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Category: housing

  • MIL-OSI Russia: Alexander Novak held the 38th meeting of the Federal Headquarters for Gasification

    Translation. Region: Russian Federal

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

    Deputy Prime Minister Alexander Novak held the 38th meeting of the Federal Headquarters for Gasification. It was attended by representatives of the Ministry of Energy, Gazprom, Gazprom Mezhregiongaz, the Federal Antimonopoly Service, and regional authorities.

    During the meeting of the federal headquarters, participants discussed the progress of the implementation of the additional gasification program in 2025, including plans to increase the pace of additional gasification of the territories of garden associations (SNT) and the supply of gas to boiler houses in the constituent entities of the Russian Federation.

    According to Gazprom Mezhregiongaz LLC, as of the end of April 2025, since the launch of the additional gasification program in 2021, more than 2 million applications for gas connection have been received from households, including 84.9 thousand from January to April 2025. The technical capability for gas connection has been created in 1.62 million cases, more than 92 thousand of which were made in the first four months of this year. 1.49 million contracts have been concluded (over 84 thousand in 2025), 1.25 million connections have been made to the plot boundaries (75.5 thousand of which were made in January-April 2025). More than 858 thousand homes are already receiving gas. Another 1.1 million households will be connected to gas by the end of 2025.

    To date, the Penza, Bryansk and Oryol regions, as well as the Chuvash Republic, have fully fulfilled their obligations under the gas supply development programs for 2021–2025.

    According to the Ministry of Energy, the average number of concluded contracts from the number of applications received for all categories of pre-gasification (individual housing construction, gardening non-profit partnerships and boiler houses) today is 96%.

    By the end of April, 36.1 thousand applications were received for additional gasification of houses in SNT and another 1 thousand for gasification of boiler houses. In 6.5 thousand houses in SNT, gas has been supplied to the boundaries of the plots, in 2.7 thousand houses, gas stoves are already working. 200 boiler houses have also been successfully converted to gas.

    Medical and educational organizations submitted 1,651 applications for additional gasification, and concluded 993 contracts. Gas was supplied to the site boundaries in 634 cases, and 214 connections were made.

    “The indicators of gas supply to the boundaries of plots today make up 85% of the number of concluded contracts. But it is necessary to improve the situation with connecting households. This is the work of the subjects of the Federation directly at the regional headquarters for gasification, since it concerns the possibilities of providing residents with in-house equipment at affordable prices and high-quality services for connecting plots to gas,” said Alexander Novak.

    The Deputy Prime Minister instructed Gazprom, together with regional authorities, to intensify the process of inventorying SNTs and to speed up the execution of applications for gasification in houses of garden associations under already concluded contracts. He also instructed to analyze the conditions of completed connections to the boundaries of plots and inside houses in SNTs in order to expand their gasification potential.

    Regional authorities must promptly submit applications to the Ministry of Energy to approve the receipt of funds to provide subsidies to preferential categories of citizens for the installation of gas in homes.

    Regional authorities have been instructed to prepare boiler houses to receive gas and report on the progress of this work.

    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 Security: Kissimmee Real Estate Broker Sentenced For Bank Fraud

    Source: Office of United States Attorneys

    Orlando, FL – United States District Judge Wendy W. Berger has sentenced Maria Del Carmen Montes (48, Kissimmee) to 33 months in federal prison for bank fraud. Montes pleaded guilty on January 4, 2024. 

    According to court documents, Montes, co-conspirator Carlos Ferrer, and others created and executed a mortgage fraud scheme targeting financial institutions. Montes assisted clients with purchasing homes and, after signing the real estate contract, referred her buyers to a loan officer at a mortgage company. In order to qualify her clients for mortgage loans for which they were unqualified, Montes transferred the personal identifying and financial information of her clients to Ferrer and directed Ferrer to create fictitious paystubs and W-2s showing false earnings and length of employment for her clients, knowing that her clients never worked for the companies on the fictitious employment documents. After Ferrer created the documents, Montes submitted the fictitious paystubs and W-2s to the financial institutions who relied on them when making underwriting decisions. 

    On August 13, 2024, Ferrer was sentenced to four months’ imprisonment and ordered to serve three years of supervised release for his role in the case.

    This case was investigated by the Federal Housing Finance Agency – Office of Inspector General, the U.S. Department of Housing and Urban Development – Office of Inspector General, and the Federal Bureau of Investigation. It was prosecuted by Special Assistant United States Attorney Chris Poor.

    MIL Security OSI –

  • MIL-OSI: System Solutions LLC Released AutoQuotes Integration for Microsoft Dynamics 365 Business Central

    Source: GlobeNewswire (MIL-OSI)

    GLASTONBURY, Conn., April 30, 2025 (GLOBE NEWSWIRE) — System Solutions LLC announced the release of a powerful new integration connecting Revalize AutoQuotes (AQ) with Microsoft Dynamics 365 Business Central cloud ERP software. This integration enables commercial kitchen and foodservice, equipment and service (FES) dealers, consultants, and manufacturers to streamline their Configure, Price, Quote (CPQ) process in AutoQuotes and then electronically move customers, orders and items into Business Central ERP software to manage fulfillment and all other business requirements.

    With the new integration, users can build detailed AutoQuotes Projects and Quotes, then seamlessly convert them into Business Central Sales Orders where users can manage customers, payments, purchase orders, receiving, shipping, inventory, project management, installations, and accounting without switching systems or manually re-entering data.

    “The integration of AutoQuotes with Microsoft Dynamics 365 Business Central unlocks a new level of efficiency for the foodservice and equipment industry businesses. The entire operation can be managed from quoting through fulfillment using connected software” says Dave Durrenberger, Director of Sales, System Solutions LLC.

    The integration connects the AutoQuotes industry standard kitchen quoting software to the full power of Microsoft Dynamics 365 Business Central, accelerating the sales process, enhancing financial visibility, and minimizing fulfillment delays.

    Microsoft Dynamics 365 Business Central is Microsoft’s cloud ERP software and manages: Customers, Vendors, Inventory, Sales, Purchasing, Warehouse, Shipping, Service, Projects, Manufacturing, Assembly, Accounting, and Financials. Business Central is designed so that small and medium sized businesses, single or multi-location, national or international, can run their entire business with one software.

    Revalize AutoQuotes (AQ) software is a trusted product in the FES industry. AutoQuotes can configure, price, and quote from nearly one million products, supplies, and accessories from more than eight hundred manufacturers including: product descriptions, pricing, spec sheets, warranty information, CAD, and Revit content.

    To learn more about Microsoft Dynamics 365 Business Central or the Revalize AutoQuotes (AQ) Integration, visit www.syssolutionsllc.com or contact us at +1 (860) 781-9986.

    About System Solutions LLC
    System Solutions LLC is a certified Microsoft Partner specializing in Microsoft Dynamics 365 Business Central solutions tailored to the retail, wholesale, and distribution markets. With industry experience in foodservice and commercial equipment sales, System Solutions delivers purpose-built tools and integrations to help businesses grow.

    Contact Information:
    System Solutions LLC
    80 Eastern Boulevard, Suite 2
    Glastonbury, CT 06033
    Phone: (860) 781-9986

    The MIL Network –

  • MIL-OSI Economics: Press Briefing Transcript: Staff Level Agreement on the Fourth Review of the Sri Lanka’s Reform Program Supported by the IMF’s Extended Fund Facility Arrangement

    Source: International Monetary Fund

    April 29, 2025

    PARTICIPANTS: 

    EVAN PAPAGEORGIOU, Mission Chief for Sri Lanka, IMF

    PAVIS DEVAHASADIN, Communications Officer, IMF

    MARTHA TESFAYE WOLDEMICHAEL, Resident Representative in Sri Lanka, IMF

    *  *  *  *  * 

    DEVAHASADIN: I welcome you to the press conference on Sri Lanka, the Staff-Level Agreement of the Fourth Review of the economic program support by the EFF.  Today we have here Mr. Evan Papageorgiou, IMF Mission Chief for Sri Lanka.  He’s joined by Martha Woldemichael, IMF Representative in Sri Lanka. 

    Again, this is on the record.  The transcript will be available later.  We have a lot of people here, so we’re just going to start with Mr. Evan giving the brief remarks and then we move on to the Q&A session.  All right, Evan, over to you on the remarks.

    PAPAGEORGIOU: Yeah, thank you. Thank you, Pavis. Thank you also to Martha for being here.  And hello, everybody.  Good evening to those of you in Sri Lanka and good morning to the few folks here in Washington.  I thank you all for being here today.  I would have preferred to be with you in Colombo, but unfortunately this is not feasible this time.  We will have to talk through a screen. 

    By way of short introduction, as you heard, my name is Evan Papageorgiou.  I am the new Mission Chief for Sri Lanka for the IMF.  And some of you may know already that there has been a change in Mission Chief with this review, which is part of a routine rotation of people in the team.  I look forward to seeing some of you again.  I already had a chance to meet you a few weeks ago, or otherwise to meeting you all next time we’re in the country.  We had the opportunity to be in the country.  I led a team of economists visiting Colombo earlier this month, where we had productive discussions with the authorities.  These discussions continued here last week here in Washington, D.C., on the occasion of our Spring Meetings. 

    Okay.  So, as you may be aware, we have reached a staff-level agreement with Sri Lankan authorities on key economic policies, marking an important milestone toward concluding the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility. 

    The staff-level agreement is contingent on two conditions.  First, the implementation of prior actions relating to restoring electricity cost-recovery pricing and ensuring proper function of the automatic electricity price adjustment mechanism.  And second, the usual completion of financing assurances review by multilateral and bilateral partners.  After successful implementation of these conditions and approval from the IMF Executive Board, Sri Lanka will unlock approximately USD $344 million in financing.  This funding will be crucial as the country navigates the recovery from economic challenges. 

    We are now halfway through the four-year EFF program, and I’m very pleased to stand before you today to share significant development regarding Sri Lanka’s economic journey.  The performance of the reform program has remained strong overall.  Economic growth is on the rebound.  We are seeing advancements in revenue mobilization, reserve accumulation is proceeding, and structural reforms continue, and some of them are well underway. 

    Very important to note also that debt restructuring is nearly complete and the government’s commitment to program objectives remains steadfast, and we got new assurances of this as recently as last week.  However, we must also acknowledge the significant downside risks posed by global trade policy uncertainty.  Should these risks materialize, we are prepared to work collaboratively with the authorities to assess their impact and formulate appropriate policy responses within the framework of the IMF-supported program.

    The country’s achievements under the ambitious reform agenda have been commendable.  The rebound in growth, for example, 5 percent year-on-year real growth in 2024, is a testament to the country’s resilience and determination and remarkable turnaround.  Furthermore, there has been significant improvement in the revenue performance, with revenue to the GDP climbing to 13.5 percent in 2024 from 8.2 percent in 2022.  Gross official reserves have also risen to $6.5 billion in end of March 2025, given the very good and strong FX purchases by the Central Bank of Sri Lanka.

    Now, as we move forward, it is essential that the government continues to prioritize sustained revenue mobilization efforts and prudent budget execution.  These measures are vital in preserving and continuing to build fiscal space and ensuring that there is room to respond to any shocks that may arise.  To that end, restoring cost-recovery electricity pricing is essential to minimize fiscal risks and enable appropriate electricity infrastructure and investments. 

    The tax exemption framework should be well designed to reduce fiscal costs and corruption risks while at the same time enabling necessary growth for the country.  Reforms to boost tax compliance are important to deliver revenue gains without resorting to additional tax measures. 

    We also recognize the critical responsibility of the government to protect the most vulnerable members of society during these uncertain times.  Improving the targeting adequacy of social safety nets will be a priority as they strive to provide support where it’s needed the most. 

    In conclusion, the sustained commitment of the government to the program objectives is commendable.  It ensures continuity and puts Sri Lanka on a path to continuing success and strong recovery.  We are determined to continue working with the authorities to safeguard their hard-won gains and pave the way forward towards robust and inclusive growth.  Thank you for your attention.  Martha and I look forward to your questions.  Thank you.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan. We now move on to the Q&A section. But before we begin, I would like to say that for those who just joined, this session is being recorded.  Therefore, the transcript will be posted later, and otherwise we move on to the Q&A, and I just want to remind you to keep your questions short because we have a full house so we can give opportunity to other participants as well and stay on topic.  We can also follow up with you afterwards.  But please be mindful that we are discussing the SLA – the Fourth Review, today. 

    May I call — actually I saw your hand was up earlier, and then you put it down.  May I call you for the first question from Economy Next?

    QUESTIONER: Thank you.  Yes, my question is there has been some delay on the restructuring.  How concerned is the IMF on SOE restructuring?

    DEVAHASADIN: On the restructuring, debt restructuring, right?

    QUESTIONER: SOE.

    DEVAHASADIN: SOE.

    QUESTIONER: state-owned enterprise, yeah. 

    DEVAHASADIN: Okay. Anyone else on state-owned enterprise? And you can also just jump in.  I see some hands up, but I’m not sure if those participants are talking about — would like to talk about SOE, but otherwise we want to take questions on SOE first. 

    QUESTIONER: If I may add on the SOEs?  Just to add to that, specifically about Sri Lankan Airlines.  How concerned are you about Sri Lankan Airlines?  Because this is something that has been discussed for several years with a lot of other people as well as with the IMF.  Thank you. 

    DEVAHASADIN: Okay. Thank you so much.

    PAPAGEORGIOU: Yes, thank you. These are good questions. So let me start in general to make some points. 

    So under the program there has been, in general, commitment by the government from the beginning of the program until now to strengthen the governance of SOEs, to get to the bottom of their outstanding debt and resolving legacy debt that they — that’s out there — and implementing those that’s relevant to implementing cost recovery pricing to ensure that they remain financially viable.  These are all very important conditions because they will reduce fiscal risks to the government, to the states, and avoid that they become a burden for public finances, ultimately taxpayers, and all Sri Lankans. 

    So, within those commitments, it’s important to highlight a few that, under the program, these include also containing risks from the guarantees issued to SOEs.  For example, the EFF program includes indicative targets, which are setting ceilings on total and foreign currency treasury guarantees for SOEs.  Another condition is to refrain from new FX borrowing by non-financial state-owned enterprises that already have limited FX revenue so that we don’t introduce more wrong-way risk into these entities.  And also, another one, obviously very important one, is making SOEs more transparent.  You may be aware that we have been advocating and mandating to publishing audited financial statements for the 52 largest SOEs in a timely manner, and that will help bring more light and greater scrutiny. 

    It is also important to ensure that consumers of services of these SOEs receive the best value for the price they pay.  And obviously, that relates to a wider range of SOEs, including also the electricity and the fuel sector.  And this is the same thing as you would expect from a private company.  In other words, you would want SOEs run in the most efficient manner purely on commercial basis and ensuring that they are dependable and, of course, that they are free of corruption.  That is greater big disclosure, good disclosure to that extent. 

    There was a question on Sri Lankan Airlines.  So, we understand that the authorities are underway in preparing a medium-term strategic plan to restore Sri Lankan Airlines’ operational viability and to resolve its legacy debt.  We know that the current budget, the 2025 budget, has set aside 20 billion rupees to pay off some of the debt of the airline.  And we are also aware that Sri Lankan Airlines has also hired a financial advisor to restructure its international bond.  So, these are all steps in the right direction.  But we think these need to pick up pace and take up a little bit faster pace so we can have a good resolution of all these outstanding issues.  So, in general with SOEs, we think there is a way forward, and we want to see more progress there. 

    Thank you.  That was a good question.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan. We have hands up.

    QUESTIONER: Thank you, Pavis, and thank you, Evan, for your presentation.  From News 1st here.  The conditions of the Fourth Review include implementing fire actions related to electricity cost-recovery pricing and ensuring that the automatic electricity price adjustment mechanism functions properly.  In your meetings with the government, do you see this realizing anytime soon?  Because according to the statement that was released earlier, it says that this condition is yet to be met.  Thank you. 

    PAPAGEORGIOU: Thank you. Thank you, I don’t know if — should we take another question? Maybe related to electricity to bunch them up a little bit? 

    DEVAHASADIN: Yep. Anyone else on electricity just come in please.

    QUESTIONER: What we expected the timeline to complete the required by actions such as electricity pricing and financing assurance for Board approval?

    QUESTIONER: I have also question on electricity.  Now, the current problem seems to have been coming from, because of a price cut by the regulator, which the utility didn’t ask for.  So, is there any attempt to give technical assistance or something so that the way the regulator calculates the profits or how they deal with the price proposal of the utility is improved so that this kind of thing doesn’t happen again?

    PAPAGEORGIOU: Thank you for the question. Let me first say that the issue of electricity is one where both the government and us see eye to eye, and there’s strong commitment in seeing these reforms take place because, as you know very well, electricity and dependability of electricity and the high price of electricity have been an issue for a very long time in Sri Lanka. So, government is committed to seeing, to taking the reforms and owning those reforms and making significant progress. 

    So yes, during the review mission discussions that we had in Colombo earlier in April, earlier this month, and here in Washington last week, we discussed many issues.  Our assessment is as early as back in February, when we went to the Board for our Third Review, our assessment of the time, and still is the same, is that the continuous structural benchmark on electricity cost recovery pricing is still not met.  And that means that the price of the tariff – it does not match, does not create enough of an ability for the utility, for the CEB, to be able to meet its costs, the generation costs, and transmission and distribution. 

    In addition to that, the automatic tariff adjustment mechanism based on the bulk supply transaction account, the BSTA, has not operated as we envisaged.  And the April tariff revision that was meant to take place in the second quarter of this year was not implemented.  So as a result of that, given the criticality of electricity cost recovery and under the program, we have proposed, IMF has proposed, the introduction of prior actions relating to restoring electricity cost-recovery pricing and ensuring proper function of the automatic electricity price adjustment mechanism, the BSTA, that I mentioned a few moments ago. 

    The implementation of these prior actions is an important milestone as a requisite, if you will, for the completion of the Fourth Review.  And in terms of the timing; there was a question — of course, we defer to the authorities and to the regulator, the PUCSL, on the exact timing for implementing these actions, these prior actions. But we urge them to do so as soon as possible so that the utility company, CEB, is not incurring financial losses on a forward-looking basis.  In other words, we should avoid, the authorities should avoid, a situation where debt is building up at the CEB, so that the utility company does not become again a significant contingent liability to the government and a burden to the taxpayer. so, it doesn’t become a fiscal drought. 

    I think this is well understood by the authorities.  It has been explained time and time again.  It’s a core pillar of the program that once it is resolved and properly held, it will help fiscal sustainability, and it will make electricity price generation more dependable.  And down the road this will allow for more stability, for more investment, and for the necessary steps to see electricity prices coming down. 

    Hopefully that answers your question, but I’m happy to follow up on anything else.  Thank you.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan.

    QUESTIONER: I don’t think my question about whether you consider technical assistance to the regulator was answered.  I also have another question if you can answer. 

    PAPAGEORGIOU: Sure, sure. So yeah, thank you. There’s no technical assistance at the moment in terms of the electricity price generation or any other issues related to this.  In general, the energy policy and the policy for the energy sector, we think the pillars are — there should be a cost reflective energy pricing which is a building block of the program, and we think that within that there should be a greater stability, but it will allow for more reforms. 

    So now we know we understand that there are some proposed amendments to the Electricity Act that are underway, and these are expected to reflect the authority’s strategy to reform the electricity sector.  We understand also there is an intention to have unbundling of generation of transmission and distribution of power.  We obviously take note that there has been action and proposals for greater investment, including also for solar energy projects.  Again, we’re not advising exactly on these issues, but we look forward to seeing more. 

    Now, of course, on the strategy that should be supported by the key stakeholders.  I know that other multilateral, several development partners such as the World Bank and ADB are closely involved on electricity, and they are providing technical assistance to Sri Lanka. 

    So I think that goes to your point. Did you have another question as well? 

    QUESTIONER: Yes.  Regarding the — can you give us any idea about the timing of the review that might take place?  And also, when you said, policy responses that may be needed to meet the tariff problem, what kind of things were you thinking on?  Is it likely to jeopardize the targets and were you planning to give any waivers or what kind of policy responses?

    PAPAGEORGIOU: When you say tariffs do you mean not electricity tariffs, you mean export tariffs, right?

    QUESTIONER: No, no, sorry.  You said because of the tariff shock, from possible tariffs from the U.S. 

    PAPAGEORGIOU: Yes, that’s right.

    DEVAHASADIN: U.S. tariffs.

    QUESTIONER: Yeah.  So then that Sri Lanka might have to do some policy responses.  What kind of policy responses were you thinking?  And also, it jeopardizes the targets in the IMF performance criteria, will they be kind of given waivers? 

    PAPAGEORGIOU: Thank you.

    DEVAHASADIN: Before you begin, I would like to read this question. How do you see the impact U.S. labor tariff on Sri Lanka’s ability to secure and sustain the SLA with global partners?

    PAPAGEORGIOU: Yeah, great. Thank you; these are good questions. In terms of the timing, obviously things are still underway.  This is only a staff-level agreement, which means we have agreed on principle on many things of the underlying Fourth Review and conditions of the prior actions that I mentioned a few minutes ago.  I think there’s good momentum from the authorities’ and everybody else’s point of view in completing the review.  That takes a little while because we understand a lot of these issues are still being discussed and there is more work to be done, both from the authority side and from our side as well.  It’s a long process, as you probably know, in terms of us consulting and redrawing our numbers and our assumptions and having a great confidence in the direction of policy reforms and of the outlook and everything else.  I would say that it will take a little while, maybe a couple more months at least, in terms of finalizing the review.  So hopefully in two months’ time or so, by, let’s say, June, we should be able to have some more news for you on this front. 

    Now, on the issue of U.S. tariffs and how does it affect the country?  Obviously, as I mentioned, trade policy uncertainty is one of the issues that we have discussed quite extensively with the authorities on what could that mean for Sri Lanka’s economy and economic performance.  We know that, obviously, the authorities are committed to achieving program objectives and to see how the targets are being met.  They have also committed to addressing any sort of underperformance or deviation for program targets with remedial measures.  So, we think that we take this commitment very seriously, and we note their strong impetus for delivering on those. 

    Obviously, the global trade policy uncertainties, as I mentioned, is a significant risk.  All I can say at this point is that if these risks materialize, we will work with the authorities to assess the impact of those shocks, and we will support the country in formulating specific policy responses within the contours of the existing IMF program.  We have very frequent discussions with the authorities.  We were discussing, we were talking to them as recently as last Friday, as a few days ago.  We continue talking to them on a daily basis.  Martha talks to them on a constant basis.  And we continue conducting weekly monitoring meetings with the entire team, both here in Colombo as well, so that we can ensure that program performance remains on track. 

    This is all I can say for the moment, but it is very important to note also that the Sri Lankan authorities, the Sri Lankan government, have made great progress in establishing greater connection with bilateral trade partners, including the United States.  And we encourage more action and greater discussion in ensuring that there is a good outcome from these discussions and that the trade policy uncertainty gets resolved and there’s greater certainty. 

    DEVAHASADIN: Thank you. I just got the five minutes remaining warning. I would like to open the floor to anyone who hasn’t asked any questions.  Please feel free to jump in.  Otherwise, I’ll go back to the hand.  Anyone else who hasn’t asked any question?  Well, all right, I see one hand up.

    DEVAHASADIN: Thank you. We’ll come back to you.

    QUESTIONER: Thank you.  I just have a question.  It’s kind of a follow-up to Evan’s previous answer.  You talked about a very limited response that you can give talking about trade policy and the impact of the U.S. tariffs.  But you did say that Sri Lanka had expressed a sort of a commitment to work and work towards the targets it has agreed with the IMF.  But in the most recent weeks post those tariff announcements, targets, as much as you said that they have expressed a willingness to work within the framework – I think you said, within the contours of the agreement – has Sri Lanka expressed concerns about reaching those targets, particularly because these tariffs are believed broadly to have a potential impact on its export earnings?  Obviously, it’s foreign currency earnings and things like that.  So how much of a concern have you heard from the Sri Lankan authorities?  And what is the sort of leeway or the kind of flexibility that Sri Lanka would have within the agreement with the IMF?  I’m sure you have this with a lot of sort of your agreements, but, yeah, where Sri Lanka is concerned, how do you see it?  Thank you. 

    PAPAGEORGIOU: Thank you. That’s a good question. It follows through a little bit from my previous answer, as you said.  I don’t know, given that we don’t have much time, let me go ahead and answer this and maybe we can give five more minutes, Pavis, to other people to ask questions as well. 

    DEVAHASADIN: Sounds good.

    PAPAGEORGIOU: So, first of all, every review, now we’re on the Fourth Review, of the program is an opportunity to assess the economic developments, to review program targets, and to determine the reform agenda and the reform measures that the authorities plan for the period ahead. It just happened that in this review we have a significant trade policy shock. So, in these discussions, we’ve had an understanding of what are the concerns and what is the kind of shock.  And by the way, this is something that we also, as Fund staff, are trying to implement, to understand, to comprehend, and to put into our outlook. 

    So obviously, the 44 percent tariff on Sri Lanka that was announced on April 2nd would have a significant impact, and the authorities understand this very well.  The impact obviously will be on the apparel and rubber industries.  Obviously, as you know very well, these account for a very large share of the country’s exports to the United States.  I believe it’s almost three-quarters, or over 70 percent.  And also, the real sector implications of these are very important because these two sectors, apparel and rubber, employ a lot of workers, in Sri Lanka. Just the apparel industry alone is over 300,000 workers or 320,000 workers.  So, the 90-day pause that was announced has allowed the authorities to engage constructively with the United States.  And we take, take very positive note on this. 

    Now, within, in general, as I mentioned, the global trade policy uncertainty for any small open economy and definitely for Sri Lanka poses significant downside risks.  For these discussions, we understand, obviously, the issues that arise and how they should be baked into the program.  If there is any substantial risk that may pan out either on the back of tariffs or some other disruption, we will work with the authorities to incorporate them to assess their impact and put them into policy responses. 

