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Category: KB

  • MIL-OSI Submissions: Business – Hellmann expands footprint in Americas region with launch of fully-owned operations in Colombia

    Source: Hellmann Worldwide Logistics

    Osnabrueck / Bogotá, July 16, 2025. Hellmann Worldwide Logistics today announced the opening of its new fully-owned subsidiary in Colombia. The launch represents a strategic milestone in the company’s network expansion across the Americas and underscores its commitment to sustainable, long-term growth.

    Hellmann has been active in Colombia for almost 30 years through local partner companies, establishing a strong market presence, in-depth local expertise, and a reliable network. Earlier this year Hellmann acquired its perishables partner HPL Apollo, including the HPL entity in Colombia. Following this acquisition, the company has further strengthened its footprint in the country by formally establishing its own subsidiary specializing in end-to-end logistics for general cargo and other verticals including airfreight, seafreight, customs brokerage, and contract logistics supported by an experienced team of supply chain professionals. Customers and partners can leverage Colombia as a new strategic hub for both inbound and outbound flows, enhancing connectivity to North and South American markets as well as global trade lanes supported by the extensive Hellmann network.

    “Following the takeover of HPL Apollo in the United States and the inclusion of its Colombian operations, establishing a fully integrated own country organization in Colombia marks another milestone in our global expansion strategy. The Americas is a key market for us, and this development strengthens our presence and enhances our ability to serve customers across this strategically important region,” says Jens Drewes, CEO Hellmann Worldwide Logistics.

    “After seven successful years of collaboration with our local partner ABC Cargo Logistics S.A.S., we are proud to take the next step by establishing our own Hellmann operations in Colombia,” said Peter Huwel, Regional Chief Executive Officer, Americas. “This launch strengthens our ability to deliver the high-quality, integrated logistics solutions our customers expect from Hellmann, while positioning us to drive continued growth across the region.”

    The Colombian opening further consolidates Hellmann’s presence in Latin America and aligns with the company’s ambition to connect the Americas’ markets, people, and opportunities with efficiency, innovation, and commitment.

    Über Hellmann
    Hellmann Worldwide Logistics ist ein globaler Logistikdienstleister mit einem umfassenden Dienstleistungsportfolio, das Luft- und Seefracht, Straßen- und Schienentransport sowie Kontraktlogistik umfasst. Mit einem Jahresumsatz von EUR 3,8 Mrd. und rund 12.000 Mitarbeiter*innen in 61 Ländern bewegt Hellmann jährlich über 20 Mio. Sendungen. Auf Basis dieser breiten Produktpalette und langjährigen Erfahrung bietet Hellmann innovative Logistiklösungen für die komplexen Anforderungen jedes einzelnen Kunden und setzt auf visionäre technische Produkte, um maximale Kundentransparenz zu gewährleisten und gleichzeitig eine effizientere Lieferkette zu schaffen.

    About Hellmann
    Hellmann Worldwide Logistics is a global logistics service provider with a comprehensive service portfolio that includes air- and seafreight, road and rail transport, and contract logistics. With annual sales of EUR 3.8 bn and around 12,000 employees in 61 countries, Hellmann moves over 20 mio shipments annually. Based on this broad product range and many years of experience, Hellmann offers innovative logistics solutions for the complex requirements of each individual customer and relies on visionary technical products to ensure maximum customer transparency while creating a more efficient supply chain.

    MIL OSI – Submitted News –

  • MIL-OSI USA: Capito, Colleagues Advocate for Critical Education Funding

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    WASHINGTON, D.C. – U.S. Senator Shelley Moore Capito (R-W.Va.), chairman of the Senate Appropriations Subcommittee on Labor, Health and Human Services, Education, and Related Agencies (Labor-HHS), led a group of her colleagues in sending a letter to Russell Vought, Director of the White House Office of Management and Budget (OMB), advocating to release anticipated education formula funding—an issue she has heard about directly from impacted individuals.

    Specifically, the letter requests that the administration implement the Fiscal Year (FY) 2025 Full-Year Continuing Resolution Act, which President Trump signed into law earlier this year. This legislation contains critical funding that states rely on to help students, families, and local economies.

    In addition to Senator Capito, the following senators signed the letter: John Boozman (R-Ark.), Katie Britt (R-Ala.), Susan Collins (R-Maine), Deb Fischer (R-Neb.), John Hoeven (R-N.D.), Jim Justice (R-W.Va.), Mitch McConnell (R-Ky.), Lisa Murkowski (R-Alaska), and Mike Rounds (R-S.D.).

    Full text of the letter can be found here or below.

    Dear Director Vought, 

    We write to ask you to faithfully implement the Fiscal Year (FY) 2025 Full-Year Continuing Resolution Act, which President Trump signed into law earlier this year, including the education formula funds that states anticipated receiving on July 1, 2025.

    The Continuing Resolution contained funding for Supporting Effective Instruction State Grants; 21st Century Community Learning Centers; Student Support and Academic Enrichment Grants; English Language Acquisition; Migrant Education; Adult Basic and Literacy Education State Grants (including Integrated English Literacy and Civics Education State Grants). Withholding these funds will harm students, families, and local economies.

    The decision to withhold this funding is contrary to President Trump’s goal of returning K-12 education to the states. This funding goes directly to states and local school districts, where local leaders decide how this funding is spent, because as we know, local communities know how to best serve students and families. Withholding this funding denies states and communities the opportunity to pursue localized initiatives to support students and their families.

    We share your concern about taxpayer money going to fund radical left-wing programs. However, we do not believe that is happening with these funds. These funds go to support programs that enjoy longstanding, bipartisan support like after-school and summer programs that provide learning and enrichment opportunities for school aged children which also enables their parents to work and contribute to local economies. 

    These funds also go to support adult learners. These students are often adults seeking second chances for a myriad of reasons, for example, caregiving responsibilities or financial challenges. These are adult learners working to gain employment skills, earn workforce certifications, or transition into postsecondary education. We should be making educational opportunities easier for these students, not harder. 

    We welcome the opportunity to work with you and Secretary McMahon to ensure that all federal education funding goes towards programs that help states and school districts provide students an excellent education. We want to see students in our states and across the country thrive, whether they are adult learners, students who speak English as a second language, or students who need after-school care so that their parents can work. We believe you share the same goal.

    We encourage you to reverse your decision and release this Congressionally-approved funding to states. 

    Thank you for your attention to this request, and we look forward to your prompt reply.

    Sincerely,

    MIL OSI USA News –

  • MIL-OSI USA: Chairman Capito Highlights Surface Transportation Priorities from Stakeholder Experiences

    US Senate News:

    Source: United States Senator for West Virginia Shelley Moore Capito

    [embedded content]

    To watch Chairman Capito’s questions, click here or the image above.

    WASHINGTON, D.C. – Today, U.S. Senator Shelley Moore Capito (R-W.Va.), Chairman of the Senate Environment and Public Works (EPW) Committee, led a hearing on constructing the Surface Transportation Reauthorization Bill with stakeholders’ perspectives.

    During her questions, Chairman Capito asked about the role of the Surface Transportation Reauthorization Bill regarding economic development, and how permitting reform remains key in the efficient development of our country’s surface transportation network.  

    HIGHLIGHTS:

    IMPORTANCE OF SURFACE TRANSPORTATION REAUTHORIZATION FOR ECONOMIC GROWTH:

    Chairman Capito:

    “In each individual ways, you’ve talked about the importance of the surface transportation network and what reauthorization will mean to you, in terms of economic and job growth. I want to dig down a little bit more on that. Is it the predictability, the affordability, the flexibility? What would you point to as from your standpoint as governor, and then we’ll go down the panel, to how this will impact your economic growth and job creation abilities?”

    Governor Kelly Armstrong (R-N.D.), on behalf of the National Association of Governors:

    “All of the above, but I think, you know, I have the opportunity to serve here too. We spend money inefficiently, and we’re required to do that because you go a decade without any increase in funding, and then things turn to whatever. The more predictability and foresight you can push onto us, the less money we will spend to build the same project.”

    Austin Ramirez, CEO, Husco International Inc., on behalf of the National Association of Manufacturers:

    “I mentioned supply chain in my comments, and I think it’s a real issue. We’ve got rural facilities, and having surface transportation to those facilities that is efficient and well maintained is really important. But you know, another really big one is, my main facility is outside Milwaukee, Wisconsin, and the main East-West Corridor I-94 has been caught up in litigation for years, so I’ve got employees that spend hours a day stuck in traffic because we can’t execute projects that we’ve already agreed to do.”

    PERMITTING REFORM:

    Chairman Capito:

    “I think there’s a lot of similarities, and what everybody’s saying from the different standpoints of where you are. Permitting is something that Senator Whitehouse and I, and our staffs, talk about almost daily. We know that this is at the heart of the efficiency that I think most folks – and how the dollars can go farther than they can.”

    Click HERE to watch Chairman Capito’s opening statement.

    Click HERE to watch Chairman Capito’s questions.

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn, Cruz Provision to Bring Space Shuttle Discovery to Houston Signed Into Law in One Big Beautiful Bill

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    WASHINGTON – U.S. Senators John Cornyn (R-TX) and Ted Cruz (R-TX) released the following statements on their provision to consider moving the Space Shuttle Discovery from Virginia to its rightful home near the National Aeronautics and Space Administration’s (NASA) Johnson Space Center (JSC) in Houston getting signed into law by President Trump in the One Big Beautiful Bill Act:

    “Houston has long been the cornerstone of our nation’s human space exploration program, and it’s overdue for Space City to receive the recognition it deserves by bringing the Space Shuttle Discovery home,” said Sen. Cornyn. “I am glad to see this provision become law as part of the One Big Beautiful Bill and look forward to welcoming Discovery to Houston and righting this egregious wrong.”

    “Houston has long stood at the heart of America’s human spaceflight program, and this legislation rightly honors that legacy,” said Senate Committee on Commerce, Science, & Transportation Chairman Cruz. “It ensures that any future transfer of a flown, crewed space vehicle will prioritize locations that have played a direct and vital role in our nation’s manned space program, making Houston, Texas, a leading candidate. Bringing such a historic space vehicle to the region would underscore the city’s indispensable contributions to our space missions, highlight the strength of America’s commercial space partnerships, and inspire future generations of engineers, scientists, and pioneers who will carry our legacy of American leadership in space.”

     Background:

    The Senators’ provision will result in consideration of the Space Shuttle Discovery moving from Virginia to its rightful home near NASA’s JSC in Houston.

    Mission Control at NASA’s Johnson Space Center led all of the space shuttle flights throughout the program’s history, and the astronauts who flew aboard the shuttles lived and trained in the area Houston. Four space shuttles were retired from NASA in 2010, and one of them was expected to go on display in the Space City. Congress stated in the NASA Authorization Act of 2010 that the four space shuttles were to be given to states with a “historical relationship with either the launch, flight operations, or processing of the Space Shuttle orbiters or the retrieval of NASA-manned space vehicles, or significant contributions to human space flight.” Unfortunately, this directive was unlawfully ignored by the Obama administration, who played politics to keep Houston from getting one of the shuttles. Notably, the administration gave one of the four shuttles to New York City, which has not made any major contributions to the nation’s history of space exploration and is not home to a NASA center—unlike Houston. The Space Shuttle Discovery should be transferred to Houston. This legislation would authorize the movement of the Space Shuttle Discovery from the Smithsonian’s National Air and Space Museum’s Steven F. Udvar-Hazy Center in Virginia to an entity near the JSC in Houston.

    Additional space-related provisions led by Sen. Cornyn, including the Mission to Modernize Astronautic Resources (MARS) for Space Act, nearly $10 billion in NASA funding for programs at JSC, funding for National Aeronautics and Space Administration’s (NASA) Artemis program, and resources to support the International Space Station (ISS), were also signed into law as part of this legislation on July 4, 2025. 

    MIL OSI USA News –

  • MIL-OSI USA: Cornyn Meets with The LIBRE Initiative

    US Senate News:

    Source: United States Senator for Texas John Cornyn

    U.S. Senator John Cornyn (R-TX) met yesterday with The LIBRE Initiative President Daniel Garza and LIBRE Texas leaders to discuss the benefits of the One Big Beautiful Bill, which prevents hardworking Texans from facing the largest tax hike in American history, supports small businesses, promotes job growth, and bolsters border security. See photo below.

    MIL OSI USA News –

  • MIL-OSI New Zealand: Employment – Union for local government workers supports LGNZ recommendations to improve voter turnout

    Source: PSA

    The PSA supports Local Government New Zealand’s (LGNZ) recommendations for a return to in-person voting at local elections, and for the Electoral Commission take over running and publicising local elections.
    The Public Service Association Te Pūkenga Here Tikanga Mahi represents over 11,000 local government workers, and has a total membership of over 96,000 people living, paying rates and voting across the country.
    Currently local bodies are responsible for running their own elections, and most contract that job out to private firms.
    “Private companies should not be running local body elections, it is not appropriate for something so important to the functioning of local democracy,” said PSA National Secretary Fleur Fitzsimons.
    “The Electoral Commission is publicly accountable and already has a track record for delivering Parliamentary elections, we call on central government to give the Electoral Commission this role, with the proper resourcing to do it.”
    “In person voting will help turn around the poor turnout rates in local elections,” said Fitzsimons. “We need to see much greater participation and a more well-informed and engaged voting public.”
    The Public Service Association Te Pūkenga Here Tikanga Mahi is Aotearoa New Zealand’s largest trade union, representing and supporting more than 95,000 workers across central government, state-owned enterprises, local councils, health boards and community groups.

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Property Market – Investor comeback: ‘Mums and Dads’ are eyeing up cheaper, existing properties – Cotality

    Source: Commentary from Kelvin Davidson, Cotality NZ Chief Property Economist

    Cotality’s latest Buyer Classification data for June is in and it offers a full view of buyer behaviour across New Zealand for Q2. The figures point to a resilient and active first home buyer segment amid ongoing (but slightly lesser) affordability challenges. At the same time, ‘Mum and Dad’ investors continue to raise their activity levels, gravitating towards more affordable parts of the market.

    First home buyers still strong
    Over the three months to June, the broad tr

    MIL OSI New Zealand News –

  • MIL-OSI New Zealand: Tourism – Southern Discoveries puts new emergency survival equipment to the test

    Source: Southern Discoveries

    Southern Discoveries has become the first tourism company in Milford Sound to be AF8-ready with specialist emergency survival equipment.

    The longest-running Milford Sound cruise operator has fitted out its entire fleet of vehicles, including five coaches seating up to 250 people, with survival gear specifically designed for major earthquake events.
     
    And the initiative has already got the attention of tourism trade partners.
     
    Yesterday, Southern Discoveries’ coach team and senior managers attended a simulated training exercise near Queenstown to familiarise themselves with the life-saving gear they may need in an emergency situation. The drill at Wilson’s Bay saw staff simulate realistic earthquake scenarios, practising shelter setup and testing rescue tools with the new equipment.
     
    The specialist survival equipment has been supplied by Christchurch-based company The Survival Co., whose owner Peter Gillman was on-site during yesterday’s training exercises.
     
    Gillman says Southern Discoveries’ investment in such an extensive range of survival and medical gear puts them ahead of others in the industry.
     
    “Southern Discoveries is the first tourism operator to take this level of equipment from The Survival Co.,” he says. “They’ve taken the approach that if you’re going to do it, you should do it properly, and that’s exactly what’s been achieved.”
     
    The Survival Co. created a tailor-made package for the company, considering the additional challenges of remote locations like Milford Sound.
     
    “We looked at the scenarios people might find themselves in and what particular hazards exist in these areas. This gear provides an opportunity to keep people safe and comfortable during an emergency situation until help arrives.”
     
    Each of Southern Discoveries’ five coaches is now equipped with long-life food supplies, bottled water, purification tablets, emergency shelter, headlamps, waterproof ponchos, survival blankets, personal hygiene items, and stretchers. The gear also includes four-person survival self-rescue backpacks, enabling passengers and drivers to evacuate safely if required, plus satellite communication devices with SOS and two-way texting capabilities to maintain contact in remote areas.
     
    Survival packs will be placed in nine company vehicles and all coaches will carry Heartshine Samaritan AEDs (Automated External Defibrillators) for immediate medical response capabilities. Grab-and-go packs have been placed in staff housing in Milford Sound.
     
    Southern Discoveries CEO Kerry Walker says the delivery of the gear aligns with the company’s goal of continuously improving and ensuring safety for guests and staff at all times.
     
    “We operate in a region with significant seismic risks, so it’s our responsibility to be prepared for any eventuality. This equipment provides genuine peace of mind for our staff, guests, and the local community,” Walker explains.
     
    The proactive safety initiative has already received strong support from Southern Discoveries’ international trade partners, particularly agents from the United States and Japan, who value the company’s commitment to safety standards.
     
    “We know our travel agent partners place high value on safety for their clients, so we’re delighted to be able to provide this level of comfort,” Walker adds.
     
