Source: New South Wales Government 2
09 April 2025
All clients submitting the below declarations:
All clients required to use the Export / Next Export Documentation (EXDOC/NEXDOC) systems during this planned maintenance period.
Source: GlobeNewswire (MIL-OSI)
Amsterdam, April 10, 2025
SBM Offshore announces that it has signed a US$1.1 billion unsecured Revolving Credit Facility (RCF) with a group of 13 international banks to refinance its existing US$1.0 billion RCF which was due to expire in February 2026. The new RCF has a tenor of five years and two one-year extension options as well as an uncommitted option to increase the facility by an additional US$500 million.
The RCF is an important pillar of the Company’s financing strategy and can be used to finance general corporate purposes and working capital needs during the construction of floating production solutions. Eligible green projects can be funded under a specific green tranche of US$100 million.
The successful syndication of the increased RCF reflects the strong support SBM Offshore continues to receive from financial institutions across the globe.
Corporate Profile
SBM Offshore is the world’s deepwater ocean-infrastructure expert. Through the design, construction, installation, and operation of offshore floating facilities, we play a pivotal role in a just transition. By advancing our core, we deliver cleaner, more efficient energy production. By pioneering more, we unlock new markets within the blue economy.
More than 7,800 SBMers collaborate worldwide to deliver innovative solutions as a responsible partner towards a sustainable future, balancing ocean protection with progress.
For further information, please visit our website at www.sbmoffshore.com.
| Financial Calendar | Date | Year | |
| First Quarter 2025 Trading Update | May 15 | 2025 | |
| Half Year 2025 Earnings | August 7 | 2025 | |
| Third Quarter 2025 Trading Update | November 13 | 2025 | |
| Full Year 2025 Earnings | February 26 | 2026 | |
| Annual General Meeting | April 15 | 2026 |
For further information, please contact:
Investor Relations
Wouter Holties
Corporate Finance & Investor Relations Manager
Media Relations
Giampaolo Arghittu
Head of External Relations
Market Abuse Regulation
This press release may contain inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.
Disclaimer
Some of the statements contained in this release that are not historical facts are statements of future expectations and other forward-looking statements based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those in such statements. These statements may be identified by words such as ‘expect’, ‘should’, ‘could’, ‘shall’ and / or similar expressions. Such forward-looking statements are subject to various risks and uncertainties. The principal risks which could affect the future operations of SBM Offshore N.V. are described in the ‘Impacts, Risks and Opportunities’ section of the 2024 Annual Report.
Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results and performance of the Company’s business may vary materially and adversely from the forward-looking statements described in this release. SBM Offshore does not intend and does not assume any obligation to update any industry information or forward-looking statements set forth in this release to reflect new information, subsequent events or otherwise.
This release contains certain alternative performance measures (APMs) as defined by the ESMA guidelines which are not defined under IFRS. Further information on these APMs is included in the 2024 Annual Report, available on our website Annual Reports – SBM Offshore.
Nothing in this release shall be deemed an offer to sell, or a solicitation of an offer to buy, any securities. The companies in which SBM Offshore N.V. directly and indirectly owns investments are separate legal entities. In this release “SBM Offshore” and “SBM” are sometimes used for convenience where references are made to SBM Offshore N.V. and its subsidiaries in general. These expressions are also used where no useful purpose is served by identifying the particular company or companies.
“SBM Offshore®“, the SBM logomark, “Fast4Ward®”, “emissionZERO®” and “F4W®” are proprietary marks owned by SBM Offshore.
Attachment
Source: United States House of Representatives – Congresswoman Carol Miller (R-WV)
Washington, D.C. – Today, Congresswoman Carol Miller (R-WV) participated in a Ways and Means annual hearing with the United States Trade Representative Ambassador Jamieson Greer following the release of President Trump’s Trade Policy Agenda.
Click Congresswoman Miller continued by highlighting the importance of promoting U.S. digital trade while combatting China.
“I have greatly appreciated your leadership in protecting American digital companies abroad. You and I agree about the dangers of South Korea’s anti-competitive policies toward American digital companies. I intend to re-introduce legislation that seeks to ensure that American companies are not being harmed by one of our closest allies, while Chinese companies are left unscathed. The digital trade sector is rapidly growing, and it is important we do not lose market share to China in this critical field. Several countries are considering legislation that mimics the European Union’s Digital Markets Act, which has undisputably caused a “digital winter” for American tech companies operating in Europe. What are your plans to address these harmful policies and to ensure the prosperity of American digital trade? Do you think that digital trade will play a part in the imminent trade discussions regarding the “Liberation Day” tariffs?” asked Congresswoman Miller.
“I understand that there’s obviously a national conversation going on about how digital trade should be regulated, and there are lots of views on that. We’re not going to outsource that regulation. We’re not going to let the European Union or [South] Korea, or any other jurisdiction set the rules for digital trade. It will be us, and they won’t be able to do it in a way that’s discriminatory. That is impermissible, especially when we have, as you noted, the Chinese competition out there. If we’re going to have companies that operate in this space and are so competitive in this space, we need to make sure that they’re American companies, right? This is certainly something that we can talk about in any negotiations that come up,” said Ambassador Greer.
Congresswoman Miller then asked about USTR’s commitment to building up the U.S. critical mineral supply.
“We have historically forged some of our strongest alliances based on procuring critical minerals which are difficult or nearly impossible to obtain in the U.S. Will you commit to exploring great discussions and partnerships with like-minded partners to protect and build up our critical minerals today?” asked Congresswoman Miller.
“Yes,” said Ambassador Greer.
Source: United States House of Representatives – Congressman Steve Cohen (TN-09)
WASHINGTON – Congressman Steve Cohen (TN-9), a senior member of the Transportation and Infrastructure Committee, raised concerns about the potential impact of Project 2025’s proposal to eliminate federal funding for transit systems. During a hearing of the Subcommittee on Highways and Transit reviewing federal transit policy, Congressman Cohen questioned witnesses about how such drastic cuts would affect the working Americans who rely on public transportation every day.
Congressman Cohen led off his questions to witnesses by asking how such cuts in federal support would affect major cities and the people who depend on public transit to get to work, to hospitals, or to grocery or drug stores.
“It would be devastating,” said witness Nathaniel P. Ford, the CEO of the Jacksonville Transportation Authority, speaking on behalf of the American Public Transportation Association.
Other witnesses said it would disproportionately harm low-income people and communities of color who rely on public transit.
Witnesses also endorsed a bill that Congressman Cohen has supported in previous Congresses, the Stronger Communities through Better Transit, which would establish a federal funding program for transit operations.
See Congressman Cohen’s exchange with the witnesses here.
Witnesses at the hearing, besides Mr. Ford, were:
# # #
Source: United States House of Representatives – Congressman Steny H Hoyer (MD-05)
WASHINGTON, DC – This week, Congressman Steny H. Hoyer (MD-05) joined a letter led by U.S. Representative Kweisi Mfume (MD-07) alongside U.S. Senators Chris Van Hollen and Angela Alsobrooks (both D-MD) and Representatives Jamie Raskin (MD-08), Glenn Ivey (MD-04), Sarah Elfreth (MD-03), April McClain Delaney (MD-06), and Johnny Olszewski (MD-02) calling on the Administration to detail the repercussions of newly announced tariffs on the Port of Baltimore. This letter, sent to United States Secretary of Commerce Howard Lutnick, raises the lawmakers’ concerns regarding the latest announcement on tariffs, the costs for the American consumer, and the potential shock wave to major ports, industries, and workforces.
“The Port of Baltimore is one of the nation’s most vital hubs for commerce, and it plays a crucial role in national supply chains,” said the lawmakers.
“We are especially concerned about the latest announcement on tariffs considering the economic consequences for the American consumer. These tariffs effectively serve as a sales tax on consumers, placing the burden of revenue raising on American families. While White House trade adviser Peter Navarro stated recently that these tariffs are expected to raise about $600 billion a year in revenue, economists have clarified that the impact to consumers on spending will significantly reduce these revenue estimates. Instead, experts indicate these tariffs will raise prices for already-struggling consumers, trigger layoffs in industries with customers who rely on imports, and plunge our nation into a recession,” the lawmakers continued.
The Members also emphasized the resiliency of the Port of Baltimore after the collapse of the Francis Scott Key Bridge in their letter and its ability to retain its standing as the nation’s top-ranked port for wheeled farm and construction machinery and the second most utilized port for importing cars in 2024.
Considering the importance of the Port of Baltimore’s function in the local, state, national, and global economies, the lawmakers requested a response from Secretary Lutnick to the following inquiries within the next 14 days:
Full text of the letter can be viewed here and below.
April 7, 2025
The Honorable Howard Lutnick
Secretary of Commerce
1401 Constitution Avenue NW
Washington, D.C. 20230
Re: Implications of Newly Announced Tariffs on the Port of Baltimore
Dear Secretary Lutnick:
We write to you today to communicate our extreme concern about the implications of the recently announced tariff regime on the Port of Baltimore (the “Port”). On April 2, 2025,
President Trump issued an Executive Order, titled Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits (the “Executive Order”), that announced a minimum 10% tariff on all imported goods, to take effect April 5. On April 9, higher levels of “reciprocal” tariffs will be placed on goods imported from nations with which the United States has a trade deficit. This latest action comes one week after the Administration’s Executive Order titled, Adjusting Imports of Automobiles and Automobile Parts into the United States, which announced tariffs targeted at individual industries (i.e. automobiles, steel, aluminum) and countries (i.e. Canada, Mexico, China).
The Port of Baltimore is one of the nation’s most vital hubs for commerce, and it plays a crucial role in national supply chains. Last year, when the Francis Scott Key Bridge collapsed, the Port was closed for nearly two months, causing significant disruption to our economy. The state of Maryland estimates that approximately 15,000 direct jobs and 139,000 indirect jobs depend on the Port of Baltimore, generating an estimated $3.3 billion in personal revenue, $2.6 billion in business income, and more than $395 million in taxes. The local economic impact was such that the United States Small Business Administration and the United States Department of Labor responded by issuing Economic Injury Disaster Loans and Dislocated Worker Grants for businesses and workers that were directly affected by the bridge’s collapse and closure of the Port.
Despite the collapse, Baltimore’s resiliency speaks to the Port’s ability to retain its standing as our Nation’s top ranked Port for wheeled farm and construction machinery, and reigns as the nation’s second most utilized port for importing cars in 2024. In 2024, the Port of Baltimore exported more than $2.9 billion and imported nearly $23 billion in automobiles and light trucks. Additionally, the Port exported more than $2.92 billion in coal and more than $1.1 billion in agricultural equipment and materials. Overall, the Port of Baltimore exports roughly 28% of the nation’s coal, making it the second-largest coal exporting port in the United States.
We are especially concerned about the latest announcement on tariffs considering the economic consequences for the American consumer. These tariffs effectively serve as a sales tax on consumers, placing the burden of revenue raising on American families. While White House trade adviser Peter Navarro stated recently that these tariffs are expected to raise about $600 billion a year in revenue, economists have clarified that the impact to consumers on spending will significantly reduce these revenue estimates. Instead, experts indicate these tariffs will raise prices for already-struggling consumers, trigger layoffs in industries with customers who rely on imports, and plunge our nation into a recession.
Considering the Port of Baltimore’s critical importance to the economic wellbeing of the city, state, and our nation, we request a response to the following inquiries within 14 days:
Thank you for your prompt attention to this important matter. We look forward to your reply.
Sincerely,
Source: US Energy Information Administration
U.S. ENERGY INFORMATION ADMINISTRATION
WASHINGTON DC 20585
FOR IMMEDIATE RELEASE
April 10, 2025
The U.S. Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026, which contributes to significantly lower oil prices than previously forecast.
In its April Short-Term Energy Outlook (STEO), EIA points out significant uncertainties in energy supply, demand, and prices.
The STEO is based on current market conditions, and in the first week of April, numerous developments affected the global market—especially oil markets. On April 2, President Donald J. Trump signed an Executive Order announcing a minimum 10% tariff on imports from all countries, which also included higher tariffs on some countries. On April 4, China responded by imposing 34% tariffs on imports from the United States. Amid the tariff announcements, OPEC+ members announced on April 3 that some countries will start oil production increases in May that were originally set for July.
