Category: housing

  • MIL-OSI USA: Larsen Announces Departure of Chief of Staff

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    Larsen Announces Departure of Chief of Staff

    Washington, D.C., May 5, 2025

    Today, Rep. Rick Larsen announced the planned departure of his Chief of Staff, Robin Chand, who will practice law for the Los Angeles County District Attorney’s Office starting later this summer:

    “Robin is a lawyer at heart, and I know he has always wanted to return to Los Angeles to be near his family and to practice law. I thank Robin for his service to Washington’s Second Congressional District, and I wish him well as he continues his public service as a prosecutor in his hometown. He will always be a member of Team Larsen. Details about a search to find Robin’s successor will follow shortly.”

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    MIL OSI USA News

  • MIL-OSI USA: Babin Introduces Bill to Rename Anahuac National Wildlife Refuge in Honor of Jocelyn Nungaray

    Source: United States House of Representatives – Representative Brian Babin (R-TX)

    Washington, D.C. – U.S. Congressman Brian Babin (TX-36) has introduced legislation to officially rename the Anahuac National Wildlife Refuge in Chambers County, Texas, as the “Jocelyn Nungaray National Wildlife Refuge,” honoring the memory of 12-year-old Jocelyn Nungaray, whose life was tragically cut short in 2024.

    In June 2024, Jocelyn Nungaray was brutally murdered in Houston, Texas. Two illegal aliens, allegedly members of the dangerous Tren de Aragua gang, have been charged in connection with her death. In response to this horrific tragedy, President Donald J. Trump signed Executive Order 14229 on March 5, 2025, directing that the Anahuac National Wildlife Refuge be renamed to honor Jocelyn’s memory. Congressman Babin’s legislation will permanently enshrine this change into law.

    “Jocelyn’s murder was a devastating reminder of the consequences of an unsecured border and the innocent lives lost as a result,” said Babin. “Renaming this refuge not only honors Jocelyn’s love for animals and the outdoors, but it also ensures her beautiful spirit will live on in a place of peace and life — a stark contrast to the evil that took her from us far too soon.”

    Congressman Randy Weber (TX-14), who represents nearby areas in Southeast Texas, added: “Southeast Texas—and our entire nation—will never forget Jocelyn Nungaray. Now, we have a beautiful place that will forever honor her memory and the life she was so cruelly robbed of. This tribute is the very least we can do for the Nungaray family after enduring an unthinkable tragedy no family should ever face.”

    Background:

    The Anahuac National Wildlife Refuge, located near Houston, is a cherished habitat for countless species and a beloved destination for Texans and visitors alike. Naming the refuge after Jocelyn is a fitting way to honor her love for animals and preserve her spirit within the Texas landscape she called home.

    The bill has been referred to the House Committee on Natural Resources for further consideration.

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    MIL OSI USA News

  • MIL-OSI USA: Ranking Member Pingree: Abrupt Cancellation of NEA Grants Jeopardizes Jobs, Main Streets, and a $1.2 Trillion Industry

    Source: United States House of Representatives – Congresswoman Chellie Pingree (1st District of Maine)

    Congresswoman Chellie Pingree (D-Maine), Ranking Member of the House Appropriations Subcommittee on Interior, Environment, and Related Agencies, which oversees funding for the National Endowment for the Arts (NEA), issued the following statement on the Trump Administration’s abrupt termination of arts grants nationwide:

    The Trump Administration’s sudden cancellation of hundreds of previously awarded National Endowment for the Arts grants—just hours after the President proposed eliminating the agency entirely in his budget—is an outrageous attack on our nation’s cultural heritage and a reckless decision that will hurt local economies across the country. 

    My office is already hearing from treasured Maine arts organizations that were notified late last night that their grants had been abruptly terminated. These organizations, like countless others, had already made programming decisions for the upcoming season and were counting on these funds to pay artists and workers.

    Clearly, President Trump fundamentally misunderstands the role of the Endowment—which, through its relatively small budget, underpins the $1.2 trillion economic powerhouse that is the arts and cultural sector. These grants create jobs, support institutions that anchor Main Streets in even the smallest and most rural communities and generate significant additional private investment.

    The claim that these grants are being redirected to ‘align with the President’s priorities’ is both disingenuous and concerning. This appears to be yet another attempt to force a cultural institution to serve the President’s pet projects rather than its sacred and longstanding mission to serve the American people. 

    As co-chair of the Congressional Arts Caucus and as Ranking Member on the House Appropriations subcommittee that funds the NEA, I will do everything in my power to fight back against this illegal and disgraceful decision. I call on my Republican colleagues—many of whom are longtime supporters of the Endowment—to join me in standing up for our local arts organizations, which drive economic growth and enhance quality of life in every corner of the country. The arts aren’t partisan—they’re essential to who we are as Americans, and vital to the fabric of our communities.

     

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    MIL OSI USA News

  • MIL-OSI USA: Congresswoman Torres Introduces Resolution to Recognize May Wildfire Preparedness Week

    Source: United States House of Representatives – Congresswoman Norma Torres (35th District of California)

    May 05, 2025

    Resolution Aiming to Raise Awareness on Fire Safety, Prevention, and the Importance of Preparedness in the Face of Growing Wildfire Threats

    Washington, D.C. –  Today, Congresswoman Norma Torres, alongside 25 House members, introduced a resolution to designate May 4-10, 2025, as Wildfire Preparedness Week. The resolution emphasizes the importance of wildfire prevention, fire safety education, and preparedness in communities across the United States, especially as the frequency and intensity of wildfires continue to increase.

    “Wildfires are one of the most dangerous natural disasters facing communities across the nation. Just this year we saw thousands of Californians lose their homes,” said Congresswoman Torres. “This resolution brings attention to the steps that individuals, families, and local governments can take to reduce the risks of wildfires and better protect themselves, their property, and their communities. We must also continue to advocate for the brave first responders who put their lives on the line each day, battling these fires and safeguarding our communities.”

    The resolution highlights the serious health risks of long-term exposure to wildfire smoke, which can exacerbate respiratory and heart conditions and even result in premature death. With nearly 85% of wildfires caused by human activity, Torres stresses the importance of preventative measures such as vegetation management, proper evacuation planning, and limiting the use of combustibles during high heat or dry seasons. The resolution also calls for financial support for communities impacted by wildfires and to ensure that resources are available for both immediate and long-term recovery.

    “By establishing Wildfire Preparedness Week, we can educate the public on critical preventative measures and the necessary resources needed for communities to prepare, respond, and recover, ensuring they are equipped to protect themselves when disaster strikes,” Torres continued.

    Background: The resolution was introduced in response to growing concerns over the widespread damage caused by wildfires, which in 2024 alone resulted in nearly 65,000 fires that consumed over 8.9 million acres of land in the United States, with California suffering from more than 8,000 fires. In 2025, more than 8,000 wildfires have already scorched over 1.6 million acres across the country.

    Full resolution 

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    MIL OSI USA News

  • MIL-OSI USA: Fischer on Senate Floor: Congress Must Pass the Foreign Adversary Communications Transparency Act

    US Senate News:

    Source: United States Senator for Nebraska Deb Fischer
    Today, during a speech on the Senate floor, U.S. Senator Deb Fischer (R-Neb.) called on her colleagues to pass her Foreign Adversary Communications Transparency (FACT) Act – approved by the Senate Commerce Committee last week – which will require the Federal Communications Commission (FCC) to publicly identify entities that hold FCC licenses, authorizations, or other grants of authority that are owned, wholly or partially, by foreign adversarial governments.
    In her remarks, Fischer highlights the threats the United States faces from companies with strong ties to foreign adversaries. She specifically calls out Huawei, a major global supplier of cellphone network equipment, citing its troubling and potentially dangerous access to critical communications infrastructure.
    Click the image above to watch a video of Fischer’s remarks.
    Click here to download audio 
    Click here to download video
    Following is a transcript of Fischer’s remarks as prepared for delivery:M. President,
    Last week, my bill, the Foreign Adversary Communication Transparency Act—or FACT Act— cleared the Commerce Committee unanimously. Now, it will come before us here, on the Senate floor, for a vote.
    I stand before you today because the threat our foreign adversaries pose is not a distant concern. It is real, it is relentless, and it is constantly evolving.
    We cannot afford to wait and deal with the consequences. The cost of inaction is too great.
    Congress must anticipate the threats and we must work together to curb the malign influence of foreign adversaries like Communist China, Russia, Iran, and North Korea.
    For too long now, we have allowed foreign adversarial governments to secure a silent foothold in our telecommunications infrastructure.
    Take, for example, Huawei.
    Huawei, a Chinese-owned telecommunications giant, is one of the leading producers of cellphone network equipment. This equipment spans across our country and finds its home in most of our cellular devices.
    Over a decade ago, our intelligence agencies began noticing a peculiar pattern of Huawei equipment on cell towers across my home state of Nebraska, as well as nearby Colorado and Montana. That Chinese gear was clustered near sensitive military assets, including Nebraska’s Offutt Air Force Base and our nuclear missile silos.
    Then, just four years ago, U.S. intelligence officials sounded the alarm. Their investigations found that Huawei could secretly access mobile phone networks around the world through “back doors” – unbeknownst to carriers.
    And perhaps even more concerning: Huawei has had this capability for more than a decade.
    And, Huawei’s ownership is bankrolled by billions of dollars from the Chinese government.
    What government freely hands over that kind of money without expecting something in return?
    Despite being based in China and having deep connections to the Chinese Communist Party—as confirmed by the U.S. intelligence community—the company continues to refuse to acknowledge the Chinese government’s influence.
    However, in 2020, under President Trump’s administration, the Federal Communications Commission designated Huawei as a national security threat and banned the sale of its telecommunications equipment in the United States. This past December, Congress also secured the remaining funding to enable smaller, rural communications companies to rip risky Chinese-made equipment out of their networks.
    In 2022, the Justice Department charged two Chinese intelligence officers with an unsettling crime: attempting to obstruct a federal investigation into Huawei by stealing sensitive case material from a U.S. District Attorney’s office.
    Colleagues, I pose to you this question: Why would the Chinese government go to such lengths to interfere in a case involving a so-called ‘private company’ in which they have no stake? They wouldn’t.
    While recent actions to curtail Huawei equipment, and those from other high-risk Chinese firms, are steps in the right direction, they don’t go far enough.
    We must have far greater transparency about which companies holding federal communications licenses and authorizations also have influential ties to foreign adversarial governments.
    And we must look deeper at: Who has this access? And, how many more companies like Huawei are out there?
    Companies like Huawei must be stopped. We can no longer permit authoritarian regimes, like China, to infiltrate our networks and lurk in the shadows, waiting for the opportune moment to strike. It is not enough to brace ourselves for the aftermath of disaster. We must root out the threat before it has time to fester.
    The reality is that our foreign adversaries have stakes in numerous companies operating freely and legally within the United States.
    Yet, in many cases, the public remains unaware of which companies are owned – wholly or partially – by these adversaries.
    That’s why, today, I call upon the Senate to pass my FACT Act, which takes a much-needed step to strengthen our visibility into our telecommunications market to weed out that access we have seen from malicious foreign adversaries.
    Because the first step in defending our national security is understanding the threat.
    My bill directs the Federal Communications Commission to publicly identify any companies – with an FCC license or authorization – that are owned by foreign adversarial governments. Under the FACT Act, companies with foreign ties will no longer be able to operate in secrecy. And they will no longer be able to conceal their financial backers or obscure their true loyalties.
    Huawei should serve as a warning. China is on the offensive, to undermine the security of America’s communications. An attack on our networks is a direct attack on the United States, and it is not one we should tolerate.
    Thank you, M. President, I yield the floor.

    MIL OSI USA News

  • MIL-OSI USA: ICE Washington, D.C. arrests Honduran alien after Virginia court drops home invasion, abduction charges

    Source: US Immigration and Customs Enforcement

    FAIRFAX, Va. — U.S. Immigration and Customs Enforcement arrested an illegally present Honduran national after local authorities dropped his charges for abduction of a person with intent to defile and burglary: entering a house to murder, rape, etc. Officers with ICE Washington, D.C. arrested Hyrum Baquedano-Rodriguez, 26, in Fairfax, Virginia, May 2.

    “Though the court saw fit to drop his most recent charges, Hyrum Baquedano-Rodriguez has been convicted of numerous crimes in Virginia and represents a calamitous hazard to our Virginia residents,” said ICE Enforcement and Removal Operations Washington, D.C. Field Office Director Russell Hott. “Every one of his convictions represents another one of our neighbors that Baquedano-Rodriguez has victimized. ICE Washington, D.C. will continue to prioritize public safety by arresting and removing criminal alien offenders from our Washington, D.C. and Virginia communities.”

    U.S. Border Patrol arrested Baquedano-Rodriguez Aug. 25, 2018, after he illegally entered the United States near Yuma, Arizona. Border Patrol officials issued Baquedano-Rodriguez a notice to appear before a Justice Department immigration judge.

    A DOJ immigration judge in Eloy, Arizona, released Baquedano-Rodriguez on an immigration bond Jan. 22, 2019.

    Fairfax County Police arrested Baquedano-Rodriguez Nov. 9, 2021, and charged him with three counts of indecent liberties: expose genitals to child and indecent exposure.

    “Protecting Virginians has been a top priority of our administration since day one, and it should be a priority for every leader at the federal, state and local level,” said Virginia Gov. Glenn Youngkin. “That’s exactly why the Virginia Homeland Security Task Force is so important. I’m grateful to our law enforcement officers at every level for working hard to keep Virginians and Americans safe, and I’ll always stand with them.”

    On Sept. 27, 2022, the Fairfax County General District Court convicted Baquedano-Rodriguez with entering property with intent to damage, petit larceny: less than $1,000 and entering property with intent to damage. The court sentenced Baquedano-Rodriguez to a total of 18 months in prison and imposed restitution.

    The Fairfax County Juvenile and Domestic Relations Court convicted Baquedano-Rodriguez Oct. 7, 2022, of disorderly conduct and contribute to delinquency of minor. The court sentenced Baquedano-Rodriguez to 12 months in prison for each conviction.

    On March 8, 2023, the Fairfax County General District Court convicted Baquedano-Rodriguez of entering property with intent to damage and sentenced him to 12 months in prison.

    Fairfax County Police arrested Baquedano-Rodriguez June 17, 2023, and charged him with abduction of a person with intent to defile and burglary: entering a house to murder, rape, etc.

    On June 7, 2024, a DOJ immigration judge in Annandale ordered Baquedano-Rodriguez removed from the United States to Honduras.

    On May 2, 2025, the Fairfax County Juvenile and Domestic Relations Court dismissed Baquedano-Rodriguez’ charges for abduction of a person with intent to defile and burglary: entering a house to murder, rape, etc.

    Later that day, officers from ICE Washington, D.C. arrested Baquedano-Rodriguez in Fairfax and served him with a warrant of removal. Baquedano-Rodriguez remains in ICE custody.

    Members of the public can report crimes and suspicious activity by dialing 866-DHS-2-ICE (866-347-2423) or completing the online tip form.

    Learn more about ICE’s mission to increase public safety in our communities on X at @EROWashington.

    MIL OSI USA News

  • MIL-OSI Australia: Hungry Jack’s pays penalties for supplying toys with its children’s meals that allegedly breached the mandatory information standard for button batteries

    Source: Australian Ministers for Regional Development

    Australian fast-food franchise Hungry Jack’s Pty Ltd has paid penalties totalling $150,240 after the ACCC issued it with eight infringement notices for alleged breaches of the Australian Consumer Law by failing to comply with the mandatory button battery information standard.

    The infringement notices relate to a Garfield toy powered by button batteries that was supplied nationwide without the important warnings and information required by the mandatory information standard.

    Between 20 May 2024 and 30 May 2024, Hungry Jack’s supplied 27,850 of the Garfield toys with its children’s meals.

    While the Garfield toy complied with the button battery safety standard, it did not advise consumers that it contained button batteries, nor provide relevant warnings about the potentially fatal hazards these pose or advice about what to do if a child ingested one.

    “Button batteries are extremely dangerous for young children and tragically, children have been seriously injured or died from swallowing or ingesting them,” ACCC Deputy Chair Catriona Lowe said.

    “The ACCC continues to see non-compliant products on the market which pose unacceptable safety risks to vulnerable young children. We take non-compliance with these important standards seriously and will not hesitate to take enforcement action where appropriate.”

    The ACCC has also accepted a court-enforceable undertaking from Hungry Jack’s in which it admitted the Garfield toy is likely to have failed to comply with the button battery information standard.

    Hungry Jack’s has undertaken to establish and implement a compliance program designed to minimise Hungry Jacks’ risk of future breaches of the Australian Consumer Law.

    Millions of consumer goods worldwide contain button batteries. If swallowed, a button battery can become stuck in a child’s throat and result in catastrophic injuries, and even death, in as little as two hours. In Australia, three children have died and more than one child a month is injured from incidents involving button batteries. 

    Businesses involved in the supply of button batteries and products containing them must ensure compliance with both the mandatory safety and information standards. The safety standards require products containing button batteries to be sold in child resistant packaging and to have secure battery compartments to prevent children from gaining access to the batteries.  The information standards require warnings and emergency advice on packaging and instructions.

    Images of the Garfield toy including packaging

    Recalled product

    Hungry Jack’s has recalled the Garfield toy. Consumers can return the toy to their nearest Hungry Jack’s restaurant for a free replacement for a non-battery toy.

    ACCC guidance for businesses and consumers

    Button batteries are small, round and shiny and can be appealing for young children to swallow or insert, which poses a significant risk of serious injury or death. Compliance with the mandatory standards helps to prevent this.

    If you suspect your child has swallowed or inserted a button battery:

    • call Triple Zero (000) immediately if your child is bleeding or having any difficulty breathing
    • call 13 11 26 immediately for 24/7 fast and expert advice from the Poisons Information Centre.

    Prompt action is critical, do not wait for symptoms to develop. Serious injury can occur in as little as two hours and can be fatal.

    The ACCC strongly encourages consumers to check for button battery products in their homes and take steps to secure them to keep them safe for young children. Consumers can check the list of recalled products on the ACCC Product Safety website.

    Anyone who has experienced product safety incidents (including near misses) is strongly encouraged to report these to the supplier and to report safety concerns about particular products to the ACCC via the Product Safety website.

    Suppliers of button battery products must submit a report to the ACCC within 2 days if they become aware that a consumer good they have supplied caused or may have caused a death, serious injury or serious illness. Further information about this reporting can be found in the ACCC’s Mandatory Reporting Guideline.