    While Gillman notes his company is seeing increased interest from city councils and Civil Defence organisations, and is encouraged to see more tourism operators starting to invest in high-level survival equipment.
     
    Walker adds: “We’re proud to position ourselves as industry leaders in emergency preparedness, but we also want to encourage others to work with The Survival Co., who are experts in this area. One of Southern Discoveries’ major trade partners has already contacted The Survival Co. to discuss obtaining safety gear for their organisation.”
     
    About Southern Discoveries

    Southern Discoveries is a local, family-owned company dedicated to sharing some of New Zealand’s most iconic scenery and extraordinary experiences with the world. Operating for more than 70 years, Southern Discoveries is Milford Sound’s original cruise operator, offering a wide range of incredible sightseeing and adventure activities in Fiordland. The company maintains an ongoing commitment to the conservation of Aotearoa’s environment through sustainable tourism initiatives and the support of the Tawaki Project in partnership with DoC, the Fiordland Conservation Trust and the University of Otago.
    www.southerndiscoveries.co.nz

    MIL OSI New Zealand News –

  • MIL-OSI: Great Southern Bancorp, Inc. Reports Preliminary Second Quarter Earnings of $1.72 Per Diluted Common Share

    Source: GlobeNewswire (MIL-OSI)

    SPRINGFIELD, Mo., July 16, 2025 (GLOBE NEWSWIRE) — Great Southern Bancorp, Inc. (the “Company”) (NASDAQ:GSBC), the holding company for Great Southern Bank (the “Bank”), today reported that preliminary earnings for the three months ended June 30, 2025, were $1.72 per diluted common share ($19.8 million net income) compared to $1.45 per diluted common share ($17.0 million net income) for the three months ended June 30, 2024.

    For the quarter ended June 30, 2025, annualized return on average common equity was 12.81%, annualized return on average assets was 1.34%, and annualized net interest margin was 3.68%, compared to 12.03%, 1.17% and 3.43%, respectively, for the quarter ended June 30, 2024.

    Second Quarter 2025 Key Results:

    • Net Interest Income: Net interest income for the second quarter of 2025 increased $4.2 million (or approximately 8.9%) to $51.0 million compared to $46.8 million for the second quarter of 2024, largely driven by lower interest expense on deposit accounts and other borrowings. Annualized net interest margin was 3.68% for the quarter ended June 30, 2025, compared to 3.43% for the quarter ended June 30, 2024, and 3.57% for the quarter ended March 31, 2025. During the quarter ended June 30, 2025, the Company recorded $434,000 of interest income related to recoveries on non-accrual loans and other cash-basis assets, positively affecting net interest income and net interest margin.
    • Asset Quality: Non-performing assets and potential problem loans totaled $15.3 million at June 30, 2025, a decrease of $1.3 million from $16.6 million at December 31, 2024. At June 30, 2025, non-performing assets were $8.1 million (0.14% of total assets), a decrease of $1.5 million from $9.6 million (0.16% of total assets) at December 31, 2024.
    • Liquidity: The Company had secured borrowing line availability at the FHLBank and Federal Reserve Bank of $1.22 billion and $338.9 million, respectively, at June 30, 2025. In addition, at June 30, 2025, the Company had unpledged securities with a market value totaling $349.3 million, which could be pledged as collateral for additional borrowing capacity at either the FHLBank or Federal Reserve Bank.
    • Capital: The Company’s capital position remained strong as of June 30, 2025, significantly exceeding the thresholds established by regulators. On a preliminary basis, as of June 30, 2025, the Company’s Tier 1 Leverage Ratio was 11.5%, Common Equity Tier 1 Capital Ratio was 13.0%, Tier 1 Capital Ratio was 13.5%, and Total Capital Ratio was 14.7%. The Company’s tangible common equity to tangible assets ratio was 10.5% at June 30, 2025. In June 2025, the Company redeemed at par all of its outstanding subordinated notes, which had an aggregate principal amount of $75.0 million.
    • Significant Item Impacting Non-Interest Income: In the quarter ended June 30, 2025, the Company recorded income of $1.1 million related to exits from, and other activities of, its investments in tax credit partnerships. This was an unusually large amount for the Company, but this type of income occurs from time to time. We cannot, however, anticipate the amount or timing of this income with certainty.

    Selected Financial Data:

      Three Months Ended
        June 30,     June 30,   March 31,
        2025     2024     2025
        (Dollars in thousands, except per share data)
                           
    Net interest income $ 50,963     $ 46,818     $ 49,334  
    Provision (credit) for credit losses on loans and unfunded commitments   (110 )     (607 )     (348 )
    Non-interest income   8,212       9,833       6,590  
    Non-interest expense   35,005       36,409       34,822  
    Provision for income taxes   4,494       3,861       4,290  
                     
    Net income $ 19,786     $ 16,988     $ 17,160  
                     
    Earnings per diluted common share $ 1.72     $ 1.45     $ 1.47  
                           

    Joseph W. Turner, President and CEO of Great Southern, commented, “The second quarter was marked by continued execution of our strategy to maintain core banking fundamentals, drive earnings, and improve tangible book value per share. Our core credit and operating metrics remained sound, with solid quarterly profitability driven by steady margins, ongoing disciplined expense control, and continued strong credit quality. We reported net income of $19.8 million, or $1.72 per diluted common share, for the second quarter of 2025, compared to $17.0 million, or $1.45 per diluted common share, in the same period last year. The increase in net income compared to the prior year quarter reflects strong growth in net interest income, which rose $4.2 million, or 8.9%, largely due to lower interest expense on deposit accounts and borrowings. The second quarter of 2025 and 2024 each had significant unusual or non-recurring items included in non-interest income, which are noted elsewhere in this earnings release. Non-interest expense also decreased from the year-ago quarter due to significant legal and professional fees recorded in 2024.”

    Turner noted, “Despite lingering external economic pressures, our core operations continued to perform well. Total interest income for the second quarter of 2025 was $81.0 million, reflecting stable yields on loans and investment securities. Net interest income for the quarter increased to $51.0 million, supported by our continued disciplined asset-liability management and lower deposit interest costs, despite competitive pressures. We also saw stability in our core non-time deposit balances, reflecting the strength of customer relationships and the enduring value of our franchise.”

    Turner added, “Our balance sheet remains well positioned, with total assets of approximately $5.85 billion at June 30, 2025, and a loan portfolio that reflects a balanced approach to growth and risk management, as we serve our constituent markets. We emphasize prudent lending practices through our relationship-based lending resulting in strong credit quality. Given our emphasis on balancing loan growth with appropriate pricing and loan structure, we saw a $156 million net loan reduction in the quarter, which included a $30 million loan payoff at the end of the quarter. Large loan payoffs tend to fluctuate, but we did experience a higher level of such payoffs in the second quarter of 2025. Our allowance for credit losses stood at $64.8 million at June 30, 2025, representing 1.41% of total loans. Our non-performing assets decreased $1.5 million from both March 31, 2025, and December 31, 2024, to $8.1 million, or 0.14% of total assets, highlighting our prudent underwriting standards and ongoing credit monitoring.”

    Turner further noted, “On the expense side, we remain focused on operating discipline. Non-interest expense totaled $35.0 million for the second quarter of 2025, an improvement of $1.4 million from the prior-year second quarter, with reductions in legal and professional fees and expense on other real estate owned, partially offset by modest increases in technology investments. Non-interest income totaled $8.2 million for the second quarter of 2025, which did include some significant unusual income as we’ve noted.”

    Turner continued, “As we look ahead, our priorities remain consistent: control costs, safeguard credit quality, and optimize our funding mix to enable continued growth and long-term financial stability. At June 30, 2025, our capital and liquidity positions were solid, with a tangible common equity ratio of 10.5% and approximately $2.2 billion of secured available lines and on-balance sheet liquid assets, providing us with the capital and liquidity we need to support customers, pursue strategic growth opportunities, and continue returning value to shareholders through dividends and share repurchases. In the second quarter of 2025 we repurchased nearly 176,000 shares of our common stock. In June 2025, we redeemed all of the Company’s outstanding 5.50% fixed-to-floating rate subordinated notes, with an aggregate principal balance of $75 million, in advance of a step up in rate, thereby avoiding a significant increase in interest cost.”

    “Great Southern’s second-quarter 2025 results demonstrate the strength and consistency of our business model and our ability to deliver sustainable returns, supported by strong customer relationships and disciplined management. Our focus on long-term value creation is steadfast as our team works daily to meet the needs of our customers, communities and shareholders,” Turner concluded.

    NET INTEREST INCOME

      Three Months Ended
        June 30,     June 30,   March 31,
        2025     2024   2025
        (Dollars in thousands)
    Interest Income $ 80,975     $ 80,927     $ 80,243  
    Interest Expense   30,012       34,109       30,909  
                           
    Net Interest Income $ 50,963     $ 46,818     $ 49,334  
                     
    Net interest margin   3.68 %     3.43 %     3.57 %
    Average interest-earning assets to average interest-bearing liabilities   126.9 %     126.7 %     125.5 %
                           

    Net interest income for the second quarter of 2025 increased $4.2 million to $51.0 million, compared to $46.8 million for the second quarter of 2024. This increase in net interest income was driven primarily by higher investment interest income and improved overall yields, as well as the strategic management of maturing/repricing brokered deposits and interest-bearing demand deposits to reduce interest expense. Net interest margin was 3.68% in the second quarter of 2025, compared to 3.43% in the same period of 2024 and 3.57% in the first quarter of 2025. Compared to the 2024 second quarter, the average yield on loans decreased 11 basis points, the average yield on investment securities increased 27 basis points and the average yield on other interest earning assets decreased 101 basis points. The average rate paid on interest-bearing demand and savings deposits, time deposits and brokered deposits decreased 36 basis points, 63 basis points and 74 basis points, respectively, in the three months ended June 30, 2025 compared to the three months ended June 30, 2024. The average interest rate spread was 3.09% for the three months ended June 30, 2025, compared to 2.77% for the three months ended June 30, 2024 and 3.00% for the three months ended March 31, 2025.

    Net interest margin was positively impacted by the receipt of interest income which had not been accrued for, as outlined above, under “Second Quarter 2025 Key Results – Net Interest Income.” This additional interest income contributed three basis points to net interest margin in the second quarter of 2025. While we currently believe that interest income recoveries such as this may occur in future periods, we cannot anticipate the amount or timing of this income with certainty.

    The average rate paid on total interest-bearing liabilities decreased from 3.17% in the 2024 second quarter to 2.75% in the 2025 second quarter. The average rates paid on deposits and borrowings decreased compared to the prior-year second quarter as market interest rates, primarily the federal funds rate and SOFR rates, declined in the fourth quarter of 2024. Yields on the Company’s portfolio of investment securities increased compared to the prior-year second quarter due to higher-yielding securities purchased in the second quarter of 2024. While market interest rates decreased compared to the second quarter of 2024, the average yield on loans only decreased slightly as cash flows from lower-rate fixed rate loans were redeployed into loans with comparably higher rates of interest.

    To mitigate exposure to the risk of fluctuations in future cash flows resulting from changes in interest rates (primarily related to falling interest rates), the Company has, from time to time, strategically utilized derivative financial instruments, primarily interest rate swaps, as part of its interest rate risk management strategy.

    The following table presents, for the periods indicated, the effect of cash flow hedge accounting included in interest income in the consolidated statements of income:

      Three Months Ended
        June 30,     June 30,   March 31,
        2025     2024   2025
        (In thousands)
    Terminated interest rate swaps $ 2,025     $ 2,025     $ 2,003  
    Active interest rate swaps   (1,757 )     (2,769 )     (1,742 )
                           
    Increase (decrease) to interest income $ 268     $ (744 )   $ 261  
                           

    The Company entered into an interest rate swap in October 2018, which was terminated in March 2020. Upon termination, the Company received $45.9 million, inclusive of accrued but unpaid interest, from its swap counterparty. The net amount, after deducting accrued interest and deferred income taxes, is being accreted to interest income on loans monthly until the originally scheduled termination date of October 6, 2025. After this date, the Company will no longer have the benefit of that income from the terminated swap. The Company anticipates recording approximately $2.0 million in interest income from the terminated swap in the third quarter of 2025, after which no further interest income will be realized.

    The Company’s net interest income in the second quarter of 2025 increased 8.9% compared to net interest income in the second quarter of 2024. The cost of deposits has been negatively impacted over several quarters by the high level of competition for deposits across the industry and the lingering effects of liquidity events at several banks in March and April 2023. After the second quarter of 2023, the Company had a significant amount of time deposits maturing at relatively low interest rates. These deposits were either renewed at higher rates or withdrawn, requiring the Company to replace the withdrawn deposits with other funding sources at then-current market rates. Market rates for time deposits for much of 2024 remained elevated, but have declined as the FOMC cut the federal funds rate by 100 basis points in late 2024 and signaled that further rate cuts may occur in late 2025. As of June 30, 2025, time deposit maturities over the next 12 months were as follows: within three months — $696 million, with a weighted-average rate of 3.93%; within three to six months — $460 million, with a weighted-average rate of 3.83%; and within six to twelve months — $124 million, with a weighted-average rate of 3.37%. Based on time deposit market rates in June 2025, replacement rates for these maturing time deposits are likely to be approximately 3.35-3.85%.

    NON-INTEREST INCOME

    For the quarter ended June 30, 2025, non-interest income decreased $1.6 million to $8.2 million when compared to the quarter ended June 30, 2024, primarily as a result of the following items:

    • Other income: Other income decreased $1.6 million compared to the prior-year quarter. In the second quarter of 2024, the Company recorded $2.7 million of other income, net of expenses and write-offs, related to the termination of the master agreement between the Company and a third-party software vendor for the intended conversion of the Company’s core banking platform. Separately, in the quarter ended June 30, 2025, the Company recorded income of $1.1 million related to exits from, and other activities of, its investments in tax credit partnerships.
    • Net gains on loan sales: Net gains on loan sales decreased $234,000 compared to the prior-year quarter. The decrease was due to a decrease in balance of fixed-rate single-family mortgage loans originated and sold during the 2025 period compared to the 2024 period. Fixed rate single-family mortgage loans originated are generally subsequently sold in the secondary market.
    • Late charges and fees on loans: Late charges and fees on loans increased $204,000 compared to the prior-year quarter. This increase was primarily due to prepayment fees on one large commercial real estate loan, which paid off in the 2025 quarter.

    NON-INTEREST EXPENSE

    For the quarter ended June 30, 2025, non-interest expense decreased $1.4 million to $35.0 million when compared to the quarter ended June 30, 2024, primarily as a result of the following items:

    • Legal, audit and other professional fees: Legal, audit and other professional fees decreased $935,000, or 50.2%, from the prior-year quarter, to $929,000. In the quarter ended June 30, 2024, the Company expensed a total of $902,000 related to training and implementation costs for the intended core systems conversion and professional fees to consultants engaged to support the Company’s proposed transition of core and ancillary software and information technology systems, compared to $46,000 in costs expensed in the quarter ended June 30, 2025.
    • Expense on other real estate owned: Expenses on other real estate owned decreased $453,000, or 158.9%, from the prior-year quarter. In the quarter ended June 30, 2025, the Company collected a total of $445,000 in rental income from other real estate owned, compared to $24,000 collected for the quarter ended June 30, 2024. The 2025 period included rental income from the $6.0 million office building asset that was added to other real estate owned in the fourth quarter of 2024. See “Asset Quality” below.
    • Other operating expenses: Other operating expenses decreased $444,000, or 17.3%, from the prior-year quarter. In the 2024 period, the Company recorded expenses totaling $600,000 related to the resolution of compliance matters, with no similar expenses recorded in the current-year quarter.
    • Net occupancy and equipment expenses: Net occupancy and equipment expenses increased $594,000, or 7.6%, from the prior-year quarter. Various components of computer license and support expenses related to upgrades of core systems capabilities collectively increased by $502,000 in the second quarter of 2025 compared to the second quarter of 2024.

    The Company’s efficiency ratio for the quarter ended June 30, 2025, was 59.16% compared to 64.27% for the same quarter in 2024. The Company’s ratio of non-interest expense to average assets was 2.37% for the three months ended June 30, 2025, compared to 2.50% for the three months ended June 30, 2024. Average assets for the three months ended June 30, 2025, increased $86.0 million, or 1.5%, compared to the three months ended June 30, 2024, primarily due to growth in average balances of net loans and investment securities.

    INCOME TAXES

    For each of the three months ended June 30, 2025 and 2024, the Company’s effective tax rate was 18.5%. For the six months ended June 30, 2025 and 2024, the Company’s effective tax rate was 19.2% and 18.8%, respectively. These effective rates were below the statutory federal tax rate of 21%, due primarily to the utilization of certain investment tax credits and the Company’s tax-exempt investments and tax-exempt loans, which reduced the Company’s effective tax rate. The Company’s effective tax rate may fluctuate in future periods as it is impacted by the level and timing of the Company’s utilization of tax credits, the level of tax-exempt investments and loans, the amount of taxable income in various state jurisdictions and the overall level of pre-tax income. State tax expense estimates continually evolve as taxable income and apportionment between states are analyzed. The Company currently expects its effective tax rate (combined federal and state) will be approximately 18.0% to 20.0% in future periods.

