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Category: housing

  • MIL-OSI Banking: Phillips 66 announces agreement to divest majority interest in Germany and Austria retail marketing business

    Source: Phillips

    HOUSTON–(BUSINESS WIRE)– Phillips 66 (NYSE:PSX) announced today that its subsidiary, Phillips 66 Continental Holding GmbH, has entered into a definitive agreement to divest a 65 percent interest in its Germany and Austria retail marketing business, including JET-branded sites, to a consortium owned by subsidiaries of investment firms Energy Equation Partners and Stonepeak. Phillips 66 will retain a non-operated 35 percent interest in the business through a newly formed joint venture.
    “This transaction advances our strategy to optimize our portfolio and enhances long-term shareholder value,” said Mark Lashier, chairman and CEO of Phillips 66. “The newly formed joint venture allows us to monetize this non-core asset while retaining the ability to benefit from its future growth.”
    The transaction values the Germany and Austria retail marketing business at an enterprise value of approximately €2.5 billion (approximately $2.8 billion), representing an implied Enterprise Value/EBITDA multiple of 9.1x based on expected 2025 EBITDA. Phillips 66 expects to receive pre-tax cash proceeds of approximately €1.5 billion (approximately $1.6 billion), after customary purchase price adjustments. The proceeds will be used to support the company’s strategic priorities, including debt reduction and shareholder returns.
    In connection with the transaction, Phillips 66 will enter into a multi-year agreement to continue to supply the business with products from the Mineraloelraffinerie Oberrhein GmbH & Co. KG (MiRO) Refinery.
    The Germany and Austria retail business includes 970 sites, of which 843 are JET-branded sites. The transaction is expected to close in the second half of 2025, subject to regulatory approvals and other customary conditions.
    About Phillips 66
    Phillips 66 (NYSE: PSX) is a leading integrated downstream energy provider that manufactures, transports and markets products that drive the global economy. The company’s portfolio includes Midstream, Chemicals, Refining, Marketing and Specialties, and Renewable Fuels businesses. Headquartered in Houston, Phillips 66 has employees around the globe who are committed to safely and reliably providing energy and improving lives while pursuing a lower-carbon future. For more information, visit phillips66.com or follow @Phillips66Co on LinkedIn.
    Cautionary Statement for the Purposes of the “Safe Harbor” Provisions of the Private Securities Litigation Reform Act of 1995 — This news release contains forward-looking statements within the meaning of the federal securities laws. Words such as “anticipated,” “estimated,” “expected,” “planned,” “scheduled,” “targeted,” “believe,” “continue,” “intend,” “will,” “would,” “objective,” “goal,” “project,” “efforts,” “strategies,” “priorities” and similar expressions that convey the prospective nature of events or outcomes generally indicate forward-looking statements. However, the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements included in this news release are based on management’s expectations, estimates and projections as of the date they are made. These statements are not guarantees of future events or performance, and you should not unduly rely on them as they involve certain risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecast in such forward-looking statements. Factors that could cause actual results or events to differ materially from those described in the forward-looking statements include: the possibility that Phillips 66 may not fully realize the expected benefits of the announced transaction; the risk of any unexpected costs or expenses resulting from the announced transaction; changes in governmental policies relating to NGL, crude oil, natural gas, refined petroleum or renewable fuels products pricing, regulation or taxation, including exports; the company’s ability to timely obtain or maintain permits, including those necessary for capital projects; fluctuations in NGL, crude oil, refined petroleum products, renewable fuels, renewable feedstocks and natural gas prices, and refined product, marketing and petrochemical margins; the effects of any widespread public health crisis and its negative impact on commercial activity and demand for the company’s products; changes to government policies relating to renewable fuels and greenhouse gas emissions that adversely affect programs including the renewable fuel standards program, low carbon fuel standards and tax credits for biofuels; liability resulting from pending or future litigation or other legal proceedings; liability for remedial actions, including removal and reclamation obligations under environmental regulations; unexpected changes in costs or technical requirements for constructing, modifying or operating the company’s facilities or transporting its products; the company’s ability to successfully complete, or any material delay in the completion of, any asset disposition, acquisition, shutdown or conversion that it may pursue, including receipt of any necessary regulatory approvals or permits related thereto; unexpected technological or commercial difficulties in manufacturing, refining or transporting the company’s products, including chemical products; the level and success of producers’ drilling plans and the amount and quality of production volumes around the company’s midstream assets; risks and uncertainties with respect to the actions of actual or potential competitive suppliers and transporters of refined petroleum products, renewable fuels or specialty products; changes in the cost or availability of adequate and reliable transportation for the company’s NGL, crude oil, natural gas and refined petroleum or renewable fuels products; failure to complete definitive agreements and feasibility studies for, and to complete construction of, announced and future capital projects on time or within budget; the company’s ability to comply with governmental regulations or make capital expenditures to maintain compliance; limited access to capital or significantly higher cost of capital related to the company’s credit profile or illiquidity or uncertainty in the domestic or international financial markets; damage to the company’s facilities due to accidents, weather and climate events, civil unrest, insurrections, political events, terrorism or cyberattacks; domestic and international economic and political developments including armed hostilities, such as the war in Eastern Europe, instability in the financial services and banking sector, excess inflation, expropriation of assets, and changes in fiscal policy, including interest rates; international monetary conditions and exchange controls; changes in estimates or projections used to assess fair value of intangible assets, goodwill and properties, plants and equipment and/or strategic decisions or other developments with respect to the company’s asset portfolio that cause impairment charges; substantial investments required, or reduced demand for products, as a result of existing or future environmental rules and regulations, including greenhouse gas emissions reductions and reduced consumer demand for refined petroleum products; changes in tax, environmental and other laws and regulations (including alternative energy mandates) applicable to our business; political and societal concerns about climate change that could result in changes to the company’s business or increase expenditures, including litigation-related expenses; the operation, financing and distribution decisions of joint ventures that the company does not control; the potential impact of activist shareholder actions or tactics, and other economic, business, competitive and/or regulatory factors affecting the company’s businesses generally as set forth in Phillips 66’s filings with the Securities and Exchange Commission. Phillips 66 is under no obligation (and expressly disclaims any such obligation) to update or alter its forward-looking statements, whether as a result of new information, future events or otherwise.
    Use of Non-GAAP Financial Information — This news release includes the term “EBITDA,” which, as used in this release, is a forward-looking non-GAAP financial measure. EBITDA is defined as estimated net income plus estimated net interest expense, income taxes, depreciation and amortization. Net income is the most directly comparable GAAP financial measure. EBITDA estimates depend on future levels of revenues and expenses, which are not reasonably estimable at this time. Accordingly, we cannot provide a reconciliation between projected 2025 EBITDA to net income without unreasonable effort.

    Source: Phillips 66

    MIL OSI Global Banks –

  • MIL-OSI: Redwood Services Announces 19th Partnership With New Jersey-Based Guaranteed Service

    Source: GlobeNewswire (MIL-OSI)

    MEMPHIS, Tenn., May 15, 2025 (GLOBE NEWSWIRE) — Redwood Services (“Redwood”), an established home services firm focused on investing in leading HVAC, plumbing, and electrical services companies in growing U.S. markets, announced that it has partnered with Guaranteed Service (“Guaranteed”). This partnership marks Redwood’s nineteenth platform investment, highlighting the company’s ongoing growth and commitment to expansion.

    Founded in May 2018 by Helmi Ben Flah, Guaranteed has quickly grown into one of New Jersey’s premier home service companies, specializing in plumbing, heating, cooling, and electrical work. Known for its outstanding customer care, the company has earned thousands of 5-star reviews and serves a customer base of tens of thousands of loyal homeowners. With a team of over 80 dedicated professionals, Guaranteed delivers exceptional service across New Jersey, driven by a culture of excellence, professionalism, and unwavering customer focus.

    “Guaranteed Service lives up to its name by delivering on its promise in every interaction — whether with customers or team members,” said Richard Lewis, CEO of Redwood Services. “Their commitment to excellence across New Jersey has earned them a deeply loyal customer base, and we’re eager to begin supporting their continued growth and success.”

    The Guaranteed Service team will continue to operate and manage the business under its banner and name, while Redwood will provide operational, strategic, and financial support to enhance the company’s growth. Helmi Ben Flah will retain a significant minority ownership stake as part of the investment.

    “At Guaranteed Service, we’re extremely committed to building a culture that prioritizes personal growth, celebrates team wins, and promotes mutual respect and accountability across the board,” said Ben Flah. “That strong internal foundation shines through in every customer interaction, driving the kind of experiences that lead to thousands of five-star reviews and lasting relationships. Partnering with Redwood will only strengthen our ability to grow, thrive as a business, and continue exceeding customer expectations.”

    About Redwood Services
    Founded in 2020 and headquartered in Memphis, Redwood Services is a nationwide people-focused platform dedicated to empowering elite contractors in the essential home services industry. Redwood provides world-class resources, coaching, and strategic partnerships to 19 leading companies across the United States, enabling its Partners to deliver exceptional HVAC, plumbing, and electrical services to residential customers. Redwood’s mission is to unleash the full potential of its Partners, supporting them in providing high-quality service and building lasting relationships with customers. For more information, visit www.redwoodservices.com.

    From left to right: Raj Midha, David Katz, Lisa White, Richard Lewis, Helmi Ben Flah, John Conway, Sandra Koblas, Lauren Pelkey

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cc970928-9df8-4127-99f9-92753ec8539a

    The MIL Network –

  • MIL-OSI Russia: V. Zelensky arrived in Turkey, while V. Putin decided not to participate in peace talks in Istanbul

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

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

    ANKARA, May 15 (Xinhua) — Ukrainian President Volodymyr Zelensky arrived here on Thursday to meet his Turkish counterpart Recep Tayyip Erdogan amid renewed diplomatic efforts to end the conflict in Ukraine.

    His visit to Turkey follows calls from Russian President Vladimir Putin to resume stalled peace talks in Istanbul.

    V. Zelensky stated that he is ready to take part in direct peace talks with Russia in Istanbul, but only on the condition that V. Putin also takes part in them.

    “I am waiting for who will arrive from Russia, and then I will determine what steps Ukraine should take. The signals from them in the media are not convincing yet,” V. Zelensky said late on Wednesday.

    However, the Kremlin announced that Putin would not join the Russian delegation at the talks in Istanbul on Thursday, and Russia would be represented by presidential aide Vladimir Medinsky.

    Speaking at an informal NATO meeting in Antalya, Turkish Foreign Minister Hakan Fidan said: “The talks that will take place in Istanbul will probably allow us to open a new page.”

    The last direct talks between Ukraine and Russia took place in Istanbul in March 2022, but the parties failed to agree on a cessation of hostilities. –0–

    MIL OSI Russia News –

  • MIL-OSI: Guaranteed Rate Affinity’s David Goldberg Launches The Goldberg Group to Better Serve St. Louis Area Clients

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 15, 2025 (GLOBE NEWSWIRE) — Guaranteed Rate Affinity (GRA), a leading mortgage provider offering unparalleled lending services, today announced the launch of The Goldberg Group, a new team led by long-time GRA loan officer David Goldberg, aimed at expanding services and improving support for homebuyers across St. Louis.

    Goldberg, a 12-year industry veteran who has been with Guaranteed Rate Affinity for the past four years, is forming this new team to bring greater resources, sharper purchase expertise, and deeper community engagement to a market challenged by low inventory and growing buyer demand.

    “The creation of the Goldberg Group allows me to dedicate additional time to leveraging my expertise in complex situations, helping borrowers secure contracts, and performing advanced loan analysis,” said Goldberg. “It’s also an opportunity to invest in the next generation of loan officers while creating a stronger brand and better client engagement through education and social media.”

    The Goldberg Group will focus on service, transparency, and smart growth—with an emphasis on agent collaboration and local expertise.

    “David Goldberg has always been a strong leader in his market,” said Scott Throneberry, EVP of National Sales at Guaranteed Rate Affinity. “We’re excited to see how the elevated support of this new team will help drive growth across St. Louis and raise the bar for client service.”

    About Guaranteed Rate Affinity

    Guaranteed Rate Affinity is a joint venture between Guaranteed Rate, Inc. and Anywhere Integrated Services (NYSE: HOUS), which owns some of the industry’s most recognized and respected real estate brands. The innovative JV has funded over $100 billion in loans since its inception. Guaranteed Rate Affinity originates and markets its mortgage lending services to Anywhere’s real estate, brokerage, and relocation subsidiaries.

    Guaranteed Rate Affinity provides unmatched support to Anywhere brokers coast-to-coast, ensuring their customers receive fast pre-approvals, appraisals, and loan closings, creating the ability for buyers to move quickly and confidently when purchasing homes in today’s competitive market. The company also provides the same services to the public and other real estate brokerage and relocation companies across the country—helping employers improve their employees’ relocation experience by prioritizing customer service, digital mortgage ease, and competitive rates.

    Guaranteed Rate owns a controlling 50.1% stake in Guaranteed Rate Affinity, and Anywhere owns 49.9%. Visit grarate.com for more information.

    Media Contact:
    press@rate.com

    The MIL Network –

  • MIL-OSI NGOs: UK government must immediately close Wethersfield mass containment site for asylum seekers

    Source: Médecins Sans Frontières –

    • A new report released by MSF shows how people staying in Wethersfield mass containment site in the UK are experiencing severe mental health distress.
    • Wethersfield continues to be used as an accommodation site for asylum seekers despite the government promising to end its use.
    • We call on the UK government to end the use of mass containment sites for asylum seekers and encourage the use of dignified and safe accommodation within communities. 

    For over one year, Médecins Sans Frontières (MSF), in partnership with Doctors of the World (DOTW) UK, ran a general healthcare mobile clinic outside the main gates of the former Royal Air Forces base at Wethersfield, in the United Kingdom (UK). Between November 2023 and December 2024, we documented how the isolated site, which accommodates up to 800 men aged between 18 and 65, causes immense harm.

    A new report based on medical data and interviews with the men held at Wethersfield in 2024 highlights mental health distress amongst our patients and protection concerns at the site.

    “A Lonely Place” How Wethersfield is harming asylum seekers pdf — 1.6 MB Download

    “When I first saw the military camp, it was a reminder of the military camps in my home country. Very isolated atmosphere. You can’t socialise and you can’t learn,” says a resident at Wethersfield in 2024.

    The top five countries of nationality of patients attending our mobile clinic were Iran, Eritrea, Afghanistan, Syria, and Sudan. As such, many have fled violence, persecution and conflict and will go on to be recognised as refugees by the UK government.

    “Most of the consultations were for psychological problems. Many people felt anxious and stressed and said Wethersfield reminds them of previous difficult experiences such as imprisonment, torture or living in areas of conflict,” says Emma Withycombe, MSF’s medical activities manager. “It seems very cruel that people who have experienced so much hardship are now living here. The government has chosen to accommodate people in a place that causes harm.”

    In the absence of safe alternatives, many people seeking safety are forced to risk their lives and take dangerous journeys to reach the UK.

    The report reveals:

    A lack of safe routes to the UK

    Everyone who accessed our services had crossed the Channel by small boat. In interviews, participants described dangerous journeys to get to the UK. Three quarters of patients disclosed previous experiences of violence or abuse in their countries of origin and on their journeys to the UK.

    Mental health impacted by the site

    The men we interviewed spoke about the major impact the site was having on their mental health, as well as on the mental health of those around them. 62 per cent of those accessing our service presented with severe mental distress and 30 per cent reported suicidal ideation.

    Serious failures to protect and safeguard

    Our medical team observed that many individuals were accommodated onsite despite being ‘unsuitable’ according to the Home Office’s own guidance. We made a total of 226 safeguarding referrals due to concerns about individual patient safety and wellbeing.

    “People are dying at the UK borders, dying in camps and hotels. Our patients in Wethersfield have survived conflict, persecution, and harrowing journeys to the UK with no safe route to asylum. The government should not be putting refugees into camps once they arrive here,” says Simon Tyler, Executive Director of DOTW.

    Despite evidence that mass containment causes immense psychological harm and suffering, and the government’s own promises to end its use, Wethersfield remains open. In April 2025, Prime Minister Starmer refused to set a date for when the site would close.

    “It is beyond comprehension that Wethersfield remains open, a site which has been the source of intense suffering for people who came to the UK in search of safety. From MSF’s work at the site, we know many of the individuals accommodated here have experienced violence and trauma and will have complex psychological needs,” says Jacob Burns, project manager for MSF. “We had hoped this Labour government would establish a dignified and compassionate asylum system. Instead, we are witnessing a continuation of the same inhumane and restrictive policies, that are fundamentally failing those who are most in need of care and protection.”

    MSF calls on the UK government to:

    • Close Wethersfield immediately and end the policy of mass containment for people seeking safety in the UK.
    • Place people seeking safety in the UK in dignified and safe accommodation in the community.
    • Ensure access to specialist mental health support for asylum seekers in the UK.
    • Home Office accommodation sites must have clear and transparent safeguarding pathways in place before opening.
    • Open new and expand existing safe routes for people seeking safety to reach the UK.

    MIL OSI NGO –

  • MIL-OSI Global: US safety net helps protect children from abuse and neglect, and some of those programs are threatened by proposed budget cuts

    Source: The Conversation – USA – By Todd Herrenkohl, Professor of Social Work, University of Michigan

    Safety net programs protect children in many ways. Energy/E+ via Getty Images

    President Donald Trump and Republicans in the House of Representatives have put forward budget proposals that would slash spending by hundreds of millions of dollars over the next decade on several programs that support low-income U.S. families with children.

    If those cuts are in the version of the 2026 budget that clears Congress, and Trump signs it into law, funding for early childhood education, support for grocery purchases and an array of programs that help keep children fed, housed and cared for would decline sharply.

    As professors who conduct research about child welfare, we are alarmed by these proposed cuts and concerned about their potential impact on children and families. We are particularly concerned that steps taken to reduce costs will make children less safe and more susceptible to the consequences of abuse and neglect.

    Help for low-income families

    Our research has shown that increasing access to programs that support low-income families decreases child abuse and neglect while improving parents’ well-being. Examples of these programs include subsidies for child care and the earned-income tax credit, which supplements the earnings of many low- and moderate-income Americans.

    Other researchers have found further evidence that policies that help low-income families put food on the table, keep a roof over their heads and obtain health care also provide for children’s basic needs, such as food and education, and keep children safe.

    The proposed budget cuts could cost all taxpayers down the line because child abuse and neglect is costly for not only the people who are mistreated as kids but also for society.

    What’s more, a series of cost-benefit studies have found that providing a safety net for families not only helps the families who receive assistance but also society as a whole.

    Child abuse and neglect

    In 2023, child protection agencies received 4.4 million reports for suspected abuse and neglect, and 546,159 cases were confirmed. As high as these numbers are, they drastically underestimate the number of abused and neglected children in the U.S. because many acts of abuse and neglect are never reported.

    Research documenting the consequences and costs of child abuse and neglect has led many experts, including us, to recommend programs and policies that can reduce risks.

    Without attempts to reduce these risks, more children would suffer or die. The U.S Department of Health and Human Services found that 2,000 children died from abuse and neglect in 2023. Nearly half of these fatalities were among children under the age of 1.

    Parents experiencing high levels of stress can be more prone to abusing their kids.
    salim hanzaz/iStock via Getty Images Plus

    Risks tied to poverty

    Some of the most helpful programs to prevent child abuse and neglect focus on reducing poverty.

    Poverty can place children at risk of abuse and neglect. When families can’t afford the bare necessities, it can add to the stress that makes parenting more difficult.

    Poverty isn’t the only cause of child abuse and neglect, but it is high on the list of risk factors. And its harms can be hard to reverse.

    A recent campaign by Prevent Child Abuse America, a nonprofit, posits that child abuse and neglect are not a “bad parent problem” but rather “a lack of resource problem.” Researchers have found that child abuse and neglect often come from the social and economic issues that lead families into crises.

    For example, parenting stress rises and children’s basic needs can go unmet when parents don’t have jobs, lack high-quality child care and generally struggle to make ends meet.

    When families’ basic needs are met, children are safer.
    Jackyenjoyphotography/Moment via Getty Images

    Government programs that help everyone

    The Centers for Disease Control and Prevention has found that improving public health requires government programs that can reduce harm to children and promote childhood development and well-being.

    These programs include efforts to improve parenting skills, expand access to high-quality child care and early education, and strengthen the financial resilience of families.

    And yet the Trump administration initially sought to eliminate Head Start, a successful federally funded preschool program for low-income children, and dismantle many essential services. Evidence indicates that children who participate in Head Start are more likely to finish high school and college, which is important for employment and financial security.

    The CDC and our own review of the research point to big improvements in children’s health and fewer cases of child abuse and neglect with economic policies such as the earned-income tax credit, Temporary Assistance for Needy Families and the Supplemental Nutrition Assistance Program.

    We believe these programs are worth investing in because children’s lives are at stake. Especially when the economy appears to be in trouble, the consequences of weakening the safety net are dire.

    Todd I. Herrenkohl has received research funding from the National Institutes of Health, the National Institute of Justice, and the Centers for Disease Control and Prevention. He is affiliated with the International Society for the Prevention of Child Abuse and Neglect and serves as an editor for Child Abuse & Neglect and the Journal for the Society for Social Work and Research.

    Kathryn Maguire-Jack receives funding from the Centers for Disease Control and Prevention, the Ohio Department of Children and Youth, Triple P America, and Wisconsin Children’s Hospital.

    Rebeccah Sokol receives funding from the Centers for Disease Control and Prevention and the National Institutes of Health.

    – ref. US safety net helps protect children from abuse and neglect, and some of those programs are threatened by proposed budget cuts – https://theconversation.com/us-safety-net-helps-protect-children-from-abuse-and-neglect-and-some-of-those-programs-are-threatened-by-proposed-budget-cuts-255763

    MIL OSI – Global Reports –

  • MIL-OSI Global: Hurricane disaster planning with aging parents should start now, before the storm: 5 tips

    Source: The Conversation – USA – By Lee Ann Rawlins Williams, Clinical Assistant Professor of Education, Health and Behavior Studies, University of North Dakota

    When I lived in Florida, I had a neighbor named Ms. Carmen. She was in her late 70s, fiercely independent and lived alone with her two dogs and one cat, which were her closest companions.

