NewzIntel.com

Category: Finance

  • MIL-OSI Security: Federal Charges Filed After Deadly Shooting of Israeli Diplomats in D.C.

    Source: Office of United States Attorneys

                WASHINGTON – Elias Rodriguez, 31, of Chicago, has been charged with federal and local murder offenses in connection with the fatal shooting of two Israeli Embassy staff members outside the Jewish National Museum in Washington, D.C., on May 21, 2025.

                Rodriguez is charged in U.S. District Court for the District of Columbia with the murder of foreign officials, causing death through the use of a firearm, and discharging a firearm during a crime of violence. He is also charged with two counts of first-degree murder under the D.C. criminal code.

                The charges were announced by U.S. Attorney Jeanine Ferris Pirro, FBI Assistant Director in Charge Steven J. Jensen, and Metropolitan Police Department Chief Pamela A. Smith.

                “This brutal, anti-Semitic violence has no place in our country or anywhere in civilization,” said Attorney General Pamela Bondi. “We will follow the facts and secure the most severe possible punishment for the perpetrator of this heinous crime, which robbed two wonderful young people of a bright future together.”

                “Our community is reeling. Because of one person’s actions, two families are left to grieve for dreams that will never be realized,” said U.S. Attorney Pirro. “Violence of any kind is unacceptable. Senseless acts that take innocent lives are intolerable. We will hold accountable anyone who inflicts harm on our families, our neighbors, the citizens of our nation, or the visitors to our great capital city. We are united in that purpose, and we hold strong against those whose reckless actions claim as victim any part of our community.”

                “This Civil Rights Division is aggressively pursuing every avenue to investigate this crime,” said Assistant Attorney General for the Civil Rights Division Harmeet Dhillon.” Let me be clear: hateful violence against Jewish Americans will be met with the full force of the Justice Department. We are expanding enforcement, increasing our outreach, and holding perpetrators accountable wherever they act.”

                “Make no mistake: This attack was targeted, antisemitic violence,” said Assistant Director in Charge Jensen. “The FBI will continue to pursue all leads and use all available resources to investigate this heinous murder.”

                “We continue to work closely with our federal partners and want to assure our community that the safety of all residents and visitors remains our top priority,” said Chief of Police Pamela A. Smith. “Out of an abundance of caution we are increasing our presence at religious institutions citywide.”

                According to the affidavit in support of the criminal complaint, Rodriguez allegedly opened fire on the victims as they were leaving an event hosted by the American Jewish Committee, which brought together Jewish professionals and members of the diplomatic community. Both victims were employed by the Israeli Embassy. One was an Israeli citizen and an official guest of the U.S. government.

                Surveillance footage reportedly shows Rodriguez walking past the victims before turning and firing multiple rounds. After the victims fell, he allegedly continued firing at close range, including as one attempted to crawl away. Investigators recovered a 9mm handgun and 21 spent shell casings at the scene.

                Rodriguez entered the Museum after he committed the murders. Witnesses and surveillance video reportedly confirmed his involvement. He had flown from Chicago to Washington the day prior with the firearm declared in his checked luggage.

                The case is being investigated by the FBI’s Washington Field Office and the Metropolitan Police Department. It is being prosecuted by the United States Attorney’s Office for the District of Columbia with assistance from the Civil Rights Division of the Department of Justice.

                A criminal complaint is merely an allegation. All defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI –

  • MIL-OSI Security: Sacramento Man Indicted Twice in Four Months for Firearms and Controlled Substance Offenses

    Source: Office of United States Attorneys

    A federal grand jury returned a three-count indictment today against Gabriel Erasmo Cabrera, 22, of Sacramento, charging him with being a felon in possession of a firearm and ammunition and possessing a controlled substance with intent to distribute, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, Cabrera was originally indicted on Feb. 6, 2025, for two counts of being a felon in possession of a firearm. The second indictment now charges that on March 28, 2025, Cabrera was in possession of fentanyl, a semiautomatic Sig Sauer handgun, and .45‑caliber ammunition. Cabrera is prohibited from possessing firearms or ammunition due to multiple felony convictions for sale of a controlled substance, infliction of corporal injury on a spouse, and willfully discharging a firearm with gross negligence.

    This case is the product of an investigation by the Federal Bureau of Investigation. Assistant U.S. Attorneys Douglas Harman and Justin Lee are prosecuting the case.

    If convicted of being a felon in possession of a firearm or ammunition, Cabrera faces a maximum statutory penalty of 15 years in prison and a $$250,000 fine for each count. If convicted of possession with intent to distribute fentanyl, he faces a maximum sentence of 20 years in prison and a fine of up to $1 million. Any sentence, however, would be determined at the discretion of the court after consideration of any applicable statutory factors and the Federal Sentencing Guidelines, which take into account a number of variables. The charges are only allegations; the defendant is presumed innocent until and unless proven guilty beyond a reasonable doubt.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone. On May 26, 2021, the U.S. Department of Justice launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    MIL Security OSI –

  • MIL-OSI Security: Maryland Man Sentenced for Drug Trafficking in Eastern Panhandle

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    CLARKSBURG, WEST VIRGINIA – Juan Manuel De La Rosa-Tejeda, also known as “Little Papi,” age 39, of Hagerstown, Maryland, was sentenced to 121 months in federal prison for cocaine distribution.

    According to court documents and statements made in court, De La Rosa-Tejeda was one of the leaders of the drug trafficking conspiracy, selling large quantities of fentanyl, heroin, and cocaine in Berkeley County and using a business in Hagerstown, Top 3 Sources Appliances, as a central hub for the drug sales. De La Rosa-Tejeda’s home was searched, and officers found $121,670. A search of Top 3 Sources yielded nearly nine kilograms of cocaine and more than one kilogram of heroin.

    Assistant U.S. Attorney Lara Omps-Botteicher prosecuted the case on behalf of the government.

    The FBI; the U.S. Marshals Service; Homeland Security Investigations; the Bureau of Alcohol, Tobacco, Firearms and Explosives; the Drug Enforcement Administration; the West Virginia Air National Guard; the Eastern Panhandle Drug Task Force, a HIDTA-funded initiative (agencies included are the West Virginia State Police, Berkeley County Sheriff’s Department, Jefferson County Sheriff’s Department, Ranson Police Department, Charles Town Police Department, and Martinsburg City Police Department); West Virginia State Police; U.S. Customs and Border Protection; the Hagerstown Police Department; the National Resources Police Department; FBI-New York Safe Streets Task Force; the New York Police Department; the New Jersey State Police; the Washington County (Maryland) Drug Task Force; the Maryland State Police; the  U.S. Attorney’s Office for the District of Maryland;  and the U.S. Attorney’s Office for the Middle District of Pennsylvania investigated.

    Chief U.S. District Judge Thomas S. Kleeh presided.

    MIL Security OSI –

  • MIL-OSI Security: New Orleans Man Sentenced For Drug Trafficking and Machinegun Crimes

    Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)

    NEW ORLEANS, LOUISIANA –TIERON PRICE (“PRICE”), age 22, was sentenced on May 20, 2025 U.S. District Judge Darrel J. Papillion to 106 months in prison followed by five years of supervised release, and a $400 mandatory special assessment fee, after previously pleading guilty to two counts of possessing a machinegun, in violation of 18 U.S.C. §§ 922(o) and 924(a)(2); possession with intent to distribute tapentadol, in violation of 21 U.S.C. §§ 841(a)(1) and 841(b)(1)(C); and possession of a firearm in furtherance of a drug trafficking crime, in violation of 18 U.S.C. § 924(c)(1)(A)(i).

    According to court documents, on May 22, 2023, PRICE was driving a stolen vehicle in New Orleans.  When Louisiana State Police troopers attempted to pull him over, PRICE  led troopers on a seven-minute car chase, during which PRICE ran several red lights, disregarded stop signs, and drove the wrong way on one-way streets at high speeds.  The chase ended when PRICE struck a vehicle stopped at a red light.  PRICE and two other occupants fled but were caught.  Inside a backpack carried by one of the other occupants, there was a Glock Model 17, nine-millimeter caliber pistol, equipped with a Glock auto-sear, making the firearm a fully-automatic machinegun.  The machinegun had a bullet in the chamber and was loaded with an extended magazine containing 23 rounds of ammunition.  PRICE’s DNA was on the firearm and he later admitted ownership.

    PRICE was arrested after the car chase but subsequently released on bond.  On January 19, 2024,  New Orleans Police Department detectives executed a search warrant at PRICE’s residence in connection with an auto theft investigation.  During the search, officers found a Glock Model 19, nine-millimeter caliber pistol, a black Glock auto-sear hidden in a baby bassinet, and a drum magazine loaded with 49 rounds.  PRICE had been observed on a social media app the day before the search with the same gun equipped with the auto-sear, and the drum magazine attached.  During the search officers also found over $6,000 in cash and 95 tapentadol pills that PRICE intended to distribute.

    This case is part of Project Safe Neighborhoods (PSN), a program bringing together all levels of law enforcement and the communities they serve to reduce violent crime and gun violence, and to make our neighborhoods safer for everyone.  On May 26, 2021, the Department launched a violent crime reduction strategy strengthening PSN based on these core principles: fostering trust and legitimacy in our communities, supporting community-based organizations that help prevent violence from occurring in the first place, setting focused and strategic enforcement priorities, and measuring the results.

    The case was investigated by Federal Bureau of Investigation, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, the Louisiana State Police, and the New Orleans Police Department.  It is being prosecuted by Assistant United States Attorney David Berman of the Violent Crime Unit.

    MIL Security OSI –

  • MIL-OSI USA: Governor Stein Announces Industrial Manufacturer Will Create More Than 325 Jobs in Charlotte

    Source: US State of North Carolina

    Headline: Governor Stein Announces Industrial Manufacturer Will Create More Than 325 Jobs in Charlotte

    Governor Stein Announces Industrial Manufacturer Will Create More Than 325 Jobs in Charlotte
    lsaito

    Raleigh, NC

    Today Governor Josh Stein announced that AVL Manufacturing (AVL USA, Inc.) will establish a new production facility in Charlotte to build enclosures for industrial power generators, creating more than 325 jobs. The company will invest $56 million in Mecklenburg County.

    “North Carolina’s reputation for advanced manufacturing continues to attract great companies like AVL Manufacturing to our state,” said Governor Josh Stein. “With the largest manufacturing workforce in the southeast and excellent community colleges, North Carolina is home to the resources that world-class companies depend on.” 

    AVL USA, Inc. is a new company established by AVL Manufacturing, a Canadian company with headquarters in Hamilton, Ontario. AVL specializes in the manufacture of custom industrial enclosures for large format standby power generators. The company’s products find use in a wide variety of applications, such as supplying backup power to large and hyper-scale data centers. The company’s project in Charlotte will establish a manufacturing operation in the United States to produce and assemble generator enclosures for power redundancy. The large metal casings include electric inputs, switchgear, and enclosures required for data center servers and equipment. In addition to data center power generation, AVL’s products find use in several other industries, such as the automotive, automation, construction, and emergency management sectors.

    “After considering many markets, we are thrilled that AVL’s entrance into the U.S. market is in Charlotte, a vibrant, tech-forward city perfect for us to lay down roots,” said Vince Dicristofaro, president, AVL. “We didn’t just choose a location; we chose a community. Charlotte’s spirit of collaboration and its talented workforce made it the clear choice for our American-based home. We are excited to tap into this talent pool as we establish our state-of-the-art manufacturing facility and create meaningful careers for the residents of this city and deliver unparalleled products to our customers.” 

    “Investments from international companies are an important part of the state’s economy,” said Commerce Secretary Lee Lilley. “It’s great to see the confidence AVL and its parent company have placed in North Carolina by establishing their first U.S.-based location in Charlotte. Our team will work hard to help them succeed in our state.”

