NewzIntel.com

Category: Transport

  • MIL-OSI: Aemetis to Review First Quarter 2025 Financial Results on May 8, 2025

    Source: GlobeNewswire (MIL-OSI)

    CUPERTINO, Calif., May 05, 2025 (GLOBE NEWSWIRE) — Aemetis, Inc. (NASDAQ: AMTX) announced that the company will host a conference call to review the release of its first quarter 2025 earnings report:

    Date: Thursday, May 8, 2025

    Time: 11 am Pacific Time (PT)

    Live Participant Dial In (Toll Free): +1-877-545-0523 entry code 761021 

    Live Participant Dial In (International): +1-973-528-0016 entry code 761021

    Webcast URL: https://www.webcaster4.com/Webcast/Page/2211/52416

    Attendees may submit questions during the Q&A (Questions & Answers) portion of the conference call.

    The webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls, along with the company presentation, recent announcements, and video recordings.

    The voice recording will be available through May 15, 2025 by dialing (Toll Free) 877-481-4010 or (International) 919-882-2331 and entering conference ID number 52416. After May 15th, the webcast will be available on the Company’s website (www.aemetis.com) under Investors/Conference Calls.

    About Aemetis

    Headquartered in Cupertino, California, Aemetis is a renewable natural gas and renewable fuel company focused on the operation, acquisition, development, and commercialization of innovative technologies that replace petroleum products and reduce greenhouse gas emissions. Founded in 2006, Aemetis is operating and actively expanding a California biogas digester network and pipeline system to convert dairy waste gas into Renewable Natural Gas. Aemetis owns and operates a 65 million gallon per year ethanol production facility in California’s Central Valley near Modesto that supplies about 80 dairies with animal feed. Aemetis owns and operates an 80 million gallon per year production facility on the East Coast of India producing high quality distilled biodiesel and refined glycerin. Aemetis is developing a sustainable aviation fuel and renewable diesel fuel biorefinery in California, renewable hydrogen, and hydroelectric power to produce low carbon intensity renewable jet and diesel fuel. For additional information about Aemetis, please visit www.aemetis.com. 

    Company Investor Relations
    Media Contact:
    Todd Waltz
    (408) 213-0940
    investors@aemetis.com

    External Investor Relations
    Contact:
    Kirin Smith
    PCG Advisory Group
    (646) 863-6519
    ksmith@pcgadvisory.com

    The MIL Network –

  • MIL-OSI: The Keg Royalties Income Fund Enters into a Letter of Intent in Respect of a Proposed Acquisition of All Issued and Outstanding Units at $18.60 per Unit

    Source: GlobeNewswire (MIL-OSI)

    Not for distribution to U.S. News wire services or dissemination in the U.S.

    VANCOUVER, British Columbia, May 05, 2025 (GLOBE NEWSWIRE) — The Keg Royalties Income Fund (the “Fund”) (TSX: KEG.UN) today announced that it has entered into a letter of intent (the “Letter of Intent”) pursuant to which one or more affiliates of Fairfax Financial Holdings Limited (collectively, “Fairfax”) would acquire all of the issued and outstanding units of the Fund (“Units”) other than those Units already owned by Fairfax (including any Units issuable in respect of securities exchangeable into Units (the “Exchangeable Units”)), at a purchase price of $18.60 per Unit (the “Offer Price“), payable in cash (the “Proposed Transaction”).

    The Offer Price represents a 30.8% premium to the closing price for the Units on May 2, 2025, and a 34.7% premium to the 20-day volume weighted average trading price as of the end of trading on May 2, 2025.
    The Proposed Transaction would not be subject to any financing condition.

    The Letter of Intent was entered into following negotiations between Hamblin Watsa Investment Counsel Ltd. (“HWIC”), in its capacity as investment manager on behalf of Fairfax, and the board of trustees of the Fund (the “Trustees”), each of whom is independent. The Trustees determined to enter into the Letter of Intent after carefully evaluating the financial terms of the Proposed Transaction and receiving advice from the Fund’s independent financial and legal advisors.

    The largest holder of outstanding Units (without taking into account any Exchangeable Units held by Fairfax), which currently holds 14.6% of the issued and outstanding Units on an undiluted basis (representing 9.9% of the Units on a fully diluted basis, including the Exchangeable Units), has entered into an agreement with HWIC, in its capacity as investment manager on behalf of Fairfax, to support the Proposed Transaction, subject to certain customary conditions.

    In connection with their continued review of the Proposed Transaction, the Trustees have retained an independent valuator to prepare a formal valuation of the Units (the “Formal Valuation“) as required under Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and provide an opinion that, subject to the assumptions, limitations and qualifications to be set forth in any written opinion, the consideration to be received by the holders of Units (other than Fairfax) pursuant to the Proposed Transaction is fair, from a financial point of view, to the holders of Units (other than Fairfax) (a “Fairness Opinion”).

    The Letter of Intent is not a definitive agreement with respect to the Proposed Transaction, and the execution of a definitive agreement in respect of the Proposed Transaction, if any, remains subject to, among other things, (i) the negotiation and execution of a definitive agreement on terms satisfactory to the Fund and Fairfax, (ii) final approval of the Proposed Transaction by the Trustees, and (iii) receipt of the Formal Valuation and Fairness Opinion satisfactory to the Trustees. The consummation of the Proposed Transaction would be subject to various conditions customary for transactions of this nature, including, among others, (i) receipt of any required regulatory, court and stock exchange approvals, and (ii) the approval of the Proposed Transaction at a special meeting of the holders of Units entitled to vote on the Proposed Transaction, including “minority approval” as defined under MI 61-101.

    Unitholders of the Fund do not need to take any action at this time in respect of the proposal from Fairfax pursuant to the Letter of Intent and should await further information from the Trustees in respect of the Proposed Transaction.

    While the Trustees have determined to enter into the Letter of Intent with respect to the Proposed Transaction, the Letter of Intent does not bind the Trustees or the Fund to enter into the Proposed Transaction, or any agreement in respect thereof, all of which remains subject to final approval by the Trustees. There can be no assurance that the Fund and Fairfax will enter into a definitive agreement in respect of the Proposed Transaction or that the Proposed Transaction will occur as proposed or at all. The Fund does not expect to make further public comment regarding the matters contemplated herein until a definitive agreement in respect of the Proposed Transaction is entered into or the Proposed Transaction is abandoned.

    Advisors

    Capital West Partners and Lawson Lundell LLP are acting as financial advisor and legal advisor, respectively, to the Trustees in respect of the Proposed Transaction. Torys LLP is acting as legal advisor to Fairfax in respect of the Proposed Transaction.

    Forward Looking Information

    This news release contains “forward-looking information” and “forward-looking statements” (collectively, “forward-looking information”) within the meaning of applicable securities laws. This information includes, but is not limited to, statements concerning our objectives, our strategies to achieve those objectives, as well as statements made with respect to the Trustees’ beliefs, plans, estimates, projections and intentions, and similar statements concerning anticipated future events, results, circumstances, performance or expectations that are not historical facts. In some cases, forward-looking information can be identified by the use of forward-looking terminology such as “expects”, “estimates”, “intends”, “anticipates”, “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will”, “will be taken”, “occur” or “be achieved”. In addition, any statements that refer to expectations, intentions, projections or other characterizations of future events or circumstances contain forward-looking information. Statements containing forward-looking information are not historical facts but instead represent the Trustees’ expectations, estimates and projections regarding future events or circumstances. Forward-looking information in this news release, which includes, among other things, statements relating to the Proposed Transaction (including statements in respect of the execution of the definitive agreement and the consummation of the Proposed Transaction, including the satisfaction of the conditions precedent thereto, in each case, if at all), is necessarily based on a number of opinions, estimates and assumptions that the Fund considered appropriate and reasonable as of the date such statements are made in light of its experience, current conditions and expected future developments, including the assumption that the Proposed Transaction can be completed on acceptable terms and that any conditions precedent can be satisfied.

    Risks and uncertainties related to the Proposed Transaction include, but are not limited to: the possibility that the Proposed Transaction will not be completed on the terms and conditions currently contemplated; failure of the Fund and Fairfax to enter into a definitive agreement for the Proposed Transaction on terms satisfactory to the Fund and Fairfax, or at all; failure of the Fund and Fairfax to obtain the required regulatory, court, stock exchange and unitholder approvals for, or satisfy other conditions to effect, the Proposed Transaction; failure by the independent valuator to deliver a Formal Valuation and Fairness Opinion satisfactory to the Trustees at the time the definitive agreement is entered into; the risk that the Proposed Transaction may involve unexpected costs, liabilities or delays; the risk of a change in general economic conditions; the risk that, prior to the completion of the Proposed Transaction, the business of KRL (as defined below) may experience significant disruptions; the risk that any legal proceedings may be instituted against the Fund or determined adversely to the interests of the Fund; and other risk factors contained in filings made by the Fund with the Canadian securities regulators, including the Fund’s annual information form dated March 25, 2025 and financial statements and related management discussion and analysis for the financial year ended December 31, 2024 filed with the securities regulatory authorities in certain jurisdictions of Canada and available at www.sedarplus.ca.

    Although the Trustees have attempted to identify important risk factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other risk factors not presently known to them or that they presently believe are not material that could also cause actual results or future events to differ materially from those expressed in such forward- looking information. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. No forward-looking statement is a guarantee of future results. Accordingly, you should not place undue reliance on forward-looking information, which speaks only as of the date made. The forward-looking information contained in this news release represents the Fund’s expectations as of the date of this news release (or as the date they are otherwise stated to be made) and are subject to change after such date. However, the Fund disclaims any intention or obligation or undertaking to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required under applicable securities laws in Canada. All of the forward-looking information contained in this news release is expressly qualified by the foregoing cautionary statements.

    About The Keg Royalties Income Fund

    The Fund is a limited purpose, open-ended trust established under the laws of the Province of Ontario that, through The Keg Rights Limited Partnership, a subsidiary of the Fund, owns certain trademarks and other related intellectual property used by Keg Restaurants Ltd. (“KRL”). Vancouver-based KRL is the leading operator and franchisor of steakhouse restaurants in Canada and has a substantial presence in select regional markets in the United States. KRL has been named the number one restaurant company to work for in Canada in the latest edition of Forbes “Canada’s Best Employers 2025” survey.

    For further information, contact:
    Investor Relations
    Tel: (604) 276-0242
    investorrelations@kegrestaurants.com   https://www.thekeg.com/en/keg-income-fund

    The MIL Network –

  • MIL-OSI: iBio’s First-in-Class Activin E Antibody Achieves >26% Fat Reduction Without Muscle Loss and Shows Synergy with GLP-1s in Preclinical Model

    Source: GlobeNewswire (MIL-OSI)

    • Activin E antibody demonstrates significant decrease in fat in obese mice by reducing visceral fat depots, which are strongly linked to increased risk of cardiovascular and metabolic diseases, resulting in a 26% reduction in fat mass with no loss in muscle
    • Strong synergistic effect on fat mass (77% reduction) was observed when the Activin E antibody was combined with a GLP-1 receptor agonist, resulting in total weight loss of 35.3%, 7.5% greater than GLP-1 alone

    SAN DIEGO, May 05, 2025 (GLOBE NEWSWIRE) — iBio, Inc. (Nasdaq: IBIO), an AI-driven innovator of precision antibody therapies, today announced new promising preclinical data for its first-in-class Activin E antibody unveiled in January. Data from the recently completed 4-week study in diet-induced obese mice show a 26% reduction in fat mass following treatment with the Activin E antibody, with muscle mass fully preserved. These findings highlight a significant fat loss can be achieved without the double-digit weight reductions typically required by other obesity drugs.

    GLP-1 receptor agonists are effective at promoting weight loss. However, they can also reduce lean body mass, including muscle, which may limit some of the intended health benefits. In contrast, fat-specific weight loss is considered a higher-quality form of weight loss. It reduces fat—linked to lower risk of heart and metabolic diseases—while preserving muscle, which helps maintain strength, supports a healthy metabolism, and may prevent or reduce weight regain over time.

    “We believe achieving high-quality weight loss, by reducing fat mass while preserving muscle, is essential in addressing the obesity epidemic,” said Martin Brenner, DVM, PhD, Chief Executive Officer and Chief Scientific Officer of iBio. “For example, a person with a BMI of 30 is classified as obese and often has a body fat percentage exceeding 25%. Reducing fat by 25% while maintaining muscle mass and strength could shift them into a healthier weight category without compromising physical function.”

    The study also analyzed specific fat depots in obese mice and found a significant 31% reduction in subcutaneous fat. More notably, reductions of 34% and 37% were observed in the epididymal and retroperitoneal fat depots, respectively—both of which are forms of visceral fat closely linked to increased risk of cardiometabolic disease. When combined with a GLP-1 receptor agonist, the Activin E antibody produced additive effects, reducing total fat mass by 77%. Subcutaneous fat loss increased to 74%, while visceral fat depots—epididymal and retroperitoneal—were reduced by 69% and 81%, respectively. The data was presented at the 14th International BMP Conference that occurred May 2–6 in Philadelphia, Pennsylvania.

    About iBio, Inc.

    iBio (Nasdaq: IBIO) is a cutting-edge biotech company leveraging AI and advanced computational biology to develop next-generation biopharmaceuticals for cardiometabolic diseases, obesity, cancer and other hard-to-treat diseases. By combining proprietary 3D modeling with innovative drug discovery platforms, iBio is creating a pipeline of breakthrough antibody treatments to address significant unmet medical needs. Our mission is to transform drug discovery, accelerate development timelines, and unlock new possibilities in precision medicine.  For more information, visit www.ibioinc.com or follow us on LinkedIn.

    Forward-Looking Statements

    Certain statements in this press release constitute “forward-looking statements” within the meaning of the federal securities laws. Words such as “may,” “might,” “will,” “should,” “believe,” “expect,” “anticipate,” “estimate,” “continue,” “predict,” “forecast,” “project,” “plan,” “intend” or similar expressions, or statements regarding intent, belief, or current expectations, are forward-looking statements. These forward-looking statements are based upon current estimates and assumptions and include statements regarding the therapeutic potential of Activin E as a target for cardiometabolic disorders and obesity; Activin E being a promising novel therapeutic target whose inhibition is believed to induce fat-selective weight loss and offer protection against obesity and cardiometabolic disease; plans to rapidly advance testing of the antibody in more complex models; the in-licensed antibody being the first functional inhibitor of Activin E; inhibiting Activin E-mediated signaling offering a novel therapeutic strategy to reduce internal abdominal fat while preserving muscle mass potentially reversing obesity, preventing diabetes, and improving overall cardiometabolic health. As one of several cellular components involved in cardiometabolic regulation; Activin E, along with amylin, GLP-1 and others, having the potential to be targeted simultaneously to yield synergistic benefits for patients; and the antibody having the potential to deliver meaningful benefits to patients. While iBio believes these forward-looking statements are reasonable, undue reliance should not be placed on any such forward-looking statements, which are based on information available to us on the date of this release. These forward-looking statements are subject to various risks and uncertainties, many of which are difficult to predict that could cause actual results to differ materially from current expectations and assumptions from those set forth or implied by any forward-looking statements. Important factors that could cause actual results to differ materially from current expectations include, among others, the ability of Activin E to be a successful target for cardiometabolic disorders and obesity and iBio’s antibody to induce fat-selective weight loss and offer protection against obesity and cardiometabolic disease; iBio’s ability to obtain regulatory approvals for commercialization of its product candidates, or to comply with ongoing regulatory requirements; regulatory limitations relating to iBio’s ability to promote or commercialize its product candidates for specific indications; acceptance of iBio’s product candidates in the marketplace and the successful development, marketing or sale of products; and whether iBio will incur unforeseen expenses or liabilities or other market factors; and the other factors discussed in iBio’s filings with the SEC including its Annual Report on Form 10-K for the year ended June 30, 2024 and its subsequent filings with the SEC on Forms 10-Q and 8-K. The information in this release is provided only as of the date of this release, and iBio undertakes no obligation to update any forward-looking statements contained in this release on account of new information, future events, or otherwise, except as required by law.