These announcements caused the Brent crude oil spot price to fall by 12% on April 2 to $68 per barrel on April 4. EIA completed its forecasts on April 7, so the April STEO includes some of the recent changes in the energy market, but the agency expects continued volatility as market participants respond to further developments.
| U.S. energy market indicators | 2024 | 2025 | 2026 |
|---|---|---|---|
| Brent crude oil spot price (dollars per barrel) | $81 | $68 | $61 |
| Retail gasoline price (dollars per gallon) | $3.30 | $3.10 | $3.10 |
| U.S. crude oil production (million barrels per day) | 13.2 | 13.5 | 13.6 |
| Natural gas price at Henry Hub (dollars per million British thermal units) | $2.20 | $4.30 | $4.60 |
| U.S. liquefied natural gas gross exports (billion cubic feet per day) | 12 | 15 | 16 |
| Shares of U.S. electricity generation | |||
| Natural gas | 42% | 40% | 40% |
| Coal | 16% | 16% | 15% |
| Renewables | 23% | 25% | 27% |
| Nuclear | 19% | 19% | 19% |
| U.S. GDP (percentage change) | 2.8% | 2.0% | 2.0% |
| U.S. CO2 emissions (billion metric tons) | 4.8 | 4.8 | 4.7 |
| Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 Note: Values in this table are rounded and may not match values in other tables in the STEO. |
|||
Some key highlights from the April STEO include:
The full April 2025 Short-Term Energy Outlook is available on the EIA website.
The product described in this press release was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analysis, and forecasts are independent of approval by any other officer or employee of the U.S. government. The views in the product and this press release therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies.
EIA Program Contact: Tim Hess, STEO@eia.gov
EIA Press Contact: Chris Higginbotham, EIAMedia@eia.gov
Source: US Energy Information Administration – EIA
Headline: EIA expects less oil demand and lower oil and gasoline prices in an uncertain market
U.S. ENERGY INFORMATION ADMINISTRATION
WASHINGTON DC 20585
FOR IMMEDIATE RELEASE
April 10, 2025
The U.S. Energy Information Administration (EIA) expects recent developments in global trade policy and oil production to contribute to lower global demand growth for petroleum products through 2026, which contributes to significantly lower oil prices than previously forecast.
In its April Short-Term Energy Outlook (STEO), EIA points out significant uncertainties in energy supply, demand, and prices.
The STEO is based on current market conditions, and in the first week of April, numerous developments affected the global market—especially oil markets. On April 2, President Donald J. Trump signed an Executive Order announcing a minimum 10% tariff on imports from all countries, which also included higher tariffs on some countries. On April 4, China responded by imposing 34% tariffs on imports from the United States. Amid the tariff announcements, OPEC+ members announced on April 3 that some countries will start oil production increases in May that were originally set for July.
These announcements caused the Brent crude oil spot price to fall by 12% on April 2 to $68 per barrel on April 4. EIA completed its forecasts on April 7, so the April STEO includes some of the recent changes in the energy market, but the agency expects continued volatility as market participants respond to further developments.
| U.S. energy market indicators | 2024 | 2025 | 2026 |
|---|---|---|---|
| Brent crude oil spot price (dollars per barrel) | $81 | $68 | $61 |
| Retail gasoline price (dollars per gallon) | $3.30 | $3.10 | $3.10 |
| U.S. crude oil production (million barrels per day) | 13.2 | 13.5 | 13.6 |
| Natural gas price at Henry Hub (dollars per million British thermal units) | $2.20 | $4.30 | $4.60 |
| U.S. liquefied natural gas gross exports (billion cubic feet per day) | 12 | 15 | 16 |
| Shares of U.S. electricity generation | |||
| Natural gas | 42% | 40% | 40% |
| Coal | 16% | 16% | 15% |
| Renewables | 23% | 25% | 27% |
| Nuclear | 19% | 19% | 19% |
| U.S. GDP (percentage change) | 2.8% | 2.0% | 2.0% |
| U.S. CO2 emissions (billion metric tons) | 4.8 | 4.8 | 4.7 |
| Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, April 2025 Note: Values in this table are rounded and may not match values in other tables in the STEO. |
|||
Some key highlights from the April STEO include:
The full April 2025 Short-Term Energy Outlook is available on the EIA website.
The product described in this press release was prepared by the U.S. Energy Information Administration (EIA), the statistical and analytical agency within the U.S. Department of Energy. By law, EIA’s data, analysis, and forecasts are independent of approval by any other officer or employee of the U.S. government. The views in the product and this press release therefore should not be construed as representing those of the U.S. Department of Energy or other federal agencies.
EIA Program Contact: Tim Hess, STEO@eia.gov
EIA Press Contact: Chris Higginbotham, EIAMedia@eia.gov
Source: Government of Ireland – Department of Jobs Enterprise and Innovation
10th April 2025
Niamh Smyth, Minister of State for Trade Promotion, Artificial Intelligence and Digital Transformation, signed a Memorandum of Understanding with His Excellency Dr Thani Al Zeyoudi, Minister of State for Foreign Trade, on the 10th of April in Dubai establishing a new Joint Economic Commission between Ireland and the United Arab Emirates.
Joint Economic Commissions are a valuable forum for officials to discuss and exchange information and consult on trade and economic issues. This agreement builds on longstanding links and cooperation between the two countries and enhances the bi-lateral relationship between Ireland and the UAE.
Bilateral trade between Ireland and the UAE with a value of nearly €8 billion annually, positions the UAE as Ireland’s largest trading partner in the Arab world.
Minister Smyth said:
“I would like to thank our Ambassador, Alison Milton, and her staff for their work in promoting our bilateral relations in the region. The warm reception I received today from Minister Thani Al Zeyoudi and his team is a reflection of the friendship that has grown over the last fifty years of diplomatic relations between Ireland and the UAE. It is very fitting that this agreement is being signed on the same day as Ireland is marking 50 years of diplomatic relations with the UAE.
“In that time, both of our countries have enjoyed sustained growth in our respective economies. That growth would not have been possible without our State Agencies, Enterprise Ireland, Bord Bia, the IDA, and Tourism Ireland, who work tirelessly to promote Ireland here in the UAE. Through these collective efforts, the bilateral relationship has reached truly remarkable heights.
“The Joint Economic Commission will give a new forum for further collaboration in areas such as trade and investment, aviation, education and research, renewable energy and green technology, healthcare and life sciences. Once fully established, it will serve as a vehicle to enhance internal cooperation and coordination, strengthening Ireland’s partnership with one of the most dynamic economies in the world, and one with huge potential for increased bilateral trade and investment.”
His Excellency Dr. Thani Al Zeyoudi said:
“The relationship between the UAE and Ireland is one of mutual respect and shared ambition. With a foundation built on trade and cooperation, we are well-positioned to explore new avenues for investment and collaboration. The signing of this MoU is a testament to our commitment to enhancing bilateral relations and unlocking the significant potential that exists between our two countries.”
Notes to the Editors
Ireland currently maintains active Joint Economic Commissions (JECs) with China, Saudi Arabia and the Republic of Korea which facilitate dialogue at official level across a range of economic, trade, investment, innovation and science and technology fields. This signing of this agreement with the UAE establishes a new JEC.
JECs provide a valuable forum for exchanges and experience-sharing regarding economic and industrial policies. They can act as a platform to progress mutually beneficial trade and investment promotion, raise market access or regulatory issues and support closer cooperation in priority areas such as science, innovation and technology, education, connectivity, labour markets, green and digital transformations, supply chain resilience, tourism and culture, agriculture and food security, health, aviation and aerospace, and cybersecurity. The format allows partners to receive a response on important trade and investment issues, to discuss WTO developments and to increase awareness of our countries and respective enterprise and economic priorities among key decision makers. A JEC can also provide a mechanism for progressing matters proposed already, for example, under previously suggested MoUs.
On the Irish side, the Department of Enterprise, Trade and Employment continue to lead on establishing and coordinating Ireland’s approach to JECs. In general, JECs meet on a biennial basis, at senior official level, with location alternating between the partners.
ENDS
Source: Government of Canada regional news (2)
As a result of a number of non-compliances that have gone unremedied by the provider, Jobs, Economy and Trade has put Play ‘N’ Fun Day Care on a probationary licence with a term to expire on July 9. Child Care Licensing is closely monitoring the program.
The licence holder is required to notify all parents of their probationary status and provide evidence of notification to the Ministry of Jobs, Economy and Trade. Families looking for alternative child-care options can contact Child Care Connect toll free at 1-844-644-5165 for information on other licenced programs or use the Child Care Look-up tool.
Anyone with concerns about a child-care program in their community or needing to report an incident can call Child Care Connect toll free at 1-844-644-5165.
The vast majority of child-care providers and educators in Alberta are committed to the safety and well-being of the children in their care.
However, if a licenced child-care program is unable to meet the standards set out by Alberta’s government, it can be subject to enforcement action, including suspension of its licence and probation. Through continued monitoring, further enforcement up to and including cancellation of a licence can occur if the level of risk continues or escalates.
If the licenced child-care program is unable to return to compliance during the probationary period, the suspended licence expires. Cancellation is the last resort with compliance being the goal.
Source: United States House of Representatives – Representative Don Beyer (D-VA)
Congressman Don Beyer (D-VA), who serves as the Senior House Democrat on Congress’ Joint Economic Committee, spoke yesterday during floor debate in opposition to the Republican budget resolution, legislation that would pave the way for GOP tax cuts for the wealthy and cuts to critical programs like Medicaid and SNAP. The resolution passed with all Democrats and two Republicans voting against.
Beyer’s remarks follow below, and video is available here.
I rise today in strong opposition to this budget resolution, a recipe for economic disaster for our country.
Americans have been clear – they want lower prices and an economy that works for them. Yet, at every turn, this budget, this Administration, and my Republican colleagues are doubling down on policies that undermine our economy and make wealth equality even worse.
I spent much of the day with Trade Ambassador Greer and it is clear that the Administration’s myth that tariffs will reshape the U.S. economy by bullying our closest allies is nothing more than a fantasy.
The Trump tariffs represent the largest tax hike in American history. They have caused chaos in the markets, and stripped [trillions] from Americans’ retirement plans. Consumer confidence is plummeting, reaching its lowest level in 12 years, and economists are increasingly convinced we are headed for a recession.
This budget will balloon our deficits, leading to higher interest rates. It will slash critical investments, and it will decimate essential programs that support the people we represent.
All of this to help billionaires and corporations get tax cuts that they do not need and our country cannot afford.
Source: Office of United States Attorneys
PITTSBURGH, Pa. – A resident of Pittsburgh, Pennsylvania, was sentenced in federal court on April 9, 2025, to five years in prison on his conviction of money laundering and conspiracy in connection with the sale and interstate transportation of stolen goods, Acting United States Attorney Troy Rivetti announced today.
Chief United States District Judge Mark R. Hornak imposed the sentence on Durrell Waters, 41, also ordering him to serve three years of federal supervised release following his imprisonment. A federal jury found Waters guilty on four counts of money laundering and one count of conspiracy in August 2024 (read the verdict news release here).
Prior to imposing sentence, Judge Hornak stated that the evidence presented against Waters was extensive, and that the victims of this crime included people experiencing addiction, retail establishments, and all consumers. Judge Hornak noted that, unlike some crimes that take place in a single event, Waters’s criminal conspiracy took place over the course of years and “required [Waters] to decide every day to keep doing this.” Judge Hornak emphasized the need for members of the public to be deterred from similar conduct and remarked that “a sentence without substantial imprisonment would be insufficient.”
According to information presented to the Court, Waters was one of the primary owners of a series of Pittsburgh and surrounding area second-hand or resale businesses called Trader Electronics, Last Call Entertainment, and The Outlet. From 2013 through 2016, Waters conspired with others to use these businesses as a front for a criminal fencing operation that sold over the internet a wide variety of health and beauty aids and over-the-counter medications like teeth whiteners, vitamins, hair and skin care products, makeup, and other similar items.
