Category: Entertainment

  • MIL-OSI: BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August 

    Source: GlobeNewswire (MIL-OSI)

    Invitation to Q2 2025 and half-year results presentation 01 August  

    BW Energy will release its second quarter and half-year 2025 results on Friday, 01 August at 07:00 CEST.  

    A conference call followed by Q&A will be hosted by CEO Carl K. Arnet and CFO Brice Morlot the same day at 14:00 CEST. 

    You can follow the presentation via webcast:

    https://events.webcast.no/viewer-registration/qQC1bQEB/register

    Call-in information

    Participants dial in numbers:

    DK: +45 7876 8490
    SE: +46 8 1241 0952
    NO: +47 2195 6342
    UK: +44 203 769 6819
    US: +1 646-787-0157
    Singapore: 65-3-1591097
    France: 33-1-81221259

    Conference code: 980877

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    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 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI: BW Energy: Invitation to Q2 2025 and half-year results presentation 01 August 

    Source: GlobeNewswire (MIL-OSI)

    Invitation to Q2 2025 and half-year results presentation 01 August  

    BW Energy will release its second quarter and half-year 2025 results on Friday, 01 August at 07:00 CEST.  

    A conference call followed by Q&A will be hosted by CEO Carl K. Arnet and CFO Brice Morlot the same day at 14:00 CEST. 

    You can follow the presentation via webcast:

    https://events.webcast.no/viewer-registration/qQC1bQEB/register

    Call-in information

    Participants dial in numbers:

    DK: +45 7876 8490
    SE: +46 8 1241 0952
    NO: +47 2195 6342
    UK: +44 203 769 6819
    US: +1 646-787-0157
    Singapore: 65-3-1591097
    France: 33-1-81221259

    Conference code: 980877

    For further information, please contact:

    Martin Seland Simensen, VP Investor Relations BW Energy

    +47 416 92 087, martin.simensen@bwenergy.no

    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 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI New Zealand: Events – Fleetwood Mac Tribute Tour Hits the Right Note for Youth Mental Health

    Source: Authority PR

    I Am Hope joins forces with Seventh Wonder for a nationwide partnership

    Australian singer-songwriter Bloom, one of the country’s most powerful vocalists, is bringing her acclaimed show Seventh Wonder Performs Fleetwood Mac to New Zealand this September — and this time, it’s for a cause close to home.

    Teaming up with mental health charity I Am Hope, the tour will raise funds and awareness for Gumboot Friday, the charity’s free youth counselling programme. Donation points will be available at all shows, with fundraising also happening online via Givealittle.

    “We’re proud to be backing this tour — and even prouder of the heart behind it,” says Mike King, founder of I Am Hope. “Bloom isn’t just one of the best voices you’ll hear live — she’s someone who truly understands the power of using your platform for good. She’s showing up for our young people in a way that’s real, generous, and community-led. We hope Kiwis support her the same way she’s supporting us.”

    Best known for her powerhouse tributes to Adele, Stevie Nicks and Amy Winehouse, Bloom has sold out theatres across Australia and earned the praise of Mick Fleetwood himself, who called her performance “spooky good.” Behind the music, Bloom uses her platform for good — having raised more than $30,000 for Parkinson’s disease and shining a light on Myalgic Encephalomyelitis/Chronic Fatigue Syndrome.

    “As an artist, I’ve seen how music can heal—and teaming up with I Am Hope lets us turn that connection into real support for young people who need it most.” Bloom, front woman of Seventh Wonder.

    Managed by Dennis Dunstan, former co-manager of Fleetwood Mac, Bloom will perform a six-stop NZ tour with her band, Seventh Wonder, from 12–20 September. A special guest appearance from Mike King is also on the cards, with final show details to be announced soon.

    Tickets are available now at: seventhwonder.com.au/nz/
    Givealittle page: givealittle.co.nz/fundraiser/rocking-for-hope-seventh-wonder-joins-forces

    NZ Tour Dates:

    • Fri, Sept 12 – Paraoa Brewing Co – Auckland
    • Sat, Sept 13 – Clarence Street Theatre – Hamilton
    • Sun, Sept 14 – Theatre Royal – New Plymouth
    • Thurs, Sept 18 – The Globe – Palmerston North
    • Fri, Sept 19 – Toitoi Opera House – Hastings
    • Sat, Sept 20 – Royal Whanganui Opera House – Whanganui.

    MIL OSI New Zealand News

  • MIL-Evening Report: Ceasefire talks collapse – what does that mean for the humanitarian catastrophe in Gaza?

    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University

    Efforts to end the relentless siege of Gaza have been set back by the abrupt end to peace talks in Qatar.

    Both the United States and Israel have withdrawn their negotiating teams, accusing Hamas of a “lack of desire to reach a ceasefire”.

    US President Donald Trump’s special envoy Steve Witkoff says it would appear Hamas never wanted a deal:

    While the mediators have made a great effort, Hamas does not appear to be coordinated or acting in good faith. We will now consider alternative options to bring the hostages home and try to create a more stable environment for the people in Gaza

    State Department spokesman Tommy Piggott reads Steve Witkoff’s statement on the collapse of the Gaza peace talks.

    The disappointing development coincides with mounting fears of a widespread famine in Gaza and a historic decision by France to formally recognise a Palestinian state.

    French President Emmanuel Macron says there is no alternative for the sake of security of the Middle East:

    True to its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognise the State of Palestine

    What will these developments mean for the conflict in Gaza and the broader security of the Middle East?

    ‘Humanitarian catastrophe’

    The failure to reach a truce means there is no end in sight to the Israeli siege of Gaza which has devastated the territory for more than 21 months.

    Amid mounting fears of mass starvation, Australian Prime Minister Anthony Albanese says Gaza is in the grip of a “humanitarian catastrophe”. He is urging Israel to comply immediately with its obligations under international law:

    Israel’s denial of aid and the killing of civilians, including children, seeking access to water and food cannot be defended or ignored.

    According to the United Nations Palestinian refugee agency UNRWA, more than 100 people – most of them children – have died of hunger. One in five children in Gaza City is malnourished, with the number of cases rising every day.

    Commissioner-General Philippe Lazzarini says with little food aid entering Gaza, people are

    neither dead nor alive, they are walking corpses […] most children our teams are seeing are emaciated, weak and at high risk of dying if they don’t get the treatment they urgently need.

    The UN and more than 100 aid groups blame Israel’s blockade of almost all aid into the territory for the lack of food.

    Lazzarini says UNRWA has 6,000 trucks of emergency supplies waiting in Jordan and Egypt. He is urging Israel – which continues to blame Hamas for cases of malnutrition – to allow the humanitarian assistance into Gaza.

    Proposed ceasefire deal

    The latest ceasefire proposal was reportedly close to being agreed by both parties.

    It included a 60-day truce, during which time Hamas would release ten living Israeli hostages and the remains of 18 others. In exchange, Israel would release a number of Palestinian prisoners, and humanitarian aid to Gaza would be significantly increased.

    During the ceasefire, both sides would engage in negotiations toward a lasting truce.

    While specific details of the current sticking points remain unclear, previous statements from both parties suggest the disagreement centres on what would follow any temporary ceasefire.

    Israel is reportedly seeking to maintain a permanent military presence in Gaza to allow for a rapid resumption of operations if needed. In contrast, Hamas is demanding a pathway toward a complete end to hostilities.

    A lack of mutual trust has dramatically clouded the negotiations.

    From Israel’s perspective, any ceasefire must not result in Hamas regaining control of Gaza, as this would allow the group to rebuild its power and potentially launch another cross-border attack.

    However, Hamas has repeatedly said it is willing to hand over power to any other Palestinian group in pursuit of a Palestinian state based on the 1967 borders. This could include the Palestinian National Authority (PNA), which governs the West Bank and has long recognised Israel.

    Support for a Palestinian state

    Israeli leaders have occasionally paid lip service to a Palestinian state. But they have described such an entity as “less than a state” or a “state-minus” – a formulation that falls short of both Palestinian aspirations and international legal standards.

    In response to the worsening humanitarian situation, some Western countries have moved to fully recognise a Palestinian state, viewing it as a step toward a permanent resolution of one of the longest-running conflicts in the Middle East.

    Macron’s announcement France will officially recognise a full Palestinian state in September is a major development.

    France is now the most prominent Western power to take this position. It follows more than 140 countries – including more than a dozen in Europe – that have already recognised statehood.

    While largely symbolic, the move adds diplomatic pressure on Israel amid the ongoing war and aid crisis in Gaza.

    However, the announcement was immediately condemned by Israeli Prime Minister Benjamin Netanyahu, who claimed recognition “rewards terror” and

    risks creating another Iranian proxy, just as Gaza became. A Palestinian state in these conditions would be a launch pad to annihilate Israel – not to live in peace beside it.

    Annexing Gaza?

    A Palestinian state is unacceptable to Israel.

    Further evidence was recently presented in a revealing TV interview by former Israeli Prime Minister Ehud Barak who stated Netanyahu had deliberately empowered Hamas in order to block a two-state solution.

    Instead there is mounting evidence Israel is seeking to annex the entirety of Palestinian land and relocate Palestinians to neighbouring countries.

    Given the current uncertainty, it appears unlikely a new ceasefire will be reached in the near future, especially as it remains unclear whether the US withdrawal from the negotiations was a genuine policy shift or merely a strategic negotiating tactic.

    Ali Mamouri 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. Ceasefire talks collapse – what does that mean for the humanitarian catastrophe in Gaza? – https://theconversation.com/ceasefire-talks-collapse-what-does-that-mean-for-the-humanitarian-catastrophe-in-gaza-261942

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Analysis: Ceasefire talks collapse – what does that mean for the humanitarian catastrophe in Gaza?

    Source: The Conversation – Global Perspectives – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University

    Efforts to end the relentless siege of Gaza have been set back by the abrupt end to peace talks in Qatar.

    Both the United States and Israel have withdrawn their negotiating teams, accusing Hamas of a “lack of desire to reach a ceasefire”.

    US President Donald Trump’s special envoy Steve Witkoff says it would appear Hamas never wanted a deal:

    While the mediators have made a great effort, Hamas does not appear to be coordinated or acting in good faith. We will now consider alternative options to bring the hostages home and try to create a more stable environment for the people in Gaza

    State Department spokesman Tommy Piggott reads Steve Witkoff’s statement on the collapse of the Gaza peace talks.

    The disappointing development coincides with mounting fears of a widespread famine in Gaza and a historic decision by France to formally recognise a Palestinian state.

    French President Emmanuel Macron says there is no alternative for the sake of security of the Middle East:

    True to its historic commitment to a just and lasting peace in the Middle East, I have decided that France will recognise the State of Palestine

    What will these developments mean for the conflict in Gaza and the broader security of the Middle East?

    ‘Humanitarian catastrophe’

    The failure to reach a truce means there is no end in sight to the Israeli siege of Gaza which has devastated the territory for more than 21 months.

    Amid mounting fears of mass starvation, Australian Prime Minister Anthony Albanese says Gaza is in the grip of a “humanitarian catastrophe”. He is urging Israel to comply immediately with its obligations under international law:

    Israel’s denial of aid and the killing of civilians, including children, seeking access to water and food cannot be defended or ignored.

    According to the United Nations Palestinian refugee agency UNRWA, more than 100 people – most of them children – have died of hunger. One in five children in Gaza City is malnourished, with the number of cases rising every day.

    Commissioner-General Philippe Lazzarini says with little food aid entering Gaza, people are

    neither dead nor alive, they are walking corpses […] most children our teams are seeing are emaciated, weak and at high risk of dying if they don’t get the treatment they urgently need.

    The UN and more than 100 aid groups blame Israel’s blockade of almost all aid into the territory for the lack of food.

    Lazzarini says UNRWA has 6,000 trucks of emergency supplies waiting in Jordan and Egypt. He is urging Israel – which continues to blame Hamas for cases of malnutrition – to allow the humanitarian assistance into Gaza.

    Proposed ceasefire deal

    The latest ceasefire proposal was reportedly close to being agreed by both parties.

    It included a 60-day truce, during which time Hamas would release ten living Israeli hostages and the remains of 18 others. In exchange, Israel would release a number of Palestinian prisoners, and humanitarian aid to Gaza would be significantly increased.

    During the ceasefire, both sides would engage in negotiations toward a lasting truce.

    While specific details of the current sticking points remain unclear, previous statements from both parties suggest the disagreement centres on what would follow any temporary ceasefire.

    Israel is reportedly seeking to maintain a permanent military presence in Gaza to allow for a rapid resumption of operations if needed. In contrast, Hamas is demanding a pathway toward a complete end to hostilities.

    A lack of mutual trust has dramatically clouded the negotiations.

    From Israel’s perspective, any ceasefire must not result in Hamas regaining control of Gaza, as this would allow the group to rebuild its power and potentially launch another cross-border attack.

    However, Hamas has repeatedly said it is willing to hand over power to any other Palestinian group in pursuit of a Palestinian state based on the 1967 borders. This could include the Palestinian National Authority (PNA), which governs the West Bank and has long recognised Israel.

    Support for a Palestinian state

    Israeli leaders have occasionally paid lip service to a Palestinian state. But they have described such an entity as “less than a state” or a “state-minus” – a formulation that falls short of both Palestinian aspirations and international legal standards.

    In response to the worsening humanitarian situation, some Western countries have moved to fully recognise a Palestinian state, viewing it as a step toward a permanent resolution of one of the longest-running conflicts in the Middle East.

    Macron’s announcement France will officially recognise a full Palestinian state in September is a major development.

    France is now the most prominent Western power to take this position. It follows more than 140 countries – including more than a dozen in Europe – that have already recognised statehood.

    While largely symbolic, the move adds diplomatic pressure on Israel amid the ongoing war and aid crisis in Gaza.

    However, the announcement was immediately condemned by Israeli Prime Minister Benjamin Netanyahu, who claimed recognition “rewards terror” and

    risks creating another Iranian proxy, just as Gaza became. A Palestinian state in these conditions would be a launch pad to annihilate Israel – not to live in peace beside it.

    Annexing Gaza?

    A Palestinian state is unacceptable to Israel.

    Further evidence was recently presented in a revealing TV interview by former Israeli Prime Minister Ehud Barak who stated Netanyahu had deliberately empowered Hamas in order to block a two-state solution.

    Instead there is mounting evidence Israel is seeking to annex the entirety of Palestinian land and relocate Palestinians to neighbouring countries.

    Given the current uncertainty, it appears unlikely a new ceasefire will be reached in the near future, especially as it remains unclear whether the US withdrawal from the negotiations was a genuine policy shift or merely a strategic negotiating tactic.

    Ali Mamouri 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. Ceasefire talks collapse – what does that mean for the humanitarian catastrophe in Gaza? – https://theconversation.com/ceasefire-talks-collapse-what-does-that-mean-for-the-humanitarian-catastrophe-in-gaza-261942

    MIL OSI Analysis

  • MIL-OSI Australia: Arts funding boost for Canberra’s creative community

    Source: Australian National Party

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 25/07/2025

    Thirteen Canberra-based artists and arts groups will share in over $415,000 in funding through the first round of the ACT Government’s 2025 Arts Activities ($5,000 to $50,000) program, supporting a diverse range of creative projects across literature, music, digital games, screen, dance, theatre and visual arts.

    The funding will assist artists to create, develop and promote their work locally, nationally and internationally, and supports the ACT Government’s commitment to strengthening Canberra’s identity as Australia’s Arts Capital.

    Among the successful recipients, Paul House has received support to create a multi-media installation for the National Gallery of Victoria’s Country Road Biennale in 2026. Zora Kerr will be able to develop a prototype for the digital game ‘I Am This Castle’, Dance artist Sugar Kaye Grefaldeo will stage Fortūna, a new dance/theatre work, while James Batchelor will present his new dance work Resonance at the Canberra Theatre Centre. In literature, Marissa McDowell received funding to develop imagiNATION, a project imagining the future through First Nations storytellers, poets and animators.

    Minister for Business, Arts and Creative Industries Michael Pettersson congratulated the successful applicants:

    “Congratulations to all the successful recipients of the first round of Arts Activities funding. I’m excited by the diversity and creativity of the projects that this funding will support and look forward to seeing the outcomes.”

    “The continuation of this type of support for Canberra’s unique creative industries is essential in establishing ourselves as Australia’s Arts Capital. This funding enables creative individuals to be innovative and develop and grow their art, while nurturing our region’s creative and diverse arts sector.”

    Arts Activities $5 to $50K funding is open twice a year and provides support for one-off projects that help artists develop their skills and practice, assist their careers and employment, and enable them to engage with audiences through exhibitions and performances in the ACT, interstate and internationally.

    The next round of Arts Activities $5 to $50K funding is currently open and will close on 31 July at 5pm.

    For the full list of recipients and more information go to www.arts.act.gov.au/funding/arts-activities-funding.

    Quotes attributable to Marissa McDowell:

    “This endeavour celebrates the creativity, resilience, and heritage of First Nation culture, fostering connection, understanding, and empowerment. Our project will captivate audiences at film festivals, through light projections, literature and audio recordings, sharing the richness of First Nation culture globally.

    Being selected for this support is a tremendous honour, affirming Black & White Films commitment to amplifying First Nation voices and fuelling our passion for storytelling and cultural expression. We are excited and grateful to embark on this journey to realise our project’s potential.”

    Quotes attributable to Zora Kerr:

    “My team and I are building a digital game based on my story of growing up transgender. That’s important because humans understand each other through stories, they’re how we build compassion, respect and empathy. Our stories make us feel seen, represented, and accepted.

    As a game developer I couldn’t be happier that my game was funded, and as a Canberran, it fills my heart with pride that our city values and financially supports diverse people and communities to tell authentic stories.”

