NewzIntel.com

Category: Finance

  • MIL-OSI: ARKO to Report Second Quarter 2025 Financial Results on August 6, 2025

    Source: GlobeNewswire (MIL-OSI)

    RICHMOND, Va., July 23, 2025 (GLOBE NEWSWIRE) — ARKO Corp. (Nasdaq: ARKO) (the “Company”), a Fortune 500 company and one of the largest convenience store operators in the United States, today announced that the Company will host a conference call on Wednesday, August 6, 2025 at 5:00 p.m. Eastern Time to discuss its financial results for the second quarter ended June 30, 2025.

    ARKO Corp.’s management team will host the conference call, followed by a question-and-answer period. The Company will provide its financial results in a press release prior to the call.

    Date: Wednesday, August 6, 2025
    Time: 5:00 p.m. Eastern Time
    Toll-free dial-in number: (877) 605-1792
    International dial-in number: (201) 689-8728
    Webcast: ARKO’s Q2 2025 Earnings Call

    A telephonic replay will be available approximately three hours after the call concludes through Friday, September 5, 2025.

    Toll-free replay number: (877) 660-6853
    International replay number: (201) 612-7415
    Replay ID: 13754740

    A link to the live webcast and replay will also be available at https://www.arkocorp.com/news-events/ir-calendar. We encourage all participants to register at least 15 minutes prior to the 5:00 p.m. ET start time. If you have any difficulty registering or connecting with the conference call, please contact Elevate IR at (720) 330-2829.

    About ARKO Corp.

    ARKO Corp. (Nasdaq: ARKO) is a Fortune 500 company that owns 100% of GPM Investments, LLC and is one of the largest operators of convenience stores and wholesalers of fuel in the United States. Based in Richmond, VA, our highly recognizable Family of Community Brands offers delicious, prepared foods, beer, snacks, candy, hot and cold beverages, and multiple popular quick serve restaurant brands. We operate in four reportable segments: retail, which includes convenience stores selling merchandise and fuel products to retail customers; wholesale, which supplies fuel to independent dealers and consignment agents; fleet fueling, which includes the operation of proprietary and third-party cardlock locations and issuance of proprietary fuel cards that provide customers access to a nationwide network of fueling sites; and GPM Petroleum, which sells and supplies fuel to our retail and wholesale sites and charges a fixed fee, primarily to our fleet fueling sites. To learn more about GPM stores, visit: www.gpminvestments.com. To learn more about ARKO, visit: www.arkocorp.com.

    Company Contact
    Jordan Mann
    ARKO Corp.
    investors@gpminvestments.com

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

    The MIL Network –

  • MIL-OSI: PennantPark Investment Corporation’s Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes the Partial Refinancing of its $300 Million Securitization, Lowering the Cost of Financing

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 23, 2025 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“PSLF”) through PSLF’s wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC (“CLO VII”) has closed the partial refinancing of its $300 million debt securitization.

    The partial refinancing of this securitization (the “Debt”) impacted the following tranches:

    Class Par Amount
    ($ in millions)    		 Coupon Expected Rating
    (S&P)    		 Issuance Price
    B-R Loans $21,000,000 3 Mo SOFR + 1.95% AA 100.0%
    C-R Loans 24,000,000 3 Mo SOFR + 2.30% A 100.0%
    D-R Loans 18,000,000 3 Mo SOFR + 3.35% BBB- 100.0%
             

    “The partial refinancing of this PSLF securitization is a continued testament to the strength of the Company’s platform, and highlights our ability to take advantage of an attractive market to reprice our liabilities lower,” said Arthur Penn, Chief Executive Officer. “The partial refinancing of CLO VII is expected to result in a significant reduction in the Company’s and PSLF’s cost of capital, which should allow PSLF to continue to achieve attractive returns on invested capital. PennantPark currently manages approximately $4.0 billion in middle market assets in securitizations, and we look forward to continued growth.”

    PSLF will continue to retain the Subordinated Notes through a consolidated subsidiary. In addition, PSLF continues to act as retention holder in the transaction to retain exposure to the performance of the securitized assets. BNP Paribas acted as lead placement agent on the CLO transaction.

    The Debt offered as part of this securitization have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state “blue sky” laws, and may not be offered or sold in the United States absent registration under Section 5 of the Securities Act or an applicable exemption from such registration requirements. The CLO is a form of secured financing incurred and consolidated by PSLF. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the Debt in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    ABOUT PENNANTPARK INVESTMENT CORPORATION

    PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK SENIOR LOAN FUND, LLC

    PennantPark Senior Loan Fund, LLC, is a joint venture between PennantPark Investment Corporation and Pantheon Ventures (UK), LLP and primarily invests in U.S. middle market companies whose debt is rated below investment grade.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC (“PennantPark”) is a leading middle market credit platform, managing approximately $10 billion of investable capital, including available leverage. Since its inception in 2007, PennantPark has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark is headquartered in Miami, and has offices in New York, Chicago, Houston, Los Angeles Amsterdam and Zurich.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Investment Corporation files under the Exchange Act.  All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Investment Corporation
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI: PennantPark Investment Corporation’s Unconsolidated Joint Venture, PennantPark Senior Loan Fund, LLC Completes the Partial Refinancing of its $300 Million Securitization, Lowering the Cost of Financing

    Source: GlobeNewswire (MIL-OSI)

    MIAMI, July 23, 2025 (GLOBE NEWSWIRE) — PennantPark Investment Corporation (the “Company”) (NYSE: PNNT) today announced that PennantPark Senior Loan Fund, LLC (“PSLF”) through PSLF’s wholly-owned and consolidated subsidiary, PennantPark CLO VII, LLC (“CLO VII”) has closed the partial refinancing of its $300 million debt securitization.

    The partial refinancing of this securitization (the “Debt”) impacted the following tranches:

    Class Par Amount
    ($ in millions)    		 Coupon Expected Rating
    (S&P)    		 Issuance Price
    B-R Loans $21,000,000 3 Mo SOFR + 1.95% AA 100.0%
    C-R Loans 24,000,000 3 Mo SOFR + 2.30% A 100.0%
    D-R Loans 18,000,000 3 Mo SOFR + 3.35% BBB- 100.0%
             

    “The partial refinancing of this PSLF securitization is a continued testament to the strength of the Company’s platform, and highlights our ability to take advantage of an attractive market to reprice our liabilities lower,” said Arthur Penn, Chief Executive Officer. “The partial refinancing of CLO VII is expected to result in a significant reduction in the Company’s and PSLF’s cost of capital, which should allow PSLF to continue to achieve attractive returns on invested capital. PennantPark currently manages approximately $4.0 billion in middle market assets in securitizations, and we look forward to continued growth.”

    PSLF will continue to retain the Subordinated Notes through a consolidated subsidiary. In addition, PSLF continues to act as retention holder in the transaction to retain exposure to the performance of the securitized assets. BNP Paribas acted as lead placement agent on the CLO transaction.

    The Debt offered as part of this securitization have not been and will not be registered under the Securities Act of 1933, as amended (the “Securities Act”), or any state “blue sky” laws, and may not be offered or sold in the United States absent registration under Section 5 of the Securities Act or an applicable exemption from such registration requirements. The CLO is a form of secured financing incurred and consolidated by PSLF. This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of the Debt in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    ABOUT PENNANTPARK INVESTMENT CORPORATION

    PennantPark Investment Corporation is a business development company which primarily invests in U.S. middle market private companies in the form of first lien secured debt, second lien secured debt, subordinated debt and equity investments. PennantPark Investment Corporation is managed by PennantPark Investment Advisers, LLC.

