Category: Technology

  • MIL-OSI Asia-Pac: New round of activities under “Smart Silver” ICT Outreach Programme for Elders to promote digital inclusion (with photos)

    Source: Hong Kong Government special administrative region

    ​To allow the elderly to experience digital life, the Digital Policy Office (DPO) announced today (June 26) that a new round of activities under the “Smart Silver” Information and Communications Technology (ICT) Programme for Elders (the Outreach Programme) will be launched gradually starting early July. Since its launch in 2014, the Outreach Programme has been well received by the elderly, with the number of participation exceeding 150 000. For the new round of the Outreach Programme, it is estimated that no fewer than 45 000 elderly people will participate in the programme, and at least 400 mobile digital service station activities will be held.
     
    Through an open invitation, the DPO has earlier engaged three non-profit-making organisations (NPOs) – The Hong Kong Chinese Women’s Club, Tung Wah Group of Hospitals and Yan Chai Hospital Social Services Department – to implement the new round of the Outreach Programme. Under the programme, ICT outreach activities focusing on using smartphones, tablet computers and other ICT solutions to help improve elderly people’s quality of daily living and connect them to society will be organised for elderly people receiving day care centre services, the hidden elderly, and elderly people in the community. The activities include teaching elderly people to use applications closely related to daily life and helping them improve their muscle strength and eye-hand co-ordination through digital technology products, such as augmented reality games, smart robots and reaction lights. These allow them to experience the benefits brought about by digital technologies.
     
    The three NPOs will also organise mobile digital service station activities across the territory to proactively promote the series of activities under the “Smart Silver” digital inclusion programme for the elderly led by the DPO, introduce common mobile applications of public services to them, answer their questions on the use of smartphones and provide them with anti-fraud information and security tips. Relevant information about service hours and locations of mobile digital service stations has been uploaded to the Elderly IT Learning Portal (www.it2.gov.hk/tc/about/mobile_booth.php) (Chinese only) for reference.
     
    “We are grateful for the support of the NPOs in the previous round of the Outreach Programme and for their contributions to the promotion of digital inclusion. The DPO hopes that members of the public will actively encourage the elderly around them to participate in the digital inclusion activities of the ‘Smart Silver’ programme and join hands with the Government to promote the use of digital technologies by the elderly, so as to build a digitally inclusive and caring society,” a spokesman for the DPO said.
     
    In order to allow members of society to enjoy the benefits of digital technology, the DPO promotes various digital inclusion measures under the “Smart Silver” programme to help those in need (especially the elderly) understand and use digital technology products and services. These measures include outreach programmes, mobile outreach service stations, regular and fixed-point training on digital technologies and technical support, enriched ICT training and a web-based learning portal, enabling them to use digital technologies effectively and safely and fully integrate into the digital society. Members of the public can visit the DPO website (www.digitalpolicy.gov.hk/en/our_work/digital_government/digital_inclusion/) to learn about the details of various activities under the “Smart Silver” Digital Inclusion Programme for Elders.

    MIL OSI Asia Pacific News

  • MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Nuku’Alofa, Tonga, June 25, 2025 [Image 1 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    NUKU’ALOFA, Tonga (June 25, 2025) U.S. Army Capt. Levi Jackson, left, and Spc. Bryson Joens, both assigned to 72nd Medical Detachment Veterinary Service Support, provide pet ownership and care lessons to the students of the Acts Community School during Pacific Partnership 2025 in Nuku’Alofa, Tonga, June 25, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 06.25.2025
    Date Posted: 06.26.2025 00:03
    Photo ID: 9132588
    VIRIN: 250625-N-ED646-1456
    Resolution: 7996×5331
    Size: 7.43 MB
    Location: NUKU’ALOFA, TO

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Nuku’Alofa, Tonga, June 25, 2025 [Image 1 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    NUKU’ALOFA, Tonga (June 25, 2025) U.S. Army Capt. Levi Jackson, left, and Spc. Bryson Joens, both assigned to 72nd Medical Detachment Veterinary Service Support, provide pet ownership and care lessons to the students of the Acts Community School during Pacific Partnership 2025 in Nuku’Alofa, Tonga, June 25, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 06.25.2025
    Date Posted: 06.26.2025 00:03
    Photo ID: 9132588
    VIRIN: 250625-N-ED646-1456
    Resolution: 7996×5331
    Size: 7.43 MB
    Location: NUKU’ALOFA, TO

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Nuku’Alofa, Tonga, June 25, 2025 [Image 8 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    NUKU’ALOFA, Tonga (June 25, 2025) U.S. Army Capt. Levi Jackson, center, assigned to 72nd Medical Detachment Veterinary Service Support, distributes participation prizes to students of the Acts Community School during a pet ownership and care lecture as part of Pacific Partnership 2025 in Nuku’Alofa, Tonga, June 25, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 06.25.2025
    Date Posted: 06.26.2025 00:03
    Photo ID: 9132595
    VIRIN: 250625-N-ED646-5990
    Resolution: 7427×4967
    Size: 7.86 MB
    Location: NUKU’ALOFA, TO

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-OSI Security: Pacific Partnership 2025 Conducts Mission Stop in Nuku’Alofa, Tonga, June 25, 2025 [Image 8 of 9]

    Source: United States Navy (Logistics Group Western Pacific)

    Issued by: on


    NUKU’ALOFA, Tonga (June 25, 2025) U.S. Army Capt. Levi Jackson, center, assigned to 72nd Medical Detachment Veterinary Service Support, distributes participation prizes to students of the Acts Community School during a pet ownership and care lecture as part of Pacific Partnership 2025 in Nuku’Alofa, Tonga, June 25, 2025. Now in its 21st iteration, the Pacific Partnership series is the largest annual multinational humanitarian assistance and disaster management preparedness mission conducted in the Indo-Pacific. Pacific Partnership works collaboratively with host and partner nations to enhance regional interoperability and disaster response capabilities, increase security and stability in the region, and foster new and enduring friendships in the Indo-Pacific. (U.S. Navy photo by Mass Communication Specialist 2nd Class Moises Sandoval/Released)

    Date Taken: 06.25.2025
    Date Posted: 06.26.2025 00:03
    Photo ID: 9132595
    VIRIN: 250625-N-ED646-5990
    Resolution: 7427×4967
    Size: 7.86 MB
    Location: NUKU’ALOFA, TO

    Web Views: 0
    Downloads: 0

    PUBLIC DOMAIN  

    MIL Security OSI

  • MIL-Evening Report: The ARIA charts are about to undergo a big change. It could be a boost for local artists

    Source: The Conversation (Au and NZ) – By Catherine Strong, Associate Professor, Music Industry, RMIT University

    The Australian Recording Industry Association (ARIA), the organisation responsible for collating and publishing Australia’s music charts, has just announced the biggest overhaul of its methods in more than a decade.

    From September, the ARIA charts will be divided according to the release date of entries. Anything older than two years will be moved into a new “ARIA on replay” chart, with the exception of some music re-entering the charts after more than a decade.

    The stated aim of the reforms is to better connect Australian audiences with new, and particularly Australian, music. They are part of a series of interventions from different groups aimed at solving the nation’s ongoing music “crisis”.

    Why is this happening?

    ARIA is responding to two related trends through implementing this new chart system.

    The first is that the charts are increasingly dominated by old “catalogue” music. Creative Australia reports the ARIA’s Top 100 charts went from having almost 100% new singles (less than two years old) in 2018, to 70% new singles in 2024.

    This is related to a fundamental change in what is being counted.

    In 2014, ARIA expanded its sources from point-of-sale data (such as CD sales and iTunes downloads) to include plays on streaming services (such as Spotify and YouTube), which are now the most popular means of music consumption.

    People will typically buy a physical/iTunes single or album once. But they might listen to a song on Spotify hundreds of times, and each of these listens count as far as the ARIA charts are concerned.

    This explains the resurgence of old releases that find new audiences through media (such as Stranger Things boosting Kate Bush’s Running Up That Hill), as well as perennial favourites that never seem to be dislodged (Fleetwood Mac’s Rumours album has been in the ARIA Top 50 albums chart for more than 400 weeks).

    The second trend is the decline of Australian music in the charts. Research shows the ARIA’s singles and albums charts have become more homogeneous in recent decades, rather than more diversified.

    Artists from North America and the United Kingdom are dominating Australian charts more than ever. Many of them sit in the charts for extended periods, at the expense of homegrown talent.

    How streaming platforms changed the game

    A major challenge for artists on streaming platforms is discoverability, or visibility.

    Decisions made by platform-employed playlist curators and AI algorithms aren’t well understood, and are hard to influence. Yet they make a huge difference to how many people will encounter a piece of music.

    The inclusion of streaming data in the ARIA charts back in 2014 was presented as a way to more accurately assess what people were listening to.

    This new plan to separate old and new releases has a more interventionist agenda, attempting to “remove barriers for new Australian music”.

    It can be seen as a response to the overarching narrative of a “crisis” plaguing the Australian music industry – one which extends to existential challenges for live music, and the careers of musicians and other industry workers.

    The ARIA’s decision to put their finger on the scales of chart success shows how pressing this crisis narrative has become.

    What difference will it make?

    Even if Australian artists are better represented in future ARIA charts, material challenges will remain.

    Actual sales and streams may remain relatively low. Even with millions of streams, the value returned to artists is often too small to maintain a living.

    For most artists, a sustainable music career requires that visibility be translated into other revenue sources, such as live performances, merchandise sales, and media licensing deals.

    That said, ARIA’s aim of increasing discoverability for local acts seems likely to have some pay-off. Acts with their names in the new charts will enjoy extra visibility and prestige. If even a small number of opportunities arise from this, it could make a big difference to them, the local industries surrounding them, and the local audiences that will discover them.

    ARIA’s intervention is part of a patchwork of responses from industry, government, and communities to Australia’s music woes. Another recent response came from a New South Wales government scheme which will reward overseas headliners (through reduced venue fees) for including an Australian opening act in their show.

    State and federal governments are also investing in local music development and export. The surprising exception to this is previous trailblazer Victoria, which recently cut almost all contemporary music funding.

    ARIA’s new approach is emphasising the message that Australian music should be valued. Tracking how this approach plays out – as well as which Australian artists benefit – will help ensure a healthy music ecosystem in the future.

    Catherine Strong has received funding from the Victorian Music Development Office.

    Ben Green receives funding from the Australian Research Council and the Australasian Performing Right Association.

    ref. The ARIA charts are about to undergo a big change. It could be a boost for local artists – https://theconversation.com/the-aria-charts-are-about-to-undergo-a-big-change-it-could-be-a-boost-for-local-artists-259788

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: NSU entered the top 5 best universities in Russia in the Interfax group rating

    Translation. Region: Russian Federal

    Source: Novosibirsk State University – Novosibirsk State University – The Interfax Group presented the 16th annual National University Ranking for 2025. Novosibirsk State University entered the top 5 best universities in Russia, second only to Moscow universities such as Moscow State University, MEPhI, MIPT and HSE. Compared to 2024, NSU rose two positions: from 7th to 5th place, ahead of TSU and St. Petersburg State University.

    The activities of 389 Russian universities were assessed during the preparation of the rating. The rating includes all the country’s high-status universities: 29 national research universities, 10 federal universities, 33 flagship universities, and 145 universities participating in the Priority 2030 program. The universities’ activities were assessed according to six parameters: Brand, Education, Research, Social Environment, Cooperation, Innovation, and Entrepreneurship.

    NSU’s advancement in the ranking is primarily due to its improved positions in two sub-ratings: Research (from 7th place in 2024 to 5th in 2025) and Innovation and Entrepreneurship (from 15th place in 2024 to 8th in 2025). It is important to note that NSU has significantly improved its position in the latter parameter for the second year in a row (in 2023, it was in 35th place).

    — Over the past 5 years, extra-budgetary revenues from research activities have increased 5-fold and by the end of 2024 amounted to 1.9 billion rubles. NSU participates in all key development programs, including Priority 2030, Network of Modern Campuses, Research Centers in Artificial Intelligence, etc. We are also strengthening cooperation with industrial partners in the implementation of joint research projects, development and implementation of new technologies, methods, approaches to solving problems facing various industries. Our strategic goal is to become a center of attraction for innovation, which will be facilitated by the creation of a modern infrastructure for research and innovation activities on the basis of the NSU campus under construction, — commented NSU Rector, Academician of the Russian Academy of Sciences Mikhail Fedoruk.

    NSU is actively working in the field of technological entrepreneurship. Thus, the NSU Startup Studio operates at the university; at present, more than 55 student teams have become winners of the federal competition of the Foundation for Assistance to Innovations and received 1 million rubles each for the implementation of their projects. More than 30 of them have become residents of the Academpark business incubator. By the end of 2024, more than 1 billion rubles have been attracted to R&D projects for high-tech industries.

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

    MIL OSI Russia News

  • MIL-OSI Russia: China to Promote High-Quality Gold Mining Development

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 26 (Xinhua) — China will promote high-quality, intelligent, green and safe development of its fast-growing gold mining industry, the Ministry of Industry and Information Technology (MIIT) said.

    Recently, the MPI, together with eight departments including the National Development and Reform Commission, the Ministry of Commerce and the Ministry of Natural Resources, released an action plan for the high-quality development of the gold mining industry for 2025-2027.

    According to the MPI, the implementation of the action plan aims to unify the work to ensure high-quality development and high security, and to maximize China’s advantages in the scale of gold smelting and processing, business management and other aspects.

    According to the plan, by 2027, China’s gold resource capacity and the innovation level of its industrial chains will be significantly enhanced. During this period, the country’s gold reserves will increase by 5-10 percent, and gold and silver production by more than 5 percent.

    China will promote green and efficient use of resources through measures such as building green mines and factories, and accelerate digital transformation by adopting artificial intelligence and other technologies, the plan says.

    According to data from the China Society of Gold Miners, China’s gold production was 377.24 tons in 2024, while its consumption of the yellow metal was 985.31 tons. -0-

    MIL OSI Russia News

  • MIL-OSI Video: Technology at All Ends

    Source: World Economic Forum (video statements)

    Technology at All Ends

    From residents creating an online shopping service in the middle of the ocean to digital solutions for fish farmers, some of the most critical on-the-ground stories of technological progress are easily overlooked and underdeveloped.

    What is at stake if this imbalance persists and what is needed to accelerate the scaling of technologies across communities and regions?

    https://www.youtube.com/watch?v=eDOM5HsgOAY

    MIL OSI Video

  • MIL-OSI New Zealand: NZ SUPER FUND STAKEHOLDER UPDATE

    Source: New Zealand Super Fund

    Portfolio Update – The value of the NZ Super Fund has mirrored the performance of global risk assets over the past couple of months, dropping to $74 billion following US President Donald Trump’s “Liberation Day” tariff announcements on 2 April and subsequently recovering to pass $83 billion.

    Periods of volatility are part and parcel of running a growth-focused portfolio, which we continue to believe is the investment strategy best suited to our mandate and to our purpose, Sustainable Investment Delivering Strong Returns to All New Zealanders.

    As a long-term investor, we are able to ride out, and even take advantage of, short-term market volatility. For example, one of our most successful active strategies over the past few years is Strategic Tilting. This strategy is based on our belief that investments tend to return to fair value over time and that, given our long-term investment horizon, we can improve our risk-adjusted returns by reducing our exposure to assets we believe are over-priced assets in favour of holding assets we believe offer value.

    As we have seen during the GFC and at the outset of the Covid pandemic, this strategy can generate losses over the short to medium term: our operational independence and our clearly defined governance model are essential to the success of this strategy.