Waters’s stores and similar stores in the area knowingly engaged in high-volume purchases of stolen brand-new retail health and beauty aids and other products, such as new-release DVDs, from walk-in sellers who had shoplifted, or “boosted”, the items. Store records reflected that Waters and his businesses purchased hundreds of thousands of brand-new items, sometimes for less than 10% of their value, from a group of repeat shoplifters. Waters and his businesses then resold that stolen property online via several Amazon and eBay storefronts, with the proceeds from the stores’s main Amazon account totaling over $4.3 million during the conspiracy.
Evidence presented at sentencing highlighted the widespread and diverse economic and public health harms caused or aggravated by this conduct. Ripple effects from high-volume retail theft harm consumers by imposing more and more restrictive anti-theft measures in stores and costs every consumer hundreds of dollars per year. Additionally, many of the boosters were people experiencing drug addiction who used the money paid to them by Waters to finance their dependency and feed the drug epidemic.
Assistant United States Attorney Benjamin C. Dobkin prosecuted this case on behalf of the government.
Acting United States Attorney Rivetti commended the Internal Revenue Service – Criminal Investigation, Federal Bureau of Investigation, and United States Postal Inspection Service for the investigation leading to the successful prosecution of Waters. Police departments from the City of Pittsburgh, Ross Township, and Shaler Township also assisted in the investigation.
Source: GlobeNewswire (MIL-OSI)
| WithSecure Corporation, STOCK EXCHANGE RELEASE, 10 April 2025 at 6.30 PM (EET) | ||
| WithSecure Corporation: SHARE REPURCHASE 10.4.2025 | ||
| In the Helsinki Stock Exchange | ||
| Trade date | 10.4.2025 | |
| Bourse trade | Buy | |
| Share | WITH | |
| Amount | 15 000 | Shares |
| Average price/ share | 0,8596 | EUR |
| Total cost | 12 894,00 | EUR |
| WithSecure Corporation now holds a total of 416 890 shares | ||
| including the shares repurchased on 10.4.2025 | ||
| The share buybacks are executed in compliance with Regulation | ||
| No. 596/2014 of the European Parliament and Council (MAR) Article 5 | ||
| and the Commission Delegated Regulation (EU) 2016/1052. | ||
| On behalf of Withsecure Corporation | ||
| Nordea Bank Oyj | ||
| Janne Sarvikivi | Sami Huttunen | |
| Contact information: | ||
| Laura Viita | ||
| Vice President Controlling, Investor relations and Sustainability | ||
| WithSecure Corporation | ||
| Tel. +358 50 4871044 | ||
| Investor-relations@withsecure.com | ||
Attachment
Source: United Kingdom – Executive Government & Departments
Import claims from your case management system using new functionality in the Non-Standard Magistrate claims service
The Non-Standard Magistrate Claim service was successfully implemented as a replacement for the eForms service in September 2024.
We recently released an import feature within the service that allows you to upload claims exported from enabled case management software systems.
The ‘Import a Claim’ button on the ‘Your claims’ page, has, as of 24 March 2025, allowed a user to upload a claim exported in XML file format from their case management system. This will populate as much of the form as possible and help users complete their claims faster and with fewer errors.
This will be particularly helpful if you have many work items, as currently, these must be entered line by line.
We have heard and seen the difficulty providers have submitting these claims, especially when there are many work items to add. We really wanted to find a fast and simple solution to improve the efficiency of these submissions.
For this feature to work, your case management systems will need to be updated with the ability to export a claim to an XML file that maps to the correct schema.
Case management system providers should have received communications with this attached. However, if yours has not, you may pass on the schema linked in the further information section below.
Note that, without an export that maps to this specific schema, attempts to use the ‘import a claim’ feature will either not work or cause errors and therefore create a slower claim submission experience. If you cannot export a claim in this format, please talk to your case management system provider so that they may assist you in adding this capability.
The Non-Standard Magistrate Claim service has been informed by provider feedback, and we continue to welcome your feedback through the feedback link in the service.
We will continue to expand the functionality of the service, listening to feedback from providers to deliver a more accessible, user-friendly platform.
Schema for case management system providers
CRM7 replacement service launch – GOV.UK
Contact Online Support on NSCC@justice.gov.uk for technical issues.
Contact Magistrates Billing on 0300 20 20 20 or email magsbilling@justice.gov.uk for queries about claims and guidance.
Source: US International Brotherhood of Boilermakers
The Boilermakers union welcomed 145 new members in March after workers in the machine shop micro-unit at BWXT, Lynchburg, Virginia, voted in favor of unionizing. According to Northeast Area organizer John Bland, workers contacted Local 45 Business Manager/Secretary-Treasurer Kevin Battle in late December seeking information and help organizing.
He said workers were fed up with working conditions and constantly changing rules. The Boilermakers and other unions had attempted at least three prior organizing efforts at BWXT since 2008, so some of the machinists had heard the message about how unionizing could provide a voice for them on the job. The time was right to organize.
“As soon as Kevin got the call, everyone got moving on it,” Bland said. M.O.R.E. Work Investment funds helped support the Boilermakers’ organizing efforts.
Workers inside the unit were especially key in communicating and ultimately making the campaign a success. Because BWXT is a secured nuclear operation, the massive facility is not accessible to visitors, such as union organizers. For security purposes, even inside the facility some units, areas and workers are off-limits to one another.
“The workers took charge early on,” agreed IR Tim Tolley, who was part of the IBB organizing team. “These guys were shot out of a cannon and came to us organized and ready to go forward. You could tell they were fed up. It was a perfect storm for organizing.”
He echoed that the biggest catalyst for the workers to unionize was the “constantly moving goal post” as the company continuously changes rules and conditions. While wages usually are an issue, at BWXT it was more about the way workers were being treated and disrespected at work.
“This time organizing worked because we had more people that were tired of being bullied. They wanted true change,” said Chris Davis, who’s been a BWXT machinist for 19 years. “I’m most looking forward to getting a contract and a set of rules.”
Tolley said the machinists are set to elect their bargaining committee in early April so they can get to work on their first contract.
“The things they’re asking for are attainable,” he said. “We told them we couldn’t promise anything but a seat at the table, and that’s exactly what they’re looking for. Now, they’re looking forward to negotiating their first contract.”
Unfortunately, a vote in March at Siemens Mobility in Sacramento, California, was a no-go to unionize—at least for now. For more than a year, Boilermakers had been working with the International Brotherhood of Electrical Workers as “Siemens Workers United” to organize more than 1,600 workers who manufacture light rail vehicles for a variety of transit agencies. Siemens is a global company headquartered in Germany. While the company is generally union-friendly in Germany, many of Siemens’ North American operations have resisted unionization.
Workers interested in unionizing in Sacramento rallied around issues such as inadequate health and welfare benefits, low pay, pay disparity, gender inequality, safety and poor working conditions, such as extreme heat.
Lawrence Garcia, a four-year employee who works in the coach weld shop, said the wages are too low, especially considering cost of living in the area.
“I know guys who work 12-hour days or 10-hour days just to keep buying rent. I even know guys who work two jobs, just to keep from going on the streets,” he said. “The pay is not worth it.” Until recently, welders at Siemens were paid less than the $20/hour McDonald’s worker wage dictated by California.
Alan Scovill, a weld inspector who’s worked for Siemens for a decade, told The Sacramento Bee that he hadn’t been to a doctor in three years. He pays $500 month from his paycheck for his family’s health insurance coverage, and he can’t afford the medical co-pays.
While reasons to unionize were plentiful, the campaign faced some unique challenges. In addition to the usual union-busting tactics from the company, organizers also had a daunting task to reach workers on a massive campus – 60 acres, 11 buildings and many different departments – plus, communicating to workers in six languages and with multiple cultural nuances.
Organizers from the Boilermakers and IBEW worked daily, building allies, dispelling myths, answering questions, knocking on doors and deploying myriad tactics to help workers understand what unions are and how unionizing gives workers a voice and a seat at table through collective bargaining.
The M.O.R.E. Work Investment Fund provided organizing support and communications resources, including billboards, signage, fliers, digital ads and social media presence, and materials were translated into multiple languages. The unions also gained support from global unions IG Metall and IndustriALL, the California Federation of Labor Unions, State Building and Construction Trades Council of California and prominent local and state congress members. At the end of the day, it wasn’t enough to overcome Siemens Sacramento’s anti-union tactics and secure the 50% “yes” vote. This time.
The unions must wait a full 12 months before petitioning for another union vote. That’s time to continue building positive momentum and for those who voted “no” this time to see if Siemens will live up to the promises they made in fighting against the unions.
“If Siemens chooses now to make positive changes for workers, it’s because of the courage of workers standing together,” said organizer Pablo Barrera.
“Although we didn’t win the vote, we are amazed by the courage of the hundreds of workers who stood together for a better future for their colleagues and their families,” said IVP-Western States J. Tom Baca. “This is not the end. It’s just the beginning, and the fight goes on.”
Read a December 2024 Boilermaker Reporter article about earlier Siemens organizing work
Read more
Source: {United States House of Representatives – Congressman Bobby Scott (3rd District of Virginia)
Headline: Labor Leaders Introduce Bill to Raise Minimum Wage
As originally released by the Committee on Education and Workforce, Democrats
WASHINGTON – Today, Ranking Member Robert C. “Bobby” Scott (D-VA-03), House Committee on Education and Workforce, and Ranking Member Bernie Sanders (I-VT), Senate Committee on Health, Education, Labor, and Pensions, introduced the Raise the Wage Act of 2025. According to the Economic Policy Institute, the Raise the Wage Act would gradually raise the minimum wage to $17 by 2030 and give roughly 22 million Americans a long-overdue raise.
After more than fifteen years with no increase in the federal minimum wage—the longest period in U.S. history—millions of our nation’s workers are working full-time jobs but are still struggling to make ends meet. The Raise the Wage Act is good for workers, good for business, and good for the economy. When we put money in the pockets of workers, they will spend that money at local businesses.
“No person working full-time in America should be living in poverty. The Raise the Wage Act will increase the pay and standard of living for nearly 22 million workers across this country. Raising the minimum wage is good for workers, good for business, and good for the economy. When we put money in the pockets of American workers, they will spend that money in their communities,”said Scott.
“The $7.25 an hour minimum wage is a starvation wage. It must be raised to a living wage – at least $17 an hour,” Sanders said. “In the year 2025, a job should lift you out of poverty, not keep you in it. At a time of massive income and wealth inequality, we can no longer tolerate millions of workers trying to survive on just $10 or $12 an hour. Congress can no longer ignore the needs of the working class of this country. The time to act is now,”said Sanders.
