Category: Finance

  • MIL-OSI Security: New Orleans Man Sentenced for Possessing Stolen Car and Drug and Weapons Violations

    Source: Office of United States Attorneys

    NEW ORLEANS, LOUISIANA –MERVYN LUCAS (“LUCAS”), age 33, was sentenced on February 6, 2025 by U.S. District Judge Eldon E. Fallon to 75 months in prison followed by 3 years of supervised release, along with a $300 mandatory special assessment fee, after previously pleading guilty to possession with intent to distribute marijuana, in violation of 21 U.S.C. §§ 841(a)(1) and 841(b)(1)(D); possession of a firearm in furtherance of a drug trafficking crime, in violation of 18 U.S.C. § 924(c)(1)(A)(i); and possession of a car stolen from the Norfolk Southern Railyard, in violation of 18 U.S.C. § 659.

    According to court documents, law enforcement tracked a brand new, $80,000 Ford F-150 Raptor stolen from the Norfolk Southern Railyard to LUCAS’s residence.  The vehicle had a fraudulent temporary license plate and inside the residence, in an envelope addressed to LUCAS,there was a second fraudulent plate.  Law enforcement also found over 10 pounds of vacuum-sealed marijuana in LUCAS’s residence that he intended to distribute.  Additionally, they found a Romarm/Cugir Model Micro Draco AK-47-style firearm, loaded with over 40 rounds of ammunition, that LUCAS possessed in furtherance of his drug trafficking crime.

    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 Homeland Security Investigations and the Louisiana State Police.  It is being prosecuted by Assistant United States Attorney David Berman of the Violent Crime Unit.

    MIL Security OSI

  • MIL-OSI New Zealand: Going for Growth: Unlocking investment in NZ

    Source: New Zealand Government

    The Government is modernising visa settings to incentivise migrants to invest in New Zealand.
    “Foreign investment has the potential to provide jobs for Kiwis, lift incomes by delivering new businesses and investing in existing ones. We should be rolling out the welcome mat and encouraging investor migrants to choose New Zealand as a destination for their capital,” Economic Growth Minister Nicola Willis says.
    “Unfortunately, changes made to the Active Investor Plus (AIP) visa category by the previous government had the effect of discouraging potential investors from seeking New Zealand residence. Since 2022, migrants entering New Zealand under the AIP category have invested just $70 million. By contrast, in the two years prior to COVID-19 migrants invested $2.2 billion.
    “Rather than turning potential investors away, this Government is intent on welcoming people who want to contribute to New Zealand. We are already making it easier for digital nomads to work remotely while visiting here and have established Invest New Zealand to promote investment into this country,” Ms Willis says.
    “Capital is highly mobile and in an increasing complex world, people are looking for a safe and stable country to do business. We are now making our investor visa simpler and more flexible to incentivise investors to choose New Zealand as a destination not just for their capital, skills and international connections, but to build a life for themselves and their family here,” Immigration Minister Erica Stanford says.
    From 1 April the current complex weighting system for the AIP will be replaced with two simplified investment categories:

    The Growth category will focus on higher-risk investments, including direct investments in New Zealand businesses. It will require a minimum investment of $5 million for a minimum period of three years.
    The Balanced category will focus on mixed investments, with the ability to choose ones that are lower risk. There will be a minimum investment of $10 million over five years. 

    Other changes include expanding the scope of acceptable investments and removing potential barriers to investment, such as the English language requirement.
    “Incentivising, simplifying and broadening the investment offerings will make New Zealand more attractive and accessible to more foreign high-value investors. These changes will turbocharge our economic growth, bringing brighter days ahead for all Kiwis,” Ms Stanford says.

    MIL OSI New Zealand News

  • MIL-OSI Security: Mississippi Man Sentenced for Bank Fraud Conspiracy and Violating Supervised Release

    Source: Office of United States Attorneys

    NEW ORLEANS – U.S. Attorney Duane A. Evans announced that JOHN SPOSATO (“SPOSATO”), age 73, a resident of Kiln, Mississippi, was sentenced February 6, 2025 by United States District Judge Eldon E. Fallon to 10 months in prison and three years of supervised release, after previously pleading guilty to conspiracy to commit bank fraud, in violation of Title 18, United States Code, Sections 371 and 1344.  Separately, United States District Judge Susie Morgan sentenced SPOSATO to 6 months in prison, to be served consecutively to the sentence imposed by Judge Fallon, for violating the terms of his supervised release from a prior conviction in United States v. Sposato, 15-134 (E.D. La.).

    According to court documents, SPOSATO began serving a three-year period of supervised release after his release from prison because of his previous conviction on about August 9, 2022, in United States v. John Sposato, 15-134 (E.D. La.).  While on supervised release, SPOSATO claimed to be President of several companies, including Pegasus Consulting and Development, LLC (“Pegasus Consulting”).  These companies neither performed work nor generated income. SPOSATO opened a financial account at Keesler Federal Credit Union in the name of Pegasus Consulting and on March 27, 2023, attempted to deposit a $10,000.00 check he received from a co-conspirator, knowing it to be counterfeit.  The check was purportedly drawn on the financial account of an all-volunteer, non-profit, tax-exempt organization that supported a Florida public library.  SPOSATO’s attempted deposit placed Keesler at risk of both civil liability and financial loss.  When asked about the check, SPOSATO falsely told a United States Probation Officer that the check was compensation for consulting work he performed, both directly and through an associate named “Jack Morgan,” for the non-profit entity. In fact, SPOSATO knew he was not entitled to the check and had never performed work for the non-profit.

    U.S. Attorney Evans praised the work of the United States Probation Office and Federal Bureau of Investigation in investigating this matter.  Assistant United States Attorney Jordan Ginsberg, Chief of the Public Integrity Unit, was in charge of the prosecution.

    MIL Security OSI

  • MIL-OSI China: China allocates disaster relief funds to support landslide-hit Sichuan

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

    BEIJING, Feb. 8 — China has allocated 80 million yuan (about 11.16 million U.S. dollars) to support disaster relief and recovery efforts after a landslide in the southwestern Sichuan Province buried 10 houses and left over 30 people missing on Saturday.

    Some 50 million yuan, allocated by the National Development and Reform Commission from the central budget, will be used to restore infrastructure and public facilities in affected areas, according to authorities.

    Also on Saturday, the Ministry of Finance, in conjunction with the Ministry of Emergency Management, allocated 30 million yuan from central natural disaster relief funds to support Sichuan in its rapid organization of rescue efforts.

    The funds will be spent on search and rescue work, risk assessment and emergency response measures, and investigating potential secondary-disaster hazards to minimize casualties, according to the ministry.

    The landslide occurred at about 11:50 a.m. in Jinping Village, which is located in Junlian County in the city of Yibin. Two people were rescued in the afternoon, and approximately 200 people have been evacuated.

    The finance ministry has instructed Sichuan’s provincial finance authorities to disburse the funds to affected areas promptly, and to maximize their effectiveness.

    Taking the latest developments of the situation into consideration, the Ministry of Natural Resources has upgraded an emergency geological disaster control response from Level III to Level II, and dispatched a team led by Vice Minister of Natural Resources Xu Dachun to guide on-site relief efforts.

    MIL OSI China News

  • MIL-OSI Australia: Asean-Australia Centre Advisory Board Chair appointment

    Source: Australian Government – Minister of Foreign Affairs

    Today I announce the appointment of Professor Mimi Tang as the inaugural Chair of the ASEAN-Australia Centre Advisory Board.

    The ASEAN-Australia Centre was launched in November 2024, as part of the Albanese Government’s ongoing work to deepen engagement with Southeast Asia and support the implementation of Invested: Australia’s Southeast Asia Economic Strategy to 2040.

    The Centre’s programs and activities will strengthen Australia’s partnership with ASEAN and increase business, cultural and community connections. Professor Tang is an internationally recognised immunologist allergist and is a leading expert in food oral immunotherapy. She is Head of the Allergy Immunology Research Group and Director of the Allergy Translation Centre at Murdoch Children’s Research Institute, Professorial Fellow at the University of Melbourne Department of Paediatrics and Consultant Immunologist Allergist at Melbourne’s Royal Children’s Hospital.

    Professor Tang is also CEO and Scientific Founder of Prota Therapeutics, a biotech startup that is developing a novel treatment for peanut allergy. Her pioneering research has transformed the way food allergies are managed in children.

    Professor Tang’s ties to Southeast Asia are strong. She was born in Singapore and spent her early childhood in Malaysia before moving to Australia in primary school. She credits her family’s move to Australia to her father’s involvement as a Malaysian participant of the original Colombo Plan.

    Professor Tang’s personal and professional ties to Southeast Asia, combined with her research and business expertise will enable her to make a strong contribution to the ASEAN-Australia Centre.

    MIL OSI News

  • MIL-OSI USA: Governor Newsom announces appointments 2.7.25

    Source: US State of California 2

    Feb 7, 2025

    SACRAMENTO – Governor Gavin Newsom today announced the following appointments:

    Khalil “KC” Mohseni, of Sacramento, has been appointed Commissioner of the California Department of Financial Protection and Innovation, where he has been the Chief Deputy Director since 2023. Mohseni was the Chief Operating Officer at the State Controller’s Office from 2022 to 2023. He was the Deputy Director of Administration at the California Department of Housing and Community Development from 2020 to 2022. Mohseni was a Project Director of Business at the Business, Consumer Services, and Housing Agency from 2018 to 2019. He was the Chief Fiscal officer at the Board of State and Community Corrections from 2015 to 2018. Mohseni earned a Juris Doctor degree from the University of California, Davis School of Law, and a Bachelor of Arts degree in Political Science from the University of California, Irvine. This position requires Senate confirmation, and the compensation is $224,868. Mohseni is registered without party preference. 

    Kelly Madsen, of Elk Grove, has been appointed Director of Enterprise Risk Management and Compliance at the California Housing Finance Agency, where she has been the Deputy Director of Innovation and Special Initiatives since 2024. Madsen was a Business Manager at the Waverley Street Foundation in 2023. She was the Director of Scheduling at the Office of Governor Gavin Newsom from 2021 to 2022. Madsen was a Digital Advertising Consultant and Operations Manager at Psyberware from 2017 to 2021. She was a Product Data Analyst at Viator from 2015 to 2018. Madsen held two positions at the California Department of Education, Office of State Superintendent of Public Instruction Tom Torlakson from 2011 to 2014, including Strategic Initiatives Coordinator and Policy Advisor from 2012 to 2014 and Director of Scheduling from 2011 to 2012. She was the Director of Scheduling at the Office of Governor Arnold Schwarzenegger from 2008 to 2010. Madsen earned a Bachelor of Arts degree in Political Science from the University of California, Davis. This position does not require Senate confirmation, and the compensation is $152,988. Madsen is a Democrat.

    Adam P. Romero, of Los Angeles, has been appointed Chief Deputy Director at the Department of Industrial Relations. Romero has been Deputy Director of Executive Programs at the California Civil Rights Department since 2020. He was an Adjunct Professor at University of California, Los Angeles School of Law from 2017 to 2020. Romero held several roles at The Williams Institute at University of California, Los Angeles School of Law from 2014 to 2020, including Director of Legal Scholarship and Federal Policy, Arnold D. Kassoy Scholar of Law, and Senior Counsel. He was Senior Associate at Wilmer Cutler Pickering Hale and Dorr from 2010 to 2014. Romero served as a Law Clerk for the Honorable Judge Shira A. Scheindlin at the U.S. District Court, Southern District of New York from 2009 to 2010 and for the Honorable Judge M. Margaret McKeown at the U.S. Court of Appeals, Ninth Circuit from 2008 to 2009. He is a member of the Chancery Club of Los Angeles. Romero earned a Juris Doctor degree from Yale Law School and a Bachelor of Arts degree in Government from Cornell University. This position does not require Senate confirmation, and the compensation is $190,008. Romero is a Democrat.

    Janus Norman, of Sacramento, has been appointed to the California Workforce Development Board. Norman has been President and Chief Executive Officer of the California Broadband and Video Association since 2022. He was Senior Vice President at the California Medical Association from 2013 to 2022. Norman was a Field Representative at the American Federation of State, County and Municipal Employees – AFL-CIO from 2010 to 2013. He was a Government Analyst at the Judicial Council of California from 2008 to 2010. Norman was a Senior Consultant for the California State Assembly from 2002 to 2008. He earned a Master of Business Administration degree from the University of Southern California and a Bachelor of Arts degree in Communication Studies from California State University, Sacramento. This position does not require Senate confirmation, and the compensation is $100 per diem. Norman is a Democrat.

    Hala Hijazi, of San Francisco, has been appointed to the California Workforce Development Board. Hijazi has been the Founder and Chief Operating Officer at Impact Strategies-SF since 2014. She was a Business Development Manager in the Infrastructure and Labor Division at the San Francisco Public Utilities Commission from 2007 to 2014. Hijazi was a Project Director for the San Francisco Department of Public Works from 2004 to 2007. She was Deputy Director of Marketing for the Mayor’s Office of Economic Development and Special Assistant to the Mayor at the Office of San Francisco Mayor Willie L. Brown, Jr. from 1997 to 2004. Hijazi is the Founder of Professionals VIP Network/Impact Council and San Francisco Bay Area AMEMSA Advisory Board and Muslim Impact Council, Chair of the Board of Directors at Reproductive Freedom for All California PrivacyPAC and Director of the San Francisco Chapter of the Truman National Security Project. She is a Member of the Board of Directors at the American Red Cross, Northern California Coastal Region and Interfaith Center at the Presidio, an Advisor to the Human Rights Studies Program at University of California, Davis and a Member of the Regional Advisory Council for DignityMoves, Democratic National Committee’s Finance Committee, San Francisco Police Department Police Chief’s Community Policing Advisory Forum, and the Leadership Circle at Foreign Policy for America. She earned a Bachelor of Arts degree in Sociology from University of California, Davis. This position does not require Senate confirmation, and the compensation is $100 per diem. Hijazi is a Democrat.

    Charles “Chuck” Poss III, of Huntington Beach, has been appointed to the California Apprenticeship Council. Poss has been the President at Earth Construction and Mining since 2004. He was the Chief Estimator and Senior Project Manager at C.W. Poss Inc. from 1980 to 2004. Poss earned a Bachelor of Science degree in Construction Engineering from Purdue University. This position does not require Senate confirmation, and the compensation is $100 per diem. Poss is a Republican.

    Alejandro “Alex” Beltran, of Antelope, has been appointed to the California Apprenticeship Council. Beltran has been the Director of Training at the Finishing Trades Institute of Northern California and Nevada since 2008. He was a Journey Worker at Sacramento Glazing from 1997 to 2008. Beltran is a member of the Glaziers Local Union 767, District Council 16 International Union of Partners and Allied Trades. This position does not require Senate confirmation, and the compensation is $100 per diem. Beltran is a Democrat.

    Adhitya “Adhi” Nagraj, of Oakland, has been reappointed to the California Housing Partnership Corporation, where he has served since 2016. Nagraj has been the Chief Development Officer at McCormack Baron Salazar since 2022. He was Senior Vice President at McCormack Baron Salazar from 2019 to 2022. Nagraj was the San Francisco Director at SPUR from 2018 to 2019. He was the Director of Real Estate Development at BRIDGE Housing Corporation from 2013 to 2018. Nagraj earned a Juris Doctor degree from Columbia Law School. This position requires Senate confirmation, and there is no compensation. Nagraj is a Democrat.

    Pamela Daniels, of El Granada, has been reappointed to the Board of Chiropractic Examiners, where she has served since 2021. Daniels has been a Chiropractor at Daniels Chiropractic Inc. since 2003, where she is also the Owner and Founder. Daniels earned a Doctor of Chiropractic degree from Palmer College of Chiropractic West and a Master of Science degree in Clinical Neuroscience from the Carrick Institute. She is a member of the California Chiropractic Association. This position does not require Senate confirmation, and the compensation is $100 per diem. Daniels is a Democrat.

    Sergio F. Azzolino, of San Francisco, has been appointed to the Board of Chiropractic Examiners, where he previously served from 2012 to 2021. Azzolino has been the Clinic Director of Azzolino Chiropractic Neurology & Integrative Wellness since 1995 and an Assistant Professor of Clinical Neurology at the Carrick Institute since 2009. He is President of the American Board of Chiropractic Neurology. Azzolino earned a Doctor of Chiropractic degree from Life Chiropractic College West.  This position does not require Senate confirmation, and the compensation is $100 per diem. Azzolino is registered without party preference.

    Press Releases, Recent News

    Recent news

    News SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills: SBX1-1 by Senator Scott Wiener (D-San Francisco) – Budget Act of 2024.SBX1-2 by Senator Scott Wiener (D-San Francisco) – Budget Act of 2024. A signing message can be found…

    News LOS ANGELES — Governor Gavin Newsom, LA28 Chairperson and President Casey Wasserman, Dodgers Chairman Mark Walter, and NBA legend Earvin “Magic” Johnson have teamed up through LA Rises to release a new PSA warning fire victims about predatory real estate…

    News What you need to know: Governor Newsom has made the recovery for Los Angeles his top priority – directing a whole-of-government response to support communities and survivors.  LOS ANGELES – In the one month following the Los Angeles firestorms, Governor Gavin…

    MIL OSI USA News

  • MIL-OSI Asia-Pac: Union Minister Dr. Virendra Kumar chairs Central Advisory Committee (CAC) for the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY)

    Source: Government of India

    Union Minister Dr. Virendra Kumar chairs Central Advisory Committee (CAC) for the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY)

    PM-AJAY plays a crucial role in addressing Socio-economic disparities, empowering SC individuals and promoting Inclusive Growth: Dr. Virendra Kumar

    Posted On: 08 FEB 2025 3:40PM by PIB Delhi

    A meeting of the Central Advisory Committee (CAC) for the Pradhan Mantri Anusuchit Jaati Abhyuday Yojana (PM-AJAY) was held today under the Chairmanship of Dr. Virendra Kumar, Union Minister of Social Justice and Empowerment and Chairperson of the CAC. The meeting focused on reviewing the progress of the scheme and formulating strategies aimed at the socio-economic upliftment of Scheduled Castes (SC) communities across India.

    Dr. Virendra Kumar thoroughly discussed the implementation of the scheme and emphasized the overarching objectives of PM-AJAY for overall Socio-Economic development of SC populated villages and SC beneficiaries.

    In the meeting State Cabinet Ministers along with Senior Officers from States/UTs, Chairperson of National Commission for Scheduled Castes, representatives of Union Ministries of Finance, Agriculture and Farmers Welfare, Rural Development, Women and Child Development, NITI Ayog, and other members of the Central Advisory Committee participated. All the members appreciated the objectives and implementation of scheme in addressing the needs of SC communities.

    Extensive discussion of the three components of the scheme  i.e Adarsh Gram, Grant-in-aid and Hostel component was done by CAC members and the important role of states/UTs were outlined. The members of CAC appreciated the significant progress made under the scheme’s three core components.

