NewzIntel.com

Category: Trade

  • MIL-OSI China: Xi’s Southeast Asia tour to cement neighborly bond, bolster regional cooperation

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

    HONG KONG, April 13 — Chinese President Xi Jinping will visit Vietnam, Malaysia and Cambodia from Monday to Friday, marking his first overseas trip of the year. The journey underscores the emphasis China places on its Southeast Asian neighbors — partners bound not only by geographical proximity, but by decades of cooperation and mutual support.

    The visits aim to deepen ties and chart the course for future cooperation. From infrastructure to trade, China and its neighbors are aligning their modernization efforts. At each stop, the two sides will work together to strengthen political trust and expand practical cooperation.

    The trip reflects China’s broader vision of building a community with a shared future with its neighboring countries. In an era of global uncertainty, Asia’s unity, coupled with the promise of common development, presents a model of stability and progress.

    “CAMARADERIE PLUS BROTHERHOOD”

    In October 2024, the China-Vietnam Detian-Ban Gioc Waterfall cross-border tourism cooperation zone was officially launched. Tourists from both sides of the border can now leisurely walk through the streets that seamlessly blend Chinese and Vietnamese architectural styles, while enjoying the magnificent vista of the shared waterfall. This landmark project, China’s first cross-border tourism cooperation zone, stands as a testament to the strengthening of people-to-people ties between the two neighboring countries.

    This year marks the 75th anniversary of China-Vietnam diplomatic relations. From their early revolutionary struggles to their current modernization efforts, the two countries have forged a profound bond featuring “camaraderie plus brotherhood.”

    During Xi’s visit to the country in December 2023, bilateral ties were elevated to a China-Vietnam community with a shared future that carries strategic significance. Xi proposed the six major goals of “greater political mutual trust, more substantive security cooperation, deeper practical cooperation, more solid popular foundation, closer multilateral coordination and collaboration, and more proper management of differences.” That laid the groundwork for the vision of building a China-Vietnam community with a shared future.

    In August 2024, then Vietnamese President To Lam chose China as the destination for his first overseas visit only two weeks after being elected general secretary of the Communist Party of Vietnam Central Committee. During the visit, the two sides reaffirmed the six goals and emphasized joint efforts to advance shared development.

    Trade remains the engine of their relationship. China is Vietnam’s largest trading partner, and infrastructure links from rail to ports are expanding fast. Fruit from Vietnam frequents Chinese tables while Chinese raw materials and machinery fuel Vietnamese industry. The China-proposed Belt and Road Initiative (BRI) and Vietnam’s Two Corridors and One Economic Circle strategy are increasingly aligned.

    Under the strategic guidance of head-of-state diplomacy, Vietnam-China relations have developed rapidly in recent years, said Nguyen Thi Phuong Hoa, deputy director at the Institute of Chinese Studies of Vietnam Academy of Social Sciences. She expressed confidence that the profound friendship between the two countries will be passed down from generation to generation.

    FRIENDSHIP FORGED IN HISTORY

    At the Gombak station site along Malaysia’s East Coast Rail Link, cranes swing vigorously under the scorching sun while Chinese and Malaysian workers assemble steel girders together. This railway, slated for completion in 2027, stands as a prestigious project within the BRI cooperation framework. It will link Malaysia’s east and west coasts for the first time, emerging as a powerful symbol of the deepening partnership between these two nations.

    China-Malaysia ties run deep. From the voyages of renowned Chinese navigator Zheng He (1371-1433) to the establishment of diplomatic relations in 1974, the two countries have long enjoyed cultural affinity and strategic trust. During Xi’s 2013 visit, they upgraded ties to a comprehensive strategic partnership. A decade later, the relationship was elevated again to a China-Malaysia community with a shared future.

    Economic cooperation continues to thrive. China has maintained its position as Malaysia’s leading trading partner for 16 consecutive years. On top of that, bilateral initiatives like the “Two Countries, Twin Parks” program, which pairs industrial zones in Qinzhou and Kuantan, have emerged as a model for regional collaboration. This partnership has spurred the expansion of port collaboration and infrastructure connection. Furthermore, Malaysian fresh durians have been on sale in the Chinese market since last August, witnessing rising popularity among Chinese consumers.

    People-to-people exchanges are also flourishing. From international students to visa-free travel arrangements, cultural exchanges are growing deeper and more meaningful. Collaborative efforts now span a wide range of activities, from panda research to the joint pursuit of getting the lion dance recognized as a UNESCO intangible cultural heritage.

    With Malaysia serving as the 2025 chair of ASEAN and a BRICS partner country, the two countries are working more closely on regional cooperation, with an eye on stability and shared prosperity in a shifting global landscape.

    “The bilateral relationship between Malaysia and China is currently at its best,” said Dato’ Abdul Majid Ahmad Khan, president of the Malaysia-China Friendship Association and former Malaysian ambassador to China.

    IRONCLAD FRIENDSHIP

    Through towering pillars and glass walls, sunlight streams into Techo International Airport, evoking a tranquil ambiance reminiscent of standing beneath the sugar palm trees that dot the Cambodian landscape.

    Scheduled to commence operations in July, the new airport constructed by a Chinese company is expected to significantly enhance the tourism capacity of Cambodian capital Phnom Penh. This project marks yet another notable milestone in China-Cambodia cooperation within the framework of the BRI.

    China and Cambodia are ironclad friends who always support each other and stand together through thick and thin. Under the care of the leaders of both nations, the tree of China-Cambodia friendship has flourished, yielding a bountiful harvest of cooperation and mutual trust.

    The two countries have maintained frequent high-level exchanges and strategic communication. In September 2023, Cambodian Prime Minister Hun Manet visited China on his first official trip abroad after taking office. One month later, Hun Manet was in China again to attend the third Belt and Road Forum for International Cooperation.

    In December 2024, Cambodian People’s Party President and Senate President Samdech Techo Hun Sen visited China. Xi said in a meeting with Hun Sen that the ironclad friendship between China and Cambodia is of high quality, while Hun Sen described China as Cambodia’s most trusted friend.

    Under the strategic guidance of the leaders of the two countries, the building of a China-Cambodia community with a shared future has progressed into a new era characterized by high quality, high level and high standard.

    China has remained Cambodia’s biggest source of foreign investment and biggest trading partner for years. The China-Cambodia free trade agreement, along with the Regional Comprehensive Economic Partnership, has given a substantial boost to trade growth between the two nations.

    The two countries have seen frequent people-to-people exchanges. In 2024, various events were held to celebrate the China-Cambodia people-to-people exchange year, bringing tangible benefits to the two peoples.

    With the collaborative efforts of scholars from both countries, a new Khmer version of The Customs of Cambodia, an ancient Chinese travelogue that serves as a crucial source for studying Cambodia’s history, was released in April last year.

    Over the decades, Chinese experts have been working with their Cambodian peers in preserving and restoring Angkor temples to revive the invaluable treasures of Cambodia.

    Thong Mengdavid, a lecturer at the Institute for International Studies and Public Policy of the Royal University of Phnom Penh, said the deeply rooted Cambodia-China ties are rock-solid and unbreakable, serving as a paragon of South-South cooperation

    MIL OSI China News –

  • MIL-Evening Report: Top unis have imposed new restrictions on campus protests. What does this mean for students, staff and democracy?

    Source: The Conversation (Au and NZ) – By Joo-Cheong Tham, Professor, Melbourne Law School, The University of Melbourne

    A wave of restrictions on protesting has been rippling through Australia’s top universities.

    Over the past year, all of Australia’s eight top research universities (the Group of Eight) have individually increased restrictions on campus protests.

    The changes include bans on indoor protests and restrictions on banners, posters and student announcements. At some campuses, groups need to give notice or obtain university approval if they are going to protest.

    Why has this happened and what does it mean for protests, free speech and democracy at Australian universities?

    Why are university protests important?

    Over the past 60 years, campus protests have been a defining feature of Australian university life.

    In the 1960s and ‘70s, they were a breeding ground for social protest, including rallies against apartheid and the Vietnam War, and in favour of women’s rights. In more recent years, students have protested on key social, political and environmental issues, from university fees to the invasion of Iraq and climate action.

    This protest history feeds into the broader purposes of universities. Universities act as a modern-day “public square”. This means they are a place where ideas can be freely debated and difficult issues can be explored. In this way, they act as a key component of a free and healthy democracy.

    As Victorian university legislation notes, universities should promote

    critical and free enquiry, informed intellectual discourse and public debate within the University and in the wider society.

    Rally and draft burning by students at the University of Sydney in 1968.
    Image courtesy of the SEARCH Foundation, from the collections of the State Library of New South Wales., CC BY

    Restricting protests for campus safety

    Since early 2024, there have been increasing restrictions on campus protests.

    These come in the wake of the months-long encampments protesting the war in Gaza – and ensuing concerns over antisemitism at universities and campus safety.

    They have also coincided with increased public scrutiny over university governance. This includes accusations vice-chancellors are running a “lawless sector,” pointing to underpayment of staff, high levels of executive pay and criticism of the way some universities managed the protests.

    What have universities done?

    In this heightened context, universities have increased restrictions on campus protests, arguing they are needed for safety.

    Universities have taken various measures. For example, the University of Western Australia has restricted student announcements in class (or “lecture-bashing”).

    To ensure safety and wellbeing, student announcements are not permitted at the commencement of lectures or other teaching and learning activities.

    The University of Adelaide has banned student encampments and indoor protests.

    The changes across the Group of Eight mean students announcing a rally for climate action in class now risk disciplinary action at some universities. Sit-ins calling on universities to divest from weapon companies are no longer permitted at others. At some campuses, union members going to stop-work meetings to protest staff cuts could be engaging in employee misconduct.

    The legal basis of the restrictions

    Australian universities are typically set up under state legislation and through this have broad powers to regulate campus protests.

    They can impose obligations on students through university rules and direct their staff as employers. They can determine who is allowed to enter and remain on campus through their powers to manage land they either own or control.

    Universities in South Australia and Victoria also have powers under state legislation to make university statutes and regulations.

    The protest restrictions have relied on a mix of these powers.

    Could these changes be challenged?

    But these restrictions are also subject to enterprise agreements made under the federal Fair Work Act which protect academic and intellectual freedom. For example, the University of Sydney’s enterprise agreement entitles staff to:

    • express opinions about the operation of the university and higher education policy in general

    • express unpopular or controversial views, provided that in doing so staff must not engage in harassment, vilification or intimidation.

    There is also the implied right of freedom of political communication under the Australian Constitution.

    This means both the Fair Work Act and Constitution may provide grounds for a legal challenge to many of these new restrictions. The High Court has previously ruled restrictions on protest must be proportionate and necessary for preventing harm and damage.

    The protest restrictions also implicate various human rights. Under international law, which Australia has ratified, staff and students have freedom of expression and freedom of peaceful assembly. As workers, staff have freedom of association through trade unions, including the right to organise.

    Many of these measures would seem to restrict activities where there is no or little threat to safety. In some cases, there are arguably excessive and disproportionate means to ensure safety.

    What will happen now?

    Some university students, staff and unions have opposed these protest restrictions.

    But there is a balancing to be struck here. Other students and staff have not felt safe on campus and in class and have called for more safety protections. This has particularly been the case for those from Jewish backgrounds.

    Given the doubts over their legality, court challenges may be on the horizon. It is also possible some groups will actively test these restrictions.

    But we may see a chilling effect on university activism and protests, when individuals would otherwise speak their minds on campus. Some staff may be worried they will lose their jobs. Students may be also worried about academic penalties or expulsion and the impact on their future careers.

    This undermines universities as a place where people talk, debate and test ideas as a key part of the learning and research process – and a vital component of our democracy.

    Joo-Cheong Tham has been an employee of the University of Melbourne for more than two decades. During this time, he has participated in campus protests at the university that would now be banned by the university’s protest restrictions.

    He is the Victorian Division Assistant Secretary (Academic Staff) of the National Tertiary Education Union; a Fellow of the Academy of Social Sciences in Australia; a Director of the Centre for Public Integrity; and an Expert Network Member of Climate Integrity.

    Joo-Cheong has received funding from the Australian Research Council, the Australian Council of Trade Unions, European Trade Union Institute, International IDEA, the New South Wales Electoral Commission, the New South Wales Independent Commission Against Corruption and the Victorian Electoral Commission.

    – ref. Top unis have imposed new restrictions on campus protests. What does this mean for students, staff and democracy? – https://theconversation.com/top-unis-have-imposed-new-restrictions-on-campus-protests-what-does-this-mean-for-students-staff-and-democracy-253627

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI Economics: Secretary-General of ASEAN congratulates Ministry of Investment, Trade and Industry Week at World Expo 2025

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, congratulated Malaysia Pavilion on the successful launch of the Ministry of Investment, Trade, and Industry Week at the World Expo 2025 this afternoon. The event, led by Mr. Dato Hairil Yahri Yaacob, Secretary-General, Ministry of Investment, Trade and Industry of Malaysia.

    In his remark, SG Dr. Kao commended Malaysia’s leadership in driving key regional initiatives that will further enhance economic integration and in turn, advance ‘Inclusivity and Sustainability’ in line with its ASEAN chairmanship theme this year. 2025 symbolises Malaysia’s sixth participation in the World Expo.

    The post Secretary-General of ASEAN congratulates Ministry of Investment, Trade and Industry Week at World Expo 2025 appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Economics: Secretary-General of ASEAN meets with State Minister of Economy, Trade, and Industry of the Cabinet Office of Japan

    Source: ASEAN

    Secretary-General of ASEAN, Dr. Kao Kim Hourn, met with H.E. KOGA Yuichiro, State Minister of Economy, Trade, and Industry of the Cabinet Office of Japan, on the margins of the World Expo 2025. Both sides expressed their commitment to strengthen ASEAN-Japan economic relations, in line with objectives in the Comprehensive Strategic Partnership.

    The post Secretary-General of ASEAN meets with State Minister of Economy, Trade, and Industry of the Cabinet Office of Japan appeared first on ASEAN Main Portal.

