Category: Europe

  • MIL-OSI United Kingdom: expert reaction to study looking at an ‘inflammatory’ diet during pregnancy and type 1 diabetes risk in children

    Source: United Kingdom – Executive Government & Departments

    A study published in the Journal of Epidemiology & Community Health looks at an ‘inflammatory’ diet during pregnancy and type 1 diabetes risk in children.

    Prof Claire Meek, Professor of Chemical Pathology and Diabetes in Pregnancy, Leicester Diabetes Centre, University of Leicester, said:

    “While we have known for some time that the mother’s health in pregnancy influences the child’s risk of type 1 diabetes, the role of maternal diet upon children’s diabetes risk is less clear.  This interesting new study suggests that mothers who eat a healthy, “anti-inflammatory” diet have a lower risk of type 1 diabetes in their babies – however, it is not clear if these effects are truly due to reduced inflammation, which wasn’t directly measured in the babies.  The study findings could also be explained by pregnant women eating higher levels of vitamins and fibre, or choosing foods more likely to keep blood glucose levels and weight under good control.  It is also important to remember that people from lower-income families may have less access to healthy food and higher risks of chronic disease, so it may not be a fair assessment of diet.

    “However, this study does support broader guidance about the importance of eating a healthy balanced diet in pregnancy, helping keep mums and babies healthy both during pregnancy and in the future.”

    Dr John MacSharry, Funded Investigator at APC Microbiome Ireland and Senior Lecturer in Virology and Immunology, University College Cork, said:

    “The study by Noorzae et al. is a robust prospective analysis linking a pro-inflammatory maternal diet (Empirical Dietary Inflammatory Index (EDII)) during pregnancy to an increased risk of type 1 diabetes (T1D) in offspring.

    “Their use of a large national cohort and validated registry data strengthens the epidemiological association, and the inclusion of breastfeeding duration as a covariate is a notable strength. 

    Interestingly, longer breastfeeding was more common among mothers with lower EDII scores, consistent with breastfeeding’s well-documented role in promoting immune tolerance and healthy microbial colonization.  Apart from providing early passive immunity wave maternal antibodies, breast milk provides bioactive molecules such as human milk oligosaccharides (HMOs), which selectively feed beneficial microbes (e.g. Bifidobacterium spp.) and promote the production of short-chain fatty acids (SCFAs) like butyrate by the gut microbiota —key modulators of regulatory T cell development and mucosal immunity.

    “However, the study lacks direct biological validation of the immune or microbiota-mediated mechanisms it hypothesises.  The Empirical Dietary Inflammatory Index (EDII) was based on correlations with C-reactive protein (CRP), a non-specific acute-phase protein that offers limited insight into adaptive immune function or cytokine signalling pathways central to autoimmunity. 

    No maternal or fetal immune phenotyping, cytokine profiling, or microbiota/metabolome data were included, missing the opportunity to explore key mediators such as SCFAs, bile acids, tryptophan metabolites, and gut microbiota population types.  In addition, maternal or early-life infections—known risk factors for pancreatic islet autoimmunity—were not assessed, despite their relevance in immune priming.

    “Future studies should integrate immunophenotyping, longitudinal microbiome and metabolomics analyses, and infection exposure history to map the interplay between maternal diet, immune maturation, and T1D risk.  Such multi-omic approaches, including the postnatal environment shaped by breastfeeding and early feeding practices, are essential to fully understand the developmental origins of immune-mediated diseases.”

    ‘Association between a pro-inflammatory dietary pattern during pregnancy and type 1 diabetes risk in offspring: prospective cohort study’ by Rohina Noorzae et al. was published in the Journal of Epidemiology & Community Health at 23:30 UK time on Tuesday 1 July 2025.

    DOI: 10.1136/jech-2024-223320

    Declared interests

    Dr John MacSharry: “I can declare I have no financial interests or personal relationships that could have appeared to influence my opinion of this work.”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom

  • MIL-OSI: APA Corporation Releases 2025 Sustainability Publications

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — APA Corporation (Nasdaq: APA) today released its sustainability publications highlighting progress in environmental stewardship, social responsibility and corporate governance throughout 2024. This year, APA simplified its reporting into two complementary documents. Our Approach to Sustainability details the ongoing sustainability programs and initiatives. The 2025 Sustainability Progress Report contains progress on 2024 goals, yearly highlights, key performance data and new goals for 2025. To explore the publications, visit https://apacorp.com/sustainability.

    “Our sustainability progress is tangible,” said APA CEO John J. Christmann IV. “APA has taken meaningful steps to reduce greenhouse gas emissions, minimize freshwater usage, and protect sensitive ecosystems. We remain committed to a strong safety culture and responsible operations. We are proud to share our 2024 highlights in the pages of our progress report.”

    Highlights from the 2025 Sustainability Progress Report include:

    • Air – As industry partners, APA focuses on reducing emissions by setting goals, sharing knowledge, and delivering commitments. The company exceeded its goal to eliminate at least 1 million tonnes of annualized carbon dioxide equivalent (CO2e) emissions between 2021 and 2024, completing over 50 global projects that eliminated 1.24 million tonnes of annualized CO2e emissions.
    • Water – APA aims to minimize freshwater use by recycling produced water, sourcing alternatives, and reducing overall water requirements for its operations. Ninety-seven percent of the global water use was produced water and brackish, nonfresh water.
    • People – As an organization, APA is committed to the health and safety of its employees, contractors and people in the communities where it operates. APA achieved or exceeded all corporate safety targets in 2024, including its lowest global Total Recordable Incident Rate (TRIR) in company history at 0.16.
    • Community – In efforts to continue building a sustainable future, APA continues its work across three focus areas of community well-being, energy poverty and conservation. In 2024, APA spent 44% of its operating area’s budgets with local suppliers and contractors.

    About APA

    APA Corporation owns consolidated subsidiaries that explore for and produce oil and natural gas in the United States, Egypt and the United Kingdom and that explore for oil and natural gas offshore Suriname and elsewhere. APA posts announcements, operational updates, investor information and press releases on its website, www.apacorp.com.

    Contacts

    Investor: (281) 302-2286
    Media: (713) 296-7276
    Website: www.apacorp.com

    APA-G

    The MIL Network

  • MIL-OSI: JAMining Launches Global XRP Cloud Mining Initiative: Scalable, Secure, and Built for the Next Wave of Digital Adoption

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 01, 2025 (GLOBE NEWSWIRE) —

    JAMining, one of the industry’s most trusted names in cloud-based cryptocurrency mining, has officially launched its XRP cloud mining contracts—marking a new phase in decentralized participation for digital asset investors across the globe. With over 16 years of operational history, JAMining continues to push the boundaries of inclusive, intelligent mining.

    As the market demand for alternative mining methods accelerates, XRP has emerged as a strong contender, thanks to its high throughput, institutional appeal, and low transaction fees. JAMining’s latest integration allows anyone—from institutional investors to first-time users—to mine XRP securely without owning any physical hardware.

    Cloud Mining Reimagined: XRP Mining Without Borders

    JAMining’s XRP contracts remove the complexity and capital-intensive nature of traditional mining. Instead of purchasing ASIC machines or worrying about electricity rates, users can simply register, select a mining plan, and begin earning XRP within minutes.

    The platform offers short- and medium-term mining contracts, such as:

          (Click here for more contract details )

    All contracts are capital-protected and designed for liquidity—ensuring your initial investment is returned at the end of the term, with daily income automatically credited.

    “The idea is simple,” said a JAMining spokesperson. “You don’t need to be a blockchain expert to benefit from blockchain infrastructure. JAMining’s AI-backed mining engine does the heavy lifting while you collect stable daily rewards.”

    Intelligent Systems, Zero Hardware Hassles

    Key Features:

    • AI-Powered Allocation: Mining tasks are dynamically distributed to maximize profitability across XRP pools.
    • No Setup Required: All systems run in high-availability data centers powered by renewable energy.
    • Mobile Dashboard Access: Track earnings, contract performance, and manage settings with full transparency.
    • Real-Time Payouts: 24/7 mining with daily income and instant withdrawals.

    The platform’s backend is hosted across strategically located, environmentally responsible data centers powered by solar and wind energy. By prioritizing sustainability, JAMining positions itself as a rare fusion of financial innovation and ecological responsibility.

    Why XRP and Why Now?

    XRP’s increasing role in cross-border payments, remittances, and institutional banking has made it one of the most discussed digital assets of 2025. With regulatory clarity on the horizon and major financial entities eyeing XRP’s utility, cloud mining it now offers a rare asymmetric opportunity.

    Unlike speculation-based investing, cloud mining provides fixed, predictable income—something that risk-averse investors and institutions increasingly prefer.

    “The shift we’re seeing in the market is clear: users want passive, predictable returns, not emotional trading swings,” said JAMining’s lead analyst. “Our XRP cloud contracts are designed exactly for this new wave of investor demand.”

    Global Impact, Local Accessibility

    With over 11.2 million users across 190+ countries, JAMining’s mission is to make wealth-building tools available to everyone. The XRP launch fits that mission precisely—offering equal access to a growing asset with real-world utility.

    The JAMining platform is currently available in English, Spanish, Arabic, Portuguese, German, Russian, Italian, Japanese, French, Korean, with more languages ​​coming soon.

    Ready to Join?

    New users receive $100 in mining credits instantly upon registration. No prior experience is needed.
    Start mining XRP, BTC, ETH, and more today at https://jamining.com/
    For partnership or media inquiries, please email: info@jamining.com

     

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or trading recommendations. Cryptocurrency mining and staking involve risks and the possibility of losing funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network

  • MIL-Evening Report: New laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. New laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/new-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Energy – Developing the largest oil producer on the Norwegian continental shelf – Equinor

    Source: Equinor

    01 JULY 2025 – Equinor and its partners are investing NOK 13 billion in the third phase of Johan Sverdrup, one of the world’s most carbon-efficient oil fields. New subsea infrastructure will increase recovery by 40–50 million barrels of oil equivalent (boe).

    “By building on the technologies, solutions, and infrastructure from phases 1 and 2 of Johan Sverdrup, we can carry out an efficient development with a rapid start-up of production. The project increases the recovery rate and value creation from Johan Sverdrup, one of the world’s most carbon-efficient oil and gas fields. At the same time, it contributes to stable energy supplies to Europe,” says Trond Bokn, senior vice president for project development in Equinor.

    Increased value creation and innovation

    The development includes two new subsea templates which will be tied into existing infrastructure via new pipelines. The investment will increase recoverable volumes from the field by 40–50 million boe, with production expected to start in the fourth quarter of 2027.

    To ensure optimal resource utilisation, the project leveraged artificial intelligence to analyse field layouts and well paths. This technology has enabled faster decision-making and resulted in cost savings of NOK 130 million for the phase 3 project.

    The project also facilitates future value creation at Johan Sverdrup by adding extra well slots, and opportunities for connecting additional subsea templates.

    Contract awards

    The Johan Sverdrup field contributes significantly to value creation and ripple effects in society and has driven important industrial development in Norway.

    For the phase 3 project, TechnipFMC has been awarded the contract for engineering, procurement, construction, and installation (EPCI) for the subsea development, with a contract value of approximately NOK 5.3 billion. Additional contracts, including platform modifications and the drilling of eight wells, are planned to be awarded later in 2025.

    Increased recovery and production

    Safe and efficient operations at Johan Sverdrup are delivering results, with systematic efforts to maximise recovery. Phase 3 of the development will create additional value.

    The expected recovery rate from Johan Sverdrup is already world-class at 66 percent. The phase 3 project is an important step towards achieving our ambition of 75 percent. The average for the Norwegian continental shelf (NCS) is 47 percent.

    “In 2024, Johan Sverdrup set a production record with 260 million barrels of oil, the highest annual oil production ever from a Norwegian field. Every third barrel of oil from the Norwegian continental shelf now comes from the field. Phase 3 is an important contribution to maintaining high production from Johan Sverdrup in the years to come,” says Marianne Bjelland, vice president for Johan Sverdrup.

    Equinor aims to maintain a high level of oil and gas production on the NCS towards 2035. Johan Sverdrup phase 3 is one of several projects receiving an investment decision this year that supports this ambition.

    The partnership has submitted a notification to the authorities in accordance with the existing plan for development and operation (PDO). The notification is subject to governmental approval.

    Johan Sverdrup phase 3

    • Location: Johan Sverdrup is located in the Utsira High area of the North Sea, 160 kilometres west of Stavanger, in water depths of 110–120 metres, covering an area of 200 square kilometres.
    • Production capacity: 755,000 barrels per day, approximately one-third of Norway’s total oil production at current levels.
    • Economic impact: In 2024, the operation of the Johan Sverdrup field alone contributed over 4,400 full-time equivalents and Norwegian deliveries worth NOK 7 billion.
    • Electrification: Johan Sverdrup is powered by electricity from shore, with CO₂ emissions of 0.67 kilograms per barrel of oil produced – approximately 5% of the global average.
    • Phase 3 development: Comprises two new subsea templates in the Kvitsøy and Avaldsnes areas with six well slots each, totalling eight wells (seven oil production wells and one water injection well), tied back to existing templates and pipelines to the P2 platform for processing and export.
    • Future-proofing: The project enables future value creation by including extra well slots, spare capacity in the control cable, and opportunities for connecting additional subsea templates.
    • Ownership interests: Equinor Energy AS 42.6267% (operator), Aker BP ASA 31.5733%, Petoro AS 17.36%, and TotalEnergies EP Norge AS 8.44%.

    MIL OSI – Submitted News

  • MIL-OSI United Kingdom: expert reaction to unpublished conference abstract looking at microplastics in human reproductive fluids

    Source: United Kingdom – Executive Government & Departments

    An unpublished conference abstract presented at the ESHRE 41st Annual Meeting in Paris looks at microplastics in human reproductive fluids.

    Prof Oliver Jones, Professor of Chemistry, RMIT University, said:

    “It is hard to say much at all about this study without knowing the full details of the methods used and the precautions taken against background contamination.  All we have to go on is a very brief abstract, not a peer-reviewed paper.  Many previous scary-sounding headlines on microplastics in blood and food have turned out to be measurement errors by people unfamiliar with the problems of microplastic measurements1,2 and/or background contamination3.  I don’t think lab contamination can be ruled out in this case.  The most common plastic found, PTFE, is very widely used in laboratories, including IVF labs, and background contamination makes all forms of microplastic analysis extremely technically challenging.

    “Even if we assume no measurement errors, the results are from a total of 51 individuals, so they are far from conclusive (a limitation acknowledged by the authors), and this study does not claim to demonstrate any harm.  We would need these findings to be replicated, ideally in other laboratories around the world, before we could tell if this was a one-off event or not.  So, while the data are certainly interesting, they are at best preliminary.  I don’t think people who may be trying to conceive, either naturally or via IVF, need to be concerned.”

    References
    1 Kuhlman, R. L., Letter to the editor, discovery and quantification of plastic particle pollution in human blood. Environment International 2022, 167, 107400, https://www.sciencedirect.com/science/article/pii/S0160412022003270?via%3Dihub

    2 Mühlschlegel, P. et al. Lack of evidence for microplastic contamination in honey. Food Additives & Contaminants: Part A 2017, 34 (11), 1982-1989, https://pubmed.ncbi.nlm.nih.gov/28665769/  

    3 Rauert C.  et al. Blueprint for the design construction and validation of a plastic and phthalate-minimised laboratory. Journal of Hazardous Materials 2024 468 133803, https://www.sciencedirect.com/science/article/pii/S0304389424003820

    Dr Channa Jayasena, Associate Professor in Reproductive Endocrinology, Imperial College London, said:

    “Microplastics are able to interfere with how cells in different bits of the body speak to each other, and can cause cell damage.  Unfortunately, it is no longer a surprise that microplastics find their way into the fluids which are essential for men and women to reproduce.  This study was very small, and did not report fertility outcomes in the study participants.  But it was well-designed study using state-of-the-art technology to show just how commonly microplastics enter reproductive fluids.  They showed that most of the studied samples in men and women contained microplastics.  Some previous studies have reported that microplastic exposure is associated with lower-than-normal fertility in men.  The results contribute to a growing concern for public health – we don’t know what the impact of all types of microplastics are on reproductive function in men and women.  Understanding this will help us understand how big a problem microplastics post for fertility in society.”

    Dr Stephanie Wright, Associate Professor in Environmental Toxicology, Imperial College London, said:

    “Without information on the sizes of the microplastic particles observed, it is challenging to interpret how meaningful this data is.  There is a high potential for samples to become contaminated with microplastic throughout the sampling, laboratory processing, and analysis procedures.  If stringent steps to minimise this are taken, other clues such as the size of the particles observed can be used to rule out such contamination, with there being a greater likelihood for smaller particles ( 0.01 mm) being absorbed and redistributed around the body.  It is not a surprise that microplastics have been found – they are everywhere, even in the lab – but the data provided do not support that they are there as a result of human exposure as opposed to methodological artefact and must be interpreted with caution at this early stage.”

    Prof Fay Couceiro, Professor of Environmental Pollution, and Head of the Microplastics Research Group, University of Portsmouth, said:

    “As this is not peer reviewed and there is no detailed methodology it is difficult to give specific information on quality etc.  Here are some general comments:

    “The study is very interesting and considering the global reduction in fertility rates, looking at possible causes is very topical and timely.  As the authors state, finding microplastics is not that surprising as we have found them in lots of other areas of our bodies. Presence is also not the same as impact and the authors are clear that while they have found microplastics in the reproductive fluids of both men and women, we still don’t know how they are affecting us.  As a preliminary study the work is interesting, but more information is required on numbers of microplastics found, sizes, method blanks and any plastics used during the medical procedures before any real conclusions can be made.  I look forward to reading the full article once it is ready. (A method blank is when you run the experimental steps, but with clean water, and then analyse that to see if you have any microplastics in it.  This would let you know if there is any external contamination, and if the microplastics in the samples are from the reproductive fluid, or introduced from the digestion and analysis steps.  It would be very unusual not to see any microplastics in the blanks if they are looking below 10 micrometres in size range. At that size, microplastics are in the air and very hard to get away from.  If they only analysed larger particles then you tend to find less in your method blanks, but it is common practice to give these in a full paper so that people can see if the number you are finding in your samples is higher than in the blanks.)

    Does the press release accurately reflect the science?

    “To the extent of which data is available it does, it is clear this is only looking at the presence of microplastics and not impacts.

    Is this good quality research?  Are the conclusions backed up by solid data?

    “Very hard to judge without more in depth information on methods, numbers found in blanks, size ranges of microplastics etc.

    Is there enough data available to be able to judge the quality of this work?

    “At this stage I would say no – as above the methods really need to be more detailed.  Microplastics are everywhere and even with the best methods you find some in the blanks at the smaller sizes (less than 10 um).  They say they looked in the containers but the method blank data is missing as are the actual numbers found, e.g. is it 10 microplastics per ml of SF?  Is 10 significantly greater than what was found in the method blank?  Size range is also very important and not mentioned anywhere I can see.

    Is this a peer-reviewed journal publication or more preliminary?

    “Preliminary.

    How does this work fit with the existing evidence?

    “It is expected as microplastics have been found in all bodily fluids/organs tested.

    Have the authors accounted for confounders?  Are there important limitations to be aware of?

