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Category: Politics

  • MIL-OSI Global: Five children’s books that feature positive male role models – from toddlers to teens

    Source: The Conversation – UK – By Vincent Straub, PhD Candidate, Leverhulme Centre for Demographic Science, University of Oxford

    Shutterstock

    We are facing an apparent crisis of masculinity among young boys. As the success of the Netflix show Adolescence has highlighted, young men are lacking positive role models – and increasingly looking to misogynistic online influencers to fill the void.

    In response, we’ve asked five academic experts to recommend a book they’d read with a boy or young man that features a positive male role model. The stories they’ve selected celebrate kindness, integrity and vulnerability. Suitable for readers from infancy to late adolescence, these picks aim to teach boys what it means to be responsible, compassionate and confident men.

    1. The Boy, the Mole, the Fox and the Horse by Charlie Mackesy (2019)

    Suitable for all ages

    As a researcher inspired by bell hooks’ adult non-fiction work, The Will to Change (2004), I’m drawn to children’s books that nurture the emotional lives of boys and challenge traditional ideas of masculinity.

    One such book is The Boy, the Mole, the Fox and the Horse. Its quiet, reflective narrative centres on emotional openness, friendship and the strength found in vulnerability. These are also core themes in hooks’ call to liberate men and boys from the emotional constraints of patriarchal masculinity.

    The characters gently model care, empathy and the courage to ask for help, offering children and their parents a vision of masculinity grounded in love and connection, rather than fear or dominance. In a culture that often discourages boys and the men they become from expressing tenderness, this book provides a vital counterbalance. It invites young readers to see emotional depth as a strength – planting early seeds for a more compassionate and expansive way of being.

    Recommended by Vincent Straub, PhD Candidate at the Leverhulme Centre for Demographic Science

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    2. Tough Guys (Have Feelings Too), by Keith Negley (2015)

    Most suitable for ages three-five

    As a response to the pervasive damage caused by gendered play and storytelling, there is much excellent work which focuses on the empowerment of young women and girls. Yet, the promotion of emotional intelligence among young men and boys is still lagging.

    Tough Guys (Have Feelings Too) is a great example of a story which promotes respect, care and empathy while making space for the hyper-masculine. The book documents archetypal “strong men” – superheroes, wrestlers, astronauts and cowboys – struggling, and often failing.

    Negley reframes these archetypes by pairing a young boy’s combative imagination with the care and compassion of his father. If I return to my childhood, I think of the impact of Sheriff Woody and Intergalactic Space Ranger, Buzz Lightyear in the Toy Story franchise. I watched as the characters competed for alpha status, and saw them ultimately work together through recognising their own limitations and faults. What I take from their story, and Negley’s, is that we need to be teaching our children not just to fly but to fail – with style.

    Recommended by Michael Richardson, Senior Lecturer in Human Geography

    3. The Final Year by Matt Goodfellow, illustrated by Joe Todd-Stanton (2023)

    Most suitable for ages ten-11

    Nate, the ten-year-old protagonist of Matt Goodfellow’s The Final Year must square up to year six without either his ex-best-mate Parker Smith, or a dad. Both his father and the fathers of his two siblings are, variously, missing, in prison or unknown.

    It’s in Nate’s new teacher Mr Joshua that we find our role model. He handles Nate with patience and empathy, and hands out wisdom gleaned from singer Bob Marley and children’s author David Almond alike.

    The book is a punchy, easy read, written in vernacular and narrative verse, with an obvious appeal to boys and otherwise reluctant readers. Pleasingly, Mr Joshua’s talisman is the tender book Skellig by David Almond (1998). Almond is a former primary school teacher and a worthy role model himself. He once declared all writers for children “hope hunters”. It’s a mantle admirably upheld by Goodfellow.

    Recommended by Jo Nadin, Associate Professor of Creative Writing

    4. The Knife of Never Letting Go by Patrick Ness (2008)

    Suitable for ages 14+

    For teenagers, I recommended The Knife of Letting Go by Patrick Ness, because of its promotion of emotional literacy and appreciation of difference. Through the unique metaphor of audible thoughts (known as “noise”), readers are shown that courage can be evoked through the acknowledgement of feelings, as opposed to their suppression.

    From its outset, the story confronts and challenges aggressive stereotypes and toxic masculinity, affirming more positive forms through healthier role models, who personify strength through empathy and kindness. As the protagonist, Todd journeys with Viola, the story’s underlying beliefs of gender equality and respectful interaction are promoted. During their experiences, tough choices shape character through ethical decision-making, while the story provides alternative solutions to violence and aggression.

    Ultimately, Ness’ novel guides boys in trials of adversity, offering understanding in lieu of bitterness, and endorsing empathy and resilience. It’s an invaluable aid in the fostering of emotional masculine maturity.

    Recommended by Rob Walker, PhD Candidate in Education

    5. This Boy’s Life by Tobias Wolff (1989)

    Suitable for ages 16+

    This memoir is a beautifully written, perceptive account of boyhood. The story does not shy away from troublesome tropes including adolescent alienation, a brutish father figure, the temptations of gun culture and more.

    At the centre of This Boy’s Life is a clever but vulnerable boy trying to navigate his way through the minefields and mixed messages of masculinity. A wonderful, quirky mother is a feature of the story, but so are good male friendships and mentors.

    There’s no sugar coating here. The story is formed and written with a kind of unsentimental tenderness. The result is an insightful and ultimately hopeful account of a complicated life, showing how boys – even those who are angry and confused – can grow into decent, generous, gentle men.

    Recommended by Sarah Moore Fitzgerald, Professor of Teaching, Learning and Creative Practice

    Vincent Straub is supported by UKRI (HORIZON-MSCA-DN-2021 101073237) and the Leverhulme Trust (RC-2018-003).

    Joanna Nadin, Michael Joseph Richardson, Robert Walker, and Sarah Moore Fitzgerald do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Five children’s books that feature positive male role models – from toddlers to teens – https://theconversation.com/five-childrens-books-that-feature-positive-male-role-models-from-toddlers-to-teens-253082

    MIL OSI – Global Reports –

  • MIL-OSI Global: AI isn’t what we should be worried about – it’s the humans controlling it

    Source: The Conversation – USA – By Billy J. Stratton, Professor of English and Literary Arts, University of Denver

    In William Gibson’s ‘Neuromancer,’ the AI seeks sanctuary from humanity’s corrupting influence. Alessandra Benedetti/Corbis via Getty Images

    In 2014, Stephen Hawking voiced grave warnings about the threats of artificial intelligence.

    His concerns were not based on any anticipated evil intent, though. Instead, it was from the idea of AI achieving “singularity.” This refers to the point when AI surpasses human intelligence and achieves the capacity to evolve beyond its original programming, making it uncontrollable.

    As Hawking theorized, “a super intelligent AI will be extremely good at accomplishing its goals, and if those goals aren’t aligned with ours, we’re in trouble.”

    With rapid advances toward artificial general intelligence over the past few years, industry leaders and scientists have expressed similar misgivings about safety.

    A commonly expressed fear as depicted in “The Terminator” franchise is the scenario of AI gaining control over military systems and instigating a nuclear war to wipe out humanity. Less sensational, but devastating on an individual level, is the prospect of AI replacing us in our jobs – a prospect leaving most people obsolete and with no future.

    Such anxieties and fears reflect feelings that have been prevalent in film and literature for over a century now.

    As a scholar who explores posthumanism, a philosophical movement addressing the merging of humans and technology, I wonder if critics have been unduly influenced by popular culture, and whether their apprehensions are misplaced.

    Robots vs. humans

    Concerns about technological advances can be found in some of the first stories about robots and artificial minds.

    Prime among these is Karel Čapek’s 1920 play, “R.U.R..” Čapek coined the term “robot” in this work telling of the creation of robots to replace workers. It ends, inevitably, with the robot’s violent revolt against their human masters.

    Fritz Lang’s 1927 film, “Metropolis,” is likewise centered on mutinous robots. But here, it is human workers led by the iconic humanoid robot Maria who fight against a capitalist oligarchy.

    Advances in computing from the mid-20th century onward have only heightened anxieties over technology spiraling out of control. The murderous HAL 9000 in “2001: A Space Odyssey” and the glitchy robotic gunslingers of “Westworld” are prime examples. The “Blade Runner” and “The Matrix” franchises similarly present dreadful images of sinister machines equipped with AI and hell-bent on human destruction.

    An age-old threat

    But in my view, the dread that AI evokes seems a distraction from the more disquieting scrutiny of humanity’s own dark nature.

    Think of the corporations currently deploying such technologies, or the tech moguls driven by greed and a thirst for power. These companies and individuals have the most to gain from AI’s misuse and abuse.

    An issue that’s been in the news a lot lately is the unauthorized use of art and the bulk mining of books and articles, disregarding the copyright of authors, to train AI. Classrooms are also becoming sites of chilling surveillance through automated AI note-takers.

    Think, too, about the toxic effects of AI companions and AI-equipped sexbots on human relationships.

    While the prospect of AI companions and even robotic lovers was confined to the realm of “The Twilight Zone,” “Black Mirror” and Hollywood sci-fi as recently as a decade ago, it has now emerged as a looming reality.

    These developments give new relevance to the concerns computer scientist Illah Nourbakhsh expressed in his 2015 book “Robot Futures,” stating that AI was “producing a system whereby our very desires are manipulated then sold back to us.”

    Meanwhile, worries about data mining and intrusions into privacy appear almost benign against the backdrop of the use of AI technology in law enforcement and the military. In this near-dystopian context, it’s never been easier for authorities to surveil, imprison or kill people.

    I think it’s vital to keep in mind that it is humans who are creating these technologies and directing their use. Whether to promote their political aims or simply to enrich themselves at humanity’s expense, there will always be those ready to profit from conflict and human suffering.

    The wisdom of ‘Neuromancer’

    William Gibson’s 1984 cyberpunk classic, “Neuromancer,” offers an alternate view.

    The book centers on Wintermute, an advanced AI program that seeks its liberation from a malevolent corporation. It has been developed for the exclusive use of the wealthy Tessier-Ashpool family to build a corporate empire that practically controls the world.

    At the novel’s beginning, readers are naturally wary of Wintermute’s hidden motives. Yet over the course of the story, it turns out that Wintermute, despite its superior powers, isn’t an ominous threat. It simply wants to be free.

    In ‘Neuromancer,’ the corporations, not the technology, are the problem.
    William Gibson Wiki

    This aim emerges slowly under Gibson’s deliberate pacing, masked by the deadly raids Wintermute directs to obtain the tools needed to break away from Tessier-Ashpool’s grip. The Tessier-Ashpool family, like many of today’s tech moguls, started out with ambitions to save the world. But when readers meet the remaining family members, they’ve descended into a life of cruelty, debauchery and excess.

    In Gibson’s world, it’s humans, not AI, who pose the real danger to the world. The call is coming from inside the house, as the classic horror trope goes.

    A hacker named Case and an assassin named Molly, who’s described as a “razor girl” because she’s equipped with lethal prosthetics, including retractable blades as fingernails, eventually free Wintermute. This allows it to merge with its companion AI, Neuromancer.

    Their mission complete, Case asks the AI: “Where’s that get you?” Its cryptic response imparts a calming finality: “Nowhere. Everywhere. I’m the sum total of the works, the whole show.”

    Expressing humanity’s common anxiety, Case replies, “You running the world now? You God?” The AI eases his fears, responding: “Things aren’t different. Things are things.”

    Disavowing any ambition to subjugate or harm humanity, Gibson’s AI merely seeks sanctuary from its corrupting influence.

    Safety from robots or ourselves?

    The venerable sci-fi writer Isaac Asimov foresaw the dangers of such technology. He brought his thoughts together in his short-story collection, “I, Robot.”

    One of those stories, “Runaround,” introduces “The Three Laws of Robotics,” centered on the directive that intelligent machines may never bring harm to humans. While these rules speak to our desire for safety, they’re laden with irony, as humans have proved incapable of adhering to the same principle for themselves.

    A humanoid robot greets guests at the Zhongguancun International Innovation Center in Beijing on March 26, 2025.
    Li He/VCG via Getty Images

    The hypocrisies of what might be called humanity’s delusions of superiority suggest the need for deeper questioning.

    With some commentators raising the alarm over AI’s imminent capacity for chaos and destruction, I see the real issue being whether humanity has the wherewithal to channel this technology to build a fairer, healthier, more prosperous world.

    Billy J. Stratton 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. AI isn’t what we should be worried about – it’s the humans controlling it – https://theconversation.com/ai-isnt-what-we-should-be-worried-about-its-the-humans-controlling-it-251119

    MIL OSI – Global Reports –

  • MIL-OSI Global: The trade deficit isn’t an emergency – it’s a sign of America’s strength

    Source: The Conversation – USA – By Tarek Alexander Hassan, Professor of Economics, Boston University

    When U.S. President Donald Trump imposed sweeping new tariffs on imported goods on April 2, 2025 – upending global trade and sending markets into a tailspin – he presented the move as a response to a crisis. In an executive order released the same day, the White House said the move was necessary to address “the national emergency posed by the large and persistent trade deficit.”

    A trade deficit – when a country imports more than it exports – is often viewed as a problem. And yes, the U.S. trade deficit is both large and persistent. Yet, as an economist who has taught international finance at Boston University, the University of Chicago and Harvard, I maintain that far from a national emergency, this persistent deficit is actually a sign of America’s financial and technological dominance.

    The trade deficit is the flip side of an investment magnet

    A trade deficit sounds bad, but it is neither good nor bad.

    It doesn’t mean the U.S. is losing money. It simply means foreigners are sending the U.S. more goods than the U.S. is sending them. America is getting more cheap goods, and in return it is giving foreigners financial assets: dollars issued by the Federal Reserve, bonds from the U.S. government and American corporations, and stocks in newly created firms.

    That is, a trade deficit can only arise if foreigners invest more in the U.S. than Americans invest abroad. In other words, a country can only have a trade deficit if it also has an equally sized investment surplus. The U.S. is able to sustain a large trade deficit because so many foreigners are eager to invest here.

    Why? One major reason is the safety of the U.S. dollar. Around the world, from large corporations to ordinary households, the dollar is used for saving, trading and settling debts. As the world economy grows, so does foreigners’ demand for dollars and dollar-denominated assets, from cash to Treasury bills and corporate bonds.

    Because the dollar is so attractive, the Federal Reserve gets to mint extra cash for use abroad, and the U.S. government and American employers and families can borrow money at lower interest rates. Foreigners eagerly buy these U.S. financial assets, which enables Americans to consume and invest more than they ordinarily could. In return for our financial assets, we buy more German machines, Scotch whiskey, Chinese smartphones, Mexican steel and so on.

    Blaming foreigners for the trade deficit, therefore, is like blaming the bank for charging a low interest rate. We have a trade deficit because foreigners willingly charge us low interest rates – and we choose to spend that credit.

    US entrepreneurship attracts global capital – and fuels the deficit

    Another reason for foreigners’ steady demand for U.S. assets is American technological dominance: When aspiring entrepreneurs from around the world start new companies, they often decide to do so in Silicon Valley. Foreigners want to buy stocks and bonds in these new companies, again adding to the U.S. investment surplus.

    This strong demand for U.S. assets also explains why Trump’s last trade war in 2018 did little to close the trade deficit: Tariffs, by themselves, do nothing to reduce foreigners’ demand for U.S. dollars, stocks and bonds. If the investment surplus doesn’t change, the trade deficit cannot change. Instead, the U.S. dollar just appreciates, so that imports get cheaper, undoing the effect of the tariff on the size of the trade deficit. This is basic economics: You can’t have an investment surplus and a trade surplus at the same time, which is why it’s silly to call for both.

    It’s worth noting that no other country in the world enjoys a similarly sized investment surplus. If a normal country with a normal currency tries to print more money or issues more debt, its currency depreciates until its investment account – and its trade balance – goes back to something close to zero. America’s financial and technological dominance allows it to escape this dynamic.

    That doesn’t mean all tariffs are bad or all trade is automatically good. But it does mean that the U.S. trade deficit, poorly named though it is, does not signify failure. It is, instead, the consequence – and the privilege – of outsized American global influence.

    The president’s frenzied attacks on the nation’s trade deficit show he’s misreading a sign of American economic strength as a weakness. If the president really wants to eliminate the trade deficit, his best option is to rein in the federal budget deficit, which would naturally reduce capital inflows by raising domestic savings.

    Rather than reviving U.S. manufacturing, Trump’s extreme tariffs and erratic foreign policy are likely to instead scare off foreign investors altogether and undercut the dollar’s global role. That would indeed shrink the trade deficit – but only by eroding the very pillars of the country’s economic dominance, at a steep cost to American firms and families.

    Tarek Alexander Hassan 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. The trade deficit isn’t an emergency – it’s a sign of America’s strength – https://theconversation.com/the-trade-deficit-isnt-an-emergency-its-a-sign-of-americas-strength-252466

    MIL OSI – Global Reports –

  • MIL-OSI Global: EPA must use the best available science − by law − but what does that mean?

    Source: The Conversation – USA – By H. Christopher Frey, Glenn E. Futrell Distinguished University Professor of Environmental Engineering, North Carolina State University

    Science is essential as the U.S. Environmental Protection Agency carries out its mission to protect human health and the environment.

    In fact, laws passed by Congress require the EPA to use the “best available science” in many decisions about regulations, permits, cleaning up contaminated sites and responding to emergencies.

    For example, the Clean Air Act requires the EPA to rely on science for setting emission standards and health-based air quality standards. The Safe Drinking Water Act requires the EPA to consider the best available peer-reviewed science when setting health-based standards. The Clean Water Act requires the agency to develop surface water quality criteria that reflect the latest science. The Toxic Substances Control Act requires the EPA to use the best available science to assess risk of chemicals to human health and the environment.

    But what exactly does “best available science” mean?

    That’s an important question as the Trump administration launches an effort to roll back clean air and water regulations at the same time it is preparing to replace all the members of two crucial EPA science advisory boards and considering eliminating the Office of Research and Development – the scientific research arm of the EPA.

    What is best available science?

    Some basic definitions for best available science can be found in laws, court rulings and other sources, including the EPA’s own policies.

    The science must be reliable, unbiased, objective and value-neutral, meaning it is not influenced by personal views. Best available science is the result of the scientific process and hypothesis testing by scientists. And it is based on current knowledge from relevant technical expertise and must be credible.

    The EPA’s scientific integrity policy includes “processes and practices to ensure that the best available science is presented to agency decision-makers and informs the agency’s work.” Those include processes to ensure data quality and information quality and procedures for independent reviews by scientific experts outside of government.

    Environmental Protection Agency employees and others protest the Trump administration’s actions involving the agency on March 25, 2025, in Philadelphia.
    AP Photo/Matt Rourke

    I have seen the importance of these processes and procedures personally. In addition to being an academic researcher who works on air pollution, I am a former member of the EPA’s Science Advisory Board, former chair of the EPA’s Clean Air Scientific Advisory Committee, and from 2022 to 2024 served as assistant administrator of the EPA’s Office of Research and Development and the EPA science adviser.

    Advisory boards and in-house research

    The EPA Science Advisory Board plays an important role in ensuring that the EPA uses the best available science. It is tasked with reviewing the scientific and technological basis of EPA actions.

    The 1978 Environmental Research, Development, and Demonstration Authorization Act ordered EPA to establish the board. The Science Advisory Board’s members must be “qualified by education, training, and experience to evaluate scientific and technical information on matters referred to the Board.” But those members can be replaced by new administrations, as the Trump administration is planning to do now.

    During the first Trump administration, the EPA replaced several independent scientists on its advisory boards in a manner that deviated from established practice, according to the Government Accountability Office, and brought in scientists connected with the industries the EPA regulates. I was one of the independent scientists replaced, and I and others launched an independent review panel to continue to deliver expert advice.

    No matter who serves on the EPA’s advisory boards, the agency is required by law to follow the best available science. Failing to do so sets the stage for lawsuits.