    Corporate Contact:
    iBio, Inc.
    Investor Relations
    ir@ibioinc.com

    Media Contacts:
    Ignacio Guerrero-Ros, Ph.D., or David Schull
    Russo Partners, LLC
    Ignacio.guerrero-ros@russopartnersllc.com
    David.schull@russopartnersllc.com
    (858) 717-2310 or (646) 942-5604

    The MIL Network –

  • MIL-OSI: Study Shows Large Improvements in Long COVID Symptoms and Return to Work

    Source: GlobeNewswire (MIL-OSI)

    SAN FRANCISCO, May 05, 2025 (GLOBE NEWSWIRE) — Researchers at the University of Alabama at Birmingham (UAB) have identified what is believed to be the first intervention found in a randomized controlled trial to show large and very large improvements in multiple symptoms associated with Long COVID, and to result in people debilitated by those symptoms returning to work. The study deployed progressively challenging computerized brain exercises alongside a progressively challenging coaching approach. The brain exercise used in the study is commercially-available only in the brain exercise app, BrainHQ made by Posit Science.

    While estimates of those still coping with Long COVID vary, some 20 million Americans have been diagnosed with Long Covid, and an estimated 9-10 million still report symptoms, with nearly 14% reporting an inability to return to work even 90 days after infection.

    The UAB study showed that the intervention resulted in statistically significant and very large benefits on its primary measures of performance and satisfaction with daily activities.

    It also showed significant benefits in many secondary measures, including large to very large benefits on depressive, fatigue, and brain fog symptoms, as well as a significant benefit in brain processing speed, and a trend toward large benefits on anxiety symptoms. No significant change was noted in a measure of global cognition.

    Perhaps, most strikingly, the researchers reported that eighty percent of the non-retired participants in the intervention group returned to work, and none in the control group.

    This was a modest-sized study designed primarily to assess feasibility and to help scope follow-on studies. The researchers enrolled 16 community residents, who were three or more months past COVID infection, with mild cognitive impairment and with dysfunction in the performance of instrumental activities of daily living. Participants were randomly assigned to the intervention or to a wait-list control.

    The intervention is based on the science of neuroplasticity, which has established that intensive, repetitive, and progressively challenging activities can drive beneficial changes to the brain. The approach is based on the seminal work of Dr. Michael Merzenich, who upended the field of brain science four decades ago, by showing that brains remain plastic — capable of chemical, physical and functional change — at any age.

    After discovering lifelong plasticity, Dr. Merzenich first harnessed plasticity in his co-invention of the cochlear implant to restore hearing to hundreds of thousands of people. For the past three decades, he has focused on creating computerized brain exercises to improve brain health and function. He is the Co-Founder and Chief Scientific Officer of the company that makes the BrainHQ exercises.

    The intervention in this study reflects further work in plasticity of two distinguished UAB faculty members. Dr. Karlene Ball pioneered plasticity-based exercises to address age-related cognitive decline. Her UAB colleague, Dr. Edward Taub, developed plasticity-based, constraint-induced movement therapy to address movement disorders. His supportive and progressively challenging coaching inspired the coaching used in this study.

    Prior studies of BrainHQ exercises in older adults, and in patients with various health conditions, (cancer, heart failure, multiple sclerosis, schizophrenia, mild cognitive impairment) suggested the kind of improvements seen in this study (in cognition, daily activities, depressive symptoms, stress, fatigue, and employment status). However, the magnitude of the improvements in this study were quite large as compared to some prior studies.

    “That may be because this study population had substantial deficits with room for substantial improvement, or it may be there is extra benefit from combining the exercises with this type of coaching,” commented Dr. Henry Mahncke, CEO of Posit Science. “Either way, it suggests that brain training is a promising approach to helping people with Long COVID.”

    “It’s been a long road to address Long COVID,” observed Dr. Mahncke. “We hope this will be a turning point in identifying tools to address a condition that is often quite debilitating.”

    BrainHQ exercises have shown benefits in more than 300 studies. Such benefits include gains in cognition (attention, speed, memory, decision-making), in quality of life (depressive symptoms, confidence and control, health-related quality of life) and in real-world activities (health outcomes, balance, driving, workplace activities). BrainHQ is offered by leading health and Medicare Advantage plans, by leading medical centers, clinics, and communities, and by sports, military, and other organizations focused on peak performance. Consumers can try a BrainHQ exercise for free daily at https://www.brainhq.com.

    The MIL Network –

  • MIL-OSI: MARA Announces Bitcoin Production and Mining Operation Updates for April 2025

    Source: GlobeNewswire (MIL-OSI)

    Energized Hash Rate Grew 5.5% to 57.3 EH/s
    Increased BTC Holdings* to 48,237 BTC

    Fort Lauderdale, FL, May 05, 2025 (GLOBE NEWSWIRE) — MARA Holdings, Inc. (NASDAQ: MARA) (“MARA” or the “Company”), a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin (“bitcoin” or “BTC”) mining, to monetize excess energy and optimize power management, today published unaudited bitcoin production updates for April 2025.

    Management Commentary

    “In April, our production saw a 15% month-over-month decrease in blocks won, as global hashrate had its second largest monthly gain on record and mining difficulty grew 8% from March,” said Fred Thiel, MARA’s chairman and CEO. “Despite these headwinds, our energized hashrate grew 5.5% over the prior month. We completed a 50-megawatt (“MW”) expansion at our fully owned data center in Ohio, bringing total operational capacity to 100 MW, with the site designed to scale up to 200 MW. Additionally, we installed over 12,000 S21 Pro miners at the location.

    “Last month, we fully energized our 25 MW gas-to-power operations across wellheads in North Dakota and Texas. These sites currently provide us with our lowest cost per BTC mined while monetizing excess gas and mitigating methane emissions for the producers.

    “We remain laser-focused on transforming MARA into a vertically integrated digital energy and infrastructure company. We believe this model gives us tighter operational control, improves cost-efficiency, and makes us more resilient to shifts in the broader economy.”

    Operational Highlights and Updates

    Figure 1: Operational Highlights

    Prior Month Comparison   Prior Month Comparison  
    Metric   4/30/2025     3/31/2025     % Δ  
    Number of Blocks Won 1     205       242       (15 )%
    BTC Produced     705       829       (15 )%
    Average BTC Produced per Day     23.5       26.8       (12 )%
    Share of available miner rewards 2     5.1 %     5.8 %     NM  
    Transaction Fees as % of Total 1     1.3 %     1.3 %     NM  
    Energized Hashrate (EH/s) 1     57.3       54.3       5.5 %
    1. These metrics are MARAPool only and do not include blocks won from joint ventures.
    2. Defined as the total amount of block rewards including transaction fees that MARA earned during the period divided by the total amount of block rewards and transaction fees awarded by the Bitcoin network during the period.

    NM – Not Meaningful

    As of April 30, 2025, the Company held a total of 48,237 BTC*. MARA opted not to sell any BTC in April.

    *Includes loaned and collateralized bitcoin

    Investor Notice

    Investing in our securities involves a high degree of risk. Before making an investment decision, you should carefully consider the risks, uncertainties and forward-looking statements described under the heading “Risk Factors” in our most recent annual report on Form 10-K and any other periodic reports that we may file with the U.S. Securities and Exchange Commission (the “SEC”). If any of these risks were to occur, our business, financial condition or results of operations would likely suffer. In that event, the value of our securities could decline, and you could lose part or all of your investment. The risks and uncertainties we describe are not the only ones facing us. Additional risks not presently known to us or that we currently deem immaterial may also impair our business operations. In addition, our past financial performance may not be a reliable indicator of future performance, and historical trends should not be used to anticipate results in the future. See “Forward-Looking Statements” below.

    The operational highlights and updates presented in this press release pertain solely to our BTC mining operations. Detailed information regarding our other operations can be found in our periodic reports filed with the SEC.

    Forward-Looking Statements

    This press release contains forward-looking statements within the meaning of the federal securities laws. All statements, other than statements of historical fact, included in this press release are forward-looking statements. The words “may,” “will,” “could,” “anticipate,” “expect,” “intend,” “believe,” “continue,” “target” and similar expressions or variations or negatives of these words are intended to identify forward-looking statements, although not all forward-looking statements contain these identifying words. Such forward-looking statements include, among other things, statements related to scaling our data center in Ohio, mitigating methane emissions at our gas-to-power operations in North Dakota and Texas and expected benefits of transforming from an asset-light model into a vertically integrated digital energy and infrastructure company. Such forward-looking statements are based on management’s current expectations about future events as of the date hereof and involve many risks and uncertainties that could cause our actual results to differ materially from those expressed or implied in our forward-looking statements. Subsequent events and developments, including actual results or changes in our assumptions, may cause our views to change. We do not undertake to update our forward-looking statements except to the extent required by applicable law. Readers are cautioned not to place undue reliance on such forward-looking statements. All forward-looking statements included herein are expressly qualified in their entirety by these cautionary statements. Our actual results and outcomes could differ materially from those included in these forward-looking statements as a result of various factors, including, but not limited to, the factors set forth under the heading “Risk Factors” in our most recent annual report on Form 10-K, and any other periodic reports that we may file with the SEC.

    About MARA

    MARA (NASDAQ: MARA) is a vertically integrated digital energy and infrastructure company that leverages high-intensity compute, such as bitcoin mining, to monetize excess energy and optimize power management. We are focused on two key priorities: strategically growing by shifting our model toward low-cost energy with more efficient capital deployment and bringing to market a full suite of solutions for data centers and edge inference – including energy management, load balancing and advanced cooling.

    For more information, visit www.mara.com, or follow us on:

    Twitter: @MARAHoldings
    LinkedIn: www.linkedin.com/company/maraholdings
    Facebook: www.facebook.com/MARAHoldings
    Instagram: @maraholdingsinc

    MARA Company Contact:
    Telephone: 800-804-1690
    Email: ir@mara.com

    MARA Media Contact:
    Email: marathon@wachsman.com

    The MIL Network –

  • MIL-OSI: Articles of Association for Ringkjøbing Landbobank A/S

    Source: GlobeNewswire (MIL-OSI)

    Articles of Association

    for Ringkjøbing Landbobank A/S

    Company reg. (CVR) no. 37536814

    5 March 2025

    Name, registered office and object

    Art. 1

    The bank’s name shall be ”Ringkjøbing Landbobank, Aktieselskab”. The bank’s domicile shall be the municipality of Ringkøbing-Skjern.

    The bank’s object shall be to carry out banking business and other activities permitted by the relevant legislation in order to create a sound and healthy bank for its sphere of activities via solid and cost-efficient operations.

    The bank shall also operate under the secondary names of:

    • Nordjyske Bank A/S
    • A/S Egnsbank Nord
    • Folkebanken for Frederikshavn og Omegn Aktieselskab
    • Aktieselskabet Frederikshavns Bank
    • Aktieselskabet Skagens Bank
    • Aktieselskabet Sæby Bank
    • Vendsyssel Bank A/S
    • A/S Handels- og Landbrugsbanken i Hjørring
    • Lokalbanken i Hjørring A/S
    • Lokalbanken i Vendsyssel A/S
    • Øster Brønderslev Sparekasse A/S
    • Hallund Sparekasse A/S
    • Brønderslev Sparekasse A/S
    • A/S Nørresundby Bank
    • A/S Banken for Nørresundby og Omegn
    • Aktieselskabet Tarm Bank
    • Egnsbank Vest A/S

    The bank’s capital and shares

    Art. 2

    The bank’s share capital shall be nom. DKK 25,391,697 in shares of nom. DKK 1.

    Art. 2a

    The general meeting has decided to authorise the board of directors to increase the share capital in one or more rounds by up to nom. DKK 5,078,339 with right of pre-emption for the bank’s existing shareholders. The capital increase shall be fully paid up in cash. The capital increase may be below the market price. This authorisation shall apply until 4 March 2030.

    Art. 2b

    The general meeting has decided to authorise the board of directors to increase the share capital in one or more rounds by up to nom. DKK 2,539,169 without right of pre-emption for the bank’s existing shareholders. The capital increase may be by cash payment or contribution of an existing company or specific asset values corresponding to the value of the shares issued. The capital increase shall be fully paid up at the market price ascertained by the board of directors. This authorisation shall apply until 4 March 2030.

    Art. 2c

    If the share capital is increased in accordance with Articles 2a and 2b, the board of directors shall determine the terms and conditions for subscription, including the time, matters relating to subscription, subscription price and the time from when the new shares carry a right to dividend. The board of directors may use the authorisations under Articles 2a and 2b to increase the share capital by a maximum of nom. DKK 5,078,339 in total.

    Art. 2d

    Shares for which subscription is made under the Articles 2a and 2b shall be negotiable securities and shall be registered in the holder’s name. The board of directors shall determine the extent to which the shares for which subscription is made under the specified articles carry the right to dividend from the year of subscription, and the shares shall also be subject to the same rules applying to the other shares with respect to rights, redeemability and negotiability. Finally, there shall be no limitations under the Article 2a and under the Article 2b to the subscribed shares’ right of pre-emption under Article 2a on future increases.

    Art. 2e

    The general meeting authorises the board of directors to make the requisite amendments to the Articles of Association required by the capital increases under the Articles 2a and 2b.

    Art. 3

    The shares shall be issued by name.
    The shares shall be negotiable instruments.
    No shareholder shall be obliged to permit redemption of his or her shares in whole or in part.
    There shall be no limitations to the negotiability of the shares.
    No shareholder shall have special rights.

    The bank’s share register is VP Securities A/S, CVR no. 21599336.

    Art. 4

    Lost shares, interim certificates, certificates of right of pre-emption, partial certificates, coupons and counterfoils may be cancelled by the bank without a court order under the current rules applying to shares which are negotiable instruments. The costs of cancellation shall be payable by the person who makes the request.

    The bank’s management

    The bank’s affairs shall be managed by:

    1. The general meeting

    2. The shareholders’ committee

    3. The board of directors

    4. General management

    The general meeting

    Art. 5

    The ordinary general meeting shall be held in Ringkøbing each year before the end of March.

    The board of directors may decide to hold all or part of a general meeting electronically, if the board of directors considers this to be appropriate and provided that proper conduct of the meeting is thereby assured and that other legal requirements for a partly or fully electronic general meeting are fulfilled. At electronic general meetings the shareholders may attend, speak and vote by electronic means. Details regarding registration and procedures for electronic attendance will be made available on the bank’s website and in the notice of the relevant general meeting.

    Extraordinary general meetings shall be held as decided by the general meeting, the shareholders’ committee, the board of directors, auditor, or at the request of shareholders who own one-twentieth (1/20) of the share capital.

    Art. 6

    Notice of the general meeting shall be given by the board of directors by announcement on the bank’s website. Notice in writing shall also be given to all shareholders listed in the share register who have so requested.

    The notice of meeting, which shall include the agenda for the general meeting, shall be given at the earliest five (5) weeks and at the latest three (3) weeks before the meeting.

    Proposals from shareholders for consideration at an annual general meeting shall be received by the chair of the shareholders’ committee at the latest six (6) weeks before the date of the general meeting.

    The agenda and all proposals for consideration by the general meeting shall be made available to the shareholders on the bank’s website at the latest three (3) weeks before the meeting. In the case of the annual general meeting, the annual report including auditor’s report and management’s report and any consolidated accounts shall also be made available to the shareholders on the bank’s website. The annual report shall be sent to each listed shareholder who has so requested.

    The press shall be entitled to attend the general meeting.

    Art. 6a

    The bank’s board of directors may decide that under Article 6 of the Articles of Association, annual reports may be sent electronically by e-mail to shareholders who are listed by name. The board of directors may further decide that admission cards may be ordered and proxies may be submitted via e-mail or on the bank’s website or that of the bank’s share register operator. The decision of the board of directors on the use of electronic communication under this Article 6a shall be announced on the bank’s website: www.landbobanken.dk. The bank shall request the e-mail addresses of those shareholders who are listed by name and to whom notices in electronic form can be sent. The shareholder shall be responsible for ensuring that the bank is in possession of the correct e-mail-address. Further information of a technical nature and on the procedure in connection with the electronic communication in question will be available to shareholders on the bank’s website if the board of directors should decide to implement this.