    ABOUT PENNANTPARK SENIOR LOAN FUND, LLC

    PennantPark Senior Loan Fund, LLC, is a joint venture between PennantPark Investment Corporation and Pantheon Ventures (UK), LLP and primarily invests in U.S. middle market companies whose debt is rated below investment grade.

    ABOUT PENNANTPARK INVESTMENT ADVISERS, LLC

    PennantPark Investment Advisers, LLC (“PennantPark”) is a leading middle market credit platform, managing approximately $10 billion of investable capital, including available leverage. Since its inception in 2007, PennantPark has provided investors access to middle market credit by offering private equity firms and their portfolio companies as well as other middle market borrowers a comprehensive range of creative and flexible financing solutions. PennantPark is headquartered in Miami, and has offices in New York, Chicago, Houston, Los Angeles Amsterdam and Zurich.

    FORWARD-LOOKING STATEMENTS

    This press release may contain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. You should understand that under Section 27A(b)(2)(B) of the Securities Act and Section 21E(b)(2)(B) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 do not apply to forward-looking statements made in periodic reports PennantPark Investment Corporation files under the Exchange Act.  All statements other than statements of historical facts included in this press release are forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described from time to time in filings with the Securities and Exchange Commission. PennantPark Investment Corporation undertakes no duty to update any forward-looking statement made herein. You should not place undue influence on such forward-looking statements as such statements speak only as of the date on which they are made.

    CONTACT:
    Richard T. Allorto, Jr.
    PennantPark Investment Corporation
    (212) 905-1000
    www.pennantpark.com

    The MIL Network –

  • MIL-OSI Banking: Facilitator cites “strong engagement” in initial WTO reform consultations

    Source: WTO

    Headline: Facilitator cites “strong engagement” in initial WTO reform consultations

    Ambassador Ølberg, who was appointed by General Council Chair Ambassador Saqer Abdullah Almoqbel (Kingdom of Saudi Arabia) in early June to serve as facilitator for the reform discussions, noted that he has conducted two rounds of consultation involving nearly 100 members, with the discussion structured around three indicative tracks:

    governance (institutional issues)
    fairness (level playing field and balanced trade)
    “issues of our time”

    “What is already clear is this: across all three tracks, there is strong engagement, serious thinking, and a shared sense that reform is both necessary and urgent — even if views differ on the details,” the facilitator said.
    The “next phase of our work is about focus, discipline, and delivery,” he added. “From the consultations so far, one thing is clear — we have a wide range of perspectives … Our goal is not to solve every issue now. It’s to identify where ministers can add the guidance needed to move forward decisively after MC14.”
    At their 12th Ministerial Conference in 2022, WTO members agreed to undertake a comprehensive review of the WTO’s functions in order to ensure the organization is capable of responding more effectively to both the challenges facing the multilateral trading system and the opportunities provided by contemporary developments in global trade.
    Speaking after more than 60 members took the floor to react to the facilitator’s report, Director-General Ngozi Okonjo-Iweala said she was “encouraged with what I’m hearing.”
    “I agree with those who say that it’s somewhat existential for the organization to seize the opportunity to do this reform,” she said.  “It’s not unusual that views are initially divergent … that being said, there seems to be an unmistakable momentum.”
    A number of members noted the importance of dispute settlement reform, which is being addressed on a separate track. Addressing the General Council, Ambassador Almoqbel referred to his communication to members in early June stating that he and the Dispute Settlement Body (DSB) Chair, Ambassador Clare Kelly (New Zealand), would be closely monitoring the situation on dispute settlement reform and would revert to members at the appropriate time.
    Since that communication, the DSB Chair has been holding “low-key” conversations with members to “check the temperature,” Ambassador Almoqbel said, and these conversations are ongoing.
    Report of the Director-General
    Reporting to the General Council in her capacity as Chair of the Trade Negotiations Committee, Director-General Ngozi Okonjo-Iweala welcomed the submission of Argentina’s instrument of acceptance for the Agreement on Fisheries Subsidies. She noted that only five more acceptances are needed for the Agreement to enter into force, with several already in the pipeline.  She also noted the possibility of convening a special General Council meeting after the summer break to formally receive the additional instruments and mark the Agreement’s entry into force. 
    Regarding the negotiations on additional provisions to the Agreement, DG Okonjo-Iweala said she was encouraged by the strong support expressed by many members to move forward and conclude the negotiations. However, there was value in using the summer break to reflect on how best to advance the discussions, she said.
    The Director-General also invited members to use the summer break to reflect on how to collectively ensure movement on “the negotiating files”, including joint initiatives such as the Investment Facilitation for Development (IFD) Agreement.
    “We cannot have a jam on multilateral negotiations moving forward and a jam on plurilaterals,” DG Okonjo-Iweala said. Otherwise, members risk ending the year with nothing credible to take to the 14th Ministerial Conference (MC14) for consideration, she added. The world is “looking to the WTO, not as a source of stagnation or lack of action, but as a source of stability, predictability, a source of revitalization.”
    Twenty-four members took the floor after the Director-General’s intervention, some speaking on behalf of groups of members, highlighting their issues of interest. 
    Investment facilitation for development
    On the IFD initiative, members were once again unable to reach consensus on the request supported by 127 members to incorporate the IFD Agreement under Annex 4 of the Marrakesh Agreement establishing the WTO. This marked the ninth time the proposal has been submitted to members for adoption.
    Speaking on behalf of the 127 co-sponsors, the Republic of Korea underlined the urgent need to incorporate the Agreement into the WTO framework in order to help members attract investment, in particular for developing and least developed country members. The outlook for global foreign direct investment (FDI) in 2025 remains negative due to escalating trade tensions, geopolitical fragmentation and economic volatility, the Republic of Korea said. The IFD member parties believe that incorporating the Agreement into the WTO will reinforce the credibility and relevance of the organization.
    Three members reiterated their objections to incorporating the IFD Agreement into the WTO multilateral framework. They reiterated their openness to further discussions on the matter.
    Current trade tensions
    China once again introduced a proposal on supporting the multilateral trading system in the current situation. The proposal further elaborates on its “Stability, Development and Reform” (SDR) approach for the WTO, which calls for stability as the cornerstone, development as the priority, and reform as the pathway to support the multilateral trading system as it faces heightened trade turbulence. China said it stands ready to work with all members pragmatically and constructively to collectively safeguard and strengthen the rules-based multilateral trading system.
    Five members took the floor to respond to China’s intervention.
    Brazil introduced an agenda item on respecting the rules-based multilateral trading system. Brazil said the world was witnessing an unprecedented attack on the system and on the credibility of the WTO, with arbitrary tariffs disrupting global value chains and posing risks to the world economy. 
    Even more concerning is a dangerous shift towards the use of tariffs as a tool to interfere in the domestic affairs of third countries, Brazil said. It is essential that the WTO recover its role as a place where all countries can settle disputes and affirm legitimate interests through dialogue and negotiation, Brazil added.
    Fifteen members took the floor to react to Brazil’s statement. DG Okonjo-Iweala said the interventions underlined the importance of WTO reform and responding to the concerns expressed by members.
    Work Programme on Electronic Commerce – Report by the facilitator
    Ambassador Richard Brown (Jamaica), the facilitator for the WTO’s Work Programme on E-Commerce, reported on his recent consultations with members. He said that, overall, members overwhelmingly consider the work programme as an important aspect of the WTO engagement on e-commerce. They would like to see it preserved and made more effective, he added. 
    Ambassador Brown also noted that the “vast majority” of members support the extension of the WTO’s customs duties moratorium on electronic transmissions, with some preferring either longer periods for the moratorium or a permanent decision. At the same time, a few delegations continue to raise concerns related to revenue losses and policy space limitations, he added.
    Ministers at the 13th Ministerial Conference in 2024 agreed to maintain the moratorium until MC14 or 31 March 2026, whichever is earlier. Both the moratorium and the Work Programme are set to expire on that date. MC14 is scheduled for 26-29 March 2026.
    Transition support measures in favour of countries graduated from the LDC category
    Gambia, on behalf of the Group of Least Developed Countries (LDCs), introduced the group’s latest proposal regarding additional transition measures in favour of countries graduated from the LDC category. The measures are in recognition that the phasing-out of international support measures associated with LDC status can present challenges for graduating LDCs as they seek to integrate more fully into the global economy.
    Next meeting
    The next regular meeting of the General Council is tentatively scheduled for 6-7 October.