    – Statement ends –

    Michael Pettersson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News

  • MIL-Evening Report: What makes a song ‘Australian’? Triple J’s Hottest 100 reignites a bigger question of national identity

    Source: The Conversation (Au and NZ) – By Catherine Strong, Associate Professor, Music Industry, RMIT University

    On July 26, Triple J will broadcast the Hottest 100 Australian Songs, as voted by the public. While predictions for winners and even preemptive complaining about the shortlist are taking up column space and social media posts, there is an underlying question: what we mean when we talk about “Australian songs”?

    Do these songs sound a particular way? Do they express something about what it means to be Australian? Or is it purely about where the artist was born?

    Importantly, how will each of these factors influence voting?

    Can a song sound Australian?

    Musical cultures with their own unique sounds have existed on this continent for tens of thousands of years. The sound of the didgeridoo is often used as a shorthand to signify Australianness in films, television and, to a lesser extent, popular songs.

    However, the history of dispossession and genocidal practices that have accompanied settlement in Australia means much has been lost from these musical traditions. Indigenous performers have been actively excluded from the same music-making spaces where other songs we think of as “Australian” have been created.

    Since British colonisation in the late 18th century, Australian music has also been part of global music flows. Settlers arrived with songs and musical influences from their own cultures. Jazz, country, rock and pop inspired local versions of these genres.

    But is there anything truly Australian about such music, or is it just imitation? And this conundrum connects to wider issues of Australia’s identity debated during the 20th century: was it a country, or still just a colony?

    Back in the 1970s, this question was also on then prime minister Gough Whitlams’s mind. After his election in 1972, Whitlam gave a huge boost to funding for cultural and creative activities to “help establish and express an Australian identity through the arts”, as part of a suite of nation-building activities.

    Building the pub rock canon

    The dirty guitar sounds of the pub rock scene of the 1970s, with its associated subcultures, are sometimes said to be Australia’s first distinct offering in post-rock ‘n’ roll music.

    This was followed by the rise of bands such as Midnight Oil and Cold Chisel, who found success not just by drawing on more local sounds, but also by referencing Australian places, politics and cultures.

    The Whitlam government’s broadcasting reforms meant this music had homes on community radio and the new youth station 2JJ (now Triple J).

    The bands from this era have come to make up what might be described as the Oz rock canon – a collection of works seen to make up the “best” of the art form. Canons exert a strong influence over how we assess music, meaning these bands will probably appear in the tomorrow’s countdown.

    This idea of the rock canon is almost perfectly reflected in the ten entries by Prime Minister Anthony Albanese to tomorrow’s countdown. His selection of almost 100% white male musicians encapsulates the exclusionary nature rock of this period.

    The fact that our last two prime ministers, despite being from opposite sides of politics, produced very similar lists, gives us insight into the persistence of this canon, and what ideas about “Australian culture” circulate in the halls of power.

    It’s questionable whether any of the bands or songs on Albanese’s list could be said to have a coherent “Australian” sound, yet they have come to hold a place in the national imagination.

    Changing canons and new sounds

    Triple J’s Hottest 100 of All Time in 2009 was seen as a surprising recapitulation of the (male) rock canon, especially given the station’s otherwise diverse playlists.

    However, the highest-placed Australian song on the list was The Nosebleed Section by Hilltop Hoods, representing the recent and rapid rise of Aussie hip-hop.

    The 2011 Hottest 100 Australian Albums of All Time (the closest forerunner to the current poll) further updated the canon, with Powderfinger’s Odyssey Number Five (2000) in the top spot, and other top ten entries by electronic groups The Presets and The Avalanches.

    Nonetheless, the canon remained male dominated, with the highest woman-fronted album being Missy Higgins’s The Sound of White (2004) at number 29.

    The past decade has seen a boom in Indigenous representation on Australian airwaves and stages, with artists such as Thelma Plum, Barkaa, A.B. Original and Baker Boy.

    These artists use a range of genres and styles to express pride in their Indigeneity, and critique Australian identity. A.B. Original’s song January 26 was number 17 in 2016’s Hottest 100 countdown. This was also the last year Triple J chose this date for its annual broadcast, speaking to the power of music to reflect – and even inform – popular sentiment.

    Given recent national debates, a strong contender for the upcoming poll is Treaty (Radio Mix) by Yothu Yindi (which ranked number 11 of all time in 1991). These shifts show how canons can be unsettled over time.

    What if we don’t all agree?

    Recently, Creative Australia came under fire for trying to stifle Khaled Sabsabi’s politically-informed art in the interests of “social cohesion”.

    But others pointed out art provides crucial space for challenging prevailing ideas, and that social cohesion in a democracy is not about reaching complete agreement, but being able to handle disagreement.

    A Hottest 100 that reflects the diversity and even the tensions in Australian society may provoke arguments, but it is in these spaces that we can reflect on what it means to live on these lands.

    Ben Green receives funding from the Australian Research Council and the Australasian Performing Right Association.

    Catherine Strong 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. What makes a song ‘Australian’? Triple J’s Hottest 100 reignites a bigger question of national identity – https://theconversation.com/what-makes-a-song-australian-triple-js-hottest-100-reignites-a-bigger-question-of-national-identity-261560

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Australia: Does artificial intelligence help uni students learn smarter or just faster?

    Source:

    25 July 2025

    New research from the University of South Australia has revealed that tertiary students’ learning habits are deeply connected to how they engage with generative artificial intelligence tools.

    Surveying 435 students from Australia and Canada, the study investigated how confidence, motivation, and effort regulation influence perceptions of AI-powered tools such as ChatGPT.

    Researchers found that self-regulated learning skills play a significant role in whether students adopt AI as a meaningful learning aid or merely a quick solution for academic tasks.

    The findings show that university students who use AI for academic purposes benefit more than those using it for work or personal tasks. They also show that student who feel confident in their abilities are more likely to use Ai to benefit their learning.

    Lead researcher, UniSA’s Associate Professor Negin Mirriahi, says that the way students approach AI tools reflects their broader learning strategies.

    “Some students see AI as a shortcut, using it to finish assignments more quickly, but our research suggests that those with strong self-regulation skills actually harness it for deeper learning,” Assoc Prof Negin Mirriahi says.

    “It’s not just about speed; it’s about how students engage with knowledge.

    “When students feel confident in their capabilities, they are more likely to engage with and effectively use technological tools.”

    The study highlights a distinction between students who use AI for university studies and those who engage with it for non-academic purposes such as work or entertainment.

    Those using AI for learning were more likely to find it useful, reinforcing the connection between structured self-regulation and effective AI adoption.

    Assoc Prof Mirriahi says the findings should inform how universities integrate AI into education.

    “Artificial intelligence is reshaping higher education, and our study shows that students who are motivated and confident in their learning benefit the most from AI tools,” she says.

    “The challenge for universities is to ensure AI fosters independent thinking rather than becoming a crutch for students who lack self-regulation.

    “We need to help students develop the skills to critically engage with AI, not just rely on it for convenience.”

    The researchers say that universities should model AI use in classrooms, demonstrating ways that students can engage with the technology to strengthen their critical thinking and independent learning.

    “We need to see more engagement with AI in university environments, so that teachers can demonstrate how AI can benefit student learning,” Assoc Prof Mirriahi says.

    “This might include showcasing how AI can generate ideas, explain complex concepts, or even critique their work.

    “Importantly, through direct and guided engagement, students will learn how they can confidently and responsibly engage with AI to enhance their learning experiences, without cheating.”

    Study co-author, UniSA’s Associate Professor Vitomir Kovanović, says that while AI adoption is increasing, there is a risk that some students may rely on it superficially, rather than using it to refine study skills and deepen understanding.

    “The concern isn’t just whether students use AI, it’s about how they use it,” Assoc Prof Kovanović says.
    “If they approach AI critically and actively evaluate its responses, they can enhance their learning.

    “But if AI simply becomes a shortcut to completing tasks, we may see gaps in how students develop their problem-solving skills.”

    Assoc Prof Kovanović says that universities should focus on fostering self-efficacy and effort regulation in students.

    “Students who have confidence in their learning abilities and persist through challenges tend to find AI genuinely useful,” he says.

    “Universities must equip students with strategies to use AI effectively so that it enhances their critical thinking, rather than replacing it.

    “AI is already embedded in education, and it’s only going to become more prevalent. Our responsibility is to ensure students are equipped with the right strategies to navigate it effectively.”

    ………………………………………………………………………………………………………………………….

    The full paper is available here: Mirriahi, N., Marrone, R., Barthakur, A., Gabriel, F., Colton, J., Yeung, T. N., Arthur, P., & Kovanovic, V. (2025). The relationship between students’ self-regulated learning skills and technology acceptance of GenAI. Australasian Journal of Educational Technology.

    ………………………………………………………………………………………………………………………

    Contacts for interview:  Associate Professor Negin Mirriahi E: Negin.Mirriahi@unisa.edu.au
    Associate Professor Vitomir Kovanović E: Vitomir.Kovanovic@unisa.edu.au
    Media contact: Annabel Mansfield M: +61 479 182 489 E: Annabel.Mansfield@unisa.edu.au

    MIL OSI News

  • MIL-OSI: Troller Cat Enters Stage 14 of Presale with $400K Raised, Announces Ethereum-Based Staking Program

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) — Troller Cat, a meme-inspired cryptocurrency project built on Ethereum, has officially entered Stage 14 of its 26-stage presale. With over $400,000 raised and more than 1,500 holders onboard, the project continues to gain traction amid rising demand for community-driven blockchain tokens.

    Stage 14, titled “The Balloon Boy Hoax”, marks the latest chapter in Troller Cat’s uniquely themed presale, which draws from internet history and viral culture. The current token price is $0.00009667, with the next stage offering a nearly 10% price increase, according to the official website.

    The Troller Cat team has also launched a 69% APY staking program, designed to incentivize early supporters and long-term holders. Staking rewards are locked for two months following token launch to promote sustainability and reduce post-listing volatility.

    “We built Troller Cat to capture both the humor of internet culture and the utility of decentralized finance,” said a project spokesperson. “Each presale stage is a nod to an iconic internet moment, with deflationary mechanics and staking rewards giving the token real value for participants.”

    Key Highlights:

    • Presale Progress: Now in Stage 14 of 26, with over $400,000 raised
    • Current Price: $0.00009667, with a scheduled increase of 9.96% at the next stage
    • Blockchain: Built on Ethereum, allowing for greater compatibility and scalability
    • Staking Yield: Up to 69% APY, with a two-month lock period after listing
    • Liquidity Lock: Liquidity will be locked for 2 years, supporting long-term investor confidence

    Troller Cat’s Ethereum base enables wallet interoperability, smart contract integration, and future centralized exchange (CEX) listings. The token also includes a deflationary model and buyback mechanism, designed to reduce supply over time.

    The project’s roadmap includes community voting, NFT integrations, and gamified reward mechanics. Each presale stage references a different internet-era stunt or hoax, contributing to a gamified, narrative-driven experience.

    About Troller Cat ($TCAT):
    Troller Cat is a meme-inspired crypto project combining internet culture, gamified presale stages, and Ethereum-powered DeFi utilities. With a 26-stage presale and deflationary tokenomics, the project aims to balance entertainment with value-building mechanisms.

    To Participate in the Presale or Learn More:
    Website: https://www.trollercat.io/
    Buy Now: https://www.trollercat.io/buy-now/
    X (Twitter): https://x.com/trollercat_

    Media Contact:
    Troller Cat Team
    Email: info@trollercat.io
    Admin@trollercat.com

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

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

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/75e5977c-a754-4ca6-85ea-48b3f108a1e4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/82eb9764-ed0b-4a93-a193-186336476ab2

    https://www.globenewswire.com/NewsRoom/AttachmentNg/1c69c5a3-8887-4fe6-b366-f22c1ec1c370

    https://www.globenewswire.com/NewsRoom/AttachmentNg/2f97b56d-9e37-4268-b058-62fd76ab6839

    The MIL Network

  • MIL-OSI China: Xu Huiyan shines at Aquatics Worlds, eyes Olympic future

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

    At just 19 years old, Xu Huiyan has already emerged as one of China’s brightest stars in artistic swimming.

    At the 2025 World Aquatics Championships in Singapore, she delivered a standout performance, earning three gold medals and one silver – including China’s first-ever world title in the women’s solo technical event.

    Ahead of the championships, Xu’s momentum had sparked speculation from World Aquatics about how many golds she might claim in Singapore. The answer, so far, is remarkable.

    Xu Huiyan in action during the women’s solo technical preliminary at the 2025 World Aquatic Championships. (Xinhua/Then Chih Wey)

    Xu has competed in nine events over seven days, including preliminary rounds – a grueling schedule by any standard. Despite the demanding timeline, she continued to contribute to her team while excelling individually.

    She helped China capture two gold medals in team events and also added a silver in the women’s solo free. On Thursday morning, she competed in the team acrobatic preliminaries, helping China secure the top spot heading into the final.

    Reflecting on her solo technical gold, Xu said: “It feels pretty emotional, because something I hoped for but hadn’t dared to think about before is now a reality before me.”

    Still, she sees room to improve. “In the solo free event, there are still things I can improve on, whether it’s in terms of completion or connectivity.”

    Xu said competing in team events actually enhances her solo performances.

    “Doing the team event helped me feel freer, move more freely,” she explained. “The depth of the field in the team event isn’t that much different from the solo event, so doing that did help.”

    However, head coach Zhang Xiaohuan noted that some compromises were made to prioritize team success.

    “In fact, the preparation and training for the solo events were geared toward supporting the team events,” Zhang said. “Sacrifices were made in the solo competitions. Coach Tu Jun and Xu worked very well together, utilizing their spare time for solo training.”

    Even on days with back-to-back finals, Xu delivered high-caliber performances. Zhang praised her leadership and dedication.

    “She takes the initiative on everything – from the music selection to the choreography and artistic impression… she does all of that,” Zhang said. “I’m very glad we’ve found an excellent swimmer to help the Chinese team.”

    Xu’s rise has been rapid. She debuted at the 2024 World Aquatics Championships in Doha, earning bronze in the solo technical and placing fourth in the solo free. Two months later, she claimed three golds at the Artistic Swimming World Cup in Beijing, sweeping both solo events and the team technical.

    Her success continued at the World Aquatics Artistic Swimming Junior Championships in Peru last August, where she won gold in the solo technical, team free, and team technical events.

    In 2025, her winning streak showed no signs of slowing. She secured individual titles at the World Cup in Canada in May, and then at the Super Final in Xi’an in June, she took home five gold medals from six events.

    “The past year has been a grueling one in training for me. It’s been a lot of growth,” Xu said.

    “I needed to work on my artistic impression – that was something I was lacking last year. My growth is completely linked to my team and my coaches. I get a lot of support from so many people who work behind the scenes.”

    “Competing in more events also means I got more opportunities to test myself,” she added.

    Coach Zhang highlighted the magnitude of her progress.

    “As a young athlete, Xu went from a bronze and a fourth place in Doha to the achievements she’s already had here in Singapore – all within just a year,” Zhang said. “She is only 19 years old and has already achieved a breakthrough here, doing something we’ve never achieved before. She’s already made one of our dreams come true.”

    Looking ahead, Zhang sees even greater potential.

    “As one of China’s top artistic swimmers, Xu can still elevate her performance – particularly in achieving more fluid extensions and refining the delicate precision of her leg movements. She has the potential to be even better.”

    For Xu, there’s still much to strive for. This is only her second World Championships, and she has her sights set on the Olympic Games.

    “I still need to work harder on my path of growth,” she said.

    Xu will compete in her 10th and final event of the competition – the team acrobatic final – on Friday.

    MIL OSI China News

  • MIL-OSI USA: As Trump, Congressional Republicans Side With NCAA Bosses, Murphy, Sanders, Warren Reintroduce Legislation to Strengthen College Athletes’ Collective Bargaining Rights

    US Senate News:

    Source: United States Senator for Connecticut – Chris Murphy

    July 24, 2025

    WASHINGTON—U.S. Senators Chris Murphy (D-Conn.), a member of the U.S. Senate Health, Education, Labor, and Pensions Committee, Bernie Sanders (I-Vt.), Chairman of the U.S. Senate Health, Education, Labor, and Pensions Committee, and Elizabeth Warren (D-Mass.) on Wednesday reintroduced the College Athlete Right to Organize Act (CARO), legislation that affirms college athletes are employees under the National Labor Relations Act (NLRA). While the SCORE Act, recently introduced in the House, would put the power in the hands of the NCAA and roll back some of the progress and protection college athletes have already won, CARO would ensure college athletes have the right to organize and collectively bargain for fair compensation and better working conditions. U.S. Representative Summer L. Lee (D-Pa.-12) introduced companion legislation in the U.S. House of Representatives.

    “The multibillion-dollar college sports industry would not exist without the labor of college athletes. Between grueling two-a-day practices, cross country travel, and primetime game days, it’s absurd to claim these athletes are amateurs who doesn’t deserve a seat at the negotiating table,” said Murphy. “While the NCAA is cozying up to the Trump administration to try to protect its profits at the expense of these athletes, our bill would empower them to form unions and negotiate for better revenue-sharing agreements, working conditions, and health and safety protections.”

    “Fair pay and the right to unionize are the bare minimum universities and the NCAA should offer the college athletes that make them billions of dollars each year. Our bill protects the students powering this industry and gives them the rights they deserve as workers,” said Warren.

    “Pittsburgh is and always will be a union town—and our college athletes deserve the same rights as any other worker who generates revenue through their labor,” said Lee. “From early morning workouts to grueling travel schedules, these athletes put their bodies and futures on the line for their schools while bringing in millions for athletic departments and universities. Yet the NCAA continues to deny them the fundamental right to organize and fight for fair treatment. That’s why I’m proud to partner with Senator Murphy on the College Athlete Right to Organize Act—to ensure that student athletes from Pitt, Duquesne, and CMU to my own alma mater Penn State can stand together, form a union, and demand the dignity, protections, and compensation they’ve long been denied.”

