Category: Technology

  • MIL-OSI USA: REMARKS: Senator Coons condemns deep cuts to humanitarian and disaster aid in moving speech on Senate floor

    US Senate News:

    Source: United States Senator for Delaware Christopher Coons
    WASHINGTON – U.S. Senator Chris Coons (D-Del.) delivered a floor speech today condemning proposed Republican-led efforts to axe humanitarian and disaster relief funding, and eliminate publicly broadcast emergency alerts for rural communities in the latest budget rescission package. The cuts, totaling approximately $9 billion, or roughly 0.1% of the federal budget, target critical aid programs including the World Food Program, UNICEF, Catholic Relief Services, Save the Children, and disaster response efforts around the globe. During his speech, Senator Coons said the cuts not only undermine America’s values, but they also betray the moral teachings at the heart of our faith traditions.
    “Jesus wept,” Senator Coons began, referencing the Gospel of John. Senator Coons warned that the proposed $9 billion in rescissions, which include drastic reductions to food assistance, refugee aid, and disaster response, would cause similar needless suffering to our most vulnerable. “For God’s justice is swift and sure, and I tremble when I think about the answer this chamber will give today to the question, who is my neighbor? Ladies and gentlemen of the Senate, we should turn aside. We should not, with this act and this vote today, make Jesus weep.”
    Despite the focus of President Trump and his Republican allies in Congress on cutting foreign aid this year, the United States spends less than 1% of its annual budget on foreign assistance. The money feeds starving children, combats epidemics overseas before they reach American shores, helps us strengthen partnerships and alliances, and is critical in helping us outcompete China.
    “I was on a bipartisan trip to the Philippines just a few months ago with Senator Ricketts, and I was struck to learn that the Philippines of all the nations on Earth is the most prone to natural disasters,” Senator Coons continued. “They value our partnership, our alliance. We’ve been security partners for decades. There’s many Filipino-Americans. There’s a close and deep relationship. But in meeting with their national leaders, their elected leaders, their senators and their ministers of their cabinet, they said, you know, it makes an incredible difference here in the Philippines: every time there’s a typhoon, there’s an earthquake, there’s a volcano, it’s the Americans who come. It’s the Americans who deliver the aid, who help us help ourselves with training and equipment and support.”
    Shortly afterward, Senator Coons offered an amendment on the Senate floor to strip out $496 million of the cuts that target international disaster relief.
    A video and transcript of Senator Coons’ remarks are available below.
    WATCH HERE.
    Senator Coons: Jesus wept. Jesus wept. Most of us who grew up in bible-believing households know this is the shortest verse in all of Scripture, and in some ways the most powerful – one that haunts me. Jesus wept in John, the 11th chapter, 35th verse, because he had come too late, seemingly, to save the life of Lazarus. He wept because someone he knew and loved had died, and it had caused such harm and loss to his family. Today we are doing something on this floor of this Senate – my Republican colleagues are doing something on the floor of this Senate – that I believe would make Jesus weep.
    In Luke, there’s a moment in the 10th chapter where a lawyer – and it’s always a lawyer – comes to test Jesus, and trying to justify himself, presses Jesus with questions: “What must I do to gain eternal life?” And Jesus says, “what does the Scripture teach?” He says, “You should love the Lord your God with all your heart, all your soul, and all your mind. And the second commandment is like unto it, you should love your neighbor as yourself.” Jesus says, “you have read well. Do this and you will gain eternal life.” But the lawyer, hoping to be justified says – “but, but, but wait. Who is my neighbor?” And what follows is the well-known parable of the good Samaritan where the righteous, the priestly, the respected, the powerful walk on the other side of the road when they encounter someone who’s been set upon by robbers. Not my problem, not my neighbor. But in the parable of the good Samaritan, it’s this person – a Samaritan from a disfavored ethnicity, someone outside the circle of concern to the ancient Israelites – who does the right thing.
    This parable would have been shocking at the time that it was preached by Jesus. The idea that the “good neighbor” was the outcast – the unexpected – would be something that frankly would have been a surprise. So although today being a ‘good Samaritan’ is a common term, it’s important to know the history. We are taught as children that we are to see all as our neighbors, not just those who live next door, not just those who look like us or speak like us or pray like us, but the widest possible definition of neighbor is what we are called through righteousness to see in the world.
    And what a difference it has made. Because our nation has for decades embraced the cause of being present, of caring, of making lifesaving differences to young mothers and children, to widows and orphans, to the imprisoned, to the hungry, to the refugee, to those fleeing oppression, to those seeking relief from authoritarian governments, for those seeking a better way. We are all God’s children, and from childhood we are taught that the Golden Rule, which appears in virtually every religion – do unto others as you would have them unto to you – is the very foundation of the goodness of America, that we care for each other as neighbors, and we care for the world as neighbors. Yes, we are the most charitable, giving, philanthropic, engaged nation on Earth. And yet all that we do in foreign aid is less than 1% of our total federal budget.
    Months ago, when Elon Musk and DOGE began roaming about the federal agencies of our government, their first target was that that delivers disaster relief, that helps feed the hungry, that helps welcome the refugee, that helps stabilize countries going through turmoil. They laid off thousands. They shut down programs. They canceled billions [of dollars]. And yet, here today we are at it again. Republicans are proposing even deeper cuts.
    I want to talk about one area of the many that will be cut, I fear, later today: disaster assistance. Our nation has been riveted as we’ve watched the tragedy that unfolded in the Texas Hill Country, where a raging river killed dozens and dozens of innocent children. And you know, around the world, when disaster strikes, it is the Americans who show up first. It is Americans who show up with relief, with assistance, with skill and talent and ability.
    It’s been this way for decades and it should be this way still. I was on a bipartisan trip to the Philippines just a few months ago with Senator Ricketts, and I was struck to learn that the Philippines, of all the nations on Earth, is the most prone to natural disasters. They value our partnership, our alliance. We’ve been security partners for decades. There’s many Filipino-Americans. There’s a close and deep relationship. But in meeting with their national leaders, their elected leaders, their senators and their ministers of their cabinet, they said, you know, it makes an incredible difference here in the Philippines: every time there’s a typhoon, there’s an earthquake, there’s a volcano, it’s the Americans who come. It’s the Americans who deliver the aid, who help us help ourselves with training and equipment and support. And you know, in the excess of DOGE’s deep cuts, they fired and laid off most of our experts who are capable of delivering world-class disaster relief.
    We saw the consequences with an earthquake in Myanmar just three months ago, where the few remaining folks who did this work were laid off as they were deployed. And instead, the response was led by the Chinese. We are driving nations into the open arms of our adversaries. We have long been known as a nation that sought to be respected, admired, believed in, embraced, not for the example of our power, but by the power of our example. That when there were dread pandemics killing millions, America showed up. 
    One of the positives of this day is that my Republican colleagues have recoiled from fully shutting down PEPFAR, and that is a positive. One of the best things we’ve ever done as a nation is to save 27 million lives across the world that otherwise would have been lost to HIV and AIDS. But I’ll tell you, when Ebola raged across Africa in 2014, I was the one member of Congress who went to Liberia at the request of the president – a Nobel Peace Prize winner, a brave and proud leader of a nation struggling facing massive losses of life. Projections at the early stages of the Ebola pandemic were that a fifth to a quarter of their population would die in a matter of weeks. And who came to help? The Americans. Catholic Relief Services, Save the Children, CARE, the U.S. military, our public health service. 
    I’ll never forget meeting a young Liberian named Alvin. He dropped out of college to become a physician’s assistant to help when the outbreak began and he in caring for patients himself contracted Ebola – a near certain death sentence. Yet, Alvin was evacuated by Americans to the Ebola treatment center set up and funded and equipped by Americans. And his life was saved by Americans. Whether it was the president of the nation, Ellen Johnson Sirleaf, or Alvin, the folks I met on that trip to Liberia thanked and praised the American people for our decency, our kindness, our seeing them as our neighbor in their moment of deepest struggle, risk, and loss. And yet today – yet today – my colleagues would rather trim one-tenth of 1% of the budget, $9 billion, to cut deeper into food aid and disaster assistance and fighting pandemics, all to justify a tax cut.
    I can think of few more despicable acts on this floor in my 15 years. I can speak to process. We have a bipartisan appropriations process where we can and should debate and consider these further cuts, and put them on the floor, and vote them up. But this is an odd thing. It’s a rescission. It is a cutting back further of money we’ve already appropriated. Just a few minutes later today, I will be trying to get votes to end $465 million of further cuts in disaster assistance that’ll be on the floor today. Taking money from the World Food Program and UNICEF, from Red Cross and Save the Children, from Catholic Relief Services and World Vision. Folks may think at home that this money that goes out to the world is money better spent here, but for the pennies on the federal dollar that we spend responding to disasters around the world, organizations we all know and the majority of us believe in and support, like the Red Cross, World Vision, or Catholic Relief Services are able to appear in time and deliver lifesaving aid. 
    Think about what we are doing. Think about the example we are setting. Think about what we are teaching our children. Open your hearts and eyes and realize what we are about to do. This is a nation of which I am so proud, and yet at times it does things of which I am so ashamed. I cannot imagine the faces in the refugee camps, in the villages, in the clinics, in the schools, in the towns, in the cities around the world, who for years have been used to the idea that when there’s a pandemic, the Americans come; that when there’s an earthquake, the Americans come; that when there is starvation, the Americans come. Today we will vote, “no, we won’t.” We are more interested in ourselves and in a bigger tax cut than we are in saving starving children, people laid low by the devastation of an earthquake, families separated by a typhoon. The best part of this nation – what truly makes us great – is our selfless giving to others. We will be judged by how we act today. For God’s justice is swift and sure, and I tremble when I think about the answer this chamber will give today to the question, who is my neighbor?
    Ladies and gentlemen of the Senate, we should turn aside. We should not, with this act and this vote today, make Jesus weep.

    MIL OSI USA News

  • UIDAI steps up efforts to deactivate Aadhaar numbers of deceased individuals, launches new reporting portal

    Source: Government of India

    Source: Government of India (4)

    In a move to curb identity fraud and unauthorised use of Aadhaar numbers, the Unique Identification Authority of India (UIDAI) has initiated a multi-pronged strategy to deactivate Aadhaar numbers of deceased individuals, the Ministry of Electronics & IT said on Wednesday. The effort aims to maintain the accuracy and integrity of the Aadhaar database, which serves as a crucial digital identity platform for residents of India and NRIs.

    Aadhaar, the 12-digit unique identity number issued by UIDAI, is never reassigned once generated. However, if not deactivated after a person’s death, these numbers could be misused. To address this concern, UIDAI has partnered with multiple stakeholders, including state governments, the Registrar General of India (RGI), banks, and other ecosystem partners, to ensure timely and validated deactivation of such Aadhaar numbers.

    As part of its ongoing efforts, UIDAI requested the RGI to share Aadhaar-linked death records through the Civil Registration System (CRS). So far, the RGI has shared approximately 1.55 crore death records from 24 States and Union Territories. After due validation, UIDAI has successfully deactivated about 1.17 crore Aadhaar numbers. For States and UTs not using the CRS, UIDAI has received an additional 6.7 lakh death records, and deactivation is currently in progress.

    Taking a further step toward empowering citizens, UIDAI launched a dedicated service – “Reporting of Death of a Family Member” – on the myAadhaar Portal on June 9, 2025. This digital service currently covers 24 CRS-enabled States/UTs and allows a family member to report the death by submitting the deceased’s Aadhaar number, Death Registration Number, and other demographic details after self-authentication. The submitted data undergoes a thorough validation process before the Aadhaar number is deactivated. Efforts are underway to extend this service to the remaining States and UTs.

    UIDAI is also considering acquiring death records from banks and other Aadhaar ecosystem partners that may maintain such data, adding another layer of information verification.

    In another unique initiative, UIDAI has launched a pilot program with state governments to verify the status of Aadhaar holders aged over 100 years. The demographic details of these individuals are being shared with state authorities to confirm whether they are alive. Based on the feedback, UIDAI will proceed with appropriate validations and deactivate the Aadhaar numbers where necessary.

    UIDAI has urged citizens to report the death of any family member on the myAadhaar Portal after obtaining a valid death certificate from the registering authorities. This, the Authority states, is crucial to prevent misuse of the deceased’s Aadhaar number and to ensure the overall sanctity of the national identity database.

  • MIL-OSI: Lightchain AI Confirms Late July 2025 Mainnet Launch to Advance AI-Powered Blockchain Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI has officially announced that its mainnet will go live in late July 2025. This upcoming launch introduces a next-generation decentralized platform purpose-built to execute artificial intelligence tasks across a scalable, transparent, and community-driven blockchain network.

    Lightchain AI’s infrastructure is centered around two key components: the Artificial Intelligence Virtual Machine (AIVM) and the Proof of Intelligence (PoI) consensus mechanism. Together, these features allow participating nodes to process AI model training and inference tasks in real time, rewarding them with native tokens based on verifiable contributions.

    By repurposing blockchain energy use toward useful, privacy-preserving computations, the protocol sets a new precedent for how decentralized networks can support intelligent applications while maintaining sustainability and performance.

    “We’re proud to confirm the late July mainnet launch of Lightchain AI,” said a project spokesperson. “This marks a major milestone toward building a decentralized framework where AI execution is both efficient and secure, and where developers can bring meaningful use cases to life.”

    Key components of the Lightchain AI ecosystem include:

    • Proof of Intelligence (PoI): A new consensus model that verifies and rewards AI-based computations
    • Artificial Intelligence Virtual Machine (AIVM): Executes decentralized AI tasks using federated learning and zero-knowledge proofs
    • Gas Optimization: Dynamically adjusts fees based on task complexity and network activity
    • Developer Resources: APIs, SDKs, and a public GitHub repository (to be released post-launch)
    • Scalability Solutions: Native support for sharding and Layer 2 integrations
    • Incentive Program: $150,000 grant fund to support development of oracles, data tools, and dApps

    Lightchain AI completed 15 presale stages and raised $21.1 million in early participation. A Bonus Round remains active at a fixed price of $0.007, available through the official platform using ETH or USDT.

    Following the mainnet launch, the team will begin onboarding validators and contributors, while continuing to expand technical documentation and community governance resources. The roadmap also includes support for cross-chain integrations, additional performance enhancements, and ecosystem partnerships aimed at increasing adoption across AI and Web3 communities.

    The upcoming launch invites developers, researchers, and early adopters to participate in shaping the future of decentralized AI and explore new applications powered by transparent infrastructure.

    For more details and to join the Bonus Round:

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

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

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

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/e84d2723-061e-4f7c-9253-2ef3537ee495

    The MIL Network

  • MIL-OSI Australia: Straight from the source – July 2025

    Source: New places to play in Gungahlin

    July marks the beginning of a new financial year – a time for all taxpayers including not-for-profits (NFP) to reset, review, and refocus. It’s also tax time, and with that comes the opportunity to strengthen financial foundations, plan for the year ahead, and ensure your NFP is on track to deliver impact.

    The start of July is also a time of deep cultural significance as we celebrate NAIDOC Week. This year marks 50 years of honouring Aboriginal and Torres Strait Islander peoples, and the theme ‘The Next Generation: Strength, Vision & Legacy’ invites us to reflect on the past, empower the present, and invest in the future. It’s a call to honour the legacy of Elders, uplift young Indigenous leaders, and commit to building a future grounded in respect and inclusion.

    At the opening of NAIDOC Week, I was visiting Rainbow Beach in Cooloola, Queensland, where I respectfully acknowledged the traditional lands of the Butchulla and Kabi Kabi peoples. Wherever I travel across Australia, I make it a point to acknowledge the Traditional Owners and learn about Indigenous history – especially the stories that have been passed down through generations. It’s part of my personal commitment to reconciliation.

    On this trip, I discovered that in December 2019, the Federal Court formally recognised the Butchulla people’s native title rights over land and waters between Rainbow Beach and Burrum Heads. This followed their first determination in 2014, which acknowledged their rights over K’gari (Fraser Island). I also came across the beautiful legend behind Rainbow Beach’s name. According to the Kabi Kabi people, the rainbow-coloured dunes – now heritage-listed – were formed when Yiningie, a spirit represented by a rainbow, plunged into the cliffs after battling an evil tribesman who was pursuing the maiden Murrawar. These stories are powerful reminders of the deep spiritual connection between land and culture.

    As we continue to celebrate NAIDOC Week and every day after, let’s continue to listen, learn, and honour the legacy of Aboriginal and Torres Strait Islander peoples – past, present, and future.

    For not-for-profits, this is a timely reminder to:

    • Recognise the legacy of First Nations Elders and leaders who have paved the way.
    • Support the strength and vision of young Indigenous changemakers.
    • Review your organisation’s role in fostering culturally safe and inclusive spaces.
    • Build partnerships with First Nations organisations that uplift community voices.

    Here are some additional important messages I’d like to share with all NFPs.

    Tax Time 2025: lodge your NFP self-review return today!

    Tax Time 2025 kicked off on 1 July, and the second NFP self-review return is now open for lodgment, and due by 31 October 2025.

    We understand that many NFPs haven’t yet lodged their first return – often due to the time needed to set up access to Online services for business. But don’t wait! You can lodge your return now while completing your digital setup.

    Lodge using our self-help phone service by calling 13 72 26 – have your organisation’s ABN and the reference number from your ATO letter ready when you call.

    If your NFP doesn’t have a letter from us with a reference number, phone us on 13 28 66 to ask us to resend a letter. When you phone us, you’ll have to prove you are authorised to contact us on behalf of your NFP.

    The ATO will support NFPs trying to do the right thing and has suspended penalty application for late lodgment of the 2023–24 NFP self-review return as part of the transitional support arrangements for the sector. 

    However, penalties may apply if you don’t lodge your 2024–25 NFP self-review return by the due date.

    Shaping a strategic roadmap for the NFP sector

    At our upcoming NFP Stewardship Group session, we’ll focus on developing a strategic roadmap to guide tax, superannuation, and registry administration through to 2030 and beyond. This initiative reflects our commitment to building a system that is streamlined, fit for purpose, and aligned with the government’s goal of doubling philanthropy by 2030.

