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Category: Transport

  • MIL-OSI Africa: World Bank Group Appoints New Division Director for Mozambique, Madagascar, Mauritius, Comoros and Seychelles


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    The World Bank Group has appointed Fily Sissoko as the new Division Director for Mozambique, Madagascar, Mauritius, Comoros, and Seychelles, effective today. He succeeds Idah Pswarayi-Riddihough, who held the position for the past four and a half years.

    In this new role, Mr. Sissoko will lead the World Bank Group’s engagement with government counterparts, development partners, and other stakeholders, advancing initiatives aligned with national priorities and the World Bank’s vision of a world free of poverty on a livable planet.

    An Ivorian national, Mr. Sissoko brings over 23 years of development experience across Africa, East Asia, South Asia, and the Pacific. Most recently, he served as the World Bank Country Manager for Togo, based in Lome. Prior to that, he was  the manager for the Governance Global Practice for the East Asia and Pacific region. He began his career at the World Bank in 2002 as a Financial Management Specialist in Dakar, Senegal, and has since held several leadership roles in financial management.

    Based in Maputo, Mr. Sissoko will oversee a portfolio of 63 projects totaling $8.5 billion in commitments across the five countries. This support spans key sectors including education, energy, health, social protection, infrastructure, agriculture, governance, and private sector development.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

    July 2, 2025

  • MIL-OSI United Kingdom: Birmingham Urges Residents to Support National Knife Surrender Campaign to Tackle Weapon-Related Harm

    Source: City of Birmingham

    Birmingham City Council is backing a national campaign to reduce knife crime by encouraging residents to surrender dangerous weapons anonymously and safely.

    As part of the national knife surrender scheme running from 1 to 31 July 2025, residents are urged to dispose of knives and other dangerous weapons using dedicated surrender bins across Birmingham, designated police stations, and a mobile van unit – all without fear of prosecution.

    In Birmingham, a mobile weapons surrender van will be stationed at Handsworth Park car park on Wednesday 2 July from 9am to 12pm. Residents can surrender knives and any other dangerous weapons safely and anonymously at this location. Personal information will not be taken, and you will not be asked any questions.

    In July, ahead of the new Government’s ban on ninja swords coming into force 1 August, there is a second surrender scheme running across England & Wales to offer safe disposal of ninja swords at designated police stations. These police stations include Bournville Police Station, Stechford Police Station or Sutton Coldfield Police Station from 8am to 10pm, and are only accepting ninja swords, not other weapons.

    Throughout the year, at any other time you will also be able to use one of the permanent weapon surrender bins in Birmingham.  These bins are provided by the West Midlands Police and Crime Commissioner working in partnership with local Community Safety Partnerships. These bins are regularly monitored and emptied, offering a trusted and confidential way to dispose of knives and sharp items that could otherwise cause harm. Locations of surrender bins in Birmingham can be found here.

    Councillor Mick Brown, Cabinet Member for Children, Young People and Families, said:

    “Every knife taken off our streets is a potential life saved. We are committed to working with partners and our communities to make Birmingham safer. This national surrender scheme provides a vital opportunity to take action, without fear of judgement or legal consequence. I encourage anyone in possession of a dangerous weapon – for whatever reason – to take this chance to do the right thing.”

    Councillor Jamie Tennant, Cabinet Member for Social Justice, Community Safety and Equalities, said

    “Keeping our communities safe is something we all have a role in. This weapon surrender scheme gives people a chance to make a positive choice – to remove a weapon from our streets and help protect their friends, families, and neighbours. It’s about creating safer spaces for everyone, especially our young people. I encourage anyone who has a weapon – or knows someone who does – to make use of this scheme and help build a safer Birmingham together.”

    West Midlands Police and Crime Commissioner Simon Foster said: “Preventing and tackling serious violence and knife crime, is an absolute top priority for me as Police and Crime Commissioner. I am pleased to be supporting the installation of the new Ninja Sword surrender bins. Every knife, blade or ninja sword surrendered is potentially a life saved. Each one destroyed, is one less threat to our young people, families and communities. This initiative is not just about removing weapons from our streets, it’s about delivering on our commitment to prevention, promoting public safety and saving lives.”

    How to surrender a weapon

    • Anonymous disposal: Weapons can be surrendered anonymously via the mobile surrender van (at Handsworth Park car park on Wednesday 2 July from 9am to 12pm) as well as by using one of the permanent surrender bins across the city, of which can be found here.

    • Police stations: If you own a ninja sword purchased before 27 March 2025, you may be eligible for compensation. Ninja swords purchased after that date can be surrendered but are not eligible for compensation.

    Designated Police stations are ONLY accepting ninja swords, not other weapons. These police stations include Bournville Police Station, Stechford Police Station or Sutton Coldfield Police Station from 8am to 10pm.

    • Safe handling: All surrendered weapons must be safely wrapped and transported in a way that avoids harm to others. Items should never be openly carried in public places – use a sealed bag or secure container.

    The campaign, led by the Home Office and supported by Birmingham City Council and West Midlands Police, aims to reduce the number of dangerous weapons in circulation and promote community safety. Knife crime continues to be a pressing issue nationally, and this campaign is a key step toward preventing violence before it occurs.

    For further details on the national surrender scheme, visit: www.gov.uk.

    Details about the mobile surrender van and the complete schedule is available here.

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Record poll projects Greens as Holyrood kingmakers

    Source: Scottish Greens

    01 Jul 2025 Scottish Independence

    Scottish Greens set to elect 16 MSPs at ballot box next May.

    More in Scottish Independence

    Reputable election pollster Ipsos Mori has today released polling for the 2026 Holyrood election, which predicts the largest ever group of Scottish Green MSPs in Holyrood.

    The poll marks the highest ever polling for the Scottish Greens in the party’s history, with 15% on the regional list and 9% in constituencies.

    If replicated at the election next May, the Scottish Greens would return to Holyrood with 16 MSPs, including likely constituency seats in Edinburgh and Glasgow. This would double the eight Green MSPs elected in 2021, the party’s best result to date.

    Scottish Greens MSP Ross Greer said:

    “People have seen the impact of Scottish Green MSPs, they like it and they want much more of it. At the last election, we were sent to Holyrood with a mandate to deliver for people and planet – and that’s exactly what our MSPs have done.

    “We delivered free bus travel for young people, the emergency rent freeze, more free school meals, the upcoming end of peak rail fares, higher taxes on the super-rich and dozens of other transformational changes. Now, with an election less than a year away, our hard work is being reflected in the polls.

    “Our MSPs have shown that when voters elect Scottish Greens to Parliament we deliver policies which cut their bills, protect the planet and take on the elites who have rigged the system in their own favour.

    “From introducing rent controls to tackle sky-high rents or cutting transport costs by scrapping peak rail fares and delivering free bus passes for young people, it’s clear that if you want Green policies, you have to vote for the Scottish Greens.

    “Next year, Scotland will be at a crossroads. With the far-right hoping to enter our Parliament for the first time, it’s more important than ever that we have a strong ecosocialist voice at the heart of our politics, fighting for the people of Scotland and our planet, not for the super-rich who would exploit both.

    “The Scottish Greens have proven that when we are in the room, our MSPs put people before profit and deliver for the people of Scotland. Next May you can help us do even more. Vote Scottish Greens.”

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI Canada: Minister’s statement on Taiwanese Heritage Month

    Source: Government of Canada regional news

    Niki Sharma, Attorney General, has released the following statement in celebration of Taiwanese Heritage Month:

    “We are proud to proclaim – for the first time in our province’s history – July as Taiwanese Heritage Month in British Columbia. Now, every summer, we will have another opportunity to recognize and honour the vibrant culture, history and contributions of the Taiwanese community that helps shape our province.

    “For decades, the Taiwanese community has enriched the social, cultural and economic fabric of British Columbia. Today, more than 45,000 Taiwanese Canadians call our province home. We recognize their dedication, innovation and community leadership, which continue to shape our society and create a stronger, more connected province.

    “Taiwanese culture is known for its warmth, creativity and strong sense of community. Whether through traditional festivals or the blending of history with modern life, it reflects a spirit of resilience and openness. Here in B.C., that vibrant cultural expression is carried forward by Taiwanese Canadians who contribute to our shared life every day.

