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Category: United States of America

  • MIL-OSI USA: Upcoming US Law Webinars – June 2025

    Source: US Global Legal Monitor

    We hope you will join us in June for the next offering of our Orientation to Legal Research webinar, focusing on U.S. case law, followed by the next entry into the Introduction to Congress.gov webinars. These webinars are designed to give a basic introduction on how to use Congress.gov and other legal sources when conducting research, as well as to provide updates on the new features available at the Law Library and through Congress.gov. For more information and to register, please visit the links below.


    An Orientation to Legal Research: U.S. Case Law

    Date: Thursday, June 5, 2025, 1:00 p.m. – 2:00 p.m. EDT

    Content: This webinar is designed to give a basic introduction to legal sources and research techniques. This entry in the series provides an overview of U.S. case law research, including information about the U.S. federal court system, the publication of court opinions, methods for researching case law, and information about locating records and briefs.

    Instructor: Olivia Kane-Cruz. Olivia Kane-Cruz is a legal reference librarian at the Law Library of Congress. Olivia holds a B.A. in political science from Humboldt State University (Cal Poly Humboldt), a J.D. and a master’s of environmental law and policy from Vermont Law School, and an M.L.I.S. from the University of Washington.

    Register here. 


    An Introduction to Congress.gov Webinar

    Date: Thursday, June 12, 2025, 2:00 p.m. – 3:00 p.m. EDT

    Content: This orientation is designed to give a basic overview of Congress.gov. While the focus of the session will be searching legislation and the congressional member information attached to the legislation, the new features of Congress.gov will also be highlighted.

    Instructors: Barbara Bavis and Robert Brammer. Barbara is the bibliographic and research instruction librarian at the Law Library. She holds a B.A. in history from Duke University, a J.D. from the University of North Carolina School of Law, and a Master of Science in library and information science specializing in law librarianship from Catholic University. Robert is the chief of the Law Library’s Office of External Relations. He holds a B.A. in political science from the University of Kentucky, a J.D. from Wayne State University, and a Master of Library Science from Florida State University.

    Register here.


    To learn about other upcoming classes on domestic and foreign law topics, visit the Legal Research Institute. Please request ADA accommodations at least five business days in advance by contacting (202) 707-6362 or [email protected].

    Subscribe to In Custodia Legis – it’s free! – to receive interesting posts drawn from the Law Library of Congress’s vast collections and our staff’s expertise in U.S., foreign, and international law.

    MIL OSI USA News –

    May 21, 2025
  • MIL-OSI USA: Refining industry risks from 2025 hurricane season

    Source: US Energy Information Administration

    In-depth analysis

    May 20, 2025


    Colorado State University’s hurricane forecast estimates the 2025 hurricane season will exceed the 1991–2020 average, with an estimate of 17 named storms, compared with a historical average of 14 storms. Meteorologists expect 13–18 named storms, including 3–6 storms with direct impacts on the United States, during this year’s Atlantic hurricane season, according to reports from AccuWeather in April.

    The potential for a stronger hurricane season suggests heightened risk for weather-related production outages in the U.S. oil industry, including potential refinery outages along the U.S. Gulf Coast. Last year, five hurricanes made landfall in the United States, shutting in some upstream crude oil and natural gas production temporarily and disrupting petroleum product supply chains in Florida.

    What is hurricane season?

    The National Oceanic and Atmospheric Administration’s (NOAA) National Hurricane Center defines the Atlantic hurricane season as running from June 1 through November 30. Generally, June is the month when the earliest named storms begin forming in the Atlantic Basin, and the most severe hurricanes usually form in August and early September. In the United States, hurricanes most often hit the Southeast (PADD 1C) and the U.S. Gulf Coast (PADD 3).

    How do hurricanes affect petroleum refining?

    The U.S. Gulf Coast accounts for 55% of total U.S. refining capacity, with the Texas Gulf Coast and Louisiana Gulf Coast refining regions combined accounting for 49% of total U.S. refinery capacity. These facilities risk flooding or power outages associated with major storms or hurricanes. Many refinery operators will evacuate nonessential personnel and temporarily stop production if they believe severe weather might injure employees or damage their facilities.

    Refineries that sustain major damage or flooding may be taken offline for longer periods. In 2021, Phillips 66’s Alliance refinery in Belle Chase, Louisiana, permanently closed and was transitioned into a storage terminal following significant storm damage.

    What determines the scale of a weather-related impact on markets?

    A storm’s location is the main determining factor of its impact on petroleum markets, followed by the storm’s intensity. An intense storm that affects a region without refining capacity is unlikely to significantly affect overall U.S. refined petroleum supplies.

    Hurricanes can affect local logistics, distribution, and consumption in any affected area. In regions facing an impending major hurricane or other emergency, consumer behavior can also lead to regionalized price increases, local supply shortfalls, panic-buying, and spikes in fuel demand for evacuation purposes.

    Hurricanes can also disrupt supply chains for petroleum products. Fuel supplies in Florida are primarily shipped on barges from Gulf Coast refineries, such as those in Texas and Louisiana. Hurricanes and tropical storms can lead to disruptions in these transfers. Retail stations in other regions can also be affected by logistical disruptions or power outages, which occurred in 2012 during Hurricane Sandy.

    How much refinery capacity is at risk from hurricanes?

    The path of a single hurricane or major storm is unlikely to affect more than a single cluster of refineries along the Gulf Coast. However, because of the total volume of refining capacity in each region, more than 1.0 million barrels per day of capacity could be temporarily taken offline in anticipation of a major storm.

    Hurricanes don’t often hinder refining operations in the mid-Atlantic (PADD 1B) region, although what is now the largest refinery on the East Coast—the Bayway refinery in New Jersey operated by Phillips 66—was affected by Hurricane Sandy in 2012. Similar incidents or storms that limit imports into New York Harbor also present a potential risk to U.S. petroleum supplies.

    More information on energy infrastructure and potential storm risks is available in our U.S. Energy Atlas.

    Principal contributor: Kevin Hack

    MIL OSI USA News –

    May 21, 2025
  • MIL-OSI: Thrive Launches Compliance Center Offering Unrivaled Expertise

    Source: GlobeNewswire (MIL-OSI)

    BOSTON, May 20, 2025 (GLOBE NEWSWIRE) — Thrive, a global technology outsourcing provider for cybersecurity, Cloud, and IT managed services, today announced its new Compliance Center. The Compliance Center provides mid-market businesses and public sector organizations with valuable content that aligns with industry-specific needs and international regulations, delivering comprehensive support for diverse industries.

    As technology continues to advance, global regulatory expansion continues to advance protections around personal data from cyberattacks or other misuse. With new and evolving standards appearing on the international stage, such as DORA, the EU AI Act, and data privacy laws that differ region to region, maintaining compliance and seamless operations is becoming increasingly complex. With streamlined, compliance-friendly processes and technology in place, mid-market businesses and public sector organizations can focus on growth and innovation. Thrive’s tailored, scalable solutions align with industry-specific needs and international regulations.

    “Whether it’s industry-specific or government-enforced, organizations are facing stricter and ever-changing regulations to ensure they are protecting their users’ data,” said Bill McLaughlin, CEO of Thrive. “Thrive empowers mid-market organizations across the globe to meet regulatory requirements, improve operations, and achieve business goals. By leveraging robust guidelines, best practices, and automation, Thrive optimizes security and mitigates potential fines.”

    Thrive currently supports organizations across various industries – including financial services, healthcare, and government operations – that want to maintain compliance in the United States, the United Kingdom, and Canada. Thrive services can effectively help modernize IT infrastructure, managing risk in data protection, business continuity planning, strategic consulting, vCISO services, and secure Cloud operations.

    The Compliance Center builds on Thrive’s teams of subject matter experts, including supporting organizations with DORA regulations, CMMC, CJIS, and more. Thrive experts are also trained to address specific regulatory requirements and policy areas, including HIPAA and SEC. For more information on our newest service, Cyber Essentials (CE) and Cyber Essentials Plus (CE+) consulting, auditing, and certification, see here. To learn more about these offerings, visit Thrive’s website here.

    About Thrive

    Thrive delivers global technology outsourcing for cybersecurity, Cloud, networking, and other complex IT requirements. Thrive’s NextGen platform enables customers to increase business efficiencies through standardization, scalability, and automation, delivering oversized technology returns on investment (ROI). They accomplish this with advisory services, vCISO, vCIO, consulting, project implementation, solution architects, and a best-in-class subscription-based technology platform. Thrive delivers exceptional high-touch service through its POD approach of subject matter experts and global 24x7x365 SOC, NOC, and centralized services teams. Learn more at www.thrivenextgen.com or follow us on LinkedIn.

    Contacts

    Hannah Johnston

    thrive@v2comms.com

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Best No Deposit Casino Bonus USA 2025 | Best Crypto Casino No Deposit – SuperSlots

    Source: GlobeNewswire (MIL-OSI)

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    Frequently Asked Questions

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    Media Contact:

    Project name : Superslots

    Address – 47 W 13th St, New York, NY 10011, USA
    Company Website: https://superslots-ag.com/
    Email: support@superslots-ag.com
    Phone: (08) 8326 3976
    Contact person name: Ryan
    contact person email: ryan@superslots-ag.com

    Disclaimer
    This information is for general and entertainment purposes only—not legal, financial, or gambling advice. Always verify details and follow your local laws. Gambling carries risks; wager responsibly and only what you can afford to lose, and seek help if you feel out of control. Some links may be affiliate links at no extra cost to you, and will may be unavailable or restricted in certain regions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0389af05-bcb1-4d56-8a7c-36039fe63aaf

    The MIL Network –

    May 21, 2025
  • MIL-OSI: SuperSlots Casino : Best Online Casino Bonus In USA 2025

    Source: GlobeNewswire (MIL-OSI)

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    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c26e48bc-821f-438f-aa39-5fbf0515b6a7

    The MIL Network –

    May 21, 2025
  • MIL-OSI Video: Secretary Rubio testifies before the Senate Committee on Foreign Relations – 10:00AM

    Source: United States of America – Department of State (video statements)

    Secretary of State Marco A. Rubio testifies before the Senate Committee on Foreign Relations on the FY26 Department of State Budget Request on Capitol Hill, on May 20, 2025.

    ———-
    Under the leadership of the President and Secretary of State, the U.S. Department of State leads America’s foreign policy through diplomacy, advocacy, and assistance by advancing the interests of the American people, their safety and economic prosperity. On behalf of the American people we promote and demonstrate democratic values and advance a free, peaceful, and prosperous world.

    The Secretary of State, appointed by the President with the advice and consent of the Senate, is the President’s chief foreign affairs adviser. The Secretary carries out the President’s foreign policies through the State Department, which includes the Foreign Service, Civil Service and U.S. Agency for International Development.

    Get updates from the U.S. Department of State at www.state.gov and on social media!
    Facebook: https://www.facebook.com/statedept
    X: https://x.com/StateDept
    Instagram: https://www.instagram.com/statedept
    Flickr: https://flickr.com/photos/statephotos/
    Rumble: https://rumble.com/c/StateDept
    Substack: https://statedept.substack.com

    Watch on-demand State Department videos: https://video.state.gov/
    Subscribe to The Week at State e-newsletter: https://public.govdelivery.com/accounts/USSTATEBPA/signup/32562

    State Department website: https://www.state.gov/
    Careers website: https://careers.state.gov/
    White House website: https://www.whitehouse.gov/
    Terms of Use: https://state.gov/tou

    #StateDepartment #DepartmentofState #Diplomacy

    https://www.youtube.com/watch?v=k844KDEd34Q

    MIL OSI Video –

    May 21, 2025
  • MIL-OSI: Cyabra Report Uncovers Coordinated Disinformation Campaign Targeting Portugal’s 2025 Elections, Featured on CNN

    Source: GlobeNewswire (MIL-OSI)

    Cyabra has entered into a business combination agreement with Trailblazer Merger Corp. (TBMC)

    New York, NY, May 20, 2025 (GLOBE NEWSWIRE) —  Cyabra Strategy Ltd. (“Cyabra”), a leading AI platform for real-time disinformation detection, has released a new investigation into coordinated manipulation campaigns aimed at swaying public opinion in the weeks ahead of Portugal’s general election. The findings, based on a comprehensive analysis of social media activity between April 14 and May 14, expose how fake profiles and bot networks are reshaping Portugal’s political discourse and voter sentiment in real time.

    Cyabra’s report – “Fake Voices, Real Votes” – has been widely featured by CNN Portugal in a series of articles highlighting how inauthentic profiles attempted to hijack online conversations to boost the far-right Chega party while discrediting its rivals:

    Exclusive: 58% of Chega’s support on X is fake, new investigation shows
    Cyabra: This was the company that discovered the existence of fake Chega profiles that spread misinformation on social media

    “What’s happening in Portugal is a masterclass in modern influence operations,” said Dan Brahmy, CEO & Co-founder of Cyabra. “This is a deliberate, strategic campaign to undermine democratic institutions, sway public opinion, and manipulate voters during a critical election. We’re proud that CNN is helping shine a light on these threats.”

    Key Findings from the Report:

    • 58% of the accounts commenting on Chega’s official X account were fake, creating the illusion of overwhelming public support.
    • 49% of profiles commenting on posts from the Socialist (PS) and Social Democratic (PSD) parties were also fake, launching coordinated attacks against opposition leaders while promoting Chega in the same threads.
    • Fake profiles amplified false narratives about Socialist leader Pedro Nuno Santos and malicious attacks on PSD’s Luís Montenegro, spreading conspiracy theories, economic discontent, and anti-immigration rhetoric.
    • Many fake accounts engaged in cross-campaign promotion, simultaneously attacking rival parties and praising Chega—further evidence of a coordinated effort.

    This is the latest in Cyabra’s global work supporting election protection. In 2024 alone – the biggest election year in history – Cyabra supported 19 democracies to monitor and safeguard their elections.

    Cyabra has entered into a business combination agreement with Trailblazer Merger Corporation I (NASDAQ: TBMC), a blank-check special-purpose acquisition company.

    Cyabra partnered with Global Vector Group.

    About Cyabra
    Cyabra is a real-time AI-powered platform that uncovers and analyzes online disinformation and misinformation by uncovering fake profiles, harmful narratives, and GenAI content across social media and digital news channels. Cyabra’s AI solutions protect corporations and governments against brand reputation risks, election manipulation, foreign interference, and other online threats. Cyabra’s platform leverages proprietary algorithms and NLP solutions, gathering and analyzing publicly available data to provide clear, actionable insights and real-time alerts that inform critical decision-making. Cyabra uncovers the good, bad, and fake online.

    For more information, visit www.cyabra.com.

    Media Contact:
    Jill Burkes
    Jill@cyabra.com
    Signal Contact: Jillabra.24

    Investor Relations Contact:
    Miri Segal
    MS-IR
    msegal@ms-ir.com 

    About Trailblazer
    Trailblazer is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses or entities. For more information, visit: www.trailblazermergercorp.com

    Forward-Looking Statements
    This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to certain products and services that are the subject of a proposed transaction (the “Business Combination”) between Trailblazer and Cyabra. All statements other than statements of historical facts contained in this press release, including statements regarding Cyabra’s business strategy, products and services, research and development costs, plans and objectives of management for future operations, and future results of current and anticipated product offerings, are forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, the following risks relating to the proposed transaction: the ability to complete the Business Combination or, if Trailblazer does not consummate such Business Combination, any other

    initial business combination; expectations regarding Cyabra’s strategies and future financial performance, including its future business plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and Cyabra’s ability to invest in growth initiatives and pursue acquisition opportunities; the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement; the outcome of any legal proceedings that may be instituted against Trailblazer or Cyabra following announcement of the Business Combination Agreement and the transactions contemplated therein; the inability to complete the proposed Business Combination due to, among other things, the failure to obtain Trailblazer stockholder approval; the risk that the announcement and consummation of the proposed Business Combination disrupts Cyabra’s current operations and future plans; the ability to recognize the anticipated benefits of the proposed Business Combination; unexpected costs related to the proposed Business Combination; the amount of any redemptions by existing holders of Trailblazer’s common stock being greater than expected; limited liquidity and trading of Trailblazer’s securities; geopolitical risk and changes in applicable laws or regulations; the size of the addressable markets for Cyabra’s products and services; the possibility that Trailblazer and/or Cyabra may be adversely affected by other economic, business, and/or competitive factors; the ability to obtain and/or maintain the listing of the combined company’s common stock on Nasdaq following the Business Combination; operational risk; and the risks that the consummation of the proposed Business Combination is substantially delayed or does not occur.

    Important Information for Investors and Stockholders
    In connection with the Business Combination, Trailblazer Holdings, Inc., a subsidiary of Trailblazer (“Holdings”) has filed a registration statement on Form S-4 (the “Registration Statement”) with the United States Securities and Exchange Commission (the “SEC”), which includes a preliminary proxy statement/prospectus, and certain other related documents, which will be both the proxy statement to be distributed to holders of shares of Trailblazer’s common stock in connection with its solicitation of proxies for the vote by its stockholders with respect to the Business Combination and other matters as may be described in the Registration Statement, as well as the prospectus of Holdings relating to the offer and sale of its securities to be issued in the Business Combination. . After the Registration Statement is declared effective, the proxy statement/prospectus will be sent to all Trailblazer stockholders so that they may vote on the Business Combination.

    INVESTORS AND STOCKHOLDERS OF TRAILBLAZER ARE URGED TO READ CAREFULLY THE REGISTRATION STATEMENT, PROXY STATEMENT/PROSPECTUS, AND OTHER RELEVANT DOCUMENTS FILED OR TO BE FILED WITH THE SEC WHEN THEY BECOME AVAILABLE, AS THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT THE BUSINESS COMBINATION AND THE PARTIES INVOLVED.

    Trailblazer stockholders are currently able to obtain copies of the preliminary proxy

    statement/prospectus and other documents filed with the SEC that are incorporated by reference therein, and will be able to obtain the definitive proxy statement/prospectus and other documents filed with the SEC that will be incorporated by reference therein, once available, in all cases without charge, at the SEC’s web site at www.sec.gov, or by directing a request to: Trailblazer at 510 Madison Avenue, Suite 1401, New York, NY 10022, Telephone: 646-747-9618.

    Participants in the Solicitation
    Cyabra, Trailblazer, and their respective directors and executive officers may be deemed participants in the solicitation of proxies from Trailblazer stockholders regarding the proposed Business Combination. Information about Trailblazer’s directors and executive officers and their ownership of Trailblazer’s securities is set forth in the proxy statement/prospectus pertaining to the proposed Business Combination.

    No Offer or Solicitation
    This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities, or a solicitation of any vote or approval. No sale of securities shall occur in any jurisdiction in which such offer, solicitation, or sale would be unlawful before registration or qualification under applicable laws.

    The MIL Network –

    May 21, 2025
  • MIL-OSI Global: Ancient pollen reveals stories about Earth’s history, from the asteroid strike that killed the dinosaurs to the Mayan collapse

    Source: The Conversation – USA – By Francisca Oboh Ikuenobe, Professor of Geology and Geophysics, Missouri University of Science and Technology

    An electron microscope image, colorized, shows different structures of pollen grains, including sunflower, morning glory and primrose. Dartmouth Electron Microscope Facility

    If you are sneezing this spring, you are not alone. Every year, plants release billions of pollen grains into the air, specks of male reproductive material that many of us notice only when we get watery eyes and runny noses.

    However, pollen grains are far more than allergens – they are nature’s time capsules, preserving clues about Earth’s past environments for millions of years.

    Pollen’s tough outer shell enables it to survive long after its parent plants have disappeared. When pollen grains become trapped in sediments at the bottom of lakes, oceans and riverbeds, fossil pollen can provide scientists with a unique history of the environments those pollen-producing plants were born into. They can tell us about the vegetation, climate and even human activity through time.

    Fossil pollen grains of Carya (hickory) have been found in southeastern Missouri that are millions of years old.
    Francisca Oboh Ikuenobe

    The types of pollen and the quantities of pollen grains found at a site help researchers reconstruct ancient forests, track sea-level changes and identify the fingerprints of significant events, such as asteroid impacts or civilizations collapsing.

    As palynologists, we study these ancient pollen fossils around the world. Here are a few examples of what we can learn from these microscopic pollen grains.

    Missouri: Pollen and the asteroid

    When an asteroid struck Earth some 66 million years ago, the one blamed for wiping out the dinosaurs, it is believed to have sent a tidal wave crashing onto North America.

    Marine fossils and rock fragments found in southeastern Missouri appear to have been deposited there by a massive wave generated by the asteroid hitting what is now Mexico’s Yucatan Peninsula.

    Among the rocks and marine fossils, scientists have found fossilized pollen from the Late Cretaceous and Early Paleocene periods that reflects changes in the surrounding ecosystems. The pollen reveals how ecosystems were instantly disrupted at the time of the asteroid, before gradually rebounding over hundreds to thousands of years.

    A University of Michigan-led study using data from the Chicxulub asteroid impact crater modeled how far the resulting tsunami likely would have reached. Ancient pollen grains and marine fossils found in southeastern Missouri and analyzed by scientists at the Missouri University of Science and Technology offer hard evidence of the flooding.
    Molly M. Range, et al., 2022, CC BY

    Pollen from gymnosperms, such as pines, as well as ferns and flowering plants, such as grasses, herbs and palm trees, all record a clear pattern: Some forest pollen disappeared after the impact, suggesting that the regions’ vegetation changed. Then the pollen slowly began to reemerge as the environment stabilized.

    US Gulf Coast: Sequoia pollen and sea-level rise

    Fossilized pollen grains have also helped scientists trace slower but equally dramatic changes along the eastern Gulf Coast states of Mississippi and Alabama.

    During the Early Oligocene, around 33.9 to 28 million years ago, sea levels rose and flooded low-lying conifer forests in the region. Researchers identified a distinct change in pollen released by Sequoia-type trees, giant conifers that once dominated the coastal plains.

    Scientists have been able to use those pollen records to reconstruct how far the shoreline moved inland by tracking the proportion of pollen grains in the geologic record to the rise of marine microfossils.

    The evidence shows how the sea flooded land ecosystems hundreds of miles from today’s coast. Pollen is a biological marker and geographic tracer of this ancient change.

    Western Australia: From swamp to salinity

    In Western Australia, sediment cores from the beds of Lake Aerodrome, Gastropod Lake and Prado Lake reveal how long-term drying can change the ecology of a region.

    During the Eocene, a period from about 55.8 million to 33.9 million years ago, lush swamp forests surrounded freshwater lakes there. That’s reflected by abundant pollen from tropical trees and moisture-loving shrubs and fern spores at that time. However, vegetation changed dramatically as the Australian tectonic plate drifted northward and the climate became more arid.

    The upper layers of the sediment cores, which capture more recent times, contain pollen mostly from wind-pollinated, salt- and drought-tolerant plants – evidence of shifting vegetation under growing environmental stress.

    Magnified images of fossil pollen studied in Australia. Clockwise from upper left, they are pollen from acacia, aglaonema and eucalyptus.
    Francisca Oboh-Ikuenobe

    The presence of Dunaliella, a green alga that thrives in very salty water, alongside sparse pollen from plants that could survive dry environments, confirms that lakes that once supported forests became highly saline.

    Guatemala: Maya history and forest recovery

    Closer to the tropics, Lake Izabal in Guatemala offers a more recent archive spanning the past 1,300 years. This sediment record reflects both natural climate variation and the profound impact of human land use, especially during the rise and fall of the Maya civilization.

    Around 1,125 to 1,200 years ago, pollen from crops such as maize and opportunistic herbs surged, at the same time tree pollen dropped, reflecting widespread deforestation. Historical records show political centers in the region collapsed not long afterward.

    Quiriguá was an ancient Mayan city near Lake Izabal, where pollen studies show the rise in deforestation and the recovery. Quiriguá began to decline in the ninth century and was eventually abandoned.
    Daniel Mennerich/Flickr, CC BY-SA

    Only after population pressure eased did the forest begin to recover. Pollen from hardwood tropical trees increased, indicating vegetation rebounded even as rainfall declined during the Little Ice Age between the 14th and mid-19th centuries.

    The fossil pollen shows how ancient societies transformed their landscapes, and how ecosystems responded, providing more evidence and explanations for other historical accounts.

    Modern pollen tells a story, too

    These studies relied on analyzing fossil pollen grains based on their shapes, surface features and wall structures. By counting grains – hundreds to thousands per sample – scientists can statistically build pictures of ancient vegetation, the species present, their abundances, and how the composition of each shifted with the climate, sea-level changes or human activity.

    This is why modern pollen also tells a story. As today’s climate warms, the behavior of pollen-producing plants is changing. In temperate regions such as the U.S., pollen seasons start earlier and last longer due to warming temperatures and rising carbon dioxide in the atmosphere from vehicles, factories and other human activities.

    All of that is being recorded in the fossil pollen record in the sediment layers at the bottoms of lakes around the world.

    So, the next time you suffer from allergies, remember that the tiny grains floating in the air are biological time capsules that may one day tell future inhabitants about Earth’s environmental changes.

    Francisca Oboh Ikuenobe receives funding from the National Science Foundation, American Chemical Society-Petroleum Research Fund, and International Continental Scientific Drilling Program. She is affiliated with the American Association for the Advancement of Science, American Geophysical Union Geological Society of America, American Association of Petroleum Geologists, Association for Women Geoscientists, Geological Society of Nigeria, AASP – The Palynological Society, SEPM – Society for Sedimentary Geology, and The Paleontological Society.

    Linus Victor Anyanna receives research support from the National Science Foundation. He is a member of the Geological Society of America, AASP-The Palynological Society, the American Association of Petroleum Geologists, and the Geological Society of Nigeria.

    – ref. Ancient pollen reveals stories about Earth’s history, from the asteroid strike that killed the dinosaurs to the Mayan collapse – https://theconversation.com/ancient-pollen-reveals-stories-about-earths-history-from-the-asteroid-strike-that-killed-the-dinosaurs-to-the-mayan-collapse-254190

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI Global: An 18th-century rebellion for liberty, equality and freedom − not in France or the United States, but Ireland

    Source: The Conversation – USA – By Joseph Patrick Kelly, Professor of Literature and Director of Irish and Irish American Studies, College of Charleston

    A sculpture in Wexford, Ireland, by Eamonn O’Doherty, called ‘Fuascailt,’ commemorates the 1798 rebellion. Niall Carson/PA Images via Getty Images

    Shortly before midnight on May 23, 1798, highwaymen just north of Dublin intercepted and set on fire a mail coach headed to Belfast.