    So far, we’ve engaged a diverse range of stakeholders through targeted interviews to gather insights on common challenges, barriers, and opportunities. Their contributions are helping us shape a roadmap that supports NFPs in meeting their obligations with confidence, while enhancing public trust in the sector.

    The response from the sector has been overwhelmingly positive, with many expressing interest in joining the Stewardship Group and contributing to this important work. These sessions mark the beginning of a collaborative journey, with many opportunities ahead for stakeholders to contribute, test, and validate ideas before any commitments are made.

    Once finalised, the roadmap will outline a coordinated set of projects and activities designed to ensure the sector is well-positioned for long-term sustainability and compliance. We look forward to continuing this work with the broader stakeholder community in the months ahead.

    We continue to receive Deductible Gift Recipient (DGR) applications from NFP organisations that do not meet the open membership requirements under the community sheds category.

    Community sheds are charities whose dominant purpose is to advance mental health and prevent or relieve social isolation. A community shed must be open to the community to join and generally not impose criteria restricting membership based on matters such as age, ethnicity or background. Rejecting an application for arbitrary reasons will not constitute open membership.

    Membership may only be restricted in relation to gender or Indigenous heritage or both.

    To meet the open membership requirement, community sheds must:

    • have a clear policy and process for nominating and approving all new members without exception
    • ensure this process is reflected in their governing rules
    • avoid clauses that allow committee members to reject applicants for unspecified or arbitrary reasons.

    We encourage all applicants to review their governing documents carefully and ensure they align with the ATO’s requirements before submitting a DGR application.

    If you have questions or need support, our advice service on 1300 130 248 is here to help between 8:00 am to 6:00 pm AEST, Monday to Friday.

    Community charities that are already listed in a Ministerial Declaration and have registered as a charity with the Australian Charities and Not-for-profits Commission (ACNC), can now contact us for guidance on how to apply for DGR endorsement. The best way is to call our dedicated NFP Advice Service on 1300 130 248 between 8:00 am and 6:00 pm, Monday to Friday. Alternatively, you can email atoendorsements@ato.gov.au

    Support through Australian disaster relief funds (ADRF)

    In times of disaster, Australians come together to support those in need. An Australian disaster relief fund (ADRF) is a public fund established exclusively to provide financial assistance to individuals and communities affected by officially declared disasters. This includes both immediate aid and long-term support for community recovery.

    You can also make a meaningful impact by donating to established DGRs operating in affected areas. These may include public benevolent institutions (PBIs) and other public assistance organisations that provide similar support in their day-to-day operations. By contributing to trusted organisations, your donation helps deliver timely and effective relief to those who need it most.

    The most recent updates to the list of declared disasters are:

    • Ex-Tropical Cyclone Alfred declared on 1 March 2025
    • Queensland Floods (March 2025) declared on 21 March 2025
    • New South Wales Floods (May 2025) declared on 18 May 2025.

    Details of the declared disasters are available on the Australian Taxation Office website on the list of disasters or by going to www.ato.gov.au and searching for QC 18912.

    Ancillary Funds

    In the lead-up to the end of the financial year, we received a noticeable increase in enquiries to our advice service from ancillary funds.

    A reminder to all private and public ancillary funds – each is governed by its own set of guidelines, which must be followed to ensure compliance.

    Website updates

    You may have noticed that our website content for DGR endorsement has been updated. While the content remains largely unchanged the information has been organised so that it can be accessed more easily, and you will notice that it has been arranged in five tiles that cover:

    1. DGR categories
    2. DGR reforms
    3. Applying for DGR endorsement
    4. Rules and tests for DGR endorsement
    5. Progress of your endorsement application.

    Similarly, all the NFP self-review return information has been reviewed and updated as of 8 July 2025.

    We’re reviewing and rewriting TD 93/190 to update legislative references and clarify the criteria NFP organisations must meet to qualify for an income tax exemption.

    The revised ruling will:

    • reflect current legislation, including all special conditions under Subdivision 50A of the Income Tax Assessment Act 1997
    • explain how ‘community service purposes’ should be interpreted
    • include relevant case law and practical examples of NFP entities that do and do not qualify for the exemption.

    Getting tax ready: your EOFY checklist

    As you can see, there’s a lot happening in July – and it’s never too late to get tax ready! Whether you’re finalising reports or planning ahead, here are some key reminders to help your NFP stay on track:

    • Review your financial records – make sure everything is accurate and up to date.
    • Finalise payroll and superannuation – ensure all obligations are met before deadlines.
    • Prepare your annual reporting – this includes ACNC submissions, any grant acquittals, Ancillary Fund Returns, NFP self-review returns and Income tax lodgments.
    • Acknowledge your donors – send out end-of-year receipts and thank-you messages.
    • Plan for the year ahead – reflect on your impact, set goals, and build a strong foundation.

    Tax time is also a great opportunity to highlight your achievements. Share your impact, thank your supporters, and show how their support and contributions have made a real difference.

    Let’s start the new financial year with clarity, confidence, and purpose.

    Take care and stay safe,

    Jennifer.

    MIL OSI News

  • MIL-OSI: Bitget Joins Ondo’s Global Markets Alliance to Expand Global Access to Over Hundred Tokenized RWAs

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 17, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has officially joined the Global Markets Alliance, a collaborative initiative designed to align industry standards and promote interoperability for tokenized securities by Ondo Finance. This alliance brings together top players across the digital asset ecosystem to accelerate the adoption and accessibility of tokenized real-world assets (RWAs), including tokenized stocks, ETFs, and more.

    As part of this partnership, Bitget users will soon be able to access over 100 tokenized U.S. equities, ETFs, and money market funds, expanding their investment universe beyond traditional crypto assets. The new offerings will go live on Bitget later this summer, aligning with the platform’s vision of enabling users to trade smarter and build diversified, resilient portfolios across varied markets.

    Tokenized RWAs are an emerging segment in digital assets, created by the fusion of traditional finance and blockchain technology. By wrapping real-world assets, like equities, into blockchain-based tokens, they allow for 24/7 trading, lower barriers to entry, fractional ownership, and global accessibility. Features that are often limited or entirely unavailable in traditional financial systems are widely utilized.

    “Tokenization will be the major driver of the next phase of digital asset adoption, its market is projected to reach trillions of dollars in the coming years. Supporting tokenized stocks is a step closer to our goal to help users trade smarter,” said Gracy Chen, CEO at Bitget. “Through our partnership with Ondo and the Global Markets Alliance, we’re contributing to a more global, liquid, accessible, and inclusive financial market.”

    Ondo’s Global Markets Alliance was created to bring together trusted infrastructure partners, exchanges, custodians, and DeFi platforms to unlock borderless access to high-quality financial products. Its mission is to build a more open, inclusive, and interoperable financial system powered by tokenized assets. Founding members of the alliance include industry leaders such as Solana Foundation, LayerZero, Jupiter, Trust Wallet, Rainbow Wallet, BitGo, Fireblocks, 1inch, Alpaca, and now Bitget, among others.

    “Bringing Ondo’s tokenized stocks and ETFs to Bitget will represent a significant step forward in our mission to make global financial markets accessible onchain. Bitget’s expansive user base will become a critical platform for onchain access to US equities as we continue building the infrastructure for institutional-grade onchain capital markets.” — Nathan Allman, CEO & Founder, Ondo Finance

    With over 700 tokens listed and daily trading volume surpassing 3.5 billion USDT, Bitget ranks as the third-largest spot exchange globally according to CoinGecko. The addition of tokenized stocks and ETFs enable Bitget as an extensive ecosystem of crypto products, helping users navigate both digital and traditional assets.

    About Bitget

    Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a leading non-custodial crypto wallet supporting 130+ blockchains and millions of tokens. It offers multi-chain trading, staking, payments, and direct access to 20,000+ DApps, with advanced swaps and market insights built into a single platform.

    Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

    For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet
    For media inquiries, please contact: media@bitget.com

    Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ae0898b9-37f8-4bb9-be24-7ad71464ce89

    The MIL Network

  • MIL-OSI Australia: Promised and delivered: CIT Woden Campus officially open!

    Source: Northern Territory Police and Fire Services

    As part of ACT Government’s ‘One Government, One Voice’ program, we are transitioning this website across to our . You can access everything you need through this website while it’s happening.

    Released 17/07/2025

    The ACT Government is today celebrating the grand opening of the new state-of-the-art Canberra Institute of Technology (CIT) Woden campus.

    CIT Woden is part of the ACT Government’s $14 billion Infrastructure Plan, ensuring Canberra remains one of the world’s most liveable cities as our community grows.

    Up to 6,500 students each year are expected to attend CIT Woden, which welcomes students from next Monday, 21 July for the start of Semester 2. Spanning 22,500 square metres across five levels, CIT Woden contains 66 learning spaces that will support 24 different industry areas.

    CIT Woden is designed to support the skills Canberra needs now and into the future, with a diverse range of courses in areas such as information technology, cyber security, photography, business, hospitality, hairdressing, creative industries and more. Students and the community can also enjoy amenities like a student-operated restaurant, hair and beauty salon, as well as the vibrant public spaces.

    Minister for Skills, Training and Industrial Relations, Michael Pettersson, said the new campus was a game-changer in delivering quality vocational education in the ACT, and has transformed the Woden Town Centre into a vibrant learning hub.

    “We promised to deliver a world-class education precinct in Woden, and we’ve delivered. The training facilities and learning spaces at the new CIT Woden are second to none,” Minister Pettersson said.

    “Students of all ages are going to love this modern and sustainable facility, and we’ve already had a lot of positive feedback from CIT staff who are starting to feel right at home in their new surroundings. This is another example of the ACT Government building Canberra’s future and providing the next generation with the opportunity to gain the skills needed for their chosen careers.”

    CIT Woden is a sustainable, environmentally friendly campus. All electric commercial kitchens and training restaurants, as well as an array of solar panels, will help contribute to the ACT Government’s goal of achieving net-zero emissions by 2045. The main building’s structure, floors and architectural finish are crafted from cross-laminated timber and glue-laminated timber sustainably sourced and manufactured in Australia.

    Designing with Country has been a guiding principle for the CIT Woden Campus project, from the Brindabellas inspired ‘Walking the Ridgeline’ façade, to reflecting a silhouette of a ‘Mulleun’, or wedge-tailed eagle through the ‘Oculus’ sky light, at the top of level five.

    More than 520 local jobs and apprenticeships were created during construction of CIT Woden, while construction partner, Lendlease, provided nearly 8,000 hours of training during construction.

    – Statement ends –

    Michael Pettersson, MLA | Media Releases

    «ACT Government Media Releases | «Minister Media Releases

    MIL OSI News

  • MIL-OSI USA: Wyden, Merkley Join Colleagues to Introduce Bill to Safeguard Consumers from Online Subscription Traps

    US Senate News:

    Source: United States Senator Ron Wyden (D-Ore)

    July 16, 2025

    Washington, D.C. – U.S. Senators Ron Wyden and Jeff Merkley said today they are joining colleagues in reintroducing legislation that would protect consumers in Oregon and nationwide from online free trial scams and hard-to-cancel recurring-payment programs.

    The Consumer Online Payment Transparency and Integrity (OPT-IN) Act puts the responsibility on companies rather than consumers when it comes to subscriptions and memberships, including a shift from “opt-out” default conditions  to “opt-in.” This reintroduction comes after the U.S. Court of Appeals for the Eighth Circuit last week vacated the Federal Trade Commission’s 2023 “click to cancel” rule, which would have made it easier to get out of unwanted subscriptions. 

    “Unexpected charges and confusing websites can make unsubscribing from a service a headache,” Wyden said. “Relief was in sight, but Donald Trump’s administration killed new protections for consumers and handed a huge gift to his corporate pals. I’m proud to work with Sen. Van Hollen and my colleagues on the OPT-IN Act to ensure it’s just as easy for Americans to unsubscribe from services as it is to sign up.”

    “Consumers shouldn’t have to jump over roadblocks from greedy corporations to cancel a subscription,” Merkley said. “Our bill will make it as simple to cancel a subscription as it is to sign up – no tricks, no gimmicks, no waiting on hold. Let’s pass this common-sense solution that makes sure Americans know what they’re signing up for.”

    Companies increasingly use free trial offers and unclear terms and conditions to trap consumers into subscriptions. Additionally, companies often use software and interfaces that subtly trick users, making it harder for consumers to end these subscriptions and stop unwanted charges. While the FTC has dedicated significant resources to combating the worst of these business practices, more action is needed to effectively deter companies from employing these practices and better protect consumers.

    Specifically, the Consumer OPT-IN Act would: 

    • Require companies to get express informed consent from consumers before converting free trials into automatically renewing contracts and charging consumers.
    • Require companies to notify consumers of the first automatic renewal and obtain express informed consent from consumers before automatically renewing long-term contracts. 
    • Require that companies offering contracts that automatically renew on a short-term basis get express informed consent from consumers annually. 
    • Require companies that have knowledge that a consumer isn’t using their product or service for 6 months to get the consumer’s express informed consent to continue billing, and allow consumers to request a refund for the remaining portion of the contract. 
    • Provide consumers with refunds when violations occur.
    • Give the FTC rulemaking authority over negative option contracts, automatic renewals, and dark patterns.

    The legislation is led by Senator Chris Van Hollen, D-Md., and Representative Yvette D. Clarke, D-N.Y. Along with Wyden and Merkley, the bill is cosponsored by Senators Richard Blumenthal, D-Conn., John Fetterman, D-Pa., Kirsten Gillibrand, D-N.Y., Mazie Hirono, D-Hawai’i, Ben Ray Luján, D-N.M., Jack Reed, D-R.I., Bernie Sanders, I-Vt., Peter Welch, D-Vt.,  and Representatives Robin Kelly, D-Ill., and Doris Matsui, D-Calif.

    This legislation is endorsed by Public Citizen, National Consumer Law Center, Consumer Action, Americans for Financial Reform, and American Economic Liberties Project.

    The text of the bill is here.

    MIL OSI USA News

  • MIL-OSI Russia: NSU student creates app for recognition, digitization and analysis of classical Tibetan texts using machine learning

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    A system for automatic recognition and transliteration of texts in classical Tibetan, focused on old printed documents made using Tibetan syllabic writing, which goes back to the ancient Indian Brahmi script, was created by a student of the Fundamental and Applied Linguistics program working at the Institute of Mathematics and Mathematical Geophysics of the Siberian Branch of the Russian Academy of Sciences. Humanitarian Institute of Novosibirsk State University Anna Murashkina. In her research, she used images of pages of classical Tibetan texts from the 18th-20th centuries from the archive of the Center for Oriental Manuscripts and Xylographs of the Institute of Mongolian, Buddhist and Tibetan Studies of the Siberian Branch of the Russian Academy of Sciences.

    — The relevance of my work is due to the need to preserve and make digitally accessible the Tibetan cultural heritage, presented in the form of many historical manuscripts. Old printed documents, manuscripts and xylographs contain unique information about philosophy, religion, medicine, history and art, playing a key role in the study of the cultural traditions of the region. This knowledge is passed down from generation to generation in Tibet. However, over time, under the influence of natural and anthropogenic factors, paper media are subject to physical destruction, which leads to the loss of priceless information and limits access to these unique materials. Currently, the Tibetan Fund of the Institute of Mongolian, Buddhist and Tibetan Studies of the Siberian Branch of the Russian Academy of Sciences contains up to 70 thousand units of chronicles that are at risk of being lost. One of the most reliable ways to preserve and systematize historical documents is to digitize them, — said Anna Murashkina.

    The young researcher set herself the task of using machine learning to build a model that would recognize Tibetan alphabet symbols from images, translate them into machine-readable form, and at the same time show greater accuracy than existing open solutions, including Tesseract.

    — To do this, I manually performed linguistic markup of Tibetan text lines from the IMBT SB RAS collection. Then, taking into account the specifics of Tibetan graphics, I developed a system for assessing the quality of optical character recognition (OCR). Then I compared existing architectures and chose a convolutional neural network model, which required additional training, — explained Anna Murashkina.

    She implemented additional training of the model on a marked corpus of documents, and as a result, a complete modular OCR algorithm was created, including the stages of pre-processing, segmentation, recognition and post-processing.

    — For me, the value of the project is that I helped digitize an archive that stores history — documents created by people of the past who wanted to pass on their knowledge to future generations. I am glad that I am helping to transfer this knowledge through time, preserve it and make it available to a wider audience. My development will be used by employees of the Institute of Mongolian, Buddhist and Tibetan Studies of the Siberian Branch of the Russian Academy of Sciences. The possibility of cooperation with the Buddhist Center for Digital Technologies, which digitizes the archives of temples and monasteries, is also being discussed. In cooperation with this organization, we will expand the possibilities of digitizing Tibetan manuscripts using open resources developed jointly with researchers from organizations in different countries, so that later everyone can touch this priceless heritage and get acquainted with the documents that are in temples and archive repositories, — said Anna Murashkina.

    Material prepared by: Elena Panfilo, NSU press service

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for July 17, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on July 17, 2025.