    CAPITAL

        June 30,   December 31,   March 31,
        2025   2024   2025
    Consolidated Regulatory Capital Ratios   (Preliminary)            
    Tier 1 Leverage Ratio   11.5 %   11.4 %   11.3 %
    Common Equity Tier 1 Capital Ratio   13.0 %   12.3 %   12.4 %
    Tier 1 Capital Ratio   13.5 %   12.8 %   12.9 %
    Total Capital Ratio   14.7 %   15.4 %   15.6 %
    Tangible Common Equity Ratio   10.5 %   9.9 %   10.1 %
                       

    As of June 30, 2025, total stockholders’ equity was $622.4 million, representing 10.6% of total assets and a book value of $54.61 per common share. This compares to total stockholders’ equity of $599.6 million, or 10.0% of total assets, and a book value of $51.14 per common share at December 31, 2024. The $22.8 million increase in stockholders’ equity from December 31, 2024, was primarily driven by $36.9 million in net income and a $2.0 million increase from stock option exercises, partially offset by $9.2 million in cash dividends declared on the Company’s common stock and $20.0 million in common stock repurchases.

    Decreased unrealized losses on the Company’s available-for-sale investment securities and interest rate swaps, which totaled $54.4 million (net of taxes) at December 31, 2024, also increased stockholders’ equity by $13.0 million during the first six months of 2025. These net unrealized losses primarily resulted from increased intermediate-term market interest rates in prior periods, which generally decreased the fair value of the investment securities and interest rate swaps. In the first six months of 2025, these market interest rates decreased, resulting in increases in the fair value of the Company’s investment securities and interest rate swaps.

    The Company had unrealized losses on its portfolio of held-to-maturity investment securities, which totaled $19.3 million and $24.7 million at June 30, 2025 and December 31, 2024, respectively, that were not included in its total capital balance. If held-to-maturity unrealized losses were included in capital (net of taxes) at June 30, 2025, they would have decreased total stockholder’s equity at that date by $14.6 million. This amount was equal to 2.3% of total stockholders’ equity of $622.4 million at June 30, 2025, compared to 3.1% of total stockholders’ equity at December 31, 2024.

    On June 15, 2025, the Company redeemed all of its outstanding 5.50% fixed-to-floating rate subordinated notes due June 15, 2030, with an aggregate principal balance of $75 million. The total redemption price was 100% of the aggregate principal balance of the subordinated notes plus accrued and unpaid interest. The Company utilized excess cash on hand for the redemption payment.

    In November 2022, the Company’s Board of Directors authorized the purchase of up to one million shares of the Company’s common stock. As of June 30, 2025, approximately 94,000 shares remained available under this stock repurchase authorization.

    In April 2025, the Company’s Board of Directors approved a new stock repurchase program, which will succeed the existing repurchase program (authorized in November 2022) following the repurchase of the existing program’s remaining available shares. The new stock repurchase program authorizes the purchase, from time to time, of up to one million additional shares of the Company’s common stock.

    During the three months ended June 30, 2025, the Company repurchased 175,998 shares of its common stock at an average price of $55.11, and the Company’s Board of Directors declared a regular quarterly cash dividend of $0.40 per common share, which, combined, reduced stockholders’ equity by $14.4 million.

    During the six months ended June 30, 2025, the Company repurchased 349,342 shares of its common stock at an average price of $56.73, and the Company’s Board of Directors declared regular quarterly cash dividends totaling $0.80 per common share, which, combined, reduced stockholders’ equity by $29.2 million.

    LIQUIDITY AND DEPOSITS

    Liquidity is a measure of the Company’s ability to generate sufficient cash to meet present and future financial obligations in a timely manner. The Company’s primary sources of funds are customer deposits, FHLBank advances, other borrowings, loan repayments, unpledged securities, proceeds from sales of loans and available-for-sale securities and funds provided from operations. The Company utilizes some or all of these sources of funds depending on the comparative costs and availability at the time. The Company has from time to time chosen not to pay rates on deposits as high as the rates paid by certain of its competitors and, when believed to be appropriate, supplements deposits with less expensive alternative sources of funds. Management believes that the Company maintains overall liquidity sufficient to satisfy its depositors’ requirements and meet its borrowers’ credit needs.

    At June 30, 2025, the Company had the following available secured lines and on-balance sheet liquidity:

        June 30, 2025
    Federal Home Loan Bank line     $1,216.1 million
    Federal Reserve Bank line     338.9 million
    Cash and cash equivalents     245.9 million
    Unpledged securities – Available-for-sale     325.3 million
    Unpledged securities – Held-to-maturity     24.0 million
           

    During the six months ended June 30, 2025, the Company’s total deposits increased $78.6 million. Interest-bearing checking balances increased $18.5 million (0.8%), primarily in certain money market accounts, and non-interest-bearing checking balances increased $17.0 million (2.0%). Time deposits generated through the Company’s banking center and corporate services networks decreased $18.1 million (2.3%). Brokered deposits increased $61.2 million (7.9%) through a variety of sources. During the three months ended June 30, 2025, the Company’s total deposits decreased $73.9 million, with $62.1 million of this decrease in brokered deposits.

    At June 30, 2025, the Company had the following deposit balances:

           June 30, 2025
    Interest-bearing checking     $2,233.2 million
    Non-interest-bearing checking     859.9 million
    Time deposits     757.7 million
    Brokered deposits     833.3 million
           

    At June 30, 2025, the Company estimated that its uninsured deposits, excluding deposit accounts of the Company’s consolidated subsidiaries, were approximately $703.6 million (15% of total deposits).

    LOANS

    Total net loans, excluding mortgage loans held for sale, decreased $156.1 million, or 3.3%, from $4.69 billion at December 31, 2024 to $4.53 billion at June 30, 2025. This decrease was primarily driven by decreases in construction loans of $79.1 million, commercial real estate loans of $56.1 million, one- to four-family residential loans of $23.0 million and commercial business loans of $25.2 million, partially offset by an increase in other residential (multi-family) loans of $28.7 million. Compared to March 31, 2025, net loans decreased $156.4 million.

    The pipeline of the unfunded portion of loans and formal loan commitments remained strong, with the largest portion of these unfunded balances represented by the unfunded portion of outstanding construction loans ($626.0 million at June 30, 2025). See the table below.

    For additional details about the Company’s loan portfolio, please refer to the quarterly loan portfolio presentation available on the Company’s Investor Relations website under “Presentations.”

    Loan commitments and the unfunded portion of loans at the dates indicated were as follows (in thousands):

        June 30,
    2025    		     March 31,
    2025    		     December
    31, 2024    		     December
    31, 2023    		     December
    31, 2022    		  
    Closed non-construction loans with unused available lines                              
    Secured by real estate (one- to four-family) $ 211,453   $ 211,119   $ 205,599   $ 203,964   $ 199,182  
    Secured by real estate (not one- to four-family)   —     —     —     —     —  
    Not secured by real estate – commercial business   102,891     106,211     106,621     82,435     104,452  
                                   
    Closed construction loans with unused available lines                              
    Secured by real estate (one-to four-family)   96,935     96,807     94,501     101,545     100,669  
    Secured by real estate (not one-to four-family)   644,427     657,828     703,947     719,039     1,444,450  
                                   
    Loan commitments not closed                              
    Secured by real estate (one-to four-family)   17,148     19,264     14,373     12,347     16,819  
    Secured by real estate (not one-to four-family)   13,002     50,296     53,660     48,153     157,645  
    Not secured by real estate – commercial business   27,003     18,484     22,884     11,763     50,145  
                                   
      $ 1,112,859   $ 1,160,009   $ 1,201,585   $ 1,179,246   $ 2,073,362  
                                   

    PROVISION FOR CREDIT LOSSES AND ALLOWANCE FOR CREDIT LOSSES

    During the three months ended June 30, 2025 and 2024, the Company did not record a provision expense on its portfolio of outstanding loans. During the six months ended June 30, 2025, the Company did not record a provision expense on its portfolio of outstanding loans, compared to a provision expense of $500,000 in the same period in 2024. Total net recoveries were $111,000 for the three months ended June 30, 2025, compared to net recoveries of $168,000 during the same period in the prior year. Total net recoveries were $55,000 for the six months ended June 30, 2025, compared to net recoveries of $85,000 during the same period in the prior year. Additionally, for the quarter ended June 30, 2025, the Company recorded a negative provision for losses on unfunded commitments of $110,000, compared to a negative provision of $607,000 for the same period in 2024. For the six months ended June 30, 2025, the Company recorded a negative provision for losses on unfunded commitments of $458,000, compared to a negative provision of $477,000 for the same period in 2024.

    The Bank’s allowance for credit losses as a percentage of total loans was 1.41% at June 30, 2025, an increase from 1.36% at both December 31, 2024 and March 31, 2025. Management considers the allowance for credit losses adequate to cover losses inherent in the Bank’s loan portfolio at June 30, 2025, based on recent reviews of the portfolio and current economic conditions. However, if challenging economic conditions persist or worsen, or if management’s assessment of the loan portfolio changes, additional provisions for credit losses may be required, which could adversely impact the Company’s future financial performance.

    ASSET QUALITY

    At June 30, 2025, non-performing assets were $8.1 million, a decrease of $1.5 million from $9.6 million at December 31, 2024 and a decrease of $1.4 million from $9.5 million at March 31, 2025. Non-performing assets as a percentage of total assets were 0.14% at June 30, 2025, compared to 0.16% at both December 31, 2024 and March 31, 2025.

    Activity in the non-performing loan categories during the quarter ended June 30, 2025, was as follows:

        Beginning
    Balance,
    April 1    		   Additions
    to Non-
    Performing    		   Removed
    from Non-
    Performing    		   Transfers
    to Potential
    Problem
    Loans    		   Transfers to
    Foreclosed
    Assets and
    Repossessions    		   Charge-
    Offs    		   Payments   Ending
    Balance,
    June 30
        (In thousands)
                                     
    One- to four-family construction $ — $ — $ — $ — $ — $ — $ —   $ —
    Subdivision construction   —   —   —   —   —   —   —     —
    Land development   368   —   —   —   —   —   (368 )   —
    Commercial construction   —   —   —   —   —   —   —     —
    One- to four-family residential   3,076   154   —   —   —   —   (1,204 )   2,026
    Other residential (multi-family)   —   —   —   —   —   —   —     —
    Commercial real estate   —   —   —   —   —   —   —     —
    Commercial business   —   —   —   —   —   —   —     —
    Consumer   38   7   —   —   —   —   (27 )   18
    Total non-performing loans $ 3,482 $ 161 $ — $ — $ — $ — $ (1,599 ) $ 2,044
                                     
    • Compared to March 31, 2025, non-performing loans decreased $1.4 million.
    • The non-performing one- to four-family residential category consisted of eight loans at June 30, 2025, one of which was added during the current quarter.
    • The largest relationship in the one- to four-family residential category totaled $614,000 at June 30, 2025. This relationship was added to non-performing loans in 2024 and is collateralized by a single-family residential property in the Sarasota, Fla. area.
    • During the quarter ended June 30, 2025, one- to four-family residential loans experienced one loan pay-off totaling $884,000 and another related loan had a principal pay-down totaling $296,000. Additionally, the only loan in the non-performing land development category at the beginning of the quarter paid off.

    Activity in the potential problem loans categories during the quarter ended June 30, 2025, was as follows:

        Beginning
    Balance,
    April 1    		   Additions to
    Potential
    Problem    		   Removed
    from
    Potential
    Problem    		   Transfers
    to Non-
    Performing    		   Transfers to
    Foreclosed
    Assets and
    Repossessions    		   Charge-
    Offs    		   Loan Advances (Payments)   Ending
    Balance,
    June 30    		  
        (In thousands)
                                       
    One- to four-family construction $ — $ — $ —   $ — $ —   $ —   $ —   $ —  
    Subdivision construction   —   —   —     —   —     —     —     —  
    Land development   —   —   —     —   —     —     —     —  
    Commercial construction   —   —   —     —   —     —     —     —  
    One- to four-family residential   2,128   34   (307 )   —   —     —     (16 )   1,839  
    Other residential (multi-family)   —   —   —     —   —     —     —     —  
    Commercial real estate   4,313   —   —     —   —     —     (16 )   4,297  
    Commercial business   —   33   —     —   —     —     —     33  
    Consumer   1,011   50   —     —   (2 )   (11 )   (11 )   1,037  
    Total potential problem loans $ 7,452 $ 117 $ (307 ) $ — $ (2 ) $ (11 ) $ (43 ) $ 7,206  
                                       
    • Compared to March 31, 2025, potential problem loans decreased $246,000.
    • At June 30, 2025, the commercial real estate category consisted of three loans, all of which are part of one relationship and were added in 2024.
    • The commercial real estate relationship is collateralized by three nursing care facilities located in southwest Missouri. The borrower’s business cash flow was negatively impacted by a reduction in available labor and increased operating costs as well as ongoing changes to the Missouri Medicaid reimbursement rate. Monthly payments were timely made prior to the transfer to this category and have continued to be paid timely.
    • At June 30, 2025, the one- to four-family residential category consisted of ten loans, one of which was added to potential problem loans during the current quarter.
    • The largest relationship in the one- to four-family category, which was reclassified from the consumer category during the first quarter of 2025, totaled $963,000 and is collateralized by multiple single-family residential properties in Indiana and Florida.
    • At June 30, 2025, the consumer category of potential problem loans consisted of 14 loans, two of which were added during the current quarter.
    • The largest loan in the consumer category is a home equity loan totaling $784,000 related to the nursing care facility relationship, noted above.

    Activity in the foreclosed assets and repossessions categories during the quarter ended June 30, 2025 was as follows:

        Beginning
    Balance,
    April 1    		   Additions   ORE and
    Repossession
    Sales    		   Capitalized
    Costs    		   ORE and
    Repossession
    Write-Downs    		   Ending
    Balance,
    June 30
        (In thousands)
                             
    One-to four-family construction $ — $ — $ —   $ — $ — $ —
    Subdivision construction   —   —   —     —   —   —
    Land development   —   —   —     —   —   —
    Commercial construction   —   —   —     —   —   —
    One- to four-family residential   —   —   —     —   —   —
    Other residential (multi-family)   —   —   —     —   —   —
    Commercial real estate   6,036   —   —     —   —   6,036
    Commercial business   —   —   —     —   —   —
    Consumer   —   6   (2 )   —   —   4
    Total foreclosed assets and repossessions $ 6,036 $ 6 $ (2 ) $ — $ — $ 6,040
                             
    • Compared to March 31, 2025, foreclosed assets increased $4,000.
    • The commercial real estate category consisted of two foreclosed properties, one of which, totaling $76,000, was added during the first quarter of 2025.
    • The largest asset in the commercial real estate category, totaling $6.0 million, consisted of an office building located in Clayton, Mo. This asset was foreclosed upon in the fourth quarter of 2024.

    BUSINESS INITIATIVES

    Technology updates and advancements continue with the Company’s current core provider. Projects involving a full array of products and services are moving forward, with completions expected beginning in the third quarter of 2025 and continuing into 2026.

    The Company installed 10 ITM units in the St. Louis, Mo. market, replacing existing end-of-life ATM units. The ITMs, all located at banking center locations, offer customers live teller services, extended banking hours, and services beyond those traditionally available via an ATM.

    Construction of the Company’s new banking center at 723 N. Benton in Springfield, Mo., to replace the existing facility at that location, began in March 2025 and is on schedule for completion in the fourth quarter of 2025. The new facility, designed as a next-generation banking center, will allow for flexibility in testing new designs, processes, technology and tools, balanced with customer convenience. The Company has 11 other banking centers and an Express Center in Springfield.

    Earnings Conference Call

    The Company will host a conference call on Thursday, July 17, 2025, at 2:00 p.m. Central Time to discuss second quarter 2025 preliminary earnings. The call will be available live or in a recorded version at the Company’s Investor Relations website, http://investors.greatsouthernbank.com. Participants may register for the call at https://register-conf.media-server.com/register/BI5023532982f44a44b03e6e16deb1e937.

    About Great Southern Bancorp, Inc.

