Category: Trade

  • MIL-OSI: Renasant Announces 2025 Second Quarter Webcast and Conference Call Information

    Source: GlobeNewswire (MIL-OSI)

    TUPELO, Miss., July 08, 2025 (GLOBE NEWSWIRE) — Renasant Corporation (NYSE: RNST) (the “Company”) will announce 2025 second quarter results following the NYSE’s closing on Tuesday, July 22, 2025. The Company will hold executive management’s quarterly webcast and conference call with analysts on Wednesday, July 23, 2025, at 10:00 AM Eastern Time (9:00 AM Central Time).

    The webcast is accessible through Renasant’s investor relations website at www.renasant.com or https://event.choruscall.com/mediaframe/webcast.html?webcastid=gtM01rRl. To access the conference via telephone, dial 1-877-513-1143 in the United States and request the Renasant Corporation 2025 Second Quarter Earnings Webcast and Conference Call. International participants should dial 1-412-902-4145 to access the conference call.

    The webcast will be archived on www.renasant.com and will remain accessible for one year. A replay can be accessed via telephone by dialing 1-877-344-7529 in the United States and entering conference number 6698526 or by dialing 1-412-317-0088 internationally and entering the same conference number. Telephone replay access is available until August 6, 2025.

    ABOUT RENASANT CORPORATION:

    Renasant Corporation is the parent of Renasant Bank, a 121-year-old financial services institution. Renasant has assets of approximately $26.0 billion and operates more than 280 banking, lending, mortgage, and wealth management offices throughout the Southeast as well as factoring and asset-based lending on a nationwide basis.

    NOTE TO INVESTORS:

    This news release may contain, or incorporate by reference, statements which may constitute “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Such forward-looking statements usually include words such as “expects,” “projects,” “anticipates,” “believes,” “intends,” “estimates,” “strategy,” “plan,” “potential,” “possible” and other similar expressions.

    Prospective investors are cautioned that any such forward-looking statements are not guarantees for future performance and involve risks and uncertainties, and that actual results may differ materially from those contemplated by such forward-looking statements. Important factors currently known to management that could cause actual results to differ materially from those in forward-looking statements include significant fluctuations in interest rates, inflation, economic recession, significant changes in the federal and state legal and regulatory environment, significant underperformance in our portfolio of outstanding loans, and competition in our markets. Management believes that the assumptions underlying the Company’s forward-looking statements are reasonable, but any of the assumptions could prove to be inaccurate. Investors are urged to carefully consider the risks described in the Company’s filings with the Securities and Exchange Commission (the “SEC”) from time to time, including its most recent Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q, which are available at www.renasant.com and the SEC’s website at www.sec.gov. The Company expressly disclaims any obligation to update or revise forward-looking statements to reflect changed assumptions, the occurrence of unanticipated events or changes to future operating results over time.

    Contacts For Media: For Financials:
      John S. Oxford James C. Mabry IV
      Senior Vice President Executive Vice President
      Chief Marketing Officer Chief Financial Officer
      (662) 680-1219 (662) 680-1281
      joxford@renasant.com jim.mabry@renasant.com

    The MIL Network

  • MIL-OSI Russia: Exclusive: BRICS strives for equality and stable coexistence in the interests of all humanity – Director of IKS RAS

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    Moscow, July 8 /Xinhua/ — BRICS does not seek to defeat the West, but seeks equality and stable coexistence in the interests of all mankind, Director of the Institute of China and Modern Asia of the Russian Academy of Sciences /ICSA RAS/ Kirill Babayev said in an interview with Xinhua recently.

    The 17th meeting of the BRICS leaders has just ended in the Brazilian city of Rio de Janeiro. K. Babayev noted that the international influence of BRICS, which already accounts for more than 45% of the world’s GDP, is currently increasing. At the same time, as the expert emphasized, BRICS does not seek to defeat the West, but seeks equality and stable coexistence in the interests of all mankind.

    He also drew attention to Russian-Chinese cooperation within the BRICS framework. “Russia and China are the two main pillars of BRICS, the most active participants in the association. Using the example of our bilateral relations, we show the whole world how to build trusting, friendly, mutually beneficial relations in the new era,” the director of the ICA RAS said.

    If BRICS, continued K. Babayev, covers the entire world with a network of economic ties, then the Shanghai Cooperation Organization /SCO/ focuses on security issues and on preventing threats on the Eurasian continent.

    “The SCO is the main stabilizing force in Eurasia. The organization’s activities are aimed primarily at strengthening stability, creating trusting relationships and the general security of a united Greater Eurasia. This organization, through its activities, prevents the threats of terrorism, extremism, and ensures the security of large and small countries and peoples,” said K. Babayev, answering a question from a Xinhua correspondent about the upcoming SCO summit in September in the Chinese city of Tianjin.

    The expert believes that Russia and China play a very important role in both of these international formats. Today, it depends on them “what Eurasia will be like tomorrow, whether we will be able to build a unified partnership here on new, fair principles,” K. Babayev emphasized.

    He added that the economies of the two countries successfully complement each other. “Trade between our countries is growing at an accelerated pace. But today our governments are already looking further — toward closer production cooperation, technological partnership,” K. Babayev stated. –0–

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI USA: EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease

    Source: US Energy Information Administration

    U.S. ENERGY INFORMATION ADMINISTRATION
    WASHINGTON DC 20585

    FOR IMMEDIATE RELEASE
    July 8, 2025

    The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. In its July Short-Term Energy Outlook (STEO), EIA revised its 2025 oil price forecast slightly upward this month in response to unrest in the Middle East creating uncertainty in the oil market.

    “The oil market is experiencing uncertainty from regional conflict, demand growth, and several other factors,” said EIA Acting Administrator Steve Nalley. “Our forecast for lower oil prices comes from basic economic fundamentals that when supply grows faster than demand, prices decrease.”

    EIA expects lower oil prices to affect U.S. gasoline prices and domestic oil production, detailed in the highlights below.

    U.S. energy market indicators 2024 2025 2026
    Brent crude oil spot price (dollars per barrel) $81 $69 $58
    Retail gasoline price (dollars per gallon) $3.30 $3.10 $3.00
    U.S. crude oil production (million barrels per day) 13.2 13.4 13.4
    Natural gas price at Henry Hub (dollars per million British thermal units) $2.20 $3.70 $4.40
    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% 17% 15%
    Renewables 23% 25% 26%
    Nuclear 19% 18% 18%
    U.S. GDP (percentage change) 2.8% 1.4% 1.9%
    U.S. CO2 emissions (billion metric tons) 4.8 4.8 4.8
    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2025
    Note: Values in this table are rounded and may not match values in other tables in this report.
    • Global oil supply and prices: EIA expects the Brent crude oil price to average $69 per barrel this year, which is $3 per barrel higher than in last month’s forecast. EIA revised its forecast upward following higher near-term prices resulting from the geopolitical risks of the Israel-Iran conflict. EIA expects increasing global oil supply to continue pushing oil prices down in 2026, with the Brent price averaging $58 per barrel in the agency’s forecast.
    • U.S. crude oil production:Declining oil prices have contributed to U.S. oil producers slowing their drilling and completion activity this year. As a result, EIA expects U.S. crude oil production to decline from an all-time high of 13.5 million barrels per day in the second quarter of 2025 to about 13.3 million barrels per day in the fourth quarter of 2026. EIA expects U.S crude oil production to average about 13.4 million barrels per day in both 2025 and 2026.
    • U.S. gasoline prices: Despite the revisions to EIA’s oil price forecasts, the agency still expects U.S. regular-grade gasoline prices to average about $3.10 per gallon in 2025 and $3.00 per gallon in 2026, down from $3.30 per gallon in 2024.
    • Ethane production and exports: On July 2, the U.S. Commerce Department rescinded export license requirements that had effectively barred U.S. ethane exports to China. As a result, EIA changed the domestic ethane production and exports forecast in the June STEO to align with expectation for growing trade between U.S. ethane producers and petrochemical crackers in China.
    • Natural gas storage and prices: U.S. natural gas storage was about 7% above the five-year average at the end of June, following a string of large storage injections from April to June. EIA now expects that as the United States enters the winter heating season, U.S. natural gas inventories will be about 5% higher than in last month’s forecast. EIA expects the Henry Hub spot price to average about $3.40 per million British thermal units (MMBtu) in the third quarter of this year and $3.70 per MMBtu for the year, both significantly lower than the June forecast.
    • Wholesale power prices: Although EIA revised down its natural gas price forecast, the agency still expects natural gas prices to be significantly higher than the historic lows of 2024. Because natural gas is the primary source of U.S. electricity generation, EIA expects natural gas prices to contribute to 12% higher wholesale electricity prices this summer compared with last summer.
    • Renewable energy: EIA expects electricity generation from solar power will be about 34% higher this summer than last summer, then increase an additional 19% next summer. Solar surpasses wind as the leading source of renewables generation next summer in EIA’s forecast.
    • Trade policy assumptions: The U.S. macroeconomic outlook EIA uses in the Short-Term Energy Outlook (STEO) is based on S&P Global’s macroeconomic model. S&P Global’s most recent model reflects the tariffs announced in April and includes the 90-day temporary suspension of tariffs granted to certain countries. S&P Global Markit Intelligence projects reduced tariffs on imports from China compared with last month, but EIA expects tariffs on imports from other countries to remain at 10% after the 90-day pause expires in July.

    The full July 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

    MIL OSI USA News

  • MIL-OSI USA: Huizenga Votes to Cut Taxes for Michiganders, Strengthen Michigan’s Economy

    Source: United States House of Representatives – Congressman Bill Huizenga (MI-02)

    Today, Congressman Bill Huizenga (R-MI) released the following statement after voting in support the One Big Beautiful Bill Act, which passed the House by a vote of 218-214. The One Big Beautiful Bill will now head to President Trump’s desk to be signed into law.

    “Today, Congress delivered on the promises President Trump and House Republicans made to the American people to stop the largest tax increase in our nation’s history.

    “The One Big Beautiful Bill will help Americans across all walks of life by making tax cuts permanent and increasing take home pay as much as $7,500 through provisions such as no tax on tips and no tax on overtime.

    “Additionally, by increasing tax breaks for seniors, strengthening the child tax credit for families, making made-in-America car loan interest tax deductible, and addressing inflation with the largest mandatory spending reduction ever, the Big Beautiful Bill will make everyday life more affordable.

    “Importantly, this bill makes significant progress to eliminate waste, fraud, and abuse from both SNAP and Medicaid by implementing work requirements for able-bodied individuals without dependents. These commonsense reforms will preserve these important safety net programs for those who need it most — namely, low-income mothers, children, the elderly, and disabled Americans.

    “The One Big Beautiful Bill will supercharge Michigan’s economy by boosting manufacturing, helping farmers, modernizing our military, and unleashing American energy.

    “Lastly, the One Big Beautiful Bill provides critical resources to ensure our border remains secure by finishing the wall and ensuring we have the law enforcement manpower we need to keep our nation safe.

    “I look forward to President Trump signing this legislation, delivering a massive win for hardworking Americans, and putting America back on track for an age of prosperity!”

    MIL OSI USA News

  • MIL-OSI USA: Huizenga Votes to Cut Taxes for Michiganders, Strengthen Michigan’s Economy

    Source: United States House of Representatives – Congressman Bill Huizenga (MI-02)

    Today, Congressman Bill Huizenga (R-MI) released the following statement after voting in support the One Big Beautiful Bill Act, which passed the House by a vote of 218-214. The One Big Beautiful Bill will now head to President Trump’s desk to be signed into law.

    “Today, Congress delivered on the promises President Trump and House Republicans made to the American people to stop the largest tax increase in our nation’s history.

    “The One Big Beautiful Bill will help Americans across all walks of life by making tax cuts permanent and increasing take home pay as much as $7,500 through provisions such as no tax on tips and no tax on overtime.

    “Additionally, by increasing tax breaks for seniors, strengthening the child tax credit for families, making made-in-America car loan interest tax deductible, and addressing inflation with the largest mandatory spending reduction ever, the Big Beautiful Bill will make everyday life more affordable.