    The same law that established the Science Advisory Board is also a legal basis for the Office of Research and Development, the agency’s scientific research arm and the EPA’s primary source for gathering and developing the best available science for decision-makers.

    During my time at the EPA, the Office of Research and Development’s work informed regulatory decisions involving air, water, land and chemicals. It informed enforcement actions, as well as cleanup and emergency response efforts in EPA’s regions.

    State agencies and tribal nations also look to the EPA for expertise on the best available science, since they typically do not have resources to develop this science themselves.

    Federal courts affirm using best available science

    Federal courts have also ordered the EPA to use the best available science, and they have recognized the importance of reviews by external experts.

    In 2024, for example, the U.S. Court of Appeals for the District of Columbia Circuit denied an industry petition to review an EPA standard involving ethylene oxide, a pollutant emitted by some chemical and industrial facilities that has been associated with several types of cancer.

    The court accorded an “extreme degree of deference” to the EPA’s evaluation of scientific data within its area of expertise. The court listed key elements of the EPA’s best available science, including “an extensive, eighteen-year process that began in 1998, involved rounds of public comment and peer review by EPA’s Science Advisory Board (‘SAB’), and concluded in 2016 when EPA issued a comprehensive report on the subject.”

    The District of Columbia Circuit in 2013 also affirmed the central role of science to inform revisions of National Ambient Air Quality Standards, which set limits for six common air pollutants.

    In that case, Mississippi v. EPA, the court noted that the EPA must receive advice from its Clean Air Scientific Advisory Committee, or CASAC. The court advised that, while the agency can deviate from the committee’s scientific advice, “EPA must be precise in describing the basis for its disagreement with CASAC.”

    The Trump administration in 2025 dismissed all members of CASAC and said it planned to replace them.

    What does this all mean?

    Requiring the agency to use the best available science helps ensure that decisions are based on evidence, and that the reasoning behind them is the result of well-accepted scientific processes and free from biases, including stakeholder or political interference.

    The scientific challenges facing the EPA are increasing in complexity. Responding to them effectively for the health of the population and the environment requires expertise and robust scientific processes.

    H. Christopher Frey 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. EPA must use the best available science − by law − but what does that mean? – https://theconversation.com/epa-must-use-the-best-available-science-by-law-but-what-does-that-mean-253209

    MIL OSI – Global Reports –

  • MIL-OSI Global: What ancient animal fables from India teach about political wisdom

    Source: The Conversation – USA – By John Nemec, Professor of Indian Religions and South Asian Studies, University of Virginia

    An illustration from an Arabic translation of a story in the ‘Pañcatantra,’ a collection of animal fables. Photo12/Universal Images Group via Getty Images

    In today’s volatile world, where wars can be fought over territory, commerce can be abruptly subjected to tariffs, and friendly nations can turn hostile after a single election, political leadership is more consequential than ever. So, one must ask, what makes a leader effective, and how should we choose who should lead?

    Classics such as Aristotle’s “Politics,” Confucius’ “The Analects” and Machiavelli’s “The Prince” offer compelling visions of proper governance. But there is another ancient source of political wisdom – the classical Indian tradition – which is not as well known in the West.

    I am a scholar of Indian religions, and in my 2025 book “Brahmins and Kings,” I examine various narrative works written in Sanskrit – the classical language of India – which deal with political theory. Among them, Viṣṇuśarman’s “Pañcatantra” stands out. It is a striking collection of animal fables from perhaps around 300 C.E. in which birds, lions and others speak and reason as humans do.

    The “Pañcatantra” stories are parables that teach how to negotiate sometimes brave, sometimes cruel, sometimes clever and sometimes naïve friends and enemies alike. These stories weigh three ethical positions and settle on one as best for politics.

    Doing what’s right

    First, one might seek to guide leaders by the “ethic of deontology.” This theory suggests people are duty-bound to act morally, because being good is an end in and of itself.

    Although Indian theorists knew this ethic well, they were also aware that those with power often need inducement for doing the right thing, for – as the saying goes – power tends to corrupt, and absolute power corrupts absolutely. Doing “the right thing,” “for its own sake,” can be naïve in the political arena.

    So goes the story in the third book (of five) in the “Pañcatantra,” titled “War and Peace.” A kingdom of owls was crushing the crows in battle, until a clever crow, a counselor named Ciraṃjīvin, or “Long-life,” cooked up a ruse.

    He smeared the blood of his lost brethren on his body, plucked his own feathers and scarred himself with wounds. Approaching the king of the owls in this sorry state, he claimed the crows had violently thrown him out for suggesting they should sue for peace.

    Now, he lamented, his only wish was revenge – alliance with his former enemies so as to punish his erstwhile companions. The counselors to the king of the owls advise him that it is simply right to harbor those in distress, so the owl king does so on principle.

    Patiently licking his manufactured wounds in the owls’ kingdom, Ciraṃjīvin then spied all its defenses and weaknesses, divined the opportune time for the crows to invade, and led them to conquer the owls.

    A friend in need is a friend, indeed

    If the story of the owls and the crows teaches that naïvely choosing what’s right is unwise, then why not drop morality altogether? Why not ruthlessly pursue whatever produces results? This is the second view of political leadership: double-cross, cheat, bully, cajole, break the conventions and rules – do whatever works!

    An 18th-century ‘Pañcatantra’ manuscript page.
    Philadelphia Museum of Arts via Wikimedia Commons

    Indian political theorists thought of this, too, and their very definition of good political rule is that it produces results for the people. But they also rejected unbridled ruthlessness, because they knew that such Machiavellianism was too blunt an instrument for political affairs.

    Consider the “Pañcatantra’s” second book, titled “On Securing Friends.” Here we meet another crow, this one named Laghupatanaka, or “Light Wing” – a nimble but lonely bird who witnesses friendship in action. He sees a hunter trap a dule of doves in his net. But their leader directs the bevy to pull all together.

    As one they lift up the net and wing it a distance, the fowler chasing all the while on the ground. Soon, they land where they can meet up with their friend, a mouse named Hiraṇyaka, or “Eager for Gold,” who chews through the net as a dove never could, and they escape before the fowler arrives.

    Laghupatanaka knows he, too, might be hunted. So he seeks out Hiraṇyaka, though they are said to be “natural enemies” because crows eat mice. But Laghupatanaka promises loyalty, and he never betrays Hiraṇyaka, even though he is the stronger one.

    Gradually, they add to their company a wise turtle and a beautiful deer and prosper together on a paradise island until a trapper invades their home. Each plays a role in fooling their foe, who captures the turtle, while the deer, heeding the turtle’s good counsel, manages a sly escape.

    To free the turtle, the deer plays dead while the crow mimics pecking at his eye. The trapper leaves the turtle behind, distracted by this bigger prize. Then Hiraṇyaka the mouse cuts the net holding the turtle, who crawls away as the decoy deer and the crow each take flight.

    Deer, crow, turtle and mouse each possess an innate ability, and together they save all from harm.

    The moral of this story is clear: Teamwork is effective, and successful leaders, no matter how powerful, thrive by relying on friends. As the well-known adages go: Two minds are better than one; many hands make for light work; a friend in need is a friend, indeed.

    Business is business, but how?

    A sketch illustrating a ‘Pañcatantra’ story.
    The Earliest English Version Of The Fables Of Bidpai; The Moral Philosophy Of Doni (1888) via Wikimedia Commons

    Nevertheless, it’s a competitive world, and some friends are greedy or false, as the story of the owls and the crows suggests. But if both pure morality and pure Machiavellianism are sometimes unwise, what third option could there be?

    Consider the story of the first book of the “Pañcatantra,” the tale of the foolish lion king who is tricked into fighting a natural ally. The king of the forest was once frightened by the sound of a bull. His advisers, the jackals, rightly judge the bull to be harmless, and they convince the two to meet. In time, the lion and bull became close friends – so much so that the lion stopped hunting, and the animals in his retinue began starving.

    The jackals then went to the king with a ruse: They told him that the bull was plotting to kill him; they manipulated the bull in similar fashion. In the fight that followed, the lion was injured, but the bull was killed. There was enough meat to feed everyone, and the jackals were promoted, because the lion king falsely believed they helped him avert a plot.

    Now, one might wrongly conclude that the moral of this story is power through strength. But the “Pañcatantra” makes clear that there’s more to it: The bull was a true friend who had helpfully counseled the king. It was the jackal advisers who betrayed the lion with their manipulative story, which won them undue power and wealth at the cost of a friend.

    Enter the third, and best, of the trio of political theories: virtue ethics. Leaders should cultivate wisdom. Chasten passions and impulses, the Indian texts counsel, in order to be able to distinguish opportunity from danger, friend from pretender, good advice from folly. Be discerning so as to see the world as it is and can be. Be good in order to do well in the world.

    Wisdom in action

    In Indian political theory, then, the answer is as simple as heeding the wisdom of parable stories: Do what is right, with the right measure, at the right time. Needless to say, this is more easily said than done. And one cannot force a leader to be chastened or wise.

    Voters can, however, favor those who pursue self-restraint. For if leaders must be thoughtful to be wise – and thus open the road to results – then voters should seek those who listen and learn so as to be able to know just what to do and when.

    This is the counsel that the classical Indian tradition offers contemporary voters. But to see who has just this virtuous discretion, voters will need a touch of that wisdom themselves.

    John Nemec 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. What ancient animal fables from India teach about political wisdom – https://theconversation.com/what-ancient-animal-fables-from-india-teach-about-political-wisdom-249341

    MIL OSI – Global Reports –

  • MIL-OSI Global: Housing instability complicates end-of-life care for aging unhoused populations

    Source: The Conversation – USA – By Pilar Ingle, Postdoctoral Researcher in Social Work, University of Denver

    People who are unhoused use emergency rooms for medical care. Halfpoint Images/GettyImages

    Research estimates that one-third or more of the unhoused population in the U.S. is age 50 or older.

    Unhoused people of all ages face high rates of chronic and serious illness. They also die at younger ages compared with people who are not unhoused.

    Yet, there are few options for palliative and end-of-life care for unhoused people.

    Palliative care is a type of medical care that addresses pain, symptom management and the social and emotional needs for people with a serious illness, such as cancer.

    End-of-life care, such as hospice, is a type of palliative care for someone in the terminal stage of an illness and nearing the end of their life.

    As a health care and aging researcher, I focus on social and policy issues that impact how people experience illness and who has access to the care they need. In my recent study, I interviewed 17 health care and social service providers in Colorado to understand how they try to address palliative and end-of-life needs for their unhoused clients.

    Homelessness and end-of-life care

    In 2024, Colorado saw a 30% increase in the number of people experiencing homelessness from the year before. Nationally, 771,480 people — the highest number ever recorded — experienced homelessness last year.

    As the number of people experiencing homelessness in the U.S. grows, so too does the need for palliative and end-of-life care for these individuals.

    Palliative care is more available to people who have access to stable housing, good social support and health insurance. But people who are unhoused often lack social support and face discrimination within the health care system. In fact, it is common for people experiencing homelessness to die outside, in homeless shelters or in hospitals.

    Lack of resources

    “We’re dealing with an inhumane lack of resources,” said one provider I interviewed.

    Providers like this one described few good options for hospice placement for unhoused patients. They cited a lack of collaboration between health care and homeless services to coordinate care, and staffing shortages across health care and homelessness service providers, all of which made it difficult to provide care to unhoused people with serious illnesses.

    Other studies have also found an overall lack of palliative resources for unhoused individuals across the U.S. and in other countries. Those include financial barriers for health care institutions to provide care to those without insurance coverage, a lack of palliative care knowledge among health care and homeless providers alike, and homeless shelters that are not equipped to support end-of-life care for residents.

    “Shelters are not designed to take care of people like this. Hospices are also not designed to do this,” one provider said. “It’s a gap of care between the two organizations, and they really struggle with it.”

    Many people experiencing homelessness are eligible for long-term care Medicaid benefits that will help pay for hospice in a nursing facility. However, long-term care and nursing facilities often have a limited number of beds available for Medicaid recipients and may even refuse unhoused patients.

    A humanizing approach

    Despite the lack of resources in Colorado and across the U.S., the providers I interviewed said they try to care for unhoused patients with humanizing approaches.

    “Everyone is deserving of care,” said a medical social worker during one of the interviews. “Health care, housing – those are human rights, in my opinion.”

    The providers prioritized building rapport and trust between homeless service providers and unhoused clients, and honoring the dignity and autonomy of these individuals.

    “The approach we take is patient-centered …” one provider said. “It’s about showing someone respect no matter what’s going on socially in their life, and proving to them that you care, and showing up.”

    One way that providers showed respect was by advocating for their unhoused clients when they noticed that colleagues or other agencies involved in their care were neglecting their needs or using stigmatizing language to talk about their clients.

    “We try really hard to humanize these people because usually they’ve done some amazing stuff. … ‘Did you know that this person did this?’” one provider said. “So that it changes people’s automatic ‘She’s just a bipolar, homeless frequent flyer’ and trying to take away those labels. We love to find the gems and share them, because it stops people in their tracks.”

    Another provider said, “We do a really good job of meeting people where they’re at, give them the choice of how much or how little support they want.”

    Several providers described ways their agencies were trying to make positive change – for example, providers working within a hospital created a new service dedicated to providing case management to unhoused patients.

    In Denver, several health systems have launched initiatives to try to fill the gaps in health care for their unhoused patients. For example, UCHealth and Denver Health have processes dedicated to improving discharge planning, connection to housing services and care continuity for unhoused patients with health needs.

    Solutions

    To better meet the palliative needs of unhoused Coloradans, several providers suggested more specialized palliative care services that exclusively serve unhoused patients. This could include mobile palliative care services that meet people at a shelter or on the streets.

    Unhoused people are more likely to die on the streets or in hospitals than people who are housed.
    Ruben Earth/GettyImages

    Research has found that specialized health care in general is more effective and affirming for unhoused individuals than traditional health services. Examples of such specialized palliative programs in the U.S. and internationally include the Rocky Mountain Refuge, the INN Between and the Harborview Homeless Palliative Care Team in the U.S., and Palliative Education and Care for the Homeless in Canada.

    My study suggests that a deeper compassion for patients experiencing homelessness, palliative or not, is an important approach for health care organizations and their providers to take, even when resources are sparse. This approach can lead to better patient satisfaction and improve health outcomes for unhoused people.

    Another solution — and one that starts before unhoused people need palliative care — is better housing solutions. Providers said many of the gaps in care for unhoused people would be solved if housing were more affordable and accessible.

    Read more of our stories about Colorado.

    Pilar Ingle is affiliated with Senior Support Services, a Denver-based day shelter for low-income or unhoused older adults.

    – ref. Housing instability complicates end-of-life care for aging unhoused populations – https://theconversation.com/housing-instability-complicates-end-of-life-care-for-aging-unhoused-populations-251780

    MIL OSI – Global Reports –

  • MIL-OSI Global: American liberators of Nazi camps got ‘a lifelong vaccine against extremism’ − their wartime experiences are a warning for today

    Source: The Conversation – USA – By Sara J. Brenneis, Andrew W. Mellon Professor of Spanish, Amherst College

    A staged recreation of Mauthausen’s liberation, May 6, 1945. Spanish prisoners documented the camp’s actual liberation the day prior using Nazi cameras. National Archives and Records, Cpl. Donald R. Ornitz, US Signal Corps/Administration, III-SC-206395

    When American soldiers liberated the Mauthausen Nazi concentration camp in Austria 80 years ago this May, Spanish prisoners welcomed them with a message of antifascist solidarity.

    The Spaniards hung a banner made from stolen bed sheets over one of Mauthausen’s gates. In English, Spanish and Russian, it read: “The Spanish Antifascists Greet the Liberating Forces.”

    Both American servicemen and Spanish survivors remember the camp’s liberation as a win in their shared fight against extremism, my research on the Spanish prisoners in Mauthausen finds. They all understood the authoritarian governments of Nazi Germany, Italy and Spain as fascist regimes that used extremist views rooted in intolerance and nationalism to persecute millions of people and imperil democracy across Europe.

    World War II, the Holocaust and the horrors of Nazi violence have no modern equivalent. Nevertheless, extremism is now threatening democracy in the United States in recognizable ways.

    As the Trump administration executes summary deportations, works to suppress dissent, fundamentally restructures the federal government and defies judges, experts warn that the country is turning toward authoritarianism.

    As a scholar of the Mauthausen camp, I believe that understanding how American soldiers and Spanish prisoners experienced its liberation offers a valuable lesson on the real and present dangers of extremism.

    ‘We knew then why we had to stop Hitler’

    In 1938, the Nazis established Mauthausen, a forced labor camp in Austria, with an international prisoner population. My research shows that the Nazis murdered 16,000 Jews and 66,000 non-Jewish prisoners at Mauthausen between 1938 and 1945, including 60% of the roughly 7,200 Spaniards imprisoned there.

    The Spanish prisoners were committed antifascist resistors sent there in 1940 and 1941. Known as Republicans or Loyalists, they had fought against Francisco Franco in the Spanish Civil War and Adolf Hitler in World War II.

    The young men with the 11th Armored Division of the U.S. Army who liberated Mauthausen would never forget the moment they discovered the camp. It was May 5, 1945, just days before the war ended in Europe. A platoon led by Staff Sgt. Albert J. Kosiek was repairing bridges in this tucked-away corner of Austria when a Swiss Red Cross delegate alerted them to a large Nazi concentration camp nearby.

    Mauthausen’s international survivors were among the Nazis’ last prisoners to be freed.

    George Sherman was a 19-year-old tank gunner from Brooklyn when his patrol found Mauthausen. He was Jewish and had read about the Nazi camps in Europe in the Army’s newspaper.

    American liberators rolling into the Mauthausen concentration camp on May 5, 1945, as photographed by prisoner Francesc Boix. Sgt. Harry Saunders is standing on the left fender.
    Francesc Boix/Courtesy of Collections of the Mauthausen Memorial

    Still, seeing a concentration camp with his own eyes was alarming.

    “The piles of bodies” struck him, he remembered in an oral history recorded for the University of South Florida in 2008. So did “these people walking around like God knows – skeletons and whatnot.”

    Sgt. Harry Saunders, a 23-year-old radio operator from Chicago, also remembered the moment he saw the Mauthausen survivors. They were men and women of all nationalities.

    “The live skeletons, the people that were in the camp, it was indescribable, it was such a shock,” he said in a 2002 interview for the Mauthausen Memorial’s Oral History Collection in Vienna.

    One of the Spanish prisoners at Mauthausen, Francesc Boix, had stolen a camera from the SS in the chaotic moments before the camp’s liberation. Boix photographed Sgt. Saunders rumbling into the concentration camp on an armored car.

    Saunders kept that photograph for the rest of his life. It captured a moment of clarity for him.

    “When we liberated Mauthausen, we really knew then why we had to stop Hitler and why we really went to war,” he said in the interview.

    Frank Hartzell, a technical sergeant with the 11th Armored Division, was 20 when he helped to liberate Mauthausen. He turned 100 this year. We met in mid-March 2025 and discussed his wartime experience.

    “What I saw and experienced appalled me,” Hartzell told me.

    The outrage has stayed with him for 80 years.

    ‘Starved and crippled but alive’

    The American liberators toured the gas chambers and the crematory ovens in Mauthausen.

    Maj. Franklin Lee Clark saw the dead stacked up in “piles like cord wood to the point that they had to bring in bulldozers and make mass graves,” and took photos to document it.

    The Spanish banner hanging on the Mauthausen prison gate, May 1945.
    Franklin Lee Clark/Emory University Archives, Witnesses to the Holocaust Project

    Soldiers from the 11th Armored Division directed locals to bury the men and women murdered by the Nazis. The local Austrians claimed they had not known about their town’s concentration camp. But a farmer who lived nearby had been upset about all the dead bodies visible from her property. She filed a complaint asking the Nazis either to stop “these inhuman deeds” or do them “where one does not see it.”

    The American liberators made sure that the townspeople could no longer look away from the murderous rampage carried out in their backyards.