    “Over the course of this month, we will have the chance to engage with the richness of Taiwanese heritage through community festivals, art exhibits, music, dance performances and more. Events, such as the Taiwanese Canadian Cultural Festival in Vancouver and others throughout the province, offer a meaningful opportunity to learn more about Taiwanese culture and traditions, and to come together in appreciation, friendship and connection.

    “I encourage all British Columbians to join in the festivities and help celebrate the Taiwanese community in our province and beyond.

    “Happy Taiwanese Heritage Month!”

    MIL OSI Canada News –

    July 2, 2025

  • MIL-OSI USA: Wasserman Schultz on Trump’s Tour of DeSantis Everglades Internment Camp

    Source: United States House of Representatives – Representative Debbie Wasserman Schultz (FL-23)

    DeSantis’ internment camp puts decades of massive restoration and billions of dollars in Everglades investments at risk. It desecrates the tribal lands it sits upon and wastes hundreds of millions of state funding at a grossly inflated cost.

    Washington DC – U.S. Rep. Debbie Wasserman Schultz (FL-25) released the following statement on President Trump’s planned tour of the costly Gov. DeSantis Everglades prison camp for immigrants:

    “DeSantis’ internment camp puts decades of massive restoration and billions of dollars in Everglades investments at risk. It desecrates the tribal lands it sits upon and wastes hundreds of millions of state funding at a grossly inflated cost. When hurricanes bear down on these flimsy structures at a sacred, environmentally sensitive location, it will either produce costly evacuation boondoggles, or grisly mass casualties. With two million Floridians about to lose health care, Trump and Republicans badly need this wasteful, dangerous, mass misery distraction.”

    MIL OSI USA News –

    July 2, 2025

  • MIL-OSI USA: Perry Homes I in Buffalo Welcomes First Residents

    Source: US State of New York

    overnor Kathy Hochul today announced that Phase I of Perry Homes in Buffalo’s First Ward has welcomed its first residents. When complete, Phase I will consist of 405 affordable apartments in 27 newly constructed buildings, replacing the dilapidated Commodore Perry Homes public housing development and transforming it into quality, modern, all-electric affordable homes for families. In the past five years, New York State Homes and Community Renewal has created or preserved more than 12,000 affordable homes in Erie County. Perry Homes continues this effort and is part of Governor Hochul’s five-year, $25 billion Housing Plan, which is on track to create or preserve 100,000 affordable homes statewide.

    “It is an honor to welcome the first residents of the new Perry Homes to a place where they can live comfortably and affordably with access to all of the things that make Buffalo and this First Ward neighborhood so special,” Governor Hochul said. “This is a huge milestone as this development begins to take shape and open its doors. This long-anticipated development that replaces an unfortunate symbol of decline is now a symbol of pride and will not only increase the supply of quality housing in Buffalo, but provide countless opportunities for families, businesses, and the entire city to grow and thrive.”

    Perry Homes I is the first phase of a multi-phase transformation plan and involves the redevelopment of an 18-acre portion of the existing public housing development site. Once complete, the new Perry Homes will include 405 high-quality apartments, all of which will be affordable to households with incomes at or below 60 percent of the Area Median Income. Of the total units, 284 will be covered under a Section 8 Project-Based Housing Assistance Payment contract administered by the U.S. Department of Housing and Urban Development Office of Multifamily Housing.

    The redevelopment will also feature comprehensive on-site amenities, including a centrally-located property management office, maintenance suite, mail and package rooms, two community rooms with a kitchenette, three fitness centers, shared laundry on each floor, and bicycle storage.

    Residents will be provided free broadband Internet service and Wi-Fi, and they will also enjoy access to green space and outdoor amenities, such as four playgrounds, each designed to maximize play for children ages 2-12; multiple tree groves; rain gardens to support stormwater management practices; and two outdoor plazas with picnic tables, card tables, benches, and room for gathering and programming.

    On-site surface parking, including 30 electric vehicle charging stations, will be accessible across the site for residential tenant use, commercial visitors, and management staff.

    Perry Homes I is designed to be a highly efficient, all-electric project meeting Enterprise Green Communities 2020 Plus certification requirements and the U.S. Department of Energy Zero Energy Ready Home Version 1 program. As part of New York State’s Homes and Community Renewal Clean Energy Initiative, the new buildings will have high performance windows, enhanced insulation, a combination of high efficiency building mounted LED lighting to promote safety, and solar panels on each of the three mid-rise buildings. Every apartment will be equipped with inverter-driven air source heat pumps for air conditioning and heating and electric hot water heaters, ENERGY STAR certified dishwashers, refrigerators, washers and dryers, and low-flow plumbing fixtures.

    Residents will have easy access to the New York Thruway via I-190 at Louisiana Street and Perry Street. Bus access, which is available along South Park Avenue and Perry Street, provides quick access to downtown and places of employment. There are numerous shopping destinations and healthcare facilities nearby, as well as adult and childcare, a public library, and a community center.

    The development team is Pennrose and Bridges Development, Inc., a not-for-profit corporation affiliate of the Buffalo Municipal Housing Authority. The Perry Homes redevelopment will use the Federal Housing and Urban Development RAD program to convert the vacant public housing units to Project-Based Rental Assistance.

    Financing for the $254 million development includes $21.9 million in tax-exempt bonds, $115.7 million in State and Federal Low Income Tax Credits, and $81 million in subsidy from New York State Homes and Community Renewal (HCR). Empire State Development provided $5 million in Restore New York funding. Additional funds include: $6 million in BMHA Capital Fund Program; $1.1 million in Buffalo Community Development Block Grants; $5 million in RAD Rehab Assistance Payments; and $1.6 million in Federal 45L tax credits. The all-electric development received $1.4 million through HCR’s Clean Energy Initiative program, created in partnership with NYSERDA.

    Governor Hochul’s Housing Agenda

    Governor Hochul is dedicated to addressing New York’s housing crisis and making the State more affordable and more livable for all New Yorkers. As part of the FY25 Enacted Budget, the Governor secured a landmark agreement to increase New York’s housing supply through new tax incentives, capital funding, and new protections for renters and homeowners. Building on this commitment, the FY26 Enacted Budget includes more than $1.5 billion in new State funding for housing, a Housing Access Voucher pilot program, and new policies to improve affordability for tenants and homebuyers. These measures complement the Governor’s five-year, $25 billion Housing Plan, included in the FY23 Enacted Budget, to create or preserve 100,000 affordable homes statewide, including 10,000 with support services for vulnerable populations, plus the electrification of an additional 50,000 homes. More than 60,000 homes have been created or preserved to date.

    The FY25 and FY26 Enacted Budgets also strengthened the Governor’s Pro-Housing Community Program — which allows certified localities exclusive access to up to $750 million in discretionary State funding. Currently, more than 300 communities have received Pro Housing certification, including the city of Buffalo.

    MIL OSI USA News –

    July 2, 2025

  • MIL-OSI Security: Naugatuck Man Charged with Child Exploitation Offenses

    Source: US FBI

    David X. Sullivan, United States Attorney for the District of Connecticut, and P.J. O’Brien, Special Agent in Charge of the New Haven Division of the Federal Bureau of Investigation, today announced that SEAN SAYER, 22, of Naugatuck, has been charged by federal criminal complaint with child exploitation offenses.

    As alleged in court documents and statements made in court, on March 20, 2025, an eight-year-old boy (“the minor victim”) in Oregon contacted Sayer by text message and asked Sayer if he was @fornight_legends on TikTok.  Sayer responded affirmatively and, over the next three days, exchanged with the minor victim more than 1,300 messages in which Sayer repeatedly and aggressively demanded sexually explicit images and videos of the minor victim in exchange for playing Fortnite with him online.  The minor victim sent Sayer at least 15 videos constituting child sexual abuse material or child pornography.

    Sayer was arrested on June 18, 2025.  It is alleged that a preliminary forensic review of Sayer’s cellphone has revealed screenshots of Snapchat conversations Sayer had with dozens of additional minor victims who Sayer coerced or enticed to send him sexually explicit photos of themselves.

    Sayer appeared today for a bond hearing before U.S. Magistrate Judge Maria E. Garcia in New Haven.  He was released on a $150,000 bond into home detention with location monitoring, and is prohibited from accessing the internet and communicating with, and having contact with, minors.

