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Category: Politics

  • MIL-OSI Economics: Moody’s fully acquires ICR Chile, solidifying its leading position in key Latin American markets

    Source: Moody’s

    Headline: Moody’s fully acquires ICR Chile, solidifying its leading position in key Latin American markets

    Moody’s fully acquires ICR Chile, solidifying its leading position in key Latin American markets

    NEW YORK–(BUSINESS WIRE)– Moody’s Corporation (NYSE:MCO) announced today that it has fully acquired ICR Chile (ICR), a leading provider of domestic credit ratings in Chile. The transaction follows Moody’s 2019 acquisition of a minority stake in ICR and will further strengthen its presence in Latin America’s domestic credit markets.

    Following the transaction, ICR will continue issuing domestic ratings in Chile under its own rating process and methodologies. In the following months, ICR will be fully integrated into Moody’s Local, a group of leading credit rating agencies in Latin America.

    “Today’s acquisition builds on our successful partnership with ICR and underscores our commitment to Chile’s growing debt capital market,” said Martin Fernandez-Romero, Managing Director of Moody’s Local. “Bringing ICR into Moody’s Local will enhance our ability to provide high quality credit ratings, research, and analytical services to market participants, while contributing to greater transparency in Latin America.”

    Founded in 2005, ICR is renowned for its high-quality analyses and the expertise of its analytical teams. It provides ratings across a diverse range of sectors, including corporates, financial institutions, insurers, structured finance vehicles, funds, and project finance. Since Moody’s initial investment, ICR has gained market growth, driven by its in-depth credit analyses and the expansion of its coverage within Chile’s domestic ratings market.

    The terms of the transaction were not disclosed, and it will not have a material impact on Moody’s 2025 financial results.

    About Moody’s Local
     Moody’s Local is a group of domestic rating agencies covering 13 Latin America’s domestic financial markets. Moody’s Local provides domestic credit ratings, research and risk analyses to market professionals with methodologies and seasoned analysts that capture the unique risks and dynamics of each market. Learn more at moodyslocal.com.

    About Moody’s Corporation
     In a world shaped by increasingly interconnected risks, Moody’s (NYSE: MCO) data, insights, and innovative technologies help customers develop a holistic view of their world and unlock opportunities. With a rich history of experience in global markets and a diverse workforce of approximately 16,000 across more than 40 countries, Moody’s gives customers the comprehensive perspective needed to act with confidence and thrive. Learn more at moodys.com.

    “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995

    Certain statements included in this release are forward-looking statements and are based on future expectations, plans and prospects for Moody’s business and operations that involve a number of risks and uncertainties. Such statements involve estimates, projections, goals, forecasts, assumptions and uncertainties that could cause actual results or outcomes to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements. The forward-looking statements and other information in this document are made as of the date hereof, and Moody’s undertakes no obligation (nor does it intend) to publicly supplement, update or revise such statements on a going-forward basis, whether as a result of subsequent developments, changed expectations or otherwise, except as required by applicable law or regulation. In connection with the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, Moody’s is identifying certain factors that could cause actual results to differ, perhaps materially, from those indicated by these forward-looking statements. Those factors, risks and uncertainties include, but are not limited to: the uncertain effects of U.S. and foreign government actions affecting international trade and economic policy, including changes and volatility in tariffs and trade policies and retaliatory actions, on credit markets, customers and customer retention, and demand for our products and services; the impact of general economic conditions (including significant government debt and deficit levels, and inflation or recessions and related monetary policy actions by governments in response thereto) on worldwide credit markets and on economic activity, including on the level of merger and acquisition activity, and their effects on the volume of debt and other securities issued in domestic and/or global capital markets; the uncertain effects of U.S. and foreign government initiatives and monetary policy to respond to the current economic climate, including instability of financial institutions, credit quality concerns, and other potential impacts of volatility in financial and credit markets; the impact of geopolitical events and actions, such as the Russia-Ukraine military conflict and military conflict in the Middle East, and of tensions and disputes in political and global relations, on volatility in world financial markets, on general economic conditions and GDP in the U.S. and worldwide and on Moody’s own operations and personnel; other matters that could affect the volume of debt and other securities issued in domestic and/or global capital markets, including regulation, increased utilization of technologies that have the potential to intensify competition and accelerate disruption and disintermediation in the financial services industry, as well as the number of issuances of securities without ratings or securities which are rated or evaluated by non-traditional parties; the level of merger and acquisition activity in the U.S. and abroad; the impact of MIS’s withdrawal of its credit ratings on countries or entities within countries and of Moody’s no longer conducting commercial operations in countries where political instability warrants such actions; concerns in the marketplace affecting our credibility or otherwise affecting market perceptions of the integrity or utility of independent credit agency ratings; the introduction or development of competing and/or emerging technologies and products; pricing pressure from competitors and/or customers; the level of success of new product development and global expansion; the impact of regulation as an NRSRO, the potential for new U.S., state and local legislation and regulations; the potential for increased competition and regulation in the jurisdictions in which we operate, including the EU; exposure to litigation related to our rating opinions, as well as any other litigation, government and regulatory proceedings, investigations and inquiries to which Moody’s may be subject from time to time; provisions in U.S. legislation modifying the pleading standards and EU regulations modifying the liability standards applicable to CRAs in a manner adverse to CRAs; provisions of EU regulations imposing additional procedural and substantive requirements on the pricing of services and the expansion of supervisory remit to include non-EU ratings used for regulatory purposes; uncertainty regarding the future relationship between the U.S. and China; the possible loss of key employees and the impact of the global labor environment; failures or malfunctions of our operations and infrastructure; any vulnerabilities to cyber threats or other cybersecurity concerns; the timing and effectiveness of our restructuring programs; currency and foreign exchange volatility; the outcome of any review by tax authorities of Moody’s global tax planning initiatives; exposure to potential criminal sanctions or civil remedies if Moody’s fails to comply with foreign and U.S. laws and regulations that are applicable in the jurisdictions in which Moody’s operates, including data protection and privacy laws, sanctions laws, anti-corruption laws, and local laws prohibiting corrupt payments to government officials; the impact of mergers, acquisitions, or other business combinations and the ability of Moody’s to successfully integrate acquired businesses; the level of future cash flows; the levels of capital investments; and a decline in the demand for credit risk management tools by financial institutions, corporate or government entities. These factors, risks and uncertainties as well as other risks and uncertainties that could cause Moody’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements are described in greater detail under “Risk Factors” in Part I, Item 1A of Moody’s annual report on Form 10-K for the year ended December 31, 2024, and in other filings made by the Company from time to time with the SEC or in materials incorporated herein or therein. Stockholders and investors are cautioned that the occurrence of any of these factors, risks and uncertainties may cause the Company’s actual results to differ materially from those contemplated, expressed, projected, anticipated or implied in the forward-looking statements, which could have a material and adverse effect on the Company’s business, results of operations and financial condition. New factors may emerge from time to time, and it is not possible for the Company to predict new factors, nor can the Company assess the potential effect of any new factors on it. Forward-looking and other statements in this document may also address our corporate responsibility progress, plans, and goals (including sustainability and environmental matters), and the inclusion of such statements is not an indication that these contents are necessarily material to investors or required to be disclosed in the Company’s filings with the Securities and Exchange Commission. In addition, historical, current, and forward-looking sustainability-related statements may be based on standards for measuring progress that are still developing, internal controls and processes that continue to evolve, and assumptions that are subject to change in the future.

    Source: Moody’s Corporation Investor Relations

    MIL OSI Economics –

  • MIL-OSI Economics: REPORT: Energy Storage Market Continues Strong Growth in Q1 2025

    Source: American Clean Power Association (ACP)

    Headline: REPORT: Energy Storage Market Continues Strong Growth in Q1 2025

    HOUSTON/WASHINGTON, D.C. June 25, 2025 — According to the new U.S. Energy Storage Monitor developed by Wood Mackenzie and the American Clean Power Association (ACP), the American energy storage market experienced record growth in Q1 2025—amidst current policy uncertainty.
    The U.S. energy storage market added more than 2 GW across all segments in Q1 2025, marking the highest Q1 on record. The utility-scale segment led the way with more than 1.5 GW of new capacity, representing a significant 57% increase compared to Q1 2024.
    “Surging energy demand is putting the electric grid under strain. The energy storage market is responding to help keep the lights on and support this unprecedented growth in an affordable and reliable way,” said John Hensley, ACP SVP of Markets and Policy Analysis. “Policy uncertainty is now one of the most significant risks that remains on the horizon as we tackle a balanced approach to allowing our economy to expand while maintaining the energy reliability that Americans deserve.”
    New horizons in the market
    The report shows there is a growing appetite across the country for deployment of grid-scale energy storage, as utilities, regulators, and communities further integrate the technology into their resource planning. In Q1 of 2025, states such as Indiana highlighted the geographic diversification that continues to take place as the market expands beyond early adopters such as Texas and California.
    The growing market in Indiana is made possible due to factors such as land availability and clear state permitting guidelines.

    Indiana added 256 MW of new storage to the grid in Q1 2025, effectively quadrupling its operational storage capacity.
    Indiana has more than 10 GW of new storage active in the interconnection queue—the fifth largest storage queue in the country.

    “We’re now seeing significant deployment of energy storage resources in emerging markets like Indiana, while states across the Southwest like Nevada and Arizona continue to expand their energy storage portfolio,” said ACP Vice President of Energy Storage, Noah Roberts. “Energy storage was the second most deployed resource in Q1 2025, demonstrating its unique ability to be quickly built to address critical reliability needs.”
    The residential storage market also saw significant year-over-year (YoY) growth, installing a record-breaking 458 MW in Q1. California and Puerto Rico accounted for 74% of this growth, while new markets like Illinois are beginning to emerge.
    A moment of policy uncertaintyThe total 5-year utility-scale capacity forecast remains strong. However, the segment is at risk for a potential 29% contraction in 2026 due to policy uncertainty.
    The community-scale, commercial, and industrial (CCI) segment has seen a 42% reduction in its five-year outlook, struggling with tariff uncertainty and slower-than-anticipated transition to NEM 3.0 projects in California.
    The report cautions that potential changes to current tax credits could significantly impact the industry’s overall growth. If access to the Investment Tax Credit (ITC) is severely reduced as proposed in the reconciliation bill passed by the House, it could lead to a 27% reduction in buildout over the forecast period. (Note: this report was developed before the U.S. Senate Finance Committee released its version of the reconciliation bill on June 16.)
    Distributed storage would be the most impacted segment, with a potential 46% drop from the base case over the next 5 years. Utility-scale installations would decrease by 16 GW over the next 5 years if the tax provisions are changed.
    In the near term, the report projects that 15 GW/49 GWh of energy storage capacity will be installed across all segments in 2025. The utility-scale segment is expected to grow 22% YoY in 2025.
    As the market evolves, continued innovation, supportive policies, and strategic planning will be crucial to navigate the changing landscape and capitalize on the immense potential of energy storage in the U.S. energy transformation.
    “The Q1 2025 results demonstrate the demand for energy storage in the US to serve a grid with both growing renewables and growing load. However, the industry stands at a crossroads, with potential policy changes threatening to disrupt this momentum,” said Allison Weis, Global Head of Energy Storage at Wood Mackenzie. “It’s crucial that policymakers understand the importance of stable, supportive policies for the continued expansion of energy storage.”
    Purchase the full report at ACP’s website.
    ###
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    About Wood Mackenzie
    Wood Mackenzie is the global insight business for renewables, energy and natural resources. Driven by data. Powered by people. In the middle of an energy revolution, businesses and governments need reliable and actionable insight to lead the transition to a sustainable future. That’s why we cover the entire supply chain with unparalleled breadth and depth, backed by over 50 years’ experience in natural resources. Today, our team of over 2,000 experts operate across 30 global locations, inspiring customers’ decisions through real-time analytics, consultancy, events and thought leadership. Together, we deliver the insight they need to separate risk from opportunity and make bold decisions when it matters most. For more information, visit woodmac.com.

    MIL OSI Economics –

  • MIL-OSI Africa: Norway calls for G20 Sherpa meeting to address ongoing global conflict

    Source: South Africa News Agency

    Norway calls for G20 Sherpa meeting to address ongoing global conflict

    Henrik Harboe of Norway has highlighted the crucial role of the third Sherpa meeting in addressing international crises, including the ongoing conflicts in Ukraine and Gaza, as well as the broader tensions in the Middle East. 

    “We are halfway through this year, only five months away from the summit in November, so we have a lot of work to formulate, what are the G20 recommendations to deal with all these international crises and the big issues around development and economic stability in the world,” he told SAnews. 

    The third Sherpa meeting of the G20 kicked off on Wednesday morning at the Sun City Resort in the North West. 

    “We’ll have a round [of discussions] about the G20’s role in the world in general. That’s very important. But then go straight into the geopolitical tensions. And then, of course, this being a group with a lot of different countries and different perspectives. 

    “But I think we’ll touch upon Russia’s war of aggression against Ukraine, the horrible crisis in Gaza as a result of Israel’s response to the terrorist attack. And then, of course, the recent developments in the broader Middle East, with both Israel and the US bombing of Iran,” he explained.

    The Director of Development Policy at the Norwegian Ministry of Foreign Affairs has expressed deep concern about recent developments. 

    He noted that these events involve multiple violations of international law and the United Nations (UN) Charter.

    “I mean, G20 is actually not about geopolitics, but we cannot avoid discussing geopolitical issues.”

    In his opening remarks, Zane Dangor, the Director-General of the Department of International Relations and Cooperation and South Africa’s G20 Sherpa, announced that the Foreign Ministers will have in-depth discussions on global geopolitical issues. 

    These discussions will focus on international law and mutual accountability, while emphasising the importance of prioritising substantive matters.

    In December last year, South Africa welcomed Norway as a G20 guest country during its Presidency. 

    In an interview with SAnews, Harboe, a Norwegian Sherpa, said South Africa was poised to make history as the first African nation to host the G20 Leaders’ Summit. 

    According to Harboe, the G20 focuses on sustainable development and a stable global economy to ensure growth for all countries.

    As the first Presidency in Africa, Harboe believes they will use their position to highlight critical issues such as energy security, essential minerals, and sustainable development.

    “All these issues are extremely important for Africa. So, we are very happy to see that and strongly support South Africa’s priority on these issues.” 

    The official is of the view that South Africa serves as a microcosm of global challenges, making its perspective crucial. 

    “South Africa has a huge poverty problem, job creation problem, inequality, and these are exactly the issues. 

    “So, I think what we discussed around the G20 table is relevant for the world and developing countries, but also very much for Africa, and South Africa. South Africa’s own experience is extremely relevant for this broader discussion. I always encourage South African colleagues to talk about the challenges here.” 

    He mentioned that he had attended a Just Energy Transition programme. He said while South Africa’s energy situation is challenging, it also serves as a valuable example for the world on how to conduct an energy transition in a fair manner while also creating job opportunities for young people.

    On a lighter note, he told the SAnews that he had a wonderful stay in Sun City since his arrival. 

    “I always love South Africa. It’s fantastic. Since I’m from Norway, the cold weather, I don’t mind, the fresh morning like today was just nice. The only problem this morning was a monkey, taking my bread on the breakfast table,” he said, with a chuckle. – SAnews.gov.za

    Gabisile

    MIL OSI Africa –

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

  • India’s economy resilient amid global uncertainties: RBI

    Source: Government of India

    Source: Government of India (4)

    India’s economy remains resilient despite heightened global uncertainties, with high-frequency indicators for May pointing to sustained growth across industrial and services sectors, the Reserve Bank of India (RBI) said on Wednesday in its monthly bulletin.

    The report noted broad-based growth in agricultural output for 2024-25, with most major crops seeing an uptick in production. Retail inflation remained subdued, staying below the target for the fourth consecutive month in May.

    “Financial conditions remained conducive to efficient transmission of rate cuts,” the bulletin said.

    The RBI observed that the global economy is in flux due to trade policy uncertainties and geopolitical tensions. However, India’s provisional GDP estimates for 2024-25 reaffirm growth at 6.5%, with a significant sequential pickup in the fourth quarter.

    Among countries surveyed for the Purchasing Managers’ Index (PMI), India posted the highest overall activity and was an outlier for new export orders in May amid contractions elsewhere. Capacity utilisation by manufacturing firms stayed above its long-term average.

    High-frequency demand indicators also signalled a pickup in rural demand, driven by strong agricultural output. Consumer confidence remained stable, with optimism about future prospects improving.