    Art. 7

    The agenda for the ordinary general meeting shall include:

    1.        Election of chairperson.

    2.        The board’s report on the bank’s activities in the previous year.

    3.        Presentation of the annual report for approval.

    4.        Decision on allocation of profit or covering of loss under the approved annual report.

    5.        Consultative vote on the remuneration report.

    6.        Approval of the remuneration of the board of directors for the current financial year.

    7.        Election of members to the shareholders’ committee.

    8.        Election of one or more auditors.

    9.         Authorisation for the board of directors to permit the bank to acquire its own shares.

    10.        Any proposals from the board of directors, the shareholders’ committee or shareholders.

    Art. 8

    The general meeting shall elect a chairperson by simple majority vote. The chairperson shall conduct the business of the meeting and rule on all questions of procedure, voting and the results of voting. Voting shall be in writing unless the meeting adopts a different procedure.

    Art. 9a

    Each shareholder eligible and intending to be present at a general meeting in accordance with Article 9b shall notify the bank accordingly no later than three (3) days before the meeting.

    Each share of nom. DKK 1 shall carry one (1) vote when the share is recorded in the bank’s share register, or when the shareholder has reported and documented his or her right. However, a shareholder may cast no more than 3,000 votes.

    Art. 9b

    A shareholder’s right to attend and vote at a general meeting shall be determined in accordance with the shares possessed by the shareholder on the date of registration. The registration date shall be one (1) week before the general meeting. The shares held by the individual shareholder on the registration date shall be counted on the basis of the listing of the shareholder’s capital in the share register and information on the ownership which the bank and/or the share register operator has received in connection with the recording in the share register, but which has not yet been entered in the share register.

    Art. 10

    All matters shall be decided at the general meeting by simple majority vote unless otherwise provided by law or these Articles of Association.

    A decision to amend the Articles of Association or to dissolve the bank shall only be valid if approved by at least two-thirds (2/3) of both votes cast and the share capital represented at the meeting.

    Art. 11

    The board of directors is authorised to decide to distribute extraordinary dividends in one or more rounds.

    The shareholders’ committee

    Art. 12

    The bank’s shareholders’ committee shall be elected at the general meeting by and from among the shareholders. The size of the shareholders’ committee shall be determined jointly by the committee and the board of directors, however with a minimum of thirty-seven (37) and a maximum of forty-two (42) members.

    The members of the shareholders’ committee shall be elected for two (2)-year terms. Re-election shall be permitted.

    The shareholders’ committee shall elect its chairperson and deputy chairperson each year.

    Shareholders who have reached the age of sixty-seven (67) may not be elected, and members of the shareholders’ committee shall retire from their positions at the first ordinary general meeting following their sixty-seventh birthday.

    Art. 13

    The shareholders’ committee shall normally meet at least twice a year and otherwise as often as the chairperson considers necessary or half of the members or the board of directors so request. Meetings of the shareholders’ committee shall be convened by the chairperson on at least eight (8) days’ notice.

    A quorum shall not exist unless over half of the members are present. Decisions shall then be taken by simple majority vote.

    Meetings of the shareholders’ committee shall be presided by the chairperson or, in the chairperson’s absence, by the deputy chairperson. Members of the bank’s board of directors who are not also members of the shareholders’ committee shall be entitled to participate in meetings of the committee but shall not be entitled to vote.

    Art. 14

    A report on the bank’s activities in the preceding period shall be presented at meetings of the shareholders’ committee, and the latest quarterly report sheet shall be reviewed.

    The shareholders’ committee shall work to ensure the bank’s prosperity and shall assist the board of directors and the general management to the best of its ability by procuring any information which the board of directors and the general management may require. The shareholders’ committee shall fix the board’s payment and shall decide on the establishment of branches as recommended by the board of directors.

    The shareholders’ committee shall not check the accuracy of the annual report.

    The board of directors

    Art. 15

    The board of directors shall consist of at least six (6) and at most ten (10) members who shall be elected by the shareholders’ committee.

    The board of directors shall also include the members who may be prescribed by law.

    Board members shall be elected for two (2)-year terms. Re-election shall be permitted.

    The board of directors shall elect its chairperson and up to two deputy chairpersons each year.

    A board member’s membership of the board shall cease if he or she resigns or retires from the shareholders’ committee.

    Board members elected by the shareholders’ committee shall retire from the board at the first ordinary general meeting following the date on which the member reaches the age of sixty-seven (67).

    The bank has established a voluntary arrangement regarding employee representation on the board of directors. The voluntary arrangement shall remain in force unless it ceases under the rules of the executive order on employee representation in force at any time. This provision on employee representation in this Article shall automatically lapse if the voluntary arrangement regarding employee representation lapses.

    Art. 16

    The board of directors shall specify procedures containing rules for the carrying out of its activities. A quorum shall not exist unless more than half the board members are present.

    Minutes of the board’s proceedings shall be kept and signed by all members present.

    The board of directors shall specify the extent to which management may make loans without the board’s prior participation.

    The board of directors may grant collective power to bind the company.

    General management

    Art. 17

    The general management, which is appointed by the board of directors, shall consist of one or more general managers, one of whom shall be chief executive officer.

    The general management shall participate – but without the right to vote – in meetings of the board of directors and the shareholders’ committee.

    Power to bind the company

    Art. 18

    The bank shall be bound by the signatures of

    1.        Two (2) members of the board of directors in conjunction.

    2.        One (1) member of the board of directors in conjunction with one (1) general manager.

    3.        Two (2) general managers in conjunction.

    Auditing

    Art. 19

    The audit shall be carried out by one or more auditors elected by the general meeting, however, at least such number as is required under the Danish Financial Business Act, and the auditors shall comply with the requirements specified in the Act. The election applies for one (1) year at a time.

    The auditors’ remuneration shall be set by the board of directors.

    The annual report

    Art. 20

    The bank’s financial year shall be the calendar year.

    After any loss from previous years has been covered, the net profit shall be allocated as follows:

    The remaining sum plus amounts carried forward shall be used as decided by the general meeting. The meeting may not, however, decide upon a higher dividend than that proposed or approved by the board of directors.

    Ringkøbing, 5 March 2025

    Disclaimer:
    “This document is a translation of an original document in Danish. The original Danish text shall be the governing text for all purposes and in case of any discrepancy the Danish wording shall be applicable.”

    Attachment

    The MIL Network –

  • MIL-OSI: ManageMy and Solvrays Enable Insurance Carriers to Automate Workflows and Deliver Better Customer Experiences

    Source: GlobeNewswire (MIL-OSI)

    CHARLOTTE, N.C., May 05, 2025 (GLOBE NEWSWIRE) — ManageMy, the platform purpose-built to simplify insurance through superior digital experiences, and Solvrays, an innovator in AI-driven automation for insurance operations, are uniting to help insurance carriers drive efficiency and enhance customer engagement. Together, the companies will combine their strengths—agentic AI, automated workflows, and no-code configuration—enabling Life and P&C carriers to deliver modern, end-to-end insurance journeys.

    Solvrays brings intelligent back-end automation powered by agentic AI into the ManageMy platform. ManageMy’s no-code capabilities allow carriers to configure, design, and launch any insurance workflow and front-end experience to fit their business needs. The combined solution eliminates inefficiencies caused by legacy systems, manual processes, and disjointed user experiences.

    “This partnership is about more than just automation. It’s about reimagining what’s possible in insurance,” said Bobbie Shrivastav, CEO of Solvrays. “Together, Solvrays and ManageMy are dismantling legacy barriers and rebuilding the backbone of insurance operations with intelligence, speed, and human-centered design. We’re equipping carriers to leap ahead, not just adapt to the pace of change.”

    Insurance carriers across both solutions will benefit from:

    • Configurable Workflows: Solvrays extracts and validates data from PDFs, handwritten forms, emails, and other unstructured sources. ManageMy lets business users configure rules-based workflows and digital experiences without coding or custom development.
    • Intelligent Automation: Solvrays leverages agentic AI to automate decisions, apply business logic, and route data between systems. ManageMy reflects those actions in real time to ensure smooth transitions between internal teams and external touchpoints.
    • Superior Digital Experiences: Solvrays powers complex back-end processes, while ManageMy renders the outcomes through sleek, white-labeled web and mobile portals—giving customers and agents immediate access to the latest information.

    “This partnership combines the best of intelligent operations with intuitive experience design,” said Stuart Johnston, CRO of ManageMy. “Carriers can automate complex workflows and deliver personalized digital experiences without replacing their core systems.”

    Carriers can expect seamless integration with existing core and legacy systems, reduced manual effort, intelligent data flows, and scalable operations without adding technical debt. These capabilities help accelerate service turnaround times and elevate customer satisfaction.

    About ManageMy
    ManageMy is the digital platform insurance carriers rely on to increase sales, reduce costs, and improve customer satisfaction. Built around a powerful no-code API, ManageMy integrates easily with existing core systems, giving carriers the flexibility to configure insurance workflows and digital experiences to their specific needs—improving conversion, accelerating risk assessment, and driving retention.

    ManageMy is purpose-built for carriers to meet rising expectations for seamless, digital-first XPeriences, without overhauling their core.

    For more information, visit: https://managemy.com

    About Solvrays

    Solvrays is an AI-powered enterprise workflow platform built to transform insurance service operations from the inside out. At the heart of our platform are 12 Genes—a modular suite of agentic AI capabilities that automate up to 70% of manual back-office work. Purpose-built for life, annuity, and P&C carriers, Solvrays replaces slow, fragmented processes with intelligent, connected workflows. In an industry spending over $300 billion annually on operations, Solvrays empowers carriers to cut costs, accelerate decisions, and deliver modern, seamless experiences—without ripping out core systems.

    For more information, visit: https://solvrays.com

    The MIL Network –

  • MIL-OSI: As Federal Collections Activity Resumes, More Than One in Five Federal Student Loan Borrowers With a Payment Due are Seriously Delinquent

    Source: GlobeNewswire (MIL-OSI)

    CHICAGO, May 05, 2025 (GLOBE NEWSWIRE) — As the U.S. Department of Education begins resuming collections activities among defaulted borrowers, new research reveals that the number of consumers at risk for default has soared past pre-pandemic levels. These findings come from a new analysis conducted by TransUnion (NYSE: TRU) and featured at the company’s 2025 Financial Services Summit, attended by 300+ leading industry executives.

    The Department of Education (DOE) initially suspended federal student loan payments in March 2020. The agency called for payments to resume in September 2023, with servicers directed not to report them to credit bureaus until October 2024, with the requirement that borrowers only be reported to credit bureaus as delinquent when they reach 90 days or more past due on federal student loan accounts. Last month, the DOE announced it would resume collection activities effective today.

    The analysis found that 20.5% of federal student loan borrowers with a payment due are 90 days or more past due (90+ DPD) as reported by their servicer through February 2025. This compares to 11.5% in February 2020, near the beginning of the pandemic and the subsequent student loan pause. The current rate of delinquency represents the highest figure ever recorded.

    More Consumers are 90+ Days Past Due (90+ DPD) Than Just Prior to the Pandemic

      February 2020 February 2025
    Total 11.5% 20.5%

    Source: TransUnion U.S. Consumer Credit Database

    “Student loans and their payment reporting are complex. More than one in five federal student loan borrowers with a payment due have been reported as seriously delinquent, but this figure may in fact be much higher,” said Michele Raneri, vice president and head of research at TransUnion. “The complexity arises in part from the various reasons borrowers might not be making payments without being considered delinquent, such as being a current student or in deferment or forbearance. We are continuing to analyze data to determine how many non-payers are at risk of being reported as seriously delinquent or default.”

    Across risk tiers, subprime saw the highest percentage of payment-due student loan borrowers seriously delinquent in February 2025, with 51% at 90+ DPD, up from 39% in February 2020. Near prime followed at 23% in February 2025 (up from 9% in February 2020).

    More Than Half of Subprime Federal Student Loan Borrowers With a Payment Due Were 90+ DPD

      February 2020 February 2025
    Super prime 0.1% 0.9%
    Prime plus 0.1% 2.1%
    Prime 1.3% 7.5%
    Near prime 9.1% 23.3%
    Subprime 38.8% 50.8%

    Source: TransUnion U.S. Consumer Credit Database

    The analysis also found that those consumers who had faced default since the end of the on-ramp saw their credit scores decline by an average of 63 points. And while a lower percentage of super prime borrowers were seriously delinquent, those who did ultimately default saw the impact on their credit scores to be significantly greater than that of traditionally more risky credit tiers. This is largely due to the fact that borrowers in higher credit risk tiers typically have fewer derogatory marks, so an account in default has the potential to have a significant and jarring impact.

    Among those borrowers who experienced a default in the months of January and February 2025, 23% were in prime and above risk tiers in December 2024.

    Consumers in the Super Prime Credit Tier Were the Most Impacted by Student Loan Default

    Risk Tier Prior to Default Average Credit Score* Change
    Super prime -175 pts
    Prime plus -121 pts
    Prime -99 pts
    Near prime -64 pts
    Subprime -42 pts

    *VantageScore® 4.0

    “Consumers may find themselves shocked by the dramatic and immediate impact that a default can have on their credit scores. Likewise, lenders need to recognize the significant potential impact on otherwise low-risk borrowers,” said Joshua Trumbull, senior vice president and head of consumer lending at TransUnion. “That need to identify potentially impacted consumers and the associated risk is creating a surge in lenders incorporating student loan-specific insights into portfolio reviews and doing those reviews more often.”

    To gain additional insights into how student loans are impacting the wallets of their potential customers, lenders can leverage TruVision Premium Student Loan Attributes to see details about student loan types, balances, and payment histories to help identify impacted consumers. Consumers seeking more information about how student loans affect credit can read our consumer blog on the topic.

    About TransUnion (NYSE: TRU)
    TransUnion is a global information and insights company with over 13,000 associates operating in more than 30 countries. We make trust possible by ensuring each person is reliably represented in the marketplace. We do this with a Tru™ picture of each person: an actionable view of consumers, stewarded with care. Through our acquisitions and technology investments we have developed innovative solutions that extend beyond our strong foundation in core credit into areas such as marketing, fraud, risk and advanced analytics. As a result, consumers and businesses can transact with confidence and achieve great things. We call this Information for Good® — and it leads to economic opportunity, great experiences and personal empowerment for millions of people around the world. http://www.transunion.com/business

    Contact Dave Blumberg
      TransUnion
       
    E-mail  david.blumberg@transunion.com
       
    Telephone 312-972-6646

    The MIL Network –

  • MIL-OSI Economics: Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData

    Source: GlobalData

    Three CAR-T therapies to capture over 70% of T-Cell immunotherapy market in 2025, forecasts GlobalData

    Posted in Pharma

    T-cell immunotherapies (TCI) are redefining cancer care, with chimeric antigen receptor T-cell (CAR-T) therapies witnessing significant momentum. In 2025, just three drugs- Carvykti by Legend Biotech, Yescarta by Gilead Sciences, and Breyanzi by Bristol-Myers Squibb (BMS)– are expected to capture over 70% of the global T-cell immunotherapy market, according to GlobalData, a leading data and analytics company.

    GlobalData’s latest report  “T-Cell Immunotherapy Landscape: Comprehensive Analysis of Current Drugs and Dynamics,”  reveals that the TCI space is entering a new growth phase, driven by clinical success and investor confidence. Sales are forecast to double between 2024 and 2027, as CAR-T therapies continue expanding beyond blood cancers into solid tumors.

    Eleni Tokali, Pharma Analyst at GlobalData, comments: “Cavykti, Yescarta, and Breyanzi are not only setting the standard for CAR-T therapies- but they are also poised to capture a massive share of the TCI market in 2025 alone, which highlights their impact and commercial momentum.”