    MIL OSI Economics –

  • MIL-OSI Global: U.S. tariffs are about to trigger the greatest trade diversion the world has ever seen

    Source: The Conversation – Canada – By Wolfgang Alschner, Hyman Soloway Chair in Business and Trade Law, L’Université d’Ottawa/University of Ottawa

    United States President Donald Trump’s tariffs have shaken the global trading system. Canadians have rightly been preoccupied by the tariff’s devastating impact on U.S.-Canada relations, but the wider ripple effects could prove just as damaging.

    The tariffs have redirected billions of dollars in exports originally bound for the U.S., which are now poised to flood global markets — including Canada’s. This will trigger a historic trade diversion that will put even the most free trade-minded nations to the test.

    Around 15 per cent of global imports went to the U.S. in 2024. The country has long been the world’s biggest consumer market, in part, due to its low average tariffs of just 3.3 per cent.

    These days are now over. On April 2, the U.S. increased its average tariff rate seven-fold to a staggering 22 per cent — by far the highest among countries with a major economy.



    Read more:
    Canada was mostly spared from Trump’s reciprocal tariffs, but it must not grow complacent

    Even though the U.S.’s “reciprocal” tariffs have since been suspended for all countries except China and Trump has now exempted smartphones, computers and microchips, a 10 per cent baseline rate and several sectoral duties remain in place.

    Together, they form a tariff wall around the U.S. unlike anything seen in generations.

    The Great Trade Diversion

    Much of the trade disruption stems from China. In 2024, China exported US$438.9 billion worth of goods to the U.S. Millions of parcels, sent via e-commerce platforms like Shein, entered the U.S. duty-free because they fell below the US$800 “de minimis” threshold.

    On April 2, Trump eliminated this exemption for low-value Chinese exports and imposed a reciprocal tariff on all Chinese imports of 34 per cent.

    This rate was increased further after China vowed to retaliate on April 4, and is now stacked on top of a 20 per cent fentanyl-related tariff. The result is an effective tariff rate exceeding 100 per cent, making it prohibitively costly for China to export to the U.S.

    Last time U.S.-China trade tensions escalated, China rerouted many of its exports through Southeast Asia. This time, however, Southeast Asian countries were hit hard, too.

    Vietnam, a major destination of Chinese export-oriented foreign investment, exported US$137 billion in goods to the U.S. in 2024. While the 46 per cent reciprocal tariff against Vietnam has since been suspended, the U.S. is unlikely to tolerate such circumvention this time around.

    The U.S. has also imposed a 25 per cent tariff on all imported automobiles. South Korea, Japan and Germany all export cars to the U.S. market. While some of these exports may continue as tariff costs are absorbed or passed on to customers, others will divert their vehicles to alternative markets.

    All told, billions of dollars in trade are being rerouted, with a tidal wave of diverted goods now headed for markets around the world.

    A repeat of the Great Depression

    The world has been here before. In the 1930s, the U.S. enacted the Smoot-Hawley Tariff Act, which raised tariffs on thousands of imported goods in an effort to shield American industries during the Great Depression. The result was a rapid contraction of global trade.

    What ultimately tipped the world over the edge wasn’t direct retaliation against the U.S. Instead, global trade collapsed as U.S. trading partners turned on each other. Faced with a flood of diverted goods, they rushed to protect their own manufacturing by enacting trade restrictions of their own.

    Similarly, today, we face a similar risk. The greater concern is not Trump’s tariffs themselves or even the retaliation they provoke, but rather the resulting trade diversion and wave of protectionism it can trigger.

    Old fears, new pressures

    In some respects, the world may be in a more precarious position today than it was in the early 1930s.

    For close to a decade, western policymakers, including G7 members, have sounded alarm bells over “Chinese overcapacity.” China consumes too little at home and exports too much abroad, often using unfair non-market practices such as covert subsidization to undercut local prices.

    Fears of deindustrialization have already led some governments to put new trade barriers in place. Canada, for example, placed a 100 per cent tariff on Chinese-made electric vehicles to protect its own nascent industry in 2024. A flood of diverted Chinese imports will only heighten these pre-existing concerns.

    At the same time, global trade rules meant to safeguard against protectionism have become brittle. The U.S. has blocked the appointment of judges to the World Trade Organization’s highest court, which is tasked with enforcing trade rules.

    The resulting impunity has emboldened countries beyond the U.S. to openly flout WTO rules. Indonesia, for example, continues to maintain a WTO-inconsistent export ban on nickel. Canada’s electric vehicle tariff will likely be judged illegal under trade rules as well.

    Global trade system at a crossroads

    The Great Trade Diversion is set to put an already strained system to the test. There is still time for countries to reaffirm their commitment to international trade rules. Those same rules also allow countries to temporarily restrict trade when faced with a flood of imports.

    The Canadian government can proactively identify sectors at risk of disruption and call on the Canada Border Services Agency to self-initiate investigations into vulnerable sectors to swiftly clear the procedural hurdles for imposing temporary import restrictions.

    If countries stick to these rules, the global trading system can weather the storm. Just as possible, though, is a slide toward protectionism. Faced with a deluge of goods coming from China, the temptation to erect illegal trade barriers like the U.S. already has will be high.

    The global economy stands at a crossroads: one path leads to a reassertion of international co-operation and global rules; the other to a cascade of protectionist measures and a weakening of the very system that has enabled decades of economic growth and stability.

    Wolfgang Alschner receives funding from the SSHRC.

    – ref. U.S. tariffs are about to trigger the greatest trade diversion the world has ever seen – https://theconversation.com/u-s-tariffs-are-about-to-trigger-the-greatest-trade-diversion-the-world-has-ever-seen-254049

    MIL OSI – Global Reports –

  • MIL-OSI China: China International Consumer Products Expo unveils tech-driven future

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

    HAIKOU, April 13 — A seamless integration of cutting-edge technologies into daily life is taking center stage at the ongoing fifth China International Consumer Products Expo (CICPE) in south China’s Haikou City, painting a vivid picture of a smarter, more interconnected future.

    Slated from April 13 to 18, this year’s expo features dedicated exhibition zones for groundbreaking innovations in artificial intelligence (AI) and low-altitude economy for the first time.

    Tech giants like Huawei and China Mobile are showcasing futuristic solutions. Huawei’s HarmonyOS ecosystem demonstrates cross-device synergy across “people, vehicles, and homes,” featuring AI-powered eye-tracking technology for hands-free e-book navigation.

    China Mobile’s smart home ecosystem includes quadruped robotic companions for elderly care and AI-driven home security systems.

    “AI is accelerating its integration into everyday scenarios. The expo is undoubtedly a major platform to showcase these advances,” said Zhan Wenyu, vice president of AI company iFLYTEK, which has participated in the expo for five consecutive years.

    The expo’s dedicated AI zone displays humanoid robots capable of complex tasks, such as dancing in traditional local Li ethnic brocade costumes or handling delicate objects.

    Tesla’s latest humanoid robot boasts enhanced mobility and tactile sensitivity, while the Ti5 Robot unveils breakthroughs in electric drive technology with lightweight joint modules and smart dexterous hands.

    Health and wellness technologies also claim a prominent spotlight. Continuous glucose monitors and light therapy glasses under various brands further spotlight the fusion of tech and well-being, while brain-computer interfaces highlight advancements in medical accessibility. Companies like SenseTime and Asus are presenting smart health ecosystems at the event.

    Brands like OSIM and Ogawa have debuted AI massage robots. Air Nutri Solution Inc., a Vancouver-based non-medicinal sleep solutions provider, introduces its “deep sleep cabin,” which uses charged particle waves to create immersive rest environments.

    The OSIM sees the expo as a key platform for engaging in meaningful conversations with global consumers, said Lin Xiaohui, deputy general manager of brand management and marketing of OSIM North Asia.

    Making its debut this year, the low-altitude economy zone showcases electric vertical takeoff and landing (eVTOL) aircraft, flying cars, and drones.

    Autonomous vehicles served expo attendees, offering driverless shuttles and cleaning services around key venues, providing a glimpse into smart city logistics.

    United Aircraft brought the TD550, which obtained the first type certificate for unmanned helicopters in China, to the exhibition. “China is entering an era of rapid development of the low-altitude economy,” said Zhou Xiaoyue, director of the firm’s public relations.

    “The Hainan Free Trade Port provides unprecedented opportunities for the innovation of the drone industry,” Zhou said, adding that the firm will work with global partners through the expo platform to promote the industrial implementation of the low-altitude economy.

    MIL OSI China News –

  • MIL-OSI Africa: Power drives global affairs today, not rules – what Africa’s strategies should be

    Source: The Conversation – Africa – By Kennedy Mbeva, Research Associate, University of Cambridge

    A new world order is emerging. The United States is no longer the sole force shaping global events; countries like China, Russia, India and the Gulf states are growing in influence.

    This shift has intensified global competition and made international cooperation more challenging. In today’s world, power, not rules, is the key driver of global affairs.

    What is Africa’s role? Drawing on our research, we argue that the continent should adopt a pragmatic strategy involving two elements. First, identifying issues suitable for collective action, like climate diplomacy and a seat at the UN security council. Second, recognising those that require regional or domestic policy, such as regional conflicts and trade agreements.

    We propose this approach because Africa is not a single state or supranational entity. A grand strategy is therefore impractical. Instead, our proposal accepts that some issues are best tackled collectively, while others may require regional or unilateral action.

    New doctrines are needed

    Countries could collectively adopt something like a “doctrine”, such as the Lagos Plan of Action (1980-2000). The plan outlines an ambitious goal of boosting Africa’s self-reliance through development and economic integration. Also, the Declaration of Monrovia of 1973, which emphasises the need for collective self-reliance. This was Africa’s contribution to the calls for a new international economic order at the end of the second world war. While these documents were developed to reflect the world at that time, they may serve as an inspiration for a new strategy that reflects the emerging new world order.

    The Monroe and Truman doctrines outlined how the US could secure its global dominance. Both highlight the power of well-defined principles in guiding strategy.

    African countries could adopt a new doctrine on how the continent can enhance its position in the emerging global order. The doctrine would present an opportunity for African countries to develop a clear and coherent strategy for effective engagement, appreciating the opportunities and limitations of the new world order. It should also appreciate the difficulty of coordinating diverse countries in the continent. This is possible by building on the spirit and legacy of Lagos and Monrovia strategies.

    Read more: African Union’s new chair has a long list of tough tasks – what it will take to get them done

    Seismic changes

    Geoeconomics, where security and economics influence geopolitics, is reshaping Africa.

    Concerns have been raised about the possible termination of the African Growth and Opportunity Act by the US administration. This legislation grants African countries preferential access to the US market.

    For their part, African countries established the Africa Continental Free Trade Agreement in 2018 to create a continental common market and reduce dependence on the global economic system.

    Yet Africa’s ambitious trade plans face threats from global shifts as well as internal dynamics. For example, the Trump administration has slammed high tariffs on virtually all trade partners, including African countries. Lesotho received the highest tariffs (50%) of all US trading partners. This might affect preferential access agreements such as the African Growth and Opportunity Act.

    Other major economies such as the EU and China are also exploring opportunities to conclude bilateral trade deals with African countries. These developments could undermine the goal of creating an exclusive continental market.

    Internal dynamics within the continent are also not stable. When Mali, Burkina Faso and Niger left the Economic Community of West African States (Ecowas) to form the Alliance of Sahel States in 2024, commentators blamed regional instability. We argue, however, that the breakup of Ecowas is a warning about the limits of integration.

    The fact that the Alliance for Sahel States is based on a security pact rather than economic integration highlights how extreme risks can reconfigure continental unity. For fragile states, securing political stability is necessary for economic integration. Security rather than economics is the primary policy concern for such states.

    Similar challenges arise in climate diplomacy. African countries, which have contributed least to global climate change, are pressured to assume greater responsibility with little international support. Yet they continue suffering its worsening impacts. At the same time, African states have received little of the international support necessary to support them to address climate action. Such support includes climate finance, technology transfer, and capacity building.

    African policymakers have responded creatively by making their national climate pledges under the Paris Agreement conditional on international support in finance, technology transfer and capacity-building. And they say initiatives to address climate change should also contribute to the broader goals of sustainable development.

    As we argue in a recently published book, this approach ensures that Africa can pursue sustainable development while contributing to the global climate effort. It also aligns with the continent’s long-standing emphasis on the development aspects of environmental politics.

    The solution

    Our suggestion is a simple, pragmatic concept: African countries should work together on some issues and act alone on others.

    Unlike the common African positions adopted through the African Union, this approach clearly lays out when cooperation is best and when countries should follow their own path. It offers a clear set of guiding principles such as the need for flexibility for cooperation and unilateral actions when consensus is unattainable. This can serve as a blueprint for future policies and help coordinate Africa’s diplomacy.

    This has several advantages. It’s simple and straightforward, recognises national differences while encouraging cooperation, and strengthens Africa’s voice and role on the global stage.

    A major challenge is getting all countries to agree on how flexibility should balance between consensus and unilateral action by African countries.

    But the strategy would acknowledge the need for flexibility to balance Africa’s ambition for greater global leadership. This must also be within the limits set by global and domestic realities.

    Read more: The African Union is weak because its members want it that way – experts call for action on its powers

    Looking forward

    As the world adjusts to a new global order where multilateralism is in decline and power politics dominate, Africa can take advantage of opportunities to shape global affairs and secure its collective policy goals. This can be done through its seat at the G20.

    But it requires a clear and coherent strategy.

    – Power drives global affairs today, not rules – what Africa’s strategies should be
    – https://theconversation.com/power-drives-global-affairs-today-not-rules-what-africas-strategies-should-be-251078

    MIL OSI Africa –

  • MIL-OSI United Kingdom: Increasing investment and trade

    Source: Scottish Government

    Trade mission to UAE to deliver new opportunities for Scottish businesses.

    Scotland will respond to the ongoing global economic uncertainty by highlighting its economic strengths and making clear it is open for business, Deputy First Minister Kate Forbes has said.