    Headquartered in Springfield, Missouri, Great Southern offers a broad range of banking services to customers. The Company operates 89 retail banking centers in Missouri, Iowa, Kansas, Minnesota, Arkansas and Nebraska and commercial lending offices in Atlanta, Charlotte, Chicago, Dallas, Denver, Omaha, and Phoenix. The common stock of Great Southern Bancorp, Inc. is listed on the Nasdaq Global Select Market under the symbol “GSBC.”

    www.GreatSouthernBank.com

    Forward-Looking Statements

    When used in this press release and in other documents filed or furnished by the Company with or to the Securities and Exchange Commission (the “SEC”), in the Company’s other press releases or other public or stockholder communications, and in oral statements made with the approval of an authorized executive officer, the words or phrases “may,” “might,” “could,” “should,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “believe,” “estimate,” “project,” “intends” or similar expressions are intended to identify “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements also include, but are not limited to, statements regarding plans, objectives, expectations or consequences of announced transactions, known trends and statements about future performance, operations, products and services of the Company. The Company’s ability to predict results or the actual effects of future plans or strategies is inherently uncertain, and the Company’s actual results could differ materially from those contained in the forward-looking statements.

    Factors that could cause or contribute to such differences include, but are not limited to: (i) expected revenues, cost savings, earnings accretion, synergies and other benefits from the Company’s merger and acquisition activities might not be realized within the anticipated time frames or at all, and costs or difficulties relating to integration matters, including but not limited to customer and employee retention, might be greater than expected; (ii) changes in economic conditions, either nationally or in the Company’s market areas; (iii) the effects of any new or continuing public health issues on general economic and financial market conditions; (iv) fluctuations in interest rates, the effects of inflation or a potential recession, whether caused by Federal Reserve actions or otherwise; (v) the impact of bank failures or adverse developments at other banks and related negative press about the banking industry in general on investor and depositor sentiment; (vi) slower or negative economic growth caused by tariffs, changes in energy prices, supply chain disruptions or other factors; (vii) the risks of lending and investing activities, including changes in the level and direction of loan delinquencies and write-offs and changes in estimates of the adequacy of the allowance for credit losses; (viii) the possibility of realized or unrealized losses on securities held in the Company’s investment portfolio; (ix) the Company’s ability to access cost-effective funding and maintain sufficient liquidity; (x) fluctuations in real estate values and both residential and commercial real estate market conditions; (xi) the ability to adapt successfully to technological changes to meet customers’ needs and developments in the marketplace; (xii) the possibility that security measures implemented might not be sufficient to mitigate the risk of a cyber-attack or cyber theft, and that such security measures might not protect against systems failures or interruptions; (xiii) legislative or regulatory changes that adversely affect the Company’s business; (xiv) changes in accounting policies and practices or accounting standards; (xv) results of examinations of the Company and the Bank by their regulators, including the possibility that the regulators may, among other things, require the Company to limit its business activities, change its business mix, increase its allowance for credit losses, write-down assets or increase its capital levels, or affect its ability to borrow funds or maintain or increase deposits, which could adversely affect its liquidity and earnings; (xvi) costs and effects of litigation, including settlements and judgments; (xvii) competition; and (xviii) natural disasters, war, terrorist activities or civil unrest and their effects on economic and business environments in which the Company operates. The Company wishes to advise readers that the factors listed above and other risks described in the Company’s most recent Annual Report on Form 10-K, including, without limitation, those described under “Item 1A. Risk Factors,” subsequent Quarterly Reports on Form 10-Q and other documents filed or furnished from time to time by the Company with the SEC (which are available on our website at www.greatsouthernbank.com and the SEC’s website at www.sec.gov), could affect the Company’s financial performance and cause the Company’s actual results for future periods to differ materially from any opinions or statements expressed with respect to future periods in any current statements.

    The Company does not undertake-and specifically declines any obligation- to publicly release the result of any revisions which may be made to any forward-looking statements to reflect events or circumstances after the date of such statements or to reflect the occurrence of anticipated or unanticipated events.

    The following tables set forth selected consolidated financial information of the Company at the dates and for the periods indicated. Financial data at all dates other than December 31, 2024, and for all periods is unaudited. In the opinion of management, all adjustments, which consist only of normal recurring accrual adjustments, necessary for a fair presentation of the results at and for such unaudited dates and periods have been included. The results of operations and other data for the three and six months ended June 30, 2025 and 2024, and the three months ended March 31, 2025, are not necessarily indicative of the results of operations which may be expected for any future period.

        June 30,
    		     December 31,
        2025
    		     2024
    Selected Financial Condition Data:   (In thousands)
                   
    Total assets $ 5,854,672     $ 5,981,628  
    Loans receivable, gross   4,604,943       4,761,848  
    Allowance for credit losses   64,815       64,760  
    Other real estate owned, net   6,040       5,993  
    Available-for-sale securities, at fair value   527,543       533,373  
    Held-to-maturity securities, at amortized cost   183,100       187,433  
    Deposits   4,684,126       4,605,549  
    Total borrowings   450,483       679,341  
    Total stockholders’ equity   622,368       599,568  
    Non-performing assets   8,084       9,566  
                   
        Three Months Ended     Six Months Ended     Three Months
    Ended
        June 30,     June 30,     March 31,
        2025     2024     2025     2024
    		     2025
        (In thousands)
    Selected Operating Data:                              
    Interest income $ 80,975     $ 80,927     $ 161,218     $ 158,317     $ 80,243  
    Interest expense   30,012       34,109       60,921       66,683       30,909  
    Net interest income   50,963       46,818       100,297       91,634       49,334  
    Provision (credit) for credit losses on loans and unfunded commitments   (110 )     (607 )     (458 )     23       (348 )
    Non-interest income   8,212       9,833       14,802       16,639       6,590  
    Non-interest expense   35,005       36,409       69,827       70,831       34,822  
    Provision for income taxes   4,494       3,861       8,784       7,024       4,290  
    Net income $ 19,786     $ 16,988     $ 36,946     $ 30,395     $ 17,160  
                                   
      At or For the Three
    Months Ended    		   At or For the Six
    Months Ended    		   At or For the Three
    Months Ended
      June 30,   June 30,   March 31,
      2025   2024   2025   2024   2025
      (Dollars in thousands, except per share data)
    Per Common Share:              
    Net income (fully diluted) $ 1.72     $ 1.45     $ 3.18     $ 2.58     $ 1.47  
    Book value $ 54.61     $ 49.11     $ 54.61     $ 49.11     $ 53.03  
                   
    Earnings Performance Ratios:              
    Annualized return on average assets   1.34 %     1.17 %     1.24 %     1.05 %     1.15 %
    Annualized return on average common stockholders’ equity   12.81 %     12.03 %     12.06 %     10.69 %     11.30 %
    Net interest margin   3.68 %     3.43 %     3.63 %     3.38 %     3.57 %
    Average interest rate spread   3.09 %     2.77 %     3.05 %     2.71 %     3.00 %
    Efficiency ratio   59.16 %     64.27 %     60.67 %     65.42 %     62.27 %
    Non-interest expense to average total assets   2.37 %     2.50 %     2.35 %     2.44 %     2.34 %
                   
    Asset Quality Ratios:              
    Allowance for credit losses to period-end loans   1.41 %     1.39 %     1.41 %     1.39 %     1.36 %
    Non-performing assets to period-end assets   0.14 %     0.34 %     0.14 %     0.34 %     0.16 %
    Non-performing loans to period-end loans   0.04 %     0.23 %     0.04 %     0.23 %     0.07 %
    Annualized net charge-offs (recoveries) to average loans   (0.01 )%     (0.01 )%     0.00 %     0.00 %     0.00 %
                   
     
    Great Southern Bancorp, Inc. and Subsidiaries
    Consolidated Statements of Financial Condition
    (In thousands, except number of shares)
                 
        June 30,
    2025    		   December 31,
    2024    		   March 31,
    2025
                 
    Assets            
    Cash $ 110,007   $ 109,366   $ 106,336  
    Interest-bearing deposits in other financial institutions   135,906     86,390     110,845  
    Cash and cash equivalents   245,913     195,756     217,181  
                 
    Available-for-sale securities   527,543     533,373     535,914  
    Held-to-maturity securities   183,100     187,433     185,853  
    Mortgage loans held for sale   5,616     6,937     6,857  
    Loans receivable, net of allowance for credit losses of $64,815 – June 2025; $64,760 – December 2024; $64,704 – March 2025   4,534,287     4,690,393     4,690,636  
    Interest receivable   20,644     20,430     21,504  
    Prepaid expenses and other assets   133,614     136,594     132,930  
    Other real estate owned and repossessions, net   6,040     5,993     6,036  
    Premises and equipment, net   134,337     132,466     132,165  
    Goodwill and other intangible assets   9,877     10,094     9,985  
    Federal Home Loan Bank stock and other interest-earning assets   23,714     28,392     25,813  
    Current and deferred income taxes   29,987     33,767     28,968  
                 
    Total Assets $ 5,854,672   $ 5,981,628   $ 5,993,842  
                 
    Liabilities and Stockholders’ Equity            
    Liabilities            
    Deposits $ 4,684,126   $ 4,605,549   $ 4,758,046  
    Securities sold under reverse repurchase agreements with customers   54,802     64,444     75,322  
    Short-term borrowings   369,907     514,247     359,907  
    Subordinated debentures issued to capital trust   25,774     25,774     25,774  
    Subordinated notes   —     74,876     74,950  
    Accrued interest payable   4,065     12,761     5,416  
    Advances from borrowers for taxes and insurance   8,822     5,272     7,451  
    Accounts payable and accrued expenses   76,763     70,634     65,528  
    Liability for unfunded commitments   8,045     8,503     8,155  
    Total Liabilities   5,232,304     5,382,060     5,380,549  
                 
    Stockholders’ Equity            
    Capital stock            
    Preferred stock, $.01 par value; authorized 1,000,000 shares; issued and outstanding June 2025, December 2024 and March 2025 -0- shares   —     —     —  
    Common stock, $.01 par value; authorized 20,000,000 shares; issued and outstanding June 2025 – 11,396,533 shares; December 2024 – 11,723,548 shares; March 2025 – 11,565,211 shares   114     117     116  
    Additional paid-in capital   51,646     50,336     51,076  
    Retained earnings   611,921     603,477     606,239  
    Accumulated other comprehensive loss   (41,313 )   (54,362 )   (44,138 )
    Total Stockholders’ Equity   622,368     599,568     613,293  
                 
    Total Liabilities and Stockholders’ Equity $ 5,854,672   $ 5,981,628   $ 5,993,842  
                       
     
    Great Southern Bancorp, Inc. and Subsidiaries
    Consolidated Statements of Income
    (In thousands, except per share data)
                   
        Three Months Ended     Six Months Ended   Three Months Ended
        June 30,     June 30,   March 31,
        2025     2024     2025     2024     2025
    Interest Income                            
    Loans $ 73,830     $ 74,295     $ 146,901     $ 145,371     $ 73,071  
    Investment securities and other   7,145       6,632       14,317       12,946       7,172  
        80,975       80,927       161,218       158,317       80,243  
    Interest Expense                            
    Deposits   24,368       27,783       48,968       55,420       24,600  
    Securities sold under reverse repurchase agreements   372       394       743       727       371  
    Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities   3,974       4,373       8,424       7,417       4,450  
    Subordinated debentures issued to capital trust   389       454       771       908       382  
    Subordinated notes   909       1,105       2,015       2,211       1,106  
        30,012       34,109       60,921       66,683       30,909  
                                 
    Net Interest Income   50,963       46,818       100,297       91,634       49,334  
    Provision for Credit Losses on Loans   —       —       —       500       —  
    Provision (Credit) for Unfunded Commitments   (110 )     (607 )     (458 )     (477 )     (348 )
    Net Interest Income After Provision for Credit Losses and Provision (Credit) for Unfunded Commitments   51,073       47,425       100,755       91,611       49,682  
                                 
    Non-interest Income                            
    Commissions   411       269       673       650       262  
    Overdraft and Insufficient funds fees   1,266       1,230       2,481       2,519       1,215  
    POS and ATM fee income and service charges   3,444       3,588       6,678       6,771       3,234  
    Net gains on loan sales   893       1,127       1,494       1,804       601  
    Late charges and fees on loans   340       136       583       303       243  
    Gain (loss) on derivative interest rate products   (28 )     (7 )     (52 )     (20 )     (24 )
    Other income   1,886       3,490       2,945       4,612       1,059  
        8,212       9,833       14,802       16,639       6,590  
                                 
    Non-interest Expense                            
    Salaries and employee benefits   20,005       19,886       40,134       39,542       20,129  
    Net occupancy and equipment expense   8,435       7,841       16,968       15,680       8,533  
    Postage   825       777       1,756       1,584       931  
    Insurance   1,095       1,263       2,260       2,407       1,165  
    Advertising   705       891       995       1,241       290  
    Office supplies and printing   238       236       504       503       266  
    Telephone   705       685       1,411       1,406       706  
    Legal, audit and other professional fees   929       1,864       1,967       3,589       1,038  
    Expense (income) on other real estate and repossessions   (168 )     285       (238 )     346       (70 )
    Acquired intangible asset amortization   108       109       216       217       108  
    Other operating expenses   2,128       2,572       3,854       4,316       1,726  
        35,005       36,409       69,827       70,831       34,822  
                                 
    Income Before Income Taxes   24,280       20,849       45,730       37,419       21,450  
    Provision for Income Taxes   4,494       3,861       8,784       7,024       4,290  
                                 
    Net Income $ 19,786     $ 16,988     $ 36,946     $ 30,395     $ 17,160  
                                 
    Earnings Per Common Share                            
    Basic $ 1.73     $ 1.46     $ 3.20     $ 2.60     $ 1.47  
    Diluted $ 1.72     $ 1.45     $ 3.18     $ 2.58     $ 1.47  
                                 
    Dividends Declared Per Common Share $ 0.40     $ 0.40     $ 0.80     $ 0.80     $ 0.40  
                                 
     
    Average Balances, Interest Rates and Yields
     

    The following table presents, for the periods indicated, the total dollar amounts of interest income from average interest-earning assets and the resulting yields, as well as the interest expense on average interest-bearing liabilities, expressed both in dollars and rates, and the net interest margin. Average balances of loans receivable include the average balances of nonaccrual loans for each period. Interest income on loans includes interest received on nonaccrual loans on a cash basis. Interest income on loans also includes the amortization of net loan fees, which were deferred in accordance with accounting standards. Net fees included in interest income were $1.1 million for both the three months ended June 30, 2025 and 2024. Net fees included in interest income were $2.1 million and $2.3 million for the six months ended June 30, 2025 and 2024, respectively. Tax-exempt income was not calculated on a tax equivalent basis. The table does not reflect any effect of income taxes.

      June 30, 2025       Three Months Ended
    June 30, 2025    		   Three Months Ended
    June 30, 2024    		  
              Average         Yield/       Average         Yield/  
      Yield/Rate       Balance     Interest   Rate       Balance     Interest   Rate  
      (Dollars in thousands)  
    Interest-earning assets:                                        
    Loans receivable:                                        
    One- to four-family residential 4.24 %   $ 822,283   $ 8,750   4.27 %   $ 877,957   $ 8,769   4.02 %
    Other residential 6.91       1,565,447     27,281   6.99       1,072,168     19,633   7.36  
    Commercial real estate 6.19       1,489,015     23,082   6.22       1,499,893     23,296   6.25  
    Construction 7.07       480,254     8,617   7.20       803,478     15,525   7.77  
    Commercial business 5.93       208,119     3,517   6.78       266,187     4,375   6.61  
    Other loans 6.39       167,548     2,583   6.18       170,467     2,697   6.36  
                                             
    Total loans receivable 6.16       4,732,666     73,830   6.26       4,690,150     74,295   6.37  
                                             
    Investment securities 3.17       727,336     6,099   3.36       696,239     5,347   3.09  
    Other interest-earning assets 4.37       97,463     1,046   4.30       97,340     1,285   5.31  
                                             
    Total interest-earning assets 5.74       5,557,465     80,975   5.84       5,483,729     80,927   5.94  
    Non-interest-earning assets:                                        
    Cash and cash equivalents         100,289                 94,669            
    Other non-earning assets         256,923                 250,244            
    Total assets       $ 5,914,677               $ 5,828,642            
                                             
    Interest-bearing liabilities:                                        
    Interest-bearing demand and savings 1.41     $ 2,225,933     7,791   1.40     $ 2,234,824     9,794   1.76  
    Time deposits 3.42       757,608     6,521   3.45       894,475     9,073   4.08  
    Brokered deposits 4.44       895,340     10,056   4.50       683,337     8,916   5.25  
    Total deposits 2.47       3,878,881     24,368   2.52       3,812,636     27,783   2.93  
    Securities sold under reverse repurchase agreements 2.33       65,607     372   2.27       76,969     394   2.06  
    Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities 4.55       347,303     3,974   4.59       339,270     4,373   5.18  
    Subordinated debentures issued to capital trust 6.14       25,774     389   6.05       25,774     454   7.08  
    Subordinated notes —       62,631     909   5.82       74,699     1,105   5.95  
                                             
    Total interest-bearing liabilities 2.66       4,380,196     30,012   2.75       4,329,348     34,109   3.17  
    Non-interest-bearing liabilities:                                        
    Demand deposits         849,862                 853,555            
    Other liabilities         66,585                 80,905            
    Total liabilities         5,296,643                 5,263,808            
    Stockholders’ equity         618,034                 564,834            
    Total liabilities and stockholders’ equity       $ 5,914,677               $ 5,828,642            
                                             
    Net interest income:             $ 50,963               $ 46,818      
    Interest rate spread 3.08 %               3.09 %               2.77 %
    Net interest margin*                   3.68 %               3.43 %
    Average interest-earning assets to average interest-bearing liabilities         126.9 %               126.7 %          
                                             

    *Defined as the Company’s net interest income divided by average total interest-earning assets.