    A performance-based grant of $100,000 from the One North Carolina Fund to AVL USA, Inc. will help facilitate the company’s project into Mecklenburg County, based on the creation of 122 jobs tied to the grant. The OneNC Fund provides financial assistance to local governments to help attract economic investment and to create jobs. Companies receive no money upfront and must meet job creation and capital investment targets to qualify for payment. All OneNC grants require a matching grant from local governments, and any award is contingent upon that condition being met.

    Although wages for the 122 grant-tied jobs will vary depending on the position, the average salary for those new jobs will be $90,088. The current average wage in Mecklenburg County is $86,830.                      

    “We welcome AVL to Charlotte and Mecklenburg County, where they will join a growing list of businesses moving to the area that have found the key ingredients to reach the next level of growth and success for their companies,” said Representative Terry Brown, Jr. “These new jobs and the company’s capital investment will also bring greater economic success to our community. AVL’s decision only highlights the fact that Steele Creek is becoming the economic engine for our region.” 

    “Economic development takes a collaborative effort from state, regional, and local partners,” said Senator DeAndrea Salvador. “I applaud the behind-the-scenes work from the many groups that supported AVL during its search for a U.S. location. Companies recognize and reward North Carolina’s collaborative approach, as today’s news demonstrates.”

    Partnering with the North Carolina Department of Commerce and the Economic Development Partnership of North Carolina on this project were the North Carolina General Assembly, the North Carolina Community College System, the Commerce Department’s Division of Workforce Solutions, Mecklenburg County, and the City of Charlotte. 

    May 22, 2025

    MIL OSI USA News –

  • MIL-OSI Security: Global Operation Targets Darknet Drug Trafficking

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

    The April 9 search and arrest of four subjects—led by the FBI’s Joint Criminal Opioid and Darknet Enforcement (JCODE) team and carried out by FBI Los Angeles and the Drug Enforcement Agency (DEA)—was part of a coordinated operation across four continents that has seized more than $200 million in currency and digital assets and over 1,500 kilograms of drugs, including fentanyl.

    In Operation RapTor, participating law enforcement agencies in the U.S., Europe, South America, and Asia arrested 270 darknet vendors, buyers, and administrators. (The darknet is a portion of the internet that is not indexed by traditional search engines and is only accessible through specialized software.) The results of the operation were announced today. 

    More than 144 kilograms (approximately 317 pounds) of fentanyl or fentanyl-laced narcotics were seized in this year’s operation, which included arrests in Austria, Brazil, France, Germany, the Netherlands, South Korea, Spain, Switzerland, the United Kingdom, and the U.S. Just one kilogram of fentanyl has the potential to kill 500,000 people, according to the DEA. The Centers for Disease Control and Prevention (CDC) says synthetic opioids like fentanyl are the primary driver of overdose deaths in the U.S. 

    The FBI, which established JCODE in 2018 to target drug trafficking—particularly of fentanyl and other opioids—on the darknet, has coordinated global law enforcement operations like RapTor every year since the initiative’s inception.

    “By cowardly hiding online, these traffickers have wreaked havoc across our country and directly fueled the fentanyl crisis and gun violence impacting our American communities and neighborhoods,” said FBI Director Kash Patel. “But the ease and accessibility of their crimes ends today.”

    MIL Security OSI –

  • MIL-Evening Report: NZ Budget 2025: funding growth at the expense of pay equity for women could cost National in the long run

    Source: The Conversation (Au and NZ) – By Jennifer Curtin, Professor of Politics and Policy, University of Auckland, Waipapa Taumata Rau

    Pay equity protest outside parliament on budget day, May 22 2025. Getty Images

    In 1936, when the National Party was created through a merger of the United and Reform parties, there was a recognition among the power brokers that attracting women’s votes was crucial.

    National’s women’s organisations were integral to mobilising support. Throughout the 1940s, the party’s publicity material promised the women of New Zealand a happy family life. This was a consistent approach over the next 20 years, and National was rewarded with the women’s vote.

    Intermittent research on gender differences in vote choice between 1963 and 1993 indicate women made up between 45% and 51% of National’s support compared to 36% and 43% of Labour’s support.

    After 1996, this trend became less consistent. The New Zealand Election Study indicates a decreasing share of the women’s vote going to National, and fluctuations in vote choice among both women and men.

    Given the advent of proportional representation, some volatility may be expected. But there are also some constants. There is evidence women are more likely than men to support government spending on social policy, and they are significantly less likely than men to vote for National’s coalition partners NZ First and ACT.

    Now, with Budget 2025 – in particular its reliance on funds that would otherwise have gone towards settling pay equity claims – National’s historical success at attracting the women’s vote may be under threat.

    Growth before pay equity

    The budget represents a ruthless determination to deliver economic growth, including through its centrepiece “Investment Boost” tax breaks for businesses investing in productive assets.

    There is additional funding for health, defence, education and disability services, and the establishment of a social investment fund, and the budget left national superannuation untouched (for the remainder of this coalition government’s term, at least).

    It focused instead on KiwiSaver. Contributions from employers and employees will increase from 3% to 4%, while the government contribution will be halved for those earning under NZ$180,000 and cancelled for those earning over this amount.

    In summary, the new operational spend comes to $6.7 billion while savings, reprioritised spending and revenue-raising initiatives totalled $5.3 billion. As a result, the government has produced the lowest operational allowance in a decade ($1.3 billion) and promised $4 billion in new capital expenditure.

    But it was the radical restructuring and cancellation of pay equity for a range of undervalued female-dominated occupations that funded this budget. Almost half of the $12 billion recouped will be spent on the business tax incentives.

    The government expects the initiative will increase GDP and wages by 1% to 1.5% over the next 20 years. But given the gender-segregated structure of New Zealand’s labour market, it may take some time for women to benefit from the Investment Boost.

    Pay equity peril: Finance Minister Nicola Willis delivers the budget while Prime Minister Christopher Luxon looks on.
    Getty Images

    The gender gap and economic growth

    Applying a systematic and evidence-based gender analysis as part of the budget preparation process would have revealed more inclusive ways of delivering economic growth.

    For example, OECD modelling demonstrates the historical importance of increases in women’s labour market participation for economic growth, but notes that persistent gender gaps remain in productive capcity and hours of employment.

    Closing these gaps could potentially add a 0.1 percentage point of additional economic growth per year, culminating in a 3.9% boost to GDP in the next 35 years.

    Moreover, increasing women’s labour force participation may be a valuable mechanism to limit declines in the size of the labour force, given the rapidly ageing population.

    Such an outcome would require increased government investment in childcare and early childhood education for under twos, ideally for more than 20 hours per week.

    This would be a significant investment, given OECD data shows the net cost of childcare in New Zealand is as much as 38% of a two-earner couple’s average earnings (after accounting for government subsidies or benefits). This is considerably more expensive than most OECD member states.

    Potential cost to National

    Income and spending averages often mask more extreme impacts for different groups of women and men. For example, traditional economic models value labour used in the production of goods and services in the “market economy” but exclude the production of goods and services for their own use.

    For wāhine Māori, non-market work includes care for whānau, community and land, as well as upholding the mana of the marae, and the intergenerational transfer of knowledge.

    Finally, implementing pay equity, recognising the economic value of the unpaid care economy, and providing increased financial support for childcare, would also contribute to closing the gender pension gap.

    Westpac data shows men have an average KiwiSaver balance 16% higher than women’s, most likely attributable to gender wage gaps and parenting career breaks.

    Therefore the reduction in government contributions to KiwiSaver, and National’s desire to lift the retirement age, matter more to women because statistically they have a longer retirement to fund.

    Budget 2025 came at a cost to many women in New Zealand, and it may yet come at a cost for National.

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

    – ref. NZ Budget 2025: funding growth at the expense of pay equity for women could cost National in the long run – https://theconversation.com/nz-budget-2025-funding-growth-at-the-expense-of-pay-equity-for-women-could-cost-national-in-the-long-run-257225

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Have your say on the Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill

    Source:

    Media Release

    On behalf of:    Finance and Expenditure Committee

    For release:     23 May 2025

    Have your say on the Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill
    The Chairperson of the Finance and Expenditure Committee is calling for submissions on the Financial Markets (Conduct of Institutions) Amendment (Duty to Provide Financial Services) Amendment Bill. The closing date for submissions is 11.59pm on Friday, 4 July 2025.

    The bill is a member’s bill in the name of Andy Foster. The bill would amend the Financial Markets (Conduct of Institutions) Amendment Act 2022 to place a new duty on financial institutions to provide financial services to customers except in situations based on law or for valid and verifiable commercial grounds.

    Tell the Finance and Expenditure Committee what you think:

    Make a submission on the bill by 11.59pm on Friday, 4 July 2025.

    For more details about the bill:

    ENDS

    For media enquiries contact:

    Finance and Expenditure Committee staff

    fe@parliament.govt.nz

    MIL OSI

    MIL OSI New Zealand News –

  • MIL-OSI USA: ICYMI: Senator Markey, Leader Schumer, Ranking Member Wyden Blast Republicans’ All-Out Assault on Clean Air and Climate

    US Senate News:

    Source: United States Senator for Massachusetts Ed Markey

    Senator Markey joined by Democratic Leader Schumer, Ranking Member Wyden, and climate advocates
    Washington (May 22, 2025) – Senator Edward J. Markey (D-Mass.), co-chair of the Senate Climate Change Task Force, Democratic Leader Chuck Schumer (D-N.Y.), and Senator Ron Wyden (D-Ore.), Ranking Member of the Senate Finance Committee, joined by climate advocacy groups, today hosted a press conference to blast Republicans’ all-out assault on efforts to combat the climate crisis, including unprecedented actions to revoke the California Clean Air Act waivers and repeal clean energy tax credits included in the Inflation Reduction Act.  
    “The Trump administration has made one thing painfully clear: They are putting Oil Above All—above the law, above the economy, and above the health and wallets of working families. The repeal of the Clean Air Act waivers is yet another historic example of the lawlessness of today’s Republican party; no rule, no norm, no standard is safe if it stands between them and what their Big Oil donors want. They’re breaking precedent, breaking Senate process, and breaking public trust. As a result, we will see more asthma. More heart disease. More early deaths. More cancer. That will be the Trump and Republican legacy,” said Senator Markey. “By repealing clean energy and environmental protection funding from the Inflation Reduction Act, Republicans are attacking clean air and clean energy with their tax bill. Republicans are seeking to destroy the tools and programs which are creating hundreds of thousands of jobs, easing costs for working families, and addressing air pollution in our communities. These attacks are dangerous and have far-reaching consequences for all.”
    “When it comes to clean energy and the Republican agenda, I don’t believe we’ve seen this kind of economic self-sabotage in modern American times. Republicans are raising Americans’ electrical bills, destroying thousands of good-paying jobs, and sacrificing our energy security all to pay for handouts to big corporations and ultra-wealthy Trump donors. Back in the campaign, Trump told a room full of oil and gas executives that he’d let them control the agenda if they helped put him back in the White House, and clearly, he’s delivering on that horribly corrupt promise,” said Ranking Member Wyden.
    “Congressional Republicans led a Big Oil-backed effort to circumvent their own rules in order to block California, and other states, from having stronger clean air standards for cars and trucks. This should not be a political or partisan issue, it’s about states’ ability to set standards – like the original tailpipe pollution limits set by Ronald Reagan – that deliver cleaner air for their citizens, said League of Conservation Voters’ Vice President of Federal Policy Matthew Davis. “At the same time, House Republicans have just passed their billionaire tax scam, the most anti-environmental bill in our nation’s history that will drive up families’ energy costs by hundreds of dollars per year. Right now, the Senate must stand up against the anti-environmental billionaire tax scam to protect our clean air and water, and cost-saving, jobs-creating clean energy.”
    “Today Congress has decided to fundamentally deny states their rights to reduce pollution and protect public health. In environmental justice communities, people of color and lower income face the greatest rates of asthma and cancer. This action enables a continued unjust assault on overburdened communities choking on diesel fumes. A clean transportation sector benefits us all and we will continue to fight for one that’s healthier, cheaper, and accessible to everyone,” said Yosef Robele, Federal Policy Manager, WE ACT for Environmental Justice.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Growing a productive & resilient rural sector

    Source: NZ Music Month takes to the streets

    The Government is sharpening its focus and support for New Zealand’s world-leading food and fibre producers through Budget 2025 – backing the growth and resilience of our largest and most Important sector.
    Agriculture Minister Todd McClay says Budget 2025 confirms $4.95 billion in continuing baseline funding over the next four years for MPI to support farmers, growers, fishers, and foresters to lift on-farm productivity and profitability, strengthen rural communities, and drive higher returns at the farm and forest gate.
    “This year alone, the food and fibre sector is forecast to contribute $56.9 billion to the economy, that’s why we’re focused on unlocking new global opportunities –from the UK and EU, to the Gulf, and India– while cutting red tape so producers can get on with the job.”
    To further strengthen the sector’s resilience, Budget 2025 includes a new focus on driving growth and rural wellbeing through a series of targeted grassroots investments:

    $246 million over four years in a new Primary Sector Growth Fund (PSGF) to help lift food and fibre sector productivity, profitability, and resilience;
    $2 million over four years in a contestable rural wellbeing fund;
    $1m extra over four years for Rural Support Trusts and other organisations to support farmers and growers;
    $400,000 over four years in direct grants for New Zealand’s A&P shows;
    Ongoing support for catchment groups of $36 million over the next four years, through the Ministry for Primary Industries;
    $250,000 for the 2025/26 financial year for Rural Women New Zealand to boost its on-the-ground support for rural communities.

