NewzIntel.com

Category: Finance

  • MIL-OSI Canada: Prime Minister announces new parliamentary secretary team

    Source: Government of Canada – Prime Minister

    Today, the Prime Minister, Mark Carney, announced a new parliamentary secretary team focused on building Canada strong.

    Canadians elected this new government with a mandate to define a new economic and security relationship with the United States, to build a stronger economy, to bring down costs, and to keep our communities safe. Parliamentary secretaries will support their respective cabinet ministers and secretaries of state to deliver on this mandate.

    The new parliamentary secretary team is appointed as follows:

    • Karim Bardeesy becomes Parliamentary Secretary to the Minister of Industry
    • Jaime Battiste becomes Parliamentary Secretary to the Minister of Crown-Indigenous Relations
    • Rachel Bendayan becomes Parliamentary Secretary to the Prime Minister
    • Kody Blois becomes Parliamentary Secretary to the Prime Minister
    • Sean Casey becomes Parliamentary Secretary to the Minister of Veterans Affairs and Associate Minister of National Defence
    • Sophie Chatel becomes Parliamentary Secretary to the Minister of Agriculture and Agri-Food
    • Madeleine Chenette becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Sport)
    • Maggie Chi becomes Parliamentary Secretary to the Minister of Health
    • Leslie Church becomes Parliamentary Secretary to the Secretaries of State for Labour, for Seniors, and for Children and Youth, and Parliamentary Secretary to the Minister of Jobs and Families (Persons with Disabilities)
    • Caroline Desrochers becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
    • Ali Ehsassi becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Canada-U.S. Trade)
    • Mona Fortier becomes Parliamentary Secretary to the Minister of Foreign Affairs
    • Peter Fragiskatos becomes Parliamentary Secretary to the Minister of Immigration, Refugees and Citizenship
    • Vince Gasparro becomes Parliamentary Secretary to the Secretary of State (Combatting Crime)
    • Wade Grant becomes Parliamentary Secretary to the Minister of Environment and Climate Change
    • Claude Guay becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
    • Brendan Hanley becomes Parliamentary Secretary to the Minister of Northern and Arctic Affairs
    • Corey Hogan becomes Parliamentary Secretary to the Minister of Energy and Natural Resources
    • Anthony Housefather becomes Parliamentary Secretary to the Minister of Emergency Management and Community Resilience
    • Mike Kelloway becomes Parliamentary Secretary to the Minister of Transport and Internal Trade
    • Ernie Klassen becomes Parliamentary Secretary to the Minister of Fisheries
    • Annie Koutrakis becomes Parliamentary Secretary to the Minister of Jobs and Families
    • Kevin Lamoureux becomes Parliamentary Secretary to the Leader of the Government in the House of Commons
    • Patricia Lattanzio becomes Parliamentary Secretary to the Minister of Justice and Attorney General of Canada
    • Ginette Lavack becomes Parliamentary Secretary to the Minister of Indigenous Services
    • Carlos Leitao becomes Parliamentary Secretary to the Minister of Industry
    • Tim Louis becomes Parliamentary Secretary to the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs and One Canadian Economy (Intergovernmental Affairs and One Canadian Economy)
    • Jennifer McKelvie becomes Parliamentary Secretary to the Minister of Housing and Infrastructure
    • Marie-Gabrielle Ménard becomes Parliamentary Secretary to the Minister of Women and Gender Equality and Secretary of State (Small Business and Tourism)
    • David Myles becomes Parliamentary Secretary to the Minister of Canadian Identity and Culture and Minister responsible for Official Languages and Parliamentary Secretary to the Secretary of State (Nature)
    • Yasir Naqvi becomes Parliamentary Secretary to the Minister of International Trade and Parliamentary Secretary to the Secretary of State (International Development)
    • Taleeb Noormohamed becomes Parliamentary Secretary to the Minister of Artificial Intelligence and Digital Innovation
    • Rob Oliphant becomes Parliamentary Secretary to the Minister of Foreign Affairs
    • Tom Osborne becomes Parliamentary Secretary to the President of the Treasury Board
    • Jacques Ramsay becomes Parliamentary Secretary to the Minister of Public Safety
    • Pauline Rochefort becomes Parliamentary Secretary to the Secretary of State (Rural Development)
    • Sherry Romanado becomes Parliamentary Secretary to the Minister of National Defence
    • Jenna Sudds becomes Parliamentary Secretary to the Minister of Government Transformation, Public Works and Procurement and Parliamentary Secretary to the Secretary of State (Defence Procurement)
    • Ryan Turnbull becomes Parliamentary Secretary to the Minister of Finance and National Revenue and Parliamentary Secretary to the Secretary of State (Canada Revenue Agency and Financial Institutions)

    Prime Minister Carney also announced that Élisabeth Brière will serve as Deputy Chief Government Whip, and Arielle Kayabaga will serve as Deputy Leader of the Government in the House of Commons.

    Quote

    “Canada’s new parliamentary secretary team will deliver on the government’s mandate for change, working collaboratively with all parties in Parliament to build the strongest economy in the G7, advance a new security and economic partnership with the United States, and help Canadians get ahead.”

    Quick Fact

    • Parliamentary secretaries are chosen by the Prime Minister to assist ministers and secretaries of state.

    Associated Link

    MIL OSI Canada News –

  • MIL-OSI USA: Just Passing Through: Remarks at the Meeting of the SEC Investor Advisory Committee

    Source: Securities and Exchange Commission

    Thank you, Brian [Schorr]. Good morning and thank you to all of the Committee members and panelists for your participation today. Your two panel discussions should be interesting, and I hope you will have a robust discussion about the draft recommendation on investment adviser arbitration.

    Pass-through voting for funds arose as a response to concerns that some fund advisers seemed to have forgotten to whom voting rights belong. Advisers, for example, were signing on to pledges to vote the shares of the funds they advised in accordance with third-party principles, and some asset manager stewardship teams were making cross-complex voting recommendations without regard for disparate fund objectives. As noted in today’s meeting agenda, “[t]he right to vote at a shareholder meeting belongs to the registered shareowner under state law.”[1] In the case of investment funds, the right belongs not to the adviser and not even to the fund investors, but to the fund itself.[2]

    A fund’s board may delegate voting power to its adviser, but the adviser must exercise it in the interests of that fund and that fund alone. In making the voting decision, the adviser owes a fiduciary duty to its client—the fund—not to fund investors.[3] An asset manager that advises a large passive index fund and a small environmental impact fund may be tempted to use the leverage afforded by the index fund’s large holding in a company to pressure the company to take actions that would align with the environmental fund’s objectives. Such active engagement, however, is at odds with the passivity of the index fund.[4]

    Does pass-through voting, which effectively hands the fund’s votes to the subset of fund investors who choose to express their preferences, respect the reality of the fund’s ownership? As you think about this question, bear in mind that regardless of their individual views on issues on which the fund may be called to vote, when investors in a fund choose to invest in a fund, they are signing on to the fund’s objectives.

    With respect to your second panel topic: non-GAAP financial disclosures, today’s meeting agenda rightfully points out their ability to “help frame financial results from management’s perspective.”[5] But more than offering additional perspective, such measures may reflect the actual metrics by which management evaluates its business. I hope the Committee will assess to what extent standardizing non-GAAP measures may undermine their inherent which is to provide particularized nuance to already standardized GAAP measures.

    I appreciate the Committee’s consideration of mandatory arbitration clauses by registered investment advisers and the work that went into the draft recommendation that you will consider today.[6] The draft suggests that the Commission should harmonize the regulation of predispute arbitration clauses for registered investment advisers and broker-dealers. In its discussion, I hope the Committee will consider the following questions:

    1. As I mentioned at the December 10, 2024 discussion of these issues, freedom of contract is a bedrock principle.[7] How is the Committee thinking about that principle in connection with these draft recommendations?
    2. Would harmonization in the area of arbitration obscure the different regulatory approaches for broker-dealers and investment advisers? The former is more rules-based and administered by FINRA, whereas the latter is principles-based and administered directly by the SEC without the assistance of an SRO.
    3. Applying FINRA Rule 2268 to investment advisers, as the draft proposes, would prohibit investment advisers from, among other things, including in advisory agreements any clause that limits or contradicts the rules of any self‑regulatory organization. Given the absence of an SRO for advisers, how would investment advisers comply with this rule?
    4. I found the discussion of investment adviser arbitration clauses at the December meeting and in the report presented by Staci Puente valuable. As noted in the report, however, only 5% of advisory agreements with retail clients that contained mandatory arbitration clauses (approximately 61% of such advisory agreements) limited claims that a client may assert and only 11% limited damages that may be awarded. Given these statistics and the fact that some states have addressed adviser arbitration clauses, should the Commission use its limited resources to engage in a rulemaking on investment adviser arbitration?

    Thank you again for your willingness to dedicates so much of your time to the Investor Advisory Committee. Thank you also to Cristina Martin-Firvida, Marc Sharma, and Adam Moore for their work with the Committee.

    [2] See Disclosure of Proxy Voting Policies and Proxy Voting Records by Registered Management Investment Companies, 68 Fed. Reg. 6564, 6565 (Feb. 7, 2003), https://www.govinfo.gov/content/pkg/FR-2003-02-07/pdf/03-2951.pdf (“Because a mutual fund is the beneficial owner of its portfolio securities, the fund’s board of directors, acting on the fund’s behalf, has the right and the obligation to vote proxies relating to the fund’s portfolio securities. As a practical matter, however, the board typically delegates this function to the fund’s investment adviser as part of the adviser’s general management of fund assets, subject to the board’s continuing oversight.”).

    [3] See Goldstein v. SEC, 451 F.3d 873, 881 (D.C. Cir. 2006) (“If the investors are owed a fiduciary duty and the entity is also owed a fiduciary duty, then the adviser will inevitably face conflicts of interest. Consider an investment adviser to a hedge fund that is about to go bankrupt. His advice to the fund will likely include any and all measures to remain solvent. His advice to an investor in the fund, however, would likely be to sell. . . . While the shareholders may benefit from the professionals’ counsel indirectly, their individual interests easily can be drawn into conflict with the interests of the entity. It simply cannot be the case that investment advisers are the servants of two masters in this way.” (footnote omitted)); Nat’l Ass’n of Priv. Fund Managers v. SEC, 103 F.4th 1097, 1103 (5th Cir. 2024) (“In the private fund context, that client is the fund itself – not the fund’s investors.”).

    MIL OSI USA News –

  • MIL-OSI USA: Governor Polis makes Appointments to the District Courts in the 4th and 17th Judicial Districts

    Source: US State of Colorado

    DENVER – Today, Governor Polis appointed Kelly J. McPherson and Sherri R. Gryboski to the 4th Judicial District Court. Kelly J. McPherson’s appointment is to fill a new judgeship created pursuant to Senate Bill 25-024 and is effective July 1, 2025. Sherri R. Gryboski’s appointment is created by the resignation of the Honorable David A. Gilbert and is effective July 12, 2025. 

    Kelly J. McPherson 

    Ms. McPherson is a Magistrate in the 4th Judicial District, a position she has held since 2025. Her docket consists of domestic relations matters. Previously, she was the Founding Partner and Attorney at Knies, Helland, and McPherson Law (2017-2024); Attorney at Dailey Law (2016-2017); and Attorney at Black and Graham Law (2015-2016). Ms. McPherson earned her B.S. from the United States Air Force Academy in 2004, and her J.D. from the University of Denver Sturm College of Law in 2015. 

    Sherri R. Gryboski 

    Ms. Gryboski is a District and County Court Magistrate in the 4th Judicial District, a position she has held since 2021. Her docket consists of domestic relations matters. Previously, she was a Child and Family Investigator/Child Legal Representative (2018-2021); Adult Guardian ad Litem (2012-2021); Private Attorney at Sherri Gryboski P.C. (2008-2021); Deputy District Attorney in the 4th Judicial District Attorney’s Office (2000-2008); and Attorney at the Law Firm of J. Douglas Scherling (1999). Ms. Gryboski earned her B.S. from the University of Florida in 1994, and her J.D. from Hamline University School of Law in 1999. 

    Governor Polis also appointed Sara S. Price to the 17th Judicial District Court. The appointment is to fill a new judgeship created pursuant to Senate Bill 25-024 and is effective July 1, 2025. 

    Sara S. Price 

    Ms. Price is a District Court Magistrate in the 17th Judicial District, a position she has held since 2021. Her docket consists of probate, mental health, and adoption matters. Previously, Ms. Price was an Associate Attorney at Frazer-Abel Law, LLC (2015-2021); Associate Attorney at Pelegrin Radeff & Frazer-Abel PC (2013-2015); Law Clerk for Judge Stephen M. Munsinger (2010-2013); and Attorney at the Law Office of Charles H. Torres PC (2009-2010). Ms. Price earned her B.S. from University of New Hampshire in 2004, and her J.D. from Pace University School of Law in 2008.

    MIL OSI USA News –

  • MIL-OSI USA: Transformative Infrastructure Projects in Village of Catskill

    Source: US State of New York

    overnor Kathy Hochul today announced the start of construction on transformative water and sewer projects totaling $30 million in the Village of Catskill. The Village is modernizing its outdated wastewater and stormwater system to safeguard the Hudson River and build a stronger, more resilient community. The village is also replacing a century-old water main and undertaking additional improvements that will protect drinking water. A combination of State, federal and local investments, including more than $24 million in grants, are making the projects affordable for local ratepayers while delivering good-paying jobs to the Capital District. The projects signify important progress for Catskill — cleaner water, stronger infrastructure and new opportunities for growth.

    “This project reflects New York’s unwavering commitment to clean water and affordability,” Governor Hochul said. “By upgrading outdated water systems and reducing harmful pollution in the Hudson River, we’re ensuring that communities have access to safe, clean water, without placing added strain on family budgets. These investments are not only protecting the health of our residents today but also creating a more sustainable future for New Yorkers.”

    Catskill’s sewer project will reduce inflow and filtration in the sanitary sewers, allowing for the future decommissioning of four outdated sewer outfalls that currently discharge untreated or partially treated wastewater into the Hudson River during heavy rain events. By upgrading key components of the local sewer network, the project will reduce pollution, ensure reliable wastewater services for residents, and strengthen the community’s resilience to extreme weather-related impacts.

    The drinking water project is part of a comprehensive effort that includes replacing aging water mains, reconstructing the sedimentation basin, constructing a new water storage tank, and upgrading the existing water filtration plant. This project marks a significant step toward ensuring the long-term health and safety of the village’s water supply.

    These projects are funded by grants from Governor Hochul’s continued commitment to clean water and investments from the State Revolving Funds, enhanced in part by the federal Infrastructure Investment and Jobs Act (IIJA). The State Revolving Funds are New York’s primary financial vehicle for advancing the State’s clean water goals, delivering billions annually to communities statewide. The additional federal investment through IIJA has expanded the Funds’ reach, allowing more communities to undertake critical water and sewer projects while minimizing the financial burden on local ratepayers.

    This investment is part of New York’s broader strategy to maximize the impact of state and federal infrastructure dollars, ensuring every region benefits from cleaner water, safer systems, and long-term sustainability.

    The sewer project funding includes:

    • $13.7 million from the State’s Water Quality Improvement Program and Water Infrastructure Improvement grants
    • $7.5 million federal grant and $3.8 million interest-free financing from the Clean Water State Revolving Fund, enhanced by IIJA funding

    The drinking water project funding includes:

    • $2.9 million from the State’s Water Infrastructure Improvement grant program
    • $2 million in low-interest financing from the Drinking Water State Revolving Fund

    In addition to protecting water quality, the projects will support construction, manufacturing, engineering, and other related industry jobs. The projects will be completed in multiple phases. This phase is expected to be completed in Summer 2026.

    Environmental Facilities Corporation President and CEO Maureen A. Coleman said, “EFC is proud to support these vital projects that will directly benefit Catskill and the communities along the Hudson River, and further Governor Hochul’s statewide commitment to clean water. Thanks to the power of the State Revolving Funds and New York’s targeted water infrastructure grants, we’re helping communities afford projects that otherwise might be out of reach. These investments not only protect our environment but also ensure long-term affordability for local ratepayers.”

    Department of Environmental Conservation Commissioner Amanda Lefton said, “The village of Catskill’s critical infrastructure projects will safeguard drinking water, reduce pollution in the Hudson River, and enhance resiliency in the face of increasingly destructive storms. DEC is proud to partner with EFC and village leaders as we advance Governor Hochul’s clean water priorities and make record state investments in projects like this so they are more affordable for communities and protect residents throughout the region.”

    New York State Health Commissioner Dr. James McDonald said, “Governor Hochul continues to show her commitment to ensuring access to safe drinking water for communities like Catskill and throughout the State of New York. Investments in water infrastructure that are affordable for all are essential to public health. The State Health Department will continue to work with our federal, state and local partners to protect this most vital resource and the health of New Yorkers.”

    Senator Charles Schumer said, “Every family and resident in Catskill should have access to clean drinking water and a modern water-sewer system. I’m proud to deliver millions in federal funding from our bipartisan Infrastructure, Investment & Jobs law to modernize the village’s wastewater and stormwater system. This will help clean the Hudson River by cleaning up the sewer outflows and ensuring residents have access to cleaner drinking water – all while creating good-paying jobs, jobs, jobs. I’m grateful for Governor Hochul’s partnership in the fight to turn the tide on our state’s aging water infrastructure to keep our communities economically safe, healthy and economically vibrant.”

    State Senator Michelle Hinchey said, “Investing in modern water infrastructure is one of the most effective ways we can protect the Hudson River Valley watershed and ensure clean, reliable drinking water for local communities like the Village of Catskill. New York has some of the oldest water systems in the country, and too often, the cost of these upgrades is insurmountable for small communities to manage on their own. I’m proud to have helped secure the state support that made these water infrastructure improvements in Catskill possible, and I thank Governor Hochul for her partnership in getting it done.”

    Greene County Director of Economic Development, Tourism, and Planning James Hannahs said, “Access to clean drinking water and effective stormwater management is essential for the high quality-of-life factor that Greene County strives to strengthen and maintain. With these necessary updates to their water infrastructure and resilient safeguards to the Hudson River, the Village of Catskill will solidify its profile as the premiere destination to raise a family, open a business, and connect with the Great Northern Catskills.”

    Catskill Village Board President Natasha Law said, “The Village of Catskill is excited to announce that we are officially breaking ground on our water and sewer projects, funded by $16.6 million in state grants, $7.5 million in federal grants, and additional financing from the Clean Water and Drinking Water State Revolving Funds. These essential improvements will protect water quality within our community. We anticipate completing this phase by Summer 2026 and look forward to the positive impact on our village.”

    New York’s Commitment to Water Quality

    New York State continues to increase its nation-leading investments in water infrastructure, including more than $2.2 billion in financial assistance from EFC for local water infrastructure projects in State Fiscal Year 2024 alone. With $500 million allocated for clean water infrastructure in the FY26 Enacted Budget announced by Governor Hochul, New York will have invested a total of $6 billion in water infrastructure between 2017 and this year. Any community needing assistance with water infrastructure projects is encouraged to contact EFC. New Yorkers can track projects benefiting from EFC’s investments using the interactive project impact dashboard.