    Do women really need more sleep than men? A sleep psychologist explains
    Source: The Conversation (Au and NZ) – By Amelia Scott, Honorary Affiliate and Clinical Psychologist at the Woolcock Institute of Medical Research, and Macquarie University Research Fellow, Macquarie University klebercordeiro/Getty If you spend any time in the wellness corners of TikTok or Instagram, you’ll see claims women need one to two hours more sleep than

    I created a Vivaldi-inspired sound artwork for the Venice Biennale. The star of the show is an endangered bush-cricket
    Source: The Conversation (Au and NZ) – By Miriama Young, Associate Professor Music Composition, Melbourne Conservatorium of Music, The University of Melbourne Marco Zorzanello It was late January when I got the call. I’m asked to bring my sound art to a collaborative ecology and design project, Song of the Cricket, for the Venice Biennale

    Is it okay to boil water more than once, or should you empty the kettle every time?
    Source: The Conversation (Au and NZ) – By Faisal Hai, Professor and Head of School of Civil, Mining, Environmental and Architectural Engineering, University of Wollongong Avocado_studio/Shutterstock The kettle is a household staple practically everywhere – how else would we make our hot drinks? But is it okay to re-boil water that’s already in the kettle

    What does Australian law have to say about sovereign citizens and ‘pseudolaw’?
    Source: The Conversation (Au and NZ) – By Madeleine Perrett, PhD Candidate in Law, University of Adelaide Armed with obscure legal jargon and fringe interpretations of the law, “sovereign citizens” are continuing to test the limits of the Australian justice system’s patience and power. A few weeks ago, two Western Australians were jailed for 30

    Is childbirth really safer for women and babies in private hospitals?
    Source: The Conversation (Au and NZ) – By Hannah Dahlen, Professor of Midwifery, Associate Dean Research and HDR, Midwifery Discipline Leader, Western Sydney University A study published this week in the international obstetrics and gynaecology journal BJOG has raised concerns among women due to give birth in Australia’s public hospitals. The study compared the outcomes

    We were part of the world heritage listing of Murujuga. Here’s why all Australians should be proud
    Source: The Conversation (Au and NZ) – By Jo McDonald, Professor, Director of Centre for Rock Art Research + Management, The University of Western Australia Senior Ranger, Mardudunhera man Peter Cooper, oversees the Murujuga landscape Jo McDonald, CC BY-SA On Friday, the Murujuga Cultural Landscape in northwest Western Australia was inscribed on the UNESCO World

    Is our mental health determined by where we live – or is it the other way round? New research sheds more light
    Source: The Conversation (Au and NZ) – By Matthew Hobbs, Associate Professor and Transforming Lives Fellow, Spatial Data Science and Planetary Health, Sheffield Hallam University Photon-Photos/Getty Images Ever felt like where you live is having an impact on your mental health? Turns out, you’re not imagining things. Our new analysis of eight years of data

    The secret stories of trees are written in the knots and swirls of your floorboards. An expert explains how to read them
    Source: The Conversation (Au and NZ) – By Gregory Moore, Senior Research Associate, School of Agriculture, Food and Ecosystem Sciences, The University of Melbourne Magda Ehlers/Pexels, CC BY Have you ever examined timber floorboards and pondered why they look the way they do? Perhaps you admired the super-fine grain, a stunning red hue or a

    Tasmania is limping towards an election nobody wants. Here’s the state of play
    Source: The Conversation (Au and NZ) – By Robert Hortle, Deputy Director, Tasmanian Policy Exchange, University of Tasmania In the darkest and coldest months of the year, Tasmanians have been slogging through an election campaign no one wanted. It’s been a curious mix of humdrum plodding laced with cyanide levels of bitterness, with the most

    What is astigmatism? Why does it make my vision blurry? And how did I get it?
    Source: The Conversation (Au and NZ) – By Flora Hui, Research Fellow, Centre for Eye Research Australia and Honorary Fellow, Department of Surgery (Ophthalmology), The University of Melbourne Ground Picture/Shutterstock Have you ever gone to the optometrist for an eye test and were told your eye was shaped like a football? Or perhaps you’ve noticed

    From Sister Rosetta Tharpe to Ronnie Yoshiko Fujiyama: how electric guitarists challenge expectations of gender
    Source: The Conversation (Au and NZ) – By Janelle K Johnstone, Associate Lecturer Crime, Justice and Legal Studies, PhD Candidate School of Social Inquiry, La Trobe University American gospel singer and guitarist Sister Rosetta Tharpe playing a Gibson Les Paul electric guitar on stage in 1957. Chris Ware/Keystone Features/Hulton Archive/Getty Images I’ve been playing a

    Ken Henry urges nature law reform after decades of ‘intergenerational bastardry’
    Source: The Conversation (Au and NZ) – By Phillipa C. McCormack, Future Making Fellow, Environment Institute, University of Adelaide Former Treasury Secretary Ken Henry has warned Australia’s global environmental reputation is at risk if the Albanese government fails to reform nature laws this term. In his speech to the National Press Club on Wednesday, Henry

    David Robie: New Zealand must do more for Pacific and confront nuclear powers
    Rongelap Islanders on board the Greenpeace flagship Rainbow Warrior travelling to their new home on Mejatto Island in 1985 — less than two months before the bombing. Image: ©1985 David Robie/Eyes of Fire He accused the coalition government of being “too timid” and “afraid of offending President Donald Trump” to make a stand on the

    First-hand view of peacemaking challenge in the ‘Holy Land’
    Occupied West Bank-based New Zealand journalist Cole Martin asks who are the peacemakers? BEARING WITNESS: By Cole Martin As a Kiwi journalist living in the occupied West Bank, I can list endless reasons why there is no peace in the “Holy Land”. I live in a refugee camp, alongside families who were expelled from their

    Politics with Michelle Grattan: Malcolm Turnbull on Australia’s ‘dumb’ defence debate
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra The Albanese government remains in complicated territory on the international stage. It has to tread carefully with China, despite the marked warming of the bilateral relationship. It is yet to find its line and length with the unpredictable Trump administration.

    Why is Israel bombing Syria?
    Source: The Conversation (Au and NZ) – By Ali Mamouri, Research Fellow, Middle East Studies, Deakin University Conflict in Syria has escalated with Israel launching bombing raids against its northern neighbour. It follows months of fluctuating tensions in southern Syria between the Druze minority and forces aligned with the new government in Damascus. Clashes erupted

    Bougainville election: More than 400 candidates vie for parliament
    By Don Wiseman, RNZ Pacific senior journalist More than 400 candidates have put their hands up to contest the Bougainville general election in September, hoping to enter Parliament. Incumbent President Ishmael Toroama is among the 404 people lining up to win a seat. Bougainville is involved in the process of achieving independence from Papua New

    Scientists could be accidentally damaging fossils with a method we thought was safe
    Source: The Conversation (Au and NZ) – By Mathieu Duval, Adjunct Senior Researcher at Griffith University and La Trobe University, and Ramón y Cajal (Senior) Research Fellow, Centro Nacional de Investigación sobre la Evolución Humana (CENIEH) 185,000-year-old human fossil jawbone from Misliya Cave, Israel. Gerhard Weber, University of Vienna, CC BY-ND Fossils are invaluable archives

    Right-wing political group Advance is in the headlines. What is it and what does it stand for?
    Source: The Conversation (Au and NZ) – By Mark Riboldi, Lecturer in Social Impact and Social Change, UTS Business School, University of Technology Sydney Advance/Facebook Political lobby group Advance has been back in the headlines this week. It was revealed an organisation headed by the husband of the Special Envoy for Combatting Antisemitism, Jillian Segal,

    We travelled to Antarctica to see if a Māori lunar calendar might help track environmental change
    Source: The Conversation (Au and NZ) – By Holly Winton, Senior Research Fellow in Climatology, Te Herenga Waka — Victoria University of Wellington Holly Winton, CC BY-SA Antarctica’s patterns of stark seasonal changes, with months of darkness followed by a summer of 24-hour daylight, prompted us to explore how a Māori lunar and environmental calendar

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Submissions: Australia – From 4 trades to 40,000: How 30 years of CommSec has shaped Aussie investing – CBA

    Source: Commonwealth Bank of Australia (CBA)

    CommSec reflects on its 30-year journey and the future of investing.

    When CommSec launched on 17 July 1995, just four trades were placed via telephone and fax, at $75 each. Investing was slow and largely reserved for the few who had the time, knowledge, and access.

    But that day marked the beginning of a shift that would help reshape how Australians engage with financial markets. Fast forward to today, and investors can trade on the bus to work with the tap of their phone.

    “Many younger investors would find it hard to imagine what it was like buying and selling shares 30 years ago. Back in the early ‘90s, investing wasn’t exactly easy. Picture having to put in a call to a stockbroker, sometimes even fax orders, fill out reams of paperwork, and then wait for what felt like weeks for your share certificate to arrive,” said CommSec’s Executive General Manger James Fowle.

    “In 2025, that same process now takes a matter of seconds and you can do it straight from your mobile.”

    https://youtu.be/AforSgYeUQA?si=k1ocLNyupyitvbCr

    CommSec’s vision 30 years ago was to make the stock market easy, accessible and affordable.

    Three decades later, CommSec customers now execute around 40,000 trades daily, with the average value of shares bought and sold on the platform reaching $575 million each day. In the past 30 years, CommSec has completed nearly 160 million orders, worth more than $2.5 trillion – roughly the equivalent size of Australia’s economy.

    CommSec’s journey in many ways mirrors the broader evolution of investing in Australia, moving from the margins to the mainstream and becoming a core part of how Australians build wealth.

    Through a commitment to empower more Australians to grow their wealth, CommSec has helped transform how Aussies invest.

    “Over the past 30 years, CommSec has played a critical role in shaping the way Australians invest. Whether a first-time investor or seasoned portfolio builder, we’ve always pathed new ground to make investing more accessible to all Australians through innovation and education. Trust is key to who we are and I’m thankful to the millions of Australians who continue to trust us to grow their wealth,” said Fowle.

    The evolution of investing

    CommSec’s path to becoming Australia’s leading online broker has transpired largely due to the platform’s ability to meet the evolving needs of investors.

    In 1997, CommSec became the first Australian broker to launch a share trading website, paving the way for a digital trading future.

    By 2001, around 80 percent of CommSec’s trades were being placed online, mirroring a broader trend: Australians wanted more control, more transparency, and more speed when they invested.

    In 2008, CommSec launched Australia’s first iPhone trading app, making trading accessible to Aussies with a smartphone.  And in 2019, CommSec Pocket was launched – a low cost, simple investing app that aims to empower more Australians to start their investing journey.

    Fast forward to today, and nearly 50 per cent of trades are made via mobile.

    Over the years, market participation has also grown across demographics as government privatisations, the rise of self-managed super funds (SMSFs), the popularity of exchange traded funds (ETFs), and the increasing use of mobile apps have all contributed to a more engaged and informed investor base.

    Ten years ago, 20 per cent of CommSec’s customers were under 40 – today, that number has more than doubled to 43 per cent. Meanwhile, the percentage of female investors on CommSec has almost tripled in the past 5 years.

    “Markets have become more dynamic, and so have investors,” said Tom Piotrowski, CommSec’s long-time market analyst.

    “We’ve gone from a world where people waited for the morning paper to receive market news, to one where they’re trading on their phones during a lunch break. Now we’re pushing out a daily podcast and educating our customers on TikTok. That shift has been extraordinary to witness.”

    Not only that, CommSec has taken great strides in making investing more accessible through education. Initiatives like CommSec Learn offers tips to beginners, while the CommSec Invest podcast breaks down the fundamentals of investing. Also, bite sized content is delivered through channels like Instagram, YouTube and TikTok.

    A trusted partner through volatility

    From bull markets to the GFC, CommSec has supported customers through the uncertainty and volatility of the market.

    In CommSec’s 30-year history, the top 10 trading days have all occurred over the last 5 years.

    “Covid really changed the market – the number of first-time traders has more than doubled since February 2020,” said Fowle.

    “The introduction of tariffs by President Trump on April 2 rattled global financial markets, with the three-day drop in the S&P 500 being one of the worst market sell-offs since World War II, while the ASX witnessed its biggest one-day drop since 2020. In fact, April 7 was CommSec’s largest trading day in three years, with the team processing over $1.4 billion in trades.

    “What makes me proud is not just how we responded to the high and low moments like these; but how over three decades, CommSec has remained a trusted partner for Australians on their investment journey.”

    Looking forward to the future

    As technology continues to evolve at an ever-accelerating pace, CommSec is committed to remaining at the forefront of innovation to help more Aussies invest and grow their wealth.

    “The Australian stock market is poised for continued evolution, with technology playing a central role in shaping trading practices and investor engagement,” Fowle said.

    “I’m incredibly proud that CommSec, 30 years on, continues to make investing easy, accessible and affordable. As innovation continues to accelerate, we are well positioned to continue to harness new technologies to meet the evolving needs of our customers.”

    30 Years of CommSec by the Numbers

    Australian Markets Since 1995

    The ASX All Ordinaries Accumulation Index has risen 335%
    Average NSW house prices have increased by 751%
    CBA’s share price has grown from $9.34 (30/6/95) to $184.75 (30/6/25), a 1878% increase
    Wealth per capita has surged from $96,810 to $810,000

    CommSec Firsts

    July 1995: First direct broker
    1997: First free live share price quotes
    November 2003: First retail Stop Loss order
    July 2008: First Financial Services iPhone App

    Average number of trades

    Four trades on day 1
    10,000 trades per day by 2002
    40,000 /$575m per day by 2025

    Method of Trading

    Telephone and Fax only on launch 31 July 1995 ($75 per trade)
    Internet access was offered in October 1996, providing information only. Trading started March 1997. 80% of trades made online by 2001

    Top trading days

    2020 and 2021 dominate the top five biggest trading days showing the impacts of COVID.
    The sixth biggest trading day was on 7 April 2025, following the announcement of U.S. tariffs.
     

    Stocks over time

    Top 5 stocks: 25 June 1995

    1. BHP
    2. News Corp
    3. NAB
    4. CRA
    5. WBC  

    Top 5 Stocks: 26 June 2025  

    1. CBA
    2. BHP
    3. Rio Tinto
    4. NAB
    5. CSL

    CommSec customers

    Percentage of customers under 40:

    Now: 39.80%
    5 years ago: 25.57%
    10 years ago: 20.19%
    30 years ago: 26.42%

    Percentage of female customers with holdings:

    Now: 27.46%
    3 years ago: 12.62%
    5 years ago: 10.60%.

    MIL OSI – Submitted News

  • MIL-OSI China: Nvidia CEO eyes ‘great future’ in Chinese market

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

    Nvidia CEO Jensen Huang delivers a speech at the opening ceremony of the third China International Supply Chain Expo (CISCE) in Beijing, capital of China, July 16, 2025. [Photo/Xinhua]

    Hailing China as a “dynamic and innovative” market, Nvidia CEO Jensen Huang on Wednesday reaffirmed his long-term commitment to the country during a media briefing in Beijing.

    The founder of one of the world’s most valuable tech firms is in the Chinese capital this week for the opening ceremony of the third China International Supply Chain Expo. This is Huang’s third visit to China since the start of 2025, and he plans to make the most of it by also participating in related events.

    Noting that China has become a leading technology market and is growing rapidly, Huang told reporters the country is a key market with many dynamic and innovative customers.

    If you want to be a great company and a great supplier, you need not only excellent products but also excellent customers. China has that kind of customer, Huang said.

    “We are doing our best to serve the market here,” he added.

    Eyeing what he called a “great future” in the Chinese market, Huang emphasized the importance of further expanding the company’s presence in China.

    “If you want to maintain, you have to invest,” he said. “The market is moving so fast and it’s so competitive — we have to continue to advance ourselves.”

    Huang, however, welcomed the rise of Chinese competitors, calling them a force for industry progress.

    Huang said that China has formidable companies and the technologies they’ve created are impressive.

    “They’re not my enemies, they’re my competitors… and we can make each other better. We can make the market better, we can make the industry better,” he said.

    On Tuesday, Huang told a group of journalists that the company will resume the sales of its H20 AI chips to China. Following this announcement, Nvidia’s shares surged 4.04 percent.

    Huang revisited this topic at the media briefing on Wednesday. “I hope to get more advanced chips into China than H20. And the reason is that technology is always moving on.”

    “Some years from now, we will have more and better technologies. And I think it’s sensible that whatever we are allowed to sell in China will continue to get better over time as well,” he said.

    Huang also hailed the talent pool of China, especially in the sector of artificial intelligence.

    “There are really extraordinary engineers and professionals in China,” said the senior executive. “We are expanding in China all the time. We continue to advance our technology and our contribution to markets, which will give us an opportunity to hire more people.”