    “Importantly, this bill makes significant progress to eliminate waste, fraud, and abuse from both SNAP and Medicaid by implementing work requirements for able-bodied individuals without dependents. These commonsense reforms will preserve these important safety net programs for those who need it most — namely, low-income mothers, children, the elderly, and disabled Americans.

    “The One Big Beautiful Bill will supercharge Michigan’s economy by boosting manufacturing, helping farmers, modernizing our military, and unleashing American energy.

    “Lastly, the One Big Beautiful Bill provides critical resources to ensure our border remains secure by finishing the wall and ensuring we have the law enforcement manpower we need to keep our nation safe.

    “I look forward to President Trump signing this legislation, delivering a massive win for hardworking Americans, and putting America back on track for an age of prosperity!”

    MIL OSI USA News

  • MIL-OSI USA: Huizenga Votes to Cut Taxes for Michiganders, Strengthen Michigan’s Economy

    Source: United States House of Representatives – Congressman Bill Huizenga (MI-02)

    Today, Congressman Bill Huizenga (R-MI) released the following statement after voting in support the One Big Beautiful Bill Act, which passed the House by a vote of 218-214. The One Big Beautiful Bill will now head to President Trump’s desk to be signed into law.

    “Today, Congress delivered on the promises President Trump and House Republicans made to the American people to stop the largest tax increase in our nation’s history.

    “The One Big Beautiful Bill will help Americans across all walks of life by making tax cuts permanent and increasing take home pay as much as $7,500 through provisions such as no tax on tips and no tax on overtime.

    “Additionally, by increasing tax breaks for seniors, strengthening the child tax credit for families, making made-in-America car loan interest tax deductible, and addressing inflation with the largest mandatory spending reduction ever, the Big Beautiful Bill will make everyday life more affordable.

    “Importantly, this bill makes significant progress to eliminate waste, fraud, and abuse from both SNAP and Medicaid by implementing work requirements for able-bodied individuals without dependents. These commonsense reforms will preserve these important safety net programs for those who need it most — namely, low-income mothers, children, the elderly, and disabled Americans.

    “The One Big Beautiful Bill will supercharge Michigan’s economy by boosting manufacturing, helping farmers, modernizing our military, and unleashing American energy.

    “Lastly, the One Big Beautiful Bill provides critical resources to ensure our border remains secure by finishing the wall and ensuring we have the law enforcement manpower we need to keep our nation safe.

    “I look forward to President Trump signing this legislation, delivering a massive win for hardworking Americans, and putting America back on track for an age of prosperity!”

    MIL OSI USA News

  • MIL-OSI Economics: EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease

    Source: US Energy Information Administration – EIA

    Headline: EIA revises crude oil price forecast amid uncertainty and volatility but still expects prices will decrease

    U.S. ENERGY INFORMATION ADMINISTRATION
    WASHINGTON DC 20585

    FOR IMMEDIATE RELEASE
    July 8, 2025

    The U.S. Energy Information Administration (EIA) expects the Brent crude oil price to average less than $70 per barrel in 2025 and about $58 per barrel in 2026. In its July Short-Term Energy Outlook (STEO), EIA revised its 2025 oil price forecast slightly upward this month in response to unrest in the Middle East creating uncertainty in the oil market.

    “The oil market is experiencing uncertainty from regional conflict, demand growth, and several other factors,” said EIA Acting Administrator Steve Nalley. “Our forecast for lower oil prices comes from basic economic fundamentals that when supply grows faster than demand, prices decrease.”

    EIA expects lower oil prices to affect U.S. gasoline prices and domestic oil production, detailed in the highlights below.

    U.S. energy market indicators 2024 2025 2026
    Brent crude oil spot price (dollars per barrel) $81 $69 $58
    Retail gasoline price (dollars per gallon) $3.30 $3.10 $3.00
    U.S. crude oil production (million barrels per day) 13.2 13.4 13.4
    Natural gas price at Henry Hub (dollars per million British thermal units) $2.20 $3.70 $4.40
    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% 17% 15%
    Renewables 23% 25% 26%
    Nuclear 19% 18% 18%
    U.S. GDP (percentage change) 2.8% 1.4% 1.9%
    U.S. CO2 emissions (billion metric tons) 4.8 4.8 4.8
    Data source: U.S. Energy Information Administration, Short-Term Energy Outlook, July 2025
    Note: Values in this table are rounded and may not match values in other tables in this report.
    • Global oil supply and prices: EIA expects the Brent crude oil price to average $69 per barrel this year, which is $3 per barrel higher than in last month’s forecast. EIA revised its forecast upward following higher near-term prices resulting from the geopolitical risks of the Israel-Iran conflict. EIA expects increasing global oil supply to continue pushing oil prices down in 2026, with the Brent price averaging $58 per barrel in the agency’s forecast.
    • U.S. crude oil production:Declining oil prices have contributed to U.S. oil producers slowing their drilling and completion activity this year. As a result, EIA expects U.S. crude oil production to decline from an all-time high of 13.5 million barrels per day in the second quarter of 2025 to about 13.3 million barrels per day in the fourth quarter of 2026. EIA expects U.S crude oil production to average about 13.4 million barrels per day in both 2025 and 2026.
    • U.S. gasoline prices: Despite the revisions to EIA’s oil price forecasts, the agency still expects U.S. regular-grade gasoline prices to average about $3.10 per gallon in 2025 and $3.00 per gallon in 2026, down from $3.30 per gallon in 2024.
    • Ethane production and exports: On July 2, the U.S. Commerce Department rescinded export license requirements that had effectively barred U.S. ethane exports to China. As a result, EIA changed the domestic ethane production and exports forecast in the June STEO to align with expectation for growing trade between U.S. ethane producers and petrochemical crackers in China.
    • Natural gas storage and prices: U.S. natural gas storage was about 7% above the five-year average at the end of June, following a string of large storage injections from April to June. EIA now expects that as the United States enters the winter heating season, U.S. natural gas inventories will be about 5% higher than in last month’s forecast. EIA expects the Henry Hub spot price to average about $3.40 per million British thermal units (MMBtu) in the third quarter of this year and $3.70 per MMBtu for the year, both significantly lower than the June forecast.
    • Wholesale power prices: Although EIA revised down its natural gas price forecast, the agency still expects natural gas prices to be significantly higher than the historic lows of 2024. Because natural gas is the primary source of U.S. electricity generation, EIA expects natural gas prices to contribute to 12% higher wholesale electricity prices this summer compared with last summer.
    • Renewable energy: EIA expects electricity generation from solar power will be about 34% higher this summer than last summer, then increase an additional 19% next summer. Solar surpasses wind as the leading source of renewables generation next summer in EIA’s forecast.
    • Trade policy assumptions: The U.S. macroeconomic outlook EIA uses in the Short-Term Energy Outlook (STEO) is based on S&P Global’s macroeconomic model. S&P Global’s most recent model reflects the tariffs announced in April and includes the 90-day temporary suspension of tariffs granted to certain countries. S&P Global Markit Intelligence projects reduced tariffs on imports from China compared with last month, but EIA expects tariffs on imports from other countries to remain at 10% after the 90-day pause expires in July.

    The full July 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

    MIL OSI Economics

  • At least eight killed and dozens missing after floods on Nepal-China border

    Source: Government of India

    Source: Government of India (4)

    At least eight people were killed and over two dozen were missing after the Bhote Koshi River flooded, washing away the “Friendship Bridge” that links China and Nepal, officials said on Tuesday.

    There had been no heavy rainfall in the immediate area of the river in the preceding 24 hours, but weather forecasting experts said the flood might have been the result of an overflowing glacial lake in Tibet, where torrential rain had fallen.

    Police had recovered eight bodies, none of whom had been identified so far, Nepal Police spokesperson Binod Ghimire told Reuters.

    He said 57 people were rescued. Search and rescue operations were continuing, Nepali Army spokesperson Raja Ram Basnet said.

    At least 20 people were missing in Nepal, while China’s official Xinhua news agency said 11 people were unaccounted for on the Chinese side of the mountainous border region.

    Trade between Nepal and China was disrupted because of the bridge’s destruction, officials said.

    In Nepal, the missing included six Chinese workers and three police personnel, the National Disaster Risk Reduction and Management Authority (NDRRMA) said on X.

    The missing Chinese nationals were working at the Inland Container Depot being constructed with Chinese assistance about 80 km (50 miles) north of capital Kathmandu, said Arjun Paudel, a senior administrative official of Rasuwa district.

    “The river also swept away some containers with goods imported from China… There is a big loss (of property) and we are collecting details,” he told Reuters.

    China has been increasing its investment in Nepal in recent years in domains including roads, power plants, and hospitals.

    The Asian giant has been battered by heavy rain and flash floods over the last few days that have left a trail of destruction, and is bracing for a tropical storm this week.

    Nepal’s weather forecasting department said it was working with Sentinel Asia – an international initiative that uses space-based technology to support disaster management in the Asia-Pacific region – to determine the cause of the flooding.

    In Pakistan, at least 79 people, including 38 children, have died in floods and rain-related incidents, including landslides and house collapses, since June 26, its National Disaster Management Authority said on Tuesday.

    The authority issued fresh alerts for flash flooding and glacial lake outbursts in the northern and northwestern provinces of Gilgit-Baltistan and Khyber Pakhtunkhwa, citing “a significant rise in temperatures and… an upcoming weather system.”

    (Reuters)

  • MIL-OSI: Siili Solutions Plc: Share Repurchase 8.7.2025

    Source: GlobeNewswire (MIL-OSI)

    Siili Solutions Plc       Announcement  8.7.2025
         
         
    Siili Solutions Plc: Share Repurchase 8.7.2025  
         
    In the Helsinki Stock Exchange    
         
    Trade date           8.7.2025  
    Bourse trade         Buy  
    Share                  SIILI  
    Amount             1 100 Shares
    Average price/ share    6,4690 EUR
    Total cost            7 115,90 EUR
         
         
    Siili Solutions Plc now holds a total of 25 128 shares
    including the shares repurchased on 8.7.2025  
         
    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 Siili Solutions Plc    
         
    Nordea Bank Oyj    
         
    Sami Huttunen Ilari Isomäki  
         
    Further information:    
    CFO Aleksi Kankainen    
    Email: aleksi.kankainen@siili.com    
    Tel. +358 50 584 2029    
         
    www.siili.com    

    Attachment

    The MIL Network

  • MIL-OSI United Kingdom: Touchstone 2025 award winners announced

    Source: United Kingdom – Government Statements

    News story

    Touchstone 2025 award winners announced

    Winners of the Touchstone Award 2025 for hallmarking enforcement and education announced.

    The British Hallmarking Council (BHC) has awarded the Touchstone Award 2025 to London Trading Standards (LTS) for its role in ‘Operation Stamping it Out’, at the recent Chartered Trading Standards Institute (CTSI) annual conference in Blackpool.

    The Touchstone Award, launched by the BHC in 2012, sponsored by the National Association of Jewellers and supported by the CTSI, recognises the most effective initiative relating to hallmarking enforcement or education delivered by a local authority.

    Launched in 2023, ‘Operation Stamping It Out’ is a pioneering hallmarking education and enforcement project, established and funded by the London Assay Office and delivered in conjunction with the WRi Group. It aims to ensure retailers of silver, gold, platinum and palladium jewellery and artworks in London and the Southeast are compliant with the Hallmarking Act (1973), and is delivered through a programme of education, awareness and enforcement.

    Across the 8 LTS teams involved in the operation:

    • 132 intelligence reports were generated
    • 311 retailers were visited
    • more than 200 verbal or written warnings were issued for hallmarking non-compliance
    • over £250,000 worth of silver and gold jewellery without hallmarks has been seized
    • 4 active criminal prosecutions are underway

    The Chair of the BHC, Noel Hunter, said:

    The British Hallmarking Council congratulates London Trading Standards on winning the Touchstone Award. It was an incredible team effort which has produced, and continues to produce, unprecedented results. It will undoubtedly provide an enforcement model that can be used elsewhere across the UK. The BHC looks forward to supporting that development.

    The Chief Executive of the National Association of Jewellers, Ben Massey, said:

    Operation Stamping It Out has laid bare the serious threat that the illicit trade in un-hallmarked precious metals poses to consumers and to the UK jewellery industry – an industry worth £10 billion annually and supporting over 60,000 jobs.