    “It is unclear if there is any plastic used in the collection of the samples as I am unfamiliar with the procedures – the storage vessel is glass but is plastic used in the follicular aspiration?  Many medical instruments are made from plastic, is that the case here?

    What are the implications in the real world?  Is there any overspeculation?

    “No – they are clear this is just a presence/absence experiment and that further work needs to take place to determine any impacts.”

    Abstract title: ‘Unveiling the Hidden Danger: Detection and characterisation of microplastics in human follicular and seminal fluids’ by E. Gomez-Sanchez et al. It will be presented at the ESHRE 41st Annual Meeting in Paris, and the embargo lifted at 23:01 UK time on Tuesday 1 July 2025.

    There is no paper.

    Declared interests

    Prof Oliver Jones: “I am a Professor of Chemistry at RMIT University in Melbourne, Australia.  I conduct research into environmental pollution, including microplastics.  I have no conflicts of interest to declare.”

    Dr Channa Jayasena: “None.”

    Dr Stephanie Wright: “Own research: MRC, NERC, NIHR, Common Seas, Minderoo Foundation, LECO;

    To attend scientific meetings: American Chemistry Council – to attend a workshop on microplastic reference materials (2022); Minderoo Foundation – to attend workshops on microplastic measurement in human tissue (2024, 2025);

    Current or previous advisory roles or committee membership: ILSI Europe, PlasticsEurope (BRIGID project), Cefic LRI projects advisory roles, have been a temporary member of UK Air Quality Expert Group;

    Previous employment in companies: none.”

    Prof Fay Couceiro: “I work in the field of microplastics but I was not involved in the study and I am not working with the authors.  I am unaware of any conflict of interest.”

    MIL OSI United Kingdom

  • MIL-OSI Submissions: Pop, soda or coke? The fizzy history behind America’s favorite linguistic debate

    Source: The Conversation – USA (2) – By Valerie M. Fridland, Professor of Linguistics, University of Nevada, Reno

    ‘I’ll have a coke – no, not Coca-Cola, Sprite.’ Justin Sullivan/Getty Images

    With burgers sizzling and classic rock thumping, many Americans revel in summer cookouts – at least until that wayward cousin asks for a “pop” in soda country, or even worse, a “coke” when they actually want a Sprite.

    Few American linguistic debates have bubbled quite as long and effervescently as the one over whether a generic soft drink should be called a soda, pop or coke.

    The word you use generally boils down to where you’re from: Midwesterners enjoy a good pop, while soda is tops in the North and far West. Southerners, long the cultural mavericks, don’t bat an eyelash asking for coke – lowercase – before homing in on exactly the type they want: Perhaps a root beer or a Coke, uppercase.

    As a linguist who studies American dialects, I’m less interested in this regional divide and far more fascinated by the unexpected history behind how a fizzy “health” drink from the early 1800s spawned the modern soft drink’s many names and iterations.

    Bubbles, anyone?

    Foods and drinks with wellness benefits might seem like a modern phenomenon, but the urge to create drinks with medicinal properties inspired what might be called a soda revolution in the 1800s.

    An 1878 engraving of a soda fountain.
    Smith Collection/Gado via Getty Images

    The process of carbonating water was first discovered in the late 1700s. By the early 1800s, this carbonated water had become popular as a health drink and was often referred to as “soda water.” The word “soda” likely came from “sodium,” since these drinks often contained salts, which were then believed to have healing properties.

    Given its alleged curative effects for health issues such as indigestion, pharmacists sold soda water at soda fountains, innovative devices that created carbonated water to be sold by the glass. A chemistry professor, Benjamin Stillman, set up the first such device in a drugstore in New Haven, Connecticut, in 1806. Its eventual success inspired a boom of soda fountains in drugstores and health spas.

    By the mid-1800s, pharmacists were creating unique root-, fruit- and herb-infused concoctions, such as sassafras-based root beer, at their soda fountains, often marketing them as cures for everything from fatigue to foul moods.

    These flavored, sweetened versions gave rise to the linking of the word “soda” with a sweetened carbonated beverage, as opposed to simple, carbonated water.

    Seltzer – today’s popular term for such sparkling water – was around, too. But it was used only for the naturally carbonated mineral water from the German town Nieder-Selters. Unlike Perrier, sourced similarly from a specific spring in France, seltzer made the leap to becoming a generic term for fizzy water.

    Many late-19th-century and early 20th-century drugstores contained soda fountains – a nod to the original belief that the sugary, bubbly drink possessed medicinal qualities.
    Hall of Electrical History Foundation/Corbis via Getty Images

    Regional naming patterns

    So how did “soda” come to be called so many different things in different places?

    It all stems from a mix of economic enterprise and linguistic ingenuity.

    The popularity of “soda” in the Northeast likely reflects the soda fountain’s longer history in the region. Since a lot of Americans living in the Northeast migrated to California in the mid-to-late 1800s, the name likely traveled west with them.

    As for the Midwestern preference for “pop” – well, the earliest American use of the term to refer to a sparkling beverage appeared in the 1840s in the name of a flavored version called “ginger pop.” Such ginger-flavored pop, though, was around in Britain by 1816, since a Newcastle songbook is where you can first see it used in text. The “pop” seems to be onomatopoeic for the noise made when the cork was released from the bottle before drinking.

    A jingle for Faygo touts the company’s ‘red pop.’

    Linguists don’t fully know why “pop” became so popular in the Midwest. But one theory links it to a Michigan bottling company, Feigenson Brothers Bottling Works – today known as Faygo Beverages – that used “pop” in the name of the sodas they marketed and sold. Another theory suggests that because bottles were more common in the region, soda drinkers were more likely to hear the “pop” sound than in the Northeast, where soda fountains reigned.

    As for using coke generically, the first Coca-Cola was served in 1886 by Dr. John Pemberton, a pharmacist at Jacobs’ Pharmacy in Atlanta and the founder of the company. In the 1900s, the Coca-Cola company tried to stamp out the use of “Coke” for “Coca-Cola.” But that ship had already sailed. Since Coca-Cola originated and was overwhelmingly popular in the South, its generic use grew out of the fact that people almost always asked for “Coke.”

    No alcohol means not ‘hard’ but ‘soft.’
    Nostalgic Collections/eBay

    As with Jell-O, Kleenex, Band-Aids and seltzer, it became a generic term.

    What’s soft about it?

    Speaking of soft drinks, what’s up with that term?

    It was originally used to distinguish all nonalcoholic drinks from “hard drinks,” or beverages containing spirits.

    Interestingly, the original Coca-Cola formula included wine – resembling a type of alcoholic “health” drink popular overseas, Vin Mariani. But Pemberton went on to develop a “soft” version a few years later to be sold as a medicinal drink.

    Due to the growing popularity of soda water concoctions, eventually “soft drink” came to mean only such sweetened carbonated beverages, a linguistic testament to America’s enduring love affair with sugar and bubbles.

    With the average American guzzling almost 40 gallons per year, you can call it whatever you what. Just don’t call it healthy.

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

    ref. Pop, soda or coke? The fizzy history behind America’s favorite linguistic debate – https://theconversation.com/pop-soda-or-coke-the-fizzy-history-behind-americas-favorite-linguistic-debate-259114

    MIL OSI

  • MIL-OSI Submissions: Keeping brain-dead pregnant women on life support raises ethical issues that go beyond abortion politics

    Source: The Conversation – USA (3) – By Lindsey Breitwieser, Assistant Professor of Gender & Women’s Studies, Hollins University

    Laws such as Georgia’s LIFE Act can complicate ethical and legal decision-making in postmortem pregnancy.
    Darya Komarova/Moment via Getty Images

    Adriana Smith, a 30-year-old woman from Georgia who had been declared brain-dead in February 2025, spent 16 weeks on life support while doctors worked to keep her body functioning well enough to support her developing fetus. On June 13, 2025, her premature baby, named Chance, was born via cesarean section at 25 weeks.

    Smith was nine weeks pregnant when she suffered multiple blood clots in her brain. Her story gained public attention when her mother criticized doctors’ decision to keep her on a ventilator without the family’s consent. Smith’s mother has said that doctors told the family the decision was made to align with Georgia’s LIFE Act, which bans abortion after six weeks of pregnancy and bolsters the legal standing of fetal personhood. A statement released by the hospital also cites Georgia’s abortion law.

    “I’m not saying we would have chosen to terminate her pregnancy,” Smith’s mother told a local television station. “But I’m saying we should have had a choice.”

    The LIFE Act is one of several state laws that have passed across the U.S. since the 2022 Dobbs v. Jackson decision invalidated constitutional protections for abortion. Although Georgia’s attorney general denied that the LIFE Act applied to Smith, there’s little doubt that it invites ethical and legal uncertainty when a woman dies while pregnant.

    Smith’s case has swiftly become the focus of a reproductive rights political firestorm characterized by two opposing viewpoints. For some, it reflects demeaning governmental overreach that quashes women’s bodily autonomy. For others it illustrates the righteous sacrifice of motherhood.

    In my work as a gender and technology studies scholar, I have cataloged and studied postmortem pregnancies like Smith’s since 2016. In my view, Smith’s story doesn’t fit straightforwardly into abortion politics. Instead, it points to the need for a more nuanced ethical approach that does not frame a mother and child as adversaries in a medical, legal or political context.

    Birth after death

    For centuries, Catholic dogma and Western legal precedent have mandated immediate cesarean section when a pregnant woman died after quickening, the point when fetal movement becomes discernible. But technological advances now make it possible sometimes for a fetus to continue gestating in place when the mother is brain-dead, or “dead by neurological criteria”– a widely accepted definition of death that first emerged in the 1950s.

    The first brain death during pregnancy in which the fetus was delivered after time on life support, more accurately called organ support, occurred in 1981. The process is extraordinarily intensive and invasive, because the loss of brain function impedes many physiological processes. Health teams, sometimes numbering in the hundreds, must stabilize the bodies of “functionally decapitated” pregnant women to buy more time for fetal development. This requires vital organ support, ventilation, nutritional supplements, antibiotics and constant monitoring. Outcomes are highly uncertain.

    Adriana Smith’s baby was delivered by cesarian section on June 13, 2025.

    Smith’s 112-day stint on organ support ranks third in length for a postmortem pregnancy, with the longest being 123 days. Hers is also the earliest ever gestational age from which the procedure has been attempted. Because time on organ support can vary widely, and because there is no established minimum fetal age considered too early to intervene, a fetus could theoretically be deemed viable at any point in pregnancy.

    Postmortem pregnancy as gender-based violence

    Over the past 50 years, critics of postmortem pregnancy have argued that it constitutes gender-based violence and violates bodily integrity in ways that organ donation does not. Some have compared it with Nazi pronatalist policies. Others have attributed the practice to systemic sexism and racism in medicine. Postmortem pregnancy can also compound intimate partner violence by giving brain-dead women’s murderers decision-making authority when they are the fetus’s next of kin.

    Fetal personhood laws complicate end-of-life decision-making in ways that many consider violent too. As I have seen in my own research, when the fetus is considered a legal person, women’s wishes may be assumed, debated in court or committee, or set aside entirely, nearly always in favor of the fetus.

    From the perspective of reproductive rights advocates, postmortem pregnancy is the bottom of a slippery slope down which anti-abortion sentiment has led America. It obliterates women’s autonomy, pitting living and dead women against doctors, legislators and sometimes their own families, and weaponizing their own fetuses against them.

    A medical perspective on rights

    Viewed through a medical lens, however, postmortem pregnancy is not violent or violating, but an act of repair. Although care teams have responsibilities to both mother and fetus, a pregnant woman’s brain death means she cannot be physically harmed and her rights cannot be violated to the same degree as a fetus with the potential for life.

    Medical practitioners are conditioned to prioritize life over death, motivating a commitment to salvage something from a tragedy and try to partially restore a family. The high-stakes world of emergency medicine makes protecting life reflexive and medical interventions automatic. Once fetal life is detected, as one hospital spokesperson put it in a 1976 news article in The Boston Globe, “What else could you do?”

    This response does not necessarily stem from conscious sexism or anti-abortion sentiment, but from reverence for vulnerable patients. If physicians declare a pregnant woman brain-dead, patienthood often automatically transfers to the fetus needing rescue. No matter its age and despite its survival being dependent on machines, just like its mother, the fetus is entirely animate. Who or what counts as a legal person with privileges and protections might be a political or philosophical determination, but life is a matter of biological fact and within the doctors’ purview.

    The first baby born from a postmortem pregnancy was delivered in 1981.
    Emmanuel Faure/The Image Bank via Getty Images

    An ethics of anti-opposition

    Both of the above perspectives have validity, but neither accounts for postmortem pregnancy’s ethical and biological complexity.

    First, setting mother against fetus, with the rights of one endangering the rights of the other, does not match pregnancy’s lived reality of “two bodies, sutured,” as the cultural scholar Lauren Berlant put it.

    Even the Supreme Court recognized this entangled duality in their 1973 ruling on Roe v. Wade, which established both constitutional protections for abortion and a governmental obligation to protect fetal life. Whether a fetus is considered a legal person or not, they wrote, pregnant women and fetuses “cannot be isolated in their privacy” – meaning that reproductive rights issues must strike a balance, however tenuous, between maternal and fetal interests. To declare postmortem pregnancy unequivocally violent or a loss of the “right to choose” fails to recognize the complexity of choice in a highly politicized medical landscape.

    Second, maternal-fetal competition muddles the right course of action. In the U.S., competent patients are not compelled to engage in medical care they would rather avoid, even if it kills them, or to stay on life support to preserve organs for donation. But when a fetus is treated as an independent patient, exceptions could be made to those medical standards if the fetus’s interests override the mother’s.

    For example, pregnancy disrupts standard determination of death. To protect the fetus, care teams increasingly skip a necessary diagnostic for brain death called apnea testing, which involves momentarily removing the ventilator to test the respiratory centers of the brain stem. In these cases, maternal brain death cannot be confirmed until after delivery. Multiple instances of vaginal deliveries after brain death also remain unexplained, given that the brain coordinates mechanisms of vaginal labor. All in all, it’s not always clear women in these cases are entirely dead.

    Ultimately, women like Adriana Smith and their fetuses are inseparable and persist in a technologically defined state of in-betweenness. I’d argue that postmortem pregnancies, therefore, need new bioethical standards that center women’s beliefs about their bodies and a dignified death. This might involve recognizing pregnancy’s unique ambiguities in advance directives, questioning default treatment pathways that may require harm be done to one in order to save another, or considering multiple definitions of clinical and legal death.

    In my view, it is possible to adapt our ethical standards in a way that honors all beings in these exceptional circumstances, without privileging either “choice” or “life,” mother or fetus.

    This research was supported by a grant from The Institute for Citizens and Scholars.

    ref. Keeping brain-dead pregnant women on life support raises ethical issues that go beyond abortion politics – https://theconversation.com/keeping-brain-dead-pregnant-women-on-life-support-raises-ethical-issues-that-go-beyond-abortion-politics-258457

    MIL OSI

  • MIL-OSI Submissions: The hidden cost of convenience: How your data pulls in hundreds of billions of dollars for app and social media companies

    Source: The Conversation – USA – By Kassem Fawaz, Associate Professor of Electrical and Computer Engineering, University of Wisconsin-Madison

    Many apps and social media platforms collect detailed information about you as you use them, and sometimes even when you’re not using them. Malte Mueller/fStop via Getty images

    You wake up in the morning and, first thing, you open your weather app. You close that pesky ad that opens first and check the forecast. You like your weather app, which shows hourly weather forecasts for your location. And the app is free!

    But do you know why it’s free? Look at the app’s privacy settings. You help keep it free by allowing it to collect your information, including:

    • What devices you use and their IP and Media Access Control addresses.
    • Information you provide when signing up, such as your name, email address and home address.
    • App settings, such as whether you choose Celsius or Fahrenheit.
    • Your interactions with the app, including what content you view and what ads you click.
    • Inferences based on your interactions with the app.
    • Your location at a given time, including, depending on your settings, continuous tracking.
    • What websites or apps that you interact with after you use the weather app.
    • Information you give to ad vendors.
    • Information gleaned by analytics vendors that analyze and optimize the app.

    This type of data collection is standard fare. The app company can use this to customize ads and content. The more customized and personalized an ad is, the more money it generates for the app owner. The owner might also sell your data to other companies.

    Many apps, including the weather channel app, send you targeted advertising and sell your personal data by default.
    Jack West, CC BY-ND

    You might also check a social media account like Instagram. The subtle price that you pay is, again, your data. Many “free” mobile apps gather information about you as you interact with them.

    As an associate professor of electrical and computer engineering and a doctoral student in computer science, we follow the ways software collects information about people. Your data allows companies to learn about your habits and exploit them.

    It’s no secret that social media and mobile applications collect information about you. Meta’s business model depends on it. The company, which operates Facebook, Instagram and WhatsApp, is worth US$1.48 trillion. Just under 98% of its profits come from advertising, which leverages user data from more than 7 billion monthly users.




    Read more:
    How Internet of Things devices affect your privacy – even when they’re not yours


    What your data is worth

    Before mobile phones gained apps and social media became ubiquitous, companies conducted large-scale demographic surveys to assess how well a product performed and to get information about the best places to sell it. They used the information to create coarsely targeted ads that they placed on billboards, print ads and TV spots.

    Mobile apps and social media platforms now let companies gather much more fine-grained information about people at a lower cost. Through apps and social media, people willingly trade personal information for convenience. In 2007 – a year after the introduction of targeted ads – Facebook made over $153 million, triple the previous year’s revenue. In the past 17 years, that number has increased by more than 1,000 times.

    Five ways to leave your data

    App and social media companies collect your data in many ways. Meta is a representative case. The company’s privacy policy highlights five ways it gathers your data:

    First, it collects the profile information you fill in. Second, it collects the actions you take on its social media platforms. Third, it collects the people you follow and friend. Fourth, it keeps track of each phone, tablet and computer you use to access its platforms. And fifth, it collects information about how you interact with apps that corporate partners connect to its platforms. Many apps and social media platforms follow similar privacy practices.

    Your data and activity

    When you create an account on an app or social media platform, you provide the company that owns it with information like your age, birth date, identified sex, location and workplace. In the early years of Facebook, selling profile information to advertisers was that company’s main source of revenue. This information is valuable because it allows advertisers to target specific demographics like age, identified gender and location.

    And once you start using an app or social media platform, the company behind it can collect data about how you use the app or social media. Social media keeps you engaged as you interact with other people’s posts by liking, commenting or sharing them. Meanwhile, the social media company gains information about what content you view and how you communicate with other people.

    Advertisers can find out how much time you spent reading a Facebook post or that you spent a few more seconds on a particular TikTok video. This activity information tells advertisers about your interests. Modern algorithms can quickly pick up subtleties and automatically change the content to engage you in a sponsored post, a targeted advertisement or general content.

    Your devices and applications

    Companies can also note what devices, including mobile phones, tablets and computers, you use to access their apps and social media platforms. This shows advertisers your brand loyalty, how old your devices are and how much they’re worth.

    Because mobile devices travel with you, they have access to information about where you’re going, what you’re doing and who you’re near. In a lawsuit against Kochava Inc., the Federal Trade Commission called out the company for selling customer geolocation data in August 2022, shortly after Roe v Wade was overruled. The company’s customers, including people who had abortions after the ruling was overturned, often didn’t know that data tracking their movements was being collected, according to the commission. The FTC alleged that the data could be used to identify households.

