NewzIntel.com

Category: KB

  • MIL-OSI: Plum Acquisition Corp. IV Announces the Separate Trading of Its Class A Ordinary Shares and Warrants, Commencing on January 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, NY, Jan. 29, 2025 (GLOBE NEWSWIRE) — Plum Acquisition Corp. IV. (Nasdaq: PLMKU) (the “Company”) today announced that, commencing on January 31, 2025, holders of the units (the “Units”) sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares (the “Ordinary Shares”) and warrants (the “Warrants”) included in the Units.

    The Ordinary Shares and Warrants received from the separated Units will trade on the Nasdaq Global Market (“Nasdaq”) under the symbols “PLMK” and “PLMKW”, respectively. Units that are not separated will continue to trade on Nasdaq under the symbol “PLMKU”. No fractional Warrants will be issued upon separation of the Units and only whole Warrants will trade. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the Units into Ordinary Shares and Warrants.

    The Company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination opportunity in any industry or sector but intends to capitalize on the ability of its management team to identify, acquire and operate a business or businesses that can benefit from its management team’s established global relationships, sector expertise and active management and operating experience.

    The Units were initially offered by the Company in an underwritten offering. Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, acted as lead book-running manager, and Seaport Global Securities acted as joint book runner. Copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24th Floor, New York, NY 10019, Attention: Prospectus Department, or by email at: capitalmarkets@cohencm.com.

    The registration statement relating to the securities of the Company was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on January 14, 2025. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

    Forward Looking Statements

    This press release contains statements that constitute “forward-looking statements” that involve risks and uncertainties. Forward-looking statements are statements that are not historical facts. Forward-looking statements are subject to numerous risks and uncertainties, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and final prospectus for the Company’s initial public offering filed with the SEC, which could cause actual results to differ from forward-looking statements. Copies of these documents are available on the SEC’s website, at www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law. No assurance can be given that the Company will ultimately complete a business combination transaction.

    Contact

    Kanishka Roy
    Plum Acquisition Corp. IV
    Email: plumir@icrinc.com
    Website: https://plumpartners.com

    The MIL Network –

  • MIL-OSI USA: Ernst’s Sarah’s Law Signed by President Trump

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)
    WASHINGTON – Today, U.S. Senator Joni Ernst (R-Iowa) joined President Donald Trump at the White House for the signing of her Sarah’s Law.
    The bill was included as an amendment to the Laken Riley Act to strengthen the legislation by requiring illegal immigrants who have committed violent crimes against Americans to be detained. 
     
    Senator Ernst with Sarah Root’s father, Scott Root.
    “Today is the culmination of a nine-year battle for justice for Sarah Root,” said Ernst. “Finally, after years of working on this bill and under the leadership of President Trump, our nation’s laws will no longer prioritize illegal immigrants over Americans. I will never stop fighting for Iowans and putting their safety first to ensure that no family has to endure the pain that the Roots were forced to.”
    Ernst’s bill honors Iowan Sarah Root, who was killed on January 31, 2016, the night of her college graduation, by an illegal immigrant driving drunk. Before her family could even lay her to rest, a loophole in the law allowed her killer to be released and escape justice for his crime.
    Sarah’s father, Scott Root, also attended the signing ceremony at the White House.
    Background:
    For nine years since the tragedy, Senator Ernst has been working tirelessly to pass Sarah’s Law to bring closure to the Root family and ensure this never happens to again. This year, she shepherded the legislation through the Senate and the House.

    MIL OSI USA News –

  • MIL-OSI USA: Chair Ernst Delivers Opening Remarks at Kelly Loeffler Nomination Hearing

    US Senate News:

    Source: United States Senator Joni Ernst (R-IA)
    WASHINGTON – Today, at the Senate Committee on Small Business and Entrepreneurship hearing on the nomination of former Senator Kelly Loeffler to serve as the Small Business Administration (SBA) administrator, Chair Joni Ernst (R-Iowa) highlighted how Loeffler’s track record as a successful business leader provides the exact experience needed to reform the bloated agency and restore its mission.
    Among the biggest areas in need of reform, Ernst cited widespread fraud in COVD-era relief designated for small businesses, the SBA’s mismanaged loan and disaster aid programs, and rampant telework abuse.
    Click here watch Chair Ernst’s opening remarks.
    Ernst’s full remarks:
    “Senator Loeffler, as I already said, welcome to the Committee, and thank you for your willingness to serve in this role.
    “I greatly appreciate the time you’ve spent meeting with me and my colleagues prior to this hearing. I want to take a minute to recognize some of your family here supporting you today. First, your husband, Jeff. Thank you, Jeff for being here. Next, your brother Brian, and his family, who I understand traveled to Washington D.C. from their farm in Illinois. And also, your parents, Don and Lynda, who are watching the hearing from their home in Florida today. We appreciate you all making the trip here and tuning into this important hearing.
    “As a former member of this body, you understand the importance of the Senate’s advice and consent process, and I appreciate that you have fully embraced the committee’s standard, yet extensive, vetting of your experience and background in advance of today’s hearing and our upcoming vote on your confirmation. 
    “As a successful businesswoman, it is abundantly clear that you truly understand what it takes to be an entrepreneur.
    “Throughout your distinguished career, you’ve risen through the ranks at multiple companies due to your determination and grit, and you have started many successful businesses yourself.
    “Most importantly, you understand what it means to be overrun by Washington’s bureaucratic overreach—and that government must instead get out of businesses’ way so they can thrive.
    “Small businesses and their advocates are excited for your leadership. The Committee has received several letters of support for Senator Loeffler’s nomination.
    “The mission of the SBA is to aid small businesses to ensure economic prosperity and free competition.
    “Traditionally, SBA administers programs and services falling into three main buckets: there’s counseling, contracting, and access to capital.
    “While SBA once may have been characterized as a smaller agency, COVID small business programs made SBA a household name, as the agency received a whopping $1.1 trillion in taxpayer funding to assist small businesses during the pandemic.
    “With that funding came big responsibilities, and I remain concerned the SBA under the prior Administration failed to live up to its mission.
    “I believe substantial reforms must be made to get the SBA back in shape, and that is going to require strong leadership.
    “The Biden administration decided to turn a blind eye to COVID fraud and delinquencies, refusing to properly collect outstanding debt and fraudulent funds, which has huge implications to the taxpayer.
    “Reports have indicated SBA charged off about $18.6 billion worth of EIDL loans in Fiscal Year 2024.
    “Not once during the Biden administration was the SBA able to provide an accounting of their loans receivable and loan guarantees, which meant that the Government Accountability Office hasn’t been able to even issue a financial audit of the Agency since Fiscal Year 2020.
    “SBA also completely mismanaged and misinformed Congress last year regarding its disaster loan account, resulting in a shortfall lasting 66 days – an unacceptable failure for the disaster victims in North Carolina, South Carolina, Georgia, Virginia, and Florida.
    “I do appreciate that once the account was funded, SBA staff worked around the clock, including over the holidays, to get the money out to disaster victims, but I never want to see that situation unfold again.
    “While SBA is failing, it also appears that its workforce continues to stay home, while its more than 246,000 square foot Washington, D.C. headquarters sits empty.
    “The GAO found that even if everyone did show up to work in person, the SBA’s building space would still only be 67 percent utilized, which is a complete waste of taxpayer money.
    “That is why I introduced a bill to relocate 30 percent of the headquarters workforce to the SBA district offices across the country and cut 30 percent of office space.
    “The SBA has been completely out of touch with the real-world challenges of entrepreneurs, and while the Biden administration simultaneously let SBA employees stay home, they also added positions in Washington, D.C. while stripping offices in Iowa, New Hampshire, Utah, and other states.
    “I would like to work with you, Senator Loeffler, on ways to ensure SBA is effectively utilizing its personnel and ensuring that small businesses in all parts of America are able to access SBA programs if they need them.
    “I’ve detailed these concerns and others regarding the mess you have to clean up from the Biden administration, and potential landmines you will encounter, in a letter to President Trump on day one of his new Administration. I ask unanimous consent to enter that letter into the record.
    “Without objection, so ordered.
    “In Iowa, Main Street is in trouble, and I hear from my colleagues that this is true in their states across America.
    “Small businesses are the lifeblood of our rural communities, and for too long under the Biden administration, they’ve been crushed with red tape and woke program requirements, with no one caring about how that affects the day-to-day operations.
    “I see a great opportunity for the Trump administration, and you, to revitalize small businesses in America.
    “Thank you again for being here, and I look forward to your testimony.”

    MIL OSI USA News –

  • MIL-OSI Russia: The Moscow metro has launched a “Chinese New Year” train!

    Translartion. Region: Russians Fedetion –

    Source: Moscow Metro

    The Moscow Metro has presented a special themed train dedicated to the celebration of the Chinese New Year as part of the Russia-China Year of Culture 2024-2025.

    For the first time, the subway, together with colleagues from China, developed a unique branded train. The train is painted red, which in Chinese culture is traditionally associated with happiness, joy, luck and prosperity.

    Chinese New Year on the Moscow Metro.

    Chinese New Year in the Moscow Metro.

    Festive design inspired by Chinese traditions

    The train’s exterior features the symbol of the Year of the Snake, as well as a Chinese dragon, symbolizing new beginnings and prosperity. Inside, passengers can explore photographs showing traditional Chinese New Year celebrations. The front carriages feature the official emblem of the Years of Russia and China Culture: a Russian bear and a Chinese panda in national costumes holding hands, symbolizing friendship and unity.

    The themed train will run on Line 3 for a month.

    As an additional feature, a subway map with all transport points indicated in Chinese is located in the front carriage of the train.

    Strengthening cultural ties between Moscow and Beijing

    The launch of themed trains has become a cherished tradition of the Moscow Metro. Today, for the first time, we are presenting a special metro train dedicated to the strong and friendly relations between Moscow and Beijing, as well as the celebration of the Chinese New Year. We hope that this beautifully decorated train will bring joy to passengers and allow them to feel the festive atmosphere of the holiday.” Moscow transport continues to actively participate in the cultural life of the capital, following the initiative of Mayor Sergei Sobyanin, said Maxim Liksutov, Deputy Mayor of Moscow for Transport.