    At this point, it will be a little premature of me to talk about specific issues, but we’ve had a lot of discussions, and we think that the authorities are doing the best they can to address these issues.  It’s important to also mention that here that any time is a good time for implementing more reforms for discussing greater options towards having more trade policy responses.  And we believe that Sri Lanka should continue exploring also additional ways in making its exports more marketable and appealing to a wider range of counterparts. 

    DEVAHASADIN: Thank you, Evan. I’ll give the final question. We are running out of time, but I think we have enough time for one last question.

    QUESTIONER: Thank you.  It’s about the tax revenues.  According to the 2025 budget, much of the tax revenue is expected from vehicle imports, and we have — from the dealers that of the vehicles have been imported in the last two months, about 75 percent have been sold.  Of course, even though 25 percent may not have been sold, still the government has got revenue for those because they have been cleared through customs. That is no issue, but it would probably have implications for future demand.  So, the market is sort of not as vibrant, as there doesn’t seem to be a huge pent-up demand.  How concerned are you that this one single item in the budget, which is sort of going to underpin tax revenue, may not materialize this year?  Thank you.  Thank you.

    PAPAGEORGIOU: So obviously the authorities have made significant progress on creating greater opportunities for revenue and for collecting more. You may very well know that the situation was far worse in terms of tax revenue, as I mentioned in my earlier remarks, as early as couple of years ago. So obviously there is definitely progress. On this year’s discussion,

    I think there is a lot of the progress; has been a positive one.  There has been greater progress towards ensuring more revenue that could be collected from a range of measures.  You mentioned very accurately that the lifting of the import ban on motor vehicles is a very, very important. I would say the primary measure underpinning the revenue package.  We saw that, also in the budget, it is expected to yield 1.2 percent of GDP in 2025.  And that’s about 80 percent of the 1.5 percent of GDP in all tax revenue.  So obviously, as you mentioned, this is very important to get right and to continue with the momentum. 

    We note from the latest data that we have monitoring and we’re getting is that there is actually a good momentum on those motor vehicle imports.  So as my latest data — I was trying to find them — from what I remember, there has been quite a lot of good increase in the letters of credit.  I believe it’s around USD $350 million that were open.  These are letters of credit that are attached to importing vehicles.  So, we think that the associated revenue that will be incurred from those imports is starting to come on pace, and that’s a very important and encouraging sign.  So, we look forward to seeing more. 

    Of course, I mentioned a moment ago as well that if there are signs that — that there is underperformance of revenues or if there is a revenue shortfall, we have discussed with the authorities, and they are committed to implementing contingency revenue measures, and this will go a long way in ensuring fiscal sustainability and greater revenue.  Thank you. 

    DEVAHASADIN: Thank you, Evan. Unfortunately, we’re at time. Before we close, Evan, do you have any parting words? 

    PAPAGEORGIOU: No, I thank you very much. I thank you all for being here. I look forward to continuing to engage with you, and Martha and I know that we have a great relationship with all of you and a frequent interaction.  We are happy to continue taking your questions.  We now are moving forward completing the Fourth Review in the next couple of months, so we will certainly communicate more as we get towards that goal.  We will also try to have another similar discussion and press conference at the end of that review if all goes well.  Let me just mention again that we are fully committed in supporting the economy and the Sri Lankan authorities, both in the current issues that they are facing and just more broadly on formulating the appropriate policy responses and the necessary form.  Thank you all very much for being here.  I wish I was in Colombo, but I look forward to seeing you again in the next few months.  Thank you. 

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pavis Devahasadin

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    MIL OSI Economics –

  • MIL-OSI USA: The White House Council on Environmental Quality Establishes Permitting Innovation Center

    US Senate News:

    Source: The White House
    Today, the White House Council on Environmental Quality (CEQ) issued a memorandum to heads of Federal agencies establishing an interagency Permitting Innovation Center. The creation of the Permitting Innovation Center delivers on President Trump’s Memorandum, Updating Permitting Technology for the 21st Century, which directs the Federal government to leverage modern technology to effectively and efficiently conduct environmental reviews and evaluate permits for infrastructure projects of all kinds.
    Under President Trump’s leadership, the CEQ-led Permitting Innovation Center will consult with the National Energy Dominance Council (NEDC) and relevant permitting agencies to issue a Permitting Technology Action Plan that will provide technology guidance to agencies, while developing an initial National Environmental Policy Act (NEPA) data and technology standard.
    In addition, the Permitting Innovation Center will collaborate with the General Services Administration (GSA) to design and test prototype software systems for potential implementation by agencies pursuant to the Permitting Technology Action Plan.
    “The Trump Administration is making unprecedented progress toward modernizing permitting,” said Katherine Scarlett, Chief of Staff at the White House Council on Environmental Quality. “The establishment of the Permitting Innovation Center is a major milestone on the road to permitting reform and demonstrates this Administration’s commitment to expediting the environmental review and permitting process through emerging technologies, providing much needed efficiency and transparency for project sponsors.”
    “GSA’s Technology Transformation Services (TTS) is committed to advancing the President’s agenda by supporting the accelerated development and building of the Permitting Innovation Center,” said Thomas Shedd, Technology Transformation Services Director at General Services Administration. “We look forward to working across the agencies involved in this process, and leveraging our Presidential Innovation Fellowship program to ensure that each agency’s technology requirements are understood and met. TTS remains a preferred shared service provider of software and services to advance critical White House initiatives such as this one.”
    To read the Memorandum for Heads of Federal Departments and Agencies, “Establishment of Permitting Innovation Center,” click here.
    ICYMI:

    MIL OSI USA News –

  • MIL-OSI USA: Gillibrand, Cotton, Nadler, Bacon Introduce Bipartisan, Bicameral Legislation To Protect Organ Donors

    US Senate News:

    Source: United States Senator for New York Kirsten Gillibrand

    Today, U.S. Senators Kirsten Gillibrand (D-NY) and Tom Cotton (R-AR) introduced legislation to protect the rights of living organ donors. The Living Donor Protection Act would ensure living donors do not face discrimination from insurance companies, codify Department of Labor (DOL) guidance that covers living donors under the Family Medical Leave Act (FMLA) in the private and civil service, remove barriers to organ donation, and provide certainty to donors and recipients. Representatives Jerrold Nadler (D-NY) and Don Bacon (R-NE) lead this legislation in the House of Representatives.

    Currently, there are roughly 8,000 New Yorkers on the national transplant waiting list, with approximately 7,000 waiting for a kidney.In NYS, the average wait time for a kidney transplant is about five to six years, and during that time, many patients become too sick to receive a transplant or die. Nearly 500 New Yorkers die each year waiting for an organ transplant. Receiving an organ from a living donor can shorten this wait time and ultimately allow the best chance for long-term success. Unfortunately, studies have found that up to one in four living donors report discrimination in the rates and provision of life insurance and disability insurance, and they can struggle to receive time off from work to complete their donation and recovery. Reducing barriers to living organ donation and educating potential donors on the protections provided to them under law will help to promote living organ donation and save the lives of those waiting for a transplant.

    “It’s a tragedy that so many people die while waiting for life-saving organ donations. We must do more to remove the barriers that keep Americans from donating,” said Senator Gillibrand. “The Living Donor Protection Act would help ensure that the individuals who are willing to save someone’s life through an organ donation can do so without worrying that they’ll face insurance discrimination or that they could lose their job as they recover. I am proud to be introducing this bipartisan legislation and will keep fighting to finally get it passed.” 

    “Organ donors make an extraordinary sacrifice so someone else can have a new chance at life,” said Senator Cotton. “The Living Donor Protection Act would encourage more donors to step forward by protecting them from adverse consequences like denial of coverage and job loss.”

    “When an organ donor decides to donate one of their organs to someone else, they aren’t just saving someone’s life—they’re making one of the most selfless, difficult decisions anyone could ever make. The last thing they need in the midst of that challenging process is to be confronted by needless roadblocks or insurance discrimination,” said Representative Nadler. “These roadblocks can make it economically impossible for potential donors to make that choice and, simply put, they are costing lives. April is National Donate Life Month, and I’m proud to introduce the Living Donor Protection Act to bring awareness to this issue and knock down these needless barriers to lifesaving organ donation.”

    “Our state is fortunate to have Nebraska Medicine, which has a robust living donor kidney exchange program, performing more kidney chains which involves anonymous donors donating to someone without a compatible living donor, than almost any hospital nationwide. However, some living donors are discriminated against when it comes to rates and provision of life insurance and disability insurance,” said Representative Bacon. “They also don’t always receive adequate time to recover from the surgeries related to their selfless gift. This legislation will help open the doors to more living donors so we can save more lives.”

    The Living Donor Protection Act would protect living organ donors and promote organ donation by: 

    1) Prohibiting life, disability, and long-term care insurance companies from denying or limiting coverage and from charging higher premiums for living organ donors; 

    2) Amending the Family and Medical Leave Act of 1993 to specifically include living organ donation as a serious health condition for private and civil service employees; and 

    3) Directing the U.S. Department of Health and Human Services (HHS) to update its materials on live organ donation to reflect these new protections and encourage more individuals to consider donating an organ.

    The Living Donor Protection Act is cosponsored bySenators Cindy Hyde-Smith (R-MS), Ben Ray Luján (D-NM), Shelley Moore Capito (R-WV), Angus King (I-ME), Richard Blumenthal (D-CT), Tim Kaine (D-VA), Amy Klobuchar (D-MN), Jeff Merkley (D-OR), Sheldon Whitehouse (D-RI), Chris Coons (D-DE), Marsha Blackburn (R-TN), Pete Ricketts (R-NE), Thom Tillis (R-NC), Dick Durbin (D-IL), Jeanne Shaheen (D-NH), Tina Smith (D-MN), Ron Wyden (D-OR), and Mark Kelly (D-AZ).

    The Living Donor Protection Act is endorsed by Alport Syndrome Foundation, American Association of Kidney Patients, American Council of Life Insurers, American Heart Association, American Kidney Fund, American Liver Foundation, American Nephrology Nurses Association, American Society of Nephrology, American Society of Pediatric Nephrology, American Society of Transplant Surgeons, American Society of Transplantation, Dialysis Patient Citizens, Global Liver Institute, IGA Nephropathy Foundation, International Society of Glomerular Disease, Kidney Transplant Collaborative, National Kidney Foundation, the Nonprofit Kidney Care Alliance (NKCA), North American Transplant Coordinators Organization, Northwest Kidney Centers, the PKD Foundation, the Rogosin Institute, Sanofi, the United Network for Organ Sharing (UNOS), Transplant Recipients International Organization (TRIO), and Renal Physicians Association.

    “The selfless individuals who give the gift of life by donating a kidney should not face discrimination by life, long-term care, or disability insurers,” said LaVarne Burton, President and CEO of the American Kidney Fund. “This legislation would be a significant step in efforts to encourage more living donors and reduce the kidney transplant waiting list by providing the protections that living donors should receive for their lifesaving actions.”

    “The Living Donor Protection Act is a critical step forward in protecting those who make the selfless choice to save lives through organ donation,” said Kevin Longino, CEO of the National Kidney Foundation and a transplant recipient. “By removing barriers and ensuring donors don’t face discrimination, we can help address the national organ shortage crisis and save more lives. I thank Senators Cotton and Gillibrand, and Representatives Bacon and Nadler, for their leadership, and I strongly urge Congress to pass this vital legislation this year.”

    “With nearly 9,300 people in the U.S. waiting for a liver transplant right now, the need for living donors is great. Approximately 25% of people on the liver transplant list will die waiting due to lack of available organs. The Living Donor Protection Act is critical to helping level the playing field for living organ donors, ensuring that they are not discriminated against in obtaining life, disability or long-term care insurance and have job protections for medical leave after donation. We are so grateful to Senators Cotton and Gillibrand and Representatives Bacon and Nadler for stepping up for living organ donors and patients throughout the country,” said Lorraine Stiehl, CEO, American Liver Foundation and caregiver to a transplant patient.

    “ASN commends the re-introduction of the Living Donor Protection Act, critical legislation which will remove barriers that discourage living donors from providing the life-saving gift of a kidney transplant,” said ASN President Prabir Roy-Chaudhury, MD, PhD, FASN. “Americans who are considering becoming living donors deserve more support than the current system provides for them, and ASN believes the Living Donor Protection Act is a critical step to achieve this goal.”

    “As a pioneer in transplantation since performing New York State’s first living donor kidney transplant in 1963, The Rogosin Institute believes that kidney transplantation is the ideal treatment for patients with end-stage kidney disease,” said the Rogosin Institute. “We are proud to wholeheartedly endorse the Living Donor Protection Act removing barriers to donation such as insurance uncertainty and financial insecurity. Rogosin extends our thanks to the bipartisan members of Congress supporting this critical legislation. We thank Senators Gillibrand and Cotton and Congressmen Bacon and Nadler for championing the Living Donor Protection Act.”

    “As nonprofit dialysis providers, kidney transplant is an ideal outcome for many of our patients and legislation to protect and support living donors is critical to our patient-centered mission,” said Monica Massaro, Executive Director of NKCA.

    “Living organ donors save people’s lives and should be able to give the gift of life without fear of insurance discrimination or financial retribution, especially as they recover from surgery. The Living Donor Protection Act rightfully protects these selfless individuals from this,” said Maureen McBride, Ph.D., CEO of the United Network for Organ Sharing. “Thank you, Sens. Cotton and Gillibrand and Reps. Bacon and Nadler for your bipartisan leadership and for standing up for living organ donors.”

    “On behalf of the American Society of Transplantation (AST), representing a majority of the nation’s transplant professionals, our Society strongly applauds and endorses the re-introduction of the Living Donor Protection Act (LDPA),” said Dr. Jon Kobashigawa, President, American Society of Transplantation (AST). “AST is grateful for the ongoing and steadfast leadership of Senators Cotton, Gillibrand and Representatives Bacon and Nadler to protect transplant patients and strengthen living donation.  The LDPA is a patient-focused bill seeking to remove policy barriers that might otherwise prevent an individual from providing a lifesaving donor organ.  AST greatly appreciates this bipartisan, bicameral, and patient centric legislation. We look forward to working with you to advance the LDPA in this 119th Congress.”

    “Life insurers support helping more people access financial protection for themselves and their families,” said American Council of Life Insurers President and CEO David Chavern. “The Living Donor Protection Act lets organ donors access life, disability, or long-term care coverage while recognizing fair underwriting practices. It’s an important initiative that will protect those who save lives through organ donations.”

    “On behalf of all kidney patients, organ donors and American taxpayers, the American Association of Kidney Patients salutes U.S. Senators Tom Cotton and Kirsten Gillibrand and U.S. Representatives Don Bacon and Jerrold Nadler for introducing the bipartisan Living Donor Protection Act so that living organ donors will no longer face the Hobbesian choice of saving an innocent human life at the risk of losing insurance coverages that provide economic security and peace of mind to their families and loved ones. The time is now for America to transcend high-cost, high-mortality dialysis care as the default solution for people living with kidney failure and to encourage greater living organ donation and greater transplant opportunities for all Americans in need of a life-saving organ,” said Edward V. Hickey, III, President of the American Association of Kidney Patients.

    MIL OSI USA News –

  • MIL-OSI Russia: Press Briefing Transcript: Staff Level Agreement on the Fourth Review of the Sri Lanka’s Reform Program Supported by the IMF’s Extended Fund Facility Arrangement

    Source: IMF – News in Russian

    April 29, 2025

    PARTICIPANTS: 

    EVAN PAPAGEORGIOU, Mission Chief for Sri Lanka, IMF

    PAVIS DEVAHASADIN, Communications Officer, IMF

    MARTHA TESFAYE WOLDEMICHAEL, Resident Representative in Sri Lanka, IMF

    *  *  *  *  * 

    DEVAHASADIN: I welcome you to the press conference on Sri Lanka, the Staff-Level Agreement of the Fourth Review of the economic program support by the EFF.  Today we have here Mr. Evan Papageorgiou, IMF Mission Chief for Sri Lanka.  He’s joined by Martha Woldemichael, IMF Representative in Sri Lanka. 

    Again, this is on the record.  The transcript will be available later.  We have a lot of people here, so we’re just going to start with Mr. Evan giving the brief remarks and then we move on to the Q&A session.  All right, Evan, over to you on the remarks.

    PAPAGEORGIOU: Yeah, thank you. Thank you, Pavis. Thank you also to Martha for being here.  And hello, everybody.  Good evening to those of you in Sri Lanka and good morning to the few folks here in Washington.  I thank you all for being here today.  I would have preferred to be with you in Colombo, but unfortunately this is not feasible this time.  We will have to talk through a screen. 

    By way of short introduction, as you heard, my name is Evan Papageorgiou.  I am the new Mission Chief for Sri Lanka for the IMF.  And some of you may know already that there has been a change in Mission Chief with this review, which is part of a routine rotation of people in the team.  I look forward to seeing some of you again.  I already had a chance to meet you a few weeks ago, or otherwise to meeting you all next time we’re in the country.  We had the opportunity to be in the country.  I led a team of economists visiting Colombo earlier this month, where we had productive discussions with the authorities.  These discussions continued here last week here in Washington, D.C., on the occasion of our Spring Meetings. 

    Okay.  So, as you may be aware, we have reached a staff-level agreement with Sri Lankan authorities on key economic policies, marking an important milestone toward concluding the Fourth Review of Sri Lanka’s reform program supported by the IMF’s Extended Fund Facility. 

    The staff-level agreement is contingent on two conditions.  First, the implementation of prior actions relating to restoring electricity cost-recovery pricing and ensuring proper function of the automatic electricity price adjustment mechanism.  And second, the usual completion of financing assurances review by multilateral and bilateral partners.  After successful implementation of these conditions and approval from the IMF Executive Board, Sri Lanka will unlock approximately USD $344 million in financing.  This funding will be crucial as the country navigates the recovery from economic challenges. 

    We are now halfway through the four-year EFF program, and I’m very pleased to stand before you today to share significant development regarding Sri Lanka’s economic journey.  The performance of the reform program has remained strong overall.  Economic growth is on the rebound.  We are seeing advancements in revenue mobilization, reserve accumulation is proceeding, and structural reforms continue, and some of them are well underway. 

    Very important to note also that debt restructuring is nearly complete and the government’s commitment to program objectives remains steadfast, and we got new assurances of this as recently as last week.  However, we must also acknowledge the significant downside risks posed by global trade policy uncertainty.  Should these risks materialize, we are prepared to work collaboratively with the authorities to assess their impact and formulate appropriate policy responses within the framework of the IMF-supported program.

    The country’s achievements under the ambitious reform agenda have been commendable.  The rebound in growth, for example, 5 percent year-on-year real growth in 2024, is a testament to the country’s resilience and determination and remarkable turnaround.  Furthermore, there has been significant improvement in the revenue performance, with revenue to the GDP climbing to 13.5 percent in 2024 from 8.2 percent in 2022.  Gross official reserves have also risen to $6.5 billion in end of March 2025, given the very good and strong FX purchases by the Central Bank of Sri Lanka.

    Now, as we move forward, it is essential that the government continues to prioritize sustained revenue mobilization efforts and prudent budget execution.  These measures are vital in preserving and continuing to build fiscal space and ensuring that there is room to respond to any shocks that may arise.  To that end, restoring cost-recovery electricity pricing is essential to minimize fiscal risks and enable appropriate electricity infrastructure and investments. 

    The tax exemption framework should be well designed to reduce fiscal costs and corruption risks while at the same time enabling necessary growth for the country.  Reforms to boost tax compliance are important to deliver revenue gains without resorting to additional tax measures. 

    We also recognize the critical responsibility of the government to protect the most vulnerable members of society during these uncertain times.  Improving the targeting adequacy of social safety nets will be a priority as they strive to provide support where it’s needed the most. 

    In conclusion, the sustained commitment of the government to the program objectives is commendable.  It ensures continuity and puts Sri Lanka on a path to continuing success and strong recovery.  We are determined to continue working with the authorities to safeguard their hard-won gains and pave the way forward towards robust and inclusive growth.  Thank you for your attention.  Martha and I look forward to your questions.  Thank you.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan. We now move on to the Q&A section. But before we begin, I would like to say that for those who just joined, this session is being recorded.  Therefore, the transcript will be posted later, and otherwise we move on to the Q&A, and I just want to remind you to keep your questions short because we have a full house so we can give opportunity to other participants as well and stay on topic.  We can also follow up with you afterwards.  But please be mindful that we are discussing the SLA – the Fourth Review, today. 

    May I call — actually I saw your hand was up earlier, and then you put it down.  May I call you for the first question from Economy Next?

    QUESTIONER: Thank you.  Yes, my question is there has been some delay on the restructuring.  How concerned is the IMF on SOE restructuring?

    DEVAHASADIN: On the restructuring, debt restructuring, right?

    QUESTIONER: SOE.

    DEVAHASADIN: SOE.

    QUESTIONER: state-owned enterprise, yeah. 

    DEVAHASADIN: Okay. Anyone else on state-owned enterprise? And you can also just jump in.  I see some hands up, but I’m not sure if those participants are talking about — would like to talk about SOE, but otherwise we want to take questions on SOE first. 

    QUESTIONER: If I may add on the SOEs?  Just to add to that, specifically about Sri Lankan Airlines.  How concerned are you about Sri Lankan Airlines?  Because this is something that has been discussed for several years with a lot of other people as well as with the IMF.  Thank you. 

    DEVAHASADIN: Okay. Thank you so much.

    PAPAGEORGIOU: Yes, thank you. These are good questions. So let me start in general to make some points. 

    So under the program there has been, in general, commitment by the government from the beginning of the program until now to strengthen the governance of SOEs, to get to the bottom of their outstanding debt and resolving legacy debt that they — that’s out there — and implementing those that’s relevant to implementing cost recovery pricing to ensure that they remain financially viable.  These are all very important conditions because they will reduce fiscal risks to the government, to the states, and avoid that they become a burden for public finances, ultimately taxpayers, and all Sri Lankans. 

    So, within those commitments, it’s important to highlight a few that, under the program, these include also containing risks from the guarantees issued to SOEs.  For example, the EFF program includes indicative targets, which are setting ceilings on total and foreign currency treasury guarantees for SOEs.  Another condition is to refrain from new FX borrowing by non-financial state-owned enterprises that already have limited FX revenue so that we don’t introduce more wrong-way risk into these entities.  And also, another one, obviously very important one, is making SOEs more transparent.  You may be aware that we have been advocating and mandating to publishing audited financial statements for the 52 largest SOEs in a timely manner, and that will help bring more light and greater scrutiny. 

    It is also important to ensure that consumers of services of these SOEs receive the best value for the price they pay.  And obviously, that relates to a wider range of SOEs, including also the electricity and the fuel sector.  And this is the same thing as you would expect from a private company.  In other words, you would want SOEs run in the most efficient manner purely on commercial basis and ensuring that they are dependable and, of course, that they are free of corruption.  That is greater big disclosure, good disclosure to that extent. 

    There was a question on Sri Lankan Airlines.  So, we understand that the authorities are underway in preparing a medium-term strategic plan to restore Sri Lankan Airlines’ operational viability and to resolve its legacy debt.  We know that the current budget, the 2025 budget, has set aside 20 billion rupees to pay off some of the debt of the airline.  And we are also aware that Sri Lankan Airlines has also hired a financial advisor to restructure its international bond.  So, these are all steps in the right direction.  But we think these need to pick up pace and take up a little bit faster pace so we can have a good resolution of all these outstanding issues.  So, in general with SOEs, we think there is a way forward, and we want to see more progress there. 

    Thank you.  That was a good question.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan. We have hands up.

    QUESTIONER: Thank you, Pavis, and thank you, Evan, for your presentation.  From News 1st here.  The conditions of the Fourth Review include implementing fire actions related to electricity cost-recovery pricing and ensuring that the automatic electricity price adjustment mechanism functions properly.  In your meetings with the government, do you see this realizing anytime soon?  Because according to the statement that was released earlier, it says that this condition is yet to be met.  Thank you. 

    PAPAGEORGIOU: Thank you. Thank you, I don’t know if — should we take another question? Maybe related to electricity to bunch them up a little bit? 

    DEVAHASADIN: Yep. Anyone else on electricity just come in please.

    QUESTIONER: What we expected the timeline to complete the required by actions such as electricity pricing and financing assurance for Board approval?

    QUESTIONER: I have also question on electricity.  Now, the current problem seems to have been coming from, because of a price cut by the regulator, which the utility didn’t ask for.  So, is there any attempt to give technical assistance or something so that the way the regulator calculates the profits or how they deal with the price proposal of the utility is improved so that this kind of thing doesn’t happen again?

    PAPAGEORGIOU: Thank you for the question. Let me first say that the issue of electricity is one where both the government and us see eye to eye, and there’s strong commitment in seeing these reforms take place because, as you know very well, electricity and dependability of electricity and the high price of electricity have been an issue for a very long time in Sri Lanka. So, government is committed to seeing, to taking the reforms and owning those reforms and making significant progress. 

    So yes, during the review mission discussions that we had in Colombo earlier in April, earlier this month, and here in Washington last week, we discussed many issues.  Our assessment is as early as back in February, when we went to the Board for our Third Review, our assessment of the time, and still is the same, is that the continuous structural benchmark on electricity cost recovery pricing is still not met.  And that means that the price of the tariff – it does not match, does not create enough of an ability for the utility, for the CEB, to be able to meet its costs, the generation costs, and transmission and distribution. 

    In addition to that, the automatic tariff adjustment mechanism based on the bulk supply transaction account, the BSTA, has not operated as we envisaged.  And the April tariff revision that was meant to take place in the second quarter of this year was not implemented.  So as a result of that, given the criticality of electricity cost recovery and under the program, we have proposed, IMF has proposed, the introduction of prior actions relating to restoring electricity cost-recovery pricing and ensuring proper function of the automatic electricity price adjustment mechanism, the BSTA, that I mentioned a few moments ago. 

