Home » Latest News » Longport car park set for resurfacing, trees, bike parking facilities and more
As part of our Canterbury Connected project, paid for from government money, we are improving some of our car parks to make them more welcoming.
Longport car park is next to see some action. This currently understated car park next to a World Heritage Site is in need of some TLC so it is more in keeping with its location and environment.
The site will be fully resurfaced and relined, trees and a hedge will be added, cycle parking and storage will be installed and visitor welcome information will be provided.
Work will start next Monday (16 June) and will take around eight weeks. Part of the car park will be closed initially and then we will move to a period of full closure from Monday 7 July for the resurfacing and relining.
We apologise in advance for any disruption this work will cause but believe the end result of creating a better welcome in this important area of the city will be well worth it.
Health Minister, Dr Aaron Motsoaledi, has praised the adoption of the Pandemic Agreement during the 4th Health Working Group meeting of the Group of 20 (G20) held in Johannesburg.
This significant international treaty, supported by 124 member states on 20 May 2025, is only the second international health treaty approved by the World Health Organisation (WHO) since its establishment in 1948.
The agreement’s adoption follows three years of intensive negotiation launched due to gaps and inequities identified in the national and global COVID-19 response.
It aims to boost global collaboration to ensure a stronger, more equitable response to future pandemics.
Delivering the welcome address on Tuesday morning, Motsoaledi celebrated the momentous achievement and emphasised the importance of collective action in ensuring global health security.
“Your presence here today is a testament to our collective commitment to global health security,” he said.
Motsoaledi stated that the agreement results from the diligent efforts of the Intergovernmental Negotiating Body (INB), which was established to develop a legally binding framework for pandemic prevention, preparedness, and response.
“The stark lessons of the COVID-19 crisis fuelled our collective resolve to forge a more robust and equitable framework, one that ensures international cooperation and protects all nations from the devastating impact of future pandemics,” the Minister told the attendees.
South Africa, playing a pivotal leadership role as a co-chair of the INB, worked alongside partners from France and the Netherlands, while acknowledging contributions from vice-chairs representing Brazil, Thailand, Egypt, and New Zealand.
The Minister stated that the four key pillars of the agreement are designed to fundamentally transform the global response to health emergencies.
The agreement emphasises the importance of equitable access to pandemic-related health products, the establishment of a global supply chain and logistics network, and the creation of a coordinating financial mechanism to strengthen pandemic response capabilities.
In addition, the agreement highlights a holistic “One Health” approach, which stresses the connections between human, animal, and environmental health, which is now a central focus of global pandemic strategies.
The Minister said the agreement incorporates a Pathogen Access and Benefit-Sharing (PABS) system, requiring pharmaceutical companies to contribute 20% of production during pandemics in exchange for access to critical pathogen data.
This mechanism aims to ensure that all nations benefit from scientific advancements, especially in times of crisis.
“As an active participant and representative member for the African region, I can say with certainty that we see this agreement as a crucial step towards rectifying the deep-seated imbalances in access to life-saving pandemic products that were so painfully exposed during the recent crisis.”
Although Motsoaledi has acknowledged the agreement’s adoption as a significant success, there is still much work ahead.
“While we celebrate the adoption of the Pandemic Agreement, our work is far from over. We are now entering a critical new phase.”
He urged immediate engagement in further discussions regarding the PABS system, to convene the Intergovernmental Working Group before 15 July 2025.
“Finalising a robust and equitable PABS annex is the ultimate litmus test of our collective commitment. It is the essential next step to transform the Pandemic Agreement from a document of principles into a functional, life-saving tool for justice and our shared global health security.”
He has since called for continued collaboration and commitment to safeguarding global health for everyone.
This important week-long meeting began this morning and will conclude on Friday, 13 June 2025.
The event brings together health leaders, experts, and policymakers from the world’s largest economies, invited nations, and international organisations. – SAnews.gov.za
South Africa is closely monitoring the emergence of a new COVID-19 variant, known as Nimbus or NB.1.8.1, associated with a rise in cases in certain regions of Asia.
This is according to Health Minister Dr Aaron Motsoaledi, who addressed the 4th Health Working Group meeting of the Group of 20 (G20), which is underway in Johannesburg.
Motsoaledi said the World Health Organisation (WHO) has designated this “a variant under monitoring” due to its growing presence.
India is the latest country to experience a surge in new COVID-19 cases due to the emergence of the new variant, NB.1.8.1.
According to the Independent, infections have been confirmed in several Asian countries, including Thailand, Indonesia and China.
In addition, the United Kingdom Health Security Agency reported the first 13 cases of this variant in England last week.
“I wish to reassure this esteemed gathering that South Africa has robust surveillance systems in place.
“Our National Institute for Communicable Diseases (NICD) manages a comprehensive sentinel surveillance programme that systematically tests for key respiratory viruses, including SARS-CoV-2, influenza, and RSV. Currently, our data show very low SARS-CoV-2 activity,” Motsoaledi explained.
South Africa is currently experiencing a seasonal rise in influenza, but the country is well-prepared to manage the situation, he said.
“Crucially, the new variant remains a descendant of the Omicron lineage. This means that current recommendations for updated SARS-CoV-2 vaccines are still effective. Therefore, at this stage, no specific new public health actions are required from the public.”
Motsoaledi said government continues to promote good hygiene practices, including handwashing, covering coughs, and staying home when feeling unwell.
“These simple measures are effective in reducing the spread of all respiratory illnesses. We will continue to monitor the situation closely through our established networks and will report any significant changes.”
Meanwhile, he called on the attendees of the meeting to work together with “renewed urgency and unwavering resolve”.
“Let us build a future where solidarity, equity, and cooperation are the cornerstones of our global health architecture.”
The week-long Health Working Group meeting began on Tuesday and will conclude on Friday.
It brings together health leaders, experts, and policymakers from the world’s largest economies, invited nations, and international organisations.
The plenary sessions will build on lessons learned from the COVID-19 pandemic and address ongoing barriers to accessing countermeasures, particularly in low- and middle-income countries.
There will be a focus on prioritising the expansion of local and regional manufacturing capacity, especially in regions like Africa.
Delegates will also explore opportunities for technology transfer, sustainable financing, and regulatory alignment to ensure timely and equitable access to life-saving tools during health emergencies. – SAnews.gov.za
As winter’s chill sets in, communities across the North West are urged to stay vigilant amid severe weather and strong, fire-spreading winds.
“Freezing weather is upon us and an increasing dependence on indoor heating techniques like paraffin stoves, heaters and open fires are likely to be the order of the day,” the North West Provincial Government (NWPG) said in a statement.
The provincial government is urging community members to exercise extreme caution to avoid disastrous domestic and wildfires.
The South African Weather Service (SAWS) has reported that cold weather will continue in the coming days, bringing a mix of snowfall at higher elevations, strong winds, severe thunderstorms, and extremely low daytime temperatures.
The SAWS has issued level 9 warning in the Eastern Cape and levels 5 and 6 warning for certain areas in KwaZulu-Natal for Tuesday.
In addition, the N2 highway has been closed in the southern regions of KwaZulu-Natal due to snowfall, as adverse weather conditions persist in parts of the province.
Families are encouraged not to leave children unattended near open flames or heating devices, and to practice safe fire behaviours during the winter season.
“These conditions significantly increase the potential for uncontrolled fires, both in domestic settings and across open velds.
“Strong winds, in particular, can propel and rapidly spread veld fires, putting lives, property, and natural ecosystems at great risk.”
In addition, the provincial government cautioned that using heating appliances and open flames indoors during extremely cold weather often leads to accidental domestic fires, particularly in informal settlements.
Residents and communities are encouraged to take additional precautions during this winter season and to follow these guidelines:
Avoid leaving fires, candles, or stoves unattended.
Use heating appliances safely and keep them away from flammable materials.
Do not start fires in open areas, especially on dry, windy days.
Report any signs of veld fires immediately to local disaster management or emergency services.
Meanwhile, disaster management teams led by the Provincial Disaster Management Centre are on high alert and ready to respond to any eventuality.
“Let us all do our part to stay warm and safe and protect our communities from unnecessary fire disasters this winter.” – SAnews.gov.za
Public Works Deputy Minister Sihle Zikalala has, during a media briefing on Tuesday, set the record straight regarding the appointment of the Independent Development Trust (IDT) Chief Executive Officer, Tebogo Malaka.
The Deputy Minister said he had noted with “deep concern” media articles which appear to have been deliberately planted and arranged to defame and tarnish his image, disguised as concerns about issues of governance in the IDT.
The IDT is a Schedule 2 State-owned entity, which manages the implementation and delivery of critically needed social infrastructure programmes on behalf of government. It reports to the Minister of Public Works and Infrastructure, who is the shareholder representative.
Addressing the media in Pretoria, the Deputy Minister explained that when he was appointed as Minister in March 2023, the appointment of the CEO had already been processed by the IDT Board with the concurrence received from his predecessor.
He said the recommendation to appoint Malaka as CEO had already been submitted to Cabinet for final processing when he joined the department.
“As the Minister, I withdrew the matter due issues that were emerging at the time about the entity and had to deal with the issues of due diligence,” Zikalala said.
He added that also informing his decision to withdraw the matter were allegations related to the office lease at the IDT, which was an issue that had been in the public domain long before his arrival in the department.
“I had to ensure that there is no conflict of interest. During the period of my arrival at the department, I found the IDT plagued by challenges and infighting among the board members, which defocussed the entity from its primary mandate of delivering social infrastructure to communities,” Zikalala said.
According to the Deputy Minister, at the time of his appointment as Minister, there were serious concerns about governance affairs of the IDT.
“As Minister at the time, I held a number of meetings to refocus the board to its governance and fiduciary duties, these efforts to focus the board on governance issues did not yield expected results.
“I am the first Minister to task the board of the IDT to investigate the matter of the office lease and to give a report after six months,” Zikalala said.
The Minister said he was committed to serving with integrity, transparency and accountability. – SAnews.gov.za
In the face of US President Donald Trump’s wavering commitments and Russian President Vladimir Putin’s inscrutable ambitions, the talk in European capitals is all about rearmament.
To that end, the European Commission has put forward an €800 billion spending scheme designed to “quickly and significantly increase expenditures in defence capabilities”, in the words of Commission President Ursula von der Leyen.
But funding is only the first of many challenges involved when pursuing military innovation. Ramping up capabilities “quickly and significantly” will prove difficult for a sector that must keep pace with rapid technological change.
Of course, defence firms don’t have to do it alone: they can select from a wide variety of potential collaborators, ranging from small and medium-sized enterprises (SMEs) to agile start-ups. Innovative partnerships, however, require trust and a willingness to share vital information, qualities that appear incompatible with the need for military secrecy.
That is why rearming Europe requires a new approach to secrecy.
A paper I co-authored with Jonathan Langlois of HEC and Romaric Servajean-Hilst of KEDGE Business School examines the strategies used by one leading defence firm (which we, for our own secrecy-related reasons, renamed “Globaldef”) to balance open innovation with information security. The 43 professionals we interviewed – including R&D managers, start-up CEOs and innovation managers – were not consciously working from a common playbook. However, their nuanced and dynamic approaches could serve as a cohesive role model for Europe’s defence sector as it races to adapt to a changing world.
How flexible secrecy enables innovation
Our research took place between 2018 and 2020. At the time, defence firms looked toward open innovation to compensate for the withdrawal of key support. There was a marked decrease in government spending on military R&D across the OECD countries. However, even though the current situation involves more funding, the need for external innovation remains prevalent to speed up access to knowledge.
When collaborating to innovate, firms face what open innovation scholars have termed “the paradox of openness”, wherein the value to be gained by collaborating must be weighed against the possible costs of information sharing. In the defence sector – unlike, say, in consumer products – being too liberal with information could not only lead to business losses but to grave security risks for entire nations, and even prosecution for the executives involved.
Although secrecy was a constant concern, Globaldef’s managers often found themselves in what one of our interviewees called a “blurred zone” where some material could be interpreted as secret, but sharing it was not strictly off-limits. In cases like these, opting for the standard mode in the defence industry – erring on the side of caution and remaining tight-lipped – would make open innovation impossible.
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Practices that make collaboration work
Studying transcripts of more than 40 interviews along with a rich pool of complementary data (emails, PowerPoint presentations, crowdsourcing activity, etc.), we discerned that players at Globaldef had developed fine-grained practices for maintaining and modulating secrecy, even while actively collaborating with civilian companies.
Our research identifies these practices as either cognitive or relational. Cognitive practices acted as strategic screens, masking the most sensitive aspects of Globaldef’s knowledge without throttling information flow to the point of preventing collaboration.
Depending on the type of project, cognitive practices might consist of one or more of the following:
Encryption: relabelling knowledge components to hide their nature and purpose.
Obfuscation: selectively blurring project specifics to preserve secrecy while recruiting partners.
Simplification: blurring project parameters to test the suitability of a partner without revealing true constraints.
Transposition: transferring the context of a problem from a military to a civilian one.
Relational practices involved reframing the partnership itself, by selectively controlling the width of the aperture through which external parties could view Globaldef’s aims and project characteristics. These practices might include redirecting the focus of a collaboration away from core technologies, or introducing confidentiality agreements to expand information-sharing within the partnership while prohibiting communication to third parties.
When to shift strategy in defence projects
Using both cognitive and relational practices enabled Globaldef to skirt the pitfalls of its paradox. For example, in the early stages of open innovation, when the firm was scouting and testing potential partners, managers could widen the aperture (relational) while imposing strict limits on knowledge-sharing (cognitive). They could thereby freely engage with the crowd without violating Globaldef’s internal rules regarding secrecy.
As partnerships ripened and trust grew, Globaldef could gradually lift cognitive protections, giving partners access to more detailed and specific data. This could be counterbalanced by a tightening on the relational side, eg requiring paperwork and protocols designed to plug potential leaks.
As we retraced the firm’s careful steps through six real-life open innovation partnerships, we saw that the key to this approach was in knowing when to transition from one mode to the other. Each project had its own rhythm.
For one crowdsourcing project, the shift from low to high cognitive depth, and high to low relational width, was quite sudden, occurring as soon as the partnership was formalised. This was due to the fact that Globaldef’s partner needed accurate details and project parameters in order to solve the problem in question. Therefore, near-total openness and concomitant confidentiality had to be established at the outset.
In another case, Globaldef retained the cognitive blinders throughout the early phase of a partnership with a start-up. To test the start-up’s technological capacities, the firm presented its partner with a cognitively reframed problem. Only after the partner passed its initial trial was collaboration initiated on a fully transparent footing, driven by the need for the start-up to obtain defence clearance prior to co-developing technology with Globaldef.
How firms can lead with adaptive secrecy
Since we completed and published our research, much has changed geopolitically. But the high-stakes paradox of openness is still a pressing issue inside Europe’s defence firms. Managers and executives are no doubt grappling with the evident necessity for open innovation on the one hand and secrecy on the other.
Our research suggests that, like Globaldef, other actors in Europe’s defence sector can deftly navigate this paradox. Doing so, however, will require employing a more subtle, flexible and dynamic definition of secrecy rather than the absolutist, static one that normally prevails in the industry. The defence sector’s conception of secrecy must also progress from a primarily legal to a largely strategic framework.
Sihem BenMahmoud-Jouini ne travaille pas, ne conseille pas, ne possède pas de parts, ne reçoit pas de fonds d’une organisation qui pourrait tirer profit de cet article, et n’a déclaré aucune autre affiliation que son organisme de recherche.
On June 9, the Madleen, a UK-flagged civilian ship carrying humanitarian aid to Gaza, was stopped by Israeli forces in international waters, about 200 kilometres off the coast.
The Freedom Flotilla Coalition had organised the voyage, setting sail from Sicily on June 1. The vessel’s 12 passengers included climate activist Greta Thunberg, European Parliament member Rima Hassan, two French journalists and several other activists from around the world.
The Israeli military boarded the ship and diverted it to the Israeli port of Ashdod. The aid it carried — baby formula, food, medical supplies, water desalination kits — was confiscated. All passengers were detained and now face deportation.