    Kochava has denied the FTC’s allegations.

    Information that apps can gain from your mobile devices includes anything you have given an app permission to have, such as your location, who you have in your contact list or photos in your gallery.

    If you give an app permission to see where you are while the app is running, for instance, the platform can access your location anytime the app is running. Providing access to contacts may provide an app with the phone numbers, names and emails of all the people that you know.

    Cross-application data collection

    Companies can also gain information about what you do across different apps by acquiring information collected by other apps and platforms.

    The settings on an Android phone show that Meta uses information it collects about you to target ads it shows you in its apps – and also in other apps and on other platforms – by default.
    Jack West, CC BY-ND

    This is common with social media companies. This allows companies to, for example, show you ads based on what you like or recently looked at on other apps. If you’ve searched for something on Amazon and then noticed an ad for it on Instagram, it’s probably because Amazon shared that information with Instagram.

    This combined data collection has made targeted advertising so accurate that people have reported that they feel like their devices are listening to them.

    Companies, including Google, Meta, X, TikTok and Snapchat, can build detailed user profiles based on collected information from all the apps and social media platforms you use. They use the profiles to show you ads and posts that match your interests to keep you engaged. They also sell the profile information to advertisers.

    Meanwhile, researchers have found that Meta and Yandex, a Russian search engine, have overcome controls in mobile operating system software that ordinarily keep people’s web-browsing data anonymous. Each company puts code on its webpages that used local IPs to pass a person’s browsing history, which is supposed to remain private, to mobile apps installed on that person’s phone, de-anonymizing the data. Yandex has been conducting this tracking since 2017, while Meta began in September 2024, according to the researchers.

    What you can do about it

    If you use apps that collect your data in some way, including those that give you directions, track your workouts or help you contact someone, or if you use social media platforms, your privacy is at risk.

    Aside from entirely abandoning modern technology, there are several steps you can take to limit access – at least in part – to your private information.

    Read the privacy policy of each app or social media platform you use. Although privacy policy documents can be long, tedious and sometimes hard to read, they explain how social media platforms collect, process, store and share your data.

    Check a policy by making sure it can answer three questions: what data does the app collect, how does it collect the data, and what is the data used for. If you can’t answer all three questions by reading the policy, or if any of the answers don’t sit well with you, consider skipping the app until there’s a change in its data practices.

    Remove unnecessary permissions from mobile apps to limit the amount of information that applications can gather from you.

    Be aware of the privacy settings that might be offered by the apps or social media platforms you use, including any setting that allows your personal data to affect your experience or shares information about you with other users or applications.

    These privacy settings can give you some control. We recommend that you disable “off-app activity” and “personalization” settings. “Off-app activity” allows an app to record which other apps are installed on your phone and what you do on them. Personalization settings allow an app to use your data to tailor what it shows you, including advertisements.

    Review and update these settings regularly because permissions sometimes change when apps or your phone update. App updates may also add new features that can collect your data. Phone updates may also give apps new ways to collect your data or add new ways to preserve your privacy.

    Use private browser windows or reputable virtual private networks software, commonly referred to as VPNs, when using apps that connect to the internet and social media platforms. Private browsers don’t store any account information, which limits the information that can be collected. VPNs change the IP address of your machine so that apps and platforms can’t discover your location.

    Finally, ask yourself whether you really need every app that’s on your phone. And when using social media, consider how much information you want to reveal about yourself in liking and commenting on posts, sharing updates about your life, revealing locations you visited and following celebrities you like.


    This article is part of a series on data privacy that explores who collects your data, what and how they collect, who sells and buys your data, what they all do with it, and what you can do about it.

    Kassem Fawaz receives funding from the National Science Foundation. In the past, his research group has received unrestricted gifts from Meta and Google.

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

    ref. The hidden cost of convenience: How your data pulls in hundreds of billions of dollars for app and social media companies – https://theconversation.com/the-hidden-cost-of-convenience-how-your-data-pulls-in-hundreds-of-billions-of-dollars-for-app-and-social-media-companies-251698

    MIL OSI

  • MIL-OSI Submissions: Why the US bombed a bunch of metal tubes − a nuclear engineer explains the importance of centrifuges to Iranian efforts to build nuclear weapons

    Source: The Conversation – USA – By Anna Erickson, Professor of Nuclear and Radiological Engineering, Georgia Institute of Technology

    An image from Iranian television shows centrifuges lining a hall at Iran’s Natanz uranium enrichment facility in 2021. IRIB via APPEAR

    When U.S. forces attacked Iran’s nuclear facilities on June 21, 2025, the main target was metal tubes in laboratories deep underground. The tubes are centrifuges that produce highly enriched uranium needed to build nuclear weapons.

    Inside of a centrifuge, a rotor spins in the range of 50,000 to 100,000 revolutions per minute, 10 times faster than a Corvette engine’s crankshaft. High speeds are needed to separate lighter uranium-235 from heavier uranium-238 for further collection and processing. Producing this level of force means the rotor itself must be well balanced and strong and rely on high-speed magnetic bearings to reduce friction.

    Over the years, Iran has produced thousands of centrifuges. They work together to enrich uranium to dangerous levels – close to weapons-grade uranium. Most of them are deployed in three enrichment sites: Natanz, the country’s main enrichment facility, Fordow and Isfahan. Inside of these facilities, the centrifuges are arranged into cascades – series of machines connected to each other. This way, each machine yields slightly more enriched uranium, feeding the gas produced into its neighbor to maximize production efficiency.

    As a nuclear engineer who works on nuclear nonproliferation, I track centrifuge technology, including the Iranian enrichment facilities targeted by the U.S. and Israel. A typical cascade deployed in Iran is composed of 164 centrifuges, working in series to produce enriched uranium. The Natanz facility was designed to hold over 50,000 centrifuges.

    Iran’s early intentions to field centrifuges on a very large scale were clear. At the peak of the program in the early 2010s it deployed over 19,000 units. Iran later scaled down the number of its centrifuges in part due to international agreements such as the since scrapped Joint Comprehensive Plan of Action signed in 2015.

    Legacy of enrichment

    Iran has a long history of enriching uranium.

    In the late 1990s, it acquired a Pakistani centrifuge design known as P-1. The blueprints and some components were supplied via the A.Q. Khan black market network – the mastermind of the Pakistani program and a serious source of nuclear proliferation globally. Today, the P-1 design is known as IR-1. IR-1 centrifuges use aluminum and a high-strength alloy, known as maraging steel.

    About one-third of the centrifuges that were deployed at the sites of the recent strike on June 21 are IR-1. Each one produces on the order of 0.8 separative work units, which is the unit for measuring the amount of energy and effort needed to separate uranium-235 molecules from the rest of the uranium gas. To put this in perspective, one centrifuge would yield about 0.2 ounces (6 grams) of 60%-enriched uranium-235 per year.

    A typical uranium-based weapon requires 55 pounds (25 kilograms) of 90%-enriched uranium. To get to weapons-grade level, a single centrifuge would produce only 0.14 ounces (4 grams) per year. It requires more work to go higher in enrichment. While capable of doing the job, the IR-1 is quite inefficient.

    The author explains the uranium enrichment process to CBS News.

    More and better centrifuges

    Small yields mean that over 6,000 centrifuges would need to work together for a year to get enough material for one weapon such as a nuclear warhead. Or the efficiency of the centrifuges would have to be improved. Iran did both.

    Before the strike by U.S. forces, Iran was operating close to 7,000 IR-1 centrifuges. In addition, Iran designed, built and operated more efficient centrifuges such as the IR-2m, IR-4 and IR-6 designs. Comparing the IR-1 with the latest designs is like comparing a golf cart with the latest electric vehicles in terms of range and payload.

    Iran’s latest centrifuge designs contain carbon fiber composites with exceptional strength and durability and low weight. This is a recipe for producing light and compact centrifuges that are easier to conceal from inspections. According to the international nuclear watchdog International Atomic Energy Agency, before the strike Iran was operating 6,500 IR-2m centrifuges, close to 4,000 IR-4 centrifuges and over 3,000 IR-6 centrifuges.

    With each new generation, the separative work unit efficiency increased significantly. IR-6 centrifuges, with their carbon fiber rotors, can achieve up to 10 separative work units per year. That’s about 2.8 ounces (80 grams) of 60%-enriched uranium-235 per year. The International Atomic Energy Agency verified that the IR-6 cascades have been actively used to ramp up production of 60%-enriched uranium.

    The most recent and advanced centrifuges developed by Iran, known as IR-9, can achieve 50 separative work units per year. This cuts down the time needed to produce highly enriched uranium for weapon purposes from months to weeks. The other aspect of IR-9 advanced centrifuges is their compactness. They are easier to conceal from inspections or move underground, and they require less energy to operate.

    Advanced centrifuges such as the IR-9 drive up the risk of nuclear weapons proliferation significantly. Fortunately, the International Atomic Energy Agency reports that only one exists in testing laboratories, and there is no evidence Iran has deployed them widely. However, it’s possible more are concealed.

    Bombs or talks?

    Uranium enrichment of 60% is far beyond the needs of any civilian use. The International Atomic Energy Agency confirmed that Iran stockpiled about 880 pounds (400 kilograms) of highly enriched uranium before the attack, and it might have escaped intact. That’s enough to make 10 weapons. The newer centrifuges – IR-2m, IR-4 and IR-6 – would need a bit over eight months to produce that much.

    It’s not clear what the U.S. attack has accomplished, but destroying the facilities targeted in the attack and hindering Iran’s ability to continue enriching uranium might be a way to slow Iran’s move toward producing nuclear weapons. However, based on my work and research on preventing nuclear proliferation, I believe a more reliable means of preventing Iran from achieving its nuclear aims would be for diplomacy and cooperation to prevail.

    Anna Erickson receives funding from Department of Energy National Nuclear Security Administration (NNSA) related to nuclear nonproliferation technologies. She has previously served on the Board of Directors of the American Nuclear Society.

    ref. Why the US bombed a bunch of metal tubes − a nuclear engineer explains the importance of centrifuges to Iranian efforts to build nuclear weapons – https://theconversation.com/why-the-us-bombed-a-bunch-of-metal-tubes-a-nuclear-engineer-explains-the-importance-of-centrifuges-to-iranian-efforts-to-build-nuclear-weapons-259883

    MIL OSI

  • MIL-OSI Submissions: Toxic fungus from King Tutankhamun’s tomb yields cancer-fighting compounds – new study

    Source: The Conversation – UK – By Justin Stebbing, Professor of Biomedical Sciences, Anglia Ruskin University

    Miro Varcek / Shutterstock.com

    In November 1922, archaeologist Howard Carter peered through a small hole into the sealed tomb of King Tutankhamun. When asked if he could see anything, he replied: “Yes, wonderful things.” Within months, however, Carter’s financial backer Lord Carnarvon was dead from a mysterious illness. Over the following years, several other members of the excavation team would meet similar fates, fuelling legends of the “pharaoh’s curse” that have captivated the public imagination for just over a century.

    For decades, these mysterious deaths were attributed to supernatural forces. But modern science has revealed a more likely culprit: a toxic fungus known as Aspergillus flavus. Now, in an unexpected twist, this same deadly organism is being transformed into a powerful new weapon in the fight against cancer.

    Aspergillus flavus is a common mould found in soil, decaying vegetation and stored grains. It is infamous for its ability to survive in harsh environments, including the sealed chambers of ancient tombs, where it can lie dormant for thousands of years.

    When disturbed, the fungus releases spores that can cause severe respiratory infections, particularly in people with weakened immune systems. This may explain the so-called “curse” of King Tutankhamun and similar incidents, such as the deaths of several scientists who entered the tomb of Casimir IV in Poland in the 1970s. In both cases, investigations later found that A flavus was present, and its toxins were probably responsible for the illnesses and deaths.

    Despite its deadly reputation, Aspergillus flavus is now at the centre of a remarkable scientific finding. Researchers at the University of Pennsylvania have discovered that this fungus produces a unique class of molecules with the potential to fight cancer.

    These molecules belong to a group called ribosomally synthesised and post-translationally modified peptides, or RiPPs. RiPPs are made by the ribosome – the cell’s protein factory – and are later chemically altered to enhance their function.

    While thousands of RiPPs have been identified in bacteria, only a handful have been found in fungi – until now.

    The process of finding these fungal RiPPs was far from simple. The research team screened a dozen different strains or types of aspergillus, searching for chemical clues that might indicate the presence of these promising molecules. Aspergillus flavus quickly stood out as a prime candidate.

    The researchers compared the chemicals from different fungal strains to known RiPP compounds and found promising matches. To confirm their discovery, they switched off the relevant genes and, sure enough, the target chemicals vanished, proving they had found the source.

    Purifying these chemicals proved to be a significant challenge. However, this complexity is also what gives fungal RiPPs their remarkable biological activity.

    The team eventually succeeded in isolating four different RiPPs from Aspergillus flavus. These molecules shared a unique structure of interlocking rings, a feature that had never been described before. The researchers named these new compounds “asperigimycins”, after the fungus in which they were found.

    The next step was to test these asperigimycins against human cancer cells. In some cases, they stopped the growth of cancer cells, suggesting that asperigimycins could one day become a new treatment for certain types of cancer.

    The team also worked out how these chemicals get inside cancer cells. This discovery is significant because many chemicals, like asperigimycins, have medicinal properties but struggle to enter cells in large enough quantities to be useful. Knowing that particular fats (lipids) can enhance this process gives scientists a new tool for drug development.

    Further experiments revealed that asperigimycins probably disrupt the process of cell division in cancer cells. Cancer cells divide uncontrollably, and these compounds appear to block the formation of microtubules, the scaffolding inside cells that are essential for cell division.

    Tremendous untapped potential

    This disruption is specific to certain types of cells, so this may in turn reduce the risk of side-effects. But the discovery of asperigimycins is just the beginning. The researchers also identified similar clusters of genes in other fungi, suggesting that many more fungal RiPPs remain to be discovered.

    Almost all the fungal RiPPs found so far have strong biological activity, making this an area with tremendous untapped potential. The next step is to test asperigimycins in other systems and models, with the hope of eventually moving to human clinical trials. If successful, these molecules could join the ranks of other fungal-derived medicines, such as penicillin, which revolutionised modern medicine.

    The story of Aspergillus flavus is a powerful example of how nature can be both a source of danger and a wellspring of healing. For centuries, this fungus was feared as a silent killer lurking in ancient tombs, responsible for mysterious deaths and the legend of the pharaoh’s curse. Today, scientists are turning that fear into hope, harnessing the same deadly spores to create life-saving medicines.

    This transformation, from curse to cure, highlights the importance of continued exploration and innovation in the natural world. Nature has in fact provided us with an incredible pharmacy, filled with compounds that can heal as well as harm. It is up to scientists and engineers to uncover these secrets, using the latest technologies to identify, modify and test new molecules for their potential to treat disease.

    The discovery of asperigimycins is a reminder that even the most unlikely sources – such as a toxic tomb fungus – can hold the key to revolutionary new treatments. As researchers continue to explore the hidden world of fungi, who knows what other medical breakthroughs may lie just beneath the surface?

    Justin Stebbing 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. Toxic fungus from King Tutankhamun’s tomb yields cancer-fighting compounds – new study – https://theconversation.com/toxic-fungus-from-king-tutankhamuns-tomb-yields-cancer-fighting-compounds-new-study-259706

    MIL OSI

  • MIL-OSI Submissions: How Trump plays with new media says a lot about him – as it did with FDR, Kennedy and Obama

    Source: The Conversation – UK – By Sara Polak, University Lecturer in American Studies, Leiden University

    There is a strange and worrying parallel between the breakneck speed at which Donald Trump has operated in the first few months of his presidency and the ever-accelerating pace at which information moves on social media platforms. Where in his first term he used Twitter, now, the 47th US president is using his own platform, TruthSocial, to announce changes of direction that are sometimes so fundamental that they change decades of US policy.

    Social media has become a key tool of governing for Trump’s administration. He uses it both to make announcements and to drum up support for those announcements. His social media posts can move the markets and make or break careers. They can even, it seems, stop wars.

    So when he used TruthSocial to announce a ceasefire between Israel and Iran on June 23, giving the two countries a deadline to stop firing missiles, it appears that neither of the antagonists were fully aware of the situation, given they carried on attacking each other. So an all-caps message followed: “ISRAEL. DO NOT DROP THOSE BOMBS,” he posted. “BRING YOUR PILOTS HOME, NOW!” – adding, just in case anyone had any doubt he was serious: “DONALD J. TRUMP, PRESIDENT OF THE UNITED STATES.”

    Trump’s use of his TruthSocial platform began as he sought to re-establish himself from the political wilderness after the insurrection of January 6 2021. It has now become a tool of his extreme power and his willingness to use (and abuse) it – globally as well as domestically.


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    He’s the latest in a string of US presidents known for their adroit use of whichever is the medium most guaranteed to connect with the greatest number of people. From Theodore “Teddy” Roosevelt’s adept cultivation of print journalists in the early 20th century through Franklin D. Roosevelt’s comforting use of radio as it gained popularity and John F. Kennedy’s mastery of the rising medium of television, presidents have expanded their reach and influence through adept use of media.

    FDR’s “fireside chats”, broadcast on the radio throughout the US in the 1930s, reached an estimated 80% of the population, showing he understood the key media principle of reach. Roosevelt would address his listeners as “my friends” and Americans came to understand them as seemingly intimate conversations with their president.

    FDR dominated the airwaves at a time when many Americans hardly understood the important role that the federal government played in their own lives – and millions of households were only just getting mains electricity (thanks to the Rural Electrification Act of 1936). But radios were becoming a common mass medium and FDR perfectly understood how to use it. If you listen to the fireside chats, FDR may sound patrician – and at times formal – but his tone is also friendly, thoughtful and reassuring.

    In Germany at around the same time, Adolf Hitler’s massive stadium speeches were very effective for people who were in the stadium and being lifted by the intensity of the crowd and all the carefully thought out visual cues. But when broadcast on radio, Hitler had nothing like Roosevelt’s ability to connect with people on a personal level.

    Roosevelt was hardly the first leader – or even the first US president – to speak on the radio. But he was the first to master the medium. He figured out how to use its potential to deliver a key implicit message: that his government should and did take on a central role in people’s lives.

    Equally, John F. Kennedy can be said to have “discovered” political television. Not just as a medium for political campaigns, debates and speeches – but also for putting across to a mass audience his role as the embodiment of American decency, beauty and masculinity: JFK’s White House as Camelot.

    JFK was considered a master of the fast-growing medium of television.

    Both Roosevelt and Kennedy were in several ways physically disabled and lived with chronic illness, yet through the “new medium” of their time were able to project an image of quintessentially American strength and trustworthiness. In part this was their own doing – but it’s also a testament to the power of the media they used for their time.

    Mastering the medium

    These possibilities of a medium used to its best advantage – for example, to be heard around the US, but still to project a sense of intimacy – have become known as the “affordances” of a medium. The medium afforded Roosevelt space to be authentic without showing his disability. Kennedy appeared young, fit and handsome – even when dependent on painkillers.

    When a new medium is introduced, people start to play around with its affordances – and this applies to politicians too. Political leaders who develop a special aptitude for using the new medium to emphasise their unique style can become particularly successful, as has Donald Trump with his use of social media.

