ASHLAND, Ky. – A Flatwoods, Ky., man, Geoffrey Potts, 25, was sentenced on Monday by Chief U.S. District Judge David Bunning to 114 months in prison, for receiving child pornography.
According to his plea agreement, in March 2024, law enforcement received information that a user was downloading child pornography, and linked the user’s IP address with Potts’ residence. Law enforcement searched Potts’ cellphone and found numerous images and videos of minors engaged in sexually explicit conduct that had been downloaded via the internet. In total, over 219 images and 45 videos of minors engaged in sexually explicit conduct were located on Potts’ cellphone.
Under federal law, Potts must serve 85 percent of his prison sentence. Upon his release from prison, he will be under the supervision of the U.S. Probation Office for 15 years.
Paul McCaffrey, Acting United States Attorney for the Eastern District of Kentucky; Olivia Olson, Acting Special Agent in Charge, FBI, Louisville Field Division; Col. Phillip J. Burnett, Jr., Commissioner of the Kentucky State Police; and W. Todd Kelley, Chief of the Ashland Police Department, jointly announced the sentence.
The investigation was conducted by the FBI, KSP, and Ashland Police Department. Assistant U.S. Attorney Erin Roth is prosecuting the case on behalf of the United States.
The U.S. Attorney’s Office prosecuted this case as part of Project Safe Childhood, a nationwide initiative launched in 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the Internet as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov.
ALEXANDRIA, La. – Acting United States Attorney Alexander C. Van Hook announced that Jon Scot Taylor, 69, of Portland, Oregon, has been sentenced for distribution of child pornography. Taylor was sentenced by United States District Judge Dee D. Drell to 180 months (15 years) in prison, followed by 20 years of supervised release following his release from prison.
In August of 2023, agents with the Federal Bureau of Investigation (“FBI”) began communicating in an undercover capacity in an online chat forum with a user who was later determined to be Taylor. The agent was posing as a 13-year-old girl. Their conversations moved from the chat forum to text messaging. Throughout their conversations which continued through February 2024, Taylor asked the individual, who he believed was a 13-year-old girl, to send him sexually explicit images of herself. In the course of their communication, Taylor also sent the person he believed was a 13-year-old girl some child sexual abuse material (CSAM) that depicted other 12 or 13-year-old children.
At the guilty plea hearing, Taylor admitted to knowingly distributing visual depictions of sexually explicit conduct of minors engaging in sexually explicit conduct, and that these visual depictions were sent from him in the State of Oregon to the Western District of Louisiana using interstate or foreign commerce by means of the computer. Taylor pleaded guilty to three counts of distribution of child pornography.
The case was investigated by the FBI and prosecuted by Assistant United States Attorney LaDonte A. Murphy.
This case is part of Project Safe Childhood, a U.S. Department of Justice nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse. Led by U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood combines federal, state, and local resources to better locate, apprehend, and prosecute individuals who exploit children via the internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov.
To report an incident involving the possession, distribution, receipt or production of child pornography: Child sexual abuse material – referred to in legal terms as “child pornography” – captures the sexual abuse and exploitation of children. These images document victims’ exploitation and abuse, and they suffer revictimization every time the images are viewed. In 2023, the National Center for Missing & Exploited Children received 36 million reports of the possession, manufacture, or distribution of child sexual abuse materials. To file a report with NCMEC, go to https://report.cybertip.org or call 1-800-843-5678.
New York, NY, July 08, 2025 (GLOBE NEWSWIRE) — Amid growing interest in alternative methods for digital wealth creation, PFMCrypto proudly announces the official launch of its mobile cloud mining app, now available on iOS and Android. Built for accessibility, speed, and security, the app lets users participate in crypto mining directly from their smartphones—no rigs or technical expertise required. With support for BTC, DOGE, ETH, and XRP settlements, the app offers multiple paths to passive income through a clean, user-friendly interface. New users receive a $10 sign-up bonus, making it easier than ever to start mining from anywhere in the world.
Cloud Mining, Now in Your Pocket Crypto mining has long been limited to expensive hardware setups and complex software. PFMCrypto is redefining that experience with its mobile-first cloud mining platform. Users can activate contracts, track daily earnings, and withdraw in BTC, DOGE, ETH, or XRP—entirely from their phone. Whether commuting, relaxing, or traveling, the opportunity to earn digital rewards is now just a tap away.
By combining real-time mining with flexible withdrawal options, the app is ideal for both casual users and serious investors. All mining contracts are fully remote, AI-optimized, and protected with enterprise-grade encryption—ensuring both peace of mind and consistent earning potential.
Key Features of PFMCrypto’s Mobile Cloud Mining App: – Multi-Token Settlements: Withdraw earnings in BTC, DOGE, ETH, or XRP—choose the asset that suits your financial goals. – User-Friendly Interface: Designed for seamless mining management on any mobile device. – Instant Contract Activation: Start earning immediately—no hardware needed. – Real-Time Tracking: Monitor contract status, returns, and market performance in a single dashboard. – AI Optimization: Proprietary algorithms enhance mining efficiency, even during periods of low market volatility.
Mining Contracts Tailored for Every Lifestyle The PFMCrypto app offers a wide range of cloud mining contracts designed for different investment levels and durations. From short 1-day plans to 45-day strategies, users can select contracts that match their goals and risk preferences: $10 Contract – 1 Day – Earn $0.66 daily (Free with sign-up bonus) $100 Contract – 2 Days – Earn $3.00 daily + $2 extra reward $500 Contract – 5 Days – Earn $6.15 daily $5,000 Contract – 30 Days – Earn $78.50 daily $20,000 Contract – 45 Days – Earn $380.00 daily All contracts include daily payouts, optional reinvestment, and zero maintenance fees. The $10 bonus allows new users to begin earning instantly with no upfront investment.
What Sets PFMCrypto’s Mobile Mining App Apart? – 100% Remote Mining: All contracts run entirely on the cloud—no physical infrastructure, no technical setup. Simply log in, choose a plan, and start earning from anywhere. – Principal Guarantee: At the end of each contract, the original investment is returned in full—protecting your capital while maximizing daily earnings. – AI-Enhanced Performance: The platform utilizes proprietary AI to monitor market trends and optimize mining output across supported tokens. – Diversified Passive Income: With the option to receive earnings in 10 major cryptocurrencies, users can diversify their income and better manage risk.
Getting Started with PFMCrypto’s Mobile App 1. Create an Account – Receive a $10 bonus instantly and unlock beginner-friendly contracts. 2. Choose a Plan – Select a short- or long-term mining contract with daily payouts. 3. Start Earning – Watch your crypto earnings grow and withdraw in your preferred token.
Mining Freedom for a Multi-Coin Future Since 2018, PFMCrypto has helped users worldwide generate steady crypto income without technical barriers. With this mobile app launch, the company takes another step toward democratizing access, making mining smarter, more flexible, and more rewarding.
“With multi-coin support and true mobile freedom, this app delivers the future of mining directly into users’ hands,” said a PFMCrypto spokesperson. “We’ve combined performance, simplicity, and choice—so anyone can earn from the crypto economy, anytime.”
Digital markets may fluctuate, but passive income doesn’t have to. Download the PFMCrypto app today and start mining BTC, DOGE, ETH, or XRP with zero hassle.
TORONTO, July 08, 2025 (GLOBE NEWSWIRE) — Blockmate Ventures (OTCQB: MATEF | TSXV: MATE), based in Toronto, focused on venture building scalable Blockchain businesses, today announced that Domenic Carosa, Founder & Chairman, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on July 10th, 2025.
DATE: July 10th TIME: 3:00 PM ET LINK:REGISTER HERE Available for 1×1 meetings: July 10th and July 15th
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
HVLO token sale and listing backed by Animoca Brands
Hivello backed by group of strategic blockchain investors in December 2024, led by Tony G
HVLO value growth drivers through airdrop rewards, Buy & Burn initiative and fiat pairings
Blockmate Mining launched as a new subsidiary at a low-cost facility in Wyoming with capacity for 200 BTC production per month and integrated mine-and-hold strategy
The Wyoming site offers an electricity cost of just 3.3 cents per kilowatt-hour, among the most competitive rates in North America
About Blockmate
Blockmate Ventures (TSX.V: MATE) is a Blockchain & Web3 venture builder investing in and operating scalable blockchain, mining, and digital infrastructure companies. From decentralized computing with Hivello to Blockmate Mining, the Company’s portfolio provides investors with diversified exposure to emerging sectors within Web3 and beyond.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Source: People’s Republic of China – State Council News
China supports UN’s central role in global governance in AI, polar regions — Premier Li
RIO DE JANEIRO, July 8 — China supports the United Nations as the main channel in addressing the governance gaps in emerging areas such as artificial intelligence, cyberspace, the polar regions and outer space, Chinese Premier Li Qiang said on Tuesday.
Li made the remarks when meeting with UN Secretary-General Antonio Guterres on the sidelines of the 17th BRICS Summit.
COLUMBUS, Ohio – Dennis Stopar, 65, of Flushing, Ohio, was sentenced in U.S. District Court today to 720 months in prison for sexually exploiting minors and possessing child pornography.
According to court documents, between 2022 and 2023, Stopar sexually assaulted at least nine minor victims, both male and female, and created hundreds of videos and images of the horrific abuse. At the time of the sexual assaults, most of the minor victims were in foster care of a family member of Stopar.
In December 2023, while investigating a CyberTip to the National Center for Missing and Exploited Children (NCMEC) regarding child pornography being uploaded to a Dropbox account at an address in Belmont County, law enforcement encountered Stopar. Further investigation revealed Stopar, a convicted sex offender, possessed child pornography he had created of one of the minor victims on his phone. Stopar was arrested and his electronic devices were subsequently processed via a federal search warrant, and he was charged federally in April 2024.
Forensic examinations on his devices revealed Stopar had filmed the sexual assaults of at least seven of the minor victims he had access to. Approximately 160 images and 12 videos of the identified victims being sexually assaulted by Stopar were recovered.