    The ACCC has published a fact sheet and guide for businesses on the button battery mandatory standards to assist businesses with meeting their obligations.

    Notes to editors

    The ACCC can issue an infringement notice when it has reasonable grounds to believe a person or business has contravened certain consumer protection provisions in the Australian Consumer Law.

    The payment of a penalty specified in an infringement notice is not an admission of a contravention of the Australian Consumer Law. The Australian Consumer Law sets the penalty amount.

    Background

    Hungry Jack’s Pty Ltd is an Australian fast-food franchise of the Burger King corporation.

    Four mandatory button battery standards operate in Australia which aim to make button battery products safer and provide consumers with important safety information.

    The ACCC consulted and engaged extensively with industry during the 18-month transition period before the standards became mandatory, including working with businesses to explain the changes that would be required to comply with the new standards.

    Product safety, and consumers experiencing a vulnerability or disadvantage, are enduring ACCC priorities, and consumer product safety issues for young children (with a focus on compliance with the button battery standards) is a 2025-26 ACCC compliance and enforcement priority.

    Other button battery enforcement outcomes include:

    • In April 2025 the ACCC commenced proceedings against Fewstone Pty Ltd (trading as City Beach) regarding allegations that City Beach offered for sale 70 product lines containing button batteries which did not comply with Australia’s mandatory button battery standards.
    • In May 2023, the Reject Shop and Dusk paid a total of nearly $240,000 in penalties after the ACCC issued infringement notices for alleged failure to comply with mandatory product safety and information standards in Halloween novelty products containing button batteries.
    • In June 2023, the ACCC, in collaboration with state and territory consumer protection regulators, announced the outcome of market surveillance of over 400 businesses and 8 online platforms which identified a concerning level of non-compliance with the information standards, and to a lesser extent with the safety standards.
    • In October 2023, Tesla Motors Australia Pty Ltd paid penalties totalling $155,460 after the ACCC issued 10 infringement notices for alleged contraventions of the Australian Consumer Law in relation to the supply of 3 types of car key fobs and 2 types of illuminating door sills that allegedly did not comply with the safety and information standards.
    • In December 2023 Repco, Supercheap Auto and Innovative Mechatronics Group paid penalties totalling $119,280 after the ACCC issued them with infringement notices for supplying aftermarket car key remotes that allegedly did not comply with the information standards.
    • In June 2024, MDI International Pty Ltd and TEEG Australia Pty Ltd  each paid penalties of $49,500 after the ACCC issued them with infringement notices for alleged breaches of the Australian Consumer Law, by failing to comply with the testing requirements of the button battery safety standard.

    MIL OSI News

  • MIL-OSI USA: Heinrich, Luján Statement on President Trump’s 2026 Budget Request

    US Senate News:

    Source: United States Senator Ben Ray Luján (D-New Mexico)
    Heinrich and Luján: “Donald Trump and Elon Musk’s budget will further tank the economy and throw working families under the bus. As New Mexico’s senators, we’ll fight back”
    WASHINGTON — U.S. Senator Martin Heinrich (D-N.M.), a member of the Senate Appropriations Committee, and U.S. Senator Ben Ray Luján (D-N.M.) released the following statement onPresident Trump’s Fiscal Year 2026 (FY26) Preliminary Budget Request, which proposes slashing critical investments that benefit New Mexico families to fund massive tax cuts for billionaires like Elon Musk:
    “Donald Trump’s budget doesn’t put New Mexico families first — it jeopardizes Medicaid and slashes nutrition programs and services hardworking people rely on, all to fund massive tax handouts to Trump, Elon Musk, and their billionaire donors.
    “This proposal would drive up the cost of health care, groceries, housing, and utilities; gut public school and pre-K funding; defund cancer research; weaken law enforcement’s ability to fight drug trafficking; and strip resources from wildland firefighters, farmers, Tribes, and rural communities. It also threatens our public lands — paving the way for Republicans’ massive sell-off. 
    “Donald Trump and Elon Musk’s budget will further tank the economy and throw working families under the bus. As New Mexico’s senators, we’ll fight back — to protect Medicaid and Social Security, defend every dollar we’ve secured for our communities, and keep putting New Mexico families first.”
    Among all of his proposed cuts, President Trump’s Fiscal Year 2026 (FY26) Preliminary Budget Request:
    HEALTH:
    Slashes funding for the U.S. Department of Health and Human Services (HHS) by $33 billion (-26%).
    Slashes funding for the Centers for Medicare and Medicaid Services (CMS) by $674 million. CMS helps ensure over 100 million Americans have access to affordable, high-quality health insurance by overseeing Medicare, Medicaid, the Children’s Health Insurance Program (CHIP), and Affordable Care Act marketplaces.
    Cuts funding for the National Institutes of Health (NIH) by $18 billion or more than 40% — decimating funding for lifesaving medical treatments and cures.
    Decimates funding for the Centers for Disease Control and Prevention (CDC) by cutting $3.6 billion — hollowing out the agency’s ability to save lives and protect Americans from health threats.
    Guts funding for substance use prevention and treatment and mental health services by $1 billion (roughly –15%) and eliminates the Substance Abuse and Mental Health Services Administration — the agency with expertise in tackling the substance use and mental health crises.
    Eliminates the Title X program, which helps nearly 3 million patients get preventative care, birth control, cancer screenings, and more in every state.
    EDUCATION:
    Guts funding for the U.S. Department of Education by $12 billion (-15%).
    Eliminates all funding for Preschool Development Grants, which help states strengthen their early childhood education system and get parents the child care and pre-K they need.
    Eliminates and cuts dozens of elementary and secondary education programs (the vast majority of which are not specified), underscoring that President Trump’s vision for returning education to the states means state and local taxpayers will pay more to support students and educators at their local schools as a result of major cuts in federal funding.
    Eliminates several higher education programs, including TRIO, GEAR UP, Federal Work Study, Child Care Access Means Parents in Schools (CCAMPIS), and more, which help Americans pursue a postsecondary education and further their careers.
    Slashes funding for the U.S. Department of Labor by $4.6 billion (-35%).
    Proposes to “Make America Skilled Again” by cutting workforce training programs that help Americans develop skills and secure good-paying jobs by roughly a third. 
    Eliminates Job Corps and the Senior Community Service Employment Program.
    Eliminates AmeriCorps, which enables over 200,000 Americans to help serve communities across the country, including by responding to natural disasters, supporting veterans, fighting the opioid epidemic, helping older Americans age with dignity, and working in our schools, educating and supporting students.
    HOUSING:
    Eviscerates the U.S. Department of Housing and Urban Development (HUD) with a 43.6% cut.
    Slashes HUD rental assistance programs by 42.8% while foisting responsibility over those programs onto state and local governments. Over 10 million Americans rely on HUD rental assistance, the vast majority of whom are seniors, people with disabilities, and children. This will rip the roofs off Americans’ heads and put even more families at risk of homelessness.
    Eliminates or cuts federal programs most targeted to build more affordable housing and address this country’s housing supply shortage, including in Tribal country. 
    Eliminates the Community Development Block Grant that cities and towns across the country use to improve the quality of life for their citizens every day.
    PUBLIC SAFETY:
    Slashes the U.S. Department of Justice’s (DOJ) budget by at least $3.7 billion (-10%).
    Guts funding for grants to help keep communities safe by over $1 billion (-26%).
    Cuts funding for Federal Bureau of Investigation (FBI) salaries and expenses by $545 million (-5%), endangering Americans’ safety.
    Cuts funding for Drug Enforcement Agency (DEA) salaries and expenses by $212 million (-7%), weakening the agency’s capacity to crack down on drug trafficking. Also proposes shuttering major DEA offices in countries around the world, noting that those countries “are equipped to counter drug trafficking on their own.”
    Cuts funding for the Bureau of Alcohol, Tobacco, Firearms and Explosives’ (ATF) salaries and expenses by $468 million (-29%) as part of the administration’s ongoing attempt to dismantle the agency in charge of enforcing our country’s gun laws.
    Cuts $1.386 billion (-22%) from the U.S. Forest Service, gutting grant funding for state and Tribal wildfire risk reduction, volunteer fire departments, and much more. The proposal would cut at least 2,000 National Forest System staff positions, which will severely harm the administration’s stated goals of improving forest management.
    Cuts funding for International Narcotics Control and Law Enforcement account by $1.3 billion (-91%) which helps prevent human trafficking, stop drug trafficking, and much more, with direct implications for American communities.
    Proposes a reckless $209 million cut for NOAA’s weather satellites, which play a critical role in ensuring Americans have accurate weather forecasting and will result in a gap in observations when the current satellites retire early in the next decade.
    NUTRITION:
    Eliminates the Commodity Supplemental Food Program, which provides food assistance to low-income individuals 60 years of age and older to supplement diets and addressing potential nutrient deficiencies. The preliminary budget request does not mention any of the other 16 Nutrition Programs, including WIC, The Emergency Food Assistance Program (TEFAP), and the National School Lunch Program.
    PUBLIC LANDS:
    Cuts $900 million (- 30%) from National Park Service operations, abandoning national parks the administration says should now be transferred to the states, while providing no funding for states to manage massive new obligations that such a dramatic move would entail. This would incentivize states to sell off public lands to the highest bidder, threatening valued open space and areas of natural and historical value to local communities.
    AGRICULTURE:
    Guts funding for agricultural research, which is critical to ensuring American agriculture is competitive with the rest of the world and provides key resources to help farmers and ranchers prepare and adapt in an uncertain environment. Zeroes out foreign food aid that supports American farmers and is a lifeline for people living in extreme poverty across the world.
    TRIBES:
    Slashes $911 million (-24%) for core Tribal programs that uphold the federal government’s legally-obligated and court-ordered trust and treaty responsibilities to Tribal nations. 
    Decimates core Tribal programs, including road maintenance, housing, and programs for children and families. 
    Nearly eliminates funding for construction of Tribal schools, which are already too often dilapidated, and cuts Tribal law enforcement funding by 20%.
    RURAL COMMUNITIES:
    Slashes investments in core Rural Development programs by $721 million, including investments in safe drinking water, affordable housing, and resources to bolster the rural economy.
    Cuts funding for the U.S. Department of Commerce by $1.9 billion (-18%). Outright eliminates the U.S. Economic Development Administration (EDA), which helps economically distressed communities across America get ahead.
    Eliminates all Community Services Block Grant funding ($770 million) for community-based anti-poverty programs that help individuals and families access services to alleviate the causes of poverty.
    Eliminates funding to 27 states by zeroing out funding for 6 of 7 regional commissions, which provide grants in economically distressed communities for disaster mitigation, opioid crisis support programming, workforce training, and much more. This includes eliminating the Southwest Border Regional Commission (SBRC).
    The Southwest Border Regional Commission (SBRC) is one of eight authorized federal regional commissions and authorities, which are congressionally-chartered, federal-state partnerships created to promote economic development in their respective regions. Congress first authorized the establishment of the SBRC in 2008 to promote economic development in the southern border regions of New Mexico, Arizona, California, and Texas.
    Last year, Heinrich secured an expansion of the SBRC’s jurisdiction to include the following counties in New Mexico: Bernalillo, Cibola, Curry, De Baca, Guadalupe, Roosevelt, Torrance, Lea, and Valencia. These are in addition to Catron, Grant, Hidalgo, Luna, Sierra, Socorro, Lincoln, Otero, Eddy, Doña Ana, and Chaves Counties in New Mexico, which are already included within the SBRC’s jurisdiction.
    In 2023, Heinrich led the introduction of the Southwest Border Regional Commission Reauthorization Act, legislation to reauthorize and fully fund the Southwest Border Regional Commission (SBRC). The bill was cosponsored by U.S. Senators Ben Ray Luján (D-N.M.), Mark Kelly (D-Ariz.), Alex Padilla (D-Calif.), and former-U.S. Senators Kyrsten Sinema (I-Ariz.), and Laphonza Butler (D-Calif.).
    INFRASTRUCTURE:
    Cuts funding for the U.S. Bureau of Reclamation by $600 million (-34%), gutting investments in key restoration projects.
    Cuts funding for the U.S. Army Corps of Engineers by $2 billion (-23%), slashing funding used to maintain our nation’s ports and harbors.
    Cuts funding for Federal Emergency Management Agency (FEMA) non-disaster grants that help communities prepare for disasters, support efforts to prevent violence and terrorism, prepare emergency responders, and more.
    Eliminates funding for the Corporation for Public Broadcasting, ending support for more than 1,500 local public television and radio stations. 
    Eliminates funding for the Institute of Museum and Library Services and the support provided to libraries and museums throughout the United States.
    Cuts funding for the U.S. Environmental Protection Agency (EPA) by more than half by abandoning state and Tribal programs that build and maintain drinking water and sewer systems, starving states of longstanding federal funding provided to pay for states’ work enforcing federal laws, and decimating funding for cleaning up toxic Superfund sites. The request would also effectively eliminate research funding used to better understand the impacts on human health from polluted air and water and from toxic chemicals. 
    ENERGY:
    Slashes funding for the Department of Energy overall by $4.7 billion (-9.4%).
    Guts funding for Energy Efficiency and Renewable Energy programs by $2.572 billion (-74%) and proposes to rescind $15.25 billion from Infrastructure Law energy programs, which will raise energy costs for American consumers by halting vital innovation and energy projects.
    Eliminates the Low Income Home Energy Assistance Program (LIHEAP), which helps 6 million American households heat and cool their homes.
    ECONOMIC DEVELOPMENT:
    Slashes funding for the Small Business Administration’s (SBA) Entrepreneurial Development Programs by $167 million, proposing the elimination of nearly all programs, including programs that support veterans as they work to start and grow a small business.
    Eliminates $291 million in funding for all current Community Development Financial Institutions (CDFI) financial assistance awards, which help leverage private capital to support the development of child care centers, housing, health care facilities, and small businesses. Since 2010, CDFIs have financed over 1.3 million businesses and 557,000 affordable homes.
    Completely eliminates the National Endowment for the Arts and the National Endowment for the Humanities, which provide funding for every state and every congressional district for cultural economic development and the creative economy.
    Guts funding for the National Oceanic and Atmospheric Administration (NOAA) by $1.5 billion, which would eliminate all manner of programs that create good jobs, help local economies, and support ocean research, health, and coastal resilience.
    More than halves funding for the National Science Foundation (NSF) with a $5.2 billion (-57%) cut. Cuts funding for the Department of Energy’s Office of Science by $1.148 billion (-14%). Together, these proposed cuts would decimate America’s edge in essential scientific research that would otherwise drive future economic growth.
    FOREIGN ASSISTANCE:
    Guts funding for the U.S. Department of State and America’s international security, economic, and humanitarian assistance programs by $31.2 billion (-48%).
    Cuts funding for lifesaving and other humanitarian assistance by $4.7 billion (-54%), which will lead to preventable deaths and suffering across the globe, and threaten Americans’ safety and well-being by undercutting our efforts to stop disease outbreaks and prevent conflict. A cut of this magnitude will also lead to more migration of people fleeing poverty, conflict, and natural disasters.
    Slashes economic growth and development funding across multiple agencies and accounts by $6 billion (67%) and proposes the final dissolution of the U.S. Agency for International Development (USAID).
    Guts funding for global health initiatives by $6.2 billion (-62%).
    Reneges on our treaty dues for the United Nations (U.N.), U.N. Peacekeeping operations, and a majority of other international organizations.
    SPACE EXPLORATION:
    Cuts National Aeronautics and Space Administration (NASA) funding by $6 billion (-24%), the largest single-year cut to NASA in U.S. history, which would mark an incredible retreat for American leadership and ambition in space. Terminates the Artemis Campaign to establish a human presence on the Moon after the Artemis III mission. Slashes funding for the Science Mission Directorate by $3.43 billion (-47%), which would cancel numerous current and planned missions to better understand our universe, solar system, and Earth.

    MIL OSI USA News

  • MIL-OSI USA News: Fact Sheet: President Donald J. Trump Announces Actions to Reduce Regulatory Barriers to Domestic Pharmaceutical Manufacturing

    Source: The White House

    PROMOTING AMERICAN-MADE PRESCRIPTION DRUGS: Today, President Donald J. Trump signed an Executive Order to facilitate the restoration of a robust domestic manufacturing base for prescription drugs, including key ingredients and materials necessary to manufacture prescription drugs.

    • The Order directs the U.S. Food and Drug Administration (FDA) to reduce the amount of time it takes to approve domestic pharmaceutical manufacturing plants by eliminating duplicative and unnecessary requirements, streamlining reviews, and working with domestic manufacturers to provide early support before facilities come online.
      • The Order directs the FDA to increase fees for and inspections of foreign manufacturing plants.
      • President Trump is directing the FDA to improve enforcement of active pharmaceutical ingredient source reporting by foreign drug producers and consider publicly displaying a list of facilities that do not comply.
    • The Order directs the Environmental Protection Agency (EPA) to accelerate the construction of facilities designed to manufacture prescription drugs, active pharmaceutical ingredients, and other necessary raw materials.
    • The Order ensures that federal agencies issuing permits for a domestic pharmaceutical manufacturing facility designate a single point-of-contact to coordinate permit applications with interagency support from the White House Office of Management and Budget (OMB) to ensure an efficient and coordinated process.

    UNLEASHING PROSPERITY AND PROTECTING NATIONAL SECURITY THROUGH PERMITTING REFORM: President Trump is clearing bureaucratic obstacles to critical domestic pharmaceutical manufacturing in order to usher in America’s new Golden Age by ensuring access to the medicines Americans need.

    • Critical barriers and gaps still exist in establishing a domestic, resilient, and affordable pharmaceutical supply chain for American patients.
      • New construction must navigate myriad Federal, State, and local requirements ranging from building standards and zoning restrictions to environmental protocols that together diminish the certainty needed to generate investment for large manufacturing projects.
    • Estimates suggest that building new manufacturing capacity for pharmaceuticals and critical inputs may take as long as five to ten years, which is unacceptable from a national-security standpoint.
    • This Order will speed up timelines for building domestic pharmaceutical manufacturing site by reducing regulatory barriers to construction.

    DELIVERING ON PROMISES TO PUT AMERICA FIRST: President Trump is delivering on his promise to once again put America first by ensuring the FDA prioritizes American manufacturing facilities over foreign facilities.

    • President Trump: “We don’t want to be buying our pharmaceuticals from other countries because if we’re in a war, we’re in a problem, we want to be able to make our own.”
    • President Trump: “As we invest in the future, we will permanently bring our medical supply chains back home. We will produce our medical supplies, pharmaceuticals, and treatments right here in the United States.”
    • This Order builds on actions from President Trump’s first term to re-shore production of essential medicines and cut down our reliance on foreign producers. 

