Category: housing

  • MIL-OSI USA: Hartford Mayor Arunan Arulampalam to Speak at UConn Law 2025 Commencement

    Source: US State of Connecticut

    Arunan Arulampalam, mayor of the City of Hartford, will deliver the commencement address as the UConn School of Law celebrates the Class of 2025 on Sunday, May 18.

    “It is an honor to have Mayor Arulampalam, a leader who has tirelessly worked to revitalize Hartford, as our commencement speaker,” Dean Eboni S. Nelson says. “Many of this year’s graduates have provided legal services to underserved individuals in Hartford through our clinics and pro bono programs, making them key partners in the vital work being done to strengthen our local community. Considering the mayor’s distinguished career of service and advancing justice, his personal and professional journeys will serve as tremendous inspiration for our graduates as they begin their legal careers.”

    The son of Sri Lankan refugees, Arulampalam was born in Zimbabwe and made a home and a family in Hartford after graduate school. Prior to being elected mayor in November 2023, he served as CEO of the Hartford Land Bank, where he developed a first-in-the-nation program to train Hartford residents to become local developers and tackle blight in their city.

    Arulampalam served in Governor Ned Lamont’s administration as Deputy Commissioner of the Connecticut Department of Consumer Protection. Before that, he was a lawyer at the downtown firm Updike, Kelly & Spellacy, P.C. Arulampalam also served on the Board of the Hartford Public Library, the House of Bread, and on the Hartford Redevelopment Authority. He earned his BA in International Studies from Emory University and his JD from Quinnipiac University School of Law.

    “It is an incredible honor to join the UConn School of Law community and celebrate the Class of 2025,” Arulampalam says.  “These graduates represent the future of justice and advocacy, and their commitment to serving others, particularly through their work in Hartford, inspires hope for a stronger, more equitable society. As they embark on this next chapter, I am confident they will continue to make a profound impact on our city, our state, and beyond.”

    The University of Connecticut School of Law will hold its 102nd commencement on Sunday, May 18, 2025, at 10 a.m. on the law school campus. The Class of 2025 includes nearly 200 graduates receiving JDs, LLMs, and SJD degrees. For more information, please visit our commencement site.

    MIL OSI USA News

  • MIL-OSI Security: Georgia Man Sentenced to Over Four Years in Prison for Bank Fraud and Aggravated Identity Theft

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

    BILLINGS – An Atlanta, Georgia man who defrauded banks in multiple states was sentenced today to 57 months in prison to be followed by 5 years supervised release, U.S. Attorney Kurt Alme said.  The defendant was also ordered to pay $161,401.17 in restitution.

    Stanford Wilvin Lightfoot, 33, pleaded guilty in November 2024 to bank fraud and aggravated identity theft.

    U.S. District Judge Susan P. Watters presided.

    The government alleged in court documents that for approximately 5 months in 2023, Stanford Lightfoot was a member of a large fraud ring that had been defrauding banks in Montana, Maine and Missouri.  In each location, Lightfoot and other coconspirators would travel to the state from the base of operations in Atlanta, Georgia.  Once there, they would recruit local homeless individuals who possessed valid ID cards.  They would then take these homeless individuals to local banks and provide them with fraudulent checks from real accounts.  These checks all possessed forged signatures of real people and were, therefore, means of identification.  The homeless individuals would then attempt to cash the checks and, if successful, would provide the money to Lightfoot and his coconspirators.  If the homeless individuals were caught by police, they would be abandoned to take the blame.  In Montana, Lightfoot hit multiple banks in Belgrade, Bozeman, and Livingston utilizing local homeless individuals to forge checks in excess of $20,000.

    The U.S. Attorney’s Office prosecuted the case and the investigation was conducted by the FBI, Livingston Police Department, Belgrade Police Department, and Bozeman Police Department.

    XXX

    MIL Security OSI

  • MIL-OSI: Triller Group Engage South Florida Investors at Exclusive Mar-a-Lago Event

    Source: GlobeNewswire (MIL-OSI)

    Sharing the Vision on a Once-in-a-Lifetime Opportunity

    Palm Beach, FL, April 09, 2025 (GLOBE NEWSWIRE) — Triller Group Inc. (Nasdaq: ILLR) (“Triller” or “the Company”) successfully concluded a landmark exclusive dinner at President Donald J. Trump’s prestigious Mar-a-Lago Club in Palm Beach, Florida. Over 100 distinguished South Florida investors gathered to discuss and delve into Triller’s ambitious strategic vision and remarkable recent progress.

    The exclusive event was led by Triller Group CEO Wing Fai Ng and CFO Mark Carbeck. Meetings with investors took place at the iconic private residence of President Donald J. Trump, adding to the exclusivity of the event.

    “We were truly honored to showcase Triller and the significant progress we have made in the last several months at the Mar-a-Lago Club,” said Wing Fai Ng, CEO of Triller Group. “I extend my heartfelt gratitude to the more than 100 investors again for taking the time last week to learn more about Triller and our unique vision for innovation in the digital and creator-driven economy.”

    Florida’s Mar-a-Lago has become a place of pilgrimage for CEOs seeking to build ties with the new administration, with leaders from large global brands previously engaging there with investors and key stakeholders.

    The White House recently announced that 104% tariffs on China will take effect soon, adding urgency to discussions around the future of the creator-driven economy. Now more than ever is a critical time for Triller to forge key relationships and explore once-in-a-lifetime opportunities as uncertainties around the future of TikTok continue to build, which may lead to an impending TikTok ban.

    About Triller Group Inc.

    (Nasdaq: ILLR) Triller Group Inc. is a technology powerhouse with a portfolio of high-growth businesses poised to break through in the Creator Economy. Triller App is the most creator-focused social platform offering discovery, monetization, and ownership. Supported by Triller Platform, it serves as a cutting-edge social media platform designed for creators, offering innovative tools for content creation, marketing, and brand partnerships. It enables creators to connect with fans, monetize their work, and build meaningful relationships with brands.

    Bare Knuckle Fighting Championship (BKFC) stages live and streaming combat sports events that are rapidly gaining popularity with fans globally. With a focus on exciting matchups and high-energy performances, BKFC has established itself as the fastest-growing combat league in the industry. TrillerTV is Triller Group’s premier live streaming platform, showcasing a diverse array of in-house and third-party sports and entertainment content. With its robust infrastructure, TrillerTV is committed to delivering high-quality live events that captivate audiences and drive subscriber growth.

    Additionally, AGBA serves as a one-stop financial supermarket, providing independent distribution of a wide range of financial products and services. By connecting consumers with essential financial solutions, AGBA enhances Triller Group’s ecosystem, making it easier for users to access the tools they need for financial success.

    Together, these diverse businesses form a unique and integrated ecosystem that positions Triller Group at the forefront of innovation in social media, live entertainment, combat sports, and financial services. For more information about our businesses, visit www.trillercorp.com and www.agba.com.

    # # #

    Investor & Media Relations:
    Bethany Lai
    ir@triller.co

    Breanne Fritcher
    triller@wachsman.com 

    Safe Harbor Statement

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the outcome of any legal proceedings that may be instituted against us following the consummation of the business combination; expectations regarding our strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and our ability to invest in growth initiatives and pursue acquisition opportunities; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in Hong Kong and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the SEC, the length and severity of the recent coronavirus outbreak, including its impacts across our business and operations. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward–looking statements to reflect events or circumstances that arise after the date hereof.

    The MIL Network

  • MIL-OSI: Gevo and Future Energy Global Sign SAF Scope 1 and Scope 3 Voluntary Carbon Credit Offtake Agreement to Accelerate Book-and-Claim Market

    Source: GlobeNewswire (MIL-OSI)

    ENGLEWOOD, Colo., April 09, 2025 (GLOBE NEWSWIRE) — Gevo, Inc. (NASDAQ: GEVO) and Future Energy Global (FEG) are pleased to announce that they have signed a pioneering offtake agreement for carbon abatement attributes, to enable airlines and other companies to reduce their CO2 emissions through Sustainable Aviation Fuel (SAF). Under the multi-year agreement, FEG will acquire from Gevo the Scope 1 and Scope 3 emissions credits from 10 million gallons per year of fuel to be produced at Gevo’s alcohol-to-jet (ATJ) SAF production facility, Gevo ATJ-60, to meet demand from FEG customers, both airlines and corporates, seeking to decarbonize their operations. The agreement also includes an option for FEG to increase the off-take at a later date.

    This agreement is expected to enable Gevo’s financing of the construction of its ATJ-60 facility. Gevo has secured a loan guarantee conditional commitment of $1.63 billion (including capitalized interest during construction) from the U.S. Department of Energy (DOE) Loan Programs Office (LPO) and is originating equity from project level capital providers. Under development in Lake Preston, South Dakota, ATJ-60 is designed to address the market need for cost-effective jet fuel while abating carbon and to respond to growing worldwide demand for SAF. Gevo’s proprietary plant design is expected to be able to produce 60 million gallons of SAF per year at similar production costs to conventional jet fuel, but with far lower carbon emissions.

    The aviation industry has targeted net-zero CO2 emissions by 2050, and SAF is expected to contribute around two thirds of the necessary emissions reduction, but to achieve this, its production quantities need to scale more than 400-fold. SAF is not yet available at all major airports worldwide so FEG provides SAF-derived Scope 1 credits to airlines who wish to buy additional SAF but who cannot easily source the physical fuel at their own airports. Similarly, when companies purchase and retire SAF-derived Scope 3 credits to compensate for their business travel emissions, they mitigate the added cost of SAF to airlines and thus enable the faster scale-up of SAF production.

    The Greenhouse Gas Protocol defines different “scopes” of responsibility for emissions. The emissions from a flight fall under an airline’s direct responsibility (i.e., Scope 1), but a company with staff flying for business on that flight is responsible for its staff’s share of the flight’s emissions (i.e., Scope 3 or indirect emissions). Separating the Scope 1 and Scope 3 attributes from the physical fuel, an approach known as “Book and Claim,” reduces fuel transportation and storage costs and carbon emissions, and unlocks a global SAF market both for airlines and for indirect aviation fuel customers around the world who are seeking to mitigate their emissions.

    “Gevo has always planned to leverage SAF market economics to scale our business, and a Book and Claim market that enables the trading of SAF environmental attributes can accelerate SAF production even faster,” says Dr. Patrick R. Gruber, CEO of Gevo. “Future Energy Global is building just such a market, spanning corporate customers, airlines, and aircraft lessors. Aircraft lessors own about half of all commercial aircraft worldwide, and Book and Claim is a critical enabler to allow them and their airline customers to adopt SAF faster.”

    “FEG’s collaboration with Gevo strongly enhances the portfolio of Book and Claim solutions we can offer our airlines, our lessors and our corporate customers,” says Natasha Mann, CEO and Co-Founder of FEG. “It’s crucial to scale SAF production, and our business model lets us unlock the capital to do so. We’re impressed with Gevo’s pipeline, which combines technology ready for today’s market and additional technologies far along in development that could increase production efficiency and accelerate the trajectory of SAF scaling.”

    FEG’s unique business model brings together investors, suppliers, and buyers to help accelerate and scale SAF production globally. FEG generates additional revenue streams by commercializing the carbon credits which SAF provides, enhancing the business case for faster production scale-up. FEG’s offtake agreement with Gevo is expected to fulfill a market need by giving buyers access to SAF credits at predictable prices, while providing financial commitments and revenue certainty that are expected to allow suppliers like Gevo to expand. FEG’s initial focus has been on aviation, though its sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

    About Gevo
    Gevo is a next-generation diversified energy company committed to fueling America’s future with cost-effective, drop-in fuels that contribute to energy security, abate carbon, and strengthen rural communities to drive economic growth. Gevo’s innovative technology can be used to make a variety of renewable products, including SAF, motor fuels, chemicals, and other materials that provide U.S.-made solutions. By investing in the backbone of rural America, Gevo’s business model includes developing, financing, and operating production facilities that create jobs and revitalize communities. Gevo owns and operates one of the largest dairy-based renewable natural gas (“RNG”) facilities in the United States, turning by-products into clean, reliable energy. We also operate an ethanol plant with an adjacent carbon capture and sequestration (“CCS”) facility, further solidifying America’s leadership in energy innovation. Additionally, Gevo owns the world’s first production facility for specialty ATJ fuels and chemicals. Gevo’s market-driven “pay for performance” approach regarding carbon and other sustainability attributes, helps ensure value is delivered to our local economy. Through its Verity subsidiary, Gevo provides transparency, accountability, and efficiency in tracking, measuring and verifying various attributes throughout the supply chain. By strengthening rural economies, Gevo is working to secure a self-sufficient future and to make sure value is brought to the market.

    For more information, see www.gevo.com.

    About Future Energy Global
    Future Energy Global, headquartered in Dublin, Ireland and with staff in Europe and North America, is a pioneering SAF market accelerator.

    Through its innovative SAF pre-purchasing ecosystem, Future Energy Global accelerates the flow of capital into the SAF industry, operating at the intersection of investors, suppliers, and buyers, and bringing benefits to all parties, and ultimately also to the environment. FEG’s activities are guided by three core values: visionary independence, collaborative energy and sustainable ethos.

    FEG’s initial focus has been on aviation, though our sustainable-fuel credit solutions span the transport spectrum, including marine and land transport.

    Future Energy Global is backed by Aviation Partners, the world leader in advanced winglet technology which has already saved more than 140 million tons of aviation CO2 emissions.

    For more information, see fe.global

    About Book and Claim
    Book and Claim is a well-established structure for accounting for environmental attributes and has been in use for many years in markets such as renewable electricity generation, where individual electrons cannot be tracked through the grid. Book and Claim systems overcome this challenge by allowing renewable electricity providers to “book” the electricity they supply to the grid, while customers can “claim” the renewable electricity they have bought, whether or not they physically receive the renewable electrons. Book and Claim systems, whether in renewable electricity or in SAF, rely on robust tracking and accounting procedures to ensure that environmental credits are counted only once.

    Forward Looking Statements
    Certain statements in this press release may constitute “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements relate to a variety of matters, including, without limitation, Future Energy Global and its business system, Gevo’s ATJ-60 project and the financing thereof, the markets for SAF and associated environmental attributes, and other statements that are not purely statements of historical fact. These forward-looking statements are made based on the current beliefs, expectations, and assumptions of the management of Gevo and are subject to significant risks and uncertainty. Investors are cautioned not to place undue reliance on any such forward-looking statements. All such forward-looking statements speak only as of the date they are made, and Gevo undertakes no obligation to update or revise these statements, whether as a result of new information, future events or otherwise. Although Gevo believes that the expectations reflected in these forward-looking statements are reasonable, these statements involve many risks and uncertainties that may cause actual results to differ materially from what may be expressed or implied in these forward-looking statements. For a further discussion of risks and uncertainties that could cause actual results to differ from those expressed in these forward-looking statements, as well as risks relating to the business of Gevo in general, see the risk disclosures in the Annual Report on Form 10-K of Gevo for the year ended December 31, 2024 and in subsequent reports on Forms 10-Q and 8-K and other filings made with the U.S. Securities and Exchange Commission by Gevo.