    The complaint charges Sayer with production of child pornography, which carries a mandatory minimum term of imprisonment of 15 years and a maximum term of 30 years of imprisonment; coercion and enticement of a minor, which carries a mandatory minimum term of imprisonment of 10 years and a maximum term of imprisonment of life; receipt of child pornography, which carries a mandatory minimum term of imprisonment of five years and a maximum term of imprisonment of 20 years; possession of child pornography, which carries a maximum term of imprisonment of 20 years, and transfer of obscene material to a minor, which carries a maximum term of imprisonment of 10 years.

    U.S. Attorney Sullivan stressed that a complaint is only a charge and is not evidence of guilt.  Charges are only allegations, and a defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt.

    This investigation is being conducted by the FBI’s Child Exploitation Task Force, which includes federal, state, and local law enforcement agencies, with the assistance of the Eugene (Ore.) Police Department.  The case is being prosecuted by Assistant U.S. Attorney Mary G. Vitale.

    This prosecution is part of the U.S. Department of Justice’s Project Safe Childhood Initiative, which is aimed at protecting children from sexual abuse and exploitation.  For more information about Project Safe Childhood, please visit www.justice.gov/psc.

    To report cases of child exploitation, please visit www.cybertipline.com.

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI United Kingdom: New Permanent Secretary at Department for Transport 

    Source: United Kingdom – Executive Government & Departments

    News story

    New Permanent Secretary at Department for Transport 

    Jo Shanmugalingam has been appointed as the new Permanent Secretary of the Department for Transport, taking over from Bernadette Kelly

    The Cabinet Secretary, with the approval of the Prime Minister, has announced the appointment of Jo Shanmugalingam as the new Permanent Secretary of the Department for Transport (DfT).

    Jo is currently the department’s Second Permanent Secretary, and has been serving as the Interim Permanent Secretary since Bernadette Kelly stepped down last month. 

    Jo started her career at the Department for Trade and Industry and spent six years at the Shareholder Executive (now UKGI). Her previous roles include Director General for Science, Innovation and Growth at the Department of Science, Innovation and Technology, and the Department for Business, Energy & Industrial Strategy.

    She will lead the department as the government rebuilds Britain through growth and investment under the Plan for Change, transforming transport infrastructure across the country and making it easier to build new roads and railways.

    Secretary of State for Transport, Heidi Alexander, said:

    I’m delighted to have Jo appointed as Permanent Secretary for the Department for Transport. Having worked closely with her since taking up my role, I know she will provide exemplary leadership as we deliver for this government and the public. 

    I’d like to once again thank Bernadette Kelly for her many years of public service – I can think of no one better to take over the reins from Bernadette than Jo, and I look forward to working with her to deliver this government’s ambitious Plan for Change.

    Cabinet Secretary, Sir Chris Wormald, said:

    I congratulate Jo Shanmugalingam on her appointment as Permanent Secretary at the Department for Transport. Jo’s valuable experience and impressive track record in delivery make her well suited to lead the department at such an important moment of infrastructure renewal under the Plan for Change – building transport services across the country that boost opportunity and growth for working people.

    I would also like to thank Bernadette Kelly for her dedicated service over 39 years in the Civil Service, in particular for her eight years leading the Department for Transport.

    Jo Shanmugalingam said:

    I am honoured to be appointed Permanent Secretary at the Department for Transport. Transport is fundamental to everything we do, connecting people to friends and family, jobs and training. 

    As a department we have a huge part to play at this critical time in driving economic growth. I’m incredibly fortunate to continue working with the talented team in DfT and across the transport system, who I know are all just as dedicated to delivering changes that make a real difference to people’s lives.

    The appointment follows an external recruitment competition overseen by the independent Civil Service Commission.

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    Updates to this page

    Published 1 July 2025

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: £22 million to tackle waiting times in NHS Lothian

    Source: Scottish Government

    Additional funding to build on progress in clearing longest waits.

    Health Secretary Neil Gray has welcomed progress in reducing waiting lists at NHS Lothian as he confirmed the health board will be allocated an additional £22 million for the year ahead – as part of a £106 million investment across the NHS to tackle the longest waits.

    Latest figures show a 14% decrease last year in inpatient/daycase waits for all specialties at NHS Lothian – down from 26,462 at 31 March 2024 to 22,762 at 31 March 2025.

    The reduction in ongoing waits was driven by reductions in:

    • General surgery -19.6%
    • Gynaecology -20.6%
    • Orthopaedics -17.9%
    • Urology -27.9%

    On a visit to the Day Surgery Unit at the Edinburgh Royal Infirmary, the Health Secretary met with staff and patients and saw first-hand the positive impact Scottish Government investment is having on waits. The Day Surgery Unit carries out 30 – 40 scheduled procedures every day – this helps allow patients to leave for home from 2pm onwards with a focus on same day discharge.

    A huge variety of procedures are performed with patients from a mix of five specialties, including gynaecology, general surgery, vascular, neurosurgery and orthopaedics. Last year, around 4,500 procedures were carried out by the Unit.

    Mr Gray said:

    “This government is focussed on taking the action needed to cut waiting lists and we are determined to make it easier, faster and fairer for patients to get access to the treatment they need.

    “I was pleased to meet the team at the Royal Infirmary’s Day Surgery Unit who are carrying out fantastic work to help target long waits and making significant progress.  We want to build on this success and drive that improvement across Scotland – our additional investment of £106 million support this work across all health boards.

    “Figures published today show monthly A&E performance at its best since July 2023 and delayed discharge at its lowest since October 2023. Our plan to improve our NHS is working and we will build on this progress by increasing capacity and investing to tackle the longest waits to ensure patients get faster access to care.”

    Background

    £106 million to reduce waiting times – gov.scot

    Stage of treatment waiting times – Inpatients, day cases quarter ending 31 March 2025 – Publications – Public Health Scotland

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: Place de Brest to close for pipe laying

    Source: City of Plymouth

    Contractors will shortly start a key phase of the Armada Way project, which will be buried but will play a crucial role in the regeneration of the city centre.

    From Monday 7 July Place de Brest will close to the limited delivery traffic to enable deep level drainage work to get underway. Shoppers will still be able to cross Place de Brest via a specific pedestrian route.

    New pipework will be laid which will straddle the width of Armada Way connecting both sides of Cornwall Street – around 50 metres – and measure 1.5 metres across.

    The new drainage is for surface water, helping to take pressure off the combined sewage system. The work is expected to take around 14 weeks and will see trenches four metres deep dug.

    City Centre Champion Mark Lowry said: “It all sounds a bit techie but one of the key aspects of the scheme is helping to reduce the amount of unclean water that ends up in the Sound.

    “Upgrading drainage systems will futureproof this area so that when the time comes to build new homes in the city centre, the infrastructure will be better placed to cope with more demand. Anything we can do now to alleviate the pressure will pay off in the future.”

    The old drainage system is showing its age. It is a post war combined sewer system – surface and foul water – that was not designed to deal with the capacity it currently has to cope with, given the demands of modern plumbing in residential and commercial properties.

    The scheme will have a sustainable drainage system. Through a series of interventions such as rain gardens, the rill, reed beds and landscaped channels, rain and surface water is diverted away from the current drainage system. It also helps to irrigate the trees and plants.

    Other work at Place de Brest includes laying foundations and installing the appropriate cabling and infrastructure for solar panel canopies that form part of the scheme.

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI United Kingdom: New river legacy project connecting York with water, nature and climate resilience

    Source: City of York

    Published Tuesday, 1 July 2025

    Ousewem has launched a new flagship initiative in York, designed to reconnect residents with their rivers and neighbourhoods, whilst inspiring action on flood resilience and climate change.

    Building on the success of natural flood management (NFM) projects across the Swale, Ure, Nidd and Upper Ouse catchments, this new riverside route will tell the story of how communities, landscapes and local leadership are coming together to shape a more climate-resilient future.

    The project, will be co-designed with residents, schools and stakeholders, is being delivered in partnership with Innovate Educate -a creative consultancy known for embedding research, participation and place-based learning into every stage of their work.

    Councillor Jenny Kent, Executive Member for Environment and Climate Emergency at City of York Council, added:

    “This project shows our commitment to working with York communities in visible and lasting ways.