     

     

    Retail inflation stayed benign as food prices eased on the back of record crop production. Core inflation also remained stable, with some softening evident after excluding the impact of volatile gold and silver prices.

    Equity markets posted modest gains through May and June despite volatility on global cues, the report added. Markets rebounded on June 20 after a sharp dip driven by geopolitical tensions in the Middle East.

    Although credit growth moderated in April — notably in agriculture and services — non-bank sources of credit, including external commercial borrowings, remained robust. Financial conditions were supportive of rate cut transmission to the credit market, the report said.

    The RBI also noted that the external sector was resilient, with adequate foreign exchange reserves to cover imports and debt.

    IANS

  • MIL-OSI United Kingdom: SNP happy to give public money to Israel’s weapons manufacturers

    Source: Scottish Greens

    25 Jun 2025 External Affairs

    More in External Affairs

    Scottish Enterprise are set to continue funding arms companies linked to Israel and Saudi Arabia such as Leonardo, Raytheon and BAE Systems. The move has been condemned by the Scottish Greens as “shameful”.

    Companies receiving funds through Scottish Enterprise are meant to be subject to a human rights due diligence check, but no company has ever failed these checks.

    A new report in The Ferret has highlighted that despite a genocide taking place in Gaza, only four human rights checks were carried out on arms companies between January 2022 and April 2025, all of which have passed.

    The Scottish Greens used a parliamentary debate in February to force the Scottish Government into undertaking a review of these human rights checks to ensure that Scotland is meeting its international obligations.

    The review has concluded that despite funding the manufacturer of parts for F-35s and other military technology, Scottish Enterprise have never funded munitions – completely missing the point of the review.

    Since the review began in February over 10,000 people have been murdered in Palestine.

    Reacting to the review, Scottish Greens Co-Leader Lorna Slater MSP said:

    “I am honestly shocked at this outcome, the SNP have been right to call out Westminster’s disgraceful complicity in Israel’s war crimes but when it came to taking action here in Scotland the SNP have shamefully chosen the future of war profiteers over the lives of innocent Palestinians.

    “Not a single penny of public money should be spent on funding arms companies that are profiting from war crimes and genocide in Gaza and the West Bank.

    “This decision shows that the SNP not only know about their funding of Israel’s arms dealers, but they are happy to green light future deals!

    “The SNP have been happy to talk the talk when it comes to rightly condemning Labour’s bloody hands in this conflict, but when it really counted they’ve done nothing but try to sweep their continued funding of these arms dealers under the rug.

    “We cannot sit back and continue to allow Scottish tax payers money to be spent on funding war profiteers. Scottish Greens will continue our fight to end Scotland’s complicity in Israel’s genocide.”

    MIL OSI United Kingdom –

  • MIL-OSI Russia: China launches 300 billion yuan medium-term lending facility

    Translation. Region: Russian Federal

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

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

    BEIJING, June 25 (Xinhua) — The People’s Bank of China (PBOC, the central bank) on Wednesday launched a 300 billion yuan (about 41.86 billion U.S. dollars) medium-term lending facility (MLF) to maintain sufficient liquidity in the banking system.

    According to the regulator, the one-year transaction was carried out on a fixed-quantity basis and interest-rate trading.

    With 182 billion yuan of MLF maturing this month, net inflows through the facility in June were only 118 billion yuan.

    Earlier this month, the PBOC also conducted two direct reverse repos, which brought in a total of 200 billion yuan of net liquidity, bringing the total medium-term net liquidity injections for June to 318 billion yuan.

    Analysts note that as government bond issuance accelerates, sustained liquidity support plays a key role in reducing funding volatility and strengthening market expectations. -0-

    MIL OSI Russia News –

  • MIL-OSI Canada: Canada joins new NATO Defence Investment Pledge

    Source: Government of Canada – Prime Minister

    The world is increasingly dangerous and divided, with the rules-based international system under unprecedented pressure and global conflict becoming more frequent and volatile. To meet this moment, Canada and its Allies are building their defence capabilities to strengthen our collective security.

    Today, the Prime Minister, Mark Carney, announced that Canada and its North Atlantic Treaty Organization (NATO) Allies have agreed to a new Defence Investment Pledge of investing 5 per cent of annual GDP by 2035 to ensure our individual and collective security. The commitment aligns with Canada’s own strategic defence and security goals.

    As part of this 5 per cent pledge, Canada will invest 3.5 per cent of GDP for core military capabilities, expanding on our recent investments. That means further investments in our Canadian Armed Forces, modernizing our military equipment and technology, building up Canada’s defence industries, and diversifying our defence partnerships. An additional 1.5 per cent of GDP will be dedicated to investments in critical defence and security-related expenditure, such as new airports, ports, telecommunication, emergency preparedness systems, and other dual-use investments which serve defence as well as civilian readiness. Importantly, the progress of this pledge will be reviewed in 2029 to ensure Allies’ expenditures align with the global security landscape.

    At the Summit, Canada and its Allies reaffirmed their support for Ukraine and the leaders agreed on the imperative for a just and lasting peace. Canada’s contributions to Ukraine’s defence and its defence industries, including Canada’s $2 billion in military assistance announced last week at the 2025 G7 Leaders’ Summit in Kananaskis, Alberta, are included in our NATO contributions, as the security of Ukraine is critical to our collective security.

    Quotes

    “The world is increasingly dangerous and divided. Canada must strengthen our defence to better protect our sovereignty, our interests, and our Allies. These investments won’t just build our military capacity – they will build our industries and create good, high-paying jobs at home. If we want a more secure world, we need a stronger Canada.”

    “Canada is a proud founding member of the Alliance. In an increasingly unstable and unpredictable world, we are making the critical investments needed to keep Canadians safe, support our Armed Forces, and strengthen our role in Europe and on the world stage. The renewed Defence Investment Pledge to invest 5 per cent of GDP by 2035 reaffirms Canada’s strong commitment to our security, to our sovereignty, and to NATO.”

    Related Product

    Associated Link

    MIL OSI Canada News –

  • MIL-OSI: Beeline Title Among the First to Close Crypto Real Estate Transaction

    Source: GlobeNewswire (MIL-OSI)

    PROVIDENCE, R.I., June 25, 2025 (GLOBE NEWSWIRE) — via IBN – Beeline Holdings, Inc., (NASDAQ: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, is pleased to announce that its subsidiary, Beeline Title holdings, Inc. (“Beeline Title”), has successfully closed what it believes to be among the first to close a residential real estate transaction funded through the sale of a cryptocurrency token backed by real property. The transaction marks a major milestone in the evolution of blockchain-driven real estate finance, bridging decentralized finance with traditional title and escrow services.

    “Several mortgage lenders are already developing funding models that involve the conversion of cryptocurrencies to U.S. dollars at closing,” said Nick Liuzza, CEO of Beeline Holdings. “But for these models to function at scale, you need a title company that not only understands blockchain transactions—but has the infrastructure to disburse and reconcile them in compliance with federal and state regulations.”

    Beeline’s TItle’s cryptocurrency-enabled transaction is the beginning of a broader rollout. Beeline Loans, Inc., another subsidiary, is set to launch a Fractional Sale of equity product leveagering the crypto ecosystem in early August 2025, with Beeline Title providing the title and closing services for each transaction—unless borrowers elect to use an outside title company.

    Importantly, Beeline Title will open this platform to all mortgage lenders, giving them access to a proven solution for cryptocurrency token transaction reconciliation, compliance and disbursement.

    Liuzza continued: “Our team built Linear Title, one of the largest privately held title agencies in the U.S., prior to merging with Real Matters and going public on the TSX. Through 2019, we closed over one million title transactions across all 50 states, and this new platform is an extension of that expertise—tailored to the next generation of mortgage transactions.”

    As cryptocurrency adoption accelerates and becomes regulated by federal and state governments, Beeline is positioning itself as a leader in this fastmoving ecosystem, offering trusted infrastructure to help lenders scale into a future where crypto and compliance go hand-in-hand.

    About Beeline Financial Holdings, Inc.

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospective new home equity access product, the potential market for, timing, features, and demand for such product, and the benefits thereof. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, the ultimate interest of homeowners in unlocking liquidity and Beeline’s ability to attract homeowners, its reliance on a related party to raise capital to fund the real estate transactions and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Investor Contact:
    investors@makeabeeline.com

    Media Contact:
    press@makeabeeline.com

    Wire Service Contact:
    IBN
    Austin, Texas
    www.InvestorBrandNetwork.com
    512.354.7000 Office
    Editor@InvestorBrandNetwork.com

    The MIL Network –

  • MIL-OSI: List of Sweepstakes Casinos USA: Time2Play Highlights Key Updates for 2025

    Source: GlobeNewswire (MIL-OSI)

    New York City, June 25, 2025 (GLOBE NEWSWIRE) — For all casino enthusiasts, Time2Play has released a detailed analysis of the sweepstakes casino landscape in 2025, revealing important updates and insights that can significantly impact how players engage with sweepstakes casinos this year. These developments will be accessible to players through Time2Play’s website, where the full report can be found. This release focuses on providing an overview of the changes in the industry, but for those who are looking for more in-depth findings, all the details are available directly on the Time2Play platform.

    As the world of sweepstakes casinos evolves, it’s crucial for players to stay informed on the latest trends and updates. While we can’t go into the specifics here, Time2Play’s report offers a comprehensive analysis, including emerging technologies, new game formats, and legal changes that will influence how sweepstakes casinos operate in 2025. This update is essential reading for anyone interested in the sweepstakes casino scene and looking to stay ahead of the curve in a rapidly growing market.

    Why Time2Play is the Go-To Resource for Sweepstakes Casino Updates

    As sweepstakes casinos gain popularity across the United States, Time2Play has solidified its position as a leader in offering reliable, up-to-date information on the topic. Their comprehensive analysis of the sweepstakes casino market for 2025 explores crucial topics such as the technological advancements and features that will define the landscape for players and operators alike.

    Rather than listing all of the findings here, we encourage you to visit the Time2Play website where you can access the full breakdown of their research. This includes insights into game selection, payment systems, legal shifts, and the latest trends that are shaping the future of online gaming in the sweepstakes space.

    Key Insights and Trends in Sweepstakes Casinos for 2025

    Technological Advancements in Sweepstakes Casinos

    The sweepstakes casino market has always been known for its ability to innovate and keep pace with technological changes. In 2025, players can expect further integration of advanced technology into their gaming experience. These updates will include enhanced mobile functionality, improved payment processing systems, and the use of live dealer options that bring real-time interactions to online platforms.

    Time2Play’s 2025 analysis goes into detail about these technological advancements, showing how new features will improve the overall player experience. From mobile gaming optimization to cutting-edge security measures, these updates will make it easier for players to access their favorite games from anywhere while ensuring a safe and smooth gaming environment.

    Moreover, technological advancements in sweepstakes casinos are likely to have a direct impact on the speed and efficiency of gameplay, making the experience even more engaging. Live streaming, faster load times, and smoother transitions between game rounds are all expected to be part of the new developments. By visiting Time2Play, players can dive deeper into these updates and learn how they will affect the sweepstakes casino experience in the coming year.

    Emerging Game Variants and Betting Options

    Players who are familiar with the classic sweepstakes casino games will be pleased to know that 2025 is bringing new variations to some of the most popular games. Time2Play’s report touches on how operators are diversifying their game offerings, introducing new betting structures and unique game formats that cater to different types of players.

    While the classic slots, roulette, and poker games will still dominate the sweepstakes scene, newer game types are emerging that offer more interaction and strategic elements. These include multi-level jackpot games, progressive betting options, and a broader selection of side bets that increase the excitement and winning potential.

    For players looking to explore these new variants, Time2Play provides all the necessary details. They highlight the different types of games that will be available in 2025 and how they can enhance the player experience, making it easier for people to find a game that suits their style and strategy. By exploring these updates on Time2Play, readers can understand what’s new and how they can get the most out of their sweepstakes gaming experience.

    Legal Developments Impacting Sweepstakes Casinos in 2025

    Another important aspect of Time2Play’s 2025 report involves the legal landscape surrounding sweepstakes casinos in the United States. As gambling regulations continue to evolve, it is critical for players to stay informed about the legal status of sweepstakes casinos in their respective states. The legal landscape has seen changes, with more states recognizing the benefits of regulated online gambling, and Time2Play offers a breakdown of how these developments will affect players.

    Time2Play’s report provides an overview of the shifting laws and regulations, including state-specific policies that may impact players’ ability to participate in sweepstakes casino games. These changes will likely influence how casinos operate, what promotions are available, and how payments are processed. For anyone interested in staying compliant with the latest legal standards, the full report is available on Time2Play’s website, which dives deeper into the legal implications of these shifts.

    Why You Should Visit Time2Play for Detailed Insights

    While we’ve only provided a brief summary of Time2Play’s 2025 report, the full version is available on their website, offering a much more detailed and thorough examination of the sweepstakes casino market. Players who want to stay ahead of the game in 2025 should definitely visit Time2Play to explore the in-depth findings. The full analysis includes critical information about new trends, the impact of new laws, and how technology is reshaping the sweepstakes casino industry.

    How to Access the Full Report on Time2Play

    If you’re interested in accessing the complete analysis and insights for 2025, be sure to visit Time2Play’s website. The full report goes into detail about each of these points, offering players and operators the information they need to make informed decisions in the year ahead. The website is the go-to destination for sweepstakes casino updates, as it compiles all the important data in one place, making it easy for readers to stay up-to-date with everything that’s happening in the world of sweepstakes gaming.

    Conclusion: Stay Updated with Time2Play’s 2025 Report

    As sweepstakes casinos continue to grow in popularity, it’s more important than ever to stay informed about the latest updates and trends. Time2Play’s 2025 report provides valuable insights that will help both players and operators navigate the ever-evolving sweepstakes casino landscape. To dive deeper into these developments, visit Time2Play’s website and read the full analysis for a more comprehensive understanding of what’s in store for sweepstakes casinos in 2025.

    The future of sweepstakes casinos in the USA is bright, and with Time2Play’s expert analysis, players can ensure they’re well-prepared to make the most of the opportunities that lie ahead.

    The MIL Network –

  • MIL-OSI: Data443 Risk Mitigation Acquires TacitRed™ External Attack Surface Management SaaS Platform from Cogility

    Source: GlobeNewswire (MIL-OSI)

    Advanced Cyber Threat Intelligence Platform Strengthens Data443’s Comprehensive Security Portfolio and Accelerates Market Expansion

    RESEARCH TRIANGLE PARK, N.C., June 25, 2025 (GLOBE NEWSWIRE) — Data443 Risk Mitigation, Inc. (OTCPK: ATDS) (“Data443” or the “Company”), a data security and privacy software company for “All Things Data Security,” today announced its thirteenth acquisition – TacitRed™ threat intelligence SaaS product from Cogility, a premier continuous decision intelligence platform provider.

    TacitRed brings a sophisticated approach to threat detection and analysis, leveraging specialized network traffic sampling via NetFlow technology to deliver real-time threat intelligence at unprecedented scale. This acquisition adds advanced threat intelligence capabilities to Data443’s already robust portfolio of data security solutions.

    TacitRed has achieved remarkable success, surpassing one billion threat findings while continuously analyzing massive volumes of global attack signals and threat intelligence sources. TacitRed provides actionable intelligence on active exposures, attacks, and risks affecting over 13 million U.S. companies, delivering unparalleled, on-demand threat findings that enable rapid response and mitigation.

    “This acquisition represents an important addition to our comprehensive data security ecosystem,” commented Jason Remillard, Founder and CEO of Data443. “TacitRed’s high-volume, detailed sampling approach ensure our customers receive the most current and actionable threat intelligence available in the market. Its proven track record, combined with its strong customer pipeline, positions us for significant growth acceleration, and we anticipate this acquisition to be accretive to our financial performance in 2025.”

    Martin Artiano, CEO of Cogility, commented, “The cyber domain experts we hired to build TacitRed made excellent use of the advanced features of Cogynt and the results were impressive. Generating continuous, detailed and curated threat findings for 13M companies was a difficult task for such a small team. We are happy that Data443 recognized the value of the people, the findings and the platform.”

    Thomas Johnson, the leader of TacitRed and his team will join Data443 as part of the transaction. Thomas added, “When a group of us from Coalition cyber insurance saw the power of the Cogynt platform, we decided to join Cogility and build a real-time, population-scale extended attack surface management capability. Our product delivers actionable threat intelligence to both cyber insurance and corporate customers, helping them stay ahead of emerging risks. We’re incredibly excited for this next chapter as TacitRed joins forces with Data443. This acquisition gives us access to an even broader range of threat intelligence, which will accelerate our ability to enhance both platforms. The team is energized by what’s ahead, and we’re looking forward to what we can accomplish together.”