    Media Contact
    Heather L. Manuel
    VP, Stakeholder Engagement & Partnerships
    PR@gevo.com

    IR Contact
    Eric Frey
    VP, Corporate Development
    IR@Gevo.com

    The MIL Network

  • MIL-OSI: XA Investments Launches Interval Fund Index Providing Greater Transparency to the Marketplace

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, April 09, 2025 (GLOBE NEWSWIRE) — XA Investments LLC (“XAI”), a leader in closed-end interval and tender offer fund research, announced the launch of the new XAI Interval Fund Index (“INTVL”). A total return index, INTVL tracks interval/tender offer funds registered under the Investment Company Act of 1940, with over $100 million in net assets.

    At the end of March 2025, the Index’s 77 constituents combined for more than $103 billion in total net assets, or roughly 60% of the net asset value for the entire interval and tender offer fund market. The Index has a January 2023 base date with two years of historical performance.

    “The XAI Interval Fund Index will give asset managers and financial advisors an unprecedented level of clarity in a market that has been notoriously difficult to track,” stated Kim Flynn, President of XA Investments. “By applying our in-house research, proprietary data, and rigorous methodology, XA Investments has been able to create the first index tracking the interval and tender offer fund market,” Flynn added.

    INTVL marks a shift in evaluating funds and continuing advancement for asset managers, financial advisors, and individual investors. The index offers market insights through daily intelligence to monitor and track the interval and tender offer fund market. Designed to act as a barometer for the interval and tender offer fund market, the XAI Interval Fund Index makes essential market insights possible.

    “The introduction of the XAI Interval Fund Index is another example of XA Investment’s leadership in providing the closed-end interval and tender offer marketplace with the innovative research and data needed to solidify investor interest in this burgeoning investment option,” said Philip Hasbrouck, senior managing director, Cliffwater. “The team at Cliffwater expects it will quickly find acceptance as a valuable tool by asset managers, Registered Investment Advisors (RIAs) and individual investors alike.”

    INTVL has a diverse mix of interval funds with varying investment strategies across seven different asset classes including credit, real estate/real assets, hedge funds, specialty, multi-asset, tax-free bonds and venture/private equity. The Index currently has 77 constituents which includes interval and tender offer funds with a daily or weekly net asset value that meet a minimum asset threshold. The Index is calculated daily and rebalanced quarterly. Indxx, Inc. serves as the index calculation agent.

    For more information on the XAI Interval Fund Index, please visit https://xainvestments.com/intvl. If you would like to license the Index, or have any questions, please contact info@xainvestments.com or 888-903-3358. The XAI Interval Fund Index is available on Bloomberg under the ticker INTVL.

    About XA Investments

    XA Investments LLC (“XAI”) is a Chicago-based firm founded by XMS Capital Partners in 2016. XAI serves as the investment adviser for two listed closed-end funds and an interval closed-end fund, respectively the XAI Octagon Floating Rate & Alternative Income Trust (NYSE: XFLT), the XAI Madison Equity Premium Income Fund (NYSE: MCN), and the Octagon XAI CLO Income Fund (OCTIX). In addition to investment advisory services, the firm also provides investment fund structuring and consulting services focused on registered closed-end funds to meet institutional client needs. XAI offers custom product build and consulting services, including product development and market research, marketing and fund management. XAI believes that the investing public can benefit from new vehicles to access a broad range of alternative investment strategies and managers. For more information, please visit www.xainvestments.com.

    Media Contact:

    Joanna Sowa

    jsowa@xainvestments.com

    312 374 6938

    The MIL Network

  • MIL-OSI: Insights from Rate Insurance: 2025 Home Insurance Trends

    Source: GlobeNewswire (MIL-OSI)

    SCHAUMBURG, Ill., April 09, 2025 (GLOBE NEWSWIRE) — Rate Insurance, LLC, a subsidiary of Rate and one of the fastest-growing national personal lines and small commercial insurance brokers, has released its 2025 Home Insurance Trends Report. The report offers a data-driven look into the state of home insurance in the U.S., providing homeowners and industry professionals with a clearer understanding of current cost pressures and evolving market dynamics.

    Using proprietary customer data collected over the past six years, Rate Insurance analyzed nearly 70,000 active home insurance policies across all 50 states. The report draws from policies placed with more than 70 different carriers, offering a robust snapshot of national trends.

    Findings include significant premium increases, shifting deductible patterns, and state-specific developments impacting coverage costs and availability. The report also includes claims analysis and strategic recommendations to help homeowners manage rising insurance expenses and make informed decisions in 2025.

    “Insurance costs are climbing, but that doesn’t mean customers are powerless,” said Jeff Wingate, President of Rate Insurance. “This report is designed to demystify what’s driving those increases and give homeowners practical ways to keep their policies both affordable and effective—whether adjusting deductibles, bundling coverage, or shopping across carriers.”

    The full 2025 Home Insurance Trends Report is available here.

    About Rate Insurance

    Rate Insurance is a national insurance brokerage licensed in all 50 states that offers comprehensive personal, commercial, specialty, and life insurance products. Founded in 2008 and owned by Guaranteed Rate d/b/a Rate, operating as Guaranteed Rate, Inc. in New York, the second-largest retail mortgage lender in the country, Rate Insurance has been recognized as a Top 50 Personal Lines Agency and a Top 100 Property & Casualty Agency in the U.S. Additionally, the company has been honored as the 2023 Agent for the Future, Outstanding Overall Agency Award winner.

    Rate Insurance has built a reputation for exceptional customer service, as demonstrated by its 4.9-star rating from over 3.5k Google-verified reviews. Combining a growing team of insurance agents and a cutting-edge digital platform, Rate Insurance leverages its relationships with over 100 top-rated insurance carriers to provide customers with competitive rates and a personalized shopping experience. For more information, visit rate.com/insurance.

    © Rate Insurance, LLC is licensed in all 50 states (d/b/a Rate Insurance Agency, LLC in California (License 0K09890), Michigan, Minnesota, North Dakota, New York, and Texas).

    Media Contact

    press@rate.com

    The MIL Network

  • MIL-OSI: Community Bankshares Inc. Reports Over $69 Million in Government Guaranteed Lending in Q1 Across 14 States

    Source: GlobeNewswire (MIL-OSI)

    LAGRANGE, Ga., April 09, 2025 (GLOBE NEWSWIRE) — Community Bankshares, Inc., the holding company of Phoenix Lender Services, Thomas Financial Group, and Community Bank & Trust, announced today the successful deployment of over $69 million in Small Business Administration (SBA) and United States Department of Agriculture (USDA) backed loans through the end of Q1 2025. The financing activity spans 14 states, reflecting the company’s growing national presence and commitment to delivering critical capital to underserved and rural communities.

    Together, the loans will help create over 400 new jobs and retain more than 350 while enabling key infrastructure expansion, debt refinancing, and facility upgrades for small to mid-sized businesses.

    The lending activity included 17 SBA loans totaling over $23 million, funded by Community Bank & Trust, with origination, underwriting, and closing assisted by Phoenix Lender Services and Thomas Financial Group through their Lender Service Provider (LSP) relationship. Furthermore, Phoenix Lender Services helped to originate, underwrite, and close another $46.7 million in USDA-backed loans.

    “This is exactly the type of impact we built Phoenix Lender Services to deliver,” said Chris Hurn, President of Community Bankshares and President & CEO of Phoenix Lender Services. “We are proud to empower community banks with the tools and expertise they need to deliver transformative capital into rural, urban, and working-class communities — especially when it strengthens supply chains, creates jobs, and preserves family-run businesses.”

    Phoenix Lender Services serves as the Lender Service Provider (LSP) on SBA, USDA, and commercial loans, overseeing eligibility, origination, underwriting, packaging, closing, compliance, and servicing to ensure a seamless borrower and lender experience.

    “Phoenix Lender Services was instrumental in helping us deploy this capital efficiently and effectively,” said Steve Jefferies, President & CEO of Community Bank & Trust. “They bring unmatched knowledge of SBA and USDA lending, and our partnership allows us to expand our reach and serve more businesses across our communities nationwide.”

    Their growing national presence included financing business owners in Alabama, Alaska, Arizona, California, Florida, Georgia, Kentucky, Michigan, Missouri, North Carolina, New York, Ohio, Tennessee, Texas, South Carolina, and Wisconsin — and spans industries such as food logistics, manufacturing, healthcare, petroleum, distribution and specialty retail.

    “Securing a loan through Community Bank & Trust, with the support of Phoenix Lender Services, made it possible for us to acquire Firm Foundations Framing—marking a pivotal moment in our journey,” said Ed Black, President of Firm Foundations Framing. “As a construction company building between 750 and 1,000 homes annually across Georgia, this acquisition enables us to retain and grow a business that directly impacts hundreds of lives. More importantly, it fulfills a lifelong dream of business ownership and lays the groundwork for continued growth and opportunity within our communities.”

    “This isn’t our first time working with Thomas Financial Group—and for good reason. We wouldn’t be where we are today without their support,” said Kevin Durling, President of Petroleum Equipment & Services, Inc. “The company’s expertise and understanding of the USDA process are unmatched.”

    About Community Bankshares, Inc. (CBI)
    Community Bankshares, Inc., is a dynamic bank holding company revolutionizing the financial landscape through its support for America’s small and mid-sized businesses. As a mission-focused company, CBI is redefining how lending capital is provided across the nation and its territories in ways that promote business stability and encourage local area prosperity. In doing so, CBI fosters economic growth, job creation and retention, and community strength.

    About Phoenix Lender Services (PHX)
    Based in Georgia and serving clients nationwide, Phoenix Lender Services offers a comprehensive suite of commercial lending solutions, including loan originating, underwriting, closing, and servicing; participant lender matching (USDA); secondary market sales; portfolio management; risk analysis; and compliance reviews and regulatory support. PHX’s seasoned professionals combine extensive industry expertise in SBA and USDA government-guaranteed lending (over 700 combined years) with industry-leading technologies to deliver tailored solutions that align with each client’s unique strategic goals. PHX is a wholly owned subsidiary of CBI.

    About Thomas Financial Group (TFG) 
    Thomas Financial Group, located in Atlanta, Georgia, is a nationally recognized leader in providing innovative and comprehensive commercial lending solutions tailored to meet the unique needs of rural and underserved communities across America. With over 40 years of experience in originating and packaging loans within the USDA and SBA government-guaranteed lending space, TFG’s highly capable team helps clients successfully navigate even the most complex financing scenarios to meet the needs of our nation’s businesses. TFG is a wholly owned subsidiary of CBI.

    About Community Bank & Trust (CB&T)
    Community Bank & Trust, a subsidiary of Community Bankshares Inc., is a trusted financial institution dedicated to serving individuals, families, and businesses across its service area and nationwide. Headquartered in LaGrange, GA, CB&T is committed to leveraging its rural roots to empower local consumers and commercial entities, as well as underserved groups and communities, with a broad slate of accessible, personalized banking solutions while also reaching a diverse and growing nationwide audience.

    MEDIA CONTACT

    Hannah Williams
    Uproar PR by Moburst for Community Bank Shares, Inc.
    hannah.williams@moburst.com

    The MIL Network

  • MIL-OSI: Fusion Fuel Signs Non-Binding Letter of Intent to Acquire British Fuel Distribution Company

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ireland, April 09, 2025 (GLOBE NEWSWIRE) — via IBN – Fusion Fuel Green PLC (Nasdaq: HTOO) (“Fusion Fuel” or the “Company”), a leading provider of full-service energy engineering and advisory solutions, today announced that it has signed a non-binding letter of intent (“LOI”) to acquire 100% of a privately held British fuel distribution company (the “Target”).

    In the proposed acquisition, the Company will purchase 100% of the outstanding shares of the Target from its shareholders for total consideration valued at £50 million, consisting of £25 million in cash funded through debt financing, £2 million in cash financed from a capital raise, £8 million in the Company’s shares subject to a make-whole agreement, and two additional payments of £7.5 million cash each within nine months and 18 months from the closing.

    The Target reported over $50 million in revenue and $4 million in net income for the year ending in 2023 and delivered strong growth in 2024, generating over $54 million in revenue and $7 million in net income. The transaction, if consummated, would mark a significant expansion of Fusion Fuel’s presence in the energy distribution sector, aligning with the Company’s broader strategic objectives.

    John-Paul Backwell, Chief Executive Officer of Fusion Fuel, commented: “This proposed transaction reflects our progress in executing our growth strategy, which began with our acquisition of Quality Industrial Corp. late last year. Our short-term priority is to build a synergistic portfolio of profitable and cash-generating businesses across the energy value chain. In addition to significantly increased revenues and profitability, acquiring this United Kingdom-based fuel distribution company would enable us to expand our footprint in the energy distribution space while also broadening our geographic presence into a key new market.”

    The LOI is non-binding, and consummation of the transaction remains subject to further due diligence, the negotiation of definitive agreements, and the satisfaction of customary closing conditions, including regulatory approvals. The Company expects to provide further updates as discussions progress.

    About Fusion Fuel Green PLC

    Fusion Fuel Green PLC (NASDAQ: HTOO) is an emerging leader in the energy services sector, offering a comprehensive suite of energy supply, distribution, and engineering and advisory solutions through its Al Shola Gas and BrightHy brands. Al Shola Gas provides full-service industrial gas solutions, including the design, supply, and maintenance of liquefied petroleum gas (LPG) systems, as well as the transport and distribution of LPG to a broad range of customers across commercial, industrial, and residential sectors. BrightHy, the Company’s newly launched hydrogen solutions platform, focuses on delivering innovative engineering and advisory services that enable decarbonization across hard-to-abate industries.

    Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu and following us on LinkedIn.

    Forward-Looking Statements

    This press release includes “forward-looking statements.” Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target”, “may”, “intend”, “predict”, “should”, “would”, “predict”, “potential”, “seem”, “future”, “outlook” or other similar expressions (or negative versions of such words or expressions) that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Fusion Fuel has based these forward-looking statements largely on its current expectations, including but not limited the ability of the investment reported on to be consummated as anticipated. Such forward-looking statements are subject to risks and uncertainties, including without limitation, the Company’s ability to enter into a definitive share purchase agreement with the shareholders of the Target, the ability of the parties to complete their due diligence and all other closing conditions, the Company’s ability to complete the proposed acquisition and integrate the Target’s business, obtain all necessary regulatory and other consents and approvals in connection with the transaction, andthose set forth in Fusion Fuel’s Annual Report on Form 20-F for the year ended December 31, 2023, filed with the Securities and Exchange Commission on April 30, 2024, which could cause actual results to differ from the forward-looking statements.

    Investor Relations Contact

    ir@fusion-fuel.eu

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network

  • MIL-OSI Global: Colorado’s early childhood education workers face burnout and health disparities, but a wellness campaign could help

    Source: The Conversation – USA – By Jini Puma, Clinical Associate Professor of Public Health, University of Colorado Anschutz Medical Campus

    Early childhood education workers face high stress and burnout. FatCamera/GettyImages

    A lot of research has been done on the outcomes of young children who receive care in early education programs across the country. High-quality early childhood education programs positively shape young children’s development. Far less research has focused on the early childhood workforce that powers these programs.

    We set out to better understand how to support workers who care for our youngest and most vulnerable children.