    “These initiatives back the people behind the sector who make our rural economy tick.”
    The new Investment Boost tax incentive will also improve cashflow and make on-farm and forest investments more affordable, allowing for Farmers and Growers to immediately deduct 20 per cent of the cost of new machinery or farm equipment, on top of existing depreciation rates.
    Budget 2025 also continues our commitment to $400 million over four years with an additional $23 million carried over to accelerate the development and rollout of new tools and technologies to reduce emissions without closing down farms or sending jobs and production overseas – a key part of ensuring the sector is globally competitive into the future.
    “When our rural communities do well, the whole country benefits. Budget 2025 is about ensuring our farmers and growers have the tools and support they need to succeed – not just for today, but for the long-term prosperity of New Zealand,” the Government’s team of Agriculture ministers, Todd McClay, Andrew Hoggard, Mark Patterson and Nicola Grigg say. 

    MIL OSI New Zealand News –

  • MIL-Evening Report: KiwiSaver at a crossroads: budget another missed opportunity to fix NZ’s underperforming retirement scheme

    Source: The Conversation (Au and NZ) – By Aaron Gilbert, Professor of Finance, Auckland University of Technology

    Lynn Grieveson/Getty Images

    When KiwiSaver was introduced in 2007 it was built on a stark reality: New Zealand Super alone will not be enough for most people to retire with dignity.

    As the population ages and the cost of superannuation continues to climb, the gap between what the state provides and what retirees actually need is only going to grow. KiwiSaver was designed to bridge that gap – to give New Zealanders a fighting chance at financial independence in retirement.

    But changes to KiwiSaver laid out in this year’s budget undermine what was already an underperforming scheme.

    Despite 17 years of operation, KiwiSaver balances remain shockingly low. As of mid-2024, the average sits around NZ$37,000. That’s barely enough for a couple of years’ worth of modest top-ups, let alone funding a comfortable retirement.

    For many nearing retirement, balances are even lower. And about 40% of members aren’t actively contributing. That includes people on contribution holidays, in irregular work, or who opted out altogether. Many accounts are effectively dormant “ghost accounts” created by auto-enrolment and never activated.

    Let’s be blunt: a retirement savings scheme that doesn’t result in meaningful savings for the majority of its members isn’t working.

    The 2025 Budget from the National Party, ACT and NZ First, included changes to the KiwiSaver scheme.
    Hagen Hopkins/Getty Images

    Small cuts, big consequences

    KiwiSaver’s design isn’t its only problem. Political decisions have steadily chipped away at the scheme’s effectiveness. Every tweak and cut might seem minor on its own. But together they’ve eroded the core engine of the scheme: compounding contributions over time.

    Take the $1,000 kick-start payment from the state, scrapped in 2015. Left invested in a growth fund for 40 years, that single payment could have grown to over $8,000.

    Or look at the member tax credit – an annual payment made by the government to eligible members. The reduction from $1,042 to $521.43 might seem modest, but over a working life, that change alone could shave more than $70,000 off your KiwiSaver balance. This year’s budget has cut it further to $260.72.

    Then there’s the tax on employer contributions – the amount paid into KiwiSaver by employers. For someone earning $80,000 a year, that tax can reduce total contributions by around 1% of salary annually. Over 40 years, that means nearly $100,000 less at retirement.

    These aren’t just numbers on a spreadsheet. They’re the difference between retiring with options and retiring with anxiety. The $200,000 that past policy changes have stripped from the average KiwiSaver balance could have provided an extra $170 a week in retirement – enough to cover basics like food, power or transport.

    By eroding those balances now, we’re not saving money. We’re simply passing the bill to future governments and taxpayers who will have to pick up the slack.

    The worst time to weaken saving

    There’s never a good time to undermine a long-term savings scheme, but doing it during a cost-of-living crisis is especially reckless. People are already struggling to keep up with everyday expenses. Contributions to KiwiSaver – despite their long-term benefits – are one of the first things households cut when budgets are tight.

    If people start to believe KiwiSaver won’t be there for them – or that it’s not worth the effort – they’ll opt out or reduce contributions. And the scheme, already struggling with engagement, will lose even more ground.

    Which brings us to the current budget.

    The changes to the member tax credit will undermine the core purpose of KiwiSaver, reducing the amount people will retire with by another $35,000 for someone investing for 40 years in a growth fund.

    Income-testing the member tax credit, coming into effect on July 1 this year, is pitched as targeting support where it’s needed. But that assumes income is a good proxy for need. It isn’t. Plenty of people have high incomes now but low KiwiSaver balances due to career gaps, home purchases or starting late.

    If we want to better target support, base it on balances, not income. That would help those with low savings regardless of their current salary – and encourage rebuilding after big life expenses, such as buying a first home.

    Raising the minimum contribution rate from 3% to 4% of gross salary sounds promising. Nudging people into saving more is smart policy – in theory. Plus requiring higher employer contributions is a welcome benefit.

    But with households stretched thin, there’s a real risk people will just cease contributing at all. The danger is we end up with a headline policy that looks bold but delivers little – or worse, backfires.

    The bottom line

    The bigger issue? These are tweaks around the edges. They don’t address the fundamental problem: KiwiSaver is not set up to deliver retirement security at scale.

    Plenty of experts have put forward good ideas to improve it. But right now, the urgent priority isn’t invention – it’s protection. Every time we reduce incentives, chip away at contributions or confuse the message, we undermine the very idea that long-term saving is worth it.

    A retirement savings scheme only works if people trust it. That means policy stability. That means recognising KiwiSaver not as a cost, but as a commitment – a promise that if you put money aside during your working life, the system will have your back when you stop.

    KiwiSaver is at a crossroads. It can continue its slow drift into irrelevance –eroded by short-term thinking and piecemeal reform. Or it can be treated as the critical infrastructure it is: a tool for ensuring financial independence in retirement and relieving future pressure on the public purse.

    Budget decisions should honour KiwiSaver’s original promise. We owe future retirees – and future taxpayers – nothing less.

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

    – ref. KiwiSaver at a crossroads: budget another missed opportunity to fix NZ’s underperforming retirement scheme – https://theconversation.com/kiwisaver-at-a-crossroads-budget-another-missed-opportunity-to-fix-nzs-underperforming-retirement-scheme-257341

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Nations: Deputy Secretary-General’s remarks at closing of ECOSOC Segment on Operational Activities for Development [as delivered]

    Source: United Nations secretary general

    This week you have heard from nearly every speaker about the development emergency before us. It is amidst a world in turmoil and uncertainty, as Ambassador Rae has said, but more problematic to us are all the young people in the world that feels a sense of anxiety.

    So indeed it is a time of crisis and countries are struggling still to recover from the impact of the pandemic. There is a war in Europe, and the tragedy and injustices we see in Gaza, in Sudan, in Myanmar.

    At this juncture I think it is important for us to pause and reflect on the progress that has been made and set our trajectory for the year ahead. As and such, I want to point out the vital leadership we have had from Ambassador Szcserski in guiding our discussions over the past three days.

    I would also like to acknowledge and appreciate you, the Member States, for your constructive and active engagement, and our Principles of our agencies, funds and programs, especially my Vice-Chair Achim Steiner,  our Resident Coordinators who participated, the UN Country Teams and the entities who contributed with perspectives and insights from the ground. 

    Excellencies,

    This week we heard a shared readiness to respond to the challenges before us — from Member States, Resident Coordinators, and the UN development system entities.
    Allow me to set out my humble take aways from this segment.

    First, let me say that I have heard from the majority of you that we are delivering on your expectation of a coordinated and coherent system. You were clear that Resident Coordinators must be at the forefront of efforts to deliver on this.

    Second, I have heard your concerns about funding and the challenging landscape before many UN development system entities.

    Third, I have heard your acknowledgement of the immense progress on delivering on efficiencies but noted that we still have a long way before us on the common back offices, our general services and premises. 

    You were clear about your expectations for the road ahead, that we need to shift towards a more tailored UN development system. We are in the process of recalibrating DCO to optimize the ability of the RC system to meet country needs and priorities.

    As the Director of the System-Wide Evaluation Office highlighted earlier today, derivation of country level programming instruments also have to be strengthened. The country configuration exercises would need to be reinvigorated. And we need to move away from a stagnant UN development footprint and ensure that we have an agile and responsive footprint and presence.

    We need to redouble our effort to ensure that entities are fully aligned with the reform imperatives. The business model review of UNSDG entities is an important opportunity to assess alignment and propose some adjustments.  

    We also need to continue to strengthen transparency and accountabilities. The forthcoming review of the management and accountability framework provides an opportunity to do so. Your acknowledgement of the transparency and information provided is welcome, and a testament to the progress that is being made in enabling your oversight.

    Over the course of the next year, we are committed to making progress on these areas. And furthermore, we will continue to strive to provide you with the tools that you need to monitor our adherence to the reforms and encourage you to follow up these discussions at the governing boards.

    In my capacity as UNSDG Chair, I will keep you updated on the progress we make, as we tailor the UN development systems response, including the development coordination office.

    Many of you have stressed that UN80 could provide a drive for addressing these aspects and others highlighted this week, such as renewed efforts to drive efficiencies and accountability.

    UN 80 provides a welcome momentum to continue implementing reforms across the development system.

    Now is the time for us to invest in that future.

    As we approach 2030, the actions that we are going to take now will have a lasting impact on our ability to deliver on the SDGs and our promise to leave no one behind.

    The Secretary-General could not have been clearer. Our efforts will only bear fruit if the broader changes in the international financial systems agreed in the Pact for the Future are implemented.

    Therefore, the Financing for Development Conference (FfD4) taking place in Seville, the World Social Summit, the Food Systems Stocktake, and COP all represent pivotal opportunities to put the goals back on track. But also to demonstrate why it is and how it is that the UN system, this incredible institution, brings people together, challenging those who say that things cannot be done, and give hope to how they can be done, particularly at the country level.

    Excellencies,

    There is no time to lose. We do have a deadline around the corner.

    We can transform our current challenges into opportunities, take the dividends from this crisis and make them happen— but we need to act together, and act now.

    We must underscore, as Ambassador Rae stated, people have a right to justice, they have a right to a life of dignity, and in solidarity, I believe we can show that this reality is possible, for all people on this good earth.

    Thank you so much for the opportunity, we have taken with us lots of homework, to be continued.

    Thank you.
     