    The outstanding results achieved by London Trading Standards are a testament to what can be accomplished with focused enforcement, and the 2025 Touchstone Award is richly deserved. However, this must not remain a localised effort. It is imperative that Trading Standards teams and related agencies come together to adopt and implement a similar programme nationally, ensuring a consistent and robust response across traditional retail and digital marketplaces.

    The Director of the London Assay Office, Will Evans, said:

    For more than 700 years, the London Assay Office has protected consumers and the trade by ensuring the quality of precious metals. We are incredibly proud to support Operation Stamping It Out, and thrilled that the collaboration between WRi Group and London Trading Standards – which has seen more than £250,000 of illegal items removed from the streets so far – has been recognised with the 2025 Touchstone Award.

    The dedication and professionalism shown by the teams from the London boroughs of Tower Hamlets, Camden, Westminster, Hackney, Ealing, Waltham Forest, and Newham, and the Royal Borough of Kensington and Chelsea, to protecting consumers and businesses, shows how much can be achieved when we work together towards a common goal.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI Security: U.S. Attorney’s Office Filed 81 Border-Related Cases This Week

    Source: US FBI

    SAN DIEGO – Federal prosecutors in the Southern District of California filed 81 border-related cases this week so far, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.

    The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).

    In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.

    A sample of border-related arrests this week:

    • On June 28, Wilmar Morales Ramirez, a citizen of Mexico, was arrested at the San Onofre gate of Camp Pendleton and charged with Deported Alien Found in the United States. He was previously deported to Mexico in December 2024.
    • On June 29, Almida Ayala Torres, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, a dog alerted to her vehicle as she tried to cross the border at the San Ysidro Port of Entry. Customs and Border Protection officers found 85 packages containing 113 pounds of methamphetamine hidden in the trunk hatch, driver’s side back door, passenger’s side back door, passenger’s side front door, center console, firewall, driver’s side quarter panel and passenger’s side quarter panel.
    • On June 30, Daniel Yanez Arriaga, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Customs and Border Protection officers at the Otay Mesa Port of Entry found that Yanez was hiding five pounds of fentanyl on his body when he attempted to cross the border in his car.
    • On July 2, Fernando Ojeda Martinez, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Customs and Border Protection officers at the San Ysidro Port of Entry found 52 packages containing 221 pounds of methamphetamine concealed in the rear passenger’s quarter panel, driver’s side passenger’s quarter panel, spare tire and gas tank of the defendant’s car.

    Also this week, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are some of those cases:

    • On July 1, Anderson Fabricio Leon-Chirinos, a citizen of Honduras who was previously convicted of two federal immigration felony convictions as well as state robbery and batter convictions, was found guilty by a jury of Attempted Re-entry of Remove Alien for again reentering the U.S. illegally. Sentencing is scheduled for September 29, 2025; Leon-Chirinos faces a maximum sentence of 20 years in prison.
    • On July 1, Anderson Fabricio Leon-Chirinos, a Honduran national who was previously convicted of felony Robbery in May 2014, and illegally re-entering the United States in 2018 and 2021, was found guilty by a jury of Attempted Reentry of Removed Alien for again entering the U.S. illegally. Sentencing is scheduled for September 29, 2025, and Leon-Chirinos faces a maximum sentence of 20 years in prison.
    • On July 2, Juan Carlos Ojeda-Saldana, a Mexican national, was sentenced in federal court to 70 months in custody for conspiring to distribute methamphetamine.
    • On July 2, Ana Maria Rosas-Ortega, a Mexican national who was previously convicted of two illegal re-entry offenses (Texas 2014 and Arizona 2015), and misuse of a U.S. passport (California 2016), was sentenced in federal court to 46 months in custody for attempting to illegally reenter the United States.

    Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.

    The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.

    Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Security: U.S. Attorney’s Office Filed 81 Border-Related Cases This Week

    Source: US FBI

    SAN DIEGO – Federal prosecutors in the Southern District of California filed 81 border-related cases this week so far, including charges of bringing in aliens for financial gain, reentering the U.S. after deportation, and importation of controlled substances.

    The U.S. Attorney’s Office for the Southern District of California is the fourth-busiest federal district, largely due to a high volume of border-related crimes. This district, encompassing San Diego and Imperial counties, shares a 140-mile border with Mexico. It includes the San Ysidro Port of Entry, the world’s busiest land border crossing, connecting San Diego (America’s eighth largest city) and Tijuana (Mexico’s second largest city).

    In addition to reactive border-related crimes, the Southern District of California also prosecutes a significant number of proactive cases related to terrorism, organized crime, drugs, white-collar fraud, violent crime, cybercrime, human trafficking and national security. Recent developments in those and other significant areas of prosecution can be found here.

    A sample of border-related arrests this week:

    • On June 28, Wilmar Morales Ramirez, a citizen of Mexico, was arrested at the San Onofre gate of Camp Pendleton and charged with Deported Alien Found in the United States. He was previously deported to Mexico in December 2024.
    • On June 29, Almida Ayala Torres, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, a dog alerted to her vehicle as she tried to cross the border at the San Ysidro Port of Entry. Customs and Border Protection officers found 85 packages containing 113 pounds of methamphetamine hidden in the trunk hatch, driver’s side back door, passenger’s side back door, passenger’s side front door, center console, firewall, driver’s side quarter panel and passenger’s side quarter panel.
    • On June 30, Daniel Yanez Arriaga, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Customs and Border Protection officers at the Otay Mesa Port of Entry found that Yanez was hiding five pounds of fentanyl on his body when he attempted to cross the border in his car.
    • On July 2, Fernando Ojeda Martinez, a U.S. citizen, was arrested and charged with Importation of a Controlled Substance. According to a complaint, Customs and Border Protection officers at the San Ysidro Port of Entry found 52 packages containing 221 pounds of methamphetamine concealed in the rear passenger’s quarter panel, driver’s side passenger’s quarter panel, spare tire and gas tank of the defendant’s car.

    Also this week, a number of defendants with criminal records were convicted by a jury or sentenced for border-related crimes such as illegally re-entering the U.S. after previous deportation. Here are some of those cases:

    • On July 1, Anderson Fabricio Leon-Chirinos, a citizen of Honduras who was previously convicted of two federal immigration felony convictions as well as state robbery and batter convictions, was found guilty by a jury of Attempted Re-entry of Remove Alien for again reentering the U.S. illegally. Sentencing is scheduled for September 29, 2025; Leon-Chirinos faces a maximum sentence of 20 years in prison.
    • On July 1, Anderson Fabricio Leon-Chirinos, a Honduran national who was previously convicted of felony Robbery in May 2014, and illegally re-entering the United States in 2018 and 2021, was found guilty by a jury of Attempted Reentry of Removed Alien for again entering the U.S. illegally. Sentencing is scheduled for September 29, 2025, and Leon-Chirinos faces a maximum sentence of 20 years in prison.
    • On July 2, Juan Carlos Ojeda-Saldana, a Mexican national, was sentenced in federal court to 70 months in custody for conspiring to distribute methamphetamine.
    • On July 2, Ana Maria Rosas-Ortega, a Mexican national who was previously convicted of two illegal re-entry offenses (Texas 2014 and Arizona 2015), and misuse of a U.S. passport (California 2016), was sentenced in federal court to 46 months in custody for attempting to illegally reenter the United States.

    Pursuant to the Department’s Operation Take Back America priorities, federal law enforcement has focused immigration prosecutions on undocumented aliens who are engaged in criminal activity in the U.S., including those who commit drug and firearms crimes, who have serious criminal records, or who have active warrants for their arrest. Federal authorities have also been prioritizing investigations and prosecutions against drug, firearm, and human smugglers and those who endanger and threaten the safety of our communities and the law enforcement officers who protect the community.

    The immigration cases were referred or supported by federal law enforcement partners, including Homeland Security Investigations (HSI), Immigration and Customs Enforcement’s Enforcement and Removal Operations (ICE ERO), Customs and Border Protection, U.S. Border Patrol, the Drug Enforcement Administration (DEA), the Federal Bureau of Investigation (FBI), the U.S. Marshals Service (USMS), and the Bureau of Alcohol, Tobacco, Firearms and Explosives (ATF), with the support and assistance of state and local law enforcement partners.

    Indictments and criminal complaints are merely allegations and all defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.

    MIL Security OSI

  • MIL-OSI Russia: XV International Industrial Exhibition “Innoprom”.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    The International Industrial Exhibition “Innoprom” has been held in Yekaterinburg annually since 2010 and is the main industrial, trade and export platform in Russia, serving as a platform where the foundations of industrial policy are laid. About 80% of the exhibition visitors are professional buyers from different countries of the world, specialists of industrial enterprises making decisions on the introduction of new products and technologies in production.

    The 15th International Industrial Exhibition Innoprom is taking place from July 7 to 10 at the Yekaterinburg-Expo IEC. The theme of Innoprom 2025 is Technological Leadership: Industrial Breakthrough.

    Drive

    Meeting of Mikhail Mishustin with Acting Governor of Sverdlovsk Region Denis Pasler

    Mikhail Mishustin inspected a prototype of the modernized Il-114-300 passenger aircraft

    Five countries are represented with national expositions this year: the partner country of Innoprom-2025 – the Kingdom of Saudi Arabia, as well as the republics of Kyrgyzstan, Kazakhstan, Uzbekistan, and Belarus.

    Among Russian companies, large-scale stands will be presented by the Rostec State Corporation, the Rosatom State Corporation, Sber, GPB, Sinara, TMK, and PC Transport Systems. Collective expositions are planned to be presented by 33 regions of Russia: Vologda Oblast, DPR, Zaporozhye Oblast, Kaluga Oblast, Kirov Oblast, Krasnodar Krai, Krasnoyarsk Krai, Kurgan Oblast, Lipetsk Oblast, LPR, Moscow, Orenburg Oblast, Oryol Oblast, Perm Krai, Primorsky Krai, Rostov Oblast, Republic of Bashkortostan, Republic of Karelia, Komi Republic, Mari El Republic, Republic of Tatarstan, Samara Oblast, Sakhalin Oblast, Sverdlovsk Oblast, Tambov Oblast, Tver Oblast, Tomsk Oblast, Tula Oblast, Udmurt Republic, Chelyabinsk Oblast, Chuvash Republic, Kherson Oblast, Khanty-Mansi Autonomous Okrug – Yugra.

    Collective national expositions occupy an area of 2,445 sq. m. Official delegations are expected from China, the UAE, Pakistan, Turkmenistan, Tajikistan, Armenia, Myanmar, Egypt, Ethiopia, Zimbabwe, the Central African Republic, Congo, Burkina Faso, Bosnia and Herzegovina, as well as countries represented with national expositions. Delegations of business representatives from at least 52 countries are expected, including Iran, Qatar, China, Pakistan, Afghanistan, Senegal, Guinea, Ghana, and Turkey.

    The main tracks of the Innoprom business program are: International Cooperation, Industrial Innovations, Digital Production, Industrial IT, Cybersecurity in Industry, Finance and Industry, Industrial Infrastructure, New Mobility, Technologies for Cities, Labor Productivity, Human Resources, and Educational Solutions for Industry. The business program sessions will be held throughout all four days of the exhibition.

    The key event of the Innoprom-2025 business program will be the main strategic session “Technological Leadership: Industrial Breakthrough”, within the framework of which the presentation of the 11th Russian National Industrial Award “Industry” is planned.

    The award was established in 2014 by the Ministry of Industry and Trade to promote the implementation of advanced technologies in industrial production and public recognition of the best practices of Russian companies in industrial development. In 2015, “Industry” was awarded the status of a Government Award. In 2025, a record number of applications was received – 392. The largest number of applications came from Moscow, St. Petersburg, Sverdlovsk, Moscow and Chelyabinsk regions. The nominees were Biotekhno LLC, KEAZ JSC, Optic Fiber Systems JSC, NPP Radar MMS JSC and Severstal PJSC. The projects of the laureate and nominees will be presented at the stand of innovative industrial projects of the Ministry of Industry and Trade.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Russia: The 2nd course for Kazakh entrepreneurs has been completed in Qingdao

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 8 (Xinhua) — The second course for Kazakh entrepreneurs was held in Qingdao, Shandong Province, east China, in late June and early July.