    MIL OSI China News

  • MIL-OSI USA: Murphy: Trump is Surrendering American Soft Power to Our Adversaries and Destroying Senate Norms in the Process

    US Senate News:

    Source: United States Senator for Connecticut – Chris Murphy
    [embedded content]
    WASHINGTON—U.S. Senator Chris Murphy (D-Conn.), a member of the U.S. Senate Foreign Relations Committee, took to the floor of the U.S. Senate to speak out against President Trump’s unprecedented partisan rescissions package, which would codify devastating cuts to foreign aid and counter-propaganda efforts, surrendering American global power to China and our adversaries. Murphy also argued that Republicans’ bad faith exploitation of Senate rules imperils the bipartisan budget process, eroding longstanding Congressional norms and making it likely that Democrats will do the same when in power. 
    Murphy highlighted that Trump and Senate Republicans’ actions are unprecedented: “Never before has either party done what Republicans are doing today – pass a partisan rescissions bill, double crossing the minority party and cancelling spending that just months before, both parties had shook hands on…That’s a double cross. That’s immoral. Suckering your partner into a deal, in which you each get something, and then using the back door to cancel the part of the deal you don’t like. That’s immoral. That’s bad faith. And that’s why no party has done this in 40 years.”
    Laying out the stakes for longstanding Senate norms and the bipartisan budget process, Murphy continued: “It will become hard, maybe even impossible, to write a bipartisan budget ever again, because the minority party knows they can get double crossed. And believe me, if you do this now, Democrats will do it to you when we are back in charge.”
    Explaining why American soft power matters, Murphy said: “You need a lot more than just planes and tanks and ships to protect your interests. You need a powerful military, but adults – in particular, adults who have any experience in national security – know that the octopus of global power has a lot of arms. Military might. But also information might. Economic might. Diplomatic might. Energy might. Humanitarian might. This revisions bill cancels billions of dollars in investments in non-military foreign policy tools. And it is part of a broader effort by the Trump administration to destroy almost every tool that protects American interests other than our military…And this military myopia, it makes me remember my 8-year-old self, because it is so childish, so immature, so divorced from reality. Donald Trump’s national security strategy, fund the military and destroy every other way that we confront Russia, China, Iran, non-state actors, it could have been constructed by an 8-year-old. It’s that unsophisticated. And it really amounts to surrender.
    Noting how China is fast expanding their global power to capitalize on Trump’s surrender of American leadership, Murphy said: “China is now the preferred economic development partner for many nations. China is now the dominant force in standard-setting boards for global commerce. This is a choice the Trump administration is making, to make China – and to a certain extent Russia, in certain forms – the dominant power when it comes to economic statecraft, information statecraft, energy statecraft.” 
    Murphy continued: “Trump terminated tens of millions in projects to help upgrade Africa’s power grid. China’s not dumb. They know Africa’s economy is going to boom in the next fifty years. They want Chinese companies, not American companies to have relationships there. They know that many of the critical minerals that are going to be critical to AI and the future of defense come from Africa. They want better relations in Africa to corner those markets. So, what did they do? Trump pulled back $80 million. China stepped in and announced $50 billion in financing for economic development and infrastructure in Africa. Now, a lot of that is bluster and some of the financing is predatory. But it’s something. At a moment when America is just withdrawing from Africa.” 
    Murphy concluded: “Trump’s national security strategy—fund the military and destroy every other way that we confront Russia and China and non-state actors—could have been constructed by an 8-year-old. It’s that unsophisticated… It’s all surrender. China is throwing a blowout party as we disappear our non-military power from the world.”
    A full transcript of his remarks is available below.
    MURPHY: “Thank you, Mr. President.
    “Mr. President, eight times since 1974, when Congress created the rescissions process, one party has controlled the White House, the Senate, and the House of Representatives. Eight times. It’s actually four times Democratic control and four times Republican control. Eight times, one party had total control over the elements of the federal government necessary to pass legislation. And never before has either party done what Republicans are doing today: pass a partisan rescissions bill, double-crossing the minority party and canceling spending that just months before both parties shook hands on. 
    “Why? Why has this never happened before? Well, because this is just an old-fashioned double-cross. It’s a con job. Republicans and Democrats agreed on spending levels. First, in a bipartisan appropriations bill passed in March of 2023, and then again, in multiple bipartisan continuing resolutions. 
    “When a party controls the White House and both houses of Congress, it always has the power to use the rescissions process to pull a fast one. To agree with the minority party on a budget – because the rules say you need 60 votes to pass a budget – to get majority party priorities funded in exchange for funding minority party priorities, and then to use the rescissions process to just double-cross the minority, by using that process – which only requires 50 votes – to just then cancel the minority party’s priorities. 
    “That’s immoral. It’s unethical. Suckering your partner into a deal, in which you get something and they get something, and then using the back door to cancel the part of the deal that you don’t like. That’s bad faith. It’s why no party has it since 1972. The power has always existed: eight different times, either the Democratic Party or the Republican Party could have cut a bipartisan spending deal and then then used the rescissions power to just cancel the parts of the deal they don’t like. But it’s never happened. Because it’s bad faith, because it destroys the ability of the Senate to function in a bipartisan way. 
    “It’s kind of like if you traded baseball cards as a kid and you made a trade with your best friend. And then in the middle of the night, you snuck into his house and you took your cards back. So that you had his cards, and now you had your cards as well. Nobody would think that’s right, but that’s exactly what’s happening here.
    “It will become hard, maybe even impossible – Senator Tillis laid this out very well – to write a bipartisan budget ever again, because the minority party now knows that they can get double-crossed. And believe me, if Republicans do this now, Democrats are going to do it when they are in charge. This will become the norm. Sit down, do a bipartisan deal, wink wink, and then a couple months later, just cancel the agreement through a partisan rescissions process. 
    “And of course, this is now the third time in seven short months that the new Republican majority has made substantial, meaningful changes to Senate rules and norms.
    “Senate Republicans created a brand-new rule that massively expands their ability to invalidate actions of the previous Democratic administration.
    “Just a couple weeks ago, Republicans walked away from decades of precedent on how Senate bills are scored,  and they used new, magic math to create a score that hid the actual cost of their budget bill.
    “And now, this double cross.
    “But, Mr. President, this isn’t just about breaking the Senate. That’s actually probably the least serious consequence of what is happening here.
    “The most serious consequence is what is happening to American power around the world as Donald Trump and Republicans, in part through this rescissions bill, destroy every single non-military tool that we use around the world to protect our interests.
    “When I was eight or nine years old, I collected G.I. Joe figures, and one Christmas I remember being so excited because Santa Claus brought me the huge G.I. Joe aircraft carrier. It was awesome. I was obsessed with the military like a lot of boys that age. The planes, the tanks, the ships.
    “That’s what I thought American power was – the U.S. military, period, stop. 
    “And of course, that’s an eight-year-old’s view of the world. The world, as it turns out, is a lot more complicated. You need a lot more than just planes and tanks and ships to protect your interests. You need a powerful military, but adults – in particular, adults who have any experience in national security – know that the octopus of global power has a lot of arms. Military might. But also information might. Economic might. Diplomatic might. Energy might. Humanitarian might.
    “This revisions bill cancels billions of dollars in investments in non-military foreign policy tools. And it is part of a broader effort by the Trump administration to destroy almost every tool that protects American interests other than our military. Over the last 10 years, the defense budget has grown from about $502 billion to $825 billion. That’s an extraordinary ten-year increase of about $323 billion. Over that same period of time, the State Department budget has grown from $54 billion to $56 billion. – a $2 billion increase. Now if you layer in emergency funds, that increase is more like $30 billion. But you’re still talking about an increase for the military over the past ten years that is ten times the size of the increase for nonmilitary tools.
    “And this military myopia, it makes me remember my 8-year-old self, because it is so childish, so immature, so divorced from reality. Donald Trump’s national security strategy, fund the military and destroy every other way that we confront Russia, China, Iran, non-state actors, it could have been constructed by an 8-year-old. It’s that unsophisticated.
    “And it really amounts to surrender. 
    “Because as we stop projecting nonmilitary power around the world, China and Russia, but especially China, they just celebrate and step into the void. 
    “Secretary Rubio announced on March 10 that 83% of USAID programs will be terminated. 
    “Meanwhile, China just announced an 8.4% increase in its own diplomatic budget for 2025, committing 500 million additional dollars to the World Health Organization over the next five years – an organization that the United States no longer belongs to. As a result of our cuts standing next to China’s investments in diplomatic power, China will surpass the United States – this year for the first time – as the largest bilateral assistance partner for 40 countries. China is the power at the World Health organization. They call the shots about the standards of global health and pandemic relief. 
    “China is now the preferred economic development partner for many nations. China is now the dominant force in standard-setting boards for global commerce. This is a choice the Trump administration is making, to make China – and to a certain extent Russia, in certain forms – the dominant power when it comes to economic statecraft, information statecraft, energy statecraft. 
    “Let me give you a specific example. Today, information is power. If you control information flows, man, you control politics, you control economics, you control culture. 
    “China spends about $7 billion a year to promote their communist narrative to undermine U.S. leadership around the world and foster a China-friendly media environment globally. Russia, it’s really hard to know how much Russia spends because they’re not publicly reporting much of it. But they certainly spend at least $1.5 billion, but probably double that. And in many countries, Russia and China control the information space. Russian-backed candidates win elections in countries on their periphery simply because of Russian information programs. Asian countries box the United States and U.S. companies out of economic competition because of Chinese information programs.
    “And so faced with China and Russia spending somewhere in the neighborhood of $10 billion, when the United States, today, is spending only a fraction of that amount of money, it would stand to reason this would be a moment where we should come together, Republicans and Democrats, and dramatically increase our information warfare investments.
    “But of course, we are doing exactly the opposite. Trump is in the middle of a purposeful, relentless campaign to destroy – to destroy America’s global information power. 
    “The Trump administration just shut down the Global Engagement Center – that is the capacity at the State Department to try to counter Russian and Chinese propaganda around the world – gone, just gone. Global Engagement Center, bipartisan commitment set up years ago by myself and Rob Portman, supported by Marco Rubio when he was a senator, now just doesn’t exist anymore. The administration is dismantling the U.S. Agency for Global Media – that’s the umbrella arm that oversees our information programs around the world – they laid off 92% of its staff. Voice of America, the Middle East Broadcasting Network, Radio Free Europe, Radio Free Asia, they are on track to disappear. The arm of the VOA that combats Iranian anti-American information – gone. 54 different radio frequencies operated by Radio Free Asia to counter Chinese anti-American propaganda – gone. 
    At the same time, China is opening up 80 new radio frequencies in multiple languages, including in those regions where America is disappearing. We are handed the world to China and Russia by deciding to view American power only through a military lens. And this rescissions bill makes it worse by enacting billions of dollars of cuts, to diplomacy, to economic development programs, likely to information programs because we actually can’t see the impact of all of these cuts. 
    “It’s all surrender. China is throwing a blowout party as we disappear our nonmilitary power from the world. 
    “Trump terminated tens of millions of dollars in projects to upgrade Africa’s power grid. What did China do? They announced $50 billion of new financing for Africa. Africa, a place where the critical minerals exist to power A.I. and future defense systems. Africa, the part of the world whose economy’s going to explode with opportunity – now opportunity that will go to Chinese companies, not American companies, as we withdraw our relationships with that continent. As China steps into the breach. 
    “This revisions bill, standing next to Trump’s destruction of all of our non-military foreign policy tools, it’s surrender to our enemies. 
    “This bill is a double-cross. It is. It’s a double-cross. It’s going to harm our ability to ever be able to do a bipartisan budget process in the future. But even worse, this bill is surrender to our adversaries who are chomping at the bit to fill the void that we are creating by adopting the national security strategy of an 8-year-old boy.”

    MIL OSI USA News

  • MIL-OSI Russia: /China Focus/ China Promotes International Cooperation on Frontiers of Scientific Research

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    SHANGHAI, July 17 (Xinhua) — The enduring mystery of how consciousness originates in the brain appears to have recently gained clarity, with a groundbreaking “road map” thanks to the efforts of an ambitious international “big science” initiative led by Chinese scientists.

    Last week, the prestigious international journal Cell and its sister publications published a series of 10 papers revealing breakthrough results in brain mapping, detailing the complex neural connections in species ranging from reptiles and birds to rodents, great apes, and humans.

    A collaborative effort by more than 300 scientists from China, France, Sweden and the UK has resulted in a major expansion of the brain atlas, providing key insights into the neural networks that control perception, movement, learning, memory and decision making.

    The achievements come at a time when China is actively promoting global scientific cooperation for the benefit of all humanity. From fundamental physics and deep space exploration to marine habitability and life sciences, the country is investing in and leading a number of cutting-edge open science projects where international partnerships are a key criterion.

    A comprehensive national science center has been established in the Beijing suburb of Huairou, housing 37 advanced research facilities, 16 of which are already open to scientists from around the world. An additional 430,000 hours of machine time have been allocated for their use in 2024 alone.

    The International Meridian Circle Program, a flagship initiative led by China’s scientific community to enhance global space-based weather monitoring capabilities, is one of the international projects being implemented in Huairou Science City.

    In June, at the Second Belt and Road Science and Technology Exchange Conference in Chengdu, southwest China’s Sichuan Province, China reaffirmed its support for global projects such as Deep-time Digital Earth (DDE) and Ocean Negative Carbon Emission (ONCE) launched by Chinese scientists.

    The DDE program has been hailed by the scientific journal Science as the “Google of geology,” and is set to unravel significant scientific mysteries, including the global distribution of metal ore deposits.

    ONCE plans to develop the world’s first carbon neutrality standard for the ocean sector. It was unanimously adopted by the International Organization for Standardization (ISO) last November with global support, signaling China’s growing role in the global climate agenda.

    The Global Hadal Trench Exploration Program (GHTEP), proposed by the Chinese Academy of Sciences (CAS), was endorsed by the UN this year, opening a new chapter of global cooperation in trench scientific research.

    The program involves Chinese scientists and their colleagues from more than 10 countries jointly exploring the deepest unexplored ocean trenches on Earth. To date, 145 scientists from around the world have made 214 dives to the deepest points of nine sea trenches on the planet, including the Mariana Trench and the Kermadec Trench. Exploring the abyss is considered important for answering questions about the origins of life, its fate, and the future of humanity.

    “Hadal zone research is only available to a few countries, while the 37 known marine trenches and depressions are scattered around the globe, making closer international cooperation necessary,” said ANC research fellow Du Mengran.

    China has also launched the π-HuB project, which brings together scientific teams from 18 countries to map the vast diversity of human proteins and decipher the complex mechanisms underlying bodily functions. It is the next big thing in life sciences after mapping the human genome.

    Robert Moritz, a professor at the US Institute for Systems Biology, said the project has the potential to transform the entire field of proteomics.

    China also engages with the global scientific community through projects such as the Five-hundred-meter Aperture Spherical Telescope (FAST), the Large High Altitude Cosmic Ray Observatory (LHAASO), a near-Earth space station, and a series of lunar and deep-space exploration missions.

    The China National Space Administration (CNSA) has allocated 200 kg of payload for the Chang’e-8 lunar mission as part of international cooperation. The Chang’e-7 lunar probe will carry payloads from Egypt, Bahrain, Italy, Russia, Switzerland, Thailand and the International Lunar Observatories Association (ILOA) as part of its mission.

    Last week, the International Deep Space Exploration Association (IDSEA), an international scientific organization dedicated to deep space exploration, was officially opened in Hefei, capital of Anhui Province, East China.

    Looking ahead, a Chinese brain mapping team is preparing to launch the International Primate Mesoscale Brain Atlas Consortium in collaboration with international partners. After five to six years of preparatory work by Chinese scientists, the collaboration with the international team will begin in September this year. The goal of this initiative is to create a more complete map of the human brain.

    “We call for sustained global scientific collaboration to jointly advance towards the highly ambitious goal of deciphering mesoscale atlases of primate brains, including the human brain,” said Pu Muming, scientific director of the CAS Shanghai Advanced Brain and Intelligence Research Center.

    “Scientists from more than 20 countries and nearly a hundred researchers have already expressed their intention to join the consortium and work together,” Pu Mumin added. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI USA: Video: Kaine Grills Trump Administration Over Incineration of Food for Starving Children

    US Senate News:

    Source: United States Senator for Virginia Tim Kaine

    BROADCAST-QUALITY VIDEO OF THE EXCHANGE IS AVAILABLE HERE.

    WASHINGTON, D.C. – Today, U.S. Senator Tim Kaine (D-VA), a member of the Senate Foreign Relations Committee (SFRC), grilled Deputy Secretary of State for Management and Resources Michael Rigas over the Trump Administration’s order to incinerate 500 metric tons of emergency food, which the U.S. had already purchased to feed starving children. Reuters reported in May that the food was being stored at a United States Agency for International Development (USAID) warehouse in Dubai and was set to expire in July. The news of the incineration of this food was reported on Monday by The Atlantic.

    “Yesterday, The Atlantic reported that the expiration date on those 500 tons of nutritious food for starving kids was now upon us, and the U.S. had decided to incinerate that food rather than allow starving children to have it,” said Kaine. “Mr. Rigas, you’re the Deputy Secretary for Management and Resources. These are resources that were purchased with U.S. taxpayer dollars. They’re specifically designed to save the lives of starving children. Why is it a good use of resources to not distribute that food to kids and instead burn it?”

    Rigas responded, “I’d have to look into that particular issue and see how those foodstuffs got there.”

    “I asked this question at a hearing yesterday so you would be prepared to know that I would ask it today, and we called your office to tell you that I would ask it today. So the notion that you need to look into it strikes me as a little bit odd. As you sit here today, is that food being distributed to kids or is it being incinerated?” Kaine asked.

    “If it’s been expired, my understanding is it’s the policy of the government to not distribute expired food or medicine,” Rigas responded.

    “We’ve been asking Secretary Rubio about this back into March. Since it has been known for months that this food would have an expiration date, why has the State Department decided to burn it rather than distribute it to starving children?” Kaine pressed.

    “I don’t have a good answer for that question,” Rigas said. “I am as distressed about that as you are.”

    Rigas continued, “I think that this was just a casualty of the shutdown of USAID.”

    “I view at as an intentional thing,” Kaine continued. “It’s not a mistake if you’ve been on notice of it for two months, and you’ve made the decision to keep the warehouse locked and allow this food to be destroyed rather than … feed at least 27,000 acutely malnourished children for a month.”

    “I’d have to look into what the facts of the matter were,” Rigas responded.

    “Sometimes the tiniest detail really exposes the soul,” Kaine concluded. “A government that is put on notice—here are resources that will save 27,000 starving kids. Can you please distribute them or give them to someone who can? Who decides, ‘no, we would rather keep the warehouse locked, let the food expire, and then burn it?’ To me, that really exposes the soul of this endeavor.”

    Rigas concluded by saying that he would look into it and find out what happened.

    Video of Kaine raising The Atlantic’s reporting during the July 15 SFRC nominations hearing for U.S. Representative Michael Waltz to be the U.S. Ambassador to the United Nations, Mr. John Arrigo to be U.S. Ambassador to Portugal, and Ms. Christine Toretti to be U.S. Ambassador to Sweden is available here.

    MIL OSI USA News

  • MIL-OSI USA: ICYMI: Padilla Joins LA Times’ Making LA Podcast: “From Pacoima to Power”

    US Senate News:

    Source: United States Senator Alex Padilla (D-Calif.)

    What happens when a Pacoima kid turned MIT-trained engineer brings a wonk’s brain — and a line cook’s work ethic — into the halls of power?

    Listen to the full podcast here

    WASHINGTON, D.C. — In case you missed it, U.S. Senator Alex Padilla (D-Calif.) recently sat down for the inaugural episode of the LA Times’ Making LA Podcast to discuss his journey from growing up in Pacoima in the San Fernando Valley as the proud son of immigrants from Mexico to rising through Los Angeles and California politics to become the state’s senior U.S. Senator. The interview took place at the Discovery Cube in the San Fernando Valley, a hands-on children’s science museum Senator Padilla helped found.

