the DEI professional network

    DEI professionals help companies manage the diversity of their workforces by promoting fairness in treatment and social inclusion. Their basic job is to ensure that workplaces are respectful to all employees. The rise of this job title signals a managerial shift from tolerating cultural diversity to promoting broad inclusion. Some DEI practices – for example, diversity training focused on discrimination – can lead to backlash, research has shown. But inclusive practices, such as ensuring mentoring for everyone, simply tend to foster better workplaces.

    This made us wonder what distinguished the minority of firms that made more robust commitments to racial justice from the others. Our hunch was that when firm leadership discussed how to react to the Black Lives Matter protests, companies that already had DEI professionals with influential voices took stronger action.

    To test our hypothesis, we first searched globally for all DEI job titles in all large firms in LinkedIn. LinkedIn profiles provide the most recent 10 jobs a person holds, so we can identify when and at what firm people had DEI jobs. LinkedIn has proven to be a reliable source of career data for corporate professionals and is especially appropriate for a new and growing job title such as DEI.

    The general picture is clear.

    There was a rapid rise in DEI positions in the U.S., with a big jump in 2020, followed by declines in 2022, when our data ends. Among Fortune 500 companies, however, only about half had any DEI professionals. DEI roles were growing rapidly, but they were far from universal in the largest corporations.

    We also discovered that there was a set of firms central to the global DEI professional network. These firms were a source of future DEI staff for other companies. We measured centrality within the DEI network as the number of people in a firm’s DEI workforce that once worked in other prominent firms in the DEI network. Network centrality is a common way social scientists measure influence in groups.

    To be clear, these weren’t companies that specialize in DEI, but rather had hired DEI staff to help run their core business. The most central firms to the DEI professional network included some of the country’s largest banks, consulting firms and corporations, such as IBM, Johnson & Johnson and General Electric. These firms are also more likely to have made longer and larger investments in DEI staff than other firms.

    Based on prior studies of influence in social networks, we suspected that when a firm’s DEI staff were recruited from these prominent firms in the DEI network, they would have more influence over corporate decisions on how to respond to the 2020 Black Lives Matter protests. We found that the 20% of firms that made strong racial justice comments had much more prominent DEI staff than those that remained silent or made only symbolic statements. This finding has held up in multiple statistical models, where we have controlled for other factors that might be of relevance to making strong racial justice commitments.

    DEI staff, it appears, were influential when the national conversation turned to racial justice. Conversely, we also found that firms with politically conservative CEOs were much more likely to remain silent in the face of Black Lives Matter protests.

    The future of DEI?

    We wondered whether the association of DEI professionals and stronger racial justice commitments was stable, or perhaps just a fleeting result of strong mass protest in 2020. So we examined a second instance of corporations taking a stance. In 2022, the U.S. Supreme Court was considering the constitutional status of affirmative action practices in college admissions. Before the Supreme Court made its ruling, many firms sought to weigh in to influence the result by submitting legal briefs documenting the reasons why they thought the court should rule in favor of affirmative action.

    We found the same kinds of patterns of corporate support for affirmative action in 2022 as we did from the earlier protests in 2020. A total of 46 firms in the Fortune 500 publicly supported affirmative action. Once again, there is a strong relationship between the prominence of DEI professionals and taking action on racial justice policy. Those firms with greater prominence in the DEI network in 2020 were significantly more likely to sign onto a friend-of-the-court briefing in 2022.

    When firms make stronger investments in DEI work, and their DEI professionals are more central to the national DEI network, those DEI professionals were more influential in producing stronger racial justice commitments. This reflects long-term firm investments and the development of a robust, influential DEI staff.

    But only 20% of firms made strong commitments, while the vast majority were pretty silent in the face of national calls for racial justice. DEI roles had begun to drop after 2021, even before Trump’s election, and the current political attack on DEI will be chilling. There was already evidence in 2023 that some major firms were hiring fewer minority employees across their workforces. The influence of DEI professionals was never widespread and is likely now in decline. But we suspect that this decline will be fastest among the firms that were never really committed to racial justice and have particularly conservative CEOs.

    What about responses to the new political environment? As of March 2025, only 31 of the Fortune 500 signaled that they planned to roll back their DEI efforts or eliminate them altogether. Eleven firms publicly defended their DEI efforts, nine of which were among the strong racial justice responders in 2020. None of the firms that were silent in 2020 have defended DEI so far this year.

    So far among the Fortune 500, 92% of firms have remained largely silent about their DEI intentions. Perhaps the most interesting are Amazon, Meta, Google, Target, Ford and Walmart – all firms that made strong racial justice pledges in 2020 but have joined the DEI backlash this year. However, other firms have resisted these trends. The future of equal opportunity in U.S. employment will likely depend, at least in part, on how these silences and defenses are worked out in firms’ internal human resource practices and public commitments.

    This research was supported by the Center for Employment Equity at the University of Massachusetts, Amherst and the W. K. Kellogg Foundation..