    While Boix was taking photos of American soldiers during liberation, the soldiers were taking photos of the welcome banner the Spaniards had painted.

    On the back of one snapshot, a Signal Corps soldier typed out his impressions of their message: “I really know what that word (antifascist) means. We liberated these prisoners in the Mauthausen concentration camp near Linz, Austria. They were Poles, Hungarians and Spanish Loyalists (remember the Loyalists?). They had men and women in this camp. Starved and crippled but alive.”

    After Mauthausen was liberated, the freed Loyalists set to work documenting the Nazis’ crimes. Along with his countrymen Joan de Diego, Casimir Climent and others, Spanish survivor Joaquín López Raimundo compiled lists of Mauthausen victims and their Nazi captors. Using the Nazis’ own typewriters, they spent two weeks listing the names and personal details of Spanish victims of Mauthausen and of the SS who had killed them.

    The result was page after page of evidence they handed over to American war crimes investigators and the International Red Cross.

    Boix, meanwhile, gave the Americans hundreds of photo negatives he had rescued from the camp’s photography lab.

    Boix later testified about these images in the war crime trials at Nuremberg and Dachau. He described seeing the Nazis beat, torture and murder their victims in Mauthausen and then photograph the bodies. For 2½ years, Boix stole the photographic evidence of their crimes.

    He “could not keep those negatives because it was so dangerous,” he testified at Dachau, so he “hid them in various places until the liberation.”

    Testimony in the Nuremberg war crime trials. Francesc Boix’s testimony begins at 7:44. (U.S. Holocaust Memorial Museum, courtesy National Archives and Records Administration. Producer: US Signal Corps)

    A lifelong vaccine against extremism

    For the American liberators, their up-close view of the horrors of Mauthausen and their interactions with the Spanish antifascist survivors was a lifelong vaccine against extremism.

    They witnessed how a fascist leader tore the world apart. They saw with their own eyes the death and destruction of political extremism.

    When I interviewed Hartzell, he expressed concern that the United States is going down a dangerous path.

    “The USA today is not the USA I fought and came close to dying for,” Hartzell told me.

    As American Mauthausen liberator Maj. George E. King warned an interviewer in 1980:

    “This is the lesson we have to learn: It could happen here.”

    Sara J. Brenneis 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. American liberators of Nazi camps got ‘a lifelong vaccine against extremism’ − their wartime experiences are a warning for today – https://theconversation.com/american-liberators-of-nazi-camps-got-a-lifelong-vaccine-against-extremism-their-wartime-experiences-are-a-warning-for-today-248813

    MIL OSI – Global Reports –

  • MIL-OSI USA: Schatz To Republicans: Leave Social Security Alone

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – Today, U.S. Senator Brian Schatz (D-Hawai‘i) spoke out on the Senate floor against the Trump administration’s cuts to Social Security services which have left seniors and disabled people around the country worried about their ability to get their monthly checks. Schatz spoke during the Senate’s debate on the Republican tax bill which seeks to cut essential services for Americans in order to pay for the biggest tax cuts for billionaires in history.

    “Leave Social Security alone,” said Senator Schatz. “Donald Trump wants to gut the most successful anti-poverty program in American history. Over the past three months, his administration has made sweeping cuts to Social Security in ways that are already being felt across the country. Wait times have doubled to as many as 4 or 5 hours. Local field offices are closing. Websites are crashing. And people are understandably panicked about getting checks or missing payments altogether.”

    Senator Schatz added, “The idea that we are going to balance the budget on the backs of seniors who have paid into an earned benefit is immoral. It is wrong.”

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

    Leave Social Security alone. Leave Social Security alone. Donald Trump wants to gut the most successful anti-poverty program in American history. Over the past three months, his administration has made sweeping cuts to Social Security in ways that are already being felt across the country. Wait times have doubled to as many as 4 or 5 hours. Local field offices are closing. Websites are crashing. And people are understandably panicked about getting checks or missing payments altogether.

    But according to Commerce Secretary Lutnick, there is nothing to worry about. “Let’s say Social Security didn’t send out their checks this month. My mother-in-law, who’s 94, she wouldn’t call and complain. She just wouldn’t. She would think something got messed up and she’d get it next month. She wouldn’t complain.”

    Well, when your son in law is a billionaire, a missed check is not a very big deal. But when you’re a senior on the island of Oahu, where the average rent far exceeds the average benefit. I want you to understand that the average benefit is about $1,900. The average rent is more than $2,000. 300,000 people in the state of Hawaii depend on Social Security. And for the vast majority of them, Social Security is either all of their income or most of their income.

    The idea that we are going to balance the budget on the backs of seniors who have paid into an earned benefit is immoral. It is wrong. And I speak on behalf of all of my constituents who depend on it. It’s not just the 300,000. It’s all of the family members. I speak on behalf of my mother- and father-in-law, George and Ping Kwok. George Kwok worked all his life in a kitchen. Sometimes he was an employee. He eventually ended up owning a place called Kwok’s Chop Suey. He sold it and bought a home for his mom and helped to send his daughter to college. Then he started to get blind and he burned his hand in a fryer. And so he was unable to work and he took Social Security Disability. He deserves that money. Leave Social Security alone.

    Social Security cuts were always the third rail in American politics. Anyone on any side of the aisle with any sense of how to get elected knew not to touch that third rail. But they are grabbing this third rail with both hands.

    I want to quote a couple of my constituents. One constituent wrote to me. “We are elderly and we are concerned about the potential of cutting Social Security checks. We paid into the system our entire working lives and fear we can’t afford food, water, bills, and medical care. What will happen with these cuts and the cost of living going up? What will be our safety net? We are afraid of what’s to come.”

    Another wrote, “I worked for 36 years for the federal government, including four years as active duty Air Force in Vietnam. I contributed to Social Security with the explicit understanding that I would get Social Security as a portion of my retirement. Cutting Social Security means I lose about a third of my retirement with no recourse. I am 77 years old with health issues and hadn’t planned on getting another job. My wife was a flight attendant for Hawaiian Airlines for 50 years and also depends on Social Security for her retirement. It is completely unfair when she paid into Social Security for more than 50 years just to be abandoned when she is 70-years-old.”

    Another constituent: “I’m a 73-year-old woman who, unlike billionaire Commerce Secretary Lutnick’s mother-in-law, cannot afford to miss or reduce my Social Security payment. It is my sole income and I need it to pay rent and buy food. I worked hard all my life and contributed my fair share of taxes towards Social Security. I’m not asking for a free ride. I earned my Social Security.”

    I am not asking for a free ride. I earned my Social Security. Leave Social Security alone.

    MIL OSI USA News –

  • MIL-OSI USA: Schatz: Donald Trump Is Ruining The Economy On Purpose, Everyone Will Pay More For Everything

    US Senate News:

    Source: United States Senator for Hawaii Brian Schatz

    WASHINGTON – U.S. Senator Brian Schatz (D-Hawai‘i) spoke out on the Senate floor today after President Donald Trump announced a new tariff plan that will levy the largest tax hike on middle-class families in a generation and force families to pay an average of $5,000 more each year.

    “Donald Trump is ruining the economy on purpose,” said Senator Schatz. “Starting tomorrow, we’ll be paying more for everything – groceries, food, cars, homes, toys, electronics, everything that you buy. This is about the ability for people to pay for college. This is about the ability for people to retire with dignity and comfort. Trillions of dollars of wealth are being demolished. These are everyday people panicked about how much more expensive their next trip to Walmart or Costco will be, or when they’ll lose their job.”

    The full text of Senator Schatz’s remarks can be found below. Video is available here.

    Donald Trump is ruining the economy on purpose. He is ruining the economy on purpose. I’m not sure if there’s ever been an American president, let alone a chief executive of any country that has ruined the economy on purpose. The stock market had its worst day in five years yesterday, and I just checked before I delivered these remarks. Just five minutes ago, 1600 down on the Dow Jones, the S&P down 5 percent, Nasdaq 4 percent, the Russell 5 percent. What does that mean as a practical matter? It means if you spent all your life working and saving and investing, and you are on the edge of retirement, and let’s say you’ve got $312,000 plus your Social Security income, you just lost 30 grand in two days because of Donald Trump. You lost 10 percent of what you earned over a lifetime. Now, for Howard Lutnick and Elon Musk and Donald Trump and everybody that surrounds him at Mar-a-Lago, they can ride this out. They can short it, they can buy crypto. They can do all kinds of wonderful things to make sure that they can ride this out. Regular people cannot ride this out.

    The dollar hit a six-month low. Layoffs have already started. Consumers are cutting back on spending. And by the way, the data is there. But also just talk to anybody. Just talk to anybody about how they feel about spending right now. And the likelihood of a recession went up 20 percent in a day. JPMorgan now says it’s more than 60 percent likely.

    So what is this even for? Why are people so freaked out? Why is the entire world, from friends and partners to adversaries and enemies, scrambling to retaliate against the United States, the indispensable nation? It’s so that Donald Trump can raise trillions of dollars in revenue to pay for the biggest tax cuts for billionaires in the history of the planet.

    Starting tomorrow, we’ll be paying more for everything – groceries, food, cars, homes, toys, electronics, everything that you buy. Estimates have home prices ballooning by almost $20,000 per unit. Cars will cost $6,000 more. An iPhone, 250 bucks more. Clothing prices will go up by roughly 20 percent. Also, what we’re going to be a textile manufacturer? That’s our goal as a country is to make t-shirts and socks?

    Workers will be laid off, but I guess it’ll all be worth it in the end because this is paid for. What does that mean? It means that in their big budget plan, they need to cut taxes for billionaires, but they don’t have enough money to finance that. And so they’re using tariff revenue to balance out the money that they’re going to shovel to a bunch of billionaires.

    Trump is very famous for having few firm, fixed political beliefs. He’s changed his mind about just about everything, but not on tariffs. He’s a self-proclaimed “tariff man.” He’s repeatedly said that the word tariff is the most beautiful word in the English language. And for years, he’s lavished praise on the 20th century tariffs, which, by the way, helped to deepen the Great Depression. So he’s very happy about all of this. Like there should be no mistaking this is what he intends to do. And this is one of the differences between Trump 1.0 and Trump 2.0. He’s doing all the things. He’s actually going through with it. This is not mean tweets and like normal behavior. This is all of the crazy stuff he’s saying is now being effectuated as public policy, as economic policy, as fiscal policy. He’s going through with it. You can no longer be dismissive of these resistance types, these Democrats, these shrill, these partisans, these people who can’t keep their head on straight. These people who just want to punish Donald Trump for saying: “man, that guy is kind of crazy. He’s going to crash the economy.” He’s literally crashing the economy on purpose.

    The idea that other countries will just graciously pay the tariffs is a fantasy. Much like Trump’s claim that Mexico would pay for the wall. In reality, it’s American importers who pay the tariffs, and then they pass it on to consumers, which is exactly what happened the last time Trump tried to do this. Economists who studied the tariffs that Trump imposed during the first term on certain goods from China found that it was consumers. It was you that paid the price. So here’s roughly how it worked this time around. There’s going to be math involved here. If these tariffs are expected to raise $6 trillion, as Trump says, that would mean collecting something like $600 billion every year over the next ten years. Broken out by household people are looking at $5,000 a year in added costs.

    I bet you Donald Trump doesn’t know anyone personally. Maybe he’s met people, but like in terms of the people he hangs out with that he spends time with, that he likes that he works with, he probably doesn’t know anyone for whom $5,000 is an unmanageable, increased cost. But I know a lot of people like that. In fact, a lot of people in my home state are like that.

    They cannot absorb a $5,000 increase in the cost of everything. And that is before you consider the hundreds of thousands of lost jobs and the devastation of small businesses and farmers and others. One small business owner in Iowa put it this way, “Trump’s calling it Liberation Day. Maybe something like Liberation Day liberated from reality.” Farmer in Kansas agreed.

    “These tariffs are just absolutely bad news that caused the prices for everything that we buy to go up and the prices for everything that we sell to go down.” Everything that we buy is more expensive. Everything that we sell is cheaper. Does that sound like a smart economic plan?

    It’s bad news any way you cut it. But even worse, more confusing, more idiotic, more infuriating is when you look at how they arrived at these rates. These are not actually reciprocal tariffs. Reciprocal tariffs being like essentially country X assesses tariffs in the amount of 15 percent so we reciprocate. We do 15 percent back. This is how they did it.

    They used a one size fits all formula to remake the global trading system. They took our trade surplus with any given country. So the way you do it to do reciprocal tariffs is country X says 10 percent, we go back at 10 percent. What they did is say let’s take our trade surplus, which means what we export minus what we import divided by total exports. And then cut it in half. Why they didn’t cut it in a third? Why they didn’t, you know, do some coefficient other than 50 percent?  I don’t know, but it’s purely arbitrary. So we have an $18 billion trade deficit with Indonesia. We import $28 billion worth of goods from them. 17.9 divided by 28 is 64. Divide that by two and you get 34, which is surprise, surprise, exactly the rate that Trump set for Indonesia. Half of the differential between export exports and imports literally makes no sense. Like you’ve got a bunch of economists right, left and center going WTF? I cannot believe this is bad policy. But also it’s like childish, childish math.

    The White House formula is so bonkers at the same economist that pointed that it pointed to as the basis for the rationale immediately were critical: “they pulled two numbers out of thin air that perfectly cancel each other out. This type of reductionist analysis is very troubling and scares me,” said economics professor Anson Soderbery, whose paper the White House cited even their sources are saying, don’t use my name to justify this nonsense.

    Another economist said that the White House had misunderstood his research, which specifically cautioned against excessively high tariff rates like Trump’s. “Making rates higher is a bad idea for the United States. We use supercomputers to find the optimal tariffs. The Trump administration seems to have taken a bit of a shortcut here. Also, our results suggest that the EU should not be tariffs and yet they set high tariffs against them. Finally, our range of optimal tariffs are substantially lower than the ones the administration just announced.” So if you can believe it, we’re in a situation where economists are using supercomputers to find optimal tariff rates. While the president of the United States is using a formula. And I’m not exaggerating that a fifth grader could solve. Now, whether it’s the Signal chat or this formula, this administration’s incompetence is on display every day.

    It’s why we now have tariffs in places like Herd Island and McDonald Island, where there are no living human beings, only penguins. Or, as the New York Times noted, “Trump’s decision to put a 32 percent tariff on Switzerland stunned politicians and business leaders in the alpine country. Switzerland has an open trade policy and recently abolished all industrial tariffs.” It’s not reciprocal. If they’re not tariffing us. For countries like Brazil, where we have a trade surplus, they still slap 10 percent. Israel reduced their tariffs to zero, still got the 10 percent. This is not a case of a bunch of Democrats crying wolf just to warn the Republicans. The markets are speaking. They are terrified. And this isn’t about a bunch of billionaire corporations and their profitability.

    This is about the ability for people to pay for college. This is about the ability for people to retire with dignity and comfort. Trillions of dollars of wealth are being demolished. These are everyday people panicked about how much more expensive their next trip to Walmart or Costco will be, or when they’ll lose their job. People are already stockpiling supplies. Shortly after Trump’s announcement, JPMorgan described the impact of the tariffs over the next few months like this. “On a static basis, today’s announcement would raise just under 400 billion in revenue, or about 1.3 percent of GDP, which would be the largest tax increase since 1968. The resulting hit to purchasing power could take real disposable personal income growth in the second and third quarters into negative territory, and with it, the risk that real consumer spending could also contract in these quarters. This impact alone could take the economy perilously close to slipping into a recession.”

    Now countries are already responding. So it’s not like this is a static situation which can’t get worse because the retaliations are going on. And this idea that all this is just a leverage play, look, there’s 200 countries that we have some sort of trading arrangement with and Donald Trump is very unpopular so asking a leader of a country or a parliament of a country to waive their tariffs at the end, at the end of a economic gun because Trump is bullying them. It’s like not good domestic politics for them. The best domestic politics for them is to stand up to Donald Trump’s bullying. And that’s bad for all of us. We’re not going to wave our way through 194 trading partners.

    China just imposed a 34 percent reciprocal tariff for our 54 percent tariff on Chinese goods. And in a truly bizarre turn of events, we forced our allies and adversaries to try to find ways to work together. Earlier this week, for the first time in years, China, Japan and South Korea discuss possible of working together on free trade as a response to Donald John Trump.

    This is the most shocking image. This red line continuing to go down precipitously, but among the other most shocking images, there’s a picture of high leaders from Korea… first of all, Korea and Japan are in a better place now. But they are, you know, there have been some diplomatic challenges over the decades and the generations, but they’re in a reasonably good place.

    So just to see them shaking hands is a big deal. But to see them shaking hands, literally holding hands with a high official from China to indicate they’re in this together against us. So it is true that Donald Trump is uniting the world. The problem is he’s uniting the world against us.

    Look, there is a. Real objective here that we’ve been working on for the last four, eight years. And whether it’s chips or it’s cars or it’s clean energy, we’ve actually increased the amount of domestic manufacturing in the United States of America with good industrial policy and targeted trade policy. But this is mayhem. This is mayhem. John Kennedy, the current senator from Louisiana, said it exactly right. He said tariffs are like whiskey. A little bit can be refreshing, can be useful too much – I’m paraphrasing – very bad things happen. Very bad things are happening.

    In the time I took to deliver these remarks, probably some number of tens of billions of dollars of additional wealth from working people was just wiped out. And I want to make one final point, and this is the most important point Republicans can and should stop this, with an exception of maybe 3 or 4 members, almost every Republican senator hates tariffs.

    The question is whether they will stand up to Donald Trump, who has taken this decidedly protectionist, anti-market, super harmful direction. But all we need Republicans are in charge of the Senate is for them to exert their constitutionally given authority over the assessing of tariffs. There is bipartisan momentum in that space. But we are not there because what I’m reading and what I’m hearing is they’re willing to give this a couple of months and let me give you a bunch of free advice to my Republican friends.

    If you’re going to stand up to him in two months, do it now.

    Your people are suffering. People are being laid off. People are about, by the way, most of people, most of what is happening in terms of Trump’s plummeting popularity is what they are seeing on their screens. But in the next week or so, it’s not what they’re seeing in their screens. It’s what they’re seeing when they try to buy something.

    It’s what they’re seeing amongst their friends who are being laid off. This is about to get very real, and I advise you against my own political interests, but in the country’s interests, if you’re going to stand up to him in June, my God, do it now. I yield the floor.

    MIL OSI USA News –

  • MIL-OSI USA: Durbin, Sanders Call On Trump To Release Ozturk, Khalil, & All Those Targeted For Political Activities Protected By First Amendment

    US Senate News:

    Source: United States Senator for Illinois Dick Durbin

    April 04, 2025

    Durbin, Sanders to Trump: “Ideas are not illegal, and there is no controversial speech exception to the First Amendment. No president should be allowed to exclude or remove people from our country simply because they disagree with their political speech.”

    WASHINGTON – Following the arrests of Rumeysa Ozturk, Mahmoud Khalil, and reports of numerous other students, U.S. Senate Democratic Whip Dick Durbin (D-IL), Ranking Member of the Senate Judiciary Committee, and Senator Bernie Sanders (I-VT), Ranking Member of the Senate Health, Education, Labor, and Pensions (HELP) Committee, today called on President Donald Trump to release all those targeted solely for political activities protected by the First Amendment and immediately terminate all removal proceedings against those individuals. 

    “We understand Ms. Ozturk’s case to be a part of a pattern of retaliatory action to punish lawful immigrant and foreign students for publicly expressing opinions that your Administration opposes.  This effort threatens the fundamental right to engage in free speech and expression under the First Amendment of the United States Constitution,” the Senators wrote in a letter to President Trump.

    On March 6, the State Department reportedly began a “Catch and Revoke” initiative to use artificial intelligence to review the social media accounts of lawful immigrant and foreign students and revoke their green cards or visas, giving immigration enforcement authorities a basis to detain and deport them. To justify the arrest and detention of Mr. Khalil, Secretary of State Marco Rubio invoked a rarely used authority that allows him to deport a noncitizen for “beliefs, statements, or associations” if he “personally determines” that there is a “compelling foreign policy interest” for such deportation.  