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    MIL OSI Global Banks –

  • MIL-OSI Security: New operation to uncover fake paintings supported by Eurojust

    Source: Eurojust

    Following a successful major operation in November 2024 to uncover fake paintings, Eurojust has supported the Italian authorities with a new action to retrieve over one hundred false artworks worldwide. In this recent operation, 104 forged paintings of Picasso, Edvard Munch and Paul Klee were seized and brought to Italy. Eurojust assisted with the execution of European Investigation Orders to Germany and Spain, in order to retrieve the fake artworks and prevent them from being sold in auctions.

    In 2022, the Italian Carabinieri’s specialised Command for the Protection of Cultural Heritage started investigations into a specific group of forgers, who counterfeited works of the three painters. The Italian-based culprits used a special graphic design program to print images of the originals on matrices. These were then printed on paper with falsified watermarks and copied signatures of the painters.

     

    To give the fakes a semblance of authenticity, the paper for the prints underwent artificial ageing treatments through coffee or tea baths. Accompanied by forged certificates of free circulation, in order to circumvent authenticity controls by experts, the counterfeited artworks were sent to auction houses outside Italy.

    The investigations by the Carabinieri Command prevented certain fakes from being sold in Germany and Spain, through auction houses. Without this intervention and the support of Eurojust, the forgers would have gained at least EUR 1 million. The Italian authorities requested the support of Eurojust last year, following the successful previous operation to uncover an estimated 2 000 fake paintings.

    The operations were carried out at the request of and by the following authorities:

    • Italy: Carabinieri – Command for the Protection of Cultural Heritage
    • Germany: Public Prosecutor’s Office Stuttgart
    • Spain: Investigative Court no. 9 of Barcelona; Mossos d’Esquadra – Central Brigade for Cultural Heritage

    MIL Security OSI –

  • MIL-OSI USA: USCIS Assists in Investigation Leading to Arrest of Haitian Engaged in Violence and Destabilization of Haiti

    Source: US Department of Homeland Security

    Headline: USCIS Assists in Investigation Leading to Arrest of Haitian Engaged in Violence and Destabilization of Haiti

    U.S. Citizenship and Immigration Services provided valuable assistance in the investigation that led to Immigration and Customs Enforcement arresting Pierre Reginald Boulus on July 17 for violating the Immigration and Nationality Act by contributing to the destabilization of Haiti.

    MIL OSI USA News –

  • MIL-OSI USA: Chairman Capito Opening Statement at Hearing to Consider Scarlett, Hall Nominations

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    [embedded content]

    To watch Chairman Capito’s opening statement, click here or the image above.

    WASHINGTON, D.C. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee, led a hearing on the nominations of Katherine Scarlett to be a Member of the Council on Environmental Quality (CEQ) and Jeffrey Hall to be an Assistant Administrator of the Environmental Protection Agency (EPA).

    Below is the opening statement of Chairman Shelley Moore Capito (R-W.Va.) as delivered.

    “At this hearing, we will consider the President’s nominations of Katherine Scarlett to serve as Chairman of the Council on Environmental Quality and Jeffrey Hall to serve as Assistant Administrator for the Office of Enforcement and Compliance Assurance at the Environmental Protection Agency. So, thank you both for your willingness to serve. I want to give a special welcome to Katherine’s family…her husband Brian and her parents are here today, so thank you for joining us. And I know Jeffery has his parents and his wife here with him today, so thank you all for coming and being supportive.

    “Established by the National Environmental Policy Act, also known as NEPA, the Council on Environmental Quality or CEQ as we call it, is part of the Executive Office of the President. The agency is primarily responsible for advising federal agencies on the implementation of NEPA, as well as developing and recommending environmental policies to the President.

    “Katherine is very well-qualified to lead CEQ. In her current role as CEQ’s chief of staff, Katherine has supported the efforts of federal agencies to implement the bipartisan Fiscal Responsibility Act and ensure compliance with recent court decisions as agencies update their individual NEPA regulations and procedures.

    “She also led efforts to modernize environmental review and permitting processes through President Trump’s Permitting Technology Action Plan, recently launching the ‘CE Explorer’ which allows for easy identification of the more than 2,000 categorical exclusions established by federal agencies.

    “During the time of the first Trump Administration, Katherine served in senior roles at CEQ and also at the Federal Permitting Improvement Steering Council. In the four years between her service in the executive branch, Katherine served on my staff here at EPW, playing a key role in shaping bipartisan provisions in the Infrastructure Investment and Jobs Act, Economic Development Reauthorization Act, and the America’s Conservation Enhancement Reauthorization Act, so thank you for that.

    “As my colleagues know, Ranking Member Whitehouse and I are diligently working on bipartisan legislation to reform the environmental review and permitting processes for all projects. I am hopeful that we can get a bill to the President’s desk for his signature. And when we do, I am confident that it will be implemented faithfully under Katherine’s leadership of CEQ.

    “Today, we will also hear from Jeffrey Hall, thank you Jeffery for being here, President Trump’s nominee to lead the EPA’s Office of Enforcement and Compliance Assurance. OECA works with EPA regional offices, in partnership with state governments, tribal governments, and other federal agencies to promote regulatory compliance and enforce the nation’s environmental laws and regulations.

    “The office targets the most serious water, air, and chemical pollution violations under laws such as the Clean Water Act, the Clean Air Act, CERCLA, and the Toxic Substances Control Act. In carrying out the EPA’s statutory authority, OECA must operate within the confines of our federal environmental laws, not invent novel violations to penalize regulated entities.

    “The previous administration placed an outsized emphasis on penalizing regulated entities, rather than working with good faith actors in the regulated community to ensure compliance. Mr. Hall will be tasked with striking the right balance between the agency’s efforts to encourage compliance with our environmental laws, and targeting the entities flaunting those laws to ensure Americans have clean air, clean water, and clean land.

    “Mr. Hall’s professional experience gives him the expertise to effectively lead this office. He has worked as a litigator, prosecutor, and legal advisor representing federal agencies, corporations, and individuals in a wide variety of litigation and in both civil and criminal enforcement procedures.

    “I look forward to hearing how Mr. Hall will navigate the Agency’s enforcement and compliance priorities today.”

