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Category: Sport

  • MIL-OSI USA: Congressman Valadao Introduces Legislation to Combat Organized Supply Chain Theft and Retail Crime

    Source: United States House of Representatives – Congressman David G Valadao (CA-21)

    WASHINGTON – Congressman David Valadao (CA-22) introduced the Combatting Organized Retail Crime (CORCA) Act alongside Reps. Dave Joyce (OH-14), Susie Lee (NV-03), Dina Titus (NV-01), Brad Schneider (IL-10), Laurel Lee (Fl-15), Lou Correa (CA-46), and Michael Baumgartner (WA-05). This bipartisan, bicameral bill takes important steps to strengthen legal tools for law enforcement and crack down on interstate and transnational crime. The Senate companion bill is led by Senators Chuck Grassley (R-IA) and Catherine Cortez Masto (D-NV).

    The CORCA Act builds off initiatives in the Safeguarding our Supply Chains Act, which was introduced by Congressman David Valadao and Congressman Brad Schneider (IL-10) in the 118th Congress.

    “Organized retail crime and supply chain theft are hitting families and small businesses hard in the Central Valley and beyond,” said Congressman Valadao. “These crimes are largely run by sophisticated criminal networks that endanger public safety and drive-up costs for consumers. In the 118th Congress, I introduced the Safeguarding our Supply Chains Act to fight back against cargo theft, and I’m happy to see some of that language included in this bill. The CORCA Act gives law enforcement the tools they need to hold criminals accountable, and I’m proud to work with my colleagues to get this across the finish line.”

    “Businesses throughout my district are facing the burdens of a rise in organized retail crimes and fraud schemes that are sweeping the nation,” said Rep. Joyce. “These criminal organizations are not only harming small businesses and retailers in our communities, but are also putting American consumers at risk of violence and fraud. These crimes also have more widespread consequences for public safety, as these organized groups often resell stolen goods to finance other illicit activities, including drug and human trafficking operations. Our bipartisan, bicameral legislation will give law enforcement the tools they need to put a stop to these rampant crimes. I want to thank Senator Grassley for his steadfast leadership on this effort and all our House and Senate colleagues on both sides of the aisle for their partnership in addressing this critical issue.” 

    “Organized retail crime puts all of us in danger, while hurting consumers, taxpayers, and businesses of all sizes. And the stolen goods fund human trafficking and terrorism,” said Rep. Susie Lee. “Our local and state law enforcement are doing incredible work, but we need coordination at the federal level to investigate and prosecute these crimes. Our bipartisan legislation will support law enforcement with the tools they need to crack down on these criminal operations.”

    “By establishing a coordinated federal response, the Combating Organized Retail Crime Act would target the criminals who endanger consumers, local businesses, and transportation networks, along with the nefarious transnational groups that fund their operations,” said Rep. Titus. “This legislation will help law enforcement better pursue and prosecute these bad actors, while protecting businesses and saving consumer dollars.”

    “Organized cargo and retail theft are a real and growing problem in Illinois and across the country – it’s time Congress step in to counteract it,” said Rep. Schneider. “Cargo and retail theft are not just local issues — organized groups are stealing goods at all points in the supply chain, oftentimes well before products make it to shelves, and resell stolen items across state lines. I’m proud to join my colleagues in introducing this legislation to safeguard commerce, consumer confidence, and national security.”

    “The rise in sophisticated criminal activities targeting retail stores and the broader supply chain has become a critical threat to our national economy, consumer safety, and public security,” said Rep. Laurel Lee. “With retail theft surging by 93 percent over the last four years, the time to act is now. We must equip law enforcement with the necessary resources and tools to combat these criminals on a federal level, as they operate across state lines and international borders. I am proud to co-sponsor the Combatting Organized Retail Crime Act to protect our businesses and keep our communities safe.”

    “The damage of organized retail crime is real, and it hurts hard-working American taxpayers and businesses here in Orange County across the country,” Rep. Correa said. “Our state and local public safety officers work tirelessly to keep our communities safe from this crime, and they deserve the best possible tools to take down these criminal syndicates. Retail crime affects everyone—so I’m proud to join my colleagues in introducing the Combating Organized Retail Crime Act today to help stop this threat dead in its tracks.”

    “Every time these criminals loot a store, fleece a supplier, highjack a trucker, shakedown a warehouse, honest Americans pay more. Prices go up, shelves go empty, and the working families in places like Spokane and Walla Walla get hit with a hidden tax — all because prosecutors are unable to prosecute, and thieves think they can get away with it,” said Rep. Baumgartner. “This bill hits back. It takes on the crime rings behind the theft, shuts down the online black market for stolen goods, and backs the blue with real support. Do you want to lower prices? Start by locking up the people who are robbing us blind.”

    “The Home Depot applauds Congressman Valadao for committing to the safety of our associates and customers by introducing the Combatting Organized Retail Crime Act,” said Scott Glenn, VP of Asset Protection, The Home Depot. “This legislation will help stop dangerous criminals from stealing from our stores.”

    “The Major County Sheriffs of America (MCSA) strongly supports efforts to combat organized retail crime, and we appreciate the strong bipartisan support behind the reintroduction of the Combating Organized Retail Crime Act,” said Megan Noland, MCSA Executive Director. “With provisions to strengthen penalties and the creation of a dedicated center for coordination and information sharing, this legislation is a vital step toward supporting law enforcement in our fight against organized crime. We look forward to working together to advance this important legislation during this Congress.”

    “Organized cargo theft and fraud disrupt intermodal freight supply chains, risk the safety of our workforce, and harm the U.S. economy,” said Anne Reinke, President & CEO of the Intermodal Association of North America. “The Intermodal Association of North America (IANA) applauds Senator Grassley (R-IA), Senator Cortez Masto (D-NV), and Reps. Joyce (R-OH), Lee (D-NV), Valadao (R-CA), Titus (D-NV), Baumgartner (R-WA), Schneider (D-IL), Lee (R-FL), and Correa (D-CA) for their leadership in championing critical legislation to address this urgent threat. The bipartisan Combating Organized Retail Crime Act will provide important resources to detect and fight organized crime throughout the supply chain, ensuring that our industry can continue delivering goods to American consumers safely and efficiently.”

    “Organized criminal operations continue to evolve and escalate their targeted attacks against our nation’s supply chain and retailers,” said Association of American Railroads President and CEO Ian Jefferies. “This alarming trend affects every industry — including the nation’s largest railroads, which experienced a 40% spike in cargo theft last year. Rep. Valadao’s long-term leadership on developing a unified, federal response has been pivotal in shaping the legislation introduced today. CORCA’s economy-wide strategic framework will go a long way in disrupting these criminal networks and safeguarding our supply chain.”

    “UPS supports the Combatting Organized Retail Crime Act as it provides the necessary resources and coordination to protect the movement of American goods throughout our country while safeguarding the integrity of our national supply chain from rail to road, to retail,” said President of UPS Global Public Affairs Michael Kiely.

    “Across the United States, communities small and large are facing an unprecedented number of Organized Retail Crime (ORC) incidents. The Combatting Organized Retail Crime Act would provide the necessary resources to bring the people and organizations behind this nationwide problem to justice by establishing formal coordination between law enforcement and the private sector,” said ICSC President and CEO, Tom McGee. “We applaud Reps. Joyce, Lee, Titus, and Valadao for reintroducing the Combatting Organized Retail Crime Act. We believe the bill represents a huge step in the right direction towards addressing this growing issue.”

    “The trucking industry takes great pride in delivering America’s freight safely and on time; however, the billions of tons of goods transported by trucks from coast to coast have increasingly become a prime target for organized crime rings, including transnational organizations, putting truck drivers at risk and raising costs for consumers,” said American Trucking Associations President & CEO Chris Spear.  “ATA commends this bipartisan group of leaders for addressing this alarming trend and safeguarding our supply chain.  By empowering federal agencies to improve cooperation across jurisdictions and ramp up enforcement actions, this bill would strike an effective blow against organized crime.”

    “Sophisticated criminal gangs are targeting retailers through brazen organized retail crime schemes, defrauding customers via gift card scams and attacking our supply chains by hijacking our rails and truck shipments. These criminal activities put retail employees, customers and supply chain partners in danger and allow criminal gangs to use ill-gotten profits to fund nefarious activities such as drug smuggling and human trafficking. Dismantling these organized criminal rings requires cooperation and collaboration. RILA thanks Reps. Joyce (R-OH), Lee (D-NV), Valadao (R-CA), Titus (D-NV), Baumgartner (R-WA), Schneider (D-IL), Lee (R-FL), and Correa (D-CA) for their leadership and commitment to enacting the Combating Organized Retail Crime Act (CORCA), which brings federal, state, and local law enforcement together to intercept and prosecute these criminal enterprises. RILA looks forward to working with them to get this critical piece of legislation signed into law,” said Michael Hanson, Retail Industry Leaders Association, Senior Executive Vice President, Public Affairs. 

    “NRF applauds Rep. Dave Joyce (R-OH-14) for his continued leadership to address one of retail’s biggest challenges, the rise of organized retail crime. ORC is a multibillion-dollar crisis impacting retailers, their associates and the customers they serve. ORC is occurring across the retail enterprise – supply chains, bricks-and-mortar stores, warehouses and online – with stolen product sold for a profit, oftentimes to fund other crimes. The Combating Organized Retail Crime Act of 2025 will align efforts within a new Organized Retail and Supply Chain Crime Coordination Center to ensure that resources and information-sharing will be available across local, state, federal and private-sector partners to bring cases and prosecutions against organized theft groups. This legislation is an important step to help prevent ORC from infiltrating local communities across the country,” said NRF Executive Vice President of Government Relations David French.

    Background:

    Sophisticated criminal organizations have been increasingly involved in theft, fraud, and other property crimes against retail stores and various components of the supply chain. These crimes have escalated in scope and impact, threatening the national economy, consumer safety, and public security. According to the National Retail Federation, retail larceny incidents increased by 93% from 2019 to 2023, and stores lost $121.6 billion to retail theft in 2023. This surge in retail crime is often orchestrated by organized groups to resell stolen goods through physical and online marketplaces, further fueling illicit profits and financing additional criminal enterprises.

    At the same time, product manufacturers and supply chains are experiencing a rise in organized cargo theft across rails, roads, and the various distribution points across the United States. CargoNet reported a 27% increase in cargo theft incidents in 2024 over 2023. These thefts range from large-scale physical theft of goods from containers and storage to sophisticated cybercriminal methods that divert shipments to illicit receivers. This causes significant financial losses and operational supply chain disruptions.

    The CORCA Act would:

    • Strengthen legal tools for law enforcement by allowing criminal forfeitures for interstate shipment, transportation of stolen goods, or sale of stolen goods convictions.
    • Expand money laundering statutes.
    • Enable prosecution of organized retail and supply chain groups using interstate or foreign commerce to facilitate crimes.
    • Mandate the creation of the Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations (HIS) and the Department of Homeland Security.

    The Combating Organized Retail Crime Act is also supported by the Federal Law Enforcement Officers Association, the Reusable Packaging Association, DHL, the U.S. Dairy Export Council, the National Milk Producers Foundation, the Transportation Intermediaries Association, the PASS (Protect America’s Small Sellers) Coalition, the International Downtown Association, Amazon, the World Shipping Council, Pirate Ship, the National Shooting Sports Foundation, Walgreens Co., CVS Health, Kroger, Walmart, and Target.

    Read the full bill here.

    ###

    MIL OSI USA News –

    April 12, 2025
  • MIL-OSI United Kingdom: Inside the Vault: First look at Preston’s new Youth Zone

    Source: City of Preston

    Young people and supporters got their first glimpse of the new state-of-the-art Vault Youth Zone, as construction reached its latest major milestone.

    The new multi-million pound building, located on the corner of Tithebarn Street and Crooked Lane, is now water-tight, meaning the roof is in place.

    The Young People’s Development Group (YPDG), which has been helping to shape the development of Vault Youth Zone, joined supporters for their first guided tour of the building, getting a sneak peek of how their new facilities might look.

    The YPDG is a key part of bringing Vault Youth Zone to life for Preston’s young people. The group has helped design and develop the Youth Zone, including creating Vault’s brand, hoardings and interviewing staff. Their next challenge will be to help develop the look and feel of the Youth Zone’s interiors.

    The group said:

    “Finally getting to see the Youth Zone was amazing. From the outside it looks incredible but inside it’s mind-blowing. It’s coming together and we can’t wait to see it filled with young people, enjoying having someone amazing to go to.

    The project’s development has been made possible through partnerships with Preston City Council, the Department for Culture, Media & Sport’s Youth Investment Fund, and Preston’s Towns Fund Investment Programme, along with support from private sector contributions.

    Vault Youth Zone’s CEO, Tim Jacques, said:

    “To watch the building take shape since the completion of the steel frame at the end of 2024 has been incredibly exciting.

    “It’s fantastic to welcome our supporters to site so they can see their investment in the city’s young people first-hand and, of course, our remarkable YPDG. Together they have turned Vault Youth Zone from a dream to a reality!”

    Set to open in late 2025, the Youth Zone will feature state-of-the-art facilities, including a climbing wall, music room with built in recording studio, performing arts space, arts and crafts, a maker zone with 3D printing facilities and sports amenities, including an inside football pitch, boxing gym, sports hall and fitness suite, ensuring a diverse array of activities for young people aged eight to 19 (or up to 25 for those with additional needs).

    The Youth Zone will also provide hot meals for just £1, fostering a safe, inclusive, and affordable environment.

    The Youth Zone expects to welcome over 4,000 young people within its first year of opening.

    Chris Hayward, Director of Development and Housing, at Preston City Council, said:

    “We’re incredibly delighted to see Vault Youth Zone take shape—there’s no doubt this will be an impressive building supporting young people in Preston for years to come.

    “It’s a fantastic achievement by all involved to reach this stage so quickly. Opening in 2025, Vault is another exciting addition to the Harris Quarter, complementing Animate, which has already opened its doors, and the nearby Harris Museum.”

    Chair of Preston’s Towns Fund Strategic Board and deputy vice chairman of the Vault, John Chesworth, said:

    “Vault Youth Zone has been a long time in the making, but it will make a huge social and economic impact in the city by providing a safe place for young people to come and shape their future. The building also adds to Preston’s ongoing regeneration and contributes to making the Harris Quarter a vibrant place to come to.”

    This milestone highlights the charity’s commitment to supporting Preston’s youth and fostering a vibrant, engaged community. As the building progresses, Vault Youth Zone continues to seek support for its annual running costs and build momentum towards its opening.

    To find out more, contact enquiries@vaultyouthzone.org.

    MIL OSI United Kingdom –

    April 12, 2025
  • MIL-OSI USA: Rep. Cammack & GOP Women’s Caucus Members Send Letter To USA Fencing Leadership In Support of Female Athlete Stephanie Turner

    Source: United States House of Representatives – Congresswoman Kat Cammack (R-FL-03)

    WASHINGTON, D.C. — Today, Rep. Kat Cammack (R-FL-03) and members of the Republican Women’s Caucus sent a letter to the leadership of USA Fencing expressing their unwavering support for female athlete Stephanie Turner who made the decision to forfeit her match rather than compete against a biological male opponent in a women’s fencing tournament.

    Following Ms. Turner’s principled decision to forfeit the match, she was issued a black card, the most severe penalty available under USA Fencing rules, resulting in her immediate disqualification from the tournament. 

    “Ms. Turner’s stand reflects the deep concerns of countless women and girls across America who seek fairness, safety, and integrity in women’s sports—values that we, as a caucus, are committed to upholding,” write the lawmakers. “The Republican Women’s Caucus was founded to amplify the voices of Republican women in Congress…and ensure women and girls have equal opportunities to thrive. Preserving fair competition in women’s athletics is a critical matter that directly impacts the dignity and opportunities of female athletes.”

    The lawmakers urge USA Fencing to reconsider the disciplinary actions against Ms. Turner and to critically review its transgender athlete policy implemented in 2023. 

    Read the letter here.

    ###

    The Republican Women’s Caucus, founded in March 2025, is the official group of GOP women lawmakers in the House and Senate dedicated to championing Members’ legislative priorities, supporting Members’ work to secure and retain leadership positions, and elevating the work and policy endeavors of Republican women on the national stage and locally in their states and districts. To learn more, visit the website or check out the Caucus on Facebook, Instagram, and X.

    MIL OSI USA News –

    April 12, 2025
  • MIL-OSI USA: Raising A Glass to Craft Breweries

    Source: US State of New York

    overnor Kathy Hochul today celebrated April 11 as the inaugural New York Craft Beer Day in New York State. New York is the second largest craft beer market in the U.S. and has more than 500 independent craft breweries that support 22,000 jobs and generate a $4.8 billion economic impact across the state.

    “Today, we raise a glass to more than 500 craft breweries across New York — small businesses that pour $4.8 billion into our economy and flavor into our communities,” Governor Hochul said. “On this Craft Brewers Day, let’s toast their creativity, their grit and their impact. And remember — if you’re going to celebrate, celebrate responsibly. Cheers!”

    The Governor made this announcement at the recent New York State Craft Brewers Association Conference and competition in Albany where she awarded the 2025 Governor’s Excelsior Craft Beer Cup to Brooklyn’s Grimm Artisanal Ales for their Grimm Weisse wheat beer. A full list of winners can be found here.