    MIL OSI United Nations News –

  • MIL-Evening Report: Budget 2025: Pacific Ministry faces major cuts, yet new initiatives aim for development

    By ‘Alakihihifo Vailala of PMN News

    Funding for New Zealand’s Ministry for Pacific Peoples (MPP) is set to be reduced by almost $36 million in Budget 2025.

    This follows a cut of nearly $26 million in the 2024 budget.

    As part of these budgetary savings, the Tauola Business Fund will be closed. But, $6.3 million a year will remain to support Pacific economic and business development through the Pacific Business Trust and Pacific Business Village.

    The Budget cuts also affect the Tupu Aotearoa programme, which supports Pacific people in finding employment and training, alongside the Ministry of Social Development’s employment initiatives.

    While $5.25 million a year will still fund the programme, a total of $22 million a year has been cut over the last four years.

    The ministry will save almost $1 million by returning funding allocated for the Dawn Raids reconciliation programme from 2027/28 onwards.

    There are two years of limited funding left to complete the ministry Dawn Raids programmes, which support the Crown’s reconciliation efforts.

    Funding for Pasifika Wardens
    Despite these reductions, a new initiative providing funding for Pasifika Wardens will introduce $1 million of new spending over the next four years.

    The initiative will improve services to Pacific communities through capacity building, volunteer training, transportation, and enhanced administrative support.

    Funding for the National Fale Malae has ceased, as only $2.7 million of the allocated $10 million has been spent since funding was granted in Budget 2020.

    The remaining $6.6 million will be reprioritised over the next two years to address other priorities within the Arts, Culture and Heritage portfolio, including the National Music Centre.

    Foreign Affairs funding for the International Development Cooperation (IDC) projects, particularly focussed on the Pacific, is also affected. The IDC received an $800 million commitment in 2021 from the Labour government.

    The funding was time-limited, leading to a $200 million annual fiscal cliff starting in January 2026.

    Budget 2025 aims to mitigate this impact by providing ongoing, baselined funding of $100 million a year to cover half of the shortfall. An additional $5 million will address a $10 million annual shortfall in departmental funding.

    Support for IDC projects
    The new funding will support IDC projects, emphasising the Pacific region without being exclusively aimed at climate finance objectives. Overall, $367.5 million will be allocated to the IDC over four years.

    Finance Minister Nicola Willis said the Budget addressed a prominent fiscal cliff, especially concerning climate finance.

    “The Budget addresses this, at least in part, through ongoing, baselined funding of $100 million a year, focused on the Pacific,” she said in her Budget speech.

    “Members will not be surprised to know that the Minister of Foreign Affairs has made a case for more funding, and this will be looked at in future Budgets.”

    More funding has been allocated for new homework and tutoring services for learners in Years nine and 10 at schools with at least 50 percent Pacific students to meet the requirements for the National Certificate of Educational Achievement (NCEA).

    About 50 schools across New Zealand are expected to benefit from the initiative, which will receive nearly $7 million over the next four years, having been reprioritised from funding for the Pacific Education Programme.

    As a result, funding will be stopped for three programmes aimed at supporting Tu’u Mālohi, Pacific Reading Together and Developing Mathematical Inquiry Communities.

    Republished from Pacific Media Network News with permission.

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Brompton Split Banc Corp. Renews At-the-Market Equity Program

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. newswire services or for dissemination in the United States.

    TORONTO, May 22, 2025 (GLOBE NEWSWIRE) — (TSX: SBC, SBC.PR.A) Brompton Split Banc Corp. (the “Fund”) is pleased to announce it has renewed its at-the-market equity program (“ATM Program”) so that the Fund can issue class A and preferred shares (the “Class A Shares” and “Preferred Shares”, respectively) to the public from time to time, at the Fund’s discretion. This ATM Program replaces the prior program established in April 2023 that has terminated. Any Class A Shares or Preferred Shares sold under the ATM Program will be sold through the Toronto Stock Exchange (the “TSX”) or any other marketplace in Canada on which the Class A Shares and Preferred Shares are listed, quoted or otherwise traded at the prevailing market price at the time of sale. Sales of Class A Shares and Preferred Shares through the ATM Program will be made pursuant to the terms of an equity distribution agreement dated May 22, 2025 (the “Equity Distribution Agreement”) with RBC Capital Markets (the “Agent”).

    Sales of Class A Shares and Preferred Shares will be made by way of “at-the-market distributions” as defined in National Instrument 44-102 Shelf Distributions on the TSX or on any marketplace for the Class A Shares and Preferred Shares in Canada. Since the Class A Shares and Preferred Shares will be distributed at the prevailing market prices at the time of the sale, prices may vary among purchasers during the period of distribution. The ATM Program is being offered pursuant to a prospectus supplement dated May 22, 2025 to the Fund’s short form base shelf prospectus dated May 22, 2025. The maximum gross proceeds from the issuance of the shares will be $75 million for each of the Class A and Preferred Shares. Copies of the prospectus supplement and the short form base shelf prospectus may be obtained from your registered financial advisor or from representatives of the Agent and are available on SEDAR+ at www.sedarplus.ca.

    The volume and timing of distributions under the ATM Program, if any, will be determined at the Fund’s sole discretion. The ATM Program will be effective until June 22, 2027, unless terminated prior to such date by the Fund. The Fund intends to use the proceeds from the ATM Program in accordance with the investment objectives and investment strategies of the Fund, subject to the investment restrictions of the Fund.

    The Fund invests in a portfolio (the “Portfolio”) consisting of common shares of the six largest Canadian banks: Royal Bank of Canada, The Bank of Nova Scotia, National Bank of Canada, The Toronto-Dominion Bank, Canadian Imperial Bank of Commerce and Bank of Montreal. In addition, the Fund may hold up to 10% of the total assets of the Portfolio in investments in global financial companies for the purpose of enhanced diversification and return potential.

    The investment objectives for the Class A Shares are to provide holders with regular monthly cash distributions targeted to be at least $0.10 per Class A Share and to provide the opportunity for growth in the net asset value per Class A Share.

    The investment objectives for the Preferred Shares are to provide holders with fixed cumulative preferential quarterly cash distributions, in the amount of $0.15625 per Preferred Share (6.25% per annum on the original $10.00 issue price), and to return the original issue price to holders of Preferred Shares on November 29, 2027.

    Over the last 10 years, the Class A Shares have delivered a 12.0% per annum total return based on NAV, outperforming the S&P/TSX Composite Total Return Index by 3.7% per annum.(1) The Preferred Shares have returned 5.3% per annum over the last 10 years, outperforming the S&P/TSX Preferred Share Total Return Index by 1.7% per annum.(1)

    About Brompton Funds

    Founded in 2000, Brompton is an experienced investment fund manager with income and growth focused investment solutions including exchange-traded funds (ETFs) and other TSX traded investment funds. For further information, please contact your investment advisor, call Brompton’s investor relations line at 416-642-6000 (toll-free at 1-866-642-6001), email info@bromptongroup.com or visit our website at www.bromptongroup.com.

    (1) See Performance table below.

      Brompton Split Banc Corp.
    Compound Annual Returns to April 30, 2025    		 1-Yr 3-Yr 5-Yr 10-Yr Since Inception
      Class A Shares (TSX: SBC) 33.1% 7.8% 26.4% 12.0% 11.2%
      S&P/TSX Composite Total Return Index 17.9% 9.6% 14.4% 8.3% 7.6%
      Preferred Shares (TSX: SBC.PR.A) 6.4% 6.1% 5.7% 5.3% 5.2%
      S&P/TSX Preferred Share Total Return Index 11.7% 5.9% 9.4% 3.5% 2.9%
                 

    Returns are for the periods ended April 30, 2025, and are unaudited. Inception date November 16, 2005. The table shows the compound return on a Class A Share and Preferred Share for each period indicated compared to the S&P/TSX Composite Total Return Index (“Composite Index”), and the S&P/TSX Preferred Share Total Return Index (“Preferred Share Index”) (together the “Indices”). The Composite Index tracks the performance, on a market weight basis and total return basis, of a broad index of large-capitalization issuers listed on the TSX. The Preferred Share Index tracks the performance, on a market‑weight basis and total return basis, of a broad index of preferred shares trading on the TSX that meet the criteria relating to size, liquidity and issuer rating. The Fund is actively managed; therefore, its performance is not expected to mirror that of the Indices, which have more diversified portfolios and include a substantially larger number of companies. Furthermore, the Indices’ performance is calculated without the deduction of management fees, fund expenses and trading commissions, whereas the performance of the Fund is calculated after deducting such fees and expenses. Additionally, the performance of the Class A Shares is impacted by the leverage provided by the Preferred Shares. The performance information shown is based on the net asset value per Class A Share and the redemption price per Preferred Share and assumes that cash distributions made by the Fund during the periods shown were reinvested at net asset value per Class A Share and redemption price per Preferred Share in additional Class A Shares or Preferred Shares of the Fund. Past performance does not necessarily indicate how the Fund will perform in the future.

    You will usually pay brokerage fees to your dealer if you purchase or sell shares of the Fund on the TSX or other alternative Canadian trading system (an “exchange”). If the shares are purchased or sold on an exchange, investors may pay more than the current net asset value when buying shares of the Fund and may receive less than the current net asset value when selling them.

    There are ongoing fees and expenses associated with owning shares of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the Fund in its public filings available at www.sedarplus.ca. The indicated rates of return are the historical annual compounded total returns including changes in share value and reinvestment of all distributions and does not take into account sales, redemption, distribution or optional charges or income tax payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

    Certain statements contained in this document constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this document and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “plan”, “anticipate”, “believe”, “intend”, “estimate”, “predict”, “potential”, “continue” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.

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

    The MIL Network –

  • MIL-OSI China: Western China trade fair inks deals worth over 200 billion yuan

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

    CHONGQING, May 22 — The 7th Western China International Fair for Investment and Trade kicked off in southwest China’s Chongqing Municipality on Thursday, with on-site project agreements exceeding 200 billion yuan (about 27.8 billion U.S. dollars).

    The event invited Thailand as the guest country of honor, Sichuan Province as the permanent guest province, and the Hong Kong Special Administrative Region as a newly added guest city.

    The fair attracted over 1,300 enterprises from 39 countries and regions, including 56 central state-owned enterprises, 47 Fortune Global 500 companies, 93 multinational corporations, and 286 leading private firms.

    According to the organizing committee, manufacturing and modern service industries accounted for over 75 percent of the total contracted projects, spanning sectors such as aerospace, advanced materials, energy, and smart equipment.

    MIL OSI China News –

  • MIL-OSI Australia: Truck driver charged over crash at Blackwood

    Source: New South Wales – News

    A truck driver was arrested after a crash that seriously injured a motorcyclist at Blackwood yesterday afternoon.

    Just after 3.30pm on Thursday 22 May, police were called to Shepherds Hill Road, Blackwood after reports of a collision between a truck and motorcycle.

    The rider, a 46-year-old man from Blackwood, sustained serious injuries in the crash and was rushed to hospital. He remains in a critical condition.

    The truck driver, a 38-year-old man from Holden Hill, was not injured.

    Major Crash Investigators attended the scene to determine the circumstances surrounding the crash.

    Last night, the truck driver was arrested and charged with cause serious harm by dangerous driving.  He was issued with an immediate loss of licence until further order and bailed to appear in the Christies Beach Magistrates Court on 31 July.

    Anyone who witnessed the crash and hasn’t yet spoken to police or has dashcam or CCTV footage that captured the collision or either the truck or motorcycle in the vicinity of Shepherds Hill Road yesterday is asked to contact Crime Stoppers at www.crimestopperssa.com.au or on 1800 333 000. You can remain anonymous.