    Translated with DeepL.com (free version)

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: The Bank of Russia reduces macroprudential surcharges on credit cards during the grace period (01/29/2025)

    Translartion. Region: Russians Fedetion –

    Source: Central Bank of Russia –

    The Bank of Russia has approved surcharges to risk coefficients in connection with the entry into force new edition of the normative act, which determines the procedure for establishing macroprudential surcharges: surcharges for credit card debt in the grace period1 have been reduced, while those for other assets have been left unchanged.

    The Board of Directors of the Bank of Russia, when adopting this solutions proceeded from the following.

    Bank data show that credit card debt in the grace period is characterized by lower default rates (2-3 times lower than debt for which the grace period has ended). Borrowers use them mainly for transactions and do not pay interest on the debt during the grace period, which reduces the likelihood of it becoming delinquent. Clients who manage to repay the debt within the grace period, as a rule, are characterized by a more reliable risk profile. In this regard, in order to increase risk sensitivity, changes were made to the regulation, allowing for the establishment of macroprudential surcharges for debt in the grace period, depending on the debt burden ratio (DBR) of the borrower.

    Values of surcharges to risk coefficients in relation to debt on loans with a credit limit in the grace period formed from February 1, 2025

      PDN interval, %
    No PDN (0-30 (30-40sh (40-50sh (50-60sh (60-70sh (70-80sh 80, PDN not calculated
    Allowances 2.0 0.2 0.2 0.2 0.5 1.0 1.5 2.0

    Surcharges for credit card debt that has exited the grace period will be set in accordance with the surcharge matrix in effect since December 2, 2024.

    Reference: risk coefficient premiums for unsecured consumer loans granted from December 2, 2024

    Allowances PDN interval, %
    No PDN (0-30 (30-40sh (40-50sh (50-60sh (60-70sh (70-80sh 80, PDN not calculated
    PSC interval, % per annum (0-10sh 1.8 0.0 0.0 0.2 0.3 0.7 1.2 1.8
    (10-15sh 2.0 0.0 0.2 0.3 0.5 0.9 1.4 2.0
    (15-20sh 2.4 0.4 0.5 0.7 0.9 1.3 1.8 2.4
    (20-25 2.9 1.0 1.2 1.4 1.7 2.0 2.3 2.9
    (25-30 3.6 1.6 1.7 1.9 2.2 2.6 3.0 3.6
    (30-40sh 3.8 1.7 1.8 2.0 2.6 3.0 3.2 3.8
    (40-50sh 4.0 1.8 2.0 2.2 3.0 3.2 3.5 4.0
    (50-60sh 5.0 2.0 2.2 2.5 3.2 3.5 4.0 5.0
    60 6.0 6.0 6.0 6.0 6.0 6.0 6.0 6.0

    According to the Bank of Russia, given the current structure of issuances, the average level of premium on credit cards in the grace period will be 0.7 (70%). For large banks, such debt currently accounts for one third to one half of all debt on credit cards. Despite the reduction in premiums for this part of the portfolio and the slowdown in lending growth (in December 2024, the unsecured loan portfolio decreased by 1.9% after near-zero changes in debt in October-November 2024), the macroprudential capital buffer for unsecured consumer loans2 will generally continue to accumulate due to the gradual renewal of the loan portfolio.

     

    1 The credit institution shall accrue interest on the current term debt on the specified requirements at the rate specified in the consumer credit (loan) agreement for performing transactions using a bank card, and shall not collect payments on the credit (loan), except for payments to repay the principal amount of the debt, in accordance with such agreement during the period of time specified therein.

    2 As of December 1, 2024, the macroprudential capital buffer for unsecured consumer loans (including cash loans) amounted to 0.8 trillion rubles (6% of the portfolio of these loans).

    When using the material, a link to the Press Service of the Bank of Russia is required.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. KBR.ru/Press/PR/? File = 638737649777799232FinStab. HTM

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 01/29/2025, 15-15 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for the security RU000A0JXSS1 (Akron B1P2) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    01/29/2025 15:15

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of Moscow Exchange PJSC by NCO NCC (JSC), on 29.01.2025, 15-15 (Moscow time), the values of the upper limit of the price corridor (up to 81.29) and the range of market risk assessment (up to 863.44 rubles, equivalent to a rate of 13.75%) of the security RU000A0JXSS1 (Akron B1P2) were changed.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.MO/N77228

    MIL OSI Russia News –

  • MIL-OSI Russia: Financial news: 01/29/2025, 13-10 (Moscow time) the values of the upper limit of the price corridor and the range of market risk assessment for security RU000A1012B3 (FPK 1P-07) were changed.

    Translartion. Region: Russians Fedetion –

    Source: Moscow Exchange – Moscow Exchange –

    01/29/2025 13:10

    In accordance with the Methodology for determining the risk parameters of the stock market and the deposit market of PJSC Moscow Exchange by NCO NCC (JSC) on 29.01.2025, 13-10 (Moscow time), the values of the upper limit of the price corridor (up to 93.72) and the range of market risk assessment (up to 979.25 rubles, equivalent to a rate of 7.5%) of the security RU000A1012B3 (FPK 1P-07) were changed

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    HTTPS: //VVV. MEEX.K.M.M.

    MIL OSI Russia News –

  • MIL-OSI Russia: Moscow scientists have developed 11 medical phantoms to improve patient diagnostics

    Translartion. Region: Russians Fedetion –

    Source: Center for Diagnostics and Telemedicine of the Moscow Department of Health (DZM)

    A recent development has made magnetic resonance imaging (MRI) technology more accessible. Researchers from Moscow have successfully developed 11 medical phantoms that accurately simulate human tissue, organs, and anatomical structures. These developments help medical professionals perform diagnostic procedures more effectively, according to Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    Functionality and application of phantoms

    “Phantoms are durable and realistic products that imitate human anatomy. Some of them are used to train young specialists and improve the skills of experienced doctors, others – to calibrate diagnostic equipment,” said Rakova. The development of such phantoms allows specialists to practice the basic techniques of conducting visualization studies and prepare devices for various procedures. Among the latest innovations is a prostate gland phantom, which is already successfully used in clinical settings.

    Solving clinical problems

    MRI is currently the most common method for detecting prostate cancer, but the presence of artificial metal implants in elderly patients often complicates this type of imaging. This requires changes to the MRI protocol before the study. To solve this problem, scientists at the Center for Diagnostics and Telemedicine of the Moscow Department of Health have developed the first prostate phantom of their own production, which allows for calibration of the device without the patient’s participation.

    “Metal implants can significantly complicate the interpretation of MRI results. We set ourselves the task of solving a major clinical problem: minimizing errors associated with metal hip implants during prostate MRI. These implants can not only cause distortions, but also affect the accuracy of quantitative measurements. Developing a new scanning protocol takes a lot of time, which can delay the examination process and disrupt the work schedule of diagnostic institutions. In addition, adjustments made during the examination can lead to heating of the implant, which will cause discomfort to the patient. Using a phantom, we can make the necessary adjustments in advance, thereby reducing these risks,” explained Yuri Vasiliev, Chief Consultant in Radiology at the Moscow Department of Healthcare and General Director of the Moscow Center for Diagnostics and Telemedicine.

    Past Innovations and Future Directions

    In addition to the prostate phantom, the researchers recently introduced a fetal phantom designed to optimize the MRI protocol for pregnant women. This tool not only helps in training physicians and radiologists, but also serves as a benchmark for equipment standards in clinical practice and in the development of new research protocols.

    The Center for Diagnostics and Telemedicine is a leading scientific and practical institution of the Moscow Department of Health, specializing in the creation of phantoms and medical simulators, as well as conducting educational courses. Since its foundation in 2013, the Center’s employees have prepared more than 800 scientific papers, including articles, guidelines, monographs and teaching aids.

    This project is in line with national healthcare objectives aimed at improving the quality and accessibility of medical care for Moscow residents.

    MIL OSI Russia News –

  • MIL-OSI Canada: Province extends Fairy Creek old-growth deferral

    Source: Government of Canada regional news

    The Province has approved a legal order to extend temporary protections in the Fairy Creek watershed until Sept. 30, 2026.

    The extension applies to the same forest lands as those deferred in June 2021.

    “I am working to put people and communities back at the heart of forestry,” said Ravi Parmar, Minister of Forests. “True, lasting and meaningful reconciliation begins with partnering and working with First Nations. Together, we can build a strong, robust and sustainable forest sector for the next 100 years.”

    These temporary protections will allow discussions on the long-term management of the Fairy Creek watershed to continue in partnership with Pacheedaht First Nation. This action is consistent with government’s commitments to reconciliation and to protecting British Columbia’s oldest and rarest forest ecosystems.

    The Fairy Creek deferral protects almost 1,200 hectares, which is all the Crown land in the Fairy Creek watershed. The entire watershed falls within the Pacheedaht First Nation’s territory.

    Work continues provincewide with First Nations rights and title holders to take unprecedented action to protect old-growth forests. Since the release of the 2020 Old Growth Strategic Review, action has been taken on all 14 of the review’s recommendations, which are highlighted in the 2024 update From Review to Action.

    A key part of the Province’s old-growth strategy is forest landscape planning (FLP) tables. FLP tables provide a vital opportunity for collaborative Indigenous and provincial government leadership in forest planning and meaningful engagement with local communities and stakeholders, ensuring local interests are addressed in forest management.

    Fifteen FLP projects are underway throughout the province, at various stages of development. Last month, government announced open houses for engagement on the Bulkley-Morice FLP, which are ongoing in the Skeena region.