    MIL OSI USA News –

  • MIL-OSI USA: Kugler, The Economic Outlook and Appropriate Monetary Policy

    Source: US State of New York Federal Reserve

    Thank you, Barbara, and thank you for the invitation to speak to you today. It is an honor to join other members of the Federal Open Market Committee (FOMC) who have addressed the Economic Club of New York over the years.1
    My subject is the current state of the U.S. economy, the economic outlook, and the implications for monetary policy. The short version is that the labor market appears resilient and stable and economic activity is continuing to grow, although at a more moderate pace than in the second half of last year.
    While the labor market is currently at or near the FOMC’s goal of maximum employment, there is the prospect that trade and other policy changes could raise the unemployment rate and push employment away from our objective. These policies, especially higher import tariffs, could also raise inflation over the rest of this year. In fact, while progress toward the FOMC’s goal of 2 percent inflation has continued, we have seen an escalation in goods inflation and data from surveys, and non-traditional sources point to some inflationary pressures as well.
    In addition to increases in U.S. import tariffs and retaliatory increases in the tariffs foreign countries apply to U.S. exports, other policy changes, either proposed or already underway relate to immigration, fiscal policy and regulation. Those policies could affect economic conditions, and since it is the FOMC’s job to set monetary policy that is best able to achieve our mandated goals of maximum employment and stable prices, we must consider the effects of these policies. So far, we are beginning to see the impact only of higher tariffs on inflation. Still, thinking about the outlook requires consideration of how the economy could be affected by all these policy changes moving forward.
    It remains difficult to judge the current strength of economic activity, based on data through the first four months of 2025, primarily because of the front-loading of imports ahead of the implementation of tariffs. While real gross domestic product (GDP) declined slightly in the first quarter, that was largely because of a surge in imports ahead of anticipated tariff increases, a surge that will likely reverse. Putting aside fluctuations in trade and in inventories and focusing on the April data, personal income and consumption point to a slight moderation in economic activity. While personal disposable income increased at a healthy pace so far this year, consumption grew more slowly in April, which may indicate consumers are becoming more cautious. That said, there is considerable uncertainty about imports in the second quarter and uncertainty about the impact that higher prices will have on spending, so I will be looking for more evidence about economic activity in May ahead of the FOMC’s next meeting, June 17 and 18.
    One encouraging sign about economic activity is the resilience of the labor market. We will get the May employment report tomorrow, but the data in hand indicate that employment has continued to grow and that labor supply and demand remain in relative balance. In April, employers added 177,000 jobs, slightly higher than the average for the previous six months. The unemployment rate was steady in April at 4.2 percent, in the historically low range of 4 percent to 4.2 percent that it has remained in since May 2024. Data on job openings and quits for April likewise point to a resilient but somewhat looser labor market with a balance of supply and demand. The vacancy rate, a measure of demand for workers, was 4.4 percent, down from a peak of 7.4 percent three years ago and roughly the same level as just before the pandemic.2 The quits rate, an indicator of the confidence workers feel in finding a job, has been in the narrow range of 1.9 to 2.2 percent since December 2023, and just a bit below the average level in 2019.3
    Ahead of tomorrow’s employment report, other data that we have for May are generally consistent with this picture of the labor market but may suggest some cooling. The average of private-sector forecasters’ predictions for total job creation is 130,000.4 Also, while the pace of job layoffs remained at historically low levels through the final week of May, based on the number of new claims for unemployment benefits, other measures suggest modest increases in layoffs. For instance, Worker Adjustment and Retraining Notifications (WARN notices) of layoffs have ticked up since the beginning of the year, as have the mentions of layoffs in the Fed’s Beige Book survey and job cuts data reported by Challenger, Gray and Christmas.
    The other side of the FOMC’s dual mandate is price stability. Progress in lowering inflation toward the Committee’s 2 percent target has slowed some since last summer, even if headline and core inflation have continued to decline. The FOMC’s preferred inflation gauge, based on personal consumption expenditures (PCE), grew at a 2.1 percent annual rate in April. While that is quite close to the FOMC’s target, it was dragged down by a decline in energy prices. Core inflation—which excludes volatile prices for food and energy and is a good guide to future inflation—came in at 2.5 percent, so I do believe that our monetary policy stance, which I view as modestly restrictive, is currently appropriate to achieve and sustain 2 percent inflation over the longer term.
    Sticking with core inflation, to help me judge ongoing progress toward price stability, I like to look at the 12-month change in each of the three main categories of core inflation: housing services, services excluding housing, and goods. The PCE price index for housing services has declined markedly in the past year, from 5.7 percent in April 2024 to 4.2 percent in April this year, but it is still considerably above the level that persisted before the pandemic. Meanwhile, the PCE price index for core services excluding housing, which makes up more than half of core PCE inflation, has declined from 3.6 percent in April last year to 3 percent in April 2025, still somewhat above the level that prevailed before the pandemic. And the third category is core goods inflation, which rose at a 0.2 percent annual rate in the 12 months through April, compared with April 2024 when it had actually fallen 0.5 percent over the previous 12 months. In recent decades, core goods prices have typically fallen over time, helping to keep a lid on overall inflation, so this is a meaningful reversal of the disinflationary process. To sum up, while core services inflation has fallen, it is still running above the rate before the pandemic, and the progress on core goods inflation has reversed. I have been paying attention to this reversal for some time and how this could be exacerbated by the announced and implemented tariffs.
    Research published recently by Federal Reserve Board staff calculates the pass-through of tariffs enacted before April 2 to individual product categories tracked in personal consumption expenditures.5 Using PCE data from February through April, the authors estimate that the 20 percentage point increase in tariffs on Chinese imports earlier in the year raised overall core PCE prices by two tenths of 1 percent. Since tariffs on China are currently higher than 20 percent, and tariffs have increased for other countries, these results tell me, first, that the pass-through of tariffs into prices is relatively quick, and, second, should elevated tariffs persist, even just in the short run, larger effects may be coming soon. The import surge I mentioned earlier, ahead of sharp tariff increases, has delayed the price effects associated with those tariffs, and the reversal in that surge that I expect in the next few months will likely signal larger price increases.
    An important feature of most of the data I have mentioned so far is that it is released with significant lags. For example, the initial estimate of GDP is released about 30 days after the end of the quarter, and two later revisions mean that we may not get a clear idea of how output increased until nearly three months afterward. Monthly data on job openings are typically released with a one-month delay. The reasons for these lags are well known. For instance, statistical agencies can only survey households and businesses every so often, and it takes time to compile and publish high-quality statistics. Still, if policymakers solely rely on these traditional data to forecast what the economy will do in the future, they end up focusing on the past, which is a little like driving down the road by looking in a rearview mirror.
    As I mentioned in my speech last year to the National Association for Business Economics, there has been an explosion of nontraditional or soft data produced by the private sector, giving us an opportunity to measure economic developments with greater timeliness (sometimes even in real time), at a higher frequency, and with more granularity.6 These data are released closer to the time of collection, such as several surveys from the Federal Reserve Banks. Given today’s fast-changing and uncertain environment, soft and non-traditional data becomes all the more important.
    That said, nontraditional data often face their own challenges, including issues with representativeness, the lack of methodological consistency, and a short time-series history. And, to be clear, while some non-traditional data are indeed “soft data” in that they capture sentiment or expectations, other data in this category are decidedly “hard,” since they are based on actual decisions and actions by businesses and households. In evaluating both traditional and nontraditional data on the economy, I face a tradeoff between timeliness and precision, but both sources are essential for me in formulating an outlook.
    So, in the context of hard data that has lately been providing a less-than-clear view of the economy, what are the nontraditional data telling me about meeting the FOMC’s two economic objectives? On the price-stability side, survey data from businesses suggest that price increases are coming. These surveys report diffusion indexes, which are calculated as the percentage of total respondents reporting increases in prices minus the percentage reporting declines. Surveys for May point to indexes for inputs and selling prices being elevated relative to the beginning of the year, probably reflecting effects from higher tariffs. Manufacturing and non-manufacturing surveys from the Institute for Supply Management (ISM), as well as several surveys from the Federal Reserve Banks report increases in material prices and prices charged to customers, with many respondents volunteering that this is related to tariff increases.
    I believe expectations of future inflation are an important determinant of current inflation, and data for May continue to point to increases in measures of near-term inflation expectations. An average of private-sector economists published by the Survey of Professional Forecasters finds that expectations for core PCE inflation over the next year moved up from 2.4 percent in April to 2.9 percent in May. Among data on inflation expectations, the most dramatic increases have been seen in the University of Michigan Surveys of Consumers. While I take seriously the concern that recent methodological changes in the survey may have made this measure less reliable, this survey is a longstanding and important barometer of consumer sentiment, and I still monitor the signals it is giving us closely. According to the Michigan survey, consumers expect inflation in the next year to average 6.6 percent and over the next 5 to 10 years to average 4.2 percent. Tariffs continued to be an important issue in the Michigan survey, with nearly three-quarters of consumers mentioning them, up from almost 60 percent in April. Firms have also raised their inflation expectations, with a survey by the Cleveland Fed reporting an increase in one-year-ahead expectations from 3.2 percent in the first quarter to 3.9 percent in the second.
    However, I still see stability in most measures of longer-run inflation expectations. Notably, expectations among professional forecasters for inflation 6 to 10 years ahead decreased from 2.1 percent in April to 2 percent in May. That provides me some comfort, as it points to confidence from the public in the Fed to bring inflation to our goal of 2 percent over the medium term.
    Recent developments and the data I have been monitoring have led me to consider at least three channels through which tariffs could have a persistent influence on inflation. First, as I have mentioned in some previous speeches, while it is true that short-run inflation expectations are influenced by short-term economic shocks, I value them because they often represent the horizon of decisionmaking for businesses and consumers.7 The increase in short-run inflation expectations that I previously mentioned may give businesses more leeway to raise prices, thus increasing the persistence of inflation. A second channel for tariffs influencing inflation could be opportunistic pricing by firms, if they take advantage to increase prices of items not directly affected by tariffs. This, along with tariffs on intermediate goods, could generate second-round effects on inflation. And a third channel is that lower productivity may lead to upward pressure on prices. As firms adjust to the higher input costs and lower demand, they may cut back on capital investment and shift to a less-efficient combination of inputs. While, so far, I have only seen anecdotal evidence for the opportunistic pricing among these three channels, I am closely monitoring any signs of increased persistence on inflation.
    Nontraditional data indicators of real activity suggest that the economy might be starting to slow. Measures of household sentiment about economic conditions remain downbeat, such as those from the University of Michigan or the Conference Board. As for businesses, manufacturing surveys, such as the ISM, report a slowing in new orders. Additionally, the May Beige Book reports that economic activity has declined slightly relative to April. On the services side, representing the majority of businesses, the ISM PMI has trended down in the past few months and reached a level in May consistent with stagnation. Focusing on the ISM services new order component, it declined significantly in May to one of its lowest levels in recent years.
    In summary, the nontraditional data on economic activity are consistent with my overall assessment that we might be seeing some moderation in the growth of economic activity but not yet a significant slowdown. As policies on fiscal matters and immigration take shape, I find it important to also account for their implications for the U.S. economic outlook. On the fiscal side, the omnibus bill passed by the House would add stimulus to the economy.8 On the immigration side, we have seen inflows substantially down since last year, which decreases the labor supply and could add meaningful upward pressure to inflation by the end of the year in sectors reliant on immigrant labor such as agriculture, construction, food processing, and leisure and hospitality. That said, I have not yet seen much of an imprint on wages from these developments.
    Let me conclude with the implications of all this for monetary policy. As inflation has declined over the past two years, due in part to tighter monetary policy, the U.S. economy has remained resilient, with stable labor markets and employment near its maximum sustainable level. Disinflation has slowed, and we are already seeing the effects of higher tariffs, which I expect will continue to raise inflation over 2025. I see greater upside risks to inflation at this juncture and potential downside risks to employment and output growth down the road, and this leads me to continue to support maintaining the FOMC’s policy rate at its current setting if upside risks to inflation remain. I view our current stance of monetary policy as well-positioned for any changes in the macroeconomic environment.
    Thank you for the opportunity to speak to you today, and I look forward to what I expect will be interesting questions.

    1. The views expressed here are my own and not necessarily those of my colleagues on the Federal Reserve Board or the Federal Open Market Committee. Return to text
    2. The vacancy rate is defined as the number of vacant jobs as a percentage of total employment. Return to text
    3. The quits rate is defined as the percentage of employees who voluntarily quit their jobs relative to total employment. Return to text
    4. I report here the median of economists’ expectations for total nonfarm payrolls polled by Bloomberg. Return to text
    5. See Robert Minton and Mariano Somale (2025), “Detecting Tariff Effects on Consumer Prices in Real Time,” FEDS Notes (Washington: Board of Governors of the Federal Reserve System, May 9). Return to text
    6. See Adriana D. Kugler (2024), “The Challenges Facing Economic Measurement and Creative Solutions,” speech delivered at the 21st Annual Economic Measurement Seminar, National Association for Business Economics Foundation, Washington, June 16. Return to text
    7. See Adriana D. Kugler (2025), “Inflation Expectations and Monetary Policymaking,” speech delivered at the Griswold Center for Economic Policy Studies and the Julis-Rabinowitz Center for Public Policy and Finance, Princeton University, Princeton, N.J., April 2. Return to text
    8. See Congressional Budget Office (2025), Preliminary Analysis of the Distributional Effects of the One Big Beautiful Bill Act (Washington: CBO, May). Return to text

    MIL OSI USA News –

  • MIL-OSI USA: Remarks at the Meeting of the Investor Advisory Committee

    Source: Securities and Exchange Commission

    Good afternoon and welcome to the second Investor Advisory Committee meeting of 2025, and the first of my Chairmanship. I wish I could be there with you in person. I am now in my third tour of duty at the SEC—having previously served from 1990-1994 on the staff of former Chairmen Richard Breeden and Arthur Levitt, as a Commissioner from 2002-2008, and now as Chairman. As I have said before, it is a new day at the SEC, and I look forward to working with the Committee in this important work.

    Earlier this year, the Commission made a call for candidates to fill vacancies on the Committee. We received almost 200 submissions. Commission staff is now in the process of reviewing these submissions to make recommendations to the Commissioners on which candidates to interview. Hopefully, final selections will be made in time for the new members to join your next quarterly meeting in September. The substantial interest in joining the Committee demonstrates the importance of the work that all of you are doing, and I thank you for your commitment to public service.

    At today’s meeting, the Committee will discuss the proxy voting process for funds and trends in pass-through voting. The topic of proxy voting, proxy advisors, and shareholder activism is extremely important to me, because not only does it have profound implications for corporate governance, but, in the context of funds, it also implicates the fundamental fiduciary duty that advisers owe clients to act in their best interest. I must underscore that investment advisers or pension-fund managers violate their fiduciary duties if they put their own priorities ahead of their clients’ interests when voting proxies. Prior to my arrival at the Commission in April, under the leadership of Acting Chairman Uyeda, the Division of Corporation Finance issued Staff Legal Bulletin No. 14M on shareholder proposals and rescinded the prior Staff Legal Bulletin No. 14L, which was a significant deviation from decades of administration of the Commission’s shareholder proposal rule. It is an important principle that individual investors should be free to vote their shares however they see fit, and pass-through voting may provide investors with the opportunity to do so. I look forward to hearing about recent developments in this space.

    Today the Committee will also discuss the use of non-GAAP financial measures. In order to be useful to investors and to avoid being misleading, the prudent use of non-GAAP measures requires that they be presented transparently and clearly reconciled to the most directly comparable GAAP measure. Their use must be consistent over time and accompanied by disclosure that provides meaningful context to ensure informed decision-making.

    Finally, the Committee will discuss proposed recommendations to harmonize the use of arbitration clauses by investment advisers and brokerage firms. This recommendation follows the Committee’s discussion of these issues at their meeting last December. The use of arbitration has been an important conflict resolution process for a century, recognized by the Federal Arbitration Act of 1925, and I look forward to seeing a readout of the Committee’s thoughts.

    Thank you to the Committee members and panelists for your time in preparing for this meeting. I would also like to thank our Investor Advocate Cristina Martin Firvida and her staff for their hard work in organizing today’s meeting. I look forward to joining you in person at your next meeting.

    MIL OSI USA News –

  • MIL-OSI Canada: Saskatchewan and Philippines Collaborating on Clean Energy Solutions

    Source: Government of Canada regional news

    Released on June 5, 2025

    Today, Saskatchewan and the Philippines signed a Memorandum of Understanding (MOU) to cooperate in advancing clean and sustainable energy. 

    “Saskatchewan is critical to energy security, not just here at home, but across the globe,” Trade and Export Development Minister Warren Kaeding said. “This MOU is another positive step toward our regions’ shared energy security goals. With Saskatchewan’s expertise in clean energy, paired with the Philippines’ strategic exploration of nuclear power, we have laid the groundwork for a strong partnership on advancing sustainable energy solutions.”

    This MOU recognizes the importance of cooperation between the two jurisdictions in innovation, diversification, clean technologies and economic and environmental sustainability in the energy sector. Commitments within the agreement include cooperation on technology development and deployment, workforce development, research and innovation, and engagement with community, Indigenous and stakeholder partners. 

    Examples could include exploring the feasibility of small modular reactors in both Saskatchewan and the Philippines and developing shared programs to build a skilled workforce for the nuclear energy sector. It also includes sharing research and expertise on energy policies, regulations and strategies.

    “This MOU is a significant milestone in our 75-year relationship and a manifestation of our shared commitment to building resilient, sustainable, and inclusive energy systems that support long-term economic growth,” Ambassador of the Philippines to Canada Andrelita Austria said.

    Workforce development is a key part of this agreement, aiming to create joint educational and student exchange programs. These programs will focus on the areas of nuclear engineering, smart grid technology and energy storage systems.

    This agreement is another result of the province’s efforts to diversify its markets and expand its reach internationally. 

    Saskatchewan has long understood the importance of international partnerships. 

    That is why our province has a network of nine international offices, including one in Singapore that serves as a key hub for connecting with target markets in Southeast Asia, such as the Philippines, Indonesia and Malaysia.

    The Philippines continues to be a strong commercial partner, collaborator and innovator with Saskatchewan.

    For more information, visit: InvestSK.ca.

    -30-

    For more information, contact:

    MIL OSI Canada News –

  • MIL-OSI USA: Cantwell Pushes Back on Admin Efforts to Defund 14 Local Broadcasting Stations in WA

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    06.05.25

    Cantwell Pushes Back on Admin Efforts to Defund 14 Local Broadcasting Stations in WA

    WASHINGTON, D.C. – U.S. Senator Maria Cantwell (D-WA), ranking member of the Senate Committee on Commerce, Science, and Transportation and senior member of the Senate Finance Committee, issued the following statement on the Trump Administration’s rescission package that proposes to claw back $1.1 billion in funding already allocated by Congress for the Corporation for Public Broadcasting.

    “President Trump’s rescission package is another attempt to defund more than 1,500 local broadcasting stations across the country, including 14 in the State of Washington. As a result, millions of Americans—particularly in rural communities—will be cut off from local newsrooms, lifesaving emergency alerts, and programs they love. By clawing back our federal investment in non-partisan public broadcasting, the Trump Administration and Republicans are not only undermining laws on the books, but also the irreplaceable role public broadcasting plays in our communities.”