    The committee further deliberated on strategies to expand the scheme’s reach to the larger SC population and enhance its effectiveness. Emphasis was placed on strengthening collaboration at the States and District levels, fostering greater community participation, ensuring timely project implementation, and monitoring the outcomes to achieve maximum impact.

    Dr. Virendra Kumar reiterated the government’s unwavering commitment to the holistic development of SC communities, stating, “PM-AJAY plays a crucial role in addressing socio-economic disparities. Through focused interventions and collaborative efforts, we are working towards empowering SC individuals and promoting inclusive growth.”

    The meeting concluded with a call to action for all stakeholders to intensify their efforts in realizing the objectives of the scheme and ensuring sustainable development for SC communities across the nation.

    *****

    VM

    (Release ID: 2101001) Visitor Counter : 7

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: Aero India 2025

    Source: Government of India

    Aero India 2025

    A Glimpse into the Future of Aerospace and Defence Innovation

    Posted On: 08 FEB 2025 11:41AM by PIB Delhi

    Introduction

     

    Aero India, Asia’s Largest Air Show, is a biennial air show and aviation exhibition which is held in Bengaluru, organized by the Defence Exhibition Organisation, Department of Defence Production, Ministry of Defence. Aero India is India’s premier aerospace and defence exhibition where global aero vendors and the Indian Air Force (IAF) thrill the spectators with back-to-back aerobatic flying displays. It is a flagship event that brings together global industry leaders, government officials, technology experts, and defence strategists under one roof. The event not only showcases the nation’s technological prowess and innovations but also provides a dynamic platform for international cooperation and strategic dialogue.

     

         

     

    The Legacy and Importance of Aero India

     

    Aero India has evolved into a major international event that not only highlights the latest advancements in aerospace technology but also serves as a critical forum for strategic interactions between domestic and international stakeholders. The show is a reflection of the nation’s commitment to advancing its aerospace and defence capabilities. Over the years, Aero India has been instrumental in:

    • Showcasing Cutting-Edge Technologies: The event regularly features demonstrations of state-of-the-art aerospace systems, innovative defence solutions, and breakthrough technologies that are shaping the future of air and space travel.
    • Fostering Strategic Dialogues: Through high-level interactions, Aero India has provided an arena for discussions on policy, defence collaborations, and the future roadmap of the aerospace sector.
    • Enhancing International Partnerships: With participation from global aerospace giants and defence agencies, the show underscores India’s growing stature as a key player in the international aerospace community.

     

                                            

     

    This legacy has not only paved the way for the current editions of the event but has also set a high benchmark for the future. Aero India is more than an exhibition—it is a convergence point of innovation, strategy, and national pride.

     

    Aero India 2025

     

    Aero India 2025, the 15th edition of Aero India, is designed to be a landmark edition that leverages the successes of its predecessors while charting new territories in aerospace and defence technology. Aero India 2025 will be held from 10th to 14th February 2025 at Yelahanka Air Force Station, Bengaluru, Karnataka, India. The first three days are dedicated to business visitors, while the last two days are open to the general public.

     

     

    The broad theme is ‘The Runway to a Billion Opportunities’.

     

    Events at Aero India 2025

     

    The five-day event comprises a curtain raiser event, inaugural event, Defence Ministers’ Conclave, CEOs’ Round-Table, iDEX start-up event, breath-taking air shows, a large exhibition area comprising India Pavilion and a trade fair of aerospace companies.

    • To facilitate dialogue towards strategic partnership with friendly countries, India will host the Defence Ministers’ Conclave on the theme ‘BRIDGE -Building Resilience through International Defence and Global Engagement’. It encapsulates the dynamic geopolitical conditions and the path to mutual prosperity, which can be BRIDGED through cooperation among nations with shared vision of security and development.

     

     

    • A number of bilateral meetings are planned at the levels of Raksha Mantri, Raksha Rajya Mantri, Chief of Defence Staff and Secretary among others on the sidelines of the event. The focus will be on bolstering the defence and aerospace ties with friendly countries by exploring newer avenues to take the partnership to the next level.
    • The CEOs’ Round-Table is expected to provide a favourable platform to foreign Original Equipment Manufacturers (OEMs) for manufacturing in India. Global CEOs, CMDs of domestic PSUs and premier private defence & aerospace manufacturing companies from India will be participating in the event.
    • The India Pavilion will showcase India’s commitment to its Make-in-India initiative by showcasing indigenous defence manufacturing capabilities and cutting-edge technologies ready for the global stage, including the future prospects. Promotion of Indian start-ups is a focus area at Aero India 2025 and a wide spectrum of state-of-the-art technologies/products developed by them will be showcased at an exclusive iDEX pavilion.
    • In addition, dynamic aerobatic displays and live technology demonstrations will provide an immersive experience, showcasing the potential of modern aerospace platforms and technologies. A number of seminars on various important themes are also planned as part of the event.

     

     

    Aero India 2023: A Retrospective Analysis

     

    The previous editions of Aero India played a critical role in laying the groundwork for the continued evolution of India’s aerospace and defence landscape. The 14th edition of Aero India 2023 was held from 13th–17th February at Bengaluru, Karnataka and has been the largest ever edition since its inception in 1996 with more than 100 countries, 809 exhibitors, first ever Fly past with 53 aircrafts showcasing our airpower to global attendees and a total footfall of 7+ lakh visitors over five days. Aero India 2023 was characterized by a series of significant milestones and impactful demonstrations. Key aspects of the 2023 edition were:

    • Showcasing Advanced Aerospace Technologies: The 2023 event provided a platform for companies to display state-of-the-art aerospace systems and defence solutions. This not only demonstrated technological innovation but also set the stage for future advancements in the field.
    • Facilitating Strategic Engagements: Aero India 2023 was instrumental in bringing together a diverse group of stakeholders, including government officials, industry experts, and international delegations. The event fostered an environment of strategic dialogue that focused on collaborative ventures and technological partnerships.
    • Strengthening India’s Global Position: By successfully hosting a comprehensive and well-coordinated exhibition, Aero India 2023 reinforced India’s commitment to advancing its aerospace capabilities. The show also underscored the country’s readiness to engage with global partners in driving forward the next wave of aerospace innovation.

     

     

    The successes and challenges of Aero India 2023 have provided valuable lessons that are being incorporated into the planning and execution of Aero India 2025. The focus on operational excellence, international collaboration, and technological innovation—elements that were prominently on display in 2023—serve as the cornerstone for the upcoming edition. The forward momentum generated by the previous edition is expected to translate into even greater achievements in 2025, with enhanced protocols, refined strategies, and an expanded global participation footprint.

     

    Events at Aero India 2023

     

    The event comprised of a Defence Ministers’ Conclave; a CEOs Round Table; Manthan start-up event; Bandhan ceremony; breath-taking air shows; a large exhibition; India Pavilion and a trade fair of aerospace companies.

     

    Major exhibitors & equipment

    The major exhibitors included Airbus, Boeing, Dassault Aviation, Lockheed Martin, Israel Aerospace Industry, BrahMos Aerospace, Army Aviation, HC Robotics, SAAB, Safran, Rolls Royce, Larsen & Toubro, Bharat Forge Limited, Hindustan Aeronautics Limited (HAL), Bharat Electronics Limited (BEL), Bharat Dynamics Limited (BDL) and BEML Limited.

     

     

    Aero India 2023 showcased design leadership and growth in UAVs Sector, Defence Space and futuristic technologies. The event aimed to promote export of indigenous air platforms like Light Combat Aircraft (LCA)-Tejas, HTT-40, Dornier Light Utility Helicopter (LUH), Light Combat Helicopter (LCH) and Advanced Light Helicopter (ALH).

     

    Defence Ministers’ Conclave

    Defence Ministers’ Conclave was held on 14th February 2023. Defence Ministers of friendly foreign countries participated in the meeting, which was organised on the theme ‘Shared Prosperity through Enhanced Engagements in Defence (SPEED)’. The conclave addressed aspects related to deepen cooperation for capacity building (through investments, R&D, joint venture, co-development, co-production and provisioning of defence equipment), training, space, Artificial Intelligence (AI) and maritime security to grow together. The conclave was an opportunity for the defence ministers to engage with each other to carry forward the ‘Make in India, Make for the World’ vision.

     

    Bilateral meetings

    On the sidelines of Aero India 2023, a number of bilateral meetings were held at the levels of Raksha Mantri, Raksha Rajya Mantri, Chief of Defence Staff and Defence Secretary among others. The focus was on bolstering the defence & aerospace ties with friendly countries by exploring newer avenues to take the partnership to the next level.

     

    CEOs Round Table

    The ‘CEOs Round Table’, under the chairmanship of the Raksha Mantri, was held on 13th February 2023, on the theme Sky is not the limit: opportunities beyond boundaries.’ It laid the foundation of a more robust interaction between the Industry Partners and Government with an eye on bolstering the ‘Make in India’ campaign.

     

    The Round Table witnessed participation from officials, delegates and global CEOs from 26 countries including global investors such as Boeing, Lockheed, Israel Aerospace Industries, General Atomics, Liebherr Group, Raytheon Technologies, Safran, General Authority of Military Industries (GAMI) etc. Domestic PSUs like HAL, BEL, BDL, BEML Limited and Mishra Dhatu Nigam Limited also participated.

     

    Bandhan ceremony

    The Bandhan ceremony, which witnessed signing of Memoranda of Understanding (MoUs)/Agreements, Transfer of Technologies, Product Launches and other major announcements, was held on February 15th. A concerted effort was made towards forging B2B partnerships at the Bandhan ceremony and more than 250 such partnerships with a total value of more than Rs 75,000 crore have been finalized.

     

    Manthan

    The annual defence innovation event, Manthan, was the flagship technology showcase event held on 15th February. Organised by Innovations for Defence Excellence (iDEX), the Manthan platform will bring the leading innovators, start-ups, MSMEs, incubators, academia and Investors from defence & aerospace ecosystem under one roof.

     

    Manthan had many firsts, including launch of challenges on Cyber Security, establishment of iDEX Investor Hub, MoUs with investors etc. Manthan 2023 provided an overview on the future vision/next initiatives of iDEX to galvanise the start-up ecosystem to foster innovation and technology development in the defence sector.

     

    India Pavilion

    The India Pavilion, based on ‘Fixed Wing Platform’ theme, showcased India’s growth in the area, including the future prospects. There was a total of 115 companies, displaying 227 products. It further showcased the growth of India in developing an ecosystem for Fixed Wing platform which includes the demonstration of various structural modules, simulators, systems (LRUs) etc. of LCA-Tejas aircraft being produced by Private Partners. There was also be a section for Defence space, New Technologies and a UAV section which will give an insight about the growth of India in each sector.

     

    A full scale LCA-Tejas aircraft in Full Operational Capability (FOC) configuration was at the center stage of India Pavilion. LCA Tejas is a single engine, light weight, highly agile, multi-role supersonic fighter. It has quadruplex digital fly-by-wire Flight Control System (FCS) with associated advanced flight control laws. The aircraft with delta wing is designed for ‘air combat’ and ‘offensive air support’ with ‘reconnaissance’ and ‘anti-ship’ as its secondary roles.

     

    Seminars

    A number of seminars were held during the five-day event. The themes included Harnessing Potential of Ex-servicemen for Indian Defence Industry; India’s Defence Space Initiative: Opportunities for shaping Indian private space ecosystem; Indigenous development of futuristic aerospace technologies, including aero engines; Destination Karnataka: US-India defence cooperation innovation and Make in India; Advancement in maritime surveillance equipment and assets; sustenance in MRO and Obsolescence Mitigation and achieving excellence in defence grade drones and Aatmanirbharta in Aero Armament Sustenance.

     

    Major Agreements at Aero India 2023

     

    • MoU between Hindustan Aeronautics Limited and Safran Helicopter Engines, France for Work Share for formation of Joint venture for Design, Development, Manufacture and life time support of Helicopter Engines.
    • MoU between Bharat Electronics Ltd and Aeronautical Development Agency on IWBC and Other LRUs for Advanced Medium Combat Aircraft (AMCA).
    • Co-operation between BSS Material Limited and Pegasus Engineering, an ADUSEA Inc. Division (USA) for Logistic Drones for the Indian Army towards Last Mile Delivery for forward troops deployed along the border areas with capability of operation in wind/gust condition, rain/Snow etc.
    • MoU between Gopalan Aerospace India Pvt. Ltd. and Omnipol, Czech Republic for manufacturing and assembling of 1st passenger aircraft (L 410 UVP-E20 version) by a private company in India.
    • MoU on collaboration of Sagar Defence Engineering Private Limited (SDEPL) & Israel Aerospace Industries (IAI) for IDEX Challenge “Autonomous Weaponized boat Swarm” for Indian Navy.
    • MoU between Bharat Dynamics Limited and Bultexpro Ltd., Bulgaria for setting up the manufacturing facilities for 122mm GRAD BM ER and NONER rockets in India and fulfill the requirements (including ToT).
    • MoU between GRSE and Rolls-Royce Solutions GmbH (MTU) for License production with localization of the MTU 16V4000M73L engine to support the indigenous content for the Next Generation Fast Attack Craft vessel for Indian Navy.
    • BEML enters into License Agreement for Transfer of Technology (ToT) with R&DEE, DRDO for development and supply of TRAWL Assembly for T-72/T-90 Tanks.
    • ToT of Shakti EW System from DLRL DRDO to BEL Hyderabad Unit for all system units, Bill of Material, Test procedures, integration & offering methodology.
    • MoU between Hindustan Aeronautics Limited and Elta Systems Limited, Israel for cooperation on future Business in Maritime Patrol Radar (MPR) for Indian Platforms.

     

    Products Showcased at Aero India 2023

     

    • Vertically Launch Short Range Surface-to-Air Missile (Bharat Dynamics Limited): VLSRSAM is a next-generation, ship-based, all-weather, air defence weapon which can be used by Navy as a quick reaction point defence against supersonic sea skimming targets like aircraft and UAVs. The Missile has a smokeless propulsion system with all-weather capability. It has a highly agile configuration with state-of-the-art Electronic Counter-Counter Measures features.
    • SAL Seeker ATGM for BMP II (Bharat Dynamics Limited): Semi-Active Laser Seeker based Anti-Tank Guided Missile for BMP-II is a subsonic missile with a range of 4,000 metres and flight time of 25 seconds. The missile weighs 23 kgs with the launch tube and can be used in different kinds of terrains to incapacitate the moving and stationary targets such as tanks and Infantry Combat Vehicles.
    • Jishnu (Bharat Dynamics Limited): Jishnu, a Drone Delivered Missile, is light weight and miniaturised missile targeted for soft-skinned targets. It has a range of 1.5 km with a flight time of 9 seconds. The missile can be semi-automatic or completely autonomous based on the systems configurations.
    • Software defined NAVIC/GPS receiver module based on indigenously-developed processors (Astra Microwave Products Limited).
    • Indigenously-built ‘Counter Drone Radar’ based on technology from DRDO (Astra Microwave Products Limited).
    • 9 mm sub-sonic ammunition (Munitions India Limited).
    • BFT on Ios (ideaForge Technology Limited): BlueFire Touch BlueFire Touch, our Ground Control Station (GCS) software, is built to plan and command both mapping and surveillance missions with the ability to pre-plan missions based on operational area and target locations via waypoint-based navigation.
    • HF SDR Radio (Bharat Electronics Limited): It is an advanced software defined radio. The radio is lightweight 20 W transmit capable radio. It provides a complete solution to the short-range communication requirements in the crowded HF band and long-range communications beyond line of sight.
    • Goniometer (Bharat Electronics Limited): It is part of any integrated observation and fire control monitoring system for day time or night time use by the Artillery.

     

    Looking Ahead: The Future of Aerospace and Defence in India

     

     

    Aero India has always been more than just an exhibition—it is a strategic imperative that underscores India’s commitment to becoming a global leader in aerospace and defence. The event plays a pivotal role in:

    • Driving Technological Advancements: By bringing together innovators and industry leaders, Aero India acts as a catalyst for the development and deployment of next-generation aerospace systems.
    • Enhancing National Security: The technologies and strategies showcased at the event contribute directly to enhancing India’s defence capabilities, ensuring that the nation remains well-prepared to address contemporary and future security challenges.
    • Strengthening Economic Growth: Beyond defence, the advancements in aerospace have far-reaching implications for economic growth, industrial development, and technological self-reliance.

     

    Conclusion: Embracing the Future with Aero India

     

    Aero India stands as a testament to India’s unwavering commitment to innovation, strategic collaboration, and excellence in aerospace and defence. As the nation prepares to host Aero India 2025, the event promises to build on the rich legacy of previous editions—most notably, the transformative Aero India 2023. Through rigorous operational protocols, strategic partnerships, and a forward-thinking agenda, Aero India 2025 is poised to further elevate India’s profile on the global aerospace stage.

     

    Annexure

    1. Broad Programme of Aero India: https://www.aeroindia.gov.in/assets/front/broad_programme.pdf
    2. List of Seminars: https://www.aeroindia.gov.in/assets/front/seminar_list.pdf
    3. List of Invited Speakers: https://www.aeroindia.gov.in/assets/front/speakers_list.pdf
    4. Visitor Registration: https://www.aeroindia.gov.in/visitor-registration

     

    References

    https://www.aeroindia.gov.in/

    https://www.aeroindia.gov.in/faq

    https://www.aeroindia.gov.in/whyexhibit

    https://pib.gov.in/PressReleseDetailm.aspx?PRID=1899388

    https://pib.gov.in/PressReleasePage.aspx?PRID=2091447

    https://www.ddpmod.gov.in/resources/photos/aero-india

    https://x.com/aeroindiashow?lang=en

    https://pib.gov.in/PressReleasePage.aspx?PRID=1898547

    https://pib.gov.in/PressReleasePage.aspx?PRID=2090516

    https://pib.gov.in/PressReleaseIframePage.aspx?PRID=1989502

    https://x.com/MIB_India/status/1887124348617760992

    https://x.com/AeroIndiashow/status/1887371647331516549

    https://x.com/MIB_India/status/1886725544823415252

    https://x.com/AeroIndiashow/status/1887050312281641266

    https://x.com/AeroIndiashow/status/1869024504485208160/photo/1
    https://x.com/AeroIndiashow/status/1849117379852132485/photo/1

    https://x.com/AeroIndiashow/status/1626582275365441537/photo/3

    https://x.com/AeroIndiashow/status/1626530283892903936/photo/1

    https://www.ddpmod.gov.in/resources/photos/aero-india

    Click here to download PDF

    ******

    Santosh Kumar | Sarla Meena | Rishita Aggarwal

    (Release ID: 2100966) Visitor Counter : 56

    MIL OSI Asia Pacific News

  • MIL-OSI USA: Former Major League Baseball interpreter sentenced to 57 months imprisonment, following HSI Los Angeles, IRS-CI investigation

    Source: US Immigration and Customs Enforcement

    SANTA ANA, Calif. — On Feb. 6, 2025, Ippei Mizuhara, a former Japanese-language interpreter was sentenced to 57 months in federal prison for illegally — and without authorization — transferring nearly $17 million from the bank account of Major League Baseball star Shohei Ohtani to pay off his own substantial gambling debts incurred with an illegal bookmaking operation and for signing a false tax return, following a joint Homeland Security Investigations (HSI), IRS Criminal Investigation probe.