    Workers who provide care for children under 5, such as teachers, administrative leaders and support staff, play a pivotal role in shaping the next generation. But research suggests they are underpaid, overburdened and have limited resources.

    For example, in Colorado, about 46% of the early education workforce receives public assistance, such as the Supplemental Nutrition Assistance Program benefits and Medicaid. These workers earn a median hourly pay of $18.50.

    Across the country, between 43% of child care workers receive public assistance.

    Additionally, teaching in early childhood settings takes a toll. According to the National Commission on Teaching and America’s Future, nearly half of early childhood education teachers report high levels of daily stress during the school year, compared with approximately 25% of U.S. workers.

    Stressed-out teachers impact children, too. Poor well-being in early childhood teachers can reduce child care quality. This may lead to poor social-emotional development and increased behavioral issues in young children.

    Research shows that chronic underfunding of early childhood education programs, coupled with the inherent stressors of the job, leads to burnout and turnover.

    We are clinical associate and research assistant professors of public health at the Colorado School of Public Health. We have researched the early childhood education community in Colorado for more than 15 years. Our team is currently one of six federally funded national research teams investigating the well-being of this workforce and creating strategies to prevent burnout and turnover.

    Mental and physical stress

    There are many causes of health disparities within the early childhood education workforce. The job involves managing children’s challenging behaviors, working 9-12 hours a day, sitting in child-sized furniture, taking few breaks – and having a lack of support from co-workers and supervisors.

    In St. Paul, Minn., organizers at a rally call for more public funding for both child care costs and pay increases for teachers.
    Michael Siluk/UCG/Universal Images Group via Getty Images

    Researchers have found that early childhood educators in the U.S. experience higher rates of chronic health conditions as compared with national samples of workers with comparable income, education and other characteristics. These conditions include severe headaches, lower back pain, obesity and diabetes, as well as mental health conditions, including depression.

    Past studies, including our own, suggest that poor psychological and physical well-being may be particularly pronounced among early childhood education staff employed in Head Start settings. Head Start is the largest federally funded early childhood education program in the U.S. It often provides care for young children living in poverty.

    Head Start teachers report depression rates ranging between 25% and 32%, compared with the national average of 18% among the U.S. workforce.

    Urban and rural teachers in Colorado

    The well-being of early childhood educators also varies by where they live.

    In our recent work, we explored differences in job-related demands and resources among 332 Head Start staff in rural and urban areas in Colorado.

    A higher percentage of our rural sample in southeast Colorado reported lower family incomes and lower levels of education. This would suggest that early childhood education staff in rural settings may experience higher levels of stress because of increased economic hardships.

    However, on average, our rural sample had a lower level of emotional exhaustion, which is a key indicator of burnout, than our urban sample.

    Rural settings tend to foster close-knit relationships, strong social support networks and a slower-paced work environment than urban settings. These social situations could be why workers in rural areas report lower levels of emotional exhaustion. Alternatively, in urban settings, educators may experience larger class sizes and more stringent licensing and training standards, which could translate to increased stress.

    While workers in urban settings face higher rates of burnout, we also found that they had higher levels of hope, optimism, self-efficacy and resilience than those of rural child care workers. These positive feelings helped to decrease the effects of their high-stress work environments.

    Our findings suggest a need to improve the work environment and provide caregivers with healthy coping strategies – especially urban Head Start staff.

    The WELL program

    To address the workplace needs we identified, we launched the Well-Being of the ECE Workforce in Low-Resourced Locations program, or WELL program. The program looks at workplace policies, culture and safety, plus a person’s health status, home life and community, to create a program that supports an individual’s well-being at work.

    We partnered with five Head Start agencies to test Head Start well-being programs.

    The Head Start staff we worked with across Colorado identified mindfulness, coping strategies and sleep as areas of need. We tailored WELL in response to their requests. WELL provides workplace training and supports related to these topics, texts weekly tips and strategies to promote well-being, and even helps sites design a relaxation lounge as a place for staff to unwind.

    Our preliminary findings suggest that the majority of staff were satisfied with the WELL program, and participants reported increased confidence in practicing behaviors that promote their well-being, like mindfulness.

    “[The WELL program] has helped me within the classroom, too,” said one study participant. “So when you’re like, ‘Oh, my gosh! This child’s driving me crazy. I can’t deal with it!’ it’s like, ‘Just take a step back. It’s OK to take a break and ask somebody for help.’”

    We also found that 77% felt that their early childhood education center supported participation in WELL. These findings, while preliminary, highlight the likelihood of this program to be successfully implemented in other early childhood education centers in Colorado.

    Read more of our stories about Colorado.

    Jini Puma receives funding from the Administration for Children and Families.

    Charlotte Farewell receives funding from the Administration for Children and Families.

    ref. Colorado’s early childhood education workers face burnout and health disparities, but a wellness campaign could help – https://theconversation.com/colorados-early-childhood-education-workers-face-burnout-and-health-disparities-but-a-wellness-campaign-could-help-250880

    MIL OSI – Global Reports

  • MIL-OSI Global: Americans die earlier at all wealth levels, even if wealth buys more years of life in the US than in Europe

    Source: The Conversation – USA – By Sara Machado, Research Scientist in Health Economics, Brown University

    Wealth can buy health – but only to a point. marekuliasz/iStock via Getty Images Plus

    Americans at all wealth levels are more likely to die sooner than their European counterparts, with even the richest U.S. citizens living shorter lives than northern and western Europeans. That is the key finding of our new study, published in the New England Journal of Medicine.

    We also found that while the wealthiest Americans live longer than the poorest, the wealth-mortality gap in the U.S. is far more pronounced than in Europe.

    We are a team of health policy researchers who study health systems and how their performance compares across countries.

    We analyzed survey data from 73,838 adults ages 50 to 85 across the United States and 16 European countries over a 12-year period and compared how long people across the wealth spectrum lived during the course of our study. The 16 European countries are grouped into European regions: northern and western, southern and eastern Europe.

    Our research revealed that people in the wealthiest 25% of the study population across the U.S. and Europe were 40% less likely to die during the study period than the poorest quarter of people. The wealthiest 25% of people in northern and western Europe had mortality rates that were about 35% lower than participants in the wealthiest quartile in the U.S. For those from southern Europe, during the study period this value ranged from 24% to 33%. For those from eastern Europe, the value ranged from 1% to 7%. The poorest individuals in the U.S. appear to have the worst survival, including when compared with the poorest quarter of people in each European region.

    Why it matters

    Wealth inequality has been rising for decades, but more so in the U.S. than in Europe due to a widening gap between the wealth of the richest and the poorest. At the same time, despite spending significantly more on health care than other wealthy nations, overall, the U.S. consistently demonstrates worse health outcomes, such as higher infant mortality rates and avoidable mortality.

    Our study also reveals a wider wealth-mortality gap in the U.S. when compared with Europe. In other words, personal wealth does buy more years of life in the U.S. than in Europe. These findings suggest that personal wealth alone is not enough to compensate for other factors that tend to affect how long people live, such as health behaviors like smoking or heavy drinking, education or social support.

    At its core, our research suggests that health outcomes are shaped by much more than just health care systems. It is likely that economic and social policies − from education and employment to housing and food security − play a crucial role in determining how long people live, including across the wealth distribution.

    European countries have found ways to reduce health disparities without dramatically increasing health spending. By distributing health-promoting resources more equally across wealth groups, these nations may have created environments where longevity is less dependent on individual wealth.

    What still isn’t known

    While our study shows clear longevity differences between Americans and Europeans across wealth levels, more work still needs to be done to determine which specific aspects of European social systems − whether health care delivery, education access, retirement security or tax policies − most effectively protect health regardless of personal wealth.

    Pinpointing exactly how these factors interact with wealth to influence health outcomes would allow researchers to identify which European policies could be most successfully adapted to improve longevity for all Americans.

    What’s next

    Looking ahead, we plan to identify which of those policy levers might be most effective in reducing mortality gaps.

    The Research Brief is a short take on interesting academic work.

    Irene N. Papanicolas receives funding from the National Institutes of Health, the Commonwealth Fund, the Health Foundation, the National Institute for Health Care Management and the World Health Organiation.

    Sara Machado 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. Americans die earlier at all wealth levels, even if wealth buys more years of life in the US than in Europe – https://theconversation.com/americans-die-earlier-at-all-wealth-levels-even-if-wealth-buys-more-years-of-life-in-the-us-than-in-europe-253620

    MIL OSI – Global Reports

  • MIL-OSI United Kingdom: Greens call for crackdown on property-hoarding tax avoiders

    Source: Scottish Greens

    The UK has become the world’s biggest destination for overseas property investors.

    Scotland must act to crack down on property-hoarding tax avoiders to tackle the housing crisis, says the Scottish Greens’ finance spokesperson Ross Greer MSP.

    Mr Greer will shortly lodge proposals in Parliament to end the tax breaks currently enjoyed by two types of companies infamous for buying up and hoarding property – open-ended investment companies and residential property holding companies. He will also propose an additional charge for overseas buyers to crack down on property speculators based in tax havens buying up homes across Scotland. The proposals will be lodged as amendments to the Housing (Scotland) Bill.

    It was recently revealed that buy-to-let housing firms have become the biggest type of business in the UK, outnumbering fast food shops by four to one. A report by the Common Wealth think tank also found that the UK has become the world’s biggest destination for overseas property investors. At the same time, a housing emergency has been declared in Scotland, with thousands of children currently homeless and in temporary accommodation.
    [1][2]

    Mr Greer said:

    “Scotland is in the grips of a housing emergency, yet we still allow homes to be bought and hoarded by overseas speculators without them even paying the same tax that anyone else would. These companies are only interested in making a profit, even if it means the property sitting empty for months or even years at first.

    “Ideally these nonsense companies should be banned from buying homes in Scotland at all, but at the very least they should face a hefty tax bill for the privilege. That should at least put some of them off. We can be a society where everyone has somewhere to call home, but that won’t happen for as long as we have a broken market, one tilted in favour of the speculators, the tax avoiders and the super-rich.”

    “Most people will never have access to the kind of tax wheezes and loopholes that these wealthy buyers have access to. My proposals would force them to either pay their fair share or make way and free up more homes for people and families who really need them.”

    Notes:

    Mr Greer’s amendments will end the exemption from Land and Buildings Transaction Tax (LBTT) currently enjoyed by two types of companies, open-ended investment companies and property holding companies. An additional amendment will apply an LBTT surcharge when the buyer of a property which will not be their primary residence is based outside of the UK.

    MIL OSI United Kingdom

  • MIL-OSI Canada: Statement by Minister Steven Guilbeault on International Day of Pink 2025

    Source: Government of Canada News

    April 9, 2025 – Gatineau, Quebec — Women and Gender Equality Canada

    The Honourable Steven Guilbeault, Minister of Canadian Culture and Identity, Parks Canada and Quebec Lieutenant, who is responsible for the Department for Women and Gender Equality, made the following statement on International Day of Pink 2025:

    “Today, the International Day of Pink has one purpose to create a more inclusive and diverse world. It is a day to recognize the great leadership and influence young people can have.

    This day began in 2007, when two Nova Scotia students demonstrated solidarity with a classmate being bullied for wearing pink clothing. They rallied their peers to also wear pink and send a powerful message: that it’s ok to be exactly who you are.

    Since then, hundreds of people have answered the call, and now, around the world, we honour this gesture of leadership every second Wednesday in April. Commemorating this annual event is an opportunity to express solidarity against bullying whether it be at school, at work, in sports, or online.

    2SLGBTQI+ communities across the country continue to be stigmatized and subjected to discrimination in many aspects of their lives, such as in the labour market, when looking for housing, and with respect to their physical and mental health and safety. According to mental health research, the majority of young people (66%) who are part of 2SLGBTQI+ communities have reported experiencing situations that have negatively impacted their mental health, whether it be to a big or small extent.

    Today, and every day, the Government of Canada recognizes that it’s necessary to provide the 2SLGBTQI+ communities – including youth – with safe spaces. Through Canada’s Action Plan on Combatting Hate, the federal government is committed to eliminating bias and harmful practices against the 2SLGBTQI+ communities.

    The Government of Canada’s actions are also guided by the Federal 2SLGBTQI+ Action Plan and aim to build a future where everyone is free to be themselves.

    A society where people are safe, valued, and empowered to reach their full potential is one where everyone thrives. Together, let’s show our support for equality by proudly wearing pink.” 

    MIL OSI Canada News

  • MIL-OSI United Kingdom: New accommodation completed for soldiers in Bicester

    Source: United Kingdom – Executive Government & Departments

    News story

    New accommodation completed for soldiers in Bicester

    A major investment programme to improve living conditions across the army estate has delivered new accommodation for soldiers at St George’s Barracks, Bicester.

    The new Single Living Accommodation block at St George’s Barracks. Crown copyright.

    The new Single Living Accommodation (SLA) block, constructed using Modern Methods of Construction (MMC), provides 72 ensuite single bed spaces, kitchen and diner facilities, utility rooms and furnished communal space for Junior Rank soldiers. The project was funded under the army’s SLA programme and delivered by the Defence Infrastructure Organisation (DIO), contracting to off-site construction specialists Reds10 and engineering consultants Arcadis. 

    The modular, sustainable SLA features solar energy harvesting, air source heat pumps and a SMART building management system, which processes data from an array of sensors and equipment to monitor energy consumption and to ensure the building runs as efficiently as possible.

    At the formal opening of the Junior Ranks block on 24 March, Brigadier Peter Quaite OBE, Head of Infrastructure Plans, Army Basing and Infrastructure said:

    As a key part of our long-term investment programme, we are embracing modern methods of construction to enable us to build faster, while providing a better standard of living space for our people and improving the sustainability of our estate. This new, energy-efficient building has been designed using soldier feedback to ensure it meets their specific needs and showcases the impressive standard of accommodation we are committed to delivering.

    Lt Col Gerard Hennigan, Bicester Garrison Commander, said:

    It is excellent to see the result of significant investment at St George’s Barracks to deliver better accommodation for our soldiers and provide modern living facilities that meet their needs. The quality of the bedrooms, common areas and kitchen areas are impressive, and we look forward to moving soldiers into their new home in the coming weeks.

    Warren Webster, DIO MPP Army Programme Director said: 

    We are delighted to have completed the latest in a series of new SLA blocks for our armed forces across the country. This new block will provide the army with fantastic homes for junior ranks at St George’s Barracks while utilising sustainability features built into the design from the outset, making the building efficient to run and comfortable to live in.

    Phil Cook, Defence Director, Reds10, said:

    We are proud to support the army’s commitment to improving service personnel accommodation with modern, high-quality, and sustainable living spaces. Through industrialised production, we have delivered a building that not only meets the needs of personnel today but also ensures long-term efficiency and environmental benefits. This project exemplifies how innovation and collaboration can enhance the living conditions of our service personnel, and we look forward to continuing our work in delivering exceptional accommodation that will transform the lived experience.

    Overall, the Army SLA Programme is investing £1.4 billion over ten years to enhance living conditions for service personnel. More than 1,000 new bed spaces are currently in construction across the estate, with six blocks due to complete this year.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Cutting edge tech introduced in social care

    Source: United Kingdom – Executive Government & Departments

    Press release

    Cutting edge tech introduced in social care

    Care leaders will be trained to use cutting-edge technology to improve patient care, free up staff time and help people live independently in their own homes

    Care leaders will be trained to use the latest cutting-edge technology to improve patient care, free up staff time and help people live independently in their own homes for longer.