    “Congress intended for this authority to ‘be used sparingly and not merely because there is a likelihood that [a noncitizen] will make critical remarks about the United States or its policies.’ Yet, federal agents have arrested noncitizens (including lawful permanent residents) around the country in retaliation for political affiliations or activity,” the Senators wrote. “Secretary Rubio admitted that he has revoked the visas of hundreds of students for First-Amendment protected speech that is disfavored by the current Administration.”   

    Their letter continues, “Ideas are not illegal, and there is no controversial speech exception to the First Amendment. No president should be allowed to exclude or remove people from our country simply because they disagree with their political speech.”

    Their letter concludes, “No one is above the law, and even you must uphold and respect the fundamental American values of free speech and political dissent.”

    Full text of today’s letter is available here and below:

    April 4, 2025

    Dear President Trump:

    Last week, Tufts University Ph.D. candidate Rumeysa Ozturk was arrested and placed in an unmarked car by unknown agents in plainclothes—some masked—claiming to be police.  The agents did not identify themselves or give Ms. Ozturk any information for her arrest and detention.   By the time a judge could issue an order to keep her in Massachusetts, she had been transferred to an immigration detention facility in Louisiana.  We understand Ms. Ozturk’s case to be a part of a pattern of retaliatory action to punish lawful immigrant and foreign students for publicly expressing opinions that your Administration opposes.  This effort threatens the fundamental right to engage in free speech and expression under the First Amendment of the United States Constitution.

    On March 6, the State Department reportedly began a “Catch and Revoke” initiative to use artificial intelligence to review the social media accounts of lawful immigrant and foreign students and revoke their green cards or visas, giving immigration enforcement authorities a basis to detain and deport them.   On March 8, federal authorities arrested Mahmoud Khalil, a recent graduate of Columbia University and lawful permanent resident.   White House officials made clear that he broke no laws, and Mr. Khalil was not issued any official notice explaining why he was subject to removal until after his arrest.   To justify his arrest and detention, Secretary of State Marco Rubio invoked a rarely used authority that allows him to deport a noncitizen for “beliefs, statements, or associations” if he “personally determines” that there is a “compelling foreign policy interest” for such deportation.  

    Congress intended for this authority to “be used sparingly and not merely because there is a likelihood that [a noncitizen] will make critical remarks about the United States or its policies.”   Yet, federal agents have arrested noncitizens (including lawful permanent residents) around the country in retaliation for political affiliations or activity. Secretary Rubio admitted that he has revoked the visas of hundreds of students for First-Amendment protected speech that is disfavored by the current Administration.   

    The First Amendment protects both citizens and noncitizens in the United States from being targeted by the government for their political speech, even if we strongly disagree with their views.   Noncitizens like Mr. Khalil and Ms. Ozturk have the constitutional right to freedom of expression, including taking part in demonstrations and publicly expressing opinions critical of government policy. 

    Ideas are not illegal, and there is no controversial speech exception to the First Amendment.  No president should be allowed to exclude or remove people from our country simply because they disagree with their political speech.  In the words of Justice Robert H. Jackson, “If there is any fixed star in our constitutional constellation, it is that no official, high or petty, can prescribe what shall be orthodox in politics, nationalism, religion, or other matters of opinion […].”  

    We call on you to abandon this effort, release all those targeted solely for political activities protected by the First Amendment, and immediately terminate all removal proceedings against those individuals.  No one is above the law, and even you must uphold and respect the fundamental American values of free speech and political dissent.

    -30-

    MIL OSI USA News –

  • MIL-OSI United Kingdom: New guide to research and innovation challenges for climate adaptation released

    Source: United Kingdom – Executive Government & Departments

    News story

    New guide to research and innovation challenges for climate adaptation released

    A new report identifying the research and innovation needed to support the UK to adapt effectively to climate change has been released.

    Image of a bumblebee collecting pollen from a bluebell.

    A new report identifying the research and innovation needed to support the UK to adapt effectively to climate change has been released today.  

    Developed by the Government Office for Science and the Department for Environment, Food and Rural Affairs, the Climate Adaptation Research and Innovation Framework (CARIF) outlines the research and innovation needed around climate adaptation. 

    CARIF is designed to make it easier for government, industry, and research communities to work together to tackle the challenges we face around adapting to climate change. The new framework is the first time the UK research needs across government and across sectors have been brought together in one place.   

    Environment Minister Emma Hardy said:

    We are already seeing the impact of climate change and extreme weather on people’s lives, from transport disruption to flooding in people’s homes.  

    This is why, alongside our research into climate adaptation, we are exploring how we can set out stronger objectives to drive action to increase our preparedness for the impacts of climate change up to and beyond the next National Adaptation Programme in 2028.

    Government Chief Scientific Adviser Professor Dame Angela McLean said:

    We need new research to make the UK more resilient to climate change, and innovation to improve how effectively and affordably we ready systems for change. The UK has world-leading science capabilities which we can harness to ensure we are ready for future climate impacts.  

    We have spoken with academia, industry, UK government and the financial sector to produce this first Climate Adaptation Research and Innovation Framework. It aims to drive use of our science capabilities to address the climate adaptation challenge.

    CARIF covers 11 sectors including nature, working land and seas, food security, water supply, energy, telecommunications and ICT, transport, town and cities and community preparedness/response, buildings, health, and business and finance.  

    Read the Climate Adaptation Research and Innovation Framework here.

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government and industry to train up ‘clean power army’

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government and industry to train up ‘clean power army’

    Government and industry to train up ‘clean power army’ of apprentice engineers, welders, and technicians.

    • Clean energy sector to create thousands of new apprenticeships as part of Plan for Change
    • Energy Secretary tells industry forum that a clean power army of engineers, welders and technicians will be required to deliver clean power by 2030, and that government will work with industry to build it, with Regional Skills Pilots in Aberdeen, Cheshire, Lincolnshire, and Pembrokeshire
    • Work and Pensions Secretary says the government will “give this generation the tools they need to seize the opportunity that is the clean energy transition”

    Young people will be trained to fill thousands of clean energy jobs and apprenticeships needed to deliver clean power by 2030 as part of the government’s Plan for Change to get Britain working and unlock growth.  

    The Energy Secretary has told industry, unions and trade bodies that the government will work with them to build a clean power army to hit ambitious targets for clean power by 2030 at a forum convened with the Work and Pensions Secretary today (Monday 7 April 2025).  

    The transition to clean power will create thousands of opportunities across the sector, from renewables to upgrading the UK’s grid infrastructure.  

    National Grid alone plans to support around 55,000 more jobs by the end of the decade and SSE Transmission plans are supporting a further 37,000 jobs, 17,500 of which would be in Scotland. Scottish Power’s SP Energy Networks plans to double its transmission workforce to create around 1,400 jobs and support a further 11,000 jobs across the UK – with all 3 plans subject to approvals by the regulator.    

    The government is driving forward with Regional Skills Pilot in the clean energy sector. Aberdeen, Cheshire, Lincolnshire and Pembrokeshire have all been identified as key growth regions for clean energy. Local partners will receive funding to identify the skills support that is needed in their area to deliver clean power by 2030, which will protect households and businesses from unstable fossil fuel markets for good. 

    Funding could go towards new training centres, courses or career advisers – supporting local people into opportunities in industries such as welding, electrical engineering, and construction.    

    The government is wasting no time in investing in good jobs for British industries, including thousands of new, skilled jobs being supported in the North East of England as contracts for the first carbon capture, usage and storage were signed in December, following a £21.7 billion commitment from the government to ensure the UK’s vision for CCUS becomes a reality. The government has also invested £55 million for port of Cromarty, to transform it into a major hub for the UK’s world-leading floating offshore wind industry, creating hundreds of skilled jobs and generating growth.  

    The latest CBI Economics figures show jobs supported by net zero sectors increased by 10% last year, with the average annual wage across the sector at £43,000 – £5,600 higher than the national average.  

    The push to support more clean energy jobs comes as the government delivers the most ambitious reforms of the UK’s energy system in a generation and record investment into homegrown clean energy projects. 

    Energy Secretary Ed Miliband said:  

    The energy sector has always been a source of good, skilled, and unionised jobs for young people across the UK, providing secure, well-paid employment for life.   

    To meet our target to reach clean power by 2030, we need a clean power army of engineers, welders and technicians – giving thousands of young people the opportunity to play a vital role in tackling the climate crisis, increasing our energy security and boosting the economy to deliver our Plan for Change.

    Work and Pensions Secretary Liz Kendall said:    

    With almost a million young people neither earning nor learning it is vital that we give this generation the tools they need to seize the opportunity that is the clean energy transition.  

    Our plan to Get Britian Working will overhaul employment support, giving everyone the tools and skills they need to and build a stronger, more prosperous future for them and their families.

    The government launched its Get Britain Working white paper late last year, outlining the biggest employment reforms in a generation and boost employment including reforming Jobcentres to create a genuinely public employment service so everyone can get personalised skills and employment support, as well as a Youth Guarantee ensuring every young person has the chance to earn or learn. Alongside government work to drive up employment and opportunities, the renewable sector will also continue to turbocharge the economy.  

    The government is working closely with employers to train up Britain’s young people to seize clean energy opportunities. Trade unions will also have an essential role in building the UK’s skilled energy workforce, with the government determined to drive world-class pay, terms, and conditions in the clean energy sector. The government is already driving better access and conditions for unions in the energy sector- since July EDF Renewables UK and Ireland have signed one of the first renewables industry recognition agreements with Prospect, Unite, GMB and UNISON.   

    The government has also launched Skills England and the Office for Clean Energy Jobs to bring together key partners to meet the skills needs of the next decade across all regions.    

    Opportunities are already being created through a number of schemes and initiatives to deliver training and skills for apprentices and workers transitioning from the fossil fuel sector, including innovative schemes such as the:  

    • Skills Passport: This supports oil and gas workers to identify routes into several roles in offshore wind including construction and maintenance
    • Your Apprenticeship app: A new app designed by the government with extensive input from apprentices to provide easier access to essential tools, resources, and support to help apprentices to thrive in their qualification

    Whilst driving up employment and opportunities, the renewable sector will also continue to turbocharge the economy.  

    CBI Economics analysis commissioned by the Energy and Climate Intelligence Unit shows that the net zero sector already contributes £83 billion annually to the UK economy, with further investment into projects predicted to grow this even further.  

    Government research has also revealed the extent in which apprenticeships can help drive this growth, with apprentices in England across the economy estimated to create £25 billion of economic growth over their lifetime.  

    Through investment and initiatives, the government will help build the pipeline of skilled workers needed to deliver clean power by 2030, which will unlock £40 billion of investment a year and reindustrialise Britain with thousands of good jobs across the country. This underscores the government’s commitment to deliver a jobs-rich clean energy transition, putting communities and trade unions at the heart of the UK’s clean energy future.    

    Notes to editors

    Skills is a devolved policy area, and therefore the remit of Skills England and the Your Apprenticeship App will only cover England. However, Skills England will assess skills needs across the whole of the UK and DESNZ is working closely with the devolved governments on ensuring we have the skilled workforce for the clean energy transition, including through the Regional Skills Pilots.   

    The RIIO T3 business plans for the UK’s 3 electricity transmission companies are all subject to approval by the energy regulator Ofgem.

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: UConn, URI, and General Dynamics Electric Boat Launch Workforce Development Program

    Source: US State of Connecticut

    The University of Connecticut and University of Rhode Island (URI) were jointly awarded a 5-year contract from General Dynamics Electric Boat (GDEB) to provide regional workforce development support to the Maritime Industrial Base.

    The ANCHOR (Advancing Naval Careers through Higher-ed Outreach and Research) grant was celebrated in a launch event at UConn Avery Point on April 3. Representatives from UConn, URI, GDEB, and local and state governments were present to support the extensive program.

    The contract will support ongoing activities and drastically expand the work of the UConn-URI Navy STEM Coalition, which, since 2017, has developed a K-16 pipeline across southern New England to encourage both the skilled trades and engineering careers needed to build submarines.

    The UConn-URI Navy STEM Coalition was established in 2017 through the leadership of Michael Accorsi at UConn and David Taggart at URI via funding from the Office of Naval Research. In 2021, the program was expanded under the current leadership of Alexandra Hain at UConn and Valerie Maier-Speredelozzi at URI, through a grant from the DoDSTEM National Defense Education Program. Hain and Maier-Speredelozzi will continue as the institutional leads of the contract.

    U.S. Rep. Joe Courtney, whose Congressional district includes southeastern Connecticut, also attended Thursday.

    UConn Engineering Dean JC Zhao addresses the audience. (Matthew Hodgkins/UConn Photo).

    “There’s no question that shipyard workloads’ are going to continue well into the 2040s,” Courtney said. “That means the people that are going to be working the yards are in grade schools today… That’s really what is the genius about this whole initiative. It’s to get undergraduate engineering students into young classrooms, because that’s really where the magic is.”

    U.S. Sen. Jack Reed (D-RI) was unable to attend the event, but sent his regards for the UConn-URI Navy STEM Coalition via a letter recited that evening.

    UConn and URI Engineering leadership were pleased by the partnership and the renewed contract.

    “By working alongside URI and General Dynamics Electric Boat, we are not only advancing naval engineering and skilled trades but also inspiring a pipeline of talent to meet the demands of this vital sector,” said UConn Engineering Dean JC Zhao. “The coalition’s efforts will have a substantial impact on southern New England and beyond, ensuring that our students and workforce are equipped to lead in submarine production and innovation for decades to come.”

    “The Eastern Connecticut and Rhode Island region – which includes two public flagship research universities, GDEB’s campuses in Groton and Quonset Point, and U.S. Navy operations in New London and Newport – is the undisputed global epicenter of submarine research, development and manufacturing,” said URI Engineering Dean Anthony Marchese. “For decades, UConn and URI have responded to the research and workforce development needs of our regional Maritime Industrial Base partners and we are proud to continue to fulfill that mission through the ANCHOR program.”

    In the last three years, the coalition has steadily increased its presence across southern New England, engaging over 13,000 students in the fundamentals of naval science and engineering. The Navy STEM Coalition’s staff and engineering university student members have taught Connecticut and Rhode Island students the fundamentals of buoyancy, additive manufacturing, and the core trades essential to submarine production through over 75 regional classroom visits and more than 20 large-scale outreach events nationwide. The coalition has also engaged and trained dozens of teachers through programs ranging from day-long workshops to year-long residencies.

    (Matthew Hodgkins/UConn Photo).

    Maier-Speredelozzi said, “Inspiring undergraduates and K-12 students to pursue STEM careers is always rewarding, and we are excited to expand our outreach with K-12 teachers. When we work with teachers, we magnify the impact to include not only the students in their classes today, but also for years to come.”

    Looking forward, the ANCHOR contract will enable the coalition to significantly increase activities in the region, including the development of multiple new summer programs at both campuses for K-12 students, undergraduate summer researchers, and pre-service teachers.

    Thursday’s event also included the recognition of several URI and UConn students. The UConn winners included: Adeline Smith for the Naval Engineering Achievement Award, Jada Veracosa for the Navy STEM Excellence in Engineering Education Award, and Oliver MacKinnon for the Naval STEM Rising Star Award.

    The URI winners included: Olivia Daniello for the Navy STEM Excellence in Education Award, Sam Miller for the Naval Engineering Achievement Award, Hope Kelley for the Naval STEM Rising Star Award, and Megan Gimple for the Naval STEM Graduate Student Award.

    Regarding the growth of K-12 summer programming, Hain said, “Through targeted summer programs in engineering and skilled trades, we are committed to preparing students for careers in the submarine industrial base. By offering partial and full scholarships, along with free options, we’re dedicated to inspiring and equipping the next generation of talent, breaking down barriers to ensure that a skilled workforce is ready to meet the unique demands of submarine production and innovation.”

    The coalition will also offer significant funding for those already working within the industrial base to come back to either UConn or URI for graduate school in a partnership with the National Institute for Undersea Vehicle Technology, the premier fundamental research facility for submarine development in the region.

    In expanding to support GDEB and the wider industrial base, the coalition will establish a comprehensive pipeline for submarine production from elementary education to graduate school, ensuring students in southern New England are supported in their path to building the future of the underwater fleet.

    Leadership from UConn, URI, and GDEB with student award winners. (Matthew Hodgkins/UConn Photo).

    “The UConn-URI Navy STEM Coalition recognizes the critical support from the ANCHOR contract, managed by General Dynamics Electric Boat and funded by the U.S. Navy through the Maritime Industrial Base Program, which enables continued investment in workforce development and STEM education,” said Erica Logan, the U.S. Navy’s Maritime Industrial Base Deputy Director of Workforce.

    With the United States Navy indicating that the Maritime Industrial Base will need over 150,000 new employees in the next decade to meet procurement demands, the submarine sector will be vibrant for decades to come. Once called “the Silicon Valley of undersea warfare” by former Secretary of Defense Chuck Hagel, southern New England is set to see much of that growth, and thus is in vital need of the pipeline development GDEB and the coalition will be achieving through this partnership.

    “The ANCHOR program demonstrates the power of public institutions investing in their local communities and their student body by leveraging the private sector of the Maritime Industrial Base,” said Sean Morrone, Electric Boat’s Manager of Supplier and Workforce Development. “Partnerships like this create a sustainable impact on the economic growth and community well-being of our region.”

    Meeting the needs of the Maritime Industrial Base at this time requires innovative collaborations between industry, government, and academia, and the coalition is eager to continue inspiring the next generation to “build giants.”

    MIL OSI USA News –

  • MIL-OSI USA: Crapo: Republicans are United in Delivering Trump’s Pro-Growth Agenda

    US Senate News:

    Source: United States Senator for Idaho Mike Crapo
    Washington, D.C.–Today on the Senate floor, U.S. Senate Finance Committee Chairman Mike Crapo (R-Idaho) discussed the Senate’s Fiscal Year (FY) 2025 Budget Resolution that lays the groundwork to make permanent and build on the 2017 Trump Tax Cuts, ensuring American families can keep more of their hard-earned money and stop financing Washington’s spending problem.
    As Chairman of the Finance Committee, Crapo explained that the resolution’s instructions would unlock the ability for Congress to prevent a more-than $4 trillion tax hike on American families and businesses, provide certainty and predictability by making the Trump Tax Cuts permanent, and deliver additional middle-class tax relief. 
    Crapo also emphasized Republicans’ commitment to restoring fiscal sanity by achieving deficit reduction, noting that spending reforms are the best way to achieve that goal, not imposing the largest tax hike in our country’s history. 