    It was the signal meant to ignite revolution across all Ireland.

    At the time, Ireland was a kingdom within the state of Great Britain. The island’s three religious factions had long been divided. Families who belonged to the Anglican Church of Ireland made up the aristocratic landlords and colonial administrators. Presbyterians, concentrated in the north, boasted a robust middle class. But as “dissenters” from the Anglican church, they were second-class citizens.

    And most of the remaining 80% of the population, the “native” Catholics, were near-destitute farmers. For more than a hundred years, they had lived under debilitating penal laws meant to keep Catholics out of economic and political power.

    Portrait of Lord Edward Fitzgerald, painted by Hugh Douglas Hamilton.
    Gallery of the Masters via Wikimedia Commons

    A new organization, the Society of United Irishmen, was established in the early 1890s in Belfast, and chapters quickly spread to Dublin and across the country. Anyone could join, so long as they dreamed of making Ireland a republic, like the United States and France, where the people had dispensed with the monarch and ruled themselves.

    Catholics and Presbyterians flocked to the cause, and even a few Anglicans joined up. The handsome and charismatic Lord Edward Fitzgerald, an Anglican son of a duke, renounced his title and commanded the society’s militia.

    By 1798, a quarter of a million men, many armed with long-handled, iron-tipped pikes, awaited the summons.

    It was the last time Catholics and Presbyterians in Ireland would unite under one banner in a really meaningful way until 1998, when a majority of both factions signed on to the Good Friday Agreement.

    As an Irish studies scholar, I’d argue the nationalist movement was symbolized best by revolutionary Theobald Wolfe Tone, whose father was an Anglican tradesman and whose mother was born and raised a Catholic.

    “I am a Protestant,” Tone wrote in his most famous political pamphlet, but also “a lover of justice and a steady detester of tyranny.”

    Enlightenment ideals

    Ever since King Henry VIII severed his nation’s ties to Roman Catholicism in the 16th century, Irish Catholics had suffered for their faith. Their lands were confiscated. They couldn’t bear arms. They couldn’t run schools or build churches. Though the worst of these laws had been reformed by the end of the 18th century and a small Catholic middle class was emerging, they were still barred from political office.

    Inspired by the American and French revolutions, the United Irishmen wanted a secular republic that separated church from state. They professed the Enlightenment principles of equality, liberty and government by the people – and thought citizens had a duty to abolish any government destructive of their rights.

    Their creed was a secular catechism, often expressed in the form of a question-and-answer text:

    What is in your hand? It is a branch.
    Of what? Of the Tree of Liberty
    Where did it first grow? In America.
    Where did it bloom? In France.
    Where did the seeds fall? In Ireland.

    Transcending sectarian differences, these Irish patriots took green as the color of their national flag. Upon this field they imposed an ancient symbol of Ireland, the harp.

    The rebellion

    The English began to suspect a revolt, and in 1787 they decided to strike first, unleashing a brutal crackdown. Redcoats “dragooned” the country, ransacking and burning homes, and flogging and summarily executing suspects.

    The Irish still sing about it today in the ballad “The Wearing of the Green”:

    I met with Napper Tandy and he took me by the hand,
    He said, “How’s dear old Ireland and how does she stand?”
    “She’s the most distressful country that you have ever seen,

    They’re hanging men and women for the wearing of the green.”

    Young Wolfe Tones singing ‘The Wearing of the Green.’

    Most of the United Irishmen’s leaders, including Fitzgerald, were arrested or killed in the dragnet. As a result, when the signal finally came, the flaming mail coach proved a fizzle rather than a rocket.

    Like guttering candles, the rebellion spent itself in uncoordinated risings at different times in different parts of the country. Help from France, which was then at war with Great Britain, came too little and too late. By October, Ireland’s revolution had been brutally suppressed.

    Historical memory

    Even before the conflict was over, aristocratic Anglican writers such as Sir Richard Musgrave spun the rebellion as an uprising of disgruntled Catholics. Reprisal killings, like rebels’ massacre of government supporters in County Wexford, helped them portray the rebellion as a religious war: Catholics against Protestants.

    Cynical English policies further dissolved the Presbyterian-Catholic alliance. An “Act of Union” in 1800 rewarded Irish Presbyterians with full citizenship – not in an Irish republic, but in the Protestant, monarchical state of Great Britain.

    Catholics, still oppressed and impoverished, had yet to face their most difficult trial: An Gorta Mor, the potato famine of the 1840s. About a million people, nearly all of them Catholic, died of starvation or disease, and another 2 million emigrated. Ireland’s population was reduced by a third.

    Because Irish nationalism became synonymous with Catholic liberation, it was mostly Catholics who celebrated the memory of the United Irishmen. The “Fenians,” a nationalist brotherhood who fought for Irish independence in the 1860s, used the United Irishmen for inspiration. Their famous ballad “The Rising of the Moon” laments, “What glorious pride and sorrow/ Fill the name of Ninety-Eight!”

    A memorial in County Wicklow to mark the 200th anniversary of the 1798 United Irishmen rebellion.
    Hugh Rooney/Eye Ubiquitous/Universal Images Group via Getty Images

    Religious states

    On Easter Monday 1916, Irish republicans rose up again in Dublin, beginning the revolution that would lead, finally, to Irish independence. One portion of their forces, the Citizen Army, raised the old United Irishmen’s banner above their headquarters in Dublin, Liberty Hall.

    But when the Irish got their “Free State,” they did not build the kind of secular republic envisioned by the United Irishmen. The new country was a decidedly Catholic nation.

    The nation’s new flag, the Irish tricolor, included green for Catholics, orange for Protestants and white to represent peace between them. But it was a largely empty gesture. Today only about 4% of the population of the Republic of Ireland identify as Protestant, while another 15% say they have no religion.

    A parade in Dublin in 1948 commemorates the 150th anniversary of the 1798 rebellion.
    Independent News And Media/Hulton Archive via Getty Images

    That’s mostly because in 1922 the British carved out an enclave of six northern counties where most of the Presbyterians and many Anglicans lived. This political entity, “Northern Ireland,” stayed united to England. Protestants outnumbered Catholics 2-to-1, and the minority faced widespread discrimination.

    Inspired by Martin Luther King Jr., Catholics in Northern Ireland began a campaign for equal rights in 1968. But when their acts of civil disobedience were met with violence, peaceful protest devolved into “the Troubles,” a guerrilla war to get the British out.

    Making peace

    A ceasefire was called in 1994, not long before the bicentennial of Ireland’s 1798 rebellion.

    To coincide with the anniversary, historian Kevin Whelan published an influential book, “The Tree of Liberty,” which emphasized the 1798 rebellion’s Enlightenment foundation. Catholics and Protestants together, Whelan argued, had fought to construct a secular nation based on equal rights.

    In 1998, people all over the country commemorated the rebellion, though the sectarian divisions and the violence of the Troubles loomed large.

    Almost exactly 200 years after the United Irishmen rose up, the people of Northern Ireland and the Republic of Ireland voted in favor of the Good Friday Agreement of 1998. Though Northern Ireland remains part of the United Kingdom today, the treaty secured the main goal of the 1798 rebellion: equal rights and self-determination for all citizens, no matter their religion.

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

    – ref. An 18th-century rebellion for liberty, equality and freedom − not in France or the United States, but Ireland – https://theconversation.com/an-18th-century-rebellion-for-liberty-equality-and-freedom-not-in-france-or-the-united-states-but-ireland-249817

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI Global: Teens of any age who drink alcohol with their parents’ permission drink more as young adults, new research shows

    Source: The Conversation – USA – By Bernard Pereda, Doctoral Student in Psychoolgy, University at Buffalo

    Parents play an important role in teaching their children about alcohol. StockPlanets/E+ via Getty Images

    Children and teenagers of any age who sip or taste alcohol with their parents’ permission are more likely to engage in risky drinking in young adulthood. That was the finding of a new study my colleagues and I published in the journal Addictive Behaviors.

    In the study, we examined questionnaires filled out annually between 2009 and 2018 by 387 adolescents starting at age 11 and an accompanying parent. Topics included history of child and parent alcohol use, beliefs about alcohol and rules about alcohol in the home. The questionnaires also asked adolescents if they ever drank alcohol with their parents’ permission, even just a few sips – and if yes, at what age they first did so.

    We analyzed whether drinking alcohol with parental permission during adolescence predicted alcohol outcomes in young adulthood, at ages 18 to 20. These outcomes included how often and how much they drank, alcohol use disorder symptoms and negative consequences such as self-injury and regretting things said while drinking.

    Then, we looked at whether the age at which this practice began affected likelihood of risky drinking. In our analysis, we also accounted for factors such as peer alcohol use, parental alcohol use and personality.

    In our sample, drinking with parental permission began anywhere from age 5 to age 17, but typically started around age 12. We found that about 80% of the adolescents responded that they had drunk alcohol with parental permission. That number is higher than in some other studies, most likely because our study had a wide age range. Research exploring this topic generally focuses on younger adolescents, who are less likely to be allowed to try alcohol by their parents, but this practice becomes more common as adolescents get older.

    We found that adolescents were more likely in young adulthood to drink more often and in greater amounts in families that allowed this practice compared with those that did not. The risk of experiencing symptoms of alcohol use disorder and negative consequences from drinking in young adulthood was also higher. Importantly, the age at which drinking with parents’ permission began did not change this effect.

    Alcohol slows down the brain by affecting brain chemicals called neurotransmitters.

    Why it matters

    Parents play a critical role in teaching their children about alcohol. The family is often the first context in which children are introduced to alcohol, either by trying it themselves or by observing others drinking. In the U.S., studies suggest that 30% to 40% of children under age 13 try alcohol with parental permission.

    Many parents view this as a protective strategy, believing that it reduces curiosity about alcohol and provides an opportunity to supervise safe drinking. Yet studies from several research groups have found that parents providing alcohol, even just sips or tastes, actually increases rather than decreases future drinking.

    Our study is the first to explore whether the age that trying alcohol with parental permission makes a difference for increased potential of later alcohol use. Overall, the findings can inform public health messages explaining the risks of allowing adolescents to try alcohol at any age.

    Why might parental permission to sip or taste alcohol increase risk? Some scientists have speculated that it may promote the belief that parents approve of underage drinking and shift children’s attitudes and beliefs to be more pro-alcohol.

    Ongoing and still unpublished work in our lab supports this. Namely, it strengthens their beliefs in the potential positive outcomes of drinking, such as making parties more fun, and weakens their beliefs in the potential negative outcomes, such as getting in trouble.

    What still isn’t known

    Future studies can shed light on whether regularly sipping and tasting alcohol in adolescence is more risky than doing it just once or twice.

    Additionally, how harmful the practice is may depend on adolescents’ personalities as well as the context in which parents allow it. For example, it may be particularly harmful for children who are inclined to seek out novel and exciting experiences. On the other hand, in highly structured settings such as religious events, it may be less risky.

    The Research Brief is a short take on interesting academic work.

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

    – ref. Teens of any age who drink alcohol with their parents’ permission drink more as young adults, new research shows – https://theconversation.com/teens-of-any-age-who-drink-alcohol-with-their-parents-permission-drink-more-as-young-adults-new-research-shows-254789

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI Global: How 3D printing is personalizing health care

    Source: The Conversation – USA – By Anne Schmitz, Associate Professor of Engineering, University of Wisconsin-Stout

    A girl, wearing her prosthetic hands, walks to school in Uruguay. AP Photo/Matilde Campodonico

    Three-dimensional printing is transforming medical care, letting the health care field shift from mass-produced solutions to customized treatments tailored to each patient’s needs. For instance, researchers are developing 3D-printed prosthetic hands specifically designed for children, made with lightweight materials and adaptable control systems.

    These continuing advancements in 3D-printed prosthetics demonstrate their increasing affordability and accessibility. Success stories like this one in personalized prosthetics highlight the benefits of 3D printing, in which a model of an object produced with computer-aided design software is transferred to a 3D printer and constructed layer by layer.

    We are a biomedical engineer and chemist who work with 3D printing. We study how this rapidly evolving technology provides new options not just for prosthetics but for implants, surgical planning, drug manufacturing and other health care needs. The ability of 3D printing to make precisely shaped objects in a wide range of materials has led to, for example, custom replacement joints and custom-dosage, multidrug pills.

    Better body parts

    Three-dimensional printing in health care started in the 1980s with scientists using technologies such as stereolithography to create prototypes layer by layer. Stereolithography uses a computer-controlled laser beam to solidify a liquid material into specific 3D shapes. The medical field quickly saw the potential of this technology to create implants and prosthetics designed specifically for each patient.

    One of the first applications was creating tissue scaffolds, which are structures that support cell growth. Researchers at Boston Children’s Hospital combined these scaffolds with patients’ own cells to build replacement bladders. The patients remained healthy for years after receiving their implants, demonstrating that 3D-printed structures could become durable body parts.

    As technology progressed, the focus shifted to bioprinting, which uses living cells to create working anatomical structures. In 2013, Organovo created the world’s first 3D-bioprinted liver tissue, opening up exciting possibilities for creating organs and tissues for transplantation. But while significant advances have been made in bioprinting, creating full, functional organs such as livers for transplantation remains experimental. Current research focuses on developing smaller, simpler tissues and refining bioprinting techniques to improve cell viability and functionality. These efforts aim to bridge the gap between laboratory success and clinical application, with the ultimate goal of providing viable organ replacements for patients in need.

    Three-dimensional printing already has revolutionized the creation of prosthetics. It allows prosthetics makers to produce affordable custom-made devices that fit the patient perfectly. They can tailor prosthetic hands and limbs to each individual and easily replace them as a child grows.

    Three-dimensionally printed implants, such as hip replacements and spine implants, offer a more precise fit, which can improve how well they integrate with the body. Traditional implants often come only in standard shapes and sizes.

    Surgeons are able to use 3D printing to make medical implants to fit individual patients.

    Some patients have received custom titanium facial implants after accidents. Others had portions of their skulls replaced with 3D-printed implants.

    Additionally, 3D printing is making significant strides in dentistry. Companies such as Invisalign use 3D printing to create custom-fit aligners for teeth straightening, demonstrating the ability to personalize dental care.

    Scientists are also exploring new materials for 3D printing, such as self-healing bioglass that might replace damaged cartilage. Moreover, researchers are developing 4D printing, which creates objects that can change shape over time, potentially leading to medical devices that can adapt to the body’s needs.

    For example, researchers are working on 3D-printed stents that can respond to changes in blood flow. These stents are designed to expand or contract as needed, reducing the risk of blockage and improving long-term patient outcomes.

    Simulating surgeries

    Three-dimensionally printed anatomical models often help surgeons understand complex cases and improve surgical outcomes. These models, created from medical images such as X-rays and CT scans, allow surgeons to practice procedures before operating.

    For instance, a 3D-printed model of a child’s heart enables surgeons to simulate complex surgeries. This approach can lead to shorter operating times, fewer complications and lower costs.

    Personalized pharmaceuticals

    In the pharmaceutical industry, drugmakers can three-dimensionally print personalized drug dosages and delivery systems. The ability to precisely layer each component of a drug means that they can make medicines with the exact dose needed for each patient. The 3D-printed anti-epileptic drug Spritam was approved by the Food and Drug Administration in 2015 to deliver very high dosages of its active ingredient.

    Drug production systems that use 3D printing are finding homes outside pharmaceutical factories. The drugs potentially can be made and delivered by community pharmacies. Hospitals are starting to use 3D printing to make medicine on-site, allowing for personalized treatment plans based on factors such as the patient’s age and health.

    Three-dimensionally printed pharmaceuticals make it possible to customize the types, doses and release times of drugs.

    However, it’s important to note that regulations for 3D-printed drugs are still being developed. One concern is that postprinting processing may affect the stability of drug ingredients. It’s also important to establish clear guidelines and decide where 3D printing should take place – whether in pharmacies, hospitals or even at home. Additionally, pharmacists will need rigorous training in these new systems.

    Printing for the future

    Despite the extraordinarily rapid progress overall in 3D printing for health care, major challenges and opportunities remain. Among them is the need to develop better ways to ensure the quality and safety of 3D-printed medical products. Affordability and accessibility also remain significant concerns. Long-term safety concerns regarding implant materials, such as potential biocompatibility issues and the release of nanoparticles, require rigorous testing and validation.

    While 3D printing has the potential to reduce manufacturing costs, the initial investment in equipment and materials can be a barrier for many health care providers and patients, especially in underserved communities. Furthermore, the lack of standardized workflows and trained personnel can limit the widespread adoption of 3D printing in clinical settings, hindering access for those who could benefit most.

    On the bright side, artificial intelligence techniques that can effectively leverage vast amounts of highly detailed medical data are likely to prove critical in developing improved 3D-printed medical products. Specifically, AI algorithms can analyze patient-specific data to optimize the design and fabrication of 3D-printed implants and prosthetics. For instance, implant makers can use AI-driven image analysis to create highly accurate 3D models from CT scans and MRIs that they can use to design customized implants.

    Furthermore, machine learning algorithms can predict the long-term performance and potential failure points of 3D-printed prosthetics, allowing prosthetics designers to optimize for improved durability and patient safety.

    Three-dimensional printing continues to break boundaries, including the boundary of the body itself. Researchers at the California Institute of Technology have developed a technique that uses ultrasound to turn a liquid injected into the body into a gel in 3D shapes. The method could be used one day for delivering drugs or replacing tissue.

    Overall, the field is moving quickly toward personalized treatment plans that are closely adapted to each patient’s unique needs and preferences, made possible by the precision and flexibility of 3D printing.

    Daniel Freedman has received funding related to 3D printing from IBM, Braskem and Mediprint and is affiliated with the Stratasys Educational Community Advisory Board.

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

    – ref. How 3D printing is personalizing health care – https://theconversation.com/how-3d-printing-is-personalizing-health-care-249106

    MIL OSI – Global Reports –

    May 21, 2025
  • MIL-OSI USA: ICYMI: Stefanik Joined Mornings with Maria on FBN to Speak About Enacting President Trump’s Agenda, Harvard’s Ties to China, and Joe Biden’s Health Scandal

    Source: United States House of Representatives – Congresswoman Elise Stefanik (21st District of New York)

    ICYMI: Stefanik Joined Mornings with Maria on FBN to Speak About Enacting President Trump’s Agenda, Harvard’s Ties to China, and Joe Biden’s Health Scandal | Press Releases | Congresswoman Elise Stefanik

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    MIL OSI USA News –

    May 21, 2025
  • MIL-OSI USA: SPC – No watches are valid as of Tue May 20 12:13:01 UTC 2025

    Source: US National Oceanic and Atmospheric Administration

    Current Convective Watches (View What is a Watch? clip)Updated:  Tue May 20 12:15:06 UTC 2025 No watches are currently valid

    Archived Convective ProductsTo view convective products for a previous day, type in the date you wish to retrieve (e.g. 20040529 for May 29, 2004). Data available since January 1, 2004.

    MIL OSI USA News –

    May 21, 2025
  • MIL-OSI: Sharc Energy’s Wet System Powers Groundbreaking Sen̓áḵw Energy System

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 20, 2025 (GLOBE NEWSWIRE) — SHARC International Systems Inc. (CSE: SHRC) (FSE: IWIA) (OTCQB: INTWF) (“SHARC Energy” or the “Company”) is proud to announce its Wastewater Energy Transfer (“WET“) system as the core component of Creative Energy’s Sen̓áḵw Energy System, the district energy system, or thermal energy network, that will be supporting the landmark Vancouver based project, Sen̓áḵw—an ambitious undertaking representing the largest real estate development in Canadian First Nations history. The SHARC WET system has been shipped to the project.

    District Energy Systems (“DES”), or Thermal Energy Networks (“TEN”), provide thermal energy to multiple buildings from a central energy plant. Steam or hot water produced at the plant is transmitted 24/7 through highly insulated underground thermal piping networks. Thermal energy is transferred into and from the building’s system through energy transfer stations placed in the building, reducing mechanical room space required for housing equipment and simplifying heating and cooling systems. SHARC Energy enables DES or TENs to leverage wastewater, a forgotten resource, as a low-carbon source of thermal energy to help save energy and reduce carbon emissions on a multiple-building scale.

    “We are extremely pleased to announce our partnership with Creative Energy and the Squamish Nation to participate in the rebirth of the historic village of Senakw located in the heart of Vancouver. We are developing a net- zero district heating and cooling system for Sen̓áḵw, which will contain 11 buildings and over 6,000 rental homes, designed to leverage sewer heat recovery as a low-carbon source of thermal energy by extracting heat from one of Metro Vancouver’s nearby sewer trunk mains. Working with SHARC Energy, we will utilize its WET system as the core component for the Sen̓áḵw Energy System,” says Kieran McConnell, Senior Vice President, Engineering & Innovation, Creative Energy.

    Sen̓áḵw, is being developed by the Squamish Nation’s economic development arm, Nch’ḵay̓ Development Corporation. Once fully completed, it will comprise 11 buildings featuring over 6,000 rental units across more than 3 million square feet of residential floor space. It is set to become Canada’s largest net zero operational carbon purpose-built community.

    Over the next 30 years, the Sen̓áḵw Energy System is projected to reduce carbon emissions by 120,000 tonnes compared to a conventional natural-gas based system. This reduction is equivalent to planting 5.5 Stanley Parks or 165,000 acres of trees. The system will initially provide heating and cooling to each building within the development with the potential for future expansion to accommodate upcoming projects.

    Significantly, this project not only represents the first private development in British Columbia to leverage Metro Vancouver’s Sewage and Waste: Heat Recovery policy, but also marks the first private residential development in Canada to harness an external sewer force main as its primary energy source.

    “District energy systems powered by renewable sources have significant benefits for the community and for the climate,” said Mike Hurley, Chair of the Metro Vancouver Board of Directors. “We’re pleased to provide access to the abundant heat in our sewers for this project and others like it, which will help us achieve regional carbon neutrality by 2050.”

    Currently, there are several WET district energy projects in development in various stages across the lower mainland of British Columbia. Quietly, the Metro Vancouver region is becoming the Wastewater Energy Transfer capital of the world showcasing climate leadership in how other regions globally can leverage a forgotten resource like wastewater to significantly decarbonize heating and gain natural resources like fresh water used in cooling towers. As highlighted in a recent Wall Street Journal article featuring several SHARC WET projects, awareness and education around the untapped reservoir of energy available in the sewers continues to gain momentum.

    “SHARC Energy is excited to be at the forefront of this transformative project,” said Michael Albertson, CEO of SHARC Energy. “The Sen̓áḵw development sets a new standard for sustainable urban living, and our WET system is pivotal in realizing this vision.”

    In North America, recent years have shown the proliferation of legislation supporting DES or TEN systems. Currently, eight states, including Massachusetts, Minnesota, New York, Colorado, Washington, Maryland, Vermont and California, have legislation that either allows or mandates utilities to develop thermal energy network demonstration projects or pilots.

    About SHARC Energy  

    SHARC International Systems Inc. is a world leader in energy transfer with the wastewater we send down the drain every day. SHARC Energy’s systems exchange thermal energy with wastewater, generating one of the most energy-efficient and economical systems for heating, cooling & hot water production for commercial, residential and industrial buildings along with thermal energy networks, commonly referred to as “District Energy”.

    SHARC Energy is publicly traded in Canada (CSE: SHRC), the United States (OTCQB: INTWF) and Germany (Frankfurt: IWIA) and you can find out more on our SEDAR profile.

    Learn more about SHARC Energy: Website | Investor Page | LinkedIn | YouTube | PIRANHA | SHARC

    About Creative Energy

    Recognized as a leader in innovative energy solutions, Creative Energy designs, builds, owns, and operates sustainable district energy systems across North America. Our team has a client-focused, community-vested approach to projects that deliver outstanding quality and service while providing tangible value for continued growth. In addition to owning and operating one of Canada’s largest thermal networks in downtown Vancouver, Canada, we provide value to developers, landowners, end-users and the broader community through flexible thermal neighborhood energy systems. Our projects focus on innovation, resiliency, and sustainability, and span across a broad spectrum of technologies including geo-exchange, ocean exchange, cogeneration, microgrids, solar PVs, and sewer heat recovery.

    Serving customers for over 55 years with a reliability rate of 99.99%, we’re developing more than a dozen new low-carbon district energy systems across North America, including the revitalization and decarbonization of our downtown Vancouver steam plant which will be one of North America’s largest thermal fuel-switch projects and provide downtown Vancouver with renewable energy infrastructure for decades to come.

    Visit our website to learn more https://creative.energy/

    ON BEHALF OF THE BOARD

    Fred Andriano
    Chairman

    The Canadian Securities Exchange does not accept responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements 

    Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified using words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. SHARC Energy’s actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which the Company operates, prevailing economic conditions, and other factors, many of which are beyond the control of the Company. SHARC Energy believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Company’s expectations as of the date hereof and is subject to change after such date. The Company disclaims any intention or obligation to update or revise any forward-looking information whether because of new information, future events or otherwise, except as required by applicable securities legislation. 

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cb4c2081-233f-4ac1-b579-6ceb7d7449da

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Duos Technologies Appoints Retired Brigadier General Craig Nixon as Chairman of the Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    JACKSONVILLE, Fla., May 20, 2025 (GLOBE NEWSWIRE) — Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT), today announced the appointment of Brigadier General (Ret.) James Craig Nixon as the new Chairman of its Board of Directors, effective immediately.

    Brigadier General Nixon succeeds Kenneth Ehrman, who has served as Chairman since 2020. Mr. Ehrman stepped down from the Board to focus on the continued growth of Halo Collar, a leading provider of smart pet safety solutions. Duos sincerely appreciates his leadership and contributions during a pivotal period in the Company’s development.

    “We are honored to welcome Brigadier General Craig Nixon as our new Chairman,” said Chuck Ferry, CEO of Duos. “Craig brings a distinguished track record of leadership and operational excellence from both the military and private sectors. His strategic mindset and business acumen will be invaluable as we continue scaling our data infrastructure and energy businesses alongside our established AI technology platforms. We are equally grateful to Kenneth Ehrman for his leadership and support during a pivotal phase in Duos’ growth, and we wish him continued success with Halo Collar.”

    Brigadier General Nixon is a decorated special operations veteran with over 29 years of military service, including seven tours in elite units such as the 75th Ranger Regiment and Joint Special Operations Command (JSOC). Following his retirement in 2011, he transitioned into business leadership, serving as CEO of ACADEMI and later building Constellis Group into a global leader in security and training with over $1 billion in annual revenue.