    The implementation of these prior actions is an important milestone as a requisite, if you will, for the completion of the Fourth Review.  And in terms of the timing; there was a question — of course, we defer to the authorities and to the regulator, the PUCSL, on the exact timing for implementing these actions, these prior actions. But we urge them to do so as soon as possible so that the utility company, CEB, is not incurring financial losses on a forward-looking basis.  In other words, we should avoid, the authorities should avoid, a situation where debt is building up at the CEB, so that the utility company does not become again a significant contingent liability to the government and a burden to the taxpayer. so, it doesn’t become a fiscal drought. 

    I think this is well understood by the authorities.  It has been explained time and time again.  It’s a core pillar of the program that once it is resolved and properly held, it will help fiscal sustainability, and it will make electricity price generation more dependable.  And down the road this will allow for more stability, for more investment, and for the necessary steps to see electricity prices coming down. 

    Hopefully that answers your question, but I’m happy to follow up on anything else.  Thank you.  Pavis, back to you. 

    DEVAHASADIN: Thank you, Evan.

    QUESTIONER: I don’t think my question about whether you consider technical assistance to the regulator was answered.  I also have another question if you can answer. 

    PAPAGEORGIOU: Sure, sure. So yeah, thank you. There’s no technical assistance at the moment in terms of the electricity price generation or any other issues related to this.  In general, the energy policy and the policy for the energy sector, we think the pillars are — there should be a cost reflective energy pricing which is a building block of the program, and we think that within that there should be a greater stability, but it will allow for more reforms. 

    So now we know we understand that there are some proposed amendments to the Electricity Act that are underway, and these are expected to reflect the authority’s strategy to reform the electricity sector.  We understand also there is an intention to have unbundling of generation of transmission and distribution of power.  We obviously take note that there has been action and proposals for greater investment, including also for solar energy projects.  Again, we’re not advising exactly on these issues, but we look forward to seeing more. 

    Now, of course, on the strategy that should be supported by the key stakeholders.  I know that other multilateral, several development partners such as the World Bank and ADB are closely involved on electricity, and they are providing technical assistance to Sri Lanka. 

    So I think that goes to your point. Did you have another question as well? 

    QUESTIONER: Yes.  Regarding the — can you give us any idea about the timing of the review that might take place?  And also, when you said, policy responses that may be needed to meet the tariff problem, what kind of things were you thinking on?  Is it likely to jeopardize the targets and were you planning to give any waivers or what kind of policy responses?

    PAPAGEORGIOU: When you say tariffs do you mean not electricity tariffs, you mean export tariffs, right?

    QUESTIONER: No, no, sorry.  You said because of the tariff shock, from possible tariffs from the U.S. 

    PAPAGEORGIOU: Yes, that’s right.

    DEVAHASADIN: U.S. tariffs.

    QUESTIONER: Yeah.  So then that Sri Lanka might have to do some policy responses.  What kind of policy responses were you thinking?  And also, it jeopardizes the targets in the IMF performance criteria, will they be kind of given waivers? 

    PAPAGEORGIOU: Thank you.

    DEVAHASADIN: Before you begin, I would like to read this question. How do you see the impact U.S. labor tariff on Sri Lanka’s ability to secure and sustain the SLA with global partners?

    PAPAGEORGIOU: Yeah, great. Thank you; these are good questions. In terms of the timing, obviously things are still underway.  This is only a staff-level agreement, which means we have agreed on principle on many things of the underlying Fourth Review and conditions of the prior actions that I mentioned a few minutes ago.  I think there’s good momentum from the authorities’ and everybody else’s point of view in completing the review.  That takes a little while because we understand a lot of these issues are still being discussed and there is more work to be done, both from the authority side and from our side as well.  It’s a long process, as you probably know, in terms of us consulting and redrawing our numbers and our assumptions and having a great confidence in the direction of policy reforms and of the outlook and everything else.  I would say that it will take a little while, maybe a couple more months at least, in terms of finalizing the review.  So hopefully in two months’ time or so, by, let’s say, June, we should be able to have some more news for you on this front. 

    Now, on the issue of U.S. tariffs and how does it affect the country?  Obviously, as I mentioned, trade policy uncertainty is one of the issues that we have discussed quite extensively with the authorities on what could that mean for Sri Lanka’s economy and economic performance.  We know that, obviously, the authorities are committed to achieving program objectives and to see how the targets are being met.  They have also committed to addressing any sort of underperformance or deviation for program targets with remedial measures.  So, we think that we take this commitment very seriously, and we note their strong impetus for delivering on those. 

    Obviously, the global trade policy uncertainties, as I mentioned, is a significant risk.  All I can say at this point is that if these risks materialize, we will work with the authorities to assess the impact of those shocks, and we will support the country in formulating specific policy responses within the contours of the existing IMF program.  We have very frequent discussions with the authorities.  We were discussing, we were talking to them as recently as last Friday, as a few days ago.  We continue talking to them on a daily basis.  Martha talks to them on a constant basis.  And we continue conducting weekly monitoring meetings with the entire team, both here in Colombo as well, so that we can ensure that program performance remains on track. 

    This is all I can say for the moment, but it is very important to note also that the Sri Lankan authorities, the Sri Lankan government, have made great progress in establishing greater connection with bilateral trade partners, including the United States.  And we encourage more action and greater discussion in ensuring that there is a good outcome from these discussions and that the trade policy uncertainty gets resolved and there’s greater certainty. 

    DEVAHASADIN: Thank you. I just got the five minutes remaining warning. I would like to open the floor to anyone who hasn’t asked any questions.  Please feel free to jump in.  Otherwise, I’ll go back to the hand.  Anyone else who hasn’t asked any question?  Well, all right, I see one hand up.

    DEVAHASADIN: Thank you. We’ll come back to you.

    QUESTIONER: Thank you.  I just have a question.  It’s kind of a follow-up to Evan’s previous answer.  You talked about a very limited response that you can give talking about trade policy and the impact of the U.S. tariffs.  But you did say that Sri Lanka had expressed a sort of a commitment to work and work towards the targets it has agreed with the IMF.  But in the most recent weeks post those tariff announcements, targets, as much as you said that they have expressed a willingness to work within the framework – I think you said, within the contours of the agreement – has Sri Lanka expressed concerns about reaching those targets, particularly because these tariffs are believed broadly to have a potential impact on its export earnings?  Obviously, it’s foreign currency earnings and things like that.  So how much of a concern have you heard from the Sri Lankan authorities?  And what is the sort of leeway or the kind of flexibility that Sri Lanka would have within the agreement with the IMF?  I’m sure you have this with a lot of sort of your agreements, but, yeah, where Sri Lanka is concerned, how do you see it?  Thank you. 

    PAPAGEORGIOU: Thank you. That’s a good question. It follows through a little bit from my previous answer, as you said.  I don’t know, given that we don’t have much time, let me go ahead and answer this and maybe we can give five more minutes, Pavis, to other people to ask questions as well. 

    DEVAHASADIN: Sounds good.

    PAPAGEORGIOU: So, first of all, every review, now we’re on the Fourth Review, of the program is an opportunity to assess the economic developments, to review program targets, and to determine the reform agenda and the reform measures that the authorities plan for the period ahead. It just happened that in this review we have a significant trade policy shock. So, in these discussions, we’ve had an understanding of what are the concerns and what is the kind of shock.  And by the way, this is something that we also, as Fund staff, are trying to implement, to understand, to comprehend, and to put into our outlook. 

    So obviously, the 44 percent tariff on Sri Lanka that was announced on April 2nd would have a significant impact, and the authorities understand this very well.  The impact obviously will be on the apparel and rubber industries.  Obviously, as you know very well, these account for a very large share of the country’s exports to the United States.  I believe it’s almost three-quarters, or over 70 percent.  And also, the real sector implications of these are very important because these two sectors, apparel and rubber, employ a lot of workers, in Sri Lanka. Just the apparel industry alone is over 300,000 workers or 320,000 workers.  So, the 90-day pause that was announced has allowed the authorities to engage constructively with the United States.  And we take, take very positive note on this. 

    Now, within, in general, as I mentioned, the global trade policy uncertainty for any small open economy and definitely for Sri Lanka poses significant downside risks.  For these discussions, we understand, obviously, the issues that arise and how they should be baked into the program.  If there is any substantial risk that may pan out either on the back of tariffs or some other disruption, we will work with the authorities to incorporate them to assess their impact and put them into policy responses. 

    At this point, it will be a little premature of me to talk about specific issues, but we’ve had a lot of discussions, and we think that the authorities are doing the best they can to address these issues.  It’s important to also mention that here that any time is a good time for implementing more reforms for discussing greater options towards having more trade policy responses.  And we believe that Sri Lanka should continue exploring also additional ways in making its exports more marketable and appealing to a wider range of counterparts. 

    DEVAHASADIN: Thank you, Evan. I’ll give the final question. We are running out of time, but I think we have enough time for one last question.

    QUESTIONER: Thank you.  It’s about the tax revenues.  According to the 2025 budget, much of the tax revenue is expected from vehicle imports, and we have — from the dealers that of the vehicles have been imported in the last two months, about 75 percent have been sold.  Of course, even though 25 percent may not have been sold, still the government has got revenue for those because they have been cleared through customs. That is no issue, but it would probably have implications for future demand.  So, the market is sort of not as vibrant, as there doesn’t seem to be a huge pent-up demand.  How concerned are you that this one single item in the budget, which is sort of going to underpin tax revenue, may not materialize this year?  Thank you.  Thank you.

    PAPAGEORGIOU: So obviously the authorities have made significant progress on creating greater opportunities for revenue and for collecting more. You may very well know that the situation was far worse in terms of tax revenue, as I mentioned in my earlier remarks, as early as couple of years ago. So obviously there is definitely progress. On this year’s discussion,

    I think there is a lot of the progress; has been a positive one.  There has been greater progress towards ensuring more revenue that could be collected from a range of measures.  You mentioned very accurately that the lifting of the import ban on motor vehicles is a very, very important. I would say the primary measure underpinning the revenue package.  We saw that, also in the budget, it is expected to yield 1.2 percent of GDP in 2025.  And that’s about 80 percent of the 1.5 percent of GDP in all tax revenue.  So obviously, as you mentioned, this is very important to get right and to continue with the momentum. 

    We note from the latest data that we have monitoring and we’re getting is that there is actually a good momentum on those motor vehicle imports.  So as my latest data — I was trying to find them — from what I remember, there has been quite a lot of good increase in the letters of credit.  I believe it’s around USD $350 million that were open.  These are letters of credit that are attached to importing vehicles.  So, we think that the associated revenue that will be incurred from those imports is starting to come on pace, and that’s a very important and encouraging sign.  So, we look forward to seeing more. 

    Of course, I mentioned a moment ago as well that if there are signs that — that there is underperformance of revenues or if there is a revenue shortfall, we have discussed with the authorities, and they are committed to implementing contingency revenue measures, and this will go a long way in ensuring fiscal sustainability and greater revenue.  Thank you. 

    DEVAHASADIN: Thank you, Evan. Unfortunately, we’re at time. Before we close, Evan, do you have any parting words? 

    PAPAGEORGIOU: No, I thank you very much. I thank you all for being here. I look forward to continuing to engage with you, and Martha and I know that we have a great relationship with all of you and a frequent interaction.  We are happy to continue taking your questions.  We now are moving forward completing the Fourth Review in the next couple of months, so we will certainly communicate more as we get towards that goal.  We will also try to have another similar discussion and press conference at the end of that review if all goes well.  Let me just mention again that we are fully committed in supporting the economy and the Sri Lankan authorities, both in the current issues that they are facing and just more broadly on formulating the appropriate policy responses and the necessary form.  Thank you all very much for being here.  I wish I was in Colombo, but I look forward to seeing you again in the next few months.  Thank you. 

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Pavis Devahasadin

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/04/30/tr-042925-press-briefing-sla-4th-rev-sri-lankas-reform-program-supported-by-eff-arrangement

    MIL OSI

    MIL OSI Russia News –

  • MIL-OSI USA: Speaker Johnson Presents Congressional Gold Medal to the Six Triple Eight

    Source: United States House of Representatives – Representative Mike Johnson (LA-04)

    WASHINGTON — Tuesday afternoon, Speaker Johnson hosted a bipartisan Congressional Gold Medal Ceremony to honor the 6888th Central Postal Directory Battalion, commonly known as the Six Triple Eight. The battalion was the first and only all-Black, all-female unit to serve overseas in Europe during World War II. The Six Triple Eight, under the command of Lieutenant Colonel Charity Adams Earley, was instrumental in clearing the U.S. Army’s backlog of over 17 million pieces of mail in only three months, twice as fast as projected.

    The ceremony was held in Emancipation Hall in the U.S. Capitol and featured remarks from Speaker Johnson, Leader Thune, Leader Schumer, Leader Jeffries, Senator Moran, Senator Rosen, Representative Moore, former Representative LaTurner, and Colonel Edna Cummings. Stanley Earley III and Judith Earley, children of Lieutenant Colonel Charity Adams Earley, accepted the medal on behalf of the 855 women who served in the Six Triple Eight.

    Watch the Speaker’s remarks here

    Read Speaker Johnson’s remarks below:

    It’s a beautiful spring afternoon. We’re so happy to have you all, and I want to welcome my colleagues in Congress, of course, officials of the United States Army, distinguished guests. We’re so happy to have you at the United States Capitol today. We are honored to be joined by over 300 descendants and family members of the six triple eight.

    What a testament this is to the enduring impact of these remarkable women that we honor today. This ceremony reflects one of the highest and most cherished traditions of our republic, one that’s roots stretch back all the way to General George Washington, Ulysses S Grant and the Wright brothers.

    The Congressional Gold Medal is the highest honor this body can bestow. It’s reserved for those whose courage and service shaped our country and our nation’s story. It’s in this spirit that we gather to award this medal to the 6888, the Central Postal Directory. It’s 6888, but we call it the six triple eight.  

    This battalion was the first and the only unit of African American women to serve overseas during World War II. As tens of thousands of Allied forces made their final push across Europe, the mail system was stretched thin from scarce resources. It was crippling under the weight of wartime logistics.

    Then, just as today, letters of home were very, very important. They were lifelines that grounded the soldiers. They reminded our brave heroes of all they were fighting for, it was actually waiting back at home. Morale reports during the war underscore just how important mail was to the soldiers’ spirit, so much so that the phrase no mail, low morale became widespread. It was later adopted by the army as the official motto of the six triple eight yet for all the importance of mail, millions of undelivered letters piled up in dark warehouses across Europe, and those letters might well have stayed there, were it not for the work of the women that we celebrate today?

    Under the command of Lieutenant Colonel Charity Adams Earley, the battalion – Parenthetically, I just want to note she sounds like a Marvel, hero, that name is so awesome. Charity Adams Earley. The battalion deployed to England and got to work on the on the backlog. They worked in three ships, around the clock, day in and day out, to sort through the literal mountains of mail that had accumulated, all while navigating troop movements that turned on a dime, incomplete addresses, illegible writing, and thousands of soldiers who shared the same names.

    Listen to this. This is just one example. Okay, my name is Mike Johnson. Right, at this time, I know it’s sad. At this time, Michael was the ninth most popular name, and Johnson was one of the top five surnames. So, my staff did the math. They said, Sir, it’s pretty safe to assume that roughly 30,000 Mike Johnson’s served in World War II, and that’s enough to fill Fenway Park.

    Now just imagine the challenge that these ladies have. They were trying to get the right letter to the right soldier, and that’s the kind of that’s the kind of challenge that they faced. With great ingenuity, they maintained a tracking system of 7 million ID cards to solve the issue of soldiers curing names. They didn’t have all the high-tech gadgets that we have today. They had to do it manually.

    Processing roughly 65,000 pieces of mail per shift, they cleared the entire backlog in no less than three months.

    Listen to this. By the war’s end, the Six Triple Eight had sorted over 17 million pieces of mail. They got the job done, even in the face of inadequate supplies and even in the face of discrimination, both for women within the Army and back home. These women were valiant members of our Greatest Generation, artists, academics, athletes, women who wanted went on to pursue higher education, to build families, to buy homes, and shape the very foundation of the American middle class.

    We remember women like Margaret Sales, who enlisted on her 20th birthday. She enlisted on her 20th birthday, and she had dreams of pursuing music and teaching. We remember women like Romay Davis. She used the GI Bill to attend fashion school, and decades later, earned her black belt in her 70s. Tough ladies.

    We also, of course, remember the incomparable Lieutenant Colonel Charity Adams Earley who guided her unit. She faced all those challenges and she guided her unit with unshakable grace and resolve. And even after earning her degree in mathematics, Latin and physics, she returned to her studies after the war, and she said this famously, “After handling 855 women, any course in college would be a cinch.”

    We’re blessed that two members of the Six Triple Eight are still with us today, watching from home. They are, and we want to salute them from here in the chamber. Fannie McClendon, who hails from my home state of Louisiana, all right. She went on to serve her country as a Major in the Air Force. We also have Anna Mae Robertson watching at home. Just last month, she celebrated her 101st birthday. Ms. Anna Mae, you got a big group here.

    Okay, these women and the entire Six Triple Eight, are great American patriots, loyal to a nation that, for far too long, failed to return that favor. And I’m glad to say that that’s changing, and we’re doing that here today.

    This remarkable story has rightly captured imaginations, it has now inspired books and movies, stirred the conscience of millions of Americans who are just now hearing and sharing this incredible story. Today here in the people’s house, we add to that story. So, thank you all for being here. We are honored to host you and to celebrate these exceptional women. God bless you.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Congressman Scott Perry Introduces Eliminating the RFS and Its Destructive Outcomes Act

    Source: United States House of Representatives – Congressman Scott Perry (PA-10)

    Washington D.C. – Today, Congressman Scott Perry (PA-10) announced the introduction of the “Eliminating the RFS and Its Destructive Outcomes Act,” a critical piece of legislation designed to eliminate the Renewable Fuel Standard (RFS) and its significant harm upon American consumers, workers, and the environment.

    “Eliminating the RFS is a vital step in preserving essential jobs and reducing inflationary pressures,” said Congressman Scott Perry. “By removing this mandate, we can curb the rising costs that are stretching household budgets to their limits.

    While the RFS was intended to foster the use of environmentally friendly fuels, the environmental benefits of ethanol, particularly in replacing gasoline, are highly questionable. When evaluating the full environmental impact of increased corn production – including the water, land, and energy resources required – it’s clear that the RFS has produced net negative environmental consequences.”

    The RFS originally was enacted with the noble goal of reducing America’s dependence on foreign oil and promoting environmentally friendly fuel alternatives; however, it failed on both fronts. Its unintended consequences have had detrimental impacts on our economy, energy independence, and environment.

    One of the most pressing RFS issues is its devastating effect on the American People, particularly due to the negative effects on the domestic refining industry. RFS created regulatory burdens that undermine US refining capacity, and forced many refineries to scale back operations or close altogether – which, in turn, increases our reliance on foreign oil and fuels inflation, and further drives up the prices of food and fuel for American families.

    MIL OSI USA News –

  • MIL-OSI Asia-Pac: WAVES 2025 Transforming India into a Global M&E Powerhouse

    Source: Government of India

    Posted On: 30 APR 2025 6:43PM by PIB Delhi

    Introduction

    Get ready for a landmark celebration of creativity, technology, and storytelling as WAVES 2025 — the World Audio Visual & Entertainment Summit — takes center stage in Mumbai from May 1st to 4th. Hosted by the Government of India, this first-of-its-kind global event brings the spotlight to India’s vibrant Media & Entertainment sector, transforming the Jio World Convention Centre into a dynamic hub of imagination, innovation, and opportunity.

    With over 100,000 registrations, including 1,100+ international participants, WAVES 2025 is where filmmakers, tech pioneers, creators, investors, and industry leaders come together to shape the future of entertainment. From the legendary voices of Amitabh Bachchan and Shah Rukh Khan to the tech leadership of Satya Nadella and Sundar Pichai, the summit unites visionaries across sectors in a powerful showcase of talent and ambition.

    This is more than a summit — it’s a movement to position India as a global creative and digital powerhouse. With exciting highlights like the Create in India Challenge, cutting-edge exhibitions, startup pitches, cultural performances, and high-level dialogues, WAVES 2025 marks a bold step into the future—where culture meets code, and tradition meets transformation.

    Create in India Challenge Season 1

    The Create in India Challenge (CIC) is a strategic initiative aimed at empowering India’s content creators. By providing a platform for innovation and creative expression, CIC seeks to strengthen India’s creators’ economy, enhance soft power, and position emerging talent for global recognition. The initiative supports monetization of skills and contributes to the growth of the media and entertainment industry.

    CIC brings an exciting lineup of 32 unique challenges across creative, tech and cultural fields. Launched on August 22, 2024, it attracted massive participation from across India and around the world! The challenges have attracted entries from over 60 countries, reflecting the global appeal and reach of this pioneering initiative. From this exceptional pool of talent, 750 finalists will be given the opportunity to showcase their creative skills and outcomes at Creatosphere, a specially curated platform featuring innovation across animation, comics, AI, XR, gaming, music, and more, as part of WAVES 2025. The winners of these challenges will be conferred the prestigious ‘WAVES Creator Awards’ in a grand red carpet ceremony on Day 2 of the event.

    1. WAVES Promo Video Challenge: A unique contest designed to discover powerful and inspiring audiovisual content that captures and showcases the spirit and ambition of the WAVES 2025, through a video.

    Total Registrations

    164

    Finalists

    3
    1. Truth Tell Hackathon: Tech innovators, data experts, and media professionals were called to develop AI solutions that tackle misinformation and promote credible journalism.

    Total Registrations

    5650

    International Registrations

    186

    Finalists

    5
    1. Community Radio Content Challenge: This exciting competition aims to celebrate and showcase the creativity, innovation, and impact of community radio stations across India.

    Total Registrations

    246

    International Registrations

    14
    1. WAVES Hackathon Ad spend Optimizer: Participants worked on using data science, machine learning, and statistical modeling to create solutions that help advertisers make smarter, data-driven decisions. The goal was to maximize ROI and support marketing objectives.

    Total Registrations

    115

    International Registrations

    1
    1. Make The World Wear Khadi: Aims to blend India’s rich textile heritage with global fashion trends, offering an exciting challenge to advertising professionals and freelancers.

    Total Registrations

    770

    Finalists

    5
    1. Wah Ustad: It aims to nurture exceptional talent in Hindustani, Carnatic, and soulful Sufi music while preserving and promoting India’s rich musical legacy.

    Total Registrations

    300

    International Registrations

    3
    1. Battle Of the Bands: Designed to push the limits of creativity and music, while promoting a sense of community, innovation and growth within the industry

    Total Registrations

    200
    1. Symphony Of India: The event featured a diverse range of musical performances across various genres, celebrating the broad tastes of music lovers.

    Total Registrations

    212
    1. Theme Music Competition: Songwriters, singers, performers and music creators were invited to create and share a piece of music that resembles Indian classical music or a fusion of classical and contemporary music instruments and styles.

    Total Registrations

    212

    Runner-ups

    4

    Winner

    1
    1. Resonate EDM Challenge: Aims to spotlight and celebrate global talent in production of Electronic Dance Music (EDM), fostering collaboration, innovation, and creativity in music production and live performance. This initiative aligns with the “Create in India” mission, showcasing India as a hub for global creativity and entertainment.

    Total Registrations

    394

    International Registrations

    10

    Finalists

    10
    1. India A Bird’s Eye View: Passionate drone pilots and filmmakers were invited to capture the breathtaking beauty and diversity of India in a 2-3 minute video, showcasing the country from the unique perspective of aerial drone cinematography.

    Total Registrations

    1324

    Finalists

    5
    1. Anti-Piracy Challenge: This competition focuses on encouraging and supporting innovative solutions created by local companies in fingerprinting and watermarking technologies.

    Total Registrations

    1600

    Finalists

    7
    1. Comics Creator Championship: Comic Making Competition for amateur and professional artists.

    Total Registrations

    1560

    Finalists – Professional Category

    5

    Finalists – Amateur Category

    5
    1. WAVES Anime and Manga Challenge: An innovative initiative aimed at harnessing the growing interest in manga and anime in India.

    Total Registrations

    2400

    International Registrations

    7

    Runner-Ups

    3 (5 Different Categories)

    Winners

    7 (5 Different Categories)
    1. Animation Filmmakers Competition: Aimed at uncovering and empowering India’s storytellers in the field of animation.

    Total Registrations

    1290

    International Registrations

    19

    Finalists

    42
    1. Game Jam: An exciting opportunity for India’s game developers to showcase their creativity and innovation.

    Total Registrations

    5569

    Finalists

    10
    1. Esports Tournament: The eFootball and World Cricket Championship (WCC) competitions are held in batches, each offering thrilling matchups, with the champions being crowned at WAVES.

    Total Registrations

    35008

    Finalists (All Phases)

    10
    1. City Quest: Shades of Bharat: An educational game to celebrate Bharat’s urban development.

    Total Registrations

    2594

    International Registrations

    15
    1. XR Creator Hackathon: Challenge that invites developers from across India to push the boundaries of augmented and virtual reality.

    Total Registrations

    2205

    Winners (All Themes)

    5
    1. Innovate2educate Handheld Device Challenge: Academia, designers, engineers, and innovators were invited to develop a prototype of an educational handheld device that makes learning math, solving puzzles, and boosting cognitive skills fun and interactive.

    Total Registrations

    1826

    International Registrations

    513

    Finalists

    10
    1. AI Avatar Creator Challenge: The challenge focused on creating AI avatars: personalized, interactive digital personas that engage with users like human influencers in virtual spaces.