    Each hurricane season, she would anxiously ask if I would check on her when the winds began to pick up. She once told me: I’m more afraid of being forgotten than of the storm itself. Her fear wasn’t just about the weather; it was about facing it alone.

    When hurricanes hit, we often measure the damage in downed power lines, flooded roads and wind-torn homes. But some of the most serious consequences are harder to see, especially for older adults who may struggle with mobility, chronic health problems and cognitive decline.

    Emergency preparedness plans too often overlook the specific needs of elders in America’s aging population, many of whom live alone. For people like Ms. Carmen, resilience needs to start long before the storm.

    The number of older adults in the U.S. and the percentage of the population age 65 and older have been rising.
    US Census Bureau

    I study disaster preparations and response. To prepare for hurricane season, and any other disaster, I encourage families to work with their older adults now to create an emergency plan. Preparing can help ensure that older adults will be safe, able to contact relatives or others for help, and will have the medications, documents and supplies they need, as well as the peace of mind of knowing what steps to take.

    Recent hurricanes show the gaps

    In 2024, Hurricanes Helene and Milton put a spotlight on the risks to older adults.

    The storms forced thousands of people to evacuate, often to shelters with little more than food supplies and mattresses on the floor and ill-equipped for medical needs.

    Flooding isolated many rural homes, stranding older adults. Power was out for weeks in some areas. Emergency systems were overwhelmed.

    A tornado tore into a senior community in Port St. Lucie, Florida, during Milton, killing six people. Some long-term care facilities lost power and water during Helene.

    At the same time, some older adults chose to stay in homes in harm’s way for fear that they would be separated from their pets or that their homes would be vandalized.

    At least 700 people stayed in chairs or on air mattresses at River Ridge Middle/High School in New Port Richey, Fla., during Hurricane Milton.
    AP Photo/Mike Carlson

    These events are not just tragic, they are predictable. Many older adults cannot evacuate without assistance, and many evacuation centers aren’t prepared to handle their needs.

    How to prepare: 5 key steps

    Helping older adults prepare for emergencies should involve the entire family so everyone knows what to expect. The best plans are personal, practical and proactive, but they will contain some common elements.

    Here are five important steps:

    1. Prepare an emergency folder with important documents.

    Disasters can leave older adults without essential information and supplies that they need, such as prescription lists, financial records, medical devices and – importantly – contact information to reach family, friends and neighbors who could help them.

    Many older adults rely on preprogrammed phone numbers. If their phone is lost or the battery dies, they may not know how to reach friends or loved ones, so it’s useful to have a hard copy of phone numbers.

    Consider encouraging the use of medical ID bracelets or cards for those with memory loss.

    Critical documents like wills, home deeds, powers of attorney and insurance records are frequently kept in physical form and may be forgotten or lost in a sudden evacuation. Use waterproof storage that’s easy to carry, and share copies with trusted caregivers and family members in case those documents are lost.

    2. Have backup medications and equipment.

    Think about that person’s assistive devices and health needs. Having extra batteries on hand is important, as is remembering to bring chargers and personal mobility aids, such as walkers, canes, mobility scooters or wheelchairs. Do not forget that service animals support mobility, so having supplies of their food will be important during a hurricane or evacuation.

    Ask doctors to provide an emergency set of medications in case supplies run low in a disaster.

    If the person is staying in their home, prepare for at least 72 hours of self-sufficiency in case the power goes out. That means having enough bottled water, extra pet food and human food that doesn’t need refrigeration or cooking.

    3. Map evacuation routes and shelter options.

    Identify nearby shelters that will likely be able to support older adults’ mobility and cognitive challenges. If the person has pets, make a plan for them, too – many areas will have at least one pet-friendly shelter, but not all shelters will take pets.

    An older woman crosses a street flooded by torrential rain from Tropical Storm Hilary on Aug. 20, 2023, in Thousand Palms, Calif.
    AP Photo/Mark J. Terrill

    Figure out how the person will get to a shelter, and have a backup plan in case their usual transportation isn’t an option. And decide where they will go and how they will get there if they can’t return home after a storm.

    If your loved one lives in a care facility, ask to see that facility’s hurricane plan.

    4. Create a multiperson check-in system.

    Don’t rely on just one caregiver or family member to check on older adults. Involve neighbors, faith communities or local services such as home-delivered meals, transportation assistance, support groups and senior centers. Redundancy is crucial when systems break down.

    5. Practice the plan.

    Go through evacuation steps in advance so everyone knows what to do. Executing the plan should be second nature, not a scramble during a disaster or crisis.

    Planning with, not just for, older adults

    Emergency planning isn’t something done for older adults – it’s something done with them.

    Elders bring not only vulnerability but also wisdom. Their preferences and autonomy will have to guide decisions for the plan to be successful in a crisis.

    That means listening to their needs, honoring their independence and making sure caregivers have realistic plans in place. It’s an important shift from just reacting to a storm to preparing with purpose.

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

    – ref. Hurricane disaster planning with aging parents should start now, before the storm: 5 tips – https://theconversation.com/hurricane-disaster-planning-with-aging-parents-should-start-now-before-the-storm-5-tips-254917

    MIL OSI – Global Reports –

  • MIL-OSI Global: Unprecedented cuts to the National Science Foundation endanger research that improves economic growth, national security and your life

    Source: The Conversation – USA – By Paul Bierman, Professor of Natural Resources and Environmental Science, University of Vermont

    The National Science Foundation funds America’s next great innovations, including space-related research. Heritage Space/Heritage Images/Getty Images

    Look closely at your mobile phone or tablet. Touch-screen technology, speech recognition, digital sound recording and the internet were all developed using funding from the U.S. National Science Foundation.

    No matter where you live, NSF-supported research has also made your life safer. Engineering studies have reduced earthquake damage and fatalities through better building design. Improved hurricane and tornado forecasts reflect NSF investment in environmental monitoring and computer modeling of weather. NSF-supported resilience studies reduce risks and losses from wildfires.

    Using NSF funding, scientists have done research that amazes, entertains and enthralls. They have drilled through mile-thick ice sheets to understand the past, visited the wreck of the Titanic and captured images of deep space.

    NSF funding supports research to help minimize risk and harm from natural hazards, including wildfires.
    FEMA/Michael Mancino

    NSF investments have made America and American science great. At least 268 Nobel laureates received NSF grants during their careers. The foundation has partnered with agencies across the government since it was created, including those dealing with national security and space exploration. The Federal Reserve estimates that government-supported research from the NSF and other agencies has had a return on investment of 150% to 300% since 1950, meaning for every dollar U.S. taxpayers invested, they got back between $1.50 and $3.

    However, that funding is now at risk.

    Since January, layoffs, leadership resignations and a massive proposed reorganization have threatened the integrity and mission of the National Science Foundation. Hundreds of research grants have been terminated. The administration’s proposed federal budget for fiscal year 2026 would cut NSF’s funding by 55%, an unprecedented reduction that would end federal support for science research across a wide range of discipines.

    At my own geology lab, I have seen NSF grants catalyze research and the work of dozens of students who have collected data that’s now used to reduce risks from earthquakes, floods, landslides, erosion, sea-level rise and melting glaciers.

    I have also served on advisory committees and review panels for the NSF over the past 30 years and have seen the value the foundation produces for the American people.

    American science’s greatness stemmed from war

    In the 1940s, with the advent of nuclear weapons, the space race and the intensification of the Cold War, American science and engineering expertise became increasingly critical for national defense. At the time, most basic and applied research was done by the military.

    Vannevar Bush, an electrical engineer who oversaw military research efforts during World War II, including development of the atomic bomb, had a different idea.

    He articulated an expansive scientific vision for the United States in Science: The Endless Frontier. The report was a blueprint for an American research juggernaut grounded in the expertise of university faculty, staff and graduate students.

    The National Science Foundation funded some of the earliest weather equipment on satellites. The gold sphere is the Navy Vanguard (SLV-3) satellite, launched in 1958 to monitor cloud cover.
    Bettmann/Getty Images

    On May 10, 1950, after five years of debate and compromise, President Harry Truman signed legislation creating the National Science Foundation and putting Bush’s vision to work. Since then, the foundation has become the leading funder of basic research in the United States.

    NSF’s mandate, then as now, was to support basic research and spread funding for science across all 50 states. Expanding America’s scientific workforce was and remains integral to American prosperity. By 1952, the foundation was awarding merit fellowships to graduate and postdoctoral scientists from every state.

    There were compromises. Control of NSF rested with presidential appointees, disappointing Bush. He wanted scientists in charge to avoid political interference with the foundation’s research agenda.

    NSF funding matters to everyone, everywhere

    Today, American tax dollars supporting science go to every state in the union.

    The states with the most NSF grants awarded between 2011 and 2024 include several that voted Republican in the 2024 election – Texas, Florida, Michigan, North Carolina and Pennsylvania – and several that voted Democratic, including Massachusetts, New York, Virginia and Colorado.

    More than 1,800 public and private institutions, scattered across all 50 states, receive NSF funding. The grants pay the salaries of staff, faculty and students, boosting local employment and supporting college towns and cities. For states with major research universities, those grants add up to hundreds of millions of dollars each year. Even states with few universities each see tens of millions of dollars for research.

    As NSF grant recipients purchase lab supplies and services, those dollars support regional and national economies.

    When NSF budgets are cut and grants are terminated or never awarded, the harm trickles down and communities suffer. Initial NSF funding cuts are already rippling across the country, affecting both national and local economies in red, blue and purple states alike.

    An analysis of a February 2025 proposal that would cut about US$5.5 billion from National Institutes of Health grants estimated the ripple effect through college towns and supply chains would cost $6.1 billion in GDP, or total national productivity, and over 46,000 jobs.

    An uncertain future for American science

    America’s scientific research and training enterprise has enjoyed bipartisan support for decades. Yet, as NSF celebrates its 75th birthday, the future of American science is in doubt. Funding is increasingly uncertain, and politics is driving decisions, as Bush feared 80 years ago.

    A list of grants terminated by the Trump administration, collected both from government websites and scientists themselves, shows that by early May 2025, NSF had stopped funding more than 1,400 existing grants, totaling over a billion dollars of support for research, research training and education.

    Most terminated grants focused on education – the core of science, technology and engineering workforce development critical for supplying highly skilled workers to American companies. For example, NSF provided 1,000 fewer graduate student fellowships in 2025 than in the decade before − a 50% drop in support for America’s best science students.

    American scientists are responding to NSF’s downsizing in diverse ways. Some are pushing back by challenging grant terminations. Others are preparing to leave science or academia. Some are likely to move abroad, taking offers from other nations to recruit American experts. Science organizations and six prior heads of the NSF are calling on Congress to step up and maintain funding for science research and workforce development.

    If these losses continue, the next generation of American scientists will be fewer in number and less well prepared to address the needs of a population facing the threat of more extreme weather, future pandemics and the limits to growth imposed by finite natural resources and other planetary limits.

    Investing in science and engineering is an investment in America. Diminishing NSF and the science it supports will hurt the American economy and the lives of all Americans.

    Paul Bierman receives funding from the National Science Foundation.

    – ref. Unprecedented cuts to the National Science Foundation endanger research that improves economic growth, national security and your life – https://theconversation.com/unprecedented-cuts-to-the-national-science-foundation-endanger-research-that-improves-economic-growth-national-security-and-your-life-256556

    MIL OSI – Global Reports –

  • MIL-OSI Global: Congress began losing power decades ago − and now it’s giving away what remains to Trump

    Source: The Conversation – USA – By Charlie Hunt, Assistant Professor of Political Science, Boise State University

    Where did Congress go? Julia Nikhinson/Bloomberg Creative via Getty Images

    Republicans in Congress have been making behind-the-scenes efforts to pass major domestic legislation via the federal budget process. They include potential cuts to Medicaid and extending the 2017 Trump tax cuts.

    But even though it’s Congress’ job to pass a budget and set tax policy, most media outlets have been content to frame key elements of the legislation as being driven not by Congress but by the president.

    So the news media say that the purpose of the bill is to “deliver Trump’s agenda” or to pass the “Trump tax cuts.” Many have even adopted President Donald Trump’s trademark name for the legislation: his “big, beautiful bill.”

    Along with Casey Burgat and SoRelle Wyckoff Gaynor, I am co-author of a textbook titled “Congress Explained: Representation and Lawmaking in the First Branch.” In that book, it was important to us to highlight Congress’ clear role as the preeminent lawmaking body in the federal government.

    But since Trump’s inauguration, Congress has ceded huge swaths of its policymaking responsibility to the president. That makes the media’s focus on Trump unsurprising. And there’s no denying that Trump has had enormous impact during his first 100 days in office.

    During that time, Congress has been unwilling to assert itself as an equal branch of government. Beyond policymaking, Congress has been content to hand over many of its core constitutional powers to the executive branch. As a Congress expert who loves the institution and profoundly respects its constitutionally mandated role, this renunciation of responsibility has been difficult to watch.

    And yet, Congress’ path to irrelevance as a body of government did not begin in January 2025.

    It is the result of decades of erosion that created a political culture in which Congress, the first branch of government listed in the Constitution, is relegated to second-class status.

    President Donald Trump holds one of the many executive orders he has signed during his second term.
    Alex Wroblewski/AFP via Getty Images

    The Constitution puts Congress first

    The 18th-century framers of the Constitution viewed Congress as the foundation of republican governance, deliberately placing it first in Article 1 to underscore its primacy. Congress was assigned the pivotal tasks of lawmaking and budgeting because controlling government finances was seen as essential to limiting executive power and preventing abuses that the framers associated with monarchy.

    Alternatively, a weak legislature and an imperial executive were precisely what many of the founders feared. With legislative authority in the hands of Congress, power would at least be decentralized among a wide variety of elected leaders from different parts of the country, each of whom would jealously guard their own local interests.

    But Trump’s first 100 days turned the founders’ original vision on its head, leaving the “first branch” to play second fiddle.

    Like most recent presidents, Trump came in with his party in control of the presidency, the House and the Senate. Yet despite the lawmaking power that this governing trifecta can bring, the Republican majorities in Congress have mostly been irrelevant to Trump’s agenda.

    Instead, Congress has relied on Trump and the executive branch to make changes to federal policy and in many cases to reshape the federal government completely.

    Trump has signed more than 140 executive orders, a pace faster than any president since Franklin D. Roosevelt. The Republican Congress has shown little interest in pushing back on any of them. Trump has also aggressively reorganized, defunded or simply deleted entire agencies, such as the U.S. Agency for International Development and the Consumer Financial Protection Bureau.

    These actions have been carried out even though Congress has a clear constitutional authority over the executive branch’s budget. Again, Congress has shown little to no interest in reasserting its power, even during recent budget talks.

    Many causes, no easy solutions

    Even so, Congress’ weakening did not begin with Trump. There’s no one culprit but instead a collection of factors that have provided the ineffectual Congress of today.

    One overriding factor is a process that has unfolded over the past 50 or more years called political nationalization. American politics have become increasingly centered on national issues, parties and figures rather than more local concerns or individuals.

    This shift has elevated the importance of the president as the symbolic and practical leader of a national party agenda. Simultaneously, it weakens the role of individual members of Congress, who are now more likely to toe the party line than represent local interests.

    A participant holds a sign during a GOP town hall meeting with U.S. Reps. Celeste Maloy and Mike Kennedy on March 20, 2025, in Salt Lake City.
    AP Photo/Rick Egan

    As a result, voters focus more on presidential elections and less on congressional ones, granting the president greater influence and diminishing Congress’ independent authority.

    The more Congress polarizes among its members on a party-line basis, the less the public is likely to trust the legitimacy of their opposition to a president. Instead, congressional pushback − sometimes as extreme as impeachment − can thus be written off not as principled or substantive but as partisan or politically motivated to a greater extent than ever before.

    Congress has also been been complicit in giving away its own power. Especially when dealing with a polarized Congress, presidents increasingly steer the ship in budget negotiations, which can lead to more local priorities – the ones Congress is supposed to represent – being ignored.

    But rather than Congress staking out positions for itself, as it often did through the turn of the 21st century, political science research has shown that presidential positions on domestic policy increasingly dictate – and polarize – Congress’ own positions on policy that hasn’t traditionally been divisive, such as funding support for NASA. Congress’ positions on procedural issues, such as raising the debt ceiling or eliminating the filibuster, also increasingly depend not on bedrock principles but on who occupies the White House.

    In the realm of foreign policy, Congress has all but abandoned its constitutional power to declare war, settling instead for “authorizations” of military force that the president wants to assert. These give the commander in chief wide latitude over war powers, and both Democratic and Republican presidents have been happy to retain that power. They have used these congressional approvals to engage in extended conflicts such as the Gulf War in the early 1990s and the wars in Iraq and Afghanistan a decade later.

    What’s lost with a weak Congress

    Americans lose a lot when Congress hands over such drastic power to the executive branch.

    When individual members of Congress from across the country take a back seat, their districts’ distinctly local problems are less likely to be addressed with the power and resources that Congress can bring to an issue. Important local perspectives on national issues fail to be represented in Congress.

    Even members of the same political party represent districts with vastly different economies, demographics and geography. Members are supposed to keep this in mind when legislating on these issues, but presidential control over the process makes that difficult or even impossible.

    Maybe more importantly, a weak Congress paired with what historian Arthur Schlesinger called the “Imperial Presidency” is a recipe for an unaccountable president, running wild without the constitutionally provided oversight and checks on power that the founders provided to the people through their representation by the first branch of government.

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

    – ref. Congress began losing power decades ago − and now it’s giving away what remains to Trump – https://theconversation.com/congress-began-losing-power-decades-ago-and-now-its-giving-away-what-remains-to-trump-254984

    MIL OSI – Global Reports –

  • MIL-OSI Global: Kenya has a bold new disability law: now to make it work

    Source: The Conversation – Africa – By Amani Karisa, Associate Research Scientist, African Population and Health Research Center

    Kenya has long recognised the rights of persons with disabilities in law. The 2010 constitution guarantees access, dignity and inclusion for people living with disabilities.

    Two years earlier in 2008, Kenya ratified the UN Convention on the Rights of Persons with Disabilities. And Kenya’s 2003 Persons with Disabilities Act formed the legal foundation for promoting the rights and welfare of persons with disabilities.

    But these legal promises remain largely aspirational. Their provisions are rarely translated into everyday realities. Many Kenyans with disabilities still face stigma, inaccessible environments, unequal education opportunities and limited access to employment.

    Many schools remain exclusionary due to inaccessible physical infrastructure. This includes classrooms and latrines that lack ramps or hinder mobility for children with disabilities.

    Public transport is often unusable for wheelchair users.

    Employers continue to overlook applicants with disabilities. Between 2019 and 2023, for instance, persons with disabilities faced higher unemployment rates at around 10.4% against a national average of 5.2%.

    The fact that there are disputes over the number of Kenyans with disabilities is also telling. The 2019 census recorded 2.2% of the population – fewer than 1 million people – as having disabilities. This is far below the World Report on Disability’s estimates of an average of around 15%. This undercount reflects both cultural stigma and systemic gaps in how disability is understood and reported.

    As someone who has spent more than a decade researching disability in Kenya, I have seen how the promise of rights is often undercut by structural and social barriers. This has come through in my own research and that of others.

    The persistent failure to translate rights into tangible outcomes for persons with disabilities created urgency for change.

    The Kenyan government has finally acted. In May 2025, the country’s parliament passed the Persons with Disabilities Act 2025.

    The new law expands the definition of disability to encompass a broader range of impairments. This ensures more individuals are recognised and protected under the law. The law also mandates accessibility across sectors such as education, employment, healthcare and public services, requiring reasonable accommodations and prohibiting discrimination.

    In my view, the new law reflects a broader move from symbolic recognition to legal obligation. But passing a law is just the beginning. Implementation will be the real test.

    What’s been missing

    In my research, and that of others, the question of why the 2003 law did little to shift everyday exclusion has been addressed. A few things were apparent.

    First, employment quotas were suggested but never enforced. Discrimination in hiring and promotions was prohibited in theory, but was common in practice.

    Second, there has been little support for caregivers.

    Third, there was minimal access to assistive technologies (which are tools designed to help persons with disabilities perform tasks and improve their quality of life, such as mobility aids, communication devices and adaptive software).

    Fourth, children with disabilities in Kenya have faced significant barriers to education. Their enrolment and completion rates are consistently lower than those of their non-disabled peers.

    Rather than disability being the problem, it is the lack of accommodation, inclusive policies and public understanding that creates exclusion. This is a core insight of the social model of disability, which views disability as arising from the interaction between individuals and an unaccommodating society. This perspective explains that people are disabled not by their bodies but by barriers in society – like stairs without ramps or employers who won’t adapt.

    What the new law promises

    Some key changes in the new law stand out:

    • Workplace inclusion: public bodies must now ensure that at least 5% of jobs are held by persons with disabilities. This provision, although previously suggested, now comes with clearer oversight requirements. Private employers are both mandated and incentivised to create inclusive workplaces. Reasonable accommodations, such as accessible workstations or flexible hours, can be counted as deductible expenses.

    • Access to public services and spaces: the law requires that buildings, roads and services be made accessible. Hospitals must have trained sign language interpreters. Schools must adapt their admission criteria, curricula and facilities to include learners with disabilities. These requirements signal a move away from treating accessibility as optional or charitable.

    • Tax relief and registration reforms: caregivers can now qualify for tax exemptions. Additionally, persons with long-term disabilities now receive permanent registration, ending the need for repeated reassessments – a process many found tedious, involving hospital visits, missing forms, long delays and limited assessment centres.

    • Stronger institutional framework: the National Council for Persons with Disabilities has been given more robust powers, including enforcement, monitoring and management of disability-related funding. The law also recommends the use of affirming and respectful language in public communication – a subtle but essential step in reducing stigma.

    The law incorporates disability considerations into sector-specific practices. For example, the law requires justice sector actors to consider disability when arresting, detaining or trying someone.