      June 30, 2025       Six Months Ended
    June 30, 2025    		   Six Months Ended
    June 30, 2024    		  
              Average         Yield/       Average         Yield/  
      Yield/Rate       Balance     Interest   Rate       Balance     Interest   Rate  
      (Dollars in thousands)  
    Interest-earning assets:                                        
    Loans receivable:                                        
    One- to four-family residential 4.24 %   $ 826,426   $ 17,318   4.23 %   $ 883,963   $ 17,466   3.97 %
    Other residential 6.91       1,555,881     53,731   6.96       1,016,071     36,491   7.22  
    Commercial real estate 6.19       1,499,665     46,096   6.20       1,499,767     46,064   6.18  
    Construction 7.07       485,392     17,270   7.17       830,025     31,368   7.60  
    Commercial business 5.93       209,944     7,339   7.05       276,131     8,984   6.54  
    Other loans 6.39       166,989     5,147   6.22       172,051     4,998   5.84  
                                             
    Total loans receivable 6.16       4,744,297     146,901   6.24       4,678,008     145,371   6.25  
                                             
    Investment securities 3.17       732,699     12,173   3.35       682,960     10,357   3.05  
    Other interest-earning assets 4.37       101,238     2,144   4.27       98,922     2,589   5.26  
                                             
    Total interest-earning assets 5.74       5,578,234     161,218   5.83       5,459,890     158,317   5.83  
    Non-interest-earning assets:                                        
    Cash and cash equivalents         100,537                 92,572            
    Other non-earning assets         259,692                 243,029            
    Total assets       $ 5,938,463               $ 5,795,491            
                                             
    Interest-bearing liabilities:                                        
    Interest-bearing demand and savings 1.41     $ 2,223,716     15,588   1.41     $ 2,229,302     19,276   1.74  
    Time deposits 3.42       764,791     13,235   3.49       916,098     18,238   4.00  
    Brokered deposits 4.44       893,983     20,145   4.54       686,079     17,906   5.25  
    Total deposits 2.47       3,882,490     48,968   2.54       3,831,479     55,420   2.91  
    Securities sold under reverse repurchase agreements 2.33       73,957     743   2.03       75,718     727   1.93  
    Short-term borrowings, overnight FHLBank borrowings and other interest-bearing liabilities 4.55       369,849     8,424   4.59       290,431     7,417   5.14  
    Subordinated debentures issued to capital trust 6.14       25,774     771   6.03       25,774     908   7.08  
    Subordinated notes —       68,741     2,015   5.91       74,659     2,211   5.96  
                                             
    Total interest-bearing liabilities 2.66       4,420,811     60,921   2.78       4,298,061     66,683   3.12  
    Non-interest-bearing liabilities:                                        
    Demand deposits         835,888                 854,202            
    Other liabilities         68,961                 74,391            
    Total liabilities         5,325,660                 5,226,654            
    Stockholders’ equity         612,803                 568,837            
    Total liabilities and stockholders’ equity       $ 5,938,463               $ 5,795,491            
                                             
    Net interest income:             $ 100,297               $ 91,634      
    Interest rate spread 3.08 %               3.05 %               2.71 %
    Net interest margin*                   3.63 %               3.38 %
    Average interest-earning assets to average interest-bearing liabilities         126.2 %               127.0 %          
                                             

    *Defined as the Company’s net interest income divided by average total interest-earning assets.

    NON-GAAP FINANCIAL MEASURES

    This document contains certain financial information determined by methods other than in accordance with accounting principles generally accepted in the United States (“GAAP”), specifically, the ratio of tangible common equity to tangible assets.

    In calculating the ratio of tangible common equity to tangible assets, we subtract period-end intangible assets from common equity and from total assets. Management believes that the presentation of this measure excluding the impact of intangible assets provides useful supplemental information that is helpful in understanding our financial condition and results of operations, as it provides a method to assess management’s success in utilizing our tangible capital as well as our capital strength. Management also believes that providing a measure that excludes balances of intangible assets, which are subjective components of valuation, facilitates the comparison of our performance with the performance of our peers. In addition, management believes that this is a standard financial measure used in the banking industry to evaluate performance.

    This non-GAAP financial measurement is supplemental and is not a substitute for any analysis based on GAAP financial measures. Because not all companies use the same calculation of non-GAAP measures, this presentation may not be comparable to other similarly titled measures as calculated by other companies.

    Non-GAAP Reconciliation: Ratio of Tangible Common Equity to Tangible Assets

        June 30,       December 31,  
        2025       2024  
        (Dollars in thousands)  
           
    Common equity at period end $ 622,368     $ 599,568  
    Less: Intangible assets at period end   9,877       10,094  
    Tangible common equity at period end (a) $ 612,491     $ 589,474  
                   
    Total assets at period end $ 5,854,672     $ 5,981,628  
    Less: Intangible assets at period end   9,877       10,094  
    Tangible assets at period end (b) $ 5,844,795     $ 5,971,534  
                   
    Tangible common equity to tangible assets (a) / (b)   10.48 %     9.87 %
                   

    CONTACT:

    Jeff Tryka, CFA,
    Investor Relations,
    (616) 233-0500
    GSBC@lambert.com

    The MIL Network –

  • MIL-OSI: Cloud mining revolutionizes the way to increase the value of crypto assets: Ripplecoin Mining allows XRP, BTC, and Solana holders to achieve daily income

    Source: GlobeNewswire (MIL-OSI)

    Weston, Massachusetts, July 16, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market continues to fluctuate, more and more investors are looking for a stable income channel that does not rely on market conditions. Ripplecoin Mining’s newly launched mobile cloud mining application is providing a new passive income path for holders of mainstream currencies such as XRP, Bitcoin (BTC) and Solana: users no longer just wait for the price of the currency to rise, but rent computing power and participate in daily dividends to achieve continuous growth of assets.

    Market turmoil drives investment strategy transformation, cloud mining becomes a new option for hedging

    As the legal tug-of-war between Ripple and the U.S. Securities and Exchange Commission (SEC) draws to a close, the market is re-heating up on the future prospects of XRP; at the same time, Bitcoin (BTC) has retreated to about $117,000 after hitting a record high of $123,000, triggering a large-scale fund rebalancing. On-chain data shows that many long-term holders (“whale” addresses) have transferred some BTC to centralized exchanges, releasing potential selling pressure signals. Affected by the slowdown in ETF fund flows and macroeconomic uncertainties, short-term market volatility has significantly increased.

    Against this backdrop, more and more investors have begun to turn their funds to “non-transactional” income channels such as cloud mining, giving priority to locking in daily stable returns and reducing their reliance on drastic market price fluctuations. Platforms such as Ripplecoin Mining have become the preferred tools for current crypto holders to build a stable cash flow due to their advantages such as no hardware required, daily settlement of income, and green energy drive.

    A report released by ChainProof, a third-party blockchain data platform, pointed out that in the past month, the number of users using Ripplecoin Mining cloud mining services has increased by 23.5%, of which more than 46% completed registration and operation through mobile devices. This trend shows that mining is no longer limited to high-threshold professional scenarios, but is gradually opening up to ordinary users.

    Simplify the mining process: three steps to participate

    The Ripplecoin Mining mobile app is compatible with iOS and Android systems. Users only need to complete the following three steps to start the remote mining experience:

    Quick registration: Register an account via email to get a free trial of $15 cloud computing power;
    Choose a contract: Supports payment in currencies such as XRP, BTC, ETH, DOGE, etc. The contract is flexible and diverse, and the income is distributed on a daily basis;

    Receive daily income: The system will automatically allocate global computing resources, and users can view and receive income in the App every day.

    This innovative model greatly simplifies the hardware equipment, power configuration and technical threshold required for traditional mining, allowing every cryptocurrency holder to easily obtain miner-level income.

    Smart and green: Dual guarantee of technology and energy

    Ripplecoin Mining has more than 120 green data nodes distributed in North America, Europe and Asia Pacific. The system adopts AI intelligent scheduling algorithm, which can respond to the computing power requests of global users within one second, which not only improves efficiency, but also realizes a low-carbon and environmentally friendly mining ecology.
    The platform spokesperson said: “We hope that every coin holder can participate in this global computing power network without worrying about equipment, technology or electricity costs.”

    User voice: Stable income brings peace of mind

    James, an XRP investor from Manchester, UK, shared his experience: “In the past, I was often anxious about the fluctuations in the currency price. Now, through cloud mining, I have stable income every day, which makes me more confident in the future.”
    On social platforms such as Reddit and Telegram, users’ positive comments on the application are increasing. They not only agree with its ease of use, but also regard it as a safe and continuous asset management tool.

    Future development: Multi-currency combined mining is about to go online

    Ripplecoin Mining revealed that it will launch the “combined mining” function next, allowing users to participate in mining plans of multiple currencies in the same contract at the same time, thereby further enhancing the stability of income and the flexibility of asset allocation.
    At the same time, the company will also expand its international layout, focusing on expanding the Canadian, British and Southeast Asian markets, so that more users can experience this barrier-free, green and compliant mining solution.

    About Ripplecoin Mining

    Ripplecoin Mining was established in 2017 and is registered in the UK. It is the world’s leading compliant cloud mining platform. The platform supports mainstream currencies such as XRP, BTC, ETH, DOGE, etc., and provides convenient, safe and sustainable mining services to more than 9.5 million users worldwide with green energy infrastructure, AI computing power scheduling and simplified user experience.
    Experience cloud mining now:
    Official website: https://ripplecoinmining.com

    App download address: https://ripplecoinmining.com/xml/index.html#/app

    Media contact: info@ripplecoinmining.com

    The MIL Network –

  • MIL-OSI: Topnotch Crypto Launches Innovative Cloud Mining App, Turning Smartphones into Bitcoin Mining Machines

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 17, 2025 (GLOBE NEWSWIRE) — Topnotch Crypto is a leading provider of blockchain and digital asset solutions is excited to announce the launch of their new cloud mining mobile app. The cloud mining mobile app easily makes the average smartphone a bitcoin mining machine, making crypto mining simple and open to the masses.

    Details of the New Cloud Mining App

    The app recently launched by Topnotch Crypto is an exciting development for cryptocurrency mining! Their application utilizes secure cloud (SaaS) infrastructure and takes out the barriers of crypto mining; you no longer have to pay a premium for expensive hardware, juggle the complexities of hardware, and then pay for the electricity! 

    Users leverage Topnotch Crypto’s prolific servers; after downloading the app and quickly registering as a user, they can start mining Bitcoin instantly. You will find the experience very straightforward, and they’ll aid you through it even if you’re new to cryptocurrency.

    Click to download the APP to learn more highlights

    Advantages of Using a Mobile Mining App

    One of the key benefits of Topnotch Crypto’s solution is sheer convenience. Traditional mining configurations require thousands of dollars in hardware and a space with noisy, heat-generating rigs. Topnotch Crypto’s mobile app on the other hand, allows users to mine Bitcoin from almost anywhere — whether enjoying a coffee at a café, lounging while on vacation, or during a brief break at work.

    Because the heavy compute occurs in the cloud, the user’s smartphone remains cool, efficient, fully available for other mobile functions. Moreover, the app utilizes minimal battery so that mining does not interfere with other mobile matters.

    With this kind of accessibility, even total novices can quickly participate in the global Bitcoin network, adding to the ever-growing ledger, simply by tapping buttons on their smartphone.

    Key Features and Benefits

    Get started quickly: After downloading the app, you can complete the registration in just a few seconds, get $15, and start mining immediately without any technical barriers.

    24/7 Cloud Mining: The platform does not stop running, allowing users’ Bitcoin to grow at all times, even while they sleep. 

    Live Reporting & Analytics: The intelligent dashboards demonstrate live mining statistics, current Bitcoin prices, and more detailed earning reports than anyone would need. 

    Advanced Security Model: Each user has their information, wallets, and funds protected with state-of-the-art encryption standards and multiple levels of data protocols. 

    Instant Withdrawals: Users can withdraw mined Bitcoin to their wallets without delay whenever they want. 

    Referrals: The built-in referral system allows users to earn engagement bonuses every time they invite friends to join the platform, with additional bonuses for reaching referral goals.

    Statements from Topnotch Crypto

    A representative from Topnotch Crypto emphasized how the app fits nicely within their larger vision of bringing everyone along the ride of blockchain:

    “We’re incredibly excited to launch this mobile-first solution and make Bitcoin-mining accessible to anyone with a phone and an internet connection. This is a huge step forward to true decentralization and mass adoption of cryptocurrency.”

    The company believes this innovation will catalyze a flood of new players into the crypto ecosystem, building even more awareness and confidence in Bitcoin as a long-term store of value.

    Driving a New Era of Bitcoin Adoption

    Topnotch Crypto’s cloud mining app is intending to eliminate the costly and technical barriers to entry that have traditionally prevented more individuals worldwide from mining Bitcoin. More users in the ecosystem ultimately makes the network stronger and speeds up the global transition to decentralized finance. 

    For existing crypto fans, the app will allow them to diversify their portfolio in an efficient manner and let them grow their Bitcoin assets passively. For new entrants, it’s a great way for them to explore the crypto world without incurring large investment upfront. 

    How to Get Started with Topnotch Crypto

    It’s simple to get up and running. The Topnotch Crypto app is now available on both Android and iOS. Users can begin mining Bitcoin within minutes after installation and sign up, monitor their daily status, and take out their earnings whenever they wish. 

    User will also receive educational tips, market news, and customer support so all users may have a positive experience no matter their crypto experience level.

    About Topnotch Crypto

    Topnotch Crypto is a cutting edge blockchain company that is working to make cryptocurrency accessible, safe, and rewarding. Using advanced platforms and solutions that focus on the user, Topnotch Crypto is enabling individuals around the world to participate in the future of digital finance. 

    For press inquiries, partnership opportunities, or more information, please contact:

    Topnotch Crypto Media Relations
    info@topnotchcrypto.com
    https://www.topnotchcrypto.com/

    Experience the freedom to mine Bitcoin anytime, anywhere. Download the Topnotch Crypto app today and turn your smartphone into a powerful Bitcoin mining machine.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Topnotch Crypto Launches Innovative Cloud Mining App, Turning Smartphones into Bitcoin Mining Machines

    Source: GlobeNewswire (MIL-OSI)

    London, UK, July 17, 2025 (GLOBE NEWSWIRE) — Topnotch Crypto is a leading provider of blockchain and digital asset solutions is excited to announce the launch of their new cloud mining mobile app. The cloud mining mobile app easily makes the average smartphone a bitcoin mining machine, making crypto mining simple and open to the masses.

    Details of the New Cloud Mining App

    The app recently launched by Topnotch Crypto is an exciting development for cryptocurrency mining! Their application utilizes secure cloud (SaaS) infrastructure and takes out the barriers of crypto mining; you no longer have to pay a premium for expensive hardware, juggle the complexities of hardware, and then pay for the electricity! 

    Users leverage Topnotch Crypto’s prolific servers; after downloading the app and quickly registering as a user, they can start mining Bitcoin instantly. You will find the experience very straightforward, and they’ll aid you through it even if you’re new to cryptocurrency.

    Click to download the APP to learn more highlights

    Advantages of Using a Mobile Mining App

    One of the key benefits of Topnotch Crypto’s solution is sheer convenience. Traditional mining configurations require thousands of dollars in hardware and a space with noisy, heat-generating rigs. Topnotch Crypto’s mobile app on the other hand, allows users to mine Bitcoin from almost anywhere — whether enjoying a coffee at a café, lounging while on vacation, or during a brief break at work.

    Because the heavy compute occurs in the cloud, the user’s smartphone remains cool, efficient, fully available for other mobile functions. Moreover, the app utilizes minimal battery so that mining does not interfere with other mobile matters.

    With this kind of accessibility, even total novices can quickly participate in the global Bitcoin network, adding to the ever-growing ledger, simply by tapping buttons on their smartphone.

    Key Features and Benefits

    Get started quickly: After downloading the app, you can complete the registration in just a few seconds, get $15, and start mining immediately without any technical barriers.

    24/7 Cloud Mining: The platform does not stop running, allowing users’ Bitcoin to grow at all times, even while they sleep. 

    Live Reporting & Analytics: The intelligent dashboards demonstrate live mining statistics, current Bitcoin prices, and more detailed earning reports than anyone would need. 

