On Wednesday, 16 July 2025, the NATO Deputy Secretary General, Ms Radmila Shekerinska, will take part in a joint meeting of the European Parliament’s Committee on Foreign Affairs (AFET) and the Committee on Security and Defence (SEDE) for an exchange of views.
Media advisory
14:30 (CEST) Deputy Secretary General’s remarks followed by an exchange of views with parliamentarians.
Media coverage
The event will be streamed live on the Multimedia Centre portal of the European Parliament.
Transcripts of the Deputy Secretary General’s remarks, as well as photographs, will be available on the NATO website.
On Wednesday, 16 July 2025, the NATO Deputy Secretary General, Ms Radmila Shekerinska, will take part in a joint meeting of the European Parliament’s Committee on Foreign Affairs (AFET) and the Committee on Security and Defence (SEDE) for an exchange of views.
Media advisory
14:30 (CEST) Deputy Secretary General’s remarks followed by an exchange of views with parliamentarians.
Media coverage
The event will be streamed live on the Multimedia Centre portal of the European Parliament.
Transcripts of the Deputy Secretary General’s remarks, as well as photographs, will be available on the NATO website.
On Wednesday, 16 July 2025, the NATO Deputy Secretary General, Ms Radmila Shekerinska, will take part in a joint meeting of the European Parliament’s Committee on Foreign Affairs (AFET) and the Committee on Security and Defence (SEDE) for an exchange of views.
Media advisory
14:30 (CEST) Deputy Secretary General’s remarks followed by an exchange of views with parliamentarians.
Media coverage
The event will be streamed live on the Multimedia Centre portal of the European Parliament.
Transcripts of the Deputy Secretary General’s remarks, as well as photographs, will be available on the NATO website.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
HOUSTON – A total of 236 new cases have been filed in immigration and border security-related matters from July 3-10, announced U.S. Attorney Nicholas J. Ganjei.
Among those are 106 people who face charges of illegally reentering the country. The majority have prior felony convictions for narcotics, violent crimes, prior immigration crimes and more. A total of 116 people are charged with illegally entering the country, while six cases allege various instances of human smuggling with the remainder involving other immigration related crimes.
Two of those charged include Mexican nationals Charlie Ruben Ortiz-Lopez and Mauricio Rivera-Medina. According to their criminal complaints, both have prior convictions for illegal reentry. Rivera-Medina was last removed just last month, but authorities allegedly found him again illegally in the United States near Mission. They encountered Rivera-Medina near Edinburg after he had been previously removed in November 2023, according to his charges.
Another man facing charges this week is Honduran national Jose Eduardo Escobar-Reyes, who law enforcement allegedly discovered unlawfully in the United States near Roma. According to court documents, he was previously removed March 12 and has a prior conviction for conspiracy to distribute cocaine.
If convicted, all three face up to 20 years in prison.
In addition to the new cases, a Rio Grande City man was ordered to prison for 24 months for unlawfully transporting an illegal alien. At the hearing, the court heard additional evidence that Jason Al Venecia took his girlfriend and her minor daughter with him to smuggle the illegal alien to facilitate passage through the Falfurrias Border Patrol (BP) checkpoint. While on bond awaiting sentencing, Al Venecia was also caught assisting his girlfriend during her own attempt to smuggle illegal aliens. She has since pleaded guilty to separate charges in her case prosecuted in the McAllen Division.
These cases were referred or supported by federal law enforcement partners, including Immigration and Customs Enforcement (ICE) – Homeland Security Investigations, ICE – Enforcement and Removal Operations, BP, Drug Enforcement Administration, FBI, U.S. Marshals Service and Bureau of Alcohol, Tobacco, Firearms and Explosives with additional assistance from state and local law enforcement partners.
The cases are part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces and Project Safe Neighborhood.
Under current leadership, public safety and a secure border are the top priorities for this district. Enhanced enforcement both at the border and in the interior of the district have yielded aliens engaged in unlawful activity or with serious criminal history, including human trafficking, sexual assault and violence against children.
The U.S. Attorney’s Office for the Southern District of Texas remains one of the busiest in the nation. It represents 43 counties and more than nine million people covering 44,000 square miles. Assistant U.S. Attorneys from all seven divisions including Houston, Galveston, Victoria, Corpus Christi, Brownsville, McAllen and Laredo work directly with our law enforcement partners on the federal, state and local levels to prosecute the suspected offenders of these and other federal crimes.
An indictment or criminal complaint is a formal accusation of criminal conduct, not evidence. A defendant is presumed innocent unless convicted through due process of law.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
SAN DIEGO – Federal prosecutors in the Southern District of California filed 95 border-related cases this week so far, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.
The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).
In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.
A sample of border-related arrests this week:
On July 6, Lorenzo Arturo Bernabe-Alejo, a citizen of Mexico, was arrested and charged with Deported Alien Found in the U.S. after a Border Patrol agent spotted him lying on the ground about a quarter mile north of the border near the Otay Mesa Port of Entry. According to a complaint, the defendant was previously deported on June 26, 2025, at the Calexico Port of Entry.
On July 7, Luis Fernando Ramos-Mendez, a Mexican citizen, was arrested and charged with Bringing in Aliens for Financial Gain and Aiding and Abetting. According to a complaint, a Customs and Border Protection officer found an undocumented Mexican immigrant hiding in a modified rear bench seat compartment near the trunk of the defendant’s car as he attempted to cross at the San Ysidro Port of Entry.
On July 7, Refugio Ramos Daniel, a Mexican citizen and lawful permanent resident of the United States, was arrested and charged with Importation of a Controlled Substance. According to a complaint, a Customs and Border Protection officer found 198 packages containing 200 pounds of methamphetamine concealed in a non-factory compartment in the bed of the defendant’s truck as he tried to cross the border at the San Ysidro Port of Entry.
Also this week, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are some of those cases:
On July 7, Eliseo Gonzalez Chaidez, a citizen of Mexico who previously was convicted of a federal immigration and a drug trafficking crime that resulted in an eight-year sentence, was sentenced in federal court to 24 months in custody for illegally reentering the United States.
On July 9, Francisco Ramirez, a Mexican national, was sentenced in federal court to 36 months in custody for conspiring to distribute methamphetamine.
Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.
The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.
Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
SAN DIEGO – Federal prosecutors in the Southern District of California filed 95 border-related cases this week so far, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.
The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).
In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.
A sample of border-related arrests this week:
On July 6, Lorenzo Arturo Bernabe-Alejo, a citizen of Mexico, was arrested and charged with Deported Alien Found in the U.S. after a Border Patrol agent spotted him lying on the ground about a quarter mile north of the border near the Otay Mesa Port of Entry. According to a complaint, the defendant was previously deported on June 26, 2025, at the Calexico Port of Entry.
On July 7, Luis Fernando Ramos-Mendez, a Mexican citizen, was arrested and charged with Bringing in Aliens for Financial Gain and Aiding and Abetting. According to a complaint, a Customs and Border Protection officer found an undocumented Mexican immigrant hiding in a modified rear bench seat compartment near the trunk of the defendant’s car as he attempted to cross at the San Ysidro Port of Entry.