    MIL OSI USA News

  • MIL-OSI Canada: Alberta Next: Albertans to decide path forward for the province

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    Albertans have always been loyal, proud and generous Canadians.

    We love Canada. We have fought wars and died defending Canada. We have opened our doors wide for millions of our fellow Canadians searching for opportunity – many of whom stay and become Albertan, and many who return home to their native province. All have been welcomed with open arms.

    Our province has contributed hundreds of billions of dollars more to the federal treasury for use in other parts of the country than we’ll ever receive back in benefits. We have allowed this to occur because, quite frankly, we know how blessed our province is with an endowment of natural resources that no other country on earth possesses – and we want all of our friends, families and fellow Canadians across the country to benefit from it.

    We do not ask for special treatment or handouts.

    We just want to be free. Free to develop and export that incredible wealth of resources we have for the benefit of our families and future generations. Free to pursue opportunities with the ideals of entrepreneurship, hard work and innovation that have become synonymous with the name of our province. Freedom to choose how best to provide health care, education and other needed social services to our people – even if its done differently than what Ottawa has in mind.

    Strong and Free is more than just our provincial motto – it represents who we are and how we want to live as a people.

    And that is why Albertans are so frustrated with the direction of our country.

    For the last 10 years, successive Liberal Governments in Ottawa – supported by their New Democrat allies – have unleashed a tidal wave of laws, policies and political attacks aimed directly at Alberta’s free economy – and in effect – against the future and livelihoods of our people.

    They have blocked new pipelines with C-69, cancelled multiple oil and gas projects, and banned the very tanker ships needed to carry those resources to new markets.

    They have stacked an oil and gas production cap on top of a crippling industrial carbon tax, making new energy and agricultural projects economically impossible to pursue without massive subsidies from governments – which Ottawa has failed to provide and which our taxpayers cannot afford.

    This onslaught of anti-energy, anti-agriculture and anti-resource development policies have scared away global investment to the tune of over a half a trillion dollars – driving those investments and jobs out of Alberta and Canada to much more attractive investment climates in the United States, Asia and the Middle East.

    Having travelled much of the world these past few years, it is evident that Canada is not viewed as an attractive place to invest in resource development, manufacturing or agriculture because of our high carbon taxes, endless red tape, and the uncertainty and chaos brought about by these and other federal government policies.

    As a result, Canada has fallen to dead last in economic growth among industrialized nations. The world looks at us like we have lost our minds. We have the most abundant and accessible natural resources of any country on earth – and yet we landlock them, sell what we do produce to a single customer to the south of us, while enabling polluting dictatorships to eat our lunch.

    For Albertans – these attacks on our province by our own federal government have become unbearable.

    As I said, these policies have cost Albertans roughly a half a trillion dollars in investment – and that loss is growing daily. It has and will continue to cost hundreds of thousands of jobs, robbing countless Albertans and other Canadians of their means of providing for their families. It has cost us a decade of opportunities and tens of billions in lost royalties that could have been invested in the health, education, infrastructure and social services Albertans and Canadians need.

    And what’s worse, Ottawa continues onward with more destructive policies.

    They have imposed net-zero mandates on our natural gas-based power grid causing investment in reliable generation from natural gas to flee, thereby endangering the future stability of our power grid, and risking future blackouts and spikes in electricity costs for Alberta families and businesses.

    They have attacked our food producers with methane taxes, onerous regulations on fertilizer, electric vehicle mandates, and many other destructive policies that have hiked costs on our farmers and ranchers, and driven billions of dollars of investment in agriculture elsewhere.

    They have interfered in provincial jurisdiction time and again. From taking over the regulation of plastics, to mandating how we operate child care, health care and dental care, to harassing law abiding firearms owners, to dozens of other examples of unconstitutional interference.

    And of course, Alberta has fought back. We always have and always will.

    We passed the Sovereignty within a United Canada Act and have invoked it twice to protect Albertans as best we can from the effects of the net zero electricity regulations and energy production cap.

    We have beat the feds in court on both the “no new pipelines law” C-69 and their attempt to regulate plastics (though they have ignored both court decisions to this point) — and we have just announced a court challenge on the net zero electricity regulations and are further preparing to also challenge the energy production cap.

    We continue to do all in our power to counteract Ottawa’s chill on investment in energy, agriculture and our other job sectors through various tax cuts and incentive programs which greatly strain the provincial budget.

    We have fought these attacks from Ottawa furiously and have won some important battles, but the lost opportunities, jobs and futures of so many Albertans are costly and demoralizing — as are the growing number of eastern politicians who choose to openly demonize and target Alberta for political gain.

    That is why a large majority of Albertans are so deeply frustrated with the results of last week’s federal election.

    It’s not that our preferred candidate and party lost. That happens in a democracy.

    It’s that the same Liberal government with almost all of the same Ministers responsible for our nation’s inflation, housing, crime and budget crisis, and that oversaw the attack on our provincial economy for the past 10 years – have been returned to power.

    Now, as we all know, one thing has changed. We have a new Prime Minister. And I will say that in my first conversation with him since the election, he had some promising things to say about changing the direction of his government’s anti-resource policies.

    However, Albertans are more of a “actions speak louder than words” kind of people.

    So while I will in good faith work with Prime Minister Mark Carney on unwinding the mountain of destructive legislation and policies that have ravaged our provincial and national economies this past decade —- until I see tangible proof of real change —- Alberta will be taking steps to better protect ourselves from Ottawa.

    As a start, I will soon appoint a Special Negotiating Team to represent our province in negotiations with the federal government on the following reforms requested by our province. We hope this will result in a binding agreement that Albertans can have confidence in – call it an Alberta Accord if you will.

    First, Alberta requires guaranteed corridor and port access to tidewater off the Pacific, Arctic and Atlantic coasts for the international export of Alberta oil, gas, critical minerals and other resources in amounts supported by the free market, rather than by the dictates and whims of Ottawa.

    Every province in the country, other than Alberta and Saskatchewan, have coastal port access, and no province needs it more given the size and value of our resources. This will benefit all Canadians to the tune of trillions of dollars of economic activity including billions for First Nations’ partners.

    Second. The federal government must end all federal interference in the development of provincial resources by repealing the no new pipelines law, C-69, the oil tanker ban, the net zero electricity regulations, the oil and gas emissions cap, the net zero vehicle mandate, and any federal law or regulation that purports to regulate industrial carbon emissions, plastics, or the commercial free speech of energy companies. These laws are destroying investment confidence and costing Canada and Alberta hundreds of billions in investments each year.

    They need to go.

    Third. The federal government must refrain from imposing export taxes or restrictions on the export of Alberta resources without the consent of the Government of Alberta. Frankly, all provinces should be given that same respect for their resources.

    And fourth, the federal government must provide to Alberta the same per capita federal transfers and equalization as is received by the other three largest provinces – Quebec, Ontario and British Columbia. We have no issue with Alberta continuing to subsidize smaller provinces with their needs, but there is no excuse for such large and powerful economies like Ontario, Quebec, B.C. or Alberta to be subsidizing one another. That was never the intent of equalization, and it needs to end.

    If these points can be agreed to by the federal government, I am convinced it will not only make Alberta and Canada an infinitely stronger and more prosperous country, but will eliminate the doubts a growing number of Albertans feel about the future of Alberta in Canada.

    While these negotiations with Ottawa are ongoing, our government will appoint, and I will chair, the ‘Alberta Next’ panel. This panel will be composed of some of our best and brightest judicial, academic and economic minds, to join with me in a series of in-person and online town halls to discuss Alberta’s future in Canada, and specifically, what next steps can we take as a province to better protect Alberta from any current or future hostile policies of the federal government. Details of the membership and scope of that panel will also be released in the coming weeks.

    After the work of the panel is finished, it is likely we will place some of the more popular ideas discussed with the panel to a provincial referendum so all Albertans can vote on them sometime in 2026.

    To be clear from the outset, our government will not be putting a vote on separation from Canada on the referendum ballot; however, if there is a successful citizen-led referendum petition that is able to gather the requisite number of signatures requesting such a question to be put to a referendum, our government will respect the democratic process and include that question on the 2026 provincial referendum ballot as well.

    I also want to state unequivocally that as Premier, I am entirely committed to protecting, upholding and honouring the inherent rights of First Nations, Métis and Inuit peoples. Therefore, ANY citizen-initiated referendum question MUST not violate the constitutional rights of First Nations, Métis and Inuit peoples, and must uphold and honour Treaties 6, 7 and 8 should any referendum question ever pass. This is non-negotiable.

    Now, let’s talk about the elephant in the room – that being separation.

    We are well aware that there is large and growing number of Albertans that have lost hope in Alberta having a free and prosperous future as a part of Canada. Many of these Albertans are organizing petitions to trigger a citizen-initiated referendum, as I mentioned earlier. The vast majority of these individuals are not fringe voices to be marginalized or vilified – they are loyal Albertans. They are quite literally our friends and neighbours who have just had enough of having their livelihoods and prosperity attacked by a hostile federal government. They are frustrated – and they have every reason to be.

    I want to talk directly to those Albertans.

    I know how frustrated so many of you have become with our country and the feeling of having politicians living thousands of miles away passing laws and rules that have cost you or your loved ones, jobs, careers, dreams, and opportunities for a brighter future.

    As most Albertans know, I have repeatedly stated I do not support Alberta separating from Canada. I personally still have hope that there is a path forward for a strong and sovereign Alberta within a united Canada. Let me explain a few reasons why.

    First, Alberta already has and can continue to use the Alberta Sovereignty within a United Canada Act and other measures to fight through much of Ottawa’s damaging interference and prosper in spite of it. We will also continue our successful battles against these unconstitutional and damaging policies in both the Courts of law and public opinion.

    But there is more to be hopeful for. This past election demonstrated that attitudes across the country, especially among young people, are changing with respect to understanding the importance of free markets and the development of our natural resources. People are pushing back against government censorship and ‘cancel culture’. More and more Canadians understand that in order for Canada to play a role in ending conflict and poverty at home and abroad – our country must become strong again. And we can only do that by becoming an energy and economic superpower using the vast and unmatched energy, mineral resources and fertile lands of our country.

    85 per cent of Canadians in this last election voted for the two leaders promising to turn Canada into an energy superpower and to build resource corridors, including for oil and gas – while only 13 per cent voted for the fringe voices in the socialist NDP and Bloc parties and their extremist “leave it in the ground” policies.

    Obviously, we have a ways to go and it will take a lot of work to undo the damage caused by these last 10 years of Liberal/NDP rule, but that clear change in public opinion gives me hope. I think it should give all Albertans hope

    Now, none of us know what the future holds should Ottawa, for whatever reason, continue to attack our province as they have done over the last decade. Ultimately that will be for Albertans to decide and I will accept their judgement.

    But I am going to do everything within my power to negotiate a fair deal for Alberta with the new Prime Minister. And while doing so, our government will work with Albertans on various initiatives to better protect Alberta’s provincial sovereignty and economy from Ottawa should those negotiations fail, and the economic attacks continue.

    Alberta didn’t start this fight, but rest assured…we will finish it…and come out of it stronger and more prosperous than ever.

    In closing, I want Albertans to know how important it will be, in the coming months, for our province to be steadfast, unified and to refrain from heeding the voices of those seeking to divide Albertans against one another.

    There will be many outside – and even inside this province – who will try and sow fear and anger among us. They will seek to divide us into different camps for the purpose of marginalizing and vilifying one other based on differing opinions. Effectively pitting neighbour against neighbour — and Albertan against Albertan.

    That is not the Alberta way. It’s not who we are. And it’s not who I am.

    There are thousands of Albertans that are so frustrated with the last ten years of Ottawa’s attacks on their friends’ and family’s livelihoods that they feel Alberta would be stronger and more prosperous as an independent nation. That is an understandable and justifiable feeling to have even if we disagree on what to do about it. These Albertans are not traitors, nor should they ever be treated as such. They just love their province and family and want a better future than the one Ottawa is offering right now.

    There are also thousands of Albertans that are so attached and loyal to their identity as Canadians that there is nothing Ottawa has done to our province that would justify Alberta leaving Canada. Its not that they think everything is perfect or we’ve been treated fairly – they just believe being part of Canada, despite those problems, has much more value than leaving. These individuals are also loyal Albertans and should never be accused of being anything less.

    And then there are hundreds of thousands of Albertans that probably feel a lot like I do —- that are deeply frustrated with the way our province has been mistreated and damaged by successive federal Liberal governments and are not willing to tolerate the status quo any longer. But these Albertans still believe there is a viable path to a strong, free and sovereign Alberta empowered to succeed and prosper within a united Canada. A Canada where the federal government actually honours the constitution, upholds provincial rights, and empowers provinces to pursue their unique potentials as their people so choose.

    Regardless of what each of us believes about this issue, or what path we think is best; we, as Albertans, must be able to respectfully debate and discuss these issues with our friends, family members and neighbours.

    I know that if we do that — in the end, our province will find the best solution for this immense challenge we face, and come out of it stronger and more free than ever.

    I’ll always put my faith in Albertans to find that right path. I trust you.

    May our beautiful Alberta always remain forever strong and free.

    Related information

    • A media availability will follow on May 6 at 12 p.m.
    • Alberta Next: Albertans to decide path forward for the province

    Multimedia

    • Watch the Premier’s address to Albertans

    MIL OSI Canada News

  • MIL-OSI Banking: Microsoft partners with Global Anti-Scam Alliance to fight cybercrime

    Source: Microsoft

    Headline: Microsoft partners with Global Anti-Scam Alliance to fight cybercrime

    Being the victim of a scam can be devastating. Unfortunately, the number of people who can attest to the truth of this statement, either because they themselves have been scammed or because it has happened to someone they know, is growing. The Global Anti-Scam Alliance (GASA) reports that in 2024 nearly 50% of the world’s consumers dealt with at least one attempted scam every week.1 Microsoft understands the importance of protecting against scams in all their forms. This understanding is the basis for multiple companywide projects, including the launch of the Secure Future Initiative (SFI) in November of 2023.

    Read the latest SFI updates

    In February of 2024, Microsoft outlined its six-pillared comprehensive approach to addressing abusive AI-generated content. These pillars are: 

    • Strong safety architecture.  
    • Durable media provenance and watermarking.
    • Safeguarding services from abusive content and conduct.  
    • Robust collaboration across industry, governments, and civil society.  
    • The push toward modernized legislation to protect people from the abuse of technology.
    • Enhanced public awareness and education.   

    The foundation these pillars are built upon is responsibility. Microsoft leadership believes it is imperative for the tech sector to continually and proactively address fraud, scams, and security threats as they emerge. As part of that responsibility, Microsoft published a whitepaper in July 2024 and highlighted AI-generated fraud as one of the abuses United States policymakers should consider addressing with new legislation. 

    In accordance with this ethos and as the next step in its ongoing fight against scams around the world, Microsoft now announces that it will be joining GASA as a Foundation Member. In doing so, Microsoft readily grants its knowledge and expertise to an organization that has dedicated itself to protecting consumers everywhere from scams of all kinds. It is GASA’s mission to unite public authorities, industry leaders, and technology platforms in sharing knowledge, defining joint strategies, and coordinating effective actions that shield consumers from scams. In 2024 alone, scammers drained the global economy of more than $1.03 trillion.2 Together, Microsoft and the other members of GASA hope to stem these losses going forward.  

    Doubling down on fraud prevention through the Global Signal Exchange  

    As well as joining GASA as a Foundation Member, Microsoft also announces it is joining the Global Signal Exchange (GSE), the world’s first clearing house for scam and fraud threat signals. The GSE enables member organizations to collaborate in order to tackle online scams, fraud, and abuse—with more than 191 million threat signals being monitored in real time. The GSE is a United Kingdom not-for-profit organization owned by Oxford Information Labs (OXIL) and was launched in partnership with GASA. Microsoft is one of the first 20 leading international organizations that has joined in recent months.  

    “We are delighted to welcome Microsoft to the Global Signal Exchange. Fighting scams is a collaborative effort. Together we are changing the game, by putting a spotlight on where scams are happening online, in real time, and by sharing information about online scams and fraud across the internet ecosystem. We aim to help stop malicious activities faster, make them less effective and so less profitable for the criminals. To this end, The Global Signal Exchange empowers us all to share a vision for data sharing based on a global, multistakeholder, multisector platform.”  

    —Emily Taylor, Founder, Global Signal Exchange  

    The Global Signal Exchange platform surfaces malicious URLs, suspect IP addresses, scams, and phishing attacks. With the new data being shared by Microsoft, the organization’s mandate will steadily continue to broaden in order to cover more threats and threat actors. Together, Microsoft and the rest of the organizations participating in the GSE will work to shine a light not just on cybercrime but upon those individuals and groups facilitating it as well. 

    To learn more about Microsoft Security solutions, visit our website. Bookmark the Security blog to keep up with our expert coverage on security matters. Also, follow us on LinkedIn (Microsoft Security) and X (@MSFTSecurity) for the latest news and updates on cybersecurity.  


    1International Scammers Steal Over $1 Trillion in 12 Months in Global State of Scams Report 2024, GASA. November 7, 2024.

    2Global Signal Exchange.

    MIL OSI Global Banks

  • MIL-OSI Russia: Marat Khusnullin: More than 440 km of the road network will be updated in 2025 under the Victory Street project

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    In the year of the 80th anniversary of the Victory, repair work and development of road infrastructure are underway on sections of regional and local roads named in honor of heroes or events of the Great Patriotic War, as well as leading to monuments and memorials dedicated to the events of those years. The work is being carried out under the national project “Infrastructure for Life” and other programs with federal and regional funding. This was reported by Deputy Prime Minister Marat Khusnullin.

    “On the eve of one of the most important holidays for our country – Victory Day – the “Victory Street” project is launched in Russian regions, aimed at preserving the memory of the feat of war heroes and home front workers. In the year of the 80th anniversary of Victory, we will bring about 180 objects named in honor of the heroes or events of the Great Patriotic War to a standard state. Their total length will be more than 440 km. I would like to note that such objects are always given special attention, including in order to preserve the memory of the feat of the soldiers of the Soviet Army for many years to come,” said Marat Khusnullin.

    Let us recall that in 2020, on the eve of the 75th anniversary of the end of the Great Patriotic War, a number of Russian regions came forward with the initiative to hold a patriotic campaign “Victory Street” in the country.