    MIL OSI News –

  • MIL-OSI USA: Murphy, Warren, Merkley, Blumenthal, Liccardo, Advocates Call Out Trump’s Corrupt Meme Coin Dinner, Demand The Release Of Attendees’ Names And What Favors They’re Getting

    US Senate News:

    Source: United States Senator for Connecticut – Chris Murphy

    May 22, 2025

    [embedded content]

    WASHINGTON—U.S. Senator Chris Murphy (D-Conn.) on Thursday led a press conference with U.S. Senators Elizabeth Warren (D-Mass.), Jeff Merkley (D-Ore.), and Richard Blumenthal (D-Conn.) and U.S. Representative Sam Liccardo (D-Calif.), Public Citizen, Citizens for Responsibility and Ethics in Washington (CREW), and End Citizens United to call out the blatant corruption behind President Trump’s meme coin dinner — a secretive, high-dollar event where anonymous crypto investors are buying direct access to Trump. The Members demanded full transparency: who’s attending, how much they paid, and what kind of influence they’re expecting in return for the millions of dollars they put in Trump’s meme coin. With no press, no disclosure, and crypto wallets tied to foreign actors, this dinner isn’t just unethical — it’s a national security risk. It’s pay-to-play politics on steroids, and Trump is cashing in. The dinner is scheduled for tonight at Trump National Golf Club in Sterling, Virginia.

    “We’re here today to call on the President and the people who serve him to do something really simple: release the names of the people who are going to be there,” said Murphy. “Even if you release the names, it’s still corrupt. But at least let us see who’s going to be there. At least let the American people know who has bought access to the President. Release the names. If there’s nothing wrong, if you think that this is all above board, then what are you hiding?”

    “Americans sent us to Congress to unrig the economy — not to help the President turn the White House into a crypto cash machine with private dinners for his top meme coin buyers or legislation that supercharges his stablecoin profits,” said Banking Committee Ranking Member Warren. “The GENIUS Act should be written to prohibit the president and his family from profiting—period.”

    “President Trump has put a ‘for sale’ sign on the White House lawn with his cryptocurrency schemes,” said Merkley. “Congress needs to act fast to stop the massive corruption and national security threat that is Trump selling access and influence to the highest bidders. My End Crypto Corruption Act not only cracks down on this corruption but also prevents other federal officials, like Members of Congress, from betraying our ‘We The People’ government.”

    “Donald Trump is selling access. He is selling out America, he is selling it to a foreign power, and he is putting our national security at risk. Trump is becoming beholden to foreign powers—the Emirates that provided $2 billion to World Liberty Financial, the Qataris that have provided him with a plane, and the unknown foreign actors that have invested in his meme coin operation. It’s not just about corruption—it is about corruption that endangers our national security by putting the president in a compromised position in relation to foreign powers,” said Blumenthal. “My hope is that the Trump Administration will give us the list of individuals attending tonight’s dinner as the Permanent Subcommittee on Investigation has asked them to provide.”

    “I was not invited to dine with Donald Trump today. I’m not disappointed.  But you know who should be disappointed? The 746,000 people (probably many of them Americans) who bought small amounts of that Trump coin – maybe some of them bought a little bit more – who didn’t get invited. When I introduced the MEME Act in the House it was because, to borrow from Richard Nixon, those 764,000 Americans needed to know that their president was a crook. And hopefully, we’re going to find some Republicans who have the courage and the spine to say this is corruption regardless of which party is committing it,” said Liccardo.

    “America should not be for sale. With tonight’s prize dinner, our President is using his private golf course to cater to some of the world’s richest people, instead of working on behalf of working families and our country. He claims to be ‘America first,’ but really, he’s ‘Donald Trump first.’ Between his outrageous meme coin grift, his Tesla car show on the White House lawn, the jumbo jet gift from Qatar and his numerous candlelit dinners for tech bros and foreign billionaires, this President is the definition of corruption and personal profit over regular people,” said Lisa Gilbert, co-president of Public Citizen.

    “The President’s corrupt dinner is yet another alarming example of foreign interests opening their wallets to him. By turning the American presidency into a money-making venture, Trump is inviting an unprecedented level of corruption—and putting our national security at risk. End Citizens United proudly stands with Senator Murphy and the other lawmakers who spoke out today to demand transparency and accountability,” said Justin Unga, Vice President of Public Affairs, End Citizens United.

    Earlier this month, Murphy introduced the Modern Emoluments and Malfeasance Enforcement (MEME) Act, legislation to prevent corrupt federal officials from using their position to profit off digital assets such as meme coins. Rep. Liccardo introduced companion legislation in the U.S. House of Representatives.

    MIL OSI USA News –

  • MIL-Evening Report: Half the remaining habitat of Australia’s most at-risk species is outside protected areas

    Source: The Conversation (Au and NZ) – By Michelle Ward, Lecturer, School of Environment and Science, Griffith University

    Land clearing for agriculture poses a real threat to many species. Rich Carey/Shutterstock

    More and more Australian species are being listed as critically endangered – the final stage before extinction in the wild. Hundreds of species of plants and animals are now at this point.

    For a species to be critically endangered, it is on death’s door. Its numbers must have shrunk alarmingly and its outlook is bleak. Why? One common reason is habitat loss. If we convert bushland or swamps into farmland or suburbs, we reduce how much space species have to survive.

    Our new research examines how much habitat is left for 305 of Australia’s critically endangered species – more than 70% of the total. Alarmingly, we found almost half the remaining habitat is outside the protected area estate. That means the last remaining areas where these species are clinging on could very easily be cleared.

    The good news? We now know exactly which areas most need to be safeguarded. If we protected an extra 0.5% of Australia’s land mass, we could slash the risk to hundreds of species approaching the point of no return. This is a relatively small amount compared to the 22.5% of Australia that already has some form of protection. The Australian government has committed to increasing this to 30% by 2030.

    What did we do?

    Australia now has 426 critically endangered species, including plants, fish, frogs, reptiles, mammals, birds and other animals. We focused on 305 of these species – those clinging to life in six or fewer isolated patches of habitat across Australia.

    We then worked with 18 scientists whose expertise covers these 305 species to refine the maps of habitat for species to ensure we used the most accurate and current data available.

    Once we had these maps, we compared them to maps of Australia’s network of protected areas. When we found unprotected habitat, we assessed whether it might be appealing for clearing and conversion into farmland.

    When we put this data together, we found something startling – and encouraging. Our work found approximately 85,000 square kilometres of habitat (about 1% of Australia’s land area) urgently needs protection and management to halt extinction for these 305 species.

    This map shows Australia’s existing protected areas in green. Suitable but unprotected habitat for our critically endangered species are coloured from dark blue through to yellow. The lighter the colour, the more species this habitat is suited to. Islands not to scale.
    Michelle Ward, CC BY-NC-ND

    Alarmingly, half of this vital habitat currently lies outside existing protected areas, with 39 species having none of their remaining habitat in the protected area estate. Habitat in protected areas is safer, but not completely safe. Fuel reduction burns, invasive species and even harvesting can affect species inside protected areas.

    Consider the Margaret River burrowing crayfish (Engaewa pseudoreducta), Lyon’s grassland striped skink (Austroablepharus barrylyoni) and the Rosewood keeled snail (Ordtrachia septentrionalis). Each of these critically endangered species survives in one or two tiny patches of habitat outside the protected area estate. They could be wiped out by something as simple as a highway expansion or a new suburban development.

    Some remaining habitat is especially precious, as it could support several critically endangered species at once. These include areas west of Atherton in Queensland as well as areas around Tumbarumba in New South Wales and Campbell Town in Tasmania.

    Other hotspots include Lord Howe Island, Macquarie Island, Christmas Island, Norfolk Island and its neighbour Phillip Island. Many critically endangered species with small ranges survive here, including Suter’s striped glass-snail, Christmas Island spleenwort and the Lord Howe Island phasmid (giant stick insect). While most of these islands are well protected, their conservation programs need to be well funded to deal with ongoing threats.

    The critically endangered Lyon’s grassland striped skink is now found only on small fragments of habitat southwest of Cairns.
    Conrad Hoskin, CC BY-NC-ND

    The last of them

    When a species goes extinct, we lose an entire set of genes, traits, behaviours and history. Despite recent headlines, extinction is forever.

    In 2022, the Australian government pledged to bring an end to extinction of the continent’s unique species.

    This is easier said than done – extinctions are continuing, especially among invertebrates.

    Our maps show the last known areas where these 305 species are holding on. If nothing is done, some of these areas of habitat will likely be converted to farming or grazing land. The most logical thing to do is to preserve and manage this habitat as quickly as possible.

    The challenge is ownership. At present, much of this habitat occurs on private land (about 17,000 km²) or in state forests (about 7,000 km²) which often does not stop activities that cause habitat destruction, such as native forest logging. Other areas are under different forms of tenure which often lack stringent conservation measures.

    Protecting species on private lands requires careful negotiation and incentives for landholders. The government doesn’t have to buy the land – it just has to find ways to conserve it. Australia now has many good examples of conservation on private land.

    Agricultural potential poses another challenge. More than half (55%) of the habitat we identified has a clear overlap with lands suitable for farming or grazing. These preferred areas are usually flat and on fertile soils.

    Conversion of habitat to farms or paddocks is a major reason why Australia is still one of the top land-clearing nations. In just one year, 6,800 km² of woody vegetation was cleared in Queensland – largely to make way for agriculture.

    What can we do?

    Our research gives policymakers detailed, geographically specific and actionable information on vital areas of habitat remaining for more than 70% of Australia’s critically endangered species.

    These maps can help shape decisions on land management, expansion of protected areas and where biodiversity stewardship programs should be prioritised.

    Policymakers must find effective incentives for landowners to preserve species on their land and rigorously enforce regulations to prevent illegal clearing.

    Australia stands at a crossroads. The action (or inaction) of decision makers will change the fate of hundreds of critically endangered species. We know where these species are just holding on. The question is whether we can get to them in time.

    Michelle Ward has received funding from various sources including the Australian Research Council, the Queensland Department of Environment and Science, WWF Australia, and the federal government’s National Environmental Science Program, and has advised both state and federal government on conservation policy.

    James Watson has received funding from the Australian Research Council, National Environmental Science Program, South Australia’s Department of Environment and Water, Queensland’s Department of Environment, Science and Innovation as well as from Bush Heritage Australia, Queensland Conservation Council, Australian Conservation Foundation, The Wilderness Society and Birdlife Australia. He serves on the scientific committee of BirdLife Australia and has a long-term scientific relationship with Bush Heritage Australia and Wildlife Conservation Society. He serves on the Queensland government’s Land Restoration Fund’s Investment Panel as the Deputy Chair.

    – ref. Half the remaining habitat of Australia’s most at-risk species is outside protected areas – https://theconversation.com/half-the-remaining-habitat-of-australias-most-at-risk-species-is-outside-protected-areas-256818

    MIL OSI Analysis – EveningReport.nz –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for May 23, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on May 23, 2025.