    Padilla walked through his family’s history, sharing that his dad spent 40 years as a short order cook while his mom cleaned houses to provide for their family. His parents emphasized the importance of a good education, and he attended the Massachusetts Institute of Technology (MIT) where he earned a Bachelor of Science degree in Mechanical Engineering.

    Padilla discussed his political rise beginning with serving as former Representative Tony Cárdenas’ campaign manager for his longshot State Assembly campaign in 1996, then becoming a member of the Los Angeles City Council in 1999, and serving as the youngest person ever elected as City Council President just two years later. As City Council President, Padilla was acting Mayor of Los Angeles during the September 11, 2001 attacks, reassuring the city as residents feared Los Angeles could be targeted next. Padilla also detailed his work in the State Senate — including successful bills to require restaurant chains to display nutrition and caloric information for their menu items and to transform the transfer process from community colleges to four-year universities — as well as expanding voting access and resisting Republicans’ attacks on the right to vote during his tenure as California’s Secretary of State.

    Now serving as California’s senior U.S. Senator, Padilla reflected on being sworn in just two weeks after the January 6 insurrection. He emphasized that he continues to fight on behalf of his 40 million constituents and is working to convince others to join him to fight for climate resilience, voting rights, infrastructure investments, wildfire prevention and response, and comprehensive immigration reform. Padilla shared that behind closed doors, his Republican colleagues agree on the need to reform our outdated immigration system, and committed to keep fighting to pass his Citizenship for Essential Workers Act, his first bill introduced in Congress.

    Listen to the full podcast here.

    MIL OSI USA News

  • MIL-OSI USA: Reed, Environmental Leaders Tout Importance of BEACH Grant Clean Water Monitoring Program

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    As Trump seeks to eliminate BEACH grants and cut funding to stop sewage overflows and runoff pollution, Reed seeks to keep clean water monitoring system afloat and restore clean water funding investments

    WASHINGTON, DC – As more people head to coastal beaches, Great Lakes, and local waterways to enjoy the summer weather, U.S. Senator Jack Reed (D-RI) is leading federal efforts to help ensure America’s swimming beaches remain clean, safe, and welcoming to the public and protect human health, environmental health, and the economic health of coastal communities. 

    Today, outside the U.S. Capitol, Senator Reed joined Environment America, NCAA athletes who train in open waters, public health advocates, and fellow members of Congress to discuss the importance of the Beaches Environmental Assessment and Coastal Health (BEACH) Act grant program to help monitor beach water quality nationwide. VIDEO AVAILABLE.

    Federal BEACH grants support beach water-quality collection, testing, and monitoring and public notification efforts if bacteria levels become unsafe.

    “The BEACH Act is a smart investment in protecting public health, economic health, and the health of our waterways.  It ensures people are informed when temporary beach closures are warranted and provides policymakers with the data needed to ensure sound management,” said Senator Reed, a member of the Appropriations Subcommittee on Interior and Environment, which oversees federal BEACH Act funding.  Reed and his fellow appropriators helped make $9.7 million in BEACH grant funding for water quality monitoring at coastal and Great Lakes beaches in 2025 and he and several colleagues requested at least $15 million for BEACH grants in Fiscal Year 2026.  “Clean, safe beaches are an economic and environmental imperative.  I oppose President Trump’s attempt to eliminate BEACH grants and clean water infrastructure funds.  Fixing and updating water systems isn’t cheap or easy.  But it’s absolutely essential to public health, environmental health, and America’s economic well-being.”

    “There’s nothing better than running into the water with your friends and family on a hot day in summer, but too often, our favorite beaches aren’t safe for swimming,” said Lisa Frank, executive director of Environment America, a non-profit that recently released its annual Safe for Swimming? report on the water quality of America’s beaches. “Keeping sewage pollution out of our waterways isn’t rocket science, but it’s clear more investment is needed to protect our health.”

    “Growing up on the shores of Lake Erie, I’ve always had a deep appreciation for our beaches. These natural wonders are invaluable sources of recreation and economic drivers for our communities, but pollution and contamination threaten to make them too dangerous for the public,” said U.S. Representative Dave Joyce (R-OH). “I urge Congress to swiftly pass the BEACH Act, which will ensure that our beaches and the surrounding waters remain safe for future generations.”

    “As a Division-1 rower, being able to train on a waterway without fear of exposure to nasty bacteria is vital to my well-being,” said Jordan Stock, a student athlete at Stanford University. “I should not have to risk my health to practice the sport that I love. From competitive water athletes like myself, to the local businesses sustained by beach tourism and clean water, to casual swimmers, surfers and sailors, this issue affects everyone.” 

    Common issues that make waterways unsafe include sewer overflows and runoff pollution.  Swimming in waters contaminated with elevated levels of enterococci bacteria can cause gastrointestinal illness, according to the U.S. Environmental Protection Agency (EPA), which administers BEACH grants to coastal and Great Lake states based on a formula that includes the length of the recipients’ beach season, number of miles of shoreline, and population. Recipients must also have an EPA- approved water quality standards program.

    Researchers estimate that people get sick 57 million times a year from swimming in polluted waters and Environment America released a new study showing nearly two-thirds of U.S. beaches (1,930 out of 3,187) experienced fecal contamination at some point last year, with roughly 1 in 7 beaches — 453 of those sampled — experiencing potentially unsafe fecal contamination on at least 25 percent of the days on which testing occurred.

    Since Senator Reed helped launch the BEACH Act in 2001, over $225 million in BEACH grants have been awarded to test beach waters for illness-causing bacteria, identify the sources of pollution problems, and help notify the public.  This year’s continuing resolution appropriated nearly $10 million in BEACH Act funds, resulting in $210,000 for Rhode Island.  But now, the Trump Administration is trying to eliminate the program.

    Nationwide, Gulf Coast beaches experienced the biggest share of unsafe water quality days in 2024 — 84 percent of Gulf Coast beaches experienced at least one unsafe swimming day — while just 10 percent of Alaska and Hawaii’s beaches had an unsafe day.

    Rhode Island’s coastal beach-water quality monitoring program is managed by the Rhode Island Department of Health and works closely with the state’s Department of Environmental Management (DEM), cities, towns, and volunteer groups.

    MIL OSI USA News

  • MIL-OSI USA: Reed Statement on FY26 National Defense Authorization Act

    US Senate News:

    Source: United States Senator for Rhode Island Jack Reed

    WASHINGTON, DC—Today, U.S. Senators Jack Reed (D-RI) and Roger Wicker (R-MS), the Ranking Member and Chairman of the Senate Armed Services Committee, announced that they have filed S. 2296, the National Defense Authorization Act for Fiscal Year 2026 (NDAA).

    Senator Reed issued the following statement after filing the bill:

    “This year’s National Defense Authorization Act represents a strong, bipartisan commitment to ensuring our military remains focused on its core mission: defending the United States against the growing threats we face around the world. From strategic competition with China and Russia to emerging dangers in cyberspace and space, this bill equips our forces to meet today’s challenges with strength and resolve.

    “This legislation also restores important guardrails for the Department of Defense and reaffirms the military’s independence and professionalism. It ensures resources are directed toward real national security priorities, not partisan agendas. I’m proud to have worked with colleagues on both sides of the aisle to get this done, and to ensure that America’s military remains strong, focused, and worthy of the trust the American people place in it.”

    The FY26 NDAA authorizes $879 billion for the Department of Defense (DOD) and $35 billion for national security programs within the Department of Energy (DOE).  

    Highlights include:

    • Authorizes procurement of five Columbia-class submarines and $2.02 billion for aVirginia-class submarine, an increase of $1.2 billion over the budget request.
    • Provides a 3.8 percent pay raise for military servicemembers.
    • Expands efforts to mitigate and treat traumatic brain injuries and blast overpressure-related injuries.
    • Authorizes full funding for the Pacific Deterrence Initiative (PDI) and provides support to advance the U.S. partnerships with Japan, South Korea, Taiwan, and the Philippines, and directs an initiative to strengthen security cooperation across the respective defense industrial bases of U.S. allies and partners in the Indo-Pacific.
    • Extends the Ukraine Security Assistance Initiative (USAI) through 2028 and increases USAI funding to $500 million in FY 2026.
    • Reaffirms that it is the policy of the United States to assist Ukraine in maintaining a credible defense and deterrence capability, and requires DOD to continue to provide intelligence support, including information, intelligence, and imagery collection to Ukraine.
    • Limits the use of funds to reduce or consolidate U.S. force presence in Syria unless the Secretary of Defense certifies that Syrian partners forces can still effectively counter the threat from ISIS.
    • Directs DOD to use all available authorities to provide assistance, including training, equipment, logistics support, and supplies, to support and enhance the military forces of Jordan and Lebanon and provide a plan for how to implement that assistance.
    • Requires reports and provides greater resources for developing UAS technologies and responding to drone incursions.
    • Expands DOD’s artificial intelligence (AI) resources and establishes new DOD authorities to coordinate AI initiatives among U.S. allies and partners.
    • Supports reproductive healthcare by establishing a comprehensive in-vitro fertilization (IVF) healthcare benefit for active-duty servicemembers and their families.

    Oversight of the Trump Administration:

    • Prohibits any reduction in U.S. military force posture in Europe or the Korean Peninsula below 76,000 and 28,500 personnel, respectively, and prohibits any change in the U.S. military leadership of NATO or the Combined Forces Command – Korea without certain conditions. Further directs the Chairman of the Joint Chiefs and the Commanders of U.S. European Command, Indo-Pacific Command, and U.S. Forces Korea to conduct independent risk assessments of any such changes.
    • Fences 25 percent of the travel budget for the Office of the Secretary of Defense (OSD) until the Secretary provides a bilaterally agreed 5-year Taiwan Security Assistance Roadmap and a number of other overdue reports, including a report on DOD efforts to identify, disseminate, and implement lessons learned from the war in Ukraine.
    • Requires DOD to report its incurred costs from supporting the Department of Homeland Security (DHS) in immigration enforcement activities; the number of migrants held at DOD installations and the associated costs; approved Requests for Assistance from DHS to support immigration enforcement operations; and the costs of using military aircraft and facilities to support DHS immigration enforcement operations.
    • Reinstates mandatory training for all military members on rules of engagement, domestic military operations, the code of conduct, and government ethics to protect against escalation during domestic operations.
    • Requires the Secretary of Defense to implement the renaming recommendations for military bases in Virginia that were adopted by the Naming Commission, and prohibits the Secretary of Defense from changing those names.
    • Requires the Secretary of Defense to submit a minimum of 5 days notice to Congress if a military Judge Advocate General (JAG) is being removed, and a statement of the reason for the removal.
    • Requires the President to notify Congress of the removal of a member of the Joint Chiefs of Staff and the reason for the removal not later than 5 days after the removal.
    • Requires the Secretary of Defense to notify Congress when military officers are removed from selection board reports and lists for reasons other than misconduct.

    View the bill text of the SASC-passed FY26 NDAA.

    View the executive summary of the FY26 NDAA.

    MIL OSI USA News

  • MIL-OSI USA: Schatz Details Trump Administration’s Destruction Of USAID, Deadly Consequences That Followed As Senate Considers Codifying DOGE Cuts

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – As the U.S. Senate considers a rescissions package to codify $9 billion dollars in cuts to foreign assistance and public broadcasting, U.S. Senator Brian Schatz (D-Hawai‘i) spoke out against the Trump administration’s illegal dismantling of the United States Agency for International Development (USAID) and the catastrophic consequences the elimination of aid has had on vulnerable people around the world. Schatz, who is the Ranking Member of the Senate Appropriations Subcommittee on State and Foreign Operations which oversees foreign assistance, noted that over 360,000 people had already died as a result of not having food and medication in the wake of the funding cuts. Schatz also noted that the none of the programs that Republicans have objected to are currently active, and that the funding being rescinded is valid through the end of the next fiscal year and can be reprogrammed by the Trump administration to reflect its priorities.

    “Presidents can save lives. They can also cost lives. And while almost every president has chosen to do the former, Donald Trump, aided by a band of loyalists and ideologues, has chosen instead to inflict death and disease and starvation on the world’s most vulnerable,” said Senator Schatz. “We used to be the indispensable nation that people around the world counted on for help. People would see the American flag, whether on the side of a truck or a sticker on a food parcel, and think, ‘The good guys are here. Help is coming,’ But not anymore. We are causing death now. We are spreading disease now. We are deepening starvation now.”

    Senator Schatz continued, “We are not going to prevent every death – we know that. We’re not going to be able to feed every child – we understand that. We cannot feasibly help every community that needs help – we accept that. But this is something different altogether. This is knowingly and willingly and needlessly inflicting horrific suffering on millions and millions of the most vulnerable people live anywhere on the planet. And for what? To save money? The idea that any of this is about finding savings, while at the same time, Republicans are exploding the national debt by $4 trillion to cut taxes for billionaires just doesn’t pass the smell test. And to top it all off, the administration is about to incinerate – is about to light on fire – 500 metric tons of food aid because they let it expire while sitting in a warehouse for months.”

    “There were a bunch of controversial programs that precipitated this effort to cut USAID. All of those programs were discontinued. This is a budget that was enacted in March. This is Trump’s budget. This is Trump’s State Department. This is economic support funds. This is global public health. This is humanitarian assistance. This is helping our friends in Jordan and elsewhere to maintain the basic stability so that there is not a conflagration in a region. That is what’s being rescinded from this package,” Senator Schatz added.

    A transcript of Senator Schatz’s remarks is below. Video is available here.

    It all started with the stroke of a pen. Within hours of taking office in January, the president signed what can only be called a death sentence to millions of people all over the world. Executive Order 14 169 simply read, “It is the policy of the United States that no further United States foreign assistance shall be disbursed in a manner that is not fully aligned with the foreign policy of the president of the United States.” The order directed a 90 day pause in payments while foreign assistance was reviewed. But it became clear that this was not a process for reviewing or reforming programs. It was the beginning of the end, a wholesale destruction of the enterprise from top to bottom, in defiance of the law and of logic.

    Presidents can save lives. They can also cost lives. And while almost every president has chosen to do the former, Donald Trump, aided by a band of loyalists and ideologues, has chosen instead to inflict death and disease and starvation on the world’s most vulnerable. We used to be the indispensable nation that people around the world counted on for help. People would see the American flag, whether on the side of a truck or a sticker on a food parcel, and think, the good guys are here. Help is coming.

    But not anymore. We are causing death now. We are spreading disease now. We are deepening starvation now. And it’s not because it’s saving us huge sums of money, or because saving lives somehow stopped being in our national interest. All of this suffering and misery is because a few people were hellbent on ransacking the government and tearing down whatever it is that they didn’t like or they didn’t understand, to hell with the consequences. To them, the lives lost or just the cost of doing business. Move fast and break things is the ethos of Silicon Valley entrepreneurs. But when you move fast and you break things in the United States Agency for International Development, tens of thousands of people perish.

    So let’s start with how we got here. Following Trump’s executive order, Secretary Rubio and Peter Marocco, the new director of the State Department’s Office of Foreign Assistance, issued a stop work order on all 6,200 grants and contracts worldwide. They also ordered an immediate pause on new foreign assistance spending. That meant that partners who had already completed work were not getting paid. Contracts that had already been signed couldn’t be executed. Days later, Marocco, along with a bunch of DOGE staffers, including a 19-year-old and a 23-year-old, physically barged into U.S. aid and forced dozens of senior career officials to be put on leave over so-called insubordination. These people were just doing their jobs. His issue seemingly was with payments that had been approved before the executive order and were then making their way through the USAID payment system. Nevertheless, the career civil servants were escorted out of the building and locked out of their emails.

    Anyone who dared to push back or speak up was sidelined, including the acting administrator, who was pushed out to make way for Marocco to become deputy administrator. As he and his team looked for not just savings or efficiencies, but what they called “viral abuse” that would be easy to mock out of context, Fox Mews stepped into the breach to help for days on end. Their chyrons blared: “Viper’s Nest: USAID Accused of Corruption Long Before Trump Administration Took Aim.” “More Ridiculous USAID Spending Revealed.” “Elon Purged DC’s Slush Fund.”

    As the smear campaign kicked into overdrive. DOGE locked out all of the agency’s employees, including those working in conflict zones, from their phones and emails. And in early February, Musk tweeted, “USAID is a criminal organization. Time for it to die.” Days later, after carrying out the destruction, he wrote, “We spent the weekend feeding USAID into the woodchipper.”

    And just like that, one of the United States’ primary instruments of soft power over the last 60 years, which has done everything from curing diseases to thwarting terrorism, was decapitated overnight. USAID’s success in moral, political, economic, and security terms was made possible by scores of public servants who felt a responsibility to alleviate suffering, even if that meant putting themselves in harm’s way. But in the end, it was torn down by a bunch of crazed ideologues who saw foreign assistance as an easy target to test drive their project of crippling the government.

    Perhaps abolishing the health department or the VA in the first few weeks was a bridge too far. But here was money going to help people in, as Madeleine Albright used to say, faraway places with hard to pronounce names. And no matter how much good it was doing for the people whose lives were saved and communities were built, but also for our national security – none of that mattered when all you had to do was make up some lies to justify the vandalism.

    It’s been only a few months and already the loss of USAID and its critical work around the world has been catastrophic. More than 360,000 people have died as a result of the cuts. 360,000 deaths. And so I will be damned if I let a pundit, or Democratic strategist, or Republican strategist tell me that the American people signed up for allowing 360,000 people to die. On purpose. For what? Deficit reduction? And to Patty Murray’s point, two weeks ago, they just blew up the deficit by trillions of dollars. The amount of money that it takes to save a starving child, or to prevent the transmission of HIV/AIDS from mother to child, is minuscule. And we do this because we’re the good guys. And we do this because it’s cheap. And we do this because when we need something from a friend in a foreign land, they think of us well, because we’re always on the scene to be helpful.

    These are not hypothetical or distant outcomes. We are no longer arguing about what might happen in the future. We are talking about what is happening across the planet right now. People are dying right now, not in spite of us, but because of us. We are causing death. We have gone from being the good guys – flaws, mistakes and all – to being a conduit for death and sickness and hunger.