    Market Conditions

    Financial markets remain closely attuned to developments in U.S. trade policy and ongoing tariff negotiations under the Trump Administration. These policy uncertainties, combined with concerns over the recently released federal budget – which is projected to significantly widen the U.S. fiscal deficit – have heightened investor caution.

    As a result, long-term U.S. Treasury yields have risen, driven in part by increased investor demand for alternative sovereign debt instruments. Notably, Japanese Government Bonds (JGBs) have seen a pickup in yields, offering a relatively attractive option for investors seeking safety and yield diversification. This shift in sentiment has also contributed to a modest depreciation of the U.S. dollar against major currencies.

    Global economic activity expanded at a moderate pace in Q1, but recent indicators suggest a softening in momentum across several economies. Inflation remains broadly in line with central bank targets, helped by subdued energy prices. In response to the cooling outlook, central banks in New Zealand, Australia, and the Eurozone have eased monetary policy, while the U.S. Federal Reserve held interest rates steady.

    Adding to global uncertainty, escalating geopolitical tensions in the Middle East have driven a sharp increase in commodity prices, particularly in oil markets. These developments are likely to be a key source of market volatility in the near term.

    The NZ Super Fund in the Budget

    The amount of money the government is required to contribute to the Super Fund is determined by a formula set out in Section 43 of our Act (the New Zealand Superannuation and Retirement Income Act 2001).

    It is a complicated-looking calculation, but the most important inputs are the expected nominal GDP and net cost of superannuation over the following 40 years and the size of the Super Fund.

    If nominal GDP or the size of the Super Fund is higher than expected (or if the net cost of superannuation is lower), the Government is required to contribute a lower amount.

    These forecasts are updated by Treasury every six months at the Budget Economic and Fiscal Update (BEFU) and the Half-Year Economic and Fiscal Update (HYEFU).

    At the last HYEFU, Treasury forecast that the government would be able to make its first withdrawal from the Super Fund in 2031 ($96 million).

    Last month’s updated numbers, published alongside Finance Minister Nicola Willis’s 2025 Budget, forecast that the first withdrawal would come in 2028 ($32 million). 2036 remains the year where withdrawals are forecast to pass $1 billion for the first time.

    Reductions in forecast government contribution have been a trend for the past few years, driven by higher-than-expected returns from the Super Fund and lower-than-previously-expected future net superannuation costs.    

    The Elevate Fund

    The Budget also contained the news that the Government would divert this year’s capital contribution of $61 million to the Elevate Fund, along with a further $39 million from the government’s capital allowance.

    This $100 million commitment provides some welcome certainty for NZGCP, whom the Guardians appointed to manage Elevate in line with the legislation that established the fund in 2019 (the Venture Capital Fund Act), and matches the approach taken by the previous government when it first set up Elevate.

    We look forward to continuing to work with NZGCP to maintain Elevate’s contribution to increasing the venture capital available to New Zealand entities and developing New Zealand’s venture capital markets to function more effectively. 

    Minister of Finance’s Letter of Expectations

    We have now published our response to the Letter of Expectations 2025/26 that we received earlier this year from Finance Minister Nicola Willis.

    Click here to read the Minister’s letter, and here to read our response. 

    Guardians staffer elected to ILPA board

    Del Hart, our Head of External Investments and Partnerships, was recently elected to the Board of the Institutional Limited Partners Association. With 618 institutional members drawn from 50 countries, the ILPA is an important industry advocate and thought leader.

    Private markets are growing and changing rapidly. Del’s perspective will be of great value as we continue to refine our thinking about investing in this asset class.

    Industry recognises Leadership Team member’s career and contribution

    Paula Steed, recently appointed as Guardians GM Technology (and previously GM Strategy and Shared Services), has been inducted as a Fellow of the Chartered Accountants Association of Australia and New Zealand (CAANZ). Fellowships are given for outstanding career achievements or contributions to the profession, as decided by CAANZ members.  

    NZ Super Fund Scholarship winner

    Avondale College alumna Chana Malungahu is the latest recipient of the NZ Super Fund AUT Business Scholarship – Pacific. Chana, who enrolled at AUT in the second semester last year, is currently studying business strategy, international business management, and entrepreneurship and innovation, and working towards a Bachelor of Business degree. 

    AUT Business School announced the award of this scholarship via their LinkedIn page.

    Annual Report voted best in Australasia

    For the fourth time in five years the Guardians’ annual report has been named Report of the Year at this year’s ARA awards. Judges described the report as “designed to engage readers and effectively communicate the organisation’s messages … customer centric and easy to understand.”

    Read our Annual Report for FY24 here.

    The Judges’ comments and a full list of award winners can be found on the ARA website.

    In the news

    Guardians Board member (and former Senior Investment Strategist at the NZ Super Fund) Sue Brake and CalPERS Chief Investment Officer (and former Chief Investment Officer at the NZ Super Fund) Stephen Gilmore talk about the Total Portfolio Approach to investing with Thinking Ahead Institute Associate Director Isabella Martin – the latest in Isabella’s Investing for the Future series of podcasts.

    The Guardians is gearing up to combine a multitude of investment data models across the organisation into a central model-of-models, which should lead to better investment decisions and cost savings. Maaike van Tol, our Director of Portfolio Design, recently sat down with the Investment Innovation Institute’s Director of Content, Wouter Klijn, to talk about how a comprehensive data analytics function can lead to more meaningful conversations, better investment decisions, and lower costs. Read Wouter’s report here.   

    Sustainable Investment Analyst Laumanu Mafi recently featured on RadioNZ’s Pacific Waves programme, where she and host Susana Suisuiki discussed some of the difficulties Pacific women face in accessing the retirement benefits they need. An economist by training, Laumanu spent three years on the investment team at Tonga’s Retirement Fund Board before joining the Guardians two years ago. Go to RNZ Pacific to listen to their conversation.

    Congratulations to former Guardians Board member Mark Tume, winner of the Invest New Zealand – Te Tohu Kahukura Māori Leadership in Finance Award at the recent INFINZ awards. A full list of award winners can be found here.

    MIL OSI New Zealand News

  • MIL-OSI: Short Term Loans Online for Bad Credit Now Offered by Viva Payday Loans 2025

    Source: GlobeNewswire (MIL-OSI)

    AUSTIN, Texas, June 26, 2025 (GLOBE NEWSWIRE) — Viva Payday Loans has introduced a new range of short term loans for 2025, giving everyday Americans more flexibility when covering unexpected expenses or bridging income gaps. With a focus on transparency, speed, and wider eligibility even for those with poor credit, Viva Payday Loans is becoming a go-to source for short term loans online.

    Check Your Eligibility for a Short Term Loan Online >>

    The updated product line includes options for short term loans for bad credit, short term business loans, and some of the best short term loans available through licensed U.S. lenders. Borrowers can now apply in minutes and receive same-day decisions, with most funds arriving within hours.

    “We’ve simplified short term borrowing. Whether it’s for personal needs or business cash flow, applicants don’t need perfect credit to qualify,” said Maria Delgado, Chief Product Officer at Viva Payday Loans. “The goal is to provide quick access to funds without surprises.”

    What Makes Viva Payday Short Term Loans Different?

    Unlike traditional lenders that often rely heavily on credit scores and long forms, Viva Payday Loans offers a fully online application focused on income and recent banking history. Applicants are matched with lenders in real-time based on eligibility and location.

    Get Started with Viva Payday Loans – No Credit Score Needed >>

    Key features:

    • Fast Online Applications: Apply in under five minutes through any device.
    • Same-Day Funding: Many borrowers receive funds within hours of approval.
    • Bad Credit Accepted: Eligibility is based more on income and deposits than credit score.
    • Clear Terms: All interest rates, fees, and repayment dates are displayed before accepting any offer.
    • Short Term Business Loans: Small business owners can apply for working capital without long delays or high credit barriers.

    Short Term Loans for Bad Credit

    Many Americans are turned away by banks due to low credit scores. Viva’s platform includes short term loans for bad credit, giving those with limited credit history a fair chance. These loans typically range from $100 to $1,000 and are ideal for covering urgent needs like rent, car repairs, or utility bills.

    The company ensures that each offer comes with full fee breakdowns and no hidden charges. Borrowers can even convert short term loans into longer installment plans if needed.

    Check Your Eligibility for a Short Term Loan Online >>

    Short Term Business Loans Made Simple

    Freelancers, gig workers, and small business owners can now apply for short term business loans through Viva’s network of lenders. These loans are suitable for covering overheads, restocking supplies, or dealing with invoice delays. There’s no need to visit a branch or prepare lengthy financial statements.

    Why Borrowers Choose Short Term Loans in 2025

    • No hard credit checks
    • Same-day decisions
    • Options to extend or refinance
    • Simple digital process
    • Support for a wide range of credit profiles

    Types of Short Term Loans Available in 2025

    1. Short Term Loans for Bad Credit: Many traditional lenders reject applicants with credit scores under 600. Viva partners with licensed lenders who look at income and recent deposits instead of penalizing applicants for past credit issues. Borrowers can qualify even after past defaults or missed payments.

    2. No Credit Check Short Term Loan: Some lenders on Viva Payday Loans offer short term loans online with no credit check. These are helpful for individuals who want to avoid a hard inquiry on their report or who haven’t yet built credit history.

    3. Short Term Business Loan: Small business owners can apply for quick loans to cover payroll, restock supplies, or manage slow payments. These loans don’t require lengthy paperwork and are ideal for freelancers and self-employed workers too.

    4. Installment-Based Short Term Loans: If repaying in one lump sum isn’t realistic, borrowers can opt for installment repayment. This breaks up the amount over several weeks, reducing the pressure of a single due date.

    About Viva Payday Loans

    Viva Payday Loans is an online platform that connects borrowers with reputable lenders across the U.S. The company offers access to short term loans, personal loans, and installment loan options tailored to individual needs. Viva is committed to clear terms, fast approvals, and making borrowing accessible to more people, especially those underserved by traditional banks.

    Media Contact
    Mukesh Bhardwaj
    Email: mukesh@paydayventures.com

    Disclaimer

    Viva Payday Loans is not a lender and does not make credit decisions. Loan approval, rates, and terms are determined by third-party lenders based on applicant eligibility. Borrowers should read all loan terms carefully and only borrow what they can repay. Same-day funding is subject to bank processing timelines and may vary by applicant.

    The MIL Network

  • MIL-Evening Report: Oil shocks in the 1970s drove rapid changes in transport. It could happen again if Middle East tensions continue

    Source: The Conversation (Au and NZ) – By Hussein Dia, Professor of Future Urban Mobility, Swinburne University of Technology

    The Image Bank/Getty

    As the world watches the US–Iran situation with concern, the ripple effect from these events are reaching global oil supply chains – and exposing their fragility.

    If Iran closes the Strait of Hormuz as it is considering, it would restrict the global oil trade and trigger energy chaos.

    Petrol in some Australian cities could hit A$2.50 a litre according to some economists. As global instability worsens, other experts warn price spikes are increasingly likely.

    What would happen next? There is a precedent: the oil shocks of the 1970s, when oil prices quadrupled. The shock drove rapid change, from more efficient cars to sudden interest in alternative energy sources. This time, motorists would likely switch to electric vehicles.

    If this crisis continues or if another one flares up, it could mark a turning point in Australia’s long dependence on foreign oil.

    What would an oil shock mean?

    Australia currently imports 80% of its liquid fuels, the highest level on record. If the flow of oil stopped, we would have about 50 days worth in storage before we ran out.

    Our cars, buses, trucks and planes run overwhelmingly on petrol and diesel. Almost three-quarters (74%) of these liquid fuels are used in transport, with road transport accounting for more than half (54%) of all liquid fuels. Australia is highly exposed to global supply shocks.

    The best available option to reduce dependence on oil imports is to electrify transport.

    How does Australia compare on EVs?

    EV uptake in Australia continues to lag behind global leaders. In 2024, EVs accounted for 9.65% of new car sales in Australia, up from 8.45% in 2023.

    In the first quarter of 2025, EVs were 6.3% of new car sales, a decline from 7.4% in the final quarter of 2024.

    Norway remains the global leader, with battery-electric passenger cars making up 88.9% of sales in 2024. The United Kingdom also saw significant growth – EVs hit almost 20% of new car registrations in 2024.

    In China, EVs made up 40.9% of new car sales in 2024. The 12.87 million cars sold represent three-quarters of total EV sales worldwide.

    One reason for Australia’s sluggishness is a lack of reliable public chargers. While charging infrastructure is expanding, large parts of regional Australia still lack reliable access to EV charging.

    Until recently, Australia’s fuel efficiency standards were among the weakest in the OECD. Earlier this year, the government’s new standards came into force. These are expected to boost EV uptake.

    Could global tensions trigger faster action?

    If history is any guide, oil shocks lead to long-term change.

    The 1970s oil shocks triggered waves of energy reform.

    When global oil prices quadrupled in 1973–74, many nations were forced to reconsider where they got their energy. A few years later, the 1979 Iranian Revolution caused another major supply disruption, sending oil prices soaring and pushing much of the world into recession.

    Huge increases in oil prices drove people to look for alternatives during the 1970s oil shocks.
    Everett Collection/Shutterstock

    These shocks drove the formation of the International Energy Agency in 1974, spurred alternative energy investment and led to advances in fuel-efficiency standards.

    Much more recently, Russia’s invasion of Ukraine pushed the European Union to face up to its reliance on Russian gas and find alternatives by importing gas from different countries and accelerating the clean energy shift.

    Clearly, energy shocks can be catalysts for long-term structural change in how we produce and consume energy.

    The new crisis could do the same, but only if policy catches up.

    If fuel prices shot up and stayed there, consumer behaviour would begin to shift. People would drive less and seek alternate forms of transport. Over time, more would look for better ways to get around.

    But without stronger support such as incentives, infrastructure and fuel security planning, shifting consumer preferences could be too slow to matter.

    A clean-energy future is more secure

    Cutting oil dependency through electrification isn’t just good for the climate. It’s also a hedge against future price shocks and supply disruptions.

    Transport is now Australia’s third-largest source of greenhouse gas emissions. Now that emissions are falling in the electricity sector, transport will be the highest emitting sector emissions source as soon as 2030.

    Building a cleaner transport system also means building a more resilient one. Charging EVs on locally produced renewable power cuts our exposure to global oil markets. So do biofuels, better public transport and smarter urban planning.

    Improving domestic energy resilience isn’t just about climate targets. It’s about economic stability and national security. Clean local energy sources reduce vulnerability to events beyond our control.

    What can we learn from China?

    China offers a compelling case study. The nation of 1.4 billion faces real oil security challenges. In response, Beijing has spent the past decade building a domestic clean energy ecosystem to reduce oil dependency and cut emissions.

    This is now bearing fruit. Last year, China’s oil imports had the first sustained fall in nearly two decades. Crude oil imports fell 1.5%, while oil refinery activity also fell due to lower demand.

    China’s rapid uptake of EVs has clear energy security benefits.
    pim pic/Shutterstock

    China’s green energy transition was driven by coordinated policy, industrial investment and public support for clean transport.

    China’s rapid shift to EVs and clean energy shows how long-term planning and targeted investment can pay off on climate and energy security.

    What we do next matters

    The rolling crises of 2025 present Australian policymakers a rare alignment of interests. What’s good for the climate, for consumers and for national security may now be the same thing.

    Real change will require more than sustained high petrol prices. It demands political will, targeted investment and a long-term vision for clean, resilient transport.

    Doing nothing has a real cost – not just in what we pay at the service station, but in how vulnerable we remain to events a long way away.