On July 7, Refugio Ramos Daniel, a Mexican citizen and lawful permanent resident of the United States, was arrested and charged with Importation of a Controlled Substance. According to a complaint, a Customs and Border Protection officer found 198 packages containing 200 pounds of methamphetamine concealed in a non-factory compartment in the bed of the defendant’s truck as he tried to cross the border at the San Ysidro Port of Entry.
Also this week, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are some of those cases:
On July 7, Eliseo Gonzalez Chaidez, a citizen of Mexico who previously was convicted of a federal immigration and a drug trafficking crime that resulted in an eight-year sentence, was sentenced in federal court to 24 months in custody for illegally reentering the United States.
On July 9, Francisco Ramirez, a Mexican national, was sentenced in federal court to 36 months in custody for conspiring to distribute methamphetamine.
Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.
The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.
Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
PHOENIX, Ariz. – Antonio Cruz, 36, of Mexico, was arrested on July 8, and charged by criminal complaint for Distribution of a Controlled Substance, after selling over 1000 grams of methamphetamine to an undercover agent.
According to the complaint, in April, Cruz met with an undercover Bureau of Alcohol, Tobacco, Firearms and Explosive (ATF) agent and another individual at a business parking lot in Phoenix, Arizona, to sell them methamphetamine. Cruz provided the agent with approximately 3 pounds of 100% pure methamphetamine in exchange for $2700.
A records check showed that Cruz is a Mexican national and previously convicted felon, illegally present in the United States.
This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
ATF is conducting the investigation in this case. Special Assistant U.S. Attorney Steven Usry, District of Arizona, Phoenix, is handling the prosecution.
A criminal complaint is a formal accusation of criminal conduct. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
CASE NUMBER: 25-MJ-3289 RELEASE NUMBER: 2025-113_Cruz
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
PHOENIX, Ariz. – Antonio Cruz, 36, of Mexico, was arrested on July 8, and charged by criminal complaint for Distribution of a Controlled Substance, after selling over 1000 grams of methamphetamine to an undercover agent.
According to the complaint, in April, Cruz met with an undercover Bureau of Alcohol, Tobacco, Firearms and Explosive (ATF) agent and another individual at a business parking lot in Phoenix, Arizona, to sell them methamphetamine. Cruz provided the agent with approximately 3 pounds of 100% pure methamphetamine in exchange for $2700.
A records check showed that Cruz is a Mexican national and previously convicted felon, illegally present in the United States.
This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
ATF is conducting the investigation in this case. Special Assistant U.S. Attorney Steven Usry, District of Arizona, Phoenix, is handling the prosecution.
A criminal complaint is a formal accusation of criminal conduct. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
CASE NUMBER: 25-MJ-3289 RELEASE NUMBER: 2025-113_Cruz
Source: United States Bureau of Alcohol Tobacco Firearms and Explosives (ATF)
PHOENIX, Ariz. – Antonio Cruz, 36, of Mexico, was arrested on July 8, and charged by criminal complaint for Distribution of a Controlled Substance, after selling over 1000 grams of methamphetamine to an undercover agent.
According to the complaint, in April, Cruz met with an undercover Bureau of Alcohol, Tobacco, Firearms and Explosive (ATF) agent and another individual at a business parking lot in Phoenix, Arizona, to sell them methamphetamine. Cruz provided the agent with approximately 3 pounds of 100% pure methamphetamine in exchange for $2700.
A records check showed that Cruz is a Mexican national and previously convicted felon, illegally present in the United States.
This case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
ATF is conducting the investigation in this case. Special Assistant U.S. Attorney Steven Usry, District of Arizona, Phoenix, is handling the prosecution.
A criminal complaint is a formal accusation of criminal conduct. All defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
CASE NUMBER: 25-MJ-3289 RELEASE NUMBER: 2025-113_Cruz
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) — Resolute Holdings Management, Inc. (“Resolute Holdings”) (Nasdaq: RHLD), an operating management company responsible for providing management services to CompoSecure Holdings, L.L.C. (“CompoSecure Holdings”), a wholly owned subsidiary of CompoSecure, Inc. (“CompoSecure”) (Nasdaq: CMPO), today announced the appointment of two new members to its Board of Directors (“Board”). Wayne M. Hewett and Timothy O. Mahoney have been appointed to join Resolute Holdings as independent directors.
“We are excited to welcome Wayne and Tim to our Board of Directors. Their extensive financial, operating, and leadership capabilities will be a great asset in our efforts to drive long-term value creation for Resolute Holdings and our shareholders,” said David Cote, Executive Chairman of Resolute Holdings’ Board.
Mr. Wayne Hewett is a seasoned executive leader who currently serves as a Director on the boards of Home Depot (since 2014), Wells Fargo & Company (since 2019), and United Parcel Services, Inc. (since 2020). Since 2018, he has also served as a senior advisor to Permira, a global private equity firm. Since 2019, he has served as Chairman of Cambrex Corporation, a contract developer and manufacturer of active pharmaceutical ingredients; and since 2023, he has served as Chairman of Quotient Sciences, a drug development and manufacturing accelerator. In 2023, he joined the board of managers of ASP Resins Holdings LP, a private company that produces adhesives and performance materials. From 2015 to 2017, Mr. Hewett served as Chief Executive Officer of Klöckner Pentaplast Group, a packaging supplier. Mr. Hewett has previously held several other executive roles, spending over 20 years with General Electric Company (“GE”), including leadership roles in various GE business units and membership on GE’s Corporate Executive Council. Mr. Hewett earned a Bachelor’s and Master’s degree in Industrial Engineering from Stanford University.
Mr. Timothy Mahoney is a highly experienced aerospace and defense executive who brings a breadth of operating capabilities from his leadership roles at major industrial companies. He served in several executive roles at Honeywell International, Inc. (“Honeywell”), including Senior Vice President of Digital Transformation from 2019 to 2022, Chief Executive Officer of Honeywell Aerospace from 2009 to 2019, and multiple Vice President roles across Honeywell Aerospace from 2003 to 2009. Prior to Honeywell, Mr. Mahoney spent 18 years at Sikorsky Aircraft, where he held a series of increasingly significant leadership roles. Mr. Mahoney earned a B.S. in Mechanical Engineering from the University of South Florida and graduated from the Program for Management Development at Harvard Business School.
“Wayne and Tim bring significant experience and capabilities to our Board, and I look forward to working with them as we continue to scale the platform,” said Tom Knott, Chief Executive Officer of Resolute Holdings.
About Resolute Holdings Management, Inc.
Resolute Holdings (Nasdaq: RHLD) is an alternative asset management platform led by David Cote and Tom Knott that provides operating management services including the oversight of capital allocation strategy, operational practices, and M&A sourcing and execution at CompoSecure Holdings and other managed businesses in the future. Resolute Holdings brings a differentiated approach to long-term value creation through the systematic deployment of the Resolute Operating System, which will create value at both the underlying managed businesses and at Resolute Holdings. For additional information on Resolute Holdings, please refer to Resolute Holdings’ filings with the U.S. Securities and Exchange Commission or please visit www.resoluteholdings.com.