    A ten-year-old boy named Peter in South Sudan contracted HIV from his mother at birth. His parents died while he was young, but medication through PEPFAR kept him alive. That was until February, when, without access to medication, Peter fell severely sick and later died. The health outreach worker who had cared for him said simply, “If USAID would be here, Peter would not have died.”

    A pregnant woman in a Liberian village hemorrhaged and began to bleed heavily while in labor. But without gas, because of funding cuts, USAID ambulances stood idle, unable to help. And despite her neighbors’ best efforts to carry her ten miles on foot through the jungle to the nearest hospital, she died mid-journey, along with her unborn son.

    Dorcas, a ten-year-old in Zambia, had gotten so used to her routine of taking HIV medication every night with her mom that she was confused when it ran out a few months ago. Her mom recounted: “In the past week, she’ll open up the tin and find that it’s empty. So she’ll run down to the clinic and go check if she can collect her medication, and she’ll come back and say, oh, you’re right, the clinic is closed. They’re not there anymore.”

    In Sudan, which has been ravaged by war and gripped by famine, a mother watched two of her children under the age of three wither from malnutrition and die after a soup kitchen that had been supported by USAID closed overnight. Days before he died, the older of the two children had asked for porridge. “I told him, we don’t have any wheat to make that,” his mother recalled, adding that the soup kitchen’s daily meal – which the family was shared – was a godsend.

    A mother in Nigeria worried about how she would keep her infant alive, having just lost the other twin to malnutrition in the wake of funding cuts. A peanut paste supplement that had been paid for by American foreign assistance had been used to treat her newborns for malnutrition. She wondered about how she’d feed her child. And she said, “I don’t want to bury another child.”

    There are thousands and thousands of gut-wrenching stories just like these – from every corner of the planet; with newborns and children and families and communities. And this is only what’s happened in the last few months. Just imagine what’s going to happen if we codify these cuts.

    We are not going to prevent every death – we know that. We’re not going to be able to feed every child – we understand that. We cannot feasibly help every community that needs help – we accept that. But this is something different altogether. This is knowingly and willingly and needlessly inflicting horrific suffering on millions and millions of the most vulnerable people live anywhere on the planet. And for what? To save money? The idea that any of this is about finding savings, while at the same time, Republicans are exploding the national debt by $4 trillion to cut taxes for billionaires just doesn’t pass the smell test. And to top it all off, the administration is about to incinerate – is about to light on fire – 500 metric tons of food aid because they let it expire while sitting in a warehouse for months.

    They are lighting food on fire. Food grown in the United States, manufactured in the United States, to be sent out to the most vulnerable people on the planet with a sticker with the United States emblem on it. And Making America Great Again, apparently, is doing all of that and then letting it rot in a warehouse and then incinerating it. What the hell are we doing here? You want to have a conversation about debt and deficits? You want to have a conversation about aligning our foreign policy better? You want to have a conversation about whether or not the State Department – not the USAID agency – should have been funding operas and cultural enterprises in foreign countries. Fine. We can have that conversation. But I dare you to justify lighting food on fire.

    It wasn’t so long ago that a Republican senator stood on this very floor, talking about those in his party who claimed that cutting foreign aid was an easy way to save money. “A lot of times people will say, well, ‘Cut foreign aid.’ But foreign aid is less than 1% of our budget. Foreign aid can make a difference when properly used. And if you ever have a chance to travel to the African continent, you will meet people who are alive today because the American taxpayer funded antiviral HIV medications that kept them alive. It is not easy to radicalize people who are alive because of the American taxpayer.” That was Secretary Rubio as Senator Rubio.

    Why is this happening at all? I worry that there is a very specific and rather dark view about what the United States is capable of. It’s a view of our military. It’s a view of our economic power. It’s a view of our cultural power. And it’s a view of our moral authority. Which is the best path forward, as we decline, is to lock it down, is to not engage with the world, is to not project power militarily, culturally, economically, morally.

    We are going from the indispensable nation. And by the way, this is a real thing. If you ever do foreign policy trips, people hang on the words of United States senators who sit on the Foreign Relations Committee. First among equals. People want to know, what’s the United States doing? What’s the United States doing? It doesn’t matter what the issue is. It could be it could be fighting malnutrition. It could be economics and trade. It could be military strategy. Everyone wants to know: what’s the United States doing? You know what has changed in the last six months? They’re moving on from us. They’re not waiting to hear what the United States is doing. They’ve seen what the United States is doing. In Trump 1.0, we could basically be reassuring and say, ‘We’ll be back, don’t worry. We’re going through a rocky time.’

    Now, China is in the breech. China has stepped up. It’s not just that America’s retreat is bad for us. It is really good for China. It is great for Russia. It’s great if you’re Hungary. The Kremlin was nearly instantaneous with its praise calling the dismantling of the foreign aid enterprise a smart move. Autocrats in Hungary and El Salvador also celebrated USAID’s demise. Now there’s a basic principle in political campaigns, which is if you are doing something that your opponent loves, you may want to reconsider whether it’s a good strategy. The moment we did this, all the bad guys were like, ‘Very smart. Good job. We’re very happy for you. Excellent.’ China has seized this opportunity with a little more specificity because they have the opportunity to step into this role. They are working on child nutrition and landmine clearing in Cambodia. Health and education in Nepal. Disaster response in Myanmar. Climate resilience in Mongolia. And it doesn’t take a great deal of imagination to understand what this will look like in a few years’ time. China will become the partner of choice for countries, big and small, all around the world. It will have increased its funding to global bodies like the World Health Organization, enabling it to win leadership posts and rewrite the rules in its favor. And we will have facilitated that process.

    So that’s the background. Now let’s talk about the specifics of what’s in this package. And this point I want to make really clear. And I made this point in the Appropriations Committee. There were a bunch of controversial programs that precipitated this effort to cut USAID. Two points to be made. One, the total dollar amount of all the controversial programs was like in the $100-200 million range. That’s number one.

    Number two is all of those programs were discontinued. This is a budget that was enacted in March. This is Trump’s budget. This is Trump’s State Department. This is Trump’s USAID. And so there is not a single thing that was on that Fox chyron that Marco Rubio is continuing to do. So this rescissions package doesn’t have any of that stuff. And by the way, some of my Republican colleagues who understandably weren’t super engrossed in the details, I had to send them a line-by-line of what these rescissions do. And they’re sitting there going, ‘Where’s the opera in Ecuador? Where’s the cultural exchange program or the parade in South Africa? Where’s all the goofy sounding stuff?’

    And the answer is a lot of that stuff was made up in the first place. But even if you stipulate to the idea that there was inappropriate spending, it’s literally not in this package. What’s in this package is stuff that 90 out of 100 of us have asked for. And what do I mean by that? I mean, as the ranking member of the State and Foreign Ops Subcommittee – basically as a chair or ranking member of any of the subcommittees – you get a bunch of letters from your colleagues saying: ‘This program is important to me. Could you please take care of it in the coming appropriation cycle?’ And these letters are private and I will protect the confidentiality of these interactions. But suffice it to say, a lot of the people voting for the rescissions are also privately asking for me to fund the thing that they are defunding. So this is all about the momentum that came from DOGE and Trump and some tweets and some animus – real animus – to the foreign aid enterprise.

    So let’s go through what’s in it. $4.15 billion for economic support and development assistance. Our economic and development assistance is not charity. It is for countering the influence of the People’s Republic of China or promoting regional stability. This work is in our economic and security interests. If this administration disagrees with some of the projects pursued by the previous administration, the good news is they have pretty broad authority to reprogram the money. Like if we’re doing a program, I don’t want to name a country because it’ll have foreign policy implications. If we’re doing a program in a country and this administration says, you know, that’s not as important. They don’t have to rescind the money. They can reprogram it to China or Russia or Ukraine or whatever it is. They have that flexibility. What they are saying is they want less money to counter foreign influence.

    $563 million for treaty dues. Now we’re members of organizations with whom we disagree. That’s kind of the deal, right? Because if we want to be in an international forum, even arguing for our interests, even arguing against other countries, or being frustrated with the body with which we’re interacting, we have two choices. We can either participate. Or if we don’t pay our dues, we relegate ourselves to something called observer status, which basically means we’re on the outside looking in. In order to get in the room, you got to pay your dues to the relevant organization. And that is what we’re doing here. We’re rescinding all the funds for all of the payments to all these international organizations.

    Why? Not because it’s in our foreign policy interests. It’s actually not, but because a bunch of ideologues don’t actually understand how foreign policy works. And that’s the thing here. You can have a different view under whatever it is to have an America First foreign policy. But this isn’t that. This is just vandalism, right? I’m not having a disagreement with Jim Risch about how hawkish to be or how much to prioritize global health versus something else. We’re just literally cutting off our nose to spite our face, because what they want is vandalism to the enterprise. And the tools of foreign policy are being shredded. So this isn’t about policy unless you think the policy is: I wish my State Department were weaker. I wish the tools in our toolkit were more limited. I wish our ability to prevent war and keep nations stable were less well funded. I wish that the only tool in our toolkit was military might.

    And it is not a small thing that many former Secretaries of Defense have said something along the lines of if you defund foreign aid, I’m going to need more ammunition because this is the cheapest way to prevent war.

    $500 million from global health programs. Now, the new Republican proposal protects some of those programs funded by this account, but it leaves out pandemic prevention, family planning, and work on a wide range of issues.

    $1.3 billion for migration and refugee assistance and international disaster assistance. This funding supports our efforts to help refugees and other displaced people in conflict zones around the world. You know, most of us at some point out of the 100 of us do some sort of CODEL, some sort of foreign travel, and this is the kind of stuff we visit. And this is the stuff on a bipartisan basis that we all nod approvingly about. It’s great that we’re doing this. It’s great that we’re providing this kind of assistance. And $1.3 billion for refugee assistance is being cut.

    And I’ll tell you why. It’s because it’s got the word refugee in it. I mean, that’s how they figured out what they wanted to cut, right? They ran word searches. They’re pretending it’s sophisticated. Maybe it was, maybe it wasn’t. But all they were doing was looking for words like gender. Or looking for words like climate. Looking for words like equity. Looking for words like refugee. And if the program was named in such a way that it mentioned it, just use those words. It was out. Just totally preposterous.

    Our contributions to and participate to participation in organizations like UNICEF is being cut. I mean, good luck explaining why you cut UNICEF. I’m pretty good at like imagining what my political competitors on the other side of the aisle would say. But why did you cut UNICEF? Like, are you trying to pretend that some number of hundreds of millions of dollars to prevent starvation among children is like going to do the trick in terms of getting debt and deficits under control? Nobody actually believes that. Why are you cutting UNICEF? If this is about tightening our belts? Why would you cut UNICEF?

    $460 million for the assistance for Europe, Eurasia and Central Asia. This account funds a whole bunch of bipartisan foreign policy priorities, including energy security in Ukraine, that will be cut completely if this recession is enacted. If there were programs under the previous administration that the current administration disagrees with, good news: they literally have the authority to reprogram those dollars. This is two-year money. It doesn’t actually have to be spent by the end of the federal fiscal year. They have pretty good authority to reprogram it, but they don’t want to reprogram it to something that they consider important. They want to shred the enterprise.

    $125 million for the U.S. Agency for International Development operating expenses. Now, this administration is illegally dismantling USAID and functionally merging it under the State Department. Here’s the problem with the $125 million. And yes, it’s admin expenses. I’ve been in the nonprofit sector and I’ve been in the grant giving side, and nobody loves the idea of paying for administrative expenses. But I know for a fact the State Department didn’t want this in the rescissions package. Because now that they have merged USAID under the State Department, they literally don’t have the money, and they’ve got to absorb $125 million hit.

    $100 million for the Transition Initiatives in the Complex Crisis Fund. This is flexible funding and contingency accounts that didn’t expire, and the administration can program it in any way they want.

    $83 million for the Democracy Fund. $83 million. Promoting democratic values is directly in our interest and supporting resistance to dictators – resistance to dictators. We’re cutting resistance to dictators. Good for us. Make America Great Again. Ronald Reagan would be proud. The party of Cold Warriors, the party that vanquished the Soviet Union, the party that claims a hawkish mantle is now saying, you know what? This thing which is probably 0.00 whatever of the entire federal spend and an even tinier amount of the debt and deficit of the United States. Let’s defund that, because it’s not our business if dictators maintain power. It’s a real change in policy here.

    $27 million for the Inter-American Foundation. This provides small, cost effective grants and technical support for locally led development projects. Strengthening stability and self-reliance in partner countries is in our interest. And this is another one that I get a lot of letters from these guys saying, ‘Please fund it. Dear Ranking Chairman Graham and Ranking Member Schatz, this program is super important. And would you please fund it in the next appropriations cycle?’ That’s the private letter that we get. The public action is to rescind the money.

    $22 million for the African Development Foundation. The administration says the African Development Foundation’s work is duplicative of the State Department’s work. But the kind of grants and technical support that the African Development Foundation provides is not available through the State Department.

    15 million bucks for the United States Institute of Peace. A creature of statute. A creature of one of the first senators from the great state of Hawai‘i. Mr. Spark Matsunaga.

    The through line between all of this is that there’s no correlation between the rationale provided by the administration for these cuts, and what’s actually in the package. And I’ve talked to Eric Schmidt, with whom I have a reasonable, functional working relationship. But we’re like talking past each other. Because every time I talk about what’s actually in this package, he pivots back to what’s actually not in this package and starts naming line items on things that are not in the eight-page rescissions bill. This is not the BBB which took 11.5 hours to read. This thing is eight pages. You can go and see there is no line item for $1.8 billion for operas and festivals and underwater basket weaving and whatever else nonsense people wanted to characterize as the U.S. foreign aid enterprise. This is economic support funds. This is global public health. This is humanitarian assistance. This is helping our friends in Jordan and elsewhere to maintain the basic stability so that there is not a conflagration in a region. That’s what’s in this package. That is what’s being rescinded from this package.

    I understand that there is some obligation as a party member to oblige the requests of this party’s president. I get it. But we are still a system with separate, co-equal, independent branches of government. The problem is, if you don’t assert your authority, you don’t functionally have it. So it’s true that we hold the purse strings. It’s true that we’re the Article One branch. It’s true that we’re in charge of whether a bill passes or not. But I will tell you, the thing that is most alarming to me is not the bad policy outcomes – and there are terrible policy outcomes. The thing that is most alarming to me is that I have not yet seen in the last six months, in this final term of Donald Trump, what I saw in the first term of Donald Trump. Which is quietly, not rudely, not provocatively, but occasionally, this branch of government, on a bipartisan basis, stood up for itself and said – and those guys would say – ‘Look, we love you, Mr. Trump. We love you, Mr. President. But on this one, I can’t be with you.’

    And on BBB, I understand, like it’s very hard to reject the president’s signature policy accomplishment. But this seemed like one where we could have gotten four no votes. This really did, to me, seem like one where it would be a good opportunity to stand up to the president and just say, like, we’re going to do the appropriating over here. Like, let me show you what Article One says and what Article Two says, and we’re going to defer to you on lots of matters, but not 100% of matters.

    And so my question is if they’re going to have the votes to enact this rescission package. When is it that Republicans are going to stand up for their own prerogatives? And why would you run for office? Would you put your family through all of that? Would you go through the difficulty of a campaign? Would you go through the difficulty of being a public figure and subject to scrutiny and criticism, and all of the late nights and the kind of uncomfortable interactions and all that? It really is a sacrifice. It’s certainly an honor, but it’s also a sacrifice. Why would you do that if you don’t get to make up your own mind?

    I don’t pretend to be able to get into the mind or the position of a Republican colleague of mine. I’m from Hawaii. It’s different. But I do think that there’s a point at which it’s just not worth it to give this guy every single thing that he wants. And it would be important, and it will age well, and your family will be happy and your staff will be secretly happy, at least some of them, if at some point you establish that there are some limits to the executive branch’s power.

    MIL OSI USA News

  • MIL-OSI Security: Medford Man Sentenced to Federal Prison for Coercing and Sexually Exploiting a Minor Online

    Source: Office of United States Attorneys

    MEDFORD, Ore.—A Medford man was sentenced to federal prison today for using Snapchat and Kik Messenger, online social media and messaging platforms, to coerce and sexually exploit an Oregon child online.

    Nicholas James Shaw, 38, was sentenced to 120 months in federal prison and a lifetime term of supervised release. He was also ordered to pay $66,000 in restitution to his victims.

    According to court documents, in March 2022, Homeland Security Investigations (HSI) received CyberTips from Snapchat and Kik Messenger regarding child sexual exploitation materials uploaded to their platforms between October 2021 and April 2022. Investigators traced the accounts to Shaw and learned that, for approximately eight months, Shaw had engaged in sexually explicit communications with a minor online and coerced the victim into producing and sending him sexually explicit photos and videos. 

    On June 28, 2022, HSI agents executed a federal search warrant on Shaw’s residence and seized several electronic devices which contained child sexual abuse material.

    On June 29, 2022, Shaw was arrested and charged by criminal complaint with transportation, receipt, distribution, possession, and access with intent to view child pornography.

    On January 21, 2025, Shaw pleaded guilty to coercion and enticement of a minor. As part of the plea agreement, Shaw agreed to pay restitution in full to his victims and forfeit criminally derived property used to facilitate his crimes.

    This case was investigated by HSI with assistance from the Medford Police Department. It was prosecuted by John C. Brassell, Assistant U.S. Attorney for the District of Oregon.

    Anyone who has information about the physical or online exploitation of children are encouraged to contact HSI at (866) 347-2423 or submit a tip online at report.cybertip.org.

    Federal law defines child pornography as any visual depiction of sexually explicit conduct involving a minor. It is important to remember child sexual abuse material depicts actual crimes being committed against children. Not only do these images and videos document the victims’ exploitation and abuse, but when shared across the internet, re-victimize and re-traumatize the child victims each time their abuse is viewed. To learn more, please visit the National Center for Missing & Exploited Children at www.missingkids.org.