    MIL OSI USA News –

  • MIL-OSI USA: Cotton, Colleagues Introduce Legislation to Provide Parental Leave and Compensation for Miscarriages and Stillbirths

    US Senate News:

    Source: United States Senator for Arkansas Tom Cotton

    Cotton, Colleagues Introduce Legislation to Provide Parental Leave and Compensation for Miscarriages and Stillbirths

    Washington, DC — Senators Tom Cotton (R-Arkansas), Kevin Cramer (R-North Dakota), Cindy Hyde-Smith (R-Mississippi), and Jim Risch (R-Idaho) today introduced the Helping with Equal Access to Leave and Investing in Needs for Grieving Mothers and Fathers Act, or HEALING Mothers and Fathers Act, to amend the Family and Medical Leave Act (FMLA) to include the spontaneous loss of an unborn child as a qualifying medical condition for FMLA leave. The bill would also establish a tax credit for a woman that suffers the loss of a child in the womb.

    “This bill will make sure families receive the resources they need to help recover from the unexpected loss of a child. No amount of money can replace such a loss, but the legislation will make sure parents have time to begin the recovery process,” said Senator Cotton.

    “It has taken policymakers too long to recognize that parents should be allowed time to heal following a miscarriage or stillbirth. The loss of a child is devastating and heartbreaking for families, and this legislation formally acknowledges their need for time following such a loss,” Senator Hyde-Smith said.

    The HEALING Mothers and Fathers Act mirrors a similar bill in Arkansas introduced by State Representative Les Eaves called Paisley’s Law, named in honor of his late granddaughter, Paisley.

    Bill text is here.

    The HEALING Mothers and Fathers Act would:

    • Amend the FMLA to include spontaneous loss of an unborn child as a qualified medical condition for FMLA leave and civil service employee leave.
      • Women and their spouses would be entitled to take up to 12 work weeks of unpaid leave in a 12-month period for loss of an unborn child.
      • Spontaneous loss of an unborn child is defined in the bill as ‘the loss of a child in the womb that is unplanned and not resulting from a purposeful act.’
      • All requirements related to certification, notice, flexibility and leave substitution are consistent with current standards for claiming FMLA leave.
    • Establish refundable tax credit for any mother, or couple, who suffers a stillbirth.
      • Stillbirth is defined as “the delivery of a child where there was a spontaneous death, not induced by any purposeful act, before the complete delivery from the child’s mother.”
      • A family would be eligible for the tax credit if a stillbirth certificate, under applicable state law, has been issued for the child.
      • These funds could not be used for any abortion procedure

    MIL OSI USA News –

  • MIL-OSI USA: NEWS: Senate Committee to Hold Hearing on Employee Ownership Highlighting Success of Vermont’s King Arthur Baking Company

    US Senate News:

    Source: United States Senator for Vermont – Bernie Sanders
    WASHINGTON, July 23 — Sen. Bernie Sanders (I-Vt.), Ranking Member of the Senate Committee on Health, Education, Labor, and Pensions (HELP), announced that tomorrow at 10 a.m., the HELP Committee will hold a bipartisan hearing on the need to expand employee ownership in Vermont and throughout the country. Testifying at the hearing will be Brock Barton, the Chief Financial Officer of King Arthur Baking Company, a world famous employee-owned business headquartered in Norwich, Vermont, whom Sanders invited to testify.
    “I am delighted that Brock Barton with King Arthur Baking Company will be testifying in the HELP Committee to highlight the benefits of employee ownership at his company and the need to expand this concept throughout the country,” Sanders said. “King Arthur is not only an enormously successful baking company. What makes it so special is that it is directly owned by its employees, not some multi-billionaire on Wall Street. In my view, we should expand King Arthur’s worker-owned business model throughout the country. At a time of massive income and wealth inequality, when millions of workers are working longer hours for lower wages, we need to expand economic models that broadly benefit the working class, not just the top 1%. Employee ownership is one of those models. That is why I am proud to be introducing legislation to provide the financial resources workers need to purchase their own businesses through Employee Stock Ownership Plans (ESOPs) and worker-owned cooperatives.”
    At the hearing, Sanders will be introducing the Employee Ownership Financing Act, a sweeping legislative proposal that would help American workers buy the companies they work for — giving them a real stake in the profits they help create and a voice in decisions that impact their lives.
    Sanders’ legislation would expand broad-based employee ownership through ESOPs and worker cooperatives that are majority-owned by employees. Studies show that these businesses provide higher wages, better benefits, stronger job retention, and a more secure retirement. They are six times less likely to lay off employees, and companies that include some level of employee ownership are 20% less likely to go out of business than their non-ESOP counterparts. They also help reduce gender and racial wealth disparities — with one recent study finding that employee ownership could quadruple the share of wealth held by the bottom 50% of Americans.
    Despite these clear benefits, growth in employee ownership has stagnated — due in large part to workers’ lack of access to capital. Sanders’ bill would address that directly by creating a $500 million loan program at the Labor Department (DOL) to help workers finance the purchase of their companies.
    The Employee Ownership Financing Act would:
    Establish a $500 million loan fund to help workers purchase companies through ESOPs or worker cooperatives that are more than 51% employee-owned.
    Create a new Office of Employee Ownership at the DOL to administer the loan program and expand education about worker ownership nationwide.
    Amend the WARN Act to give employees the right of first refusal to buy closing business facilities, preventing mass layoffs and keeping jobs in local communities.
    Establish an Employee Ownership Advisory Council to support implementation and oversight.
    Ensure workplace democracy, diversified retirement investment options, fair company valuations, and independence from private equity ownership for all loan recipients.
    Vermont has one of the highest densities of employee-owned businesses in the country, including the most worker cooperatives in America. There are currently more than 40 employee-owned companies in Vermont that employ over 5,000 workers across the state.
    Nationally, there are more than 6,500 ESOPs across the United States, employing nearly 15 million Americans. The plans hold $1.8 trillion in assets. Yet as large corporations continue to outsource jobs and shut down plants, too many workers are left behind. Under Sanders’ proposal, workers would be empowered to purchase profitable facilities slated for closure and preserve good-paying, local jobs.
    “This is not a radical idea,” Sanders said. “It’s common sense. When workers own their companies, everybody wins. Productivity goes up, morale improves, communities stay strong, and economic inequality goes down. It’s time for us to give working people the tools they need to take back some control over their economic lives.”
    The bill builds on the bipartisan WORK Act, which Sanders helped lead to educate retiring small business owners and workers on the benefits of employee ownership. By codifying and expanding that work, the Employee Ownership Financing Act would mark the most significant federal investment in worker ownership in decades.
    Read the bill text here.
    Read a summary of the bill here.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: Immigration Department smashes a cross-boundary syndicate using false instruments to apply entry permits (with photos)

    Source: Hong Kong Government special administrative region – 4

    The Outside Investigation Section of the Immigration Department (ImmD) mounted an operation codenamed “ShadowNet” since April this year and successfully neutralized a cross-boundary syndicate using false instruments to apply entry permits under the Top Talent Pass Scheme (TTPS). A total of 18 persons were arrested, including the syndicate mastermind and its members.
     