Stopar’s prior sex offense is a rape conviction for sexually abusing a victim beginning when the victim was approximately 6 years old until the victim was 16 years old.
The defendant pleaded guilty in this case in December 2024.
Kelly A. Norris, Acting United States Attorney for the Southern District of Ohio; Elena Iatarola, Special Agent in Charge, Federal Bureau of Investigation (FBI), Cincinnati Division; and Belmont County Sheriff James G. Zusack announced the sentence imposed today by U.S. District Judge Michael H. Watson. Assistant United States Attorneys Emily Czerniejewski and Jennifer M. Rausch are representing the United States in this case.
COLUMBUS, Ohio – Dennis Stopar, 65, of Flushing, Ohio, was sentenced in U.S. District Court today to 720 months in prison for sexually exploiting minors and possessing child pornography.
According to court documents, between 2022 and 2023, Stopar sexually assaulted at least nine minor victims, both male and female, and created hundreds of videos and images of the horrific abuse. At the time of the sexual assaults, most of the minor victims were in foster care of a family member of Stopar.
In December 2023, while investigating a CyberTip to the National Center for Missing and Exploited Children (NCMEC) regarding child pornography being uploaded to a Dropbox account at an address in Belmont County, law enforcement encountered Stopar. Further investigation revealed Stopar, a convicted sex offender, possessed child pornography he had created of one of the minor victims on his phone. Stopar was arrested and his electronic devices were subsequently processed via a federal search warrant, and he was charged federally in April 2024.
Forensic examinations on his devices revealed Stopar had filmed the sexual assaults of at least seven of the minor victims he had access to. Approximately 160 images and 12 videos of the identified victims being sexually assaulted by Stopar were recovered.
Stopar’s prior sex offense is a rape conviction for sexually abusing a victim beginning when the victim was approximately 6 years old until the victim was 16 years old.
The defendant pleaded guilty in this case in December 2024.
Kelly A. Norris, Acting United States Attorney for the Southern District of Ohio; Elena Iatarola, Special Agent in Charge, Federal Bureau of Investigation (FBI), Cincinnati Division; and Belmont County Sheriff James G. Zusack announced the sentence imposed today by U.S. District Judge Michael H. Watson. Assistant United States Attorneys Emily Czerniejewski and Jennifer M. Rausch are representing the United States in this case.
PITTSBURGH, July 08, 2025 (GLOBE NEWSWIRE) — TrueCommerce, a global provider of supply chain and trading partner connectivity, integration and omnichannel solutions, today announced Bill Glass as Chief Executive Officer (CEO). This leadership transition signals a new chapter for the company, one focused on accelerating innovation and doubling down on its long-standing commitment to customer experience and operational excellence.
Glass steps into the role with a proven track record of leading high-growth, private equity-backed SaaS companies such as Bazaarvoice and Accruent. He joined TrueCommerce in 2022 as Chief Sales Officer, where he played a key role in shaping the company’s go-to-market strategy and building momentum across global sales efforts. Prior to that, he served as SVP of Global Sales at insightsoftware, where he helped lead the growth of over 5X in revenue both organically and across 18 acquisitions in North America, EMEA and APAC, while also building a scalable, high-velocity global sales organization.
“I’m honored to lead TrueCommerce into this next phase,” said Glass. “We have a tremendous foundation to build on, and now we’re sharpening our focus around three core pillars: innovation, customer experience, and operational excellence. These will guide every decision we make as we scale the business, deepen our customer partnerships, and lead the market in supply chain connectivity solutions.”
Supporting this strategic evolution, the company also announced Ray Greer as Chairman of the Board. Greer brings more than 35 years of leadership experience in the supply chain, transportation, and logistics sectors. He currently serves as an Operating Partner Consultant at Welsh, Carson, Anderson & Stowe, the private equity partner of TrueCommerce. Additionally, Kimberly Williams, CEO of Absorb LMS Software, joins the board, bringing three decades of executive experience across the technology sector.
“This is an exciting inflection point for TrueCommerce,” said Greer. “With Bill at the helm and a clear strategic focus, the company is well-positioned to lead the industry through its next wave of growth. The board is fully aligned and confident in the leadership team’s ability to drive value, both for customers and stakeholders.”
Glass succeeds Randy Curran, who recently retired from the CEO role. “We thank Randy for his leadership and the pivotal role he played over the past three years at TrueCommerce,” said Glass. “His focus on operations and organizational alignment has laid a strong foundation for our continued evolution and long-term success.”
Connect with TrueCommerce
About TrueCommerce
At TrueCommerce, we empower businesses to improve their supply chain performance and drive better business outcomes. Through a single connection to our high-performance global supply chain network, businesses receive more than just EDI, they get access to a fully integrated network that connects their customers, suppliers, logistics partners and internal systems. Our cloud-based, fully managed services help businesses achieve end-to-end supply chain management, streamlined delivery, and simplified operations. With 25+ years of expertise and trusted partnership, TrueCommerce helps businesses reach their true supply chain potential today while preparing them for the future with our integration-agnostic network. That’s why thousands of companies—from SMBs to the global Fortune 100, across various industries—rely on us. To learn more, visit https://www.truecommerce.com.
TrueCommerce is a trademark of True Commerce, Inc. All other trademarks are property of their respective owners.
About Welsh, Carson, Anderson & Stowe
WCAS is a leading U.S. private equity firm focused on two target industries: healthcare and technology. Since its founding in 1979, the firm’s strategy has been to partner with outstanding management teams and build value for its investors through a combination of operational improvements, growth initiatives, and strategic acquisitions. The firm has raised and managed funds totaling over $27 billion of committed capital. For more information, please visit WCAS.
Source: International Organization for Migration (IOM)
Geneva/Copenhagen, 8 July 2025–The International Organization for Migration (IOM) has partnered with the Novo Nordisk Foundation, a Danish enterprise foundation focused on health, to integrate Artificial Intelligence (AI) into IOM’s radiology services for people on the move.
New York, July 08, 2025 (GLOBE NEWSWIRE) — PaladinMining Cloud Mining, a global provider of digital asset infrastructure, has officially launched its new automated cloud mining platform, designed to eliminate the need for hardware, technical expertise, or on-site setup. The platform offers users across more than 100 countries a streamlined entry into the crypto mining ecosystem—built for accessibility, transparency, and sustainability.
The launch comes as growing global interest in digital assets coincides with increasing demand for energy-efficient, hands-free mining solutions. PaladinMining’s new platform delivers a solution that allows individuals to lease computing power and remotely participate in mining Bitcoin and other cryptocurrencies without needing to manage mining hardware themselves.
“We created PaladinMining to lower the barriers to entry in crypto mining,” said John Alexander, Chairman and CEO of PaladinMining. “As digital currencies continue to evolve as long-term strategic assets, we aim to provide an intuitive and environmentally responsible way for users to engage in mining, regardless of experience level.”
How to quickly start the PaladinMining cloud mining journey?
1. Register an account and get a $15 immediately 2. Choose a personalized computing power contract Whether you are a novice or an experienced investor, PaladinMining offers a variety of computing power contracts. You can choose the most suitable plan for you according to your budget and profit goals to maximize every penny. Stable income contract:
⦁【New User Experience Contract】: Investment amount: $100, total net profit: $100 + $7 ⦁【ETC Miner E9 Pro】: Investment amount: $1,500, total net profit: $1,500 + $180. ⦁【Bitcoin Miner S21 Pro】: Investment amount: $4,300, total net profit: $4,300 + $1,100.8. ⦁【Bitcoin Miner S21 XP】: Investment amount: $7,900, total net profit: $7,900 + $3,128.4. ⦁【Bitcoin Miner S21 XP】: Investment amount: $12,000, total net profit: $12,000 + $7,560. ⦁【Avalon Air Box – 40 feet】: Investment amount: $28,000, total net profit: $28,000 + $22,400.
Key Features of the PaladinMining Platform:
Fully Automated Mining: No technical setup required. Users simply register and select from available cloud mining plans.
Multi-Currency Support: Compatible with a wide range of assets including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Dogecoin (DOGE), XRP, USDT, and more.
Web & Mobile Access: An intuitive user interface designed for both new and experienced users.
Green Mining Technology: PaladinMining is committed to carbon-neutral mining, operating global data centers powered by renewable energy.
Global Reach: The platform supports users across multiple regions with around-the-clock uptime and multilingual support.
PaladinMining’s cloud infrastructure is deployed through high-performance data centers across key international locations. The company has prioritized energy sustainability through its integration of renewable energy sources—part of its broader mission to align blockchain technology with environmentally responsible practices.
Driving the Next Generation of Crypto Infrastructure
The PaladinMining launch aligns with broader trends in the digital asset space, where decentralization, automation, and clean technology are reshaping how users engage with financial systems. By removing traditional mining complexities, PaladinMining offers a low-friction alternative for those looking to explore blockchain participation.
About PaladinMining
PaladinMining is a global cloud mining platform committed to providing accessible, secure, and environmentally responsible solutions for cryptocurrency mining. The company leverages intelligent automation, green energy infrastructure, and a user-first approach to help individuals worldwide engage in digital asset production with ease.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
IRVINE, CA., July 08, 2025 (GLOBE NEWSWIRE) — Clean Energy Technologies, Inc. (Nasdaq: CETY) (the “Company” or “CETY”), a clean energy technology company offering power generation, waste to energy, battery storage, and heat to power solutions to deliver affordable, scalable, and eco-friendly energy, clean fuels, and alternative electricity for a sustainable future, is pleased to announce that its technologies should remain fully eligible for federal clean energy tax incentives following the passage of the One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025.
Under the new legislation, projects utilizing CETY’s waste heat-to-power, biomass combined heat and power (CHP), and battery storage technologies should continue to qualify for the most Investment Tax Credits (ITC) and Production Tax Credits (PTC) established by the Inflation Reduction Act—up to 30% ITC or 1.5 cents per kilowatt-hour PTC—provided they meet updated requirements for zero greenhouse gas emissions, prevailing wage and apprenticeship standards.