    This case was brought as part of Project Safe Childhood, a nationwide initiative launched in May 2006 by the Department of Justice to combat the growing epidemic of child sexual exploitation and abuse. For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    MIL Security OSI

  • MIL-OSI: Lightchain AI Confirms Late July Mainnet Launch, Introducing AI-Driven Blockchain Efficiency

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI has confirmed the official launch of its mainnet for late July 2025, marking a significant step in integrating artificial intelligence with decentralized infrastructure. The protocol introduces a novel approach to blockchain energy use through a Proof-of-Intelligence consensus mechanism designed to optimize performance and utility.

    Unlike traditional consensus methods that rely on energy-intensive computation, Lightchain AI incentivizes node operators to perform meaningful AI tasks—such as model training and inference—verified using cryptographic proofs. This mechanism supports the network’s broader mission of enhancing computational efficiency while enabling scalable, privacy-preserving AI operations.

    “Our upcoming launch represents the culmination of months of development, community building, and presale execution,” said a Lightchain AI spokesperson. “By integrating AI into blockchain consensus and providing developers with flexible tools, we aim to support use cases that go beyond infrastructure—powering decentralized, intelligent applications that are energy-efficient and future-ready.”

    Key features of Lightchain AI’s ecosystem include:

    • Artificial Intelligence Virtual Machine (AIVM): Executes AI tasks across the network while preserving privacy using zero-knowledge machine learning (zkML)
    • Proof-of-Intelligence (PoI): A new consensus model rewarding nodes for useful AI computations rather than traditional mining
    • Smart Gas Optimization: Dynamically adjusts transaction fees based on task complexity and network load to reduce costs
    • Developer Support: Public GitHub repository, APIs, SDKs, and full technical documentation to encourage open collaboration
    • Sustainability Focus: Promotes real-world efficiency by aligning blockchain energy use with productive AI computation

    With all 15 presale stages completed and $21.1 million raised, Lightchain AI has opened its Bonus Round at a fixed price of $0.007, giving early supporters continued access to the network ahead of mainnet activation. Token purchases are available using ETH or USDT directly through the official platform.

    The project is also launching a $150,000 grant program to encourage developers, data providers, and application creators to build tools, oracles, and AI-based solutions on the Lightchain protocol. Validator onboarding has begun, and community contributions are being welcomed ahead of the GitHub repository’s official release.

    Lightchain AI’s July launch is expected to attract developers, researchers, and ecosystem partners interested in the intersection of decentralized technology and artificial intelligence. The protocol’s architecture is designed to support a broad range of AI use cases, from finance and logistics to health and scientific research, while maintaining blockchain-native transparency and security.

    For updates and participation details, visit:
    https://lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2126248e-0ff2-44b7-ba3b-c9df479d605e

    The MIL Network

  • MIL-OSI: Lightchain AI Confirms Late July Mainnet Launch, Introducing AI-Driven Blockchain Efficiency

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI has confirmed the official launch of its mainnet for late July 2025, marking a significant step in integrating artificial intelligence with decentralized infrastructure. The protocol introduces a novel approach to blockchain energy use through a Proof-of-Intelligence consensus mechanism designed to optimize performance and utility.

    Unlike traditional consensus methods that rely on energy-intensive computation, Lightchain AI incentivizes node operators to perform meaningful AI tasks—such as model training and inference—verified using cryptographic proofs. This mechanism supports the network’s broader mission of enhancing computational efficiency while enabling scalable, privacy-preserving AI operations.

    “Our upcoming launch represents the culmination of months of development, community building, and presale execution,” said a Lightchain AI spokesperson. “By integrating AI into blockchain consensus and providing developers with flexible tools, we aim to support use cases that go beyond infrastructure—powering decentralized, intelligent applications that are energy-efficient and future-ready.”

    Key features of Lightchain AI’s ecosystem include:

    • Artificial Intelligence Virtual Machine (AIVM): Executes AI tasks across the network while preserving privacy using zero-knowledge machine learning (zkML)
    • Proof-of-Intelligence (PoI): A new consensus model rewarding nodes for useful AI computations rather than traditional mining
    • Smart Gas Optimization: Dynamically adjusts transaction fees based on task complexity and network load to reduce costs
    • Developer Support: Public GitHub repository, APIs, SDKs, and full technical documentation to encourage open collaboration
    • Sustainability Focus: Promotes real-world efficiency by aligning blockchain energy use with productive AI computation

    With all 15 presale stages completed and $21.1 million raised, Lightchain AI has opened its Bonus Round at a fixed price of $0.007, giving early supporters continued access to the network ahead of mainnet activation. Token purchases are available using ETH or USDT directly through the official platform.

    The project is also launching a $150,000 grant program to encourage developers, data providers, and application creators to build tools, oracles, and AI-based solutions on the Lightchain protocol. Validator onboarding has begun, and community contributions are being welcomed ahead of the GitHub repository’s official release.

    Lightchain AI’s July launch is expected to attract developers, researchers, and ecosystem partners interested in the intersection of decentralized technology and artificial intelligence. The protocol’s architecture is designed to support a broad range of AI use cases, from finance and logistics to health and scientific research, while maintaining blockchain-native transparency and security.

    For updates and participation details, visit:
    https://lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2126248e-0ff2-44b7-ba3b-c9df479d605e

    The MIL Network

  • MIL-OSI: Lightchain AI Confirms Late July Mainnet Launch, Introducing AI-Driven Blockchain Efficiency

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 16, 2025 (GLOBE NEWSWIRE) — Lightchain AI has confirmed the official launch of its mainnet for late July 2025, marking a significant step in integrating artificial intelligence with decentralized infrastructure. The protocol introduces a novel approach to blockchain energy use through a Proof-of-Intelligence consensus mechanism designed to optimize performance and utility.

    Unlike traditional consensus methods that rely on energy-intensive computation, Lightchain AI incentivizes node operators to perform meaningful AI tasks—such as model training and inference—verified using cryptographic proofs. This mechanism supports the network’s broader mission of enhancing computational efficiency while enabling scalable, privacy-preserving AI operations.

    “Our upcoming launch represents the culmination of months of development, community building, and presale execution,” said a Lightchain AI spokesperson. “By integrating AI into blockchain consensus and providing developers with flexible tools, we aim to support use cases that go beyond infrastructure—powering decentralized, intelligent applications that are energy-efficient and future-ready.”

    Key features of Lightchain AI’s ecosystem include:

    • Artificial Intelligence Virtual Machine (AIVM): Executes AI tasks across the network while preserving privacy using zero-knowledge machine learning (zkML)
    • Proof-of-Intelligence (PoI): A new consensus model rewarding nodes for useful AI computations rather than traditional mining
    • Smart Gas Optimization: Dynamically adjusts transaction fees based on task complexity and network load to reduce costs
    • Developer Support: Public GitHub repository, APIs, SDKs, and full technical documentation to encourage open collaboration
    • Sustainability Focus: Promotes real-world efficiency by aligning blockchain energy use with productive AI computation

    With all 15 presale stages completed and $21.1 million raised, Lightchain AI has opened its Bonus Round at a fixed price of $0.007, giving early supporters continued access to the network ahead of mainnet activation. Token purchases are available using ETH or USDT directly through the official platform.

    The project is also launching a $150,000 grant program to encourage developers, data providers, and application creators to build tools, oracles, and AI-based solutions on the Lightchain protocol. Validator onboarding has begun, and community contributions are being welcomed ahead of the GitHub repository’s official release.

    Lightchain AI’s July launch is expected to attract developers, researchers, and ecosystem partners interested in the intersection of decentralized technology and artificial intelligence. The protocol’s architecture is designed to support a broad range of AI use cases, from finance and logistics to health and scientific research, while maintaining blockchain-native transparency and security.

    For updates and participation details, visit:
    https://lightchain.ai
    Whitepaper
    Twitter/X
    Telegram

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/2126248e-0ff2-44b7-ba3b-c9df479d605e

    The MIL Network

  • MIL-OSI: GL’s Drive Testing for Assessing Voice Quality and Network Performance

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., July 16, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their Drive Testing for Voice Quality and Network Performance solution, designed to empower service providers, regulators, and device manufacturers to accurately assess wireless network quality across 5G, 4G, and 3G technologies.

    [For illustration, refer to drive-and-walk-testing-for-vqt.jpg]

    As mobile networks grow, real-world testing is essential to identify issues such as weak coverage, dropped calls, and slow data speeds. Drive testing captures performance data while moving through various environments, enabling operators to pinpoint problem areas, accelerate resolution, and enhance user experience.

    Robert Bichefsky, Director of Engineering at GL Communications Inc., highlighted the tool’s capabilities, stating, “GL’s Drive Testing for Voice Quality and Network Performance solution is powered by the ultra-portable vMobile™ device—a lightweight, handheld unit designed for both drive and walk testing. The system supports scalable, multi-device testing, connecting to two mobile phones via Bluetooth or a mobile radio via an analog Push-to-Talk interface. Through automated scripting, the vMobile™ can place, receive, and end calls while recording audio for detailed voice quality analysis.”

    One of the key features of the vMobile™ is its embedded Wi-Fi and Bluetooth connectivity, which facilitates remote control and real-time streaming of test results to a centralized system. This eliminates the need for manual data collection and enables field engineers to monitor test progress and results live. The device also integrates GPS for precise location stamping of all test events, ensuring that network performance data can be accurately mapped.

    [For more information, refer to Voice Quality Drive Test and Voice Quality Walk Test]

    For indoor environments where GPS signals may be weak or unavailable, GL’s Indoor Tracking System (ITS) provides an effective alternative, maintaining location accuracy during walk tests inside buildings or underground facilities.

    [For more information, refer to Voice Quality Testing Inside Buildings]

    The vMobile™ solution offers flexible deployment—whether vehicle-mounted for drive testing, used in labs, or carried for walk testing. It captures collected data, including Voice Quality Metrics based on ITU-standard algorithms such as POLQA, PESQ, and DAQ, all transmitted to a centralized database. Along with the Mean Opinion Score, it records one-way and round-trip delays, signal and noise levels, audio dropout, frequency and power analysis, data throughput, success/failure/drop rates, network delays, and signal strength. The solution also includes API support for automated control of vMobile™ scripts.

    In addition to voice testing, the solution enables simultaneous data testing using GL’s NetTest app, which runs TCP and UDP speed tests in parallel with voice calls. This multi-dimensional approach delivers a comprehensive view of network performance under real-world conditions.

    GL’s WebViewer™ software visualizes test results using interactive Google Maps and graphical dashboards, helping operators and regulators identify coverage gaps, performance issues, and areas needing improvement. It offers centralized data management, including real-time monitoring, custom report generation, and automated email distribution. With cloud access and remote-control support, users can easily manage and analyze multiple test campaigns across locations. Results can be exported in PDF, Excel, or CSV formats and viewed through line/bar graphs and map-based pass/fail indicators.

    [For more information, refer to Web Dashboard Displaying Results]

    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: GL’s Drive Testing for Assessing Voice Quality and Network Performance

    Source: GlobeNewswire (MIL-OSI)

    GAITHERSBURG, Md., July 16, 2025 (GLOBE NEWSWIRE) — GL Communications Inc., a global leader in telecom testing solutions, addressed the press regarding their Drive Testing for Voice Quality and Network Performance solution, designed to empower service providers, regulators, and device manufacturers to accurately assess wireless network quality across 5G, 4G, and 3G technologies.

    [For illustration, refer to drive-and-walk-testing-for-vqt.jpg]

    As mobile networks grow, real-world testing is essential to identify issues such as weak coverage, dropped calls, and slow data speeds. Drive testing captures performance data while moving through various environments, enabling operators to pinpoint problem areas, accelerate resolution, and enhance user experience.

    Robert Bichefsky, Director of Engineering at GL Communications Inc., highlighted the tool’s capabilities, stating, “GL’s Drive Testing for Voice Quality and Network Performance solution is powered by the ultra-portable vMobile™ device—a lightweight, handheld unit designed for both drive and walk testing. The system supports scalable, multi-device testing, connecting to two mobile phones via Bluetooth or a mobile radio via an analog Push-to-Talk interface. Through automated scripting, the vMobile™ can place, receive, and end calls while recording audio for detailed voice quality analysis.”

    One of the key features of the vMobile™ is its embedded Wi-Fi and Bluetooth connectivity, which facilitates remote control and real-time streaming of test results to a centralized system. This eliminates the need for manual data collection and enables field engineers to monitor test progress and results live. The device also integrates GPS for precise location stamping of all test events, ensuring that network performance data can be accurately mapped.

    [For more information, refer to Voice Quality Drive Test and Voice Quality Walk Test]

    For indoor environments where GPS signals may be weak or unavailable, GL’s Indoor Tracking System (ITS) provides an effective alternative, maintaining location accuracy during walk tests inside buildings or underground facilities.

    [For more information, refer to Voice Quality Testing Inside Buildings]

    The vMobile™ solution offers flexible deployment—whether vehicle-mounted for drive testing, used in labs, or carried for walk testing. It captures collected data, including Voice Quality Metrics based on ITU-standard algorithms such as POLQA, PESQ, and DAQ, all transmitted to a centralized database. Along with the Mean Opinion Score, it records one-way and round-trip delays, signal and noise levels, audio dropout, frequency and power analysis, data throughput, success/failure/drop rates, network delays, and signal strength. The solution also includes API support for automated control of vMobile™ scripts.

    In addition to voice testing, the solution enables simultaneous data testing using GL’s NetTest app, which runs TCP and UDP speed tests in parallel with voice calls. This multi-dimensional approach delivers a comprehensive view of network performance under real-world conditions.

    GL’s WebViewer™ software visualizes test results using interactive Google Maps and graphical dashboards, helping operators and regulators identify coverage gaps, performance issues, and areas needing improvement. It offers centralized data management, including real-time monitoring, custom report generation, and automated email distribution. With cloud access and remote-control support, users can easily manage and analyze multiple test campaigns across locations. Results can be exported in PDF, Excel, or CSV formats and viewed through line/bar graphs and map-based pass/fail indicators.

    [For more information, refer to Web Dashboard Displaying Results]

    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: reAlpha Tech Corp. Announces Pricing of $2 Million Public Offering

    Source: GlobeNewswire (MIL-OSI)

    DUBLIN, Ohio, July 16, 2025 (GLOBE NEWSWIRE) — reAlpha Tech Corp. (Nasdaq: AIRE) (the “Company” or “reAlpha”), an AI-powered real estate technology company, today announced the pricing of a public offering of an aggregate of 13,333,334 shares of its common stock, together with Series A-1 warrants to purchase up to 13,333,334 shares of common stock and Series A-2 warrants to purchase up to 13,333,334 shares of common stock, at a combined public offering price of $0.15 per share and accompanying warrants. The Series A-1 warrants and the Series A-2 warrants will have an exercise price of $0.15 per share and will be exercisable beginning on the effective date of stockholder approval of the issuance of the shares upon exercise of the warrants. The Series A-1 warrants will expire five years from the date of stockholder approval and the Series A-2 warrants will expire twenty-four months from the date of stockholder approval. The closing of the offering is expected to occur on or about July 18, 2025, subject to the satisfaction of customary closing conditions.

    H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering.

    The gross proceeds from the offering, before deducting the placement agent’s fees and other offering expenses payable by the Company, are expected to be approximately $2 million. The Company intends to use the net proceeds from this offering for working capital and general corporate purposes, which could include repayment of debt, future acquisitions, capital expenditures and the purchase of cryptocurrencies in accordance with the Company’s cryptocurrency investment policy.

    The securities described above are being offered pursuant to a registration statement on Form S-1 (File No. 333-288571), which was declared effective by the Securities and Exchange Commission (the “SEC”) on July 16, 2025. The offering is being made only by means of a prospectus forming part of the effective registration statement relating to the offering. A preliminary prospectus relating to the offering has been filed with the SEC. Electronic copies of the final prospectus, when available, may be obtained on the SEC’s website at http://www.sec.gov and may also be obtained by contacting H.C. Wainwright & Co., LLC at 430 Park Avenue, 3rd Floor, New York, NY 10022, by phone at (212) 856-5711 or e-mail at placements@hcwco.com.

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

    About reAlpha Tech Corp.

    reAlpha Tech Corp. (Nasdaq: AIRE) is an AI-powered real estate technology company transforming the multi-trillion-dollar U.S. real estate services market. reAlpha is developing an end-to-end platform that streamlines real estate transactions through integrated brokerage, mortgage, and title services. With a strategic, acquisition-driven growth model and proprietary AI infrastructure, reAlpha is building a vertically integrated ecosystem designed to deliver a simpler, smarter, and more affordable path to homeownership. For more information, visit www.realpha.com.