    Mizuahara was sentenced by United States District Judge John W. Holcomb, who also ordered him to pay $16,975,010 in restitution to Ohtani and $1,149,400 in restitution to the Internal Revenue Service (IRS). Mizuhara pleaded guilty in June 2024 to one count of bank fraud and one count of subscribing to a false tax return.

    “Mr. Mizuhara is yet another example of how those in a position of trust can take advantage of a relationship and defraud the government,” said HSI Los Angeles acting Special Agent in Charge John Pasciucco. “The HSI-led El Camino Real Financial Crimes Task Force will leverage all partnerships to locate and bring to justice those who commit financial crimes, especially those who think they can hide in plain sight.”

    Mizuhara was the translator and de facto manager of MLB star Shohei Ohtani. As part of his job duties, Mizuhara regularly interacted with Ohtani’s sports agents and financial advisors — who did not speak Japanese — on behalf of Ohtani, who did not speak English. Although Mizuhara was an employee of the Los Angeles Angels MLB team, for whom Ohtani played from 2018 to 2023, and, later, the Los Angeles Dodgers, for whom Ohtani has played since 2024, Ohtani paid him separately for the additional work of driving him to meetings and interpreting for non-baseball-related activities.

    In March 2018, Mizuhara accompanied Ohtani to a bank in Phoenix to help him open a bank account to deposit his MLB salary. Inside the bank branch, Mizuhara interpreted for Ohtani when the bank employee provided Ohtani the login information for this bank account.

    Beginning in September 2021, Mizuhara began placing sports bets with an illegal bookmaker. Shortly thereafter, Mizuhara began to lose bets and quickly became indebted to the bookmaker. Unable to pay his gambling debts, Mizuhara orchestrated a scheme to deceive and cheat the bank to fraudulently obtain money from the account.

    From no later than November 2021 to March 2024, Mizuhara used Ohtani’s password to successfully sign into the bank account and then changed the account’s security protocols without Ohtani’s knowledge or permission. Specifically, Mizuhara changed the registered email address and telephone number on the account so bank employees would call him — not Ohtani — when attempting to verify wire transfers from the account.

    Mizuhara impersonated Ohtani, using his personal identifying information to deceive the bank’s employees into authorizing wire transfers from the bank account. In total, Mizuhara called the bank and impersonated Ohtani on approximately 24 occasions.

    In addition, in September 2023, Mizuhara needed $60,000 worth of dental work and Ohtani agreed to pay for it via a check drawn on a business account at a different bank. However, Mizuhara provided his dentist Ohtani’s debit card number for the bank account Ohtani had opened in Phoenix, charged $60,000 to that account, then deposited the $60,000 check into Mizuhara’s personal bank account.

    From January 2024 to March 2024, Mizuhara purchased approximately $325,000 worth of baseball cards from online resellers such as eBay from Ohtani’s bank account with the intent to resell them later and for his own personal benefit.

    When Ohtani’s sports agent and financial advisors asked Mizuhara for access to the bank account, Mizuhara lied and said Ohtani did not want them to access the account because it was private. In fact, Mizuhara did not want them to know that he had been stealing from Ohtani and had fraudulently obtained more than $16,975,010 from him.

    In February 2024, he willfully made and subscribed to a false individual federal income tax return for the tax year 2022. On that tax return, Mizuhara falsely claimed that his total taxable income for that year was $136,865 when in fact he knew the amount was substantially higher and he knowingly failed to report additional income of $4.1 million.

    The HSI Los Angeles El Camino Real Financial Crimes Task Force conducted this investigation collaboratively with the IRS Criminal Investigation Division.

    Anyone with information on illegal gambling are encouraged to call the HSI Tip Line at 877-4-HSI-TIP.

    Learn more about HSI’s mission to protect the U.S. economy in your community on X, formerly known as Twitter, at @HSILosAngeles.

    MIL OSI USA News

  • MIL-OSI Security: Three Members Of Museum Heist Crew Found Guilty Of Conspiracy, Theft Of Major Artwork, And Concealment/Disposal Of Major Artwork

    Source: Office of United States Attorneys

    SCRANTON – The United States Attorney’s Office for the Middle District of Pennsylvania announced that Nicholas Dombek, age 54, of Thornhurst, Pennsylvania, Damien Boland, age 48, of Moscow, Pennsylvania, and Joseph Atsus, age 48, of Roaring Brook, Pennsylvania, were convicted on February 7, 2025, for conspiracy to commit theft of major artwork, concealment and disposal of major artwork, and interstate transportation of stolen property, as well as multiple related substantive offense, following a four-week jury trial before United States District Court Judge Malachy E. Mannion.

    According to Acting United States Attorney John C. Gurganus, Dombek, Boland, and Joseph Atsus were part of a larger nine-person conspiracy which lasted over 20 years and whose goal was to break into multiple museums and other institutions and steal priceless works of art, sports memorabilia, and other objects. Those objects include the following:

    • A Christy Matthewson jersey and two contracts signed by Matthewson stolen in 1999 from Keystone College in Factoryville, Pennsylvania;
    • “Le Grande Passion” by Andy Warhol and “Springs Winter” by Jackson Pollock stolen in 2005 from the Everhart Museum in Scranton, Pennsylvania;
    • Ten (10) World Series rings, seven (7) other championship rings, and two (2) MVP plaques all belonging to Yogi Berra, worth over $1,000,000 stolen in 2014 from the Yogi Berra Museum & Learning Center in Little Falls, New Jersey;
    • Six (6) championship belts, including four belonging to Carmen Basilio and two belonging to Tony Zale, stolen in 2015 from the International Boxing Hall of Fame in Canastota, New York;
    • The Hickok Belt and MVP Trophy belonging to Roger Maris, stolen in 2016 from the Roger Maris Museum in Fargo, North Dakota;
    • The U.S. Amateur Trophy and a Hickok Belt awarded to Ben Hogan, stolen in 2012 from the USGA Golf Museum & Library;
    • Fourteen (14) trophies and other awards worth over $300,000, stolen in 2012 from the Harness Racing Museum & Hall of Fame in Goshen, New York;
    • Five (5) trophies worth over $400,000, including the 1903 Belmont Stakes Trophy, stolen in 2013 from the National Racing Museum & Hall of Fame in Saratoga Springs, New York;
    • Eleven (11) trophies, including four (4) belonging to Art Wall, Jr., stolen in 2011 from the Scranton Country Club located in Clarks Summit, Pennsylvania;
    • Three antique firearms worth a combined $1,000,000, stolen in 2006 from Space Farms Zoo & Museum in Wantage, New Jersey;
    • An 1903/1904 Tiffany Lamp stolen in 2010 from the Lackawanna Historical Society in Scranton, Pennsylvania,
    • “Upper Hudson” by Jasper Cropsey, worth approximately $500,000, stolen in 2011 from Ringwood Manor in Ringwood, New Jersey;
    • Two antique firearms worth over $300,000, stolen in 2011 from Ringwood Manor in Ringwood, New Jersey;
    • $400,000 worth of gold nuggets, stolen in 2011 from the Sterling Hill Mining Museum in Ogdensburg, New Jersey;
    • Various gems, minerals, and other items stolen in 2017, from the Franklin Mineral Museum in Franklin, New Jersey;
    • An antique shotgun worth over $30,000, stolen in 2018 from Space Farms Zoo & Museum in Wantage, New Jersey;
    • Various jewelry, rings, and other items from various antique and jewelry stores in New York, Rhode Island, and Pennsylvania.

    Five additional co-conspirators pled guilty pursuant to felony informations and are awaiting sentencing. Former co-defendant Alfred Atsus was acquitted of the three counts against him at trial.

    After stealing the above-described items, the conspirators would transport the stolen goods back to northeastern Pennsylvania, often the residence of Dombek, and melt the memorabilia down into easily transportable metal discs or bars.  The conspirators would then sell the raw metal to fences in the New York City area for hundreds or a few thousands of dollars, significantly less than the sports memorabilia would be worth at fair market value.

    Dombek burnt the painting “Upper Hudson” by Jasper Cropsey, valued at approximately $500,000, to avoid the painting being recovered by investigators and used as evidence against the members of the conspiracy. The whereabouts of many of the other paintings and stolen objects are currently unknown, however, several antique firearms stolen from the Space Farms Zoo and Museum and the Ringwood Manor Museum, both in New Jersey, were recovered by investigators.

    The matter was investigated by the Federal Bureau of Investigation (FBI), the Pennsylvania State Police, the New Jersey State Police, the New York State Police, the New Jersey State Park Police, the Newport Police Department (Rhode Island), the Fargo Police Department (North Dakota), the Chester Police Department (New York), the Exeter Borough Police Department (Pennsylvania), the Scranton Police Department, the Franklin Police Department (New Jersey), the Village of Goshen Police Department (New York), the Metropolitan Police Department (Washington, D.C.), the West Milord Township Police Department (New Jersey), the Montclair Police Department (New Jersey), the Saratoga Springs Police Department (New York), the Canastota Police Department (New York), the South Abington Police Department (Pennsylvania), the Bernards Township Police Department (New Jersey), the Salisbury Township Police Department (Pennsylvania), the Montclair State University Police Department (New Jersey), the Lackawanna County District Attorney’s Office (Pennsylvania), the Sussex County Prosecutor’s Office (New Jersey), the Essex County Prosecutor’s Office (New Jersey), the Orange County District Attorney’s Office (New York), and multiple other local law enforcement agencies from across the country.  Assistant United States Attorneys James M. Buchanan, Jenny Roberts, and Sean Camoni prosecuted the case.

    Sentencing is not yet scheduled.  The defendants face a maximum penalty of imprisonment for a term of five years for the conspiracy conviction and maximum penalties of ten years’ imprisonment for each additional count of conviction, as well as a term of supervised release following imprisonment, and a fine.

    # # #

    MIL Security OSI

  • MIL-OSI Security: Appeal for witnesses following fatal collision in Clapton

    Source: United Kingdom London Metropolitan Police

    Police are appealing for witnesses and footage following a fatal collision in Clapton.

    Officers were called at approximately 06:50hrs on Saturday, 8 February to reports of a car in collision with a stationery bus in Lea Bridge Road, near the junction of Clapton Road, E5.

    London Ambulance Service and HEMS paramedics also attended.

    The driver of the car, a woman, was taken to hospital for treatment – she sadly died there a short time later.

    Her next of kin have been informed and will be supported by specially trained officers.

    No reports of any other serious injuries.

    An investigation into the circumstances is under way by detectives from the Serious Collision Investigation Unit. They would like to hear from anyone who was in the area and witnessed this incident, or any road users or pedestrians who may have captured events on film.

    Anyone with information that could assist police is asked to call 101 or ‘X’ @MetCC and quote CAD1388/8Feb.

    MIL Security OSI

  • MIL-OSI Global: US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste?

    Source: The Conversation – USA – By Patrick J. Schena, Professor of Practice and International Business, Tufts University

    U.S. President Donald Trump signs an executive order to create a U.S. sovereign wealth fund on Feb. 3, 2025 Jim Watson/AFP via Getty Images

    Could the United States soon be joining the likes of Norway, Kuwait and Mongolia in having a national reserve to invest on projects of strategic interest? If President Donald Trump gets his way, then perhaps so.

    On Feb. 3, 2025, Trump issued an executive order calling for the creation of a U.S. sovereign wealth fund.

    This was not entirely unexpected. After all, the idea had been floated in September 2024 not only by the Trump team, but also by President Joe Biden’s Treasury Department.

    Many at the time, including myself, deemed it far-fetched at best. But with the initiative now gaining traction, the time is certainly ripe to imagine what a U.S. sovereign wealth fund might look like.

    What is a sovereign wealth fund?

    In their most basic form, sovereign wealth funds are pools of government savings, usually accumulated over many years through the sale of commodities, traded goods, government-owned companies and land-use rights, among other sources.

    They share a variety of objectives, such as stabilizing government finances, ensuring the funding of retirement or education programs, saving for future generations or even managing state-owned corporations.

    They generally diversify investment across assets, geographies and sectors, including some, such as sports and entertainment in the case of Saudi Arabia, that are aligned with national development goals.

    Sovereign wealth funds are usually associated with great wealth – Norway’s “oil fund” is estimated to be worth US$1.7 trillion. With regard to scale, Norway is hardly alone. And Norway’s fund is typical in another respect: sovereign wealth funds are often based in smaller countries with outsized natural resources, like Kuwait, the United Arab Emirates and Qatar, or even tiny Guyana in the Caribbean.

    In reality, most sovereign wealth funds are more modest in size relative to their gross domestic products.

    How long have SWFs been around?

    Sovereign wealth funds are hardly new. The so-called modern era of sovereign wealth funds dates to the early 1950s with the creation of the Kuwait Investment Board.

    But some government investment funds, such as the Texas Permanent School Fund, established in 1854, long predate the Kuwait Investment Board.

    As is evident in the case of Texas, there are many such funds already operating in the U.S., including those in Alaska, New Mexico and Wyoming – all of which identify as “sovereign wealth funds.” These, of course, are state funds, but the term “sovereign” is generously applied.

    Sovereign wealth funds often invest outside of their geographies, not only to diversify returns but to avoid stimulating higher inflation that may result from investing at home.

    In fact, the U.S. has benefited from investments by other countries’ sovereign wealth funds. Developed market economies like the U.S. are attractive destinations for investment, given the relative strength of their institutions and the scale and liquidity of their financial markets.

    Still, over the last decade there has been a rapid expansion in the number of sovereign wealth funds investing domestically, particularly in support of strategic national goals. Some of these include funds in Ireland, India and Indonesia.

    Their investment programs target critical sectors and national “champions,” with a goal to mobilize foreign capital for co-investment in local markets.

    Soccer superstar Cristiano Ronaldo plays for Al-Nassr, in which Saudi Arabia’s Public Investment Fund has a controlling stake.
    Abdullah Ahmed/Getty Images

    The fundamental questions of a fund

    What could a U.S. sovereign wealth fund look like? Would it be well funded? And if so, how? Through taxes, treasury bond proceeds, budget transfers, tariffs?

    Would it invest globally or domestically? Could it be used to reinforce the Social Security system? Will it be used to tackle the dual deficits of budget and trade? Or will it have a strategic mandate – to enhance national security, energy security or climate security?

    These are all fundamental questions that must be carefully examined; creating a sovereign wealth fund should not be a backroom exercise. It needs to be conducted openly, with expert input and public deliberation.

    The process belies even more challenging organizational and governance decisions concerning the legal structure, ownership and management of the fund, the independence of its governing board, and its distance from government influence in its decisions.

    After all, the history of sovereign wealth funds is not without failed attempts. Take Malaysia’s 1MDB, which was usurped for political and personal gain and became a multibillion-dollar corruption scandal, or Venezuela’s macrostabilization and development funds, which were both effectively exhausted.

    In these cases – and others – the breakdown can be connected to failures in governance, both in design and culture, and ultimately traced back to politics.

    Where does the US start?

    It is interesting to note that it was George W. Bush’s Treasury Department during the financial crisis in 2008 that was most influential in encouraging sovereign wealth funds to define a framework of governance practices and principles.

    Known as the Santiago Principles, this set of 24 precepts, agreed to in 2008, are intended to ensure transparent and sound governance with adequate operational controls, risk management and accountability.

    To be successful and in line with the Santiago Principles, a U.S. sovereign wealth fund would have to be grounded in a functional governance structure that allows investment projects to be evaluated based on commercial merit.

    It would also need to be free of political interference and operate openly, transparently and at arm’s length from any personal or professional interests of any related parties.

    Where would it invest?

    The next thing to consider is the fund’s investment objectives and strategy. Trump has suggested that such a fund could be used to buy TikTok. But would that represent a strategic investment that advances the national competitiveness of the U.S.?

    Perhaps instead, a sovereign wealth fund might be better placed investing a majority of its capital in private markets and core infrastructure in the U.S. under a focused strategic mandate that directs money to key national priorities.

    Essential here is for the fund to be “additional.” That is to say it would invest in projects that other investors would not be able to finance on their own due to scale, difficulty or duration. In essence, the fund would “crowd in” investors, rather than crowding them out.

    And what about funding?

    Perhaps the most critical question still remains: Where will the money come from?

    Increased taxes are a nonstarter due to political will and, of course, Trump’s campaign commitments.

    Treasury bond issuances would only increase U.S. debtedness and likely lead to higher inflation. Allocations from the government’s own budget also seem to be a non-starter, as U.S. budget deficits have long been well-entrenched.

    The president has suggested that a fund could use tariff payments – but the reality of the tariff rollout is itself questionable and apparently open to negotiation.

    Malaysia’s 1MDB financed the Tun Razak Exchange tower, the tallest building in Kuala Lumpur, Malaysia. But it was also the source of the biggest corruption scandal in Malaysian history.
    Ore Huiying/Getty Images

    A more practical option may be a take on the traditional private equity limited partnership. In this model, the U.S. serves as general partner and joins other institutional investors – including other sovereign wealth funds – to invest in the fund.

    As general partner, the U.S. would appoint a management team that would select and manage the investments – for a fee, of course. Its mandate would be to target strong market returns, while advancing the strategic national interests of the U.S.

    The National Investment and Infrastructure Fund in India is one such example. This approach would require a smaller initial capital commitment from the U.S. and give the manager discretion over where and how to deploy capital. Needless to say, the call for strong foundational governance is reinforced under such a plan.

    To be clear: The challenges, constraints and risks of launching a U.S. sovereign wealth fund are orders of magnitude greater than similar endeavors in Guyana or Suriname.

    Imagining the creation of a fund is certainly feasible. But ensuring the fund will genuinely enhance the intergenerational welfare of all Americans may still be far-fetched.