    “By telling the story of our rivers and the actions being taken to reduce flooding, we are helping people understand the value of nature-based solutions – not just in the countryside but here in the heart of the city.”

    Karen Merrifield, Director of Innovate Educate, said:

    “We believe creativity is a core part of climate resilience -not an afterthought.

    “This project is about more than signage or information, it is about co-creating something that belongs to York’s communities. From schoolchildren to heritage professionals, everyone has a part to play in imagining a future shaped by care, connection and the river itself.”

    The route will feature creative elements and educational resources, helping residents and visitors of all ages explore how nature-based solutions, land use and local action are shaping a safer, greener future for York. It will also act as a platform for partnerships that connect climate resilience with the region’s rich cultural assets – from libraries and archives to heritage schools and local artists.

    Opportunities for sponsorship may also be explored, supporting further investment in climate resilience and nature recovery across York and North Yorkshire. Just as rivers connect places upstream and downstream, this project links people across the catchment – from rural landowners to city residents – in a shared effort to live better with water.

    Early engagement will begin this summer, with schools, community groups and partners invited to shape how the story of York’s rivers is shared.

    MIL OSI United Kingdom –

    July 2, 2025

  • MIL-OSI USA: Statement of Commissioner Kristin N. Johnson Regarding CFTC Settlement with LJM Funds Management Ltd.

    Source: US Commodity Futures Trading Commission

    Today, the Commodity Futures Trading Commission (Commission or CFTC) and the Securities Exchange Commission (SEC) announced settlement agreements with LJM Funds Management Ltd., LJM Partners Ltd. (together with LJM Funds Management Ltd., LJM), Anthony J. Caine (Caine), and Anish Parvataneni (collectively, Defendants). As described in the Complaint,[1] the Defendants violated multiple provisions of the Commodity Exchange Act (CEA) and the Commission’s Regulations by engaging in deceptive and manipulative practices in connection with transactions involving commodities over an extended period of time.[2]
    As stated more comprehensively in the Complaint, Defendants’ violations of the CEA and Regulations were rooted in deceptive and manipulative practices.[3] Defendants made intentional and reckless decisions to make false or misleading statements when describing their risk management practices to prospective and existing commodity pool participants.[4] In doing so, Defendants significantly downplayed worst-case losses by stating they were, in the most aggressive analysis, capped at 40%, when internal emails show that one of LJM’s controlling persons, Caine, knew that losses could reach 100%.[5] Further, Defendants advertised that their risk management included historical analysis when their risk management did not, committing a series of acts which put investors’ hard-earned funds at levels of risk they were not adequately informed of.[6] 
    Further, Defendants continuously misled investors about the risk profile of its portfolio over the course of two years by maintaining that its risks remained consistent with historical practices.[7] Instead, Defendants’ risk profile had significantly deviated from their traditional norms and nearly doubled the size of potential losses associated with a significant drop in the S&P and an upward spike in volatility – which is exactly what happened. None of these changes were disclosed to investors and, eventually, it was the investors who paid the price, suffering substantial losses due to the Defendants’ conduct as LJM collapsed.
    Careful risk management enables market participants to detect and address the kinds of volatility that led to LJM’s collapse. Effective risk management oversight enhances the integrity and stability of global derivatives markets.
    Where risk management fails or is completely neglected, we must endeavor through enforcement actions to achieve greater accountability, reduce repeated compliance failures through both general and specific deterrence,[8] and enable the Commission to maximize the use of limited resources.
    LJM’s Implosion
    In late 2017, Defendants knew that LJM’s portfolio risk was increasing and that their investment strategies left investor assets vulnerable to a market move. Defendants were also aware that the risk profiles for certain of their investment strategies were becoming increasingly risky but made no efforts to reduce the risk levels of their investment strategies or disclose to investors that their risk of loss was skyrocketing. Instead of telling investors the truth and revealing the risks that investors faced, Defendants intentionally misrepresented the rising risk levels that threatened investors’ assets. 
    LJM’s high-risk investment strategies imploded on February 5-6, 2018, when the Chicago Board Options Exchange (CBOE) Volatility Index (VIX) spiked more than 20 points. LJM lost almost $1 billion in customer assets and LJM shuttered its doors. 
    Deterring Deceptive and Manipulative Practices
    LJM intentionally deceived commodity pool and mutual fund investors. The penalties imposed should reflect our commitment to protecting investors and serve to deter future misconduct by the Defendants and dissuade any future bad actors from electing to deceive investors by misrepresenting risk levels associated with their investment strategies.
    Many hard-working investors who suffered significant losses as a result of LJM’s misrepresentations may question whether today’s settlement achieves these goals. I continue to have questions regarding the Commission’s calculation of civil monetary penalties, particularly in enforcement matters that involve intentional, willful deception of vulnerable investors. I have previously raised my concerns regarding the methodology for calculating civil monetary penalties and urged CFTC staff leadership and my fellow Commissioners to provide greater clarity and transparency regarding the Commission’s civil monetary penalty calculation methodology. In addition, I have consistently questioned the impact of lower penalties. Reduced penalties may not achieve deterrence, which is a foundational goal of our enforcement regime. 
    It has been suggested that we can distinguish the poor risk management decisions at LJM from a sham business that was created solely for the purpose of separating unwitting investors from their money. I disagree. Investors in LJM’s commodity pools and mutual funds selected their investment based on what was represented to them as a lower risk profile. Defendants’ choice to then expose investors’ assets to excessive risk levels violated the compact of trust and confidence that the investors had with LJM. Even if the risk management decisions could be excused, the affirmative acts of deception should not be overlooked. 
    Promoting Customer Protection Through Disclosure and Supervision
    If our mission is to protect investors from the devastating effects of fraud, the businesses that set out to engage in fraud cannot be distinguished from those that start out well-intentioned but later adopt deception as a mantra. A well-heeled firm that has gained the public’s trust and confidence by demonstrating the ability to operate in accordance with the rigorous compliance and reporting obligations of U.S. financial markets regulation that later transforms into a vehicle of garden-variety fraud is, perhaps, more concerning than the fly-by-night fraudster selling snake-oil from the trunk of his car. 
    Disclosure has served as a foundation in U.S. financial markets regulation for almost a century for a reason. Creating sunlight in contexts where conflicts of interest and asymmetries of information flourish in the shadows is one of most time-tested means of protecting customers, preserving investor capital, and fostering healthy markets.   
    Moreover, supervision is a cornerstone of customer protection. From its inception in the 1970s, the Commission has emphasized that supervision is a linchpin in our regulatory framework. Under Regulation 166.3, each Commission registrant “must diligently supervise the handling by its partners, officers, employees and agents (or persons occupying a similar status or performing a similar function) of all commodity interest accounts carried, operated, advised or introduced by the registrant and all other activities of its partners, officers, employees and agents (or persons occupying a similar status or performing a similar function) relating to its business as a Commission registrant.”[9] 
    I commend the Division staff who investigated and resolved this case and worked with the SEC on a parallel case.

    [1] Complaint, CFTC v. LJM Funds Management Ltd, et al., No. 1:21-cv-02863 (N. D. Ill. May 25, 2021), ECF No. 1 (Complaint).

    [2] Complaint ¶¶ 95-112.

    [3] Id. The deceptive and manipulative practices and failure to supervise described in the Complaint violated Sections 4o(1)(A)-(B); 4c(b); and 6(c)(1) of the CEA and Regulations 33.10, 180.1(a), and 166.3. 

    [4] Specifically, Section 4o(1)(A)-(B) of the CEA states that it is unlawful for a commodity pool operator (CPO) or a commodity trading advisor (CTA) to “employ any device, scheme, or artifice to defraud any client or pool participant or prospective pool participant.” 7 U.S.C. § 6o(1)(A)-(B). Section 4c(b) of the CEA and Regulation 33.10 make it unlawful for a person to enter into a transaction that involves any commodity regulated under the CEA known as an “option” contrary to any other rule or regulation of the Commission which would prohibit such transaction and makes it unlawful to directly or indirectly cheat, defraud, or deceive any other person in connection with such transactions. 7 U.S.C. § 6c(b); 17 C.F.R. § 33.10. Further, Section 6(c)(1) of the CEA makes it unlawful to use “any manipulative or deceptive device, in contravention of such rules and regulations as the Commission shall promulgate” in connection with the contract of sale of commodity or future delivery of a commodity in interstate commerce. 7 U.S.C. § 9(1); see also 17 C.F.R. § 180.1(a).