This interception has sparked international condemnation. Importantly, it also raises questions about whether Israel’s actions comply with international law.
it must be formally declared and publicly notified
it must be effectively enforced in practice
it must be applied impartially to all ships
it must not block access to neutral ports or coastlines
it must not stop the delivery of humanitarian aid to civilians.
If even one of these conditions is not met, the blockade may be considered illegal under customary international humanitarian law.
The fifth condition is especially important here. According to a comprehensive study of international humanitarian law conducted by the International Committee of the Red Cross, the parties to a conflict must allow the rapid and unimpeded delivery of humanitarian relief to civilians in need.
A blockade that prevents this could be in breach of international law.
Israel and Egypt have imposed a blockade of varying degrees on Gaza since 2007 when Hamas came to power. Israeli Defence Minister Israel Katz claims the purpose of the blockade is to “prevent the transfer of weapons to Hamas”. Critics say it amounts to collective punishment.
The Madleen was operating in compliance with three binding International Court of Justice orders (from January 2024, March 2024 and May 2024) requiring unimpeded humanitarian access to Gaza.
Freedom of navigation
International law also strongly protects the freedom of navigation, particularly in international waters beyond any state’s territorial limits.
There are only a few exceptions when a country can lawfully stop a foreign ship in international waters – if it is involved in piracy, slave trading, unauthorised broadcasting, or the vessel itself is stateless. A country can also stop a ship if it is enforcing a lawful blockade or acting in self-defence under Article 51 of the UN Charter.
So, if Israel’s actions do not fully meet the international legal requirements for enforcing a blockade during wartime, it would not have the right to intercept the Madleen in international waters.
Protections for humanitarian workers
More broadly speaking, international humanitarian law, including the Fourth Geneva Convention, protects civilians during conflict. This protection extends to people delivering humanitarian aid, so long as they do not directly take part in hostilities.
To be considered directly participating in hostilities, a person must:
intend to cause military harm
have a direct causal link to that harm, and
be acting in connection with one side of the conflict.
Bringing aid to civilians, even if politically controversial, does not meet this legal threshold. As a result, the Madleen’s passengers remain protected civilians and should not be treated as combatants or detained arbitrarily.
International law also sets out how civilians detained in conflict situations must be treated. Under the Fourth Geneva Convention, detainees must be given access to medical care, lawyers and consular representatives. They must also not be punished without fair legal processes.
In response to the ship’s interception, the Hind Rajab Foundation, a nonprofit advocacy group, has filed a complaint with the UK Metropolitan Police War Crimes Unit. The complaint alleges a number of breaches of international humanitarian law, including forcible detention, obstruction of humanitarian relief, and degrading treatment.
Previous flotilla intercepted
This is not the first time Israel has stopped an aid ship and faced accusations of violating the law of the sea and humanitarian law.
In 2010, the Israeli military raided a flotilla of six ships organised by international activists aiming to deliver humanitarian aid to Gaza and challenge the blockade.
Violence broke out on the largest vessel, the Mavi Marmara, resulting in the deaths of nine Turkish nationals and injuries to dozens of others. The incident drew international condemnation. Israel agreed to ease its blockade after the incident.
A fact-finding mission established by the UN Human Rights Council found that Israel violated a number of international laws and that its blockade was “inflicting disproportionate damage upon the civilian population”.
This is not just a political or moral issue – it’s a legal one. International law lays out clear rules for when and how a country can enforce blockades, intercept vessels and treat civilians.
Based on these rules, serious legal questions remain about Israel’s handling of the Madleen and its passengers.
Shannon Bosch 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.
The video of a Los Angeles police officer shooting a rubber bullet at Channel Nine reporter Lauren Tomasi is as shocking as it is revealing.
In her live broadcast, Tomasi is standing to the side of a rank of police in riot gear. She describes the way they have begun firing rubber bullets to disperse protesters angry with US President Donald Trump’s crackdown on illegal immigrants.
As Tomasi finishes her sentence, the camera pans to the left, just in time to catch the officer raising his gun and firing a non-lethal round into her leg. She said a day later she is sore, but otherwise OK.
Although a more thorough investigation might find mitigating circumstances, from the video evidence, it is hard to dismiss the shot as “crossfire”. The reporter and cameraman were off to one side of the police, clearly identified and working legitimately.
The shooting is also not a one-off. Since the protests against Trump’s mass deportations policy began three days ago, a reporter with the LA Daily News and a freelance journalist have been hit with pepper balls and tear gas.
British freelance photojournalist Nick Stern also had emergency surgery to remove a three-inch plastic bullet from his leg.
In all, the Los Angeles Press Club has documented more than 30 incidents of obstruction and attacks on journalists during the protests.
Trump’s assault on the media
It now seems assaults on the media are no longer confined to warzones or despotic regimes. They are happening in American cities, in broad daylight, often at the hands of those tasked with upholding the law.
But violence is only one piece of the picture. In the nearly five months since taking office, the Trump administration has moved to defund public broadcasters, curtail access to information and undermine the credibility of independent media.
International services once used to project democratic values and American soft power around the world, such as Voice of America, Radio Free Europe and Radio Free Asia, have all had their funding cut and been threatened with closure. (The Voice of America website is still operational but hasn’t been updated since mid-March, with one headline on the front page reading “Vatican: Francis stable, out of ‘imminent danger’ of death”).
The Associated Press, one of the most respected and important news agencies in the world, has been restricted from its access to the White House and covering Trump. The reason? It decided to defy Trump’s directive to change the name of the Gulf of Mexico to Gulf of America.
Even broadcast licenses for major US networks, such as ABC, NBC and CBS, have been publicly threatened — a signal to editors and executives that political loyalty might soon outweigh journalistic integrity.
The Committee to Protect Journalists is more used to condemning attacks on the media in places like Russia. However, in April, it issued a report headlined: “Alarm bells: Trump’s first 100 days ramp up fear for the press, democracy”.
A requirement for peace
Why does this matter? The success of American democracy has never depended on unity or even civility. It has depended on scrutiny. A system where power is challenged, not flattered.
The First Amendment to the US Constitution – which protects freedom of speech – has long been considered the gold standard for building the institutions of free press and free expression. That only works when journalism is protected — not in theory but in practice.
Now, strikingly, the language once reserved for autocracies and failed states has begun to appear in assessments of the US. Civicus, which tracks declining democracies around the world, recently put the US on its watchlist, alongside the Democratic Republic of Congo, Italy, Serbia and Pakistan.
The attacks on the journalists in LA are troubling not only for their sake, but for ours. This is about civic architecture. The kind of framework that makes space for disagreement without descending into disorder.
Press freedom is not a luxury for peacetime. It is a requirement for peace.
Peter Greste is Professor of Journalism at Macquarie University and the Executive Director for the advocacy group, the Alliance for Journalists’ Freedom.
Presidents Xi Jinping and Donald Trump at the G20 Summit on July 7, 2017, in Hamburg, Germany. Mikhail Svetlov/Getty Images
On June 5, U.S. President Donald Trump held a phone call with Chinese President Xi Jinping. It marked the first direct conversation between the two leaders since Trump began his second term — and the first since tensions sharply escalated in 2025’s U.S.-China trade war.
After the call, Trump was quick to frame it as a success for his administration, posting on social media that it led to “a very positive conclusion for both Countries.” He later told reporters that Xi had agreed to resume exports of rare earth minerals and magnets to the U.S. — allaying the fears of the auto industry, which had previously warned that parts suppliers were facing severe and immediate risks to production.
The presidential phone call also yielded an invitation for Trump and first lady Melania to visit China, an invitation that Trump reciprocated.
But aside from the easing of some trade tension and surface-level niceties, the call conveyed subtle messages about an imbalance in the bilateral dispute. As an expert on U.S.-China relations, I believe these subtleties point to Xi having the upper hand in U.S.-China talks and also using Trump as a foil to burnish his own image as a strong leader at home and abroad.
A rare earths ace
The Trump-Xi call should not distract from the fragile state of China-U.S. relations — and the willingness of Beijing to play its “rare earth materials card.”
Although China and U.S. delegations reached a 90-day tariff truce in Geneva on May 12, negotiations between the two countries remain ongoing. As many observers have noted, deep-rooted and structural differences — such as disputes over currency manipulation, export subsidies and other nontariff barriers — continue to cast a long shadow over the prospects of U.S-China trade talks.
Beijing, in turn, accuses the U.S. of breaking the Geneva agreement first and blames Washington for rolling out a wave of discriminatory measures against China after the talks, including new export controls on artificial intelligence chips, a ban on selling electronic design automation software to Chinese companies, and plans to revoke visas for Chinese students.
Trump’s order banning American companies from using AI chips by China-based Huawei — issued just one day after the Geneva agreement on May 12 — was seen by many in Beijing as directly countering the spirit of the agreement. Indeed, it may well have prompted Beijing to delay the resumption of rare earth exports to the U.S. in the first place.
Aside from the actual effect of the resumption of rare earth exports, Trump’s apparent priority given to the issue signals to Beijing just how reliant the U.S. is on China in this regard — something that would not have gone unnoticed by Xi.
Xi never came calling
Just one day before the June 5 call, Trump wrote on social media: “I like President XI of China, always have, and always will, but he is VERY TOUGH, AND EXTREMELY HARD TO MAKE A DEAL WITH!!!”
His conversation with the Chinese leader would have further reinforced Xi’s tough image — not just for a Chinese audience, but for international observers as well.
This was certainly encouraged by how China described the call. According to China’s official statement, Xi “took a phone call from U.S. President Donald J. Trump” – the subtle implication being that it was Trump who initiated the call.
This framing promotes the idea that Xi holds the upper hand. The Chinese statement also highlighted that the Geneva talks were “at the suggestion of the U.S. side,” implying that China did not back down in the face of Trump’s trade pressure — and that it was Trump who ultimately blinked first.
China’s message is particularly significant given that, as the U.S.-China trade war intensified in April, Washington believed it could gain “escalation dominance” by imposing tariffs on Chinese goods — perhaps underestimating China’s ability to retaliate effectively and assuming Beijing would be eager to negotiate.
Throughout the trade standoff, Xi refrained from initiating contact with Trump, and in the end, it was Trump who reached out.
This undoubtedly enhanced Xi’s image back home — and potentially undermined Trump’s negotiating posture.
The official Chinese statement following the talks noted: “The Chinese side is sincere about this, and at the same time has its principles. The Chinese always honor and deliver what has been promised. Both sides should make good on the agreement reached in Geneva.”
Those words appear aimed at signaling to the international community that it is the U.S. — not China — that failed to uphold its end of the Geneva agreement.
The second-to-last paragraph of the Chinese statement on the phone call noted: “President Trump said that he has great respect for President Xi, and the U.S.-China relationship is very important. The U.S. wants the Chinese economy to do very well. The U.S. and China working together can get a lot of great things done. The U.S. will honor the one-China policy. The meeting in Geneva was very successful, and produced a good deal. The U.S. will work with China to execute the deal. The U.S. loves to have Chinese students coming to study in America.”
While much of this language may be standard diplomatic rhetoric, it clearly aims to box in Trump as the supplicant in the current dispute and implies that he is moving closer to China’s positions, including key nontrade issues like U.S. visas for Chinese students.
A game of telephone?
Aside from the optics or broader question of who is “winning” the dispute, the Trump-Xi call has certainly eased some tensions on both sides — at least temporarily.
For the U.S., concerns over rare earth supplies were alleviated. Since the call, it has been reported that China has issued temporary export licenses to companies that supply rare earth materials to America’s three largest automakers.
For China, Trump’s remarks seemingly helped reduce anxiety over issues such as Taiwan and student visa restrictions.
But given the deep and fundamental differences between the two countries on trade and economic matters — and recalling how trade negotiations repeatedly stalled and restarted during Trump’s first term — there is good reason to believe that future talks could face similar setbacks.
But what is clear now, especially compared with the trade war during Trump’s first administration, is that Beijing appears better prepared and more skilled at leveraging its rare earth exports as a bargaining chip.
In many ways, Trump faces the greater pressure in his handling of Xi. Should talks collapse, any resulting supply chain disruptions could lead to rising inflation, market volatility and economic woe for the U.S. — with the associated risks of political fallout ahead of the midterm elections. Xi will know this and, in rare earth materials, has an ace up his sleeve to pull out when needed.
Indeed, Trump may find himself needing to reach out to Xi again in the future in an effort to revive troubled trade negotiations. But doing so would only reinforce Xi’s image as the tougher and more dominant figure.
Linggong Kong does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Ice baths are everywhere in modern fitness culture. From professional athletes to weekend warriors, many swear by the post-workout plunge, hoping the icy shock will ease soreness, calm inflammation and help their bodies bounce back faster. But recent research from the Netherlands reveals a surprising downside: those freezing dips might actually slow muscle growth.
When you expose your body to cold, like during an ice bath, your blood vessels constrict. This can reduce swelling, flush out waste products from your workout and ease the muscle soreness that occurs a day or two after intense exercise. That post-workout ache is a sign that your muscles are repairing. So when it fades, it feels like you’re ready to hit the gym again, which helps explain why ice baths are so popular.
But there’s a twist. The very inflammation that causes soreness is also part of how your muscles heal and grow. Shut it down too soon and you might be holding back your progress.
In the recent study, researchers at Maastricht University tested how cold temperatures affect nutrient delivery and muscle-building signals. Twelve healthy young men each did a strength workout using just one leg. Immediately afterwards, each immersed that leg in 8°C water for 20 minutes, while the other leg sat in 30°C water (the “control”). The scientists then measured blood flow and tracked how the muscles used protein to see how the cold affected recovery and muscle-building processes.
The results were clear: right after the ice bath, blood flow in the cold-exposed leg dropped by about 60% compared with the warm-water leg.
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Even three hours after the workout, blood flow to the muscle that had been cooled was still noticeably lower. Since muscles rely on blood to deliver nutrients, such as amino acids and oxygen, this meant they were getting less of what they needed to grow. In fact, the researchers found about 30% less of the building blocks of protein being used by the muscle.
After strength training, blood flow to your muscles normally increases – a response known as hyperemia. This rush of blood brings important nutrients like amino acids, oxygen and insulin, all of which help to trigger the muscle-building process.
But when you expose your muscles to cold right after a workout, the blood vessels tighten – a reaction called vasoconstriction – which limits how much of those nutrients get through. That means your muscles may miss out during an important window for growth and recovery.
After a workout, a bit of inflammation is actually a good thing – it signals your body to start the repair process. Immune cells release special proteins called cytokines – chemical messengers that help spark muscle repair.
But cooling the muscles too soon, like with an ice bath, can reduce this natural response. It dampens the signals and slows the activation of those repair cells, which may lead to slower progress and less muscle growth over time.
Not all ice baths are equal
Most athletes who use ice baths jump in within minutes after a workout, usually soaking in water between 8°C and 15°C for ten to 20 minutes. This is the standard protocol, although coaches and athletes often adjust the timing and temperature, depending on their goals.
Waiting at least an hour before taking an ice bath might be a smart move as it gives the body time to initiate important muscle-building signals and absorb nutrients without interference. Also, using milder cold water (around 15°C) is gentler on blood flow compared with very cold water. That means it can still help ease soreness without slowing muscle growth as much as colder temperatures might.
How often you use ice baths makes a difference too. In the Maastricht study and others like it, participants used cold plunges after every workout, which led to less muscle growth over time. But if you save ice baths for especially tough days, like during competitions or intense training weeks, athletes can avoid some of those negative effects while still getting recovery benefits when they need them most.
If the goal is to stay sharp and recover quickly – rather than building maximum muscle – then a slight drop in muscle growth might be a fair trade-off for feeling fresher and bouncing back faster.
There’s still a lot we don’t know about ice baths and muscle growth. Most studies so far have focused on young men, so it’s unclear if women, older adults or people with muscle loss due to health conditions respond the same way. More research is needed to understand how cold therapy affects different groups of people.
Most research so far has focused on soaking just one arm or leg, but full-body ice baths might cause different reactions in the body, such as changes in hormones like adrenaline and cortisol, that could affect how muscles adapt. Bigger studies are needed to figure out the best timing, temperature and how different people respond to cold therapy.