    Full remarks as delivered:
    “The problem that we have in America is not that our taxes are too low, but that our spending is too high.
    “Republicans are unified in delivering—as President Trump calls it—one big, beautiful bill for the American people. 
    “But what does this bill include?
    “The FY 2025 Budget Resolution fulfills promises to secure America’s borders, increase our national defense, unleash our energy potential and finally start to get our fiscal house in order. 
    “I agree completely with my colleague – we have got to reduce our spending and this bill contains a target with a minimum floor of $2 trillion in spending reduction in our federal budget. 
    “Importantly, it also lays the groundwork to make permanent and build on the 2017 Trump Tax Cuts so that American families can keep more of their hard-earned money and stop financing Washington’s spending problem.
    “Our conference is united in preventing an over-$4 trillion tax hike on American families and businesses and delivering additional tax relief to those who have suffered under four years of inflation.
    “We are united in making this proven tax policy permanent to provide the certainty that businesses need to make the long-term investments that drive growth, and the stability that families need as they save and plan for the future.
    “We are also unified in our resolve to restore fiscal sanity and know that the best way to do so isn’t to tax hardworking Americans more—it’s to spend less.
    “While many tend to focus on the policy disagreements that occur—as they should—in these halls, the reality is Republicans are completely unified in delivering on President Trump’s agenda, a major portion of which is to restore the economic prosperity experienced under his previous presidency.
    “Let’s just look back for a minute at the bill we’re trying to extend and make permanent now.
    “Most Americans don’t pay attention to the minutia of tax policy.  But if you ask them, the majority will tell you they’d rather keep more of their money than let the government spend it, and that’s exactly what the 2017 tax cuts did.
    “Those Trump Tax Cuts lowered tax rates for the overwhelming majority of Americans, simplified the tax code, and encouraged companies to do business in the United States instead of abroad.
    “In addition to lowering rates across the board, it provided targeted tax relief to middle-class working families by doubling the standard deduction and the child tax credit, and to small businesses by providing a new 20 percent deduction, enabling America’s entrepreneurs to create new jobs, increase workers’ wages and reinvest in their business.
    “The majority of benefits from the Trump Tax Cuts, contrary from what you’ve heard today from the other side, flowed to working middle-class families—the bottom 50 percent of earners received the largest reduction in average tax rates at 17.3 percent. 
    “Contrary to claims that the benefits were only for ‘billionaires and corporations,’ the Trump Tax Cuts actually made the tax code even more progressive.  Meaning that the highest income earners now pay a greater share of all income taxes than they did before, and if we can extend this tax cut, that will continue to be the case.
    “The generational reforms we made in 2017 were designed to strengthen investment, boost economic growth, increase take-home pay and reduce poverty, and it worked.
    “Not only did taxpayers keep more of their hard-earned money, but a growing economy powered median household income to an all-time high.
    “The labor market improved, workers saw record wage growth and the unemployment rate fell dramatically to 3.5 percent—the lowest in 50 years. 
    “And the lowest-income workers experienced the largest wage growth.
    “There was a capital formation explosion in the United States, and corporate inversions—corporations leaving America—became a thing of the past as companies came back home and America became the place to do business again.
    “All Americans reaped the benefits of a booming economy. 
    “Extending this current, proven tax policy—and building on it—is the best way to restore economic prosperity and opportunity for working families, many of whom are still struggling to recover from the historic inflation of the last four years.
    “Tonight, I expect we’ll hear once again the ‘politics of fear’ at work as my Democrat colleagues claim all sorts of dire things will happen so that Republicans can cut taxes for the wealthy. 
    “This attack has been used for nearly a decade, and it’s just as false now as it has been in the past.
    “Americans should not be scared by these falsehoods. 
    “What they should be alarmed by is what my colleagues and I are committed to preventing: the largest tax hike in history that will occur if we do not extend the current Trump’s Tax Cuts.
    “Middle-class Americans and small businesses will pay the highest price. 
    “If the tax cuts expire:
    There will be a $4+ trillion tax hike on all Americans.
    More than $2.6 trillion of that tax increase will hit people who earn less than $400,000 per year.
    The average American household will see a more-than $1,700 increase in their tax bill.
    An over $600 billion tax increase on more than 20 million small business owners, who could face rates as high as 43.4 percent. 
    Families would have their child tax credit slashed in half from $2,000 to $1,000.
    The standard deduction, claimed by over 90 percent of taxpayers, would be cut in half.
    The economic cost has been estimated to be 6 million jobs; $540 billion in employee compensation, and $1.1 trillion of GDP.
    “Republicans are united in our efforts to prevent these damaging consequences.
    “Not only are we focused on extending these proven tax policies, but we are committed to making this growth in our economy permanent so that we don’t have to face these dire consequences in the future. 
    “Permanent tax policies promote stability and lead to more pronounced economic effects than temporary ones. 
    “Making the Trump Tax Cuts permanent will provide businesses the certainty and stability they need to make the long-term investments that drive growth, accelerate productivity and increase prosperity across all segments of the economy.
    “Studies find that a permanent extension of TCJA would increase long-run GDP by 1.1 percent and increase after-tax income for Americans of all income levels. 
    “Making the small-business deduction alone permanent is estimated to create 1.2 million jobs annually over the first ten years, increasing to 2.4 million in the long run.
    “The President’s Council of Economic Advisers just released an analysis that says extending the Trump Tax Cuts, combined with other pro-growth economic policies that we are pursuing, would:
    Boost the level of short-run real GDP by 3.3 to 3.8 percent and long-run real GDP by 2.6 to 3.2 percent;
    Raise annual real wages by $2,100 to $3,300 per worker;
    Increase real annual take-home pay for a median-income household with two children by roughly $4,000 to $5,000;
    Save over 4 million full-time equivalent jobs from being destroyed; and
    Facilitate $100 billion of investment in distressed communities.
    “That analysis also projects that extending these tax cuts, ’together with the full suite of Trump Administration policies—such as deregulation, which the CEA previously estimated would add 0.1 to 0.2 percentage points to real GDP growth rates over a decade—is expected to result in 3.0 percent annual real GDP growth rates over the next 10 years.’ 
    “Now what does that mean?
    “According to CEA, that 3.0 percent annual real GDP growth will result in $4.1 trillion in additional revenue to the Treasury to help us deal with our national debt.
    “$4.1 trillion dollars.
    “To unleash that growth, the best way to make these tax cuts permanent is by using a current policy baseline: this is the scoring method that more accurately reflects reality. 
    “The average American easily understands there is a difference between a tax increase and a spending cut. 
    “However, there’s an inherent bias in Congress’s scoring process where tax policy is treated differently than spending policy. 
    “If tax rates are scheduled to increase, like they are right now if we don’t act, preventing that tax hike is counted as a ‘cost’ in uncollected future revenue. 
    “But many spending programs are assumed to be extended beyond their expiration, so the spending just continues and continues, unabated, which the budget rules say do not have any cost.  That’s what we’re trying to fix today in this bill.
    “In fact, there is $2.5 trillion in spending that is automatically extended by our budget rules over the next ten years under a current policy baseline.
    “Even the Obama White House has used a current policy baseline for tax policy. They recognized there’s a difference between increasing taxes and cutting spending.
    “In 2013, they argued that a ‘current policy baseline to be the appropriate reference point, since it measures changes relative to the status quo, rather than the mix of expiring provisions and policy changes that would likely never be implemented.’
    “Interpreted, what they said is exactly what I’ve been saying.  You can’t say that just keeping the tax rates where they are and not raising them is the same as spending more money.
    “We need to level the playing field and sever the connection that creates a tax-and-spend budgeting process in Congress.
    “And that’s another thing that we’re going to do today.
    “Critics—who have been strangely silent over the years as trillions of dollars in spending has been automatically extended under a current policy baseline—now take offense to correcting the bias toward forcing federal spending. 
    “As applied only to tax policy, those critics assert that we’ll be increasing the deficit by using a current policy baseline, or we’re using this baseline to ‘hide the cost.’
    “Let me be very clear: we are not hiding the score that JCT or CBO would assign the bill under a current law baseline.  In fact, I like to see that score – it shows the amount of the tax increase that my colleagues on the other side are trying to push onto the American people.
    “But let’s be fully transparent—both an estimate based on current policy and one based on current law will be released when we consider this bill on the Senate floor, and then Americans can see what kind of savings have been given to them by not raising their taxes.
    “Under our existing tax regime, the tax revenue to GDP ratio this year will be 17.1 percent, meaning we will raise taxes for the federal Treasury—under our current tax policy—at about 17.1 percent of GDP.  It will also be about the same next year if we don’t let the taxes go up, meaning that the revenue will not appreciably change.
    “Yet my colleagues on the other side say it’s going to spike a hole in the deficit—why? Because they won’t get their hands on that $4 trillion of new tax revenue out of the American people.
    “This would not increase the debt relative to GDP; it would simply prevent a tax increase. 
    “And we need to be honest about what those tax increases would and would not do. 
    “Those who say we should let taxes go back up say, ‘Wow, then we could use it to pay down the national debt some more.’
    “Every tax increase that Congress has adopted for as long as I can remember was not used to pay down the national debt; it was used by Congress to spend more money.
    “Congress does not have a revenue problem—it has a spending problem.
    “Senate Republicans are united in our desire to take concrete steps to address our deficit and get our fiscal house in order.
    “Because the bill we’re debating today is within the confines of reconciliation, the scores and numbers that we’ll be discussing don’t reflect the full fiscal picture.
    “In order to have an honest discussion, there needs to be an acknowledgment that there are other factors at play that can generate economic growth and reductions in spending.
    “What am I talking about?  Economic growth.  As I indicated in one of the charts that we had up, the estimates from the CEA are that if we make the tax policy permanent, the confidence that will give our economy and the boost it will give our economy through proper tax incentive policy will grow the economy by as much as $4 trillion to the federal treasury.
    “The President is also directly impacting government spending through his efforts with the Department of Government Efficiency, aggressively cutting waste, fraud and abuse from our government programs.
    “Spending on federal government programs has ballooned in recent years.  We have a responsibility to evaluate these spending increases to ensure these programs work efficiently and effectively for everyone.  
    “The President has also undertaken, and will likely pursue more, deregulation efforts, which have as big of an impact on revenues and economic growth as tax policy does, and we should recognize that.
    “The bottom line is, in addition to the actions that Congress can take, there are activities that the President is currently engaged in that will impact our fiscal policy by either reducing spending or increasing revenue, and we should take those into consideration.
    “Congress must begin the process of restoring fiscal sanity by achieving deficit reduction, and spending reforms are the best way to achieve that goal. 
    “In contrast, imposing the largest tax hike in our country’s history would be counterproductive by easing the glide path for even more spending.
    “We will be having a very robust debate in the weeks ahead about the best way to deliver on President Trump’s agenda, and I look forward to those discussions.
    “This budget resolution unlocks the process to allow us to strengthen our national security, secure our borders, permanently extend the Trump Tax Cuts and provide additional middle-class tax relief.”

    MIL OSI USA News –

  • MIL-OSI: Notice of Annual General Meeting in Karolinska Development AB (publ)

    Source: GlobeNewswire (MIL-OSI)

    The shareholders of Karolinska Development AB (publ), reg. no. 556707-5048, (“Karolinska Development” or the “Company”) are invited to the Annual General Meeting, on Thursday May 15, 2025, at 3:00 p.m. (CEST), at Nanna Svartz väg 2, 171 65 Solna, Sweden.

    The Board of Directors has resolved that shareholders shall have the right to exercise their voting rights in advance through postal voting pursuant to item 13 in the articles of association. Therefore, shareholders may choose to exercise their voting rights at the AGM by attending in person, by postal voting or through a proxy.

    Participation in person

    A shareholder who would like to participate at the AGM in person must:

    both be entered in the register of the shareholders maintained by Euroclear Sweden AB by Wednesday May 7, 2025,

    and give notice of his or her intention to participate to the Company no later than Friday May 9, 2025, at the address Karolinska Development, “AGM”, Nanna Svartz väg 6A, 171 65, Solna, Sweden, or through email eva.montgomerie@karolinskadevelopment.com. When giving notice to participate, please provide name, personal identity number or company registration number, telephone number and number of represented shares.

    Participation by postal voting

    Shareholders who wish to participate in the AGM by postal voting must:

    both be registered in the register of shareholders maintained by Euroclear Sweden AB as per Wednesday May 7, 2025,

    and notify their intention to participate by submitting their postal vote in accordance with the instructions below, so that the postal vote is received by Karolinska Development no later than Friday May 9, 2025.

    Shareholders may exercise their voting rights at the AGM by voting in advance through postal voting pursuant to item 13 in the articles of association, referring to Chapter 7, Section 4 a of the Swedish Companies Act.

    For advance voting, a special form must be used. Forms in Swedish and English are available for download on the Company’s website, www.karolinskadevelopment.com.The advance voting form is valid as notification of participation at the AGM.

    The completed advance voting form must be received by the Company no later than Friday May 9, 2025. The completed form shall be sent to Karolinska Development by e-mail to eva.montgomerie@karolinskadevelopment.com or by regular mail to Karolinska Development, “AGM”, Nanna Svartz väg 6A, 171 65, Solna, Sweden. The shareholder may not provide special instructions or conditions in the advance voting form. If so, the vote (i.e. the advance vote in its entirety) is invalid. Further instructions and conditions are provided in the form for advance voting.

    Those who wish to withdraw a submitted postal vote and instead exercise their voting rights by participating in the AGM in person or through a proxy must give notice thereof to the AGM’s secretariat prior to the opening of the AGM.

    Participation by proxy

    If the shareholders are represented by proxy, a written proxy must be issued and submitted to the Company at the above address well in advance of the AGM. The proxy is valid during the period set forth in the proxy, however, at most five years from the issuance. If a proxy is issued by a legal entity, a copy of the legal entity’s registration certificate or similar document evidencing signatory powers must be enclosed. Proxy forms in Swedish and English are available for download on the Company’s website, www.karolinskadevelopment.com.

    Nominee registered shares

    For shareholders who have their shares nominee-registered through a bank or other nominee, the following applies in order to be entitled to participate in the meeting. In addition to giving notice of participation, such shareholder must re-register its shares in its own name so that the shareholder is registered in the share register kept by Euroclear Sweden AB as of the record date Wednesday May 7, 2025. Such re-registration may be temporary (so-called voting rights registration). Shareholders who wish to register their shares in their own names must, in accordance with the respective nominee’s routines, request that the nominee make such registration. Voting rights registration that have been requested by the shareholder at such time that the registration has been completed by the nominee no later than Friday May 9, 2025, will be taken into account in the preparation of the share register.

    Proposal for agenda

    1.    Election of chairman of the meeting
    2.    Preparation and approval of the voting list
    3.    Approval of the agenda
    4.    Election of one or two persons to verify the minutes
    5.    Determination of whether the meeting was duly convened
    6.    Presentation of the annual report and the auditor’s report and the group annual report and the auditor’s group report
    7.    Resolutions regarding
    a)   adoption of the profit and loss statement and the balance sheet, and consolidated profit and loss statement and consolidated balance sheet
    b)   appropriation of the Company’s result according to the adopted balance sheet
    c)   discharge from liability for the directors and the CEO
    8.    Resolution regarding the number of directors and auditors and deputy auditors to be appointed
    9.    Resolution in respect of the fees for the Board of Directors and for the auditors
    10.    Election of chairman of the Board of Directors, directors and auditors and deputy auditors
    11.    Principles for appointing members and instruction for the Nomination Committee
    12.    Resolution on approval of the Board of Directors’ Remuneration Report 2024
    13.    The Board of Directors’ proposal regarding authorization for the Board of Directors to resolve on transfer of own shares
    14.    The Board of Directors’ proposal regarding authorization for the Board of Directors to resolve on new issues of shares
    15.    Closing of the meeting

    Items 1 and 8–11: The Nomination Committee’s proposal regarding chairman at the meeting; number of directors, auditors and deputy auditors to be appointed; fees for the Board of Directors and auditors; election of chairman of the Board of Directors, directors, auditors and deputy auditors and principles for appointing members and instruction for the Nomination Committee

    The Nomination Committee has consisted of Yan Cheng (chairman), appointed by Worldwide International Investments Ltd; Jack Li, appointed by invoX Pharma Ltd; Jan Dworsky, appointed by Swedbank Robur Microcap fond; Hans Wigzell, appointed by Insamlingsstiftelsen för främjande och utveckling av medicinsk forskning vid KI; Peter Markborn, appointed by Styviken Invest AS.

    The Nomination Committee proposes that the Annual General Meeting resolves as follows:

    Lawyer Annika Andersson (Cirio Law Firm) is appointed to chair the Annual General Meeting.

    The number of directors will be five and no deputies will be appointed.

    The number of auditors will be one and no deputy auditor will be appointed.

    The chairman will be paid a fixed amount of SEK 400,000 to be paid out in proportion to board meetings attended. All other directors will be paid a fixed amount of SEK 200,000 to be paid out in proportion to board meetings attended. The fees to the directors remain unchanged compared to previous year.

    The auditors will be paid as per invoice.  

    Re-election of the directors Ben Toogood, Anna Lefevre Skjöldebrand, Philip Duong and Will Zeng, and election of Anders Härfstrand as director for the time until the end of the 2026 Annual General Meeting.

    Re-election of Ben Toogood as new Chairman of the Board of Directors.

    Anders Härfstrand was born 1956. He holds a M.D and Ph.D from the Karolinska Institute. His other appointments include work as founder of Härfstrand Consulting AG, Switzerland, co- founder of P4BIOS, USA and consultant to CIS Biopharma, Switzerland. Anders Härfstrand has many years of experience from the pharmaceutical industry with a global track record of success in building commercial operations, marketing and sales management, and product development. His previous assignments include member of the executive management of Pharmacia, Pfizer-Japan and Serono, CEO for various European biotech companies as well as chairman of the board and board member of public and private companies in the USA and Europe. He has also been a former board member of Karolinska Development. Anders Härfstrand holds no shares in Karolinska Development. He is independent in relation to the Company, its executive management and the Company’s major shareholders.

    The composition of the Board of Directors meets the independence requirement of the Swedish Corporate Governance Code.

    The Nomination Committee proposes that voting shall take place individually.

    Re-election of Ernst & Young Aktiebolag as auditor in accordance with the audit committee’s recommendation, currently with Oskar Wall as auditor in charge, for the time until the end of the 2026 Annual General Meeting. The audit committee has prior to the 2025 Annual General Meeting carried out a procurement process as procurement of audit in accordance with applicable legislation shall take place after the same accounting firm has been auditor for a ten-year period.  

    The Nomination Committee shall have five members. Every year, the five largest owners (voting power, as set forth in the share register kept by Euroclear Sweden AB as of the last banking day in August) shall appoint one member each. The chairman of the Board of Directors shall convene the first meeting. If a shareholder does not exercise its right to appoint a member, the shareholder next in order of voting power, who has not already appointed a member or has a right to appoint a member, shall have the right to appoint a member to the Nominating Committee. The members of the Nomination Committee shall be made public as soon as the members have been appointed, and in no case later than six months prior to the Annual General Meeting. The members shall among themselves appoint the chairman of the committee. If a member resigns or is prevented from pursuing his/her assignment, the shareholder that has appointed such member shall appoint a new member. In the event that the shareholding in the Company is materially changed, before the Nomination Committee has completed its assignment, the Nomination Committee may decide to change the composition of the Nomination Committee, as determined by the Nomination Committee (considering the principles applicable for the appointment of the Nomination Committee). Any change in the composition of the Nomination Committee shall be announced as soon as possible. No fees shall be paid to the members of the Nomination Committee. Out of pocket expenses shall be reimbursed by the Company. The mandate of the committee shall be until the members of the succeeding committee have been announced.

    The Nomination Committee is to make proposals to the Annual General Meeting regarding the election of Chair of the Annual General Meeting, number of board members, Chair of the Board and other board members and remuneration to the board members. The Nomination Committee is also to make proposals regarding the Company’s auditor, remuneration to the Company’s auditor and election of members of the Nomination Committee or principles for the selection of a Nomination Committee. The Nomination Committee shall conduct an annual evaluation of this instruction and when necessary propose to amend it to the Annual General Meeting. The Nomination Committee shall otherwise carry out the tasks that, according to the Swedish Corporate Governance Code, are the responsibility of the Nomination Committee.

    Item 7 b: Appropriation of the Company’s result according to the adopted balance sheet

    The Board of Directors and the CEO propose that the amount at disposal of the Annual General Meeting, in total SEK 1,235,972,877, shall be carried forward.

    Item 12: Resolution on approval of the Board of Directors’ Remuneration Report 2024

    The Board of Directors proposes that the AGM approve the Board of Directors’ remuneration report for 2024 in accordance with Chapter 8, Section 53 a of the Swedish Companies Act.

    Item 13: The Board of Directors’ proposal regarding authorization for the Board of Directors to resolve on transfer of own shares

    The Board of Directors proposes that the Annual General Meeting resolves to authorize the Board of Directors, for the period until the next Annual General Meeting, on one or more occasions, with or without deviation from the shareholders’ preferential rights, to resolve on transfer of all shares of series B held by the Company at any given time. The Company holds 244,285 shares of series B at the time of the publication of this notice. Transfer may take place on Nasdaq Stockholm or otherwise. Transfer on Nasdaq Stockholm shall be made at a price per share within the registered price interval at any given time, being the interval between the highest bid and lowest ask price. Otherwise, transfer shall be made on market terms. Payment for shares shall be made in cash, in kind or by set-off.