    What needs to happen now

    The government must act swiftly to implement supporting regulations. Funding is needed to retrofit public buildings, hire staff to support individuals with disabilities, and subsidise assistive devices. Without proper budgeting, the law risks becoming another unfulfilled promise.

    Employers and institutions must do more than comply: they must transform their attitudes. Disability inclusion should be built into human resources practices, school policies and service design. Training will be key.

    Public awareness must improve. Many Kenyans still see disability through a medical or charitable lens. There need to be national campaigns on radio, TV and social media that shift public understanding toward inclusion and equality.

    Finally, persons with disabilities must be central to the law’s implementation. Inclusion must be driven by those who live the reality of exclusion. Their insights are essential to making services responsive and respectful.

    The 2025 Act is an important step. But if it is not backed by funding, political will and public education, its potential will remain unrealised.

    The real question is not whether the law is good enough, but whether Kenya’s institutions, communities and leaders are prepared to make it work for those it was designed to serve.

    Amani Karisa works for the African Population and Health Research Center. He receives funding from Gates Foundation and Echidna Giving.

    – ref. Kenya has a bold new disability law: now to make it work – https://theconversation.com/kenya-has-a-bold-new-disability-law-now-to-make-it-work-256646

    MIL OSI – Global Reports –

  • MIL-OSI Global: Pope Francis drew inspiration from Latin American church and its martyrs – leaving a legacy for Pope Leo

    Source: The Conversation – USA – By Elizabeth O’Donnell Gandolfo, Associate Professor of Catholic and Latin American Studies, Wake Forest University

    A mural of Roman Catholic Archbishop Oscar Romero decorates a wall in Panchimalco, El Salvador, May 21, 2015. AP Photo/Salvador Melendez

    Pope Leo XIV’s election marks a historic moment: the first pope from an English-speaking country, and the first from the United States. Even more significant than these “firsts,” I believe, is a “second”: Leo follows in Pope Francis’ footsteps as a priest shaped by the Latin American church.

    The new pontiff served the church in Peru throughout the late 1980s and ‘90s. Francis called him back to serve from 2015-2023 as bishop of the northern city of Chiclayo – where Catholics today are rejoicing over the election of one of their own, “un papa Chiclayano.”

    As a Catholic theologian, I believe the College of Cardinals’ decision to elect another pontiff with such strong ties to Latin America reaffirms the continent’s influence on the global church’s sense of mission: to be a church that defends the marginalized and stands in solidarity with the oppressed.

    This vision is embodied by the continent’s many Catholics who have given their lives for speaking out against repression, violence and poverty over the past 50 years – most famously St. Oscar Romero, whom Francis beatified in May 2015.

    Having studied Latin American martyrdom closely, I would argue that Francis’ pontificate was at least partially inspired by these martyrs’ example, forged in blood. His decision to officially recognize this form of martyrdom adds to the legacy that many Latin American Catholics are hoping Leo will continue.

    ‘Church of the poor’

    The Second Vatican Council, a series of meetings of bishops from around the world that took place between 1962-65, brought about a number of reforms in the Catholic church, including greater focus on the poor and vulnerable. During the council, a group of bishops gathered in the Catacombs of Saint Domitilla to sign a pact in which they committed themselves to renouncing wealth and privilege and becoming a “church of the poor.”

    Many of these bishops were from Latin America, and in 1968, the Latin American Bishops’ Conference met to implement the council’s reforms. The documents that emerged from this meeting in Medellín, Colombia, encouraged closeness to people living in poverty and placed the promotion of justice and peace at the heart of the church’s evangelizing mission. In particular, they emphasized the church’s call to help liberate the oppressed from unjust social structures that produce poverty and violence.

    Pope Francis, then a cardinal, kisses a man’s foot during a Mass with youth trying to overcome drug addictions in Buenos Aires, Argentina, in 2008.
    AP Photo

    Not all Latin American bishops embraced this vision of the church’s mission. But many took the call to solidarity very seriously, denouncing economic injustices and human rights violations. These bishops and other socially committed Christians promoted causes like land reform, agricultural cooperatives, workers’ rights and access to health care and education.

    At the time, many Latin American countries were marked by vast inequalities, military dictatorships and violent political repression. These regimes, many of which were backed by the United States, often labeled any opposition as “communist” and a threat to national security.

    Some Latin American bishops – along with many priests, nuns and laypeople – paid for their faith-inspired commitments to justice and peace with their lives. Thousands of Christians were assassinated during the late 20th century because they stood up for the rights of the poor, or they spoke out against oligarchs for hoarding wealth, land and power. Others were targeted after denouncing military regimes for massacring, torturing and “disappearing” civilians.

    Within some sectors of Latin American Catholicism, these women and men are remembered as “martyrs”: people who, like Jesus of Nazareth, gave their lives for following what they saw as God’s mandate to speak the truth and practice compassion, justice and peace.

    Pope’s recognition

    During Francis’ pontificate, he officially recognized several of these Christians as martyrs, moving their cause for sainthood toward beatification and canonization. Beatification officially declares a person to be “blessed” and allows them to be venerated locally, while canonization makes them a full saint for the global church.

    Students hold up art depicting slain Salvadoran Archbishop Oscar Romero as they walk to the chapel in San Salvador where he was shot and killed.
    AP Photo/Salvador Melendez

    For example, Bishop Enrique Ángel Angelelli was assassinated in 1976 for his solidarity with the poor and defense of workers’ rights during Argentina’s Dirty War – a violent campaign of state terrorism against critics of the military junta. Francis declared him a martyr in 2018. The following year, Angelelli was beatified, along with two priests and a lay leader from the same province who were all similarly martyred just weeks before.

    Archbishop Óscar Arnulfo Romero was equally committed to defending the poor of El Salvador during the years of armed conflict leading up to the Salvadoran Civil War. In his Sunday homilies, he named people who had been imprisoned, tortured and disappeared by military and paramilitary forces, and drew on the Gospel and church teaching to challenge the violence and oppression of the day.

    His promotion of human rights and his demand that the military “stop the repression” led to his assassination while celebrating Mass on March 24, 1980. Francis declared Romero a martyr and beatified him in 2015, then canonized him in 2018.

    Pope Francis views an image of Roman Catholic Archbishop Oscar Romero during a private audience at the Vatican in 2015.
    L’Osservatore Romano/Pool Photo via AP

    These actions placed a stamp of approval on how leaders like Angelelli and Romero embodied the church’s mission in their own time and place. But Francis’ recognition also made a broader statement about how the church should relate to the “powers and principalities” of the world. Throughout his papacy, Francis continued these martyrs’ commitment by standing with people on the “peripheries”: washing the feet of prisoners, defending the rights of migrants and demanding care for the Earth.

    Martyrs of the Earth

    In the 21st century, care for the Earth is producing a whole new generation of martyrs like Angelelli and Romero. Land and environmental defenders in Latin America and around the world are being assassinated for their work to mitigate harm from industries like fossil fuel extraction, mining, logging, ranching and more.

    In September 2024, Francis signaled his awareness of this phenomenon when he lamented the murder of Juan Antonio López. López was a lay Catholic leader in Honduras whose faith inspired him to defend local communities, lands and rivers from open-pit iron oxide mining.

    The Latin American bishops’ conference has taken note of this resurgence in violent persecution. In December 2024, it launched a campaign called “Life is hanging on by a thread,” promoting solidarity with the work of ecological and human rights defenders like López.

    As a former vice president of the Peruvian bishops’ conference, Pope Leo XIV is likely aware of this campaign and the violence that it hopes to disarm.

    The new pope had a close relationship with Francis, whose legacy looms large. A key inspiration for that legacy, however, is the witness of Latin American Christians whose blood has been shed for justice, peace and the environment.

    Only time will tell if this new pontiff’s leadership continues their indomitable solidarity with people whom, in Francis’ words, this world has deemed to be “disposable.”

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

    – ref. Pope Francis drew inspiration from Latin American church and its martyrs – leaving a legacy for Pope Leo – https://theconversation.com/pope-francis-drew-inspiration-from-latin-american-church-and-its-martyrs-leaving-a-legacy-for-pope-leo-255582

    MIL OSI – Global Reports –

  • Labour force participation at 55.6% in April, shows first monthly PLFS bulletin

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Statistics and Programme Implementation has released the first Monthly Bulletin of the revamped Periodic Labour Force Survey (PLFS) for April 2025. The report highlights key employment and unemployment indicators, including the Labour Force Participation Rate (LFPR), Worker Population Ratio (WPR), and Unemployment Rate (UR), across rural and urban India based on the Current Weekly Status (CWS) of individuals aged 15 years and above.
     
    As per the bulletin, the overall LFPR stood at 55.6 per cent during April 2025. Rural areas recorded a higher participation rate at 58.0 per cent, while urban areas reported 50.7 per cent. Among males in the same age group, LFPR was significantly higher—79.0 per cent in rural areas and 75.3 per cent in urban regions. Female participation, though lower, showed encouraging figures, with rural female LFPR at 38.2 per cent.
     
    The Worker Population Ratio (WPR), which represents the proportion of employed individuals in the population, was recorded at 52.8 per cent at the national level. Rural areas registered a WPR of 55.4 per cent, while in urban areas, it stood at 47.4 per cent. Among women, the WPR was 36.8 per cent in rural areas and 23.5 per cent in urban areas, with an overall female WPR of 32.5 per cent.
     
    The unemployment rate in April 2025 was observed at 5.1 per cent for individuals aged 15 years and above. The unemployment rate for males was slightly higher at 5.2 per cent, while for females it stood at 5.0 per cent.
     
    These estimates mark the beginning of a new phase in labour force statistics, following a revamp of the PLFS methodology from January 2025. The revised survey design aims to generate more frequent and comprehensive data. Under the new rotational panel sampling approach, each selected household is visited four times over four consecutive months, allowing for a 75 per cent overlap of first-stage sampling units between any two months. This design ensures better comparability and continuity in data collection.
     
    During April 2025, a total of 7,511 first-stage sampling units were covered nationwide, including 4,140 in rural areas and 3,371 in urban areas. The survey included 89,434 households and covered a population of 3,80,838 individuals, comprising 2,17,483 from rural areas and 1,63,355 from urban locations.
     
    The revamped PLFS also aims to extend quarterly estimates to rural India, which were previously limited to urban areas. The restructured sample design has increased the number of households surveyed within each sampling unit from 8 to 12.

  • MIL-OSI Europe: AFRICA/BURKINA FASO – The JNIM group intensifies attacks in several towns in the Country

    Source: Agenzia Fides – MIL OSI

    Ouagadougou (Agenzia Fides) – The Group for the Support of Islam and Muslims (JNIM), a Sahelian jihadist group linked to al-Qaeda, has intensified its attacks against military and civilian targets in Burkina Faso. The jihadist offensive began on May 11 with an assault on the Djibo military camp in the province of Soum, in the north of the country. According to local reports, the jihadists managed to take control of the camp and looted the facilities. The attacks have also affected towns in the north-central, east-central, and southern regions of the country. In videos posted on its media channels, JNIM claims to have caused the deaths of around sixty regular soldiers and a dozen paramilitaries of the Volunteers for the Defense of the Homeland (VDP). Local sources also report the deaths of around 20 civilians and several structures such as homes and health centers have been destroyed. In Diapaga, in northeastern Burkina Faso, jihadists took over the military camp, killed dozens of soldiers, seized the arsenal, and freed prisoners from the local jail. Images released by the group show fighters dressed in military uniforms, some of whom wear Malian army insignia. JNIM openly opposes the governments of the Alliance of Sahel States (AES), made up of Mali, Burkina Faso, and Niger. Although local authorities have not confirmed these events, the so-called Patriotic Pact of Burkinabe Media (PPMB), promoted by the High Council of Communication (CSC), was apparently signed on May 14 in the capital, Ouagadougou. The objective of the pact is to “support defense efforts through coherent communication, promote the actions of the Defense and Security Forces, strengthen civic education, and preserve social cohesion.” The Council of Ministers also announced the creation of a military college to “train a strategic elite, adapted to national and regional security challenges.” Finally, unverified reports are circulating on social media about the presence in the country of some 700 North Korean special forces, allegedly sent to support the Burkinabe government. (L.M.) (Agenzia Fides, 15/5/2025)
    Share:

    MIL OSI Europe News –

  • MIL-OSI: Beeline Appoints Veteran Public Company Executive Frank Knuettel II to Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, May 15, 2025 (GLOBE NEWSWIRE) — Beeline Holdings, Inc. (NASDAQ: BLNE), a next-generation digital mortgage lender focused on transforming real estate investment financing, today announced the appointment of Frank Knuettel II to its Board of Directors, effective immediately.

    Mr. Knuettel brings more than two decades of executive leadership experience across dynamic, early-stage public companies in the technology and life sciences sectors. He currently serves as Chief Executive Officer of Channel Therapeutics Corporation since 2023, having started as CFO in 2022. Known for his operational discipline and M&A acumen, Mr. Knuettel has helped companies scale aggressively, including spearheading a revenue expansion at Unrivaled Brands from $10 million to $100 million annualized in just six quarters through strategic acquisitions.

    “Frank’s addition to the board marks a pivotal moment in Beeline’s growth story,” said Nick Liuzza, CEO of Beeline. “His deep capital markets knowledge, proven ability to lead and scale businesses, and transactional experience across more than 15 M&A deals will be invaluable as we expand our footprint and product offerings in the investment lending market.”

    Throughout his career, Mr. Knuettel has raised over $400 million in public and private capital and has held leadership roles at multiple high-growth companies, including CFO of IP Commerce, a fintech platform provider, and Chief Strategy Officer at MJardin Group. He currently serves on the board of Etheros Pharmaceuticals Corp. and has held board seats at both public and private companies.

    Mr. Knuettel holds a BA with honors in Economics from Tufts University and earned his MBA in Finance and Entrepreneurial Management from The Wharton School at the University of Pennsylvania.

    “I’m excited to join the Beeline board at such a dynamic time,” said Mr. Knuettel. “The company’s technology-driven approach to simplifying investment property financing has significant potential, and I look forward to supporting the team as they execute on their ambitious vision.”

    About Beeline Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Contact: 
    ir@makeabeeline.com 

    The MIL Network –

  • MIL-OSI: Brag House CEO Lavell Juan Malloy II Featured in Authority Magazine’s “Startup Revolution” Series

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Brag House Holdings, Inc. (NASDAQ: TBH) (“Brag House” or the “Company”), the premier Gen Z engagement platform at the intersection of gaming, college sports, and social interaction, today announced that CEO and Co-Founder Lavell Juan Malloy II was profiled in Authority Magazine’s widely read Startup Revolution series, which highlights innovative companies and the leaders reshaping their industries.

    In the interview, Malloy reflects on the founding of Brag House, the challenges and lessons learned while scaling the business, and the Company’s commitment to redefining how Gen Z connects with brands, sports, and digital communities.

    “We are creating more than just a platform—we are building a new digital sports medium tailored to Gen Z,” said Lavell Juan Malloy II, CEO and Co-Founder of Brag House. “It’s about creating a space where school pride, gaming, and meaningful engagement collide in a way that speaks directly to how Gen Z interacts with culture and brands.”

    The profile discusses Brag House’s:

    • Origins from a community gap left by the discontinuation of EA’s NCAA Football game;
    • Landmark partnerships with Coca-Cola, McDonald’s, and Learfield to support immersive, college-aligned gaming activations;
    • New initiatives like the Brag Gators Gauntlet series and the upcoming rollout of a subscription-based insights product, designed to help brands connect with Gen Z in a privacy-first, data-rich manner.

    “By merging gameplay with school spirit, and backing it with real-time analytics and scalable monetization tools, we’re creating a powerful framework that will enable brands to reach Gen Z with greater precision, authenticity, and ROI,” added Malloy.

    As highlighted in the Company’s recent 10-K filing, Brag House is executing a multi-university activation roadmap with Learfield and continuing to invest in platform enhancements, branded experiences, NIL-integrated content, and digital loyalty tokens to scale its revenue model and user base.

    To read the full Authority Magazine interview, visit: https://medium.com/authority-magazine/startup-revolution-lavell-juan-malloy-ii-of-brag-house-on-how-their-emerging-startup-is-changing-c960cbd576aa

    About Brag House
    Brag House is a leading media technology gaming platform dedicated to transforming casual college gaming into a vibrant, community-driven experience. By seamlessly merging gaming, social interaction, and cutting-edge technology, the Company provides an inclusive and engaging environment for casual gamers while enabling brands to authentically connect with the influential Gen Z demographic. The platform offers live-streaming capabilities, gamification features, and custom tournament services, fostering meaningful engagement between users and brands. For more information, please visit www.braghouse.com.

    Forward-Looking Statements
    This press release contains forward-looking statements as defined within Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, but are not limited to, statements relating to the Company’s strategic roadmap, potential monetization of new products or features, brand partnerships, or expected growth in user engagement. These statements involve known and unknown risks, uncertainties, and other factors that may cause actual results to differ materially from those anticipated. Please refer to the “Risk Factors” section of the Company’s filings with the Securities and Exchange Commission, available at www.sec.gov. The Company assumes no obligation to update any forward-looking statements except as required by law.

    Media Contact:
    Fatema Bhabrawala
    Director of Media Relations
    fbhabrawala@allianceadvisors.com

    Investor Relations Contact:
    Adele Carey
    VP, Investor Relations
    ir@thebraghouse.com

    The MIL Network –

  • MIL-OSI: LPL Financial Asks What If You Could? in New Brand Campaign

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, May 15, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC launched today a strategic marketing campaign designed to reach new audiences and elevate the firm’s brand strength by asking the simple yet provocative question, What If You Could?  

    Featuring actor Anna Kendrick, the first-of-its-kind campaign for the company launches this month and includes a series of video, social, out-of-home, print and digital ads that will run across business, sports and lifestyle outlets throughout the country.    

    “Our business was founded on the aspiration of broadening access to personalized financial advice for all who need it,” said Rich Steinmeier, LPL Financial Chief Executive Officer. “We’ve been quietly delivering on that purpose ever since, focusing on the technology, services and breadth of capabilities that today empower more financial professionals than any other firm in the industry.*   

    “Based on advisor feedback, we’re introducing LPL Financial to the consumer market for the first time, establishing a connection with the people who rely on LPL advisors and affiliated institutions to help them reach their goals,” he added. “Through this investment, we’re ready for our brand to be as powerful as the services we provide.”   

    Formed in 1989 as an accessible alternative to traditional Wall Street firms, LPL Financial is now among the most successful companies in wealth management. Through the company’s vast network of independent financial advisors as well as advisors affiliated with financial institutions, including banks, credit unions and insurance companies, LPL now services and custodies approximately $1.8 trillion in assets on behalf of approximately 7 million Americans.   

    “We’re stepping into the spotlight to embrace the same ambition of our founders,” said Christa Carone, managing director, chief marketing and communications officer at LPL Financial. “For a company that operates in service of helping people realize their dreams, we believe the only question really should be, What If You Could? It’s through this innovative spirit that LPL is taking ownership of its market position, amplifying our brand presence to align with the firm’s growing scale and success.”   

    In partnering with Anna Kendrick, LPL’s storytelling brings a fresh perspective to wealth management marketing, creating memorable moments that spark curiosity and encourage aspiration.    

    “What If You Could? is such a powerful question that provokes endless possibilities for everyone,” said Kendrick. “Just imagine the potential when the greener grass is always on your side. LPL is in a position to make this happen. It’s really cool to partner with the company that is helping people see all that their future can hold.”   

    To review the creative assets for the campaign, including a behind-the-scenes video from the TV shoot with Anna Kendrick, visit whatifyoucould.com.   

    About LPL Financial   

     LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker-dealer, member FINRA/SIPC.    

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.   

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.   

    * U.S. Broker/Dealer Marketplace 2024 and 2024 RIA Marketplace report   

    Media Contact:    
    Media.relations@LPLFinancial.com    

    Tracking #736574

    The MIL Network –

  • MIL-OSI United Kingdom: Greens call for public apology to Gypsy Traveller community for ‘Tinker Experiment’

    Source: Scottish Greens

    15 May 2025 Human Rights

    The Scottish Government must apologise for decades of persecution.

    More in Human Rights

    The Scottish Government must apologise for the historic treatment of Scotland’s Gypsy Traveller community as part of the controversial ‘Tinker Experiment’, say the Scottish Greens.

    Scottish Green MSP Mark Ruskell urged Ministers to publicly address the decades of distress caused to traveller communities by ‘the Tinker Experiment’ in a General Question asked in the Chamber today.

    This state-sponsored operation, which ran from the 1940s until the 1980s, threatened to take travellers’ children into care if they did not give up their way of life. It forced travellers to move into low quality prefabricated accommodation, often with no running water, heating or electricity, ghettoising them and tearing their communities apart.

    Mr Ruskell said:

    “Generations of families have been impacted by disgraceful persecution at the hands of the British state. People who could have thrived within their unique culture were split up, put into slum housing and shunned by local communities.

    “I have heard first-hand from a constituent about the severe physical and mental health impacts caused by the many years of racist abuse and inhumane housing conditions they had to endure, and the scars of mistreatment to the traveller community are still felt and added to in society today.

    “Scotland should be ashamed that it had a role in what was known as the ‘Tinker Experiment’. It is only right that the state apologises for its actions and commits to making meaningful improvements to the lives of those affected by it.”

    MIL OSI United Kingdom –

  • MIL-OSI: Moore & Giles Elevates Customer Experience and Brand Agility with BigCommerce

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, May 15, 2025 (GLOBE NEWSWIRE) — BigCommerce (Nasdaq: BIGC), an open SaaS, composable ecommerce platform for fast-growing and established B2C and B2B brands and retailers, today announced that Moore & Giles, a leading global leather supplier through Moore & Giles Leather and a purveyor of refined leather bags, accessories, home goods and furniture via Moore & Giles, has launched new websites on the BigCommerce platform. The innovative new online storefronts elevate Moore & Giles’ digital presence with a scalable, high-performance platform that reflects the brand’s dedication to quality, craftsmanship and customer experience.