TheRaise the Wage Act of 2025would:
The Raise the Wage Act of 2025 has 142 original House co-sponsors, including Robert C. “Bobby” Scott (VA-03), Greg Casar (TX-35), Jahana Hayes (CT-05), Alma S. Adams (NC-12), Gabe Amo (RI-01), Yassamin Ansari (AZ-03), Becca Balint (VT-00), Nanette Diaz Barragán (CA-44), Joyce Beatty (OH-03), Donald S. Beyer (VA-08), Suzanne Bonamici (OR-01), Brendan F. Boyle (PA-02), Shontel M. Brown (OH-11), Julia Brownley (CA-26), Nikki Budzinski (IL-13), Salud O. Carbajal (CA-24), André Carson (IN-07), Sean Casten (IL-06), Kathy Castor (FL-14), Joaquin Castro (TX-20), Sheila Cherfilus-McCormick (FL-20), Judy Chu (CA-28), Yvette D. Clarke (NY-09), Emanuel Cleaver (MO-05), James E. Clyburn (SC-06), Herbert Conaway (NJ-03), Gerald E. Connolly (VA-11), Joe Courtney (CT-02), Angie Craig (MN-02), Jason Crow (CO-06), Danny K. Davis (IL-07), Madeleine Dean (PA-04), Diana DeGette (CO-01), Rosa L. DeLauro (CT-03), Suzan K. DelBene (WA-01), Christopher R. Deluzio (PA-17), Mark DeSaulnier (CA-10), Maxine Dexter (OR-03), Debbie Dingell (MI-06), Lloyd Doggett (TX-37), Sarah Elfreth (MD-03), Veronica Escobar (TX-16), Cleo Fields (LA-06), Bill Foster (IL-11), Valerie P. Foushee (NC-04), Laura Friedman (CA-30), Maxwell Frost (FL-10), John Garamendi (CA-08), Jesús “Chuy” García (IL-04), Robert Garcia (CA-42), Dan Goldman (NY-10), Jimmy Gomez (CA-34), Josh Gottheimer (NJ-05), Al Green (TX-09), Steven Horsford (NV-04), Steny Hoyer (MD-05), Val T. Hoyle (OR-04), Jared Huffman (CA-02), Glenn Ivey (MD-04), Jonathan L. Jackson (IL-01), Sara Jacobs (CA-51), Pramila Jayapal (WA-07), Hank Johnson (GA-04), Julie Johnson (TX-32), Sydney Kamlager-Dove (CA-37), Marcy Kaptur (OH-09), Bill Keating (MA-09), Robin L. Kelly (IL-02), Timothy M. Kennedy (NY-26), Ro Khanna (CA-17), Raja Krishnamoorthi (IL-08), Rick Larsen (WA-02), Summer Lee (PA-12), Teresa Leger Fernandez (NM-03), Ted Lieu (CA-36), Stephen Lynch (MA-08), Seth Magaziner (RI-02), John W. Mannion (NY-22), Doris O. Matsui (CA-07), Lucy McBath (GA-06), Sarah McBride (DE-At Large), Jennifer McClellan (VA-04), Betty McCollum (MN-04), Morgan McGarvey (KY-03), James P. McGovern (MA-02), LaMonica McIver (NJ-10), Robert Menendez (NJ-08), Grace Meng (NY-06), Kweisi Mfume (MD-07), Gwen Moore (WI-04), Joseph D. Morelle (NY-25), Seth Moulton (MA-06), Frank J. Mrvan (IN-01), Kevin Mullin (CA-15), Joe Neguse (CO-02), Donald Norcross (NJ-01), Eleanor Holmes Norton (DC-At Large), Alexandria Ocasio-Cortez (NY-14), Ilhan Omar (MN-05), Frank Pallone Jr. (NJ-06), Jimmy Panetta (CA-19),Brittany Pettersen (CO-07), Chellie Pingree (ME-01), Mark Pocan (WI-02), Ayanna Pressley (MA-07), Mike Quigley (IL-05), Delia C. Ramirez (IL-03), Jamie Raskin (MD-08), Deborah K. Ross (NC-02), Patrick Ryan (NY-18), Andrea Salinas (OR-06), Linda T. Sánchez (CA-38), Mary Gay Scanlon (PA-05), Janice D. Schakowsky (IL-09), Bradley Scott Schneider (IL-10), Terri A. Sewell (AL-07), Brad Sherman (CA-32), Mikie Sherrill (NJ-11), Lateefah Simon (CA-12), Darren Soto (FL-09), Melanie A. Stansbury (NM-01), Haley M. Stevens (MI-11), Marilyn Strickland (WA-10), Suhas Subramanyam (VA-10), Thomas R. Suozzi (NY-03), Eric Swalwell (CA-14), Mark Takano (CA-39), Shri Thanedar (MI-13), Bennie G. Thompson (MS-02), Mike Thompson (CA-04), Dina Titus (NV-01), Rashida Tlaib (MI-12), Jill N. Tokuda (HI-02), Paul Tonko (NY-20), Ritchie Torres (NY-15), Lori Trahan (MA-03), Lauren Underwood (IL-14), Juan Vargas (CA-52), Debbie Wasserman Schultz (FL-25), Maxine Waters (CA-43), Nikema Williams (GA-05), and Frederica S. Wilson (FL-24).
The Raise the Wage Act of 2025 has been endorsed by 85 organizations including, AFL-CIO, American Association of People with Disabilities (AAPD), American Council of the Blind, American Federation of State, County and Municipal Employees (AFSCME), American Federation of Teachers (AFT), American Friends Service Committee, American Public Health Association, Americans for Democratic Action (ADA), Autistic People of Color Fund, Autistic Self Advocacy Network (ASAN), Business for a Fair Minimum Wage, California LGBTQ Health and Human Services Network, Care in Action, Center for Law and Social Policy (CLASP), Center for LGBTQ Economic Advancement & Research (CLEAR), Clearinghouse on Women’s Issues, Coalition on Human Needs, Communications Workers of America (CWA), Congregation of Our Lady of Charity of the Good Shepherd U.S. Provinces, the Council for Global Equality, Council of State Administrators of Vocational Rehabilitation (CSAVR), Demos, Economic Policy Institute (EPI), Equal Pay Today, Family Values @ Work, Feminist Majority Foundation, First Focus Campaign for Children, Food Research & Action Center (FRAC), The General Board of Church and Society of The United Methodist Church, Gig Workers Rising, Indivisible, Institute for Policy Studies’ Poverty Project, International Union of Painters and Allied Trades (IUPAT), Justice for Migrant Women, Lawyers’ Committee for Civil Rights Under Law, Legal Momentum, Milwaukee Area Service & Hospitality Workers Union, MomsRising, Movement Advancement Project (MAP), National Advocacy Center of the Sisters of the Good Shepherd, National Asian Pacific American Women’s Forum, National Association of Councils on Developmental Disabilities, National Association of Social Workers, National Black Worker Center, National Center for Law and Economic Justice (NCLEJ), National Coalition for the Homeless, National Council of Jewish Women, National Disability Institute, National Disability Rights Network (NDRN), National Domestic Workers Alliance (NDWA), National Education Association (NEA), National Employment Law Project (NELP), National Employment Lawyers Association, National Immigration Law Center (NILC), The National Partnership for Women & Families, National Women’s Law Center (NWLC), NETWORK Lobby for Catholic Social Justice, New Disabled South, Oasis Legal Services, One Fair Wage, Oxfam America, Patriotic Millionaires, People Power United, Popular Democracy in Action, Pride at Work AFL-CIO, Public Advocacy for Kids, Public Justice Center, Service Employees International Union (SEIU), Southern Poverty Law Center, Union for Reform Judaism, UNITE HERE, United Autoworkers (UAW), United Church of Christ, United Food and Commercial Workers (UFCW), United for Respect, United Steelworkers (USW), Voices for Progress, Worker Justice Center of New York, Workers’ Injury Law & Advocacy Group, Working Partnerships USA, Workplace Fairness, Workplace Justice Lab, and Worksafe.
To read the bill text for the Raise the Wage Act of 2025, click here.
To read the fact sheet on the Raise the Wage Act of 2025, click here.
To read the section-by-section Raise the Wage Act of 2025, click here.
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Source: US Congressman Mike Lawler (R, NY-17)
Washington, D.C. – 4/9/2025… This week, Congressman Mike Lawler (NY-17) and a bipartisan coalition of lawmakers reintroduced the Remote Access Security Act. This legislation closes a loophole in U.S. export control law that has allowed CCP-aligned companies to access restricted American technology through cloud services. The bill received unanimous bipartisan support in the House Foreign Affairs Committee, passing with a 51-0 vote.
The Export Control Reform Act of 2018 (ECRA) gave the U.S. the authority to regulate the export of sensitive items to ensure that advanced tech with military implications does not fall into the hands of our adversaries. But as technology has progressed, controlled items may be accessed remotely, allowing our adversaries to skirt the law. This bill defines “remote access” and adds remote access provisions into ECRA, closing this loophole.
“Our export controls are only as strong as the weakest link – and right now, China is exploiting us,” said Congressman Lawler (NY-17). “While we’ve blocked the physical export of sensitive chips and technology, they are still accessible through cloud technologies. That’s unacceptable.”
“We cannot allow the CCP to continue to access this technology. This bill ensures our laws reflect the realities of the digital age,” Congressman Lawler concluded. “I’m proud this legislation passed with overwhelming support in Committee and look forward to pushing forward on this effort to get it signed into law.”
Cosponsors include Reps. Jasmine Crockett (TX-30), Rich McCormick (GA-07), Brad Sherman (CA-32), John Moolenaar (MI-02), Raja Krishnamoorthi (IL-08), Bill Huizenga (MI-04), Sydney Kamlager-Dove (CA-37), Claudia Tenney (NY-24), Jonathan Jackson (IL-01), and Young Kim (CA-40).
Congressman Lawler is one of the most bipartisan members of Congress and represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties. He was rated the most effective freshman lawmaker in the 118th Congress, 8th overall, surpassing dozens of committee chairs.
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Full text of the bill can be found HERE.
Source: United States House of Representatives – Congressman Jimmy Panetta (D-Calif)
Washington, DC – United States Representative Jimmy Panetta (CA-19) recently questioned U.S. Trade Representative Jamieson Greer at a recent House Ways and Means Committee. During his line of questioning, Rep. Panetta called out the faulty economic data behind the Trump Administration’s chaotic tariff policies.
During the hearing, President Trump announced on social media that the Administration would place a 90-day pause on new tariffs on most nations, while raiding tariffs on China to 125 percent. U.S. Trade Representative Greer said he was not informed about this new trade policy.
“It is the largest self-inflicted wound to our economy in history, a self-inflicted wound that if it stays in place, it could constitute the largest tax increase on working families in more than 40 years, costing households more than $3,800,” said Rep. Panetta. “I know that the president is saying, ‘we’re getting screwed,’ but the fact is, Trump is screwing us with these incoherent and inchoate tariffs. In the short term and in the long term, domestically and internationally, and for our economy and for our national security, they are making us weaker.”
Rep. Panetta questions the Administration’s top trade representative.
Click play on the above video or click HERE to watch his remarks.
A transcript of Rep. Jimmy Panetta’s remarks during the Ways and Means Committee hearing is below:
“Before this week, talked to a lot of my colleagues about you. They actually said a lot of good things about you. You had a good reputation until this week, I have to say, because I actually wanted to work with you on solutions when it comes to free trade agreements. I think we still can once we get past this, and I hope that’s the case, but unfortunately, you’re defending a policy here from President Trump that’s absolutely incoherent.
“It’s a self-imposed tariff regime of ten times the amount of tariffs that were in place before this president took office. It is the largest self-inflicted wound to our economy in history, a self-inflicted wound that if it stays in place, it could constitute the largest tax increase on working families in more than 40 years, costing households more than $3,800.
“Per year, a self-inflicted wound that prompted one of the largest three day moves on the markets since World War II, and it’s a self-inflicted wound that’s leading investors to expect a severe economic slowdown. Eight years ago, this president talked about American carnage. Little did we know that he would create economic carnage that is spreading something similar across the entire global economy.
“Now the reason for these tariffs is based on a national emergency that we have trade deficits according to him and you. Unfortunately, the president’s thinking about trade is reflected in this policy. This weekend, after the markets tanked, after a small businesses fretted and after the president played golf all weekend, the president said, I consider any trade deficit a loss.
“That type of scorecard thinking combined with the president’s 40-year fetish for tariffs. That has put this policy in place and put us in the global economy in this position. Now, I know the president is painting all trade deficits as bad, but they are a product of larger macroeconomic factors relating to a number of things as you know well, savings, investments, cultural demographics, and so on.
“But the President is acting completely irrational when it comes to trade deficits. He believes that trade deficits are subsidies paid by Americans to other countries. His scorecard ignores our trade surpluses and services to the tune of $250 billion annually. He is oblivious to the relationship of trade deficits to foreign investment in America in that when we send dollars abroad for goods and services, most of those dollars ultimately come back to America, and he refuses to grasp that tariffs are taxes paid by American importers and Americans, not foreigners.
“A perfect example of this unreasonableness is our reasonable trade deficit with Canada. The reason we have a trade deficit with Canada is because starting with FDR, we entered into an agreement that would sell US oil at well below market prices. We entered into and maintain that deal because we may and we maintain the trade deficit with Canada so that we can buy cheap oil, which is a huge benefit for America.
“And if we took that oil out of our trade relationship, guess what? We’d have a trade surplus. Yet Trump says we’re getting ripped off even though we are actually getting the benefit of that sweetheart deal. Now, absolutely, sometimes a trade deficit is a loss. Foreign trade barriers are a problem that includes tariffs and non-tariff barriers, but there are ways to remedy these things.