    After in-depth investigation and intelligence analysis, the ImmD discovered Mainlanders who were suspected to use false instruments to apply entry permits under the TTPS, and afterwards a cross-boundary syndicate was successfully identified. The syndicate was suspected to arrange Mainlanders to obtain Hong Kong entry permits using false instruments including forged academic qualifications, employment proof, foreign visas and immigration stamps. The syndicate attempted to charge the applicants and their dependants by continuously offering follow-up services, such as producing false local employment and salary records, after they had arrived Hong Kong.
     
    Since April this year, five Hong Kong residents were arrested, including the mastermind and syndicate members, comprising four men and one woman, aged 42 to 56. In addition, 13 Mainlanders were arrested, including seven male and six female, aged from 27 to 47. The Mainlanders were suspected to have applied TTPS through the syndicate using false instruments. The syndicate mastermind and its core members were charged of “aiding, abetting, counselling or procuring the making of a false statement for the purpose of obtaining an entry permit”, while the arrested Mainlanders were charged of “causing to be made a false statement for the purpose of obtaining an entry permit”. 
     
    The syndicate had arranged at least 22 TTPS applications. For each application, including the initial fee and follow-up services, the syndicate could charge up to $2.5 million. The estimated transaction amount involved in the cases is about $55 million. The syndicate members were suspected to have used their personal and company bank accounts to carry out multiple dubious transactions. They were suspected to have committed the offence of “dealing with property known or believed to represent proceeds of an indictable offence” (commonly known as money laundering). The investigation is still ongoing, and more persons involved in the case may be arrested.
     
    The ImmD will continue to closely scrutinize every visa and entry permit applications and stepping up inspections. The ImmD will continue to take resolute enforcement action to relevant offences on using false instruments to obtain entry permits. Any applications suspected of violating the Immigration Ordinance will be referred for further investigation. Since June 2024, the ImmD requires all applicants of Categories B and C under the TTPS and the Quality Migrant Admission Scheme to submit verification proof of academic qualifications issued by designated third-party credential verification organisations or the awarding institutions.
     
    Under the laws of Hong Kong, any person who makes or causes to be made a false statement to an Immigration officer commits an offence. Offenders are liable to prosecution and to a maximum fine of $150,000 and imprisonment for 14 years. Furthermore, it is an offence to make, possess or use false instruments. Upon conviction, offenders are liable to a maximum penalty of 14 years’ imprisonment.
     
    ImmD reiterates that should any person be found to have obtained their entry permit or residence status in Hong Kong by fraudulent means, such an entry permit or residence status will be declared invalid according to the laws of Hong Kong and they will be subject to criminal liability. They will also be subject to removal back to their place of origin.
     
    ImmD reminds members of the public that money laundering is a serious offence. A person commits the offence of money laundering if he deals with any property, including money, which he knows or has reasonable grounds to believe to be proceeds of indictable offence. Offenders are liable upon conviction to the maximum penalty of a $5 million fine and 14-year imprisonment.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Ukrainian school in southwestern city of Chernivtsi reopens after major EU funded renovation

    Source: European Investment Bank

    EIB

    • School in Ukrainian city of Chernivtsi in southwestern Ukraine reopens after €930,000 renovation funded by EIB
    • Upgrades to Gymnasium No. 20 improve conditions for more than 400 students and teachers
    • Project covered by EIB’s €200 million Ukraine Early Recovery Programme

    A school in the southwestern Ukrainian city of Chernivtsi reopened today after major upgrades funded by the European Investment Bank (EIB). Gymnasium No. 20 – a primary and middle school – underwent a €930,000 renovation that improved conditions for more than 400 students and teachers.

    Among the students, who range in age from six to 15, are children who have been displaced by Russia’s full-scale invasion of Ukraine in 2022.   

    The works included equipping the school building with full thermal insulation, a new roof, energy‑efficient windows and doors and a heating system that better regulates indoor temperatures and reduces energy costs. In addition, a new ramp and repaired entrances facilitated access to the premises, particularly for more than 10 children with disabilities.

    “The EIB plays a key role in helping Ukrainian municipalities restore essential social infrastructure,” said EIB Vice-President Teresa Czerwińska, who oversees the bank’s operations in Ukraine. “The renovated school in Chernivtsi is a clear example of how our support brings safer and more inclusive spaces for children to learn and thrive, even in challenging times.”

    The upgrades to Gymnasium No. 20 were completed in six months under a €200 million EIB initiative called the Ukraine Early Recovery Programme. The programme is one of three joint European Union‑EIB recovery initiatives carried out with the Ukrainian Ministry for Development of Communities and Territories of Ukraine, the Ministry of Finance and local authorities in participating cities, with technical support from the United Nations Development Programme (UNDP).

    “Reopening this school is a clear sign that recovery is happening on the ground,” said Deputy Prime Minister for Restoration of Ukraine and Minister for Communities and Territories Development of Ukraine Oleksii Kuleba. “Together with our European partners, we are creating safer, more resilient communities for Ukrainians.”

    Chernivtsi Mayor Roman Klichuk echoed the point: “Thanks to our European partners, more than 400 children and staff now have a warm, safe and modern school that meets their needs.”

    In the Chernivtsi region, or oblast, the EIB is also funding two projects to repair administrative service centres and four projects to upgrade heating, water supply and sewage systems. These initiatives, as was the case with the renovation of Gymnasium No. 20, are being carried out in cooperation with the Chernivtsi Regional Military Administration and the Chernivtsi City Council.

    “Every renovated school – like the one in Chernivtsi – is a building block in Ukraine’s recovery,” said Stefan Schleuning, Head of Cooperation at the EU Delegation to Ukraine. “Together with the EIB, we are working hand in hand with communities across the country to help rebuild a stronger Ukraine.”

    “More renovations to facilities will follow to strengthen the region’s social infrastructure,” said Ruslan Zaparaniuk, head of the Chernivtsi Regional Military Administration.

    “Through our partnership with the EIB and local authorities, UNDP is helping Ukraine rebuild more strongly by ensuring recovery investments enhance community resilience and establish sustainable foundations for long-term development,” said UNDP Resident Representative in Ukraine Auke Lootsma. “Projects such as this school renovation in Chernivtsi embody this approach.”

    Background information

    The EIB in Ukraine 

    Present in Ukraine since 2007, the EIB has stepped up its financial support for the country’s resilience and modernisation since Russia’s full-scale invasion of Ukraine in 2022. Since then, the EIB has provided €3.6 billion in financing, with almost two-thirds already disbursed. Through its EU for Ukraine (EU4U) Initiative, coupled with its key role in implementing a dedicated window under Pillar 2 of the Ukraine Facility, the EIB is strongly committed to stepping up and accelerating its activities in line with the mandate given by EU leaders and in close cooperation with the European Commission, the European Parliament, Member States and international partners. 

    EIB recovery programmes in Ukraine

    The reconstruction of the gymnasium in Chernivtsi was carried out under the Ukraine Early Recovery Programme, one of three recovery initiatives supported by the European Investment Bank (EIB). As of July 2025, the EIB has provided €740 million through these programmes to support Ukraine’s recovery.  The funding helps the government to restore essential services in communities across the country – including schools, kindergartens, hospitals, housing, heating and water systems. These EIB-backed programmes are further supported by €15 million in EU grants to facilitate implementation. The Ministry for Development of Communities and Territories of Ukraine, in cooperation with the Ministry of Finance, coordinates and oversees programme implementation, while local authorities and self-governments are responsible for managing recovery sub-projects. The United Nations Development Programme (UNDP) in Ukraine provides technical assistance to local communities, supporting project implementation and ensuring independent monitoring for transparency and accountability. More information about the programmes is available here.