    Built on BigCommerce’s flexible Stencil framework and in partnership with Zaelab, a leading digital commerce consultancy, the new DTC and B2B storefronts deliver the freedom and control Moore & Giles needed to execute bold marketing and merchandising strategies. The result is a refined, high-performance experience that enhances the company’s ability to manage and scale its digital presence, while staying true to its values of craftsmanship, sustainability, and innovation.

    “BigCommerce and Zaelab helped us build a modern, flexible foundation that not only works better for our team, but also elevates the shopping experience for our customers—whether they’re ordering leather samples or shopping for a weekend bag,” said Janine Coleman, ecommerce manager at Moore & Giles. “With a scalable, easy-to-manage solution, our team can execute marketing and merchandising strategies more effectively than ever before.”

    “Moore & Giles turned to Zaelab to bring their legacy of craftsmanship to life through a digital experience that’s as refined, adaptable, and forward-thinking as their brand,” said Joey Hoer, business systems analyst at Zaelab. “The Moore & Giles theme is a testament to what’s possible on BigCommerce and proof that BigCommerce can power visually rich, brand-authentic experiences without compromising flexibility or maintainability. By replatforming to BigCommerce and delivering a fully customizable theme, we’ve transformed how they manage content and design. The result is a powerful yet intuitive theme that supports two distinct storefronts, each tailored to unique audiences, all within a unified, flexible design system that’s easy to update and cost-effective to maintain.”

    The new implementation supports both Moore & Giles’ consumer-facing DTC and B2B websites with a unified theme. Both the DTC and B2B sites feature ERP and PIM integrations, implemented by Shout it Louder, to ensure real-time syncing of product, pricing and inventory data and accuracy across the sites, reducing manual effort and improving operational efficiency. The B2B infrastructure is designed to deliver a tailored, immersive experience for wholesale buyers while preserving brand consistency across both digital storefronts.

    The robust ecommerce foundation for Moore & Giles’ DTC site accommodates three distinct product categories – Finished Goods, Furniture and Wholesale Leather – each with a shopping experience customized to its audience. To enhance product discovery and customer engagement, the new theme includes:

    • 360° Product Viewer powered by Cylindo for real-time leather and color configuration
    • Dynamic Product Badging for attributes like “Pre-Order” and “Limited Edition”
    • Interactive Product Cards with rollover images and variant swatches
    • Enhanced Filtering for Furniture (e.g., “Made to Order” vs. “Ready to Ship”)
    • Seamless Monogramming with automatic price calculations
    • Filterable Variants and default variant logic by category

    Moore & Giles’ B2B storefront streamlines sample ordering for trade professionals, functioning as both a self-service resource and a tool for sales reps to offer tailored support. The experience is designed to enhance efficiency and maintain consistency across all interactions. Key features include:

    • Find a Rep Tool: API-powered functionality that connects buyers with their dedicated sales representative for personalized support and streamlined communication.
    • Gated Content by Customer Group: Logged-in users are shown custom product assortments, pricing, and promotions based on their account profile, ensuring a curated and relevant experience.
    • Variant Listing Pages: A grid-style layout that mimics category pages, allowing buyers to easily browse, compare, and bulk-add multiple SKUs—ideal for ordering leather samples in volume.
    • Product Comparison Tool: Enables side-by-side evaluation of wholesale leather options, helping B2B buyers make informed purchasing decisions.

    Behind the scenes, the Moore & Giles marketing team benefits from a highly agile content management setup. With over 30 custom widgets, drag-and-drop functionality through Page Builder and JSON-powered modules, the team can launch campaigns, adjust layouts and update content without developer involvement, dramatically reducing time to market.

    Since launching the new site, Moore & Giles has already seen measurable improvements in design flexibility, site speed and overall performance. By leveraging native BigCommerce functionality such as metafields and the GraphQL API, the company has established a future-ready ecommerce presence built for continued growth.

    “Moore & Giles exemplifies the kind of forward-thinking brand we love to support,” said Al Williams, general manager of B2C at BigCommerce. “By embracing the flexibility and scalability of our platform for both DTC and B2B, they’ve been able to deliver a beautifully branded shopping experience for customers and wholesalers while improving operational efficiency and enabling their team to act faster to support all of their customers. It’s a great example of what’s possible with BigCommerce.”

    Moore & Giles was recently honored as the recipient of BigCommerce’s 2025 Shopper Experience Award in the Americas region, acknowledging exceptional customer and user experiences that set new standards.

    Moore & Giles joins a growing list of fashion and apparel brands on BigCommerce, including Saddleback Leather Company, AS Colour and Grenson.

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

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

    Media Contact:
    Brad Hem
    pr@bigcommerce.com

    The MIL Network –

  • MIL-OSI: Fresca Group Selects insightsoftware to Transform its Financial Consolidation and Disclosure Management Processes

    Source: GlobeNewswire (MIL-OSI)

    RALEIGH, N.C., May 15, 2025 (GLOBE NEWSWIRE) — insightsoftware, the most comprehensive provider of solutions for the Office of the CFO, today announced Fresca Group, one of the UK’s largest fresh produce businesses, will deploy JustPerform from insightsoftware. Fresca chose insightsoftware for its ability to offer a comprehensive EPM solution. Implementing this solution enables Fresca to improve its financial close and consolidation, and disclosure management processes.

    Fresca identified a need for a unified, scalable solution to enhance efficiency and streamline its financial operations. JustPerform provides an all-in-one planning, forecasting, and financial close companion that enables finance teams to collaborate seamlessly, close faster, report accurately, and make confident decisions. Leveraging insightsoftware technology, Fresca will enable its business users with greater control, making even the most complex tasks feel simple. Further, disclosure management capabilities will ensure secure, collaborative, narrative report production for recurring, multi-author reports, and presentations.

    “We selected insightsoftware to transform the way our finance team operates day to day,” said Laura Evison, CFO at Fresca Group. “insightsoftware’s all-in-one financial consolidation and disclosure management solution empowers us to work more efficiently and strategically, saving valuable time, reducing the close cycle window, eliminating data silos, and minimizing the risk of manual error. JustPerform will enhance our ability to deliver accurate insights faster, enabling better decision-making, and driving greater value for the business.”

    “The days of complex, fragmented financial solutions are behind us. Today’s finance teams demand a powerful, streamlined, and user-friendly financial performance companion,” said Daf Llewellyn, GM, EMEA at insightsoftware. “By deploying JustPerform, Fresca gains access to an all-in-one EPM solution that simplifies financial processes, reduces manual tasks, and grows with their business. We are confident that our solutions will empower the Fresca Group to hit the ground running and achieve its strategic goals.”

    Learn more about JustPerform and see how finance teams achieve 40% faster budget preparation, 2x quicker ROI, and 60% time savings in data transformation.

    About insightsoftware

    insightsoftware is a global provider of comprehensive solutions for the Office of the CFO. We believe an actionable business strategy begins and ends with accessible financial data. With solutions across financial planning and analysis (FP&A), accounting, and operations, we transform how teams operate, empowering leaders to make timely and informed decisions. With data at the heart of everything we do, insightsoftware enables automated processes, delivers trusted insights, boosts predictability, and increases productivity. Learn more at insightsoftware.com.

    About Fresca

    Fresca Group is a major part of the fresh produce supply chain in the UK and beyond, with a combined turnover of £523m, and over 1,200 people working across 8 locations around the UK.

    With roots dating back over 150 years in fresh produce, and still privately owned, Fresca’s businesses are active from seed through to shelf in a fast-moving, competitive marketplace. As growers, importers, clearance agents, wholesalers and major operators in fruit, salads, vegetables and wholesale – Fresca businesses add value by providing ripening, packing and logistics and customs solutions to all the major UK retailers, and also through wholesale markets and foodservice channels.

    What makes Fresca different is that 45% of the business is owned by its own employees. Fresca’s mission is to be the First Choice Produce Partner.

    Learn more at www.frescagroup.co.uk

    Media Contacts
    Inkhouse for insightsoftware
    insightsoftware@inkhouse.com

    Daniel Tummeley
    Corporate Communications Manager
    PR@insightsoftware.com

    Nikki Churchill
    Group Communication Manager
    mail@frescagroup.co.uk

    The MIL Network –

  • MIL-OSI Economics: CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    Source: Apple

    Headline: CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    May 15, 2025

    UPDATE

    CarPlay Ultra, the next generation of CarPlay, begins rolling out today

    CarPlay Ultra brings the best of iPhone and the best of the car together for a deeply integrated experience, beginning with Aston Martin vehicles

    Starting today, CarPlay Ultra, the next generation of CarPlay, is available with new Aston Martin vehicle orders in the U.S. and Canada, and will be available for existing models that feature the brand’s next-generation infotainment system through a software update in the coming weeks. CarPlay Ultra builds on the capabilities of CarPlay and provides the ultimate in-car experience by deeply integrating with the vehicle to deliver the best of iPhone and the best of the car. It provides information for all of the driver’s screens, including real-time content and gauges in the instrument cluster, while reflecting the automaker’s look and feel and offering drivers a customizable experience. Many other automakers around the world are working to bring CarPlay Ultra to drivers, including newly committed brands Hyundai, Kia, and Genesis.

    “iPhone users love CarPlay, and it has transformed how people connect with their vehicles. With CarPlay Ultra, together with automakers, we are reimagining the in-car experience, making it even more unified and consistent,” said Bob Borchers, Apple’s vice president of Worldwide Product Marketing. “This next generation of CarPlay gives drivers a smarter, safer way to use their iPhone in the car, while deeply integrating with the car’s systems and showcasing the unique look and feel of each automaker. We are excited to kick off the rollout of CarPlay Ultra with Aston Martin — and this is just the beginning, with more automakers on the way.”

    Deeper Integration Than Ever Before

    CarPlay Ultra provides content for all the driver’s screens, including the instrument cluster, with dynamic and beautiful options for the speedometer, tachometer, fuel gauge, temperature gauge, and more, bringing a consistent look and feel to the entire driving experience. Drivers can choose to show information from their iPhone, like maps and media, along with information that comes from the car, such as advanced driver assistance systems and tire pressure, right in the instrument cluster.

    Drivers can also use onscreen controls, physical buttons, or Siri to manage both standard vehicle functions like the car’s radio and climate, as well as advanced, vehicle-specific features and controls like audio system configurations or performance settings, right from CarPlay, giving them a more fluid and seamless experience. CarPlay Ultra also introduces widgets powered by iPhone that perfectly fit the car’s screen or gauge cluster to provide information at a glance.

    A Design Unique to Each Automaker

    CarPlay Ultra allows automakers to express their distinct design philosophy with the look and feel their customers expect. Custom themes are crafted in close collaboration between Apple and the automaker’s design team, resulting in experiences that feel tailor-made for each vehicle. Drivers can also personalize the colors and wallpapers of themes to match their individual tastes.

    “Aston Martin is delighted to have collaborated with Apple and to be first to launch CarPlay Ultra. As a brand, our focus on world-leading performance goes beyond the traditional attributes associated with powertrains, dynamic performance, and craftsmanship. The integration of CarPlay Ultra is a clear example of the dedication to collaborate with the best companies in the world to bring unique experiences and in-vehicle capabilities to our customers. Building on our in-house state-of-the-art infotainment system, CarPlay Ultra will provide additional functionality and personalization opportunities, which place Aston Martin at the forefront of infotainment in the sector.”

    CarPlay Ultra joins CarPlay, which is beloved by drivers around the world and has fundamentally changed the way people interact with their vehicles, providing a safer, smarter way to use iPhone in the car. And just like with CarPlay, rigorous privacy measures built into iPhone apply to CarPlay Ultra.

    Availability

    • Beginning in the U.S. and Canada, CarPlay Ultra will be available for Aston Martin’s core model lineup, and will expand to include vehicles globally in the next 12 months.
    • The experience is available in new Aston Martin vehicle orders in the U.S. and Canada starting today, and will be available for existing Aston Martin vehicles in the U.S. and Canada featuring the brand’s next-generation infotainment system in the coming weeks through a software update available at local dealers.
    • CarPlay Ultra works with iPhone 12 or later running iOS 18.5 or later.
    • For more information on availability across Aston Martin’s vehicle lineup and information on updating at Aston Martin dealerships, visit media.astonmartin.com.

    Press Contacts

    Shane Bauer

    Apple

    shanebauer@apple.com

    Tania Olkhovaya

    Apple

    tolkhovaya@apple.com

    Apple Media Helpline

    media.help@apple.com

    MIL OSI Economics –

  • Israeli military strikes kill scores in Gaza, medics say

    Source: Government of India

    Source: Government of India (4)

    Israeli military strikes killed at least 60 people in the Gaza Strip on Thursday, Palestinian medics said, as the United States and Arab mediators pushed for a ceasefire deal and U.S. President Donald Trump visited the Middle East.

    Most of the victims, including women and children, were killed in Khan Younis in southern Gaza in airstrikes that hit homes and tents, they said.

    The dead included local journalist Hassan Samour, who worked for the Hamas-run Aqsa radio station and was killed along with 11 family members when their home was struck, the medics said.

    There was no immediate comment from the Israeli military, which has intensified its offensive in Gaza as it tries to eradicate Hamas in retaliation for the deadly attacks the Palestinian militant group carried out on Israel in 2023.

    Hamas said in a statement that Israel was making a “desperate attempt to negotiate under cover of fire” as indirect ceasefire talks take place between Israel and Hamas, involving Trump envoys and Qatar and Egyptian mediators in Doha.

    Israel carried out the latest strikes on the day Palestinians commemorate the “Nakba”, or catastrophe, when hundreds of thousands of people fled or were forced to flee their hometowns and villages during the 1948 Middle East war that gave birth to the state of Israel.

    With most of the 2.3 million people in Gaza internally displaced, some residents of the tiny enclave say suffering is greater now than at the time of the Nakba.

    “What we are experiencing now is even worse than the Nakba of 1948,” said Ahmed Hamad, a Palestinian in Gaza City who has been displaced multiple times.

    “The truth is, we live in a constant state of violence and displacement. Wherever we go, we face attacks. Death surrounds us everywhere.”

    ESCALATING VIOLENCE

    Palestinian health officials say the Israeli attacks have escalated since Trump started a visit on Tuesday to the Gulf states of Saudi Arabia, Qatar and the United Arab Emirates that many Palestinians had hoped he would use to push for a truce.

    The latest strikes follow attacks on Gaza on Wednesday that killed at least 80 people, local health officials said.

    Little has come of new indirect ceasefire talks between Israel and Hamas led by Trump’s envoys and Qatar and Egyptian mediators in Doha.

    Hamas says it is ready to free all the remaining hostages it is holding in Gaza in return for an end to the war, while Israeli Prime Minister Benjamin Netanyahu prefers interim truces, saying the war can only end once Hamas is eradicated.

    “At a time when mediators are exerting intensive efforts to put the negotiation back on the right track, the Zionist occupation (Israel) responds to those efforts by military pressure on innocent civilians,” the group said in a statement.

    “Israeli Prime Minister Benjamin Netanyahu wants an open-ended war and he doesn’t care about the fate of his hostages,” it said.

    Israel invaded Gaza in retaliation for the Hamas-led attack on southern Israeli communities on October 7, 2023, in which about 1,200 people were killed and 251 were taken as hostages to Gaza, according to Israeli tallies.

    Israel’s military campaign has killed more than 52,900 Palestinians, according to local health officials. It has left Gaza on the brink of famine, aid groups and international agencies say.

    A U.S.-backed humanitarian organisation will start work in Gaza by the end of May under an aid distribution plan, but has asked Israel to let the United Nations and others resume deliveries to Palestinians now until it is set up.

    No humanitarian assistance has been delivered to Gaza since March 2, and a global hunger monitor has warned that half a million people face starvation in Gaza.

    -Reuters

  • MIL-Evening Report: Grattan on Friday: Ley and Littleproud have had a prickly relationship – can they negotiate a smooth future?

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    With the future of the Coalition relationship on the line, Nationals leader David Littleproud drove to his Liberal counterpart Sussan Ley’s hometown of Albury this week. They had much to talk about, and it wasn’t going to be easy.

    Littleproud and Ley have had a combustible relationship in the past.

    After Ley, on the backbench at the time, in 2018 co-sponsored a private member’s bill to restrict live sheep exports, Littleproud, the agriculture minister, said dismissively, “I’m going to predicate my decisions on evidence, not emotion”.

    More seriously, when she was environment minister in 2019–22, Ley and Littleproud clashed over the Murray-Darling Basin.

    The Nationals leader is father of, and a true believer in, the opposition’s nuclear policy; Ley began as an agnostic on the issue, saying in 2019, “To be honest, I am not strongly for or against nuclear power”.

    The two leaders differ in their economic philosophies. Littleproud is what detractors of the Nationals and their predecessor the Country Party used to call an “agrarian socialist”. It was the Nationals who, in the last term, drove the Coalition policy to break up supermarkets that misused their power. Ley is less inclined to industry intervention.

    Ley and Littleproud have to find a way for their two parties to continue to share the same house and, assuming they do, how they divide up the rooms, and manage their joint spaces.

    Kevin Hogan, the new Nationals deputy, said late Thursday there was a will to sign a Coalition agreement, but certainly there was “a scenario where it doesn’t get signed”.

    The Nationals are feeling their power, after an election in which they held almost all their seats and the Liberals were devastated.

    Their Senate leader, Bridget McKenzie, who is outspoken and frequently in the media, said this week, “We haven’t had this amount of political clout within the Coalition since the ‘70s”.

    How many shadow ministries the Nationals receive is determined on a formula, but central is what posts they obtain.

    “There needs to be a very serious conversation heading into any Coalition discussions about the role of the National Party,” she said.

    “We don’t need to rush into an agreement, but we do need to make sure it reflects the realities of the election result, which does give greater kudos and say to the National Party within that.”

    In a cheeky reference that wouldn’t go down well with some Liberals, McKenzie said, “In our 120-year history, for 16 of these years, we held the treasury portfolio in government”.

    The Nationals are not going to hold the Treasury post in opposition. But they will try to have a louder economic voice. (There is speculation they might seek the finance shadow ministry.)

    McKenzie referred to the power of party greats Doug Anthony, Ian Sinclair and Peter Nixon in Malcolm Fraser’s government. She could have gone back to the legendary John “Black Jack” McEwen in earlier years.

    Back then, the party exercised power through the sheer strength of such individual personalities, and their ability to prevail in battles with colleagues. Looking at the Fraser years, it’s remarkable to think the prime minister used Nixon (who died just before the election, aged 97) in trying to manage a difficult and ambitious senior Liberal, Andrew Peacock, who aspired to the leadership.

    The modern Nationals have no such personalities. In recent years the party has also been riven by division over leadership and policy. Littleproud saw off a leadership challenge from Matt Canavan this week.

    Canavan lost the ballot but his call for the party to walk away from the target of reducing emissions to net zero by 2050 has yet to be resolved.

    All opposition policies are on the table, with Ley and her deputy Ted O’Brien saying they won’t rush the reconsideration of them.

    But this shapes as a complicated process, littered with obstacles.

    What if the Liberal party and the Nationals came to different conclusions on whether to retain the 2050 commitment? It could be touch and go whether the Nationals ditch it. The Liberals would be courting disaster to do so: that would divide the party and further alienate voters in the Teal-type areas that they need to win back.

    If the two parties found themselves at odds on net zero, could they viably stay together in coalition?

    The review of the nuclear policy is interlinked with the net zero commitment – nuclear was advanced as a way of getting to the target – and is also fraught. There will be pressure from some Liberals to just junk it. But Littleproud and others within his party would fight hard for it.

    The issue of timing is also critical. The opposition doesn’t have the luxury – that it appears to think it has – of going too slowly on the net zero issue.

    Energy and climate policy will be central issues over coming months.

    The government delayed until beyond the election considering what 2035 emissions reduction target it will submit under the Paris climate agreement. The Climate Change Authority, which must make a recommendation to the government on the target, helpfully said it had more work to do.

    But the target must be submitted by September. The government is expected to receive the recommendation from the authority around July. The authority has been consulting on a 65% to 75% reduction. It could recommend a single figure, or (perhaps more likely) a range.

    Anywhere between 65% and 75% would be ambitious in practical terms. The 2035 debate will take the argument away from primarily electricity into the areas of industry, transport and agriculture.

    If the opposition is to be credible in whatever criticisms it wants to make, it will need to have at least a settled position on the net zero question.

    Moreover, in trying to rebuild electoral support, the Liberals in particular require an early confirmed stance on net zero. Climate is a specially important issue with young voters, among whom the party’s support is woeful.

    Meanwhile, as all the machinations play out, Jacinta Nampijinpa Price must be giving a thought to what might have been, had she not defected from the Nationals to the Liberals in a misjudged bid to become Liberal deputy.

    She may regard the Liberals as her natural home, as she says, but if she’d stayed she might have become Nationals deputy leader this week (previous deputy Perin Davey lost her seat). That would have had her well placed to pursue her portfolio ambitions, backed by Littleproud. But who will be her champion now?

    In jumping ship, Price has found herself adrift, for the moment at least.

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

    – ref. Grattan on Friday: Ley and Littleproud have had a prickly relationship – can they negotiate a smooth future? – https://theconversation.com/grattan-on-friday-ley-and-littleproud-have-had-a-prickly-relationship-can-they-negotiate-a-smooth-future-256458

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Asia-Pac: Home Affairs Department holds seminar on 5th anniversary of promulgation and implementation of Hong Kong National Security Law for National Security Education District Tutors

    Source: Hong Kong Government special administrative region

    Home Affairs Department holds seminar on 5th anniversary of promulgation and implementation of Hong Kong National Security Law for National Security Education District Tutors 
    The seminar was held in the Central Government Offices. Guests attending the event included the Deputy Secretary for Justice, Dr Cheung Kwok-kwan; the Secretary for Home and Youth Affairs, Miss Alice Mak; and the Under Secretary for Security, Mr Michael Cheuk. Around 700 district tutors from the 18 Districts attended the seminar.
     