    The 2nd training course on regional trade and economic cooperation between agricultural enterprises of China and Kazakhstan was held at the Institute of Trade and Economics of the Shanghai Cooperation Organization (SCO) of Qingdao University. It was attended by 13 entrepreneurs from Kazakhstan, the local newspaper Dazhong Ribao reports.

    The course participants visited the SCO International Exhibition Centre, the SCO One-Stop Service Platform and local enterprises, where they learned about the development of livestock technology and China’s achievements in the application of intelligent agricultural technologies.

    In addition, last Friday the institute hosted a business meeting of entrepreneurs from China and Kazakhstan.

    “The meeting allowed us to establish contacts with several Kazakh enterprises. The parties agreed to deepen contacts to promote the implementation of agricultural investment projects in Kazakhstan,” Wang Huawei, director of investments at one of the Qingdao investment companies, told the newspaper in an interview.

    Since its establishment in 2022, the SCO Institute of Trade and Economics has conducted 175 courses, attended by 12,000 people from SCO countries and countries participating in the Belt and Road Initiative. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations

    Source: GlobeNewswire (MIL-OSI)

    This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

    SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

    The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

    “Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

    Key Highlights from the Midyear Outlook 2025

    • Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
    • The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
    • Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
    • Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.

    “There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

    Important Disclosures

    Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

    The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

    Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

    All indexes are unmanaged and cannot be invested into directly.

    All performance referenced is historical and is not a guarantee of future results.

    Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.​ Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 763507

    The MIL Network

  • MIL-OSI: LPL Research Team Releases Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations

    Source: GlobeNewswire (MIL-OSI)

    This annual report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios

    SAN DIEGO, July 08, 2025 (GLOBE NEWSWIRE) — LPL Financial LLC today released its Midyear Outlook 2025: Pragmatic Optimism, Measured Expectations. Setting the tone for the second half of 2025, this report offers a comprehensive analysis of the economic and market environment, highlighting potential implications for investors and their portfolios.

    The Midyear Outlook 2025 offers a grounded, data-driven view of where the economy and markets may be headed next. As we reach the halfway mark of the year, trends in income and savings underscore how markets are still recalibrating in response to persistent inflation, a more measured Federal Reserve stance, ongoing tariff uncertainties and the volatility that continues to ripple through global financial systems.

    “Investors and policymakers will need to carefully evaluate the true economic impact of these policy shifts,” said Marc Zabicki, Chief Investment Officer at LPL Financial. “The base-case view is an economy that will begin to show more definitive adverse effects from trade policy with slower labor demand, weaker growth and an uptick in inflation.”

    Key Highlights from the Midyear Outlook 2025

    • Uncertainty in Markets & Evolving Policy: In the second half of the year, delayed effects of trade policy are expected to slow economic growth, soften labor demand and push inflation slightly higher. This challenging backdrop will likely keep the Federal Reserve in a cautious holding pattern on monetary policy for an extended period.
    • The State of the U.S. Economy & Potential Risks: Debt concerns, trade uncertainty and a cautious Federal Reserve are likely to keep Treasury yields range-bound in the second half. With yields still elevated by historical standards, investors should focus on income generation through intermediate-term bonds. As the Fed eventually begins cutting short-term rates, declining cash yields will make bonds increasingly attractive for long-term income and portfolio stability.
    • Investment Strategies in More Volatile Markets: The stock market’s outlook for the second half of the year will hinge on trade talks, AI developments, interest rate swings and tax policy. With valuations already pricing in much of the good news, gains may be modest. While volatility is expected in a tough macro environment, market pullbacks could offer smart opportunities to selectively add to equity positions.
    • Potential Trends & Opportunities in the Second Half of 2025: With economic and policy uncertainty likely to persist, tactical portfolios should strike a balance between risk management and seizing emerging opportunities. Diversifying across asset classes, regions and alternatives can help enhance resilience. Staying alert during market volatility may present timely chances to add equity exposure at more favorable valuations.

    “There’s also a strong likelihood that policy-driven uncertainty is past its high-water mark, and as it recedes, stability should gradually return, bringing with it plenty of new investment opportunities,” Zabicki added. “The environment we see ahead calls for balancing risk mitigation with proactive positioning for long-term upside opportunities—if you know where to look.”

    Important Disclosures

    Please see the LPL Financial Research Midyear Outlook 2025 for additional description and disclosure.

    The opinions, statements and forecasts presented herein are general information only and are not intended to provide specific investment advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, please consult your financial professional prior to investing.

    Any forward-looking statements including the economic forecasts may not develop as predicted and are subject to change based on future market and other conditions.

    All indexes are unmanaged and cannot be invested into directly.

    All performance referenced is historical and is not a guarantee of future results.

    Investing involves risk including the loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.​ Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.

    About LPL Financial

    LPL Financial Holdings Inc. (Nasdaq: LPLA) is among the fastest growing wealth management firms in the U.S. As a leader in the financial advisor-mediated marketplace, LPL supports over 29,000 financial advisors and the wealth management practices of approximately 1,200 financial institutions, servicing and custodying approximately $1.8 trillion in brokerage and advisory assets on behalf of approximately 7 million Americans. The firm provides a wide range of advisor affiliation models, investment solutions, fintech tools and practice management services, ensuring that advisors and institutions have the flexibility to choose the business model, services, and technology resources they need to run thriving businesses. For further information about LPL, please visit www.lpl.com.

    Securities and advisory services offered through LPL Financial LLC (“LPL Financial”), a registered investment adviser and broker-dealer. Member FINRA/SIPC.

    Throughout this communication, the terms “financial advisors” and “advisors” are used to refer to registered representatives and/or investment advisor representatives affiliated with LPL Financial.

    We routinely disclose information that may be important to shareholders in the “Investor Relations” or “Press Releases” section of our website.

    Media Contact: 
    Media.relations@LPLFinancial.com 
    (402) 740-2047 

    Tracking #: 763507

    The MIL Network

  • MIL-OSI Europe: Over €3 billion from EU emissions trading revenues to be invested in cleaner energy systems

    Source: European Union 2

    The European Commission and the European Investment Bank will jointly support 34 energy-related projects in nine EU countries. Funded by revenues from the EU Emissions Trading System, the €3.66 billion investment will help modernise energy systems in the EU to cut greenhouse gas emissions.

    MIL OSI Europe News

  • MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year.  Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings.  Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

    Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

    KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

    The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

    “This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

    In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

    Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

    In other developments in the markets of note:

    Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

    Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

    Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

    Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

    Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

    The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

    Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

    Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

    Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

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    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI: Bitcoin Acquisitions Booming as Companies Tap into Coinbase Credit Facilities Opportunity

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 08, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Several institutional clients have recently utilized Coinbase’s credit facilities to strategically acquire Bitcoin, underscoring growing corporate confidence in digital assets as part of long-term treasury management and diversification strategies. According to recent reports in macrotrends and other industry sources, Coinbase Global revenue for the quarter ending March 31, 2025 was $2.034B, a 24.23% increase year-over-year and Coinbase’s total revenue for the twelve months ending March 31, 2025, was $6.961 billion, showing a 75.18% increase year-over-year.  Coinbase uses credit facilities to extend loans to other companies, including Bitcoin mining firms, utilizing Bitcoin as collateral. For example, Hut 8 recently secured a $130 million Bitcoin-backed credit facility from Coinbase, which they intend to use to fund growth opportunities. Similarly, Riot Platforms entered into a $100 million credit facility with Coinbase. This strategy allows companies like Hut 8 and Riot Platforms to access capital without selling their Bitcoin holdings.  Overall, Coinbase’s strategic use of credit facilities to finance external acquisitions of Bitcoin-related businesses, coupled with their own strategic Bitcoin acquisitions and strong market performance in Q1 2025, positions them to capitalize on the growing crypto market. However, it is important to note that the market for Bitcoin and cryptocurrencies, in general, is subject to volatility and regulatory uncertainties. Coinbase’s strategic decisions reflect a balance between pursuing growth opportunities and maintaining financial stability in this dynamic environment.   Active companies in news today include: KULR Technology Group, Inc. (NYSE American: KULR), Coinbase Global, Inc. (NASDAQ: COIN), Hut 8 Corp. (NASDAQ: HUT), Riot Platforms, Inc. (NASDAQ: RIOT), Robinhood Markets, Inc. (NASDAQ: HOOD).

    Through Coinbase’s tailored lending solutions, companies can access secure, short-term credit lines to fund timely Bitcoin purchases without needing to liquidate other assets or disrupt existing capital structures. This development reflects the broader institutional adoption of digital assets and highlights the role Coinbase plays in enabling secure and compliant access to the crypto economy. While some individual company names remain confidential at this time, Coinbase confirmed that clients span industries such as fintech, digital infrastructure, and alternative investment management and include the likes of Hut8 and Riot Platforms. These firms are leveraging the platform’s lending solutions alongside Coinbase Prime’s execution and custody services for a seamless experience. Coinbase’s institutional-grade offerings continue to attract a wide range of corporate treasuries and asset managers seeking robust security, liquidity, and integrated services in one trusted platform. The credit facility product complements Coinbase’s broader mission to increase economic freedom and redefine how businesses interact with financial infrastructure.

    KULR Technology Group, Inc. (NYSE American: KULR) Group Announces $20 Million Credit Facility with Coinbase KULR Technology Group, Inc. (the “Company” or “KULR”) ($KULR), a Bitcoin First Company and global leader in sustainable energy management, announced today that it has secured a $20 million credit facility with Coinbase Credit, Inc., a subsidiary of Coinbase Global, Inc. (NASDAQ: COIN).

    The agreement establishes a multi-draw loan facility initially totaling up to $20 million, which will be available to KULR upon execution of the credit facility (“Effective Date”). The Company intends to use the net proceeds to fund its strategic Bitcoin accumulation goals.

    “This marks KULR’s first bitcoin-backed credit facility, giving us access to non-dilutive capital at a competitive financing rate,” said Michael Mo, CEO of KULR. “It reflects our commitment to diversifying our funding sources as we continue to execute on long-term growth strategies to drive shareholder value.”

    In 2024, KULR selected Coinbase’s Prime platform to provide custody, USDC, and self-custodial wallet services for its Bitcoin holdings. At present, eight of the ten largest publicly traded companies with bitcoin on their balance sheets utilize Coinbase Prime for similar services.

    Amounts borrowed under the credit facility will be secured by a portion of the Company’s total bitcoin holdings. CONTINUED…   Read this entire press release and more news for KULR at: https://www.financialnewsmedia.com/news-kulr/

    In other developments in the markets of note:

    Coinbase Global, Inc. (NASDAQ: COIN) recently announced it is acquiring Liquifi, the leading token management platform for early-stage teams building onchain. Acquiring Liquifi gives us best-in-class capabilities in token cap table management, vesting, and compliance, and positions Coinbase to support builders earlier in their journey. This strategic move propels us in our journey to deliver a truly integrated one-stop-shop experience for businesses building onchain.

    Today, we’re taking a big step towards offering an end-to-end solution for onchain builders by acquiring Liquifi, the go-to platform for managing token ownership, vesting schedules, and compliance workflows. Teams like Uniswap Foundation, OP Labs (Optimism), Ethena, Zora, and 0x already rely on Liquifi to launch and manage their tokens, and we’re excited to help scale these operations even further.

    Hut 8 Corp. (NASDAQ: HUT) recently announced that its subsidiary has entered into a Third Amended and Restated Credit Agreement with Coinbase Credit, Inc. (“Coinbase”) to amend and expand its Bitcoin-backed credit facility from $65 million to up to $130 million and extend the maturity date to July 16, 2026.   The amended facility reflects significant improvements in both economic and structural terms, including:

    Up to $65 million in incremental, non-dilutive capital that positions Hut 8 to deploy capital against near-term opportunities advancing through its growth pipeline; Conversion from a floating-rate structure to a fixed interest rate of 9.0% designed to improve Hut 8’s overall cost of capital as it scales, compared to a stated interest rate ranging from 10.5% to 11.5% between the quarter ended December 31, 2023 and the quarter ended March 31, 2025; and Collateral and borrower protections including an improved limited recourse structure and continued application of a no-rehypothecation covenant on pledged Bitcoin.