    Total Registrations

    1324

    International Registrations

    100
    1. WAVES Awards Of Excellence: A prestigious competition recognizing outstanding showreels and AdFilms in animation, VFX, gaming, and related fields, celebrating creativity and innovation.

    Total Registrations

    1331

    International Registrations

    63
    1. Bharat Tech Triumph Program: A contest to identify and empower the top gaming and interactive entertainment innovators.

    Total Registrations

    1078

    International Registrations

    12

    Winners

    20

     

    1. WAVES VFX Competition: Participants were tasked with creating a visual effects sequence or short film featuring a superhero with extraordinary powers, but using them in the context of everyday, mundane life.

    Total Registrations

    1367

    Finalists

    14
    1. WAVES Comic Chronicles: This competition invited comic submissions on any chosen theme, requiring a minimum of 60 panels, with each image or scene representing a single panel.

    Total Registrations

    1145

    International Registrations

    62

    Finalists

    50 (Both in General and Student Track)

     

    1. WAVES Explorer: Invited participants on a captivating journey to showcase India’s rich cultural heritage and creativity. Participants created YouTube videos (up to 1 minute) or vlogs (up to 7 minutes) highlighting their favorite aspects of India.

    Total Registrations

    6932

    International Registrations

    30

     

    1. Reel Making Competition: Participants were invited to create engaging reels on themes such as food, travel, fashion, dance, music, gaming, yoga & wellness and tech.

    Total Registrations

    7812

    International Registrations

    55
    1. Young Filmmakers Challenge: The competition aimed to foster innovation, storytelling skills, and digital literacy among young participants through a concise 60-second film format.

    Total Registrations

    905

    International Registrations

    2

     

    1. Film Poster Making Competition: A unique opportunity to create innovative and visually compelling reimagined film posters to celebrate and promote the rich film poster heritage of India.

    Total Registrations

    543

    International Registrations

    29

    Finalists

    50

    Winners

    3
    1. Trailer Making Competition: Filmmakers, both seasoned and emerging, were invited to craft compelling trailers using Netflix content, offering a chance to reimagine iconic scenes or highlight fresh perspectives.

    Total Registrations

    3500

    International Registrations

    36

    Finalists

    20
    1. Unreal Cinematics Challenge: The Unreal Cinematics Challenge by TVAGA provided a platform for artists, animators, and content creators to showcase their storytelling and technical skills using Unreal Engine.

    Total Registrations

    700

    International Registrations

    1
    1. WAVES Cosplay Championship: A grand celebration of pop culture, creativity, and craftsmanship, bringing together participants showcasing their talents on the final day. It highlights genres such as Indian history, manga, anime, comics and games.

    Total Registrations

    513

    International Registrations

    3

    Finalists

     29

     

    Conclusion

    As WAVES 2025 nears its grand finale, thousands of participants from across the globe will come together to showcase their creativity, innovation, and talent. With a diverse range of challenges and an unparalleled platform for collaboration, WAVES is set to make a lasting impact on the future of India’s media and entertainment landscape.

    References

    https://cic.wavesindia.org/cic-dashboard/

    https://wavesindia.org/challenges-2025

    https://pib.gov.in/PressReleasePage.aspx?PRID=2122688

    Kindly find the pdf file

    ****

    Santosh Kumar/ Sarla Meena/ Kamna Lakaria/ Priya Nagar

    (Release ID: 2125564) Visitor Counter : 58

    MIL OSI Asia Pacific News –

  • MIL-OSI USA: AG Labrador Issues Fraud and Safety Alert Regarding Deceptive Door-to-Door Sales Technique Reported in Idaho

    Source: US State of Idaho

    Home Newsroom AG Labrador Issues Fraud and Safety Alert Regarding Deceptive Door-to-Door Sales Technique Reported in Idaho

    BOISE — Attorney General Raúl Labrador issued a Consumer Alert today warning Idahoans about door-to-door salesmen falsely claiming to offer a government inspection and free audit program for energy efficiency and weatherization as a pretext to gain entry into homes. Multiple official sources have confirmed that no such government programs currently exist in Idaho.
    “As warmer weather arrives this summer, more door-to-door sales activity is expected across Idaho,” said Attorney General Labrador. “Most businesses operate honestly, but consumers should always be cautious of scams and bad actors. You should never feel obligated to let a stranger into your home without verifying who they are. Your personal safety should always come first.”
    Idaho consumers should remain vigilant about door-to-door sales, regardless of the product or service being offered, the Attorney General cautioned. Many cities and counties across Idaho require door-to-door salespersons to register and obtain permits. Consumers have the right to request to see this permit. If a salesperson cannot produce one, the consumer should immediately report them to the appropriate city or county authorities.
    If you believe a business has engaged in deceptive or misleading sales practices or has otherwise violated the Idaho Consumer Protection Act, you are encouraged to file a complaint with the Idaho Attorney General’s Consumer Protection Division. Complaints can be submitted online using the Consumer Complaint Form, where consumers may also upload documents that support their concerns.
    The Attorney General’s Consumer Protection Division offers an informal dispute resolution process by forwarding the complaint to the business and requesting a written response. While our office cannot compel a business to resolve a complaint, many businesses respond constructively when contacted.
    In addition to reporting to our office, the Federal Trade Commission recommends submitting fraud reports at www.ReportFraud.ftc.gov.
    Please note: The Attorney General’s Office is not authorized to provide legal advice to private individuals or organizations. If you require legal guidance, we encourage you to consult a private attorney.

    MIL OSI USA News –

  • MIL-OSI Security: 18th Street Gang Member Sentenced to 45 Years in Prison for Racketeering Conspiracy and Two Murders

    Source: Office of United States Attorneys

    Defendant Recorded Victim Being Stabbed More than 100 Times and Sent the Video to Other Gang Members as a Warning Not to Cooperate with Law Enforcement

    Earlier today, at the federal courthouse in Brooklyn, Yanki Misael Cruz-Mateo, a member of the 18th Street gang, a transnational criminal organization, was sentenced by United States District Judge LaShann DeArcy Hall to 45 years’ imprisonment for racketeering conspiracy in connection with his participation in two murders: the October 25, 2017 murder of 20-year-old Jonathan Figueroa in Saugerties, New York, and the February 2, 2018 murder of 20-year-old Oscar Antonio Blanco-Hernandez in Queens.

    John J. Durham, United States Attorney for the Eastern District of New York, and Christopher G. Raia, Assistant Director in Charge, Federal Bureau of Investigation, New York Field Office (FBI), announced the sentence.

    “Cruz-Mateo committed two horrific murders and boasted about the carnage in video and text messages to instill fear, exact retribution, and promote gang violence,” stated United States Attorney Durham.  “The lengthy sentence imposed today delivers a powerful message that senseless violence carries serious consequences. My Office will continue our tireless efforts to investigate and prosecute violence carried out by the 18th Street and other transnational criminal organizations.  It is my sincere hope that the justice meted out today provides a measure of comfort and closure for the victims’ loved ones.”

    Mr. Durham expressed his appreciation to the United States Attorney’s Office for the Northern District of New York, the Ulster County District Attorney’s Office, the Queens County District Attorney’s Office, the New York State Police, the Kingston Police Department, and the New York City Police Department for their assistance on the case.

    “Yanki Misael Cruz-Mateo, an 18th Street gang member, lured two victims to their brutal murders as retribution for perceived disloyalty and affiliation with rival organizations,” stated FBI Assistant Director in Charge Raia.  “His actions mirror the gang’s depravity and its lawless prioritization of social status over human life.  May today’s sentencing offer a semblance of justice for the victims’ families and highlight the FBI’s continued determination to eradicate all brutal gang violence plaguing our communities.

    Today’s sentence is the latest achievement in a series of prosecutions by this Office and our law enforcement partners of the leaders, members, and associates of 18th Street.  According to court filings and proceedings, 18th Street is a transnational criminal organization and violent street gang with members and associates residing throughout New York State, including Queens and Long Island, elsewhere throughout the United States, including Houston, Texas, and Central America. Members of 18th Street regularly engage in murder, attempted murder, assault, extortion, illegal drug and firearms trafficking, false identification document production, witness tampering, and money laundering.

    October 25, 2017 Murder of Jonathan Figueroa

    As set forth in court filings, including the government’s sentencing memorandum, in the late evening hours of October 24, 2017, Cruz-Mateo lured and travelled with Figueroa from Queens to Kingston, New York. Upon their arrival in Kingston, they were met by Israel Mediola Flores and other 18th Street members and associates who, into the early morning hours the following day, brought Figueroa to Turkey Point State Forest, brutally stabbed him to death and buried him in a makeshift grave.  Cruz-Mateo ordered the murder to be video-recorded and captured multiple 18th Street members and associates repeatedly stabbing Figueroa, slashing his throat and severing his ear.  In the video, Cruz-Mateo stated that Figueroa was being murdered for “being a rat.” Cruz-Mateo then sent the video to other 18th Street members as a warning.  Figueroa’s body was discovered in February 2018 by the FBI, along with state and local law enforcement authorities, in a five-foot deep grave in Turkey Point State Forest.  The victim had sustained more than 100 stab wounds.

    Co-defendants Walter Fernando Alfaro Pineda, Israel Mediola Flores, and Jose Douglas Castellano pleaded guilty to Figueroa’s murder. Mediola Flores was sentenced to 425 months in prison; Pineda and Castellano are awaiting sentencing.

    February 2, 2018 Murder of Oscar Antonio Blanco-Hernandez

    On February 2, 2018, several gang members killed Blanco-Hernandez because they believed he was a member of the rival MS-13 gang.  Co-defendant Jose Chacon had met Blanco-Hernandez weeks earlier through their mutual employer, a New Jersey-based house painting company.  On the morning of the murder, co-defendant Carolina Cruz and Chacon picked up Blanco-Hernandez at his home in New Jersey under the guise of going to smoke marijuana as friends.  Cruz and Chacon drove Blanco-Hernandez to Queens where they met 18th Street gang members, including Cruz-Mateo and co-defendant Yoni Sierra, who entered the rear passenger seat of Cruz’s car on opposite sides, sandwiching Blanco-Hernandez between them.  Cruz drove Chacon, Cruz-Mateo, Sierra, and their victim about 1.6 miles away to a quiet residential neighborhood.  Cruz-Mateo, Sierra, and Blanco-Hernandez got out of the car and started walking eastbound, while Cruz and Chacon stayed behind with the car.  After walking for a few minutes, Cruz-Mateo drew a .380 caliber semiautomatic handgun and shot Blanco-Hernandez in the back of the head, killing him instantly. Blanco-Hernandez’s body was discovered on a residential street in the Jamaica Hills section of Queens.  He sustained three gunshot wounds: two gunshots to the torso and one to the head.

    Sierra, Chacon, and Cruz also pleaded guilty to Blanco-Hernandez’s murder.  Chacon was sentenced to 269 months in prison; Sierra to 204 months in prison; and Cruz to 150 months in prison.

    This case is part of an ongoing Organized Crime Drug Enforcement Task Forces (OCDETF) investigation led by the United States Attorney’s Office for the Eastern District of New York and the FBI.  The principal mission of the OCDETF program is to identify, disrupt, and dismantle the most serious drug trafficking, weapons trafficking, and money laundering organizations, and those primarily responsible for the nation’s illegal drug supply.  OCDETF uses a prosecutor-led, intelligence-driven, multi-agency approach that leverages the strengths of federal, state, and local law enforcement agencies against criminal networks.

    The government’s case is being handled by the Office’s International Narcotics and Money Laundering Section.  Assistant United States  Attorneys Jonathan P. Lax, Erin Reid, Margaret Schierberl, Adam Amir, and Rebecca Urquiola are in charge of the prosecution, with the assistance of Paralegal Specialists Tareva Torres and Samuel Ronchetti.

    The Defendant:

    YANKI MISAEL CRUZ-MATEO (also known as “Yenki Misael Cruz Mateo,” “Yankee Mateo,” “Doggy,” and “Wino”)
    Age: 25
    Jamaica, Queens

    Co-Defendants Previously Convicted:

    ERIC CHAVEZ (also known as “Lunatico”)
    Age: 25
    Jamaica, New York

    WALTER FERNANDO ALFARO PINEDA (also known as “Clever”)
    Age: 45
    Houston, Texas

    ISRAEL MEDIOLA FLORES (also known as “Chapito” and “Sinaloa”)
    Age: 29
    Kingston, New York

    YONI ALEXANDER SIERRA (also known as “Arca,” “Arc Angel” and “Wasson”)
    Age: 26
    Jamaica, Queens

    JOSE JIMENEZ CHACON (also known as “Little One”)
    Age: 26
    New Brunswick, New Jersey

    CAROLINA CRUZ (also known as “La Fiera”)
    Age: 31
    Elizabeth, New Jersey

    JOSE DOUGLAS CASTELLANO (also known as “Chino”)
    Age: 26
    Brooklyn, New York

    JUNIOR ZELAYA-CANALES (also known as “Terco”)
    Age: 28
    Jamaica, New York

    E.D.N.Y. Docket No. 18-CR-139 (S-7) (LDH)

    MIL Security OSI –

  • MIL-OSI Security: Illinois Man Admits Trying to Arrange Florida Murder

    Source: Office of United States Attorneys

    CAPE GIRARDEAU – A man from Illinois on Wednesday admitted trying to have a business associate in Florida murdered.

    Ben Patrick Mullavey, 66, of Mechanicsburg, in Sangamon County, pleaded guilty in U.S. District Court in Cape Girardeau to one felony count of use of interstate commerce facilities in the commission of attempted murder-for-hire. As part of his plea, Mullavey admitted offering cash to a former employee to commit the murder.

    On Jan. 3, 2024, Mullavey picked up the former employee in Missouri and took him to a McDonald’s restaurant. There, Mullavey flashed a stack of cash and said he wanted his business partner killed. On Jan.11, 2024, the employee drove to Mullavey’s house. During the next three days, the employee helped Mullavey with construction work as they discussed the murder. Mullavey said he had been planning the murder for months, had conducted surveillance of the victim in Florida and had stolen a Florida license plate in preparation for the murder. Mullavey suggested the best time and place to commit the murder and how to avoid being identified on surveillance cameras. He also discussed several possible ways of disposing of the victim’s body, including using lime to dissolve it. Many of the conversations were audio and video recorded.

    On Jan. 13, 2024, the employee left Mullavey’s home with orders to kill the victim. Mullavey also gave him a crossbow, arrows, the stolen Florida license plate, handwritten directions to a restaurant located next door to the victim’s business and $2,100 in cash, Mullavey’s plea agreement says.

    Mullavey is scheduled to be sentenced July 22. The attempted murder-for-hire charge is punishable by up to 10 years in prison, a $250,000 fine or both.

    The FBI investigated the case. Assistant U.S. Attorney Christopher Shelton is prosecuting the case.

    MIL Security OSI –

  • MIL-OSI Security: Five Men Charged Following Largest Single Seizure of Machinegun Conversion Devices in the Middle District of Alabama

    Source: Office of United States Attorneys

    Montgomery, AL. – Acting United States Attorney Kevin Davidson announced today that four men are facing federal charges in connection with the largest single seizure of machinegun conversion devices (MCDs) ever recorded in the Middle District of Alabama. A fifth individual is facing related state charges. Acting Special Agent in Charge Jason Stankiewicz of the Bureau of Alcohol, Tobacco, Firearms, and Explosives (ATF) Nashville Field Division, and Alabama Law Enforcement Agency Secretary Hal Taylor joined Davidson in the announcement.

    Machinegun conversion devices are small, often easily concealed components that illegally convert semi-automatic firearms into fully automatic weapons. These devices are classified as machineguns under federal law, even if not installed on a firearm.

    On April 23, 2025, a federal grand jury indicted 22-year-old Maceo Levar Edwards and 22-year-old Elliott Arjuna Turner, both of Montgomery, Alabama, charging them with the illegal possession of 53 machinegun conversion devices and the unlawful transfer of a federally regulated firearm. According to the indictment and other court records, the charges stem from an April 3, 2025, operation during which Edwards and Turner were allegedly found with the illegal devices after leaving a residence in Montgomery.

    Later that day, agents made contact with 24-year-old Jemarion Fe’Qon Lausane at the same residence. Lausane was arrested on site and now faces federal charges of possession with intent to distribute marijuana and possession of a firearm in furtherance of a drug trafficking crime.

    On April 25, 2025, another individual connected to the investigation — 22-year-old Ke’Marcus Simmons of Selma, Alabama — was charged with the federal crime of illegal possession of a machinegun.

    In a related development, Jalen Rodgers is facing state charges for the possession of machinegun conversion devices following the execution of a search warrant at his home in Repton, Alabama, on April 18, 2025. The search of Rodgers home was part of the investigation that began on April 3, 2025.

    This investigation was led by the Metro Area Crime Suppression (MACS) Unit, a multi-agency task force that includes personnel from the Alabama Law Enforcement Agency, Montgomery Police Department, Montgomery County Sheriff’s Office, and ATF.

    An indictment or criminal complaint is merely an allegation. All defendants are presumed innocent unless and until proven guilty in a court of law.

    If convicted on all charges, Edwards, Turner, and Simmons each face up to 10 years in federal prison. Lausane faces a sentence ranging from five years to life. There is no parole in the federal system.

    Assistant United States Attorney Christopher P. Moore is prosecuting the four federal cases.

    These federal prosecutions are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETF) and Project Safe Neighborhoods (PSN).

    MIL Security OSI –

  • MIL-OSI Global: The legal limits of Trump’s crackdown on sanctuary cities like Philadelphia

    Source: The Conversation – USA – By Jennifer J. Lee, Associate Professor of Law, Temple University

    Immigrant rights advocates call on Philadelphia officials to strengthen the city’s sanctuary policies at a rally on Dec. 10, 2024. Manuel Vasquez/Juntos, CC BY-NC-SA

    President Donald Trump signed an executive order on April 28, 2025, that demands the U.S. attorney general, in coordination with the secretary of Homeland Security, publish a list of cities and states that obstruct the enforcement of federal immigration laws, with the purpose of protecting Americans from “criminal aliens.”

    Philadelphia will likely end up on the list.

    Philadelphia is what’s known as a sanctuary city. While the term has no fixed definition, it usually refers to a city that has declared its refusal to cooperate – or even works at odds – with federal immigration enforcement.

    As a law professor at Temple University in Philadelphia, where I supervise students who represent low-wage immigrant workers, I know that sanctuary policies can slow the federal immigration enforcement system.

    But the bottom line is that federal immigration officers – usually U.S. Immigration and Customs Enforcement – can still carry out deportations in a sanctuary city.

    Further, there is no question that localities such as Philadelphia can legally decide not to cooperate with federal immigration enforcement. Cities, like states, have constitutional protections against being forced to administer or enforce federal programs. The Trump administration cannot force any state or local official to assist in enforcing federal immigration law.

    What remains to be seen is what, if any, action the administration will take against those jurisdictions that end up on their list of sanctuary cities.

    Philly’s sanctuary policies

    My work has involved researching sanctuary policies as well as how often ICE relies on local law enforcement to help identify and turn over immigrants.

    Philadelphia’s various sanctuary policies break that connection and leave ICE to its own devices. They also signal to immigrants that the city is not in the business of federal immigration enforcement. Research shows this helps immigrants feel safer to access public benefits and services such as getting care at a community health center or calling the police without fear of immigration consequences.

    Protestors participate in an ‘Abolish ICE’ march through downtown Philadelphia in 2018.
    Bastiaan Slabbers/NurPhoto via Getty Images

    Philadelphia’s most notable sanctuary policy, an executive order signed by then-Mayor Jim Kenney in January 2016, is its refusal to have its jails honor ICE detainers or requests for release dates. An ICE detainer is a voluntary request asking local officials to hold an immigrant, who is otherwise going to be released, for an additional 48 hours so ICE can pick them up.

    Failing to honor ICE detainers disrupts the deportation pipeline and makes ICE’s job more difficult.

    Another key Philadelphia sanctuary policy dates back to 2009 and was signed by then-Mayor Michael Nutter. It makes clear that city officials do not police immigration. Not only are all city workers – including police, firefighters and behavioral health workers – prohibited from asking about immigration status in most situations, but police are specifically directed not to stop, arrest or detain a person “solely because of perceived immigration status.”

    Yet there is no way to enforce these sanctuary policies. Under these laws, city officials who violate them do not face consequences. Compliance relies on a commitment from officials who believe that following these policies is the right thing to do.

    Philadelphia has also acted in other ways to break the link between the city and immigration enforcement.

    Since 2017, Philadelphia jails have had a protocol that discourages ICE from interviewing immigrants held in jail. Prior to providing ICE with access to such individuals, the jails must first send a consent form to an immigrant to inform them of their right to decline an ICE interview.

    In 2018, Philadelphia ended ICE’s access to the city’s preliminary arraignment reporting system used by the Philadelphia Police Department and district attorney’s office. The city said it terminated its database-sharing contract with ICE given the “unacceptable” way the agency used the system, which “could result in immigration enforcement action against Philadelphians who haven’t been arrested, accused of, or convicted of any crime.”

    While these policies cannot protect Philadelphia residents who have been arrested by ICE, the lack of help of local officials will make it more difficult for the administration to deliver on its promise to deport a record number of immigrants.

    ICE raided a car wash and arrested seven people in Philadelphia on Jan. 28, 2025.
    U.S. Immigration and Customs Enforcement via Getty Images

    Sanctuary campuses and churches

    Apart from the city itself, other public and private institutions within Philadelphia have created sanctuary spaces.

    In June 2021, the School Board of Philadelphia adopted a sanctuary resolution as part of an effort to create welcoming schools for immigrant children. In January 2025, the Philadelphia School District reaffirmed its commitment.

    Under the first Trump presidency, religious institutions, such as the Germantown Mennonite Church in Northwest Philly and the Tabernacle United Church in West Philly, provided sanctuary inside their churches to immigrants who had received final orders of deportation from ICE.

    The University of Pennsylvania declared itself a sanctuary campus in 2016 but is currently shying away from that label while faculty, staff and students demand that the university clarify its policies on immigration enforcement.

    Since 2011, ICE has had a “sensitive locations” memo that disfavors but does not entirely prohibit immigration enforcement in places of worship, as well as hospitals and schools. The Biden administration strengthened the “sensitive locations” memo in 2021. Trump rescinded the memo during his first month in office.

    Activists want Philadelphia Mayor Cherelle Parker to commit to defending Philadelphia’s sanctuary policies.
    AP Photo/Matt Rourke

    Retaliation against sanctuary cities

    From the viewpoint of the Trump administration, state and local officials who defy the enforcement of immigration law are engaged in “a lawless insurrection” that creates public safety and national security risks.

    Despite the administration’s strong rhetoric about the “criminal alien,” 46% of people currently held in immigration detention have no criminal record, according to the Transactional Records Access Clearinghouse at Syracuse University. Many others have minor offenses, including traffic violations.

    The executive order vows to terminate federal grants and pursue all enforcement measures to bring such jurisdictions “into compliance with the laws of the United States.”

    Such terminations may not be legal.

    On April 24, 2025, a federal judge enjoined language in an earlier executive order directing the government to take action against sanctuary cities to ensure that they do not receive access to federal funds.

    Past instances to pull federal funding from Philadelphia because of its sanctuary city status have also failed. The first Trump administration was unsuccessful at terminating a US$1 million federal grant to Philadelphia after the city sued and won in federal court in 2017.

    The executive order also makes legally questionable claims that state and local officials who follow their sanctuary policies are engaging in criminal activity, such as the obstruction of justice, unlawful harboring or activities that violate federal RICO law. Regardless, the administration may still choose to pursue high-profile prosecutions of state and local officials.

    The federal government’s efforts to punish sanctuary cities will undoubtedly be mired in legal challenges across the country. Yet Philadelphia officials must still decide in this moment whether to stand strong with the city’s current sanctuary policies. City Council member Rue Landau has been outspoken about maintaining Philadelphia’s sanctuary status to ensure that public resources will never be used to support federal deportation efforts. But Mayor Cherelle Parker has not committed to strengthening or even ensuring the city’s sanctuary protections.

    According to The Philadelphia Inquirer, the same day Trump signed the executive order, Parker reiterated that Philadelphia still operates under its 2016 sanctuary policy. However, she did not use the term “sanctuary city,” the Inquirer noted, and she “said she would not comment in more detail until Trump makes concrete moves that affect Philadelphia.”

    This is an updated version of a story originally published on December 18, 2024.

    Read more of our stories about Philadelphia.

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

    – ref. The legal limits of Trump’s crackdown on sanctuary cities like Philadelphia – https://theconversation.com/the-legal-limits-of-trumps-crackdown-on-sanctuary-cities-like-philadelphia-255580

    MIL OSI – Global Reports –

  • MIL-OSI USA: TRANSCRIPT: LEADER JEFFRIES REMARKS ON PRESIDENT TRUMP’S FIRST 100 DAYS

    Source: United States House of Representatives – Congressman Hakeem Jeffries (8th District of New York)

    Today, Democratic Leader Hakeem Jeffries delivered the following speech on what a disaster for the American people that Donald Trump’s first 100 days have been and how costs, chaos and corruption are all up, thanks to the President and his Rubber Stamp Republicans.

    Good morning. Good morning. Thank you. Thank you, everyone. Good morning. Good morning. Thank you. Good morning. Good morning. Good morning.

    Right at the top, let me make one thing clear: The Trump administration has been a disaster. 100 days in, Donald Trump and Elon Musk have failed to make your life more affordable. They failed to make you safer. They failed to make us more respected around the world. But their biggest failure is this: they have failed to appreciate the strength of the American people.

    During the dawn of the Republic, it was once observed that when people fear the government, there is tyranny. When the government fears the people, there is liberty.