    The US president rose to power helped by his adept use of many of Twitter’s attributes – the imposed brevity of his messages, the ease of retweeting, the tendency for other users to “pile on” (and the user anonymity, which tends to encourage pile-ons) to polarise American public debate.

    Trump was forced off Twitter after the Capitol Hill insurrection of January 6 2021. So he came back with his own platform, TruthSocial, where he can also make the rules. And now he uses the platform to make foreign policy, trumpeting his positions (which can change with bewildering speed) on TruthSocial well before they can be announced by the White House press team, which often has to scramble to catch up.

    When Canadian communication theorist Marshall McLuhan penned his famous phrase: “The medium is the message” in his groundbreaking 1964 study, Understanding Media: The Extensions of Man, he meant to say that media form and content are not as distinct from one another as one might think and that the form of a medium of communication can shape society as much as its content. In Donald Trump’s use of social media, we are seeing this idea at work.

    Sara Polak 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. How Trump plays with new media says a lot about him – as it did with FDR, Kennedy and Obama – https://theconversation.com/how-trump-plays-with-new-media-says-a-lot-about-him-as-it-did-with-fdr-kennedy-and-obama-248923

    MIL OSI

  • MIL-OSI Submissions: The Bear season 4: this meaty restaurant drama is still an enticing bingeable prospect

    Source: The Conversation – UK – By Jane Steventon, Course Leader, BA (Hons) Screenwriting; Deputy Course Leader & Senior Lecturer, BA (Hons) Film Production, University of Portsmouth

    Take a soupçon of identity crisis, a pinch of perfectionism, a scoop of burnout and mix thoroughly with a large measure of fraternal grief and sear over a hot grill and voilà! You have The Bear, a perfectly blended drama about a chef on the edge, driven by relentless ambition and exacting standards as he turns his family’s humble sandwich shop into a fine-dining restaurant.

    This intoxicating family drama was eaten up by critics and audiences alike in 2022, its first season garnering a rare perfect 100% score on Rotten Tomatoes, the subsequent two reaching scores of 99% and 89% respectively. It’s certainly a hard act to follow for season four.

    The first ten minutes of The Bear’s pilot episode thrillingly defined what was to come in high-octane style and scene-setting detail. The first season delivered a clever mix of authentic dialogue and setting, relatable family dysfunction and dynamic production style.

    Showstopping scenes of stressful kitchen heat were served up alongside a delectable range of new and established talent in the form of Jeremy Allen White (Carmy), Ebon Moss-Bachrach (Richie), Ayo Edebiri (Sydney) and Oliver Platt (Cicero/Uncle Jimmy).


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    In charge is showrunner Christopher Storer, who came up with the concept after being inspired by his friend’s father Chris Zucchero, the owner of Chicago sandwich joint Mr Beef.

    With his professional chef sister also serving as a consultant, Storer succeeded in creating a deliciously authentic and intensely real drama. Buoyed along the way by 21 Emmys and five Golden Globes, Storer also watched his cast ascend, the tortured-soul performance of White garnering particular praise.

    Testing the parameters of a long-running show, Storer focused in on the entire cast of characters and their backstories, a successful tactic used by shows such as Orange is the New Black to keep the drama – largely confined to a kitchen set – fresh.

    Pulling in Hollywood die-hards Oliver Platt and Jamie Lee Curtis for familial tough-love roles further enriched the mix, often using a non-chronological timeframe to go back to moments of family turbulence and tension. This made for three-dimensional characters and enabled evolution around difficult themes such as the aftermath of suicide and generational trauma.

    The Bear has come a long way in three seasons, starting with a spit and sawdust establishment serving up the lunchtime beef sandwiches for its working customers.

    Carmy’s experience and longing for the high-end restaurant of his dreams hurtled forward in season two, as he sent his core crew off in different directions to hone their skills and help form his vision. A restaurant trying to win success but plagued with challenges, there were exhausting familial tensions embedded in every episode of season three.

    Several themes play out in The Bear: love, family, loyalty, community and purpose. The relationship between Carmy and cousin Richie (not a real cousin, but a term of endearment) is key to linking past and future. Richie provides some of the highlights of comedy and pathos as he spits truth bombs, most frequently at talented sous-chef Syd.

    It is Syd who follows Carmy’s aspirations for gastronomic perfection but can’t abide the lack of order or the intense highs and lows that inevitably go hand in hand with his talent. And this is one central question to consider for the latest series: just how long will the audience remain loyal to Carmy and his endless quest for artistry in a high-failure rate industry?

    It’s all in the sauce

    Storer begins season four with a ghost. Carmy and his dead brother Mikey (Jon Berthal) banter in a seven-minute scene, with Carmy ultimately confiding the dream of a restaurant as Mikey watches him make tomato sauce (“too much garlic”). The tomatoes resonate: Mikey left behind money hidden in tomato cans that ended up saving Carmy’s sanity and his dream of a proper restaurant.

    Just as oranges represent death to Frances Ford Coppola, Storer uses tomatoes to underscore themes; here they symbolise familial loyalty and history, a solid base to a meal, a core ingredient. Mikey was one of the core ingredients in Carmy’s life, and now he’s gone.

    Carmy awakens to a rerun of Groundhog Day on late-night TV and fittingly, we too are back – same dish, now more seasoned and enriched with its core ingredients and ready to serve up a big bowlful of family, love, ambition, strife and grief.

    The episode furthers the theme of loyalty as the restaurant receives The Tribune’s review – the cliffhanger of the season three finale. Naturally, Storer doesn’t let up – the food critic highlights “dissonance” and Carmy is back in emotional chaos, with Syd urging him to lighten up and lose the misery.

    In truth, this series could do with adding some more humour in the mix; the teasing and frivolous banter of season one has got somewhat lost in the seasons that followed.

    Storer ramps up the tension, setting several ticking clocks in place: chiefly Uncle Jimmy’s notice period for the business to turn a profit is literally installed on a digital clock in the kitchen. Then Syd’s headhunter calls, offering her desired autonomy and an exit strategy from the chaos.

    And Carmy raises the stakes with an intention to gain a Michelin star. Thus a heroic journey is set in place for the whole cast, with future battles both internal and external laid out.

    There’s too much going on at this feast and the feeling of being stuffed full of story is tangible by the end of the first episode. Still, with a season lining up more emotional turbulence steered by White, more celebrity cameos (Brie Larson and Rob Reiner are lined up) and the excellent cinematography and performances that we have come to expect, Storer stirs his secret sauce.

    The Bear still offers an entertaining and enticing proposition, bingeable and mostly satisfying.

    Jane Steventon 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. The Bear season 4: this meaty restaurant drama is still an enticing bingeable prospect – https://theconversation.com/the-bear-season-4-this-meaty-restaurant-drama-is-still-an-enticing-bingeable-prospect-260143

    MIL OSI

  • MIL-OSI Submissions: Five ways to avoid illness like the Lionesses

    Source: The Conversation – UK – By Samantha Abbott, Doctoral Researcher, Department of Sport Science, Nottingham Trent University

    England’s Beth Mead cheering on podium after win v Germany in the Women European Championship Final 2022 photographyjp/Shutterstock

    Think back to the last time you had a cold or the flu. Now imagine stepping onto the pitch for a European Cup final, while battling through those symptoms. For elite athletes, illness can strike at the worst possible time – and it could hit women harder.

    Research suggests that female athletes are more susceptible to cold and flu-like illnesses than their male counterparts. For England women’s national football team, the Lionesses, this risk only increases before a major tournament like the Euros.

    Close contact, shared kit, disrupted sleep and travel all add up to a perfect storm for infection. But targeted nutritional strategies, alongside good sleep and hand hygiene, can offer a crucial line of defence.


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    1. Fuel first: energy matters for immunity

    Before anything else, players need to eat enough. Energy supports both performance and immune function. In fact, female athletes who didn’t meet their energy needs in the run-up to the 2016 Olympics were four times more likely to report cold or flu symptoms.

    This is especially relevant in women’s football, where low energy and carbohydrate intake has been documented among professional players and recreational players too. Regular meals and snacks that include carbohydrate-rich foods like oats, bread and pasta, especially around training, are essential to meet energy demands and support immune health.

    2. Eat the rainbow

    Athletes are often encouraged to go beyond the public’s five-a-day fruit and veg target, aiming instead for eight to ten portions daily. Why? Because colourful plant foods are packed with vitamins, minerals, antioxidants and anti-inflammatory compounds: all vital for immunity.




    Read more:
    We’re told to ‘eat a rainbow’ of fruit and vegetables. Here’s what each colour does in our body


    Each colour offers unique benefits. For instance, red fruits and vegetables, such as tomatoes, contain lycopene, a powerful antioxidant. Orange produce like carrots get their colour from beta-carotene, which is converted by the body into vitamin A – a key vitamin for immune health.

    Eating a rainbow of colours means getting a wide range of nutrients.

    3. Vitamin C: powerful but timing matters

    Vitamin C has long been linked with reducing the risk and severity of cold and flu symptoms. One Cochrane review found that regular vitamin C intake halved the risk of illness in physically active people.

    However, more isn’t always better. Long-term use of high-dose vitamin C supplements could blunt training adaptations – the structural and functional changes the body undergoes in response to repeated exercise – because of its anti-inflammatory effects. That’s why vitamin C is most effective when used strategically, such as during high-risk periods like travel or intense competition. Good food sources include oranges, kiwis, blackcurrants, red and yellow peppers, broccoli and even potatoes.

    4. Gut health supports immune health

    Around 70% of the immune system is located in the gut, making gut health a key player in illness prevention. This is where probiotics (live bacteria) and prebiotics (which feed those bacteria) come in.

    Probiotics, found in fermented foods like kefir and kimchi or in supplement form, have been shown to reduce the duration and severity of respiratory illnesses in athletes. Prebiotics have similarly shown promise. In one study, a 24-week prebiotic intervention in elite rugby players reduced the duration of cold and flu symptoms by over two days.




    Read more:
    Gut microbiome: meet Lactobacillus acidophilus – the gut health superhero


    In the build-up to the Euros, including probiotic-rich foods in their diet or taking a daily prebiotic and probiotic supplement may help players stay healthy and return to training faster if they do get ill.

    5. Zinc lozenges: first aid for a sore throat

    If cold-like symptoms do appear, zinc lozenges can offer fast-acting relief. Zinc has antiviral, antioxidant and anti-inflammatory properties. When zinc is delivered as a lozenge, it acts directly in the throat, where many infections begin. Taken within 24 hours of symptoms starting, zinc lozenges could shorten illness duration by a third.

    But caution is key. Long-term use of high-dose zinc supplements can actually suppress immune function. Zinc lozenges should only be used short-term at symptom onset, not as a daily supplement.

    Staying match-ready during major tournaments means more than just tactical drills and fitness. Nutrition is a powerful ally in illness prevention, especially for women’s teams like the Lionesses. From fuelling adequately to supporting gut health and knowing when to supplement, these nutritional strategies can make the difference between sitting on the bench and bringing a trophy home.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    ref. Five ways to avoid illness like the Lionesses – https://theconversation.com/five-ways-to-avoid-illness-like-the-lionesses-259302

    MIL OSI

  • MIL-OSI United Nations: Unlock Financing through UN Joint SDG Fund, Urges Deputy Secretary-General at Sevilla Conference

    Source: United Nations 4

    Following are UN Deputy Secretary-General Amina Mohammed’s remarks at the side event, “Catalysing Change:  Unlocking Impactful Financing at Scale through the UN Joint SDG Fund”, during the Financing for Development Conference in Sevilla, Spain:

    I am delighted to join you today to showcase how the UN Joint SDG Fund is turning the Financing for Development 4 vision into a reality on the ground.  Ten years into the implementation of the 2030 Agenda [for Sustainable Development], we face a stark reality:  while progress on the SDGs [Sustainable Development Goals] has delivered for millions, it has not kept pace with the scale of global challenges. The financing gap for the SDGs now exceeds $4 trillion annually, while multiple crises and shifting priorities threaten our collective ambition.

    Delivering on the vision of the 2030 Agenda requires finding and scaling-up innovative solutions.  This is the purpose of the Joint SDG Fund.  The Fund is an innovative and powerful instrument to drive change, break siloed approaches, and unlock financing at scale.

    Since its inception, the Fund has committed over $380 million, enabling a whole-of-UN-system response to pressing challenges.  This commitment has leveraged a further $6.6 billion in contributions from the wider ecosystem of development partners at country level.

    This is a clear demonstration of how finite resources, applied strategically, can crowd-in far greater volumes of capital, and result in far greater impact for the SDGs.

    The secret to the Fund’s success is its innovative approach to financing. Through blended and innovative finance mechanisms — from SDG bonds to energy financing facilities to credit enhancement guarantees — the Fund demonstrates how strategic risk-sharing can attract private capital for sustainable development, while bringing partners together to deliver solutions.

    Consider the following five examples:

    In Indonesia, the Joint SDG Fund supported green and social investments, mobilizing $4.6 billion through specialized bonds that benefited over 7.5 million students and restored 50,000 hectares of mangrove forests.

    In Uruguay, the Renewable Energy Innovation Fund achieved a 1:6 leverage ratio by partnering with seven banks that together account for 80 per cent of the country’s financial sector.

    Kenya’s innovative health financing reached over 1.5 million young people through results-based payment mechanisms working with impact investors.

    North Macedonia’s Green Finance Facility channels resources through six local banks, directing $46.5 million toward environmental projects while supporting women-headed households, Roma communities, and persons with disabilities.  This was achieved in partnership with the European Bank for Reconstruction and Development and others.

    And Zimbabwe’s Renewable Energy Fund showcases how partnerships with private equity funds, such as Old Mutual, can mobilize capital for women and youth-led enterprises in challenging markets.

    These are just a few powerful examples.

    The Fund’s success also stems from its unique positioning within the UN development system, leveraging UN resident coordinators’ convening role and UN country teams’ technical expertise.

    Fundamentally, the Fund represents multilateralism at its most effective — creating a collaborative platform extending beyond the UN system to enable and grow partnerships across the development and finance community.

    But delivering on the Fund’s full potential requires expanded partnership. I call on all Member States, development finance institutions, and private sector partners to deepen engagement with the Fund — not only through financial commitments but through strategic partnerships to keep pushing the boundaries of what is possible.

    Today, we will hear about success stories from Zimbabwe to North Macedonia, from Cabo Verde to Suriname.  These prove that, with the right instruments and partnerships, we can turn global commitments into tangible local transformation.

    The Financing for Development 4 outcome document, the “Sevilla Commitment,” calls for a global SDG investment push.  This is possible by elevating the role of governments in guiding strategic investments; by all development partners, including development banks, working as a system; by removing barriers to private capital; and by ensuring that investments from all partners are designed to deliver the greatest possible impact.

    The Fund stands ready to support and enable this important vision.  With innovation, partnerships, and the catalytic financing that the Joint SDG Fund provides, sustainable development for all remains within our reach.  Let’s get there together.

    MIL OSI United Nations News

  • MIL-OSI: Amplify Energy Announces Sale of Non-Operated Eagle Ford Assets

    Source: GlobeNewswire (MIL-OSI)

    HOUSTON, July 01, 2025 (GLOBE NEWSWIRE) — Amplify Energy Corp. (NYSE: AMPY) (“Amplify,” the “Company,” “us,” or “our”) announced today it entered into a definitive agreement to sell all of its non-operated working interest in its Eagle Ford assets to Murphy Exploration & Production Company — USA for a contract price of $23 million, subject to certain post-closing adjustments. The sale closed July 1, 2025 and has an effective date of June 15, 2025.

    The net proceeds from the sale will be used to pay down debt which will enhance the Company’s liquidity. With an improved balance sheet, Amplify is considering adding back high-return Beta development wells in 2025 that it had previously deferred in May. The Company expects to provide updated full-year 2025 guidance at the time it provides second quarter operating and financial results.

    Martyn Willsher, Amplify’s President and Chief Executive Officer stated, “The sale of our non-operated Eagle Ford assets is an important step forward in the transformation of Amplify Energy to a more streamlined and focused enterprise. We believe monetizing proved reserves and reinvesting those proceeds in high-return development wells at Beta will be value enhancing to our shareholders.”

    Mr. Willsher continued, “Reducing debt and accelerating Beta development are core tenets of our go-forward strategy. This deal is consistent with both of these objectives, and we believe we are receiving fair value for the divested assets. We will continue to look for other opportunities that align with our strategic intent.”

    About Amplify Energy

    Amplify Energy Corp. is an independent oil and natural gas company engaged in the acquisition, development, exploitation and production of oil and natural gas properties. Amplify’s operations are focused in Oklahoma, the Rockies (Bairoil), federal waters offshore Southern California (Beta), and East Texas / North Louisiana. For more information, visit www.amplifyenergy.com.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included in this press release that address activities, events or developments that the Company expects, believes or anticipates will or may occur in the future are forward-looking statements. Terminology such as “may,” “will,” “would,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “potential,” “pursue,” “target,” “outlook,” “continue,” the negative of such terms or other comparable terminology are intended to identify forward-looking statements. These statements address activities, events or developments that we expect or anticipate will or may occur in the future. These statements include, but are not limited to, statements about the anticipated impact of this proposed sale of assets on the Company’s business and future financial and operating results, the expected use of proceeds of this sale of assets, and the Company’s expectations of plans, goals, strategies (including measures to implement strategies), objectives and anticipated results with respect thereto. These forward-looking statements involve risks and uncertainties and other factors that could cause the Company’s actual results or financial condition to differ materially from those expressed or implied by forward-looking statements. These include risks and uncertainties relating to, among other things: the ability to complete this proposed sale of assets on the anticipated terms and timetable; the possibility that various closing conditions for this proposed sale of assets may not be satisfied or waived; the Company’s evaluation and implementation of strategic alternatives; risks related to the redetermination of the borrowing base under the Company’s revolving credit facility; the Company’s ability to satisfy debt obligations; the Company’s need to make accretive acquisitions or substantial capital expenditures to maintain its declining asset base, including the existence of unanticipated liabilities or problems relating to acquired or divested business or properties; volatility in the prices for oil, natural gas and NGLs; the Company’s ability to access funds on acceptable terms, if at all, because of the terms and conditions governing the Company’s indebtedness, including financial covenants; general political and economic conditions, globally and in the jurisdictions in which we operate, including the Russian invasion of Ukraine, and ongoing conflicts in the Middle East, trade wars and the potential destabilizing effect such conflicts may pose for the global oil and natural gas markets; expectations regarding general economic conditions, including inflation; and the impact of local, state and federal governmental regulations, including those related to climate change and hydraulic fracturing, and potential changes in these regulations. Please read the Company’s filings with the U.S. Securities and Exchange Commission (the “SEC”), including “Risk Factors” in the Company’s Annual Report on Form 10-K, and if applicable, the Company’s Quarterly Reports on Form 10-Q and Current Reports on Form 8-K, which are available on the Company’s Investor Relations website at https://www.amplifyenergy.com/investor-relations/sec-filings/default.aspx or on the SEC’s website at http://www.sec.gov, for a discussion of risks and uncertainties that could cause actual results to differ from those in such forward-looking statements. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. All forward-looking statements in this press release are qualified in their entirety by these cautionary statements. Except as required by law, the Company undertakes no obligation and does not intend to update or revise any forward-looking statements, whether as a result of new information, future results or otherwise.