This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although Resolute Holdings believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, Resolute Holdings cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, and assumptions. Generally, statements that are not historical facts, including statements concerning Resolute Holdings’ expectations regarding personnel, future platform acquisitions, limited profitability for the year ending December 31, 2025, revenues from management fees, the deployment of the Resolute Operating System, market opportunities, possible or assumed future actions, business strategies, events, or results of operations, and other matters, are forward-looking statements. In some instances, these statements may be preceded by, followed by or include the words “believes,” “estimates,” “expects,” “projects,” “forecasts,” “may,” “will,” “should,” “seeks,” “plans,” “scheduled,” “anticipates” or “intends” or the negatives of these terms or variations of them or similar terminology. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements which speak only as of the date hereof. You should understand that the following important factors, among others, could affect Resolute Holdings’ future results and could cause those results or other outcomes to differ materially from those expressed or implied in Resolute Holdings’ forward-looking statements: the timing and amount of the management fees payable to Resolute Holdings, including unexpected fluctuations therein, unexpected changes in costs, risks associated with the implementation of the Resolute Operating System, unexpected market and macroeconomic developments, demand for Resolute Holdings’ services, the ability of Resolute Holdings to grow and manage growth profitably, compete within its industry and attract and retain its key employees; the possibility that Resolute Holdings may be adversely impacted by other global economic, business, competitive and/or other factors, including but not limited to inflationary pressures, volatile interest rates, variable tariff policies or intensified disruptions in the global financial markets; the outcome of any legal proceedings that may be instituted against Resolute Holdings or others; future exchange and interest rates; and other risks and uncertainties, including those under “Risk Factors” in filings that have been made or will be made with the Securities and Exchange Commission. Resolute Holdings undertakes no obligations to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Washington, D.C, July 14, 2025 (GLOBE NEWSWIRE) — As Bitcoin surged over 300% between 2020 and 2023, digital assets have moved from speculative bets to a central pillar of modern finance. Billionaires like Elon Musk and Michael Saylor, and institutions like BlackRock and Goldman Sachs, have publicly embraced cryptocurrencies—solidifying their long-term value and legitimacy.
At the heart of this global shift is AB Quant, a next-generation quantitative trading and cloud mining platform. Designed for both new and experienced investors, AB Quant offers a seamless way to earn passive income from Bitcoin, Ethereum, and other digital assets—without the need for mining hardware, high energy bills, or technical skills.
Why Investors Are Choosing BTC AB Quant
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Join the Crypto Revolution
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Seamless Charting and Real-Time Execution—Now Trade Directly from TradingView on the Alchemy Platform
Irvine, CA:, July 14, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced that its wholly owned subsidiary, Alchemy Markets Limited (“Alchemy”), has launched full TradingView integration into its multi-asset trading platform.
This seamless integration empowers Alchemy clients to trade directly from TradingView charts, the world’s most popular charting and analytics platform, used by over 50 million traders and investors in more than 190 countries. TradingView processes over one billion charts monthly and supports real-time data across global markets, making it the go-to solution for traders ranging from beginners to hedge fund professionals.
The integration with TradingView marks a major leap in platform functionality and client experience – whether trading forex, crypto, or other instruments, users now have access to institutional-grade tools right from their Alchemy account.
What Users Can Expect:
Execute trades directly from TradingView charts
Analyze markets with 100+ built-in indicators and drawing tools
Access real-time data across forex, crypto, and other asset classes
Create and deploy custom indicators with Pine Script
Enjoy a responsive and intuitive interface optimized for all devices
By August 2025, the Company anticipates being listed as a Gold Broker on TradingView’s broker directory in the 10 largest European countries where Alchemy Markets is regulated. This elevated designation is expected to increase visibility among TradingView’s vast user base and drive client acquisition across key markets. Being a Gold Broker provides a competitive edge by showcasing regulatory credibility, technology integration, and execution quality—critical factors for traders seeking trusted platforms within the TradingView ecosystem.
Alchemy Markets, regulated by the Malta Financial Services Authority (MFSA) under MiFID II, has been enhancing its trading infrastructure and user experience as part of the Company’s broader growth and uplisting strategy. The TradingView integration reinforces Alchemy’s commitment to providing an elite trading environment with next-generation tools, security, and compliance.
This development aligns with the Company’s mission to deliver robust, regulated, and technologically advanced financial services across multiple jurisdictions, thereby accelerating value creation for both clients and shareholders.
For more information on the Company’s results and strategic plans, please visit our SEC filings or the Company’s website.
Alchemy Markets Limited
Alchemy Markets Limited is a licensed investment firm regulated by the Malta Financial Services Authority under MiFID II. Offering multi-asset execution, custody, and institutional-grade trading infrastructure, Alchemy serves clients across Europe and other regulated jurisdictions. As a core part of the Company’s international expansion, Alchemy plays a pivotal role in delivering regulated and scalable trading solutions globally.
FDCTech, Inc.
FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages, as well as prop and algo trading firms of all sizes, across various asset classes, including forex, stocks, commodities, indices, ETFs, precious metals, and other financial instruments. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.
Press Release Disclaimer
This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
Seamless Charting and Real-Time Execution—Now Trade Directly from TradingView on the Alchemy Platform
Irvine, CA:, July 14, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced that its wholly owned subsidiary, Alchemy Markets Limited (“Alchemy”), has launched full TradingView integration into its multi-asset trading platform.
This seamless integration empowers Alchemy clients to trade directly from TradingView charts, the world’s most popular charting and analytics platform, used by over 50 million traders and investors in more than 190 countries. TradingView processes over one billion charts monthly and supports real-time data across global markets, making it the go-to solution for traders ranging from beginners to hedge fund professionals.
The integration with TradingView marks a major leap in platform functionality and client experience – whether trading forex, crypto, or other instruments, users now have access to institutional-grade tools right from their Alchemy account.
What Users Can Expect:
Execute trades directly from TradingView charts
Analyze markets with 100+ built-in indicators and drawing tools
Access real-time data across forex, crypto, and other asset classes
Create and deploy custom indicators with Pine Script
Enjoy a responsive and intuitive interface optimized for all devices
By August 2025, the Company anticipates being listed as a Gold Broker on TradingView’s broker directory in the 10 largest European countries where Alchemy Markets is regulated. This elevated designation is expected to increase visibility among TradingView’s vast user base and drive client acquisition across key markets. Being a Gold Broker provides a competitive edge by showcasing regulatory credibility, technology integration, and execution quality—critical factors for traders seeking trusted platforms within the TradingView ecosystem.
Alchemy Markets, regulated by the Malta Financial Services Authority (MFSA) under MiFID II, has been enhancing its trading infrastructure and user experience as part of the Company’s broader growth and uplisting strategy. The TradingView integration reinforces Alchemy’s commitment to providing an elite trading environment with next-generation tools, security, and compliance.
This development aligns with the Company’s mission to deliver robust, regulated, and technologically advanced financial services across multiple jurisdictions, thereby accelerating value creation for both clients and shareholders.