    Currently, CAR-T therapies account for 73% of all T-cell therapies in the pipeline- five times more than TCR-based therapies. Of the 16 approved TCI drugs to date, 13 are CAR-Ts, primarily targeting hematological malignancies. Despite this, TCR-based therapies and other T-cell approaches are gaining traction, and their expanded potential in solid tumors is becoming a major focus in research.

    Tokali adds: “CAR-T therapies are at the forefront of T-cell immunotherapy, but the entire space, including TCR-based therapies, is advancing rapidly.”

    GlobalData projects 44 new TCI drug approvals by 2029, with 18 expected in 2027 alone.

    Tokali concludes: “The TCI market has seen an incredible surge in deal activity, with a 1,600% increase in deal volume from 2010 to 2024. In 2023 alone, 226 deals were recorded, with equity offerings making up 44% of all financing activity, signalling growing investor confidence in the field.”

    MIL OSI Economics –

  • MIL-OSI Economics: South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData

    Source: GlobalData

    South Africa card payments to exceed $158 billion in 2025 amid digital surge and inclusion push, forecasts GlobalData

    Posted in Banking

    The South African card payments market is on a solid growth trajectory, projected to reach ZAR2.9 trillion ($158.8 billion) in 2025. This momentum is driven by a growing shift toward digital payments, bolstered by enhanced financial inclusion, expanding payment infrastructure, and rising consumer preference for speed, safety, and convenience in everyday transactions, says GlobalData, a leading data and analytics company.

    GlobalData’s Payment Cards Analytics reveals that card payment value in South Africa registered a growth of 10.3% in 2024 to reach ZAR2.7 trillion ($149.4 billion). This growth is primarily fuelled by the rise in the consumer spending and wider acceptance of card payments among merchants.

    Yasaswini Pujitha, Banking and Payments Analyst at GlobalData, comments: “The South African payment landscape is evolving rapidly, supported by growing banking population, rising contactless payment adoption and developing payment infrastructure. The average frequency of payments per card stands at 118.1 times in 2024, which is higher compared to its peers such as Nigeria (51), Egypt (24.2), Morocco (10.9), and Kenya (5.3).”

    Debit card payments held a significant share of the total card payments market in South Africa, accounting for 74% in total payment value in 2024. This is primarily driven by the expanding banking population and increasing use of debit cards for low-value, day-to-day payments. Meanwhile, digital banks and fintech companies such as Discovery Bank, TymeBank, and Bank Zero are offering innovative banking services, further increasing competition in the debit card space.

    Credit and charge cards, on the other hand, held the remaining 26% share of card payments by value in 2024. The adoption and usage of these cards is driven by the associated value-added benefits offered by banks, such as cashback, reward points, discounts, and installment payment facilities. This growth is also supported by the rising middle class and a young, working population.

    The rise of contactless payments is contributing to the overall card payments growth with banks and scheme providers increasingly promoting this technology. Both consumers and merchants are embracing the contactless technology in the country.

    According to GlobalData’s 2024 Financial Services Consumer Survey*, 68.4% of the respondents in South Africa indicated having access to a contactless card and used it for payments.

    Growing adoption of contactless card payments for transport services is also contributing to the expansion of card payment market. South African National Roads Agency Limited (SANRAL) is implementing the nationwide rollout of contactless payment systems at toll plazas.

    Effective from 1 December 2024, magstripe card payments were phased out at certain toll gates, with a complete transition to contactless payments expected by 31 May 2025. This initiative is backed up by the financial institutions, along with payment scheme providers such as Visa and Mastercard.

    Pujitha concludes: “South Africa’s payment card landscape is set for steady growth over the next five years, marked by increased adoption of payment cards amid a boarder digital transformation. The proliferation of digital banks, an increasing preference for contactless technology, and improving payment infrastructure are the key drivers for this growth. The market is expected to grow at a compound annual growth rate (CAGR) of 6.7% between 2025 and 2029 to reach ZAR3.8 trillion ($206.2 billion) in 2029.”

    *GlobalData’s 2024 Financial Services Consumer Survey was carried out in Q2 2024. Approximately 67,292 respondents aged 18+ were surveyed across 41 countries.

    MIL OSI Economics –

  • MIL-OSI Africa: US Monastir, Petro de Luanda and Kriol Star Advance to the 2025 Basketball Africa League (BAL) Playoffs in South Africa

    Source: Africa Press Organisation – English (2) – Report:

    DAKAR, Senegal, May 5, 2025/APO Group/ —

    Anderson Correia got 16 points and five rebounds, Ivan Almeida added 14 points, 13 rebounds and eight assists and Basketball Africa League (BAL) (www.BAL.NBA.com) debutant Kriol Star (Cape Verde) defeated the defending champion Petro de Luanda (Angola) 71-69 in overtime, booking their spot to the 2025 BAL Playoffs which will take place at SunBet Arena in Pretoria, South Africa from 6-14 June. NBA Academy Africa prospect Lewis Uvwo played 40 minutes and finished with 14 points, 12 rebounds and two blocks. The Star outrebounded Petro 52-43, but also finished with 28 turnovers.

    Glofate Buiamba led Petro with 16 points, with Aboubacar Gakou adding 15 points and seven rebounds. With 3 wins and 3 losses, both teams qualified to the BAL Playoffs in Pretoria – Petro finished second and the Star finished third in the Sahara Conference.

    In the second game this evening, Osiris Eldridge (22 points and four assists) and former NBA Academy Africa prospect Babacar Sane (13 points and 12 rebounds) led the 2022 BAL champion US Monastir (Tunisia) to a 77-68 win over ASC Ville de Dakar (Senegal). The win gave Monastir (4-2) the top place in the Sahara Conference and an automatic qualification to the playoffs. Monastir shot 43 percent from the floor and outrebounded Dakar 45-39. Will Perry led Dakar with 20 points and seven assists and Makhtar Gueye added 18 points as the host team concluded their 2025 BAL campaign.

    More than 47,000 fans attended the Sahara Conference games at Dakar Arena in Senegal.

    The 2025 BAL season will continue with the Nile Conference group phase which will be held from 17-25 May at BK Arena in Kigali, Rwanda. The Nile Conference will feature four teams: Made By Basketball (MBB, South Africa), Al Ahli Tripoli (Libya), Nairobi City Thunder (Kenya) and Armée Patriotique Rwandaise Basketball (APR, Rwanda). The top two teams from the Nile Conference and a team with a better record between FUS Rabat (Morocco, Kalahari Conference) and the team which will finish third in the Nile Conference will join Al Ittihad (Egypt), Rivers Hoopers (Nigeria), US Monastir, Petro de Luanda and Kriol Star in the 2025 BAL Playoffs in South Africa.

    Postgame media availability:

    Standings:

    MIL OSI Africa –

  • MIL-OSI United Kingdom: New Council homes handed over in Rattray

    Source: Scotland – City of Perth

    The Rattray project is part of Perth & Kinross Council’s ongoing multi-million-pound new build housing programme, which has seen over 500 new Council homes built for tenants since 2012.

    The properties include a mix of three-bedroom semi-detached homes, terraced two and three-bed homes and semi-detached bungalows providing high-quality accommodation for the new tenants.

    Built to the highest standard by the Council’s construction partner The Springfield Group, the homes have include energy efficiency measures such as solar panels, efficient heating systems and quality insulation to make sure tenants’ bills are kept as low as possible and the development’s carbon footprint is minimised.

    The 20 houses cost almost £3.6m to build. The Council invested £2.54m, with the Scottish Government contributing the rest.

    Housing and Social Wellbeing Convener, Councillor Tom McEwan, visited the development today and said: “This is the third handover of brand-new Council homes we have seen so far in 2025, and it’s fantastic to see these properties in Rattray completed. The properties will provide much-needed affordable accommodation for a wide range of different tenants in an area of high-demand for housing.

    “We have bought these homes ‘off-the-shelf’ from the developer. Working with housing developers and buying new properties is just one of the many ways we provide new homes for affordable social rent for our tenants.

    “Our own ambitious house building programme has delivered additional new homes for affordable social rent in towns and settlements right across the region, including Methven, Scone, Abernethy, Alyth, Inchture, Stanley, Blairgowrie, Meigle, Auchterarder, Balbeggie, Rattray and in many sites in Perth. This programme continues, and we are always looking for sites where more affordable Council housing can be built.”

    MIL OSI United Kingdom –

  • MIL-OSI: Descartes Sets Date to Announce First Quarter Fiscal 2026 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WATERLOO, Ontario and ATLANTA, May 05, 2025 (GLOBE NEWSWIRE) — Descartes Systems Group (TSX: DSG) (Nasdaq: DSGX), the global leader in uniting logistics-intensive businesses in commerce, is scheduled to report its first quarter fiscal 2026 financial results after market close on Wednesday, June 4, 2025.

    Members of Descartes’ executive management team will host a conference call to discuss the company’s financial results at 5:30 p.m. ET on Wednesday, June 4. Designated numbers are +1 289 514 5100 for North America and +1 800 717 1738 for international, using conference ID 26605.

    The company will simultaneously conduct an audio webcast on the Descartes website at www.descartes.com/descartes/investor-relations. Phone conference dial-in or webcast log-in is required approximately 10 minutes beforehand.

    Replays of the conference call will be available until June 11, 2025, by dialing +1 289 819 1325 or Toll-Free for North America using +1 888 660 6264 with Playback Passcode: 26605#. An archived replay of the webcast will be available at www.descartes.com/descartes/investor-relations.

    About Descartes Systems Group

    Descartes is the global leader in providing on-demand, software-as-a-service solutions focused on improving the productivity, security, and sustainability of logistics-intensive businesses. Customers use our modular, software-as-a-service solutions to route, track and help improve the safety, performance and compliance of delivery resources; plan, allocate and execute shipments; rate, audit and pay transportation invoices; access global trade data; file customs and security documents for imports and exports; and complete numerous other logistics processes by participating in the world’s largest, collaborative multimodal logistics community. Our headquarters are in Waterloo, Ontario, Canada and we have offices and partners around the world. Learn more at www.descartes.com, and connect with us on LinkedIn and X (Twitter).

    Descartes Investor Contact
    Laurie McCauley
    (519) 746-2969
    investor@descartes.com

    The MIL Network –

  • MIL-OSI Russia: Projects of the Future: The Final of the PROproject Competition Was Held at the State University of Management

    Translation. Region: Russian Federal

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

    The final of the All-Russian competition of school projects “PROproject” was held at the State University of Management.

    In total, over 200 projects were submitted for participation, and 72 students from 37 general and vocational educational organizations, as well as institutions of additional education from 22 cities of the Russian Federation reached the final of the competition: Moscow, Obninsk, Ramenskoye, St. Petersburg, Orel, Lugansk, the village of Shira (Republic of Khakassia), Samara, Nizhny Novgorod, Ufa, Vsevolozhsk, Serpukhov, Perm, Borisoglebsk, Krasnoperekopsk, Novosibirsk, Yekaterinburg, Magnitogorsk, the urban-type settlement of Mostovskoy (Krasnodar Territory), Sergiev Posad, Nalchik, Rostov-on-Don.

    This year, the competition was held in areas that correspond to the national development goals of the Russian Federation, in accordance with the Decree of the President of the Russian Federation dated May 7, 2024 No. 309: long and active life; family; youth and children; personnel; infrastructure for life; efficient transport system; environmental well-being; efficient and competitive economy; international cooperation and export; data economy and digital transformation of the state.

    Due to the large number of participants from different cities, the final was held over several days from April 26 to 28, 2025 in person at the Boiling Point of the State University of Management and the Kuzminki School, as well as on April 29, 30 and May 3, 2025 in an online format.

    The experts and jury members noted the high level of development of the projects: detailed business models, a prototype of the proposed technological solution and the results of laboratory experiments were presented. The high level of presentations and speeches was also pleasing.

    In particular, the following projects were presented in the final:

    Patriotic education of preschoolers through participation in the events of the All-Russian public movement “VOLUNTEERS OF VICTORY”; Potential of Sosnowsky’s hogweed as a source of furanocoumarins; Interactive educational quest “Ecotoxicants”; Solar tracker; Organic glue for painting restoration; Use of hydroponic systems in everyday life; Rubber paint; Moscow cultural lottery; 3D models of photographs; National kaleidoscope; Anti-icing reagents and the environment; Design project “TAKE OFF” for the Center for Children’s Initiatives; Healthy nutrition at school; Ways to improve memory; and others.

    Let us recall that the PROproject competition has been held annually since 2018 by the Project Management Department at the State University of Management with the participation of partner organizations: MIR Moscow State Television and Radio Broadcasting Company, the SOVNET Project Management Association, and the Young Crew SOVNET Youth Project Management Association.

    Subscribe to the TG channel “Our GUU” Date of publication: 05.05.2025

    PROproject”.

    In total, over 200 projects were submitted for participation,…

    ” data-yashareImage=”https://guu.ru/wp-content/uploads/1746392349944-scaled.jpg” data-yashareLink=”https://guu.ru/%d0%bf%d1%80%d0%be%d0%b5%d0%ba%d1%82%d1%8b-%d0%b1%d1%83%d0%b4%d1%83%d1%89%d0%b5%d0%b3%d0%be-%d0%b2-%d0%b3%d1%83%d1%83-%d0%bf%d1%80%d0%be%d1%88%d0%b5%d0%bb-%d1%84%d0%b8%d0%bd%d0%b0%d0%bb-%d0%ba%d0%be/”>

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

    MIL OSI Russia News –

  • MIL-OSI USA: Stay Air Aware: Maine DEP Observes Air Quality Awareness Week

    Source: US State of Maine

    May 3, 2025

    CONTACT:

    While Maine has some of the best air quality in the nation, there are still pollutants like ground-level ozone and small particles that can harm the heart and lungs. This is especially important to remember during National Air Quality Awareness Week, occurring from May 5 to May 9, 2025. Ozone is produced when sunlight and warmer temperatures create chemical reactions with pollutants emitted by various sources. Particle Pollution is produced from both natural and man-made processes and include things such as dust, soil, soot, smoke and sea salt. Maine’s peak ozone levels occur during the warmer summer months, while particle pollution levels are higher mostly during the summer and winter months. Additionally, May 6 marks World Asthma Day, a reminder of the ongoing battle that many face against respiratory conditions.

    In recent years, Maine has seen an increase in smoke from wildfires in the western United States and Canada. When wildfires create smoky conditions, there are things you can do, indoors and out, to reduce your exposure to smoke. Reducing exposure is important for everyone’s health – especially children, older adults, and people with heart or lung disease.

    • Have enough medication and food (enough for more than 5 days) on hand.

    • Follow your health care providers advice about what to do if you have heart or lung disease.

    • If you have asthma, follow your asthma management plan.

    • If you feel sick, reduce your exposure to smoke and contact your health care provider.

    • Pay attention to public service announcements, health advisories, and air quality advisories.

    Maine DEP forecasts Ozone and Particle Pollution year-round which is available on DEP’s website, via toll free hotline, EnviroFlash emails and text messages. Forecasts are issued using a color-based Air Quality Index created by EPA. Green – good; Yellow – moderate; Orange – unhealthy pollution levels for sensitive people and Red – unhealthy pollution levels for all.

    While sensitive people may feel the impacts sooner or at lower levels when the air is in the unhealthy for sensitive groups (USG) or higher category, everyone should think about ways to reduce their exposure. Please take some time to think about how you contribute to air pollution and what you can do to make a positive difference. Here are a few ways to help reduce air pollution in your community especially, on days when the air quality is expected to be unhealthy:

    • Conserve electricity

    • Choose a cleaner commute by carpooling or using public transportation where available

    • Combine errands, reduce trips

    • Defer the use of gas-powered lawn and garden equipment until early evening hours

    • Limit idling

    • Refuel vehicles after dusk

    • Use environmentally friendly paints and cleaning products

    For more information about Air Quality visit Maine DEP’s website.