    In addition to his military and executive career, Nixon was one of the founding partners of the McChrystal Group, a leadership consultancy, and currently serves as CEO of Nixon Six Solutions, a growth and strategy advisory firm. He is also a board member and advisor to multiple government and technology organizations and a recognized speaker on geopolitics, leadership, and veterans’ issues.

    “I’m honored to step into the role of Chairman at such a transformational time in Duos’ journey,” said Nixon. “The Company’s expansion into critical infrastructure sectors like edge data centers and power generations, coupled with its deep foundation in AI and machine vision, positions it for long-term opportunities. I look forward to supporting Chuck and the entire Duos team as we build on this momentum.”

    Nixon is a graduate of Auburn University, holds two master’s degrees in military art and science and strategic studies, and was inducted into the Ranger Hall of Fame. He brings a unique combination of decorated military service, entrepreneurial success, and board governance experience to the Company.

    About Duos Technologies Group, Inc.
    Duos Technologies Group, Inc. (Nasdaq: DUOT), based in Jacksonville, Florida, through its wholly owned subsidiaries, Duos Technologies, Inc., Duos Edge AI, Inc., and Duos Energy Corporation, designs, develops, deploys and operates intelligent technology solutions for Machine Vision and Artificial Intelligence (“AI”) applications including real-time analysis of fast-moving vehicles, Edge Data Centers and power consulting. For more information, visit www.duostech.com , www.duosedge.ai and www.duosenergycorp.com.

    Forward- Looking Statements
    This news release includes forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, regarding, among other things our plans, strategies and prospects — both business and financial. Although we believe that our plans, intentions and expectations reflected in or suggested by these forward-looking statements are reasonable, we cannot assure you that we will achieve or realize these plans, intentions or expectations. Forward-looking statements are inherently subject to risks, uncertainties and assumptions. Many of the forward-looking statements contained in this news release may be identified by the use of forward-looking words such as “believe,” “expect,” “anticipate,” “should,” “planned,” “will,” “may,” “intend,” “estimated,” and “potential,” among others. Important factors that could cause actual results to differ materially from the forward-looking statements we make in this news release include market conditions and those set forth in reports or documents that we file from time to time with the United States Securities and Exchange Commission. We do not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in our expectations or any change in events, conditions or circumstances on which any such statement is based, except as required by law. All forward-looking statements attributable to Duos Technologies Group, Inc. or a person acting on its behalf are expressly qualified in their entirety by this cautionary language.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/4bffaa21-c5a2-4fc8-9655-e641c3c76852

    This press release was published by a CLEAR® Verified individual.

    The MIL Network –

    May 21, 2025
  • From Muridke to Bahawalpur: The revolving-door terror networks of Pakistan

    Source: Government of India

    Source: Government of India (4)

    Operation Sindoor, launched by India on the night of 6–7 May to punish the terror masterminds and operatives based in Pakistan who were responsible for the Pahalgam terror incident, significantly destroyed the Lashkar-e-Taiba headquarters in Muridke and the Jaish-e-Muhammad headquarters at Bahawalpur in Pakistan’s Punjab province.

    In the heinous terror incident of 22 April in Pahalgam, a group of terrorists, including two Pakistanis, killed 26 civilians. The strike drew widespread condemnation around the world.

    In a swift surgical strike, carried out with precision bombing, nine major terror camps—including those at Muridke and Bahawalpur, were hit hard, inflicting grave damage on Pakistan’s terror infrastructure. Acting on intelligence inputs to avoid collateral damage, the planners selected targets away from civilian areas.

    Although the operation focused only on terror facilities and not Pakistani military installations, Pakistan’s long record of using terrorism as state policy, and of nurturing such groups, casts a shadow of dubious diplomacy. In effect, external terrorism remains an inseparable political tool in Pakistan’s geopolitical strategy.

    Sanctions, Leadership, and the Survival Playbook of Pakistan-Based Terrorist Groups

    Three Pakistan-rooted terrorist organisations dominate violence directed at India, particularly Jammu & Kashmir: Lashkar-e-Taiba (LeT), Jaish-e-Mohammed (JeM) and Hizbul Mujahideen (HM). These organisations are outlawed in India and, and in many other countries across the world, including global organisations like the United Nations. They are designated Foreign Terrorist Organisations (FTOs) by the United States, and both LeT and JeM are proscribed even in Pakistan. Their leaders are blacklisted and their bank accounts and assets frozen.

    Yet they endure. Their secret lies in a nimble ability to shed one skin and grow another: when a parent body is proscribed, a “charity”, “relief trust” or freshly minted political outfit swiftly takes its place.

    The pattern is starkest in the case of Sajid Mir, the Lashkar commander who masterminded the 2008 Mumbai attacks. For years, Islamabad insisted he was either dead or untraceable; only when the Financial Action Task Force (FATF) threatened economic pain did the authorities quietly arrest and convict him, on the safer charge of terror financing rather than mass murder. His story captures both the power, and the limits, of external pressure on Pakistan’s counter-terrorism calculus.

    A quick glance at the ban record

    Organisation

    Proscribed in Pakistan

    UN designation

    US FTO designation

    Lashkar-e-Taiba

    Jan 2002

    2 May 2005

    26 Dec 2001

    Jaish-e-Mohammed

    Jan 2002

    17 Oct 2001

    26 Dec 2001

    Hizbul Mujahideen

    ———

    ——-

    16 Aug 2017

    FTO – Foreign Terrorist Organisation

    Lashkar-e-Taiba

    Founded in the late 1980s by Hafiz Muhammad Saeed, LeT styled itself the “Army of the Pure”, determined to wrest Kashmir, and ultimately the whole of India, for Pakistan, and establish a Muslim caliphate across the sub-continent. Its signature atrocities include the 2001 attack on India’s Parliament, the 2006 Mumbai train bombings, and, most infamously, the three-day siege of Mumbai in November 2008 that left 166 people dead.

    Pakistan banned LeT in January 2002, but the movement simply morphed into Jamaat-ud-Dawa (JuD), already registered as a charity. When JuD itself came under pressure, fund-raising flowed through the Falah-e-Insaniat Foundation (FIF), Idara Khidmat-e-Khalq, Al-Anfal Trust, and a growing list of anodyne-sounding fronts. Newer offshoots, such as The Resistance Front (TRF), dispense with overt religious branding altogether, making them harder to flag under existing sanctions.

    Saeed’s own journey mirrors that agility. Detained, placed under house arrest, and released several times, he was finally handed a 78-year jail term in 2020, largely under FATF pressure. A US$10 million American reward for information leading to his conviction still stands, but few believe he will ever face trial for the Mumbai carnage.

    Jaish-e-Mohammed

    JeM sprang to life in early 2000 when Masood Azhar called for jihad in Kashmir. Within two years Islamabad had proscribed JeM, yet the group enjoyed a rebirth as Khuddam-ul-Islam and, when that alias fell, as the “charitable” Al-Rehmat Trust.

    Azhar’s personal freedom tells its own tale. Detained and under house arrest between December 2001 and December 2002, with Pakistan failing to charge him for the 2001 Parliament attack, he was reportedly confined again after the 2008 Mumbai attacks, only to “vanish” from public view. In 2019 China finally lifted its veto against listing him at the United Nations, but no Pakistani court has yet secured a conviction.

    Hizbul Mujahideen

    HM’s current chief, Syed Salahuddin, continues to broadcast from Muzaffarabad, calling for Kashmiri accession to Pakistan. The United States declared him a Specially Designated Global Terrorist (SDGT) in 2017 and, weeks later, branded HM itself an FTO. Islamabad’s stance remains ambiguous: a 2003 promise to ban the group was never codified; Salahuddin moves unimpeded in Pakistan-administered Kashmir, granting interviews in which he vows fresh attacks on Indian targets.

    The terror leaders at a glance

    Name

    Group

    UN listing

    US sanctions

    Present status

    Hafiz Muhammad Saeed

    LeT

    10 Dec 2008

    SDGT (May 2008) – USD 10 m bounty

    Serving 78-year term for terror financing

    Masood Azhar

    JeM

    1 May 2019

    SDGT (Nov 2010)

    At large; whereabouts officially “unknown”

    Syed Salahuddin

    HM

     

    SDGT (Jun 2017)

    Operates openly in PoK

    Sajid Mir

    LeT

     

    SDGT (Aug 2012) USD 5 m bounty

    Jailed 2022 for 15½ years on financing charges

     

    Sajid Mir: the man Islamabad declared dead — until it didn’t

    Investigators have long described Sajid Mir as the linchpin of the 2008 Mumbai plot. He recruited David Headley, bank-rolled Headley’s “immigration consultancy” cover in Mumbai, and calmly instructed the gunmen by telephone as the massacre unfolded.

    In 2011 a Chicago grand jury indicted Mir for the Mumbai attack. The United States posted a $5 million reward and, in 2012, the US Treasury designated him an SDGT. When queried, Pakistan first claimed Mir could not be traced; later, policy-makers upgraded his status from “absconding” to “confirmed dead”. Nevertheless, successive US reports on terrorism insisted that Mir was in Pakistan.

    In 2022, under FATF pressure, Mir was quietly arrested; in May 2022, a terrorism court sentenced him to 15½ years’ imprisonment. Tellingly, the conviction was for LeT financing, not for masterminding the 26/11 massacre. The timing is clear: Pakistan needed to exit FATF’s “grey list” and duly showcased Mir’s conviction at the watchdog’s plenary.

    Why the bans keep failing

    • Front-of-house charities – Outfits such as JuD, FIF and Al-Rehmat Trust cloak terrorist networks in a veneer of benevolence, complicating the task for regulators and donors alike.
    • Selective enforcement – Convictions arrive only when outside pressure peaks. Saeed’s 2020 sentence, Mir’s 2022 volte-face and the re-banning of JuD and FIF in 2019 all coincided with looming FATF deadlines or worldwide outrage after high-profile attacks. Almost immediately, JuD and FIF adopted yet new identities, continuing their radical activity.
    • Strategic utility – Groups focused on Kashmir retain value for elements within Pakistan’s security establishment; leaders deemed “assets” are seldom pursued with vigour.
    • Name-change game – Each new alias restarts the bureaucratic clock. By the time the UN or Washington designates a fresh front, funds and recruits have already flowed through it — and on to the next incarnation.

    International sanctions, UN blacklists and FATF scrutiny Grey List are not without effect: they put a break on external money flow to the country, freeze bank accounts of terror groups and terrorists, hinder travel, and, in Saeed’s and Mir’s cases, produce prison terms.

    Yet the record that Pakistan maintains reveals a pattern of grudging, piecemeal compliance rather than wholesale dismantling of terrorist infrastructure. Saeed and Mir were jailed on diluted charges, not for the killings they engineered.

    So long as terrorist leaders calculate that they can outwait external pressure; so long as charitable facades provide a revolving door back into business; and so long as the state continues to believe in the notion of “good versus bad” terror, outfits such as Lashkar-e-Taiba, Jaish-e-Mohammed and Hizbul Mujahideen will remain in play.

     

    May 21, 2025
  • MIL-OSI: 1 Hour Payday Loans No Credit Check Direct Lenders Guaranteed Approval | Instant Bad Credit Loan Provider – IOnline Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 20, 2025 (GLOBE NEWSWIRE) — When emergencies strike, you need funds fast, without the hassle of credit checks. 1 hour payday loans no credit check offer a quick solution for bad credit borrowers needing instant cash. Whether it’s for urgent bills or unexpected repairs, these loans provide same-day approval and fund transfers within an hour.

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    What Are 1 Hour Payday Loans No Credit Check?

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    Platforms like IOnline Payday Loans make it simple to apply by connecting borrowers with a network of trusted lenders who specialize in guaranteed approval with no credit check policies. This ensures you get the funds you need quickly, without unnecessary delays or rejections.

    However, as with any loan, it’s essential to borrow responsibly, understanding the repayment terms and associated fees.

    Types of No Credit Check Payday Loans & Instant Payday Loans for Bad Credit

    Borrowers with poor credit often struggle to find lenders willing to approve their applications. Thankfully, no credit check payday loans and instant payday loans with Guaranteed Approval offer practical solutions. These loans focus on your income and repayment ability, ensuring quick access to funds without the hurdles of traditional credit checks.

    Here are the most common types of no credit check payday loans available:

    1. 1 Hour Payday Loans No Credit Check

    • Designed for extreme urgency where funds are needed within an hour.
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    2. Instant Payday Loans for Bad Credit

    • Fast approvals, often within minutes of applying.
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    3. No Credit Check Instant Personal Loans

    • Slightly larger loan amounts compared to payday loans.
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    4. Same Day Loans No Credit Check

    • General category covering payday, personal, and emergency loans.
    • Funds are credited to your account on the same day of approval.
    • Perfect for urgent cash flow needs.

    5. $255 Payday Loans Online Same Day

    • A microloan designed for small, immediate expenses.
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    Platforms like IOnline Payday Loans make it easy to explore these options by connecting you with lenders who specialize in no credit check loans for bad credit borrowers.

    How to Apply for No Credit Check Instant Personal Loans with Fast Approval

    Applying for a no credit check instant personal loan is simple, especially through trusted platforms like IOnline Payday Loans. Here’s a step-by-step guide to securing fast approval and same-day funds:

    1. Visit IOnline Payday Loans

    Start by visiting IOnline Payday Loans, a platform that connects you with lenders offering instant payday loans for bad credit with no credit check.

    2. Select Your Loan Amount

    Choose the loan amount you need. Whether it’s a $255 payday loan online same day or a larger emergency personal loan for bad credit score, select an amount you can comfortably repay.

    3. Complete the Online Application

    Fill out a quick form with your personal details, employment information, monthly income, and bank account details. The application process is entirely online and takes just a few minutes.

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    After submission, IOnline Payday Loans instantly matches your profile with trusted lenders specializing in no credit check instant personal loans.

    5. Review Offers & Accept

    You’ll receive loan offers with transparent terms. Carefully review interest rates, fees, and repayment schedules before accepting an offer.

    6. Receive Funds the Same Day

    Once you accept the loan terms, funds are usually deposited into your bank account the same day. For urgent needs, some lenders even offer 1 hour payday loans no credit check.

    This streamlined process ensures fast access to funds, even for borrowers with bad credit, without the hassle of traditional credit checks.

    Features & Benefits of IOnline Payday Loans for Same Day Loans No Credit Check

    When time is of the essence and your credit score is holding you back, IOnline Payday Loans offers a fast, reliable solution. The platform specializes in connecting borrowers with lenders who provide same day loans no credit check, making emergency borrowing simple and stress-free.

    Key Features:

    • No Hard Credit Checks: Approval is based on income and repayment capacity, not your credit score.
    • Instant Approval Process: Applications are reviewed in real-time, ensuring you receive a decision within minutes.
    • Same Day Fund Deposits: With lenders offering 1 hour payday loans no credit check, funds are often transferred within hours of approval.
    • Fully Online Application: The entire process is digital, eliminating paperwork and in-person visits.
    • Flexible Loan Amounts: From small-dollar loans like $255 payday loans online same day to larger personal loans, you can choose based on your needs.

    Benefits:

    • High Approval Rates: Designed specifically for bad credit borrowers, ensuring you have a better chance of getting approved.
    • Trusted Lender Network: IOnline works with reputable, verified lenders who follow transparent lending practices.
    • Clear Loan Terms: Every offer outlines interest rates, repayment terms, and fees upfront, no hidden surprises.
    • Convenient & Time-Saving: No need to apply to multiple lenders; IOnline matches you with the best fit in minutes.

    Whether you’re dealing with an unexpected bill or a short-term cash shortage, IOnline Payday Loans ensures quick and hassle-free access to funds when you need them the most.

    Why IOnline Payday Loans is the Best Choice for Payday Loans Online for Bad Credit

    For borrowers with poor credit, securing a loan can often feel like an uphill battle. Traditional banks and lenders focus heavily on credit history, making approvals difficult for those with past financial mistakes. This is where IOnline Payday Loans becomes a trusted solution for accessing payday loans online for bad credit.

    IOnline Payday Loans is not a direct lender but an online platform that connects borrowers to a network of trusted lenders who specialize in no credit check loans. These lenders focus on your current income and ability to repay rather than relying on your credit score, significantly improving your chances of approval.

    One of IOnline’s biggest strengths is speed. Whether you’re seeking instant payday loans for bad credit or need a small $255 payday loan online same day, IOnline’s lenders offer fast approvals and same-day fund transfers, often within an hour.

    Additionally, IOnline is committed to transparency. All loan offers are presented with clear terms, including interest rates, repayment schedules, and any applicable fees. This ensures borrowers can make informed decisions without worrying about hidden costs.

    The convenience of a fully online application process means you can apply from anywhere, eliminating the need for time-consuming paperwork and office visits. IOnline also streamlines the process by matching you with lenders who best fit your borrowing needs.

    By offering high approval rates, fast fund disbursal, and a user-friendly experience, Instant personal loans for bad credit IOnline Payday Loans is the go-to choice for bad credit borrowers seeking reliable payday loans online.

    IOnline Payday Loans Application Process for Instant Personal Loans for Bad Credit

    Applying for an Instant personal loans for bad credit through IOnline Payday Loans is a simple, fast, and hassle-free process. Here’s how you can get started and receive funds quickly:

    Step 1: Select Loan Amount

    Begin by determining how much money you need. Whether it’s a small $255 payday loan online same day or a larger personal loan, select an amount that meets your immediate needs and fits within your repayment capacity.

    Step 2: Organize Required Information

    Although no hard credit checks are performed, you’ll need to provide basic information. Prepare your ID proof, employment details, income verification, and bank account information. Having this ready speeds up the approval process.

    Step 3: Fill Out the Online Application

    Visit IOnline Payday Loans and complete the quick online application form. You’ll be asked for personal details, financial information, and your loan requirements. The form is user-friendly and takes only a few minutes to fill out.

    Step 4: Eligibility Assessment

    IOnline’s partner lenders evaluate your application based on your current income and ability to repay. Since no credit check instant personal loans are being offered, your credit score will not impact the approval decision.

    Step 5: Get Matched with Direct Lenders

    IOnline instantly connects you with lenders who specialize in bad credit loans. You’ll receive loan offers tailored to your profile, ensuring you get the best match for your needs.

    Step 6: Review, Accept & Receive Funds

    Carefully review the loan offer, including repayment terms, interest rates, and any applicable fees. Once you accept, the lender processes the loan and transfers funds directly to your bank account. For urgent needs, many lenders provide same-day deposits or even 1 hour payday loans no credit check.

    This efficient process ensures that bad credit borrowers can access funds quickly, securely, and without unnecessary stress.

    Eligibility Criteria for Bad Credit Personal Loans Direct Lenders

    Getting approved for a bad credit personal loan is much easier when you work with direct lenders who focus on current financial capability rather than credit history. Platforms like IOnline Payday Loans streamline this process, connecting you with lenders who have flexible eligibility criteria.

    To qualify for a personal loan through IOnline’s network, you typically need to meet the following basic requirements:

    • Age Requirement: You must be at least 18 years old.
    • U.S. Residency: Applicants must have a valid residential address within the United States.
    • Proof of Income: A steady source of income from employment, self-employment, or government benefits is essential. Lenders assess your ability to repay based on this.
    • Active Bank Account: This is required for receiving loan funds and setting up automatic repayments.
    • Valid Contact Information: A working phone number and email address are necessary for communication and verification.

    Unlike traditional loans, bad credit personal loans direct lenders do not perform hard credit checks. Your credit score does not influence the approval decision. Instead, lenders focus on verifying your current income and repayment capacity.

    By keeping the eligibility simple, IOnline Payday Loans ensures that borrowers with poor credit histories can still access funds quickly and efficiently, making them a trusted choice for emergency financial needs.

    Other Types of $255 Payday Loans Online Same Day & No Credit Check Options

    Beyond standard payday loans, borrowers with bad credit have access to several flexible loan options that offer quick approvals and no credit checks. These alternatives are designed to meet different emergency financial needs while ensuring fast fund transfers.

    $255 Payday Loans Online Same Day

    • Small-dollar loans ideal for urgent expenses like utility bills or minor repairs.
    • Simple online application with quick approval.
    • Funds typically disbursed within the same day of approval.

    No Credit Check Instant Personal Loans

    • Larger loan amounts compared to payday loans.
    • Flexible repayment terms spread over weeks or months.
    • Approval based on income, not credit history.

    Instant Payday Loans for Bad Credit

    • Designed for borrowers who need fast cash without credit score worries.
    • Approval decisions often made within minutes.
    • Funds are deposited quickly, sometimes within an hour.

    Same Day Loans No Credit Check

    • General emergency loans processed and disbursed on the same day.
    • Suitable for a wide range of financial needs.
    • Minimal documentation required.

    Bad Credit Personal Loans Direct Lenders

    • Larger loan amounts with structured repayment plans.
    • Direct lenders focus on your repayment ability, not your credit score.
    • Transparent terms with no hidden fees.

    Platforms like IOnline Payday Loans make it easy to explore these options, connecting borrowers with trusted lenders who specialize in fast, no credit check loans for bad credit.

    Wrapping Up

    When you’re facing an urgent financial crisis, time is critical. For borrowers with poor credit, 1 hour payday loans no credit check offer a practical and fast solution. Unlike traditional loans that involve long waiting periods and hard credit checks, these payday loans focus on your income and ability to repay, ensuring quick approvals and same-day fund transfers.

    Whether you need a small $255 payday loan online same day or a larger personal loan, platforms like IOnline Payday Loans simplify the process. By connecting you with direct lenders who specialize in bad credit loans, IOnline ensures you can access emergency funds without unnecessary hurdles.

    Frequently Asked Questions

    1. Can I really get a 1 hour payday loan with no credit check?

    Yes. 1 hour payday loans no credit check are designed for urgent financial needs, providing approvals and fund transfers within an hour. Lenders focus on your income, not your credit score, making approval easier for bad credit borrowers.

    2. How do no credit check payday loans work?

    With no credit check payday loans, lenders skip traditional credit inquiries and assess your current income and repayment ability. This speeds up the process and increases approval chances, even for those with poor credit histories.

    3. Are instant payday loans for bad credit safe?

    Yes, if you use trusted platforms like IOnline Payday Loans. They connect you with verified lenders offering instant payday loans for bad credit with clear terms and no hidden fees. Always read loan agreements carefully before accepting.

    4. Can I apply for no credit check instant personal loans online?

    Absolutely. No credit check instant personal loans are available through online platforms. The application is quick, and funds are typically disbursed on the same day, with some lenders offering near-instant approvals.

    5. What is the difference between same day loans no credit check and $255 payday loans online same day?

    Both offer fast approvals without credit checks. Same day loans no credit check cover a wider range of amounts and loan types, while $255 payday loans online same day refer specifically to small-dollar loans for urgent, minor expenses.

    Project Name: IOnline Payday Loans

    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801

    Company Website: https://ionlinepaydayloans.com/

    Email: mria@ionlinepaydayloans.com

    Phone: 307-777-7311

    Contact person name: Mria

    Disclaimer: This announcement contains general information about Ionline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/cafc4254-796e-4a55-8a46-e32af1821255

    The MIL Network –

    May 21, 2025
  • MIL-OSI: Best Tribal Loans for Bad Credit: Low Credit Finance The Easiest Tribal Loans to Get with Guaranteed Approval from Direct Lenders Online

    Source: GlobeNewswire (MIL-OSI)

    CHAMPLAIN, N.Y., May 20, 2025 (GLOBE NEWSWIRE) — If you’ve been searching for the best tribal loans for bad credit, you’re not alone. Many Americans face financial challenges that make it hard to qualify for traditional loans, but tribal loans offer a promising alternative. Known for being some of the easiest tribal loans to get, these loans are increasingly popular because they come with fewer requirements, fast approval, and sometimes no credit check at all.

    In this guide, you’ll discover everything about tribal loans direct lender guaranteed approval programs, how to apply for tribal loans online, and why $500 tribal installment loans direct lenders only can be the right fit for your financial emergency. We’ll also cover the differences between tribal payday loans and installment loans, and explain how tribal loans no credit check options work.

    APPLY NOW FOR THE EASIEST TRIBAL LOANS TO GET WITH GUARANTEED APPROVAL!

    What Are Best Tribal Loans for Bad Credit and How Do They Work?

    Tribal loans are unique because they’re offered by lenders operating under Native American tribal sovereignty, meaning they follow tribal laws rather than state regulations. This allows them to provide loans with more flexible terms, making them ideal for people who need the best tribal loans for bad credit or simply want quick access to funds.

    These loans are some of the easiest tribal loans to get because they don’t rely heavily on credit scores. Instead, they focus on your income and ability to repay, which is why many borrowers find success with tribal loans direct lender guaranteed approval programs.

    Why Choose Tribal Loans Online?

    Applying for tribal loans online has never been easier. Many platforms, like Low Credit Finance, offer a streamlined online application process for tribal loans direct lender guaranteed approval. This means you can apply from anywhere, at any time, without dealing with complicated paperwork or in-person visits.

    Because tribal loans online are connected directly to tribal lenders, they provide fast funding—often the same day or next business day—which is crucial when you need emergency cash quickly.

    $500 Tribal Installment Loans Direct Lenders Only

    If you need a manageable loan amount, $500 tribal installment loans direct lenders only programs might be your best option. These loans allow you to borrow $500 or more with flexible repayment schedules, making it easier to fit payments into your monthly budget.

    Many direct lenders specializing in these loans offer tribal loans no credit check, so your poor credit won’t hold you back. Plus, installment loans provide more structure than tribal payday loans, which usually require a lump-sum repayment on your next paycheck.

    LOOKING FOR $500 TRIBAL INSTALLMENT LOANS DIRECT LENDERS ONLY?

    Benefits of Tribal Loans No Credit Check

    • Higher approval chances for bad credit: Many tribal lenders accept credit scores well below what traditional banks require.
    • Fast processing and funding: Some tribal loans fund the same day or next business day.
    • Simpler application: Less paperwork and easier qualification standards.
    • Flexible repayment terms: Some lenders offer installment loans with longer repayment periods.

    The downside? Tribal loans generally come with higher interest rates—sometimes much higher than conventional loans. This is the cost of convenience and fast access to funds. We’ll talk more about risks later so you can borrow wisely.

    One of the easiest and most trusted ways to get tribal loans is through Low Credit Finance. This online service connects you directly with a network of tribal lenders offering loans from $500 up to $10,000. What makes Low Credit Finance stand out is its simple application process, quick approval, and guaranteed approval even if your credit score is low.