“This legislation reinforces our competitive edge, said Kam Mahdi, CEO of CETY. “Unlike solar, wind, EV, or hydrogen projects, many of which face new limitations, our technologies remain fully supported. This positions CETY as a premier opportunity for shareholders seeking exposure to resilient, profitable clean energy solutions.”
The OBBBA retains incentives for technologies like CETY’s when:
Projects began construction by December 31, 2024, qualifying them under existing IRA-era credits.
New projects meet stricter requirements under Section 45Y (Clean Electricity Production Credit) and Section 48E (Clean Electricity Investment Credit), including:
Demonstrated zero or net-negative lifecycle greenhouse gas emissions
Compliance with prevailing wage and apprenticeship guidelines
Use of U.S.-sourced components to satisfy domestic content rules
No participation by prohibited foreign entities of concern
The updated tax credits will gradually phase down starting in 2033 and sunset by the end of 2035, creating a limited window for investors and developers to capitalize on these incentives.
“As the energy landscape shifts, our waste heat recovery, biomass CHP, power generation, and battery storage solutions are essential for industrial and commercial facilities aiming to cut emissions and operating costs,” Kam Mahdi added. “Whether it’s converting agricultural or forestry waste into clean energy through biomass systems, capturing waste heat from industrial processes to generate power, tapping geothermal resources for sustainable electricity, or providing reliable power and storage for high-demand applications like data centers and crypto mining operations, CETY stands ready to deliver cutting-edge technologies that meet—and exceed—the federal government’s latest standards. CETY also anticipates curing Nasadq price deficiency by Novenmber 3rd , 2025.”
About Clean Energy Technologies, Inc. (CETY)
Headquartered in Irvine, California, Clean Energy Technologies, Inc. (CETY) is a rising leader in the zero-emission revolution by offering eco-friendly green energy solutions, clean energy fuels and alternative electric power for small and mid-sized projects in North America, Europe, and Asia. We deliver power from heat and biomass with zero emission and low cost. Our principal products are Waste Heat Recovery Solutions using our patented Clean CycleTM generator to create electricity. Waste to Energy Solutions convert waste products created in manufacturing, agriculture, wastewater treatment plants and other industries to electricity and BioChar. Engineering, Consulting and Project Management Solutions provide expertise and experience in developing clean energy projects for municipal and industrial customers and Engineering, Procurement and Construction (EPC) companies.
CETY’s common stock is currently traded on the Nasdaq Capital Market under the symbol “CETY.” For more information, visit www.cetyinc.com.
This summary should be read in conjunction with our annual report on Form 10-K for the year ending December 31, 2024, and our other periodic filings made with the Securities and Exchange Commission, which contain, among other matters, risk factors and financial footnotes as well as a discussions of our business, operations and financial matters, which filings can be located on the website of the Securities and Exchange Commission at www.sec.gov.
Safe Harbor Statement
This news release may include forward-looking statements within the meaning of section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended, with respect to achieving corporate objectives, developing additional project interests, the Company’s analysis of opportunities in the acquisition and development of various project interests and certain other matters. These statements are made under the “Safe Harbor” provisions of the United States Private Securities Litigation Reform Act of 1995 and involve risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements contained herein. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of CETY’s business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of the Company’s control. Therefore, you should not rely on any of these forward-looking statements. Forward-looking statements can be identified by words such as: “anticipate,” “plan,” “expect,” “estimate,” “strategy,” “future,” “likely,” “may,” “should,” “will” and similar references to future periods. Any forward-looking statement made by the Company in this press release is based only on information currently available to us and speaks only as of the date on which it is made. The Company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.
Source: State University “Higher School of Economics” –
An important disclaimer is at the bottom of this article.
The International Summer Institute on Artificial Intelligence in Education Research, organized by Institute of Education HSE University together with East China Normal University (ECNU). It was attended by over 50 participants and key speakers from more than ten countries in Asia, Europe, North and South America. They discussed the use of AI technologies in education and other areas.
Opening the program, Professor Meng Yu and Vice Dean of the School of Computer Science at East China Normal University Xu Fei emphasized that the rapid development of AI technologies requires international cooperation and interdisciplinary research. “We are pleased to join forces with the Institute of Education at the Higher School of Economics and are confident that the week in Shanghai will become a starting point for long-term joint projects,” said Meng Yu and Xu Fei.
Director of the Institute of Education Evgeny Terentyev recalled that research alliances between Russian and Chinese universities are acquiring strategic importance and opening up new horizons for cooperation. He also presented the results of one of the latest studies by InoBra — a typology of Russian universities’ reactions to generative AI: from ban to active implementation. The analysis showed that most universities are still in the grey zone, not formalizing the rules for using new technologies.
In his speech, HSE Academic Director Yaroslav Kuzminov outlined five areas in which AI is already transforming higher education. First, this is the need to change educational practices and educational routines. Second, the new role of human cognitive skills. Third, the possibility of overcoming educational failure by establishing a mechanism for personalized feedback. In addition, these are new learning formats (including gaming). The fifth area is new mechanisms for integrating into the labor market, based on real skills, and not on the ability to perform routine operations.
He also emphasized possible areas of using AI for good, to strengthen a person. “Efficient (competent) implementation of AI in education, based on transparent rules, motivation of students to perform more complex tasks with the help of AI than without it, as well as personalized recommendations – all this together can reduce educational failure and release economic potential, creating equal opportunities for the formation of a competitive workforce and ensuring sustainable development. Therefore, let’s move towards the literacy of the future and AI literacy with the understanding that economic development without the AI factor is no longer possible, but regression in the case of careless, illiterate use is quite likely,” said Yaroslav Kuzminov.
This leitmotif was continued by Ekaterina Kruchinskaya, senior lecturer Department of Higher Mathematics HSE University. She spoke about the results of a survey of students from ten selective (top) universities in Russia. The survey showed that students most often use generative models to retell texts, analyze data, and program, but the time savings remain minimal due to the need to check the results. At the same time, the practices of use are still not organized, and students mainly use AI to relax more, but not to use the capabilities of generative models to perform more complex, creative tasks.
“The danger of using generative AI will be significantly reduced when these practices of its use become more institutionalized, and students are motivated not to imitate, but to improve their real results,” Ekaterina Kruchinskaya summed up.
The lecture was given by Okan Bulut, a professor at the University of Alberta (Canada), who spoke about the problems of using artificial intelligence in education. He highlighted the key challenges in assessing the use of AI and discussed how this technology can be used for the benefit of learning. Continuing the topic, Associate Professor Mick Funghi of the Education University of Hong Kong spoke about changing traditional ideas about computer-supported collaborative learning. He explained that if previously technologies were viewed only as a means for students to interact with each other, now AI tools themselves are becoming full-fledged participants in the process. Using the example of group work with text, Professor Funghi also highlighted the new risks of freeriding – cases when students use AI primarily to save time, rather than to deepen collaboration – and proposed a research agenda focusing on the behavior of individual participants.
The first day ended with academic “speed dating”: the participants exchanged ideas for their projects and outlined the tasks they would work on during the week in Shanghai. Ahead of them are a series of lectures, master classes and workshops on research methods. Following the work, each participant will present their research, taking into account the recommendations received during the summer institute from experts from the Institute of Education of the National Research University Higher School of Economics and the Higher Communist Party of Ukraine.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Source: United States Senator for Massachusetts – Elizabeth Warren
July 08, 2025
This bill would extend the Army’s right to repair policy to all the services, standing up for taxpayers and service members.
Bill Text (PDF) | Bill One-Pager (PDF)
Washington, D.C. – U.S. Senators Elizabeth Warren (D-Mass.) and Tim Sheehy (R-Mont.) introduced the Warrior Right to Repair Act of 2025, legislation that would require contractors to provide the Department of Defense (DoD) with access to technical data and materials the military needs to repair and maintain its own equipment.
The DoD has long relied on defense contractors to provide the U.S. military with a wide range of equipment. Contractors often set out terms for this equipment, from its cost to the necessary design requirements. Many of these contracts contain provisions that restrict DoD’s ability to conduct repairs, including provisions that limit the sharing of intellectual property and technical data with DoD, which leaves service members unable to repair their own equipment and waiting weeks or months for a contractor to perform repairs that service members could do themselves.
These restrictions have concerning implications for service members’ skills, sustainment costs, and readiness. Restricting service members from repairing their equipment often leads to higher sustainment costs and increases the risk of DoD being overcharged. The Navy was forced to fly contractors to ships at sea to perform simple fixes, Marines in Japan had to send engines back to the United States for repairs instead of fixing them on-site, and one contractor charged $900 a page for upgrades to its maintenance manuals for an Air Force aircraft used to provide air support to troops in battle.
Last month, Secretary of the Army Daniel Driscoll announced that the Army will ensure right to repair provisions are included in future Army contracts and will identify and propose contract modifications for right to repair provisions in current contracts. The Warrior Right to Repair Act of 2025 would extend the Army’s right to repair policy to all the services, standing up for taxpayers and service members.
“It’s common sense for members of our military to be able to fix their own weapons,” said Senator Warren. “Senator Sheehy and I are fighting to improve military readiness and save taxpayers billions. It’s about time we stood up to Pentagon contractors that are squeezing every last cent from us at the expense of our national security.”
“For decades, American service members have been forced to rely on a broken status quo to repair equipment on the battlefield, threatening our readiness and costing taxpayers billions,” said Senator Tim Sheehy. “Our warfighters – and the American public – deserve better, and I’m proud to lead this bipartisan legislation to streamline bloated bureaucracy, increase competition, and provide our warfighters with the quality and quantity of equipment they need to win the next fight.”
In May 2025, Senators Warren and Sheehy published a Fox News op-ed that underscored how right to repair restrictions imposed by defense contractors hurt the military’s ability to respond to threats and bloat the national defense budget by blocking service members from repairing weapons and equipment.
Specifically, the Warrior Right to Repair Act would:
Ensure contractors provide DoD with “fair and reasonable” access to repair materials, including parts, tools, and information, by ensuring DoD’s procurement contracts guarantee access, on fair and reasonable terms, to materials needed for service members to repair equipment and for services to compete for sustainment contracts.