    The legislation is endorsed by the major professional players associations including the Major League Baseball Players Association, Major League Soccer Players Association, National Basketball Players Association, National Football League Players Association, National Hockey League Players Association, and United Soccer League Players Association. AFL-CIO, American Federation of State, County and Municipal Employees, American Federation of Teachers, Service Employees International Union (SEIU), and United Steelworkers (USW) also endorsed the bill.

    “Collective bargaining has immeasurably benefitted the athletes we represent and professional sports as a whole. Our members enjoy elevated health and safety standards, medical benefits, more equitable compensation, and other rights both on and off the field. Leagues and teams can negotiate roster construction, roster stability, and other competitive regulations. And fans receive the most compelling entertainment product in the world. The same result is achievable at the collegiate level, and we applaud Sen. Murphy for his continued efforts to ensure the option to organize and collectively bargain is safeguarded,” said the Major League Baseball Players Association, Major League Soccer Players Association, National Basketball Players Association, National Football League Players Association, and National Hockey League Players Association.

    “The USW applauds Sen. Chris Murphy’s efforts to protect college athletes. The NCAA is a massive business kept afloat by more than half a million players in the United States. Our union has advocated on behalf athletes for more than 60 years, and we’re proud to once again back common-sense measures like the College Athletes Right to Organize Act that ensure college athletes receive the fair compensation, just treatment and safe workplaces all workers deserve,” said USW International President David McCall.

    With Division I college football programs raking in hundreds of millions a year and paying their coaches in the tens of millions, it’s unconscionable and unacceptable that the workers who create that immense value are barred from bargaining over safety, compensation, and schedules. “Student-athletes” is a legal fiction used to justify rampant exploitation of disproportionately Black and brown workers. Every worker who puts in a physically and mentally grueling day of work should have the right to advocate for their collective interests. We should not have sectors of our economy, whether they are hidden from view, or live in prime time, where workers lack basic rights. The College Athlete Right to Organize Act recognizes the plain reality that the NCAA and its supplicants would prefer to cover-up and deny. The Senate should pass it swiftly,” said Randi Weingarten, President of the American Federation for Teachers.

    U.S. Representatives Emanuel Cleaver, II (D-Mo.-5), Maxwell Frost (D-Fla.-10), Hank Johnson (D-Ga.-4), Alexandria Ocasio-Cortez (D-N.Y.-14), Ilhan Omar (D-Minn.-5), Delia Ramirez (D-Ill.-3), Shri Thanedar (D-Mich.-13), and Rashida Tlaib (D-Mich.-12) co-sponsored the legislation in the U.S. House of Representatives.

    Murphy also reintroduced the College Athlete Economic Freedom Act, legislation that would establish an unrestricted federal right for college athletes to market their Name, Image, and Likeness (NIL).

    MIL OSI USA News

  • MIL-OSI USA: TOMORROW: Governor Newsom to respond to Texas’ redistricting plan and provide update on fight to preserve American democracy

    Source: US State of California Governor

    Jul 24, 2025

    SACRAMENTO COUNTY — Governor Gavin Newsom will hold a press availability tomorrow to discuss Texas’ latest redistricting maneuver aimed at tilting the outcome of the 2026 election — with serious implications for democracy nationwide.

    WHEN: Friday, July 25 at approximately 2 p.m.

    LIVESTREAM: Governor’s Twitter page, Governor’s Facebook page, and the Governor’s YouTube page. This event will also be available to TV stations on the LiveU Matrix under “California Governor.”

    NOTE: This in-person press event will be open to credentialed media only. Media interested in attending must RSVP by clicking here no later than 12 p.m., July 25. Location information will be provided upon RSVP confirmation.

    Media advisories, Recent news

    Recent news

    News Governor Newsom praises the State Water Board for incorporating the Healthy Rivers and Landscapes Program into the Bay-Delta Plan What you need to know: The Newsom Administration’s innovative Healthy Rivers and Landscapes Program, which improves environmental…

    News Sacramento, California – Governor Gavin Newsom issued the following statement today on a three-judge panel of the U.S. Court of Appeals for the Ninth Circuit striking down California’s ammunition background check law, which was passed by voters in 2016: Strong…

    News What you need to know: Through Governor Newsom’s support of local government efforts and state investments, California is reversing decades of inaction on homelessness. Last year’s 2024 point-in-time count showed California had outperformed the nation by slowing…

    MIL OSI USA News

  • MIL-OSI: Chang Development Company Founder Featured in Washington Times Editorial on Taiwan’s “Great Recall”

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) — As Taiwan undergoes a historic wave of civic action known as the “Great Recall,” U.S.-based investment firm Chang Development Company and its founder Orina Chang are gaining recognition for championing democratic values through cross-border investment and thought leadership.

    In a July 22 Washington Times editorial titled “Why the U.S. Should Heed Taiwan’s Citizen-Led Recall Movement”, Chang framed the recall as “a public immune response to constitutional erosion,” emphasizing that “defense begins not at the border, but in the legislature, in the constitution, and in the resolve of ordinary citizens.”

    Chang, a former Wall Street investment manager turned civic entrepreneur, leads Chang Development Company with a dual focus: supporting democracy and advancing investment in frontier markets aligned with U.S. and Taiwan interests — including energy security and critical minerals. The firm is currently leading a strategic initiative in Somaliland with backing from international partners.

    This is not the first time Chang has used her financial platform to engage policy. Earlier this year, she penned another Washington Times editorial, “Building Taiwan’s Sovereign Wealth Fund”, which laid out a roadmap for Taiwan to secure its economic future through responsible and globally integrated investment mechanisms.

    “We don’t just invest in assets — we invest in resilience, institutions, and values,” said Chang. “What’s happening in Taiwan today isn’t just domestic news; it’s a global signal that democracies must act early to defend themselves from within.”

    About Chang Development Company

    Chang Development Company (CDC) is a cross-border investment firm based in New York. The firm focuses on critical minerals, economic diplomacy, and frontier market partnerships that align capital with democratic governance and long-term resilience.

    Contact:

    Orina Chang
    orinachang@me.com
    orinachang.com

    The MIL Network

  • MIL-OSI USA: Durbin On Trump’s Extreme Judicial Nominees: The Only Qualification That President Trump Looks For In His Nominees Is Loyalty To Him And His MAGA Agenda

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin
    July 24, 2025
    Durbin took to the Senate floor to denounce President Trump’s extreme and unqualified judicial nominees
    WASHINGTON – In a speech on the Senate floor, U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, criticized the Trump Administration’s unqualified and extreme judicial nominees. In his remarks, Durbin spoke out against the nomination of Emil Bove to be a U.S. Circuit Judge for the U.S. Court of Appeals for the Third Circuit, pointing toward Bove’s unwavering loyalty to President Trump. During his remarks, Durbin also denounced the confirmation of Joshua Divine to serve as a judge on the Eastern and Western Districts of Missouri.
    “The first Trump Administration put forward some of the most extreme and unqualified judicial nominees ever considered by the Senate. Several Trump nominees had little or no experience in a courtroom, no litigation experience,” Durbin said. “Three district court nominees—Kathryn Mizelle, Justin Walker, and Sarah Pitlik—won unanimous support from Committee Republicans, despite having never tried a case.”
    “Many Trump nominees took some unusual, if not controversial, if not just plain wrong [positions]. [Take] Lawrence Van Dyke, [a] Ninth Circuit nominee. We asked him to affirm that he would be fair to LGBTQ individuals. He wouldn’t say it, just couldn’t get the words [out] of his mouth,” Durbin continued. “Michael Truncale, an Eastern District of Texas nominee, said of President Obama, he was ‘an un-American imposter.’ Those are the words of this man seeking the federal bench, about the former president. He said he [Obama] would ‘bow to Arab sheikhs and other world leaders.’ Where did you find that nominee?”
    During his first term, President Trump put forward ten judicial nominees who were found to be “Not Qualified” by the American Bar Association. Despite strong objections from Senate Democrats, eight of the ten unqualified nominees were confirmed by Senate Republicans.
    “Historically, the American Bar Association did its own background check on nominees for the federal bench. Where would they go? Well, they would go into the community. They would go to the judges that this person has appeared before. They would go to the fellow attorneys. They would try to find character references. And they would dig deep. They had some basic rules. You had to have [12] years of experience as an attorney to even be considered for the federal bench. Then they rated people ‘Qualified,’ ‘Not Qualified,’ ‘Well Qualified,’ and such… Even when the American Bar Association says you’re unqualified to serve on the bench, it didn’t discourage the [Trump Administration],” Durbin said.
    “President Trump seems intent on outdoing himself by putting forth nominees who are even more extreme, partisan, and fundamentally unqualified [than his first Administration]. Instead of finding more qualified judicial nominees, Attorney General Bondi ordered the Justice Department to stop cooperating with the American Bar Association in rating nominees,” Durbin continued.
    “She didn’t want to run into the embarrassment that they did in the first Trump term, with ten of them being found unqualified. She said the way to solve that is to not find a better nominee, but to get rid of the American Bar Association. If they’re not going to give a grade to these nominees, we don’t have to worry about their being unqualified. She overturned a practice in place nearly 70 years, going back to Dwight Eisenhower. Both Republican and Democratic presidents had followed the rule. Now the only qualification that President Trump looks for in his judicial nominees, he says as much, is loyalty,” Durbin said.
    Durbin then spoke out against Emil Bove’s nomination, laying out his troubling record as an insurrection apologist and his belief that he does not need to abide by federal court rulings, both of which disqualify him from serving on the federal bench.
    “As a senior official in the Justice Department, Mr. Bove has done nothing but cater to President Trump’s every whim… Mr. Bove personally ordered the termination of federal prosecutors who put violent January 6 rioters in prison… When asked to justify his actions in firing the attorneys who prosecuted these insurrectionists, Mr. Bove claimed ‘heavy-handed tactics’ by prosecutors were ‘equally unacceptable’ as physical violence against law enforcement. That is an outrageous and offensive statement by a man who wants to be a federal judge for life,” Durbin said.
    “Mr. Bove also led the Justice Department’s efforts to strike a corrupt bargain with New York City Mayor Eric Adams. This is an outrage, what he did. Mr. Bove stated that charges would be dropped without prejudice so that Adams could ‘devote full attention and resources to…illegal immigration and violent crime.’ In other words, President Trump needed Mayor Adams to do his bidding on his deportation policy,” Durbin continued. 
    “If that was not enough, Mr. Bove has shown utter disdain for our courts. A whistleblower stepped forward, gave his name, risked his future to tell us what Mr. Bove had told to the attorneys working on cases [at the Justice Department]… According to this credible whistleblower who provided ample documentation to back up his claims, Mr. Bove told Department of Justice attorneys that they might need to say, ‘f— you’ to federal courts that issue orders this Administration doesn’t agree with,” Durbin said. “That is the most dangerous comment that a person in the position of authority can make in the executive branch, that they will ignore the court orders that are issued against them.”
    Durbin also decried Joshua Divine’s confirmation to serve as a judge on the Eastern and Western Districts of Missouri. Divine, who has litigated for only five years, has repeatedly peddled extreme positions on women’s right to health care and voting rights, hearkening back to deeply racist Jim Crow laws.
    “Yesterday, the Senate confirmed Joshua Divine to the federal bench. [He’s] 34 years old, received his law degree nine years ago, litigated for five years. Beyond his troubling lack of experience, Mr. Divine has taken extreme positions,” Durbin said. “He calls himself a ‘zealot’ when it comes to [being] anti-choice.”
    “He has challenged women’s ability, in his state, to access the abortion drug mifepristone and has undermined the decision of Missouri voters to codify abortion access in their state constitution,” Durbin said.
    “Also deeply troubling, Mr. Divine argued in favor of literacy tests at the ballot box, stating that people who ‘aren’t informed about issues or platforms…have no business voting.’ Now where does that come from in America? Literacy tests, where does that come from? It comes from the era of Jim Crow,” Durbin continued. “It turns out, Mr. Divine believes that literacy tests should be restored. It shouldn’t be controversial for anyone to say that the nominee has disqualified himself. The fact that the Senate confirmed Mr. Divine is outrageous.”
    Durbin concluded his floor speech by calling on his Republican colleagues to put aside their unbridled loyalty to President Trump and prevent extreme, unqualified nominees from sitting on the federal bench.
    “These nominees are just the tip of the iceberg. President Trump will continue to nominate extreme and unqualified individuals unless the Senate takes a stand,” Durbin said.
    “I urge my colleagues to vote against Mr. Bove and all future nominees whose only loyalty is to the President, and not to the Constitution,” Durbin concluded.
    Video of Durbin’s remarks on the Senate floor is available here.
    Audio of Durbin’s remarks on the Senate floor is available here.
    Footage of Durbin’s remarks on the Senate floor is available here for TV Stations.
     
    -30-
     

    MIL OSI USA News

  • MIL-OSI: EZCORP to Release Third Quarter Fiscal 2025 Results After Market Close on Wednesday, July 30, 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 24, 2025 (GLOBE NEWSWIRE) — EZCORP, Inc. (“EZCORP” or the “Company”) (NASDAQ: EZPW), a leading provider of pawn transactions in the United States and Latin America, will issue third quarter fiscal 2025 results (period ended June 30, 2025) on Wednesday, July 30, 2025, after the market close.

    The Company will host a webcast and conference call at 9:00 a.m. Eastern time on Thursday, July 31, 2025, to discuss its results. The presentation slides will be posted to the Investor Relations section of its website after the market close on Wednesday, July 30, 2025.

    Date: Thursday, July 31, 2025
    Time: 9:00 a.m. Eastern time
    Dial-in registration link: https://register-conf.media-server.com/register/BI4f3cd4b3bf1d44a198c59f67b0acdc6f
    Live webcast registration link: https://edge.media-server.com/mmc/p/pj5srnod

    A replay of the conference call will be available online at http://investors.ezcorp.com shortly after the live call concludes. If you have any difficulty accessing the conference call, please contact Elevate IR at EZPW@elevate-ir.com.

    About EZCORP
    Formed in 1989, EZCORP has grown into a leading provider of pawn transactions in the United States and Latin America. We also sell pre-owned and recycled merchandise, primarily collateral forfeited from pawn lending operations and merchandise purchased from customers. We are dedicated to satisfying the short-term cash needs of consumers who are both cash and credit constrained, focusing on an industry-leading customer experience. EZCORP is traded on NASDAQ under the symbol EZPW and is a member of the S&P 1000 Index and Nasdaq Composite Index.

    Follow us on social media:
    Facebook EZPAWN Official https://www.facebook.com/EZPAWN/
    EZCORP Instagram Official https://www.instagram.com/ezcorp_official/
    EZPAWN Instagram Official https://www.instagram.com/ezpawnofficial/
    EZCORP LinkedIn https://www.linkedin.com/company/ezcorp/

    Investor Relations Contact:
    Sean Mansouri, CFA
    Elevate IR
    EZPW@elevate-ir.com
    (720) 330-2829

    The MIL Network

  • MIL-OSI: USCB Financial Holdings, Inc. Reports Record Fully Diluted EPS of $0.40 for Q2 2025; ROAA of 1.22% and ROAE of 14.29%

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 24, 2025 (GLOBE NEWSWIRE) — USCB Financial Holdings, Inc. (the “Company”) (NASDAQ: USCB), the holding company for U.S. Century Bank (the “Bank”), reported net income of $8.1 million or $0.40 per fully diluted share for the three months ended June 30, 2025, compared with net income of $6.2 million or $0.31 per fully diluted share for the same period in 2024.

    “We are proud to report another consecutive record quarter, with continued improvement in our profitability ratios reflecting the strength of our core operations,” said Luis de la Aguilera, Chairman, President and CEO. “This quarter, NIM reached 3.28%, driven by healthy loan growth and disciplined deposit pricing. We remain focused on sustaining this momentum while prudently managing risk and capital allocation to deliver long-term value to our shareholders.”

    Unless otherwise stated, all percentage comparisons in the bullet points below are calculated at or for the quarter ended June 30, 2025 compared to at or for the quarter ended June 30, 2024 and annualized where appropriate.

    Profitability

    • Annualized return on average assets for the quarter ended June 30, 2025 was 1.22% compared to 1.01% for the second quarter of 2024.
    • Annualized return on average stockholders’ equity for the quarter ended June 30, 2025 was 14.29% compared to 12.63% for the second quarter of 2024.
    • The efficiency ratio for the quarter ended June 30, 2025 was 51.77% compared to 56.33% for the second quarter of 2024.
    • Net interest margin for the quarter ended June 30, 2025 was 3.28% compared to 2.94% for the second quarter of 2024.
    • Net interest income before provision for credit losses was $21.0 million for the quarter ended June 30, 2025, an increase of $3.7 million or 21.5% compared to $17.3 million for the same period in 2024.

    Balance Sheet

    • Total assets were $2.7 billion at June 30, 2025, representing an increase of $261.2 million or 10.6% from $2.5 billion at June 30, 2024.
    • Total loans held for investment were $2.1 billion at June 30, 2025, representing an increase of $244.1 million or 13.1% from $1.9 billion at June 30, 2024.
    • Total deposits were $2.3 billion at June 30, 2025, representing an increase of $279.0 million or 13.6% from $2.1 billion at June 30, 2024.
    • Total stockholders’ equity was $231.6 million at June 30, 2025, representing an increase of $30.6 million or 15.2% from $201.0 million at June 30, 2024. Total stockholders’ equity included accumulated comprehensive loss of $41.8 million at June 30, 2025 compared to accumulated comprehensive loss of $44.7 million at June 30, 2024.

    Asset Quality

    • The allowance for credit losses (“ACL”) increased by $2.7 million to $24.9 million at June 30, 2025 from $22.2 million at June 30, 2024.
    • The ACL represented 1.18% of total loans at June 30, 2025 and 1.19% at June 30, 2024.
    • The provision for credit loss was $1.0 million for the quarter ended June 30, 2025, an increase of $245 thousand compared to $786 thousand for the same period in 2024.
    • The ratio of non-performing loans to total loans was 0.06% at June 30, 2025 and 0.04% at June 30, 2024. Non-performing loans totaled $1.4 million at June 30, 2025 and $758 thousand at June 30, 2024.