For more information on the Company’s results and strategic plans, please visit our SEC filings or the Company’s website.
Alchemy Markets Limited
Alchemy Markets Limited is a licensed investment firm regulated by the Malta Financial Services Authority under MiFID II. Offering multi-asset execution, custody, and institutional-grade trading infrastructure, Alchemy serves clients across Europe and other regulated jurisdictions. As a core part of the Company’s international expansion, Alchemy plays a pivotal role in delivering regulated and scalable trading solutions globally.
FDCTech, Inc.
FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages, as well as prop and algo trading firms of all sizes, across various asset classes, including forex, stocks, commodities, indices, ETFs, precious metals, and other financial instruments. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.
Press Release Disclaimer
This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
Seamless Charting and Real-Time Execution—Now Trade Directly from TradingView on the Alchemy Platform
Irvine, CA:, July 14, 2025 (GLOBE NEWSWIRE) — FDCTech, Inc. (“FDC” or the “Company,” PINK: FDCT), a fintech-driven firm specializing in acquiring and scaling small to mid-size legacy financial services companies, today announced that its wholly owned subsidiary, Alchemy Markets Limited (“Alchemy”), has launched full TradingView integration into its multi-asset trading platform.
This seamless integration empowers Alchemy clients to trade directly from TradingView charts, the world’s most popular charting and analytics platform, used by over 50 million traders and investors in more than 190 countries. TradingView processes over one billion charts monthly and supports real-time data across global markets, making it the go-to solution for traders ranging from beginners to hedge fund professionals.
The integration with TradingView marks a major leap in platform functionality and client experience – whether trading forex, crypto, or other instruments, users now have access to institutional-grade tools right from their Alchemy account.
What Users Can Expect:
Execute trades directly from TradingView charts
Analyze markets with 100+ built-in indicators and drawing tools
Access real-time data across forex, crypto, and other asset classes
Create and deploy custom indicators with Pine Script
Enjoy a responsive and intuitive interface optimized for all devices
By August 2025, the Company anticipates being listed as a Gold Broker on TradingView’s broker directory in the 10 largest European countries where Alchemy Markets is regulated. This elevated designation is expected to increase visibility among TradingView’s vast user base and drive client acquisition across key markets. Being a Gold Broker provides a competitive edge by showcasing regulatory credibility, technology integration, and execution quality—critical factors for traders seeking trusted platforms within the TradingView ecosystem.
Alchemy Markets, regulated by the Malta Financial Services Authority (MFSA) under MiFID II, has been enhancing its trading infrastructure and user experience as part of the Company’s broader growth and uplisting strategy. The TradingView integration reinforces Alchemy’s commitment to providing an elite trading environment with next-generation tools, security, and compliance.
This development aligns with the Company’s mission to deliver robust, regulated, and technologically advanced financial services across multiple jurisdictions, thereby accelerating value creation for both clients and shareholders.
For more information on the Company’s results and strategic plans, please visit our SEC filings or the Company’s website.
Alchemy Markets Limited
Alchemy Markets Limited is a licensed investment firm regulated by the Malta Financial Services Authority under MiFID II. Offering multi-asset execution, custody, and institutional-grade trading infrastructure, Alchemy serves clients across Europe and other regulated jurisdictions. As a core part of the Company’s international expansion, Alchemy plays a pivotal role in delivering regulated and scalable trading solutions globally.
FDCTech, Inc.
FDCTech, Inc. (“FDC”) is a regulatory-grade financial technology infrastructure developer designed to serve the future financial markets. Our clients include regulated and OTC brokerages, as well as prop and algo trading firms of all sizes, across various asset classes, including forex, stocks, commodities, indices, ETFs, precious metals, and other financial instruments. Our growth strategy involves acquiring and integrating small to mid-size legacy financial services companies, leveraging our proprietary trading technology and liquidity solutions to deliver exceptional value to our clients.
Press Release Disclaimer
This press release’s statements may be forward-looking statements or future expectations based on currently available information. Such statements are naturally subject to risks and uncertainties. Factors such as the development of general economic conditions, future market conditions, unusual catastrophic loss events, changes in the capital markets, and other circumstances may cause the actual events or results to be materially different from those anticipated by such statements. The Company does not make any representation or warranty, express or implied, regarding the accuracy, completeness, or updated status of such forward-looking statements or information provided by the third party. Therefore, in no case will the Company and its affiliate companies be liable to anyone for any decision made or action taken in conjunction with the information and/or statements in this press release or any related damages.
FREMONT, Calif., July 14, 2025 (GLOBE NEWSWIRE) — Enovix Corporation (Nasdaq: ENVX) (“Enovix”), a leader in advanced silicon battery technology, today announced the appointment of Srikanth Kethu as Head of Enovix India, effective today. In this key leadership role, Mr. Kethu will oversee the company’s Hyderabad R&D center and play a strategic role in supporting the ramp-up of Enovix’s high-volume manufacturing facility in Malaysia, while driving the broader expansion of Enovix’s footprint in India.
Mr. Kethu brings more than two decades of experience leading high-performance engineering teams and scaling offshore operations for global automotive and industrial leaders including ZF, Mercedes-Benz, and as an external consultant to BMW’s R&D center in Germany. His deep expertise in product development, systems integration, and cross-border team building makes him uniquely qualified to help lead Enovix through its next phase of global growth.
“We are thrilled to welcome Srikanth to the Enovix leadership team,” said Dr. Raj Talluri, President and CEO of Enovix. “India has always had a tremendous depth of engineering talent. I was fortunate to have been part of establishing and growing India’s cutting-edge R&D teams for Texas Instruments, Qualcomm and Micron — and now Enovix. As head of Enovix India, Srikanth will not only strengthen our world-class R&D center in Hyderabad but also support our efforts to industrialize at scale — including helping ensure the success of our new facility in Malaysia. He brings the experience and leadership we need to accelerate innovation and execution.”
Enovix’s Hyderabad R&D center plays a critical role in developing next-generation battery technology. Under Mr. Kethu’s leadership, the India team will expand its contributions to core cell and pack design, advanced manufacturing, and reliability testing. In addition to scaling R&D efforts, Mr. Kethu will help Enovix establish broader operational capabilities in India as the company grows its regional presence.
“I’m excited to join Enovix at such an important time for the battery industry and to make an impact,” said Mr. Kethu. “The Hyderabad team has already demonstrated exceptional technical capability. I look forward to working with our talented and dedicated teams across India and Southeast Asia to scale world-class solutions, support our factory in Malaysia, and help Enovix deliver breakthrough battery performance on a global scale. India offers a vast and highly skilled talent pool, and we remain committed to leveraging this strength to drive Enovix’s continued growth as a leading R&D hub in the region.”
About Enovix Corporation
Enovix is a leader in advancing lithium-ion battery technology with its proprietary cell architecture designed to deliver higher energy density and improved safety. The Company’s breakthrough silicon-anode batteries are engineered to power a wide range of devices from wearable electronics and mobile communications to industrial and electric vehicle applications. Enovix’s technology enables longer battery life and faster charging, supporting the growing global demand for high-performance energy storage. Enovix holds a robust portfolio of issued and pending patents covering its core battery design, manufacturing process, and system integration innovations. For more information, visit https://www.enovix.com.