    Patrick J. Schena has not in the last 4 years received grant funding to support his research. He collaborates in areas of mutual research interests with the International Forum of Sovereign Wealth Funds for which he receives no compensation.

    ref. US sovereign wealth fund: A feasible idea to invest strategically, or a giant opportunity for waste? – https://theconversation.com/us-sovereign-wealth-fund-a-feasible-idea-to-invest-strategically-or-a-giant-opportunity-for-waste-249005

    MIL OSI – Global Reports

  • MIL-OSI Asia-Pac: Presidential Office thanks US and Japan for joint leaders’ statement

    Source: Republic of China Taiwan

    Details
    2025-01-31
    President Lai’s response to Pope Francis’s 2025 World Day of Peace message  
    President Lai Ching-te recently sent a letter to Pope Francis of the Catholic Church in response to his message marking the 58th World Day of Peace. The following is the full text of the president’s letter to the pope: Your Holiness, In your message for the 2025 World Day of Peace entitled Forgive us our trespasses: grant us your peace, you called for a cultural change that would bring an end to the governance of interpersonal and international relations by a logic of exploitation and oppression and herald true and lasting peace. I wholeheartedly admire and identify with your point of view. Since transitioning from a medical career to politics, I have remained true to my original intentions in the sense that, while a doctor can help only one person at a time, a public servant can simultaneously assist many people in resolving the difficulties affecting their lives. In my inaugural address in May 2024, I pledged that every day of my term, I would strive to act justly, show mercy, and be humble, which accord with the teachings of the Bible. I promised to treat the Taiwanese people as family and prove myself worthy of their trust and expectations. With an unwavering heart, I have accepted the people’s trust and taken on the solemn responsibility of leading the nation forward and building a democratic, peaceful, and prosperous new Taiwan. In this new year, the changing international landscape continues to present many grave challenges to democratic nations around the world. As the Russia-Ukraine war persists, the steady convergence of authoritarian regimes, including China, Russia, North Korea, and Iran, threatens the rules-based international order and severely impacts peace and stability in the Indo-Pacific and the world at large. Your Holiness has stated that war is a defeat for everyone. I, too, firmly believe that peace is priceless and that war has no winners. A high level of consensus has formed in the international community on upholding peace and stability across the Taiwan Strait. The Taiwanese people also maintain an unyielding commitment to safeguarding a way of life that encompasses freedom, equality, democracy, and human rights. Taiwan will continue to spare no effort in preserving regional peace and stability and serving as a pilot for global peace. In your World Day of Peace message, you urged prosperous countries to assist poorer ones. This compassion is truly touching. Taiwan is proactively implementing values-based diplomacy and, under the Diplomatic Allies Prosperity Project, enhancing allies’ development through a range of initiatives. Over many years, Taiwan has accumulated abundant and unique experience of providing foreign assistance. Seeking to foster self-reliance among disadvantaged countries, we have extended genuine support to help alleviate poverty through such avenues as strengthening basic infrastructure, transferring technology, and cultivating talent. In your message, you reminded countries worldwide that assistance should not be merely an isolated act of charity and pointed to the need to devise a new global financial framework so that food crises, climate change, and other challenges could be jointly addressed. I hold this view in high regard. I therefore earnestly hope that international organizations will stop excluding Taiwan for political reasons. Taiwan is willing to shoulder its international responsibilities so that it can contribute and share its valuable experience through many global platforms.  On behalf of the government and people of the Republic of China (Taiwan), I again express our interest in collaborating with the Holy See to advance world peace through concrete action. We also aspire to demonstrate Taiwanese values and the Taiwanese spirit and work together with the Holy See to uphold the core values of justice, democracy, freedom, and peace.  Please accept, Your Holiness, the renewed assurances of my highest consideration, as well as my best wishes for your good health and the continued growth of the Catholic Church.

    Details
    2025-01-31
    President Lai meets former US Vice President Mike Pence
    On the afternoon of January 17, President Lai Ching-te met with former Vice President of the United States Mike Pence. In remarks, President Lai thanked former Vice President Pence for his contributions to the deepening of Taiwan-US relations, noting that he actively helped to strengthen Taiwan-US cooperation and facilitate the normalization of military sales to Taiwan, and did his utmost to deepen the Taiwan-US economic partnership. The president indicated that former Vice President Pence also spoke up for Taiwan on numerous occasions at international venues, backing Taiwan’s international participation. President Lai expressed hope for a stronger Taiwan-US partnership to maintain peace and stability throughout the world, and that the two sides can advance bilateral exchanges in such areas as the economy, trade, and industry. A translation of President Lai’s remarks follows: I am delighted to welcome former Vice President Pence and Mrs. Karen Pence to the Presidential Office. Former Vice President Pence is not only an outstanding political leader in the US, but also a staunch supporter of Taiwan on the international stage. On behalf of the people of Taiwan, I would like to take this opportunity to extend our deepest gratitude to former Vice President Pence for his contributions to the deepening of Taiwan-US relations. Thanks to former Vice President Pence’s strong backing, ties between Taiwan and the US rose to unprecedented heights during President Donald Trump’s first administration. Former Vice President Pence actively helped to strengthen Taiwan-US security cooperation and facilitate the normalization of military sales to Taiwan, helping Taiwan reinforce its self-defense capabilities. He also did his utmost to deepen the Taiwan-US economic partnership. Former Vice President Pence also paid close attention to the military threats and diplomatic isolation faced by Taiwan. He spoke up for Taiwan on numerous occasions at international venues, taking concrete action to back Taiwan’s international participation. We were truly grateful for this. As we speak, China’s political and military intimidation against Taiwan persist. China and other authoritarian regimes, such as Russia, North Korea, and Iran, are continuing to converge and present serious challenges to democracies around the globe. At this moment, free and democratic nations must come together to bolster cooperation. I believe that a stronger Taiwan-US partnership can be an even more powerful force in maintaining peace and stability throughout the world. Former Vice President Pence has previously supported the signing of a trade agreement between Taiwan and the US. Taiwan looks forward to continuing to work with the new US administration and Congress to advance bilateral exchanges in such areas as the economy, trade, and industry. This is the first time that former Vice President Pence and Mrs. Pence are visiting Taiwan, and their visit is significantly meaningful for Taiwan-US exchanges. On behalf of the people of Taiwan, I want to extend a warm welcome. Moving forward, I hope we will jointly realize even more fruitful achievements through Taiwan-US cooperation. Former Vice President Pence then delivered remarks, thanking President Lai for his hospitality on his and his wife’s first visit to Taiwan, saying that it is an honor to be here to reaffirm the bonds of friendship between the people of America and the people of Taiwan, which are strong and longstanding. The former vice president indicated that the American people admire the people of Taiwan and all that has been accomplished in a few short decades for Taiwan to rise to one of the world’s preeminent economic powers and free societies. He said that he is grateful for President Lai’s courageous and bold leadership of Taiwan, and grateful to be able to express the support of the overwhelming majority of the American people for this alliance. Former Vice President Pence indicated that the values shared by Taiwan and the US, including freedom, the rule of law, and respect for human rights, bind us together in a partnership that transcends geographic boundaries and cultures. He then assured President Lai that China’s increasingly aggressive posture in the Taiwan Strait and across the Indo-Pacific, for the values and interests that both sides share, is deeply concerning to the American people. Former Vice President Pence stated that America is a Pacific nation, and is committed to the status quo, adding that they recognize it is China that wants to change the status quo that America, Taiwan, and other allies in the region want to preserve, which has created an environment of extraordinary growth and prosperity. The former vice president concluded by once again thanking President Lai and his team for their gracious hospitality and conveying best wishes to him and the people of Taiwan. Former Vice President Pence then assured President Lai that just as Taiwan will never surrender its freedom, he will continue to be a voice for a strong US-Taiwan relationship in the defense and the benefit of Taiwan, the US, and the free world. Later that day, Vice President Bi-khim Hsiao hosted a banquet for former Vice President Pence and his delegation at Taipei Guest House to thank him for his longstanding friendship and staunch support for Taiwan-US ties.  

    Details
    2025-01-31
    President Lai meets delegation to 60th Inaugural Ceremonies of US president and vice president
    On the morning of January 16, President Lai Ching-te met with Taiwan’s delegation to the 60th Inaugural Ceremonies of the President and Vice President of the United States. In remarks, President Lai stated that democratic Taiwan stands united, working hard to deepen Taiwan-US ties together. He then entrusted the delegation with three missions: to convey best wishes from the people of Taiwan, convey our firm commitment to democracy, and help Taiwan-US relations reach a new milestone. A translation of President Lai’s remarks follows: The 60th Inaugural Ceremonies of the President and Vice President of the US will be held on January 20. I want to thank Speaker Han Kuo-yu (韓國瑜), president of the Legislative Yuan, for accepting my invitation to lead our nation’s representative delegation to the event. I also thank Legislative Yuan Members Ko Chih-en (柯志恩), Wang Ting-yu (王定宇), Ko Ju-chun (葛如鈞), Lee Yen-hsiu (李彥秀), Chen Kuan-ting (陳冠廷), Kuo Yu-ching (郭昱晴), and Chen Gau-tzu (陳昭姿) for joining this visit to the US to attend the inauguration of President Donald Trump and Vice President J.D. Vance. We have gathered together today despite differences in party affiliation because in democratic Taiwan, while parties may compete domestically, when it comes to engagement externally, they stand united and share responsibility, working hard to deepen Taiwan-US ties and strive for the best interests of the nation. We share the value of defending freedom and democracy, and we share the goal of advancing peace and prosperity. Today, we engage with the world together as those from the same country – the Republic of China (Taiwan). In this complex and volatile new international landscape, and as the nation faces difficulties and challenges, I want to stress that in Formosa, there is no hostility that cannot be let go, and no hardship that cannot be overcome. Unity is the most important, and I hope that Taiwan can stand united, because there is true strength in unity. Democratic Taiwan must stand united in engaging with the world and initiate exchanges with confidence. On that ground, I am entrusting this delegation with three key missions. First, convey best wishes from the people of Taiwan. Just last year, Taiwan and the US celebrated the 45th anniversary of the passage of the Taiwan Relations Act. And on May 20, the US sent a senior bipartisan delegation to congratulate me and Vice President Bi-khim Hsiao on our inauguration. As the leader of this cross-party delegation, Speaker Han must clearly convey the well-wishes of the people of Taiwan, congratulate President Trump and Vice President Vance on their inauguration, and wish success to the new administration and prosperity to the US. Second, clearly convey the firm commitment of the people of Taiwan to democracy. The theme of these inaugural ceremonies is “Our Enduring Democracy: A Constitutional Promise.” Taiwan and the US share the universal value of democracy and are staunch allies. I hope that the delegation can faithfully convey the firm commitment to democracy that the people of Taiwan have, which will not change even in the face of authoritarian threats. Taiwan is willing to stand side by side with the US and other members of the democratic community to defend the sustainable development of global democracy and prevent the expansion of authoritarianism. Third, help Taiwan-US relations reach a new milestone. In recent years, Taiwan-US relations have continued to grow, with the first agreement under the Taiwan-US Initiative on 21st Century Trade having formally taken effect last month. This morning, the House of Representatives also passed the US-Taiwan Expedited Double-Tax Relief Act. I hope that the delegation can help Taiwan-US relations reach a new milestone through these exchanges so that our relations continue to grow, our cooperation expands even more, and so that we can achieve even greater success after the new administration takes office. Four years ago, Taiwan’s representative to the US inaugural ceremonies was Vice President Hsiao, who was then our representative to the US. Everyone has a lot to learn from her. I have specially invited everyone here to converse so that you can draw from Vice President Hsiao’s experience and ensure an even smoother visit. Washington, DC was also hit by a rare blizzard recently, and the weather has been very cold, so make sure to stay warm. I am sending everyone off with hand warmers and thermoses so that you can bring some warmth from Taiwan with you on your journey. And I ask that Speaker Han exercise his wisdom to help generate some warmth between the ruling and opposition parties through cooperation, which they can then bring back to Taiwan. Let us unite to give our all for diplomacy so that we can unite to give our all for Taiwan. I wish the delegation a smooth and safe trip, and hope your missions can be carried out successfully. Speaker Han then delivered remarks, stating that it was an honor to be invited by President Lai to organize a delegation to represent our nation at the 60th Inaugural Ceremonies of the President and Vice President of the US in Washington, DC, and express the Republic of China’s sincere and cordial best wishes. The Legislative Yuan’s president has assumed this important task numerous times in the past, he said, not only to represent the government of the Republic of China, but also to take on the mission of conveying the voices of 23 million people. He went on to say that he is honored to take up the baton, lead eight legislators to the US to attend this celebration that will attract global attention, and express sincere best wishes to newly elected President Trump, Vice President Vance, and the new administration’s team. As enjoined by President Lai, he hopes the delegation’s trip will help open a new chapter in Taiwan-US exchanges. Speaker Han stated that the US is the most free and democratic country in the world. He noted that in 1776 in the US Declaration of Independence, founding father Thomas Jefferson propounded the concept of “unalienable rights,” and emphasized that the people have a right to freedom and the pursuit of happiness, democratic ideas that have long been rooted in the people’s hearts. Today, he said, democracy is also embedded in the DNA of Taiwan’s 23 million people, and this hard-won democratic achievement is a result of the concerted efforts of our pioneering predecessors, thinkers, and activists over the past 100 years. Speaker Han stated that during this visit, the Legislative Yuan delegation hopes to convey the voice of Taiwan as a democratic country. Taiwan’s security, he said, is like the four legs of a table: The first leg is defending the Republic of China, the second is defending freedom and democracy, the third is maintaining Taiwan-US relations, and the fourth is maintaining cross-strait peace. The delegation will travel to the US amidst severe cold weather to show that we value our relationship with the US, and our citizens have great hopes and expectations. Speaker Han stated that this will be a cross-party delegation of eight legislators, all of whom have a strong sense of mission. He hopes that all democratic nations will acknowledge Taiwan’s importance, and pay attention to Taiwan’s 23 million people. The delegation, he said, will do its utmost to convey the goodwill and warmth that the people of Taiwan give to each and every one of our good friends.

    Details
    2025-01-31
    President Lai confers decoration on former Lithuanian Foreign Minister Gabrielius Landsbergis
    On the morning of January 14, President Lai Ching-te conferred the Order of Brilliant Star with Special Grand Cordon upon former Minister of Foreign Affairs Gabrielius Landsbergis of the Republic of Lithuania in recognition of his remarkable contributions to deepening Taiwan-Lithuania relations. In remarks, President Lai thanked former Minister Landsbergis for standing firmly with Taiwan and remaining a staunch defender of democratic values, yielding fruitful cooperative results. The president expressed hope that the two countries will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture, and continue to advocate for the values of freedom and democracy so that together we can contribute even more to our nations’ development and to peace and prosperity throughout the world. A translation of President Lai’s remarks follows: Today, by conferring the Order of Brilliant Star with Special Grand Cordon upon former Minister Landsbergis, we recognize his outstanding contributions during his time as foreign minister of Lithuania. On behalf of the people of Taiwan, I thank him for the key role he has played in deepening Taiwan-Lithuania relations. During the COVID-19 pandemic, thanks to the efforts of former Minister Landsbergis, Lithuania was the first European nation to donate vaccines to Taiwan. On that occasion, he stated that “freedom-loving people should look out for each other.” His statement was very moving and left a deep impression on many Taiwanese people. We will never forget it. Former Minister Landsbergis has continued to express the spirit of those words through his concrete actions. With his staunch support, Taiwan and Lithuania have mutually established representative offices. Moreover, our representative office in Lithuania was the first in Europe to incorporate “Taiwan” in its name. As for bilateral cooperation, Taiwan and Lithuania have seen fruitful results in such fields as semiconductors, laser technology, finance, and medicine. Be it overcoming the challenges posed by the pandemic or resisting expanding authoritarianism, former Minister Landsbergis has stood firmly with Taiwan and remained a staunch defender of democratic values. We greatly admire and appreciate his spirit. Today, authoritarian regimes continue to converge, posing threats and challenges to democracies around the world. Taiwan, Lithuania, and other democratic countries must come closer together, drawing on the strength of unity, so as to jointly safeguard freedom and democracy and uphold the rules-based international order. Looking ahead, we hope that Taiwan and Lithuania will engage in even more cooperation and exchanges in such areas as the economy, trade, technology, and culture. Let us continue to advocate for the values of freedom and democracy. Together, we can contribute even more to our nations’ development and to peace and prosperity throughout the world. In closing, I once again thank you, former Minister Landsbergis, for your support and for all that you have done for Taiwan. We welcome you and your wife to visit often. I wish you both a smooth and successful visit in Taiwan, and hope you leave with lasting memories.    Former Minister Landsbergis then delivered remarks, saying that it is a great honor to receive the decoration today. He noted that only partially can he accept the honor, as there have been many people who worked together with him in the ministry and in the whole country who support the people of Taiwan and see the benefit of supporting democracy in Taiwan. He often says that in Lithuania they remember well the fight for their freedom, and just today, he mentioned, he was shown the permanent exhibition in the Presidential Office, where he saw similar pictures of Taiwanese people fighting for democracy. He emphasized that not even one generation has passed since these events took place here in Taipei or similar events took place in Vilnius. Former Minister Landsbergis said that decision-makers in the Lithuanian government are either people who were themselves fighting for freedom, or, as in his case, those who were sitting on the shoulders of parents who were fighting for freedom. So for them, he underlined, freedom, democracy, liberty, and sovereignty are very real concepts that they cherish, not just things read about in a history book. He said that this is the main connector between Lithuania and Taiwan, a feeling of freedom and support for each other. Former Minister Landsbergis stated that in the face of authoritarians who do not wish us prosperity, who do not wish us freedom and future achievements, what he expects from the future is that the friendship, collaboration, and mutual support between Lithuania and Taiwan will inspire others to join in. This, he said, will make other countries not be afraid to support freedom and democracy, and will allow our group of friends to continue to grow. Lithuanian history, the former minister said, is difficult, and a big part of it was fighting for their freedom. He explained that during the 19th century when Lithuania was part of Russia’s empire, they had several revolutions and uprisings with the aim of becoming free, and that they were fighting for that freedom alongside Poland and Belarus. He then applied a phrase that they used in the revolution of 1864 – “for your freedom and ours,” meaning that they will continue to fight for their freedom while helping Taiwan fight for ours. Also in attendance at the ceremony were former Minister Landsbergis’ wife Dr. Austėja Landsbergienė and Lithuanian Representative to Taiwan Paulius Lukauskas.

    Details
    2025-01-31
    Presidential Office thanks White House for its statement on enduring US commitment to Indo-Pacific region
    On January 10 (US EST), the US White House released a statement on the United States’ Enduring Commitment to the Indo-Pacific Region, in which it reaffirms its position of using a range of methods to help Taiwan maintain a sufficient self-defense capability so as to maintain peace and stability in the Indo-Pacific region and across the Taiwan Strait. Presidential Office Spokesperson Karen Kuo (郭雅慧) on January 11 expressed sincere gratitude to the US government for taking concrete actions to fulfill its security commitments to Taiwan, advancing the close Taiwan-US security partnership, and supporting Taiwan in its efforts to enhance its self-defense capabilities and resilience. Spokesperson Kuo stated that the deepening Taiwan-US security partnership is a critical cornerstone for peace and stability in the Indo-Pacific region. She noted that Taiwan, as a force for good and regional stability, will continue to work alongside like-minded countries to strengthen defense resilience as we jointly defend the values of freedom and democracy and ensure the peace, stability, and prosperity of the Indo-Pacific region.