    In a bid to shift adult social care from analogue to digital as part of the Plan for Change, the Health and Social Care Secretary Wes Streeting has announced a new qualification that will equip care leaders with the skills to use and rapidly deploy technology across care homes and other settings.

    The training will focus on tools which have been shown to improve the quality of care and reduce pressure on staff. This includes motion sensors that can detect and alert staff when a patient has had a fall; video telecare to allow remote appointments with doctors and carers to reduce the need to travel; and artificial intelligence which can automate routine tasks like note taking or predict when a patient might need additional care.

    Care technologies like these will help people to receive the best possible care in the community and prevent avoidable trips to the hospital, reducing pressure on the NHS.  It supports the government’s 10 Year Health Plan to make health and social care fit for the future.

    Health and Social Care Secretary Wes Streeting said:

    We will harness the full potential of cutting-edge technology to transform social care, helping people to live independently in their own homes and improving the quality of care.

    By investing in skills training for care workers, introducing a Fair Pay Agreement, and providing more opportunities for career progression, we will help retain the incredible professionals we need. 

    Our Plan for Change will make sure we have the people and the skills needed to build a National Care Service.

    Speaking at Unison’s 2025 National Health Care Conference, the Health and Social Care Secretary also outlined a series of wider measures to boost the recruitment and retention of care staff. The plans will professionalise the adult social care workforce and help staff progress in their careers, leading to better pay and recognition.

    This includes:

    • Setting up new job roles – like deputy managers, registered managers, personal assistants and a new enhanced care worker role – in recognition of increasingly complex care requirements. It will mean their skills will be recognised across the health service, so that GPs, doctors and other health professionals understand their expertise.
    • £12 million to fund courses and qualifications for carers to develop new skills, build expertise and advance in their careers.

    The boost for social care careers will support the 1.59 million strong workforce which provides vital care and support to people of all ages and with diverse, complex needs and is in recognition of the vital work they do.

    The measures come as unpaid carers’ see the biggest rise in their earnings limit since the 1970s this month, and the first ever Fair Pay Agreement for the sector continues to progress through Parliament.

    Baroness Louise Casey will soon begin her independent commission into adult social care which will look at how we recruit, retain and support the workforce as part of its focus on building a social care system fit for the future.

    Background

    Care Workforce Pathway

    • The Care Workforce Pathway is the first universal career structure for the adult social care workforce. It focuses on direct care and support roles. The second part of the Pathway includes four further role categories to continue to match the breadth of careers in adult social care.
    • The Pathway provides clear guidance for progression and development for professionals in the adult social care sector by outlining the necessary knowledge, skills, values and behaviours they will need in their work/practice. 8 It sets out how people can develop across a long-term career in adult social care with support and training; attracting people to join and remain in the sector and supporting sustainable workforce growth. 

    Level 5 Digital Leadership Qualification

    • This new qualification will ensure adult social care leaders and managers have the skills they need to adopt digital innovations and new technology to help transform the sector.
    • This supports the fundamental shift from analogue to digital in adult social care will support high quality, safe, efficient and person-centred care. This shift is dependent on the adult social care workforce feeling confident, skilled and supported to embed digital ways of working. 
    • Awarding Organisations can decide which technologies to focus on and these are included, but not limited to: smart home technologies, assistive technologies, technologies worn by staff, telecare, diagnostic tools, digital social care records, business software and AI and robotics technology. Further information can be found in the Level 5 Award in Understanding Digital Leadership in Adult Social Care Qualification Specification. 

     Publication of updated care certificate standards

    • The Care Certificate standards have been refreshed to bring the contents up to date and in line with the Level 2 Adult Social Care Certificate qualification that was launched in June 2024. 
    • The Care Certificate Standards were developed for use in England and are the recommended minimum training, supervision and assessment that staff new to care (health and adult social care) should receive as part of induction and before they start to deliver care. It provides a foundation for healthcare support and social care worker roles, ensuring that the new worker can provide a compassionate and caring service.

    International Recruitment Fund

    • Additionally, the government will also reduce reliance on overseas recruitment for social care. £12.5 million has been made available for the international recruitment fund to tackle the exploitation of international care workers. This will help find new employment for displaced overseas care workers, prioritising those already in the UK before hiring internationally.  

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom

  • MIL-OSI: Enphase Energy Expands in Europe with IQ Battery 5P with FlexPhase, Delivering Three-Phase Backup Power in Poland

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 09, 2025 (GLOBE NEWSWIRE) — Enphase Energy, Inc. (NASDAQ: ENPH), a global energy technology company and the world’s leading supplier of microinverter-based solar and battery systems, today announced the launch of its most powerful and versatile battery yet, the IQ® Battery 5P with FlexPhase, for customers in Poland. The IQ Battery 5P with FlexPhase is an all-in-one AC-coupled system that delivers reliable backup power and supports both single-phase and three-phase applications, providing superior flexibility to meet diverse home energy needs. Enphase recently launched the FlexPhase battery in Germany, Austria, Switzerland, and Luxembourg.

    The IQ Battery 5P starts at 5 kWh of capacity and multiple units can be configured to provide up to 70 kWh. Each 5 kWh battery is designed to deliver continuous power of up to 3.68 kW in single-phase configuration and 1.28 kW per phase in three-phase configuration. The new batteries can be configured to meet the needs of each homeowner, offering grid-tied support or backup power. The batteries are designed to discharge up to two times the maximum continuous power for three seconds, enabling the start-up of high-power devices without the grid when paired with the IQ® System Controller 3 INT. The IQ Battery 5P with FlexPhase comes with an industry-leading 15-year warranty in Poland.

    “We’re thrilled to bring Polish homeowners the IQ Battery 5P with FlexPhase,” said Szymon Konieczka, CEO of BTI Solar, an installer of Enphase products in Poland. “What sets this technology apart is its adaptability – the battery’s scalable architecture accommodates both single-phase and three-phase systems, letting us customize backup solutions for each home. Enphase continues to be an industry leader with innovations like this.”

    “The IQ Battery 5P with FlexPhase is a game-changer for our customers,” said Tomasz Noga, owner of iPowerInstall, an installer of Enphase products in Poland. “The ability to scale from a single 5 kWh unit to multiple units providing up to 70 kWh, while delivering robust backup power, makes it ideal for homes with varying energy needs.”

    “It’s a great time to introduce the IQ Battery 5P with FlexPhase to our customers in Poland,” said Radosław Koczwara, owner of Roka Energy, an installer of Enphase products in Poland. “With its flexible design, the IQ Battery 5P is one of the most versatile and reliable battery systems that we offer homeowners.”

    “We’re excited to bring the IQ Battery 5P with FlexPhase to Poland as demand for home energy storage continues to accelerate,” said Sabbas Daniel, senior vice president of sales at Enphase Energy. “With its compatibility for both single-phase and three-phase systems, the IQ Battery 5P is ideally suited for retrofitting the country’s large base of existing solar homes. As the market shifts toward requiring batteries, we’re proud to offer a flexible, reliable solution that helps homeowners get more value from their solar investments.”

    For more information about the IQ Battery 5P with FlexPhase in Poland, please visit the Enphase website.

    About Enphase Energy, Inc.

    Enphase Energy, a global energy technology company based in Fremont, CA, is the world’s leading supplier of microinverter-based solar and battery systems that enable people to harness the sun to make, use, save, and sell their own power — and control it all with a smart mobile app. The company revolutionized the solar industry with its microinverter-based technology and builds all-in-one solar, battery, and software solutions. Enphase has shipped approximately 80.0 million microinverters, and approximately 4.7 million Enphase-based systems have been deployed in more than 160 countries. For more information, visit https://enphase.com/.

    ©2025 Enphase Energy, Inc. All rights reserved. Enphase Energy, Enphase, the “e” logo, IQ, and certain other marks listed at https://enphase.com/trademark-usage-guidelines are trademarks or service marks of Enphase Energy, Inc. in the U.S. and other countries. Other names are for informational purposes and may be trademarks of their respective owners.

    Forward-Looking Statements

    This press release may contain forward-looking statements, including statements related to the expected capabilities and performance of Enphase Energy’s technology and products, including safety, quality, and reliability; and statements regarding the timing and availability of Enphase Energy’s products in Poland. These forward-looking statements are based on Enphase Energy’s current expectations and inherently involve significant risks and uncertainties. Actual results and the timing of events could differ materially from those contemplated by these forward-looking statements as a result of such risks and uncertainties including those risks described in more detail in Enphase Energy’s most recently filed Annual Report on Form 10-K, and other documents filed by Enphase Energy from time to time with the SEC. Enphase Energy undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations, except as required by law.

    Contact:

    Enphase Energy

    press@enphaseenergy.com

    This press release was published by a CLEAR® Verified individual.

    The MIL Network

  • MIL-OSI: reAlpha Tech Corp. Announces Closing of Exercise of Warrants for $3.1 Million Gross Proceeds

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, April 09, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), a real estate technology company developing and commercializing artificial intelligence (“AI”) technologies, today announced the closing of its previously announced exercise of certain outstanding warrants to purchase up to an aggregate of 4,218,751 shares of common stock of the Company originally issued in November 2023, having an exercise price of $1.44 per share, at a reduced exercise price of $0.75 per share. The shares of common stock issued upon exercise of the warrants are registered pursuant to an effective registration statement on Form S-3 (No. 333-284234). The gross proceeds to the Company from the exercise of the warrants were approximately $3.1 million, prior to deducting placement agent fees and estimated offering expenses.

    H.C. Wainwright & Co. acted as the exclusive placement agent for the offering.

    In consideration for the immediate exercise of the warrants for cash, the Company issued new unregistered warrants to purchase up to 8,437,502 shares of common stock. The new warrants have an exercise price of $0.75 per share, will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares issuable upon exercise of the new warrants and will expire on November 24, 2028.

    The Company intends to use the net proceeds from the offering for general working capital purposes.

    The new warrants described above were offered in a private placement pursuant to an applicable exemption from the registration requirements of the Securities Act of 1933, as amended (the “1933 Act”) and, along with the shares of common stock issuable upon their exercise, have not been registered under the 1933 Act, and may not be offered or sold in the United States absent registration with the Securities and Exchange Commission (“SEC”) or an applicable exemption from such registration requirements. The Company has agreed to file a registration statement with the SEC covering the resale of the shares of common stock issuable upon exercise of the new warrants.

    In connection with the offering, the Company reduced the exercise price for all outstanding November 2023 warrants to purchase 8,333,333 shares of common stock, including the November 2023 warrants to purchase up to 4,218,751 shares of common stock referred to above, such that all outstanding November 2023 warrants have a reduced exercise price of $0.75 per share.

    This press release shall not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is a real estate technology company developing an end-to-end commission-free homebuying platform. Utilizing the power of AI and an acquisition-led growth strategy, reAlpha’s goal is to offer a more affordable, streamlined experience for those on the journey to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

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    The MIL Network

  • MIL-OSI United Kingdom: Local children’s home achieves Outstanding Ofsted rating for the seventh time in a row

    Source: City of Sunderland

    A children’s home in Sunderland has once again been recognised as Outstanding by Ofsted following an inspection in February 2025.

    The Colombo Road home in Castletown is one of nine homes operated by Together for Children, the children’s services partner of Sunderland City Council. Six young people aged between 11 and 17 live at the home.

    This is the seventh time in a row the home has received this highest judgement from Ofsted, with inspectors saying: “The physical environment for children is safe and secure and offers a warm and homely atmosphere. All staff and managers are passionate about building a home for children that they can be proud to welcome their friends and loved ones back to.”

    Councillor Michael Butler, Cabinet Member for Children’s Services, Child Poverty and Skills said: “The children’s homes in Sunderland provide a safe, caring, and positive environment for young people across the city and we are honoured that Colombo Road has once again been recognised by the independent Ofsted inspectors as leading the way in terms of the care and support in homes like this.  The team offer young people of the city personalised support, opportunities and give them the stability they need to thrive and eventually move on, and their passion and commitment to our young people is clear to see in the report.”

    Director for Children’s Services and Together for Children’s (TfC) Chief Executive, Simon Marshall, added: “The report highlights that Colombo Road staff consistently place children and their well-being at the heart of their practice and are they are highly skilled at responding to their individual needs. As a result, young people know they have a secure, comfortable, and loving home with people who genuinely care about them. We are incredibly proud of the support our staff provide to the young people at the home, and I extend a huge thank you to them for their ongoing hard work – this recognition is truly well-deserved.”

    The Ofsted report noted that:

    • Overall experiences and progress of children and young people: outstanding
    • How well children and young people are helped and protected: outstanding
    • The effectiveness of leaders and managers: outstanding

    The Ofsted inspector’s report said: “Staff provide a nurturing environment and strive to ensure that children feel loved and genuinely cared for. This has proved effective, as children begin to confide in trusted staff with sensitive issues and requests to keep them safe. Children develop an appropriate sense of permanence and belonging here and see it as their home.”

    The report noted that all the young people at Colombo Road attend school or other educational provisions, where they are learning and making good progress. They highlight that staff are ambitious for children and support them to attend and do well in their education and talk to them about the importance of achieving a full education.  The team also liaise well with schools, colleges and virtual school heads.

    The inspector said: “Leaders and managers understand the plans for the children and drive and celebrate the achievement of important milestones, goals and permanence for their futures. Leaders and managers monitor the progress that individual children make and can demonstrate the positive impact that living at the home has had on individual children’s progress and life chances. Feedback from other agencies and professionals was all extremely positive and demonstrated how leaders’ and managers’ passion drives positive progress and outcomes for children.”

    Home manager, Michael More added: “Achieving our seventh consecutive Outstanding Ofsted rating is a huge accolade for my team at Colombo Road. We welcome the Ofsted findings and take great pride in the positive feedback we received. The report highlights how living in our home significantly enhances the life chances of our young people, and notes that we are committed to placing their individual needs at the heart of everything we do.  We work closely with other homes across the city to support one another and for me this report really sums up the incredibly dedicated and passionate teams across all of our homes and we are incredibly proud to be supporting our young people in becoming the best they can be.”

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Cabinet to consider move towards zero waste

    Source: City of Liverpool

    Last updated:

    Liverpool City Council’s Cabinet is set to consider a new Zero Waste Strategy, which will look to rid the City Region of all unnecessary waste by 2040.

    The strategy, co-created by all councils in the Liverpool City Region and the Merseyside Recycling and Waste Authority (MRWA), is an important step towards the Council’s plans to significantly reduce carbon emissions from waste collection and disposal in the next 15 years.

    If agreed at next week’s Cabinet Meeting, the strategy will work alongside the Council’s Recycling and Waste Strategy, which was adopted earlier this year.

    Currently, waste collection and processing in Liverpool creates 51,751 tonnes of CO2 each year, the equivalent of 9,200 car journeys circumnavigating the globe.

    Both the newly proposed strategy and existing waste strategy share targets to reduce purple bin waste by 50 per cent by 2040 and achieve a recycling rate of 65 per cent, up from the current rate of 17.9 per cent, in the next 10 years.