    Learn More:

    For more information about approach to old growth:
    https://www2.gov.bc.ca/gov/content/industry/forestry/managing-our-forest-resources/old-growth-forests

    From Review to Action:
    https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/stewardship/old-growth-forests/from_review_to_action.pdf

    Old Growth Strategic Review:
    https://www2.gov.bc.ca/assets/gov/farming-natural-resources-and-industry/forestry/stewardship/old-growth-forests/strategic-review-20200430.pdf

    MIL OSI Canada News –

  • MIL-OSI USA: FEMA hosting media opportunity at Mercer County, W.Va., disaster recovery center

    Source: US Federal Emergency Management Agency

    Headline: FEMA hosting media opportunity at Mercer County, W.Va., disaster recovery center

    FEMA hosting media opportunity at Mercer County, W.Va., disaster recovery center

    The Federal Emergency Management Agency (FEMA) and the Small Business Administration (SBA) will be available to media at 10:30 a.m., Friday, Jan. 31, 2025, at the Princeton, W.Va., Disaster Recovery Center (DRC). West Virginia FEMA Federal Coordinating Officer Georgeta Dragoiu and a representative of the SBA will be present to provide an update on the recovery mission following the Sept. 25-28, 2024, remnants of Tropical Storm Helene. Dragoiu will speak on the approval of more than $2 million in disaster aid; the upcoming deadline to apply on Friday, Feb. 7; the extra week of DRC operation; and a reminder to residents to be careful with their information. Members of the media are invited to participate.Information for the Princeton Disaster Recovery Center is as follows:Princeton Disaster Recovery CenterLifeline Princeton Church of God250 Oakvale Rd. Princeton, WV 24740Hours of operation:Monday to Friday: 9 a.m. to 5 p.m.Saturdays: 10 a.m. to 2 p.m. Closed SundayFor more information on West Virginia’s disaster recovery, visit emd.wv.gov, West Virginia Emergency Management Division Facebook page, www.fema.gov/disaster/4851 and www.facebook.com/FEMA.
    tiana.suber
    Wed, 01/29/2025 – 21:46

    MIL OSI USA News –

  • MIL-OSI Australia: Contract awarded as Sheahan Bridge upgrade planning project progresses

    Source: New South Wales Premiere

    Published: 29 January 2025

    Released by: Minister for Regional Transport and Roads

    The Albanese and Minns Labor governments are progressing plans for an upgrade of a key bridge on one of Australia’s busiest road freight corridors, as part of efforts to unlock access for more heavy vehicles.

    The $20 million jointly funded planning project for the Sheahan Bridge Upgrade project on the Hume Highway at Gundagai has moved into its next phase of development with a contract awarded to provide a concept design for the bridge’s upgrade or replacement.

    WSP Australia Pty Ltd will provide concept design development and environmental assessment of potential upgrade or replacement options for the northbound bridge over the Murrumbidgee River.

    The current northbound bridge was built in 1977, with duplication of the southbound lanes officially opened to traffic by Prime Minister Anthony Albanese on 25 May 2009 when he was Minister for Infrastructure and Transport.

    While the load limit was increased from 68 to 85 tonnes in 2020 on the northbound bridge, for the safety of motorists Higher Productivity Vehicles still have to use a permit to travel on the NSW section of the Hume Highway due to the age of the bridge and structure limitations.

    These limitations on the northbound bridge also restrict opportunities for contraflow during emergency response or planned maintenance activities on the southbound bridge.

    The Federal and NSW Labor Governments are working together to ensure that this major bridge on the Hume Highway, the oldest and busiest highway in NSW, which follows the 200-year-old track traversed by Hume and Hovell in 1824, can meet the challenges of 21st century road freight.

    The upgrade planning project will investigate potential solution options which include:

    • building a replacement bridge on a new alignment upstream (east) or downstream (west) of the existing bridge
    • replacing the existing bridge on its current alignment
    • strengthening the existing bridge.

    Transport for NSW is now working with the contractor to further investigate each alternative and identify a preferred option.

    It is expected a preferred option will be identified for public display in mid-2026 and Transport will keep the community updated as the project progresses.

    Minister for Regional Transport and Roads Jenny Aitchison said:

    “The Hume Highway is the major freight corridor from Sydney to Melbourne, the oldest and busiest highway in Australia. It has been Labor governments which have invested and delivered the crucial upgrades that have ensured freight, tourism and other road users can rely on this vital network.

    “Instead of forcing HPVs to use permits, the NSW and Federal Labor governments are working together to deliver a fit for purpose bridge which will reduce red tape for HPV freight operators by enabling them to use this route without having to obtain permits.”

    NSW Labor’s spokesperson for Cootamundra Stephen Lawrence MLC:

    “All across regional NSW, Labor governments are working together to improve roads, bridges and other transport infrastructure.

    “I am very pleased to see the Sheahan Bridge upgrade planning project progressing and look forward to learning what the preferred improvement option is.”

    MIL OSI News –

  • MIL-OSI Australia: The next generation of NSW Electric Buses will be built in Nowra

    Source: New South Wales Premiere

    Published: 30 January 2025

    Released by: The Premier, Minister for Domestic Manufacturing and Government Procurement, Minister for Transport

    The South Coast is set to become a new manufacturing hub for the next generation of public transport with the creation of a brand-new electric bus manufacturing facility in Nowra.

    Australian owned bus manufacturer Foton Mobility Distribution is set to build a 6,000 square metre manufacturing facility in South Nowra from late 2025, subject to council approval.

    This follows the Minns Labor Government awarding a contract to Foton to deliver 126 battery electric buses that will be built in Nowra and service bus routes across Greater Sydney.

    The facility will also produce battery electric trucks, as well as hydrogen fuel cell engines, creating around 100 ongoing quality, skilled manufacturing jobs for local workers.

    Foton’s bus contract was one of the first bus orders made through the NSW Government’s Zero Emission Buses (ZEB) program.

    This program is also converting 11 existing bus depots in Greater Sydney to battery electric technology, building a new battery electric depot at Macquarie Park and procuring around 1,200 new electric buses by 2028.

    Transport for NSW is delivering the ZEB program in stages in close consultation with industry, including manufacturers, to provide an opportunity to increase capability and capacity supported by a published pipeline of bus orders.

    While the domestic manufacturing sector can’t be rebuilt overnight – facilities like this are the first step towards building things here in NSW again.

    This facility delivers on the NSW Government’s commitment to domestic manufacturing, supporting local jobs and local industry to build the public transport our state needs.

    This follows 12 years of offshoring by the former Liberal National Government, leading to NSW missing out on thousands of job opportunities and bringing lengthy delays and cost blowouts on major transport contracts.

    Premier Chris Minns said:

    “The offshoring of public transport by the former government was a complete disaster, which is why we’re building these buses here in NSW – creating local jobs and public transport that works.

    “This state of the art facility in Nowra will create ongoing skilled jobs in regional NSW while also delivering emissions free world class public transport for the people of our state.

    “Workers across NSW are great at building public transport like these buses, and under our government they’re building them here again.

    Minister for Transport Jo Haylen said:

    “When the Minns Labor Government says we want to build more buses here, we mean it.

    “Once our partners at Foton get this plant up and running there will be an extra 100 quality manufacturing jobs right here. That’s great news for Nowra and a big boost for NSW manufacturing.

    “We want our local manufacturers and suppliers have good opportunities to get involved in building the Zero Emissions Buses that we need. That’s why we have structured our zero-emissions bus program in a way that builds our bus manufacturing capacity for the long term.”

    “We are at the beginning of our project to build the clean, green buses of the future. Transport for NSW announced the first battery electric bus orders under the Zero Emissions Bus program for Greater Sydney in December 2024.

    “There will be many more orders to come for Sydney, Outer Metropolitan and Regional NSW and many good quality, skilled manufacturing jobs that will be created thanks to the Minns Labor Government’s support for building our buses, trains and ferries right here in Australia.”

    Minister for Domestic Manufacturing and Government Procurement Courtney Houssos said:

    “This new facility shows the high-quality products that NSW workers and businesses can deliver.

    “The previous government sent contracts like this offshore, costing NSW thousands of jobs and billions of dollars. We are choosing to support local jobs and local businesses.

    “By leveraging the power of government contracts like this, we can rebuild local industries, support local workers and grow the NSW economy, particularly in regional communities.

    “This is an important milestone as we deliver on our pledge to bring domestic manufacturing back to NSW.”

    Member for South Coast Liza Butler said:

    “The Minns Government understands the importance of local jobs and skills training for regional communities.”

    “The proposed new bus factory here in Nowra will provide fantastic employment opportunities for up to 100 people once fully operational and enable the re-skilling and upskilling of many workers who wish to be a part of the transition to zero emissions transport.”

    Member of the Legislative Council Sarah Kaine said:

    “We’re building Australia’s future right here in the South Coast and delivering good quality, local jobs in the process.”

    “This is a Labor Government that is investing back into its regional economies and ensuring equal opportunity for local manufacturing of our world-class transport system. 

    MIL OSI News –

  • MIL-OSI Australia: Eurobodalla Regional Hospital moves ahead with first concrete pour complete and highway roundabout works to begin

    Source: New South Wales Government 2

    Headline: Eurobodalla Regional Hospital moves ahead with first concrete pour complete and highway roundabout works to begin

    Published: 29 January 2025

    Released by: Minister for Health, Minister for the Illawarra and the South Coast, Minister for Regional Health

    Construction of the new $330 million Eurobodalla Regional Hospital is on track, with the first concrete pour complete and work to build a new roundabout on the Princes Highway set to start in the coming months.

    The new concrete slab forms part of the lower ground floor of the north-western corner of the hospital which will include the first paediatric department in the region and a contemporary maternity unit, supporting high-quality, patient-centred care.

    The new maternity department has been designed with extensive input from staff and the community, and will offer a calming, modern and culturally safe environment for women and families.

    The new paediatric department will complement other new services such as an intensive care unit and an MRI, enabling the hospital to provide comprehensive care for newborns, infants, and children.

    To support future access to the new hospital’s site entrance, work to deliver a new roundabout on the Princes Highway will shortly begin, with construction expected to start in the coming months.

    To ensure the safety of workers and motorists, temporary traffic conditions will be in place during this period, with work expected to be completed late 2025.

    Staff and the community are encouraged to stay up to date with the latest project news and information by visiting the project website.