Forward‐Looking Statements
This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements include, but are not limited to, statements regarding Enovix’s global growth strategy, expected plans for expansion in India, research and development in India, operational scale-up in Malaysia, product development roadmap, and other future events or expectations. Words such as “expects,” “intends,” “believes,” “will,” “plans,” and similar expressions are used to identify these forward-looking statements.
Actual results may differ materially due to a variety of risks and uncertainties, including those identified in the “Risk Factors” section of Enovix’s most recent filings with the Securities and Exchange Commission (SEC), including the Company’s annual report on Form 10-K and quarterly reports on Form 10-Q. All forward-looking statements in this release speak only as of the date hereof, and Enovix undertakes no obligation to update any such statements as a result of new information, future events, or otherwise, except as required by law.
TALLINN, Estonia, July 14, 2025 (GLOBE NEWSWIRE) — Bitcoin Solaris (BTC-S), a next-generation crypto protocol blending high performance with early-stage accessibility, has officially entered the final phase of its highly anticipated presale. With over $6.6 million already raised and more than 14,150 participants onboarded, BTC-S is rapidly becoming one of 2025’s most talked-about blockchain projects.
Now priced at $12 per token, Bitcoin Solaris is set to increase to $13 in the next phase before reaching its launch value of $20—a built-in 150% gain for early adopters.
Why Bitcoin Solaris Is Gaining Real Momentum
Bitcoin Solaris isn’t riding on hype alone. It’s ticking boxes that most projects can’t even reach. The technology backing it makes it more than a speculative bet; it’s a calculated one.
Dual Consensus: A hybrid architecture combining Proof-of-Work and Delegated Proof-of-Stake creates a balance between decentralization and performance.
Validator Rotation: Prevents monopolies by automatically shifting block production roles.
Over 10,000 TPS: With sub-2-second finality, BTC-S is built to handle scale, not just promise it.
Energy Efficient: Uses 99.95% less power than traditional PoW systems.
Rust-Based Smart Contracts: Flexible for DeFi, NFTs, cross-chain apps, and enterprise adoption.
It’s also fully mobile-first, engineered for scalability on phones via the upcoming Solaris Nova App. That part alone unlocks billions of potential users. And influencers like Crypto Show have taken notice with detailed coverage breaking down why the coin has so much upside.
This isn’t another testnet coin. It’s a fully audited, community-backed protocol preparing for a real breakout. Independent audits from Cyberscope and Freshcoins back up the claim.
Right now, Bitcoin Solaris is in phase 12 of its presale. The current token price sits at $12, with a next phase set to jump to $13, and a final launch price locked at $20. That’s a clean 150% upside baked into the structure.
With over 14,150 users already onboarded and $6.6M+ raised, this has become one of the fastest-moving presales in 2025. And it’s closing in just under two weeks. That doesn’t leave much time for hesitation.
To ensure smooth token delivery after launch, wallets like Trust Wallet and Metamask are recommended for receiving BTC-S. You don’t need them to join the presale, just to get your tokens later.
Not Just Talk. Real Wealth Mechanics Built In
Bitcoin Solaris isn’t another buzzword coin. It’s designed with wealth generation in mind.
Easy mining via the upcoming mobile app.
A mobile-friendly network structure with validator flexibility.
DeFi-ready infrastructure with real smart contract utility.
TPS performance and security are audited by trusted firms.
Early-stage access before listings even begin.
And unlike Bitcoin, this one didn’t start in obscurity. It’s building momentum with a loud, excited community and attention from respected creators.
Final Verdict
Sei laid a foundation. But for those seeking real upside potential, Bitcoin Solaris offers a very different path, one that looks less like waiting for the next bull run and more like building value now.
It’s rare for a coin to combine polished tech with first-mover wealth positioning. BTC-S is doing both. And this might just be the last window to get in before the market wakes up.
The Final Entry Window Is Closing
With the presale now in its twelfth and penultimate stage, investor interest is surging. As the price edges closer to the final $20 listing, Bitcoin Solaris is positioning itself as both a technological leap forward and a rare opportunity for early-stage participation in a crypto ecosystem before market saturation.
BTC-S can be purchased directly from the project’s official website using credit cards or crypto payments. No wallet is required for initial purchase; tokens will be claimable post-launch via supported wallets.
About Bitcoin Solaris
Bitcoin Solaris is a next-generation blockchain protocol focused on accessibility, decentralization, and performance. Designed to support a wide range of use cases—from DeFi to real-world commerce—it offers a mobile-friendly, energy-efficient platform for scalable, secure digital transactions.
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In the early morning, the fields stretch as far as the eye can see, bathed in the soft light of the rising sun. In Kwilu, Kasai, and Tshopo provinces of the Democratic Republic of the Congo (DRC), rural communities are reclaiming their land with renewed energy. Here, every furrow in the earth tells a story of resilience and hope.
These fertile lands have long been trapped in a vicious circle of poor-quality seed, limited access to fertilizers, outdated farming techniques, low yields, and unstable incomes. A tradition of subsistence farming has confined families to day-to-day survival, leaving them vulnerable to climate shocks and food crises.
That has changed thanks to the deployment of the Emergency Food Production Project (https://apo-opa.co/3TDmJmU) (PURPA in the French acronym), which is being implemented by the African Development Bank (www.AfDB.org) as part of the African Emergency Food Production Facility (https://apo-opa.co/4kAFbr2). The project aims to restore food production in the most vulnerable rural areas of the DRC as rapidly as possible.
Large-scale distribution of seeds and other agricultural inputs lies at the heart of the project and has delivered a decisive impact:
More than 325 tonnes of rice, 388 tonnes of maize and 1.4 million linear metres of cassava cuttings have been distributed, far exceeding initial forecasts.
49,749 farming households have been reached, primarily women, who are often on the front line in the battle to feed their families.
Villagers in the communities covered by the project are enthusiastic, reflecting a rebirth of hope as the fields come back to life. The seed is in the ground and local people believe the harvest should be sufficient to meet their families’ needs while leaving a surplus for sale on the market.
Beyond the distributions, PURPA has strengthened the capacities of agricultural research stations such as the one at Kiyaka in Kwilu province in the centre of the country, enabling local production of improved maize and rice seeds. Over 100 tonnes of maize seed, 33 tonnes of rice and 2.55 million cassava cuttings have been produced. The distribution of 334 tonnes of fertilizer also offers a guarantee of suitable and affordable seeds for future seasons.
Targeted training programmes have also been launched. The Project financed the training of 300 managers and administrative staff, 30% of whom were women, using the “farmers’ field-school” approach with a focus on seed production and technical itineraries. These initiatives not only improve yields but also strengthen the capacities of women and agricultural cooperatives.
A final push to distribute fertilizer and seed produced by the research centres is scheduled for the coming months. Multiple outcomes are expected: increased farm incomes through the sale of surpluses; the creation of new economic opportunities, particularly for women and young people; significant improvement in food security with a reduction of lean periods; and the development of more autonomous agriculture that is less dependent on external aid.