    Ukrainian school in southwestern city of Chernivtsi reopens after major EU funded renovation
    Ukrainian school in southwestern city of Chernivtsi reopens after major EU funded renovation
    ©EIB
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    Ukrainian school in southwestern city of Chernivtsi reopens after major EU funded renovation
    Ukrainian school in southwestern city of Chernivtsi reopens after major EU funded renovation
    ©EIB
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    MIL OSI Europe News –

  • MIL-OSI: Dividend Select 15 Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Dividend Select 15 Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.dividendselect15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividendselect15.com.

    Investor Relations: 1-877-478-2372
    Local: 416-304-4443
    dividendselect15.com
    info@quadravest.com 

    The MIL Network –

  • MIL-OSI: Bitcoin Swift Launches First Presale Stage as Demand Surges for $15 Launch Price

    Source: GlobeNewswire (MIL-OSI)

    LUXEMBOURG, July 23, 2025 (GLOBE NEWSWIRE) — The crypto space is no stranger to presale hype. But few launches have stirred excitement quite like Bitcoin Swift’s. With its initial stage priced at just $1 and a launch target of $15, the protocol has already begun attracting attention from investors looking for more than just speculation. What sets Bitcoin Swift apart isn’t just the price trajectory. It’s the blend of privacy, programmable rewards, and dual-layer consensus that has institutions and early adopters racing to get in.

    Consensus, Efficiency, and Real Yield in One Framework

    At its core, Bitcoin Swift combines the best of proven blockchain mechanisms with forward-thinking upgrades. The network operates on a hybrid Proof-of-Work and Proof-of-Stake model. PoW secures the system and mints new blocks, while PoS finalizes state changes and handles decentralized identity checkpoints. This dual structure helps BTC3 deliver scalable security while enabling faster decision-making through validator participation.

    But the highlight for miners and holders is the Proof-of-Yield model. It goes beyond standard emissions and instead evaluates real-time metrics like energy efficiency and miner contribution. A federated set of AI oracles handles the data intake. These agents monitor energy use, carbon impact, and governance participation to ensure that BTC3’s emissions aren’t just distributed, but earned. The system adjusts over time, responding to real-world performance and keeping rewards aligned with actual contribution. This approach stands out in an era where static reward models often fail to incentivize long-term sustainability.

    Stage One Price Action and Earning Structure

    Bitcoin Swift (BTC3) kicked off its presale with a strategy designed to reward action, not hesitation. Stage 1 buyers secured BTC3 at $1.00, locking in not only the lowest entry point but eligibility for early programmable mining rewards. Stage 2 will see the price increase to $2.00, with the full launch pegged at $15.00. Stage 1 current APY is 143%. This presale is gaining momentum fast because it isn’t just about buying tokens. Rewards begin distributing at the end of each presale stage, not after the token launches. It’s a system built to reward conviction, not just timing. With only 61 days until completion and ten rapidly climbing stages, the window for entry is brief and shrinking.

    Smart Contracts with Embedded AI

    Bitcoin Swift integrates AI deep within its architecture. WASM smart contracts are equipped with learning agents that adapt over time, making financial applications more responsive and dynamic. Governance benefits from AI too, with proposals pre-screened for risk before going to a community vote.

    Key AI and governance features of BTC3:

    • AI agents within WASM smart contracts that adapt to user behavior
    • AI-assisted proposal screening for governance decisions
    • Quadratic voting weighted by decentralized ID reputation
    • Prevents vote capture and reinforces trust in system upgrades
    • Audited by Spywolf and Solidproof and KYC verified for security and reliability

    Community interest is growing quickly for Bitcoin Swift, with Crypto Vlog explaining how BTC3 is pushing blockchain innovation beyond traditional models.

    BTC3U and Compliance-Grade Privacy

    Bitcoin Swift introduces BTC3U, a USD-pegged stablecoin fully backed by locked BTC3 tokens. The smart contracts maintain a collateral ratio above 150%, with liquidation triggers governed by AI oracles. The stablecoin is designed for privacy-first applications, protected by zero-knowledge audits and zk-transfer systems. Meanwhile, user identities are verified via zk-SNARKs and decentralized ID infrastructure. This setup enables institutions to verify compliance while preserving user anonymity, a key feature for widespread adoption.

    Security, Migration, and Deployment Timeline

    The current presale deployment runs on Solana for fast and low-cost access, but Bitcoin Swift plans to migrate to its blockchain in 2026 with a 1:1 trustless bridge. That’s when the protocol’s full features, including shielded ledgers and zk-based governance modules, will go live. According to the roadmap, this year will see rewards and AI engines begin operating, followed by private DeFi tools and governance in early 2026. You can follow development updates via the official Telegram.

    Bitcoin vs Bitcoin Swift: A Utility Shift

    Feature Bitcoin Bitcoin Swift (BTC3)
    Consensus Proof-of-Work Hybrid PoW + PoS with AI-enhanced governance
    Privacy Public ledger zk-SNARK layer and shielded transfers
    Smart Contracts Not supported WASM-based with learning agents
    Mining Static block reward Programmable Proof-of-Yield linked to real metrics
    Governance Non-existent Decentralized, DID-based quadratic voting
    Stablecoin None BTC3U, backed by BTC3 with AI-monitored overcollateralization

    Final Thoughts

    Bitcoin Swift is positioning itself as more than just a new blockchain. It’s a programmable, AI-driven protocol that introduces real utility to every stakeholder, whether they are miners, stakers, or builders. With one of the shortest presale timelines in the market and a $15 launch price driving urgency, the next few weeks may shape the future of how its is done.

    For more information on Bitcoin Swift:
    Website: https://bitcoinswift.com

    Contact:
    Luc Schaus
    support@bitcoinswift.com

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

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

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/636933ed-6abb-486e-9c1a-2ec60a05d4b1

    https://www.globenewswire.com/NewsRoom/AttachmentNg/57405136-1ff8-4af0-a184-ab3ae1b9c946

    https://www.globenewswire.com/NewsRoom/AttachmentNg/59cb3476-03d0-4e7e-b2a2-aa1b15b52a38

    The MIL Network –

  • MIL-OSI: TDb Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — TDb Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.tdbsplit.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.tdbsplit.com. 

    The MIL Network –

  • MIL-OSI: DIVIDEND 15 SPLIT CORP. II Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. II (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.dividend15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.dividend15.com info@quadravest.com
           

    The MIL Network –

  • MIL-OSI: M Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — M Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.m-split.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.m-split.com.

    Investor Relations: 1-877-478-2372  Local: 416-304-4443 www.m-split.com info@quadravest.com

    The MIL Network –

  • MIL-OSI USA: During Senate Judiciary Committee Hearing, Durbin Pushes Back Against Trump Administration’s Focus On Mass Deportation While Unauthorized Drone Usage Threatens National Security

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    July 22, 2025

    In today’s Senate Judiciary Committee hearing, Durbin called on the Trump Administration to focus on real threats to national security rather than mass deportation efforts

    WASHINGTON – U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, today questioned witnesses at a Senate Judiciary Committee hearing entitled “Securing the Skies: Law Enforcement, Drones, and Public Safety.” During his questioning, Durbin made clear that the Trump Administration should utilize its resources to address the serious threat of unauthorized drone usage, including at the U.S.-Mexico border and special events, rather than unilaterally focusing on the mass deportation of undocumented immigrants, many of whom do not have a criminal record.