    For additional information, contact: David R. Madore, Deputy Commissioner david.madore@maine.gov

    MIL OSI USA News –

  • MIL-OSI Europe: Eucharistic Celebration on the ninth day of the Novendiali

    Source: The Holy See

    At 17.00 this afternoon, in the Vatican Basilica, the Eucharistic Celebration in memory of the Roman Pontiff Francis took place, on the ninth day of the Novendiali.
    The Papal Chapel was specially invited to the Celebration.
    The Concelebration was presided over by His Eminence Cardinal Dominique Mamberti, Protodeacon of the College of Cardinals.
    The following is the homily delivered by His Eminence Cardinal Dominique Mamberti during the course of the Holy Mass:

    Homily of His Eminence Cardinal Dominique Mamberti
    Venerable Cardinal Fathers,
    Dear brothers in the Episcopate and in the Priesthood,
    Dear brothers and sisters,
    The Liturgy of the Word of this last of the Novendiali in memory of Pope Francis is that of the day, the third Sunday of Easter, and the page of the Gospel of John just proclaimed presents to us the encounter of the risen Christ with some of the Apostles and disciples by the Sea of Tiberias, which ends with the Mission entrusted to Peter by the Lord and Jesus’ command, “Follow me!”.
    The episode is reminiscent that of the first miraculous catch of fish, narrated by Luke, when Jesus had called Simon, James and John, announcing that the Lord would have become a fisher of men. From that moment, Peter followed him, at times in incomprehension and even betrayal, but in today’s encounter, the last before Christ’s return to the Father, Peter receives from him the task of shepherding his flock.
    Love is the key word of this page of the Gospel. The first to recognize Jesus is the “disciple whom Jesus loved”, John, who exclaims, “It is the Lord!”, and Peter immediately throws himself into the sea to reach the Master. After they have shared the food, which will have kindled in the Apostles’ hearts the memory of the Last Supper, the dialogue between Jesus and Peter begins, the Lord’s threefold question and Peter’s threefold answer.
    The first two times, Jesus adopts the verb to love, a strong word, whereas Peter, mindful of the betrayal, responds [in some translations] with the less demanding expression “to care,” and the third time Jesus stresses the expression to care, adjusting to the Apostle’s weakness. Pope Benedict XVI noted in commenting on this dialogue: “Simon understands that Jesus is satisfied with his poor love, the only one of which he is capable. … It is precisely this divine adjustment that gives hope to the disciple, who has recognized the suffering of infidelity. … From that day on, Peter ‘followed’ the Master with a precise awareness of his own fragility; but this awareness did not discourage him. For he knew that he could count on the presence of the Risen One beside him … and so he shows us the way as well”.1
    In his homily at the Mass for the twenty-fifth anniversary of his pontificate, Saint John Paul II confirmed: “Today, dear brothers and sisters, I am pleased to share with you an experience that has now lasted for a quarter of a century. Every day that same dialogue between Jesus and Peter takes place in my heart. In spirit, I focus on the benevolent gaze of the risen Christ. Although he knows of my human frailty, he encourages me to answer confidently, like Peter: “Lord, you know everything; you know that I love you” (Jn 21: 17). And then he invites me to take on the responsibilities that he himself has entrusted to me.”.2
    This mission is love itself, which becomes service to the Church and to all humanity. Peter and the Apostles assumed it immediately, by the power of the Spirit they had received at Pentecost, as we heard in the first reading: “We must obey God rather than men. The God of our Fathers raised up Jesus whom you killed by hanging him on a cross. God raised him to his right hand, as head and Saviour”.
    We have all admired how much Pope Francis, animated by the Lord’s love and carried by his grace, was faithful to his mission to the utmost consumption of his strength. He reminded the powerful that we must obey God rather than men and proclaimed to all humanity the joy of the Gospel, the merciful Father, Christ the Saviour. He did this in his magisterium, in his travels, in his gestures, in his lifestyle. I was close to him on Easter Day, at the Loggia of Blessings in this Basilica, witnessing his suffering but above all his courage and determination to serve the people of God to the end.
    In the second reading, taken from the Book of Revelation, we heard the praise that the whole universe gives to the One who sits on the throne and to the Lamb: “Praise, honour, glory and power, throughout the ages. And the four living creatures said, ‘Amen.’ And the elders prostrated themselves in worship”.
    Adoration is an essential dimension of the Church’s mission and the lives of the faithful. Pope Francis often recalled this, as for example in his homily for the Feast of the Epiphany last year: “The Magi have hearts bowed in adoration. … They came to Bethlehem, and when they saw the child, ‘they knelt down and paid him homage (Mt 2:11). … A King who came to serve us, a God who became man. Before this mystery, we are called to bow our heart and bend our knee in worship: to worship the God who comes in littleness, who dwells in our homes, who dies for love. … Brothers and sisters, we have lost the habit of adoration, we have lost the ability that gives us adoration. Let us rediscover our taste for the prayer of adoration. … Nowadays there is a lack of adoration among us”.3
    This capacity that gives adoration was not difficult to recognize in Pope Francis. His intense pastoral life, his countless meetings, were grounded in the long moments of prayer that the Ignatian discipline had imprinted in him. Many times he reminded us that contemplation is “a dynamism of love” that “raises us up to God, not to separate us from the world but to ground us more deeply in it” (Audience with Superiors and Delegates of the Discalced Carmelites, 18 April 2024). And everything he did, he did under the gaze of Mary. There will remain in our memory and in our hearts his 126 stops before the “Salus Populi Romani.” And now that he rests at the beloved image, we entrust him with gratitude and confidence to the intercession of the mother of the Lord and our mother.
    _____________________
    [1] General Audience, 24 May 2006).
    [2]  Homily, 16 October 2003
    [3]  Homily, 6 January 2024
    [4] Audience with Superiors and Delegates of the Discalced Carmelites, 18 April 2024

    MIL OSI Europe News –

  • MIL-OSI: Atos Announces SecureHorizons NIS2 Compliance Manager Application Powered by the ServiceNow Platform to Streamline Cybersecurity Efforts

    Source: GlobeNewswire (MIL-OSI)

    Press Release

    Atos Announces SecureHorizons NIS2 Compliance Manager Application Powered by the ServiceNow Platform to Streamline Cybersecurity Efforts

    First-to-market Application Helps Customers Achieve NIS2 Compliance Through Streamlined, Automated Workflows

    Paris, May 5th, 2025 – Atos, a global leader in digital transformation, today announced the launch of its SecureHorizons NIS2 Compliance Manager Application, powered by ServiceNow, to replace time-consuming and error-prone manual processes with automated workflows, enabling organizations to meet the stringent compliance requirements of the NIS2 Directive.

    The NIS2 Directive, the latest iteration of the Network and Information Security Directive, is a European policy aimed at strengthening cybersecurity across the European Union (EU). It is designed to help organizations protect themselves against cyber threats and ensure that the EU’s cyber infrastructure is more secure and robust. The NIS2 directive has become mandatory for every company, wherever they are operating or trading in the EU or globally.

    The directive requires organizations to implement risk management measures, conduct regular employee training, and adhere to stringent standards to ensure continuous compliance. Non-compliance with NIS2 can result in various penalties, ranging from compliance orders and security audit mandates to administrative fines of at least 10 million Euros or 2% of global revenue.

    SecureHorizons NIS2 Compliance Manager App on ServiceNow provides customers with a single technology platform that replaces time-consuming and error-prone manual processes with efficient, standardized and automated workflows. It offers greater assurance, reduces risk across the enterprise, and delivers compliance reporting and guidance through a single dashboard.

    Atos’ SecureHorizons application powered by ServiceNow offers:

    • End-to-end compliance workflows integrating people, processes, and technology.
    • Accelerated implementation through standardized and automated building blocks.
    • A unified dashboard for monitoring compliance across the organization.
    • Cost efficiencies by leveraging existing frameworks.
    • Simplified management for multinational organizations navigating varying regulations.

    This co-innovation between Atos and ServiceNow enhances assurances, reduces enterprise risk, and delivers actionable compliance insights through a scalable, user-friendly solution.

    “The SecureHorizons application, built on the ServiceNow platform, is the ideal solution for organizations preparing for NIS2 compliance” said Chetan Manjarekar, Head of Digital Smart Platforms, Atos. “SecureHorizons combines Atos’ deep expertise in cybersecurity legislation and regulatory trends with the power of the Now Platform to deliver streamlined workflows and actionable insights. This solution enables organizations to proactively address compliance gaps, respond to audit requirements, and accelerate their digital transformation.”.

    “Partnerships succeed best when we lean into our unique skills and expertise and have a clear view into the problem we’re trying to solve” said Erica Volini, executive vice president, worldwide industries, partners, and go-to-market at ServiceNow. “Atos’ SecureHorizons NIS2 Compliance Manager Application extends our reach well beyond where we can go alone and represents the legacy and goals of the Now Platform. I am thrilled to see the continued innovation we will achieve together to help organizations succeed in the era of digital business.”

    SecureHorizons is now available on the ServiceNow Store, providing organizations with a powerful, scalable tool to achieve NIS2 compliance.

    ***

    About Atos

    Atos is a global leader in digital transformation with c. 74,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.

    The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.

    Press contact:
    Laurent Massicot – laurent.massicot@atos.net

    Attachment

    The MIL Network –

  • MIL-OSI: Best No Credit Check Loans Guaranteed Approvals Direct Lenders | Best Payday Loans for Bad Credit – IOnline Payday Loans

    Source: GlobeNewswire (MIL-OSI)

    SHERIDAN, Wyo., May 05, 2025 (GLOBE NEWSWIRE) — No credit check loans provide consumers with quick financial assistance when they need cash without collateral, even if they have a poor credit score. This article covers everything you need to know about no credit check loans, including how they work, the benefits of these loans, and why Online Payday Loans is the best source for them. Additionally, it outlines the application steps and repayment options available.

    >> Click Here to Apply for No Credit Check Loans >>

    ✅Key Takeaways:

    • No credit check loans are a type of loan that does not require a credit check before approval.
    • IOnline Payday Loans is a reputable brand that offers guaranteed approval for no credit check loans.
    • Applying for a 1 hour payday loans for bad credit at IOnline Payday Loans is simple and straightforward, with no strict requirements or credit score needed.

    >> Click Here to Apply for No Credit Check Loans >>

    What are No Credit Check Payday Loans?

    No credit check payday loans are a type of financing specifically designed for individuals who may struggle to obtain financial assistance, particularly those with bad credit. These $255 payday loans online same day provide cash to borrowers without requiring collateral and eliminate the lengthy application process typically associated with personal loans.

    Instead of relying solely on credit scores, no credit check loans guaranteed approval take into account alternative factors, making them an attractive option for many people in need of emergency funds. In today’s economy, Best installment loans for bad credit have become increasingly popular as they enable borrowers to access larger loan amounts with predictable payments, allowing them to budget more effectively. Reputable lenders offer best installment loans for bad credit that contribute to credit improvement.

    >> Click Here to Apply for No Credit Check Loans >>

    How Do No Credit Check Loans Work with Direct Lenders?

    No credit check loans guaranteed approval direct lenders typically feature a straightforward application process that provides quick approvals, guaranteed approval, and guaranteed acceptance for eligible borrowers. Direct lenders assess eligibility based on income verification and overall financial health rather than solely focusing on credit history.

    This approach allows individuals instant loans with bad credit to access funds. The streamlined process benefits borrowers by reducing the time it takes to receive money during emergencies. By bypassing traditional credit checks, bad credit loans offer a simpler way for those in need of immediate funds to obtain them quickly.

    The application process usually involves a few easy steps:

    • The borrower fills out an online form that includes personal information, income details, employment history, and other relevant information. Proof of income and valid identification are essential.
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    • Once the application is submitted, a direct lender reviews it, assessing eligibility based on factors such as income stability and repayment ability.

    Interest rates are often determined based on the borrower’s financial profile, ensuring that even individuals with bad credit receive a fair evaluation. Fast funding through direct deposit is available.

    Factors considered in the approval process for a best no credit check personal loans include income levels, employment status, and existing debt. Quick funding is often available after approval, making this option ideal for those in need of immediate financial assistance.

    What Are the Benefits of No Credit Check Loans Guaranteed Approval Direct Lenders?

    No credit check loans guaranteed approval direct lenders can be beneficial as they provide financial assistance during urgent situations, allowing individuals to access cash without the need for collateral or lengthy approval processes. These consumer loans offer easy repayment options and loan terms that facilitate personal financing.

    These loans often come with flexible repayment options and can aid some borrowers in rebuilding their credit over time, although they typically carry higher interest rates.

    Why Choose IOnline Payday Loans for No Credit Check Loans?

    IOnline Payday Loans is an excellent choice for no credit check loans guaranteed approval direct lender, as it significantly enhances your chances of securing a loan when you need it most. This is especially true for those seeking short-term loans with higher interest rates.

    This reputable platform enables borrowers to easily and swiftly access online loans from multiple lenders, providing the necessary funds without the challenges typically associated with traditional banks.

    IOnline Payday Loans prioritizes customer satisfaction, ensuring that the entire process—from application to funding—is straightforward and hassle-free. This approach allows individuals with poor credit to obtain the financial assistance they require.

    Additionally, the platform emphasizes openness and transparency, guaranteeing that there are no hidden fees or cumbersome paperwork.

    What Sets IOnline Payday Loans Apart from Other Lenders?

    IOnline Payday Loans offers innovative financial solutions and a unique approach to individuals seeking best payday loans for bad credit. As one of the lenders in this space, IOnline often provides an application process that requires minimal paperwork, facilitating fast approvals and quick access to funds. This is particularly important for those who need emergency funding rapidly. Clients can conveniently apply for loans through IOnline’s website or mobile application, making it easier to obtain funds in a timely manner.

    IOnline leverages the latest technology to enhance wait times, utilizing algorithms that enable faster assessment of applications, which means borrowers experience shorter waiting periods for responses. Additionally, IOnline’s customer service representatives are knowledgeable and easily accessible, helping clients better understand their options.

    Some of the features that distinguish IOnline as a unique lender include:

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    What Are the Terms and Conditions for No Credit Check Loans at IOnline Payday Loans?

    The terms and conditions for no credit check personal loans guaranteed approval at IOnline Payday Loans are designed to provide flexibility and transparency for borrowers. These loans feature clear terms that outline repayment schedules, interest rates, and any applicable fees, ensuring that borrowers fully understand their obligations from the beginning. IOnline Payday Loans is dedicated to offering straightforward information about the borrowing process, enabling individuals to make informed decisions regarding their financial needs.

    When considering financial assistance through consumer loans, borrowers can expect a variety of terms tailored to different financial situations. Loan networks facilitate applications and help avoid hidden fees.

    For example, interest rates may vary based on the total amount borrowed, typically ranging from 5% to 35%, depending on market conditions and the borrower’s credit profile.

    Repayment schedules are structured to be manageable, often allowing for monthly payments over a specified term that usually spans from three to 24 months. A notable feature of these loans is the guaranteed approval, making them accessible to individuals with less-than-perfect credit.

    Borrowers are encouraged to maintain open communication with lenders to clarify any questions regarding their specific repayment conditions. Las Vegas lenders are among those offering transparent loan terms.

    Additional requirements may include proof of income or residency, which ensures that borrowers demonstrate their ability to repay the loan. This approach fosters accountability and instills greater confidence in individuals seeking loans to meet their immediate financial needs.

    What Are the Requirements for No Credit Check Loans at IOnline Payday Loans?

    The requirements for no credit check loans at IOnline Payday Loans align with the company’s other loan offerings and are designed to encourage responsible lending practices. Loan applications require income verification and evaluation of credit profiles.

    Generally, borrowers must be at least 18 years old and provide valid identification along with proof of income to demonstrate their ability to repay the loan. These criteria are established to create eligibility requirements for loans while still enabling individuals with varying credit backgrounds to access the funds they may need.

    Do I Need a Good Credit Score to Get a Loan from IOnline Payday Loans?

    One of the primary benefits of obtaining a loan through IOnline Payday Loans is that a good credit score is not a requirement for qualification. Since credit scores are not the main consideration, IOnline Payday Loans provide individuals with poor credit a better opportunity to secure a loan when they need it most.

    Consequently, more borrowers can access the emergency funds they require without undergoing rigorous credit checks. The flexibility of IOnline Payday Loans is particularly valuable in times of financial emergencies, as the repercussions of not having cash can be severe for those with poor credit, exacerbating their existing financial difficulties.