The allure of ice baths is understandable: who doesn’t want to feel less sore after a gruelling training session? But current data should serve as a cautionary tale – muscles need blood, nutrients and even inflammation to grow. By plunging immediately into icy water, athletes risk dampening the very signals that drive muscle growth.
For people who want to maximise muscle size and strength, it might be best to skip the ice bath or delay it by at least an hour. But for athletes facing tough competition schedules who need to recover quickly, carefully timed ice baths can be a helpful tool. Ultimately, each athlete must weigh the benefits of feeling less sore against the possibility of slower muscle growth and adjust how they use cold therapy based on their personal goals and training demands.
Michelle Spear 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.
The new musical film Juliet and Romeo arrives on screen with lavish visuals, saccharine pop songs and a reworked Shakespearean plot that tries to dazzle. With its vivid colour palette and dreamy masquerade aesthetic, this is Verona as filtered through a Eurovision lens: glittering, melodramatic and frequently overwrought.
Writer and director Timothy Scott Bogart and composer Evan Kidd join a lineage of Romeo and Juliet adaptations that blend music with spectacle. Who could forget Harold Perrineau’s drag rendition of Young Hearts Run Free as Mercutio in Baz Luhrmann’s Romeo + Juliet (1996)? More recently, the stage show & Juliet (2019) used the iconic songwriting of Max Martin for a jukebox musical meets feminist retelling of the tragedy. So where does Juliet and Romeo fall in comparison?
Let’s begin with the fair, before turning to the foul. Shot on location in the real Verona, Juliet and Romeo makes excellent use of its scenery, with inventive sets and clever staging that breathe some vitality into its world.
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Verona’s jewel tones, candlelit street parties and endless twisting streets grant the film its fairytale quality. There’s a tactile richness to the production design that occasionally feels immersive, evoking a heightened world somewhere between Shakespeare’s imagined Verona and a perfume advert. The array of fight, dance, and crowd scenes are well-choreographed and the camera often moves with an energetic theatricality that hints at what the musical could have been.
Unfortunately, the music doesn’t keep pace. While the pop soundtrack is relentlessly inoffensive – think bubblegum ballads and power choruses – it lacks the lyrical bite or emotional weight needed to sustain a tragedy.
With sugary harmonies and banal lyrics, these numbers evoke more Eurovision than Elizabethan drama – not inherently a bad thing, but in this case, it results in emotional flatness. For example, a number like Better Than This, led with verve by Martina Ortiz Luis as Veronica, stands out slightly with its charming melody and joyful choreography. It’s a moment of brightness that briefly lifts the energy. But even that slips into the overall sameness of the score. At its best, the music is cutesy; at its worst, it’s filler.
The trailer for Juliet & Romeo.
The character work is similarly uneven. Juliet (Clara Rugaard) emerges as the most compelling figure – wry, self-aware, and played with just enough spunk to avoid cliché. Romeo (Jamie Ward), by contrast, is a forgettable boy-band archetype, rebelling weakly against a domineering father (Jason Isaacs channelling medieval Lucius Malfoy) and contributing little beyond brooding charm.
Derek Jacobi’s gravitas is squandered on narration and playing the hapless Friar Lawrence. Juliet and Romeo opens with a flurry of historical exposition delivered by Jacobi: medieval Italy, papal politics, the splintering of city-states, and the threat of “mighty Rome” coming for Verona. It’s an ambitious – if unnecessary – reframing that sets up a late-stage twist that gestures toward a sequel.
The supporting cast is also a mix of intriguing choices and tonal confusion. Mercutio’s (Nicholas Podany) subplot, involving his own forbidden love and tense relationship with an adoptive Montague patriarch, hints at deeper parallels to the central couple, but is never fully developed. The apothecary (Dan Fogler), bafflingly, gets a solo about alchemical experiments that feels lifted from a mid-tier Disney sequel. Meanwhile, the nurse (Sara Lazzaro), usually a comedic gem, is stripped of humour entirely.
The Mask I Wear from Juliet & Romeo.
A standout number comes from Rebel Wilson’s Lady Capulet and Verona’s women, who lament in The Mask I Wear about the constraints of femininity in well-arranged harmony. Yet the song’s emotional resonance is blunted by underwritten character arcs. The women sing beautifully, but we barely know why they’re angry.
In the end, Juliet and Romeo is a musical that strains to be meaningful but never earns its emotional crescendos. It gestures toward political intrigue, feminist revision and star-crossed romance, but settles for spectacle. Still, with its sparkling visuals and glossy score, for fans of unapologetic musical fanfare, there’s some joy to be found in the glitter.
Emily Rowe 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.
Source: The Conversation – UK – By Alex Newman, Postdoctoral Research Associate, Sustainability Assessment at the Grantham Centre, University of Sheffield
Tomatoes could be grown at an industrial scale using heat generated from burning household waste in Essex, UK. Jenoche/Shutterstock
A new project in Bradwell, Essex, aims to change how we grow food and how we deal with our rubbish. Slated to begin operations in 2027, the Rivenhall greenhouse project could become Europe’s largest low-carbon horticulture facility.
The idea is to close two loops at once. By processing most of Essex’s household waste, the region’s reliance on landfill can be reduced – this cuts the amount of biodegradable waste decomposing to release methane (a greenhouse gas far more potent than carbon dioxide). Also, by diverting the energy from that waste to grow food locally, less produce will need to be imported from regions increasingly vulnerable to climate-related stresses like drought and water scarcity.
The giant greenhouse will sit next to the Rivenhall integrated waste management facility, operated by waste company Indaver. Household waste will be incinerated on site, producing steam. Some of that steam will drive turbines to generate electricity and power the greenhouse. The rest of the steam will heat the greenhouse at a constant temperature all year round.
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To further reduce greenhouse gas emissions, a carbon capture system (separates CO₂ from other gases in exhaust streams) will extract around 20,000 tonnes of carbon dioxide annually from the incinerator’s flue gases. Rather than releasing this into the atmosphere, the captured carbon dioxide will be piped into the greenhouse to enhance plant growth.
Still, the scale of carbon capture is modest and not a quick fix. The 20,000 tonnes of carbon dioxide expected to be captured annually represents less than 10% of typical emissions from similar-scale waste facilities.
The facility will include 13 hectares of artificially lit greenhouse space for winter growing and a vertical farm (growing crops in stacked layers) converted from a former RAF hangar to grow leafy greens. In theory, this creates a resilient, year-round food production system largely decoupled from fossil fuels and climate-sensitive imports.
Burning waste to grow tomatoes might sound counterintuitive. Incinerators still release emissions after all. As a method of electricity generation, incineration of waste has a higher carbon footprint than burning coal. But in the context of current waste management and food import practices, it may make sense.
According to the UK government’s Department for Environment Food and Rural Affairs, around 30.8% of England’s household waste went to landfill in 2023 (around 8 million tonnes). Landfill emissions (primarily methane) are not just large – they’re long-lived and hard to capture.
Rivenhall’s model claims to reduce total greenhouse gas emissions by roughly 20% compared to landfill. When electricity, heat, and food outputs are factored in, and carbon capture included, emissions per kilogram of tomato could be substantially lower than those from conventional imports or fossil-powered greenhouses.
But low-carbon status is not a badge that companies claim, it’s a result that needs to be verified. In lifecycle assessment (a method for measuring the environmental impacts of a product, service, or system, and the focus of my research), low-carbon status only applies if net emissions per kilogram of tomato are demonstrably lower than those from the realistic baseline.
That baseline, be it landfill, composting, anaerobic digestion, or recycling, must be clearly defined. If incinerated waste includes material better suited to recycling, the claimed benefits narrow or vanish.
The success of this particular project hinges not just on technical integration, but on accurate emissions accounting and efficient performance of carbon capture systems.
According to the waste hierarchy, the most sustainable strategy for reducing waste-related emissions is not incineration, but waste prevention and reduction. Energy recovery is better than landfill, but less preferable than eliminating waste altogether.
The bigger picture
In the Netherlands, greenhouses often run on combined heat and power systems. In Canada, some horticultural operations use industrial waste heat. But Rivenhall’s scale and its tight integration with waste management infrastructure makes it unusual. If it works, it could serve as a blueprint for how regions can simultaneously tackle food security and waste while keeping the environmental cost of consumption closer to home.
Beyond greenhouse gas emissions, there are other environmental considerations. Even modern incinerators produce air-polluting nitrogen oxides and particulates, which must be rigorously controlled to avoid human health problems such as lung disease. To comply with the UK’s biodiversity net gain rules, natural habitats and wildlife populations around this site must be enhanced, not degraded.
While delivering on its technical promises, Rivenhall must also prove that its low-carbon credentials are more than just hot air. Even so, projects like this are no substitute for upstream solutions like waste prevention, reduced consumption and circular design.
Don’t have time to read about climate change as much as you’d like?
Alex Newman 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.
Source: The Conversation – UK – By Francesco Grillo, Academic Fellow, Department of Social and Political Sciences, Bocconi University
Shutterstock/Coffeemil
I believe we Europeans feel far too safe. Europe’s political and economic leadership in the world, which was still unchallenged at the beginning of the century, has long since ceased to exist. Will the dominant cultural influence of Europe be maintained? I think not, unless we defend it and adjust ourselves to new conditions; history has shown that civilisations are all too perishable.
It is astonishing how much these words used in 1956 by Konrad Adenauer, one of the founding fathers of the European Union, still sound valid today. They perfectly define the current state of the union. Europeans are still struggling to adjust to new conditions – and the conditions to which they need to adjust also continue to change dramatically.
The battle for technological leadership is the current version of this struggle. Success in this domain could transform Europe, yet the continent remains complacent about its decline into backwardness. The European commission itself calculates that of the 19 digital platforms that have more than 45 million EU users, only one (Zalando) is from the EU.
Information is (economic and political) power and losing control means to gradually lose both market share and the ability to protect European democracies. Brussels has produced a mass of regulation on digital services, yet American digital platforms are getting away with what European leaders themselves call the manipulation of democratic elections, with very little repercussions. Elon Musk’s X, was banned in Brazil for less – refusing to ban accounts accused of spreading misinformation.
This decline, however, has been slow enough to lull European leaders into complacency about the future.
Meanwhile, Donald Trump has a point when he laments that the European Union has been slow to engage in the negotiations he imposed on trade. Indeed, even on trade – one of the very few areas in which the European Union has a mandate from the member states to deal directly with third parties – progress is generally stuttering. The commissioner in charge has to constantly find a common denominator with the agendas of 27 member states, each of which has a different industrial agenda.
Europe’s decision-making processes are sub-optimal. Indeed, they were built for a different age. There is no shared voice on foreign policy – the EU has been able to say far less on Gaza than individual countries like Spain or the UK, for example. This may have the practical consequence of eroding the “moral leadership” that should still be Europe’s soft advantage.
Crisis of confidence
Europe’s failure to respond to real-world changes is due to sub-optimal institutional settings. However the current paralysis in the face of clear need for action may be due to an even more fundamental question of trust in its own capabilities.
On one hand, there still seems room for complacency. As Stanley Pignal, the Charlemagne columnist for The Economist, recently put it, Europe can take a moderate amount of satisfaction from its continued status as a place where people are free to pursue “life, liberty, and the pursuit of happiness”. Yet, it is evident that the institutions needed to concretely achieve those objectives are crumbling: healthcare systems and welfare; robust and independent media; energy and military autonomy in a world without order.
On the other hand, Europe is increasingly resigned. A global poll taken by Gallup International shows that when responding to the question “do you think that your children will live better than you?” seven of the most pessimistic countries of the world are from the EU. Only 16% of Italians and 24% of French respondents answered “yes” to this question.
According to Ipsos, less than half of young Europeans feel prepared to enter the job market. And they blame the education system for that. The picture may well be even worse now – this survey was taken in 2019, before the pandemic, war in Europe and, more importantly, AI made the picture even more uncertain.
Europe has no alternative, as even far-right and far-left parties seem to acknowledge. Note that France’s Rassemblement National and Italy’s Lega no longer talk about exiting the EU but about changing it from the inside. Individual nation states simply do not have the minimum scale to even try to take leadership in a world looking for a new order.
In a world abandoned by the US, Europe stands a real chance. However, it urgently needs to be creative enough to imagine new mechanisms through which EU institutions take decisions and EU citizens have their say. This in turn requires an entire society to somehow recover the reasonable hope that decline is not inevitable (although we also must be aware that it may even nastily accelerate).
Finally, young people are absolutely crucial in the process. The rhetoric of “listening to them” must now be replaced by a call for them to govern. They are today what Karl Marx would have probably defined as a class – with very specific demographic, cultural, economic and linguistic characteristics. These must be turned into a political agenda and a new vision of what Europe of the future could look like.
The challenges ahead for the European Union will be the subject of the forthcoming conference on the Europe of the future in Siena, Italy. This will feed into a seven-point paper that will be discussed with EU institutions.
Francesco Grillo is associated to VISION think tank.
President Donald Trump’s promise to eliminate taxes on tips may sound like a windfall for service workers — but the fine print in Congress’ latest tax bill tells a more complex story.
The idea started getting attention when Trump raised it during a 2024 campaign stop in Las Vegas, a place where tipping is woven into the economy. And the headlines and press releases sound great — especially if you’re a waiter, bartender or anyone else who depends on tips for a living. That may be why both Democrats and Republicans alike broadly support the concept. However, like most of life, the devil is in the details.
I’m a business-school economist who has written about tipping, and I’ve looked closely at the language of the proposed laws. So, what exactly has Trump promised, and how does it measure up to what’s in the bills? Let’s start with his pledge.
The promise of money that’s ‘100% yours’
Back in January 2025, Trump said, “If you’re a restaurant worker, a server, a valet, a bellhop, a bartender, one of my caddies … your tips will be 100% yours.” That sounds like a boost in tipped workers’ income.
But when you look at the current situation, it becomes clear that the reality is far more complicated.
First, the new tax break only applies to tips the government knows about — and a lot of that income currently flies under the radar. Tipped workers who get cash tips are supposed to report it to the IRS via form 4137 if their employer doesn’t report it for them. If a worker gets a cash tip today and doesn’t report it, they already get 100% of the money. No one really knows what percentage of tips are unreported, but an old IRS estimate pegs it at about 40%.
What’s more, the current tax code defines tips only as payments where the customer determines the tip amount. If a restaurant charges a fixed 18% service charge, or there’s an extra fee for room service, those aren’t tips in the government’s eyes. This means some tipped workers who think service charges are tips will overestimate the new rule’s impact on their finances.
How the new bills would affect tipped workers
The “Big Beautiful Bill” would create a new tax code section under “itemized deductions” This area of the tax code already includes text that creates health savings accounts and gives students deductions for interest on their college loans.
What’s in the new section?
First, the bill specifies that this tax break applies just to “any cash tip.” The IRS classifies payments by credit card, debit card and even checks as “cash tips.” Unfortunately for workers in Las Vegas, noncash tips, like casino chips, aren’t part of the bill.
While the House bill limits the deduction to people earning less than US$160,000 the Senate bill caps the deduction to the first $25,000 of tips earned. Everything over that is taxed.
Second, the current House bill ends this special tax-free deal on Dec. 31, 2028. That means these special benefits would only last three years, unless Congress extends the law. The Senate bill does not include such a deadline.
Third, the exemption is only available to jobs that typically receive tips. The Treasury secretary is required to define the list of tipped occupations. If an occupation isn’t on the list, the law doesn’t apply.
I wonder how many occupations won’t make the list. For example, some camp counselors get tips at the end of the summer. But it’s unclear the Treasury Department will include these workers as a covered group, since counselors only make up a proportion of summer camp staff. Not making the list is a real problem.
And while the new proposal gives workers an income tax break, there’s nothing in either bill about skipping FICA payments on the tipped earnings. Workers are still required to contribute slightly more than 7% in Social Security and Medicare taxes on all tips they report, which won’t benefit them until retirement. This isn’t an oversight — the bill specifically says employees must furnish a valid Social Security number to get the tax benefits.