    “This idea was, of course, supported by the Ministry of Transport of the Russian Federation. Then, in 2020, the “Victory Street” project became one of the largest in the country. It involved 83 Russian regions – participants in the national project “Safe High-Quality Roads”. As a result, about 400 objects were updated. Each of these streets preserves the memory of the heroes of our country,” emphasized Minister of Transport Roman Starovoit.

    An important task of the Victory Street project is to increase the attention of Russian residents to the history of the country, the feat of the Soviet people – both on the battlefield and in the rear. In this way, a spiritual and moral position, a sense of involvement in the history of the Fatherland, and responsibility for the future of Russia are formed.

    “During the Great Patriotic War, road workers made a special contribution to the common cause, helping on the front lines and in the rear. During the years of fighting the Nazi onslaught, workers maintained 359 thousand km of military highways in difficult conditions, restored about 100 thousand km, and also laid more than 5 thousand km of transport arteries with hard surfaces. Today, we continue their work. Streets named in honor of the heroes and events of the Great Patriotic War do not just connect infrastructure facilities, but connect generations, embodying the memory of everyone who, sometimes at the cost of their lives, brought Victory closer,” said Igor Kostyuchenko, Deputy Head of the Federal Road Agency.

    Thus, in St. Petersburg in 2025, under the national project, the asphalt concrete pavement will be replaced, sidewalks and curbstones will be restored on a 4-kilometer section of Savushkina Street. Hero of the Soviet Union fighter pilot Alexander Petrovich Savushkin made 373 combat sorties on LaGG-3 and P-39 “Airacobra” fighters, shot down 18 enemy aircraft in 49 battles, defending Leningrad from Nazi air raids. In addition, Savushkina Street leads to the Military Pilots Square, where the monument to the Heroes of the Soviet Union is located.

    Another 3.2 km will be brought up to standard on Morskaya Embankment. This is a busy street, where more than 5,000 cars pass daily. On Morskaya Embankment there is a monument to the cruiser Kirov, one of the symbols of the defense of Leningrad during the war and blockade. In addition, more than 2 km of Moskovsky Prospekt (from Kuznetsovskaya Street to Ligovsky Prospekt) will be renovated in the hero city. The repair section leads to Moskovsky Victory Park.

    Fierce battles took place in the Oryol region during the Great Patriotic War. Thanks to the Victory Street project, everyone will be able to honor the memory of those who fought for their homeland. In the Kolpnyansky District, 5.4 km of the Droskovo-Kolpna-Ushakovo highway will be renovated. It leads to the Field of Soldiers’ Glory. Work will also take place on a 9.6 km section of the Glazunovka-Maloarkhangelsk-Kolpna-Dolgoye highway. This is the route to the memorial in the village of Yakovka. Here, in a mass grave, lie the soldiers who heroically defended their native village from the Nazi invaders.

    In the Moscow Region, six road sections associated with the events and names of the heroes of the Great Patriotic War will be repaired. In particular, more than 3 km of the Ostashkovskoye Highway in Mytishchi will be replaced. The Federal War Memorial “Pantheon of Defenders of the Fatherland” is located next to the repair section. Repairs will also be carried out on Bosov Street in Istra. It is named after Hero of the Soviet Union Alexey Petrovich Bosov, and a monument to him has been erected in the Central Square of the city. For the courage and heroism shown in battle, Alexey Petrovich was awarded the Order of Lenin three times, the last time posthumously in February 1942.

    Roads to places of military glory and monuments to liberator soldiers are repaired annually. In 2023, under the national project “Safe High-Quality Roads”, work was completed, including on several sections of the Volokolamsk Highway. The road leads to the large memorial complex “Frontier of Glory” in the village of Lenino, before entering Snegiri. In December 1941, Snegiri was the line where the German troops advancing on Moscow were stopped. The Nazis entered the village on the night of November 30, 1941. On December 2 and 4, they attacked the village of Lenino, but were repelled by Soviet troops. As a result of heavy fighting, more than 6.5 thousand people died here.

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

    MIL OSI Russia News

  • MIL-OSI Russia: Marat Khusnullin visited Perm Krai

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    Deputy Prime Minister Marat Khusnullin visited Perm Krai on a working visit, where he, together with the region’s governor Dmitry Makhonin, checked the implementation of a number of infrastructure projects.

    “Perm Krai has successfully completed the tasks of the previous national projects and has already started implementing the new national project “Infrastructure for Life”. There are already good results in housing: more than 586 thousand square meters were commissioned in a quarter, which is 35% more than last year. Almost 1.9 million square meters of apartment buildings are currently under construction. We also discussed resettlement from dilapidated buildings – since 2019, more than 52 thousand people have moved to new housing. We pay great attention to creating all the necessary infrastructure for a comfortable life for people – this is what the new national project is aimed at. In Perm Krai, road works, the creation of social and communal infrastructure, and the improvement of public spaces are actively continuing,” said Marat Khusnullin.

    Dmitry Makhonin thanked the Deputy Prime Minister for the visit and support of the region’s projects. The head of Perm Krai noted that, in addition to the active development of housing construction and mechanisms for the integrated development of territories, thanks to the national project, Perm Krai is building new houses for resettlement from dilapidated housing. “Alone last year, almost 3 thousand people moved into such new buildings. This year, eight houses have been commissioned and more than 1.8 thousand new residents have already received the keys to their apartments,” he noted.

    The Deputy Prime Minister and the Governor visited the Kama River embankment, where they got acquainted with the progress of its improvement, and also inspected the renovated River Station. Here, the berths were repaired, the bank was reinforced, the stairs were restored and the bottom was cleared, the promenade area was updated: comfortable benches and decks were installed right by the water. Last year, the reconstruction of another section was completed – from the F.M. Reshetnikov Square to the River Station. Improvement work continues. The section from the Rechnik shopping center to the Motovilikha plants is 70% complete. The design of the embankment section that runs along the territory of the plants is underway.

    In addition, on the eve of Victory Day, Marat Khusnullin visited the exhibition-forum “We are defending our home”, dedicated to the contribution of defense enterprises of the Perm Territory to strengthening the country’s defense capability, the exploits of the residents of the Kama region during the Great Patriotic War, as well as support for fighters of the special military operation.

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

    MIL OSI Russia News

  • MIL-OSI USA: ICYMI: Beyer Fights For Feds

    Source: United States House of Representatives – Representative Don Beyer (D-VA)

    As Elon Musk and the Trump Administration expand their chaotic assault on the federal government and the workers and contractors who deliver its essential services to the American people, Northern Virginia Congressman Don Beyer continues to fight for civil servants who devote their careers to making this country stronger.

    On Thursday, Beyer announced the introduction of two bills to rehire federal workers fired by Trump and Musk, and to protect them from future civil service purges. On Saturday, Beyer hosted a jobs fair for federal workers with 40 companies, organizations, and other employers; attendance dwarfed expectations, with over 2,400 people ultimately participating in the event.

    Additional coverage from local news outlets:

    Government Executive: “Federal Employees Removed By Trump Would Have Easier Pathway Back To Government Service Under Democratic Bill”

    “Rep. Don Beyer, D-Va., who represents more than 72,000 federal workers, is introducing legislation to make it easier for government employees removed under the Trump administration to rejoin agencies and to deter a future president from undertaking a mass firing of the workforce.

    “The Restoring Employment and Hiring Incentives for Removed Employees (REHIRE) Act would deem any federal employee who was involuntarily removed during the period between Jan. 1, 2025, and Jan. 1, 2027, as preference eligible for competitive service appointments, a special candidate consideration in the federal hiring process normally afforded to veterans or their family members.”

    WUSA9: ‘I’m Ready To Work Seven Days A Week, Ten-Hour Days’ | Fired Federal Workers Flock To Alexandria Job Fair

    “Fired federal workers arrived at George Washington Middle School in Alexandria on Saturday, looking for their next career. A job fair hosted by Virginia Congressman Don Beyer featured more than 40 employers ready to hire now.

    “I think it tells you just how many people have been impacted by cuts already, or how many people are fearful that cuts may be coming to their positions,” said City of Alexandria Mayor Aliya Gaskins. “That’s huge for Alexandria, where we have over 16,000 residents who are federal workers.”

    “Everyone at the job fair, like Marianne Carliez, wished they didn’t have to be.

    “I’m this far away from cleaning houses so I can pay my mortgage,” said Carliez, whose career in foreign aid was cut short in January when federal cuts began. “It’s been 25 years of working hard, and I miss working. That’s just, that’s all I want. I want to work.”

    “Beyer organized the job fair for Carliez and the thousands of people in a similar situation.”

    Black Virginia News: Congressman Beyer’s job fair to assist federal workers and contractors will easily hit over 2,000 people

    WJLA7: New Bill Would Rehire Fired Federal Workers And Reform Probationary Period Rules

    “A group of House Democrats led by Northern Virginia Rep. Don Beyer has introduced two pieces of legislation aimed at rehiring and protecting federal workers.

    “The second bill, the PREP Act, aims to reform the probationary process for federal employees, impacting both new hires and those with new jobs or recent promotions.”

    ALXnow: City Of Alexandria Teams Up With Congressman Beyer For Federal Worker Job Fair On May 3

    “The event aims to connect job seekers with more than 40 companies and organizations looking to hire. Recruiters and hiring managers from various fields, including healthcare, IT, local government, military, consumer electronics, accounting and finance, and federal government professional services, will be there.”

    The Zebra: Beyer Sponsoring Job Fair for Federal Workers, Contractors

    “This fair is specifically for federal workers and contractors who have lost their jobs in recent months. “Every day, I’m hearing from so many of my constituents who have been laid off – or are afraid that they may be the next to lose their jobs,” said Beyer in an email announcement.”

    MIL OSI USA News

  • MIL-OSI USA: Beyer Urges ICE To Improve Treatment Of Detained Scholar Badar Khan Suri

    Source: United States House of Representatives – Representative Don Beyer (D-VA)

    U.S. Representative Don Beyer (D-VA) today pressed Immigration and Customs Enforcement (ICE) to reevaluate its detention of his constituent, Georgetown postdoctoral fellow Dr. Badar Khan Suri. In a letter, Beyer urged ICE to consider Dr. Khan Suri’s eligibility for release and to reevaluate his custody classification.

    Dr. Khan Suri is a legally admitted visiting scholar with no prior criminal record, he has not been charged with a crime, and the obscure immigration provision with which he has been charged is not a ground for mandatory detention. However, he is currently held in ICE custody at the Prairieland Detention Center in Alvarado, Texas where he has been deemed a high-risk custody detainee requiring maximum security control and supervision. Dr. Khan Suri was detained by masked agents outside of his home in Rosslyn and charged with removability under a seldom used, Cold War-era immigration provision allowing the for the deportation of individuals deemed potential foreign policy risks. The Trump Administration is abusing this provision to instill fear and silence dissent on college campuses.

    Rep. Beyer wrote

    “I write about the alarming arrest and detention of Dr. Badar Khan Suri, a J-1 visa holder and postdoctoral fellow at Georgetown University. Dr. Khan Suri is currently held in Immigration and Customs Enforcement (ICE) custody at the Prairieland Detention Center in Alvarado, Texas, where he has been deemed a high-risk custody detainee requiring maximum security control and supervision. However, Dr. Khan Suri has not been charged with a crime and is a legally admitted visiting scholar with no prior criminal record. The obscure immigration provision with which he has been charged does not subject him to mandatory detention. I urge you to reconsider his eligibility for release and at minimum, the reevaluation of his custody classification.

    “Dr. Khan Suri was, within days, transferred to a far-away immigration detention facility in Alexandria, Louisiana and is now being held at the Prairieland Detention Center, 1,300 miles away from his home. Once at the Prairieland Detention Center, Dr. Khan Suri was informed of his classification as a high-risk custody detainee. This classification is typically reserved for serious and violent criminal offenses, institutional disciplinary history, or affiliations to criminal organizations. As a result of the security protocols applied to this high-risk classification, Dr. Khan Suri is only permitted two hours per week of recreation, and he is not permitted to work or spend more time outside his cell. According to legal counsel, Dr. Khan Suri was also initially denied religious accommodations, including Halal food, Ramadan fasting accommodations, a Quran, and a prayer mat.

    “He has not been charged with a crime and has no prior criminal record. The invocation of his removability under 8 U.S.C. §1227(a)(4)(C) does not subject him to mandatory detention, and more importantly, are a violation of his protected speech, viewpoint, religion, national origin, and protected associations. The circumstances surrounding his arrest and detention raise serious concerns about civil liberties and academic freedom. For these reasons, we urge you to reconsider Dr. Badar Khan Suri’s eligibility for release. At minimum, his custody classification should be immediately reevaluated. Additionally, I request any documentation and materials in ICE’s possession related to Badar Khan Suri’s classification decision.”

    Full text of the letter follows below, and a signed copy is available here.

    ***

    Dear Acting Director Lyons:

    I write about the alarming arrest and detention of Dr. Badar Khan Suri, a J-1 visa holder and postdoctoral fellow at Georgetown University. Dr. Khan Suri is currently held in Immigration and Customs Enforcement (ICE) custody at the Prairieland Detention Center in Alvarado, Texas, where he has been deemed a high-risk custody detainee requiring maximum security control and supervision. However, Dr. Khan Suri has not been charged with a crime and is a legally admitted visiting scholar with no prior criminal record. The obscure immigration provision with which he has been charged does not subject him to mandatory detention. I urge you to reconsider his eligibility for release and at minimum, the reevaluation of his custody classification.

    On the evening of March 17, 2025, Dr. Badar Khan Suri, an Indian national with valid J-1 visa status as a visiting scholar, was arrested and detained by masked Department of Homeland Security (DHS) agents outside of his Arlington, Virginia home. Dr. Khan Suri was charged with removability under 8 U.S.C. §1227(a)(4)(C), a rarely invoked immigration provision allowing the government to seek the deportation of individuals deemed potential foreign policy risks by the Secretary of State.

    Dr. Khan Suri is one of many visa-holders across the country, like Mahmoud Khalil, Rumeysa Ozturk, and others, who have been targeted amid President Donald Trump’s pursual of policies to instill fear and silence dissent on college campuses. Such policies are an assault on freedoms protected by the First Amendment to the U.S. Constitution.

    Dr. Khan Suri was, within days, transferred to a far-away immigration detention facility in Alexandria, Louisiana and is now being held at the Prairieland Detention Center, 1,300 miles away from his home. Once at the Prairieland Detention Center, Dr. Khan Suri was informed of his classification as a high-risk custody detainee. This classification is typically reserved for serious and violent criminal offenses, institutional disciplinary history, or affiliations to criminal organizations. As a result of the security protocols applied to this high-risk classification, Dr. Khan Suri is only permitted two hours per week of recreation, and he is not permitted to work or spend more time outside his cell. According to legal counsel, Dr. Khan Suri was also initially denied religious accommodations, including Halal food, Ramadan fasting accommodations, a Quran, and a prayer mat.

    At the time of his arrest, Dr. Khan Suri was a postdoctoral fellow at the Alwaleed Bin Talal Center for Muslim-Christian Understanding at the Edmund A. Walsh School of Foreign Service at Georgetown University in Washington, DC, where he was teaching a course on Majoritarianism & Minority Rights in South Asia. He is married to a U.S. citizen of Palestinian descent, with whom he has three children: a nine-year-old son and five-year-old twins – a boy and a girl.

    He has not been charged with a crime and has no prior criminal record. The invocation of his removability under 8 U.S.C. §1227(a)(4)(C) does not subject him to mandatory detention, and more importantly, are a violation of his protected speech, viewpoint, religion, national origin, and protected associations. The circumstances surrounding his arrest and detention raise serious concerns about civil liberties and academic freedom. For these reasons, we urge you to reconsider Dr. Badar Khan Suri’s eligibility for release. At minimum, his custody classification should be immediately reevaluated. Additionally, I request any documentation and materials in ICE’s possession related to Badar Khan Suri’s classification decision.  

    Thank you for your attention to this critical matter. I look forward to your response regarding his release and documents pertaining to his classification decision. Please respond no later than May 12, 2025.

    MIL OSI USA News

  • MIL-OSI USA: Golden statement on President Trump’s budget proposal

    Source: United States House of Representatives – Congressman Jared Golden (ME-02)

    WASHINGTON — Congressman Jared Golden (ME-02) released the following statement today following the release of President Donald Trump’s FY 2026 budget proposal:

    “Right now, my focus is on opposing the GOP’s reconciliation plan to fund tax cuts for the wealthy by slashing health care for my constituents and running up the deficit. 

    “Looking ahead to the president’s FY 2026 budget request, I can’t co-sign a plan to eliminate LIHEAP, which would leave tens of thousands of Maine households in the cold. However, there are other areas where we may be aligned; For example, I support in principle the president’s proposals to increase funding for law enforcement at our border and in our international trade. These are policy priorities I could support. 

    “My staff and I will continue to review the details of the president’s budget request, while remaining focused on protecting health care this year.”

    This year, GOP majorities in Congress have pushed ahead with a budget reconciliation plan that would gut health care programs to fund the renewal of tax cuts that overwhelmingly benefit the wealthiest households. The plan would add trillions of dollars to the national deficit.

    Golden voted against the reconciliation plan that set Congress down this reckless path in February and again in April

    ###

    MIL OSI USA News

  • MIL-OSI USA: International Falls Student Wins Congressional Art Competition Hosted by Congressman Stauber

    Source: United States House of Representatives – Congressman Pete Stauber (MN-08)

    WASHINGTON, D.C. – Today, Congressman Pete Stauber (MN-08) announced Nicholas Schrock, a homeschooled sophomore from International Falls, as the winner of the 2025 Congressional Art Competition. The winning entry, titled “Summer Evenings at Kakabeka Falls,” is an oil painting on canvas depicting a family on vacation. It will now hang in the U.S. Capitol alongside the winning artwork from other Congressional Districts for one year. 

    “Congratulations to this year’s Congressional Art Competition winner, Nicholas Schrock,” said Congressman Stauber. “I am excited to pass this beautiful piece of artwork in the hallway every time I head to the Capitol for votes. I’m grateful to all the students who submitted their work and shared their talents with us. It’s clear that Minnesota’s 8th District is filled with many creative young artists.”

    The Congressional Art Competition takes place each spring. Students are encouraged to visit Congressman Stauber’s website to learn more. 

    ###

    MIL OSI USA News

  • MIL-OSI USA: Nadler, Menendez, Malliotakis Introduce Legislation to Ban Non-Essential Helicopters in Wake of Hudson River Tragedy 

    Source: United States House of Representatives – Congressman Jerrold Nadler (10th District of New York)

    WASHINGTON, DC – Today, Representatives Jerrold Nadler (D-NY), Rob Menendez (D-NJ), and Nicole Malliotakis (R-NY) introduced the Improving Helicopter Safety Act, which bans all non-essential helicopter traffic within a 20-mile radius of the Statue of Liberty. The bill comes in the wake of the tragic crash of an air tourism helicopter into the Hudson River on April 10, which claimed the lives of six people.  