    Half the remaining habitat of Australia’s most at-risk species is outside protected areas
    Source: The Conversation (Au and NZ) – By Michelle Ward, Lecturer, School of Environment and Science, Griffith University Land clearing for agriculture poses a real threat to many species. Rich Carey/Shutterstock More and more Australian species are being listed as critically endangered – the final stage before extinction in the wild. Hundreds of species of

    How should central banks respond to US tariffs? The RBA provides some clues
    Source: The Conversation (Au and NZ) – By Stella Huangfu, Associate professor, University of Sydney Lightspring/Shutterstock With the return of Donald Trump to the White House, the United States has signalled a return to aggressive tariff policies, upending economic forecasts around the world. This leaves central banks with a tricky dilemma: how to respond when

    Vivid, thrilling and ghastly: new theatrical adaptation of The Birds evokes climate disaster, terrorism and lockdown
    Source: The Conversation (Au and NZ) – By Sarah Austin, Senior Lecturer in Theatre, The University of Melbourne Pia Johnson/Malthouse Theatre Malthouse’s new production of The Birds is a thrillingly realised take on the 1952 short story by Daphne Du Maurier. Adapted by Louise Fox and directed by Matthew Lutton, this vivid realisation is a

    Air New Zealand to resume Auckland-Nouméa flights from November
    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk Air New Zealand has announced it plans to resume its Auckland-Nouméa flights from November, almost one and a half years after deadly civil unrest broke out in the French Pacific territory. “Air New Zealand is resuming its Auckland-Nouméa service starting 1 November 2025. Initially, flights will

    Budget 2025: Pacific Ministry faces major cuts, yet new initiatives aim for development
    By ‘Alakihihifo Vailala of PMN News Funding for New Zealand’s Ministry for Pacific Peoples (MPP) is set to be reduced by almost $36 million in Budget 2025. This follows a cut of nearly $26 million in the 2024 budget. As part of these budgetary savings, the Tauola Business Fund will be closed. But, $6.3 million

    Air New Zealand to resume Auckland-Nouméa flights from November
    By Patrick Decloitre, RNZ Pacific correspondent French Pacific desk Air New Zealand has announced it plans to resume its Auckland-Nouméa flights from November, almost one and a half years after deadly civil unrest broke out in the French Pacific territory. “Air New Zealand is resuming its Auckland-Nouméa service starting 1 November 2025. Initially, flights will

    Budget 2025: Pacific Ministry faces major cuts, yet new initiatives aim for development
    By ‘Alakihihifo Vailala of PMN News Funding for New Zealand’s Ministry for Pacific Peoples (MPP) is set to be reduced by almost $36 million in Budget 2025. This follows a cut of nearly $26 million in the 2024 budget. As part of these budgetary savings, the Tauola Business Fund will be closed. But, $6.3 million

    Why Donald Trump has put Asia on the precipice of a nuclear arms race
    Source: The Conversation (Au and NZ) – By Ian Langford, Executive Director, Security & Defence PLuS and Professor, UNSW Sydney For the past 75 years, America’s nuclear umbrella has been the keystone that has kept East Asia’s great‑power rivalries from turning atomic. President Donald Trump’s second‑term “strategic reset” now threatens to crack that arch. By

    Corroboree 2000, 25 years on: the march for Indigenous reconciliation has left a complicated legacy
    Source: The Conversation (Au and NZ) – By Heidi Norman, Professor of Aboriginal political history, Faculty of Arts, Design and Architecture, Convenor: Indigenous Land & Justice Research Group, UNSW Sydney First Nations people please be advised this article speaks of racially discriminating moments in history, including the distress and death of First Nations people. On

    KiwiSaver at a crossroads: budget another missed opportunity to fix NZ’s underperforming retirement scheme
    Source: The Conversation (Au and NZ) – By Aaron Gilbert, Professor of Finance, Auckland University of Technology Lynn Grieveson/Getty Images When KiwiSaver was introduced in 2007 it was built on a stark reality: New Zealand Super alone will not be enough for most people to retire with dignity. As the population ages and the cost

    Deaf President Now! traces the powerful uprising that led to Deaf rights in the US – now again under threat
    Source: The Conversation (Au and NZ) – By Gemma King, ARC DECRA Fellow in Screen Studies, Senior Lecturer in French Studies, Australian National University Archival footage shows Tim Rarus, Greg Hlibok, Bridgetta Bourne-Firl and Jerry Covell, in Apple TV+ Deaf President Now! Apple TV+ In March 1988, students of the world’s only Deaf university started

    Head knocks and ultra-violence: viral games Run It Straight and Power Slap put sports safety back centuries
    Source: The Conversation (Au and NZ) – By Christopher Yorke, Lecturer in sport management, Western Sydney University runitstraight24/instagram.com, The Conversation, CC BY Created in Australia, “Run It Straight” is a new, ultra-violent combat sport. Across a 20×4 metre grassed “battlefield,” players charge at full speed toward one another. Alternating between carrying the ball (ball runner)

    NZ Budget 2025: funding growth at the expense of pay equity for women could cost National in the long run
    Source: The Conversation (Au and NZ) – By Jennifer Curtin, Professor of Politics and Policy, University of Auckland, Waipapa Taumata Rau Pay equity protest outside parliament on budget day, May 22 2025. Getty Images In 1936, when the National Party was created through a merger of the United and Reform parties, there was a recognition

    Australian roads are getting deadlier – pedestrians and males are among those at greater risk
    Source: The Conversation (Au and NZ) – By Milad Haghani, Associate Professor & Principal Fellow in Urban Risk & Resilience, The University of Melbourne At least ten people died in fatal crashes earlier this month in a single 48-hour period on Victorian roads. It was the latest tragic demonstration of the mounting road trauma in

    There is a growing number of ‘super-sized’ schools. Does the number of students matter?
    Source: The Conversation (Au and NZ) – By Emma Rowe, Associate Professor in Education, Deakin University LBeddoe/Shutterstock Earlier this week, The Sydney Morning Herald reported one of Sydney’s top public high schools had more than 2,000 students for the first time, thanks to the booming population in the area. This follows similar reports of other

    From peasant fodder to posh fare: how snails and oysters became luxury foods
    Source: The Conversation (Au and NZ) – By Garritt C. Van Dyk, Senior Lecturer in History, University of Waikato An Oyster cellar in Leith John Burnet, 1819; National Galleries of Scotland, Photo: Antonia Reeve Oysters and escargot are recognised as luxury foods around the world – but they were once valued by the lower classes

    Govt should defuse NZ’s social timebomb – but won’t
    We have been handed a long and protracted recession with few signs of growth and prosperity. Budget 2025 signals more of the same, writes Susan St John. ANALYSIS: By Susan St John With the coalition government’s second Budget being unveiled, we should question where New Zealand is heading. The 2024 Budget laid out the strategy.

    Punitive criminal libel charge against Samoan journalist draws flurry of criticism
    Pacific Media Watch A punitive defamation charge filed against one of Samoa’s most experienced and trusted journalists last week has sparked a flurry of criticism over abuse of power and misuse of a law that has long been heavily criticised as outdated. Talamua Online senior journalist Lagi Keresoma, who is also president of the Journalists

    Grattan on Friday: if Ley and Littleproud find a way to cohabit, it will be a tense household
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra Remember that cliche about the Nationals tail wagging the Liberal dog? That tail wagged very vigorously this week, and smashed a lot of crockery, as it sought to bring Liberal leader Sussan Ley to heel. In a gesture of overreach,

    Legal academic says Samoa’s criminal libel law should go after charge
    By Don Wiseman, RNZ Pacific senior journalist An Auckland University law academic says Samoa’s criminal libel law under which a prominent journalist has been charged should be repealed. Lagi Keresoma, the first female president of the Journalists Association of Samoa (JAWS) and editor of Talamua Online, was charged under the Crimes Act 2013 on Sunday

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI New Zealand: Investment Boost tax incentive takes effect immediately

    Source: NZ Music Month takes to the streets

    Investment Boost has passed into law, meaning a major new tax incentive to encourage businesses to invest, grow the economy, and lift wages is now in place, Finance Minister Nicola Willis says.
    “Investment Boost takes effect immediately. This means businesses that go out today and buy machinery or tools or equipment or vehicles or technology can immediately deduct 20 per cent of that cost from taxable income – meaning a much lower tax bill.
    “The feedback to Investment Boost has already been massive, with businesses telling us it will be a game-changer.
    “This change will benefit farmers, tradies, hairdressers, manufacturers, and other businesses by helping them invest in productivity improving assets. It is all designed to help firms become more competitive and, therefore, able to lift workers’ wages.
    “The Treasury and Inland Revenue estimate Investment Boost will improve economic growth, lifting New Zealand’s GDP by 1 per cent, wages by 1.5 per cent and our capital stock by 1.6 per cent over the next 20 years, with around half these gains expected in the first five years.
    “Investment Boost applies to new assets purchased in New Zealand as well as new and used assets imported from overseas. It includes commercial buildings but excludes land, residential buildings, and assets already in use in New Zealand.
    “There’s no cap on the value of eligible investments. All businesses, regardless of size, can benefit.
    “Investment Boost delivers more bang for buck than a company tax cut because it only applies to new investments, not those made in the past.
    “The policy will reward businesses who make new investments by reducing their tax bills in the year they purchase new assets. For example, with Investment Boost, an advanced manufacturing firm that purchases a $200,000 environmental test chamber would reduce its tax bill by more than $10,000 in the year of purchase.
    “After many difficult years, New Zealand is once again on a steady economic growth path, thanks to our careful economic management supporting lower inflation, lower interest rates, and more business-friendly policies.
    “Businesses have been knocked around by challenging local and international economic conditions. This tax incentive shows that we are backing them to succeed. 
    “Now is the right time to support New Zealand’s economic recovery by making it easier for businesses to invest, hire more workers, pay them better, and contribute more to our long-term prosperity. 
    “It is only through a strong economy we can create jobs, lift incomes and afford the frontline public services like schools, hospitals and Police that Kiwis deserve.”

    MIL OSI New Zealand News –

  • MIL-OSI Russia: Financial news: IIS-3 gaining popularity among broker clients

    Translation. Region: Russian Federal

    Source: Central Bank of Russia –

    In January-March, the growth of brokerage IIS slowed down compared to the fourth quarter (82 thousand versus 137 thousand), but remains significantly higher than at the beginning of 2024, when this instrument first appeared on the market and investors assessed its advantages.

    According to the largest market participants, a total of about 866 thousand IIS of the third type were opened (198 thousand in the first quarter of 2025). Over 90% are new accounts, the rest were converted from IIS of the first and second types.

    Despite the fact that the inflow of funds to IIS has decreased slightly compared to the previous quarter, it still remains at a high level. Net client contributions and positive revaluation of securities contributed to the growth of IIS portfolios — up to 637 billion rubles. According to the largest companies, the value of assets in IIS type 3 alone amounted to 183 billion rubles (67 billion rubles per quarter).

    Read more in the article “Trends in the Individual Investment Accounts Segment in Q1 2025”.

    Preview photo: dotshock / Shutterstock / Fotodom

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //vv. KBR.ru/Press/Event/? ID = 24619

    MIL OSI Russia News –

  • MIL-OSI China: Record visitors to Beyond Expo shows China’s tech momentum

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

    UBTech’s humanoid robots steal the show at Beyond Expo 2025’s opening ceremony in Macao, May 21, 2025. [Photo courtesy of Beyond Expo]

    The fifth annual Beyond Expo kicked off in the Macao Special Administrative Region this week with its biggest turnout yet, reflecting China’s rising prominence in global tech innovation.

    More than 1,200 exhibitors, 500 startups and 80 unicorn companies crammed into the Venetian Macao Cotai Expo on Thursday, with organizers expecting 30,000 visitors. The event has tripled in size since its 2021 debut.

    “When we first established Beyond Expo in 2021, we wanted to showcase the technological advancement of Asia,” said the expo’s co-founder Gang Lu. “We are delighted to be celebrating our fifth year with over 800 companies — the largest number of participants to date from all over the world.”

    This year’s expo rides China’s tech sector hot streak, following DeepSeek’s splashy launch earlier this year. And the Wednesday night opening ceremony wasted no time showcasing the country’s technological prowess, with UBTech’s humanoid robots stealing the show.

    The Shenzhen company recently partnered with Huawei to combine AI systems with robotics expertise — a marriage that could cement China’s already formidable position in the sector. Mass production will begin this year, company officials said.

    The opening ceremony also celebrated China’s cosmic ambitions. Wang Jian, founder of Alibaba Cloud and now head of Zhejiang Lab, outlined plans for a 1,000-satellite network functioning as a space-based computing system. His lab launched the first dozen satellites earlier this month.

    A humanoid robot performs a piano demonstration at the Beyond Expo in Macao, May 22, 2025. [Photo courtesy of Beyond Expo]

    These high-profile innovations reflect broader trends in Asian tech development. Asia filed 70% of global patents in 2024, with China alone holding 60% of worldwide AI patents.