    To commemorate New York Craft Beer Day, patrons can download the free Official New York State Craft Beer App, created by the NYS Brewers Association, to find local breweries and is the only app that offers a map of every brewery in the state. To commemorate Craft Beer Day, customers can earn the exclusive “Inaugural New York Craft Beer Day Badge” with any passport stamp on Friday, April 11th.

    Governor Hochul’s Support for Craft Producers

    In 2023, Governor Hochul signed legislation providing breweries the option to renew their licenses every three years instead of annually, saving brewers $800 — or about 30 percent — in fees over three years. This change not only lowers costs but also reduces paperwork, allowing brewers to spend less time on administrative tasks and more time focusing on their craft and growing their businesses.

    Additionally, recognizing the importance of helping craft producers open quickly, Governor Hochul signed legislation that went into effect in 2022 creating new temporary permits for all craft beverage manufacturers — including breweries. For the first time, manufacturers can now begin operating while their full liquor license is pending. These permits, which cost $125 and are valid for six months, allow new producers to begin manufacturing and selling alcoholic beverages while they await final approval. Temporary permits are generally processed in under 30 days, compared to the average six-month timeline for full licenses — significantly accelerating the launch of new craft beverage businesses across the state.

    Continuing to build on New York State’s push to modernize outdated Prohibition alcohol laws, in 2024, Governor Hochul signed landmark legislation that allowed New York’s small craft manufacturers of spirits, cider and mead to ship directly to consumers. The law opens significant opportunities for the state’s growing craft beverage industry by providing a vital market expansion tool — allowing these producers to ship their unique products directly to consumers within New York and across state lines.

    The craft beverage industry also provides a boost to New York agriculture as New York State has seen increased interest in locally produced craft beverages in recent years. This interest in locally produced beverages has increased demand for locally sourced ingredients. To continue to support the research needed to develop crop varietals of hops and barley that are disease resistant and can adapt to the climate in the northeast, the 2024-25 NYS Budget included more than $650,000 in funding to Cornell for the Geneva Barley program and the hops breeding program.

    State Agriculture Commissioner Richard A. Ball said, “New York’s world-class craft brewers are reflective of New York’s long legacy in the craft brewery industry, committed to making the finest beers, using the very best ingredients, including those straight from the farm. I thank Governor Hochul for declaring today Craft Beer Day here in New York State; this celebration provides us all an awesome opportunity to recognize our brewers and their contributions to our local economies, from supporting jobs and tourism to boosting growth in the agricultural industry.”

    State Liquor Authority Chair Lily Fan said, “New York’s craft brewers are among the most innovative and entrepreneurial in the country — constantly pushing boundaries with new flavors, creative branding and a true dedication to quality. In today’s competitive market, that kind of ingenuity deserves our support. Thanks to the leadership of Governor Hochul and the close collaboration with our partners at Empire State Development and the Department of Agriculture and Markets, the State Liquor Authority is proud to play a role in helping brewers across New York produce more, sell more, open quickly and save on overhead. We’re excited to celebrate the inaugural New York Craft Beer Day on April 11th — and we hope it brings new fans, fresh energy and increased foot traffic to taprooms across our state. Cheers to our craft brewers — and as always, drink responsibly and stay safe.”

    Empire State Development President, CEO and Commissioner Hope Knight said, “New York’s community of diverse and creative craft breweries spans the entire state, creating unique libations and destinations that welcome residents and visitors alike. Breweries bring energy into our downtown areas, while supporting jobs and local economies. New York Craft Beer Day is a perfect opportunity to raise a glass and celebrate the New Yorkers who brew the distinctive drafts, and to support the small businesses that keep our communities quenched.”

    Executive Director of the New York State Brewer’s Association Paul Leone said,“Beer has been part of New York’s history since the early 1600’s when the first known brewery was built on the southern tip of New Amsterdam, which is now Manhattan. Today there are over 500 breweries scattered throughout every region of the state, thanks to the passion and dedication of the craft brewers, owners and the customers that keep their small businesses alive. We are so honored that Governor Hochul would proclaim April 11th New York Craft Beer Day starting in 2025, which will give us one day every year to shine an extra bright light on an industry that employs over 22,000 hard working New Yorkers, and will give craft beer fans one more reason to celebrate and raise a glass to New York State craft beer!”

    State Senator Michelle Hinchey said, “New York’s inaugural Craft Beer Day is a well-earned toast to the producers who’ve turned their passion into one of our state’s most beloved agricultural sectors. From grain to glass, craft beer is creating jobs, contributing to the economic resurgence of our upstate communities, and keeping New York ingredients in New York products. Congratulations to all of this year’s winners of the 2025 NYS Craft Beer Awards, including the outstanding brewers representing the Hudson Valley. We’re thrilled to celebrate the care and craftsmanship behind every batch and the pride it brings to so many hometowns across New York State.”

    Assemblymember Donna Lupardo said, “Cheers to New York Craft Beer. A special day devoted to celebrating NY’s amazing craft brewers and their products is very much appreciated. Some of the finest craft beer in the country can be found in every region of the state.”

    In addition, New York State, through its New York State Grown & Certified and Taste NY programs, continues to support New York’s craft beverage industry and its’ breweries through direct marketing, social media and a number of special initiatives and events that spotlight the industry, including at sports arenas and venues across the State. For example, Taste NY is partnering with Minor League Baseball teams across New York State again this year, and in 2024, brought the very best of New York’s local food and beverages, including local craft beverages, to more than 1.2 million fans at stadiums across New York. In 2023 and 2024, Taste NY sponsored a Tasting Yard at the Great New York State Fair, which featured a rotating selection of New York State craft breweries over the course of the Fair, giving visitors a taste of New York’s world-class craft beverage products and giving brewers the opportunity to meet new customers as nearly one million visitors come through the Fair gates.

    MIL OSI USA News –

    April 12, 2025
  • MIL-OSI Russia: The results of the XVI Universiade of the State University of Management have been summed up

    Translartion. Region: Russians Fedetion –

    Source: State University of Management – Official website of the State –

    From March 17 to April 10, 2025, the State University of Management hosted the Universiade among 6 institutes in 11 sports disciplines.

    More than 200 students from our university took part in the competition.

    The leaders in individual disciplines were:

    For the second year in a row, IOM beat everyone in mini-football; IUPSiBK swam the fastest; The score in basketball matches was on IOM’s side; IIS won among girls in volleyball, and IEF among boys; IUPSiBK became the most artistic in aerobics; IGUiP became the masters of rackets in badminton; IUPSiBK thought out the team strategy for tug-of-war better; IM took the greatest weight in the bench press; IEF demonstrated miracles of dexterity in table tennis; IIS (CS 2), IGUiP (Valorant), IIS (DOTA 2) skated their disciplines excellently in e-sports.

    The overall standings for the Universiade were distributed as follows:

    1st place – IUPSiBK 2nd place – IGUiP 3rd place – IEF 4th place – IOM 5th place – IIS 6th place – IM

    Congratulations to the Institute of Personnel Management, Social and Business Communications for confident and unconditional sports leadership. We thank all participants for their beautiful play and will to win.

    We look forward to the next sports competitions and new achievements!

    Subscribe to the TG channel “Our GUU” Date of publication: 11.04.2025

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 12, 2025
  • MIL-OSI United Kingdom: Senior councillors set for major update on Elland Road

    Source: City of Leeds

    Senior councillors are to be briefed on a major regeneration vision which could see Leeds United’s iconic Elland Road home become one of the country’s largest football stadiums.

    At a meeting of Leeds City Council’s executive board, members will be updated on a package of ambitious proposals that would transform a key part of south Leeds.

    These include an imminent planning application from Leeds United to increase their famous ground’s capacity to up to 56,500, a move that, if approved, would see it join the ranks of the nation’s elite sporting venues.

    Land immediately surrounding the stadium is owned by Leeds City Council, meaning agreements will need to be in place between the council and the club before any expansion can begin.

    A report to the executive board details the vast potential of the club’s upcoming application in the context of the wider Elland Road area, comprising around 30 acres of council-owned land which could be transformed and regenerated, with billions of pounds of investment then being unlocked.

    With a potential Mass Rapid Transit link for south Leeds, the report outlines a unique opportunity for Elland Road to become a year-round destination, potentially giving a huge boost to the local economy while supporting the council’s broader inclusive growth ambitions.

    As well as the stadium redevelopment, long term plans for the wider south Leeds area include the potential of British Library North at Temple Works, the Holbeck Sports Hub and Heart of Holbeck, which will include the renewal of the local high street, transformation of a local community centre and the delivery of improvements to traditional terraced homes.

    These projects sit alongside existing economic hubs at the White Rose Shopping Centre and White Rose Park.

    At the upcoming meeting, members will be asked to note the huge potential of the Elland Road regeneration project and to approve the start of legal agreements to dispose of council land to Leeds United Football Club, which would be needed for stadium enhancement.

    The executive board will also be asked to approve that the council enter into a Memorandum of Understanding with the Leeds United’s development partner Lowy Family Group.

    Members will be asked to consider an initial period of collaboration with LFG on the wider regeneration potential and strategy for 30 acres of council owned land around the stadium.

    LFG is an investor in the owners of LUFC, 49ers enterprises, and Peter Lowy, one of the principals of LFG, is a board member of the club.

    Members are also being asked to approve steps to refresh the council’s vision for the future regeneration of land adjacent to an expanded stadium, and to prepare for a future public consultation on the proposals, which will enable people in the area to have their say.

    Councillor James Lewis, leader of Leeds City Council, said: “Elland Road and Leeds United are part of the heart and soul of the city, and the club deserves a stadium befitting of its special status and incredible fans.

    “Naturally we’re keen to support this however we can, and to work closely with the club to ensure they are in the best possible position to achieve their ambitions and build a bigger, brighter future for the club, their supporters and sport in the city.

    “From a wider perspective, the regeneration of the Elland Road area also represents one of the city’s most exciting development opportunities for a generation, which would revitalise a huge area of Leeds and potentially bring hundreds of millions of pounds into our local economy.

    “Local residents will be fully consulted throughout the planning process and we’re keen to ensure their voices are heard and that they get the chance to inform the project at each stage.

    “We want to do all that we can to maximise this incredible opportunity and put everything we can in place, including our MoU with the club’s development partner LFG, to facilitate what could represent a genuine game changer for Leeds.”

    The council’s executive board will meet on April 23. For more details and to view a full copy of the report, please visit: South Leeds Regeneration Cover Report 110425.pdf.

    ENDS

    MIL OSI United Kingdom –

    April 12, 2025
  • MIL-OSI Russia: You have the floor, Eduard Tiktinsky: Polytechnic graduate wishes students to surpass themselves

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Over the year and a half of the existence of the discussion club “You have the floor!” many interesting people have become its guests. But it is especially pleasant when such a guest is not just a successful and bright person, but also a graduate of the Polytechnic University. So, the eleventh hero of the project was the founder and chairman of the board of directors of the RBI Group Eduard Tiktinsky.

    Eduard Saulevich graduated from the economics department of the Leningrad Polytechnic Institute and the advanced courses in economics and privatization of the European Bank for Reconstruction and Development. His company is engaged in development activities in the field of residential and commercial construction. More than 80 projects have been implemented.

    Eduard Tiktinsky is an honorary builder of Russia, recipient of the Order of Merit in Construction, member of the Board of Trustees of the World Club of Petersburgers, initiator and ideological inspirer of the social project for talented youth “School of Leaders of the Future”, holder of the title “Expert of the Year” in the nominations “Expert in Business and Innovation” (2017) and “Expert in Education” (2021). In 2024, he entered the top 50 most famous people in St. Petersburg according to Sobaka.ru magazine. According to the Person 2024 rating from RQ Index and Urban, he is the first in management efficiency among CEOs of development companies in Russia.

    At the meeting at the Polytechnic, Eduard Tiktinsky thanked the organizers for the opportunity to speak to students and emphasized that his goal was not to limit himself to a simple dialogue, but to convey to the audience truly valuable knowledge that could help them in the future.

    This is what Eduard Tiktinsky said.

    On the influence of parents

    — My parents gave me a lot of freedom of choice and independence. From an early age I understood that I had to rely on myself, and I started earning money at 19. My parents also gave me a good education: I studied at an English school, then, until the 8th grade, at an English boarding school in Pushkin, and the 9th and 10th grades — at a good physics and mathematics school. As a child, I didn’t say that I would be an entrepreneur, because there was no such profession in the USSR, but I dreamed of becoming a lawyer, it seemed to me that it was such a competitive independent profession.

    About student life at the Polytechnic

    — When I was studying, it was a completely different era. Interesting, with a lot of challenges. It implied a lot of opportunities and an empty market that was slowly filling up, and the window of opportunity was slowly closing. So I will honestly say that I spent little time at the Polytechnic. Only in the first year, and then I came to take exams. And at the same time I studied at advanced training courses held by the European Bank for Reconstruction and Development, it was a high level and a powerful impetus.

    And now times have changed, and the university years seem extremely important to me. For you, student years are a period of establishing social connections, refining some hypotheses, an opportunity to try and figure out what you want. Plus an element of a carefree life.

    About starting a business in the 90s

    — The vast majority of entrepreneurs who started their activities in the late 80s — early 90s will not tell you that it was a difficult period. It was a romantic period, a time of a free market, weak competition, where many things had to be built from scratch: inventing new schemes, literally creating industries — it was an interesting challenge. And the most difficult thing — and nothing has changed here today — is to go through your own crises. Everyone faces them, but if you are an entrepreneur, then your crises, as a rule, concern not only you, but also your business and the people you are responsible for. My crises were difficult, but useful, they gave the greatest impetus for further development. When you cope with this, you seem to be renewed, you become a little — or not a little — a different person.

    On how to choose your path

    — I am often asked: how to determine what to do in the future? I used to answer that you need to get to know yourself as early as possible, understand how you are structured, where your strengths are, where your weaknesses are — developmental books, various courses, psychology can help with this. And once we answered this question together with the outstanding world entrepreneur Len Blavatnik, and he said: you need to try a lot. He spoke about his experience, and he is also right. I had no forks or doubts about which path to choose, but if they are, then you need to try a lot.

    On the difficulties of development activities in a museum city

    — Now that we have dozens of cultural heritage sites behind us, there are no such difficulties. In our work, we need to be open, tell people about our completed projects — this creates trust and the opportunity to have a constructive dialogue with urban conservationists. I think that “urban conservationist” is a good word, for example, Mikhail Borisovich Piotrovsky is an urban conservationist, he and the “World Club of Petersburgers” helped us a lot when we were restoring the Levashovsky Bakery and building our Futurist facility on Barochnaya Street and Levashovsky Prospekt. But it can be difficult to negotiate with those people who only call themselves urban conservationists: they often do not accept any arguments, they simply implement their request for aimless social activity. But we love our city, what we do is our life’s work, this is why we came to this world.

    About digital products and artificial intelligence

    — For the development business, AI projects are still secondary things. But we don’t realize how quickly the world will change. As a physicist friend of mine used to say: At bifurcation points, all events happen much faster. We are at such a point now, and if we talk about key industries, then in the “robotics and artificial intelligence” bundle, the world will change very soon and very much. We still need to “pump up the muscle”, track everything that appears, and teach people to use these tools.

    About a place of power and living life to the fullest

    — My place of power now is the Central Park of Culture and Leisure. I hold meetings with colleagues and friends there, we walk and discuss things. Another place of power is the dacha. Whatever you do, it is important to live a full life: diverse, complex, multi-component. A person can achieve unrealistically great success by doing only one thing. But will such a person be happy? I have big doubts. It is very important to devote time to loved ones, communicate with friends, attend cultural events, play sports — this is what I call living to the fullest.

    About sources of inspiration and energy

    — I get my inspiration from the fact that I love my job very much. I try to do only what I like, what gives me strength and energy. And I am proud of what we do, although we are far from perfect. We measure customer loyalty, the willingness to recommend us, at six stages: buying an apartment, waiting, moving in, renovation, living up to five years, and living after five years. And at the living stage, the loyalty index drops because various everyday difficulties arise. And we get upset if something is not good enough, we try to improve: in the Futurist house, some residents are unhappy with the size of the gym, in our next house “MIR” the gym will be twice as big.

    On the solution to the problem of the “gray belt” of St. Petersburg

    — The “Grey Belt” is a serious conceptual project. There should be an understanding of how much the enterprises there can be modernized, how environmentally neutral they are, whether they can be left in a residential area. And if so, then that’s great, because we need short “transport shoulders”, we don’t need people to go one way in the morning, and then drive kilometers in the other direction in the evening, get stuck in traffic jams. Housing, production, and recreation areas need to be connected.

    On the “excellent strategy” of real estate sales, or how the company plans to stand out from other developers

    — I like your expression “excellent strategy”. Our strategy as premium developers is an outstanding product and outstanding service. When you come to us to buy an apartment, in our sales department you find yourself in an atmosphere of beauty, exquisite aromas, jazz music. You are treated to craft coffee and an exclusive dessert. One of our regular customers recently came to us again to buy an apartment, and he was offered a cheesecake, and he remembered that a year ago he was treated to some unforgettable golden eclairs. And he was a little upset that they were not available today. Then colleagues contacted the manufacturer of these eclairs, found out that they were no longer making them, but somehow agreed to make us a few as an exception. And they delivered a box of golden eclairs to the client in the evening. This is what I call outstanding service. Doing everything for the client and a little more, exceeding expectations.

