Category: United States of America

  • MIL-OSI USA: YVO’s plan for responding to future geological hazards in Yellowstone National Park

    Source: US Geological Survey

    Yellowstone Caldera Chronicles is a weekly column written by scientists and collaborators of the Yellowstone Volcano Observatory. This week’s contribution is from Michael Poland, geophysicist with the U.S. Geological Survey and Scientist-in-Charge of the Yellowstone Volcano Observatory.

    Cover of the Yellowstone Volcano Observatory response plan for geological hazards in the Yellowstone region.  The report can be accessed at https://pubs.usgs.gov/circ/1351/.  Cover features a photograph by Mike Poland and frame captures from a video by Juliet Su.

    As Benjamin Franklin supposedly said, “failing to plan is planning to fail.”  This is why the Yellowstone Volcano Observatory (YVO) has a plan to guide the observatory’s actions during a response to earthquakes, hydrothermal explosions, or any geological activity that could lead to a volcanic eruption.

    The first YVO response plan was published in 2010 and explained how observatory scientists would collect data, communicate with one another and the public, and interact with emergency managers as part of any incident command system that was organized to deal with a crisis—for example, a major earthquake or volcanic eruption.

    A second version of the YVO response plan was published in 2014 and incorporated changes in the YVO consortium, which expanded in 2013 to include more institutions, as well as lessons learned from a readiness, or “table-top,” exercise that was held in 2011.  Table-top exercises are discussions that simulate a crisis and that are used by emergency responders to practice and evaluate procedures.

    The newest version of the YVO response plan was just published (https://pubs.usgs.gov/circ/1351/).  This update contains several significant modifications compared to the previous versions.

    First and foremost, the YVO response plan now aligns with a procedures established by the USGS Volcano Science Center—particularly the “OVERT,” or Observatory Volcano Event Response Team, concept. OVERT defines critical functions, like data management, communications, monitoring, science, and logistical support, that can be staffed up during a crisis.  The OVERT team can be implemented in stages to follow the nature of whatever volcanic unrest or eruption may be unfolding and is intended to be flexible and modular.  The concept also establishes clear lines of communication and reporting so that no one person has too many responsibilities, and information is shared quickly and openly.

    As an example, if a major seismic swarm were to begin in Yellowstone National Park, YVO might establish an OVERT organizational structure that has staffing for the monitoring and communications teams.  If that seismicity intensified and led to hydrothermal explosions, those teams would be expanded to take on additional responsibilities, and other branches would also be staffed—like those dealing with data documentation and logistics to support field operations. 

    Organization chart giving the structure of a response by the Yellowstone Volcano Observatory to a significant episode of unrest or eruption at the Yellowstone volcanic system. The strategy is scalable (elements are activated as they are needed and deactivated when they are no longer needed) and can be adapted to meet the needs of the event response. Chart follows the Observatory Volcanic Event Response Team structure in the U.S. Geological Survey Volcano Science Center Response Plan for Significant Volcanic Events (Moran and others, 2024—https://pubs.usgs.gov/publication/cir1518). EOC=Emergency Operations Center; UAS=Unoccupied Aircraft Systems; YVO=Yellowstone Volcano Observatory; YVOCOMS=YVO communications group.

    YVO’s updated response plan also defines two different cases: “events” and “activity with potential.” An “event” is a single and sudden hazardous occurrence, like the 1959 M7.3 Hebgen Lake earthquake or the July 23, 2024, hydrothermal explosion at Biscuit Basin, that would prompt YVO to immediately initiate additional monitoring and to communicate hazards information to emergency managers and the public.  Because some geologic hazards evolve slowly, however, YVO’s response plan also defines “activity with potential” that could eventually build towards a hazard that requires intense monitoring.  The 2003 thermal event at Norris Geyser Basin, when ground heated to boiling temperatures in places and caused some boardwalks to be closed and eventually rerouted, is a good example.

    Also included in the response plan are communications protocols and call-down lists that establish robust methods for ensuring that information is passed along to emergency managers at various institutions, like the area land managers and, in the event of an explosive volcanic eruption, the Federal Aviation Administration and National Weather Service.  Additional guidelines describe how YVO consortium members would collaborate to ensure that the public—especially local residents—are informed of hazards that may develop, and steps that can be taken to lessen the impacts of those hazards.

    By developing this response plan, and also putting it into practice—for instance, as part of a table-top exercise that was held for YVO consortium members in 2022—YVO scientists will be better prepared to deal with any future geologic hazards in the Yellowstone region.  Hopefully there will never need to be put the YVO response protocols into practice in response to a serious geologic hazard.  But we must not fail to plan.

    Scientists and collaborators of the Yellowstone Volcano Observatory meet in Mammoth Hot Springs in May 2022 to discuss the protocols for responding to a geological event in Yellowstone National Park.

    MIL OSI USA News

  • MIL-OSI: $1 Million Saved on Insurance: Pennymac and SimplyIOA Celebrate a Successful First Year

    Source: GlobeNewswire (MIL-OSI)

    LONGWOOD, Fla., June 09, 2025 (GLOBE NEWSWIRE) —  SimplyIOA, a national insurance agency, and Pennymac, a top national mortgage lender and servicer, mark the first anniversary of their collaboration, celebrating the positive impact and substantial achievements in serving Pennymac’s customers.

    “Using machine learning and AI, SimplyIOA has optimized our processes and prioritized customers through automated communications,” said Michelle Sipe, Senior Vice President of Strategy and Operations at SimplyIOA. “We have already seen amazing results in the early stages of working together, saving an average of $472 per customer, totaling $1 million across 13 insurance products in 42 states, and we are only just beginning*.”

    As a result of SimplyIOA’s collaboration with Pennymac, the top lender’s customers are securing higher coverage limits and significant savings on their annual premiums.

    “SimplyIOA streamlines the process for Pennymac customers to secure home insurance alongside their home loan,” said Abbie Tidmore, Chief Revenue Officer at Pennymac. “This first year has proven highly successful in enabling us to provide exceptional value to our customers with the shared goal of reducing costs associated with homeowners insurance.”

    This joint effort marks a significant step forward in integrating home financing and insurance solutions, ultimately delivering greater value and a more streamlined experience for homeowners.

    “We are grateful for the unwavering support from the Pennymac team that has enabled us to achieve over $1 million in savings for Pennymac customers. We look forward to strengthening our relationship and celebrating more successes together in the coming years,” said Bob Peters, Chief Operating Officer at IOA GROUP*.

    For additional information regarding SimplyIOA’s complete list of servicings, please visit https://www.simplyioa.com/pennymac.

    *The total savings figure is based on the total amount saved by Pennymac customers who switched their homeowners insurance with SimplyIOA and purchased an average $1,836 policy from March 2024 to February 2025.

    About SimplyIOA

    SimplyIOA is a national omnichannel personal lines insurance agency brought to you by Insurance Office of America (IOA). SimplyIOA’s industry-leading technology, supported by experienced licensed advisors, enables customers from 48 states to compare and purchase 20 different insurance products online or over the phone in minutes.

    For more information, visit: partners.simplyioa.com.

    About Insurance Office of America

    Insurance Office of America (IOA) is the third largest privately held insurance brokerage in the United States. Founded in 1988, IOA is a recognized leader in providing property and casualty, employee benefits, and personal lines insurance and risk management solutions as well as insurtech innovation. Headquartered in Longwood, Florida, part of the greater Orlando community, IOA has more than 1,400 associates located in over 60 offices in the U. S. and the United Kingdom. In California, dba IOA Insurance Services. (#0E67768) For more information, visit www.ioausa.com

    Michelle Sipe -SVP, Operations & Implementations Executive
    marketing@simplyioa.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6991d501-be1b-40ad-a769-e240c75ab91c

    The MIL Network

  • Iran to present counter-proposal to U.S. in nuclear talks

    Source: Government of India

    Source: Government of India (4)

    Iran will soon hand a counter-proposal for a nuclear deal to the United States via Oman, Iranian foreign ministry spokesperson Esmaeil Baghaei said on Monday, in response to a U.S. offer that Tehran deems “unacceptable”.

    Reuters previously reported that Tehran was drafting a negative response to the U.S. proposal which was presented in late May. An Iranian diplomat said the U.S. offer failed to resolve differences over uranium enrichment on Iranian soil, the shipment abroad of Iran’s entire stockpile of highly enriched uranium and steps to lift U.S. sanctions.

    “The U.S. proposal is not acceptable to us. It was not the result of previous rounds of negotiations. We will present our own proposal to the other side via Oman after it is finalised. This proposal is reasonable, logical, and balanced,” Baghaei said.

    Baghaei added that there was not yet any detail regarding the date of a sixth round of nuclear talks between Iran and the U.S.

    Last week, Iran’s Supreme Leader Ayatollah Ali Khamenei dismissed the U.S. proposal as against the country’s interests, pledging to continue enrichment.

    During his first term in 2018, U.S. President Donald Trump ditched a 2015 nuclear pact between Iran and six powers and reimposed sanctions that have crippled Iran’s economy. Iran responded by escalating enrichment far beyond that pact’s limits.

    (Reuters)

  • MIL-OSI: Dassault Systèmes: declaration of the number of outstanding shares and voting rights as of May 31, 2025

    Source: GlobeNewswire (MIL-OSI)

    Press Release
    VELIZY-VILLACOUBLAY, FranceJune 9, 2025
                    

    Declaration of the number of outstanding shares and
    voting rights as of May 31, 2025

    Dassault Systèmes (Euronext Paris: FR0014003TT8, DSY.PA) today announced below the total number of its outstanding shares and voting rights as of May 31, 2025, according to articles 223-16 and 221-3 of the General Regulation of the Autorité des marchés financiers.

    Number of outstanding shares: 1,340,826,964

    Number of voting rights*: 2,014,017,258

    *The total number of voting rights is calculated on the basis of the total number of outstanding shares, even if the voting rights attached thereto are suspended, pursuant to Article 223-11 of the General Regulation of the Autorité des marchés financiers relating to the method for calculating the percentages of holdings in shares and in voting rights. We invite our shareholders to refer to this article should they need to declare crossing of thresholds.

    Declarations related to crossing of threshold must be sent to:
    Dassault Systèmes, Investor Relations Service, 10, rue Marcel Dassault, CS 40501, 78946 Vélizy-Villacoublay Cedex (France). E-mail address: Investors@3ds.com  

    ###

    ABOUT DASSAULT SYSTÈMES

    Dassault Systèmes is a catalyst for human progress. Since 1981, the company has pioneered virtual worlds to improve real life for consumers, patients and citizens. With Dassault Systèmes’ 3DEXPERIENCE platform, 370 000 customers of all sizes, in all industries, can collaborate, imagine and create sustainable innovations that drive meaningful impact. For more information, visit www.3ds.com

    Dassault Systèmes Investor Relations Team                FTI Consulting
    Béatrix Martinez :                                        Arnaud de Cheffontaines: +33 1 47 03 69 48
    +33 1 61 62 40 73                                        Jamie Ricketts : +44 20 3727 1600
    investors@3ds.com                                        

    Dassault Systèmes Press Contacts
    Corporate / France        
    Arnaud Malherbe: +33 1 61 62 87 73
    arnaud.malherbe@3ds.com        

    © Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.

    Attachment

    The MIL Network

  • MIL-Evening Report: Trump has long speculated about using force against his own people. Now he has the pretext to do so

    Source: The Conversation (Au and NZ) – By Emma Shortis, Adjunct Senior Fellow, School of Global, Urban and Social Studies, RMIT University

    “You just [expletive] shot the reporter!”

    Australian journalist Lauren Tomasi was in the middle of a live cross, covering the protests against the Trump administration’s mass deportation policy in Los Angeles, California. As Tomasi spoke to the camera, microphone in hand, an LAPD officer in the background appeared to target her directly, hitting her in the leg with a rubber bullet.

    Earlier, reports emerged that British photojournalist Nick Stern was undergoing emergency surgery after also being hit by the same “non-lethal” ammunition.

    The situation in Los Angeles is extremely volatile. After nonviolent protests against raids and arrests by Immigration and Customs Enforcement (ICE) agents began in the suburb of Paramount, US President Donald Trump issued a memo describing them as “a form of rebellion against the authority of the government of the United States”. He then deployed the National Guard.

    ‘Can’t you just shoot them?’