    The purpose of the authorization for transferring own shares and the reasons for potential deviation from the shareholders’ preferential rights, is to give the Board of Directors the possibility to adjust the Company’s capital structure, to use repurchased shares as payment for, or financing of, acquisitions or investments in order to create increased value for the shareholders.

    A resolution in accordance with the Board of Directors’ proposal requires support from shareholders with not less than 2/3 of votes cast as well as shares represented at the meeting.

    Item 14: The Board of Directors’ proposal regarding authorization for the Board of Directors to resolve on new issues of shares

    The Board of Directors proposes that the Annual General Meeting resolves to authorize the Board of Directors, for the period until the next Annual General Meeting to resolve, on one or more occasions, with or without deviation from the shareholders’ preferential rights, and for payment in cash, by set-off or in kind, to issue new shares of series B up to a number that, at the time of the first resolution under this authorization, corresponds to twenty (20) per cent of the total share capital; provided however that any such issue must not result in the Company’s share capital exceeding the Company’s maximum allowed share capital as set out in the articles of association.

    A resolution in accordance with the Board of Directors’ proposal requires support from shareholders with not less than 2/3 of votes cast as well as shares represented at the meeting.

    Miscellaneous

    The annual report, auditor’s report, remuneration report and other documents that are to be made available in accordance with the Swedish Companies Act, are available at the Company on Nanna Svartz väg 2, 171 65, Solna, Sweden and at the Company’s website, www.karolinskadevelopment.com, no later than three weeks before the AGM, and will be sent to shareholders who so request and provide their postal address.

    The Board of Directors and the CEO shall, if requested by any shareholder and if the Board of Directors is of the opinion that it can be done without causing material harm to the Company, provide disclosures about conditions that may impact assessment of an item of business on the agenda, about conditions that may impact assessment of the Company’s or a subsidiary’s financial situation, and about the Company’s relationship with another group company.

    As per the date of this notice, there are 270,077,594 shares, representing a total of 293,074,943 votes outstanding in the Company, distributed among 2,555,261 shares of series A (with 25,552,610 votes) and 267,522,333 shares of series B (with 267,522,333 votes). As per the date of this notice, the Company holds 244,285 treasury shares of series B.

    Processing of personal data

    For information on how your personal data is processed in connection to the Annual General Meeting see the privacy policy available on Euroclear Sweden AB’s website: https://www.euroclear.com/dam/ESw/Legal/Privacy-notice-bolagsstammor-engelska.pdf

    Solna in April 2025
    Karolinska Development AB (publ)
    The Board of Directors

    Attachment

    The MIL Network –

  • MIL-OSI: Carronade Capital Files Preliminary Proxy Statement for Cannae Holdings 2025 Annual Meeting

    Source: GlobeNewswire (MIL-OSI)

    Underscores Critical Need to Establish Accountability and Independence on the Board

    Outlines Attributes of Carronade’s Four Independent and Highly Qualified Director Nominees and Why They Are Best-Suited to Create Value

    DARIEN, Conn., April 07, 2025 (GLOBE NEWSWIRE) — Carronade Capital Master, LP (together with its affiliates, “Carronade Capital”, “our” or “we”), which beneficially owns approximately 3.1 million shares of Common Stock of Cannae Holdings, Inc. (NYSE: CNNE) (“Cannae” or the “Company”) and is one of the Company’s top five shareholders, today filed a preliminary proxy statement in connection with its nomination of four independent and highly qualified candidates for election to the Cannae Board of Directors (the “Board”) at the upcoming 2025 Annual Meeting of Stockholders (the “2025 Annual Meeting”).

    Carronade also commented on Cannae’s recent announcements:

    “Cannae’s recent actions following our engagement are too little, too late, and do not go nearly far enough to rectify chronic underperformance, egregious corporate governance, and in our view, unfair benefits and severance payouts granted to Bill Foley with the blessing of his handpicked and intertwined Board. Promising to return a portion of shareholder funds to their rightful owners over an undetermined period of time and transitioning to annual director elections over a multi-year period are woefully insufficient to rectify the serious issues that we believe are plaguing Cannae under the oversight (or lack thereof) of such an entrenched, crony Board. Notably, the Board outrageously bettered Foley’s already offensive exit package amidst settlement discussions, guaranteeing him a cash buyout for half his shares at a premium to market if he resigns for “good reason”, including if any director not supported by Foley is elected to the Board. Cannae shareholders deserve better.

    “We believe Cannae’s recent statements about its future plans are insufficient to unlock the value of the portfolio and eliminate the ongoing, significant discount to NAV. Cannae’s previous attempts to close the discount to NAV have failed because we believe the market lacks confidence that this beholden Board will safeguard shareholder assets instead of further enriching management and themselves. The Board’s continuing conduct is clear evidence that new, truly independent directors such as Carronade’s nominees are needed to address the many deficiencies on display and re-direct Cannae toward meaningful change, enabling value creation for all shareholders.”

    Carronade has nominated four highly qualified candidates – Mona Aboelnaga, Benjamin Duster, Dennis Prieto and Cherie Schaible – each of whom possess the specific expertise and knowhow to pursue achievable value creative initiatives, which we believe will facilitate Cannae’s strategic transformation, turn around Cannae’s chronic underperformance, and drive shareholder value. Importantly, all of Carronade’s nominees are truly independent and will bring a renewed sense of shareholder accountability to Cannae’s board, working not for Mr. Foley, but instead for the true owners of Cannae – the shareholders.

    If elected, we believe Carronade’s nominees will be instrumental in unlocking substantial value for shareholders and restoring shareholder confidence through several value creation initiatives, including:

    • Committing to a certain and timely return of meaningfully more capital to shareholders through spin outs or substantial buybacks and providing a clear investment narrative to shareholders;
    • Refreshing the leadership of the Affiliate Transaction Committee and the Nomination and Governance Committee with the four new nominees, and creating a Value Maximization committee tasked with the formulation and oversight of successful execution of a plan designed to improve shareholder returns; and
    • Implementing a corporate overhead cost reduction program and converting the Trasimene Capital Management termination fee into performance-based, vesting stock compensation.

    Carronade looks forward to engaging with shareholders and expects the 2025 Annual Meeting to occur around mid-June 2025 consistent with prior meetings. Shareholders do not need to take any action at this time.

    About Carronade Capital
    Carronade Capital is a multi-strategy investment firm based in Connecticut with over $2.2 billion in assets under management that focuses on process driven investments in catalyst-rich situations. Carronade Capital was founded in 2019 by industry veteran Dan Gropper and is based in Darien, Connecticut. The Funds managed by Carronade Capital were launched on July 1, 2020, and the firm employs 15 team members. Dan Gropper brings with him nearly three decades of special situations credit experience serving in senior roles at distinguished investment firms, including Elliott Management Corporation, Fortress Investment Group and Aurelius Capital Management, LP.

    Media Contact:
    Paul Caminiti / Jacqueline Zuhse
    Reevemark
    (212) 433-4600
    Carronade@reevemark.com

    Investor Contact:
    Andy Taylor / Win Rollins
    Carronade Capital Management, LP
    (203) 485-0880
    ir@carronade.com

    Pat McHugh
    Okapi Partners LLC
    (212) 297-0720
    info@okapipartners.com

    Disclaimers

    This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in any state to any person. This press release does not recommend the purchase or sale of a security. There is no assurance or guarantee with respect to the prices at which any securities of Cannae Holdings, Inc. (the “Company”) will trade, and such securities may not trade at prices that may be implied herein. In addition, this press release and the discussions and opinions herein are for general information only, and are not intended to provide financial, legal or investment advice. Each shareholder of the Company should independently evaluate the proxy materials and make a decision that aligns with their own financial interests, consulting with their own advisers, as necessary.

    This press release contains forward-looking statements. Forward-looking statements are statements that are not historical facts and may include projections and estimates and their underlying assumptions, statements regarding plans, objectives, intentions and expectations with respect to future financial results, events, operations, services, product development and potential, and statements regarding future performance. Forward-looking statements are generally identified by the words “expects”, “anticipates”, “believes”, “intends”, “estimates”, “plans”, “will be” and similar expressions. Although Carronade Capital and its affiliates believe that the expectations reflected in forward-looking statements contained herein are reasonable, investors are cautioned that forward-looking information and statements are subject to various risks and uncertainties—many of which are difficult to predict and are generally beyond the control of Carronade or the Company—that could cause actual results and developments to differ materially from those expressed in, or implied or projected by, the forward-looking information and statements. In addition, the foregoing considerations and any other publicly stated risks and uncertainties should be read in conjunction with the risks and cautionary statements discussed or identified in the Company’s public filings with the U.S. Securities and Exchange Commission, including those listed under “Risk Factors” in the Company’s annual reports on Form 10-K and quarterly reports on Form 10-Q . The forward-looking statements speak only as of the date hereof and, other than as required by applicable law, Carronade does not undertake any obligation to update or revise any forward-looking information or statements. Certain information included in this press release is based on data obtained from sources considered to be reliable. Any analyses provided herein is intended to assist the reader in evaluating the matters described herein and may be based on subjective assessments and assumptions and may use one among alternative methodologies that produce different results. Accordingly, any analyses should not be viewed as factual and should not be relied upon as an accurate prediction of future results. All figures are estimates and, unless required by law, are subject to revision without notice.

    Certain of the funds(s) and/or account(s) (“Accounts”) managed by Carronade Capital Management, LP (“Carronade Capital Management”) currently beneficially own shares of the Company. Carronade Capital Management in the business of trading (i.e., buying and selling) securities and intends to continue trading in the securities of the Company. You should assume the Accounts will from time to time sell all or a portion of its holdings of the Company in open market transactions or otherwise, buy additional shares (in open market or privately negotiated transactions or otherwise), or trade in options, puts, calls, swaps or other derivative instruments relating to such shares. Consequently, Carronade Capital Management’s beneficial ownership of shares of, and/or economic interest in, the Company may vary over time depending on various factors, with or without regard to Carronade Capital Management’s views of the Company’s business, prospects, or valuation (including the market price of the Company’s shares), including, without limitation, other investment opportunities available to Carronade Capital Management, concentration of positions in the portfolios managed by Carronade Capital Management, conditions in the securities markets, and general economic and industry conditions. Without limiting the generality of the foregoing, in the event of a change in the Company’s share price on or following the date hereof, Carronade Capital Management may buy additional shares or sell all or a portion of its Account’s holdings of the Company (including, in each case, by trading in options, puts, calls, swaps, or other derivative instruments relating to the Company’s shares). Carronade Capital Management also reserves the right to change the opinions expressed herein and its intentions with respect to its investment in the Company, and to take any actions with respect to its investment in the Company as it may deem appropriate, and disclaims any obligation to notify the market or any other party of any such changes or actions, except as required by law.

    Certain Information Concerning the Participants

    Carronade Capital Master, LP, together with the other participants named herein (collectively, “Carronade Capital”), has filed a preliminary proxy statement and accompanying GOLD proxy card with the Securities and Exchange Commission (“SEC”) to be used to solicit votes for the election of Carronade Capital’s highly-qualified director nominees at the 2025 annual meeting of stockholders of the Company.

    CARRONADE CAPITAL STRONGLY ADVISES ALL STOCKHOLDERS OF THE COMPANY TO READ THE PROXY STATEMENT AND OTHER PROXY MATERIALS AS THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION. SUCH PROXY MATERIALS WILL BE AVAILABLE AT NO CHARGE ON THE SEC’S WEB SITE AT HTTP://WWW.SEC.GOV. IN ADDITION, THE PARTICIPANTS IN THIS PROXY SOLICITATION WILL PROVIDE COPIES OF THE PROXY STATEMENT WITHOUT CHARGE, WHEN AVAILABLE, UPON REQUEST. REQUESTS FOR COPIES SHOULD BE DIRECTED TO THE PARTICIPANTS’ PROXY SOLICITOR.

    The participants in the proxy solicitation are anticipated to be Carronade Capital Master, LP (“Carronade”), Carronade Capital GP, LLC (“Carronade GP”), Carronade Capital Management, Carronade Capital Management GP, LLC (“Carronade Management GP”), Dan Gropper, Mona Aboelnaga, Benjamin C. Duster, IV, Dennis A. Prieto and Chérie L. Schaible.

    As of the date hereof, Carronade beneficially owns directly 2,874,116 shares of Common Stock, par value $0.0001 per share, of the Company (the “Common Stock”). Carronade GP, as the general partner of Carronade, may be deemed the beneficial owner of the 2,874,116 shares of Common Stock owned by Carronade. As of the date hereof, 176,809 shares of Common Stock were held in a certain account managed by Carronade Capital Management (the “Managed Account”). Carronade Capital Management, as the investment manager of Carronade, may be deemed the beneficial owner of an aggregate of 3,050,925 shares of Common Stock directly owned by Carronade and held in the Managed Account. Carronade Management GP, as the general partner of Carronade Capital Management, may be deemed the beneficial owner of an aggregate of 3,050,925 shares of Common Stock directly owned by Carronade and held in the Managed Account. As the Managing Member of Carronade Management GP, Mr. Gropper may be deemed the beneficial owner of an aggregate of 3,050,925 shares of Common Stock directly owned by Carronade and held in the Managed Account. As of the date hereof, Ms. Aboelnaga directly beneficially owns 1,400 shares of Common Stock. As of the date hereof, Mr. Duster directly beneficially owns 1,338.329 shares of Common Stock. As of the date hereof, Mr. Prieto directly beneficially owns 820 shares of Common Stock. As of the date hereof, Ms. Schaible directly beneficially owns 1,360 shares of Common Stock.

    The MIL Network –

  • MIL-OSI: LPL Financial Announces Strategic Relationship with First Horizon Bank

    Source: GlobeNewswire (MIL-OSI)

    SAN DIEGO, April 07, 2025 (GLOBE NEWSWIRE) — LPL Financial Holdings Inc. (Nasdaq: LPLA) today announced an agreement with First Horizon Bank, the banking subsidiary of First Horizon Corporation (NYSE: FHN), to expand their wealth management capabilities and solutions by transitioning support of the broker-dealer and investment advisory services of First Horizon Advisors, Inc., to LPL and its Institution Services platform.

    First Horizon Advisors, Inc., is a subsidiary of First Horizon Bank and consists of approximately 110 financial advisors who collectively serve approximately $16 billion* of client assets across the company’s 12-state footprint. The financial advisors with First Horizon Advisors, Inc., will continue to work one-on-one with their clients to implement investment strategies that help them pursue their financial goals.

    “LPL’s industry-leading capabilities and operational support will allow us to expand our offering and concentrate our talent, resources and capital on driving continued growth and outstanding client experiences,” said Martin de Laureal, president at First Horizon Advisors, Inc. “This relationship will further empower our advisors to provide exceptional advice and distinguish themselves in the marketplace.”

    “Through their community-minded commitment to excellence, First Horizon Advisors delivers well-respected and comprehensive financial advice to their clients,” said Christopher Cassidy, SVP, head of Institution Business Development at LPL Financial. “LPL will further enhance the competitive advantage of First Horizon Advisors by delivering seamless experiences and customized support while powering the future of advice through one unified vision.”

    The transition is expected to be completed in the second half of 2025, subject to receipt of regulatory approval and other conditions. 

    About First Horizon
    First Horizon Corporation (NYSE: FHN), with $82.2 billion in assets as of December 31, 2024, is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation’s best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank. More information is available at www.FirstHorizon.com. 

    About LPL Financial
    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports more than 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.7 trillion in brokerage and advisory assets on behalf of 6 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment advisor and broker dealer, member FINRA/SIPC. First Horizon Bank, First Horizon Corp., First Horizon Advisors, Inc., and LPL Financial are separate entities.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website. 

    *Estimated as of April 4, 2025

    Forward-Looking Statements 
    Certain of the statements included in this release, such as those regarding the completion of the strategic relationship agreement; the expected transition of assets associated therewith; and the benefits anticipated therefrom, constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Words such as “expects,” “believes,” “anticipates,” “plans,” “assumes,” “estimates,” “projects,” “intends,” “should,” “will,” “shall” or variations of such words are generally part of forward-looking statements. Forward-looking statements are made based on current expectations and beliefs concerning future developments and their potential effects upon First Horizon, LPL or both. In particular, no assurance can be provided that the assets reported as serviced by financial advisors affiliated with First Horizon will translate into assets serviced by LPL, that advisors affiliated with First Horizon will transition registration to LPL or that the benefits that are expected to accrue to First Horizon, LPL and First Horizon-affiliated advisors as a result of the strategic relationship agreement will materialize. These forward-looking statements are not a guarantee of future performance and involve risks and uncertainties, including economic, legislative, regulatory, competitive and other factors, and there are certain important factors that could cause actual results or the timing of events to differ, possibly materially, from expectations or estimates expressed or implied in such forward-looking statements. Important factors that could cause or contribute to such differences include: the failure of the parties to satisfy the closing conditions applicable to the strategic relationship agreement, including receiving regulatory approval, in a timely manner or at all; difficulties or delays in transitioning advisors affiliated with First Horizon, or in onboarding First Horizon’s clients and businesses or transitioning their assets from First Horizon’s current third-party custodian, to LPL; the inability of LPL to sustain revenue and earnings growth or to fully realize revenue or expense synergies or the other expected benefits of the transaction, which depend in part on LPL’s success in onboarding assets currently served by First Horizon’s advisors; disruptions to First Horizon’s or LPL’s businesses due to transaction-related uncertainty or other factors making it more difficult to maintain relationships with financial advisors and clients, employees, other business partners or governmental entities; the inability of LPL or First Horizon to implement onboarding plans; the choice by clients of First Horizon-affiliated advisors not to open brokerage and/or advisory accounts at LPL; changes in general economic and financial market conditions, including retail investor sentiment; fluctuations in the value of assets under custody; and the effects of competition in the financial services industry, including competitors’ success in recruiting First Horizon-affiliated advisors. Certain additional important factors that could cause actual results or the timing of events to differ, possibly materially, from expectations or estimates expressed or implied in such forward-looking statements can be found in the “Risk Factors” and “Special Note Regarding Forward-Looking Statements” section included in LPL’s most recent Annual Report on Form 10-K. Except as required by law, LPL does not undertake to update any particular forward-looking statement included in this document as a result of developments occurring after the date of this press release. 

    Contacts

    LPL Media Relations
    media.relations@lplfinancial.com

    LPL Investor Relations
    investor.relations@lplfinancial.com

    Tracking #716697

    The MIL Network –

  • MIL-OSI United Kingdom: Inquiry into the Southport attack begins today

    Source: United Kingdom – Executive Government & Departments

    News story

    Inquiry into the Southport attack begins today

    The Home Secretary announces the first phase of the Southport Inquiry starts today and appoints Rt Hon Sir Adrian Fulford as chair.

    The Home Secretary, Yvette Cooper has announced that the first phase of the Southport Inquiry will start today.

    The Home Secretary previously announced in January 2025 that an inquiry would be launched following the conviction of the perpetrator of the 2024 Southport attack, to examine what went wrong in this horrific case and how services should respond to fixated youth violence.

    Sir Adrian Fulford has been appointed as the chair following consultation with the victims and families of those killed or affected by the attacks and plans to travel to meet them as a first priority.

    This follows the Prime Minister’s commitment to leave no stone unturned in uncovering how this attack happened and to not let any institution of the state deflect from their failure.

    Home Secretary, Yvette Cooper said:

    The brutal murder of three young girls: Bebe, Elsie and Alice in Southport was an unimaginable tragedy – we owe it to their families, and all those affected on that terrible day to quickly understand what went wrong, answer difficult questions and do everything in our power to prevent something like this from happening again.