    Riot Platforms, Inc. (NASDAQ: RIOT) recently announced the hiring of Jonathan Gibbs as Chief Data Center Officer (“CDCO”) to lead the development of Riot’s data center platform. In this role, Jonathan will lead the strategic development and operations of this new platform, which will focus on building and operating state-of-the-art data centers specifically tailored to serve hyperscale and enterprise tenants.

    The creation of this new data center platform furthers Riot’s strategy to maximize the value of its assets by expanding into the development of non-bitcoin-related data centers, which diversifies the Company’s revenues, enhances Riot’s ability to generate long-term cash returns for investors and strengthens its capabilities to contract with the world’s leading technology companies. This additional platform will build on the success of Riot’s vertically-integrated strategy of utilizing bitcoin mining at scale to create significant value across its land and power portfolio and positions the Company to capitalize on the upsurge in demand for digital infrastructure driven by the growing need for cloud computing, AI and other compute-intensive applications.

    Robinhood Markets, Inc. (NASDAQ: HOOD) recently reported select monthly operating data for May 2025. Funded Customers at the end of May were 25.9 million (up about 5 thousand from April 2025, up 1.8 million year-over-year). In May, Funded Customers grew by approximately 5 thousand after the impact of required escheatment of approximately 100 thousand low-balance accounts.

    Total Platform Assets at the end of May were $255 billion (up 10% from April 2025, up 89% year-over-year). Net Deposits were $3.5 billion in May, or a 18% annualized growth rate relative to April 2025 Total Platform Assets. Over the last twelve months, Net Deposits were $59.1 billion, or an annual growth rate of 44% relative to May 2024 Total Platform Assets.

    Equity Notional Trading Volumes were $180.5 billion (up 14% from April 2025, up 108% year-over-year). Options Contracts Traded were 179.8 million (up 7% from April 2025, up 36% year-over-year). Crypto Notional Trading Volumes were $11.7 billion (up 36% from April 2025, up 65% year-over-year).   Margin balances at the end of May were $9.0 billion (up 7% from the end of April 2025, up 100% year-over-year).   Total Cash Sweep balances at the end of May were $30.8 billion (up 7% from the end of April 2025, up 52% year-over-year).   Total Securities Lending Revenue in May was $33 million (up 32% from April 2025, up 43% year-over-year).

    About FN Media Group:

    At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

    Follow us on Facebook to receive the latest news updates: https://www.facebook.com/financialnewsmedia

    Follow us on Twitter for real time Market News: https://twitter.com/FNMgroup

    Follow us on Linkedin: https://www.linkedin.com/in/financialnewsmedia/

    DISCLAIMER: FN Media Group LLC (FNM), which owns and operates Financialnewsmedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM was compensated forty two hundred dollars for news coverage of the current press releases issued by KULR Technology Group, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

    This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

    Contact Information:

    Media Contact email: editor@financialnewsmedia.com – +1(561)325-8757 

    SOURCE: FN Media Group

    The MIL Network

  • MIL-OSI Submissions: President Trump’s tug-of-war with the courts, explained

    Source: The Conversation – USA – By Paul M. Collins Jr., Professor of Legal Studies and Political Science, UMass Amherst

    The U.S. Supreme Court in Washington, D.C. Stefani Reynolds/Bloomberg

    The Supreme Court handed President Donald Trump a big win on June 27, 2025, by limiting the ability of judges to block Trump administration policies across the nation.

    But Trump has not fared nearly as well in the lower courts, where he has lost a series of cases through different levels of the federal court system. On June 5, a single judge temporarily stopped the administration from preventing Harvard University from enrolling international students.

    And a three-judge panel of the U.S. Court of International Trade blocked Trump on May 28 from imposing tariffs on China and other nations. The Trump administration has appealed this decision. It will be taken up in July by all 11 judges on the United States Court of Appeals for the Federal Circuit.

    After that, the case can be appealed to the Supreme Court.

    I’m a scholar of the federal courts. The reasons why some courts have multiple judges and others have a single judge can be confusing. Here’s a guide to help understand what’s going on in the federal courts.

    Federal District Courts

    The U.S. District Courts are the trial courts in the federal system and hear about 400,000 cases per year. A single judge almost always presides over cases.

    This makes sense for a jury trial, since a judge might make dozens of spur-of-the-moment decisions during the course of a trial, such as ruling on a lawyer’s objection to a question asked of a witness. If a panel of, say, three judges performed this task, it would prolong proceedings because the three judges would have to deliberate over every ruling.

    A more controversial role of District Courts involves setting nationwide injunctions. This happens when a single judge temporarily stops the government from enforcing a policy throughout the nation.

    There have been more than two dozen nationwide injunctions during Trump’s second term. These involve policy areas as diverse as ending birthright citizenship, firing federal employees and banning transgender people from serving in the military.

    President Donald Trump speaks at the White House on June 27, 2025, after the Supreme Court curbed the power of lone federal judges to block executive actions.
    Andrew Caballero-Reynolds/AFP via Getty Images

    Trump and Republicans in Congress argue that the ability to issue nationwide injunctions gives too much power to a single judge. Instead, they believe injunctions should apply only to the parties involved in the case.

    On June 27, the Supreme Court agreed with the Trump administration and severely limited the ability of District Court judges to issue nationwide injunctions. This means that judges can generally stop policies from being enforced only against the parties to a lawsuit, instead of everyone in the nation.

    In rare instances, a panel of three District Court judges hears a case. Congress decides what cases these special three-judge panels hear, reserving them for especially important issues. For example, these panels have heard cases involving reapportionment, which is how votes are translated into legislative seats in Congress and state legislatures, and allegations that a voter’s rights have been violated.

    The logic behind having three judges hear such important cases is that they will give more careful consideration to the dispute. This may lend legitimacy to a controversial decision and prevents a single judge from exercising too much power.

    There are also specialized courts that hear cases involving particular policies, sometimes in panels of three judges. For instance, three-judge panels on the U.S. Court of International Trade decide cases involving executive orders related to international trade.

    The federal Court of Appeals

    The U.S. Court of Appeals hears appeals from the District Courts and specialized courts.

    The 13 federal circuit courts that make up the U.S. Court of Appeals are arranged throughout the country and handle about 40,000 cases per year. Each circuit court has six to 29 judges. Cases are decided primarily by three-judge panels.

    Having multiple judges decide cases on the Court of Appeals is seen as worthwhile, since these courts are policymaking institutions. This means they set precedents for the judicial circuit in which they operate, which covers three to nine states.

    Supporters of this system argue that by having multiple judges on appellate courts, the panel will consider a variety of perspectives on the case and collaborate with one another. This can lead to better decision-making. Additionally, having multiple judges check one another can boost public confidence in the judiciary.

    The party that loses a case before a three-judge panel can request that the entire circuit rehear the case. This is known as sitting en banc.

    Because judges on a circuit can decline to hear cases en banc, this procedure is usually reserved for especially significant cases. For instance, the U.S. Court of Appeals for the Federal Circuit has agreed to an en banc hearing to review the Court of International Trade’s decision to temporarily halt Trump’s sweeping tariff program. It also allowed the tariffs to remain in effect until the appeal plays out, likely in August.

    The exception to having the entire circuit sit together en banc is the 9th Circuit, based in San Francisco, which has 29 judges, far more than other circuit courts. It uses an 11-judge en banc process, since having 29 judges hear cases together would be logistically challenging.

    Cargo ships are seen at a container terminal in the Port of Shanghai, China, in May 2025. A three-judge panel of the U.S. Court of International Trade blocked Trump from imposing tariffs on China and other nations.
    CFOTO/Future Publishing via Getty Images

    The US Supreme Court

    The U.S. Supreme Court sits atop the American legal system and decides about 60 cases per year.

    Cases are decided by all nine justices, unless a justice declines to participate because of a conflict of interest. As with other multimember courts, advocates of the nine-member makeup argue that the quality of decision-making is improved by having many justices participate in a case’s deliberation.

    Each Supreme Court justice is charged with overseeing one or more of the 13 federal circuits. In this role, a single justice reviews emergency appeals from the District Courts and an appellate court within a circuit. This authorizes them to put a temporary hold on the implementation of policies within that circuit or refer the matter to the entire Supreme Court.

    In February, for example, Chief Justice John Roberts blocked a Court of Appeals order that would have compelled the Trump administration to pay nearly US$2 billion in reimbursements for already completed foreign aid work.

    In March, a 5-4 majority of the high court sent the case back to U.S. District Judge Amir Ali, who subsequently ordered the Trump administration to release some of the funds.

    The federal judicial system is complex. The flurry of executive orders from the Trump administration means that cases are being decided on a nearly daily basis by a variety of courts.

    A single judge will decide some of these cases, and others are considered by full courts. Though the nine justices of the Supreme Court technically have the final say, the sheer volume of legal challenges means that America’s District Courts and Court of Appeals will resolve many of the disputes.

    Paul M. Collins Jr. does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    ref. President Trump’s tug-of-war with the courts, explained – https://theconversation.com/president-trumps-tug-of-war-with-the-courts-explained-258234

    MIL OSI

  • MIL-OSI: SEC, Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria

    Source: GlobeNewswire (MIL-OSI)

    L-R: Anya Edmund Duroha Chairman, African Founders Launchpad; Buchi Okoro, Co-founder and Chief Executive Officer of Quidax; Pascal Maguire, Sales Director for Africa at Fireblocks; Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank; Ugodre Obi-Chukwu, Founder and CEO at Nairametrics; Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission (SEC).

    LAGOS, Nigeria, July 08, 2025 (GLOBE NEWSWIRE) — The Securities and Exchange Commission (SEC) Nigeria, in collaboration with leading digital assets exchange Quidax, hosted an educational series aimed at equipping Nigerian finance professionals with the knowledge and tools needed to navigate the evolving digital assets ecosystem.

    The exclusive two-day event, held at the prestigious Capital Club in Victoria Island, Lagos, convened representatives from commercial banks, asset management firms, pension fund administrators, and securities traders. Some of the participants at the event were from Zenith Bank, ARM, Investment One, FBNQuest, Interswitch, Ecobank, Africa Prudential, Meristem, Wema Bank, Capitafield, Sterling Bank, and several other companies.

    Driving Adoption Through Education and Regulation

    Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme’s significance. He stated that the initiative reflects the commission’s statutory responsibility not only to regulate the capital market but also to actively develop it.

    Dan Abu emphasized the integral role of traditional financial institutions in the growth of the digital asset ecosystem. “The banks hold fiat currency. If they don’t understand what is going on, it creates a disconnect in the value chain. The more banks that understand digital assets, the better the playing field for users,” he explained.

    This educational series builds on a series of significant regulatory milestones in Nigeria’s digital finance space. On 29 March 2025, President Bola Tinubu signed into law the Investments and Securities Act (ISA) 2025, which formally classifies cryptocurrencies and other virtual assets as securities, thereby placing them under the SEC’s purview. Prior to this, in June 2024, the commission issued rules for Virtual Asset Service Providers, providing crucial regulatory backing to exchanges and other entities operating in the space.

    Quidax’s Pan-African Mission and the Importance of Collaboration

    Buchi Okoro, Co-founder and Chief Executive Officer of Quidax, highlighted the event’s core purpose: supporting adoption by educating both beginners and advanced participants within the financial industry. “Adoption starts with education. This session caters to people at different knowledge levels, from total beginners to those who have conducted blockchain pilots,” he said.

    Okoro reiterated Quidax’s ambitious Pan-African mission, noting that the exchange already operates in nine countries and plans to expand to all 54 African nations. “We’re solving African problems for Africans, and this event partnership with the SEC helps us do that within regulatory guardrails,” he added.

    Industry Leaders Endorse the Initiative

    The event garnered strong support from other key industry players, reinforcing the collaborative spirit essential for digital asset integration.

    Pascal Maguire, Sales Director for Africa at Fireblocks, stressed the need for such forums: “We need more finance and payments experts and decision makers to attend such forums as this enables them to see that they have trusted partners in firms like Quidax, Fireblocks, and the SEC who can both educate them and guide them on their adoption and innovation journey.”

    Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank, a panelist at the event, highlighted the pressing need for digital assets due to inefficiencies in traditional banking. “Today, moving money internationally still takes days and depends on informal channels. With blockchain, you can transfer value instantly and securely,” he stated.

    Attendees also expressed their positive reception. Sunday Joseph Olaniyan, Head of E-Business at Sun Trust Bank, remarked, “Events like these bring such awareness even closer to us as institutions here in Nigeria and presents us with the opportunity to not be left out of this wave of change. People like myself who have been aware of digital assets are now even more sensitized to the global trend and I sure do not want to be left behind at all.”

    Adding to the sentiment, Bukola James-Cole, Director of Capital Market at Africa Prudential PLC, spoke about the natural evolution of money. She emphasized, “Whether we like it or not it will happen so the earlier we start getting educated about digital assets the better for the industry.”

    About Quidax

    Quidax is an African-founded cryptocurrency exchange that makes it easy for anyone to buy, sell, store and transfer cryptocurrencies. Quidax additionally enables OTC trading and gives fintechs the tools to offer cryptocurrency services to customers through a dedicated crypto API.

    Quidax was officially launched in 2018 and has customers in over 70 countries.

    Contact:
    Pearl
    pearl@quidax.com

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

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

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1ea4400e-9377-4b98-b4be-b7fb6531a1d5

    The MIL Network

  • MIL-OSI: Wearable Devices Partners with Japanese E-Commerce Platform to Expand Distribution and Market Reach for Mudra Band and Mudra Link

    Source: GlobeNewswire (MIL-OSI)

    Yokneam Illit, Israel, July 08, 2025 (GLOBE NEWSWIRE) — Wearable Devices Ltd. (the “Company” or “Wearable Devices”) (Nasdaq: WLDS, WLDSW), a technology growth company specializing in artificial intelligence (“AI”)-powered touchless sensing wearables, today announced a collaboration with Media Exceed Co., Ltd. (“Media Exceed”), a leading e-commerce company in Japan. Under this agreement, Media Exceed will serve as a non-exclusive reseller of Wearable Devices’ innovative Mudra Band and Mudra Link products in the Japanese market, expanding the reach of its cutting-edge neural input solutions to one of the world’s most tech-savvy consumer bases.

    This collaboration aims to enhance the availability of Wearable Devices’ neural interface products in Japan, leveraging Media Exceed’s robust e-commerce platform and market expertise. The collaboration supports both drop shipping and wholesale models, ensuring streamlined order fulfillment and localized customer support for Japanese buyers.

    “We are excited to collaborate with Media Exceed to bring our cutting-edge gesture control technology to a broader audience in Japan,” said Asher Dahan, Chief Executive Officer of Wearable Devices. “This collaboration aligns with our strategic goal of expanding our global footprint and making our products more accessible to users worldwide.”

    Mr. Shinya Kasuga, Chief Executive Officer of Media Exceed commented on the collaboration, “We are eager to start working with Wearable Devices and bring the innovative Mudra products to the Japanese market. Their neural interface technology aligns perfectly with our vision to introduce cutting-edge solutions that enhance the way people interact with digital devices.”

    The Mudra Band, designed for Apple Watch users, and the Mudra Link, compatible with Android and Windows devices, utilize proprietary Surface Nerve Conductance sensors to detect neural signals from subtle finger movements. These signals are translated into intuitive commands, enabling touchless control of digital devices. The Mudra Link was recently showcased at CES® 2025, where it received an Innovation Award in the XR Technologies and Accessories category.

    Media Exceed will offer these products through its online platforms, providing Japanese consumers with direct access to Wearable Devices’ innovative technology. The collaboration is expected to enhance user experience and satisfaction by combining advanced wearable technology with Media Exceed’s customer-centric approach.

    About Wearable Devices

    Wearable Devices Ltd. (Nasdaq: WLDS, WLDSW) is a growth company pioneering human-computer interaction through its AI-powered neural input touchless technology. Leveraging proprietary sensors, software, and advanced AI algorithms, the Company’s consumer products – the Mudra Band and Mudra Link – are defining the neural input category both for wrist-worn devices and for brain-computer interfaces. These products enable touch-free, intuitive control of digital devices using gestures across multiple operating systems.

    Operating through a dual-channel model of direct-to-consumer sales and enterprise licensing and collaborations, Wearable Devices empowers consumers with stylish, functional wearables for enhanced experiences in gaming, productivity, and extended reality (XR). In the business sector, the Company provides enterprise partners with advanced input solutions for immersive and interactive environments, from AR/VR/XR to smart environments.

    By setting the standard for neural input in the XR ecosystem, Wearable Devices is shaping the future of seamless, natural user experiences across some of the world’s fastest-growing tech markets. Wearable Devices’ ordinary shares and warrants trade on the Nasdaq Capital Market under the symbols “WLDS” and “WLDSW,” respectively.

    Forward-Looking Statements Disclaimer

    This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, that are intended to be covered by the “safe harbor” created by those sections. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “believe,” “expect,” “may,” “should,” “could,” “seek,” “intend,” “plan,” “goal,” “estimate,” “anticipate” or other comparable terms. For example, we are using forward-looking statements when we discuss the aim of our collaboration with Media Exceed, benefits and advantages of our products and technology, our strategic goal of expanding our global footprint and making our products more accessible to users worldwide and that the collaboration is expected to enhance user experience and satisfaction. All statements other than statements of historical facts included in this press release regarding our strategies, prospects, financial condition, operations, costs, plans and objectives are forward-looking statements. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the trading of our ordinary shares or warrants and the development of a liquid trading market; our ability to successfully market our products and services; the acceptance of our products and services by customers; our continued ability to pay operating costs and ability to meet demand for our products and services; the amount and nature of competition from other security and telecom products and services; the effects of changes in the cybersecurity and telecom markets; our ability to successfully develop new products and services; our success establishing and maintaining collaborative, strategic alliance agreements, licensing and supplier arrangements; our ability to comply with applicable regulations; and the other risks and uncertainties described in our annual report on Form 20-F for the year ended December 31, 2024, filed on March 20, 2025 and our other filings with the Securities and Exchange Commission. We undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

    Investor Relations Contact
    Michal Efraty
    IR@wearabledevices.co.il

    The MIL Network

  • MIL-OSI Africa: Securities and Exchange Commission (SEC), Quidax Bring Together Top Banks, Asset Managers to Drive Digital Assets Adoption in Nigeria

    Source: APO – Report:

    The Securities and Exchange Commission (SEC) Nigeria, in collaboration with leading digital assets exchange Quidax (www.Quidax.io), hosted an educational series aimed at equipping Nigerian finance professionals with the knowledge and tools needed to navigate the evolving digital assets ecosystem.

    The exclusive two-day event, held at the prestigious Capital Club in Victoria Island, Lagos, convened representatives from commercial banks, asset management firms, pension fund administrators, and securities traders. Some of the participants at the event were from Zenith Bank, ARM, Investment One, FBNQuest, Interswitch, Ecobank, Africa Prudential, Meristem, Wema Bank, Capitafield, Sterling Bank, and several other companies.

    Driving Adoption Through Education and Regulation

    Speaking at the event, Abdulrasheed Dan Abu, Head of FinTech and Innovation at the Securities and Exchange Commission, underscored the programme’s significance. He stated that the initiative reflects the commission’s statutory responsibility not only to regulate the capital market but also to actively develop it.

    Dan Abu emphasized the integral role of traditional financial institutions in the growth of the digital asset ecosystem. “The banks hold fiat currency. If they don’t understand what is going on, it creates a disconnect in the value chain. The more banks that understand digital assets, the better the playing field for users,” he explained.

    This educational series builds on a series of significant regulatory milestones in Nigeria’s digital finance space. On 29 March 2025, President Bola Tinubu signed into law the Investments and Securities Act (ISA) 2025, which formally classifies cryptocurrencies and other virtual assets as securities, thereby placing them under the SEC’s purview. Prior to this, in June 2024, the commission issued rules for Virtual Asset Service Providers, providing crucial regulatory backing to exchanges and other entities operating in the space.

    Quidax’s Pan-African Mission and the Importance of Collaboration

    Buchi Okoro, Co-founder and Chief Executive Officer of Quidax, highlighted the event’s core purpose: supporting adoption by educating both beginners and advanced participants within the financial industry. “Adoption starts with education. This session caters to people at different knowledge levels, from total beginners to those who have conducted blockchain pilots,” he said.

    Okoro reiterated Quidax’s ambitious Pan-African mission, noting that the exchange already operates in nine countries and plans to expand to all 54 African nations. “We’re solving African problems for Africans, and this event partnership with the SEC helps us do that within regulatory guardrails,” he added.

    Industry Leaders Endorse the Initiative

    The event garnered strong support from other key industry players, reinforcing the collaborative spirit essential for digital asset integration.

    Pascal Maguire, Sales Director for Africa at Fireblocks, stressed the need for such forums: “We need more finance and payments experts and decision makers to attend such forums as this enables them to see that they have trusted partners in firms like Quidax, Fireblocks, and the SEC who can both educate them and guide them on their adoption and innovation journey.”

    Ajibade Laolu Adewale, Chairman of the Committee of E-Business Heads in Nigerian Banks and Chief Partnership Officer at Wema Bank, a panelist at the event, highlighted the pressing need for digital assets due to inefficiencies in traditional banking. “Today, moving money internationally still takes days and depends on informal channels. With blockchain, you can transfer value instantly and securely,” he stated.

    Attendees also expressed their positive reception. Sunday Joseph Olaniyan, Head of E-Business at Sun Trust Bank, remarked, “Events like these bring such awareness even closer to us as institutions here in Nigeria and presents us with the opportunity to not be left out of this wave of change. People like myself who have been aware of digital assets are now even more sensitized to the global trend and I sure do not want to be left behind at all.”

    Adding to the sentiment, Bukola James-Cole, Director of Capital Market at Africa Prudential PLC, spoke about the natural evolution of money. She emphasized, “Whether we like it or not it will happen so the earlier we start getting educated about digital assets the better for the industry.”

    – on behalf of Quidax.

    About Quidax:
    Quidax is an African-founded cryptocurrency exchange (https://apo-opa.co/3TvxUhk) that makes it easy for anyone to buy, sell, store and transfer cryptocurrencies. Quidax additionally enables OTC trading (https://apo-opa.co/3IiELby) and gives fintechs the tools to offer cryptocurrency services to customers through a dedicated crypto API.

    Quidax was officially launched in 2018 and has customers in over 70 countries.

    Media files

    .

    MIL OSI Africa

  • MIL-OSI Banking: Benchmarking Public Spending Efficiency in Education, Health, and Infrastructure in Ireland

    Source: International Monetary Fund

    Preview Citation

    Format: Chicago

    Yen N Mooi. “Benchmarking Public Spending Efficiency in Education, Health, and Infrastructure in Ireland”, Selected Issues Papers 2025, 090 (2025), accessed July 8, 2025, https://doi.org/10.5089/9798229016872.018

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    Summary

    The paper benchmarks Ireland’s public spending efficiency to peer countries in infrastructure, health, and education using a variety of indicators and maps the efficiency frontiers in these sectors using the Data Envelopment Analysis (DEA) method. It finds that while Ireland is at the efficiency frontier for education spending, there is room for potential gains in public spending efficiency on health and infrastructure. Achieving these gains could create further fiscal space to improve Ireland’s buffers for shocks in an environment of heightened global uncertainty and structural shifts.

    Subject: Capital spending, Current spending, Education, Education spending, Expenditure, Expenditure efficiency, Health, Health care, Health care spending, Infrastructure, National accounts

    Keywords: Capital spending, Current spending, Data Envelopment Analysis, Education spending, Expenditure efficiency, General government spending, Health care, Health care spending, Infrastructure, Public Spending Efficiency, Total expenditures

    Publication Details

    MIL OSI Global Banks

  • MIL-OSI Russia: Enrollment is open for Master’s programs founded by Chinese and Kazakh universities

    Translation. Region: Russian Federal

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

    An important disclaimer is at the bottom of this article.

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

    BEIJING, July 8 (Xinhua) — Admissions have opened for master’s programs jointly founded by China’s Nankai University and Kazakhstan’s L.N. Gumilyov Eurasian National University, Nankai University, located in the north Chinese city of Tianjin, said.