    More than simply providing a data lake capability, Cogynt surfaces data points as they occur within the platform.

    Jason Remillard continued, “The platform architecture and comprehensive data sets we have acquired are truly without match in the marketplace, making this a perfect strategic fit with our existing client base. The integration creates powerful synergies that will benefit both our current customers and TacitRed’s established user community.”

    This acquisition builds upon Data443’s recent strategic initiatives, including the Company’s partnership with leading datacenter solutions provider TierPoint as part of their new data center opening in the Research Triangle area..

    As well Data443 acquired AI-powered email privacy and categorization platform Breezemail.ai for work in conjunction with its Cyren By Data443 platform. These strategic relationships position Data443 to capitalize on the growing demand for comprehensive data security and threat intelligence solutions

    About Cogility

    Cogility provides continuous decision intelligence solutions for real-time risk and opportunity assessment at scale through its advanced Cogynt™ platform. The platform enables continuous risk and opportunity assessment, allowing organizations to make decisions and take action with greater confidence, resulting in a competitive advantage.

    Cogility’s decision intelligence platform integrates event stream processing, real-time behavioral analytics, no-code modeling, and business process integration, enabling organizations to transform massive, diverse data sets into predictive and actionable intelligence. Government and commercial organizations trust the platform for its robust real-time data processing, no-code authoring, and advanced analytics capabilities. For more information, visit: https://cogility.com/

    About TacitRed™

    TacitRed™ provides tactical attack surface intelligence through continuous cyber threat and attack analysis. The platform continuously analyzes massive amounts of global attack signals and threat intelligence sources to pinpoint active exposures, attacks, and risks affecting organizations worldwide.

    The platform has achieved significant scale, surpassing one billion threat findings while providing unparalleled, on-demand intelligence. TacitRed’s core value proposition centers on unlocking fully curated, prioritized, and actionable threat findings within external attack surfaces instantly, requiring only a company domain for comprehensive analysis. For more information, visit: https://tacitred.com/

    About Data443 Risk Mitigation, Inc.

    Data443 Risk Mitigation, Inc. (OTCPK: ATDS) provides software and services to enable secure data across devices and databases, at rest and in flight/in transit, locally, on a network or in the cloud. We are All Things Data Security™. With over 10,000 customers in over 100 countries, Data443 provides a modern approach to data governance and security by identifying and protecting all sensitive data regardless of location, platform or format. Data443’s framework helps customers prioritize risk, identify security gaps and implement effective data protection and privacy management strategies. For more information, visit: https://data443.com.

    Forward-Looking Statements 

    This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by use of terms such as “expect,” “believe,” “anticipate,” “may,” “could,” “will,” “should,” “plan,” “project,” “intend,” “estimate,” “predict,” “potential,” “pursuant,” “target,” “continue” or the negative of these words or other comparable terminology. Statements in this press release that are not historical statements, including statements regarding Data443’s plans, objectives, future opportunities for Data443’s services, future financial performance and operating results, and any other statements regarding Data443’s future expectations, beliefs, plans, objectives, financial conditions, assumptions or future events or performance, or regarding the anticipated consummation of any transaction, are forward-looking statements. These statements are not guarantees of future performance and are subject to numerous risks, uncertainties and assumptions, many of which are difficult to predict or are beyond Data443’s control. These risks, uncertainties and assumptions could cause actual results to differ materially from the results expressed or implied by the statements. They may relate to the outcome of litigation, settlements and investigations; actions by third parties, including governmental agencies; volatility in customer spending; global economic conditions; inability to hire and retain personnel; loss of, or reduction in business with, key customers; difficulty with growth and integration of acquisitions; product liability; cybersecurity risk; anti-takeover measures in the Company’s charter documents; and the uncertainties created by global health issues, such as the ongoing outbreak of COVID, and political unrest and conflict, such as the invasion of Ukraine by Russia. These and other important risk factors are described more fully in the Company’s reports and other documents filed with the Securities and Exchange Commission (“the SEC”), including in Part I, Item 1A of the Company’s Annual Report on Form 10-K filed with the SEC on April 17, 2024, and subsequent filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this press release, which are based on information available to the Company on the date hereof. Except as otherwise required by applicable law, Data443 undertakes no obligation to publicly update or revise any forward-looking statements, whether because of new information, future events or otherwise.

    “DATA443” is a registered trademark of Data443 Risk Mitigation, Inc.

    All product names, trademarks and registered trademarks are property of their respective owners. All company, product and service names used in this press release are for identification purposes only. Use of these names, trademarks and brands does not imply endorsement.

    For further information:        
    Follow us on LinkedIn: https://www.linkedin.com/company/data443-risk-mitigation-inc/
    Follow us on YouTube: https://www.youtube.com/channel/UCZXDhJcx-XgMBhvE9aFHRdA
    Sign up for our Investor Newsletter: https://data443.com/investor-email-alerts/

    To learn more about Data443, please watch the Company’s video introduction on its YouTube channel: https://youtu.be/1Fp93jOxFSg

    Investor Relations Contact:
    Matthew Abenante
    ir@data443.com
    919.858.6542

    The MIL Network –

  • MIL-OSI Global: The mystery of Mercury’s missing meteorites – and how we may have finally found some

    Source: The Conversation – UK – By Ben Rider-Stokes, Post Doctoral Researcher in Achondrite Meteorites, The Open University

    Mercury seen by Nasa’s Messenger spacecraft on the left. On the right, there’s an approximation of Mercury’s true colour as might be seen by the human eye. NASA/Johns Hopkins University Applied Physics Laboratory/Carnegie Institution of Washington

    Most meteorites that have reached Earth come from the asteroid belt between Mars and Jupiter. But we have 1,000 or so meteorites that come from the Moon and Mars. This is probably a result of asteroids hitting their surfaces and ejecting material towards our planet.

    It should also be physically possible for such debris to reach the Earth from Mercury, another nearby rocky body. But so far, none have been confirmed to come from there – presenting a longstanding mystery.

    A new study my colleagues and I conducted has discovered two meteorites that could have a Mercurian origin. If confirmed, they would offer a rare window into Mercury’s formation and evolution, potentially reshaping our understanding of the planet nearest the Sun.

    Because Mercury is so close to the Sun, any space mission to retrieve a sample from there would be complex and costly. A naturally delivered fragment, therefore, may be the only practical way to study its surface directly – making such a discovery scientifically invaluable.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Observations from Nasa’s Messenger mission have inferred the surface composition of Mercury. This suggests the presence of minerals known as such as sodium-rich plagioclase (such as albite), iron-poor pyroxene (for example enstatite), iron-poor olivine (such as forsterite) and sulfide minerals such as oldhamite.

    The meteorite Northwest Africa (NWA) 7325 was initially proposed as a possible fragment of Mercury. However, its mineralogy includes chromium-rich pyroxene containing approximately 1% iron. This poorly matches Mercury’s estimated surface composition. As a result of this, and other factors, this link has been challenged.

    Aubrite meteorites have also been proposed as potential Mercurian fragments. Recent modelling of their formation suggests an origin from a large planetary body approximately 5,000km in diameter (similar to Mercury), potentially supporting this hypothesis.

    Although aubrites do not exhibit chemical or spectral (the study of how light is broken up by wavelength) similarities with Mercury’s surface, it has been hypothesised that they may derive from the planet’s shallow mantle (the layer beneath the surface). Despite ongoing research, the existence of a definitive meteorite from Mercury remains unproven.

    Our latest study investigated the properties of two unusual meteorites, Ksar Ghilane 022 and Northwest Africa 15915. We found that the two samples appear to be related, probably originating from the same parent body. Their mineralogy and surface composition also exhibit intriguing similarities to Mercury’s crust. So this has prompted us to speculate about a possible Mercurian origin.

    Both meteorites contain olivine and pyroxene, minor albitic plagioclase and oldhamite. Such features are consistent with predictions for Mercury’s surface composition. Additionally, their oxygen compositions match those of aubrites.
    These shared characteristics make the samples compelling candidates for being Mercurian material.

    However, notable differences exist. Both meteorites contain only trace amounts of plagioclase, in contrast to Mercury’s surface, which is estimated to contain over 37%. Furthermore, our study suggests that the age of the samples is about 4,528 million years old. This is significantly older than Mercury’s oldest recognised surface units, which are predicted (based on crater counting) to be approximately 4,000 million years.

    If these meteorites do originate from Mercury, they may represent early material that is no longer preserved in the planet’s current surface geology.

    Will we ever know?

    To link any meteorite to a specific asteroid type, moon or planet is extremely challenging. For example, laboratory analysis of Apollo samples allowed meteorites found in desert collection expeditions to be matched with the lunar materials. Martian meteorites have been identified through similarities between the composition of gases trapped in the meteorites with measurements of the martian atmosphere by spacecraft.

    Until we visit Mercury and bring back material, it will be extremely difficult to assess a meteorite-planet link.

    The BepiColombo space mission, by the European and Japanese space agencies, is now in orbit around Mercury and is about to send back high-resolution data. This may help us determine the ultimate origin body for Ksar Ghilane 022 and Northwest Africa 15915.

    If meteorites from Mercury were discovered, they could help resolve a variety of long-standing scientific questions. For example, they could reveal the age and evolution of Mercury’s crust, its mineralogical and geochemical composition and the nature of its gases.

    The origin of these samples is likely to remain a subject of continuing debate within the scientific community. Several presentations have already been scheduled for the upcoming Meteoritical Society Meeting 2025 in Australia. We look forward to future discussions that will further explore and refine our understanding of their potential origin.

    For now, all we can do is make educated guesses. What do you think?

    Ben Rider-Stokes receives funding from the Science and Technology Facilities Council (STFC).

    – ref. The mystery of Mercury’s missing meteorites – and how we may have finally found some – https://theconversation.com/the-mystery-of-mercurys-missing-meteorites-and-how-we-may-have-finally-found-some-259596

    MIL OSI – Global Reports –

  • MIL-OSI United Nations: 25 June 2025 Joint News Release Energy Access Has Improved, Yet International Financial Support Still Needed to Boost Progress and Address Disparities

    Source: World Health Organisation

    Tracking SDG 7: The Energy Progress Report 2025 finds that almost 92% of the world’s population now has basic access to electricity Although this is an improvement since 2022, which saw the number of people without basic access decrease for the first time in a decade, over 666 million people remain without access, indicating that the current rate is insufficient to reach universal access by 2030. Clean cooking access is progressing but below the rates of progress seen in the 2010s, as efforts remain hobbled by setbacks during the Covid-19 pandemic, following energy price shocks, and debt crises.

    Released today, the latest edition of the annual report that tracks progress towards Sustainable Development Goal (SDG) 7 highlights the role of distributed renewable energy (a combination of mini-grid and off-grid solar systems) to accelerate access, since the population remaining unconnected lives mostly in remote, lower-income, and fragile areas. Cost-effective and rapidly scalable, decentralised solutions are able to reach communities in such rural areas.

    Decentralised solutions are also needed to increase access to clean cooking. With an estimated 1.5 billion people residing in rural areas still lacking access to clean cooking, the use of off-grid clean technologies, such as household biogas plants and mini-grids that facilitate electric cooking, can provide solutions that reduce health impacts caused by household air pollution. Over 670 million people remain without electricity access, and over 2 billion people remain dependent on polluting and hazardous fuels such as firewood and charcoal for their cooking needs.

    Notable progress was made in different indicators. The international financial flows to developing countries in support of clean energy grew for the third year in a row to reach USD 21.6 billion in 2023.  Installed renewables capacity per capita continued to increase year-on-year to reach a new high of 341 watts per capita in developing countries, up from 155 watts in 2015.

    Yet regional disparities persist, indicating that particular support is needed for developing regions. In sub-Saharan Africa – which lags behind across most indicators – renewables deployment has rapidly expanded but remains limited to 40 watts of installed capacity per capita on average which is only one-eighth of the average of other developing countries. Eighty-five percent of the global population without electricity access reside in the region, while four in five families are without access to clean cooking. And the number of people without clean cooking access in the region continues to grow at a rate of 14 million people yearly.

    The report identified the lack of sufficient and affordable financing as a key reason for regional inequalities and slow progress. To build on the achievements to date and avoid any further regressions on access to electricity and clean cooking due to looming risks in global markets, the report calls for strengthened international cooperation of public and private sectors, to scale up financial support for developing countries, especially in sub-Saharan Africa. Urgent actions include reforms in multilateral and bilateral lending to expand the availability of public capital; more concessional finance mobilisation, grants, and risk mitigation instruments; improvement in risk tolerance among donors; as well as appropriate national energy planning and regulations.

    Key findings across primary indicators

    • Almost 92% of the world’s population now has access to electricity, leaving over 666 million people without electricity in 2023, with around 310 million people gaining access since 2015. Eighteen of the 20 countries with the largest electricity access deficits in 2023 were in sub-Saharan Africa. The greatest growth in access between 2020 and 2023 occurred in Central and Southern Asia, with both regions making significant strides towards universal electricity access, reducing their basic access gap from 414 million in 2010 to just 27 million in 2023.
    • Little to no change was observed in access to clean fuels and technologies for cooking between 2022 and 2023. Although the number of the world’s population with access to clean cooking fuels and technologies increased from 64% in 2015 to 74% in 2023, around 2.1 billion people remain dependent on polluting fuels and technologies. If current trends continue, only 78% of the global population will have access to clean cooking by 2030.
    • In 2022, the global share of renewable energy sources in total final energy consumption (TFEC) was 17.9% as TFEC continued to increase gradually, while installed renewable energy capacity reached 478 watts per capita in 2023, indicating almost 13% growth from 2022. But progress is not sufficient to meet international climate and sustainable development goals. In addition, global efforts must address significant disparities. Despite progress in expanding renewable capacity, least developed countries and sub-Saharan Africa had only 40 watts per capita in installed renewables capacity, compared to developed countries which had over 1,100 watts installed.
    • Global energy efficiency experienced sluggish progress in recent years. The global trend shows that primary energy intensity, defined as the ratio of total energy supply to gross domestic product, declined by 2.1% in 2022. Although it is an improvement of more than four times the weak 0.5% improvement rate of 2021, it is insufficient to meet the original SDG 7.3 target. Going forward, energy intensity needs to improve by 4% per year on average. 
    • International public financial flows to developing countries in support of clean energy increased by 27% from 2022, reaching USD 21.6 billion in 2023.  However, the report reveals that the developing world received fewer flows in 2023 than in 2016, when commitments peaked at USD 28.4 billion. Despite gradual diversification, funding remained concentrated, with only two sub-Saharan African countries in the top five recipients. Debt-based instruments drove most of the increase in international public flows in 2023, accounting for 83% in 2023, while grants made up only 9.8% of flows.

    The report will be presented to decision-makers at a special launch event on 16 July 2025 at the High-Level Political Forum on Sustainable Development in New York, which oversees progress on the SDGs.

    Quotes

    Fatih Birol, Executive Director, International Energy Agency

    “Despite progress in some parts of the world, the expansion of electricity and clean cooking access remains disappointingly slow, especially in Africa. This is contributing to millions of premature deaths each year linked to smoke inhalation, and is holding back development and education opportunities. Greater investment in clean cooking and electricity supply is urgently required, including support to reduce the cost of capital for projects.”

    Francesco La Camera, Director-General, International Renewable Energy Agency

    “Renewables have seen record growth in recent years, reminding the world of its affordability, scalability, and its role in further reducing energy poverty. But we must accelerate progress at this crunch time. This means overcoming challenges, which include infrastructure gaps. The lack of progress, especially on infrastructure, is a reflection of limited access to financing. Although international financial flows to developing countries in support of clean energy grew to USD 21.6 billion in 2023, only two regions in the world have seen real progress in the financial flows. To close the access and infrastructure gaps, we need strengthened international cooperation to scale up affordable financing and impact–driven capital for the least developed and developing countries.”

    Stefan Schweinfest, Director, United Nations Statistics Division

    “This year’s report shows that now is the time to come together to build on existing achievements and scale up our efforts. Despite advancements in increasing renewables-based electricity, which now makes up almost 30 percent of global electricity consumption, the use of renewables for other energy-related purposes remains stagnant. While energy intensity improved in 2022, overall progress remains weak, threatening economic growth and the energy efficiency goals agreed upon at COP28. The clock is ticking. The findings of this year’s report should serve as a rallying point, to rapidly mobilize efforts and investments, so that together, we ensure sustainable energy for all by 2030.”