    At the end of the meeting, Eduard Tiktinsky was traditionally presented with a branded Lepota project T-shirt with number 11. Now we have a full football team, joked the host of the meeting, the head of the news portal department, Evgeny Gusev. And on the second T-shirt, which remained at the Polytechnic, the hero of the evening left an autograph and, apparently inspired by the last question, the following wish: “Become better than yesterday.”

    Photo archive

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 12, 2025
  • MIL-OSI China: China to reinforce financial support for sports industry

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

    BEIJING, April 11 — China will continue to beef up financial support for the sports industry in a bid to promote high-quality development of the sector, according to a guideline jointly issued by four government departments.

    The document, jointly issued by the People’s Bank of China, the General Administration of Sport and other departments, proposes 16 specific supportive measures, including increasing financial support for the construction of sports infrastructure, and the development of sports venues, ice and snow sports facilities, and outdoor sports destinations.

    China will reinforce financial supply for the manufacturing of sports goods, leverage the financial sector’s role in promoting sports consumption and improve financial services to empower the ice and snow economy, according to the guideline.

    Efforts will also be made to forge diversified financial services for sports industry, including leveraging the financing role of bonds market and enhancing the insurance sector’s coverage for the sports industry, the guideline stated.

    MIL OSI China News –

    April 12, 2025
  • MIL-OSI: Innventure Reports Fourth Quarter and Full Year 2024 Results

    Source: GlobeNewswire (MIL-OSI)

    Accelsius and AeroFlexx started generating revenue with expectations to grow in 2025

    Founded fourth company, Refinity, to commercialize cost-effective conversion of mixed plastic wastes to petrochemical feedstocks in collaboration with The Dow Chemical Company

    ORLANDO, Fla., April 11, 2025 (GLOBE NEWSWIRE) — Innventure, Inc. (NASDAQ: INV) (“Innventure”), a technology commercialization platform, today announced financial results for the quarter and year ended December 31, 2024.

    “2024 was a seminal year for Innventure, highlighted by commercial delivery of product for both Accelsius and AeroFlexx, the October close of our business combination and subsequent public listing, and the launch of our fourth operating company, Refinity, in mid-December.” said Bill Haskell, Innventure’s Chief Executive Officer. “Momentum has continued into 2025 and we expect even more exciting developments throughout the year as we continue our journey as a publicly traded technology commercialization platform.”

    Conference Call and Webcast

    A conference call to discuss these results has been scheduled for 11:00 a.m. ET on April 11, 2025. The event will be webcasted live via Innventure’s investor relations website https://ir.innventure.com/ or via this link.

    Parties interested in joining via teleconference can register using this link: https://register-conf.media-server.com/register/BIf41bc3411b8f4b8c935d6895015728c1

    After registering, you will be provided dial in details and a unique dial-in PIN. Registration is open through the live call, but to ensure you are connected for the full call, we suggest registering in advance.

    Innventure will also post a slide presentation to accompany the prepared remarks to its investor relations website https://ir.innventure.com/ shortly before the of the start of the event.

    About Innventure

    Innventure founds, funds, and operates companies with a focus on transformative, sustainable technology solutions acquired or licensed from multinational corporations. As owner-operators, Innventure takes what it believes to be breakthrough technologies from early evaluation to scaled commercialization utilizing an approach designed to help mitigate risk as it builds disruptive companies it believes have the potential to achieve a target enterprise value of at least $1 billion. Innventure defines ‘‘disruptive’’ as innovations that have the ability to significantly change the way businesses, industries, markets and/or consumers operate.

    Non-GAAP Financial Measures

    We use certain financial measures that are not calculated in accordance with generally accepted accounting principles in the U.S. (GAAP) to supplement our consolidated financial statements. These non-GAAP financial measures provide additional information to investors to facilitate comparisons of past and present operating results, identify trends in our underlying operating performance, and offer greater transparency on how we evaluate our business activities. These measures are integral to our processes for budgeting, managing operations, making strategic decisions, and evaluating our performance.

    Our primary non-GAAP financial measures are EBITDA and Adjusted EBITDA. We define EBITDA as net income before interest, income taxes, and depreciation and amortization. Adjusted EBITDA is defined as EBITDA further adjusted to exclude certain non-cash items, non-recurring expenses, and other items that are not indicative of our core operating activities. These may include stock-based compensation, acquisition costs, and other financial items. We believe Adjusted EBITDA is valuable for investors and analysts as it provides additional insight into our operational performance, excluding the impacts of certain financing, investing, and other non-operational activities. This measure helps in comparing our current operating results with prior periods and with those of other companies in our industry. It is also used internally for allocating resources efficiently, assessing the economic outcomes of acquisitions and strategic decisions, and evaluating the performance of our management team.

    There are limitations to Adjusted EBITDA, including its exclusion of cash expenditures, future requirements for capital expenditures and contractual commitments, and changes in or cash requirements for working capital needs. Adjusted EBITDA also omits significant interest expenses and related cash requirements for interest and payments. While depreciation and amortization are non-cash charges, the associated assets will often need to be replaced in the future, and Adjusted EBITDA does not reflect the cash required for such replacements. Additionally, Adjusted EBITDA does not account for income or other taxes or necessary cash tax payments.

    Investors should use caution when comparing our non-GAAP measure to similar metrics used by other companies, as definitions can vary. Adjusted EBITDA should not be considered in isolation or as a substitute for GAAP financial measures.

    In presenting Adjusted EBITDA, we aim to provide investors with an additional tool for assessing the operational performance of our business. It serves as a useful complement to our GAAP results, offering a more comprehensive understanding of our financial health and operational efficiencies.

    Cautionary Statement Regarding Forward-Looking Statements

    Certain statements in this press release are “forward-looking statements” within the meaning of the federal securities laws, including Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements generally relate to future events or Innventure’s (the “Company’s”) future financial or operating performance, expectations regarding new contractual arrangements, anticipated product line expansions and product testing and market acceptance, and these statements may refer to projections and forecasts. Forward-looking statements are often identified by future or conditional words such as “plan,” “believe,” “expect,” “anticipate,” “intend,” “outlook,” “estimate,” “forecast,” “project,” “continue,” “could,” “may,” “might,” “possible,” “will,” “potential,” “predict,” “should,” “would” and other similar words and expressions (or the negative versions of such words or expressions), but the absence of these words does not mean that a statement is not forward-looking.

    The forward-looking statements are based on the current assumptions and expectations of future events that are inherently subject to uncertainties and changes in circumstances and their potential effects and speak only as of the date of this press release. There can be no assurance that future developments will be those that have been anticipated. These forward-looking statements involve a number of risks, uncertainties (some of which are beyond the control of the parties) or other assumptions that may cause actual results or performance to be materially different from those expressed or implied by these forward-looking statements. These risks and uncertainties include, but are not limited to, those factors described in the Company’s public filings made with the Securities and Exchange Commission and the following: (a) the Company’s and its subsidiaries’ ability to execute on strategies and achieve future financial performance, including their respective future business plans, expansion and acquisition plans or objectives, prospective performance and opportunities and competitors, revenues, products and services, pricing, operating expenses, market trends, liquidity, cash flows and uses of cash, capital expenditures, and the Company’s and its subsidiaries’ ability to invest in growth initiatives; (b) the implementation, market acceptance and success of the Company’s and its subsidiaries’ business models and growth strategies; (c) the Company’s and its subsidiaries’ future capital requirements and sources and uses of cash; (d) the Company’s access to funds under the Standby Equity Purchase Agreement with YA II PN, Ltd. (“YA”) or the Securities Purchase Agreement and related convertible debentures with YA due to certain conditions, restrictions and limitations set forth therein; (e) certain restrictions and limitations set forth in the Company’s debt instruments, which may impair the Company’s financial and operating flexibility; (f) the Company and its subsidiaries ability to generate liquidity and maintain sufficient capital to operate as anticipated; (g) the Company’s and its subsidiaries’ ability to obtain funding for their operations and future growth and to continue as going concerns; (h) the risk that the technology solutions that the Company and its subsidiaries license or acquire from third parties or develop internally may not function as anticipated or provide the benefits anticipated; (i) developments and projections relating to the Company’s and its subsidiaries’ competitors and industry; (j) the ability of the Company and its subsidiaries to scale the operations of their businesses; (k) the ability of the Company and its subsidiaries to establish substantial commercial sales of their products; (l) the ability of the Company and its subsidiaries to compete against companies with greater capital and other resources or superior technology or products; (m) the Company and its subsidiaries’ ability to meet, and to continue to meet, applicable regulatory requirements for the use of their respective products and the numerous regulatory requirements generally applicable to their businesses; (m) the outcome of any legal proceedings against the Company or its subsidiaries; (o) the Company’s ability to find future opportunities to license or acquire breakthrough technology solutions from multinational corporations or other third parties (“Technology Solutions Provider”) and to satisfy the requirements imposed by or to avoid disagreements with its current and future Technology Solutions Providers; (p) the risk that the launch of new companies distracts the Company’s management from its other subsidiaries and their operations; (q) the risk that the Company may be deemed an investment company under the Investment Company Act, which would impose burdensome compliance requirements and restrictions on its activities; (r) the ability of the Company and its subsidiaries to sufficiently protect their intellectual property rights and to avoid or resolve in a timely and cost-effective manner any disputes that may arise relating to its use of the intellectual property of third parties; (s) the risk of a cyber-attack or a failure of the Company’s or its subsidiaries’ information technology and data security infrastructure; (t) geopolitical risk and changes in applicable laws or regulations; (u) potential adverse effects of other economic, business, and/or competitive factors; (v) operational risks related to the Company and its subsidiaries that have limited or no operating history; and (w) limited liquidity and trading of the Company’s securities.

    Except to the extent required by applicable law or regulation, the Company undertakes no obligation to update statements to reflect events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.

    Media Contact: Laurie Steinberg, Solebury Strategic Communications
    press@innventure.com

    Investor Relations Contact: Sloan Bohlen, Solebury Strategic Communications
    investorrelations@innventure.com

     
    Innventure, Inc. and Subsidiaries
    Consolidated Balance Sheets
    (in thousands, except share and per share amounts)
     
      Successor     Predecessor
      December 31, 2024     December 31, 2023
    Assets        
    Cash, cash equivalents and restricted cash $ 11,119       $ 2,575  
    Accounts receivable   283         —  
    Due from related parties   4,536         2,602  
    Inventories   5,178         —  
    Prepaid expenses and other current assets   3,170         487  
    Total Current Assets   24,286         5,664  
    Investments   28,734         14,167  
    Property, plant and equipment, net   1,414         637  
    Intangible assets, net   182,153         —  
    Goodwill   667,936         —  
    Other assets   766         1,096  
    Total Assets $ 905,289       $ 21,564  
    Liabilities and Stockholders’ Deficit        
    Accounts payable $ 3,248       $ 93  
    Accrued employee benefits   9,273         3,779  
    Accrued expenses   2,477         1,009  
    Related party payables   —         347  
    Related party notes payable – current   14,000         1,000  
    Notes payable – current   625         912  
    Patent installment payable – current   1,225         775  
    Obligation to issue equity   4,158         —  
    Warrant liability   34,023         —  
    Other current liabilities   318         253  
    Total Current Liabilities   69,347         8,168  
    Notes payable, net of current portion   13,654         999  
    Convertible promissory note, net   —         1,120  
    Convertible promissory note due to related party, net   —         3,381  
    Embedded derivative liability   —         1,994  
    Earnout liability   14,752         —  
    Stock-based compensation liability   1,160         —  
    Patent installment payable, net of current   12,375         13,075  
    Deferred income taxes   27,893         —  
    Other liabilities   355         683  
    Total Liabilities   139,536         29,420  
    Commitments and Contingencies (Note 19)        
    Mezzanine Capital        
    Redeemable Class I Units, no par value, 1,000,000 units authorized, issued and outstanding as of December 31, 2023   —         2,912  
    Redeemable Class PCTA Units, no par value, 3,982,675 units authorized, issued and outstanding as of December 31, 2023   —         7,718  
    Stockholders’ Equity / Unitholders’ Deficit        
    Class B Preferred Units, no par value, 4,639,557 units authorized, and 4,109,961 units issued and outstanding as of December 31, 2023   —         38,122  
    Class B-1 Preferred Units, no par value, 2,600,000 units authorized, and 342,608 units issued and outstanding as of December 31, 2023   —         3,323  
    Class A Units, no par value, 10,975,000 units authorized, and 10,875,000 units issued and outstanding as of December 31, 2023   —         1,950  
    Class C Units, no par value, 1,585,125 units authorized, and 1,570,125 units issued and outstanding as of December 31, 2023   —         844  
    Preferred Stock, $0.0001 par value, 25,000,000 shares authorized, and 1,102,000 shares issued and outstanding as of December 31, 2024   —         —  
    Common Stock, $0.0001 par value, 250,000,000 shares authorized, and 44,597,154 shares issued and outstanding as of December 31, 2024   4         —  
    Additional paid-in capital   502,865         —  
    Accumulated other comprehensive gain (loss)   909         —  
    Accumulated deficit   (78,802 )       (64,284 )
    Total Innventure, Inc., Stockholders’ Equity/ Innventure LLC Unitholders’ Deficit   424,976         (20,045 )
    Non-controlling interest   340,777         1,559  
    Total Stockholders’ Equity/ Unitholders’ Deficit   765,753         (18,486 )
    Total Liabilities, Mezzanine Capital and Equity $ 905,289       $ 21,564  

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Consolidated Statements of Operations and Comprehensive Income (Loss)

    (in thousands, except share and per share amounts)

     
      Successor     Predecessor
      October 2, 2024
    through
    December 31, 2024
        January 1, 2024
    through
    October 1, 2024
      Year ended
    December 31, 2023
    Revenue $ 456       $ 764     $ 1,117  
                 
    Operating Expenses            
    Cost of sales   3,752         777       —  
    General and administrative   29,652         26,608       17,589  
    Sales and marketing   2,009         4,178       3,205  
    Research and development   5,340         5,978       4,001  
    Total Operating Expenses   40,753         37,541       24,795  
                 
    Loss from Operations   (40,297 )       (36,777 )     (23,678 )
                 
    Non-operating (Expense) and Income            
    Interest expense, net   (1,132 )       (1,300 )     (1,224 )
    Net gain (loss) from investments   —         11,547       (6,448 )
    Net (loss) gain on investments – due to related parties   —         (468 )     232  
    Change in fair value of financial liabilities   (20,946 )       (478 )     766  
    Equity method investment (loss) income   (902 )       893       (632 )
    Loss on conversion of promissory notes   —         (1,119 )     —  
    Write-off of loan commitment fee asset   (10,041 )       —       —  
    Miscellaneous other expense   (57 )       (64 )     —  
    Total Non-operating (Expense) Income   (33,078 )       9,011       (7,306 )
    Loss before Income Taxes   (73,375 )       (27,766 )     (30,984 )
    Income tax expense (benefit)   (2,742 )       432       —  
    Net Loss   (70,633 )       (28,198 )     (30,984 )
    Less: net loss attributable to            
    Non-redeemable non-controlling interest   (8,339 )       (11,762 )     (139 )
    Net Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders   (62,294 )       (16,436 )     (30,845 )
                 
    Basic and diluted loss per share $ (1.42 )          
    Basic and diluted weighted average common shares   43,951,279            
                 
    Other comprehensive income, net of taxes:            
    Unrealized gain on available-for-sale debt securities – related party   909         62       —  
    Total other comprehensive loss, net of taxes   909         62       —  
                 
    Total comprehensive loss, net of taxes   (69,724 )       (28,136 )     (30,984 )
    Less: comprehensive income attributable to            
    Non-redeemable non-controlling interest   (8,339 )       (11,762 )     (139 )
    Net Comprehensive Loss Attributable to Innventure, Inc. Stockholders / Innventure LLC Unitholders $ (61,385 )     $ (16,374 )   $ (30,845 )
                 

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Consolidated Statements of Changes in Mezzanine Capital (Predecessor)

    (in thousands, except share and per share amounts)

     
      Class I Amount   Class PCTA Amount   Total
    December 31, 2022 $ 2,984     $ 12,882     $ 15,866  
    Proceeds from capital calls to unitholders   130       —       130  
    Accretion of redeemable units to redemption value   (202 )     (5,164 )     (5,366 )
    December 31, 2023   2,912       7,718       10,630  
    Accretion of redeemable units to redemption value   1,565       10,385       11,950  
    October 1, 2024 $ 4,477     $ 18,103     $ 22,580  
     

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Consolidated Statements of Changes in Stockholders’ Equity

    (in thousands, except share and per share amounts)