    Hussein Dia receives funding from the Australian Research Council, the iMOVE Australia Cooperative Research Centre, Transport for New South Wales, Queensland Department of Transport and Main Roads, Victorian Department of Transport and Planning, and Department of Infrastructure, Transport, Regional Development, Communications and the Arts.

    ref. Oil shocks in the 1970s drove rapid changes in transport. It could happen again if Middle East tensions continue – https://theconversation.com/oil-shocks-in-the-1970s-drove-rapid-changes-in-transport-it-could-happen-again-if-middle-east-tensions-continue-259670

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI China: China’s new consumption patterns drive domestic demand upgrade

    Source: People’s Republic of China – State Council News

    Pet owners are splurging on smart litter boxes, blind boxes are flying off shelves overseas after going viral in China, and new tea drinks are becoming the go-to choice for young people.

    With continuously optimized retail efficiency and the rising spending power of young consumers, China’s consumption sector has witnessed a notable shift toward new channels and product categories.

    At the 2025 Haihe International Consumption Forum in north China’s Tianjin Municipality on Tuesday, heated discussions on such topics as ways to ignite new engines for domestic demand came under the spotlight.

    Participants noted that new consumption — characterized by behaviors and methods driven by new technologies — has become an important force in meeting people’s needs. This has unleashed consumption potential and boosted economic development, thereby activating new growth drivers for China’s economy.

    Artificial intelligence is reshaping the consumption landscape on both supply and demand sides. Thierry Delmarcelle, chief strategy and innovation officer of Deloitte Asia Pacific, said at the event that AI can boost consumption and accelerate China’s transition toward becoming a consumption-driven economy.

    For example, the penetration rate of Navigate on Autopilot (NOA) — an important AI application scenario — in passenger vehicles is expected to reach 20 percent by the end of this year.

    In March, China unveiled an action plan to boost consumption, prioritizing it as a key economic task for 2025. The plan proposed an “AI Plus” initiative to promote the integration of AI and spending.

    The automotive industry is undergoing a sweeping intelligent transformation. Changan Automobile has announced it will halt its development of non-intelligent new products. BYD has equipped more than 20 new energy vehicle models with intelligent driving systems. And Li Auto’s intelligent driving systems logged a total mileage of about 3 billion kilometers in 2024.

    This consumption upgrade wave driven by new spending patterns is not only evident in high-value, durable goods like automobiles, but also in subtle changes in everyday consumption scenarios.

    Roger Hu, managing director and partner of Boston Consulting Group, noted during the forum that China’s shopping habits are breaking into clear layers, with consumption scenarios for similar products becoming increasingly diversified.

    “For example, a consumer drinks eight cups of water a day. Among these, there is water for staying alert, water for relaxing, and water for socializing to bridge distances,” Hu said, adding that given China’s massive consumer base, meeting the demand for “each cup of water” represents an opportunity in market segmentation for consumption.

    Wang Pu, co-founder of drink brand Chi Forest, said that significant consumer attention to Chinese brands and growing demand for healthy consumption have motivated companies to upgrade their technologies and products.

    Chi Forest launched a new product in 2023 that uses traditional Chinese medicine ingredients to meet consumer demand for both taste and health benefits. “Sales of this product exceeded 100 million yuan (about 14 million U.S. dollars) within four months of its launch, making it one of our fastest-growing new products,” Wang said.

    New consumption patterns such as those related to the green economy, the culture and tourism economy, and the debut economy have gradually become new engines driving spending, with supportive policies accelerating across regions.

    Wang Yagang, deputy director general of the Tianjin municipal bureau of commerce, said that Tianjin is accelerating its cultivation of landmark debut economy clusters. Since last year, the city has hosted over 400 related events, and it will soon introduce policies to support the debut economy.

    Zhu Keli, founding dean of the China Institute of New Economy, noted that from the consumption perspective, the debut economy effectively transforms consumer curiosity into purchasing power.

    “As new business forms and models like the debut economy continue to grow, the role of new economic drivers will become increasingly prominent, serving as indispensable sources of momentum to promote the high-quality development of China’s economy,” Zhu said. 

    MIL OSI China News

  • MIL-OSI USA: Congressman Veasey On Trump’s Decision to Strike Iran to Boost His Political Standing

    Source: United States House of Representatives – Congressman Marc Veasey (33rd District of Texas)

    Headline: Congressman Veasey On Trump’s Decision to Strike Iran to Boost His Political Standing

    WASHINGTON, D.C. — Congressman Veasey released the following statement regarding Trump’s decision to unilaterally launch strikes against Iran without Congressional authorization:

    “The Constitution is clear: only Congress has the authority to declare war. No president — not even Donald Trump — can unilaterally launch us into a conflict to boost his political standing.

    Let me clear: the Islamic Republic of Iran is a hostile regime that threatens our allies, funds terrorism, and has consistently pursued nuclear capabilities in defiance of international norms. I have no illusions about that. Tehran must never obtain a nuclear weapon — and America must be prepared to act decisively to prevent that outcome.

    But launching a major military strike without Congressional authorization, without coordination with our allies, and without a clear endgame is not leadership — it’s chaos.

    President Trump’s hair trigger foreign policy has made America weaker, not stronger. He abandoned the JCPOA with no viable replacement, gutted our diplomatic and soft power tools like USAID and Radio Farda, and left our allies in the dark. Now, with one strike, he’s escalated tensions across the region, endangered U.S. troops, and risked dragging our nation into a broader conflict — all without a plan. We need a hard line against Iranian theocracy— but it must be smart, lawful, and backed by a coalition of allies.

    I pray for the safety of the US troops stationed abroad as we learn more about the details of this strike.”

    MIL OSI USA News

  • MIL-OSI China: 2025 Future Close-Up global youth exchange program gets underway

    Source: People’s Republic of China – State Council News

    Young delegates from 14 countries and regions, including China, Russia, Saudi Arabia, Germany, Australia and Brazil, pose for a group photo with organizers of the 2025 Future Close-Up at the youth exchange program’s launch ceremony on June 24. 

    On June 24, the 2025 Future Close-Up global youth exchange and visit program kicked off at the headquarters of Chinese Internet giant Tencent in Shenzhen, Guangdong Province. Themed Guangdong, Hong Kong and Macao: Driving High-Quality Development in the Greater Bay Area (GBA), this year’s event brings together young delegates from 14 countries and regions including China, Russia, Saudi Arabia, Germany, Australia and Brazil to explore innovation across the region and China’s approach to regional cooperation, and gain a deeper understanding of the forces driving the country’s high-quality development.

    Future Close-Up was collaboratively launched in 2023 by China International Communications Group (CICG) Center for the Americas (CICG Center for Americas) and Tencent’s Marketing and Public Relations Department.

    From June 23 to 30, the participants will travel to Shenzhen, Dongguan, Hengqin and Guangzhou in Guangdong, as well as Hong Kong Special Administrative Region, for exchange activities.

    Members of this year’s Future Close-Up are influential figures in their fields, including entrepreneurs, scientists, scholars and opinion leaders. This edition of the program will feature a forum on urban innovation and cultural exchange in the GBA, offering international youth a platform to deepen their understanding of the region’s innovation ecosystem and facilitating mutual learning between urban cultures.

    At the launch ceremony, Zhang Jun, General Manager of Tencent’s Marketing and Public Relations Department, said he believes the event can connect people from different regions and cultural backgrounds. “With this vision in mind, we launched the Future Close-Up program, which has brought together over 100 young people from 35 countries and regions over the past three years,” Zhang added.

    “Future Close-Up has always been about opening a window for young people around the world to a more meaningful understanding of China. At the same time, their participation helps us broaden our appreciation for the diversity of global cultures,” said Tao Xing, the Future Close-Up program representative from the CICG Center for Americas, at the ceremony.

    “This year, we have invited international youth to visit the vibrant GBA. We hope you will embrace the journey with open minds, observe with curiosity, reflect on what you encounter and gain a uniquely personal experience of China,” he continued.

    The young delegates also shared their excitement and expectations for their upcoming journey.

    Torry Ko, Senior Strategy Manager for the Asia-Pacific region at Australian tech company MOLOCO, said he was especially interested in learning how leading firms like Tencent are tapping into the strengths of the GBA to fuel their rapid growth. “China’s tech industry is at the forefront globally,” he said.

    “I first came to Shenzhen 16 years ago, when I was studying in China. It’s incredible to see how much the city has changed. I am looking forward to learning more about the innovation driving China’s ongoing reform and development,” Ko added.

    Iuliia Bautdinova, a finance and communications analyst at multinational aerospace corporation Airbus from Russia, said she was drawn to Future Close-Up after hearing strong recommendations from previous participants. “My expectation is to get to know how people live here and what they do when they work with the future,” Bautdinova said. She is eager to take a closer look at the GBA’s renowned electronics and information industry and its ongoing development.

    Hugo Fontanel from France is interested in China’s digital transformation. The omnichannel lead at British multinational pharmaceutical company ViiV Healthcare expects “to learn more about the economic development of China, especially in the tech industry.” He also looks forward to meeting more international youth who share a passion for cross-cultural exchange and adventure.

    After the launch ceremony, the delegates visited Tencent’s digital exhibition hall, where they delved into the company’s innovations in AI, cloud computing and smart city technologies through immersive experiences. They also toured Mindray Bio-Medical Electronics Co. Ltd. to explore its research and development achievements in the medical device field.

    MIL OSI China News

  • MIL-OSI: BAY Miner Launches AI-Powered Cloud Mining, Supporting Bitcoin, Ethereum, SOL, XRP, Litecoin, and Dogecoin

    Source: GlobeNewswire (MIL-OSI)

    Las Vegas, Nevada, June 25, 2025 (GLOBE NEWSWIRE) — Bitcoin surpassed $105,000, Ethereum rose to $2,420, and Solana, XRP, Litecoin, and Dogecoin also rebounded strongly, ushering in a new wave of enthusiasm in the cryptocurrency market. Riding this trend, AI-powered BAY Miner announced the launch of a multi-currency cloud mining solution that requires no equipment or maintenance, supports BTC, ETH, SOL, XRP, LTC, and DOGE, and delivers daily mining earnings directly to users’ accounts, opening a new era of intelligent passive investment.

    Crypto Market Overview

    ·Bitcoin (BTC): Market value exceeds $2 trillion, mainstream ETF funds continue to flow in, and on-chain activity reaches a recent high.
    ·Ethereum (ETH): L2 network is active, EIP upgrade reduces transaction fees, and staked ether soars.
    ·Solana (SOL): TVL and NFT activities surge, and institutional layout signs are obvious.
    ·XRP: The legal ruling on ETF is approaching, and the community and funds continue to pay attention.
    ·Litecoin (LTC): Benefiting from payment integration needs, some e-commerce platforms have re-enabled LTC payment channels.
    ·Dogecoin (DOGE): Musk publicly expressed support for Memecoin infrastructure, and DOGE soared 12% in one day.

    BAY Miner Platform Highlights

    1. AI intelligent allocation algorithm: The platform automatically identifies the optimal mining currency and time, and optimizes the income structure.
    2. One-click mining of multiple currencies: Users only need to register once to open multiple currency income paths such as BTC, ETH, SOL, etc. at the same time.
    3. Cloud operation, device management-free: Adapt to mobile phones and web pages, no hardware required, zero maintenance.
    4. Income visualization: The platform income can be checked daily, and wallet binding and automatic settlement are supported.
    5. Newcomer contract gift package: Register and get a $15 contract reward, and experience a daily income of $0.60.

    Flexible Contract Mechanism: Freely Control Your Mining Rhythm
    BAY Miner provides a variety of flexible cloud mining contracts to meet the diverse needs of different users for cycles, risk control, and returns. Whether it is a short-term trial or long-term stable appreciation, users can freely choose the most suitable mining plan based on their own asset allocation.
    BAY Miner Cloud Mining Contract Example
    ·BTC [Power Contract Plan]: Invest $10,000, 47 days → Daily income $165 → Total income $17,755
    ·DOGE [Core Contract Plan]: Invest $5,000, 32 days → Daily income $72.5 → Total income $7,320
    ·BTC [Free Computing Power Experience Plan]: Invest $100, 2 days → Daily income $4 → Total income $108

    Click here for full contract details

    User Reviews
    “BAY Miner eliminates the need for complicated wallets or mining rigs, allowing even beginners to easily benefit from the current crypto bull market.” — Jason L., Senior User / Community Ambassador of BAY Miner

    Call to Action
    Visit www.bayminer.com now, register an account and receive a $15 cloud mining gift package for free, experience daily risk-free returns, and intelligently start your crypto asset growth journey.

    About Us
    BAY Miner is an innovative platform focusing on AI cloud mining, dedicated to helping global users easily participate in the passive mining income of mainstream currencies such as Bitcoin, Ethereum, Solana, XRP, etc. through threshold-free computing power contracts. The platform supports mobile and web access, integrates data security, transparent income, and automated management, and is a representative of the new generation of intelligent mining solutions.
    Contact Information

    Website: www.bayminer.com
    Email: info@bayminer.com

    App: Download Now

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

    Attachment

    The MIL Network

  • MIL-OSI: Flexi-View Lending Closes $4.1 Million Fix-and-Flip Loan in Montpelier, Vermont

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 25, 2025 (GLOBE NEWSWIRE) — Flexi-View Lending, a nationally recognized direct private lender known for its creative financing solutions and rapid execution, is proud to announce the successful closing of a $4.1 million fix-and-flip loan in Montpelier, Vermont. The transaction, originated by James McDonough, was finalized in an impressive 20 days from initiation to close.

    The loan was structured with a 12-month term and carries a competitive interest rate of 8.7%, with the added borrower benefit of no prepayment penalties. The loan will be used for a comprehensive property acquisition and renovation project in the historic and growing Montpelier real estate market.

    “This closing is a testament to what makes Flexi-View Lending a standout in the private lending industry: speed, structure, and service,” said James McDonough. “We understand the time-sensitive nature of fix-and-flip projects, and our ability to move swiftly with a customized loan solution gives real estate investors the edge they need.”

    Addressing a High-Demand Market with a Strategic Vision

    Montpelier, Vermont, known for its architectural charm and revitalization efforts, has been gaining traction as a hotspot for real estate investors focused on value-add opportunities. This loan facilitates the acquisition and strategic renovation of a prime property that aligns with the city’s broader objectives of urban revitalization and residential expansion.

    “Fix-and-flip investments in cities like Montpelier contribute significantly to community improvement and economic stimulation,” said James McDonough. “By providing direct access to capital, Flexi-View Lending empowers developers to revitalize neighborhoods while earning solid returns.”

    Flexi-View Lending Advantage

    Flexi-View Lending operates under a borrower-first philosophy, delivering high-touch service and highly adaptable loan programs for professional real estate investors. As a direct lender, Flexi-View Lending bypasses traditional banking red tape, giving clients access to quicker closings, fewer bureaucratic hurdles, and more personalized service.

    The Montpelier transaction underscores several hallmark advantages of working with Flexi-View Lending

    Speed: Closed in just 20 days, demonstrating our capability to mobilize swiftly and efficiently for clients with time-sensitive needs.

    Flexibility: With no prepayment penalty, borrowers can refinance or repay early without incurring additional costs.

    Competitive Terms: A 12-month interest-only loan at a favorable 8.7% rate supports investor cash flow while allowing room for renovation and market appreciation.

    Local Insight: Though national in scope, Flexi-View lending professionals bring localized knowledge to each transaction, understanding the unique dynamics of markets like Montpelier.

    Behind the Transaction

    The $4.1 million loan was spearheaded by James McDonough, an Executive Director with a track record of success in both residential and commercial real estate financing. James worked closely with the borrower to ensure the loan met their timeline and financial objectives, coordinating every step of the underwriting and due diligence process to ensure a seamless and expedited close.