    “The tragic helicopter crash last month on the Hudson River was not an isolated incident; it was the latest in a long line of preventable tragedies in the New York metropolitan region’s increasingly crowded and poorly regulated airspace,” said Congressman Jerrold Nadler. “For far too long, non-essential helicopter flights have endangered public safety and shattered the peace of our neighborhoods. I am proud to introduce the bipartisan Improving Helicopter Safety Act with my colleagues, Rob Menendez and Nicole Malliotakis, to finally put an end to these dangerous flights in our region. We owe it to the victims, and to every resident living beneath these flight paths, to put safety first and prevent future disasters.” 

    “While we have consistently worked to address the impact of non-essential helicopters on our communities, last month’s tragic crash should be a clarion call for every level of government to take action on helicopter safety,” said Congressman Rob Menendez. “Rising congestion of non-essential helicopters, coupled with concerning safety records of air tourism operators, are causing a direct threat to public safety. Along with my colleagues from New Jersey and New York, we’re doing what is necessary to prevent tragedies like this from happening again.”  

    “The tragic crash that claimed six lives in the Hudson River isn’t an isolated event, it’s the clearest sign yet of an industry that has operated without meaningful oversight for far too long and continues to pose an unacceptable public safety threat,” said Congresswoman Nicole Malliotakis. “Congress must take action, which is why I’m joining my colleagues to introduce this bipartisan legislation to ban non-essential helicopter traffic within a 20-mile radius of the Statue of Liberty and finally rein in these helicopter tour companies.” 

    The crash on April 10 is part of a well-documented and escalating pattern of helicopter-related incidents in the New York Metropolitan Area. Since 1983, there have been at least 30 helicopter crashes in the region, resulting in at least 31 fatalities. In addition to furthering ongoing frustration over air traffic congestion in the region, this year’s crash also shed new light on serious concerns about regulatory oversight and operational standards for non-essential helicopter operations. 

    The bill is cosponsored by Representatives Grace Meng, Nydia Velázquez, and LaMonica McIver.  

    It is also supported by the grassroots advocacy organization Stop The Chop NY/NJ: “Stop the Chop NY/NJ commends Representatives Jerry Nadler, Rob Menendez, and Nicole Malliotakis for today’s introduction of the ‘Improving Helicopter Safety Act of 2025’ – common sense federal legislation that will, when passed, finally put an end to the dangerous helicopter conditions in the New York metropolitan area. For too long, tax-paying New Yorkers and Jerseyites have been subjected to excessive noise and air pollution, as well as the safety risks, of endless sightseeing and commuter helicopters flying, often at extremely low altitudes, over our homes, parks, and schools. We have sounded the alarm each time one of these nonessential helicopters has crashed while traversing our densely populated urban areas. However, the FAA has still not addressed the community’s concerns, harms, and pleas for relief. The multiple recent fatal crashes involving helicopters, coupled with the alarming shortage of air traffic controllers, demonstrate the need for immediate reform of the current Wild West-like conditions over NYC and surrounding communities. We also thank the additional Congressional co-sponsors: Representatives Grace Meng, Nydia Velázquez, and LaMonica McIver. This non-partisan issue negatively impacts all who live or work near the NYC and NJ heliports and/or along the helicopter flight paths. It is heartening to see our elected officials joining forces across state lines and party affiliations to end this public harm.” 

    For full bill text, click here. 

    ### 

    MIL OSI USA News

  • MIL-OSI USA: Affordability Actions in the FY26 Budget to Benefit Families

    Source: US State of New York

    arlier today, Governor Kathy Hochul visited Kamil and Karolina Kolodziejczyk — parents of two children — on Long Island to discuss her affordability agenda in the Fiscal Year 2026 Executive Budget. The Governor highlighted her efforts to increase the child tax credit, expand child care access, issue New York State’s first-ever inflation refund checks, deliver a tax cut for middle-class and low-income New Yorkers, and provide free breakfast and lunch for every K-12 student in New York — all efforts to put more money back in families’ pockets.

    B-ROLL of the Governor meeting the Kolodziejczyk family is available to stream on Youtube here and TV quality video is available here (h.264, mp4).

    VIDEO: The Governor’s conversation with the Kolodziejczyk family is available to stream on YouTube here and TV quality video is available here (h.264, mp4).

    AUDIO: The Governor’s conversation with the Kolodziejczyk family is available in audio form here.

    A rush transcript of the Governor’s conversation with the Kolodziejczyk family is available below:

    Governor Hochul: But I just want to talk to you about some of the stresses that families are feeling now and — you’ve got the two little ones, 5-year-old and a 3-year-old.

    Kamil Kolodziejczyk: Yep. 3-year-old and a 5-year-old.

    Governor Hochul: And I know a 3-year-old. I have got a 3-year-old granddaughter now. She just had her birthday, so I know this age very well and I’m a mom, so it’s great to see this. But, what’s it like? I mean, you worry about grocery shopping and what’s it like when you have to go to the counter it all adds up? Are you seeing any — what’s it like?

    Kamil Kolodziejczyk: Oh yeah. Everything got so expensive in a few years. This one was born five years ago, and that’s when COVID happened and lost the job, laid off and it got tough.

    Governor Hochul: How long were you laid off when COVID hit?

    Kamil Kolodziejczyk: I got laid off and I went and opened my own business with a chance and business, you know, going into HVAC.

    Governor Hochul: That was ambitious. How’s that going for you?

    Kamil Kolodziejczyk: It’s going well. It’s going well. Now especially in this weather; it got really, really warm lately, so people call — we’re doing installation service. When my second son was born, my wife had to take a week from work and stay-at-home because daycare got really expensive and the needs for the kids and everything.

    Governor Hochul: Same thing happened to me — when I had my job, my son was born and then child care was not really available. I just couldn’t find much child care and it was very expensive. And so, I just ended up staying home too. So we went from having two incomes — my husband was working for the government and we went and eliminated my income — and that was when I would go to the newspapers, and cut out the coupons, and go to the big-box stores and just, yeah; you load up the big cart, and buy the diapers in bulk, and paper towels, and toilet, detergent, dishwashing liquid.

    Karolina Kolodziejczyk: Costco is my favorite.

    Governor Hochul: Costco. There a BJ’s. Or just even going to Walmart, but even those prices are going up, right?

    Kamil Kolodziejczyk: Yeah. I go get the water for a week or something. It’s $100, $20 and it goes in price. Water, drinks — pull up the cart and so, definitely the prices went up, you know?

    Governor Hochul: So you got hit with COVID —

    Kamil Kolodziejczyk: Yeah.

    Governor Hochul: — lost your job, came back to work, inflation hits you..

    Kamil Kolodziejczyk: Inflation — the rate for the house, it’s over 6 percent.

    Governor Hochul: Yeah, yeah.

    Kamil Kolodziejczyk: So the payment —

    Governor Hochul: Interest rates were going up when you bought your house and then you have property taxes.

    Kamil Kolodziejczyk: Taxes up. Yeah.

    Governor Hochul: Also, especially important here on Long Island is the state and local tax deduction — and back in 2017, that was eliminated by the president who’s in office now; that was a big tax increase for New Yorkers. New Yorkers right now are sending $12 billion because of losing the state and local tax reduction. So you’re not able to deduct all your taxes, are you?

    Kamil Kolodziejczyk: No, we’re over —

    Governor Hochul: You’re over the limit. So that’s money that you know you should have back in your pocket, not sending to the federal government. And that’s something that’s really a problem. So, have you ever had to make decisions about what not to buy? Like you want to do some —

    Karolina Kolodziejczyk: I do want — like some of the little things for the children and even clothes for them, like do I need that?

    Kamil Kolodziejczyk: Thank God we got two boys. So one after another saving too.

    Governor Hochul: They’re always outgrowing their clothes, aren’t they?

    Karolina Kolodziejczyk: Yeah. It’s like every year, the whole — everything new for him, so. Thank God, Benjamin. But if it’s still not ripped, he could use it.

    Kamil Kolodziejczyk: They’re boys, you know? They’re (inaudible).

    Governor Hochul: They’re rough on clothes, boys, aren’t they? I know that, I know that. We used to get clothes at used clothing stores and put it on layaway. You can’t buy it right when you want to buy it so you put it aside and have to come get it later. So, you know, that’s hard. It’s hard.

    Karolina Kolodziejczyk: It is hard, and like I said, I do cook at home so getting the groceries, everything we need — it’s a lot.

    Kamil Kolodziejczyk: Obviously the vehicles, you got to get bigger because you got car seats with little kids.

    Governor Hochul: That’s right.

    Kamil Kolodziejczyk: If you had three kids, you got a problem because what are you going to do with it? You can’t put the three car seats in the back of the vehicle. Having a bigger family, you can’t even think of nowadays.

    Governor Hochul: Are you going to have a bigger family?

    Kamil Kolodziejczyk: No, it’s — you know.

    [Laughter]

    Governor Hochul: I didn’t want to pry.

    Kamil Kolodziejczyk: People that consider a bigger family, they have got to think twice, you know?

    Governor Hochul: Yeah, they do. Cost of child care, in some cases, is as much as a first year of college education in a public university or college. Right? I mean, it’s so much — such a big chunk out of family’s lives and so, we’re very focused on that. You know, everything you’re talking about is not unique to you, and a lot of it is out of your control — pandemic, and inflation, and now tariffs are making all the products that even go into the less expensive stores like Walmart or Target; those products are coming from China and there’s now additional costs on them because of the tariffs. So it’s just all adding up. And, I know you feel it, right?

    Kamil Kolodziejczyk: Yeah, a hundred percent. Can of all the awful things that we wish —

    Karolina Kolodziejczyk: It’s going up.

    Governor Hochul: Yeah. And the bills, utility bills and everything. Well, we’re focused on that in government to put you on my Budget. I just wrapped it up and I think it’ll be done another day officially — I’ve been done with my priorities for a little while. I really wanted to figure out a way to put money back in people’s pockets, and it’s people like you — I’ve been thinking about that. Again, none of this you asked for; you came here in search of the American Dream all the way from Poland — that joy of home ownership, which is becoming too rare for people, especially here in Long Island because it’s so expensive. You’re raising your boys here and that’s all good, but sometimes it all feels like it just comes crashing down.

    Kamil Kolodziejczyk: Yeah, every month, the first, you’ve got to pay the mortgage, there’s a tax bill comes in, there’s insurance, repairs around the house. So, yeah, it’s definitely —

    Governor Hochul: So my goal is to put more money back in your pockets. I talked about my priorities back when I announced my Budget. I said, “Your family is my fight,” as your executive — families that I’m thinking about. So we have found a way, working with the Legislature, to first of all have a middle class tax cut, which will benefit about 80 percent of people on Long Island. About 1.3 million will be able to get part of this tax cut. We also are looking at families like yours, and we just talked about how expensive they are, they outgrow everything. So for families with four-year-olds or under, we’ll give a $1,000 direct rebate to you, and for the kids that are over four, $500.

    Kamil Kolodziejczyk: Wow, that’s great.

    Governor Hochul: Sound good?

    Kamil Kolodziejczyk: Yeah, we could definitely use it. Definitely use it.

    Governor Hochul: What would you do with that?

    Kamil Kolodziejczyk: Oh, definitely we are going to spend it on first needs — stuff that is needed for the kids. And the summer is coming so we, obviously you want to spend some time with the kids. So maybe that will let us take some time off and maybe go spend more time with the kids doing a little bit, out of trouble.

    Governor Hochul: That’s not all. We have the inflation rebate. What does that mean? Because you paid so much more over the last few years because everything was higher, we collected more at the state level because of the sales tax. Right? So sales tax — we collected more so we had this surplus there, which some would say we should spend on other things, or some would say we should just stash away. And I said, “No, this is not our money. It belongs to you because you had to pay more. You didn’t ask for that.” And so, the money we accumulated there we were able to give a family like yours an additional $400.

    Kamil Kolodziejczyk: Wow.

    Governor Hochul: So $400 there, and in school districts where they don’t cover the school lunches and breakfast, we’re going to pay for that so children that are struggling and their parents don’t have the money to cover it, they won’t feel a stigma. The kids that have to get it subsidized will be able to get it covered. That’s about $1,600 a year that you can either pay for the school lunch with that, or you can — you won’t have to pay this, it’s free — or you can just not have to make the sandwiches anymore. You won’t have to buy the peanut butter and jelly and all those things that are part of your shopping basket that you don’t have to buy now, and all the little snacks. So when your kids are both school aged, that’ll be $3,200 that you don’t have to spend right there

    Kamil Kolodziejczyk: That’s great. That’s big.

    Governor Hochul: And then a tax rate — the largest middle class tax rate decrease in 70 years. So we’re going to work cutting middle class taxes, the direct rebates, the Child Tax Credit, covering school lunches and breakfasts, and we have calculated, for a family like yours, it should add up to about $5,000 back in your pockets. So that’s the whole goal of my Budget. Was public safety, keeping everybody safe, but also realizing —

    Kamil Kolodziejczyk: There’s a middle class that needs help.

    Governor Hochul: There’s a middle class that needs help, and we get that, and we want you to keep being successful and not have all these stresses that you have. I can’t take them away from you, but maybe just help a little bit. Right?

    Kamil Kolodziejczyk: Of course.

    Karolina Kolodziejczyk: I really appreciate it.

    Governor Hochul: Anything else you need me to know as I head back to Albany and finish up our work?

    Kamil Kolodziejczyk: No, we really appreciated that you remember about the middle class because there’s so many of us around here, not only us, but there’re people that really need that help.

    Governor Hochul: Yeah, people come here, especially our immigrants, people who are living here because you want to contribute and have a better life and build a business and expand that. When I come back someday you’re going to have a big business, lots of employees working all over Long Island.

    Kamil Kolodziejczyk: Hopefully. Hopefully.

    Governor Hochul: Well, Kamil and Karolina, it has been a pleasure just to just catch up with you a little bit, and this is a great reminder to me of why we do what we do and reminds me who we’re fighting for.

    Kamil Kolodziejczyk: Thank you. We appreciate that you remembered and took your time to come and visit us.

    MIL OSI USA News

  • MIL-OSI USA: Cortez Masto, Smith, Rounds Push Bipartisan Legislation to Increase Access to Affordable Housing in Rural Communities

    US Senate News:

    Source: United States Senator for Nevada Cortez Masto
    Washington, D.C. – U.S. Senator Catherine Cortez Masto (D-Nev.) joined Senators Tina Smith (D-Minn.) and Mike Rounds (R-S.D.) on bipartisan legislation to improve federal rural housing programs and strengthen the supply of affordable housing in rural America. The Rural Housing Service Reform Act would represent the most significant Rural Housing Service reforms in decades. 
    “Working families in Silver State should have access to secure, affordable housing no matter where they live,” said Senator Cortez Masto. “This bipartisan legislation would provide vital resources to improve access to affordable housing in our rural communities, from Elko to Ely.”
    The Rural Housing Service expands housing opportunities by offering loans, grants, and rental assistance to rural communities across the country. Rural parts of the country saw only a 1.7% increase in the number of housing units between 2010 and 2020, with almost half of states seeing a decrease in the number of rural units. At the same time, homelessness in rural counties is currently increasing.
    The Rural Housing Service Reform Act would improve and build upon a number of U.S. Department of Agriculture (USDA) rural housing programs. Specifically, the bill would:
    Fix a longstanding problem for properties, known as Sec. 515 properties, that were financed by the USDA decades ago and now have maturing mortgages, by making it easier for non-profits to acquire those properties and by decoupling rental assistance so that assistance doesn’t disappear when those mortgages mature;
    Make permanent a USDA pilot program to make mortgage loans available in Native communities by partnering with local Community Development Financial Institutions (CDFI), lenders designed to provide financing and support to underserved communities;  
    Bring the USDA’s outdated way of measuring incomes in line with the U.S. Department of Housing and Urban Development’s practices;
    Modernize the USDA’s foreclosure process to cut red tape, better protect homeowners, and ensure USDA-owned properties stay affordable;
    Update the rules for the home repair loan program to make it less burdensome to get smaller loans;
    Require USDA to speed up their loan approval process;
    And make much-needed investments in IT so that USDA can process loans more quickly and with less staff time wasted on paperwork or manual data entry.
    This legislation has been endorsed by the National Rural Housing Coalition, Local Initiatives Support Corporation, Housing Assistance Council, Enterprise Community Partners, Mortgage Bankers Association, Council of State Community Development Agencies, Habitat for Humanity International, National Housing Law Project, AARP, Council for Affordable and Rural Housing, Bipartisan Policy Center Action, and the National Association of Counties.
    Supportive statements from endorsing organizations can be found here. The full text of the bill can be accessed here. 
    Senator Cortez Masto is a champion for Nevada’s rural communities, working across the aisle to deliver for families. She ensured rural Nevada communities have better access to federal funds and services through the Rural Partners Network. In the Bipartisan Infrastructure Law, she secured funding for rural schools and over $460 million for broadband. She also made sure the law included her legislation to help rural counties with internet access at local schools and streamline federal broadband funding to improve internet access for rural areas. She’s also introduced legislation to provide funds for homeowners to disaster-proof their houses, including by fireproofing, which is particularly important in rural and remote communities. Recently, she reintroduced the HOME and PRICE Acts to increase the supply of and access to affordable housing. 

    MIL OSI USA News

  • MIL-OSI USA: Sen. Banks, Rep. Mrvan Push for Northwest Indiana Hydrogen Hub

    Source: United States House of Representatives – Congressman Frank J. Mrvan (IN)

    Washington, D.C – Senator Jim Banks (R-Ind.) and Representative Frank Mrvan (IN-01) sent a bipartisan letter to Energy Secretary Chris Wright urging the Trump administration to prioritize Northwest Indiana as a regional Hydrogen Hub.  They highlighted the region’s unmatched manufacturing strength, existing energy infrastructure, and readiness to lead in blue hydrogen production using natural gas and carbon capture.  The lawmakers argued that investing in Indiana’s hydrogen project would support President Trump’s push for American energy dominance, create jobs, lower costs, and strengthen the U.S. industrial base for decades to come.