    The Zero Waste Strategy, if agreed, could reduce carbon emissions emitted by waste collection and processing across the region by 80 per cent.

    To help reach these goals, the strategy adopts three main themes of ‘People, Planet, and Economy’. Together, the City Region partnership would focus on awareness and education, promoting positive behaviours in buying habits to prevent waste from being created in the first place.

    This includes meal planning to prevent excess food, reusing and repairing items rather than throwing them away, and buying second hand.

    The strategy explains that the best way to remove carbon emissions from waste is by creating a circular economy. This means encouraging businesses and manufacturers to reduce waste created during the production process, while making materials that can be used again and again.

    If items do need to be thrown away, they should be recycled so that the raw materials can be used to manufacture new products.

    One major step towards a circular economy is the introduction of a food waste collection, which all local authorities across the country must introduce by the end of March next year.

    Households across Liverpool will have a new, weekly food waste collection, which will see unused food taken away to be broken down and repurposed.

    The Council is committed to reducing the amount of carbon released into the atmosphere. In 2019, it declared a climate emergency, followed by an action plan to reach net zero across all Council operations by 2030.

    One of the key aims outlined in the plan is to tackle the carbon footprint created through waste collection and processing. Both strategies outline clear steps needed in Liverpool to reach this goal.  

    Work has already started to meet these goals, with the introduction of solar bins and underground refuse bins across the city, as well as optimising collection routes. Together, these changes have reduced the frequency of collections and to the number of emissions released while doing so.

    The Council has also worked with residents to promote positive waste behaviours, including the introduction of a new environmental enforcement team to tackle fly-tipping and Keep Liverpool Tidy, which has seen a big increase in community litter picking since it started in 2022.

    Further support is available for residents looking to reduce their waste on zerowastelcr.com, including an interactive map featuring charity shops, refill shops, and repair and reuse organisations.

    Councillor Liam Robinson, Leader of Liverpool City Council said: “Liverpool City Council remains fully committed to achieving net zero, and the new Zero Waste Strategy will be a crucial step towards that goal.

    “By working in partnership with our City Region colleagues, we can create meaningful change that benefits everyone, but we can’t do this alone. Only by working together serving residents and businesses can we fully address the climate crisis and create a sustainable future.

    “Not only will this strategy help us to do our bit to protect the planet, but it will also save residents money. If we repair and reuse more often than throwing away, there’ll be less need to buy new items and we can move towards eliminating single-use materials.

    “Together we can create a greener, more sustainable Liverpool for future generations.”

    Councillor Laura Robertson-Collins, Cabinet Member for Neighbourhoods, Communities and Streetscene said: “Our Recycling and Waste Strategy already sets out an action plan to reduce the amount of rubbish across the city and this new Zero Waste Strategy is further confirmation that these steps are vital.

    “While the waste that doesn’t get recycled in Liverpool is incinerated to make energy which goes back into the system, this still releases harmful gases into the environment. The only way to combat this is to reduce the amount of rubbish that we produce and increase the amount sent to be recycled.

    “We’re already tackling the amount of waste both on our streets and in our homes and making our waste collection as sustainable as possible. Our successful solar bin pilot and eco-friendly waste wagons are both working towards reducing the number of emissions in collecting our waste. In the near future we’ll be introducing food waste collections and increasing the number of materials households can recycle too, but there’s still more that we can do together.

    “We have a collective responsibility to make sure the actions we take now has a positive impact for our planet in the future.”

    MIL OSI United Kingdom

  • MIL-OSI USA: This Is Jeopardy! … With a UConn Professor

    Source: US State of Connecticut

    “An assistant professor from Storrs, Connecticut…..Kristen Ramsey.”

    Those were the words of Johnny Gilbert, the famed announcer of Jeopardy!, on April 1 as the UConn molecular and cell biology assistant professor appeared on the game show. Ramsey finished second in her appearance and earned $8790, in addition to a lifetime of memories.

    Ramsey, a native of Florida, is in her first year on the UConn faculty and focuses on structural biology, biochemistry and biophysics. She has lived all around the country, earning her undergraduate degree from Florida State, her doctorate from UC-San Diego, and did her post-doctorate work at Johns Hopkins.

    UConn Today caught up with Ramsey following her Jeopardy! appearance.

    First of all, how do you like teaching and working at UConn?

    I fell in love with area when I came here for my interview. It’s really centrally located for me. It’s a rural campus, but I can get to Hartford, Boston, and New York. I have been here since August, and I am getting settled and getting my lab set up and starting to work with my graduate students. So, it has really been awesome.

    How did your appearance on Jeopardy! happen?

    I have been wanting and trying to get on Jeopardy! for many, many years. The process starts with an online test that anyone can take and is about 50 questions. You don’t find out how you did. If you do good enough, they contact you and you take another test on Zoom with video and eight other potential contestants and some show producers. They split you into groups of three, you use a pen as a buzzer, and you do a mock interview question.

    After I did that part, I found out I was in the contestant pool, and you are in that for 18 months. If you don’t hear from them in 18 months, you start the whole process over. I took the online tests many times and in 2020, I got into the contestant pool, but never heard back.

    I forgot about it for a while as I was doing my post-doc work. But last July, as I was getting ready to move out to Connecticut, I decided to take the online test again and two months later did the next online test.

    In January, I got a call from a contestant producer, and they wanted to make sure I was not a convicted felon, didn’t have plans to run for public office in the next few years, and then he invited me to be on the show!

    It was the most amazing thing, but also a bit terrifying!

    When did you go out there to tape your show?

    I was in California to tape the show on February 11. If I had won, I was going to have to go back on February 24 because of the taping schedule. I had to figure out my flight and hotel to Los Angeles quickly, that is all on the contestant. It was such a whirlwind.

    Did you do much studying for the show?

    My job here is pretty much all-encompassing, so I decided to rely on what got me to this point. The good thing is that the subjects I would have studied, my trivia weaknesses, did not come up in my show so I didn’t feel that bad.

    So, for those that watch Jeopardy! at home and try to come up the answers, how much harder is it in real life?

    It wasn’t so much that I found coming up with the answers as hard. The buzzer was the biggest difficulty. If another contestant is rock solid on the buzzer, it doesn’t matter if you know the answers because you’re just not going to beat them to buzz in.

    Were you a trivia fan growing up?

    I’ve always been into trivia and can’t remember a time that Jeopardy! wasn’t part of my life. My dad always tried to get on the show and both my parents are big fans. I like to go and do bar trivia, and I read a lot. I’m really curious about a lot of things and I end up going down a lot of rabbit holes when I am looking something up.

    MIL OSI USA News

  • MIL-OSI Europe: VATICAN – Subsidies and support to achieve financial autonomy: How the Dicastery for Evangelization supports local Churches

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    Vatican City (Agenzia Fides) – How much funding does the Dicastery for Evangelization (Section for First Evangelization and the New Particular Churches) allocate to help the dioceses in the territories under its jurisdiction achieve financial autonomy? This question was discussed yesterday in the Aula Magna of the Pontifical Urbaniana University, which provided the setting for the IV Study Day dedicated to the chair named after Cardinal Velasio De Paolis, the Scalabrinian Cardinal, an authoritative canonist, who died in 2017.Speakers included Professor Vincenzo Buonomo, Grand Rector of the Pontifical Urbaniana University, Professor Andrea D’Auria, Dean of the Faculty of Canon Law, and Professor Yawovi Jean Attila.Archbishop Fortunatus Nwachukwu, Secretary of the Dicastery and Vice Grand Chancellor of the Pontifical Urbaniana University, presided over and moderated the day. Father Tadeusz J. Nowak, OMI, Secretary General of the Pontifical Society for the Propagation of the Faith, along with Sister Roberta Tremarelli (AMSS), who works in the administration of the Pontifical Mission Societies, illustrated what it means to accompany local Churches on their path to financial independence.In his address, Father Nowak recalled that to date, more than 3,000 particular Churches in communion with the Successor of Peter fall under the jurisdiction of the Dicastery for Evangelization. This represents more than a third of all particular Churches in the world, he emphasized. Specifically, the list includes “dioceses, both of the Latin and Eastern Rites, apostolic vicariates, apostolic prefectures, apostolic administrations, missions sui iuris, territorial prelatures, and territorial abbeys.”While “in the past, a particular Church began with a mission in an area where the Gospel had only recently been proclaimed and the Church was not yet truly established,” which was then “elevated to the rank of apostolic vicariates and later to the rank of dioceses,” today “most new Churches arise from the division of existing dioceses in areas where the Church was already present.” However, they remain “under the care of the Dicastery for Evangelization until they achieve full financial autonomy.” Once this is achieved, “they may request to be transferred from the jurisdiction of the Dicastery for Evangelization to that of the Dicastery for Bishops.”A transition that can take up to several hundred years, added Father Nowak, recalling that “the Dicastery for Evangelization accompanies the churches under its authority on their path to financial autonomy, primarily through the Pontifical Mission Societies (the Pontifical Society for the Propagation of the Faith, the Pontifical Society of St. Peter the Apostle, the Pontifical Society of Holy Childhood, and the Pontifical Missionary Union).The task of these four Societies, according to the Secretary General of the Pontifical Society for the Propagation of the Faith, is to place themselves at the service of the Pope and his “care for missionaries.” Above all, however, the Pontifical Society for the Propagation of the Faith specifically accompanies young Churches by providing financial subsidies for the creation and strengthening of their ecclesial infrastructure.Last year alone, the Pontifical Society for the Propagation of the Faith “disbursed more than $23 million in ordinary subsidies,” which bishops can use “for any purpose related to the pastoral life and evangelization of the local Church.” “Normally,” Father Nowak explained, “this grant is used for the health care of the clergy or for the office expenses of the diocesan Curia. Without such subsidies, the dioceses would suffer great difficulties that would slow down or even hinder the work of evangelization.” In this context, for example, the Society for the Propagation of the Faith also provided “almost $9 million” in subsidies “for the support of catechists in the particular Churches.” This money was used “to provide resources for the support and training of catechists.” Because, as Father Nowak emphasized, “catechists are indispensable because the number of ordained priests in many territories is insufficient to ensure adequate pastoral care for all the baptized.” In addition to ordinary subsidies, there are also extraordinary subsidies for which the Pontifical Mission Societies receive “thousands of requests every year.” In most cases, these are requests for financing the construction of chapels and churches, monasteries, schools, clinics, pastoral centers or homes for retired clergy, as well as for the purchase of transportation for missionaries, etc. For these types of projects, “the Society for the Propagation of the Faith allocated more than 16 million dollars in 2024.” “The Dicastery has provided extraordinary subsidies, responding to requests from bishops in Africa, Asia, Oceania, and the Americas,” said Father Nowak, who pointed out that the Society “also provides more than nine million dollars a year for the administration of five colleges in Rome, which serve the ongoing formation of clergy and religious of the particular Churches under the care of the Dicastery. Hundreds of priests and religious from these Churches can thus come to Rome to pursue advanced academic studies and then return to their local Church to provide valuable services to the pastoral life of the particular Church.”Not only that: “Every year, the Dicastery for the Oriental Churches receives significant financial support from the Pontifical Society for the Propagation of the Faith to accompany the Churches of the Oriental Rite on their path to financial autonomy.” The Dicastery, the Secretary General continued, “also provides the episcopal vestments for priests appointed bishops in the particular Churches administered by the Dicastery (including two episcopal cassocks, a miter, the episcopal ring, the bishop’s cross, and crosier). In this way, the new bishop is fully equipped to begin his episcopal ministry.”It must be clarified, as Sister Roberta Tremarelli also emphasized, that “the Dicastery for Evangelization does not finance projects through the Pontifical Mission Societies.” According to the statutes of the Pontifical Mission Societies, they “participate in projects initiated by the local community and for which it assumes responsibility. The bishop must present a solid financial plan for the implementation of the project and commit the community to its completion and ongoing maintenance.” In this sense, it is being examined “whether a room created for children’s catechism can also be used for other purposes,” which could also lead to “continuous funding for the structure itself over time,” Sister Roberta Tremarelli emphasized, concluding: “The subsidy is an aid; the Pontifical Mission Societies must not replace the local Church. Our aid must be based on the principle of autonomy.”In this way, the particular Churches are encouraged to manage their finances responsibly and transparently, while remaining independent of external funding: “We are rich in young Churches, but we must not remain immature Churches. The growth and independence of the local Churches is our goal,” Archbishop Nwachukwu said in his concluding remarks. (F.B.) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News

  • MIL-OSI Europe: AFRICA/ANGOLA – Missionaries in the Terreiro community: “We must break existing patterns”

    Source: Agenzia Fides – MIL OSI

    Wednesday, 9 April 2025

    SMA

    Bengo (Agenzia Fides) – “We have been without electricity for a month. …The generator only works for a few hours in the evening,” says Father Martino Bonazzetti of the Society of African Missions.”But even amidst obstacles and unforeseen events, there is always hope and joy, because the most important thing is not to give up,” writes the missionary, who lives and works in the parish of Desvio da Barra do Dande (Bengo) and returned to Italy a few days ago for a short period.”We are currently finishing the cistern on the roof of the church, which will be fed by rain (which should arrive soon) and will be used for the kindergarten and community activities in Terreiro. We have launched a cooking and baking class to motivate women and young people. One thing leads to another…” These are some of the various projects carried out by the missionaries in the community in Terreiro, “inspired by faith but also by ingenuity.” “The schools are also being visited by children and young people who have not been able to attend classes until now,” the missionary continued.”Now is a time of pause for me,” the missionary continued. “The fact of returning to Italy pushed me to finish several things. For example, we are in the process of completing the mill house for maize and cassava flour. Everything is finished, and we hope to harvest the maize later, as it has hardly rained this year. The mill is here, and we hope it works! A young man working as a bricklayer on the construction of the mill told me that a group of women has already asked when it will be operational. This means that we no longer have to travel all the way to Desvio to make flour… and that means we save money because we do not have to pay for the trip! It exists, so it should work.””In Angola, we are moving forward with experience, breaking with rigid and existing patterns. And there is always something that surprises us,” Father Martino concludes, “and the most important thing is the faith of the common people.” (AP) (Agenzia Fides, 9/4/2025)
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    MIL OSI Europe News

  • MIL-OSI Economics: Jan Frait: Monetary policy analysis at the crossroads – insights from central banks’ reviews

    Source: Bank for International Settlements

    Introductory remarks for the Panel Discussion

    It is a great honour for me to chair the second panel today, in which we move further towards research and academic thinking. In particular, we will focus on the analytical and modelling frameworks used by central banks to support monetary policy decision-making.

    Before we do so, I’d like to start by introducing myself as a monetary policymaker with some personal statistics. I have attended more than 200 monetary policy meetings in one capacity or another. As a board member, I have voted 93 times – 31 times for a cut and only twice for a hike. That looks pretty dovish, for sure. On the other hand, for 87% of the time I’ve been voting on interest rates, the relevant monetary policy rate has been higher than headline inflation. This appears more hawkish. Well, things are really state-dependent.