Define “fair and reasonable access” as providing similar terms, conditions, and prices as those the contractor makes available to the authorized repair providers to allow for an even playing field.
Incorporate right to repair in current contracts by initiating a review to determine the contract modifications needed to remove repair restrictions that currently limit DoD’s ability to maintain and repair systems effectively and efficiently.
The legislation is endorsed by the Project On Government Oversight (POGO) and the U.S. Public Interest Research Groups (PIRG).
“This bill will strengthen America’s military readiness and cut wasteful spending by giving our service members the tools and authority to repair their own equipment,” said Dylan Hedtler-Gaudette, the interim Vice President for Policy and Government Affairs at the Project On Government Oversight. “When their essential equipment breaks down, our troops shouldn’t be forced to wait for a contractor to fix it at taxpayers’ expense. By ensuring the right-to-repair, this bill is a win for both national security and fiscal responsibility.”
Senator Warren has been a leader on right to repair in the military:
In June 2025, at a hearing of the Senate Armed Services Committee, Navy Secretary John Phelan told Senator Elizabeth Warren that he is a “huge supporter of right to repair” and expressed support for a bill guaranteeing the military can repair its own equipment and requiring contractors to offer repair materials for a fair and reasonable price.
In May 2025, Senators Elizabeth Warren and Tim Sheehy called for every service of the military to follow the example set by Army Secretary Dan Driscoll and ensure the military has the right to repair the equipment it owns. The senators also announced a new bipartisan bill to make the right to repair policies permanent.
In May 2025, at a hearing of the Senate Armed Services Committee, Air Force Secretary Troy E. Meink said he agreed with Senator Elizabeth Warren and fully supported making the right to repair a strategic priority for the Air Force. He also agreed on the need to update the branch’s policies to include the right to repair in contracts service-wide and prevent defense contractors from price-gouging the military.
In May 2025, at a hearing of the Senate Armed Services Committee, Senator Elizabeth Warren uplifted how the right to repair can help the U.S. military and allied forces promote innovation and reduce costs.
In May 2025, Secretary of the Army Daniel P. Driscoll announced that the Army will ensure right to repair provisions are included in future Army contracts, after pressure from Senator Warren.
In April 2025, Senator Elizabeth Warren secured a commitment from Mr. Michael Cadenazzi, nominee to be the next Assistant Secretary of Defense for Industrial Base Policy, to support AI competition and innovation in defense contracting.
In March 2025, at a hearing of the Senate Armed Services Subcommittee on Readiness and Management Support, Senator Elizabeth Warren questioned General Randall Reed, Commander for Transportation Command, about the importance of the military’s ability to have the right to repair its own equipment.
In February 2025, at a hearing of the Senate Armed Services Committee, Senator Elizabeth Warren questioned Mr. John Phelan, the nominee to be Secretary of the Navy, about his views on ensuring the Navy’s right to repair its own equipment – one of Senator Warren’s priorities.
In January 2025, at a hearing of the Senate Armed Services Committee, a Palantir Executive agreed with Senator Elizabeth Warren that legal loopholes should not enable companies to price-gouge the military.
In January 2025, Senator Elizabeth Warren questioned Mr. Dan Driscoll, nominee for Secretary of the Army, about his views on enhancing the Army’s right to repair its own equipment and his commitments to address the revolving door between the Pentagon and contractors.
In December 2024, Senator Elizabeth Warren and Representative Marie Gluesenkamp Perez (D-Wash.) introduced the Servicemember Right-to-Repair Act to increase military readiness and cut costs by allowing servicemembers to repair their own equipment.
In September 2024, Senator Elizabeth Warren wrote to the Defense Department and to the defense contractor industry regarding the costly restrictions imposed on the Department of Defense that bar the military from repairing its own military equipment and instead force it to pay billions of dollars extra to military contractors.
In July 2024, Senator Elizabeth Warren included a provision in the Senate Fiscal Year 2025 NDAA that would require contractors to provide DoD with “fair and reasonable” access to repair materials with a bipartisan committee vote of 21-4.
Source: United States House of Representatives – Representative Mike Kelly (R-PA)
WASHINGTON, D.C. — Today, U.S. Representatives Mike Kelly (R-PA), Raul Ruiz, M.D. (D-CA), Mariannette Miller-Meeks, M.D. (R-IA), and Gwen Moore (D-WI) introduced the Treat and Reduce Obesity Act (TROA), bipartisan legislation to combat the obesity crisis in the United States by providing regular screenings.
The bill would also prevent diseases associated with obesity through expanded coverage of new health care specialists and chronic weight management medications for Medicare recipients.
“The Treat and Reduce Obesity Act takes a critical step toward improving patient costs and patient outcomes,”said Rep. Kelly.“This bipartisan legislation would allow seniors struggling with obesity to take a responsible, proactive approach to improve their health and live longer, more active lives. I look forward to working with the Trump administration and the team at CMS, including my friend Dr. Mehmet Oz, to make America healthy again!”
“Obesity is a complex, chronic disease and a growing public health crisis that costs our nation billions each year,”said Congressman Dr. Raul Ruiz.“As an emergency physician, I’ve treated countless patients suffering from diabetes, heart disease, and other serious complications linked to obesity. The bipartisan Treat and Reduce Obesity Act would give seniors struggling with obesity access to Medicare coverage for proven medications and behavioral therapies, empowering them to live healthier, longer lives.”
“As a physician and former director of the Iowa Department of Public Health, I have seen firsthand how obesity contributes to serious and preventable health conditions. The Treat and Reduce Obesity Act allows Medicare beneficiaries to access life-changing treatments, including behavioral therapy and FDA-approved medications. This bipartisan legislation improves health outcomes, lowers long-term costs, and helps Americans live longer and healthier lives,” said Dr. Miller-Meeks.
“Obesity poses a growing health risk to millions of Americans, especially older adults. TROA would support critical medical interventions that can help those struggling with obesity, improving the overall health and wellbeing of Medicare beneficiaries,” said Rep. Moore.
You can find the full bill text here.
Senator Bill Cassidy leads companion legislation in the U.S. Senate.
BACKGROUND
According to the Centers for Disease Control and Prevention, diseases associated with obesity such as heart disease, stroke, type II diabetes, and certain types of cancer are the leading causes of preventable death in the U.S. TROA would work to directly prevent these comorbidities.
The scientific understanding of obesity has evolved, recognizing it as a complex, chronic, and relapsing disease. Obesity is a public health crisis in the United States. The total economic and societal impact of obesity rose to $1.4 trillion in the United States in 2018, up from $976 billion in 2014.
A recent study found that Medicare beneficiaries with obesity and at least one other chronic illness could significantly reduce healthcare costs through weight management. Annual savings were estimated at up to 38% or nearly $10,000 in medical cost savings. Additionally, the USC Schaeffer Center found coverage of new obesity treatments could generate approximately $175 billion in cost offsets to Medicare in the first 10 years alone, increasing to $700 billion in 30 years. Coverage of medications to treat obesity will enhance human health and reduce federal healthcare costs by lowering the risks and prevalence of costly obesity-related chronic diseases.
The following organizations have endorsed TROA this Congress: Academy of Nutrition and Dietetics, American Academy of Pas, American Association of Clinical Endocrinologists, American College of Occupational and Environmental Medicine, American Diabetes Association, American Gastroenterological Association, American Medical Group Association, American Psychological Association, American Society for Metabolic & Bariatric Surgery, American Society for Nutrition, Association of Asian Pacific Community Health Organizations, Association of Diabetes Care and Education Specialists, Black Woman’s Health Imperative, Boehringer-Ingelheim, ConscienHealth, Currax, Diabetes Leadership Council, Diabetes Patient Advocacy Coalition, Eli Lilly and Company, Endocrine Society, Gerontological Society of America, Global Liver Institute, Healthcare Leadership Council, HealthyWomen, Intuitive Surgical, MedTech Coalition for Metabolic Health, National Alliance of Healthcare Purchaser Coalitions, National Consumers League, National Council on Aging, National Hispanic Medical Association, National Kidney Foundation, Novo Nordisk, Obesity Action Coalition, Obesity Medicine Association, Ro, Strategies to Overcome and Prevent (STOP) Obesity Alliance, The Obesity Society, Trust for America’s Health, WW Weight Watchers International, and YMCA of the USA.
NSF announces the list of teams that will advance to the next stage of its major initiative aiming to advance critical technologies and grow regional economies nationwide
The U.S. National Science Foundation Regional Innovation Engines (NSF Engines) program announced the 29 semifinalists advancing to the next stage of the second competition – spanning critical technologies and applications ranging from energy grid security to maximizing the yield of critical minerals mining to advanced optical sensors. The semifinalist teams, many of whom have been building their regional coalitions for a year or longer, are led by universities, nonprofits, private industry and other organizations from across the United States. View a map of the NSF Engines semifinalists.
Credit: U.S. National Science Foundation
A map showing the locations of the U.S. National Science Foundation Regional Innovation Engines (NSF Engines) program’s 29 finalists for 2025. Explore the map semifinalists in more detail.
“This outstanding cohort of semifinalists clearly demonstrates that America’s technology competitiveness will depend as much on expanding our ability to unlock innovation capacity in every part of our country — from the rural plains and western ranges to cities with rich industrial and manufacturing legacies — as it will on advancing the technologies themselves,” said Erwin Gianchandani, NSF assistant director for Technology, Innovation and Partnerships (NSF TIP). “Each team was selected because it brought strong public and private partners to the table and outlined a promising vision for research, innovation and workforce development in their respective regions of service, thereby advancing U.S competitiveness, national security and economic growth.”
The NSF Engines program is beginning to see the fruits of the nation’s investment in the inaugural NSF Engines over the last two years. To date, the program has seen a tenfold return on taxpayers’ dollars — an initial investment of $135 million across nine NSF Engines has garnered more than $1 billion in matching commitments from private industry, philanthropy and state and local governments.