     
      Class B
    Preferred
      Class B-1
    Preferred
      Class A   Class C   Accumulated
    Deficit
      Accumulated
    OCI
      Non-Controlling Interest   Total Unitholders’ Deficit
    December 31, 2022 (Predecessor) $ 20,803     $ 3,323     $ 1,950     $ 639     $ (38,564 )   $ —     $ 656     $ (11,193 )
    Net loss   —       —       —       —       (30,845 )     —       (139 )     (30,984 )
    Non-controlling interest acquired   —       —       —       —       —       —       337       337  
    Issuance of units, net of issuance costs   17,319       —       —       —       —       —       —       17,319  
    Unit-based compensation   —       —       —       205       —       —       705       910  
    Distributions to unitholders   —       —       —       —       (241 )     —       —       (241 )
    Accretion of redeemable units to redemption value   —       —       —       —       5,366       —       —       5,366  
    December 31, 2023 (Predecessor)   38,122       3,323       1,950       844       (64,284 )     —       1,559       (18,486 )
    Net loss   —       —       —       —       (16,436 )     —       (11,762 )     (28,198 )
    Other comprehensive loss, net of taxes   —       —       —       —       —       62       —       62  
    Units issued to non-controlling interest   —       —       —       —       —       —       13,921       13,921  
    Issuance of units, net of issuance costs   13,561       —       —       —       —       —       —       13,561  
    Unit-based compensation   —       —       —       137       —       —       919       1,056  
    Issuance of units to non-controlling interest in exchange of convertible promissory notes   —       —       —       —       —       —       8,443       8,443  
    Accretion of redeemable units to redemption value   —       —       —       —       (11,950 )     —       —       (11,950 )
    October 1, 2024 (Predecessor) $ 51,683     $ 3,323     $ 1,950     $ 981     $ (92,670 )   $ 62     $ 13,080     $ (21,591 )
     

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Consolidated Statements of Changes in Stockholders’ Equity

    (in thousands, except share and per share amounts)

     
      Series B Preferred Stock   Common Stock                    
      Shares    Amount    Shares   Amount   Additional Paid-In Capital   Accumulated
    Deficit
      Accumulated
    OCI
      Non-Controlling Interest   Total Stockholders’ Equity
    October 2, 2024 (Successor) —     $ —       —   $ —     $ 11,342     $ (15,845 )   $ —     $ —     $ (4,503 )
    Effect of acquisition of Innventure LLC —       —       43,589,850     4       461,064       —       —       343,030       804,098  
    Reclassification of warrants from liability to equity —       —       —     —       1,265       —       —       —       1,265  
    Issuance of common shares, net of issuance costs —       —       160,000     —       2,083       —       —       —       2,083  
    Issuance of preferred shares, net of issuance costs 1,102,000       —       —     —       9,965       —       —       —       9,965  
    Issuance of common shares from warrant exercises —       —       259,309     —       2,982       —       —       —       2,982  
    Net loss —       —       —     —       —       (62,294 )     —       (8,339 )     (70,633 )
    Other comprehensive gain, net of taxes —       —       —     —       —       —       909       —       909  
    Non-controlling interest acquired —       —       —     —       —       —       —       4,129       4,129  
    Distributions to Stockholders —       —       —     —       —       (663 )     —       —       (663 )
    Vesting of contingent at risk sponsor shares —       —       587,995     —       —       —       —       —       —  
    Stock-based compensation —       —       —     —       14,381       —       —       1,957       16,338  
    Accrued preferred dividends —       —       —     —       (217 )     —       —       —       (217 )
    December 31, 2024 (Successor) 1,102,000     $ —       44,597,154   $ 4     $ 502,865     $ (78,802 )   $ 909     $ 340,777     $ 765,753  
     

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Consolidated Statements of Cash Flows

    (in thousands, except share and per share amounts)

     
      Successor     Predecessor
      October 2, 2024
    through
    December 31, 2024
        January 1, 2024
    through
    October 1, 2024
      Year ended
    December 31, 2023
    Cash Flows Used in Operating Activities            
    Net loss $ (70,633 )     $ (28,198 )   $ (30,984 )
    Adjustments to reconcile net loss to net cash and cash equivalents used in operating activities:            
    Stock-based compensation   16,338         1,056       910  
    Interest income on debt securities – related party   (106 )       (110 )     —  
    Change in fair value of financial liabilities   20,946         478       (766 )
    Change in fair value of payables due to related parties   —         468       (232 )
    Write-off of loan commitment fee asset   10,041         —       —  
    Non-cash interest expense on notes payable   248         351       487  
    Net (gain) loss on investments   —         (11,547 )     6,448  
    Equity method investment gain (loss)   902         (893 )     632  
    Loss on conversion of promissory notes   —         1,119       —  
    Deferred income taxes   (2,760 )       432       —  
    Depreciation and amortization   5,455         146       8  
    Payment of patent installment   —         (250 )     —  
    Non-cash rent costs   63         185       192  
    Accrued unpaid interest on note payable   69         930       —  
    Changes in operating assets and liabilities:            
    Accounts receivable   (166 )       (117 )     —  
    Prepaid expenses and other current assets   (1,301 )       (1,353 )     (218 )
    Inventory   (2,354 )       (2,824 )     —  
    Accounts payable   (11,211 )       6,013       9  
    Accrued employee benefits   1,656         3,838       3,181  
    Accrued expenses   (484 )       674       1,230  
    Stock-based compensation liability   1,160         —       —  
    Other current liabilities   (77 )       (146 )     (155 )
    Obligation to issue equity   3,000         10,920       —  
    Other assets   —         (20 )     (218 )
    Net Cash Used in Operating Activities   (29,214 )       (18,848 )     (19,476 )
                 
    Cash Flows Provided by (Used in) Investing Activities            
    Purchase of shares in equity method investee   —         —       (2,000 )
    Contributions to equity method investee   —         —       (130 )
    Investment in debt securities – equity method investee   —         (7,400 )     (2,600 )
    Advances to equity method investee   (4,240 )       (135 )     —  
    Acquisition of property, plant and equipment   (266 )       (736 )     (645 )
    Acquisition of intangible assets   (30 )       —       —  
    Acquisition of net assets, net of cash acquired, through business combination   16         —       —  
    Proceeds from sale of investments   —         2,314       708  
    Cash withdrawn from trust as a result of business combination   11,342         —       —  
    Net Cash Provided by (Used in) Investing Activities   6,822         (5,957 )     (4,667 )
                 
    Cash Flows Provided by Financing Activities            
    Proceeds from issuance of equity, net of issuance costs   15,383         13,122       16,009  
    Proceeds from the issuance of equity to non-controlling interest, net of issuance costs   4,169         13,859       337  
    Proceeds from the issuance of convertible promissory note   —         —       2,000  
    Proceeds from issuance of debt securities, net of issuance costs   19,455         —       —  
    Payment of debts   (250 )       (540 )     (65 )
    Receipt of Capital from Class I Unitholder   —         —       130  
    Distributions to Stockholders   (663 )       —       (241 )
    Proceeds from the issuance of promissory notes to related parties   —         12,000       1,004  
    Repayment of promissory note   (4,628 )       —       —  
    Cash Flows Provided by Financing Activities   33,466         38,441       19,174  
                 
    Net Increase (Decrease) in Cash, Cash Equivalents and Restricted Cash   11,074         13,636       (4,969 )
    Cash, Cash Equivalents and Restricted Cash Beginning of period   45         2,575       7,544  
    Cash, Cash Equivalents and Restricted Cash End of period $ 11,119       $ 16,211     $ 2,575  
                 

    See accompanying notes to consolidated financial statements.

      Successor     Predecessor
      October 2, 2024
    through
    December 31, 2024
        January 1, 2024
    through
    October 1, 2024
      Year ended
    December 31, 2023
    Supplemental Cash Flow Information            
    Cash paid for interest $ 991       $ 1,070     $ 297  
    Supplemental Disclosure of Noncash Financing Information            
    Accretion of redeemable units to redemption value   —         11,950       5,366  
    Debt discount and embedded derivative upon issuance   —         —       1,119  
    Issuance of units to non-controlling interest in exchange of convertible promissory notes   —         7,324       —  
    Conversion of working capital loans to equity method investees into investments in debt securities – related party   —         2,600       —  
    Transfer of liability warrants to equity warrants in the Business Combination   1,265         —       —  
    Initial recognition of loan commitment fee   16,190         —       —  
    Transfer of loan commitment fee asset   6,694         —       —  
     

    See accompanying notes to consolidated financial statements.

     
    Innventure, Inc. and Subsidiaries

    Non-GAAP Financial Measures

    (in thousands, except share and per share amounts)

     
      Successor   Predecessor   S/P Combined (Non-GAAP)   Predecessor
      Period from October 2, 2024 through December 31, 2024   Period from January 1, 2024 through October 1, 2024   Year ended
    December 31, 2024
      Year ended
    December 31, 2023
    Net Loss (70,633 )     (28,198 )     (98,831 )     (30,984 )
    Interest expense, net(1) 11,173       1,300       12,473       1,224  
    Depreciation and amortization expense 5,455       146       5,601       8  
    Provision for income taxes 2,742       (432 )     2,310       —  
    EBITDA (51,263 )     (27,184 )     (78,447 )     (29,752 )
    Transaction and other related costs(2) 2,309       9,414       11,723       3,452  
    Change in fair value of financial liabilities(3) 20,946       478       21,424       (766 )
    Stock based compensation(4) 16,338       1,056       17,394       910  
    Adjusted EBITDA (11,670 )     (16,236 )     (27,906 )     (26,156 )
     

    (1) Interest expense, net – For the combined twelve months ended December 31, 2024, interest expense, net includes interest incurred on our various borrowing facilities and the amortization of debt issuance costs. Additional debt issuance cost associated with a loan commitment fee asset in the amount of $10,041 was written off in combined twelve months ended December 31, 2024 and has also been included in this adjustment. This amount is representative of the asset associated with the second and third tranches of the WTI facility. When it became known that we would not be able to draw on these subsequent tranches based on certain metrics contained within the WTI Facility agreement, we immediately wrote this asset off. For the Predecessor year ended December 31, 2023, this balance is comprised entirely of interest incurred on our various borrowing facilities.
    (2) Transaction and other related costs – For the combined twelve months ended December 31, 2024 and for the Predecessor year ended December 31, 2023 this is comprised entirely of consulting, legal, and other professional fees related to the business combination with Learn CW Investment Corporation (the “Business Combination”).
    (3) Change in fair value of financial liabilities – For the combined twelve months ended December 31, 2024 the change in fair value of financial liabilities primarily consists of the change in fair value of the warrant liability, change in fair value of the earnout liability, and the change in the fair value of the embedded derivative associated with convertible notes prior to extinguishment. For the Predecessor year ended December 31, 2023, this is comprised entirely of the change in fair value of the embedded derivative associated with the convertible notes.
    (4) Stock based compensation – For the combined twelve months ended December 31, 2024 stock based compensation primarily consisted of awards in the 2024 Equity and Incentive Plan entered into on October 2, 2024 subsequent to the Business Combination. These awards consisted of Stock Options, Restricted Stock Units, and Stock Appreciation Rights. Further, a portion of this expense was related to share based payment employee incentive plans in existence at Innventure LLC and other subsidiaries. For the Predecessor year ended December 31, 2023, stock based compensation was comprised wholly of share based payment employee incentive plans in existence at Innventure LLC and other subsidiaries.

    The MIL Network –

    April 11, 2025
  • MIL-OSI Russia: Vladislav Rusanov: “Discipline and team spirit in football help to conquer academic heights”

    Translartion. Region: Russians Fedetion –

    Source: Peter the Great St Petersburg Polytechnic University – Peter the Great St Petersburg Polytechnic University –

    Today we are talking to Vladislav Rusanov, whose story is a vivid example of how one can successfully combine professional sports and studies. Vladislav is a second-year student of the master’s program at the Institute of Mechanics and Technology of St. Petersburg Polytechnic University in the direction of “Management. Project and Product Management in a Competitive Business Environment” and a professional football player, goalkeeper of the football club “Leon-Saturn”. He told us about his path in sports, his studies at the Polytechnic University and how he manages to maintain a balance between these two spheres. Read the interview in our traditional project “Persona”.

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

    April 11, 2025
  • MIL-OSI United Kingdom: Challenges to media freedom in the OSCE region: UK statement to the OSCE, April 2025

    Source: United Kingdom – Executive Government & Departments

    Speech

    Challenges to media freedom in the OSCE region: UK statement to the OSCE, April 2025

    Ambassador Neil Holland recalls the vital contribution of media freedom to security in the OSCE region, and calls on Russia, Belarus and others to live up to their OSCE commitments.

    Thank you Mr Chair. And welcome back to the Permanent Council in your new capacity, dear Jan.   

    In this fiftieth anniversary year, I want to start with the Helsinki Final Act. In 1975 our predecessors accepted citizens’ right to seek, receive, and impart information and ideas.  Free, independent and pluralistic media should be at the heart of our societies and our shared security. Sadly we are still far from realising our predecessors’ ambition when it comes to media freedom and other fundamental freedoms in our region.    

    We believe early warning sits at the core of your mandate. We welcome your public statements on recent cases of concern and, in particular, take this opportunity to express our concern about the case of Mzia Amaglobeli in Georgia and the so called “foreign agents” law in Republika Srpska.   

    Since Russia’s full scale invasion of Ukraine in 2022, many journalists and media workers have been killed. And over 100 Ukrainian and foreign journalists have been detained or taken hostage by Russian forces. Furthermore, state disinformation, information manipulation and censorship in Russia and Belarus have reached unprecedented levels. Systemic repression has led to the closure of almost all independent media organizations and a media space largely subject to the State apparatus.  

    We call on both Russia and Belarus to release all political prisoners (including media actors) immediately and unconditionally, including those held by Russia in temporarily occupied Ukrainian territories.   

    In order to realise the ambition of 1975, every participating State has work to do.  I am pleased that the Security Committee’s May 2025 meeting will focus on security implications of information manipulation and interference.  

    And domestically, the UK looks forward to working with you on the safety of journalists, combatting foreign information manipulation and interference and global media freedom challenges.   

    We launched our National Committee for the Safety of Journalists in 2020 and the UK’s National Action Plan for the Safety of Journalists was first launched in 2021. The Action Plan was refreshed in 2023 following delivery of many of its original commitments. Achievements under the 2023 Action Plan include updated Online Harassment Guidance for Journalists; the launch of a journalist safety tracker by the National Union of Journalists; and a Strategic Lawsuits Against Public Participation Taskforce and workplan.  

    The SLAPPs Taskforce has initiated new guidance on SLAPPs for journalists. The Solicitors Regulation Authority who are members of the Taskforce, launched a thematic review on SLAPPs in April 2024 and published an updated warning notice on SLAPPs in 2024, to help solicitors and law firms understand their obligations and how to comply. 

    In 2025 the UK’s National Committee for Safety of Journalists will focus on three priority areas: enhancing the criminal justice response to crimes against journalists; supporting journalists and their employers to tackle online and offline harassment; and – with a non-legislative focus – tackling the risks posed by SLAPPs and other abusive legal threats against journalists.   

    The National Committee – co-chaired by the Minister for Sports, Media, Civil Society and Youth and the Minister for Safeguarding and Violence against Women and Girls –  will also develop the next iteration of the UK National Action Plan later this year. 

    The UK looks forward to continuing to discuss developments of concern across the wider OSCE region with you as well as our domestic policy framework.   And the UK remains a strong supporter of your office, your mandate and your team.  Thank you.

    Updates to this page

    Published 11 April 2025

    MIL OSI United Kingdom –

    April 11, 2025
  • MIL-OSI Asia-Pac: Prime Minister Shri Narendra Modi lays foundation stone, inaugurates development works worth over Rs 3,880 crore in Varanasi,Uttar Pradesh

    Source: Government of India

    Prime Minister Shri Narendra Modi lays foundation stone, inaugurates development works worth over Rs 3,880 crore in Varanasi,Uttar Pradesh

    In the last 10 years, the development of Banaras has gained a new momentum: PM

    Mahatma Jyotiba Phule and Savitribai Phule ji worked throughout their lives for the welfare of women empowerment, their self-confidence and the welfare of the society: PM

    Banas Dairy has changed both the image and destiny of thousands of families in Kashi: PM

    Kashi is now becoming the capital of Good Health: PM

    Today, whoever goes to Kashi, praises its infrastructure and facilities: PM

    India today is carrying forward both development and heritage together, Our Kashi is becoming the best model for this: PM

    Uttar Pradesh is no longer just a land of possibilities but of competence and accomplishments!: PM

    Posted On: 11 APR 2025 12:56PM by PIB Delhi

    The Prime Minister Shri Narendra Modi laid the foundation stone and inaugurated various development projects worth over Rs 3,880 crore today in Varanasi, Uttar Pradesh. Addressing the gathering, he highlighted his deep connection to Kashi, expressing heartfelt gratitude to the people of his family and the region for the blessings and acknowledged the love and support that has been extended to him. He emphasized his indebtedness to this love, stating that Kashi is his, and he belongs to Kashi. Noting that tomorrow is the auspicious occasion of Hanuman Janmotsav, Shri Modi expressed his honor at having the opportunity to visit Sankat Mochan Maharaj in Kashi. He highlighted how, ahead of Hanuman Janmotsav, the people of Kashi have gathered together to celebrate the festival of development.

    “In the last 10 years, the development of Banaras has gained a new momentum”, exclaimed the Prime Minister, adding that Kashi has embraced modernity, preserved its heritage, and adopted a bright future. He remarked that Kashi is no longer just ancient but also progressive, now positioned at the center of Purvanchal’s economic map. He further noted that the Kashi guided by Lord Mahadev himself is now driving the chariot of Purvanchal’s development. 