There are a few other ways the legislation might benefit workers less than it seems at first glance. Instituting no taxes on tips could mean tipped employees feel more pressure to split their tips with other employees, like busboys, chefs and hosts. After all, these untipped workers also contribute to the customer experience, and often at low wages.
The specifics of any piece of legislation are subject to change until the moment Congress sends it to the president to be signed. However, as now written, I think the bills aren’t as generous to tipped workers as Trump made it sound on the campaign trail.
Jay L. Zagorsky does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
The 1,100-page bill would slash incentives for green technologies such as solar, wind, batteries, electric cars and heat pumps while subsidizing existing nuclear power plants and biofuels. That would leave the country and its people burning more fossil fuels despite strong popular and scientific support for a rapid shift to renewable energy.
The bill may still be revised by the Senate before it moves to a final vote. But it is a picture of how President Donald Trump and congressional Republicans want to reshape U.S. energy policy.
As an environmental engineering professor who studies ways to confront climate change, I think it is important to distinguish which technologies could rapidly cut emissions or are on the verge of becoming viable from those that do little to fight climate change. Unfortunately, the House bill favors the latter while nixing support for the former.
However, the House bill rescinds billions of dollars that the Inflation Reduction Act, enacted in 2022, devoted to boosting domestic manufacturing and deployments of renewable energy and batteries.
Deployments would be hit even harder. Wind, solar, geothermal and battery projects would need to commence construction within 60 days of passage of the bill to receive tax credits.
In addition, the bill would deny tax credits to projects that use Chinese-made components. Financial analysts have called those provisions “unworkable,” since some Chinese materials may be necessary even for projects built with as much domestic content as possible.
Wind turbines and solar panels generate renewable energy side by side near Palm Springs, Calif. Mario Tama/Getty Images
Efficiency and electric cars
Cuts fall even harder on Americans who are trying to reduce their carbon footprints and energy costs. The bill repeals aid for home efficiency improvements such as heat pumps, efficient windows and energy audits. Homeowners would also lose tax credits for installing solar panels and batteries.
For vehicles, the bill would not only repeal tax credits for electric cars, trucks and chargers, but it also would impose a federal $250 annual fee on vehicles, on top of fees that some states charge electric-car owners. The federal fee is more than the gas taxes paid by other drivers to fund highways and ignores air-quality and climate effects.
For new nuclear plants, the bill would move up the deadline to 2028 to begin construction. That deadline is too soon for some new reactor designs and would rush the vetting of others. Nuclear safety regulators are awaiting a study from the National Academies on the weapons proliferation risks of the type of uranium fuel that some developers hope to use in newer designs.
The House-passed bill would protect government subsidies for existing nuclear power plants, like the one in the background, while limiting support for wind turbines. Scott Olson/Getty Images
The bill would end tax credits for hydrogen production. Without that support, companies will be unlikely to invest in the seven so-called “hydrogen hubs” that were allocated a combined $8 billion under the Bipartisan Infrastructure Law in 2021. Those hubs aim to attract $40 billion in private investments and create tens of thousands of jobs while developing cleaner ways to make hydrogen.
The repealed tax credits would have subsidized hydrogen made emissions-free by using renewable or nuclear electricity to split water molecules. They also would have subsidized hydrogen made from natural gas with carbon capture, whose benefits are impaired by methane emissions from natural gas systems and incomplete carbon capture.
As Congress deliberates on the One Big Beautiful Bill Act, the nation’s energy agenda is one of many issues being hotly debated. Kevin Carter/Getty Images
Summing it up
The conservative Tax Foundation estimates that the House bill would cut the Inflation Reduction Act’s clean energy tax credits by about half, saving the government $50 billion a year. But with fewer efficiency improvements, fewer electric vehicles and less clean power on the grid, Princeton’s Jenkins projects American households would pay up to $415 more per year for energy by 2035 than if the bill’s provisions were not enacted. If the bill’s provisions make it into law, the extra fossil fuel-burning would leave annual U.S. greenhouse gas emissions 1 billion tons higher by then.
No one expected former President Joe Biden’s Inflation Reduction Act to escape unscathed with Republicans in the White House and dominating both houses of Congress. Still, the proposed cuts target the technologies Americans count on to protect the climate and save consumers money.
Daniel Cohan receives funding from the Carbon Hub at Rice University.
When LGBTQ+ patients are unsure if they can be open about their identity and related health needs, it becomes more difficult for them to access high-quality health care.
In our recently published research, my colleagues and I found that how LGBTQ+ people are treated at the doctor’s office has a measurable effect on whether they stay up to date with lifesaving preventive care like flu shots, colorectal cancer screenings and HIV testing.
Results of affirming care
We examined how LGBTQ+ adults rated their health care provider across three areas: LGBTQ+ cultural competency, such as if providers used inclusive language on forms and in person; LGBTQ+ clinical competency, such as their doctor’s knowledge on all aspects of their health; and experiences of discrimination, such as being told to seek care elsewhere.
After analyzing survey data on the experiences of more than 950 LGBTQ+ adults from across the U.S., we saw that three clear patterns emerged.
First, 34% of participants reported having positive health care experiences – meaning their providers were culturally and clinically competent about LGBTQ+ health needs, and did not discriminate against them. These patients were more likely to be up to date on at least one preventive service recommended by the U.S. Preventive Services Task Force, compared to those receiving neutral or discriminatory care.
Second, 60% of participants reported having neutral experiences, when their providers were clinically competent about LGBTQ+ health needs and didn’t discriminate against them, but were not culturally competent. These patients were 43% less likely to get an HIV test compared to patients reporting affirming care.
Third, 6% of participants reported experiencing discrimination, when their providers were neither culturally nor clinically competent on LGBTQ+ health. These patients were 24% less likely to get a colorectal cancer screening compared to patients reporting affirming care.
Most LGBTQ+ adults in our study reported neutral or even discriminatory care, which leads to avoidable health risks and higher costs for the health system. This provides additional evidence that being supportive of LGBTQ+ patients has measurable improvements for health outcomes.
Fear of discrimination can lead to delayed and missed diagnoses.
Why preventive care matters
Preventive care saves lives and saves money. When diseases like colorectal cancer or HIV are caught early, treatments are often simpler, more effective and less expensive.
When LGBTQ+ patients are made to feel unwelcome or unsafe, we found that they are less likely to get routine preventive care, ultimately driving up long-term costs across the health system. States like North Carolina and Georgia that have more health systems participating in the Human Rights Campaign’s Healthcare Equality Index, which evaluates policies and practices around LGBTQ+ care, had higher rates of LGBTQ+ patients reporting positive care experiences compared to states with few participating health systems, such as Tennessee and Alabama.
Our team has continued the work independently to ensure that the over 1,250 participants who already shared their experiences and data would not have this information sit idly.
Our findings reinforce what many LGBTQ+ patients already know – nonjudgmental and competent care is not a luxury, but a public health necessity.
Nathaniel M. Tran received funding from the National Institute on Aging and Vanderbilt University.
Source: United Kingdom – Executive Government & Departments
Scientists comment on news that the UK government is investing in a nuclear plant at the Sizewell C site and a small modular reactor programme.
Prof Patrick Regan, Professor of Nuclear Metrology, University of Surrey, said:
“The announcement that the UK government has committed £14.2bn of investment to build European Pressurized Reactors (EPRs) at the Sizewell C site will contribute to the UK tackling the delicate balance between ever-increasing secure energy requirements and our commitment to achieving net-zero. The EPRs planned at Sizewell C represent Generation 3+ technology and build on more than 70 years of operational reactor experience worldwide to provide the cleanest, safest and most efficient form of nuclear power yet.
“This large investment, however, brings with it the obvious need to produce and maintain a highly skilled, expert workforce related to all phases of the Sizewell C project. Science and Engineering Apprentice, Graduate and Post-Graduate training in areas such as chemical engineering, material science, nuclear physics & radiochemistry, environmental monitoring, radiation measurement and health physics will be key in enabling ‘life-long’ UK-based careers in this industry, in line with such a far horizon project. This is a long-term investment in the UK’s national infrastructure, and it needs a skilled workforce to ensure its ultimate success.”
Dr Phil Johnstone, Principal Research Fellow, University of Sussex Science Policy Research Unit, Patron of Nuclear Information Service, Member of Sussex Energy Group, and Member of Nuclear Consultation Group:
Is this a good move?
“The decision on Sizewell C is a bad move. It will likely lead to increasing costs for UK electricity consumers and represents a significantly slower means of combatting climate change than alternative options. The announcement comes alongside the decision to select submarine reactor manufacturer Rolls Royce as the winning bidder to develop Small Modular Reactors. These are part of the same underlying goal: to sustain the UK military nuclear industrial base via subsidies from civil nuclear power, with democratic scrutiny of this strategy almost entirely absent.”
Prof Andy Stirling, professor of science and technology policy at the University of Sussex Science Policy Research Unit:
Is this a good move (or not) when it comes to energy and fossil fuels?
“It is well acknowledged behind the scenes (but denied in public), that this move is more intended to support the kind of nuclear industrial base needed for military than for climate reasons. Nuclear power stations like Sizewell C are so slow and expensive compared to renewables and storage strategies, that they erode rather than enhance climate action.”
What does this mean for UK energy production? Is there overspeculation?
“This will make UK energy production needlessly more expensive, less secure and less effective in climate terms, than if the same money had been spent on renewables and energy storage.”
What does the science say?
“On this as on many other policy issues, what counts as ‘the science’ is more uncertain and context-dependent than any side typically implies. If either nuclear advocates or critics claim their arguments to be uniquely or unequivocally science-based then that is a sign that they are seeking to mislead.”
Dr Sarah Darby, Emerita Research Fellow, Energy Programme, Environmental Change Institute, University of Oxford, said:
“The argument that building Sizewell C will be markedly cheaper and quicker than Hinkley C is weak. Hinkley C is ‘first of a kind’ in the UK but has the same design as Olkiluoto in Finland and Flamanville in France. These two have been, respectively, over 10 years late and almost four times over budget [1] and over 12 years late and over four times over budget in real terms [2,3]. Neither is yet working reliably [4,5].
“The unfinished Hinkley C was reported by EdF last year as already 90% over budget and 7 years late – and EdF do not expect it to be finished before 2029-31.
“In the light of these figures from three power plants of the same design as SZC, Ed Miliband’s forecast of a 10-year build time looks wildly optimistic. Where cost and complexity are concerned, there is the additional concern about the SZC site being on a flood-prone and eroding coastline, with sea levels on the rise.
“EdF are now wholly owned by the French government, following their extreme financial difficulties, and it is unclear whether they will take any stake at all in SZC. This is hardly a vote of confidence in the prospects of their own design.
“The argument that nuclear build helps with climate goals is similarly weak. New nuclear would arrive too late to assist – renewables already supply over half of UK generation [6] – and are on the rise. The massive sums involved are money not spent on quicker and more effective moves towards energy transition. Bloomberg NEF’s latest assessment of energy transition investment trends* refers to renewables, energy storage, electric vehicles, and power grids as ‘proven, commercially scalable [and with] established business models’, yet categorises nuclear power as an ‘emerging’ technology, with investment held back by lack of affordability and technology maturity [7].
“Nuclear is being presented by the Government as complementary to renewables, for ‘when the sun doesn’t shine and the wind doesn’t blow’. But what we need for these times – and for times of abundant renewable supply – is flexibility from storage and demand-side response, not large-scale inflexible power plants that cannot easily be turned down or up and that can be shut down at a moment’s notice [5,8].
“As so often, the debate is focused on supply rather than demand – what we use energy for. The government are citing figures of a doubling of demand by 2050 that are certainly not set in stone and likely to be exaggerated. AI demands are the new kid on the block but, as DeepSeek has shown, they need not be nearly as high as is often made out. There is still plenty of scope to improve energy security through energy efficiency, allied with storage and demand-side response, without compromising quality of life [9].
“Successive governments have already sunk £6.4bn of taxpayers’ money into Sizewell C, but this is no reason to compound the error. A further £14.2bn is substantial but falls a long way short of the £40bn ‘overnight’ cost estimated by the FT [10]. Further, this £40bn estimate does not take into account the costs of capital, decommissioning and disposal of waste. The last of these is itself a topic of major concern to the Public Accounts Committee [11].
“It is not too late to avoid a FID for Sizewell C and to steer funding in more productive directions, including modernisation of the electricity grid, energy efficient buildings and transport systems, and storage. Such investment could create jobs and improve living conditions around the country.”
Stephanie Baxter, Head of Policy, Institution of Engineering and Technology, said:
“The £14.2 billion of funding announced today for the development of Sizewell C, alongside selecting Rolls-Royce SMR as the preferred bidder to develop the UK’s first small modular reactors, marks an important step forward towards nuclear playing a significant role in the UK’s energy mix.
“Nuclear infrastructure, both large and small, will be needed in our energy system if the UK is to have a secure, affordable and sustainable energy system for 2030 and beyond. However, the Government must also take a whole system view of the wider energy system to ensure new nuclear infrastructure compliments other energy generation and distribution resources currently deployed and being developed.
“Significant infrastructure projects such as these rely on long-term stability – in the supply chain, regulations and the skills pipeline. That is why today’s announcements must be backed up by clear plans for delivery, including engagement with local communities.
“These ambitions will also not be met without the skilled engineering and technician workforce that will be critical to delivering and maintaining new nuclear infrastructure.
“Great British Energy must work closely with Skills England to ensure that these plans are backed by a long-term workforce strategy to deliver skilled job opportunities across the country – both by training up new workers in schools and colleges, and upskilling/reskilling the existing workforce through flexible funding in the Growth and Skills Levy.”
Will Davis, Nuclear Expert and a Member of the Institution of Engineering and Technology’s Sustainability and Net Zero Policy Centre, said:
“Today’s announcements are a clear demonstration of the government’s long-term commitment to low-carbon energy security, extending beyond the 2030 clean power target and taking concrete steps toward achieving net zero by 2050.
“To meet our net zero ambitions, we must significantly scale up electricity generation – by two to three times current levels – and this will only be possible through large-scale projects like Sizewell C and the Small Modular Reactor (SMR) programme.
“While these developments are both welcome and necessary, the UK nuclear industry must address its ongoing credibility challenges around delivering projects on time and within budget. Unlike the UK’s Hinkley Point C, nuclear projects in countries like China and the UAE have avoided major delays. Learning from these international examples is essential if we are to attract private investment and reduce reliance on gas-fired power stations.
“The selection of a preferred bidder for the SMR fleet is a long-awaited milestone – over a decade in the making – and we’re pleased to see it finally progressing.
“The clarification of roles between Great British Energy and Great British Energy – Nuclear, with NESO overseeing the critical upgrades to our national electricity infrastructure is welcomed. These upgrades are vital and must be properly funded, not treated as an afterthought.
“With the announcements on Sizewell C and SMRs, we urge the government to clarify its position on future gigawatt-scale nuclear projects, such as the previously proposed development at Wylfa.
“New nuclear power stations require a high-tech supply chain and a highly skilled workforce. Investment in key manufacturers like Sheffield Forgemasters is encouraging, but broader supply chain investment hinges on project certainty – contracts must be signed.
“The IET continues to support the sector through initiatives like the Nuclear Skills Taskforce. We’re also pleased to see continued investment in STEP, the UK’s prototype fusion power plant. A £2.5 billion commitment is significant and deserves more visibility.
“However, we note the absence of updates on advanced nuclear technologies, which could play a crucial role in decarbonising hard-to-abate sectors such as steelmaking and hydrogen production. We hope to see further clarity on this soon.”
Dr Lewis Blackburn, Lecturer in Nuclear Materials, University of Sheffield, said:
“Today the UK government demonstrated a clear and renewed commitment to nuclear fission as a means to achieve Net Zero, a key goal that was outlined in the 2024 White Paper “Civil Nuclear: Roadmap to 2050”. This comes in the form of an approximately £14B commitment to the Sizewell C project, comprising two EPR (European Pressurised Reactors) delivering a total of 3.2 GWe. The project is forecast to support 70k jobs and produce enough energy to power 6M UK homes. Today’s news also comes alongside an announcement that Rolls-Royce have been identified as the preferred bidder to construct the UK’s first Small Modular Reactors (SMR) – a fleet of smaller fission reactors designed to be built ‘modular’ on a production line, prior to shipping and assembly on-site.