    As much of the coverage has noted, this is not the first time the National Guard has been deployed to quell protests in the US.

    In 1970, members of the National Guard shot and killed four students protesting the war in Vietnam at Kent State University. In 1992, the National Guard was deployed during protests in Los Angeles following the acquittal of four police officers (three of whom were white) in the killing of a Black man, Rodney King.

    Trump has long speculated about violently deploying the National Guard and even the military against his own people.

    During his first administration, at the height of the Black Lives Matter protests, former Secretary of Defence Mark Esper alleged that Trump asked him, “Can’t you just shoot them, just shoot them in the legs or something?”

    Trump has also long sought to other those opposed to his radical agenda to reshape the United States and its role in the world. He’s classified them as “un-American” and, therefore, deserving of contempt and, when he deems it necessary, violent oppression.

    During last year’s election campaign, he promised to “root out the communists, Marxists, fascists and the radical left thugs that live like vermin within the confines of our country”. Even the Washington Post characterised this description of Trump’s “political enemies” as “echoing Hitler, Mussolini”.

    In addition, Trump has long peddled baseless conspiracies about “sanctuary cities”, such as Los Angeles. He has characterised them as lawless havens for his political enemies and places that have been “invaded” by immigrants. As anyone who has ever visited these places knows, that is not true.

    It is no surprise that in the same places Trump characterises as “disgracing our country”, there has been staunch opposition to his agenda and ideology.

    That opposition has coalesced in recent weeks around the activities of ICE agents, in particular. These agents, wearing masks to conceal their identities, have been arbitrarily detaining people, including US citizens and children, and disappearing people off the streets. They have also arrested caregivers, leaving children alone.

    As Adam Serwer wrote in The Atlantic during the first iteration of Trump in America, “the cruelty is the point”.

    The Trump administration’s mass deportation program is deliberately cruel and provocative. It was always only a matter of time before protests broke out.

    In a democracy, nonviolent protest by hundreds or perhaps a few thousand people in a city of ten million is not a crisis. But it has always suited Trump and the movement that supports him to manufacture crises.

    White House Deputy Chief of Staff Stephen Miller, a key architect of the mass deportations program and a man described by a former adviser as “Waffen SS”, called the protests “an insurrection against the laws and sovereignty of the United States”. Trump himself also described protesters as “violent, insurrectionist mobs”.

    Nowhere does the presidential memo deploying the National Guard name the specific location of the protests. This, and the extreme language coming out of the administration, suggests it is laying the groundwork for further escalation.

    The administration could be leaving space to deploy the National Guard in other places and invoke the Insurrection Act.

    Incidents involving the deployment of the National Guard are rare, though politically cataclysmic. It is rarer still for the National Guard to be deployed against the wishes of a democratically elected leader of a state, as Trump has done in California.

    A broader assault on democracy

    This deployment comes at a time of crisis for US democracy more broadly. Trump’s longstanding attacks against independent media – what he describes as “fake news” – are escalating. There is a reason that during the current protests, a law enforcement officer appeared so comfortable targeting a journalist, on camera.

    The Trump administration is also actively targeting independent institutions such as Harvard and Columbia universities. It is also targeting and undermining judges and reducing the power of independent courts to enforce the rule of law.

    Under Trump, the federal government and its state-based allies are targeting and undermining the rights of minority groups – policing the bodies of trans people, targeting reproductive rights, and beginning the process of undoing the Civil Rights Act.

    Trump is, for the moment, unconstrained. Asked overnight what the bar is for deploying the Marines against protesters, Trump responded: “the bar is what I think it is”.

    As New York Times columnist Jamelle Bouie recently observed:

    We should treat Trump and his openly authoritarian administration as a failure, not just of our party system or our legal system, but of our Constitution and its ability to meaningfully constrain a destructive and system-threatening force in our political life.

    While the situation in Los Angeles is unpredictable, it must be understood in the broader context of the active, violent threat the Trump administration poses to the US. As we watch, American democracy teeters on the brink.

    Emma Shortis is Director of International and Security Affairs at The Australia Institute, an independent think tank.

    ref. Trump has long speculated about using force against his own people. Now he has the pretext to do so – https://theconversation.com/trump-has-long-speculated-about-using-force-against-his-own-people-now-he-has-the-pretext-to-do-so-258471

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI: Shell Plc First Quarter 2025 Euro and GBP Equivalent Dividend Payments

    Source: GlobeNewswire (MIL-OSI)

    SHELL PLC FIRST QUARTER 2025 EURO AND GBP EQUIVALENT DIVIDEND PAYMENTS

    June 9, 2025

    The Board of Shell plc today announced the pounds sterling and euro equivalent dividend payments in respect of the first quarter 2025 interim dividend, which was announced on May 2, 2025 at US$0.358 per ordinary share.

    Shareholders have been able to elect to receive their dividends in US dollars, euros or pounds sterling. Holders of ordinary shares who have validly submitted US dollars, euros or pounds sterling currency elections by June 2, 2025 will be entitled to a dividend of US$0.358, €0.3136 or 26.41p per ordinary share, respectively.

    Absent any valid election to the contrary, persons holding their ordinary shares through Euroclear Nederland will receive their dividends in euros at the euro rate per ordinary share shown above. Absent any valid election to the contrary, shareholders (both holding in certificated and uncertificated form (CREST members)) and persons holding their shares through the Shell Corporate Nominee will receive their dividends in pounds sterling, at the pound sterling rate per ordinary share shown above.

    Euro and pounds sterling dividends payable in cash have been converted from US dollars based on an average of market exchange rates over the three dealing days from June 4 to June 6, 2025. This dividend will be payable on June 23, 2025 to those members whose names were on the Register of Members on May 16, 2025.

    Taxation – cash dividend
    If you are uncertain as to the tax treatment of any dividends you should consult your tax advisor.

    Note
    A different currency election date may apply to shareholders holding shares in a securities account with a bank or financial institution ultimately holding through Euroclear Nederland. This may also apply to other shareholders who do not hold their shares either directly on the Register of Members or in the corporate sponsored nominee arrangement. Shareholders can contact their broker, financial intermediary, bank or financial institution for the election deadline that applies.

    Enquiries
    Media: International +44 (0) 207 934 5550; U.S. and Canada: https://www.shell.us/about-us/news-and-insights/media/submit-an-inquiry.html

    CAUTIONARY NOTE

    The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this announcement “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this announcement refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest. 

    Forward-Looking statements
    This announcement contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ‘‘anticipate’’;  “aspire”; “aspiration”; ‘‘believe’’; “commit”; “commitment”; ‘‘could’’; “desire”; ‘‘estimate’’; ‘‘expect’’; ‘‘goals’’; ‘‘intend’’; ‘‘may’’; “milestones”; ‘‘objectives’’; ‘‘outlook’’; ‘‘plan’’; ‘‘probably’’; ‘‘project’’; ‘‘risks’’; “schedule”; ‘‘seek’’; ‘‘should’’; ‘‘target’’; “vision”; ‘‘will’’; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this announcement, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this announcement are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2024 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this announcement and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this announcement, June 9, 2025. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this announcement.

    Shell’s net carbon intensity
    Also, in this announcement we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

    Shell’s net-zero emissions target
    Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our Scope 1, Scope 2 and NCI targets over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target. 

    Forward Looking non-GAAP measures
    This announcement may contain certain forward-looking non-GAAP measures such as adjusted earnings and divestments. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

    The contents of websites referred to in this announcement do not form part of this announcement.

    We may have used certain terms, such as resources, in this announcement that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

    LEI number of Shell plc: 21380068P1DRHMJ8KU70
    Classification: Additional regulated information required to be disclosed under the laws of the United Kingdom

    The MIL Network

  • MIL-OSI: Municipality Finance issues a EUR 1 billion green benchmark under its MTN programme

    Source: GlobeNewswire (MIL-OSI)

    Municipality Finance Plc
    Stock exchange release
    9 June 2025 at 10:00 am (EEST)

    Municipality Finance issues a EUR 1 billion green benchmark under its MTN programme

    Municipality Finance Plc issues a EUR 1 billion green benchmark on 10 June 2025. The maturity date of the benchmark is 14 June 2032. The benchmark bears interest at a fixed rate of 2.625% per annum.

    The benchmark is issued under MuniFin’s EUR 50 billion programme for the issuance of debt instruments. The offering circular, the supplemental offering circular and the final terms of the benchmark are available in English on the company’s website at https://www.kuntarahoitus.fi/en/for-investors.

    MuniFin has applied for the benchmark to be admitted to trading on the Helsinki Stock Exchange maintained by Nasdaq Helsinki. The public trading is expected to commence on on 10 June 2025.

    Danske Bank A/S, DZ BANK AG Deutsche Zentral-Genossenschaftsbank, Frankfurt am Main, J.P. Morgan SE and Skandinaviska Enskilda Banken AB (publ) act as the Joint Lead Managers for the issue of the benchmark.

    MUNICIPALITY FINANCE PLC

    Further information:

    Joakim Holmström
    Executive Vice President, Capital Markets and Sustainability
    tel. +358 50 444 3638

    MuniFin (Municipality Finance Plc) is one of Finland’s largest credit institutions. The owners of the company include Finnish municipalities, the public sector pension fund Keva and the State of Finland. The Group’s balance sheet is over EUR 53 billion.

    MuniFin builds a better and more sustainable future with its customers. Our customers include municipalities, joint municipal authorities, wellbeing services counties, joint county authorities, corporate entities under the control of the above-mentioned organisations, and affordable social housing. Lending is used for environmentally and socially responsible investment targets such as public transportation, sustainable buildings, hospitals and healthcare centres, schools and day care centres, and homes for people with special needs.

    MuniFin’s customers are domestic but the company operates in a completely global business environment. The company is an active Finnish bond issuer in international capital markets and the first Finnish green and social bond issuer. The funding is exclusively guaranteed by the Municipal Guarantee Board.

    Read more: https://www.kuntarahoitus.fi/en/

    Important Information

    The information contained herein is not for release, publication or distribution, in whole or in part, directly or indirectly, in or into any such country or jurisdiction or otherwise in such circumstances in which the release, publication or distribution would be unlawful. The information contained herein does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of, any securities or other financial instruments in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction.

    This communication does not constitute an offer of securities for sale in the United States. The notes have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or under the applicable securities laws of any state of the United States and may not be offered or sold, directly or indirectly, within the United States or to, or for the account or benefit of, U.S. persons except pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act.

    The MIL Network

  • MIL-OSI Global: Trump has long speculated about using force against his own people. Now he has the pretext to do so

    Source: The Conversation – Global Perspectives – By Emma Shortis, Adjunct Senior Fellow, School of Global, Urban and Social Studies, RMIT University

    “You just [expletive] shot the reporter!”

    Australian journalist Lauren Tomasi was in the middle of a live cross, covering the protests against the Trump administration’s mass deportation policy in Los Angeles, California. As Tomasi spoke to the camera, microphone in hand, an LAPD officer in the background appeared to target her directly, hitting her in the leg with a rubber bullet.

    Earlier, reports emerged that British photojournalist Nick Stern was undergoing emergency surgery after also being hit by the same “non-lethal” ammunition.

    The situation in Los Angeles is extremely volatile. After nonviolent protests against raids and arrests by Immigration and Customs Enforcement (ICE) agents began in the suburb of Paramount, US President Donald Trump issued a memo describing them as “a form of rebellion against the authority of the government of the United States”. He then deployed the National Guard.

    ‘Can’t you just shoot them?’

    As much of the coverage has noted, this is not the first time the National Guard has been deployed to quell protests in the US.

    In 1970, members of the National Guard shot and killed four students protesting the war in Vietnam at Kent State University. In 1992, the National Guard was deployed during protests in Los Angeles following the acquittal of four police officers (three of whom were white) in the killing of a Black man, Rodney King.

    Trump has long speculated about violently deploying the National Guard and even the military against his own people.

    During his first administration, at the height of the Black Lives Matter protests, former Secretary of Defence Mark Esper alleged that Trump asked him, “Can’t you just shoot them, just shoot them in the legs or something?”

    Trump has also long sought to other those opposed to his radical agenda to reshape the United States and its role in the world. He’s classified them as “un-American” and, therefore, deserving of contempt and, when he deems it necessary, violent oppression.