    Quotes attributable to Minister for Regional Health Ryan Park:

    “The NSW Government is investing in the future of our local communities by delivering this critical health infrastructure project which will support the healthcare needs of the entire Eurobodalla Shire from Narooma to Batemans Bay.

    “The $330 million new Eurobodalla Regional Hospital will be larger than both Moruya and Batemans Bay hospitals combined and has been designed with the capacity to grow as demand for health services changes.

    “This exciting milestone is another step towards delivering a world-class hospital for the Eurobodalla community.”

    Quotes attributable to Member for Bega, Dr Michael Holland

    “It’s very exciting to see the significant progress being made on the $330 million Eurobodalla Regional Hospital project, which will soon provide more health services and more specialist care for our community.

    “I’m pleased to see the new paediatrics and maternity units taking shape, which will support elevated healthcare for families in the Eurobodalla, enabling and offering an enhanced level of service and care to our community.”

    MIL OSI News –

  • MIL-OSI USA: Governor Polis Celebrates Progress Made for Colorado Students in New Education Data

    Source: US State of Colorado

    DENVER – Today, Governor Polis highlighted the progress that Colorado has made as shown by the most recent NAEP scores, while acknowledging that there is more work ahead to support students and educators. 

    “The Nation’s Report Card is a valuable resource as we work to boost student achievement and outcomes here in Colorado. Today’s release shows that while Colorado is holding its own and has made important progress, it’s clear that we have a lot more work to do to help all students achieve at grade level or above. When the last set of NAEP scores came out in 2022, we acted on the insights and took action to boost math achievement, including passing legislation to create new out-of-school time opportunities centered around STEM, supporting math-focused teacher preparation and professional development, and helping schools acquire high quality instructional math materials. We believe the groundwork laid through these sustained efforts will lead to steady improvements in the years ahead. Colorado will continue to pursue every avenue to get our students the support they need, including free preschool and kindergarten that’s saving families thousands each year to afterschool programming for math and science, support for innovation in our schools, ensuring parents in education deserts have more quality choices, and increased per pupil funding. Everything should be on the table to ensure every student can succeed across our entire state,” said Governor Jared Polis. 

    New NAEP data shows that: 

    • Colorado is #1 in the nation in change since 2022 in scale scores for all students and Black students in 8th grade reading. 
    • Colorado is #2 in the nation for change since 2022 scale score for all students in 8th grade math. 
    • Colorado matched or outpaced the nation in change since 2022 for all students in every grade and subject. 
    • Colorado is #1 in the nation for improvement over the last decade (2013 to 2024) for Black students in 8th grade reading. 
    • Colorado is #2 in the nation for improvement over the last decade (2013 to 2024) for Black students in 4th grade reading. 
    • Colorado outpaced the nation for improvement over the last decade (2013 to 2024) for Black students in every grade and subject. 
    • Colorado outpaced the nation over the last decade (2013 to 2024) for Hispanic students in 8th grade reading and math. 

    As Chair of the National Governors Association, Governor Polis launched Let’s Get Ready: Educating All Americans for Success to support Governors in driving innovative education policies. Let’s Get Ready aims to help Governors form policies that better evaluate outcomes for state investments in education and improve outcomes for learners at all stages of their education journey. The initiative also focuses on the ways states can meet the future needs of the workforce and strengthen the economy by preparing students for success in and outside of the classroom. 

    ###

    MIL OSI USA News –

  • MIL-OSI: NVIDIA Sets Conference Call for Fourth-Quarter Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SANTA CLARA, Calif., Jan. 29, 2025 (GLOBE NEWSWIRE) — NVIDIA will host a conference call on Wednesday, February 26, at 2 p.m. PT (5 p.m. ET) to discuss its financial results for the fourth quarter and fiscal year 2025, which ended January 26, 2025.

    The call will be webcast live (in listen-only mode) on investor.nvidia.com. The company’s prepared remarks will be followed by a Q&A session, which will be limited to questions from financial analysts and institutional investors.

    Ahead of the call, NVIDIA will provide written commentary on its fourth-quarter results from its chief financial officer, Colette Kress. This material will be posted to investor.nvidia.com immediately after the company’s results are publicly announced at approximately 1:20 p.m. PT.

    The webcast will be recorded and available for replay until the company’s conference call to discuss financial results for its first quarter of fiscal year 2026.

    About NVIDIA
    NVIDIA (NASDAQ: NVDA) is the world leader in accelerated computing.

    For further information, contact:
    Investor Relations
    NVIDIA Corporation
    ir@nvidia.com     		 Corporate Communications
    NVIDIA Corporation
    press@nvidia.com
       

    © 2025 NVIDIA Corporation. All rights reserved. NVIDIA and the NVIDIA logo are trademarks and/or registered trademarks of NVIDIA Corporation in the U.S. and other countries.

    The MIL Network –

  • MIL-OSI: Univest Securities, LLC Announces Closing of $3.4 Million Registered Direct Offering for its Client Lichen China Limited (NASDAQ: LICN)

    Source: GlobeNewswire (MIL-OSI)

    New York, New York, Jan. 29, 2025 (GLOBE NEWSWIRE) — Univest Securities, LLC (“Univest”), a member of FINRA and SIPC, and a full-service investment bank and securities broker-dealer firm based in New York, today announced the of registered direct offering (the “Offering”) for its client Lichen China Limited (NASDAQ: LICN) (the “Company”), a dedicated financial and taxation service provider.

    Under the terms of the securities purchase agreement, the Company has agreed to sell to several investors for the purchase and sale of an aggregate of 42,500,000 shares of Company’s Class A ordinary share, par value $0.00004 per share (the “Shares”) (or pre-funded warrants in lieu thereof) at a purchase price of $0.08 per share in a registered direct offering. The purchase price for the pre-funded warrants is identical to the purchase price for Shares, less the exercise price of $0.001 per share.

    The aggregate gross proceeds to the Company was approximately $3.4 million.

    Univest Securities, LLC acted as the sole placement agent.

    The registered direct offering was made pursuant to a shelf registration statement on Form F-3 (File No. 333-277230) previously filed by the Company and declared effective by the U.S. Securities and Exchange Commission (“SEC”) on March 1, 2024. A final prospectus supplement and accompanying prospectus describing the terms of the proposed offering were filed with the SEC and are available on the SEC’s website located at http://www.sec.gov. Electronic copies of the final prospectus supplement and the accompanying prospectus may be obtained, by contacting Univest Securities, LLC at info@univest.us, or by calling +1 (212) 343-8888.

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

    About Univest Securities, LLC

    Registered with FINRA since 1994, Univest Securities, LLC provides a wide variety of financial services to its institutional and retail clients globally including brokerage and execution services, sales and trading, market making, investment banking and advisory, wealth management. It strives to provide clients with value-add service and focuses on building long-term relationship with its clients. For more information, please visit: www.univest.us.

    About Lichen China Limited

    Lichen China Limited focuses on providing financial and taxation solution services, education support services, and software and maintenance services under its “Lichen” brand. In recognition of the Company’s expertise and experience in the financial and taxation solution services industry for over 18 years, the Company has built up its reputation as a dedicated financial and taxation solution services provider of professional and high-quality services in China. For more information, please visit the Company’s website: https://ir.lichenzx.com/.

    Forward-Looking Statements

    This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. Univest Securities LLC and the Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

    For more information, please contact:
    Univest Securities, LLC
    Edric Guo
    Chief Executive Officer
    75 Rockefeller Plaza, Suite 18C
    New York, NY 10019
    Phone: (212) 343-8888
    Email: info@univest.us

    The MIL Network –

  • MIL-OSI USA: Kennedy, Booker introduce bill to protect animals from unnecessary drug testing at the FDA

    US Senate News:

    Source: United States Senator John Kennedy (Louisiana)

    WASHINGTON – Sen. John Kennedy (R-La.) today joined Sen. Cory Booker (D-N.J.) and colleagues in introducing the Food and Drug Administration (FDA) Modernization Act 3.0. The bill would require the FDA to implement the FDA Modernization Act 2.0 (FDAMA 2.0) to update drug testing to meet modern standards.

    In 2022, Congress passed the FDAMA 2.0, which Kennedy helped introduce and Pres. Joe Biden signed into law. The law removes a requirement under the Federal Food, Drug and Cosmetic Act for mandatory testing on animals before human clinical trials. 

    “The Biden administration had two years to implement the FDA Modernization Act 2.0, but it didn’t act. Congress should send this bill to Pres. Trump’s desk to help protect animals from mandatory testing at the FDA,” said Kennedy.

    “It’s been over two years since Congress ended the statutory mandate that investigational new drugs (INDs) undergo mandatory animal testing before human clinical trials. We cannot allow the FDA to continue to delay on implementing this critical law. If passed, this bipartisan legislation will require FDA to finally update its regulations and will pave the way for more scientifically reliable and humane methods of drug development,” said Booker.

    Under the FDAMA 2.0, the FDA would be required to use other methods of testing, such as organ chips, computer modeling and bioprinting, before human trials. The FDA Modernization Act 3.0 would mandate the FDA to update its regulations for testing within 12 months of enactment.

    Sens. Eric Schmitt (R-Mo.), Rand Paul (R-Ky.), Angus King (I-Maine), Sheldon Whitehouse (D-R.I.), Richard Blumenthal (D-Conn.), Ben Ray Luján (D-N.M.) and Roger Marshall (R-Kan.) also cosponsored the legislation.

    The full bill text is available here. 

    MIL OSI USA News –

  • MIL-OSI USA: Senator Coons, colleagues introduce bipartisan legislation to support firefighters with service-related cancers

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons

    WASHINGTON – U.S. Senators Chris Coons (D-Del.), Amy Klobuchar (D-Minn.) and Kevin Cramer (R-N.D.) reintroduced the Honoring Our Fallen Heroes Act. This bipartisan legislation, which passed unanimously out of the Senate Judiciary Committee last year, would expand federal support for the families of firefighters and other first responders who pass away or become permanently disabled from service-related cancers. The Public Safety Officer Benefits (PSOB) program—which provides benefits to first responders injured in the line of duty and to their families—currently extends protection to first responders suffering from a narrow list of injuries and illnesses. This bill would expand PSOB coverage to more first responders and their families.