“The UK faces a potential skills challenge in the field of nuclear engineering and projects like Sizewell C and Rolls-Royce SMR offer an exciting opportunity to build a skills pipeline, increasing the number and diversity of people entering the nuclear workforce, and bolstering the supply chain.
“In order for the UK to maintain its international reputation as a leader in civil nuclear, it must continue to invest heavily in new infrastructure, the wider industrial supply chain and R&D. Thus, producing the next generation of nuclear expertise in both the industrial and academic sectors, equipping them with the skills required for the UK to continue to utilise nuclear fission, safely, for generations to come.
“An important aspect of this is ensuring that highly radioactive waste, generated as a by-product of nuclear fission, is not passed onto future generations and is permanently disposed of. In this area, the UK is in the process of siting a geological disposal facility – a dedicated site wherein intermediate and high-level radioactive waste will be isolated from the wider environment permanently. The international consensus in the wider scientific and technical community is that this is the only feasible way to safely manage such wastes, ensuring passive safety. This is the focus of significant R&D in both the technical and academic space.”
Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:
“Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels. I hold the view that it will be a safe means of providing for the energy needs of society. Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe. This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1. While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”
Prof Robin Grimes FRS FREng, Professor of materials physics, Imperial College London, said:
“Large plants such as Hinckley, currently under construction and this announced plant at Sizewell are very good at providing constant base load electricity capacity. They are also good for supporting grid stability and providing inertia. Of course they offer generation diversity and energy security. They will offer these benefits for many decades. As we turn to more electricity use to reduce carbon emissions we will need more nuclear electrify. However, large plant are less good at helping with the inherent intermittency of renewables. For this we need the greater flexibility as provided by small modular reactors or the higher temperatures of advanced modular reactors which offer access to more technology options for decarbonisation. I therefore see this announcement as part of the systems approach by which we progress to greater energy security and decarbonisation.”
Prof David Armstrong, Professor of Materials Science and Engineering (Department of Materials), University of Oxford, said:
“This is excellent news for the UK energy landscape. As the UKs aging AGR fleet retires new baseload energy is required. Sizewell C will sit alongside Hinkley Point B to provide sustainable emission free baseload energy complementing the growing wind and solar power and making a significant contribution to UK energy security.”
Dr Iain Staffell, Associate Professor of Sustainable Energy at the Centre for Environmental Policy, Imperial College London, said:
“Today’s decision is an important one, but even with Hinkley C and Sizewell C, the UK’s nuclear capacity in the 2030s will still be below its 1990s peak.
“After a decade of dithering, Sizewell C is a litmus test of the UK’s ability to deliver complex infrastructure on schedule.
“This deal lives or dies on its delivery. Sizewell C must be built on time and on budget, learning from the (many) mistakes from Hinkley Point C and other UK mega-projects.
“Nuclear power offers a strong energy security hedge. Fuel and key parts can be stockpiled, insulating consumers from foreign instability and gas price spikes.
“Sizewell C won’t start generating for nearly a decade if it is built on time, so it only just contributes towards the Government’s 2035 clean-power goal. But, it is building for the long-term, and will deliver carbon-free electricity well into the 2080s.
“People are rightly concerned by the environmental impacts and emissions from the enormous construction project, but compared to the scale of energy production over the next six decades, nuclear remains one of the cleanest power sources we have.
“The upfront cost is undoubtedly high. £14 billion could fund around 10 GW of offshore wind versus just 3.2 GW of nuclear. But, these reactors will run day and night, especially valuable when the wind is not blowing.”
Louis Barson, the Institute of Physics Director of Science, Innovation and Skills said:
“It is good to see this decision made about developing Sizewell C. New nuclear will play a vital role in bringing reliable, secure and affordable power to new markets, decarbonising industry and helping countries meet their net zero commitments – as part of our future low-carbon energy mix.
“But we need to make sure we also pay attention to the desperate need for hundreds of thousands of skilled workers to support both this project and the development of smaller, modular, nuclear reactors.
“Signing off on Sizewell C is only half the picture, we need the nuclear-ready scientific workforce to make it a reality: that means more physics teachers, well-funded physics departments in universities and a healthy pipeline of physics talent.”
Tom Greatrex, Chief Executive, Nuclear Industry Association, said:
On Sizewell C Given Go-Ahead from Government
“This is a momentous day for Sizewell C and for the British nuclear programme. Sizewell C is one of Britain’s most important clean power projects, and will give the country the jobs, the economic growth and the energy security we need to ensure a secure and reliable power supply for the future. This record investment confirms the government is serious about building new nuclear and all the economic benefits that come with it, and will be welcomed in communities the length and breadth of Britain.”
On Rolls-Royce SMR Winning the UK SMR Competition
“This is a hugely significant moment for Rolls-Royce SMR and for the British nuclear programme. These SMRs will provide essential energy security and clean power alongside large scale reactors, all the while creating thousands of well-paid, skilled jobs, opportunities for growth right across the country and significant export potential. We look forward to working with Rolls-Royce SMR and all other potential SMR vendors, including those not successful today, on making Britain the best place to build new nuclear anywhere in the world.”
Prof Mark Wenman, Professor in Nuclear Materials, Imperial College London, said:
“This is a big step forward. Since the 1990s the amount of nuclear energy the UK produces has been steadily declining from around 12 to 4.5 GWe today. Sizewell C will help reverse this trend and further provide the UK with energy security. It will help balance the grid with the increase of renewables, replace fossil fuel plants and protect us against potential blackouts, as recently seen in Spain. Whilst the costs may seem high initially, this needs to be balanced against the fact that these reactors will produce low carbon electricity for 80 or possibly 100 years, 24/7, providing around a tenth of the current UK electricity needs. Once paid for, nuclear reactors produce the cheapest electricity of any kind, so this investment should be seen as future proofing the UK electricity system.”
Prof Adrian Bull,Chair in Nuclear Energy and Society, Dalton Nuclear Institute, University of Manchester, said:
“It’s very welcome news to see the announcements today of Government support for a new wave of nuclear power in this country. We’ve known for decades that reliance on imported gas could ruin the environment – but recent years showed us that it can ruin the economy too. Nuclear gives much-needed resilience against global fossil fuel prices, without emitting the gases that cause climate change, so it’s excellent news that we are going to see new plants – both large and small – built.
“I’m especially pleased that we have finally got over our national phobia of replicating a previous project. We’ve never done that in our UK nuclear fleet before, but the rest of the world learned ages ago that series construction is the route to certainty over the time and budget for such projects. Doing the same things at Sizewell which we have already done at Hinkley Point is much easier than starting from scratch to build a massively complex plant for the first time.
“The announcement of Rolls Royce as the winner of the SMR competition is a welcome sign of progress, but it’s disappointing to see only one winner selected, when we had all anticipated more. Government has long been supporting the Rolls Royce SMR project – with over £200m of public funds provided already – so it was inconceivable they would not be on the podium at the end of the race. Seeing them there alone makes the two years spent by Great British Nuclear on running a competition look like time and effort that could have been better spent.
“Overall though, these nuclear plants – whilst not cheap – will produce reliable, low carbon electricity around the clock and will most likely do so for the best part of a century. This is an investment in our grandchildren’s future as well as helping towards our 2050 climate goal.”
Prof Dame Sue Ion GBE FREng FRS, a Fellow of the Royal Academy of Engineering, said:
“It’s really good news that the Government is finally taking steps to ensure that nuclear energy plays the vital role it should in achieving significant quantities of stable low carbon electricity. Perhaps as importantly, if not more so, is the news that Rolls Royce’s Small Modular Reactor has been selected as the technology of choice to progress the opportunity presented by SMRs. These systems are designed from the outset to be modular, with modern construction techniques using much more factory fabrication, so they will be faster and easier to build.”
Prof Tom Scott, Professor in Materials, University of Bristol, said:
“This is an extremely important strategic step for the UK towards achieving net zero carbon emissions. Nuclear energy is a safe, secure and reliable form of electricity generation. With the lessons learnt from the Hinkley Point C project, and with the experienced workforce and supply chain that has been established because of it, my expectations are high for the delivery of Sizewell C at a much lower cost and shorter timescale.
“The announcement about Government investment in Sizewell C and more excitingly, about the investment in Small Modular Reactors (SMRs), really shows the Government’s understanding and commitment towards nuclear as a key part of the solution towards achieving zero carbon emissions in the UK.
“SMRs offer the potential for providing new nuclear power stations much faster and more cheaply than conventional large-scale light water reactors like Hinkley Point C. Ultimately, the roll-out of SMRs delivered by British companies like Rolls-Royce will help to keep our electricity prices low whilst also generating high-value jobs across the U.K. This is a smart investment for the UK.”
Dr Mark Foreman, Associate professor of Nuclear Chemistry / Industrial Materials Recycling, Chalmers University of Technology, Sweden, said:
“Building a new power plant based on light water reactors at Sizewell is a good idea, it will provide a reliable supply of electric power which will help society reduce its dependency on fossil fuels. I hold the view that it will be a safe means of providing for the energy needs of society. Many critics of nuclear power use the example of the Chornobyl accident to argue that all nuclear power plants are unsafe. This is unreasonable, operating the Chornobyl reactor in the same way as it was just before the accident can be thought of as like roller blading along the M1. While running modern (or even a 1980s era) light water reactor is like calmly driving a Volvo equipped with all the latest safety features along the M1.”
Prof Adrian Bull: “I am a (paid) part time Professor at the Dalton Nuclear Institute, part of the University of Manchester; I am a (paid) consultant for US nuclear communications consultancy Full On Communications; I am an (unpaid) Board member of the Northern Nuclear Alliance; I am an (unpaid) Trustee of the Nuclear Institute; and am also the President-Elect, taking over in Jan 2026.”
Prof Dame Sue Ion: “Sue is Honorary President of the National Skills Academy for Nuclear.” “Sue is also a member of the Nuclear Regulatory Task Force.”
Prof Tom Scott: “In terms of interests, I am Director of the Spur West Nuclear Hub and Professor of Nuclear Materials at the University of Bristol sponsored by the Royal Academy of Engineering and the UK Atomic Energy Authority.
The nuclear hub is a consortium of academic, industrial and governmental partners coalescing around the requirement for research, skills and innovation in the UK nuclear sector.”
Dr Mark Foreman: “I have worked on advanced nuclear reprocessing for years and have also have worked on nuclear reactor safety issues. I have done and supervised research on the chemistry of nuclear accidents.”
Prof Mark Wenman “I have previously received funding for research from EDF Energy, Rolls-Royce, the UK National Nuclear Lab”
Tom Greatrex “The NIA is funded by its 320 member companies from across the civil nuclear industry.”
Dr Iain Staffell “I receive industry funding from a several companies in the UK and European energy sector, I try to keep this balanced so as not to over-represent any one technology or organization. Recent funding sources include: Drax, Octopus, SSE, HM Government, NESO (National Grid), EWE, Aurora, Baringa, Shell, Uniper, SLB, and the World Bank.”
Prof David Armstrong “I’ve had funding from UKAEA, Rolls Royce and EdF for research and students over the last 20 years.”
Prof Robin Grimes “I am a non-executive director of UKAEA and receive research funding from the UK national nuclear laboratory.”
Dr Mark Foreman “I do not currently get any money from the nuclear industry, I do not stand to make any money from the sales of nuclear products / technology. I have not been employed by the nuclear industry. I think that in terms of conflicts of interest I have none.”
Dr Lewis Blackburn“He receives funding from industry via Nuclear Decommissioning Authority, National Nuclear Laboratory, and Nuclear Waste Services”
Stephanie Baxter “No conflicts of interest.”
Will Davis “No conflicts of interest.”
Prof Andy Stirling “no conflicts of interest to declare.”
Dr Phil Johnstone “no conflicts of interest to declare.”
Dr Sarah Darby “I have no conflicts of interest to declare.”
For all other experts, no reply to our request for DOIs was received.
Applications will open for the fifth year of the Marine Fund Scotland today.
The fund will make £14 million available in 2025-26 to help deliver Scotland’s Blue Economy Vision, transform the way the marine environment is used and how Scotland’s ‘blue’ resources are managed.
Eligible individuals, businesses, and organisations can apply for funding for new projects that will contribute to an innovative and sustainable marine economy, support coastal communities, and help Scotland reach net zero emissions.
Last year, a total of 67 projects received funding, with grants ranging from under £1,000 up to £1.6 million. These projects included the modernising of seafood processing facilities to reduce energy consumption and improve efficiency; the first Scottish facility to recycle mixed material from fishing and aquaculture nets and marine litter prevention; support for young fishers purchasing their first fishing vessel; and marine research and innovation to protect iconic wild salmon.
Cabinet Secretary for Rural Affairs, Land Reform and Islands Mairi Gougeon said:
“Since 2021 the Marine Fund Scotland has awarded more than £55 million in grants to 330 projects, facilitating a total of £121 million of investment and supporting jobs and communities right around our coastline and throughout our islands. I urge all those with ideas for projects to help marine industries to evolve and flourish to apply.
“We are backing Scotland’s marine economy, which is crucial to the economic, social and cultural fabric of our rural, coastal and island communities. They now need the UK government to do the same and to provide Scotland with its fair share of funding.
“The UK Government recently announced a new £360 million Fishing and Coastal Growth Fund, and I am calling for a fair share of the budget allocation to be devolved. This multi-year funding will be key to delivering benefits for the marine economy and environment, as well as supporting coastal communities, for years to come. If this newly announced funding isn’t devolved to Scotland, it will duplicate the current funding programmes, causing stakeholder confusion and dilution of intended benefits.”
Donna Fordyce Chief Executive of Seafood Scotland said:
“The Marine Fund Scotland funding has been vital to not only retain existing markets for our premium Scottish seafood but to develop new markets to achieve the highest value for the industry. Funding also allowed Seafood Scotland to further develop the Seafood in Schools programme launching the Scottish Seafood Ambassador scheme and Teach the Teacher curriculum-linked educational resources. The aim is to increase consumption of our delicious seafood and highlight the sector as a career of choice; this is very relevant given the labour shortage the industry is currently facing.”
Professor of anthropology Dimitris Xygalatas is a scientist and self-declared rational thinker. But he’s also a lifelong soccer fan, and he fully admits that when his Greek home team finally won their league in 2019, he cried tears of joy.
“Not what you might call a rational organism’s behavior,” he jokes.
But his reaction is in keeping with his latest study, published online this week in the Proceedings of the National Academy of Sciences (PNAS), which shows that the intense feelings of joy, unity, and excitement fans experience surrounding sports can be less about the game and more about the ritual of coming together.
“Rituals are the kinds of things that, at first glance, don’t make any sense in terms of human behavior, but are deeply meaningful to people,” says Xygalatas.
With the cooperation of a die-hard Brazilian soccer (actually, it’s “football,” Xygalatas grudgingly reminds us Americans) fan club, Xygalatas and his team tracked the physiological arousal of fans before, during, and after a state championship final in Minas Gerais between local rival teams.
Using wearable heart monitors, they measured the emotional reactions of fans during the ritual of Rua de Fogo (Street of Fire), where crowds gather near the stadium to welcome the team’s bus. As it arrives, fans light flares, smoke bombs, and fireworks, wave flags, and chant to boost team morale and unify supporters.
The scientists outfitted participants with EKG monitors hidden beneath their clothing. The devices measured heart rate fluctuations, which is a proxy for emotional arousal, as fans participated in the pre-game celebration, entered the stadium, and watched the match unfold.
What they found was striking: The levels of shared excitement, or what the scientists call “collective effervescence,” peaked not during the game, but during the pre-game fan rituals.
Only when the home team scored a goal did those physiological markers exceed the emotional high of the pre-match gathering.