     

    “If you determine there’s a malicious drone overhead at one of these events, what do you do to mitigate the threat?” Durbin asked Michael Torphy, Unit Chief and Supervisory Special Agent at the Federal Bureau of Investigation (FBI).

     

    Mr. Torphy explained that FBI and the Federal Aviation Administration (FAA) implement flight restrictions during special events and that some drone manufacturers will provide a software barrier based on the geo-fence created by federal agencies. Mr. Torphy noted that FBI uses two forms of mitigation – ground interception in which FBI teams and law enforcement make physical contact with the unauthorized drone pilot and using technical countermeasures in which FBI uses technology to disrupt the unauthorized drone’s signal.

     

    Durbin then asked Steven Willoughby, Director of the Counter-UAS Program Management Office at the Department of Homeland Security (DHS), about DHS plans to address the threat of unauthorized drones used by drug traffickers while Secretary Noem continues to put a larger emphasis on deporting undocumented immigrants without a criminal record.

    “Mr. Willoughby, part of your testimony suggests that in some ways we are fighting the last war when it comes to narcotics in this country, which is a scourge and kills so many innocent people. Of course, we are mindful that individuals transport these narcotics with the simplest forms of communication, transportation, trucks, and the like. But what you are suggesting is now they are flying these narcotics into this country. It’s an amazing number – 27,000 drones were detected in the last six months of 2024. You go through the various ways they are using to avoid detection in this situation. We just recently had a debate over a reconciliation bill, where we are investing billions, billions of dollars in detention facilities and new things that will be built at the border to deal with the human trafficking back-and-forth over the border. How much is it going to take for us to deal with the drone threat that you have outlined very specifically?” Durbin asked.

     

    Mr. Willoughby replied that transnational criminal organizations are moving operations to locations along the border where DHS operators cannot interdict drones. Mr. Willoughby noted that significant investment is needed to properly detect drones operating along the border.

     

    Durbin concluded by underscoring that DHS and FBI should be investing in resources to address unauthorized drone use rather than deport undocumented immigrants without a criminal record.

     

    “This seems like a big undertaking. I will just say for the record, now that we know of those who are being deported in the mass deportation policy of President Trump, eight percent have a criminal record, which means that 11 out of the 12 we are deporting do not have a criminal record. And yet we are going through all of the infrastructure necessary and process necessary to deport them. It seems to me that if we are going after real threats, current threats, and growing threats to the United States, we should divert some of this money from the mass deportation, which is only deporting people who overstayed a visitor visa for example, instead of focusing on what you have identified as a scary prospect, the 2,000 mile border that is vulnerable to these narcotics and other dangerous elements that are being sent into our country,” Durbin said.

     

    Video of Durbin’s questions in Committee is available here.

    Audio of Durbin’s questions in Committee is available here.

    Footage of Durbin’s questions in Committee is available here for TV Stations.

    -30-

    MIL OSI USA News –

  • MIL-OSI USA: REP LIEU INTRODUCES BIPARTISAN BILL TO STRENGTHEN CLEAN ENERGY INFRASTRUCTURE FOR US TERRITORIES

    Source: United States House of Representatives – Congressman Ted Lieu (33 District of California)

    WASHINGTON – Today, Congressman Ted W. Lieu (D-Los Angeles County) announced the reintroduction of the Renewable Energy for U.S. Territories Act, along with Congresswoman Stacey Plaskett (D-Virgin Islands), Congressman James Moylan (R-Guam), and Congressman Pablo Hernández (D-Puerto Rico). The bill creates an energy grant program for U.S. territories to strengthen and invest in renewable energy, energy efficiency, energy storage, smart grids and micro grids, and training for local residents. These grants would be awarded to non-profit organizations and the Department of Energy’s National Laboratories would be directed to offer technical assistance.

    “Extreme weather events are increasing in frequency and cost because of climate change,” said Congressman Lieu. “Climate change is here, and we need resilient infrastructure that can handle what is to come. Over the past decade, our U.S. territories have been devastated by some of the worst extreme weather events, exemplifying the consequences of critical infrastructure failure. I’m reintroducing this bipartisan bill with Congresswoman Plaskett, Congressman Moylan, and Congressman Hernández to strengthen our U.S. territories’ energy infrastructure and meet the urgency of the climate crisis.”

    “I am proud to co-lead this essential legislation with my colleagues,” said Congresswoman Plaskett. “Virgin Islanders experience the dangers of maintaining an aging energy infrastructure during hurricane season as threats mount and compound with each passing year. Years of underfunding have left our energy systems vulnerable, making the transition to resilient renewable energy not just an opportunity, but a necessity. The Renewable Energy for U.S. Territories Act would provide crucial resources to build hardened, clean energy infrastructure that can withstand increasingly severe storms. For island territories like ours, Puerto Rico and other U.S. territories and non-contiguous states, reliable renewable energy is not just about climate goals—it’s about economic survival and ensuring our communities have power when they need it most. Investing in this transition today protects our resources and resilience for future generations.”

    “Typhoon Mawar was a wake-up call for Guam. It exposed just how vulnerable our energy systems are, and how high the stakes can be when they fail,” said Congressman Moylan. “We need solutions that can withstand the next storm. That means building smarter, more resilient systems that keep the lights on when we need them most and investing in our workforce, so our people have the tools and training to operate and sustain them locally. I’m grateful to Congressman Lieu for his leadership, and proud to co-lead this bipartisan legislation that puts Guam and every U.S. territory on a path to stronger, cleaner, and more secure energy infrastructure.”

    “Puerto Rico has endured hurricanes, floods, and chronic blackouts that leave too many, especially in rural areas, in the dark,” said Congressman Hernández. “We need power infrastructure that is resilient, stable, and reliable for our homes, hospitals, schools, and businesses. This bill moves us beyond short-term fixes and toward lasting solutions that are clean and locally driven. I’m proud to co-lead this bipartisan effort to ensure that Puerto Rico has the infrastructure, training, and tools to build an energy system that truly serves our communities.”

    ###

    MIL OSI USA News –

  • MIL-OSI: Dividend 15 Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.dividend15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com. 

    The MIL Network –

  • MIL-OSI: Dividend 15 Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Dividend 15 Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.dividend15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.dividend15.com. 

    The MIL Network –

  • MIL-OSI: US Financial 15 Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — US Financial 15 Split Corp (“the Company”) (TSX: FTU) (TSX: FTU.PR.B) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

    Investor Relations: 1-877-478-2372       Local: 416-304-4443       www.financial15.com       info@quadravest.com
                 

    The MIL Network –

  • MIL-OSI: Canadian Life Companies Split Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Canadian Life Companies Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.lifesplit.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.lifesplit.com.

    The MIL Network –

  • MIL-OSI: NORTH AMERICAN FINANCIAL 15 SPLIT CORP. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — North American Financial 15 Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com
           

    The MIL Network –

  • MIL-OSI: Canadian Banc Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Canadian Banc Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.canadianbanc.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.canadianbanc.com. 

    The MIL Network –

  • MIL-OSI: Prime Dividend Corp. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Prime Dividend Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.primedividend.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.primedividend.com.