    Advanced Security Model: Each user has their information, wallets, and funds protected with state-of-the-art encryption standards and multiple levels of data protocols. 

    Instant Withdrawals: Users can withdraw mined Bitcoin to their wallets without delay whenever they want. 

    Referrals: The built-in referral system allows users to earn engagement bonuses every time they invite friends to join the platform, with additional bonuses for reaching referral goals.

    Statements from Topnotch Crypto

    A representative from Topnotch Crypto emphasized how the app fits nicely within their larger vision of bringing everyone along the ride of blockchain:

    “We’re incredibly excited to launch this mobile-first solution and make Bitcoin-mining accessible to anyone with a phone and an internet connection. This is a huge step forward to true decentralization and mass adoption of cryptocurrency.”

    The company believes this innovation will catalyze a flood of new players into the crypto ecosystem, building even more awareness and confidence in Bitcoin as a long-term store of value.

    Driving a New Era of Bitcoin Adoption

    Topnotch Crypto’s cloud mining app is intending to eliminate the costly and technical barriers to entry that have traditionally prevented more individuals worldwide from mining Bitcoin. More users in the ecosystem ultimately makes the network stronger and speeds up the global transition to decentralized finance. 

    For existing crypto fans, the app will allow them to diversify their portfolio in an efficient manner and let them grow their Bitcoin assets passively. For new entrants, it’s a great way for them to explore the crypto world without incurring large investment upfront. 

    How to Get Started with Topnotch Crypto

    It’s simple to get up and running. The Topnotch Crypto app is now available on both Android and iOS. Users can begin mining Bitcoin within minutes after installation and sign up, monitor their daily status, and take out their earnings whenever they wish. 

    User will also receive educational tips, market news, and customer support so all users may have a positive experience no matter their crypto experience level.

    About Topnotch Crypto

    Topnotch Crypto is a cutting edge blockchain company that is working to make cryptocurrency accessible, safe, and rewarding. Using advanced platforms and solutions that focus on the user, Topnotch Crypto is enabling individuals around the world to participate in the future of digital finance. 

    For press inquiries, partnership opportunities, or more information, please contact:

    Topnotch Crypto Media Relations
    info@topnotchcrypto.com
    https://www.topnotchcrypto.com/

    Experience the freedom to mine Bitcoin anytime, anywhere. Download the Topnotch Crypto app today and turn your smartphone into a powerful Bitcoin mining machine.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in the loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Lightchain AI Confirms July 2025 Mainnet Launch, Introducing Decentralized AI Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI a decentralized infrastructure protocol focused on artificial intelligence, has confirmed the launch of its mainnet in July 2025. This milestone marks a significant step forward in integrating AI execution into blockchain environments through real-time task processing, developer tools, and incentive-driven consensus.

    Designed with scalability, transparency, and performance at its core, Lightchain AI’s architecture introduces a new layer of utility to blockchain networks. The protocol features the Artificial Intelligence Virtual Machine (AIVM), which enables distributed training and inference of AI models across validator nodes using zero-knowledge proofs and federated learning mechanisms.

    At the heart of the network lies a novel Proof of Intelligence (PoI) consensus, rewarding nodes for completing useful AI tasks such as model optimization and data analysis. This approach transforms compute power into verifiable contributions that can support diverse use cases across healthcare, finance, logistics, and more.

    “Launching our mainnet in July is a major step toward making AI-based computation more open, distributed, and accessible,” said a Lightchain AI spokesperson. “We are building a transparent ecosystem where developers and node operators can work together to create meaningful real-world AI solutions.”

    Key features of the Lightchain AI network include:

    • Artificial Intelligence Virtual Machine (AIVM): Secure, privacy-preserving AI task execution
    • Gas Optimization: Fee adjustment based on task complexity and network load
    • Decentralized Storage: Enables verifiable data integrity and transparency
    • Developer Ecosystem: Public GitHub repositories, API libraries, and onboarding documentation
    • $150,000 Grant Pool: Available for developers building tooling, explorers, or dApps
    • Validator Onboarding: Node registration and task allocation tools now live

    The upcoming launch builds on Lightchain AI’s successful $21.1 million presale across 15 funding rounds, reflecting early community engagement and confidence in the platform’s mission. The Bonus Round remains active at a fixed price of $0.007 per token as Lightchain finalizes preparations for mainnet rollout.

    Developers, validators, and ecosystem partners are invited to join the growing network and participate in shaping the future of decentralized artificial intelligence.

    For more information and ongoing updates, visit:
    https://lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80d4d6ec-5a84-44f2-a9b1-b48b8264241a

    The MIL Network –

  • MIL-OSI: Lightchain AI Confirms July 2025 Mainnet Launch, Introducing Decentralized AI Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI a decentralized infrastructure protocol focused on artificial intelligence, has confirmed the launch of its mainnet in July 2025. This milestone marks a significant step forward in integrating AI execution into blockchain environments through real-time task processing, developer tools, and incentive-driven consensus.

    Designed with scalability, transparency, and performance at its core, Lightchain AI’s architecture introduces a new layer of utility to blockchain networks. The protocol features the Artificial Intelligence Virtual Machine (AIVM), which enables distributed training and inference of AI models across validator nodes using zero-knowledge proofs and federated learning mechanisms.

    At the heart of the network lies a novel Proof of Intelligence (PoI) consensus, rewarding nodes for completing useful AI tasks such as model optimization and data analysis. This approach transforms compute power into verifiable contributions that can support diverse use cases across healthcare, finance, logistics, and more.

    “Launching our mainnet in July is a major step toward making AI-based computation more open, distributed, and accessible,” said a Lightchain AI spokesperson. “We are building a transparent ecosystem where developers and node operators can work together to create meaningful real-world AI solutions.”

    Key features of the Lightchain AI network include:

    • Artificial Intelligence Virtual Machine (AIVM): Secure, privacy-preserving AI task execution
    • Gas Optimization: Fee adjustment based on task complexity and network load
    • Decentralized Storage: Enables verifiable data integrity and transparency
    • Developer Ecosystem: Public GitHub repositories, API libraries, and onboarding documentation
    • $150,000 Grant Pool: Available for developers building tooling, explorers, or dApps
    • Validator Onboarding: Node registration and task allocation tools now live

    The upcoming launch builds on Lightchain AI’s successful $21.1 million presale across 15 funding rounds, reflecting early community engagement and confidence in the platform’s mission. The Bonus Round remains active at a fixed price of $0.007 per token as Lightchain finalizes preparations for mainnet rollout.

    Developers, validators, and ecosystem partners are invited to join the growing network and participate in shaping the future of decentralized artificial intelligence.

    For more information and ongoing updates, visit:
    https://lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/80d4d6ec-5a84-44f2-a9b1-b48b8264241a

    The MIL Network –

  • MIL-OSI Submissions: Moldova – Moldova Launches Agrotek Arena: A New Incubator for Digital Agriculture, Robotics, and FoodTech

    Source: Innovate Moldova Programme

    Chișinău, Moldova – Moldova is taking a decisive step toward the future of agriculture with the launch of a new incubator and pre-accelerator at Agrotek Arena Incubator, an innovation space dedicated to digital agriculture, robotics, and food technology. The initiative is part of the Innovate Moldova Programme, funded by Sweden, and aims to modernize the country’s agri-food sector through innovation, research, and international collaboration.

    On July 9, 2025, a Memorandum of Understanding was signed between the Moldova’s Ministry of Digitalization and Economic Development (MDED), the Technical University of Moldova (UTM), the Innovate Moldova Programme, and the Ukraine-Moldova American Enterprise Fund (UMAEF), marking the start of this strategic partnership.

    The incubator will span 1,300 square meters across two refurbished floors of Agrotek Arena and will host up to 30 residents – startups, student entrepreneurs, researchers, and agri-food businesses. It is projected to benefit over 3,000 students, farmers, and food processors annually by providing access to cutting-edge technologies, prototyping labs, greenhouses, and innovation support programs.

    “Agriculture remains a backbone of Moldova’s economy. Yet, without modern tools and forward-thinking infrastructure, its full potential cannot be realized, Agrotek Arena will serve as a launchpad for innovation, helping us bridge the gap between academia, industry, and global partners.”

    stated Doina Nistor, Deputy Prime Minister and Minister of Digitalization and Economic Development.

    The incubator is set to open its doors to residents by September 1st, with a structured acceleration program launching in October 2025. Activities will focus on developing viable agri-tech solutions in areas such as precision agriculture, smart irrigation, and sustainable food processing.

    Shared Investment and Global Collaboration

    The $1 million project is built on a shared funding model. Innovate Moldova Programme and UMAEF are supporting the refurbishment of common areas, while UTM is offering rent-free space and managing energy efficiency upgrades. Residents will contribute by equipping their dedicated offices with air conditioning, furnishings, and technical installations.

    Agrotek Arena will also establish strong linkages with European and North American technology providers. Strategic collaborations include:

    Davis Weather Stations for climate-smart farming,
    Biosfera’s GPS AgTech Solutions for resource-optimized agriculture,
    SAS Cropio ERP Systems for real-time farm data analytics.

    These partnerships not only bolster Moldova’s agricultural transformation but also create long-term business opportunities for EU, EFTA and North Atlantic region.

    A Foundation for Moldova’s AgriTech Future

    Located on UTM’s 5-hectare Mircești campus in capital Chișinău and linked to 570 hectares in Criuleni region, Agrotek Arena is the first major milestone in the broader Agrotek Park vision. Future plans include the development of high-tech farming sites, applied R&D centers, and repurposed Soviet-era infrastructure into labs and innovation hubs.

    “This is more than a building—it’s the beginning of Moldova’s transformation into a regional hub for sustainable agri-tech. By fostering ties between startups, universities, and international partners, we are laying the groundwork for high-value job creation and export-ready technologies.”

    said Sergiu Rabii, Programme Director at the Innovate Moldova Programme

    Agrotek Arena will also support Moldova’s alignment with EU standards by integrating sustainable design, ESG practices, and inclusive economic development into its operational model.

    MIL OSI – Submitted News –

  • MIL-OSI Submissions: Moldova – Moldova Business Week 2025. Discover Moldova’s Economic Opportunities at the Country’s Leading Economic Forum

    Source: Invest Moldova Agency

    Chișinău, July 16, 2025 – Invest Moldova Agency invites business leaders, investors, business associations, public and private partners to the tenth edition of Moldova Business Week – the country’s most important economic forum, taking place between September 15-19, 2025.

    The event will bring together participants from the business, institutional, and academic communities, both from Moldova and abroad, with activities scheduled in Chișinău and other regions across the country.

    Organized under the theme “Moldova is Open for Business”, this milestone edition highlights Moldova’s ongoing commitment to international economic cooperation.

    MBW25 reflects the country’s strategic direction toward building a sustainable, digital, and regionally integrated economy, further strengthening Moldova’s position as an emerging investment destination in Europe.

    The forum’s agenda includes B2B sessions, thematic panels, investor and exporter success stories, field visits, and a strong focus on networking and business development.

    This edition will place special emphasis on four strategic pillars:

     State Aid Scheme for Industrialization – a competitive investment attraction tool supporting six strategic sectors, offering state assistance of up to 60% of the total investment amount.

     Moldova IT Park – a flagship success in the IT and business services sector, offering a unique flat tax rate of 7%, guaranteed by law until 2035.

     Infrastructure and Renewable Energy Investments – aiming to strengthen energy independence, diversify supply sources, ensure direct energy integration with the EU, and accelerate the transition to green energy.

     Positioning Moldova as a regional logistics hub – contributing to the reconstruction of Ukraine through infrastructure, logistics, and the production of construction materials.

    “Through this anniversary edition, Moldova will demonstrate its readiness to play an active role in the regional economy. We have talented people, a business-friendly fiscal environment, and a clear development vision,” says Natalia Bejan, Director of the Invest Moldova Agency.

    Recent data reinforces this message:

    In 2024, 1.3% of all cars produced globally included components made in Moldova.
     
    Moldova ranks among the top 20 global producers and exporters of apples, apricots, plums, and wine.
     
    IT exports have increased more than fivefold between 2018 and 2024.
     
    The British company William Russell named Moldova the most promising real estate investment destination in Europe for 2025.
     
    International rating agencies Fitch and Moody’s have reaffirmed Moldova’s sovereign ratings with a stable outlook, reflecting investor confidence and economic resilience.

    MIL OSI – Submitted News –

  • MIL-OSI USA: Tillis Announces $24 Million for Raleigh-Durham International Airport Improvements

    US Senate News:

    Source: United States Senator for North Carolina Thom Tillis

    WASHINGTON, D.C. – Today, Senator Thom Tillis announced a $24 million grant from the U.S. Department of Transportation (DOT) to realign key sections of the roadway in front of two terminals at Raleigh-Durham International (RDU) Airport and widen the roadway from two lanes to four lanes. The funding comes from the Better Utilizing Investments to Leverage Development (BUILD) Grant Program for fiscal year 2025, which is partially funded by the Bipartisan Infrastructure Law (BIL), legislation that Senator Tillis helped negotiate, write, and pass into law.  

    “This funding will ensure that RDU not only meets national standards but also continues to provide an exceptional experience for passengers,” said Senator Tillis. “As the Triangle region continues to grow, it is vital that we invest in our public transportation and infrastructure, including our airports. I am proud to have worked alongside local leaders to secure this critical funding.”

    MIL OSI USA News –

  • MIL-OSI United Nations: From diamonds to dirt: Sierra Leone youth bring land back to life

    Source: United Nations 2

    But now, parts of the land have been restored. Crops are beginning to flourish and bees are buzzing around once again.

    The people responsible for this change are a hodgepodge group – former taxi drivers and miners, people who barely finished secondary school and some with higher education degrees. The unifying factor? Most have youth on their side.

    “There is life beyond mining [but] we all grew up with the mentality that diamond is the only solution,” said Sahr Fallah, chairman of the Youth Council in Kono.

    Over 44 percent of the 1.3 billion people aged 15-24 are employed in agrifood systems. However, this group often does not have the same access to resources as older generations. Moreover, they are sidelined in the conversations which might change this systemic exclusion.

    © UNICEF/Olivier Asselin

    Young men work on a diamond mining site near Koidu, Sierra Leone. (file)

    “A lot of the time, what we find is that young people are included in policy processes but it is a little bit tokenistic. They don’t feel like their voice really matters,” said Lauren Phillips, a deputy director at the Food and Agriculture Organization (FAO).

    Decent work = economic growth

    The High-Level Political Forum on Sustainable Development in New York has been convened this week and next, to discuss progress – or lack thereof – towards the globally agreed Sustainable Development Goals (SDGs), one of which guarantees decent work for all.

    Despite this commitment, over half of the global workforce remains in informal employment, according to the Secretary-General’s report on the SDGs released Monday. This means that they do not have adequate social or legal protections.

    “Decent work must be at the heart of macroeconomic planning, climate and diesel transitions and social recovery strategies,” said Sangheon Lee, director of employment policy at the International Labor Organization (ILO).

    Don’t ignore youth

    Like other vulnerable groups, young people face unique challenges in the agrifood sector. Specifically, they often lack land rights and will struggle to act collectively to protect their interests.

    “If you are not looking at data with a lens of age or gender, you are actually missing part of the story,” Ms. Phillips said.

    Among these assets are land titles – which the elderly may be reluctant to pass down because of insufficient social protections. Youth also are less able to access credit so they can invest in themselves and their families.

    Betty Seray Sam, one of the young farmers in Kono, said that her family never used to come to her when they were going through a crisis – they knew that she had no money and a child to support.

    © FAO/Heba Khamis

    Young farmers load tomatoes onto trucks in Nubaria, Egypt.

    But now, through an agricultural job in Kono, she can support her family during times of crisis.

    “This project has had a rippling effect for the youth in terms of not only improving their livelihoods but also the livelihoods of their families,” said Abdul Munu, president of Mabunduku, a community-based farmer’s organization in Kono.

    Bee a farmer

    Providing training to young people in agrifood systems is absolutely essential to ensure that they can practice sustainable agriculture.

    In Chegutu, Zimbabwe, FAO has helped establish Bee Farmers Schools where young people are taught how to support apiaries through hands-on training activities.

    “The idea is that one of the apiaries can be turned into a classroom where youth from different parts of a district can come just like a school,” said Barnabas Mawire, a natural resource specialist at FAO.

    This training has helped support local youth beekeepers to move beyond local and small-scale honey production to a fully-fledged business model that has the potential to not just fight poverty but actually create local wealth.

    Evelyn Mutuda, the young entrepreneurs representative in Chegutu, aspires to plant Jacaranda trees which she says will improve the quality of the bees’ honey and enable the beekeepers to export beyond local markets.

    “We want to maximize all the profits so we can become better and bigger,” Ms. Mutuda said.

    From Facebook to TikTok

    Being able to form labour associations is one of the key factors of decent work. This sort of collective action is even more important for youth in agrifood who often lack the social capital to enact real policy change.