    Guangzhe Chen, Vice President for Infrastructure, World Bank

    “As we approach the five-year mark to achieve the SDG7 targets, it is imperative to accelerate the deployment of electricity connections, especially in Sub-Saharan Africa, where half of the 666 million people lacking access reside. As part of the Mission 300 movement, 12 African nations have launched national energy compacts, in which they commit to substantial reforms to lower costs of generation and transmission, and scale up distributed renewable energy solutions. Initiatives such as this unite governments, the private sector, and development partners in a collaborative effort.

    Dr Tedros Adhanom Ghebreyesus, WHO Director-General, World Health Organization

    “The same pollutants that are poisoning our planet are also poisoning people, contributing to millions of deaths each year from cardiovascular and respiratory diseases, particularly among the most vulnerable, including women and children,” said Dr Tedros Adhanom Ghebreyesus, WHO Director-General. “We urgently need scaled-up action and investment in clean cooking solutions to protect the health of both people and planet—now and in the future.”

    About the report

    This report is published by the SDG 7 custodian agencies, the International Energy Agency (IEA), the International Renewable Energy Agency (IRENA), the United Nations Statistics Division (UNSD), the World Bank, and the World Health Organization (WHO) and aims to provide the international community with a global dashboard to register progress on energy access, energy efficiency, renewable energy and international cooperation to advance SDG 7.

    This year’s edition was chaired by IRENA.  

    The report can be downloaded at https://trackingsdg7.esmap.org/

    Funding for the report was provided by the World Bank’s Energy Sector Management Assistance Program (ESMAP).

    MIL OSI United Nations News –

  • MIL-OSI Asia-Pac: FS continues visit to Tianjin (with photos)

    Source: Hong Kong Government special administrative region

    ​The Financial Secretary, Mr Paul Chan, continued his visit to Tianjin today (June 25) to attend the World Economic Forum Annual Meeting of the New Champions 2025 (also known as the Summer Davos). In the evening, he travelled to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the Asian Infrastructure Investment Bank (AIIB).

    In the morning, Premier Li Qiang attended the opening ceremony of the Summer Davos and delivered a speech. In addition to attending the opening ceremony, Mr Chan participated in a discussion session in the afternoon titled, “Is the Asian Century at Risk?”. Other regional leaders in attendance included the Prime Minister of Vietnam, Mr Pham Minh Chinh; the Deputy Chairperson of Indonesia’s Gerindra Party, Ms Rahayu Saraswati Djojohadikusumo; and the Minister of Industry and Entrepreneurship Development, Mr Sunil Handunneththi. The discussion focused on how Asia could address local development and external challenges amid the current geopolitical tensions, trade barriers and technological transformation.

    During the session, Mr Chan remarked that the Asian region is developing rapidly, with Hong Kong benefitting from its unique position under “one country, two systems”. He highlighted Hong Kong’s dual advantages of priority access to the Mainland’s market and its connectivity to the global economy, serving as a gateway between the Mainland and the world. As an international financial centre, Hong Kong facilitates efficient two-way capital flows and cross-border financial co-operation within Asia and between Asia and other regions. In the current international geopolitical and economic environment, Hong Kong is actively supporting Mainland enterprises in expanding internationally and building global industry chains and supply chains.

    In response to questions, Mr Chan emphasised that since the implementation of the Hong Kong National Security Law, Hong Kong has provided a more stable and secure business environment that allows society to focus on economic development. He pointed out that the performance of Hong Kong’s capital markets over the past year, along with surveys conducted by various foreign chambers of commerce, demonstrates that international investors are showing confidence in Hong Kong with their capital and actions. Mr Chan further noted that Hong Kong’s openness, diversity and international outlook under “two systems”, along with its common law system, remain key advantages in attracting international businesses and talent.

    Mr Chan also met with the Chairman ad interim of the World Economic Forum, Mr Peter Brabeck-Letmathe, during which he briefed him on Hong Kong’s latest economic developments, including progress in the financial and innovation and technology (I&T) sectors. The two sides also explored opportunities to strengthen co-operation in technological innovation and personnel exchanges. Mr Chan expressed gratitude to the World Economic Forum for offering secondment opportunities to Hong Kong SAR Government personnel, enabling them to gain more international exposure.

    During his time in Tianjin, Mr Chan participated in the following activities:

    (1) A thematic session titled “Funding China’s Next Tech Breakthrough” hosted by the Hong Kong Exchanges and Clearing Limited, where he shared with representatives from investment banks, funds, asset management firms, I&T companies and think tanks how Hong Kong provides a full range of fundraising options – from start-up investments to stock market listings – to provide financial support to the accelerated development of I&T enterprises;

    (2) An exchange session between technology enterprises from Tianjin and Hong Kong organised by Hong Kong Science and Technology Parks Corporation, where Mr Chan introduced the dual advantages of Hong Kong’s financial and I&T synergy to I&T enterprises from Tianjin and Hong Kong, and accelerating the development of I&T through financial empowerment. Some members of the I&T delegation on the visit also participated in the session, where they explored collaboration opportunities with Tianjin’s I&T companies; and

    (3) A gathering hosted by the Hong Kong Chamber of Commerce in Tianjin, where Mr Chan shared updates on Hong Kong’s economy, future development directions, and opportunities for further strengthening co-operation between Tianjin and Hong Kong in finance, trade and I&T.

    After concluding his visit to Tianjin, Mr Chan proceeded to Beijing to attend the Host Member Gala Dinner for the 10th Annual Meeting of the Board of Governors of the AIIB.

    Mr Chan will attend the 10th Annual Meeting of the Board of Governors of the AIIB tomorrow (June 26).

    MIL OSI Asia Pacific News –

  • MIL-OSI: Minovia Therapeutics Ltd. and Launch One Acquisition Corp. Announce Proposed Business Combination to Create Nasdaq-Listed Mitochondrial Therapy Company in $1 Trillion+ Mitochondrial and Longevity Markets

    Source: GlobeNewswire (MIL-OSI)

    HAIFA, Israel, and GEORGE TOWN, Cayman Islands, June 25, 2025 (GLOBE NEWSWIRE) — Minovia Therapeutics Ltd. (“Minovia” or the “Company”), a clinical-stage biotechnology company developing what it believes to be first-in-class therapies to treat mitochondrial diseases and combat age-related decline, and Launch One Acquisition Corp. (Nasdaq: LPAA, “Launch One”), a special purpose acquisition company focused on healthcare innovation, announce entering into a definitive business combination agreement (the “Business Combination Agreement”).   

    Transaction highlights:

    • The proposed business combination (the “Business Combination”) will create a publicly traded, clinical-stage biotechnology company focused on developing and commercializing Mitochondrial Augmentation Technology (MAT) – a proprietary platform designed to address a broad spectrum of diseases driven by mitochondrial dysfunction, from rare pediatric disorders to common adult conditions.
    • Upon closing of the transaction, the combined entity will operate under the name Mito US One Ltd. and is expected to be listed on Nasdaq.
    • The transaction is expected to provide Minovia with additional capital to facilitate accelerating its growth and development pipeline. This includes potentially reaching clinical and regulatory milestones, technology transfer, and the eventual commercial launch of the Company’s longevity-focused offerings from its MAT platform.
    • The transaction is expected to close in the fourth quarter of 2025, subject to customary closing conditions and shareholder approvals.
    • Launch One’s trust account currently holds approximately $239.7 million in cash, a portion of which may be available to the combined company following the transaction, depending on the extent of redemptions by public shareholders.

    Natalie Yivgi-Ohana, Ph.D., Minovia Co-Founder and CEO commented, “Minovia is pioneering a new category of mitochondrial therapy that targets the root cause of disease and aging — mitochondrial failure. Our research has already demonstrated durable safety and life-changing impact in patients, including children with genetic mitochondrial disease and older adults with hematologic and kidney dysfunction. Supported by clinical data, FDA Fast Track Designation, and a clear path to pivotal trial, we believe our MAT platform is uniquely positioned to drive value across both rare disease and the fast-growing longevity market.”

    Unlocking a New Category in Regenerative and Longevity Medicine

    Mitochondria are the tiny powerplants inside human cells, generating the energy needed for everything from muscle movement and kidney function to immune defense and brain activity. When mitochondria break down, energy production collapses — contributing to a wide range of diseases, including neurodegenerative, metabolic, and kidney disease, as well as muscle weakness, anemia, and immune system decline. Minovia’s MAT platform is designed to enrich diseased cells with healthy and functional mitochondria, effectively recharging the body’s cellular batteries and restoring the energy essential for healing, resilience, and long-term health. This approach is backed by a deep patent portfolio, scalable manufacturing, a decade of research and development, and supported by clinical data.

    To date, Minovia has treated 23 patients for a combination of Pearson Syndrome, low-risk Myelodysplastic Syndrome (MDS), and neurological conditions such as Kearns-Sayre and Leigh syndromes. Patients have experienced significant outcomes — including increased body weight and growth, restored mobility, kidney function, and hematologic stability. The treatment demonstrated to be safe with no drug-product related adverse response. The Company believes these results differentiate Minovia from others in the field and support its regulatory strategy across multiple indications.

    Minovia’s lead product, MNV-201, supported by FDA Fast Track and Rare Pediatric Designations, is being developed under a Phase 2 trial for Pearson Syndrome, an ultra-rare pediatric disorder. In parallel, Minovia is also conducting a Phase 1b study of MNV-201 in low-risk MDS, a chronic blood disorder linked to aging and has launched compassionate use programs in neurological mitochondrial conditions. Across its pipeline, MAT has shown a preliminary consistent safety profile, multi-system benefit, and biomarker-driven evidence of mitochondrial restoration — supporting both accelerated regulatory pathways and broad clinical potential.

    Looking ahead, Minovia believes it is poised to become a leader in the $1+ trillion longevity and regenerative medicine market with the first clinical-stage mitochondrial cell therapy for aging-related dysfunction. Minovia plans to launch MAT-based offerings through global longevity clinic partnerships beginning in 2026. Minovia believes that the accumulated clinical data, as well as preclinical data showing that MAT reverses biological aging markers and improves cognition and mobility in aged mice, lay the foundation for a scalable mitochondrial regenerative medicine franchise.

    Chris Ehrlich, Launch One Acquisition Corp. CEO, added, “Minovia provides a clinical-stage platform with the potential to lead an entirely new category of cell therapy. FDA Fast Track designation, patient responses across multiple diseases, and a robust pipeline positions Minovia as a first mover in advanced mitochondrial medicine. The company is advancing toward pivotal trials and we expect it will be bringing U.S.-based GMP manufacturing online by the end of 2025, allowing it to scale both its rare disease and longevity programs globally.”

    Transaction Overview and Next Steps

    The Business Combination Agreement assigns Minovia a pre-money equity valuation of $180 million, which will be increased by additional proceeds into Minovia expected from a bridge financing of at least $5 million to be completed within 30 days of signing, payable to Minovia equity holders in newly issued shares of the combined company, and with the Minovia equity holders being eligible to potentially receive additional shares worth $57.5 million in the aggregate as an earnout after the closing of the Business Combination. In addition, the parties are currently anticipating at least $18 million in PIPE investments at closing of the Business Combination, in addition to remaining cash held in Launch One’s trust account after shareholder redemptions. The net proceeds will fund Minovia’s clinical milestones, regulatory approvals, and the commercial launch of longevity-focused offerings.

    The boards of directors of both Minovia and Launch One have unanimously approved the transaction, which is expected to close in the fourth quarter of 2025, subject to customary closing conditions and shareholder approvals.

    Additional information about the transaction will be provided in a Current Report on Form 8-K to be filed with the Securities and Exchange Commission (“SEC”) and will be available at www.sec.gov. In addition, Launch One and Minovia intend to file relevant materials with the SEC, including a registration statement on Form F-4 (the ”Registration Statement“), which will include a proxy statement/prospectus of Launch One. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One and/or Minovia have filed or may file with the SEC in connection with the Business Combination.

    Advisors and Legal Counsel

    Locus Walk is serving as lead placement agent on the transaction. Bevilacqua PLLC is acting as U.S. legal counsel to Minovia. Ellenoff Grossman & Schole LLP is U.S. legal counsel to Launch One.

    About Minovia Therapeutics Ltd.

    Minovia, chaired by John Cox, is a company working on treatments to augment defective mitochondria with new healthy mitochondria, helping people with mitochondrial diseases and fighting aging. Its lead product, MNV-201, is already being tested in clinical trials for Pearson Syndrome and Myelodysplastic Syndrome. Minovia is also developing ways to potentially help people live longer, healthier lives. Based in Haifa, Israel, with a factory for its therapy, Minovia is expanding to the U.S. For more information, visit www.minoviatx.com.

    About Launch One Acquisition Corp.

    Launch One Acquisition Corp. is a company set up to merge with and take public an exciting business in healthcare or technology. Listed on Nasdaq under the ticker LPAA, Launch One is led by experienced leaders who want to support game-changing solutions. For more information, contact Jurgen van de Vyver at jurgen@launchpad.vc.

    Participants In the Solicitation

    Launch One, Minovia, and their respective directors, executive officers, other members of management and employees may be deemed participants in the solicitation of proxies from Launch One’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names and interests in the Business Combination of Launch One’s directors and officers in Launch One’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to Minovia’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described below under the heading “Additional Information and Where to Find It.”

    Non-Solicitation

    This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Launch One or Minovia, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

    Forward-Looking Statements

    This press release includes certain statements that may be considered forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include, without limitation, statements about future events or Launch One’s or Minovia’s future financial or operating performance. For example, statements regarding the development and therapeutic benefits of MAT, the Business Combination and the anticipated timing of the completion of the Business Combination are forward-looking statements. In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

    These forward-looking statements regarding future events and the future results of Launch One and Minovia are based on current expectations, estimates, forecasts, and projections about the development of MAT, the industry in which Minovia operates, as well as the beliefs and assumptions of Launch One’s management and Minovia’s management. These forward-looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Launch One relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Launch One; (ii) uncertainties; (iii) assumptions; and (v) other factors beyond Launch One’s or Minovia’s control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, Minovia’s actual results may differ materially and adversely from those expressed or implied in any forward-looking statements and Launch One and Minovia therefore caution against relying on any of these forward-looking statements.

    These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Launch One and its management and Minovia and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Launch One’s or Minovia’s control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Launch One, Minovia, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Launch One and Minovia, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of Minovia; (vi) Minovia’s ability to scale and grow its business, and the advantages and expected growth of Minovia; (vii) Minovia’s ability to source and retain talent, and the cash position of Minovia following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of Minovia as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Minovia to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that Minovia may be adversely affected by other economic, business and/or competitive factors; (xiv) Minovia’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Launch One and Minovia with the SEC. There may be additional risks that neither Launch One nor Minovia presently know or that Launch One and Minovia currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. Any forward-looking statements made by or on behalf of Launch One or Minovia speak only as of the date they are made. Neither Launch One nor Minovia undertakes any obligation to update any forward-looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statements are based.

    Additional Information and Where to Find It

    In connection with the Business Combination, Launch One and/or Minovia intend to file relevant materials with the SEC, including the Registration Statement, which will include a proxy statement/prospectus of Launch One, and will file other documents regarding the proposed transaction with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One has filed or may file with the SEC in connection with the proposed transaction. When available, the definitive proxy statement/prospectus and other relevant materials for the proposed transaction will be mailed or made available to stockholders of Launch One as of a record date to be established for voting on the proposed transaction.

    Before making any voting or investment decision, investors and stockholders of Launch One are urged to carefully read, when they become available, the entire Registration Statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Launch One, Minovia, and the proposed transaction. Launch One’s investors and stockholders and other interested persons will also be able to obtain copies of the Registration Statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Launch One and/or Minovia in connection with the Business Combination, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Launch One or Minovia at the addresses set forth below.

    Contact

    Minovia Therapeutics Ltd.
    Natalie Yivgi Ohana, Co-Founder and CEO
    +972-74-7039954
    info@minoviatx.com 

    Launch One Acquisition Corp.
    Jurgen van de Vyver
    jurgen@launchpad.vc
    +1-510-692-9600

    Investor Relations
    Dave Gentry, CEO
    RedChip Companies
    +1-407-644-4256
    LPAA@redchip.com

    Investor Relations
    Jules Abraham
    Managing Director, Communications
    CORE IR
    1-917-885-7378
    Julesa@coreir.com

    The MIL Network –

  • MIL-OSI: Anthony Pompliano’s ProCap BTC, LLC Buys Another 1,208 Bitcoin and Now Holds A Total of 4,932 Bitcoin

    Source: GlobeNewswire (MIL-OSI)

    New York, NY, June 25, 2025 (GLOBE NEWSWIRE) — American investor and entrepreneur, Anthony Pompliano, today announced that ProCap BTC, LLC, a bitcoin-native financial services firm (the “Company”), has purchased 1,208 bitcoin at a time weighted average price (“TWAP”) of $105,977 per bitcoin, following the Company’s June 23, 2025 announcement of a proposed $1 billion business combination with Columbus Circle Capital Corp. I (NASDAQ: CCCM) to take the Company public as ProCap Financial, Inc. The Company now holds 4,932 bitcoin on its balance sheet. 