    “Firefighters face many life-threatening health risks. Not all of them move as swiftly as a heart attack, but families are no less deserving of benefits if they lose their loved ones to cancers they were exposed to the line of duty,” said Senator Coons. “We need to close this loophole in the PSOB program so that the families of firefighters and first responders who lost their lives due to service-related cancers or face severe disabilities receive the benefits they deserve.”

    “As we are seeing in California and throughout the country, our firefighters put their lives on the line every day to keep us safe, often exposing themselves to carcinogens that can have lethal long-term effects. It’s unacceptable that firefighters who succumb to cancer from work-related exposure or become permanently and totally disabled don’t receive the same treatment as others who die in the line of duty,” said Senator Klobuchar. “Our bipartisan legislation will honor the memory and sacrifice of St. Paul Fire Department Captain Mike Paidar and so many others who risk their lives in service of their communities.”

    “Our first responders epitomize courage and selfless sacrifice, confronting both the immediate perils of their duty and lingering health risks associated with their service,” said Senator Cramer. “The exposure to dangerous carcinogens happens on our behalf. When these heroes make the ultimate sacrifice, their families should not bear these burdens alone.”

    The Honoring our Fallen Heroes Act would expand access to federal support for the families of firefighters and first responders who pass away from cancer caused by carcinogenic exposure during their service. The bill would also extend disability benefits in cases where these first responders become permanently and totally disabled due to cancer.

    This legislation was introduced in honor of Michael Paidar, a fire captain who died in 2020 of an aggressive form of Acute Myeloid Leukemia. In 2021, after strong advocacy from the Paidar family, the Minnesota Department of Public Safety awarded line-of-duty benefits to Captain Paidar’s widow, Julie. This was the first time that Minnesota’s state PSOB program provided a firefighter’s family with benefits for cancer incurred in the line of duty. The Honoring Our Fallen Heroes Act would ensure that firefighters and other first responders across the country are eligible to receive similar benefits under the federal PSOB program. 

    In addition to Senators Coons, Klobuchar, and Cramer, this bill is also co-sponsored by Senators Alex Padilla (D-Calif.), Adam Schiff (D-Calif.), Jim Banks (R-Ind.), John Barrasso (R-Wyo.), Marsha Blackburn (R-Tenn.), Richard Blumenthal (D-Conn.), John Cornyn (R-Texas), Ted Cruz (R-Texas), Tammy Duckworth (D-Ill.), Dick Durbin (D-Ill.), John Fetterman (D-Pa.), Deb Fischer (R-Neb.), Lindsey Graham (R-S.C.), Mazie Hirono (D-Hawaii), John Hoeven (R-N.D.), Jim Justice (R-W.Va.), Mark Kelly (D-Ariz.), Ed Markey (D-Mass.), Mike Rounds (R-S.D.), Jeanne Shaheen (D-N.H.), Tim Sheehy (R-Mont.), Tina Smith (D-Minn.), Mark Warner (D-Va.), Elizabeth Warren (D-Mass.), Peter Welch (D-Vt.), Sheldon Whitehouse (D-R.I.), and Ron Wyden (D-Ore.).

    The legislation is endorsed by the International Association of Fire Fighters (IAFF), Association of State Criminal Investigative Agencies (ASCIA), Congressional Fire Services Institute (CFSI), Federal Law Enforcement Officers Association (FLEOA), Fraternal Order of Police (FOP), International Association of Fire Chiefs (IAFC), Major County Sheriffs of America (MCSA), Metropolitan Fire Chiefs Association (Metro Chiefs), National Association of Police Organizations (NAPO), National Fallen Firefighters Foundation (NFFF), National Fire Protection Association (NFPA), National Narcotics Officers’ Associations Coalition (NNOAC), National Volunteer Fire Council (NVFC), and the Sergeants Benevolent Association of the NYPD. 

    A full list of endorsement quotes is available here.

    Senator Coons has long-advocated for firefighters and first responders’ health, benefits, safety, and well-being. He worked to pass the bipartisan Fire Grants and Safety Act, which was signed into law by President Biden in 2023, and helps local fire departments access funding for training, personnel, and equipment—all of which are especially in demand from small and volunteer fire departments. He also cosponsored the Protecting America’s First Responders Act, which was signed into law in 2021, and improved the PSOB program by allowing benefit amounts to be calculated based on the date of the award and account for cost of living increases. In 2022, he introduced the Fighting Post-Traumatic Stress Disorder Act, a bipartisan bill to promote mental health programs for America’s first responders, who often face long-term effects from providing life-saving services in moments of crisis.

    MIL OSI USA News –

  • MIL-OSI USA: Sen. Moran Joins Colleagues in Introducing Legislation to Incentivize Charitable Giving

    US Senate News:

    Source: United States Senator for Kansas – Jerry Moran

    WASHINGTON – Today, U.S. Senator Jerry Moran (R-Kan.) joined James Lankford (R-Okla.) and Chris Coons (D-Del.) and 10 of his colleagues in introducing the Charitable Act to expand and extend the expired non-itemized deduction for charitable giving. The bill would ensure Americans who donate to charities, houses of worship, religious organizations and other nonprofits of their choice are able to deduct that donation from their federal taxes at a higher level than the current deduction. 

    The deduction became law as part of the CARES Act, passed by Congress and signed into law in 2020 by President Trump. The policy resulted in 90 million tax returns utilizing the deduction, and households making between $30,000 and $100,000 saw the largest increase in charitable giving. Charitable organizations received $30 billion in increased donations as a result.

    “Americans continuously demonstrate their generosity and their desire to help those in need through their charitable giving,” said Sen. Moran. “Updating our tax laws will help reward and incentivize more charitable donations to provide resources for individuals who need help.”

    “America’s first safety net should never be the government—government is the least efficient caregiver by far,” said Sen. Lankford. “Our families, churches, and other nonprofits do incredible work to lift up those who need it most. Updating the tax law to incentivize giving empowers Americans to make an even bigger impact for the homeless, hurting, and hungry.”

    “Delawareans have always risen to the occasion in support of our communities,” said Sen. Coons. “Last year, Americans demonstrated our generosity by donating a collective $557 billion to charities, houses of worship, and nonprofits. I am proud to reintroduce the Charitable Act with Senator Lankford to help the federal government encourage even more Americans to embrace the civic virtue of giving to those in need.”

    The senators were also joined by Sens. Catherine Cortez Masto (D-Nev.), John Hickenlooper (D-Colo.), Pete Ricketts (R-Neb.), Amy Klobuchar (D-Minn.), Raphael Warnock (D-Ga.), Jeanne Shaheen (D-N.H.), John Curtis (R-Utah), Marsha Blackburn (R-Tenn.), Katie Britt (R-Ala.) and Tim Scott (R-S.C.).

    This bill is supported by numerous organizations including National Council of Nonprofits (25,000 member organizations), Charitable Giving Coalition (175 member organizations), the Nonprofit Alliance, Faith & Giving Coalition, Leadership 18, Independent Sector, YMCA, Council on Foundations, American Endowment Foundation, Philanthropy Southwest, Christian Alliance for Orphans, Ethics & Religious Liberty Commission, United Philanthropy Forum, National Association of Charitable Gift Planners, Association of Art Museum Directors, ECFA, Association of Fundraising Professionals, Council for Advancement and Support of Education, Americans for the Arts, American Heart Association, Oklahoma Center for Nonprofits, Delaware Alliance for Nonprofit Advancement, Maryland Nonprofits, Boys and Girls Club of America and March of Dimes.

    MIL OSI USA News –

  • MIL-OSI Russia: Chinese New Year train launched in the Moscow Metro!

    Source: Moscow Metro

    The Moscow Metro has unveiled a special themed train to celebrate Chinese New Year as part of the Russia-China Years of Culture 2024–2025.

    For the first time, the metro collaborated with colleagues from China to design a unique branded train. The train is painted in red, a color traditionally associated with happiness, joy, luck, and prosperity in Chinese culture.

    Chinese New Year on the Moscow Metro.

    A Festive Design Inspired by Chinese Traditions

    • The exterior of the train features the symbol of the Year of the Snake, as well as a Chinese dragon, representing a new beginning and prosperity.
    • Inside, passengers can explore photographs showcasing traditional Chinese New Year celebrations.
    • The front carriages display the official emblem of the Russia-China Years of Culture, featuring a Russian bear and a Chinese panda in national costumes holding hands—a symbol of friendship and unity.

    The themed train will operate for one month on the Line 3.

    As an additional feature, a metro map with all transport locations labeled in Chinese has been placed in the front carriage of the train.

    Strengthening Cultural Ties Between Moscow and Beijing

    The launch of themed trains has become a cherished tradition in the Moscow Metro. Today, for the first time, we are introducing a special metro train dedicated to the strong and friendly relations between Moscow and Beijing, as well as the celebration of Chinese New Year. We hope that this beautifully decorated train will bring joy to passengers and allow them to experience the festive atmosphere of the holiday. Moscow Transport continues to actively participate in the cultural life of the capital, following the initiative of Mayor Sergey Sobyanin, — said Maksim Liksutov, Deputy Mayor of Moscow for Transport.

    MIL OSI Russia News –

  • MIL-OSI Russia: Moscow scientists have developed 11 medical phantoms to enhance Patient Diagnosis

    Source: Center for Diagnostics and Telemedicine of the Moscow Health Department (MHD)

    The recent development has improved the accessibility of magnetic resonance imaging (MRI) technology. Researchers in Moscow have successfully developed  11 medical phantoms that accurately mimics human tissues, organs, and anatomical structures. These advancements assist healthcare professionals in conducting diagnostic procedures more effectively. This information was shared by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    Phantom Functionality and Applications

    “Phantoms are durable and realistic products that mimic human anatomy. Some are utilized for training young professionals and refining the skills of experienced medical professionals, while others are employed for calibrating diagnostic equipment.” said Rakova. The development of these phantoms allows specialists to practice essential techniques for conducting imaging studies and prepares devices for various procedures. Among the latest innovations is a prostate phantom, which has already seen successful implementation in clinical settings.