    No matter how long or how many times I’ve done this, I still consider myself a young apprentice, caught between Scylla and Charybdis – to borrow a lyric from one of my favourite bands, The Police. I approach decision-making with plenty of humility. In other words, even after all these years, much of what goes on in the economy remains to some extent a mystery to me. I don’t feel I understand macroeconomic dynamics much better than I did 20 years ago.

    When I was a student, macroeconomics and monetary theory textbooks described monetary policy as more of an art than a science. By the time I joined the Czech National Bank at the beginning of the century, it was a different story. Monetary policy had been operating under the then-new inflation-targeting regime for two years. Decision-making was increasingly based on a modelling framework derived from New Keynesian macroeconomics, which had gained the status of a fully-fledged science. Whether or not it actually deserved it was never discussed at the time.

    One of the key aspects of this new paradigm was the belief that vague monetary policy objectives such as “sound money”, “monetary stability”, and “macroeconomic stability” should be replaced by the more concrete objective of price stability – ideally in the form of a specific numerical inflation target expressed as growth in the consumer price index.

    After more than a quarter of a century of experience with this approach, I’m inclined to think that, as usual, we romantically overestimated its capacity. The primary monetary policy objective started to be viewed too narrowly. The focus on a specific number was opportunistically misused to maintain extremely low interest rates and highly supportive monetary policy in times of positive supply shocks, even when there weren’t always strong macroeconomic grounds for doing so.

    In many countries, monetary policy became rather asymmetric. A regime designed to prevent time inconsistency in monetary policy often ended up fostering it. I constantly heard the argument, “It doesn’t matter that inflation is currently above the target. It’ll soon return to it thanks to anchored expectations.” Yet as soon as inflation dropped below the target, the rhetoric changed to, “There’s a threat of deflation. We need to have extremely low rates or use other instruments to ease monetary and financial conditions.”

    This was despite – or maybe even because of – the fact that monetary policy in developed countries had become a very powerful tool of economic policy. A tool on which hopes are pinned whenever sentiment worsens and economic activity slows. The models we use to assess and forecast macroeconomic developments undoubtedly encourage such hopes.

    In the summer of 2002, the Czech National Bank introduced a small-scale, semi-structural, gap-based model called the Quarterly Projection Model (QPM) for forecasting and analysis. QPM was a big step forward. It taught experts and board members to apply a model-consistent approach to macroeconomic policy. In a converging economy with a nominally appreciating currency and a rapidly developing financial sector, it was, of course, difficult for the model to explain everything that was happening. Frustration with the model outcomes began to mount when global macroeconomic volatility surged in 2007 amid large financial imbalances.

    I was no longer at the monetary policy coalface at that time, as between 2007 and 2022, I worked in financial stability and macroprudential policy. My only monetary policy-related legacy from this period can be seen on the webpage about “the mandate of the Czech National Bank”, which states: “Through the joint action of monetary policy and macroprudential policy, we contribute to maintaining confidence in the value of the Czech koruna and safeguarding the stability of the macroeconomic environment.” We keep doing so.

    Frustration with predictions probably drove the decision to switch hastily to a New Keynesian DSGE model in the summer of 2008. Maybe there were other reasons, but the Czech National Bank’s representatives did not expand on them at the time. Then the Global Financial Crisis erupted, and there was no longer any time for such discussions.

    It’s no secret that I never considered it beneficial to replace the semi-structural model with the DSGE model as the sole approach for macroeconomic forecasting. Not because I dislike one theory or model over another, but because theories and models are valuable to a central bank only to the extent that they facilitate an informed and sufficiently comprehensive debate – one that helps us understand the evolving economic story in the short, medium, and long run.

    Basing monetary policy decision-making solely on the microeconomically consistent but economically limited New Keynesian DSGE model ultimately narrowed the debate. The process became more automatic, and the decision-making appeared easier. The dilemmas that board members typically face became less visible. They were obscured by the standard linearization around the inflation target, which is typical of New Keynesian models. We tended to overestimate the impact of short-term interest rate changes while underestimating the effects of our powerful communication on long-term interest rates and asset markets. Paradoxically, this more “scientific” approach resulted in greater discretion in decision-making – and in sizeable unintended effects.

    Today, in 2025, we are a little more enlightened. The recent wave of inflation was a kind of blessing in disguise. It reminded us that monetary policy is still an art as well as a science. It taught us that the primary purpose of macroeconomic analysis is to distinguish fundamental trends from temporary fluctuations, local peculiarities from global phenomena, and supply shocks from demand shifts. It helps monetary policymakers be principled yet flexible in challenging times, especially during geopolitical and economic turbulence.

    In this context, it’s only natural that many inflation-targeting central banks are considering changes to their monetary policy frameworks. More than a year ago, the CNB also decided to undertake an external review of its monetary policy analytical and modelling framework – the first such review in its history. We commissioned three independent reviews to gain a comprehensive perspective. And we got it. Two of the three reviewers accepted our invitation to join this panel.

    Before I introduce the panellists, I’d like to make another musical analogy. I belong to a generation where many were briefly fascinated by jazz-rock – virtuoso musicians playing a lot of notes very fast. Amazing at first listen, still entertaining at the third, but for most of us, boring by the tenth – because the music lacked variation in mood, timbre, and rhythm. Then bands like The Police came along – jazz-trained musicians playing simple yet original songs in a technically brilliant yet energetic way, capturing the zeitgeist. With stops and double stops. Leaving plenty of space for the imagination.

    I’d be glad if this approach became more widespread in the modelling we do to support monetary policy decision-making. We need analyses that are technically rigorous yet responsive to economic, social, and political dynamics – driven by emotion and belief, scepticism and conviction, avarice and altruism. To achieve this, we must diversify our thinking, remain open to adjusting our mindsets when major shifts occur, and invest in people who can develop alternative models and implement fresh ideas from academic research. We should be open to semi-structural, DSGE, agent-based, and other sorts of models, and use them in a way that improves our understanding of sometimes enigmatic developments in the economy.

    Now I will truly hand over the mic to the power trio here today, who – except for one member – also happened to fly in from Britain. They all pay great attention to similar issues while differing in their methodological approaches.

    John Muellbauer is a Senior Research Fellow at Nuffield College, Professor of Economics, and a Senior Fellow at the Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.

    He earned his undergraduate degree from Cambridge University and his doctorate from the University of California. John has collaborated with legendary macroeconomists and econometrists such as Charles Goodhart, David Hendry, Peter Sinclair, and Adrian Pagan. He has also served as a consultant for the Bank of England, HM Treasury, the South African Reserve Bank, and, more recently, the Czech National Bank. In 2024, he conducted a review of the Czech National Bank’s analytical framework for policy analysis and forecasting, assessing its core and satellite models as part of an integrated approach to monetary policymaking.

    Roman Šustek is a Reader in Economics at Queen Mary University of London and a Research Associate at the Centre for Macroeconomics at the London School of Economics. His research focuses on housing, mortgage finance, monetary policy, and the term structure of interest rates. He transitioned to academia after five years as an economist in the Monetary Assessment and Strategy Division of the Bank of England. He earned his PhD from the Tepper School of Business at Carnegie Mellon University, following an earlier role as an economist at the Czech National Bank in Prague. As part of the 2024 Czech National Bank monetary policy review, Roman contributed to the assessment of macroeconomic forecasting models and processes used in policy analysis. In his research and writings, Roman often focuses on the same topics as John, in particular on the links between household consumption, house prices, and mortgage regulation. These are ultimately the topics that were viewed as rather important by the BIS economists under our keynote speaker-Claudio Borio.

    Jakub Matějů is the Deputy Executive Director of the Monetary Department at the Czech National Bank and the Acting Director of the department’s Macroeconomic Forecasting Division. He is also temporarily heading the Monetary Department. His research and policy work focuses on macroeconomic forecasting and monetary policy. Before his current role, he worked as an economist in the CNB’s Monetary Department. He later joined the European Central Bank and served as a senior economist in the analytical team of Komerční banka. In 2019, he returned to the CNB as an adviser to the Bank Board and has been the Deputy Executive Director of the Monetary Department since 2023. Jakub has received several Czech Economic Society Young Economist awards and the CNB’s Economic Research Award for his research. He earned his PhD in Economics from CERGE-EI, following his studies at the Institute of Economic Studies, Faculty of Social Sciences, Charles University.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Health and Social Care Secretary’s UNISON speech

    Source: United Kingdom – Government Statements

    Speech

    Health and Social Care Secretary’s UNISON speech

    Health and Social Care Secretary Wes Streeting’s speech at UNISON’s annual health conference in Liverpool today.

    Good morning conference.

    Let’s start on a point of agreement.

    The killing of 15 health and rescue workers in Gaza was an appalling and intolerable tragedy.

    Healthcare workers in any context, in any part of the world, should never be a target.

    The international community, or indeed any actors in any conflict, all have a responsibility to protect health and humanitarian aid workers and also to protect innocent civilians.

    And it’s clear that in Gaza, as well as in other conflict zones around the world at the moment the international community is failing and failing badly.

    So I want to say, as a Unison member, I strongly support the sentiments expressed by our Healthcare Executive.

    But on behalf of our government, we want to see a return to an immediate ceasefire.

    We want to see aid in, people out of harm’s way, an end to this bloody conflict and a state of Palestine alongside a state of Israel, and the just and lasting peace that Israelis and Palestinians deserve.

    I also have to say, having been to the West Bank with Medical Aid for Palestinians and seen first hand the work that they do supporting the health needs of Palestinians across the occupied Palestinian territories, they do brilliant work.

    And I would fully endorse the sentiment of the motion in supporting them, and each of us putting our hands in our pockets to do that.

    But today, I’m here as the first health and social care secretary to address a Unison conference since my […] predecessor, Andy Burnham, did 15 years ago, and I am proud to do so as a Unison member.

    [Political content has been removed]

    Now we’re delivering the change people voted for.

    It’s not all plain sailing and I expect you’ll want to question, even challenge some of the government’s decisions.

    So there’ll be plenty of time for questions.

    And I promise to give you honest answers.

    [Political content has been removed]

    You might not like some of the answers.

    I might not like some of the questions, but the important thing is that we show up and we have that conversation.

    For all the challenges we’re confronting, and there are plenty nothing I’ve experienced in the last nine months as our country’s Health and Social Care Secretary has shaken my confidence and conviction that this will be a government that not only gets our NHS back on its feet, but makes sure it’s fit for the future, and shows the bold leadership required to make sure that we also build a National Care Service worthy of the name.

    Of course, it’s hard.

    [Political content has been removed]

    Six months ago, back here in Liverpool, I spent two hours with one of the most remarkable group of people I’ve ever had the honour of meeting in my life.

    In that room were centuries of training and experience between them of working in the health service.

    But all of that training, all of that experience couldn’t have prepared those people with what they were confronted with in Southport on Monday the 29th of July, as they rushed into that community centre to find children and adults lying on the floor bleeding, some tragically dying.

    The aftermath of an unimaginable, senseless, mindless attack.

    Those people were confronted immediately with the consequences.

    For the staff I met, the trauma still runs deep.

    But on the day itself, the whole NHS team kicked into action.

    From the paramedics who arrived first on the scene and had to make split-second decisions of who to treat first in what order, to give them the best chance of survival.

    The porters rushing children through busy hospital corridors, and the security guards trying to shield other patients and visitors from seeing the horror that the staff were confronting.

    The lab teams who are mobilising blood supplies.

    Receptionists fielding calls from panic-stricken parents.

    The surgical teams fighting to save those young girls lives.

    I’m filled with admiration for their care, their expertise and their values.

    As I think about what happened in the aftermath of those brutal attacks, that admiration turns to anger.

    [Political content has been removed]

    Filipino nurses came under attack from racist thugs on their way into work wearing their NHS uniforms.

    GP surgeries closed early out of fear of rioters.

    A Nigerian care worker saw his car torched.

    These people came to our country to care for our sick and vulnerable.

    They bust a gut day in, day out to keep us well.

    If those thugs represented the worst of our country, our health and care workers represent the best.

    This government will never walk by on the other side when it comes to standing up against racist hate, intimidation or violence.

    Because no one should go to work fearing violence, least of all those all of us rely on for our health care.

    What happened after Southport was an extreme, but it wasn’t a one off.

    One in every seven people employed by the NHS have suffered violence at the hands of patients, their relatives or other members of the public.

    This should shame us all.

    So today I can announce we will act to keep NHS staff safe at work.

    Incidents will have to be recorded at a national level.

    Data will be analysed so that those most at risk can be protected.

    Trust boards will be made to report on progress they’re making to keep staff safe.

    Protecting staff from violence is not an optional extra.

    We are making it mandatory.

    Zero tolerance for violence and harassment of NHS staff, campaigned for by Unison.

    [Political content has been removed]

    We invest huge sums of money into training the NHS workforce.

    Then they’re treated like crap.

    Forced to leave the health service and often leave the country.

    British taxpayers are investing billions in doctors, nurses, paramedics and healthcare assistants only for them to turn up treating patients in Canada or Australia.

    We’ve got to retain the talent we have in the health service and treat our staff with the respect they deserve.

    That means more training and opportunities for nurses who want to progress in their career, and making flexible working easier too.

    It also means paying you for the job you actually do.

    There have been too many disputes because NHS staff have not been paid according to their job description, rather than their job.

    So we’re bringing in a new digital system to make sure the job evaluation scheme is applied fairly across the board.

    [Political content has been removed]

    A fair day’s work for a fair day’s pay.

    Campaigned for by Unison.

    [Political content has been removed]

    I owe my life to the NHS.

    Who cared for me when I went through kidney cancer.

    It’s a debt of gratitude I will never be able to repay.

    But I will certainly try.

    You were there for me and I’ll be there for you.

    As the chair said, the scale of the challenge in our NHS is huge.

    [Political content has been removed]

    So our job is twofold.

    First, to get the service back on its feet and treating patients on time again.

    And second, to reform the service for the long term so that it’s fit for the future.

    And I say it’s our job deliberately, because this can’t be done with one man sat behind a desk in Whitehall.

    We will only succeed if this is a team effort, from the Prime Minister to the 1.5 million people who work in the National Health Service.

    When I visited Singapore General Hospital in opposition, they told me about a programme they run.

    It’s called get rid of stupid stuff.

    Does what it says on the tin.

    I thought the NHS could probably do with that.

    Some of you might think I could do with that.

    It’s a common sense idea.

    People working in the health service might have ideas about how to fix it.

    So over the past few months, just as we did when we were in opposition, we’ve been asking NHS staff about the stupid stuff that’s holding them back.

    More than a million people have engaged in what’s been the biggest national conversation since the NHS was founded.

    NHS staff have attended more than 3,000 meetings across the country and online, and if you’ve not made your voice heard yet, you’ve got until 5pm on Monday to go to Change.NHS.uk

    The plan, published later this spring, will take the best ideas from across the NHS, staff and workforce and patients and set out how we’ll deliver the change the NHS needs.

    Shifting the focus of healthcare out of hospital and into the community, with more investment in primary and community care.

    Bringing our analogue health service into the digital age, arming staff with modern equipment and cutting edge technology.

    Turning our sickness service into a preventative health service to help people live well for longer and tackle the biggest killers.

    The crisis in the NHS is not the fault of staff, but we can’t fix it without you.