Now this second wave of NSF Engines will soon follow the initial investments, shoring up innovation ecosystems in new regions across the U.S. The NSF Engines are transformational for the nation, helping ensure the U.S. remains globally competitive in key technology areas for decades to come. Of note, this cohort of semifinalists includes 17 NSF Engines Development Awards teams who received two-year planning grants in 2023 and early 2024 that they leveraged to help build coalitions and refine visions for dynamic innovation ecosystems within their regions.
In early summer 2024, NSF received nearly 300 letters of intent (LOI) in response to the second NSF Engines funding opportunity, an initial step required to demonstrate interest in applying for the program. NSF published data from the LOIs to encourage proposers to create regional teams and potentially collaborate before the preliminary proposal deadline in August 2024. From the teams that submitted a preliminary proposal, NSF selected 71 to advance to the next round of competition and submit a full proposal by the spring 2025 deadline. From those, NSF selected 29 teams to advance to the next round of competition through a merit review process that engaged panels of external experts.
During the next stage, NSF will conduct live, virtual assessments of the semifinalist teams to gain further understanding of their regional coalitions, the alignment of their proposed leadership teams and core partners, and their visions for research and development (R&D) as well as translation. NSF will select the finalists for the NSF Engines program following these assessments. NSF anticipates announcing the final list of NSF Engines awards in early 2026.
AboutNSF Regional Innovation Engines
Launched by NSF TIP, the NSF Engines program is building and scaling regional innovation ecosystems nationwide. Each NSF Engine is powered by a broad coalition of private sector, regional and scientific leaders and organizations to accelerate breakthrough emerging technology R&D that drives growth and ultimately bolsters U.S. economic competitiveness and national security.
NSF announces the list of teams that will advance to the next stage of its major initiative aiming to advance critical technologies and grow regional economies nationwide
The U.S. National Science Foundation Regional Innovation Engines (NSF Engines) program announced the 29 semifinalists advancing to the next stage of the second competition – spanning critical technologies and applications ranging from energy grid security to maximizing the yield of critical minerals mining to advanced optical sensors. The semifinalist teams, many of whom have been building their regional coalitions for a year or longer, are led by universities, nonprofits, private industry and other organizations from across the United States. View a map of the NSF Engines semifinalists.
Credit: U.S. National Science Foundation
A map showing the locations of the U.S. National Science Foundation Regional Innovation Engines (NSF Engines) program’s 29 finalists for 2025. Explore the map semifinalists in more detail.
“This outstanding cohort of semifinalists clearly demonstrates that America’s technology competitiveness will depend as much on expanding our ability to unlock innovation capacity in every part of our country — from the rural plains and western ranges to cities with rich industrial and manufacturing legacies — as it will on advancing the technologies themselves,” said Erwin Gianchandani, NSF assistant director for Technology, Innovation and Partnerships (NSF TIP). “Each team was selected because it brought strong public and private partners to the table and outlined a promising vision for research, innovation and workforce development in their respective regions of service, thereby advancing U.S competitiveness, national security and economic growth.”
The NSF Engines program is beginning to see the fruits of the nation’s investment in the inaugural NSF Engines over the last two years. To date, the program has seen a tenfold return on taxpayers’ dollars — an initial investment of $135 million across nine NSF Engines has garnered more than $1 billion in matching commitments from private industry, philanthropy and state and local governments.
Now this second wave of NSF Engines will soon follow the initial investments, shoring up innovation ecosystems in new regions across the U.S. The NSF Engines are transformational for the nation, helping ensure the U.S. remains globally competitive in key technology areas for decades to come. Of note, this cohort of semifinalists includes 17 NSF Engines Development Awards teams who received two-year planning grants in 2023 and early 2024 that they leveraged to help build coalitions and refine visions for dynamic innovation ecosystems within their regions.
In early summer 2024, NSF received nearly 300 letters of intent (LOI) in response to the second NSF Engines funding opportunity, an initial step required to demonstrate interest in applying for the program. NSF published data from the LOIs to encourage proposers to create regional teams and potentially collaborate before the preliminary proposal deadline in August 2024. From the teams that submitted a preliminary proposal, NSF selected 71 to advance to the next round of competition and submit a full proposal by the spring 2025 deadline. From those, NSF selected 29 teams to advance to the next round of competition through a merit review process that engaged panels of external experts.
During the next stage, NSF will conduct live, virtual assessments of the semifinalist teams to gain further understanding of their regional coalitions, the alignment of their proposed leadership teams and core partners, and their visions for research and development (R&D) as well as translation. NSF will select the finalists for the NSF Engines program following these assessments. NSF anticipates announcing the final list of NSF Engines awards in early 2026.
AboutNSF Regional Innovation Engines
Launched by NSF TIP, the NSF Engines program is building and scaling regional innovation ecosystems nationwide. Each NSF Engine is powered by a broad coalition of private sector, regional and scientific leaders and organizations to accelerate breakthrough emerging technology R&D that drives growth and ultimately bolsters U.S. economic competitiveness and national security.
The Motor Vehicle Open Recall Notice and Fair Compensation Act (A4380/S3309), a critical piece of legislation aimed at ensuring fair wages for automotive dealership mechanics across the state of New Jersey, passed both the Senate and Assembly chambers with unanimous bipartisan support and now heads to New Jersey Gov. Phil Murphy’s desk for his signature. The New Jersey State Council of Machinists and IAM Union District 15 helped lead the lobbying efforts for this legislation.
The IAM represents hundreds of skilled automotive technicians throughout New Jersey.
“The passage of this legislation is a major victory for our members working at automobile dealerships,” said IAM Union District 15 Area Director Cristino Vilorio, who also serves as the IAM’s New Jersey State Council President. “Automotive technicians are the backbone of our vehicle maintenance system, and this legislation recognizes their expertise and hard work. I want to thank Senate President Nicholas Scutari, Senate Republican Leader Anthony Bucco, Assembly Speaker Craig Coughlin, and Assembly Republican Leader John DiMaio for their leadership on this legislation. This is a game-changer for New Jersey’s auto industry and a proud moment for our members who are automotive technicians.”
This bipartisan legislation will require thousands of hard-working automotive dealership mechanics across the state to receive the same wages for warranty repair services as other repair services, improving the quality of life for them, their families, and their communities.
“The passage of this legislation will benefit our members and the entire New Jersey auto industry,” said IAM Eastern Territory General Vice President David Sullivan. “I want to thank IAM Union District 15 Directing Business Representative Norm Shreve, IAM Union District 15 Area Director Cristino Vilorio, and the New Jersey State Council for their efforts to help pass this bill. Our members will now receive fair and just compensation for their work.”
The post New Jersey Legislature Passes IAM-Backed Fair Wages for Automotive Technicians Legislation appeared first on IAM Union.
Greenville, MS – A Georgia man was sentenced today to 20 years in prison for attempting to coerce a Mississippi minor to send sexually explicit images through an online platform.
According to court documents, Davin Buckner, 24 years old, of Resaca, Georgia, engaged in an online conversation over a gaming platform with a ten-year old child in Lafayette County. Buckner invited and allowed the minor to access and use credits on Buckner’s account to play games. Once the minor used some credits, Buckner advised the minor that he would have to repay the money by sending explicit images of himself. Buckner thought the child was 9 years old. Using emojis, Buckner requested the minor send pictures of his penis “stimulated.” The minor complied and took a picture using his cell phone which he then sent to Buckner.
The minor’s parents discovered the messages and turned the cell phone over to the FBI. Buckner committed this online crime while out on bond awaiting trial for hands on sexual exploitation offenses out of Georgia that occurred in 2020.
District Judge Debra M. Brown sentenced Buckner to serve 240 months in federal prison followed by lifetime supervised release for the online offense.
“I can think of no more egregious crime than an adult who sexually exploits a child, and this office will continue to exercise zero tolerance for sexual predators, period,” said U.S. Attorney Clay Joyner. “AUSA Parker King and our invaluable partners at the FBI have yet again run an extremely dangerous individual to ground and provided protection and justice to the most vulnerable among us.”
“Protecting children from exploitation is one of the FBI’s highest priorities,” said Special Agent in Charge of the FBI Jackson Field Office Robert Eikhoff. “Mr. Buckner, who was awaiting trial for sexual exploitation of another child, continued to violate the innocence of a minor. Buckner is a dangerous sexual predator who preyed on our most vulnerable victims, our children. The FBI maintains a steadfast commitment to protect minors and their innocence by aggressively investigating and holding accountable predators, like Buckner.”
This case was investigated by the FBI.
Assistant U.S. Attorney Parker S. King prosecuted the case as part of the Project Safe Childhood nationwide initiative to combat the growing epidemic of child sexual exploitation and abuse. Led by the U.S. Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section (CEOS), Project Safe Childhood marshals federal, state and local resources to better locate, apprehend and prosecute individuals who exploit children via the Internet, as well as to identify and rescue victims. For more information about Project Safe Childhood, please visit www.projectsafechildhood.gov.
Elmer Yusay Ngo, 29, of Stockton, was sentenced today by U.S. District Judge Kimberly J. Mueller to 20 years in prison, to be followed by 50 years of supervised release for child exploitation, Acting U.S. Attorney Michele Beckwith announced.
According to court records, Ngo utilized social media to sexually exploit female minors nationwide. This sexual exploitation included attempting to coerce, entice, and persuade the minors to produce child pornography of themselves at Ngo’s direction. Ngo persistently sought out minor females and engaged in similar patterns of behavior, which included befriending the minor on social media, obtaining at least one nude or partially nude image of the minor, using that image as leverage to demand the minors engage in video calls while nude, and ordering the minors to perform various sexual acts on themselves while on video. Ngo would keep his end of the video call blacked out so that the minors could not see his face.
This case was the product of an investigation by the Federal Bureau of Investigation and the Internet Against Crimes Against Children Task Force, with assistance from state and local police departments nationwide. Assistant U.S. Attorney Kristin F. Scott prosecuted the case.
This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute those who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc. Click on the “resources” tab for information about Internet safety education.