    Speaking ahead of a trade and investment visit to the United Arab Emirates (UAE), Ms Forbes promised the Scottish Government would do everything it could to promote trade and attract jobs and investment.  

    The Deputy First Minister is undertaking a three-day programme of engagements designed to build relations with the UAE Government and position Scotland as an investment destination.

    She will meet the UAE’s Minister for Investments and Minister of State for Foreign Trade. Alongside Scottish Enterprise, the Deputy First Minister is aiming to help a range of Scottish businesses to secure new export and investment opportunities.

    The visit coincides with the UAE’s first Scotland Week, a programme of business activity developed to showcase Scotland’s innovation and expertise across science and technology, the energy transition and food and drink.

    The Deputy First Minister said:

    “The global economic uncertainty we currently face makes it an imperative to send a message to the world that Scotland is open for business and to highlight our remarkable economic strengths.

    “While all the economic levers are not in our hands, what the Scottish Government can and will do is stand square behind Scottish business and help open the doors that will deliver jobs and increased investment.

    “That is why I will be in the UAE promoting Scottish companies and encouraging greater collaboration. Scotland’s unique strengths, expertise and innovation are recognised around the world, including in the UAE. This is an opportunity to build on that reputation and secure trade and investment opportunities to help the Scottish economy to prosper.”

    Background

    The Deputy First Minister will undertake a series of engagements in Dubai and Abu Dhabi from Tuesday 15 to Thursday 17 April. They will include:

    • Speaking at a Scotland Week reception hosted by the Abu Dhabi Chamber of Commerce
    • Meeting senior representatives of Mubadala, one of the world’s largest Sovereign Investment Funds
    • Speaking at a Scottish Food and Drink showcasing reception in Dubai (around £125 million of Scottish food and drink products are exported to UAE each year)
    • Taking part in a business roundtable with Scottish businesses and the UAE Ministry of Economy

    Scotland Week in the UAE was developed by the Scottish Government, Scottish Development International and the UAE Ministry of Economy. The programme will focus on science and technology, energy transition, food and drink, and investment

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Government cuts price of everyday items and summer essentials

    Source: United Kingdom – Government Statements

    Press release

    Government cuts price of everyday items and summer essentials

    The Government has cut prices on the imports of everyday essentials like spices and juices to boost economic growth.

    • Prices slashed on 89 foreign products – ranging from pasta, fruit juices and spices to plastics and gardening supplies – over next two years    

    • Cheaper imports will save businesses at least £17 million per year in a further bid to kickstart growth as part of the Plan for Change  

    • Savings could be passed onto families, mixologists and amateur gardeners through lower prices on everyday items and summer essentials 

    • UK committed to economic growth, business security and lower prices through free and open trade

    UK businesses and consumers could benefit from lower prices on imports of everyday essentials like spices and juices as the Government takes further action to make the UK the best place to do business and kickstart economic growth.  

    In a further demonstration of the government’s commitment to free trade and responding to business need, the UK Global Tariff will be temporarily suspended on 89 products saving UK businesses up and down the country at least £17 million a year.  

    The products include plywood and plastics, which are essential for construction – making life easier for chippies all over the country.

    Working in partnership with industry, the government has decided to suspend import tariffs on a whole range of products to lower costs for businesses, tariffs will now be cut to zero until July 2027.    

    The savings to businesses on products such as pasta, fruit juices, coconut oil and pine nuts could be passed onto consumers just in time for the summer season, meaning lower food prices in supermarkets, restaurants and pubs.  

    Products including agave syrup, often used in margaritas, and plant bulbs will also see tariffs removed meaning keen cocktail-makers and amateur gardeners could enjoy lowered costs as the warmer weather approaches. 

    These changes will support key growth sectors such as advanced manufacturing and clean energy to compete with international rivals, supporting the Government’s Industrial Strategy with the Plan for Change.  

    Business and Trade Secretary Jonathan Reynolds said: 

    Free and open trade grows economies, lowers prices and helps businesses to sell to the world, which is why we’re cutting tariffs on a range of products.  

    From food to furniture, this will reduce the cost of everyday items for businesses, with savings hopefully passed onto consumers. 

    As we face a new era of global trade, this government is going further faster to make Britain the best country to do business, delivering on our Plan for Change. These suspensions are just another example of that.

    Chancellor of the Exchequer Rachel Reeves said:   

    In a changing world we know families are anxious about the cost of living, and businesses uncertain about their future. That’s why we’ve announced lower prices on imports of everyday essentials – helping businesses to thrive and pass on savings to customers.

    Through our Plan for Change we’re supporting British business and putting more money in people’s pockets.

    The UK Global Tariff applies to goods entering the UK that do not qualify for preferential treatment under, for example, a free trade agreement.     

    Businesses across the UK apply for temporary suspensions on a regular basis by providing evidence of the benefits to themselves, their sector and the wider economy.  

    CBI Europe and International Director Sean McGuire: 

    In the face of an uncertain and unpredictable global trading environment, government should be commended for suspending import duties on an array of products. Measures like these will be important for reducing the financial pressures on firms and help to drive growth for businesses of all sizes across the country.

    The UK has already reduced tariffs on certain imported goods, benefitting British consumers with better choice, quality and prices on products like fruit juices from Peru and vacuum cleaners from Malaysia.   

    The Government is going further and faster in negotiating trade deals with partners including India, the Gulf Cooperation Council, South Korea and Switzerland which will unlock new opportunities for businesses, support jobs, and boost wages.    

    These measures come as the government acts swiftly to protect UK businesses and workers in a new era of global trade, through increasing flexibility on the zero emission vehicle (ZEV) mandate, cutting the red tape and bureaucracy that slows down clinical trials in the life sciences sector, investing up to £600 million in a new Health Data Research Service and backing a £30 million package to support the reopening of Doncaster Sheffield Airport which is expected to support 5,000 jobs and boost the economy by £5 billion.   

    Updates to this page

    Published 13 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI New Zealand: Celebrations as EIT Hawke’s Bay students graduate | EIT Hawke’s Bay and Tairāwhiti

    Source: Eastern Institute of Technology – Tairāwhiti

    1 day ago

    There was a strong sense of celebration in Napier today as 300 EIT students marked the end of their study journey.

    Two ceremonies were held at the Napier Municipal Theatre on Friday (April 11), with whānau, friends and supporters gathering to mark the occasion. In total, EIT awarded 2,241 diplomas, degrees and postgraduate qualifications to Hawke’s Bay-based learners who finished their studies last year.

    The morning ceremony recognised graduates from the Centre for Veterinary Nursing, IDEAschool, Te Ūranga Waka, and the Schools of Education and Social Sciences, Primary Industries, Tourism and Hospitality, Trades and Technology, and Viticulture and Wine Science.

    A graduation parade through Napier’s city centre followed, with students, staff, and supporters cheered on by the community.

    In the afternoon, students from the Schools of Business, Computing, Health and Sport Science, and Nursing were celebrated.

    Valedictorians Elijah Rogers and Kayla Hughes delivered heartfelt speeches reflecting on their time at EIT. Olympian Nigel Avery was the special guest speaker, and Tukituki MP Catherine Wedd was also in attendance.

    EIT Interim Operations Lead Glen Harkness congratulated all those who graduated.

    “It’s always a proud moment to see our students cross the stage. Graduation is the result of hard work, focus, and a real commitment to learning. Each of our graduates can feel proud of what they’ve achieved.”

    He also acknowledged the role of EIT staff.

    “Our lecturers and tutors are passionate about supporting student success. These ceremonies are a reflection of their dedication and the high-quality programmes we continue to offer across the board. We have no doubt that these graduates’ futures look bright.”

    Graduation ceremonies were also held in March for EIT’s Tairāwhiti and Auckland students.

    MIL OSI New Zealand News –

  • MIL-OSI Asia-Pac: ‘HK remains free port in stormy times’

    Source: Hong Kong Information Services

    Financial Secretary Paul Chan

    Allow me to take a moment to highlight why Hong Kong is the ideal strategic destination for innovation and technology businesses.

    In addition to our world-class infrastructure and business-friendly environment mentioned by Margaret (Trade Development Council Executive Director Margaret Fong), Hong Kong’s “one country, two systems” arrangement has set us apart from any other city in Asia. To name just a few of our unique strengths, we have:

    – first, convenient access to the vast Chinese Mainland and Asian markets;

    – second, a trusted common law system and strong intellectual property protection;

    – third, the convergence of Mainland and international data and capital; and

    – fourth, a thriving international talent pool that attracts and nurtures the top minds from around the world.

     

    These strengths have made Hong Kong a premier launch-pad for companies looking to scale up their business in Asia and beyond.

     

    Today, we are home to over 4,700 startups, and 28% of their founders come from outside the city. For a glimpse of this dynamism, I encourage you to visit InnoEX, which showcases the ingenuity of our startups and talent, with groundbreaking innovations ranging from AI and robotics to green tech, smart mobility, and much more.

     

    Hong Kong’s appeal extends beyond these. We offer a comprehensive funding ecosystem, spanning angel investments, venture capital and private equity, to one of the world’s deepest and most liquid stock markets. Besides, together with Greater Bay Area cities like Shenzhen and Guangzhou, we offer you a vibrant ecosystem that caters to the needs of innovative companies from different sectors and different stages of development. In fact, we have been ranked the world’s second most innovative cluster for five consecutive years.

     

    Ladies and gentlemen, we gather at a pivotal moment. We are witnessing a shifting global landscape marked by a daunting trade war and technological fragmentation. Trade patterns, industrial chain, supply chains and partnerships are being reshaped. In this “new normal”, many businesses will have to find new collaborators, explore untapped markets and embrace more agile business models.

     

    In these turbulent times, Hong Kong remains open and welcoming to businesses and talent from all over the world. We are eager to establish new connections and forge new partnerships. These are in our DNA. Rest assured that our free port status and free trade policy remain unshaken. We are firm in our commitment to the free flow of capital, goods, talent and information.

     

    Let me conclude by extending my gratitude to my government colleagues, the HKTDC, and all the exhibitors and partners who have brought the BIT Week to life. To our visitors: beyond networking and conducting business, please take some time to explore this vibrant city, not just our scenic hills, stunning coastlines and beautiful outlying islands, but also the 200+ Michelin-recommended restaurants. We impose no duty on wine. Coldplay was performing in our world-class Kai Tak Stadium. The Palace Museum and M+ museum are just across the harbour.

     

    I am sure you will enjoy the city, and wish you all the best of business and health for the time ahead.

     

    Financial Secretary Paul Chan made these remarks at the BIT Week 2025’s opening ceremony on April 13.

    MIL OSI Asia Pacific News –

  • MIL-OSI Global: Power drives global affairs today, not rules – what Africa’s strategies should be

    Source: The Conversation – Africa – By Kennedy Mbeva, Research Associate, University of Cambridge

    A new world order is emerging. The United States is no longer the sole force shaping global events; countries like China, Russia, India and the Gulf states are growing in influence.

    This shift has intensified global competition and made international cooperation more challenging. In today’s world, power, not rules, is the key driver of global affairs.

    What is Africa’s role? Drawing on our research, we argue that the continent should adopt a pragmatic strategy involving two elements. First, identifying issues suitable for collective action, like climate diplomacy and a seat at the UN security council. Second, recognising those that require regional or domestic policy, such as regional conflicts and trade agreements.

    We propose this approach because Africa is not a single state or supranational entity. A grand strategy is therefore impractical. Instead, our proposal accepts that some issues are best tackled collectively, while others may require regional or unilateral action.

    New doctrines are needed

    Countries could collectively adopt something like a “doctrine”, such as the Lagos Plan of Action (1980-2000). The plan outlines an ambitious goal of boosting Africa’s self-reliance through development and economic integration. Also, the Declaration of Monrovia of 1973, which emphasises the need for collective self-reliance. This was Africa’s contribution to the calls for a new international economic order at the end of the second world war. While these documents were developed to reflect the world at that time, they may serve as an inspiration for a new strategy that reflects the emerging new world order.

    The Monroe and Truman doctrines outlined how the US could secure its global dominance. Both highlight the power of well-defined principles in guiding strategy.

    African countries could adopt a new doctrine on how the continent can enhance its position in the emerging global order. The doctrine would present an opportunity for African countries to develop a clear and coherent strategy for effective engagement, appreciating the opportunities and limitations of the new world order. It should also appreciate the difficulty of coordinating diverse countries in the continent. This is possible by building on the spirit and legacy of Lagos and Monrovia strategies.



    Read more:
    African Union’s new chair has a long list of tough tasks – what it will take to get them done

    Seismic changes

    Geoeconomics, where security and economics influence geopolitics, is reshaping Africa.

    Concerns have been raised about the possible termination of the African Growth and Opportunity Act by the US administration. This legislation grants African countries preferential access to the US market.

    For their part, African countries established the Africa Continental Free Trade Agreement in 2018 to create a continental common market and reduce dependence on the global economic system.

    Yet Africa’s ambitious trade plans face threats from global shifts as well as internal dynamics. For example, the Trump administration has slammed high tariffs on virtually all trade partners, including African countries. Lesotho received the highest tariffs (50%) of all US trading partners. This might affect preferential access agreements such as the African Growth and Opportunity Act.

    Other major economies such as the EU and China are also exploring opportunities to conclude bilateral trade deals with African countries. These developments could undermine the goal of creating an exclusive continental market.

    Internal dynamics within the continent are also not stable. When Mali, Burkina Faso and Niger left the Economic Community of West African States (Ecowas) to form the Alliance of Sahel States in 2024, commentators blamed regional instability. We argue, however, that the breakup of Ecowas is a warning about the limits of integration.

    The fact that the Alliance for Sahel States is based on a security pact rather than economic integration highlights how extreme risks can reconfigure continental unity. For fragile states, securing political stability is necessary for economic integration. Security rather than economics is the primary policy concern for such states.