    Jorge Quesada Velazco and Kevin L. Young do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. We analyzed racial justice statements from the 500 largest US companies and found that DEI officials really did have an influence – https://theconversation.com/we-analyzed-racial-justice-statements-from-the-500-largest-us-companies-and-found-that-dei-officials-really-did-have-an-influence-249999

    MIL OSI – Global Reports –

  • MIL-OSI Global: Want to stay healthier and fulfilled later in life? Try volunteering

    Source: The Conversation – USA – By Cal J. Halvorsen, Associate Professor of Social Work, Washington University in St. Louis

    New volunteers get trained in Lexington, Ky., to help out at CASA of Lexington in April 2023. AP Photo/Joshua A. Bickel

    As gerontologists – social scientists who study aging populations – we envision a future in which older people leave a doctor’s visit with a prescription to go volunteer for something.

    Does that sound far-fetched? There’s scientific research backing it up.

    Good for your health

    While spending more than a dozen years researching what happens when older adults volunteer with nonprofits, including churches, we’ve found that volunteers consider themselves to be in better health than their peers who don’t. In addition, their blood pressure is lower, and they appear to be aging more slowly than other people of the same age.

    Other researchers have found that volunteering is associated with a lower risk of having a heart attack.

    The mental health benefits are just as striking.

    Volunteering is tied to having fewer symptoms of depression and being more satisfied with your life. It often brings an instant boost in mood – along with a deeper sense of meaning and purpose.

    Even engaging in what’s known as “informal helping” – lending a hand to friends, neighbors or community members in need, without getting paid or participating in an organized program – can help you in similar ways.

    There are also health benefits for those who start volunteering much earlier in life.

    Children and teens who volunteer tend to have better health and lower levels of anxiety and fewer behavioral problems than those who don’t volunteer.

    Changing demographics

    The number of U.S. adults at least 62 years old – the earliest age at which you can claim Social Security retirement benefits – has grown by nearly 35 million since 2000, while the number of children and teens under 18 has fallen by nearly 1.5 million. There are now about 76 million Americans over 62 and 71 million under 18.

    This change has been gradual. Following a long-term demographic shift, record numbers of Americans are reaching retirement age.

    Benefits for society and the economy

    The benefits of volunteering aren’t just for the volunteers themselves.

    The total value of the hours of unpaid work volunteers put in totals an estimated US$170 billion each year, according to AmeriCorps, the federal agency focused on national and community service.

    And participating in community service programs can lead to better job prospects for volunteers, that same agency has found.

    AmeriCorps Seniors, which focuses on engaging volunteers ages 55 and older, runs programs that offer major benefits to their communities. These include the Foster Grandparent program, which connects older adult mentors to children, and the Senior Companion program, which connects volunteers to older adults seeking some help to continue living independently in their own homes.

    A current AmeriCorps Seniors pilot program is helping adults 55 and up, who can have more trouble landing new jobs than younger people, gain new job skills through their community service.

    People of all ages can get together through volunteering. Some organizations intentionally encourage this kind of intergenerational cooperation, including CoGenerate and Generations United.

    Rebuilding communities

    Researchers have also found that volunteering may increase trust within a community, especially when it brings together people from different backgrounds.

    It can strengthen “social cohesion,” a term researchers use to describe how much people bond and help each other, and reduce prejudice.

    Volunteers’ views on social issues may change through their work, too: More than 4 in 5 adults over 55 who tutored public school students to strengthen their reading skills in the national Experience Corps program, for example, stated that their views on public education evolved as a result. Those volunteers expressed more support for public education and said they’d be more likely to vote in favor of spending on schools.

    An American pastime

    Our findings are backed by science, but they also have roots in American history.

    Alexis de Tocqueville – a French philosopher and diplomat who arrived in the United States in 1831 to study the new nation’s penal system – was so impressed by the scale of volunteering in the U.S. that he wrote about it in his 1835 book “Democracy in America.”

    Tocqueville observed that “Americans of all ages, all conditions, all minds” were likely to unite in many kinds of groups or associations.

    More recently, former U.S. Surgeon General Vivek Murthy has said that volunteering can strengthen communities, and that “community is a powerful source of life satisfaction and life expectancy.”

    If you aren’t volunteering today, here are a few ideas to help you begin.

    Start small. Try joining an organization or association in your community, taking part in neighborhood cleanups or volunteering at your local senior center, animal shelter or museum. Love gardening? You can take care of local parks, conservation areas, community gardens and more.

    Once you’re ready for a bigger commitment, consider becoming a mentor through programs such as OASIS Intergenerational Tutoring or Big Brothers Big Sisters.

    And consider a more extensive level of commitment to organizations or causes you care deeply about. This might include joining a nonprofit board of directors, volunteering more hours, or taking on a volunteer leadership role.

    At a time when trust is eroding and divisions seem insurmountable, volunteering offers something rare: an evidence-backed way to reconnect with communities, institutions and each other.

    Reach out to your favorite nonprofit, visit Volunteer.gov or VolunteerMatch.org, or connect with a nonprofit resource center, a regional United Way or a community foundation to find volunteer opportunities near you.

    Cal Halvorsen is a Senior Research Fellow at CoGenerate. He received funding from the National Heart, Lung, and Blood Institute to examine the longitudinal effects of volunteering on cardiovascular disease biomarkers.

    Seoyoun Kim receives funding from the National Heart, Lung, and Blood Institute to examine the longitudinal effects of volunteering on cardiovascular biomarkers.

    – ref. Want to stay healthier and fulfilled later in life? Try volunteering – https://theconversation.com/want-to-stay-healthier-and-fulfilled-later-in-life-try-volunteering-252585

    MIL OSI – Global Reports –