    Non-interest Income and Non-interest Expense

    • Non-interest income was $3.4 million for the three months ended June 30, 2025, an increase of $159 thousand or 5.0% compared to $3.2 million for the same period in 2024.
    • Non-interest expense was $12.6 million for the three months ended June 30, 2025, an increase of $1.1 million or 9.3% compared to $11.6 million for the same period in 2024.

    Capital

    • On July 21, 2025, the Company’s Board of Directors declared a quarterly cash dividend of $0.10 per share of the Company’s Class A common stock. The dividend will be paid on September 5, 2025 to shareholders of record at the close of business on August 15, 2025.
    • As of June 30, 2025, total risk-based capital ratios for the Company and the Bank were 13.73% and 13.67%, respectively, well in excess of regulatory requirements.
    • Tangible book value per common share (a non-GAAP measure) was $11.53 at June 30, 2025, representing an increase of $0.30 or 10.7% annualized from $11.23 at March 31, 2025. At June 30, 2025, tangible book value per common share was negatively affected by ($2.08) per share due to an accumulated comprehensive loss of $41.8 million mostly due to changes in the market value of the Company’s available for sale securities. At March 31, 2025, tangible book value per common share was negatively affected by ($2.05) per share due to an accumulated comprehensive loss of $41.1 million.

    Conference Call and Webcast

    The Company will host a conference call on Friday, July 25, 2025, at 11:00 a.m. Eastern Time to discuss the Company’s unaudited financial results for the quarter ended June 30, 2025. To access the conference call, dial (833) 816-1416 (U.S. toll-free) and ask to join the USCB Financial Holdings Call.

    Additionally, interested parties can listen to a live webcast of the call in the “Investor Relations” section of the Company’s website at www.uscentury.com. An archived version of the webcast will be available in the same location shortly after the live call has ended.

    About USCB Financial Holdings, Inc.

    USCB Financial Holdings, Inc. is the bank holding company for U.S. Century Bank. Established in 2002, U.S. Century Bank is one of the largest community banks headquartered in Miami, and one of the largest community banks in the State of Florida. U.S. Century Bank is rated 5-Stars by BauerFinancial, the nation’s leading independent bank rating firm. U.S. Century Bank offers customers a wide range of financial products and services and supports numerous community organizations, including the Greater Miami Chamber of Commerce, the South Florida Hispanic Chamber of Commerce, and ChamberSouth. For more information about us or to find a banking center near you, please call (305) 715-5200 or visit www.uscentury.com.

    Forward-Looking Statements

    This earnings release may contain statements that are not historical in nature and are intended to be, and are hereby identified as, forward-looking statements for purposes of the safe harbor provided by Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements are those that are not historical facts. The words “may,” “will,” “anticipate,” “could,” “should,” “would,” “believe,” “contemplate,” “expect,” “aim,” “plan,” “estimate,” “seek,” “continue,” and “intend,”, the negative of these terms, as well as other similar words and expressions of the future, are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements related to our projected growth, anticipated future financial performance, and management’s long-term performance goals, as well as statements relating to the anticipated effects on our results of operations and financial condition from expected or potential developments or events, or business and growth strategies, including anticipated internal growth and balance sheet restructuring.

    These forward-looking statements involve significant risks and uncertainties that could cause our actual results to differ materially from those anticipated in such statements. Potential risks and uncertainties include, but are not limited to:

    • the strength of the United States economy in general and the strength of the local economies in which we conduct operations;
    • our ability to successfully manage interest rate risk, credit risk, liquidity risk, and other risks inherent to our industry;
    • the accuracy of our financial statement estimates and assumptions, including the estimates used for our credit loss reserve and deferred tax asset valuation allowance;
    • the efficiency and effectiveness of our internal control procedures and processes;
    • our ability to comply with the extensive laws and regulations to which we are subject, including the laws for each jurisdiction where we operate;
    • adverse changes or conditions in capital and financial markets, including actual or potential stresses in the banking industry;
    • deposit attrition and the level of our uninsured deposits;
    • legislative or regulatory changes and changes in accounting principles, policies, practices or guidelines, including the on-going effects of the Current Expected Credit Losses (“CECL”) standard;
    • the lack of a significantly diversified loan portfolio and our concentration in the South Florida market, including the risks of geographic, depositor, and industry concentrations, including our concentration in loans secured by real estate, in particular, commercial real estate;
    • the effects of climate change;
    • the concentration of ownership of our common stock;
    • fluctuations in the price of our common stock;
    • our ability to fund or access the capital markets at attractive rates and terms and manage our growth, both organic growth as well as growth through other means, such as future acquisitions;
    • inflation, interest rate, unemployment rate, and market and monetary fluctuations;
    • the effects of potential new or increased tariffs and trade restrictions;
    • the impact of international hostilities and geopolitical events;
    • increased competition and its effect on the pricing of our products and services as well as our interest rate spread and net interest margin;
    • the loss of key employees;
    • the effectiveness of our risk management strategies, including operational risks, including, but not limited to, client, employee, or third-party fraud and security breaches; and
    • other risks described in this earnings release and other filings we make with the Securities and Exchange Commission (“SEC”).

    All forward-looking statements are necessarily only estimates of future results, and there can be no assurance  that actual results will not differ materially from expectations. Therefore, you are cautioned not to place undue reliance on any forward-looking statements. Further, forward-looking statements included in this earnings release are made only as of the date hereof, and we undertake no obligation to update or revise any forward-looking statement to reflect events or circumstances after the date on which the statements are made or to reflect the occurrence of unanticipated events, unless required to do so under the federal securities laws. You should also review the risk factors described in the reports the Company filed or will file with the SEC.

    Non-GAAP Financial Measures

    This earnings release includes financial information determined by methods other than in accordance with generally accepted accounting principles (“GAAP”). This financial information includes certain operating performance measures. Management has included these non-GAAP measures because it believes these measures may provide useful supplemental information for evaluating the Company’s operations and underlying performance trends. Further, management uses these measures in managing and evaluating the Company’s business and intends to refer to them in discussions about our operations and performance. Operating performance measures should be viewed in addition to, and not as an alternative to or substitute for, measures determined in accordance with GAAP, and are not necessarily comparable to non-GAAP measures that may be presented by other companies. Reconciliations of these non-GAAP measures to the most directly comparable GAAP measures can be found in the ‘Non-GAAP Reconciliation Tables’ included in the exhibits to this earnings release.

    All numbers included in this press release are unaudited unless otherwise noted.

    Contacts:

    Investor Relations
    InvestorRelations@uscentury.com 

    Media Relations
    Martha Guerra-Kattou
    MGuerra@uscentury.com 

    USCB FINANCIAL HOLDINGS, INC.
    CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
    (Dollars in thousands, except per share data)
                           
      Three Months Ended June 30,   Six Months Ended June 30,
      2025   2024   2025   2024
    Interest income:                      
    Loans, including fees $ 31,946   $ 28,017   $ 62,191   $ 54,660
    Investment securities   3,432     3,069     6,456     5,880
    Interest-bearing deposits in financial institutions   776     1,531     1,485     2,964
    Total interest income   36,154     32,617     70,132     63,504
    Interest expense:                      
    Interest-bearing checking deposits   285     391     623     760
    Savings and money market deposits   9,410     10,071     18,745     20,465
    Time deposits   4,343     3,222     8,261     6,516
    FHLB advances and other borrowings   1,082     1,622     2,354     3,294
    Total interest expense   15,120     15,306     29,983     31,035
    Net interest income before provision for credit losses   21,034     17,311     40,149     32,469
    Provision for credit losses   1,031     786     1,712     1,196
    Net interest income after provision for credit losses   20,003     16,525     38,437     31,273
    Non-interest income:                          
    Service fees   2,402     1,977     4,733     3,628
    Gain on sale of securities available for sale, net       14         14
    Gain on sale of loans held for sale, net   151     417     676     484
    Other non-interest income   817     803     1,677     1,549
    Total non-interest income   3,370     3,211     7,086     5,675
    Non-interest expense:                          
    Salaries and employee benefits   7,954     7,353     15,590     13,663
    Occupancy   1,337     1,266     2,621     2,580
    Regulatory assessments and fees   396     476     817     909
    Consulting and legal fees   263     263     456     855
    Network and information technology services   564     479     1,069     986
    Other operating expense   2,120     1,723     4,133     3,741
    Total non-interest expense   12,634     11,560     24,686     22,734
    Net income before income tax expense   10,739     8,176     20,837     14,214
    Income tax expense   2,599     1,967     5,039     3,393
    Net income $ 8,140   $ 6,209   $ 15,798   $ 10,821
    Per share information:                      
    Net income per common share, basic $ 0.41   $ 0.32   $ 0.79   $ 0.55
    Net income per common share, diluted $ 0.40   $ 0.31   $ 0.78   $ 0.55
    Cash dividends declared $ 0.10   $ 0.05   $ 0.20   $ 0.10
    Weighted average shares outstanding:                      
    Common shares, basic   20,059,264     19,650,681     20,040,205     19,642,006
    Common shares, diluted   20,295,794     19,717,167     20,299,585     19,707,561
                           
     
    USCB FINANCIAL HOLDINGS, INC.
    SELECTED FINANCIAL DATA (UNAUDITED)
    (Dollars in thousands, except per share data)
                                 
      As of or For the Three Months Ended
      6/30/2025   3/31/2025   12/31/2024   9/30/2024   6/30/2024
    Income statement data:                            
    Net interest income before provision for credit losses $ 21,034     $ 19,115     $ 19,358     $ 18,109     $ 17,311  
    Provision for credit losses   1,031       681       1,030       931       786  
    Net interest income after provision for credit losses   20,003       18,434       18,328       17,178       16,525  
    Service fees   2,402       2,331       2,667       2,544       1,977  
    Gain on sale of securities available for sale, net                           14  
    Gain on sale of loans held for sale, net   151       525       154       109       417  
    Other non-interest income   817       860       806       785       803  
    Total non-interest income   3,370       3,716       3,627       3,438       3,211  
    Salaries and employee benefits   7,954       7,636       7,930       7,200       7,353  
    Occupancy   1,337       1,284       1,337       1,341       1,266  
    Regulatory assessments and fees   396       421       405       452       476  
    Consulting and legal fees   263       193       552       161       263  
    Network and information technology services   564       505       494       513       479  
    Other operating expense   2,120       2,013       2,136       1,787       1,723  
    Total non-interest expense   12,634       12,052       12,854       11,454       11,560  
    Net income before income tax expense   10,739       10,098       9,101       9,162       8,176  
    Income tax expense   2,599       2,440       2,197       2,213       1,967  
    Net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,209  
    Per share information:                            
    Net income per common share, basic $ 0.41     $ 0.38     $ 0.35     $ 0.35     $ 0.32  
    Net income per common share, diluted $ 0.40     $ 0.38     $ 0.34     $ 0.35     $ 0.31  
    Cash dividends declared $ 0.10     $ 0.10     $ 0.05     $ 0.05     $ 0.05  
    Balance sheet data (at period-end):                            
    Cash and cash equivalents $ 54,819     $ 97,984     $ 77,035     $ 38,486     $ 77,261  
    Securities available-for-sale $ 285,382     $ 275,139     $ 260,221     $ 259,527     $ 236,444  
    Securities held-to-maturity $ 158,740     $ 161,790     $ 164,694     $ 167,001     $ 169,606  
    Total securities $ 444,122     $ 436,929     $ 424,915     $ 426,528     $ 406,050  
    Loans held for investment (1) $ 2,113,318     $ 2,036,212     $ 1,972,848     $ 1,931,362     $ 1,869,249  
    Allowance for credit losses $ (24,933 )   $ (24,740 )   $ (24,070 )   $ (23,067 )   $ (22,230 )
    Total assets $ 2,719,474     $ 2,677,382     $ 2,581,216     $ 2,503,954     $ 2,458,270  
    Non-interest-bearing demand deposits $ 584,895     $ 605,489     $ 575,159     $ 637,313     $ 579,243  
    Interest-bearing deposits $ 1,750,766     $ 1,704,080     $ 1,598,845     $ 1,489,304     $ 1,477,459  
    Total deposits $ 2,335,661     $ 2,309,569     $ 2,174,004     $ 2,126,617     $ 2,056,702  
    FHLB advances and other borrowings $ 108,000     $ 108,000     $ 163,000     $ 118,000     $ 162,000  
    Total liabilities $ 2,487,891     $ 2,452,294     $ 2,365,828     $ 2,290,038     $ 2,257,250  
    Total stockholders’ equity $ 231,583     $ 225,088     $ 215,388     $ 213,916     $ 201,020  
    Capital ratios:(2)                            
    Leverage ratio   9.72 %     9.61 %     9.53 %     9.34 %     9.03 %
    Common equity tier 1 capital   12.52 %     12.48 %     12.28 %     12.01 %     11.93 %
    Tier 1 risk-based capital   12.52 %     12.48 %     12.28 %     12.01 %     11.93 %
    Total risk-based capital   13.73 %     13.72 %     13.51 %     13.22 %     13.12 %
                                 
    (1) Loan amounts include deferred fees/costs.
    (2) Reflects the Company’s regulatory capital ratios which are provided for informational purposes only; as a small bank holding company, the Company is not subject to regulatory capital requirements. The Bank’s total risk-based capital at June 30, 2025 was 13.67%.
     
    USCB FINANCIAL HOLDINGS, INC.
    AVERAGE BALANCES, RATIOS, AND OTHER DATA (UNAUDITED)
    (Dollars in thousands)
                                 
      As of or For the Three Months Ended
      6/30/2025   3/31/2025   12/31/2024   9/30/2024   6/30/2024
    Average balance sheet data:                            
    Cash and cash equivalents $ 71,388     $ 82,610     $ 56,937     $ 87,937     $ 107,831  
    Securities available-for-sale $ 281,840     $ 265,154     $ 255,786     $ 244,882     $ 263,345  
    Securities held-to-maturity $ 160,443     $ 163,510     $ 165,831     $ 168,632     $ 171,682  
    Total securities $ 442,283     $ 428,664     $ 421,617     $ 413,514     $ 435,027  
    Loans held for investment(1) $ 2,057,445     $ 1,986,856     $ 1,958,566     $ 1,878,230     $ 1,828,487  
    Total assets $ 2,677,198     $ 2,606,593     $ 2,544,592     $ 2,485,434     $ 2,479,222  
    Interest-bearing deposits $ 1,710,568     $ 1,652,147     $ 1,547,789     $ 1,468,067     $ 1,473,513  
    Non-interest-bearing demand deposits $ 580,121     $ 563,040     $ 590,829     $ 609,456     $ 610,370  
    Total deposits $ 2,290,689     $ 2,215,187     $ 2,138,618     $ 2,077,523     $ 2,083,883  
    FHLB advances and other borrowings $ 116,527     $ 138,944     $ 151,804     $ 156,043     $ 162,000  
    Total liabilities $ 2,448,706     $ 2,387,088     $ 2,328,877     $ 2,278,793     $ 2,281,467  
    Total stockholders’ equity $ 228,492     $ 219,505     $ 215,715     $ 206,641     $ 197,755  
    Performance ratios:                            
    Return on average assets (2)   1.22 %     1.19 %     1.08 %     1.11 %     1.01 %
    Return on average equity (2)   14.29 %     14.15 %     12.73 %     13.38 %     12.63 %
    Net interest margin (2)   3.28 %     3.10 %     3.16 %     3.03 %     2.94 %
    Non-interest income to average assets (2)   0.50 %     0.58 %     0.57 %     0.55 %     0.52 %
    Non-interest expense to average assets (2)   1.89 %     1.88 %     2.01 %     1.83 %     1.88 %
    Efficiency ratio (3)   51.77 %     52.79 %     55.92 %     53.16 %     56.33 %
    Loans by type (at period end): (4)                            
    Residential real estate $ 307,020     $ 301,164     $ 289,961     $ 283,477     $ 256,807  
    Commercial real estate $ 1,206,621     $ 1,150,129     $ 1,136,417     $ 1,095,112     $ 1,053,030  
    Commercial and industrial $ 263,966     $ 256,326     $ 258,311     $ 246,539     $ 248,525  
    Correspondent banks $ 110,155     $ 103,026     $ 82,438     $ 103,815     $ 112,510  
    Consumer and other $ 218,426     $ 218,711     $ 198,091     $ 198,604     $ 194,644  
    Asset quality data:                            
    Allowance for credit losses to total loans   1.18 %     1.22 %     1.22 %     1.19 %     1.19 %
    Allowance for credit losses to non-performing loans   1825 %     595 %     889 %     846 %     2,933 %
    Total non-performing loans(5) $ 1,366     $ 4,156     $ 2,707     $ 2,725     $ 758  
    Non-performing loans to total loans   0.06 %     0.20 %     0.14 %     0.14 %     0.04 %
    Non-performing assets to total assets(5)   0.05 %     0.16 %     0.10 %     0.11 %     0.03 %
    Net charge-offs (recoveries of) to average loans (2)   0.14 %     0.00 %     (0.00 )%     (0.00 )%     (0.00 )%
    Net charge-offs (recovery) of credit losses $ 702     $ 2     $ (11 )   $ (6 )   $ (2 )
    Interest rates and yields:(2)                            
    Loans held for investment   6.23 %     6.17 %     6.25 %     6.32 %     6.16 %
    Investment securities   3.06 %     2.81 %     2.63 %     2.61 %     2.80 %
    Total interest-earning assets   5.64 %     5.51 %     5.57 %     5.61 %     5.54 %
    Deposits(6)   2.46 %     2.49 %     2.48 %     2.66 %     2.64 %
    FHLB advances and other borrowings   3.72 %     3.71 %     3.81 %     4.05 %     4.03 %
    Total interest-bearing liabilities   3.32 %     3.37 %     3.47 %     3.79 %     3.76 %
    Other information:                            
    Full-time equivalent employees   203       201       199       198       197  
                                 
    (1) Loan amounts include deferred fees/costs.
    (2) Annualized.
    (3) Efficiency ratio is defined as total non-interest expense divided by sum of net interest income and total non-interest income.
    (4) Loan amounts exclude deferred fees/costs.
    (5) The amounts for total non-performing loans and total non-performing assets are the same at the dates presented since there was no other real estate owned (OREO) recorded at any of the dates presented.
    (6) Reflects effect of non-interest-bearing deposits.
     