    Mentioning the inauguration and foundation laying of numerous projects connected to Kashi and various parts of Purvanchal earlier in the event, Shri Modi emphasized the strengthening of connectivity through infrastructure projects, the campaign to provide tap water to every household, and the expansion of education, health, and sports facilities. He remarked on the commitment to provide better amenities to every region, family, and youth, stating that these initiatives will serve as milestones in transforming Purvanchal into a developed region. He noted that every resident of Kashi will benefit greatly from these schemes and extended congratulations to the people of Banaras and Purvanchal for these development efforts.

    The Prime Minister marked the occasion of Mahatma Jyotiba Phule’s birth anniversary today, recognizing his and Savitribai Phule’s lifelong dedication to the welfare of society and the empowerment of women. He highlighted the ongoing efforts to advance their vision and commitment to women’s empowerment. He further stated that their Government treads on the mantra of ‘Sabka saath, Sabka Vikas’. He extended congratulations to the livestock-rearing families of Purvanchal, particularly the hardworking women, who have set a new example for the region. He remarked that trust, when placed in these women, has created history. The Prime Minister noted the distribution of bonuses to livestock-rearing families associated with Uttar Pradesh’s Banas Dairy Plant. He emphasized that this bonus, exceeding ₹100 crore, is not a gift but a reward for their hard work and dedication, reflecting the value of their labor and perseverance.

    Emphasising the transformative impact of Banas Dairy in Kashi, which has reshaped the lives and destinies of thousands of families, Shri Modi highlighted how the dairy has rewarded hard work and given wings to aspirations. He proudly noted that the efforts have enabled many women in Purvanchal to become “Lakhpati Didis,” transitioning from concerns of sustenance to a path of prosperity. He remarked that this progress is evident not only in Banaras and Uttar Pradesh but across the country. “India has become the largest milk producer globally, with a nearly 65% increase in milk production over the past decade”, he highlighted, attributing this success to millions of farmers and livestock owners, recognizing that such achievements are the result of continuous efforts over the last ten years. He pointed out the initiatives undertaken to advance the dairy sector in mission mode, including linking livestock owners to Kisan Credit Card facilities, increasing loan limits, and introducing subsidy programs. The Prime Minister also mentioned the free vaccination program against Foot and Mouth Disease to protect livestock, as well as efforts to revive over 20,000 cooperative societies for organized milk collection, incorporating lakhs of new members. He underlined the focus on developing indigenous cattle breeds and improving their quality through scientific breeding under the Rashtriya Gokul Mission. These initiatives aim to connect livestock owners with new development pathways, better markets, and opportunities. He lauded the Banas Dairy complex in Kashi for advancing this vision across Purvanchal and noted that Banas Dairy has distributed Gir cows in the region, with their numbers steadily increasing, and has begun arrangements for animal feed in Banaras. He commended the dairy for collecting milk from nearly one lakh farmers in Purvanchal, empowering them and strengthening their livelihoods.

    The Prime Minister mentioned the privilege of distributing Ayushman Vay Vandana Cards to several senior citizens. He highlighted the sense of satisfaction evident on their faces, calling it a testament to the scheme’s success. He acknowledged the concerns families have had for their elders’ healthcare and recalled the difficulties faced across Purvanchal 10-11 years ago regarding medical treatment. Noting the drastic improvements in the region, he stated “Kashi is now becoming a health capital”. He remarked that advanced hospitals, once limited to cities like Delhi and Mumbai, are now accessible near people’s homes. He emphasized that this is the essence of development—bringing facilities closer to the people.

    Emphasising the significant strides made in healthcare over the past decade, not only increasing the number of hospitals but also enhancing the dignity of patients, Shri Modi highlighted the Ayushman Bharat scheme as a boon for the poor, providing not just treatment but also instilling confidence. He remarked that thousands in Varanasi and lakhs across Uttar Pradesh have benefited from the scheme, with every treatment, operation, and relief marking a new beginning in their lives. He further noted that the Ayushman Bharat scheme has saved crores of rupees for lakhs of families in Uttar Pradesh, as the government has taken responsibility for their healthcare. Recalling his promise of free treatment for senior citizens, which led to the launch of the Ayushman Vay Vandana scheme, the Prime Minister highlighted that this initiative ensures free treatment for every senior citizen above 70 years of age, regardless of their income. He remarked that Varanasi has issued the highest number of Vay Vandana cards, with nearly 50,000 cards distributed. He emphasized that this is not just a statistic but a commitment to service, eliminating the need for families to sell land, take loans, or face helplessness for medical treatment. He assured that with the Ayushman card, the government now bears the financial responsibility for their healthcare.

    The Prime Minister highlighted the remarkable transformation of Kashi’s infrastructure and facilities, which have earned widespread praise from visitors. He noted that millions of people visit Banaras daily, offering prayers to Baba Vishwanath and bathing in the sacred Ganga, with many remarking on the city’s significant changes. He emphasized the challenges Kashi would have faced if its roads, railways, and airport had remained in the same condition as a decade ago. He recalled the traffic jams during small festivals, where travelers had to navigate through the entire city, enduring dust and heat. He remarked on the construction of the Phulwariya flyover, which has shortened distances, saved time, and brought relief to daily life. The Prime Minister also highlighted the benefits of the Ring Road, which has drastically reduced travel time for residents of rural areas in Jaunpur and Ghazipur, as well as those from Ballia, Mau, and Ghazipur districts heading to the airport, eliminating hours of traffic congestion.

    Underlining the improved connectivity in the region which has led to faster and convenient travel to cities like Ghazipur, Jaunpur, Mirzapur, and Azamgarh with widened roads, Shri Modi remarked that areas once plagued by traffic jams are now witnessing the speed of development. He emphasized the investment of approximately ₹45,000 crore over the past decade in enhancing connectivity in Varanasi and surrounding regions. He stated that this investment has transformed not just infrastructure but also trust, benefiting Kashi and neighboring districts. He announced the expansion of infrastructure projects, including the foundation laying of projects worth thousands of crores. The Prime Minister highlighted the ongoing expansion of Lal Bahadur Shastri Airport and the construction of a six-lane underground tunnel near the airport to improve connectivity. He noted the initiation of projects connecting Bhadohi, Ghazipur, and Jaunpur, as well as the long-awaited construction of flyovers at Bhikharipur and Manduadih. He expressed happiness over the fulfillment of these demands. He also announced the construction of a new bridge connecting Banaras city and Sarnath, which will eliminate the need for travelers from other districts to enter the city while heading to Sarnath.

    The Prime Minister remarked that in the coming months, once the ongoing projects are completed, commuting in Banaras will become even more convenient, stressing that this progress will boost both speed and business activities in the region. He highlighted the enhanced ease for those visiting Banaras for livelihood and healthcare purposes. He also mentioned the commencement of the trial for the city ropeway in Kashi, which will position Banaras among the select cities globally to offer such a facility.

    Underscoring that every development and infrastructure project in Varanasi benefits the youth of Purvanchal, Shri Modi highlighted the government’s focus on providing continuous opportunities for Kashi’s youth to excel in sports. He remarked on the construction of new stadiums in Banaras and the development of excellent facilities for young athletes. He noted the opening of a new sports complex, where hundreds of players from Varanasi are undergoing training. He also mentioned that participants in the MP Sports Competition have had the opportunity to showcase their talent on these grounds.

    Emphasising India’s journey of balancing development and heritage, highlighting Kashi as the finest example of this model, the Prime Minister remarked on the flow of the Ganga and the consciousness of India, describing, “Kashi is the most beautiful representation of India’s soul and diversity”. He noted the unique culture in every neighborhood and the distinct colors of India visible in every lane of Kashi and expressed happiness over initiatives like the Kashi-Tamil Sangamam, which continue to strengthen the threads of unity. He announced the upcoming Ekta Mall in Kashi, which will showcase India’s diversity under one roof, offering products from various districts across the country.

    The Prime Minister highlighted the transformation in Uttar Pradesh over recent years, noting that the state has not only changed its economic landscape but also its outlook. He remarked that Uttar Pradesh is no longer just a land of possibilities but has become a land of capability and achievements. He stressed on the growing resonance of ‘Made in India’ globally, with Indian-made products now becoming global brands. He noted the recognition of several products with Geographical Indication (GI) tags, describing these tags as more than just labels—they are certificates of identity for the land. He remarked that GI tags signify that a product is a creation of its soil, and wherever GI tags reach, they open pathways to greater market success.

    Underscoring Uttar Pradesh’s leading position in GI tagging across the country, Shri Modi mentioned the growing international recognition of the state’s art, crafts, and skills. He noted that over 30 products from Varanasi and its surrounding districts have received GI tags, describing them as a passport of identity for these items. He listed products from the region that have been recognized, such as Varanasi’s tabla, shehnai, wall paintings, thandai, stuffed red chili, red peda, and tiranga barfi. He also mentioned that products like Jaunpur’s imarti, Mathura’s sanjhi art, Bundelkhand’s kathiya wheat, Pilibhit’s flute, Prayagraj’s moonj art, Bareilly’s zardozi, Chitrakoot’s woodcraft, and Lakhimpur Kheri’s Tharu zardozi have recently been awarded GI tags. “The fragrance of Uttar Pradesh’s soil is now crossing borders, spreading its legacy far and wide”, he added.

    Remarking that preserving Kashi means safeguarding the soul of India, the Prime Minister concluded by emphasising the collective commitment to continually empower Kashi and to keep it beautiful and connect its ancient spirit with a modern identity.

    The Governor of Uttar Pradesh, Smt Anandiben Patel, the Chief Minister of Uttar Pradesh, Shri Yogi Adityanath were present among others at the event.

    Background

    Prime Minister laid the foundation stone and inaugurated various development projects worth over Rs 3,880 crore in Varanasi. In line with his commitment to infrastructure development, particularly enhancing road connectivity in Varanasi, he inaugurated and laid the foundation stone for various road projects in the region. Furthermore, he laid the foundation stone for a road bridge between Varanasi Ring Road and Sarnath, flyovers at Bhikharipur and Manduadih crossings of the city and a highway underpass road tunnel on NH-31 at the Varanasi International Airport worth over Rs 980 crore.

    Giving a boost to the electricity infrastructure, Prime Minister inaugurated two 400 KV and one 220 KV transmission substations and associated transmission lines of Jaunpur, Chandauli and Ghazipur districts of Varanasi division worth over Rs 1,045 crore. He also laid the foundation stone of a 220 KV transmission substation at Chaukaghat, Varanasi, a 132 KV transmission substation in Ghazipur and augmentation of the Varanasi city electricity distribution system worth over Rs 775 crore.

    Prime Minister inaugurated a Transit Hostel at the Police Line and barracks at PAC Ramnagar Campus, to improve facilities for the security personnel. He also laid the foundation stone of new administrative buildings at various police stations and a residential hostel in Police Line.

    In line with his vision to ensure education for all, Prime Minister inaugurated projects including a Government Polytechnic College at Pindra, Sardar Vallabhbhai Patel Government College at village Barki, 356 rural libraries and 100 Anganwadi centres also. He also laid the foundation stone for renovation of 77 primary school buildings under the Smart City Mission and the construction of a new building for Kasturba Gandhi School at Cholapur, Varanasi. Promoting sports infrastructure in the city, Prime Minister laid the foundation stone for a synthetic hockey turf with floodlights and spectator gallery at Uday Pratap College and a mini stadium at Shivpur.

    Prime Minister also inaugurated the redevelopment of Samne Ghat and Shastri Ghat at Ganga river, 130 rural drinking water schemes under the Jal Jeevan Mission worth over Rs 345 crore, improvement of six municipal wards of Varanasi and landscaping and sculpture installations at various sites of Varanasi.

    Prime Minister also laid the foundation stone for MSME Unity Mall for artisans, infrastructure development works of Transport Nagar Scheme at Mohansarai, 1 MW solar power plant at WTP Bhelupur, Community halls in 40 Gram panchayats and beautification of various parks in Varanasi.

    Prime Minister presented Geographical Indication (GI) certificates to various local items and products including  tabla, painting, thandai, tiranga barfi among others. He also transferred over Rs 105 crore bonus to milk suppliers of Uttar Pradesh associated with Banas Dairy.

     

    काशी का तेजी से चहुंमुखी विकास हो रहा है। इसी कड़ी में आज विभिन्न विकास परियोजनाओं का लोकार्पण-शिलान्यास करना मेरे लिए सौभाग्य की बात है। https://t.co/6vY4qCCLYp

    — Narendra Modi (@narendramodi) April 11, 2025

    महात्मा ज्योतिबा फुले और सावित्री बाई फुले जी ने जीवन भर नारी शक्ति के हित, उनके आत्मविश्वास और समाज के कल्याण के लिए काम किया: PM @narendramodi pic.twitter.com/m0hui2d0Xh

    — PMO India (@PMOIndia) April 11, 2025

    बनास डेयरी ने काशी में हज़ारों परिवारों की तस्वीर और तक़दीर दोनों बदल दी है: PM @narendramodi pic.twitter.com/5HQUZ3QFKn

    — PMO India (@PMOIndia) April 11, 2025

    आज काशी होकर जो भी जाता है, वो यहां के इंफ्रास्ट्रक्चर की, यहां की सुविधाओं की बहुत प्रशंसा करता है: PM @narendramodi pic.twitter.com/NrdX4SKeTd

    — PMO India (@PMOIndia) April 11, 2025

    भारत आज विकास और विरासत, दोनों को एक साथ लेकर चल रहा है। इसका सबसे बढ़िया मॉडल, हमारी काशी बन रही है: PM @narendramodi pic.twitter.com/2TP0127Taj

    — PMO India (@PMOIndia) April 11, 2025

    यूपी—अब सिर्फ संभावनाओं की धरती नहीं रहा… अब ये सामर्थ्य और सिद्धियों की संकल्पभूमि बन रहा है! pic.twitter.com/r3USa3qfLA

    — PMO India (@PMOIndia) April 11, 2025

     

    ***

    MJPS/SR

    (Release ID: 2120875) Visitor Counter : 162

    MIL OSI Asia Pacific News –

    April 11, 2025
  • MIL-OSI Asia-Pac: Nominations for Padma Awards–2026 open till 31st July, 2025

    Source: Government of India

    Posted On: 11 APR 2025 12:53PM by PIB Delhi

    Nominations/recommendations for the Padma Awards-2026 to be announced on the occasion of Republic Day, 2026 have started on 15thMarch, 2025. The last date for nominations for Padma Awards is 31stJuly, 2025. The nominations/recommendations for Padma Awards will only be received online on the Rashtriya Puraskar Portal (https://awards.gov.in ).

    The Padma Awards, namely, Padma Vibhushan, Padma Bhushan and Padma Shri, are amongst the highest civilian awards of the country. Instituted in 1954, these Awards are announced on the occasion of the Republic Day every year. The Award seeks to recognize ‘work of distinction’ and is given for distinguished and exceptional achievements/service in all fields/disciplines, such as Art, Literature and Education, Sports, Medicine, Social Work, Science and Engineering, Public Affairs, Civil Service, Trade and Industry etc. All persons without distinction of race, occupation, position or sex are eligible for these Awards. Government servants including those working with PSUs, except Doctors and Scientists, are not eligible for Padma Awards.

    The Government is committed to transform Padma Awards into “People’s Padma”. All citizens are, therefore, requested to make nominations/recommendations, including self-nomination. Concerted efforts may be made to identify talented persons whose excellence and achievements really deserve to be recognized from amongst women, weaker sections of the society, SCs & STs, divyang persons and who are doing selfless service to the society.

    The nominations/recommendations should contain all relevant details specified in the format available on the above said Portal, including a citation in narrative form (maximum 800 words), clearly bringing out the distinguished and exceptional achievements/service of the person recommended in her/his respective field/discipline.

    Details in this regard are also available under the heading ‘Awards and Medals’ on the website of Ministry of Home Affairs (https://mha.gov.in) and on the Padma Awards Portal (https://padmaawards.gov.in). The statutes and rules relating to these awards are available on the website with the link https://padmaawards.gov.in/AboutAwards.aspx .

    *****

    RK/VV/PR/PS

    (Release ID: 2120873) Visitor Counter : 167

    Read this release in: Hindi

    MIL OSI Asia Pacific News –

    April 11, 2025
  • MIL-OSI Europe: Answer to a written question – Transgender athletes competing in women’s sports – E-000679/2025(ASW)

    Source: European Parliament

    The Commission has demonstrated a strong commitment to building a Union of Equality, promoting equality, diversity and inclusion for all, notably through the Gender Equality Strategy 2020-2025[1], LGBTIQ Equality Strategy 2020-2025[2], as well as through funding programmes such as Erasmus+[3].

    As announced in the President of the Commission’s Political Guidelines[4] and in the 2025 Commission Work Programme[5], the Gender Equality Strategy and the LGBTIQ Equality Strategy will be renewed beyond 2025. The Commission also adopted the Roadmap for Women’s Rights[6] on 7 March 2025.

    Based on the core principle of autonomy of sport, it is for each sport and its governing body to decide on the participation of athletes in sport competitions.