    Contacts

    Jim Frew — Senior Vice President and Chief Financial Officer
    (832) 219-9044
    jim.frew@amplifyenergy.com

    Michael Jordan — Director, Finance and Treasurer
    (832) 219-9051
    michael.jordan@amplifyenergy.com

    The MIL Network

  • MIL-OSI Africa: Minister of State for International Cooperation Meets Norwegian Minister of International Development

    Source: Government of Qatar

    Seville, July 1, 2025

    HE Minister of State for International Cooperation Maryam bint Ali bin Nasser Al Misnad met Tuesday with HE Minister of International Development of the Kingdom of Norway Asmund Aukrustآ , on the sidelines of the 4th International Conference on Financing for Development being held in Seville, Spain.

    Discussions during the meeting dealt with cooperation relations between the two countries and means to support and enhance them, particularly in the fields of international development and humanitarian aid. 

    They also discussed the latest regional and international developments, in addition to a number of topics of common interest.

    MIL OSI Africa

  • MIL-OSI Africa: Qatar Affirms Strong Commitment to 2030 Agenda Implementation

    Source: Government of Qatar

    Sevilla, July 01, 2025

    The State of Qatar reaffirmed its strong commitment to supporting the implementation of the 2030 Agenda and to enhancing international cooperation for inclusive and sustainable development.

    This came in the statement delivered by HE Minister of State for International Cooperation Maryam bint Ali bin Nasser Al Misnad at the 4th International Conference on Financing for Development, held in Seville, Spain.

    Her Excellency noted that since hosting the Doha Conference in 2008, the State of Qatar has maintained an active presence across all UN platforms dedicated to development financing, stemming from its deep belief in the importance of collective action to address global challenges, from the digital divide to climate change and the debt burdens faced by the least developed countries.

    In this context, Her Excellency cited the words of HH the Amir Sheikh Tamim bin Hamad Al-Thani, at the Fifth United Nations Conference on the Least Developed Countries, where he said that joint commitments must be transformed into national plans and effective policies within these countries. Her Excellency that this vision serves as the cornerstone of Qatar’s development policies and international partnerships.

    Her Excellency also highlighted the State of Qatar’s pride in its close partnership with the United Nations system and its continued dedication to supporting education, health, and resilience-building, especially in the most vulnerable countries, through an approach grounded in solidarity and human dignity. 

    MIL OSI Africa

  • MIL-OSI United Nations: Press Conference by Security Council President on Programme of Work for July

    Source: United Nations 4

    The Security Council will convene its signature event on 22 July — a high-level open debate on promoting international peace and security through multilateralism and the peaceful settlement of disputes — the Council’s President for the month said at a United Nations Headquarters press conference today.

    Asim Iftikhar Ahmad (Pakistan), who holds the 15-member organ’s rotating presidency for this month, said the open debate — held under the overarching theme of maintaining international peace and security — will be chaired by his country’s Deputy Prime Minister and Minister for Foreign Affairs, Mohammad Ishaq Dar. The Secretary-General is expected to brief the Council.  “The debate stems from the fact that today’s crises often emerge from unresolved disputes, erosion of international obligations and underutilization of peaceful means enshrined in the Charter,” he said.  The discussion will examine the effectiveness of existing dispute settlement mechanisms, identify barriers to implementing Council resolutions and explore ways to strengthen preventive diplomacy, mediation and technical support.  It will also reaffirm the commitments made in the Pact for the Future towards preventive diplomacy and the peaceful resolution of disputes.

    The Council will further hold a signature event on “Cooperation between the UN and regional and subregional organizations”, chaired also by Pakistan’s Deputy Prime Minister and Minister for Foreign Affairs.  It will spotlight UN’s engagement with the Organisation of Islamic Cooperation (OIC), which represents 57 member States across four continents and has played an increasingly important role in conflict prevention and mediation, humanitarian response and post-conflict recovery.  This meeting will explore ways to institutionalize and deepen this cooperation, particularly in relation to peace processes in various contexts.

    On 23 July, the Council will hold its quarterly open debate on the Middle East, including the Palestinian question, which will be elevated to the ministerial level.  The meeting will reaffirm the Council’s responsibility to protect civilians, uphold international humanitarian law and push for an immediate ceasefire, along with just and lasting solutions based on UN resolutions concerning the Palestinian question.

    Throughout July, the Council will consider several country-specific and thematic issues, primarily through mandated briefings and situational updates.  These will include discussions on Colombia, Haiti, Cyprus, Sudan, Syria, Yemen and the International Criminal Court, as well as consultations on Lebanon within the framework of resolution 1701 (2006).  The President of the Security Council reaffirmed his readiness to convene additional meetings should developments on the ground — particularly in Africa, the Middle East or Asia — warrant timely engagement.  On 29 July, the Council will also hold a briefing on UN Peace Operations, in the context of the Secretary-General’s ongoing review.

    “We are committed to an open and consultative Presidency,” he stated, outlining the Council’s working methods, which are grounded in transparency, inclusivity and close coordination among all 15 members.  He noted that the Council remains alert and responsive to global developments, with a particular focus on conflict zones such as in the Middle East, Africa, Sudan and the Democratic Republic of the Congo.

    He also responded to several questions posed by media correspondents, many of which concerned the situation in Gaza.  In his national capacity, he said the objective of the draft resolution — jointly proposed by China, the Russian Federation and his own country — is to achieve a ceasefire to the conflict. 

    In response to a question about the future role of Hamas in Gaza, he emphasized that this is an intra-Palestinian matter that “should be left to the Palestinians [themselves]”.

    Addressing a query about the Special Representative of the Secretary-General of the United Nations for Children and Armed Conflict’s recent report on children in Gaza, which the reporter described as “unfair”, he stressed that mandates such as children and armed conflict must be upheld universally and without selectivity. “[By] failing to do that, […] we are undermining these important mandates,” he warned.

    On the conflict between Israel and Iran, he spoke in his national capacity to reaffirm Pakistan’s principled position, grounded in international law and the Charter of the United Nations.  He noted that some discussions have deviated from Iran’s legitimate rights, highlighting that Tehran remains a party to the Treaty on the Non-Proliferation of Nuclear Weapons.  “The best way to address the Iranian nuclear issue in all its complexity is through dialogue and diplomacy,” he said.  However, he added, this path was seriously disrupted by the recent attacks, while expressing hope that “a window of opportunity” still exists to resume dialogue and reach a conclusive resolution in accordance with international law.

    Regarding the UN’s cooperation with regional and subregional organizations, he pointed to OIC’s growing role in areas such as counter-terrorism, counter-extremism and humanitarian affairs.  He emphasized the importance of deepening engagement between OIC and the Security Council.

    When asked about how the issue of Kashmir could be addressed in the Council, he responded in his national capacity that the dispute remains unresolved and continues to be a source of tension between India and Pakistan, hindering broader regional relations.  He emphasized that it is the Council’s responsibility — especially that of its permanent members — to take meaningful steps towards implementing their own resolutions.

    For the full programme of work, please see:  https://main.un.org/securitycouncil/en/content/programme-work.

    MIL OSI United Nations News

  • MIL-OSI USA News: WHAT THEY ARE SAYING: Senate Approves Landmark One Big Beautiful Bill

    Source: US Whitehouse

    The Senate delivered a resounding victory for American workers, farmers, and small businesses by passing President Donald J. Trump’s One Big Beautiful Bill — a transformative legislative package that locks in historic tax relief, delivers border security, reforms welfare, funds critical infrastructure, and more.

    Industry leaders and stakeholders nationwide hailed the Senate’s vote and called on the House to swiftly send the bill to President Trump’s desk:

    Airlines for America: “We are grateful that the Senate understands the urgent need to overhaul our nation’s air traffic control (ATC) system and included $12.5 billion in their reconciliation package for that cause. This is an important first step as Secretary Duffy works to implement President Trump’s vision of a brand new, state-of-the-art system. We especially appreciate Commerce Committee Chairman Ted Cruz for his long-time dedication to the safety and efficiency of our nation’s airspace. We urge the House of Representatives to quickly pass this legislation so President Trump can sign the One Big Beautiful Bill into law, begin the work of upgrading our ATC system and revitalize our airspace.”

    America’s Credit Unions President and CEO Jim Nussle: “We thank the U.S. Senate for securing the credit union not-for-profit tax status and not adding a new tax on 142 million credit union members as part of H.R. 1. Hard working Americans and their communities rely on the competitive rates and personally tailored services offered by credit unions to achieve their American Dream. By preserving the credit union tax status, it provides consumers across the country with more opportunities to achieve financial freedom.”

    American Airlines: “American Airlines strongly supports the much-needed funding to bolster and modernize our air traffic control system in the Senate reconciliation bill. In addition to staffing challenges, the U.S. air traffic control system’s technology and infrastructure have fallen behind much of the world. As President Trump and Secretary Duffy urgently work to build a state-of-the-art air traffic control system, this down payment is an essential first step in making aviation even safer and more efficient. The reconciliation bill also extends other key pro-growth tax policies that provide businesses with the necessary certainty to continue driving the economy. We urge the House to move swiftly and pass the bill.”

    American Farm Bureau Federation President Zippy Duvall: “Farm Bureau applauds the U.S. Senate for passing the reconciliation package. Farmers and ranchers are the foundation of America’s food supply chain, and they need the certainty that this legislation will provide. Improvements to farm safety net programs that reflect today’s agricultural economy and maintaining important tax provisions will directly benefit farm and ranch families … Important tax provisions will also help farmers save money that can be used to pay bills, invest in new technologies, and pass the family farm to the next generation. We now urge the House to pass the bill and get it to the president’s desk for his signature to ensure America’s farmers and ranchers can continue putting food on the table for America’s families.”

    American Federation for Children CEO Tommy Schultz: “The mission is clear: deliver school choice to every state in America. Today’s vote marks a monumental step toward that goal for the first time in history … We are eager to see President Trump sign school choice into law!”

    American Hotel & Lodging Association President and CEO Rosanna Maietta: “AHLA applauds the Senate’s swift action today to prevent major tax increases on both hotel employees and businesses. The tax provisions included in the Senate bill provide small business hotel owners with the level of certainty they need to effectively operate amidst tremendous uncertainty resulting from years of inflation, trade impacts, and a softening of demand within the broader travel sector. We commend Majority Leader Thune, Senator Crapo, and other Senate champions for securing passage. We urge Congress to swiftly get this package to the President’s desk for his signature to help put businesses back on a pro-growth footing.” 

    American Iron and Steel Institute President and CEO Kevin Dempsey: “Capital investment is crucial for economic growth and job creation in the American steel industry and the manufacturing sector as a whole. Many of the key capital cost recovery provisions of the 2017 tax law have expired or are being phased out. Restoring these provisions is essential to ensuring that many companies will be able to make new investments in steel-intensive facilities and machinery. We applaud Senate passage of this legislation which will permanently restore key provisions that have a proven record of fueling innovation and economic growth, including 100 percent bonus depreciation for business investment, immediate expensing for domestic research and development expenses and the EBITDA-based limitation on business net interest deductions. We urge the House to pass this bill and send it to President Trump this week so that he can sign it into law as soon as possible.”

    American Petroleum Institute President and CEO Mike Sommers: “We applaud the Senate for passing the One Big Beautiful Bill to bolster America’s energy advantage and support economic growth. This historic legislation will help usher in a new era of energy dominance by unlocking opportunities for investment, opening lease sales and expanding access to oil and natural gas development. We will continue to work with policymakers to get this final package to President Trump’s desk.”

    American Soybean Association President Caleb Ragland: “ASA applauds the Senate for its support of agriculture and the farm economy in this legislation. Soybean growers have long championed comprehensive revisions to the 45Z Clean Fuel Production Credit, an improved safety net for agriculture, and increased support for research and market expansion. The modified biofuel tax credits, enhancements to crop insurance and support for MAP and FMD, among other agriculture provisions included in this legislation will support U.S. farmers and expand market opportunities domestically. ASA urges the House to maintain these key agricultural provisions that support our rural economies as they consider this legislation.”

    American Trucking Association SVP of Legislative Affairs Henry Hanscom: “The American Trucking Associations is grateful to Senate Republicans for their hard work to craft a package that will guarantee tax certainty for our nation’s trucking companies. Trucking is the backbone of our economy, employing over 8.5 million Americans in companies that range in size from one-truck operators and small family businesses to enterprise carriers.  Enacting pro-business, pro-growth tax policies will ensure that all of those companies are able to better plan for the future, invest in their workforce and equipment, and move freight safely and efficiently.  As the industry that moves 72% of America’s freight by tonnage, and that is the sole source of freight services for more than 80% of American communities, ATA looks forward to President Trump signing this measure into law as soon as possible.”

    Americans for Prosperity Chief Government Affairs Officer Brent Gardner: “We are so close to delivering a generational win to Americans by making pro-growth tax policy permanent. When we pass this bill, job creators and families will have the certainty they need to invest in their businesses and futures, reigniting the American Dream. We are encouraged by the thoughtful and productive discussions that have brought this legislation back to the House and urge members to pass it expeditiously to ensure that Americans start reaping the benefits of this transformative legislation as soon as possible … It’s time to get this bill to the Oval Office for President Trump’s signature. We’re at the goal line, it’s time to punch it in. Let’s fulfill all those campaign promises and secure this victory for hardworking American taxpayers.”

    Associated Builders and Contractors VP of Government Affairs Kristen Swearingen: “Tax certainty and pro-growth policies are not abstract policy goals for construction businesses—they are the foundation that allows ABC members to invest, grow and keep America building. We thank the Senate for passing this important legislation and urge the U.S. House of Representative to take swift action to send it to the president’s desk.”

    Associated Equipment Distributors President and CEO Brian P. McGuire: “By permanently extending and restoring pro-growth, capital investment incentivizing tax policies, the Senate is ensuring long-term tax code certainty that will benefit the equipment sector and the broader economy. AED applauds Senate Majority Leader John Thune and his team for heeding our call for tax permanence, and we urge the House to pass this legislation and send it to the president’s desk expeditiously.”

    Association of Equipment Manufacturers SVP of Government and Industry Relations Kip Eideberg: “The Association of Equipment Manufacturers applauds the U.S. Senate’s passage of the One Big Beautiful Bill (OBBB) Act — a historic bill that will strengthen U.S. manufacturing, providing the certainty in the tax code necessary for equipment manufacturers to innovate, invest, and create more family-sustaining jobs right here in America. By extending and expanding the tax reforms from 2017, the OBBB will help equipment manufacturers build more in America, while also bolstering our global competitiveness. We commend Leader Thune for his leadership and commitment to ensuring the permanence of President Trump’s pro-growth tax reforms, and applaud the lawmakers involved in driving this effort forward. We urge the U.S. House of Representatives to act swiftly and send the bill to President Trump’s desk.”

    Business Roundtable CEO Joshua Bolten: “Today’s vote puts us on the cusp of extending and strengthening tax reform. Business Roundtable applauds the Senate for passing the One Big Beautiful Bill … The House now has the opportunity to send a swift, decisive signal that America will remain a premier destination for business to invest, hire, and grow. We urge the House to act without delay and send the bill to President Trump’s desk by the Fourth of July.”

    Center for Transportation Policy Executive Director Jackson Shedelbower: “… it’s clear that lawmakers are united in an effort to modernize the country’s aging air traffic control systems. The $12.5 billion that is appropriated in both versions of the package will be a strong down payment towards ensuring that the U.S. maintains its reputation as a global leader in air travel. Lawmakers need to work out the remainder of their differences so the legislation can be swiftly pushed over the finish line.”

    CTIA—The Wireless Association President and CEO Ajit Pai: “CTIA applauds the Senate for passing the One Big Beautiful Bill, which includes a solid spectrum pipeline and smart tax provisions to support wireless investment. Along with restoring FCC auction authority, establishing a robust 800-megahertz pipeline of mid-band spectrum with a specific timeframe for action is critical to meeting growing consumer demand, securing U.S. leadership in 5G, and strengthening national and economic security.  The bill’s targeted tax incentives will accelerate private investment in next-generation networks and support infrastructure deployment, job creation, and economic growth across the country. We thank Senate leadership, including Senate Majority Leader John Thune, Senate Commerce Committee Chairman Ted Cruz, and Senator Marsha Blackburn for their commitment to securing America’s wireless future, and we urge swift action to pass this legislation so President Trump can sign it into law.”

    Concerned Veterans for America Executive Director John Vick: “This legislation represents a win for American families, small businesses, and veterans across the country―groups that form the backbone of a thriving and resilient nation. This is a monumental moment for Americans who believe in hard work, opportunity, and service. The One Big Beautiful Bill Act sets the stage for lasting prosperity and a stronger future for those who have sacrificed the most.”

    Global Business Alliance President and CEO Jonathan Samford: “I applaud Chairman Mike Crapo, Leader John Thune and their Senate colleagues for advancing international tax policies that keep the U.S. the top destination for global investment. These provisions will help sustain American jobs, drive innovation, and reinforce a stable tax environment that attracts cross-border capital and world-class know-how. I urge swift House action and final passage of this One Big Beautiful Bill Act in order to secure America’s competitive edge.”

    Iowa Biodiesel Board Executive Director Grant Kimberley: “These improvements to the biomass-based diesel tax incentive come at a pivotal moment for the industry, which has seen months of uncertainty, stalled production and investment hesitation. Together with EPA’s proposed increase in Renewable Fuel Standard volumes—projecting more than 2 billion additional gallons of biomass-based diesel in 2026—the tax developments point to a significant resurgence in clean fuel demand. This gives us much-needed certainty for the near future.”

    Information Technology Industry Council President and CEO Jason Oxman: “The One Big Beautiful Bill will advance President Trump’s vision of ensuring America outpaces global competitors and remains the world’s leader in technology. We’re pleased to see the Senate pass the reconciliation text with strong innovation-focused language that will empower companies to invest in America by restoring critical research and development expensing and stimulate economic growth and high-skilled job creation. We urge the House of Representatives to send this critical package to President Trump as quickly as possible.”

    Job Creators Network CEO Alfredo Ortiz: “By passing this tax cut bill, Republican Senators show once again that they are the party of Main Street. By expanding and making permanent the Tax Cuts and Jobs Act, including restoring full, immediate expensing, the Senate has delivered historic, pro-growth reform that can last for generations. These tax cuts empower small business owners to invest, hire, raise wages, and reinvest in their communities, ushering in America’s next Golden Age. On behalf of Main Street, JCN calls on the House to quickly pass this legislation and get it to President Trump’s desk by July 4, giving America the best birthday present it could ask for.”

    National Association of Home Builders Chairman Buddy Hughes: “NAHB commends the Senate for passing the One Big Beautiful Bill Act. This legislation will help spur economic growth and allow our members to invest more resources in multifamily rental construction, land development to build more single-family homes, and new equipment to expand their businesses. In turn, this will create a better business climate that allows builders to increase the nation’s housing supply, which is crucial to help ease America’s housing affordability crisis. We urge the House to move quickly to pass this bill.”