“Free trade agreements don’t require a tariff policy that cripples our economy. Yet due to the President’s fetish for tariffs and superficial thinking on trade deficits, the president has imposed a trade policy that makes the global baseline of 10% with countries that have trade surpluses like Singapore, Australia, Netherlands.
“Countries we have free trade agreements are getting tariffs at 10%. Countries that are free trade countries are getting tariff at 10%. It does not make sense.
“If other countries eliminate their tariffs and we eliminate ours, that’s just deal making. And we don’t raise revenue and businesses don’t relocate to the us. If it’s a permanent revenues source and you want to relocate to the us, then going to have these tariffs permanently and there are not going to be any deals.
“So, what is clear is that you can’t have it both ways. Additionally, tariffs undermine our national security as we’re seeing in the Indo-Pacific region. Look, I know the president wants to bring back the rust belt. I get that. But a big part of that is political. It’s nostalgia. And nostalgia, as they say, is the rust of memory.
“We are not victims here. Our economy is the envy of the world, partly because it was our choice to invest in other countries over saving. It was our choice to have bilateral trade deficits. This is not some unexpected crisis here. This is no extraordinary or unusual threat. This is because we chose to invest in other countries where labor is cheaper and therefore products are cheaper.
“And as we know it’s okay for working families to want to pay low prices for products in this country. I know that the president is saying, ‘we’re getting screwed,’ but the fact is, is that Trump is screwing us with these incoherent tariffs. That in the short term and in the long term, domestically and internationally, and for our economy and for our national security, they are making us weaker.”
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Source: United States House of Representatives – Congressman Chris Pappas (D-NH)
Today Congressman Chris Pappas (NH-01) announced he is cosponsoring the Public Service Freedom to Negotiate Act, bicameral legislation to guarantee the right of public sector employees to organize, and the Protect America’s Workforce Act, bipartisan legislation to nullify a recent Trump Administration Executive Order ending collective bargaining rights for a wide-ranging group of federal employees.
The Public Service Freedom to Negotiate Act would establish baseline federal protections to ensure all public service workers can join a union and negotiate workplace conditions, regardless of state law. The bill comes at a critical time, as recent federal actions have renewed attention on the collective bargaining rights of public employees, including those serving in national security-related agencies.
The Protect America’s Workforce Act would nullify President Trump’s March 27 executive order seeking to end collective bargaining rights for unionized federal employees across several agencies.
“Working families are the engine that drive our economy, but all too often we’ve seen the right to organize for better wages, safe conditions, and full benefits come under attack, including by this administration’s recent attempt to roll back collective bargaining rights for federal employees,” said Congressman Pappas. “All workers, including public employees, deserve to be able to collectively bargain for fair wages and safe working conditions, and I am proud to support legislation that will ensure those who put in a hard day’s work have a seat at the table and a say in their future.”
The Public Service Freedom to Negotiate Act is supported by the American Federation of State, County and Municipal Employees (AFSCME); the Communications Workers of America (CWA); American Federation of Teachers (AFT); AFL-CIO; Amalgamated Transit Union (ATU); Department for Professional Employees, AFL-CIO (DPE); International Brotherhood of Teamsters; International Association of Machinists and Aerospace Workers (IAM); International Alliance of Theatrical Stage Employees (IATSE); International Federation of Professional and Technical Engineers (IFPTE); International Union of Police Associations (IUPA); International Union of Painters & Allied Trades (IUPAT); Laborer’s International Union of North America (LiUNA); National Education Association (NEA); National Nurses United; Service Employees International Union (SEIU); Transport Workers Union of America (TWU); UNITE HERE!; United Autoworkers; United Steelworkers (USW).
“Passing this legislation has never been more urgent — especially now, as federal workers face unprecedented attacks on their collective bargaining rights,” said AFSCME President Lee Saunders. “We believe, as most Americans do, that every worker deserves a union — no matter who they work for. This bill is about something fundamental: respect. Respect for the public service workers who’ve devoted their careers to serving their communities. And respect means the freedom to negotiate.”
“When workers stand together in a union, their jobs and lives improve. But in half of the country, the people who keep our cities and towns running are banned from collectively bargaining for a good union contract. Every day, the attacks on the fundamental freedoms of workers who keep our streets and water clean, our public transportation moving, and our children learning are increasing from the highest level of government. We need federal law to protect their rights to form a union and negotiate fair contracts that allow them to continue to do the work that is so essential to our communities. We call on every member of Congress to stand with working people and support the Public Service Freedom to Negotiate Act,” said AFL-CIO President Liz Shuler.
“For years now, the rights of workers like nurses, librarians, educators, and all our essential public servants who dedicate themselves to our communities have been chipped away at, despite their dedication and selfless service to their communities,” said Claude Cummings Jr., president of the Communications Workers of America. “That’s why the Public Service Freedom to Negotiate Act is so vital. It protects public sector workers’ fundamental right to join together, bargain for fair pay, and stand up for decent working conditions. Congress needs to step up and pass this now and push back against efforts trying to undermine these essential rights.”
“As education, healthcare and public service workers, our members make a difference in the lives of others every day. But too many states don’t allow the people who do the work to have a voice,” said Randi Weingarten, President of AFT. “The Public Service Freedom to Negotiate Act would change that, ensuring public servants, no matter where they reside, have a means to influence their own lives. Whether it’s higher wages, safer working conditions, or a secure retirement, the ability to organize a union and bargain collectively lifts working families, students, patients, and entire communities up. That’s why we enthusiastically support this legislation and are committed to moving it forward.”
The Protect America’s Workforce Act is supported by the AFL-CIO, the American Federation of Government Employees (AFGE), American Federation of Teachers (AFT), American Federation of State, County and Municipal Employees (AFSCME), International Federation of Professional and Technical Engineers (IFPTE), National Federation of Federal Employees (NFFE), National Postal Mail Handlers Union (NPMHU), National Treasury Employees Union (NTEU), Professional Aviation Safety Specialists (PASS), and Service Employees International Union (SEIU).
“Donald Trump is trying to end collective bargaining for hundreds of thousands of federal workers, silencing their voices and ripping up their contracts. This order would strike a blow to every American’s fundamental right of freedom of speech and association,” said AFL-CIO President Liz Shuler. “More than 70 percent of Americans and nearly 9 in 10 young people support unions — no one voted to attack the freedom to organize with our co-workers for a better life. We commend the leadership of Reps. Jared Golden and Brian Fitzpatrick for using Congress’ power to reverse this executive order. The labor movement is 100 percent behind this bill, and we call on every member of Congress, Democrat and Republican, to take a stand in support of our fundamental rights by backing this critical legislation.”
Last month, Congressman Pappas helped reintroduce H.R. 20, the Richard L. Trumka Protecting the Right to Organize (PRO) Act, a comprehensive, bipartisan proposal to protect workers’ right to come together and bargain for higher wages, better benefits, and safer workplaces, and spoke out forcefully against news that the Trump administration had moved to end collective bargaining rights for a wide-ranging group of federal employees.
Source: Hong Kong Information Services
In view of the reckless tariff imposition by the US, including the further increase in the so-called reciprocal tariffs, the Hong Kong Export Credit Insurance Corporation (ECIC) today introduced measures to support the export trade in Hong Kong and help enterprises expedite their expansion into new markets.
From now until June 30 next year, the ECIC will extend the free pre-shipment cover for holders of the Small Business Policy (SBP), while offering a 50% discount on pre-shipment risks to cover premiums for non-SBP holders.
In addition, to reduce costs and assist exporters in tapping into Association of Southeast Asian Nations markets, the ECIC will reduce the premium rates for new markets, brining the rates in line with those for traditional major markets.
Secretary for Commerce & Economic Development Algernon Yau said: “The US has been repeatedly changing its policies, increasing tariffs within days and imposing the so-called reciprocal tariffs against Hong Kong notwithstanding that we have never implemented any tariffs. It is totally illogical and ungrounded, once again showing the US’ bullying act for suppressing its competitors.
“I call upon the business community to unite and face the challenges together, with a view to jointly counteracting the unreasonable coercion of the US.”
Further to the Policy Address initiative on increasing the maximum indemnity percentage of the ECIC to 95%, the measures rolled out by the ECIC today can help accelerate Hong Kong companies’ expansion into new and diversified markets, he remarked.
Since the US’ announcement of the so-called reciprocal tariffs last week, Mr Yau has met representatives of major local chambers of commerce, small and medium enterprise associations, as well as representatives of industries that are more affected by the tariffs, including the jewellery, textiles and garment, food, and aluminium industries, to listen to their views and discuss measures in response to the incident.
The bureau stressed that it will maintain close liaison with the business community to jointly respond to the US’ unreasonable coercion. It will also provide support to the small and medium enterprises through various funding schemes and support measures in managing cash flow, enhancing competitiveness and expanding into more diversified markets.
Source: City of Stoke-on-Trent
Published: Thursday, 10th April 2025
A Stoke-on-Trent trader has been sentenced following a successful trading standards operation targeting the sale of illegal tobacco and vapes.
It follows an age restricted sales exercise by Stoke on Trent’s trading standards team aimed at protecting young people in Stoke-on-Trent.
The exercise in November 2023 found that a vape sold to two 15 year old under age volunteers at the International Mini Market in Longton contained three times the legal amount of nicotine.
A subsequent inspection found a large quantity of illegal vapes, tobacco and cigarettes behind the counter and in concealed storage areas, that were then seized.
Overall, as part of the operation, the team seized 349 illegal disposable e-cigarettes, 57.8kg of hand rolling tobacco and 1,319 packets of illegal cigarettes, with a total genuine retail value of over £50,000.
Hawjin Mustafa, the owner of the business at the time, pleaded guilty to all charges and has been sentenced by Stoke on Trent Crown Court to 8 months in custody, suspended for 18 months, 200 hours of unpaid work and £1,000 costs.
Councillor Amjid Wazir OBE, cabinet member for pride, enforcement and sustainability at Stoke-on-Trent City Council, said: “The sale of illegal tobacco and vapes poses serious risks – particularly to children and young people.
“Our Trading Standards Team work tirelessly to remove illegal tobacco and vapes off our streets, as we strive to create a cleaner, greener city that everybody feels safe in and reduce health inequality.
“Our message is simple: if you choose to sell illegal tobacco or vapes in Stoke-on-Trent, you will face serious consequences.”
The sentencing forms part of ongoing efforts by Stoke-on-Trent City Council to reduce the availability of illegal and harmful products and to protect public health.
Anyone with concerns about illegal tobacco, vapes, underage sales, or restricted products such as knives can contact Trading Standards on the hotline at 01782 238884 or visit www.stoke.gov.uk/tradingstandards.
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, April 10, 2025 (GLOBE NEWSWIRE) — HTX, a leading global cryptocurrency exchange, today announced significant growth in its margin trading platform, demonstrating its effectiveness in navigating the current volatile market conditions. The platform reported a 60% year-over-year increase in trading volume and a 16% increase compared to the previous quarter, with a remarkable 565% year-over-year and 79% quarter-over-quarter surge in margin loan users.
HTX’s robust margin trading growth stems from key competitive advantages, notably its lower loan interest rates and enhanced flexibility compared to other platforms. For example, its USDT margin loan interest rate stood at 3.99% on April 3, below the market average of 4.38%.
Crucially, HTX maintained relatively low and stable rates even during periods of significant market volatility, a contrast to competitors whose rates often experienced sharp increases.. This stability not only reduces costs for users but also provides crucial support for maintaining long-term positions.
Whether you’re quick-scoping for short-term gains or planning your next big move on the charts, HTX’s margin trading tools deliver both flexibility and performance, catering to both short-term trading strategies and long-term investment plans. The platform’s sophisticated risk management system and innovative features are designed to maximize potential gains while effectively mitigating risks
Technological Advancements Enhance User Experience on HTX
HTX didn’t just stop at offering solid margin trading but was on a mission to revolutionize the user experience throughout 2024. Key upgrades include:
These developments are all about cutting trading costs, enhancing security, and creating a more user-centric trading environment.