Local authorities in several provinces are also observing a reduction in rural exodus as young people return to their towns to participate in this new-style agriculture, attracted by more promising prospects.
For these communities, the Emergency Food Production Project is not just a response to the global food crisis. It is a veritable “school of resilience” where solidarity, local know-how and agricultural innovation support and encourage each other.
In these regions of the Democratic Republic of the Congo, farming is no longer just about survival. In these newly seeded fields, it has become a means of development, investment, and heritage. Much remains to be done, but the transformation is underway. In these once fragile rural lands, a conviction is taking root: change, from now on, comes from here.
– on behalf of African Development Bank Group (AfDB).
Headline: Panasonic Energy Begins Mass Production at New Automotive Lithium-ion Battery Factory in Kansas, Aiming for Annual Capacity of 32 GWh to Accelerate U.S. Local Production
The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, Spanish and Chinese versions are machine translations, so the quality and accuracy may vary.
Headline: Panasonic Energy Begins Mass Production at New Automotive Lithium-ion Battery Factory in Kansas, Aiming for Annual Capacity of 32 GWh to Accelerate U.S. Local Production
The content in this website is accurate at the time of publication but may be subject to change without notice.Please note therefore that these documents may not always contain the most up-to-date information.Please note that German, Spanish and Chinese versions are machine translations, so the quality and accuracy may vary.
With regard to the European Commission’s letter on the application of special powers regarding UniCredit’s offer for Banco BPM, the Italian Government will respond to the requested clarifications in a collaborative and constructive spirit, as it already did before the Regional Administrative Court (‘Tribunale Amministrativo Regionale’) within the time frames and with the justifications already deemed legitimate by the administrative court judges.
Zohran Mamdani takes photos with union members during a campaign rally at the Hotel and Gaming Trades Council headquarters in New York on July 2, 2025. AP Photo/Richard Drew
When Zohran Mamdani announced his candidacy for mayor of New York City, political observers noted his progressive platform and legislative record. But understanding the Democratic candidate’s background requires examining the rich cultural tapestry woven into his very surname: Mamdani.
He takes the name from his father, Mahmood Mamdani, a prominent academic who was raised in Uganda and whose work focuses on postcolonial Uganda. I studied the history of the Khoja community for my doctoral work and have helped develop Khoja studies as an academic discipline. The Mamdani surname tells a story of migration, resilience and community-building that spans centuries and continents.
The Khoja history
Mamdanis in Uganda belong to the Khoja community, a South Asian Muslim merchant caste, that shaped economic development across the western Indian Ocean for centuries.
The name originates from greater Sindh, a region in South Asia that today includes southeastern Pakistan and Kachchh in western India.
Its etymology is twofold. Mām is an honorific title in Kachchhi and Gujarati languages, meaning kindness, courage and pride. Māmadō is a local version of the name Muhammad that often appeared in surnames in Hindu castes that converted to Islam, such as the Memons.
The Khoja were categorized by the British in the early 19th century as “Hindoo Mussalman” because their traditions spanned both religions.
Over time, the Khoja came to be identified only as Muslim and then primarily as Shiite Muslim. Today, the majority of Khoja are Ismaili: a branch of Shiite Islam that follows the Aga Khan as their living imam.
The Mamdani family, however, is part of the Twelver community of Khoja, whose Twelfth Imam is believed to be hidden from the world and only emerges in times of crisis. Twelvers believe he will help usher in an age of peace during end times.
Around the late 18th century, the Khoja helped export textiles, manufactured goods, spices and gems from the Indian subcontinent to Arabia and East Africa. Through this Western Indian Ocean trading network, they imported timber, ivory, minerals and cloves, among other goods.
Khoja family firms were built on kinship networks and trust. They built networks of shops, communal housing and warehouses, and extended credit for thousands of miles, from Zanzibar in Tanzania to Bombay – now Mumbai – on the western coast of India.
Cousins and brothers would send money and goods across the ocean with only a letter. The precarious nature of trade in this period meant that families also served as insurance for each other. In times of wealth, it was shared; in times of disaster, help was available.
Khoja contributions in Africa
The Khoja became instrumental in building the commercial infrastructure of eastern, central and southern Africa. But the Khoja contribution to the development of Africa extended far beyond trade.
In the absence of colonial investment in public infrastructure, they helped build institutions that formed the foundation of the modern nation-states that emerged after colonization. The institutions both facilitated trade and established permanent communities.
For example, the first dispensary and public school in Zanzibar were constructed by a Khoja magnate, Tharia Topan, who made his wealth through the ivory and clove trades. Topan eventually became so prominent that he was knighted by Queen Victoria in 1890 for his service to the British Empire in helping to end slavery in East Africa.
The Khoja community continues to invest in East Africa. The most famous example is the Aga Khan Development Network, whose hospitals and schools operate in 30 countries. In places such as Kenya, Uganda and Tanzania, they are considered the best.
Khoja in Uganda
Like in other parts of Africa, the Khoja settled in Uganda as a liaison business community to develop a market to serve both African and European needs. The linguistic and cultural knowledge, developed over centuries, helped facilitate business despite the challenges of colonization.
Ugandan President Idi Amin and his wife, Sarah, in Rome on Sept. 10, 1975. AP Photo
However, in 1972, Ugandan dictator Idi Amin expelled all Asians – approximately 80,000 – forcing families like the Mamdanis into exile. These included indentured laborers, who were brought in to help build the railroad and farm during the British colonial period, and free traders, like the Mamdani family.
Amin saw them all as the same and famously said: “Asians came to Uganda to build the railway. The railway is finished. They must leave now.”
The experience was a bitter one. Families lost everything, and many left with only the clothes on their backs.
Mahmood Mamdani, who came from a Khoja merchant family, was 26 when he was exiled. Yet, unlike most Ugandan Asians, he chose to go back. At Makerere University in Kampala, Uganda’s capital, Mamdani set up the Institute for Social Research, which helped to provide rigorous social science training to Ugandan researchers trying to improve their society.
While the earlier generations of the Khoja tended to choose business or adjacent professions, such as accounting, the subsequent generations – particularly those educated in the West – embraced the knowledge economy as professionals, academics and nonprofit leaders.
Several of Mahmood Mamdani’s generation of Khoja academics conducted path-breaking work on Afro-Asian solidarity – a way of thinking about the world beyond colonial categories, such as the category of religion as a separate domain from the secular. These scholars, such as Tanzania’s Issa Shivji and Abdul Sheriff, worked on creating solidarity among the newly independent states of the Global South.
Mahmood Mamdani is known for his influential post-9/11 academic work, “Good Muslim, Bad Muslim,” which examined how Muslim identities are stereotyped. He argued that these identities are complex and varied, shaped by accumulated history and present experiences.
Interfaith identity
The Khoja community – known globally as the Khoja Shia Ithnasheri Muslim Community – has developed strong transnational connections. Today, they are concentrated in the United Kingdom, Canada, United States and France. However, Khoja can be found in almost any country in the world. In 2013, I met members of the community in Hong Kong.