    Addressing the seminar, Miss Mak said that as national security is closely related to everyone and is inseparable, the Government and all sectors in society need to safeguard national security together. Since the Government officially launched the National Security Education District Tutor Training Scheme in November last year, as of early April 2025, over 3 000 district tutors have completed the training and have disseminated messages on national security to over 120 000 individuals in the community. As important partners of the Government, district tutors have actively engaged with communities, schools, and people of all ages through a diverse range of activities and, by using vivid, accessible and innovative approaches, have disseminated important messages on national security. This helps the public understand more about and attach importance to national security.
     
    Miss Mak hopes that through the seminar, all district tutors can further enhance their awareness of safeguarding national security and help disseminate related messages across various groups. Together, they will cultivate a strong foundation for national security education and patriotic values throughout the community.
     
    In delivering a keynote speech titled “Hong Kong National Security Law Builds Fort for National Security and the Safety of Hong Kong”, Dr Cheung elaborated on the situation in Hong Kong since the implementation of the NSL, as well as the current national security risks faced by the city and the importance of enhancing national security education.
     
    He stressed that “to forget war is to court disaster”, and pointed out that although the NSL, the Safeguarding National Security Ordinance, and other local laws have worked in concert to improve the legal framework for safeguarding national security in the Hong Kong Special Administrative Region (HKSAR), the actual risks of national security for both the country and the HKSAR are still there. Citing various examples from local and overseas, he reminded participants to continuously assess national security risks, enhance national security education, and strengthen national security awareness across all sectors of the community.
     
    Mr Cheuk delivered a keynote speech on the current security risks in Hong Kong and elaborated on the Government’s response strategies, including adhering to the principle of “laws are observed and strictly enforced, so as to bring offenders to account”, strengthening intelligence gathering and law enforcement, promptly rebutting smears, optimising legal tools, and enhancing interdepartmental collaboration, as well as publicity and education. He encouraged district tutors to learn more about the Constitution, the Basic Law, and Hong Kong’s laws on safeguarding national security, and actively integrate into the country to recognise the close ties of the cultures of Hong Kong and the Mainland which share the same origin, distinguish right from wrong to debunk allegations and actions of “soft resistance” in the community, and promptly report suspected acts endangering national security to protect our home.
     
    In addition, district tutors Miss Li Ka-ying and Mr Chu Wai-lam shared their valuable experiences in promoting national security education and raising public awareness of national security in the community. The two of them expressed that they will continue to serve as a connection between the Government and the community. By using their network, they can reach people from all walks of life and convey national security messages in a lively manner, thereby cultivating people’s sense of patriotism and jointly protecting their beautiful home – Hong Kong.
     
    The Chief Executive proposed in the 2023 Policy Address to train tutors at the district level for promoting national security education in the community. The Government launched the National Security Education District Tutor Training Scheme in November 2024, aiming to strengthen community participation through the scheme, hoping that the scheme can actively encourage all citizens to understand a holistic approach to national security and the significance of safeguarding national security, thereby fostering a collective commitment to uphold it and ultimately building a safe and stable social environment.
    Issued at HKT 19:06

    NNNN

    MIL OSI Asia Pacific News –

  • MIL-OSI Video: UK Baroness Jones of Moulsecoomb: Lord Speaker’s Corner | House of Lords | Episode 28

    Source: United Kingdom UK House of Lords (video statements)

    Jenny Jones, Baroness Jones of Moulsecoomb, speaks about why she is campaigning on topics including salmon farming and water company pollution in the latest episode of Lord Speaker’s Corner.

    ‘We’ve seen water companies polluting our waterways, our beaches, our lovely fishing streams… our chalk streams that are very rare and precious. And yet, we still can’t stop them doing it.’

    Baroness Jones is one of two Green members of the House of Lords alongside Baroness Bennett of Manor Castle. In this episode, she speaks to Lord McFall of Alcluith about why she campaigns on a wide range of topics.

    ‘People carry on eating salmon, even though the way they’re produced in salmon farms is absolutely horrifying. It is the lice. The fish in the farm suffer, quite often die in their pens because the lice have eaten so far into their flesh. Wild Atlantic salmon going past these fish farms can get poisoned by the toxic stuff, all the antibiotics and so on, coming off the farm fish.’

    Baroness Jones describes how members initially questioned the Green link to various issues when she first joined the Lords but how that has now changed. She explains ‘I had to explain to people everything is about the environment. If you build the wrong houses in the wrong place, then it’s a disaster for future flooding, and so on.’

    Baroness Jones also shares how she came to the Lords after training as an archaeologist and later serving as a London Assembly Member and Deputy Mayor.

    See more from the series https://www.parliament.uk/business/lords/house-of-lords-podcast/

    #HouseOfLords #UKParliament #LordSpeakersCorner #LordsMembers

    https://www.youtube.com/watch?v=w3eq5ZLEeSU

    MIL OSI Video –

  • MIL-OSI United Kingdom: Importance of timely diagnosis in spotlight as council joins partners to support Dementia Action Week

    Source: City of Stoke-on-Trent

    The city council is working with partners and dementia support services across Stoke-on-Trent and North Staffordshire to support this year’s Dementia Action Week 2025.

    The campaign, which runs from 19th to 25th May – and is led by the Alzheimer’s Society – aims to raise awareness of dementia and of the importance of a timely and accurate diagnosis for people affected by it.

    Diagnosis is vital in providing people access to the care, treatment and support they need. Yet only one in three people living with dementia have a diagnosis.

    However, more than nine in 10 people affected by dementia say that there are benefits to getting a diagnosis.

    How dementia differs from the normal ageing process

    People often forget things more and notice some changes in mental abilities as they get older. Though these changes can be frustrating, they are a natural part of ageing. However, Dementia is not a normal part of getting older.

    Dementia is a group of symptoms. It’s caused by different diseases that damage the brain. For a health professional to diagnose dementia, a person’s symptoms must be significantly impacting on their daily life. This means having difficulties with completing daily tasks about the house, in the community or at work. 

    In February 2025, 3,081 people were recorded as being diagnosed with dementia in Stoke-on-Trent. Women have a higher risk of developing dementia during their lifetime.

    Recognising the signs of dementia and getting a diagnosis is really important to enable those people living with dementia, their families and carers to access the vital support they need.

    The Alzheimer’s Society has an online checklist for possible dementia symptoms here; Checklist for Dementia Symptoms

    Anyone worried that they, or a loved one, may be experiencing signs of dementia can use this checklist to help describe the symptoms to a GP or other health professionals.

    To help anyone wanting to find out more, a free dementia services showcase drop-in event is taking place during the week.

    It is taking place on Wednesday 21st May, between 10am and 3pm, at Affinity Staffordshire Shopping Centre (previously known as Freeport) Talke Retail Park, Pit Lane, Talke Pits. ST7 1XD.

    Local dementia support services will be available at Affinity Staffordshire Shopping Centre to showcase some of the advice and support available to people living with dementia, their families and carers. This event is one of the local initiatives, coordinated on behalf of the Stoke-on-Trent and North Staffordshire Dementia Steering Group, to support Dementia Action Week 2025

    Exhibitors on the day with include:

    • Alzheimers Society
    • The Memory Clinic – Community Mental Health Team
    • Dougie Mac Approach Dementia Service
    • Beth Johnson Foundation
    • North Staffs Carers
    • Potteries Helping Hand Dementia Group
    • Asist Advocacy
    • Royal Voluntary Service
    • Healthwatch
    • Alzheimers Research UK
    • NSCHT, NHS, ARRS, HIPC
    • Healthwatch
    • MPFT Social Workers
    • Stoke-on-Trent City Council
    • Staffordshire and Stoke-on-Trent Integrated Care Board
    • Staffordshire Fire and Rescue

    Councillor Duncan Walker – cabinet member for adult services at Stoke-on-Trent City Council – said: “We are very keen to support this vital campaign and raise awareness of the need for a timely and accurate Dementia diagnosis.

    “The dementia showcase on Wednesday, 21st May is an excellent way to find out more if you have concerns or want to access a wide-range of services that can support you – I would encourage anyone looking for that kind of advice to go along.” 

    In addition, The Stoke-on-Trent Council City Council and Integrated Care Board Joint Dementia Strategy 2025–2029 is scheduled to be presented to cabinet for approval in June, ahead of its official launch, which will be accessible here: Stoke on Trent Dementia Strategy.

    More information on activities and services available to people with dementia and their families and carers in Stoke on Trent can be found at, What support can I get for Dementia?  and https://stokecommunitydirectory.co.uk/ search for ‘dementia’.

    More information about Dementia Action Week can be found at

    https://www.alzheimers.org.uk/get-involved/dementia-action-week

    MIL OSI United Kingdom –

  • MIL-OSI: Best Online Tarot Reading [2025] Free Love Tarot Card Reading by Experts

    Source: GlobeNewswire (MIL-OSI)

    Los Angeles, CA, May 15, 2025 (GLOBE NEWSWIRE) —

    If you’re seeking clarity about love, life, or your future, online tarot reading can offer deep insights and meaningful guidance.

    With so many online tarot reading platforms, it can be difficult for users to know which ones are worth their time and money. That’s why tarot reading experts take a rigorous and independent approach to evaluating and ranking the best online tarot reading services each year. The goal is simple: help people find trustworthy, accurate, and user-friendly platforms that consistently deliver meaningful guidance.

    ⇒ Need answers? Start your free tarot reading session with real accuracy!

    Tarot reading experts have officially released their 2025 rankings of the best online tarot reading services, offering users a trusted guide to the most accurate and reputable tarot platforms. The site’s new list features handpicked platforms offering intuitive, confidential, and personalized tarot experiences—many with free online tarot reading options to get started. 

    With interest in online tarot reading growing steadily worldwide, the updated rankings aim to help seekers find meaningful and authentic guidance, especially in love, career, emotional clarity, and personal growth.

    ⇒ Clear answers await—book your online tarot reading with verified experts! 

    According to tarot reading experts, the surge in demand for tarot card reading online is driven by a need for instant clarity in uncertain times. From relationship struggles to professional crossroads, more people are turning to love tarot reading and other specialized services to gain deeper insight and peace of mind. 

    As digital spiritual services continue to rise in popularity, Tarot reading experts stand out as a reliable source for discovering the top-rated online tarot card reading platforms in 2025. The complete rankings are now available on their official website.

    ⇒ Need clarity? Get the most accurate tarot reading online today!

    How Tarot-Reading-Experts.com Ranks the Best Online Tarot Reading Services

    To identify the top-rated online tarot card reading services for 2025, tarot reading experts use a detailed set of criteria designed to measure each platform’s overall quality and reliability. This process involves both expert analysis and direct feedback from actual users. The following core factors are used in the rankings:

    Verified Customer Reviews: User experiences are among the most important quality indicators. Platforms with consistently positive feedback, especially in categories like free love tarot reading, money readings, and life path insight, rank higher.

    Reader Experience & Credentials: Only platforms with experienced, intuitive tarot readers with strong reputations are considered. Sites that allow users to view reader profiles, ratings, and specialties (such as tarot reading online free) are favored.

    ⇒ Start your truthful tarot reading session with real experts!

    Ease of Use: A good online tarot reading platform should be easy to navigate, both on desktop and mobile. Rankings factor in site speed, design, account setup, and how simple it is to start a session.

    Customer Satisfaction: Using surveys and review aggregation, Tarot-Reading-Experts.com measures how happy users are with the overall experience, including how insightful and helpful their tarot card reading sessions were.

    Value and Pricing Transparency: Affordability matters. Services that provide clear pricing, offer free online tarot reading trials, or include flexible packages tend to receive higher marks.

    ⇒ Experience true guidance with accurate tarot readers!

    Independent Reviews and User Surveys

    The rankings aren’t influenced by advertisers or brand partnerships. Instead, tarot reading experts use independent evaluations, detailed testing, and anonymous user surveys to ensure fairness and accuracy. By combining expert insights with real user feedback, the site provides readers with reliable information to confidently choose the best online tarot reading service for their needs.

    This approach ensures that every platform listed has been vetted for performance and its ability to deliver authentic, compassionate, and meaningful readings across all major life areas.

    ⇒ Try a professional online tarot reading you can trust!

    What Is Tarot Reading and How Does It Work?

    Tarot reading is a centuries-old practice that combines symbolic images, intuition, and emotional insight to help people better understand their situations and make empowered decisions. Though many associate tarot with fortune-telling, it’s more commonly used today for reflection, guidance, and emotional clarity, especially through online tarot reading platforms.

    The history of tarot dates back to 15th-century Europe, where it began as a playing card game. By the 18th century, tarot had evolved into a spiritual practice for divination and personal insight. Today, it’s one of the most popular forms of intuitive guidance available online.

    ⇒ Connect now with top-rated, accurate tarot readers!

    Understanding the Tarot Deck: Major and Minor Arcana

    A standard tarot deck contains 78 cards, divided into two main groups:

    • The Major Arcana: 22 cards representing major life themes and turning points, such as The Lovers, The Tower, and The Fool. These cards tend to carry strong symbolic messages and influence.
    • The Minor Arcana: 56 cards that reflect everyday situations, challenges, and emotions. These are divided into four suits—Cups, Pentacles, Swords, and Wands—each representing different areas of life like relationships, money, thoughts, and creativity.

    During a tarot card reading, a reader will arrange the cards in a specific spread (such as a three-card draw or Celtic Cross) and interpret them based on their position, symbolism, and intuitive connection to the person receiving the reading.

    ⇒ Get accurate insights from a real tarot card reading!

    How Tarot Reading Works Online

    With today’s technology, online tarot card reading has become more accessible. Readings are typically offered through chat, video calls, or phone, making it possible to receive accurate, personal insight without leaving home. Many platforms also provide a free online tarot reading as an introduction, allowing new users to test the experience before booking a longer or deeper session.

    The online format doesn’t dilute the reading. Many users find that tarot reading online provides the same emotional connection and accuracy as an in-person session. A skilled reader can tune into your energy through your words, questions, and emotional tone—no matter the distance.

    ⇒ Receive honest answers from skilled tarot readers online!

    Why Choose an Online Tarot Reading?

    An online tarot reading is a convenient and private way to gain spiritual guidance without needing to leave your home. Whether you’re facing a tough decision or simply curious about what lies ahead, tarot card reading services can provide symbolic insights that resonate with your situation.

    What to Expect from a Tarot Reading Online

    During a tarot reading online, a reader draws cards from the deck to answer questions about love, career, or your life path. Each card has a specific meaning, and its placement in the spread helps form a narrative tailored to your inquiry. Modern platforms now offer chat-based, video, or even AI-assisted tarot card reading options, making it accessible to everyone.

    ⇒ See what trusted online tarot readers have to say!

    The Best Online Tarot Reading Platforms

    Here are some features to look for when choosing the best online tarot reading service:

    • Experienced Readers: Look for platforms that screen their psychics and tarot readers.
    • User Reviews: Real testimonials help determine a platform’s reliability.
    • Free Trials or Discounts: Many sites offer a free online tarot reading or introductory rates.
    • Multiple Reading Options: From traditional tarot to oracle cards and numerology.

    Exploring Love and Relationships with Tarot

    A free love tarot reading is one of the most popular types of spreads used in online tarot reading services. Whether you’re wondering if a partner is right for you, or seeking insight into a future relationship, tarot can provide emotional clarity. A free love tarot reading is a great way to dip your toes into the world of spiritual guidance without a financial commitment.

    ⇒ Talk to accurate tarot readers for a trusted love tarot reading!

    Try a Free Online Tarot Reading Today

    If you’re new to the world of tarot, a free online tarot reading is the perfect place to start. Many platforms allow you to try out a session with no strings attached, offering both general and specific spreads, including the popular free love tarot reading option.

    ⇒  Get instant answers with a free tarot reading!

    What Questions Can Tarot Answer?

    While tarot card reading isn’t meant to predict your exact future, it does help reveal patterns, energies, and possible outcomes based on your current path. Common questions center around:

    • Love and relationships (especially through love tarot reading)
    • Career choices and work-related challenges
    • Family matters
    • Personal growth and life transitions
    • Spiritual direction or internal blocks

    The key is to approach the reading with an open mind and clear questions. For example, asking “What energy surrounds my relationship right now?” will lead to a more useful answer than “Will my ex come back?”

    ⇒ Find answers with an online tarot reading for love and life!

    Intuition and Symbolism Are at the Core

    Tarot isn’t about hard rules or set answers. Instead, it’s a collaborative process between the reader, the cards, and your energy. Each card carries layers of meaning, and skilled readers interpret those symbols in the context of your unique question or concern. Their intuition and years of practice bring each reading to life.

    Why Online Tarot Reading Is Trending in 2025

    In 2025, online tarot reading has become one of the most sought-after spiritual tools across the globe—and it’s not hard to see why. As more people turn to tarot for guidance, growth, and clarity, the convenience and effectiveness of digital readings are helping to redefine how we approach intuitive insight.

    ⇒ Find clarity in your heart with a personalized online tarot reading!

    Anytime, Anywhere Access

    One of the main reasons for the growing popularity of tarot card reading online is accessibility. With just a few taps on a phone or clicks on a laptop, users can connect with experienced tarot readers without leaving home. Whether you’re dealing with a sleepless night, going through a rough breakup, or need help making a tough decision, having access to 24/7 tarot reading online services makes it easier to get immediate answers on your schedule.

    This flexibility also eliminates the stress of commuting, scheduling weeks ahead, or sitting awkwardly in a metaphysical shop. Instead, you can enjoy a private and personalized online tarot card reading session from the comfort of your home, or even on a quick break at work.

    Affordable and Often Free to Try

    In-person readings can be expensive and inconsistent. Many users turn to free online tarot reading platforms to explore their options before paying for deeper insight. Some of the best online tarot reading services now offer free trials, introductory questions, or short sample readings to help users feel confident before committing financially.

    This affordability is especially important in today’s economy, where people still seek spiritual connection but need cost-effective ways to find it.

    ⇒ Find trusted guidance with an expert tarot reading online!

    A Shift in Global Mindset

    Another key factor behind this trend is the growing trust in digital spiritual services. People are now more open than ever to exploring holistic tools like tarot reading, astrology, and energy healing—all from their phones. The internet has made it easier to research platforms, read reviews, and choose qualified readers who match individual values or beliefs.

    What Makes a Tarot Reading Accurate?

    Not all tarot readings are created equal. While tarot card reading has always been rooted in symbolic interpretation, what truly determines its value is the depth and accuracy of the insights it provides. Whether done in person or through online tarot reading, the quality of a reading depends on a few key factors. These include the reader’s intuition, connection with the client, and ability to interpret the cards meaningfully.

    ⇒ Ready for clarity? Start your journey at Tarot-Reading-Experts.com

    It Starts with the Reader’s Intuition

    The reader’s intuitive ability is at the heart of every accurate tarot reading. Tarot cards don’t deliver concrete answers—they open the door to deeper reflection and energy-based messages. A gifted reader uses more than just the traditional meanings of the cards. They tune into the subtle emotional and energetic cues of the client, even during a tarot reading online, to understand the deeper message the cards are trying to convey.

    Online readings rely heavily on this skill, especially when video or voice isn’t involved. The best readers can still pick up on emotional energy through chat, written questions, or even how someone types.

    The Right Spread Makes a Difference

    The layout, or “spread,” used during a reading also plays a critical role. A simple three-card spread might reveal the past, present, and future of a love situation, while a Celtic Cross Spread can offer a comprehensive look into more complex issues. Skilled readers know which spread to use based on the client’s needs and how to adapt the positions to fit the question.

    Whether it’s a short, free online tarot reading or a full, in-depth session, using the right layout helps organize the message and allows for a clearer interpretation.

    Asking the Right Questions

    A precise tarot reading often begins with the client asking the right questions. Open-ended prompts such as “What can I expect if I stay in this relationship?” or “What energy surrounds my career path right now?” invite deeper, more revealing answers than closed yes-or-no questions. When clients know what they’re looking for, it’s easier for the reader to use the cards effectively, especially in free love tarot reading sessions, which are often emotionally charged.

    ⇒ Ask your question and get an honest tarot reading online!

    Interpretation Is an Art, Not a Script

    Finally, the best tarot card reading online experiences come from readers who blend intuition with empathy. They don’t just recite card meanings—they read between the lines, pick up on emotional cues, and provide guidance with compassion. They recognize that tarot is not about prediction, but about perspective.

    This combination of skill, insight, and connection separates a generic reading from a powerful one. And with more people turning to tarot reading online free platforms to test the waters, finding a reader who embodies these traits is more important than ever.

    ⇒ Choose clarity—try a reliable tarot card reading!

    Top Features to Look for in an Online Tarot Reading Platform

    With the growing popularity of online tarot reading, it’s more important than ever to know what sets a quality platform apart from the rest. Whether you’re exploring tarot card reading online for the first time or looking to switch services, paying attention to a few key features can help you get the most accurate, valuable, and enjoyable experience possible.

    Free Introductory Readings

    A reliable tarot platform often offers a free online tarot reading or a short introductory session. This allows new users to test the waters, get a feel for the reader’s style, and decide if the platform is a good fit before spending money. Whether it’s a few free minutes, a sample spread, or a trial offer, these options help build trust and transparency.

    Top-rated services now include tarot reading online free trials, making it easier for users to explore topics like love, career, or life direction without pressure.

    ⇒ Find a free or live tarot reading now at Tarot-Reading-Experts.com

    Specialty Readings for Deeper Insight

    Another important feature is the availability of specialized tarot readings. The best platforms offer more than just general readings—they include focused sessions like:

    • Love tarot reading for romantic clarity and relationship questions
    • Career and financial guidance
    • Past life readings for spiritual exploration
    • Yes/no quick reads for fast decisions

    Access to multiple categories ensures you can find the right tarot card reading online to meet your specific emotional or spiritual needs.

    ⇒ Feel confident with answers from accurate tarot readers!

    Flexible Reading Formats

    Everyone has different comfort levels, and a quality platform should offer various communication options. Look for services that allow you to choose between:

    • Live chat for quick, discreet communication
    • Phone readings for more voice-driven connection
    • Video sessions for face-to-face depth

    This flexibility enhances the online tarot card reading experience, letting you choose what feels most natural.

    Clear Policies and Satisfaction Guarantees

    Trustworthy online tarot card reading platforms stand behind their service. Look for sites that offer clear refund policies, satisfaction guarantees, or the option to switch readers if the session doesn’t resonate with you. This shows the platform values integrity and wants you to walk away feeling seen and supported.