    In part, the letter reads:  “Prioritizing a Hydrogen Hub in Northwest Indiana is a bold, pro-America decision that plays to our state’s strengths.  Indiana offers the Hoosier workforce, infrastructure and industrial knowledge to deliver results fast.  This project is a key step in strengthening America’s energy dominance, ensuring we remain the world leader in energy production while creating jobs and boosting economic growth.  We respectfully ask that the Administration make the Hydrogen Hub project in Indiana a top priority.”

    The full text of the letter is below and a pdf is available here.

    We write today to express our strong support for the ongoing development of blue hydrogen energy in Northwest Indiana’s industrial corridor. 

    This region is home to a dense manufacturing hub, containing the largest inland oil refinery and two of the largest integrated steel production facilities in our nation.  For over a century, major industry titans have made decisions to invest and locate along Northwest Indiana’s Lake Michigan shoreline.  As a result, Hoosiers in the Northwest region and across the state have been world leaders in manufacturing.

    Keeping in line with President Trump’s efforts to bolster American energy, this Hydrogen Hub presents a significant opportunity to expand energy production.  In particular, the Whiting “Refinery in Northwest Indiana is an ideal location for blue hydrogen production, which is produced from clean and reliable natural gas using carbon capture technology.  Blue hydrogen offers a quick, cost-effective solution by utilizing existing infrastructure, and will provide a scalable energy source capable of meeting immediate energy demands.  Investing in blue hydrogen production at this facility will bolster existing supply chains and will best position the United States for energy dominance. 

    Further, we believe the success of the hydrogen energy project will support the Administration’s stated goal to reshore our critical industries and strengthen our manufacturing base.  With our region’s established downstream infrastructure, midstream pipeline capacity and manufacturing prowess, the continued support for this project will ensure that our energy and steel industries remain well positioned for success into the next century. 

    Notably, the Whiting Refinery in Northwest Indiana can process up to 440,000 barrels of crude oil daily and would be an ideal site to locate a regional Hydrogen Hub.  Continuing this project means investing in Hoosiers and a state that delivers.  Indiana is ready to lead the way in blue hydrogen innovation, strengthening American manufacturing, boosting our domestic energy supply and lowering costs by maximizing the potential of our abundant and reliable fossil fuel resources.

    Prioritizing a Hydrogen Hub in Northwest Indiana is a bold, pro-America decision that plays to our state’s strengths.  Indiana offers the Hoosier workforce, infrastructure and industrial knowledge to deliver results fast.  This project is a key step in strengthening America’s energy dominance, ensuring we remain the world leader in energy production while creating jobs and boosting economic growth.  We respectfully ask that the Administration make the Hydrogen Hub project in Indiana a top priority.

    Thank you for your consideration.

    ###

    MIL OSI USA News

  • MIL-Evening Report: Crikey, ChatGPT’s gone bush! How AI is learning the art of Aussie slang

    Source: The Conversation (Au and NZ) – By Ross Yates, Lecturer, Project Management, Edith Cowan University

    Shutterstock

    Ever tried to explain why a sausage would be referred to as a “snag” while overseas, or why the toilet is the “dunny”? If you found this challenging, spare a thought for large language models (LLMs) such as ChatGPT, which have to contend with slang terms from all over the world.

    Is it possible for AI to decipher the strange “code” that is Australian slang, given all the nuance and cultural references loaded into it?

    Cracking the code

    LLMs don’t “understand” language like we do. Rather, they are trained on massive quantities of online text data (including websites, news articles and books) to learn patterns between words. They can then mimic these patterns to produce human-like responses.

    So it follows that unless AI systems can mingle with people in informal real-world settings – or can access TV shows such as Kath and Kim – they’re unlikely to grasp the finer points of our real-world conversations.

    Take words such as “cooked” and “random”, which can have different meanings in different contexts. Or consider the phrase “flat out like a lizard drinking”. What could it mean? Is the speaker comparing themselves to a thirsty reptile sprawled out under a dripping tap?

    The phrase actually refers to being very busy, by using the visual metaphor of a lizard’s fast-moving tongue. While an AI may not make this connection, many people living in Australia will have a lifetime of experience that helps them understand the message being conveyed.

    To further complicate matters, Aussie slang continues to evolve, and doesn’t always follow the rules of grammar and structure.

    Slang phrases tend to follow a looser sentence structure and are often filled with idioms, metaphors, abbreviations and culturally-specific humour. Australian language expert Roland Sussex estimates we use more than 5,000 abbreviations and diminutives.

    Slang also changes from one generation to the next. For instance, one 2010 study suggests older Australians are more likely to shorten words with an “ie” or “o” sound, such as “truckie” instead of “truck driver” and “ambo” instead of ambulance. Young Australians, meanwhile, are more likely to clip words or add an “s”, such as “mobes” for mobile phone.

    Are we there yet?

    Can AI chatbots learn Aussie slang? There is evidence many are already developing a broad understanding of the most frequently used terms and their current interpretations.

    For example, “give it a crack” and “mozzie” are both understood by Amazon’s Alexa.

    In 2021, Alexa partnered with local celebrity Sophie Monk and comedy duo The Inspired Unemployed to incorporate a large collection of Aussie slang into its vocabulary. The personal AI assistant even comes with an Aussie accent feature.

    Keeping up-to-date with changing Aussie slang terms, interpretations and regional dialects is a resource-intensive undertaking. Nonetheless, ChatGPT and other LLMs have made progress on this front, as this example shows:


    ChatGPT/screenshot

    Some chatbots, such as Perplexity AI, can scour the internet in real-time to try and find the best possible response to an input.

    Trying to peek inside

    LLMs continue to advance in their sophistication and capabilities. The most recent models such as GPT 4o, DeepSeek and Claude 3.7 even incorporate “thinking” to tackle more complex tasks by displaying an internal “thought process” before revealing their answer.

    However, research has shown many AI models, when prompted, won’t always reveal the full “chain-of-thought” they followed to arrive at a particular answer.

    This makes it harder for us to understand the models’ intentions and reasoning processes. So while they may be learning to adapt and respond to our niche slang and cultural references, in many ways they remain a black box.

    Beyond that, AI models can only regurgitate our own slang back to us. They can’t grasp why it is meaningful. Nor do they understand the important role slang plays in our society.

    Aussie slang is born out of millions of interactions and conversations – and LLMs can only ever respond to our use of it. To create it remains an entirely human endeavour.

    Ross Yates 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. Crikey, ChatGPT’s gone bush! How AI is learning the art of Aussie slang – https://theconversation.com/crikey-chatgpts-gone-bush-how-ai-is-learning-the-art-of-aussie-slang-253939

    MIL OSI AnalysisEveningReport.nz

  • MIL-Evening Report: AI systems are built on English – but not the kind most of the world speaks

    Source: The Conversation (Au and NZ) – By Celeste Rodriguez Louro, Associate professor, Chair of Linguistics and Director of Language Lab, The University of Western Australia

    Reihaneh Golpayegani / Better Images of AI, CC BY

    An estimated 90% of the training data for current generative AI systems stems from English. However, English is an international lingua franca with about 1.5 billion speakers worldwide, and countless varieties.

    So whose English is today’s technology based on? The answer is primarily the English of mainstream America.

    This is no accident. Mainstream American English is entrenched in the digital infrastructure of the internet, in Silicon Valley’s corporate priorities, and in the data sets that fuel everything from autocorrect to AI-generated synthetic text.

    The consequence? AI models produce a monolithic version of English that erases variation, excludes minoritised and regional voices, and reinforces unequal power dynamics.

    The hegemony of mainstream American English

    The proliferation of American English online is a result of historical, economic and technological factors. The United States has been a dominant force in the development of the internet, content creation, and the rise of tech giants such as Google, Meta, Microsoft and OpenAI.

    Unsurprisingly, the linguistic norms embedded in products by these companies are overwhelmingly mainstream American.

    A recent study found that speakers of non-mainstream English were frustrated with the “homogeneity of AI accents” in voice-cloning and speech-generation technologies. One participant noted the predominant mainstream American accents in the voices available, stating the technologies had been built “with some other people in mind”.

    Mainstream varieties of English have long reigned as the “standard” against which other varieties are weighed.

    To take a single example from the US, linguistics research by John Baugh found that using different accents can determine people’s access to goods and services. When Baugh called different landlords about housing advertised in the local newspaper, using a mainstream accent procured him several housing inspections while using African-American and Latino accents did not.

    The prestige of mainstream English also underpins algorithmic decisions. The models behind tools such as autocorrect, voice-to-text, or even AI writing assistants are most often trained on mainstream American-centric data. This is often scraped from the web, where US-based media, forums and platforms dominate.

    This means variations in grammar, syntax and vocabulary from other varieties of English are systematically ignored, misinterpreted or outright “corrected”.

    Whose English is perceived as adding value?

    The stakes of this linguistic bias in favour of mainstream English become even higher when AI systems are deployed around the world.

    If an AI tutor fails to understand a Nigerian English construction, who bears the cost? If a job application written in Indian English is marked down by an AI-powered resume scanner, what are the consequences? If an Australian First Nations elder’s oral history is transcribed by voice recognition software and the system fails to capture culturally significant terms, what knowledge is lost or misrepresented?

    These questions are unfolding in real time as governments, educational institutions and corporations adopt AI technologies at scale.

    Englishes, not English

    The idea that there is one “good” or “correct” English is a myth. English is spoken in diverse forms across regions, shaped by local societies, cultures, histories and identities.

    As Noongar writer and educator Glenys Collard and I have written, Aboriginal English has “its own structure, rules and the same potential as any other linguistic variety” and the same is true of other forms of English.

    Indian English, for example, has lexical innovations such as “prepone” (the opposite of postpone). Singapore English (Singlish) integrates particles and syntactic features from Malay, Hokkien and Tamil.

    These are not “broken” forms of English. Each community where English was imposed has gone on to make English its own.

    English, and language more generally, is never static. It adapts to meet the needs of an ever-changing society and its speakers.

    Yet in AI development, this linguistic diversity is often treated as noise rather than signal. Non-standardised varieties are underrepresented in training datasets, excluded from annotation schemes, and rarely feature in evaluation benchmarks.

    This results in an AI ecosystem that is multilingual in theory, but monolingual in practice.

    Toward linguistic justice in AI

    So, what would it look like to build AI systems that recognise and respect a range of different forms of English?

    A shift in mindset is required, from prescribing “correct” language to including many varieties of language. What we need are systems that accommodate linguistic variation.

    This may involve supporting community-led efforts to document and digitise linguistic varieties on their own terms, bearing in mind not all linguistic varieties should be digitised or documented.

    Collaboration across disciplines is also important. It requires linguists, technologists, educators and community leaders working together to ensure AI development is grounded in principles of linguistic justice.

    The goal is not to “fix” language but to create technology that produces just outcomes. The focus should be on changing the technology, not the speaker.

    Embracing Englishes

    English has been a powerful vehicle of empire, but it has also been a tool of resistance, creativity and solidarity. Around the world, speakers have taken the language and made it their own. AI-enabled systems should be built to be as inclusive of this variability as possible.

    So next time your phone tells you to “correct” your spelling, or an AI chatbot misunderstands your phrasing, ask yourself: whose English is it trying to model? And whose English is being left out?

    Celeste Rodriguez Louro has received funding from the Australian Research Council. She is also working with Google on a project seeking to make voice-operated technologies inclusive for First Nations people in Australia.

    ref. AI systems are built on English – but not the kind most of the world speaks – https://theconversation.com/ai-systems-are-built-on-english-but-not-the-kind-most-of-the-world-speaks-249710

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: SiriusPoint reports tenth consecutive quarter of underwriting profits and strong net income of $58m

    Source: GlobeNewswire (MIL-OSI)

    HAMILTON, Bermuda, May 05, 2025 (GLOBE NEWSWIRE) — SiriusPoint Ltd. (“SiriusPoint” or the “Company”) (NYSE:SPNT) today announced results for its first quarter ended March 31, 2025

    • Combined ratio of 95.4% in the first quarter for Core business with underwriting income of $29 million
    • Net premiums written growth of 20%, outpacing gross premiums written growth of 12% in the quarter for Core business, with strong growth from Insurance & Services
    • First quarter return on equity of 12.9%, within 12-15% ‘across the cycle’ return on equity target range
    • $59 million net impact from California Wildfires in the quarter, below guided range from the fourth quarter
    • Book value per diluted common share (ex. AOCI) of $15.15, up 3.5% in the quarter. Balance sheet remains strong with Q1’25 BSCR estimate at 227%
    • During the quarter, AM Best and Fitch affirmed our ratings and revised our outlook to Positive from Stable

    Scott Egan, Chief Executive Officer, said: “2025 has got off to a strong start. Our aim to deliver stable and consistent earnings can be seen with our first quarter return on equity of 12.9%, well within our 12-15% target range as our diverse portfolio performed well against the backdrop of elevated natural catastrophe losses.

    Our growth momentum continues, with Core gross premiums written growing by 12% in the quarter, while net premiums written increased at a faster pace of 20%, as we seek to retain a greater proportion of our increasingly profitable book. The Core underwriting result saw improvements across multiple fronts, with the attritional loss ratio, acquisition cost ratio, and underwriting expense ratios all decreasing and contributing to a 3.0 point reduction in total across these areas.

    Our earnings per share of $0.49 was flat to prior year despite lower net income, demonstrating the significant accretion benefits now being derived from the previously announced share repurchases. Our strong earnings resulted in an increase to book value of 5% in the quarter.

    Our focus will be to maintain this momentum and continue to deliver and improve throughout 2025. We are pleased to see our outlook move to Positive from Stable this year for both AM Best and Fitch. These are important proof points of our progress.”

    First Quarter 2025 Highlights

    • Net income attributable to SiriusPoint common shareholders of $57.6 million, or $0.49 per diluted common share
    • Core income of $47.4 million, including underwriting income of $28.5 million, Core combined ratio of 95.4%
    • Core net services fee income of $19.0 million, with service margin of 30.6%
    • Net investment income of $71.2 million and total investment result of $70.9 million
    • Book value per diluted common share increased $0.77 per share, or 5.3%, from December 31, 2024 to $15.37
    • Annualized return on average common equity of 12.9%

    Key Financial Metrics

    The following table shows certain key financial metrics for the three months ended March 31, 2025 and 2024:

        2025       2024  
      ($ in millions, except for per share data and ratios)
    Combined ratio   91.4 %     84.9 %
    Core underwriting income (1) $ 28.5     $ 44.3  
    Core net services income (1) $ 18.9     $ 18.1  
    Core income (1) $ 47.4     $ 62.4  
    Core combined ratio (1)   95.4 %     91.4 %
    Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders   12.9 %     15.4 %
    Book value per common share (2) $ 15.73     $ 14.92  
    Book value per diluted common share (2) $ 15.37     $ 14.60  
    Book value per diluted common share ex. AOCI (1) (2) $ 15.15     $ 14.64  
    Tangible book value per diluted common share (1) (2) $ 14.21     $ 13.42  
    (1) Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. See definitions in “Non-GAAP Financial Measures” and reconciliations in “Segment Reporting.” Book value per diluted common share ex. AOCI and tangible book value per diluted common share are non-GAAP financial measures. See definition and reconciliation in “Non-GAAP Financial Measures.”
    (2) Prior year comparatives represent amounts as of December 31, 2024.


    First
    Quarter 2025 Summary

    Consolidated underwriting income for the three months ended March 31, 2025 was $54.1 million compared to $89.6 million for the three months ended March 31, 2024. The decrease was primarily driven by increased catastrophe losses from the California wildfires, partially offset by increased favorable development in Property, mainly from reserve releases relating to prior year’s catastrophe events, and in A&H, due to lower than expected reported attritional losses.

    Reportable Segments

    The determination of our reportable segments is based on the manner in which management monitors the performance of our operations, which consist of two reportable segments – Reinsurance and Insurance & Services.

    Collectively, the sum of our two segments, Reinsurance and Insurance & Services, constitute our “Core” results. Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. See reconciliations in “Segment Reporting”. We believe it is useful to review Core results as it better reflects how management views the business and reflects our decision to exit the runoff business. The sum of Core results and Corporate results are equal to the consolidated results of operations.

    Core Premium Volume

    Gross premiums written increased by $109.2 million, or 12.4%, to $989.9 million for the three months ended March 31, 2025 compared to $880.7 million for the three months ended March 31, 2024. Net premiums earned increased by $108.0 million, or 20.9%, to $625.8 million for the three months ended March 31, 2025 compared to $517.8 million for the three months ended March 31, 2024. The increases in premium volume were primarily driven by our Insurance & Services segment, including growth across A&H, expansion of Surety within our Other Specialties business line and continued strategic organic and new program growth in our international business.

    Core Results

    Core results for the three months ended March 31, 2025 included income of $47.4 million compared to $62.4 million for the three months ended March 31, 2024. Income for the three months ended March 31, 2025 consists of underwriting income of $28.5 million (95.4% combined ratio) and net services income of $18.9 million, compared to underwriting income of $44.3 million (91.4% combined ratio) and net services income of $18.1 million for the three months ended March 31, 2024. The decrease in net underwriting results was primarily driven by increased catastrophe losses, partially offset by increased favorable development and lower attritional losses.

    Catastrophe losses for the three months ended March 31, 2025 were $67.9 million, or 10.9 percentage points on the combined ratio, primarily from the California wildfires, compared to minimal losses for the three months ended March 31, 2024. Losses incurred included $34.3 million of favorable prior year loss reserve development for the three months ended March 31, 2025 primarily driven by favorable development in Property, mainly from reserve releases relating to prior year’s catastrophe events, as well as favorable development in A&H, due to lower than expected reported attritional losses, compared to $8.0 million for the three months ended March 31, 2024 driven by decreased ultimate losses in the Credit reinsurance portfolio.

    Net services income remained stable for the three months ended March 31, 2025 compared to the three months ended March 31, 2024. Service margin, which is calculated as Net service fee income as a percentage of services revenues, increased to 30.6% for the three months ended March 31, 2025 from 30.1% for the three months ended March 31, 2024.

    Reinsurance Segment

    Reinsurance gross premiums written were $354.8 million for the three months ended March 31, 2025, an decrease of $1.6 million, or 0.4%, compared to the three months ended March 31, 2024, primarily driven by reduced premiums written in Casualty reflecting underwriting actions to improve profitability, partially offset by increased reinstatement premiums of $8.9 million related to our Property Catastrophe business.

    Reinsurance generated underwriting income of $8.4 million (97.1% combined ratio) for the three months ended March 31, 2025, compared to underwriting income of $39.9 million (84.2% combined ratio) for the three months ended March 31, 2024. The decrease in net underwriting results was primarily driven by increased catastrophe losses of $63.1 million, or 21.8 percentage points on the combined ratio, primarily from the California wildfires, compared to minimal losses for the three months ended March 31, 2024. This was partially offset by increased favorable prior year loss reserve development of $31.8 million for the three months ended March 31, 2025 primarily driven by favorable development in Property, mainly from reserve releases relating to prior year’s catastrophe events, compared to $10.3 million for the three months ended March 31, 2024 primarily driven by decreased ultimate losses in the Credit reinsurance portfolio.