    Donald Trump and Republicans thought they could shock and awe us into submission. They thought we would be too complacent to stand up for liberty and justice for all. They thought we would walk away from the principle of equal protection under the law. They thought wrong. They thought wrong. They thought wrong.

    Trump’s unconstitutional assault on the American way of life is unprecedented, but the so-called dictator on day one is learning an important lesson. Americans don’t bend the knee to bullies. In the face of tyranny, we join together. In the face of tyranny, we rise up together. In the face of tyranny, we get into some good trouble together. And we’re just getting started.

    100 days in, Donald Trump has the lowest approval rating of any president in modern American history. 100 days in, voters have elected Democrats in Republican-held districts all across the country, including in Iowa and Pennsylvania. 100 days in, Elon Musk spent $25 million to buy a state supreme court seat in Wisconsin, and lost by double digits. 100 days in, more than 200 different lawsuits have been filed against the unconstitutional and unlawful executive orders of Donald Trump, and the American people are winning in court. 100 days in, principled opposition to Republican extremism is taking shape from sea to shining sea. The American people are rising up and making it clear that the Trump administration has a lot to fear.

    When my oldest son JJ was 9 years old, he played travel baseball with a group of his friends. Many of you know that travel sports can be taxing on the schedule. It’s a labor of love for our children. During the season, it seems like almost every weekend for several months, you’re on the road. And so, this one particular Memorial Day weekend, JJ had a baseball tournament in a little town off the beaten path somewhere in the Northeast. 

    Travel sports can take you to some interesting places. I decided to make it a road trip and bring my youngest son, Joshua, with us. He was just 6 years old at the time. And so I said to him, he’s gonna come on this trip, and it’ll be like a vacation. What did I say that for, y’all? 

    When I mentioned vacation, he had visions of Atlantis. So we pulled up to the motel where we were staying, and the situation was a bit shaky. My 6 year old looked at the motel, looked at me, looked at the motel and looked at me and said: “Dad, is this where we’re staying?” I said, “Yes, Joshua, why do you ask?” He responded, “Oh my God, Dad, this is a debacle.” 6 years old. I looked at him and asked, “What does the word debacle mean?” He responded quickly. He said: “I don’t know Dad, it’s something bad.”

    This is the moment we are in right now in the United States of America, with Donald Trump and the Republicans in charge. 

    Crashing the economy is something bad. Destroying Medicaid as we know it is something bad. Taking a chainsaw to Social Security is something bad. Raising costs on hardworking American taxpayers is something bad. Firing federal workers, including thousands of veterans who served this country, is something bad. Canceling medical research for children with cancer is something bad. Destroying the retirement accounts of everyday Americans is something bad. Trying to whitewash the most painful parts of our history is something bad. Targeting law-abiding immigrant families is something bad. Undermining the rule of law is something bad. 

    The first 100 days of the Trump administration have been a debacle. Enough. Enough. America is better than this. 

    When the new Congress began in January, Democrats were prepared to get to work in a bipartisan way. The Trump administration chose a different path. Far-right Republicans are tearing America apart, targeting our democratic way of life and tarnishing our reputation as the land of the free. It is wrong, and we will continue to push back aggressively. Donald Trump and the Republicans in Congress have given us 100 days of chaos, 100 days of cruelty and 100 days of corrupt behavior. That is not constructive leadership, it’s a recipe for disaster. 

    The American people deserve common sense leadership, the American people deserve compassionate leadership, the American people deserve courageous leadership that changes things for the better. Our message to the American people is simple: We hear you. We see you. We feel you. Democrats are determined to make life better for you.

    Donald Trump and his sycophants spent yesterday bragging about the speed with which they’ve moved during these first 100 days. They’re right.  Never has a president failed so spectacularly, so often, so quickly as Donald Trump. The White House referred to its strategy for the first 100 days as “shock and awe.” Well, they’re half right. It is shocking how rapidly this administration collapsed into chaos, cruelty and corruption. It is shocking how quickly MAGA Republicans turned their backs on working class Americans. It is shocking how spineless Republicans have been in the United States Congress. And it is shocking and tragic and infuriating how much damage Donald Trump and the Republican party’s policies have already done.

    Here’s the thing. They expected us to step back. But the American people are here to fight back. On the campaign trail, Donald Trump promised to end inflation. He promised to lower costs on day one.  When he was asking for your vote, Donald Trump told you he would make life more affordable for everyday Americans. Now that he’s in office, it’s a different story.

    In March, President Trump was asked if he was worried that car prices would go up because of his tariffs. His reply? “I couldn’t care less.” The cost of living in the United States is too high. America is too expensive. And Donald Trump couldn’t care less. He couldn’t care less that housing costs are too high. He couldn’t care less that grocery costs are too high. He couldn’t care less that childcare costs are too high. He couldn’t care less that health insurance costs are too high. He couldn’t care less that utility costs are too high. Donald Trump couldn’t care less. Prices everywhere are too high, and Donald Trump couldn’t care less. 

    100 days in, Donald Trump is making life harder for you and your family. And every day his costly tariffs stay in place, life in America gets more expensive. American families will pay thousands of dollars more per year. Small businesses are shutting down. Corporations are not hiring. Businesses are unable to invest because of the uncertainty that has been created.  Inflation is on the rise, life is getting more expensive and the reckless economic policies of Donald Trump and House Republicans are driving us toward a recession.

    Republicans in Congress could put a stop to this insanity at any time. Since they won’t, next November, we will. Yes, we will. Yes, we will. Which brings me to Elon Musk. I knew he would get that reaction. 

    We all agree that government should be more efficient. But like most things in life, there’s the American way and then there’s the cruel way. 100 days in, it’s clear that DOGE is not the American way. Cancelling medical research for children with cancer is cruel. Denying relief for communities reeling from natural disasters is cruel. Firing thousands of our veterans, like Joseph Quintinella of Virginia, who served this country in the Marines, is cruel. 

    But their cruelty doesn’t stop there. Republicans actually believe that Social Security is a Ponzi scheme. And they want to take a chainsaw to it. During the first 100 days of the Trump administration, Social Security has faced an unprecedented attack. Social Security offices have been closed, wait times have dramatically increased and people are being denied access to benefits that they have earned. Republicans continue to insist that Social Security is an entitlement program. They think they are entitled to destroy it. 

    When I was 15 years old, I got my working papers and secured my first job. I was a messenger dropping off packages from office building to office building in Midtown Manhattan. My salary was $3.35 per hour. That was the minimum wage back in the day. And I thought that I had made it big, particularly upon learning that as a high school student who worked part time, I wouldn’t have to pay any income tax. So I couldn’t wait to get my first check. 

    On a piece of paper, I multiplied $3.35 by the number of hours I expected to work during my first pay period. I figured out the total, and in my mind, that money was already spent. I couldn’t wait to go to Albee Square Mall in downtown Brooklyn and get some new sneakers so I could dress like Run DMC. But then the check came, and some money was missing. 

    I had two questions, y’all: Who is FICA, and why is he taking my money? 

    Here’s what I learned. All of us pay the FICA tax in connection with Social Security and Medicare. We pay the FICA tax on our first job. We pay the FICA tax on our last job. We pay the FICA tax on every single job we have throughout our lifetime. 

    Social Security and Medicare are not entitlement programs. They are earned benefits. Earned benefits. You work hard for those benefits, pay into those benefits and deserve those benefits. They are earned benefits. 

    Democrats will make sure that Donald Trump and House Republicans keep their hands off your Social Security and your Medicare. Hands off today. Hands off tomorrow. Hands off this week. Hands off next week. Hands off this month. Hands off next month. Hands off this year. Hands off next year. Hands off Social Security and Medicare Forever. Forever. Forever.

    Now, if this administration actually had some common sense, it would look at the damage that it’s done, the rejection from the people, the historic unpopularity of this president, and they would change course. But Donald Trump is doubling down. And instead of being a check and balance on this president’s abuse of power, Republicans in Congress are nothing more than a rubber stamp for his extreme agenda.

    Recently, I met a woman named Mary Beth. She lives in Canton, North Carolina, a town of 4,400 people that is still rebuilding from Hurricane Helene. She has custody of her four grandchildren, ages 10, 12, 15 and 16. Their parents can no longer care for them due to addiction, domestic violence and homelessness. The moment you talk to Mary Beth, you know that caring for those grandkids is everything. 

    And she’s doing it on a fixed income, working part time making $8 an hour at a coin laundry— and is no longer employed—to supplement the disability support that she had received. Mary Beth has had to skip refilling her prescriptions to make sure her grandkids don’t have to skip any meals. 

    Medicaid is the only reason her grandchildren are able to see a doctor, including the youngest, who is dealing with ADHD and autism. Mary Beth works hard, loves her family and is a patriotic American. And Mary Beth is here with us today. 

    But her family, just like millions of others throughout America, is now at risk of losing their healthcare. Why? Republicans are trying to slash Medicaid by up to $880 billion, the largest healthcare cut in American history.  

    And why are Republicans trying to rip healthcare away from working people, from Americans with disabilities, from children, from grandmothers like Mary Beth? So that they can give their billionaire donors like Elon Musk another tax cut. These healthcare cuts will hurt families, hurt women, hurt children, hurt veterans, hurt seniors and hurt disabled Americans. Hospitals will close, nursing homes will shut down and people will die. 

    Here’s the thing, in the United States of America—this is the wealthiest country in the history of the world—healthcare is not a privilege, healthcare is a right for every single American. For every single American. 

    If we were in the majority right now, none of this would be happening. But even in the minority, we are going to do everything we can to protect the healthcare of the American people.

    And we’ll keep reminding our Republican colleagues—especially the ones who vote like extremists but then go home and pretend to be moderates when it’s time to run for re-election— that the people are watching. It’s time for Republicans in Congress to stop being a rubber stamp for Donald Trump’s extreme agenda.

    You don’t work for Donald Trump. You don’t work for Elon Musk. You don’t work for the far-right extremists. You work for the American people.

    As Democrats, we will fight as hard as we can, fight as hard as we can, over the next two years to stop bad things from happening. We will protect our system of free and fair elections.

    And then work hard to convince the American people to entrust us with the majority next November. At that point, we will be able to do much, much more for you.

    We will build an affordable economy that works for everyday Americans. We will confront the climate crisis with the fierce urgency of now. We will block any budget that goes after your Social Security, Medicare or Medicaid. And we will hold the Trump administration accountable for its corrupt abuse of power.

    Over these next 100 days, House Democrats are going to lay out a blueprint for a better America. And you will see a vision for this country’s future that isn’t about Donald Trump. It’s all about you. All about you. How can we make your life better? How can we put more money in your pocket? How can we lower your costs? How can we help you give your kids the future they deserve? These are the questions we are thinking about each and every day.

    Now, the American Dream isn’t about getting something for nothing. You have to work for it. But if you work hard and play by the rules, here’s what you should be able to have: A good-paying job. An affordable home. High-quality healthcare. Education for your children. And the ability to retire with grace and with dignity. That’s the American Dream. That’s the American Dream. That’s the American Dream. And when we’re back in charge, that’s what we will fight hard to deliver for you. 

    In January—late January—I had the opportunity to visit the Altadena community in Los Angeles County that was devastated by the wildfires. I met someone named Jackie Jacobs, an amazing 88-year-old woman who was raised in the Jim Crow South before moving to California. Her home was tragically burned to the ground.  She and her husband, David, who have been married for more than 50 years, barely managed to escape the raging wildfires. All they had was the clothing on their backs. They lost everything else. Photos gone. Possessions gone. Property gone. But the first thing Mrs. Jacobs said to us while touring the devastation was that she gave all glory, all praise and all honor to Almighty God—just as the Scripture teaches us. She believed that things would work out. Several of us teared up. Mrs. Jacobs lost everything, but she never lost her faith. She never lost her faith.

    Republicans have shown that their recipe for governing is chaos, cruelty and corruption. These first 100 days have not been easy. Everything we care about is under assault. The economy is under assault. Healthcare is under assault. Social Security is under assault. Veterans are under assault. Farmers are under assault. The right to organize is under assault. Public schools are under assault. The American way of life is under assault. Democracy itself is under assault. Everything we care about is under assault. 

    But just like Mrs. Jacobs, we must never lose faith. We must never lose faith. Faith in our community. Faith in our country. Faith in a brighter future. Faith in Almighty God. 

    America is a resilient nation. We are a resilient people. We have a resilient Constitution. We will never give up.  We will never give in. We will always show up. We will always speak up. We will always stand up. We will continue our march toward a more perfect union. We will not rest until we end this national nightmare and deliver an America with liberty and justice for all.

    God bless you. God bless our troops. May God continue to bless the United States of America.

    Full speech can be viewed here.

    ###

    MIL OSI USA News –

  • MIL-OSI Security: Pinehill Man Receives 27 and a Half Year Prison Sentence for Fatal Family Shooting

    Source: Office of United States Attorneys

    ALBUQUERQUE – A Pinehill man was sentenced today to 27and a half years in prison for a fatal family shooting.

    There is no parole in the federal system.

    According to court documents, on the morning of December 22, 2023, Ellery Brent Yazzie, 38, an enrolled member of the Navajo Nation, fatally shot his father and brother, shot and seriously injured his sister, and tried to shoot his mother in their family home. Yazzie then attempted to take his own life, but he survived.

    Upon his release from prison, Yazzie will be subject to five years of supervised release.

    U.S. Attorney Ryan Ellison and Raul Bujanda, Special Agent in Charge of the Federal Bureau of Investigation’s Albuquerque Field Office, made the announcement today.

    The Gallup Resident Agency of the FBI Albuquerque Field Office investigated this case with assistance from the Ramah Navajo Police Department. Assistant U.S. Attorneys Caitlin L. Dillon and Jena Ritchey are prosecuting the case. 

    MIL Security OSI –

  • MIL-OSI: Bank of the James Announces First Quarter of 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    LYNCHBURG, Va., April 30, 2025 (GLOBE NEWSWIRE) — Bank of the James Financial Group, Inc. (the “Company”) (NASDAQ:BOTJ), the parent company of Bank of the James (the “Bank”), a full-service commercial and retail bank, and Pettyjohn, Wood & White, Inc. (“PWW”), an SEC-registered investment advisor, today announced unaudited results of operations for the three month period ended March 31, 2025. The Bank serves Region 2000 (the greater Lynchburg MSA) and the Blacksburg, Buchanan, Charlottesville, Harrisonburg, Lexington, Nellysford, Roanoke, and Wytheville, Virginia markets.

    Net income for the three months ended March 31, 2025 was $842,000 or $0.19 per basic and diluted share compared with $2.19 million or $0.48 per basic and diluted share for the three months ended March 31, 2024.

    Robert R. Chapman III, CEO of the Bank, commented: “Our focus during the past several years on managing interest expense in a significantly higher rate environment was reflected in the first quarter’s lower year-over-year interest expense. Appropriate adjustments to loan rates and optimizing the performance of the Bank’s investments continued to generate steady interest income growth. As a result, net interest margin and interest spread continued to trend positively. Strong, quality earnings over the years have supported our ability to build and maintain a strong cash position and exceptional liquidity.

    “The Company’s core operations for first quarter of 2025 produced solid earnings. However, our earnings were negatively impacted by a non-recurring expense paid to a consultant that we used to successfully negotiate a contract with our core service provider. We anticipate that this contract will result in significant long-term cost savings.

    “We anticipate that the holding company’s cash position will allow it to pay off approximately $10 million of capital notes as they mature in June, without the need to raise new capital. Eliminating this debt-related interest expense will reduce our interest expense by approximately $327,000 annually and will help reduce our overall interest-bearing liabilities rate. The Company and Bank will continue to maintain sound capital positions.

    “Operationally, the first quarter of 2025 was highlighted by steady growth of commercial real estate loans, with stable income contributions from a balanced portfolio of commercial, residential mortgage, construction, and consumer loans. Fee income contributions from commercial treasury services, credit and debit card processing, and PWW’s wealth management activities have continued to generate complementary noninterest income.

    “We continue to emphasize relationship banking with commercial and retail clients, providing the broad range of capabilities and expertise that position Bank of the James as the go-to source for financial services. We offer stability and security in a period of significant economic uncertainty.

    “The Company is building value for shareholders, as evidenced by growth in stockholders’ equity, retained earnings, and a higher book value per share in the first quarter. We remain focused on efficient operations, maintaining superior asset quality, and sustainable growth.”

    President Mike Syrek commented on expansion and growth opportunities, noting, “We are very excited to announce the addition of two accomplished commercial relationship managers, Brandon Caldwell and Kevin Flint. Both bring considerable experience in the commercial lending space and will further strengthen and grow our regional markets. Caldwell comes to Bank of the James from the USDA, having served there after an extended stint as the senior lending officer at Highlands Community Bank. Caldwell has experience at both small and large-sized institutions, and along with his experience with the USDA, we believe his experience will help us expand our reach in multiple markets. Flint comes to Bank of the James with a dual background in credit and investments. Flint spent most of his career with Truist and its predecessors, managing high-profile commercial clients within the markets we serve. Kevin also is a Certified Financial Planner and has spent the last few years working as a CFP. Flint’s dual roles will help further the growth in our Harrisonburg market as well as beyond.

    “These additions help strengthen an already high-performing commercial team and illustrate our focus on growth and obtaining additional market share in the regions that we serve. We are delighted to have both men as part of the Bank of the James family.”

    First Quarter of 2025 Highlights

    • Net income and earnings per share (EPS) in the first quarter of 2025 were impacted by higher noninterest expense, primarily reflecting a one-time approximately $1 million expense related to the negotiation of a contract with our banking core provider. Over the 65-month term of this contract, the Company anticipates realizing up to $5 million in savings as compared to our previous contract.
    • Total interest income rose 6.90% to $11.23 million in the first quarter of 2025 compared with $10.51 million a year earlier. The growth primarily reflected higher yields on loans, commercial real estate (CRE) growth, and the addition of higher-rate residential mortgages. The average yield earned on loans, including fees, increased to 5.56% compared with 5.28% a year earlier.
    • Net interest income after provision for credit losses increased to $7.58 million in the first quarter of 2025 compared with net interest income after recovery of credit losses of $7.50 million a year earlier for the full year of 2024. Interest expense in the first quarter declined from the previous year’s first quarter due to a decrease in the average rate paid on interest bearing liabilities.
    • Net interest margin in the first quarter of 2025 improved to 3.25%, reflecting a steady upward quarterly trend from 3.02% in the first quarter of 2024. Interest spread in the first quarter rose to 2.95% from 2.73% in the prior year’s first quarter.
    • Total noninterest income of $3.28 million in the first quarter of 2025 was stable compared with a year earlier, primarily reflecting continuing strong contributions from commercial treasury services, residential mortgage origination fee income, and wealth management fee income from PWW, which generated $0.09 earnings per share in the first quarter.
    • Loans, net of the allowance for credit losses, increased to $642.39 million at March 31, 2025 from $636.55 million at December 31, 2024 and $601.12 million a year earlier.
    • Commercial real estate loans (owner occupied and non-owner occupied) led lending activity, increasing to $359.76 million from $335.53 million at December 31, 2024 and from $305.52 million a year earlier.
    • Measures of asset quality remained strong, highlighted by a ratio of nonperforming loans to total loans of 0.28% at March 31, 2025, low levels of nonperforming loans, and zero other real estate owned (OREO).
    • Total assets grew 3% to $1.01 billion at March 31, 2025 from $979.24 million at December 31, 2024. Total assets increased by $26.84 million from March 31, 2024.
    • Total deposits were $911.68 million at March 31, 2025, up from $882.40 million at December 31, 2024, reflecting growth in core deposits (noninterest bearing demand deposits, NOW, money market and savings).
    • Shareholder value measures included growth in stockholders’ equity to $68.35 million at March 31, 2025 from $64.87 million at December 31, 2024, higher retained earnings, and a book value per share of $15.04, up from $14.28 at December 31, 2024.
    • On April 15, 2025, the Company’s board of directors approved a quarterly dividend of $0.10 per common share to stockholders of record as of June 6, 2025, to be paid on June 20, 2025.

    First Quarter of 2025 Operational Review

    The Company retained a consultant to assist it in negotiating an amendment to and extension of the contract with its provider of its core banking platform— the platform we use for processing transactions, maintaining customer accounts, and supporting other critical banking functions. As previously noted, first quarter 2025 net income and earnings per share reflected the expense associated with this engagement. The Company anticipates that the new contract with our core provider, which was effective April 1, 2025, will generate significant savings over the 65-month term of the contract.

    Net interest income after provision for credit losses for the first quarter of 2025 was $7.58 million compared to net interest income after recovery of credit losses of $7.50 million a year earlier. The provision for credit losses in the first quarter of 2025 was $137,000.

    Total interest income was $11.23 million in the first quarter of 2025 compared with $10.51 million a year earlier. The year-over-year increases primarily reflected upward rate adjustments to variable rate commercial loans and new loans reflecting the prevailing rate environment.

    Investment portfolio management and appropriate rate increases on loans continued to contribute to year-over-year growth in yields on total earning assets, which were 4.73% in the first quarter of 2025 compared with 4.60% a year earlier.

    Total interest expense in the first quarter of 2025 was $3.52 million compared with $3.56 million a year earlier, primarily reflecting a stabilizing interest rate environment and the Bank’s management of rates paid on interest-bearing deposits, including time deposits.

    A stabilizing interest rate environment and the Company’s upward adjustments to floating rate commercial loans and rates on originated and retained residential mortgages contributed to gradual margin pressure relief during the past several quarters. In the first quarter of 2025, the net interest margin was 3.25% compared with 3.02% a year earlier, while interest spread was 2.95% for the quarter compared with 2.73% a year earlier.

    Noninterest income in the first quarter of 2025 was $3.28 million compared with $3.31 million in the first quarter of 2024. The predominant amount of noninterest income in the first quarter of 2025 was generated by fees from debit card activity, commercial treasury services, gains on sale of loans held for sale, and wealth management fees generated by PWW. This slight decrease was due to a decrease in revenue from our mortgage division.

    Noninterest expense in the first quarter of 2025 was $9.83 million compared with $8.09 million a year earlier. The year-over-year increase primarily reflected the previously mentioned contract negotiation fee and higher salaries and employee benefits.

    Balance Sheet: Strong Cash Position, High Asset Quality

    Total assets were $1.01 billion at March 31, 2025 compared with $979.24 million at December 31, 2024. The increase was due primarily to increases in cash and cash equivalents, securities available for sale, and loans.

    Loans, net of allowance for credit losses, were $642.39 million at March 31, 2025 compared with $636.55 at December 31, 2024, reflecting growth of commercial real estate loans.

    Commercial real estate loans (owner-occupied and non-owner occupied, excluding construction loans) totaled $359.76 million at March 31, 2025 compared with $335.53 million at December 31, 2024, reflecting new loans and moderate loan payoffs. Of this amount in the first quarter of 2025, commercial real estate (non-owner occupied) was $205.13 million and commercial real estate (owner occupied) was $154.63 million. The Bank closely monitors concentrations in these segments and has no commercial real estate loans secured by large office buildings in large metropolitan city centers.

    Commercial construction/land loans were $11.54 million, declining from prior levels as projects concluded. Residential construction/land loans at March 31, 2025 were $26.36 million compared with $26.15 million at December 31, 2024. Commercial and industrial loans were $59.98 million at March 31, 2025 compared to $66.42 million at December 31, 2024.

    Residential mortgage loans that the Company intends to keep on the balance sheet totaled $111.65 million at March 31, 2025, essentially unchanged from December 31, 2024, and from a year earlier. Growth of these retained mortgages has been minimal, as the Bank has continued to focus on selling the majority of originated mortgage loans to the secondary market. Consumer loans (open-end and closed-end) totaled $80.12 million, compared with $78.31 million at December 31, 2024.

    Ongoing high asset quality continues to have a positive impact on the Company’s financial performance. The ratio of nonperforming loans to total loans at March 31, 2025 was 0.28% compared with 0.25% at December 31, 2024. The allowance for credit losses on loans to total loans was 1.08% at March 31, 2025 compared with 1.09% at December 31, 2024. Total nonperforming loans were $1.80 million at March 31, 2025 compared with $1.64 million at December 31, 2024. As a result of having no OREO, total nonperforming assets were the same as total nonperforming loans.

    Total deposits were $911.68 million at March 31, 2025 compared with $882.40 million at December 31, 2024. Core deposits (noninterest bearing demand deposits, NOW, money market and savings) were $698.92 million compared with $651.90 million at December 31, 2024. Time deposits declined during the period. At March 31, 2025, the Bank had no brokered deposits.

    Key measures of shareholder value were positive. Stockholders’ equity was $68.35 million at March 31, 2025, up from $64.87 million at December 31, 2024. Retained earnings increased to $43.19 million at March 31, 2025 from $42.80 million at December 31, 2024. Book value per share rose to $15.04 at March 31, 2025 from $14.28 at December 31, 2024, and continued to reflect quarterly fluctuations in required fair market valuations of the Company’s available-for-sale investment portfolio.

    Interest rate fluctuations result in adjustments to the fair value in the Company’s available-for-sale securities portfolio (known as “mark-to-market”), which are reflected in accumulated other comprehensive loss. These mark-to-market losses are excluded when calculating the Bank’s regulatory capital ratios. The available-for-sale securities portfolio is composed primarily of securities with explicit or implicit government guarantees, including U.S. Treasuries and U.S. agency obligations, and other highly rated debt instruments. The Company does not expect to realize the unrealized losses, as it has the intent and ability to hold the securities until their recovery, which may be at maturity. Management continues to diligently monitor the creditworthiness of the issuers of the debt instruments within its securities portfolio.