    ⇒ Access transparent, truthful tarot card readings!

    Benefits of Tarot Card Reading Online

    As more people seek clarity and guidance from the comfort of their homes, online tarot reading has become the preferred option for many spiritual seekers. It’s not just a digital version of a traditional session—it’s an entirely enhanced experience that offers more control, flexibility, and convenience than ever before. Whether you’re interested in a quick check-in or an in-depth love tarot reading, the advantages of tarot card reading online are hard to ignore.

    1. No Need for In-Person Visits

    One of the most obvious benefits is that you no longer need to travel to a physical location to receive a reading. With online tarot card reading platforms, you can connect with experienced readers from anywhere in the world, without commuting, dressing up, or working around someone else’s schedule. This is especially helpful for those living in remote areas or facing mobility challenges.

    2. Time-Efficient and Always Accessible

    Modern life is busy, and squeezing in time for spiritual self-care isn’t always easy. That’s why tarot reading online has become so popular. Sessions can be as short as 10 minutes or as long as an hour, and many platforms offer 24/7 availability. Whether it’s early morning or late at night, you can log in and connect with a reader when it works.

    ⇒ Get your question answered by a trusted tarot expert!

    3. Greater Variety of Readers and Styles

    Online platforms offer access to a wide range of readers with different styles, backgrounds, and specialties. Looking for a compassionate guide for a love tarot reading? Or maybe you’re interested in past life insights or financial clarity? Whatever your focus, you’ll have far more options online than you’d ever find locally. The best platforms also allow you to browse reader bios, client reviews, and availability before booking.

    4. Ability to Save and Revisit Readings

    Another major perk of tarot card reading online is the ability to save session transcripts, notes, or even video/audio recordings (depending on the platform). This allows you to revisit the guidance you received and track how things unfold over time. It’s like keeping a spiritual journal, only with expert insight included.

    5. More Privacy and Emotional Comfort

    Some people find in-person sessions intimidating or emotionally overwhelming. Online tarot reading offers a layer of emotional comfort and privacy. You’re free to express yourself without judgment, and you can control the pace and format of the session. Whether it’s through chat, voice, or video, the setting is entirely yours to choose.

    ⇒ See what’s ahead with clarity from accurate tarot readers!

    6. Affordable and Often Free to Start

    Many platforms now offer free online tarot reading options or introductory discounts, making spiritual guidance more accessible than ever. Whether you’re testing the waters or looking for regular insight, affordable pricing means more people can benefit from a high-quality tarot card reading without financial strain.

    7. Global Reach, Local Convenience

    Finally, online tarot card reading breaks geographical barriers. You can connect with gifted readers across continents, bringing diverse perspectives and deeper insight into your sessions—all from your phone, tablet, or laptop.

    With so many practical and emotional benefits, it’s no surprise that the best online tarot reading services continue to attract thousands of users seeking honest, personal, and meaningful guidance.

    ⇒ Experience clarity and truth with an online tarot reading!

    How to Choose the Right Online Tarot Reader for You

    Not all tarot readers are the same, and finding the right one can make the difference between a vague session and a powerful, insightful experience. Thanks to the rise of online tarot reading, users can now access thousands of skilled readers worldwide. But with so many choices, how do you find the one that’s right for you?

    Here are the most important factors when choosing a tarot reader online.

    1. Match Their Specialty to Your Needs

    Are you seeking clarity in your love life, looking to shift careers, or hoping to understand your emotional blocks? Start by identifying the main reason you’re seeking a reading. The best online tarot reading platforms allow you to filter readers by specialty, such as free love tarot reading, life purpose, financial guidance, or spiritual healing.

    Choosing a reader specializing in your area of concern helps ensure your session will be focused, meaningful, and on target.

    ⇒ Take control of your path with a detailed tarot reading online

    2. Review Reader Profiles and Client Feedback

    On most platforms, each tarot reader has a public profile detailing their experience, reading style, and client reviews. Some also include sample readings or video introductions. Look for someone whose energy and approach resonate with you, whether you prefer direct answers, compassionate insight, or spiritual depth.

    User reviews can reveal whether the reader has a track record of an accurate tarot card reading online and how they handle different types of clients and questions.

    3. Consider Communication Style

    Think about how you’d prefer to receive your reading. Some people are more comfortable with live chat, while others feel a stronger connection through video or phone. Choose a format that matches your comfort level.

    • Chat readings are great for discreet, fast sessions
    • Phone readings allow for a more emotional connection through tone
    • Video calls offer a face-to-face experience without needing to meet in person

    Good platforms give you these options, allowing your online tarot card reading to feel as natural as possible.

    ⇒ Ask the cards and get accurate, fast results!

    4. Check Pricing and Free Trial Options

    If you’re new to tarot card reading online, you might want to try a free online tarot reading or an introductory session before committing to a full reading. Top-rated platforms offer free minutes, trial credits, or satisfaction guarantees to help first-time users feel secure in their choice.

    Even if readers charge higher rates, their feedback and experience might justify the cost. Always weigh value against budget and comfort.

    5. Trust Your Intuition

    Finally—and this is important—trust your gut. If something about a reader doesn’t sit right with you, move on. Your energy and comfort are crucial during a tarot reading online session. The right reader will feel easy to connect with, even before the cards are drawn.

    In the digital age, you have more tools than ever to find a reader who truly aligns with your energy and goals. Take your time, explore your options, and don’t be afraid to try a few different readers until you find the perfect match.

    ⇒  Find trusted tarot platforms for 2025 at Tarot-Reading-Experts.com

    Common Misconceptions About Online Tarot Reading

    Despite its growing popularity, online tarot reading still faces a range of misconceptions. Some people hesitate to explore it because of outdated ideas or confusion about how tarot works in a digital format. Clearing up these myths is essential to understanding what tarot card reading online offers and how it can be a useful tool for self-reflection and guidance.

    Let’s look at some of the most common myths and the truth behind them.

    1. Tarot Reading Only Works In Person

    One of the biggest myths is that tarot readings must happen face-to-face to be effective. In reality, energy and intention are not limited by physical space. Experienced tarot readers can connect just as powerfully over the internet as they can in person. Thanks to video, chat, and phone options, online tarot card reading sessions are often just as personal—and sometimes even more comfortable—than in-person sessions.

    Many people even prefer tarot reading online because it gives them space to open up without pressure.

    ⇒ Trusted psychics are live for your tarot card reading

    2. You Have to Believe in Magic or the Occult

    Tarot is not about casting spells or predicting fixed outcomes. While it has spiritual roots, modern tarot card reading is more commonly used as a tool for reflection, clarity, and personal growth. You don’t need to believe in any particular tradition to benefit from a session. Most readers focus on insight, emotional patterns, and life decisions rather than “fortune-telling.”

    People from all backgrounds and belief systems can use an online tarot reading or readings to understand their thoughts and gain perspective.

    3. All Tarot Readings Are Vague or Fake

    Another widespread belief is that all tarot readers give general answers that could apply to anyone. While that might be true for some low-quality providers, the best online tarot reading platforms carefully vet their readers for authenticity, accuracy, and professionalism. A skilled tarot reader will tailor their reading to your specific questions and energy, offering relevant and personal insights.

    Like with any profession, some practitioners are better than others—choosing the right one makes all the difference.

    ⇒ Don’t be left guessing—get a real tarot reading online!

    4. Free Readings Are a Scam

    It’s smart to be cautious online, but not all free online tarot reading offers are misleading. In fact, many reputable platforms give new users a few free minutes or credits to test their services. These are often real sessions, shorter in length, and designed to help you try different readers before spending money.

    Look for clear terms, transparent pricing, and tarot reading online free trials offered directly through established platforms, not through suspicious pop-ups or random ads.

    5. Tarot Readers Will Tell You What to Do

    Contrary to what some think, a tarot reading isn’t about being told what choices to make. Good readers don’t control your decisions—they offer guidance and possible outcomes based on your current path. Tarot is about self-awareness, not control. You’re still the one in charge of your life.

    A quality online tarot card reading helps you feel empowered, not dependent.

    ⇒ Real advice, no guesswork—just a precise tarot reading!

    Free Online Tarot Reading vs Paid Tarot Reading: What’s the Difference?

    There are two options in online tarot reading: free readings and paid sessions with a live tarot reader. Both have their place, but they serve very different purposes. Understanding their differences can help you decide which is right for your needs, or how to use both effectively.

    What You Get with Free Online Tarot Reading Tools

    Free online tarot reading tools are usually automated programs that let you select digital tarot cards and receive pre-written interpretations. These tools can be great for casual guidance or quick reflection. They’re available 24/7, cost nothing, and are a helpful starting point for beginners exploring tarot card reading online.

    However, these free readings lack personalization. They don’t factor in your energy, emotions, or the specific context of your question. They offer general meanings for each card, rather than weaving them together to form a complete, intuitive message.

    ⇒ Click to chat with accurate tarot readers instantly!

    The Value of Paid Tarot Reading Online

    Paid sessions connect you with a real, experienced tarot reader who can provide deeper insights and emotional connection. Live online tarot card reading sessions allow for follow-up questions, clarification, and readings that evolve with your energy in real time. They’re especially helpful for more personal topics, such as love tarot reading, career crossroads, or inner healing.

    When looking for real clarity or dealing with sensitive issues, the difference in quality and depth between a free and paid reading becomes clear.

    Start Free, Then Go Deeper

    Free readings are a great introduction to the tarot, and some of the best online tarot reading platforms even offer free minutes with real readers. But upgrading to a personalized, live tarot reading online is often the better choice for layered insight and meaningful transformation.

    ⇒ Get quick, trustworthy answers from a live tarot expert!

    Conclusion

    As virtual spiritual services continue to gain global traction, Tarot-Reading-Experts.com is setting a new benchmark with its 2025 rankings for the best online tarot reading platforms. This timely announcement highlights the growing demand for trusted, convenient, and deeply insightful tarot card reading online experiences.

    Backed by extensive research and expert evaluation, the platform’s latest report reflects the evolution of tarot in the digital age, where users now prioritize privacy, access, and quality over in-person tradition. With a rising number of individuals turning to online tarot card reading for clarity in love, career, and personal growth, the service has become a mainstay for self-guided decision-making and emotional support.

    From free online tarot reading tools to highly rated live sessions with professional readers, the online format empowers users to choose the type of experience that suits their personal needs. The most reputable platforms now offer 24/7 access, diverse reading types, and strong satisfaction guarantees, ushering in a new era of intuitive guidance that’s just a click away.

    See why thousands trust Tarot-Reading-Experts.com for online readings.

    FAQs

    Is tarot card reading online accurate?

    Yes, tarot card reading online can be just as accurate as in-person sessions. A skilled reader doesn’t need to physically touch the cards or see you in person to tune into your energy. Accuracy depends more on the reader’s experience, your openness, and the clarity of your question than on physical proximity.

    Can I get a free tarot reading online?

    Many reputable platforms offer a free online tarot reading to help new users explore their services. These can range from a few complimentary minutes with a live reader to automated card pulls with general interpretations. A tarot reading online free trial gives you a low-risk way to test out different readers, styles, or topics before committing to a paid session.

    What can I ask about in an online tarot card reading?

    You can ask about almost anything—love tarot reading is especially popular. However, readers also cover topics like career, finances, health (in a spiritual sense), family, life purpose, personal growth, and decision-making. The key is to be specific and open. The more focused your question, the more relevant your reading will likely be.

    How long does an online tarot reading usually take?

    Online tarot card reading sessions typically range from 10 minutes to an hour, depending on the platform, the number of questions you have, and your chosen format. Some services offer quick answers, while others provide deep, detailed insights. You can often choose how much time you want to spend, and many readers will let you extend the session if needed.

    Is it safe to do tarot reading online?

    Yes, as long as you use a reputable website. Look for platforms that are transparent about pricing, have verified reader profiles, and offer secure payment options. Reading reviews and checking customer ratings can also help you avoid scams. A trusted online tarot card reading site will respect your privacy and never pressure you into buying more services.

    How often should I get a tarot reading?

    That depends on your needs. Some people like to check in weekly, especially for a love tarot reading or ongoing decisions. Others prefer monthly or even just when facing a major life shift. As long as you’re not becoming dependent on the cards for every decision, you can set your own pace.

    What is the best online tarot reading service?

    The best online tarot reading service is one that offers experienced readers, accurate insights, and flexible formats like video or chat readings.

    How does a tarot reading online work?

    In a tarot reading online, a reader uses a digital interface to pull tarot cards and interpret their meanings based on your question or situation.

    What can I expect from a love tarot reading?

    A love tarot reading focuses on your romantic life, helping you understand relationship dynamics, feelings, and future possibilities.

    Where can I get a free love tarot reading?

    Many websites offer a free love tarot reading as an introduction to their services, giving you insight into your relationships at no cost.

    Are tarot card readings online private?

    Yes, most tarot card reading services ensure full privacy and confidentiality, especially during chat or video sessions.

    Can I trust free online tarot reading results?

    While a free online tarot reading gives useful insights, for deeper accuracy it’s best to consult an experienced tarot reader.

    Do I need to prepare before a tarot reading online?

    It’s helpful to come with a clear question or topic in mind to get the most accurate results from your tarot reading online.

    Are online tarot readers certified or trained?

    Reputable platforms offering the best online tarot reading often verify their readers through reviews, experience, and training.

    What device can I use for a tarot reading online?

    You can use your smartphone, tablet, or computer to access most tarot reading online platforms, anytime and anywhere.

    Can tarot readings predict the future?

    A tarot card reading offers symbolic guidance and can highlight potential outcomes, but it should be used as a tool for reflection, not absolute prediction.

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    Attachment

    The MIL Network –

  • MIL-OSI: Marex Group plc announces strong results for first quarter of 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 15, 2025 (GLOBE NEWSWIRE) — Marex Group plc (‘Marex’ or the ‘Group’; Nasdaq: MRX) a diversified global financial services platform, providing essential liquidity, market access and infrastructure services to clients in the energy, commodities and financial markets, today reported financial results for the first quarter (‘Q1 2025’).

    Ian Lowitt, Group Chief Executive Officer, stated, “Robust levels of client activity across our businesses and positive market conditions led to a strong performance in the first quarter of the year. Adjusted profit before tax grew 42% year-on-year, driven by strong revenue growth in all our business segments. This reflects the continued successful execution of our strategy to expand our geographic footprint and product capabilities, growing our client base, increasing diversification and driving greater earnings resilience. In early April, we experienced some very high-volume days which we processed successfully, reflecting the operational resilience of our platform. We maintained record levels of liquidity and remained disciplined in managing our risk while supporting our clients. We were also delighted with the strong demand from investors for our second follow-on equity offering in challenging markets, further increasing our public float, as well as another successful debt issuance, further diversifying our sources of funding and increasing our liquidity position.”

    Financial and Operational Highlights:

    • Strong Q1 performance: Robust client activity and positive market conditions drove 42% growth in Adjusted Profit before Tax1 to $96.3 million
    • Revenue increased by 28% to $467.3m with strong revenue growth across all our business segments
      • Agency and Execution in particular increased revenue by 42% to $239.5m, driven by growth in Securities revenues across asset classes and continued build-out of Prime Services, as well as strong growth in the Energy business
    • April market conditions: At the start of April, we experienced highly elevated volumes which have since returned to more normalised levels. Our ability to process these volumes demonstrates the operational resilience of the firm and scalability of our platform. We also maintained record levels of liquidity and remained disciplined in managing our risk while supporting our clients
    • Executed growth strategy: Aarna Capital acquisition completed at the end of March, growing our Clearing presence in the Middle East, as we continued to diversify our platform and drive greater earnings resilience
    • Successful secondary equity placement: Significantly oversubscribed transaction resulted in existing shareholders placing an upsized 11.8 million shares with institutional investors in April, further increasing public float to approximately 70%
    • Prudent approach to capital and funding: Successfully issued $500 million 3-year senior unsecured notes in May, further diversifying our funding sources while maintaining a strong capital and liquidity position
    • Dividend: Q1 2025 dividend increased to $0.15 per share, to be paid in the second quarter of 2025
    Financial Highlights: ($m)   3 months ended 31 March 2025   3 months ended 31 March 2024   Change
                 
    Revenue   467.3   365.8   28%
    Profit Before Tax   98.0   58.9   66%
    Profit Before Tax Margin (%)   21%   16%   500 bps
    Profit After Tax   72.5   43.6   66%
    Profit After Tax Margin (%)   16%   12%   400 bps
    Return on Equity (%)   29%   23%   600 bps
    Basic Earnings per Share ($)2   0.98   0.60   63%
    Diluted Earnings per Share ($)2   0.92   0.56   64%
                 
    Adjusted Profit Before Tax1   96.3   67.7   42%
    Adjusted Profit Before Tax Margin (%)1   21%   19%   200 bps
    Adjusted Profit after Tax            
    Attributable to Common Equity1   68.2   48.9   39%
    Adjusted Return on Equity (%)1   30%   29%   100 bps
    Adjusted Basic Earnings per Share ($)1,2   0.97   0.74   31%
    Adjusted Diluted Earnings per Share ($)1,2   0.91   0.69   32%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure. The Group changed the labelling of its non-IFRS measures during 2024 to better align to the equivalent IFRS reported metric and enhance transparency and comparability.
    2. Weighted average number of shares have been restated as applicable for the Group’s reverse share split (refer to Appendix 1 for further detail).
         
      Conference Call Information:
    Marex’s management will host a conference call to discuss the Group’s financial results today, 15 May 2025, at 9am Eastern Time. A live webcast of the call can be accessed from Marex’s Investor Relations website. An archived version will be available on the website after the call. To participate in the Conference Call, please register at the link here: https://edge.media-server.com/mmc/p/zudci4bx/

    Enquiries please contact:
    Marex
    Investors – Adam Strachan
    +1 914 200 2508 / astrachan@marex.com

    Media – Nicola Ratchford, Marex / FTI Consulting US / UK
    +44 7786 548 889 / nratchford@marex.com / +1.716.525.7239/ +44 7976870961
    | marex@fticonsulting.com

    		  
         


    Financial Review

    The following table presents summary financial results and other data as of the dates and for the periods indicated:

    Summary Financial Results

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    – Net commission income   250.7   218.9   15%
    – Net trading Income   159.1   106.2   50%
    – Net interest income   53.4   35.6   50%
    – Net physical commodities income   4.1   5.1   (20)%
    Revenue   467.3   365.8   28%
                 
    Compensation and benefits   (291.7)   (229.9)   27%
    Depreciation and amortisation   (7.9)   (7.8)   1%
    Other expenses   (73.8)   (69.6)   6%
    Provision for credit losses   —   0.3   n.m.2
    Bargain purchase gain on acquisitions   3.4   —   n.m.2
    Other income   0.7   0.1   600%
    Profit Before Tax   98.0   58.9   66%
    Tax   (25.5)   (15.3)   67%
    Profit After Tax   72.5   43.6   66%
    Reconciliation to Adjusted Profit Before Tax1            
    Profit Before Tax   98.0   58.9   66%
    Bargain purchase gain   (3.4)   —   n.m.2
    Acquisition related costs   —   0.2   n.m.2
    Amortisation of acquired brands and customer lists   1.3   0.8   63%
    Activities relating to shareholders   —   2.4   n.m.2
    Owner fees   0.4   1.7   (76)%
    IPO preparation and public offering of ordinary shares   —   3.7   n.m.2
    Adjusting items   (1.7)   8.8   (119)%
    Adjusted Profit Before Tax1   96.3   67.7   42%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. n.m. = not meaningful to present as a percentage.

    Costs and Group Headcount

    The Board and Senior Management also monitor costs split between Front Office Costs and Control and Support Costs to better understand the Group’s performance. The table below provides the Group’s management view of costs:

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Front office costs1   (258.4)   (210.1)   23%
    Control and support costs1   (106.8)   (80.6)   33%
    Total   (365.2)   (290.7)   26%

    1) Management review Front Office Costs and Control and Support Costs when assessing Adjusted Profit Before Tax performance. These costs are included within compensation and benefits, other expenses and depreciation and amortisation in the Statutory Income Statement provided above.

    The following table provides a breakdown of Front Office and Control and Support Headcount

    Full Time Equivalent (‘FTE’) headcount1 31 March 2025   31 March 2024       31 March 2025   31 March 2024    
      Average   Average   Change   End of Period   End of Period   Change
    Front office 1,284   1,236   4%   1,288   1,250   3%
    Control and support 1,183   1,015   17%   1,215   1,030   18%
    Total 2,467   2,251   10%   2,503   2,280   10%

    1) For analysis purposes, average headcount is used in the performance commentary outlined below.

    Performance for the three months ended 31 March 2025

    Revenue grew by 28% to $467.3m (Q1 2024: $365.8m) with strong growth across all business segments, as we continue to diversify our platform and drive greater earnings resilience. This growth was driven by robust client activity and positive market conditions.

    Net commission income increased by 15% to $250.7m (Q1 2024: $218.9m). The growth was driven by Agency and Execution, which grew 22% to $182.9m (Q1 2024: $150.5m) reflecting a strong performance in Securities and Energy, supported by record transaction volumes.

    Net trading income increased by 50% to $159.1m (Q1 2024: $106.2m). The growth was driven by a $40.8m increase in Agency and Execution to $49.9m (Q1 2024: $9.1m), mainly due to Rates, FX and Equities. The most significant contribution came from the continued build-out of our Prime Services capabilities, which grew by $33.4m, including growth in our securities based swaps offering. In addition, Net trading income in our Market Making segment increased by $10.7m to $54.9m (Q1 2024: $44.2m) driven by growth in all asset classes.

    Net interest income increased by 50% to $53.4m (Q1 2024: $35.6m) reflecting $5.8bn growth in average balances to $17.1bn, which more than offset lower average Fed Funds rates compared to Q1 2024.

    Front office costs increased by 23% to $258.4m (Q1 2024: $210.1m), predominantly reflecting higher compensation costs on strong revenue performance across the Group. Front office headcount growth reflected restructuring activity in Agency and Execution and reallocation of FTE from front office to control and support in Q2 2024. Excluding these, average front office FTE headcount grew by 11% year on year.