    Why choose Low Credit Finance?

    • No credit check required: Your credit score won’t hold you back.
    • Loan approval even with scores as low as 550: Traditional lenders usually require 620 or higher.
    • Multiple loan options: From emergency payday loans to longer installment loans.
    • Fast funding: Many borrowers get money as soon as the next business day.
    • Flexible repayment terms: Choose a payment plan that fits your budget, often between 6 and 36 months.

    GET INSTANT ACCESS TO TRIBAL PAYDAY LOANS WITH NO CREDIT CHECK—APPLY ONLINE IN MINUTES!

    Who Can Benefit Most from Tribal Loans?

    Tribal loans are especially helpful for:

    • People with bad or poor credit who have been denied elsewhere
    • Those facing urgent cash needs without time for long approvals
    • Borrowers who want transparency and clear loan terms
    • Anyone who prefers the ease of applying online without visits to a physical location

    How Do Tribal Loans Work? The Application Process Explained

    Getting a tribal loan through Low Credit Finance or similar platforms is straightforward:

    1. Complete a quick online application: It usually takes 5-10 minutes and asks for basic information like your income, bank account, and ID.
    2. Instant decision: Many lenders provide near-instant approvals, so you’re not left waiting.
    3. Review and accept the loan terms: Make sure you understand the interest rate, repayment schedule, and fees.
    4. Get your funds: If you accept, the money can be transferred to your bank account as soon as the next business day.

    You can use these loans for nearly any legitimate expense—medical bills, car repairs, home improvements, debt consolidation, or unexpected emergencies.

    No Credit Check and No Teletrack Explained

    Two big reasons tribal loans are popular with bad credit borrowers are the no credit check and no Teletrack features.

    • No credit check means the lender won’t perform a hard inquiry on your credit report, which can lower your credit score. Instead, they may do a soft check or focus more on your income and banking history.
    • No Teletrack means the lender doesn’t check Teletrack, a special credit reporting service that tracks payday loans and other alternative financial services. This is great for people who have negative payday loan histories.

    WANT A LOAN WITHOUT A CREDIT CHECK OR TELETRACK? APPLY NOW TO ACCESS TRIBAL LOANS WITH NO CREDIT CHECK

    How to Get Approved for Tribal Loans Direct Lender Guaranteed Approval

    When searching for tribal loans direct lender guaranteed approval, there are simple eligibility requirements that can improve your chances:

    • Be at least 18 years old
    • Have a stable income (usually $1,000+ monthly)
    • Maintain an active checking account
    • Provide valid government-issued ID

    Meeting these basic criteria makes you a strong candidate for best tribal loans for bad credit with guaranteed approval, especially through direct lender platforms that offer tribal loans online.

    Types of Tribal Loans You Can Get

    1. Tribal Payday Loans:
      • Small, short-term loans (usually $100 to $1,500)
      • Repayment typically required on your next payday (2-4 weeks)
      • High interest rates
      • Best for immediate, short-term cash needs
    2. Tribal Installment Loans:
      • Loans from $500 up to $10,000 or more
      • Repayment over months or years (6 months to 3 years)
      • Fixed monthly payments
      • More manageable for larger or longer-term expenses
    3. Personal Loans:
      • Versatile loans that can be used for many purposes like home renovations or debt consolidation
      • Often have slightly lower interest rates than payday loans
      • Longer repayment terms and higher loan limits

    Bad Credit and How It Affects Loan Approval

    Credit scores range from 300 to 850, and are usually classified as:

    • Excellent: 750+
    • Good: 700-749
    • Fair: 650-699
    • Poor: 600-649
    • Bad: Below 600

    Having bad credit doesn’t mean you’re irresponsible. It can be caused by many things such as medical emergencies, job loss, divorce, identity theft, or minor financial mistakes.

    CREDIT ISSUES? FIND LOAN SOLUTIONS THAT WORK FOR YOU

    How bad credit impacts loan approval:

    • Automatic denial by traditional lenders
    • Higher interest rates on approved loans
    • Lower loan amounts
    • Stricter repayment terms
    • Requirements for collateral or cosigners

    Why Borrowers Love the Easiest Tribal Loans to Get

    People turn to the easiest tribal loans to get because:

    • They’re accessible even with low credit scores
    • They offer fast approval and funding
    • Minimal paperwork and no in-person visits required
    • Flexible loan amounts from $500 to $10,000
    • Ability to use loans for various emergencies, including medical bills, car repairs, or debt consolidation

    With options like $500 tribal installment loans direct lenders only and tribal payday loans, you have a range of choices to fit your financial needs.

    Important Things to Consider Before Taking a Tribal Loan

    While tribal loans are convenient, there are important risks:

    • High interest rates: APRs can be several hundred percent.
    • Limited regulation: Tribal lenders are exempt from some state consumer protection laws.
    • Automatic withdrawals: These loans often use automatic payments, which can lead to overdraft fees if your account doesn’t have enough money.
    • Debt cycles: High fees and easy access can trap borrowers in ongoing debt.
    • Limited legal recourse: Disputes may have to be handled in tribal courts, which can be more complicated.

    GET ALL THE DETAILS ON TRIBAL LOANS AND CHOOSE THE BEST OPTION FOR YOU!

    How to Increase Your Chances of Getting Approved

    • Double-check your application for accuracy and completeness
    • Borrow only what you really need and can afford to repay
    • Provide all required documentation on time
    • Consider a cosigner if possible
    • Apply during regular business hours for quicker manual reviews

    Tribal Payday Loans vs. Installment Loans: What’s Right for You?

    Both tribal payday loans and installment loans serve different needs:

    • Tribal payday loans are small, short-term loans that must be repaid quickly—typically within 2-4 weeks. They’re known for their high interest rates and are best for urgent, small cash needs.
    • Installment loans, such as the popular $500 tribal installment loans direct lenders only, offer longer repayment periods (6 months to 3 years) with fixed monthly payments, giving you more control and less financial pressure.

    Where to Find Legitimate Tribal Loans?

    It’s important to avoid scams. Trusted platforms like Low Credit Finance help connect you with real tribal lenders that operate under tribal sovereignty and follow transparent lending practices.

    SEARCHING FOR TRIBAL LOANS? CHOOSE REPUTABLE LENDERS AND SECURE YOUR LOAN WITH CONFIDENCE.

    Features of Low Credit Finance:

    • Loan amounts from $100 to $15,000
    • Network of tribal and non-tribal lenders
    • Quick 5-minute online application
    • Acceptance of all credit types
    • Potential for same-day funding
    • Secure, encrypted process

    Final Thoughts: Finding the Best Tribal Loans for Bad Credit with Guaranteed Approval

    Whether you need tribal payday loans for a quick cash boost or $500 tribal installment loans direct lenders only for a more manageable repayment plan, tribal loans offer a lifeline to those with credit challenges. By choosing tribal loans direct lender guaranteed approval services online, you simplify the process and increase your chances of success.

    Remember, the best tribal loans for bad credit are those that balance ease of access with fair terms and transparent conditions. Platforms like Low Credit Finance can connect you with reputable tribal lenders offering some of the easiest tribal loans to get, even if your credit is less than perfect.

    GET THE SUPPORT YOU NEED WITH GUARANTEED APPROVAL TRIBAL LOANS

    Frequently Asked Questions

    What is the easiest tribal loan to get?
    Low Credit Finance is one of the easiest tribal loan platforms with high approval rates and minimal requirements.

    Can I get a loan without a credit check?
    Yes, some tribal lenders offer loans without hard credit checks, focusing on income verification instead.

    Can I get a loan with a 450 credit score?
    Some tribal lenders do approve loans for very low credit scores, but expect higher interest rates.

    Can you get a loan without your credit being pulled?
    Yes, many tribal loans only perform soft credit checks or verify income and banking details.

    How do I get a loan with bad credit?
    Look for lenders who prioritize income over credit history, consider cosigners or collateral, and apply through platforms specializing in bad credit loans.

    Company Name: Low Credit Finance
    Website: lowcreditfinance.com
    Contact Person: Ken Crites
    Email: support@lowcreditfinance.com
    Address: 102 W Service Rd, Apt 820, Champlain, NY 12919, USA
    Phone: (518) 555-0192

    Disclaimer: This article is for informational purposes only and does not constitute financial advice. Tribal loans often come with high interest rates and fees, so it’s important to carefully review all terms and conditions before borrowing. Borrow responsibly and consider all your options. Approval is not guaranteed, and loan availability may vary based on lender policies and your individual circumstances. Always use trusted and reputable lenders.

    Photos accompanying this announcement are available at

    https://www.globenewswire.com/NewsRoom/AttachmentNg/d4acff96-32d2-4a08-bde6-803cb53eb70c

    https://www.globenewswire.com/NewsRoom/AttachmentNg/75062450-6fa1-4c9b-a89a-810e98de39e6

    The MIL Network –

    May 21, 2025
  • MIL-OSI Economics: Lufthansa Group: Winter flight schedule published and now available for booking

    Source: Lufthansa Group

    Lufthansa Group’s passenger airlines, including Lufthansa, Austrian Airlines, SWISS, Brussels Airlines, Eurowings and Discover Airlines, have published their winter flight schedules for 2025/26. The winter flight schedule begins on October 26, 2025. All destinations can be booked now.

    “A stable, punctual, and reliable flight schedule for all Lufthansa Group airlines for the winter, especially for the Christmas holidays, is our top priority. Our employees at the airports will ensure that everything runs smoothly. In addition, with the expansion of the Allegris offering at Lufthansa Airlines, we are bringing a significant upgrade in the premium segment to many core markets,” said Dieter Vranckx, Chief Commercial Officer Lufthansa Group.

    Winter flight schedule highlights for Lufthansa:

    For the 2025/2026 winter flight schedule, Lufthansa will offer additional long-haul flights whereby passengers can enjoy the new Allegris cabin in all classes: Economy, Premium Economy, Business, and First Class. Starting October 26, the new aircraft, with state-of-the-art cabin interiors, will fly daily from Munich to New York (John F. Kennedy and New Jersey-Newark), Chicago, Miami, Shanghai, Cape Town and Tokyo. In addition, Bengaluru in India will be served three times a week. This is the largest number of Allegris destinations operating simultaneously since its debut. Passengers already booked with these flights can now look forward to the Allegris seat.

    Ten A350-900s with the new cabin interior are already flying for Lufthansa in the winter schedule. More than half a million passengers in all classes have now enjoyed the new seats with extremely high satisfaction rates of nearly 100 percent. This year, Lufthansa also plans to introduce Allegris in Frankfurt with the Boeing 787-9 and the retrofitting of its existing fleet, starting with the Boeing 747-8.

    More news from Lufthansa: due to high demand, flights from Frankfurt to Bydgoszcz (Poland) and from Munich to Oradea (Romania) will continue next winter. These connections were added to the flight schedule in summer 2025. The winter season Airbus A380 destinations from Munich have also been confirmed: A380 enthusiasts can look forward to flights to Los Angeles, San Francisco, Bangkok andDelhi with the A380, which is extremely popular with guests and crew alike.

    Further news from Lufthansa Group Airlines:

    Austrian Airlines will add Amsterdam as a fourth destination from Innsbruck this winter, in addition to its existing connections to Brussels, Warsaw, and Copenhagen. Austrian Airlines is also expanding its service from Vienna to Bangkok: up to two daily connections are now on the flight schedule. From October 26, 2025, Austrian Airlines will now fly to Linate Airport instead of Malpensa for all flights to Milan. This change was made by taking over the corresponding slots from ITA Airways, which, like Austrian Airlines, has been part of the Lufthansa Group since the beginning of the year. Linate Airport is much closer to Milan, significantly reducing the travel time to the city center for passengers.

    SWISS is expanding its service to the Polish city of Krakow. In addition, the destinations Cluj-Napoca (Romania) and Košice (Slovakia), which were served for the first time last winter, will continue to be served from Zurich. The long-haul destination Washington D.C. (USA) will also continue from Zurich this winter. From Geneva, SWISS is focusing on connections to and from the UK, Ireland, and Scandinavia – especially for winter sports travelers planning a vacation in Switzerland.

    Brussels Airlines is continuing to expand its services from Brussels to Africa. Lomé (Togo), Dakar (Senegal), Conakry (Guinea), Monrovia (Liberia), Accra (Ghana), and Freetown (Sierra Leone) will all receive additional weekly connections. Brussels Airlines is thus strengthening its role as the “Africa expert” within the Lufthansa Group.

    Eurowings, Germany’s largest leisure airline will connect Berlin with Abu Dhabi with three non-stop flights per week beginning in November 2025. After Dubai and Jeddah, this will be the third long-distance route for the German capital within a short space of time. The Berlin service to the booming metropolis of Dubai will also be expanded: Eurowings will fly to Dubai up to eleven times a week (instead of the previous seven times a week). Eurowings is also providing a real winter highlight in Lower Saxony: With the inaugural flight on November 4, there will be three direct flights a week from Hanover to Dubai. The third new destination will be reached from Baden-Württemberg: Eurowings will connect Stuttgart with Jeddah in Saudi Arabia twice a week going forward. The program to Egypt is also being expanded: In the new winter flight schedule 25/26, Eurowings will be flying to Marsa Alam from Cologne, Hamburg and Berlin.

    Discover Airlines is adding another highlight to its route network: starting in winter 2025/26, the leisure-focused airline will fly non-stop from Frankfurt to the Seychelles for the first time. This is a first for the Lufthansa Group: no airline in the group has ever flown to the island paradise before. Flights to Punta Cana, in the Dominican Republic, are also on the schedule – the only direct connection from Munich to the popular Caribbean vacation destination. Discover Airlines is also adding Alta in Norway to its schedule from Frankfurt for the first time.

    MIL OSI Economics –

    May 21, 2025
  • MIL-OSI: Amplify ETFs Launches the Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG)

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 20, 2025 (GLOBE NEWSWIRE) —  Amplify ETFs is pleased to announce the launch of the Amplify Samsung U.S. Natural Gas Infrastructure ETF (USNG) in collaboration with Samsung Asset Management. USNG is an actively managed ETF offering exposure to companies powering the U.S. natural gas ecosystem.

    Demand for U.S. natural gas is expected to surge by up to 50% over the next five years, driven by the digital economy’s extraordinary rise in energy consumption.1 Increased power usage from data centers and artificial intelligence (AI) is fueling the growing demand for natural gas as a clean, cost-effective and readily available energy source.

    Likewise, the U.S., as the world’s leading exporter of liquefied natural gas (LNG), is poised for exports to grow by 19% in 2025 and 15% in 2026—fueled by global market shifts and escalating demand for American energy.2

    USNG invests in approximately 20 to 25 U.S. stocks involved in the natural gas value chain across midstream, downstream, and upstream, with a primary focus on the midstream segment. Stocks are selected using a ‘Growth at a Reasonable Price’(GARP) investment approach to identify companies with strong earnings, cash flow, and dividend growth potential. The securities are included based on industry trends, company performance, and sector dynamics, with a focus on midstream companies operating in transport, storage, distribution, and wholesale marketing.

    Utilizing its research specialty in the natural gas value chain, Samsung Asset Management serves as the sub-adviser.

    “Due to a declared National Energy Emergency, the U.S. will be actively expanding natural gas production and infrastructure, leading to significant investment and capital commitment to this important segment of the energy market,” said Christian Magoon, CEO of Amplify ETFs. “USNG is positioned to actively navigate the opportunities and challenges of this growth industry.”

    Leveraging natural gas in major energy infrastructure projects and as a tool to address the National Energy Emergency is rapidly becoming a priority for policymakers and corporations alike. The midstream, upstream, and downstream segments may benefit from increased volume driven by electrification, data center expansion, and growth in liquid natural gas exports. USNG stands out as a vehicle to capture growth and income potential in the natural gas industry.

    “We are proud to continue building our U.S. ETF lineup in partnership with Amplify ETFs,” said Gina Lee, President of Samsung Asset Management New York. “Samsung brings extensive global experience in the natural gas space and significant research capabilities to USNG, helping investors access the full value chain of the U.S. natural gas infrastructure market.”

    Learn more about USNG at AmplifyETFs.com/USNG

    About Amplify ETFs
    Amplify ETFs, sponsored by Amplify Investments, has over $10 billion in assets across its suite of ETFs (as of 4/30/2025). Amplify ETFs delivers expanded investment opportunities for investors seeking growth, income, and risk-managed strategies across a range of actively managed and index-based ETFs. To learn more, visit AmplifyETFs.com.

    Carefully consider the Fund’s investment objectives, risks, charges, and expenses before investing. This and other information can be found in the Fund’s statutory and summary prospectuses, which may be obtained at amplifyetfs.com. Read the prospectus carefully before investing.

    Investing involves risk including the possible loss of principal. You could lose money by investing in the Fund. As an actively managed fund, there is no guarantee the investment objective will be met.  Being new, the fund has a limited operating history to evaluate. As a non-diversified fund, its performance and Share price are more prone to volatility from individual investments.

    Investments in energy companies can be influenced by cyclical markets, price fluctuations, regulation, economic shifts, technology, and geopolitical instability. Risks for natural gas companies include alternative fuels, price volatility, interest rates, and developments like renewable energy growth and evolving regulations. Utilities companies include risks related to financing, environmental costs, market factors, and political influences.

    Materials companies are impacted by commodity price fluctuations, economic cycles, environmental liabilities, and regulations, all of which can affect their returns. Small and mid-cap companies may face higher market risk, greater price volatility, and lower liquidity than larger firms.

    Investments in MLPs involve unique risks, such as price volatility, illiquidity, limited investor control, potential conflicts of interest, dilution risks, and insufficient cash flow to meet operating requirements. MLPs may also face industry-specific challenges and macroeconomic pressures. The Fund’s returns depend on MLPs being taxed as partnerships, not corporations. Changes in tax laws or policies can reduce MLP cash distributions and negatively affect the Fund’s investments.

    Amplify ETFs are distributed by Foreside Fund Services, LLC.

    1EQT Corporation and Samsung Asset Management
    2The United States remained the world’s largest liquefied natural gas exporter in 2024 – U.S. Energy Information Administration (EIA)

    The MIL Network –

    May 20, 2025
  • MIL-OSI: OTC Markets Group Welcomes Currency Exchange International Corp. to the OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, May 20, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Currency Exchange International Corp. (TSX: CXI; OTCQX: CURN), which provides comprehensive foreign exchange technology and processing services, has qualified to trade on the OTCQX® Best Market. Currency Exchange International Corp upgraded to OTCQX from the Pink® market.

    Currency Exchange International Corp. begins trading today on OTCQX under the symbol “CURN.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    “We are pleased to commence trading on the OTCQX,” said Randolph Pinna, President and CEO of Currency Exchange International Corp. “As a Florida, U.S.A based company, this important step aligns with our strategy to increase Currency Exchange International Corp.’s U.S. shareholder base while strengthening shareholder engagement with investors. This market upgrade will improve our exposure to a broader group of institutional and retail investors.”

    Upgrading to the OTCQX Market is an important step for companies seeking to provide transparent trading for their U.S. investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance and demonstrate compliance with applicable securities laws.

    About Currency Exchange International Corp.
    Currency Exchange International is in the business of providing comprehensive foreign exchange technology and processing services for banks, credit unions, businesses, and consumers in the United States and select clients globally. Primary products and services include the exchange of foreign currencies, wire transfer payments, Global EFTs, and foreign cheque clearing. Wholesale customers are served through its proprietary FX software applications delivered on its web-based interface, www.cxifx.com (“CXIFX”), its related APIs with core banking platforms, and through personal relationship managers. Consumers are served through Group-owned retail branches, agent retail branches, and its e-commerce platform, order.ceifx.com (“OnlineFX”).

    About OTC Markets Group Inc.
    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our three public markets: OTCQX® Best Market, OTCQB® Venture Market and Pink® Open Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATSTM are each an SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC.

    To learn more about how we create better informed and more efficient markets, visit www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network –

    May 20, 2025
  • MIL-OSI: DT Midstream Achieves Investment Grade Credit Rating

    Source: GlobeNewswire (MIL-OSI)

    DETROIT, May 20, 2025 (GLOBE NEWSWIRE) — DT Midstream, Inc. (NYSE: DTM) announced that it has achieved an investment grade rating with two agencies:

    1. Moody’s Ratings upgraded DTM’s credit rating to Baa3 with a stable outlook on May 16, 2025; and
    2. Fitch Ratings upgraded DTM’s credit rating to BBB- with a stable outlook on October 3, 2024.

    With investment grade ratings from these two credit agencies, DTM expects an improvement in liquidity and reduced interest expense.

    “Achievement of an investment grade credit rating was a strategic goal we had since we became a standalone public company,” said David Slater, President and CEO. “The ratings upgrades are a recognition of the strength of our balance sheet and the quality and scale of our business.”

    About DT Midstream

    DT Midstream (NYSE: DTM) is an owner, operator and developer of natural gas interstate and intrastate pipelines, storage and gathering systems, compression, treatment and surface facilities. The company transports clean natural gas for utilities, power plants, marketers, large industrial customers and energy producers across the Southern, Northeastern and Midwestern United States and Canada. The Detroit-based company offers a comprehensive, wellhead-to-market array of services, including natural gas transportation, storage and gathering. DT Midstream is transitioning towards net zero greenhouse gas emissions by 2050, including a plan of achieving 30% of its carbon emissions reduction by 2030. For more information, please visit the DT Midstream website at www.dtmidstream.com.

    Forward-looking Statements

    This release contains statements which, to the extent they are not statements of historical or present fact, constitute “forward-looking statements” under the securities laws. These forward-looking statements are intended to provide management’s current expectations or plans for our future operating and financial performance, business prospects, outcomes of regulatory proceedings, market conditions, and other matters, based on what we believe to be reasonable assumptions and on information currently available to us.

    Forward-looking statements can be identified by the use of words such as “believe,” “expect,” “expectations,” “plans,” “strategy,” “prospects,” “estimate,” “project,” “target,” “anticipate,” “will,” “should,” “see,” “guidance,” “outlook,” “confident” and other words of similar meaning. The absence of such words, expressions or statements, however, does not mean that the statements are not forward-looking. In particular, express or implied statements relating to future earnings, cash flow, results of operations, uses of cash, tax rates and other measures of financial performance, future actions, conditions or events, potential future plans, strategies or transactions of DT Midstream, and other statements that are not historical facts, are forward-looking statements.

    Forward-looking statements are not guarantees of future results and conditions, but rather are subject to numerous assumptions, risks, and uncertainties that may cause actual future results to be materially different from those contemplated, projected, estimated, or budgeted. Many factors may impact forward-looking statements of DT Midstream including, but not limited to, the following: changes in general economic conditions, including increases in interest rates and associated Federal Reserve policies, a potential economic recession, and the impact of inflation on our business; industry changes, including the impact of consolidations, alternative energy sources, technological advances, infrastructure constraints and changes in competition; changes in global trade policies and tariffs; global supply chain disruptions; actions taken by third-party operators, producers, processors, transporters and gatherers; changes in expected production from Expand Energy and other third parties in our areas of operation; demand for natural gas gathering, transmission, storage, transportation and water services; the availability and price of natural gas to the consumer compared to the price of alternative and competing fuels; our ability to successfully and timely implement our business plan; our ability to complete organic growth projects on time and on budget; our ability to finance, complete, or successfully integrate acquisitions; our ability to realize the anticipated benefits of the Midwest Pipeline Acquisition and our ability to manage the risks of the Midwest Pipeline Acquisition; the price and availability of debt and equity financing; restrictions in our existing and any future credit facilities and indentures; the effectiveness of our information technology and operational technology systems and practices to detect and defend against evolving cyber attacks on United States critical infrastructure; changing laws regarding cybersecurity and data privacy, and any cybersecurity threat or event; operating hazards, environmental risks, and other risks incidental to gathering, storing and transporting natural gas; geologic and reservoir risks and considerations; natural disasters, adverse weather conditions, casualty losses and other matters beyond our control; the impact of outbreaks of illnesses, epidemics and pandemics, and any related economic effects; the impacts of geopolitical events, including the conflicts in Ukraine and the Middle East; labor relations and markets, including the ability to attract, hire and retain key employee and contract personnel; large customer defaults; changes in tax status, as well as changes in tax rates and regulations; the effects and associated cost of compliance with existing and future laws and governmental regulations, such as the Inflation Reduction Act; changes in environmental laws, regulations or enforcement policies, including laws and regulations relating to pipeline safety, climate change and greenhouse gas emissions; changes in laws and regulations or enforcement policies, including those relating to construction and operation of new interstate gas pipelines, ratemaking to which our pipelines may be subject, or other non-environmental laws and regulations; our ability to qualify for federal income tax credits by Clean Fuels Gathering; our ability to develop low carbon business opportunities and deploy greenhouse gas reducing technologies; changes in insurance markets impacting costs and the level and types of coverage available; the timing and extent of changes in commodity prices; the success of our risk management strategies; the suspension, reduction or termination of our customers’ obligations under our commercial agreements; disruptions due to equipment interruption or failure at our facilities, or third-party facilities on which our business is dependent; the effects of future litigation; and the risks described in our Annual Report on Form 10-K for the year ended December 31, 2024 and our reports and registration statements filed from time to time with the SEC.

    The above list of factors is not exhaustive. New factors emerge from time to time. We cannot predict what factors may arise or how such factors may cause actual results to vary materially from those stated in forward-looking statements, see the discussion under the section entitled “Risk Factors” in our Annual Report for the year ended December 31, 2024, filed with the SEC on Form 10-K and any other reports filed with the SEC. Given the uncertainties and risk factors that could cause our actual results to differ materially from those contained in any forward-looking statement, you should not put undue reliance on any forward-looking statements.

    Any forward-looking statements speak only as of the date on which such statements are made. We are under no obligation to, and expressly disclaim any obligation to, update or alter our forward-looking statements, whether as a result of new information, subsequent events or otherwise.

    The MIL Network –

    May 20, 2025
  • MIL-OSI United Kingdom: expert reaction to World Health Assembly adopting WHO Pandemic Agreement

    Source: United Kingdom – Science Media Centre

    May 20, 2025

    Scientists comment on the World Health Assembly adopting the World Health Organisation’s (WHO) Pandemic Agreement.