    USCB FINANCIAL HOLDINGS, INC.
    NET INTEREST MARGIN (UNAUDITED)
    (Dollars in thousands)
                                   
      Three Months Ended June 30,
      2025   2024
      Average
    Balance
      Interest   Yield/Rate (1)   Average
    Balance
      Interest   Yield/Rate (1)
    Assets                              
    Interest-earning assets:                              
    Loans held for investment(2) $ 2,057,445   $ 31,946   6.23 %   $ 1,828,487   $ 28,017   6.16 %
    Investment securities (3)   449,624     3,432   3.06 %     440,559     3,069   2.80 %
    Other interest-earning assets   63,974     776   4.87 %     100,371     1,531   6.13 %
    Total interest-earning assets   2,571,043     36,154   5.64 %     2,369,417     32,617   5.54 %
    Non-interest-earning assets   106,155                 109,805            
    Total assets $ 2,677,198             $ 2,479,222          
    Liabilities and stockholders’ equity                                    
    Interest-bearing liabilities:                              
    Interest-bearing checking deposits $ 46,694     285   2.45 %   $ 56,369     391   2.79 %
    Saving and money market deposits   1,211,513     9,410   3.12 %     1,101,272     10,071   3.68 %
    Time deposits   452,361     4,343   3.85 %     315,872     3,222   4.10 %
    Total interest-bearing deposits   1,710,568     14,038   3.29 %     1,473,513     13,684   3.74 %
    FHLB advances and other borrowings   116,527     1,082   3.72 %     162,000     1,622   4.03 %
    Total interest-bearing liabilities   1,827,095     15,120   3.32 %     1,635,513     15,306   3.76 %
    Non-interest-bearing demand deposits   580,121                 610,370             
    Other non-interest-bearing liabilities   41,490               35,584          
    Total liabilities   2,448,706                 2,281,467            
    Stockholders’ equity   228,492               197,755          
    Total liabilities and stockholders’ equity $ 2,677,198               $ 2,479,222            
    Net interest income       $ 21,034             $ 17,311    
    Net interest spread (4)             2.32 %               1.78 %
    Net interest margin (5)             3.28 %               2.94 %
                                   
    (1) Annualized.
    (2) Average loan balances include non-accrual loans. Interest income on loans includes accretion of deferred loan fees, net of deferred loan costs.
    (3) At fair value except for securities held to maturity. This amount includes FHLB stock.
    (4) Net interest spread is the average yield earned on total interest-earning assets minus the average rate paid on total interest-bearing liabilities.
    (5) Net interest margin is the ratio of net interest income to total interest-earning assets.
     
    USCB FINANCIAL HOLDINGS, INC.
    NON-GAAP FINANCIAL MEASURES (UNAUDITED)
    (Dollars in thousands)
                                 
      As of or For the Three Months Ended
      6/30/2025   3/31/2025   12/31/2024   9/30/2024   6/30/2024
    Pre-tax pre-provision (“PTPP”) income:(1)                            
    Net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,209  
    Plus: Provision for income taxes   2,599       2,440       2,197       2,213       1,967  
    Plus: Provision for credit losses   1,031       681       1,030       931       786  
    PTPP income $ 11,770     $ 10,779     $ 10,131     $ 10,093     $ 8,962  
                                 
    PTPP return on average assets:(1)                                 
    PTPP income $ 11,770     $ 10,779     $ 10,131     $ 10,093     $ 8,962  
    Average assets $ 2,677,198     $ 2,606,593     $ 2,544,592     $ 2,485,434     $ 2,479,222  
    PTPP return on average assets (2)   1.76 %     1.68 %     1.58 %     1.62 %     1.45 %
                                      
    Operating net income:(1)                            
    Net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,209  
    Less: Net gains on sale of securities                           14  
    Less: Tax effect on sale of securities                           (4 )
    Operating net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,199  
                                      
    Operating PTPP income:(1)                            
    PTPP income $ 11,770     $ 10,779     $ 10,131     $ 10,093     $ 8,962  
    Less: Net gains on sale of securities                           14  
    Operating PTPP income $ 11,770     $ 10,779     $ 10,131     $ 10,093     $ 8,948  
                                 
    Operating PTPP return on average assets:(1)                                 
    Operating PTPP income $ 11,770     $ 10,779     $ 10,131     $ 10,093     $ 8,948  
    Average assets $ 2,677,198     $ 2,606,593     $ 2,544,592     $ 2,485,434     $ 2,479,222  
    Operating PTPP return on average assets (2)   1.76 %     1.68 %     1.58 %     1.62 %     1.45 %
                                      
    Operating return on average assets:(1)                            
    Operating net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,199  
    Average assets $ 2,677,198     $ 2,606,593     $ 2,544,592     $ 2,485,434     $ 2,479,222  
    Operating return on average assets (2)   1.22 %     1.19 %     1.08 %     1.11 %     1.01 %
                                 
    Operating return on average equity:(1)                            
    Operating net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,199  
    Average equity $ 228,492     $ 219,505     $ 215,715     $ 206,641     $ 197,755  
    Operating return on average equity (2)   14.29 %     14.15 %     12.73 %     13.38 %     12.61 %
                                 
    Operating Revenue:(1)                            
    Net interest income $ 21,034     $ 19,115     $ 19,358     $ 18,109     $ 17,311  
    Non-interest income   3,370       3,716       3,627       3,438       3,211  
    Less: Net gains on sale of securities                           14  
    Operating revenue $ 24,404     $ 22,831     $ 22,985     $ 21,547     $ 20,508  
                                 
    Operating Efficiency Ratio:(1)                            
    Total non-interest expense $ 12,634     $ 12,052     $ 12,854     $ 11,454     $ 11,560  
    Operating revenue $ 24,404     $ 22,831     $ 22,985     $ 21,547     $ 20,508  
    Operating efficiency ratio   51.77 %     52.79 %     55.92 %     53.16 %     56.37 %
                                 
    (1) The Company believes these non-GAAP measurements are key indicators of the ongoing earnings power of the Company.
    (2) Annualized.
     
    USCB FINANCIAL HOLDINGS, INC.
    NON-GAAP FINANCIAL MEASURES (UNAUDITED)
    (Dollars in thousands, except per share data)
                                 
      As of or For the Three Months Ended
      6/30/2025   3/31/2025   12/31/2024   9/30/2024   6/30/2024
    Tangible book value per common share (at period-end):(1)                            
    Total stockholders’ equity $ 231,583     $ 225,088     $ 215,388     $ 213,916     $ 201,020  
    Less: Intangible assets                            
    Tangible stockholders’ equity $ 231,583     $ 225,088     $ 215,388     $ 213,916     $ 201,020  
    Total shares issued and outstanding (at period-end):                            
    Total common shares issued and outstanding   20,078,385       20,048,385       19,924,632       19,620,632       19,630,632  
    Tangible book value per common share(2) $ 11.53     $ 11.23     $ 10.81     $ 10.90     $ 10.24  
                                 
    Operating diluted net income per common share:(1)                            
    Operating net income $ 8,140     $ 7,658     $ 6,904     $ 6,949     $ 6,199  
    Total weighted average diluted shares of common stock   20,295,794       20,319,535       20,183,731       19,825,211       19,717,167  
    Operating diluted net income per common share: $ 0.40     $ 0.38     $ 0.34     $ 0.35     $ 0.31  
                                 
    Tangible Common Equity/Tangible Assets(1)                            
    Tangible stockholders’ equity $ 231,583     $ 225,088     $ 215,388     $ 213,916     $ 201,020  
    Tangible total assets(3) $ 2,719,474     $ 2,677,382     $ 2,581,216     $ 2,503,954     $ 2,458,270  
    Tangible Common Equity/Tangible Assets   8.52 %     8.41 %     8.34 %     8.54 %     8.18 %
                                 
    (1) The Company believes these non-GAAP measurements are key indicators of the ongoing earnings power of the Company.
    (2) Excludes the dilutive effect, if any, of shares of common stock issuable upon exercise of outstanding stock options.
    (3) Since the Company has no intangible assets, tangible total assets is the same amount as total assets calculated under GAAP.

    The MIL Network

  • MIL-OSI: Montauk Renewables Schedules Second Quarter 2025 Conference Call for Thursday, August 7, 2025, at 8:30 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    PITTSBURGH, July 24, 2025 (GLOBE NEWSWIRE) — Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, August 7, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2025. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast.

    Second Quarter 2025 Conference Call and Webcast Details

    Date:     Thursday, August 7, 2025
    Time:   8:30 a.m. ET
    Participant Access:   [Link Here]
       

    Please register for the conference call and webcast using the above link in advance of the call start time. The webcast platform will register your name and organization as well as provide dial-in numbers and a unique access pin. Please contact Gateway Group at (949) 574-3860 if you experience technical difficulties.

    The conference call and webcast will have a live Q&A session and be available here and on the Company’s website at https://ir.montaukrenewables.com.

    A replay of the conference call and webcast will be available after 11:30 a.m. Eastern time on the same day through August 7, 2026.

    About Montauk Renewables, Inc.

    Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid (“Renewable Electricity”). The Company, headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has operations at 13 projects and ongoing development projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, and Texas. The Company sells RNG and Renewable Electricity, taking advantage of Environmental Attribute premiums available under federal and state policies that incentivize their use. For more information, visit https://ir.montaukrenewables.com.

    Company Contact:

    John Ciroli
    Chief Legal Officer (CLO) & Secretary
    investors@montaukenergy.com
    (412) 747-8700

    Investor Relations Contact:

    Georg Venturatos
    Gateway Group
    MNTK@Gateway-grp.com
    (949) 574-3860

    The MIL Network

  • MIL-OSI: Montauk Renewables Schedules Second Quarter 2025 Conference Call for Thursday, August 7, 2025, at 8:30 a.m. ET

    Source: GlobeNewswire (MIL-OSI)

    PITTSBURGH, July 24, 2025 (GLOBE NEWSWIRE) — Montauk Renewables, Inc. (“Montauk” or “the Company”) (NASDAQ: MNTK), a renewable energy company specializing in the management, recovery and conversion of biogas into renewable natural gas (“RNG”), will host a conference call and webcast on Thursday, August 7, 2025, at 8:30 a.m. Eastern time to discuss its financial results for the second quarter ended June 30, 2025. The Company will issue a press release reporting the financial results after the close of regular stock market trading hours on the day prior to the conference call and webcast.

    Second Quarter 2025 Conference Call and Webcast Details

    Date:     Thursday, August 7, 2025
    Time:   8:30 a.m. ET
    Participant Access:   [Link Here]
       

    Please register for the conference call and webcast using the above link in advance of the call start time. The webcast platform will register your name and organization as well as provide dial-in numbers and a unique access pin. Please contact Gateway Group at (949) 574-3860 if you experience technical difficulties.

    The conference call and webcast will have a live Q&A session and be available here and on the Company’s website at https://ir.montaukrenewables.com.

    A replay of the conference call and webcast will be available after 11:30 a.m. Eastern time on the same day through August 7, 2026.

    About Montauk Renewables, Inc.

    Montauk Renewables, Inc. (NASDAQ: MNTK) is a renewable energy company specializing in the management, recovery and conversion of biogas into RNG. The Company captures methane, preventing it from being released into the atmosphere, and converts it into either RNG or electrical power for the electrical grid (“Renewable Electricity”). The Company, headquartered in Pittsburgh, Pennsylvania, has more than 30 years of experience in the development, operation and management of landfill methane-fueled renewable energy projects. The Company has operations at 13 projects and ongoing development projects located in California, Idaho, Ohio, Oklahoma, Pennsylvania, North Carolina, and Texas. The Company sells RNG and Renewable Electricity, taking advantage of Environmental Attribute premiums available under federal and state policies that incentivize their use. For more information, visit https://ir.montaukrenewables.com.

    Company Contact:

    John Ciroli
    Chief Legal Officer (CLO) & Secretary
    investors@montaukenergy.com
    (412) 747-8700

    Investor Relations Contact:

    Georg Venturatos
    Gateway Group
    MNTK@Gateway-grp.com
    (949) 574-3860

    The MIL Network

  • MIL-OSI: Cenovus to hold second-quarter 2025 conference call and webcast on July 31

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, July 24, 2025 (GLOBE NEWSWIRE) — Cenovus Energy Inc. (TSX:CVE) (NYSE:CVE) will release its second-quarter 2025 results on Thursday, July 31, 2025. The news release will provide consolidated second-quarter operating and financial information. The company’s financial statements will be available on Cenovus’s website, cenovus.com.

    Second-quarter 2025 conference call: 9 a.m. MT (11 a.m. ET)

    For analysts wanting to join the call, please register in advance.

    To participate, you must complete the online registration form in advance of the conference call start time. Register ahead of time to receive a unique PIN to access the conference call via telephone. Once registered, participants can dial into the conference call from their telephone via the unique PIN or click on the “Call Me” option to receive an automated call directly on their telephone.

    To listen to the conference call online, a live audio webcast will also be available and archived for approximately 30 days.

    Cenovus Energy Inc.

    Cenovus Energy Inc. is an integrated energy company with oil and natural gas production operations in Canada and the Asia Pacific region, and upgrading, refining and marketing operations in Canada and the United States. The company is committed to maximizing value by developing its assets in a safe, responsible and cost-efficient manner, integrating environmental, social and governance considerations into its business plans. Cenovus common shares and warrants are listed on the Toronto and New York stock exchanges, and the company’s preferred shares are listed on the Toronto Stock Exchange. For more information, visit cenovus.com.

    Find Cenovus on Facebook, LinkedIn, YouTube and Instagram.

    Cenovus contacts:

    Investors Media
    Investor Relations general line
    403-766-7711
    Media Relations general line
    403-766-7751

    The MIL Network

  • MIL-OSI: Meriwest Credit Union Launches Zelle® for Fast, Secure, and Convenient Money Transfers

    Source: GlobeNewswire (MIL-OSI)

    SILICON VALLEY, Calif., July 24, 2025 (GLOBE NEWSWIRE) — Meriwest Credit Union is excited to announce the addition of Zelle® to its suite of digital banking services, enabling members to send and receive money quickly and securely. Zelle is now available through Meriwest’s mobile banking app, allowing members to transfer funds to friends, family, or trusted contacts in minutes, directly from their Meriwest accounts to almost any U.S. bank account.

    Zelle offers a seamless way to split bills, pay rent, or send gifts, with no fees for standard transactions. Members can enroll using their email address or U.S. mobile phone number and start sending money to anyone with a U.S. bank account enrolled with Zelle. The service is designed for convenience, with most transactions completed within minutes when both parties are enrolled, and is backed by strong security measures to protect members’ financial information.

    “Listening to our members’ needs is at the heart of what we do,” said Lisa Pesta, President and CEO of Meriwest Credit Union. “The introduction of Zelle reflects our commitment to providing innovative, member-focused solutions that make managing money easier and more convenient. We’re excited to offer this fast and secure way to move money, enhancing the banking experience for our community.”

    To use Zelle, members can log into Meriwest’s mobile app, navigate to the “Send Money with Zelle®” option, and enroll with their preferred email address or U.S. mobile number. Members are encouraged to only send money to trusted individuals, as Zelle transactions are instant and typically irreversible. For detailed instructions or to learn more, visit www.meriwest.com/zelle or contact Meriwest’s member service team at (877) MERIWEST (637-4937).

    Zelle® and the Zelle® related marks are wholly owned by Early Warning Services, LLC and are used herein under license. To send or receive money with Zelle®, both parties must have an eligible checking or savings account.

    About Meriwest Credit Union
    Founded in San Jose, California in 1961, Meriwest Credit Union, ($2.1B in assets) is one of Silicon Valley’s most established financial institutions. Dedicated to delivering advice-based, personal, convenient, and innovative financial services to over 80,000 families and businesses throughout the San Francisco Bay Area and Pima County, Arizona, Meriwest offers a wide array of personal banking, business services, and wealth advisory services. Meriwest has been voted one of the ‘Best Credit Unions in Silicon Valley’ in the Mercury News’ Annual ‘Readers’ Choice Awards’ and a “Best Place to Work” by the Silicon Valley Business Journal 2020 through 2024. More information can be found at www.meriwest.com.

    About Zelle®
    Zelle® is transforming how money moves, with more than five billion digital payments sent since its launch in 2017. The Zelle® network connects over 2,200 banks and credit unions of all sizes, enabling consumers and businesses to send digital payments to people and businesses they know and trust with an eligible bank account in the U.S. Money is available directly in bank accounts generally within minutes when the recipient is already enrolled with Zelle®. To learn more about Zelle® and participating financial institutions in the Zelle® network, visit www.zellepay.com.

    Media Contact:
    Jeffrey Zane
    Meriwest Credit Union
    Public Relations
    408-612-1484
    jzane@meriwest.com

    The MIL Network

  • MIL-OSI Security: Security News: Arizona Woman Sentenced for $17M Information Technology Worker Fraud Scheme that Generated Revenue for North Korea

    Source: United States Department of Justice

    An Arizona woman was sentenced today to 102 months in prison for her role in a fraudulent scheme that assisted North Korean Information Technology (IT) workers posing as U.S. citizens and residents with obtaining remote IT positions at more than 300 U.S. companies. The scheme generated more than $17 million in illicit revenue for Chapman and for the Democratic People’s Republic of Korea (DPRK or North Korea).