    During last year’s election campaign, he promised to “root out the communists, Marxists, fascists and the radical left thugs that live like vermin within the confines of our country”. Even the Washington Post characterised this description of Trump’s “political enemies” as “echoing Hitler, Mussolini”.

    In addition, Trump has long peddled baseless conspiracies about “sanctuary cities”, such as Los Angeles. He has characterised them as lawless havens for his political enemies and places that have been “invaded” by immigrants. As anyone who has ever visited these places knows, that is not true.

    It is no surprise that in the same places Trump characterises as “disgracing our country”, there has been staunch opposition to his agenda and ideology.

    That opposition has coalesced in recent weeks around the activities of ICE agents, in particular. These agents, wearing masks to conceal their identities, have been arbitrarily detaining people, including US citizens and children, and disappearing people off the streets. They have also arrested caregivers, leaving children alone.

    As Adam Serwer wrote in The Atlantic during the first iteration of Trump in America, “the cruelty is the point”.

    The Trump administration’s mass deportation program is deliberately cruel and provocative. It was always only a matter of time before protests broke out.

    In a democracy, nonviolent protest by hundreds or perhaps a few thousand people in a city of ten million is not a crisis. But it has always suited Trump and the movement that supports him to manufacture crises.

    White House Deputy Chief of Staff Stephen Miller, a key architect of the mass deportations program and a man described by a former adviser as “Waffen SS”, called the protests “an insurrection against the laws and sovereignty of the United States”. Trump himself also described protesters as “violent, insurrectionist mobs”.

    Nowhere does the presidential memo deploying the National Guard name the specific location of the protests. This, and the extreme language coming out of the administration, suggests it is laying the groundwork for further escalation.

    The administration could be leaving space to deploy the National Guard in other places and invoke the Insurrection Act.

    Incidents involving the deployment of the National Guard are rare, though politically cataclysmic. It is rarer still for the National Guard to be deployed against the wishes of a democratically elected leader of a state, as Trump has done in California.

    A broader assault on democracy

    This deployment comes at a time of crisis for US democracy more broadly. Trump’s longstanding attacks against independent media – what he describes as “fake news” – are escalating. There is a reason that during the current protests, a law enforcement officer appeared so comfortable targeting a journalist, on camera.

    The Trump administration is also actively targeting independent institutions such as Harvard and Columbia universities. It is also targeting and undermining judges and reducing the power of independent courts to enforce the rule of law.

    Under Trump, the federal government and its state-based allies are targeting and undermining the rights of minority groups – policing the bodies of trans people, targeting reproductive rights, and beginning the process of undoing the Civil Rights Act.

    Trump is, for the moment, unconstrained. Asked overnight what the bar is for deploying the Marines against protesters, Trump responded: “the bar is what I think it is”.

    As New York Times columnist Jamelle Bouie recently observed:

    We should treat Trump and his openly authoritarian administration as a failure, not just of our party system or our legal system, but of our Constitution and its ability to meaningfully constrain a destructive and system-threatening force in our political life.

    While the situation in Los Angeles is unpredictable, it must be understood in the broader context of the active, violent threat the Trump administration poses to the US. As we watch, American democracy teeters on the brink.

    Emma Shortis is Director of International and Security Affairs at The Australia Institute, an independent think tank.

    ref. Trump has long speculated about using force against his own people. Now he has the pretext to do so – https://theconversation.com/trump-has-long-speculated-about-using-force-against-his-own-people-now-he-has-the-pretext-to-do-so-258471

    MIL OSI – Global Reports

  • MIL-OSI USA: WATCH: Padilla Slams Trump Administration for Terrorizing Los Angeles Communities Through ICE Raids, Deploying National Guard

    US Senate News:

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

    WATCH: Padilla Slams Trump Administration for Terrorizing Los Angeles Communities Through ICE Raids, Deploying National Guard

    Padilla: California is “the fourth-largest economy in the world, not despite our immigrant population, but because of our immigrant population, who contribute so much as [a] workforce, as consumers, as entrepreneurs. That’s something to be respected, not insulted.”

    “Our nation is better than this. Look to California as a way forward.”

    Watch the full interview here.

    WASHINGTON, D.C. — In case you missed it, U.S. Senator Alex Padilla (D-Calif.), Ranking Member of the Senate Judiciary Immigration Subcommittee, joined MSNBC’s “The Weekend: Primetime” to condemn the Trump Administration’s Immigration and Customs Enforcement (ICE) raids across Los Angeles and President Trump’s ensuing unprecedented deployment of nearly 2,000 members of California’s National Guard to the region.

    Senator Padilla slammed President Trump for manufacturing a cruel crisis to scapegoat immigrants and distract from Republicans’ harmful budget bill that will cut critical services that millions of Americans depend on to give tax cuts to the ultra-wealthy. He also blasted the Trump Administration for their hypocrisy in calling the largely peaceful Los Angeles protests an “insurrection” as President Trump and Republicans refuse to use that word to describe the January 6th Capitol insurrection. Padilla encouraged Californians to continue peacefully protesting the Trump Administration’s inhumane immigration enforcement.

    Key Excerpts:

    On Trump demonizing immigrants to distract from Republicans’ harmful budget bill:

    • “The Senate Republicans are on the verge of passing what House Republicans just passed in this bill that threatens to cut Medicaid, cut the social safety net for so many, and underwrite tax breaks for billionaires. So to distract from that, it never fails. This is [Trump’s] classic playbook. He’s not brokering peace between Russia and Ukraine. His tariff war has gone horribly wrong. So when all else fails, he demonizes immigrants again.”
    • “If we were having a serious, substantive policy conversation, I think there is room to discuss increased funding for our immigration system, not just smarter enforcement at the border, utilizing technology, focusing on ports of entry, but also for all the people who have pending cases, whether it’s an asylum case, whether it’s anything else, there is a need for more immigration judges and hearing officers and counsel, those sorts of things. And let’s reduce the backlog. But what the Trump Administration is doing is exactly the opposite, shifting it to complete enforcement and aggressive, extreme, cruel enforcement for that matter, while the backlogs continue to grow because they’ve shifted resources away from those services and those programs.”
    • “By and large, this supposedly Big Beautiful Bill, which is anything but, is nothing but increasing funding for … immigration enforcement, gutting so many other critical areas of the budget that working families across the country depend on, all to underwrite tax breaks for the most wealthy in America, including somebody like Elon Musk. You know, Donald Trump didn’t like the headlines he was getting because of his fallout with Elon Musk, and so again, what happens? He stages a crisis, manufactures a cruel crisis to try to change the news of the day.”

    On Trump’s hypocrisy in his response compared to January 6:

    • “The other thing he wants is for people to, yes, maybe get out of hand, so that he has the justification to escalate and increase the use of force. Look what happened in his first term. Look what happened on January 6. You’ve got to call out the hypocrisy. He did not once say “insurrectionist” for the people who stormed the Capitol and attacked police officers, but one protester who gets a little bit out of hand in Los Angeles and all of a sudden, he’s going to bring in the Marines? That’s beyond hypocritical.”
    • “If it’s one thing that the Team Trump does have going for it, is they are masters of misinformation and disinformation. What’s happening in Los Angeles is not an insurrection. What happened on January 6 at the nation’s Capitol was an insurrection. So intellectual dishonesty is nothing new for J.D. Vance, or Donald Trump, or anybody in the White House right now. They should know better.”

    On the cruelty of Trump’s ICE raids and the importance of peaceful protests:

    • “These raids are not new. Obviously, we’ve been seeing them around the country for a few months, but increasingly with extremism and cruelty. And that’s what people in Los Angeles are responding to. Again, as others have said, you want to focus on violent and dangerous criminals? Great, there’s no disagreement there. But when you’re going after kids that are depending on lifesaving treatment, when you’re going after people in the workplace, in houses of worship, children in schools — that’s a whole thing altogether. So in a diverse community like Los Angeles, there’s going to be a lot of people who are passionate about defending fundamental rights and due process and to speak up when they see that not being respected.”
    • “So for all the people in Los Angeles, I do say protest. Protest peacefully, but protest because Donald Trump wants one of two things. He wants people … to be quiet, to suck it up, and ignore what’s happening, let him do whatever he wants. That’s not in our DNA.”

    On immigrants’ integral role in driving California’s economic success:

    • “We are not just the most populous state in the nation, we’re the most diverse state in the nation, home to more immigrants than any state in the nation, both mostly documented, some undocumented. But remember, folks, this is also the largest economy of any state in the nation, by far. The fourth-largest economy in the world, not despite our immigrant population, but because of our immigrant population, who contribute so much as [a] workforce, as consumers, as entrepreneurs. That’s something to be respected, not insulted.”

    On his personal story growing up as the son of immigrants from Mexico and fighting against anti-immigrant actions:

    • “You can’t help but take this personal because you can relate to the story, because you can relate to the sacrifice, because you can relate to that journey — not just me, my brother, my sister, my parents, and our family, but everybody, frankly, in the community where and how I grew up, which is indicative of millions of families across the country. You know, my parents came in pursuit of the American Dream, as so many have over generations, and my parents found it. My dad as a short order cook for 40 years, my mom cleaning houses. And to think that in one generation, someone like me can grow up in public schools in Los Angeles, go on to college, and one day represent our state in the United States Senate.”
    • “But there’s a reason why I left my engineering degree behind in 1994. It’s because of the rhetoric I saw back then in California, very different than the California we see today. Governor Pete Wilson, at the time, standing for re-election, down in the polls, turns to anti-immigrant rhetoric to try to seek re-election and divide the people. And it was because of … that Proposition 187 that people like my parents, finally took the steps to become citizens, as opposed to just being long-term permanent residents, but also my generation choosing to get involved in government and politics and change the trajectory of our state. California is very different today, but it is just so heartbreaking and offensive that the rhetoric continues to this day, even more so, because it’s not just coming out of the governor’s office in California back then, not now, but out of the Oval Office. Our nation is better than this. Look to California as a way forward.”

    On Trump’s mismanagement of the protests in Los Angeles:

    • “Law enforcement on the ground knows the community, and the community knows LAPD and the Sheriff’s Department. This is just a reminder that what happens when you don’t know what you’re doing as President United States, when you send in DHS, when you send in the National Guard, and they don’t know the community, they don’t have the rapport and the trust of the community, things get out of hand. And then the federal officials are in the position of having to call in LAPD to help them bring the temperature down in a situation, or the sheriff’s office in parts of the county outside the city of Los Angeles. It’s pointing out the weaknesses and the inability, the inexperience, and irresponsibility, frankly, of the Trump Administration.”

    Video of the full interview is available here.

    Senator Padilla also joined Los Angeles outlets KTLA and KNX tonight to discuss the fear and chaos the Trump Administration is stoking in Los Angeles and across California. On Friday, Padilla issued a statement condemning the Los Angeles ICE raids.

    MIL OSI USA News

  • MIL-OSI China: Paraguay has ‘nothing to lose’ against Brazil: Alfaro

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

    Paraguay manager Gustavo Alfaro said Sunday that his side will approach its crucial World Cup qualifier against Brazil with the belief that a place on the sport’s grandest stage is within reach.

    Paraguay, which last featured at the World Cup in 2010, is third in the 10-team South American group with 24 points, two ahead of fourth-placed Brazil.

    The top six teams will qualify directly for next year’s showpiece in the United States, Mexico and Canada while the seventh-ranked side will earn a playoff spot.

    “These are the kinds of matches in which we have everything to win and nothing to lose,” Alfaro said ahead of Tuesday’s clash at Corinthians Arena in Sao Paulo.

    “Brazil is always a difficult opponent but at the same time we know that if we win we could get the outcome that we’ve been striving for. It’s a dream that has been put on hold for 15 years,” he added.

    Paraguay is unbeaten in nine games since Alfaro replaced Daniel Garnero as manager last August.

    While accepting that Brazil would pose a stern test under new head coach Carlo Ancelotti, the Argentine expressed confidence that his team had the mindset to overcome the five-time world champions.

    “I have no doubt that our attitude is what stands us apart and that we can maintain the same determined approach in every game we play,” he said.

    MIL OSI China News

  • MIL-OSI Russia: Iran to Present Israel’s Strategic Documents Soon – Minister

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    TEHRAN, June 9 (Xinhua) — Iranian Intelligence Minister Esmail Khatib announced Sunday that the country has received a “valuable collection” of strategic, operational and scientific data and documents from Israel, which he said will be made public soon.