    I know how hard it is to battle against a broken system, to give patients the best care you can, only to go home at the end of the day, knowing your best wasn’t good enough.

    But there is light at the end of the tunnel.

    The cavalry is coming.

    My message to everyone working in the NHS is this.

    Stay and help us to rescue and rebuild it.

    The NHS was broken, but it’s not beaten.

    And together we can turn it around.

    Change takes time, but it has already begun.

    In nine months, this […] government has awarded NHS staff an above inflation pay rise, ended the resident doctors strikes, invested an extra £26 billion in health and care, the biggest investment in hospices for a generation.

    We’ve agreed the GP contract for the first time since the pandemic, with £889 million more in funding, the biggest uplift in a decade.

    We’ve reversed the decade of cuts to community pharmacy.

    We’ve delivered the extra 2 million more appointments we promised at the election than we did it seven months early.

    NHS waiting lists have been cut for five months in a row and counting.

    80,000 suspected cancer patients were diagnosed early, so lots done, but so much more to do.

    We know there’s a long way to go.

    There’ll be bumps along the way.

    It won’t be plain sailing and we’ll make some mistakes.

    But we are finally putting the NHS on the road to recovery.

    On social care, we’ve been accused of not doing enough.

    I totally understand the cynicism after years of inaction.

    [Political content has been removed]

    Our first step on the road to building a National Care Service, and I can announce today, will go further for our care professionals.

    We are introducing the first universal career structure for adult social care, setting out four new job roles to give care workers the opportunities to progress in their career.

    With millions of pounds of new investment in their skills and training.

    Keir said his ambition for his sister, who is a care worker, is to command the same respect as her brother, the Prime Minister.

    Her work is so important to the future of our country.

    [Political content has been removed]

    But be in no doubt about the weight on our shoulders.

    I’m certainly not.

    Not only the responsibility to millions of people who are being failed by the NHS and social care services, but also to prove to a sceptical public that the NHS can change and deliver the timely, quality care people expect in 2025.

    On the 75th anniversary of the NHS, an opinion poll showed that the health service makes the majority of the British people proud of our country, greater than the pride we feel for any other aspect of our history or culture.

    But the same poll revealed that 7 in 10 believe that the NHS founding principle of healthcare, free at the point of need, won’t survive the next ten years.

    The failure of public services to meet the needs of the people is one of the fertilisers of populism we see across liberal democracies.

    [Political content has been removed]

    We will always defend the NHS as a public service, free at the point of use, so that when you fall ill, you never have to worry about the bill.

    [Political content has been removed]

    That’s why I say it’s change or die.

    The stakes are high.

    The challenge is enormous, but the prize is huge.

    A service that values all of its workforce as an asset to be nurtured, not a cost to be minimised.

    Where staff are proud to work because their patients receive the best possible care.

    An NHS there for us when we need it.

    Once again, it won’t be easy.

    It will take time.

    But if we get this right, we will be able to look back on this time and say that we were the generation that took the NHS from the worst crisis in its history, got it back on its feet and made it fit for the future, and built a National Care Service worthy of the name.

    Change has begun, but the best is still to come.

    Thank you.

    Updates to this page

    Published 9 April 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Chairman Guthrie, First Lady Melania Trump, Chairman Bilirakis Join Advocates in Celebrating Committee Passage of TAKE IT DOWN Act

    Source: United States House of Representatives – Representative Gus Bilirakis (FL-12)

    WASHINGTON, D.C. – Today, Congressman Brett Guthrie (KY-02), Chairman of the House Committee on Energy and Commerce, along with advocates for the TAKE IT DOWN Act, issued the following statements of support after the bill was reported out of Committee by a vote of 49 to 1.

    “No man, woman, or child should be subjected to the spread of explicit AI images meant to target and harass innocent victims. I am so thankful for our outstanding advocates and legislators who have worked hard to raise awareness and build a strong coalition to support this bipartisan bill,”said Chairman Guthrie. “Today, the Committee on Energy and Commerce advanced the bill to the full House of Representatives, where I look forward to, once again, voting in favor of the TAKE IT DOWN Act, so that we can send it to the President’s desk for signature.”

    “I remain dedicated to championing child well-being, ensuring that every young person can thrive and ‘Be Best.’ Thank you to the House Energy & Commerce Committee for advancing the TAKE IT DOWN Act. This marks a significant step in our bipartisan efforts to safeguard our children from online threats,” said First Lady Melania Trump. “I urge Congress to swiftly pass this important legislation. Together, we can create a safer, brighter future for all Americans!”

    “I am glad we are one step closer to protecting victims of online sexual exploitation. Giving victims rights to flag non-consensual images and requiring social media companies to remove that content quickly is a pivotal and necessary change to the online landscape,” said Congressman Gus Bilirakis (FL-12), Chairman of the Subcommittee on Commerce, Manufacturing, and Trade. “And by ensuring that AI-generated deep-fake content is included in these protections, Congress is showing its commitment to fighting 21st Century harms that are plaguing our children and grandchildren.”

    “In February, our family mourned the loss of our loving son and brother, Elijah Heacock, after he fell victim to an extortion scheme on the internet,” said Shannon Cronister-Heacock, mother of Elijah Heacock. “We are grateful for the support of Chairman Guthrie and the House Committee on Energy and Commerce for passing the TAKE IT DOWN Act today to ensure that no parent, sibling, or loved one experiences a similar tragedy in the future. This bill honors Elijah’s life, and we are appreciative of Congress’ actions to protect children online and save lives.”

    “I was only fourteen years old when one of my classmates created deepfake, AI nudes of me and distributed them on social media. I was shocked, violated, and felt unsafe going to school. Thankfully, I was able to work with Senator Ted Cruz’s office to write the TAKE IT DOWN Act — and today is an important milestone towards that bill becoming law, so that no other girl has to go through what I went through without legal protections in place,”said Elliston Berry, survivor and advocate. “Thank you to Chairman Guthrie for prioritizing the TAKE IT DOWN Act for committee passage.”

    “At 14, for almost two years, I stood alone, advocating for AI deep fake laws to protect us after my school’s inaction and lack of accountability insulted my self-respect. This journey is dedicated to every woman and teenager who was told to stay silent and move on. It is also a testament to the courageous bipartisan leaders who stood beside me, proving that change is possible. Today, we celebrate a critical step towards the passage of the TAKE IT DOWN Act into federal law,”said Francesca Mani, AI victim turned advocate & TIME100 AI Most Influential Person.“A heartfelt thank you to Chairman Guthrie for standing with us and making swift committee passage possible. We are no longer alone.”

    “Today, we celebrate an important victory with House committee passage of the TAKE IT DOWN Act, a federal safeguard against non-consensual AI-generated intimate images,”said Dorota Mani, an educator, advocate, and mother. “This important legislation, which is now well on its way to the President’s desk, staunchly defends our women and children while preserving every American’s dignity and rights.”

    “Survivors—both minors and adults—deserve protection and justice. Every survivor should be able to report their abuse to law enforcement, have their abuse content removed fully and abusers should be found and held appropriately accountable. Image-based sexual abuse is sexual assault facilitated online. You cannot accidentally sexual assault someone offline and the same should be true for the online. The harms of all forms of image-based sexual abuse—including deepfake abuse—quickly follow that victim home, to school, to work and anywhere they try to exist after such a profound and public trauma,”said Andrea Powell, Co-Founder and Chief of Impact, Alecto AI. “Alecto AI supports the TAKE IT DOWN Act because we believe that in its passage, we will be getting closer to a world where young women and girls don’t have worry that being online means being targets of sexual violence. All survivors deserve protection and justice.” 

    MIL OSI USA News

  • MIL-OSI USA: Bilirakis, Castor, Buchanan, and Soto Introduce Bill to Protect Florida’s Coasts from Offshore Drilling

    Source: United States House of Representatives – Representative Gus Bilirakis (FL-12)

    TAMPA, FL – This week, Representatives Gus Bilirakis (FL-12), Kathy Castor (FL-14), Vern Buchanan (FL-16), and Darren Soto (FL-9) introduced critical bipartisan legislation to permanently prohibit oil and natural gas exploration, development, and production off Florida’s coast. 

    We’ve seen the long-lasting harm that can come from oil spills including: damage to the environment, disruption to marine life, and the paralysis of local economies that depend heavily on fishing, tourism, and recreation,” said Congressman Bilirakis.  “Protecting Florida’s pristine coastline from future oil spills is crucial for preserving its unique ecosystems.  Ensuring the health of the coastline will safeguard not only the environment but also the livelihoods of communities that rely on its natural beauty and resources.

    Florida is a special but fragile place, and our way of life depends on clean water. Dangerous offshore drilling can devastate both our environment and our economy, posing huge risks to everything that makes Florida special. Our Florida coasts are beloved by people across the globe. Tourism is the lifeblood of our coastal economy in the Sunshine State, so we must ensure our water, beaches, wildlife, and fishing industry in the Eastern Gulf are sustained,” said Rep. Castor.It is imperative that future generations of Floridians see our coasts preserved. We must permanently protect these waters, our planet, our pocketbooks and our people from costly oil spills and irresponsible usage of our precious land.”

    “While I support responsible investments in American energy, we must also recognize the unique importance of protecting Florida’s coastline,” said Rep. Buchanan. “The Deepwater Horizon disaster in 2010 showed just how devastating an offshore spill can be to our economy, environment and way of life. As co-chair of the bipartisan Florida congressional delegation, I remain committed to working with colleagues on both sides of the aisle to safeguard our state’s beautiful beaches and coastal waters.”

    “Florida’s coastline is more than a beautiful backdrop—it’s a vital part of who we are. Our beaches and marine ecosystems support hundreds of thousands of jobs, drive tourism, sustain our fishing industries, and provide a home to some of the most unique and fragile wildlife in the world,” said Rep. Darren Soto. “Offshore drilling puts all of that at risk. One spill could devastate our economy and irreparably damage ecosystems that took generations to build. This bipartisan legislation reflects a shared commitment to safeguarding our waters—not just for today, but for every generation that comes after us. Floridians deserve clean beaches, thriving marine life, and a resilient coastal economy—and that starts with keeping oil rigs off our shores for good.”

     Endorsing organizations of the Florida Coastal Protection Act include Oceana, League of Conservation Voters, Surfrider Foundation, The CLEO Institute, Defenders of Wildlife, and Environment America.

    MIL OSI USA News

  • MIL-OSI: PubMatic and Spectrum Reach Partner to Enhance Demand, Efficiency and Curation Across CTV Marketplace

    Source: GlobeNewswire (MIL-OSI)

    REDWOOD CITY, Calif. and NEW YORK, April 09, 2025 (GLOBE NEWSWIRE) — PubMatic (Nasdaq: PUBM), an independent technology company delivering digital advertising’s supply chain of the future and Spectrum Reach, the advertising sales business of Charter Communications, today announced a new partnership that will bring increased demand and efficient buying to Spectrum Reach’s advertising inventory while strengthening PubMatic’s curated packages with local news and live sports offered through its Connected TV (CTV) Marketplace.

    Through this partnership, PubMatic will connect advertisers to audiences across Spectrum Reach’s entire footprint. Spectrum Reach offers access to more than 450 streaming and traditional networks and publishers and is already a leading streaming solution in its footprint, reaching nearly 90 percent of viewers watching, based on Comscore CTV household viewing data of content accessed through televisions connected to the internet. This partnership also will tap into PubMatic’s strong supply path optimization partnerships, bringing Spectrum Reach even closer to buyers with streamlined efficiency and advanced AI-driven technology, and providing access to additional high-quality, highly performant inventory sources.

    “Our partnership with PubMatic gives brands and agencies a new path to execute their campaigns and allows us to transact with marketers in their preferred marketplace of choice,” said Jason Brown, Senior Vice President, Chief Revenue Officer for Spectrum Reach. “The combination of our premium streaming ad inventory across entertainment, live sports and news and PubMatic’s programmatic marketplace strengthens our ability to deliver more value and efficiency for our advertisers.”

    Key benefits of the partnership include:

    • Enhanced Curation: By integrating Spectrum Reach’s robust advertising inventory into PubMatic’s CTV Marketplace, advertisers will gain access to highly engaged audiences across Spectrum Reach’s linear and digital footprint.
    • Increased Transparency: Spectrum Reach’s privacy-focused data will provide buyers transacting in PubMatic’s marketplace with industry-leading transparency into where their ads are running.
    • Higher Fidelity Data: Buyers will gain access to first-party and audience data from Spectrum Reach, enhancing their addressable targeting and measurement capabilities at scale in a privacy-focused manner.
    • Access to a Broader Network of Buyers: Spectrum Reach will benefit from PubMatic’s extensive network of buyers, including major brands and agencies, which will drive higher demand.
    • Increased Efficiency and Optimization: PubMatic’s supply path optimization (SPO) capabilities will further streamline the ad buying process, bringing buyers and Spectrum Reach even closer together.
    • Advanced Technology and AI capabilities: PubMatic’s AI tools for publishers will offer Spectrum Reach the ability to enhance monetization, reduce infrastructure demands, streamline workflows and enable smarter, faster decision-making and improved audience engagement.

    “We are thrilled to join forces with Spectrum Reach, a true innovator in the advertising space,” said Abbie Reichner, Regional VP, Customer Success, CTV at PubMatic. “As a trusted source of news and entertainment across the U.S., we are excited to help Spectrum Reach maximize their advertising revenue so they can continue to invest in valuable content creation. This collaboration will enable us to elevate programmatic advertising by providing advertisers with even more capabilities to reach their target audiences effectively and efficiently.”

    The new offering creates added value for agency partners like leading global marketing company dentsu, which partners with PubMatic for its supply path optimization, media curation, sell-side data and identity solutions and will now have direct access to Spectrum Reach’s premium ad inventory through PubMatic. “We are excited to see how this partnership with PubMatic will amplify the reach and impact of Spectrum Reach’s inventory,” said Cara Lewis, Chief Investment & Activation Officer for dentsu. “Streaming has unleashed powerful audience engagement opportunities, and by integrating Spectrum Reach’s premium CTV and addressable linear inventory with PubMatic’s advanced technology, we are poised to deliver unparalleled value to our clients.”

    More information is available at www.pubmatic.com.

    About Spectrum Reach:
    Spectrum Reach®, the advertising sales business of Charter Communications, Inc. (NASDAQ: CHTR), provides custom advertising solutions for local, regional and national clients. Operating in 36 states and 91 markets, Spectrum Reach creates scalable advertising and marketing services driven by aggregated and de-identified data insights and award-winning creative services. Spectrum Reach helps businesses of all sizes reach anyone, anywhere, on any screen. Additional information about Spectrum Reach can be found at https://www.spectrumreach.com.

    About PubMatic:
    PubMatic (Nasdaq: PUBM) is an independent technology company maximizing customer value by delivering digital advertising’s supply chain of the future. PubMatic’s sell-side platform empowers the world’s leading digital content creators across the open internet to control access to their inventory and increase monetization by enabling marketers to drive return on investment and reach addressable audiences across ad formats and devices. Since 2006, our infrastructure-driven approach has allowed for the efficient processing and utilization of data in real time. By delivering scalable and flexible programmatic innovation, we improve outcomes for our customers while championing a vibrant and transparent digital advertising supply chain.