    Addressing Clinical Challenges

    MRI is currently the most widespread technique to detect prostate cancer; however, the presence of artificial metal implants in older patients often complicates this type of imaging. This necessitates adjustments to the MRI protocol prior to examinations. To address this issue, scientists at the Center for Diagnostics and Telemedicine of the Moscow Healthcare Department have developed the first in-house prostate phantom, which allows for device calibration without requiring patient involvement.

    “Metal implants can complicate the interpretation of MRI results significantly. Our objective was to tackle a critical clinical challenge: minimizing errors associated with metal hip implants during prostate MRI scans. These implants can not only cause distortions but also affect the accuracy of quantitative measurements. Developing a new scanning protocol is time-consuming, which can prolong the examination process and disrupt scheduling within diagnostic facilities. Moreover, adjustments made during the examination may lead to heating of the implant, resulting in patient discomfort. By utilizing a phantom, we can perform necessary adjustments in advance, thereby mitigating these risks,” explained Yuri Vasilev, Chief Consultant for Radiology of the Moscow Healthcare Department and CEO of the Moscow Center for Diagnostics and Telemedicine.

    Previous Innovations and Future Directions

    In addition to the prostate phantom, researchers recently introduced fetal phantom, designed to optimize MRI protocol for pregnant women. This tool not only aids in training physicians and X-Ray technicians but also serves as a benchmark for equipment standards in clinical practice and the development of new research protocols.

    The Centre for Diagnostics and Telemedicine is a leading scientific and practical institution within the Moscow Healthcare Department, focusing on the creation of phantoms and medical simulators, as well as the provision of educational courses. Since its inception in 2013, the Center’s employees have produced over 800 scientific papers, including articles, methodological guidelines, monographs, and teaching materials.

    This project aligns with national healthcare objectives aimed at enhancing the quality and accessibility of medical care for residents of Moscow.

    MIL OSI Russia News –

  • MIL-OSI United Nations: From policy to progress: UN deputy chief Mohammed outlines path for Africa’s clean energy transformation

    Source: United Nations 4

    Economic Development

    United Nations Deputy Secretary-General Amina Mohammed highlighted on Tuesday the critical need for collaborative and urgent action to achieve the ambitious goal of bringing electricity to 300 million Africans by 2030.

    “Access to electricity is not just a matter of convenience; it is a fundamental human right that underpins economic growth, education, healthcare, and gender equality,” Ms. Mohammed told African Heads of State attending the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania.  

    The Summit brought together African leaders and development partners to discuss Mission 300, an initiative by the African Development Bank and the World Bank. The initiative addresses energy access challenges and aims to create jobs for Africa’s youth and support future development.

    “We must work together, with a sense of urgency and commitment, to ensure that no one is left behind in this transformative journey,” Ms. Mohammed, stressed.

    Africa’s energy landscape presents a paradox. Despite being rich in renewable resources, the continent grapples with one of the lowest levels of energy access globally. As the UN deputy chief pointed out, nearly 600 million Africans lack access to electricity, making it essential to leverage the continent’s abundant renewable energy resources and critical minerals.

    Unlocking Africa’s potential

    “Africa has immense potential to show the world what a new economic development paradigm grounded in sustainability, resilience, justice, and inclusivity can look like,” Ms. Mohammed stated, and underscored the interconnectedness of enhanced energy access with broader development goals, such as health, education, and gender equality.

    “By advancing long-term energy security and sovereignty, we can foster peace, create green jobs, and build resilient livelihoods – paving the way for improved stability and prosperity across the continent,” she said.  

    She highlighted that with renewable energy now being the cheapest source of new electricity, the Mission 300 initiative represents a transformative opportunity for Africa.

    A shining example: Tanzania’s progress

    Ms. Mohammed praised Tanzania as a beacon of success, showcasing how rural electrification and off-grid renewable energy solutions can transform lives, particularly in remote and underserved areas.  

    “The country has made remarkable strides, with electricity access increasing from just 14 per cent in 2011 to 46 per cent in 2022,” she noted. This progress has led to over one million new connections, driving the rural electrification rate to 72 per cent.

    “This progress means that more boys and girls in remote areas can now study in well-lit classrooms, health workers can deliver life-saving services to off-grid populations, and rural businesses can thrive with reliable power,” said the UN deputy chief, emphasizing that energy access is not just about electricity – it’s about opportunity, equity, and the foundation of a brighter future.

    Policies and reforms for transforming African energy

    In a panel discussion that was held Monday on the theme Policies and Reforms for Transforming African Energy, Ms. Mohammed reiterated the need for comprehensive reforms to accelerate electrification across the continent. She stressed the role of renewable energy in driving sustainable development and reducing greenhouse gas emissions.

    “Africa is rich in renewable energy resources, from solar and wind to hydro and geothermal power,” she said. “By harnessing these resources, we can not only provide electricity to millions but also create green jobs, improve health outcomes, and protect the environment.”

    The Deputy Secretary-General highlighted three key areas for policymakers to focus on: fostering policy coherence, mobilizing finance and support, and enhancing transparent international cooperation.

    UN Tanzania/Muntazar Abuhaidary

    Fostering policy coherence

    Ms. Mohammed underscored the importance of coherent and aligned policies with Sustainable Development Goals (SDGs) and Nationally Determined Contributions (NDCs), the individual climate action plans submitted by each country under the Paris Agreement.  

    “Policy makers and the international institutions need to strive to ensure sector-wide plans are coherent and aligned with the achievement of the SDGs due in 2030, while investors need robust regulatory laws in place to ensure business can operate aligned with them,” she stressed.

    She added that “NDCs must coordinate the transition from fossil fuels with scaling of renewables and grid modernization and expansion, ensuring energy security and affordability.”  

    Ms. Mohammed also emphasized that NDCs represent a unique opportunity for all countries to align their new climate plans and energy strategies, together with addressing adaptation needs.

    Mobilizing finance and support

    While private sector investments are crucial, Ms. Mohammed stressed the importance of public financing, especially in modernizing grid infrastructure to expand access and integrate renewables. “Blending concessional public funds with commercial funds can help multiply renewable energy investments in developing countries,” she noted.

    “We must work to strengthen the health of Africa’s public finances and tackle unsustainable debt burdens that are crowding out essential public investments,” the UN deputy chief added, calling for long-term concessional finance and the implementation of the $1.3 trillion roadmap agreed last year at the UN climate conference in Baku.

    Transparent international cooperation

    Ms. Mohammed went on to emphasize the importance of international investments and cross-border partnerships in delivering electricity projects at a massive scale. “Public private partnerships need to be subject to stable and transparent public procurement rules throughout the whole project cycle,” she said.

    “Transparency and accountability should be a hallmark of Mission 300 and set a new standard for cooperation across the continent,” she concluded.

    African Heads of State commit to energy reforms

    The summit saw African Heads of State commit to concrete reforms and actions to expand access to reliable, affordable, and sustainable electricity. The Dar es Salaam Energy Declaration, endorsed by the summit, outlines the commitments and practical actions needed to achieve the Mission 300 goals.

    “Today, we have taken a significant step towards transforming Africa’s energy landscape,” said President Samia Suluhu Hassan of Tanzania. “By working together and implementing these reforms, we can ensure that our citizens have access to clean and affordable energy, which is essential for their well-being and economic prosperity.”

    Africa can lead clean energy transition

    In her closing remarks, Ms. Mohammed expressed optimism about Africa’s potential to lead the global clean energy transition.  

    “With the right policies and reforms, Africa can become a model for sustainable development and resilience,” she said. “Let us seize this opportunity to create a brighter future for our continent and its people.” 

    MIL OSI United Nations News –

  • MIL-OSI Australia: Antarctic biodiversity database has ice-free areas covered

    Source: Australian Government – Antarctic Division

    Australian Antarctic Program scientists have released the most comprehensive database of species living in the ice-free areas of Antarctica, after 16 years of research.
    More than 35,600 records, some more than 200 years old, have been consolidated into one central location.
    The records comprise the location and identity of 1890 species, including mosses, lichens, fungi, invertebrates, microbes, birds and seals.

    Australian Antarctic Division Program Leader, Dr Aleks Terauds, said ‘The Biodiversity of Ice-free Antarctica Database’ will underpin future regional and global studies of ecology, diversity and change. For example, the Antarctic ecosystem classification, recently published in Nature Scientific Data, relied heavily on the records in this database.
    “The species represented in this database occur across all 16 ‘Antarctic Conservation Biogeographic Regions’, which are distinct areas characterized by different climates, landscapes and species,” Dr Terauds said.
    “By better understanding the location and diversity of species across these bioregions, and Antarctica generally, we can design better studies to understand ecological structure and function, and mitigate the impacts of environmental change on biodiversity.
    “This new Antarctic database can also be integrated into global biodiversity-related studies, and it supports conservation actions required under the Protocol on the Environmental Protection to the Antarctic Treaty.”
    Dr Terauds said the database began with an initial foundational dataset taken from the Scientific Committee on Antarctic Research (SCAR) Antarctic Biodiversity Database in 2008.
    Since then the research team has scoured other databases, herbaria, field research notes and scientific literature, quality checking and validating the spatial location and identity of additional records.
    The records were collected between the early 1800s and 2019, with most records collected after 1950.
    More than 15% of the records were of penguins and flying seabirds, and most (more than 15,000) were collected from the north-west Antarctic Peninsula, followed by almost 5000 from East Antarctica.
    Nearly 78% of records were collected within one kilometre of the continent’s coast.
    Dr Terauds said ice-free areas make up about 0.4% of Antarctica and include coastal oases, cliffs, nunataks (mountain summits or ridges poking through ice) and scree (loose stones).
    “The characteristics that make these small ‘islands in the ice’ attractive to the animals, plants and other organisms that live and breed in Antarctica, also makes them attractive to humans and potentially invasive species,” he said.
    “So it’s really important that we understand what’s there and use that information to advance scientific understanding, conservation and biosecurity.”
    The research was published in Ecology yesterday and is available through the Australian Antarctic Data Centre.  A companion paper assessing the potential use of the database was recently published in Diversity and Distributions.
    This content was last updated 1 minute ago on 30 January 2025.