    Christina Marie Chapman, 50, of Litchfield Park, Arizona, pleaded guilty on Feb. 11 in the District of Columbia to conspiracy to commit wire fraud, aggravated identity theft, and conspiracy to launder monetary instruments. In addition to the 102-month prison term, U.S. District Court Judge Randolph D. Moss ordered Chapman to serve three years of supervised release, to forfeit $284,555.92 that was to be paid to the North Koreans, and to pay a judgment of $176,850.

    “Christina Chapman perpetrated a years’ long scheme that resulted in millions of dollars raised for the DPRK regime, exploited more than 300 American companies and government agencies, and stole dozens of identities of American citizens,” said Acting Assistant Attorney General Matthew R. Galeotti of the Justice Department’s Criminal Division. “Chapman made the wrong calculation: short term personal gains that inflict harm on our citizens and support a foreign adversary will have severe long term consequences.  I encourage companies to remain vigilant of these cyber threats, and warn individuals who may be tempted by similar schemes to take heed of today’s sentence.”

    “North Korea is not just a threat to the homeland from afar. It is an enemy within. It is perpetrating fraud on American citizens, American companies, and American banks. It is a threat to Main Street in every sense of the word,” said U.S. Attorney Jeanine Ferris Pirro for the District of Columbia. “The call is coming from inside the house. If this happened to these big banks, to these Fortune 500, brand name, quintessential American companies, it can or is happening at your company. Corporations failing to verify virtual employees pose a security risk for all. You are the first line of defense against the North Korean threat.”

    “The North Korean regime has generated millions of dollars for its nuclear weapons program by victimizing American citizens, businesses, and financial institutions,” said Assistant Director Rozhavsky of the FBI’s Counterintelligence Division. “However, even an adversary as sophisticated as the North Korean government can’t succeed without the assistance of willing U.S. citizens like Christina Chapman, who was sentenced today for her role in an elaborate scheme to defraud more than 300 American companies by helping North Korean IT workers gain virtual employment and launder the money they earned. Today’s sentencing demonstrates that the FBI will work tirelessly with our partners to defend the homeland and hold those accountable who aid our adversaries.”

    “The sentencing today demonstrates the great lengths to which the North Korean government will go in its efforts and resources to fund its illicit activities. The FBI continues to pursue these threat actors to disrupt their network and hold those accountable wherever they may be,” said Special Agent in Charge Heith Janke of the FBI Phoenix Field Office.

    “Today’s sentencing brings justice to the victims whose identities were stolen for this international fraud scheme,” said Special Agent in Charge Carissa Messick of the IRS Criminal Investigation (IRS-CI) Phoenix Field Office. “The scheme was elaborate. If this sentencing proves anything, it’s that no amount of obfuscation will prevent IRS-CI and our law enforcement partners from tracking down those that wish to steal the identities of U.S. nationals, launder money, or engage in criminality that jeopardizes national security.”

    The case involved one of the largest North Korean IT worker fraud schemes charged by the Department of Justice, with 68 identities stolen from victims in the United States and 309 U.S. businesses and two international businesses defrauded.

    According to court documents, North Korea has deployed thousands of highly skilled IT workers around the world, including to the United States, to obtain remote employment using false, stolen, or borrowed identities of U.S. persons. To circumvent controls employed by U.S. companies to prevent the hiring of illicit overseas IT workers, the North Korean IT workers obtain assistance from U.S.-based collaborators.

    Chapman helped North Korean IT workers obtain jobs at 309 U.S. companies, including Fortune 500 corporations. The impacted companies included a top-five major television network, a Silicon Valley technology company, an aerospace manufacturer, an American car maker, a luxury retail store, and a U.S media and entertainment company. Some of the companies were targeted by the IT workers, who maintained a repository of postings for companies that they wanted to employ them. The IT workers also attempted to obtain employment at two different U.S. government agencies, although these efforts were generally unsuccessful.

    Chapman operated a “laptop farm” where she received and hosted computers from the U.S. companies at her home, deceiving the companies into believing that the work was being performed in the United States. Chapman also shipped 49 laptops and other devices supplied by U.S. companies to locations overseas, including multiple shipments to a city in China on the border with North Korea. More than 90 laptops were seized from Chapman’s home following the execution of a search warrant in October 2023.

    Christina Chapman organized and stored U.S. company laptops in her home, and included notes identifying the U.S. company and identity associated with each laptop.

    Much of the millions of dollars in income generated by the scheme was falsely reported to the IRS and Social Security Administration in the names of actual U.S. individuals whose identities had been stolen or borrowed. Additionally, Chapman received and forged payroll checks in the names of the stolen identities used by the IT workers and received IT workers’ wages through direct deposit from U.S. companies into her U.S. financial accounts. Chapman further transferred the proceeds from the scheme to individuals overseas.

    This case was investigated by the FBI Phoenix Field Office, and the IRS-CI Phoenix Field Office. Assistance was provided by the FBI Chicago Field Office.

    Trial Attorney Ashley R. Pungello of the Criminal Division’s Computer Crime and Intellectual Property Section and Assistant U.S. Attorney Karen P. Seifert for the District of Columbia prosecuted the case, with assistance from Paralegal Specialist Jorge Casillas. Assistant U.S. Attorney Joshua Rothstein for the District of Columbia, the Victim Witness Unit, the U.S. Attorney’s Office for the District of Arizona, and the National Security Division’s National Security Cyber Section also provided assistance.

    ***

    In a coordinated effort, FBI Phoenix also issued guidance for HR professionals on detecting North Korean IT workers, and the Department of State issued guidance on the North Korean IT worker threat.

    Prior guidance was issued by the FBI, State Department, and the Department of the Treasury on this threat in a May 2022 advisory, and by the United States and the Republic of Korea (South Korea) in October 2023. The FBI issued updated guidance in May 2024 regarding the use of U.S. persons acting as facilitators by providing a U.S.-based location for U.S. companies to send devices and a U.S.-based internet connection for access to U.S. company networks and in January 2025 concerning the extortion and theft of sensitive company data by North Korean IT workers, along with recommended mitigations.

    MIL Security OSI

  • MIL-OSI: MoonBull Launches Presale Whitelist as Community Interest Surges — Turbo Sees Volume Dip, Coq Inu Rallies

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 24, 2025 (GLOBE NEWSWIRE) — MoonBull, a meme coin built on Ethereum, has officially launched its presale whitelist, marking a key milestone ahead of its Stage One offering. With strong early interest from the crypto community, the MoonBull whitelist is now open for participants seeking early access to the project’s token allocation and exclusive rewards.

    At the same time, trading activity around established meme coins like Turbo (TURBO) and Coq Inu (COQ) is also drawing attention — with Turbo facing a downturn in volume while Coq Inu posts weekly gains despite daily volatility.

    MoonBull Launches Whitelist for Early Supporters Ahead of Stage One

    MoonBull ($MOBU) has opened its whitelist registration as part of preparations for its upcoming token presale. The project, built for meme coin enthusiasts and Ethereum-native traders, has attracted early interest due to its limited whitelist capacity and built-in reward structure.

    According to MoonBull, users who join the whitelist gain early access to Stage One of the presale along with incentives such as entry at initial pricing tiers, eligibility for staking rewards, bonus token allocations, and private roadmap disclosures.

    The registration process involves submitting an email address via the official MoonBull website. Whitelisted users will be notified in advance of the presale launch date and time, giving them preferred access ahead of the public offering.

    “This launch is about building a committed early community,” said a representative from the MoonBull team. “We’ve created a reward structure that prioritizes our earliest supporters while maintaining transparency around tokenomics and project goals.”

    Turbo Faces Headwinds as Trading Volume Declines

    Turbo (TURBO), an ERC-20 token created by digital artist Rhett Mankind in 2023, has experienced a recent drop in trading activity. Priced at $0.004846 at the time of writing, Turbo is down 11.15% over the last 24 hours and 14.16% over the week. Its trading volume has also declined by more than 11%, signaling a cautious market stance.

    Despite this, Turbo continues to emphasize its community-first vision and open governance model. Market participants remain alert to whether trading volume will rebound amid broader market shifts.

    Coq Inu Sees Weekly Gains Despite Daily Dip

    Coq Inu (COQ), a meme token on the Avalanche blockchain, is trading at $0.0000006603 with a 12.41% drop over the past 24 hours. Still, the coin has gained 10.01% over the past week. This performance, amid a 14.37% drop in trading volume, underscores the coin’s continued appeal among its social media-driven community.

    Known for its humorous branding and active online presence, Coq Inu continues to grow as a cultural meme asset rather than a tech-first blockchain project.

    About MoonBull

    MoonBull is a new meme coin project built on the Ethereum network, designed to engage degen traders and meme culture fans through community-first incentives, limited early access programs, and on-chain transparency. The MoonBull presale is divided into multiple stages, with the whitelist phase now underway.

    For More Information
    Website: https://www.moonbull.io/
    Telegram: https://t.me/MoonBullCoin
    Twitter: https://x.com/MoonBullX

    Contact:
    Ayra
    support@moonbull.io

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

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

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/6e85fb7e-adb8-41d0-9a0c-7e0fd968c71f

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9655f014-bf3b-412c-8e74-cc4d058dbef0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/b2eeeacc-4912-47d8-a045-95f6abc5027e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/65e8956c-e820-4f7c-9523-95d460fd96bb

    The MIL Network

  • MIL-OSI Asia-Pac: President Lai meets Somaliland Foreign Minister Abdirahman Dahir Adam  

    Source: Republic of China Taiwan

    Details
    2025-07-22
    President Lai meets cross-party Irish Oireachtas delegation
    On the morning of July 22, President Lai Ching-te met with a cross-party delegation from the Oireachtas (parliament) of Ireland. In remarks, President Lai stated that Taiwan and Ireland are both guardians of the values of freedom and democracy. He indicated that Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community, saying that we look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. A translation of President Lai’s remarks follows: Deputy Speaker John McGuinness is a dear friend of Taiwan who also chairs the Ireland-Taiwan Parliamentary Friendship Association. Thanks to his efforts over the years, support for Taiwan has grown stronger in the Oireachtas. I thank him and all of our guests for traveling such a long way to demonstrate support for Taiwan and open more doors for exchanges and cooperation. Europe is Taiwan’s third largest trading partner and largest source of foreign investment. Ireland is a European stronghold for technology and innovative industries. Just like Taiwan, Ireland is an export-oriented economy. Our industrial structures are highly complementary. We hope that Taiwan’s electronics manufacturing and machinery industries can explore deeper cooperation with Ireland’s ICT software and biopharmaceutical fields, creating win-win outcomes. In May, the Irish government launched its National Semiconductor Strategy, outlining a vision to become a global semiconductor hub. Taiwan is home to the world’s most critical semiconductor ecosystem, and our own industrial development closely parallels that of Ireland. Moreover, we aspire to build non-red technological supply chains with democratic partners. I believe that going forward, Taiwan and Ireland can bolster collaboration so as to upgrade the competitiveness of our respective semiconductor industries. Together, we can help build a values-based economic system for democracies. I was delighted to receive congratulations from Deputy Speaker McGuinness on my election. Taiwan and Ireland are both guardians of the values of freedom and democracy. This visit from our guests further attests to our common beliefs. As authoritarianism continues to expand, Taiwan will continue to take action and show the world that it is a trustworthy democratic partner that can contribute to the international community. We look forward to building an even closer partnership with Ireland as we work together for the well-being of our peoples and for global democracy, peace, and prosperity. Deputy Speaker McGuinness then delivered remarks, stating that he has been to Taiwan on many occasions and that it is a great honor to join President Lai and his staff at the Presidential Office. He said that Ireland has continued to build its strong relationship with Taiwan based on our democratic values and the interests that we have in trade throughout the world, strengthening this relationship based on culture, education, and more. Noting that he served with many other diplomats from Taiwan, he said all had the same goal, which was to further the interests of the Ireland-Taiwan friendship and to ensure that it grows and prospers. The deputy speaker then extended to President Lai the delegation’s best wishes for his term in office, stating that they commit to the same values as the previous friendship groups that have been visiting Taiwan. He went on to say that some members of the group are newly elected, representing the next generation of the association, and that they are committed to working together with Taiwan to stand strong in the defense of democracy. Deputy Speaker McGuinness also noted that the father of Deputy Ken O’Flynn, one of the delegation members, played an important role as a former chairman of the association, remarking that it is good to see such continuity taking place. Deputy Speaker McGuiness said that he believes the world is facing huge challenges and uncertainty in terms of our markets and trade with one another. He said we have to watch for what the United States will do next and be conscious of what China is doing, emphasizing that the European Union stands strong in the center of this, while Ireland plays a huge role in the context of democracy, trade, and the betterment of all things for the citizens that they represent. The deputy speaker then stated that while we focus on the development of AI that is extremely important for all of us, we can work together to ensure that we control AI rather than AI controlling us. He also remarked that we cannot lose sight of our traditional trading means, saying that we have to keep all of our trade together, expand on that trade, and then take on the new technologies that come before us. Deputy Speaker McGuinness concluded his remarks by thanking President Lai for receiving the delegation, stating that they commit to their continuation of support for Taiwan and for democracy. Also in attendance were Deputies Malcolm Byrne and Barry Ward, and Senator Teresa Costello.

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    2025-07-22
    President Lai meets official delegation from European Parliament’s Special Committee on the European Democracy Shield
    On the morning of July 22, President Lai Ching-te met with an official delegation from the European Parliament’s Special Committee on the European Democracy Shield (EUDS). In remarks, President Lai thanked the committee for choosing to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe. President Lai emphasized that Taiwan, standing at the very frontline of the democratic world, is determined to protect democracy, peace, and prosperity worldwide. He expressed hope that we can share our experiences with Europe to foster even more resilient societies. A translation of President Lai’s remarks follows: Firstly, on behalf of the people of Taiwan, I extend a warm welcome to your delegation, which marks another official visit from the European Parliament. The Special Committee on the EUDS aims to strengthen societal resilience and counter disinformation and hybrid threats. Having been constituted at the beginning of this year, the committee has chosen to visit Taiwan for its first trip to Asia, demonstrating the close ties between Taiwan and Europe and the unlimited possibilities for deepening cooperation on issues of concern. I am also delighted to see many old friends of Taiwan gathered here today. I deeply appreciate your longstanding support for Taiwan. Taiwan and the European Union enjoy close trade and economic relations and share the values of freedom and democracy. However, in recent years, we have both been subjected to information manipulation and infiltration by foreign forces that seek to interfere in democratic elections, foment division in our societies, and shake people’s faith in democracy. Taiwan not only faces an onslaught of disinformation, but also is the target of gray-zone aggression. That is why, after taking office, I established the Whole-of-Society Defense Resilience Committee at the Presidential Office, with myself as convener. The committee is a platform that integrates domestic affairs, national defense, foreign affairs, cybersecurity, and civil resources. It aims to strengthen the capability of Taiwan’s society to defend itself against new forms of threat, pinpoint external and internal vulnerabilities, and bolster overall resilience and security. The efforts that democracies make are not for opposing anyone else; they are for safeguarding the way of life that we cherish – just as Europe has endeavored to promote diversity and human rights. The Taiwanese people firmly believe that when our society is united and people trust one another, we will be able to withstand any form of authoritarian aggression. Taiwan stands at the very frontline of the democratic world. We are determined to protect democracy, peace, and prosperity worldwide. We also hope to share our experiences with Europe and deepen cooperation in such fields as cybersecurity, media literacy, and societal resilience. Thank you once again for visiting Taiwan. Your presence further strengthens the foundations of Taiwan-Europe relations. Let us continue to work together to uphold freedom and democracy and foster even more resilient societies. EUDS Special Committee Chair Nathalie Loiseau then delivered remarks, saying that the delegation has members from different countries, including France, Germany, the Czech Republic, Poland, and Belgium, and different political parties, but that they have in common their desire for stronger relations between the EU and Taiwan. Committee Chair Loiseau stated that the EU and Taiwan, having many things in common, should work more together. She noted that we have strong trade relations, strong investments on both sides, and strong cultural relations, while we are also facing very similar challenges and threats. She said that we are democracies living in a world where autocracies want to weaken and divide democracies. She added that we also face external information manipulation, cyberattacks, sabotage, attempts to capture elites, and every single gray-zone activity that aims to divide and weaken us. Committee Chair Loiseau pointed out another commonality, that we have never threatened our neighbors. She said that we want to live in peace and we care about our people; we want to defend ourselves, not to attack others. We are not being threatened because of what we do, she emphasized, but because of what we are; and thus there is no reason for not working more together to face these threats and attacks. Committee Chair Loiseau said that Taiwan has valuable experience and good practices in the area of societal resilience, and that they are interested in learning more about Taiwan’s whole-of-society approach. They in Europe are facing interference, she said, mainly from Russia, and they know that Russia inspires others. She added that they in the EU also have experience regulating social media in a way which combines freedom of expression and responsibility. In closing, the chair said that they are happy to have the opportunity to exchange views with President Lai and that the European Parliament will continue to strongly support relations between the EU and Taiwan. The delegation also included Members of the European Parliament Engin Eroglu, Tomáš Zdechovský, Michał Wawrykiewicz, Kathleen Van Brempt, and Markéta Gregorová.