    In an interview with Iran’s state news agency IRIB, Khatib called the acquisition a “great intelligence achievement” for his ministry.

    He said the documents cover Israel’s nuclear program as well as its relations with the United States, Europe and other countries, stressing that some of the intelligence files could enhance Iran’s offensive capabilities.

    He refrained from detailing the methods used to transfer the documents to Iran, saying the methods were as important as the documents themselves and would remain protected.

    E. Khatib added that a “complex, large-scale, comprehensive and lengthy” operation was developed and carried out to obtain them.

    IRIB said in a statement on Saturday that the blackout was necessary to ensure the safe transfer of the documents, noting that the volume of data was so large that it took weeks to study it. –0–

    MIL OSI Russia News

  • MIL-OSI China: US economic growth slows amid rising trade barriers

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

    This photo taken on March 29, 2023 shows the White House in Washington, D.C., the United States. [Photo/Xinhua]

    The Organization for Economic Cooperation and Development (OECD) released its latest Economic Outlook on June 3, projects global GDP growth to decelerate from 3.3% in 2024 to 2.9% for both this year and the next. The United States economy is expected to see a significant slowdown, with growth dropping to 1.6% in 2025 and 1.5% in 2026. So, what’s behind this slowdown? Let’s take a closer look at the role of trade barriers.

    First, let’s get a handle on the current state of trade barriers. In recent years, the U.S. has been at the forefront of implementing a series of protectionist trade measures. These include imposing tariffs and erecting various trade barriers. For example, on May 23, U.S. President Donald Trump proposed directly imposing a 50% tariff on EU products starting from June 1. Products manufactured or produced in the U.S. would be exempt from this tariff. However, according to the latest news, after a phone call between President Trump and EU Commission President Ursula von der Leyen, it was decided to postpone the implementation of the 50% tariff on EU products until July 9. While the intention might have been to shield domestic industries and jobs, the reality has turned out to be quite different.

    Trade barriers have had a profound impact on U.S. exports. As a major export-oriented economy, the U.S. relies heavily on international markets for many of its industries. However, these barriers have diminished the competitiveness of U.S. products abroad. In retaliation for U.S. protectionist moves, other countries have also raised tariffs on U.S. goods. This has left U.S. exporters grappling with higher costs and shrinking market shares. Take U.S. agricultural exports, for example. Due to retaliatory tariffs from other nations, U.S. agricultural products have found it increasingly difficult to penetrate international markets. In 2024, the export value of U.S. soybeans was $24.5 billion, lower than the $27.7 billion in 2023 and the record high of $34.4 billion in 2022. This has led to a drop in domestic agricultural prices and a decline in farmers’ incomes.

    Trade barriers have also wreaked havoc on supply chains. In today’s globalized world, many U.S. industries depend on intricate global supply chains. These barriers have caused these supply chains to fracture and reconfigure. Numerous companies have had to scramble to find new suppliers, incurring additional costs and experiencing reduced production efficiency. For instance, U.S. manufacturing firms often rely on imported components. Trade barriers have disrupted the supply of these parts, forcing companies to spend more time and money seeking alternatives. This not only affects production but also drives up product prices. The manufacturing PMI for May shows that the prices index was as high as 69.4%. Although it slightly decreased compared to last month, it still remained at a high level, indicating that raw material costs have been rising for eight consecutive months.

    Trade barriers have led to a decline in business investment. Amid the uncertainty of the trade environment, many companies have become wary of future market prospects. They fear that escalating trade barriers could further erode their profits. As a result, they have cut back on investments in new projects and equipment. This not only hampers long-term corporate development but also has a negative impact on economic growth. For example, some U.S. tech companies had planned to expand production, but they have had to either delay or shelve these plans due to the impact of trade barriers. Green energy projects have also been suspended to varying degrees, with major clean energy projects not being spared. Flagship projects that have been put on hold include the $1 billion solar panel factory in Oklahoma by Italy’s Enel Green Power, the $2.3 billion battery storage facility in Arizona by South Korea’s LG Energy Solution, and the $1.3 billion lithium refinery in South Carolina by the world’s largest lithium miner, U.S.-based Albemarle.

    Lastly, trade barriers have eroded consumer confidence. Consumers are a vital part of the economy, and their spending behavior directly affects economic growth. Trade barriers have caused product prices to rise, increasing the cost of living for consumers. For example, in April 2025, the U.S. CPI increased by 3.4% year on year. At the same time, trade barriers have led to job losses, with unemployment in the U.S.at 4.2% in April, heightening consumers’ concerns about the economic outlook. This has led consumers to cut back on spending, which in turn has had a negative impact on economic growth.

    So, what does the future hold for the U.S. economy in the face of these trade barriers? In the short term, the U.S. economy is likely to continue facing the pressure of slower growth. The impact of trade barriers won’t vanish overnight, and companies will need time to adapt to the new trade landscape. In the long run, the U.S. will need to reassess its trade policies and seek more open and cooperative trade relations. Only by strengthening international cooperation and reducing trade barriers can sustainable economic growth be achieved.

    In summary, trade barriers are a key factor in the projected U.S. economy slowdown. They have affected U.S. exports, disrupted supply chains, reduced business investment and eroded consumer confidence. The U.S. must take proactive measures to address these challenges. 

    The author is an associate professor in economics at Beijing International Studies University.

    MIL OSI China News

  • MIL-OSI Global: The blow-up between Elon Musk and Donald Trump has been entertaining, but how did things go so bad, so fast?

    Source: The Conversation – Global Perspectives – By Henry Maher, Lecturer in Politics, Department of Government and International Relations, University of Sydney

    A no-holds-barred and very public blow-up between the world’s richest man and the president of the United States has had social media agog in recent days, with each making serious accusations against the other.

    And while tech billionaire Elon Musk appears to have cooled the spat somewhat – deleting some of his more incendiary social media posts about Donald Trump – the president still appears to be in no mood to make up, warning Musk of “very serious consequences” if he backs Democrats at the mid-term elections in 2026.

    Tensions erupted over Trump’s “One Big Beautiful Bill” (OBBB). The OBBB proposes extensive tax cuts which could add roughly US$3 trillion (A$4.62 trillion) to the US national debt.

    After stepping down from his role as advisor to Trump, Musk criticised the OBBB as “disgusting abomination” that would “burden America [sic] citizens with crushing unsustainable debt”. Trump returned fire, suggesting “Elon was ‘wearing thin’, I asked him to leave […] and he just went CRAZY!”.

    In a dramatic escalation, Musk responded by calling for Trump’s impeachment. Musk also tweeted allegations that Trump was implicated in the Epstein files related to child sex offender Jeffrey Epstein. He has since deleted those tweets.

    Why has the much-hyped “bromance” between Musk and Trump suddenly ended? And what was the basis of their alliance in the first place?

    Musk in politics

    Like many billionaires, Musk had previously been hesitant to get involved in frontline politics. He says he voted for Hillary Clinton in 2016 and Joe Biden in 2020, but claimed in 2021 “I would prefer to stay out of politics”.

    In early 2024, Musk was still claiming to be politically non-aligned, suggesting he would not donate to either presidential campaign.

    This apparent neutrality ended following the attempted assassination of Trump at a July 2024 campaign rally, with Musk immediately endorsing Trump.

    In reality, Musk’s conversion to the MAGA movement long predated the assassination attempt. Musk’s hyperactive Twitter/X account shows a steady radicalisation.

    Across 2020-2024, Musk engaged with accounts sharing MAGA and far-right conspiracy theories. These include the antisemitic Great Replacement Theory, and the related South African white genocide conspiracy. Musk’s posts also show the obsession with opposing diversity, equity and inclusion (DEI) policies characteristic of the MAGA movement.

    After endorsing Trump, Musk spent US$288 million (A$444 million) supporting Trump’s election and appeared at campaign events around the country.

    Musk’s support for Trump was both ideological and pragmatic.

    From tax cuts to immigration restrictions to opposing DEI, there were clearly many ideological commonalities between Musk and Trump.

    There were also clear practical benefits for both men. Trump gained the financial backing of the world’s wealthiest man. Musk gained not only unparalleled access to the US president, but also a role leading the new Department of Government Efficiency (DOGE).

    DOGE: success and failure

    Early reporting on the second Trump presidency noted the omnipresence of Musk, who at one point moved into Trump’s Mar-a-Lago resort to be close to the president.

    However, observers were sceptical about the potential effectiveness of DOGE, and Musk’s claim it would save the government US$2 trillion (A$3.02 trillion).

    In the early months of the Trump administration, Musk cut government programs and employees at a remarkable rate. The USAID program was particularly hard hit, as were the Department of Education and the Consumer Financial Protection Bureau.

    As the spending cuts picked up pace, Musk began to attract more controversy. Critics questioned the apparent power wielded by the unelected billionaire. Musk’s ties to the far right were also in the spotlight after he appeared to perform two “Roman salutes”, which many observers believed to be a Nazi salute.

    Trump clips Musk’s wings

    Musk’s apparent rampage through government did not last long. As Trump’s executive appointees assumed control of their departments, Musk and DOGE experienced increasing resistance. After a series of fractious cabinet meetings, Trump reportedly reduced the power of DOGE in March.

    Political attention was also clearly affecting Musk’s businesses. The negative publicity has significantly damaged the Tesla brand, leading to declining sales around the world and repeated falls in Telsa’s share price.

    On May 1, Musk announced he would be leaving DOGE, claiming the department had saved the government US$180 billion (A$277 billion) in spending. This number is likely an exaggeration, but still falls well short of his original target.

    Musk has learned a harsh lesson in politics – that the complexities of government resist simple reform and cannot be easily rolled back in the way a CEO might slim down a company.

    For Trump, his manoeuvring of Musk appears to be another smart political move. As the public face of DOGE, Musk bore the negative rap for early government cuts and chaos. Having used his money and reputation, Trump dispensed with Musk as he has with so many advisers and appointees before.

    The falling out

    Musk departed his role in a muted White House ceremony, where Trump thanked him for his service and presented him with a ceremonial “golden key” to the White House.

    However, behind the public show of civility, tension was brewing over Trump’s One Big Beautiful Bill.

    Trump and Musk had originally claimed that the US$2 trillion (A$3.02 trillion) in DOGE savings could be used to fund a substantial tax cut. With the efficiency savings not eventuating, Musk worried the OBBB would significantly increase US public debt.

    Unable to convince Trump or other Republican legislators, Musk took to X, launching a “Kill the Bill” campaign that ultimately led to his incendiary showdown with Trump.

    For his part, Trump has belittled Musk, suggesting Musk only opposed the OBBB because it cut subsidies for electric vehicles.

    Though the subsidy cuts will affect Tesla, Musk has previously supported eliminating subsidies. Musk’s anger at the OBBB is more likely driven by the realisation he has been played by Trump.

    What now?

    Trump has used and discarded many other powerful figures in his chaotic political career. Musk has more power than most, and might be able to strike back at Trump.

    Yet, with his public reputation and brands already tarnished, Musk would be ill-advised to pick further fights with Trump and his adoring MAGA movement.

    Accordingly, Musk has indicated over the weekend he is open to a détente. Tesla investors will no doubt be relieved if Musk makes good on his pledge to step back from politics and return to his businesses.

    More concerning are the prospects for democracy. With wealth and power continuing to concentrate in a handful of billionaires, voters appear reduced to the role of viewers forced to watch the reality TV drama unfold.

    Though Trump appears to have won this round of billionaire battle royale, whatever happens next, democracy is the real loser.

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

    ref. The blow-up between Elon Musk and Donald Trump has been entertaining, but how did things go so bad, so fast? – https://theconversation.com/the-blow-up-between-elon-musk-and-donald-trump-has-been-entertaining-but-how-did-things-go-so-bad-so-fast-258394

    MIL OSI – Global Reports

  • MIL-OSI Global: Measles cases are surging globally. Should children be vaccinated earlier?

    Source: The Conversation – Global Perspectives – By Meru Sheel, Associate Professor, Infectious Diseases, Immunisation and Emergencies (IDIE) Group, Sydney School of Public Health, University of Sydney

    EyeEm Mobile GmbH/Getty Images

    Measles has been rising globally in recent years. There were an estimated 10.3 million cases worldwide in 2023, a 20% increase from 2022.