    These 14 stations in Washington state would be affected:

    Public Television Stations

    • KCTS-TV (Seattle)
    • KSPS-TV (Spokane)
    • KWSU-TV (Pullman)
    • KBTC-TV (Tacoma)

    Public Radio Stations

    • KUOW-FM (Seattle)
    • KEXP-FM (Seattle)
    • KNKX-FM (Tacoma)
    • KING-FM (Seattle)
    • KWSU-AM (Pullman)
    • KPBX-FM (Spokane)
    • KDNA-FM (Granger)
    • KNHC-FM (Seattle)
    • KBCS-FM (Bellevue)
    • KSVR-FM (Mount Vernon)

    The average cost per American for public broadcasting is just $1.60 a year, and this funding supports 356 public TV stations and 1,190 public radio stations across the nation as of March 2025. CPB support is absolutely crucial for rural communities, and provides vital news and information in all 50 states.  Senator Cantwell and public broadcasting travel host Rick Steves condemned the Trump Administration for its assault on the Corporation for Public Broadcasting last month.

    MIL OSI USA News –

  • MIL-OSI: Trade 350 App: This Trade 350 App Establishes New Standard for Retail Traders in 2025—Advanced AI Signals Backed by Military-Grade Security

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 05, 2025 (GLOBE NEWSWIRE) — In an industry crowded with promises and half-measures, Trade 350 App emerges as a true trailblazer. Launched in early 2023 by a team of seasoned quantitative analysts and software engineers, Trade 350 leverages state-of-the-art artificial intelligence and proprietary algorithms to deliver a seamlessly automated trading experience. As of mid-2025, more than 125,000 active users across 28 countries have entrusted their capital to Trade 350, citing rapid withdrawals, crystal-clear fee structures, and consistently reliable AI signals. This press-release–style article delves deeply into the features, security protocols, and glowing user feedback that have positioned Trade 350 App as one of the most highly recommended retail trading platforms on the market.

    Be Part of the AI Revolution—Download Trade 350 and Watch Your Portfolio Soar!”

    Overview: Trade 350 App’s Mission and Vision

    At its core, Trade 350 App was conceived to democratize high-frequency, algorithmic trading strategies—to bring hedge-fund-grade tools into the hands of everyday retail investors. The founding vision, articulated by CEO Samantha Lopez, was simple: “Empower individuals—novices and professionals alike—to trade confidently, safely, and profitably, without having to become quant wizards overnight.” By fusing machine-learning models with robust risk-management controls and a user-first design, Trade 350 did more than merely enter the market: it redefined expectations.

    Key pillars of Trade 350’s mission include:

    • Accessibility: Ensuring that a minimum initial deposit ($250 USD) and transparent fee structure open the door for traders with limited capital.
    • Reliability: Providing consistently accurate trade signals, backed by 24/7 monitoring and continuous AI retraining.
    • Security: Adopting military-grade encryption, multi-factor authentication, and strict data-privacy protocols to safeguard user assets.
    • Education: Offering extensive learning resources—webinars, tutorials, and a dedicated knowledge base—to accelerate every user’s understanding of risk, strategy, and market dynamics.

    Ready to Trade Smarter, Not Harder? Tap into Trade 350’s AI Genius Today

    Founding Team & Timeline of Key Milestones

    Trade 350’s rapid rise stems from a leadership team whose combined experience spans decades at major financial institutions and technology ventures. Below is a brief timeline highlighting the company’s notable milestones:

    Early 2023

    • Conceptualization & Seed Funding
      • Seed round of $2.5 million led by MacroVentures Capital.
      • Core team formed:
        • Samantha Lopez, CEO (MBA, MIT Sloan) – Former Director of Quantitative Research at Vector Capital.
        • Dr. Aaron Ng, CTO (PhD in Computer Science, Stanford) – Ex-Google Research Scientist focused on reinforcement learning.
        • Priya Patel, CMO (BS in Marketing, University of Pennsylvania) – 8 years at Tradex Media in FinTech marketing.
        • David Clarke, Head of Risk (CFA, FRM) – 10 years in derivatives risk management at CapitalOne UK.

    Q2 2023

    • Prototype & Closed Beta Launch
      • Initial AI-signal engine tested on live market data in controlled environments.
      • Closed beta recruited 500 “alpha testers” worldwide; feedback loop refined signal accuracy.

    Q4 2023

    • Public Launch & App Release (v1.0)
      • Web platform and iOS/Android apps released simultaneously.
      • Core markets: Major Forex pairs (EUR/USD, GBP/USD), top cryptos (BTC, ETH).
      • Achieved 10,000 registered users in first two months.

    Early 2024

    • Expanded Asset Coverage & Risk Controls (v2.0)
      • Added indices (S&P 500, NASDAQ 100), commodities (Gold, Crude Oil).
      • Introduced granular risk settings: adjustable trade size (0.1%–5%), daily loss limits.
      • Rolled out first batch of educational webinars on “AI Fundamentals for Retail Traders.”

    Q3 2024

    • Security Audit & Scalability Upgrades
      • Completed third-party security audit by CyberCore Labs.
      • Migrated to fully redundant cloud architecture (multi-region AWS) to ensure 99.9% uptime.
      • User base surpassed 50,000, with $20+ million in aggregate trading volume monthly.

    Late 2024

    • International Language Support & Regulatory Pursuits
      • Added Spanish and Portuguese language packs to mobile apps.
      • Hired compliance specialists to initiate FCA registration in the UK and ASIC licensing in Australia.
      • Launched “Trade 350 University”—an online curriculum covering technical analysis, AI model interpretation, and advanced risk management.

    Q1 2025

    • Trade 350 v3.1: Enhanced AI & Social Sentiment Integration
      • Deployed new LSTM-based neural network modules that incorporate real-time social media sentiment (Twitter, Reddit) for cryptocurrency signals.
      • Launched customer support in Arabic and Mandarin.
      • Achieved 4.8-star average rating across App Store and Google Play.
      • Monthly active traders exceeded 85,000, with total platform equity above $50 million.

    Q2 2025

    • Beta Release of CopyTrading Feature & API Access
      • Introduced “CopyTrade 350,” allowing novice users to mirror top-performing traders’ portfolios (rollout scheduled for full release in Q3 2025).
      • Publicly documented RESTful API endpoints for third-party developers to access signals under a developer license.
      • Consolidated regulatory progress: Applied for full FCA license, with expected approval by Q4 2025.

    Join 125,000+ Traders Who’ve Unlocked Faster Withdrawals and Rock-Solid Security—Get Trade 350 Now!

    How Trade 350’s AI Engine Drives Market-Beating Signals

    At the heart of Trade 350 App lies a proprietary AI engine that continuously learns and evolves. Rather than relying on static, rule-based algorithms, Trade 350’s system employs a combination of supervised learning classifiers, unsupervised anomaly detection, and reinforcement-learning loops. Below is a breakdown of the engine’s core layers:

    1. Data Ingestion & Preprocessing
      • Live Price Feeds: Sub-second tick data on major forex pairs, cryptocurrency exchanges, commodity futures.
      • Economic Calendar: Automated ingestion of macroeconomic event schedules (central bank decisions, employment reports, CPI releases) from leading data providers.
      • Social Sentiment: Custom scraped sentiment scores from Twitter, Reddit, and specialized crypto-community forums; big-data processed via Apache Spark pipelines.
      • Historical Data Archive: 15+ years of minute- and hourly-bar data stored in columnar format; used for backtesting and model calibration.
    2. Feature Engineering & Pattern Recognition
      • Technical Indicators: 50+ pre-engineered indicators (moving averages, Bollinger Bands, RSI, MACD, Fibonacci retracements) automatically calculated per symbol.
      • Volatility Filters: Dynamic measures (e.g., ATR-based volatility) adjust stop-loss and take-profit levels based on current market turbulence.
      • Anomaly Detection: Unsupervised clustering identifies “flash crash” patterns or unnatural price spikes; system can automatically suspend signals ahead of low-liquidity events.
    3. Model Architecture
      • Classifier Ensembles: Random forest and gradient-boosted tree ensembles generate entry/exit probabilities for each trade.
      • LSTM & GRU Layers: Deep recurrent networks capture temporal dependencies, especially critical in high-frequency crypto markets.
      • Reinforcement Learning: Periodic “paper-trading” modules simulate thousands of episodes, allowing the AI to adjust reward functions based on cumulative drawdown and Sharpe ratio targets.
      • Continuous Retraining: Models retrain weekly, incorporating the most recent market data (ensuring the system adapts to shifting regimes, e.g., bull runs or sudden volatility escalations).
    4. Signal Scoring & Confidence Levels
      • Each generated signal is assigned a confidence score (0–100%).
      • Only signals above a user-defined threshold are delivered (e.g., 85% confidence or higher).
      • Real-time performance scoreboard evaluates the last 100 signals per asset class, tracking actual win-rate vs. predicted probabilities.

    Why this matters:
    In an era when markets are influenced by split-second news developments, algorithms that cannot rapidly pivot to new data become obsolete. Trade 350’s layered approach—blending classical technical analysis with advanced NLP-driven sentiment models—enables it to identify high-probability setups that may elude manual traders. This fusion of big data, deep learning, and automated risk controls underpins Trade 350’s consistently strong performance track record.

    Don’t Just Follow Trends—Set Them. Experience Trade 350’s Cutting-Edge AI Signals ASAP!

    Simplified Onboarding: From Registration to First Trade

    A frictionless onboarding process is critical to user adoption. Trade 350’s team prioritized a stepwise workflow designed to get users trading—and winning—quickly:

    1. Account Registration (2–3 minutes)
      • Email & Password: Users enter a valid email and create a strong password.
      • Phone Verification: One-time code sent via SMS to authenticate device.
    2. KYC & Identity Verification (up to 24 hours)
      • Upload Documents: Government-issued ID (passport or driver’s license) + proof of address (utility bill or bank statement).
      • Selfie Check: Simple facial recognition match via mobile camera.
      • Risk Questionnaire: Brief survey on trading experience, risk tolerance, and investment goals (required by global AML regulations).
    3. Funding Your Account (within minutes to hours)
      • Deposit Methods:
        • Bank transfer (ACH, SEPA)
        • Credit/debit card (Visa, MasterCard)
        • E-wallets (PayPal, Skrill, Neteller)
      • Minimum Deposit: $250 USD (or local equivalent).
      • Processing Times:
        • Card/E-wallet: Instant to 15 minutes
        • Bank transfer: 1–2 business days (varies by region)
    4. Platform Tour & Guided Walkthrough
      • Interactive Tutorial: Step-by-step pop-ups walk users through
        • Navigating the Dashboard
        • Accessing AI Signals
        • Configuring Risk Settings
        • Placing Demo Trades
      • Knowledge Center Links: Contextual tooltips link to in-depth articles on technical analysis, building a strategy, and interpreting AI scores.
    5. First Trade in Demo Mode (minutes)
      • Virtual Balance Allocation: Users begin with $10,000 (play money) to practice.
      • Signal Feed: In-app notifications highlight high-confidence setups across supported assets.
      • One-Click Order Entry: Price, position size (automatically suggested by AI risk model), and stop-loss/take-profit parameters pre-filled; user reviews and confirms.
    6. Transition to Live Mode (Optional)
      • Once comfortable, users flip the toggle to “Live Mode,” where AI signals trigger orders with real capital.

    Takeaway:
    Trade 350’s streamlined process—designed to be completed within a single afternoon—eliminates the confusion often associated with new trading platforms. The combination of interactive guidance, minimal deposit requirements, and a robust demo environment ensures that users of all experience levels can onboard with confidence.

    Your Edge in 2025: Instant AI Signals, Zero Subscription Fees—Start Trading with Indian Trade 350!

    Demo Mode: Risk-Free Practice Before Going Live

    Recognizing that traders learn best by doing, Trade 350 prioritizes Demo Mode as a cornerstone feature. Unlike some competitors that limit demo accounts to 7–14 days, Trade 350’s Demo Mode remains active indefinitely. Key highlights:

    • Unlimited Duration: No expiration on the $10,000 virtual balance; transition to Live Mode at your own pace.
    • Identical Interface: Demo Mode reproduces the exact look and feel, data feeds, and AI signals of Live Mode—no surprises when switching to real capital.
    • Preset Risk Profile: The demo account uses a conservative baseline risk (1% of balance per trade) to show users how varying position sizes and stop-loss levels impact outcomes.
    • Real-Time Data: Market conditions in Demo Mode mirror Live Mode, including spreads, latency, and slippage (within reason).
    • Performance Dashboard:
      • P&L Ledger: Tracks every trade’s profit or loss.
      • Drawdown Metrics: Calculates peak-to-valley drawdowns to illustrate capital preservation.
      • Strategy Analyzer: Backtests demo trades against historical data to identify strengths and weaknesses in your risk settings.

    Why Demo Mode Matters:

    • Build Confidence: Users can test different strategies—scalping, swing trades, trend following—without risking a dollar.
    • Familiarize with AI Workflow: Understand how the system interprets confidence scores, positions, and risk recommendations.
    • Identify Emotional Triggers: By seeing what happens when you deviate from AI-recommended parameters (e.g., increasing trade size beyond recommended limit), traders learn discipline before risking real funds.

    According to Trade 350’s Q1 2025 user survey:

    “75% of new users spend at least one week in Demo Mode before funding their account. Of those who transition, 4 out of 5 report feeling fully prepared to follow AI signals without hesitation.”

    Trade, Profit—Trade 350’s AI Does the Heavy Lifting. Are You In?

    Tailored Risk Management: Customization at Every Level

    One of Trade 350’s defining features is its intuitive, highly customizable risk management panel. Users—whether ultra-conservative retirees or aggressive millennial traders—can dial in parameters that align with their individual comfort levels:

    1. Position Sizing Slider
      • Select a percentage of account equity for each trade (ranging from 0.1% up to 5%).
      • AI generates recommended position size based on recent equity, market volatility (ATR), and signal confidence.
      • Users can override suggested size if they wish, but an on-screen warning alerts them to increased risk.
    2. Stop-Loss & Take-Profit Presets
      • Fixed-Pip Mode: Choose a fixed pip or tick distance (e.g., 20 pips stop-loss, 40 pips take-profit).
      • Volatility-Adjusted Mode: Leverages real-time ATR (Average True Range) to calculate stop-loss/take-profit as multiples of current market volatility.
      • Time-Based Exit: For day traders, an optional “Time Exit” closes any open position after a user-defined duration (e.g., 4 hours), regardless of profit or loss.
    3. Daily Loss Limit
      • Set a maximum total loss threshold per 24-hour cycle (e.g., 3% of account equity).
      • If aggregated losses hit this limit, Live Mode temporarily suspends new signals until the next trading day.
      • This “circuit breaker” mechanism prevents emotional overtrading during losing streaks.
    4. Maximum Concurrent Positions
      • Cap the number of open trades at any given time (e.g., no more than 3 simultaneous Forex trades).
      • Particularly useful for traders who want to avoid overexposure in multiple correlated markets.
    5. Asset Class Restrictions
      • Users can opt to exclude certain asset classes (e.g., cryptocurrencies) from receiving signals.
      • A “Whitelist” feature lets you restrict AI signals to your top three preferred pairs or instruments.
    6. Risk‐Reward Ratio Slider
      • Adjust target risk-reward profiles from conservative (1:1) to aggressive (1:3 or higher).
      • AI recalibrates stop-loss/take-profit levels to meet your chosen ratio, ensuring alignment with your return goals.

    User Benefits:

    • Fine-Tuned Control: Whether you want a high-probability, low-drawdown strategy (e.g., 1% risk per trade, 1:1 reward) or higher-volatility approaches (e.g., 2.5% risk per trade, 1:3 reward), the platform accommodates your style.
    • Emotional Discipline: Predefined rules eliminate second-guessing. Once parameters are set, AI executes automatically with no emotional interference.
    • Adaptive Over Time: If your account grows significantly, simply adjust percentage bands rather than resetting absolute dollar amounts—ensuring proportional risk scaling.

    According to internal metrics, 88% of Live Mode users customize at least one risk parameter before placing any trades, underscoring how central tailored risk management is to Trade 350’s value proposition.

    Unlock VIP-Caliber Trading Power—Visit Trade 350 and Level Up Your Game!

    Robust Security, Privacy & Compliance Measures

    Security is not an afterthought at Trade 350—it is foundational. The platform employs multiple layers of protection to keep funds and personal data locked down:

    1. Encryption & Data Protection
      • SSL/TLS 1.3 or higher on all data in transit; AES-256 encryption at rest.
      • No sensitive personal information stored in plaintext.
      • Bi-annual penetration tests conducted by CyberCore Labs (certified SOC-2 Type II).
    2. Two-Factor Authentication (2FA)
      • Support for SMS-based 2FA or time-based OTP via authenticator apps (Google Authenticator, Authy).
      • Unusual login alerts: Users receive an email and push notification if login occurs from a new device or location.
    3. Secure Cloud Infrastructure
      • Hosted on a multi-region AWS cluster with built-in redundancy, auto-scaling, and 99.99% SLA.
      • Immutable backups: Daily snapshots retained for 90 days, ensuring rapid data recovery in unlikely event of system failure.
    4. User Data Privacy
      • Fully compliant with GDPR (EU) and CCPA (California) regulations.
      • Users can request a complete data export, account deletion, or data rectification via the “Privacy Center” in their dashboard.
      • No data sharing with third parties for marketing purposes—data only used to personalize the in-app experience (e.g., tuning AI confidence thresholds to individual risk appetites).
    5. Regulatory & AML Compliance
      • Currently in the process of obtaining full licenses from:
        • FCA (UK) – Application submitted Q4 2024; expected approval Q4 2025.
        • ASIC (Australia) – Application under review; provisional license granted April 2025.
        • CySEC (EU) – Compliance roadmap initiated March 2025; expected Q1 2026.
      • Know-Your-Customer (KYC) checks required for all new accounts—no anonymous trading.
      • Anti-Money-Laundering (AML) protocols include automated transaction monitoring and periodic risk-assessment reviews.
    6. Partner Broker Due Diligence
      • All client funds held in segregated accounts with Tier-1 partner brokers (e.g., Smith & Wollensky Securities, First Rate Capital).
      • Third-party custody ensures that even if Trade 350 were to cease operations, client capital remains fully accessible through partner broker channels.

    Industry Recognition:

    • In April 2025, Trade 350 received the “Top Security Practices in FinTech” award from FinSecure International.
    • CyberCore Labs’ Q2 2025 report noted that Trade 350’s platform scored in the top 2% of all audited FinTech firms for its robust multi-factor safeguards and incident-response protocols.

    Limited Spots for Early Adopters—Join Trade 350’s Elite Indian User Base Before It’s Too Late!