    “Young people are just starting out, making bonds within their group but also with people outside of their group. Those bonds are important…because there is power in numbers,” Ms. Phillips said.

    She also noted that young people are forming these bonds across geographic distances, often by using technology. Agrifood influencers on Instagram and TikTok, for example, are increasingly shaping conversations about the sector.

    Ms. Phillips also noted that it is important to think of collective action for youth as intergenerational.

    “While the report is focused on young people, it’s not ignorant of the fact that young people live in families…There is a lot which talks about the need for solidarity between generations,” Ms. Phillips said.

    Youth optimism

    The next generation will be the stewards of the food we eat, so integrating them into that system now is essential for future food security and sustainability.

    “Many youth integrate tradition with innovation, creating sustainability and community resilience,” said Venedio Nala Ardisa, a youth representative at the Asia Indigenous Peoples Pact, at an online side event during the high-level forum.

    Angeline Manhanzva, one of the beekeepers in Chegutu, said that the opportunity to become a beekeeper changed her life. One day, she dreams of owning her own bee farm.

    “I will be an old person who has so much wealth and is able to buy her own big land to keep my hives and process my own honey.” 

    MIL OSI United Nations News –

  • MIL-OSI New Zealand: Job seekers move into work

    Source: New Zealand Government

    More than 80,700 people moved off a main benefit and into work in the last financial year, Social Development and Employment Minister Louise Upston says. 

    “Despite challenging economic conditions, the Government has been relentlessly focused on getting New Zealanders into work. It’s encouraging that 80,000 Kiwis were able to kick start new roles over the past 12 months and there will be more to come.” 

    Overall, MSD stats released today show that as expected in the current economic climate, the overall number of people receiving a benefit has increased, ahead of a forecast decrease from December. 

    The number of people receiving a main benefit in June 2025 (406,128) increased by 7,965 (2.0 percent) compared to March 2025 (398,163).

    The number of people receiving Jobseeker Support in June 2025 (216,009) increased by 6,171 (2.9 percent) compared to March 2025 (209,838).

    “Over the last three years, MSD have traditionally seen a trend of more people coming onto benefit in the March to June period,” Louise Upston says.  “It’s likely this is partially because there’s less seasonal work around during the winter months.”

    “MSD is continuing to provide great support to job seekers on the frontline. Our Government has increased the number of people in case management at any one time from 60,000 to 70,000 people. 10,000 of those are getting help through a new phone-based case management service. That’s more people getting more support. 

    “We’ve got 2,100 more places for young people to get community job coaching, more regular work seminars, employment plans to help people get ready for work, and a traffic light system to help them stay on track with their obligations.

    “People now also have to reapply for their benefit every six months, instead of just once a year. This gives MSD an extra opportunity to support them into a job.

    “We know some Kiwis are still doing it tough while the economy recovers, but we’re working as hard as possible to get New Zealanders off welfare and into work,” Louise Upston says.

    MIL OSI New Zealand News –

  • MIL-OSI Security: Middletown Man Who Pretended to be Teenage Boy Online Pleads Guilty to Coercing, Exploiting Minor Girls

    Source: US FBI

    CINCINNATI – A Middletown man pleaded guilty in U.S. District Court to 11 counts of federal child exploitation crimes. The plea agreement includes a recommended sentence of 26 years in prison.  

    William Scott Elam, 53, connected with girls between the ages of 10 and 16 on various online chatting apps. He pretended to be a 14-year-old male and coerced or attempted to coerce the minor victims into creating nude images and videos that involved sexual conduct.

    For approximately four years, Elam began online relationships with numerous minor females in at least seven states. Law enforcement officers have identified at least 10 victims to date. He admitted to coercing victims into masturbating on live video calls with him.

    He manipulated at least one victim into complying by threatening to harm himself if she did not do as he asked. He instructed another victim to self-harm via cutting on live video after learning the victim had a history of self-harm.

    Elam coerced victims into sending him live sexual material by threatening to leak naked images he obtained of them.

    The defendant was arrested in October 2023. He pleaded guilty today to 10 counts of coercion and enticement and one count of sexual exploitation of children.

    Kelly A. Norris, Acting United States Attorney for the Southern District of Ohio, and Elena Iatarola, Special Agent in Charge, Federal Bureau of Investigation (FBI), Cincinnati Division, announced the guilty plea entered on July 14 before U.S. District Judge Jeffery P. Hopkins. Assistant United States Attorney Kyle J. Healey is representing the United States in this case.

    # # #

    MIL Security OSI –

  • MIL-OSI Security: Chihuahua, Mexico, Man Sentenced to Federal Prison for Drug Trafficking

    Source: US FBI

    RAPID CITY – United States Attorney Alison J. Ramsdell announced today that District Court Judge Karen E. Schreier has sentenced a man from Chihuahua, Mexico, for Conspiracy to Distribute a Controlled Substance. The sentencing took place on July 11, 2025.

    Ubaldo Balderrama-Marquez, 59, was sentenced to three years and one month in federal prison, followed by three years of supervised release, and ordered to pay a $100 special assessment to the Federal Crime Victims Fund.

    Balderrama-Marquez was indicted for Conspiracy to Distribute a Controlled Substance by a federal grand jury in November 2006. He pleaded guilty on April 11, 2025.

    The conviction arose from a conspiracy to distribute cocaine operating out of Denver, Colorado. Balderrama-Marquez, along with his brothers Jose Balderrama-Marquez, Miguel Balderrama-Marquez, and Rafael Balderrama-Marquez, sold large quantities of cocaine and marijuana to Ken Walking Eagle, John Ladeaux, and others for further distribution in South Dakota and in the Pine Ridge Indian Reservation.

    This case was investigated by the Badlands Safe Trails Task Force, which is comprised of agents with the Federal Bureau of Investigation, Bureau of Indian Affairs, and officers with the Oglala Sioux Tribe Department of Public Safety and the South Dakota Division of Criminal Investigation. Assistant U.S. Attorney Edward C. Tarbay prosecuted the case.

    Balderrama-Marquez was immediately remanded to the custody of the U.S. Marshals Service. 

    MIL Security OSI –

  • MIL-OSI USA: ICE New England arrests El Salvadorian national, a registered sex offender convicted of possession of child pornography

    Source: US Immigration and Customs Enforcement

    July 16, 2025Boston, MA, United StatesChild Exploitation

    BOSTON — U.S. Immigration and Customs Enforcement Homeland Security Investigations New England has administratively arrested El Salvadorian national Victor Vasquez Cordova, a Level 1 registered sex offender with a past conviction for possession of child sexual abuse material.

    ICE HSI personnel, in coordination with the U.S. Marshals Service, arrested Cordova, 54, on July 10 at his residence in Everett, Massachusetts, for immigration violations.

    Cordova entered the United States on Dec. 18, 1983, as a lawful permanent resident.

    He was convicted on March 31, 2022, of possession of child pornography. Cordova was sentenced to 18 months’ probation and ordered to register as a sex offender.

    He will be held in ICE custody pending a hearing before an immigration judge.

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

    MIL OSI USA News –

  • MIL-OSI USA: SPC Severe Thunderstorm Watch 520

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL0

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 520
    NWS Storm Prediction Center Norman OK
    550 PM EDT Wed Jul 16 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Northern Indiana
    Southwest Lower Michigan
    Lake Michigan

    * Effective this Wednesday afternoon from 550 PM until Midnight
    EDT.

    * Primary threats include…
    Scattered damaging wind gusts to 65 mph possible

    SUMMARY…Thunderstorms currently affecting northeast Illinois will
    track eastward across the watch area through the early evening.
    Locally damaging wind gusts are the primary concern.

    The severe thunderstorm watch area is approximately along and 40
    statute miles east and west of a line from 60 miles south of South
    Bend IN to 35 miles north northwest of Kalamazoo MI. For a complete
    depiction of the watch see the associated watch outline update
    (WOUS64 KWNS WOU0).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 517…WW 518…WW 519…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    1 inch. Extreme turbulence and surface wind gusts to 55 knots. A few
    cumulonimbi with maximum tops to 500. Mean storm motion vector
    25025.

    …Hart

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW0
    WW 520 SEVERE TSTM IN MI LM 162150Z – 170400Z
    AXIS..40 STATUTE MILES EAST AND WEST OF LINE..
    60S SBN/SOUTH BEND IN/ – 35NNW AZO/KALAMAZOO MI/
    ..AVIATION COORDS.. 35NM E/W /38ENE BVT – 15WSW GRR/
    HAIL SURFACE AND ALOFT..1 INCH. WIND GUSTS..55 KNOTS.
    MAX TOPS TO 500. MEAN STORM MOTION VECTOR 25025.

    LAT…LON 40838709 42698660 42698503 40838555

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU0.

    Watch 520 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Low (

    MIL OSI USA News –

  • MIL-OSI USA: Pfluger Applauds More Counties in TX-11 Added to Major Disaster Declaration for Support from FEMA

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    SAN ANGELO, TX — Today, Congressman August Pfluger (TX-11), alongside local leaders, applauded the decision to add more counties across Texas’s 11th Congressional District to President Trump’s Major Disaster Declaration to receive varying levels of support from FEMA. Within the 11th District, the list currently includes Kimble, Llano, Mason, McCulloch, and Menard Counties for Public Assistance, and San Saba and Tom Green Counties for Public and Individual Assistance.

    “Texas has experienced unimaginable tragedy over the past week from the devastating floods that swept through Central and West Texas on July 4th,” said Rep. Pfluger. “Several counties in my district were hit especially hard. Thanks to Governor Abbott’s advocacy and the President’s Major Disaster Declaration, Kimble, Llano, Mason, McCulloch, Menard, San Saba, and Tom Green counties are all eligible for vital FEMA assistance. My team and I have worked closely with local leaders and officials to ensure accurate damage assessments, and we will continue working to secure the resources these counties, and others, need.”

    “I would like to express my thanks to everyone, including Federal, State, and in particular our county emergency management and response teams, who assisted in the disaster response from the recent flood incidents and related damages in Kimble County. I am thankful that our county has been added to President Trump’s Disaster Declaration to ensure we receive the support necessary to rebuild and provide the necessary resources to the county and individuals in a timely manner. I have been blown away by, and very thankful for, how the community has come together in such difficult times, and I remain hopeful that we will recover from this disaster as quickly as is practical,” said Kimble County Judge Hal Rose.

    “Llano County is grateful for Congressman August Pfluger’s leadership and dedicated assistance in response to the catastrophic flooding in the Texas Hill Country that occurred during the July 4th holiday. In the face of an unprecedented natural disaster, Congressman Pfluger demonstrated a steadfast commitment to the well-being of our residents. His prompt coordination with state and federal agencies, advocacy for emergency resources, and visible presence in affected areas were instrumental in accelerating critical response efforts and facilitating the deployment of relief measures. Through his actions, Congressman Pfluger and his staff exemplified the highest standards of public service, ensuring that Llano County’s needs were heard and addressed during a time of urgent crisis. We are immensely grateful for his partnership and resolute service to our community during this time of adversity,” said Llano County Judge Ron Cunningham.

    “Mason County is grateful for the concern and support provided at the state and federal levels in response to the July 4th flooding event. To be added to the major Disaster Declaration is huge, as destruction of this magnitude challenges a small county budget and resources. Having the commitment of our state and federal leaders is crucial to the long-term recovery of destroyed infrastructure. Mason County is blessed to be in the 11th District of Texas under the leadership of Congressman Pfluger,” said Mason County Judge Sheree Hardin.

    “McCulloch County has been truly humbled by the response from our Local, State, and Federal entities as we deal with the July 4th flood-related damages. A traumatic event such as this is overwhelming, and the outpouring of support from President Trump and Congressman August Pfluger eases our citizens’ burdens and allows our local governments the ability to make necessary repairs and plan for future improvements to emergency responses,” said McCulloch County Judge Frank Trull.  

    “I’d like to thank everyone who has helped submit the damage caused by the July 4th flood that enabled our inclusion in the disaster declaration for Public Assistance. Without this support, Menard County would have been set back years as we try to repair the damaged roads and public buildings. We are especially grateful to our regional partners with the Texas Division of Emergency Management, the local leaders of the Menard Mission Team and the Beautification of Menard, and the volunteers and neighbors who have lent a helping hand or encouraging word through this trying time. We sincerely appreciate the support of Congressman Pfluger and his staff as we work to document the damage inflicted on the citizens of Menard County, and are optimistic that our efforts will highlight the need for our community to be escalated into the proclamation for Individual Assistance as well,” said Menard County Judge Brandon Corbin.

    ICYMI: Last week, Congressman Pfluger announced the addition of San Saba and Tom Green counties to the Major Disaster Declaration alongside local leaders. You can read the announcement and their statements HERE.

    If you have been impacted by the floods, please visit the FEMA website to request support: www.DisasterAssistance.gov

    MIL OSI USA News –

  • MIL-OSI USA: Pfluger Speaks on the House Floor to Honor the Lives Lost in the July 4th Floods and Share His Personal Story

    Source: United States House of Representatives – Congressman August Pfluger (TX-11)

    Read his remarks as delivered below:

    I thank my colleague, and I want to say that he’s done a great job of representing in a very tough time. It’s easy to lead when times are good, but when times are tough, you see character, and Mr. Roy has done a very nice job, an extraordinary job, of leading in a very challenging situation.

    It’s with a heavy heart that I rise today to honor all of the lives that were lost during this devastating, tragic series of floods that swept through Central and West Texas last week, and to recognize the bravery and the selflessness of the heroes who stepped up when they were needed most.And I’ll start by honoring the memory of the 11 lives that were lost from my district: Officer Bailey Martin, Bobby Martin, Amanda Martin and Jayda Floyd from Odessa; Shellie Crossland, Cody Crossland, Joel Ramos, Kyndall Ramos, and Tasha Ramos from Midland; Tanya Burwick from Blackwell, who worked in San Angelo for many years, and Steve Edwards from San Angelo. These lives were lost far too soon. These were selfless individuals, leaders, officers in the police force, and people that we will miss dearly. We’re going to continue to pray for the many more lives that have been lost, and for the families that are still searching for them, hoping and praying for a miracle.

    You know, I sent my young girls to Camp Mystic for a couple of reasons. Number one, because for young women, this was a place where they didn’t have access to the digital world. They had access to relationships. They were taught about faith. They were placed in cabins with other young girls, where they learned how to develop friendships. They learned things like horseback riding and archery, swimming, and camp craft. And my girls are fourth-generation campers at Camp Mystic. I learned about this when I was a kid and went to many closing ceremonies as a young child, watching my sister and her friends, and now I have had the opportunity to watch my own girls, for the last 10 years, attend this camp. I want to say that my wife, Camille, and I are eternally grateful that we are reunited with my two daughters, who were present at the camp during this tragedy. And while we rejoice their safety, and I will be forever grateful to God for sparing their lives, we are mourning and deeply grieving with the many families who are having to say goodbye to their loved ones, to their daughters, up and down the river, campers who were there for the Fourth of July to celebrate our nation’s independence, to celebrate being with families. It’s just unimaginable the grief, and it’s unimaginable the heartbreak, especially those young kids and those young girls, specifically at Camp Mystic.

    I want to honor Dick Eastland, who is the owner of Camp Mystic, a man that I’ve known my entire life. A man who gave his life trying to save campers at Camp Mystic. The Eastland family, for years, has poured their lives into young women, building these young women and these young ladies to be women of faith, to be women of character, to be citizens of this great nation, to raise families in a way that you see the character and the strength of their faith. And you know, Dick Eastland and the entire Eastland family are like many other families throughout this country that run camps, whether it be Boy Scout camps, Girl Scout camps, YMCA camps, summer camps, church camps, it doesn’t matter. But these camps are important for our nation in a way that sometimes parents can’t always do. These camps represent a place where these kids can come and they can learn how to be better citizens, how to be better friends, how to be better community members. And they’re important. Camp Mystic was important.

    The image that I’ll never forget in my mind as I walked through the camp just two days after this tragedy, is where my young daughter stood getting away from the flood that was rising very rapidly. And where she had her head bowed, praying for safety, and as they were singing songs, knowing that there was a really tragic event unfolding in front of them, praying for their friends and for their safety. My middle daughter said that this was a family. Everybody knew everybody. And this family is deeply grieving right now. I hope that this serves as a wake-up call to our nation; that it serves as a wake-up call for us to congratulate and celebrate the countless heroes, some of whom gave their lives, and we will never know their stories, and to celebrate the fact that we live in a country where we can freely worship, where we can stand firm on our faith.

    Camp Mystic was a place, like other places throughout this country, that taught these young, innocent souls. That taught them to lean on their faith. That taught them to lean on their friends and their relationships and their families. That taught them the core values of what this great country affords. And I hope that this serves as a wake-up call for all of us to get back to that foundation that we can take a lesson from this tragedy, and we can build on it in a way that we do good, that we honor the memory of almost 130 people now, and rising, that tragically lost their lives, that we won’t ever forget. This green ribbon here serves as a reminder today. Again, I want to thank my friend Chip Roy for representing during this hard time and for calling this hour to recognize that memory. And I yield back.