“What we see is that, in fact, the pre-game ritual generates more emotional synchrony than the game itself,” Xygalatas says. “There’s a single moment in the entire game when they have more collective emotional synchrony than the pre-game ritual, and that’s when they scored a goal.”
The findings underscore Xygalatas’ broader work to understand how ritual shapes human behavior and identity.
Xygalatas’ past research has taken him to remote firewalking ceremonies and intense religious festivals. But soccer, he says, offers a unique laboratory: It’s a global obsession that’s rich in ritual and pageantry, but largely free from political or religious ideology.
“People attribute a lot of meaning to sports,” Xygalatas says. “Sports generate billions and billions of dollars globally, and they take up so much of people’s attention. And the reason they do that is not just because of what’s happening on the pitch. It’s because of these ritualized interactions that occur among the fans.”
The implications, the paper argues, extend beyond sports. Ritualized group behaviors like concerts, religious ceremonies, or political rallies, may powerfully shape people’s emotions and even their beliefs.
“By going to these events, we’re actually shaping our beliefs,” he says. “So, sports is not just an excuse for people to get together. It’s a driver of identity.”
Xygalatas speaks from experience. As a young man growing up in Thessaloniki, Greece, he was a member of a soccer fan club. One day, while wearing his team’s scarf in the wrong neighborhood, he was ambushed by four men and brutally attacked, an incident that echoes the fatal beating of a 19-year-old in his hometown years later, also over team allegiance.
“I felt a blow to my head from behind, and next thing I knew, there were four men beating me, kicking me on the head, everywhere,” remembers Xygalatas. “The reason I was able to escape is that another group of men was turning the corner, wearing my insignia, so they chased them away.”
Football, he says, is the only sport that regularly leads to deadly violence, a fact that leagues and governing bodies like FIFA should take seriously.
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He says it’s in soccer clubs’ best interest to strike a balance between building loyalty, which Europeans and South Americans are excellent at doing, and making it safe for people to participate in.
Still, Xygalatas is clear that he’s not advocating for less passion. He hopes his work helps people understand why they care so deeply in the first place.
“If we look at what makes us human, we realize that it’s our ability and our need to derive meaning from things that seem meaningless,” he says.
Xygalatas’ co-authors on this paper are Mohammadamin Saraei, graduate student in the Department of Psychological Sciences; Vitor Leandro da Silva Profeta, professor in the Departamento de Educação Física at the Universidade Federal de Minas Gerais; and Gabriela Baranowski-Pinto, professor in the Department of Human Movement Sciences at the Universidade do Estado de Minas Gerais.
In almost the same way the rope aboard the Pequod “folds the whole boat in its complicated coils,” so too have the details of the 14th International Melville Society Conference around UConn’s Mary K. Bercaw Edwards.
Who knew planning a weeklong event at UConn Avery Point for 150 Herman Melville scholars from lands as far away as those along the route in the hunt for Moby Dick would imitate passages from the English professor’s favorite chapter in the novel by the same name?
The whaling line, Melville writes of the rope, is both “magical, sometimes horrible.”
But once the scholars arrive and the opening plenary address begins on Monday, June 16, Bercaw Edwards says she’ll settle in and enjoy what the week has to offer as the UConn campus and southeastern Connecticut show off their maritime heritage.
“It’s going to be an amazing conference. The talks look outstanding, and everyone is so excited to be in this location,” Bercaw Edwards says.
Titled “Oceanic Melville,” the conference follows a 2022 gathering in Paris and other global destinations through the years including Poland in 2007, Israel in 2009, Italy in 2011, and Japan in 2015. The first was held in Greece in 1997, with gatherings planned generally biennially.
The latest exhibition, “Oceanic Melville,” at the Alexey von Schlippe Gallery of Art features artwork inspired by Herman Melville’s novel “Moby-Dick,” including artist Robert Del Tredici’s mixed media print, “Torn Body, Gnashed Soul.” The exhibition at UConn Avery Point is open through June 19. (Kimberly Phillips/UConn Today)
Bercaw Edwards says The Melville Society, an international organization dedicated to the study of the author, asked her to arrange a conference at Avery Point in part because of its proximity to Mystic Seaport Museum just 15 minutes down the road where the Charles W. Morgan, the last wooden whaleship in the world, is on display.
The Morgan was launched in 1841 from New Bedford, Massachusetts, built seven months after and 7 miles away from the Acushnet, the whale ship on which Melville served as a crewmember in the Pacific Ocean before writing “Moby-Dick,” making the Morgan as identical as possible to the Acushnet.
While several days of panel discussions and other academic talks (some are open to the public) on topics ranging from Melville in popular culture to Melville and his animals are the centerpiece of the conference, Bercaw Edwards says a daylong trip to the Museum, where she works in the summer, and the chance to get up close with the Morgan is a highlight.
“They’ll see us raise sails, lower and raise the whale boat. They’ll get to pull on the halyards, which will give them a visceral feeling of what it’s like to set sail,” she says of conference attendees. “We’re also going to give them an opportunity to actually row in whale boats.”
Participants’ day at the Museum also will include the daily activities available to the public, including a concert by staff musicians playing and singing the songs mentioned in “Moby-Dick” and a 35-minute play with three actors using Melville’s words to tell the story of Ahab and the whale.
“Monstrous: Whaling and its Colossal Impact,” the Museum’s newest exhibition that opened in late May and runs through Feb. 16, 2026, by happenstance coincides with the conference.
The exhibition has been built around Mexican American artist Jos Sances’ scratchboard mural, “Or, The Whale,” a 51-foot-long artwork the same size as a juvenile sperm whale. Bercaw Edwards says Sances created the piece after reading and finding inspiration in “Moby-Dick.”
“Sances is a screen printer and a scratchboard artist who’s from Mexico and lives in California – and then he read ‘Moby-Dick’ and was driven to make this mural,” she says. “With his background, there was nothing that would have drawn him naturally to reading a book by a white New England author, but he did just like so many others do.”
‘Deep and Important Questions’
From the perspective of Pequod crewmember Ishmael, “Moby-Dick” tells the story of Captain Ahab’s trek across the globe for vengeance against the albino sperm whale Moby Dick, which took off his leg during a previous encounter.
Some chapters are incredibly dense with precise details about whaling and sailing, while others are so action-packed the story moves quickly. It’s considered among the greatest American novels and for many English majors might be considered their very own white whale.
“Quenchless Feud (Ahab)” from artist Jos Sances is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Bercaw Edwards says she’s oftentimes amazed that today’s audiences are so interested in something written in 1851 – that’s nearly 175 years ago – especially given that it’s authored by a dead, white male and features the killing of whales.
“It seems as politically incorrect as it can possibly be, and yet it feels as if it’s still on the ascendancy,” she says. “It’s a long, dense, tough book, and yet it’s immensely popular. There are graphic novels, movies, plays, concerts, memes, and T-shirts about it.”
She says she once witnessed a colleague who writes about Melville in popular culture mention the word “tattoo” during a talk, and afterward a throng of people gathered around to show him the Melville-inspired artwork on their biceps, forearms, and calves.
“It’s just amazing to me that Melville is so popular. I think it’s because he asks all kinds of deep and important questions: Is there truth? Is there justice? Is there anything beyond our human existence? How do we go about life? And he doesn’t give us any answers. Every time you think ‘OK, that’s the answer,’ he undercuts it. He wants you to realize there are no answers, but he’s asking these great questions. I think that’s part of why it’s still eternal,” she says.
Never mind the beauty of Melville’s writing.
“At the end of Chapter 1, Melville writes, ‘It is but well to be on friendly terms with all the inmates of the place one lodges in.’ I’ve always loved that. We should all get along,” Bercaw Edwards says. “I also love, ‘Ignorance is the parent of fear.’ People are afraid of things they don’t know. It’s so true.”
Pequod third mate Flask fears butter – yes, a stick of butter – Bercaw Edwards continues, noting the humor in the book. He feels as if he’s not entitled to the spread: “So when they’re all eating with Ahab – Starbuck, Stubb, and Flask – they’re always really quiet because they’re kind of nervous around Ahab, and Flask, of course, never dares to take butter. Then Melville writes, ‘For Flask is a butterless man.’”
Reading ‘Moby-Dick’
Every time “Moby-Dick” appears on a syllabus in one of Bercaw Edwards’ classes, she says she gives it a fresh read, no specific routine around it, no tableside requisite cup of black tea to share with Ahab.
She’s delighted in its humor during her at least 35 times rereading it through the years – so many instances that she finds herself quoting it as she goes along. And when she gets to her favorite chapter – number 60, “The Line” – she knows she’ll get the best Melville has to offer.
“He’s describing the whale line, which is attached to the harpoon and thrown into the whale. He has really basic information about the line, about rope, and then it’s infused with all kinds of humor,” she says, quoting his description of hemp: “Hemp is a dusky, dark fellow, a sort of Indian; but Manilla is as a golden-haired Circassian to behold.”
Melville then builds to what Bercaw Edwards calls a “metaphysical lift,” explaining that the whale-line surrounds the boat, crisscrossing it and traveling by each of the crewmembers. He then notes that we’re all surrounded by ropes, and no one knows when it will take you to eternity.
“It’s set up like a sermon,” she says of the chapter. “Sermons pick apart a line from biblical text. This does the same thing. It just does it with real line rather than a line of text.”
Then again, Bercaw Edwards can relate to Melville and journeys around the world better than most.
As her friends shifted into high school upperclassman status at 16 years old, she and her family went to sea, she says. The family of five – Mom and Dad, sister and brother, and her – sailed around the globe on a journey that took 3½ years.
“When I went to college, I knew I wanted to be an English major, but I was thinking I would study Henry James,” she says of the American British author. “Then my professor suggested that with my sailing background I should be a Melville scholar – and now I can’t imagine anything else. All my scholarship has been on Melville, with a little on Joseph Conrad and Jack London, but always centered on Melville.”
She acknowledges, though, that for some, reading “Moby-Dick” might be daunting, to which she offers four words of advice: Visit Mystic Seaport Museum.
Seeing the whale boat demonstrations and getting onboard the Morgan to imagine sleeping in its belly every night for between two and five years oftentimes help people get through those challenging whaling chapters.
She further recommends listening to the story as an audio book.
“When people hear it read aloud, they’ll often see how funny it is. I mean, it’s full of humor, and that’s often lost when people get stuck on the fact that this is The. Great. American. Novel,” she says.
From July 31 to Aug. 1, Mystic Seaport Museum will host its 40th annual “Moby-Dick” Marathon reading of the book to coincide with Melville’s Aug. 1 birthday. Readers gather onboard the Morgan and take about 24 consecutive hours to get through the 135 chapters.
“One of the things I always notice is people listening and then they start to laugh and feel embarrassed, like they’re not supposed to. This is The Great American Novel, but of course we’re supposed to laugh,” she adds.
Public Events and AVS Exhibition
With grant funding from Connecticut Humanities and the Gladys Krieble Delmas Foundation, several events during The Melville Society conference will be open to the public, Bercaw Edwards says.
The opening plenary talk at 10:15 a.m. on Monday, June 16, “Other Seas: Sailing Without Ahab,” will come from St. John’s University English professor Steve Mentz, who’s figured prominently in the field of blue humanities. He will discuss how humans engage with water, along with the history and theory of water-centric thinking.
“The Pod” from artist George Klauba is on display as part of “Oceanic Melville” at the Alexey von Schlippe Gallery of Art at UConn Avery Point. (Kimberly Phillips/UConn Today)
Then, at 6 p.m. on Wednesday, June 18, “Does the Whale Diminish? – Will He Perish? Cross-Disciplinary Currents in Conversation” will offer a panel discussion with Anne Cohen from the Massachusetts Institute of Technology and Woods Hole Oceanographic Institution, conservation biologist and author Joe Roman, and Portuguese marine researcher Rui Prieto.
The closing plenary address at 4 p.m. on Thursday, June 19, also is open to the public. It features Lenora Warren from Cornell University, one of the leading scholars about Melville and race. Her talk, “Melville’s Ghosts,” dovetails with the day also being Juneteenth.
At the Alexey von Schlippe Gallery of Art at Avery Point, the exhibition “Oceanic Melville” comes together thanks to curator and gallery director Jeanne Ciravolo, along with Bercaw Edwards and Robert K. Wallace from Northern Kentucky University.
Ciravolo says she mentioned during a campus faculty meeting more than a year ago that she enjoys making the gallery’s exhibitions interdisciplinary experiences and afterward Bercaw Edwards asked if she was interested in working together on a show to dovetail with the conference.
“I absolutely was,” Ciravolo says. “I’m a reader. I once thought I’d be an English teacher, but I became an artist, so to have the opportunity to marry literature plus art is very unusual for me and special.”
About two dozen framed artworks on loan from The Melville Society, which houses its collection at the New Bedford Whaling Museum in Massachusetts, are part of the show, along with several artists’ books, Ciravolo says, noting that most of the pieces relate to “Moby-Dick.”
This includes three full-color pieces from artist George Klauba, prints from sculptor and graphic artist Leonard Baskin, and an abstract piece, “Skin’s Path/Moby Dick,” from artist Aileen Callahan, a charcoal on paper that depicts the damaged skin of a whale that’s been beaten with time.
“The idea is to always get a mix of things, a variety of style and media, into the gallery,” Ciravolo says, explaining she and Bercaw Edwards visited the New Bedford Museum to pour through The Melville Society’s full collection, as well as the Museum’s Elizabeth Schultz Collection, and select the most powerful artworks from watercolor to printmaking.
“The scholars who are coming are going to appreciate seeing these artworks,” Ciravolo says. “I love that it will be a generative experience for them and that the public will have the chance to see this very interesting show. We’re here on Long Island Sound, near the whaling center of New England, so it’s a perfect place for this.”
The AVS Gallery is open Thursdays through Sundays from noon to 4 p.m. in the Branford House at UConn Avery Point. It will have extended hours from noon to 4 p.m. on Monday, June 16, and Tuesday, June 17, during the Melville conference for both participants and the public. The “Oceanic Melville” exhibition is open now through Thursday, June 19.
DURHAM, N.C., June 10, 2025 (GLOBE NEWSWIRE) — ServiceTrade, Inc., the field service management platform that enables commercial service contractors to build stronger, more profitable businesses, today announced powerful new functionality that brings sales, service delivery, invoicing, and customer service together in one fully integrated system—streamlining operations and driving stronger, more profitable growth.
ServiceTrade’s end-to-end platform now enables sales teams to easily create detailed asset-based service proposals with customized preventative maintenance schedules and tiered pricing options. Once approved, proposals are automatically converted into executable contracts, allowing teams to schedule, deliver, and manage the work without delay. The new functionality bridges the gap between sales and service operations, unlocking more efficiency and profitability.
“Sales and service alignment is no longer a nice-to-have—it’s a competitive advantage,” said Brook Bock, Chief Product Officer at ServiceTrade. “The integration of sales functionality with our field service management platform gives contractors total visibility across their customer lifecycle, encompassing sales proposals, equipment history, contract terms, scheduled maintenance, service delivery, and invoices—all within one system. The results include more deals with the most profitable customers, higher close rates, fewer missed revenue opportunities, and sustainable growth.”
In many commercial contracting businesses, sales and service teams operate within disconnected systems, resulting in costly delays, lost details, and missed opportunities. Redundant data entry slows down sales and field service operations, while limited visibility into customer contracts and equipment lifecycles leaves revenue on the table.
By combining proposal generation and funnel management tools with ServiceTrade’s best-in-class service operations engine, commercial contractors gain a seamless, end-to-end workflow—from proposal to completed job. ServiceTrade’s comprehensive functionality supports growth for commercial contractors by:
Accelerating contract execution by eliminating friction between sales and service handoffs.
Streamlining operations, eliminating duplicate data entry, and reducing administrative overhead via a single, end-to-end customer record.
Combining multiple site estimates into a single, professional proposal, thereby simplifying the sales process for corporate, government, or multi-site customers.
Increasing sustainable revenue and profit while maximizing the value of long-term customer agreements.
Capturing a higher margin by ensuring sales commitments are executed efficiently in the field.