    The bitcoin was acquired as part of the Company’s on-going bitcoin purchase program. The Company has wasted no time delivering for its investors by deploying the funds raised at signing to accumulate bitcoin. As a result, equity investors received immediate bitcoin exposure from the equity raise.

    The Company plans to continue buying bitcoin for its balance sheet as part of its ongoing business strategy. At the closing of the proposed business combination, ProCap Financial is expected to hold up to $1 billion in bitcoin on its balance sheet. The TWAP for the Day 2 purchases may be different from the “Signing Bitcoin Price” for purposes of Business Combination Agreement signed by CCCM and the Company on June 23, 2025.

    ProCap BTC, LLC, believes bitcoin is the new hurdle rate.

    If you can’t beat it, you have to buy it.

    About ProCap BTC, LLC and ProCap Financial, Inc.

    ProCap BTC, LLC is a bitcoin-native financial services firm founded by Anthony Pompliano. Pompliano has invested in more than 300 private companies and is one of the leading voices on bitcoin globally. ProCap Financial, Inc., the company resulting from the proposed Business Combination, will focus on implementing various profit-generating products and services to support the unique financial needs of large financial institutions and institutional investors.

    About Columbus Circle Capital I

    Columbus Circle Capital Corp. I (NASDAQ: CCCM) is a Cayman Islands–incorporated blank check company formed to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The company is led by Chairman and CEO Gary Quin, a veteran investment banker with over 25 years of experience in cross-border M&A, private equity, and capital markets; COO Dan Nash, a skilled investment banker, with a strong track record in SPAC execution and building high-growth advisory platforms; and CFO Joseph W. Pooler, Jr., who brings decades of public company financial leadership. The board of directors includes Garrett Curran, Alberto Alsina Gonzalez, Dr. Adam Back, and Matthew Murphy.

    Additional Information and where to Find it

    ProCap Financial, Inc., a Delaware corporation (“ProCap Financial”) and Columbus Circle Capital Corp I, a Cayman Islands exempt company (“CCCM”) intend to file with the U.S. Securities and Exchange Commission (the “SEC”) a Registration Statement on Form S-4 (as may be amended, the “Registration Statement”), which will include a preliminary proxy statement of CCCM and a prospectus (the “Proxy Statement/Prospectus”) in connection with (i) a proposed business combination, to be effected subject to and in accordance with the terms of certain business combination agreement dated as of June 23, 2025 (as may be modified, amended or supplemented from time to time, the “Business Combination Agreement”), by and among ProCap Financial, CCCM, Crius SPAC Merger Sub, Inc., a Delaware corporation, Crius Merger Sub, LLC, a Delaware limited liability company, ProCap BTC, LLC, a Delaware limited liability company (“ProCap BTC”), and Inflection Points Inc, d/b/a Professional Capital Management, a Delaware corporation (collectively with all of the related actions and transactions contemplated by such agreement, the “Business Combination”), (ii) a private placement of non-voting preferred units (“ProCap BTC Preferred Units”) of ProCap BTC to certain “qualified institutional buyers” as defined in Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), or institutional “accredited investors” (as defined in Rule 506 of Regulation D)(such investors, “qualifying institutional investors”)(the “Preferred Equity Investment”) pursuant to preferred equity subscription agreements, and (iii) commitments by qualifying institutional investors to purchase convertible notes (“Convertible Notes”) issuable in connection with the Closing by ProCap Financial (the “Convertible Note Offering” and, together with the Preferred Equity Investment and the Business Combination, the “Proposed Transactions”) pursuant to convertible notes subscription agreements. The definitive proxy statement and other relevant documents will be mailed to shareholders of CCCM as of a record date to be established for voting on the Proposed Transactions and other matters as described in the Proxy Statement/Prospectus. CCCM and/or ProCap Financial will also file other documents regarding the Proposed Transactions with the SEC. This communication does not contain all of the information that should be considered concerning the Proposed Transactions and is not intended to form the basis of any investment decision or any other decision in respect of the Proposed Transactions. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, SHAREHOLDERS OF CCCM AND OTHER INTERESTED PARTIES ARE URGED TO READ, WHEN AVAILABLE, THE PRELIMINARY PROXY STATEMENT/PROSPECTUS, AND AMENDMENTS THERETO, AND THE DEFINITIVE PROXY STATEMENT/PROSPECTUS AND ALL OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC IN CONNECTION WITH CCCM’S SOLICITATION OF PROXIES FOR THE EXTRAORDINARY GENERAL MEETING OF ITS SHAREHOLDERS TO BE HELD TO APPROVE THE PROPOSED TRANSACTIONS AND OTHER MATTERS AS DESCRIBED IN THE PROXY STATEMENT/PROSPECTUS BECAUSE THESE DOCUMENTS WILL CONTAIN IMPORTANT INFORMATION ABOUT CCCM, PROCAP BTC, PROCAP FINANCIAL AND THE PROPOSED TRANSACTIONS. Investors and security holders will also be able to obtain copies of the Registration Statement and the Proxy Statement/Prospectus and all other documents filed or that will be filed with the SEC by CCCM and ProCap Financial, without charge, once available, on the SEC’s website at www.sec.gov, or by directing a request to: Columbus Circle Capital Corp. I, 3 Columbus Circle, 24th Floor, New York, NY 10019; e-mail: IR@ColumbusCircleCap.com, or upon written request to ProCap Financial Inc. at 600 Lexington Ave., Floor 2, New York, NY 10022, respectively.

    NEITHER THE SEC NOR ANY STATE SECURITIES REGULATORY AGENCY HAS APPROVED OR DISAPPROVED THE PROPOSED TRANSACTIONS DESCRIBED HEREIN, PASSED UPON THE MERITS OR FAIRNESS OF THE PROPOSED TRANSACTIONS OR ANY RELATED TRANSACTIONS OR PASSED UPON THE ADEQUACY OR ACCURACY OF THE DISCLOSURE IN THIS COMMUNICATION. ANY REPRESENTATION TO THE CONTRARY CONSTITUTES A CRIMINAL OFFENSE.

    The offer and sale of the Convertible Notes to be issued by ProCap Financial pursuant to the Convertible Note Offering and the offer and sale of the ProCap BTC Preferred Units in the Preferred Equity Investment, in connection with the Proposed Transactions, has not been registered under the Securities Act of 1933, as amended (the “Securities Act”) and such securities may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act.

    Participants in Solicitation

    CCCM, ProCap BTC, ProCap Financial and their respective directors, executive officers, certain of their shareholders and other members of management and employees may be deemed under SEC rules to be participants in the solicitation of proxies from CCCM’s shareholders in connection with the Proposed Transactions. A list of the names of such persons, and information regarding their interests in the Proposed Transactions and their ownership of CCCM’s securities are, or will be, contained in CCCM’s filings with the SEC, including the final prospectus for CCCM’s initial public offering filed with the SEC on May 19, 2025 (the “IPO Prospectus”). Additional information regarding the interests of the persons who may, under SEC rules, be deemed participants in the solicitation of proxies of CCCM’s shareholders in connection with the Proposed Transactions, including the names and interests of ProCap BTC’s and ProCap Financial’s respective directors or managers and executive officers, will be set forth in the Registration Statement and Proxy Statement/Prospectus, which is expected to be filed by ProCap Financial and CCCM with the SEC. Investors and security holders may obtain free copies of these documents as described above.

    No Offer or Solicitation

    This communication and the information contained herein is for informational purposes only and is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transactions and shall not constitute an offer to sell or exchange, or a solicitation of an offer to buy or exchange the securities of CCCM, ProCap BTC or ProCap Financial, or any commodity or instrument or related derivative, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, sale or exchange would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act or an exemption therefrom. Investors should consult with their counsel as to the applicable requirements for a purchaser to avail itself of any exemption under the Securities Act.

    Forward-Looking Statements

    This communication contains certain forward-looking statements within the meaning of the U.S. federal securities laws with respect to the Proposed Transactions involving ProCap Financial, ProCap BTC, and CCCM, including expectations, hopes, beliefs, intentions, plans , prospects, financial results or strategies regarding ProCap BTC, ProCap Financial, CCCM and the Proposed Transactions, statements regarding the anticipated benefits and timing of the completion of the Proposed Transactions, the assets that may be held by ProCap BTC and ProCap Financial and the value thereof, the price and volatility of bitcoin, bitcoin’s growing prominence as a digital asset and as the foundation of a new financial system, ProCap Financial’s listing on any securities exchange, the macro and political conditions surrounding bitcoin, the planned business strategy including ProCap Financial’s ability to develop a corporate architecture capable of supporting financial products built with and on bitcoin including native lending models, capital market instruments, and future innovations that will replace legacy financial tools with bitcoin-aligned alternatives, plans and use of proceeds, objectives of management for future operations of ProCap Financial, the upside potential and opportunity for investors, ProCap Financial’s plan for value creation and strategic advantages, market size and growth opportunities, regulatory conditions, technological and market trends, future financial condition and performance and expected financial impacts of the Proposed Transactions, the satisfaction of closing conditions to the Proposed Transactions and the level of redemptions of CCCM’s public shareholders, and ProCap Financial’s expectations, intentions, strategies, assumptions or beliefs about future events, results of operations or performance or that do not solely relate to historical or current facts. These forward-looking statements generally are identified by the words “believe,” “project,” “expect,” “anticipate,” “estimate,” “intend,” “strategy,” “future,” “opportunity,” “potential,” “plan,” “may,” “should,” “will,” “would,” “will be,” “will continue,” “will likely result,” and similar expressions. Forward-looking statements are predictions, projections and other statements about future events or conditions that are based on current expectations and assumptions and, as a result, are subject to risks and uncertainties. Many factors could cause actual future events to differ materially from the forward-looking statements in this communication, including, but not limited to: the risk that the Proposed Transactions may not be completed in a timely manner or at all, which may adversely affect the price of CCCM’s securities; the risk that the Proposed Transactions may not be completed by CCCM’s business combination deadline; the failure by the parties to satisfy the conditions to the consummation of the Proposed Transactions, including the approval of CCCM’s shareholders; failure to realize the anticipated benefits of the Proposed Transactions; the level of redemptions of the CCCM’s public shareholders which may reduce the public float of, reduce the liquidity of the trading market of, and/or maintain the quotation, listing, or trading of the Class A ordinary shares of CCCM or the shares of common stock, par value $0.0001 per share, of ProCap Financial (“Pubco Common Stock”) to be listed in connection with the Proposed Transactions; the insufficiency of the third-party fairness opinion for the board of directors of CCCM in determining whether or not to pursue the Proposed Transactions; the failure of ProCap Financial to obtain or maintain the listing of its securities on any securities exchange after closing of the Proposed Transactions; risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; costs related to the Proposed Transactions and as a result of becoming a public company; changes in business, market, financial, political and regulatory conditions; risks relating to ProCap Financial’s anticipated operations and business, including the highly volatile nature of the price of bitcoin; the risk that ProCap Financial’s stock price will be highly correlated to the price of bitcoin and the price of bitcoin may decrease between the signing of the definitive documents for the Proposed Transactions and the closing of the Proposed Transactions or at any time after the closing of the Proposed Transactions; asset security and risks associated with CCCM, ProCap BTC and ProCap Financial’s ability to consummate the Proposed Transactions timely or at all, including in connection with potential regulatory delays or impediments, changes in bitcoin prices or for other reasons; risks related to increased competition in the industries in which ProCap Financial will operate; risks relating to significant legal, commercial, regulatory and technical uncertainty regarding bitcoin; risks relating to the treatment of crypto assets for U.S. and foreign tax purposes; risks related to the ability of ProCap BTC and ProCap Financial to execute their business plans; the risks that launching and growing ProCap Financial’s bitcoin treasury advisory and services in digital marketing and strategy could be difficult; challenges in implementing ProCap Financial’s business plan, due to operational challenges, significant competition and regulation; risks associated with the possibility of ProCap Financial being considered to be a “shell company” by any stock exchange on which ProCap Financial’s common stock will be listed or by the SEC, which may impact ProCap Financial’s ability to list Pubco Common Stock and restrict reliance on certain rules or forms in connection with the offering, sale or resale of securities, which could impact materially the time, cost and ability of ProCap Financial to raise capital after the closing; the outcome of any potential legal proceedings that may be instituted against ProCap Financial, ProCap BTC, CCCM or others in connection with or following announcement of the Proposed Transactions, and those risk factors discussed in documents that ProCap Financial and/or CCCM filed, or that will be filed, with the SEC, including as will be set forth in the Registration Statement to be filed with the SEC in connection with the Proposed Transactions.

    The foregoing list of risk factors is not exhaustive. You should carefully consider the foregoing factors and the other risks and uncertainties described in the “Risk Factors” section of the IPO Prospectus, CCCM’s Quarterly Reports on Form 10-Q and CCCM’s Annual Reports on Form 10-K that will be filed by CCCM from time to time, the Registration Statement that will be filed by ProCap Financial and CCCM and the Proxy Statement/Prospectus contained therein, and other documents that have been or will be filed by CCCM and ProCap Financial from time to time with the SEC. These filings do or will identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. There may be additional risks that neither CCCM nor ProCap Financial presently know or that CCCM and ProCap Financial currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements.

    Forward-looking statements speak only as of the date they are made. Readers are cautioned not to put undue reliance on forward-looking statements, and each of CCCM, ProCap BTC, and ProCap Financial assume no obligation and do not intend to update or revise these forward-looking statements, whether as a result of new information, future events, or otherwise. Neither CCCM, ProCap BTC, nor ProCap Financial gives any assurance that any of CCCM, ProCap BTC or ProCap Financial will achieve their respective expectations. The inclusion of any statement in this communication does not constitute an admission by CCCM, ProCap BTC or ProCap Financial or any other person that the events or circumstances described in such statement are material.

    Media Contacts

    Ebony Lewkovitz

    ebony@edencommunications.com

    Larissa Bundziak

    larissa@edencommunications.com

    Dan Nash

    IR@ColumbusCircleCap.com

    The MIL Network –

  • MIL-OSI: Beeline Title Closes its First Crypto Real Estate Transaction – Building a Title Platform for Lenders leveraging Stable Coins looking to infuse liquidity in Residential Real Estate

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, June 25, 2025 (GLOBE NEWSWIRE) — Beeline Holdings, Inc., (Nasdaq: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, is pleased to announce that its subsidiary, Beeline Title holdings, Inc. (“Beeline Title”), has successfully closed what it believes to  be one of the first-ever residential real estate transactions funded through the sale of a cryptocurrency token which is backed by real property. The transaction marks a major milestone in the evolution of blockchain-driven real estate finance, bridging decentralized finance with traditional title and escrow services.

    “Several mortgage lenders are already developing funding models that involve the conversion of cryptocurrencies to U.S. dollars at closing,” said Nick Liuzza, CEO of Beeline Holdings. “But for these models to function at scale, you need a title company that not only understands blockchain transactions—but has the infrastructure to disburse and reconcile them in compliance with federal and state regulations.”

    Beeline’s first cryptocurrency-enabled transaction is the beginning of a broader rollout. Beeline Loans, Inc., another subsidiary, is set to launch its full cryptocurrency token funding platform nationally in early August 2025, with Beeline Title providing the title and closing services for each transaction—unless borrowers elect to use an outside title company.

    Importantly, Beeline Title will open this platform to all mortgage lenders, giving them access to a proven solution for cryptocurrency token transaction reconciliation, compliance, and disbursement.

    Liuzza continued, “Our team built Linear Title, one of the largest privately held title agencies in the U.S., prior to merging with Real Matters and going public on the TSX. Through 2019, they closed over one million title transactions across all 50 states, and this new platform is an extension of that expertise—tailored to the next generation of mortgage transactions.”

    As cryptocurrency adoption accelerates and becomes regulated by federal and state governments, Beeline is positioning itself as a leader in this fast-moving ecosystem, offering trusted infrastructure to help lenders scale into a future where crypto and compliance go hand-in-hand.