    The Commission notes the International Olympic Committee’s Framework on Fairness, Inclusion and Non-Discrimination on the Basis of Gender Identity and Sex Variations[7], that offers a 10-principle approach to help sport organisations to develop criteria applicable to their sport.

    The Commission’s commitment to equality and inclusion alongside the evolving policies of sports federations, plays a key role in shaping a fair and inclusive environment for women’s sports.

    • [1] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A52020DC0152
    • [2] https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=celex:52020DC0698
    • [3] https://erasmus-plus.ec.europa.eu/
    • [4] https://commission.europa.eu/document/download/e6cd4328-673c-4e7a-8683-f63ffb2cf648_en?filename=Political%20Guidelines%202024-2029_EN.pdf
    • [5] https://commission.europa.eu/document/download/7617998c-86e6-4a74-b33c-249e8a7938cd_en?filename=COM_2025_45_1_annexes_EN.pdf
    • [6] https://commission.europa.eu/document/download/0c3fe55d-9e4f-4377-9d14-93d03398b434_en?filename=Gender%20Equality%20Report%20Chapeau%20Communication.pdf
    • [7] https://stillmed.olympics.com/media/Documents/Beyond-the-Games/Human-Rights/IOC-Framework-Fairness-Inclusion-Non-discrimination-2021.pdf
    Last updated: 11 April 2025

    MIL OSI Europe News –

    April 11, 2025
  • MIL-OSI Europe: Kosovo receives €500 000 grant from EIB Global to revamp the Palace of Youth and Sports in Prishtina

    Source: European Investment Bank

    Thanks to a €500 000 cooperation agreement signed between the European Investment Bank (EIB Global), Republic of Kosovo*’s Ministry of Culture, Youth and Sport and the Local Public Enterprise “Pallati i Rinisë”, the EU bank will provide technical assistance for the reconstruction, conservation and restauration of the Palace of Youth and Sports in Prishtina. The project aims to transform the facility into a state-of-the-art, multifunctional center, while preserving the cultural heritage values, ready to serve as the competition and training venue for the XXI Mediterranean Games- Prishtina 2030 to be hosted by the Republic of Kosovo.

    MIL OSI Europe News –

    April 11, 2025
  • MIL-OSI: Genezys Launches $GNZ Token, Shifting the tide of Sports Engagement in Web3

    Source: GlobeNewswire (MIL-OSI)

    Genezys, an innovative platform at the intersection of Web3 and sports, has officially launched its $GNZ token—marking a significant milestone in its mission to transform how fans, athletes, and clubs interact within the decentralized sports ecosystem. At the heart of this revolution is Genezys’ decentralized platform, designed to empower sports fans, creators, and athletes with innovative tools, transparent infrastructure, and unique engagement opportunities.

    GRENOBLE, France, April 11, 2025 (GLOBE NEWSWIRE) — Following its much-anticipated Initial Coin Offering (ICO) on Kommunitas Launchpad, Genezys has captured the attention of both blockchain enthusiasts and sports fans alike. The ICO attracted significant interest from investors eager to be part of a platform that is redefining the digital interaction between fans and athletes, creating new pathways for engagement and financial support for clubs.

    As the sports industry continues to embrace digital transformations, Genezys is leveraging the power of blockchain to provide a transparent and secure environment for sports engagement. Its flagship product, the FanCard, is a unique NFT that allows fans to connect more closely with their favorite athletes or sports clubs, unlocking a variety of exclusive benefits such as special content, VIP experiences, and more.

    But Genezys is not just about fan engagement—it’s building an entire ecosystem around Web3 technology. The platform offers a Web3-powered marketplace for buying, selling, and trading FanCards, which are digital collectibles backed by blockchain, and even includes a gamified rewards system that incentivizes fan loyalty. The platform’s NFT-powered Launchpad allows sports clubs and athletes to issue their own tokens, and community engagement translates into real-world perks, enhancing the access and allocation for token holders.

    Genezys combines the best of blockchain security, decentralization, and NFT utility to deliver a cutting-edge sports experience. Built on Ethereum-compatible smart contracts and powered by IPFS for decentralized storage, the platform ensures data privacy, user control, and fast, transparent transactions. Fans can also interact with athletes and clubs in a more direct, meaningful way, thanks to Genezys’ seamless integration of Web3 tools into the sports community.

    The $GNZ token serves as the core utility within the Genezys ecosystem, unlocking a broad array of benefits for holders. These include access to premium FanCard collections, participation in the Launchpad for exclusive athlete and club token sales, and rewards within the community engagement system. Additionally, $GNZ holders gain voting rights for platform governance decisions, staking rewards when paired with NFTs, and exclusive access to gated communities and events.

    During its ICO on Kommunitas, Genezys surpassed 60% of its funding target within the first six hours and was fully subscribed under 72 hours, signaling the high demand for fan-driven blockchain applications. The platform’s post-IKO strategy includes expanding its AI and blockchain capabilities, onboarding new strategic partners, and leveraging token buybacks funded through platform revenue—all aimed at enhancing the long-term value and utility of the $GNZ token.

    Looking ahead, Genezys plans to expand across multiple blockchains, integrate new fan engagement technologies, and scale its suite of products. With its unique combination of decentralization, sports community engagement, and tokenized rewards, Genezys is poised to become a cornerstone in the Web3 sports ecosystem. By offering fans, athletes, and sports clubs a secure, user-friendly platform, Genezys is setting a new standard for how sports can be experienced and monetized in the digital age.

    About Genezys
    Genezys is a Web3-powered sports platform dedicated to creating secure, intelligent, and decentralized tools that empower fans, athletes, and clubs to engage with one another in innovative ways. Its native token, $GNZ, fuels a vibrant ecosystem of fan engagement, NFT collections, and sports token launches. With strategic alliances, cutting-edge technology, and a user-first approach, Genezys is redefining what’s possible in the digital sports world.

    Contact:
    Nathan Muscio
    nathan.muscio@genezys-app.com
    contact@genezys.xyz

    Disclaimer: This press release is provided by Genezys. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dfc81f27-a22f-4fc4-a546-9ff085e614d9

    The MIL Network –

    April 11, 2025
  • MIL-OSI: Meana Raptor Announces Presale with Real-World Utility, NFT Integration, and Anti-Whale Protections

    Source: GlobeNewswire (MIL-OSI)

    WASHINGTON, April 11, 2025 (GLOBE NEWSWIRE) — Meana Raptor has announced the launch of its private presale for $MRT. Blending innovative tokenomics, NFT-driven rewards, real-world utility, and a golf-meets-blockchain narrative, Meana Raptor aims to redefine what a truly community-centric crypto project can achieve.

    The Meana Raptor Ecosystem
    Meana Raptor transcends the typical meme coin or token label. It stands as a decentralized entertainment and real-world integration brand with a multi-layered ecosystem that includes:

    1. NFT Integration
      • Golf Perks & Events: Exclusive NFTs that grant holders access to golf club perks, tournaments, and brand-sponsored events.
      • Future VR Park Access: Fusing virtual reality with on-ground access, each NFT becomes a key to Meana Raptor’s expanding VR and park ecosystem.
    2. Native Token ($MRT)
      • Anti-Whale Protections: Smart contract features that limit large-scale market manipulation and ensure a fair token distribution.
      • Cooldown Mechanisms: Preventing rapid buy-sell cycles, safeguarding both new and existing investors.
    3. Storytelling & Entertainment
      • YouTube Shorts & Animated Episodes: Bringing Meana Raptor’s lore to life through engaging stories and characters.
      • Narrative Layer: Transforming holders into characters within the Meana universe — fostering identity and belonging that goes beyond token ownership.
    4. Future DAO Governance
      • Token + NFT Gated Access: Token and NFT holders will have a say in guiding project decisions, ensuring the community’s voice remains central to the project’s evolution.

    Security & Transparency
    From its inception, Meana Raptor has prioritized ethical leadership and technical security:

    • Doxxed Leadership Team: Founder and key team members are publicly known, fostering trust among participants.
    • Anti-Bot / Anti-Dump Architecture: Robust smart contract code designed to protect token holders from pump-and-dump scenarios.
    • Team & Dev Fund Vesting: Hardcoded vesting ensures the team’s interests align with the community’s long-term success.
    • Audit in Progress: A thorough audit by SolidProof is underway, reflecting Meana Raptor’s unwavering commitment to accountability and investor protection.

    About the Founder
    Meana Raptor was founded by Roberto Brown, a Vietnamese-American entrepreneur who entered the crypto arena determined to create an honest, transparent, and utility-focused project. His firsthand experiences with failed projects and rug pulls motivated him to build something genuinely sustainable. Brown’s background in business strategy — combined with a personal commitment to investor protection and transparency — sets the foundation for Meana Raptor’s bold vision. His primary belief: blockchain should create long-term value, not just fleeting hype.

    The Team
    Behind Meana Raptor stands a fully doxxed, global team of experts dedicated to security, user engagement, and community-driven growth:

    • Smart Contract Engineers: From the U.S. and Asia, ensuring robust anti-whale features, anti-bot mechanisms, and security-first protocols.
    • Marketing Specialists: Including members from the U.K. and Nigeria, strategizing brand storytelling, investor education, and real-time campaign engagement.
    • Community Builders: Focused on fortifying the Raptor community, offering top-tier support, and fostering organic growth across different regions and social channels.

    United by a shared vision of investor-first development, this diverse team operates under strict guidelines of trust and accountability.

    Join the Raptor Movement
    Meana Raptor isn’t just launching; it’s awakening a movement that merges immersive storytelling, blockchain rewards, and real-world access perks. Early adopters have an unprecedented chance to mint NFTs, participate in the presale, and shape the direction of a brand poised to innovate in both virtual and physical realms.

    “This project is about more than crypto,” says founder Roberto Brown. “It’s about building a community that stands for trust, creativity, and tangible value. We’re here to reshape the conversation around what a token — and its holders — can achieve together.”

    Join Meana Raptor in pioneering a decentralized future that values trust, community input, and tangible utility. Welcome to a realm where the fairway meets the blockchain, and every participant holds a stake in the story.

    For more information, connect at:
    Website: www.meanaraptor.com

    For press inquiries, contact:
    Info@meanaraptor.com
    felipe@meanaraptor.com
    michael@meanaraptor.com
    robin@meanaraptor.com

    Media Contact
    Company Name: Meana Raptor
    Contact Person: Roberto Brown
    Email: info@meanaraptor.com
    Website: meanaraptor.com

    Disclaimer: This press release is provided by the Meana Raptor. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.

    Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.

    Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/88029e88-66f8-4b3c-ab8d-24d55574daa1

    The MIL Network –

    April 11, 2025
  • MIL-OSI: Gate.io Celebrates 12th Anniversary with a Major Brand Upgrade: Opening the Gateway to the Future of Crypto

    Source: GlobeNewswire (MIL-OSI)

    PANAMA CITY, April 11, 2025 (GLOBE NEWSWIRE) — Global leading cryptocurrency exchange Gate.io is marking a significant milestone—its 12th anniversary—by unveiling a comprehensive brand upgrade, including the debut of its new official Chinese name, “Damen” (大门, meaning “The Gate“). Under the theme “12 Years, One Gate, One World”, Gate.io reflects on its journey of growth and transformation, while embracing a bold new vision for the future, showcasing its ambition to build a more open, diverse, and innovative Web3 ecosystem for users worldwide.

    12 Years of Innovation: Establishing Prestigious Global Leadership

    Since its inception in 2013, Gate.io has emerged as a blockchain innovation powerhouse, offering reliable and versatile digital asset trading services. Today, Gate.io has grown into a top global leading crypto exchange, serving over 22 million users globally, consistently ranking among the top three exchanges by liquidity and ranking top 2 in 24-hour spot trading volume. The platform supports over 3,800 cryptocurrencies across spot trading, futures, leverage, and other financial products, offering a wide range of investment opportunities.

    Among the keystones cementing Gate.io’s dominance in crypto space, GateToken (GT), Gate.io’s native platform token, has been a cornerstone of its ecosystem since the launch of GateChain’s mainnet in 2019. GT reached an all-time high of $25.960, with a total market capitalization surpassing $2.94 billion, propelling its market rank into the global Top 40.

    Moreover, Gate.io’s established crypto financial ecosystem has also played a crucial role in driving industry transparency. As the first mainstream exchange to commit to 100% proof of reserves, it partnered with U.S. audit firm Armanino LLP, leveraging the Merkle Tree open-source framework for regular asset reserve disclosures. As of January 17, 2025, Gate.io’s total reserves exceeded $10 billion, ranking fourth globally, with an above-average reserve ratio of 128.58%, ensuring verifiability and security for user assets.

    Cross-Industry Partnerships: Expanding Web3’s Global Influence

    Gate.io is actively fostering cross-industry partnerships to elevate the crypto industry’s global reach. In 2024, Gate.io partnered with FC Internazionale Milano, or Inter, marking a new era of integration between crypto and traditional sports. As the Official Sleeve Partner for Inter, Gate.io’s brand images have been prominently featured at San Siro Stadium, Serie A, and UEFA Champions League matches. Through VIP events and joint activities, Gate.io is bringing crypto closer to football enthusiasts, building a global fan community, and exploring new possibilities for sports and digital assets.

    In the first quarter of 2025, Gate.io announced a landmark sponsorship deal with Oracle Red Bull Racing in Formula 1, becoming the team’s exclusive cryptocurrency exchange partner. As an eight-time F1 world champion, Oracle Red Bull Racing is synonymous with excellence and speed, a vision that aligns with Gate.io’s cutting-edge innovation in digital finance. This partnership is a strategic milestone, accelerating blockchain adoption and expanding Web3 solutions to a broader global audience.

    Strategic Brand Upgrade: Embracing A New Identity for the Future

    Over the past 12 years, Gate.io has witnessed the rapid evolution of the crypto industry and proactively adapted to market shifts. From a Bitcoin trading platform to a comprehensive blockchain ecosystem, Gate.io is now embracing its next evolution with the introduction of the new Chinese Name “Damen” (meaning “The Gate”). The new brand identity symbolizes openness, fairness, and innovation, reflecting Gate.io’s commitment to bridging the global crypto economy with cutting-edge technology and trusted financial infrastructure.

    More than just a name change, this brand evolution marks a strategic upgrade—shifting from a traditional exchange to a fully integrated Web3 ecosystem. Under this new vision, Gate.io is focused on enhancing user experience, driving technological innovation, and expanding decentralized finance solutions, making blockchain technology more accessible, secure, and intuitive for users worldwide.

    Commemorating 12 Years with Exclusive Events in Dubai

    To celebrate this milestone, Gate.io will host a series of flagship events in Dubai on April 29-30, 2025, to join hands with global users and industry partners. The 12th Anniversary Celebration is expected to attract over a thousand top global investors, blockchain entrepreneurs, project teams, and industry leaders, joining Gate.io in celebrating this significant occasion. Adding to the festivities, SPORT3 DUBAI 2025 will introduce a unique blend of sports and blockchain, creating a dynamic and engaging atmosphere for industry professionals to connect. Through this initiative, Gate.io aims to foster cross-industry collaboration, encourage meaningful dialogue, and drive innovation in blockchain-powered sports applications.

    Twelve years of trust, growth, and groundbreaking innovation have brought Gate.io to this defining moment. From the “Gateway to Crypto” over a decade ago to pioneering the next chapter of blockchain evolution, the platform remains committed to its mission. Standing at the crossroads of a new era, Gate.io embraces its new transformation, not just a rebrand, but as a renewed commitment to empowering users, advancing technology, and shaping the future of the blockchain ecosystem. As Gate.io unveils its next chapter, it continues to open the gateway to crypto for global users, bridging today’s world with the boundless possibilities of the crypto future.

    Media Contact:
    Elaine Wang at elaine.w@gate.io

    Disclaimer:

    The content herein does not constitute any offer, solicitation, or recommendation. Please note that virtual assets may depreciate in value fully or partially, and are susceptible to significant fluctuations. You should always seek independent professional advice before making any investment decisions. Please note Gate.io is not licensed or regulated by the Virtual Asset Regulatory Authority (VARA) and hence not permitted to conduct virtual asset related activities in/from Dubai. The products and/or services mentioned herein are only available to persons outside Dubai. Please be noted that Gate.io may restrict or prohibit the use of all or a portion of the Services from Restricted Locations. For more information, please read the User Agreement via https://www.gate.io/zh/user-agreement.

    Disclaimer: This press release is provided by Gate.io. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.Speculate only with funds that you can afford to lose.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned.

    A photo accompanying this announcement is available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/084ebf10-5fe7-4c6c-ade0-aedac933fbf4

    The MIL Network –

    April 11, 2025
  • MIL-OSI Europe: Medium-range ground-based air defence: armasuisse tested new radar to strengthen defence capability

    Source: Switzerland – Department of Defence, Civil Protection and Sport

    Between 31 March and 11 April 2025, the Federal Office for Defence Procurement armasuisse tested the TRML-4D sensor (radar) for the new medium-range ground-based air defence system in cooperation with the Swiss Armed Forces. A further step in the procurement process was achieved with the testing. The properties of the radar were tested in the specific Swiss topography and various investigations on frequency compatibility with civilian systems such as the weather radar were carried out. Testing took place alternately at the federally-owned “Homberg” and at the site of the Emmen aerodrome.