    “We designed this product with the investor’s goals in mind,” McDonough said. “The borrower needed a fast close to secure the acquisition and begin renovations immediately. Our direct-lending model enabled us to underwrite efficiently and fund quickly without compromising diligence.”

    The fix-and-flip project is set to transform a dated multi-family structure into modernized residential units tailored to Montpelier’s growing population of young professionals and remote workers. Renovation plans include upgraded interiors, energy-efficient appliances, and enhanced common areas that will increase both rental appeal and asset value.

    A Growing Portfolio of Successful Projects

    The Montpelier loan is the latest in a growing series of successful transactions by Flexi-View Lending, whose portfolio includes millions in funded real estate projects across the country. From single-family rehabs in suburban communities to large-scale commercial repositioning’s in urban centers, Flexi-View Lending continues to be a trusted source of capital for savvy investors.

    “We believe in building long-term relationships with our clients,” says James McDonough. “By consistently delivering what we promise—speed, service, and strategic guidance—we become more than lenders; we become partners in success.”

    Looking Ahead

    As real estate markets continue to evolve in response to economic shifts, demand for private capital remains strong. Fix-and-flip investors are turning to direct lenders like Flexi-View Lending for financing solutions that combine speed with strategic customization.

    The Montpelier transaction reflects not only Flexi-View’s capacity to fund significant loan amounts under tight timelines, but also its commitment to supporting the revitalization of America’s smaller cities. With an eye on sustainability and long-term value creation, Flexi-View is actively expanding its lending footprint across underserved and emerging markets.

    “This is just the beginning for us in Vermont and other similar markets,” said James McDonough. “We are ready to fund more deals and support more investors who are making a positive impact.”

    About Flexi-View Lending
    Flexi-View Lending is a national provider of innovative commercial real estate financing solutions. Specializing in bridge loans, acquisition financing, and value-add opportunities, Flexi-View Lending combines deep market knowledge with fast execution to empower clients to seize critical investment opportunities. Flexi-View Lending is a premier direct private lender that specializes in fix-and-flip, bridge, and rental property loans for real estate investors nationwide. Known for its fast funding, transparent terms, and commitment to service, Flexi-View helps borrowers seize opportunities and scale their businesses with confidence. With experienced underwriters, local market insights, and a streamlined loan process, Flexi-View is redefining what investors can expect from a lending partner.

    Media Contact:
    James McDonough
    Email: info@flexi-viewlending.com
    Phone: (209) 782-8062
    Website: www.flexi-viewlending.com

    The MIL Network

  • MIL-OSI: Flexi-View Lending Closes $4.1 Million Fix-and-Flip Loan in Montpelier, Vermont

    Source: GlobeNewswire (MIL-OSI)

    LOS ANGELES, June 25, 2025 (GLOBE NEWSWIRE) — Flexi-View Lending, a nationally recognized direct private lender known for its creative financing solutions and rapid execution, is proud to announce the successful closing of a $4.1 million fix-and-flip loan in Montpelier, Vermont. The transaction, originated by James McDonough, was finalized in an impressive 20 days from initiation to close.

    The loan was structured with a 12-month term and carries a competitive interest rate of 8.7%, with the added borrower benefit of no prepayment penalties. The loan will be used for a comprehensive property acquisition and renovation project in the historic and growing Montpelier real estate market.

    “This closing is a testament to what makes Flexi-View Lending a standout in the private lending industry: speed, structure, and service,” said James McDonough. “We understand the time-sensitive nature of fix-and-flip projects, and our ability to move swiftly with a customized loan solution gives real estate investors the edge they need.”

    Addressing a High-Demand Market with a Strategic Vision

    Montpelier, Vermont, known for its architectural charm and revitalization efforts, has been gaining traction as a hotspot for real estate investors focused on value-add opportunities. This loan facilitates the acquisition and strategic renovation of a prime property that aligns with the city’s broader objectives of urban revitalization and residential expansion.

    “Fix-and-flip investments in cities like Montpelier contribute significantly to community improvement and economic stimulation,” said James McDonough. “By providing direct access to capital, Flexi-View Lending empowers developers to revitalize neighborhoods while earning solid returns.”

    Flexi-View Lending Advantage

    Flexi-View Lending operates under a borrower-first philosophy, delivering high-touch service and highly adaptable loan programs for professional real estate investors. As a direct lender, Flexi-View Lending bypasses traditional banking red tape, giving clients access to quicker closings, fewer bureaucratic hurdles, and more personalized service.

    The Montpelier transaction underscores several hallmark advantages of working with Flexi-View Lending

    Speed: Closed in just 20 days, demonstrating our capability to mobilize swiftly and efficiently for clients with time-sensitive needs.

    Flexibility: With no prepayment penalty, borrowers can refinance or repay early without incurring additional costs.

    Competitive Terms: A 12-month interest-only loan at a favorable 8.7% rate supports investor cash flow while allowing room for renovation and market appreciation.

    Local Insight: Though national in scope, Flexi-View lending professionals bring localized knowledge to each transaction, understanding the unique dynamics of markets like Montpelier.

    Behind the Transaction

    The $4.1 million loan was spearheaded by James McDonough, an Executive Director with a track record of success in both residential and commercial real estate financing. James worked closely with the borrower to ensure the loan met their timeline and financial objectives, coordinating every step of the underwriting and due diligence process to ensure a seamless and expedited close.

    “We designed this product with the investor’s goals in mind,” McDonough said. “The borrower needed a fast close to secure the acquisition and begin renovations immediately. Our direct-lending model enabled us to underwrite efficiently and fund quickly without compromising diligence.”

    The fix-and-flip project is set to transform a dated multi-family structure into modernized residential units tailored to Montpelier’s growing population of young professionals and remote workers. Renovation plans include upgraded interiors, energy-efficient appliances, and enhanced common areas that will increase both rental appeal and asset value.

    A Growing Portfolio of Successful Projects

    The Montpelier loan is the latest in a growing series of successful transactions by Flexi-View Lending, whose portfolio includes millions in funded real estate projects across the country. From single-family rehabs in suburban communities to large-scale commercial repositioning’s in urban centers, Flexi-View Lending continues to be a trusted source of capital for savvy investors.

    “We believe in building long-term relationships with our clients,” says James McDonough. “By consistently delivering what we promise—speed, service, and strategic guidance—we become more than lenders; we become partners in success.”

    Looking Ahead

    As real estate markets continue to evolve in response to economic shifts, demand for private capital remains strong. Fix-and-flip investors are turning to direct lenders like Flexi-View Lending for financing solutions that combine speed with strategic customization.

    The Montpelier transaction reflects not only Flexi-View’s capacity to fund significant loan amounts under tight timelines, but also its commitment to supporting the revitalization of America’s smaller cities. With an eye on sustainability and long-term value creation, Flexi-View is actively expanding its lending footprint across underserved and emerging markets.

    “This is just the beginning for us in Vermont and other similar markets,” said James McDonough. “We are ready to fund more deals and support more investors who are making a positive impact.”

    About Flexi-View Lending
    Flexi-View Lending is a national provider of innovative commercial real estate financing solutions. Specializing in bridge loans, acquisition financing, and value-add opportunities, Flexi-View Lending combines deep market knowledge with fast execution to empower clients to seize critical investment opportunities. Flexi-View Lending is a premier direct private lender that specializes in fix-and-flip, bridge, and rental property loans for real estate investors nationwide. Known for its fast funding, transparent terms, and commitment to service, Flexi-View helps borrowers seize opportunities and scale their businesses with confidence. With experienced underwriters, local market insights, and a streamlined loan process, Flexi-View is redefining what investors can expect from a lending partner.

    Media Contact:
    James McDonough
    Email: info@flexi-viewlending.com
    Phone: (209) 782-8062
    Website: www.flexi-viewlending.com

    The MIL Network

  • MIL-OSI USA: Vought Refuses to Rule Out More Illegal End-Runs Around Congress & Refuses to Detail How Trump Will Execute Cuts If Rescissions Bill Passes—Murray Urges Congress to Reject Package in its Entirety

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ***WATCH and READ: Senator Murray’s opening remarks***

    ***WATCH: Senator Murray questioning Director Vought***

    ***WATCH and READ: Senator Schatz’s testimony***

    ***FACT SHEET: Rescission Package Would Devastate Local Public Radio, TV Stations Across America***

    ***FACT-FICTION: Trump’s Rescission Package Would Gut Bipartisan Foreign Policy Investments***

    Washington, D.C. — Today, during a Senate Appropriations Committee hearing on President Trump’s $9.4 billion rescission request—U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, underscored in how Republicans passing the package would devastate local public radio and TV stations nationwide, gut investments Congress has made to support longstanding bipartisan foreign policy objectives, and undermine the bipartisan annual appropriations process.

    Senator Murray and her colleagues pressed Office of Management and Budget (OMB) Director Russell Vought on all manner of details on the request and this administration’s actions, and Senator Murray specifically pressed Vought on his plans for future rescissions requests, lack of details about the current rescission package, and his plans to illegally withhold even more funding.

    Senators Brian Schatz (D-HI), Ranking Member of the State, Foreign Operations, and Related Programs Subcommittee, and Eric Schmitt (R-MO) also provided testimony on President Trump’s $9.4 billion rescission request.

    [KEY TAKEAWAYS]

    Throughout the hearing, Director Vought faced bipartisan pushback over the sweeping cuts in the package, his refusal to provide detail about what exactly the administration will cut if the package passes, and his insistence on justifying the proposed cuts with a highly-selective list of previously funded projects despite the fact that this administration now has discretion over how funding is allocated—and President Trump himself signed a majority of the funding into law himself.

    Among much else, Director Vought:

    • Refused to rule out doing an end-run around Congress through his illegal notion of a “pocket rescission.”
    • Refused to rule out doing an end-run around Congress through an illegal scheme to request sweeping deferrals under the Impoundment Control Act, run out the clock, and then unilaterally impound funding.
    • Refused to commit to getting out the funding that the Government Accountability Office has determined he is illegally impounding.
    • Repeatedly lied about this administration’s and his own office’s actions—even going so far as to absurdly claim: “We have not impounded any funding.” This despite the fact that the Government Accountability Office has now twice ruled he has illegally impounded funds in its first investigation findings (not to mention courts across America)—and despite the fact that at the very same hearing, Vought insisted impoundment is an option on the table.
    • Refused to spell out exactly how the Trump administration will cut specific programs if the rescissions package passes.

    [MURRAY’S OPENING REMARKS]

    “After Congress failed to pass full-year bills in the FY25, it is so important we pass full-year spending bills that deliver the investments that our communities need. And this hearing today asks a very important question: will Congress stand up and protect its constitutional power of the purse—and will this Committee band together to finally say, ‘enough is enough,’ and show bipartisanship still matters? Or will we, for the first time ever, pass an entirely partisan rescissions package and jeopardize the bipartisan work? I hate to be blunt—but that question is at the heart of this first rescissions request, which would gut bipartisan investments in foreign assistance, reliable local news, and high-quality educational programming,” said Senator Murray in her opening remarks. “I have offered to the Chair and others in this room to do what this Committee has always done: consider bipartisan rescissions in our bills through the annual process, which is the right way to do it. …. If President Trump and Director Vought get their way—and Republicans pass this package—they will not only gut the heart of compromise that this Committee is built around, but zero out longstanding bipartisan investments.”

    [TRUMP’S PLANS FOR MORE RESCISSION PACKAGES]

    Senator Murray began her questioning by emphasizing that Congress passes funding bills after bipartisan negotiations, and partisan rescissions packages that cut up bipartisan spending deals undermine that bipartisan negotiation process: “When I cut a deal with Chair Collins, or Senator Graham, or any of my Republican colleagues, there may be parts of it I do not like or they do not like—but we know what we agreed to and passed into law is something we can count on. And that is absolutely essential to getting the 60 votes to make this Appropriations process work. But what we are here today talking about is one party rescinding funding provided with 60 votes with just a simple majority. And if that becomes the new normal for how this body operates, that is going to make Appropriations bills extremely hard to negotiate. So, as we consider this package, this committee deserves to understand the whole picture of this administration’s plans before making a decision on this request.”

    Senator Murray asked, “So, if this package passes, do you intend to send more rescission requests to Congress?”

    Director Vought declined to rule the possibility out, stating, “Senator, that’s up to the President. It’s certainly an option that I’ve stated publicly that we will strongly consider but that’s up to the President. And you know, we will take that on a week-by-week basis. But there is more honestly than $9.4 billion that we have identified. There’s $163 billion in fiscal year 26 that we have identified for less spending than prior budgets.”

    “So, these were bills that this Committee approved on a bipartisan basis, how many packages are you talking about? And what they are?” pressed Senator Murray.

    “Again, we have—no decisions on those have been made. But we do want to see how successful this effort is,” said Director Vought, in part.

    Senator Murray said: “Correct, and I will just remind all of us that the Appropriations Committee worked on those in a bipartisan way. They were not partisan packages that were sent up. So, what I’m hearing you answer me is that there will be more. You don’t know how many more but there will be more so this Committee and this Congress could spend a lot of time going forward on requests for cuts if this package passes.”

    [VOUGHT REFUSES TO RULE OUT “POCKET RESCISSIONS,” MASS DEFERRALS]

    Senator Murray continued by pressing Director Vought on his plans to continue illegally impounding funds already appropriated by Congress, “Director Vought, when asked about this request, you have said that no matter how Congress acts on this request, impoundment is still ‘on the table.’ And, in an acknowledgement of how unpopular your cuts to bipartisan priorities are, you even publicly said you may well try to do an end-run around Congress by requesting rescissions in the last 45 days of the fiscal year, and then pretending that even if Congress fails to approve them, you can rescind those funds anyway. So, let me tell you: that is not how the law works. The President does not have a line-item-veto—much less a retroactive line-item veto. Your notion of this ‘pocket rescission’ defies common sense—and by the way the plain text of the law.”

    Senator Murray asked, “Director Vought, will you commit to this Committee that you will not attempt to do an end-run around Congress with this so-called ‘pocket rescission’—something members on both sides of this dais have made clear is outright illegal?”

    Director Vought refused to commit to not attempt the tactic, instead defending its potential use: “Senator, there’s a lot of mischaracterizations into my previous comments. I would just say that we believe that we have, under the law, numerous options with regards to how to achieve savings including rescissions that are timed at the end of the fiscal year. General Accounting Office has articulated that earlier in the life of the Impoundment Control Act.”

    “This should be a yes or no, and what I hear from you is all kinds of word salad to make sure you are letting us know that you intend to do things that are outside the intent of the law,” pushed back Senator Murray.

    “And it has also been reported that you are considering sending Congress a massive ‘deferral’ package under the ICA in an attempt to run out the clock and avoid legal scrutiny of this administration’s illegal freeze before ultimately impounding the funds at the end of the fiscal year,” Senator Murray said. “Can you commit to this Committee that there be no deferral package?”

    “We certainly are aware of the deferral provisions in the Impoundment Control Act. There are specific statutory requirements there. That if we are in a situation where funds may meet those definitions. They are certainly on the table but again we have made no decisions. The President has not made any decisions with regard to those different tools that exist. And so I’m here to talk about one package and there’s been one decision on one package, $9.4 billion,” responded Director Vought.