    Details
    2025-07-17
    President Lai meets President of Guatemalan Congress Nery Abilio Ramos y Ramos  
    On the morning of July 17, President Lai Ching-te met with a delegation led by Nery Abilio Ramos y Ramos, the president of the Congress of the Republic of Guatemala. In remarks, President Lai thanked Congress President Ramos and the Guatemalan Congress for their support for Taiwan, and noted that official diplomatic relations between Taiwan and Guatemala go back more than 90 years. As important partners in the global democratic community, the president said, the two nations will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. A translation of President Lai’s remarks follows:  I recall that when Congress President Ramos visited Taiwan in July last year, he put forward many ideas about how our countries could promote bilateral cooperation and exchanges. Now, a year later, he is leading another cross-party delegation from the Guatemalan Congress on a visit, demonstrating support for Taiwan and continuing to help deepen our diplomatic ties. In addition to extending a sincere welcome to the distinguished delegation members who have traveled so far to be here, I would also like to express our concern and condolences for everyone in Guatemala affected by the earthquake that struck earlier this month. We hope that the recovery effort is going smoothly. Official diplomatic relations between Taiwan and Guatemala go back more than 90 years. In such fields as healthcare, agriculture, education, and women’s empowerment, we have continually strengthened our cooperation to benefit our peoples. Just last month, Guatemala’s President Bernardo Arévalo and the First Lady led a delegation on a state visit to Taiwan. President Arévalo and I signed a letter of intent for semiconductor cooperation, and also witnessed the signing of cooperation documents to establish a political consultation mechanism and continue to promote bilateral investment. This has laid an even sounder foundation for bilateral exchanges and cooperation, and will help enhance both countries’ international competitiveness. Taiwan is currently running a semiconductor vocational training program, helping Guatemala cultivate semiconductor talent and develop its tech industry, and demonstrating our determination to share experience with democratic partners. At the same time, we continue to assist Taiwanese businesses in their efforts to develop overseas markets with Guatemala as an important base, spurring industrial development in both countries and increasing economic and trade benefits. I want to thank Congress President Ramos and the Guatemalan Congress for their continued support for Taiwan’s international participation. Representing the Guatemalan Congress, Congress President Ramos has signed resolutions in support of Taiwan, and has also issued statements addressing China’s misinterpretation of United Nations General Assembly Resolution 2758. Taiwan and Guatemala, as important partners in the global democratic community, will continue moving forward together in joint defense of the values of democracy and freedom, and will cooperate to promote regional and global prosperity and development. Congress President Ramos then delivered remarks, first noting that the members of the delegation are not only from different parties, but also represent different classes, cultures, professions, and departments, which shows that the diplomatic ties between Guatemala and the Republic of China (Taiwan) are based on firm friendships at all levels and in all fields. Noting that this was his second time to visit Taiwan and meet with President Lai, Congress President Ramos thanked the government of Taiwan for its warm hospitality. With the international situation growing more complex by the day, he said, Guatemala highly values its longstanding friendship and cooperative ties with Taiwan, and hopes that both sides can continue to deepen their cooperation in such areas as the economy, technology, education, agriculture, and culture, and work together to spur sustainable development in each of our countries. Congress President Ramos said that the way the Taiwan government looks after the well-being of its people is an excellent model for how other countries should promote national development and social well-being. Accordingly, he said, the Guatemalan Congress has stood for justice and, for a second time, adopted a resolution backing Taiwan’s participation in the World Health Assembly. Regarding President Arévalo’s state visit to Taiwan the previous month, Congress President Ramos commented that this high-level interaction has undoubtedly strengthened the diplomatic ties between Taiwan and Guatemala and led to more opportunities for cooperation. Congress President Ramos emphasized that democracy, freedom, and human rights are universal values that bind Taiwan and Guatemala together, and that he is confident the two countries’ diplomatic ties will continue to grow deeper. In closing, on behalf of the Republic of Guatemala, Congress President Ramos presented President Lai with a Chinese translation of the resolution that the Guatemalan Congress proposed to the UN in support of Taiwan’s participation in international organizations, demonstrating the staunch bonds of friendship between the two countries. The delegation was accompanied to the Presidential Office by Guatemala Ambassador Luis Raúl Estévez López.  

    Details
    2025-07-08
    President Lai meets delegation led by Foreign Minister Jean-Victor Harvel Jean-Baptiste of Republic of Haiti
    On the morning of July 8, President Lai Ching-te met with a delegation led by Minister of Foreign Affairs Jean-Victor Harvel Jean-Baptiste of the Republic of Haiti and his wife. In remarks, President Lai noted that our two countries will soon mark the 70th anniversary of diplomatic relations and that our exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. The president stated that Taiwan will continue to work together with Haiti to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. The president thanked Haiti for supporting Taiwan’s international participation and expressed hope that both countries will continue to support each other, deepen cooperation, and face various challenges together. A translation of President Lai’s remarks follows: I am delighted to meet and exchange ideas with Minister Jean-Baptiste, his wife, and our distinguished guests. Minister Jean-Baptiste is the highest-ranking official from Haiti to visit Taiwan since former President Jovenel Moïse visited in 2018, demonstrating the importance that the Haitian government attaches to our bilateral diplomatic ties. On behalf of the Republic of China (Taiwan), I extend a sincere welcome. Next year marks the 70th anniversary of the establishment of diplomatic ties between our two countries. Our bilateral exchanges have been fruitful in important areas such as public security, educational cooperation, and infrastructure. Over the past few years, Haiti has faced challenges in such areas as food supply and healthcare. Taiwan will continue to work together with Haiti through various cooperative programs to promote the development of medical and health care, food security, and construction that benefits people’s livelihoods. I want to thank the government of Haiti and Minister Jean-Baptiste for speaking out in support of Taiwan on the international stage for many years. Minister Jean-Baptiste’s personal letter to the World Health Organization Secretariat in May this year and Minister of Public Health and Population Bertrand Sinal’s public statement during the World Health Assembly both affirmed Taiwan’s efforts and contributions to global public health and supported Taiwan’s international participation, for which we are very grateful. I hope that Taiwan and Haiti will continue to support each other and deepen cooperation. I believe that Minister Jean-Baptiste’s visit will open up more opportunities for cooperation for both countries, helping Taiwan and Haiti face various challenges together. In closing, I once again offer a sincere welcome to the delegation led by Minister Jean-Baptiste, and ask him to convey greetings from Taiwan to Prime Minister Alix Didier Fils-Aimé and the members of the Transitional Presidential Council. Minister Jean-Baptiste then delivered remarks, saying that he is extremely honored to visit Taiwan and reaffirm the solid and friendly cooperative relationship based on mutual respect between the Republic of Haiti and the Republic of China (Taiwan), which will soon mark its 70th anniversary. He also brought greetings to President Lai from Haiti’s Transitional Presidential Council and Prime Minister Fils-Aimé. Minister Jean-Baptiste emphasized that over the past few decades, despite the great geographical distance and developmental and cultural differences between our two countries, we have nevertheless established a firm friendship and demonstrated to the world the progress resulting from the mutual assistance and cooperation between our peoples. Minister Jean-Baptiste pointed out that our two countries cooperate closely in agriculture, health, education, and community development and have achieved concrete results. Taiwan’s voice, he said, is thus essential for the people of Haiti. He noted that Taiwan also plays an important role in peace and innovation and actively participates in global cooperative efforts. Pointing out that the world is currently facing significant challenges and that Haiti is experiencing its most difficult period in history, Minister Jean-Baptiste said that at this time, Taiwan and Haiti need to unite, help each other, and jointly think about how to move forward and deepen bilateral relations to benefit the peoples of both countries. Minister Jean-Baptiste said that he is pleased that throughout our solid and friendly diplomatic relationship, both countries have demonstrated mutual trust, mutual respect, and the values we jointly defend. He then stated his belief that Haiti and Taiwan will together create a cooperation model and future that are sincere, friendly, and sustainable. The delegation was accompanied to the Presidential Office by Chargé d’Affaires a.i. Francilien Victorin of the Embassy of the Republic of Haiti in Taiwan.

    Details
    2025-07-01
    President Lai meets delegation from 2025 Taiwan International Ocean Forum
    On the afternoon of July 1, President Lai Ching-te met with a delegation from the 2025 Taiwan International Ocean Forum (TIOF). In remarks, President Lai noted that the people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. He expressed hope that their visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. A translation of President Lai’s remarks follows: I want to thank our guests for coming here to the Presidential Office. The 2025 TIOF will take place tomorrow and the day after, and I thank you all for making the long trip to Taiwan to attend the event and share your valuable insights and experiences. This year’s forum will focus on strategies for strengthening maritime security and pathways to achieving a sustainable blue economy. By attending this forum, our guests are highlighting their commitment to safeguarding the oceans, and beyond that, taking concrete action to demonstrate support for Taiwan. I once again offer deepest gratitude on behalf of the people of Taiwan. Taiwan holds a key position on the first island chain, is one of the world’s top 10 shipping nations, and accounts for close to 10 percent of global container shipping by volume. As such, Taiwan occupies a unique and important position in maritime strategy. For Taiwan, the ocean is more than just a basis for survival and development; it is also an important driver of national prosperity. In my inaugural address last year, I spoke of a threefold approach to further Taiwan’s development. One of these involves further developing our strengths as a maritime nation. Our government must actively help deepen our connections with the ocean, and must continue to promote green shipping, a sustainable fishing industry, marine renewable energy, and other forms of industrial transformation. It must also make use of marine technology and digital innovation to create a new paradigm that balances environmental, economic, and social inclusion concerns. This will help enhance Taiwan’s responsibilities and competitiveness as a maritime nation. Taiwan is surrounded by ocean, and our territorial waters are a natural protective barrier. However, continued gray-zone aggression from China creates serious threats and challenges to peace and stability in the Taiwan Strait. Our government continues to invest resources to deal with increasingly complex maritime security issues. In addition to building coast guard patrol vessels, we must also step up efforts to build underwater, surface, and airborne unmanned vehicles and smart reconnaissance equipment, so as to demonstrate Taiwan’s determination to defend democracy and freedom and commitment to maintaining peace and stability in the Taiwan Strait. Oceans are Taiwan’s roots, and provide the channels by which we engage with the world. The people of Taiwan will continue to work with democratic partners throughout the world in a maritime spirit of freedom and openness to contribute to ocean governance and jointly ensure maritime security. The TIOF was first launched in 2020, and has now become an important platform for enhancement of cooperation between Taiwan and other countries. I hope that our distinguished guests will reap great benefits at this year’s forum, and further hope that this visit will help forge stronger friendships between Taiwan and international maritime partners, so that all can work together to spur shared maritime prosperity and sustainable development for the next generation. Chairman of The Washington Times Thomas McDevitt, a member of the delegation, then delivered remarks, noting first that July 4th, this Friday, is Independence Day in America. Independence is a sacred, powerful word which has great meaning in this part of the world, he said. Chairman McDevitt indicated that Taiwan has truly become a global beacon of democracy and a key partner for many nations. He then quoted President Lai’s 2024 inaugural address: “We will work together to combat disinformation, strengthen democratic resilience, address challenges, and allow Taiwan to become the MVP of the democratic world.” Chairman McDevitt went on to say that he appreciated the president’s speech with regard to his philosophical depth, sensitivity, and both moral and political clarity. He said that he was deeply moved by the speech, but within a few days of it, China responded with military activities and many threats. The chairman then emphasized that we are in a civilization crisis. Chairman McDevitt mentioned that President Lai has begun a series of 10 lectures, and remarked that they would help the world to understand the identity and the nature of Taiwan, as well as the situation we are in in the world. On behalf of all the delegation, Chairman McDevitt thanked the president for his leadership in dealing with these issues thoughtfully. Chairman McDevitt concluded with a line from the Old Testament which states that if the people have no vision, they will perish. He said that he believes Taiwan’s president has led the people of Taiwan, and the world, with a vision of how to navigate this great civilization crisis together. The delegation also included Members of the Japanese House of Representatives Kikawada Hitoshi, Aoyama Yamato, and Genma Kentaro, and Member of Parliament of the United Kingdom Gavin Williamson.

    Details
    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News

  • MIL-OSI USA: SCHUMER: TARIFFS UP, TOURISM DOWN – AND UPSTATE NY IS PAYING THE PRICE; NEW DATA SHOWS CANADIAN BORDER CROSSINGS CONTINUE TO PLUMMET AS TRUMP THREATENS TO FURTHER INCREASE TARIFFS NEXT WEEK, CROSSINGS…

    US Senate News:

    Source: United States Senator for New York Charles E Schumer

    Trump Is Threatening AGAIN To Raise Tariffs On Canada Up To 35% Next Week, And New Data Shows It Is Upstate New Yorkers’ Wallets & Small Businesses Paying The Price For These Threats & Insulting Comments To Our Neighbors To The North

    Schumer Reveals New Data That Shows 376,000 Fewer Canadian Border Crossings Last Month Compared To Last Year’s Summer Tourism Season, Putting Billions For NY’s Main Streets And Local Jobs At Risk – Says We Must End This Ill-Conceived Trade War And Demands NY House Republicans Stand Up For Upstate NY

    Schumer: Trump’s Tariff War Is Cratering Upstate NY’s Summer Tourism Economy, This Must Stop 

    As Trump proposes increasing tariffs on Canadian goods up to 35% next week, with the chaos from his ill-conceived and irregularly implemented trade war continuing, U.S. Senator Chuck Schumer revealed new data showing border crossings continue to plummet at all major land ports of entry in New York. New data shows approximately 376,000 fewer travelers crossed the Upstate NY-Canada border via land in June 2025 compared to June 2024, according to CBP, a more than 21% decrease.

    “Across Upstate NY, tariffs are up and raising prices for families, and tourism is way down thanks to Trump’s impulsive, ill-conceived trade war. This new data shows how Trump’s tariffs and insults are driving our closest ally and key trading partner Canada away. Hurting Upstate NY’s summer tourism industry and leaving emptier Main Streets and stores paying the price,” said Senator Schumer. “Meanwhile, Trump is threatening to throw even more fuel on this fire, threatening to raise tariffs on Canada to a whopping 35% next week, which could burn Upstate NY’s tourism industry to the ground. From Buffalo to the Thousand Islands to Plattsburgh, and everywhere in between, Upstate NY can’t afford for Trump’s tariff chaos to continue. I am fighting back to give Upstate NY businesses the relief they need, and NY House Republicans should get off the sidelines and stand up for our Main Street shops, restaurants, and small businesses before it’s too late.”

    According to new data from CBP, Upstate NY and Canada saw approximately 1.4 million border crossings in June 2025, compared to 1.75 million during the same month in 2024, a 21.5% decrease across land (both road and bridge) crossings frequented by tourists. This follows a months-long trend since Trump took office of Canadian border crossings plummeting, meaning fewer tourists at NY’s hotels, shops, & restaurants. Nationally, border crossings have decreased from approximately 5 million to 3.9 million over the same period.

    A breakdown bridge-by-bridge from the Bridge and Tunnel Operators Association of June 2025 crossings shows just how steeply tourism is declining across all the major bridge ports of entry between Upstate NY and Canada:

    NY-Canada Bridge

    Region

    June 2024 Auto Crossings

    June 2025 Auto Crossings

    Percentage Decline

    Peace Bridge

    Western NY

    450,836

    382,448

    -15.17%

    Rainbow Bridge

    Western NY

    222,654

    165,135

    -25.83%

    Lewiston-Queenstown Bridge

    Western NY

    254,200

    238,694

    -6.10%

    Whirlpool Rapids Bridge

    Western NY

    38,378

    27,252

    -28.99%

    Ogdensburg-Prescott International Bridge

    North Country

    51,083

    37,378

    -26.83%

    Thousand Islands Bridge

    North Country

    192,476

    165,057

    -14.25%

    Seaway Bridge

    North Country

    226,409

    224,655

    -0.77%

    Since taking office in January, Trump has damaged the United States’ relationship with Canada by threatening to annex Canada and levying 25% tariffs on Canadian goods, and is now threatening even higher tariffs at 35%. Schumer said Canadians are canceling trips to the United States because of Trump’s tariff war and threats to annex Canada as the 51st state, hurting Main Street businesses that rely on a busy summer tourism season and are already slammed by higher prices.

    Trump’s tariffs are raising costs for families, with households with lower incomes hit hardest because they tend to buy more goods in industries being tariffed. According to the Budget Lab at Yale, Trump’s tariffs are expected to cost families more than $2,700 every year. Americans are already seeing higher prices; In June 2025, prices increased by 2.7% compared to the previous year. With Trump’s threats of even higher tariffs, that means even higher costs for Upstate NY families and small businesses. In addition, with the threat of costs increasing even more, many families feel pressure to make big purchases this year, when prices are lower, but they are less financially prepared, and in some cases, taking on debt to do so.

    Schumer continues to be one of the leading advocates in Congress to end this unnecessary, damaging trade war with Canada that is decimating Upstate NY’s economy, tourism, small businesses, and local jobs.

    • Earlier this year, the Senate passed a bipartisan resolution to end tariffs on Canada, and Schumer said now more than ever, this new data should be a wake-up call to House Republicans and show the urgency to take up and pass it as well.
    • Schumer and Senate Democrats have introduced legislation exempting small businesses from tariffs.
    • Schumer has co-led amicus briefs in a lawsuit challenging Trump’s authority to levy tariffs.

    Schumer said ending this costly trade war is key to protecting American families from price increases and job losses as a result of tariffs on Canada.

    MIL OSI USA News

  • MIL-OSI USA News: Headlines Underscore President Trump’s Promises Kept

    Source: US Whitehouse

    President Donald J. Trump has delivered on his promises unlike any commander-in-chief in history — and the wins keep coming, perfectly illustrated by three recent headlines:

    • Trump’s ‘No Tax on Tips’ policy could put thousands back in servers’ pockets (KXXV-TV, Waco, TX): “Servers and other tipped workers could see significant financial benefits from President Trump’s ‘No Tax on Tips’ policy, potentially saving thousands of dollars annually.”
    • Health Care Provider Puts Stop To Trans Surgeries On Kids (The Daily Wire): “Health care provider Kaiser Permanente confirmed to The Daily Wire on Wednesday that it was pausing all transgender surgeries for patients under the age of 19 in response to pressure from the Trump administration.”
    • Trump Delivers Most Secure Border in History — June Migrant Arrests Drop 15 Percent from Prior Record (Breitbart): “The Trump administration delivered on its promise to secure the U.S.-Mexico border and set new records for the lowest number of migrant encounters. The June Southwest Land Border Encounters Report from U.S. Customs and Border Protection shows yet another decrease in migrant encounters, including the lowest number of encounters in a single day.”