    National Association of Manufacturers President and CEO Jay Timmons: “The Senate just pushed the ball deep into the red zone. Now it’s the House’s turn to finish the drive and deliver a big win for manufacturers in America. The Senate advanced a tax package that will strengthen small businesses, family-owned operations and manufacturing workers across the country. It drives manufacturers closer to the goal line—growing businesses, creating jobs and powering stronger communities. After months of driving, months of endurance and effort, months of playing audacious offense and tenacious defense, months of partnership between manufacturers of every industry and our leaders in Congress and the administration, the House now can finish the job. We call on our partners in the House to send this bill to the president’s desk—the strongest tax bill for manufacturers we have seen in a generation. Because when Congress champions the 13 million people who make things in America, manufacturing wins—and when manufacturing wins, America wins.”

    National Business Aviation Association President and CEO Ed Bolen: “We thank the Senate for recognizing with this initial funding that a safe and efficient national airspace requires a robust, resilient ATC system that bolsters our nation’s global aviation leadership. As leading economists have found, immediate expensing helps companies and entrepreneurs relying on business aviation have access to a critical competitive asset, while strengthening America’s manufacturing base. These provisions represent an important investment in an essential American industry, and the citizens, companies and communities that depend on it. NBAA looks forward to their continued progress.”

    National Cattlemen’s Beef Association SVP of Government Affairs Ethan Lane: “The Senate version of the One Big Beautiful Bill protects family farmers and ranchers across the country from a massive tax hike at the end of the year, increases the Death Tax exemption, makes the Section 199A tax deduction permanent, increases the Section 179 tax deduction, funds foreign animal disease prevention programs, and delivers so many more wins for cattle producers … It’s time for the House to pass this bill and send it to President Trump’s desk so he can sign it into law.”

    National Corn Growers Association President Kenneth Hartman, Jr.: “NCGA has worked closely with members of Congress as they drafted and voted on this legislation. We are particularly pleased to see the permanent extension of certain tax provisions, which will provide more certainty to corn farmers around the country as they plan for the future of their businesses.”

    National Cotton Council Chairman Patrick Johnson: “The NCC appreciates the momentous effort that has gone into crafting and passing the One Big Beautiful Bill. We are grateful for the Senate’s commitment to delivering meaningful enhancements to the cotton safety net, which is absolutely critical for the stability and future of our industry.”

    National Council of Farmer Cooperatives President and CEO Chuck Conner: “We commend the Senate for advancing permanent tax relief through the extension of Section 199A, a key priority for farmer co-ops that ensures they are not penalized for doing business together. Equally important are the provisions extending Section 179 expensing and the clean fuel production credit under Section 45Z, which provide producers and co-ops with the incentives and tools they need to innovate, invest, and lead the transition to a more sustainable agricultural future. We also appreciate the Senate’s attention to the needs of production agriculture by updating reference prices and commodity title support to reflect today’s economic realities. Combined with a significant increase in funding for market development programs, these provisions will help producers reach new markets and stay competitive amid global uncertainty. Now, it’s time for the House of Representatives to act. We urge lawmakers to take up the Senate package without delay and send it to the president’s desk before the July 4th recess. America’s farmers can’t afford to wait.”

    National Council of Textile Organizations President and CEO Kim Glas: “On behalf of the U.S. textile industry, I would like to commend Senate leaders for including an important provision in the broader budget reconciliation bill that would permanently end de minimis for commercial shipments from all countries, effective July 2027. The Senate language mirrors a provision included in the House reconciliation package passed earlier in May … We are also grateful that the Trump administration has already used executive authorities to end de minimis access for Chinese goods—which represent approximately two-thirds of all de minimis shipments—while also laying the groundwork to close de minimis to commercial shipments from all countries.”

    National Foreign Trade Council VP for International Tax Policy Anne Gordon: “We welcome Senate passage of the One Big Beautiful Bill … We welcome the Senate’s decision to retain core international and business provisions of the Tax Cuts and Jobs Act in its version of the bill, as well as including permanent immediate expensing of research and development and reinstating depreciation and amortization in the interest deduction limitation. We are also pleased to see the Senate make permanent the look-through for controlled foreign corporations and provide other long-needed international tax fixes for U.S. corporations. As the House considers the revised bill, we encourage swift consideration and passage of tax legislation that incentivizes investment, innovation, and global opportunity for America’s job creators.”

    National Milk Producers Federation President Gregg Doud: “Dairy farmers are grateful for legislation that will create several key opportunities for dairy. Following last month’s successful vote in the House, we are excited that the Senate’s legislation also positions these investments to benefit dairy farmers and the cooperatives they own. We hope they are enacted into law as swiftly as possible.”

    National Mining Association President and CEO Rich Nolan: “We urge the House to quickly pass this bill, which increases the competitiveness of the American mining industry and provides vital incentives, including funding to counter China’s mineral dominance. The bill also makes improperly withdrawn lands available for energy production, which is key to supplying a reliable electric grid capable of powering our nation’s future. Through these measures, the bill will directly support U.S. economic growth and security. Mining feeds and fuels virtually every American supply chain; a strong mining industry creates an equally strong foundation for every industry that depends on the products and energy we provide. More can be done, and the NMA will continue to advocate with Congress and the administration on ways to support additional domestic mining, and mineral production and processing.”

    National Pork Producers Council President Duane Stateler: “We appreciate the efforts of Agriculture Chair John Boozman and other Senate leadership to ensure key animal health provisions were included in the bill, along with tax and other measures important to agriculture. Foreign animal diseases (FADs) threaten not only the livelihoods of pork producers but also our food supply chain at large. We thank our congressional leaders for these important steps to help keep our pork supplies safe, secure, and affordable for American families.”

    National Restaurant Association EVP for Public Affairs Sean Kennedy: “This bill includes the most important pro-growth tax policies restaurant operators need to continue to power the national economy. The inclusion of permanent policies for 199A qualified business income deduction, full expensing of capital investments, and the return of depreciation and amortization in the calculation of business interest expense will give restaurant operators working capital to invest in their businesses and employees. We are also pleased to see the inclusion of policies like No Tax on Tips and Overtime that will benefit our workforce. We appreciate the work that has gone into getting this bill through the Senate and encourage the House to quickly pass it, sending it to the President for signature.”

    National Roofing Contractors Association CEO McKay Daniels: “This legislation is critical to providing certainty for all businesses to continue to invest in their employees and grow their companies. In particular, the bill is a huge win for ‘main street,’ family-owned and pass-through entities that represent 95% of all U.S. businesses and employ the majority of private-sector workers. Without passage of this legislation, our industry will face rising tax burdens and diminished global competitiveness. Congress must act now to secure a stable future for America’s job creators.”

    National Small Business Association President and CEO Todd McCracken: “NSBA applauds the Senate for passing H.R. 1, the One Big Beautiful Bill Act which includes NSBA’s #1 priority, permanency for the small-business tax rate cut in the form of the 199A Qualified Business Income deduction. Enacting this provision and several others—including reversing a very problematic change to the R&D tax deduction—is a major win for small business. As our nation celebrates Independence Day, I urge the House to pass the language approved in the Senate and give America’s small businesses the freedom and independence they need and deserve to keep their businesses thriving.”

    National Sorghum Producers Chair Amy France: “These are critical improvements that will help sorghum producers manage risk, plan for the future, and stay competitive. We’re grateful to Chairman Boozman and other leaders in the Senate Ag Committee who ensured these priorities were part of the final bill.”

    Nuclear Energy Institute President and CEO Maria Korsnick: “We applaud the U.S. Senate for advancing policies that recognize the important role of nuclear energy to achieve a reliable, affordable and increasingly clean energy system. The Senate version of the budget reconciliation bill restores the nuclear power production tax credit through 2032, and the tax credits for new nuclear generation through 2033, with transferability retained for both. The Senate version also preserves the viability of the Loan Program Office by extending the program’s authority and funding from 2026 to 2028, although the appropriation of $1B is less than available under current law. Maintaining the tax provisions in the Senate bill will continue to address economic hurdles and provide confidence to invest in today’s nuclear plants, while securing long-term, well-paying jobs. Further the bill allows us to continue down the path to achieve the Administration’s ambitious goals for deploying new, cutting-edge nuclear technologies that will meet the growing demand for more reliable energy.”

    Philanthropy Roundtable COO Elizabeth McGuigan: “Now more than ever, we need a strong, vibrant civil society. Government spending is shrinking – which is a good thing – and generous Americans are ready and willing to support causes and communities around the country. We’re especially grateful for the leadership of President Donald J. Trump, whose pro-growth, pro-America agenda continues to inspire strong economic stewardship. We encourage the House to pass the Senate bill quickly and without changes.”

    RATE Coalition Executive Director Dan Combs: “Today’s vote is a major win for workers, businesses, and the American economy as a whole. By preserving the 21 percent corporate tax rate, the Senate has reaffirmed its commitment to a competitive tax code that drives investment, fuels job growth, and ensures the U.S. remains the best country in the world to start and grow a business.  We applaud this strong, pro-growth action and urge lawmakers to expeditiously finalize the legislation and send it to President Trump’s desk without delay.”

    Small Business & Entrepreneurship Council President and CEO Karen Kerrigan: “We commend Republican Senate leaders for their tireless work in getting the ‘One Big Beautiful Bill Act’ to this critical stage for America’s small business owners and entrepreneurs. Their commitment to advancing this powerful package shows incredible dedication to the success of Main Street businesses across the country and to the future of U.S. entrepreneurship. Now, House members must focus on the widespread gains in the legislation for the U.S. economy, workers, families, and small business owners. We urge the House to promptly pass the bill so it can be signed by President Trump.”

    Steel Manufacturers Association: “Congratulations to the @SenateGOP for passing H.R. 1! The bill will make historic investments in Americans, our workers, our communities and our economy will all benefit.”

    The LIBRE Initiative President Daniel Garza: “We commend the Senate for passing H.R. 1 to make the Trump tax cuts permanent—measures that have proven to deliver real benefits to hardworking families, job creators, and entrepreneurs across the country. For Latinos—who are starting businesses at a notable rate and powering local economies—this bill is not just good policy, it’s essential.  By making the low tax rates and small business provisions permanent, this legislation helps ensure that Latino workers, small business owners, and families can thrive with greater certainty, flexibility, and opportunity. Tax relief allows families to keep more of what they earn, invest in their future, and weather economic uncertainty with confidence. We applaud the Senate for sending a clear message that the American Dream remains alive and within reach for all—especially those working hard to build a better life.”

    U.S. Chamber of Commerce EVP and Chief Policy Officer Neil Bradley: “With today’s vote, the Senate has taken decisive action to deliver the kind of permanent tax relief the American business community has been calling for. The tax provisions included in this bill will not only drive economic growth and sharpen America’s competitive edge but also put more money in workers’ pockets, increasing prosperity in communities across the country. The Chamber thanks Leader Thune, Chairman Crapo, and all who are working to make the pro-growth reforms of the 2017 Tax Cuts and Jobs Act permanent, including the deduction for domestic R&D expenditures, 100% bonus depreciation for certain business investments, and an expanded business interest limitation. The Chamber applauds the Senate for voting to make these provisions permanent features of the tax code. We urge lawmakers to swiftly pass the OBBBA and deliver it to President Trump to be signed into law.”

    USA Rice Farmers Chair LG Raun: “USA Rice applauds the Senate for passing the OBBB Act including a historic and critical investment in the farm safety net. We urge the House of Representatives to take up and pass this bill with the key ag investments before the 4th of July.”

    Wine & Spirits Wholesalers of America President and CEO Francis Creighton: “On behalf of the Wine & Spirits Wholesalers of America, I want to thank the United States Senate for passing President Trump’s One Big Beautiful Bill Act under Section 198A. This critical legislation empowers America’s family-owned wholesalers to reinvest, compete, and thrive. We urge the U.S. House to act swiftly and send this bill to the President’s desk without delay.”

    MIL OSI USA News

  • INS Tamal joins Indian fleet, reinforces Indo-Russian naval cooperation

    Source: Government of India

    Source: Government of India (4)

    In a boost to India’s maritime defence capabilities, the Indian Navy on Tuesday commissioned its latest stealth frigate, INS Tamal (F 71), at the Yantar Shipyard in Kaliningrad, Russia. The commissioning ceremony was held in the presence of Vice Admiral Sanjay Jasjit Singh, Flag Officer Commanding-in-Chief, Western Naval Command, along with senior Indian and Russian naval and government officials.

    INS Tamal is the eighth multi-role stealth frigate under Project 1135.6 and the second vessel in the follow-on Tushil class of ships. The first of the class, INS Tushil, was inducted into the Navy in December 2024. All seven earlier ships are part of the Western Fleet, the primary combat arm of the Indian Navy’s Western Naval Command. INS Tamal will be commanded by Captain Sridhar Tata, a specialist in gunnery and missile warfare.

    The ceremony began with a joint Guard of Honour by the ship’s crew and Russia’s Baltic Naval Fleet. Mr Andrey Sergeyvich Puchkov, Director General of United Shipbuilding Corporation, declared the ceremony open, while Mr Mikhael Babich, Deputy Director General of Russia’s Federal Service for Military Technical Cooperation, highlighted the growing maritime collaboration between India and Russia.

    Vice Admiral Rajaram Swaminathan, Controller Warship Production and Acquisition, described the commissioning of Tamal as a testament to the enduring Indo-Russian strategic partnership, noting that it is the 51st ship produced through this collaboration over the past 65 years. He commended the shipyard workers and Indian and Russian Original Equipment Manufacturers (OEMs) for their contribution to the vessel’s construction, which supports India’s Aatmanirbhar Bharat and ‘Make in India’ initiatives.

    The transfer of the ship was formalised with the signing of the Delivery Act by Captain Sridhar Tata and Mr Sergey Kupriynav, Director General of the Russian Naval Department. The Russian Navy flag was then lowered, and the Indian Naval ensign was hoisted with full honours, marking the frigate’s induction into active service.

    Addressing the gathering, Vice Admiral Singh described the commissioning as a milestone for India’s maritime security and an example of the country’s deep defence cooperation with Russia. He noted that Tamal joins the distinguished ranks of Talwar, Teg, and Tushil class frigates, renowned for their reliability and firepower. “The commissioning of versatile platforms like INS Tamal enhances the Indian Navy’s reach, responsiveness, and resilience,” he said.

    Although built in Russia, the frigate includes 26% indigenous systems, such as the BrahMos long-range supersonic cruise missile and the Humsa-NG sonar system. The construction of the next two ships of the class in India is expected to further expand joint technological capabilities.

    Launched in February 2022, INS Tamal completed extensive sea trials between November 2024 and June 2025, successfully testing her advanced weaponry, including the Shtil-1 surface-to-air missile system, artillery guns, and torpedoes. The frigate is armed with BrahMos missiles, advanced air defence systems, a 100 mm main gun, Close-In Weapon Systems, anti-submarine rockets, and heavyweight torpedoes. She can also embark Kamov 28 and Kamov 31 helicopters for anti-submarine and airborne early warning roles.

    Equipped for multi-dimensional warfare—air, surface, underwater, and electronic—Tamal features sophisticated electronic warfare systems, network-centric operational capabilities, and robust defences against nuclear, biological, and chemical threats.

    With a crew of about 250 sailors and 26 officers, the ship upholds the motto Sarvatra Sarvada Vijaya (Victory Always Everywhere), reflecting its commitment to operational excellence in line with the Navy’s vision of remaining a combat-ready, credible, and cohesive force.

    INS Tamal will soon sail to her homeport at Karwar in Karnataka, showcasing India’s maritime strength during her passage. Once operational, the frigate is expected to play a crucial role in safeguarding the nation’s maritime interests and strengthening India’s presence across vital sea lanes.

  • MIL-OSI: Ingersoll Rand Accelerates Value Creation Through Continued M&A, Announces New Acquisition

    Source: GlobeNewswire (MIL-OSI)

    • Continues the company’s disciplined capital allocation strategy of targeted bolt-on acquisitions and proven ability to build trusted, proprietary partnerships with family-owned businesses
    • Acquisition expands Ingersoll Rand competencies and capabilities in high-growth end markets
    • Purchase made at an attractive low-double-digit multiple with expected post-synergy multiple in the mid-to-high single digits

    DAVIDSON, N.C., July 01, 2025 (GLOBE NEWSWIRE) — Ingersoll Rand Inc., (NYSE: IR) a global provider of mission-critical flow creation and life science and industrial solutions, has acquired Termomeccanica Industrial Compressors S.p.A. (“TMIC”) and its subsidiary Adicomp S.p.A. (“Adicomp”) (collectively “TMIC/Adicomp”) with a purchase price of approximately €160 million.

    TMIC is an international leader in the design and production of air and gas compressors with over 100 years of experience and innovation. Its subsidiary Adicomp provides engineered-to-order (ETO) solutions in the renewable natural gas (RNG) industry. TMIC/Adicomp are based in Italy, with an existing presence in North America and recent expansion into Brazil and India, and improve the company’s RNG gas-ends and packaging presence. The businesses will join the Industrial Technologies and Services (IT&S) segment.

    “TMIC/Adicomp are leading businesses in their respective industries, and today we welcome them to Ingersoll Rand,” said Vicente Reynal, chairman and chief executive officer of Ingersoll Rand. “These companies strengthen our core capabilities and broaden our service offerings, enabling us to deliver greater value to our customers while advancing our long-term growth strategy for shareholders. Additionally, these companies reflect the strength of our M&A flywheel and reaffirm our ability to partner with family-owned businesses on a proprietary basis.”

    About Ingersoll Rand Inc.

    Ingersoll Rand Inc. (NYSE: IR), driven by an entrepreneurial spirit and ownership mindset, is dedicated to Making Life Better for our employees, customers, shareholders, and planet. Customers lean on us for exceptional performance and durability in mission-critical flow creation and life science and industrial solutions. Supported by over 80+ respected brands, our products and services excel in the most complex and harsh conditions. Our employees develop customers for life through their daily commitment to expertise, productivity, and efficiency. For more information, visit www.IRCO.com.

    Forward-Looking Statements
    This news release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including statements related to Ingersoll Rand Inc.’s (the “Company” or “Ingersoll Rand”) expectations regarding the performance of its business, its financial results, its liquidity and capital resources and other non-historical statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “forecast,” “outlook,” “target,” “endeavor,” “seek,” “predict,” “intend,” “strategy,” “plan,” “may,” “could,” “should,” “will,” “would,” “will be,” “on track to,” “will continue,” “will likely result,” “guidance” or the negative thereof or variations thereon or similar terminology generally intended to identify forward-looking statements. All statements other than historical facts are forward-looking statements.

    These forward-looking statements are based on Ingersoll Rand’s current expectations and are subject to risks and uncertainties, which may cause actual results to differ materially from these current expectations. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. The inclusion of such statements should not be regarded as a representation that such plans, estimates, or expectations will be achieved. Important factors that could cause actual results to differ materially from such plans, estimates or expectations include, among others, (1) adverse impact on our operations and financial performance due to natural disaster, catastrophe, global pandemics (including COVID-19), geopolitical tensions, cyber events, or other events outside of our control; (2) unexpected costs, charges, or expenses resulting from completed and proposed business combinations; (3) uncertainty of the expected financial performance of the Company; (4) failure to realize the anticipated benefits of completed and proposed business combinations; (5) the ability of the Company to implement its business strategy; (6) difficulties and delays in achieving revenue and cost synergies; (7) inability of the Company to retain and hire key personnel; (8) evolving legal, regulatory, and tax regimes; (9) changes in general economic and/or industry specific conditions; (10) actions by third parties, including government agencies; and (11) other risk factors detailed in Ingersoll Rand’s most recent Annual Report on Form 10-K filed with the Securities and Exchange Commission (the “SEC”), as such factors may be updated from time to time in its periodic filings with the SEC, which are available on the SEC’s website at http://www.sec.gov. The foregoing list of important factors is not exclusive.