    Prof Sir Andrew Pollard, Director of the Oxford Vaccine Group; and Ashall Professor of Infection and Immunity at the Pandemic Sciences Institute, University of Oxford, said:

    “The pandemic agreement is an important endorsement of a globally collegiate approach to tackling the existential threat we face from a future pandemic.  It recognises the particular challenges highlighted by the COVID19 pandemic around equity in access to life saving vaccines and drugs, the geographical boundaries caused by limited global manufacturing capability and nationalism.  The agreement also highlights the importance of international research coordination so that we are better prepared for the next one.  It shows a level of cooperation and coordination that could make the world a safer place, but the real test of such a document is in its execution.  It is heavily dependent on the actions of the world’s major powers today to lay the groundwork in surveillance, strengthening of health systems distributed manufacturing and research, all of which are severely hampered by the current political and economic headwinds.  We will also critically need such cooperation to remain strong in the face of the next life-threatening microbial invasion of national borders, which will challenge even the most resolute political minds.”

     

    Prof Mishal Khan, Professor of Global Public Health, London School of Hygiene & Tropical Medicine, said:

    “It’s been a huge challenge to get to this point so the fact that this has now been formally agreed at the World Health Assembly, is very welcome.

    “But in reality we won’t know how useful this agreement is until the next pandemic hits.

    “A key question is around whether countries will voluntarily comply with the terms and, if not, how enforceable is it.  Past experience, for example with the International Health Regulations, suggests that powers to enforce will be limited.

    “The success of this treaty will also depend on each country’s capacity to contribute to potentially valuable elements such as the Pathogen Access and Benefit-Sharing System through collecting and sharing high-quality data.

    “It’s concerning that the US will not be bound to the treaty and has not been part of the final discussions, leaving us unsure what its approach to resource and data sharing will be in future disease outbreaks.

    “We must continue to strengthen and support capacity globally to ensure the agreement is equitable and has the best chance of being effective in protecting the world from pandemics.”

     

    Prof Alice Norton, Associate Professor, Pandemic Sciences Institute, University of Oxford, said:

    “The adoption of the Pandemic Agreement by the 78th World Health Assembly today is welcome news for global health security.

    “Article 9 on research and development was one of the first to be unanimously agreed by member state negotiators.  This recognises the ability for science to get us out of a pandemic, as was the case for COVID-19, showing that unlike many other natural disasters we can mitigate the risks and impacts of pandemics through science.

    “Respect for human rights, equity, solidarity and science-based evidence are all key principles rightly enshrined in the Agreement.

    “What will be needed now is the political will and sustainable financing so that all countries can make the Agreement a reality.

    “It is a mistake to believe that our recent experience of a pandemic means we are safe for a while.  The threat of epidemic and pandemic diseases that could devastate lives, livelihoods and economies still loom large.

    “Recent global health funding cuts only serve to worsen our preparedness and response capabilities.  After today’s announcement, governments must now step-up and put the Agreement’s principles into practice.”

    Prof Martin Antonio, Professor of Molecular Microbiology and Global Health based at the MRC Unit The Gambia at LSHTM, and Co-Director of the LSHTM Centre for Epidemic Preparedness and Response, said:

    “Having all WHO member states (except the US) endorsing the treaty is a big leap forward in the fight against future pandemics.  Crucially it will accelerate appropriate action, for example the commitment we need to enable vaccines to be developed quickly and made globally accessible within the 100 days mission target set by CEPI.

    “This is a global agreement and will only work with global support.  But to make these measures effective, we must also push for investment in regional measures such as the development of ‘pandemic’ manufacturing facilities in Africa in support of diagnostics, vaccines, and other interventions.”

     

    Dr Richard Hatchett, CEO of CEPI, said:

    “Rebecca Solnit once wrote that ‘Perfection is a stick with which to beat the possible.’  Is the Pandemic Agreement perfect?  No.  But no such international agreement can be.

    “Does it represent a huge step forward, in terms of recognising the threat that pandemics pose and as a binding expression of solidarity against this common threat?  Absolutely.  It is now a defining feature of the landscape, under the canopy of which all our efforts going forward will be conducted.

    “Is there a great deal of practical work still to be done to make the world safe from pandemics?  Of course.

    “But this is a moment to celebrate!  And also a moment to rededicate ourselves to the hard work of pandemic prevention, preparedness, and response.”

     

    CEPI statement on the adoption of the Pandemic Agreement: 

    CEPI commends the commitment of countries and negotiators to advancing this once-in-a-generation opportunity to make the world a safer place.  By their nature, pandemics can only be effectively tackled through international cooperation and the adoption of the Pandemic Agreement represents an historic step forward in this regard.  It seeks to drive systemic change that will address the inequity that characterized the response to COVID-19 and brings us closer to realizing the 100 Days Mission goal to respond to future pandemic threats with a new vaccine in just three months.  

    CEPI stands ready to support the implementation of the Pandemic Agreement, including: 

    • Requirements for publicly-funded R&D to include equitable access obligations – such as affordable pricing terms, technology transfer, information sharing;
    • Commitments to support sustainable and geographically distributed production facilities with the capability to scale up for rapid response in a health emergency;
    • The establishment of a multilateral pathogen benefits sharing system that supports rapid and efficient sharing of samples and data on pathogens with pandemic potential to expedite R&D for medical countermeasures.  This, together with a global supply chain and logistics network, will help to strengthen research and innovation and support global access to medical countermeasures based on public health need rather than ability to pay.

    While we celebrate today’s achievement, we must also recognise that the Agreement on its own will not deliver the level of pandemic preparedness the world urgently needs.

    It will take sustained investment, enduring political commitment and unprecedented scientific collaboration to create the systemic change needed to protect not just our own generation, but generations to come.  

     

    Dr Daniela Manno, Clinical Assistant Professor, London School of Hygiene & Tropical Medicine, said:

    “We know pandemics do not respect borders.  COVID-19 demonstrated how quickly infectious diseases can spread and underscored the importance of international cooperation for early detection and response.

    “Adopting this first global agreement on pandemic preparedness and response is a major milestone.  It signals a global commitment to avoiding the fragmented and unequal responses of past crises, and to promoting greater solidarity and equity in future health emergencies.

    “It shows that countries are willing to work together more effectively and more fairly, through timely data sharing, coordinated rapid responses, and fair access to vaccines, diagnostics and treatments.

    “However, while the treaty marks important progress, concerns remain about its strength and enforceability.  For example, the proposal to create a Coordinating Financial Mechanism is a positive step, but it lacks firm commitments to new, long-term funding streams, specifically for low- and middle-income countries.  Without clear financial provisions, LMICs may face increased debt or be forced to divert funding from other essential health services to meet treaty obligations.

    “While the treaty references inclusiveness and community engagement, there needs to be a greater emphasis on integrating local knowledge and enabling community-led decision-making.  This is crucial to avoid top-down approaches that may not reflect the needs and realities of diverse communities, particularly in LMICs.”

     

    Dr Michael Head, Senior Research Fellow in Global Health, University of Southampton, said:

    “The WHO Pandemic Agreement is quite a triumph for diplomacy, and will rely hugely on cooperations from the member states.  The draft agreement is full of words such as equity, respect and solidarity.  This is where the WHO is very strong, in providing expert guidance from an ethical and practical standpoint that applies across the world.  However, the Organization does not have much of a role in any legal enforcement.

    “The Agreement makes reference to the International Health Regulations (IHR) 2005.  Member states have a legal obligation to adhere to the IHR, although it’s not fully clear what would happen if a country chooses not to.

    “For example, the USA are technically still a member of WHO, with a one year notice period for withdrawal put forward by the Trump government.  Given their recent commentary on national and global health, one can imagine they may not comply with regulations both currently in place and proposed here under the Agreement.”

    https://apps.who.int/gb/ebwha/pdf_files/WHA78/A78_10-en.pdf

    https://www.who.int/news/item/19-05-2025-member-states-approve-who-pandemic-agreement-in-world-health-assembly-committee–paving-way-for-its-formal-adoption

    https://www.who.int/news/item/20-05-2025-world-health-assembly-adopts-historic-pandemic-agreement-to-make-the-world-more-equitable-and-safer-from-future-pandemics

     

     

    Declared interests

    Prof Sir Andrew Pollard:“Professor Pollard is chair of JCVI which provides independent scientific advice on vaccines to DHSC.  The comment above is given in a personal capacity.”

    Prof Mishal Khan: “No conflicts.”

    Prof Alice Norton: “Professor Alice Norton receives a research grant from the World Health Organization – this does not relate to the Pandemic Agreement.”

    Dr Richard Hatchett: “No conflicts of interest to declare.”

    Dr Michael Head: “No COI from me (and not involved in the Pandemic Treaty in any way).”

    For all other experts, no reply to our request for DOIs was received.

    MIL OSI United Kingdom –

    May 20, 2025
  • MIL-OSI Europe: 2025 Scholarship for Peace and Security online component concludes following record number of applications

    Source: Organization for Security and Co-operation in Europe – OSCE

    Headline: 2025 Scholarship for Peace and Security online component concludes following record number of applications

    The online component of the 2025 OSCE Scholarship for Peace and Security concluded on 16 May. In total, 137 young professionals, selected from a pool of over 2,500 applicants, completed six weeks of intensive virtual learning and live discussions.
    The OSCE Scholarship for Peace and Security, with its strong focus on youth empowerment, contributes to building a new generation of leaders. Conflict prevention and resolution in the context of arms control, disarmament, and non-proliferation were the focus of the discussions between the participants and the instructors. The training programme covered a wide range of topics, including conventional arms control, non-proliferation of small arms and light weapons, weapons of mass destruction, and the prevention of terrorism and violent extremism.
    “I now understand so much more about the challenges facing today’s security architecture, the importance of cross-cutting issues, and the vital work the OSCE does to uphold the principles of peacebuilding and conflict resolution,” said Manizha, a participant from Tajikistan.
    Another participant, Aysenur from Turkiye, highlighted that the programme not only increased her understanding of arms control and disarmament issues in general but also gave her a deep insight into the OSCE’s comprehensive approach to security.
    Looking ahead, a group of selected graduates will be invited to Vienna in November for an on-site training on the work of various international organizations and diplomatic negotiations.
    A closing event was held with this year’s participants and representatives from the OSCE participating States supporting the programme; Andorra, Finland, Germany, Italy, Latvia, Spain and the United States.

    MIL OSI Europe News –

    May 20, 2025
  • MIL-OSI: Bilibili Inc. Announces First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, May 20, 2025 (GLOBE NEWSWIRE) — Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2025.

    First Quarter 2025 Highlights:

    • Total net revenues were RMB7.00 billion (US$965.1 million), representing an increase of 24% year over year.
      • Advertising revenues were RMB2.00 billion (US$275.3 million), representing an increase of 20% year over year.
      • Mobile games revenues were RMB1.73 billion (US$238.6 million), representing an increase of 76% year over year.
    • Gross profit was RMB2.54 billion (US$349.9 million), representing an increase of 58% year over year. Gross profit margin reached 36.3%, improving from 28.3% in the same period of 2024.
    • Net loss was RMB10.7 million (US$1.5 million), narrowing by 99% year over year.
    • Adjusted net profit1 was RMB361.5 million (US$49.8 million), compared with an adjusted net loss of RMB455.9 million in the same period of 2024.
    • Operating cash flow was RMB1.30 billion (US$179.4 million), compared with RMB637.7 million in the same period of 2024.
    • Average daily active users (DAUs) were 106.7 million, compared with 102.4 million in the same period of 2024.

    “We kicked off 2025 with strong financial results and healthy community metrics in the first quarter,” said Mr. Rui Chen, Chairman and Chief Executive Officer of Bilibili. “Our DAUs reached 107 million, while MAUs hit a new high of 368 million. As our user base matured—with the average age rising to 26 in 2025—users remained highly engaged and demonstrated growing spending power. Average daily time spent per user hit a record of 108 minutes, and our monthly paying users reached an all-time high of 32 million. With the increasing value of our users and improved monetization efficiency, our total net revenues for the first quarter grew 24% year over year to RMB7.0 billion. Building on this strong momentum, we will continue to unlock the potential of our community by offering more efficient and enhanced commercial solutions. As the go-to video platform for premium content and a vibrant creative culture, Bilibili is uniquely positioned to capture emerging opportunities and sustain long-term growth.”

    Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “In the first quarter, we accelerated revenue growth and expanded our margins. This was driven by outstanding performances from our high-margin advertising and games businesses, which grew by 20% and 76% year over year, respectively. Gross profit increased by 58% year over year, with our gross profit margin rising to 36.3%, up from 28.3% in the same period last year. Supported by our robust topline and margin gains, we sustained an adjusted net profit of RMB361.5 million. Our virtuous operating cycle continues to drive robust operating cash flow, generating RMB1.30 billion in the quarter. Moving forward, we will continue to focus on profitable growth by scaling our business and community through efficient, sustainable operations, and delivering long-term value to our shareholders.”

    First Quarter 2025 Financial Results

    Total net revenues. Total net revenues were RMB7.00 billion (US$965.1 million), representing an increase of 24% from the same period of 2024.

    Value-added services (VAS). Revenues from VAS were RMB2.81 billion (US$386.9 million), representing an increase of 11% from the same period of 2024, mainly attributable to increased revenues from live broadcasting and other value-added services.

    Advertising. Revenues from advertising were RMB2.00 billion (US$275.3 million), representing an increase of 20% from the same period of 2024, mainly attributable to strong revenue growth in performance-based advertising.

    Mobile games. Revenues from mobile games were RMB1.73 billion (US$238.6 million), representing an increase of 76% from the same period of 2024, mainly attributable to the strong performance of the Company’s exclusively licensed game, San Guo: Mou Ding Tian Xia.

    IP derivatives and others. Revenues from IP derivatives and others were RMB467.1 million (US$64.4 million), representing a decrease of 4% from the same period of 2024.

    Cost of revenues. Cost of revenues was RMB4.46 billion (US$615.2 million), representing an increase of 10% from the same period of 2024. The increase was mainly due to higher revenue-sharing costs and was partially offset by lower content costs. Revenue-sharing costs, a key component of cost of revenues, were RMB2.67 billion (US$368.1 million), representing an increase of 19% from the same period of 2024, mainly due to an increase in mobile games-related revenue-sharing costs.

    Gross profit. Gross profit was RMB2.54 billion (US$349.9 million), representing an increase of 58% from the same period of 2024, mainly attributable to the growth in total net revenues and relatively stable costs related to platform operations as the Company enhanced its monetization efficiency.

    Total operating expenses. Total operating expenses were RMB2.52 billion (US$347.8 million), representing an increase of 4% from the same period of 2024.

    Sales and marketing expenses. Sales and marketing expenses were RMB1.17 billion (US$160.8 million), representing a 26% increase from the same period of 2024. The increase was primarily attributable to one-off marketing expenses related to the Company’s partnership with CCTV for the 2025 Spring Festival Gala as the exclusive bullet chat live broadcasting and content platform, as well as higher year-over-year promotion expenses for the Company’s exclusively licensed game, San Guo: Mou Ding Tian Xia.

    General and administrative expenses. General and administrative expenses were RMB515.6 million (US$71.1 million), representing a decrease of 3% compared with the same period of 2024.

    Research and development expenses. Research and development expenses were RMB841.5 million (US$116.0 million), representing a 13% decrease from the same period of 2024. The decrease was mainly attributable to improved research and development efficiency.

    Profit/(loss) from operations. Profit from operations was RMB15.0 million (US$2.1 million), compared with a loss of RMB818.6 million from the same period of 2024.

    Adjusted profit/(loss) from operations1. Adjusted profit from operations was RMB342.5 million (US$47.2 million), compared with an adjusted loss from operations of RMB512.2 million from the same period of 2024.

    Total other (expenses)/income, net. Total other expenses were RMB14.1 million (US$1.9 million), compared with total other income of RMB55.5 million in the same period of 2024.

    Income tax expense. Income tax expense was RMB11.6 million (US$1.6 million), compared with RMB1.6 million in the same period of 2024.

    Net loss. Net loss was RMB10.7 million (US$1.5 million), narrowing by 99% year over year.

    Adjusted net profit/(loss)1. Adjusted net profit was RMB361.5 million (US$49.8 million), compared with an adjusted loss of RMB455.9 million in the same period of 2024.

    Basic and diluted EPS and adjusted basic and diluted EPS1. Basic and diluted net loss per share were RMB0.02 (US$0.00) each, compared with basic and diluted net loss per share of RMB1.80 each in the same period of 2024. Adjusted basic and diluted net profit per share were RMB0.86 (US$0.12) and RMB0.85 (US$0.12), respectively, compared with an adjusted basic and diluted net loss per share of RMB1.06 each in the same period of 2024.

    Net cash provided by operating activities. Net cash provided by operating activities was RMB1.30 billion (US$179.4 million), compared with RMB637.7 million in the same period of 2024.

    Cash and cash equivalents, time deposits and short-term investments. As of March 31, 2025, the Company had cash and cash equivalents, time deposits and short-term investments of RMB17.40 billion (US$2.40 billion).

    Convertible Senior Notes. As of March 31, 2025, the aggregate outstanding principal amount of April 2026 Notes, 2027 Notes and December 2026 Notes was US$13.4 million (RMB96.2 million).

    Changes in Board Committees

    The Company’s board of directors (the “Board”) approved the separation of the Nominating and Corporate Governance Committee into two distinct committees. Effective from May 20, 2025, the Nomination Committee and the Corporate Governance Committee will each operate under separate charters with defined functions and responsibilities. The Nomination Committee will comprise Mr. JP Gan, Mr. Eric He, Mr. Feng Li and Ms. Ni Li, with Mr. JP Gan serving as chairperson. The Corporate Governance Committee will comprise Mr. JP Gan, Mr. Eric He and Mr. Feng Li, with Mr. JP Gan serving as chairperson. Charters of each communitee will be published on the Company’s investor relations website at http://ir.bilibili.com and The Stock Exchange of Hong Kong Limited website at www.hkexnews.hk.

    1 Adjusted profit/(loss) from operations, adjusted net profit/(loss), and adjusted basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results.”

    Conference Call

    The Company’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on May 20, 2025 (8:00 PM Beijing/Hong Kong Time on May 20, 2025). Details for the conference call are as follows:

    All participants must use the link provided above to complete the online registration process in advance of the conference call. Upon registering, each participant will receive a set of participant dial-in numbers and a personal PIN, which will be used to join the conference call.

    Additionally, a live webcast of the conference call will be available on the Company’s investor relations website at http://ir.bilibili.com, and a replay of the webcast will be available following the session.

    About Bilibili Inc.

    Bilibili is an iconic brand and a leading video community with a mission to enrich the everyday lives of young generations in China. Bilibili offers a wide array of video-based content with All the Videos You Like as its value proposition. Bilibili builds its community around aspiring users, high-quality content, talented content creators and the strong emotional bonds among them. Bilibili pioneered the “bullet chatting” feature, a live comment function that has transformed our users’ viewing experience by displaying the thoughts and feelings of audience members viewing the same video. The Company has now become the welcoming home of diverse interests among young generations in China and the frontier for promoting Chinese culture across the world.

    For more information, please visit: http://ir.bilibili.com.

    Use of Non-GAAP Financial Measures

    The Company uses non-GAAP measures, such as adjusted profit/(loss) from operations, adjusted net profit/(loss), adjusted net profit/(loss) per share and per ADS, basic and diluted and adjusted net profit/(loss) attributable to the Bilibili Inc.’s shareholders in evaluating its operating results and for financial and operational decision-making purposes. The Company believes that the non-GAAP financial measures help identify underlying trends in its business by excluding the impact of share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions, income tax related to intangible assets acquired through business acquisitions, gain/loss on fair value change in investments in publicly traded companies, and gain/loss on repurchase of convertible senior notes. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

    The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP and therefore, may not be comparable to similar measures presented by other companies. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, cash flows or liquidity, investors should not consider them in isolation, or as a substitute for net loss, cash flows provided by operating activities or other consolidated statements of operations and cash flows data prepared in accordance with U.S. GAAP.

    The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance.

    For more information on the non-GAAP financial measures, please see the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results.”

    Exchange Rate Information

    This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB7.2567 to US$1.00, the exchange rate on March 31, 2025 set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred to could be converted into US$ or RMB, as the case may be, at any particular rate or at all.

    Safe Harbor Statement

    This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continue,” or other similar expressions. Among other things, outlook and quotations from management in this announcement, as well as Bilibili’s strategic and operational plans, contain forward-looking statements. Bilibili may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in its interim and annual reports to shareholders, in announcements, circulars or other publications made on the website of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Bilibili’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: results of operations, financial condition, and stock price; Bilibili’s strategies; Bilibili’s future business development, financial condition and results of operations; Bilibili’s ability to retain and increase the number of users, members and advertising customers, provide quality content, products and services, and expand its product and service offerings; competition in the online entertainment industry; Bilibili’s ability to maintain its culture and brand image within its addressable user communities; Bilibili’s ability to manage its costs and expenses; PRC governmental policies and regulations relating to the online entertainment industry, general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission and the Hong Kong Stock Exchange. All information provided in this announcement and in the attachments is as of the date of the announcement, and the Company undertakes no duty to update such information, except as required under applicable law.

    For investor and media inquiries, please contact:

    In China:

    Bilibili Inc.
    Juliet Yang
    Tel: +86-21-2509-9255 Ext. 8523
    E-mail: ir@bilibili.com

    Piacente Financial Communications 
    Helen Wu
    Tel: +86-10-6508-0677
    E-mail: bilibili@tpg-ir.com

    In the United States:

    Piacente Financial Communications 
    Brandi Piacente
    Tel: +1-212-481-2050
    E-mail: bilibili@tpg-ir.com

    BILIBILI INC.
    Unaudited Condensed Consolidated Statements of Operations
    (All amounts in thousands, except for share and per share data)
     
      For the Three Months Ended
      March
    31,
      December
    31,
      March
    31,
      2024    2024    2025 
      RMB   RMB   RMB
               
    Net revenues:          
    Value-added services (VAS) 2,528,909     3,083,071     2,807,340  
    Advertising 1,668,584     2,388,673     1,997,635  
    Mobile games 982,810     1,797,537     1,731,155  
    IP derivatives and others 484,297     464,880     467,118  
    Total net revenues 5,664,600     7,734,161     7,003,248  
    Cost of revenues (4,059,240 )   (4,945,945 )   (4,464,150 )
    Gross profit 1,605,360     2,788,216     2,539,098  
               
    Operating expenses:          
    Sales and marketing expenses (927,059 )   (1,236,593 )   (1,166,975 )
    General and administrative expenses (531,777 )   (505,861 )   (515,638 )
    Research and development expenses (965,120 )   (919,321 )   (841,477 )
    Total operating expenses (2,423,956 )   (2,661,775 )   (2,524,090 )
    (Loss)/profit from operations (818,596 )   126,441     15,008  
               
    Other income/(expenses):          
    Investment loss, net (including impairments) (21,249 )   (283,191 )   (62,203 )
    Interest income 133,207     110,150     94,173  
    Interest expense (31,574 )   (19,986 )   (32,571 )
    Exchange (losses)/gains (58,060 )   10,529     (11,659 )
    Debt extinguishment loss (20,980 )   (17,649 )   –  
    Others, net 54,183     139,107     (1,837 )
    Total other income/(expenses), net 55,527     (61,040 )   (14,097 )
    (Loss)/profit before income tax expenses (763,069 )   65,401     911  
    Income tax (expense)/benefit (1,562 )   23,533     (11,588 )
    Net (loss)/profit (764,631 )   88,934     (10,677 )
    Net loss attributable to noncontrolling interests 16,086     1,026     1,575  
    Net (loss)/profit attributable to the Bilibili Inc.’s shareholders (748,545 )   89,960     (9,102 )
    Net (loss)/profit per share, basic (1.80 )         0.22     (0.02 )
    Net (loss)/profit per ADS, basic (1.80 )   0.22     (0.02 )
    Net (loss)/profit per share, diluted (1.80 )   0.21     (0.02 )
    Net (loss)/profit per ADS, diluted (1.80 )   0.21     (0.02 )
    Weighted average number of ordinary shares, basic 415,274,340     417,829,038     420,086,397  
    Weighted average number of ADS, basic 415,274,340     417,829,038     420,086,397  
    Weighted average number of ordinary shares, diluted 415,274,340     424,208,294     420,086,397  
    Weighted average number of ADS, diluted 415,274,340     424,208,294     420,086,397  
               

    The accompanying notes are an integral part of press release.