    [5] Complaint ¶¶ 46-79. In an internal email, Caine admitted “In extreme cases, theoretically we model to 100% loss.” Complaint ¶ 55.

    [7] Complaint ¶¶ 71-79.

    [8] References to general deterrence describe the effect on the general public of observing consequences of compliance failures or misconduct and the impact of such observations on their future conduct. Specific deterrence refers to the impact of a consequence on the future behavior or conduct of a party that has engaged in conduct that leads to a penalty.

    [9] 17 C.F.R. § 166.3. See also Adoption of Customer Protection Rules, 43 Fed. Reg. 31886, 31889 (July 24, 1978)(“the basic purpose of the rule is to protect customers by ensuring that their dealings with the employees of Commission registrants will be reviewed by other officials in the firm.”).

    MIL OSI USA News –

    July 2, 2025

  • MIL-OSI: Jean Barbagelata Joins Tech CU’s Board of Directors

    Source: GlobeNewswire (MIL-OSI)

    SAN JOSE, Calif., July 01, 2025 (GLOBE NEWSWIRE) — Today, Tech CU (Technology Credit Union) announced the appointment of Jean Barbagelata to its Board of Directors, serving on both the Compensation Committee and the Nominating and Governance Committee. With more than 30 years of experience in senior leadership roles, Jean brings deep expertise in scaling technology companies, guiding organizational governance, and fostering inclusive, high-performance cultures.

    “We’re thrilled to welcome Jean to our Board of Directors,” said Todd Harris, CEO of Tech CU. “Her experience building and leading high-performing teams at both Fortune 500 companies and innovative startups adds an important perspective to our board.”

    Jean most recently served as Chief People Officer at Matterport, Inc. (NASDAQ: MTTR), where she was part of the executive team that grew revenue by 400% and led the company through its initial public offering in 2021. Prior to that, she held the same position at The RealReal (NASDAQ: REAL) and senior leadership roles at Salesforce and Gap Inc.

    Throughout her career, Jean has helped guide companies through major inflection points by aligning talent strategy with business goals, championing equity and inclusion, and building enduring leadership teams. She is also passionate about the responsible use of technology to expand financial access and create long-term value.

    She holds a bachelor’s degree in business and retailing from the University of Wisconsin-Madison.

    About Tech CU
    Tech CU is a $4.7 billion Bay Area credit union. As a federally insured not-for-profit organization, Tech CU has invested its resources to deliver superior rates, lower fees, and outstanding service and member benefits for more than 60 years while also supporting quality of life in local communities. It serves more than 200,000 members throughout the United States and provides financial products for all stages of its members’ lives, including personal banking, wealth management, private banking, commercial lending, and business banking. To learn more, please visit www.techcu.com.

    Contact:
    Linden Kohtz
    Public Relations, Tech CU
    lkohtz@techcu.com

    The MIL Network –

    July 2, 2025

  • MIL-OSI: Euronext statement regarding recent press speculations

    Source: GlobeNewswire (MIL-OSI)

    Euronext statement regarding recent press speculations

    Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris – 1 July 2025 – Euronext notes recent speculations. Euronext confirms that it has entered into discussions with the board of directors of HELLENIC EXCHANGES-ATHENS STOCK EXCHANGE S.A. (“ATHEX”), the Greek capital markets operator, about a possible offer to acquire up to 100% of the shares of ATHEX. This potential offer would be structured as a share exchange valuing ATHEX at €6.90 per share, leading to a fixed conversion rate of 21.029 ATHEX ordinary shares for each new Euronext share. Based on Euronext’s share price of €145.10 as of 30 June 2025, the potential offer would value the entire issued and to be issued ordinary share capital1 of ATHEX at €399 million on a fully diluted basis. The submission of an offer would be subject notably to due diligence.

    As the leading European market infrastructure, Euronext is positioned as the backbone of the European Savings and Investments Union, in the context of a growing need to enhance the European Union’s global competitiveness. A potential combination with ATHEX would deliver on Euronext’s ambition to consolidate European capital markets with growth and synergy opportunities. The combined Group would foster the harmonization of European capital markets, running on a unified trading and post-trade technology and operating on a cross-border clearing framework.

    Euronext is the largest liquidity pool in Europe, managing approximately 25% of cash equity trading activity in Europe and operating markets in major financial hubs such as Amsterdam, Brussels, Dublin, Lisbon, Milan, Oslo and Paris. A potential combination would allow Greek financial markets participants to join a network of over 1,800 listed companies with a combined market capitalisation exceeding €6 trillion. Euronext’s unique track record of integrating market infrastructures positions it ideally to boost the development and attractivity of Greek markets internationally and to generate efficiencies and competitiveness across the Group.

    The interest of Euronext for ATHEX reflects the strong confidence of Euronext in the development of the Greek economy and the growth potential coming from further integration of Greek capital markets into the Eurozone and the European Union. There can be no certainty, at this stage, that this would result in any agreement or transaction nor any offer being made. Euronext confirms that it will stick to its financial discipline and investment criteria policy as defined in its strategic plan. Euronext will communicate material information, if any, in due course.

    CONTACTS – EURONEXT

    ANALYSTS & INVESTORS – ir@euronext.com

    Investor Relations        Aurélie Cohen         +33 6 85 99 86 76         

            Judith Stein             +33 6 15 23 91 97          

    MEDIA – mediateam@euronext.com 

    Europe        Aurélie Cohen         +33 1 70 48 24 45   

            Andrea Monzani         +39 02 72 42 62 13 

    Belgium        Marianne Aalders         +32 26 20 15 01                 

    France, Corporate        Flavio Bornancin-Tomasella        +33 1 70 48 24 45                 

    Ireland        Andrea Monzani         +39 02 72 42 62 13                 

    Italy         Ester Russom         +39 02 72 42 67 56                 

    The Netherlands        Marianne Aalders         +31 20 721 41 33                 

    Norway         Cathrine Lorvik Segerlund        +47 41 69 59 10                 

    Portugal         Sandra Machado        +351 91 777 68 97                

    GREECE – V+O Communication

    ao@vando.gr        Argyro Oikonomou        +30 6936026335

    ia@vando.gr        Ioanna Alexopoulou        +30 6977403050           

    About Euronext  

    Euronext is the leading European capital market infrastructure, covering the entire capital markets value chain, from listing, trading, clearing, settlement and custody, to solutions for issuers and investors. Euronext runs MTS, one of Europe’s leading electronic fixed income trading markets, and Nord Pool, the European power market. Euronext also provides clearing and settlement services through Euronext Clearing and its Euronext Securities CSDs in Denmark, Italy, Norway and Portugal.

    As of March 2025, Euronext’s regulated exchanges in Belgium, France, Ireland, Italy, the Netherlands, Norway and Portugal host nearly 1,800 listed issuers with €6.3 trillion in market capitalisation, a strong blue-chip franchise and the largest global centre for debt and fund listings. With a diverse domestic and international client base, Euronext handles 25% of European lit equity trading. Its products include equities, FX, ETFs, bonds, derivatives, commodities and indices. For the latest news, go to euronext.com or follow us on X and LinkedIn.

    Disclaimer

    This press release is for information purposes only: it is not a recommendation to engage in investment activities and is provided “as is”, without representation or warranty of any kind. While all reasonable care has been taken to ensure the accuracy of the content, Euronext does not guarantee its accuracy or completeness. Euronext will not be held liable for any loss or damages of any nature ensuing from using, trusting or acting on information provided. No information set out or referred to in this publication may be regarded as creating any right or obligation. The creation of rights and obligations in respect of financial products that are traded on the exchanges operated by Euronext’s subsidiaries shall depend solely on the applicable rules of the market operator. All proprietary rights and interest in or connected with this publication shall vest in Euronext. This press release speaks only as of this date. Euronext refers to Euronext N.V. and its affiliates. Information regarding trademarks and intellectual property rights of Euronext is available at www.euronext.com/terms-use.

    © 2025, Euronext N.V. – All rights reserved. 