    MIL OSI News –

  • MIL-OSI: Parkway International Capital Group Funds $17.5 Million Senior Living Refinance

    Source: GlobeNewswire (MIL-OSI)

    HENDERSON, Nev., Jan. 29, 2025 (GLOBE NEWSWIRE) — Parkway International Capital Group (PIC Group) has successfully closed a $17.5 million refinance loan for a premier senior living development in Henderson, Nevada, demonstrating its expertise in large-scale, customized financing solutions.

    Why the Borrower Chose PIC Group
    The borrower, a leading healthcare and senior living developer with over $500 million in completed projects, selected PIC Group for its:

    * Industry Expertise: Proven success in senior living financing
    * Efficient Execution: Closing within 20 days
    * Tailored Solutions: Structuring that delivered cost savings and flexibility

    Addressing Growing Market Demand
    The project, a 150-unit senior living community with independent living, assisted living, and memory care services, meets rising demand in Henderson, where the senior population continues to grow. This aligns with a projected 44% increase in demand for senior housing by 2030 (NIC data).

    Financial Highlights
    * Loan Amount: $17.5 million
    * Loan Term: 36 Months, up to 5 years amortization
    * Interest Rate: Fixed at 8.98%
    * Loan-to-Value (LTV): 75%, ensuring liquidity and equity balance

    The refinance reduced the borrower’s annual debt service by $450,000 and provided capital for future projects.

    About Parkway International Capital Group
    PIC Group specializes in innovative commercial financing for high-value projects, partnering with clients to deliver tailored solutions and exceptional results.

    Media Contact

    Marvin Fincham
    Visit our website at pic-group.net
    Email us at loans@pic-group.net

    The MIL Network –

  • MIL-OSI: United Fire Group, Inc. Announces Its 2024 Fourth Quarter Earnings Call

    Source: GlobeNewswire (MIL-OSI)

    CEDAR RAPIDS, Iowa, Jan. 29, 2025 (GLOBE NEWSWIRE) — United Fire Group, Inc. (Nasdaq: UFCS) (the “Company”, “UFG”, “we”, or “our”) announced today that its 2024 fourth quarter earnings results will be released after the market closes on Tuesday, February 11, 2025. An earnings call will be held on Wednesday, February 12, 2025 at 9:00 a.m. central time to allow securities analysts, shareholders and other interested parties the opportunity to hear management discuss the Company’s 2024 fourth quarter results.

    Teleconference: Dial-in information for the call is toll-free 1-844-492-3723 (international 1-412-542-4184). Participants should request to join the United Fire Group call. The event will be archived and available for digital replay through February 19, 2025. The replay access information is toll-free 1-877-344-7529 (international 1-412-317-0088); access code no. 4765665.

    Webcast: A webcast of the teleconference can be accessed at the Company’s investor relations page at https://ir.ufginsurance.com/event/ or https://event.choruscall.com/mediaframe/webcast.html?webcastid=j4u0yn8Q. The archived audio webcast will be available for one year.

    Transcript: A transcript of the teleconference will be available on the Company’s website soon after the completion of the teleconference.

    About UFG:

    Founded in 1946 as United Fire & Casualty Company, UFG, through its insurance company subsidiaries, is engaged in the business of writing property and casualty insurance.

    The company is licensed as a property and casualty insurer in all 50 states and the District of Columbia, and is represented by approximately 1,000 independent agencies. A.M. Best Company assigns a rating of “A-” (Excellent) for members of the United Fire & Casualty Group.

    For more information about UFG visit www.ufginsurance.com.

    Contact: Investor Relations at IR@unitedfiregroup.com.

    The MIL Network –

  • MIL-OSI: ACNB Corporation Announces First Quarter Cash Dividend

    Source: GlobeNewswire (MIL-OSI)

    GETTYSBURG, Pa., Jan. 29, 2025 (GLOBE NEWSWIRE) — ACNB Corporation (NASDAQ: ACNB), financial holding company for ACNB Bank and ACNB Insurance Services, Inc., announced today that the Board of Directors approved and declared a regular quarterly cash dividend of $0.32 per share of ACNB Corporation common stock payable on March 14, 2025, to shareholders of record as of February 28, 2025. This per share amount reflects a 6.7% increase over the $0.30 per share paid in the first quarter of 2024. This dividend declaration is expected to result in aggregate dividend payments of approximately $3.38 million to ACNB Corporation shareholders in the first quarter of 2025, an increase of approximately 24% over the prior quarter, due to the additional shares expected to be issued to former Traditions Bancorp, Inc. shareholders upon the anticipated close of the acquisition on February 1, 2025.

    ACNB Corporation, headquartered in Gettysburg, PA, is the independent $2.4 billion financial holding company for the wholly-owned subsidiaries of ACNB Bank, Gettysburg, PA, and ACNB Insurance Services, Inc., Westminster, MD. Originally founded in 1857, ACNB Bank serves its marketplace with banking and wealth management services, including trust and retail brokerage, via a network of 27 community banking offices and two loan offices located in the Pennsylvania counties of Adams, Cumberland, Franklin, Lancaster and York and the Maryland counties of Baltimore, Carroll and Frederick. ACNB Insurance Services, Inc. is a full-service insurance agency with licenses in 46 states. The agency offers a broad range of property, casualty, health, life and disability insurance serving personal and commercial clients through office locations in Westminster and Jarrettsville, MD, and Gettysburg, PA. For more information regarding ACNB Corporation and its subsidiaries, please visit investor.acnb.com.

    FORWARD-LOOKING STATEMENTS – In addition to historical information, this press release may contain forward-looking statements. Examples of forward-looking statements include, but are not limited to, (a) projections or statements regarding future earnings, expenses, net interest income, other income, earnings or loss per share, asset mix and quality, growth prospects, capital structure, and other financial terms, (b) statements of plans and objectives of Management or the Board of Directors, and (c) statements of assumptions, such as economic conditions in the Corporation’s market areas. Such forward-looking statements can be identified by the use of forward-looking terminology such as “believes”, “expects”, “may”, “intends”, “will”, “should”, “anticipates”, or the negative of any of the foregoing or other variations thereon or comparable terminology, or by discussion of strategy. Forward-looking statements are subject to certain risks and uncertainties such as national, regional and local economic conditions, competitive factors, and regulatory limitations. Actual results may differ materially from those projected in the forward-looking statements. Such risks, uncertainties, and other factors that could cause actual results and experience to differ from those projected include, but are not limited to, the following: short-term and long-term effects of inflation and rising costs on the Corporation, customers and economy; effects of governmental and fiscal policies, as well as legislative and regulatory changes; effects of new laws and regulations (including laws and regulations concerning taxes, banking, securities and insurance) and their application with which the Corporation and its subsidiaries must comply; impacts of the capital and liquidity requirements of the Basel III standards; effects of changes in accounting policies and practices, as may be adopted by the regulatory agencies, as well as the Financial Accounting Standards Board and other accounting standard setters; ineffectiveness of the business strategy due to changes in current or future market conditions; future actions or inactions of the United States government, including the effects of short-term and long-term federal budget and tax negotiations and a failure to increase the government debt limit or a prolonged shutdown of the federal government; effects of economic conditions particularly with regard to the negative impact of any pandemic, epidemic or health-related crisis and the responses thereto on the operations of the Corporation and current customers, specifically the effect of the economy on loan customers’ ability to repay loans; effects of competition, and of changes in laws and regulations on competition, including industry consolidation and development of competing financial products and services; inflation, securities market and monetary fluctuations; risks of changes in interest rates on the level and composition of deposits, loan demand, and the values of loan collateral, securities, and interest rate protection agreements, as well as interest rate risks; difficulties in acquisitions and integrating and operating acquired business operations, including information technology difficulties; challenges in establishing and maintaining operations in new markets; effects of technology changes; effects of general economic conditions and more specifically in the Corporation’s market areas; failure of assumptions underlying the establishment of reserves for loan losses and estimations of values of collateral and various financial assets and liabilities; acts of war or terrorism or geopolitical instability; disruption of credit and equity markets; ability to manage current levels of impaired assets; loss of certain key officers; ability to maintain the value and image of the Corporation’s brand and protect the Corporation’s intellectual property rights; continued relationships with major customers; and, potential impacts to the Corporation from continually evolving cybersecurity and other technological risks and attacks, including additional costs, reputational damage, regulatory penalties, and financial losses. We caution readers not to place undue reliance on these forward-looking statements. They only reflect Management’s analysis as of this date. The Corporation does not revise or update these forward-looking statements to reflect events or changed circumstances. Please carefully review the risk factors described in other documents the Corporation files from time to time with the SEC, including the Annual Reports on Form 10-K and Quarterly Reports on Form 10-Q. Please also carefully review any Current Reports on Form 8-K filed by the Corporation with the SEC.

    ACNB #2025-3

    Contact: Kevin J. Hayes
    SVP/General Counsel,
    Secretary & Chief
    Governance Officer
    717.339.5161
    khayes@acnb.com

    The MIL Network –

  • MIL-OSI: From Expertise to Efficiency: How Law Practice AI Bridge Human Insight and AI Speed

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, Jan. 29, 2025 (GLOBE NEWSWIRE) — Law Practice AI continues to revolutionize the legal field with its groundbreaking product, Demands AI, a tool that combines the best of human expertise with the unparalleled processing speed of artificial intelligence. Designed specifically for personal injury attorneys, AI Demands automates the creation of demand letters while maintaining the accuracy, empathy, and precision that clients expect.

    In an age when every second counts and the competition is high, AI Demands enables lawyers to achieve better results while upholding their professional integrity.