BLUEHAT MECHANICAL GROWS WITH SERVICETRADE
“Before ServiceTrade, we’d lose momentum between quoting a job, delivering it, and securing our next service with that customer,” said Karim Nice, owner of BlueHat Mechanical, a leading mechanical service contractor in North Carolina. “Now, with one connected system, our teams are fully aligned, we’re capturing more opportunities, and our revenue flow is smoother and more predictable than ever.”
ABOUT SERVICETRADE
ServiceTrade helps commercial service contractors build stronger, more profitable businesses. With over a decade of category leadership and more than 1,300 customers, ServiceTrade’s end-to-end platform streamlines operations from the field to the back office, improves technician productivity, and strengthens customer relationships from contract to invoice. ServiceTrade powers the modern commercial contractor. Learn more at www.servicetrade.com.
Yaoundé, May 8, 2025 – Cameroon has taken a major step toward ocean protection by signing, on May 2, 2025, the Agreement on the Conservation and Sustainable Use of Marine Biological Diversity of Areas Beyond National Jurisdiction (BBNJ Agreement). This agreement aims to establish a global, legally binding framework for the preservation of biodiversity in the high seas.
The news comes just weeks before the United Nations Ocean Conference (UNOC), strengthening Cameroon’s position on the international stage in ocean governance. “The Cameroonian government’s signature is a glimmer of hope for the future of our oceans,” says Dr. Aliou Ba, Oceans Campaign Lead at Greenpeace Africa. “We now hope for swift ratification so that this commitment can become reality.”
The signed agreement is part of a global movement to close the legal gap surrounding international marine areas. It establishes binding rules to protect species, regulate human activities on the high seas and enhance scientific cooperation.
However, vigilance remains crucial at the national level. A recent Mongabay investigation, published in April 2025, revealed serious threats to the Manyange na Elombo Campo Marine Park —the first marine protected area in Cameroon. This site, located near Kribi, is currently under threat from a controversial iron mining project.
“This example highlights the contradictions between political commitments and on-the-ground realities,” notes Dr. Ba. “The treaty’s signature alone is not enough. It must be followed by strong measures to protect coastal areas and marine resources.”
With 500 kilometers of coastline along the Atlantic Ocean, Cameroon is home to remarkable marine biodiversity: over 500 fish species, marine mammals, and plankton-rich ecosystems. These vital resources are now under threat from industrial exploitation, pollution and the effects of climate change.
Greenpeace Africa is urging Cameroonian authorities to turn this signature into concrete action: strengthening conservation mechanisms, monitoring marine activities and honoring international commitments.
“We applaud Cameroon’s example and call on other African nations to follow suit. This treaty is a historic opportunity for Africa to play a leading role in ocean protection—for the benefit of communities, biodiversity, and future generations.” concludes Dr. Ba.
Media Contact:
Luchelle Feukeng, Communication and Storytelling Manager, [email protected], +237 656 46 35 45
NEW YORK, June 10, 2025 (GLOBE NEWSWIRE) — Sharps Technology, Inc. (Nasdaq: “STSS” and “STSSW”) (“Sharps”), an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart safety syringe products to the healthcare industry, today announced that Robert Hayes, CEO, will present live at the Life Sciences Virtual Investor Forum hosted by VirtualInvestorConferences.com, on June 12th, 2025 at 9:30 AM ET.
Sharps recently announced that the Company has commenced shipments under three customer orders tied to previously announced purchase agreements. These shipments represent the Company’s first commercial deliveries and its transition to revenue-generating operations. All products are being manufactured and shipped from Sharps’ facility in Hungary, which has undergone significant upgrades to support high-volume production. Read the update releaseHERE.
This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.
It is recommended that online investors pre-register and run the online system check to expedite participation and receive event updates.
About Sharps Technology: Sharps Technology is an innovative medical device and pharmaceutical packaging company offering patented, best-in-class smart-safety syringe products to the healthcare industry. The Company’s product lines focus on providing ultra-low waste capabilities, that incorporate syringe technologies that use both passive and active safety features. Sharps also offers products that are designed with specialized copolymer technology to support the prefillable syringe market segment. The Company has a manufacturing facility in Hungary. For additional information, please visit www.sharpstechnology.com.
Investor Contact: Holdsworth Partners Adam Holdsworth Phone: 917-497-9287 Email:IR@sharpstechnology.com
FORWARD-LOOKING STATEMENTS: This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. When used in this press release, the words “anticipate,” “believe,” “estimate,” “expect,” “future,” “intend,” “plan,” “poised” or the negative of these terms and similar expressions, as they relate to us or our management, identify forward-looking statements. Such statements, include, but are not limited to, statements contained in this press release relating to our business strategy, our future operating results and liquidity, and capital resources outlook. 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. Our actual results may differ materially from those contemplated by the forward-looking statements. They are neither statements of historical fact nor guarantees of assurance of future performance. We caution you therefore against relying on any of these forward-looking statements. Important factors that could cause actual results to differ materially from those in the forward-looking statements include, without limitation, our ability to raise capital to fund continuing operations; our ability to protect our intellectual property rights; the impact of any infringement actions or other litigation brought against us; competition from other providers and products; our ability to develop and commercialize products and services; changes in government regulation; our ability to complete capital raising transactions; and other factors relating to our industry, our operations and results of operations. Actual results may differ significantly from those anticipated, believed, estimated, expected, intended, or planned. 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 cannot guarantee future results, levels of activity, performance, or achievements. The Company assumes no obligation to update any forward-looking statements in order to reflect any event or circumstance that may arise after the date of this release.
About Virtual Investor Conferences® Virtual Investor Conferences (VIC) is the leading proprietary investor conference series that provides an interactive forum for publicly traded companies to seamlessly present directly to investors.
Providing a real-time investor engagement solution, VIC is specifically designed to offer companies more efficient investor access. Replicating the components of an on-site investor conference, VIC offers companies enhanced capabilities to connect with investors, schedule targeted one-on-one meetings and enhance their presentations with dynamic video content. Accelerating the next level of investor engagement, Virtual Investor Conferences delivers leading investor communications to a global network of retail and institutional investors.
Virtual Investor Conferences: John M. Viglotti SVP Corporate Services, Investor Access OTC Markets Group (212) 220-2221 johnv@otcmarkets.com
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
LOS ANGELES, June 9 (Xinhua) — About 700 US Marines have been mobilized in connection with protests in Los Angeles, the country’s second-largest city, CNN reported on Monday, citing three sources familiar with the situation.
Marines from 2nd Battalion, 7th Marines, based at Marine Corps Air Ground Combat Center Twentynine Palms, will join thousands of National Guard troops who were activated by U.S. President Donald Trump over the weekend without the consent of the California governor or the mayor of Los Angeles, the statement said.
CNN noted that the deployment of a full battalion of Marines marks a significant expansion in the scale of Trump’s use of the military to demonstrate force against protesters.
Like National Guard troops, the Marines are prohibited from engaging in law enforcement activities, such as making arrests, unless Trump invokes the Insurrection Act, which allows the president to use the armed forces to stop an insurrection or rebellion against federal government, the statement said.
The city of Twentynine Palms is located approximately 220 kilometers east of downtown Los Angeles.
The Marines deployed to Los Angeles will be tasked with protecting federal property and personnel, NBC News quoted two U.S. Defense Department officials as saying, while ABC News reported they are expected to arrive within the next 24 hours.
On Saturday, Trump took emergency action by calling in 2,000 National Guard troops to quell immigration protests in the Los Angeles area, invoking rarely used federal powers and bypassing the authority of California Gov. Gavin Newsom.
About 300 National Guard troops arrived early Sunday in downtown Los Angeles. More than 1,000 protesters clashed with National Guard troops in the city Sunday during demonstrations against immigration enforcement raids that took place across California over the weekend. –0–
India is poised to make history as Group Captain Shubhanshu Shukla of the Indian Air Force prepares to become the first Indian astronaut in over four decades to travel to space. Selected under the Indian Space Research Organisation’s (ISRO) Human Spaceflight Programme, Shukla will serve as Mission Pilot for Axiom Mission 4 (Ax-4) to the International Space Station (ISS), launching aboard a SpaceX Falcon 9 on June 11, 2025. This mission, reviving the legacy of Rakesh Sharma’s 1984 spaceflight, underscores India’s bold ambition to lead in global space exploration.
Managed by Axiom Space and led by Commander Peggy Whitson of the USA, Ax-4 is a landmark collaboration involving India, Poland, and Hungary, each sending government-sponsored astronauts to the ISS for the first time. Shukla’s role highlights India’s growing prominence in the global space community, focusing on operational readiness, microgravity adaptation, and advanced scientific experiments in space biology and life support systems. His work will include pioneering studies on edible microalgae to explore their growth under microgravity and space radiation, alongside research on cyanobacteria like Spirulina and Synechococcus for self-sustaining life support systems. An ISRO-led project, Voyager Tardigrades, will investigate the resilience of tardigrades in space, aiming to uncover molecular mechanisms for surviving extreme environments. Additional experiments on crop seeds, myogenesis, STEM demonstrations, and sprouts will further bolster India’s space science expertise. These efforts, developed in partnership with ISRO, NASA, and the Department of Biotechnology, are vital for long-duration missions and align with India’s Gaganyaan Programme, targeting a crewed mission to Low Earth Orbit by 2027.
The Gaganyaan Programme, backed by a ₹20,193 crore budget, is India’s flagship initiative for indigenous human spaceflight. It aims to develop and validate technologies for safe crewed missions, with a vision to establish the Bharatiya Antariksh Station by 2035 and achieve a crewed lunar landing by 2040. Four Indian Air Force test pilots—Group Captains PB Nair, Ajit Krishnan, Angad Pratap, and Shukla—have completed rigorous training. As of May 2025, the programme is in its final phase, with the Human-rated LVM3 vehicle, Crew Escape System, and Crew Module undergoing final testing for a planned 2027 launch. Gaganyaan is expected to drive technological innovation, industrial growth, and high-tech job creation, while inspiring future generations in STEM fields.
India’s space programme has already achieved remarkable milestones. Between January 2015 and December 2024, ISRO launched 393 foreign satellites and three Indian customer satellites, serving 34 countries, including the USA, UK, and Singapore. In 2017, ISRO set a world record by launching 104 satellites in a single mission. The Chandrayaan-3 mission made India the first nation to land on the Moon’s southern pole, with the Pragyan rover confirming sulphur presence. The Aditya L-1 solar mission, launched in 2017, captured unprecedented solar flare data in February 2025. Upcoming initiatives like the SpaDeX mission in December 2024 will demonstrate indigenous docking technology, while ISRO’s Orbital Re-entry Vehicle will enable autonomous re-entry and landing capabilities.
International collaborations are central to India’s space strategy. Partnerships with NASA on the NISAR mission, ESA on astronaut training and microgravity research, CNES on the TRISHNA satellite, and JAXA on lunar exploration studies highlight India’s global role. The India Space Policy 2023 and liberalized FDI norms, allowing up to 100% investment in certain space activities, have fueled private sector growth, with over 328 space startups emerging in recent years. Central Public Sector Enterprises like Antrix Corporation Limited and NewSpace India Limited, alongside IN-SPACe, are driving innovation and commercialization. The space budget has nearly tripled over the past decade, from ₹5,615 crore in 2013-14 to ₹13,416 crore in 2025-26, reflecting strong government commitment.
India’s Space Vision 2047 outlines ambitious goals, including the Bharatiya Antariksh Station, lunar landings, and missions to Venus.
President Donald Trump has praised the Gilded Age, which he believes was a time of immense national prosperity thanks to tariffs, no income tax, and few regulations on business.
Similar to today, the late 19th century was a time where a small group of men enjoyed immense wealth, privilege and power to shape the nation. It was a time of immense inequality, as factory and housing conditions crushed the lives of the poor.
And it was a time of white Christian nationalism.
In Northern cities, reformers saw the wealth gap, the plight of workers and the squalid conditions in tenements as undermining their vision of a Christian America. Fueled by faith, the Social Gospel movement worked to expand labor rights and improve living conditions at the turn of the 20th century.
At the same time, many of these white Protestant activists believed their own culture and race to be superior, and this prejudice hindered their efforts. They often spouted anti-Catholic and anti-immigrant rhetoric, and mostly ignored Black workers’ plight.
One of Jacob Riis’ many photographs of living conditions on New York’s Lower East Side. Bettmann via Getty Images
Ever since the Puritans landed, white Christian nationalism has informed how many Protestants try to shape their country – a history I trace with church historian Richard T. Hughes in the book “Christian America and the Kingdom of God.” But Christian nationalism has taken dramatically different forms over time. The progressive Social Gospellers of a century ago are a particularly striking contrast to the conservative Christian right that has shaped U.S. politics for half a century, up to today.
Guardians of a Christian nation
There are many differences between Christian nationalism then and now. Like many conservative Christians today, however, the Social Gospellers believed that the United States was uniquely chosen and blessed by God, and called to be a Christian nation. They saw themselves as the rightful guardians of that mission. And though the country was still overwhelmingly Protestant, they feared they were losing influence.
New research explored the history of the Bible – research that many Christians feared would undermine people’s trust in Scripture as the word of God, by emphasizing its human composition. New scientific ideas about the Earth’s creation and human evolution challenged their visions of an all-powerful, all-knowing God. Meanwhile, rapid industrialization and urbanization had created new social challenges, such as workers’ safety and living conditions, leading some to reject faith as irrelevant to their needs.
Social Gospellers wanted to vindicate Christianity and show it was still relevant to modern life. But white leaders’ vision of what a Christian America should look like conflated their Protestant faith with their race and culture.
Josiah Strong, for example, was a Congregationalist minister known for promoting factory safety. But he stoked fear of Catholic immigrants and endorsed the expansion of the U.S. as a benevolent empire. The Anglo-Saxon race “is destined to dispossess many weaker races, assimilate others, and mold the remainder,” Strong argued in his 1885 book, “Our Country.”
Another Social Gospel reformer, Northern Baptist theologian Walter Rauschenbusch, railed against unrestrained greed, political corruption, militarism and contempt between elites and the working class. But he shared the white supremacy of his age. God was favoring Germanic and Anglo-Saxon people, he claimed, to enact God’s purposes.
“Other races are as dear to God as we and he may be holding them in reserve to carry His banner when we drop it,” he wrote in an undated article. But it was part of God’s plan, he believed, for Northern Europeans to “hold the larger part of the world’s wealth and power in the hollow of their hands and the larger share of the world’s intellectual and spiritual possessions in the hollow of their heads.”
The ‘right’ kind of Christian
Though many white Protestants felt threatened by the challenges of immigration, they were still a clear majority, and they presumed that most Americans would endorse applying Christian ethics to public policy and social reform.
What’s more, women gaining the right to vote in 1920 meant Social Gospel leaders expanded Protestants’ power at the ballot box. Many Social Gospel leaders embraced women’s suffrage because women were already leading supporters for their causes: For example, Frances Willard, who promoted temperance and workers’ rights; and Jane Addams, who ran a Christian “settlement house,” or community center, for the poor.
But in another sense, demographics were not on their side. The U.S. might have been a very white and Christian country, but in some Social Gospellers’ minds, the era’s waves of immigrants were not the “right” kind of Christian: Northern European and Protestant. Immigration was shifting from Great Britain, Ireland and Germany to Russia, Poland, Hungary and Italy. While Protestants far outnumbered Catholics nationally, Strong wrote that they were double the Protestant population in major cities like New York, Chicago and Philadelphia.
Strong argued that Catholic immigrants were lazy, prone to alcoholism and criminal activity, and willing to sell their vote to corrupt city politicians. He claimed they would corrupt the morals of Anglo-Saxon Americans, and that if the Catholic population grew, it would undermine Protestants’ religious liberty.
Nativist views like these led to the National Origins Act of 1924, which restricted the number of immigrants. Quotas for each country were based on the profile of the American population in 1890 – an attempt to maintain Protestant dominance against Catholic and Jewish immigration from Southern and Eastern Europe. That distrust also kept Social Gospellers from partnering with Roman Catholic leaders on shared concern for workers.