    “Director Vought, I just want to be clear to all of us about what’s going on here: you are actually telling Congress, in total disregard for Congress’s Article 1 powers, you and the president will just impound or rescind funds that you don’t agree with on your own,” said Senator Murray. “And Congress, I will say to all of my committee, should not stand that from this President or any President in the future. And I think that’s really important as we consider this. ”

    [REFUSAL TO PROVIDE DETAILS ON HOW ADMIN WILL MAKE CUTS]

    Senator Murray ended her questioning by addressing the complete lack of information that the Trump administration has provided about how it will seek to make the sweeping cuts it proposes: “Director Vought, to justify the $8.3 billion you propose in foreign assistance, you’ve argued that these funds were used by the Biden Administration for ‘woke’ programs or things not aligned to Trump priorities. That’s not how this works. Whatever the Biden Administration may or may not have done, most of what you are proposing, as has been talked about here, to rescind is Congress provided this Administration in the FY25 CR—the same CR that President Trump signed into law in March. And while Congress has provided instructions for target countries, and sectors, and purposes, this administration has flexibility to determine how best to meet those bipartisan objectives. So, you are waving around a tiny, cherry-picked list of past initiatives funded by those accounts. It’s irrelevant when the simple fact is you and this administration now determine how those funds are being provided by Congress and are specifically put to use. And yet, conveniently, you have not spelled out for this Committee and the public what you plan to cut if this package passes, even if you ask us to vote on it.”

    “So, will you tell us specifically, and I’m going to ask you two questions, tell us specifically which global health programs—malaria, TB, polio, funding for GAVI—are you going to cut?” inquired Senator Murray.

    Director Vought replied, “We have two main reductions in global health.”

    Senator Murray pressed, “Can you tell us specifically on any of those today?”

    “We have $500 million for family planning and $400 million to PEPFAR,” said Director Vought, again not noting specific programs or initiatives he plans to cut.

    Senator Murray continued, “But you’re not going to tell us what programs—ok. Will you tell us specifically where—the Philippines, Pacific Islands, Jordan—you’re planning to undermine American interests?”

    Director Vought replied: “Of course not. We have been very clear in all the administration’s priorities that all of our commitments in regard to Jordan and Egypt are maintained,” Director Vought said in part.

    “I assume you are unwilling to share which humanitarian crises this administration plans to walk away with, which is what we would be voting on—and that is critical information,” said Senator Murray.

    [MURRAY’S CLOSING STATEMENT]

    In closing, Senator Murray said:

    “Thank you very much Chair Collins for holding this hearing. This really is an important discussion with really enormous stakes for our communities, with local news that they rely on, whether they’ll go dark. For the world, will America keep its commitments and continue leading on the global stage? And for this Committee, will we keep focused on bipartisan funding bills or will we give that up to spend our time on a wave of partisan rescissions?

    “I’ve made really clear where I stand. I want us to keep working together to write bipartisan bills that allow us to be a strong voice for our constituents. That’s going to prove very difficult, and maybe even impossible, if this body goes down the path Trump is now calling for, a path that would let partisan rescissions rip up our bipartisan agreements.

    “I hope my colleagues will join me in rejecting this destructive request outright, and ensuring decisions about what we fund, and even potential rescissions, are made by us through the annual appropriations process.”

    MIL OSI USA News

  • MIL-OSI USA: Vought Refuses to Rule Out More Illegal End-Runs Around Congress & Refuses to Detail How Trump Will Execute Cuts If Rescissions Bill Passes—Murray Urges Congress to Reject Package in its Entirety

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ***WATCH and READ: Senator Murray’s opening remarks***

    ***WATCH: Senator Murray questioning Director Vought***

    ***WATCH and READ: Senator Schatz’s testimony***

    ***FACT SHEET: Rescission Package Would Devastate Local Public Radio, TV Stations Across America***

    ***FACT-FICTION: Trump’s Rescission Package Would Gut Bipartisan Foreign Policy Investments***

    Washington, D.C. — Today, during a Senate Appropriations Committee hearing on President Trump’s $9.4 billion rescission request—U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, underscored in how Republicans passing the package would devastate local public radio and TV stations nationwide, gut investments Congress has made to support longstanding bipartisan foreign policy objectives, and undermine the bipartisan annual appropriations process.

    Senator Murray and her colleagues pressed Office of Management and Budget (OMB) Director Russell Vought on all manner of details on the request and this administration’s actions, and Senator Murray specifically pressed Vought on his plans for future rescissions requests, lack of details about the current rescission package, and his plans to illegally withhold even more funding.

    Senators Brian Schatz (D-HI), Ranking Member of the State, Foreign Operations, and Related Programs Subcommittee, and Eric Schmitt (R-MO) also provided testimony on President Trump’s $9.4 billion rescission request.

    [KEY TAKEAWAYS]

    Throughout the hearing, Director Vought faced bipartisan pushback over the sweeping cuts in the package, his refusal to provide detail about what exactly the administration will cut if the package passes, and his insistence on justifying the proposed cuts with a highly-selective list of previously funded projects despite the fact that this administration now has discretion over how funding is allocated—and President Trump himself signed a majority of the funding into law himself.

    Among much else, Director Vought:

    • Refused to rule out doing an end-run around Congress through his illegal notion of a “pocket rescission.”
    • Refused to rule out doing an end-run around Congress through an illegal scheme to request sweeping deferrals under the Impoundment Control Act, run out the clock, and then unilaterally impound funding.
    • Refused to commit to getting out the funding that the Government Accountability Office has determined he is illegally impounding.
    • Repeatedly lied about this administration’s and his own office’s actions—even going so far as to absurdly claim: “We have not impounded any funding.” This despite the fact that the Government Accountability Office has now twice ruled he has illegally impounded funds in its first investigation findings (not to mention courts across America)—and despite the fact that at the very same hearing, Vought insisted impoundment is an option on the table.
    • Refused to spell out exactly how the Trump administration will cut specific programs if the rescissions package passes.

    [MURRAY’S OPENING REMARKS]

    “After Congress failed to pass full-year bills in the FY25, it is so important we pass full-year spending bills that deliver the investments that our communities need. And this hearing today asks a very important question: will Congress stand up and protect its constitutional power of the purse—and will this Committee band together to finally say, ‘enough is enough,’ and show bipartisanship still matters? Or will we, for the first time ever, pass an entirely partisan rescissions package and jeopardize the bipartisan work? I hate to be blunt—but that question is at the heart of this first rescissions request, which would gut bipartisan investments in foreign assistance, reliable local news, and high-quality educational programming,” said Senator Murray in her opening remarks. “I have offered to the Chair and others in this room to do what this Committee has always done: consider bipartisan rescissions in our bills through the annual process, which is the right way to do it. …. If President Trump and Director Vought get their way—and Republicans pass this package—they will not only gut the heart of compromise that this Committee is built around, but zero out longstanding bipartisan investments.”

    [TRUMP’S PLANS FOR MORE RESCISSION PACKAGES]

    Senator Murray began her questioning by emphasizing that Congress passes funding bills after bipartisan negotiations, and partisan rescissions packages that cut up bipartisan spending deals undermine that bipartisan negotiation process: “When I cut a deal with Chair Collins, or Senator Graham, or any of my Republican colleagues, there may be parts of it I do not like or they do not like—but we know what we agreed to and passed into law is something we can count on. And that is absolutely essential to getting the 60 votes to make this Appropriations process work. But what we are here today talking about is one party rescinding funding provided with 60 votes with just a simple majority. And if that becomes the new normal for how this body operates, that is going to make Appropriations bills extremely hard to negotiate. So, as we consider this package, this committee deserves to understand the whole picture of this administration’s plans before making a decision on this request.”

    Senator Murray asked, “So, if this package passes, do you intend to send more rescission requests to Congress?”

    Director Vought declined to rule the possibility out, stating, “Senator, that’s up to the President. It’s certainly an option that I’ve stated publicly that we will strongly consider but that’s up to the President. And you know, we will take that on a week-by-week basis. But there is more honestly than $9.4 billion that we have identified. There’s $163 billion in fiscal year 26 that we have identified for less spending than prior budgets.”

    “So, these were bills that this Committee approved on a bipartisan basis, how many packages are you talking about? And what they are?” pressed Senator Murray.

    “Again, we have—no decisions on those have been made. But we do want to see how successful this effort is,” said Director Vought, in part.

    Senator Murray said: “Correct, and I will just remind all of us that the Appropriations Committee worked on those in a bipartisan way. They were not partisan packages that were sent up. So, what I’m hearing you answer me is that there will be more. You don’t know how many more but there will be more so this Committee and this Congress could spend a lot of time going forward on requests for cuts if this package passes.”

    [VOUGHT REFUSES TO RULE OUT “POCKET RESCISSIONS,” MASS DEFERRALS]

    Senator Murray continued by pressing Director Vought on his plans to continue illegally impounding funds already appropriated by Congress, “Director Vought, when asked about this request, you have said that no matter how Congress acts on this request, impoundment is still ‘on the table.’ And, in an acknowledgement of how unpopular your cuts to bipartisan priorities are, you even publicly said you may well try to do an end-run around Congress by requesting rescissions in the last 45 days of the fiscal year, and then pretending that even if Congress fails to approve them, you can rescind those funds anyway. So, let me tell you: that is not how the law works. The President does not have a line-item-veto—much less a retroactive line-item veto. Your notion of this ‘pocket rescission’ defies common sense—and by the way the plain text of the law.”

    Senator Murray asked, “Director Vought, will you commit to this Committee that you will not attempt to do an end-run around Congress with this so-called ‘pocket rescission’—something members on both sides of this dais have made clear is outright illegal?”

    Director Vought refused to commit to not attempt the tactic, instead defending its potential use: “Senator, there’s a lot of mischaracterizations into my previous comments. I would just say that we believe that we have, under the law, numerous options with regards to how to achieve savings including rescissions that are timed at the end of the fiscal year. General Accounting Office has articulated that earlier in the life of the Impoundment Control Act.”

    “This should be a yes or no, and what I hear from you is all kinds of word salad to make sure you are letting us know that you intend to do things that are outside the intent of the law,” pushed back Senator Murray.

    “And it has also been reported that you are considering sending Congress a massive ‘deferral’ package under the ICA in an attempt to run out the clock and avoid legal scrutiny of this administration’s illegal freeze before ultimately impounding the funds at the end of the fiscal year,” Senator Murray said. “Can you commit to this Committee that there be no deferral package?”

    “We certainly are aware of the deferral provisions in the Impoundment Control Act. There are specific statutory requirements there. That if we are in a situation where funds may meet those definitions. They are certainly on the table but again we have made no decisions. The President has not made any decisions with regard to those different tools that exist. And so I’m here to talk about one package and there’s been one decision on one package, $9.4 billion,” responded Director Vought.

    “Director Vought, I just want to be clear to all of us about what’s going on here: you are actually telling Congress, in total disregard for Congress’s Article 1 powers, you and the president will just impound or rescind funds that you don’t agree with on your own,” said Senator Murray. “And Congress, I will say to all of my committee, should not stand that from this President or any President in the future. And I think that’s really important as we consider this. ”

    [REFUSAL TO PROVIDE DETAILS ON HOW ADMIN WILL MAKE CUTS]

    Senator Murray ended her questioning by addressing the complete lack of information that the Trump administration has provided about how it will seek to make the sweeping cuts it proposes: “Director Vought, to justify the $8.3 billion you propose in foreign assistance, you’ve argued that these funds were used by the Biden Administration for ‘woke’ programs or things not aligned to Trump priorities. That’s not how this works. Whatever the Biden Administration may or may not have done, most of what you are proposing, as has been talked about here, to rescind is Congress provided this Administration in the FY25 CR—the same CR that President Trump signed into law in March. And while Congress has provided instructions for target countries, and sectors, and purposes, this administration has flexibility to determine how best to meet those bipartisan objectives. So, you are waving around a tiny, cherry-picked list of past initiatives funded by those accounts. It’s irrelevant when the simple fact is you and this administration now determine how those funds are being provided by Congress and are specifically put to use. And yet, conveniently, you have not spelled out for this Committee and the public what you plan to cut if this package passes, even if you ask us to vote on it.”

    “So, will you tell us specifically, and I’m going to ask you two questions, tell us specifically which global health programs—malaria, TB, polio, funding for GAVI—are you going to cut?” inquired Senator Murray.

    Director Vought replied, “We have two main reductions in global health.”

    Senator Murray pressed, “Can you tell us specifically on any of those today?”

    “We have $500 million for family planning and $400 million to PEPFAR,” said Director Vought, again not noting specific programs or initiatives he plans to cut.

    Senator Murray continued, “But you’re not going to tell us what programs—ok. Will you tell us specifically where—the Philippines, Pacific Islands, Jordan—you’re planning to undermine American interests?”

    Director Vought replied: “Of course not. We have been very clear in all the administration’s priorities that all of our commitments in regard to Jordan and Egypt are maintained,” Director Vought said in part.

    “I assume you are unwilling to share which humanitarian crises this administration plans to walk away with, which is what we would be voting on—and that is critical information,” said Senator Murray.

    [MURRAY’S CLOSING STATEMENT]

    In closing, Senator Murray said:

    “Thank you very much Chair Collins for holding this hearing. This really is an important discussion with really enormous stakes for our communities, with local news that they rely on, whether they’ll go dark. For the world, will America keep its commitments and continue leading on the global stage? And for this Committee, will we keep focused on bipartisan funding bills or will we give that up to spend our time on a wave of partisan rescissions?

    “I’ve made really clear where I stand. I want us to keep working together to write bipartisan bills that allow us to be a strong voice for our constituents. That’s going to prove very difficult, and maybe even impossible, if this body goes down the path Trump is now calling for, a path that would let partisan rescissions rip up our bipartisan agreements.

    “I hope my colleagues will join me in rejecting this destructive request outright, and ensuring decisions about what we fund, and even potential rescissions, are made by us through the annual appropriations process.”

    MIL OSI USA News

  • MIL-OSI New Zealand: BLOOMBERG PHILANTHROPIES NAMES 50 GLOBAL FINALISTS IN 2025 MAYORS CHALLENGE Including Lower Hutt

    Source: Bloomberg Philanthropies

    Finalists from 33 countries will receive $50,000 and support to test breakthrough ideas for improving life in cities – In January 2026, 25 winning cities will receive $1 million each to bring their idea to life.

    New York, NY – (June 25, 2025) – Bloomberg Philanthropies today announced the 50 finalists of its latest Mayors Challenge, a competition to spur local government innovation that improves lives in cities around the world. The sixth Challenge elevates municipalities that have proposed the boldest ideas to bolster essential municipal services.

    From Boise to Belfast, Ansan to Addis Ababa, Toronto to Taipei, the 50 finalists, selected from more than 630 applications, hail from 33 countries and represent over 80 million residents. Their ideas aim to increase public transit ridership, lower household energy costs, expand urban green space, speed service response, strengthen sanitation, improve youth safety, safeguard water supply, and more.

    Each finalist city will receive $50,000 to prototype their idea. They will also participate in Bloomberg Philanthropies’ Ideas Camp in July to hone and test their concepts with feedback from experts and fellow peers. In January 2026, the 25 city halls with the most promising ideas will each be awarded $1 million and operational assistance to bring their proposals to life.

    “Local government is where people meet policy—and where government improves lives and builds trust,” said James Anderson, who leads the Government Innovation program at Bloomberg Philanthropies. “That’s why municipal innovation isn’t about grand gestures—it’s about solving hard problems under pressure, often with imperfect tools and finite resources. These Mayors Challenge finalists stand out because they’re not just thinking creatively—they’re designing solutions that reckon with the complexity of implementation and the urgency of their residents’ needs. Their proposals reflect a new standard for public sector achievement: ambitious, yes, but also grounded, disciplined, and ripe for real impact.”