    Similar challenges arise in climate diplomacy. African countries, which have contributed least to global climate change, are pressured to assume greater responsibility with little international support. Yet they continue suffering its worsening impacts. At the same time, African states have received little of the international support necessary to support them to address climate action. Such support includes climate finance, technology transfer, and capacity building.

    African policymakers have responded creatively by making their national climate pledges under the Paris Agreement conditional on international support in finance, technology transfer and capacity-building. And they say initiatives to address climate change should also contribute to the broader goals of sustainable development.

    As we argue in a recently published book, this approach ensures that Africa can pursue sustainable development while contributing to the global climate effort. It also aligns with the continent’s long-standing emphasis on the development aspects of environmental politics.

    The solution

    Our suggestion is a simple, pragmatic concept: African countries should work together on some issues and act alone on others.

    Unlike the common African positions adopted through the African Union, this approach clearly lays out when cooperation is best and when countries should follow their own path. It offers a clear set of guiding principles such as the need for flexibility for cooperation and unilateral actions when consensus is unattainable. This can serve as a blueprint for future policies and help coordinate Africa’s diplomacy.

    This has several advantages. It’s simple and straightforward, recognises national differences while encouraging cooperation, and strengthens Africa’s voice and role on the global stage.

    A major challenge is getting all countries to agree on how flexibility should balance between consensus and unilateral action by African countries.

    But the strategy would acknowledge the need for flexibility to balance Africa’s ambition for greater global leadership. This must also be within the limits set by global and domestic realities.



    Read more:
    The African Union is weak because its members want it that way – experts call for action on its powers

    Looking forward

    As the world adjusts to a new global order where multilateralism is in decline and power politics dominate, Africa can take advantage of opportunities to shape global affairs and secure its collective policy goals. This can be done through its seat at the G20.

    But it requires a clear and coherent strategy.

    Dr Kennedy Mbeva receives funding from the Grantham Foundation for the Protection of the Environment

    Reuben Makomere receives funding from University of Cambridge – Centre for the Study of Existential Risk (CESR)

    – ref. Power drives global affairs today, not rules – what Africa’s strategies should be – https://theconversation.com/power-drives-global-affairs-today-not-rules-what-africas-strategies-should-be-251078

    MIL OSI – Global Reports –

  • MIL-OSI China: SCO dialogue partners eye deeper cooperation with China at investment event

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

    TIANJIN, April 12 — At a recent investment promotion event in north China’s Tianjin Municipality, Turkish businessman Mehmet Sahin was seen exchanging business cards with entrepreneurs from Shanghai Cooperation Organization (SCO) member countries.

    “I really appreciate attending this event,” said Sahin, vice president of global purchasing and logistics at Hattat Holding A.S., a Turkish company engaged in energy, automotive, agricultural and real estate development. He noted his assurance that the event would help him meet with potential Chinese and Russian investors and cooperation partners.

    The China-SCO Sustainable Development Industrial Investment Promotion Event, which concluded on Friday, saw Sahin’s company engage in negotiations with the China Coal Technology & Engineering Group to explore investment opportunities in potential coal-cleaning projects.

    Broader cooperation with Chinese enterprises is also underway in sectors such as engine assembly, production and sales, as well as wind power generation, according to Sahin.

    “This event has been a good start, and the upcoming SCO summit will further promote mutual understanding and future planning among all participating countries,” he said.

    China will host an SCO summit in Tianjin this autumn. Among the summit’s advance events, the promotional event Sahin attended has brought fresh momentum to economic and trade cooperation between China and SCO member states, observer states and dialogue partners.

    Türkiye, Sri Lanka, Egypt, the United Arab Emirates (UAE) and Saudi Arabia were among the participating SCO dialogue partners.

    During the event, the China-Egypt TEDA Suez Economic and Trade Cooperation Zone disclosed significant progress.

    The Tianjin TEDA Electric Power Company announced a partnership with SCZone Utilities S.A.E., and revealed that the China-Africa TEDA Investment Co., Ltd., which developed the cooperation zone, will build a 200-megawatt substation.

    This critical infrastructure project aims to resolve power supply constraints for major projects in the cooperation zone, lower business costs for enterprises while drawing in premium investors, and accelerate industrial clustering in the zone, according to Wang Weihua, general manager of the Tianjin TEDA Electric Power Company.

    Established in 2008, the zone has become Egypt’s most competitive industrial hub, serving as a benchmark of China-Egypt cooperation.

    “Tianjin TEDA is one of our best partners,” said Ahmed Salaheldin Abdelfattah Elhomosani, general manager of SCZone Utilities S.A.E., noting that the cooperation zone has attracted a significant amount of investment.

    Trade between China and SCO member states, observer states and dialogue partners came in at a record high of 890 billion U.S. dollars in 2024, accounting for approximately 14.4 percent of China’s total foreign trade that year, according to official statistics.

    MIL OSI China News –

  • MIL-OSI: XRP News: Only 9 Days Left as XploraDEX $XPL Presale Enters Countdown Phase – Last Chance to Join XRP’s Smartest DeFi Launch

    Source: GlobeNewswire (MIL-OSI)

    ZURICH, Switzerland, April 12, 2025 (GLOBE NEWSWIRE) — The clock is ticking, and the window is closing. With just 9 days left before the XploraDEX $XPL presale officially ends, crypto investors across the XRP ecosystem are making their final moves to lock in what could be the most promising DeFi launch of 2025.

    XploraDEX isn’t just another decentralized exchange, it’s the first AI-powered trading platform on XRPL, designed to give every trader the advantage of predictive analytics, intelligent automation, and precision execution. With over 44% of the presale already sold and momentum accelerating, this is the final opportunity to secure $XPL at presale prices before listings go live.

    Buy $XPL Tokens

    What’s the Buzz About?

    XploraDEX is turning heads for a reason. The platform combines lightning-fast XRPL infrastructure with cutting-edge AI tools. Traders can predict market trends in real time, execute automated strategies, receive adaptive risk alerts, and monitor personalized dashboards that adjust to their trading behavior. This isn’t just a place to swap tokens—it’s an intelligent platform that helps users trade smarter with every move.

    Participate in $XPL Presale

    Why You Need to Act Now

    With only 9 days remaining, the $XPL presale is entering its most critical and competitive phase. Investors who miss out now will not only lose access to the lowest token prices—they’ll miss the chance to gain higher staking yields, VIP access to the beta version of the AI dashboard, and a seat at the table when major governance decisions are made. XploraDEX is also granting early adopters front-row access to launchpad token sales and exclusive trading modules available only to $XPL holders.

    The Final Phase Is Here

    Once the $XPL PreSale ends, $XPL will be listed on major XRPL-based decentralized exchanges at a higher price point. Platform rollouts, staking programs, and AI feature deployments will follow immediately—giving early investors a clear edge. This is your last chance to be part of the protocol’s foundation and share in the upside as adoption accelerates.

    If you’ve been watching XploraDEX rise from concept to presale success, this is your final call to join the ranks of first movers. There are just 9 days left before this door closes—and based on current momentum, the final allocation won’t last that long.

    Join the $XPL Presale Now: https://xploradex.io

    Stay connected and Join the XploraDEX AI Revolution

    Website | $XPL Token Presale | X | Telegram

    Contact:
    Oliver Muller
    oliver@xploradex.io
    contact@xploradex.io

    Disclaimer: This press release is provided by the XploraDEX. 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/c86b1831-8dd5-4a26-a70e-33ad01e0af0a

    The MIL Network –

  • MIL-OSI USA: Clarification of Exceptions Under Executive Order 14257 of April 2, 2025, as Amended

    US Senate News:

    Source: The White House
    MEMORANDUM FOR THE SECRETARY OF STATE
    THE SECRETARY OF THE TREASURY
    THE SECRETARY OF COMMERCE
    THE SECRETARY OF HOMELAND SECURITY
    THE UNITED STATES TRADE REPRESENTATIVE
    THE ASSISTANT TO THE PRESIDENT FOR ECONOMIC POLICY
    THE ASSISTANT TO THE PRESIDENT FOR NATIONAL SECURITY AFFAIRS
    THE SENIOR COUNSELOR TO THE PRESIDENT FOR TRADE AND MANUFACTURING
    THE CHAIR OF THE UNITED STATES INTERNATIONAL TRADE COMMISSION 
    SUBJECT:       Clarification of Exceptions Under Executive
    Order 14257 of April 2, 2025, as Amended 
    In Executive Order 14257 of April 2, 2025 (Regulating Imports With a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits), I declared a national emergency arising from conditions reflected in large and persistent annual U.S. goods trade deficits, and imposed additional ad valorem duties that I deemed necessary and appropriate to deal with that unusual and extraordinary threat, which has its source in whole or substantial part outside the United States, to the national security and economy of the United States.
    In Executive Order 14257, I stated that certain goods are not subject to the ad valorem rates of duty under that order.  One of those excepted products is “semiconductors.”  The subsequent orders issued in connection with Executive Order 14257 — i.e.,  Executive Order 14259 of April 8, 2025 (Amendment to Reciprocal Tariffs and Updated Duties as Applied to Low-Value Imports from the People’s Republic of China), and the Executive Order of April 9, 2025 (Modifying Reciprocal Tariff Rates to Reflect Trading Partner Retaliation and Alignment), (Subsequent Orders) — incorporate the exceptions in Executive Order 14257, including for “semiconductors.”
    That term’s meaning includes the products classified in the following headings and subheadings of the Harmonized Tariff Schedule of the United States (HTSUS):
    ·       8471
    ·       847330
    ·       8486
    ·       85171300
    ·       85176200
    ·       85235100
    ·       8524
    ·       85285200
    ·       85411000
    ·       85412100
    ·       85412900
    ·       85413000
    ·       85414910
    ·       85414970
    ·       85414980
    ·       85414995
    ·       85415100
    ·       85415900
    ·       85419000
    ·       8542
    To the extent that the HTSUS does not currently fully reflect the products listed above as excepted from the ad valorem duties imposed under Executive Order 14257 and the Subsequent Orders, the HTSUS shall be modified by inserting in numerical order the headings and subheadings listed above into subdivision (v)(iii) of U.S. note 2 to subchapter III of chapter 99, effective as of 12:01 a.m. eastern daylight time on April 5, 2025.  Any duties that were collected at or after 12:01 a.m. eastern daylight time on April 5, 2025, pursuant to Executive Order 14257 and the Subsequent Orders, on imports that are excepted under Executive Order 14257 and the Subsequent Orders because they are “semiconductors,” as explained in this memorandum, shall be refunded in accordance with U.S. Customs and Border Protection’s standard procedures for such refunds.
    As explained in Executive Order 14257 and the Subsequent Orders, the Secretary of Commerce and the United States Trade Representative, in consultation with the Secretary of State, the Secretary of the Treasury, the Secretary of Homeland Security, the Assistant to the President for Economic Policy, the Assistant to the President for National Security Affairs, the Senior Counselor to the President for Trade and Manufacturing, and the Chair of the United States International Trade Commission, are authorized to employ all powers granted to the President by the International Emergency Economic Powers Act (50 U.S.C. 1701 et seq.) as may be necessary to implement Executive Order 14257 and the Subsequent Orders.  Measures taken to implement Executive Order 14257 and the Subsequent Orders shall be done in accordance with this memorandum.
                                  DONALD J. TRUMP

    MIL OSI USA News –

  • MIL-OSI: BexBack Launches New Promotional Packages: 100x Leverage, $50 Bonus, and No KYC for Crypto Traders

    Source: GlobeNewswire (MIL-OSI)

    SINGAPORE, April 12, 2025 (GLOBE NEWSWIRE) — As Bitcoin continues to trade below $85,000 and analysts predict that the crypto market will remain volatile, holding spot positions may not generate short-term profits. Recent economic shifts, including policy announcements such as President Trump’s tariff decisions, have brought some stabilization, but the volatility remains. For investors seeking to maximize returns in these uncertain times, BexBack Exchange offers a powerful solution. With 100x leverage, a 100% deposit bonus, and a $50 welcome bonus for new users, BexBack empowers traders to seize market opportunities. And with no KYC requirements, it provides a seamless and efficient way to trade.

    What Is 100x Leverage and How Does It Work?

    Simply put, 100x leverage allows you to open larger trading positions with less capital. For example:

    Suppose the Bitcoin price is $60,000 that day, and you open a long contract with 1 BTC. After using 100x leverage, the transaction amount is equivalent to 100 BTC.

    One day later, if the price rises to $63,000, your profit will be (63,000 – 60,000) * 100 BTC / 60,000 = 5 BTC, a yield of up to 500%.

    With BexBack’s deposit bonus

    BexBack offers a 100% deposit bonus. If the initial investment is 2 BTC, the profit will increase to 10 BTC, and the return on investment will double to 1000%.

    Note: Although leveraged trading can magnify profits, you also need to be wary of liquidation risks.

    How Does the 100% Deposit Bonus Work?
    The deposit bonus from BexBack cannot be directly withdrawn but can be used to open larger positions and increase potential profits. Additionally, during significant market fluctuations, the bonus can serve as extra margin, effectively reducing the risk of liquidation.

    About BexBack?

    BexBack is a leading cryptocurrency derivatives platform that offers 100x leverage on BTC, ETH, ADA, SOL, XRP, and more than 50 other major altcoins. Headquartered in Singapore, with offices in Hong Kong, Japan, the United States, the United Kingdom, and Argentina, BexBack holds a US MSB (Money Services Business) license and is trusted by over 500,000 traders worldwide. The platform accepts users from the United States, Canada, and Europe, and offers no deposit fees, along with exceptional customer service, including 24/7 support.

    Why recommend BexBack?

    No KYC Required: Start trading immediately without complex identity verification.

    100% Deposit Bonus: Double your funds, double your profits.

    High-Leverage Trading: Offers up to 100x leverage, maximizing investors’ capital efficiency.

    Demo Account: Comes with 10 BTC in virtual funds, ideal for beginners to practice risk-free trading.

    Comprehensive Trading Options: Feature-rich trading available via Web and mobile applications.

    Convenient Operation: No slippage, no spread, and fast, precise trade execution.