    Insurance & Services Segment

    Insurance & Services gross premiums written were $635.1 million for the three months ended March 31, 2025, an increase of $110.8 million, or 21.1%, compared to the three months ended March 31, 2024, primarily driven by growth across A&H, expansion of Surety within our Other Specialties business line and continued strategic organic and new program growth in our international business.

    Insurance & Services generated segment income of $39.0 million for the three months ended March 31, 2025, compared to $22.5 million for the three months ended March 31, 2024. Segment income for the three months ended March 31, 2025 consists of underwriting income of $20.1 million (94.0% combined ratio) and net services income of $18.9 million, compared to underwriting income of $4.4 million (98.4% combined ratio) and net services income of $18.1 million for the three months ended March 31, 2024. The improvement in underwriting results was primarily driven by our decreased loss ratio mainly from lower attritional losses, as well as net favorable prior year loss reserve development of $2.5 million for the three months ended March 31, 2025, mainly in A&H, compared to net adverse prior year loss reserve development of $2.3 million for the three months ended March 31, 2024.

    Investments

    Net investment income and net realized and unrealized investment gains (losses) for the three months ended March 31, 2025 and 2024 were mainly driven by interest income of $63.4 million and $76.9 million, respectively, on our debt securities and short-term investments. The decrease is driven by a lower asset base as of March 31, 2025 after executing various share repurchase transactions in 2024 and 2025.

    Webcast Details

    The Company will hold a webcast to discuss its first quarter 2025 results at 8:30 a.m. Eastern Time on May 6, 2025. The webcast of the conference call will be available over the Internet from the Company’s website at www.siriuspt.com under the “Investor Relations” section. Participants should follow the instructions provided on the website to download and install any necessary audio applications. The conference call will be available by dialing 1-877-451-6152 (domestic) or 1-201-389-0879 (international). Participants should ask for the SiriusPoint Ltd. first quarter 2025 earnings call.

    The online replay will be available on the Company’s website immediately following the call at www.siriuspt.com under the “Investor Relations” section.

    Safe Harbor Statement Regarding Forward-Looking Statements
    This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are subject to known and unknown risks and uncertainties, many of which may be beyond the Company’s control. The Company cautions you that the forward-looking information presented in this press release is not a guarantee of future events, and that actual events may differ materially from those made in or suggested by the forward-looking information contained in this press release. In addition, forward-looking statements generally can be identified by the use of forward-looking terminology such as “believes,” “intends,” “seeks,” “anticipates,” “aims,” “plans,” “targets,” “estimates,” “expects,” “assumes,” “continues,” “guidance,” “should,” “could,” “will,” “may” and the negative of these or similar terms and phrases. Specific forward-looking statements in this press release include, but are not limited to, statements regarding the trend of our performance as compared to the previous guidance, the current insurtech market trends, our ability to generate shareholder value, and whether we will continue to have momentum in our business in the future. Actual events, results and outcomes may differ materially from the Company’s expectations due to a variety of known and unknown risks, uncertainties and other factors. Among the risks and uncertainties that could cause actual results to differ from those described in the forward-looking statements are the following: our ability to execute on our strategic transformation, including re-underwriting to reduce volatility and improve underwriting performance, de-risking our investment portfolio, and transforming our business; the impact of unpredictable catastrophic events, including uncertainties with respect to current and future COVID-19 losses across many classes of insurance business and the amount of insurance losses that may ultimately be ceded to the reinsurance market, supply chain issues, labor shortages and related increased costs, changing interest rates and equity market volatility; inadequacy of loss and loss adjustment expense reserves, the lack of available capital, and periods characterized by excess underwriting capacity and unfavorable premium rates; the performance of financial markets, impact of inflation and interest rates, and foreign currency fluctuations; our ability to compete successfully in the insurance and reinsurance market and the effect of consolidation in the insurance and reinsurance industry; technology breaches or failures, including those resulting from a malicious cyber-attack on us, our business partners or service providers; the effects of global climate change, including wildfires, and increased severity and frequency of weather-related natural disasters and catastrophes and increased coastal flooding in many geographic areas; geopolitical uncertainty, including the ongoing conflicts in Europe and the Middle East and the new presidential administration in the U.S.; global economic uncertainty caused by the imposition and/or announcement of tariffs imposed on the import of certain goods into the U.S. from various countries which may have unpredictable consequences including, but not limited to, inflation or trade wars, potential impact on the Company’s credit and mortgage business and potential increase in credit spread which could impact the Company’s short-term capital and liquidity; our ability to retain key senior management and key employees; a downgrade or withdrawal of our financial ratings; fluctuations in our results of operations; legal restrictions on certain of SiriusPoint’s insurance and reinsurance subsidiaries’ ability to pay dividends and other distributions to SiriusPoint; the outcome of legal and regulatory proceedings and regulatory constraints on our business; reduced returns or losses in SiriusPoint’s investment portfolio; our exposure or potential exposure to corporate income tax in Bermuda and the E.U., U.S. federal income and withholding taxes and our significant deferred tax assets, which could become devalued if we do not generate future taxable income or applicable corporate tax rates are reduced; risks associated with delegating authority to third party managing general agents; future strategic transactions such as acquisitions, dispositions, investments, mergers or joint ventures; and other risks and factors listed under “Risk Factors” in the Company’s most recent Annual Report on Form 10-K and other subsequent periodic reports filed with the Securities and Exchange Commission.

    All forward-looking statements speak only as of the date made and the Company undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise.

    Non-GAAP Financial Measures and Other Financial Metrics

    In presenting SiriusPoint’s results, management has included financial measures that are not calculated under standards or rules that comprise accounting principles generally accepted in the United States (“GAAP”). SiriusPoint’s management uses this information in its internal analysis of results and believes that this information may be informative to investors in gauging the quality of SiriusPoint’s financial performance, identifying trends in our results and providing meaningful period-to-period comparisons. Core underwriting income, Core net services income, Core income, and Core combined ratio are non-GAAP financial measures. Management believes it is useful to review Core results as it better reflects how management views the business and reflects the Company’s decision to exit the runoff business. Book value per diluted common share excluding accumulated other comprehensive income (loss) (“AOCI”) and tangible book value per diluted common share, as presented, are non-GAAP financial measures and the most directly comparable U.S. GAAP measure is book value per common share. Management believes it is useful to exclude AOCI because it may fluctuate significantly between periods based on movements in interest and currency rates. Management believes the effects of intangible assets are not indicative of underlying underwriting results or trends and make book value comparisons to less acquisitive peer companies less meaningful. Reconciliations of such non-GAAP financial measures to the most directly comparable GAAP figures are included in the attached financial information in accordance with Regulation G and Item 10(e) of Regulation S-K, as applicable.

    About the Company

    SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.7 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s. For more information, please visit www.siriuspt.com.

    Contacts

    Investor Relations
    Liam Blackledge – Investor Relations and Strategy Manager
    Liam.Blackledge@siriuspt.com
    + 44 203 772 3082

    Media
    Natalie King – Global Head of Marketing and External Communications
    Natalie.King@siriuspt.com
    + 44 770 728 8817

     
    SIRIUSPOINT LTD.
    CONSOLIDATED BALANCE SHEETS (UNAUDITED)
    As of March 31, 2025 and December 31, 2024
    (expressed in millions of U.S. dollars, except per share and share amounts)
     
      March 31,
    2025
      December 31,
    2024
    Assets      
    Debt securities, available for sale, at fair value, net of allowance for credit losses of $0.0 (2024 – $1.1) (cost – $4,617.0; 2024 – $5,143.8) $ 4,635.2   $ 5,131.0  
    Debt securities, trading, at fair value (cost – $140.9; 2024 – $187.3)   117.6     162.2  
    Short-term investments, at fair value (cost – $48.2; 2024 – $95.3)   48.2     95.8  
    Other long-term investments, at fair value (cost – $437.9; 2024 – $438.2) (includes related party investments at fair value of $220.1 (2024 – $217.2))   317.7     316.5  
    Total investments   5,118.7     5,705.5  
    Cash and cash equivalents   740.3     682.0  
    Restricted cash and cash equivalents   184.9     212.6  
    Due from brokers   18.8     11.2  
    Interest and dividends receivable   42.1     44.0  
    Insurance and reinsurance balances receivable, net   2,240.8     2,054.4  
    Deferred acquisition costs, net   369.3     327.5  
    Unearned premiums ceded   514.3     463.9  
    Loss and loss adjustment expenses recoverable, net   2,335.7     2,315.3  
    Deferred tax asset   293.3     297.0  
    Intangible assets   137.9     140.8  
    Other assets   284.4     270.7  
    Total assets $ 12,280.5   $ 12,524.9  
    Liabilities      
    Loss and loss adjustment expense reserves $ 5,762.6   $ 5,653.9  
    Unearned premium reserves   1,816.8     1,639.2  
    Reinsurance balances payable   1,707.5     1,781.6  
    Deposit liabilities   15.6     17.4  
    Deferred gain on retroactive reinsurance   6.6     8.5  
    Debt   663.5     639.1  
    Due to brokers   6.6     18.0  
    Deferred tax liability   94.2     76.2  
    Share repurchase liability       483.0  
    Other liabilities   180.4     269.2  
    Total liabilities   10,253.8     10,586.1  
    Commitments and contingent liabilities      
    Shareholders’ equity      
    Series B preference shares (par value $0.10; authorized and issued: 8,000,000)   200.0     200.0  
    Common shares (issued and outstanding: 116,020,526; 2023 – 116,429,057)   11.6     11.6  
    Additional paid-in capital   944.7     945.0  
    Retained earnings   842.5     784.9  
    Accumulated other comprehensive income (loss), net of tax   26.4     (4.1 )
    Shareholders’ equity attributable to SiriusPoint shareholders   2,025.2     1,937.4  
    Noncontrolling interests   1.5     1.4  
    Total shareholders’ equity   2,026.7     1,938.8  
    Total liabilities, noncontrolling interests and shareholders’ equity $ 12,280.5   $ 12,524.9  
     
    SIRIUSPOINT LTD.
    CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)
    For the three months ended March 31, 2025 and 2024
    (expressed in millions of U.S. dollars, except per share and share amounts)
     
        2025       2024  
    Revenues      
    Net premiums earned $ 626.7     $ 593.8  
    Net investment income   71.2       78.8  
    Net realized and unrealized investment gains (losses)   (0.3 )     1.0  
    Net investment income and net realized and unrealized investment gains (losses)   70.9       79.8  
    Other revenues   29.7       27.8  
    Loss on settlement and change in fair value of liability-classified capital instruments         (15.9 )
    Total revenues   727.3       685.5  
    Expenses      
    Loss and loss adjustment expenses incurred, net   401.8       317.5  
    Acquisition costs, net   129.7       144.9  
    Other underwriting expenses   41.1       41.8  
    Net corporate and other expenses   60.6       56.0  
    Intangible asset amortization   2.9       2.9  
    Interest expense   18.1       20.5  
    Foreign exchange gains   (2.2 )     (3.7 )
    Total expenses   652.0       579.9  
    Income before income tax expense   75.3       105.6  
    Income tax expense   (13.3 )     (9.7 )
    Net income   62.0       95.9  
    Net income attributable to noncontrolling interests   (0.4 )     (1.1 )
    Net income available to SiriusPoint   61.6       94.8  
    Dividends on Series B preference shares   (4.0 )     (4.0 )
    Net income available to SiriusPoint common shareholders $ 57.6     $ 90.8  
    Earnings per share available to SiriusPoint common shareholders      
    Basic earnings per share available to SiriusPoint common shareholders $ 0.50     $ 0.50  
    Diluted earnings per share available to SiriusPoint common shareholders $ 0.49     $ 0.49  
    Weighted average number of common shares used in the determination of earnings per share      
    Basic   115,975,961       168,934,114  
    Diluted   118,555,166       174,380,963  
     
    SIRIUSPOINT LTD.
    SEGMENT REPORTING
     
      Three months ended March 31, 2025
      Reinsurance   Insurance & Services   Core   Eliminations (2)   Corporate   Segment Measure Reclass   Total
    Gross premiums written $ 354.8     $ 635.1     $ 989.9     $     $ (5.2 )   $     $ 984.7  
    Net premiums written   268.5       483.5       752.0             (9.0 )           743.0  
    Net premiums earned   289.6       336.2       625.8             0.9             626.7  
    Loss and loss adjustment expenses incurred, net   195.3       209.9       405.2       (2.0 )     (1.4 )           401.8  
    Acquisition costs, net   67.1       87.3       154.4       (28.0 )     3.3             129.7  
    Other underwriting expenses   18.8       18.9       37.7             3.4             41.1  
    Underwriting income (loss)   8.4       20.1       28.5       30.0       (4.4 )           54.1  
    Services revenues         62.1       62.1       (30.2 )           (31.9 )      
    Services expenses         43.1       43.1                   (43.1 )      
    Net services fee income         19.0       19.0       (30.2 )           11.2        
    Services noncontrolling income         (0.1 )     (0.1 )                 0.1        
    Net services income         18.9       18.9       (30.2 )           11.3        
    Segment income (loss)   8.4       39.0       47.4       (0.2 )     (4.4 )     11.3       54.1  
    Net investment income                   71.2             71.2  
    Net realized and unrealized investment losses     (0.3 )           (0.3 )
    Other revenues                   (2.2 )     31.9       29.7  
    Net corporate and other expenses                   (17.5 )     (43.1 )     (60.6 )
    Intangible asset amortization                   (2.9 )           (2.9 )
    Interest expense                   (18.1 )           (18.1 )
    Foreign exchange gains                   2.2             2.2  
    Income before income tax expense $ 8.4     $ 39.0       47.4       (0.2 )     28.0       0.1       75.3  
    Income tax expense                       (13.3 )           (13.3 )
    Net income           47.4       (0.2 )     14.7       0.1       62.0  
    Net income attributable to noncontrolling interest                 (0.3 )     (0.1 )     (0.4 )
    Net income available to SiriusPoint   $ 47.4     $ (0.2 )   $ 14.4     $     $ 61.6  
                               
    Attritional losses $ 164.0     $ 207.6     $ 371.6     $ (2.0 )   $ (1.5 )   $     $ 368.1  
    Catastrophe losses   63.1       4.8       67.9                         67.9  
    Prior year loss reserve development   (31.8 )     (2.5 )     (34.3 )           0.1             (34.2 )
    Loss and loss adjustment expenses incurred, net $ 195.3     $ 209.9     $ 405.2     $ (2.0 )   $ (1.4 )   $     $ 401.8  
                               
    Underwriting Ratios: (1)                          
    Attritional loss ratio   56.6 %     61.7 %     59.3 %                 58.8 %
    Catastrophe loss ratio   21.8 %     1.4 %     10.9 %                 10.8 %
    Prior year loss development ratio (11.0)%   (0.7)%   (5.5)%               (5.5)%
    Loss ratio   67.4 %     62.4 %     64.7 %                 64.1 %
    Acquisition cost ratio   23.2 %     26.0 %     24.7 %                 20.7 %
    Other underwriting expenses ratio   6.5 %     5.6 %     6.0 %                 6.6 %
    Combined ratio   97.1 %     94.0 %     95.4 %                 91.4 %
    (1) Underwriting ratios are calculated by dividing the related expense by net premiums earned.
    (2) Insurance & Services MGAs recognize fees for service using revenue from contracts with customers accounting standards, whereas insurance companies recognize acquisition expenses using insurance contract accounting standards. While ultimate revenues and expenses recognized will match, there will be recognition timing differences based on the different accounting standards.
      Three months ended March 31, 2024
      Reinsurance   Insurance & Services   Core   Eliminations (2)   Corporate   Segment Measure Reclass   Total
    Gross premiums written $ 356.4     $ 524.3     $ 880.7     $     $ 25.9     $     $ 906.6  
    Net premiums written   290.1       337.1       627.2             12.1             639.3  
    Net premiums earned   253.6       264.2       517.8             76.0             593.8  
    Loss and loss adjustment expenses incurred, net   124.6       176.5       301.1       (1.4 )     17.8             317.5  
    Acquisition costs, net   69.8       65.2       135.0       (33.2 )     43.1             144.9  
    Other underwriting expenses   19.3       18.1       37.4             4.4             41.8  
    Underwriting income   39.9       4.4       44.3       34.6       10.7             89.6  
    Services revenues         65.8       65.8       (37.1 )           (28.7 )      
    Services expenses         46.0       46.0                   (46.0 )      
    Net services fee income         19.8       19.8       (37.1 )           17.3        
    Services noncontrolling income         (1.7 )     (1.7 )                 1.7        
    Net services income         18.1       18.1       (37.1 )           19.0        
    Segment income   39.9       22.5       62.4       (2.5 )     10.7       19.0       89.6  
    Net investment income                   78.8             78.8  
    Net realized and unrealized investment gains     1.0             1.0  
    Other revenues                   (0.9 )     28.7       27.8  
    Loss on settlement and change in fair value of liability-classified capital instruments     (15.9 )           (15.9 )
    Net corporate and other expenses                   (10.0 )     (46.0 )     (56.0 )
    Intangible asset amortization                   (2.9 )           (2.9 )
    Interest expense                   (20.5 )           (20.5 )
    Foreign exchange gains                   3.7             3.7  
    Income before income tax expense $ 39.9     $ 22.5       62.4       (2.5 )     44.0       1.7       105.6  
    Income tax expense                       (9.7 )           (9.7 )
    Net income           62.4       (2.5 )     34.3       1.7       95.9  
    Net (income) loss attributable to noncontrolling interest                 0.6       (1.7 )     (1.1 )
    Net income available to SiriusPoint   $ 62.4     $ (2.5 )   $ 34.9     $     $ 94.8  
                               
    Attritional losses $ 134.9     $ 174.2     $ 309.1     $ (1.4 )   $ 48.7     $     $ 356.4  
    Prior year loss reserve development   (10.3 )     2.3       (8.0 )           (30.9 )           (38.9 )
    Loss and loss adjustment expenses incurred, net $ 124.6     $ 176.5     $ 301.1     $ (1.4 )   $ 17.8     $     $ 317.5  
                               
    Underwriting Ratios: (1)                          
    Attritional loss ratio   53.2 %     65.9 %     59.7 %                 60.0 %
    Prior year loss development ratio (4.1)%     0.9 %   (1.6)%               (6.5)%
    Loss ratio   49.1 %     66.8 %     58.1 %                 53.5 %
    Acquisition cost ratio   27.5 %     24.7 %     26.1 %                 24.4 %
    Other underwriting expenses ratio   7.6 %     6.9 %     7.2 %                 7.0 %
    Combined ratio   84.2 %     98.4 %     91.4 %                 84.9 %
    (1) Underwriting ratios are calculated by dividing the related expense by net premiums earned.
    (2) Insurance & Services MGAs recognize fees for service using revenue from contracts with customers accounting standards, whereas insurance companies recognize acquisition expenses using insurance contract accounting standards. While ultimate revenues and expenses recognized will match, there will be recognition timing differences based on the different accounting standards.