Elmer Yusay Ngo, 29, of Stockton, was sentenced today by U.S. District Judge Kimberly J. Mueller to 20 years in prison, to be followed by 50 years of supervised release for child exploitation, Acting U.S. Attorney Michele Beckwith announced.
According to court records, Ngo utilized social media to sexually exploit female minors nationwide. This sexual exploitation included attempting to coerce, entice, and persuade the minors to produce child pornography of themselves at Ngo’s direction. Ngo persistently sought out minor females and engaged in similar patterns of behavior, which included befriending the minor on social media, obtaining at least one nude or partially nude image of the minor, using that image as leverage to demand the minors engage in video calls while nude, and ordering the minors to perform various sexual acts on themselves while on video. Ngo would keep his end of the video call blacked out so that the minors could not see his face.
This case was the product of an investigation by the Federal Bureau of Investigation and the Internet Against Crimes Against Children Task Force, with assistance from state and local police departments nationwide. Assistant U.S. Attorney Kristin F. Scott prosecuted the case.
This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. Led by the United States Attorneys’ Offices and the Criminal Division’s Child Exploitation and Obscenity Section, Project Safe Childhood marshals federal, state, and local resources to locate, apprehend, and prosecute those who sexually exploit children, and to identify and rescue victims. For more information about Project Safe Childhood, please visit www.usdoj.gov/psc. Click on the “resources” tab for information about Internet safety education.
ATLANTA – Malik Kiell Forte, 29, from Fairburn, Georgia has been sentenced for possessing a firearm after numerous felony convictions and stealing prescription drugs by burglarizing a warehouse and breaking into delivery vehicles parked outside of pharmacies around metro Atlanta.
“Criminals who steal prescription medications for profit will be identified, apprehended, and prosecuted,” said U.S. Attorney Theodore S. Hertzberg. “Our office remains committed to protecting vulnerable patients and punishing gun-toting thieves.”
“Forte’s actions not only harmed the businesses he targeted but impacted the safety and costs for anyone who relies on these medications,” said FBI Atlanta Special Agent in Charge Paul Brown. “The FBI will hold anyone accountable who looks to line their own pockets by harming others.”
According to U.S. Attorney Hertzberg, the charges, and other information presented in court: Between March 2021 and June 2022, Forte and others stole nine shipments of prescription drugs from delivery vehicles parked in front of various pharmacies. Forte, and a co-conspirator, Jaquay Joseph, also stole prescription shipments from a pharmaceutical distribution center in Stone Mountain, Georgia. The pharmaceutical drugs, which included hydrocodone, oxycodone, and morphine among other drugs, had a value of nearly $400,000. When agents searched Forte’s home, they found some of the stolen pharmaceuticals. Additionally, agents recovered a Glock pistol from Forte’s bedroom. As a multi-convicted felon, Forte was prohibited from possessing that gun.
On July 2, 2025, Senior U.S. District Judge Thomas W. Thrash, Jr. sentenced Forte to four years, nine months in prison followed by five years of supervised release. Forte was convicted of conspiracy to commit theft, theft of medical products, theft of interstate shipments, drug trafficking conspiracy, possession with intent to distribute controlled substances, and possession of a firearm by a prohibited person, after he pleaded guilty on February 5, 2025.
This case was investigated by the Federal Bureau of Investigation.
Assistant United States Attorney Dash A. Cooper prosecuted the case.
For further information please contact the U.S. Attorney’s Public Affairs Office at USAGAN.PressEmails@usdoj.gov or (404) 581-6185. The Internet address for the U.S. Attorney’s Office for the Northern District of Georgia is http://www.justice.gov/usao-ndga.
CHICAGO — A federal investigation into fentanyl, heroin, and cocaine sales in Chicago has resulted in a grand jury returning multiple drug and/or firearm charges against six individuals.
A superseding indictment returned in U.S. District Court in Chicago accuses the six defendants of conspiring to distribute the drugs in Chicago in 2024. Two of the defendants are charged with firearm offenses for illegally possessing semiautomatic handguns as previously convicted felons.
Charged with drug conspiracy are ANDRE DEBRUCE, 40, of Schiller Park, Ill., TERRANCE PATTON, 40, of Chicago, CRAIG CALDWELL, 43, of Chicago, TIMOTHY BELIN, 48, of Chicago, JENNIFER WORD, 39, of Chicago, and DENOMOIUS WELLS, 41, of Chicago. Patton and Caldwell are the previously convicted felons charged with illegal firearm possession. Caldwell also faces an additional gun charge for allegedly possessing a firearm in furtherance of drug trafficking.
The charges against Caldwell carry a maximum sentence of life in federal prison, with a mandatory minimum of five years. Patton and Debruce face maximum sentences of 40 years, with a mandatory minimum of five years. Belin, Word, and Wells each face up to 20 years, with no mandatory minimum.
Wells pleaded not guilty to the charges during his arraignment on Tuesday before U.S. Magistrate Judge M. David Weisman. The five other defendants have also been arraigned and also pleaded not guilty to the charges.
The superseding indictment was announced by Andrew S. Boutros, United States Attorney for the Northern District of Illinois, and Douglas S. DePodesta, Special Agent-in-Charge of the Chicago Field Office of the FBI. Substantial assistance was provided by IRS Criminal Investigation in Chicago, the Chicago Police Department, and the Evanston, Ill. Police Department. The government is represented by Assistant U.S. Attorneys Hayley Altabef and Adam Rosenbloom.
The superseding indictment in this case is part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to protect our communities from the perpetrators of violent crime, among other areas of focus. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETFs) and Project Safe Neighborhood (PSN).
The public is reminded that an indictment contains only charges and is not evidence of guilt. The defendants are presumed innocent and entitled to a fair trial at which the government has the burden of proving guilt beyond a reasonable doubt.
St. George’s, Bermuda, July 08, 2025 (GLOBE NEWSWIRE) — Relm Insurance (‘Relm’), the leading insurer for emerging and innovative industries, today announced the launch of OMEGAFINTECH and NOVAFINTECH, which eliminate coverage gaps within streamlined policies built for today’s financial innovators.
Modern fintechs face growing risks — from cyberattacks to regulatory scrutiny — yet still rely on fragmented insurance cobbled together from legacy providers. This patchwork approach often leads to costly gaps in coverage and uncertainty at claim time.
Relm’s new product suite solves this problem by combining critical coverages into a unified structure:
OMEGAFINTECH
Built for companies that deliver financial services through technology (e.g. digital banks, crypto exchanges, payment platforms), and includes integrated coverage for:
Tech and AI liability
Cybersecurity events
Financial and professional services (E&O)
Regulatory investigations and compulsory limits (e.g. PSD2 compliance in the EU)
Financial crime and fraud
Management liability
24/7 incident response team access
NOVAFINTECH
Tailored for fintech enablers — companies that build, supply, or power financial technologies without offering financial services themselves. It Includes all OMEGAFINTECH protections, minus financial services and management liability, keeping coverage relevant and cost-effective.
“Many fintechs are scaling fast and taking on complex risk — but traditional insurance hasn’t kept pace,” said Joseph Ziolkowski, CEO and Founder of Relm Insurance. “With OMEGAFINTECH and NOVAFINTECH, we’re helping them close critical gaps and build resilience where it matters most.”
“Findings from our research and stakeholder engagement suggested there was a clear need for policies that reflect the reality of how modern fintechs operate,” said Claire Davey, Relm’s Head of Product Innovation and Emerging Risk. “OMEGAFINTECH and NOVAFINTECH are the result of that process — cohesive, technically sound coverages that address overlapping exposures in a single structure, helping our clients navigate risk with fewer gaps and greater clarity.”
Relm Insurance Ltd. (Relm) is a Bermuda-domiciled specialty insurance carrier that supports emerging industries driving innovation and next-generation technologies. Launched in 2019, Relm offers a wide range of insurance products to high-growth markets, including digital assets, blockchain, AI, biotech, and the space economy. With a Financial Stability Rating of A (Exceptional) from Demotech, Relm is widely recognised for its industry expertise and solutions-driven approach, making it a trusted risk partner for businesses operating at the frontier of technological innovation.
NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.
We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:
Dr. Josef Ackermann
Zurich, former Chairman of the Management Board, Deutsche Bank
Fred Brettschneider
New York, former Head of Deutsche Bank Global Markets Americas
Yassine Bouhara
Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
Kevin Parker
New York, CEO SICM, former CEO of Deutsche Asset Management
Bernardo Parnes
Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
Jon Vaccaro
Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
Seth Waugh
Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently inthe US and EMEA as Managing Directors, with further expansion planned:
David Barcus
New York, former BNP and Raymond James
John Doyamis
New York, former EBG, and Bear Stearns
Leo-Hendrik Greve
Amsterdam, former ING, Citi and MS
Rony Jawhar
Dubai, former Arqaam and Deutsche Bank
Bray Kelly
New York, former JBK Capital and UBS
Joe Lovrics
Madrid, former Societe General, Citi, and BNP
Bill Miller
New York, Commerce Street, TPG Sixth Street, Citi
Hans Narberhaus
Madrid, former Deutsche Bank
Laurent Quelin
London, former Chenavari, and CS
Francois-Louise Ricard
Paris, former Groupe Caisse des Depots, MS and SG
Jorge de los Rios
Madrid, former Santander, S&P and Lehman
Mike Turnbull
London, former StormHarbour, BAML and MS
Andrew Whittaker
New York, Lazard, GSAM and Lehman
In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.
We also welcome George Parker, New York, as Senior Advisor for Operations.
This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.
Expansion of our Global Network of Senior Advisors
We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.
This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.
We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.
“We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.
KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.
Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.
KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.
Disclaimer:
Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.
KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.
KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).
This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.
NEW YORK and LONDON and STOCKHOLM and DUBAI, United Arab Emirates, July 08, 2025 (GLOBE NEWSWIRE) — KingsRock Advisors, LLC (“KingsRock”), an independent global advisory firm, announced today the formation of a new Advisory Board, a series of new Senior Hires, additional Senior Advisors joining us, and an inaugural Capital Raise. This expansion aims to accelerate the growth of KingsRock’s capital solutions and corporate finance business, across industries, geographies, and capital structures.