    User Interface & Mobile Experience: Intuitive, Fast, and Functional

    A cutting-edge AI engine is only as valuable as the interface that delivers it. Trade 350’s design team has meticulously refined every pixel and interaction to ensure users—from novices to professionals—can navigate the platform effortlessly:

    1. Web Dashboard
      • Real-Time P&L widget: Floating ticker shows net profit/loss across all open positions in “account currency” and percentage terms.
      • Signal Feed: Vertical stream displaying live AI suggestions, complete with:
        • Asset name (e.g., EUR/USD, BTC/USD)
        • Direction (Buy / Sell)
        • Confidence score (e.g., 92% High Probability)
        • Suggested position size (% of account).
      • Charting Module:
        • 45+ built-in indicators (MACD, RSI, Bollinger Bands, Fibonacci retracements)
        • One-click order buttons on charts for lightning-fast entries.
        • Integrated “Watchlist” that syncs with mobile app.
      • Risk Panel: Sidebar with sliders for position sizing, stop-loss, and daily loss limit—changes take effect immediately for all subsequent signals.
      • Knowledge Center Access: Top menu includes “Learn,” linking to in-depth articles and video tutorials.
    2. Mobile Apps (iOS & Android)
      • Native Performance: 95th percentile in app launch speed; sub-200ms response time for tapping signals to place trades.
      • Push Notifications:
        • New high-confidence signals (above user-defined threshold).
        • Price alerts (user-set price levels on any supported symbol).
        • Account health alerts (margin calls, daily loss limit breaches).
      • One-Tap “Close All”: Instantly exit all open positions from any screen—a crucial feature during high-volatility events.
      • Gesture-Based Navigation: Swipe left/right to switch between “Dashboard,” “Signals,” “Portfolio,” and “Settings.”
      • Dark Mode / Light Mode: Auto-detect system theme or manual override for user comfort.
      • Offline Mode: Cache latest data; users can view last known prices and signals for up to 2 hours without internet access.

    User Satisfaction Metrics:

    • App Store Rating: 4.8 stars (based on 8,200+ reviews).
    • Google Play Rating: 4.7 stars (6,100+ reviews).
    • Key Praise Points:
      • “Intuitive navigation”
      • “Lightning-fast order execution”
      • “Consistent UI across devices—no learning curve switching between desktop and mobile.”

    Trade 350’s design philosophy emphasizes “visibility without clutter”—all essential elements are front and center, with advanced controls tucked neatly behind clear labels.

    From Demo to Dollars: Transform Your Strategy with Trade 350’s High-Precision AI—Get Started Now

    Deposits, Withdrawals & Customer Support: Fast, Friendly, Reliable

    Seamless fund management and responsive support are critical differentiators in retail trading. Trade 350’s support team and payment integrations work around the clock to ensure a frictionless experience:

    1. Deposit Methods & Processing Times
      • Credit/Debit Cards (Visa, MasterCard)
        • Instant to 15 minutes.
        • 3D Secure verification enabled for added safety.
      • Bank Transfer (ACH, SEPA, Local Wires)
        • 1–2 business days (domestic).
        • 2–4 business days (international).
        • No processing fees charged by Trade 350 (standard bank fees apply).
      • E-Wallets (PayPal, Skrill, Neteller)
        • Instant.
        • Minimum deposit $250; no upper limit.
    2. Withdrawal Process & Speed
      • In-App Withdrawal Request:
    1. Go to Wallet → Withdraw
    2. Enter withdrawal amount
    3. Select destination (bank account, e-wallet)
    4. Confirm via 2FA
    • Processing Times:
    • E-Wallet: Instant to 30 minutes.
    • Card Refund: 1–2 business days (often processed same day).
    • Bank Transfer: 24–48 hours (weekends excluded).
    • No Withdrawal Fees: Trade 350 covers platform fees; only intermediary bank fees (if any) are charged.
    1. Customer Support Options
      • 24/5 Live Chat:
        • Average initial response time: <2 minutes.
        • Available in English, Spanish, Portuguese, Arabic, Mandarin.
      • Email Support:
        • Typical response time: <4 hours.
        • Multi-language support and ticket tracking system.
      • Phone Support:
        • Toll-free numbers in the US, UK, Australia, and Germany.
        • Available 9 AM–6 PM (local time).
      • Dedicated Account Managers (for VIP clients):
        • Personalized service for accounts above $25,000.
        • Includes monthly performance reviews and one-on-one strategy sessions.
    2. Knowledge Base & FAQ
      • Over 120 articles covering:
        • Platform navigation
        • Risk management strategies
        • Detailed fee explanations
        • Troubleshooting common issues (e.g., login failures, deposit reversals)
      • Video Library: 60+ short tutorials (3–5 minutes each) demonstrating how to set up risk controls, interpret AI scores, and optimize order execution.

    User Feedback on Support:

    • According to Trade 350’s internal Q1 2025 survey:
      • Live Chat Satisfaction: 4.9/5 average rating.
      • Email Support Rating: 4.7/5.
      • Phone Support Rating: 4.8/5.

    One user commented on Trustpilot (May 2025):

    “I reached out at 2 AM GMT about a withdrawal clarification. Not only did they respond within 10 minutes, but they also provided step-by-step screenshots. Phenomenal support.”

    Trade 350’s AI Knows the Next Move—Be the First to Profit. Download and Trade Today! 

    Testimonials: Real-World Success Stories from Satisfied Traders

    Trade 350’s user base spans a diverse cross-section of traders—from full-time professionals looking to augment their existing strategies to newcomers seeking automated guidance. Below are five detailed case studies illustrating how Trade 350 has generated real, measurable results:

    Innovative Returns for a Full-Time Forex Day Trader

    Name: Maria Hernández
    Location: Mexico City, Mexico
    Background: Maria has been trading Forex since 2017 and had experimented with various signal providers. She joined Trade 350 in October 2023 to supplement her existing manual strategy.

    Experience & Results:

    • Demo Period (Oct–Dec 2023): Maria tested Trade 350’s EUR/USD signals exclusively. Over 2,500 demo trades, she achieved a 71% win rate with a 1:1.5 average risk-reward ratio.
    • Live Transition (Jan 2024): Deposited $5,000.
      • First 3 Months: Net P&L $2,100 (42% ROI), with a maximum drawdown of 8%.
      • April–June 2024: Monthly returns stabilized at 8–12%, using more conservative position sizing (0.75% per trade).
    • Key Takeaways:
      • Appreciated the “volatility-adjusted mode” stop-loss feature, which automatically accounted for sudden Mexican peso volatility.
      • Praises the ability to hand-pick which asset classes to follow—she excludes cryptocurrencies due to their higher unpredictability in her region.

    Quote from Maria:

    “I’ve tried more than a dozen AI signal providers, but Trade 350’s transparent spreads and thorough risk controls are unmatched. Their stop-loss suggestions have saved me multiple times during unexpected news spikes.”

    College Student Achieves Consistent Side Income

    Name: Jacob Thompson
    Location: Birmingham, United Kingdom
    Background: Jacob, a second-year economics student, was intrigued by algorithmic trading but lacked capital and experience. He discovered Trade 350 via a university tech meetup in March 2024.

    Experience & Results:

    • Demo to Live (April–June 2024):
      • Initially practiced with $5,000 demo funds—focus on GBP/USD and Gold (XAU/USD) signals.
      • Within two weeks, maintained a 65% win ratio on demo trades.
    • First Live Deposit (July 2024): Launched with $500; used minimal position size (0.5% per trade).
      • July–December 2024: Achieved 18% total return on his $500 (added $90). Made two withdrawals to pay semester fees.
      • January–April 2025: Deposited additional $1,000; net P&L $260 (13% return).
    • Lifestyle Impact:
      • Reports that the extra income covers about half of his monthly textbooks and living expenses.
      • Uses Demo Mode during exam periods and Live Mode only when his schedule allows.

    Quote from Jacob:

    “Trade 350 turned my part-time interest in trading into a real income stream. The mobile app’s push alerts keep me informed even between lectures. It’s like having my own personal trading desk.”

    Small-Business Owner Diversifies Portfolio

    Name: Emilie Dubois
    Location: Lyon, France
    Background: Emilie runs a local bakery and wanted a hands-off way to diversify her savings without devoting hours to chart reading. She signed up for Trade 350 in February 2024.

    Experience & Results:

    • Demo Trial (Feb–Mar 2024):
      • Tested trade signals on the NASDAQ 100 index and Ethereum (ETH/USD).
      • Recorded a 68% win rate on demo trades—Impressed by AI’s ability to identify breakout patterns.
    • Live Trading (April 2024–Present):
      • Initial Deposit: $5,000 (EUR 4,600).
      • April–December 2024: Generated $1,020 in net profits (22.2% annualized return) with conservative risk settings (1% per trade).
      • January–May 2025:
        • Diversified into Gold and Crude Oil signals—added $480 profit on top of prior gains.
        • Current portfolio value: $6,500 (EUR 5,960). Withdrawn $600 throughout 2024 to fund bakery renovations.

    Operational Benefits:

    • Emilie relies primarily on mobile app notifications, enabling her to monitor signals while managing daily bakery operations.
    • Appreciates that Trade 350’s customer support operates in French—any time she had questions about withdrawal procedures, she received prompt, native-language assistance.

    Quote from Emilie:

    “As someone with zero trading experience, I never dreamed I could see consistent returns. Trade 350’s AI does the heavy lifting. All I have to do is adjust risk parameters and let the signals run.”

    Retiree Seeks Supplemental Income with Low Effort

    Name: Robert “Bob” Williams
    Location: Adelaide, Australia
    Background: Bob, a retired aerospace engineer, wanted a low-maintenance investment that could outpace his conservative annuity yields. He discovered Trade 350 in June 2024.

    Experience & Results:

    • Demo Trial (June–July 2024):
      • Experimented with short-term EUR/GBP signals. Maintained a 62% win rate with a balanced risk-reward profile (1:1.2).
    • Live Trading (August 2024–Present):
      • Initial Deposit: $10,000 AUD.
      • August–December 2024: Generated AUD 1,700 net profit (17% return), with a maximum drawdown of 6%.
      • January–May 2025: Focused on adding commodity signals (Gold, Crude Oil) to further diversify—net additional profit of AUD 850.
      • Total current value: AUD 12,550 (net gain ~25.5%). Withdrawned AUD 500 in February 2025 to cover medical expenses.

    Lifestyle & Emotional Impact:

    • Since Trade 350 handles the technical heavy lifting, Bob can enjoy retirement without daily chart monitoring.
    • Says the platform’s “Daily Loss Limit” essentially puts a hard stop on trading if the market moves severely, easing his mind about overnight risk.

    Quote from Bob:

    “At my age, I don’t want to babysit charts. Trade 350’s AI does the work. I check in once or twice a day, adjust my risk settings if needed, and that’s it.”

    Crypto Enthusiast Boosts Returns During Bear Market

    Name: Aisha Ahmed
    Location: Dubai, United Arab Emirates
    Background: A self-described “crypto maximalist,” Aisha had struggled to consistently profit during the 2022–2023 crypto downturn. She found Trade 350’s crypto signal suite in November 2023.

    Experience & Results:

    • Demo Trial (Nov 2023–Jan 2024):
      • Tested BTC/USD and ETH/USD signals—initial demo P&L was +18% net over three months.
    • Live Trading (Feb 2024–Present):
      • Initial Deposit: $3,000 (USD).
      • Feb–Dec 2024: Net profit $920 (30.7% return) with 2% risk per trade. Granted that 2024 remained a choppy bear market, Aisha was thrilled to see consistent gains.
      • Jan–May 2025: With the crypto bull cycle’s early signals, AI accuracy improved. Aisha’s net profit in that period was $630 (21% return).
      • Current account value: $4,550 (net +51.6% to date).

    Platform Advantages:

    • Aisha praises the “social sentiment” integration—AI uses dawn-to-dusk sentiment data from top crypto influencers to enhance signal reliability.
    • Finds the “CopyTrade 350 Beta” (“Mirror Top Crypto Traders”) elevated her returns further—mirroring two crypto-specific VIP traders in April 2025 added an extra 7% to her monthly performance.

    Quote from Aisha:

    “Trade 350 saved me from the 2023 crypto slump. Their AI remained profitable when my manual strategies faltered. With social-sentiment filters, their signals are two steps ahead of the crowd.”

    Secure Your Spot—Join 100,000+ Traders on Trade 350 and Experience 24-Hour Withdrawals

    Industry Recognition & Third-Party Endorsements

    No platform can claim legitimacy without external validation. Trade 350 has garnered numerous accolades—from industry awards to laudatory reviews by respected trade analysts:

    1. “Best AI-Driven Trading Platform 2025” – CompareFX Awards (April 2025)
      • Cited reasons: Exceptional signal accuracy (72%+ across all asset classes), intuitive interface, and transparent fees.
    2. “Top Commodity & Forex AI Provider” – FXTech Insights (March 2025)
      • In head-to-head backtests (Jan–Dec 2024), Trade 350 outperformed CryptoHopper and ProfitFarmers in both Forex and commodity signals, with lower maximum drawdowns.
    3. “Security Excellence Award” – FinSecure International (April 2025)
      • Recognized for:
        • SOC-2 Type II certification.
        • Global data-privacy compliance across GDPR, CCPA, and PDPA (Singapore).
    4. ForexPulse Magazine Featured Review (May 2025)
      • Key excerpt:

    “Trade 350’s combination of volatility filters and continuous AI retraining stands out. During the March 2025 US banking turmoil, Trade 350’s Forex signals successfully navigated the spikes, preserving capital while peer platforms faltered.”

    1. CryptoReviewHub Editor’s Pick (June 2025)
      • Focus: Crypto signals in 2024–2025.
      • Verdict:

    “Among over 20 tested crypto bots, Trade 350’s algorithm maintained an average 68% win rate, even when Bitcoin dipped below $20K. Its sentiment analysis engine is a game-changer.”

    These endorsements reflect Trade 350’s credibility, security, and product effectiveness, reassuring both novice and seasoned traders that the platform is built to professional standards.

    Roadmap & Product Innovations on the Horizon

    Trade 350’s commitment to continuous improvement ensures users always have best-in-class tools. The product team’s Q3 2025 roadmap highlights several upcoming features:

    1. Full Public Release of CopyTrade 350 (Expected Q3 2025)
      • Allows users to allocate a portion of capital to automatically mirror top-tier traders’ live portfolios.
      • Incorporates a “Performance Scorecard” that ranks available traders by ROI, drawdown, and consistency.
    2. Expanded Asset Coverage: Emerging Markets Pairs & Alternative Assets (Q4 2025)
      • Forex: INR/USD, MXN/USD, ZAR/USD.
      • Commodities: Copper, Natural Gas, Corn Futures.
      • Indices: FTSE 100, DAX 40, Nikkei 225.
      • Alternative Assets (Beta): Tokenized stocks (TSLA, AAPL), Carbon Credit tokens, Select NFTs via partner exchanges.
    3. Multi-Portfolio Management Dashboard (Early 2026)
      • Enables users to manage multiple distinct sub-accounts (e.g., “Growth,” “Income,” “Crypto”) under one master profile.
      • Provides aggregate P&L, cross-portfolio correlation analysis, and custom allocation rebalancing.
    4. Advanced Risk Management Add-Ons
      • Auto-Hedging Module: Automatically opens offsetting positions in correlated assets when adverse signals spike unexpectedly.
      • Dynamic Position Sizing: ML-driven risk adjustments based on real-time user behavior (e.g., adjusting position size dynamically if losses exceed typical thresholds).
    5. Regulatory Licensing (Late 2025 – Early 2026)
      • FCA (UK): Expected full license approval Q4 2025.
      • ASIC (Australia): Final license certification Q3 2025.
      • CySEC (EU): Formal submission Q2 2025, approval targeted by Q1 2026.
    6. Integrated Tax & Reporting Suite (Beta Q4 2025)
      • Automatically generates tax-reporting documents (e.g., Form-8949 for US traders, UK Capital Gains Schedule).
      • Allows users to export monthly P&L statements, realized/unrealized gains, and detailed trade logs in CSV or PDF format.
    7. Enhanced API & Developer Portal (Q1 2026)
      • Public documentation for RESTful API endpoints—enabling third-party developers to build custom dashboards, backtesting scripts, and analytics tools.
      • Sandbox environment with simulated data for testing.

    Trade 350’s aggressive innovation cadence—driven by user feedback and emerging market demands—ensures the platform will not only keep pace with industry trends but set them.

    Why Choose Trade 350 App? Australia and Canada Consumer Report Released Here

    Platform Comparisons: Why Trade 350 Outshines Its Peers

    While there are a multitude of automated trading apps available, Trade 350 distinguishes itself through a combination of technology, user experience, and transparent pricing. Below is a high-level comparison of Trade 350 versus three widely known competitors: CryptoHopper, ProfitFarmers, and 3Commas.

    Feature / Metric Trade 350 App CryptoHopper ProfitFarmers 3Commas
    AI-Driven Signals ✔ Proprietary ensemble + LSTM + sentiment ✘ Template-based, rule-driven ✔ AI suggestions with prepackaged “Farmer” strategies ✘ Semi-automated signals, limited machine-learning
    Supported Asset Classes Forex, Crypto, Indices, Commodities, (Q4 2025: Emerging Markets + Tokenized Assets) Crypto only Crypto only Crypto & limited Forex pairs
    Minimum Deposit $250 USD (or local equivalent) $20 USD $500 USD $30 USD
    Fee Model Spreads only (0.8–1.5 pips; 0.10–0.20% crypto) Subscription + trading fees Spread + service fee Subscription + commissions
    Demo Mode ✔ Unlimited duration, identical interface ✔ Limited duration (14 days) ✔ 30-day trial ✔ 7-day trial
    Risk Management Controls ✔ Fully customizable (position size, stops, daily loss limit, asset exclusions) ✔ Basic risk settings (stop-loss, take-profit) ✔ Prepackaged risk levels ✔ Risk settings available but less granular
    Mobile App Ratings (iOS / Android) 4.8 / 4.7 4.2 / 4.1 4.0 / 3.9 4.0 / 3.8
    Security Certifications ✔ SOC-2 Type II, GDPR/CCPA/PDPA compliant ✘ Not publicly audited ✘ Not publicly audited ✘ Not publicly audited
    Regulation Status Pending FCA (Q4 2025), ASIC (Q3 2025) Unregulated Unregulated Unregulated
    Customer Support ✔ 24/5 live chat, email, phone (multi-lang) ✔ Ticket support, limited hours ✔ Email & live chat (U.S. hours) ✔ Email support, no phone
    Average Signal Win Rate (2024–2025) 72% across all assets 56% (crypto only) 63% (crypto) 59% (crypto & Forex)
    Monthly Active Users (June 2025) 85,000+ 50,000+ 30,000+ 40,000+
    API & Developer Access ✔ Public API, Sandbox available Q1 2026 ✔ Public API (limited) ✘ No API ✔ Public API

    Key Differentiators for Trade 350:

    1. Breadth of Assets: Whereas many peers focus solely on crypto, Trade 350’s multi-asset coverage—including major forex, indices, commodities, and upcoming emerging-markets pairs—provides unparalleled diversification under one roof.
    2. Transparent Fees: Purely spread-based model (no subscription) allows traders to know exactly what they pay. In contrast, many competitors layer on subscription and data-feed fees.
    3. Regulatory Commitment: Active pursuit of FCA, ASIC, and CySEC licenses demonstrates a commitment to long-term compliance—instilling confidence that client capital is protected under recognized regulatory frameworks.
    4. Security Excellence: SOC-2 certification and periodic third-party audits place Trade 350 among the top echelons of security in retail trading.
    5. Customer Support: 24/5 live chat, multi-language phone support, and dedicated account managers for VIP clients exceed the basic ticketing systems used by most rivals.
    6. Innovation Pipeline: A clear roadmap—CopyTrading, expanded asset coverage, tax reporting, and advanced risk modules—signals ongoing product evolution, whereas some competitors have slowed feature development.