    Outbreaks are being reported all over the world including in the United States, Europe and the Western Pacific region (which includes Australia). For example, Vietnam has reportedly seen thousands of cases in 2024 and 2025.

    In Australia, 77 cases of measles have been recorded in the first five months of 2025, compared with 57 cases in all of 2024.

    Measles cases in Australia are almost all related to international travel. They occur in travellers returning from overseas, or are contracted locally after mixing with an infected traveller or their contacts.

    Measles most commonly affects children and is preventable with vaccination, given in Australia in two doses at 12 and 18 months old. But in light of current outbreaks globally, is there a case for reviewing the timing of measles vaccinations?

    Some measles basics

    Measles is caused by a virus belonging to the genus Morbillivirus. Symptoms include a fever, cough, runny nose and a rash. While it presents as a mild illness in most cases, measles can lead to severe disease requiring hospitalisation, and even death. Large outbreaks can overwhelm health systems.

    Measles can have serious health consequences, such as in the brain and the immune system, years after the infection.

    Measles spreads from person to person via small respiratory droplets that can remain suspended in the air for two hours. It’s highly contagious – one person with measles can spread the infection to 12–18 people who aren’t immune.

    Because measles is so infectious, the World Health Organization (WHO) recommends two-dose vaccination coverage above 95% to stop the spread and achieve “herd immunity”.

    Low and declining vaccine coverage, especially since the COVID pandemic, is driving global outbreaks.




    Read more:
    What are the symptoms of measles? How long does the vaccine last? Experts answer 6 key questions


    When are children vaccinated against measles?

    Newborn babies are generally protected against measles thanks to maternal antibodies. Maternal antibodies get passed from the mother to the baby via the placenta and in breast milk, and provide protection against infections including measles.

    The WHO advises everyone should receive two doses of measles vaccination. In places where there’s a lot of measles circulating, children are generally recommended to have the first dose at around nine months old. This is because it’s expected maternal antibodies would have declined significantly in most infants by that age, leaving them vulnerable to infection.

    If maternal measles antibodies are still present, the vaccine is less likely to produce an immune response.

    Research has also shown a measles vaccine given at less than 8.5 months of age can result in an antibody response which declines more quickly. This might be due to interference with maternal antibodies, but researchers are still trying to understand the reasons for this.

    A second dose of the vaccine is usually given 6–9 months later. A second dose is important because about 10–15% of children don’t develop antibodies after the first vaccine.

    In settings where measles transmission is under better control, a first dose is recommended at 12 months of age. Vaccination at 12 months compared with nine months is considered to generate a stronger, longer-lasting immune response.

    In Australia, children are routinely given the measles-mumps- rubella (MMR) vaccine at 12 months and the measles-mumps-rubella-varicella (MMRV, with “varicella” being chickenpox) vaccine at 18 months.

    Babies at higher risk of catching the disease can also be given an additional early dose. In Australia, this is recommended for infants as young as six months when there’s an outbreak or if they’re travelling overseas to a high-risk setting.

    A new study looking at measles antibodies in babies

    A recent review looked at measles antibody data from babies under nine months old living in low- and middle-income countries. The review combined the results from 20 studies, including more than 8,000 babies. The researchers found that while 81% of newborns had maternal antibodies to measles, only 30% of babies aged four months had maternal antibodies.

    This study suggests maternal antibodies to measles decline much earlier than previously thought. It raises the question of whether the first dose of measles vaccine is given too late to maximise infants’ protection, especially when there’s a lot of measles around.

    Should we bring the measles vaccine forward in Australia?

    All of the data in this study comes from low- and middle-income countries, and might not reflect the situation in Australia where we have much higher vaccine coverage for measles, and very few cases.

    Australia’s coverage for two doses of the MMR vaccine at age two is above 92%.

    Although this is lower than the optimal 95%, the overall risk of measles surging in Australia is relatively low.

    Nonetheless, there may be a case for broadening the age at which an early extra dose of the measles vaccine can be given to children at higher risk. In New Zealand, infants as young as four months can receive a measles vaccine before travelling to an endemic country.

    But the current routine immunisation schedule in Australia is unlikely to change.

    Adding an extra dose to the schedule would be costly and logistically difficult. Lowering the age for the first dose may have some advantages in certain settings, and doesn’t pose any safety concerns, but further evidence would be required to support this change. In particular, research is needed to ensure it wouldn’t negatively affect the longer-term protection that vaccination offers from measles.

    Making sure you’re protected

    In the meantime, ensuring high levels of measles vaccine coverage with two doses is a global priority.

    People born after 1966 are recommended to have two doses of measles vaccine. This is because those born before the mid-1960s likely caught measles as children (when the vaccine was not yet available) and would therefore have natural immunity.

    If you’re unsure about your vaccination status, you can check this through the Australian Immunisation Register. If you don’t have a documented record, ask your doctor for advice.

    Catch-up vaccination is available under the National Immunisation Program.

    Meru Sheel receives funding from the National Health and Medical Research Council and the Department of Foreign Affairs and Trade.

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

    ref. Measles cases are surging globally. Should children be vaccinated earlier? – https://theconversation.com/measles-cases-are-surging-globally-should-children-be-vaccinated-earlier-257942

    MIL OSI – Global Reports

  • Does U.S. law allow Trump to send troops to quell protests?

    Source: Government of India

    Source: Government of India (4)

    President Donald Trump has deployed National Guard troops to California after two days of protests by hundreds of demonstrators against immigration raids, saying that the protests interfered with federal law enforcement and framing them as a possible “form of rebellion” against the authority of the U.S. government.

    California Governor Gavin Newsom on Sunday said he had formally requested that the Trump Administration rescind “its unlawful deployment of troops in Los Angeles County” and return them to his command.

    WHAT LAWS DID TRUMP CITE TO JUSTIFY THE MOVE?

    Trump cited Title 10 of the U.S. Code, a federal law that outlines the role of the U.S. Armed Forces, in his June 7 order to call members of the California National Guard into federal service.

    A provision of Title 10 – Section 12406 – allows the president to deploy National Guard units into federal service if the U.S. is invaded, there is a “rebellion or danger of rebellion” or the president is “unable with the regular forces to execute the laws of the United States.”

    WHAT ARE NATIONAL GUARD TROOPS ALLOWED TO DO UNDER THE LAW CITED IN TRUMP’S ORDER?

    An 1878 law, the Posse Comitatus Act, generally forbids the U.S. military, including the National Guard, from taking part in civilian law enforcement.

    Section 12406 does not override that prohibition, but it allows the troops to protect federal agents who are carrying out law enforcement activity and to protect federal property.

    For example, National Guard troops cannot arrest protesters, but they could protect U.S. Immigration and Customs Enforcement who are carrying out arrests.

    WHAT ARE THE IMPLICATIONS FOR FREEDOM OF SPEECH?

    The First Amendment of the U.S. Constitution guarantees the right to assembly, freedom of speech and the press.

    Experts have said that Trump’s decision to have U.S. troops respond to protests is an ominous sign for how far the president is willing to go to repress political speech and activity that he disagrees with or that criticizes his administration’s policies.

    IS TRUMP’S MOVE SUSCEPTIBLE TO LEGAL CHALLENGES?

    Four legal experts from both left- and right-leaning advocacy organizations have cast doubt on Trump’s use of Title 10 in response to immigration protests calling it inflammatory and reckless, especially without the support of California’s Democratic Governor Gavin Newsom, who has said Trump’s actions would only escalate tensions.

    The protests in California do not rise to the level of “rebellion” and do not prevent the federal government from executing the laws of the United States, experts said.

    Title 10 also says “orders for these purposes shall be issued through the governors of the States,” but legal experts said that language might not be an obstacle. Legislative history suggests that those words were likely meant to reflect the norms of how National Guard troops are typically deployed, rather than giving a governor the option to not comply with a president’s decision to deploy troops.

    COULD CALIFORNIA SUE TO CHALLENGE TRUMP’S MOVE?

    California could file a lawsuit, arguing that deployment of National Guard troops was not justified by Title 10 because there was no “rebellion” or threat to law enforcement. A lawsuit might take months to resolve, and the outcome would be uncertain. Because the protests may be over before a lawsuit is resolved, the decision to sue might be more of a political question than a legal one, experts said.

    WHAT OTHER LAWS COULD TRUMP INVOKE TO DIRECT THE NATIONAL GUARD OR OTHER U.S MILITARY TROOPS?

    Trump could take a more far-reaching step by invoking the Insurrection Act of 1792, which would allow troops to directly participate in civilian law enforcement, for which there is little recent precedent.

    Casting protests as an “insurrection” that requires the deployment of troops against U.S. citizens would be riskier legal territory, one legal expert said, in part because mostly peaceful protests and minor incidents aren’t the sort of thing that the Insurrection Act were designed to address.

    The Insurrection Act has been used by past presidents to deploy troops within the U.S. in response to crises like the 1794 Whiskey Rebellion and the rise of the Ku Klux Klan in the immediate aftermath of the American Civil War. The law was last invoked by President George H.W. Bush in 1992, when the governor of California requested military aid to suppress unrest in Los Angeles following the Rodney King trial.

    But, the last time a president deployed the National Guard in a state without a request from that state’s governor was 1965, when President Lyndon Johnson sent troops to protect civil rights demonstrators in Montgomery, Alabama.

    (Reuters)

  • MIL-OSI Russia: Jobs at US’s Largest Port Halved Amid Tariff Controversy – Media

    Translation. Region: Russian Federal

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

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

    LOS ANGELES, June 8 (Xinhua) — The number of jobs at the Port of Los Angeles, the largest and busiest port in the United States, has been cut in half due to President Donald Trump’s tariffs that have crippled trade with the Asia-Pacific region, local media reported Saturday.

    Over the last 25 shifts, only 733 jobs were available for the 1,575 dockworkers seeking work, the Los Angeles Times reported, citing Port of Los Angeles Executive Director Gene Seroka, adding that the port handled 25 percent less cargo than projected for May.

    “They haven’t been laid off, but they’re working a lot less than they were before,” Seroka said. “We’ve actually seen a decline in work since the tariffs were put in place, in May,” he added.

    J. Seroka attributed the job losses to the decrease in the volume of cargo passing through the port.

    The Port of Los Angeles has been the largest container port in the United States every year since 2000. In California alone, nearly 1 million jobs are tied to trade through the port. –0–

    MIL OSI Russia News

  • Portugal’s emotional Ronaldo rejoices in winning Nations League

    Source: Government of India

    Source: Government of India (4)

    Portugal skipper Cristiano Ronaldo shed tears of joy as they won their second Nations League title on Sunday, insisting that winning trophies with his country beats all club honours.

    Ronaldo’s 138th international goal in the second half took the final to penalties after a 2-2 draw with Spain, with the substituted 40-year-old forward looking on from the sidelines as Portugal netted all five spot kicks to claim the title.

    The triumph, which left the five-times Champions League winner in tears, was Ronaldo’s third on the international stage, accompanying his 2016 European Championship and 2019 Nations League winners’ medals.

    “What a joy,” Ronaldo told Sport TV. “First of all for this generation, which deserved a title of this magnitude, for our families. My children came here, my wife, my brother, my friends.

    “Winning for Portugal is always special. I have many titles with clubs, but nothing is better than winning for Portugal. It’s tears. It’s duty done and a lot of joy.

    “When you talk about Portugal it is always a special feeling. Being captain of this generation is a source of pride. Winning a title is always the pinnacle in a national team.”

    Ronaldo’s future remains uncertain. He said last week he did not plan to play at the Club World Cup in the United States, which starts later this month, despite being courted by clubs taking part in the 32-team tournament.

    The Al-Nassr forward said he had several offers from other teams to play in the U.S., while his side’s sporting director, Fernando Hierro said last month they were negotiating with Ronaldo over a contract extension but faced competition from clubs eager to sign the five-times Ballon d’Or winner.

    For now, however, he is only focused on celebrating his latest triumph, having played in the final with an injury.

    “It’s beautiful,” he added. “It’s for our nation. We are a small people, but with a very big ambition.

    “The future is short term. Now is the time to rest well. I had the injury and that was the maximum, the maximum … I pushed, because for the national team you have to push.”

    (Reuters)

  • MIL-OSI New Zealand: Investment to showcase New Zealand to world

    Source: Ministry of Business Innovation and Employment (MBIE)

    The Government’s Tourism Boost invested funding into Tourism New Zealand to drive international visitor numbers in the short term. This additional funding will encourage more visitors from New Zealand’s core markets of Australia, the United States and China over the medium to longer term.