    Control and support costs increased by 33% to $106.8m (Q1 2024: $80.6m). This was primarily driven by investment in technology to support automation and business growth, as well as investments in our finance, risk, and compliance functions to support our controlled growth and development as a public company. This also included specific investments relating to acquisitions and our compliance with Sarbanes-Oxley.

    Reported Profit Before Tax increased by 66% to $98.0m (Q1 2024: $58.9m), driven by strong revenue growth and improved operating margins.

    Adjusting items reduced by $10.5m to $(1.7)m (Q1 2024: $ 8.8m). These costs are primarily related to corporate activities and are recognised within our Corporate segment. Adjusting items reduced mainly due to IPO-related costs and owner fees in Q1 2024, as well as a bargain purchase gain on an acquisition in Q1 2025.

    As a result of the revenue and cost trends noted above, Adjusted Profit Before Tax1 increased by 42% to $96.3m (Q1 2024: $67.7m) and Adjusted Profit Before Tax Margin1 improved to 21% (Q1 2024: 19%), while Profit After Tax Margin increased to 16% (Q1 2024: 12%).

    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
        3 months ended 31 March 2025   3 months ended 31 March 2024   Change
    Average Fed Funds rate   4.3%   5.3%   (100)bps
    Average balances ($bn)1   17.1   11.3   5.8
    Interest income ($m)   178.9   147.3   31.6
    Interest paid out ($m)   (59.6)   (60.9)   1.3
    Interest on balances ($m)   119.3   86.4   32.9
    Net yield on balances   2.8%   3.1%   (30)bps
    Average notional debt securities ($bn)   (4.1)   (2.5)   (1.6)
    Yield on debt securities %   6.6%   8.1%   (150)bps
    Interest expense ($m)   (65.9)   (50.8)   (15.1)
    Net Interest Income ($m)   53.4   35.6   17.8
    1. Average balances are calculated using an average of the daily holdings in exchanges, banks and other investments over the period. Previously, average balances were calculated as the average month end amount of segregated and non-segregated client balances that generated interest income over a given period.

    Segmental performance

    Clearing

    Marex provides clearing services across the range of energy, commodity and financial markets. We face the exchange on behalf of our clients providing access to 60 exchanges globally.

    Performance for the three months ended 31 March 2025

    Clearing performed well with revenue increasing 18% to $119.2m (Q1 2024: $100.7m). This was driven by net interest income which rose by $18.2m to $48.4m (Q1 2024: $30.2m) reflecting higher average balances as we continued to add new clients, more than offsetting lower average Fed Funds rates compared to Q1 2024. Net commission income reduced by 2%, $1.7m, as positive performance in energy and metals was offset by lower levels of activity in agriculture, which benefited from higher volatility in Q1 2024 relative to Q1 2025.

    Adjusted Profit Before Tax1 increased by 14% to $56.6m (Q1 2024: $49.8m). Adjusted Profit Before Tax Margin1 decreased by 200 bps to 47% (Q1 2024: 49%).

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Net commission income   67.8   69.5   (2%)
    Net interest income   48.4   30.2   60%
    Net trading income   3.0   1.0   200%
    Revenue   119.2   100.7   18%
    Front office costs   (42.2)   (33.5)   26%
    Control and support costs   (20.3)   (17.3)   17%
    Depreciation and amortisation   (0.1)   (0.1)   —%
                 
    Adjusted Profit Before Tax ($m)1   56.6   49.8   14%
    Adjusted Profit Before Tax Margin1   47%   49%   (200)bps
                 
    Front office headcount (No.)2   273   266   3%
                 
        12 months ended 31 March 2025   12 months ended 31 March 2024   Change
    Contracts cleared (m)   1,161   913   27%
    Market volumes (m)3   11,891   10,194   17%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. The headcount is the average for the period. Management have re-assessed headcount for Clearing and Market Making and re-allocated for Q1 25 and Q1 24.
    3. On a twelve month rolling basis.

    Agency and Execution

    Agency and Execution provides essential liquidity and execution services to our clients primarily in the energy and financial securities markets.

    Our energy division provides essential liquidity to clients by connecting buyers and sellers in the OTC energy markets to facilitate price discovery. We have leading positions in many of the markets we operate in, including key gas and power markets in Europe; environmental, petrochemical and crude markets in North America; and fuel oil, LPG (liquefied petroleum gas) and middle distillates globally. We achieve this through the breadth and depth of the service we offer to customers, including market intelligence for each product we transact in, based on the extensive knowledge and experience of our teams.

    Our presence in the financial markets is growing as we integrate and optimise recent acquisitions, enabling Marex to diversify its asset class coverage away from traditional commodity markets. We are starting to see a maturation of our offering across all asset classes, contributing to enhanced revenue growth and margin expansion for the overall business.

    Performance for the three months ended 31 March 2025

    Revenue increased by 42% to $239.5m (Q1 2024: $168.1m). Securities revenues, increased by $56.1m to $151.0m (Q1 2024: $94.9m) driven by growth in all asset classes from a significant increase in transaction volumes. The most significant contribution came from the continued build out of our Prime Services offering, including growth in securities based swaps. This was supplemented further by strong growth in our Energy business where revenues increased by $15.0m to $88.2m (Q1 2024: $73.2m), reflecting a combination of record volumes, good demand for our environmentals offering and the benefit of our bolt-on acquisitions.

    Adjusted Profit Before Tax1 increased by 152% to $56.7m (Q1 2024: $22.5m) while Adjusted Profit Before Tax Margin1 increased to 24% (Q1 2024: 13%) The margin improvement was driven by the benefit from restructuring in the business, as well as growth in higher margin activity, particularly Prime Services.

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Securities   151.0   94.9   59%
    Energy   88.2   73.2   20%
    Other revenue   0.3   —   n.m.3
    Revenue   239.5   168.1   42%
    Front office costs   (161.7)   (131.0)   23%
    Control and support costs   (21.0)   (14.1)   49%
    Provision for credit losses   —   (0.3)   n.m.3
    Depreciation and amortisation   (0.1)   (0.2)   (50)%
                 
    Adjusted Profit Before Tax ($m)1   56.7   22.5   152%
    Adjusted Profit Before Tax Margin1   24%   13%   1,100 bps
                 
    Front office headcount (No.)2   670   679   (1)%
                 
        12 months ended 31 March 2025   12 months ended 31 March 2024   Change
    Marex volumes: Energy (m)4   60   51   18%
    Marex volumes: Securities (m)4   302   249   21%
    Market volumes: Energy (m)4   1,816   1,477   23%
    Market volumes: Securities (m)4   11,330   9,872   15%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. The headcount is the average for the period.
    3. n.m. = not meaningful to present as a percentage.
    4. On a rolling twelve month basis

    Market Making

    Our Market Making business provides direct liquidity to our clients across a variety of products, primarily in the energy, metals and agriculture markets. This ability to make prices and trade as principal in a wide variety of energy, environmentals and commodity markets differentiates us from many of our competitors.

    Performance for the three months ended 31 March 2025

    Revenue increased by 27% to $52.9m (Q1 2024: $41.8m). This was driven by growth in all asset classes, in particular Securities revenues which increased by $7.2m primarily from growth in stock lending, which complements our Prime Services offering within Agency and Execution. Metals revenues growth was more muted, at 6%, due to the uncertainty arising from the potential implementation of global tariffs on base metals.

    Adjusted Profit Before Tax1 increased by 58% to $16.8m (Q1 2024: $10.6m), while Adjusted Profit Before Tax Margin1 increased to 32% (Q1 2024: 25%).

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Metals   22.7   21.4   6%
    Agriculture   7.2   5.6   29%
    Energy   8.6   7.6   13%
    Securities   14.4   7.2   100%
    Revenue   52.9   41.8   27%
    Front office costs   (28.9)   (22.9)   26%
    Control and support costs   (7.1)   (8.2)   (13)%
    Depreciation and amortisation   (0.1)   (0.1)   0%
                 
    Adjusted Profit Before Tax ($m)1   16.8   10.6   58%
    Adjusted Profit Before Tax Margin1   32%   25%   700 bps
                 
    Front office headcount (No.)2   144   125   15%
                 
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. The headcount is the average for the period. Management have re-assessed headcount for Clearing and Market Making and re-allocated for Q1 25 and Q1 24.

    Hedging and Investment Solutions

    Our Hedging and Investment Solutions business provides high quality bespoke hedging and investment solutions to our clients.

    Tailored commodity hedging solutions enable corporates to hedge their exposure to movements in energy and commodity prices, as well as currencies and interest rates, across a variety of different time horizons.

    Our financial products offering allows investors to gain exposure to a particular market or asset class, for example equity indices, in a cost-effective manner through a structured product.

    Performance for the three months ended 31 March 2025

    Revenue grew by 9% to $45.0m (Q1 2024: $41.3m) driven by continued strong client demand and as we expanded the sales team which led to the onboarding of new clients. Financial products increased 41% to $30.7m (Q1 2024: $21.8m) as structured notes balances grew 49%. Hedging solutions decreased by 27% to $14.3m (Q1 2024: $19.5m) reflecting higher volatility in agriculture in Q1 2024 relative to Q1 2025.

    Adjusted Profit Before Tax1 decreased by 7% to $11.1m (Q1 2024: $11.9m), while Adjusted Profit Before Tax Margin1 decreased to 25% (Q1 2024: 29%), reflecting investment in our sales team and as a result of ongoing investment in our technology and platform to support future growth.

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Hedging solutions   14.3   19.5   (27)%
    Financial products   30.7   21.8   41%
    Revenue   45.0   41.3   9%
    Front office costs   (25.6)   (22.7)   13%
    Control and support costs   (8.1)   (6.6)   23%
    Depreciation and amortisation   (0.2)   (0.1)   100%
                 
    Adjusted Profit Before Tax ($m)1   11.1   11.9   (7)%
    Adjusted Profit Before Tax Margin1   25%   29%   (400 bps)
                 
    Front office headcount (No.)2   197   166   19%
    Structured notes balance ($m)3   3,123.3   2,095.6   49%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. The headcount is the average for the period.
    3. The Structured Notes portfolio consisted of 5,099 notes with an average maturity of 16 months and a total value of $3,123.3m (2024: 2,999 notes with an average maturity of 15 months and a total value of $2,095.6m).

    Corporate

    The Corporate segment includes the Group’s control and support functions. Corporate manages the resources of the Group, makes investment decisions and provides operational support to the business segments. Corporate Net Interest Income is derived through earning interest on house cash balances placed at banks and exchanges.

    Revenue decreased by $3.2m to $10.7m (Q1 2024: $13.9m) driven by lower investment returns on House cash balances from a reduction in the average Fed Funds rate.

        3 months ended 31 March 2025   3 months ended 31 March 2024    
        $m   $m   Change
    Revenue   10.7   13.9   (23%)
    Control and support costs3   (50.3)   (34.4)   46%
    (Provision)/recovery for credit losses   —   0.6   (100%)
    Depreciation and amortisation   (6.0)   (7.3)   (18%)
    Other income   0.7   0.1   600%
                 
    Adjusted Loss Before Tax ($m)1   (44.9)   (27.1)   66%
                 
    Control and support headcount (No.)2   1,183   1,015   17%
    1. These are non-IFRS financial measures. See Appendix 1 “Non-IFRS Financial Measures and Key Performance Indicators” for additional information and for a reconciliation of each such non-IFRS measure to its most directly comparable IFRS measure.
    2. The headcount is the average for the period.
    3. Control and support costs are presented on an unallocated basis.

    Summary Financial Position

    The Group’s equity base increased during Q1 25 with total equity increasing by $69.3m, 7% to $1,046.2m as a result of strong profitability during the quarter.

    Total assets and total liabilities have been steady during the first quarter. Our balance sheet continues to consist of high-quality liquid assets which underpin client activity on our platform. Total assets increased slightly from $24.3bn as at 31 December 2024 to $24.4bn as at 31 March 2025 with growth in Securities balances broadly offset by a reduction in Trade Receivables.

    Total liabilities remained steady at $23.3bn; an increase of $0.5bn due to issuance of Debt Securities was offset by a $0.5bn reduction in Trade Payables.

        31 March 2025   31 December 2024    
        $m   $m   Change
    Cash & Liquid Assets1   6,200.4   6,213.0   —%
    Trade Receivables   7,225.2   7,553.2   (4%)
    Reverse Repo Agreements   2,499.4   2,490.4   —%
    Securities2   6,749.0   6,459.7   4%
    Derivative Instruments   1,132.4   1,163.5   (3%)
    Other Assets3   268.6   199.7   35%
    Goodwill and Intangibles   279.5   233.0   20%
    Total Assets   24,354.5   24,312.5   —%
    Trade Payables   9,204.0   9,740.4   (6%)
    Repurchase Agreements   2,386.0   2,305.8   3%
    Securities4   6,450.3   6,656.7   (3%)
    Debt Securities   4,072.6   3,604.5   13%
    Derivative Instruments   798.4   751.7   6%
    Other Liabilities5   397.0   276.5   44%
    Total Liabilities   23,308.3   23,335.6   —%
    Total Equity   1,046.2   976.9   7%
    1. Cash & Liquid Assets are cash and cash equivalents, treasury instruments pledged as collateral, treasury instruments unpledged and fixed income securities.
    2. Securities assets are equity instruments and stock borrowing.
    3. Other Assets are inventory, corporate income tax receivable, deferred tax, investments, right-of-use assets, and property plant and equipment.
    4. Securities liabilities are stock lending and short securities.
    5. Other Liabilities are short term borrowings, deferred tax liability, lease liability, provisions and corporation tax.

     Liquidity

        31 March   31 December
        2025   2024
        $m   $m
    Total available liquid resources   2,682.4   2,439.8
    Liquidity headroom   1,217.4   1,060.0

    A prudent approach to capital and liquidity and commitment to maintaining an investment grade credit rating are core principles which underpin the successful delivery of our growth strategy. As at 31 March 2025, the Group held $2,682.4m of total available liquid resources, including the undrawn portion of the RCF (2024: $2,439.8m).

    Group liquidity resources consist of cash and high-quality liquid assets that can be quickly converted to meet immediate and short-term obligations. The resources include non-segregated cash, short-term money market funds and unencumbered securities guaranteed by the U.S. Government. The Group also includes any undrawn portion of its committed revolving credit facility (‘RCF’) in its total available liquid resources. The unsecured revolving credit facility of $150m remains undrawn as at 31 March 2025 (31 December 2024: $150m, undrawn). Facilities held by operating subsidiaries, and which are only available to that relevant subsidiary, have been excluded from these figures as they are not available to the entire Group.

    Liquidity headroom is based on the Group’s Liquid Asset Threshold Requirement, which is prepared according to the principles of the UK Investment Firms Prudential Regime (IFPR). The requirement includes a liquidity stress impact calculated from a combination of systemic and idiosyncratic risk factors.

    Regulatory capital

    The Group is subject to consolidated supervision by the UK Financial Conduct Authority and has regulated subsidiaries in jurisdictions both inside and outside of the UK.

    The Group is regulated as a MIFIDPRU investment firm under IFPR. The minimum capital requirement as at 31 March 2025 was determined by the Own Funds Threshold Requirement (‘OFTR’) set via an assessment of the Group’s capital adequacy and risk assessment conducted annually.

    The Group and its subsidiaries are in compliance with their regulatory requirements and are appropriately capitalised relative to the minimum requirements as set by the relevant competent authority. The Group maintained a capital surplus over its regulatory requirements at all times.

    The Group manages its capital structure in order to comply with regulatory requirements, ensuring its capital base is more than adequate to cover the risks inherent in the business and to maximise shareholder value through the strategic deployment of capital to support the Group’s growth and strategic development. The Group performs business model assessment, business and capital forecasting, stress testing and recovery planning at least annually. The following table summarises the Group’s capital position as at 31 March 2025 and 31 December 2024:

        31 March
    2025    		   31 December
    2024
        $m   $m
    Core equity Tier 1 Capital1   652.5   623.9
    Additional Tier 1 Capital (net of issuance costs)   97.6   97.6
    Tier 2 Capital   1.4   1.6
    Total Capital resources   751.5   723.1
             
             
    Own Funds Threshold Requirement2   308.8   308.8
    Total Capital ratio3   243%   234%
    1. Total Capital Resources include unaudited results for the financial period.
    2. Own Funds Requirement presented as Own Funds Threshold Requirement based on the latest ICARA process.
    3. The Group’s Total Capital Resources as a percentage of Own Funds Requirement.

    At 31 March 2025, the Group had a Total Capital Ratio of 243% (31 December 2024: 234%), representing significant capital headroom to minimum requirements. The increase in the Total Capital Ratio resulted from an increase in total capital resources due to profit (unaudited) in 2025.

    Dividend

    The Board of Directors approved an interim dividend of $0.15 per share, expected to be paid on 10 June 2025 to shareholders on record as at close of business on 27 May 2025.

    Forward Looking Statements:

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including expected financial results and dividend payments. In some cases, these forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions.

    These forward-looking statements are subject to risks, uncertainties and assumptions, some of which are beyond our control. In addition, these forward-looking statements reflect our current views with respect to future events and are not a guarantee of future performance. Actual outcomes may differ materially from the information contained in the forward-looking statements as a result of a number of factors, including, without limitation: subdued commodity market activity or pricing levels; the effects of geopolitical events, terrorism and wars, such as the effect of Russia’s military action in Ukraine or the ongoing conflict in the Middle East, on market volatility, global macroeconomic conditions and commodity prices; changes in interest rate levels; the risk of our clients and their related financial institutions defaulting on their obligations to us; regulatory, reputational and financial risks as a result of our international operations; software or systems failure, loss or disruption of data or data security failures; an inability to adequately hedge our positions and limitations on our ability to modify contracts and the contractual protections that may be available to us in OTC derivatives transactions; market volatility, reputational risk and regulatory uncertainty related to commodity markets, equities, fixed income, foreign exchange; the impact of climate change and the transition to a lower carbon economy on supply chains and the size of the market for certain of our energy products; the impact of changes in judgments, estimates and assumptions made by management in the application of our accounting policies on our reported financial condition and results of operations; lack of sufficient financial liquidity; if we fail to comply with applicable law and regulation, we may be subject to enforcement or other action, forced to cease providing certain services or obliged to change the scope or nature of our operations; significant costs, including adverse impacts on our business, financial condition and results of operations, and expenses associated with compliance with relevant regulations; and if we fail to remediate the material weaknesses we identified in our internal control over financial reporting or prevent material weaknesses in the future, the accuracy and timing of our financial statements may be impacted, which could result in material misstatements in our financial statements or failure to meet our reporting obligations and subject us to potential delisting, regulatory investments or civil or criminal sanctions, and other risks discussed under the caption “Risk Factors” in our Annual Report on Form 20-F for the year ended 31 December 2024 filed with the Securities and Exchange Commission (the “SEC”) as updated by our other reports filed with the SEC.

    The forward-looking statements made in this press release relate only to events or information as of the date on which the statements are made in this press release. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events.

    In addition, statements that “we believe” and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based upon information available to us as of the date of this press release, and while we believe such information forms a reasonable basis for such statements, such information may be limited or incomplete, and our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all potentially available relevant information. These statements are inherently uncertain, and investors are cautioned not to unduly rely upon these statements.

    Appendix 1

    Non-IFRS Financial Measures and Key Performance Indicators

    This press release contains non-IFRS financial measures, including Adjusted Profit Before Tax, Adjusted Profit Before Tax Margin, Adjusted Basic Earnings per Share, Adjusted Diluted Earnings per Share, Adjusted Profit After Tax Attributable to Common Equity and Adjusted Return on Equity. These non-IFRS financial measures are presented for supplemental informational purposes only and should not be considered a substitute for profit after tax, profit margin, return on equity or any other financial information presented in accordance with IFRS and may be different from similarly titled non-IFRS financial measures used by other companies. The Group changed the labelling of its non-IFRS measures during 2024 to better align to the equivalent IFRS reported metric and enhance transparency and comparability.

    Adjusted Profit Before Tax (formerly labelled Adjusted Operating Profit)

    We define Adjusted Profit Before Tax as profit after tax adjusted for (i) tax, (ii) goodwill impairment charges, (iii) acquisition costs, (iv) bargain purchase gain, (v) owner fees, (vi) amortisation of acquired brands and customer lists, (vii) activities in relation to shareholders, (viii) employer tax on the vesting of Growth Shares, (ix) IPO preparation costs, (x) fair value of the cash settlement option on the Growth Shares and (xi) public offering of ordinary shares. Items (i) to (xi) are referred to as “Adjusting Items.” Adjusted Profit Before Tax is the primary measure used by our management to evaluate and understand our underlying operations and business trends, forecast future results and determine future capital investment allocations. Adjusted Profit Before Tax is the measure used by our executive board to assess the financial performance of our business in relation to our trading performance. The most directly comparable IFRS Accounting Standards measure is profit after tax. We believe Adjusted Profit Before Tax is a useful measure as it allows management to monitor our ongoing core operations and provides useful information to investors and analysts regarding the net results of the business. The core operations represent the primary trading operations of the business.

    Adjusted Profit Before Tax Margin (formerly labelled Adjusted Operating Profit Margin)

    We define Adjusted Profit Before Tax Margin as Adjusted Profit Before Tax (as defined above) divided by revenue. We believe that Adjusted Profit Before Tax Margin is a useful measure as it allows management to assess the profitability of our business in relation to revenue. The most directly comparable IFRS Accounting Standards measure is profit margin, which is Profit after Tax divided by revenue.

    Adjusted Profit After Tax Attributable to Common Equity (formerly labelled Adjusted Operating Profit after Tax Attributable to Common Equity)

    We define Adjusted Profit After Tax Attributable to Common Equity as profit after tax adjusted for the items outlined in the Adjusted Profit Before Tax paragraph above. Additionally, Adjusted Profit After Tax Attributable to Common Equity is also adjusted for (i) tax and the tax effect of the Adjusting Items to calculate Adjusted Profit Before Tax and (ii) profit attributable to Additional Tier 1 (“AT1”) note holders, net of tax, which is the coupons on the AT1 issuance and accounted for as dividends, adjusted for the tax benefit of the coupons. We define Common Equity as being the equity belonging to the holders of the Group’s share capital. We believe Adjusted Profit After Tax Attributable to Common Equity is a useful measure as it allows management to assess the profitability of the equity belonging to the holders of the Group’s share capital. The most directly comparable IFRS Accounting Standards measure is profit after tax.