    SIRIUSPOINT LTD.
    NON-GAAP FINANCIAL MEASURES AND RECONCILIATIONS & OTHER FINANCIAL MEASURES

    Non-GAAP Financial Measures

    Core Results

    Collectively, the sum of the Company’s two segments, Reinsurance and Insurance & Services, constitute “Core” results. Core underwriting income, Core net services income, Core income and Core combined ratio are non-GAAP financial measures. We believe it is useful to review Core results as it better reflects how management views the business and reflects our decision to exit the runoff business. The sum of Core results and Corporate results are equal to the consolidated results of operations.

    Core underwriting income – calculated by subtracting loss and loss adjustment expenses incurred, net, acquisition costs, net, and other underwriting expenses from net premiums earned.

    Core net services income – consists of services revenues which include commissions, brokerage and fee income related to consolidated MGAs, and other revenues, as well as services expenses which include direct expenses related to consolidated MGAs and services noncontrolling income which represent minority ownership interests in consolidated MGAs. Net services income is a key indicator of the profitability of the Company’s services provided.

    Core income – consists of two components, core underwriting income and core net services income. Core income is a key measure of our segment performance.

    Core combined ratio – calculated by dividing the sum of Core loss and loss adjustment expenses incurred, net, acquisition costs, net and other underwriting expenses by Core net premiums earned. Accident year loss ratio and accident year combined ratio are calculated by excluding prior year loss reserve development to present the impact of current accident year net loss and loss adjustment expenses on the Core loss ratio and Core combined ratio, respectively. Attritional loss ratio excludes catastrophe losses from the accident year loss ratio as they are not predictable as to timing and amount. These ratios are useful indicators of our underwriting profitability.

    Book Value Per Diluted Common Share Metrics

    Book value per diluted common share excluding AOCI and tangible book value per diluted common share, as presented, are non-GAAP financial measures and the most directly comparable U.S. GAAP measure is book value per common share. Management believes it is useful to exclude AOCI because it may fluctuate significantly between periods based on movements in interest and currency rates. Tangible book value per diluted common share excludes intangible assets. Management believes that effects of intangible assets are not indicative of underlying underwriting results or trends and make book value comparisons to less acquisitive peer companies less meaningful. Tangible book value per diluted common share is useful because it provides a more accurate measure of the realizable value of shareholder returns, excluding intangible assets.

    The following table sets forth the computation of book value per common share, book value per diluted common share and tangible book value per diluted common share as of March 31, 2025 and December 31, 2024:

      March 31,
    2025
      December 31,
    2024
      ($ in millions, except share and per share amounts)
    Common shareholders’ equity attributable to SiriusPoint common shareholders $ 1,825.2     $ 1,737.4  
           
    Accumulated other comprehensive income (loss), net of tax   26.4       (4.1 )
    Common shareholders’ equity attributable to SiriusPoint common shareholders ex. AOCI   1,798.8       1,741.5  
           
    Intangible assets   137.9       140.8  
    Tangible common shareholders’ equity attributable to SiriusPoint common shareholders $ 1,687.3     $ 1,596.6  
           
    Common shares outstanding   116,020,526       116,429,057  
    Effect of dilutive stock options, restricted share units and warrants   2,708,756       2,559,359  
    Book value per diluted common share denominator   118,729,282       118,988,416  
           
    Book value per common share $ 15.73     $ 14.92  
    Book value per diluted common share $ 15.37     $ 14.60  
    Book value per diluted common share ex. AOCI $ 15.15     $ 14.64  
    Tangible book value per diluted common share $ 14.21     $ 13.42  


    Other Financial Measures

    Annualized Return on Average Common Shareholders’ Equity Attributable to SiriusPoint Common Shareholders

    Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders is calculated by dividing annualized net income available to SiriusPoint common shareholders for the period by the average common shareholders’ equity determined using the common shareholders’ equity balances at the beginning and end of the period.

    Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders for the three months ended March 31, 2025 and 2024 was calculated as follows:

        2025       2024  
      ($ in millions)
    Net income available to SiriusPoint common shareholders $ 57.6     $ 90.8  
    Common shareholders’ equity attributable to SiriusPoint common shareholders – beginning of period   1,737.4       2,313.9  
    Common shareholders’ equity attributable to SiriusPoint common shareholders – end of period   1,825.2       2,402.6  
    Average common shareholders’ equity attributable to SiriusPoint common shareholders $ 1,781.3     $ 2,358.3  
    Annualized return on average common shareholders’ equity attributable to SiriusPoint common shareholders   12.9 %     15.4 %

    The MIL Network

  • MIL-Evening Report: We’ve heard the promises. Now it’s up to Labor to deliver its housing, wages and other economic policies

    Source: The Conversation (Au and NZ) – By Michelle Cull, Associate Professor of Accounting and Financial Planning, Western Sydney University

    With a convincing win for a second term of government, the pressure is now on the new Labor government to deliver the economic policies central to its win.

    Prime Minister Anthony Albanese is wary of breaking promises and now has the opportunity to back this up. So, what are the key economic policies affecting everyday Australians that Labor is now set to deliver?

    In his victory speech, Albanese said Labor would govern for every Australian “who deserves the security of a roof over their head or dreams of owning their own home”.

    First home buyers

    Labor has budgeted A$10 billion to help more Australians buy their first home. This involves providing an extra 100,000 new homes. The government plans to work with the states from July to identify where they should be located.

    Building these homes is expected to take eight years – so the scheme will not be completed during the government’s second term. It will need to work quickly to ensure many of these homes are built while Labor is still in office.

    Helping this is Labor’s policy to increase subsidies to housing apprentices and free TAFE education.

    Also assisting first home buyers is the expansion of the 5% deposit Home Guarantee Scheme. This will allow more first home buyers to buy a home with only a 5% deposit without paying Lenders Mortgage Insurance.

    The expansion will remove income thresholds and increase eligible property price caps to better reflect the market. Further, more people will be able to apply for the scheme.

    The government plans to extend existing and introduce several new policies to help more people buy a home.
    Fizkes/Shutterstock

    In addition, the government is expanding its Help to Buy Scheme by increasing income and property price caps. This enables those on lower incomes to buy a home with a deposit as small as 2%. The government will pay for up to 40% of the cost on their behalf which will ultimately be paid back over time or when the house is sold.

    Both the Help to Buy Scheme and Home Guarantee Scheme are extensions of Labor’s existing policies, so the government should be able to deliver this relatively quickly.

    Increasing supply for all

    Labor’s housing policies are not limited to first home buyers. To further increase housing supply, Labor plans to invest $54 million to speed up the construction of prefabricated and modular homes covered by a new national certification system.

    In addition, a $1.5 billion infrastructure program to speed up the building of roads, sewage and water connections should also help increase supply.

    Labor is on track to build 55,000 social and affordable homes through the Housing Australia Future Fund and the Social Housing Accelerator. Labor is also offering Build to Rent tax incentives to increase affordable housing rental supply by up to 80,000 new rental properties.

    The government has also promised to work with states and territories to strengthen renters’ rights.

    Crisis housing

    Labor has also made promises for those needing crisis housing.

    For women and children fleeing family and domestic violence and for people experiencing homelessness, there is a $1 billion program to provide more crisis and transitional accommodation. There is also $6.2 million of grants for homelessness support.

    Workers’ pay rise

    Labor has advocated to the Fair Work Commission for a wage increase above inflation for workers in low-paid jobs, such as cleaners, retail workers and early childhood educators.

    With inflation currently at 2.4%, we can expect the minimum wage to rise to at least $24.68 an hour. The Fair Work Commission’s next Annual Wage Review should take place before the end of the financial year, with any changes likely to be effective from July.

    Labor has backed an above-inflation wage increase for workers in low paid industries.
    Dejan Dunjerski/Shutterstock

    These wage increases are in addition to the substantial pay increase for aged care nurses as part of the Fair Work Commission’s Aged Care Work Value Case decision.

    Tax cuts

    The much-discussed tax cuts, costing $17 billion, will reduce the 16% tax rate to 15% (for income between $18,201 and $45,000) in the 2026–27 financial year, and to 14% in 2027–28 – just in time for the next election.

    This will save taxpayers $268 and $536, respectively. These tax cuts will be welcomed by many and are likely to increase the labour participation rate. However, more tax reform may be needed to address bracket creep and improve equity in the tax system.

    In addition, Labor has promised an automatic instant tax deduction for work-related expenses for labour income taxpayers.

    This will take effect from the 2026–27 financial year to reduce the burden of record-keeping on taxpayers. It was also promoted as a way of “helping Australians keep more of what they earn”.

    Medicare levy

    While low wages are expected to increase and taxes to decrease, Labor also has plans to increase the low-income thresholds for the Medicare levy by 4.7% for singles, families, and seniors and pensioners from July 1 2024.

    This should bring immediate relief to those on lower incomes who will be exempt from paying the Medicare levy or pay a reduced levy when lodging their returns for the 2024–25 financial year.

    So, what’s next?

    Many of these policy announcements are a step in the right direction – the question lies around their ability to be implemented.

    Albanese admitted in his victory speech that he is an optimist and his aim is to ensure nobody is left behind.

    Once the election hype settles, Labor will need to prove it is delivering on its promises. And, of course, these policies will ultimately have to be paid for. How Labor approaches this in the longer term will become a talking point for the next election.

    Michelle Cull is a member of CPA Australia, the Financial Advice Association Australia and President Elect of the Academy of Financial Services in the United States. Michelle is an academic member of UniSuper’s Consultative Committee. Michelle Cull co-founded the Western Sydney University Tax Clinic which has received funding from the Australian Taxation Office as part of the National Tax Clinic Program. Michelle has previously volunteered as Chair of the Macarthur Advisory Council for the Salvation Army Australia.

    ref. We’ve heard the promises. Now it’s up to Labor to deliver its housing, wages and other economic policies – https://theconversation.com/weve-heard-the-promises-now-its-up-to-labor-to-deliver-its-housing-wages-and-other-economic-policies-255865

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI USA: Larsen to Host Town Hall in Skagit County on Monday, May 12th at 6:00 p.m.

    Source: United States House of Representatives – Congressman Rick Larsen (2nd Congressional District Washington)

    Larsen to Host Town Hall in Skagit County on Monday, May 12th at 6:00 p.m.

    Skagit County, WA, May 5, 2025

    On Monday, May 12th, Rep. Rick Larsen will host an in-person town hall in Skagit County from 6:00 – 7:00 p.m. Rep. Larsen will share information about how he and House Democrats are fighting back against the Trump administration and answer questions from constituents.

    You can RSVP to attend the town hall here: https://larsen.house.gov/forms/form/?ID=13. RSVPs will be first come, first serve and attendance may need to be capped if demand exceeds the capacity of the town hall location. Constituents will be prioritized over non-constituents. Attendees will receive an email on the morning of May 12th with instructions and the exact location of the event.

    If you are unable to attend in-person, the town hall will be livestreamed on Rep. Larsen’s Instagram and Facebook pages, and it will be posted on his YouTube page following the event. Constituents who are unable to attend are encouraged to contact Rep. Larsen with their questions and feedback at larsen.house.gov/contact.

    This event is open to the press. Press should RSVP directly to Pam Larkin at Pam.Larkin@mail.house.gov rather than using the form. Location will be provided upon RSVP.

    ###

    MIL OSI USA News

  • MIL-OSI USA: Booker, Schiff, Whitehouse Fight Proposed Defanging of Endangered Species Act, Demand Answers on Potential Gutting of Landmark Environmental Law

    US Senate News:

    Source: United States Senator for New Jersey Cory Booker
    WASHINGTON, D.C. – Today, U.S. Senators Cory Booker (D-NJ), Adam Schiff (D-CA), and Sheldon Whitehouse (D-RI) raised the alarm on the Trump administration’s proposed rule that would defang the Endangered Species Act (ESA) by changing a key definition in the regulation. 
    The Trump administration is proposing to change the scope of “harm” covered by the landmark legislation, circumventing congressional intent and reversing 30 years of Supreme Court precedent. 
    “By amputating this critical part of Endangered Species Act rules that has been on the books for more than 40 years, the administration would permit the widespread degradation and elimination of habitat for species that Congress enacted the Endangered Species Act to protect,” the Senators wrote.  
    In their letter to the U.S. Departments of the Interior and Commerce, the Senators also demand answers about the potential of outside influence pushing a deregulatory agenda that could devastate environmental protection efforts across the United States. Their letter also expresses concern about the ability for these departments to enforce the ESA in any capacity amid ongoing efforts to gut federal environmental agencies.                                                                                                                 
    “Combined with efforts by the administration and DOGE to expel expert personnel from federal agencies like FWS and the National Ocean and Atmospheric Administration – which houses NMFS – and starve these agencies of resources, the proposed rule raises the question of how FWS and NMFS will be able to enforce the Endangered Species Act at all,” the Senators wrote. 
    The full letter can be found here. 

    MIL OSI USA News

  • MIL-OSI Security: Jury Finds Maryland Man Guilty of First-Degree Murder in Killing of Man in Georgetown

    Source: Office of United States Attorneys

    WASHINGTON – Ranje Reynolds, 28, of Beltsville, Maryland, was found guilty today by a jury of first-degree murder while armed and other charges related to a shooting that took place on a January evening on M Street in Georgetown, announced U.S. Attorney Edward R. Martin Jr. and Chief Pamela Smith, of the Metropolitan Police Department (MPD).

    Superior Court Judge Jason Park scheduled sentencing for July 25, 2025.

    According to the government’s evidence, as of Jan. 31, 2022, the defendant and Mr. Tarek Boothe were friends who had worked together for two years at the marijuana dispensary located at 1204 Eton Court. Despite their friendship, at some point earlier that evening, the defendant and Mr. Boothe got into a fight at the dispensary. Around 6:00 p.m., Mr. Boothe left the dispensary and went to the corner of 33rd and M Street N.W., where he was waiting for his ride home. The defendant followed Mr. Boothe and sat next to Mr. Boothe as Mr. Boothe was waiting for his ride. The defendant then left briefly and returned seconds later to shoot Mr. Boothe in the eye, killing him. The defendant fled to Jamaica on Feb. 3, 2022. He was returned to the United States to face criminal charges on Sept. 15, 2022.

    This case was investigated by the Metropolitan Police Department. It was prosecuted by Assistant U.S. Attorneys Natalie Hynum and Jessica Keefer.  

    MIL Security OSI

  • MIL-OSI: Aterian Sets Date for First Quarter 2025 Earnings Announcement & Investor Conference Call

    Source: GlobeNewswire (MIL-OSI)

    SUMMIT, N.J., May 05, 2025 (GLOBE NEWSWIRE) — Aterian, Inc. (Nasdaq: ATER) (“Aterian” or the “Company”), a technology-enabled consumer products company, today announced that it will issue its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14, 2025 after the close of the stock market. The Company will host a corresponding conference call at 5:00 p.m. ET that day to discuss the results.

    Investors interested in participating in the live call can dial:

    • (800) 715-9871 (Domestic)
    • (646) 307-1963 (International)
      Passcode: 1616427

    Participants may also access the call through a live webcast at https://ir.aterian.io. The archived online replay will be available for a limited time after the call in the investors section of the Aterian corporate website.

    About Aterian, Inc.
    Aterian, Inc. (Nasdaq: ATER) is a technology-enabled consumer products company that builds and acquires leading e-commerce brands with top selling consumer products, in multiple categories, including home and kitchen appliances, health and wellness and air quality devices. The Company sells across the world’s largest online marketplaces with a focus on Amazon, Walmart and Target in the U.S. and on its own direct to consumer websites. Our primary brands include Squatty Potty, hOmeLabs, Mueller Living, PurSteam, Healing Solutions and Photo Paper Direct. To learn more about Aterian and its brands, visit aterian.io

    Contact: 
    The Equity Group

    Devin Sullivan
    Managing Director
    dsullivan@equityny.com

    Conor Rodriguez
    Associate
    crodriguez@equityny.com

    The MIL Network

  • MIL-OSI: GigaCloud Technology Inc. to Announce First Quarter 2025 Financial Results and Host Conference Call on May 12, 2025

    Source: GlobeNewswire (MIL-OSI)

    EL MONTE, Calif., May 05, 2025 (GLOBE NEWSWIRE) — GigaCloud Technology Inc. (Nasdaq: GCT) (“GigaCloud” or the “Company”), a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise, today announced that it will report its financial results for the first quarter ended March 31, 2025 after the market closes on Monday, May 12, 2025. The Company will host a conference call to discuss its financial results on the same day at 6:30 PM Eastern Time.

    To access the conference call, participants should pre-register here to receive the dial-in information and a unique PIN. All participants are encouraged to dial-in 15 minutes prior to the conference call’s start time.

    A live and archived webcast of the conference call will be accessible on the Company’s investor relations website at https://investors.gigacloudtech.com/news-events/events.

    About GigaCloud Technology Inc.
    GigaCloud Technology Inc. is a pioneer of global end-to-end B2B ecommerce technology solutions for large parcel merchandise. The Company’s B2B ecommerce platform, the “GigaCloud Marketplace,” integrates everything from discovery, payments and logistics tools into one easy-to-use platform. The Company’s global marketplace seamlessly connects manufacturers, primarily in Asia, with resellers, primarily in the U.S., Asia and Europe, to execute cross-border transactions with confidence, speed and efficiency. GigaCloud offers a comprehensive solution that transports products from the manufacturer’s warehouse to the end customer’s doorstep, all at one fixed price. The Company first launched its marketplace in January 2019 by focusing on the global furniture market and has since expanded into additional categories, including home appliances and fitness equipment. For more information, please visit the Company’s website: https://investors.gigacloudtech.com/

    For investor and media inquiries, please contact:

    GigaCloud Technology Inc.
    ir@gigacloudtech.com

    The MIL Network