The Khoja community plays an important role in interfaith dialogue and global development initiatives. A prominent Ismaili Khoja, Eboo Patel, the founder of Interfaith America, has dedicated his life to pluralism and mutual understanding through building up civil society.
Zohran Mamdani’s mother, acclaimed filmmaker Mira Nair, is Hindu by birth. This interfaith marriage exemplifies the flexibility, diversity and tolerance of Khoja Islam, which has historically navigated between Hindu and Islamic traditions.
Whether Mamdani’s policies prove practical remains to be seen, but his background offers something valuable: a deep understanding of how communities build resilience across generations and geographies.
Iqbal Akhtar does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Zohran Mamdani takes photos with union members during a campaign rally at the Hotel and Gaming Trades Council headquarters in New York on July 2, 2025. AP Photo/Richard Drew
When Zohran Mamdani announced his candidacy for mayor of New York City, political observers noted his progressive platform and legislative record. But understanding the Democratic candidate’s background requires examining the rich cultural tapestry woven into his very surname: Mamdani.
He takes the name from his father, Mahmood Mamdani, a prominent academic who was raised in Uganda and whose work focuses on postcolonial Uganda. I studied the history of the Khoja community for my doctoral work and have helped develop Khoja studies as an academic discipline. The Mamdani surname tells a story of migration, resilience and community-building that spans centuries and continents.
The Khoja history
Mamdanis in Uganda belong to the Khoja community, a South Asian Muslim merchant caste, that shaped economic development across the western Indian Ocean for centuries.
The name originates from greater Sindh, a region in South Asia that today includes southeastern Pakistan and Kachchh in western India.
Its etymology is twofold. Mām is an honorific title in Kachchhi and Gujarati languages, meaning kindness, courage and pride. Māmadō is a local version of the name Muhammad that often appeared in surnames in Hindu castes that converted to Islam, such as the Memons.
The Khoja were categorized by the British in the early 19th century as “Hindoo Mussalman” because their traditions spanned both religions.
Over time, the Khoja came to be identified only as Muslim and then primarily as Shiite Muslim. Today, the majority of Khoja are Ismaili: a branch of Shiite Islam that follows the Aga Khan as their living imam.
The Mamdani family, however, is part of the Twelver community of Khoja, whose Twelfth Imam is believed to be hidden from the world and only emerges in times of crisis. Twelvers believe he will help usher in an age of peace during end times.
Around the late 18th century, the Khoja helped export textiles, manufactured goods, spices and gems from the Indian subcontinent to Arabia and East Africa. Through this Western Indian Ocean trading network, they imported timber, ivory, minerals and cloves, among other goods.
Khoja family firms were built on kinship networks and trust. They built networks of shops, communal housing and warehouses, and extended credit for thousands of miles, from Zanzibar in Tanzania to Bombay – now Mumbai – on the western coast of India.
Cousins and brothers would send money and goods across the ocean with only a letter. The precarious nature of trade in this period meant that families also served as insurance for each other. In times of wealth, it was shared; in times of disaster, help was available.
Khoja contributions in Africa
The Khoja became instrumental in building the commercial infrastructure of eastern, central and southern Africa. But the Khoja contribution to the development of Africa extended far beyond trade.
In the absence of colonial investment in public infrastructure, they helped build institutions that formed the foundation of the modern nation-states that emerged after colonization. The institutions both facilitated trade and established permanent communities.
For example, the first dispensary and public school in Zanzibar were constructed by a Khoja magnate, Tharia Topan, who made his wealth through the ivory and clove trades. Topan eventually became so prominent that he was knighted by Queen Victoria in 1890 for his service to the British Empire in helping to end slavery in East Africa.
The Khoja community continues to invest in East Africa. The most famous example is the Aga Khan Development Network, whose hospitals and schools operate in 30 countries. In places such as Kenya, Uganda and Tanzania, they are considered the best.
Khoja in Uganda
Like in other parts of Africa, the Khoja settled in Uganda as a liaison business community to develop a market to serve both African and European needs. The linguistic and cultural knowledge, developed over centuries, helped facilitate business despite the challenges of colonization.
Ugandan President Idi Amin and his wife, Sarah, in Rome on Sept. 10, 1975. AP Photo
However, in 1972, Ugandan dictator Idi Amin expelled all Asians – approximately 80,000 – forcing families like the Mamdanis into exile. These included indentured laborers, who were brought in to help build the railroad and farm during the British colonial period, and free traders, like the Mamdani family.
Amin saw them all as the same and famously said: “Asians came to Uganda to build the railway. The railway is finished. They must leave now.”
The experience was a bitter one. Families lost everything, and many left with only the clothes on their backs.
Mahmood Mamdani, who came from a Khoja merchant family, was 26 when he was exiled. Yet, unlike most Ugandan Asians, he chose to go back. At Makerere University in Kampala, Uganda’s capital, Mamdani set up the Institute for Social Research, which helped to provide rigorous social science training to Ugandan researchers trying to improve their society.
While the earlier generations of the Khoja tended to choose business or adjacent professions, such as accounting, the subsequent generations – particularly those educated in the West – embraced the knowledge economy as professionals, academics and nonprofit leaders.
Several of Mahmood Mamdani’s generation of Khoja academics conducted path-breaking work on Afro-Asian solidarity – a way of thinking about the world beyond colonial categories, such as the category of religion as a separate domain from the secular. These scholars, such as Tanzania’s Issa Shivji and Abdul Sheriff, worked on creating solidarity among the newly independent states of the Global South.
Mahmood Mamdani is known for his influential post-9/11 academic work, “Good Muslim, Bad Muslim,” which examined how Muslim identities are stereotyped. He argued that these identities are complex and varied, shaped by accumulated history and present experiences.
Interfaith identity
The Khoja community – known globally as the Khoja Shia Ithnasheri Muslim Community – has developed strong transnational connections. Today, they are concentrated in the United Kingdom, Canada, United States and France. However, Khoja can be found in almost any country in the world. In 2013, I met members of the community in Hong Kong.
The Khoja community plays an important role in interfaith dialogue and global development initiatives. A prominent Ismaili Khoja, Eboo Patel, the founder of Interfaith America, has dedicated his life to pluralism and mutual understanding through building up civil society.
Zohran Mamdani’s mother, acclaimed filmmaker Mira Nair, is Hindu by birth. This interfaith marriage exemplifies the flexibility, diversity and tolerance of Khoja Islam, which has historically navigated between Hindu and Islamic traditions.
Whether Mamdani’s policies prove practical remains to be seen, but his background offers something valuable: a deep understanding of how communities build resilience across generations and geographies.
Iqbal Akhtar does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Who was the first pirate? – Yandel R., age 11, Lakewood Ranch, Florida
When most people imagine a pirate, they picture actor Johnny Depp playing the mad but likable swashbuckler Jack Sparrow, captain of the sailing ship the Black Pearl.
Depp’s pirate portrayal was inspired by seafaring bandits in older make-believe tales, such as Long John Silver in “Treasure Island,” Captain Hook in “Peter Pan,” or sailor Edmond Dantès in “The Count of Monte Cristo.”