    BILIBILI INC.
    NOTES TO UNAUDITED FINANCIAL INFORMATION
    (All amounts in thousands, except for share and per share data)
     
      For the Three Months Ended
      March
    31,
      December
    31,
      March
    31,
      2024   2024   2025
      RMB   RMB   RMB
               
    Share-based compensation expenses included in:          
    Cost of revenues 13,677   25,350   23,996
    Sales and marketing expenses 12,560   18,524   16,417
    General and administrative expenses 157,824   137,513   144,497
    Research and development expenses 80,525   113,649   105,855
    Total 264,586   295,036   290,765
     
    BILIBILI INC.
    Unaudited Condensed Consolidated Balance Sheets
    (All amounts in thousands, except for share and per share data)
     
      December
    31,
      March
    31,
      2024    2025 
      RMB   RMB
           
    Assets      
    Current assets:      
    Cash and cash equivalents 10,249,382     9,601,900  
    Time deposits 3,588,475     3,937,921  
    Restricted cash 50,000     50,950  
    Accounts receivable, net 1,226,875     1,007,515  
    Prepayments and other current assets 1,934,788     2,124,271  
    Short-term investments 2,706,535     3,856,835  
    Total current assets 19,756,055     20,579,392  
    Non-current assets:      
    Property and equipment, net 589,227     522,109  
    Production cost, net 1,851,207     1,753,344  
    Intangible assets, net 3,201,012     3,199,545  
    Goodwill 2,725,130     2,725,130  
    Long-term investments, net 3,911,592     3,919,494  
    Other long-term assets 664,277     581,476  
    Total non-current assets 12,942,445     12,701,098  
    Total assets 32,698,500     33,280,490  
    Liabilities      
    Current liabilities:      
    Accounts payable 4,801,416     4,983,062  
    Salary and welfare payables 1,599,482     1,200,571  
    Taxes payable 428,932     376,961  
    Short-term loan and current portion of long-term debt 1,571,836     1,818,124  
    Deferred revenue 3,802,307     3,848,682  
    Accrued liabilities and other payables 2,558,830     2,877,377  
    Total current liabilities 14,762,803     15,104,777  
    Non-current liabilities:      
    Long-term debt 3,264,153     3,264,089  
    Other long-term liabilities 567,631     531,276  
         Total non-current liabilities 3,831,784     3,795,365  
    Total liabilities 18,594,587     18,900,142  
           
    Total Bilibili Inc.’s shareholders’ equity 14,108,397     14,386,407  
    Noncontrolling interests (4,484 )   (6,059 )
    Total shareholders’ equity 14,103,913     14,380,348  
           
    Total liabilities and shareholders’ equity 32,698,500     33,280,490  
           
    BILIBILI INC.  
    Unaudited Selected Condensed Consolidated Cash Flows Data  
    (All amounts in thousands, except for share and per share data)  
       
      For the Three Months Ended  
      March
    31,
      December
    31,
      March
    31,
     
      2024   2024   2025  
      RMB   RMB   RMB  
                 
    Net cash provided by operating activities 637,697   1,400,988   1,302,095  
     
    BILIBILI INC.
    Unaudited Reconciliations of GAAP and Non-GAAP Results
    (All amounts in thousands, except for share and per share data)
     
      For the Three Months Ended
      March
    31,
      December
    31,
      March
    31,
      2024    2024    2025 
      RMB   RMB   RMB
    (Loss)/profit from operations (818,596 )   126,441     15,008  
    Add:          
    Share-based compensation expenses 264,586     295,036     290,765  
    Amortization expense related to intangible assets acquired through business acquisitions 41,776     41,581     36,692  
    Adjusted (loss)/profit from operations (512,234 )   463,058     342,465  
               
    Net (loss)/profit (764,631 )   88,934     (10,677 )
    Add:          
    Share-based compensation expenses 264,586     295,036     290,765  
    Amortization expense related to intangible assets acquired through business acquisitions 41,776     41,581     36,692  
    Income tax related to intangible assets acquired through business acquisitions (5,407 )   (5,358 )   (4,136 )
    (Gain)/loss on fair value change in investments in publicly traded companies (13,186 )   14,177     48,869  
    Loss on repurchase of convertible senior notes 20,980     17,649     –  
    Adjusted net (loss)/profit (455,882 )   452,019     361,513  
               
    Net loss attributable to noncontrolling interests 16,086     1,026     1,575  
    Adjusted net (loss)/profit attributable to the Bilibili Inc.’s shareholders (439,796 )   453,045     363,088  
    Adjusted net (loss)/profit per share, basic (1.06 )   1.08     0.86  
    Adjusted net (loss)/profit per ADS, basic (1.06 )   1.08     0.86  
    Adjusted net (loss)/profit per share, diluted (1.06 )   1.07     0.85  
    Adjusted net (loss)/profit per ADS, diluted (1.06 )   1.07     0.85  
    Weighted average number of ordinary shares, basic 415,274,340     417,829,038     420,086,397  
    Weighted average number of ADS, basic 415,274,340     417,829,038     420,086,397  
    Weighted average number of ordinary shares, diluted 415,274,340     424,208,294     425,602,954  
    Weighted average number of ADS, diluted 415,274,340     424,208,294     425,602,954  

    The MIL Network –

    May 20, 2025
  • MIL-OSI: Nykredit Realkredit A/S has received all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S – Nykredit Realkredit A/S

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR TO ANY JURISDICTION WHERE DOING SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

    Nykredit Realkredit A/S has received all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S

    20 May 2025

    Nykredit Realkredit A/S has received the Danish Competition and Consumer Authority’s approval, after which all regulatory approvals to complete the recommended, voluntary public tender offer for Spar Nord Bank A/S have been received

    In accordance with section 4(1) of the Danish Takeover Order1, Nykredit Realkredit A/S (“Nykredit”) announced on 10 December 2024 that Nykredit intended to submit a voluntary public tender offer (the “Offer”) to acquire all shares in Spar Nord Bank A/S (“Spar Nord Bank”), with the exception of Spar Nord Bank’s treasury shares, for a cash price of DKK 210 per share, valuing the aggregated issued share capital of Spar Nord Bank at DKK 24.7 billion. As stated in the supplement dated April 2, 2025, the offer price has subsequently been increased to DKK 210.50 per share.

    On 8 January 2025, Nykredit published the offer document regarding the Offer (the “Offer Document”), as approved by the Danish FSA in accordance with section 11 of the Danish Takeover Order. The Offer Document was most recently supplemented in a supplement of 23 April 2025.

    Nykredit today received the Danish Competition and Consumer Authority’s approval of Nykredit’s acquisition of sole control over Spar Nord Bank pursuant to part 4 of the Danish Competition Act. The last of the regulatory approvals which, in accordance with section 6.16 of the Offer Document, constitute the “Regulatory Condition” for the Offer has thus been received.

    Completion of the Offer is subject to the remaining conditions set out in section 6.6 of the Offer Document being satisfied.

    The Offer Period expires on 20 May 2025 at 23:59 (CEST). On 21 May 2025, Nykredit expects to publicly announce a preliminary compilation of the number of acceptances and announce whether the Offer will be finalised.

    Nykredit intends to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders, provided that Nykredit has obtained the necessary ownership interest, and the Offer has been completed. Spar Nord Bank shareholders who have opted not to accept the Offer, should expect that Nykredit, provided that the Offer is completed, will take steps to combine Nykredit Bank A/S and Spar Nord Bank, which will result in a further increase in Nykredit’s ownership interest in Spar Nord Bank. Not later than in continuation of the combination, Nykredit thus expects to hold a sufficient ownership interest to be able to delist Spar Nord Bank from trading on Nasdaq Copenhagen and complete a compulsory acquisition of the remaining Spar Nord Bank shareholders.

    After Nykredit Realkredit A/S has received all regulatory approvals to complete the voluntary tender offer for Spar Nord Bank A/S, Michael Rasmussen, Group Chief Executive, states:

    “We are pleased to have received the merger control approval from the Danish Competition and Consumer Authority. Spar Nord and Nykredit are both strong banks experiencing growth, customer inflows and high customer satisfaction.I look forward to soon welcoming customers and colleagues from Spar Nord.

    The Nykredit Group’s ‘Winning the Double’ strategy continues, because partnerships are a crucial part of our strategy. Our partners can therefore expect us to further engage and invest in our important communities in Totalkredit, BEC, Sparinvest, nærpension and Privatsikring. Partnerships that ensure that we together stand stronger in the Danish financial market and in our interaction with customers.”

    Questions and further information

    Any questions concerning the Offer may be directed to:

    Nykredit Bank A/S

    Company reg. (CVR) no.: 10 51 96 08

    Sundkrogsgade 25

    2150 Nordhavn
    Denmark

    Telephone: +45 7010 9000

    and

    Carnegie Investment Bank

    Filial af Carnegie Investment Bank AB (publ), Sverige

    Company reg. (CVR) no. 35 52 12 67

    Overgaden Neden Vandet 9B

    1414 Copenhagen K
    Denmark

    E-mail: annette.hansen@carnegie.dk

    For further information about the Offer, please see: https://www.nykredit.com/en-gb/offer-spar-nord/

    This announcement and the Offer Document (with supplements) are not directed at shareholders of Spar Nord Bank A/S whose participation in the Offer would require the issuance of an offer document, registration or activities other than what is required under Danish law (and, in the case of shareholders in the United States of America, Section 14(e) of, and applicable provisions of Regulation 14E promulgated under, the US Securities Exchange Act of 1934, as amended). The Offer is not made and will not be made, directly or indirectly, to shareholders resident in any jurisdiction in which the submission of the Offer or acceptance thereof would be in contravention of the laws of such jurisdiction. Any person coming into possession of this announcement, the Offer Document or any other document containing a reference to the Offer is expected and assumed to independently obtain all necessary information about any applicable restrictions and to observe these.

    This announcement does not constitute an offer or an invitation to purchase securities or a solicitation of an offer to purchase securities in accordance with the Offer or otherwise. The Offer will be submitted only in the form of the Offer Document (with supplements) approved by the FSA, which sets out the full terms and conditions of the Offer, including information on how to accept the Offer. The shareholders of Spar Nord Bank are advised to read the Offer Document and any related documents as they contain important information.

    Restricted jurisdictions

    The Offer is not made, and acceptance of the Offer to tender Spar Nord Bank shares is not accepted, neither directly nor indirectly, in or from any jurisdiction in which the making or acceptance of the Offer would not be in compliance with the laws of such jurisdiction or would require any registration, approval or any other measures with any regulatory authority not expressly contemplated by the Offer Document (the “Restricted Jurisdictions”). Neither the United States nor the United Kingdom is a Restricted Jurisdiction.

    Restricted Jurisdictions include, but are not limited to: Australia, Canada, Hong Kong, Japan, New Zealand and South Africa.

    Persons obtaining documents or information relating to the Offer (including custodians, account holding institutions, nominees, trustees, representatives, fiduciaries or other intermediaries) should not distribute, communicate, transfer or send these in or into a Restricted Jurisdiction or use mail or any other means of communication in or into a Restricted Jurisdiction in connection with the Offer. Persons (including, but not limited to, custodians, custodian banks, nominees, trustees, representatives, fiduciaries or other intermediaries) intending to communicate this announcement, the Offer Document, supplements or any related document to any jurisdiction outside Denmark or the United States should inform themselves about these restrictions before taking any action. Any failure to comply with these restrictions may constitute a violation of the laws of such jurisdiction, including securities laws. It is the responsibility of all Persons obtaining this announcement, the Offer Document, supplements, an acceptance form and/or other documents relating to the Offer, or into whose possession such documents otherwise come, to inform themselves about and observe all such restrictions.

    Nykredit is not responsible for ensuring that the distribution, dissemination or communication of this announcement, the Offer Document or supplements to shareholders outside Denmark, the United States and the United Kingdom is consistent with applicable law in any jurisdiction other than Denmark, the United States and the United Kingdom.

    Important Information for Shareholders in the United States

    The Offer concerns the shares in Spar Nord Bank, a public limited liability company incorporated and admitted to trading on a regulated market in Denmark, and is subject to the disclosure and procedural requirements of Danish law, including the Danish capital markets act and the Danish takeover order.

    The Offer is being made to shareholders in Spar Nord Bank in the United States in compliance with the applicable US tender offer rules under the U.S. Securities Exchange Act of 1934, as amended, (the “U.S. Exchange Act”), including Regulation 14E promulgated thereunder, subject to the relief available for a “Tier II” tender offer, and otherwise in accordance with the requirements of Danish law and practice

    Accordingly, US Spar Nord Bank shareholders should be aware that this announcement and any other documents regarding the Offer have been prepared in accordance with, and will be subject to, the disclosure and other procedural requirements, including with respect to withdrawal rights, the Offer timetable, settlement procedures and timing of payments of Danish law and practice, which may differ materially from those applicable under US domestic tender offer law and practice. In addition, the financial information contained in this announcement or the Offer Document has not been prepared in accordance with generally accepted accounting principles in the United States, or derived therefrom, and may therefore differ from, or not be comparable with, financial information of US companies.

    In accordance with the laws of, and practice in, Denmark and to the extent permitted by applicable law, including Rule 14e-5 under the U.S. Exchange Act, Nykredit, Nykredit’s affiliates or any nominees or brokers of the foregoing (acting as agents, or in a similar capacity, for Nykredit or any of its affiliates, as applicable) may from time to time, and other than pursuant to the Offer, directly or indirectly, purchase, or arrange to purchase, outside of the United States, shares in Spar Nord Bank or any securities that are convertible into, exchangeable for or exercisable for such shares in Spar Nord Bank before or during the period in which the Offer remains open for acceptance. These purchases may occur either in the open market at prevailing prices or in private transactions at negotiated prices. Any information about such purchases will be announced via Nasdaq Copenhagen and relevant electronic media if, and to the extent, such announcement is required under applicable law. To the extent information about such purchases or arrangements to purchase is made public in Denmark, such information will be disclosed by means of a press release or other means reasonably calculated to inform US shareholders of Spar Nord Bank of such information.

    In addition, subject to the applicable laws of Denmark and US securities laws, including Rule 14e-5 under the U.S. Exchange Act, the financial advisers to Nykredit or their respective affiliates may also engage in ordinary course trading activities in securities of Spar Nord Bank, which may include purchases or arrangements to purchase such securities.

    It may not be possible for US shareholders to effect service of process within the United States upon Spar Nord Bank, Nykredit or any of their respective affiliates, or their respective officers or directors, some or all of which may reside outside the United States, or to enforce against any of them judgments of the United States courts predicated upon the civil liability provisions of the federal securities laws of the United States or other US law. It may not be possible to bring an action against Nykredit, Spar Nord Bank and/or their respective officers or directors (as applicable) in a non-US court for violations of US laws. Further, it may not be possible to compel Nykredit and Spar Nord Bank or their respective affiliates, as applicable, to subject themselves to the judgment of a US court. In addition, it may be difficult to enforce in Denmark original actions, or actions for the enforcement of judgments of US courts, based on the civil liability provisions of the US federal securities laws.

    The Offer, if completed, may have consequences under US federal income tax and under applicable US state and local, as well as non-US, tax laws. Each shareholder of Spar Nord Bank is urged to consult its independent professional adviser immediately regarding the tax consequences of the Offer.

    NEITHER THE U.S. SECURITIES AND EXCHANGE COMMISSION NOR ANY SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY IN ANY STATE OF THE U.S. HAS APPROVED OR DECLINED TO APPROVE THE OFFER OR THIS ANNOUNCEMENT, PASSED UPON THE FAIRNESS OR MERITS OF THE OFFER OR PROVIDED AN OPINION AS TO THE ACCURACY OR COMPLETENESS OF THIS ANNOUNCEMENT OR ANY OFFER DOCUMENT. ANY REPRESENTATION TO THE CONTRARY IS A CRIMINAL OFFENCE IN THE UNITED STATES.


    1 Executive Order no. 636 of 15 May 2020

    Attachment

    • Announcement of final regulatory approval

    The MIL Network –

    May 20, 2025
  • MIL-OSI Asia-Pac: President Lai interviewed by Nippon Television and Yomiuri TV

    Source: Republic of China Taiwan

    Details
    2025-05-20
    President Lai delivers address on first anniversary of taking office  
    On the morning of May 20, President Lai Ching-te delivered an address on the first anniversary of his taking office. In his address, the president stated that the Taiwan of today is a Taiwan of the world, and whether it is global technological development, divisions of labor within international supply chains, worldwide economic and trade exchanges, or regional security matters, Taiwan plays a pivotal and indispensable role. He said that, looking forward, we will not cower in the face of challenges; rather, we will bravely march forward into the future. We will maintain solidarity, he emphasized, and with our resilience, perseverance, and enthusiasm as Taiwanese, forge ahead with transition, steadily and solidly.  President Lai stated that moving forward, the government will set up a fund to boost Taiwan’s economic momentum. He also stated that he will be instructing the national security team to initiate a major national security briefing for the chairs of opposition parties, in the hope that leaders of all parties can prioritize our nation’s interests and uphold our nation’s security so that we can tackle our nation’s challenges side by side. A translation of President Lai’s address follows: Yesterday, outside of Beida Elementary School in New Taipei City’s Sanxia District, there was a major traffic accident that, sadly, claimed several lives and resulted in multiple injuries. The Executive Yuan immediately formed a task force, and last night I personally visited the victims in hospital. Central government agencies and the local government will cooperate to provide assistance to the victims’ families. They will work as quickly as possible to determine the cause of the accident and assess areas for improvement, so as to prevent reoccurrence of accidents like this. Today, let me express my deepest condolences to the bereaved families for the unfortunate loss of life and my hope for the quick and full recovery of those injured. The purpose of government is to serve the people. I want to thank the people of Taiwan for entrusting me, one year ago today, with the responsibility of leading the nation bravely forward. I want to thank all my fellow citizens for working hand in hand with the government over this past year. Together, we have overcome numerous challenges to ensure that our nation will keep moving forward.  As we face three major challenges that receive international attention and create the largest impact on our citizens: climate change, the promotion of health, and social resilience, I decided to establish three committees at the Presidential Office. In each committee, we have thus far seen incremental progress. We are working to align ourselves with international standards. The voluntary bottom-up plans of different government agencies plus the top-down approach of the Executive Yuan National Council for Sustainable Development’s Net Zero Emissions Transition Taskforce have produced 20 flagship carbon reduction projects for six major sectors. The government is expected to continue to inject over NT$1 trillion in the budget for the net-zero transition by 2030; and we expect to spur at least NT$5 trillion in private green investment and financing as we work toward the new 2035 NDC target for emissions reductions of 38±2 percent. Taiwan’s air quality has been steadily improving. From 2015 to today, the annual average PM2.5 concentration has dropped from 21.82 to 12.8 μg/m3. Taiwan officially began collecting fees for its carbon fee system this year. With firm resolve, a steady pace, and flexible strategies, we will work to realize the vision of net-zero transition by 2050; and together with the world we will pursue sustainable growth and prosperous development. To address the challenges in the post-pandemic world, we are establishing a national center for disease prevention and control, strengthening our central pandemic response. To promote health for all, we are promoting cancer screening, establishing a fund for new cancer drugs, and launching the five-year, NT$48.9 billion Healthy Taiwan Cultivation Plan. This year, we significantly increased the total National Health Insurance budget by NT$71.2 billion to achieve sustainable NHI development. We aim to create a Healthy Taiwan, keeping people healthy and making the nation stronger so that the world embraces Taiwan. We are also hard at work to enhance our whole-of-society defense resilience. In addition to continuing to assess various aspects of preparedness at the national level and conduct field verification, we have concerted the efforts of various ministries to propose 17 major strategies to respond to national security and united front threats, uniting our people to resist division and protecting our cherished free and democratic way of life. Recently, the Executive Yuan made special budget allocations of NT$410 billion, of which NT$150 billion is aimed to enhance national resilience. On this, we look forward to mutual support from the ruling and opposition parties. As our nation continues on the path forward, challenges and obstacles will continue to emerge. Early last month, the United States announced its new tariff policy, and in response I proposed five major strategies. I also launched industry listening tours, with the aim of working alongside industries to overcome challenges and open up new opportunities. The Executive Yuan is also soliciting opinions from all sectors as quickly as possible to put forward a special act to enhance the resilience of Taiwan’s national security. The annual surplus will be utilized in the special budget allocations totaling NT$410 billion to not only support industries and stabilize employment, but also strengthen the economy, protect people’s livelihoods, enhance resilience in homeland security, and ensure that Taiwan’s industries continue to steadily advance amidst changing circumstances. Notably, in our discussions across different industries, all sectors advocated against raising electricity prices and were in support of government subsidies for Taiwan Power Company. These would offset Taipower’s losses from subsidies to support people’s livelihoods and for industrial electricity usage since the COVID-19 pandemic and Russo-Ukrainian War, both strengthening its finances and stabilizing electricity prices. We look forward to cooperation among the ruling and opposition parties to pass the Executive Yuan’s special budget. All sectors hope to maintain a stable power supply. As energy security is national security, ensuring a stable power supply while developing more forms of green energy is, whether now or in the future, one of the government’s most important tasks. Aside from the issue of electricity prices, the Taiwanese people have also been closely following the recent Taiwan-US tariff negotiations. The first round of in-person talks have concluded, and tariff negotiations are currently still going smoothly. The government will uphold the principles of ensuring national interests and safeguarding industry development, under no circumstances sacrificing any one sector. We will stand firm on Taiwan’s position and, from the basis of deepening Taiwan-US economic and trade relations, strive for optimal negotiation results in a well-paced, balanced manner. Taiwan shares democratic values with our democratic partners around the world. When combined with our adherence to free market principles to foster mutual prosperity, those values are our greatest assets. They form a protective umbrella that allows Taiwanese businesses to unleash their vitality and energy. They are also the most significant mark of distinction between us and authoritarian regimes. For many years now, Taiwan, the US, and our democratic partners have actively engaged in exchange and cooperation, spurring mutual growth. Among friends, there is always some friction; but that friction is always resolvable. Just as it says in the Bible, “As iron sharpens iron, so one person sharpens another.” Through mutual exchange, friends can smooth out their shortcomings and further hone their strengths. Even when differences arise, so long as there is a foundation built on trust and honest dialogue, friends can better understand one another and further deepen their bonds. Now, Taiwan’s market is global; its stage is international. Going forward, we will hold firm to our democratic values and expand into diverse markets. First, Taiwan’s economic path is clearly established. Taking a market-oriented approach, we will promote an economic path of staying firmly rooted in Taiwan and expanding the global presence of our enterprises while strengthening ties with the US. In recent years, Taiwan has updated investment protection agreements with such countries as the Philippines, India, Vietnam, and Thailand, and signed a foreign investment promotion and protection arrangement with Canada. Moving forward, we will endeavor to sign investment protection agreements and double taxation avoidance agreements with our friends and allies. Second, Taiwan’s trade strategy is clearly defined. We will extend our market connections with the US and other free, democratic nations, expanding our presence worldwide. To that end, we have completed the signing of the first agreement under the Taiwan-US Initiative on 21st-Century Trade and signed an enhanced trade partnership arrangement with the United Kingdom. We are in active negotiations on trade agreements with other countries, and we continue to seek admission to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and other mechanisms for regional economic integration. Third, we must ensure that Taiwan’s economy is export-led while expanding domestic demand, concurrently prioritizing strong technological R&D and upgraded traditional industries, and boosting software development, production, and manufacturing. We must also continue tapping into Taiwan’s strengths to attract international firms here to invest and collaborate. In just the past few years, Entegris opened a new manufacturing facility in Kaohsiung, Micron launched a new facility in Taichung, and Google further solidified Taiwan as its biggest R&D hub outside of the US by opening a new office here. AMD, Nvidia, and major cloud computing companies from the US have also been expanding their presence here. And yesterday, Nvidia even announced that it will establish an overseas headquarters in Taiwan. Through such collaboration across borders, we are introducing advanced technology from overseas and engaging in international R&D. We will build Taiwan into an even more resilient economy. Moving forward, the government will set up a fund to boost Taiwan’s economic momentum. With our sights set on the whole globe, we will invest in international markets, while the government will also set up a sovereign wealth fund and build a national-level investment platform. We will make full use of Taiwan’s industrial advantages and, with the government taking the lead and synergizing private-sector enterprises, expand our global presence and link with major target markets of the AI era. Domestically, we will bolster local supply chains and strengthen industries’ ability to adapt to changing circumstances. The government will enhance the functions of the National Development Fund to achieve industrial restructuring and assist domestic industries and small- and medium-sized enterprises with upgrading and transformation, raising international competitiveness and consolidating domestic industry foundations. My fellow citizens, our market and our values are defined by democracy. Democracy is also a display of our national strength. Taiwan was once the country with the world’s longest martial law period, but now, we are a beacon for democracy in Asia. Our past generations, through valiant sacrifice and devotion, bravely resisted authoritarianism and pursued democracy. Today’s younger generations are able to proactively engage in politics, protect the nation, further entrench democracy, and strive for a diverse Taiwan through all manner of constitutional and legal means, without fear of difficulty. This is the democratic Taiwan we take pride in. I am confident that no one Taiwanese would give up their free and democratic way of life. And no president can abandon the values of freedom and democracy. On the path of democracy, Taiwan never relied on the mobilization of hate; rather, it relied on the participation and coming together of citizens. We do not fear differences in opinion because the core of democracy is about finding, within difference, unity. I have always believed that democratic disputes are resolved through greater exercise of democracy. Over the past year, despite the domestic political situation, ruling and opposition parties formed a delegation to attend the inaugural ceremonies of the president and vice president of the US, demonstrating that democratic Taiwan stands united for deepening Taiwan-US ties. I also, in accordance with the powers granted me by the Constitution, convened a national policy meeting with the heads of the five branches of government, with the hope of achieving reconciliation and encouraging cooperation. I have always been willing, with open arms, to work hard for cross-party dialogue and strengthened cooperation among our political parties. That is why I will be instructing our national security team to initiate a major national security briefing for the chairs of opposition parties. It is hoped that leaders of all parties, regardless of political stance, can prioritize our nation’s interests and uphold our nation’s security; and grounded in shared facts, we can openly and honestly exchange views and discuss matters of national importance, so that we can tackle our nation’s challenges side by side. Later today is the opening ceremony of COMPUTEX TAIPEI, an event that will be closely followed in the international community. Taiwan, as the world’s silicon island, is a central pillar in the global economy and the field of AI, and this event will therefore attract important tech industry figures from around the world. Once a small-scale expo initially held near Taipei’s Songshan Airport, COMPUTEX has continued to grow in scale over the past 40-plus years, and now marks an important milestone in the development of global technological innovation. COMPUTEX is a microcosm of the Taiwan story, an achievement that the people of Taiwan share. The Taiwan of today is a Taiwan of the world. Whether it is global technological development, divisions of labor within international supply chains, worldwide economic and trade exchanges, or regional security matters, Taiwan plays a pivotal and indispensable role. My fellow citizens, we do not cower in the face of challenges; rather, we bravely march forward into the future. As the saying goes, success is 30 percent destiny and 70 percent hard work. We will maintain solidarity, and with our resilience, perseverance, and enthusiasm as Taiwanese, forge ahead with transition, steadily and solidly. That is the spirit of us Taiwanese. We will keep working together in solidarity and meet challenges with firm strides, making Taiwan a global beacon, a pilot for world peace, and a force for global prosperity. Thank you.  