    Global User Support: Enjoy 24/7 customer service, no matter where you are.

    Lucrative Affiliate Rewards: Earn up to 50% commission, perfect for promoters.

    Take Action Now—Don’t Miss Another Opportunity!

    If you missed the previous crypto bull run, this could be your chance. With BexBack’s 100x leverage and 100% deposit bonus and $50 bonus for new users (complete one trade within one week of registration), you can be a winner in the new bull run.

    Sign up on BexBack now, claim your exclusive bonus and start accumulating more BTC today!

    Website: www.bexback.com

    Contact: business@bexback.com

    Contact:
    Amanda
    business@bexback.com

    Disclaimer: This content is provided by BexBack 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.

    Photos accompanying this announcement are available at
    https://www.globenewswire.com/NewsRoom/AttachmentNg/29ad5549-25cd-4fa8-b2d2-4d3efcb6706e

    https://www.globenewswire.com/NewsRoom/AttachmentNg/7a2149fa-fed5-43dd-8c42-87c12b1d02c0

    https://www.globenewswire.com/NewsRoom/AttachmentNg/a4231dec-3cbd-4169-98ac-18c6e57e5a26

    https://www.globenewswire.com/NewsRoom/AttachmentNg/5b9d1109-efe3-44d9-8d19-9bf66cbbc3fc

    The MIL Network –

  • MIL-OSI United Kingdom: Business and Trade Secretary steel statement

    Source: United Kingdom – Executive Government & Departments

    Oral statement to Parliament

    Business and Trade Secretary steel statement

    Opening remarks from the Business and Trade Secretary in the House of Commons.

    Mr Speaker we meet under exceptional circumstances to take exceptional action in what are exceptional times.

    Our request to recall Parliament was not one we have made lightly. And I am grateful, genuinely grateful, to Honourable members on all sides of this House for their cooperation and for being here today as we seek to pass emergency legislation that is unequivocally in our national interest.

    I would also like to particularly thank the staff here in Parliament for facilitating today.

    I would like to thank the Prime Minister, the Chancellor and the Home Secretary for their support.

    Indeed, the only reason we can take this action today is because of the restoration of economic stability and the dedicated resources for steel in the last Budget.

    I would like to recognise my honourable friend for Scunthorpe and the honourable member for Brigg and Immingham and for all my honourable friends from Teesside for their advocacy and engagement on behalf of their constituents throughout this matter.

    As honourable members will know, since taking office this government has been negotiating in good faith with British Steel’s owners, Jingye.

    We have worked tirelessly to find a way forward, making a generous offer of support to British Steel that included sensible, common sense conditions to protect the workforce, to protect taxpayers’ money, and create a commercially viable company for the future.

    Despite our offer to Jingye being substantial, they wanted much more, frankly, an excessive amount.

    We did, however, remain committed to negotiation. But over the last few days, it became clear that the intention of Jingye was to refuse to purchase sufficient raw materials to keep the blast furnaces running.

    In fact, their intention was to cancel and refuse to pay for existing orders.

    The company would therefore have irrevocably and unilaterally closed down primary steel making at British Steel.

    Now I want to make absolutely clear that separate to any conversation about a possible deal to co-invest in new facilities, the British Government offered to purchase raw materials in a way that would have ensured no losses whatsoever for Jingye in maintaining the blast furnaces for a period of time.

    A counter offer was instead made by Jingye for us to transfer hundreds of millions of pounds to them without any conditions to stop that money, and potentially other assets, being immediately transferred to China.

    They also refused a condition to keep the blast furnaces maintained and in good working order.

    Now even if I had agreed to these terms, I could not guarantee that further requests for money would not then be made.

    In this situation, with the clock being run down, doing nothing was not an option.

    We could not, will not, and never will, stand idly by while heat seeps from the UK’s remaining blast furnaces without any planning, any due process, or any respect for the consequences.

    And that is why I needed colleagues here today.

    • Verbatim readout of opening statement delivered to the House of Commons on Saturday 12th April 2025

    Updates to this page

    Published 12 April 2025

    MIL OSI United Kingdom –

  • MIL-OSI USA: ICYMI: SCHNEIDER PRESSES TRUMP TRADE ADVISOR ON TRADE WAR

    Source: United States House of Representatives – Representative Brad Schneider (D-IL)

    Rep. Schneider: Did you expect the so-called Liberation Day to become Liquidation Week?

     

    Click to watch

    WASHINGTON – Rep. Brad Schneider (IL-10), a member of the House Ways & Means Committee, grilled U.S. Trade Representative Jamieson Greer at a Ways & Means Committee hearing on the Trump Administration’s 2025 trade policy agenda.

    “Amb. Greer, yes or no: didn’t Israel zero out all tariffs on US products before President Trump announced his across the board tariffs on April 2nd? [Greer Responds]

    Yet the President still imposed 17% tariffs on Israel. 

    Amb. Greer, what’s our trade balance with the elephant and fur seals, petrels, albatrosses and penguins living on Heard and McDonald Islands?[Greer Responds]

    Yet the president has imposed specific tariffs on the Heard and McDonald Islands, while not taking any action against Russia, Belarus, North Korea or Cuba.

    I don’t want to disappoint my mom and my wife and have them yell and me but Mr. Greer, I am going to say what I think almost everyone is thinking…WTF?

    What’s the president thinking?

    What did he, and you, think was going to happen after unilaterally declaring a global trade war?

    Did you expect the so called “Liberation Day” to become “Liquidation Week,” destroying more than $10 trillion of value and moving us from an extended Bull Market to a self-induced Bear?

    Did you intentionally plan to decimate Americans’ retirement accounts and 529 accounts for their kids’ education? 

    Did you and the President anticipate raising prices for American families already struggling to make ends meet?

    Did you mean to make American businesses less, not more competitive in global markets?

    Was the intention, with the largest tax increase in U.S. history, to put the United States, and maybe the entire global economy into a recession because of what the Wall Street Journal editorial board, let me repeat that, the Wall Street Journal editorial board, said is “the dumbest trade war in history.”

    Already Diane Swonk, the chief economist of KPMG, is saying that her baseline forecast is a recession starting this quarter.

    Jamie Dimon and JP Morgan, raised their probability of recession to 79%

    WSJ reports that betting markets have it a 70%

    Goldman Sachs recently raised their likelihood the second increase since last Wednesday to 45%. Expect them to raise it again. 

    Indeed, by the time you finish talking today we may already be in a recession.

    Less than a week after President Trump’s declaration of the largest sales tax in U.S. history, global markets continue roil as a result of tariff-based recession fears. The President’s newly imposed tariffs have real world impacts for every one of my constituents, who will see higher prices at the grocery store, shortages of critical products, and less money in their retirement accounts and their accounts for their kids’ education. 

    American families deserve relief. But instead, thanks to President Trump, they’re heading to the store to panic-buy essentials before retailers raise prices.

    I’ve heard from literally thousands of constituents about the pain that President Trump has said the country will suffer as a result of these tariffs. 

    They have written to me sharing that they have lost as much as 20% of their 401K and 529 accounts in the last week alone due to market fluctuations that are responding in real time, to the President’s announcement of arbitrary and capricious tariffs.

    Seniors who recently retired are worried about having to return to work to make sure they can make ends meet and today and wonder if they will now outlive their retirement savings.

    Small business owners in my district are anticipating having to lay off employees. Large companies in my district who are preparing their next earnings reports for investors are telling me that the impacts of these tariffs are “material.” That’s business speak for the tariffs are going to have a real, adverse effect on their operations and likely adverse affect their cash flows. 

    Make no mistake — President Trump’s trade agenda is slowing economic growth and job creation, weakening U.S. global leadership, and increasing the cost of doing business in the United States. These tariffs make life for Americans more expensive, make us our nation less secure, and our citizens less prosperous.  

    Congress must take back its constitutional authority to stop the chaos and the pain President Trump is inflicting on American families and dig us out of what could be a self-inflicted recession.” 

    ###

    MIL OSI USA News –

  • MIL-OSI Australia: Upgrading the Watson Health Precinct

    Source: Northern Territory Police and Fire Services

    New and improved facilities will allow community organisations to offer a welcoming, secure and inclusive environment.

    In brief:

    • Plans to upgrade the Watson Health Precinct are moving ahead.
    • There will be new and improved facilities offering vital rehabilitation services.
    • A new drug and alcohol rehabilitation facility for Aboriginal and Torres Strait Islander people will be built.

    The Watson Health Precinct upgrades are moving ahead.

    Plans have been conditionally approved and a Head Contractor appointed.

    Important upgrades

    Community health organisations have provided vital rehabilitation services from the precinct for almost 20 years.

    New facilities will replace the site’s ageing infrastructure. This will help these organisations ensure a welcoming, secure and inclusive environment for people as they recover.

    It will also allow them to double their capacity in the future.

    The ACT Government will build new facilities in the precinct for:

    • the Ted Noffs Foundation – who offer live-in alcohol and other drug rehabilitation services for young people
    • Marymead CatholicCare – who provide a residential care facility for young people with mental health conditions.

    “Seeking support for drug and alcohol treatment is a massive step for any young person to undertake. Having a space that is designed and created to allow for young people to feel safe, comfortable and promotes treatment removes one barrier to young people accessing support. We welcome the ACT Government’s commitment to improve the treatment options for young people in the ACT,” the Ted Noffs Foundation said.

    “Young people struggling with mental health concerns deserve and will appreciate the new welcoming and fresh interiors, inspiring the sense of new beginnings and motivation to work towards their identified mental health recovery goals,” Marymead CatholicCare Canberra & Goulburn said.

    A new facility for Aboriginal and Torres Strait Islander people

    The precinct will also expand. A new alcohol and other drugs rehabilitation facility for Aboriginal and Torres Strait Islander people will be built.

    It will be a residential facility with 24 beds.

    Winnunga Nimmityjah Aboriginal Health and Community Services (Winnunga) will run the service.

    Winnunga has led the facility’s design and will be responsible for its construction and operation.

    This partnership will help ensure Aboriginal and Torres Strait Islander people receive culturally appropriate care for the best possible recovery.

    Monarch Building Solutions has been engaged as the Head Contractor for the work on the existing services.

    They will work with Winnunga and their Head Contractor as they build their new facility.

    Construction is expected to be completed in early 2026.

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


    MIL OSI News –

  • MIL-OSI USA: Rep. Craig Blasts Administration for Using Trade Policy to Enrich Inner Circle

    Source: United States House of Representatives – Congresswoman Angie Craig (MN-02)

    WASHINGTON, DC – Today, U.S. Representative Angie Craig joined her colleagues in expressing serious concerns that the Administration may be using trade policy to enrich the President’s inner circle.

    In a letter to President Trump and top cabinet officials, the Members of Congress noted that Cabinet Members and top officials connected with the Administration are in positions to directly benefit from stock market volatility, while everyday Americans stand to suffer financially. 

    “Our concern stems from the fact that Cabinet Members and top officials connected with the Administration—including members of the President’s family—are in positions to directly benefit from any manipulation of the stock market, while its volatility puts the financial security of everyday Americans at risk,” the Members wrote. “The volatility in the stock market has devastated the financial security of Americans… These are real losses from retirement accounts, 529 college savings plans, and Health Savings Accounts that families depend on for essential expenses.”

    They also raised questions about the President’s choice to post on social media encouraging his followers to buy stocks only hours before reversing his decision to impose sweeping tariffs on America’s trading partners.

    “This sequence of events raises serious concerns about the timing of public communications by the President and the use of executive authority in trade matters,” the Members continued. “The lack of transparency in decision-making—especially when so closely tied to significant market movements—undermines public trust and raises red flags about potential manipulation or self-dealing.”

    The Members also requested information to better understand the role of the United States Trade Representative (USTR) in overseeing trade policy decisions. 

    “The appearance that trade announcements or reversals may be timed in coordination with statements that influence markets—even implicitly—warrants immediate and thorough scrutiny,” the Members wrote. “If individuals within the Administration had advanced knowledge of trade actions or reversals and used that information for personal or political gain, such conduct would be deeply troubling —and potentially unlawful.”

    Representative Craig has led the charge to clean up Washington and prohibit Members of Congress from profiting off their service. She recently re-introduced her Halt Unchecked Member Benefits with Lobbying Elimination (HUMBLE) Act, which would ban Members of Congress from owning or trading individual stocks, prohibit the use of taxpayer funds for first-class airline tickets, prevent Members from serving on corporate boards while they are in Congress and eliminate access to Members-only perks for former Members. The bill also includes a new provision to eliminate automatic pay raises for Members of Congress.  

    You can read the full letter here.

    ###

    MIL OSI USA News –

  • MIL-OSI USA: García, Nadler Lead Colleagues in Opposing Attempted Firings of FTC Commissioners, Urging FTC to Address Nationwide Affordability Crisis

    Source: United States House of Representatives – Representative Jesús Chuy García (IL-04)

    WASHINGTON, D.C. — Congressman Jesús “Chuy” García (IL-04) and House Judiciary Antitrust Subcommittee Ranking Member Jerry Nadler (NY-12) and 53 of their colleagues sent a letter to President Trump and Federal Trade Commission (FTC) Chair Andrew Ferguson strongly opposing Trump’s unlawful attempt to fire Commissioners Alvaro Bedoya and Rebecca Slaughter and urging the agency to use its authorities to address the “cost-of-living crisis” and “deliver emergency price relief” to working families. 

    The Members underscore in the letter how the attempted firing of Mr. Bedoya and Ms. Slaughter undermines the Commission’s ability to protect workers and consumers, as they provided crucial votes for cases and investigations that held pharmacy benefit managers accountable for artificially inflating insulin prices and stopped agricultural equipment companies from denying farmers the right to repair their own agricultural equipment. The Commissioners were also instrumental in the FTC’s regulatory efforts to end junk fees, abusive subscription practices, and ban non-compete agreements that limited workers’ employment opportunities.