    The master’s programs in Belt and Road Economic and Trade Cooperation and Digital Economy and Industrial Innovation were launched with the approval of China’s Ministry of Education. Applicants can enroll in these programs without having to take the National Unified Examination for Master’s Degrees, according to a statement released on the website of Nankai University on Tuesday.

    Classes for these programs are scheduled to begin in September of this year.

    These educational projects are aimed at training specialists in the field of integrated economic management, competent in trade and economic cooperation within the framework of the Belt and Road, the digital economy and industrial innovation.

    After successfully passing the tests and defending their final theses, students will receive a master’s degree from the L. N. Gumilyov Eurasian National University. -0-

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News

  • MIL-OSI United Kingdom: Attorney General’s speech at Summer School in the Law of the Council of Europe.

    Source: United Kingdom – Executive Government & Departments

    Speech

    Attorney General’s speech at Summer School in the Law of the Council of Europe.

    The Attorney General delivered a speech ‘The Implementation of Strasbourg Court Judgments at National Level – Subsidiarity in Action’ at the Summer School in the Law of the Council of Europe.

    Introduction

    Thank you, Professor Garde.

    I am delighted to be addressing you this morning at the opening of what I am sure will be a fascinating Summer School on the Law of the Council of Europe.

    Your theme could not be more topical – the effectiveness of the Council of Europe in Tackling the Pressing Challenges of our times. 

    For what pressing challenges we face.

    Conflicts rage around the world, new threats are posed by climate change, growing inequality, mass migration, and by emerging artificial intelligence.

    The substantive challenges are numerous, global and complex.

    And they have to be addressed in an ever more challenging political environment of polarised public discourse fuelled by social media, tempting many towards the easy solutions offered by populist leaders.

    In light of these pressing challenges, we must renew our commitment to a strong international rules-based system, underpinned by an unequivocal commitment to the rule of law.

    This is why, since taking office, I have spoken repeatedly of my government’s commitment to the rule of law. Of how it will act as our lodestar.

    This should not be contentious. The Council of Europe’s body of constitutional experts, the Venice Commission for Democracy through Law, in their Rule of Law Checklist note that the rule of law is a concept of universal validity.

    The “need for universal adherence to and implementation of the Rule of Law at both the national and international levels” was endorsed by all Members States of the United Nations in 2005.

    Lord Bingham, one of the UK’s most distinguished judges, described the rule of law as “one of the greatest unifying factors—perhaps the greatest—and as an ideal worth striving for, in the interests of good government and peace, at home and in the world at large.”  

    What do we mean, though, by the rule of law in the Council of Europe context?

    It is not just rule of law; it clearly means much more than that in the European legal tradition.

    The Venice Commission, after long reflection on what conception of the rule of law fits best with European constitutional traditions, summarised the rule of law as the presence of six key elements:

    legality; legal certainty; the prohibition of arbitrariness; access to justice before independent and impartial courts; respect for human rights and non-discrimination; and equality before the law.

    This European conception of the rule of law was heavily influenced by Tom Bingham’s account in his wonderfully accessible book, The Rule of Law.

    A cornerstone of that rules-based system in Europe is of course the Council of Europe. Formed, you will recall, in the aftermath of World War Two. When we had seen the worst of humanity.

    But out of those horrors, a group of like-minded states came together with a pledge to uphold the rule of law, democracy and human rights.

    And for over 75 years, the Council, has stood as the conscience of Europe. It has sought to unite us around those shared values. 

    And those values have served us well. They have formed a foundation for European peace and prosperity.

    I consider that they remain the best hope of protecting us from the threats we face today, and those which are no doubt coming tomorrow. 

    At the heart of the Council of Europe system is the European Convention on Human Rights and Fundamental Freedoms.

    A shared statement of the rights, which all of us in the European family of nations hold dear.

    Based on the UN’s Universal Declaration of Human Rights and drafted by a British lawyer, David Maxwell Fyfe.

    The rights it contains reflect long-standing traditional common-law rights in our country. 

    The supranational system of human rights protection that has been built on those British foundations is one of the great achievements of the post-War period. 

    Its very durability demonstrates how well it has combined effective legal protection for the rights of individuals with a sensitivity to the importance of elected governments in our democratic societies.

    So my own view on one of the central questions that you will be considering at your Summer School is that the Council of Europe has proved extraordinarily effective at protecting the foundational European values of human rights, democracy and the rule of law. 

    It has also, for most of its 75 years, succeeded in uniting Europe around those shared values.

    This does not mean of course that every aspect of the Council of Europe must be preserved in aspic.  International organisations and their institutions must always evolve to ensure that they continue to serve their central purpose and that they retain the public confidence of every generation. 

    That means we must be prepared to build on our existing mechanisms, developing them where necessary to ensure that they can deal with today’s pressing challenges.

    Of course, we must always remain vigilant to guarantee that such updating strengthens the protection of our shared values rather than weakening them, whilst ensuring that such reform balances liberty with responsibility, individual rights with the public interest.

    There are many ways in which the operation of the Council of Europe’s institutions could be improved. 

    There is considerable scope, for example, to build on the recent explicit recognition of the principle of subsidiarity in the preamble to the ECHR – for example by helping states to better implement the Convention at national level so that the subsidiary role of the Court becomes less and less required as national protection of ECHR rights improves. 

    We should not be afraid – indeed, must not be afraid – of discussing how the European system for the protection of human rights can be improved to ensure that the public are confident that it continues to serve the central purpose on which everyone agrees: that human rights require effective legal protection. 

    Rather, we should be confident that we can demonstrate the value of this remarkable piece of institution-building and find imaginative ways of improving its operation in practice, which secures its democratic legitimacy, and ensures it is fit to meet the challenges we face, without weakening its protections.

    The execution of judgments, which I know is one of the themes you will be exploring at the Summer School, is one such area in which there is considerable scope to enhance the democratic legitimacy of the ECHR system, and on which the UK has taken a significant lead, so it is to this that I now turn.

    The Importance of Language

    First, I want to make a small but important point about language.

    The first step towards enhancing the democratic legitimacy of the ECHR is to talk about it in a way that is accessible and readily understandable by ordinary people.

    The phrase “the execution of judgments” fails that test.

    “Execution” is a lawyer’s term. The public’s understanding of execution is that it has something to do with capital punishment.

    Insofar as non-lawyers understand the meaning of the term, the execution of a court judgment sounds like a merely formal step in which the Government does what the court in its judgment has told it to do.

    As I will go on to explain, that does not reflect the reality following a judgment of the European Court of Human Rights, which very often leaves considerable scope to the democratic branches to decide how best to respond to the Court’s judgment.

    If we care about the democratic legitimacy of the ECHR, as we do and as we must, we therefore need a different language in which to talk about what happens following a finding of a violation by the European Court of Human Rights.

    Talking about the “implementation” of judgments is preferable to talking about their “execution”.

    But even “implementation” downplays the scope for democratic debate and political choice when a State considers how it should respond to an adverse judgment against it.

    It is important to frame the discussion in a way which makes clear to ordinary people the scope that usually remains for democratic debate when deciding how to respond.

    The obligation to comply with Court judgments

    In Article 46 of the Convention States, including the UK, have made an important commitment.  They have undertaken to abide by any final judgment of the European Court of Human Rights to which they are a party.

    This obligation, voluntarily entered into by all Council of Europe member states, is a crucial foundation of the international legal order in Europe.  It is key to ensuring the Convention is effective in practice. As the Venice Commission, in their report on the Polish judges case put it: ‘the right to individual petition would be illusory if a final binding judgment of the European Court of Human Rights remained unenforced.”

    Everyone agrees that it is a crucial feature of the rule of law that no-one is above the law.  That must include governments. If governments disregard decisions of the courts, then it undermines the rule of law.

    As the Venice Commissions puts it in their Rule of Law Checklist, “Judicial decisions are essential to the implementation of the Constitution and of legislation. The right to a fair trial and the Rule of Law in general would be devoid of any substance if judicial decisions were not executed.”

    The Convention recognises this, and Article 46 goes on to give the Committee of Ministers the responsibility for ensuring that judgments are given effect. It also includes a power for the Committee to refer cases back to the Court if they consider that a judgment is unclear, or that a Party is not abiding by their obligations.

    Subsidiarity in responding to Court judgments

    However, it is vital to understand the nature of the process that follows a final judgment of the Court of Human Rights that a state has violated the Convention.

    A recurring criticism of the European Court is that it erodes national sovereignty; that when it finds States in breach of the Convention, there is a democratic deficit. Too often their judgments are mischaracterised as an anti-democratic exercise in dictation from abroad.

    Confidence risks being undermined by misconceptions about the relationship between the European court and state parties.

    I therefore want to emphasise the critical role that national authorities have in implementing those judgments.  

    The principle of subsidiarity, captured by Protocol 15 which formally introduced the concept into the preamble to the Convention, means that States have primary responsibility for implementing the Convention rights into their national system.

    It states, ‘the High Contracting Parties, in accordance with the principle of subsidiarity, have the primary responsibility to secure the rights and freedoms defined in this Convention’.  This recognises that it is domestic authorities with the power and understanding to ensure rights compliance in each country, in light of their cultural values.

    That means that States have to have an effective legal framework which gives practical and meaningful effect to those rights.  In the UK that is the Human Rights Act.

    But it also means that, following a finding of a violation of Convention rights by the Court, states also have the primary responsibility to find a way to give effect to those rulings in a way that works for their particular national context.

    The responsibility for implementing judgments is therefore a shared responsibility between the branches of the State, including the democratically elected branches. This ensures that no judgment ends in Strasbourg. That it finds full, timely implementation at a national level.

    It goes hand in hand with the margin of appreciation – the recognition from the European Court that different countries have different legal, cultural, and social contexts, and therefore, they should be given flexibility in how they interpret and apply the Convention rights.

    Subsidiarity is not subordination; the European Court institutions must still ensure that national authorities keep to their obligations, but the main responsibility for working out how to do so rests with the states, in accordance with their democratic processes. Balancing national sovereignty with respect for universal rights.      

    Subsidiarity is a vital link between the mutually reinforcing principles of democracy, human rights and the rule of law.

    The process for the implementation of judgments is an example of subsidiarity in action: all arms of the state, and civil society, playing their part in deciding the most appropriate way of giving effect to the rulings of the European court.

    UK processes

    Before saying a little about how the UK gives effect to judgments from the European Court, it is worth recalling that the UK has the lowest per capita rate of violations of any party. Last year there were just three judgments against the UK, one finding a violation, one finding no violation and one which was settled. So perhaps with less adverse judgments, we have an easier job ensuring that they are implemented.

    But even with that concession in mind, the UK does implement the judgements of the European Court with a current closure rate of around 98%.

    I want to now offer some reflections on our approach and why I see it as subsidiarity in action.

    The European Convention is given further effect in domestic law through the architecture of the Human Rights Act 1998. That architecture includes a power in section 10 to respond to adverse judgments from the courts – both the European Court of Human Rights and domestic courts.

    This enables the Executive a ‘fast track’ way of introducing legislation into Parliament to remedy the breach of Convention rights which the court has found. How to respond to any adverse decision therefore falls to the democratically elected government to decide.

    But as well as the Executive, the legal framework of the Human Rights Act, and the institutional human rights machinery that has been built in the UK, ensures that both Parliament and civil society also play their part.

    The Joint Committee on Human Rights is the Parliamentary Committee responsible for examining matters relating to human rights. It scrutinises government legislation to ensure that it is compatible with human rights. It also systematically scrutinises the Government’s response to human rights judgments of courts. Where that response is by way of a Remedial Order, the Committee’s terms of reference require it to report on any Remedial Order made under the Human Rights Act, prior to consideration by both Houses of Parliament.

    As part of this process, the Committee often calls for evidence and welcomes input from civil society.

    This system allows for considerable democratic input into the process of responding to a Court judgment. It also offers a high level of democratic scrutiny, ensuring action is taken in response to adverse judgments to protect rights, but recognising that there might be a range of possible responses which satisfy the judgment. It therefore supports the rule of law values of transparency and accountability.