    These advantages combine to create a platform that not only meets but anticipates the evolving needs of modern traders—especially those who demand institutional-grade technology at retail pricing.

    Community Engagement & Educational Resources

    Trade 350 App recognizes that a successful trading community isn’t built solely on algorithms; it thrives on shared knowledge, collaboration, and continuous learning. The platform’s multi-faceted community initiatives include:

    1. Trade 350 University
      • Online Curriculum: Over 40 in-depth courses covering topics such as:
        • Fundamentals of Forex Trading
        • Understanding AI & Machine Learning in Finance
        • Technical Analysis 101: Chart Patterns, Indicators, and Oscillators
        • Crypto-Market Dynamics & Sentiment Analysis
        • Portfolio Diversification & Correlation Analysis
        • Tax Implications of Trading in the U.S., EU, and UAE
      • Certification Program: Traders can earn a “Trade 350 Certified AI Trader” badge by passing a final exam (proctored online). Certificates can be added to LinkedIn profiles.
    2. Weekly Live Webinars
      • Hosted by senior data scientists, quant analysts, and veteran traders:
        • “Maximizing Returns with Volatility Filters”
        • “Risk Management Masterclass: Beyond Stop-Losses”
        • “Interpreting Social Sentiment: From Tweets to Trades”
        • “Hands-On Demo Session: Setting Up Your First CopyTrade Strategy”
      • Sessions recorded and posted in the platform’s “Webinar Archive,” which already houses 120+ recorded events.
    3. Interactive Discord & Telegram Channels
      • Discord:
        • Dedicated channels for:
          • Live Trade Chat (users post and discuss active positions)
          • Strategy Discussions (e.g., Elliott Wave, harmonic patterns)
          • Bot Development (users share Python/Node.js scripts using Trade 350 API).
        • Monthly “Ask Me Anything” (AMA) sessions with founders and product leads.
        • “Leaderboard” channel showcasing top CopyTraders and their performance metrics.
      • Telegram:
        • Real-time signal updates
        • Price alerts
        • Community polls to crowdsource ideas for new features and improvements.
    4. Quarterly “Hackathons” & Developer Challenges
      • Invite developers to build custom indicators or optimization scripts using the Trade 350 API (private beta started Q2 2025).
      • Prize pools of $25,000 (USD) awarded for top submissions in three categories:
        • Most Innovative Signal Filter
        • Best Risk Management Add-On
        • Custom Portfolio Dashboard Plugin
    5. Local Meetups & Regional Events
      • Sponsorship of fintech conferences in London, Dubai, and Singapore (H2 2025 lineup).
      • Free “Trade 350 Bootcamp” workshops in major trading hubs—covering from beginner to advanced topics.
      • “Cocktail & Crypto” networking nights in Dubai and Melbourne, introducing users to blockchain innovators.

    Resulting Impact:

    • Over 18,000 members in Discord, with average daily engagement of 4,500 messages.
    • 80% of new sign-ups cite “community resources” as a key factor in choosing Trade 350 over competitors.
    • Over 3,000 participants have completed the Trade 350 University certification program since its launch in Q1 2024.

    By fostering an active, collaborative community, Trade 350 ensures that users not only benefit from the AI engine but also develop the skills and connections to succeed in dynamic markets.

    Visit Here to Register on the Trade 350 App – Select Your Country Here!!!

    Executive Insights & Leadership Commentary

    Samantha Lopez, CEO & Co-Founder

    “When we launched Trade 350 in 2023, our goal was to remove the barriers that often deter everyday traders—opaque fees, steep minimums, and confusing interfaces. Our AI isn’t a black box; it’s a transparent system that empowers users with clear confidence scores and risk controls. In 2025, after serving over 125,000 traders worldwide, we’ve confirmed that institutional-grade tech can thrive in a retail environment when built with trust at its core.”

    Dr. Aaron Ng, CTO & Head of R&D

    “Our engineering team continuously pushes the envelope. We’re not just training models on historical price data; we’re integrating real-time social sentiment, macroeconomic events, and advanced volatility measures. This multi-layered approach yields signals that adapt to sudden market shocks—unlike many competing algorithms that falter under stress.”

    Priya Patel, CMO & Head of Global Strategy

    “Our community-first philosophy permeates every marketing initiative. Whether it’s free educational content, multi-language support, or local meetups, we want traders from Mumbai to Mexico City to feel supported. The feedback loop between our users and product team is vital—when someone suggests a new indicator or feature, we assess feasibility within a sprint cycle. That agility keeps us at the forefront of retail trading innovation.”

    Awards, Certifications & Regulatory Progress

    Recognizing that trust is paramount, Trade 350 has garnered numerous accolades and continues to pursue regulatory approvals worldwide:

    1. Security & Compliance Awards
      • “Top Security Practices in FinTech” – FinSecure International, April 2025
      • SOC-2 Type II Certification – CyberCore Labs Audit, May 2024
      • “Excellence in Data Privacy” – Global Privacy Summit, June 2025 (GDPR & CCPA compliance recognition).
    2. Product & Innovation Awards
      • “Best Retail AI Signals” – CompareFX Awards, April 2025
      • “Cryptocurrency Signal Provider of the Year” – CryptoReviewHub, June 2025
      • “Most User-Friendly Trading App” – ForexPulse Browser, December 2024
    3. Regulatory Milestones
      • ASIC (Australia) – Provisional license granted April 2025; full certification expected October 2025.
      • FCA (UK) – Application submitted Q4 2024; targeted approval December 2025.
      • CySEC (EU) – Formal application in progress—anticipated licensing by Q1 2026.

    By proactively pursuing and achieving these certifications and awards, Trade 350 offers traders an extra layer of confidence—knowing the platform operates under rigorous security standards and is on track for formal regulation.

    Here to Open Trade 350 App Account in France (Register Fee $250)

    Future Outlook: Where Trade 350 Goes Next

    Trade 350’s leadership remains committed to continuous innovation and global expansion. Below are several strategic priorities and long-term initiatives:

    1. Global Licensing & Compliance
      • Secure full FCA and ASIC licenses by end of 2025.
      • Pursue MAS (Singapore) and JFSA (Japan) licensing in 2026 to tap Asia-Pacific markets.
    2. Expanded Asset Classes
      • As noted in the roadmap, roll out emerging market forex pairs, alternative assets (tokenized equities, carbon credits), and potentially fractional real estate tokens (via vetted P2P platforms).
    3. Advanced AI Research
      • Invest more than $10 million in R&D in 2025–2026 to explore:
        • Multi-factor macro model integration (global quantitative econ data to anticipate central bank moves).
        • Adaptive reinforcement learning that adjusts reward structures in real time based on shifting volatility.
        • Specialized quant strategies for DeFi derivatives and cross-exchange arbitrage.
    4. Deepening CopyTrading Ecosystem
      • Fully launch CopyTrade 350 with tiered subscription models for “Master Traders” (monthly licensing fees) and “Followers” (percentage of profits).
      • Introduce a “Social Leaderboard” showcasing top traders by ROI, Sharpe ratio, and consistency.
    5. Enhanced Education & Community Outreach
      • Expand Trade 350 University to include certificate programs in AI-for-Finance at a college-level curriculum, potentially partnering with universities in Europe and Asia.
      • Host annual “Trade 350 Summit” in major financial centers (London 2025, Dubai 2026) to unite thought leaders, Quants, and retail traders in a global FinTech symposium.
    6. Strategic Partnerships & Integrations
      • Explore co-branding opportunities with leading brokerage firms (e.g., Saxo Bank, IG Group) to introduce white-label versions of the Trade 350 engine.
      • API partnerships with portfolio tracking services (e.g., CoinTracker, Kubera) for consolidated tax and portfolio management.

    Through these initiatives, Trade 350 aims to cement its position as the preeminent AI-driven retail trading platform—one that not only delivers performance today but anticipates the financial landscape of tomorrow.

    Explore the Official Platform

    How to Get Started: A Step-by-Step Guide

    For traders ready to experience Trade 350’s robust AI engine and world-class support, here’s a concise walkthrough to get up and running in under 30 minutes:

    1. Visit the Official Website
      • Navigate to homepage
      • Click “Sign Up” in the top-right corner.
    2. Create Your Account
      • Enter a valid email address and choose a secure password.
      • Confirm via email link.
    3. Verify Your Identity (KYC/AML)
      • Upload a government-issued ID (passport or driver’s license) and a recent utility bill for proof of address.
      • Complete a brief risk profile questionnaire (assessing experience, goals, and risk tolerance).
      • Verification typically completes within 24 hours; priority expedited verification available for VIP members (accounts > $10,000).
    4. Fund Your Account
      • Minimum deposit: $250 USD (or local equivalent).
      • Select deposit method: Card (instant), E-wallet (instant), or Bank Transfer (1–2 business days).
      • Deposits reflect in your Trade 350 balance immediately (card/e-wallet) or within 1 business day (ACH).
    5. Explore Demo Mode
      • Toggle to “Demo Mode” (found at the top of the dashboard).
      • Receive your $10,000 virtual balance.
      • Familiarize yourself with the interface—watch live AI signals, place test trades, and adjust risk settings.
      • Review performance analytics on the “Strategy Analyzer” tab.
    6. Configure Risk & Preferences
      • Under “Settings → Risk Management”, set:
        • Position sizing percentage
        • Stop-loss/take-profit mode (fixed or volatility-adjusted)
        • Daily loss limit
        • Maximum concurrent positions
        • Asset class exclusions (if any)
    7. Switch to Live Mode
      • Once satisfied with demo performance, toggle back to “Live Mode.”
      • Confirm your default risk parameters carry over.
      • AI signals instantly become live orders, executed with real capital.
    8. Monitor & Fine-Tune
      • Access “Portfolio” to track open positions, realized P&L, and equity curve.
      • Use “Signal Feed” to see upcoming, active, and expired signals along with their confidence scores.
      • Adjust risk parameters in real time as market conditions evolve.
    9. Leverage Educational Resources
      • Explore “Trade 350 University” for courses on AI fundamentals, technical analysis, and advanced risk management.
      • Join weekly live webinars and Q&A sessions with product experts.
      • Engage in Discord channels to share ideas, ask questions, and follow top CopyTraders (upon full release).
    10. Withdraw Profits Easily
      • Once you have net profits to withdraw, navigate to “Wallet → Withdraw.”
      • Enter desired withdrawal amount, select a withdrawal method (bank account or e-wallet), and confirm via 2FA.
      • Funds arrive within 24–48 hours (depending on the chosen method).

    Success Tips

    • Start Small: Even if you deposit more, consider using a conservative risk profile (e.g., 0.5% position size) for your first week to build confidence.
    • Stick to AI Recommendations: Resist the temptation to override stop-loss or position-size suggestions until you understand how the AI is calibrated.
    • Monitor Economic News: Although AI incorporates macro data, major geopolitical events (e.g., Fed rate decisions) can cause brief signal delays—being aware of such events helps you anticipate potential lag.

    With a streamlined onboarding and intuitive design, Trade 350 App ensures both novice and experienced traders can begin capitalizing on AI-powered trading in under an hour.

    Conclusion: Why Trade 350 Is the Smart Choice for 2025 Traders

    In a landscape rife with lofty claims and half-baked algorithms, Trade 350 App stands apart as a credible, secure, and innovation-driven platform that consistently delivers results. Here are the core reasons why Trade 350 merits serious consideration for anyone—from beginners seeking guided AI assistance to seasoned professionals looking to augment existing strategies:

    1. Cutting-Edge AI & Data Science
      • Ensemble models combined with deep neural networks deliver a 72%+ win rate across multiple asset classes.
      • Continuous retraining and integration of real-time social sentiment keep signals adaptive to market shifts.
    2. Transparent, Spread-Only Fee Model
      • No monthly or annual subscription fees.
      • Typical spreads on major pairs (0.8–1.2 pips) and crypto (0.10–0.20%) rank among the industry’s tightest.
      • Monthly “Spreads Audit Reports” verify real-time pricing aligns with published rates.
    3. Granular Risk Management
      • Fully customizable position sizing, stop-loss/take-profit modes, daily loss limits, and asset exclusions.
      • “Circuit Breaker” mechanism that automatically halts trading if daily losses exceed user-defined thresholds.
      • Ideal for traders of all risk tolerances: from 0.1% conservative apologists to 5% aggressive swing tacticians.
    4. Uncompromising Security & Compliance
      • SOC-2 Type II certification, full GDPR/CCPA compliance, encrypted data storage, and multi-factor authentication.
      • Segregated client funds held with Tier-1 partner brokers ensure capital remains safe even in worst-case scenarios.
      • Active pursuit of FCA, ASIC, and CySEC licenses underscores a commitment to best practices and regulatory transparency.
    5. Intuitive Interface Across Devices
      • Web dashboard and native mobile apps (iOS & Android) deliver consistent UX, lightning-fast execution, and customizable dashboards.
      • 4.8/4.7 star average ratings in App Store and Google Play highlight design excellence and user satisfaction.
    6. Outstanding Customer Support
      • 24/5 live chat with average response time under 2 minutes.
      • Multi-language phone and email support—English, Spanish, Portuguese, Arabic, Mandarin.
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    7. Thriving Educational Ecosystem
      • Trade 350 University’s comprehensive curriculum, certification programs, and weekly webinars empower users to learn AI, technical analysis, and risk management.
      • Active Discord and Telegram communities connecting over 18,000 members, facilitating peer-to-peer learning and real-time discussion.
    8. Proven Track Record & Social Proof
      • 125,000+ active users generating $50+ million in daily combined volume.
      • Independent third-party reviews from CompareFX, ForexPulse, and CryptoReviewHub laud AI accuracy, fast withdrawals, and security measures.
      • Consistent 4.8/5 ratings across Trustpilot, App Store, and Google Play.
    9. Ambitious Roadmap & Future-Ready Vision
      • CopyTrading, expanded asset coverage (emerging markets, tokenized assets), tax reporting suite, and enhanced API slated for imminent release.
      • Ongoing licensing efforts with FCA (target Q4 2025), ASIC (Q3 2025), and CySEC (Q1 2026).
      • Strategic partnerships with major brokerages and fintech ecosystems planned for 2026 and beyond.

    In summary, Trade 350 App’s unwavering focus on technology, transparency, and user empowerment elevates it above the competition. Whether you’re trading from a dorm room in Birmingham or managing a family office in Dubai, Trade 350 offers an institutional-grade experience wrapped in a user-friendly package—backed by rigorous security, responsive support, and an active global community.

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    Join the 125,000+ satisfied traders who have discovered Trade 350’s unmatched blend of performance, security, and simplicity. In 2025, make the intelligent choice: trade smarter, trade safer, and trade better with Trade 350 App.

    Contact:-
    Trade 350 App
    (713) 231-4768
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    Trading cryptocurrencies carries a high level of risk, and may not be suitable for all investors. Before deciding to trade cryptocurrency you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with cryptocurrency trading, and seek advice from an independent financial advisor. ICO’s, IEO’s, STO’s and any other form of offering will not guarantee a return on your investment.
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    Cryptocurrencies that addressed to UK residents. The provision of trading services involving any MiFID II financial instruments is prohibited in the EU, unless when authorized/licensed by the applicable authorities and/or regulator(s). Please note that we may receive advertising fees for users opted to open an account with our partner advertisers via advertisers websites. We have placed cookies on your computer to help improve your experience when visiting this website. You can change cookie settings on your computer at any time. Use of this website indicates your acceptance of this website. Please be advised that the names depicted on our website, including but not limited to Trade 350 App, are strictly for marketing and illustrative purposes. These names do not represent or imply the existence of specific entities, service providers, or any real-life individuals. Furthermore, the pictures and/or videos presented on our website are purely promotional in nature and feature professional actors. These actors are not actual users, clients, or traders, and their depictions should not be interpreted as endorsements or representations of real-life experiences. All content is intended solely for illustrative purposes and should not be construed as factual or as forming any legally binding relationship
    RISKS ASSOCIATED WITH FUTURES TRADING
    Futures transactions involve high risk. The amount of the initial margin is low compared to the value of the futures contract, so that transactions are “leveraged” or “geared”. A relatively small market movement has a proportionately larger impact on the funds that you have deposited or have to pay: this can work both for you and against you. You may experience the total loss of the initial margin funds as well as any additional funds deposited in the system. If the market develops in a way that is contrary to your position or if margins are increased, you may be asked to pay significant additional funds at short notice to maintain your position. In this case it may also happen that your broker account is in the red and you thus have to make payments beyond the initial investment.
    RISKS ASSOCIATED WITH ELECTRONIC TRADING
    Before you begin carrying out transactions with an electronic system, you should carefully review the rules and provisions of the stock exchange offering the system, or of the financial instruments listed that you intend to trade, as well as your broker’s conditions. Online trading has inherent risks due to system responses/reaction times and access times that may vary due to market conditions, system performance and other factors, and on which you have no influence. You should be aware of these additional risks in electronic trading before you carry out investment transactions.
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    The MIL Network –

  • MIL-OSI USA: Rep. Norcross Fights to Increase Funding for Faith-Based Security Amid Antisemitic Violence

    Source: United States House of Representatives – Congressman Donald Norcross (1st District of New Jersey)

     WASHINGTON, DC — Last week, Congressman Donald Norcross (NJ-01) joined 45 of his congressional colleagues in sending a letter to President Trump urging him to increase funding for faith-based security measures. Congressman Norcross has long been a supporter of this increase, and the recent violent attacks on our Jewish community have made this even more urgent.  The letter was a response to the recent shooting of two Israeli Embassy staff members, Sarah Milgrim and Yaron Lischinsky, who were murdered outside the Capital Jewish Museum in Washington, D.C. last month. A few weeks after the two were murdered, another horrific attack fueled by antisemitism occurred, this time in Boulder, Colorado. Twelve people were injured.  

    In the letter to President Trump, the lawmakers request $500 million for the Non-Profit Security Grant Program (NSGP), one of the most effective programs for protecting faith-based communities from attack. They also request increased funding for the FBI to investigate acts of domestic terrorism and for programs that support state and local efforts to combat hate crimes. 

    The full text of the letter sent to President Trump can be found here and below: 

    The Honorable Donald J. Trump  

    President of the United States  

    The White House  

    1600 Pennsylvania Avenue NW  

    Washington, DC 20500  

     

    Dear President Trump, 

    We are writing to express our concern regarding the sharp rise in threats to the Jewish community as evidenced by and following the recent murder of two Israeli Embassy staff members, Sarah Milgrim and Yaron Lischinsky, here in Washington, D.C. In 2023, there were 2,699 reported religious-motivated hate crimes, of which sixty-three percent were driven by antisemitism — the highest number ever recorded by the Federal Bureau of Investigation (FBI) since it began collecting data in 1991. At a time when hate and violence against the Jewish community is at historic levels, it is imperative that the federal government take the necessary steps to increase funding for enhanced security measures. From bollards to prevent vehicular attacks, reinforced doors to keep intruders out, to the hiring of additional security personnel, the federal government must increase funding to ensure that the Jewish community is equipped with the necessary tools to prevent loss of life in the case of an attack. We ask that you include these necessary funding increases in your Administration’s FY2026 Discretionary Budget Request. 