    This is the first investment in the Government’s Tourism Growth Roadmap, which sets the path for Government and industry to work together and double the value of tourism exports by 2034.

    International visitors bring billions of dollars into the economy. This investment is expected to deliver an extra 72,000 international visitors, generating around $300 million in spending.

    Funding comes from the International Visitor Conservation and Tourism Levy (IVL) for 2025/26.

    Read the Minister’s announcement:

    Additional funding to attract 72,000 more visitors to New Zealand(external link) — Beehive.govt.nz

    MIL OSI New Zealand News

  • MIL-OSI Russia: Republic of Latvia: Staff Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    June 8, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Washington, DC – June 9, 2025

    Latvia’s economy is navigating a complex global environment while addressing structural challenges at home. Geoeconomic fragmentation, geopolitical tensions, higher trade barriers and trade policy uncertainty, and labor and skills shortages are adding to challenges to productivity growth. Meanwhile, Latvia faces significant medium- and long-term spending pressures driven by population aging, defense needs, and investments for energy security. To address these spending needs, staff recommends the mobilization of additional revenue and the acceleration of structural fiscal reforms. Improving pension adequacy requires strengthening the second and third pillars of the pension system. The authorities should continue to monitor risks in the financial sector, including banks’ exposure to the commercial real estate sector, and reassess the solidarity contribution on banks. To strengthen resilience and growth—which will also support public finances—the authorities should consider measures to boost productivity. These include increasing the quantity and quality of corporate investment (e.g., by improving firms’ access to finance), supporting the reallocation of labor and capital toward higher value-added products and services, and enhancing digital technology adoption in traditional sectors.

    Outlook and Risks

    Growth is projected to rebound in 2025. Real GDP growth is projected to recover to about 1 percent in 2025, underpinned mainly by higher public investment, but also a recovery in private consumption and a gradual recovery of external demand. Headline inflation is projected to increase to about 3 percent in 2025, reflecting higher energy prices in the early months of 2025 and higher food prices, and core inflation is expected to moderate but remain above headline reflecting persistent services inflation.

    Risks to the outlook are tilted to the downside. Rising geopolitical tensions, and higher tariffs and trade policy uncertainty may dampen the recovery. Although direct trade and financial exposures to the United States are small, weaker demand in key European trading partners and lower consumer and business confidence could affect economic and financial stability through financial contagion. Other downside risks to growth include a further slowdown of growth in Latvia’s trading partners, delays in the absorption of EU funds, new increases in global energy and food prices, and an increase in electricity prices. At the same time, a strong economic recovery in Latvia’s main trading partners, a boost in confidence from improved security, a faster-than-expected disbursement of EU funds, and a swift implementation of structural reforms may contribute to higher-than-expected economic growth. Latvia has a strong track record, solid commitment to fiscal discipline, and strong fiscal institutions. Despite that, the fiscal balance is subject to downside risks from higher spending in defense, contingent liabilities with state-owned enterprisesthat could be in excess of the Fiscal Safety Reserve, and higher capital expenditure with large infrastructure projects.

    Fiscal Policy: Addressing Public Spending Pressures

    The moderately expansionary budget in 2025 is appropriate, given the currently negative output gap. The headline fiscal deficit is projected to increase to about 3 percent of GDP in 2025, because of higher defense and investment spending needs. At the same time, the 2025 budget includes tax reforms to simplify the personal income tax that will generate minimal revenue gains.

    Latvia’s government faces significant medium- and long-term spending pressures.These include rising costs for pensions and health care, increased defense spending, and investments for energy security. The government has recently committed to increasing defense spending to 5 percent of GDP from 2026 onwards. In the absence of measures to raise fiscal revenues and reprioritize government spending, Latvia’s structural fiscal deficit (including one-off expenses) is projected to average about 3 percent of GDP in the medium-term. This would raise public debt close to 50 percent of GDP in 2030, eroding fiscal space and limiting the authorities’ ability to address large adverse shocks in the future.

    Going forward, the authorities should proactively preserve fiscal buffers. Staff estimates that bringing public debt to its pre-Covid level of 40 percent of GDP in 2030 requires a fiscal consolidation of about ½ percent of GDP per year between 2026 and 2030.

    The government should therefore mobilize additional revenue. Revenue measures could include (i) strengthening tax compliance; (ii) broadening the bases of corporate and personal income taxes (e.g., by reducing the shadow economy); (iii) continuing to improve VAT collection efficiency through further narrowing the compliance gap; (iv) reducing tax exemptions and fossil fuel subsidies; and (v) raising property tax revenue. The government should also consider improving the efficiency of public spending by further improving procurement, eradicating rent-seeking activities, simplifying regulation, reducing bureaucracy, and increasing the efficiency of public administration and public investment management.

    The government should adopt measures to support medium- and long-term pressures arising from higher spending with pensions. The government needs a comprehensive approach to improve pension adequacy while ensuring the financial balance of the pension system. This may include pursuing active labor market policies to increase labor force participation, incentivizing pensioners to work, and linking the retirement ages to future life expectancy gains. The authorities should also strengthen pension adequacy by increasing the contribution rates and the returns to the mandatory defined contribution pension pillar and strengthening incentives for higher voluntary savings for retirement through a more flexible and accessible system design.

    Financial Policies: Countering Risks and Building Resilience in the Financial Sector

    The authorities should monitor loan exposure to commercial real estate (CRE) and reassess the solidarity contribution on banks. If remaining in place for long, the solidarity contribution could distort bank lending toward less productive uses such as real estate and reduce lending to corporates. This is because banks can spread the increased tax costs over the full term of a mortgage, unlike for corporate loans which have shorter maturities. Considering structural changes in the office CRE segment globally, and given that loans to the CRE sector are around 31 percent of banks’ total corporate loan portfolio, CRE developments should be closely monitored.

    The macroprudential policy stance remains broadly appropriate. The implementation of a positive neutral countercyclical capital buffer requirement, which will be raised to 1 percent in June 2025, helps build up releasable macroprudential buffers. However, the looser debt-to-income and debt service-to-income limits implemented in 2024 to promote loans for the purchase of energy-efficient housing should be reconsidered. Latvia has made further progress in strengthening its AML/CFT framework.

    Structural Reforms: Policies to Boost Investment and Productivity

    Latvia’s low productivity growth is driven by sluggish capital accumulation and an inefficient allocation of productive resources. The low capital stock results from inadequate investment in part driven by financial constraints and low risk-adjusted expected returns. Structural bottlenecks like costly and lengthy insolvency processes (despite improvements) or limited occupational and regional mobility of the labor force have hindered the flow of resources from low- to high-productivity firms. Boosting productivity would help to increase the tax base and sustainably lift incomes, while preserving Latvia’s external competitiveness.

    Corporate reforms can improve capital allocation and enhance access to finance. Insolvency reforms with a focus on micro companies and timely initiation of insolvency cases that facilitate the exit of firms that are not economically viable could help to reallocate resources to more viable businesses. Initiatives to develop the capital market could help improve the access to finance by smaller firms. Expanding venture capital and equity financing would improve access to finance, therefore boosting opportunities for startups and allowing young firms to scale up. All these reforms will be more successful if combined with deepening the EU’s single market, which will allow Latvia’s firms to leverage economies of scale and greatly improve access to capital markets.

    Addressing labor and skills shortages would sustain investment and productivity growth in Latvia. High-quality education and training systems, and targeted upskilling and reskilling measures are key to reducing the labor and skills shortages, improving competitiveness, and boosting productivity. The facilitation of skilled migration and the use of targeted active labor market policies will also help to enhance participation in the labor market.

    Product and service market reforms can enhance competition and productivity. The regulatory framework could be improved by reducing the use of retail price regulation, streamlining spatial planning and construction regulations, and further simplifying administrative procedures and digitalization efforts in the construction sector.

    The authorities should enhance support for innovation, technology adoption, and digital transformation, as well as strengthen energy security. Despite a modest rise in the past decade, Latvia’s R&D spending as a share of GDP remains among the lowest in Europe, hampering innovation and productivity growth. The authorities should accelerate the digital transformation by centralizing the governance of digital platforms and systems in the public sector, expanding digital training to public employees, promoting digitalization in businesses and in the education sector, and enhancing the broadband infrastructure. Finally, Latvia should continue to enhance its energy security by increasing the share of renewable energy, including biomass, and improving interconnections to other European power grids.

    An IMF team conducted meetings in Riga during May 26–June 6, 2025. The mission was led by Mr. Luis Brandao-Marques and includes Gianluigi Ferrucci, Bingjie Hu, and Keyra Primus (all EUR). Carlos Acosta and Anjum Rosha (all LEG) participated virtually in meetings. Gundars Davidsons (OED) participated in the meetings. The mission would like to thank the authorities for their open collaboration, generous availability, and the candid and constructive discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Boris Balabanov

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/06/mcs060925-Latvia-Staff-Concluding-Statement-2025-Article-IV-Mission

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI New Zealand: Additional funding to attract 72,000 more visitors to New Zealand

    Source: New Zealand Government

    A new $13.5 million investment in international tourism marketing is expected to deliver an extra 72,000 international visitors to our shores, Tourism and Hospitality Minister Louise Upston says.

    “The additional funding into Tourism New Zealand will drive international visitor numbers and will be targeted towards our core markets of Australia, the United States and China over the next few years” Louise Upston says.

    “We know how important marketing is to attract visitors, with around 14 per cent of international holiday visitors directly influenced by Tourism New Zealand’s marketing activity.

    “This is the first investment in the Government’s Tourism Growth Roadmap, which sets out a series of Government initiatives and investments for the Government and industry to work together to double the value of tourism exports by 2034. 

    “International visitors bring billions of dollars into the economy and these markets are the driving force behind our tourism sector.

    “This investment is expected to generate around $300 million in spending, which is a very strong return on investment. International visitor numbers continue to climb and this boost will help drive further economic growth throughout the entire country.

    “Encouraging more visitors means more people staying in our hotels, eating in our cafés, spending in our shops and visiting our attractions. This creates jobs and drives economic growth.

    “We want people to know New Zealand is open for business and we welcome visitors with open arms.”

    Funding comes from the International Visitor Conservation and Tourism Levy (IVL) for 2025/26.

    MIL OSI New Zealand News

  • MIL-OSI China: Nation’s trade in services accelerating

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

    A French couple Tristan and Anouk Masselin visit Yuyuan Garden area in east China’s Shanghai, Feb. 1, 2025. [Photo/Xinhua]

    Driven by burgeoning inbound tourism and robust growth in the knowledge-intensive service sector, China’s trade in services registered swift expansion in the first four months of the year, underscoring the country’s efforts in fostering new growth drivers amid rising trade barriers, analysts said.

    Although uncertainties still cloud tariff negotiations with the United States, China is committed to opening its door even wider and enhancing its global competitiveness to respond to intensifying protectionism, they added.

    From January to April, China’s trade in services continued to grow at a relatively fast pace, with the total import and export value reaching 2.63 trillion yuan ($366 billion), a year-on-year increase of 8.2 percent, the Ministry of Commerce said in a news release on Friday.

    China’s trade in knowledge-intensive services recorded a steady increase during this period, with total imports and exports reaching over 1 trillion yuan, up 5.5 percent year-on-year, the ministry said.

    The export of travel services, in particular, grew 79.9 percent year-on-year during the first four months, recording the fastest growth among all subsectors, it added.

    Expanding openness

    The surge in the travel service sector is largely attributed to China’s unilateral visa exemption for citizens of 43 countries and its 144-hour visa-free transit policy for citizens from 54 countries. These measures have fostered a more convenient climate for foreign tourists coming to China, according to experts.

    “China’s willingness to invite the world in demonstrates the nation’s commitment to expanding openness even when certain countries practice unilateralism,” said Chen Jianwei, a researcher at the Academy of China Open Economy Studies of the University of International Business and Economics in Beijing.

    In addition, the country recently upgraded its instant tax refund system for foreign visitors, which, coupled with its improved payment services, makes China an appealing destination for both travel and shopping.

    While the US is attempting to reshape global supply chains through tariffs, China is taking a totally different approach, Chen said.