    The Euronext Group processes your personal data in order to provide you with information about Euronext (the “Purpose”). With regard to the processing of this personal data, Euronext will comply with its obligations under Regulation (EU) 2016/679 of the European Parliament and Council of 27 April 2016 (General Data Protection Regulation, “GDPR”), and any applicable national laws, rules and regulations implementing the GDPR, as provided in its privacy statement available at: www.euronext.com/privacy-policy. In accordance with the applicable legislation you have rights with regard to the processing of your personal data: for more information on your rights, please refer to: www.euronext.com/data_subjects_rights_request_information. To make a request regarding the processing of your data or to unsubscribe from this press release service, please use our data subject request form at connect2.euronext.com/form/data-subjects-rights-request or email our Data Protection Officer at dpo@euronext.com.

    1 Based on a total number of shares as at 30 June 2025 of 57,850,000, which exclude the number of treasury shares of 2,498,000

    Attachment

    • 20250701_Euronext statement

    The MIL Network –

    July 2, 2025

  • MIL-OSI: FirstBank’s Cube Hunt Campaign Surprises Communities and Supports Small Businesses

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, Colo., July 01, 2025 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” is bringing a wave of excitement to Colorado this summer with its “our cube means business” campaign.

    From July 11 through September 5, Coloradans will be provided hints and urged to keep their eyes peeled for the bank’s signature orange cube at select businesses and storefronts across the foothills every Friday. Each surprise event will feature exclusive giveaways, major discounts, and other fun items, all first come, first served.

    The initiative aims to not only spotlight and support local businesses but also create uplifting community moments that reflect FirstBank’s core values. Bank representatives will be on-site each week to hand out giveaways and connect with attendees.

    “Our goal is to celebrate and strengthen small businesses while fostering a sense of community in a fun and memorable way,” said Kevin Classen, CEO of FirstBank. “Whether someone leaves with a generous gift card or discovers a new neighborhood favorite, everyone benefits—and that’s something to feel good about.”

    To keep things exciting, the featured business locations will remain a mystery until the day before each event, with clues revealed on FirstBank’s Instagram, Facebook, and efirstbank.com/cube every Thursday.

    The campaign encourages the community to follow along, join the fun, and discover hidden gems right in their backyard.

    Event Details:

    • What: “Our cube means business” pop-up events.
    • When: Every Friday from July 11 to September 5, 2025.
    • Where: Locations announced on Thursdays on FirstBank social media and efirstbank.com/cube. 
    • Why: To support small businesses and surprise attendees with exclusive giveaways.
    • Note: Events are first come, first served while supplies last. No purchase necessary.

    To learn more about the event, visit efirstbank.com/cube. 

    About FirstBank
    FirstBank began providing banking services in 1963. Today, it’s known as an industry leader in digital banking. It has grown to be one of the top-performing and largest privately held banks in the United States. FirstBank offers a variety of consumer deposit accounts, home equity loans, mortgages, rental property loans, and a full range of commercial banking services, including business financing, commercial real estate loans, treasury management, and more. Since 2000, FirstBank has been recognized as a top corporate philanthropist, contributing more than $90 million and thousands of volunteer hours to charitable organizations. The company is also unique in that a large portion of its stock is owned by management and employees, giving employees a financial stake in the bank’s success through its Employee Stock Ownership Program. For more information, visit www.efirstbank.com. Member FDIC.

    Media Contact
    Cody Wheeler
    (303) 228-6986 x 148

    The MIL Network –

    July 2, 2025

  • MIL-OSI: FirstBank’s Cube Hunt Campaign Surprises Communities and Supports Small Businesses

    Source: GlobeNewswire (MIL-OSI)

    LAKEWOOD, Colo., July 01, 2025 (GLOBE NEWSWIRE) — FirstBank, one of the nation’s largest privately held banks with a focus on “banking for good,” is bringing a wave of excitement to Colorado this summer with its “our cube means business” campaign.

    From July 11 through September 5, Coloradans will be provided hints and urged to keep their eyes peeled for the bank’s signature orange cube at select businesses and storefronts across the foothills every Friday. Each surprise event will feature exclusive giveaways, major discounts, and other fun items, all first come, first served.

    The initiative aims to not only spotlight and support local businesses but also create uplifting community moments that reflect FirstBank’s core values. Bank representatives will be on-site each week to hand out giveaways and connect with attendees.

    “Our goal is to celebrate and strengthen small businesses while fostering a sense of community in a fun and memorable way,” said Kevin Classen, CEO of FirstBank. “Whether someone leaves with a generous gift card or discovers a new neighborhood favorite, everyone benefits—and that’s something to feel good about.”

    To keep things exciting, the featured business locations will remain a mystery until the day before each event, with clues revealed on FirstBank’s Instagram, Facebook, and efirstbank.com/cube every Thursday.

    The campaign encourages the community to follow along, join the fun, and discover hidden gems right in their backyard.

    Event Details:

    • What: “Our cube means business” pop-up events.
    • When: Every Friday from July 11 to September 5, 2025.
    • Where: Locations announced on Thursdays on FirstBank social media and efirstbank.com/cube. 
    • Why: To support small businesses and surprise attendees with exclusive giveaways.
    • Note: Events are first come, first served while supplies last. No purchase necessary.

    To learn more about the event, visit efirstbank.com/cube. 

    About FirstBank
    FirstBank began providing banking services in 1963. Today, it’s known as an industry leader in digital banking. It has grown to be one of the top-performing and largest privately held banks in the United States. FirstBank offers a variety of consumer deposit accounts, home equity loans, mortgages, rental property loans, and a full range of commercial banking services, including business financing, commercial real estate loans, treasury management, and more. Since 2000, FirstBank has been recognized as a top corporate philanthropist, contributing more than $90 million and thousands of volunteer hours to charitable organizations. The company is also unique in that a large portion of its stock is owned by management and employees, giving employees a financial stake in the bank’s success through its Employee Stock Ownership Program. For more information, visit www.efirstbank.com. Member FDIC.

    Media Contact
    Cody Wheeler
    (303) 228-6986 x 148

    The MIL Network –

    July 2, 2025

  • MIL-OSI Economics: 5 ways AI is supercharging research in financial services

    Source: Microsoft

    Headline: 5 ways AI is supercharging research in financial services

    As the capital markets industry has expanded both in scope and complexity, research has only become more essential. Since the late twentieth century, globalization, specialization, and increasingly complex regulatory frameworks have all elevated research from an interesting competitive differentiator to a competitive imperative. Now, with the application of increasingly powerful AI solutions, research is poised to become the defining factor in determining winners and losers in a rapidly shifting landscape.  

    At Microsoft, we develop highly tailored, long-term technology partnerships with financial services firms around the world. Increasingly, this includes co-innovating with AI to help unlock new business value and deepen customer relationships. At present, enhancing research and analytics with AI is one of the primary transformation levers for investment banks, asset management firms, and financial data and analytics providers. In many cases, it is helping to solve longstanding challenges around deriving greater value from data and rapidly converting insights into competitive advantage. 

    Explore AI solutions with Microsoft for financial services

    Realizing the promise of data-driven research through AI 

    AI is rapidly changing the nature and value of advanced analytics in research. Traditional analytics have long helped firms understand what happened and why—but AI is helping them predict what will happen next and prescribe optimal courses of action in real time.

    This shift from retrospective analysis to proactive intelligence can help firms unlock new sources of value and ultimately develop groundbreaking new products that redefine the competitive landscape. 

    As innovative firms recognize the potential of AI, they also see the opportunity to address longstanding challenges that hinder effective research. Among these:  

    • Data overload and complexity
      Financial markets are inundated with massive volumes of data from diverse, often siloed sources that can be difficult to integrate and synthesize. This makes it hard to access the right data at the right time, which can slow decision-making and heighten risk. As data requirements become more complex, solutions are needed that can unify, structure, and analyze data at scale to deliver timely, actionable insights.
    • Fragmented workflows across user journeys
      Research analysts frequently struggle to navigate large volumes of disparate data housed in disconnected systems, tools, and formats, leading to time-consuming manual data compilation and synthesis. The increase in non-integrated tools, applications, and data structures disrupts business workflows and can lead to inefficiencies, duplication of effort, errors of omission, and delays in decision-making.
    • Dependency on traditional data sources
      Many firms and analysts rely heavily on conventional market reference data, company fundamentals, industry reports, and databases, which often lack real-time insights and limit the speed and accuracy of market predictions. As new opportunities arise, firms need solutions that can extract more value out of existing sources while also making it easy to incorporate alternative and real-time sources—enhancing both predictive accuracy and responsiveness to market shifts.
    • Information overload and time constraints
      Research and analyst professionals are always challenged to keep up with reports, emails, meetings, and chats. The overload tends to slow decision-making and increases the risk of missed opportunities. Stringent regulatory compliance requirements add additional demands.  