    Bridging Human Insight and AI Power

    The process of drafting demand letters has long been a time-consuming and labor-intensive task. AI Demands addresses this challenge by integrating advanced machine learning algorithms with templates and logic informed by experienced legal professionals.

    “AI should enhance human capabilities, not replace them,” said Hamid Kohan, CEO of Law Practice AI. “With Demands AI, we’re blending the speed and efficiency of technology with the nuanced understanding that only seasoned attorneys can bring. This balance ensures that every demand letter meets the highest standards of quality and effectiveness.”

    Balancing Innovation with Responsibility

    Law Practice AI is committed to bridging the gap between innovation and professional responsibility. Through tools like Demands AI and Doc Reader AI, the company enables professionals to achieve better results without compromising their ethical standards or quality of service:

    • Demands AI automates personal injury demand letter drafting, ensuring precision and compliance while saving valuable time.
    • Doc Reader AI simplifies document review and analysis, extracting key details from legal and medical files, and highlighting information critical to decision-making.

    Key Features of Demands

    1. Comprehensive Automation:
      • Generate demand letters tailored to a variety of personal injury cases, including motor vehicle accidents, slip-and-fall incidents, and dog bites.
    2. Accuracy and Compliance:
      • Ensure legal statutes and case details are incorporated seamlessly, reducing the risk of errors or omissions.
    3. Customizable Outputs:
      • Adjust templates and add personalized details to maintain the unique voice of each attorney or firm.
    4. Speed Without Compromise:
      • Produce polished demand letters in minutes, freeing up valuable time for client advocacy and case strategy.

    Combining Vision and Responsibility

    As the legal industry increasingly embraces technology, Law Practice AI stands out for its commitment to ethical AI adoption. Demands is not just a tool—it’s a solution designed to complement the skills and judgment of legal professionals.

    Kohan added: “We’re committed to ensuring that every product we create respects the expertise of our users. Practice AI is not about replacing attorneys; it’s about helping them deliver their best work more efficiently.”

    Why Demands Matters

    In an environment where accuracy and timeliness can make or break a case, Demands offers a competitive edge. By minimizing manual labor and reducing the risk of errors, the tool allows attorneys to achieve better outcomes for their clients while staying ahead of the curve in a rapidly evolving industry.

    Experience Demands AI Today

    Law Practice AI invites personal injury attorneys to experience the transformative power of Demands.

    How to Get Started

    1. Visit the Platform: Head to mylawfirm.ai to sign up—NO CREDIT CARD REQUIRED.
    2. Create Your Account: Create a user and your organization by following the steps.
    3. Access the Trial: Enjoy the benefits of the trial mode by generating your first demand at no extra fees.
    4. Subscribe: By adding your credit card, you can subscribe to Demands and generate your demand letters. We offer a transparent pricing structure.

    This simple process ensures that attorneys can quickly integrate Demands into their practices.

    About Law Practice AI

    Law Practice AI leads the way in developing AI-powered solutions tailored for legal and medical professionals. With products like Demands AI and Doc Reader AI, the company focuses on streamlining workflows, enhancing accuracy, and delivering secure, compliant tools that improve outcomes for professionals and their clients.

    For more information about Law Practice AI’s tools, visit Law Practice AI or contact us below.

    For media inquiries, please contact:
    Law Practice AI
    Address: 21731 Ventura Blvd. #175, Woodland Hills, CA 91364
    Phone: (424) 476-5858
    Email: sales@mylawfirm.ai

    Visit us on social media:
    Facebook | Instagram | LinkedIn | YouTube | X.com

    The MIL Network –

  • MIL-OSI: Banco Itaú Chile Schedules Fourth Quarter 2024 Financial Results, Conference Call and Webcast

    Source: GlobeNewswire (MIL-OSI)

    SANTIAGO, Chile, Jan. 29, 2025 (GLOBE NEWSWIRE) — BANCO ITAÚ CHILE (SSE: ITAUCL) announced today that it will release its results for the fourth quarter ended December 31, 2024, before the market opens in Santiago, on February 28, 2025.

    On Monday, March 3, 2025, at 11:00 A.M. Santiago time (9:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by André Gailey, CEO; Claudia Labbé Montevecchi, Head of IR and Chief Sustainability Officer; and Matías Valenzuela Barrenechea, Head of FP&A, Capital and IR.

    Conference Call Details:

    Online registration: https://registrations.events/direct/Q4I6136278

    All participants must pre-register using this link to join the conference call. Upon registering, each participant will be provided with details to connect to the call and a registrant ID.

    Webcast:

    The webcast will be available through the following link:

    https://events.q4inc.com/attendee/846439085

    Participants in the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. Following the event, the event will be available in the same link.

    Telephone and Virtual Q&A session:

    The Q&A session will be available for participants connected through the conference call and through the webcast, where attendees will be allowed to type in their questions – we will read and answer selected questions verbally.

    Investor Relations – Itaú Chile

    IR@itau.cl / ir.itau.cl

    The MIL Network –

  • MIL-OSI: UPDATE – United Kingdom Investment Trusts

    Source: GlobeNewswire (MIL-OSI)

    GREENWICH, Conn., Jan. 29, 2025 (GLOBE NEWSWIRE) — Closed-End – David Schachter, Senior Vice President of Gabelli Funds, will travel to the United Kingdom to visit selected investment trusts.

    With over 40 years of experience exclusively with retail, long term, closed-end fund investors, Mr. Schachter, a most senior and experienced veteran of the U.S. Closed-End Fund industry, is also Vice President of The GAMCO Natural Resources, Gold & Income Trust (GNT), which trades on the NYSE.

    During the 19th century, capital was raised through closed-end funds. These funds helped build the railroads, which linked the American continent from sea to sea and led to the nation’s economic success.

    Today, in the early 21st century, closed-end funds are being threatened for elimination by hedged activists for short-term and short-sighted value extraction.

    “Closed-end funds are a metaphor for long-term, patient capital, but they also represent freedom for investors who, in a sector where mass redemptions could force portfolio managers to sell, is an essential ability to those who may not want to be herded into selling.”

    Mr. Schachter plans to visit the Gabelli office as well as the Association of Investment Companies (AIC) and speak with interested U.K. investors.

    Financial professionals and investors are invited to contact Mr. Schachter directly at (914) 921-5057.

    Gabelli Funds, LLC is the adviser to thirteen closed-end funds which trade on the NYSE: Gabelli Equity Trust (GAB), Gabelli Convertible & Income Securities Fund (GCV), Gabelli Multimedia Trust (GGT), Gabelli Utility Trust (GUT), Gabelli Dividend & Income Trust (GDV), Gabelli Global Utility & Income Trust (GLU), GAMCO Global Gold Natural Resources & Income Trust (GGN), The GDL Fund (GDL), Gabelli Healthcare & WellnessRX Trust (GRX), GAMCO Natural Resources, Gold & Income Trust (GNT), Gabelli Global Small and Mid-Cap Value Trust (GGZ), Bancroft Fund (BCV) and Ellsworth Growth & Income Fund (ECF). As of December 31, 2024, the thirteen Gabelli closed-end funds had total assets of $7.3 billion.

    Investors should carefully consider the investment objectives, risks, charges, and expenses of a Fund before investing. For more information regarding the Funds, call:

    David Schachter
    (914) 921-5057
    dschachter@gabelli.com

    A Fund’s NAV per share will fluctuate with changes in the market value of the Fund’s portfolio securities. Stocks are subject to market, economic, and business risks that cause their prices to fluctuate. Investors acquire shares of the Fund on a securities exchange at market value, which fluctuates according to the dynamics of supply and demand. When Fund shares are sold, they may be worth more or less than their original cost. Consequently, you can lose money by investing in a Fund.

    The MIL Network –

  • MIL-OSI: Dundee Corporation Announces Acquisition of Shares of Odyssey Resources Limited

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, Jan. 29, 2025 (GLOBE NEWSWIRE) — In accordance with regulatory requirements, Dundee Corporation (TSX: DC.A) (“Dundee”) announces that its wholly owned subsidiary, Dundee Resources Limited, has acquired 2,000,000 common shares of Odyssey Resources Limited (the “Issuer”) at the price of C$0.05 per share for aggregate consideration of C$100,000 pursuant to a non-brokered private placement.

    Immediately prior to the acquisition of securities described in this news release, Dundee and its affiliates owned 11,366,136 common shares of the Issuer representing an approximate 31.37% interest in the Issuer on an undiluted basis. Immediately following the transaction that triggered the requirement to file this news release, Dundee and its affiliates own or control an aggregate of 13,366,136 common shares representing an approximate 34.96% interest in the Issuer on an undiluted basis.

    Dundee acquired the securities of the Issuer for investment purposes only. Dundee intends to review, on a continuous basis, various factors related to its investment, including (but not limited to) the price and availability of the securities of the Issuer, subsequent developments affecting the Issuer or its business, and the general market and economic conditions. Based upon these and other factors, Dundee may decide to purchase additional securities of the Issuer or may decide in the future to sell all or part of its investment.

    This news release is being issued in accordance with National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues in connection with the filing of an early warning report. The early warning report respecting the acquisition will be filed on the System for Electronic Document Analysis and Retrieval (“SEDAR”) at www.sedarplus.ca under the Issuer’s profile. To obtain a copy of the early warning report filed by Dundee, please contact:

    Dundee Corporation
    Legal Department
    80 Richmond Street West, Suite 2000
    Toronto, Ontario M5H 2A4
    Tel: (416) 365-5172

    ABOUT DUNDEE CORPORATION

    Dundee Corporation is a public Canadian independent holding company, listed on the Toronto Stock Exchange under the symbol “DC.A”. Through its operating subsidiaries, Dundee Corporation is an active investor focused on delivering long-term, sustainable value as a trusted partner in the mining sector with more than 30 years of experience making accretive mining investments.

    FOR FURTHER INFORMATION PLEASE CONTACT:

    Investor and Media Relations
    T: (416) 864-3584
    E: ir@dundeecorporation.com

    The MIL Network –