    Details
    2025-01-01
    President Lai delivers 2025 New Year’s Address
    On the morning of January 1, President Lai Ching-te delivered his 2025 New Year’s Address, titled “Bolstering National Strength through Democracy to Enter a New Global Landscape,” in the Reception Hall of the Presidential Office. President Lai stated that today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. In this new year, he said, Taiwan must be united, and we must continue on the right course. The president expressed hope that everyone in the central and local governments, regardless of party, can work hard together, allowing Taiwan sure footing as it strides forward toward ever greater achievements.  President Lai emphasized that in 2025, we must keep firm on the path of democracy, continue to bolster our national strength, make Taiwan more economically resilient, enhance the resilience of supply chains for global democracies, and continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. The president said that Taiwan will keep going strong, and we will keep walking tall as we enter the new global landscape. A translation of President Lai’s address follows: Today is the first day of 2025. With a new year comes new beginnings. I wish that Taiwan enjoys peace, prosperity, and success, and that our people lead happy lives. Taiwan truly finished 2024 strong. Though there were many challenges, there were also many triumphs. We withstood earthquakes and typhoons, and stood firm in the face of constant challenges posed by authoritarianism. We also shared glory as Taiwan won the Premier12 baseball championship, and now Taiwanese people around the world are all familiar with the gesture for Team Taiwan. At the Paris Olympics, Wang Chi-lin (王齊麟) and Lee Yang (李洋) clinched another gold in men’s doubles badminton. Lin Yu-ting (林郁婷) took home Taiwan’s first Olympic gold in boxing. At the International Junior Science Olympiad, every student in our delegation of six won a gold medal. And Yang Shuang-zi’s (楊双子) novel Taiwan Travelogue, translated into English by King Lin (金翎), became a United States National Book Award winner and a tour de force of Taiwan literature on the international level. Our heroes of Taiwan are defined by neither age nor discipline. They have taken home top prizes at international competitions and set new records. They tell Taiwan’s story through their outstanding performances, letting the world see the spirit and culture of Taiwan, and filling all our citizens with pride. My fellow citizens, we have stood together through thick and thin; we have shared our ups and downs. We have wept together, and we have laughed together. We are all one family, all members of Team Taiwan. I want to thank each of our citizens for their dedication, fueling Taiwan’s progress and bringing our nation glory. You have given Taiwan even greater strength to stand out on the global stage. In this new year, we must continue bringing Taiwan’s stories to the world, and make Taiwan’s successes a force for global progress. In 2025, the world will be entering a new landscape. Last year, over 70 countries held elections, and the will of the people has changed with the times. As many countries turn new pages politically, and in the midst of rapid international developments, Taiwan must continue marching forward with steady strides. First, we must keep firm on the path of democracy. Taiwan made it through a dark age of authoritarianism and has since become a glorious beacon of democracy in Asia. This was achieved through the sacrifices of our democratic forebears and the joint efforts of all our citizens. Democracy’s value to Taiwan lies not just in our free way of life, or in the force driving the diverse and vigorous growth of our society. Democracy is the brand that has earned us international trust in terms of diplomacy. No matter the threat or challenge Taiwan may face, democracy is Taiwan’s only path forward. We will not turn back. Domestic competition among political parties is a part of democracy. But domestic political disputes must be resolved democratically, within the constitutional system. This is the only way democracy can continue to grow. The Executive Yuan has the right to request a reconsideration of the controversial bills passed in the Legislative Yuan, giving it room for reexamination. Constitutional institutions can also lodge a petition for a constitutional interpretation, and through Constitutional Court adjudication, ensure a separation of powers, safeguard constitutional order, and gradually consolidate the constitutional system. The people also have the right of election, recall, initiative, and referendum, and can bring together even greater democratic power to show the true meaning of sovereignty in the hands of the people. In this new year, the changing international landscape will present democratic nations around the world with many grave challenges. Russia’s invasion of Ukraine and conflict between Israel and Hamas rage on, and we are seeing the continued convergence of authoritarian regimes including China, Russia, North Korea, and Iran, threatening the rules-based international order and severely affecting peace and stability in the Indo-Pacific region and the world at large. Peace and stability in the Taiwan Strait are essential components for global security and prosperity. Taiwan needs to prepare for danger in times of peace. We must continue increasing our national defense budget, bolster our national defense capabilities, and show our determination to protect our country. Everyone has a responsibility to safeguard Taiwan’s democracy and security. We must gather together every bit of strength we have to enhance whole-of-society defense resilience, and build capabilities to respond to major disasters and deter threats or encroachment. We must also strengthen communication with society to combat information and cognitive warfare, so that the populace rejects threats and enticements and jointly guards against malicious infiltration by external forces. Here at home, we must consolidate democracy with democracy. Internationally, we must make friends worldwide through democracy. This is how we will ensure security and peace. The more secure Taiwan, the more secure the world. The more resilient Taiwan, the sounder the defense of global democracy. The global democratic community should work even closer together to support the democratic umbrella as we seek ways to resolve the war in Ukraine and conflict between Israel and Hamas. Together, we must uphold stability in the Taiwan Strait and security in the Indo-Pacific, and achieve our goal of global peace. Second, we must continue to bolster our national strength, make Taiwan more economically resilient, and enhance the resilience of supply chains for global democracies. In the first half of 2024, growth in the Taiwan Stock Index was the highest in the world. Our economic growth rate for the year as a whole is expected to reach 4.2 percent, leading among the Four Asian Tigers. Domestic investment is soaring, having exceeded NT$5 trillion, and inflation is gradually stabilizing. Export orders from January to November totaled US$536.6 billion, up 3.7 percent from the same period in 2023. And compared over the same period, exports saw a 9.9 percent increase, reaching US$431.5 billion. Recent surveys also show that in 2024, the average increase in salaries at companies was higher than that in 2023. Additionally, over 90 percent of companies plan to raise salaries this year, which is an eight-year high. All signs indicate that Taiwan’s economic climate continues to recover, and that our economy is growing steadily. Our overall economic performance is impressive; still, we must continue to pay attention to the impact on Taiwan’s industries from the changing geopolitical landscape, uncertainties in the global economic environment, and dumping by the “red supply chain.”  For a nation, all sectors and professions are equally important; only when all our industries are strong can Taiwan be strong as a nation. Our micro-, small-, and medium-sized enterprises (MSMEs) are the lifeblood of Taiwan, and the development of our various industrial parks has given Taiwan the impetus for our prosperity. We must carry the spirit of “Made in Taiwan” forward, bringing it to ever greater heights. Thus, beyond just developing our high-tech industry, our Executive Yuan has already proposed a solution that will help traditional industries and MSMEs comprehensively adopt technology applications, engage in the digital and net-zero twin transition, and develop channels, all for better operational structures and higher productivity. Taiwan must continue enhancing its economic resilience. In recent years, Taiwan has significantly increased its investments in the US, Japan, Europe, and the New Southbound countries, and such investment has already surpassed investment in China. This indicates that our efforts in diversifying markets and reducing reliance on any single market are working. Moving forward, we must keep providing assistance so that Taiwan industries can expand their global presence and market internationally from a solid base here in Taiwan. At the same time, Taiwan must use democracy to promote economic growth with the rest of the world. We must leverage our strengths in the semiconductor and AI industries. We must link with democratic countries so that we can together enhance the resilience of supply chains for global democracies. And through international cooperation across many sectors, such as UAVs, low-orbit communications satellites, robots, military, security and surveillance, or biopharmaceuticals, renewable energy technology, new agriculture, and the circular economy, we must keep abreast of the latest cutting-edge technology and promote diverse development. This approach will help Taiwan remain a leader in advancing global democratic supply chains, ensuring their security and stability. Third, we must continue working toward a Balanced Taiwan and generational justice, ensuring that the fruits of our economic growth can be enjoyed by all our people. Democracy means the people have the final say. Our nation belongs to all 23 million of us, without regard for ethnic group, generation, political party, or whether we live in urban or rural areas. In this new year, we must continue to pursue policies that promote the well-being of the nation and the people. But to that end, the central government needs adequate financial resources to ensure that it can enact each of these measures. Therefore, I hope that the ruling and opposition parties can each soberly reconsider the amendments to the Act Governing the Allocation of Government Revenues and Expenditures and find a path forward that ensures the lasting peace and stability of our country. For nine consecutive years, the minimum wage has continued to rise. Effective today, the minimum monthly salary is being raised from NT$27,470 to NT$28,590, and the hourly salary from NT$183 to NT$190. We hope by raising the pay for military personnel, civil servants, and educators for two consecutive years, coupled with benefits through wage increases and tax reductions, that private businesses will also raise wages, allowing all our people to enjoy the fruits of our economic growth. I know that everyone wants to pay lower taxes and rent. This year, we will continue to promote tax reductions. For example, unmarried individuals with an annual income of NT$446,000 or less can be exempt from paying income tax. Dual-income families with an annual income of NT$892,000 or less and dual-income families with two children aged six or younger with an annual income of NT$1,461,000 or less are also exempt from paying income tax. Additionally, the number of rent-subsidized housing units will also be increased, from 500,000 to 750,000 units, helping lighten the load for everyone. This year, the age eligibility for claiming Culture Points has been lowered from 16 to 13 years, so that now young people aged between 13 and 22 can receive government support for experiencing more in the arts. Also, our Taiwan Global Pathfinders Initiative is about to take effect, which will help more young people in Taiwan realize their dreams by taking part in education and exchange activities in many places around the world. We are also in the process of establishing a sports ministry to help young athletes achieve their dreams on the field, court, and beyond. The ministry will also be active in developing various sports industries and bringing sports and athletics more into the lives of the people, making our people healthier as a result. This year, as Taiwan becomes a “super-aged society,” we will launch our Long-term Care 3.0 Plan to provide better all-around care for our seniors. And we will expand the scope of cancer screening eligibility and services, all aimed at creating a Healthy Taiwan. In addition, Taiwan will officially begin collecting fees for its carbon fee system today. This brings us closer in line with global practices and helps us along the path to our goal of net-zero emissions by 2050. We will also continue on the path to achieving a Balanced Taiwan. Last month, the Executive Yuan launched the Trillion NT Dollar Investment National Development Plan and its six major regional flagship projects. Both of these initiatives will continue to expand the investment in our public infrastructure and the development of local specialty industries, narrowing urban-rural and wealth gaps so that all our people can live and work in peace and happiness. My fellow citizens, today’s Taiwan is receiving international recognition for its performance in many areas, among them democracy, technology, and economy. This tells us that national development is moving in the right direction. In this new year, Taiwan must be united, and we must continue on the right course. We hope that everyone in the central and local governments, regardless of party, can work hard together to ensure that national policies are successfully implemented, with the people’s well-being as our top priority. This will allow Taiwan sure footing as it strides forward toward ever greater achievements. In this new year, we have many more brilliant stories of Taiwan to share with the world, inspiring all Taiwanese, both here and around the world, to cheer time and again for the glory of Taiwan. Taiwan will keep going strong. And we will keep walking tall as we enter the new global landscape. Thank you.

    MIL OSI Asia Pacific News

  • MIL-OSI: Intchains Group Limited’s Goldshell launches its first ever ALEO miner today: AE BOX promises users ultimate crypto mining privacy and security

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, Feb. 08, 2025 (GLOBE NEWSWIRE) — Intchains Group Limited (Nasdaq: ICG), an innovative provider of integrated solutions consisting of efficient mining products for altcoins, is excited to announce its launch of the AE BOX under its Goldshell brand on 7 February 2025. The AE BOX, ICG’s first ALEO miner, has a hashrate mode of 37 MH/s±5%, a default hashrate power of 360W±5% and a default hashrate power consumption of 9.73J/MH. The AE BOX promises to empower users to build their own projects in a privacy-focused, decentralised blockchain platform.

    Mr Charles Yan, Chief Financial Officer of ICG, said: “The AE BOX enables us to introduce the promising world of ALEO’s zero-knowledge proofing technology to our users. The world of crypto rapidly evolves, and the launch of the AE BOX aims to place our users at the forefront of such developments. Leveraging ALEO’s groundbreaking technology, the AE BOX empowers our users to achieve new levels of efficiency and privacy in their mining operations while providing a safe and secure platform to scale their crypto efforts.”

    Product Innovation and Key Advantages

    The AE BOX, taps on ALEO’s strengths as crypto’s first-ever decentralised open-source platform utilising zero-knowledge proofing. This promises to bring users limitless computation and absolute privacy. Some of the benefits AE BOX users can look forward to include:

    • Safety: Crypto mining becomes safer with AE BOX’s zero-knowledge proofing capabilities by ensuring transaction validity without revealing sensitive data, reducing the risk of fraud and enhancing privacy.
    • Personalisation: AE BOX brings personalisation to crypto mining by allowing developers to create customisable mining processes and applications that can be optimised for specific tasks or requirements, offering flexibility in computation.
    • Scalability: AE BOX enhances scalability in crypto mining by enabling efficient, high-performance computations without compromising on speed, allowing miners to handle larger and more complex transactions as the network grows.

    Availability

    The AE BOX is available from today (7 February 2025) on Goldshell’s official website, and the AE BOX PRO is also available on Goldshell, with a 180-day warranty from the shipment date.

    For more information about ICG, please visit https://intchains.com/ and follow ICG on LinkedIn and X.

    AE BOX and AE BOX Pro Product Specifications:

    AE BOX
    Hashrate 37MH/s±5%
    Power 360W±5%
    Power Consumption 9.73J/MH
    Algorithm zkSNARK
    Cryptocurrency $ALEO
    Miner Dimensions 198*150*96mm
    Miner Weight 2.32kg
    Package Dimensions 300*220*142mm
    Package Weight 2.73kg
    Noise Level ≤35dB
    Connection Port Dual-Mode
    Temperature 0~35℃
    Relative Humidity ≤65%
    Input Voltage 110~240V
    Power Cable 10A
    Fan Specification 4500rmp
    AE BOX Pro
    Hashrate 44MH/s±5%
    Power 460W±5%
    Power Consumption 10.45J/MH
    Algorithm zkSNARK
    Cryptocurrency $ALEO
    Miner Dimensions 171*198*96mm
    Miner Weight 2.6kg
    Package Dimensions 300*220*142mm
    Package Weight 3.1kg
    Noise Level ≤35dB
    Connection Port Dual-Mode
    Temperature 0~35℃
    Relative Humidity ≤65%
    Input Voltage 110~240V
    Power Cable 10A
    Fan Specification 4500rmp


    About Intchains Group

    Intchains Group Limited (ICG) is an innovative altcoins development company that primarily focuses on providing integrated solutions consisting of mining products for altcoins, and on acquiring and holding ETH-based cryptocurrencies as its long-term asset reserve to support its Web3 industry development initiatives including actively developing Web3-based applications.

    Contacts:

    Intchains Group Limited

    Investor relations
    Email: ir@intchains.com

    Redhill

    Belinda Chan
    Tel: +852-9379-3045
    Email: belinda.chan@creativegp.com

    The MIL Network

  • MIL-OSI China: Spring Festival spending up

    Source: China State Council Information Office

    Local residents in Wuhu, Anhui province, enjoy their New Year’s eve dinner in a restaurant on Jan 28. [Photo/Xinhua]

    Consumers showed strong spending power during the Spring Festival holiday this year, boosting the steady growth of the country’s overall consumption market in the first quarter, official data showed.

    Over the holiday period, sales of key retail and catering enterprises in China grew by 4.1 percent year-on-year. Food, festive products, green and smart home appliances, mobile phones and tablets recorded booming sales, the Ministry of Commerce said on Thursday.

    In particular, sales of household appliances and communication equipment from retail enterprises that are monitored by the commerce ministry jumped by over 10 percent year-on-year.

    A dynamic service consumption market was also seen during the holiday period, with high demand for dining, traveling and watching films. Sales of catering firms monitored by the commerce ministry grew by 6.2 percent year-on-year, and China’s Spring Festival holiday box office hit 9.51 billion yuan ($1.3 billion), a record high.

    “China’s consumption market has indicated a strong resilience, great potential and sufficient vitality, and the basic trend of recovery and improvement remains unchanged,” He Yongqian, the spokesperson for the commerce ministry, said during a news conference.

    She added that with the country’s expansion of the trade-in policy for consumer goods and various consumption promotional activities being carried out, the consumption market will show steady growth trend in the first quarter.

    From Jan 28 to Feb 3, online and offline sales in Shanghai came in at 46.5 billion yuan, according to the Consumer Market Big Data Laboratory (Shanghai), which is affiliated with the Fudan Development Institute.

    Before the festival, the local government of Shanghai issued subsidies for the trade-in of home appliances, home decorations, digital products and cars, driving significant trade-in sales growth during the holiday, the big data lab said.

    “China’s trade-in policy has driven the growth rate of goods consumption, and the growth rate of total retail sales is expected to record a ‘good start’ this year,” said a research report of Soochow Securities.

    China issued 300 billion yuan in treasury bonds last year to support equipment upgrades and trade-in deals for consumer goods, significantly boosting the growth of consumption and economic momentum.

    During the holiday, retail sales of home appliance products in some cities such as Chongqing; Changchun, Jilin province; and Jinan, Shandong province jumped 20 to 30 percent year-on-year, data from UBS Investment Bank showed.

    “The trend of upgrading products continues and the demand of tradeins in third — and fourth-tier cities and rural households has been climbing. Some e-commerce platforms saw their sales more than double year-on-year, and the growth could be attributed to the purchase of products by young consumers for their relatives living in hometowns,” said Peng Yanyan, head of China consumer products research at UBS Investment Bank.

    Meanwhile, over the holiday period, Beijing’s department stores, supermarkets, specialty stores, catering and e-commerce platforms that are monitored by Beijing Municipal Commerce Bureau, achieved sales of 8.1 billion yuan, up 4.2 percent year-on-year.

    In Hangzhou, Zhejiang province, some time-honored restaurants such Louwailou and Zhiweiguan issued coupons to consumers during the holiday, driving a new wave of dining consumption in the city.

    From Jan 21 to Feb 3, retail sales in Hangzhou achieved 26.68 billion yuan, up 18.4 percent year-on-year, according to Hangzhou Municipal Bureau of Commerce.

    MIL OSI China News

  • MIL-OSI USA: Grassley Digs into Waste, Fraud and Abuse at DOD’s Office of Net Assessment

    US Senate News:

    Source: United States Senator for Iowa Chuck Grassley

    WASHINGTON – Senate Judiciary Committee Chairman Chuck Grassley (R-Iowa) is calling on the Department of Defense (DOD) to eliminate egregious waste, fraud and abuse at the Office of Net Assessment (ONA). In a letter to Defense Secretary Pete Hegseth, Grassley pressed DOD to determine how many formal net assessments ONA has completed since 2007 and whether its purpose is still necessary in light of its consistently wayward performance.