    About the Company

    Bank of the James, a wholly-owned subsidiary of Bank of the James Financial Group, Inc. opened for business in July 1999 and is headquartered in Lynchburg, Virginia. The Bank currently services customers in Virginia from offices located in Altavista, Amherst, Appomattox, Bedford, Blacksburg, Buchanan, Charlottesville, Forest, Harrisonburg, Lexington, Lynchburg, Madison Heights, Nellysford, Roanoke, Rustburg, and Wytheville. The Bank offers full investment and insurance services through its BOTJ Investment Services division and BOTJ Insurance, Inc. subsidiary. The Bank provides mortgage loan origination through Bank of the James Mortgage, a division of Bank of the James. The Company provides investment advisory services through its wholly-owned subsidiary, Pettyjohn, Wood & White, Inc., an SEC-registered investment advisor. Bank of the James Financial Group, Inc. common stock is listed under the symbol “BOTJ” on the NASDAQ Stock Market, LLC. Additional information on the Company is available at www.bankofthejames.bank.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains statements that constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe,” “estimate,” “expect,” “intend,” “anticipate,” “plan” and similar expressions and variations thereof identify certain of such forward-looking statements which speak only as of the dates on which they were made. Bank of the James Financial Group, Inc. (the “Company”) undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. Readers are cautioned that any such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, and that actual results may differ materially from those indicated in the forward-looking statements as a result of various factors. Such factors include, but are not limited to, competition, general economic conditions, potential changes in interest rates, changes in the value of real estate securing loans made by the Bank, as well as geopolitical conditions. Additional information concerning factors that could cause actual results to materially differ from those in the forward-looking statements is contained in the Company’s filings with the Securities and Exchange Commission.

    CONTACT: J. Todd Scruggs, Executive Vice President and Chief Financial Officer (434) 846-2000.

    FINANCIAL RESULTS FOLLOW

    Bank of the James Financial Group, Inc. and Subsidiaries
    Consolidated Balance Sheets
    (dollar amounts in thousands, except per share amounts)

      (unaudited)    
    Assets 3/31/2025   12/31/2024
           
    Cash and due from banks $ 25,760     $ 23,287  
    Federal funds sold   69,206       50,022  
    Total cash and cash equivalents   94,966       73,309  
           
    Securities held-to-maturity (fair value of $3,237 in 2025 and $3,170 in 2024)   3,602       3,606  
    Securities available-for-sale, at fair value   192,780       187,916  
    Restricted stock, at cost   1,821       1,821  
    Loans, net of allowance for credit losses of $7,022 in 2025 and $7,044 in 2024   642,388       636,552  
    Loans held for sale   4,739       3,616  
    Premises and equipment, net   19,257       18,959  
    Interest receivable   2,970       3,065  
    Cash value – bank owned life insurance   23,094       22,907  
    Customer relationship Intangible   6,585       6,725  
    Goodwill   2,054       2,054  
    Deferred tax asset   8,113       8,936  
    Other assets   9,357       9,778  
    Total assets $ 1,011,726     $ 979,244  
           
           
    Liabilities and Stockholders’ Equity      
           
    Deposits      
    Noninterest bearing demand $ 138,619     $ 129,692  
    NOW, money market and savings   560,300       522,208  
    Time deposits   212,764       230,504  
    Total deposits   911,683       882,404  
           
    Capital notes, net   10,049       10,048  
    Other borrowings   9,146       9,300  
    Deferred tax liability   294       –  
    Income taxes payable   –       86  
    Interest payable   688       722  
    Other liabilities   11,518       11,819  
    Total liabilities $ 943,378     $ 914,379  
    Stockholders’ equity      
    Common stock $2.14 par value; authorized 10,000,000 shares; issued and outstanding 4,543,338 as of March 31, 2025 and December 31, 2024   9,723       9,723  
    Additional paid-in-capital   35,253       35,253  
    Accumulated other comprehensive (loss)   (19,819 )     (22,915 )
    Retained earnings   43,191       42,804  
    Total stockholders’ equity $ 68,348     $ 64,865  
           
    Total liabilities and stockholders’ equity $ 1,011,726     $ 979,244  
                   

    Bank of the James Financial Group, Inc. and Subsidiaries
    Consolidated Statements of Operations
    (dollar amounts in thousands, except per share amounts) (unaudited)

      For the Three Months Ended
      March 31,
    Interest Income 2025
    		   2024
    Loans $ 8,906     $ 8,024  
    Securities      
    US Government and agency obligations   454       338  
    Mortgage backed securities   387       809  
    Municipals – taxable   311       286  
    Municipals – tax exempt   18       18  
    Dividends   13       12  
    Corporates   135       135  
    Interest bearing deposits   123       133  
    Federal Funds sold   887       754  
    Total interest income   11,234       10,509  
           
    Interest Expense      
    Deposits      
    NOW, money market savings   1,248       1,275  
    Time deposits   2,079       2,090  
    Finance leases   17       20  
    Other borrowings   89       92  
    Capital notes   82       82  
    Total interest expense   3,515       3,559  
           
    Net interest income   7,719       6,950  
           
    Provision for (recovery of) credit losses   137       (553 )
           
    Net interest income after provision for (recovery of) credit losses   7,582       7,503  
           
    Noninterest income      
    Gain on sales of loans held for sale   837       927  
    Service charges, fees and commissions   981       953  
    Wealth management fees   1,255       1,163  
    Life insurance income   188       159  
    Other   22       105  
           
    Total noninterest income   3,283       3,307  
    Noninterest expenses      
    Salaries and employee benefits   4,777       4,445  
    Occupancy   570       493  
    Equipment   670       607  
    Supplies   142       145  
    Professional and other outside expense   1,715       801  
    Data processing   820       751  
    Marketing   198       30  
    Credit expense   186       188  
    FDIC insurance expense   142       109  
    Amortization of intangibles   140       140  
    Other   466       379  
    Total noninterest expenses   9,826       8,088  
           
    Income before income taxes   1,039       2,722  
           
    Income tax expense   197       535  
           
    Net Income $ 842     $ 2,187  
           
    Weighted average shares outstanding – basic and diluted   4,543,338       4,543,338  
           
    Earnings per common share – basic and diluted $ 0.19     $ 0.48  
                   

    Bank of the James Financial Group, Inc. and Subsidiaries
    Dollar amounts in thousands, except per share data
    Unaudited

    Selected Data: Three
    months
    ending
    Mar 31,
    2025
    		 Three
    months
    ending
    Mar 31,
    2024
    		 Change
    		      
    Interest income $ 11,234   $ 10,509     6.90 %      
    Interest expense   3,515     3,559     -1.24 %      
    Net interest income   7,719     6,950     11.06 %      
    Provision for (recovery of) credit losses   137     (553 )   -124.77 %      
    Noninterest income   3,283     3,307     -0.73 %      
    Noninterest expense   9,826     8,088     21.49 %      
    Income taxes   197     535     -63.18 %      
    Net income   842     2,187     -61.50 %      
    Weighted average shares outstanding – basic   4,543,338     4,543,338     –        
    Weighted average shares outstanding – diluted   4,543,338     4,543,338     –        
    Basic net income per share $ 0.19   $ 0.48   $ (0.29 )      
    Fully diluted net income per share $ 0.19   $ 0.48   $ (0.29 )      
                 
    Balance Sheet at
    period end:    		 Mar 31,
    2025    		 Dec 31,
    2024    		 Change Mar 31,
    2024    		 Dec 31,
    2023    		 Change
    Loans, net $ 642,388   $ 636,552     0.92 % $ 601,115   $ 601,921     -0.13 %
    Loans held for sale   4,739     3,616     31.06 %   4,640     1,258     268.84 %
    Total securities   196,382     191,522     2.54 %   218,440     220,132     -0.77 %
    Total deposits   911,683     882,404     3.32 %   893,494     878,459     1.71 %
    Stockholders’ equity   68,348     64,865     5.37 %   60,437     60,039     0.66 %
    Total assets   1,011,726     979,244     3.32 %   984,891     969,371     1.60 %
    Shares outstanding   4,543,338     4,543,338     –     4,543,338     4,543,338     –  
    Book value per share $ 15.04   $ 14.28   $ 0.76   $ 13.30   $ 13.21   $ 0.09  
    Daily averages: Three
    months
    ending
    Mar 31,
    2025
    		 Three
    months
    ending
    Mar 31,
    2024
    		 Change
    		      
    Loans $ 646,788   $ 608,172   6.35 %      
    Loans held for sale   2,391     2,481   -3.63 %      
    Total securities (book value)   219,550     248,748   -11.74 %      
    Total deposits   922,207     884,555   4.26 %      
    Stockholders’ equity   64,778     59,891   8.16 %      
    Interest earning assets   963,688     926,354   4.03 %      
    Interest bearing liabilities   800,249     765,728   4.51 %      
    Total assets   1,021,766     978,867   4.38 %      
                 
    Financial Ratios: Three
    months
    ending
    Mar 31,
    2025
    		 Three
    months
    ending
    Mar 31,
    2024
    		 Change
    		      
    Return on average assets   0.33 %   0.90 % (0.57 )      
    Return on average equity   5.27 %   14.69 % (9.42 )      
    Net interest margin   3.25 %   3.02 % 0.23        
    Efficiency ratio   89.31 %   78.85 % 10.46        
    Average equity to average assets   6.34 %   6.12 % 0.22        
                 
    Allowance for credit losses: Three
    months
    ending
    Mar 31,
    2025
    		 Three
    months
    ending
    Mar 31,
    2024
    		 Change
    		      
    Beginning balance $ 7,044   $ 7,412   -4.96 %      
    Retained earnings adjustment related to impact of adoption of ASU 2016-13   –     –   N/A      
    Provision for (recovery of) credit losses*   29     (501 ) -105.79 %      
    Charge-offs   (63 )   (65 ) -3.08 %      
    Recoveries   12     74   -83.78 %      
    Ending balance   7,022     6,920   1.47 %      
                 
    * does not include provision for or recovery of unfunded loan commitment liability
                 
                 
    Nonperforming assets: Mar 31,
    2025    		 Dec 31,
    2024    		 Change Mar 31,
    2024    		 Dec 31,
    2023    		 Change
    Total nonperforming loans $ 1,799   $ 1,640   9.70 % $ 558   $ 391   42.71 %
    Other real estate owned   –     –   N/A   –     –   N/A
    Total nonperforming assets   1,799     1,640   9.70 %   558     391   42.71 %
                 
    Asset quality ratios: Mar 31,
    2025    		 Dec 31,
    2024    		 Change Mar 31,
    2024    		 Dec 31,
    2023    		 Change
    Nonperforming loans to total loans   0.28 %   0.25 % 0.02     0.09 %   0.06 % 0.03  
    Allowance for credit losses for loans to total loans   1.08 %   1.09 % (0.01 )   1.14 %   1.22 % (0.08 )
    Allowance for credit losses for loans to nonperforming loans   390.33 %   429.51 % (39.18 )   1240.14 %   1895.65 % (655.51 )

    The MIL Network –

  • MIL-OSI Global: China has identified how to fight back against Trump’s tariffs, and is not ready to back down

    Source: The Conversation – UK – By Chee Meng Tan, Assistant Professor of Business Economics, University of Nottingham

    US ports are now starting to see scheduled shipments from China decline as the result of Donald Trump’s 145% tariffs on Chinese goods. The port of Los Angeles, the biggest port for Chinese goods in the US, is predicting scheduled shipments in early May to be about a third lower than the same time last year.

    Declining numbers of ships arriving stocked with Chinese imports are likely to affect US supermarket shelves soon, and after warnings from US supermarket bosses, Trump responded by saying trade talks between the US and China were under way in the past few days. But Chinese president Xi Jinping quickly denied talks were happening, suggesting he has no intention of backing away from a fight with the US.

    As one of the most powerful leaders in the history of the People’s Republic of China, Xi has fashioned himself as a nationalistic icon. So if China perceives Trump’s tariffs as a bully tactic designed to undermine it, backing down from a confrontation with the US would seriously undermine Xi’s strongman image and rhetoric.

    This is something that Trump probably hadn’t considered. At a rally marking his 100 days in office, the US president was still suggesting that China would just back down and “eat the tariffs”.

    While tariffs appear to be the primary weapon in the trade war, China might have more tactics to hit back at Trump and the US economy. The question is what might they be?

    A few weeks ago it seemed like Washington might punish China’s lack of willingness to negotiate with more tariffs, but now it’s clear that Trump is willing to make a deal and is trying to get China to come to the table. Trump is now implying that US tariffs on China could come down substantially. And US treasury secretary Scott Bessent has called the trade war with China “unsustainable”.

    Leveraging agriculture and energy

    China has reduced its reliance on US farm imports since the trade war began in Trump’s first presidency. This is bad news for Washington as agriculture is one few sectors in the US that actually has a large trade surplus with China. The 125% retaliatory tariffs will harm the sector’s profitability.

    But China’s retaliatory tariffs aren’t the only issue American farmers have to contend with. As the trade war escalates, China has been using bureaucratic hurdles to restrict US agricultural products from entering China and as a potential negotiation tool. For instance, China has delayed the renewals of export license renewals of US pig farmers, and refused to renew licenses of poultry farmers for “health and safety” reasons.

    What’s the impact of tariffs?

    Beijing’s actions might be designed to particularly hit the economy in core Trump supporting states. A major part of Trump and the Republican party’s base lies in “red states”, such as Nebraska, Iowa and Kansas, all have significant farming communities. Focusing on agricultural issues is a tactic that Beijing realises will hit home with Trump voters.

    Out of the 444 US counties designated by the United States Department of Agriculture (USDA) as farming-dependent, 77.7% voted for Trump during the 2024 US presidential election. So, any hardship faced by the agriculture sector due to Trump’s own actions is likely to lose him support from a major political base. And with mid-term elections in 2026, Trump has to tread carefully when antagonising Beijing.

    Another support base that Beijing might seek to undermine is those involved in the fossil fuel sector. In the past, the US has been a top supplier of natural gas to China.

    China has not imported natural gas from the US since early February 2025, and has sought its natural gas from Australia, Indonesia, and Brunei. As the trade war continues, it is unlikely that the US would be able to sell its natural gas to China anytime soon, and this will have an impact on the energy industry – one of Trump’s major political support bases.

    Restricting minerals

    Another huge problem that the US faces stems from China’s restriction of the export of critical minerals. They include seven rare earth minerals namely samarium, gadolinium, terbium, dysprosium, lutetium, scandium and yttrium. While these are used in the clean energy and automobile sectors, the biggest concern would come from the US defence complex.

    These critical minerals are used in manufacturing fighter jets, submarines, missiles, and radar systems. China has an effective monopoly on the extraction and processing of rare earths, while the US lacks such capabilities. This means that China’s export restrictions are likely to affect America’s defence industry, while Beijing rapidly expands its ammunition and military technology.

    The White House probably anticipated export restrictions of critical minerals from China. After all, Beijing had banned the export of critical minerals to Japan in 2010 over a fishing trawler dispute, and stopped exporting “dual-use” metals that can be used to produce civilian and military technology, such as gallium, germanium and tungsten.

    What’s next?

    For the last few years, China has been trying to overcome an ailing economy that was primarily fuelled by a real-estate crisis. Trump probably expected China to buckle under pressure and come crawling to the negotiation table. After all, the Chinese Communist Party needs to fix its economy fast. The establishment has long relied on delivering economic prosperity to legitimise its rule over China.

    Right now the tit-for-tat battle continues. By April 11, US tariffs on China peaked at 145%, while China’s retaliatory tariffs on US goods reached an unprecedented 125%.

    Although it is clearly fighting back, China could go even further by selling off US treasuries and increasing US interest rates and thus borrowing cost. But unlike Trump, Xi often plays the long game. After all, Trump’s term as president will be over in less than four years, while Chinese president Xi has no term limits. All the latter has to do is exercise patience, and a friendlier US president might come around.

    Chee Meng Tan 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. China has identified how to fight back against Trump’s tariffs, and is not ready to back down – https://theconversation.com/china-has-identified-how-to-fight-back-against-trumps-tariffs-and-is-not-ready-to-back-down-255325

    MIL OSI – Global Reports –

  • MIL-OSI Global: Tony Blair opposes phasing out fossil fuels. These academics disagree

    Source: The Conversation – UK – By Jack Marley, Environment + Energy Editor, UK edition

    Rapidly phasing out fossil fuels and limiting energy consumption to tackle climate change is “a strategy doomed to fail” according to former UK prime minister Tony Blair.

    In the foreword of a new report, Blair urges governments to rethink their approach to reaching net zero emissions.

    Instead of policies that are seen by people as involving “financial sacrifices”, he says world leaders should deploy carbon capture and storage, including technological and nature-based approaches, to meet the rising demand for fossil fuels.

    But speak to many academic experts on climate change and they will tell a very different story: that there is no strategy for addressing climate change that does not involve ending, or at least massively reducing, fossil fuel combustion.

    This roundup of The Conversation’s climate coverage comes from our award-winning weekly climate action newsletter. Every Wednesday, The Conversation’s environment editor writes Imagine, a short email that goes a little deeper into just one climate issue. Join the 45,000+ readers who’ve subscribed.

    A fossil fuel phase-out is ‘essential’

    “There is a wealth of scientific evidence demonstrating that a fossil fuel phase-out will be essential for reining in the greenhouse gas emissions driving climate change,” says Steve Pye, an associate professor of energy at UCL.



    Read more:
    COP28 president is wrong – science clearly shows fossil fuels must go (and fast)

    “I know because I have published some of it.”

    Ed Hawkins, a climate scientist at the University of Reading, agrees.

    “Rapidly reducing our reliance on fossil fuels, and not issuing new licenses to extract oil and gas, is the most effective way of minimising future climate-related disruptions,” he says.



    Read more:
    Science shows the severe climate consequences of new fossil fuel extraction

    “The sooner those with the power to shape our future recognise this, the better.”

    Fossil fuels are responsible for 90% of the carbon dioxide heating the climate. The amount burned annually is still rising, and so is the rate at which the world is getting hotter. Scientists now fear we are approaching irreversible tipping points in the climate system, hence their support for an urgent replacement of fossil fuels with renewable energy.



    Read more:
    Climate tipping points are nearer than you think – our new report warns of catastrophic risk

    Blair is confident that an emergency response on this scale can be avoided by absorbing CO₂ immediately after burning fossil fuels, from the smokestacks where the greenhouse gas is concentrated.

    Not all of the emissions responsible for climate change would be prevented. UCL earth system scientist Mark Maslin says that natural gas, which would linger as an energy source thanks to carbon capture, still leaks from pipelines and storage vessels upstream of power plants.



    Read more:
    The UK’s £22 billion bet on carbon capture will lock in fossil fuels for decades

    Commercial applications of the technology also have a poor track record. Just two large-scale coal-fired power plants are operating with CCS worldwide – one in the US and one in Canada.

    “Both have experienced consistent underperformance, recurring technical issues and ballooning costs,” Maslin says.

    CCS is no alternative to turning off the fossil fuel taps.
    Pan Demin/Shutterstock

    Blair might baulk at what he perceives to be the expense of ditching fossil fuels. But economic modelling led by Oxford University’s Andrea Bacilieri suggests his concern is misplaced. A rapid phase-out of fossil fuels could save US$30 trillion (US$1 trillion a year) by 2050 she concludes, compared with allowing power plants and factories to keep burning them with CCS.

    Developing CCS will be necessary to help manage an orderly transition from fossil fuels according to Myles Allen, a professor of geosystem science at Oxford University. But it is not a substitute for undergoing that transition, he says.



    Read more:
    Getting carbon capture right will be hard – but that doesn’t make it optional

    “Above all, we need to make sure the availability of CCS does not encourage yet more CO₂ production.”

    Keeping the public on board

    Is Blair right to fret about a public backlash to lower energy use? Academics suggest multiple reasons to think otherwise if the alternative is prolonging the use of fossil fuels.



    Read more:
    Should you get a heat pump? Here’s how they compare to a gas boiler

    Replacing a gas boiler with a heat pump that runs on electricity, for example, can lower a household’s energy consumption without a deliberate effort. That’s because renewable appliances convert power to heat more efficiently (how much depends on how well insulated the home is).



    Read more:
    Heat pumps without home insulation could raise bills and energy demand – here’s what the government can do

    In fact, it’s dependence on fossil fuel that is preventing many households from making this switch. The high wholesale price of gas determines the cost of electricity for UK consumers.



    Read more:
    How gas keeps the UK’s electricity bills so high – despite lots of cheap wind power

    And surveys repeatedly show that support for net zero policies is broad and deep in the UK – including those that would involve lifestyle changes say Lorraine Whitmarsh (University of Bath), Caroline Verfuerth and Steve Westlake (both Cardiff University), who research public behaviour and climate change.



    Read more:
    Net zero: direct costs of climate policies aren’t a major barrier to public support, research reveals

    “Crucially, the public wants and needs the government to show clear and consistent leadership on climate change,” they say.

    Meanwhile, what can corrode public acceptance of sacrifices is the high-consuming behaviour of a minority (think pop stars in rockets, as Westlake recently argued). And, arguably, the statements of powerful people like Blair.



    Read more:
    Why Katy Perry’s celebrity spaceflight blazed a trail for climate breakdown

    New research even suggests the politics that Blair and many others like him favour might also play a role here. Felix Schulz (Lund University) and Christian Bretter (The University of Queensland) are social scientists who study how ideology affects personal views on climate policy.

    They identified respondents in six countries (the UK, US, Germany, Brazil, South Africa and China) who shared Blair’s neoliberal worldview, which the pair define as a belief that individuals are primarily responsible for their own fortune, and need to take care of themselves – as well as an abiding faith in the free market.



    Read more:
    People with neoliberal views are less likely to support climate-friendly policies – new research

    “We observed a strong link between a neoliberal worldview and lack of support for the climate policies in our study,” they say.

    Schulz and Bretter urge us to consider how someone’s ideology ultimately shapes their understanding of the problem and its solutions as well.

    – ref. Tony Blair opposes phasing out fossil fuels. These academics disagree – https://theconversation.com/tony-blair-opposes-phasing-out-fossil-fuels-these-academics-disagree-254530

    MIL OSI – Global Reports –

  • MIL-OSI USA: Magaziner, Amo Honor Senate President Dominick J. Ruggerio on House Floor

    Source: US Representative Seth Magaziner (RI-02)

    WASHINGTON, DC – Today, Representative Seth Magaziner (RI-02) and Congressman Gabe Amo (RI-01)  spoke on the House Floor to honor the late Senate President Dominick J. Ruggerio of North Providence. Over the course of more than 40 years in the Rhode Island state legislature, Senate President Ruggerio fiercely advocated for the people and places that make Rhode Island unique. On April 21, 2025, he passed away after a long battle with cancer.

    “President Ruggerio dedicated his life to making Rhode Island a better place, devoting forty years of service in the Rhode Island State Senate, culminating in his leadership as Senate President. Through it all, he was a tireless advocate for working people, a skilled legislator, and a kind and gracious presence to everyone he met,” said Representative Magaziner. “When I was state treasurer, I was proud to work with him on the 2018 statewide school construction initiative, where we made a historic investment in repairing or replacing hundreds of Rhode Island public school buildings.”

    “Donny, as he was referred to by those who knew him best, was a force to be reckoned with. A forza, as his Italian loved ones would say. For over 40 years as a state legislator for North Providence — a jewel of the First Congressional District — President Ruggerio served as a champion for all Rhode Islanders,” said Congressman Amo. “Earlier this week, we came together at St. Anthony Church in North Providence to remember this beloved icon in Rhode Island history. Today, I join President Ruggerio’s friends, family, staff, and colleagues who will carry on the torch that he lit and ensure that his legacy shines a light for generations to come.

    WATCH CONGRESSMAN MAGAZINER AND CONGRESSMAN AMO’S REMARKS

    MAGAZINER REMARKS AS DELIVERED

    Mr. Speaker, I rise today to honor the life and legacy of a true Rhode Island public servant, State Senate President Dominick Ruggerio.

    President Ruggerio dedicated his life to making Rhode Island a better place, devoting forty years of service in the Rhode Island State Senate, culminating in his leadership as Senate President.

    Through it all, he was a tireless advocate for working people, a skilled legislator, and a kind and gracious presence to everyone he met.

    President Ruggerio made his career in the labor movement, working with the Laborer’s International Union of North America before retiring where he assumed the office of Senate President.

    During his tenure in the Senate, he championed raising the minimum wage, protecting workers’ pensions, and rebuilding infrastructure among many other causes.

    When I was state treasurer, I was proud to work with him on the 2018 statewide school construction initiative, where we made a historic investment in repairing or replacing hundreds of Rhode Island public school buildings.

    I saw on that occasion and throughout my time in the State House that his commitment to the future of our state was unwavering.

    My thoughts are with Dominick Ruggerio’s family on his passing this past week, particularly with his children Charlie and Amanda, and his four grandchildren, and with all in Rhode Island who had the privilege to know and to work with him.

    I yield back.

    AMO REMARKS AS DELIVERED

    I rise today to honor Rhode Island’s late, great, Senate President, Dominick Ruggerio

    Mr. Speaker, Donny, as he was referred to by those who knew him best, was a force to be reckoned with.

    A forza, as his Italian loved ones would say.

    For over 40 years as a state legislator for North Providence — a jewel of the First Congressional District — President Ruggerio served as a champion for all Rhode Islanders.

    From infrastructure to the environment, labor protections and more, he fought for the places and the people who make the Ocean State great.

    Hardworking people like my mom, who worked for years as an SEIU nurse in Rhode Island nursing homes.

    Every time our paths crossed, he would remind me how, with enough hard work, grit, and determination, that anything is possible — even my own story.

    Donny loved our state and he loved our state house.

    Throughout his tenure, he mentored so many legislators, countless legislators — regardless of which side of the aisle they sat on.

    His passing last week after a lengthy battle with cancer is both a profound loss for our community and for our state.

    Earlier this week, we came together at St. Anthony Church in North Providence to remember this beloved icon in Rhode Island history.

    Today, I join President Ruggerio’s friends, family, staff, and colleagues who will carry on the torch that he lit and ensure that his legacy shines a light for generations to come.