    The MIL Network –

  • MIL-OSI: QFSCOIN Launches the Most Profitable Platform for Yielding Crypto in 2025, Designed for Global Investors to Earn BTC, LTC, and DOGE coin

    Source: GlobeNewswire (MIL-OSI)

    New York City, NY, July 23, 2025 (GLOBE NEWSWIRE) —  Dogecoin (DOGE) is making headlines again, this time, not just for memes and social media hype. Recent on-chain data reveals that whales, the largest investors in the market, are quietly accumulating DOGE. If you want to catch this wave, QFSCOIN offers a seamless solution. With QFSCOIN, users can generate returns from Dogecoin, Bitcoin, and Litecoin directly, without needing any hardware. Daily payouts are automated, and it’s never been easier to start building your crypto income.

    What On-Chain Data Tells Us About Dogecoin Whales
    In crypto markets, whales, large holders of a particular coin, often signal future price movement. Blockchain analytics indicate that whale activity surrounding Dogecoin has steadily increased in recent weeks. These major investors have continued expanding their holdings, suggesting strong confidence in DOGE’s long-term potential.
    When large accumulations occur, it often points to upcoming demand spikes or positive catalysts. This behavior can reduce supply and elevate prices, giving early participants an edge before broader market awareness sets in.

    Why Earn Dogecoin with QFSCOIN Right Now?
    Instead of purchasing DOGE at elevated prices, earning it through QFSCOIN provides a cost-effective and scalable alternative. Since 2019, QFSCOIN, founded in the U.S., has become a leading platform for automated crypto income. It operates secure data centers across the U.S., Canada, Norway, and Iceland, leveraging state-of-the-art technology for performance and efficiency.
    QFSCOIN is fully regulated by U.S. financial authorities, offering peace of mind to users worldwide.

    What Makes QFSCOIN Stand Out?

    • Multi-Coin Support: Generate returns from Bitcoin, Dogecoin, and Litecoin to diversify your crypto holdings.
    • Free Starter Plan: New users receive a $30 bonus and can activate a free 1-day plan immediately.
    • Daily Rewards: Automated payouts are credited to your account every 24 hours.
    • No Equipment Needed: No expensive gear, maintenance, or technical setup.
    • AI-Driven Optimization: Smart algorithms enhance performance and manage risk effectively.
    • Top-Tier Security: SSL encryption and DDoS protection keep your data and funds secure.
    • 24/7 Support: Friendly assistance is available anytime.
    • Referral Program: Earn up to 3% commission by inviting others.

    Flexible Crypto Earning Plans for All Investors
    QFSCOIN offers a wide selection of plans tailored to different investment levels. Here’s a quick overview:

    Plan Value Duration Total Return Interest Rate
    $30 (Free Bonus) 1 Day $30 + $0.90 3.00%
    $100 2 Days $100 + $5 2.50%
    $300 2 Days $300 + $19.20 3.20%
    $1,200 3 Days $1,200 + $144 4.00%
    $3,500 3 Days $3,500 + $630 6.00%
    $10,000 6 Days $10,000 + $5,400 9.00%

    These plans make crypto income accessible to everyone, from cautious beginners to experienced investors. With daily payouts and compounding potential, you can grow your portfolio quickly as DOGE gains traction.

    Why You Should Start Now
    When whales accumulate, demand rises, and so do costs. Earning DOGE may become less efficient or more expensive in the near future. QFSCOIN removes common barriers like electricity bills, cooling systems, or device failures. However, as market demand increases, so might plan rates or difficulty levels. Starting now allows you to secure current pricing and benefit from any upcoming price momentum.

    How to Get Started with QFSCOIN
    Step 1: Choose a Trusted Platform
    QFSCOIN is known for its simple interface, full regulation, and accessible approach. No technical knowledge is needed.
    Step 2: Sign Up
    Register on the QFSCOIN website with your email. New users receive a $30 bonus to activate their first plan, no setup required.
    Step 3: Select a Plan
    Choose the one that fits your budget. You can begin with the free starter or upgrade to premium plans for higher returns.
    Step 4: Start Earning
    Once your plan is active, your DOGE balance grows with automatic daily payouts.

    Final Thoughts
    With whale activity accelerating, Dogecoin could be headed for its next surge. Rather than chasing high prices, QFSCOIN offers a smarter path—earn DOGE passively through a secure, user-friendly, and fully automated platform.
    Whether you’re targeting DOGE, BTC, or LTC, QFSCOIN’s combination of strong regulation, advanced AI optimization, and flexible plans makes it the top crypto earning solution in 2025.

    Don’t wait for the next rally, position yourself now with QFSCOIN.
    Website: https://qfscoin.com
    Twitter: https://x.com/qfscoin
    YouTube: https://www.youtube.com/@qfscoin
    Email: info@qfscoin.com

    Attachment

    The MIL Network –

  • MIL-OSI: New Commerce Split Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — New Commerce Split (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.commercesplit.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.commercesplit.com.

    The MIL Network –

  • MIL-OSI Security: Bon Air Man Pleads Guilty to Involvement in Drug Trafficking Conspiracy

    Source: US FBI

    PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to fentanyl and cocaine trafficking, Acting United States Attorney Troy Rivetti announced today.

    DeVaughn Faulk, 28, of the Bon Air neighborhood of Pittsburgh, pleaded guilty before United States District Judge Marilyn J. Horan to conspiracy to distribute and possession with the intent to distribute quantities of fentanyl and cocaine.

    In connection with the guilty plea, the Court was advised that, between March 2024 and July 2024, Faulk participated in a conspiracy to distribute fentanyl and cocaine, both Schedule II controlled substances, by functioning as a redistributor of street-level amounts of both substances.

    Judge Horan scheduled sentencing for November 12, 2025. The law provides for a total sentence of up to 20 years in prison, a fine of up to $1 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.

    Pending sentencing, Faulk will remain in custody.

    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 Faulk.

    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: Bon Air Man Pleads Guilty to Involvement in Drug Trafficking Conspiracy

    Source: US FBI

    PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, pleaded guilty in federal court to fentanyl and cocaine trafficking, Acting United States Attorney Troy Rivetti announced today.

    DeVaughn Faulk, 28, of the Bon Air neighborhood of Pittsburgh, pleaded guilty before United States District Judge Marilyn J. Horan to conspiracy to distribute and possession with the intent to distribute quantities of fentanyl and cocaine.

    In connection with the guilty plea, the Court was advised that, between March 2024 and July 2024, Faulk participated in a conspiracy to distribute fentanyl and cocaine, both Schedule II controlled substances, by functioning as a redistributor of street-level amounts of both substances.

    Judge Horan scheduled sentencing for November 12, 2025. The law provides for a total sentence of up to 20 years in prison, a fine of up to $1 million, or both. Under the federal Sentencing Guidelines, the actual sentence imposed is based upon the seriousness of the offenses and the prior criminal history, if any, of the defendant.

    Pending sentencing, Faulk will remain in custody.

    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 Faulk.

    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: FINANCIAL 15 SPLIT CORP. Financial Results to May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 23, 2025 (GLOBE NEWSWIRE) — Financial 15 Split Corp. (“the Company”) announces that its semi-annual financial statements and management report of fund performance for the six months ended May 31, 2025 are now available on the Company’s website at www.financial15.com and at www.sedarplus.com.

    For further information, please contact Investor Relations at 416-304-4443, toll free at 1-877-4-Quadra (1-877-478-2372), or visit www.financial15.com.

    Investor Relations: 1-877-478-2372 Local: 416-304-4443 www.financial15.com info@quadravest.com
           

    The MIL Network –