    IOnline Payday Loans offers a solution that allows borrowers to have a more sustainable lending experience by considering their overall circumstances. This means that even individuals in dire financial situations can find a loan solution that addresses their needs, enabling them to begin the process of recovery.

    How to Apply for a No Credit Check Loan at IOnline Payday Loans? Understanding the Qualifications

    Applying for a no credit check loan at IOnline Payday Loans is a straightforward and expedited process, as the company is committed to providing borrowers with quick funding when needed.

    The entire application process is conducted online, allowing applicants to complete the necessary forms from the comfort of their own homes without any paperwork. This user-friendly approach to online loans, enables borrowers to easily navigate the process and receive an instant decision regarding their installment bad credit loans eligibility.

    Step 1: Fill Out an Online Application

    The first step in obtaining a no credit check loan from IOnline Payday Loans is to complete an online application form with accurate and complete information. Providing accurate details is crucial, as it gives the lender essential insights into the borrower’s financial position, enabling them to assess eligibility for funding without reviewing high interest rates credit histories. Therefore, applicants must ensure that they submit correct information regarding their income, employment status, and identification details. Any inaccuracies can lead to delays or even disqualification from the process, particularly if the financial information is misleading.

    Here are some important considerations for the application:

    • Income Verification: You will need to confirm your earnings, which may include submitting pay stubs or bank statements.
    • Employment Status: Providing current employment details will strengthen your application.
    • Bad Credit Considerations: It is essential to be transparent about any previous financial difficulties.

    Honesty regarding financial information is one of the most important aspects of the application process. Misrepresentations can jeopardize loan opportunities and damage the trust between the borrower and the lender. Therefore, borrowers are encouraged to double-check the information they provide before submitting the application. By doing so, they can help ensure that the lending process is as smooth and efficient as possible, allowing them to obtain the financial assistance they need without the complications of traditional credit checks.

    Step 2: Receive an Instant Decision

    After applying for a no credit check loan online, without no paperwork, applicants receive an immediate decision regarding their loan approval. This instant decision feature is a significant advantage of no credit check loans, as it allows borrowers to quickly determine their eligibility for the funds they need.

    The ability to obtain a fast loan decision helps individuals plan accordingly and address urgent financial situations without unnecessary delays. The instant decision process relies on evaluating specific criteria in the borrower’s application, including income stability, length of employment, and current debt levels.

    Furthermore, automated systems expedite these evaluations, enabling applicants to receive results in just a few minutes. This quick response allows those in need of cash to access their funds promptly. Understanding how this lending process works can help applicants prepare their documentation effectively and enhance their chances of receiving guaranteed approval, ensuring timely assistance during emergencies.

    Step 3: Review and Sign the Loan Agreement

    Once you receive approval for a no credit check loan, the next step is to review and sign the loan agreement, which outlines crucial information regarding repayment terms and conditions. The significance of the loan agreement cannot be overstated, as it ensures that borrowers fully understand their obligations, including interest rates and payment schedules, before receiving the funds. iOnline Payday Loans is a direct lender that prioritizes transparency and clarity, ensuring there are no hidden fees or unexpected charges, which promotes a sustainable borrowing experience, ensuring budget effectively.

    The following key elements of a loan agreement can significantly impact your financial well-being:

    • Interest Rates: Make sure you understand how much you will owe over time to ensure it fits within your budget.
    • Fees: Be aware of any origination fees or penalties for early repayment.
    • Payment Schedule: Knowing when payments are due can help you avoid late fees and potential default.

    Being informed about these terms give the power tos borrowers and encourages sound budgeting and responsible financial planning. Understanding the details of your loan agreement can help you navigate your financial solutions without the stress of unexpected obstacles.

    Step 4: Receive Funds in Your Bank Account

    Borrowers can expect their funds to be deposited directly into their bank accounts immediately after signing the loan agreement. This allows for quick access to cash through direct deposit without the need for collateral, which is especially beneficial for those facing unexpected expenses.

    Generally, borrowers can anticipate the funds to be transferred within 1 to 2 business days, depending on the lender and the institution’s processing times, making it a reliable source of emergency funding when needed.

    The convenience is further enhanced for users of Online Payday Loans online platform, as they can apply for funds from the comfort of their homes. Additionally, borrowers can often secure financing without extensive paperwork or complicated credit checks.

    This streamlined process enables almost instant access to consumer loans in Las Vegas, making it an ideal solution for individuals experiencing financial difficulties.

    What Are the Repayment Options for No Credit Check Loans at IOnline Payday Loans?

    IOnline Payday Loans offers a variety of repayment options for no credit check loans, enabling borrowers to select the terms that best fit their financial circumstances. The flexibility in repayment terms options allows individuals to manage their debts in a way that is comfortable for them, with predictable payments that aid in budgeting.

    IOnline also provides clear guidelines regarding repayment to promote responsible borrowing and ensure that customers can maintain their financial health.

    Are There Any Alternatives to No Credit Check Loans at IOnline Payday Loans?

    For individuals seeking alternatives to no credit check loans, IOnline Payday Loans offers the following options

    • Online Payday Loans: A secured loan requires collateral, such as a car or a home. Because this reduces the lender’s risk, secured loans often come with more favorable terms and lower interest rates.
    • Installment Loans: A co-signed loan enables the loan applicant to have a trusted individual, known as the co-signer, apply for the loan on their behalf. The co-signer’s creditworthiness is taken into account alongside the borrower’s when determining eligibility and loan terms.
    • Online Personal Loans: A credit builder loan allows the borrower to access the funds they need while simultaneously providing an opportunity to improve their credit profile.

    Online Payday Loans

    Online Payday Loans are a form of financing in which the borrower provides collateral, significantly reducing the risk for lenders and resulting in lower interest rates compared to unsecured loans. This type of financial product can be tailored to meet various needs and may be particularly suitable for those who have had difficulty obtaining credit in the past.

    Individuals typically pledge assets such as their home, motor vehicle, or savings accounts as collateral for secured loans. Common types of acceptable collateral include real estate properties, automobiles, and bank fixed deposits.

    The advantages of secured loans over unsecured loans are numerous. Firstly, secured loans usually come with lower interest rates because the presence of collateral offers a safety net for lenders. This can help borrowers manage their finances and payments more easily.

    Additionally, individuals with poor credit histories may find better acceptance through direct lenders, who can offer more favorable terms based on the collateral provided.

    Installment Loans

    Installment Loans involve a secondary borrower who agrees to take responsibility for the debt if the primary borrower defaults. This arrangement often provides individuals with bad credit a pathway to secure loans under better terms. By including a co-signer with strong creditworthiness, applicants can enhance their chances of approval and potentially receive lower interest rates, making this a viable option for those struggling to obtain financing independently.

    Essentially, co-signed loans act as a bridge for many seeking financial assistance during emergencies or looking to make significant purchases. The co-signer, typically a family member or friend, plays a crucial role not only by signing the loan documentation but also by establishing credibility for the borrower.

    This arrangement can be particularly beneficial for individuals with limited credit history or poor credit ratings, as it can open doors to consumer loans that might otherwise remain inaccessible. However, potential risks accompany this borrowing method, including strain on personal relationships and the financial liability that the co-signer assumes.

    Advantages:

    • Increased chance of loan approval.
    • Lower interest rates due to the co-signer’s stronger credit profile.
    • Opportunity for the primary borrower to build credit.

    Disadvantages:

    • Risk of damaging relationships if payments are missed.
    • Financial responsibility for the co-signer if the primary borrower defaults.
    • Potential negative impact on the co-signer’s credit score.

    Online Personal Loans

    Online Personal loans are specifically designed to help individuals enhance their credit profiles while accessing funds, making them an excellent alternative for those seeking to improve their credit history and loan eligibility. These loans typically involve small amounts, which are held in a savings account until the borrower has made all necessary payments. This arrangement allows borrowers to build a positive credit history through regular repayment.

    Understanding how these loans operate can significantly influence one’s financial future and loan decisions. When a borrower applies for a credit builder loan, the lender places the borrowed amount in a secured account that the borrower cannot access until the loan is fully repaid. This structure not only ensures the safety of the funds but also fosters a sense of financial discipline.

    Regular payments are reported to credit bureaus, which can positively influence the credit score over time. This option is particularly advantageous for individuals with poor credit or those just beginning their credit journey, as it can help them qualify for better financial products in the future.

    Therefore, credit builder loans offer a valuable pathway for financial give the power toment, transforming past credit challenges into sustainable borrowing experiences and future opportunities.

    Frequently Asked Questions

    What are the best no credit check loans guaranteed approvals direct lenders offered by IOnline Payday Loans in Las Vegas?

    IOnline Payday Loans offers a variety of loans with guaranteed approvals from direct lenders, including personal loans, payday loans, and installment loans.

    Can I get a no credit check loan from a direct lender through IOnline Payday Loans?

    Yes, IOnline Payday Loans works with a network of trusted direct lenders who offer no credit check loans to individuals with varying credit scores.

    What are the advantages of choosing a direct lender for my no credit check loan?

    Choosing a direct lender for your no credit check loan can often result in faster approvals, more personalized loan terms, and potentially lower interest rates.

    Do I need a good credit score to qualify for a no credit check loan from a direct lender through IOnline Payday Loans?

    No, IOnline Payday Loans works with direct lenders who specialize in providing loans to individuals with less-than-perfect credit, so your credit score may not be a determining factor in your loan approval.

    What is the application process like for a no credit check loan from a direct lender through IOnline Payday Loans?

    The application process for a no credit check loan through IOnline Payday Loans is simple and can be completed entirely online. You will need to provide basic personal and financial information, and may also be required to submit proof of income for direct deposit.

    How quickly can I receive the funds from my no credit check loan with a direct lender through IOnline Payday Loans,

    Depending on the lender and your bank’s processing times, you may be able to receive the funds from your no credit check loan as soon as the next business day after approval.

    Media Contact:
    Company Name: IOnline Payday Loans
    Registered Office Address: 1095 Sugar View Dr Ste 500 Sheridan, WY 82801
    Company Website: https://ionlinepaydayloans.com/
    Email: mria@ionlinepaydayloans.com
    Phone: 307-777-7311
    Contact person name: Mria

    Disclaimer: This announcement contains general information about Ionline payday loan services and should not be considered financial advice. Ionline Payday Loans does not guarantee loan approval, and loan terms may vary by applicant and lender requirements. Loans are available to U.S. residents only.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0b02e2d3-6f2d-4234-98fe-1f7d694aa226

    The MIL Network –

  • MIL-OSI: NNIT A/S: NNIT adjusts 2025 outlook and publishes Q1 figures

    Source: GlobeNewswire (MIL-OSI)

    The first quarter financial performance was expected to be moderate, but the increased macroeconomic and geopolitical uncertainty has impacted NNIT to a larger extent than expected. Based on the realized results and the continued uncertainty, NNIT adjusts the 2025 financial outlook.

    Given the current uncertainty, organic revenue growth is expected to be 0% to 5% (previously 7% to 10%), which is due to postponement of projects and the sales pipeline materializing at a slower pace than planned as customers are hesitating to engage in new contracts, especially within Life Science. Expectations for the Group operating profit margin excluding special items are maintained at 7% to 9% as NNIT is significantly reducing its cost base by adjusting capacity and lowering general spending across regions and on corporate level. Special items are expected to be up to last year’s level of DKK 69m (previously expected to be below the 2024 level) mainly driven by further restructuring costs.

    NNIT generated Q1 2025 Group revenue of DKK 464m (Q1 2024: DKK 463m). The organic growth was negative by 0.8% (Q1 2024: 8.0%) due to Region Europe and Region US. Group operating profit excl. special items was DKK 18m (Q1 2024: 24m), equal to a margin of 3.9% (Q1 2024: 5.2%). Profit and margin were mainly impacted by Region Europe and a decrease in Region Denmark driven by overcapacity following the postponement of a large contract, which has been signed in Q2, and the loss of a large public tender. Special items for the Group amounted to DKK 25m (Q1 2024: income DKK 11.3m) primarily driven by restructuring costs.

    Financial figures, DKK million Q1 2025 Q1 2024 FY 2024
    GROUP      
    Revenue 464 463  1,851
    Group operating profit excl. special items 18 24 117
    Group operating profit margin excl. special items 3.9% 5.2% 6.3%
    Special items 25 -11 69
           
    REGION EUROPE      
    Revenue 119 126 512
    Regional operating profit 12 14 67
    Regional operating profit margin 10.0% 11.2% 13.0%
           
    REGION US      
    Revenue 87 93 346
    Regional operating profit 26 18 73
    Regional operating profit margin 30.4% 19.0% 21.2%
           
    REGION ASIA      
    Revenue 37 32 149
    Regional operating profit 3 -2 8
    Regional operating profit margin 7.6% -5.3% 5.2%
           
    REGION DENMARK      
    Revenue 221 212 844
    Regional operating profit 33 48 151
    Regional operating profit margin 15.1% 22.6% 17.9%

    Despite the adjustment of expectations for organic growth, NNIT maintains expectations for the Group operating profit margin excl. special items to reach 7% to 9%. NNIT has executed several cost reducing initiatives, which include capacity adjustments across the group, to minimize the impact on profitability.

    NNIT will publish the Q1 2025 trading statement on May 5, 2025, one day earlier than planned.

    For more information, please contact:

    Investor Relations
    Carsten Ringius            
    EVP & CFO
    Tel: +45 3077 8888
    carr@nnit.com

    Media Relations
    Thomas Stensbøl
    Press & Communications Manager
    Tel: +45 3077 8800
    tmts@nnit.com 

    ABOUT NNIT

    NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and private sectors in Denmark.

    We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

    We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

    We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies, but always driven by business needs rather than technology.

    NNIT consists of group company NNIT A/S and the subsidiary SCALES. Together, these companies employ more than 1,700 people in Europe, Asia and USA.

    Attachment

    The MIL Network –

  • MIL-OSI: NNIT A/S: Business performance impacted by market undercetainty expected to continue. Mitigating actions taken to protect profitability

    Source: GlobeNewswire (MIL-OSI)

    Q1 2025 key highlights

    • Financial performance for the first quarter was expected to be moderate, but macroeconomic and geopolitical uncertainty increased, which impacted NNIT. The uncertainty has influenced customer behavior, especially in the three regions focusing on IT Life Science solutions, where several projects have been postponed, most predominantly in Region Europe. Group revenue amounted to DKK 464.1m, entailing flat revenue growth compared with last year.
    • Despite improving utilization and capacity adjustments made across regions during the quarter as well as tight cost focus across business areas, the group operating profit excl. special items declined to DKK 18.0m in Q1 2025 compared with DKK 23.9m in the same quarter last year. The decline was due to the lower profit generation in Region Europe and Region Denmark, partly offset by improved profitability performance in Region US and Region Asia. Group operating profit margin excl. special items was 3.9% in Q1 2025 compared with 5.2% in the same quarter last year.
    • Region Denmark growth around 4% where selected solution areas focusing on the Public sector in Denmark, is showing growth upwards at 8%. SCALES also contributed to the growth in region Denmark solidifying its position as a leader within D365 solutions.
    • Special items amounted to DKK 25.3m in Q1 2025 covering restructuring costs of DKK 20m impacting all regions, earn-out payments of DKK 3m, and IT systems and integration costs amounting to around DKK 2m.
    • The financial outlook for 2025 was adjusted on May 5, 2025 cf. company announcement 04/2025 as the current macroeconomic and geopolitical landscape has deteriorated materially since the full-year outlook communicated in February. NNIT expects to be further affected by current uncertainty why the organic growth range was adjusted to 0% to 5% (previously 7% to 10%). Group operating profit margin excl. special items was maintained at 7% to 9% due to significant cost reducing initiatives with most already having been executed. As a result of lower revenue generation caused mainly by external factors, NNIT expects to incur additional restructuring costs as special items. Special items are expected to be at up to last year’s level of DKK 69m (previously expected to be significantly below the 2024 level).