HTX also boasts the latest upgrade for margin trading – the merging of the auto borrowing and repayment processes into a one-click “Auto” feature. This demonstrates HTX’s keen understanding of user needs and aims to simplify the trading process.
The revamped trading interface now offers users a clear choice between Manual and Auto modes, reducing complexity and allowing traders to concentrate on their strategies.
This upgrade is proven to the exchange’s ongoing commitment to improving its margin trading services, focusing on smarter and more convenient trading tools through improvements in both design and functionality.
Looking Ahead: HTX’s Next Wave of Margin Trading Innovation
HTX Margin’s evolution from a basic lending service to a comprehensive margin trading powerhouse—complete with high leverage, dynamic rates, phased liquidation, and an insurance fund—has taken just under two years.
HTX is committed to continuous innovation in this area. In the second quarter of 2025, a comprehensive upgrade to HTX’s margin trading platform is anticipated. This upgrade will introduce the flexibility to seamlessly switch between isolated and cross margin modes, along with advanced tools for intelligent fund allocation and automated risk management.
Plus, a major overhaul of HTX’s margin trading interface is on the horizon, featuring a new real-time profitability dashboard slated for launch by late Q2 or early Q3. This feature promises to provide a better trading experience and data display, helping you fine-tune strategies and manage your trades like a true crypto veteran.
In a market where volatility is the new normal, HTX’s margin trading service provides more than just a tool—it offers a strategic advantage. By combining cutting-edge technology with a user-focused approach, HTX is empowering cryptocurrency enthusiasts to not only navigate market uncertainty but to capitalize on opportunities within it.
Contact:
Ruder Finn Asia
glo-media@htx-inc.com
Disclaimer: This press release is provided by HTX. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector–including cryptocurrency, NFTs, and mining–complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. Speculate only with funds that you can afford to lose. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility.
Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/736d2b57-f9c5-4581-a9b2-a3667faa4c1e
Source: GlobeNewswire (MIL-OSI)
SINGAPORE, April 10, 2025 (GLOBE NEWSWIRE) — In a market where traders seek flexibility, higher potential returns, and minimal fees, BexBack Exchange is stepping up its game with an exciting new promotion. To enhance the trading experience and empower its users, BexBack is offering 100x leverage on cryptocurrency futures trading along with a double deposit bonus. This initiative brings unmatched opportunities for both seasoned and new traders alike.
Double Deposit Bonus — Earn Up to 10 BTC in Bonuses!
BexBack is introducing a 100% deposit bonus, meaning that when you deposit, you will receive an additional bonus equivalent to your deposit — effectively doubling your funds. For example, if you deposit 1 BTC, you’ll receive 1 BTC as a bonus. This bonus can be used for trading, giving you the power to open larger positions and amplify your potential profits.
The best part? The double deposit bonus is available for deposits up to 10 BTC, offering traders significant leverage right from the start. Whether you’re a beginner or a pro, this bonus ensures that your trading power increases without needing to deposit excessive amounts upfront.
100x Leverage — Maximize Your Trading Potential
The 100x leverage on BexBack allows you to control large positions with a fraction of the capital, creating more opportunities to profit from market fluctuations. With 100x leverage, you can amplify your trades and potentially see significant returns on smaller price movements.
Example:
If you deposit 1 BTC and use 100x leverage, your position size will be equivalent to 100 BTC, which allows you to trade in a more powerful way and capitalize on volatile market conditions.
No Spread, Lower Trading Costs
One of the key advantages of trading on BexBack is that the platform offers zero spread on all trades, meaning you won’t have to pay the extra costs typically associated with buying or selling an asset. This leads to lower overall trading costs, allowing you to keep more of your profits.
No KYC — Trade Without Complicated Verification
BexBack takes pride in its no KYC policy, meaning you can start trading immediately without the need for complex identity verification. This makes it easier for traders worldwide to join the platform and start trading crypto futures without any delays.
Why Choose BexBack?
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.
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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.
Source: The White House
Section. 1. Background. 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. Section 4(b) of Executive Order 14257 provided that “[s]hould any trading partner retaliate against the United States in response to this action through import duties on U.S. exports or other measures, I may further modify the [Harmonized Tariff Schedule of the United States] to increase or expand in scope the duties imposed under this order to ensure the efficacy of this action.”
In the Executive Order dated April 8, 2025 (Amendment to Reciprocal Tariffs and Updated Duties As Applied to Low-Value Imports from the People’s Republic of China), pursuant to section 4(b) of Executive Order 14257, I ordered modification of the Harmonized Tariff Schedule of the United States (HTSUS) to raise the applicable ad valorem duty rate for imports from the People’s Republic of China (PRC) established in Executive Order 14257, in recognition of the fact that the PRC announced that it would retaliate against the United States in response to Executive Order 14257.
On April 9, 2025, the State Council Tariff Commission of the PRC announced that, in response to the Executive Order dated April 8, 2025, an 84 percent tariff would be imposed on all goods imported into the PRC originating from the United States, effective at 12:01 a.m. on April 10, 2025. Pursuant to section 4(b) of Executive Order 14257, I have determined that it is necessary and appropriate to address the national emergency declared in that order by modifying the HTSUS and taking other actions to increase the duties imposed on the PRC in response to this latest retaliation. In my judgment, this modification is necessary and appropriate to effectively address the threat to U.S. national and economic security posed by the PRC’s contribution to the conditions reflected in large and persistent trade deficits, including PRC industrial policies that have produced systemic excess manufacturing capacity in the PRC and suppressed U.S. domestic manufacturing capacity, which conditions are made worse by the PRC’s recent actions.
Section 4(c) of Executive Order 14257 provided that, “[s]hould any trading partner take significant steps to remedy non-reciprocal trade arrangements and align sufficiently with the United States on economic and national security matters, I may further modify the HTSUS to decrease or limit in scope the duties imposed under this order.” Since I signed Executive Order 14257, in contrast to the PRC’s actions, more than 75 other foreign trading partners, including countries enumerated in Annex I to Executive Order 14257, have approached the United States to address the lack of trade reciprocity in our economic relationships and our resulting national and economic security concerns. This is a significant step by these countries toward remedying non-reciprocal trade arrangements and aligning sufficiently with the United States on economic and national security matters.
Pursuant to section 4(c) of Executive Order 14257, I have determined that it is necessary and appropriate to address the national emergency declared in that order by modifying the HTSUS to temporarily suspend, for a period of 90 days, except with respect to the PRC, application of the individual ad valorem duties imposed for foreign trading partners listed in Annex I to Executive Order 14257, and to instead impose on articles of all such trading partners an additional ad valorem rate of duty as set forth herein, pursuant to the terms of, and except as otherwise provided in, Executive Order 14257, as modified by this order.
Sec. 2. Suspension of Country-Specific Ad Valorem Rates of Duty. Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 10, 2025, enforcement of the second paragraph of section 3(a) of Executive Order 14257 is suspended until 12:01 a.m. eastern daylight time on July 9, 2025. Effective at 12:01 a.m. eastern daylight time on April 10, 2025, and until 12:01 a.m. eastern daylight time on July 9, 2025, all articles imported into the customs territory of the United States from the trading partners enumerated in Annex I to Executive Order 14257 shall be, consistent with law, subject to an additional ad valorem rate of duty of 10 percent, subject to all applicable exceptions set forth in Executive Order 14257.
Sec. 3. Tariff Modifications. In recognition of the fact that the PRC has announced that it will retaliate again against the United States in response to the Executive Order dated April 8, 2025, which amended Executive Order 14257, and in recognition of the sincere intentions by many other trading partners to facilitate a resolution to the national emergency declared in Executive Order 14257, the HTSUS shall be modified as follows:
Effective with respect to goods entered for consumption, or withdrawn from warehouse for consumption, on or after 12:01 a.m. eastern daylight time on April 10, 2025:
(a) heading 9903.01.25 of the HTSUS shall be amended by deleting the article description and by inserting “Articles the product of any country, except for products described in headings 9903.01.26-9903.01.33, and except as provided for in heading 9903.01.34, and except for articles the product of China, including Hong Kong and Macau, as described in heading 9903.01.63 that are entered for consumption, or withdrawn from warehouse for consumption, after 12:01 a.m. eastern daylight time on April 10, 2025, and that were not in transit on the final mode of transit prior to 12:01 a.m. eastern daylight time on April 10, 2025, as provided for in subdivision (v) of U.S. note 2 to this subchapter . . . . . . .” in lieu thereof;
(b) heading 9903.01.63 of the HTSUS shall be amended by deleting “84%” each place that it appears and by inserting “125%” in lieu thereof, and by deleting “April 9, 2025,” and by inserting “April 10, 2025” in lieu thereof;
(c) subdivision (v)(xiii)(10) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS shall be amended by deleting “84%”, and inserting “125%” in lieu thereof, and subdivision (v)(xiii) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS shall be amended by deleting “April 9, 2025,” and by inserting “April 10, 2025,” in lieu thereof; and
(d) headings 9903.01.43-9903.01.62 and 9903.01.64-9903.01.76 are hereby suspended, and subdivisions (v)(xiii)(i)-(ix) and (xi)-(lvii) of U.S. note 2 to subchapter III of chapter 99 of the HTSUS are hereby suspended for a period of 90 days beginning at 12:01 a.m. on April 10, 2025.
Sec. 4. De Minimis Tariff Increase. To ensure that the imposition of tariffs pursuant to section 3 of this order is not circumvented and that the purpose of Executive Order 14257, as modified by the Executive Order dated April 8, 2025, and this order are not undermined, I also deem it necessary and appropriate to:
(a) increase the ad valorem rate of duty set forth in section 2(c)(i) of Executive Order 14256 of April 2, 2025 (Further Amendment to Duties Addressing the Synthetic Opioid Supply Chain in the People’s Republic of China as Applied to Low-Value Imports), as modified by the Executive Order dated April 8, 2025, from 90 percent to 120 percent;
(b) increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256, as modified by the Executive Order dated April 8, 2025, that is in effect on or after 12:01 a.m. eastern daylight time on May 2, 2025, and before 12:01 a.m. eastern daylight time on June 1, 2025, from 75 dollars to 100 dollars; and
(c) increase the per postal item containing goods duty in section 2(c)(ii) of Executive Order 14256, as modified by the Executive Order dated April 8, 2025, that is in effect on or after 12:01 a.m. eastern daylight time on June 1, 2025, from 150 dollars to 200 dollars.
Sec. 5. Implementation. The Secretary of Commerce, the Secretary of Homeland Security, and the United States Trade Representative, as applicable, in consultation with the Secretary of State, the Secretary of the Treasury, the Assistant to the President for Economic Policy, the Senior Counselor for Trade and Manufacturing, the Assistant to the President for National Security Affairs, and the Chair of the International Trade Commission, are directed to take all necessary actions to implement and effectuate this order, consistent with applicable law, including through temporary suspension or amendment of regulations or notices in the Federal Register and adopting rules and regulations, and are authorized to take such actions, and to employ all powers granted to the President by IEEPA, as may be necessary to implement this order. Each executive department and agency shall take all appropriate measures within its authority to implement this order.
Sec. 6. General Provisions. (a) Nothing in this order shall be construed to impair or otherwise affect:
(i) the authority granted by law to an executive department, agency, or the head thereof; or
(ii) the functions of the Director of the Office of Management and Budget relating to budgetary, administrative, or legislative proposals.
(b) This order shall be implemented consistent with applicable law and subject to the availability of appropriations.
(c) This order is not intended to, and does not, create any right or benefit, substantive or procedural, enforceable at law or in equity by any party against the United States, its departments, agencies, or entities, its officers, employees, or agents, or any other person.
DONALD J. TRUMP
THE WHITE HOUSE,
April 9, 2025.
Source: Africa Press Organisation – English (2) – Report:
RABAT, Morocco, April 10, 2025/APO Group/ —
Morocco will once again play a pivotal role in shaping Africa’s digital landscape. As the country continues to develop as a tech-driven hub, it has become a regional reference for the continent’s recognition as global force in technology – with innovation and AI at its core.
That was the message delivered by a panel of speakers during the GITEX AFRICA Morocco press conference in Rabat, ahead of the continent’s largest tech and startup event opening in Marrakech from 14-16 April 2025.