Flourishing for all, or some?
Still, when it came to workers’ basic needs, reformers cared deeply about improving circumstances for the “least of these.” The movement was strongly influenced by the biblical parable of the sheep and the goats: verses in the Book of Matthew where Jesus promotes feeding the hungry, caring for the sick, clothing the naked and visiting those in prison.
Social Gospellers aimed to prove that Christianity could answer the social challenges caused by industrialization, urbanization and immigration. For the most part, they sought to use their privilege in ways that promoted the flourishing of all Americans, such as expanding labor rights and providing services to the poor through settlement houses.
A photograph by Jacob Riis in a small New York City sweatshop in the 1880s. Bettmann via Getty Images
In 1908, for example, the Federal Council of Churches adopted a 14-point statement called the “Social Creed,” affirming that churches should support reforms “to lift the crushing burdens of the poor, and to reduce the hardships and uphold the dignity of labor.” While some of the reforms they called for are taken for granted today — like one day off per week — other calls, like a living wage for all, are yet to be realized.
Over the past half-century, the modern Christian right, too, has feared that its vision for the nation is eroding. Conservative churches have seen their influence drop as more Americans move awayfrom organized religion and reject their rejection of LGBTQ+ people.
Like the Social Gospellers of a century ago, the Christian nationalists of recent decades are wary of religious and racial change in their country. Yet the movement’s priorities – often focused around its vision of families, sex and gender – are starkly more limited than the broader quality-of-life issues that Social Gospellers addressed.
Both groups desired an America rooted in biblical values. But each interpreted Scripture through its own lens, seeking to remake America in its own, white Protestant image.
Christina Littlefield does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: United States House of Representatives – Congresswoman Joyce Beatty (3rd District of Ohio)
WASHINGTON, D.C.– Today, Congresswoman Beatty reintroduced H.R. 3709 the ‘Advancing the Mentor Protégé Program for Small Financial Institutions Act’ to codify the Financial Agent Mentor-Protégé Program at the U.S. Department of the Treasury. The program pairs up small and rural financial institutions with large banks and credit unions, providing resources, training, and technical assistance to help them better serve their communities and become Financial Agents to Treasury.
Small financial institutions, including Minority Depository Institutions (MDIs), play a critical role in their communities, yet there are only 151 MDI banks left in the United States, and the number of minority-owned banks has dropped more than 30% since its peak in 2008. Although their numbers have largely stabilized in recent years, MDIs generally have much higher expenses and are often forced to merge with other minority-owned banks to survive.
“Small financial institutions are anchors of local economies across the U.S., providing mortgage credit, small business lending, and other critical banking services to their communities ,” said Congresswoman Beatty. “These institutions know the financial needs of their communities best, and codifying the mentor-protégé program at Treasury will go a long way toward preserving and strengthening their impact across America —and advancing our mission of an inclusive financial system.”
“The Independent Community Bankers of America (ICBA) is pleased to support Congresswoman Joyce Beatty’s Advancing the Mentor-Protégé Program for Small Financial Institutions Act, which would establish a Treasury Financial Agent program enabling partnerships between MDIs, rural community banks, and other financial institutions,” said Rebeca Romero Rainey, ICBA President and CEO. “This legislation reinforces and supports the critical role MDIs and rural community banks serve as a lifeline in their communities, providing tailored financial products, and fostering greater economic growth.”
“The American Bankers Association is pleased to support Rep. Beatty’s Advancing the Mentor Protégé Program for Small Financial Institutions Act, which would increase the ability of community banks, rural financial institutions and MDIs to meet the financial service needs of their customers, clients and communities,” said Rob Nichols, ABA President and CEO. “By strengthening partnerships between large banks and these community financial institutions with the help of the Treasury Department, this bill will provide significant benefit to consumers across the country and the broader economy.”
“The National Bankers Association (NBA) proudly supports Congresswoman Joyce Beatty’s Advancing the Mentor Protégé Program for Small Financial Institutions Act, which takes a critical step toward strengthening small, mission-driven banks,” said Nicole Elam, President and CEO of the NBA. “This legislation builds on existing Treasury efforts by expanding the scope of support for Minority and Rural Depository Institutions—ensuring they have greater access to federal resources and opportunities. Through the establishment of a Financial Agent Mentor-Protégé Program, larger financial institutions will be able to mentor and support small, mission-driven banks in enhancing their operational capacity, deepening community impact, and qualifying to serve as financial agents of the U.S. government.”
“America’s Credit Unions applauds Rep. Joyce Beatty’s efforts to promote programs that support minority depository institution (MDI) credit unions and other credit unions. We are pleased to see the reintroduction of the Advancing the Mentor Protégé Program for Small Financial Institutions Act. This bill would empower MDI and other smaller credit unions to collaborate with larger credit unions in these mentorship efforts. This builds on the credit union culture of ‘people helping people’ and working cooperatively to ensure the success of communities they serve,” said Jim Nussle, America’s Credit Unions President/CEO.
SINGAPORE, June 10, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, has announced the launch of the sixth phase of its Crypto Gem Hunt program. Amidst a crypto market characterized by persistent volatility, with Bitcoin fluctuating between $100,000 and $110,000, market sentiment remains largely influenced by macroeconomic policies, regulatory developments, and speculative behavior. Against this backdrop, HTX’s Crypto Gem Hunt leverages rigorous data analysis and a meticulous selection process to spotlight seven standout projects. These projects are strategically positioned for growth and demonstrate strong community engagement. The selected assets span some of today’s most dynamic sectors—including RWA/DeFi, AI, Meme, LSD, and SocialFi—and feature both promising new entrants and well-established projects that have recently outperformed broader market trends.
New Listings Shine Across a Well-Balanced Sector Mix
In May, HTX listed 23 new assets, including six stablecoins, an approach that underscores its commitment to staying at the forefront of the stablecoin trend and expanding its asset offerings. Notably, USD1 made its global debut on HTX. The token, issued by World Liberty Financial (a company backed by the Trump family), focuses on building a DeFi lending ecosystem in the United States. USD1 quickly gained traction as one of May’s most discussed projects on social media and received an S rating.
Besides USD1, two other new assets in Crypto Gem Hunt #6 have stood out:
SYRUP (Maple Finance), a key player in the RWA/DeFi sector, experienced an impressive 117.7% surge following its listing on May 8, earning an A rating. SYRUP is the native token of Maple, a decentralized lending protocol that allows users to deposit USDC, receive syrupUSDC, and earn yield. All loans are collateralized by digital assets, ensuring both strong security and sustainable returns.
KAITO, an innovator in the InfoFi/AI sector, recorded a remarkable 263.6% increase since its listing on HTX on February 23, securing an A rating. KAITO is building an AI-driven crypto information network that streamlines content distribution among creators, users, and capital. By empowering the content ecosystem, KAITO is positioning itself at the forefront of the convergence between crypto and AI.
Despite continuous shifts in market dynamics, a select group of earlier-launched projects are demonstrating remarkable resilience. Backed by strong product fundamentals and vibrant community support, they’ve recently returned to the spotlight with evolving narratives and renewed momentum, capturing the attention of both investors and users.
Two Meme projects from last September, MOODENG and NEIROCTO, serve as notable examples:
MOODENG, built on the Solana (SOL) chain, surged an incredible 961.5% and received an A rating. Inspired by the famous pygmy hippopotamus from Thailand, MOODENG’s unique design, strong community, and viral momentum propelled it to a nearly tenfold increase post-launch.
NEIROCTO (First Neiro On Ethereum) is community-driven and carries on the spirit of Doge. Since its launch on September 7, 2024, it has seen a peak increase of 235%. Through consistent operational efforts and content-driven initiatives, NEIROCTO has cultivated a highly engaged Meme community.
ETHFI (ether.fi), launched in March 2024, emerged during the boom of the LSD sector and has since recorded a 258.7% increase. With rising interest in LSD solutions within the Ethereum ecosystem, ETHFI shows strong growth potential and a solid track record.
MASK (Mask Network), launched in 2021, is a SocialFi project that recently gained 187.3%. Acting as a bridge between Web2 (traditional internet) and Web3 (decentralized internet), MASK integrates decentralized applications into mainstream social media via a browser plugin. Recent feature updates and community efforts have significantly contributed to its price recovery.
HTX Crypto Gem Hunt Empowers Users Across Market Cycles
To date, HTX has launched six rounds of its Crypto Gem Hunt program. The latest selection features not only high-growth new assets from emerging sectors but also established projects that have recently delivered strong performance. Together, these assets offer users a well-balanced portfolio—combining defensive stability with high-upside potential.
Looking ahead, HTX Crypto Gem Hunt will continue to empower users through professional, intuitive asset discovery supported by robust data and forward-looking analysis.
About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.
As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.
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An investment in the ETFs provides investors daily leveraged & short exposure to the underlying stock: Strategy (MSTR).
GraniteShares’s leveraged ETFs seek daily investment results, before fees and expenses, that correspond to 2 times (200%) the daily percentage change of the respective common stocks. GraniteShares’s short ETFs seek daily investment results, before fees and expenses, that correspond to -2 times (-200%) the daily percentage change of the respective common stocks. These funds are designed for sophisticated investors looking to capitalize on short-term movements in the underlying stocks.
High-Conviction Exposure to the Technology Company
MicroStrategy Incorporated, based in Tysons Corner, Virginia, delivers AI-powered enterprise analytics software and services to clients worldwide across various industries. Known as Strategy, the company offers tools like Strategy One and HyperIntelligence to provide actionable insights and seamless data access. Alongside its analytics solutions, MicroStrategy has adopted Bitcoin as its primary treasury reserve asset, accumulating it through financing and offering investors exposure to Bitcoin via its securities.
Designed for Tactical Traders
The new leveraged ETFs provide traders with a tool to gain leveraged exposure to these stocks, making them a potential consideration for those looking to execute short-term tactical trades.
“We continue to expand our suite of leveraged ETFs to meet the demand for high-conviction trading opportunities,” said Will Rhind, Founder of GraniteShares. “With the launch of MSTP and MSDD, we are providing investors with targeted tools to access some of the most exciting companies in AI, cloud computing, and Consumer Discretionary.”
GraniteShares is an entrepreneurial ETF provider focused on high-conviction investment solutions. The firm offers a range of innovative ETFs spanning leveraged, inverse, and high-yield strategies, empowering investors with differentiated tools for portfolio construction. Founded in 2016, GraniteShares has grown rapidly by delivering cutting-edge solutions tailored to modern market needs. For more information, visit www.graniteshares.com.
Media Contact: GraniteShares Inc. Attn: Media Relations 222 Broadway, 21st Floor New York, NY 10038 844-476-8747 info@graniteshares.com
RISK FACTORS AND IMPORTANT INFORMATION
This material must be preceded or accompanied by aProspectus. Carefully consider the Fund’s investment objectives risk factors, charges and expenses before investing. Please read the prospectus before investing.
The Fund is recently organized June 09,2025. As a result, prospective investors do not have a track record or history on which to base their investment decisions. There can be no assurance that the Funds will grow to or maintain an economically viable size.
The Fund is not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by most ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leverage and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance increases over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.
The Fund seeks daily leveraged investment results and are intended to be used as short-term trading vehicles. This Fund attempts to provide daily investment results that correspond to the respective long leveraged multiple of the performance of its underlying stock (a Leverage Long Fund).
Investors should note that such Leverage Long Fund pursues daily leveraged investment objectives, which means that the Fund is riskier than alternatives that do not use leverage because the Fund magnifies the performance of its underlying stock. The volatility of the underlying security may affect a Funds’ return as much as, or more than, the return of the underlying security.
Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock’s performance increases over a period longer than a single day.
Shares are bought and sold at market price (not NAV) and are not individually redeemed from the ETF. There can be no guarantee that an active trading market for ETF shares will develop or be maintained, or that their listing will continue or remain unchanged. Buying or selling ETF shares on an exchange may require the payment of brokerage commissions and frequent trading may incur brokerage costs that detract significantly from investment returns.
An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include Effects of Compounding and Market Volatility Risk, Leverage Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.
This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction. Please consult your tax advisor about the tax consequences of an investment in Fund shares, including the possible application of foreign, state, and local tax laws. You could lose money by investing in the ETFs. There can be no assurance that the investment objective of the Funds will be achieved. None of the Funds should be relied upon as a complete investment program.
– Bitcoin treasury as of May 31, 2025 valued at $16.2 million or $3.16 per share1
TAMPA, Fla., June 10, 2025 (GLOBE NEWSWIRE) — LM Funding America, Inc. (NASDAQ: LMFA) (“LM Funding” or the “Company”), a Bitcoin mining and technology-based specialty finance company, today announced its preliminary, unaudited Bitcoin mining and operational update for the month ended May 31, 2025.
Metric
Apr 2025
May 2025
– Bitcoin2
– Mined, net
6.6
6.3
– Sold
(18.0)
–
– Purchased
–
–
– Service Fee
(0.1)
–
– Bitcoin HODL
148.7
155.0
– Machines2
– Operational
5,121
4,320
– Storage
496
1,297
– Total Machines
5,617
5,617
– Hashrate (EH/s2)
– Oklahoma
0.43
0.48
– Hosted
0.13
–
– Energized
0.56
0.48
– Storage
0.05
0.13
– Total
0.61
0.61
“In May, we remained focused on increasing the output of our mining operations in support of our Bitcoin treasury strategy,”said Bruce Rodgers, Chairman and CEO of LM Funding.“Although the number of Bitcoin mined was modestly lower due to the relocation of machines from our hosted Kentucky site to our wholly owned Oklahoma facility, our Bitcoin holdings grew both in volume and value, ending the month at 155 Bitcoin worth over $16 million, or $3.16 per share. We believe the revenue generated from power curtailment activities meaningfully reduces our exposure to both energy and Bitcoin price volatility. This risk-managed approach provides our shareholders with a capital-efficient, Bitcoin-aligned platform that supports our long-term treasury accumulation strategy.”
The reduction in BTC mined is due in part to approximately 800 machines being repositioned from the Core Kentucky site to the Company’s Oklahoma site. Estimated curtailment and energy sales for May 2025 were approximately $70,000.
The Company estimates that the value of its 155 Bitcoin holdings on May 31, 2025, was approximately $16.2 million or $3.161 per share, based on a Bitcoin price of approximately $104,600 as of May 31, 2025, compared to a stock share price of $1.93 as of May 30, 2025.
“Our focus remains on capital efficiency and asset optimization,”added Richard Russell, CFO of LM Funding. “The ability to monetize power curtailment while growing our Bitcoin holdings strengthens our balance sheet and supports long-term shareholder value.”
About LM Funding America LM Funding America, Inc. (Nasdaq: LMFA), operates as a Bitcoin mining and specialty finance company. The company was founded in 2008 and is based in Tampa, Florida. For more information, please visit https://www.lmfunding.com.
Forward-Looking Statements This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” and “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. Some of these risks and uncertainties are identified in the Company’s most recent Annual Report on Form 10-K and its other filings with the SEC, which are available atwww.sec.gov. These risks and uncertainties include, without limitation, the risks of operating in the cryptocurrency mining business, our limited operating history in the cryptocurrency mining business and our ability to grow that business, the capacity of our Bitcoin mining machines and our related ability to purchase power at reasonable prices, our ability to identify and acquire additional mining sites, the ability to finance our site acquisitions and cryptocurrency mining operations, our ability to acquire new accounts in our specialty finance business at appropriate prices, changes in governmental regulations that affect our ability to collected sufficient amounts on defaulted consumer receivables, changes in the credit or capital markets, changes in interest rates, and negative press regarding the debt collection industry. The occurrence of any of these risks and uncertainties could have a material adverse effect on our business, financial condition, and results of operations.
1Bitcoin treasury calculated using 155 Bitcoin held as of 5/31/25 and Bitcoin price of approximately $104,600 as of 5/31/25. Bitcoin per share calculated using 5,133,412 shares outstanding as of 3/31/25 from SEC Form 10-Q filed May 15, 2025 2Unaudited
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