    “Asia is no longer just a manufacturing base — it’s now a global hub for innovation in AI, robotics and smart manufacturing,” said AI expert Kai-Fu Lee in a video address. “The scale of our markets, the speed of our adoption and the boldness of our entrepreneurs are shaping the future of technology.”

    But Lee emphasized that innovation cannot happen in silos. “It takes openness, exchange and collaboration. That’s why Beyond matters. It brings together the best of Asia and the world to share ideas, build partnerships and co-create the future.”

    This is not just aspirational talk — Beyond has assembled a speaker lineup that crosses borders, sectors and rivalries.

    Featured speakers include OpenAI’s former marketing chief Zack Kass, NBA champion and tech investor Metta Sandiford-Artest, Chinese internet pioneer Mike Cai, and esports leader Mario Ho, son of Macao’s casino magnate Stanley Ho.

    “Beyond is a platform from Asia and for Asia — creating a global stage where the world can see the region’s immense potential,” said co-founder Jason Ho, outlining the event’s core mission.

    Haofeng Fu, CEO of Japan’s Regacy Innovation Group, backed Ho’s perspective: “Asia has immense technological potential, but there’s still no truly representative platform that unites Asian innovations and connects them with the global stage. I hope that Beyond Expo can take on that mission.”

    The expo is delivering on these aspirations. This fifth edition has seen the launch of several new initiatives, including the Beyond Global Network for market entry support and the Beyond Founder’s Club, a network for high-growth startup founders across Asia, Europe and the Middle East.

    Beyond has also become a significant funding hub. More than 300 investment firms will attend this year’s Global Investment Summit, looking for new opportunities in the region. Meanwhile, the expo’s Fund at First Pitch contest will see over 150 startups compete for immediate investment, after last year’s winners cashed in with $15 million in funding.

    A futuristic air taxi prototype is displayed at the fifth annual Beyond Expo in Macao, May 22, 2025. [Photo courtesy of Beyond Expo]

    Beyond’s Macao setting is no accident. The city anchors the southern edge of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), China’s $1.9 trillion economic zone that is home to 87 million people and the country’s densest concentration of tech talent.

    “All the new kids on the block are linked to Shenzhen and the Greater Bay Area,” said Laurent Le Pen, CEO of Shenzhen-based tech wearables firm Omate. “You can think about DJI, Insta360, the smartphone kings — Oppo, Vivo, OnePlus, Nothing — and now cars like XPeng and Huawei.”

    Le Pen emphasized the importance of hosting the expo in the GBA, adding: “We’re all cooperating in the internationalization of Shenzhen and the Greater Bay Area.”

    Beyond Expo 2025 runs until May 24.

    MIL OSI China News –

  • MIL-OSI New Zealand: Building consent exemption for granny flats a step closer

    Source: NZ Music Month takes to the streets

    New Zealanders are a step closer to being able to build a granny flat of up to 70 square metres in their backyard following the successful first reading of the Building and Construction (Small Standalone Dwellings) Bill in Parliament. 
     
    “It’s currently far too hard to build the homes New Zealanders need, with even the simplest dwellings requiring time-consuming and costly consent processes,” RMA Reform and Housing Minister Chris Bishop says. 

    “We know increasing housing availability directly translates to lower living costs for our communities. That’s why the coalition Government is committed to making it faster and more affordable to build granny flats. These simple dwellings have the potential to be part of the solution for providing families with more housing options, particularly for grandparents, people with disabilities, young adults and workers in the rural sector.  

    “Following public consultation which received huge support, the Government agreed earlier this year to allow granny flats of up to 70 square metres to be built without resource or building consents.

    “We’re removing the requirement for a resource consent through our updated package of National Direction under the Resource Management Act which will be in place by the end of this year, and today’s first reading of the Building and Construction (Small Standalone Dwellings) Bill ensures we’ll remove the requirement for a building consent at around the same time.” 

    Building and Construction Minister Chris Penk says removing consent requirements for granny flats will boost productivity in the building sector.  
     
    “Tradies will be able to get on with the job without being bogged down by costly and time-consuming paperwork, while homeowners can have confidence their granny flat project won’t be hit by unexpected costs from delays waiting for council inspections. 
     
    “The consent exemption is expected to deliver about 13,000 more granny flats over the next ten years. That’s thousands of homes built faster and more affordably, and more consistent work for builders – without frustrating hold-ups.”  
     
    The legislation delivers on a New Zealand First–National coalition commitment to reform the building and resource consent system to simplify granny flat construction.  
     
    Associate Finance Minister Shane Jones says the changes will help lift living standards and support multigenerational living. 
     
    “This will allow older New Zealanders to maintain their independence while staying close to whānau. It’s also a practical solution for young adults, especially in rural areas where housing options are limited. 
     
    “I look forward to seeing this Bill passed by the end of the year, so families can start building these much-needed homes without delay.”

    Note to editors:

    • The Bill will exempt granny flats of up to 70 square metres from needing a building consent if:
      • The granny flat meets the requirements of being a simple design and meets the Building Code
      • Building work is carried out by authorised building professionals
      • Homeowners notify their local council before they commence building and once it is completed.
    • To support local infrastructure in growing communities, councils will charge development contributions for granny flats when issuing a Project Information Memorandum (PIM).
    • The proposed consent exemption will not apply to any building work currently in progress or existing structures that fit the specifications of a granny flat under the final exemption criteria. It will apply only to granny flats built after the exemption is in force.
    • Anyone who is unsure whether their building work needs a building or resource consent should check with their local council. 

    MIL OSI New Zealand News –

  • MIL-OSI Security: Nineteen Members of a Drug Trafficking Ring Indicted in Cleveland

    Source: US FBI

    CLEVELAND – A federal grand jury in the Northern District of Ohio has returned a 29-count indictment against 19 members and associates of a Cleveland drug trafficking ring. Those charged are Derek Brantley, 41, Cleveland Heights; Juan Johnny Colon, 42, Cleveland; Luis Joel Rondon, 44, Cleveland; Sydney Anthony, 25, Parma Heights; Ryan Bell, 39, Brunswick; Mark Byrd, 44, Cleveland; Nicholas Calvert, 37, Avon Lake; Jocelyn Dolan, 22, Newton Falls; Antonio Greenlee, 37, Cleveland; Andre Jenkins, 43, Cleveland; Melanie Crespo, 32, Elyria; Jordan Marsh, 27, Cleveland; Nicholas Malusky, 38, Parma; Sean Masters, 54, Fort Pierce, Florida; Brandon Payne, 32, Cleveland; Lee Pomales, 38, Cleveland; Mason Pulvino, 28, North Ridgeville; Martha Rios, 68, Cleveland; and Kalem Watts, 45, Cleveland.

    Federal and local law enforcement agents and officers made the apprehensions in a series of coordinated arrests.

    According to court documents, from October 2023 to December 2024, the defendants charged were alleged to have trafficked various controlled substances but were mostly dealing cocaine. Although based in Cleveland, the ring operated throughout Northeast Ohio and as far away as Fort Bragg, North Carolina. Their operations also included attempts to infiltrate the Ohio prison system.

    Throughout the investigation, authorities seized thousands of dollars in cash and a number of illegal drugs that included cocaine, methamphetamine, and fentanyl. Several illegally possessed firearms were also confiscated throughout the investigation.

    During the investigation, several locations in Cleveland were found to be used as stash houses to store and package cocaine and methamphetamine, as well as store firearms.

    An indictment is merely an allegation. Defendants are presumed innocent and entitled to a fair trial in which it will be the government’s burden to prove guilt beyond a reasonable doubt.

    If convicted, each defendant’s sentence will be determined by the Court after review of factors unique to the case, including each defendant’s prior criminal record, if any, their role in the offense, and the characteristics of the violation. In all cases, the sentence will not exceed the statutory maximum, and, in most cases, it will be less than the maximum.

    This prosecution is part of an Organized Crime Drug Enforcement Task Force (OCDETF) Strike Force Initiative, which provides for the establishment of permanent multi-agency task force teams that work side-by-side in the same location. This co-located model enables agents from different agencies to collaborate on intelligence-driven, multi­-jurisdictional operations to disrupt and dismantle the most significant drug traffickers, money launderers, gangs, and transnational criminal organizations.

    The specific mission of the OCDETF Cleveland Strike Force is to disrupt and dismantle major criminal organizations and subsidiary organizations, including criminal gangs, transnational drug cartels, racketeering organizations, and other groups engaged in illicit activities that present a threat to public safety and national security and are related to the illegal smuggling and trafficking of narcotics or other controlled substances, weapons, humans, or the illegal concealment or transfer of proceeds derived from such illicit activities in the Northern District of Ohio. The OCDETF Cleveland Strike Force is composed of agents and officers from the Federal Bureau of Investigation (FBI), Drug Enforcement Administration (DEA), Bureau of Alcohol, Tobacco, Firearms (ATF), and Explosives, Homeland Security Investigations, United States Marshals Service (USMS), U.S. Postal Inspection Service, Internal Revenue Service, and U.S. Border Patrol, along with task force officers from numerous local law enforcement agencies, including the Cleveland Division of Police. Prosecutions are led by the Office of the United States Attorney for the Northern District of Ohio.

    This case was investigated by the FBI Cleveland Division.

    Assistant United States Attorney Robert F. Corts for the Northern District of Ohio is leading the prosecution in this case.

    MIL Security OSI –

  • MIL-OSI Security: Durant Resident Sentenced to 32 Years for Second Degree Murder

    Source: US FBI

    MUSKOGEE, OKLAHOMA – The United States Attorney’s Office for the Eastern District of Oklahoma announced that Kyle Hunter Laws Duffner, age 27, of Durant, Oklahoma, was sentenced to 384 months in prison for one count of Murder in Indian Country—Second Degree.

    The charge arose from an investigation by the Durant Police Department and the Federal Bureau of Investigation.

    On December 4, 2024, Duffner pleaded guilty to unlawfully killing a child with malice aforethought.  According to investigators, on June 27, 2021, law enforcement responded to a 911 call of a non-responsive infant.  The child was life-flighted for care but succumbed to injuries shortly after transfer.  During treatment, medical professionals discovered signs of acute rib fractures, older rib fractures in various stages of healing, and a possible head injury.  A post-mortem examination revealed a skull fracture symptomatic of blunt force impact in the early stages of healing, multiple contusions to the forehead, jaw, and chest, and rib fractures consistent with at least three events of blunt force trauma.

    The crime occurred in Bryan County, within the boundaries of the Choctaw Nation Reservation, in the Eastern District of Oklahoma.

    The Honorable Ronald A. White, Chief U.S. District Judge in the United States District Court for the Eastern District of Oklahoma, presided over the hearing.  Duffner will remain in the custody of the U.S. Marshals Service pending transportation to a designated United States Bureau of Prisons facility to serve a non-paroleable sentence of incarceration.

    Assistant U.S. Attorney Nicole Paladino represented the United States.

    MIL Security OSI –

  • MIL-OSI Security: Guatemalan Sentenced for Heroin and Methamphetamine Distribution

    Source: US FBI

    FRESNO, Calif. — Donis Ariel Maldonado, 29, aka Donis Maldonado Reyes, aka “Danny,” a Guatemalan national residing in El Monte, was sentenced today to four years and three months in prison for conspiring to distribute and possess with intent to distribute heroin and methamphetamine, Acting U.S. Attorney Michele Beckwith announced.

    According to court documents, Maldonado conspired with others to distribute 22 pounds of black tar heroin and 88 pounds of methamphetamine sourced from Mexico. On June 23, 2019, Maldonado retrieved the drugs from San Diego and transported them to El Monte. The next day, Maldonado delivered the drugs to an informant, who was acting at the direction of law enforcement, at a convenience store in El Monte. The drugs were valued at $300,000.