    MIL OSI Europe News –

    April 11, 2025
  • MIL-Evening Report: Traded like assets, expected to be loyal: the unique double standard of being an Australian footy player

    Source: The Conversation (Au and NZ) – By Hunter Fujak, Senior Lecturer in Sport Management, Deakin University

    Few issues in Australian sport generate as much media noise or emotional fan reactions as player movement, especially in our major winter codes the National Rugby League (NRL) and Australian Football League (AFL).

    Contract negotiations, trade whispers and club defections dominate headlines, talkback radio, social media and fan forums — often eclipsing the on-field action itself.

    In the past month, the sport news cycle has been dominated by player movement controversies involving the NRL’s Dylan Brown and Daly Cherry-Evans and the AFL’s Oscar Allen.

    The scrutiny these athletes face is one feature of a workplace defined by expectations rarely found in other industries.

    In a world where professional athletes are simultaneously financial investments and human beings, can fans, athletes and leagues strike a truly fair balance when it comes to player movement?

    A unique legal status

    Professional sport is exempted from several commercial laws that otherwise apply to typical industries. This is due to its peculiar economics.

    Crucially, leagues such as the AFL and NRL are permitted to operate as cartels, whereby clubs act collectively in ways that petrol stations or supermarkets legally cannot.

    One outcome of sport cartels has been the implementation of various restrictive practices on the recruitment, transfer and remuneration of professional athletes.

    Drafts, trade windows and salary caps are all anti-competitive mechanisms with two general aims: fostering “competitive balance” between teams and suppressing player wages to maintain leaguewide financial viability.

    These mechanisms remain in place mostly due to co-operation between leagues and their player associations (the AFLPA and RLPA), as their underlying legal standing is in fact ambiguous.

    Whether the AFL’s draft would survive a court challenge is debatable.

    Australia’s varied player movement rules

    National Rugby League

    The NRL operates a salary cap model with free agency. This affords athletes strong freedom of movement, including the potential to switch clubs mid-season. Some consider this to be a negative, given constant media conjecture over player movements. However, it keeps the NRL perpetually in the headlines.

    In the absence of a draft, individual NRL clubs are responsible for their own junior development and talent identification. The Penrith Panthers’ historic premiership four-peat was underpinned by successfully leveraging their immense junior catchment to develop NRL superstars.

    A benefit of this model is it maximises the opportunity for local juniors to play for their local team. This pathway from local junior to hometown hero authentically contributes to embedding NRL clubs within local communities.

    Australian Football League

    The AFL operates both a draft and salary cap, and players have considerably less autonomy.

    Player movement occurs almost exclusively in the post-season. Despite this, clubs sweet talk rival players in the shadows outside this window, hoping to make signings official in the off-season.

    This practice came into view this week by the controversy surrounding West Coast captain Allen’s meeting with a rival coach.

    The AFL draft takes place after the trade period and is the primary way for athletes to enter the competition.

    The draft order is inverted, linked to clubs’ on-field performance (the team that finishes last receives the first pick).

    Clubs are largely removed from the process of developing junior athletes, which is centralised through the AFL’s national talent pathway.

    The athlete perspective

    While professional athletes are often portrayed as privileged, there are few other professions that impose such severe restraints on the rights of workers.

    The Allen controversy is a reminder the AFL operates a system where the clubs are masters and players well-remunerated servants.

    For the crime of meeting another coach in considering his future, albeit clumsily, Allen was described as “selfish”, “a sell-out,”, “utterly disgusting” and compelled into a press conference apology.

    Criticisms of athletes as selfish scarcely acknowledge that, unlike doctors or lawyers, they have uniquely short timespans to exploit their sporting careers.

    In many sports, as is the case in rugby league, athletes are disproportionately from lower socio-economic settings, where the money is life changing.

    The fan perspective

    Professional sport thrives because fans are emotionally attached to their teams. Fans rarely switch the team they support, so they often expect the same from players.

    Fan attitudes on player loyalty are therefore largely driven by emotion rather than rationality. Few fans employed in contract work would reject meeting a potential future employer because of a sole dedication to their current employer, as was the case for Allen.

    Even fewer fans would reject the ten-year, $13 million contract accepted by Dylan Brown to depart the Parramatta Eels, yet many booed him for doing so, as Melbourne fans did in 2012 after the departure of former No.1 AFL draft pick Tom Scully to Greater Western Sydney.

    In 2007, Parramatta Eels fans even threw coins at departed player Jamie Lyon. Thankfully for Brown, Australia has since become a mainly cashless society.

    Is there a fair balance?

    Player movement in Australian footy codes is a system of regulations that attempts to balance the competing demands of various stakeholders.

    In recent times, the NRL has explored the introduction of trade windows, and drafts, seemingly in response criticism over player movement and competitive imbalance.

    Such proposals have received strong
    pushback from the RLPA.

    Responding to the Allen fallout, AFLPA boss Paul Marsh conceded the AFL ecosystem remains immature to player movement:

    There shouldn’t be outrage about this stuff but there is. As much as I think we should be mature enough to deal with this, it is the industry we are in.

    The challenge for these codes therefore isn’t just regulating player movement but confronting the double standard placed upon athletes that expects loyalty in a system designed to control.

    Hunter Fujak has served as an external advisor to several Australian player associations on a pro-bono basis, including the Rugby League Players Association.

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

    – ref. Traded like assets, expected to be loyal: the unique double standard of being an Australian footy player – https://theconversation.com/traded-like-assets-expected-to-be-loyal-the-unique-double-standard-of-being-an-australian-footy-player-253618

    MIL OSI Analysis – EveningReport.nz –

    April 11, 2025
  • MIL-OSI Submissions: Australia – Household spending lifts in March but consumers remain cautious – CBA

    Source: Commonwealth Bank of Australia (CBA)

    Interest rate cuts are expected to fuel a consumer recovery in 2025, however rising global uncertainty could weigh on sentiment.

    The CommBank Household Spending Insights (HSI) Index rose 0.9 per cent in March, buoyed by a lift in recreation and hospitality spending off the back of Melbourne Grand Prix and the return of the winter football codes.

    Modest gains were seen across all 12 spending categories for the month, led by Education which surged 4.3 per cent amid rising tuition fees and the start of the academic year. Notable uplifts were also seen in Insurance (+1.6 per cent), Recreation (+1.4 per cent), Hospitality (+1.2 per cent), the latter showing its first lift since December.

    “While it’s encouraging to see a rebound in spending this March, particularly across discretionary categories like Recreation and Hospitality, it’s premature to call this a turning point, as the overall pace of spending growth remains lower than the final quarter of 2024,” CBA Senior Economist Belinda Allen said.

    “We expect interest rate cuts over the coming year to see consumers loosen their purse strings, but global uncertainty from the U.S tariffs may impact this recovery. It’s worth noting Australia is well placed to weather the global economic volatility and remains in a structurally sound position with limited direct impacts from the US tariffs. At the same time, the RBA has room to cut rates if required.”

    Over the past 12 months, spending was up 5.6 per cent, with the strongest growth concentrated in essential services where inflation remains elevated and premiums have risen such as Insurance (+15.3 per cent), Education (+12.7 per cent), Health (+11.9 per cent) and Household Services (+9.2 per cent). In contrast, Transport was down 3.3 per cent annually, led by lower petrol prices.

    Renters continue to show the weakest spending growth, with the annual rate of spending in original per capita terms rising by 2.0 per cent, well below owners with a mortgage (+3.2 per cent) and those who own their home outright (+3.5 per cent).

    “Queensland saw the softest growth rate in March, with spending rising just 0.1 per cent following ex-tropical cyclone Alfred,” Ms Allen said.

    Spending gains were led by South Australia (+1.2 per cent), Northern Territory (+0.9 per cent).

    The CommBank HSI Index tracks month-on-month data at a macro level and is based on de-identified payments data from approximately 7 million CBA customers, comprising roughly 30 per cent of all Australian consumer transactions.

    MIL OSI – Submitted News –

    April 11, 2025
  • MIL-OSI USA: Hoeven Statement After Honoring NDSU Bison at White House, U.S. Capitol

    US Senate News:

    Source: United States Senator for North Dakota John Hoeven
    04.09.25
    Click for here for photo and media resources.
    WASHINGTON – Senator John Hoeven issued the following statement after honoring the 10-time NCAA Division I Football Championship Subdivision (FCS) National Champion North Dakota State University (NDSU) Bison at the White House and U.S. Capitol. Prior to the Bison’s visit to the White House with President Trump, Senator Hoeven and Senator Kevin Cramer hosted a luncheon on Capitol Hill for the Bison, followed by a tour of the U.S. Capitol.
    “The NDSU Bison had a tremendous season, winning their 10th FCS championship, but not only that, they are great student athletes who represent our state well every day,” said Hoeven. “When I asked President Trump about bringing the Bison to the White House, he agreed quickly and later even put together a nice video with me doing horns up. We appreciate President Trump honoring their achievements at the White House, and had a wonderful time hosting them at the U.S. Capitol today. The players, coaches and staff are truly deserving of these honors and we look forward to all of their future successes.”
    After the Bison won their 10th FCS National Championship earlier this year, Senators Hoeven and Cramer spoke with President Trump to arrange an invitation for the Bison to the White House, and the delegation announced the visit to the White House last month.

    MIL OSI USA News –

    April 11, 2025
  • MIL-OSI: ACM Research Receives 2025 3D InCites Technology Enablement Award

    Source: GlobeNewswire (MIL-OSI)

    FREMONT, Calif., April 10, 2025 (GLOBE NEWSWIRE) — ACM Research, Inc. (“ACM”) (NASDAQ: ACMR), a leading supplier of wafer and panel processing solutions for semiconductor and advanced packaging applications, today announced that its Ultra ECP ap-p tool has won the 2025 3D InCites Award in the Technology Enablement category. This award honors companies that have identified and solved critical challenges in the advancement of the heterogeneous integration roadmap, driving the industry forward through cutting-edge solutions and advancements.

    ACM’s Ultra ECP ap-p system, designed for fan-out panel-level packaging (FOPLP), is the first commercially-available high-volume copper deposition system for the large panel market. By using a horizontal plating approach, it achieves exceptional uniformity and precision across the entire panel. The tool supports 515 mm x 510 mm and 600 mm x 600 mm panel sizes and can be used for plating steps in a variety of processes including pillar, bump and redistribution layer.

    “I believe this award recognition from 3D InCites validates ACM’s dedication to innovation in addressing customers’ challenges in panel-level packaging (PLP),” said Dr. David Wang, ACM’s President and Chief Executive Officer. “As the demand for large chiplets, high-performance graphics processing units and high-density high-bandwidth memory continues to grow, PLP has emerged as a key solution for reducing cost and improving efficiency. The Ultra ECP ap-p system is a vital addition to ACM’s expanding FOPLP portfolio, reinforcing our commitment to advancing high-volume manufacturing solutions.”

    ACM’s FOPLP portfolio includes:

    Announced at the IMAPS Device Packaging Conference, 3D InCites award winners were selected based on their significant contributions to the advancement of the heterogeneous integration roadmap.

    Forward-Looking Statements

    Certain statements contained in this press release are not historical facts and may be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “plans,” “expects,” “believes,” “anticipates,” “designed,” and similar words are intended to identify forward-looking statements. Forward-looking statements are based on ACM management’s current expectations and beliefs and involve a number of risks and uncertainties that are difficult to predict and that could cause actual results to differ materially from those stated or implied by the forward-looking statements. A description of certain of these risks, uncertainties and other matters can be found in filings ACM makes with the U.S. Securities and Exchange Commission, all of which are available at www.sec.gov. Because forward-looking statements involve risks and uncertainties, actual results and events may differ materially from results and events currently expected by ACM. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. ACM undertakes no obligation to publicly update these forward-looking statements to reflect events or circumstances that occur after the date hereof or to reflect any change in its expectations with regard to these forward-looking statements or the occurrence of unanticipated events.

    About ACM Research, Inc.

    ACM develops, manufactures and sells semiconductor process equipment spanning cleaning, electroplating, stress-free polishing, vertical furnace processes, track, PECVD, and wafer- and panel-level packaging tools, enabling advanced and semi-critical semiconductor device manufacturing. ACM is committed to delivering customized, high-performance, cost-effective process solutions that semiconductor manufacturers can use in numerous manufacturing steps to improve productivity and product yield. For more information, visit www.acmr.com.

    © ACM Research, Inc. ULTRA C, ULTRA ECP ap and the ACM Research logo are trademarks of ACM Research, Inc. For convenience, these trademarks appear in this press release without ™ symbols, but that practice does not mean ACM will not assert, to the fullest extent under applicable law, its rights to such trademarks. All other trademarks are the property of their respective owners.

    Media Contact: Company Contacts:
    Alyssa Lundeen USA
    Kiterocket Robert Metter
    +1 218.398.0776 +1 503.367.9753
    alundeen@kiterocket.com  
      China
      Xi Wang
      ACM Research (Shanghai), Inc.
      +86 21 50808868
       
      Korea
      ACM Research (Korea), Inc.
      +82-70-41006699.
       
      Taiwan
      David Chang
      +886 921999884
       
      Singapore
      Adrian Ong
      +65 8813-1107

    The MIL Network –

    April 11, 2025
  • MIL-OSI Economics: IADC MIT Student Chapter Wins “Inter Student Chapter Sports Championship”

    Source: International Association of Drilling Contractors – IADC

    Headline: IADC MIT Student Chapter Wins “Inter Student Chapter Sports Championship”

    The IADC MIT Student Chapter recently formed a team to compete in the first ever “Inter Student Chapter Sports Championship” organized by the MIT Federation of Indian Petroleum Industry Student Chapter. Team IADC lost the first match, then made a comeback to win the tournament.

    On LinkedIn, the Chapter stated: “It’s events and moments like these that create a sense of brotherhood and companionship among the members that help them strive for more victories.”

    MIL OSI Economics –

    April 11, 2025
  • MIL-OSI Global: How trustworthy is your fitness tracker score?

    Source: The Conversation – UK – By Cailbhe Doherty, Assistant Professor in the School of Public Health, Physiotherapy and Sports Science, University College Dublin

    PeopleImages.com – Yuri A/Shutterstock

    Millions of people now start their day with a number — a “readiness” score, a “body battery”“ level or a measure of “strain”“ — delivered by the wearable device on their wrist or finger. But how much trust should we place in these scores?

    Composite health scores are increasingly used by digital fitness trackers to offer a single, daily number that reflects how your body is coping with recent demands. Whether it’s marketed as a measure of energy, recovery or resilience, the idea is the same: combine several internal signals into one clear indicator of how prepared you are to take on the day.

    The concept has clear appeal. It simplifies complex physiological data — things like heart rate, sleep and activity — into an actionable recommendation: push harder, take it easy, rest. But how solid is the science behind these scores? My colleagues and I recently conducted a systematic review of the most widely used composite health scores in wearable devices to find out.

    First, what goes into these scores? Typically, quite a lot – at least on paper.

    Most composite health scores pull data from several biometric signals — measurements from your body that indicate how it’s functioning. These include resting heart rate, heart rate variability (the variation in time between heartbeats), sleep quantity and quality, recent physical activity, and sometimes breathing rate, skin temperature and blood oxygen levels.

    On paper, that’s a rich dataset. These signals reflect how your body responds to stress, recovers overnight and balances exertion with rest. But while the inputs may be rooted in physiology, the final score can be less informative than it appears.

    One issue is sensor accuracy. These devices rely on optical sensors and motion tracking to estimate what’s going on inside your body, such as your sleep stages or daily stress levels.

    Even small inaccuracies in measuring heart rate or movement can distort the score. And since these metrics feed directly into the algorithm that calculates your “readiness” or “strain”, small errors can add up.

    Another challenge is transparency. Most companies don’t disclose how exactly they turn raw data into a final score.

    We don’t know which inputs matter most, how they’re combined or whether they’re adjusted for individual differences such as age or fitness level. Without that clarity, it’s difficult to evaluate how meaningful or personalised the number really is.

    A more subtle issue lies in the way certain physiological signals overlap. For instance, poor sleep is often followed by lower heart rate variability — a common sign of stress or incomplete recovery. But many health scores penalise you for both factors separately: once for the bad sleep and again for the resulting change in heart rate variability.

    Heart rate variability explained.

    This kind of double-dipping can exaggerate the effect of a single “stressor” (things that put pressure on your body or mind), making your body seem more run down than it truly is. It creates the illusion of a sophisticated analysis, but may actually be highlighting the same signal twice.

    Similarly, some scores penalise you for the activity you did yesterday, regardless of how well you’ve recovered from it. If your heart rate variability and resting heart rate suggest you’ve bounced back, that should be reflected in your score. But some algorithms still factor in recent exertion as a negative, even when your body is clearly coping well.

    To make these scores more personalised, many devices compare your daily data to your typical values — your baseline. If your sleep or recovery looks significantly different from your recent average, the score adjusts accordingly.

    That’s a sensible idea in theory. But there’s no standard for how these baselines are calculated. Some devices use seven days of data, others 28. Some exclude outliers; others include them. Each company defines it differently, which makes comparisons between devices impossible and raises questions about consistency.

    Should you stop using your wearable?