    The 630 ideas submitted to the Mayors Challenge reflect some of the greatest public service challenges facing cities today—as well as the creativity that animates local governments across the globe. A third of U.S. and Canada applicants, for example, devised solutions addressing housing and shelter. Nearly half of the applicants from Africa proposed upgrades to waste collection and management. One out of five applicants from the Asia-Pacific region focused on cleaner water, air, and infrastructure, and 22 percent of European applicants sought ways to reduce poverty or enhance social inclusion.

    The 50 finalist ideas were selected for their originality, potential for impact, and credible vision for delivery. Artificial intelligence was featured in the plans of a number of finalists, including South Bend, Indiana, which envisioned a cutting-edge 311 system that anticipates complaints for non-emergency issues, such as potholes, allowing officials to address problems before a resident report. More analog innovations also rose to the top: In Yonkers, New York, city officials proposed a powerful new hyper-local civic brigade to help older neighbors age happily and healthfully in place.

    The 50 finalist cities are:

    • Abha, Saudi Arabia
    • Addis Ababa, Ethiopia
    • Ansan, South Korea
    • As-Salt, Jordan
    • Barcelona, Spain
    • Beaverton, U.S
    • Beira, Mozambique
    • Belfast, United Kingdom
    • Benin City, Nigeria
    • Boise, U.S.
    • Boston, U.S.
    • Budapest, Hungary
    • Cap-Haïtien, Haiti
    • Cape Town, South Africa
    • Cartagena, Colombia
    • Cauayan, Philippines
    • Choma, Zambia
    • Cuenca, Ecuador
    • Detroit, U.S.
    • Fez, Morocco
    • Fukuoka, Japan
    • Ghaziabad, India
    • Ghent, Belgium
    • Greater Visakhapatnam Municipal Corporation, India
    • Helsinki, Finland
    • Honolulu, U.S.
    • Kanifing, Gambia
    • Kyiv, Ukraine
    • Lafayette, U.S.
    • Lower Hutt, New Zealand
    • Maceió, Brazil
    • Marseille, France
    • Medellín, Colombia
    • Mexico City, Mexico
    • Naga, Philippines
    • Ndola, Zambia
    • Netanya, Israel
    • Nouakchott, Mauritania
    • Pasig, Philippines
    • Rio de Janeiro, Brazil
    • San Francisco, U.S.
    • Seattle, U.S.
    • Seoul, South Korea
    • Sialkot, Pakistan
    • South Bend, U.S.
    • Surabaya, Indonesia
    • Taipei, Taiwan
    • Toronto, Canada
    • Turku, Finland
    • Yonkers, U.S.

    In this round of the Bloomberg Philanthropies Mayors Challenge, more funding will be distributed and more cities will be assisted than in the previous five Challenges which each selected between five to 15 winners. 

    “Local government and mayors’ offices are the beating heart of innovation and change in our urban environments,” said Professor Lesley Lokko OBE, Founder and Chair of the African Futures Institute and 2025 Mayors Challenge advisory committee member. “It has been an honour to join Bloomberg Philanthropies’ advisory committee for the organization’s sixth Mayors Challenge, an initiative dedicated to empowering and supporting city makers around the world. I look forward to working with these 50 finalists as they advance in this extraordinary competition—strengthening their ideas which each represent the inventiveness citizens everywhere should expect from their governments—and the future of what municipal delivery has the power and potential to be.”

    “For more than a decade, Bloomberg Philanthropies has provided unprecedented support to drive local government innovation in cities across the country and around the world,” said Admiral Michael G. Mullen, President & CEO of MGM Consulting and 2025 Mayors Challenge advisory committee member. “The organization’s sixth Mayors Challenge will invest in the future of urban delivery from the ground floor of communities—and I am thrilled to join its advisory committee and work with these finalist cities on accelerating their ideas – from safeguarding water supply to carving out community spaces to integrating AI to improve student routes, and more.”

    The new Mayors Challenge builds on more than 10 years of work led by Bloomberg Philanthropies to discover, nurture, and drive innovation in cities. The awards to date across five previous rounds of competition have provided 38 winning cities with funding and technical assistance to realize their ideas for addressing civic issues. By supporting the replication of the most successful winning ideas, Bloomberg Philanthropies has expanded the impact of the Mayors Challenge to 337 other cities globally, reaching over 100 million residents around the world.

    “Bloomberg Philanthropies has provided invaluable support for cities to develop and implement innovative solutions that improve the lives of residents in ways they can feel,” said Mayor Mike Duggan of Detroit, Michigan. “Detroit is honored to be among the 50 municipalities selected from over 630 applications for the organization’s Mayors Challenge. As a finalist, we will work with renowned experts and peers to advance our proposal to create a powerful, single entry that connects currently scattered information – such as inspection dates, taxes, and utilities – on all 400,000 Detroit properties to revolutionize how owners can access this vital information, as well as how our city plans and provides its most essential services.”

    “Seoul is honored to be selected as one of the 50 finalists for the Bloomberg Philanthropies Mayors Challenge competition,” said Mayor Oh Se-hoon of Seoul, South Korea. “As a finalist, we will further our proposal to launch powerful educational campaigns and new support systems that will protect youth safety and prevent online child exploitation through the development of an AI-based mobile app that detects risks and alerts parents – while working alongside other cities to set a new standard for the future of urban policy.”

    “City halls deliver the most fundamental public services—from reliable public transport to affordable housing, clean water, sustainable environments, emergency response, and more,” said Mayor Gergely Karácsony of Budapest, Hungary. “Recognizing their potential and reach, the Bloomberg Philanthropies Mayors Challenge rewards and equips those with the most inventive ideas to lead transformations of the essential programs their communities rely on. We are honored that Budapest is one of the 50 finalists selected to further our idea to build a city-run food processing plant that can turn surplus fruits and vegetables from local markets into nutritious meals for schools and senior homes.”

    “It is an honor to be selected as a finalist for the Bloomberg Philanthropies Mayors Challenge,” said Mayor Sunita Dayal of Ghaziabad, India. “As we pursue our idea to improve our environment alongside bolstering our workforce – converting organic waste into white rooftop paint and compost to cool homes, green parks, and lower emissions while providing new job opportunities – we have a unique opportunity to incubate innovation that will move our communities forward.” 

    “Thank you to Bloomberg Philanthropies for seeing our vision to improve the quality of life for seniors across our city,” said Mayor Mike Spano of Yonkers, New York. “We are honored to be among 50 finalists selected for the prestigious global Mayors Challenge competition. As a finalist, we will look to create a fully sustainable model for community engagement – marshaling public and private partners as well as residents and students – coupled with innovative technology and tools to enable many more to age safely and gracefully in place.” 

    With the expansion of the Bloomberg Cities Idea Exchange, future Mayors Challenge-winning ideas and other locally led solutions supported by Bloomberg Philanthropies will have new potential to scale—serving as models and catalysts for how governments solve problems across the globe. 

    To learn more about the 50 finalist proposals, visit mayorschallenge.bloomberg.org

    About Bloomberg Philanthropies:
    Bloomberg Philanthropies invests in 700 cities and 150 countries around the world to ensure better, longer lives for the greatest number of people. The organization focuses on creating lasting change in five key areas: the Arts, Education, Environment, Government Innovation, and Public Health. Bloomberg Philanthropies encompasses all of Michael R. Bloomberg’s giving, including his foundation, corporate, and personal philanthropy as well as Bloomberg Associates, a philanthropic consultancy that advises cities around the world. In 2024, Bloomberg Philanthropies distributed $3.7 billion. For more information, please visit bloomberg.org,

    MIL OSI New Zealand News

  • MIL-OSI USA: Cassidy Celebrates Unanimous Committee Passage of Children and Teens’ Online Privacy Protection Legislation

    US Senate News:

    Source: United States Senator for Louisiana Bill Cassidy

    WASHINGTON – U.S. Senators Bill Cassidy, M.D. (R-LA) and Edward Markey (D-MA) celebrated the unanimous passage of their Children and Teens’ Online Privacy Protection Act (COPPA 2.0) through the Commerce Committee. The legislation would ensure children and teenagers are protected online by updating online data privacy rules for the 21st century.
    “We are proud of the momentum and broad support that our commonsense Children and Teens’ Online Privacy Protection Act is gaining from industry, advocates, and our own Senate colleagues,” said Senators Cassidy and Markey. “Today’s unanimous vote is further evidence of the broad, bipartisan commitment to protecting children and teens online. As our young people continue to face a devastating youth mental health crisis, Congress must pass COPPA 2.0 and implement these overdue safeguards for children and teens.” 
    Specifically, the Children and Teens’ Online Privacy Protection Act would: 

    Ban targeted advertising to children and teens; 

    Create an “Eraser Button” by requiring companies to permit users to delete personal information collected from a child or teen; 

    Establish data minimization rules to prohibit the excessive collection of children and teens’ data; 

    Revise COPPA’s “actual knowledge” standard to close the loophole that allows platforms to ignore kids and teens on their site; and 

    Build on COPPA by prohibiting internet companies from collecting personal information from users who are 13 to 16 years old without their consent. 

    MIL OSI USA News

  • MIL-OSI Security: [Kaahn Quest 2025] 125th Finance Battalion Leads Combined Operations Center

    Source: United States INDO PACIFIC COMMAND

    FIVE HILLS TRAINING AREA, Mongolia — As the Army Forces Command element for Khaan Quest 25, the 125th Finance Battalion, 8th Military Police Brigade, 8th Theater Sustainment Command is taking the lead on more than just contracting and finance operations, from June 14 – 29, 2025, here.

    MIL Security OSI

  • MIL-OSI Video: Understanding China’s Approach to AI

    Source: World Economic Forum (video statements)

    Understanding China’s Approach to AI

    Recent developments in AI in China have grabbed the world’s attention, as new models show important potential to compete with other advanced algorithms.

    What is unique about the country’s approach to AI and how will it evolve in a shifting global context?

    https://www.youtube.com/watch?v=a7mYXp3v3Aw

    MIL OSI Video

  • MIL-Evening Report: Parenthood or podium? It’s time Australian athletes had the support to choose both

    Source: The Conversation (Au and NZ) – By Jasmine Titova, PhD Candidate, CQUniversity Australia

    When tennis legend Serena Williams
    retired in 2022, she stated:

    If I were a guy, I wouldn’t be writing this because I’d be out there playing and winning while my wife was doing the physical labour of expanding our family.

    Many elite athletes end their sporting careers prematurely to have children, with the physical burden of pregnancy one of many barriers.

    Despite these barriers, a growing number of elite athletes are proving motherhood and elite sport are compatible and even complementary – but they need better support.

    Responding to this need, the Australian Institute of Sport (AIS) today announced new recommendations in this space, which are the most comprehensive of their kind globally.

    Just seven years out from Brisbane 2032 Olympics and Paralympics, this clearer new policy could give confidence to countless Australian athletes who are determined to become parents as well as striving for the podium.

    The push for more support

    Women can train safely during and after pregnancy but it is often practical challenges – like a lack of contract security, ranking and categorisation protection and limited access to parenting facilities – that prevent them from continuing in their sport.

    In Australia, Olympic sprint kayaker Alyce Wood, marathon runner Genevieve Gregson and water polo player Keesja Gofers have gone on to reach personal bests and career-highs after having children. These athletes have highlighted the challenges and gaps they faced along the way, despite organisational support for athlete mums improving in recent years.

    Alongside others athlete mums, they are now advocating for better support systems.

    This call to action has become increasingly urgent as women’s sport experiences unprecedented growth through increased visibility, investment and professionalisation.

    Research driving change

    Our CQUniversity research team partnered with the AIS and the Queensland Academy of Sport to develop national evidence-based recommendations to guide sporting organisations in how to support pregnant and parenting athletes.

    Underpinning these recommendations was a comprehensive series of studies spanning four years.

    The project began by exploring global findings to understand the barriers and enablers faced by elite athletes during preconception, pregnancy, postpartum and parenting.

    Our research found elite athletes encounter more than 30 unique barriers during these critical windows, including:

    • challenges planning pregnancy around sporting competitions
    • the physical impacts of pregnancy and childbirth
    • training considerations
    • the logistics and cost of caring for an infant while travelling.

    Central to these findings was sporting organisations’ lack of pregnancy and parenting policies.

    A subsequent review found only 22 out of 104 (21%) national sporting organisations had at least one policy detailing support for pregnant and parenting athletes.

    Listening to athletes and staff

    To better understand the gaps, our research team met with more than 60 elite women athletes, support staff (like coaches and health professionals) and organisational staff across 25 sports.

    We investigated the experiences and needs of elite athlete mothers and those planning children.

    We discovered the vast majority were unhappy with the level of pregnancy and parenting support provided by sporting organisations.

    They cited a lack of clear frameworks and women’s health education, prevailing stigma, discrimination and limited access to parenting facilities as key barriers.

    As one athlete shared:

    No one ever talks about it [starting a family] in my environment. It feels like a taboo topic because it’s kind of expected that it’s something you think about after sport. Like, your priority should be training and performing.

    Another athlete described:

    I’ve got a lot of friends who have also tried [returning after children] and have just not wanted to return because of the environment and lack of [organisational] support […] you have to go back to club level and then work your way back up to state and national level without any help or support.

    This input helped shape the AIS recommendations, which are the most comprehensive of their kind globally.

    They comprise of 19 policy recommendations and 89 practice recommendations (practical, actionable steps for sporting organisations to follow).

    The guide is also the first to include a suite of resources including pregnancy and return-to-sport plan templates, checklists, frameworks and helpful resources to support implementation.

    With the adoption of these recommendations, athletes will be able to:

    • disclose pregnancy on their own terms (excluding required medical clearances and safety precautions)
    • develop and regularly review a comprehensive, individualised plan guiding them through preconception, pregnancy, postpartum and parenting, in collaboration with relevant staff
    • take time away from their sport during preconception, pregnancy and postpartum without facing financial or ranking/categorisation implications
    • have continued access to facilities, services and relevant professionals during preconception, pregnancy and postpartum
    • maintain their preferred level of engagement with the sporting organisation while taking parenting leave.

    Sporting organisations adopting the recommendations should:

    • implement accessible pregnancy policies
    • educate athletes and staff on reproductive health
    • provide essential parenting facilities like designated breastfeeding and childcare spaces.

    The recommendations mark a significant step forward for women’s sport, directly addressing longstanding barriers. They will ensure women athletes receive the same basic rights and privileges standard for parents in most Australian workplaces.

    Jasmine Titova received funding from the Australian Institute of Sport and the Australian Government’s Research Training Program.

    Melanie Hayman does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. Parenthood or podium? It’s time Australian athletes had the support to choose both – https://theconversation.com/parenthood-or-podium-its-time-australian-athletes-had-the-support-to-choose-both-257725

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Electronic Health Records (EHR) Market Valued at USD 33.45 Billion in 2024, Set to Grow at 4.59% CAGR Through 2032 | AnalystView Market Insights

    Source: GlobeNewswire (MIL-OSI)

    San Francisco, USA, June 25, 2025 (GLOBE NEWSWIRE) — The Electronic Health Records (EHR) market was valued at USD 33,451.20 million in 2024 and is projected to grow at a CAGR of 4.59% from 2025 to 2032. This growth is driven by the global shift toward digital healthcare infrastructure, government mandates for record standardization, and the rising demand for efficient patient data management across hospitals, clinics, and ambulatory care centers. EHR systems are digital versions of a patient’s paper chart, offering real-time, patient-centered records that make information instantly and securely available to authorized users. They are critical for improving coordination between care providers, minimizing medical errors, and enhancing overall clinical outcomes.