    Let me illustrate with an example. In May 2021 the Grand Chamber found a violation of Articles 8 and 10 in the case of Big Brother Watch and Others v the UK.

    These cases each challenged elements of the UK’s investigatory powers regime. At the time of the judgment, enhanced safeguards had already been introduced, however, there remained issues with Convention compliance.

    The then Government laid before Parliament a proposed Remedial Order to introduce further safeguards into the regime, in particular to offer further protections for journalistic material.

    The Joint Committee on Human Rights published their report, recommending one change to further protect rights. This was accepted by Government. Representations were also received from the Investigatory Powers Commissioner’s Office and the UK Intelligence Community, which were also taken into account.

    The Remedial Order was passed by Parliament and amended the regime to better safeguard the rights of all. An action report of the steps taken was sent to the Committee of Ministers, who closed their supervision of the judgment.

    This is just one example of how the democratically elected government, and Parliament have responded to a judgment from the European Court to ensure not just rights compliance, but rights compliance in the national interest, and on the terms of a sovereign Parliament. The process for responding to a judgment of the Court is subsidiarity in action. Understanding and explaining it as such is vital for maintaining confidence in the credibility and legitimacy of the Convention.

    Conclusion

    We must counter the common perception of the Court’s judgments as a foreign imposition on our national sovereignty and reflect the more nuanced reality. The proper implementation of judgments is an essential pillar of the rule of law.

    But it is also subsidiarity in action; the national authorities, including the democratic branches, debating and deciding how best to respond to a Court judgment, and then working in partnership with the Council of Europe institutions to give effect to our shared values.

    I therefore welcome the focus of this Summer School on this very important issue. There is no justice for victims if judgments are not enforced, because a judgment without execution is a right without remedy. But to secure the public’s confidence in the democratic legitimacy of the system, institutional mechanisms and processes must be developed to ensure meaningful opportunities for political debate about how best to respond to Court judgments.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI: OTC Markets Group Welcomes Vaxart, Inc. to OTCQX

    Source: GlobeNewswire (MIL-OSI)

    NEW YORK, July 08, 2025 (GLOBE NEWSWIRE) — OTC Markets Group Inc. (OTCQX: OTCM), operator of regulated markets for trading 12,000 U.S. and international securities, today announced Vaxart, Inc. (OTCQX: VXRT), a clinical-stage biotechnology company, has qualified to trade on the OTCQX® Best Market. Vaxart, Inc. previously traded on NASDAQ.

    Vaxart, Inc. begins trading today on OTCQX under the symbol “VXRT.” U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the company on www.otcmarkets.com.

    Trading on the OTCQX Market offers companies efficient, cost-effective access to the U.S. capital markets. Streamlined market requirements for OTCQX are designed to help companies lower the cost and complexity of being publicly traded, while providing transparent trading for their investors. To qualify for OTCQX, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

    “We thank OTC Markets Group for welcoming us and appreciate our investors for their continued support” said Steven Lo, Vaxart CEO. “We remain focused on making meaningful scientific progress in developing oral pill vaccines to potentially transform public health.”

    About Vaxart, Inc.
    Vaxart is a clinical-stage biotechnology company developing a range of oral recombinant vaccines based on its proprietary delivery platform. Vaxart vaccines are designed to be administered using pills that can be stored and shipped without refrigeration and eliminate the risk of needle-stick injury. Vaxart believes that its proprietary pill vaccine delivery platform is suitable to deliver recombinant vaccines, positioning the company to develop oral versions of currently marketed vaccines and to design recombinant vaccines for new indications. Vaxart’s development programs currently include pill vaccines designed to protect against coronavirus, norovirus and influenza, as well as a therapeutic vaccine for human papillomavirus (HPV), Vaxart’s first immune-oncology indication. Vaxart has filed broad domestic and international patent applications covering its proprietary technology and creations for oral vaccination using adenovirus and TLR3 agonists

    About OTC Markets Group Inc.

    OTC Markets Group Inc. (OTCQX: OTCM) operates regulated markets for trading 12,000 U.S. and international securities. Our data-driven disclosure standards form the foundation of our public markets: OTCQX® Best Market, OTCQB® Venture Market, OTCID™️ Basic Market and Pink Limited Market.

    Our OTC Link® Alternative Trading Systems (ATSs) provide critical market infrastructure that broker-dealers rely on to facilitate trading. Our innovative model offers companies more efficient access to the U.S. financial markets.

    OTC Link ATS, OTC Link ECN, OTC Link NQB, and MOON ATS are each SEC regulated ATS, operated by OTC Link LLC, a FINRA and SEC registered broker-dealer, member SIPC. To learn more about how we create better informed and more efficient markets, visit
    www.otcmarkets.com.

    Subscribe to the OTC Markets RSS Feed

    Media Contact:
    OTC Markets Group Inc., +1 (212) 896-4428, media@otcmarkets.com

    The MIL Network

  • MIL-OSI Africa: 30% US Tariff Will Be a Blow to Economic Growth, Jobs and Trade Certainty

    Source: APO – Report:

    .

    The Chairperson of the Select Committee on Economic Development and Trade, Ms Sonja Boshoff, has expressed grave concern over the impending 30% tariff imposed by the United States government on key South African exports, as the tariffs will have far-reaching consequences for exporters and on the broader ailing South African economy.

    Ms Boshoff said the US tariff order, which was signed yesterday and is set to come into effect on 1 August 2025, undermines the historical US–SA trade cooperation and poses a serious threat to strategic sectors such as citrus, macadamia, automotive components, steel and aluminium. “These industries are not abstract economic indicators; they are lifelines for tens of thousands of workers, particularly in rural and small-town South Africa,” emphasised Ms Boshoff.

    She said South Africa’s citrus industry alone supports more than 35 000 jobs and contributes over R38 billion annually to the economy. “A tariff of this magnitude threatens not only the profitability of our exporters, but the livelihoods of workers and the economic stability of entire agricultural regions,” stressed Ms Boshoff.

    She said the tariff order also casts a dark shadow over the future of the African Growth and Opportunity Act (AGOA), which has long facilitated preferential access to US markets. With the new duty effectively neutralising those preferences, there is growing uncertainty for producers who depend on predictable market access to plan, invest and grow.

    “It is critical that trade agreements are honoured in good faith. No country can plan its industrial or export strategy under a cloud of sudden and unilateral tariff hikes” said Ms Boshoff.

    The committee recognises that the Department of Trade, Industry and Competition (DTIC) is pursuing negotiations with its US counterparts, reportedly offering strategic Liquefied Natural Gas procurement in exchange for a more reasonable tariff ceiling. However, such engagements must be swift, transparent and rooted in the national interest.

    “We cannot afford diplomatic dithering. Every delay will deepen the uncertainty in our export industries. The government must urgently finalise a sustainable trade path with the United States and, simultaneously, accelerate diversification into new markets across the EU, Asia and Africa,” stressed Ms Boshoff.

    The committee calls on the DTIC and the Department of Agriculture to provide support packages and market reorientation strategies for the most affected industries. This must include logistics relief, export finance support, and new market facilitation, particularly for emerging farmers and SMEs.

    “At a time when South Africa is battling record unemployment and low growth, punitive tariffs by our biggest trading partners are not just economic risks, they are catalysts for deeper inequality. We must respond with urgency, precision and policy agility,” Ms Boshoff noted.

    This unprecedent development cannot be approached with a “let it go” attitude, Ms Boshoff said. She called on the South African government to urgently send a high-level delegation to Washington to undertake repair of diplomatic ties and to reaffirm South Africa’s commitment to constructive engagement.

    President Trump signed the tariff order on Monday, 7 July, after the withdrawal of US grant funding for critical programmes in South Africa. The tariff order, which will apply to all South African products entering the US market, will come into effect from 1 August 2025.

    – on behalf of Republic of South Africa: The Parliament.

    MIL OSI Africa

  • MIL-OSI United Kingdom: Government response to the Post Office Horizon IT Inquiry report

    Source: United Kingdom – Executive Government & Departments

    Government response

    Government response to the Post Office Horizon IT Inquiry report

    The Business and Trade Secretary and the Post Office Minister have issued statements in response to the publication of the Post Office Horizon IT Inquiry’s report.

    Business Secretary, Jonathan Reynolds, said:  

    The publication of the Post Office Horizon IT Inquiry’s report today by Sir Wyn and his team marks an important milestone for subpostmasters and their families.

    I welcome the publication today and am committed to ensuring wronged subpostmasters are given full, fair and prompt redress.

    The recommendations contained in Sir Wyn’s report require careful reflection, including on further action to complete the redress schemes. Government will promptly respond to the recommendations in full in Parliament.

    Post Office Minister, Gareth Thomas, said:

    I welcome the Inquiry’s publication today and pay tribute to Sir Wyn and his team for their comprehensive and penetrating work.

    We must never lose sight of the Horizon Scandal’s human impact on postmasters and their families, which the Inquiry has highlighted so well.

    Sir Wyn’s report highlights a series of failings by the Post Office and various governments. His recommendations are immensely helpful as a guide for what is needed to finish the job and we will respond in full to Parliament after carefully considering them.

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Certification Officer Annual Report 2024-2025

    Source: United Kingdom – Executive Government & Departments

    Press release

    Certification Officer Annual Report 2024-2025

    Annual Report to the Secretary of State for Business and Trade and the Chair of ACAS on the activities of the Certification Officer

    Certification Officer for Trade Unions and Employers’ Associations: press announcement

    The annual report of the Certification Officer, Sarah Bedwell, was laid before Parliament on 7 July 2025. The report describes the work of the Certification Officer in 2024/25 and includes statistical information relating to trade unions and employers’ associations for 2023 and 2024.

    Lists of trade unions and employers’ associations

    There were changes to the list of trade unions on the Certification Officer’s list with 4 trade unions being removed and 4 new organisations being added. Therefore, the total number of listed trade unions was 128, the same number as in the previous reporting year. The number of employers’ associations remained stable at 36 with no changes.

    Trade union membership and finances

    Reported trade union membership increased by 21.8% – from 5.5 million in 2022-2023 to 6.7 million in 2023-2024. However, this was mainly because of the inclusion of Unite the Union’s membership of 1.2 million which was not included last year.

    Total assets of trade unions saw a decrease of 1.3% from £2.30 billion to £2.27 billion.

    Political funds

    Twenty unions reported on their political funds. The total amount held in those political funds was £35.8 million, an increase of 7.8% compared to the previous year.

    Complaints

    The Certification Officer issued decisions on 13 complaints from members against their trade unions. Of these, 4 complaints were withdrawn by the applicants, 3 were struck out, 5 were dismissed following hearings and 1 was upheld with 1 enforcement order being made.

    Powers from the Trade Union Act 2016

    The amendments brought in by The Trade Union Act 2016 mean that trade unions and employers’ associations are required to pay a levy to fund the costs of the Certification Officer’s office. The second levy collection was completed in the reporting year.

    The total costs which need to be funded, for this year, through the third levy are £615,146, an increase on last year’s figure of £607,444 due to implementing the agreed public sector pay increase.

    The amendments also allow the Certification Officer to:

    • Consider whether an organisation has breached certain statutory responsibilities without having first received a complaint from a member of that organisation or another eligible party.
    • Impose a financial penalty order or conditional financial penalty order where she finds that an organisation has breached its statutory responsibilities and/or its rules.

    There was one breach of the statutory election requirements which was brought to the Certification Officer’s attention by the trade union concerned. The Certification Officer agreed that the breach had occurred and made an order to remedy the breach.

    The Certification Officer did not see cause to make any financial penalty or conditional financial penalty order in relation to any of the beaches that she found (either arising from members’ complaints or otherwise).

    Notes to editors:

    • The Certification Officer is the independent regulator for trade unions, appointed by the Secretary of State for Business and Trade. Sarah Bedwell was appointed to the post on 1 January 2018 and retired on 31 May 2025. Michael Kidd was appointed as Interim Certification Officer from 1 June 2025.

    • All figures are taken from the annual returns received from organisations during the reporting year.

    Please direct any press enquiries to:

    0330 109 3602, info@certoffice.org

    Updates to this page

    Published 8 July 2025

    MIL OSI United Kingdom