    The first quarter was more severely affected by uncertainty than expected at the beginning of the year. Hesitance among several customers of NNIT has resulted in less revenue and sales as projects are being postponed. In general, NNIT has taken action to adjust capacity to fit the current demand with several reductions completed in 2024 and leaving NNIT in a stronger position going into 2025. However, it has been necessary to take further actions to mitigate the business impact from lower revenue generation with a reduction of around 100 employees in Q1 2025. Furthermore, NNIT has carried out several cost-reducing initiatives such as putting new employments on hold and limiting all discretionary spending to a minimum with full impact from the second quarter.

    Given the current macroeconomic environment and geopolitical unrest, NNIT continues to expect that its customers will be affected, which is reflected in the adjusted full-year financial outlook.

    Pär Fors, CEO of NNIT, comments: “The business environment of NNIT has deteriorated in the first quarter of the year as especially our Life Science customers are being negatively impacted by the macroeconomic unrest. Customers are hesitant to engage in new contracts before things are stabilizing, and we are navigating this environment to continue our strategic journey at NNIT. However, the impact from the uncertainty is more severe than initially expected, why the full-year outlook has been adjusted.”

    Financial overview – Selected key figures

    NNIT A/S, DKK million Q1 2025 Q1 2024 FY 2024
    Revenue 464.1 463.4 1,851
    Revenue growth, % 0.2% 12.2% 23.4%
    Revenue growth, organic % -0.8% 8.0% 10.8%
    Group operating profit excl. special items 18.0 23.9 117
    Group operating profit margin excl. special items, % 3.9% 5.2% 6.3%
    Special items .25.3 11.3 -69
    Group operating profit incl. special items -7.3 35.2 48
    Group operating profit margin incl. special items, % -1.6% 7.6% 2.6%
           
    Free cash flow -73 -166 -40

    Conference call

    May 6, 2025, at 3:00 PM CEST: Webcast link 

    Dial in information:
    DK: +45 78 76 84 90
    SE: +46 31-311 50 03
    UK: +44 20 3769 6819
    US: +1 646 787 0157
    Participant Access code: 472855

    For more information, please contact:

    Investor Relations
    Carsten Ringius            
    EVP & CFO
    Tel: +45 3077 8888
    carr@nnit.com

    Media Relations
    Thomas Stensbøl
    Press & Communications Manager
    Tel: +45 3077 8800
    tmts@nnit.com 

    ABOUT NNIT

    NNIT is a leading provider of IT solutions to life sciences internationally, and to the public and private sectors in Denmark.

    We focus on high complexity industries and thrive in environments where regulatory demands and complexity are high.

    We advise on and build sustainable digital solutions that work for the patients, citizens, employees, end users or customers.

    We strive to build unmatched excellence in the industries we serve, and we use our domain expertise to represent a business first approach – strongly supported by a selection of partner technologies but always driven by business needs rather than technology.

    NNIT consists of group company NNIT A/S and the subsidiary SCALES. Together, these companies employ more than 1,700 people in Europe, Asia and the USA.

    Attachments

    The MIL Network –

  • MIL-OSI: CORRECTION: Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    Source: GlobeNewswire (MIL-OSI)

    OMA SAVINGS BANK PLC, STOCK EXCHANGE RELEASE 5 MAY 2025 AT 13.00 A.M. EET, INTERIM REPORT Q1


    CORRECTION: Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    This release corrects the January-March interim report published today at 9.45 a.m. EET. The CEO’s review contained an incorrect figure regarding the total investments in the Noste project. The corrected sentence reads: Total investments in the Noste project reached EUR 11.6 million over its duration.

    Below the corrected stock exchange release and the interim report January-March 2025 attached.

    Oma Savings Bank Plc’s Interim Report 1.1.-31.3.2025: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    This release is a summary of Oma Savings Bank’s (OmaSp) January-March 2025 Interim Report, which can be read from the pdf file attached to this stock exchange release and on the Company’s web pages www.omasp.fi

    CEO Karri Alameri: High costs and declining market interest rates weighed on the result, work to strengthen OmaSp continues

    ”I had the honour of starting as the CEO of Oma Savings Bank at the end of March. In recent weeks, I have engaged with the bank’s personnel, customers, and stakeholders across Finland. These discussions have underscored OmaSp’s strong customer relationships, employee commitment, as well as comprehensive range of services, and personalised service model. These elements provide a solid foundation for OmaSp’s next phase. It is clear that we must continue refining our policies and evolving our ways of working. Trust in the Company is rebuilt through actions.

    The comparable profit before taxes for the first quarter was EUR 4.6 million and the comparable cost/income ratio of 54.4%. Profit and profitability were burdened by increased operating and personnel expenses, as well as lower net interest income due to declining market interest rates.

    The increase in costs is primarily attributed to the implementation of the risk management action plan (the “Noste”) initiated in summer 2024. The final investments in the project were made as planned in the first quarter, and new operating models are being integrated into daily operations. Total investments in the Noste project reached EUR 11.6 million over its duration. What is more, we continue to act on the findings of the supervisory assessment.

    Net interest income decreased by 18.3% compared to the comparison period, totalling EUR 46.9 million. The decline is due to fallen market interest rates. The volumes transferred from Handelsbanken have contributed to the development of net interest income as market interest rates have declined.

    Fee and commission income and expenses (net) remained nearly at the level of the comparison period, amounting to EUR 14.7 million.

    The mortgage loan portfolio increased by 3.0%, the corporate loan portfolio by 0.4%, and the deposit base by 2.7% from the level of the previous year.

    Impairment losses on financial assets totalled EUR -22.3 million in January–March. Approximately one-third was related to the update of the calculation model for expected credit losses (ECL), another third to increased allowances in the portfolio, which is being wound down in a controlled manner, and the remaining third to other impairment losses on the loan portfolio due to the general uncertain economic situation.

    Additionally, a provision of EUR 3.0 million was made for the first quarter to prepare for potential sanctions from the Finnish Financial Supervisory Authority (FIN-FSA) due to deficiencies identified in the final inspection report on the prevention of money laundering and terrorist financing. The FIN-FSA’s audit covered the period prior to December 2023. Measures to rectify the deficiencies were initiated while the audit was underway last year.

    Customer and employee satisfaction at an excellent level

    Following the Handelsbanken acquisition, we gained 10,000 new customers last autumn, and the integration has progressed smoothly. We have 48 branches covering all key growth and regional centres in Finland. In January–March, approximately 800 new customer relationships were established organically per month. OmaSp has a strong customer base of over 200,000. We are committed to offering services to households and SMEs across our network.

    Our customer and employee surveys indicated that satisfaction has remained at the excellent level of previous years. I want to extend my gratitude to our personnel for their exemplary work. Committed and motivated personnel are crucial to OmaSp’s future success.

    OmaSp’s financial position is stable, with a good solvency and liquidity position. The total capital (TC) ratio further strengthened to 17.7% at the end of March. The accumulated equity exceeds EUR 583 million.

    I look to the future with confidence. We will continue to develop our operations, invest in our core business, and strengthen the customer experience for both existing and new customers. Our strategy aims for profitable growth.”

    January–March 2025

    • In January–March, net interest income decreased by 18.3% compared with the same period last year. Net interest income totalled EUR 46.9 (57.4) million.
    • Mortgage portfolio increased by 3.0% during the previous 12 months. Corporate loan portfolio increased by 0.4% during the previous 12 months.
    • Deposit base increased by 2.7% over the past 12 months.
    • From January to March, fee and commission income and expenses (net) decreased mainly due to lower lending commissions compared to the comparison period, 2.6%.
    • From January to March, total operating income decreased by 18.9% compared to the comparison period. In the first quarter, comparable total operating income decreased by 19.8% and was EUR 59.5 (74.3) million.
    • From January to March, total operating expenses grew in total by 31.9%. The growth is mainly explained by the costs of the Company’s ongoing extensive risk management development projects, the authority processes and the promotion of a controlled winding down plan related to the non-compliance with the guidelines. In addition, the number of personnel increased compared to the comparison period due to business arrangements, the opening of new branches and the strengthening of the risk management processes. Other operating expenses were in total EUR 22.2 (16.4) million, of which the development costs of the risk management action plan and investigation costs amounted to EUR 5.3 million.
    • Comparable total operating expenses grew by 27.9% in the first quarter and were EUR 32.2 (25.2) million. Of this amount the risk management action plan (the ”Noste”) amounted to EUR 3.3 million. The measures implemented in the first quarter completed the action plan initiated in the summer of 2024.
    • For January-March, the impairment losses on financial assets were in total EUR -22.3 (-23.1) million. During the reporting period, the Company updated the calculation model for expected credit losses (ECL) as part of a larger operational programme and development of risk control. The total impact of the updated model increased the ECL by approximately EUR 8.5 million. In addition, the amount of impairment losses was impacted by an increase in allowances in the controlled winding down of the portfolio, which had an impact of approximately EUR 5.7 million. In other credit portfolio, impairment losses amounted to approximately EUR 8.1 million, and the development was particularly affected by the overall economic uncertainty.
    • For January-March, profit before taxes was EUR 3.1 (24.7) million and comparable profit before taxes was EUR 4.6 (25.6) million.
    • In the first quarter, cost/income ratio was 57.4 (35.2)% and comparable cost/income ratio was 54.4 (34.1)%.
    • In the first quarter, comparable return on equity (ROE) was 2.5 (15.5)%.
    • Total capital (TC) ratio was 17.7 (15.6)%.
    The Group’s key figures (1,000 euros) 1.3.2025 1.3.2024 Δ % 1.12.2024
    Net interest income 46,88 57,369 -18 % 213,097
    Fee and commission income and expenses, net 12,439 12,766 -3 % 50,745
    Total operating income 60,074 74,08 -19 % 270,068
    Total operating expenses -34,24 -25,958 32 % -111,004
    Impairment losses on financial assets, net -22,322 -23,112 -3 % -83,379
    Profit before taxes 3,111 24,668 -87 % 74,589
    Cost/income ratio, % 57.4% 35.2% 63 % 41.3%
    Balance sheet total 7,517,814 7,531,291 0 % 7,709,090
    Equity 583,026 527,426 11 % 576,143
    Return on assets (ROA) % 0.1% 1.0% -88 % 0.8%
    Return on equity (ROE) % 1.7% 14.9% -89 % 10.7%
    Earnings per share (EPS), EUR 0.07 0.60 -88 % 1.80
    Total capital (TC) ratio % 17.7% 16.9% 5 % 15.6%
    Common Equity Tier 1 (CET1) capital ratio % 16.5% 15.4% 8 % 14.4%
             
    Comparable profit before taxes 4,617 25,626 -82 % 86,656
    Comparable cost/income ratio, % 54.4% 34.1% 60 % 37.8%
    Comparable return on equity (ROE) % 2.5% 15.5% -84 % 12.4%

    Outlook for the financial year 2025 adjusted

    OmaSp updated its expected credit loss (ECL) calculation model in the first quarter and made a provision to prepare for possible sanctions following the final inspection report from the FIN-FSA on anti-money laundering and terrorist financing. These had a total one-off impact of approximately EUR -11 million on the results. Overall economic uncertainly has further increased. Therefore, OmaSp maintains its earnings guidance on the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range.

    Business outlook and earnings guidance are as follows:

    The outlook for the Company’s business for the financial year 2025 is affected by the decline in market interest rates and the continued high level of costs due to IT investments and system improvements required by risk management and quality processes. In addition, the Company continues to invest in customer experience on different channels. The uncertainty of the operating environment and economic situation affects the development of balance sheet items and comparable profit for the financial year 2025.

    Oma Savings Bank Plc provides earnings guidance on comparable profit before taxes for 2025. Earnings guidance is based on the forecast for the entire year, which takes into account the current market and business situation. Forecasts are based on the management’s insight into the Group’s business development.

    We estimate the Group’s comparable profit before taxes to be EUR 65–80 million for the financial year 2025, with a clarification that the figure is expected to be below the mid-point of the range (comparable profit before taxes was EUR 86.7 million in the financial year 2024).

    Oma Savings Bank Plc

    Additional information:
    Karri Alameri, CEO, tel. +358 45 656 5250, karri.alameri@omasp.fi

    DISTRIBUTION: 
    Nasdaq Helsinki Ltd
    Major media
    www.omasp.fi

    OmaSp is a solvent and profitable Finnish bank. About 500 professionals provide nationwide services through OmaSp’s 48 branch offices and digital service channels to over 200,000 private and corporate customers. OmaSp focuses primarily on retail banking operations and provides its clients with a broad range of banking services both through its own balance sheet as well as by acting as an intermediary for its partners’ products. The intermediated products include credit, investment and loan insurance products. OmaSp is also engaged in mortgage banking operations.

    OmaSp core idea is to provide personal service and to be local and close to its customers, both in digital and traditional channels. OmaSp strives to offer premium level customer experience through personal service and easy accessibility. In addition, the development of the operations and services is customer-oriented. The personnel is committed and OmaSp seeks to support their career development with versatile tasks and continuous development. A substantial part of the personnel also own shares in OmaSp.

    Attachment

    The MIL Network –

  • MIL-OSI Global: A basic income support grant can address extreme poverty and inequality in South Africa – economic model shows how

    Source: The Conversation – Africa – By Carolyn Chisadza, Associate professor, University of Pretoria

    South Africa remains one of the most unequal countries in the world. The country’s per-capita expenditure Gini coefficient, a measure of how spending from income is distributed, stands at 0.65. This puts it among countries with the most unequal distribution of spending globally.

    Nearly 55% of the population were living in poverty in 2023. The country also has one of the highest unemployment rates in the world: 33.5% in the second quarter of 2024. To compound these issues, economic growth has stagnated since 2008.

    Ending extreme poverty, unemployment and inequality requires economic growth that includes more people. To get that result, there must be a set of interventions that work together. One intervention being considered in South Africa is basic income support to relieve poverty among unemployed citizens.

    Prior to the COVID-19 pandemic, basic income support had been on the policy agenda in South Africa for at least two decades, since the Taylor Committee in 2001. The pandemic made existing inequalities worse through job losses. A “social relief of distress” grant was introduced in 2020 to support the unemployed.

    The grant targeted those affected by sudden income loss, including unemployed working-age individuals who did not qualify for other grants. The introduction of the grant renewed interest in the concept of a universal basic income, or a more comprehensive form of income support. It highlighted the welfare potential for a more permanent basic income support system.

    Very few cases of universal basic income support pilots exist in developing countries. Where they do exist, studies point to the vital benefits a basic income grant system might provide. Examples include evidence from a pilot in Namibia, nine villages in India, and rural Kenya.

    In a recently published paper, a team of economists explored the possible effects of introducing permanent basic income support to:

    • all individuals aged between 18 and 59

    • only those who are unemployed

    • only unemployed individuals in extremely poor households, defined by the food poverty line.

    The economic modelling exercise demonstrates that a basic income grant targeting all individuals aged between 18 and 59 could significantly reduce poverty and inequality. These gains would, however, require carefully targeted and implemented interventions over a multi-year period.

    Our approach

    The study identifies which socio-economic groups would benefit the most from the grant, and sheds light on the impact of basic income support on the welfare and livelihoods of individuals and their households. We used market income or pre-transfer income as the starting point to see how public spending changed poverty or income inequality.

    We used data from the 2017 Quarterly Labour Force Survey, a measure of employment and unemployment based on the country’s working population. Using the three scenarios, we calculated the likely effects.

    The first scenario was based on the universal grant being paid to all those aged 18 to 59. In the second, only those aged 18-59 who were unemployed received it. Lastly, only those who lived in extremely poor households and were unemployed in 2017 were included.

    Some form of support exists for children under 18 (child grant) and for adults aged 60 and over (pension). That’s why we allocated the grant only for adults from 18 to 59.

    In all the scenarios, the income support transfer is assumed to be R595 (US$38) per individual per month in 2021, equivalent to what it cost to provide a basic basket of food (that is, the food poverty line). We use R595 as it closely aligns with the COVID social relief of distress grant extension and reflects the grant amount for the 2021/22 financial year.