    Press Contact:
    For PubMatic:
    Ashley Jacobson, Director of Corporate Marketing
    press@pubmatic.com

    Broadsheet Communications for PubMatic
    pubmaticteam@broadsheetcomms.com
    (917) 826-1103

    For Spectrum Reach:
    Andrew.Russell@charter.com

    The MIL Network

  • MIL-OSI: Tampa Bay Buccaneers Expand Dayforce Partnership

    Source: GlobeNewswire (MIL-OSI)

    MINNEAPOLIS and TORONTO, April 09, 2025 (GLOBE NEWSWIRE) — Dayforce, Inc. (NYSE: DAY; TSX: DAY), a global human capital management (HCM) leader that makes work life better, today announced the Tampa Bay Buccaneers have expanded their use of the Dayforce™ platform to further enhance the employee experience, modernize HR processes, and navigate the unique compliance challenges of professional sports.

    As part of this expansion, the Buccaneers will integrate Dayforce Performance Management and Compensation Management into their existing Dayforce suite, reinforcing their commitment to leveraging best-in-class technology to support, develop, and manage their growing team.

    “Dayforce has completely transformed how we manage our workforce,” said Kristin Hamwey, Chief People Officer, Tampa Bay Buccaneers. “We needed a platform that could evolve with our organization, and Dayforce has delivered. The seamless automation, insightful reporting capabilities, and intuitive, self-service features have been game-changers for our team. Our continued collaboration with Dayforce strengthens our commitment to innovate and deliver personalized people experiences to our employees.”

    Since first implementing the platform in 2019, the Buccaneers have trusted Dayforce’s comprehensive, all-in-one HCM solution to unify HR, payroll, benefits, recruiting, and workforce management. This has helped deliver significant efficiencies, including optimizing workforce scheduling and streamlining operations. The Dayforce AI-powered platform has supercharged the Buccaneers’ employee experience by empowering its 850+ full-time and seasonal employees with HR self-service tools, all available on the Dayforce mobile app. This digital transformation has helped eliminate manual processes, enabled a self-service approach to workforce management, and enhanced the overall employee experience.

    “Success in professional sports goes far beyond game day. From navigating compliance to managing diverse workforces, teams face constant challenges that demand efficiency and innovation. That’s why leading sports franchises like the Tampa Bay Buccaneers trust Dayforce to simplify operations and deliver real results,” said Chris Armstrong, Chief Customer Officer at Dayforce, Inc. “We’re proud to strengthen our winning partnership with the Buccaneers and continue helping them maximize their workforce’s potential with solutions that make work life better.”

    About Dayforce

    Dayforce makes work life better. Everything we do as a global leader in HCM technology is focused on improving work for thousands of customers and millions of employees around the world. Our single, global people platform for HR, Pay, Time, Talent, and Analytics equips Dayforce customers to unlock their full workforce potential and operate with confidence. To learn how Dayforce helps create quantifiable value for organizations of all sizes and industries, visit dayforce.com.

    About the Tampa Bay Buccaneers

    The Tampa Bay Buccaneers enter their 50th year as members of the National Football League and compete in the National Football Conference’s South Division. They were purchased by the late Malcolm Glazer in 1995 and are currently owned by the Glazer Family. Established in 1976, the Buccaneers have totaled 10 division championships, two conference championships and two Super Bowl Championships, including Super Bowl LV that was played on their home field at Raymond James Stadium. The Buccaneers are also very active in the community, with the Tampa Bay Buccaneers Foundation and the Glazer Vision Foundation. For more information, visit www.buccaneers.com.

    Media Contact
    Patrick Allen
    patrick.allen@dayforce.com
    (647) 417-2208

    The MIL Network

  • MIL-OSI: M Love Vintage Holdings Inc. Embarks on New Era of Luxury Vintage Fashion Under The Now Corporation

    Source: GlobeNewswire (MIL-OSI)

    PASADENA, Calif., April 09, 2025 (GLOBE NEWSWIRE) — The Now Corporation (OTC: NWPN) (“The Company”) is proud to spotlight the evolution and resurgence of classic American style through its wholly owned subsidiary, M Love Vintage Holdings Inc. Building upon the iconic legacy established by Chuck’s Vintage—a name synonymous with high-quality, timeless denim and authentic Americana fashion—M Love Vintage Holdings is taking bold steps toward redefining the vintage luxury market with a new production line designed to inspire today’s leading designers and stylists.

    The original Chuck’s Vintage store, once a go-to destination for celebrities, designers, and fashion aficionados in Los Angeles, carved out a unique identity within the fashion landscape. Its curated collection of heritage denim, military pieces, and vintage garments created a cult following, drawing admiration from global fashion houses and cultural icons. Now, M Love Vintage Holdings is harnessing that legacy, bringing a modern edge to the brand’s timeless appeal, and positioning itself at the forefront of the luxury vintage fashion movement.

    “We are honored to carry forward the legacy of Chuck’s Vintage through M Love Vintage Holdings,” stated Alfredo Papadakis, CEO of The Now Corporation. “Our mission is to preserve the soul of classic American fashion while expanding its reach and relevance for a new generation of creatives. By developing a specialized production line tailored to contemporary designers, we’re not only reviving the heritage—we’re reimagining it.”

    This strategic initiative marks a pivotal moment for M Love Vintage Holdings, as the brand prepares to launch a bespoke collection that blends old-world craftsmanship with modern design sensibilities. The upcoming production line will feature meticulously restored vintage textiles, upcycled denim, and limited-edition capsule pieces that reflect both historical authenticity and sustainable innovation.

    Reinventing the Classics for Today’s Visionaries

    At the heart of M Love Vintage Holdings’ growth strategy is its commitment to creativity, quality, and collaboration. The new designer-focused line will serve as a premium resource for fashion houses, independent labels, and stylists seeking inspiration from authentic vintage aesthetics while contributing to sustainable fashion practices.

    In an industry increasingly driven by the convergence of history and innovation, M Love Vintage Holdings is carving out a space where nostalgia meets cutting-edge design. Each garment will tell a story—whether through hand-sourced military surplus jackets, mid-century denim finds, or custom-tailored silhouettes inspired by classic Americana.

    “Fashion is a reflection of culture, and vintage fashion is a mirror of time. Our goal is to empower today’s designers by giving them access to rare, high-quality vintage pieces that can be reinterpreted in exciting, sustainable ways,” added Papadakis.

    Reviving a Beloved Brand for a Global Audience

    The resurgence of M Love Vintage Holdings under The Now Corporation’s umbrella signals a larger commitment to heritage branding and the elevation of vintage fashion as a luxury category. As global consumers continue to embrace circular fashion models, M Love Vintage Holdings is ideally positioned to serve this growing demand with authenticity, quality, and a deep-rooted story that resonates.

    By leveraging the foundation laid by Chuck’s Vintage, M Love Vintage Holdings is set to become an influential force in the evolving fashion economy. With plans to expand its digital presence, launch exclusive partnerships, and introduce a series of limited-edition drops, the company is cultivating a vibrant ecosystem around collectible vintage fashion and timeless design.

    What’s Next for M Love Vintage Holdings:

    As 2025 unfolds, fashion insiders and enthusiasts alike can expect a series of strategic updates from M Love Vintage Holdings, including:

    • The launch of a signature designer capsule collection.
    • Expansion of e-commerce and digital storytelling platforms.
    • Collaborations with sustainability-focused influencers and stylists.
    • Behind-the-scenes content showcasing restoration processes and vintage sourcing.

    Stay connected with M Love Vintage Holdings as the company unveils its next chapter—where heritage craftsmanship meets innovative design and Chuck’s Vintage’s legacy lives on through every stitch and silhouette.

    About The Now Corporation:
    The Now Corporation (OTC: NWPN) is committed to advancing clean energy solutions through its subsidiary, Green Rain Solar Inc. Green Rain Solar focuses on urban rooftop solar installations and grid-connected power solutions, targeting markets with high energy costs. By combining state-of-the-art solar and battery technologies, The Now Corporation is dedicated to driving innovation and sustainability in the renewable energy sector. Please visit: https://greenrainenergy.com/

    Legal Notice Regarding Forward-Looking Statements
    This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the safe harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward- looking in nature and subject to risks and uncertainties. This includes the possibility that the business outlined in this press release may not be concluded due to unforeseen technical, installation, permitting, or other challenges. Such forward-looking statements involve risks, uncertainties, and other factors that may cause the actual results, performance, or achievements of The Now Corporation to differ materially from those expressed herein. Except as required under U.S. federal securities laws, The Now Corporation undertakes no obligation to publicly update any forward-looking statements as a result of new information, future events, or otherwise.

    For press inquiries, please contact:
    Michael Cimino
    Michael@pubcopr.com

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/e716abfd-17a9-49e9-937e-80626e4e35eb
    https://www.globenewswire.com/NewsRoom/AttachmentNg/c934e39a-a945-41e3-aa67-ebaa04e751ed
    https://www.globenewswire.com/NewsRoom/AttachmentNg/b0e4f836-71c8-4f53-857d-4de14316f515

    A video accompanying this announcement is available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d2894fcf-6158-445f-bb8d-e6b1ef1ba811

    The MIL Network

  • MIL-OSI Economics: Samsung and Google Cloud Expand Partnership, Bring Gemini to Ballie, a Home AI Companion Robot by Samsung

    Source: Samsung

    Samsung and Google Cloud today announced an expanded partnership to bring Google Cloud’s generative AI technology to Ballie, a new home AI companion robot from Samsung. Available to consumers this summer, Ballie will be able to engage in natural, conversational interactions to help users manage home environments, including adjusting lighting, greeting people at the door, personalizing schedules, setting reminders, and more.1
    “Through this partnership, Samsung and Google Cloud are redefining the role of AI in the home,” said Yongjae Kim, Executive Vice President of the Visual Display Business at Samsung Electronics. “By pairing Gemini’s powerful multimodal reasoning with Samsung’s AI capabilities in Ballie, we’re leveraging the power of open collaboration to unlock a new era of personalized AI companion—one that moves with users, anticipates their needs, and interacts in more dynamic and meaningful ways than ever before.”

    Ballie will use Gemini’s multimodal capabilities along with proprietary Samsung language models to process and understand a variety of inputs, including audio and voice, visual data from its camera, and sensor data from its environment. This will allow it to adapt its behaviors and responses in real-time. For instance, if you’re not sure what to wear to work in the morning, you can turn to Ballie for advice. Users could ask, “Hey Ballie, how do I look?” and Ballie can respond with styling recommendations, such as trying new accessories or adding a colorful shirt.
    With enhanced reasoning enabled by Gemini, Ballie will be able to help users manage not only their home, but also their health and wellbeing. For example, a user could tell Ballie, “I feel tired today.” Ballie could then use Gemini’s grounding in Google Search to give tailored advice on how to improve their energy levels, including sharing recommendations from trusted sources on how to get more exercise, optimize their sleeping environment, or monitor their sleep patterns.

    MIL OSI Economics

  • MIL-OSI Global: How windfalls from commodity price booms come back to bite exporters

    Source: The Conversation – UK – By Lotanna Emediegwu, Senior Lecturer in Economics, Manchester Metropolitan University

    Zhengzaishuru/Shutterstock

    When the wholesale prices of essential goods like food or oil suddenly rise, it can cause deep shifts in the economy that upend trade balances and hike inflation rates. This is known as a commodity price boom.

    The outbreak of war in Ukraine in February 2022 spurred European and US sanctions on Russian oil companies which restricted global oil supply. The ensuing shock hiked energy prices in the international market and meant that the price of Brent crude, a global benchmark for oil prices, reached US$122 (£95) a barrel on March 21 that year, its highest level since 2015.

    Price inflation has forced households in importing nations like the UK to pay a premium to fill up cars. It has also raised food prices, as the cost of shipping food to supermarkets and restaurants has increased, as well as utility bills.

    Meanwhile resource-rich exporter nations can make a killing and choose to use the additional revenue to subsidise energy for consumers, issue rebates, or increase funding for public services. Less evident, but no less significant however, are the environmental consequences of these booms.

    A study I published with colleagues showed that democratic nations in oil-rich regions, such as sub-Saharan Africa, are especially prone to increasing pollution when the oil price suddenly soars. This phenomenon stems from the need to ramp up production quickly, to capitalise on fleeting price hikes, which economies with less democratic oversight are able to bypass.

    These (ostensibly) democratic economies appear most attentive to market signals, and in their unbridled rush for quick economic gain, typically raise pollution as they extract and sell more. This is especially true with oil extraction, which produces pollutants linked to cancer.

    We investigated global commodity price booms using the commodity windfall index. This is a collection of prices that market analysts collate to track changes and detect booms as they develop. We measured the effect of price booms on the environment by analysing how air pollution changed in producer countries when the prices of commodities in the index changed.

    The index covers 40 commodities across energy, metals, food and beverages, and agricultural raw materials such as wheat. One is particularly damaging to the environment: oil production.

    The top five oil producers as of 2023 (the most recent year for which data exists) are developed nations: the US (22%), Saudi Arabia (11%), Russia (11%), Canada (6%), and China (5%). As global exporters, all benefit from windfalls caused by oil price spikes.

    Increasing commodity prices justify more intense exploration for new reserves. In the case of oil exploration, this involves seismic surveys, drilling and the use of heavy machinery which consumes lots of fossil energy and releases greenhouse gases like CO₂.

    Oil price surges could make democracies less green

    Among oil-producing and exporting economies, democratic nations are more likely to experience increased pollution during commodity windfalls, compared with autocratic regimes. We characterised democracies by the presence of competitive political participation and regular free and fair elections, among other qualities.

    This is because democratic nations are particularly prone to ramping up resource extraction during price booms. Political pressures drive this tendency, as governments seek to fund popular initiatives or bolster public services before elections. For example, in the US during the 2008 oil price spike, president George W. Bush advocated for increased domestic oil drilling and natural gas extraction with an aim to reduce energy prices and create jobs.

    Autocratic regimes might appear less urgent to exploit commodity windfalls. There are, after all, fewer electoral or public accountability considerations. However, one-party state China’s position as the world’s largest polluter is primarily due to its manufacturing base, not raw material extraction.

    The environmental consequences of commodity booms are a global issue that requires cooperation to solve.

    Developing regions like sub-Saharan Africa and the Caribbean will struggle to reduce emissions from extractive activities, as much economic growth here depends on it. The US$300 billion (£235 billion) annual climate funding pledge for developing countries, agreed at the most recent UN climate summit in Azerbaijan, is not enough to finance the creation of new industries.

    Advanced economies, which bear historical responsibility for the majority of global emissions, must take the lead in addressing this imbalance. This involves both reducing their emissions and providing substantial financial and technical support to resource-dependent nations. A failure to do so would perpetuate global inequalities, as developing nations are asked to sacrifice economic growth for environmental goals while industrialised countries continue to expand their economies.

    The challenge, then, is not just in managing the financial rewards of commodity booms, but in ensuring they do not come at an unsustainable environmental cost.

    Lotanna Emediegwu 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. How windfalls from commodity price booms come back to bite exporters – https://theconversation.com/how-windfalls-from-commodity-price-booms-come-back-to-bite-exporters-244878

    MIL OSI – Global Reports