    Not at all. Fitness trackers can still offer valuable insights. Watching how your core physiological signals shift over time — from week to week or season to season — can help you spot patterns, improve habits and better understand your body’s response to stress and training.

    The problem is when we treat the daily score as a definitive measure of health. It’s not a diagnosis, and it doesn’t always reflect what’s really happening inside your body. So while it’s fine to glance at your readiness or recovery score, don’t let it dictate your decisions.

    Use your fitness tracker as a guide, but not as your coach, your doctor, or your judge.

    Cailbhe Doherty receives funding from the Health Research Board in Ireland (Grant ID: HRB ILP-PHR-2024-005) and Research Ireland (Grant IDs: 12/RC/2289_P2 and 22/NCF/FD/10949). There are no conflicts of interest to declare.

    – ref. How trustworthy is your fitness tracker score? – https://theconversation.com/how-trustworthy-is-your-fitness-tracker-score-253883

    MIL OSI – Global Reports –

    April 11, 2025
  • MIL-OSI Global: Gender equality at the Oxford-Cambridge Boat Race has further to go

    Source: The Conversation – UK – By Andie Riches, PhD Candidate, School of Psychology, Sport and Sensory Science, Anglia Ruskin University

    In rowing, “catching a crab” is when an oar gets stuck in the water, stopping the boat’s momentum. Progress toward gender equality in the Oxford v Cambridge Boat Race has followed a similar rhythm, with periods of forward motion interrupted by moments of tension or pushback.

    This year marks a decade since one period of forward motion, when the women began racing on the same course, on the same day as the men – moving from Henley-on-Thames to the Tideway in London. At the time, the change was heralded as a watershed moment, with some rather boldly and wrongly stating that the move ended what they dubbed one of “the last bastions of gender inequality in sport”.

    The women’s race has become a firmly established part of the event. However, our ongoing research into the experiences of female boat race athletes over the last decade reveals that significant disparities persist.

    As one athlete told us: “Racing on the Tideway was still relatively new when we started, and we were aware of the struggles the women’s team had faced to be recognised and taken seriously.”

    But equality isn’t just about having a place in the race; it’s about having the same support, investment and opportunities as the men. As one rower put it: “We’ve moved forward, but we’re still playing catch-up.”


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    From Henley to the Tideway

    For decades, female rowers were held back by institutional barriers such as unequal funding, media coverage and a lack of sponsorship. Before 2015, the women raced on a two-kilometre stretch at Henley-on-Thames, a separate course from the men’s four-mile route on the Championship Course on the Tideway in London. One rower reflected that racing at Henley felt “secondary”, lacking the same recognition as the men’s race.

    The issue wasn’t the venue. It was the resource disparity, inadequate facilities and lack of media exposure. As one rower described, “We had no showers, no heating, and no space to stretch – just a cold shed. While the men had a better setup next door with basics like kettles and heating.” The lack of visibility at Henley reinforced the perception that the women’s race was secondary, diminishing their accomplishments.

    Even after moving to the Tideway, however, female rowers have faced rough waters, not just from the river itself when the Cambridge women’s boat famously sank, but also from having to challenge public perception.

    Consistent with broader research, our analysis of the media coverage during and after the 2015 women’s event revealed a consistent pattern of focusing on personal stories, emotional moments and the historic nature of the race. This storytelling often came at the expense of recognising the athletes’ performance and competitiveness.

    A 2019 study found that women’s sports received just 3.2% of televised sports news coverage. While coverage has increased in recent years, disparities persist.

    A 2024 Football Supporters’ Association survey found that only 31.8% of the fans felt there was sufficient mainstream media coverage of women’s football. That such calls remain necessary, even amid growing interest, highlights the continued marginalisation of women’s sport.

    This external perception also appears to be evident within the internal environment of the boat clubs. One rower recalled: “It just felt almost like you inconvenienced them to use their space”, referring to the men’s crews.

    This reflects a broader societal issue where women often feel they must justify their presence in spaces where they belong. Hence, the women’s crew not only face the physical challenge of the tideway’s choppy waters, but also an ongoing battle to prove their legitimacy.

    In recent years, rowers challenged the deeply rooted tradition of “weigh-in” with the women’s crews opting not be weighed on the basis that it subjects athletes to a public display of their body weight. Some viewed this as a challenge to a longstanding tradition, while others felt its removal was a positive step for athlete welfare, mental health and body image.

    Other issues also surfaced in 2021 when a former Oxford rower publicly criticised the university’s handling of her sexual assault allegation, arguing that the institution had failed to protect her. The university said at the time it was confident that in all cases it took considerable action to advise and support students who raise such concerns. Though not directly related to the Boat Race, such public cases have caused controversy and raised important questions about the environments in which these athletes train and compete.

    Despite these setbacks, the women’s race has gained momentum. Sponsorship has grown, more people are watching, and for younger rowers, racing on the Tideway is now the norm. In 2015, the women’s Boat Race drew 4.8 million viewers – close to the 6.2 million who watched the men’s race. This highlighted the growing appeal of women’s rowing.

    The race for gender equality in sport, like rowing, is a test of endurance. Short bursts of progress, like moving to the Tideway, are not enough. Lasting change takes continued effort.

    The women’s Boat Race has come a long way, but the journey isn’t over. True equality will only be reached when women’s sport is valued on its own terms, rather than being compared to the men.

    With each race, these women are not just competing for victory on the water but also helping to shape a more equal future for sport. The tide may be turning, but the finishing line in the race for equality is still ahead.

    The authors do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. Gender equality at the Oxford-Cambridge Boat Race has further to go – https://theconversation.com/gender-equality-at-the-oxford-cambridge-boat-race-has-further-to-go-254111

    MIL OSI – Global Reports –

    April 11, 2025
  • MIL-OSI USA: Rep. Dina Titus Joins Legislation to Combat Organized Retail Theft

    Source: United States House of Representatives – Congresswoman Dina Titus (1st District of Nevada)

    Congresswoman Dina Titus (NV-1) joined Congressman Dave Joyce (OH-14) today in introducing the Combating Organized Retail Crime Act to target the rise in theft, fraud, and other organized crimes against retail stores and various components of the supply chain across America. This bipartisan, bicameral bill establishes a coordinated multi-agency response and creates new tools to tackle evolving trends in organized retail theft to combat these criminal operations.

    “By establishing a coordinated federal response, the Combating Organized Retail Crime Act would target the criminals who endanger consumers, local businesses, and transportation networks, along with the nefarious transnational groups that fund their operations,” said Congresswoman Titus. “This legislation will help law enforcement better pursue and prosecute these bad actors, while protecting businesses and saving consumer dollars.’

    “Businesses throughout my district are facing the burdens of a rise in organized retail crimes and fraud schemes that are sweeping the nation,” said Congressman Joyce. “These criminal organizations are not only harming small businesses and retailers in our communities, but are also putting American consumers at risk of violence and fraud. These crimes also have more widespread consequences for public safety, as these organized groups often resell stolen goods to finance other illicit activities, including drug and human trafficking operations. Our bipartisan, bicameral legislation will give law enforcement the tools they need to put a stop to these rampant crimes.”

    Congresswoman Titus joined six other members of the House in co-leading the legislation. Companion legislation has been introduced in the Senate by Sen. Chuck Grassley (R-IA) and Sen. Catherine Cortez Masto (D-NV).

    The Combating Organized Retail Crime Act is supported by the National Retail Federation, the Retail Industry Leaders Association, the Major County Sheriffs of America, Home Depot, UPS, the Intermodal Association of North America, the Association of American Railroads, the International Council of Shopping Centers,  the American Trucking Association, the Federal Law Enforcement Officers Association, the Reusable Packaging Association, DHL, the U.S. Dairy Export Council, the National Milk Producers Foundation, the Transportation Intermediaries Association, the PASS (Protect America’s Small Sellers) Coalition, the International Downtown Association, Amazon, the World Shipping Council, Pirate Ship, the National Shooting Sports Foundation, Walgreens Co., CVS Health, Kroger, Walmart, and Target.

    Background

    The Combating Organized Retail Crime Act would establish an Organized Retail and Supply Chain Crime Coordination Center within Homeland Security Investigations (HSI) at the Department of Homeland Security (DHS). This Coordination Center will allow increased collaboration between federal, state, and local law enforcement agencies, along with retail crime associations and subject matter experts, to create a cohesive strategy to combat these crimes and share valuable resources.

    According to the National Retail Federation, retail larceny incidents increased by 93 percent from 2019 to 2023, including a 90 percent increase in actual dollar loss. Stores lost $121.6 billion to retail theft in 2023, compared to $93.9 billion in 2021, $61.7 billion in 2019, and $46.8 billion in 2017. In 2023, 84 percent of retailers reported that violence and aggression were a greater concern than in 2022. At the same time, product manufacturers and the supply chain are experiencing a rise in organized cargo theft across rails, roads, and the various distribution points across the United States. CargoNet reported a 27 percent increase in cargo theft incidents in 2024 over 2023. These crimes are often orchestrated by organized groups that resell stolen goods through physical and online marketplaces, further fueling illicit profits and financing additional criminal enterprises. The Combating Organized Retail Crime Act seeks to address these challenges by enhancing legal frameworks, improving enforcement capabilities, and fostering coordination across federal, state, and local agencies. The legislation responds to the limitations of state-level efforts, which struggle with resource constraints and the interstate and international nature of organized retail and supply chain crime, and it aims to safeguard commerce, consumer confidence, and national security.

    MIL OSI USA News –

    April 11, 2025
  • MIL-OSI USA: Armstrong meets with President Trump, thanks him for executive orders supporting coal, energy stability

    Source: US State of North Dakota

    Gov. Kelly Armstrong today met with President Donald Trump at the White House, thanking him for the executive orders he signed Tuesday to lift burdensome Biden-era federal restrictions on coal-fired power plants and strengthen the reliability and security of the U.S. electric grid, and urging continued support for policies that support U.S. energy dominance and enhanced oil recovery.

    “North Dakota stands ready to partner with the Trump administration to roll back regulations and reset the national narrative on dispatchable energy from coal and natural gas to ensure that all Americans have access to reliable, affordable electricity,” Armstrong said. “We appreciate President Trump’s executive orders supporting baseload electricity and a stronger, more stable electric grid to serve our citizens, grow our economy and make America energy dominant.”

    Armstrong also met with members of the state’s congressional delegation before joining Trump and Secretary of the Interior Doug Burgum in congratulating and welcoming to the White House the North Dakota State University Bison football team, which won the national championship in January in the Football Championship Subdivision of NCAA Division I college football – the university’s 10th FCS national title in 14 seasons.

    MIL OSI USA News –

    April 11, 2025
  • MIL-OSI Canada: Royal Saskatchewan Museum Urban Wildlife Research Program Continues

    Source: Government of Canada regional news

    Released on April 10, 2025

    The Royal Saskatchewan Museum (RSM) is monitoring urban wildlife in and around Regina to study how wildlife responds to urbanization and which parts of the city provide important wildlife habitat. 

    Twenty-eight biodiversity monitoring stations have been set up over the last three years. They include motion-triggered trail cameras to monitor large mammals and automated microphones to record bird songs and bat calls. The monitoring stations are evenly distributed at locations in the middle of the city, on the edges and in more natural areas well outside the city boundaries. They are active for one-month periods in the spring, summer, fall and winter.

    “The Royal Saskatchewan Museum is not only an amazing museum – it is a centre for excellence when it comes to research,” Parks, Culture and Sport Minister Alana Ross said. “This is such a wonderful example of the innovative research taking place behind the scenes at the museum.”

    Some of the hot spots for wildlife activity include the Habitat Conservation Area in Wascana Park, AE Wilson Park and the old Craig Golf Course. 

    “Urban centres like Regina can provide valuable habitat for the conservation and management of wildlife,” RSM Curator of Vertebrate Zoology Dr. Ryan Fisher said. “This research helps us understand how different levels of urban development influence wildlife. So far, we detected 143 different bird species and 15 mammal species.” 

    Not surprisingly, American Robins and the Canada Goose were the most common birds they recorded. While the White-tailed Jackrabbit and Richardson’s Ground Squirrel were the most common mammals observed on their cameras.

    “Initial observations indicate no real impact from urbanization on the number of mammal species that we are seeing,” Dr. Fisher said. “This is likely because a lot of the mammals we observed around Regina are fairly well-adapted. Even in very urban areas such as the Regina Cemetery on 4th Avenue, we observed both deer and red fox.” 

    The rarest sighting for a mammal was an American Mink. Although they are well-known residents of the city, they are rarely seen. They also detected a couple of moose in Wascana Park, near the Wascana Country Club and SaskPolytech.

    Suburban sites had the highest diversity of birds, likely because of the mix of habitats available. However, certain species were found most often outside the city such as wetland and grassland birds. 

    Some notable audio recordings of birds include the Yellow Rail (a species of Special Concern), that was recorded near Wascana Country Club and a Black-billed Cuckoo, recorded near the Science Centre, which is an extremely rare sighting in Regina.

    “Regina supports a diverse wildlife community, especially in areas around Wascana Lake and Wascana Creek, but also in the various treed neighbourhoods, parks, and green spaces in the city,” Dr. Fisher said. “We will continue monitoring these same sites every few years to understand how wildlife is changing as Regina grows and expands.”

    Dr. Fisher reminds residents that if they do see the research equipment, please do not disturb it. 

    The Regina Urban Wildlife Project began in fall 2021 and is being done in conjunction with the University of Regina.

    To learn more about the Royal Saskatchewan Museum’s exhibits, events, programming and world class research, visit: royalsaskmuseum.ca. 

    -30-

    For more information, contact:

    MIL OSI Canada News –

    April 11, 2025
  • MIL-OSI Economics: World Expo: Getting ready as an exhibitor 

    Source: International Chamber of Commerce

    Headline: World Expo: Getting ready as an exhibitor 

    Share this:

    In recent years, World Expo organisers and pavilion hosts have designed immersive exhibition experiences and transported pioneering technology, like flying cars, across borders.  

    As the opening in Osaka approaches, preparations for a range of events, trade shows or global fairs in other corners of the world are underway. 

    Your guide to securing an ATA Carnet 

    If you are planning to temporarily import professional equipment, samples or exhibition materials for similar happenings, here’s everything you need to know to secure your ATA Carnet, your international customs documents for duty- and tax-free temporary import of goods. 

    Step 1: Planning and inventory check

    Start by making a detailed list of all the items needed for your presence at the World Expo or another global event—display stands, promotional materials, demo equipment and branded merchandise. 

    Check these guidelines to know whether your items are eligible for an ATA Carnet. ATA Carnets cover almost everything (except consumables and giveaways) including:  

    • goods for use at trade fairs, shows, exhibitions  
    • professional equipment  
    • commercial samples  
    • personal effects and goods for sports purposes 

    Step 2: Contacting your national ATA Carnet issuing body  

    • Find your national guaranteeing association, short NGA, through a simple online search. NGAs are authorised by your Customs administration and affiliated with the international guarantee chain managed by the International Chamber of Commerce. 
    • Get your Carnet application form and a list of requirements from your NGA. 
    • Check with your local chamber of commerce if info sessions to clarify the process are available. 

    Tip: If you plan to attend multiple trade fairs before and after the World Expo, confirm if the same Carnet could be used for multiple destinations. 

    Step 3: Submitting the ATA Carnet application  

    • Fill out the application with: 
      • A complete list of goods (with serial numbers, values and descriptions). 
      • Your planned entry and exit dates. 
      • A security (either a deposit, guarantee made by a bank or an insurance company depending on the rules of the issuing body. The security will be discharged upon your return if the temporary admission is regularised correctly). 
    • The issuing body processes your request within a few days and delivers your ATA Carnet to you. 

    Step 4: Shipping and pre-departure logistics  

    • Book a freight forwarder familiar with ATA Carnets to ensure smooth customs clearance. 
    • Add the Carnet document to your shipment paperwork and make multiple copies. 
    • Check the host country’s customs regulations to ensure compliance and avoid last-minute issues. Your freight forwarder might be able to help. 

    Step 5: Using the ATA Carnet at the border 

    • Upon arrival, present the Carnet document to local customs officials. 
    • They stamp the importation counterfoil and detach the importation voucher, allowing your goods to enter duty-free. 
    • After setting up your pavilion or booth, keep the Carnet in a secure place— you will need it again for re-export. 

    Step 6: Re-exporting and refund 

    • After the event, pack all your items and head to customs before leaving Japan. 
    • Present your Carnet to have the exit stamped—this confirms you re-exported everything as required. 
    • Once back home, return the Carnet to your issuing body and receive your security deposit refund. 

    In 2024, 204 224 ATA Carnets were issued worldwide, allowing goods worth $32 billion to pass through customs checkpoints – duty free and tax free for up to one year. Its efficiency was highlighted during the Paris 2024 Summer Olympics, when hundreds of thousands of pieces of equipment were imported for the Games using ATA Carnets.   

    As the one and only globally unified customs document, the ATA Carnet is the backbone of global events, trade shows, sports competitions and more, allowing smooth customs clearance of professional equipment without the need for a guarantee, bond, or cash deposit at borders. 

    Learn more about the ATA Carnet and find your local contact point in +80 countries and territories

    MIL OSI Economics –

    April 11, 2025
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