    Any forward-looking statements speak only as of the date of this release. Ingersoll Rand undertakes no obligation to update any forward-looking statements, whether as a result of new information or development, future events or otherwise, except as required by law. Readers are cautioned not to place undue reliance on any of these forward-looking statements.

    The MIL Network

  • MIL-OSI USA: Grassley Releases Bombshell Records Showing FBI Headquarters Interfered with Alleged Chinese Election Interference Probe to Shield Christopher Wray from Political Blowback

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley
    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) today released internal Federal Bureau of Investigation (FBI) emails revealing the FBI suppressed intelligence of alleged Chinese interference in the 2020 election to insulate then-FBI Director Christopher Wray from criticism, after Wray provided inaccurate and contradictory testimony to Congress.
    The FBI declassified and provided the requested records to Grassley, along with an accompanying cover letter, after Grassley initially received some information from whistleblower disclosures. The FBI emails offer an inside look at the Bureau’s decision to recall and suppress an Intelligence Information Report (IIR) from the FBI’s Albany Field Office on September 25, 2020. The IIR contained information from an FBI Confidential Human Source (CHS) alleging the Chinese government was producing “tens of thousands” of fraudulent drivers’ licenses to manufacture mail-in votes for then-presidential candidate Joe Biden in the 2020 election. 
    According to the FBI, these allegations, despite showing initial signs of credibility, were allegedly never fully investigated due to the FBI’s sudden and “abnormal” decision to halt the investigation and bury the IIR’s existence, preventing any additional FBI field offices, as well as other Intelligence Community elements, from accessing or studying the document. The FBI’s stated reason for doing so was because “the reporting will contradict Director Wray’s testimony.” 
    “These records smack of political decision-making and prove the Wray-led FBI to be a deeply broken institution. Ahead of a high-stakes election happening amid an unprecedented global pandemic, the FBI turned its back on its national security mission,” Grassley said. “One way or the other, intelligence must be fully investigated to determine whether it’s true, or if it’s just smoke and mirrors. Chris Wray’s FBI wasn’t looking out for the American people – it was looking to save its own image. Now’s the time to rebuild the FBI’s trust. Director Patel’s willingness to work with me to establish renewed transparency and accountability is a critical part of that process, and I applaud him for his efforts.” 
    Political ReasoningFollowing the IIR’s recall, an FBI Albany intelligence analyst summarized the concerning series of events that led to the suppression:
    “Most concerning to me, is stating the reporting would contradict with Director Wray’s testimony. I found this troubling because it implied to me that one of the reasons we aren’t putting this out is for a political reason, which goes directly against our organization’s mission to remain apolitical and simply state what we know. Likewise, at the field operational level, I do not feel it is our job to assess whether or not our intelligence aligns with the Director…. My concern is that I think it gets dangerous if we cite potential political implications as reasons for not putting out our information.” 
    Source CredibilityAn FBI Albany official noted “the IIR was coordinated and disseminated in textbook fashion.” Further, a re-interview of the FBI CHS yielded additional context that supported the initial IIR’s findings. An FBI Albany official described the CHS as “competent” and “authentic in his/her reporting.” The CHS described the confidence in his/her sub-sourcing as a “9-10 range. [V]ery, very confident.”
    Decision for RecallAccording to an Assistant Section Chief in the FBI’s Counterintelligence Division, the IIR immediately generated “a lot of attention from all [Headquarter] divisions.” 
    Upon receiving the IIR, an FBI Albany official stated, “We have no reason to recall at this point.” Minutes later, the Albany Field Office was commanded to recall the IIR at the direct request of officials at FBI Headquarters, including Nikki Floris, then-Deputy Assistant Director (DAD) of the FBI’s Counterintelligence Division. Months before dismissing the IIR, Floris provided an unnecessary briefing to Grassley and Sen. Ron Johnson (R-Wis.) regarding their investigation into the Biden family. The briefing – though classified – was later leaked to the press in an effort to falsely smear the senators’ investigation as Russian disinformation.
    Following the IIR’s recall, FBI Headquarters informed field offices that “all raw reporting concerning the election will now require [Headquarters] coordination,” which had not been previously required. 
    Contradictory TestimonyDuring sworn testimony before the Senate Homeland Security and Government Affairs Committee (HSGAC) on September 24, 2020, Wray stated: 
    “I think what I would say is this: We take all election-related threats seriously, whether it is voter fraud, voter suppression, whether it is in person, whether it is by mail. And our role is to investigate the threat actors. Now, we have not seen historically any kind of coordinated national voter fraud effort in a major election, whether it is by mail or otherwise… [B]ut people should make no mistake we are vigilant as to the threat and watching it carefully, because we are in uncharted new territory.” 
    Wray doubled down on his assertion in response to further questioning from HSGAC Ranking Member Gary Peters (D-Mich.).
    Peters: “Right, but your answer is clear. You have not seen any widespread fraud by mail. It is something the FBI watches continuously to make sure that that is not happening.” 
    Wray: “That is something that we would investigate seriously.” 
    Peters: “Absolutely.” 
    Wray: “And aggressively.” 
    FITF-China Prevents Further Follow-upOn October 8, 2020, an official with the FBI’s Foreign Influence Task Force (FITF)-China division confirmed FITF-China had still not approved a reissue of the IIR. Despite FITF-China offering to “discuss next steps” for the IIR, the FBI on June 27, 2025 confirmed to Grassley that they had “found no information to indicate that FITF-China aggressively investigated the reported information, despite corroborating intergovernmental reporting and logical investigative leads.” 
    Wray established FITF with the stated goal to “identify and counteract malign foreign influence operations targeting the United States.” Grassley called the Trump administration’s recent decision to close FITF “a positive step, given what the task force had been twisted into,” noting specifically its conduct against his and Senator Johnson’s Biden family investigation.
    -30-

    MIL OSI USA News

  • MIL-OSI: BigCommerce Appoints Former Adobe Fellow and Vice President of Technology Anil Kamath to its Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, July 01, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), a leading open SaaS ecommerce platform for B2C and B2B businesses, announced today that former Adobe Fellow and Vice President of Technology Anil Kamath has joined the BigCommerce Board of Directors.

    “Joining the Board of BigCommerce is an exciting opportunity to support BigCommerce’s innovation agenda through strategic guidance on data and AI,” Kamath said. “I see immense potential to leverage predictive analytics, personalization and intelligent automation to drive transformative growth for merchants. Ecommerce is one of the most dynamic frontiers for applied AI, and I’m thrilled to contribute to a vision that empowers businesses to scale smarter, serve customers better and innovate faster.”

    Over his 30-year career as a technology entrepreneur, advisor and leader, Kamath has developed expertise in business strategy, scaling companies, strategic oversight, governance and corporate development that, combined with his industry perspective, will enable him to provide BigCommerce with critical strategic guidance.

    During his 13 years at Adobe, Kamath was responsible for data science, machine learning and artificial intelligence for the Adobe Experience Cloud. Prior to joining Adobe, he was the founder and primary architect of Efficient Frontier, a digital ad buying platform that managed more than $2 billion in advertising spend until its acquisition by Adobe. He led the integration of Efficient Frontier into Adobe Marketing Cloud and developed data science-driven solutions that optimized customer acquisition, engagement, retention and growth across B2C and B2B businesses. More recently, he spearheaded the generative AI transformation for enterprise marketing, leading to the launch of Gen Studio for Performance Marketing.

    After a successful 13-year tenure at Adobe, Kamath transitioned earlier this year to focus on mentoring and supporting early-stage innovation. He is a longtime member of the Stanford Angels & Entrepreneurs, as well as lead mentor and advisor at StartX, a non-profit accelerator for Stanford University startups.

    “Anil brings an extensive blend of strong leadership and valuable technological expertise to BigCommerce at a time when our industry and our business are going through some exciting changes,” said Travis Hess, CEO of BigCommerce. “His addition to our Board will help strengthen BigCommerce’s core offerings as well as inform the innovations we are building to drive business outcomes for merchants. We are excited to leverage his experience and look forward to Anil’s perspectives and contributions.”

    Kamath was appointed to the vacancy created upon the departure of BigCommerce board member Lawrence Bohn who had served since 2011, when he became BigCommerce’s first investor through General Catalyst’s Series A investment in the company.

    “I want to personally thank Larry for his many significant contributions to the growth and success of BigCommerce,” Hess said. “Since the earliest days of the company, Larry has been invaluable to BigCommerce, and throughout his tenure, he has championed a deep belief in our mission and strategy.”

    About BigCommerce
    BigCommerce (Nasdaq: BIGC) is a leading open SaaS and composable ecommerce platform that empowers brands, retailers, manufacturers and distributors of all sizes to build, innovate and grow their businesses online. BigCommerce provides its customers sophisticated professional-grade functionality, customization and performance with simplicity and ease-of-use. Tens of thousands of B2C and B2B companies across 150 countries and numerous industries rely on BigCommerce, including Coldwater Creek, Harvey Nichols, King Arthur Baking Co., MKM Building Supplies, United Aqua Group and Uplift Desk. For more information, please visit www.bigcommerce.com or follow us on X and LinkedIn.

    Forward-Looking Statements
    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. In some cases, you can identify forward-looking statements by terms such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “outlook,” “may,” “might,” “plan,” “project,” “will,” “would,” “should,” “could,” “can,” “predict,” “potential,” “strategy,” “target,” “explore,” “continue,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. However, not all forward-looking statements contain these identifying words. By their nature, these statements are subject to numerous uncertainties and risks, including factors beyond our control, that could cause actual results, performance or achievement to differ materially and adversely from those anticipated or implied in the forward-looking statements. These assumptions, uncertainties and risks include that, among others, our expectations regarding our revenue, expenses, sales, and operations; anticipated trends and challenges in our business and the markets in which we operate; the war involving Russia and Ukraine and the potential impact on our operations, global economic and geopolitical conditions; the impacts of changes in U.S. trade policy and global tariffs; our anticipated areas of investments and expectations relating to such investments; our anticipated cash needs and our estimates regarding our capital requirements and refinancing; our ability to compete in our industry and innovation by our competitors; our ability to anticipate market needs or develop new or enhanced services to meet those needs; our ability to manage growth and to expand our infrastructure; our ability to establish and maintain intellectual property rights; our ability to manage expansion into international markets and new industries; our ability to hire and retain key personnel; our ability to successfully identify, manage, and integrate any existing and potential acquisitions; our ability to adapt to emerging regulatory developments, technological changes, and cybersecurity needs; the anticipated effect on our business of litigation to which we are or may become a party; the anticipated benefits and opportunities related to past and ongoing restructuring may not be realized or may take longer to realize than expected; our ability to manage key executive succession and retention or continue to attract qualified personnel; our ability to implement a go-to-market strategy that focuses on efficient profitable revenue growth, operating leverage, and healthy cash flow, may be impacted by unforeseen challenges in streamlining our organization and adapting to market dynamics; and our ability to remediate the material weakness could negatively affect our business. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” and elsewhere in our filings with the Securities and Exchange Commission (the “SEC”), including our Annual Report on Form 10-K for the year ended December 31, 2024, our Quarterly Report for the quarter ended March 31, 2025, and the future quarterly and current reports that we file with the SEC. Forward-looking statements speak only as of the date the statements are made and are based on information available to BigCommerce at the time those statements are made and/or management’s good faith belief as of that time with respect to future events. BigCommerce assumes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made, except as required by law.

    BigCommerce® is a registered trademark of BigCommerce Pty. Ltd. Third-party trademarks and service marks are the property of their respective owners.

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    Investor Relations Contact:
    Tyler Duncan
    investorrelations@bigcommerce.com

    The MIL Network

  • MIL-Evening Report: What did ancient Rome smell like? Honestly, often pretty rank

    Source: The Conversation (Au and NZ) – By Thomas J. Derrick, Gale Research Fellow in Ancient Glass and Material Culture, Macquarie University

    minoandriani/Getty Images

    The roar of the arena crowd, the bustle of the Roman forum, the grand temples, the Roman army in red with glistening shields and armour – when people imagine ancient Rome, they often think of its sights and sounds. We know less, however, about the scents of ancient Rome.

    We cannot, of course, go back and sniff to find out. But the literary texts, physical remains of structures, objects, and environmental evidence (such as plants and animals) can offer clues.

    So what might ancient Rome have smelled like?

    Honestly, often pretty rank

    In describing the smells of plants, author and naturalist Pliny the Elder uses words such as iucundus (agreeable), acutus (pungent), vis (strong), or dilutus (weak).

    None of that language is particularly evocative in its power to transport us back in time, unfortunately.

    But we can probably safely assume that, in many areas, Rome was likely pretty dirty and rank-smelling. Property owners did not commonly connect their toilets to the sewers in large Roman towns and cities – perhaps fearing rodent incursions or odours.

    Roman sewers were more like storm drains, and served to take standing water away from public areas.

    Professionals collected faeces for fertiliser and urine for cloth processing from domestic and public latrines and cesspits. Chamber pots were also used, which could later be dumped in cesspits.

    This waste disposal process was just for those who could afford to live in houses; many lived in small, non-domestic spaces, barely furnished apartments, or on the streets.

    A common whiff in the Roman city would have come from the animals and the waste they created. Roman bakeries frequently used large lava stone mills (or “querns”) turned by mules or donkeys. Then there was the smell of pack animals and livestock being brought into town for slaughter or sale.

    Animals were part of life in the Roman empire.
    Marco_Piunti/Getty Images

    The large “stepping-stones” still seen in the streets of Pompeii were likely so people could cross streets and avoid the assorted feculence that covered the paving stones.

    Disposal of corpses (animals and human) was not formulaic. Depending on the class of the person who had died, people might well have been left out in the open without cremation or burial.

    Bodies, potentially decaying, were a more common sight in ancient Rome than now.

    Suetonius, writing in the first century CE, famously wrote of a dog carrying a severed human hand to the dining table of the Emperor Vespasian.

    Deodorants and toothpastes

    In a world devoid of today’s modern scented products – and daily bathing by most of the population – ancient Roman settlements would have smelt of body odour.

    Classical literature has some recipes for toothpaste and even deodorants.

    However, many of the deodorants were to be used orally (chewed or swallowed) to stop one’s armpits smelling.

    One was made by boiling golden thistle root in fine wine to induce urination (which was thought to flush out odour).

    The Roman baths would likely not have been as hygienic as they may appear to tourists visiting today. A small tub in a public bath could hold between eight and 12 bathers.

    The Romans had soap, but it wasn’t commonly used for personal hygiene. Olive oil (including scented oil) was preferred. It was scraped off the skin with a strigil (a bronze curved tool).

    This oil and skin combination was then discarded (maybe even slung at a wall). Baths had drains – but as oil and water don’t mix, it was likely pretty grimy.

    Scented perfumes

    The Romans did have perfumes and incense.

    The invention of glassblowing in the late first century BCE (likely in Roman-controlled Jerusalem) made glass readily available, and glass perfume bottles are a common archaeological find.

    Animal and plant fats were infused with scents – such as rose, cinnamon, iris, frankincense and saffron – and were mixed with medicinal ingredients and pigments.

    The roses of Paestum in Campania (southern Italy) were particularly prized, and a perfume shop has even been excavated in the city’s Roman forum.

    The trading power of the vast Roman empire meant spices could be sourced from India and the surrounding regions.

    There were warehouses for storing spices such as pepper, cinnamon and myrrh in the centre of Rome.

    In a recent Oxford Journal of Archaeology article, researcher Cecilie Brøns writes that even ancient statues could be perfumed with scented oils.

    Sources frequently do not describe the smell of perfumes used to anoint the statues, but a predominantly rose-based perfume is specifically mentioned for this purpose in inscriptions from the Greek city of Delos (at which archaeologists have also identified perfume workshops). Beeswax was likely added to perfumes as a stabiliser.

    Enhancing the scent of statues (particularly those of gods and goddesses) with perfumes and garlands was important in their veneration and worship.

    An olfactory onslaught

    The ancient city would have smelt like human waste, wood smoke, rotting and decay, cremating flesh, cooking food, perfumes and incense, and many other things.

    It sounds awful to a modern person, but it seems the Romans did not complain about the smell of the ancient city that much.

    Perhaps, as historian Neville Morley has suggested, to them these were the smells of home or even of the height of civilisation.

    Thomas J. Derrick 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 did ancient Rome smell like? Honestly, often pretty rank – https://theconversation.com/what-did-ancient-rome-smell-like-honestly-often-pretty-rank-257111

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: News laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. News laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/news-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: News laws to make it harder for large Australian and foreign companies to avoid paying tax

    Source: The Conversation (Au and NZ) – By Kerrie Sadiq, Professor of Taxation, QUT Business School, and ARC Future Fellow, Queensland University of Technology

    The Conversation, CC BY

    The beginning of the financial year means for the first time in Australia the public will see previously unreleased tax reports produced by multinational taxpayers.

    These documents, known as country-by-country reports, or CbCR for short, contain information about the tax practices of large Australian businesses and foreign businesses operating in Australia. This information, previously only available to the taxpayer and the Australian Tax Office, will be made public.

    Country-by-country reports, announced in the October 2022-2023 budget, were introduced with other measures designed to improve corporate tax behaviour. The reports will be released from this week as part of corporate reporting practices. Multinationals have 12 months to comply.

    A fairer tax system

    Country-by-country reporting forms part of the government’s multinational tax integrity election commitment package. The aim is to ensure a fairer and more sustainable tax system. Large firms will be required to publish a statement on their global activities plus tax information for each jurisdiction in which they operate.

    Until now, large multinationals only had to prepare annual consolidated financial statements under international financial reporting standards. The traditional reports aggregate results and provide limited geographic reporting information.

    Traditional high-level reporting allows multinationals to conceal their country-level activities. This hides questionable tax practices.

    Country-by-country reporting allows us to better see where a multinational operates. More importantly, the amount of activity in each jurisdiction is reported. The information provides clues as to whether artificial profit shifting has occurred.

    Anyone interested can uncover details about how multinationals structure their global operations. Information may reveal a misalignment between the company’s real economic presence in a country, the profits they book and taxes they pay in that country.

    Bringing Australia into line with the EU

    Country-by-country reporting is not new. It is the requirement that the information be made public that has changed.

    Australian firms have been required to provide such reports to the Australian Tax Office since 2016. However, the information has been confidential.

    The new public disclosure law brings Australia in line with large firms operating in the European Union which brought in the change last year.

    How country-by-country reporting works

    A taxpayer with annual global income above A$1 billion and at least A$10 million of its turnover Australian-sourced will need to produce a report. The obligation to disclose rests with the parent entity no matter where they are located.

    Australia’s largest companies, including mining giants Rio Tinto and BHP, biotech firm CSL, and investment bank Macquarie Group, will be among those expected to report, as will foreign tech behemoths such as Apple, Amazon, Microsoft and Meta.

    These tech giants are the same US firms likely to be excluded from the global minimum tax rules under a G7 agreement reached last week. Under the agreement, US multinationals were exempted from paying more corporate tax overseas. Other G7 members gave in to protect their own companies from the US’s threat of retaliation.