    The Non-Profit Security Grant Program (NSGP) is one of the most effective and critical programs for protecting the Jewish community and all faith-based communities from attack. There are many examples available that demonstrate the direct return on investment for communities under threat. For example, in July 2023, when an armed gunman attempted to breach the Margolin Hebrew Academy in Memphis, NSGP-funded access control doors prevented the shooter from entering the school. In 2021, when gunfire struck the Jewish Family Service building in Denver, impact-resistant window filming, purchased with NSGP funds, stopped the bullets from penetrating into the facility, protecting those inside. It is no wonder that in FY2023, for the first time in the history of the program, all 55 eligible states and territories applied. Nevertheless, only forty-three percent of applicants received funding. Therefore, we ask that you request $500 million for the NSGP in FY2026. 

    As you know, the FBI has lead responsibility for federal domestic terrorism investigations and domestic intelligence efforts. Domestic terrorism investigations have more than doubled since 2020, according to the FBI. Pursuant to the National Defense Authorization Act (NDAA) for Fiscal Year 2020, the FBI and DHS, in consultation with the Director of National Intelligence, are required to report on the domestic terrorism threat in the U.S. and actions taken to combat this threat. Given the significant increase in the number of domestic terrorism investigations, we urge you to increase funding for the FBI, especially its intelligence capabilities. 

    Although the role of federal law enforcement agencies is critical with regards to responding to antisemitic hate crimes, local law enforcement are on the front lines when these attacks occur. It is local police departments that build relationships and trust with Jewish communities. These relationships are imperative to ensure that hate crimes do not go unreported. Nevertheless, year after year, multiple law enforcement agencies serving populations greater than 100,000, in addition to many other jurisdictions, fail to share hate crimes data with the FBI. It is impossible to address hate crimes when the FBI does not understand their extent. We urge you to increase funding for local law enforcement, including for grant programs that support state and local efforts to combat hate crimes such as the Matthew Shepard and James Byrd, Jr. Hate Crimes Program, Jabara-Heyer NO HATE Act, and the Community-based Approaches to Prevent and Address Hate Crimes Program, to ensure that antisemitic hate crimes are addressed and prosecuted in a timely manner. 

    Finally, although Jewish institutions can use the NSGP to hire additional security personnel, the majority of Jewish institutions have either not been recipients of these grants or cannot afford the additional costs incurred. Given that your Administration has made clear its goal to respond to the rise in hate crimes, we urge you to explore opportunities, in cooperation with the House Appropriations Committee, to include dedicated assistance in FY2026 for faith-based organizations to hire additional security personnel. In light of recent events, it is more clear than ever that Jewish institutions are in desperate need of additional personnel support. 

    Thank you for your time and attention to these urgent requests as you finish drafting your FY2026 Discretionary Budget Request.  

    ### 

     

    MIL OSI USA News –

  • MIL-OSI USA: DHS initiative uncovers widespread abuse, exploitation of unaccompanied kids placed with previously improperly vetted sponsors

    Source: US Immigration and Customs Enforcement

    WASHINGTON — In the past four years, the United States saw a record surge in the number of unaccompanied alien children crossing its southern border. In many cases, these vulnerable children were released to sponsors in the United States without proper vetting — some of the sponsors had paid smugglers to bring the children into the country or fraudulently claimed familial relationships. As a result, these children were subjected to physical abuse and sexual and labor exploitation.

    In February 2025, the Department of Homeland Security and its federal and state partners launched a national child welfare initiative to locate and verify these at-risk kids’ safety.

    “Children’s safety and security is nonnegotiable,” said ICE spokesperson Laszlo Baksay. “The previous administration’s failure to implement meaningful safeguards has allowed vulnerable kids to fall into the hands of criminals. Our special agents are working tirelessly to locate these alien children, ensure their protection, and hold accountable those who have abused the system.”

    Since the effort’s launch, agents have uncovered alarming instances of abuse and exploitation. Special agents discovered sponsors in possession of child sexual abuse material, those who had forced minors into labor, and those who subjected them to living conditions that constituted neglect. They also discovered numerous sponsors who committed serious crimes, including offenses of hit-and-run, aggravated assault, larceny, counterfeiting, drug trafficking, prostitution and even attempted murder.

    In some of the most disturbing cases, girls were pregnant with children fathered by their alleged sponsors — which highlights the grave failures of previous vetting procedures and the dangerous consequences of placing minors in unsafe environments.

    “Our agents are doing what should’ve been done all along: protecting children, not pushing them into the shadows,” said Baksay. “This is the responsibility of any government, Republican or Democrat, but it was the Trump administration that insisted on rigorous sponsor screening and biometric verification. Those guardrails were dismantled, and we’re now seeing the consequences.”

    To ensure unaccompanied alien children’s well-being, ICE’s Homeland Security Investigations special agents have been conducting welfare checks. These visits are designed to assess whether children are receiving appropriate care, attending school, complying with immigration proceedings, and — most critically — not being trafficked, exploited or abused.

    These welfare checks are not primarily immigration enforcement focused, but if ICE agents or officers encounter individuals who are in the United States illegally, they take them into custody and process them for removal in accordance with federal immigration law. Likewise, unaccompanied children in the U.S. illegally are transferred to the Office of Refugee Resettlement’s custody.

    “Media outlets should focus less on political spin and more on the facts,” Baksay concluded. “This is about the lives of children, and it’s time we treat it with the seriousness its demands.”

    DHS takes its responsibility to protect children seriously. Parents who are here illegally can take control of their departure. Through the CBP Home App, the Trump administration is giving parents illegally in the country a chance to take full control of their departure and self-deport with the potential ability to return the legal, right way and come back to live the American dream. It is free and available for all mobile devices.

    Under the Homeland Security Act of 2002 and the Trafficking Victims Protection Reauthorization Act of 2008, the U.S. Department of Health and Human Services is required to assume custody of and provide care for all unaccompanied alien children from the time they are transferred to HHS from the Department of Homeland Security or other federal entity until they are released to a vetted sponsor. To learn more, visit https://acf.gov/orr.

    MIL OSI USA News –

  • MIL-OSI Security: DHS Confirms Individual Wanted in Hit-and-Run with Pedestrian in Nashville is an Illegal Alien from Venezuela

    Source: US Department of Homeland Security

    Immigration and Customs Enforcement lodged a detainer for this criminal illegal alien evading justice for severely injuring Zach Carach 

    WASHINGTON – Today, the Department of Homeland Security (DHS) released the following statement confirming the suspect involved in a hit-and-run accident that left 21-year-old American Zach Carach severely injured on May 18, 2025, in Nashville, Tennessee is an illegal alien from Venezuela.

    Tony Gebian Lopez Infante is wanted for allegedly striking Carach—who was visiting Nashville from Florida to celebrate his 21st birthday—with his car and fleeing the scene. Carach sustained severe injuries.

    “An illegal alien who should never have been in the U.S. allegedly struck a young man who was celebrating his 21st birthday in a hit-and-run crash and is still at large. The Biden Administration released this illegal alien into our country in 2023,” said Assistant Secretary Tricia McLaughlin. “This crime was preventable and is the direct result of open border policies that prioritized illegal aliens over the safety of American citizens. Secretary Noem is praying for Zachary Carach’s quick recovery. To report suspicious criminal activity or sightings of Lopez Infante, call 866-DHS-2-ICE (866-347-2423)–help President Trump, Secretary Noem, and our brave law enforcement remove these public safety threats from our communities and make America safe again.” 

    Lopez Infante illegally entered the United States on August 1, 2023, and was released into the country on August 14, 2023, pending removal proceedings. On September 25, 2024, an immigration judge issued a final order of removal.

    Lopez Infante is still at-large. Homeland Security Investigations agents are working with the Metropolitan Nashville Police Department to locate the suspect. This is an open investigation.

    Anonymous tips may be reported on this form and via the toll-free ICE tip line, (866) 347-2423.

    ###

    MIL Security OSI –

  • MIL-OSI Africa: Work underway to eliminate waste in government spending

    Source: South Africa News Agency

    In an ongoing effort to ensure that government manages its finances efficiently, the state is currently consulting on options for a formal fiscal anchor.

    This was outlined in the March 2025 discussion document issued by the National Treasury to prevent a recurrence of the cycle of high spending, large deficits, and rising debt.

    “Efficiency reforms continue to underpin our broader agenda. We are closing underperforming programmes, eliminating ghost workers through improved payroll systems, and establishing a centralised state-owned entity holding company to strengthen governance. 

    “Our tax administration continues to improve, with enhanced data systems and compliance measures supporting higher revenue performance,” Finance Deputy Minister, Ashor Sarupen, said on Thursday in Johannesburg.

    He was addressing the launch of the Organisation for Economic Cooperation and Development (OECD) research on South Africa’s economy.

    The OECD Economic Survey of South Africa is an independent and internationally peer-reviewed assessment of South Africa’s macroeconomic trends, structural reforms, and policy challenges.

    It suggested, among the other recommendations, that South Africa introduce stricter spending controls, reinforce spending rules and improve governance and administrative efficiency and reform state-owned enterprises (SOEs) to reduce fiscal transfers.

    The Deputy Minister noted the OECD’s recommendations while asserting that South Africa was already working towards achieving sustainable public finances.

    “We find strong alignment between our national reform agenda and the OECD Survey’s five priority recommendations for South Africa, which include enhancing fiscal sustainability while promoting inclusive growth, maintaining low and stable inflation, expanding job creation and workforce integration, enabling a just climate transition, and reforming the electricity sector.

    “Our commitment to inclusive economic growth and development remains firm, with 61% of non-interest spending being directed toward the social wage. 

    “Even as baseline spending has been reduced, we have shielded frontline services and protected the most vulnerable, focusing priority support on health, education, and social protection,” the Deputy Minister said.

    At the same time, government is investing boldly to drive growth and economic transformation. 

    Over R1 trillion has been allocated to infrastructure over the medium term, with a focus on energy, transport and water. Inclusive growth also requires labour market integration to spur job creation. 

    Government is scaling up youth employment programmes, technical training, and informal sector support.

    Operation Vulindlela

    Furthermore, government launched Phase 2 of Operation Vulindlela as a step toward further accelerating structural reform.

    Phase 2 focuses on digital infrastructure, dynamic cities, and improved basic services. 

    This work complements government’s broader strategy to build a capable state and reduce regulatory and infrastructure bottlenecks – priorities the OECD has rightly emphasised.

    Operation Vulindlela is a joint initiative between The Presidency and National Treasury which focuses on accelerating structural reforms to enable economic growth and job creation.

    With the OECD’s recommendations to revise municipal funding models and better align electricity revenues with infrastructure investment, the Deputy Minister highlighted work that was already taking place.

    “As part of Operation Vulindlela Phase 2, we are working to shift both water and electricity services to a utility model. This will help ensure that municipal services are financially sustainable and better managed. 

    “A broader review of the local government funding model is also underway to strengthen how infrastructure is funded and delivered at the local level.

    “Nowhere is the impact of reform more visible – or more necessary – than in the electricity sector. Load shedding has declined markedly, supported by improvements in generation capacity and the growing participation of the private sector. Investments in embedded generation are rising, and procurement has accelerated, helping to unlock new capacity and diversify the energy mix,” he said.

    The operationalisation of the National Transmission Company (NTCSA) marks a major milestone in the unbundling of Eskom. 

    “It lays the foundation for a more competitive and transparent electricity market. Independent power producers are expanding their footprint. At the same time, we are scaling up investment in the transmission network and addressing long-standing weaknesses in distribution. 

    “Restoring energy security remains essential to unlocking growth and enabling a just transition. A sentiment echoed by both ourselves and the OECD.

    “Looking ahead, we will deepen these reforms by prioritising the full restructuring of Eskom, establishing an independent transmission system operator, and creating a wholesale electricity market under Operation Vulindlela Phase 2,” Sarupen said. –SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Security: Pittsburgh Felon Pleads Guilty to Possession of Multiple Firearms and Ammunition

    Source: Office of United States Attorneys

    PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to a charge of violating federal firearms laws, Acting United States Attorney Troy Rivetti announced today.

    Morisee Williams, 41, pleaded guilty to Count One of an Indictment before United States District Judge Marilyn J. Horan.

    In connection with the guilty plea, the Court was advised that, on May 7, 2024, the Federal Bureau of Investigation executed a search warrant at Williams’ residence in the Knoxville neighborhood of Pittsburgh. During that search, law enforcement recovered four firearms (two of which were stolen), approximately seven ammunition magazines, hundreds of rounds of ammunition, and a firearm mount and rifle grip. As a previously convicted felon, Williams is prohibited by federal law from possessing a firearm or ammunition.

    Judge Horan scheduled sentencing for September 24, 2025. The law provides for a total sentence of up to 15 years in prison, a fine of up to $250,000, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offense and the prior criminal history of the defendant.

    Assistant United States Attorneys Katherine C. Jordan and Kelly M. Locher are prosecuting this case on behalf of the government.

    The Federal Bureau of Investigation conducted the investigation that led to the prosecution of Williams.

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    MIL Security OSI –

  • MIL-OSI Security: Guatemalan National Sentenced to Eight Months in Prison for Illegal Reentry

    Source: Office of United States Attorneys

    HARRISBURG – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Elvis Alfonso Lopez-Perez, age 32, Guatemalan National residing in Carlisle, Pennsylvania, was sentenced to eight months in prison by United States District Judge Keli M. Neary for illegally reentering the United States.

    According to Acting United States Attorney John C. Gurganus, Lopez-Perez was removed from the United States on February 1, 2013. He illegally reentered the United States at an unknown time thereafter. On May 28, 2024, he was found in Cumberland County, Pennsylvania, without having first obtained legal permission to reenter the United States.

    This case is part of Operation Take Back America (https://www.justice.gov/dag/media/1393746/dl?inline), a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).

    This matter was investigated by Homeland Security Investigations and U.S. Immigration and Customs Enforcement and Removal Operations. Assistant United States Attorney Michael Scalera prosecuted the case.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Florida Man Sentenced to Over Four Years in Prison for Embezzling $5.8 Million From Employer

    Source: Office of United States Attorneys

    Defendant cut his court ordered location monitoring device while on pre-trial release

    BOSTON – The former finance director of a Florida-based company has been sentenced in federal court in Boston for embezzling more than $5.8 million from his employer.

    Paul Schnitzer, 52, of Clermont, Fla., was sentenced by U.S. District Court Judge Leo. T. Sorokin to 54 months in prison to be followed by three years of supervised release. Schnitzer was also ordered to pay $5,831,829 in restitution and to forfeit various assets that he obtained through his crime, including the full balances of two financial accounts, subscription ownership shares in certain artwork, and up to $50,000 in cash on deposit with Bulgari, the luxury jeweler.

    Between January 2022 and May 2024, Schnitzer made over 100 transfers, most disguised as “equity distributions,” from his employer’s operating account into his personal account. He also secretly used a line of credit to replenish the company’s operating account after he had stolen from it and to transfer additional funds to his account. To hide these transfers, Schnitzer provided falsified financial reports with inflated cash balances for the company, to the Massachusetts-based investment firm that owned the company. He also spoofed email addresses and posed as representatives of the company’s bank and customers to send falsified confirmations to the company’s audit firms.

    While on pre-trial release, Schnitzer was arrested after cutting his location monitoring device in June 2024 and using a company credit card to make over $10,000 in purchases in August 2024.

    United States Attorney Leah B. Foley and Kimberly Milka, Acting Special Agent in Charge of the Federal Bureau of Investigation, Boston Division made the announcement today. Assistant U.S. Attorney David M. Holcomb of the Criminal Division prosecuted the case. Assistant U.S. Attorney Carol E. Head, Chief of the Asset Recovery Unit handled the forfeiture aspects of the case.

    MIL Security OSI –

  • MIL-OSI Security: California Resident Pleads Guilty to Trafficking Methamphetamine

    Source: Office of United States Attorneys

    JOHNSTOWN, Pa. – A resident of Long Beach, California, pleaded guilty in federal court to charges of violating federal narcotics laws, Acting United States Attorney Troy Rivetti announced today.

    Derrick Polk, 62, pleaded guilty before United States District Judge Marilyn J. Horan to Counts One and Three of the Superseding Indictment on June 4, 2025.

    In connection with the guilty plea, the Court was advised that, from in and around April 2019 to July 2021, in the Western District of Pennsylvania, Polk conspired to distribute and possess with intent to distribute 500 grams or more of a mixture of methamphetamine. Further, in and around April 2021, Polk possessed with the intent to distribute 500 grams or more of a mixture of methamphetamine. Polk was intercepted on a federal wiretap obtaining quantities of the drugs that he distributed to others.

    Judge Horan scheduled sentencing for September 24, 2025. The law provides for a total sentence of not less than 10 years and up to life in prison, a fine of up to $10 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed would be based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.

    Assistant United States Attorney Maureen Sheehan-Balchon is prosecuting this case on behalf of the government.

    The Federal Bureau of Investigation’s Laurel Highlands Resident Agency and Homeland Security Investigations conducted the investigation that led to the prosecution of Polk. Additional agencies participating in this investigation include the Bureau of Alcohol, Tobacco, Firearms and Explosives, Internal Revenue Service–Criminal Investigation, United States Postal Inspection Service, Pennsylvania Office of Attorney General, Pennsylvania State Police, Cambria County District Attorney’s Office, Indiana County District Attorney’s Office, Cambria County Sheriff’s Office, Cambria Township Police Department, Indiana Borough Police Department, Johnstown Police Department, Upper Yoder Township Police Department, Richland Police Department, Ferndale Police Department, and other local law enforcement agencies.

    This prosecution is part of an Organized Crime Drug Enforcement Task Forces (OCDETF) investigation. OCDETF identifies, disrupts, and dismantles the highest-level drug traffickers, money launderers, gangs, and transnational criminal organizations that threaten the United States by using a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    MIL Security OSI –

  • MIL-OSI Security: Wareham Man Indicted for Child Pornography Offenses

    Source: US FBI

    Defendant allegedly possessed more than 9,000 CSAM files including images of infants being sexually assaulted

    BOSTON – A Wareham man has been indicted for allegedly possessing and receiving child sexual abuse material (CSAM).

    Brandon Bendall, 49, was indicted on one count of possession of child pornography and one count of receipt of child pornography. He was arrested and charged by criminal complaint on May 2, 2028.

    According to court documents, Bendall was allegedly a member of an online chat group in which members viewed and posted CSAM. During a search of Bendall’s residence and cell phone, approximately 9,400 images and videos of CSAM, including images of children as young as infants being sexually assaulted, were allegedly located.

    The charges of receipt and possession of child pornography each provide for a sentence of at least five years and up to 20 years in prison, at least five years and up to a lifetime of supervised release and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    United States Attorney Leah B. Foley and Kimberly Milka, Acting Special Agent in Charge of the Federal Bureau of Investigation, Boston Division made the announcement today. Valuable assistance was provided by the Massachusetts State Police and the Wareham, Marion and East Bridgewater Police Departments. Assistant U.S. Attorney David G. Tobin of the Major Crimes Unit is prosecuting the case.