    MIL OSI USA News –

  • MIL-OSI USA: Governor Kehoe Orders Capitol Dome Lighted Blue in Honor of Fallen Law Enforcement Officers

    Source: US State of Missouri

    APRIL 30, 2025

    Jefferson City — In honor of Missouri’s fallen law enforcement officers, Governor Mike Kehoe ordered the Missouri State Capitol dome and Missouri Law Enforcement Memorial to shine blue beginning at sunset on Friday, May 2, 2025, until sunrise on Sunday, May 4, 2025.

    “The Missouri Capitol dome will shine blue this weekend as we honor and remember the law enforcement officers who made the ultimate sacrifice,” Governor Kehoe said. “It takes great courage, strength, and commitment for law enforcement officers to put on their uniform each day knowing that their duty requires them to run toward the dangers that others flee. We have a responsibility to honor the fallen and ensure they are never forgotten.”

    The annual ceremonies honoring fallen Missouri law enforcement officers will be held at the Missouri Law Enforcement Memorial on the north side of the State Capitol. The 2025 Candlelight Vigil will be held on Friday, May 2, and the Memorial Service will take place on Saturday, May 3.

    The names of four law enforcement officers who died in the line of duty during 2024 have been added to the memorial’s Wall of Honor in advance of this year’s ceremonies, as well as two  historical officer deaths for which the line of duty circumstances have recently been confirmed through research. The Wall of Honor now includes 752 fallen officers.

    Line-of-Duty Deaths

    • Cody R. Allen – On Feb. 29, 2024, Independence Police Department Officer Cody Allen was shot and killed while responding to the shooting of Jackson County Civil Process Server Drexel Mack, who had been serving an eviction notice.
    • Stephen A. Singer – Early on the morning of April 8, 2024, Lake Lafayette Police Department Chief Steven Singer died in his home as a result of a heart attack. The evening before, he had pursued several suspects who were trespassing with utility task vehicles (UTV) near the dam at Lake Lafayette.
    • Phylicia Carson – On Aug. 31, 2024, Osage Beach Police Department Officer Phylicia Carson was killed in a vehicle crash while responding to assist another officer involved in a vehicle pursuit.
    • David Lee III – On Sept. 22, 2024, St. Louis Metropolitan Police Department Officer David Lee III was struck by a vehicle and killed while assisting at the scene of a motor vehicle crash on eastbound I-70. Officer Lee was setting out flares when a speeding drunk driver lost control of his vehicle and struck him.
    • Noah Bowles – On Feb. 8, 1904, Lewistown Marshal Noah Bowles was attempting to arrest a man for public intoxication on a railway platform in Lewistown. The suspect, who had allegedly been harassing passengers on a recently arrived train, fatally shot Marshal Bowles with a revolver.
    • George D. Hooper – On March 17, 1918, Webb City Police Department Chief George Hooper was shot and killed in an exchange of gunfire. He had approached a gunman who had been firing a handgun and pursuing a woman on foot near railroad tracks. The gunman shot Chief Hooper, who returned fire. A deputy sheriff shot and killed the gunman.

    The families of the fallen and representatives of law enforcement agencies from across Missouri will participate in the ceremonies.

    Friday May 2, 2025

    Candlelight vigil honoring Missouri law enforcement officers who died in the line of duty

    When: 8:00 p.m.

    Where: Law Enforcement Memorial at the Missouri State Capitol, located on North Capitol Drive

    Media: Open

    Saturday, May 3, 2025

    Governor Kehoe and Attorney General Bailey to deliver remarks at memorial service honoring Missouri law enforcement officers who died in the line of duty

    When: 10:00 a.m.

    Where: Law Enforcement Memorial at the Missouri State Capitol, located on North Capitol Drive

    Media: Open (Saturday’s service will be livestreamed on the Missouri Department of Public Safety Facebook page)

    Photos of the Capitol lighted blue will be available on Governor Kehoe’s Flickr Page.

    ###

     

    MIL OSI USA News –

  • MIL-OSI USA: My weekly column: 100 days of promises kept under President Trump

    Source: United States House of Representatives – Representative Randy Feenstra (IA-04)

    April 30th marked 100 days of promises kept under President Trump. Like he pledged on the campaign trail, he has mobilized every tool at his disposal to make America strong again and reverse the failed policies pushed by the Biden administration. From border security and energy dominance to government efficiency and economic investment, President Trump has delivered real results for the American people and has worked around the clock to put our families, farmers, workers, and small businesses first.

    The clearest example of President Trump’s decisive leadership is his complete and total lockdown of our southern border. Illegal border crossings have plummeted by 95% and illegal immigrant “gotaways” have fallen by 99%. Drug traffickers, criminals, sex traffickers, and violent MS-13 and Tren de Aragua gang members have been quickly removed from our country. After Biden halted construction of the border wall, President Trump immediately restarted this vital national security initiative and reiterated his unwavering support for our border patrol agents who were treated so poorly under the Biden administration. President Trump was absolutely right when he remarked during his joint address to Congress on March 4th that “it turned out that all we really needed was a new President” to secure our border.

    Strengthening his work to close the border, President Trump honored families who have lost loved ones to illegal immigrant crime by signing the Laken Riley Act – the first piece of legislation to become law this year. The Laken Riley Act also included Sarah’s Law, in honor of 21-year-old Iowan Sarah Root, who was senselessly killed by a drunk driving illegal immigrant in 2016. Instead of answering for his crimes, this criminal posted bail, was released from jail, and fled our country never to be seen again. Sarah’s Law – now the law of the land thanks to President Trump – ensures that illegal immigrants who murder or seriously injure American citizens are detained without bail and held accountable for their actions. Fortunately, the illegal immigrant who killed Sarah Root was recently arrested in Honduras and the Trump administration worked quickly with Honduran authorities to extradite this criminal back to the United States to face justice. This is the action that the American people wanted to see, and President Trump is delivering.

    Upon his return to the White House, President Trump also announced that he would do everything in his power to restore American energy dominance – and that he did. He created the National Energy Dominance Council to determine every avenue available to increase energy production, lower gas prices, and make the United States the world’s energy powerhouse. He rescinded countless Biden executive orders that promoted the Green New Deal over affordable gas and electricity prices and cut needless red tape that prevented American energy producers from reaching their full production capacity. He overturned the Biden administration’s ban on liquefied natural gas exports, signed a resolution – that I voted for – to completely repeal Biden’s costly tax on natural gas production, and stopped the Biden administration’s ridiculous electric-vehicle mandates on American families. Under President Trump’s watch, we will use the energy resources abundantly available in our own country and reduce our dependence on our foreign adversaries for our energy needs.

    Government efficiency is another bright spot of President Trump’s America First agenda. The Biden administration exploded our national debt with trillions of dollars of wasteful spending that fueled inflation and made life more expensive for Americans. As promised, the Trump administration uncovered example after example of waste, fraud, and abuse in our federal government. DEI positions in federal agencies have been cut, spending on liberal initiatives has been slashed, and welfare for illegal immigrants has been suspended. Eliminating this type of waste ensures that programs like Medicare and Social Security – intended for American citizens only – can remain solvent now and well into the future. With President Trump in the White House, taxpayer dollars are being treated with the care that they deserve.

    Additionally, because of President Trump’s mission to hold our trading partners accountable to our laws and protect our farmers, workers, manufacturers, and businesses from unfair and unlawful trade practices, business investment is accelerating in our country. More than $5 trillion in new investments in America have been announced, which will create over 451,000 new jobs in American communities. This impressive figure does not even include pledges that other countries have made to bring manufacturing and jobs to the United States, spurring additional economic growth. To complement these investments, my Republican colleagues and I are working hard to extend President Trump’s Tax Cuts and Jobs Act to deliver tax relief for our families, farmers, workers, and businesses. While Democrats want Americans to see the highest tax hike in U.S. history, President Trump and Republicans are committed to lowering taxes and unleashing U.S. economic prosperity. The American workforce and American industry will no longer be taken advantage of by foreign nations, and American citizens will rightfully keep more of their hard-earned money.

    This is not an exhaustive list of the amazing achievements that President Trump has delivered in just 100 days, but it does prove that he is working harder than ever to serve the American people. I know that President Trump will take this same aggressive and results-oriented approach to his next four years in office.

    MIL OSI USA News –

  • MIL-OSI USA: Congresswoman Pingree Leads Bipartisan, Bicameral Effort to Expand and Strengthen Local Meat Processing

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

    Today, U.S. Representatives Chellie Pingree (D-Maine) and Jim Baird (R-Ind.), along with U.S. Senators John Thune (R-S.D.) and Tina Smith (D-Minn.), reintroduced legislation to support small meat and poultry processors throughout the U.S. The bipartisan, bicameral Strengthening Local Processing Act would make it easier for local livestock and poultry producers to process meat locally, by expanding access to federal resources and providing critical support for training and technical assistance to small processors.

    “Access to USDA processing facilities remains a significant challenge for livestock producers in Maine and across the country. Their livelihoods depend on having somewhere to take their animals, but under the current system, their options are severely limited. Chefs, retailers, and consumers want to buy locally raised meat, and they’re frustrated by how difficult it is to get,” said Congresswoman Pingree, a longtime farmer and member of the House Agriculture Committee. “Our bipartisan Strengthening Local Processing Act will increase processing, enhance opportunities for local producers, and help small slaughterhouses and butchers grow their businesses—delivering the quality, locally raised meat and poultry consumers expect at the store.”

    Under federal law, farmers and ranchers are required to send their animals to one of a limited number of U.S. Department of Agriculture (USDA) or state-inspected slaughterhouses—often hundreds of miles away—in order to sell individual cuts of locally raised meats. As a result, many smaller meat and poultry processing plants are booked out for months, and small farms are unable meet new demand due to a lack of processing capacity. 

    The Strengthening Local Processing Act will increase the federal cost share for both state facility inspections (from 50 to 65%), as well as the Cooperative Interstate Shipment (from 60 to 80%), thus encouraging more states to operate state inspection programs and participate in CIS. There are currently 29 states that operate a state inspection program, and 10 states that participate in CIS. 

    The legislation would create a competitive grant program for small and very small establishments, state inspected facilities, custom exempt facilities, or new small-scale slaughter facilities to help increase processing capacity and grow resiliency. It would also create two new grant programs for meat processing workforce training—one for colleges, universities, nonprofits, worker training centers, and others to establish or expand meat processing training program and one for small and very small establishments or nongovernmental organizations to offset the cost of training new meat processors.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Governor Lamont Highlights Proactive Steps Connecticut Is Taking To Address ‘The Link’ Between Child Abuse and Animal Cruelty

    Source: US State of Connecticut

    (NEWINGTON, CT) – Governor Ned Lamont today joined other state officials and animal welfare advocates for a news conference at the headquarters of the Connecticut Humane Society in Newington to commemorate Child Abuse Awareness Month and Prevention of Cruelty to Animals Month and highlight the proactive work being done among Connecticut state agencies to cross report accounts of animal cruelty for assessment and possible investigation to determine the safety of children in households where these reports have occurred.

    Numerous studies have shown that there is a strong correlation between instances of animal abuse, child maltreatment, and other forms of interpersonal violence, including domestic violence and elder abuse. Professionals refer to this correlation as “The Link.”

    Over the last several years, staff from Connecticut state agencies, including the Connecticut Department of Children and Families (DCF) and the Connecticut Department of Agriculture (DOAG), have been strengthening their partnerships to respond to “The Link” by cross reporting these instances to each other. Upon receiving reports of reasonable suspicion of animal cruelty from state, regional, and municipal animal control officers, DOAG staff are mandated to forward that information to staff from DCF, who then review whether any children in those homes could be impacted.

    “It’s clear that in homes where animal cruelty has occurred, child abuse or other forms of domestic violence may be present,” Governor Lamont said. “By cross reporting this information between state agencies, our staff can proactively investigate whether other forms of violence are occurring in a home and take measures to protect any children, adults, or animals who may be impacted.”

    “Our continued collaboration with DCF and other state and local partners is essential to increasing education and outreach around the link between child abuse and animal cruelty,” Connecticut Agriculture Commissioner Bryan P. Hurlburt said. “Through training and education, animal control officers are key partners in recognizing and responding to signs of cruelty and sharing that information appropriately to protect the safety and wellbeing of both children and animals.”

    “Our animals, like our children, are vulnerable to abuse and neglect in every community and deserve our full protection,” Connecticut Children and Families Commissioner Jodi Hill-Lilly said. “That’s why we’re increasing staff support, improving data collection, and strengthening our cross-reporting partnership with the Department of Agriculture to address The Link between animal abuse and other forms of child abuse and neglect. This includes mandatory training for frontline staff to identify signs of abuse during home visits. We’re grateful to Governor Lamont, the Department of Agriculture, and our advocacy partners for their support in protecting our most vulnerable.”

    Connecticut has seen demonstrated increases in animal cruelty reports over the past several years, due in part to increased education and outreach efforts by both DCF and DOAG. For example, DCF has made cross reporting a part of the agency’s mandated reporter training. More recently, across its 14 offices, DCF has also more than doubled the number of cross-reporting liaisons who are responsible for helping to triage cases between DCF social workers and animal control officers and provide monthly training and educational support to teams of staff.

    In 2024, DOAG sent DCF 90 reports, while in that same year DCF sent a total of 107 reports to DOAG. Last year, “The Link” was apparent in 16 reports that met the standard for an abuse/neglect investigation based on the initial information provided in the written report. Of those 90 reports, 13 were made on families that were already involved with and receiving supports from DCF.

    The partnership between DOAG and the DCF Child Abuse and Neglect Careline continues to be strengthened to ensure reports are received immediately, allowing DCF to proceed as necessary and DOAG to close the loop with local animal control officers.

    “The Connecticut Humane Society has and will always stand as a voice for the voiceless,” James Bias, executive director of the Connecticut Humane Society, said. “We recognize that acts of animal cruelty are rarely isolated and are too often linked to cases of child abuse. It is so important that every report is taken seriously, and every investigation is pursued with urgency. Accountability is essential to ending the cycles of both animal cruelty and child abuse. These are the most vulnerable of our community, and they deserve more.”

    A review of research studies shows that:

    • Animals were harmed in 88% of homes where a child was physically abused.
    • 75% of female survivors of domestic violence report their pets were threatened or intentionally harmed by their partner.
    • Children exposed to domestic violence are three times more likely to be cruel to animals.
    • 45% of caseworkers working with the elderly encountered animal abuse or neglect co-occurring with elder abuse.

    “There is a well-documented link between animal cruelty and child abuse, with studies consistently showing that violence toward animals often occurs with domestic violence, including abuse of children,” Robin “Zilla” Cannamela, president and co-founder of Desmond’s Army Animal Law Advocates, said. “As Desmond’s Army often sees in court, abusers may harm or threaten pets as a mean of controlling victims making it more difficult for them to seek help or leave unsafe situations. Recognizing this critical connection, Desmond’s Army Animal Law Advocates has expanded its mission to support not only animals but also help the people who love them. As part of this effort, our organization now offers to pay up to $300 for the first month of boarding cost for pets of domestic violence victims entering a licensed safe facility. This compassionate initiative helps remove a significant barrier for survivors, giving them the freedom to escape abuse without the fear of abandoning their pets. This initiative also teaches children that pets are important family members deserving protection from harm.”

    Anyone can make a report of animal cruelty by contacting their local animal control department in the town where those concerns have been noted or by contacting DOAG’s Animal Control Office at 860-713-2506 or AGR.AnimalControl@ct.gov. Those making a report can remain anonymous.

    A reasonable suspicion of child maltreatment can be made to DCF’s Child Abuse and Neglect Careline by dialing 1-800-842-2288. The hotline is open 24 hours a day, 365 days a year. Callers can remain anonymous.

     

    MIL OSI USA News –

  • MIL-OSI Security: New Englanders Report Over $446 Million in Losses According to Annual Internet Crime Report

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

    Victims reported a 42 percent increase in losses from 2023

    The Federal Bureau of Investigation’s Internet Crime Complaint Center (IC3) has released its latest annual report. The 2024 Internet Crime Report combines information from 859,532 complaints of suspected internet crime and details reported losses exceeding $16 billion—a 33 percent increase in losses from 2023.

    In the Boston Division of the Federal Bureau of Investigation’s area of responsibility—which includes all of Massachusetts, Maine, New Hampshire and Rhode Island—20,373 people reported $446,736,666 in losses.

    • 14,254 victims in Massachusetts reported $338,872,378 in losses
    • 2,137 victims in Maine reported $31,455,797 in losses
    • 2,340 victims in New Hampshire reported $52,811,455 in losses
    • 1,642 victims in Rhode Island reported $23,597,036 in losses

    The top three cybercrimes in all four states by number of complaints in 2024 (9,324), were phishing/spoofing, extortion, and personal data breaches.

    The top three cybercrimes in all four states that cost victims the most money ($339.8 million) were investment fraud, business email compromise, and tech support scams.

    “What we are seeing here in New England tracks with the trends we’re seeing nationwide. More and more folks are suffering staggering financial losses, including senior citizens, small businesses, and people whose entire livelihoods have been wiped out by scammers,” said James Crowley, acting special agent in charge of the FBI Boston Division. “While we recognize that it may be embarrassing for victims to report these crimes, it’s important to do so so that the FBI and our law enforcement partners can do everything in our power to ensure these fraudsters are brought to justice.”

    To promote public awareness, the IC3 produces an annual report to aggregate and highlight the data provided by the public. The quality of the data is a direct reflection of the information the public provides through the IC3 website. The IC3 standardizes the data by categorizing each complaint and analyzes the data to identify and forecast trends in internet crime. The annual report helps the FBI develop effective relationships with industry partners and share information for investigative and intelligence purposes for law enforcement and public awareness.

    The IC3, which was established in May 2000, houses nine million complaints from the public in its database and continues to encourage anyone who thinks they’ve been the victim of a cyber-enabled crime, regardless of dollar loss, to file a complaint through the IC3 website. The more comprehensive complaints the FBI receives, the more effective it will be in helping law enforcement gain a more accurate picture of the extent and nature of internet-facilitated crimes.

    The FBI recommends that everyone frequently review consumer and industry alerts published by the IC3. If you or your business are a victim of an internet crime, immediately notify all financial institutions involved in the relevant transactions, submit a complaint to www.ic3.gov, contact your nearest FBI field office, and contact local law enforcement.

    The full 2024 Internet Crime Report can be found here: https://www.ic3.gov/AnnualReport/Reports/2024_IC3Report.pdf

    Additional resources are located here: https://www.ic3.gov/Outreach/Resources

    MIL Security OSI –

  • MIL-OSI Economics: Microsoft announces new European digital commitments

    Source: Microsoft

    Headline: Microsoft announces new European digital commitments

    Includes datacenter operations in 16 countries and Digital Resilience Commitment.

    Forty-two years ago, Microsoft released the very first version of Microsoft Word. It was a major milestone in the company’s journey to enhance people’s productivity through innovation. It also marked the young and growing company’s first big step in Europe with the first Microsoft product localized in multiple European languages, starting with German and French.

    Since then, our economic reliance on Europe has always run deep. We recognize that our business is critically dependent on sustaining the trust of customers, countries, and governments across Europe. We respect European values, comply with European laws, and actively defend Europe’s cybersecurity. Our support for Europe has always been–and always will be–steadfast.

    In a time of geopolitical volatility, we are committed to providing digital stability. That is why today Microsoft is announcing five digital commitments to Europe. These start with an expansion of our cloud and AI infrastructure in Europe, aimed at enabling every country to fully use these technologies to strengthen their economic competitiveness. And they include a promise to uphold Europe’s digital resilience regardless of geopolitical and trade volatility.

    As a multinational company, we believe in trans-Atlantic ties that promote mutual economic growth and prosperity. ​We were pleased the Trump administration and the European Union recently agreed to suspend further tariff escalation while they seek to negotiate a reciprocal trade agreement. We hope that successful talks can resolve tariff issues and reduce non-tariff barriers, consistent with the recommendations in the recent Draghi report.

    We will always be dedicated to creating jobs, promoting economic opportunities, and strengthening cybersecurity on both sides of the Atlantic. The five commitments below, like the very first European version of Microsoft Word, take our support for Europe another step forward.

    1. We will help build a broad AI and cloud ecosystem across Europe

    We recognize that European nations want and need a world class and broad AI and cloud ecosystem. Today, we are announcing plans to increase our European datacenter capacity by 40% over the next two years. We are expanding datacenter operations in 16 European countries. When combined with our recent construction, the plans we’re announcing today will more than double our European datacenter capacity between 2023 and 2027. It will result in cloud operations in more than 200 datacenters across the continent.

    This expansion will play an important role in boosting Europe’s economic growth and competitiveness. We believe that broad AI diffusion will be one of the most important drivers of innovation and productivity growth over the next decade. Like electricity and other general-purpose technologies in the past, AI and cloud datacenters represent the next stage of industrialization. They are creating real-world capabilities to fuel business and manufacturing innovation, run national health systems, enable secure government services, and support digital tools in education—all while keeping data and operations close to home, subject to European laws and regulations.

    Public cloud datacenters

    Our public cloud datacenters are a foundation for the diversified cloud ecosystem we are committed to supporting across Europe. This includes the Microsoft Cloud for Sovereignty, a package of technologies and configurations to help governments and other customers run on Azure in our public cloud datacenters with greater control over data location, encryption, and administrative access.

    Sovereign cloud datacenters

    A second aspect of our diversified approach involves sovereign cloud datacenters. In France, Microsoft has partnered with Capgemini and Orange, who formed a joint venture named Bleu. Designed as a “cloud de confiance” (trusted cloud) platform, Bleu offers a broad range of Microsoft Azure cloud services and Microsoft 365 productivity tools operated under French control. In Germany, a similar sovereign cloud initiative is underway through a partnership between Microsoft, SAP, and Arvato Systems (a Bertelsmann IT subsidiary). This effort, through SAP’s subsidiary, Delos Cloud GmbH, is creating a sovereign cloud platform for the German public sector, hosted in German datacenters and operated by German personnel.

    Support for European cloud providers

    A third aspect of our work involves our collaboration with European cloud providers to offer Microsoft applications and services on their local cloud infrastructure. This partnership provides these European providers with the opportunity to run Microsoft applications on more favorable terms than we make available to Amazon and Google. Additionally, we are developing new technology and licensing solutions tailored for these European providers and the markets they serve.

    Emerging options

    Given recent geopolitical volatility, we recognize that European governments likely will consider additional options. Some of these may involve public financing to support European home-grown offerings. We recognize the importance of a diversified technology ecosystem, and we are committed to collaborating with European participants across the tech ecosystem.

    Respect for European laws

    Microsoft is investing tens of billions of dollars annually in expanding its datacenters across Europe. These investments aren’t on wheels. They are permanent structures and subject to local laws, regulations, and governments. Like every citizen and company, we don’t always agree with every policy of every government. But even when we’ve lost cases in European courts, Microsoft has long respected and complied with European laws.

    We understand that European laws apply to our business practices in Europe, just as local laws apply to local practices in the United States and similar laws apply elsewhere in the world. This includes European competition law and the Digital Markets Act, among others. We’re committed not only to building digital infrastructure for Europe, but to respecting the role that laws across Europe play in regulating our products and services.

    2. We will uphold Europe’s digital resilience even when there is geopolitical volatility

    By building a European cloud for Europe, Microsoft is committed to helping Europe navigate the uncertain geopolitical and trade environment and better manage risk by strengthening the continent’s digital resilience. We will always strive to be a voice of reason that promotes mutual opportunities and stable ties across the Atlantic. We in fact believe that even amidst current trade and tariff disputes, there is a strong consensus in Washington supporting the sustained flow of digital services from the United States to Europe.

    We also are listening closely to the views of European governments and leaders. We recognize that European countries, like nations everywhere, need to have rock-solid confidence in the digital infrastructure on which they rely. To ensure this confidence, we will take the following three steps:

    A European cloud for Europe

    Microsoft is headquartered in the United States, but we provide cloud services to Europe through corporate entities headquartered in Europe. To further cement the nexus between Microsoft and Europe, going forward our European datacenter operations and their boards will be overseen by a European board of directors that consists exclusively of European nationals and operates under European law.

    A Digital Resilience Commitment

    In the unlikely event we are ever ordered by any government anywhere in the world to suspend or cease cloud operations in Europe, we are committing that Microsoft will promptly and vigorously contest such a measure using all legal avenues available, including by pursuing litigation in court. By including a new European Digital Resilience Commitment in all of our contracts with European national governments and the European Commission, we will make this commitment legally binding on Microsoft Corporation and all its subsidiaries.

    Microsoft has a demonstrated history of pursuing litigation when that has been needed to protect the rights of our customers and other stakeholders. This includes four lawsuits we filed against the U.S. Executive Branch during President Obama’s tenure, including to protect the privacy of our customers’ data in the United States and Europe. It also included, during President Trump’s first term, a successful decision before the U.S. Supreme Court to uphold the rights of employees who are immigrants. When necessary, we’re prepared to go to court.

    We are confident of our legal rights to ensure continuous operation of our datacenters in Europe. And we are prepared to back this confidence with our contractual commitments to European governments.

    Business continuity partnerships

    Finally, we will designate and rely upon European partners with contingency arrangements for operational continuity in the unlikely event Microsoft were ever required by a court to suspend services. We are already enabling our partners in France and Germany to do this for the Bleu and Delos datacenters, and we will pursue arrangements for our public cloud datacenters in Europe. We will store back-up copies of our code in a secure repository in Switzerland, and we will provide our European partners with the legal rights needed to access and use this code if needed for this purpose.