    “Since 2019, I’ve engaged in oversight of the Office of Net Assessment within the Department of Defense, requesting information and documents related to Professor Stefan Halper’s contracting work and ONA’s contracting practices more broadly. To date, ONA has failed to provide full and complete responses to my inquiries,” Grassley wrote.

    ONA is tasked with researching and comparing trends in military capabilities to identify future threats and opportunities. However, Grassley’s oversight has shown it has breached contracting rules and inappropriately spent millions of taxpayer dollars on projects unrelated to a net assessment.

    In his letter today, Grassley requested all ONA-produced net assessments since 2007 and the date when ONA plans to conduct its next assessment. Grassley also requested a full list of contracts issued over the last 10 years, including the total cost of each contract to the taxpayer in unclassified form after ONA previously improperly classified the information to hide it from public scrutiny.

    “I remain concerned that ONA is not performing its mission for the taxpayer and has engaged in financial waste. Moreover, ONA’s improper classification of taxpayer funded work product must come to an end,” Grassley continued.

    Grassley has scrutinized ONA’s contracting practices since 2019, with a particular focus on contracts awarded to Stefan Halper. Halper was a confidential human source tasked by the Obama and Biden administrations’ FBI to surreptitiously record members of President Trump’s 2016 election campaign during the Crossfire Hurricane investigation.

    Text of Grassley’s letter to Defense Secretary Pete Hegseth follows:

    February 7, 2025

    VIA ELECTRONIC TRANSMISSION

    The Honorable Pete Hegseth

    Secretary

    Department of Defense

    Dear Secretary Hegseth:

    Since 2019, I’ve engaged in oversight of the Office of Net Assessment (ONA) within the Department of Defense (DoD) requesting information and documents related to Professor Stefan Halper’s contracting work and ONA’s contracting practices more broadly.[1]  To date, ONA has failed to provide full and complete responses to my inquiries.[2]

    As part of my oversight, in January 2020, I requested that ONA “provide a list of all contracts issued for each year over the last five years, the title of each funded project, and the total cost of each contract to the taxpayer.”[3]  I also asked that ONA specify which of these projects were considered classified research.[4]  On February 5, 2020, ONA produced a list of contracted work, but classified all of it.[5]  On June 18, 2020, I wrote again to ONA noting that the list was improperly classified and only served to hide information that the taxpayers ought to know about.[6]  Accordingly, I requested that the entire list of contracts and funded projects be declassified and provided to my office.[7]  In response, on July 1, 2020, ONA stated that “it remains [Director Baker’s] judgement that the previous classified enclosure should remain classified.”[8]  Such a position is indefensible and is designed to prevent embarrassment, which my oversight has previously highlighted. 

    For example, in my June 18, 2020, letter, I noted a paper entitled, “On the Nature of Americans as a Warlike People: Workshop Report,” which was authored by the Long Term Strategy Group (LTSG).[9]  The workshop paper highlighted the “level of American belligerency . . . [which is] the result of the persistence of Scotch-Irish culture in America, with its emphasis on violent responses to challenge[.]”[10]  It further stated that “[t]he role of Scotch-Irish culture must also be understood as having been reinforced by slaveholding, and American Protestant religious beliefs,” and that the Scotch-Irish culture was “shaped by endemic warfare that placed high value on violent and immediate personal responses to challenges and high loyalty to clan and kin.”[11]  The paper continued by stating that the Scotch-Irish culture placed value “on violent immediate responses to challenges [which] shaped [their] views, and thus of the United States as a whole, toward war.”[12]  Additionally, in my June 2020 letter, I also raised concerns that ONA spent taxpayer dollars on a paper titled, “A Technical Report on the Nature of Movement Patterning, the Brain and Decision-Making,” which focused largely on Vladimir Putin’s neurological development and potential Asperger’s diagnosis.[13]  These have nothing to do with ONA’s core mission, which is to produce a net assessment that measures our military capabilities against our foreign adversaries. 

    My oversight work has shown that ONA has lost its way.  In June 2020, I introduced legislation that required ONA to perform the work it was created to do—complete a net assessment, which at that time hadn’t been done since 2007.[14]  That legislation included a provision requiring the DoD Inspector General (IG) perform a comprehensive review to determine ONA’s failure to comply with government contracting laws and regulations for research projects.[15]

                I remain concerned that ONA is not performing its mission for the taxpayer and has engaged in financial waste.  Moreover, ONA’s improper classification of taxpayer funded work product must come to an end.  So that Congress can conduct independent oversight of ONA and determine how it has used taxpayer dollars to comply with its mission, please provide answers to the following questions by February 21, 2025:

    1. From 2007 to 2025, provide all ONA produced net assessments.
    2. When does ONA plan to conduct its next net assessment?  Provide all records.[16]
    1. Provide a list of all contracts issued for each year over the last ten years, the title of each funded project to the extent applicable, the recipient of taxpayer money, and the total cost of each contract to the taxpayer.  Produce that information to me in unclassified form.

    Thank you for your prompt review and responses.  If you have any questions, please contact Tucker Akin on my Committee staff at (202) 224-7708.


    [1] Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to the Honorable Mark Esper, Secretary, Department of Defense (July 12, 2019), https://www.grassley.senate.gov/imo/media/doc/2019-07-12%20CEG%20to%20DoD%20(Halper%20Contracts)_0.pdf; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to the Honorable Mark Esper, Secretary, Department of Defense (Oct. 31, 2019), On File with Committee Staff; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to James Baker, Director, Office of Net Assessment, Department of Defense (Jan. 22, 2020), On File with Committee Staff; Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, to James Baker, Director, Office of Net Assessment, Department of Defense (June 18, 2020), On File with Committee Staff; and Letter from Sen. Charles E. Grassley, Chairman, Senate Finance Committee, and Sen. Ron Johnson, Chairman, Senate Homeland Security and Governmental Affairs Committee, to the Honorable Mark Esper, Secretary, Department of Defense (Oct. 14, 2020), On File with Committee Staff.

    [2] Id.

    [3] Letter from Sen. Charles E. Grassley (Jan. 22, 2020), supra note 1.

    [4] Id.

    [5] Letter from James Baker, Director, Office of Net Assessment, Department of Defense, to Sen. Charles E. Grassley, Chairman, Senate Finance Committee, (Feb. 5, 2020), On File with Committee Staff.

    [6] Letter from Sen. Charles E. Grassley (June. 18, 2020), supra note 1.

    [7] Id.

    [8] Letter from James Baker, Director, Office of Net Assessment, Department of Defense, to Sen. Charles E. Grassley, Chairman, Senate Finance Committee, (July 1, 2020), On File with Committee Staff.

    [9] On the Nature of Americans as a Warlike People: Workshop Report, Long Term Strategy Group (Apr. 2009),  https://www.esd.whs.mil/Portals/54/Documents/FOID/Reading%20Room/Litigation_Release/Litigation%20Release%20-%20On%20the%20Nature%20of%20Americans%20as%20a%20Warlike%20People%20Workshop%20Report%20%20200904.pdf.

    [10] Id. at 1. 

    [11] Id. at 1, 3.

    [12] Id. at 4.

    [13] Elizabeth F. Ralph, The Pentagon’s Secret Putin Diagnosis, Politico (Feb. 5, 2015), https://www.politico.com/magazine/story/2015/02/putin-autism-pentagon-114937.

    [14] Sen. Charles E. Grassley, Grassley: A Case in Waste, Fraud and Abuse: The Office of Net Assessment, Press Release (July 2, 2020), https://www.grassley.senate.gov/news/news-releases/grassley-case-waste-fraud-and-abuse-office-net-assessment (“Last week I introduced an amendment to the Defense Bill that does several things.  First, it reduces ONA’s budget to 10 million dollars a year.  Second, it requires the Secretary of Defense to create a comprehensive plan to ensure that ONA performs an annual net assessment and complies with federal contracting requirements.  Third, it requires the DOD Inspector General to study and report on ONA’s contracting failures and determine if a net assessment can be done for less than 10 million dollars. Fourth, it requires GAO to perform an audit of the effectiveness of the comprehensive plan.”).

    [15] Id.

    [16] “Records” include any written, recorded, or graphic material of any kind, including letters, memoranda, reports,  notes, electronic data (emails, email attachments, and any other electronically created or stored information),  calendar entries, inter-office communications, meeting minutes, phone/voice mail or recordings/records of verbal  communications, and drafts (whether they resulted in final documents).

    MIL OSI USA News

  • MIL-OSI USA: Warner, Daines Introduce Legislation to Boost Job Growth, Support Virginia Communities

    US Senate News:

    Source: United States Senator for Commonwealth of Virginia Mark R Warner

    WASHINGTON —U.S. Sens. Mark R. Warner (D-VA) and Steve Daines (R-MT), both members of the Senate Finance Committee, introduced legislation that will permanently extend the New Markets Tax Credit (NMTC) in order to encourage redevelopment and new construction in communities across the country, including Virginia. The New Markets Tax Credit Extension Act will permanently extend the NMTC, which attracts capital to low-income communities by providing private investors a 39 percent federal tax credit for investments made in businesses or economic development projects, including housing.

    “The New Markets Tax Credit is a vital tool in the fight to build more housing and encourage investment in communities that need it most. By leveraging this program, we can encourage economic development, expand opportunity and make housing more affordable for families across the country,” said Sen. Warner.

    “The New Markets Tax Credit spurs growth and creates jobs in our communities across Montana. Making this program permanent will encourage the opportunities and economic stability our country needs to continue thriving,” said Sen. Daines.

    NMTC investments take place in all 50 states. In the last 20 years, $81 billion in NMTC allocations has financed more than 8,500 businesses and projects with total project costs of over $130 billion. The NMTC Program created or retained more than 894,000 jobs and supported the construction of over 56.7 million square feet of manufacturing space, 94.5 million square feet of office space, and 67.2 million square feet of retail space across the country.

    The New Markets Tax Credit Extension Act is one of several bills Warner has introduced or plans to introduce in the 119th Congress to expand access to housing and make housing more affordable for Virginians.

    Joining Sens. Warner and Daines in introducing this legislation are Sens. John Boozman (R-AK.), Peter Welch (D-VT), Bill Cassidy (R-LA), Chuck Schumer (D-NY), Cindy Hyde-Smith (R-MS), Jeanne Shaheen (D-NH), Pete Ricketts (R-NE), Amy Klobuchar (D-MN), Jerry Moran (R-KS), Maria Cantwell (D-WA), Roger Wicker (R-MS), John Hickenlooper (D-CO(), Marsha Blackburn (R-TN) and Corey Booker (D-NJ).

    The New Markets Tax Credit has been an essential tool for LISC to finance community revitalization work in Virginia and throughout the country. NMTCs have enabled LISC to finance a wide array of projects in disadvantaged communities, including the Petersburg Public Library, the Anna Julia Cooper School and The Market at 25th project in Richmond’s east end.  These projects provide important educational resources, community facilities, healthy food options and affordable housing for local residents.  LISC strongly supports the New Markets Tax Credit Extension Act and thanks Senator Warner for his leadership in making this vital tax credit permanent,” said Jane Ferrara, Executive Director, LISC Virginia.

    “Our New Markets Tax Credit allocation will allow Locus to fill project financing gaps by providing both equity and affordable debt to projects that may not move forward otherwise.  This financing tool will allow Locus to deepen its outreach efforts and drive more capital into projects that create jobs and drive economic development in areas that need it most,” said Clyde Cornett, CFO and Interim CEO, Locus.

    “New Markets Tax Credits (NMTC) have proven to be vital tools in attracting billions in private investment into local communities. Every $1 of federal funding attracts $8 in private investment, which in turn creates jobs, enlivens communities, and spurs growth. We support a permanent NMTC program that can extend and amplify this efficient, market-driven solution in urban and rural areas across the country,” said Ellis Carr, President & CEO, Capital Impact Partners & CDC Small Business Finance.

    “New Markets Tax Credits have been a game-changer in Appalachia and have helped us create and retain over 8,170 jobs across the region, supporting economic development in underserved communities. We appreciate Senator Warner’s continued leadership and efforts to strengthen the program and to make the New Markets Tax Credits permanent,” said Bryan Phipps, President and CEO, People Incorporated.

    Full text of the bill is available here.

     

    MIL OSI USA News

  • MIL-OSI China: China’s lottery sales up 7.6% in 2024

    Source: China State Council Information Office 2

    China’s lottery ticket sales rose 7.6 percent year on year to 623.49 billion yuan (about 86.96 billion U.S. dollars) in 2024, data from the Ministry of Finance showed on Friday.
    Sales of lottery tickets to support the country’s welfare system reached 207.96 billion yuan in 2024, an increase of 7 percent from a year earlier.
    Lottery ticket sales to support the sports industry rose 7.9 percent year on year to 415.53 billion yuan, the ministry said.
    In December last year, the country’s lottery ticket sales hit 57.57 billion yuan, rising 8 percent year on year.
    Under China’s lottery management rules, funds raised from ticket sales are used for administrative expenses and public welfare projects, and to fund prizes.

    MIL OSI China News

  • MIL-OSI Security: All Extradited Distributors of ANOM Hardened Encrypted Devices Plead Guilty to Racketeering Conspiracy

    Source: Office of United States Attorneys

    SAN DIEGO – Alexander Dmitrienko of Finland became the last of eight defendants extradited so far to admit participating in the worldwide conspiracy to distribute ANOM hardened encrypted communication devices to criminal syndicates. The ANOM enterprise facilitated drug trafficking, money laundering, and obstruction of justice crimes.

    The eight defendants were among 17 indicted in San Diego in 2021 in connection with Operation Trojan Shield, a first-of-its-kind, international law enforcement effort in which the FBI secretly operated an encrypted messaging network. The ANOM criminal enterprise was responsible for the distribution of more than 12,000 devices in 100 countries. While ANOM’s criminal users unknowingly communicated on the system operated by law enforcement, agents catalogued more than 27 million messages between users around the world whose criminal discussions were covertly obtained and reviewed by the FBI.

    ANOM devices were sold to and used by over 300 criminal syndicates, including outlaw motorcycle gangs, Italian and Balkan organized crime groups, and international drug trafficking organizations. The investigation culminated in a worldwide takedown on June 7, 2021. During the takedown, more than 10,000 law enforcement officers made over 500 arrests and searched over 700 locations around the world.

    Of the 17 indicted in San Diego, eight have been extradited to date. Dmitrienko pleaded guilty in federal court yesterday; defendants Seyyed Hossein Hosseini and Aurangzeb Ayub of the Netherlands and Shane Ngakuru of New Zealand entered their guilty pleas on January 23, 2025; Dragan Nikitovic, Edwin Harmendra Kumar, Miwand Zakhimi, and Osemah Elhassen pleaded guilty between May and September 2024. All pleaded guilty to Count 1 of a superseding indictment charging them with a racketeering conspiracy in connection with the ANOM enterprise.

    Prior to their guilty pleas, the defendants filed motions to dismiss the indictment and a motion to suppress the ANOM evidence. The District Court denied those motions, concluding the Fourth Amendment did not apply to the defendants and the ANOM data collection did not violate the U.S. Constitution.

    In total, the investigation resulted in approximately 1,200 arrests; the seizure of more than 12 tons of cocaine, three tons of methamphetamine or amphetamines; 17 tons of precursor chemicals, 300 firearms, and $58 million in various currencies. Dozens of public corruption investigations, too, have been pursued, and more than 50 drug labs have been dismantled. Further, over 150 threats to life were prevented.

    According to their plea agreements, the defendants promoted the ANOM platform as “Built by criminals for criminals,” and touted security features such as the ability to wipe devices remotely when seized by law enforcement. The defendants admitted that the conspiracy’s purposes included money laundering and laundering with cryptocurrency. As to drugs, specifically, the four defendants who pleaded guilty in January and February 2025—Hosseini, Dmitrienko, Ayub, and Ngakuru—all admitted that they sold ANOM devices knowing that they would be used to traffic at last 50 kilograms of cocaine; Ngakuru also admitted the importation, exportation, and distribution of at least five kilograms of methamphetamine. Based on their plea agreements and other court filings, what these defendants also did as part of the conspiracy included:

    • Hosseini was a part of a team of ANOM distributors, “Team Wijzijn,” based in the Netherlands. He and Dmitrienko discussed the distribution of “90% pure, Peruvian” cocaine, for example, and he and Kumar messaged each other about bringing “kilos” from Belgium and getting drugs to Australia by “Fisher boats.” Hosseini promoted ANOM’s security features and told other distributors about vulnerabilities of competitors SkyECC and No. 1 BC. Hosseini also admitted to obstructing justice through wiping ANOM devices when they were seized by law enforcement.
    • Dmitrienko distributed ANOM devices from Spain. He frequently used ANOM for cocaine and other drug distribution: “5 blocks of colombian coke” and “32 blocks,” he offered in two instances, in addition to conversations about “cook[ing] cocaine.” Dmitrienko wrote about “gateways” and “interesting opportunities” for the enterprise in Russia and Ukraine, including through Latvia and Lithuania. He also promoted money laundering through a company he had in Delaware, telling Hosseini that it involved “0% tax and no book[k]eeping…Yes this is pure moneylaund[e]ring 😂.”
    • Ayub was an ANOM distributor in Europe, who also sold encrypted communications devices in the U.A.E.—and he had been imprisoned in Dubai for distributing these types of platforms. Ayub was involved in cocaine distribution as he talked about “top” (cocaine) from Colombia, and delivery to London, and sending “100k at a time” to pay for the drugs. He promoted ANOM through his own experience and contrasts with Encrochat and SkyECC, both of which were taken down by law enforcement in 2020 and 2021. Ayub, too, admitted to the obstruction of justice through wiping ANOM devices.
    • Ngakuru was based in Thailand, distributing ANOM devices there and in New Zealand and Australia. He used the platform for extensive cocaine and methamphetamine distribution and money laundering. He was tied to two seizures of methamphetamine; discussed quality, repressing, and prices for “rack” and “bird” (cocaine); and detailed in messages how seven kilograms of methamphetamine was concealed in boxes of “full scan proof” “commercial lights.” Among other times he laundered proceeds, Ngakuru coordinated cash pickup in Sydney, Australia and directed deposits into “Thai accounts.”

    “The statistics of this case are staggering,” said U.S. Attorney Tara McGrath. “The FBI led this unprecedented collaboration for years, harnessing the evidence to bring down cocaine, meth, and cash traffickers across the globe. These guilty pleas underscore the impact of international partnerships in dismantling organized crime.”

    “Operation Trojan Shield was a massive, innovative, and unprecedented case having immeasurable implications to criminal organizations across the globe,” said FBI San Diego Special Agent in Charge Stacey Moy. “This extraordinary impact came from an investigative strategy that relied on ingenuity, partnerships, and perseverance, designing a blueprint for disrupting organized crime within the United States and abroad. The guilty pleas of all extradited defendants highlight the effectiveness of this strategy and reinforces the FBI’s collaborative approach aimed at dismantling Transnational Criminal Organizations worldwide.”