    Government initiatives worldwide are playing a key role in promoting EHR adoption. Programs such as the U.S. HITECH Act, the EU’s digital health transformation goals, and India’s Ayushman Bharat Digital Mission are pushing healthcare providers toward digitization. At the same time, the rise of value-based care, telehealth, and mobile health applications has increased the need for interoperable and cloud-based EHR systems. The market is witnessing significant technological advancements, including integration with AI, predictive analytics, and mobile platforms, which enable better clinical decision-making and patient engagement. However, challenges such as high implementation costs, data privacy concerns, and interoperability issues between different systems remain key hurdles, particularly in emerging markets.

    North America dominates the global EHR market, backed by strong digital infrastructure and initiatives like the U.S. HITECH Act, which allocated over $35 billion to promote EHR adoption. Meanwhile, Asia-Pacific is emerging as the fastest-growing region, fueled by rising healthcare investments—India’s health budget rose 13% in 2023—and national digitization drives like China’s “Healthy China 2030.” Supportive policies, growing urbanization, and expanding patient volumes are accelerating EHR integration across the region, attracting global players and investors alike.

    Unlock in-depth insights and forecasts – Get your FREE sample report of the EHR market today: https://analystviewmarketinsights.com/request_sample/AV4020

    Key Players- Detailed Competitive Insights

    • Cerner Corporation
    • GE Healthcare
    • Veradigm LLC
    • Epic Systems Corporation
    • eClinicalWorks
    • Greenway Health, LLC
    • NextGen Healthcare, Inc.
    • Medical Information Technology, Inc.
    • CPSI
    • AdvancedMD, Inc.
    • Allscripts Healthcare Solutions
    • MEDHOST
    • Athenahealth
    • McKesson Corporation
    • Siemens Healthineers
    • Oracle Corporation

    Market Dynamics

    Drivers

    1. Government Mandates and Incentives: Many countries are accelerating Electronic Health Records (EHR) adoption through targeted policies. In the U.S., CMS’s Promoting Interoperability Program ties Medicare reimbursements to EHR usage. Germany’s Hospital Future Act allocated €4.3 billion for digital upgrades, while Australia’s My Health Record achieved over 90% population coverage. India’s Ayushman Bharat Digital Mission aims to create a unified health ID system, promoting seamless data exchange. These initiatives are driving global healthcare digitalization and fostering integrated patient care systems.
    2. Rising Demand for Streamlined Healthcare Delivery: For example, Mayo Clinic uses integrated EHRs to reduce duplication, streamline workflows, and access real-time patient data—cutting documentation time and improving care coordination across departments and specialties. 
    3. Growth in Telehealth and Remote Monitoring: The global shift toward telemedicine post-COVID-19 has increased the need for centralized digital records that can be accessed remotely. This trend is pushing both public and private healthcare providers to invest in cloud-based and interoperable EHR systems.
    4. Data-Driven Decision Making in Healthcare: As data becomes a core asset in personalized medicine and value-based care models, EHRs serve as critical repositories of patient history, lab reports, medications, and imaging data.

    Challenges

    • High Implementation and Maintenance Costs: The cost of deploying EHR software, training staff, and maintaining IT infrastructure can be prohibitive for small healthcare facilities, especially in developing nations.
    • Interoperability and Data Security Concerns: Although EHRs are designed to improve information sharing, achieving true interoperability across different systems remains a challenge. Moreover, the sensitive nature of health data makes security and compliance with data protection regulations (like HIPAA and GDPR) a critical issue.

    Opportunities

    • Integration with AI and analytics in EHRs enables predictive insights—such as Mount Sinai Hospital using AI models within EHRs to identify sepsis risk early, improving response time and patient outcomes. This innovation is driving demand for intelligent, data-driven systems.
    • Mobile and Cloud-Based EHRs: The adoption of mobile health apps and cloud platforms enables real-time access to health data, especially beneficial in rural and underserved regions.

    Regional Insights

    North America

    North America holds 42.50% of the global EHR market, driven by the U.S.’s early adoption and digital health funding. Epic Systems powers major hospital networks like Kaiser Permanente, while Canada’s Infoway initiative accelerates EHR integration, ensuring secure, interoperable data across provinces.

    Europe

    Europe is a mature yet fragmented market for EHRs. Countries like Germany, the UK, and the Netherlands are progressing well in EHR integration, while others lag due to privacy concerns and inconsistent digital policies. The EU’s push toward unified health records under the European Health Data Space initiative could streamline EHR adoption across member states.

    Asia-Pacific

    The Asia-Pacific region is projected to witness the fastest growth during the forecast period. Rapid urbanization, increased healthcare spending, and the digitalization efforts in countries like India, China, and Australia are major contributors. Government-backed programs such as India’s Ayushman Bharat Digital Mission and China’s Smart Healthcare initiative are significantly driving EHR deployment.

    Latin America & Middle East

    Both regions are gradually embracing EHR systems. Brazil, Saudi Arabia, and the UAE have initiated digital health reforms. However, budget constraints and a lack of infrastructure remain key barriers. International partnerships and private investments are expected to unlock growth potential in these markets.

    TABLE OF CONTENT

    1. Electronic Health Records Market Overview
    1.1. Study Scope
    1.2. Market Estimation Years
    2. Executive Summary
    2.1. Market Snippet
    2.1.1. Electronic Health Records Market Snippet By Product
    2.1.2. Electronic Health Records Market Snippet By Type
    2.1.3. Electronic Health Records Market Snippet By Business Model
    2.1.4. Electronic Health Records Market Snippet By Application
    2.1.5. Electronic Health Records Market Snippet By End Use
    2.1.6. Electronic Health Records Market Snippet by Country
    2.1.7. Electronic Health Records Market Snippet by Region
    2.2. Competitive Insights
    3. Electronic Health Records Key Market Trends
    3.1. Electronic Health Records Market Drivers
    3.1.1. Impact Analysis of Market Drivers
    3.2. Electronic Health Records Market Restraints
    3.2.1. Impact Analysis of Market Restraints
    3.3. Electronic Health Records Market Opportunities
    3.4. Electronic Health Records Market Future Trends
    4. Electronic Health Records Industry Study
    4.1. PEST Analysis
    4.2. Porter’s Five Forces Analysis
    4.3. Growth Prospect Mapping
    4.4. Regulatory Framework Analysis
    5. Electronic Health Records Market: Impact of Escalating Geopolitical Tensions
    5.1. Impact of COVID-19 Pandemic
    5.2. Impact of Russia-Ukraine War
    5.3. Impact of Middle East Conflicts
    6. Electronic Health Records Market Landscape
    6.1. Electronic Health Records Market Share Analysis, 2024
    6.2. Breakdown Data, by Key Manufacturer
    6.2.1. Established Players’ Analysis
    6.2.2. Emerging Players’ Analysis
    7. Electronic Health Records Market – By Product
    7.1. Overview
    7.1.1. Segment Share Analysis, By Product, 2024 & 2032 (%)
    7.1.2. On-premises
    7.1.3. Web & Cloud-Based EHR
    8. Electronic Health Records Market – By Type
    8.1. Overview
    8.1.1. Segment Share Analysis, By Type, 2024 & 2032 (%)
    8.1.2. Acute
    8.1.3. Outpatient
    8.1.4. Post Acute
    9. Electronic Health Records Market – By Business Model
    9.1. Overview
    9.1.1. Segment Share Analysis, By Business Model, 2024 & 2032 (%)
    9.1.2. Licensed Software
    9.1.3. Technology Resale
    9.1.4. Subscriptions
    9.1.5. Professional Services
    9.1.6. Others
    10. Electronic Health Records Market – By Application
    10.1. Overview
    10.1.1. Segment Share Analysis, By Application, 2024 & 2032 (%)
    10.1.2. Cardiology
    10.1.3. Neurology
    10.1.4. Radiology ………

    Reasons to Invest in the EHR Market

    1. Essential Role in Modern Healthcare Systems
      EHRs are no longer optional but a fundamental part of modern healthcare. As hospitals strive to improve patient care, safety, and efficiency, EHRs serve as a backbone for digital health ecosystems.
    2. Regulatory Push and Compliance Standards
      Investment in compliant EHR systems helps healthcare providers align with stringent data protection laws while avoiding penalties and securing patient trust.
    3. Increasing Healthcare Expenditure
      Globally, healthcare budgets are expanding. A significant portion is being directed toward digital infrastructure, making EHR vendors prime beneficiaries of government and institutional funding.
    4. Rising Adoption of Cloud and AI Technologies
      EHR vendors integrating cloud capabilities and AI features offer enhanced scalability, analytics, and patient engagement. These smart EHRs are more future-proof and attractive to investors.
    5. Long-Term Cost Benefits for Healthcare Providers
      Despite initial costs, EHR systems lead to long-term savings by reducing administrative workload, avoiding duplication of tests, and minimizing errors.

    Future Outlook

    The Electronic Health Records (EHR) market is poised for a tech-driven evolution, with AI integration, cloud-based platforms, and interoperability leading the way. By 2032, real-time data exchange, as seen in the U.K.’s NHS Federated Data Platform and India’s Ayushman Bharat Digital Mission, will become standard.

    Growing cybersecurity investments and patient-centric innovations are redefining EHR functionality. With global healthcare systems embracing value-based care, the market is set for intelligent, adaptive, and patient-connected growth worldwide.

    Discover the Full Study : https://analystviewmarketinsights.com/reports/report-highlight-electronic-health-records-market

    Explore More Research Titles in the Healthcare Category by AnalystView Market Insights:

    The MIL Network

  • MIL-OSI: GL Enhances 100G Ethernet Testing for High-Speed Networks

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., June 25, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their multi-port testing for high-speed network environments. As networks continue to grow in speed and complexity, the ability to test multiple ports simultaneously becomes essential. GL’s PacketExpert™ 100G enables testing across several high-speed Ethernet ports in parallel. This allows network engineers to verify performance and reliability more efficiently, while also saving space and reducing equipment needs in labs and production setups.

    [Refer to packetexpert100g-multiport.jpg]

    Vijay Kulkarni, CEO of GL Communications, states, “GL’s PacketExpert™ 100G is a scalable, multi-functional network testing appliance for comprehensive Ethernet and IP testing at speeds up to 100 Gbps. It integrates a high-performance PC with specialized NICs, GL’s PacketExpert™ software, and optimized hardware for processing, storage, and cooling. The system supports 1 Gbps, 10 Gbps, 25 Gbps, 40 Gbps, 50 Gbps, and 100 Gbps Ethernet ports, with up to eight ports capable of simultaneous wirespeed traffic generation and reception.”

    A web-based interface allows multiple users to remotely access and control devices, enabling centralized management of large multi-port test setups. Python scripting further enhances efficiency by enabling repeatable, scalable, and fully remote execution of complex test scenarios.

    Multi-port testing is essential to validate that devices with multiple high-speed ports can simultaneously handle diverse traffic streams at full line rate without errors or degradation—ensuring reliable, high-density performance in real-world environments.

    PacketExpert™ 100G supports flexible multi-port configurations using dual 100G ports with breakout cables and adapters. A single 100G port can be split into four 25G ports via a QSFP28 to 4 × SFP28 cable (4 x 25G), while a 40G port can be split into four 10G ports using a QSFP to 4 × SFP+ cable (4 x 10G), enabling simultaneous multi-rate testing without additional hardware.

    [Refer to Port Settings for 4 x 25G Mode and Port Settings for 4 x 10G Mode]

    In 4 × 25G or 4 × 10G modes, PacketExpert™ 100G activates four independent ports (Port 1 to Port 4) for concurrent Ethernet interface testing. This setup reduces device and cable requirements, saves rack space, and boosts efficiency in lab and production environments.

    PacketExpert™ 100G supports up to eight 100G ports in a 4U rack-mount chassis using multiple network interface cards, enabling extensive multi-port scalability. It performs Bit Error Rate Testing (BERT) and RFC 2544 throughput and latency measurements on up to 8 ports for 100G, 50G, 40G, and 1G, and up to 16 ports for 10G and 25G. The platform handles up to 128 unique streams (16 per port), scalable to 256 streams for 10G and 25G, allowing comprehensive ExpertSAM™ (ITU-T Y.1564) service activation testing.

    With flexible multi-rate port breakout, high-density scalability, and wide stream support, PacketExpert™ 100G is a critical tool for validating multi-port Ethernet performance in demanding network environments.

    The solution offers a full suite of test applications from physical to transport layers. These include Bit Error Rate Testing for verifying physical link integrity, Smart Loopback Testing for quick link verification, RFC 2544 for standardized benchmarking of throughput, packet loss, latency, and burst performance, ExpertSAM™ (ITU-T Y.1564) for validating SLAs across multiple streams, and Multi-Stream Traffic Generator and Analyzer (MTGA) for simulating and monitoring real-world traffic. These applications support testing across Layer 2 (Ethernet), Layer 2.5 (VLAN or MPLS), Layer 3 (IPv4 or IPv6), and Layer 4 (UDP), ensuring networks are fully prepared for high-speed, multi-service deployments.

    PacketExpert™ 100G provides advanced support for SyncE, enabling precise clock synchronization validation in high-speed Ethernet networks. It continuously monitors the incoming clock’s Quality Level using background heartbeat messages and instantly flags any degradation—crucial for time-sensitive applications like mobile backhaul, data centers, and industrial networks.

    Using Precision Time Protocol (PTP), PacketExpert™ 100G synchronizes accurately with the network’s master clock, ensuring proper time alignment across devices. This is essential for timing-critical tests such as RFC 2544 latency and ExpertSAM™ SLA validation, delivering reliable and repeatable delay and jitter measurements in complex Ethernet and IP environments.

    PacketExpert™ 100G includes robust Python APIs for automation and regression testing, ideal for continuous integration workflows. Users can remotely configure ports, run tests like BERT, RFC 2544, and Y.1564, and collect results programmatically. The platform supports parallel test execution across multiple ports and devices (1G to 100G), with real-time result monitoring and alerting—ensuring fast, repeatable, and fully automated validation of high-speed Ethernet networks.

    [Refer to Multi-port Python Script]

    About GL Communications Inc.,

    GL Communications is a global provider of telecom test and measurement solutions. GL’s solutions verify the quality and reliability of Wireless, Fiber Optic, TDM and Analog networks.

    Warm Regards,

    Vikram Kulkarni, PhD

    Phone: 301-670-4784 x114

    Email: info@gl.com

    The MIL Network

  • MIL-OSI USA: Case Opposes Homeland Security Funding Measure That Would Cripple Federal Disaster Assistance To State And Local Governments

    Source: United States House of Representatives – Congressman Ed Case (Hawai‘i – District 1)

    (Washington, DC) – U.S. Congressman Ed Case (HI-01), a member of the House Appropriations Committee and of its Subcommittee on Homeland Security, voted yesterday in the full committee against the proposed Fiscal Year (FY) 2026 Homeland Security Appropriations measure.  

    The FY 2026 Homeland Security bill proposes a total discretionary allocation of $66.4 billion to the Department of Homeland Security, an increase of $1.3 billion over the FY 2025 enacted level.

    Combined with the additional $26.5 billion for disaster response and $6.3 billion for programs offset by fee collections, the bill proposes to spend a total of $99.1 billion for the Department of Homeland Security in FY 2026. 

    The bill supports the Federal Emergency Management Agency (FEMA), U.S. Customs and Border Protection, Immigration and Customs Enforcement, U.S. Citizenship and Immigration Services, Cybersecurity and Infrastructure Security Agency (CISA), Transportation Security Administration (TSA), the U.S. Coast Guard, the U.S. Secret Service and more.

    “While the measure funds many critical Hawai‘i and Indo-Pacific priorities I requested, I regrettably had to vote against this version because it dangerously underfunds disaster mitigation and cybersecurity initiatives, ultimately leaving Americans less safe,” said Case. “The Committee also was forced to draft the bill in the dark because the administration failed to provide a detailed budget request, and this is a dangerous precedent to support.”