Pirates in these stories were mischievous but also glamorous, courageous and mostly kindhearted. They wore flashy costumes. They had missing limbs, like Captain Cook’s iron hook for a left hand and Long John Silver’s wooden peg leg. They buried treasure chests of gold and silver, forced enemies to walk the plank and had talking parrots as shipboard companions. They flew the Jolly Roger skull and crossbones flag from the ship’s mast to frighten enemies. The new Netflix series “One Piece,” which is based on a Japanese comic book, continues this popular depiction of pirates.
While fun, these portrayals of pirates are mostly invented.
I’m a political scientist who studies modern-day commerce raiding: robbing of private cargo vessels on the high seas. I’m interested in where it happens in the world, who does it and what can be done to stop it. My research finds today’s pirates to be less like swashbuckling Jack Sparrow and more like regular old thieves.
Pirates in the ancient world
Since pirates have been around for as long as people have moved things by boat, it is hard to pin down the very first pirate.
But archaeological evidence shows that boatbuilding goes all the way back to the ancient Egyptians, who used boats made from papyrus reedsas early as 6,000 years ago. These vessels likely carried valuable goods up and down the Nile River, and where valuable goods can be found, you can usually find thieves too. In fact, researchers know that pirates – basically just thieves on the water – targeted these river boats, because Egyptian pharaohs left records grumbling about pirates and their widespread pillaging.
By 3,500 years ago, thieves were using sailing vessels to raid coastal towns and villages in and around the Nile Delta, as well as the Aegean and Adriatic basins. Attacking ships far from land on the high seas and stealing the cargo was a logical next step in the tactics of seafaring raiders.
As trade increased across the Mediterranean Sea, boats carrying valuable cargo, such as pottery, silk, glass, spices and metals, became the targets of ancient pirates. Given the worth of these goods, pirate attacks became widespread across the ancient Mediterranean Sea. With money from the Roman senate and strong effort by a military leader named Pompey, the Roman navy worked hard to stop the pirates – and for a while it did.
The earliest named pirate?
The first mention of a pirate by name may have been in a Greek history book written in the fifth century BCE by an ancient historian named Herodotus.
He briefly describes the adventures of a naval commander by the name of Dionysius who was from Ionia, which is in modern-day Turkey. Dionysius set up a pirate base on the island of Sicily that allowed him and his fellow pirates to plunder ships that happened to sail past.
Pirates of the Caribbean
While Dionysius may have been the first recorded pirate, the most famous pirates lived during the 17th and 18th centuries, which came to be known as the golden age of sea piracy.
Islands such as Jamaica, Tortuga and the Bahamas, as well the North Carolina coast, all became notable pirate havens. Port Royal, on the island of Jamaica, in particular, was a notorious pirate refuge. It was ideally positioned for preying upon Spanish galleons sailing across the Atlantic from ports in Panama and Venezuela. Johnny Depp’s character, Jack Sparrow, swashbuckled around a fictionalized Port Royal in the first “Pirates of the Caribbean” film.
Each dot represents a maritime pirate attack that happened between 1995 and 2023. Brandon Prins
21st-century pirates
The 2013 Hollywood movie “Captain Phillips,” starring Tom Hanks, drew attention back to real-world pirates and piracy. The movie was based on a real-life 2009 attack by Somali pirates on a ship named the MV Maersk Alabama, which was carrying food to Kenya. The 500-foot-long vessel and its crew were rescued by the U.S. Navy.
To better understand 21st-century piracy, my research team compiled data on all pirate attacks from 1995 to the present day. We found three main piracy hot spots: the Gulf of Aden near Somalia, the Strait of Malacca in Southeast Asia and the Gulf of Guinea off the coast of West Africa. All three locations experience the conditions that attract pirates: ship traffic, valuable cargo and weak governments.
Why become a pirate?
People become pirates for many reasons, not the least of which is to escape poverty and enslavement. Others just want adventure and to travel the world. These are the same motivations that drove commerce raiding in the ancient world, during the golden age of piracy, and even today.
While we may never know the first pirate, just like we will never know the very first thief, historical evidence shows that sea-raiding has been around since the very first boats traversed the world’s waterways. Despite efforts to end piracy, my research shows that the conditions that produce ship looting remain and will likely always exist.
Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.
And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.
Brandon Prins received funding from the U.S. Department of Defense, Office of Naval Research, through the Minerva Initiative, awards #N00014-21-1-2030 and #N00014-14-1-0050.
Source: Rosneft – An important disclaimer is at the bottom of this article.
The LADA Sport ROSNEFT racing team won two victories at the third stage of the Russian Circuit Racing Series in Nizhny Novgorod. The pilots became the best in two classifications at once: personal and team.
In the Super-Production class, LADA Sport ROSNEFT pilot Leonid Panfilov finished first. In Saturday’s race, he pulled ahead and led until the end of the race, winning his second victory this season. Gold in the competition allowed Panfilov to become the leader in the personal standings of the Russian Cup.
Thanks to Andrey Petukhov finishing the race in the top ten, LADA Sport ROSNEFT was able to win the team cup.
Rosneft has been the general sponsor of LADA Sport ROSNEFT since 2015. During this time, the team has achieved impressive results in all classes of circuit racing, classic rally and karting, winning 45 championship titles.
Thanks to this cooperation, the market received a number of innovative products: high-octane gasoline Pulsar-100 and sports racing oil Rosneft Magnum Racing. Since 2021, the LADA Sport ROSNEFT team has been using this engine oil, which provides increased engine protection in extreme competition conditions. Technologies tested on race tracks are available to motorists. Pulsar fuel and Magnum Racing oil can be purchased at Rosneft filling stations.
Department of Information and AdvertisingPJSC NK RosneftJuly 14, 2025
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
An important disclaimer is at the bottom of this article.
Source: People’s Republic of China – State Council News
BEIJING, July 14 (Xinhua) — Chinese Vice President Han Zheng met with Indian External Affairs Minister Subrahmanyam Jaishankar in Beijing on Monday.
Han Zheng said that the successful meeting between Chinese President Xi Jinping and Indian Prime Minister Narendra Modi in Kazan last October brought China-India relations to a new starting point. Stressing that China and India are both major developing countries and important members of the Global South, he pointed out that the win-win partnership strategy is the right choice for both sides.
Han Zheng called on the two sides to step up the implementation of the important agreements reached by the leaders of the two countries, unswervingly adhere to the policy of the top leadership, steadily deepen pragmatic cooperation, respect each other’s concerns, and promote the steady, healthy and stable development of China-India relations.
S. Jaishankar said that after the meeting between Prime Minister Narendra Modi and Chinese President Xi Jinping in Kazan, India-China relations have shown steady improvement. The Indian side is ready, guided by the consensus reached by the leaders of the two countries, to maintain the positive dynamics of bilateral ties, promote mutually beneficial cooperation and strengthen communication and coordination in multilateral mechanisms, he added.
“India supports China, which has assumed the rotating chairmanship of the SCO, in hosting the Shanghai Cooperation Organisation summit this year,” S. Jaishankar stressed. -0-
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