    3. We will continue to protect the privacy of European data

    Microsoft has long been at the forefront in designing and implementing technology solutions to protect customer data. We enable customers to control where their data is stored and processed, how it is encrypted and secured, and when Microsoft can access it. We offer customers robust capabilities across the entire cloud stack from infrastructure to platform to software as a service, from Azure to Microsoft 365 to Dynamics 365. We back our technical solutions with strong contractual commitments and, as noted above, a demonstrated history of going to court on behalf of our customers.

    The EU data boundary project

    Reflecting our continuing commitment to innovation, we recently finished implementing our EU Data Boundary project. This offers European customers the ability to have their data stored and processed in Europe. Since January 2024, our European commercial and public sector customers have been able to store and process their data and personal identifiers for Microsoft core cloud services—including Microsoft 365, Dynamics 365, Power Platform, and Azure services—within the EU and EFTA regions. Three months ago, Microsoft completed the project by extending the EU Data Boundary to include professional services data from technical support interactions. And, critically, we make these solutions available in all our European cloud regions and throughout our tech stack, from IaaS, to PaaS, to SaaS, including M365 Copilot.

    Additional security and encryption options

    In addition to the EU Data Boundary, we provide European customers with multiple options for securing and encrypting their data. Our Confidential Compute offerings in Azure eliminate the ability of third parties—including Microsoft—to access customer data by ensuring data is processed within a trusted environment the customer alone controls. We enable customers to create a “lockbox” around their data across Azure, Dynamics 365, and Microsoft 365 by giving them the ability to review and approve before Microsoft accesses their data for customer and service support operations. We also enable customers to secure their data with encryption keys that they, not Microsoft, control with Azure Key Vault and Microsoft Purview Customer Key. Our Microsoft Cloud for Sovereignty offers customers a range of other tools to secure data, protect against unauthorized access, and satisfy legal requirements.

    A strong legal track record

    In addition to technical measures, we will continue our fight to protect the rights of European customers. Microsoft has a strong track record of going to court in the rare instances that we need to protect European data from unauthorized access. We have consistently fought legal demands that conflict with European law and have taken our challenges all the way to the Supreme Court of the United States. In 2018, as a direct result of litigation Microsoft brought on behalf of our European customers, the U.S. Congress enacted legislation that guarantees our right to object to U.S. law enforcement demands to access European data that conflict with EU law.

    We codified our promise to protect our European customers’ data with our Defending Your Data commitment, in which we agreed to challenge any government demand for EU public sector or enterprise customer data where we have a legal basis for doing so. We have included that commitment in our customer contracts and backed it up with a promise to compensate customers if we disclose their data in violation of EU law.

    New opportunities for innovation

    Today we commit to further strengthen and expand solutions that allow European customers to control and protect their data. We are embarking on new steps to listen to and consult with European customers to build on what already is the most complete, widest range of privacy, security, and sovereignty solutions that any cloud services provider now offers to customers in Europe. We look forward to sharing in the coming months the conclusions that emerge and the new steps we decide to take.

    For more details about Microsoft’s data protection and compliance programs, see the Microsoft Trust Center.

    4. We will always help protect and defend Europe’s cybersecurity

    As war erupted in 2022, Microsoft immediately helped evacuate Ukraine’s critical data and technology services to our datacenters across Europe. This move ensured Ukraine’s continued digital operation outside the range of cruise missile and air attacks. In many ways, this illustrates the role that a broad network of datacenters plays in supporting not only digital but broader resilience, both for a country and a continent.

    Uninterrupted, world-class cybersecurity protection

    In addition to safeguarding the country’s data, we immediately helped Ukraine’s officials and citizens defend their nation from Russian cyberattacks. Since the start of the war, Microsoft has provided more than $500 million of free technology and financial assistance to Ukraine and has sustained our substantial support to this day. Without interruption, we have provided cybersecurity support to NATO, Ukraine, and other European governments, including by sharing cybersecurity threat intelligence, protecting elections, and disrupting attacks against European governments, companies, and citizens.

    New measures to protect against new threats

    More than three years since the start of the war in Ukraine, European governments and countries confront ongoing cyberattacks from Russia, China, Iran, and North Korea. As these threats grow in number and sophistication, strong cybersecurity protection and coordination are more important than ever, as is the ability to respond rapidly to regional demands. That is why today we are announcing the following cybersecurity steps, which will be followed by additional announcements in the coming weeks.

    A new Deputy CISO for Europe

    Today, our Chief Information Security Officer (CISO) Igor Tsyganskiy announced that we are appointing a new Deputy CISO for Europe as part of the Microsoft Cybersecurity Governance Council. This senior executive will be dedicated to Microsoft’s security responsibilities in Europe. Last year we created this council, consisting of our Global CISO and Deputy Chief Information Security Officers (Deputy CISOs) representing each of our technology services. This Council oversees the company’s cyber risks, defenses, and compliance across regions and domains.

    The appointment of a Deputy CISO for Europe reflects the importance and global influence of EU cybersecurity regulations and the company’s commitment to meeting and exceeding those expectations to prioritize cybersecurity across the region. This new position will report directly to Microsoft’s CISO. The Deputy CISO for Europe will be accountable for compliance with current and emerging cybersecurity regulations in Europe, including the Digital Operational Resilience Act (DORA), the NIS 2 Directive, and the Cyber Resilience Act (CRA). These laws will prove transformative not only in EU markets, but worldwide, and Microsoft is actively engaged in preparing for what lies ahead.

    New security steps under the Cyber Resilience Act

    We believe the CRA will reshape the regulatory landscape as a new gold standard for cybersecurity, much as the GDPR did for privacy. We will build on the work of our Secure Future Initiative and dedicate additional resources to comply with the CRA. As its deadlines approach, we look forward to continuing our years of engagement with the European Commission, industry partners, and customers on CRA implementation efforts. We are committed to our role as a member of the European Commission’s Expert Group on Cybersecurity of Products with Digital Elements.

    To that end, Microsoft will continue to engage with stakeholders across a range of CRA topics. These will include incident and vulnerability reporting, security by design and default, cybersecurity best practices and improving open-source security and attestation. We will share our innovations that support implementing the CRA essential security requirements to help European economic operators also prepare for CRA compliance.

    Security is the foundation of trust. To sustain that trust, we will engage an independent auditor to verify and validate our commitments to Europe. We know that people will only use technology that they trust, which is why we are dedicating resources to accelerate our compliance with the CRA and committing to independent validation.

    5. We will help strengthen Europe’s economic competitiveness, including for open source

    Our AI Access Principles

    We recognize the importance of ensuring open access to our AI and cloud platform and infrastructure across Europe, including for open-source development. That is why we announced last year a set of AI Access Principles and we will introduce new enhancements to these commitments in the coming months.

    Open access across Europe

    These principles have ensured that our Azure AI platform and infrastructure is open to a variety of business models—both open-source and proprietary. We now host more than 1,800 AI models. Most of these models are open-source models, such as those from European-based AI developers Mistral and Hugging Face. And they are all available via public APIs to facilitate interoperability. This means that customers can choose which models to use and where to build their AI-powered solutions: on Azure, in another public cloud, or in their own datacenter. Finally, we enable customers to export and transfer their data. Last year we eliminated fees for the transfer of data when customers choose to switch to another cloud provider.

    A foundation for European competitiveness

    Over the past year, we have seen European startups, established businesses, and other organizations take advantage of the open access to models and tools that we provide to innovate, grow, and compete in the new AI economy. This includes technology startups such as Factorial in Spain to build AI-driven automation for HR professionals, iGenius in Italy to develop AI solutions for regulated industries, and Visma in Norway to provide AI solutions for companies in accounting, payroll, invoicing, and beyond. And it includes the Institute Curie in France to research new therapies for cancer, UBS in Switzerland to create the future of banking, and Heineken in The Netherlands to boost employee productivity.

    Building European infrastructure for Europe’s future

    We recognize that Microsoft must constantly remain focused on earning and sustaining our “license to operate” in each country across Europe. With datacenters and digital technology, this starts with each local community and country and includes officials with continental-wide responsibilities.

    Since we first brought the first version of Microsoft Word to Europe 42 years ago, digital technology has changed the ways people work many times over. Yet as we look forward, we believe the second quarter of the 21st century may bring even bigger changes ahead. Artificial intelligence offers what may become the most powerful tool for people in the history of humanity. And like all tools, there will be some who will seek to turn it into a weapon.

    More than ever, it will be critical for us to help Europe harness the power of this new technology to strengthen its competitiveness. We will need to partner with smaller and larger companies alike. We will need to support governments, non-profit organizations, and open-source developers across the continent. And we will need to listen closely to European leaders, respect European values, and adhere to European laws. We are committed to doing all these things well.

    As we celebrated Microsoft’s 50th birthday earlier this month, we recognized that our longstanding presence in Europe has been a lynchpin of our success. Europe has treated us well. Our support for Europe has always been—and always will be—steadfast.

    Tags: Digital commitments, Europe

    MIL OSI Economics –

  • MIL-OSI Economics: Meet Washington state’s 20 new winners of AI for Good Lab awards

    Source: Microsoft

    Headline: Meet Washington state’s 20 new winners of AI for Good Lab awards

    This month, Microsoft is celebrating our 50th anniversary. To help commemorate fifty years of creating technology that empowers people to achieve more, our AI for Good Lab launched an open call to support innovative AI-based projects here in Washington State.

    Our AI for Good Lab has been using AI to tackle global challenges and improve lives since 2018. We open-source our models, data, and tools so everyone can jump in, working together to make real impact. At a time when nonprofits, NGOs, and academic institutions are tasked with doing more with less, technology like AI offers a way forward.

    Through these awards, we’re investing $5 million over the next two years. This open call allows us to expand our commitments to a number of amazing projects while engaging a wide range of new organizations across the state of Washington. The 20 awardees will receive Microsoft Azure credits and the ability to collaborate with AI for Good Lab scientists.

    We’re thrilled to continue to cultivate relationships with innovative partners in this great state and the world at large. These game-changing organizations and projects are not only helping solve today’s challenges, they’re also paving the way for a brighter tomorrow. We are honored to share the following as our 2025 open call awardees.

       Sustainability

    1. Awardee: Stock-Smart.com – Washington State University Extension
      Project description: Washington State’s federal, state, tribal, and private land managers and livestock grazers are all beginning to use virtual fence systems to fine-tune ecological grazing management. Stock-Smart.com combines predicted livestock terrain use with satellite-based forage production data to inform grazing plans for livestock herds. By using AI-guided interpretation of virtual fence system geolocation data, Stock-Smart.com helps reduce wildfire risk, enhance wildlife habitats, and improve invasive species control.
    2. Awardee: Long Live the Kings
      Project description: In the Puget Sound, the impacts of rapid urbanization are compounded by climate change. Long Live the Kings employs AI and machine learning to automatically calibrate a 3D ecosystem modeling program for Puget Sound. This project will use the emulator to explore how cumulative watershed impacts affect ecosystem services and biodiversity to advance natural resource management in Puget Sound.
    3. Awardee: TealWaters
      Project description: TealWaters works to transform Washington State’s water management capacity by providing tools that inform and guide wetlands planning, protection, and restoration. TealWaters plans to support AI model testing beyond the scope of its existing tools to increase communities’ resilience to climate change and environmental stressors.
    4. Awardee: Washington State University  
      Project description: Climate change puts residents of Washington State at higher risk of dangerous wildfires. This project will develop cutting-edge AI models, fusing satellite imagery, weather data, building information, and wildfire simulation results to assess wildfire vulnerability of residential buildings in Washington State. By producing vulnerability assessments that include confidence scores, this multi-modal approach can help guide effective wildfire mitigation efforts.
    5. Awardee: Cornell University, Circular Construction Lab
      Project description: Reusing materials is the most effective circular economy strategy: it reduces waste and emissions, creates local green jobs, and supports local reuse ecosystems. AR3-Lumber aims to develop and implement AI-powered technology to reuse salvaged lumber through a local partnership with the Seattle Salvaged Lumber Warehouse. This project will enable AR3-Lumber to offer essential technical and methodological support to the circular lumber economy.
    6. Awardee: Woodland Park Zoo
      Project description: The Seattle Urban Carnivore Project aims to increase our understanding of and empathy for urban carnivores such as black bears by studying how these species live and interact with people across the greater Seattle region. This project will include a wildlife camera and bioacoustics monitoring program that collects data from green spaces across central King County and Bainbridge Island, utilizing AI to identify the diversity and density of species in urban corridors in a way that’s efficient and consumes fewer resources.
    7. Awardee: Conservation X Labs
      Project description: Conservation X Labs aims to prevent the sixth mass extinction by creating and democratizing innovative technologies to change what’s possible in conservation. The project will develop and deploy a multi-species management detection algorithm on a smart camera system to create a first –of –its –kind, real-time monitoring system for disease in wildlife that can be utilized by veterinarians, ecologists, and conservationists across Washington State.
    8. Awardee: NOAA-National Marine Fisheries Service – Habitat Conservation
       Project description: Current methods of water management and salmon habitat restoration in the Columbia River Basin tend to be either hyper-localized or computationally intensive. This project aims to use remote sensing and machine learning to classify wetlands to better predict how water management decisions and climate change impact salmon populations and support more effective conservation strategies.
    9. Awardee: Information Communication and Technology for Development (ICTD) at the University of Washington
      Project description:       More plant and animal species are threatened with extinction now than at any other time in human history. The Information Communication and Technology for Development department at the University of Washington plans to monitor wildlife using audiovisual channels on tiny compute devices, fostering a better understanding of animal populations intricately linked to food safety, disease spread, and biodiversity.

      Health

    10. Awardee: Information Communication and Technology for Development (ICTD) at the University of Washington
      Project description:       More plant and animal species are threatened with extinction now than at any other time in human history. The Information Communication and Technology for Development department at the University of Washington plans to monitor wildlife using audiovisual channels on tiny compute devices, fostering a better understanding of animal populations intricately linked to food safety, disease spread, and biodiversity.
    11. Awardee: Providence
      Project description: Current methods for identifying patients for clinical trials rely on manual screening processes that miss many patients—especially those from underserved communities—or rely on sick patients and their doctors to do the work of seeking available trials. Providence and Microsoft Health Futures are collaboratively developing Trial Connect, an AI tool that scans population-level medical data across Washington State to identify patients who qualify for clinical trials that could save their lives.
    12. Awardee: Institute for Health Metrics and Evaluation
      Project description: Data from the Institute for Health Metrics and Evaluation (IHME) are used by more than 13,000 researchers around the world. IHME plans to build a global cloud laboratory to examine health locally, using satellite imagery, AI, and spatial demography to predict risks like drought and food insecurity to specific populations. This project aims to put actionable, population-level health data into the hands of decision-makers to improve individuals’ health and wellbeing.
    13. Awardee: University of Washington Radiology
      Project description: To improve public health and support patients in their most challenging moments, the University of Washington created self-improving large language models to translate radiology report findings into patient-friendly language. Patients will receive clear, lay-language explanations of their imaging results while healthcare providers provide feedback that will be used to refine the model, ensuring continuous improvement, reducing misunderstandings, and fostering better communication between patients and medical professionals.  
    14. Awardee: Institute for Protein Design – University of Washington
       Project description: Generative AI has already had a large impact ion protein structure prediction and protein design. This project aims to develop at least three specialized, open-source models, including a next-generation biomolecule design model, a model specialized for antibody/antigen structure and antibody design, and a model specialized for protein/ligand interactions to enable the next generation of therapeutics and biomaterials.
    15. Awardee: Washington State University Department of Chemistry
       Project description: Heavy and radioactive metal contamination in Spokane and Hanford threatens community health. This project will leverage geochemistry and large language models to build a publicly accessible dataset that will aid in designing effective soil decontamination methods for Spokane and Hanford, contributing to a cleaner, healthier environment for Washington residents. 

      Education/Public Good 

    16. Awardee: Washington State University
       Project description: Rural elementary teachers in Washington often struggle to design high-quality science assessments due to limitations around resources, professional development opportunities, and access to technology. This project will develop and deploy an AI-powered multi-agent assessment system to empower rural Washington elementary teachers and enhance accessibility, engagement, and instructional effectiveness.
    17. Awardee: Evergreen Goodwill of Northwest Washington
      Project description: Rising labor and business costs have reduced the ability for Evergreen Goodwill to advance their mission of providing quality, free job training and basic education to people experiencing significant barriers to economic opportunity. The project will use an AI-powered automated donation ingestion and cataloging system to tackle the backlogged volumes of donated goods received by Evergreen Goodwill. By doing so, the project will reduce waste, increase efficiency, and unlock new opportunities for scale and profitability.
    18. Awardee: Washington State University – Group Argumentation Coordinator
      Project description: This project provides science teachers in Washington State with an AI-powered tool called a Group Argumentation Coordinator that will reduce the burden on overwhelmed teachers and improve students’ learning experience in science classrooms across the state. The project promotes real-time support for argumentation-based science learning in diverse classrooms. The two-year plan supported by this award focuses on system development, small-scale classroom pilots, and teacher feedback integration to ensure usability, fairness, and transparency.  
    19. Awardee: Washington State University – WARNS
      Project description: The Washington Assessment of Risk and Needs of Students (WARNS) has effectively assessed the needs critical to healthy social, emotional, and educational development of middle school and high school students across the state. This project will develop an elementary-level version of this assessment, leveraging large language models to reduce absenteeism and prevent dropouts among elementary school students by initiating a dialogue with students about what they need to thrive in the classroom. 
    20. Awardee: Big Brothers Big Sisters of Puget Sound 
      Project description: The Puget Sound branch of Big Brothers Big Sisters is faced with the challenge of a 100 –day-long waitlist for families looking to participate in their mentorship program. Through a partnership with KPMG and Microsoft, Big Brothers Big Sisters developed an AI tool, AIMRE, to process large datasets on their waitlist and increase both the quality and timeliness of youth/mentor matches. This award will allow Big Brothers Big Sisters to conduct further testing and deploy AIMRE locally, eventually scaling nationally to speed up the matching process for kids across the country.  

    We’re thrilled to support these 20 projects in their efforts to harness the transformative power of AI to solve challenges across Washington State and beyond.

    Tags: AI for Good Lab, Innovation, Innovation Featured, quantum, Technology

    MIL OSI Economics –

  • MIL-OSI Global: People with neoliberal views are less likely to support climate-friendly policies – new research

    Source: The Conversation – UK – By Felix Schulz, Research Fellow, Lund University Centre for Sustainability Studies, Lund University

    Sambulov Yevgeniy/Shutterstock

    Donald Trump won the US election on a campaign that included rolling back environmental laws. In the UK, Conservative party leader Kemi Badenoch has called the national net zero target “impossible”. And former prime minister Tony Blair has said the current approach of phasing out fossil fuels is “doomed to fail”.

    Meanwhile in Germany, the parties in the most likely incoming coalition government hardly engaged with climate policy during the recent election campaign – and the far-right Alternative für Deutschland (AfD), which openly denies human-made climate change, received 20% of the vote.

    With political leaders around the world moving away from progressive climate policy, it’s worth asking: is this what the public wants?

    When it comes to the climate, what people think is influenced by where they live and what else they believe in. In recently published research, we sought to find out just how much people’s ideologies affected their views on climate policy.

    We surveyed representative samples of the public in six countries about their attitudes towards different types of climate policy. We asked about support for regulation (for example, building and vehicle standards or product bans), taxes (like carbon taxes), subsidies (to promote low-carbon alternatives), and information-based policies (such as emission disclosure requirements). Our survey covered policies in transport, housing, energy and industry.

    We also asked respondents about their ideologies: cultural worldviews, personal values, free market beliefs and political trust. Our findings reveal how people’s ideologies shape their support for climate policies.

    We included three high-income countries of the global north (the US, UK and Germany) and three upper-middle income countries from the global south (Brazil, South Africa and China). Together, these six countries are responsible for half of global CO₂ emissions.

    Our definition of global south, which includes countries such as China, is based on work by UN Trade and Development and the UN G-77 countries. It includes Africa, Latin America and the Caribbean, most of Asia (excluding Israel, Japan and South Korea) and Oceania (excluding Australia and New Zealand). These countries generally have lower per capita income and are considered “developing” compared to global north countries.

    This comparison is important because, as we will explain, political and economic ideologies that originated in the global north can influence how people view climate policies.

    Across all policy types, we found more support for climate policies in the global south countries. In the global north countries, we found only minority support for regulatory policies and climate-related taxes. In Germany, support for regulatory policies and taxes was as little as 18%.

    Subsidies for the four sectors – for example, to support renewable energy projects or the production of green steel – received 35% support in Germany and 48% in the US. In contrast, the majority of the public in the three countries of the global south supported subsidies and regulatory climate policies.

    As with subsidies, we found strong majority support for information-based policies in the three countries of the global south (74-79%), against only minority support in Germany (36%) and the US (49%). In the UK, 53% supported information-based climate policies.

    Personal values play a role in support for the policies. Our findings show people with stronger biospheric values – the importance people place on the environment and the relationship between humans and nature – are more supportive of climate policies. This is true irrespective of the country they live in. People who are more trusting of political institutions and politicians also support these policies more.

    But demographics such as age, gender, education or income have a negligible effect on attitudes towards these policies, when accounting for other factors in our analysis.

    Neoliberalism and the climate

    We observed a strong link between a neoliberal worldview and lack of support for the climate policies in our study. As a political economic project, neoliberalism originated in the global north. But it continues to take root in the global south, particularly in Latin America.

    The belief that individuals need to take care of themselves and are responsible for their own fortune and problems was associated with less support for climate policies. And in every country we studied, we found a strong relationship between support for the free market and lack of support for climate policies.

    People who believe the free market is best at allocating outcomes efficiently and meeting human needs without government interference, and that it is more important than some local environmental concerns, show less support for the climate policies.

    These two sets of beliefs – individualistic worldviews and support for the free market – are the core principles of neoliberal thought.

    In the Global North countries, we found only only minority support for regulatory policies and climate-related taxes.
    Fotogrin/Shutterstock

    The superiority of the market over governments as an efficient and fair allocation machine has been the mantra of neoliberal politicians, thinktanks and institutions for more than half a century.

    Neoliberalism opposes government regulation and spending, and supports the free market. It also fosters an individualistic worldview. Instead of seeing themselves as workers, citizens or members of a collective, people are persuaded to internalise market logic – to see themselves as individuals who are out to maximise their personal profit.

    The cultural shift from more communitarian and egalitarian ideals towards an ideology based on the self-driven individual and the free market has been quite successful. Empirical evidence from 41 countries shows that individualist practices and values around the world have surged significantly over the past 50 years.

    We know from research that what the public thinks (or votes for) does influence what governments do. This is true even when accounting for the influence of powerful interest groups.

    So, those creating and campaigning for urgently needed climate policies need to take this into account. Support for climate policies isn’t just about whether someone believes in human-made climate change or cares about the planet – there are deeply-rooted ideological factors at play too.

    Felix Schulz receives funding from Formas, a Swedish research council for sustainable development and the Hans-Böckler-Foundation.

    Christian Bretter 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. People with neoliberal views are less likely to support climate-friendly policies – new research – https://theconversation.com/people-with-neoliberal-views-are-less-likely-to-support-climate-friendly-policies-new-research-253478

    MIL OSI – Global Reports –

  • MIL-OSI USA: Congressman Morgan McGarvey Introduces American Sovereign Wealth Fund Exploration Act of 2025

    Source: United States House of Representatives – Congressman Morgan McGarvey (Kentucky-03)

    April 30, 2025

    Congressman Morgan McGarvey (KY-03) introduced the American Sovereign Wealth Fund Exploration Act of 2025 today, which would create a 25-member commission to study and report on the “feasibility, considerations, limitations, and implications of creating and operating a sovereign wealth fund of the United States.” To provide independence, the commission would be hosted by the Federal Reserve and be composed of members from the Federal Reserve System, Treasury Department, Securities and Exchange Commission, Commerce Department, U.S. Trade Representative, and academics and experts.

    Last year, Congressman McGarvey introduced a similar bill, which was the first legislation ever introduced in Congress explicitly researching the feasibility of an American sovereign wealth fund.

    “To solve today’s problems, we must be bold. An American sovereign wealth fund, with proper congressional authorization and oversight and political independence, could dramatically improve the lives of working families across our country, including helping fund universal child care, an expanded Child Tax Credit, or even universal health care,” said Congressman McGarvey. “If we are going to do this, we have to do it right – and we have to do it through Congress. We must ensure a sovereign wealth fund is used to help working families and is not just a slush fund for billionaires.”

    BACKGROUND:

    General

    • The American Sovereign Wealth Fund Exploration Act of 2025 is built on the premise that a sovereign wealth fund (SWF) is neither good nor bad, it’s a tool.

    • The bill prioritizes objective analysis, political independence, and strong ethics requirements, including requiring the 25-member commission to consult the Santiago Principles – best practices for open, ethical, and transparent SWFs – when drafting their report.

    • The commission would have two years to develop a report to Congress on their findings and recommendations for legislative action.

    • To provide independence, the bill explicitly requires that the commission is housed within the independent Federal Reserve System.

    The McGarvey Commission

    The bill creates a 25-person commission comprising of:

    • 6 representatives from the Board of Governors of the Federal Reserve System or a Federal reserve bank.

    • 3 representatives from the Department of the Treasury.

    • 3 representatives from the Securities and Exchange Commission.

    • 2 representatives from the Department of Commerce.

    • 1 representative from the Office of the U.S. Trade Representative.

    • 10 representatives from academia or experts in the fields of economics, monetary policy, fiscal policy, investment policy, industrial policy, or other aspects involving sovereign wealth funds, appointed by the Chair of the Federal Reserve.

    Sovereign Wealth Funds in Other Developed Nations

    According to the International Forum of Sovereign Wealth Funds, over $9 trillion in assets are managed by over 100 SWFs globally, such as: 

    State-Level Funds in the U.S.

    According to the Sovereign Wealth Fund Institute, 14 U.S. states have SWFs:

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    MIL OSI USA News –