With a focus on powering Africa’s innovation-driven future, the event is held under the high patronage of His Majesty King Mohammed VI, May God Assist Him, the authority of the Kingdom’s Ministry of Digital Transition and Administration Reform, in partnership with Digital Development Agency (ADD), and organised by KAOUN International – the overseas event agency of Dubai World Trade Centre (DWTC) and organiser of GITEX events globally.
Mrs Amal El Fallah Seghrouchni, Minister of Digital Transition and Administration Reform, Government of Morocco, said: “Morocco’s choice to host this major continental event, which is an annual showcase allowing the world to discover Africa’s digital and technological talents and potential, is the result of rigorous and sustained work aimed at making our country a regional digital hub. It is also part of the implementation of the High Royal Guidelines of His Majesty the King Mohammed VI, may God assist Him, who called for the training of qualified skills in the various digital fields, the anchoring of a culture of responsible digitalisation within society and the development of technological infrastructures capable to keep abreast of rapid changes in the sector should be developed.”
Mr. Mohammed Drissi Melyani, Director General of the Digital Development Agency, said: “GITEX Africa Morocco has become a major annual milestone on the global tech agenda and a defining moment in the continent’s digital transformation. It seamlessly blends innovation, investment, research, and institutional collaboration, making it much more than a simple technology exhibition. It reflects the vision of a continent that no longer settles for consuming technology but is determined to create it—one that doesn’t just keep pace with innovation but plays an active role in steering its course.”
Trixie LohMirmand, Chief Executive Officer, KAOUN International, said: “This third edition of GITEX AFRICA Morocco shall usher the African economies into the epoch of Ai evolution. Great opportunities for businesses and societies ensue, but first with the collective commitment to develop capacity for the transition. GITEX AFRICA will converge in Morocco global ecosystem experts and enablers to empower and inspire stakeholders in their mission.”
While GITEX AFRICA Morocco is set to welcome more than 45,000 visitors and participants from over 130 countries, the show has grown to feature over 1,450 exhibitors with new countries represented within the African continent – from Gabon, Niger, and Zambia – as well as markets across Europe and Asia – including Belgium, Switzerland and Uzbekistan.
Fuelling Africa’s startup ecosystem
As funding for African startups rebounds to pre-pandemic levels, exceeding $2 billion, international startup investing powerhouses have turned their attention to Africa’s startup ecosystem. The European Innovation Council (EIC) – Europe’s largest deep-tech investor – will attend GITEX AFRICA Morocco across its conference and workshop tracks, while the International Finance Corporation (IFC) will host 10 standout African startups as part of its SheWins Africa programme on the show floor.
Bolstering EIC and IFH’s attendance across 1,500 facilitated meetings is a contingency of more than 350 investors from 35 countries ready to meet entrepreneurs and enterprises head on to satisfy the demand for sustainable and viable tech solutions. With over $200 billion assets under management, investors from the likes of AFRICINVEST, techstars, and Ventures Platform are ready to fund Africa’s next big idea.
African and international startups will come into focus across a number of show features, including an onstage interview with Awa Gueye from Africa’s billion dollar start up, Wave Mobile Money; the Supernova Challenge – Africa’s largest early-stage startup competition – set to supercharge new companies with an seasoned judging panel; the Ministry of Digital Transition and Administration Reform in partnerships with the Digital Development Agency (ADD) will boost the globalisation of Moroccan startups through Morocco 200; and GITEX AFRICA Morocco’s startup showcase, serving as a bridging point between visitors, innovators and disruptors.
International tech giants debut at GITEX AFRICA’s third edition
International tech organisations will also make a debut at the show, looking to seize on growth opportunities during the three days, forging new partnerships and showcasing their latest tech innovations. These include tech giants Cisco, Ericsson, Nokia, China Mobile and Salesforce. Further afield, Saudi Made – a celebration of the of the Kingdom’s technical innovation, creative talent and business acumen, and Presight, part of the G42 group, the leading big data analytics company powered by AI – represent a strong Middle East presence.
Building on the resounding success of previous editions, GITEX AFRICA Morocco is primed to forge new partnerships and explore new industries, thereby elevating its influence and impact on Africa’s digital landscape even further. The 2025 edition presents an expanded agenda beyond its traditional focus on AI, cybersecurity, telecoms to cover, energy transition, mobility, edutech, sports technologies, and agritech.
GITEX AFRICA Morocco returns for its third year with support from institutional partners: ANRT, Royal Air Maroc, ONCF, OCP, ONDA, AMDIE, ONMT and CGEM.
For news and updates on GITEX AFRICA Morocco, please visit: www.GITEXAfrica.com.
Source: Republic of South Africa (video statements)
President Cyril Ramaphosa addresses the 30th Anniversary of the establishment of the World Trade Organisation.
Source: Government of the Netherlands
On 13 April 2025 the World Expo kicks off in Osaka, Japan. The Netherlands is participating with a pavilion based on a circular design concept and on the theme of ‘Common Ground’. The pavilion underlines the importance of international cooperation on major challenges such as the energy transition and maintaining a liveable planet. For six months, an extensive programme will support Dutch companies, knowledge institutions and other organisations in connecting with Japan, fostering new partnerships and strengthening existing ones.
Taking part in Expo 2025 brings opportunities to deepen bilateral relations with Japan. As a reliable partner in East Asia, and the world’s fourth largest economy, Japan is important to the Netherlands. This year marks 425 years of ties between our two countries. These longstanding relations form the basis for strong cooperation in areas such as security, economic resilience, trade, agriculture, food security, defence, cyber protection and innovation.
Minister for Foreign Trade and Development, Reinette Klever: ‘Expo 2025 is a unique opportunity for Dutch companies and knowledge institutions to present their expertise to a large international audience. As a powerhouse of innovation, the business community plays a vital role in addressing global challenges, such as those related to food security and health.’
Over the course of six months, an extensive programme of more than 100 events will give Dutch companies and institutions the opportunity to present themselves and meet Japanese companies. Various theme weeks will focus on potential growth sectors such as food, health, energy and tech, and there will be an ongoing cultural programme with work by Dutch artists and ensembles. Six economic missions will visit from the Netherlands. On the 22nd of April Prime Minister Schoof will officially open the Netherlands pavilion during his visit to Japan.
The Netherlands’ participation is inspired by its unique relationship with water. Our country’s location, partly below sea level, taught us centuries ago to work with each other. Now, as we face new challenges in 2025, cooperation is once again of great importance, this time on an international level. The Netherlands therefore invites Japan and other countries to join it on common ground and work together on solutions.
The Netherlands pavilion was designed and built by Dutch-Japanese consortium A New Dawn (AND BV), consisting of architecture firm RAU, engineering consultancy DGMR, experience design studio Tellart and Japanese construction company Asanuma. The design consists of a rectangular building with a luminous sphere in the centre, symbolizing a ‘man-made sun’: a clean and endless energy source. On the outside are slats shaped like ocean waves. Together these are exactly 425 metres long, in honour of the 425-year trade relationship with Japan. The pavilion is also an excellent example of circular construction. Records have been kept of exactly what materials have been used, so that nothing goes to waste. After Expo the pavilion will be dismantled and the materials reused.
When visitors arrive at the pavilion, they are given a small luminous sphere. This reacts to installations at various points in the building, taking them on a journey through the history of the Netherlands and Japan and our battle against water. In the highlight of the show, visitors step into the large sphere in the centre of the pavilion to see an AI film in a 360-degree dome. Before they exit, visitors can share their own ideas and dreams for the future through an interactive artwork.
The pavilion revolves around ten impressive Dutch innovations, all harnessing the power of nature. In their own way, each contributes to changing how we generate energy, travel and grow food. Among the innovations being showcased are cultivating fish from cells (Upstream Foods), harnessing ocean waves to generate electricity (Weco) and using self-steering boats for fast and clean transport (Roboat).
Expo 2025 Osaka runs from 13 April to 13 October 2025. Around 160 countries and organisations are participating. The exhibition organisers are expecting more than 28 million visitors.
Source: GlobeNewswire (MIL-OSI)
Bakersfield, CA, April 10, 2025 (GLOBE NEWSWIRE) — Trio Petroleum Corp (NYSE American: TPET) (“Trio” or the “Company”), a California-based oil and gas company, today is pleased to announce that it has closed on certain petroleum and natural gas properties held by Novacor Exploration Ltd. (“Novacor”). More specifically, TPET closed on Novacor’s TWP48 Assets which is expected to be shortly followed by the closing on Novacor’s TWP47 assets. These assets are in the prolific Lloydminster, Saskatchewan heavy oil region (the “Acquisition”). This acquisition could strategically position the Company to expand its operations into one of North America’s most promising heavy oil basins, with upside potential for long term production and reserve growth. Since the Novacor assets are in the heavy oil area, they offer economic development and low operational costs. Market accessibility combined with a favorable regulatory process makes this area very attractive for continued and future development within these lands.
As reported by the Company’s press release on December 19, 2024, the Novacor assets are located at the South-West quarter of Section 19, Township 47, Range 26W3M and the Northeast Section 3, Township 48, Range 24W3M, both in the Lloydminster, Saskatchewan area. There are currently seven producing wells located on the two properties. Production from the wells in Section 19 is subject to Freehold Royalties of 13.5% and a GORR of 2%, and production from the wells in Section 3 is subject to Freehold Royalties of 15%. The wells produce heavy crude oil from the McLaren/Sparky and Lloydminster formation(s). Novacor is the operator of these cash flow positive wells. Current production is approximately 70 barrels per day with potential for 4 additional re-entry wells and two fully equipped locations to be reactivated each capable of an additional 70 barrels in total per day. All the foregoing information was derived from reports provided to the Company by Novacor.
Additionally, a Reserve Report was prepared in August 2024 by Petrotech and Associates detailing 91.5MBBL for total proved and probable oil of those wells currently being produced. Novacor has identified further potential upside in the Sparky GP thru some multi-lateral drill opportunities.
Important in this acquisition is Novacor’s ability to address recent fluctuations in global oil prices and their limited impact on the company’s operations. Novacor will continue as operator of the assets Trio is acquiring. While market volatility is inherent in the energy sector, Novacor’s strategic focus on operational efficiency and low lift costs provides a significant buffer against downward price pressures.
Novacor’s current lift cost stands at a competitive CDN $10.00 per barrel. This low operational expenditure will help ensure Trio maintains strong profitability even in a lower oil price environment. Their commitment to cost management and efficient production techniques will allow the Company to navigate market fluctuations with greater resilience compared to companies with higher operating costs.
Commented Robin Ross, Chief Executive Officer of Trio, “Novacor has always prioritized operational excellence and fiscal responsibility as their low lift costs are a testament to this commitment and will provide us with a significant advantage in the current market. While we are mindful of global economic trends and their potential influence on commodity prices, our fundamental strength moving forward will be in our ability to produce oil economically.
As i mentioned previously, we are excited to acquire an initial footprint in this very lucrative oil and gas area of Canada and home to some of the largest players in the industry such as Cenovus Energy, Canadian Natural Resources, Baytex Energy, Rife Resources and many others who have made Heavy Oil a staple of their operation, and where numerous opportunities to acquire additional highly economic fields exist. Trio’s relationship with Novacor is very important, because Novacor has a long history of oil and gas development in the area. Trio’s plan is to aggressively grow its footprint in the area utilizing Novacor as an operator of the assets. We are looking forward to a long and prosperous relationship with Novacor. We will continue to seek opportunities for strategic growth and optimization with Novacor’s operational efficiencies and are confident to deliver consistent value to our shareholders through a disciplined approach to operations and cost management.”
Mr. Ross continued, “Our focus remains on acquiring projects that generate immediate cash flow or offer transformative growth potential with strategic investment. We believe that this approach aligns with our long-term vision of creating exponential value while managing risk and resources effectively.”
Terms of the Acquisition
The stated purchase price of the Acquisition is US$650,000 in cash paid in two tranches, and 526,536 in shares of common stock of Trio, which we agree to use our commercially reasonable efforts to register for resale in a registration statement filed with the United States Securities and Exchange Commission. The Company paid Novacor a good faith deposit of $65,000, which is being applied to the cash portion of the purchase price on the initial closing.