    This case was the product of an investigation by the Federal Bureau of Investigation, the Drug Enforcement Administration, the Fresno County Sheriff’s Office, the High Impact Investigation Team (HIIT), a High Intensity Drug Trafficking Area Initiative (HIDTA), which consists of personnel from the California Department of Justice, Fresno Police Department, Fresno County Sheriff’s Office, Fresno County District Attorney’s Office, California Highway Patrol, Madera County Sheriff’s Office, Tulare County Sheriff’s Office, Kings County Sheriff’s Office, and the California Department of Corrections and Rehabilitation. Assistant United States Attorney Karen Escobar prosecuted the case.

    The case was investigated under the Organized Crime Drug Enforcement Task Forces (OCDETF). OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. For more information about Organized Crime Drug Enforcement Task Forces, please visit Justice.gov/OCDETF. 

    MIL Security OSI –

  • MIL-OSI Security: FBI Philadelphia Recognizes National Senior Fraud Awareness Day

    Source: US FBI

    National Senior Fraud Awareness Day is May 15, and FBI Philadelphia wants to remind families, friends, and caregivers, of the fraud schemes that target older Americans.

    In April, the FBI released the annual Internet Crime Complaint Center (IC3) Elder Fraud report. This annual publication provides statistics about incidents of elder fraud—or fraud that explicitly targets older Americans’ money or cryptocurrency—that are reported to IC3. The goal of this report is to inform the public of the scams impacting the country and prevent future and repeat incidents.

    In 2024, those over the age of 60 filed over 147,000 complaints to the IC3, with over $4.8 billion in reported losses, a 43% increase in losses from 2023. Across the nation, phishing and spoofing schemes were the most reported scams impacting older Americans, with over 23,000 complaints. Investment fraud resulted in the most reported victim losses, with about $1.8 billion in losses.

    “Criminals continue to launch calculated and deliberate attacks against a uniquely vulnerable population, our senior citizens. Threat actors systematically prey on their savings, their identity, and their sense of security,” said FBI Philadelphia Assistant Special Agent in Charge Nicole Sinegar. “National Senior Fraud Awareness Day is a critical reminder of the growing threat that financial scams and frauds pose to our older citizens. We urge families, friends, and caregivers to have an open and continuous dialogue about the scams threatening older Americans and empower them to report suspected schemes to law enforcement.”

    Ways to protect yourself include:

    • Recognize scam attempts and end all communication with the perpetrator.
    • Search online for the contact information (name, email, phone number, addresses) and the proposed offer. Other people have likely posted information online about individuals and businesses trying to run scams.
    • Resist the pressure to act quickly. Scammers create a sense of urgency to produce fear and lure victims into immediate action. Call the police immediately if you feel there is a danger to yourself or a loved one.
    • Be cautious of unsolicited phone calls, mailings, and door-to-door service offers.
    • Never give or send any personally identifiable information, money, jewelry, gift cards, checks, or wire information to unverified people or businesses.
    • Make sure all computer anti-virus and security software and malware protections are up to date. Use reputable anti-virus software and firewalls.
    • Be careful what you download. Never open an email attachment from someone you don’t know, and be wary of email attachments forwarded to you.

    If you or someone you know may have been a victim of elder fraud, contact FBI Philadelphia at (215) 418-4000, or submit a tip online at tips.fbi.gov. If the suspected fraud was Internet-facilitated, you can also file a complaint with the FBI’s Internet Crime Complaint Center at ic3.gov.

    To find additional elder fraud resources, visit: https://www.fbi.gov/how-we-can-help-you/scams-and-safety/common-scams-and-crimes/elder-fraud

    MIL Security OSI –

  • MIL-OSI Security: Operation Enforce and Remove

    Source: US FBI

    Joint Operation Involving Federal and Local Law Enforcement Results In More Than 450 Arrests of Illegal Immigrants and Suspected Drug Criminals Across Arkansas

          LITTLE ROCK—The largest collaborative police effort to enforce federal immigration laws in Arkansas’s history resulted in the arrest of 219 illegal immigrants over the past three weeks. Jonathan D. Ross, United States Attorney for the Eastern District of Arkansas, and Clay Fowlkes, United States Attorney for the Western District of Arkansas, announced the culmination of “Operation Enforce and Remove,” an arrest operation across the state that involved all federal law enforcement agencies operating in Arkansas, as well the Arkansas State Police and all 19 Arkansas Judicial Drug Task Forces, who coordinated and organized the overall operation. In addition to assisting with immigration enforcement, these task forces also arrested 253 individuals suspected of committing drug crimes and seized nearly 15,000 pounds of illegal drugs worth millions of dollars and 43 guns.

          Immigration and Customs Enforcement (ICE) agents collaborated with the Federal Bureau Investigation (FBI), Drug Enforcement Administration (DEA), Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF), and the U.S. Marshals Service, as well as the Drug Task Forces and Arkansas State Police, to arrest 219 illegal immigrants during the three weeks of this enforcement operation, which began February 5. In total, since January 21, when President Donald Trump issued executive orders designed to prioritize the enforcement of immigration laws, 375 illegal immigrants have been arrested in Arkansas.

          “On January 21, the Department of Justice issued a memo to all Department components, to include all U.S. Attorney’s Offices, the DEA, FBI, ATF, and U.S. Marshals, instructing each agency to partner with the U.S. Immigration and Customs Enforcement to focus our resources and attention to immigration-related investigations and prosecutions at the federal, state, and local level,” U.S. Attorney Ross said.

          “The memo outlined policy changes in response to the President’s day one Executive Orders and provided guidance critical to the Department’s mission to combat three of the most serious threats facing the American people: First, cartels and other transnational criminal organizations which have created unsafe borders and huge flows of illegal immigration in violation of U.S. law. Second, brutal and intolerable violent crime by members of these organizations and illegal aliens. Third, the fentanyl crisis and opioid epidemic that are poisoning our communities and have inflicted an unprecedented toll of addiction, suffering, and death.

          “Because the Justice Department must and will work to eradicate these threats, the U.S. Attorney’s Offices in Arkansas along with each of our federal law enforcement partners will continue to prioritize working with ICE to aggressively enforce the immigration and drug-and-violent crime laws enacted by Congress. When these efforts are combined with our partnerships with our outstanding state and local law enforcement officials, we are confident that this first operation will lead to additional successful operations in the days ahead.”

          “Our commitment to safeguarding communities in western Arkansas remains steadfast as we implement increased immigration enforcement efforts,” U.S. Attorney Fowlkes said. “We are dedicated to upholding the law and ensuring public safety while maintaining the highest standards of law enforcement and prosecution. Through collaboration with our federal law enforcement partners, we will address the challenges of illegal immigration and protect our communities from criminals who seek to illegally enter the United States and subject our communities to their criminal activities and associated violence.”

          In preparation for “Operation Enforce and Remove,” ICE, working with other federal and local partners, developed intelligence related to the locations of known illegal immigrants. The individuals these agents sought to arrest and remove had previous encounters with law enforcement, and therefore had known addresses in various databases. Some offenders were previously convicted of crimes, while others had some type of prior contact with law enforcement. All were in the country illegally and will be deported. Of the 219 arrests of illegal immigrants during the enforcement operation, 127 individuals were processed through the ICE Enforcement and Removal office in Little Rock, 57 were processed through the Fayetteville office, 23 through the Fort Smith office, and 17 individuals through the Texarkana office.

          The illegal immigrants located in Arkansas came from 23 different countries. The crimes some of these individuals were previously convicted of include: battery, aggravated assault, robbery, drug possession and distribution, domestic violence, sexual assault, illegal firearm possession, running an illegal casino, forgery, hit-and-run, indecent exposure, and sexual assault against a minor.

          “We will continue to use every tool and resource available to identify, locate and apprehend those criminal aliens that threaten public safety,” said Larry Adams, ICE Assistant Field Office Director. “Our enforcement efforts are unwavering and our dedication to protecting our communities remains stronger than ever.”

          At the same time that ICE was engaged in immigration operations, Drug Task Force officers were conducting numerous drug investigations that involved highway interdiction, controlled purchases of narcotics, the execution of search warrants, and other methods aimed at arresting individuals known to be involved in drug trafficking. In addition to the 253 drug-related arrests and 43 guns seized, officers across the state seized the following drugs: 225 pounds of methamphetamine, 65 pounds of cocaine, 14,542 pounds of marijuana, and 2,681 fentanyl pills and 90 grams of fentanyl powder. The street value of these drugs, broken down to a user level, is potentially hundreds of millions of dollars. These individuals will be prosecuted at either the state or federal level, depending on the particular case.

          The 472 arrests announced today are the culmination of the first, but not last, collaborative federal and state law enforcement effort designed to carry out the Department of Justice’s mission, and help keep all Arkansans safe.

    # # #

    Additional information about the office of the

    United States Attorney for the Eastern District of Arkansas, is available online at

    https://www.justice.gov/edar

    X (formerly known as Twitter):

    @USAO_EDAR 

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  • MIL-OSI Security: Winslow Man Sentenced to Eight Years in Federal Prison for Possession of Biological Weapon

    Source: US FBI

    FAYETTEVILLE – A Winslow, Arkansas man was sentenced yesterday to 96 months in prison without the possibility of parole for Possession of a Biological Agent.  The Honorable Judge Timothy L. Brooks presided over the sentencing hearing, which was held in the U.S. District Court in Fayetteville.

    According to court documents, in January 2024, a concerned citizen made an anonymous tip to the Washington County Sherriff’s office that Jason Kale Clampit, age 44, was manufacturing and may have poisoned one of his family members with ricin. Thereafter, an investigation revealed that Clampit had, in fact, produced ricin at his residence in Winslow, Arkansas, for the stated purpose of setting traps for trespassers. The investigation likewise revealed that during the manufacturing process, Clampit inadvertently exposed himself to ricin, which made him extremely ill. On January 24, 2025, a federal search warrant was executed by both the Bentonville Bomb Squad and an FBI Bioweapon Specialist team, which resulted in the confiscation of several items associated with processing ricin, and suspected ricin byproducts. On that same day, Clampit was taken into custody. While in jail, he made statements on a monitored phone call in which he directed others to dispose of liquid ricin contained in a jar that was secreted in a camper on his property. After listening to the monitored call, FBI agents responded quickly, contacted the individual Clampit directed, and located, in a trash can, a jar containing processed ricin.

    Clampit was indicted by a Grand Jury in the Western District of Arkansas in March 2024. He entered a plea of guilty in October 2024.

    U.S. Attorney Clay Fowlkes of the Western District of Arkansas made the announcement.

    The Federal Bureau of Investigation, the Washington County Sheriff’s Office, the Bentonville Police Department, and the Arkansas Department of Corrections Division of Community Correction (probation and parole) all investigated the case.

    Assistant U.S. Attorney Dustin Roberts prosecuted the case on behalf of the United States.

    Related court documents may be found on the Public Access to Electronic Records website @ www.pacer.gov. 

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  • MIL-OSI Security: 30-Year-Old Murder Solved

    Source: US FBI

    The 2012 Latent Hit of the Year Award was presented last month to two employees of the Omaha Police Department—Detective Douglas Herout and Senior Crime Laboratory Technician Laura Casey—for their efforts to identify the man responsible for a brutal murder more than 30 years ago.

    The crime: In 1978, 61-year-old Carroll Bonnet was stabbed to death in his apartment. Police collected evidence, including latent fingerprints and palmprints from the victim’s bathroom (officers believed the killer was trying to wash off blood and other evidence before leaving the apartment). The victim’s car was then stolen.

    The investigation: The car was found in Illinois, but after collecting additional latent prints, investigators couldn’t develop any new leads. The crime scene evidence was processed, and latent prints recovered from the scene and the car were searched against local and state fingerprint files. Investigators also sent fingerprint requests to agencies outside Nebraska, but no matches were returned and the case soon went cold.

    The re-investigation: In late 2008, the Omaha Police Department received an inquiry on the case, prompting technician Laura Casey to search the prints against IAFIS (which didn’t exist in 1978). In less than five hours, IAFIS returned possible candidates for comparison purposes. Casey spent days carefully examining the prints and came up with a positive identification—Jerry Watson, who was serving time in an Illinois prison on burglary charges.

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