We are pleased to welcome the following Senior Banking Executives who have agreed to serve as Members of our new KingsRock Advisory Board:
Dr. Josef Ackermann
Zurich, former Chairman of the Management Board, Deutsche Bank
Fred Brettschneider
New York, former Head of Deutsche Bank Global Markets Americas
Yassine Bouhara
Dubai, CEO Tell Group, former Global Head of Deutsche Bank Global Equities
Kevin Parker
New York, CEO SICM, former CEO of Deutsche Asset Management
Bernardo Parnes
Sao Paolo, CEO of One Partners, former CEO of Deutsche Bank Latin America
Jon Vaccaro
Darien, Founder V20 Group, former Global Head of Deutsche Bank CRE
Seth Waugh
Palm Beach, former CEO of Deutsche Bank Americas, former Chairman of PGA
We are pleased to welcome the following Senior Investment Bankers who have joined KingsRock recently inthe US and EMEA as Managing Directors, with further expansion planned:
David Barcus
New York, former BNP and Raymond James
John Doyamis
New York, former EBG, and Bear Stearns
Leo-Hendrik Greve
Amsterdam, former ING, Citi and MS
Rony Jawhar
Dubai, former Arqaam and Deutsche Bank
Bray Kelly
New York, former JBK Capital and UBS
Joe Lovrics
Madrid, former Societe General, Citi, and BNP
Bill Miller
New York, Commerce Street, TPG Sixth Street, Citi
Hans Narberhaus
Madrid, former Deutsche Bank
Laurent Quelin
London, former Chenavari, and CS
Francois-Louise Ricard
Paris, former Groupe Caisse des Depots, MS and SG
Jorge de los Rios
Madrid, former Santander, S&P and Lehman
Mike Turnbull
London, former StormHarbour, BAML and MS
Andrew Whittaker
New York, Lazard, GSAM and Lehman
In Q2 we were also joined by Gregor Bates, Associate, London, and Analysts Matt Farrell, Nikita Spivakov, and Tim O’Callaghan in New York.
We also welcome George Parker, New York, as Senior Advisor for Operations.
This team’s decades of investment banking experience across Origination, Advisory, Capital Markets, Structuring, and Leveraged Finance should help propel our growth and strategy to originate, structure, and distribute private capital markets transactions and provide strategic advisory services. Our goal is to further strengthen KingsRock’s ability to serve issuer clients and the private credit, special situations and private equity investor universe with ever more tailor-made capital solutions and investment opportunities.
Expansion of our Global Network of Senior Advisors
We are also pleased to announce that we now have 120 (one hundred and twenty) Senior Advisors from approximately 50 countries around the world. Each is a truly Independent Advisor with his or her own interest and focus, some with companies that we have partnered with, etc. Many of these advisors comprised the most senior leadership of Deutsche Bank and oversaw a wide range of functions, from CEO and six other former Management Board Members, to Country Heads and Divisional Heads of M&A, Capital Markets, and Heads of Sales, Coverage, Industry Groups, Economists, Operations, etc.
This unique Global Network of former colleagues and friends as our Senior Advisors allows KingsRock access to key decision makers nearly anywhere in the world, spanning companies, institutional investors, financial institutions, and the public sector. It also offers mutual benefits in deal making through origination, execution, and distribution, be it a cross-border M&A transaction or bespoke institutional capital raising deal.
We are also pleased to Announce a successful close of our inaugural third-party capital raise for KingsRock Advisors LLC, to support our expansion and elevate our investment banking boutique, with further strategic growth planned. We thank all of our investors for their strong support.
“We are excited to welcome our new Senior Advisory Board Members, our new Managing Directors, Associate and Analyst colleagues, and our Senior Advisors network to KingsRock as we continue to expand the global reach of our capital solutions business. Together with our inaugural capital raise to boost and increase the visibility of our platform, successfully concluded in Q2, we are truly thrilled with the progress our young firm is making to serve our clients and support our ambitious growth. In the near term, we will share more details about our expansion across our financial services offering,” said Håkan Wohlin, Founder & Managing Partner, and Louis Jaffe, Co-Founder & Managing Partner.
KingsRock Advisors, LLC headquartered at 900 Third Avenue, New York, NY 10022, is an independent global advisory firm, with securities offered by KingsRock Securities LLC, a FINRA member firm and SIPC, as well as KingsRock Advisors UK Ltd and KingsRock Advisors Europe AB, both wholly owned subsidiaries of KingsRock Advisors LLC.
Founded in 2020, KingsRock comprises a team of approximately 40 full time professionals who advise on a wide range of private capital markets transactions including debt, hybrid, equity and M&A covering structures from vanilla to highly structured. The team collectively has worked on thousands of transactions across various industry sectors worldwide. Clients include private equity and private credit firms, corporations, financial institutions, government-related entities, and institutional investors.
KingsRock Advisors offers the experience and global reach of a large firm, combined with the structural agility and creativity of a boutique. An independent advisory firm with a global network that provides unconflicted strategic and financial advisory services, along with innovative capital solutions and special situations. The firms’ bankers excel in complex transactions and deliver swift results often where large banks and traditional sources of financing do not have the ability to engage. KingsRock advisors operates across all major industry sectors and is supported by a global network of 120 independent Senior Advisors across 50 countries, who bring decades of deal making experience.
Disclaimer:
Securities offered by KingsRock Securities LLC, a FINRA member firm and a member of SIPC., a wholly owned subsidiary of KingsRock Advisors LLC. • 900 Third Avenue, 10th Floor • New York, NY 10022.
KingsRock Advisors UK Ltd is a private limited company registered in England and Wales with registration number 15240371. KingsRock Advisors UK Ltd (FRN 1006329) is an Appointed Representative under Bluegrove Capital Management Ltd (FRN: 960363), which is authorised and regulated by the Financial Conduct Authority.
KingsRock Advisors Europe AB is incorporated in Sweden (EU), with registered office at Grev Turegatan 14, 114 46 Stockholm, Sweden, and is a tied agent of Svensk Värdepappersservice i Stockholm AB, a Swedish investment firm authorized and regulated by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) under the Swedish Securities Market Act (Sw. lag (2007:528) om värdepappersmarknaden).
This message is provided for information purposes and does not constitute an invitation, solicitation or offer to buy or sell any securities or investment. Neither KingsRock Securities, LLC nor its affiliates provide accounting, tax or legal advice; such matters should be discussed with your advisors and/or counsel.
The East African Community (EAC) and the Intergovernmental Authority on Development (IGAD) have taken a significant step towards regional financial integration, with the convening of a five-day workshop on payment systems interoperability. The IGAD-EAC-World Bank Joint Workshop, convened from 30th June to 4th July, 2025 in Addis Ababa, Ethiopia, brought together Central Banks, digital finance experts, and senior policymakers from nine countries with a focus on advancing harmonised legal, regulatory, and supervisory frameworks that will enable faster, safer, and more inclusive cross-border payments across the Eastern Africa region
The workshop was organised under the Eastern Africa Regional Digital Integration Project (EARDIP), a flagship initiative jointly implemented by IGAD and EAC, with support from the World Bank. The EARDIP’s mission is to boost regional digital market integration by expanding broadband infrastructure and strengthening the environment for cross-border digital services, including digital payments, a critical enabler of trade, remittances, and financial inclusion.
At the heart the Addis Ababa discussions was a shared regional challenge of fragmented and non-interoperable payment systems that undermine economic potential. While countries like Kenya, Tanzania, and Ethiopia have made strides in domestic interoperability, regional integration remains stifled by gaps in regulations, technical disparities, and cybersecurity concerns. Against this backdrop, the workshop provided a platform for technical learning, peer-to-peer exchange, and collective visioning.
In his opening remarks, Dr. Mohyeldeen Eltohami, Director of Economic Cooperation and Regional Integration, IGAD, emphasised that the workshop was not merely a technical convening but a launchpad for transformation. “The collaboration between EAC and IGAD exemplifies the spirit of regional solidarity and shared ambition that Africa needs to build the future it envisions, a future of seamless digital integration, inclusive prosperity, and economic transformation,” he said.
The Director urged participants to seize the opportunity to build a harmonised regional framework and to let cooperation, not fragmentation, define the region’s digital future.
“Digital transformation is no longer a choice but a necessity. Together, IGAD and EAC can build a digitally integrated Eastern Africa, where borders no longer limit opportunity, and where innovation drives inclusion, and prosperity is shared,” said Dr. Eltohami.
Echoing these sentiments, Eng. Daniel Murenzi, Principal Information Technology Officer, EAC Secretariat stressed that digital payments are the backbone of a functioning digital market and that interoperability was no longer a luxury, but a necessity for regional prosperity.
“EAC and IGAD are implementing the EARDIP Project with the objective to advance digital regional integration by strengthening cross-border digital infrastructure, services, policies, and frameworks that promote economic growth, inclusion, and regional collaboration among EAC and IGAD Member/Partner States,” noted Eng. Murenzi.
“Payment systems are an enabler in this digital ecosystem for the region, with their interoperability a critical factor. We therefore need to review national payment processes, harmonise legal and regulatory instruments and facilitate interoperability of the regions payment system,” he noted.
On his part, Mr. Gynedi Srinivas, Senior Financial Sector Specialist, Payment Systems Development Group, World Bank outlined the global relevance of the workshop, noting that its objectives align with the Group of Twenty (G20) roadmap for faster, cheaper, and safer cross-border payments. He applauded the region’s readiness to harness the benefits of fast payment system (FPS) interoperability.
“The benefits of cross-border interoperability of fast payment systems will especially enable safer, faster and low-cost retail payments across borders helping end-users, individuals and Medium, Small and Micro Enterprises (MSMEs) to make and receive payments seamlessly,” he noted.