    Adjusted Return on Equity (formerly labelled Return on Adjusted Operating Profit after Tax Attributable to Common Equity)

    We define the Adjusted Return on Equity as the Adjusted Profit After Tax Attributable to Common Equity (as defined above) divided by the average Common Equity for the period. Common Equity is defined as being the equity belonging to the holders of the Group’s share capital. Common Equity is calculated as the average balance of total equity minus additional Tier 1 capital. For the period ended 31 March 2025 and 2024, Common Equity is calculated as the average balance of total equity minus additional Tier 1 capital as at 31 December of the prior year and 31 March of the current year. For the three months ended 31 March 2025 and 2024, Adjusted Return on Equity is calculated for comparison purposes on an annualised basis as Adjusted Profit After Tax Attributable to Common Equity for the period multiplied by four and then divided by average Common Equity for the period. It is presented on an annualised basis for comparison purposes.

    We believe Adjusted Return on Equity is a useful measure as it allows management to assess the return on the equity belonging to the holders of the Group’s share capital. The most directly comparable IFRS Accounting Standards measure for Adjusted Return on Equity is Return on Equity, which is calculated as profit after tax for the period divided by average equity. Average Equity for the period ended 31 March 2025 and 2024 is calculated as the average of total equity at 31 December of the prior year and 31 March of the current year. For the three months ended 31 March 2025 and 2024, Return on Equity is calculated for comparison purposes on an annualised basis as Profit After Tax for the period multiplied by four and then divided by Average Equity for the period. It is presented on an annualised basis for comparison purposes.

    Adjusted Basic Earnings per Share and Adjusted Diluted Earnings per Share

    Adjusted Basic Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity (as defined above) for the period divided by weighted average number of ordinary shares for the period. We believe Adjusted Basic Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share. The most directly comparable IFRS Accounting Standards metric is basic earnings per share. This metric has been designed to highlight the Adjusted Profit After Tax Attributable to Common Equity over the available share capital of the Group. Adjusted Diluted Earnings per Share is defined as the Adjusted Profit After Tax Attributable to Common Equity for the period divided by the diluted weighted average shares for the period. We believe Adjusted Diluted Earnings per Share is a useful measure as it allows management to assess the profitability of our business per share on a diluted basis. Dilution is calculated in the same way as it has been for diluted earnings per share. The most directly comparable IFRS Accounting Standards metric is diluted earnings per share.

    We believe that these non-IFRS financial measures provide useful information to both management and investors by excluding certain items that management believes are not indicative of our ongoing operations. Our management uses these non-IFRS financial measures to evaluate our business strategies and to facilitate operating performance comparisons from period to period. We believe that these non-IFRS financial measures provide useful information to investors because they improve the comparability of our financial results between periods and provide for greater transparency of key measures used to evaluate our performance. In addition these non-IFRS financial measures are frequently used by securities analysts, investors and other interested parties in their evaluation of companies comparable to us, many of which present related performance measures when reporting their results.

    These non-IFRS financial measures are used by different companies for differing purposes and are often calculated in different ways that reflect the circumstances of those companies. In addition, certain judgments and estimates are inherent in our process to calculate such non-IFRS financial measures. You should exercise caution in comparing these non-IFRS financial measures as reported by other companies.

    These non-IFRS financial measures have limitations as analytical tools, and you should not consider them in isolation or as substitutes for analysis of our results as reported under IFRS Accounting Standards. Some of these limitations are:

    • they do not reflect costs incurred in relation to the acquisitions that we have undertaken;
    • they do not reflect impairment of goodwill;
    • other companies in our industry may calculate these measures differently than we do, limiting their usefulness as comparative measures; and
    • the adjustments made in calculating these non-IFRS financial measures are those that management considers to be not representative of our core operations and, therefore, are subjective in nature.

    Accordingly, prospective investors should not place undue reliance on these non-IFRS financial measures.

    We also use key performance indicators (“KPIs”) such as Average Balances, Trades Executed, and Contracts Cleared to assess the performance of our business and believe that these KPIs provide useful information to both management and investors by showing the growth of our business across the periods presented.

    Our management uses these KPIs to evaluate our business strategies and to facilitate operating performance comparisons from period to period. We define certain terms used in this release as follows:

    “FTE” means the number of our full-time equivalents as of the end of a given period, which includes permanent employees and contractors.

    “Average FTE” means the average number of our full-time equivalents over the period, including permanent employees and contractors.

    “Average Balances” means the average of the daily holdings in exchanges, banks and other investments over the period. Previously, average balances were calculated as the average month end amount of segregated and non-segregated client balances that generated interest income over a given period.

    “Trades Executed” means the total number of trades executed on our platform in a given year.

    “Total Capital Ratio” means our total capital resources in a given period divided by the capital requirement for such period under the IFPR.

    “Contracts Cleared” means the total number of contracts cleared in a given period.

    “Market Volumes” are calculated as follows:

    • All volumes traded on Marex key exchanges (CBOT, CME, Eurex, Euronext, ICE, LME, NYMEX COMEX, SGX)
    • Energy volumes on CBOT, Eurex, ICE, NYMEX, SGX
    • Financial securities (corporate bonds, equities, FX, repo, volatility) on CBOE, CBOT, CME, Eurex, Euronext, ICE, SGX
    • Metals, agriculture and energy volumes on CBOT, CME, Eurex, Euronext, ICE, LME, NYMEX COMEX, SGX

    Reconciliation of Non-IFRS Financial Measures and Key Performance Indicators:

        3 months ended 31 March 2025   3 months ended 31 March 2024
             
        $m   $m
    Profit After Tax   72.5   43.6
    Taxation charge   25.5   15.3
    Profit Before Tax   98.0   58.9
    Goodwill impairment charge1   —   —
    Bargain purchase gain (provisional accounting)2   (3.4)   —
    Acquisition costs3   —   0.2
    Amortisation of acquired brands and customer lists4   1.3   0.8
    Activities relating to shareholders5   —   2.4
    Employer tax on vesting of the growth shares6   —   —
    Owner fees7   0.4   1.7
    IPO preparation costs8   —   3.7
    Fair value of the cash settlement option on the growth shares9   —   —
    Public offering of ordinary shares10   —   —
    Adjusted Profit Before Tax   96.3   67.7
    Tax and the tax effect on the Adjusting Items11   (24.8)   (15.5)
    Profit attributable to AT1 note holders12   (3.3)   (3.3)
    Adjusted Profit After Tax Attributable to Common Equity   68.2   48.9
             
    Profit after Tax Margin   16%   12%
    Adjusted Profit Before Tax Margin13   21%   19%
             
    Basic Earnings per Share ($)   0.98   0.60
    Diluted Earnings per Share ($)   0.92   0.56
             
    Adjusted Basic Earnings per Share ($)14   0.97   0.74
    Adjusted Diluted Earnings per Share ($)14   0.91   0.69
             
    Weighted average number of shares14   70,541,771   65,683,374
    Period end number of shares14   71,231,706   68,375,690
             
    Common Equity15   913.7   676.0
    Return on Equity   29%   23%
    Adjusted Return on Equity (%)   30%   29%
    1. No goodwill impairment has been booked for either period.
    2. A bargain purchase gain was recognised as a result of the Group’s acquisition of Darton Group Limited (“Darton”) . Provisional accounting under IFRS 3 has been applied as at Q1 ’25.
    3. Acquisition costs are costs, such as legal fees incurred in relation to the business acquisitions of Cowen’s prime services and Outsourced Trading business.
    4. This represents the amortisation charge for the period of acquired brands and customers lists.
    5. Activities in relation to shareholders primarily consist of dividend-like contributions made to participants within certain of our share-based payments schemes.
    6. Employer tax on vesting of the growth shares represents the Group’s tax charge arising from the vesting of the growth shares.
    7. Owner fees relate to management services fees paid to parties associated with the ultimate controlling party based on a percentage of our EBITDA in each year, presented in the income statement within other expenses. This agreement ended once the Group became listed, however as the calculation in based on audited full year EBITDA, the payment in Q1 25 represents the final adjustments to the fees owed.
    8. IPO preparation costs related to consulting, legal and audit fees, presented in the income statement within other expenses.
    9. Fair value of the cash settlement option on the growth shares represents the fair value liability of the growth shares at $2.3m. Subsequent to the initial public offering when the holders of the growth shares elected to settle the awards in ordinary shares, the liability was derecognised.
    10. Costs relating to the public offerings of ordinary shares by certain selling shareholders.
    11. Tax and the tax effect on the Adjusting Items represents the tax for the period and the tax effect of the other Adjusting Items removed from Profit After Tax to calculate Adjusted Profit Before Tax. The tax effect of the other Adjusting Items was calculated at the Group’s effective tax rate for the respective period.
    12. Profit attributable to AT1 note holders are the coupons on the AT1 issuance, which are accounted for as dividends.
    13. Adjusted Profit Before Tax Margin is calculated by dividing Adjusted Profit Before Tax (as defined above) by revenue for the period.
    14. The weighted average numbers of diluted shares used in the calculation for the three months ended 31 March 2025 and 2024 were 74,934,788 and 70,383,309 respectively. Weighted average number of shares have been restated as applicable for the Group’s reverse share split. As at 31 March 2025, the dilution impact was 4,393,017 shares (31 March 2024: 4,699,934 shares).
    15. Common Equity is calculated as the average balance of total equity minus additional Tier 1 capital. For the three months ended 31 March 2025 and 2024, Adjusted Return on Equity is calculated as the average balance of total equity minus additional Tier 1 capital, as at 31 December of the prior year and 31 March of the current year.

    Appendix 2 – Supplementary Financial Information

    Revenue

    The following tables present the Group’s segmental revenue for the periods indicated:

    3 months ended 31 March 2025 Clearing   Agency and Execution   Market Making   Hedging and Investment Solutions   Corporate   Total
      $m   $m   $m   $m   $m   $m
                           
    Net commission income 67.8   182.9   —   —   —   250.7
    Net trading income 3.0   49.9   54.9   51.3   —   159.1
    Net interest income/(expense) 48.4   5.6   (5.0)   (6.3)   10.7   53.4
    Net physical commodities income —   1.1   3.0   —   —   4.1
    Revenue 119.2   239.5   52.9   45.0   10.7   467.3
    3 months ended 31 March 2024 Clearing   Agency and Execution   Market Making   Hedging and Investment Solutions   Corporate   Total
      $m   $m   $m   $m   $m   $m
                           
    Net commission income/(expense) 69.5   150.5   (1.1)   —   —   218.9
    Net trading income 1.0   9.1   44.2   51.9   —   106.2
    Net interest income/(expense) 30.2   8.0   (5.9)   (10.6)   13.9   35.6
    Net physical commodities income —   0.5   4.6   —   —   5.1
    Revenue 100.7   168.1   41.8   41.3   13.9   365.8


    Consolidated Income Statement

    For the Three Months Ended 31 March 2025

        31 March
    2025    		   31 March
    2024
        $m   $m
    Commission and fee income   503.7   400.6
    Commission and fee expense   (253.0)   (181.7)
    Net commission income   250.7   218.9
    Net trading income   159.1   106.2
    Interest income   198.8   163.2
    Interest expense   (145.4)   (127.6)
    Net interest income   53.4   35.6
    Net physical commodities income   4.1   5.1
    Revenue   467.3   365.8
             
    Expenses:        
    Compensation and benefits   (291.7)   (229.9)
    Depreciation and amortisation   (7.9)   (7.8)
    Other expenses   (73.8)   (69.6)
    Provision for credit losses   —   0.3
    Bargain purchase gain on acquisition   3.4   —
    Other income   0.7   0.1
    Profit before tax   98.0   58.9
    Tax   (25.5)   (15.3)
    Profit after tax   72.5   43.6
             

    Consolidated Statement of Financial Position

    As at 31 March 2025

        31 March   31 December
        2025   2024
        $m   $m
    Assets        
    Non-current assets        
    Goodwill   225.0   176.5
    Intangible assets   54.5   56.5
    Property, plant and equipment   22.8   20.8
    Right-of-use asset   64.0   59.9
    Investments   25.7   24.0
    Deferred tax   29.5   46.7
    Treasury instruments (unpledged)   3.8   53.5
    Treasury instruments (pledged as collateral)   153.9   46.1
    Total non-current assets   579.2   484.0
             
    Current assets        
    Corporate income tax receivable   22.5   12.5
    Trade and other receivables   7,225.2   7,553.2
    Inventory   104.1   35.8
    Equity instruments (unpledged)   210.2   231.4
    Equity instruments (pledged as collateral)   4,627.2   4,446.6
    Derivative instruments   1,132.4   1,163.5
    Stock borrowing   1,911.6   1,781.7
    Treasury instruments (unpledged)   478.8   556.2
    Treasury instruments (pledged as collateral)   2,827.5   2,912.9
    Fixed income securities (unpledged)   129.7   87.7
    Reverse repurchase agreements   2,499.4   2,490.4
    Cash and cash equivalents   2,606.7   2,556.6
    Total current assets   23,775.3   23,828.5
    Total assets   24,354.5   24,312.5
        31 March   31 December
        2025   2024
        $m   $m
    Liabilities        
    Current liabilities        
    Repurchase agreements   2,386.0   2,305.8
    Trade and other payables   9,204.0   9,740.4
    Stock lending   4,481.3   4,952.1
    Short securities   1,969.0   1,704.6
    Short-term borrowings   271.1   152.0
    Lease liability   9.7   10.5
    Derivative instruments   798.4   751.7
    Corporation tax   39.0   41.9
    Debt securities   2,609.9   2,119.6
    Provisions   0.7   0.6
    Total current liabilities   21,769.1   21,779.2
    Non-current liabilities        
    Lease liability   73.4   67.0
    Debt securities   1,462.7   1,484.9
    Deferred tax liability   3.1   4.5
    Total non-current liabilities   1,539.2   1,556.4
    Total liabilities   23,308.3   23,335.6
    Total net assets   1,046.2   976.9
             
    Equity        
    Share capital   0.1   0.1
    Share premium   220.0   202.6
    Additional Tier 1 capital (AT1)   97.6   97.6
    Retained earnings   775.3   722.4
    Own shares   (48.9)   (23.2)
    Other reserves   2.1   (22.6)
    Total equity   1,046.2   976.9
             

    The MIL Network –

  • MIL-OSI Asia-Pac: Interest in building project sought

    Source: Hong Kong Information Services

    The Development Bureau today invited the market to submit expressions of interest (EOI) for the development of the Advanced Construction Industry Building at a site of about three hectares in Tsing Yi until June 19.

     

    As announced in the 2023-24 Budget, the Government had earmarked $30 million for conducting a study on the construction of the first advanced construction industry building at a site in Tsing Yi, carrying out planning and preliminary design work as well as advising on its mode of operation.

     

    The building will be the first dedicated facility for the construction industry in Hong Kong, featuring a multistorey design to house steel rebar prefabrication yards, processing sites for Multi-trade integrated Mechanical, Electrical & Plumbing (MiMEP) , and other advanced manufacturing facilities.

     

    It aims to promote the adoption of advanced construction technologies and uplift productivity and efficiency of the construction industry.

     

    It also enables better use of land and contributes to the sustainable development of the construction industry through productivity gains achieved from synergy.

     

    The bureau said that following the initial market sounding exercise conducted by the consultant, the Government is of the view that the project can be developed using the Build-Operate-Transfer (BOT) approach with a 30-year contract period to leverage market financing.

     

    Taking into account the required floor height, floor loading capacity and mode of operation of the building, and preliminary feedback from the industry, the Government expects the project to provide a two to four-storey building with a total floor area of around 30,000 to 60,000 sq m, and around 5,000 to 10,000 sq m of open space for loading/unloading and storage.

     

    The successful bidder will be responsible for constructing the building and operating the advanced manufacturing facilities related to the construction industry, including not less than 20,000 sq m of the floor area for steel rebar prefabrication yards and not less than 5,000 sq m of the floor area for MiMEP processing sites. Under the current plan, the developer is required to lease not less than 5,000 sq m of the floor area for industry use.

     

    The Government welcomes the market to submit EOIs, and offer innovative and practicable suggestions for setting up additional advanced facilities related to the construction industry in the building. The views and suggestions collected will facilitate the Government in formulating the details of the open tender.

     

    The tendering process, using a two-envelope approach that assesses both non-price and price proposals, is targeted to launch in the second half of 2025, enabling the successful bidder to commence the works by mid-next year.

     

    The bureau will hold a briefing session on the EOI invitation on May 28.

     

    The brochure of the invitation for EOI and the briefing details are available on the bureau’s website.

     

    Interested parties must deposit their EOI in the designated drop-in box of the bureau situated at 2/F Entrance, East Wing, Central Government Offices, 2 Tim Mei Avenue, Tamar by noon on June 19.

    MIL OSI Asia Pacific News –

  • MIL-OSI United Kingdom: Local roll-out of national 20mph strategy underway

    Source: Scotland – City of Perth

    By the end of 2025, all unrestricted roads in urban areas around Scotland will have a default 20mph speed limit under the Transport Scotland strategy. The aim is to consistently reduce the risk of conflict between different road users and therefore also cut the levels of road traffic collisions and casualties across the country. 

    All urban streets within Perth and Kinross have been assessed, and adjustments to speed limits made in agreement with the councillors for each ward. Some key transport routes into larger towns will continue to have a 30mph speed limit on the periphery of the settlement but be lowered to 20mph in the town centres themselves. Where A and B roads have limited buildings along them, or have housing restricted to one side of the road, the 30mph limit will be retained.  

    The assessment has additionally identified locations for new 30mph and 40mph limits, and where these limits already exist, those locations which should be amended because of the new 20mph limit being introduced.  

    Each change is being put in place via a Temporary Traffic Regulation Order (TTRO), which can be in place for up to 18 months, and would be made permanent if the change proves successful. All the new 20mph limits are being introduced, in the first instance, through road signage at the beginning and end of the speed limit section and reminder signs within it to highlight the change.  

    The impact of the changes will be assessed via speed monitoring at selected sites representing the different road environments within the Council’s network. The data gathered in this way will also help determine where physical speed reduction measures may be needed in addition to the road signs. 

    Introduction of the new speed limits by geographic area is already underway, with new signs installed in Crieff and Comrie along the A85 corridor at the same time as works being carried out by BEAR Scotland, along with works as part of the Cross Tay Link Road mitigation measures. The third phase, covering Braco, Greenloaning and Muthill (Council Ward 7) is now underway following site meetings with local community councils. 

    Convener of Economy and Infrastructure, Councillor Eric Drysdale said: “Improving the consistency of speed limits in our urban areas is important in trying to protect road users, particularly the most vulnerable, and reduce collisions. The changes being made over the course of 2025 as part of delivering locally on the national strategy from Transport Scotland are intended to make a real difference to road safety in Perth and Kinross. I would encourage motorists to be aware of the changes and drive to the new speed limits as they are put in place.” 

    Inspector Gordon Dickson from Police Scotland said: “Road safety is a priority and we work closely with partner agencies to ensure this. 

    “The dangers of speeding are well-known. People who speed not only put themselves at risk, but also other members of the public and drivers should take responsibility for their own actions when they get behind the wheel. 

    “We urge drivers to remain within the speed limit and help ensure safety for themselves and other road users.” 

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Return to EIT for new Head of Research

    Source: Eastern Institute of Technology – Tairāwhiti

    2 days ago

    Dr Sally Rye (Ngāti Kahungunu, Ngāti Porou) has been appointed as Head of Research at EIT, marking a return to the institution where her academic journey began.

    She brings more than a decade of experience across education, health, and social development, with a strong focus on kaupapa Māori and community-led research.

    Sally returns to Hawke’s Bay after holding national roles in the tertiary and public sectors, most recently at Te Wānanga o Aotearoa.

    Dr Sally Rye (Ngāti Kahungunu, Ngāti Porou) has been appointed Head of Research at EIT.

    Her interdisciplinary background includes business development, social work, youth development, mental health, addictions, and teaching.

    She is widely recognised for her innovative approach to research centred on wellbeing, equity, and mātauranga Māori.

    She says the decision to take on the role was grounded in a desire to contribute to her own community and invest in the future of her mokopuna.

    “EIT is deeply embedded in this region. For me, this role is about returning home — not just geographically, but to a place that shaped who I am. I’m here to support a research culture that reflects our people, our priorities and our potential,” she says.

    Her vision includes strengthening communities of practice, where staff and external partners can collaborate on shared kaupapa, and making research more visible, vibrant, and relevant to everyday life.

    “I want to shift the perception of research from something isolated or academic to something aspirational, creative and community driven. Whether it’s improving local health outcomes, celebrating cultural knowledge, or informing how we teach, research should be part of everything we do.”

    Sally also brings a deeply personal connection to her research practice. Her doctoral work explored the relationship between gut health, brain function and wellbeing — a journey inspired by her own health challenges. This work evolved into a holistic, kaupapa Māori programme that helped hundreds of wāhine Māori reclaim their hauora through nutrition, spirituality, connection, and movement.

    She remains active in both national and international research spaces and recently presented at the Eru Pōmare Centre at Otago University in Wellington.

    Sally was formally welcomed onto the Taradale campus at a pōwhiri in February and officially began her role in March. She is currently connecting with staff across all EIT campuses and welcomes interest from those keen to collaborate or join a community of research practice.

    Dr Helen Ryan-Stewart, EIT’s Executive Dean, Education, Humanities and Health Science, said: “We are delighted to welcome Sally to EIT”.

    “Her experience across various disciplines combined with her passion for research and rangahau provide a perfect fit for our institution. Sally’s vision aligns with EIT’s goals and values, and her leadership will drive our research and innovation space forward.”

    MIL OSI New Zealand News –