    Five ways AI redefines the value of research in financial services 

    AI gives financial services firms new solutions to these longstanding barriers and opportunities to use data in new ways that can differentiate their offerings. Here are five important areas where AI can change the game: 

    1. Advance analysis with AI-powered analytics 

    AI-powered analytics empower research analysts to cut through the noise of information overload and extract valuable insights with unprecedented speed and precision. The combination of AI with predictive analytics empowers researchers to analyze historical patterns more deeply, identify emerging trends, and make more informed investment decisions. This can ultimately help to improve engagement and win rates. 

    A prime example of this is our partnership with Moody’s where we co-developed innovative solutions for research and risk assessment. Moody’s Research Assistant significantly increases productivity and effectiveness, with users reporting up to 80% time savings on data collection and 50% on analysis during the pilot phase.1  

    2. Accelerate operational efficiency through intelligent automation 

    Traditional research processes—such as manual data compilation, synthesis, and report generation—are time-consuming and error-prone. AI-powered automation transforms them by integrating data sources, automating repetitive tasks, and promoting seamless collaboration across teams, which results in faster turnaround times, reduced operational costs, and improved operational efficiency.  

    With tools like Microsoft Copilot, Researcher agent, and Analyst agent, firms can significantly boost productivity and operational efficiency. These AI-powered assistants can handle such tasks as summarizing investor reports and earnings calls, creating presentation-ready visualizations from raw data, and drafting research documents and client-ready insights quickly. This frees up valuable time for analysts to focus on higher-value activities, such as strategic analysis and client engagement. 

    3. Deliver real-time insights 

    To help meet the accelerating pace of business, AI-powered applications empower financial services firms to surface real-time insights from a variety of sources including market news, earnings reports, and social media.  

    Bridging knowledge across platforms helps analysts identify emerging trends faster and develop better investment strategies. For example, AI can continuously monitor global news sources and sentiment signals to identify early indicators of market shifts and potential disruptions. Firms can then use this information to react swiftly and make proactive investment decisions ahead of competitors. 

    Firms can build new AI-powered solutions that incorporate real-time data into advanced searches, personalization, and recommendations, using innovations like the powerful vector database built by KX—essentially, a specialized system that understands the meaning and context of a huge set of data types such as text, images, or PDFs. It aims to help financial institutions seize opportunities faster by turning real-time data into real-time action. 

    4. Empower employees with high-value experiences 

    AI-powered tools can transform how financial services professionals work with tools and solutions that support the most critical research functions, such as financial modeling and pitchbook preparation. Processes can be significantly streamlined while remaining interoperable, secure, and compliant.  

    A good example of this is the innovation resulting from our long-term strategic partnership with LSEG (London Stock Exchange Group) to transform data with next-generation productivity and analytics solutions. One recent advancement is the launch of the LSEG Workspace Add-in, which integrates AI-powered insights into Excel and PowerPoint. With features like contextual data discovery and interactive charting, the add-in can help financial professionals work faster and more insightfully. 

    Reducing the burden of manual tasks can also help boost job satisfaction. The integration of AI into daily workflows helps people focus on more intellectually stimulating activities, freeing up time for higher-value analysis and strategic thinking, and helping to attract and retain top talent. 

    5. Deepen market understanding 

    AI-powered analytics are transforming how analysts understand markets and convert insights into action. By processing vast amounts of financial data in real-time, AI can uncover complex patterns and correlations that were previously undetectable, such as market sentiment from news articles and social media or a real-time pulse on investor sentiment or market dynamics. Machine learning models can predict stock price movements with greater accuracy by integrating diverse data sources, including economic indicators and company performance metrics. 

    A richer view of market forces and dynamics translates into better decision-making and sharper investment strategies. It helps firms anticipate emerging risks and opportunities sooner, enabling them to respond faster and more confidently in an increasingly volatile market landscape. 

    Now is the time for agentic AI 

    A new class of AI tools will soon deliver the ability to plan, reason, and take actions to achieve goals. In financial services, they will be able to gather, analyze, and contextualize information autonomously from diverse sources and proactively surface relevant insights—or even suggest strategic actions based on real-time developments. 

    On the near horizon, advanced “orchestrator” agents will focus on new capabilities in distinct functional areas such as market intelligence, data aggregation, strategy simulation, reporting, and compliance. This holds the potential for powerful competitive advantages, helping analysts to stay ahead of market shifts, make more accurate predictions, and deliver higher-impact recommendations. 

    Learn more 

    Microsoft for financial services

    Unlock business value and deepen customer relationships in the era of AI

    1 Moody’s Investor Relations, “Moody’s Launches Moody’s Research Assistant,” December 2023.

    Andrew Comas

    Director of Business Strategy, Microsoft

    Andrew Comas is Director of Business Strategy at Microsoft, driving strategic initiatives and cross-functional alignment across Financial Services and Industry (FSI) sectors. With deep expertise in capital markets and digital transformation, Andrew partners closely with senior leadership to shape go-to-market priorities and accelerate innovation. He is passionate about translating complex business needs into actionable strategies that deliver measurable impact and long-term value.

    See more articles from this author

    Claudia Hauser

    Worldwide Wealth Management & Capital Markets Solutions Lead, Microsoft Financial Services

    Claudia Hauser is Director at Microsoft Worldwide Financial Services, leading global scale solutions for Capital Markets and Wealth Management. With over 25 years of experience in financial services and technology, she brings deep industry expertise, leadership, and a strong track record in customer engagement and partner strategy. Claudia is passionate about aligning business needs with innovative solutions to drive transformation and deliver value across the financial services ecosystem.

    See more articles from this author

    MIL OSI Economics –

    July 2, 2025

  • MIL-OSI Economics: 5 ways AI is supercharging research in financial services

    Source: Microsoft

    Headline: 5 ways AI is supercharging research in financial services

    As the capital markets industry has expanded both in scope and complexity, research has only become more essential. Since the late twentieth century, globalization, specialization, and increasingly complex regulatory frameworks have all elevated research from an interesting competitive differentiator to a competitive imperative. Now, with the application of increasingly powerful AI solutions, research is poised to become the defining factor in determining winners and losers in a rapidly shifting landscape.  

    At Microsoft, we develop highly tailored, long-term technology partnerships with financial services firms around the world. Increasingly, this includes co-innovating with AI to help unlock new business value and deepen customer relationships. At present, enhancing research and analytics with AI is one of the primary transformation levers for investment banks, asset management firms, and financial data and analytics providers. In many cases, it is helping to solve longstanding challenges around deriving greater value from data and rapidly converting insights into competitive advantage. 

    Explore AI solutions with Microsoft for financial services

    Realizing the promise of data-driven research through AI 

    AI is rapidly changing the nature and value of advanced analytics in research. Traditional analytics have long helped firms understand what happened and why—but AI is helping them predict what will happen next and prescribe optimal courses of action in real time.

    This shift from retrospective analysis to proactive intelligence can help firms unlock new sources of value and ultimately develop groundbreaking new products that redefine the competitive landscape. 