    Details
    2025-05-13
    President Lai interviewed by Japan’s Nikkei  
    In a recent interview with Japan’s Nikkei, President Lai Ching-te responded to questions regarding Taiwan-Japan and Taiwan-United States relations, cross-strait relations, the semiconductor industry, and the international economic and trade landscape. The interview was published by Nikkei on May 13. President Lai indicated that Nikkei, Inc. is a global news organization that has received significant recognition both domestically and internationally, and that he is deeply honored to be interviewed by Nikkei and grateful for their invitation. The president said that he would like to take this rare opportunity to thank Japan’s government, National Diet, society, and public for their longstanding support for Taiwan. Noting that current Prime Minister Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio have all strongly supported Taiwan, he said that the peoples of Taiwan and Japan also have a deep mutual affection, and that through the interview, he hopes to enhance the bilateral relationship between Taiwan and Japan, deepen the affection between our peoples, and foster more future cooperation to promote prosperity and development in both countries. In response to questions raised on the free trade system and the recent tariff war, President Lai indicated that over the past few decades, the free economy headed by the Western world and led by the US has brought economic prosperity and political stability to Taiwan and Japan. At the same time, he said, we have also learned or followed many Western values. The president said he believes that Taiwan and Japan are exemplary students, but some countries are not. Therefore, he said, the biggest crisis right now is China, which exploits the free trade system to engage in plagiarism and counterfeiting, infringe on intellectual property rights, and even provide massive government subsidies that facilitate the dumping of low-priced goods worldwide, which has a major impact on many countries including Japan and Taiwan. If this kind of unfair trade is not resolved, he said, the stable societies and economic prosperity we have painstakingly built over decades, as well as some of the values we pursue, could be destroyed. Therefore, President Lai said he thinks it is worthwhile for us to observe the recent willingness of the US to address unfair trade, and if necessary, offer assistance. President Lai emphasized that the national strategic plan for Taiwanese industries is for them to be rooted in Taiwan while expanding their global presence and marketing worldwide. Therefore, he said, while the 32 percent tariff increase imposed by the US on Taiwan is indeed a major challenge, we are willing to address it seriously and find opportunities within that challenge, making Taiwan’s strategic plan for industry even more comprehensive. When asked about Taiwan’s trade arrangements, President Lai indicated that in 2010 China accounted for 83.8 percent of Taiwan’s outbound investment, but last year it accounted for only 7.5 percent. In 2020, he went on, 43.9 percent of Taiwan’s exports went to China, but that figure dropped to 31.7 percent in 2024. The president said that we have systematically transferred investments from Taiwanese enterprises to Japan, Southeast Asia, Europe, and the US. Therefore, he said, last year Taiwan’s largest outbound investment was in the US, accounting for roughly 40 percent of the total. Nevertheless, only 23.4 percent of Taiwanese products were sold to the US, with 76.6 percent sold to places other than the US, he said.  The president emphasized that we don’t want to put all our eggs in one basket, and hope to establish a global presence. Under these circumstances, he said, Taiwan is very eager to cooperate with Japan. President Lai stated that at this moment, the Indo-Pacific and international community really need Japan’s leadership, especially to make the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) excel in its functions, and also requested Japan to support Taiwan’s CPTPP accession. The president said that Taiwan hopes to sign an Economic Partnership Agreement (EPA) with Japan to build closer ties in economic trade and promote further investment, and that we also hope to strengthen relations with the European Union, and even other regions. Currently, he said, we are proposing an initiative on global semiconductor supply chain partnerships for democracies, because the semiconductor industry is an ecosystem. The president raised the example that Japan has materials, equipment, and technology; the US has IC design and marketing; Taiwan has production and manufacturing; and the Netherlands excels in equipment, saying we therefore hope to leverage Taiwan’s advantages in production and manufacturing to connect the democratic community and establish a global non-red supply chain for semiconductors, ensuring further world prosperity and development in the future, and ensuring that free trade can continue to function without being affected by dumping, which would undermine future prosperity and development. The president stated that as we want industries to expand their global presence and market internationally while staying rooted here in Taiwan, having industries rooted in Taiwan involves promoting pay raises for employees, tax cuts, and deregulation, as well as promoting enterprise investment tax credits. He said that we have also proposed Three Major Programs for Investing in Taiwan for Taiwanese enterprises and are actively resolving issues regarding access to water, electricity, land, human resources, and professional talent so that the business community can return to Taiwan to invest, or enterprises in Taiwan can increase their investments. He went on to say that we are also actively signing bilateral investment agreements with friends and allies so that when our companies invest and expand their presence abroad, their rights and interests as investors are ensured.  President Lai mentioned that Taiwan hopes to sign an EPA with Japan, similar to the Taiwan-US Initiative on 21st-Century Trade and the Economic Prosperity Partnership Dialogue, or the Enhanced Trade Partnership arrangement with the United Kingdom, or similar agreements or memorandums of understanding with Canada and Australia that allow Taiwanese products to be marketed worldwide, concluding that those are our overall arrangements. Looking at the history of Taiwan’s industrial development, President Lai indicated, of course it began in Taiwan, and then moved west to China and south to Southeast Asia. He said that we hope to take this opportunity to strengthen cooperation with Japan to the north, across the Pacific Ocean to the east, and develop the North American market, making Taiwan’s industries even stronger. In other words, he said, while Taiwan sees the current reciprocal tariffs imposed by the US as a kind of challenge, it also views these changes positively. On the topic of pressure from China affecting Taiwan’s participation in international frameworks such as the CPTPP or its signing of an EPA with Japan, President Lai responded that the key point is what kind of attitude we should adopt in viewing China’s acts of oppression. If we act based on our belief in free trade, he said, or on the universal values we pursue – democracy, freedom, and respect for human rights – and also on the understanding that a bilateral trade agreement between Taiwan and Japan would contribute to the economic prosperity and development of both countries, or that Taiwan’s accession to the CPTPP would benefit progress and prosperity in the Indo-Pacific region, then he hopes that friends and allies will strongly support us. On the Trump administration’s intentions regarding the reciprocal tariff policy and the possibility of taxing semiconductors, as well as how Taiwan plans to respond, President Lai said that since President Trump took office, he has paid close attention to interviews with both him and his staff. The president said that several of President Trump’s main intentions are: First, he wants to address the US fiscal situation. For example, President Lai said, while the US GDP is about US$29 trillion annually, its national debt stands at US$36 trillion, which is roughly 124 percent of GDP. Second, he went on, annual government spending exceeds US$6.5 trillion, but revenues are only around US$4.5 trillion, resulting in a nearly US$2 trillion deficit each year, about 7 percent of GDP. Third, he said, the US pays nearly US$1.2 trillion in interest annually, which exceeds the US$1 trillion defense budget and accounts for more than 3 percent of GDP. Fourth, President Trump still wants to implement tax cuts, aiming to reduce taxes for 85 percent of Americans, he said, noting that this would cost between US$500 billion and US$1 trillion. These points, President Lai said, illustrate his first goal: solving the fiscal problem. President Lai went on to say that second, the US feels the threat of China and believes that reindustrialization is essential; without reindustrialization, the US risks a growing gap in industrial capacity compared to China. Third, he said, in this era of global smart technology, President Trump wants to lead the nation to become a world center of AI. Fourth, he aims to ensure world peace and prevent future wars, President Lai said. In regard to what the US seeks to achieve, he said he believes these four areas form the core of the Trump administration’s intentions, and that is why President Trump has raised tariffs, demanded that trading partners purchase more American goods, and encouraged friendly and allied nations to invest in the US, all in order to achieve these goals. President Lai indicated that the 32 percent reciprocal tariff poses a critical challenge for Taiwan, and we must treat it seriously. He said that our approach is not confrontation, but negotiation to reduce tariffs, and that we have also agreed to measures such as procurement, investment, resolving non-tariff trade barriers, and addressing origin washing in order to effectively reduce the trade deficit between Taiwan and the US. Of course, he said, through this negotiation process, we also hope to turn challenges into opportunities. The president said that first, we aim to start negotiations from the proposal of zero tariffs and seek to establish a bilateral trade agreement with the US. Second, he went on, we hope to support US reindustrialization and its aim to become a world AI hub through investment, while simultaneously upgrading and transforming Taiwan’s industries, which would help further integrate Taiwan’s industries into the US economic structure, ensuring Taiwan’s long-term development.  President Lai emphasized again that Taiwan’s national industrial strategy is for industries to stay firmly rooted in Taiwan while expanding their global presence and marketing worldwide. He repeated that we have gone from moving westward across the Taiwan Strait, to shifting southbound, to working closer northward with Japan, and now the time is ripe for us to expand eastward by investing in North America. In other words, he said, while we take this challenge seriously to protect national interests and ensure that no industry is sacrificed, we also hope these negotiations will lead to deeper Taiwan-US trade relations through Taiwanese investment in the US, concluding that these are our expectations. The president stated that naturally, the reciprocal tariffs imposed by the US will have an impact on Taiwanese industries, so in response, the Taiwanese government has already proposed support measures for affected industries totaling NT$93 billion. In addition, he said, we have outlined broader needs for Taiwan’s long-term development, which will be covered by a special budget proposal of NT$410 billion, noting that this has already been approved by the Executive Yuan and will be submitted to the Legislative Yuan for review. He said that this special budget proposal addresses four main areas: supporting industries, stabilizing employment, protecting people’s livelihoods, and enhancing resilience. As for tariffs on semiconductors, President Lai said, Taiwan Semiconductor Manufacturing Company (TSMC) has committed to investing in the US at the request of its customers. He said he believes that TSMC’s industry chain will follow suit, and that these are concrete actions that are unrelated to tariffs. However, he said, if the US were to invoke Section 232 and impose tariffs on semiconductors or related industries, it would discourage Taiwanese semiconductor and ICT investments in the US, and that we will make this position clear to the US going forward. President Lai indicated that among Taiwan’s exports to the US, there are two main categories: ICT products and electronic components, which together account for 65.4 percent. These are essential to the US, he said, unlike final goods such as cups, tables, or mattresses. He went on to say that what Taiwan sells to the US are the technological products required by AI designers like NVIDIA, AMD, Amazon, Google, and Apple, and that therefore, we will make sure the US understands clearly that we are not exporting end products, but the high-tech components necessary for the US to reindustrialize and become a global AI center. Furthermore, the president said, Taiwan is also willing to increase its defense budget and military procurement. He stated that Taiwan is committed to defending itself and is strongly willing to cooperate with friends and allies to ensure regional peace and stability, and that this is also something President Trump hopes to see. Asked whether TSMC’s fabs overseas could weaken Taiwan’s strategic position as a key hub for semiconductor manufacturing, and whether that could then give other countries fewer incentives to protect Taiwan, President Lai responded by saying that political leaders around the world including Japan’s Prime Minister Ishiba and former Prime Ministers Abe, Suga, and Kishida have emphasized, at the G7 and other major international fora, that peace and stability in the Taiwan Strait are essential for global security and prosperity. In other words, he explained, the international community cares about Taiwan and supports peace and stability in the Taiwan Strait because Taiwan is located in the first island chain in the Indo-Pacific, directly facing China. He pointed out that if Taiwan is not protected, China’s expansionist ambitions will certainly grow, which would impact the current rules-based international order. Thus, he said, the international community willingly cares about Taiwan and supports stability in the Taiwan Strait – that is the reason, and it has no direct connection with TSMC. He noted that after all, TSMC has not made investments in that many countries, stressing that, on that point, it is clear. President Lai said that TSMC’s investments in Japan, Europe, and the US are all natural, normal economic and investment activities. He said that Taiwan is a democratic country whose society is based on the rule of law, so when Taiwanese companies need to invest around the world for business needs, the government will support those investments in principle so long as they do not harm national interests. President Lai said that after TSMC Chairman C.C. Wei (魏哲家) held a press conference with President Trump to announce the investment in the US, Chairman Wei returned to Taiwan to hold a press conference with him at the Presidential Office, where the chairman explained to the Taiwanese public that TSMC’s R&D center will remain in Taiwan and that the facilities it has already committed to investing in here will not change and will not be affected. So, the president explained, to put it another way, TSMC will not be weakened by its investment in the US. He further emphasized that Taiwan has strengths in semiconductor manufacturing and is very willing to work alongside other democratic countries to promote the next stage of global prosperity and development. A question was raised about which side should be chosen between the US and China, under the current perception of a return to the Cold War, with East and West facing off as two opposing blocs. President Lai responded by saying that some experts and scholars describe the current situation as entering a new Cold War era between democratic and authoritarian camps; others assert that the war has already begun, including information warfare, economic and trade wars, and the ongoing wars in Europe – the Russo-Ukrainian War – and the Middle East, and the Israel-Hamas conflict. The president said that these are all matters experts have cautioned about, noting that he is not a historian and so will not attempt to define today’s political situation from an academic standpoint. However, he said, he believes that every country has a choice, which is to say, Taiwan, Japan, or any other nation does not necessarily have to choose between the US and China. What we are deciding, he said, is whether our country will maintain a democratic constitutional system or regress into an authoritarian regime, and this is essentially a choice of values – not merely a choice between two major powers. President Lai said that Taiwan’s situation is different from other countries because we face a direct threat from China. He pointed out that we have experienced military conflicts such as the August 23 Artillery Battle and the Battle of Guningtou – actual wars between the Republic of China and the People’s Republic of China. He said that China’s ambition to annex Taiwan has never wavered, and that today, China’s political and military intimidation, as well as internal united front infiltration, are growing increasingly intense. Therefore, he underlined, to defend democracy and sovereignty, protect our free and democratic system, and ensure the safety of our people’s lives and property, Taiwan’s choice is clear. President Lai said that China’s military exercises are not limited to the Taiwan Strait, and include the East China Sea, South China Sea, and even the Sea of Japan, as well as areas around Korea and Australia. Emphasizing that Taiwan, Japan, Australia, and the Philippines are all democratic nations, the president said that Taiwan’s choice is clear, and that he believes Japan also has no other choice. We are all democratic countries, he said, whose people have long pursued the universal values of democracy, freedom, and respect for human rights, and that is what is most important. Regarding the intensifying tensions between the US and China, the president was asked what roles Taiwan and Japan can play. President Lai responded that in his view, Japan is a powerful nation, and he sincerely hopes that Japan can take a leading role amid these changes in the international landscape. He said he believes that countries in the Indo-Pacific region are also willing to respond. He suggested several areas where we can work together: first, democracy and peace; second, innovation and prosperity; and third, justice and sustainability. President Lai stated that in the face of authoritarian threats, we should let peace be our beacon and democracy our compass as we respond to the challenges posed by authoritarian states. Second, he added, as the world enters an era characterized by the comprehensive adoption of smart technologies, Japan and Taiwan should collaborate in the field of innovation to further drive regional prosperity and development. Third, he continued, is justice and sustainability. He explained that because international society still has many issues that need to be resolved, Taiwan and Japan can cooperate for the public good, helping countries in need around the world, and cooperating to address climate change and achieve net-zero transition by 2050. Asked whether he hopes that the US will continue to be a leader in the liberal democratic system, President Lai responded by saying that although the US severed diplomatic ties with the Republic of China, for the past few decades it has assisted Taiwan in various areas such as national defense, security, and countering threats from China, based on the Taiwan Relations Act and the Six Assurances. He pointed out that Taiwan has also benefited, directly and indirectly, in terms of politics, democracy, and economic prosperity thanks to the US, and so Taiwan naturally hopes that the US remains strong and continues to lead the world. President Lai said that when the US encounters difficulties, whether financial difficulties, reindustrialization issues, or becoming a global center for AI, and hopes to receive support from its friends and allies to jointly safeguard regional peace and stability, Taiwan is willing to stand together for a common cause. If the US remains strong, he said, that helps Taiwan, the Indo-Pacific region, and the world as a whole. Noting that while the vital role of the US on the global stage has not changed, the president said that after decades of shouldering global responsibilities, it has encountered some issues. Now, it has to make adjustments, he said, stating his firm belief that it will do so swiftly, and quickly resume its leadership role in the world. Asked to comment on remarks he made during his election campaign that he would like to invite China’s President Xi Jinping for bubble tea, President Lai responded that Taiwan is a peace-loving country, and Taiwanese society is inherently kind, and therefore we hope to get along peacefully with China, living in peace and mutual prosperity. So, during his term as vice president, he said, he was expressing the goodwill of Taiwanese society. Noting that while he of course understands that China’s President Xi would have certain difficulties in accepting this, he emphasized that the goodwill of Taiwanese society has always existed. If China reflects on the past two or three decades, he said, it will see that its economy was able to develop with Taiwan as its largest foreign investor. The president explained that every year, 1 to 2 million Taiwanese were starting businesses or investing in China, creating numerous job opportunities and stabilizing Chinese society. While many Taiwanese businesses have profited, he said, Chinese society has benefited even more. He added that every time a natural disaster occurs, if China is in need, Taiwanese always offer donations. Therefore, the president said, he hopes that China can face the reality of the Republic of China’s existence and understand that the people of Taiwan hope to continue living free and democratic lives with respect for human rights. He also expressed hope that China can pay attention to the goodwill of Taiwanese society. He underlined that we have not abandoned the notion that as long as there is parity, dignity, exchange, and cooperation, the goodwill of choosing dialogue over confrontation and exchange over containment will always exist. Asked for his view on the national security reforms in response to China’s espionage activities and infiltration attempts, President Lai said that China’s united front infiltration activities in Taiwan are indeed very serious. He said that China’s ambitions to annex Taiwan rely not only on the use of political and military intimidation, but also on its long-term united front and infiltration activities in Taiwanese society. Recently, he pointed out, the Taiwan High Prosecutors Office of the Ministry of Justice prosecuted 64 spies, which is three times the number in 2021, and in addition to active-duty military personnel, many retired military personnel were also indicted. Moreover, he added, Taiwan also has the Chinese Unification Promotion Party, which has a background in organized crime, Rehabilitation Alliance Party, which was established by retired military personnel, and Republic of China Taiwan Military Government, which is also composed of retired generals. He explained that these are all China’s front organizations, and they plan one day to engage in collaboration within Taiwan, which shows the seriousness of China’s infiltration in Taiwan. Therefore, the president said, in the recent past he convened a high-level national security meeting and proposed 17 response strategies across five areas. He then enumerated the five areas: first, to address China’s threat to Taiwan’s sovereignty; second, to respond to the threat of China’s obscuring the Taiwanese people’s sense of national identity; third, to respond to the threat of China’s infiltrating and recruiting members of the ROC Armed Forces as spies; fourth, to respond to the threat of China’s infiltration of Taiwanese society through societal exchanges and united front work; and fifth, to respond to the threat of China using “integration plans” to draw Taiwan’s young people and Taiwanese businesses into its united front activities. In response to these five major threats, he said, he has proposed 17 response strategies, one of which being to restore the military trial system. He explained that if active-duty military personnel commit military crimes, they must be subject to military trials, and said that this expresses the Taiwanese government’s determination to respond to China’s united front infiltration and the subversion of Taiwan. Responding to the question of which actions Taiwan can take to guard against China’s threats to regional security, President Lai said that many people are worried that the increasingly tense situation may lead to accidental conflict and the outbreak of war. He stated his own view that Taiwan is committed to facing China’s various threats with caution. Taiwan is never the source of these problems, he emphasized, and if there is an accidental conflict and it turns into a full-scale war, it will certainly be a deliberate act by China using an accidental conflict as a pretext. He said that when China expanded its military presence in the East China Sea and South China Sea, the international community did not stop it; when China conducted exercises in the Taiwan Strait, the international community did not take strong measures to prevent this from happening. Now, he continued, China is conducting gray-zone exercises, which are aggressions against not only the Taiwan Strait, the South China Sea, and the East China Sea, but also extending to the Sea of Japan and waters near South Korea. He said that at this moment, Taiwan, the Philippines, Japan, and even the US should face these developments candidly and seriously, and we must exhibit unity and cooperation to prevent China’s gray-zone aggression from continuing to expand and prevent China from shifting from a military exercise to combat. If no action is taken now, the president said, the situation may become increasingly serious. Asked about the view of some US analysts who point out that China will have the ability to invade Taiwan around 2027, President Lai responded that Taiwan, as the country on the receiving end of threats and aggression, must plan for the worst and make the best preparations. He recalled a famous saying from the armed forces: “Do not count on the enemy not showing up; count on being ready should it strike.” This is why, he said, he proposed the Four Pillars of Peace action plan. First, he said, we must strengthen our national defense. Second, he added, we must strengthen economic resilience, adding that not only must our economy remain strong, but it must also be resilient, and that we cannot put all our eggs in the same basket, in China, as we have done in the past. Third, he continued, we must stand shoulder to shoulder with friends and allies such as Japan and the US, as well as the democratic community, and we must demonstrate the strength of deterrence to prevent China from making the wrong judgment. Fourth, he emphasized, as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China and seek cross-strait peace and mutual prosperity through exchanges and cooperation. Regarding intensifying US-China confrontation, the president was asked in which areas he thinks Taiwan and Japan should strengthen cooperation; with Japan’s Ishiba administration also being a minority government, the president was asked for his expectations for the Ishiba administration. President Lai said that in the face of rapid and tremendous changes in the political situation, every government faces considerable challenges, especially for minority governments, but the Japanese government led by Prime Minister Ishiba has quite adequately responded with various strategies. Furthermore, he said, Japan is different from Taiwan, explaining that although Japan’s ruling party lacks a majority, political parties in Japan engage in competition domestically while exhibiting unity externally. He said that Taiwan’s situation is more challenging, because the ruling and opposition parties hold different views on the direction of the country, due to differences in national identity. The president expressed his hope that in the future Taiwan and Japan will enjoy even more comprehensive cooperation. He stated that he has always believed that deep historical bonds connect Taiwan and Japan. Over the past several decades, he said, when encountering natural disasters and tragedies, our two nations have assisted each other with mutual care and support. He said that the affection between the people of Taiwan and Japan is like that of a family. Pointing out that both countries face the threat of authoritarianism, he said that we share a mission to safeguard universal values such as democracy, freedom, and respect for human rights. The president said that our two countries should be more open to cooperation in various areas to maintain regional peace and stability as well as to strengthen cooperation in economic and industrial development, such as for semiconductor industry chains and everyday applications of AI, including robots and drones, adding that we can also cooperate on climate change response, such as in hydrogen energy and other strategies. He said our two countries should also continue to strengthen people-to-people exchanges. He then took the opportunity to once again invite our good friends from Japan to visit Taiwan for tourism and learn more about Taiwan, saying that the Taiwanese people wholeheartedly welcome our Japanese friends.  

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    2025-05-09
    President Lai extends congratulations on election of His Holiness Pope Leo XIV  
    Following the successful election of the 267th pope of the Roman Catholic Church, His Holiness Pope Leo XIV, on May 8, President Lai Ching-te extended sincere congratulations on behalf of the people and government of Taiwan, including its Catholic community. The president stated that he looks forward to working with Pope Leo XIV to continue deepening cooperation in the area of humanitarian aid and jointly defend the universal value of religious freedom, expanding and strengthening the alliance between Taiwan and the Vatican. Upon learning of the election results, President Lai directed the Republic of China (Taiwan) Embassy to the Holy See to convey a message of congratulations. In the message, President Lai extended sincere congratulations to Pope Leo XIV on behalf of the people and government of Taiwan, including its Catholic community, expressing confidence that His Holiness will lead the Catholic Church and its 1.4 billion followers worldwide with profound wisdom. President Lai also emphasized that Taiwan looks forward to continuing to work alongside the Holy See in the shared pursuit of peace, justice, religious freedom, solidarity, friendship, and human dignity. This year marks the 83rd anniversary of the establishment of diplomatic ties between Taiwan and the Vatican. Enjoying a strong alliance, Taiwan and the Vatican share such universal values as freedom of religion, respect for human rights, peace, and benevolence, and conduct close exchanges. Taiwan will continue to engage in exchanges and cooperation with the Holy See, further strengthen bilateral relations, and work alongside the Holy See to contribute even more to the world.  

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    2025-05-05
    President Lai meets Japanese Diet Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi
    On the afternoon of May 5, President Lai Ching-te met with a delegation from Japan led by House of Representatives Member and former Minister of Economy, Trade, and Industry Nishimura Yasutoshi. President Lai thanked the government of Japan for continuously speaking up for Taiwan at international venues and reiterating the importance of peace and stability in the Taiwan Strait. The president stated that to address China’s gray-zone aggression against neighboring countries, Taiwan and Japan, both located in the first island chain, should strengthen cooperation and respond together. He said he looks forward to bilateral industrial cooperation in fields including semiconductors, hydrogen energy, AI, and drones, jointly strengthening the resilience of non-red supply chains, and promoting mutual prosperity and development.    A translation of President Lai’s remarks follows: I would like to welcome all the members of the Japanese Diet who are using their valuable Golden Week vacation to visit Taiwan, especially House of Representatives Member Nishimura Yasutoshi, whom former Prime Minister Shinzo Abe deeply trusted and relied on, and who for many years held important cabinet positions. This is his first visit after a hiatus of 17 years, so I am sure he will sense Taiwan’s progress and development. House of Representatives Member Tanaka Kazunori has long promoted local exchanges between Taiwan and Japan, and I hope that our visitors will all gain a deeper understanding of Taiwan through this visit.  Yesterday, several of our distinguished guests made a special trip to Kaohsiung to pay their respects at the statue of former Prime Minister Abe, a visionary politician with a broad, international perspective. The former prime minister pioneered the vision of a free and open Indo-Pacific, and once said that “if Taiwan has a problem, then Japan has a problem,” demonstrating strong support for Taiwan and making a deep and lasting impression on the hearts of Taiwanese. Over the past few years, China has continuously conducted military exercises in the Taiwan Strait, East and South China Seas, and carried out acts of gray-zone aggression against neighboring countries, severely undermining regional peace and stability. Taiwan and Japan, both located in the first island chain, should strengthen cooperation and respond together. Especially since Taiwan and Japan are democratic partners who share values such as freedom, democracy, and respect for human rights, if we can strengthen cooperation in areas such as maritime security, social resilience, and addressing gray-zone aggression, I am confident we can demonstrate the strength of deterrence, ensure peace and stability in the Indo-Pacific region, and safeguard our cherished democratic institutions. I would like to take this opportunity to thank the Japanese government for continuously speaking up for Taiwan at international venues, including this year’s US-Japan leaders’ summit, the G7 foreign ministers’ joint statement, and the Japan-NATO bilateral meeting, reiterating the importance of peace and stability in the Taiwan Strait and expressing opposition to unilaterally changing the status quo by force or coercion. In the face of global economic and trade changes, economic security is becoming increasingly important, and Taiwan looks forward to further deepening economic cooperation with Japan. In addition to actively seeking to participate in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), Taiwan hopes to sign an economic partnership agreement (EPA) with Japan as soon as possible. This will expand our cooperation in industries such as semiconductors, hydrogen energy, AI, and drones, establish a closer economic partnership, jointly strengthen the resilience of non-red supply chains, and promote mutual prosperity and development. Once again, I welcome all of our guests. I am deeply grateful for your taking concrete action to deepen Taiwan-Japan relations and show support for Taiwan. I wish you a successful and rewarding visit.  Representative Nishimura then delivered remarks, first thanking President Lai for taking time out of his busy schedule to meet with the visiting delegation. He also expressed admiration for the performance of President Lai’s government, which has allowed Taiwan to develop smoothly amidst the current complex international situation. Representative Nishimura mentioned that when former Prime Minister Abe unfortunately passed away in 2020, President Lai, who was vice president at the time, personally visited the former prime minister’s residence to offer his condolences. The representative said that including that meeting, today is the second time he and President Lai have met. This delegation’s visit to Taiwan, he said, carries on the legacy of former Prime Minister Abe. He said that Taiwan and Japan are countries that share universal values and have close ties in terms of economic cooperation and mutual visits. Notably, he highlighted, in 2024, business travelers from Taiwan made over six million visits to Japan, and based on population, Taiwan has the highest percentage of visitors to Japan. He also expressed hope that more Japanese people will visit Taiwan for tourism.   Representative Nishimura stated that the delegation visited Kaohsiung yesterday to pay their respects at the statue of former Prime Minister Abe. Then, he said, they traveled to Tainan to sample a wide variety of fruits and local delicacies, during which time they also discussed the Wushantou Reservoir, built by Japanese engineer Hatta Yoichi. Since May 8 is the anniversary of Mr. Hatta’s birth, Representative Nishimura said he hopes to use this opportunity to continue Mr. Hatta’s concern and love for Taiwan, and further deepen the friendship between Taiwan and Japan. Representative Nishimura said that when he served as Japan’s Minister of Economy, Trade, and Industry, he welcomed Taiwan’s application to join the CPTPP on behalf of the Japanese government. He also said that his government has also provided substantial assistance for the establishment of Taiwan Semiconductor Manufacturing Company’s (TSMC) fab in Kumamoto, Japan. He said he believes that mutual cooperation between Taiwan and Japan in the semiconductor sector can further promote semiconductor industry development, and build a more resilient supply chain system. Representative Nishimura pointed out that former Prime Minister Abe once said, “If Taiwan has a problem, then Japan has a problem.” Currently, many European countries are also very concerned about peace and stability in the Asia-Pacific region, because it is crucial to peace and stability in the entire international community. It can therefore be said that “if Taiwan has a problem, the world has a problem.” He said he believes that in order to maintain peace and stability in the Taiwan Strait, like-minded countries and allied nations must all cooperate closely and definitively proclaim that message. He then said he looks forward to exchanging views with President Lai on issues such as strengthening Taiwan-Japan relations and changes in the international situation. The delegation also included Chairman of Kanagawa Prefecture Japan-Taiwan Friendship Association Matsumoto Jun, Japanese House of Representatives members Nishime Kosaburo, Sasaki Hajime, Yana Kazuo, and Katou Ryusho, and Japan-Taiwan Exchange Association Taipei Office Chief Representative Katayama Kazuyuki. 