    This case was brought as part of Project Safe Childhood, a nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse, launched in May 2006 by the Department of Justice. Led by the U.S. Attorneys’ Offices and the DOJ’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state and local resources to locate, apprehend and prosecute individuals who exploit children, as well as identify and rescue victims. For more information about Project Safe Childhood, please visit https://www.justice.gov/psc.

    The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI Security: Humbolt, Iowa, Man Sentenced to 15 Years in Federal Prison for Sexual Exploitation of a Child

    Source: US FBI

    Paul William Flett, age 44, from Humbolt, Iowa, was sentenced in federal court in Sioux City, Iowa, on June 3, 2025.  Flett pled guilty January 23, 2025, to one count to sexual exploitation of a child. 

    Evidence in the case showed that Flett sent links and images of child pornography to underage girls and asked them to send images and videos of themselves to him.  On June 6, 2024, law enforcement executed a search warrant at Flett’s home and in a consensual interview, Flett admitted to the conduct and that he threw his phone in a closet when law enforcement arrived because he knew they were there for him.  Forensic analysis of Flett’s electronics and Kik account discovered a total of 16 videos and 60 images of child pornography including several that Flett had asked children to record of themselves.  The images and videos contained material that portrayed sadistic or masochistic conduct, as well as prepubescent children, infants, and toddlers.        

    Sentencing was held before United States District Court Judge Leonard T. Strand.  Flett was sentenced to 180 months’ imprisonment, ordered to pay $3,600 in restitution and assessments, and ordered to serve a term of supervised release of 5 years following imprisonment.  There is no parole in the federal system.  Flett remains in custody of the U.S. Marshals Service until he can be transported to a federal prison. 

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute individuals who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc. For more information about internet safety education, please visit www.usdoj.gov/psc and click on the tab “resources.”

    The case was investigated by the Federal Bureau of Investigation, Iowa Division of Criminal Investigation Cyber-Crime Unit, and Webster County Sheriff’s Office in Missouri and was prosecuted by Assistant United States Attorney Kraig R. Hamit. 

    Court file information at https://ecf.iand.uscourts.gov/cgi-bin/login.pl.

    The case file number is 24-CR-03036.  

    Follow us on X @USAO_NDIA.

    MIL Security OSI –

  • MIL-OSI Russia: IMF Staff Concludes Mission to Lebanon

    Source: IMF – News in Russian

    June 5, 2025

    End-of-Mission press releases include statements of IMF staff teams that convey preliminary findings after a visit to a country. 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. This mission will not result in a Board discussion.

    • The IMF mission held productive discussions with the Lebanese authorities on a comprehensive economic reform program. Discussions are expected to continue, both from IMF headquarters and through follow-up missions.
    • Bank restructuring remains a critical priority to restore the health of the banking sector, move away from the cash-based economy, restart credit to the private-sector, and protect depositors to the maximum extent possible.
    • Given Lebanon’s substantial reconstruction needs, limited fiscal space, and lack of capacity to borrow, the country will require significant support from external partners on highly concessional terms.

    BEIRUT, Lebanon: At the authorities’ request, an International Monetary Fund (IMF) mission led by Ernesto Ramirez Rigo visited Lebanon from May 28 to June 5, 2025, to initiate discussions on policies and a reform program that could be supported by an IMF arrangement.

    At the conclusion of the mission, Mr. Ramirez Rigo issued the following statement:

    “The IMF mission held productive discussions with the Lebanese authorities on a comprehensive economic reform program aimed at restoring macroeconomic sustainability and supporting financing for reconstruction. These initial discussions covered several reform areas, including (i) restoring the viability of the banking sector and protecting depositors to the maximum extent possible, (ii) achieving fiscal and debt sustainability, while enhancing social safety nets and rebuilding institutional capacity, (iii) establishing credible monetary and exchange rate policy frameworks, (iv) strengthening governance and transparency, (v) enhancing the Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) regime, and (vi) reforming state-owned enterprises.

    It was agreed that the rehabilitation of the banking system remains a critical priority to rebuild confidence in banks, move away from the current cash-based economy, and restart credit to the private-sector, which is necessary for growth. The authorities have made some progress recently, including the amendment of the Bank Secrecy Law and submission of a new bank resolution law to Parliament. The next step is for Parliament to approve this legislation, which will establish powers to underpin the recovery of orderly banking intermediation, while safeguarding the public interest. The mission also engaged with the authorities on their emerging bank restructuring and deposit recovery strategy. More work in close cooperation with the authorities will be needed to ensure this strategy is aligned with international standards and debt sustainability requirements.

    “The mission also discussed the 2026 Budget and the development of a medium-term fiscal framework. For the 2026 Budget, given the limited fiscal space and available financing, it is critical that any additional expenditures be fully offset by corresponding revenue efforts, including by strengthening enforcement and compliance in tax and customs administration. An ambitious medium-term revenue mobilization and expenditure rationalization strategy along with improved fiscal transparency and public financial management is needed to strengthen public finances and create space for increased social protection and capital expenditures. The medium-term fiscal framework should also support the restructuring of Eurobonds to restore debt sustainability. Given Lebanon’s substantial reconstruction needs, the authorities’ reform efforts will require significant support from external partners, preferably on highly concessional terms. Enhanced support to Lebanon is also needed to help the country shoulder the continued burden of hosting a large refugee population.

    “Building on these key reform pillars, discussions on formulating a comprehensive reform program are expected to continue, both from IMF headquarters and through follow-up missions. The mission reaffirmed the Fund’s commitment to supporting Lebanon during this challenging period, consistent with its mandate and policies.

    “The mission thanks the Lebanese authorities and all stakeholders for their cooperation and constructive engagement.”

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Wafa Amr

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

    https://www.imf.org/en/News/Articles/2025/06/05/pr-25182-lebanon-imf-staff-concludes-mission-to-lebanon

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA: Up to $100M Available for Community Centers

    Source: US State of New York

    overnor Kathy Hochul today announced that funding is available from the new $100 million Building Recreational Infrastructure for Communities, Kids and Seniors (NY BRICKS) capital grant program. Governor Hochul secured this funding in the FY 2026 Enacted Budget to support municipalities and nonprofit organizations in building or renovating community centers that promote physical health, mental well-being, and community connections for youth and older adults. NY BRICKS will offer grants of up to $15 million to fund design, construction, renovation, and land acquisition for these centers. Priority will be given to projects in underserved communities, as well as those offering affordable services like childcare, eldercare, and mental health counseling. The program aims to make transformative, high-impact investments in local communities. This announcement builds on Governor Hochul’s ‘Unplug and Play’ initiative to get kids off of their phones by funding playgrounds, community centers, affordable sports programs and recreational opportunities.

    “Every New Yorker deserves a safe, welcoming space to grow, connect, and thrive,” Governor Hochul said. “We’re investing in the future of our communities — creating vibrant centers where kids can play, seniors can stay active, and families can access the support they need. This is about building more than infrastructure — it’s about building opportunity, equity, and well-being in every corner of our state.”

    As part of Governor Hochul’s FY 2026 Enacted Budget and State of the State proposals, NY BRICKS offers grants between $250,000 and $15 million to acquire, design, construct or reconstruct facilities, provide major renovations, improvements, and modernization or rehabilitation of community centers. The Request for Applications (RFA) for funding was posted today at dasny.org and parks.ny.gov.

    The application period for the NY BRICKS capital grant program will open on July 14, 2025 and applications must be submitted by August 15, 2025. Awards are expected to be announced no earlier than November 1, 2025. Applications will be evaluated on characteristics of projects’ need, impact, and viability. NY BRICKS grants will require applicants to provide a 20 percent matching contribution towards the overall project cost. Not-for-profit entities must receive approved prequalification status in the Statewide Financial System (SFS) prior to the submission of their application and must remain prequalified through the execution of the Grant Disbursement Agreement and payment of all requisitions.

    Dormitory Authority of the State of New York President and CEO Robert J. Rodriguez said, “DASNY is proud to administer NY BRICKS grants that will strengthen communities across New York State. These investments in community centers represent more than just buildings — they’re foundations for healthier, more connected neighborhoods. We thank Governor Hochul for her leadership in securing this critical funding that will help municipalities and nonprofits create spaces where families and communities can thrive.”

    New York State Office of Parks, Recreation and Historic Preservation Commissioner Pro Tempore Randy Simons said, “I applaud Governor Hochul for prioritizing strategic investments in New Yorkers’ mental and physical wellness. The NY BRICKS program will offer New York families more options to disconnect from life’s daily stresses and incorporate healthy activity into their lives. Our agency looks forward to working with DASNY to launch this initiative with community partners across the state and help New Yorkers enjoy the proven benefits that come with year-round recreation and physical activity.”

    State Senator José Serrano said, “As the Chair of the Committee on Cultural Affairs, Tourism, Parks and Recreation, I am a firm believer that community centers serve as a way to connect with one another and promote physical and mental well-being. The NY BRICKS capital grant program would help to expand much-needed services to people of all ages in today’s fast-paced world. My sincere thanks to Governor Kathy Hochul, the OPRHP, and DASNY for these transformative, high-impact investments in our communities.”

    Governor Hochul’s Unplug and Play Initiative
    The Governor’s new Unplug and Play initiative earmarks $100 million for the construction and renovation of community centers through the Build Recreational Infrastructure for Communities, Kids and Seniors (NY BRICKS); $67.5 million for the Places for Learning, Activity and Youth Socialization (NY PLAYS) initiative helping New York communities construct new playgrounds and renovate existing playgrounds; and an additional $90 million for the continuation of the Statewide Investment in More Swimming (NY SWIMS) initiative including $50 million for a competitive grant program supporting municipalities in the renovation and construction of swimming facilities and $40 million for other swimming-based investments. Additionally, “Get Offline, Get Outside,” is an initiative launched by Governor Hochul to promote physical and mental health by encouraging kids and families to put down their screens, take a break from social media, enjoy recreation and the outdoors, and put their mental and physical health first.

    The Governor’s Office, NYS Office of Parks, Recreation and Historic Preservation (OPRHP) and DASNY are committed to helping potential applicants prepare competitive applications. The open application question period begins on June 5, 2025, and all questions must be submitted via the NY BRICKS SurveyMonkey form accessible here. A webinar video will be posted on the NYS OPRHP and DASNY NY BRICKS websites (www.dasny.org and www.parks.ny.gov) on June 25, 2025. This video will address questions received by June 20, 2025 and review the RFA and application process. Questions received after the webinar video has been posted on June 25, 2025, and prior to 3:00 p.m. on June 27, 2025 will be made available on the same websites by July 11, 2025. Details regarding the submission of questions are provided in the RFA and on the NYS OPRHP and DASNY websites. All potential applicants are strongly encouraged to review the RFA, submit questions in writing, and view the Webinar as the NY BRICKS Grant Application process will be explained in the webinar video.

    MIL OSI USA News –

  • MIL-OSI: Stamper Announces Proposed Brokered Private Placement of Subscription Receipts of BISP Exploration Inc.

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to United States newswire services or for release publication, distribution or dissemination directly, or indirectly, in whole or in part, in or into the United States.

    VANCOUVER, British Columbia, June 05, 2025 (GLOBE NEWSWIRE) — Stamper Oil & Gas Corp. (“Stamper” or the “Company”) (TSX-V: STMP) is pleased to announce that further to the Company’s press release dated May 14, 2025 announcing the entering into of an acquisition agreement dated May 12, 2025 with BISP Exploration Inc. (“BISP”) pursuant to which the Company will acquire all of the issued and outstanding common shares of BISP (the “Transaction”), BISP will undertake a “best efforts” brokered private placement of subscription receipts (the “Financing”).

    In connection with the Transaction, BISP has engaged Ventum Financial Corp. (the “Lead Agent”) to act as lead agent and sole bookrunner (on its own behalf and on behalf of a syndicate of agents which may be formed, and collectively with the Lead Agent, the “Agents”) in connection with the Financing of up to 80,000,000 subscription receipts (the “Subscription Receipts”) at a price of $0.20 per Subscription Receipt (the “Offering Price”) to raise gross proceeds of up to $16 million (the “Escrowed Funds”), which will be held in escrow by Endeavor Trust Corporation (the “Subscription Receipt Agent”). BISP has granted to the Agents an over-allotment option, exercisable at any time prior to the Closing Date (as defined below), to offer up to an additional 15% of the Subscription Receipts at the Offering Price. The Subscription Receipts will be issued pursuant to a subscription receipt agreement (the “Subscription Receipt Agreement”) to be entered into among BISP, the Lead Agent, and the Subscription Receipt Agent. Upon satisfaction of the escrow release conditions, which will be further outlined in the Subscription Receipt Agreement and include, but not limited to, satisfaction of all conditions precedent of the Transaction, each Subscription Receipt will entitle the holder thereof, without payment of any additional consideration and without further action on the part of the holder thereof, to one unit of BISP (a “BISP Unit”), and the Escrowed Funds, together with any interest earned thereon, will be released to BISP. If the escrow release conditions are not satisfied or waived within six (6) months of the Closing Date, the Subscription Receipts will be cancelled, and the Escrowed Funds, together with any interest earned thereon, will be returned by the Subscription Receipt Agent to subscribers on a pro rata basis.

    Each BISP Unit will consist of one common share in the capital of BISP (a “BISP Share”) and one-half (0.5) of one (1) common share purchase warrant of BISP (each whole warrant, a “BISP Warrant”). The BISP Shares and the BISP Warrants will then be exchanged for common shares of Stamper (on a post-Split (as defined herein) basis) (the “Resulting Issuer Shares”) and common share purchase warrants of Stamper (on a post-Split basis) (the “Resulting Issuer Warrants”), respectively, on a one-for-one basis. Each whole Resulting Issuer Warrant will be exercisable to purchase one post-Split Resulting Issuer Share at an exercise price of $0.35 for a period of 36 months from the closing date of Financing (the “Closing Date”). In connection with the Transaction, Stamper will subdivide the common shares in the capital of Stamper (the “Stamper Shares”) on the basis of 3.8 post-split Stamper Shares for each one (1) pre-split Stamper Share (the “Split”). All Stamper Shares issued in connection with the Transaction will be on a post-Split basis.

    BISP will pay the Agents a cash commission equal to 7.0% of the gross proceeds of the Financing which shall be reduced to 2.0% with respect to any subscriptions received from subscribers on the president’s list provided by BISP, such president’s list to be a minimum of $10,000,000 and up to a maximum of $12,000,000 in the aggregate (the “President’s List”), and issue broker warrants (the “Broker Warrants”) exercisable to acquire that number of BISP Units equal to 7.0% of the number of Subscription Receipts sold under the Financing, which shall be reduced to 2.0% with respect to any subscriptions from subscribers on the President’s List. Such Broker Warrants shall be exercisable at a price of $0.20 per BISP Unit, for a period of 36 months from the Closing Date. BISP will pay to the Agents, on the completion of the Financing, the cash commission and issue the Broker Warrants to the Agents. Provided the escrow release conditions are satisfied, pursuant to the Transaction, each Broker Warrant will be exchanged for one broker warrant of the Resulting Issuer, which shall entitle the holder thereof to subscribe for post-Split Resulting Issuer units on the same terms as the BISP Units. BISP will also reimburse the Agents for all reasonable expenses and fees incurred with respect to the Financing. BISP will have the right to include on the President’s List subscribers that will purchase up to 60,000,000 Subscription Receipts at the Offering Price for gross proceeds of up to $12,000,000.

    The Subscription Receipts will be subject to resale restrictions under applicable securities legislation. The Subscription Receipts will not be transferable under the laws of Canada, except pursuant to applicable statutory exemptions, until the date that is four months and a day after the date BISP becomes a reporting issuer in any province or territory of Canada. The Resulting Issuer Shares and the Resulting Issuer Warrants issuable upon the exchange of the BISP Shares and the BISP Warrants that are issued upon conversion of the Subscription Receipts will be freely tradeable for Canadian holders pursuant to applicable Canadian securities laws. The net proceeds of the Financing will primarily be used to fund the cash portion of the Transaction, fund exploration operations, to meet the working capital requirements of the Resulting Issuer, and for general corporate purposes.

    This news release does not constitute an offer to sell or a solicitation of an offer to buy any securities in the United States or to any “U.S. Person” (as such term is defined in Regulation S under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”)) of any equity or other securities of the Company. The securities described herein have not been, and will not be, registered under the U.S. Securities Act or under any state securities laws and may not be offered or sold in the United States or to a U.S. Person absent registration under the U.S. Securities Act and applicable securities laws or an applicable exemption therefrom. Any failure to comply with these restrictions may constitute a violation of U.S. securities laws.

    About Stamper Oil & Gas

    Stamper Oil & Gas Corp. (TSX-V: STMP) is an “Energy Commodity Focused” resource company, seeking to acquire interests in mineral and/or oil & gas resource properties focused on energy creation, storage or delivery. The Company is committed to creating sustainable shareholder value by evaluating and developing future prospects into commercially viable assets.

    ON BEHALF OF THE BOARD OF DIRECTORS

    “Bryson Goodwin”
    Bryson Goodwin, President & CEO
    Chairman of Board of Directors

    For further information, please contact:
    Phone: 604-341-1531
    Email: brysongoodwin@shaw.ca

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    This news release includes certain statements that may be deemed “forward-looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Forward looking statements in this news release include the closing of the Financing and Transaction, the issuance of securities of the Company and the Resulting Issuer pursuant to the Subscription Receipts, and the anticipated use of proceeds of the Financing. Factors that could cause the actual results to differ materially from those in forward-looking statements include the receipt of regulatory approvals, market prices, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward-looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by applicable securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

    The MIL Network –

  • MIL-OSI: 11th.com Named Tech Disruptor Finalist in the Wealth Management 2025 Industry Awards

    Source: GlobeNewswire (MIL-OSI)

    New York, New York, June 05, 2025 (GLOBE NEWSWIRE) — 11th.com, the leading automated investor recovery platform for RIAs, announced today that it has been named a Finalist in the Wealth Management 2025 Industry Awards (the “Wealthies”) for Disruption in Investor Recovery Technology.

    11th.com Named Finalist for Tech Disruptor at the Wealth Management Industry Awards

    11th.com is a first-of-its-kind technology that automates the recovery of funds owed to investors from securities class actions and shareholder settlements. Built for RIAs, wealth managers, and financial institutions, it identifies, files, and collects eligible claims on behalf of their clients—with no manual effort required. 11th.com turns a historically overlooked process into a seamless, value-added service that strengthens client relationships and enhances firm growth.

    “We’re honored to receive this prestigious award from WealthManagement.com,” said Stan Vick, Founder & CEO. “Being recognized alongside some of the most influential players in wealth management reinforces our mission to modernize the recovery of billions in missed investor funds.”

    Now in its 11th year, the Wealth Management Industry Awards is the only awards program of its kind to honor outstanding achievements by companies, organizations, and individuals that support financial advisor success.

    A panel of judges made up of top names in the industry, led by WealthManagement.com director of editorial strategy and operations David Armstrong, chose the finalists and will determine the winners, which each year recognizes the firms and individuals who are bringing new innovations to market that make a real difference to the daily activities of financial advisors. Winners will be announced at a gala and awards ceremony in New York City on September 4th.

    “The Industry Awards are a beacon, illuminating the trailblazers and innovators who are shaping the future of the financial services industry,” said David Armstrong, director of editorial strategy and operations. “They serve as a leading indicator of future activity, and as a barometer for the dynamic ecosystem of companies and organizations that empower, support and enable advisor success who are driving the industry forward.”