About Trio Petroleum Corp
Trio Petroleum Corp is an oil and gas exploration and development company in California, Utah, and Saskatchewan, Canada.
Cautionary Statement Regarding Forward-Looking Statements
All statements in this press release of Trio Petroleum Corp (“Trio”) and its representatives and partners that are not based on historical fact are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995 and the provisions of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended (the “Acts”). In particular, when used in the preceding discussion, the words “estimates,” “believes,” “hopes,” “expects,” “intends,” “on-track”, “plans,” “anticipates,” or “may,” and similar conditional expressions are intended to identify forward-looking statements within the meaning of the Acts and are subject to the safe harbor created by the Acts. Any statements made in this news release other than those of historical fact, about an action, event or development, are forward-looking statements. While management has based any forward-looking statements contained herein on its current expectations, the information on which such expectations were based may change. These forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of risks, uncertainties, and other factors, many of which are outside of the Trio’s control, that could cause actual results to materially and adversely differ from such statements. Such risks, uncertainties, and other factors include, but are not necessarily limited to, those set forth in the Risk Factors sections of the Trio reports filed with the Securities and Exchange Commission (SEC). Copies of such documents are available on the SEC’s website, www.sec.gov . Trio undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
Investor Relations Contact:
Redwood Empire Financial Communications
Michael Bayes
(404) 809 4172
michael@redwoodefc.com
Source: GlobeNewswire (MIL-OSI)
BEIJING, April 10, 2025 (GLOBE NEWSWIRE) — KANZHUN LIMITED (“BOSS Zhipin” or the “Company”) (Nasdaq: BZ; HKEX: 2076), a leading online recruitment platform in China, today published its 2024 Environmental, Social and Governance (“ESG”) report (“the report”), reaffirming the Company’s unwavering commitment to fostering a responsible and sustainable online recruitment platform that empowers job seekers, supports business development, and generates long-term societal value.
The report outlines the Company’s achievements and impacts across seven key ESG dimensions: ESG governance, products and services optimization, employee growth, green development, sustainable supply chain practices, community engagement, and standardized corporate governance, cultivating an ecosystem where opportunity, equity, and innovation thrive. By embedding sustainability into its core operations, the Company is dedicated to delivering lasting value to users, stakeholders, and society as a whole.
To access the full report, please visit the Sustainability section of the Company’s investor relations website at https://ir.zhipin.com.
About KANZHUN LIMITED
KANZHUN LIMITED operates the leading online recruitment platform BOSS Zhipin in China. The Company connects job seekers and enterprise users in an efficient and seamless manner through its highly interactive mobile app, a transformative product that promotes two-way communication, focuses on intelligent recommendations, and creates new scenarios in the online recruiting process. Benefiting from its large and diverse user base, BOSS Zhipin has developed powerful network effects to deliver higher recruitment efficiency and drive rapid expansion.
For investor and media inquiries, please contact:
KANZHUN LIMITED
Investor Relations
Email: ir@kanzhun.com
PIACENTE FINANCIAL COMMUNICATIONS
Email: kanzhun@tpg-ir.com
Source: GlobeNewswire (MIL-OSI)
Results in 17 Issued and Allowed Patent Applications Internationally with Nine Total Patent Families
SOUTH SAN FRANSCISCO, Calif, April 10, 2025 (GLOBE NEWSWIRE) — CERo Therapeutics Holdings, Inc., (Nasdaq: CERO) (“CERo” or the “Company”) an innovative immunotherapy company seeking to advance the next generation of engineered T cell therapeutics that employ phagocytic mechanisms, announces the allowance of two patent applications submitted to the U.S. Patent and Trademark Office (USPTO), which materially expands the Company’s intellectual property portfolio.
Patent Application No. 17/040,472, titled, “CELLULAR IMMUNOTHERAPY COMPOSITIONS AND USES THEREOF,” was allowed on March 13, 2025 and provides coverage for composition of matter and methods of use coverage for the Company’s lead compound, CER-1236. The allowed claims encompass the combination of a phosphatidylserine-targeting CD4+ CER-T cell with a CD8+ CAR-T cell or a CD8+ recombinant TCR-T cell, and their use to treat cancer. This Notice of Allowance is expected to result in the issuance of a U.S. patent once administrative processes are completed.
Additionally, the USPTO has issued a Notice of Allowance on March 24, 2025 for Patent Application No. 17/040,317, titled, “CHIMERIC TIM4 RECEPTORS AND USES THEREOF.” The allowed claims encompass some design aspects of CER-1236. This patent, once granted, provides composition of matter protection for a chimeric TIM4 receptor comprising a TIM4 binding domain and canonical T cell signaling domains. CERo’s intellectual property portfolio now includes 9 total patent families with protection out to 2039 in the United States. With these additional allowed applications, CER-1236 and its platform technology is supported by 17 total issued patents and allowed patent applications internationally.
Chris Ehrlich, CERo Therapeutics CEO, commented, “These additional patent application allowances are paramount to CERo’s success in the market as they demonstrate the true novelty of our design and approach in potentially killing cancer cells and treating patients. The robust range of patents that cover this technology in general, and CER-1236 in particular, are a continuation of the validation we have seen since the inception of the Company, demonstrating innovation — and we believe – therapeutic potential. We are gratified to be receiving these allowances on the heels of the announcement of our initial trial site for our Phase 1 trial in AML and the announcement of our cleared IND to begin human trials to treat ovarian and non-small cell lung cancers.”
About CERo Therapeutics Holdings, Inc.
CERo is an innovative immunotherapy company advancing the development of next generation engineered T cell therapeutics for the treatment of cancer. Its proprietary approach to T cell engineering, which enables it to integrate certain desirable characteristics of both innate and adaptive immunity into a single therapeutic construct, is designed to engage the body’s full immune repertoire to achieve optimized cancer therapy. This novel cellular immunotherapy platform is expected to redirect patient-derived T cells to eliminate tumors by building in engulfment pathways that employ phagocytic mechanisms to destroy cancer cells, creating what CERo refers to as Chimeric Engulfment Receptor T cells (“CER-T”). CERo believes the differentiated activity of CER-T cells will afford them greater therapeutic application than currently approved chimeric antigen receptor (“CAR-T”) cell therapy, as the use of CER-T may potentially span both hematological malignancies and solid tumors. CERo anticipates initiating clinical trials for its lead product candidate, CER-1236, in 2025 for hematological malignancies.
Forward-Looking Statements
This communication contains statements that are forward-looking and as such are not historical facts. This includes, without limitation, statements regarding the financial position, business strategy and the plans and objectives of management for future operations of CERo and the implementation of its proposed plan of compliance with Nasdaq continued listing standards. These statements constitute projections, forecasts and forward-looking statements, and are not guarantees of performance. Such statements can be identified by the fact that they do not relate strictly to historical or current facts. When used in this communication, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “strive,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. When CERo discusses its strategies or plans, it is making projections, forecasts or forward-looking statements. Such statements are based on the beliefs of, as well as assumptions made by and information currently available to, CERo’s management.
Actual results could differ from those implied by the forward-looking statements in this communication. Certain risks that could cause actual results to differ are set forth in CERo’s filings with the Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, and the documents incorporated by reference therein. The risks described in CERo’s filings with the Securities and Exchange Commission are not exhaustive. New risk factors emerge from time to time, and it is not possible to predict all such risk factors, nor can CERo assess the impact of all such risk factors on its business, or the extent to which any factor or combination of factors may cause actual results to differ materially from those contained in any forward-looking statements. Forward-looking statements are not guarantees of performance. You should not put undue reliance on these statements, which speak only as of the date hereof. All forward-looking statements made by CERo or persons acting on its behalf are expressly qualified in their entirety by the foregoing cautionary statements. CERo undertakes no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
Contact:
Chris Ehrlich
Chief Executive Officer
chris@cero.bio
Investors:
CORE IR
investors@cero.bio
Source: GlobeNewswire (MIL-OSI)
Miami Television Appearance and Investor Meetings at Mar-a-Lago Signal Big Moves for the Nation’s Fast-Growing Beer Brand – American Rebel Light Beer
Nashville, TN, April 10, 2025 (GLOBE NEWSWIRE) — American Rebel Holdings, Inc. (NASDAQ: AREB) (“American Rebel” or the “Company”), creator of American Rebel Beer (americanrebelbeer.com) and a designer, manufacturer, and marketer of branded safes, personal security and self-defense products and apparel (americanrebel.com), is excited to share its CEO Andy Ross’ TV interview on Miami’s WSFL – Home of the Florida Panthers and the New York Post’s coverage of Andy’s meetings with investors and members at Mar-a-Lago, dubbed “The Winter White House.”
“We had very productive meetings at Mar-a-Lago with like-minded patriots and potential investors,” said Andy Ross, CEO of American Rebel. “Florida is near the top of our list of states we’re planning to expand. We believe Florida will love America’s Patriotic, God Fearing, Constitution Loving, National Anthem Singing, Stand Your Ground Beer. It’s an honor and a blessing to be a guest at Mar-a-Lago and to be launching our beer at what I believe will be a historic time for our country.”
WSFL interview can be found here:
From Music to Malts: Andy Ross Brings American Rebel Beer to Florida
https://www.wsfltv.com/inside-south-florida/from-music-to-malts-andy-ross-brings-american-rebel-beer-to-florida
New York Post article can be found here:
https://pagesix.com/2025/04/08/society/celebratory-mood-at-mar-a-lago-despite-market-drop-after-trumps-liberation-day-tariffs-felt-like-a-rally/
About American Rebel Light Beer
Produced in partnership with AlcSource, American Rebel Light Beer (americanrebelbeer.com) is a premium domestic light lager celebrated for its exceptional quality and patriotic values. It stands out as America’s Patriotic, God-Fearing, Constitution-Loving, National Anthem-Singing, Stand Your Ground Beer.
American Rebel Light is a Premium Domestic Light Lager Beer – All Natural, Crisp, Clean and Bold Taste with a Lighter Feel. With approximately 100 calories, 3.2 carbohydrates, and 4.3% alcoholic content per 12 oz serving, American Rebel Light Beer delivers a lighter option for those who love great beer but prefer a more balanced lifestyle. It’s all natural with no added supplements and importantly does not use corn, rice, or other sweeteners typically found in mass produced beers.
About American Rebel Holdings, Inc.
American Rebel Holdings, Inc. (NASDAQ: AREB) has operated primarily as a designer, manufacturer and marketer of branded safes and personal security and self-defense products and has recently transitioned into the beverage industry through the introduction of American Rebel Light Beer. The Company also designs and produces branded apparel and accessories. To learn more, visit www.americanrebel.com and www.americanrebelbeer.com. For investor information, visit www.americanrebelbeer.com/investor-relations.
American Rebel Holdings, Inc.
info@americanrebel.com
American Rebel Beverages, LLC
Todd Porter, President
tporter@americanrebelbeer.com
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. American Rebel Holdings, Inc., (NASDAQ: AREB; AREBW) (the “Company,” “American Rebel,” “we,” “our” or “us”) desires to take advantage of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 and is including this cautionary statement in connection with this safe harbor legislation. The words “forecasts” “believe,” “may,” “estimate,” “continue,” “anticipate,” “intend,” “should,” “plan,” “could,” “target,” “potential,” “is likely,” “expect” and similar expressions, as they relate to us, are intended to identify forward-looking statements. We have based these forward-looking statements primarily on our current expectations and projections about future events and financial trends that we believe may affect our financial condition, results of operations, business strategy, and financial needs. Important factors that could cause actual results to differ from those in the forward-looking statements include benefits of marketing outreach efforts, actual placement timing and availability of American Rebel Beer, success and availability of the promotional activities, our ability to effectively execute our business plan, and the Risk Factors contained within our filings with the SEC, including our Annual Report on Form 10-K for the year ended December 31, 2024. Any forward-looking statement made by us herein speaks only as of the date on which it is made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future developments or otherwise, except as may be required by law.
Company Contact:
tporter@americanrebelbeer.com
ir@americanrebel.com
Media Contact:
Matt Sheldon
Matt@PrecisionPR.co
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