Participants of the workshop engaged in discussions on three strategic areas: digital infrastructure, legal and regulatory frameworks, and regional payment integration. Recommendations from these sessions included the need to invest in shared digital infrastructure, adopt consumer-centric design for FPS, develop regulatory sandboxes to support innovation, and the need to harmonise legal instruments to unlock true cross-border operability.
During the workshop, experts from some Member/Partner States Central/National Banks shared experiences and lessons from their national contexts, thereby providing practical blueprints for other countries aiming to leapfrog barriers and accelerate digital finance inclusion.
Participants also explored emerging technologies, including AI, blockchain, and cross-border Central bank digital currencies, alongside discussions on cyber threats and the role of cybersecurity incident response teams (CIRSTs) in protecting payment ecosystems. The need for a unified cybersecurity legal framework and real-time threat intelligence sharing across borders emerged as a top priority.
The workshop further recommended facilitating peer-to-peer attachments among central banks; anchoring FPS design in user needs; collectively addressing social engineering risks, particularly in mobile payments; and convening annual joint workshops on cross-border payments.
The workshop brought together experts from nine IGAD-EAC Member/Partner States’ National Payment System directorates or departments from the Bank of the Republic of Burundi, the Central Bank of Djibouti, the National Bank of Ethiopia, the Central Bank of Kenya, the National Bank of Rwanda, the Central Bank of Somalia, the Bank of South Sudan, the Bank of Tanzania and the Bank of Uganda. The Central Bank of the Democratic Republic of Congo was represented by the Ministry of Regional Integration of the Democratic Republic of Congo. Also in attendance were IGAD and EAC EARDIP Coordinators and key staff as well as World Bank Consultants and a representative from Banco d ’Italia (Bank of Italy).
Source: Peter the Great St. Petersburg Polytechnic University –
An important disclaimer is at the bottom of this article.
The Polytechnic stand continues its work at the INNOPROM exhibition, and the official delegation of SPbPU takes an active part in the business program. On July 8, Russian Prime Minister Mikhail Mishustin arrived in Yekaterinburg. At the forum, the Prime Minister assessed the exhibits and opened the main strategic session “Technological Leadership: Industrial Breakthrough”.
“I would like to sincerely welcome the participants and guests of the main industrial exhibition of Russia. This year it has a significant anniversary. For the 15th time, Yekaterinburg has become the center of attraction for companies of industrial leaders – both our country and our friendly states. In order to identify new growth points, expand the range of business contacts,” said Mikhail Mishustin. – Today’s discussion is devoted to a very important topic – industrial breakthrough. President Vladimir Vladimirovich Putin at the St. Petersburg International Economic Forum emphasized that the Russian economy must become more technological. This is a serious challenge, the solution of which will require combining the efforts of educational and scientific institutions, industry and other sectors, the expert community and investors, state corporations and development institutions, ministries and departments, regional authorities. I am absolutely convinced that together we will be able to achieve the goals set in this area. And a good support, of course, will be the success of domestic manufacturers.”
The industrial world is currently experiencing a period of dramatic change and instability. In the context of growing uncertainty, the largest market players are actively looking for new growth points and strategic allies. Technological development is becoming a key area of production transformation. The priority vector is the creation of intelligent and automated systems, where artificial intelligence plays a central role in managing production processes. However, technological progress is only one component of success in the struggle for leadership. An equally important aspect is the formation of a reliable ecosystem of partnerships based on many years of experience of joint work and mutual trust. The key factors in this strategy are the painstaking work of higher education institutions in training qualified personnel, as well as close interaction between educational institutions, enterprises and business representatives.
Thus, the chief designer for the key scientific and technological development area of SPbPU “System Digital Engineering”, director of the Advanced Engineering School of SPbPU “Digital Engineering” Alexey Borovkov was one of the key speakers of the round table “Implementation of strategic projects of technological leadership within the framework of the program “Priority-2030”. The participants of the meeting discussed the mechanisms of interaction of the program with the system of higher education, including the assessment of the implemented educational programs, methodological approaches to training and forms of cooperation between educational institutions and the business community.
Alexey Ivanovich recalled that in 2025, each university included the section “Strategic Technological Leadership” in its comprehensive development program, identifying three strategic technological projects. Peter the Great St. Petersburg Polytechnic University, following the presentation of the University Development Program at the Council of the Ministry of Science and Higher Education of the Russian Federation, entered the leading group of universities participating in the Priority-2030 program.
It is important to note that in accordance with the Order of the Government of the Russian Federation dated May 20, 2023 No. 1315-r, the term “technological leadership” is defined as the superiority of technologies or products in key parameters (functional, technical, cost) over foreign analogues. It is for the purpose of achieving technological leadership according to this definition that SPbPU concentrates its efforts on three key scientific and technological areas (KST): KST-1 “Systemic digital engineering” – development of technologies and products superior to foreign analogues, based on digital twin technology and the CML-Bench® Digital Platform KST-2 “New materials, technologies, production” – creation of science-intensive industries for the repair and manufacture of products for various purposes; KST-3 “Artificial intelligence for solving cross-industry problems” – development of digital platform solutions for analyzing multimodal data, – said Alexey Ivanovich.
A solemn and pleasant ceremony took place at our stand during business negotiations. SPbPU Academic Secretary Dmitry Karpov presented the SPbPU “For Merits” badge of distinction to Anatoly Sludnykh, General Director of the Ural Optical-Mechanical Plant named after E. S. Yalamov (UOMZ). The award was given by a unanimous decision of the Polytechnic Academic Council for his great contribution to the development of Peter the Great St. Petersburg Polytechnic University. UOMZ is a long-standing and reliable partner of the Polytechnic. So, quite recently The plant’s delegation visited our university.
According to Anatoly Sludnykh, the enterprise is interested in using technologies and materials developed by Polytechnic University scientists, as well as in additional training of its technologists and engineers at the university. SPbPU, in turn, is determined to strengthen ties and expand cooperation with the Ural Optical and Mechanical Plant and other enterprises of the Shvabe holding.
We should add that the Polytechnic stand enjoys increased attention from specialists and visitors to the INNOPROM exhibition. They evaluate the advanced engineering developments of our university and communicate with the university specialists. But the exhibit of the SPbPU History Museum is of particular value – a fragment of the legendary “Cable of Life”. This is a gift from Polytechnic graduates who, after graduating from the university, made a successful career at Lenenergo.
September 23, 1942 was a turning point in the history of Leningrad during the siege. On this day, the besieged city began receiving electricity from the Volkhov Hydroelectric Power Station. The unique project was completed in just 48 days. Power engineers had to lay 104 kilometers of overhead power lines and five 23-kilometer cable strands along the bottom of Lake Ladoga. The work was carried out under constant enemy fire near the front line. A three-core cable with a 120 mm² cross-section ensured the transmission of significant amounts of electricity. The system operated for almost two years, supplying not only industrial enterprises, but also the everyday needs of city residents.
Director of the SPbPU History Museum Valery Klimov shared his memories of the outstanding engineer Nikodim Tumanov, who supervised the cable laying. In 1935, he graduated from the Leningrad Polytechnic Institute as an external student, defending his diploma project on the topic of “Expansion of the electrical network of the Central District of the Leningrad electrical network.”
When he was assigned to lead the group, he said: “I understood that this task was impossible. But if I refused, someone else would refuse, a third – and the city would be left without electricity. I decided for myself that I had to try. Leningraders are those people who did not refuse. Perhaps that is why we survived. And as long as a person believes, he lives,” Valery Yuryevich quoted Nikodim Tumanov.
I noticed that there are not many stands here that have the logo of the 80th anniversary of the Victory. Our stand has one. This year the country celebrated a great anniversary, and that is why we brought to Yekaterinburg one of the symbols of the Victory and the heroism of Leningraders – “Cable of Life”, – emphasized Valery Klimov.
Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.
Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.
On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.
In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.
Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.
With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.
“This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.
BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.
Salt Lake City Utah, July 08, 2025 (GLOBE NEWSWIRE) — BluSky AI Inc. (OTC: BSAI), (“BluSky AI” or the “Company”), a next-generation developer of modular AI data center infrastructure, is proud to announce the acquisition of its first operational site, securing a total of 9.3 megawatts (MW) of power to support its flagship data center project in Central, Utah.
On June 30, 2025, BluSky AI entered into a definitive Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (“DAM”), a Wyoming-based infrastructure partner. Under the agreement, DAM assigned to BluSky AI its exclusive right to utilize 9.3 MW of grid-interconnected power at a highly competitive rate, subject to standard adjustments. This power commitment will support BluSky AI’s long-term operations at the Milford site.
In consideration for the power rights, BluSky AI issued 20 million shares of restricted common stock to DAM. The agreement spans the full operational life of the Utah data center project, ensuring long-term energy stability and cost efficiency.
Simultaneously, BluSky AI executed a Ground Lease with an Option to Purchase with Wild Mustang Ventures LLC, securing 51.6 acres of land in Central, Utah. The lease, which runs for an initial two-year term, includes an annual base rent of $90,000, which will accrue until the earlier of lease expiration or BluSky’s exercise of its purchase option.
With this dual milestone, BluSky AI now controls 9.3 MW of power capacity, including additional grid access beyond the commitment, positioning the Company to rapidly deploy its modular AI compute infrastructure.
“This is a foundational moment for BluSky AI,” said Trent D’Ambrosio, CEO of BluSky AI Inc. “Securing long-term, low-cost power and a strategic land position in Central Utah gives us the runway to scale our AI infrastructure with sustainability and precision. It’s the first step in a bold vision to provide access to compute and power the future of intelligent systems.”
Headquartered in Salt Lake City, Utah, BluSky AI Inc. delivers modular, rapidly deployable data center infrastructure purpose-built for artificial intelligence. These next generation scalable AI Factories provide speed-to-market, and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Forward-Looking Statements:
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release are forward-looking statements that involve various risks and uncertainties. Forward-looking statements in this news release include statements with respect to the potential impact for the Company. There can be no assurance statements will prove to be accurate and actual results and future events could differ materially from anticipated in such statements.
BluSky AI Inc. disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events except as required by applicable securities legislation.