    MIL OSI USA News

  • MIL-OSI: Garden Stage Limited Announces $4.2 Million Registered Direct Offering

    Source: GlobeNewswire (MIL-OSI)

    HONG KONG, July 24, 2025 (GLOBE NEWSWIRE) — Garden Stage Limited (NASDAQ: GSIW) (“GSIW” or the “Company”), today announced that it has entered into a definitive agreement with several investors for the purchase and sale of an aggregate of 38,406,345 of the Company’s ordinary share, par value $0.0001 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $.11 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.

    The aggregate gross proceeds to the Company of this offering are expected to be approximately $4.2 million. The transaction is expected to close on or about July 25, 2025, subject to the satisfaction of customary closing conditions.

    Univest Securities, LLC is acting as the sole placement agent.

    The registered direct offering is being made pursuant to a shelf registration statement on Form F-3 (File No. 333-283618) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 10, 2025. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering will be filed with the SEC and will be available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, when available, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

    This press release does not constitute an offer to sell or the solicitation of an offer to buy, nor will there be any sales of such securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction. Copies of the prospectus supplement relating to the registered direct offering, together with the accompanying base prospectus will be filed by the Company and, upon filing, can be obtained at the SEC’s website at www.sec.gov.

    About Garden Stage Limited

    GSIW, through our Operating Subsidiaries, are a Hong Kong-based financial services provider principally engaged in the provision of (i) placing and underwriting services; (ii) securities dealing and brokerage services; (iii) asset management services; and (iv) investment advisory services. Our operation is carried out through our wholly-owned Operating Subsidiaries: a) I Win Securities Limited, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management Limited, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong. I Win Securities Limited is the Stock Exchange Participant and holds one Stock Exchange Trading Right. I Win Securities Limited is a participant of the HKSCC.

    Forward-Looking Statements

    Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and in its other filings with the U.S. Securities and Exchange Commission.

    For more information, please contact:

    Garden Stage Limited

    Chan Sze Ho
    Chief Executive Officer
    Email: rickychan@iwinsec.com
    Tel: (852) 2688 6333

    The MIL Network

  • MIL-OSI Analysis: Caught on the jumbotron: How literature helps us understand modern-day public shaming

    Source: The Conversation – Canada – By Jason Wang, Postdoctoral Fellow, Modern Literature and Culture Research Centre, Toronto Metropolitan University

    The scene at Gillette Stadium in Massachusetts on July 16 was steeped in irony.

    During Coldplay’s “jumbotron song” — the concert segment where cameras pan over the crowd — the big screen landed on Andy Byron, then-CEO of data firm Astronomer, intimately embracing Kristin Cabot, the company’s chief people officer. Both are married to other people.

    The moment, captured on video and widely circulated on social media, shows the pair abruptly recoiling as Coldplay’s lead singer Chris Martin says: “Either they’re having an affair or they’re just very shy.”

    Martin’s comment — seemingly light-hearted at the time — quickly took on a different tone as online sleuths identified the pair and uncovered their corporate roles and marital statuses. Within days, Byron resigned from his position as CEO while Cabot is on leave.

    This spectacle raises a deeper question: why does infidelity, especially among the powerful, provoke such public outcry. Literary tradition offers some insight: intimate betrayal is never truly private. It shatters an implicit social contract, demanding communal scrutiny to restore trust.

    When trust crumbles publicly

    French philosopher Paul Ricoeur’s notion of “narrative identity” suggests we make sense of our lives as unfolding stories. The promises we make (and break) become chapters of identity and the basis of others’ trust. Betrayal ruptures the framework that stitches private vows to public roles; without that stitch, trust frays.

    Byron’s stadium exposure turned a marital vow into a proxy for professional integrity. Public betrayal magnifies public outcry because leaders symbolize stability; their personal failings inevitably reflect on their institutions.

    When Astronomer’s board stated the expected standard “was not met,” they were lamenting the collapse of Byron’s narrative integrity — and, by extension, their company’s.

    This idea — that private morality underpins public order — is hardly new. In Laws, ancient Greek philosopher Plato described adultery as a disorder undermining family and state. Roman philosopher Seneca called it a betrayal of nature, while statesman Cicero warned that breaking fides (trust) corrodes civic bonds.

    The social cost of infidelity in literature

    Literature rarely confines infidelity to the bedroom; its shockwaves fracture communities.

    French sociologist Émile Durkheim’s idea of the “conscience collective” holds that shared moral norms create “social solidarity.” As literature demonstrates, violations of these norms inevitably undermines communal trust.

    ‘Anna Karenina’ by Leo Tolstoy.
    (Penguin Random House)

    Leo Tolstoy’s Anna Karenina (1875-77) dramatizes the social fracture of betrayal. Anna’s affair with Count Vronsky not only defies moral convention but destabilizes the aristocratic norms that once upheld her status.

    As the scandal leads to her ostracization, Anna mourns the social world she has lost, realizing too late that “the position she enjoyed in society… was precious to her… [and] she could not be stronger than she was.”

    In Gustave Flaubert’s Madame Bovary (1857), Emma Bovary’s extramarital affairs unravel the networks of her provincial town, turning private yearning for luxury and romance into public contagion.

    Nathaniel Hawthorne’s The Scarlet Letter (1850) makes this explicit: Hester Prynne’s scarlet “A” turns her sin into civic theatre. Public shaming on the scaffold, the novel suggests, delineates moral boundaries and seeks to restore social order — a process that prefigures today’s “digital pillories,” where viral moments subject individuals to mass online judgment and public condemnation.

    Domestic crumbs and digital scaffolds

    Contemporary narratives shift the setting but uphold the same principle: betrayal devastates the mundane rituals that build trust.

    ‘Heartburn’ by Nora Ephron.
    (Penguin Random House)

    Nora Ephron’s autobiographical novel Heartburn (1983), based on her own marriage’s collapse to investigative journalist Carl Bernstein, weaponizes domesticity.

    Heartburn’s protagonist Rachel Samstat delivers her emotions through recipes — “Vinaigrette” as a marker of intimacy and betrayal, “Lillian Hellman’s Pot Roast” as a bid for domestic stability and “Key Lime Pie,” hurled at her cheating husband — become symbols of a life undone by public infidelity.

    Ephron’s satire, later adapted into a film, anticipates our digital age of exposure, where private pain fuels public consumption and judgment.

    ‘Dept. of Speculation’ by Jenny Offill.
    (Penguin Random House)

    Jenny Offill’s Dept. of Speculation (2014), which draws from her own life, shows another perspective: betrayal as quiet erosion.

    Offill never depicts the affair directly; instead, the husband’s absences, silences and an off-hand reference to “someone else” create a suffocating dread. This indirection shows betrayal’s power lies in its latent potential, slowly dismantling a life built on trust before any overt act.

    Both works underscore betrayal’s impact on the collective conscience: a lie fractures a family as fundamentally as a CEO’s indiscretion erodes institutional trust. Power magnifies the fallout by turning private failings into public symbols of fragility. Even hidden betrayal poisons the shared rituals binding any group, making the notion of “private” unsustainable long before any public revelation.

    The limits of power

    Literature acknowledges power’s protective veneer from consequence — and its limits.

    Theodore Dreiser’s Trilogy of Desire (1912–47), modelled on the Gilded Age robber baron Charles Yerkes, follows the rise of financier Frank Cowperwood, whose power shields him — until it doesn’t. Even his vast empire proves vulnerable once his adultery becomes public. The very networks that protected him grow wary.

    Though many critics of the elite are themselves morally compromised in the trilogy, Cowperwood’s transgression becomes a weapon to discredit him. His brief exile shows that power may defer, but cannot erase, the costs of betrayal. Once trust fractures, even the powerful become liabilities. They do not fall less often — only more conspicuously.

    Gender also plays a role in shaping these narratives. Male protagonists like Cowperwood rebound as tragic anti-heroes, their moral failings recast as flaws of character. By contrast, women — think Flaubert’s Emma Bovary or Hawthorne’s Hester Prynne — are branded cautionary figures, their transgressions stigmatized rather than mythologized.

    This imbalance in assigning consequences reveals a deeper societal judgment: while broken trust demands repair, the path to restoration often depends on the transgressor’s gender.

    The unblinking eye

    From Tolstoy’s salons to TikTok’s scroll, literature offers no refuge from betrayal’s ripple effects. When private trust visibly fractures, communal reflexes kick in.

    Scarlet letters, exile or a CEO’s resignation all aim to heal the collective trust. The jumbotron, like Hester’s scaffold, is the latest instrument in this age-old theatre of exposure.

    Jumbotrons. Scaffolds. Same operating system. Same shame.

    Jason Wang 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. Caught on the jumbotron: How literature helps us understand modern-day public shaming – https://theconversation.com/caught-on-the-jumbotron-how-literature-helps-us-understand-modern-day-public-shaming-261638

    MIL OSI Analysis

  • MIL-OSI: Bitget Strengthens Regional Presence at Malaysia Blockchain Week 2025

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, July 24, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, participated in Malaysia Blockchain Week 2025, to strengthen its ties with Southeast Asia’s fast-growing digital economy. The event, hosted at Kuala Lumpur’s World Trade Centre, drew 3,300+ attendees from 20 countries, with support from Malaysian agencies like MDEC, the Ministry of Digital, and Tourism Malaysia.

    Bitget CEO Gracy Chen delivered a keynote address titled “Two Strategies to Thrive in a Volatile Market.” She spotlighted Bitget’s focus on real-world utility, from its $300M user Protection Fund to new tools like GetAgent (an AI trading helper) and xStocks for tokenized equities. Gracy pointed to her 2024 MYBW visit as the turning point. This year, she unveiled PayFi, Bitget’s bid to simplify cross-border crypto payments in emerging markets.

    Bitget CEO Gracy Chen delivering her keynote on the mainstage of MYBW 2025.

    “Malaysia Blockchain Week has become a key platform in this region,” said Gracy Chen, CEO of Bitget. “Bitget will continue building here, through partnerships, localization, and product innovation. Our goal is to show up meaningfully, through utility, education, and experiences that resonate.”

    Bitget also teamed up with Pudgy Penguins (PENGU) to host Hype Drop: Kopi Rave, a side event held at Thong Kee Kopitiam in Kuala Lumpur. Blending wellness, streetwear, music, and collectibles, it drew over 400 attendees and generated strong social media buzz.

    Bitget Trivia winners with their various merch including the much-coveted Bitget Labubu doll.

    Malaysia Blockchain Week 2025 served as a timely stage for Bitget to reinforce its global leadership while celebrating Southeast Asia’s role in Web3 adoption. From shaping cross-border payment infrastructure to pioneering real-world asset trading, Bitget’s message at MYBW was clear: building in this space is about more than innovation.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. 

    Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd30ebe8-c1fe-467d-8b57-715842f39aa4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3ae531e0-6f67-4e30-a223-dce6eeb9bdb9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8eeebd48-a1b6-406e-9793-a25a2abd1ef4

    The MIL Network

  • MIL-OSI: Bitget Strengthens Regional Presence at Malaysia Blockchain Week 2025

    Source: GlobeNewswire (MIL-OSI)

    KUALA LUMPUR, Malaysia, July 24, 2025 (GLOBE NEWSWIRE) — Bitget, the world’s leading cryptocurrency exchange and Web3 company, participated in Malaysia Blockchain Week 2025, to strengthen its ties with Southeast Asia’s fast-growing digital economy. The event, hosted at Kuala Lumpur’s World Trade Centre, drew 3,300+ attendees from 20 countries, with support from Malaysian agencies like MDEC, the Ministry of Digital, and Tourism Malaysia.

    Bitget CEO Gracy Chen delivered a keynote address titled “Two Strategies to Thrive in a Volatile Market.” She spotlighted Bitget’s focus on real-world utility, from its $300M user Protection Fund to new tools like GetAgent (an AI trading helper) and xStocks for tokenized equities. Gracy pointed to her 2024 MYBW visit as the turning point. This year, she unveiled PayFi, Bitget’s bid to simplify cross-border crypto payments in emerging markets.

    Bitget CEO Gracy Chen delivering her keynote on the mainstage of MYBW 2025.

    “Malaysia Blockchain Week has become a key platform in this region,” said Gracy Chen, CEO of Bitget. “Bitget will continue building here, through partnerships, localization, and product innovation. Our goal is to show up meaningfully, through utility, education, and experiences that resonate.”

    Bitget also teamed up with Pudgy Penguins (PENGU) to host Hype Drop: Kopi Rave, a side event held at Thong Kee Kopitiam in Kuala Lumpur. Blending wellness, streetwear, music, and collectibles, it drew over 400 attendees and generated strong social media buzz.

    Bitget Trivia winners with their various merch including the much-coveted Bitget Labubu doll.

    Malaysia Blockchain Week 2025 served as a timely stage for Bitget to reinforce its global leadership while celebrating Southeast Asia’s role in Web3 adoption. From shaping cross-border payment infrastructure to pioneering real-world asset trading, Bitget’s message at MYBW was clear: building in this space is about more than innovation.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. 

    Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    Photos accompanying this announcement are available at: 

    https://www.globenewswire.com/NewsRoom/AttachmentNg/dd30ebe8-c1fe-467d-8b57-715842f39aa4

    https://www.globenewswire.com/NewsRoom/AttachmentNg/3ae531e0-6f67-4e30-a223-dce6eeb9bdb9

    https://www.globenewswire.com/NewsRoom/AttachmentNg/8eeebd48-a1b6-406e-9793-a25a2abd1ef4

    The MIL Network

  • MIL-OSI Africa: Africa24 Group Signs Groundbreaking Partnership with the Ivorian Mixed Martial Arts (MMA) Federation

    Source: APO

    Africa24 Group (https://Africa24TV.com/), the largest media group in Africa and broadcaster of four HD television channels, has signed a landmark partnership agreement with the Ivorian MMA Federation (Mixed Martial Arts) to promote, broadcast, and elevate the profile of MMA in Côte d’Ivoire and across the continent.

    This strategic collaboration aims to spotlight local and regional talent through exclusive reports on athletes, dedicated programming on all MMA competitions, and the promotion of core values of the sport such as discipline, self-improvement, respect, and inclusion.

    Catch exclusive footage now available on replay. (https://apo-opa.co/40WUROL)

    Unrivaled Distribution and Audience Reach for Sports in Africa

    The growth of MMA and sports across Africa represents a key priority for Africa24 Group — creating opportunities for youth, fostering a professional sports ecosystem, and positioning Africa as a global reservoir of emerging talent in one of the world’s fastest-growing disciplines.

    This partnership will further enrich the unique editorial offering of Africa24 Sport, the continent’s first and only 24/7 African sports news and competitions channel.

    “This agreement with the Ivorian MMA Federation is a positive step forward for sports fans across Africa. Africa24 Group is committed to delivering high-quality content through a platform accessible to all. This new milestone should benefit all sports, national and continental federations, and Olympic committees across Africa. It’s about building a shared platform that ensures maximum visibility, unparalleled exposure, and unprecedented reach for every sport on the continent,” said Constant NEMALE, Founder and President of Africa24 Group.

    Through this partnership, Africa24 reinforces its ambition to connect African sports to the world, while actively contributing to the professionalization of MMA in Africa — to the great satisfaction of the Ivorian MMA Federation.

    “Mixed Martial Arts in Côte d’Ivoire is evolving fast. The sport is growing steadily, backed by a strong organizational structure and promising momentum. I believe it has a bright future both in Côte d’Ivoire and across Africa,” said Jackson Parfait TAPÉ, President of the Ivorian MMA Federation.

    “MMA needs greater visibility, not only in Côte d’Ivoire but also globally. This partnership between the Ivorian MMA Federation (FIMMA) and Africa24 Sport is precisely aimed at showcasing a sport that is taking root and expanding in our country,” added Guillaume BEDA, Vice President of the Ivorian MMA Federation.

    As a key partner for sports development in Africa, Africa24 Group is mobilizing all its resources to serve MMA enthusiasts. Throughout the duration of this partnership, Africa24’s channels will broadcast all MMA competitions, with dedicated magazine shows and a team of expert journalists and passionate analysts delivering world-class coverage.

    With Africa24 Group, expect nothing less than exceptional sports entertainment.

    AFRICA24 – Together, Let’s Transform Africa

    Distributed by APO Group on behalf of AFRICA24 Group.

    Contact:
    Communications Department
    Africa24 Group
    Gaëlle Stella Oyono 
    Email: onana@africa24tv.com
    Tel: +237 694 90 99 88

    Social Media:
    @ africa24tv

    About Africa24:
    Launched in 2009, Africa24 Group is the continent’s leading TV and digital media network. It is the top media brand among decision-makers and senior executives in Africa and beyond. Africa24 operates four HD television channels available 24/7 via major global networks:

    • AFRICA24 TV: The continent’s first French-language news channel
    • AFRICA24 English: The reference English-language African news channel
    • AFRICA24 Sport: The first African sports news and competition channel
    • AFRICA24: The flagship channel for Africa’s creative industries

    Africa24 also operates myafrica24, the first HD streaming platform dedicated to Africa, accessible worldwide on all devices (smartphones, computers, tablets, and smart TVs).

    With global distribution through top operators and platforms (Canal+, Bouygues, Orange, Bell…), Africa24 is available in over 80 million households and boasts a digital community of more than 8 million followers across web and social media. Africa24 is the go-to media platform for global leaders seeking to engage with Africa-related topics.

    https://Africa24TV.com/

    About the Ivorian MMA Federation:
    The Ivorian MMA Federation is responsible for the organization, regulation, and promotion of Mixed Martial Arts in Côte d’Ivoire. The federation supports athletes, upholds sports ethics, and promotes MMA as both an elite sport and a powerful tool for social inclusion.

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    MIL OSI Africa