    Forward-Looking Statements

    The information in this press release includes “forward-looking statements.” Any statements other than statements of historical fact contained herein, including statements as to the completion of the offering, the satisfaction of customary closing conditions related to the offering, the receipt of stockholder approval and the intended use of net proceeds from the offering, are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may”, “should”, “could”, “might”, “plan”, “possible”, “project”, “strive”, “budget”, “forecast”, “expect”, “intend”, “will”, “estimate”, “anticipate”, “believe”, “predict”, “potential” or “continue”, or the negatives of these terms or variations of them or similar terminology. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: reAlpha’s ability to regain and sustain compliance with the Nasdaq Capital Market’s continued listing standards and remain listed on the Nasdaq Capital Market; reAlpha’s ability to pay contractual obligations; reAlpha’s liquidity, operating performance, cash flow and ability to secure adequate financing; reAlpha’s limited operating history and that reAlpha has not yet fully developed its AI-based technologies; whether reAlpha’s technology and products will be accepted and adopted by its customers and intended users; reAlpha’s ability to commercialize its developing AI-based technologies; reAlpha’s ability to successfully enter new geographic markets; reAlpha’s ability to integrate the business of its acquired companies into its existing business and the anticipated demand for such acquired companies’ services; reAlpha’s ability to scale its operational capabilities to expand into additional geographic markets and nationally; the potential loss of key employees of reAlpha and of its subsidiaries; the outcome of certain outstanding legal proceedings against reAlpha; reAlpha’s ability to obtain, and maintain, the required licenses to operate in the U.S. states in which it, or its subsidiaries, operate in, or intend to operate in; reAlpha’s ability to successfully identify and acquire companies that are complementary to its business model; the inability to maintain and strengthen reAlpha’s brand and reputation; any accidents or incidents involving cybersecurity breaches and incidents; the inability to accurately forecast demand for AI-based real estate-focused products; the inability to execute business objectives and growth strategies successfully or sustain reAlpha’s growth; the inability of reAlpha’s customers to pay for reAlpha’s services; the inability of reAlpha to obtain additional financing or access the capital markets to fund its ongoing operations on acceptable terms and conditions; the outcome of any legal proceedings that might be instituted against reAlpha; changes in applicable laws or regulations, and the impact of the regulatory environment and complexities with compliance related to such environment; and other risks and uncertainties indicated in reAlpha’s SEC filings. Forward-looking statements are based on the opinions and estimates of management at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements. Although reAlpha believes that the expectations reflected in the forward-looking statements are reasonable, there can be no assurance that such expectations will prove to be correct. reAlpha’s future results, level of activity, performance or achievements may differ materially from those contemplated, expressed or implied by the forward-looking statements, and there is no representation that the actual results achieved will be the same, in whole or in part, as those set out in the forward-looking statements. For more information about the factors that could cause such differences, please refer to reAlpha’s filings with the SEC. Readers are cautioned not to put undue reliance on forward-looking statements, and reAlpha does not undertake any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

    Media Contact:
    Cristol Rippe, Chief Marketing Officer
    cristol@realpha.com

    Investor Relations Contact:
    Adele Carey, VP of Investor Relations
    investorrelations@realpha.com

    The MIL Network

  • MIL-OSI China: China’s supply chain expo highlights global push for cooperation, openness

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

    BEIJING, July 16 — As the third China International Supply Chain Expo (CISCE) opened in Beijing on Wednesday, global business executives and officials voiced a collective need to reinforce supply chains through open markets, innovation, and multilateral engagement.

    “This event is much more than an expo. It is a forest of connections between economies, industries, and people,” John Denton, the secretary-general of the International Chamber of Commerce, said in his speech. “We are here together to advance our shared prosperity.”

    Denton’s remarks echoed a widespread consensus among attendees that building trust and deeper integration — spanning AI innovation to global manufacturing collaboration — is essential for effectively navigating the increasing global uncertainties.

    Held from July 16 to 20, the 2025 CISCE gathered more than 650 companies and institutions from 75 countries, regions and international organizations, along with over 500 of their upstream and downstream partners.

    Foreign exhibitors made up 35 percent of the total participation — an indicator of enduring business interest in the face of rising geopolitical and economic headwinds.

    Hosted by the China Council for the Promotion of International Trade (CCPIT), the expo is the world’s first national-level expo dedicated exclusively to supply chains.

    In the lead-up to the event, Wang Yiwei, director of the Institute of International Affairs at Renmin University of China, said that active engagement from multinational firms reflects the “continued momentum and irreversibility of globalization.”

    Wang noted that China, with the world’s most complete and largest industrial system, is playing a growing role in driving global development through digital and green transformation — and is increasingly seen as an innovation lab.

    China’s expanding role in global innovation ecosystems, especially in AI, was underscored by Nvidia CEO Jensen Huang, who delivered a speech during his first CISCE appearance.

    Calling China’s supply chain “a miracle,” Huang highlighted the country’s fast-growing AI technologies and its global reach. “China’s open-source AI is a catalyst for global progress,” he said, as it enables broader access to innovation and supports international cooperation on standards and safeguards.

    In an interview on the sidelines of the expo, Huang reaffirmed Nvidia’s long-term commitment to the Chinese market. “If you want to maintain, you have to invest,” he said. “The market is moving so fast and it’s so competitive — we have to continue to advance ourselves.”

    He added that China’s technology market is growing rapidly and remains a key focus for the company, calling it “a very important market with dynamic, innovative customers.”

    The expo comes on the heels of China’s announcement of a 5.3 percent economic growth for the first half of the year despite rising challenges and external uncertainties.

    “China is entering a new cycle of market opportunity,” said Lin Chunmei, president and general manager of Corning Greater China, in an interview with Xinhua. “With the rise of AI and cloud technologies, the AI infrastructure market is growing faster than ever.”

    She noted that China’s steady and resilient economy, along with its stable and open business environment, continues to support the growth of enterprises. “Over the past few decades, we’ve seen consistent improvements in China’s business climate,” she added.

    At the opening ceremony, the CCPIT and global business representatives issued a joint initiative calling for supply chain stability and security, digital and green transformation, and stronger international cooperation.

    Ren Hongbin, chairman of the CCPIT, said the expo has become a platform for China’s high-standard opening up, urging collective efforts to safeguard multilateralism and build a more interconnected future.

    MIL OSI China News

  • MIL-OSI China: Eyeing China opportunities, multinational giants seek closer supply chain collaboration with Chinese partners

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

    Eyeing China opportunities, multinational giants seek closer supply chain collaboration with Chinese partners

    BEIJING, July 16 — As the third China International Supply Chain Expo opened Wednesday in Beijing, multinational companies are looking to strengthen supply chain collaborations in a move that will inject more certainty into the world economy.

    The five-day event has attracted 651 companies and institutions from 75 countries and regions. Overseas exhibitors account for 35 percent, a three-percentage-point increase from last year. Among the first-time multinational participants are major players such as Nvidia, Schneider Electric, L’Oreal, Louis Dreyfus and Medtronic.

    The growth in global participation highlights mounting confidence in the Chinese market and supply chain. The participating companies see China as both a stabilizing force and an innovation driver in the global supply chain.

    “The expo is an important gathering for innovation and collaboration, helping to strengthen the sustainable development of global manufacturing and international supply chains,” said Mohamed Kande, global chairman of PwC.

    CLOSER COLLABORATION

    The expo comes on the heels of China’s announcement of a 5.3 percent economic growth for the first half of the year despite rising challenges and external uncertainties.

    China’s steady economic growth, coupled with its robust supply chain and commitment to further opening up, positions it as a key partner for multinational companies.

    Jensen Huang, CEO of U.S. tech giant Nvidia, on Tuesday praised China’s rapid advancements in artificial intelligence (AI) during his visit to Beijing, describing the Chinese market as both “large” and “dynamic.”

    While speaking at the opening ceremony of the expo on Wednesday, Huang lauded China’s supply chain as a “miracle.” China’s open-source AI is a catalyst for global progress, giving every country and industry a chance to join the AI revolution, he said.

    “China is a very important country where the development of AI will continue to be very fast and we hope to be part of that,” Huang told reporters on Wednesday, adding that there’s so much opportunity and confidence in the Chinese market.

    Huang confirmed on Tuesday that Nvidia’s H20 chips will soon be available in the Chinese market again, following the U.S. government’s approval of the company’s filing licenses for shipping H20s to China.

    The expo has become a key venue for global firms to forge and expand supply chain collaborations.

    The expo serves as a platform for expanding McDonald’s supply chain partnerships, Xu Jansen, head of Impact Strategy at M (China) Co., Ltd. The fast food chain attended the expo for a second straight year, teaming up with 11 suppliers this year.

    Xu emphasized the importance of the Chinese market, noting that half of the 2,000 new McDonald’s stores opening each year globally are located here.

    The company has built a network of local suppliers and also helped many of them ship products overseas. China serves as a stabilizer to the global supply chain and global economic growth, Xu said in an interview.

    For French pharmaceutical giant Sanofi, the expo is also an opportunity to showcase its ecosystem and build collaborations.

    “Here, we explore innovative collaborations with our global partners, from R&D to production and patient accessibility enhancement, and share the latest results of localized practices,” said Wayne Shi, president of Sanofi Greater China. Sanofi will continue to support the Healthy China initiative with innovative drugs and vaccines, Shi said.

    RESILIENCE

    Business executives and experts assert that, given the current global economic climate, no single country can fulfill every role in industrial and supply chains. It is essential for countries to work together to achieve win-win results.

    Global firms view China as a pivotal destination for enhancing and diversifying their supply chains, owing to the country’s vast manufacturing capacity, robust industrial ecosystem, and improving business environment.

    Xiao Song, chairman, president and CEO of Siemens China, said that at a time when the global industrial landscape is undergoing rapid restructuring, the expo is becoming an important platform to promote the deep integration of all sections of the industrial chain.

    Siemens aims to help Chinese firms upgrade with digital and low-carbon technologies, helping build a green competitive edge globally as well as a more resilient and sustainable global industrial and supply chains, Xiao said.

    As the world’s first national-level exhibition focusing on supply chains, the expo is an internationally shared public product. First held in 2023, the expo has contributed to building more secure, stable, open and inclusive global industrial and supply chains.

    With over 70 special events and new alliances for exhibitors in each of the six supply chains showcased at the expo, the expo helps enterprises find partners, application scenarios and solutions, according to Ren Hongbin, chairman of the China Council for the Promotion of International Trade, the event’s organizer.

    Ren called on global business leaders to work together to uphold the multilateral trade system with the World Trade Organization at its core.

    Xu Jiabin, a professor at the Business School of Renmin University of China, said that as a manufacturing and trading powerhouse, China has made significant contributions to the stability and resilience of the global supply chain.

    “The expo will help mitigate the negative effects of trade barriers and safeguard the global international economic and trade order,” Xu said.

    MIL OSI China News

  • MIL-OSI: Red White & Bloom Brands Confirms Date for Reconvened Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 16, 2025 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that its 2025 Annual General Meeting of Shareholders (the “AGM”), which was originally convened and subsequently adjourned on July 11, 2025, will reconvene on August 8, 2025 at 8:00 a.m. (Pacific Time), at Suite 1890 – 1075 West Georgia Street, Vancouver, British Columbia, and by teleconference at 1-877-407-8816, Participation Code: 77783, followed by the # key. The reconvened meeting is being held in accordance with the Articles of the Company.

    As previously disclosed, the AGM was adjourned to allow additional time for the Company to complete and present its audited financial statements for the fiscal year ended December 31, 2024 (the “Annual Financial Statements”).

    Shareholders of record as of the record date previously set for the AGM will remain eligible to attend and vote at the reconvened meeting. Shareholders are encouraged to attend in person or participate via teleconference and to review the Company’s materials in advance of the meeting.

    The Annual Financial Statements and related management discussion and analysis are expected to be filed and made available to shareholders prior to the reconvened AGM, in accordance with applicable securities laws and stock exchange requirements.

    About Red White & Bloom Brands Inc.

    Red White & Bloom Brands is a multi-jurisdictional cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. The Company is predominantly focusing its investments on major U.S. markets, including California, Florida, Missouri, Michigan, and Ohio in addition to Canadian and international markets.

    Red White & Bloom Brands Inc.
    Investor and Media Relations
    Edoardo Mattei, CFO
    IR@RedWhiteBloom.com
    947-225-0503

    Visit us on the web: https://www.redwhitebloom.com/.

    Follow us on social media:

    Twitter: @rwbbrands

    Facebook: @redwhitebloombrands

    Instagram: @redwhitebloombrands

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

    FORWARD LOOKING INFORMATION

    Certain information contained in this news release may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by the use of words such as “plans,” “expects,” “may,” “should,” “could,” “will,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” or variations of such words and phrases, including the negative forms thereof, as well as terms such as “pro forma” and “scheduled,” and similar expressions that refer to future events or outcomes.

    Forward-looking statements in this release include, without limitation, statements relating to the anticipated timing, review, completion, and filing of the Annual Financial Statements; the reconvening of the AGM of Shareholders on August 8, 2025, and the Company’s ongoing business operations and regulatory compliance efforts.

    Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks associated with audit completion processes; regulatory reviews and approvals; and the risk that the Company may not be able to complete its Annual Financial Statements within the timeframe currently anticipated.

    There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    The Company disclaims any obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

    THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE COMPANY’S EXPECTATIONS AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

    The MIL Network

  • MIL-OSI: Red White & Bloom Brands Confirms Date for Reconvened Annual General Meeting

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, July 16, 2025 (GLOBE NEWSWIRE) — Red White & Bloom Brands Inc. (CSE: RWB) (“RWB” or the “Company”) announces that its 2025 Annual General Meeting of Shareholders (the “AGM”), which was originally convened and subsequently adjourned on July 11, 2025, will reconvene on August 8, 2025 at 8:00 a.m. (Pacific Time), at Suite 1890 – 1075 West Georgia Street, Vancouver, British Columbia, and by teleconference at 1-877-407-8816, Participation Code: 77783, followed by the # key. The reconvened meeting is being held in accordance with the Articles of the Company.

    As previously disclosed, the AGM was adjourned to allow additional time for the Company to complete and present its audited financial statements for the fiscal year ended December 31, 2024 (the “Annual Financial Statements”).

    Shareholders of record as of the record date previously set for the AGM will remain eligible to attend and vote at the reconvened meeting. Shareholders are encouraged to attend in person or participate via teleconference and to review the Company’s materials in advance of the meeting.

    The Annual Financial Statements and related management discussion and analysis are expected to be filed and made available to shareholders prior to the reconvened AGM, in accordance with applicable securities laws and stock exchange requirements.

    About Red White & Bloom Brands Inc.

    Red White & Bloom Brands is a multi-jurisdictional cannabis operator and house of premium brands operating in the United States, Canada and select international jurisdictions. The Company is predominantly focusing its investments on major U.S. markets, including California, Florida, Missouri, Michigan, and Ohio in addition to Canadian and international markets.

    Red White & Bloom Brands Inc.
    Investor and Media Relations
    Edoardo Mattei, CFO
    IR@RedWhiteBloom.com
    947-225-0503

    Visit us on the web: https://www.redwhitebloom.com/.

    Follow us on social media:

    Twitter: @rwbbrands

    Facebook: @redwhitebloombrands

    Instagram: @redwhitebloombrands

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

    FORWARD LOOKING INFORMATION

    Certain information contained in this news release may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information is often identified by the use of words such as “plans,” “expects,” “may,” “should,” “could,” “will,” “intends,” “anticipates,” “believes,” “estimates,” “forecasts,” or variations of such words and phrases, including the negative forms thereof, as well as terms such as “pro forma” and “scheduled,” and similar expressions that refer to future events or outcomes.

    Forward-looking statements in this release include, without limitation, statements relating to the anticipated timing, review, completion, and filing of the Annual Financial Statements; the reconvening of the AGM of Shareholders on August 8, 2025, and the Company’s ongoing business operations and regulatory compliance efforts.

    Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements of the Company to differ materially from those expressed or implied by such forward-looking statements. These risks and uncertainties include, but are not limited to, the risks associated with audit completion processes; regulatory reviews and approvals; and the risk that the Company may not be able to complete its Annual Financial Statements within the timeframe currently anticipated.

    There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

    The Company disclaims any obligation to update or revise any forward-looking information contained herein, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws.

    THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE COMPANY’S EXPECTATIONS AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

    The MIL Network

  • MIL-OSI: GBank Financial Holdings Inc. Announces Second Quarter 2025 Quarterly Earnings Call Scheduled for Tuesday, July 29th, at 10:00 A.M., Pacific Time

    Source: GlobeNewswire (MIL-OSI)

    LAS VEGAS, July 16, 2025 (GLOBE NEWSWIRE) — GBank Financial Holdings Inc. (the “Company”) (Nasdaq: GBFH), the parent company for GBank (the “Bank”), today announced it plans to release its second quarter 2025 financial results after the market closes on Monday, July 28, 2025, and will host its quarterly earnings call on Tuesday, July 29, 2025, at 10:00 a.m., PST. Interested parties can participate remotely via Internet connectivity. There will be no physical location for attendance.

    Interested parties may join online, via the ZOOM app on their smartphones, or by telephone:

    • ZOOM Video Conference ID 826 3030 7240
    • Passcode: 549549

    Joining by ZOOM Video Conference:

    Log in on your computer at 
    https://us02web.zoom.us/j/82630307240?pwd=TU4yZXJqMEc2VGZoUm5rRTl0OVFxdz09
     or use the ZOOM app on your smartphone.

    Joining by Telephone

    Dial (408) 638-0968. The conference ID is 826 3030 7240. Passcode: 549549.

    About GBank Financial Holdings Inc.

    GBank Financial Holdings Inc. is a bank holding company headquartered in Las Vegas, Nevada and is listed on the Nasdaq Capital Market under the symbol “GBFH.” Our national payment and Gaming FinTech business lines serve gaming clients across the U.S. and feature the GBank Visa Signature® Card—a tailored product for the gaming and sports entertainment markets. The Bank is also a top national SBA lender, now operating across 40 states. Through our wholly owned bank subsidiary, GBank, we operate two full-service commercial branches in Las Vegas, Nevada to provide a broad range of business, commercial and retail banking products and services to small businesses, middle-market enterprises, public entities and affluent individuals in Nevada, California, Utah, and Arizona. Please visit www.gbankfinancialholdings.com for more information.

    Available Information

    The Company routinely posts important information for investors on its web site (under www.gbankfinancialholdings.com and, more specifically, under the News & Media tab at www.gbankfinancialholdings.com/press-releases). The Company intends to use its web site as a means of disclosing material non-public information and for complying with its disclosure obligations under Regulation FD (Fair Disclosure) promulgated by the U.S. Securities and Exchange Commission (the “SEC”). Accordingly, investors should monitor the Company’s web site, in addition to following the Company’s press releases, SEC filings, public conference calls, presentations and webcasts.

    The information contained on, or that may be accessed through, the Company’s web site is not incorporated by reference into, and is not a part of, this document.

    For Further Information, Contact:

    GBank Financial Holdings Inc.
    T. Ryan Sullivan
    President and CEO
    702-851-4200
    rsullivan@g.bank

    Source: GBank Financial Holdings Inc.

    The MIL Network