    About Beeline

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. For more information please visit: https://makeabeeline.com/

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospective new home equity access product, the potential market for, timing, features, and demand for such product, and the benefits thereof. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, the ultimate interest of homeowners in unlocking liquidity and Beeline’s ability to attract homeowners, its reliance on a related party to raise capital to fund the real estate transactions and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact:
    ir@makeabeeline.com

    The MIL Network –

  • MIL-OSI: Beeline Title Closes its First Crypto Real Estate Transaction – Building a Title Platform for Lenders leveraging Stable Coins looking to infuse liquidity in Residential Real Estate

    Source: GlobeNewswire (MIL-OSI)

    Providence, RI, June 25, 2025 (GLOBE NEWSWIRE) — Beeline Holdings, Inc., (Nasdaq: BLNE) the fast-growing digital mortgage platform that shortens the path to homeownership, is pleased to announce that its subsidiary, Beeline Title holdings, Inc. (“Beeline Title”), has successfully closed what it believes to  be one of the first-ever residential real estate transactions funded through the sale of a cryptocurrency token which is backed by real property. The transaction marks a major milestone in the evolution of blockchain-driven real estate finance, bridging decentralized finance with traditional title and escrow services.

    “Several mortgage lenders are already developing funding models that involve the conversion of cryptocurrencies to U.S. dollars at closing,” said Nick Liuzza, CEO of Beeline Holdings. “But for these models to function at scale, you need a title company that not only understands blockchain transactions—but has the infrastructure to disburse and reconcile them in compliance with federal and state regulations.”

    Beeline’s first cryptocurrency-enabled transaction is the beginning of a broader rollout. Beeline Loans, Inc., another subsidiary, is set to launch its full cryptocurrency token funding platform nationally in early August 2025, with Beeline Title providing the title and closing services for each transaction—unless borrowers elect to use an outside title company.

    Importantly, Beeline Title will open this platform to all mortgage lenders, giving them access to a proven solution for cryptocurrency token transaction reconciliation, compliance, and disbursement.

    Liuzza continued, “Our team built Linear Title, one of the largest privately held title agencies in the U.S., prior to merging with Real Matters and going public on the TSX. Through 2019, they closed over one million title transactions across all 50 states, and this new platform is an extension of that expertise—tailored to the next generation of mortgage transactions.”

    As cryptocurrency adoption accelerates and becomes regulated by federal and state governments, Beeline is positioning itself as a leader in this fast-moving ecosystem, offering trusted infrastructure to help lenders scale into a future where crypto and compliance go hand-in-hand.

    About Beeline

    Beeline Financial Holdings, Inc. is a trailblazing mortgage fintech transforming the way people access property financing. Through its fully digital, AI-powered platform, Beeline delivers a faster, smarter path to home loans—whether for primary residences or investment properties. Headquartered in Providence, Rhode Island, Beeline is reshaping mortgage origination with speed, simplicity, and transparency at its core. The company is a wholly owned subsidiary of Beeline Holdings and also operates Beeline Labs, its innovation arm focused on next-generation lending solutions. For more information please visit: https://makeabeeline.com/

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the company’s prospective new home equity access product, the potential market for, timing, features, and demand for such product, and the benefits thereof. Forward-looking statements are prefaced by words such as “anticipate,” “expect,” “plan,” “could,” “may,” “will,” “should,” “would,” “intend,” “seem,” “potential,” “appear,” “continue,” “future,” believe,” “estimate,” “forecast,” “project,” and similar words. Forward-looking statements are based on our current expectations and assumptions regarding our business, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict. We caution you, therefore, against relying on any of these forward-looking statements. Our actual results may differ materially from those contemplated by the forward-looking statements for a variety of reasons, including, without limitation, the possibility that estimates, projections and assumptions on which the forward-looking statements are based prove to be incorrect, the ultimate interest of homeowners in unlocking liquidity and Beeline’s ability to attract homeowners, its reliance on a related party to raise capital to fund the real estate transactions and the Risk Factors contained in our Form 10-K filed April 15, 2025. Any forward-looking statement made by us in this presentation speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.

    Contact:
    ir@makeabeeline.com

    The MIL Network –

  • MIL-OSI Global: Trump’s f-bomb: a psychologist explains why the president makes fast and furious statements

    Source: The Conversation – UK – By Geoff Beattie, Professor of Psychology, Edge Hill University

    Donald Trump’s latest forthright outburst was made as part of his attempts to create a peace deal with Iran and Israel. “I’m not happy with Israel,” he told reporters on June 24. “We basically have two countries that have been fighting so long and so hard that they don’t know what the fuck they’re doing.”

    This came a day after Trump had announced a ceasefire between Israel and Iran. By the next day, the ceasefire had been violated by both Iran and Israel. Trump was clearly furious, and his language showed it.

    This was not a verbal slip – there was no immediate correction, no apology, no nonverbal indication of embarrassment. He just stormed off, clearly angry.

    This is not the kind of language that is normally associated with a president. Some have been reported to use the f-word before, but usually behind closed doors.

    Donald Trump uses the f-word in a press conference.

    We expect presidents to be calm, measured, thoughtful, considered. Trump’s comment was none of these things. Theodore Roosevelt, the 26th US president, once recommended a foreign policy strategy that was based on: “Speak softly and carry a big stick.” He was suggesting quiet menace, but Trump showed frustration, barely contained. His furious, aggressive response was like something straight out of an old psychology textbook.

    In the 1930s, psychologists developed the frustration-aggression hypothesis to explain how aggressive behaviour can arise. The hypothesis suggested that when a person’s goal is blocked in some way, it leads to frustration, which then results in aggression. Aggression was considered a “natural” way of releasing this unpleasant state of frustration. They were clearly different times.

    Over the next few decades, this hypothesis was thought by most psychologists to be a gross oversimplification of complex human behaviour. It assumed a direct causal relationship between frustration and aggression, ignoring all the other situational and cognitive factors that can intervene.

    Human beings are more complex than that, psychologists argued — they find other ways of dealing with their frustrations. They use their rational system of thought to find solutions. They don’t have to lash out when they’re frustrated in this seemingly primitive way.

    Perhaps, that’s why many people feel shocked when they watch this US president in certain situations. To many of us, it all seems so basic, so unsophisticated, so frightening.

    Fast v slow thinking

    The Nobel laureate and psychologist Daniel Kahneman, in his book Thinking Fast and Slow (2011), characterised the two systems that underpin everyday decision-making. His work may help with understanding of what’s going on here.

    He describes system one as the evolutionary, basic system. It operates unconsciously, automatically and very quickly, handling everyday tasks like reading other people’s emotions, without any effort. It is an intuitive system designed to work in a world full of approach and avoidance, scary animals and friendly animals. It is heavily reliant on affect to guide decision-making.

    In contrast, system two is slower, more deliberative. It requires conscious effort and is used for complex thinking, solving difficult problems, or making careful decisions.

    The relationship between the two systems is critical, and that may get us thinking about Trump in more detail.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Kahneman says that system one is a bit of a “workaholic”, beavering away all the time, making “suggestions” for system two to endorse. Good decisions – depend upon system two checking the suggestions of system one. But system one often jumps quickly and unconsciously to certain conclusions. System two should check them, but often doesn’t, even when it would be easy.

    Here is a well-known example. Answer the following question: “A bat and ball cost one pound ten pence, the bat costs one pound more than the ball. How much does the ball cost?”

    One answer looks blatantly obvious – but it isn’t correct. The correct answer (after a bit of thought) is five pence.

    About 80% of university students give the very quick and incorrect answer of ten pence because it “looks” right. Their system two never checked.

    In many people, it seems system two is not used nearly enough. There are striking individual differences in the way that people rely on emotion and gut instinct versus the rational system in making decisions.

    Emotional decisions?

    It appears that Trump makes decisions very quickly (classic system one), often without extensive deliberation or consultation with advisers. Both in his presidency and in his business career, he seemed to prioritise immediate action over any sort of prolonged and thoughtful analysis. That’s why he changes his mind so often.

    His decisions seem to be driven by strong emotions. His response to events, opponents and issues are often passionate and visceral. This could lead to to decisions being unduly influenced by personal feelings, first impressions based on arbitrary cues, and interpersonal perceptions, rather than anything more substantial.

    Trump’s style of decision-making emphasises immediacy and emotional conviction, which can be effective in rallying supporters and creating a sense of decisiveness. However, it also can lead to unpredictable outcomes and, as has been seen again and again, somewhat controversial, impulsive actions.

    Many suggest that Trump’s decision-making style reflects his background in the high-pressure and high-stakes world of business, where quick judgements and gut instinct can be advantageous in these sorts of competitive winner-takes-all environments

    But the world at war is a more precarious place, where system one needs to be kept more firmly in check. Gut instincts may have a role to play, but that old lazy system two needs to be more vigilant. Especially, it would seem, in Trump’s case.

    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.

    Geoff Beattie 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. Trump’s f-bomb: a psychologist explains why the president makes fast and furious statements – https://theconversation.com/trumps-f-bomb-a-psychologist-explains-why-the-president-makes-fast-and-furious-statements-259735

    MIL OSI – Global Reports –

  • MIL-OSI Global: Trump’s f-bomb: a psychologist explains why the president makes fast and furious statements

    Source: The Conversation – UK – By Geoff Beattie, Professor of Psychology, Edge Hill University

    Donald Trump’s latest forthright outburst was made as part of his attempts to create a peace deal with Iran and Israel. “I’m not happy with Israel,” he told reporters on June 24. “We basically have two countries that have been fighting so long and so hard that they don’t know what the fuck they’re doing.”

    This came a day after Trump had announced a ceasefire between Israel and Iran. By the next day, the ceasefire had been violated by both Iran and Israel. Trump was clearly furious, and his language showed it.

    This was not a verbal slip – there was no immediate correction, no apology, no nonverbal indication of embarrassment. He just stormed off, clearly angry.

    This is not the kind of language that is normally associated with a president. Some have been reported to use the f-word before, but usually behind closed doors.

    Donald Trump uses the f-word in a press conference.

    We expect presidents to be calm, measured, thoughtful, considered. Trump’s comment was none of these things. Theodore Roosevelt, the 26th US president, once recommended a foreign policy strategy that was based on: “Speak softly and carry a big stick.” He was suggesting quiet menace, but Trump showed frustration, barely contained. His furious, aggressive response was like something straight out of an old psychology textbook.

    In the 1930s, psychologists developed the frustration-aggression hypothesis to explain how aggressive behaviour can arise. The hypothesis suggested that when a person’s goal is blocked in some way, it leads to frustration, which then results in aggression. Aggression was considered a “natural” way of releasing this unpleasant state of frustration. They were clearly different times.

    Over the next few decades, this hypothesis was thought by most psychologists to be a gross oversimplification of complex human behaviour. It assumed a direct causal relationship between frustration and aggression, ignoring all the other situational and cognitive factors that can intervene.

    Human beings are more complex than that, psychologists argued — they find other ways of dealing with their frustrations. They use their rational system of thought to find solutions. They don’t have to lash out when they’re frustrated in this seemingly primitive way.

    Perhaps, that’s why many people feel shocked when they watch this US president in certain situations. To many of us, it all seems so basic, so unsophisticated, so frightening.

    Fast v slow thinking

    The Nobel laureate and psychologist Daniel Kahneman, in his book Thinking Fast and Slow (2011), characterised the two systems that underpin everyday decision-making. His work may help with understanding of what’s going on here.

    He describes system one as the evolutionary, basic system. It operates unconsciously, automatically and very quickly, handling everyday tasks like reading other people’s emotions, without any effort. It is an intuitive system designed to work in a world full of approach and avoidance, scary animals and friendly animals. It is heavily reliant on affect to guide decision-making.

    In contrast, system two is slower, more deliberative. It requires conscious effort and is used for complex thinking, solving difficult problems, or making careful decisions.

    The relationship between the two systems is critical, and that may get us thinking about Trump in more detail.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Kahneman says that system one is a bit of a “workaholic”, beavering away all the time, making “suggestions” for system two to endorse. Good decisions – depend upon system two checking the suggestions of system one. But system one often jumps quickly and unconsciously to certain conclusions. System two should check them, but often doesn’t, even when it would be easy.

    Here is a well-known example. Answer the following question: “A bat and ball cost one pound ten pence, the bat costs one pound more than the ball. How much does the ball cost?”

    One answer looks blatantly obvious – but it isn’t correct. The correct answer (after a bit of thought) is five pence.

    About 80% of university students give the very quick and incorrect answer of ten pence because it “looks” right. Their system two never checked.

    In many people, it seems system two is not used nearly enough. There are striking individual differences in the way that people rely on emotion and gut instinct versus the rational system in making decisions.

    Emotional decisions?

    It appears that Trump makes decisions very quickly (classic system one), often without extensive deliberation or consultation with advisers. Both in his presidency and in his business career, he seemed to prioritise immediate action over any sort of prolonged and thoughtful analysis. That’s why he changes his mind so often.

    His decisions seem to be driven by strong emotions. His response to events, opponents and issues are often passionate and visceral. This could lead to to decisions being unduly influenced by personal feelings, first impressions based on arbitrary cues, and interpersonal perceptions, rather than anything more substantial.

    Trump’s style of decision-making emphasises immediacy and emotional conviction, which can be effective in rallying supporters and creating a sense of decisiveness. However, it also can lead to unpredictable outcomes and, as has been seen again and again, somewhat controversial, impulsive actions.

    Many suggest that Trump’s decision-making style reflects his background in the high-pressure and high-stakes world of business, where quick judgements and gut instinct can be advantageous in these sorts of competitive winner-takes-all environments

    But the world at war is a more precarious place, where system one needs to be kept more firmly in check. Gut instincts may have a role to play, but that old lazy system two needs to be more vigilant. Especially, it would seem, in Trump’s case.

    This article features references to books that have been included for editorial reasons, and may contain links to bookshop.org. If you click on one of the links and go on to buy something from bookshop.org The Conversation UK may earn a commission.

    Geoff Beattie 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. Trump’s f-bomb: a psychologist explains why the president makes fast and furious statements – https://theconversation.com/trumps-f-bomb-a-psychologist-explains-why-the-president-makes-fast-and-furious-statements-259735

    MIL OSI – Global Reports –

  • MIL-OSI Global: The Ballad of Wallis Island is a masterpiece of the extraordinary made ordinary

    Source: The Conversation – UK – By Nicola Bishop, Academic Enhancement Lead, De Montfort University

    With The Ballad of Wallis Island, Tom Basden and Tim Key have written a poignant and comical exploration of music, loss, nostalgia and hope.

    The film has been compared to Once (2007) and Local Hero (1983), similarly low-key films that put music at the heart of quiet personal transformations. It also shares common ground with movingly situated, deliberately gently paced and panoramically shot films like The Dig (2021).

    It was made in just 18 days on a tight budget in a typical Welsh summer. A doctor was on hand to stop the actors getting hypothermia when they filmed shots in the sea. Filmed in an eclectic mausoleum of an old manor house, with a charmingly decorated coat of arms in the hallway, leaky taps and socially awkward characters, it is easy to see why romcom giant Richard Curtis called it “one of the great British films of all time”.

    The film takes place on the fictional Wallis Island, home to millionaire Charles (Tim Key), an eccentric and almost obsessive fan of former folk-rock duo McGwyer Mortimer (Herb and Nell, played by Basden and Carey Mulligan). Invited to the island to play a private gig, Herb and Nell face their musical and romantic past, all under the gaze of an ecstatic Charles.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    Pared back and slow paced, the film downplays the complex emotions at its core and leaves the audience to connect their own dots. Instead of verbose dialogue or emotional clashes it uses everyday details to encourage the audience to be observant – a two-second shot that picks out a framed picture on a sideboard, the shadow that passes over a face, a simple gesture.

    Sitting comfortably alongside these big feelings – love, loss, grief, change, nostalgia – are all of the hallmarks of a British comedy classic. Victoria Wood-esque puns (watch out for Dame Judi “Drenched”), slapstick physical gags and pop culture references keep the audience laughing without unbalancing the pathos. It is reminiscent of Wood’s sitcom Dinnerladies (1998-2000), in the breadcrumb trail of slipped in details that provide laughter in the moment but which return to make the audience think twice.

    Basden’s brilliance

    Writer and star Tom Basden has form in the sitcom world. As well as his sitcom Plebs (2013), his most recent television project, Here We Go (2022), shares many of the subtle emotional touches and casually observed titbits of everyday life.