    Under the law change in Australia, a parent entity will provide its name, the names of all members of the group, a description of their approach to tax, and information about operations in certain countries. Included on the list are countries that attract multinationals due to reduced tax obligations, such as Singapore, Switzerland, and the Bahamas.

    Everyone will be able to see where a multinational is operating. They will also see the types of business activities conducted, number of employees, assets, revenue, and taxes paid. Large profits in a country but little business activity and very few employees may raise questions, especially if a country has a low tax rate.

    Benefits of better transparency

    Access to the extra information will help investors assess the tax and reputational risk of a firm. A multinational that shifts profits to low tax countries may be audited and pay extra tax and penalties.

    Increased transparency allows greater scrutiny. In turn, it is hoped multinationals will reduce aggressive tax planning due to potential risk to their reputation.

    If multinationals shift less taxable profits out of Australia to low-tax or no-tax jurisdictions, this will lead to Australia receiving a greater share of much needed corporate tax revenue.

    Reducing profit shifting

    Recent academic research on public country-by-country reporting reveals it provides additional information to better identify tax haven activity. However, it does not result in a significant drop in corporate tax avoidance.

    Increased tax transparency helps investors and tax authorities to better understand a multinational’s economic and tax geographic footprint. It is also important when it seems that US giants will be excluded from the 15% global minimum tax rules. Transparency by itself, however, does not lead to multinationals paying more corporate taxes.

    By its very nature, tax avoidance is legal but pushes the boundaries by going against the spirit of the law. Indeed, many large multinationals argue tax is a legal obligation and is not voluntary. They maintain they pay the tax required of them according to the law.

    Undoubtedly, Australia’s new public country-by-country regime is a positive step for tax transparency. As a country initiative, it has been applauded as groundbreaking and world leading. However, it is not a panacea to corporate tax avoidance.

    To limit corporate tax avoidance and have multinationals pay more corporate taxes, we must get to the heart of the problem. We must change the law that dictates the way multinationals are taxed.

    Kerrie Sadiq currently receives funding from the Australian Research Council. She has previously received research grants from CPA Australia and CAANZ.

    Rodney Brown has previously received research grants from CPA Australia and CAANZ.

    ref. News laws to make it harder for large Australian and foreign companies to avoid paying tax – https://theconversation.com/news-laws-to-make-it-harder-for-large-australian-and-foreign-companies-to-avoid-paying-tax-260004

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  • MIL-OSI Russia: Bosnia and Herzegovina: Staff Concluding Statement for the 2025 Article IV Consultation Mission

    Source: IMF – News in Russian

    July 1, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Sarajevo:

    Growth has proven resilient supported by expansionary fiscal policies, but inflation has picked up, and risks are elevated due to external shocks and domestic political tensions. Progress towards EU accession could boost confidence, but political hurdles persist. Fiscal policy should focus on restoring buffers and improving spending quality. The authorities should refrain from further discretionary measures that widen the deficit and strengthen contingency planning. Both entities face large financing needs that are expected to be met through external borrowing, with a Eurobond issuance in FBiH and bilateral loans in the RS, along with some domestic issuances. The authorities should prepare contingency plans in case of financing shortfalls. Reforms, including a review of public employment, wages, and social benefits are needed to achieve a debt-stabilizing primary balance.

    To safeguard monetary stability, it is essential to maintain the currency board and uphold the independence of the central bank. The authorities should continue to closely monitor financial sector risks and enhance crisis preparedness. The establishment of a country-wide financial stability fund, which would facilitate bank restructuring and provide liquidity on an exceptional basis, would substantially strengthen the financial safety net. To accelerate growth, the authorities need to speed up reforms to improve fiscal governance, protect financial integrity, fight corruption, and step up digitalization. Transitioning from coal to green energy along with preparing for the introduction of EU carbon taxes are major challenges ahead. Placing BiH on a higher growth path and providing its people with more opportunities will speed up income convergence with the EU and reduce emigration.

    Recent developments and outlook

    Despite a challenging environment, the economy has been resilient. Growth accelerated to 2.5 percent in 2024 from 2 percent in 2023, with strong domestic demand outweighing a decline in net exports. Household consumption was supported by strong growth in credit and remittances; private investment accelerated. The unemployment rate declined to 11.7 percent in Q4:2024, with real wages growing at an annual rate of 8 percent. The current account deficit widened to 4.0 percent of GDP in 2024 from 2¼ percent in 2023, reflecting a drought-induced decline in electricity exports, weaker demand for exports, and higher imports associated with strong domestic demand. Inflation fell to 1.7 percent in 2024 from 6¼ percent in 2023, owing to a slowdown in fuel and utilities prices. However, since end-2024, inflation has been rising again to 3.7 percent (yoy) in May, driven mainly by higher food prices.

    The economic outlook remains uncertain amid elevated downside risks. Real GDP is projected to grow by 2.4 percent in 2025 supported by an improvement in net exports, a stronger fiscal impulse, and private consumption. However, the outlook is vulnerable to both domestic and external shocks. A worsening in geopolitical tensions and a resulting slowdown in Europe, or increased commodity price volatility could raise food and energy prices, lower BiH exports and remittances, and dampen domestic demand. An escalation of political tensions could further increase economic fragmentation and weigh on investor confidence and growth. In the absence of faster reform progress, medium-term growth is expected to remain around 3 percent—insufficient for rapid income convergence with the EU. Inflation is expected to remain elevated during 2025, and as food inflation eases, gradually decline from 2026, approaching the ECB target of 2 percent.  

    Fiscal policy and reforms

    Fiscal performance in 2024 was stronger than expected. The general government deficit turned out to be 1¾ percent of GDP, the same as in 2023, but better than anticipated at the time of the 2024 AIV Consultation. The authorities leveraged a large increase in tax revenues to boost spending on wages, goods and services, social benefits, and public investments.

    With fiscal policy expected to ease in 2025, the authorities should avoid further discretionary measures and strengthen contingency planning. Entity budgets and subsequently-adopted measures envisage increases in public wages and pensions, reflecting both legally-mandated indexation and discretionary changes. The widening deficit, which could reach 2.6 percent of GDP, is expected to be mainly financed mostly through foreign borrowing, as well as domestic banks. The authorities should avoid policies that further expand the deficit as this would likely put upward pressure on rising prices and widen external imbalances. Moreover, given mounting downside risks, the authorities should aim to build cash buffers and develop contingency plans. Depending on the severity of a potential shock the authorities should use the available buffers and activate contingency plans.

    Over the medium term, the authorities are advised to place fiscal deficits on a firmly declining path starting from 2026, build fiscal buffers, and enhance the economy’s growth potential. Persistently high deficits risk placing public debt on an upward trajectory and may worsen financing terms. Fiscal consolidation should begin in 2026, with the goal of reducing the primary deficit to its debt-stabilizing level, while improving the quality of spending and rebuilding treasury balances. Priority should be given to spending measures that enhance efficiency—particularly by rationalizing the public wage bill through functional reviews and improving the targeting of social assistance programs. These measures should be complemented by revenue mobilization efforts, including broadening the tax base through the reduction of exemptions and development of new revenue sources, such as taxing dividends. Any fiscally costly policies should be strictly avoided or offset. Given significant infrastructure gaps, increasing both the level and quality of public investment should be a key objective.

    Fiscal consolidation efforts should be accompanied by institutional and structural fiscal reforms. Strengthening fiscal discipline will require a review of existing fiscal rules to assess whether they are appropriately designed to meet macroeconomic management and developmental needs and whether there are sufficient institutional arrangements in place to ensure that they are met. The recent materialization of contingent liabilities related to international arbitration cases underscores the urgency of enhancing fiscal risk management. This includes timely identification of all sources of fiscal risks, assessment of risk magnitude and likelihood, development of mitigation strategies, and reinforcement of the institutional framework. In this context, improving the oversight and governance of state-owned enterprises (SOEs) is crucial. Reducing inefficiencies in public investment management remains a priority. This involves better project selection, rigorous appraisal processes, efficient and transparency procurement, and stronger portfolio management and oversight. Finally, implementing robust beneficiary registries would improve the targeting of social assistance programs by reducing inclusion and exclusion errors, improving efficiency, and enhancing transparency and accountability.

    Currency board arrangement and financial sector policies and reforms

    For three decades, the currency board arrangement (CBA) has been a cornerstone of macroeconomic stability and must be preserved. The CBA has ensured the stability of the domestic currency, while reinforcing policy credibility and fiscal discipline. Benefiting from strong institutional independence, the Central Bank (CBBH), has consistently maintained net foreign exchange reserves well above the level of its monetary liabilities. Safeguarding the CBBH’s independence is critical to preserving the credibility and effectiveness of the CBA.

    The CBBH should further strengthen the reserve requirement framework. In line with IMF advice, the CBBH applies differentiated remuneration rates on reserve requirements for foreign and domestic currency liabilities. Falling euro area interest rates offer an opportunity to reduce the gap with CBBH remuneration rates on required reserves and the opportunity costs for holding reserves. A further comprehensive review of the reserve requirement framework, with technical assistance from the IMF, and implementation of previous recommendations would further strengthen the CBBH’s capacity to achieve its policy objectives.  

    Sustained strong credit growth calls for close monitoring of systemic risks and continued efforts to safeguard banking sector resilience. Credit expansion has been driven by rising wages, declining lending rates, and a booming real estate market. Despite this rapid growth, banks remain well capitalized, liquid, and profitable, while the share of non-performing loans continues to decline. Nonetheless, vigilance is warranted. The authorities should closely monitor financial sector developments and be prepared to deploy macroprudential tools to address risks from credit growth and rising real estate prices. Following introduction of additional capital buffers for systemic risk (SyRB) and domestic systemically important banks (D-SIBs), the macroprudential toolkit should be expanded to include a countercyclical capital buffer (CCyB) and borrower-based measures such as limits on loan-to-value (LTV) ratios and debt-service to income (DSTI) ratios. To preserve resilience, reducing the regulatory capital requirement from 12 to 10 percent as planned from end-2026 should be avoided. The authorities are also advised to avoid further extensions of temporary regulatory measures that aim to contain lending rate increases and to remove limits on bank exposures to foreign governments and central banks.

    Progress made on coordination on financial sector issues, under the leadership of the CBBH, should be maintained. Regular financial sector coordination meetings strengthen inter-agency cooperation and help ensure smooth information exchange. Additionally, the authorities are encouraged to establish a country-wide Financial Stability Fund to support orderly bank resolution and to cooperate across state-level institutions and both entities to request a new IMF Financial Sector Assessment Program (FSAP)—already requested by the CBBH—to comprehensively assess resilience and outline a roadmap for further reform, including in the context of EU accession.

    We commend the CBBH and the other relevant authorities for their strong efforts to integrate BiH with the Single Euro Payments Area (SEPA). SEPA integration will enable faster and more convenient euro payments across borders within the SEPA area, lower transaction costs, and foster deeper trade and economic integration within Europe. It is crucial that the relevant legislative amendments are adopted in a timely manner to pave the way for the submission of the application for SEPA membership. In addition, the development of the TIPS Clone—the project implemented by the CBBH in cooperation with the Bank of Italy—will provide infrastructure for instant payments.

    Structural reforms

    Advancing toward EU membership will require a stronger, more coordinated, and results-driven approach. Persistent political fragmentation, lack of consensus among governing bodies, and limited administrative capacity continue to obstruct the adoption and execution of key reforms. In this context, timely adoption and implementation of the EU Growth Plan offers a valuable opportunity. Reforms under the growth plan will align BiH more closely with the EU single market, advance EU accession, and unlock €1 billion in additional financing over 2025–27 period.

    The authorities should accelerate energy sector reforms to reduce fiscal risks and prepare for implementation of the EU Carbon Border Adjustment Mechanism (CBAM). Key reforms include phasing out electricity subsidies over the medium term—while protecting vulnerable households—and advancing efficiency improvements in energy SOEs. CBAM charges are set to take effect from 2026, with the largest anticipated impact on the BiH electricity sector. To mitigate this, it is essential to establish a domestic power exchange system and an agreed roadmap and legislative framework for introduction of carbon pricing at the state level. These steps would enable BiH to unlock new investment in renewable electricity generation, reducing the overall burden of CBAM. Implementation of carbon pricing will allow BiH to retain carbon-related revenues domestically and potentially secure a CBAM exemption for electricity exports to the EU.

    Reforms that tackle the labor market, governance, and digitalization are also crucial. The authorities should take a structured approach to minimum wage increases that avoids high, frequent, and ad hoc adjustments. Complementary reforms are needed to address low labor market participation (particularly among women) and high youth unemployment. The authorities should urgently implement MONEYVAL priority actions to avoid being grey listed by the Financial Action Task Force (FATF) in early 2026. Grey listing could impose significant economic costs through reduced investment, delays in international payments, and increased transaction costs. Finally, developing digital identity and trust services, and providing government e-services, would strengthen the business environment.

    *   *   *   *   *

    The mission thanks the authorities and all other counterparts for their hospitality and for the constructive and insightful discussions in Sarajevo and Banja Luka.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Camila Perez

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/07/01/cs-070125-bosnia-and-herzegovina-staff-concluding-statement-for-2025-aiv-consultation-mission

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  • MIL-OSI: 38/2025・Trifork Group: Weekly report on share buyback

    Source: GlobeNewswire (MIL-OSI)

    Company announcement no. 38 / 2025
    Schindellegi, Switzerland – 1 July 2025

    Trifork Group: Weekly report on share buyback

    On 28 February 2025, Trifork initiated a share buyback program in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (MAR) and Commission Delegated Regulation (EU) 2016/1052, (Safe Harbour regulation). The share buyback program runs from 4 March 2025 up to and including no later than 30 June 2025. For details, please see company announcement no. 7 of 28 February 2025.

    Under the share buyback program, Trifork will purchase shares for up to a total of DKK 14.92 million (approximately EUR 2 million). Prior to the launch of the share buyback, Trifork held 256,329 treasury shares, corresponding to 1.3% of the share capital. Under the program, the following transactions have been made:

            Number of shares        Average purchase price (DKK)        Transaction value (DKK)
    Total beginning 131,724 89.36 11,771,127
    30 June 2025 1,800 92.95 167,310
    Accumulated 133,524 89.41 11,938,437
           

    A detailed overview of the daily transactions can be found here: https://investor.trifork.com/trifork-shares/. The number of shares bought back on 12 June 2025 was corrected from 1,900 to 1,800.

    Since the share buyback program was started on 4 March 2025, the total number of repurchased shares is 133,524 at a total amount of DKK 11,938,437.
    On 25 March, 25 April, 23 May and 25 June 2025, 5,739 shares acquired through the share buyback program were utilized for the Executive Management’s monthly fixed salary, representing a change from cash payment to payment partly in shares (refer to company announcement no. 1 of 21 January 2025). On 1 April and 30 June 2025, 20,306 shares acquired through the share buyback program were utilized to serve the RSU plan of Executive Management and certain employees.

    With the transactions stated above, Trifork holds a total of 363,808 treasury shares, corresponding to 1.8%. The total number of registered shares in Trifork is 19,744,899. Adjusted for treasury shares, the number of outstanding shares is 19,381,091.

    This concludes the share buyback program.

    Investor and media contact
    Frederik Svanholm, Group Investment Director, frsv@trifork.com, +41 79 357 73 17

    About Trifork
    Trifork (Nasdaq Copenhagen: TRIFOR) is a pioneering global technology company, empowering enterprise and public sector customers with innovative digital products and solutions. With 1,215 professionals across 71 business units in 16 countries, Trifork specializes in designing, building, and operating advanced software across sectors such as public administration, healthcare, manufacturing, logistics, energy, financial services, retail, and real estate. The Group’s R&D arm, Trifork Labs, drives innovation by investing in and developing synergistic, high-potential technology companies. Learn more at trifork.com.

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  • MIL-OSI: GAMCO Expects to Report Diluted EPS for the Second Quarter 2025 of $0.89 to $0.94 Per Share

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., July 01, 2025 (GLOBE NEWSWIRE) — GAMCO Investors, Inc. (“Gabelli”) (OTCQX: GAMI) announced today that assets under management (“AUM”) were $33.3 billion at June 30, 2025 as compared to $30.7 billion at June 30, 2024.

    Gabelli expects to report second quarter 2025 diluted earnings in the range of $0.89 to $0.94 per share versus $0.61 per share for the second quarter of 2024.

    These results include the investment management services business of Keeley acquired from Teton Advisors, Inc. (OTC Pink: TETAA) on May 1, 2025. Keeley consists of four mutual funds and approximately 500 separately managed accounts (SMAs) with AUM of close to $1.0 billion.

    Gabelli plans to review further details with its financial results in early August.

    About GAMCO Investors, Inc.

    Gabelli (OTCQX: GAMI), established in 1977, is a widely-recognized provider of investment advisory services to 27 open-end funds, 13 United States closed-end funds and one United Kingdom limited investment company, 5 actively managed exchange traded funds, one société d’investissement à capital variable, and approximately 1,900 institutional and private wealth management investors principally in the U.S. The Company’s revenues are based primarily on the levels of assets under management and fees associated with the various investment products.

    In 1977, Gabelli launched its well-known All Cap Value equity strategy, Gabelli Value, in a separate account format and in 1986 entered the mutual fund business. Today, Gabelli offers a diverse set of client solutions across asset classes (e.g. Equities, Debt Instruments, Convertibles, non-market correlated Merger Arbitrage), regions, market capitalizations, sectors (e.g. Gold, Utilities) and investment styles (e.g. Value, Growth). Gabelli serves a broad client base, including institutions, intermediaries, offshore investors, private wealth, and direct retail investors.

    CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS

    The financial results set forth in this press release are preliminary. Our disclosure and analysis in this press release, which do not present historical information, contain “forward-looking statements” within the meaning of the U.S. Private Securities Litigation Reform Act of 1995.  Forward-looking statements convey our current expectations or forecasts of future events. You can identify these statements because they do not relate strictly to historical or current facts. They use words such as “anticipate,” “estimate,” “expect,” “project,” “intend,” “plan,” “believe,” and other words and terms of similar meaning. They also appear in any discussion of future operating or financial performance. In particular, these include statements relating to future actions, future performance of our products, expenses, the outcome of any legal proceedings, and financial results. Although we believe that we are basing our expectations and beliefs on reasonable assumptions within the bounds of what we currently know about our business and operations, the economy, and other conditions, there can be no assurance that our actual results will not differ materially from what we expect or believe. Therefore, you should proceed with caution in relying on any of these forward-looking statements. They are neither statements of historical fact nor guarantees or assurances of future performance.

    Forward-looking statements involve a number of known and unknown risks, uncertainties and other important factors, some of which are listed below, that are difficult to predict and could cause actual results and outcomes to differ materially from any future results or outcomes expressed or implied by such forward-looking statements. Some of the factors that may cause our actual results to differ from our expectations include risks associated with a decline in the securities markets that adversely affect our assets under management, negative performance of our products, the failure to perform as required under our investment management agreements, and a general downturn in the economy that negatively impacts our operations. We also direct your attention to the more specific discussions of these and other risks, uncertainties and other important factors contained in our Annual Report and other public filings. Other factors that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We do not undertake to update publicly any forward-looking statements if we subsequently learn that we are unlikely to achieve our expectations whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact: Kieran Caterina
      SVP, Chief Accounting Officer
      (914) 921-5149
       
      For further information please visit
      www.gabelli.com

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