    Matthew Allen, Special Agent in Charge of the DEA Los Angeles Field Division, said, “The triumph of this vast-scale operation demonstrates the immense value of partnerships, both domestic and international. Expert investigators in the DEA Los Angeles Division, working alongside innovative and exceptionally experienced federal and foreign-based partners, took an intricate investigation to the next level. Our multi-agency alliance managed to infiltrate these transnational criminal organizations, ultimately exposing and pummeling their schemes. DEA will continue to foster this type of unprecedented collaboration and offer a core presence.”

    Elhassen and Zakhimi were previously sentenced to 63 and 60 months in prison, respectively. The other six defendants who have pleaded guilty are scheduled to be sentenced in February, April, and May, 2025. They were extradited to the Southern District of California from Australia (Kumar), Colombia (Elhassen), The Netherlands (Hosseini, Ayub, and Zakhimi), Spain (Dmitrienko and Nikitovic), and Thailand (Ngakuru). Eight other defendants in the case have been arrested in locations outside the United States and are yet to be extradited, and one remains a fugitive.

    This case is being prosecuted by Assistant U.S. Attorneys Joshua C. Mellor, Mikaela L. Weber, and Peter S. Horn.

    For further information on investigations and prosecutions of encrypted communication providers, see https://www.justice.gov/usao-sdca/pr/fbi-s-encrypted-phone-platform-infiltrated-hundreds-criminal-syndicates-result-massive (ANOM), https://www.justice.gov/usao-sdca/pr/sky-global-executive-and-associate-indicted-providing-encrypted-communication-devices (Sky Global), and https://www.justice.gov/usao-sdca/pr/chief-executive-communications-company-sentenced-prison-providing-encryption-services (Phantom Secure).

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

    The Justice Department’s Office of International Affairs provided significant assistance in securing the arrests and extraditions of the defendants to the United States.

    DEFENDANTS                                 Case Number 21cr1623-JLS                                   

    Seyyed Hossein Hosseini                   Age: 41                       The Netherlands

    Alexander Dmitrienko                        Age: 49                       Finland

    Aurangzeb Ayub                                 Age: 48                       The Netherlands

    Dragan Nikitovic                                Age: 50                       Croatia and Switzerland

     aka Dr. Djek

    Shane Ngakuru                                   Age: 45                       New Zealand

    Edwin Harmendra Kumar,                  Age: 37                       Australia

     aka Edwin Harmendra Valentine

    Miwand Zakhimi,                               Age: 30                       The Netherlands

     aka Maiwand Zakhimi

    Osemah Elhassen                                Age: 52                       Australia

    SUMMARY OF CHARGES

    Count 1: Racketeering Conspiracy – Title 18, United States Code, Section 1962(d)

    Maximum penalty: Twenty years in prison, and fine of up to $250,000 or twice the gain or loss

    INVESTIGATING AGENCIES

    Federal Bureau of Investigation

    Drug Enforcement Administration

    United States Marshals Service

    Department of Justice, Office of International Affairs

    Australian Federal Police

    Swedish Police Authority

    Lithuanian Criminal Police Bureau

    National Police of the Netherlands

    Office of the Attorney General of Thailand

    Royal Thai Police

    EUROPOL

    MIL Security OSI

  • MIL-OSI Security: Corona Customs Broker Pleads Guilty to Defrauding Clients Out of More Than $5 Million and Evading More Than $1 Million in Taxes

    Source: Office of United States Attorneys

    LOS ANGELES – A customs broker pleaded guilty today to defrauding his clients – businesses who ship goods into the United States from foreign countries – out of more than $5 million, including after he had been indicted on fraud charges, and to committing more than $1 million in tax evasion.

    Frank Seung Noah, 64, of Corona, pleaded guilty to one count of tax evasion and two counts of wire fraud.

    According to his plea agreement, Noah owned and operated Comis International Inc., a Cerritos-based logistics and supply-chain company, which offered customs import brokerage services on behalf of businesses. From 2007 to 2019, Comis was a customs import broker for Daiso, a Japan-based variety and value store with stores in the United States, including Southern California.

    During that time, Noah provided Daiso with false customs duty forms and invoices in support of fraudulent requests for reimbursement for duty fees. These forms differed materially from those Noah submitted to U.S. Customs and Border Protection (CBP) and inflated the total amounts, resulting in Daiso overpaying Noah nearly $3.4 million.

    After Noah was indicted for defrauding Daiso in 2022, he continued to defraud his other clients out of more than $2 million using a different fraud scheme. Noah defrauded two other client companies by invoicing and receiving funds from the two victim companies, and then simply pocketing the funds instead of paying the customs duties to CBP. After CBP notified the victim clients of their unpaid customs duties, they asked Noah about the unpaid fees, and he sent the victim clients altered bank statements falsely reflecting that he had paid the customs duties. 

    Noah also willfully evaded payment of federal taxes resulting in a loss to the IRS of approximately $2.4 million, with penalties and interest continuing to accrue. After agreeing with the IRS that he owed more than $1 million in taxes in 2014, Noah actively avoided IRS attempts to collect the amount owed. This included paying for two homes in his former girlfriend’s name, using check cashing businesses to avoid IRS levies of his bank accounts, lying to IRS collection agents, and spending thousands of dollars on country club memberships, travel, and golf purchases.

    United States District Judge Josephine L. Staton scheduled a May 8 sentencing hearing at which time he will face a maximum sentence of 20 years in federal prison for each wire fraud count and up to five years in federal prison for the tax evasion count.

    IRS Criminal Investigation and Homeland Security Investigations investigated this matter with the assistance of United States Customs and Border Protection.

    Assistant United States Attorneys Nandor F.R. Kiss and Robert J. Keenan of the Orange County Office are prosecuting this case. 

    MIL Security OSI

  • MIL-OSI Security: Former Army Private Sentenced to 22 Years in Prison for Child Sexual Exploitation Crimes Involving Girls He Met on Snapchat

    Source: Office of United States Attorneys

    LOS ANGELES – A former Army private based at Fort Irwin was sentenced today to 264 months in federal prison for producing child sexual abuse material (CSAM) depicting a 14-year-old girl, using Snapchat to receive CSAM of her when she was 13 years old, possessing CSAM featuring her on his iPhone, and for receiving sexually explicit images of a 15-year-old girl via Snapchat. 

    Parker William White, 24, of Johnsonville, New York, was sentenced by United States District Judge André Birotte Jr., who scheduled a restitution hearing for May 2. Upon his eventual release from prison, White will be placed on lifetime supervised release. White has been in federal custody since February 2023.

    At the conclusion of a five-day trial in August 2024, a jury found White guilty of one count of production of child pornography, three counts of receipt of child pornography, and one count of possession of child pornography.

    In January 2022, the Department of Children and Families in Bay County, Florida received a tip that White was engaging in an online, sexual relationship with a 14-year-old girl.  Later, investigators found CSAM of her on White’s iPhone as well as CSAM that White had received via Snapchat featuring her and another minor.

    White used Instagram, Snapchat, and other social media platforms to find minor “girlfriends” as young as 13 years old, according to court documents.  White groomed these minor girls by boasting about his military service, telling them that they were “beautiful” and “queens,” and pretending to be in love with them.  In some instances, White deceptively portrayed himself as teenager to earn their trust.  White’s behavior would then escalate to a practice that he called “teasing.”  He would send these children sexually explicit videos and photographs of himself via social media and encourage them to “tease” him back by doing the same.

    Homeland Security Investigations, the Department of the Army Criminal Investigation Division, and the Bay County Sheriff’s Office investigated this case.

    Assistant United States Attorneys Lyndsi C. Allsop of the Violent and Organized Crime Section and Laura A. Alexander of the Environmental Crimes and Consumer Protection Section prosecuted this case.

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

    MIL Security OSI

  • MIL-OSI Security: Feeding Our Future Defendant Sentenced to 43 Months in Prison For Her “Flagrant” Role in $250 Million Fraud Scheme

    Source: Office of United States Attorneys

    MINNEAPOLIS – Sharon Denise Ross, 54, of Willernie, Minnesota, has been sentenced to 43 months in prison followed by three years of supervised release for her role in a $250 million fraud scheme that exploited a federally funded child nutrition program during the COVID-19 pandemic, announced Acting U.S. Attorney Lisa D. Kirkpatrick. Ross was also ordered to pay restitution in the amount of $2,434,360. Ross was further ordered to forfeit to the United States all property derived from fraud proceeds, including her house in Willernie.

    Ross was charged in a 12-count indictment on March 7, 2023, with wire fraud and money laundering for her role in devising and carrying out a multi-million dollar scheme to defraud the Federal Child Nutrition Program.  On January 10, 2024, Ross pled guilty to one count of wire fraud.

    According to court documents, Ross was the executive director of House of Refuge Twin Cities, a St. Paul-based non-profit which she enrolled in the Federal Child Nutrition Program under the sponsorship of Feeding Our Future and Partners in Nutrition. Ross claimed that House of Refuge operated distribution sites at a dozen locations throughout the Twin Cities that served food by a vendor called Brava Café, a restaurant in Minneapolis run by Hanna Marakegn. Between September 2021 through February 2022, Ross falsely claimed to be serving thousands of children each day at her House of Refuge sites, which included fraudulently claiming to feed children at multiple area churches.  In total, Ross fraudulently claimed to have served nearly 900,000 meals and she received approximately $2.4 million in fraudulent Federal Child Nutrition Program funds. Ross distributed hundreds of thousands of dollars to family members and used the rest of the money to fund her lifestyle, including to pay for vacations to Florida and Las Vegas, to purchase a suite at a Minnesota Timberwolves game, and to purchase her house in Willernie.

    In handing down the sentence today, Judge Nancy E. Brasel commented that Ross “used a position of trust in the community” for her own “flagrant personal gain.” Judge Brasel further noted that Ross’s crime was all the more aggravating because she acquired large amounts of fraudulent money in an “extremely short time span” while Ross was on probation for another fraud.

    The case is the result of an investigation by the FBI, IRS – Criminal Investigations, and the U.S. Postal Inspection Service. 

    Assistant U.S. Attorneys for the District of Minnesota Joseph H. Thompson, Harry M. Jacobs, Matthew S. Ebert, and Daniel W. Bobier prosecuted the case. Assistant U.S. Attorney Craig Baune is handling the seizure and forfeiture of assets.
     

    MIL Security OSI

  • MIL-OSI Security: Salvadoran national pleads guilty to illegal possession of a firearm

    Source: Office of United States Attorneys

    ALEXANDRIA, Va. – A Salvadoran national pled guilty today to unlawful possession of a firearm.

    According to court documents, on July 13, 2024, law enforcement responded to a report of a man brandishing a handgun at the Harmony Trailer Park. There, officers located Adalberto Rivas Machado, 20, who matched the description of the subject.

    When a uniformed officer exited his marked vehicle, Rivas Machado fled on foot but was detained after a short chase. During a subsequent pat-down, officers located the handgun in Rivas Machado’s sweatpants above his left ankle. The firearm was loaded with 9mm hollow point ammunition.

    Rivas Machado was prohibited from possessing a firearm under federal law. Rivas Machado had illegally entered the United States and did not have any legal status in the country. An investigation by Homeland Security Investigations (HSI) revealed that he entered the United States without authorization as a juvenile in 2018 and an immigration judge ordered in 2019 that he be removed to El Salvador. Additionally, Rivas Machado could not possess a firearm because he was addicted to and an unlawful user of drugs. Rivas Machado admitted that he was addicted to fentanyl at the time he possessed the firearm. FCPD officers recovered fentanyl from him when he was arrested.

    Rivas Machado is scheduled to be sentenced on May 22 and faces up to 15 years in prison. Actual sentences for federal crimes are typically less than the maximum penalties. A federal district court judge will determine any sentence after considering the U.S. Sentencing Guidelines and other statutory factors.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; Kai Wah Chan, Acting Special Agent in Charge of Homeland Security Investigations (HSI) Washington, D.C.; and Kevin Davis, Fairfax County Chief of Police made the announcement after U.S. District Judge Patricia Tolliver Giles accepted the plea.

    Assistant U.S. Attorney Marc J. Birnbaum is prosecuting the case.

    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.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 1:24-cr-221.

    MIL Security OSI

  • MIL-OSI Security: Massachusetts Man Arrested for Making Violent Threats Against Officials, Private Individuals and Children

    Source: Office of United States Attorneys

    BOSTON – A Wilbraham, Mass. man has been arrested and charged for allegedly making numerous violent threats on social media targeting certain officials and their families, private individuals, children and sensitive locations such as shopping malls and an elementary school.

    Funwayo Mbilini Nyawo, also known as “Jonathan Funwayo Nyawo,” “Michael Jacobs,” “Robert Jacobs,” and “Carl Fields,” 36, was charged in the District of Massachusetts with one count of interstate transmission of threatening communications. Nyawo was arrested yesterday in the Southern District of Florida and ordered detained until his appearance in federal court in Springfield, Mass., which will take place at a later date.

    According to the charging documents filed in federal court in Springfield, Mass., between approximately July 30, 2024 and Nov. 7, 2024, Nyawo posted various threatening communications on X (formerly known as Twitter) and Google targeting certain officials and their family members; private individuals; the children of Wilbraham and Boston; members of the Wilbraham Police Department, Wilbraham Fire Department and the Miami Police Department (and their family members); shopping malls in Holyoke and Burlington, Mass.; and an elementary school, among others.

    Specifically, according to the charging documents, Nyawo’s threats involved explicit and repeated threats to bomb, shoot, or otherwise kill his targets. For example, on Aug. 21, 2024, Nyawo allegedly posted the following threat on social media: “wilbraham and boston:  time for your children to die. […] The Wilbraham Police and Fire Department I’m going to kill their families next and make them watch before I kill them.” It is further alleged that Nyawo frequently fixated on children. For example, on Sept. 27, 2024, Nyawo allegedly posted a threatening message concerning an elementary school, stating: “Torch it. Kill the kids,” followed by a photograph of the elementary school.

    Nyawo’s threats also often allegedly expressed a call to arms directed at followers of the foreign terrorist organizations ISIS and Al Qaeda or at Muslim holy warriors known as mujahadeen. For example, on Nov. 1-4, 2024, Nyawo allegedly made three successive posts: “ISIS: Attack Boston again;” “Start killing g [sic] the children of the Miami Police ISIS;” and “Mujahideen from around the world: Go to boston. Shoot to kill. Preferably their children.”

    The charge of interstate transmission of threatening communications provides for a sentence of up to five years in prison, three years of supervised release and a fine of up to $250,000. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.

    United States Attorney Leah B. Foley; Jodi Cohen, Special Agent in Charge of the Federal Bureau of Investigation, Boston Division; and J. Thomas Manger, Chief of the United States Capitol Police made the announcement today. Valuable assistance was provided by the Hampden County Sheriff’s Department and the Wilbraham and Miami-Dade Police Departments. Assistant U.S. Attorney Steven H. Breslow of the Springfield Branch Office is prosecuting the case.

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

    MIL Security OSI

  • MIL-OSI Security: Brooklyn Park, Minnesota, Man Sentenced for Distributing Cocaine

    Source: Office of United States Attorneys

    Young Woman Died After Using Cocaine Distributed as Part of Trafficking Conspiracy

    A man who conspired with others to distribute large quantities of cocaine that resulted in the death of a young Dubuque woman was sentenced today to more than 16 years in federal prison.

    Michael Samuel Knight, age 38, from Brooklyn Park, Minnesota, received the prison term after a September 10, 2024, guilty plea to one count of conspiracy to distribute 500 grams of more of cocaine within 1000 feet of several parks and schools in Dubuque, Iowa, between 2017 and April of 2021, that resulted in the death of a young Dubuque woman on February 14, 2021.  Knight also pled guilty to personally distributing the cocaine on February 14, 2021, that caused the woman’s death.

    At the plea hearing, Knight admitted he was a member of a conspiracy to distribute cocaine in the Dubuque area near numerous parks and schools.  He admitted getting cocaine from the individual who brought it from Chicago, and then worked with others to distribute the cocaine to customers in Dubuque.  On February 14, 2021, Knight distributed cocaine to a young woman in Dubuque who went home, used the cocaine and died.

    Knight was sentenced in Cedar Rapids by United States District Court Chief Judge C.J. Williams.  Knight was sentenced to 201months’ and 19 days imprisonment and was ordered to make $13,911 in restitution to the victim’s family.  He must also serve a 8-year term of supervised release after the prison term.  There is no parole in the federal system.

    Knight is being held in the United States Marshal’s custody until he can be transported to a federal prison.

    The case was prosecuted by Assistant United States Attorneys Patrick J. Reinert and Nicole Nagin and was investigated as part of the Organized Crime Drug Enforcement Task Force (OCDETF) program of the United States Department of Justice through a cooperative effort of the Federal Bureau of Investigation, the Bureau of Alcohol, Tobacco, Firearms, and Explosives, Iowa Medical Examiner’s Office and the Dubuque Drug Task Force, comprised of Dubuque Police Department, Dubuque Sheriff’s Office.  OCDETF identifies, disrupts, and dismantles the highest-level criminal organizations that threaten the United States using a prosecutor-led, intelligence-driven, multi-agency approach. Additional information about the OCDETF Program can be found at https://www.justice.gov/OCDETF

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

    The case file number is 23-CR-01013.

    Follow us on X @USAO_NDIA.

    MIL Security OSI

  • MIL-OSI Security: Exploiter of Children Sentenced to 38 Years in Prison by Miami Federal Judge

    Source: Office of United States Attorneys

    MIAMI – Rafael Antonio Saldana, 39, of Miami-Dade County, has been sentenced to over 38 years in prison after a South Florida federal jury found him guilty in October 2024, of various child exploitation crimes.

    In 2023, Saldana solicited sexually explicit images from three minors (aged 14, 16, and 17) and attempted to meet them in person for sex. Ultimately, Saldana coordinated a plan with the youngest of the children: They would meet at a local McDonald’s then go to Saldana’s house for sex. Saldana arrived across the street from the restaurant on the set date and time and directed the minor to meet him, but law enforcement officers were waiting for him. Investigation revealed that Saldana possessed over sixty images of child sexual exploitation. 

    At trial, the jury found Saldana guilty of three counts of attempted enticement of a minor to engage in sexual activity, attempted production of visual depictions involving sexual exploitation of minors, receipt of visual depictions involving sexual exploitation of minors, and possession of visual depictions involving sexual exploitation of minors.

    U.S. Attorney Hayden O’Byrne for the Southern District of Florida; Acting Special Agent in Charge Jose R. Figueroa of Homeland Security Investigations (HSI), Miami Field Office; and Sheriff Rosie Cordero-Stutz of the Miami-Dade Sheriff’s Office made the announcement.

    HSI Miami and MDSO investigated the case.  Assistant U.S. Attorneys Audrey Pence Tomanelli and Arielle Klepach prosecuted the case.