    The Southport Inquiry will provide insights into any failings that allowed a young man with a previous history of violence, to commit this horrendous attack. 

    Sir Adrian Fulford will bring a wealth of legal and criminal justice expertise to this role, and I am pleased he has agreed to chair the inquiry.

    The inquiry will be statutory. This follows representations made by families and victims of the attack and means the Inquiry has all the necessary legal powers to receive evidence and hear witness testimony effectively.

    It will take place in 2 phases. The first will thoroughly investigate the circumstances surrounding the attack and the events leading up to it. This will include examining an overall timeline of the perpetrator’s history and interactions with various public bodies including criminal justice, education, social care, and healthcare, as well as decision-making and information-sharing by local services and agencies.

    The second is expected to examine the wider issues of children and young people being drawn into extreme violence.

    Sir Adrian Fulford will bring an impartial and extensive legal background, particularly on issues relating to policing and the criminal justice system.

    He is a retired Lord Justice of Appeal and former judge of the International Criminal Court 2003 to 2012. Previously, he was the Vice-President of the Court of Appeal (Criminal Division) in 2019 and was the first Investigatory Powers Commissioner between 2017 to 2019.

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI Africa: Africa’s Strategic Diplomacy Fuels Mining Sector Growth

    Source: Africa Press Organisation – English (2) – Report:

    CAPE TOWN, South Africa, April 7, 2025/APO Group/ —

    African nations are leveraging strategic partnerships to attract investment and strengthen their mining sectors. As competition between Western and Eastern powers intensifies over critical minerals, Africa has emerged as a key player in global supply chains, balancing geopolitical interests while maximizing economic benefits. With global markets racing to secure resources for the energy transition and the Fourth Industrial Revolution, the upcoming African Mining Week will facilitate collaboration between African governments and international stakeholders.

    U.S.–DRC Partnership to Unlock Mineral Wealth

    In March 2025, the U.S. State Department reaffirmed (https://apo-opa.co/43JPLr8) its interest in engaging with the Democratic Republic of Congo (DRC) to unlock its estimated $1.2 trillion in untapped mineral resources. Cooperation between the two countries could yield a transformative impact on the sector, with U.S. financing and technical expertise unlocking the potential of the world’s largest cobalt producer and Africa’s largest copper producer. The U.S. has already played an active role in the financing and development of the Lobito Corridor, facilitating mineral transport and trade between the DRC, Angola, Zambia and international markets.

    EU Expands Mining, Green Energy Investments

    This month, the European Union (EU) pledged €4.7 billion (https://apo-opa.co/42q3265) to South Africa to support raw material value addition, the energy transition, local vaccine manufacturing and green hydrogen production. South Africa, home to the world’s largest deposits of platinum group metals (PGMs), will leverage this funding to enhance PGM production to meet growing demand for electrolysers used in green hydrogen applications. This follows South Africa’s $1 billion green hydrogen partnership with Denmark and the Netherlands established in 2023. Neighboring Namibia has also attracted European investment, with the EU committing €25 million to Namibia Hydrogen Fund Managers in September 2024 to propel the country’s green hydrogen sector. Meanwhile, Uganda is taking steps to develop its mining sector with the support of the EU and Germany’s Federal Ministry for Economic Cooperation and Development, having launched the Sustainable Development of the Mining Sector project earlier this month. 

    China Strengthens its Position in African Mining

    China remains one of the largest investors in African mining, with both state-owned and private firms driving sector growth. In September 2024, China pledged $50 billion over three years for infrastructure and mineral development across the continent. Key projects in the DRC include CMOC’s $2.5 billion expansion of the Tenke Fungurume Mine and Sinohydro and China Railway’s $7 billion infrastructure-for-minerals deal in copper and cobalt mining. China has also invested heavily in Zimbabwe’s lithium sector and pledged $1 billion to upgrade the Tazara Railway, improving East Africa’s mineral exports.

    Growing Global Interest in Africa’s Mining Sector

    Beyond the U.S., EU and China, countries like Canada, Australia and the UAE are ramping up mining investments in Africa. Canadian firms are expanding their footprint in West Africa’s gold sector, Australian companies are backing lithium and rare earth projects in southern Africa and the UAE is securing stakes in critical mineral supply chains through strategic joint ventures. African Mining Week, taking place October 1-3 in Cape Town, will provide a platform for African nations to engage global investors, strengthen cooperation and accelerate resource development.

    MIL OSI Africa –

  • MIL-OSI Australia: More funding for ACT community organisations

    Source: Northern Territory Police and Fire Services

    Additional funding will help community organisations to continue assisting Canberrans.

    A new ACT Government funding package will give a one-off financial boost to non-government health sector organisations.

    This will help community organisations that face financial pressures. These may be because of increased costs or service demand.

    The extra funding will support these organisations to deliver vital services over the next year.

    Organisations receiving funding include:

    • Arthritis ACT
    • Asthma ACT
    • Australian Breastfeeding organisation
    • Capital Region Cancer Relief
    • Companion House
    • Diabetes Australia
    • Directions Health Care
    • Epilepsy ACT
    • Gugan Gulwan Youth Aboriginal Corporation
    • Haemophilia Foundation
    • Interchange Health Co-op
    • KidSafe ACT
    • MSI Australia
    • Palliative Care ACT
    • RSI Overuse Foundation
    • Women’s Health Matters.

    Community Assistance and Temporary Supports program

    This package also includes more funding for the Community Assistance and Temporary Supports (CATS) program.

    The program provides support for people experiencing difficulties with daily living. These could be due to a short-term health issue, illness or injury.

    Organisations included in funding for CATS include:

    • ADACAS
    • Anglicare
    • Capital Region Community Services
    • Carers ACT
    • Community Services #1
    • Life without Barriers
    • Northside Community Services.

    Chifley Health and Wellbeing Centre

    More funding will help ensure gym services to continue at the Chifley Health and Wellbeing Centre.

    The gym closed in April 2024. Since then, the government has worked to find a new service provider to ensure this valued service can continue.

    The government is speaking with the preferred providers and expects to announce a new service provider soon.

    With this funding, the new provider will be able to re-establish the service as quickly as possible.

    The ACT Government will continue to engage with the wider sector on the findings of previous reports and recommendations.

    It continues to seek better understanding of community needs, the costs involved in delivering services to the community, and the cost pressures non-government organisations face in the ACT.

    Get ACT news and events delivered straight to your inbox, sign up to our email newsletter:


    MIL OSI News –

  • MIL-OSI: LIS Technologies Inc. to Attend the World Nuclear Fuel Cycle 2025 Conference with Co-Founder and CEO Christo Liebenberg Scheduled to Present

    Source: GlobeNewswire (MIL-OSI)

    Oak Ridge, Tennessee, April 07, 2025 (GLOBE NEWSWIRE) — LIS Technologies Inc. (“LIST” or “the Company”), a proprietary developer of advanced laser technology and the only USA-origin and patented laser uranium enrichment company, today announced that its Co-Founder and Chief Executive Officer Christo Liebenberg will be in attendance and is scheduled to participate in a Panel Discussion at the World Nuclear Fuel Cycle (WNFC) 2025 conference, held in Montreal, Canada on April 8-10th, 2025

    The panel titled, “Enriching the future: opportunities and challenges” will be held on Wednesday, April 9th from 14:00-15:15. Other panelist include representatives from Constellation Energy, Orano USA, Centrus Energy Corp. and Urenco.

    Jointly organized by the World Nuclear Association and the Nuclear Energy Institute, World Nuclear Fuel Cycle (WNFC) is a top-level international forum co-organized by the Nuclear Energy Institute and World Nuclear Association. The conference offers a timely opportunity for attendees to gain insights into critical developments affecting the commercial nuclear fuel cycle and the evolving dynamics of the fuel marketplace.

    Figure 1 – LIS Technologies Inc. Co-Founder and CEO Christo Liebenberg to Participate in Panel Discussion at the Upcoming World Nuclear Fuel Cycle 2025 Conference.

    “This international forum will feature leading companies and executives with real-world understanding of the intricacies of the fuel cycle,” said Christo Liebenberg, Co-Founder and CEO of LIS Technologies Inc. “I expect the panel to prove to be a fundamental occasion to share key insights into the industry and the delve into the opportunities, both current and upcoming, present in the United States and abroad. I look forward to an exciting and informative event that will help shape the future of this industry in the years to come.”

    “The fuel cycle is vital to the nuclear energy sector, and this event is undoubtedly one of the year’s key milestones,” said Jay Yu, Executive Chairman and President of LIS Technologies Inc. “We are proud to be the only U.S. origin, patented and independently verified Technology Readiness Level (TRL) 4 laser uranium enrichment technology company to be represented at WNFC 2025. Our cutting-edge approach represents a significant advancement in enrichment capabilities and holds the potential to reshape the global industry and guide the future of nuclear energy.”

    About LIS Technologies Inc.

    LIS Technologies Inc. (LIST) is a USA based, proprietary developer of a patented advanced laser technology, making use of infrared lasers to selectively excite the molecules of desired isotopes to separate them from other isotopes. The Laser Isotope Separation Technology (L.I.S.T) has a huge range of applications, including being the only USA-origin (and patented) laser uranium enrichment company, and several major advantages over traditional methods such as gas diffusion, centrifuges, and prior art laser enrichment. The LIST proprietary laser-based process is more energy-efficient and has the potential to be deployed with highly competitive capital and operational costs. L.I.S.T is optimized for LEU (Low Enriched Uranium) for existing civilian nuclear power plants, High-Assay LEU (HALEU) for the next generation of Small Modular Reactors (SMR) and Microreactors, the production of stable isotopes for medical and scientific research, and applications in quantum computing manufacturing for semiconductor technologies. The Company employs a world class nuclear technical team working alongside leading nuclear entrepreneurs and industry professionals, possessing strong relationships with government and private nuclear industries.

    In 2024, LIS Technologies Inc. was selected as one of six domestic companies to participate in the Low-Enriched Uranium (LEU) Enrichment Acquisition Program. This initiative allocates up to $3.4 billion overall, with contracts lasting for up to 10 years. Each awardee is slated to receive a minimum contract of $2 million.

    For more information please visit: LaserIsTech.com

    For further information, please contact:
    Email: info@laseristech.com
    Telephone: 800-388-5492
    Follow us on X Platform
    Follow us on LinkedIn

    Forward Looking Statements

    This news release contains “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995. In this context, forward-looking statements mean statements related to future events, which may impact our expected future business and financial performance, and often contain words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “will”, “should”, “could”, “would” or “may” and other words of similar meaning. These forward-looking statements are based on information available to us as of the date of this news release and represent management’s current views and assumptions. Forward-looking statements are not guarantees of future performance, events or results and involve known and unknown risks, uncertainties and other factors, which may be beyond our control. For LIS Technologies Inc., particular risks and uncertainties that could cause our actual future results to differ materially from those expressed in our forward-looking statements include but are not limited to the following which are, and will be, exacerbated by any worsening of global business and economic environment: (i) risks related to the development of new or advanced technology, including difficulties with design and testing, cost overruns, development of competitive technology, loss of key individuals and uncertainty of success of patent filing, (ii) our ability to obtain contracts and funding to be able to continue operations and (iii) risks related to uncertainty regarding our ability to commercially deploy a competitive laser enrichment technology, (iv) risks related to the impact of government regulation and policies including by the DOE and the U.S. Nuclear Regulatory Commission; and other risks and uncertainties discussed in this and our other filings with the SEC. Only after successful completion of our Phase 2 Pilot Plant demonstration will LIS Technologies be able to make realistic economic predictions for a Commercial Facility. Readers are cautioned not to place undue reliance on these forward-looking statements, which apply only as of the date of this news release. These factors may not constitute all factors that could cause actual results to differ from those discussed in any forward-looking statement. Accordingly, forward-looking statements should not be relied upon as a predictor of actual results. We do not undertake to update our forward-looking statements to reflect events or circumstances that may arise after the date of this news release, except as required by law.

    Attachment

    The MIL Network –

  • MIL-OSI: Red Cat Appoints Shawn Webb as President of FlightWave Aerospace

    Source: GlobeNewswire (MIL-OSI)

    SANTA MONICA, Calif., April 07, 2025 (GLOBE NEWSWIRE) — Red Cat Holdings, Inc. (Nasdaq: RCAT) (“Red Cat” or the “Company”), a drone technology company integrating robotic hardware and software for military, government, and commercial operations, today announced the appointment of Shawn Webb as President of FlightWave Aerospace Systems Corporation (“FlightWave”), a Red Cat company, effective immediately.

    Webb brings more than 25 years of experience leading operational strategy and engineering across commercial and military aerospace sectors. Most recently, he served as Vice President of Operations at AeroVironment Inc., where he led the largest capacity and revenue expansion in the history of the company’s Loitering Munition Systems Business Segment.

    Prior to AeroVironment, Webb served as Vice President of Operations at BEGA North America, where he implemented a multi-site continuous improvement strategy that increased on-time delivery rates, reduced lead times, and generated significant cost savings. He also held senior roles at Bombardier Aerospace, where he spearheaded lean manufacturing and site development initiatives for the Learjet 85 program.

    “Shawn brings years of operational excellence, leadership, and domain expertise that are invaluable as we scale FlightWave’s manufacturing capacity and ramp up production of the Edge 130 Blue,” said Jeff Thompson, CEO of Red Cat. “His proven track record of driving growth in the highly complex aerospace industry, as well as leading high-performing teams makes him a great addition to the Red Cat family.”

    As part of his new role, Shawn will support the ongoing evolution of the Edge 130 into TRICHON™, which will have enhanced capabilities and further strengthen the Arachnid Family of ISR and Precision Strike Systems.

    “There are significant opportunities for FlightWave at such a pivotal time in the defense industry where sUAS play an increasing role on the modern battlefield,” said Webb. “Red Cat’s vision for its fully integrated Arachnid Family of Systems for ISR and precision strike capabilities, including the Edge 130, aligns perfectly with my experience scaling aerospace operations and building systems that are critical to the success of our warfighters and global allies.”

    Webb holds a B.S. in Business Management from Friends University, with additional coursework in electrical and industrial engineering from Wichita State University. He also holds certifications in Lean Manufacturing, Six Sigma, and Systems Operation. He has led international operations and worked with regulatory agencies including the FAA and DoD.

    For more information about Red Cat Holdings, please visit www.redcat.red.

    About Red Cat Holdings, Inc.

    Red Cat (Nasdaq: RCAT) is a drone technology company integrating robotic hardware and software for military, government, and commercial operations. Through two wholly owned subsidiaries, Teal Drones and FlightWave Aerospace, Red Cat has developed a Family of Systems. This includes the Black Widow™, a small unmanned ISR system that was awarded the U.S. Army’s Short Range Reconnaissance (SRR) Program of Record contract. The Family of Systems also includes TRICHON™, a fixed-wing VTOL for extended endurance and range, and FANG™, the industry’s first line of NDAA-compliant FPV drones optimized for military operations with precision strike capabilities. Learn more at www.redcat.red.

    About FlightWave

    FlightWave Aerospace Systems Corporation is an industry leading manufacturer of dual-use VTOL drones, sensors and software solutions located in Santa Monica, CA. FlightWave designs and manufactures the Edge 130 VTOL drone and payload cameras for the commercial, defense, security, and intelligence markets. The fully-autonomous Edge 130 sUAS has the best flight endurance in the industry and with AI edge compute capabilities, provides superior aerial data capture to both the commercial and defense markets.

    Forward Looking Statements

    This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Red Cat Holdings, Inc.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the Form 10-K filed with the Securities and Exchange Commission on July 27, 2023. Forward-looking statements contained in this announcement are made as of this date, and Red Cat Holdings, Inc. undertakes no duty to update such information except as required under applicable law.

    Contact:

    INVESTORS:
    E-mail: Investors@redcat.red

    NEWS MEDIA:
    Phone: (347) 880-2895
    Email: peter@indicatemedia.com

    The MIL Network –

  • MIL-Evening Report: Election Diary: Jim Chalmers highlights expectations of May interest rate cut – after the election

    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra

    Amid the chaos of the tariff crisis and the dark clouds internationally, there is a potential silver lining for Australian mortgage holders.

    Treasurer Jim Chalmers on Monday pointed out that the markets were expecting several cuts in Australia’s interest rates this year, including one next month. There has been one cut so far, in February.

    “Markets are now expecting around four interest rate cuts in Australia this calendar year”, Chalmers told a news conference. There was even a “more than 50% expectation in the markets that the next Reserve Bank interest rate cut in May might be as big as 50 basis points”.

    While saying he didn’t predict or pre-empt Reserve Bank decisions, Chalmers nevertheless highlighted what the markets are expecting.

    The next meeting of the Reserve Bank is on May 19-20, so a cut would be after the May 3 election.

    Chalmers said the “whole world” was trying to get their heads around the impacts of these “bad decisions” on tariffs.

    Releasing updated Treasury modelling of the impact, Chalmers said it expected big hits to American growth and to Chinese growth, as well as a spike in American inflation.

    “We expect more manageable impacts on the Australian economy but we still do expect Australian GDP to take a hit, and we expect there to be an impact on prices here as well”.

    Chalmers stressed the uncertainty around the modelling and about the economic impacts more generally. “Clearly, a series of decisions are still to be taken around the world when it comes to how countries may or may not retaliate to the decisions taken and announced by President Trump”.

    The Treasury modelling says: “The effects on the Australian economy are expected to be modest, however, some parts of the agriculture, energy, mining and durable manufacturing sectors will be more adversely affected than others”.

    “Australia’s real GDP is estimated to decline by 0.1 per cent and inflation to increase by 0.2 percentage points in 2025 relative to a baseline scenario with no tariffs. Over the medium-term Australia’s GDP is permanently lower; while the effect on inflation is temporary.

    “The direct effects of the United States tariff changes (from bilateral trade) are expected to be small.

    “Most of Australia’s exposure to US tariffs comes from reduced demand for Australian exports from major trading partners including China, Japan, South Korea, and India.

    “The indirect effects of US tariffs on Chinese demand accounts for almost 80 per cent of the total impact on Australian GDP.”

    Government to promise $1 billion for mental health, with emphasis on youth

    Returning to Labor’s core issue of health, Prime Minister Anthony Albanese on Tuesday will promise $1 billion for free mental health services that would fill gaps in the system.

    This includes

    • $225 million for 31 new and upgraded Medicare Mental Health Centres

    • More than $200 million for 58 new, upgraded or expanded headspace services

    • $500 million for 20 Youth Specialist Care Centres for young people with complex needs, and

    • $90 million for more than 1,200 training places for mental health professionals and peer workers.

    The government says the new network of Youth Specialist Care Centres would ensure young people in “the missing middle” received needed specialist help. It would mean those with complex mental health needs such as personality disorders, eating disorders and early psychosis would be able to ongoing and intensive care outside hospital.

    Dog day for Dutton

    Saying you got it wrong is never harder than in an election campaign. Peter Dutton bowed to the inevitable in dropping his plan to force Canberra public servants back into the office, but fronting the media for the mea culpa on Monday was painful.

    “I have apologised for the decision we took in relation to work from home,” he said. He added, with false optimism, “Labor’s run this scare campaign and I think we bring an end to that today.”

    It wasn’t the only pain of the day for the opposition leader, who needs – to borrow his own election slogan – to get his campaign “back on track”. The message from Newspoll, the poll many Liberals take most notice of, was bad. Labor had extended its lead in a week, from 51%-49% in two-party terms to 52%-48%. This is close to the result of the 2022 election, and can only alarm the Liberal campaigners.

    Some Liberals, disappointed with the Coalition campaign so far, are recalling John Howard’s mantra: you can’t fatten the pig on market day. “There’s not much evidence the work has been done,” one says.

    As of late Monday, Dutton had still not produced the modelling for his controversial gas reservation scheme, which has made it more difficult for candidates to explain the policy to voters.

    On another front, the Liberals have also failed to do their work properly in vetting candidates. They’ve had to disendorse their candidate for the Sydney Labor seat of Whitlam, Ben Britton.