    “President Trump ran a campaign promising to lower costs of living for working families, but instead he is illegally terminating leaders at the FTC, an independent agency whose mandate could be used to hold predatory corporations accountable, while the prices of food, housing, and services continue to rise,” said Congressman García. “I am proud to have partnered with Ranking Member Nadler on this effort; Commissioners Bedoya and Slaughter must be permitted to do their jobs, and the FTC should prioritize workers and consumers, not billionaires.”

    “The illegal attempted firing of Federal Trade Commissioners Bedoya and Slaughter is an affront not only to our Constitution but also the economic power of individuals, families, and small businesses across the country. The FTC is the body that ensures we have a fair market and it should not be politicized as President Trump has done. I am proud to join my colleagues in urging the President to reinstate the Commissioners and ensure that the FTC is focused on driving down costs for the American people,” said Ranking Member Nadler.

    “Following the Trump administration’s erratic policymaking and whipsaw tariff announcements, it’s more important than ever that Commissioners Bedoya and Slaughter get back to work to lower prices for working Americans that will bear the brunt of any economic fallout,” said Morgan Harper, Director of Policy and Advocacy at the American Economic Liberties Project. “In times of economic uncertainty, robust enforcement from the FTC is absolutely necessary to defend the interests of consumers, small businesses, and workers who are already struggling under a cost of living crisis. We’re pleased to join these Members of Congress in urging the administration to get the full Commission back to work as fast as possible.”

    “By illegally trying to fire Commissioners Bedoya and Slaughter, President Trump and Andrew Ferguson deliberately hobbled the FTC, one of the government’s most effective defenses against Big Tech and Wall Street abuses,” said Emily Peterson-Cassin, Corporate Power Director at Demand Progress. “Especially now when Americans are worrying about their retirement accounts and the price of household goods, we need a fully functional FTC to look out for Main Street. Chair Ferguson has talked a big game about standing up to the big fish and now is the time to actually use his power to curb corporate abuse and lower costs for everyday Americans.”

    “The out-of-control cost of housing is the number one economic issue facing most Americans and the number one driver of homelessness,” said Jesse Rabinowitz, Communications and Campaign Director at the National Homelessness Law Center. “That’s why it’s crucial to have a functional FTC with Commissioners who are committed to addressing corporate consolidation and other issues in the housing market that are driving up costs for families. When we solve homelessness and make housing affordable for all, we will be a safer, healthier, and more prosperous country.”

    A copy of the letter can be found here.

    Congressmen García and Nadler were joined by 53 colleagues: Reps. Yassamin Ansari (AZ-03), Becca Balint (VT-AL), Nanette Barragán (CA-44), Sanford D. Bishop, Jr. (GA-02), Greg Casar (TX-35), Joaquin Castro (TX-20), Gilbert R. Cisneros, Jr. (CA-31), Yvette D. Clarke (NY-09), Madeleine Dean (PA-04), Rosa DeLauro (CT-03), Chris Deluzio (PA-17), Lloyd Doggett (TX-37), Adriano Espaillat (NY-13), Robert Garcia (CA-42), Jimmy Gomez (CA- 34), Maggie Goodlander (NH-02), Glenn Ivey (MD-04), Pramila Jayapal (WA-07), Hank Johnson (GA-04), Robin Kelly (IL-02), Ro Khanna (CA-17), John B. Larson (CT-01), Summer Lee (PA-12), Ted W. Lieu (CA-36), Zoe Lofgren (CA-18), Stephen Lynch (MA-08), Betty McCollum (MN-04), Jim McGovern (MA-02), LaMonica McIver (NJ-10), Rob Menendez (NJ-08), Eleanor Holmes Norton (DC-AL), Alexandria Ocasio-Cortez (NY-14), Ilhan Omar (MN-05), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Delia C. Ramirez (IL-03), Jamie Raskin (MD-08), Deborah Ross (NC-02), Mary Gay Scanlon (PA-05), Lateefah Simon (CA-12), Adam Smith (WA-09), Darren Soto (FL-09), Suhas Subramanyam (VA-10), Mark Takano (CA-39), Shri Thanedar (MI-13), Bennie G. Thompson (MS-02), Rashida Tlaib (MI-12), Jill Tokuda (HI-02), Paul D. Tonko (NY-20), Norma J. Torres (CA-35), Nydia M. Velázquez (NY-07), Bonnie Watson Coleman (NJ-12), and Nikema Williams (GA-05). 

    The letter is endorsed by: American Economic Liberties Project, Americans For Financial Reform, Center for Digital Democracy, Demand Progress, Groundwork Collaborative, Institute for Local Self-Reliance, National Community Reinvestment Coalition (NCRC), National Homelessness Law Center, P Street, and Revolving Door Project.

    # # #

    MIL OSI USA News –

  • MIL-OSI USA: Ways and Means Democrats introduce bill to end tariff chaos, reclaim Congress’s trade authority

    Source: United States House of Representatives – Congresswoman Linda Sanchez (38th District of CA)

    WASHINGTON – Ways and Means Trade Subcommittee Ranking Member Linda T. Sánchez (D-Calif.), along with all Ways and Means Committee Democrats, today introduced the Stopping a Rogue President on Trade Act, a bill to end the constant chaos created by President Trump’s trade wars and reclaim Congress’s authority over tariffs.

    Video of today’s bill introduction press conference is available HERE.

    “President Trump’s reckless abuse of tariffs has sparked nothing but chaos,” said Trade Subcommittee Ranking Member Sánchez. “American families have been anxiously bracing for rising costs and small businesses are worried they won’t survive the economic strain – all while the president flip-flops on tariffs at a whim, doing backroom deals and keeping negotiations out of the public eye. It’s time to end this madness. Congress must step in and take the trade keys away from our rogue president and protect the American people.”

    “Over the years, Congress has entrusted more and more authority over trade to the Executive Branch, and recent events have made it clear we must reclaim that authority,” said Ranking Member Richard Neal (D-Mass.). “This president is willing to call anything an emergency to justify his every chaotic whim. The American people deserve better—they deserve stability and forethought. That’s why I’m proud to support Trade Subcommittee Ranking Member Sánchez’s legislation that will deliver just that.”

    The Stopping a Rogue President on Trade Act would:

    • Turn off the global tariffs imposed on April 2: The bill would permanently turn off the new baseline tariffs of 10 percent for all countries as well as the massive increases in tariffs for 60 trading partners, such as Europe, Israel, Japan, South Korea and Kenya. This would return most rates to the levels they were before the president’s tariff spree.
       
    • Turn off the tariffs imposed by executive order for Mexico and Canada: The president should not be able to use congressional trade authorities to extort our closest allies. If there are trade issues with those two countries, then there is a process in the United States-Mexico-Canada Agreement that President Trump negotiated and Congress authorized.
       
    • Require congressional approval for all new tariffs: The Constitution gives Congress the authority over trade. Getting a vote on tariff actions should not be held hostage to political whim; votes would be treated as privileged measures that ensures that the American people get to have their say. Apolitical tariff actions – like trade remedies, safeguards and trade agreement dispute settlement – are already insulated from partisan abuse and would not require a congressional vote under the bill.

    The bill is cosponsored by Representatives Richard Neal (D-Mass.), Lloyd Doggett (D-Texas), Mike Thompson (D-Calif.), John Larson (D-Conn.), Danny Davis (D-Ill.), Terri Sewell (D-Ala.), Suzan DelBene (D-Wash.), Judy Chu (D-Calif.), Gwen Moore (D-Wisc.), Brendan Boyle (D-Pa.), Don Beyer (D-Va.), Dwight Evans (D-Pa.), Brad Schneider (D-Ill.), Jimmy Panetta (D-Calif.), Jimmy Gomez (D-Calif.), Steven Horsford (D-Nev.), Stacey Plaskett (D-Virgin Islands), Tom Suozzi (D-N.Y.) and Adam Gray (D-Calif.).

    ###

    MIL OSI USA News –

  • MIL-Evening Report: ER Report: A Roundup of Significant Articles on EveningReport.nz for April 12, 2025

    ER Report: Here is a summary of significant articles published on EveningReport.nz on April 12, 2025.

    Pacific climate activists join 180+ groups calling on COP30 hosts Brazil to end fossil fuel dependence
    RNZ Pacific Pacific climate activists this week handed a letter from civil society to this year’s United Nations climate conference hosts, Brazil, emphasising their demands for the end of fossil fuels and transition to renewable energy. More than 180 indigenous, youth, and environmental organisations from across the world have signed the letter, coordinated by the

    Election Diary: Labor breaks practice of preferencing Greens to protect Jewish MP Josh Burns
    Source: The Conversation (Au and NZ) – By Michelle Grattan, Professorial Fellow, University of Canberra It takes a bit for Labor not to preference the Greens but on Friday it was announced that in the Melbourne seat of Macnamara, where Jewish MP Josh Burns is embattled, the ALP will run an open ticket. Macnamara, which

    ‘Delusional’ Treaty Principles Bill scrapped but fight for Te Tiriti just beginning, say lawyers and advocates
    By Layla Bailey-McDowell, RNZ Māori news journalist Legal experts and Māori advocates say the fight to protect Te Tiriti is only just beginning — as the controversial Treaty Principles Bill is officially killed in Parliament. The bill — which seeks to redefine the principles of Te Tiriti o Waitangi — sparked a nationwide hīkoi and

    Coalition plan to dump fuel efficiency penalties would make Australia a global outlier
    Source: The Conversation (Au and NZ) – By Anna Mortimore, Lecturer, Griffith Business School, Griffith University The Coalition has announced it would, if elected to government, weaken a scheme aimed at cutting car emissions. The scheme, known as the New Vehicle Efficiency Standard (NVES), was introduced by the Albanese government and was due to take

    Peter Dutton’s climate policy backslide threatens Australia’s clout in the Pacific – right when we need it most
    Source: The Conversation (Au and NZ) – By Wesley Morgan, Research Associate, Institute for Climate Risk and Response, UNSW Sydney Australia’s relationship with its regional neighbours could be in doubt under a Coalition government after two Pacific leaders challenged Opposition Leader Peter Dutton over his weak climate stance. This week, Palau’s president Surangel Whipps Jr

    Could changing your diet improve endometriosis pain? A recent study suggests it’s possible
    Source: The Conversation (Au and NZ) – By Evangeline Mantzioris, Program Director of Nutrition and Food Sciences, Accredited Practising Dietitian, University of South Australia ovchinnikova_ksenya/Shutterstock Endometriosis affects around 10% of women of reproductive age. It’s a chronic inflammatory condition that occurs when tissue similar to the lining of the uterus (the endometrium) grows outside the

    Kids cheering ‘chicken jockey!’ at A Minecraft Movie isn’t antisocial – it creates a chance for us to connect
    Source: The Conversation (Au and NZ) – By Sophia Staite, Lecturer in Humanities, University of Tasmania Courtesy of Warner Bros. Pictures Social media is ablaze with reports of kids going wild at screenings of A Minecraft Movie. Some cinemas are cracking down. There are reports of cinemas calling in police to deal with rowdy theatregoers

    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

    We study ‘planktivores’ – and found an amazing diversity of shapes among plankton-feeding fishes
    Source: The Conversation (Au and NZ) – By Isabelle Ng, PhD candidate, College of Science and Engineering, James Cook University A couple of whip coral goby (_Bryaninops yongei_). randi_ang/Shutterstock Swim along the edge of a coral reef and you’ll often see schools of sleek, torpedo-shaped fishes gliding through the currents, feeding on tiny plankton from

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI USA: During Sexual Assault Awareness and Prevention Month, Shaheen Addresses Advocates and Educators at Building Safe Communities Conference

    US Senate News:

    Source: United States Senator for New Hampshire Jeanne Shaheen

    (Plymouth, NH) – Today, U.S. Senator Jeanne Shaheen (D-NH) delivered remarks at the Building Safe Communities: The Importance of Multidisciplinary Partnerships in Addressing Domestic Violence and Empowering Survivors colloquium, sponsored by the Plymouth State University Social Work program. The visit follows the unanimous Senate passage of Shaheen’s bipartisan resolution recognizing April as National Sexual Assault Awareness and Prevention Month earlier this week. You can view photos from the event here.

    “While the Trump administration continues to freeze funding and propose plans that would eliminate the Office of Violence Against Women, the stark reality is that one in three women will experience domestic violence in their lifetime,” said Shaheen. “At the end of the day, it’s Granite Staters who will suffer if state offices and organizations who provide services don’t have the funding and support they depend on to provide help, counsel or comfort to domestic violence survivors. It’s inexcusable and I’ll continue fighting to protect these services.”

    Shaheen has long championed efforts in the Senate to boost services and programs for survivors of domestic and sexual violence. In the Fiscal Year (FY) 2025 U.S. Senate Commerce, Justice, Science and Related Agencies (CJS) Subcommittee Appropriations bill, Shaheen secured and helped advance $739.5 million, the highest funding level ever, for grants authorized by the Violence Against Women Act (VAWA), including $10 million for continued implementation of her Sexual Assault Survivors’ Bill of Rights grant program.

    In 2016, Shaheen led the effort to pass the Survivors’ Bill of Rights Act, which was signed into law by President Obama. The historic legislation guaranteed rights for survivors of sexual assault in federal cases and led to 21 states adopting similar legislation, including New Hampshire. Shaheen and Grassley’s bipartisan Survivors’ Bill of Rights in the States Act was signed into law as part of the FY 2023 national defense authorization legislation, and builds on the legacy of Shaheen’s initial legislation by ensuring that all survivors, not just those in federal cases, are protected.

    MIL OSI USA News –

  • MIL-OSI: IDEX Biometrics ASA: Mandatory notification of trades

    Source: GlobeNewswire (MIL-OSI)

    IDEX Biometrics ASA informs of primary insider transactions as listed in the attached notifications.

    For further information contact:

    Marianne Bøe, Head of Investor Relations, Tel: +47 91800186

    Kristian Flaten, CFO, Tel: +47 95092322

    E-mail: ir@idexbiometrics.com

    This information is subject to the disclosure requirements pursuant to Article 19 of the EU Market Abuse Regulation and Section 5-12 of the Norwegian Securities Trading Act.