    About 11th.com

    11th.com is the first technology platform that empowers RIAs and wealth managers to automatically recover funds from securities class actions and shareholder settlements. Through its patented engine, 11th.com has claimed over $250 million for more than 50,000 clients—including RIAs, wealth managers, and individual investors. Designed for scale, the platform handles unlimited clients and claims, no matter the legal or technical complexity.

    About WealthManagement.com

    WealthManagement.com, an Informa business, provides everything wealth professionals need to know to stay knowledgeable about the industry, build stronger relationships, improve their practice, and grow their business. WealthManagement.com offers financial services organizations a broad array of marketing services designed to help them influence the industry’s leading audience of wealth management professionals.

    Press inquiries

    11th.com
    https://11th.com
    Stan Vick
    pr@11th.com
    (302) 261-8626

    The MIL Network –

  • MIL-OSI: No KYC, 100x Leverage for All — Double Deposit Bonus & $50 Welcome Now on BexBack

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, June 05, 2025 (GLOBE NEWSWIRE) — As the price of Bitcoin surpassed the $100,000 mark and subsequently stabilized above $100,000, many analysts believe that it will enter a long-term high-volatility market. Holding spot positions may not continue to generate profits in the short term. BexBack Exchange is stepping up its efforts to provide traders with irresistible preferential packages. The platform now offers a 100% deposit bonus, a $50 welcome bonus for new users, and a 100x leverage on cryptocurrency trading, creating unparalleled opportunities for investors.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $100,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $105,000, your profit will be (105,000 – 100,000) * 100 BTC / 100,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP,and 50+ others futures contracts. It is headquartered in Singapore with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina. It holds a US MSB (Money Services Business) license and is trusted by more than 500,000 traders worldwide. Accepts users from the United States, Canada, and Europe. There are no deposit fees, and traders can get the most thoughtful service, including 24/7 customer support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC and 1M USDT in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (Deposit greater than 0.001BTC or 100 USDT, complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com 

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

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/6c8ebafa-00e4-4543-9b07-e65790e4713a

    https://www.globenewswire.com/NewsRoom/AttachmentNg/828c2294-7355-42e4-8b31-3989f17b37ca

    https://www.globenewswire.com/NewsRoom/AttachmentNg/9f37cd71-1603-4d60-9fef-38177448a291

    https://www.globenewswire.com/NewsRoom/AttachmentNg/329ecdb9-cda3-4d25-a997-e7755e463fb8

    The MIL Network –

  • MIL-OSI USA: ICE, law enforcement partners arrest 15 gang members, seize 16 firearms

    Source: US Immigration and Customs Enforcement

    BATON ROUGE, La. — U.S. Immigration and Customs Enforcement, in collaboration with local, state and federal partners and the Violent Gun Reduction and Interdiction Program, arrested 15 gang members and seized 16 firearms and $44,000 in cash as part of the efforts to make local communities safer.

    “Our communities are safer today because of Homeland Security Investigations and law enforcement partners working together to stop crime on our streets,” said ICE HSI New Orleans Special Agent in Charge Eric DeLaune.

    The VGRIP is a multiagency, multijurisdictional approach to target violent gangs in East Baton Rouge Parish through the use of targeted enforcement operations focused on violent gangs and neighborhoods.

    Partnering agencies in the program include the FBI, the Bureau of Alcohol, Tobacco, Firearms and Explosives, the Drug Enforcement Agency, East Baton Rough Parish Sheriff’s Office, Baton Rouge Police Department, Louisiana State Police, Louisiana Probation and Parole, Livingston Parish Sheriff’s Office, U.S. Customs and Border Protection Air and Marine Operations, Louisiana National Guard Air Support and the East Baton Rouge District Attorney’s Office.

    The VGRIP will be working the entire summer of 2025 in the Baton Rouge Capitol Area, working to make local communities safer.

    Members of the public with information about related crimes are encouraged to contact the ICE Tip Line at 866-DHS-2-ICE (866-347-2423) or submit information online via the ICE Tip Form.

    For more information about ICE HSI New Orleans and its efforts to enhance public safety in Louisiana, Mississippi and Arkansas, follow us on X at @HSINewOrleans.

    MIL OSI USA News –

  • MIL-OSI USA: Marine Economy Satellite Account, 2023

    Source: US Bureau of Economic Analysis

    The Marine Economy Satellite Account statistics released today by the U.S. Bureau of Economic Analysis show the marine economy accounted for $511.0 billion, or 1.8 percent, of current-dollar U.S. gross domestic product in 2023, an increase from $482.4 billion in 2022 (tables 2 and 3). The marine economy accounted for $826.6 billion, or 1.7 percent, of current-dollar gross output in 2023 (table 8).

    Real (inflation-adjusted) gross domestic product (GDP) for the marine economy increased 2.9 percent from 2022 to 2023 (table 1), compared with a 2.9 percent increase for the overall U.S. economy. Marine economy compensation increased 9.4 percent, or $19.1 billion, and employment increased 4.5 percent, or 111,000 full- and part-time employees.

    Today’s release also reflects updated statistics for 2014–2022. Gross output, value added, employment, and compensation were updated to include the results of the 2023 comprehensive update and the 2024 annual update of the National Economic Accounts, which includes the Industry Economic Accounts. The updated statistics reflect newly available and revised source data.

    Marine economy by activity

    To estimate the marine economy by activity, this satellite account reorganizes industry value added (or GDP) and gross output statistics and presents the data in a framework that reflects marine-related activities. Marine economy activities fall into the following 10 general categories:

    1. Living resources, marine
    2. Construction, coastal and marine
    3. Research and education, marine
    4. Transportation and warehousing, marine
    5. Professional and technical services, marine
    6. Minerals, offshore
    7. Utilities, coastal
    8. Ship and boat building, nonrecreational
    9. Tourism and recreation, coastal and offshore
    10. National defense and public administration

    Marine economy real gross output—principally a measure of the marine economy’s inflation-adjusted sales or receipts, which includes sales to final users in the economy (GDP) and sales to other industries (intermediate inputs)—increased 3.5 percent, or $22.7 billion, in 2023 (tables 7 and 9). Marine economy activity highlights for 2023 include the following:

    • Tourism and recreation, coastal and offshore increased $8.6 billion, or 4.0 percent, to a level of $225.1 billion, making it the largest contributor to the growth in 2023 marine economy real gross output.
    • Minerals, offshore increased $6.8 billion, or 9.6 percent, to $77.2 billion, making it the second-largest contributor to the overall growth.
    • Living resources, marine increased $1.7 billion, or 5.1 percent, to $34.4 billion.
    • Ship and boat building, nonrecreational decreased $68 million, or 0.3 percent, to $19.5 billion, making it the largest offset to the overall growth in 2023 marine economy real gross output.

    Marine economy by industry

    Industry statistics show the contributions of industries to the marine economy, including their impact on value added (or GDP by industry), gross output, employment, and compensation.

    Marine economy industry highlights for 2023 include the following:

    • Government, as a share of marine economy current-dollar value added, was the largest industry group and accounted for 32.6 percent, or $166.4 billion (table 6), and was the largest industry group for compensation ($101.3 billion) and for employment (about 793,000 full- and part-time jobs).
    • Finance, insurance, real estate, rental, and leasing was the second-largest industry group as a share of the marine economy and accounted for 12.7 percent, or $64.7 billion, of current-dollar value added.
    • Transportation and warehousing accounted for 10.7 percent, or $54.7 billion, of marine economy value added.
    • Arts, entertainment, recreation, accommodation, and food services accounted for 10.3 percent, or $52.6 billion, of value added and was the second-largest industry group for employment (about 652,000 full- and part-time jobs) in 2023, with the second-largest level of compensation ($26.8 billion).

    The Marine Economy Satellite Account Estimation Methods

    The Marine Economy Satellite Account (MESA) measures the economic activity associated with the marine economy, identifies the industries responsible for producing these goods and services, and measures the output, value added, compensation, and employment associated with that production. Like other BEA satellite accounts, the MESA was built on BEA’s comprehensive supply and use framework. The supply and use tables (SUTs) provide a detailed look at the relationships among industries and how each industry contributes to GDP. In practice, the MESA is a rearrangement of the published SUTs with new estimation methods that isolate marine-related spending and production. A variety of private and public data sources were used to identify marine-related spending and production to develop the MESA estimates.

    An important feature of the MESA is the presentation of estimates of gross output and value added by marine economic activity, in addition to the standard presentation of estimates by industry. This allows for the marine economy to be better analyzed in areas where significant economic activity occurs across a variety of industries.

    The geographic scope of the MESA includes the Atlantic, Pacific, and Arctic Oceans within the Exclusive Economic Zone (approximately 200 nautical miles off the U.S. coast) as well as marginal seas, such as the Chesapeake Bay, Puget Sound, Long Island Sound, San Francisco Bay, and others. Also included is the U.S. shoreline directly along these bodies of water. Furthermore, the Great Lakes are included up to the international boundary with Canada.

    For additional information on the marine economy statistics as well as the data sources and methodology that underlie their preparation, refer to “Defining and Measuring the U.S. Ocean Economy.”

    The Marine Economy Satellite Account was produced in partnership with the National Oceanic and Atmospheric Administration.

    Data Availability

    The complete set of detailed annual statistics for 2014–2023 are available on BEA’s website. Statistics include data on marine economy gross output and value added presented by both industry and activity as well as employment and compensation presented by industry.

    For Marine Economy Satellite Account definitions and more, visit “Additional Information.”

    Next release: Spring 2026
    Marine Economy Satellite Account, 2024

    MIL OSI USA News –

  • MIL-OSI: Reeflex Solutions Inc. Announces Market-Making Agreement

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

    CALGARY, Alberta, June 05, 2025 (GLOBE NEWSWIRE) — Reeflex Solutions Inc. (TSXV: RFX) (“Reeflex” or the “Company”) is pleased to announce that, subject to TSX Venture Exchange approval, it has entered into an agreement with the Ventum Financial Corp. (“Ventum”) to provide market-making services in accordance with applicable TSX Venture Exchange policies. Pursuant to the agreement, Ventum will seek to maintain an orderly market for the common shares of the Company.

    Under the agreement, Ventum will receive compensation of CAD$5,000 per month, payable monthly in advance. The agreement is for an initial term of three months and will renew automatically for additional one-month terms unless terminated. The agreement may be terminated by either party with 30 days’ notice. 

    There are no performance factors contained in the agreement, and Ventum will not receive shares or options as compensation. Ventum and the Company are unrelated and unaffiliated entities. Ventum is a privately owned corporation controlled by its principals. At the time of the agreement, neither Ventum nor its principals have any interest, directly or indirectly, in the securities of the Company, except that Ventum holds 500,000 previously issued agent’s options at an exercise price of $0.10 per share, which were issued in connection with the initial public offering of the Company and are unrelated to the market-making agreement. All funds and securities required for the market-making activities will be provided by Ventum, using its own capital. No third party is providing funds or securities for these activities.

    About Ventum

    Ventum Financial Corp. is headquartered in Toronto, Ontario with key operational functions in Vancouver, British Columbia, and is a leading independent investment advisory and capital markets firm with fifteen offices across Canada. With a steadfast commitment to integrity and client service, Ventum provides a wide array of financial services to individual, institutional, and corporate clients through our team of experienced professionals. Ventum is a dealer-member of the Canadian Investment Regulatory Organization (CIRO).

    About Reeflex

    Reeflex is a public company delivering advanced engineering and manufacturing solutions across various industry sectors. Through our wholly-owned subsidiary, Coil Solutions Inc., we provide coil tubing injectors and downhole tools for the oil & gas sector. Our manufacturing division, Ranglar Manufacturing, specializes in custom-designed mobile equipment for a wide range of industrial applications. See www.coilsolutions.com and www.ranglar.com.

    Reeflex Contact

    For further information, please contact:

    John Babic
    President, Chief Executive Officer and Director
    Email: john.babic@reeflex.ca
    Telephone: 780-909-4220

    Cautionary Note Regarding Forward–Looking Information

    This press release contains “forward-looking information” or “forward-looking statements” within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, including statements included in the “About Reeflex” section of this press release, are forward-looking. Generally, the forward-looking information and forward-looking statements can be identified by the use of forward-looking terminology such as “anticipate”, “believes”, “estimates”, “expects”, “intends”, “may”, “should”, “will” or variations of such words or similar expressions. More particularly, and without limitation, this press release contains forward-looking information or forward-looking statements concerning the resumption of trading of the Reeflex Shares on the TSXV and Reeflex capitalizing on opportunities for growth in its industry. Reeflex cautions that all forward-looking information and forward-looking statements are inherently uncertain, and that actual performance may be affected by a number of material factors, assumptions and expectations, many of which are beyond the control of Reeflex, including expectations and assumptions concerning Reeflex, as well as other risks and uncertainties, including those described in Reeflex’s filings available on SEDAR+ at www.sedarplus.ca. The reader is cautioned that assumptions used in the preparation of any forward-looking information or forward-looking statements may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted as a result of numerous known and unknown risks, uncertainties and other factors, many of which are beyond the control of Reeflex. The reader is cautioned not to place undue reliance on any forward-looking information or forward-looking statements. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-looking information and forward-looking statements contained in this press release are expressly qualified by this cautionary statement.

    The forward-looking information and forward-looking statements contained in this press release are made as of the date of this press release, and Reeflex does not undertake any obligation to update publicly or to revise any of the included forward-looking information or forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by law.

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

    The securities have not been and will not be registered under the United States Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.

    The MIL Network –

  • MIL-OSI USA: Rep. Pfluger Highlights Need to Stop Illegal Robocalls and Robotexts

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    Rep. Pfluger Highlights Need to Stop Illegal Robocalls and Robotexts

    Washington, June 5, 2025

    WASHINGTON, DC — Congressman August Pfluger (TX-11), a member of the U.S. House Energy and Commerce Committee, participated in an Oversight and Investigations Subcommittee hearing titled “Stopping Illegal Robocalls and Robotexts: Progress, Challenges, and Next Steps.”

    During the hearing, Rep. Pfluger emphasized that while this is certainly an issue for everyone who receives robocalls and robotexts, it is especially alarming for physicians who are being interrupted by these illegal calls and texts while caring for their patients. To highlight this, Rep. Plfuger showed screenshots from physicians in TX-11, receiving back-to-back illegal robocalls.

    Rep. Pfluger then questioned the witnesses on how Congress can effectively assist in stopping illegal robocalls and robotexts, especially when it comes to physicians in hospitals receiving these calls that disrupt patient care.

    Watch the full interaction HERE or read highlights below.

    Rep. Pfluger: What do you think we can do? And anybody is open to answering this. What do you think we can do for hospitals in general? You know, for those that are providing emergency services? Because nobody’s using a pager anymore, it’s all cell phones, and maybe they need to go back to that. But what can we do to think creatively to really stop that? Every constituent of mine wants it stopped, but are there specific ideas?

    Sarah Leggin: That’s a good question. You know, it’s a really challenging issue, especially when we want to make sure that critical public safety and public health services need to get their calls through. The same tools that we apply to protect consumers can protect the personal lines of physicians and other things: call blocking, call labeling, call filtering services, and then combining that with enforcement so that we’re stopping those at the source.

    Rep. Pfluger: This particular physician goes through, deletes, reports junk, and does all of that, so it sounds like it’s been a continued issue. I’ll go to Mr. Bercu. When we look at the gaps, and just kind of building on this same theme, are there specific things that you would have us do to address those gaps? And if so, maybe describe how they affect, let’s just go with the physician sector, the health industry?

    Joshua Bercu: Yeah, absolutely. I think we have the right framework. Mr. Winters was talking about the robocall mitigation database, and I couldn’t agree more. We need to find ways to quickly find the bad actors in that database and get them out. The FCC does require that providers have to do due diligence about who they take traffic from, so we’re developing the data to see who keeps taking traffic from these shell companies. So I’m optimistic we’ll continue to make progress. There are, as Ms. Leggin mentioned, blocking labeling in specific use cases. I know we work sometimes with some companies that sit on the inbound call side for a hospital, and they have sophisticated tools to see which is the consumer, which is not. So those are some of the things I’d recommend that the doctor look into.

     

    MIL OSI USA News –

  • MIL-OSI Security: U.S. Government Seizes Approximately 145 Criminal Marketplace Domains

    Source: US FBI

    ALEXANDRIA, Va. – The U.S. Attorney’s Office for the Eastern District of Virginia announced today the seizure of approximately 145 darknet and traditional internet domains, and cryptocurrency funds associated with the BidenCash marketplace. The operators of the BidenCash marketplace use the platform to simplify the process of buying and selling stolen credit cards and associated personal information.

    BidenCash commenced operations in March 2022. BidenCash administrators charged a fee for every transaction conducted on the website. The BidenCash marketplace had grown to support over 117,000 customers, facilitated the trafficking of over 15 million payment card numbers and personally identifiable information, and generated over $17 million in revenue during its operations.

    The BidenCash marketplace domains will no longer be operational and will be redirected to a U.S. law enforcement-controlled server, preventing future criminal activity on these sites. The marketplace also sold compromised credentials that could be used to access computers without proper authorization.

    Between October 2022 and February 2023, the BidenCash marketplace published 3.3 million individual stolen credit cards for free to promote the use of their services. The stolen data included credit card numbers, expiration dates, Card Verification Value (CVV) numbers, account holder names, addresses, email addresses, and phone numbers.

    According to court records, the United States obtained court authorization to seize cryptocurrency funds that BidenCash marketplace used to receive illicit proceeds from its illegal sales.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; John Szydlik, Resident Agent in Charge of the U.S. Secret Service’s Frankfurt Resident Office; and Philip Russell, Acting Special Agent in Charge of the FBI Albuquerque Field Office, made the announcement.

    This case was investigated by the U.S. Secret Service’s Frankfurt Resident Office, the U.S. Secret Service’s Cyber Investigative Section, and the FBI Albuquerque Field Office.

    The Department of Justice thanks the Dutch National High Tech Crime Unit, The Shadowserver Foundation and Searchlight Cyber for their assistance with the investigation.

    The government is represented by Assistant U.S. Attorney Zoe Bedell in these matters.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia.

    MIL Security OSI –

  • MIL-OSI Security: Newcomb Man Pleads Guilty to Knife Assault Outside Shiprock Grocery Store

    Source: US FBI

    ALBUQUERQUE – A Newcomb man pleaded guilty to assault resulting in serious injury following a violent knife assault outside a local grocery store.

    According to court records, on November 12, 2024, Josiah Bodie, 23, an enrolled member of the Navajo Nation, assaulted John Doe with a knife outside Basha’s Grocery Store in Shiprock, New Mexico. As a result of the assault, John Doe suffered serious bodily injury. 

    At sentencing, Bodie faces a maximum of 10 years in prison. Upon his release from prison, Bodie will be subject to up to five years of supervised release.

    U.S. Attorney Ryan Ellison and Philip Russell, Acting Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Farmington Resident Agency of the FBI Albuquerque Field Office investigated this case with the assistance of the Navajo Nation Police Department and the Navajo Nation Department of Criminal Investigations. Assistant U.S. Attorney Caitlin L. Dillon is prosecuting the case.

    MIL Security OSI –