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    2025-05-02
    President Lai meets Atlantic Council delegation
    On the afternoon of May 2, President Lai Ching-te met with a delegation from the Atlantic Council, a think tank based in Washington, DC. In remarks, President Lai said that we have already proposed a roadmap for deepening Taiwan-US trade ties to achieve a common objective of reducing all bilateral tariffs. At the same time, the president said, we will expand investments across the United States and create win-win outcomes for both sides through the trade and economic strategy of “Taiwan plus the US.” The president also emphasized that Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. He expressed hope that, given shared economic and security interests, Taiwan and the US will generate even greater synergy and prove to be each other’s strongest support. A translation of President Lai’s remarks follows: I welcome you all to Taiwan. In particular, Vice President Matthew Kroenig visited Taiwan last June and now is making another trip less than a year later. He also contributed an important article supporting Taiwan to a major international publication, highlighting the concern that our international friends have for Taiwan. We are truly moved and thankful. On behalf of the people of Taiwan, I sincerely thank all sectors of the US for their longstanding and steadfast support for Taiwan. Especially, as we face the challenges arising from the regional situation, we hope to continue deepening the Taiwan-US partnership. Holding a key position on the first island chain, Taiwan faces military threats and gray-zone aggression from China. We will continue to show our unwavering determination to defend ourselves. I want to emphasize that Taiwan is accelerating efforts to enhance its overall defense capabilities. The government will also prioritize special budget allocations to increase Taiwan’s defense spending from 2.5 percent of GDP to more than 3 percent. This reflects the efforts we are putting into safeguarding our nation and demonstrates our determination to safeguard regional peace and stability. During President Donald Trump’s first term, Taiwan purchased 66 new F-16V fighter jets. The first of these rolled off the assembly line in South Carolina at the end of this March. This is crucial for Taiwan’s strategy of achieving peace through strength. In the future, we will continue to procure defense equipment from the US that helps ensure peace and stability across the Taiwan Strait. We also look forward to bilateral security collaboration evolving beyond arms sales to a partnership that encompasses joint research and development and joint manufacturing, further strengthening our cooperation and exchanges. Taiwan firmly believes in fair, free, and mutually beneficial trade ties. Indeed, we have already proposed a roadmap for deepening Taiwan-US trade ties. This includes our common objective of reducing all bilateral tariffs as well as narrowing the trade imbalance through the procurement of energy and agricultural and other industrial products from the US. At the same time, we will expand investments across the US. We will promote our “Taiwan plus one” policy, that is, the new trade and economic strategy of “Taiwan plus the US,” to build non-red supply chains and create win-win outcomes for both sides. As the US is moving to reindustrialize its manufacturing industry and may hope to become a global manufacturing center for AI, Taiwan is willing to join in the efforts. Taiwan is not only a bastion of freedom and democracy, but also an indispensable hub for global supply chains. We have every confidence that, given shared Taiwan-US economic and security interests, we can generate even greater synergy and prove to be each other’s strongest support. In closing, I thank Vice President Kroenig once again for leading this delegation, demonstrating support for Taiwan. I look forward to exchanging opinions with you all in just a few moments. I wish you a smooth and successful trip. Vice President Kroenig then delivered remarks, first thanking President Lai for hosting them. He said that it is an honor to be here and to lead a delegation from the Atlanta Council, which consists of a mix of former senior US government officials with responsibility for Taiwan and also rising stars visiting Taiwan for the first time. Vice President Kroenig said that they are here at a critical moment, as there is an ongoing war in Europe, multiple conflicts in the Middle East, and increased Chinese aggression in the Indo-Pacific. Moreover, he pointed out, the regimes of China, Russia, Iran, and North Korea are increasingly working together in a new axis of aggressors. Vice President Kroenig indicated that the challenge facing the US and its allies and partners, including Taiwan, is how to deter these autocracies and maintain global peace, prosperity, and freedom, especially in Taiwan, whose security and stability matter, not only for Taiwan, but also for the US and the world. Vice President Kroenig assured President Lai and the people of Taiwan that the US is a reliable partner for Taiwan. The vice president stated that the administration under President Trump is prioritizing the deterrence of China, and that President Trump has announced an intention to have the largest US defense budget in history, more than US$1 trillion, to resource this priority. Pointing out that an America-first president will not help a country that is not helping itself, Vice President Kroenig said that their delegation has been impressed with the steps President Lai and the administration are taking to strengthen Taiwan’s security, including increasing defense spending, developing a societal resilience strategy, and using cutting edge technologies like unmanned systems to promote indigenous defense production. Vice President Kroenig said that more than money and equipment are necessary to secure a democracy against a powerful and ruthless neighbor, adding that history shows that the human factor is the most important. In the end, he said, it will be the will of the people of Taiwan to resist coercion and to defend their home which will be the most important factor determining the future fate of Taiwan and for the ability of the people of Taiwan to chart their own destiny. Vice President Kroenig emphasized that Americans are willing to support Taiwan in this endeavor, but it will be the people of Taiwan and strong and capable leaders like President Lai at the forefront of this struggle, with the firm support of America. Vice President Kroenig said that as the US and Taiwan work together on these challenges, the Atlantic Council looks forward to offering support behind the scenes. Founded in 1961 to support the Transatlantic Alliance, he said, the Atlantic Council is a global think tank, and part of its DNA is working closely with friends and allies in the Indo-Pacific, including Taiwan. He said they look forward to continuing their close and longstanding cooperation with Taiwan through visiting delegations, research and reports, and public and private events. In closing, Vice President Kroenig thanked President Lai again for hosting them and for the work he is doing to secure the free world. The delegation also included former Deputy Assistant Secretary of Defense for East Asia Heino Klinck and former Director for Taiwan Affairs at the White House National Security Council Marvin Park.

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    2025-05-20
    President Lai interviewed by Nippon Television and Yomiuri TV
    In a recent interview on Nippon Television’s news zero program, President Lai Ching-te responded to questions from host Mr. Sakurai Sho and Yomiuri TV Shanghai Bureau Chief Watanabe Masayo on topics including reflections on his first year in office, cross-strait relations, China’s military threats, Taiwan-United States relations, and Taiwan-Japan relations. The interview was broadcast on the evening of May 19. During the interview, President Lai stated that China intends to change the world’s rules-based international order, and that if Taiwan were invaded, global supply chains would be disrupted. Therefore, he said, Taiwan will strengthen its national defense, prevent war by preparing for war, and achieve the goal of peace. The president also noted that Taiwan’s purpose for developing drones is based on national security and industrial needs, and that Taiwan hopes to collaborate with Japan. He then reiterated that China’s threats are an international problem, and expressed hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war. Following is the text of the questions and the president’s responses: Q: How do you feel as you are about to round out your first year in office? President Lai: When I was young, I was determined to practice medicine and save lives. When I left medicine to go into politics, I was determined to transform Taiwan. And when I was sworn in as president on May 20 last year, I was determined to strengthen the nation. Time flies, and it has already been a year. Although the process has been very challenging, I am deeply honored to be a part of it. I am also profoundly grateful to our citizens for allowing me the opportunity to give back to our country. The future will certainly be full of more challenges, but I will do everything I can to unite the people and continue strengthening the nation. That is how I am feeling now. Q: We are now coming up on the 80th anniversary of the end of World War II, and over this period, we have often heard that conflict between Taiwan and the mainland is imminent. Do you personally believe that a cross-strait conflict could happen? President Lai: The international community is very much aware that China intends to replace the US and change the world’s rules-based international order, and annexing Taiwan is just the first step. So, as China’s military power grows stronger, some members of the international community are naturally on edge about whether a cross-strait conflict will break out. The international community must certainly do everything in its power to avoid a conflict in the Taiwan Strait; there is too great a cost. Besides causing direct disasters to both Taiwan and China, the impact on the global economy would be even greater, with estimated losses of US$10 trillion from war alone – that is roughly 10 percent of the global GDP. Additionally, 20 percent of global shipping passes through the Taiwan Strait and surrounding waters, so if a conflict breaks out in the strait, other countries including Japan and Korea would suffer a grave impact. For Japan and Korea, a quarter of external transit passes through the Taiwan Strait and surrounding waters, and a third of the various energy resources and minerals shipped back from other countries pass through said areas. If Taiwan were invaded, global supply chains would be disrupted, and therefore conflict in the Taiwan Strait must be avoided. Such a conflict is indeed avoidable. I am very thankful to Prime Minister of Japan Ishiba Shigeru and former Prime Ministers Abe Shinzo, Suga Yoshihide, and Kishida Fumio, as well as US President Donald Trump and former President Joe Biden, and the other G7 leaders, for continuing to emphasize at international venues that peace and stability across the Taiwan Strait are essential components for global security and prosperity. When everyone in the global democratic community works together, stacking up enough strength to make China’s objectives unattainable or to make the cost of invading Taiwan too high for it to bear, a conflict in the strait can naturally be avoided. Q: As you said, President Lai, maintaining peace and stability across the Taiwan Strait is also very important for other countries. How can war be avoided? What sort of countermeasures is Taiwan prepared to take to prevent war? President Lai: As Mr. Sakurai mentioned earlier, we are coming up on the 80th anniversary of the end of WWII. There are many lessons we can take from that war. First is that peace is priceless, and war has no winners. From the tragedies of WWII, there are lessons that humanity should learn. We must pursue peace, and not start wars blindly, as that would be a major disaster for humanity. In other words, we must be determined to safeguard peace. The second lesson is that we cannot be complacent toward authoritarian powers. If you give them an inch, they will take a mile. They will keep growing, and eventually, not only will peace be unattainable, but war will be inevitable. The third lesson is why WWII ended: It ended because different groups joined together in solidarity. Taiwan, Japan, and the Indo-Pacific region are all directly subjected to China’s threats, so we hope to be able to join together in cooperation. This is why we proposed the Four Pillars of Peace action plan. First, we will strengthen our national defense. Second, we will strengthen economic resilience. Third is standing shoulder to shoulder with the democratic community to demonstrate the strength of deterrence. Fourth is that as long as China treats Taiwan with parity and dignity, Taiwan is willing to conduct exchanges and cooperate with China, and seek peace and mutual prosperity. These four pillars can help us avoid war and achieve peace. That is to say, Taiwan hopes to achieve peace through strength, prevent war by preparing for war, keeping war from happening and pursuing the goal of peace. Q: Regarding drones, everyone knows that recently, Taiwan has been actively researching, developing, and introducing drones. Why do you need to actively research, develop, and introduce new drones at this time? President Lai: This is for two purposes. The first is to meet national security needs. The second is to meet industrial development needs. Because Taiwan, Japan, and the Philippines are all part of the first island chain, and we are all democratic nations, we cannot be like an authoritarian country like China, which has an unlimited national defense budget. In this kind of situation, island nations such as Taiwan, Japan, and the Philippines should leverage their own technologies to develop national defense methods that are asymmetric and utilize unmanned vehicles. In particular, from the Russo-Ukrainian War, we see that Ukraine has successfully utilized unmanned vehicles to protect itself and prevent Russia from unlimited invasion. In other words, the Russo-Ukrainian War has already proven the importance of drones. Therefore, the first purpose of developing drones is based on national security needs. Second, the world has already entered the era of smart technology. Whether generative, agentic, or physical, AI will continue to develop. In the future, cars and ships will also evolve into unmanned vehicles and unmanned boats, and there will be unmanned factories. Drones will even be able to assist with postal deliveries, or services like Uber, Uber Eats, and foodpanda, or agricultural irrigation and pesticide spraying. Therefore, in the future era of comprehensive smart technology, developing unmanned vehicles is a necessity. Taiwan, based on industrial needs, is actively planning the development of drones and unmanned vehicles. I would like to take this opportunity to express Taiwan’s hope to collaborate with Japan in the unmanned vehicle industry. Just as we do in the semiconductor industry, where Japan has raw materials, equipment, and technology, and Taiwan has wafer manufacturing, our two countries can cooperate. Japan is a technological power, and Taiwan also has significant technological strengths. If Taiwan and Japan work together, we will not only be able to safeguard peace and stability in the Taiwan Strait and security in the Indo-Pacific region, but it will also be very helpful for the industrial development of both countries. Q: The drones you just described probably include examples from the Russo-Ukrainian War. Taiwan and China are separated by the Taiwan Strait. Do our drones need to have cross-sea flight capabilities? President Lai: Taiwan does not intend to counterattack the mainland, and does not intend to invade any country. Taiwan’s drones are meant to protect our own nation and territory. Q: Former President Biden previously stated that US forces would assist Taiwan’s defense in the event of an attack. President Trump, however, has yet to clearly state that the US would help defend Taiwan. Do you think that in such an event, the US would help defend Taiwan? Or is Taiwan now trying to persuade the US? President Lai: Former President Biden and President Trump have answered questions from reporters. Although their responses were different, strong cooperation with Taiwan under the Biden administration has continued under the Trump administration; there has been no change. During President Trump’s first term, cooperation with Taiwan was broader and deeper compared to former President Barack Obama’s terms. After former President Biden took office, cooperation with Taiwan increased compared to President Trump’s first term. Now, during President Trump’s second term, cooperation with Taiwan is even greater than under former President Biden. Taiwan-US cooperation continues to grow stronger, and has not changed just because President Trump and former President Biden gave different responses to reporters. Furthermore, the Trump administration publicly stated that in the future, the US will shift its strategic focus from Europe to the Indo-Pacific. The US secretary of defense even publicly stated that the primary mission of the US is to prevent China from invading Taiwan, maintain stability in the Indo-Pacific, and thus maintain world peace. There is a saying in Taiwan that goes, “Help comes most to those who help themselves.” Before asking friends and allies for assistance in facing threats from China, Taiwan must first be determined and prepared to defend itself. This is Taiwan’s principle, and we are working in this direction, making all the necessary preparations to safeguard the nation. Q: I would like to ask you a question about Taiwan-Japan relations. After the Great East Japan Earthquake in 2011, you made an appeal to give Japan a great deal of assistance and care. In particular, you visited Sendai to offer condolences. Later, you also expressed condolences and concern after the earthquakes in Aomori and Kumamoto. What are your expectations for future Taiwan-Japan exchanges and development? President Lai: I come from Tainan, and my constituency is in Tainan. Tainan has very deep ties with Japan, and of course, Taiwan also has deep ties with Japan. However, among Taiwan’s 22 counties and cities, Tainan has the deepest relationship with Japan. I sincerely hope that both of you and your teams will have an opportunity to visit Tainan. I will introduce Tainan’s scenery, including architecture from the era of Japanese rule, Tainan’s cuisine, and unique aspects of Tainan society, and you can also see lifestyles and culture from the Showa era.  The Wushantou Reservoir in Tainan was completed by engineer Mr. Hatta Yoichi from Kanazawa, Japan and the team he led to Tainan after he graduated from then-Tokyo Imperial University. It has nearly a century of history and is still in use today. This reservoir, along with the 16,000-km-long Chianan Canal, transformed the 150,000-hectare Chianan Plain into Taiwan’s premier rice-growing area. It was that foundation in agriculture that enabled Taiwan to develop industry and the technology sector of today. The reservoir continues to supply water to Tainan Science Park. It is used by residents of Tainan, the agricultural sector, and industry, and even the technology sector in Xinshi Industrial Park, as well as Taiwan Semiconductor Manufacturing Company. Because of this, the people of Tainan are deeply grateful for Mr. Hatta and very friendly toward the people of Japan. A major earthquake, the largest in 50 years, struck Tainan on February 6, 2016, resulting in significant casualties. As mayor of Tainan at the time, I was extremely grateful to then-Prime Minister Abe, who sent five Japanese officials to the disaster site in Tainan the day after the earthquake. They were very thoughtful and asked what kind of assistance we needed from the Japanese government. They offered to provide help based on what we needed. I was deeply moved, as former Prime Minister Abe showed such care, going beyond the formality of just sending supplies that we may or may not have actually needed. Instead, the officials asked what we needed and then provided assistance based on those needs, which really moved me. Similarly, when the Great East Japan Earthquake of 2011 or the later Kumamoto earthquakes struck, the people of Tainan, under my leadership, naturally and dutifully expressed their support. Even earlier, when central Taiwan was hit by a major earthquake in 1999, Japan was the first country to deploy a rescue team to the disaster area. On February 6, 2018, after a major earthquake in Hualien, former Prime Minister Abe appeared in a video holding up a message of encouragement he had written in calligraphy saying “Remain strong, Taiwan.” All of Taiwan was deeply moved. Over the years, Taiwan and Japan have supported each other when earthquakes struck, and have forged bonds that are family-like, not just neighborly. This is truly valuable. In the future, I hope Taiwan and Japan can be like brothers, and that the peoples of Taiwan and Japan can treat one another like family. If Taiwan has a problem, then Japan has a problem; if Japan has a problem, then Taiwan has a problem. By caring for and helping each other, we can face various challenges and difficulties, and pursue a brighter future. Q: President Lai, you just used the phrase “If Taiwan has a problem, then Japan has a problem.” In the event that China attempts to invade Taiwan by force, what kind of response measures would you hope the US military and Japan’s Self-Defense Forces take? President Lai: As I just mentioned, annexing Taiwan is only China’s first step. Its ultimate objective is to change the rules-based international order. That being the case, China’s threats are an international problem. So, I would very much hope to work together with the US, Japan, and others in the global democratic community to prevent China from starting a war – prevention, after all, is more important than cure.

    MIL OSI Asia Pacific News –

    May 20, 2025
  • MIL-OSI USA: FEMA and the State of Arkansas Are Adding More Sites to Assist Survivors

    Source: US Federal Emergency Management Agency 2

    Residents of those counties can receive help applying for federal assistance starting Tuesday, May 20 and Wednesday, May 21 at these new Survivor Assistance Locations:

    GREENE COUNTYGreene County Courthouse – Meeting space by Room 108320 W. Court StreetParagould, AR 72450
    Hours: Tuesday – Friday from 8 a.m. – 6 p.m.
    HOT SPRING COUNTYLono-Rolla Community Center 11702 AR-222Leola, AR 72084

    Hours: Wednesday – Friday from 8 a.m. – 6 p.m.
    JACKSON COUNTYASU-Newport Center for Fine Arts
    7648 Victory Boulevard Newport, AR 72112
    Hours: Wednesday – Friday from 8 a.m. – 6 p.m.
    STONE COUNTYFifty-Six Municipal Building5431 Mitchell Road Fifty-Six, AR 72533
    Hours: Wednesday – Friday from 8 a.m. – 6 p.m.

    FEMA staff are currently available through Friday, May 23 at the following locations:
    INDEPENDENCE COUNTYCushman Volunteer Fire Department50 Park StreetCushman, AR 72526
    Hours: Monday – Friday from 8 a.m. – 6 p.m.
    IZARD COUNTYOzarka College – John Miller Auditorium218 College DriveMelbourne, AR 72556
    Hours: Monday – Friday from 8 a.m. – 6 p.m.
    RANDOLPH COUNTYBlack River Technical CollegeAcademic Complex Building, Room AC 1001410 Highway 304 EastPocahontas, AR 72455
    Hours: Monday – Friday from 8 a.m. – 6 p.m.
    Additionally, FEMA staff will continue to be available through Saturday, May 24 at:
    SHARP COUNTYCity Hall – Cave CityConference Room201 S. Main StreetCave City, AR 72521*Entrance and parking at back of building
    Hours: Monday – Friday from 9 a.m. – 6 p.m., Sat 9 a.m. – 1 p.m.
    Survivors can apply to FEMA in several ways including going online to DisasterAssistance.gov, downloading the FEMA App for mobile devices or calling the FEMA Helpline at 800-621-3362. Calls are accepted every day from 6 a.m. to 10 p.m. CT. Help is available in most languages. 
    If you use a relay service, such as video relay (VRS), captioned telephone or other service, give FEMA the number for that service. To view an accessible video about how to apply visit: Three Ways to Register for FEMA Disaster Assistance – YouTube.
    For more information, visit fema.gov/disaster/4865. Follow FEMA Region 6 on social media at x.com/FEMARegion6 and at facebook.com/FEMARegion6/

    MIL OSI USA News –

    May 20, 2025
  • MIL-OSI USA: Sols 4541–4542: Boxwork Structure, or Just “Box-Like” Structure?

    Source: NASA

    Written by Ashley Stroupe, Mission Operations Engineer at NASA’s Jet Propulsion Laboratory
    Earth planning date: Wednesday, May 14, 2025
    Today we came into another strange and interesting workspace (see image above) that is as exciting as the one we had on Monday. This is our first arrival at a potential boxwork structure — a series of web-like, resistant ridges visible in orbital images that we have been looking forward to visiting since we first saw them. Today’s observations will be the first step to figure out if these ridges (at least the one in front of us) is part of a boxwork structure. Unfortunately, we can’t quite reach their targets safely today because one of the rover’s front wheels is perched on a small pebble and might slip off if we move the arm. Instead, we will take a lot of remote sensing observations and reposition the rover slightly so that we can try again on Friday. 
    But before repositioning, Curiosity will start off by taking a huge Mastcam mosaic of all terrain around the rover to help us document how it is changing along our path and with elevation. Mastcam then will look at “Temblor Range,” which is a nearby low and resistant ridge that also has some rover tracks from where we previously crossed it. Mastcam is also imaging a trough that is similar to the other troughs we have been seeing locally and that have multiple possible origins. Then, Mastcam will image the AEGIS target from the prior plan. ChemCam is taking a LIBS observation of “Glendale Peak,” a rugged top portion of the ridge defining the potential boxwork structure, which is to the right of the workspace, and an RMI mosaic of Texoli butte. Mastcam follows up the ChemCam observation of Glendale Peak by imaging it. 
    In parallel with all the imaging is our monthly test and maintenance of our backup pump for the Heat Rejection System (the HRS) The HRS is a fluid loop that distributes the heat from the rover’s power source to help keep all the subsystems within reasonable temperatures. We need to periodically make sure it stays in good working order just in case our primary pump has issues. 
    After all the imaging, the rover will bump 30 centimeters backwards (about 12 inches)  to come down off the pebble and put the interesting science targets in the arm workspace. This should leave us in a position where it is safe to unstow the arm and put instruments down on the surface.
    On the second, untargeted sol of the plan, we have some additional atmospheric science including a large dust-devil survey, as well as a Navcam suprahorizon movie and a Mastcam solar tau to measure the dust in the atmosphere. We finish up with another autonomous targeting of ChemCam with AEGIS.

    MIL OSI USA News –

    May 20, 2025
  • MIL-OSI United Kingdom: G7 Export Credit Agency Leaders Meet in London for Two-Day Summit

    Source: United Kingdom – Government Statements

    Press release

    G7 Export Credit Agency Leaders Meet in London for Two-Day Summit

    UK Export Finance is hosting the annual meeting of leaders of export credit agencies from G7 countries.

    Leaders of G7 export credit agencies (from left to right): Paola Valerio (SACE, Italy), Atsuo Kuroda (NEXI, Japan), Bastian Kern (Export Credit Guarantees Germany), Tim Reid (UK Export Finance), James C. Cruse (US EXIM), Alison Nankivell (EDC, Canada), Armel Castets (Export Finance and Trade Promotion Division, France)

    Leaders of export credit agencies (ECAs) from the G7 nations are gathering in London today (19 May) for a two-day summit focused on “Global Challenges, Shared Solutions”. 

    The Chiefs and senior representatives from the ECAs of Canada, France, Germany, Italy, Japan, and the United States will be hosted by UK Export Finance (UKEF), the UK government’s export credit agency, to address critical issues in international trade finance as part of their annual meeting. 

    The summit will tackle key topics including strengthening supply chain resilience, securing access to critical minerals, and navigating the evolving landscape of export finance amid the growth of domestic industrial programmes and the advancement of artificial intelligence. 

    Tim Reid, Chief Executive of UK Export Finance, said:

    “In today’s world, collaboration between export credit agencies is more vital than ever to unlock critical financing for the largest and most pioneering opportunities aligned to our shared social and economic targets.

    “This annual summit, hosted this year by UKEF, offers a unique opportunity for our G7 ECAs to share insights, align strategies and develop joint approaches to deliver impact for our domestic exporters and in countries around the world. By working together, we can better support businesses navigating international trade challenges while driving sustainable economic growth across our nations.”

    Contact

    Media enquiries:

    Email newsdesk@ukexportfinance.gov.uk

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    Updates to this page

    Published 20 May 2025

    MIL OSI United Kingdom –

    May 20, 2025
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