    China has reduced the minimum purchase threshold for tax refunds to 200 yuan from 500 yuan as part of the nation’s broader efforts to strengthen the clout of its consumer market and, thereby, cement its position in global supply chains, he said.

    “This will compel other countries and global companies to carefully weigh the costs of decoupling from China against the dividends of engaging with the Chinese market,” he added.

    Meng Pu, chairman of Qualcomm China, said: “Amid China’s fast-growing trade in services, we not only see greater efficiency and innovative applications brought by technology, but also the tremendous potential for win-win cooperation. Technology can only unleash its maximum value within an open and collaborative ecosystem.”

    Top negotiators from Beijing and Washington are scheduled to hold the first meeting of the China-US economic and trade consultation mechanism during Vice-Premier He Lifeng’s visit to the United Kingdom from Sunday to Friday.

    The meeting will come after the two countries held economic and trade talks in May in Geneva, Switzerland, during which they agreed on a 90-day pause on triple-digit tariffs to allow further negotiations.

    Zhao Jinping, vice-president of the China Association of Trade in Services, said that with the uncertain prospects of US tariffs on China’s trade in goods, it is crucial for China to tap into its trade in services as a means of buffering potential headwinds.

    Looking ahead, China will push for the high-standard opening-up of its services trade by actively aligning with international high-standard economic and trade rules, and go ahead with the implementation of the negative list for cross-border trade in services, he added.

    MIL OSI China News

  • MIL-OSI China: Zheng focuses on Wimbledon after French Open loss

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

    China’s Olympic champion Zheng Qinwen says she is refocusing her efforts on the upcoming grass-court season after defeat in the quarterfinals at the French Open.

    Zheng, 22, lost to world No.1 Aryna Sabalenka in straight sets at Roland Garros on Tuesday.

    Zheng Qinwen of China attends a training session at the 2024 China Open tennis tournament in Beijing, capital of China, Sept. 24, 2024. (Xinhua/Zhang Chen)

    “I blew so many chances during the match,” recalled Zheng on Sunday, after having triumphed on the same clay court at the Paris Olympics last year. “I did learn a lesson from the defeat. I hope whenever I’m in the same situation again, I can keep calm and control my nerves.”

    After spending some time with friends after her defeat, Zheng said she felt much better and is ready to move on to the grass-court season.

    “There is a new tournament coming and I cannot allow myself to dwell on the past,” said the world No. 5 Zheng, who will compete at the HSBC Championships in London – which precedes Wimbledon – as the top seed.

    “I really look forward to playing at the Queen’s Club. I know it’s a club with great history and I’m thrilled that there is a women’s tournament here this year,” said Zheng.

    Despite suffering first-round exits at Wimbledon in the past two years, Zheng says she remains confident in her ability on grass.

    “I believe I can perform well on a grass court. Last year I was injured while playing at Wimbledon and one year earlier I didn’t prepare well as I was working with a new team,” said Zheng. “I think I can be much stronger this year if I prepare well.”

    Zheng has received a bye in the first round and will start her campaign against either Britain’s Francesca Jones or McCartney Kessler of the United States in the second round.

    MIL OSI China News

  • MIL-OSI China: Casemiro calls for Brazil to step forward

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

    Veteran midfielder Casemiro says Brazil will look to rediscover its attacking instincts when it meets Paraguay in a FIFA World Cup qualifier on Tuesday.

    Brazil held Ecuador to a goalless draw in Guayaquil on Thursday in Carlo Ancelotti’s debut as manager, showing defensive discipline but little attacking threat.

    Casemiro, recalled by Ancelotti to the national squad after an absence of almost two years, said Brazil would need to take a more proactive approach to break down an in-form Paraguay at Corinthians Arena in Sao Paulo.

    “Each game is a different story,” said the 33-year-old, who played under Ancelotti at Real Madrid before his 2022 move to Manchester United.

    “It will be a game with a lot of possession and Paraguay wanting to play on the counterattack. We will need to be switched on mentally and take our chances when they come.

    “Brazil’s main characteristic is always to attack, but having defensive solidity is already a step forward. There’s no point in me saying here that we’re playing well but the team’s attitude in the last game was good. Now we have to prioritize the offensive aspect a little more.”

    Casemiro also praised Ancelotti’s early impact on the squad, saying the Italian had brought “experience” and “peace” to a team in transition.

    The former Sao Paulo and Porto player said he is enjoying his best form in years after a turbulent start to his spell at Manchester United.

    “This has been one of the most important years of my career,” he said. “I never stopped working and that has allowed me to come back stronger. Hard work always pays off and now I’m here, not because I know the coach, but because I earned it.”

    The winner of the clash will secure a ticket to next year’s World Cup in the United States, Mexico and Canada – but only if Uruguay beats Venezuela in Montevideo the same day.

    MIL OSI China News

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for June 9, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on June 9, 2025.

    Israeli forces intercept Gaza freedom aid boat Madleen – cut communications
    Pacific Media Watch Contact has been lost with the Gaza Freedom Flotilla humanitarian aid boat Madleen after Israeli commandos intercepted it in international waters. The commandos demanded that everyone on board turn off their phones, and the boat lost contact with Al Jazeera Mubasher journalist Omar Faiad as well as its live feed, reports the

    NZ homes are notorious for being cold and damp. Here are 4 ways to make yours feel warmer this winter
    Source: The Conversation (Au and NZ) – By John Tookey, Professor of Construction Management, Auckland University of Technology New Zealand has just been hit by the first big cold snap of 2025 and, like every year, many New Zealanders will be reaching for an extra jumper, slippers and maybe a blanket to try and keep

    2-million-year-old pitted teeth from our ancient relatives reveal secrets about human evolution
    Source: The Conversation (Au and NZ) – By Ian Towle, Research Fellow in Biological Anthropology, Monash University Ian Towle / The Conversation The enamel that forms the outer layer of our teeth might seem like an unlikely place to find clues about evolution. But it tells us more than you’d think about the relationships between

    Curious Kids: Why do dolphins jump out of the water?
    Source: The Conversation (Au and NZ) – By Katharina J. Peters, Lecturer in Biological Sciences, University of Wollongong Will Falcon/Shutterstock Why do dolphins jump out of the water? Charlize, age 8, Melbourne Have you ever seen images of dolphins jumping out of the waves and performing impressive acrobatics in the air? Or maybe you’ve seen

    How Trump’s trade war is supercharging the fast fashion industry
    Source: The Conversation (Au and NZ) – By Mona Mashhadi Rajabi, Postdoctoral Research Fellow, University of Technology Sydney Jade Gao/Getty Images When US President Donald Trump introduced sweeping new tariffs on Chinese imports the goal was to bring manufacturing back to American soil and protect local jobs. However, this process of re-shoring is complex and

    Can Israel still claim self-defence to justify its Gaza war? Here’s what the law says
    Source: The Conversation (Au and NZ) – By Donald Rothwell, Professor of International Law, Australian National University On October 7 2023, more than 1,000 Hamas militants stormed into southern Israel and went on a killing spree, murdering 1,200 men, women and children and abducting another 250 people to take back to Gaza. It was the

    Measles cases are surging globally. Should children be vaccinated earlier?
    Source: The Conversation (Au and NZ) – By Meru Sheel, Associate Professor, Infectious Diseases, Immunisation and Emergencies (IDIE) Group, Sydney School of Public Health, University of Sydney EyeEm Mobile GmbH/Getty Images Measles has been rising globally in recent years. There were an estimated 10.3 million cases worldwide in 2023, a 20% increase from 2022. Outbreaks

    What can you do if you don’t like your child’s friends?
    Source: The Conversation (Au and NZ) – By Rachael Murrihy, Director, The Kidman Centre, Faculty of Science, University of Technology Sydney Getty Images/ Wander Woman Collective Many parents will be familiar with this situation: your child has a good or even best friend, but you don’t like them. Perhaps the friend is bossy, has poor

    Immortality at a price: how the promise of delaying death has become a consumer marketing bonanza
    Source: The Conversation (Au and NZ) – By Amy Errmann, Senior Lecturer, Marketing & International Business, Auckland University of Technology Living forever has become the wellness and marketing trend of the 2020s. But cheating death – or at least delaying it – will come at a price. What was once the domain of scientists and

    Why bystanders defend bad behaviour at work — even when they know it’s wrong
    Source: The Conversation (Au and NZ) – By Zhanna Lyubykh, Assistant Professor, Beedie School of Business, Simon Fraser University Rather than intervening, supporting targets or reporting the misconduct, bystanders may downplay it, withdraw support or even blame the target, which ultimately reinforces the mistreatment. (Shutterstock) “You always mess things up. Why are you even on

    Phil Goff: Israel doesn’t care how many innocent people it’s killing in Gaza
    COMMENTARY: By Phil Goff “What we are doing in Gaza now is a war of devastation: indiscriminate, limitless, cruel and criminal killing of civilians. It’s the result of government policy — knowingly, evilly, maliciously, irresponsibly dictated.” This statement was made not by a foreign or liberal critic of Israel but by the former Prime Minister

    New Zealand’s foreign policy stance on Palestine lacks transparency
    COMMENTARY: By John Hobbs It is difficult to understand what sits behind the New Zealand government’s unwillingness to sanction, or threaten to sanction, the Israeli government for its genocide against the Palestinian people. The United Nations, human rights groups, legal experts and now genocide experts have all agreed it really is “genocide” which is being

    The blow-up between Elon Musk and Donald Trump has been entertaining, but how did things go so bad, so fast?
    Source: The Conversation (Au and NZ) – By Henry Maher, Lecturer in Politics, Department of Government and International Relations, University of Sydney A no-holds-barred and very public blow-up between the world’s richest man and the president of the United States has had social media agog in recent days, with each making serious accusations against the

    Gaza plea: RSF, CPJ and 150+ media outlets call on Israel to open Strip to foreign journalists, protect Palestinian reporters
    Pacific Media Watch More than 150 press freedom advocacy groups and international newsrooms have joined Reporters Without Borders (RSF) and the Committee to Protect Journalists (CPJ) in issuing a public appeal demanding that Israel grant foreign journalists immediate, independent and unrestricted access to the Gaza Strip. The organisations are also calling for the full protection

    MIL OSI AnalysisEveningReport.nz

  • MIL-OSI Russia: Beijing boosts China travel popularity by streamlining inbound tourism services

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian –

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

    Climb the Great Wall of China to admire the majestic scenery; stroll along the central axis of Beijing and immerse yourself in the ancient Chinese civilization; stroll along the Liangmahe River embankment with an international atmosphere to enjoy the city’s nightlife charm… More than 270 tour operators from over 40 countries and regions around the world recently gathered in Beijing to “discover Beijing” for 48 hours and fully experience the dynamics and energy of China travel.

    “This is my first visit to Beijing and China, everything here pleasantly surprises me!” exclaims Anya from Munich, filming what she saw on her mobile phone. She told reporters that she was very impressed by climbing the Great Wall of China, listening to the Kunqu opera and tasting Peking duck. “I am so glad that I came here. Next year I hope to visit China with my family to discover even more interesting things,” she said.

    From June 1 to 2, the Beijing Cultural and Tourism Administration invited tour operators from the United States, Britain, France, Italy and other countries to get acquainted with new tourism products, locations and services in the capital of the PRC.

    As China continues to optimize its entry policy and expand the list of countries whose citizens can enter China without a visa, “China travel” is becoming increasingly popular, and “China shopping” is becoming a new fashion trend. Since the beginning of this year, Beijing’s inbound tourism has shown accelerated growth, with the number of tourists and their consumption rates increasing sharply. Data show that Beijing received 1.46 million foreign tourists from January to April this year, up 57.1% year-on-year.

    The 2025 Beijing Inbound Tourism Development Conference focuses on topics such as transportation, payment, accommodation, shopping, entertainment and technology, and introduces overseas tour operators to services and innovative products aimed at facilitating inbound tourism.

    According to the information provided, Beijing will continuously expand its tourism products such as world heritage tours, hutong tours, night city tours and other specialized and immersive tourism products. Ten themed inbound tourism routes will be launched to enrich the diversity of tourism products and meet the needs of different markets and tourist groups.

    “Some American tourists are not familiar with China, and the new measures taken by Beijing will help them travel around the city more conveniently,” said Justin Lipsky from the United States. “I like to visit places like the Forbidden City, Temple of Heaven, Drum Tower and Wangfujing Street, where you can experience the unique history and culture of Beijing. I will also recommend these places to tourists from the United States.”