    Here We Go is a wonderful blend of quirky British antics and emotional depth, equally aided by a stellar script and cast. Purportedly filmed as part of a media project by the youngest member of the Jessop family, and sequenced into flashbacks and forwards across several days or weeks, the episodes drip-feed humdrum details that later gain significance. And like Dinnerladies, the funniest observations are those that the audience earn, not those that are given away, by rewatching again and again.

    The trailer for The Ballad of Wallis Island.

    While Here We Go uses disordered sequencing to reveal the meaning behind tiny details, The Ballad of Wallis Island uses objects that give hints about the past. Pictures of Charles and Marie at gigs, fridge magnets of the places they visited, the ticket stumps and magazine interviews of a super-fan collector. The extraordinariness of now is rooted in the everyday of Charles’s past. Even the source of his wealth rests on a single ordinary moment that has the potential to change all of their lives.

    Key and Basden turn the complex emotions of minutia into a powerful narrative. A bar of well-used soap on the side of the bathtub, a plastic bag of 20-pence pieces, and a bowl of homemade soup become symbols of emotional connection to the story, while their everydayness stops them from feeling saccharine or soppy.

    This is, as others have called it, a nostalgic film, about loss and moving on. But it also records a present that is made up of tiny glimpses of everyday life, captured like Here We Go, against a backdrop of the familiar and the ordinary. The quietly hopeful takeaway from the film is that small gestures are as memorable as any stadium finale.

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

    – ref. The Ballad of Wallis Island is a masterpiece of the extraordinary made ordinary – https://theconversation.com/the-ballad-of-wallis-island-is-a-masterpiece-of-the-extraordinary-made-ordinary-259635

    MIL OSI – Global Reports –

  • MIL-OSI Global: The Ballad of Wallis Island is a masterpiece of the extraordinary made ordinary

    Source: The Conversation – UK – By Nicola Bishop, Academic Enhancement Lead, De Montfort University

    With The Ballad of Wallis Island, Tom Basden and Tim Key have written a poignant and comical exploration of music, loss, nostalgia and hope.

    The film has been compared to Once (2007) and Local Hero (1983), similarly low-key films that put music at the heart of quiet personal transformations. It also shares common ground with movingly situated, deliberately gently paced and panoramically shot films like The Dig (2021).

    It was made in just 18 days on a tight budget in a typical Welsh summer. A doctor was on hand to stop the actors getting hypothermia when they filmed shots in the sea. Filmed in an eclectic mausoleum of an old manor house, with a charmingly decorated coat of arms in the hallway, leaky taps and socially awkward characters, it is easy to see why romcom giant Richard Curtis called it “one of the great British films of all time”.

    The film takes place on the fictional Wallis Island, home to millionaire Charles (Tim Key), an eccentric and almost obsessive fan of former folk-rock duo McGwyer Mortimer (Herb and Nell, played by Basden and Carey Mulligan). Invited to the island to play a private gig, Herb and Nell face their musical and romantic past, all under the gaze of an ecstatic Charles.

    Looking for something good? Cut through the noise with a carefully curated selection of the latest releases, live events and exhibitions, straight to your inbox every fortnight, on Fridays. Sign up here.

    Pared back and slow paced, the film downplays the complex emotions at its core and leaves the audience to connect their own dots. Instead of verbose dialogue or emotional clashes it uses everyday details to encourage the audience to be observant – a two-second shot that picks out a framed picture on a sideboard, the shadow that passes over a face, a simple gesture.

    Sitting comfortably alongside these big feelings – love, loss, grief, change, nostalgia – are all of the hallmarks of a British comedy classic. Victoria Wood-esque puns (watch out for Dame Judi “Drenched”), slapstick physical gags and pop culture references keep the audience laughing without unbalancing the pathos. It is reminiscent of Wood’s sitcom Dinnerladies (1998-2000), in the breadcrumb trail of slipped in details that provide laughter in the moment but which return to make the audience think twice.

    Basden’s brilliance

    Writer and star Tom Basden has form in the sitcom world. As well as his sitcom Plebs (2013), his most recent television project, Here We Go (2022), shares many of the subtle emotional touches and casually observed titbits of everyday life.

    Here We Go is a wonderful blend of quirky British antics and emotional depth, equally aided by a stellar script and cast. Purportedly filmed as part of a media project by the youngest member of the Jessop family, and sequenced into flashbacks and forwards across several days or weeks, the episodes drip-feed humdrum details that later gain significance. And like Dinnerladies, the funniest observations are those that the audience earn, not those that are given away, by rewatching again and again.

    The trailer for The Ballad of Wallis Island.

    While Here We Go uses disordered sequencing to reveal the meaning behind tiny details, The Ballad of Wallis Island uses objects that give hints about the past. Pictures of Charles and Marie at gigs, fridge magnets of the places they visited, the ticket stumps and magazine interviews of a super-fan collector. The extraordinariness of now is rooted in the everyday of Charles’s past. Even the source of his wealth rests on a single ordinary moment that has the potential to change all of their lives.

    Key and Basden turn the complex emotions of minutia into a powerful narrative. A bar of well-used soap on the side of the bathtub, a plastic bag of 20-pence pieces, and a bowl of homemade soup become symbols of emotional connection to the story, while their everydayness stops them from feeling saccharine or soppy.

    This is, as others have called it, a nostalgic film, about loss and moving on. But it also records a present that is made up of tiny glimpses of everyday life, captured like Here We Go, against a backdrop of the familiar and the ordinary. The quietly hopeful takeaway from the film is that small gestures are as memorable as any stadium finale.

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

    – ref. The Ballad of Wallis Island is a masterpiece of the extraordinary made ordinary – https://theconversation.com/the-ballad-of-wallis-island-is-a-masterpiece-of-the-extraordinary-made-ordinary-259635

    MIL OSI – Global Reports –

  • MIL-OSI Global: How your gut bacteria could help detect pancreatic cancer early

    Source: The Conversation – UK – By Falk Hildebrand, Researcher in Bioinformatician, Quadram Institute

    SewCreamStudio/Shutterstock

    Whether you had breakfast this morning or not, your pancreas is working quietly behind the scenes. This vital organ produces the enzymes that help digest your food and the hormones that regulate your metabolism. But when something goes wrong with your pancreas, the consequences can be devastating.

    Pancreatic cancer has earned the grim nickname “the silent killer” for good reason. By the time most patients experience symptoms, the disease has often progressed to an advanced stage where treatment options become severely limited. In the UK alone, over 10,700 new cases and 9,500 deaths from pancreatic cancer were recorded between 2017 and 2019, with incidence rates continuing to rise.

    The most common form, pancreatic ductal adenocarcinoma (PDAC), develops in the pancreatic duct – a tube connecting the pancreas to the small intestine. When tumours form here, they can block the flow of digestive enzymes, causing energy metabolism problems that leave patients feeling chronically tired and unwell. Yet these symptoms are often so subtle that they’re easily dismissed or attributed to other causes.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    Now researchers are turning to an unexpected source for early PDAC detection: faecal samples. While analysing poo might seem an unlikely approach to cancer diagnosis, scientists are discovering that our waste contains a treasure trove of information about our health.

    This is because your gut is home to trillions of bacteria – in fact, bacterial cells in your body outnumber human cells by roughly 40 trillion to 30 trillion. These microscopic residents form complex communities that can reflect the state of your health, including the presence of disease.

    Since PDAC typically develops in the part of the pancreas that connects to the gut, and most people have regular bowel movements, stool samples provide a practical, non-invasive window into what is happening inside the body.

    Pancreatic cancer explained,

    Global evidence builds

    This innovative approach has been validated in studies across several countries, including Japan, China and Spain. The latest breakthrough comes from a 2025 international study involving researchers in Finland and Iran, which set out to examine the relationship between gut bacteria and pancreatic cancer onset across different populations.

    The researchers collected stool samples and analysed bacterial DNA using a technique called 16S rRNA gene amplicon sequencing. Despite the complex name, the principle is straightforward: scientists sequence and compare a genetic region found in every bacterium’s genome, allowing them to both identify and count different bacterial species simultaneously.

    The findings from the Finnish-Iranian study were striking. Patients with PDAC exhibited reduced bacterial diversity in their gut, with certain species either enriched or depleted compared with healthy people. More importantly, the team developed an artificial intelligence model that could accurately distinguish between cancer patients and healthy people based solely on their gut bacterial profiles.

    The field of microbiome research is evolving rapidly. While this study used amplicon sequencing, newer methods like “shotgun metagenomic sequencing” are providing even more detailed insights. This advanced technique captures the entire bacterial genome content rather than focusing on a single gene, offering an unprecedented resolution that can even detect whether bacteria have recently transferred between individuals.

    These technological advances are driving a fundamental shift in how we think about health and disease. We’re moving from a purely human-centred view to understanding ourselves as “human plus microbiome” – complex ecosystems where our bacterial partners play crucial roles in our wellbeing.

    Beyond pancreatic cancer

    The possibilities go well beyond pancreatic cancer. At Quadram, we’re applying similar methods to study colorectal cancer. We’ve already analysed over a thousand stool samples using advanced computational tools that piece together bacterial genomes and their functions from fragmented DNA. This ongoing work aims to reveal how gut microbes behave in colorectal cancer, much like other scientists have done for PDAC.

    The bidirectional interactions between cancer and bacteria are particularly fascinating – not only can certain bacterial profiles indicate disease presence, but the disease itself can alter the gut microbiome, as we previously showed in Parkinson’s disease, creating a complex web of cause and effect that researchers are still unravelling.

    Nonetheless, by understanding how our microbial partners respond to and influence disease, we’re gaining insights that could revolutionise both diagnosis and treatment. Our past research has shown this to be incredibly complex and sometimes difficult to understand, but developments in biotechnology and artificial intelligence are increasingly helping us to make sense of this microscopic world.

    For cancer patients and their families, this and other advancements in microbiome research offer hope for earlier detection. While we’re still in the early stages of translating these findings into clinical practice, the potential to catch this silent killer before it becomes deadly could transform outcomes for thousands of patients, but will require more careful and fundamental research.

    The microbial perspective on health is no longer a distant scientific curiosity – it’s rapidly becoming a practical reality that could save lives. As researchers continue to explore this inner frontier, we’re learning that the answer to some of our most challenging medical questions might be hiding in plain sight – in the waste we flush away each day.

    Falk Hildebrand receives funding from the UKRI, BBSRC, NERC and ERC.

    Daisuke Suzuki receives funding from Japan Society for the Promotion of Science.

    – ref. How your gut bacteria could help detect pancreatic cancer early – https://theconversation.com/how-your-gut-bacteria-could-help-detect-pancreatic-cancer-early-259220

    MIL OSI – Global Reports –

  • MIL-OSI Global: Some people are turning to nicotine gum and patches to treat long COVID brain fog

    Source: The Conversation – UK – By Dipa Kamdar, Senior Lecturer in Pharmacy Practice, Kingston University

    Andrey Popov/Shutterstock.com

    Some people with long COVID are turning to an unlikely remedy: nicotine gum and patches. Though typically used to quit smoking, nicotine is now being explored as a possible way to ease symptoms such as brain fog and fatigue.

    One such case, detailed in a recent article in Slate, describes a woman who found significant relief from debilitating brain fog after trying low-dose nicotine gum. Her experience, while anecdotal, aligns with findings from a small but interesting study from Germany.

    The study involved four participants suffering from symptoms related to long COVID. The researcher administered low-dose nicotine patches once daily and noticed marked improvements in the participants’ symptoms. Tiredness, weakness, shortness of breath and trouble with exercise rapidly improved – by day six at the latest.

    For those who had lost their sense of taste or smell, it took longer, but these senses came back fully within 16 days. Although it’s not possible to draw definitive conclusions on cause and effect from such a small study, the results could pave the way for larger studies.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    While some people slowly recover from COVID, others remain unwell for years, especially those who became sick before vaccines were available. Between 3% and 5% of people continue to experience symptoms months, and sometimes even years, after the initial infection. In the UK, long COVID affects around 2.8% of the population.

    Brain fog and other neurological symptoms of long COVID are thought to result from a combination of factors – including inflammation, reduced oxygen to the brain, vascular damage and disruption to the blood-brain barrier. Research continues as there is still a lot we don’t know about this condition.

    The researcher in the German study thinks that long COVID symptoms, such as fatigue, brain fog and mood changes, might partly be due to problems with a brain chemical called acetylcholine, a neurotransmitter. This chemical is important for many functions in the body, including memory, attention and regulating mood.

    Normally, acetylcholine works by attaching to special “docking sites” on cells called nicotinic acetylcholine receptors, which help send signals in the brain and nervous system. But the COVID virus may interfere with these receptors, either by blocking them or disrupting how they work. When this happens, the brain may not be able to send signals properly, which could contribute to the mental and physical symptoms seen in long COVID.

    So why would nicotine potentially be useful? Nicotine binds to the same receptors and might help restore normal signalling, but the idea that it displaces the virus directly is still speculative.

    Nicotine is available in different forms, such as patches, gum, lozenges and sprays. Using nicotine through the skin, for example, with a patch, keeps the amount in the blood steady without big spikes. Because of this, people in the study didn’t seem to develop a dependence on it.

    Chewing nicotine gum or using a lozenge can cause spikes in nicotine levels, since the nicotine is absorbed gradually through the lining of the mouth. But unlike a patch, which delivers a steady dose, the user has more control over how much nicotine they take in when using gum or lozenges.

    There are mixed results on the effectiveness of nicotine on cognitive functions such as memory and concentration. But most studies agree that it can enhance attention. Larger studies are needed to gauge the effectiveness of nicotine specifically for long COVID symptoms.

    An estimated 2.8% of people in the UK have long COVID.
    Chaz Bharj/Shutterstock.com

    Not without risks

    Despite its benefits, nicotine is not without risks. Even in gum or patch form, it can cause side-effects like nausea, dizziness, increased heart rate and higher blood pressure.

    Some of these stimulant effects on heart rate may be useful for people with long COVID symptoms such as exercise intolerance. But this needs to be closely monitored. Long-term use may also affect heart health. For non-smokers, the risk of developing a nicotine dependency is a serious concern.

    So are there any options to treat long COVID symptoms?

    There are some studies looking at guanfacine in combination with N-acetylcysteine, which have shown improvement in brain fog in small groups of people. There has been at least one clinical trial exploring nicotine for mild cognitive impairment in older adults, though not in the context of long COVID. Given that anecdotal reports and small studies continue to draw attention, it is likely that targeted trials are in development.

    The main recommendations by experts are to implement lifestyle measures. Slowly increasing exercise, having a healthy diet, avoiding alcohol, drugs and smoking, sleeping enough, practising mindfulness and doing things that stimulate the brain are all thought to help brain fog.

    For those grappling with long COVID or persistent brain fog, the idea of using nicotine patches or gum might be tempting. But experts caution against self-medicating with nicotine. The lack of standardised dosing and the potential for addiction and unknown long-term effects make it a risky experiment.

    While nicotine isn’t a cure and may carry real risks, its potential to ease long COVID symptoms warrants careful study. For now, those battling brain fog should approach it with caution – and always under medical supervision. What’s clear, though, is the urgent need for more research into safe, effective treatments for the lingering effects of COVID.

    Dipa Kamdar 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. Some people are turning to nicotine gum and patches to treat long COVID brain fog – https://theconversation.com/some-people-are-turning-to-nicotine-gum-and-patches-to-treat-long-covid-brain-fog-259093

    MIL OSI – Global Reports –

  • MIL-OSI Global: Iran’s history has been blighted by interference from foreign powers

    Source: The Conversation – UK – By Simin Fadaee, Senior Lecturer in Sociology, University of Manchester

    Iranians commemorate the 1979 revolution in Qom, central Iran. Mostafameraji via Wikimedia Commons, CC BY-NC-SA

    Israel’s recent surprise attack on Iran was ostensibly aimed at neutralising Iran’s nuclear programme, but it didn’t just damage nuclear installations. It killed scientists, engineers and senior military personnel.

    Meanwhile, citizens with no ties to the government or military, became “collateral damage”. For 11 days, Israel’s attacks intensified across Tehran and other major cities.

    When the US joined the attack, dropping its bunker-buster bombs on sites in central Iran on June 21, it threatened to push the region closer to large-scale conflict. Israel’s calls for regime change in Iran were joined by the US president, Donald Trump, who took to social media on June 22 with the message: “if the current Iranian Regime is unable to MAKE IRAN GREAT AGAIN, why wouldn’t there be a Regime change??? MIGA!!!”

    Trump’s remarks are reminders of past US interventions. The threat of regime change by the most powerful state in the world carries particular weight in Iran, where memories of foreign-imposed coups and covert operations remain vivid and painful.