    Attachments

    The MIL Network –

  • MIL-OSI: FXSentry New Trading Strategy Launching: The Guardian Forex Robot Designed for Capital Protection

    Source: GlobeNewswire (MIL-OSI)

    DUBAI, UAE, April 11, 2025 (GLOBE NEWSWIRE) — FXSentry, an advanced forex trading automation system, introduces a risk-aware trading strategy designed to prioritize capital protection while strategically identifying market opportunities. With market volatility constantly reshaping trading conditions, this system provides a disciplined, defense-first approach that safeguards capital without compromising the potential for strong returns.

    Most automated trading solutions prioritize trade volume over risk control, often leaving traders vulnerable to sharp market reversals. This system takes a different approach, embedding advanced risk assessment tools that actively monitor trading conditions, adjust to market fluctuations, and shield capital from unnecessary exposure. By integrating protective stop-loss placement, dynamic lot sizing, and real-time volatility tracking, it ensures that every trade is backed by rigorous risk parameters rather than blind execution.

    Turning Volatility into Opportunity

    In forex trading, survival isn’t just about making gains, it’s about keeping them. High-impact news events, liquidity shifts, and algorithmic trading can wipe out unprotected positions in seconds, leaving traders exposed to unnecessary losses. A trading system that doesn’t prioritize capital preservation isn’t just incomplete, it’s a liability.

    This guardian-style forex automation takes a measured stance, ensuring that every position aligns with a pre-calculated risk model. Instead of reacting impulsively to price swings, the system assesses historical patterns, volatility thresholds, and liquidity shifts before executing trades. The goal is not only to protect funds from unnecessary drawdowns but to capitalize on strategic openings that offer calculated risk-to-reward ratios.

    FXSentry is designed with capital protection at its core, prioritizing account safety while strategically seizing market opportunities. Traders need more than just automation; they need a system that understands when to engage and when to step back.

    A Smarter Defensive Strategy in Forex Trading

    With forex markets prone to unexpected shifts driven by macroeconomic events, safeguarding capital is becoming an increasing priority for both retail and institutional traders. The rise of risk-focused automation marks a shift in the industry, where traders now seek solutions that balance profit potential with built-in protection mechanisms.

    As AI-driven trading continues to evolve, demand grows for intelligent systems that go beyond execution and actively manage risk exposure. This innovation represents a new era of strategic automation, where safety and performance are no longer opposing forces but integrated pillars of a sustainable trading strategy.

    About FXSentry

    FXSentry delivers precise market analysis, robust risk management, and trader protection. With advanced indicators and automated execution, it helps traders identify opportunities while prioritizing capital safety in a user-friendly, customizable system. Learn more at https://fxsentry.com/

    Media contact

    Brand: FXSentry

    Contact: Media team

    Email: support@fxsentry.com

    Website: https://fxsentry.com/

    The MIL Network –

  • MIL-OSI USA: As Trump’s Trade War Bludgeons US Economy, Duckworth, Durbin, Democratic Senators Slam Administration for Defunding Network of Centers That Boost American Manufacturing

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    April 11, 2025
    As Trump’s Trade War Bludgeons US Economy, Duckworth, Durbin, Democratic Senators Slam Administration for Defunding Network of Centers That Boost American Manufacturing
    [WASHINGTON, D.C.] – U.S. Senator Tammy Duckworth (D-IL) and U.S. Senate Democratic Whip Dick Durbin (D-IL) joined U.S. Senators Maria Cantwell (D-WA), Tammy Baldwin (D-WI) and 11 of their Senate Democratic colleagues in a letter to Trump’s Commerce Secretary, Howard Lutnick, demanding answers regarding the Administration’s decision to cancel funding for 10 National Institute of Standards and Technology Hollings Manufacturing Extension Partnership (MEP) Centers across the country. The action came on April 1, one day before Trump announced sweeping tariffs on imports which tanked the stock market and raised warnings from experts of a recession.  
    “Small manufacturers rely on MEP Centers for essential support in adopting the latest advanced technologies, updating their cybersecurity, navigating supply chain challenges, and accessing workforce training—resources that are often out of reach for small businesses without this dedicated assistance,” the Senators wrote. “These centers drive innovation, boost productivity, and create high-quality jobs, strengthening both local economies and America’s global competitiveness. Without this critical federal support, MEP Centers—especially those with the fewest resources, and those serving rural and underserved communities—will be at the greatest risk of closure.
    The economic impact of these centers has been substantial. A report by Summit Consulting and the Upjohn Institute found that the MEP program generated a substantial economic and financial return ratio of more than 17:1 for the $175 million funding invested by the federal government in FY2023. The study also determined that MEP Center projects contributed to an overall increase of nearly 309,000 jobs nationwide.
    Since 1988, the MEP has worked to strengthen and empower U.S. manufacturing through a nationwide network of MEP Centers. The MEP National Network is comprised of 51 MEP Centers located in all 50 states and Puerto Rico and over 1,450 trusted advisors and experts at more than 430 MEP service locations that provide any U.S. manufacturer with access to resources they need to succeed. In Illinois, the Illinois Manufacturing Excellence Center (IMEC) leads a variety of initiatives to grow manufacturing, including supporting the development of quantum technologies in our state. IMEC has created and retained more than 7,000 jobs and assisted nearly 3,000 companies.
    Joining Duckworth, Durbin, Cantwell and Baldwin in sending the letter was Senate Democratic Leader Chuck Schumer (D-NY) and U.S. Senators Chris Van Hollen (D-MD), Lisa Blunt Rochester (D-DE), Martin Heinrich (D-NM), Mazie Hirono (D-HI), Jacky Rosen (D-NV), Ben Ray Luján (D-NM), Brian Schatz (D-HI), Ron Wyden (D-OR), Chris Coons (D-DE) and Gary Peters (D-MI).
    Full text of the letter is available on Senator Duckworth’s website and below:
    April 8, 2025
    Dear Secretary Lutnick,
    We write to express our deep concern regarding the Department of Commerce’s recent decision to cancel future funding for ten National Institute of Standards and Technology (NIST) Hollings Manufacturing Extension Partnership (MEP) Centers in Delaware, Hawaii, Iowa, Kansas, Maine, Mississippi, Nevada, New Mexico, North Dakota, and Wyoming. This decision has raised widespread concern across the entire national network of MEP Centers, prompting fears about whether these initial cancellations are the first step in a broader effort to dismantle the program and eliminate federal funding for all 51 centers, with centers in Colorado, Connecticut, Illinois, Indiana, Maryland, Michigan, New York, New Hampshire, North Carolina, Oklahoma, Oregon, Tennessee, Texas, Virginia, Washington, and Wisconsin expected to be notified about their status shortly. Given the MEP program’s long-standing, bipartisan support in strengthening small and medium-sized American manufacturers, we share these concerns and urge you to provide clarity and certainty on your plans for the future of the MEP program.
    According to the National Association of Manufacturers, 93% of manufacturers have fewer than 100 employees, while 75% have fewer than 20 employees. Small manufacturers rely on MEP Centers for essential support in adopting the latest advanced technologies, updating their cybersecurity, navigating supply chain challenges, and accessing workforce training—resources that are often out of reach for small businesses without this dedicated assistance. These centers drive innovation, boost productivity, and create high-quality jobs, strengthening both local economies and America’s global competitiveness. Without this critical federal support, MEP Centers—especially those with the fewest resources, and those serving rural and underserved communities—will be at the greatest risk of closure.
    Dismantling this program would not only disrupt benefits for small businesses but also undermine decades of federal investment in domestic manufacturing resilience, which Congress prioritized in the MEP program in the Omnibus Trade and Competitiveness Act of 1988. Congress also reauthorized the MEP program in the CHIPS and Science Act of 2022. NIST was provided $175 million in Fiscal Year (FY) 2025 to fund the MEP Centers. In FY2024 alone, the MEP National Network resulted in $2.6 billion in cost savings, $15 billion in new and retained sales, $5 billion in new client investments, and over 108,000 jobs created or retained. Additionally, a report by Summit Consulting and the Upjohn Institute found that the MEP program generated a substantial economic and financial return ratio of more than 17:1 for the $175 million funding invested by the federal government in FY2023. The study also determined that MEP Center projects contributed to an overall increase of nearly 309,000 jobs across the United States.
    Given these benefits and the funding in the FY 2025 Continuing Resolution, we request a full explanation of the rationale behind this funding decision and ask that you promptly reconsider. Additionally, we urge the Department of Commerce to provide Congress with an impact assessment detailing how this decision will affect manufacturers in the affected states and regions. This action has caused tremendous uncertainty for all MEP Centers and the thousands of American manufacturing companies and their workers. Therefore, to better understand your plans for renewals across other states in the future, we request a briefing on the way ahead for the overall MEP program prior to making any final non-renewal decisions by April 30, 2025. 
    Eliminating federal support for MEP Centers would hamper American small and medium-sized manufacturers. We urge you to take immediate action to protect the MEP program and the manufacturers that rely on it. We look forward to your response no later than April 30, 2025, and are ready to work with you to find solutions that maintain and enhance the MEP program’s ability to serve America’s manufacturing sector.
    Sincerely,
    -30-

    MIL OSI USA News –

  • MIL-OSI USA: Cantwell, Colleagues Demand Reversal of Chaotic and Destructive Tariffs that Could Devastate U.S. Small Businesses

    US Senate News:

    Source: United States Senator for Washington Maria Cantwell

    04.11.25

    Cantwell, Colleagues Demand Reversal of Chaotic and Destructive Tariffs that Could Devastate U.S. Small Businesses

    In letter to Commerce Secretary Lutnick, Senators say Trump’s 10% tariff on all nations will “upend the global trade system that small businesses rely on to bring their goods to market”; Last Thursday, Cantwell introduced a bipartisan bill that would reassert Congress’ role in setting & overseeing U.S. trade policy

    WASHINGTON, D.C. – Yesterday, U.S. Senator Maria Cantwell (D-WA), senior member of the Senate Finance Committee and ranking member of the Senate Committee on Commerce, Science, and Transportation, joined 12 of her Senate colleagues in a letter demanding that Secretary of Commerce Howard Lutnick and President Donald Trump immediately reverse course on the sweeping tariffs that are devastating small businesses across the nation.  Cantwell previously chaired the U.S. Senate Committee on Small Business and Entrepreneurship.

    The senators emphasized how these new taxes on imported goods are raising prices for hardworking Americans and creating additional challenges for small businesses at a time when high costs are already making it difficult for them to operate.

    Sen. Cantwell recently introduced the bipartisan Trade Review Act of 2025, which would reassert Congress’ role in setting and overseeing U.S. trade policy. It has gained the endorsement of national small business groups like the Main Street Alliance and Small Business Majority.

    “Most small businesses operate on razor thin margins, so any increase in costs could be devastating for both day-to-day operations and business’ long-term success,” wrote the senators. “Now is the time to invest in our small businesses to ensure they have the resources necessary to navigate today’s high-cost environment. Across-the-board tariffs will have the opposite effect, squeezing small firms that lack the capital and resources to mitigate the worst effects of President Trump’s new trade barriers.”

    “From hospitality to retail to manufacturing, President Trump’s sweeping tariffs have the potential to upend decades of economic interdependence that allowed our nation’s small businesses to thrive. They must be reconsidered. To that end, we respectfully ask that you work with the President to reverse course on the 10 percent tariffs on all countries,” they continued.

    Washington state is home to 644,868 small businesses, which together employ more than 1.4 million people, accounting for 49% of all of the state’s workers.

    In addition to Sen. Cantwell, the letter was signed by Senators Jacky Rosen (D-NV), Chuck Schumer (D-NY), Kirsten Gillibrand (D-NY), Martin Heinrich (D-NM), Richard Blumenthal (D-CT), Peter Welch (D-VT), Jeff Merkley (D-OR), Mark Warner (D-VA), Andy Kim (D-NJ), Ben Ray Lujan (D-NM), Patty Murray (D-WA), and Gary Peters (D-MI).

    A link to the letter is HERE.

    On April 3, Sen. Cantwell introduced a bipartisan bill to reaffirm Congress’ key role in setting and approving U.S. trade policy, and reestablish limits on the president’s ability to impose unilateral tariffs.

    READ MORE: The Wall Street Journal: Senators Move to Rein In Trump’s Power on Tariffs

    HEAR MORE: NPR: Sen. Maria Cantwell says there is bipartisan support to rein in Trump’s tariffs

    WATCH MORE: Forbes: ‘I Don’t Know What You Think’: Maria Cantwell Laces Into US Trade Rep Over Trump’s Tariffs

    The bill has since picked up 12 additional cosponsors – an equal mix of Republicans and Democrats – and been endorsed by multiple major U.S. business organizations, including the National Retail Federation, which is the largest retail trade association in the world.

    In addition, a bipartisan group in the House of Representatives has introduced a companion version of Sen. Cantwell’s legislation, which also is cosponsored by equal numbers of Republicans and Democrats.

    The bill restores Congress’ authority and responsibility over tariffs as outlined in Article I, Section 8 of the Constitution by placing the following limits on the president’s power to impose tariffs:

    • To enact a new tariff, the president must notify Congress of the imposition of (or increase in) the tariff within 48 hours.
      • The Congressional notification must include an explanation of the president’s reasoning for imposing or raising the tariff, and
      • Provide analysis of potential impact on American businesses and consumers.
    • Within 60 days, Congress must pass a joint resolution of approval on the new tariff, otherwise all new tariffs on imports expire after that deadline.
    • Under the bill, Congress has the ability to end tariffs at any time by passing a resolution of disapproval.
    • Anti-dumping and countervailing duties are excluded.

    The full bill text is available HERE.