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

    You may find a copy of this press release (and any updates) on the website of the United States Attorney’s Office for the Southern District of Florida at https://www.justice.gov/usao-sdfl.

    Anyone with information regarding child sexual exploitation and abuse is encouraged to call (877) 4-HSI-TIP [(877) 447-4847].

    Related court documents and information may be found on the website of the District Court for the Southern District of Florida at www.flsd.uscourts.gov or at http://pacer.flsd.uscourts.gov under case number 23-cr-20308.

    ###

    MIL Security OSI

  • MIL-OSI Security: Honduran sex offender sentenced to two years in prison after repeatedly reentering the United States

    Source: Office of United States Attorneys

    ALEXANDRIA, Va. – A Honduran national was sentenced today to two years in prison for illegally reentering the United States and failing to register as a sex offender.

    According to court documents, Eliseo Garcia Gordillo, aka Julio Antonio Caceres Morales and Julio Caceres-Antonio, 43, has been removed three times previously for illegally entering or reentering the United States. On June 17, 2019, Garcia Gordillo was convicted in Prince William County of two counts of aggravated sexual battery of a victim under the age of 13. Garcia Gordillo was required to register as a sex offender on a quarterly basis for the rest of his life and to keep his registration current.

    After his most recent reentry into the United States, Garcia Gordillo was arrested in Prince William County. Garcia Gordillo failed to keep his registration as a sex offender current.

    Erik S. Siebert, U.S. Attorney for the Eastern District of Virginia; Kai Wah Chan, Acting Special Agent in Charge of Homeland Security Investigations (HSI) Washington, D.C.; and Shannon Saylor, U.S. Marshal for the Eastern District of Virginia, made the announcement after sentencing by Senior U.S. District Judge Claude M. Hilton.

    Special Assistant U.S. Attorneys Lyndi E. McVey, Katherine Legel-Kasper, and Noah Sissoko prosecuted the case.

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Eastern District of Virginia. Related court documents and information are located on the website of the District Court for the Eastern District of Virginia or on PACER by searching for Case No. 1:24-cr-244.

    MIL Security OSI

  • MIL-OSI USA: Welch Reaction to Senate Republicans’ Proposed Budget Resolution

    US Senate News:

    Source: United States Senator Peter Welch (D-Vermont)

    BURLINGTON, VT — U.S. Senator Peter Welch (D-Vt), a member of the Senate Finance Committee, today released the following statement after Senate Republicans unveiled a proposed budget resolution that could lead to major cuts to critical programs like Medicaid and clean energy initiatives while providing trillions in tax breaks to the ultra-wealthy: 
    “With this plan, Senate Republicans have shown us that their true priority will always be following President Trump’s extremist agenda over doing what’s good for the American people. This blueprint would take a wrecking ball to the progress we’ve made to strengthen and repair our infrastructure, combat climate change, and lower health care costs. This plan also threatens to cut Medicaid and take away the health care that so many Vermonters and folks across America rely on. We will fight this budget plan at every turn to preserve the programs hardworking Vermont families and seniors rely on.” 

    MIL OSI USA News

  • MIL-OSI USA: Senator Collins Leads Bipartisan Group in Introducing Bill to Improve Access to High-Quality Job Training

    US Senate News:

    Source: United States Senator for Maine Susan Collins

    Washington, D.C. —U.S. Senators Susan Collins, Tim Kaine (D-VA), Tina Smith (D-MN), and Roger Marshall (R-KS) introduced the Jumpstarting Our Businesses by Supporting Students (JOBS) Act, bipartisan legislation to help more Americans get good-paying jobs by allowing students to use federal Pell Grants—need-based education grants for lower-income individuals—to pay for shorter-term job training programs for the first time. Currently, students can only use Pell Grants for two- and four-year colleges and universities. By expanding Pell Grant eligibility, the JOBS Act would help close the skills gap by allowing people to access job training they might otherwise be unable to afford but need for careers in high-demand fields. Senator Angus King is a cosponsor of the legislation.

    “Job training programs are proven, successful tools that help people gain the skills they need to prepare for rewarding careers,” said Senator Collins.  “By helping students in Maine and across the country access this career pathway, this bipartisan legislation would assist young people with obtaining good-paying jobs and make it easier for businesses to find qualified workers.”

    “When we give Maine people the tools and resources to access critical career education training, we’re setting them up for a lifetime of success,” said Senator King. “The bipartisan Jumpstarting Our Businesses by Supporting Students (JOBS) Act will expand Pell Grant eligibility and, in turn, make a real difference for folks across our state by breaking down financial barriers and opening the door to good-paying jobs. Supporting and strengthening our workforce will also help ensure our businesses thrive with the help of highly-trained, hardworking Maine people. It’s a win-win.”

    “All across Maine there are lower-income people desperate to get the practical, relevant skills they need for good-paying jobs – but they can’t afford it. This legislation would remove the financial barriers that hold those people back. Just this year, one of our colleges struggled to fill a five-week welding course that cost about $1,000 – until they used one-time grant funds to make it tuition-free and about 100 people immediately signed up. The demand is there. The jobs are there. We need to fill the gap with affordable training. Pell Grants for short-term workforce training like that welding class would allow those students ongoing access to training that will fill critical jobs across Maine’s industries,” said David Daigler, President of the Maine Community College System.

    Thanks to historic investments like the Infrastructure Investment and Jobs Act (IIJA), the U.S. economy added 14.8 million jobs between January 2021 and January 2025. Senator Collins was part of the core group of 10 Senators who negotiated the text of the IIJA. Still, there remains a skilled labor shortage that is expected to intensify in the coming years, in part because unemployed Americans lack access to the job training needed to fill vacant jobs.

    The JOBS Act would allow Pell Grants to be used for high-quality job training programs that are at least eight weeks in length and lead to industry-recognized credentials or certificates. Under current law, Pell Grants can only be applied toward programs that are over 600 clock hours or at least 15 weeks in length, rendering students in shorter-term high-quality job training programs ineligible for this crucial assistance.

    Specifically, the JOBS Act would amend the Higher Education Act by:

    • Expanding Pell Grant eligibility to students enrolled in rigorous, high-quality, short-term skills and job training programs that lead to industry-recognized credentials and certificates, ultimately preparing them for employment in high-wage, high-skill industries;
    • Ensuring students who receive Pell Grants earn high-quality postsecondary credentials by requiring that they meet Workforce Innovation and Opportunity Act (WIOA) standards, are recognized by employers or industry partnerships, align with the skill needs of the state or local economy, and receive approval from both the state workforce board and the U.S. Department of Education; and
    • Defining eligible job training programs as those that provide career and technical education at institutions such as community or technical colleges, meet minimum instructional time requirements, align with local or regional workforce needs, offer transferable credits for continued education, and equip students with licenses, certifications, or credentials that meet hiring requirements across multiple employers in the field.

    The legislation is also cosponsored by U.S. Senators Tammy Baldwin (D-WI), Richard Blumenthal (D-CT), Lisa Blunt Rochester (D-DE), Cory Booker (D-NJ), John Boozman (R-AR), Shelley Moore Capito (R-WV), Chris Coons (D-DE), Catherine Cortez Masto (D-NV), Kevin Cramer (R-ND), Steve Daines (R-MT), Tammy Duckworth (D-IL), Kirsten Gillibrand (D-NY), Maggie Hassan (D-NH), Martin Heinrich (D-NM), John Hickenlooper (D-CO), John Hoeven (R-ND), Cindy Hyde-Smith (R-MS), Mark Kelly (D-AZ), Amy Klobuchar (D-MN), Jeff Merkley (D-OR), Jon Ossoff (D-GA), Gary Peters (D-MI), Jacky Rosen (D-NV), Jeanne Shaheen (D-NH), Dan Sullivan (D-AK), Thom Tillis (R-NC), Tommy Tuberville (R-AL), Chris Van Hollen (D-MD), Mark R. Warner (D-VA), Roger Wicker (R-MS), and Ron Wyden (D-OR).

    The JOBS Act is supported by Advance CTE, the American Association of Community Colleges, the Association for Career and Technical Education, the Association of Community College Trustees, the Association of Equipment Manufacturers, Business Roundtable, the Center for Law and Social Policy, the Exhibitions and Conferences Alliance, Higher Learning Advocates, HP Inc., the Information Technology Industry Council, Jobs for the Future, the Joint Center for Political and Economic Studies, the National Association of Workforce Boards, the National Association of Workforce Development Professionals, the National Skills Coalition, the Progressive Policy Institute, and Rebuilding America’s Middle Class.

    Full text of the bill is available here, and a summary of the bill is available here.

    MIL OSI USA News

  • MIL-OSI United Nations: Responsible Global Governance of Artificial Intelligence Critical, Speakers Say, as Economic and Social Council Concludes Its Coordination Segment

    Source: United Nations General Assembly and Security Council

    Amid the fourth industrial revolution, responsible global governance of artificial intelligence (AI) is paramount, the Economic and Social Council heard today as speakers at its 2025 coordination segment explored the transformative potential of data, science, technology and innovation to advance sustainable development.

    The first of the four panel discussions held today — moderated by Mahlet Zeleke Redi, Focal Point of Global Youth Caucus on Decent Work and Sustainable Economies Major Group for Children and Youth — focused on “Creating employment and decent work opportunities for all”.

    It began with a fireside chat featuring José Manuel Salazar-Xirinachs, Executive Secretary of the Economic Commission for Latin America and the Caribbean (ECLAC), and Cynthia Samuel-Olonjuwon, Director of the International Labour Organization (ILO) Office for the United Nations.

    Mr. Salazar-Xirinachs, spotlighting the challenge of job creation, said that in the era of technological and AI revolutions, one of the key drivers of investment flows to countries is not just cheap but skilled labour.  Therefore, he stressed, the quality of education and vocational training systems and the digital skills of the labour force are essential for people to get good jobs and for countries to thrive.

    Ms. Samuel-Olonjuwon underscored that prioritizing decent work for young people pays back “sustained and multifaceted dividends” for their families and nations.  Technological transformation is rapidly driving change in the world of work and beyond, she observed, adding that “skills have become a priority”.  Noting the importance of education, training and entrepreneurship for young businesses, she said that policy actions should be guided by the actual needs of young people and “put them in the driver seat”.

    The panel began with Gerd Müller, Director General of the United Nations Industrial Development Organization (UNIDO), who underscored — via video message — that “creating decent jobs is the core of our mission” to fight poverty and hunger worldwide.  While spotlighting AI’s massive opportunities — including to improve productivity and competitiveness — he underlined the need to “close the existing digital divides”.  More specifically, it is crucial to address the potential downsides of digitalization and automation, including the risk of job losses and shifting production away from developing countries, he stressed, pointing to UNIDO’s projects which equip young people and women in developing countries with technical skills for decent jobs.

    Abdulaziz M. Alwasil (Saudi Arabia), Chair of the Commission on the Status of Women on its sixty-ninth session, stressed that an inclusive society cannot be built without gender equality.  The empowerment of women and girls is paramount, he said, adding that in many countries, women and girls are deprived of equal access to economic opportunities and leadership roles.  “This undermines the resilience of societies,” he stated, underscoring the need to push for policy outcomes that are “not just ambitious in rhetoric but transformative in practice”.

    “We gather here at a moment of profound reckoning” — from the devastating impacts of conflict and rise of authoritarianism to the assaults on fundamental human rights, said Veronica Brown, Women’s Major Group Coordinator for the Women’s Environment and Development Organization.  Warning against forces that aim to roll back hard-won gains in gender equality, she observed:  “Gender equality is too often treated as an add-on rather than a prerequisite for sustainable development.”

    Echoing her concerns, Jemimah Njuki, Chief of the Economic Empowerment section at the United Nations Entity for Gender Equality and the Empowerment of Women (UN-Women), said the empowerment of women and girls is not just a moral imperative but a necessity for achieving all of the Sustainable Development Goals (SDGs) and ensuring a resilient economy.  Nevertheless, women face a 20 per cent gender pay gap and, in many countries, informal employment — where mostly women are to be found — is as high as 90 per cent.  Accordingly, she called for sustainable financing, ensuring that “gender equality remains at the heart of financial systems”.

    Georges-Simon Ulrich, Director General of the Federal Statistical Office of Switzerland and Chair of the Statistical Commission on its fifty-fifth session, speaking via videoconference, called for comprehensive data and statistical systems which permit evidence-based decision-making and detailed the Commission’s work towards supporting inclusive growth strategies and building resilient economies.

    The second panel, moderated by Quintin Chou-Lambert, Senior Adviser to the Under-Secretary-General and Special Envoy for Digital and Emerging Technologies, focused on “Harnessing data, science, technology and innovation to advance digital progress”.

    The fireside chat included Geraldine Fraser-Moleketi, Chancellor of Nelson Mandela University, and Tomas Lamanauskas, Deputy Secretary-General of the International Telecommunication Union (ITU).

    Ms. Fraser-Moleketi said public administration is responsible for ensuring that AI is used to improve lives.  Governance frameworks must leverage scientific expertise to do this, she said, calling for targeted interventions to address the digital divide and technological exclusion.

    Mr. Lamanauskas said:  “Done right, [AI] can mitigate 5-10 per cent of global greenhouse gas emissions by 2030”, and highlighted the “AI for Good summit” which showcases responsible innovation and spotlights AI solutions for each SDG.  He also drew attention to the UN System White Paper on AI Governance, which identifies pre-existing instruments that could also cover AI, from broad ethics to sector-specific technical guidelines. 

    The panel began with Muhammadou M.O. Kah (Gambia), Chair of the Commission on Science and Technology for Development on its twenty-eighth session, who stressed that “when we establish transparent and consistent data governance frameworks, we create an environment of legal certainty that empowers innovators, businesses and consumers alike”.  It is also crucial to establish clear avenues for redress, he said, underscoring the importance of interoperability — “by aligning our legal and technical standards, we could create pathways for seamless data flows that enhance cooperation and facilitate the global exchange of ideas and best practices”.

    Next, Tatiana Molcean, Executive Secretary of the Economic Commission for Europe (ECE), highlighted its efforts to facilitate trade by streamlining trade-related processes and digitalizing the exchange of information.  ECE hosts the United Nations Centre for Trade Facilitation and Electronic Business, which develops interoperable data exchange standards and policy recommendations, enabling seamless data exchange across systems, borders and value chains.  “Today, many products have AI embedded.  Ensuring their conformity and safety presents new challenges,” she said, adding that ECE has released guidance for regulatory compliance of products and services using embedded AI or other digital technologies.

    Julia Glidden, Group President of Ipsos Public Affairs, said that “it is easy to talk about sexy data-driven topics like GenAI, Edge Computing [and] geospatial intelligence”, but it is also essential to combine established technologies with sophisticated data analytics.  As an example, she said, her organization worked with Mondelez, a multinational food producer, to use data to understand cocoa farmers’ working conditions and economic growth.  Collecting reliable data meant reaching communities in remote areas, often traveling by foot, donkey and canoe to capture and transmit data from areas that often lack electricity, let alone Wi-Fi.  They did so “by using tablet devices enabled by Ipsos’s iField” technology, she added.

    Fernand Bale, Director of the Geographic and Digital Information Center of Côte d’Ivoire, said that because geospatial information integrates diverse data and scientific approaches, it “enables policymakers to process large amounts of data, thereby strengthening the interface between policy and science”.  Communities and Governments can use geospatial information and maps to visualize locations where critical infrastructure is needed, or areas affected by disasters, pollution or biodiversity loss.  By enhancing policies and capacities related to geospatial information, “we democratize access to data and knowledge”, he said.

    Moderated by Lok Bahadur Thapa (Nepal), Vice-President of the Economic and Social Council and co-facilitator of the Fourth International Conference on Financing for Development, the sixth panel focused on “Financing and investment solutions for sustainable development in countries in special situations”.

    The speakers for the fireside chat were Jose Antonio Ocampo, Professor at the School of International and Public Affairs, Columbia University, and Robert Powell, Special Representative of the International Monetary Fund (IMF).

    Mr. Ocampo noted that levelling the playing field is not enough for countries in special situations.  Debt and tax cooperation are “pressing problems”, he said, calling for interaction between regional and global institutions and urging the fulfilment of historical commitments for developing countries.  He observed that interaction with Governments and monitoring of graduating countries will uncover systemic inequalities on the ground. 

    Mr. Powell, stating that coordination and trust are critical for efficiency across the UN system, said that Member States in New York are responsible for ensuring that “messaging remains consistent”.  Noting that major financial reforms are already taking place, he spotlighted the Fund’s “historic” special drawing rights (SDRs) allocation of $650 billion and the creation of the Resilience and Sustainability Trust.

    The panel began with Rabab Fatima, High Representative for Least Developed Countries, Landlocked Developing Countries and Small Island Developing States, stressing that the Fourth International Conference on Financing for Development must deliver a renewed global financing framework.

    For her part, Rebeca Grynspan, Secretary-General of the UN Conference on Trade and Development (UNCTAD), pointing to the term “countries in special situations”, observed that States’ perseverance and transformation potential make them “truly special”.  However, there is nothing “special” about small island developing States defaulting on their development to not default on their debt, she said, calling for maximizing the impact of development on technological progress.

    Mathew Gbonjubola, Co-Chair of the Committee of Experts on International Cooperation in Tax Matters, said that developing countries widely adopt the UN Model Double Taxation Convention.  The Committee also supports capacity-development activities and reviews standards — designed from the point of view of developed economies — through the prism of developing countries.  He added that giving the developing countries the ability to sit at the table in designing the world tax system is key.

    “Although Africa has integrated into the global financial system, its economies remain constrained by limited access to stable financing,” observed Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA).  The continent’s debt exceeds $1 trillion, and its countries annually spend millions in debt servicing — “resources that could have been invested in other development priorities”, he noted.  Through the African High-Level Working Group, the Commission works to scale up bank financing and ensure better returns.

    “Over the past two days, we have witnessed the [Economic and Social Council] ecosystem in action, providing ideas and solutions on how to turbocharge implementation as we approach the 2030 deadline of the SDGs,” said Navid Hanif, Assistant Secretary-General for Economic and Social Affairs, Department of Economic and Social Affairs, in his closing remarks.  Noting that this year’s coordination segment was the first since the adoption of the Pact for the Future, he said it has delivered “a clear call to strengthen coordination within the UN system, reduce duplication and address misalignment of partnerships”.

    Anatolio Ndong Mba (Equatorial Guinea), Vice-President of the Economic and Social Council and Chair of the Coordination Segment, said that this year’s meeting has demonstrated that political will can elevate international cooperation to new heights and deliver concrete solutions. “The coordination segment is not just about reflection; it is about action and charting the way forward”, he stated, urging those present to carry forward the momentum and translate discussions into action.  He added:  “We have a responsibility to the people we represent.  The time for bold and coordinated leadership cannot be postponed anymore.”

    MIL OSI United Nations News