    Get your news from actual experts, straight to your inbox. Sign up to our daily newsletter to receive all The Conversation UK’s latest coverage of news and research, from politics and business to the arts and sciences.

    In the early 1890s, Iran was rocked by a popular uprising after the shah granted a British company exclusive rights to the country’s tobacco industry. The decision was greeted with anger and in 1891 the country’s senior cleric, Grand Ayatollah Mirza Shirazi, issued a fatwa against tobacco use.

    A mass boycott ensued – even the shah’s wives reportedly gave up the habit. When it became clear that the boycott was going to hold, the shah cancelled the concession in January 1892. It was a clear demonstration of people power.

    This event is thought to have played a significant role in the development of the revolutionary movement that led to the Constitutional Revolution that took place between 1905 and 1911 and the establishment of a constitution and parliament in Iran.

    Rise of the Pahlavis

    Reza Shah, who founded the Pahlavi dynasty – which would be overthrown in the 1979 revolution and replaced by the Islamic Republic – rose to power following a British-supported coup in 1921.

    Autocrat: Mohammad Reza Pahlavi.

    During the first world war, foreign interference weakened Iran and the ruling Qajar dynasty. In 1921, with British support, army officer Reza Khan and politician Seyyed Ziaeddin Tabatabaee led a coup in Tehran. Claiming to be acting to save the monarchy, they arrested key opponents. By 1923, Reza Khan had become prime minister.

    In 1925, Reza Khan unseated the Qajars and founded the Pahlavi dynasty, becoming Reza Shah Pahlavi. This was a turning point in Iran’s history, marking the start of British dominance. The shah’s authoritarian rule focused on centralisation, modernisation and secularisation. It set the stage for the factors that would that eventually lead to the 1979 Revolution.

    In 1941, concerned at the close relationship Pahlavi had developed with Nazi Germany, Britain and its allies once again intervened in Iranian politics, forcing Pahlavi to abdicate. He was exiled to South Africa and his 22-year-old son, Mohammad Reza, was named shah in his place.

    The 1953 coup

    Mohammad Mosaddegh became Iran’s first democratically elected prime minister in 1951. He quickly began to introduce reforms and challenge the authority of the shah. Despite a sustained campaign of destabilisation, Mossadegh retained a high level of popular support, which he used to push through his radical programme. This included the nationalisation of Iran’s oil industry, which was effectively controlled by the Anglo-Persian Oil Company – later British Petroleum (BP).

    Mohammad Mosaddegh in court martial by Ebrahim Golestan.
    Ebrahim Golestan via Wikimedia Commons

    In 1953, he was ousted in a CIA and MI6-backed coup and placed under house arrest. The shah, who had fled to Italy during the unrest, returned to power with western support.

    Within a short time, Mohammad Reza Shah Pahlavi established an authoritarian regime that governed through repression and intimidation. He outlawed all opposition parties, and numerous activists involved in the oil nationalisation movement were either imprisoned or forced into exile.



    Read more:
    Iran’s long history of revolution, defiance and outside interference – and why its future is so uncertain

    The 1979 revolution: the oppression continues

    The shah’s rule became increasingly authoritarian and was also marked by the lavish lifestyles of the ruling elite and increasing poverty of the mass of the Iranian people. Pahlavi increasingly relied on his secret police, the Bureau for Intelligence and Security of the State.

    Meanwhile, a scholar and Islamic cleric named Ruhollah Khomeini, had been rising in prominence especially after 1963, when Pahlavi’s unpopular land reforms mobilised a large section of society against his rule. His growing prominence brought him into confrontation with the government and in 1964 he was sent into exile. He remained abroad, living in Turkey, Iraq and France.

    By 1964 cleric Ruhollah Khomeini had become the focus for some anti-government protests in Iran.
    emam.com via Wikimedia Commons

    By 1978 a diverse alliance primarily made up of urban working and middle-class citizens had paralysed the country. While united in their resistance to the monarchy, participants were driven by a variety of ideological beliefs, including socialism, communism, liberalism, secularism, Islamism and nationalism. The shah fled into exile on January 16 1979 and Khomeini returned to Iran, which in March became an Islamic Republic with Khomeini at its head.

    But the US was not finished in its attempts to destabilise Iran. In 1980, Washington backed Saddam Hussein in initiating a brutal eight-year war, which claimed hundreds of thousands of Iranian lives and severely disrupted the country’s efforts at political and economic reconstruction.

    Iran and the US have remained bitter foes. Over the years ordinary Iranians have suffered tremendously under rounds of US-imposed sanctions, which have all but destroyed the economy in recent years.

    This new wave of foreign aggression has arrived at a time of significant domestic unrest within Iran. Since the Woman, Life, Freedom protests, which began in September 2022 after the death of Mahsa Amini at the hands of the morality police, there has been a general groundswell of demand for social justice and democracy.

    But the convergence of external aggression and internal demands has brought national sovereignty and self-determination to the forefront, as it did during previous major struggles. While world powers gamble with Iran’s future, it is the Iranian people through their struggles and unwavering push for justice and democracy who must determine the country’s future.

    Simin Fadaee 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. Iran’s history has been blighted by interference from foreign powers – https://theconversation.com/irans-history-has-been-blighted-by-interference-from-foreign-powers-259700

    MIL OSI – Global Reports –

  • MIL-OSI Global: Why there’s a growing backlash against plant-based diets

    Source: The Conversation – UK – By Jonathan Beacham, Research Fellow, University of Bristol Business School, University of Bristol

    Geinz Angelina/Shutterstock

    People in the UK are eating too much meat – especially processed meat – according to a recent report from the Food Foundation, a UK charity.

    The report recommends revisiting school food standards, which advises schools to serve meat three times a week. The consequence? Children often eat a higher proportion of processed meat than adults.

    The effects of meat-heavy diets are well documented. Some analyses estimate that overconsumption of meat, especially processed red meat, costs the global economy around £219 billion annually, in terms of harms to human health and the environment. At the same time, a growing body of evidence shows that a transition toward more plant-based diets is not just beneficial, but essential.

    And yet efforts to reduce meat consumption haven’t always been well received. In Paris, for instance, the mayor’s initiative to remove meat from municipal canteen menus twice a week triggered an angry backlash from unions and workers who called for the return of steak frites.

    A few years ago, meat consumption in the UK was falling, and interest in initiatives like Veganuary was surging. Venture capital flooded into plant-based startups, from cricket burgers to hemp milk.

    But enthusiasm, and investment, has since declined. Meanwhile, populism and “culture war” narratives have fuelled social media misinformation about food, diet and sustainability, hampering progress. So what has changed? And why is meat once again a flashpoint in the food debate?

    Working with the H3 Consortium, which explores pathways to food system transformation in the UK, our research has focused on why the backlash against plant-based diets is growing and what it means for people, animals and the planet.

    Part of the answer lies in coordinated messaging campaigns that frame meat and dairy not just as “normal” but as “natural” and essential to a balanced diet. One example is the Let’s Eat Balanced campaign, run by the Agriculture and Horticulture Development Board since 2021. It promotes meat and dairy as key sources of micronutrients such as Vitamin B12 and implicitly positions plant-based diets as nutritionally inadequate.

    But here’s the irony: many intensively farmed animals don’t get B12 from their diet naturally. Their feed is supplemented with vitamins and minerals, just as vegan diets are supplemented. So is meat really a more “natural” source of B12 than a pill?

    That raises a broader question: what could a fair and sustainable transition to plant-based protein look like – not just for consumers, but for farmers and rural communities? Some analyses warn that rapid shifts in land use toward arable farming could have serious unintended consequences, such as disrupting rural economies and threatening livelihoods.

    There are also legitimate questions about the healthiness of meat and dairy alternatives. Despite the early hype around alternative proteins, many products fall under the category of ultra-processed foods (UPFs) – a red flag for consumers wary of additives and artificial ingredients.

    The popularity of books like Chris van Tulleken’s Ultra-Processed People has stoked concerns about emulsifiers, ingredients used to bind veggie burgers or prevent vegan milk from curdling, and some headlines have asked whether they “destroy” our gut health.

    Still, it’s a leap to suggest that conventional red meat is the healthier alternative. The health risks of processed meat are well established, especially the carcinogenic effects of nitrites used to keep meat looking fresh in packaging.

    Some people suggest eating chicken instead of read meat because it produces less greenhouse gas. But raising chickens also causes problems, like pollution from chicken manure that harms rivers, and it depends a lot on soy feed, which can be affected by political and trade issues.

    There’s a strong case for reducing meat consumption, and the scientific evidence to support it is robust. But understanding the backlash against plant-based eating is essential if we want to make meaningful progress. For now, meat is not disappearing from our diets. In fact, the food fight may be just getting started.

    Jonathan Beacham receives funding from the UKRI Strategic Priorities Fund (grant ref: BB/V004719/1).

    David M. Evans receives funding from the UKRI Strategic Priorities Fund (grant ref: BB/V004719/1). He is affiliated with Defra (the Department of Environment, Food and Rural Affairs) as a member of their Social Science Expert Group.

    – ref. Why there’s a growing backlash against plant-based diets – https://theconversation.com/why-theres-a-growing-backlash-against-plant-based-diets-259455

    MIL OSI – Global Reports –

  • MIL-OSI China: Xinhua Commentary: Taiwan leader’s distorted view of history destined for dustbin

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

    Taiwan leader Lai Ching-te has once again exposed his separatist intentions — this time by twisting history to fit a narrative divorced from fact and steeped in distortion and deceit.

    In the first of a planned series of speeches, Lai delivered not a reflection of historical truth but a calculated mix of falsehoods and misinterpretations crafted to advance his political agenda to seek “Taiwan independence.”

    The historical record is clear: the island’s bond with the Chinese mainland are deeply rooted and amply evidenced. Most of the island’s population, including its ethnic minorities, are descendants of migrants from the Chinese mainland over successive periods.

    Numerous historical records and documents have chronicled the development of Taiwan by the Chinese people, with the earliest accounts tracing back to the Three Kingdoms period (220-280). Starting from the Song and Yuan dynasties (960-1368), the central governments of China all set up administrative bodies to exercise jurisdiction over Taiwan.

    In 1624, Dutch colonialists invaded and occupied the southern part of Taiwan. In 1662, Zheng Chenggong, a general of the Ming Dynasty (1368-1644), led an expedition and expelled the Dutch colonizers from Taiwan.

    The subsequent Qing Dynasty (1644-1911) also set up administrative bodies in Taiwan. In 1684, a Taiwan prefecture administration was set up under the jurisdiction of Fujian Province. In 1885, Taiwan’s status was upgraded to a province of China.

    While Taiwan has its own historical trajectory, it has never existed as a country separate from China. Lai, however, went so far as to claim that China only began its relationship with Taiwan in the late Ming and early Qing dynasties, falsely equating Zheng Chenggong’s reclaiming of Taiwan and the Qing Dynasty’s governance with foreign occupations by the Dutch and Spanish colonists.

    One must not forget that people on both sides of the Taiwan Strait have long stood shoulder to shoulder in the face of foreign aggression. For instance, after the outbreak of the Chinese People’s War of Resistance Against Japanese Aggression in the 1930s, at least 50,000 people from Taiwan joined their mainland compatriots in fighting the Japanese invasion, driven by the belief that “to save Taiwan, one must first save the motherland.”

    The courage and sacrifices of the people in Taiwan in resisting foreign aggression are part of the shared memory of the Chinese nation. Yet Lai has sought to reframe this legacy as “Taiwanese defending their own country,” distorting historical truth to advance his “Taiwan independence” narrative.

    As many in Taiwan have noted, Lai’s remarks were riddled with hollow slogans, fragmented history, and a worldview increasingly detached from reality. By distorting historical truth and repackaging it into a fabricated narrative, Lai sought to stir confrontation, deepen social rifts, and deploy historical distortion as political propaganda to mobilize public sentiment and tighten his grip on power.

    But fabricated claims that run counter to history, reality and legal principles will never stand the test of time. Lai’s separatist remarks are destined to be swept into the dustbin of history.

    MIL OSI China News –

  • MIL-OSI China: SpaceX launches Axiom-4 astronaut mission to Int’l Space Station

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

    A SpaceX Falcon 9 rocket lifted off from Launch Complex 39A at NASA’s Kennedy Space Center in Florida at 2:31 a.m. local time (0631 GMT) Wednesday, beginning Axiom Mission 4, the fourth private astronaut flight to the International Space Station (ISS).

    About eight minutes later, the reusable first-stage booster touched down at Landing Zone 1 on Cape Canaveral, completing its descent at 200 meters per second in a pinpoint landing, according to SpaceX.

    The Dragon spacecraft is scheduled to dock with the ISS around 7 a.m. EDT (1100 GMT) Thursday after a 30-hour orbital chase. The four-person crew will spend up to 14 days in orbit conducting science, outreach and commercial demonstrations, NASA said.

    Former NASA astronaut Peggy Whitson, who has spent 675 days in space, commands the mission. She is joined by pilot Group Captain Shubhanshu Shukla of the Indian Space Research Organization (ISRO), European Space Agency project astronaut Slawosz Uznanski-Wisniewski of Poland, and Hungarian to Orbit (HUNOR) astronaut Tibor Kapu of Hungary.

    “With a culturally diverse crew, we are not only advancing scientific knowledge but also fostering international collaboration,” Whitson said in a statement released by Houston-based Axiom Space.

    The flight marks the first government-backed orbital mission for India, Poland and Hungary in more than four decades. NASA Acting Administrator Janet Petro said the launch underscored the “long history of cooperation” between NASA and Russia’s Roscosmos on the ISS, following recent repairs to the station’s Russian segment, according to a NASA media advisory.

    Axiom Space said the astronauts will conduct about 60 experiments representing 31 countries — the most attempted on any Axiom mission. Projects include radiation-tolerant electronics and student-designed physics demonstrations streamed live to classrooms worldwide.

    After the mission, the Dragon spacecraft will undock and aim for a splashdown in the Atlantic Ocean off the Florida coast, returning scientific samples to Earth.

    MIL OSI China News –

  • MIL-OSI China: Sri Lanka to enforce strict ban on child begging

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

    The Sri Lankan government announced Wednesday that it will begin strictly enforcing laws prohibiting the use of children under 16 for begging and street vending, and will also crack down on the employment of children aged 16 to 18 in hazardous jobs and as domestic workers, starting July 1, 2025.

    According to a statement from the Department of Government Information, under the Children’s Rights Ordinance, anyone under 18 years old is considered a child, and children make up about 30 percent of Sri Lanka’s total population.

    Recent statistics indicate that some children are forced into various forms of labor, becoming street children due to human trafficking, the statement said.

    In response, the Cabinet of Ministers has approved measures to strictly enforce existing laws against child labor and begging. The government also plans to raise public awareness about these issues through a public education campaign, the statement said. 

    MIL OSI China News –

  • MIL-OSI China: Bangladesh reaffirms commitment to reducing plastic pollution

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

    The World Environment Day was observed on Wednesday in Bangladesh with a fresh vow to reducing plastic pollution, protecting nature, promoting biodiversity and safeguarding the environment.

    Various public, private organizations and political parties hosted conferences, seminars, marches and walks to mark the day in Dhaka and elsewhere in the country.

    National newspapers in Bangladesh published special supplements marking the day.

    This year, the theme of the day is “Ending Plastic Pollution,” which emphasizes the urgent need to address the pervasive problem of plastic pollution.

    The main program of the day was held at the Bangladesh-China Friendship Conference Center in Dhaka, with the Bangladeshi interim government’s Chief Adviser Muhammad Yunus inaugurating the event.

    Yunus also inaugurated the Environment Fair 2025 and the National Tree Plantation Campaign and Tree Fair 2025 at the function.

    Speaking at the day’s main event, Yunus urged all to avoid the use of plastic items to protect the environment and planet.

    “If we do not change our lifestyle, our defeat to plastic is obvious,” he said, adding that humans are destroying nature, but they could not realize that nature also has a destructive mode.

    Highlighting the adverse impacts of plastic on the planet, he said the plastic is accelerating climate crises, natural disasters and biodiversity destruction.

    Issuing an appeal to the countrymen to stop one-time plastic use, he said they should make the decision to gradually prevent plastic use.

    Terming the plastic a poison to the world and all living things, the chief adviser said the use of this poison is increasing gradually with the rise of population.

    In addition to carrying out the tree plantation campaign, the chief adviser suggested launching a Stop Tree Felling Campaign aiming to protect the environment and nature in the country. 

    MIL OSI China News –