    Main findings

    The main findings show that in general, a basic income support grant has the potential to reduce poverty and inequality in South Africa. However, the effect varies based on the targeting mechanism used to identify beneficiaries. Absolute poverty, its gap (the ratio by which the mean income of the poor falls below the poverty line) and income inequality fall the most when the transfer is universal or targets the unemployed and the extreme poor.

    In the first scenario (support for all individuals aged 18 to 59) and the third scenario (the unemployed and extremely poor), both poverty headcount (the percentage of the population living below the national poverty line) and the poverty gap (the ratio by which the mean income of the poor falls below the poverty line) decrease more than in the second scenario (targeting only the unemployed). The income inequality reduction is also larger in the first and third scenarios compared to the second scenario.

    Significance of findings

    The significance of these findings is that better targeting makes basic income support more pro-poor and progressive, and reduces the leakage of the benefit to the non-poor.

    In countries such as South Africa, where poverty and inequality are extensive and public resources are limited, the case for targeting is attractive. But it’s important to recognise that effective targeting entails higher administrative costs. Conversely, while a universal basic income grant may be more expensive in terms of total disbursement, it has the greatest potential to reduce poverty and overall inequality.

    The government can make the best use of its resources by focusing on vulnerable populations, such as those who are extremely poor and unemployed.

    Finding the right criteria to identify the poor, and running the grant properly, largely determines the programme’s success in improving welfare.

    Concluding remarks

    South Africa is currently saddled with high poverty and inequality. Our study brings the debate on the potential welfare benefits of expanding existing social grants back to the forefront of social policy.

    Eleni Abraham Yitbarek is affiliated with Partnership for Economic Policy (Research Fellow)

    Carolyn Chisadza, Kehinde Oluwaseun Omotoso, Margaret Chitiga-Mabugu, Nicky Nicholls, and Ramos Emmanuel Mabugu do not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.

    – ref. A basic income support grant can address extreme poverty and inequality in South Africa – economic model shows how – https://theconversation.com/a-basic-income-support-grant-can-address-extreme-poverty-and-inequality-in-south-africa-economic-model-shows-how-247954

    MIL OSI – Global Reports –

  • MIL-OSI Russia: Since the beginning of 2025, more than 3 million people have visited the China-Kazakhstan ICBC “Khorgos”

    Translation. Region: Russian Federal

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

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

    BEIJING, May 5 (Xinhua) — As of April 27, the China-Kazakhstan International Boundary Cooperation Center Khorgos (ICBC Khorgos) has received more than three million visitors since the beginning of this year, Zhongxinshe News Agency reported.

    For comparison, last year the number of visitors to the Khorgos ICBC exceeded the 3 million mark 74 days later – only in July.

    The Khorgos ICBC in the city of the same name in the Xinjiang Uyghur Autonomous Region was commissioned in April 2012. Its total area is 5.28 square kilometers, of which 3.43 square kilometers belong to China and 1.85 square kilometers to Kazakhstan. The center is mainly used as a venue for trade negotiations, exhibitions, sales, storage and transportation of goods, as well as the provision of financial services.

    Currently, there are more than 2,000 retail outlets in the Chinese part of the Khorgos International Centre of Boundary Cooperation, where they sell about a thousand types of goods produced in 40 countries and regions of the world.

    As reported at the Khorgos border checkpoint, the border service has developed measures in advance to provide assistance to various categories of citizens in connection with the expected sharp increase in the number of people crossing the state border during the May Day holidays. -0-

    MIL OSI Russia News –

  • MIL-OSI United Nations: 29 April 2025 Thailand launches WHO SPECS 2030 initiative to tackle leading cause of vision impairment

    Source: World Health Organisation

    Kicking off the event, Dr Warapat Wongsawad, the head of the Thai Public Health Ophthalmology Society, and Professor Dr Wanicha Chuenkongkaew, who leads the Royal College of Ophthalmologists of Thailand, provided opening remarks. Dr Andreas Mueller from WHO then delivered a keynote highlighting the importance of addressing refractive errors.  

    “Refractive error isn’t just about health—it creates societal and economic barriers. With the WHO SPECS 2030 initiative, nations get a worldwide strategy to eliminate these barriers by creating lasting, all-in-one eye care solutions,” Dr Mueller explained in his main speech. 

    Local progress and challenges  

    In the morning, Thailand’s current efforts took the spotlight. Projects like “Good Sight for Thai Children” and strategies from the Ministry of Public Health were on display. Presentations highlighted both progress and persistent challenges, from service access disparities to integration hurdles across public and private sectors.  

    Mr Udom Wongsing from the Office for Teacher and Education Institution Quality Development  illustrated how supporting children with vision impairment in the classroom is essential to building more equitable and inclusive societies.  

    In the afternoon, everyone looked ahead to Thailand’s upcoming strategy. They split into smaller teams to dive into the five SPECS 2030 pillars:  Service design, Personnel development, public Education, Costing, Surveillance and research. Participants from a range of stakeholder groups put their heads together to discuss solid srategies to boost Thailand’s eye health. 

    Each working group shared its insights during a debrief session, emphasizing integrated solutions such as training multidisciplinary visual care teams, educating the public on eye health literacy, and developing robust data systems to monitor outcomes. Dr Kulawan Rojananuangnit pointed out that the seminar laid the foundation to put Thailand at the forefront of bringing WHO SPECS 2030 to life with solid practical shifts. 

    Moving forward 

    As everything wrapped up, the participants agreed on one thing: turn the insights from the get-together into a plan for the nation. People from the health, education, private and policy circles in Thailand are banding together feeling hopeful that their homeland might just show others in the region how to tackle vision issues head-on. 

    Countries aim to hit the WHO’s worldwide goal to lower wrong refractive errors by 40% by 2030. Thailand’s initial push shows strong determination and true potential.

     

     

    During the launch week, both the Royal College of Ophthalmologists of Thailand and the Optometry Association of Thailand extended an invitation to Dr Andreas Mueller from WHO to present on SPECS 2030. Both professional bodies expressed strong interest in collaborating together with WHO to advance the initiative. 

    Photo: WHO/ Andreas Mueller and Dr Warapat Wongsawat 

    “,”datePublished”:”2025-04-29T11:33:22.0000000+00:00″,”image”:”https://cdn.who.int/media/images/default-source/topics/health-and-well-being/disability/blindness-and-vision-impairment/thailand2-specs2030.jpg?sfvrsn=7b4054a9_5″,”publisher”:{“@type”:”Organization”,”name”:”World Health Organization: WHO”,”logo”:{“@type”:”ImageObject”,”url”:”https://www.who.int/Images/SchemaOrg/schemaOrgLogo.jpg”,”width”:250,”height”:60}},”dateModified”:”2025-04-29T11:33:22.0000000+00:00″,”mainEntityOfPage”:”https://www.who.int/news-room/feature-stories/detail/thailand-launches-who-specs-2030-initiative-to-tackle-leading-cause-of-vision-impairment”,”@context”:”http://schema.org”,”@type”:”Article”};
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    MIL OSI United Nations News –

  • MIL-OSI Europe: Written question – Weaponisation of migration by Russia and implications for EU security and border policy – E-001633/2025

    Source: European Parliament

    Question for written answer  E-001633/2025
    to the Commission
    Rule 144
    Christine Anderson (ESN)

    Multiple credible sources confirm that foreign state actors, among them the Russian Federation and Belarus, have deliberately weaponised illegal migration as part of their hybrid warfare strategy, targeting EU Member States such as Finland, Poland, Lithuania and Latvia, as well as Norway. These operations reportedly involve the facilitation of third-country migrants through Russian territory using official visas, coercive tactics by Belarusian border authorities, and involvement by Russian intelligence and trafficking networks[1][2][3][4][5][6][7].

    Given the evidence of this threat, can the Commission respond to the following:

    • 1.Does the Commission recognise Russia’s (and Belarus’s) deliberate facilitation of irregular migration as a component of state-directed hybrid warfare? If so, what assessments or designations has it made in cooperation with relevant EU agencies (e.g. Frontex or the European External Action Service)?
    • 2.What specific legal instruments or coordinated EU measures are currently in place or under consideration to address the use of migration as a geopolitical weapon, including in terms of border control, visa policy and sanctions?
    • 3.How is the Commission supporting frontline Member States in returning migrants that have been taking part in hybrid attacks on EU external borders, and how many of them have been returned thus far?

    Submitted: 23.4.2025

    • [1] https://www.csis.org/analysis/russias-shadow-war-against-west.
    • [2] https://www.heritage.org/global-politics/commentary/russias-weaponization-migrants-hasnt-gone-away.
    • [3] https://etias.com/articles/eu-border-measures-target-migrant-weaponization-by-russia,-belarus.
    • [4] https://ukandeu.ac.uk/border-and-migration-politics-and-the-kremlins-hybrid-war/.
    • [5] https://www.hoover.org/research/weaponization-migration-powerful-instrument-russias-hybrid-toolbox.
    • [6] https://www.washingtontimes.com/news/2022/nov/16/russias-weaponization-of-migrants-hasnt-gone-away/.
    • [7] https://mwi.westpoint.edu/weaponized-migration-in-eastern-europes-frozen-north-do-not-overlook-russian-hybrid-warfare/.
    Last updated: 5 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Impact of the revised EU Emissions Trading System on household costs – E-001665/2025

    Source: European Parliament

    Question for written answer  E-001665/2025
    to the Commission
    Rule 144
    Beatrice Timgren (ECR), Charlie Weimers (ECR), Dick Erixon (ECR)

    The extension of the EU Emissions Trading System (ETS) to include road transport and buildings under ETS 2 is expected to significantly raise energy costs for households across the EU. According to a recent analysis, the cost of this measure could be as much as EUR 650 per year for Belgian households.[1]

    This raises concerns about the distributive effects of the revised ETS, especially at a time when many families are already struggling with inflation and high energy prices. The largest burden will fall disproportionately on middle- and lower-income citizens in colder, car-dependent regions.

    • 1.Does the Commission acknowledge that the revised ETS places a disproportionate financial burden on certain Member States and certain households, e.g. those living in colder rural areas?
    • 2.In the light of the disproportionate burden placed on certain households, has the Commission considered adjusting the ETS so that it does not punish households that are not eligible for compensation from the Social Climate Fund, but which are still hit with considerably increased expenses?
    • 3.Considering the strained financial situation for many households, has the Commission considered pausing the implementation of the revised ETS, and what would the consequences on climate and household economy be if such a pause took place?

    Submitted: 24.4.2025

    • [1] https://energyville.be/wp-content/uploads/2025/04/ETS2-paper_final-15042025.pdf.
    Last updated: 5 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Easter SOS for Greek sheep and goat farming – E-001630/2025

    Source: European Parliament

    Question for written answer  E-001630/2025
    to the Commission
    Rule 144
    Galato Alexandraki (ECR)

    Greek sheep and goat farming is facing serious difficulties, especially during the Easter period, as demand reaches 750 000 lambs and kids, while domestic production this year does not extend beyond 450 000. This gap is covered by imports, mainly from EU countries where producer prices are lower (e.g. EUR 4.4/kg in Romania, EUR 8/kg in Greece). With retail prices at EUR 14-16/kg, producers ultimately make a loss instead of a profit. Also, during the same period, increased export activity is observed to countries such as Italy, France and Germany (350 000 in 2024).

    At the same time, instances of ‘Greekification’ are being reported, where imported lambs and kids are misleadingly presented as Greek. In addition, cases of peste des petits ruminants have recently re-emerged in Romania and the Commission has decided to ban the movement of sheep and goats from there to other Member States.

    In view of the above:

    • 1.What checks are the competent European and national authorities required to carry out to ensure compliance with the legislation on the labelling and traceability of imported lambs and kids, and how does the Commission ensure that these checks are carried out?
    • 2.How does the Commission intend to provide practical support for domestic sheep and goat farming, in order to ensure the viability of producers and Greek market sufficiency?

    Submitted: 23.4.2025

    Last updated: 5 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – The rule of law in Azerbaijan ahead of the visit by the Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy to Baku – E-001666/2025

    Source: European Parliament

    Question for written answer  E-001666/2025
    to the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy
    Rule 144
    Nikolas Farantouris (The Left)

    The Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy, Kaja Kallas, is making a surprise visit to Azerbaijan on 25 April, without however announcing the agenda for the talks with President Ilham Aliyev. According to international observers, Baku has recently been drastically restricting freedom of expression, violently suppressing peaceful demonstrations.[1] The authorities have carried out mass arrests of opposition figures. Dozens of citizens remain in politically motivated detention. Journalists and activists are in prison after show trials.[2]

    Furthermore, following the 2023 military operation in Nagorno-Karabakh, over 100,000 Armenians – almost the entire Armenian population of the region – became refugees in Armenia amid a severe humanitarian crisis.[3] It is recalled that the European Parliament has recognised the Armenian Genocide,[4] which is commemorated today, 24 April, and Europe must prevent similar incidents in the future.

    The Vice-President of the Commission/High Representative of the Union for Foreign Affairs and Security Policy is therefore asked:

    • 1.What is the agenda and content of the EU’s discussions with a ruler who is internationally accused of ongoing violations of the rights of his citizens?
    • 2.Will the issue of the rule of law and human rights be raised and in what terms?
    • 3.What does the European Commission intend to do about the major issue of Nagorno-Karabakh, which is affecting the – Europe-friendly – people of Armenia?

    Submitted: 24.4.2025

    • [1] https://www.hrw.org/world-report/2024/country-chapters/azerbaijan
    • [2] https://www.eeas.europa.eu/eeas/azerbaijan-statement-spokesperson-human-rights-situation_en
    • [3] https://pace.coe.int/en/files/33145/html
    • [4] https://www.europarl.europa.eu/doceo/document/TA-8-2015-0094_EL.html.
    Last updated: 5 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Addressing healthcare workforce shortages through innovation – E-001595/2025

    Source: European Parliament

    Question for written answer  E-001595/2025/rev.1
    to the Commission
    Rule 144
    Tomislav Sokol (PPE)

    Europe faces a critical shortage of healthcare professionals, with over 1.2 million doctors, nurses and midwives needed as of 2022. Without action, this gap could reach 4 million by 2030. Ageing populations, chronic diseases and COVID-19 have worsened the crisis, with a 62 % rise in health worker absences during the pandemic. Innovations such as telemedicine, AI-driven diagnostics and digital health platforms can help alleviate strain, improve efficiency and enhance patient care.

    • 1.Does the Commission recognise the role of healthcare innovations in addressing healthcare workforce shortages?
    • 2.What specific measures is the Commission implementing to promote the adoption of such health innovations across the Member States to alleviate the burden on healthcare workers and enhance patient safety?

    Submitted: 22.4.2025

    Last updated: 5 May 2025

    MIL OSI Europe News –

  • MIL-OSI Europe: Written question – Transport poverty in rural areas and the need for regional strategies – E-001629/2025

    Source: European Parliament

    Question for written answer  E-001629/2025
    to the Commission
    Rule 144
    Rosa Serrano Sierra (S&D)

    Transport poverty – the paucity or absence of available and accessible transport services and infrastructure – is one of the critical challenges that rural areas in the EU are grappling with, as it hinders rural communities’ access to essential services (education, healthcare, etc.) and makes them more isolated.

    Some regional authorities offer few or no transport solutions in our towns and villages, particularly in the most remote areas, either denying residents the right to live there or causing the social exclusion of those who are determined to stay.

    This situation is at odds with the EU’s cohesion principle and runs counter to the Commission’s objective of strengthening the social dimension of mobility with a view to addressing transport poverty and improving access for isolated rural areas.

    In view of the above:

    • 1.Will the Commission put forward measures to meaningfully address mobility-related issues in rural areas in the next EU recommendation on transport poverty?
    • 2.Does the Commission believe that improving transport connections could make rural areas less disadvantaged?
    • 3.Does the Commission agree that it is important to outline strategies at the regional level, especially in cross-border territories, to ensure that all areas can count on an adequate number of quality connections?

    Submitted: 23.4.2025

    Last updated: 5 May 2025

    MIL OSI Europe News –