    MIL OSI USA News –

  • MIL-OSI USA: News 07/11/2025 VIDEO: Blackburn, White House Economic Council Director Highlight One Big Beautiful Bill’s Historic Victories on ‘Unmuted with Marsha’

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    NASHVILLE, Tenn. – Today, U.S. Senator Marsha Blackburn (R-Tenn.) released a new episode of ‘Unmuted with Marsha’ with White House National Economic Council Director Kevin Hassett breaking down the economic benefits of the One Big Beautiful Bill for Tennesseans and all Americans.
    Senator Blackburn and Kevin Hassett discussed how the One Big Beautiful Bill, now the law of the land, will boost take-home pay for families by $10,000, cut taxes on overtime and tips, provide a $6,000 bonus deduction to millions of low- and middle- income seniors, save Tennesseans thousands in taxes, and bolster America’s border security.

    Click here to watch this episode of ‘Unmuted with Marsha.’

    “I was talking with a small business owner yesterday morning, and after the 2017 cuts, they had hired two people so their business could grow, and they had been tapping the pencil on the paper, waiting to see if we were going to get this done because they wanted to keep those two employees and wanted to hire two more… People in Tennessee are so excited that the bill is now signed into law, and they’re so pleased to know that those tax cuts from 2017 are going to be made permanent,” said Senator Blackburn.

    “I was really impressed at how effective you were at driving the bill forward. I’d say that the way to think about this bill is that it’s going to give us… a whole bunch of new stuff that’s explicitly targeted at blue collar workers and middle-class workers. The people who need the help the most. And so, for example, there are about 90 million hourly workers in the US, and now, if they work overtime, then there’ll be no tax or extra tax on the overtime. Our own Council of Economic Advisers has estimated that this bill will increase the take-home pay for the typical family by about 10 to $13,000 and that’s really, really going to make a difference in people’s lives,” said Director Hassett.
    RELATED

    MIL OSI USA News –

  • MIL-OSI USA: News 07/16/2025 VIDEO: Blackburn Details Wasteful Government Spending, Highlighting Need for Senate to Pass Rescissions Package

    US Senate News:

    Source: United States Senator Marsha Blackburn (R-Tenn)
    WASHINGTON, D.C. – U.S. Senator Marsha Blackburn (R-Tenn.) delivered remarks on the Senate floor detailing the need for the U.S. Senate to pass the $9 billion rescissions package to eliminate wasteful government spending.

    Click here to download Senator Blackburn’s remarks on the Senate floor. 
    REMARKS AS PREPARED
    America’s Current Fiscal Path Is Unsustainable, and President Trump Has a Mandate to Rein in Wasteful Spending
    Mister President, when I talk to Tennesseans, one of the biggest concerns they have for our nation’s future is our national debt.
    After four years of reckless, far-left spending under the Biden administration, it now sits at $37 trillion.
    That’s $108,000 for every American citizen.
    Today, we are spending more on interest payments on the debt than what we spend to fund our entire military. 
    Tennesseans and the American people know that this path is unsustainable.
    That’s why they returned President Trump to the Oval Office with a mandate to rein in wasteful spending.
    And that’s exactly what he has done.
    Congress Must Permanently Eliminate Wasteful Spending
    Since Inauguration Day, this administration has identified more than $190 billion in potential savings across the federal government—on everything from unused office space to far-left DEI programming.
    This is a victory for the American people.
    But while President Trump can stop these funds from going out the door, it is Congress’s responsibility to claw them back and make these savings permanent.
    Otherwise, a future Democrat President could open the floodgates of wasteful spending once again.
    That’s why Republicans are moving forward with a rescissions package this week that will save American taxpayers $9 billion.
    With our national debt at unsustainable levels, we must be careful stewards of taxpayer dollars. That means eliminating obvious waste that serves no benefit for the American people.
    Rescissions Package Will Eliminate Reckless Spending on Biased Public Media
    That’s exactly what this bill accomplishes, and this is only the beginning of the Trump administration’s efforts to eliminate reckless spending.
    It eliminates $1.1 billion for the Corporation for Public Broadcasting.
    This is the organization that funds NPR and PBS—which have pushed left-wing ideology on the taxpayers’ dime for years.
    NPR’s CEO, Katherine Maher, has called President Trump a “fascist” and “deranged racist.”
    Ahead of the 2020 election, her outlet refused to cover the revelations about Hunter Biden’s laptop and overseas business deals—which turned out to be entirely true.
    As NPR’s leadership put it at the time: “We don’t want to waste the listeners’ and readers’ time on stories that are just pure distractions.”
    Rescissions Package Will Cut Billions in Foreign Spending That Undermines American Values
    The rescissions package also cuts billions in foreign spending that does absolutely nothing to promote American values and interests abroad:
    $4 million for “sedentary migrants” in Colombia;
    $3 million for an Iraqi version of Sesame Street;
    $1 million for voter ID efforts in Haiti;
    $500,000 for electric buses in Rwanda;
    $6 million for “Net Zero Cities” in Mexico;
    $2.1 million for “climate resilience” in Asia, Latin America, and Africa.
    And on and on.
    At the same time, the package eliminates $1 billion in funding for international organizations that work against American interests, including:
    $135 million for the corrupt World Health Organization, which covered for Communist China throughout the COVID pandemic;
    And $8 million for the UN Human Rights Council, which supports dictators and repressive regimes while demonizing our ally, Israel.
    Americans Support Fiscal Responsibility 
    All in all, these savings are just common sense.
    The American people support these cuts. They want fiscal responsibility. They want a future where their children and grandchildren do not have to bear the burden of crippling debt. And this rescissions package is an incredible first step in taking on this problem. 

    MIL OSI USA News –

  • MIL-OSI United Nations: World News in Brief: Haiti funding cuts bite, civilian suffering intensifies in Myanmar, Belarus deaths in custody alert

    Source: United Nations MIL OSI b

    Ongoing violence is compounding the country’s food crisis, disrupting local food production in critical areas such as the commune of Kenscoff and the Artibonite department, often considered the breadbaskets of Haiti.

    While the UN and its partners are responding “wherever and whenever possible,” UN Spokesperson Stéphane Dujarric said this Wednesday that humanitarians have only been able to reach 38 per cent of the population they aim to support.

    Multiple roadblocks

    “This is due to ongoing violence and insecurity, severe underfunding of the response, and the obvious access challenges,” he said.

    Over halfway through the year, Haiti is the least-funded of the many humanitarian appeals that the UN coordinates – despite shortfalls for food security in the country being at extreme levels – with just over two per cent of the $425 million needed this year received to date.

    Myanmar: Intensifying conflict impedes humanitarian aid

    Almost four months after Myanmar’s devastating earthquake, the UN is deeply concerned over the plight of civilians caught up in the country’s devastating and continuing conflict between the military regime and opposition armed groups.

    As fighting intensifies, civilians are particularly vulnerable, with increasing attacks on infrastructure.

    According to reports, an air strike hit a monastery in Sagan Township in Sagaing Region on 11 July, killing 22 people and injuring at least 50 others. The monastery had been providing shelter to displaced people who had fled nearby villages.

    A displacement camp in North Shan State was also reportedly hit by an airstrike over the weekend.

    ‘Broader pattern’

    “These incidents are part of a broader pattern of attacks affecting people across Myanmar,” said Mr. Dujarric, with frequent reports of people being killed, injured or displaced by violence.

    Such insecurity also impacts the ability of humanitarian teams to reach people in need: with one in three people now facing acute hunger, and the current monsoon season having caused flooding, “the UN urgently calls on all parties to respect human rights and international humanitarian law,” he said.

    Belarus: Rights experts urge probe into deaths in custody of opposition activists

    Top independent human rights experts called on Belarus on Wednesday to launch urgent investigations into the deaths of several people jailed for political dissent.

    The experts – who are known as Special Rapporteurs – highlighted the case of 61-year-old businessman Valiantsin Shtermer. He died in May 2025 while serving his sentence in a so-called “Correctional Colony” in Šklou.

    Mr. Shtermer had been jailed for making critical remarks about Russia’s full-scale invasion of Ukraine. Despite his serious medical condition, he was allegedly denied adequate care in prison.

    Fifty-year-old opposition activist Vitold Ashurak meanwhile, also died shortly after being placed in an isolation in the same prison.

    According to the Special Rapporteurs, Mr. Ashurak was a member of the Belarusian National Front who was jailed for violating public order during protests related to the disputed 2020 presidential elections.

    We must not ignore these deaths

    “These deaths must not be ignored,” said the experts, who added that there were strong grounds to believe that they resulted from abuse or neglect linked to the exercise of fundamental rights.

    “It is of the utmost importance to thoroughly investigate the alleged instances of ill-treatment and neglect that resulted in the deaths of Shtermer, Ashurak, Puškin and other persons designated as political prisoners by human rights defenders,” the Human Rights Council appointed experts underscored.

    “There are strong reasons to believe that these individuals lost their lives in retaliation for exercising their civil and political rights, including the rights to freedom of expression and peaceful assembly.”

    The independent experts voiced concern that some opposition figures had been stigmatised and labelled as “extremists” or even “terrorists”.

    Special Rapporteurs report regularly to the Human Rights Council. They are not UN staff and do not receive payment for their work.

    MIL OSI United Nations News –

  • MIL-OSI United Nations: Syria: UN chief urges de-escalation as Sweida violence escalates, Israel strikes Damascus

    Source: United Nations MIL OSI b

    News reports estimate that the sectarian violence in the predominantly Druze city of Sweida, south of the capital, has killed more than 200.

    Israel explained its attacks in the heart of the capital and on pro-government forces in Sweida as a defensive move in support of the Druze community, which has a significant presence within Israel and in the Israeli-occupied Golan.  

    The strikes on the defence ministry in Damascus also hit an area near the presidential palace, according to news reports and Syrian authorities.

    Pledging to protect the Druze minority but also following up on its threat to attack any Syrian military operations taking place south of the capital, Israel said it would intensify strikes if government forces did not withdraw from the region, according to news reports.

    Syrians ‘robbed’ of opportunity for peace

    “The Secretary-General is alarmed by the continued escalation of violence in Sweida” and “unequivocally condemns all violence against civilians,” said UN Spokesperson Stéphane Dujarric on Wednesday.  

    It was the second day in a row that the UN chief has intervened to highlight the increasing civilian toll and “reports of arbitrary killings and acts that fan the flames of sectarian tensions and rob the people of Syria of their opportunity for peace.”  

    Mr. Guterres further condemned Israel’s “escalatory airstrikes” on Sweida, Daraa and central Damascus, together with “reports of the IDF’s redeployment of forces in the Golan,” the highly-contested mountainous region along the border of the two countries. 

    The UN also called on Israel to cease any violations of Syria’s sovereignty and respect for the 1974 Disengagement of Forces Agreement. 

    The UN chief also reiterated the need to support “a credible, orderly and inclusive political transition in Syria in line with the key principles of Security Council Resolution 2254.”

    Extending his condolences to the people of Syria, the Secretary-General reiterated his call for an immediate de-escalation of violence measures to facilitate humanitarian access.  

    Civilians in peril

    Mr. Dujarric said UN humanitarians were warning that “the deadly hostilities continue to put civilians at risk, with ongoing reports of significant displacement and damage to critical infrastructure, including water, electricity and telecommunications networks,” Mr. Dujarric said.  

    Access to Sweida and the impacted areas remains severely constrained due to insecurity and road closures, and civilians are unable to reach shelters.  

    The UN Humanitarian Coordinator in Syria, Adam Abdelmoula, said that the UN and its humanitarian partners plan to assess the needs and provide essential assistance in Sweida as soon as conditions allow.

    Mr. Dujarric underscored that medical services in Sweida and the neighbouring Daraa Governorate are overstretched and hospitals are almost at capacity.  

    While the World Health Organization (WHO) has dispatched emergency medical supplies to Daraa, deliveries to Sweida have yet to get through due to the fighting. 

    MIL OSI United Nations News –

  • MIL-OSI USA: Kaptur Joins McCollum In Leading 45 Bicameral Colleagues In Letter Opposing Cuts To The Corporation For Public Broadcasting

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Lawmakers emphasize importance of emergency broadcasting funding to keep Americans safe amid natural disasters and emergencies

    Washington, DC — On Wednesday, Congresswoman Marcy Kaptur (OH-09), joined Congresswoman Betty McCollum (MN-04) in leading a letter alongside 45  bicameral Congressional colleagues to President Trump urging him to reconsider his decision to defund the Corporation for Public Broadcasting (CPB). The CPB supports America’s children with educational programming and ensures that emergency broadcasting keeps Americans safe amid natural disasters and emergencies. The proposed rescission to the CPB will force small stations around the country to close, leaving significant gaps in coverage for Americans who rely on these vital services for noncommercial, high-quality, localized content and telecommunications. 

    The letter comes amid Congressional Republicans’ attempt to pass President Trump’s proposal to rescind $10 Billion in federal funding that Congress approved four months ago on a bipartisan basis. Despite bipartisan opposition to the bill, the US Senate voted to move forward to debating and amending the legislation on Wednesday by the slimmest possible margin following a tie-breaking vote cast by Vice President JD Vance. 

    “We write to express our deep concern regarding the $1.1 Billion claw back of funds to the Corporation for Public Broadcasting (CPB) included in the proposed recissions you sent to Congress on May 28, 2025,” said the lawmakers in their letter to the White House. “The package was passed through the House of Representatives on June 12, over the objections of all Democratic and four Republican Members. The cuts to CPB in the recission package undermine the public media that Americans rely on for unfettered access to information, educational programming for kids, cultural programming, and nationwide emergency alerting.

    “Public media has received bipartisan support for the past 50 years because Congress has continuously recognized that access to public media is in the public’s best interest. The Public Radio Satellite System (PRSS) is the backbone of the Emergency Alert System (EAS) and Amber Alerts and plays a critical role in keeping Americans informed and safe during emergencies. As key local news providers, public radio stations leverage their reporting resources to offer live news and information on disasters and other emergencies, providing real-time information on where local audiences can access resources and safe locations.

    “As our nation experiences increased instances of severe weather and climate shocks, this service is more important than ever. In Minnesota, Minnesota Public Radio (MPR) delivers programming and services across the state, and in some areas is the only local source for news and updates during an emergency. When the power goes out, and cell networks or the internet go down, MPR is the most reliable form of communication in an emergency and provides essential backstopping for all other emergency alerting services and activities across the public media system. This is true across all 50 states, and losing this important service in the middle of hurricane, flood, and tornado season will prove devastating nationwide.

    “Of the $1.1 Billion included in the rescission proposal, 70% of these funds will be pulled out of local stations that are independently owned and operated in our communities. For many smaller stations in rural communities across the country, these cuts will prove utterly devastating, because they provide local, state, and regional news that is no longer provided through other outlets. These small stations will not survive, resulting in news deserts for these communities and putting thousands of American lives at risk.

    “We ask your administration to withdraw this rescission proposal and protect the vital services that CPB provides. If the rescissions go ahead as planned, we will be requesting a report to Congress as to how your administration plans to fill the void left behind, particularly in the areas of emergency alerting and local news reporting.”

    The letter is co-signed by Senator Tina Smith (D-MN) and 44 Democratic Representatives: Representatives Joyce Beatty (OH-03), Ami Bera (CA-06), Sanford Bishop (GA-02), Suzanne Bonamici (OR-01), Brendan Boyle (PA-02), Julia Brownley (CA-26), Shontel Brown (OH-11), André Carson (IN-07), Sheila Cherfilus-McCormick (FL-20), Steve Cohen (TN-09), Danny Davis (IL-07), Diana DeGette (CO-01), Dwight Evans (PA-03), Laura Friedman (CA-30), John Garamendi (CA-08), Jared Huffman (CA-02), Pramila Jayapal (WA-07), William Keating (MA-09), Raja Krishnamoorthi (IL-08), Zoe Lofgren (CA-18), Stephen Lynch (MA-08), Seth Magaziner (RI-02), James McGovern (MA-02), Robert Menendez (NJ-08), Dave Min (CA-47), Kelly Morrison (MN-03), Kevin Mullin (CA-15), Richard Neal (MA-01), Ilhan Omar (MN-05), Brittany Pettersen (CO-07), Delia Ramirez (IL-03), Emily Randall (WA-06), Andrea Salinas (OR-06), Mary Gay Scanlon (PA-05), Adam Smith (WA-09), Greg Stanton (AZ-04), Shri Thanedar (MI-13), Mike Thompson (CA-04), Rashida Tlaib (MI-12), Paul Tonko (NY-20), Marc Veasey (TX-33), Bonnie Watson Coleman (NJ-12), and Nikema Williams (GA-05).

    Click here to read the letter. 

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    MIL OSI USA News –