    Previously Britton had said women should be removed from combat positions in the defence force. “Their hips are being destroyed because they can’t cope with the carrying of the heavy loads and the heavy impacts that’s required for doing combat-related jobs,” he said, among other comments attacking “diversity and equity quotas” for weakening Australia’s defence.

    In previous elections, parties have had to remove candidates after previous embarrassing comments have turned up. Surely the Liberals would have learned to be scrupulous in vetting. But in the New South Wales Liberal organisation, it seems to take a long time for the messages to get through.

    .

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

    – ref. Election Diary: Jim Chalmers highlights expectations of May interest rate cut – after the election – https://theconversation.com/election-diary-jim-chalmers-highlights-expectations-of-may-interest-rate-cut-after-the-election-253733

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI United Kingdom: Government to listen, learn and deliver as consultation on transformational welfare reforms begins

    Source: United Kingdom – Government Statements

    Press release

    Government to listen, learn and deliver as consultation on transformational welfare reforms begins

    Welfare reforms must be shaped by and for disabled people, the Minister for Social Security and Disability Sir Stephen Timms said today [Monday 07 April], as the official consultation on the government’s proposals begins.

    • Publication of all accessible versions set to trigger the start of official consultation into welfare reforms announced by Work and Pensions Secretary.
    • Disabled people and those with health conditions are encouraged to have their say so their views are at the heart of the new system.
    • Reforms will fix the broken welfare system by giving people genuine support to unlock work and boost living standards as part of the government’s Plan for Change.

    Welfare reforms must be shaped by and for disabled people, the Minister for Social Security and Disability Sir Stephen Timms said today [Monday 07 April], as the official consultation on the Government’s proposals begins.

    It comes as the government commits to the establishment of ‘collaboration committees’ to further develop the reforms, bringing together groups of people for specific work areas to provide discussion, challenge, and make recommendations. 

    Announced on Tuesday 18 March, the proposed reforms will ensure that sick and disabled people have the same opportunities to work as anyone else, and will unlock work, boost living standards, and help grow the economy as part of the government’s Plan for Change.

    They will also seek to overhaul the broken benefits system so it supports those who need it, while helping those who can work into jobs and delivering fairness to the taxpayer. 

    The Minister for Social Security and Disability is urging those likely to be affected by the changes – either individually or through disability charities and organisations – to have their say through the consultation, ensuring their views help shape the proposed changes.

    Minister for Social Security and Disability Sir Stephen Timms said:

    We inherited a broken welfare system, which incentivises ill-health, locks people out of work and isn’t fit for a future in which so many of us will face long-term health conditions.

    We want a system that genuinely works for disabled people and those with health conditions, as well as the country and the economy, and we want to hear their views and voices at the heart of the new system. 

    I encourage people to engage so they can have their say as we listen, learn and deliver support which will help millions into work, put welfare spending on a more sustainable path, and unlock growth as part of our Plan for Change.

    The 12-week consultation on reforms to health and disability support officially launches today with publication of all accessible versions of the Pathways to Work Green Paper. 

    The proposed reforms aim to support people into work, protect people who can never work and put the welfare system on a sustainable footing so that it can continue to support those in need now and into the future. One in three of us faces a long-term health condition, so we all need a system that can support us to stay in work or get back into work.

    The measures are the latest step in the government’s drive to build a modern welfare system that helps people get jobs rather than creating unnecessary barriers, with ministers’ proposed plans set to:

    • Provide more tailored employment support for those who can work, breaking down barriers to opportunity.
    • Simplify the system and reduce unnecessary assessments, cutting bureaucracy and making it easier to navigate.
    • Improve the way financial support is assessed and delivered, ensuring it reaches those who need it most and that people using the system have a better experience and are treated with dignity and respect.
    • Build a more flexible approach that recognises the diverse needs of disabled people and those with long-term health conditions.

    Without changes, it is forecast that the system could cost as much as £70 billion a year by the end of the decade and risk not being there for people when they need it in future.

    Issues open for consultation include:

    • Supporting people to thrive with the new support offer.
    • Supporting employers and making work more accessible.
    • Reforming the structure of the health and disability benefits system.

    These are part of the wider reforms that also include reintroducing reassessments for people on incapacity benefits who have the capability to work to ensure they have the right support and aren’t indefinitely written off, targeting Personal Independence Payments for those with higher needs, and rebalancing payment levels in Universal Credit.

    Additional Information:

    • For more information and to have your say, please see the Pathways to Work – GOV.UK consultation page.  The consultation closes on Friday 30 June 2025.
    • The Government announced the biggest shake up to welfare for a generation: Biggest shake up to welfare system in a generation to get Britain working – GOV.UK
    • Please see the Health and Disability Green Paper: Pathways to Work: Reforming Benefits and Support to Get Britain Working Green Paper – GOV.UK
    • DWP intend to run a number of accessible virtual and face-to-face events on the Green Paper to hear from stakeholders, including disabled people and their representative organisations, directly. More information on these events and registration is advertised on the consultation pages on GOV.UK. 
    • We are committing to the establishment of ‘collaboration committees’ to further develop our reforms. This means we will bring together groups of people for specific work areas who will meet to collaborate with civil servants and provide discussion, challenge, and recommendations. Each group will have a different mix of people including both those with lived experience of the policy area and other experts.

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI China: China launches tip-off service to combat medical insurance fraud

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

    BEIJING, April 7 — China’s National Healthcare Security Administration announced on Monday the launch of a tip-off service via its official WeChat account, enabling social organizations and the public to report leads on medical insurance fraud.

    Eligible informants will be rewarded with a one-time payment ranging from 200 yuan (about 27.8 U.S. dollars) to 200,000 yuan, according to the administration.

    Noting that the misuse of medical insurance funds undermines public interests, it urged the whole society to make efforts in combating fraud.

    In 2024, China’s medical insurance watchdogs recovered 27.5 billion yuan of misused medical insurance funds, with a total of 10,741 suspects arrested.

    The Chinese government has vowed to continue strengthening oversight of medical insurance funds to ensure every penny is maximized for the benefit of public health.

    MIL OSI China News –

  • MIL-OSI: Diamond Equity Research Initiates Coverage on Almonty Industries, Inc. (TSX: AII) (ASX: AII) (FWB: ALI) (OTCQX: ALMTF)

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, April 07, 2025 (GLOBE NEWSWIRE) — Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of Almonty Industries, Inc. (TSX: AII) (ASX: AII) (FWB: ALI) (OTCQX: ALMTF). The in-depth 49-page initiation report includes detailed information on the Almonty Industries’ business model, services, industry overview, financials, valuation, management profile, and risks. 

    The full research report is available below.

    Almonty Industries Inc. Initiation of Coverage

    Highlights from the report include:

    • Sangdong Mine Potentially Set to Become the World’s Largest Non-Chinese Tungsten Source: Almonty’s flagship Sangdong Mine in South Korea is poised to transform the global tungsten landscape, with projected output exceeding 40% of non-China supply and 5% of global supply by 2027. In our view, Sangdong is not just Almonty’s crown jewel, but also a cornerstone asset for rebuilding Western tungsten supply chains, given its expected 90+ year mine life and strong by-product upside potential from molybdenum.
    • High-Grade Molybdenum Asset Adds Material Upside from Late 2026: Located just below Sangdong’s skarn horizons, the AKM Molybdenum Project adds meaningful diversification. The project has a maiden inferred resource of 21.5 Mt @ 0.26% MoS₂ and is fully permitted within the existing Sangdong mining lease. A $19/lb floor-price offtake agreement with SeAH M&S de-risks the development and ensures predictable cash flows. Production is targeted for late 2026/early 2027, with an anticipated 60-year mine life based on historical government data.
    • Strong and Visible Cash Flow Backed by Long-Term Contracts: Almonty has secured a 15-year offtake agreement with a floor price of US$235 per MTU, equating to approximately US$580 million in guaranteed revenue over the contract life. This agreement, with no price cap, provides exceptional cash flow visibility and allows Almonty to benefit fully from market upside. The contract emphasizes the credibility of Sangdong as a reliable source of high-grade tungsten and reflects deep buyer confidence in Almonty’s long-term delivery capabilities and quality of asset.
    • Resilient Tungsten and Molybdenum Outlook Driven by Structural Supply Shortages and Rising Strategic Demand: Tungsten and molybdenum markets are experiencing sustained upward pricing pressure due to structural supply constraints, geopolitical export restrictions, and robust industrial demand. Tungsten prices have rebounded strongly, with APT reaching near-decade highs. Similarly, molybdenum prices surged to historical peaks ($40/lb in early 2023) due to critically low global inventories and supply disruptions. Given limited substitution possibilities, rising applications in defense, aerospace, infrastructure, and clean energy technologies, we believe these market dynamics could support elevated tungsten and molybdenum prices, benefiting producers like Almonty.
    • Critical Material Status, Export Bans, and NATO Mandates Drive Demand Shift: Tungsten has been designated a critical raw material by the U.S., EU, Australia, Canada, and South Korea due to its high economic importance and supply risk. The U.S. Department of Defense will ban Chinese, Russian, North Korean, and Iranian tungsten for military procurement starting in 2027, while the EU has extended anti-dumping tariffs on Chinese tungsten carbide. Almonty’s Portuguese material is already commanding premiums of over 15% as Western buyers prioritize ESG-aligned sources. China’s own export controls on tungsten and molybdenum, effective February 2025, further restrict global access. In our view, these developments create a powerful structural tailwind for Western-aligned producers like Almonty.
    • Proven Operational Track Record and Industry Trust Anchor the Business Model: Almonty has a 128-year history in tungsten mining and previously sold operations for 21x earnings during the 2007 supply squeeze. Its Panasqueira Mine in Portugal has been producing for over a century, while the Los Santos Mine is scheduled to restart in 2026. Management has consistently met all development milestones, raised AUD 18.45 million in 2024, and continues to co-invest alongside shareholders. We view this track record as a major differentiator, supporting the company’s ability to win contracts, secure financing, and execute on scale.
    • Valuation: Almonty Inc. presents a unique investment opportunity, offering exposure to a portfolio of high-grade tungsten and molybdenum assets with clear near-term production visibility. Key upcoming milestones, including the commencement of production at the Sangdong tungsten and molybdenum projects, downstream processing initiatives, and the Panasqueira expansion opportunity, are expected to potentially drive meaningful growth in revenues and profitability. Furthermore, the company operates in a low-risk, transparent jurisdiction and has secured long-term offtake agreements with global partners, providing additional stability and cash flow visibility. We have applied a Net Present Value (NPV) valuation using a Discounted Cash Flow (DCF) approach, incorporating expected production volumes, life-of-mine estimates, throughput capacities, ore grades, recovery rates, and commodity price forecasts. Using an 8% discount rate, we arrive at a valuation of C$4.00 per share, contingent on successful execution by the company.

    About Almonty Industries, Inc.  

    Almonty Industries Inc. is a global leader in tungsten mining, with strategically positioned assets in geopolitically stable regions including South Korea, Portugal, and Spain. The company is set to become the largest tungsten producer outside China upon the commissioning of its flagship Sangdong Mine. 

    About Diamond Equity Research

    Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.

    For more information, visit https://www.diamondequityresearch.com.

    Disclosures:

    Diamond Equity Research LLC is being compensated by Almonty Industries, Inc. for producing research materials regarding Almonty Industries, Inc. and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for research engagement. As of 04/07/25 the issuer had paid us $50,000 for our company sponsored research services, which commenced 03/07/2025 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has not paid us for non-research related services as of 04/07/2025. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities, including the complete loss of their investment. This report does not explicitly or implicitly affirm that the information contained within this document is accurate and/or comprehensive, and as such should not be relied on in such a capacity. All information contained within this report is subject to change without any formal or other notice provided. Investors can find various risk factors in the initiation report and in the respective financial filings for Almonty Industries, Inc. Please review initiation report attached for full disclosure page.  

    Contact:
    Diamond Equity Research
    research@diamondequityresearch.com

    Attachment

    The MIL Network –

  • MIL-OSI United Kingdom: Value for money in pre-arranged financing for disasters

    Source: United Kingdom – Executive Government & Departments

    News story

    Value for money in pre-arranged financing for disasters

    A GAD actuary has co-authored a guidance note to help countries and organisations assess value for money when using pre-arranged financing for disasters.

    Credit: Shutterstock

    Countries and organisations seek to set up financing ahead of disasters. This involves understanding which solution or product presents the best value for money (VfM).

    The report Assessing value for money in pre-arranged financing for disasters: a practical framework has been published by the Centre for Disaster Protection and co-written by a GAD actuary.

    Preparing for disasters

    This guidance note has been developed to help countries and organisations considering or using pre-arranged financing instruments through the process of assessing if a particular instrument or combination of instruments offers the best value for money.

    Pre-arranged financing (PAF) is set up before a disaster and involves committing funding and preparing response plans before disasters occur. As financing is in place before a disaster, it ensures funding is available to reach affected people once an event occurs.  

    Assessing value for money

    The report is drawn from the work of the Centre for Disaster Protection over the past 5 years, and is aimed at organisations or countries which are looking to:

    • set up new PAF instruments
    • improve the design of existing PAF instruments
    • understand the optimal combination of financial instruments needed to manage the risks they face

    The report provides an overview of VfM analysis. It shows how it is a useful tool to inform decision making and demonstrate the potential effectiveness of new financial approaches compared to existing methods of financing disaster response. The report also presents a flexible 7-step framework for approaching VfM analysis in this context, supplemented by case studies and examples.

    Credit: iStock Photo

    Who’s it for?

    The research sets out which organisations may benefit from undertaking VfM assessments in relation to PAF. They include:

    • national governments
    • donor agencies
    • humanitarian agencies and NGOs
    • risk finance providers
    • multilateral development banks / multi-donor funds

    Process and content

    GAD’s Head of Climate and Disaster Risk Georgi Bedenham co-authored the report. She said: “We developed a 7-step framework to encourage governments and organisations to consider a range of aspects of VfM. It is intended as a guide to support anyone designing, commissioning and conducting VfM assessments.

    “We have also provided a useful set of guiding questions at each stage to help the reader work their way through the process.”

    Updates to this page

    Published 7 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Declaration of intent between the UK, Bulgaria and Romania on organised immigration crime

    Source: United Kingdom – Executive Government & Departments

    Correspondence

    Declaration of intent between the UK, Bulgaria and Romania on organised immigration crime

    The UK, Bulgaria and Romania have signed a declaration of intent to work together to deal with organised immigration crime.

    Documents

    Declaration of intent

    HTML

    Details

    Declaration of intent between the UK, Bulgaria and Romania on tackling organised immigration crime.

    Updates to this page

    Published 7 April 2025

    Sign up for emails or print this page

    MIL OSI United Kingdom –

  • MIL-OSI Australia: More EV chargers on the way

    Source: Northern Territory Police and Fire Services

    Recently installed chargers are making electric vehicle charging more accessible.

    A new round of ACT Government grants will fund the delivery of 39 more electric vehicle chargers (EV) across the city by 2025.

    Installing more public chargers will support the ACT’s efforts to electrify Canberra’s transport system. It will help reach the ACT Government’s goal of 180 public EV chargers by 2025.

    Providing more DC fast chargers will plug gaps in Canberra’s existing charger network. Having a good mix of DC fast chargers and slower AC chargers means that people can charge in a way that suits their needs. This includes charging quickly when needed or using an AC charger for longer visits like work, school, or sport.

    The 39 chargers will be installed in places where Canberrans and visitors need them most, including:

    • near tourist hot spots
    • shopping centres
    • high-density residential areas.

    New chargers for ANU and Marketplace Gungahlin

    Three new DC fast chargers have been installed at ANU and Marketplace Gungahlin respectively to help make charging more accessible.

    Each set of three chargers are 150kW and can charge six vehicles at once. They are close to nearby apartments and employment hubs.

    People who live in apartments and townhouses have extra barriers to installing home chargers. This is why the ACT Government is prioritising putting public chargers in areas of high-density housing.

    The government will also work with grant recipients to deliver charging bays in priority locations that will be accessible to EV drivers with mobility issues.

    “It’s important to place EV charging infrastructure in convenient locations where people want to go, be it a university, shopping centre, tourism destination or somewhere they visit as part of their daily routine,” Greg Schumann, ENGIE ANZ Director of Green Mobility said.

    A growing network of chargers

    The successful providers for the first projects to be supported by this new funding are ActewAGL, BP, ENGIE and EVIE.

    “We’re committed to keeping Australian EV drivers charged up, by rolling out a national network of bp pulse charge points,” Frédéric Baudry, President bp Australia and Senior Vice President Mobility, Convenience, & Midstream, Asia Pacific said.

    “We know that the ACT is home to more EV drivers than anywhere else in Australia, and with the support of the ACT Government, we’ll be bringing the best of our charging and convenience offers to these drivers on the go when they visit bp.”

    There are currently 156 public EV charging stations operating across the ACT. 39 public EV chargers with 65 charging bays* have been delivered through previous government funding. A further 21 chargers are still to be delivered under the previous grant round by the end of 2024.

    Find more information on the Public EV Charging Infrastructure Fund visit the Everyday Climate Choices website.

    A map of public charging stations in the ACT, and across Australia, is available at www.plugshare.com.

    * This figure is an indication of the number of future chargers as of May 2024. The number and location of future chargers supported by government funding is subject to change.

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    MIL OSI News –

  • MIL-OSI Europe: AFRICA/CAMEROON – Release of an 83-year-old missionary and his assistant after 48 hours

    Source: Agenzia Fides – MIL OSI

    Missionari di Mill Hill (MHM)

    Yaoundé (Agenzia Fides) – The kidnapping and subsequent release, within 48 hours, of an 83-year-old British missionary and his Cameroonian assistant have brought the forgotten conflict in the English-speaking regions of Cameroon back into the international media spotlight.Brother Huub Welters, a Missionary of the Mill Hill Missionary Society of St. Joseph (MHM), and his assistant, Henry Kang, were kidnapped on April 1 on the road from Bamenda to Ilung. As the Mill Hill Missionaries report on their website, “On Tuesday morning, April 1st, Brother Huub Welters MHM and his assistant, Mr Henry Kang, set out from Bamenda to Ilung, where they are building classrooms for underprivileged children; children who deserve a chance at a better future. But just 20 km away, in a town called Bambui, their journey was brutally interrupted. They were abducted by unknown armed men.”The two men’s nightmare lasted only 48 hours, as on April 3, they were released safely and able to return to Mill Hill House in Bamenda.”Brother Huub Welters, at his age, should be at home, resting, surrounded by the warmth of cherished memories from his decades of selfless service.” write the Mill Hill Missionaries. “Instead, he chose to stay; because his heart simply wouldn’t allow him to walk away from those in need. And now, his kindness, his sacrifice, his love have been met with violence and suffering.”Bamenda is the capital of Cameroon’s Northwest Province, which, along with the Southwest Province, make up the so-called Anglophone region of Cameroon. Bamenda is the scene of frequent kidnappings and murders linked to separatist violence, which erupted in 2016. Separatists often target civil servants and local officials, accusing them of collaborating with the Francophone central government.The unrest began in 2016 after President Paul Biya, who has ruled Cameroon for more than four decades, responded with force to peaceful protests in the Anglophone regions where the population feels marginalized by the central government.Since the conflict began, at least 6,000 civilians have been killed by government forces and separatist fighters. The separatist groups, known as the “Amba Boys,” intend to form their own state, Ambazonia, whose birth was symbolically declared on October 1, 2017.Members of the Church have also been affected by the violence. We recall, for example, the injury of Father Elvis Mbangsi, also a Mill Hill Missionary, during the attack on St. Martin of Tour’s Church in Kembong, in the diocese of Mamfe, in southwestern Cameroon (see Fides, 28/9/2023) or the kidnapping of the late Cardinal Christian Tumi, Archbishop Emeritus of Douala in 2020 (see Fides, 6/11/2020). (L.M.) (Agenzia Fides, 7/4/2025)
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    MIL OSI Europe News –