    MIL OSI Russia News

  • MIL-OSI China: Jobs at largest US port down by half amid tariff tensions: media

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

    Jobs at the Port of Los Angeles, the largest and busiest port in the United States, are down by half as U.S. President Donald Trump’s tariffs cripple trade with Asia-Pacific, local media reported on Saturday.

    Over the last 25 work shifts, only 733 jobs were available for 1,575 longshoremen looking for work, Los Angeles Times reported, citing Gene Seroka, executive director of the Port of Los Angeles, adding that the port processed 25 percent less cargo than forecast for May.

    “They haven’t been laid off, but they’re not working nearly as much as they did previously,” Seroka said. “Since the tariffs went into place, and in May specifically, we’ve really seen the work go off on the downside.”

    Seroka attributed the decrease in job opportunities to lower cargo volume moving through the port.

    The Port of Los Angeles has ranked as the largest container port in the United States each year since 2000. In California alone, nearly 1 million jobs are related to trade through the port. 

    MIL OSI China News

  • MIL-OSI USA: SPC PDS Severe Thunderstorm Watch 399

    Source: US National Oceanic and Atmospheric Administration

    Note:  The expiration time in the watch graphic is amended if the watch is replaced, cancelled or extended.Note: Click for Watch Status Reports.
    SEL9

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 399
    NWS Storm Prediction Center Norman OK
    830 PM CDT Sun Jun 8 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Far Southwest Arkansas
    Northwest Louisiana
    Southeast Oklahoma
    North-Central and Northeast Texas

    * Effective this Sunday night and Monday morning from 830 PM
    until 400 AM CDT.

    …THIS IS A PARTICULARLY DANGEROUS SITUATION…

    * Primary threats include…
    Widespread damaging winds expected with scattered significant
    gusts to 100 mph likely
    Scattered large hail likely with isolated very large hail events
    to 3 inches in diameter possible
    A few tornadoes possible

    SUMMARY…Multiple intense clusters and supercells are expected to
    track east-southeast over southern Oklahoma and north-central/
    northeast Texas this evening into the early overnight hours.
    Widespread severe/damaging winds are anticipated with this activity,
    with peak gusts potentially reaching up to 80-100 mph in the more
    intense bowing clusters. Scattered large to very large hail also
    remains possible with embedded supercells, along with a few
    tornadoes.

    The severe thunderstorm watch area is approximately along and 80
    statute miles north and south of a line from 50 miles west northwest
    of Mineral Wells TX to 10 miles north northeast of Shreveport LA.
    For a complete depiction of the watch see the associated watch
    outline update (WOUS64 KWNS WOU9).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 392…WW 393…WW
    394…WW 395…WW 396…WW 397…WW 398…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    3 inches. Extreme turbulence and surface wind gusts to 85 knots. A
    few cumulonimbi with maximum tops to 600. Mean storm motion vector
    30035.

    …Gleason

    SEL9

    URGENT – IMMEDIATE BROADCAST REQUESTED
    Severe Thunderstorm Watch Number 399
    NWS Storm Prediction Center Norman OK
    830 PM CDT Sun Jun 8 2025

    The NWS Storm Prediction Center has issued a

    * Severe Thunderstorm Watch for portions of
    Far Southwest Arkansas
    Northwest Louisiana
    Southeast Oklahoma
    North-Central and Northeast Texas

    * Effective this Sunday night and Monday morning from 830 PM
    until 400 AM CDT.

    …THIS IS A PARTICULARLY DANGEROUS SITUATION…

    * Primary threats include…
    Widespread damaging winds expected with scattered significant
    gusts to 100 mph likely
    Scattered large hail likely with isolated very large hail events
    to 3 inches in diameter possible
    A few tornadoes possible

    SUMMARY…Multiple intense clusters and supercells are expected to
    track east-southeast over southern Oklahoma and north-central/
    northeast Texas this evening into the early overnight hours.
    Widespread severe/damaging winds are anticipated with this activity,
    with peak gusts potentially reaching up to 80-100 mph in the more
    intense bowing clusters. Scattered large to very large hail also
    remains possible with embedded supercells, along with a few
    tornadoes.

    The severe thunderstorm watch area is approximately along and 80
    statute miles north and south of a line from 50 miles west northwest
    of Mineral Wells TX to 10 miles north northeast of Shreveport LA.
    For a complete depiction of the watch see the associated watch
    outline update (WOUS64 KWNS WOU9).

    PRECAUTIONARY/PREPAREDNESS ACTIONS…

    REMEMBER…A Severe Thunderstorm Watch means conditions are
    favorable for severe thunderstorms in and close to the watch area.
    Persons in these areas should be on the lookout for threatening
    weather conditions and listen for later statements and possible
    warnings. Severe thunderstorms can and occasionally do produce
    tornadoes.

    &&

    OTHER WATCH INFORMATION…CONTINUE…WW 392…WW 393…WW
    394…WW 395…WW 396…WW 397…WW 398…

    AVIATION…A few severe thunderstorms with hail surface and aloft to
    3 inches. Extreme turbulence and surface wind gusts to 85 knots. A
    few cumulonimbi with maximum tops to 600. Mean storm motion vector
    30035.

    …Gleason

    Note: The Aviation Watch (SAW) product is an approximation to the watch area. The actual watch is depicted by the shaded areas.
    SAW9
    WW 399 SEVERE TSTM AR LA OK TX 090130Z – 090900Z
    AXIS..80 STATUTE MILES NORTH AND SOUTH OF LINE..
    50WNW MWL/MINERAL WELLS TX/ – 10NNE SHV/SHREVEPORT LA/
    ..AVIATION COORDS.. 70NM N/S /58SSW SPS – 11SSE EIC/
    HAIL SURFACE AND ALOFT..3 INCHES. WIND GUSTS..85 KNOTS.
    MAX TOPS TO 600. MEAN STORM MOTION VECTOR 30035.

    LAT…LON 34219887 33749376 31439376 31909887

    THIS IS AN APPROXIMATION TO THE WATCH AREA. FOR A
    COMPLETE DEPICTION OF THE WATCH SEE WOUS64 KWNS
    FOR WOU9.

    Watch 399 Status Report Message has not been issued yet.

    Note:  Click for Complete Product Text.Tornadoes

    Probability of 2 or more tornadoes

    Mod (50%)

    Probability of 1 or more strong (EF2-EF5) tornadoes

    Low (20%)

    Wind

    Probability of 10 or more severe wind events

    High (>95%)

    Probability of 1 or more wind events > 65 knots

    High (90%)

    Hail

    Probability of 10 or more severe hail events

    Mod (60%)

    Probability of 1 or more hailstones > 2 inches

    Mod (50%)

    Combined Severe Hail/Wind

    Probability of 6 or more combined severe hail/wind events

    High (>95%)

    For each watch, probabilities for particular events inside the watch (listed above in each table) are determined by the issuing forecaster. The “Low” category contains probability values ranging from less than 2% to 20% (EF2-EF5 tornadoes), less than 5% to 20% (all other probabilities), “Moderate” from 30% to 60%, and “High” from 70% to greater than 95%. High values are bolded and lighter in color to provide awareness of an increased threat for a particular event.

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSWOMAN MAXINE WATERS CONDEMNS PRESIDENT TRUMP AND HIS ADMINISTRATION FOR RACIST IMMIGRATION POLICY

    Source: United States House of Representatives – Congresswoman Maxine Waters (43rd District of California)

    “Trump is demonstrating the height of his racism as he works to remove 500,000 legal immigrants from this country.”

    WASHINGTON, D.C. – Congresswoman Maxine Waters (CA-43), Ranking Member of the Committee on Financial Services, released the following statement in response to the Supreme Court granting the Trump Administration’s request to revoke humanitarian parole from more than 500,000 immigrants from Cuba, Haiti, Nicaragua, and Venezuela, and order them out of the Country. 

    “Donald Trump is demonstrating the height of his racism as he works to remove 500,000 legal immigrants from this country. These are individuals who followed the legal process to apply for and receive humanitarian parole, which allows migrants from countries facing instability, including Cuba, Haiti, Nicaragua, and Venezuela, to enter the United States and live and work here legally, in this case for two years, provided they have a private sponsor. These people followed that process, entered the United States legally, and became law-abiding and contributing members of their communities.  It is downright cruel for Donald Trump to interfere with that process, take away their parole status with virtually no warning, uproot them from their families, sponsors, and communities, and deport them to situations that are still unstable.

    “I am appalled that the Supreme Court is allowing Trump to proceed with these racist deportation plans targeting law-abiding, legal immigrants who are working, raising families, and contributing in a positive way to their communities. I commend Justices Ketanji Brown Jackson and Sonia Sotomayor for their dissent against this terrible decision.

    “Meanwhile, Trump lied to the American people and the world when he perpetuated a false narrative about white South Africans being subjected to genocide, and then used these lies to justify bringing white South Africans into the United States as refugees, while attempting to deport thousands of legal immigrants who are not white but who truly are refugees.  South African President Cyril Ramaphosa, the United States intelligence community, and the international community have all confirmed that Trump lied about South Africa. 

    “Co-President Elon Musk spread these outrageous lies. Elon Musk is the same man whose family worked hard to maintain the racist apartheid system in South Africa for decades and who himself repeatedly gestured the Afrikaner salute (associated with white supremacist groups like South Africa’s neo-Nazi political party Afrikaner Weerstandsbeweging).

    “But this isn’t new for Trump. Throughout his campaign and even after his election, Trump held rallies that featured racist and disparaging comments and outright lies about immigrants, especially Haitians, in an attempt to stoke fear amongst the American people. Trump’s baseless attacks caused irreparable harm to communities across our nation and further tarnished America’s image around the world.” 

    MIL OSI USA News

  • MIL-OSI USA: CONGRESSWOMAN MAXINE WATERS RELEASES THE FOLLOWING STATEMENT ON THE PASSING OF REPRESENTATIVE GERRY CONNOLLY

    Source: United States House of Representatives – Congresswoman Maxine Waters (43rd District of California)

    My heart goes out to Cathy, Caitlin, and the entire family of Representative Gerry Connolly at this difficult time.  With a true heart for the people, he fiercely advocated for the working class, particularly for federal employees and civil servants.  
     
    Gerry started his career as a Senate Foreign Relations Committee staffer, where he helped advance the annual US foreign aid authorization. He later joined the Fairfax County Board of Supervisors and transformed the Northern Virginia region into the vibrant technology hub it is today. While in Congress, I’ve worked alongside Gerry and valued his leadership as the top-ranking Democrat on what is now the Committee on Oversight and Government Reform.  
     
    His efforts to modernize the federal IT infrastructure, preserve collective bargaining rights, and combat abuse of power earned him the respect of his peers and of the nation. He had a brilliant mind and fought tirelessly for all the disadvantaged, both domestically and abroad.  
     
    He will be remembered for his unwavering commitment to the American people and his dedication to public service. My heartfelt condolences go to Representative Gerry Connolly’s family and all who cherished him.   

    ###

    MIL OSI USA News

  • MIL-OSI USA: Congresswoman Maxine Waters Delivers Commencement Speech at Maxine Waters Employment Preparation Center Graduation

    Source: United States House of Representatives – Congresswoman Maxine Waters (43rd District of California)

    On May 30, 2025, Congresswoman Maxine Waters delivered the commencement speech to the graduating class at the Maxine Waters Employment Preparation Center. The Maxine Waters Employment Preparation Center is an accredited school within the Los Angeles Unified School District that offers quality educational programs to a diverse student population. Its mission is to educate and prepare adult learners for academic excellence and career success. This year alone, the school has helped over 11,000 students. This is the largest enrollment ever at the school and the largest enrollment of any school in the Los Angeles Unified School District Division of Adult and Career Education.

    “I am extremely proud of each and every one of the students graduating who had the drive to better their lives and improve their community”, said Congresswoman Waters. “Your graduation is a testament to your strength, your character, and your ability to believe in yourselves and never give up on your dreams. Whatever you do, know that your families, our community, and our entire nation are depending on you. I want you all to go through life with your heads held high, understanding that you can achieve any goal you set for yourselves. I know you are already inspired. You can and you will Achieve the Impossible! Congratulations to the class of 2025!”

    MIL OSI USA News