    In his remarks to the full committee here, Case focused specifically on critical FEMA assistance to for the Maui wildfire disaster as well as proposed cybersecurity cuts.

    Through his assignment on the Subcommittee, Case secured $1 million for the Hawai‘i Emergency Management Agency’s (HIEMA) Emergency Operations Center IT Modernization Project. This is one of Case’s Member-designated Community Project Funding (CPF) projects that specifically focuses on local needs in Hawai‘i. The project will fund the procurement and installation of touchscreen monitors for a new information wall at the emergency operations center to facilitate emergency response communications and instantaneous information sharing.

    “These facilities will share information in real time so that emergency responders can make informed decisions and take necessary actions to save lives and protect property in the event of a disaster,” said Case. 

    The House’s CPF rules require that each project must have demonstrated community support, must be fully disclosed by the requesting Member and must be subject to audit by the independent Government Accountability Office. Case’s disclosures are here.  

    Case also secured a number of other key programs and provisions for Hawai‘i, including:

    ·         $355 million for Emergency Management Performance Grants, which support state and local emergency management agencies like HIEMA. 

    ·         $360 million for FEMA’s Assistance to Firefighters Grant program, which is a major source of funding for county fire departments.

    ·         $360 million for FEMA’s Staffing for Adequate Fire and Emergency Response Grant Program. 

    ·         $60 million for increased Coast Guard operations and support funding in the Indo-Pacific, to include workforce support in housing, medical and childcare access for Coasties in Hawai‘i.

    ·         $15 million for the Coast Guard’s Honolulu Homeport Project, which funds expansion of operations and cutter maintenance activities at Base Honolulu. 

    ·         $101 million for the National Domestic Preparedness Consortium, a $10 million increase over FY 2025, which funds University of Hawaii’s National Disaster Preparedness Training Center. 

    ·         $60 million for another Coast Guard Medium Endurance Cutter to be stationed in the Indo-Pacific.  

    ·         $40 million for FEMA’s Next Generation Warning System. 

    ·         Language requiring a report on the opportunity for the Coast Guard to acquire additional pier and related space at Base Honolulu. 

    ·         Language requiring a report on unmet requirements for the infrastructure at the Coast Guard’s Air Station Barbers Point. 

    ·         Language encouraging TSA to address potential degradation of security scanning equipment at open-air airports.

     The measure also includes the following priorities requested by Case: 

    ·         $14.4 billion for the Coast Guard. 

    ·         $54 million for the National Computer Forensic Institute, through which 397 state and local law enforcement officers from agencies in Hawai‘i have received a host of forensic training courses.

    ·         Report language supporting the growth of CISA support in the Pacific Islands. 

    ·         Language requiring a report on Coast Guard engagement and needs in the Indo-Pacific. 

    ·         Language requiring a briefing on the Coast Guard’s role in combatting illegal, unreported and unregulated fishing, which is a major issue in the Indo-Pacific. 

    ·         $615 million for the Urban Area Security Initiative under FEMA. 

    ·         $520 million for the State Homeland Security Grant Program, which provides funding to protect against terrorism and other threats. 

    ·         $95 million for the Transit Security Grant Program, which protects critical transportation infrastructure from acts of terrorism. 

    ·         $105 million for the Emergency Food and Shelter Program. 

    ·         $100 million for FEMA’s Port Security Grant Program. 

    ·         $45 million for the TSA Law Enforcement Officer Reimbursement Program. 

    This measure is one of the twelve bills developed by the House Appropriations Committee that will collectively fund the federal government for FY 2026 (commencing October 1, 2025). The bill now moves on to the full House of Representatives for its consideration.   

    A summary of the bill is available here.  

    ### 

     

    MIL OSI USA News

  • MIL-OSI: Acceleware Announces RF XL 2.0

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, June 25, 2025 (GLOBE NEWSWIRE) — Acceleware® Ltd. (“Acceleware” or the “Company”) (TSX-V: AXE), a leading innovator of cutting-edge radio frequency (“RF”) power-to-heat technologies targeting process heat for critical minerals, amine regeneration (for carbon capture and other applications), and enhanced oil production, is pleased to announce details of the next generation of RF XL, (“RF XL 2.0”) and a new demonstration plan (the “Demonstration”).

    “RF XL”, Acceleware’s enhanced oil recovery (“EOR”) technology that uses RF heating to energize oil formations, is a major innovation that could potentially decarbonize heavy oil and oil sands production effectively and efficiently by materially lowering costs compared to other EOR techniques, increasing the recovery factor, and potentially stimulating investment.

    The RF XL Marwayne deployment was supported by three major operators and progressed from Technology Readiness Level (“TRL”) 4 to TRL 8, with its core technology, the Clean Tech Inverter (“CTI”) progressing to TRL 9. This deployment successfully demonstrated RF XL’s potential by heating the reservoir and increasing temperatures in the production well while achieving the highest power level and longest continuous run time for any RF based EOR technology.

    Buoyed by the initial results at Marwayne, and the promise of increased oil production with higher power, Acceleware was encouraged by funders and industry partners to upgrade and improve to next generation RF XL 2.0.  

    Key components of the RF XL 2.0 development process included:

    • Confirmed industry support for a sub-surface energy delivery system incorporating multiple technical advances over the previous RF XL design.
    • Completed a ‘ground-up’ redesign program of the subsurface RF transmission lines, culminating in a hermetically sealed energy delivery system that eliminates the possibility of water ingress.
    • Resulting benefits are a robust leak-proof design, reduced manufacturing costs, reduced well design and well completion costs, quicker well completion time, simpler and less costly wellhead design, and safer wellhead operating environment.

    Acceleware is currently seeking funding for the RF XL 2.0 Demonstration: a commercial-scale project that builds on work performed to date and could showcase RF XL’s ability to enhance recovery in heavy oil reservoirs – particularly in the Lloydminster area – and increase production while decarbonizing. A previously announced non-dilutive grant in the amount of $1.31 million from the Clean Resource Innovation Network has been withdrawn due to timing constraints – eligible costs had to have been incurred between January 1, 2024, and September 30, 2025. However, multiple non-dilutive funding calls from both provincial and federal agencies are currently available and are being pursued.

    Said Acceleware’s CEO Geoff Clark, “Combining the potential to economically produce more oil faster while decarbonizing is a compelling scenario for industry and governments alike. Once proven at commercial scale, RF XL 2.0 could serve to support Canada’s ambition to lead as a G7 energy innovator and superpower. We have a bold strategy in place to progress the technology as quickly as possible – we are keen to show the world what RF XL 2.0 can do.”

    About Acceleware: 
    Acceleware is an advanced electromagnetic heating company with cutting-edge RF power-to-heat solutions for large industrial applications. The Company’s technologies provide an opportunity to electrify and decarbonize industrial process heat applications while reducing costs. 

    The Company is working to use its patented and field proven CTI to materially improve the efficiency of amine regeneration, and has partnered with a consortium of world-class potash partners seeking to decarbonize drying of potash ore and other critical minerals. Acceleware is actively developing other process heat applications and partnerships for RF heating.  

    Acceleware’s RF XL is a patented low-cost, low-carbon RF thermal enhanced oil production technology for heavy oil that is materially different from any enhanced recovery technique used today. 

    Acceleware is a public company listed on the TSX Venture Exchange (“TSXV”) under the trading symbol “AXE”. 

    Cautionary Statements  
    This news release contains forward-looking statements and/or forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable securities laws. When used in this release, such words as “will”, “anticipates”, “believes”, “intends”, “expects”, “could” and similar expressions, as they relate to Acceleware, or its management, are intended to identify such forward-looking statements. Such forward-looking statements reflect the current views of Acceleware with respect to future events, and are subject to certain risks, uncertainties and assumptions. Many factors could cause Acceleware’s actual results, performance or achievements to be materially different from any expected future results, performance or achievement that may be expressed or implied by such forward-looking statements. Certain information and statements contained in this news release constitute forward-looking statements, which reflects Acceleware’s current expectations regarding future events, including, but not limited to: the potential benefits and commercialization of RF XL and CTI, the development and execution of a the Demonstration; the Company’s ability to successfully execute the Demonstration; the expected benefits of the Demonstration; the ability of the Company to raise sufficient capital to execute the Demonstration; potential restructuring efforts of the Company’s business lines; the potential acquisition by the Company of certain assets, deployment of RF XL 2.0; and related potential for multi-well expansion; the initiatives to be implemented by management to shift the Company’s focus from research and development to cash flow generation; the receipt of applicable approvals (including board, shareholder, and approvals of the TSXV) to implement key components of the Demonstration; the timing to complete certain increments of the Demonstration; and the impact of the Demonstration on Acceleware’s business and shareholder value. 

    Forward-looking statements are subject to known and unknown risks, uncertainties and other important factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking statements, including but not limited to: the availability of potential heavy oil production rights in western Canada, the availability of investment capital and other funding, the high degree of uncertainties inherent to feasibility and economic studies which are based to a significant extent on various assumptions; variations in commodity prices and exchange rate fluctuations; variations in cost of supplies and labour; lack of availability of qualified personnel; receipt of necessary approvals; availability of financing for technology and project development; uncertainties and risks with respect to developing and adopting new technologies; general business, economic, competitive, political and social uncertainties; change in demand for technologies to be offered by the Company; obtaining required approvals of regulatory authorities and/or shareholders, as applicable; ability to access sufficient capital from internal and external sources. For a more fulsome list of risk factors please see the Company’s December 31, 2024, year-end Management Discussion and Analysis available on SEDAR+ at www.sedarplus.ca. 

    Management of the Company has included the above summary of assumptions and risks related to forward-looking statements provided in this release to provide shareholders with a more complete perspective on the Company’s current and future operations and such information may not be appropriate for other purposes. The Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements included in this news release should not be read as guarantees of future performance or results. Accordingly, readers should not place undue reliance on forward-looking statements. The Company does not undertake to update any forward-looking statements, except in accordance with applicable securities laws. 

    Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. 

    This press release is intended for distribution in Canada only and is not intended for distribution to United States newswire services or dissemination in the United States. 

    For more information: 

    Geoff Clark 
    Tel: +1 (403) 249-9099 
    geoff.clark@acceleware.com 

    The MIL Network

  • MIL-OSI: Eureka Acquisition Corp Announces Revised Contribution to Trust Account and Terms and Conditions in Connection with Proposed Charter Amendment

    Source: GlobeNewswire (MIL-OSI)

    New York, June 25, 2025 (GLOBE NEWSWIRE) — Eureka Acquisition Corp (the “Company”) (Nasdaq: EURK), a blank check company, today announced that in connection with its previously announced extraordinary general meeting in lieu of an annual general meeting of shareholders to be held on June 30, 2025, at 9:00 a.m., Eastern Time (the “Extraordinary General Meeting”), the Company has revised the contribution to its trust account and the terms and conditions in connection with the proposal to amend the Company’s current Charter (the “Charter Amendment Proposal”).

    The Charter Amendment Proposal provides that the Company has until July 3, 2025 to complete a business combination, and may elect to extend the period to consummate a business combination up to 12 times, each by an additional one-month extension (the “Monthly Extension”), for a total of up to 12 months to July 3, 2026.

    In connection with the Charter Amendment Proposal, the revised terms and conditions (the “Revised Terms”), among the others, include:

    • If the Charter Amendment Proposal is approved, for each Monthly Extension, the amount of $150,000 shall be deposited into the trust account of the Company (the “Revised Monthly Extension Fee”) (as compared to the originally proposed amount as the lesser of (i) $60,000 for all remaining public shares and (ii) $0.03 for each remaining public share);
    • The Company will file the Current Report on Form 8-K to disclose the deposit of each Revised Monthly Extension Fee timely;
    • In the event that the Revised Monthly Extension Fee is not being deposited into the trust account by the 3rd day of each month since July 3, 2025, the Company has a period of thirty (30) days (the “Cure Period”) to pay any applicable past due payment for the Revised Monthly Extension Fee. If the Company fails to make any applicable past due payment during the Cure Period, then the Company shall immediately cease all operations, except for the purpose of winding up, and liquidate and dissolve with the same effect as if the Company failed to complete a business combination within the prescribed timeline; and
    • The Company will not withdraw any amount out of the interest from the trust account to pay its dissolution expenses.

    The record date for determining the Company shareholders entitled to receive notice of and to vote at the Extraordinary General Meeting remains the close of business on May 23, 2025 (the “Record Date”). Shareholders as of the Record Date can vote, even if they have subsequently sold their shares. Shareholders who have previously submitted their proxies or otherwise voted and who do not want to change their vote need not to take any action. Shareholders who have not yet done so are encouraged to vote as soon as possible.

    There is no change to the location, the Record Date, or any of the other proposals to be acted upon at the Extraordinary General Meeting, except as otherwise provided herein.

    Shareholders who wish to withdraw their previously submitted redemption request may do so prior to the Extraordinary General Meeting by requesting that the Company’s transfer agent return such shares by 5:00 p.m. Eastern Time on June 26, 2025.

    If you have questions regarding the certification of your position or delivery of your shares, please contact:

    Continental Stock Transfer & Trust Company
    1 State Street 30th Floor
    New York, NY 10004-1561
    E-mail: spacredemptions@continentalstock.com

    The Company’s shareholders who have questions regarding the Revised Terms, the Extraordinary General Meeting or would like to request documents may contact the Company’s proxy solicitor, Advantage Proxy, Inc., at (877) 870-8565, or banks and brokers can call (206) 870-8565, or by email at ksmith@advantageproxy.com.

    About Eureka Acquisition Corp

    Eureka Acquisition Corp is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, incorporated for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

    Forward-Looking Statements

    This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Certain of these forward-looking statements can be identified by the use of words such as “believes,” “expects,” “intends,” “plans,” “estimates,” “assumes,” “may,” “should,” “will,” “seeks,” or other similar expressions. Such statements may include, but are not limited to, statements regarding the date of the Extraordinary General Meeting and the redemption request deadline. These statements are based on current expectations on the date of this press release and involve a number of risks and uncertainties that may cause actual results to differ significantly. The Company does not assume any obligation to update or revise any such forward-looking statements, whether as the result of new developments or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.

    Additional Information and Where to Find It

    On June 3, 2025, the Company filed a definitive proxy statement with the Securities and Exchange Commission (the “SEC”) in connection with its solicitation of proxies for the Extraordinary General Meeting. The Company will amend and supplement the definitive proxy statement to provide information about the Revised Terms and the Extraordinary General Meeting. INVESTORS AND SECURITY HOLDERS OF THE COMPANY ARE URGED TO READ THE DEFINITIVE PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) AND OTHER DOCUMENTS THE COMPANY FILES WITH THE SEC CAREFULLY IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE AS THEY WILL CONTAIN IMPORTANT INFORMATION. Investors and security holders will be able to obtain free copies of the definitive proxy statement (including any amendments or supplements thereto) and other documents filed with the SEC through the web site maintained by the SEC at www.sec.gov or by contacting the Company’s proxy solicitor.

    Participants in the Solicitation

    The Company and its respective directors and officers may be deemed to be participants in the solicitation of proxies from shareholders in connection with the Extraordinary General Meeting. Additional information regarding the identity of these potential participants and their direct or indirect interests, by security holdings or otherwise, is set forth in the definitive proxy statement. You may obtain free copies of these documents using the sources indicated above.

    Contact Information:
    Fen Zhang
    Chairman and Chief Executive Officer
    Email: eric.zhang@hercules.global
    Tel: +86 135 0189 0555

    The MIL Network