    For the past three months, President Trump has been sowing economic chaos across the country with unpredictable and ever-changing tariff announcements. His back-and-forth announcements and actions, which have whipsawed American businesses and consumers, as well as close neighbors and allies, include:

    • On January 31 — citing punishment for failing to crack down on fentanyl trafficking — the Trump administration announced plans to impose a 25% tax on many goods imported into the U.S. from Canada and Mexico and a 10% tax on goods imported from China, then abruptly postponed those tariffs.
    • In February, he doubled down, announcing an additional 25% tax on all steel and aluminum imports.
    • At 12:01 a.m. ET on March 4, President Trump’s long-promised 25% tariffs on goods from Mexico and Canada and 10% tariff increase on goods from China took effect, causing stock prices in the United States to plummet.
    • Then, on March 5, he announced that automobiles from Canada and Mexico would be exempt from his tariffs for one month.
    • The morning of March 6, he announced that he would suspend the tariffs for some products from Mexico. Then, later that same afternoon, he announced he was suspending most new tariffs on products from both Mexico and Canada until April 2.
    • On March 11, Trump threatened to double tariffs on Canadian steel and aluminum – increasing them to 50% – before reversing himself later the same day.
    • On March 13, he threatened 200% tariffs on alcoholic products from the European Union, including all wine and Champagne.
    • On March 27, he announced plans to impose a 25% tax on all imported sedans, SUVs, crossovers, minivans, cargo vans, and light trucks, as well as some auto parts, beginning on April 2.
    • On March 29, President Trump said, “I couldn’t care less,” if automakers raise the price of cars in response to his tariffs.
    • On April 2, he announced a “National Economic Emergency,” and signed an executive order declaring a 10% minimum baseline tariff on all countries as well as additional tariffs on nearly 60 countries.
    • On April 7, he threatened to impose an additional 50% tariff on China.
    • On April 9, he announced a rollback of his April 2 tariffs down to the 10% baseline across the board, with the exception of China, which he increased to 125%.

    MIL OSI USA News –

  • MIL-OSI USA: CONGRESSWOMAN PLASKETT SHARES UPDATE ON TRUMP ADMINISTRATION’S PROPOSED FEES AT U.S. PORTS

    Source: United States House of Representatives – Congresswoman Stacey E. Plaskett (USVI)

    For Immediate Release                                          Contact: Tionee Scotland

    April 11, 2025                                                           202-808-6129

    PRESS RELEASE

    CONGRESSWOMAN PLASKETT SHARES UPDATE ON TRUMP ADMINISTRATION’S PROPOSED FEES AT U.S. PORTS

    Washington, D.C. – Congresswoman Stacey E. Plaskett shared the following update regarding President Trump’s executive order on the maritime industry:

    “This week, President Trump announced an executive order which doubles down on previous tariff directives and provides a structure to move ahead with the administration’s Section 301 tariff actions which will impose significant port fees on maritime transport operators with fleets comprised of Chinese-built vessels. If the order comes into full effect, it will result in significant port fees on maritime transport operators servicing the United States Virgin Islands. The order also directs the U.S. Trade Representative to consider imposing fees on Chinese-built cranes and other cargo-handling equipment, an action which could affect almost every port in America.

    “These actions will cause increased shipping costs, shipping delays and, in some cases, the wholesale termination of service by cargo carriers to impacted locations throughout the coast of the United States and especially places like the Virgin Islands.

    “I am particularly concerned for coastal and island communities, including the Virgin Islands, where the imposition of these punitive measures will skyrocket costs of food and other everyday items that must be imported by the maritime industry.

    “My team and I have been highly engaged with the Virgin Islands maritime industry, as well as stakeholders, including meeting with the ambassadors to the Caribbean nations, to track the implications of President Trump’s executive order on ship owners, operators, and builders.

    “Earlier this week, I had the opportunity to question US Trade Relations Ambassador Jameison Greer during a Ways & Means Committee hearing and urged the ambassador to consider the practical impacts of tariff actions on the US outlying areas and ultimately reconsider these actions. Our communities would bear tremendous undue cost, which makes clear the need for an exemption. I am also leading a letter to USTR Ambassador Greer and the Administration to make the case for this exemption and underscore the impact of these fees on the Virgin Islands, which will permeate through the Caribbean region.

    “Under the order, transport operators with fleets comprised of Chinese-built vessels will be charged up to $1.5 million per vessel entrance to an American port, as well as an ‘additional fee’ of up to $1 million per vessel entrance to an American port if the number of foreign-built vessels in the operator’s fleet is equal to or greater than 25 percent. Even vessels under the U.S. flag, operated and owned by a U.S. entity that are Chinese-built would be subject to the fees in USTR’s proposal. We continue to urge the Trump Administration to heed the feedback of elected officials, the maritime industry, and stakeholders even amidst the imposition of these actions that will have radically negative consequences for our corner of the American experience.

    “I will continue to collaborate in a bipartisan manner with my colleagues, stakeholders, and the Virgin Islands community to advance the interests of the Virgin Islands.”

    ###

    MIL OSI USA News –

  • MIL-OSI USA: Justice Department Surpasses $12 Billion in Compensation to Crime Victims Since 2000

    Source: US State of North Dakota

    To commemorate the 2025 National Crime Victims’ Rights Week, the Department of Justice reaffirms its steadfast commitment to compensate crime victims with federally forfeited assets. The Justice Department’s Asset Forfeiture Program has surpassed $12 billion in compensation to crime victims.

    In fiscal year 2024 and the beginning of fiscal year 2025 alone, more than $735.3 million has been returned to victims of human trafficking; romance, investment, and healthcare fraud; business email compromise and government imposter schemes; drug diversion; and cryptocurrency-related thefts and frauds.

    “This extraordinary milestone demonstrates the effectiveness of the Asset Forfeiture Program in taking the profit out of crime and compensating victims,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “While the Criminal Division is deeply proud of these efforts, we recognize that crime victims often lose much more than money. We hope that victims, from exploited children to older Americans targeted by sophisticated criminal schemes, can move forward in their recovery through this compensation. This milestone was made possible by the Justice Department’s Money Laundering and Asset Recovery Section, which manages the Asset Forfeiture Program, U.S. Attorneys’ Offices across the country, and the many federal, state, local, and tribal law enforcement agencies that have dedicated their time and resources to these investigations.”  

    Recent cases in which victims were compensated for their losses with forfeited assets in 2024 or 2025 include:

    $4.3 Billion to Victims of Bernie Madoff

    United States v. Bernard L. Madoff (Southern District of New York)

    In December 2024, the Justice Department announced that the Madoff Victim Fund (MVF) would make its 10th and final distribution of over $131.4 million to victims of the Bernard L. Madoff fraud scheme. These funds were forfeited by the U.S. government in connection with the Bernard L. Madoff Investment Securities LLC (BLMIS) fraud scheme. Through its 10 distributions, MVF paid over $4.3 billion from forfeited funds to 40,930 victims in 127 countries for losses they suffered from the collapse of BLMIS, bringing recovery for victims to nearly 94% of their fraud loss. According to court documents and information presented in related proceedings, for decades, Madoff used his position as chairman of Bernard L. Madoff Investment Securities LLC, the investment advisory business he founded in 1960, to steal billions from his clients. On March 12, 2009, Madoff pleaded guilty to 11 federal felonies, admitting that he had turned his wealth management business into the world’s largest Ponzi scheme, benefitting himself, his family, and select members of his inner circle.

    $420 Million to Victims of Fraud Schemes Facilitated by Western Union

    United States v. The Western Union Company (Middle District of Pennsylvania)

    In 2017, Western Union entered into a deferred prosecution agreement (DPA) with the United States. Pursuant to the DPA, Western Union acknowledged responsibility for its criminal conduct, which included violations of the Bank Secrecy Act and aiding and abetting wire fraud.  Western Union agreed to forfeit $586 million, which has been made available to compensate victims of the international consumer fraud scheme through the remission process. Western Union simultaneously resolved a parallel civil investigation with the Federal Trade Commission. To date, the Criminal Division has disbursed more than $420 million to approximately 175,000 victims.

    $8 Million Returned to Victims of Email Business Compromise Scams

    United States v. Olalekan Jacob Ponle (Northern District of Illinois)

    Olalekan Jacob Ponle worked with co-schemers to engage in numerous business email compromise schemes. The co-schemers used phishing links to gain unauthorized access to email accounts and then created false instructions directing employees of the victim companies to wire money to bank accounts opened by money mules at Ponle’s direction. After unwitting employees wired money, in some cases millions of dollars, to the bank accounts, Ponle instructed the money mules to convert the proceeds to Bitcoin and send them to him. As a result of Ponle’s scheme, victim companies suffered more than $8.03 million in actual losses. The government seized the Bitcoin, obtained a final order of forfeiture, liquidated the cryptocurrency, and used the proceeds to compensate the victims of Ponle’s fraud.

    $5.6 Million to the Small Business Administration

    United States v. Aydin Kalantarov, et al. (Northern District of Ohio)

    According to court documents, from May 2020 through October 2020, Aydin Kalantarov, along with his two brothers, Zaur Kalantarli and Ali Kalantarli, conspired to defraud the U.S. Small Business Association (SBA) of nearly $7 million in Economic Injury Disaster Loans (EIDL). As part of the scheme the brothers created 70 fictious Ohio corporations with agriculture sounding names. Once the fictitious corporations were created, the brothers submitted fraudulent EIDL loan applications to the SBA claiming that their business was adversely affected by the pandemic. The SBA funded 47 of the applications for a total of approximately $7 million. $5.6 million in forfeited funds was transferred to the clerk of the court for payment to the SBA.

    $2.28 Million Returned to Victims of Two Business Email Compromise Schemes

    United States v. Contents of TD Bank Account, Account Ending 7684, Held in the Name of O’Shane K. Malcolm, et al. (District of Connecticut)

    United States v. Contents of Truist Bank Account Ending 5792, Held in The Name of Quest Freight LLC (District of Connecticut)

    In the first scam, criminal actors compromised an email account associated with a member of the management team of a city’s Board of Education.  In June 2023, these actors created a fake email account that mimicked the email of a bus company that held a contract with the Board of Education for bussing. Using the fake bus company email address, the criminal actors then were able to change the bus company’s payment information from the real bus company to an account held by the criminal actors, and the city sent approximately $5.9 million dollars to the account.  The government successfully seized and forfeited approximately $1,187,691 of the stolen money, which was returned to the city through remission.

    The second forfeiture action involved a healthcare company that was a victim of a business email compromise (BEC) attack.  In April 2023, the company’s yearly medical malpractice insurance payment was set to be paid.  Shortly before the due date, the company received a fraudulent email, purportedly from its malpractice insurance company, with new wire instructions.  The company sent approximately $1,652,254 via a wire transfer using the newly provided instructions. The government successfully seized and forfeited approximately $1,100,694 remaining in the account, which was returned to the healthcare company through remissions.

    $328,500 to an Elderly Victim of a Computer Support Scam

    United States v. Discovery Bank Account Ending in 2237 (District of Connecticut)

    According to court documents, in February 2024, an elderly woman who was tricked by a computer support scheme that mimicked Microsoft customer support transferred approximately $550,000 to the scammers in two wire transfers. Within two days of the transfers, the victim and a family member reported the incident to a local police department, who then partnered with Homeland Security Investigations (HSI) to investigate the crime. Fortunately, one of the wire transfers, in the amount of $221,000, was reversed by the bank and returned to the victim. HSI traced the remaining money, totaling approximately $328,573, and seized it. The U.S. Attorney’s Office then filed a civil asset forfeiture action to forfeit the money to the government, and the U.S. Attorney’s Office and HSI then worked with the Department of Justice’s Money Laundering and Asset Recovery Section to return the money to the victim.

    $6.4 Million to the Internal Revenue Service

    United States v. Michael Little (Middle District of Florida)

    From 2019 to 2021, Michael Little filed a series of false tax returns claiming massive, bogus fuel tax credits. He filed the false returns in his own name and in the names of co-conspirators and identity theft victims. As a result of this scheme, Little and his co-conspirators obtained at least $12.3 million in fraudulent tax refunds and attempted to obtain at least $27 million more. Little and his co-conspirators also conspired to launder their ill-gotten gains and used significant portions of the fraudulent tax refunds to purchase real estate and other assets.  Over $6.4 million in forfeited funds were transferred to the clerk of court for payment to the IRS.

    $52,000 to a Survivor of Human Trafficking

    United States v. Thuy Tien Luong (Western District of North Carolina)

    Thuy Tien Luong was convicted of forced labor and ordered to serve 15 years in prison for compelling the labor of one of her nail technicians at a salon she owned and operated. From October 2016 to June 2018, Luong forced the survivor’s labor by, among other things, physically assaulting the survivor, threatening to ruin the survivor’s reputation with her family, and falsely claiming that the survivor owed Luong a fictitious debt. In addition to resulting in the return of funds seized from Luong to the Clerk of Court to pay the survivor, the case also resulted in the return to the survivor of a seized bracelet that Luong had held as “payment” towards the survivor’s fictitious debt.

    $6.3 Million Returned to Estate Victims of an Embezzlement Scheme

    United States v. Richard J. Sherwood, et al. (Northern District of New York)

    Starting in 2006, Richard J. Sherwood and Thomas K. Lagan provided estate planning and related legal services to Capital Region philanthropists Warren and Pauline Bruggeman, and to Pauline’s sister, Anne Urban, all of Niskayuna, New York.  They were advising the Bruggemans when, in 2006, the Bruggemans signed wills directing that all their assets go to churches, civic organizations, a local hospital, and a local university scholarship fund, aside from bequests to Urban and Julia Rentz, Pauline’s sisters.

    Warren Bruggeman died in April 2009, and Pauline died in August 2011. In each pleading guilty, Sherwood and Lagan admitted that they conspired to steal, and did steal, millions of dollars from Pauline Bruggeman’s estate as well as from the estate of Urban, who died in 2013. The co-conspirators admitted that they stole $11,831,563 and Sherwood also admitted that he transferred to himself the Bruggeman family camp located on Galway Lake, in Saratoga County.

    For additional information about the Department of Justice’s victim compensation program, please visit: Criminal Division | Victims.

    MIL OSI USA News –