    As innovative firms recognize the potential of AI, they also see the opportunity to address longstanding challenges that hinder effective research. Among these:  

    • Data overload and complexity
      Financial markets are inundated with massive volumes of data from diverse, often siloed sources that can be difficult to integrate and synthesize. This makes it hard to access the right data at the right time, which can slow decision-making and heighten risk. As data requirements become more complex, solutions are needed that can unify, structure, and analyze data at scale to deliver timely, actionable insights.
    • Fragmented workflows across user journeys
      Research analysts frequently struggle to navigate large volumes of disparate data housed in disconnected systems, tools, and formats, leading to time-consuming manual data compilation and synthesis. The increase in non-integrated tools, applications, and data structures disrupts business workflows and can lead to inefficiencies, duplication of effort, errors of omission, and delays in decision-making.
    • Dependency on traditional data sources
      Many firms and analysts rely heavily on conventional market reference data, company fundamentals, industry reports, and databases, which often lack real-time insights and limit the speed and accuracy of market predictions. As new opportunities arise, firms need solutions that can extract more value out of existing sources while also making it easy to incorporate alternative and real-time sources—enhancing both predictive accuracy and responsiveness to market shifts.
    • Information overload and time constraints
      Research and analyst professionals are always challenged to keep up with reports, emails, meetings, and chats. The overload tends to slow decision-making and increases the risk of missed opportunities. Stringent regulatory compliance requirements add additional demands.  

    Five ways AI redefines the value of research in financial services 

    AI gives financial services firms new solutions to these longstanding barriers and opportunities to use data in new ways that can differentiate their offerings. Here are five important areas where AI can change the game: 

    1. Advance analysis with AI-powered analytics 

    AI-powered analytics empower research analysts to cut through the noise of information overload and extract valuable insights with unprecedented speed and precision. The combination of AI with predictive analytics empowers researchers to analyze historical patterns more deeply, identify emerging trends, and make more informed investment decisions. This can ultimately help to improve engagement and win rates. 

    A prime example of this is our partnership with Moody’s where we co-developed innovative solutions for research and risk assessment. Moody’s Research Assistant significantly increases productivity and effectiveness, with users reporting up to 80% time savings on data collection and 50% on analysis during the pilot phase.1  

    2. Accelerate operational efficiency through intelligent automation 

    Traditional research processes—such as manual data compilation, synthesis, and report generation—are time-consuming and error-prone. AI-powered automation transforms them by integrating data sources, automating repetitive tasks, and promoting seamless collaboration across teams, which results in faster turnaround times, reduced operational costs, and improved operational efficiency.  

    With tools like Microsoft Copilot, Researcher agent, and Analyst agent, firms can significantly boost productivity and operational efficiency. These AI-powered assistants can handle such tasks as summarizing investor reports and earnings calls, creating presentation-ready visualizations from raw data, and drafting research documents and client-ready insights quickly. This frees up valuable time for analysts to focus on higher-value activities, such as strategic analysis and client engagement. 

    3. Deliver real-time insights 

    To help meet the accelerating pace of business, AI-powered applications empower financial services firms to surface real-time insights from a variety of sources including market news, earnings reports, and social media.  

    Bridging knowledge across platforms helps analysts identify emerging trends faster and develop better investment strategies. For example, AI can continuously monitor global news sources and sentiment signals to identify early indicators of market shifts and potential disruptions. Firms can then use this information to react swiftly and make proactive investment decisions ahead of competitors. 

    Firms can build new AI-powered solutions that incorporate real-time data into advanced searches, personalization, and recommendations, using innovations like the powerful vector database built by KX—essentially, a specialized system that understands the meaning and context of a huge set of data types such as text, images, or PDFs. It aims to help financial institutions seize opportunities faster by turning real-time data into real-time action. 

    4. Empower employees with high-value experiences 

    AI-powered tools can transform how financial services professionals work with tools and solutions that support the most critical research functions, such as financial modeling and pitchbook preparation. Processes can be significantly streamlined while remaining interoperable, secure, and compliant.  

    A good example of this is the innovation resulting from our long-term strategic partnership with LSEG (London Stock Exchange Group) to transform data with next-generation productivity and analytics solutions. One recent advancement is the launch of the LSEG Workspace Add-in, which integrates AI-powered insights into Excel and PowerPoint. With features like contextual data discovery and interactive charting, the add-in can help financial professionals work faster and more insightfully. 

    Reducing the burden of manual tasks can also help boost job satisfaction. The integration of AI into daily workflows helps people focus on more intellectually stimulating activities, freeing up time for higher-value analysis and strategic thinking, and helping to attract and retain top talent. 

    5. Deepen market understanding 

    AI-powered analytics are transforming how analysts understand markets and convert insights into action. By processing vast amounts of financial data in real-time, AI can uncover complex patterns and correlations that were previously undetectable, such as market sentiment from news articles and social media or a real-time pulse on investor sentiment or market dynamics. Machine learning models can predict stock price movements with greater accuracy by integrating diverse data sources, including economic indicators and company performance metrics. 

    A richer view of market forces and dynamics translates into better decision-making and sharper investment strategies. It helps firms anticipate emerging risks and opportunities sooner, enabling them to respond faster and more confidently in an increasingly volatile market landscape. 

    Now is the time for agentic AI 

    A new class of AI tools will soon deliver the ability to plan, reason, and take actions to achieve goals. In financial services, they will be able to gather, analyze, and contextualize information autonomously from diverse sources and proactively surface relevant insights—or even suggest strategic actions based on real-time developments. 

    On the near horizon, advanced “orchestrator” agents will focus on new capabilities in distinct functional areas such as market intelligence, data aggregation, strategy simulation, reporting, and compliance. This holds the potential for powerful competitive advantages, helping analysts to stay ahead of market shifts, make more accurate predictions, and deliver higher-impact recommendations. 

    Learn more 

    Microsoft for financial services

    Unlock business value and deepen customer relationships in the era of AI

    1 Moody’s Investor Relations, “Moody’s Launches Moody’s Research Assistant,” December 2023.

    Andrew Comas

    Director of Business Strategy, Microsoft

    Andrew Comas is Director of Business Strategy at Microsoft, driving strategic initiatives and cross-functional alignment across Financial Services and Industry (FSI) sectors. With deep expertise in capital markets and digital transformation, Andrew partners closely with senior leadership to shape go-to-market priorities and accelerate innovation. He is passionate about translating complex business needs into actionable strategies that deliver measurable impact and long-term value.

    See more articles from this author

    Claudia Hauser

    Worldwide Wealth Management & Capital Markets Solutions Lead, Microsoft Financial Services

    Claudia Hauser is Director at Microsoft Worldwide Financial Services, leading global scale solutions for Capital Markets and Wealth Management. With over 25 years of experience in financial services and technology, she brings deep industry expertise, leadership, and a strong track record in customer engagement and partner strategy. Claudia is passionate about aligning business needs with innovative solutions to drive transformation and deliver value across the financial services ecosystem.

    See more articles from this author

    MIL OSI Economics –

    July 2, 2025

  • MIL-OSI Russia: 3 people killed, 35 hospitalized after drone attack on Izhevsk — head of Udmurtia A. Brechalov

    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

    Moscow, July 1 /Xinhua/ — Three people were killed and 35 others were hospitalized, including 10 in serious condition, after unmanned aerial vehicles /UAVs/ of the Armed Forces of Ukraine /AFU/ attacked an enterprise in Izhevsk, the head of Russia’s Udmurt Republic Alexander Brechalov said on Tuesday.

    “I visited the victims in the hospital – at the moment, 35 people are hospitalized, 10 of them are in serious condition. Our doctors are providing assistance to everyone – including consultations with colleagues from the federal center. To our great regret, we have 3 fatalities,” he wrote on his Telegram channel.

    According to the Russian Defense Ministry, Russian air defense forces destroyed and intercepted 60 Ukrainian UAVs over Russian regions overnight. –0–

    MIL OSI Russia News –

    July 2, 2025

  • MIL-OSI Canada: Premier’s statement on Canada Day

    Source: Government of Canada regional news

    Premier David Eby has issued the following statement celebrating Canada Day:

    “Today, millions of people across our vast, beautiful land – from Bonavista to Vancouver Island, from the Arctic Circle to the Great Lakes waters – are celebrating Canada Day.

    “People will gather to enjoy food and fireworks, as well as parties and parades. This is a wonderful time for communities to gather and celebrate our peaceful and democratic country.

    “This Canada Day is unlike any other in recent memory, as we face unprecedented economic and political threats. Those dangers have sharpened our appreciation for what we have accomplished in building the Canada we love, including such monumental achievements as a public health-care system. To be Canadian is to be proud of the way we take care of each other.

    “The challenges we face in improving our country are many. We do so confident that we will find solutions by working together. Even as we debate our differences with vigour, we keep in mind far more unites us than divides us.

    “The Canada of today is the result of a long history of compromise and negotiation, reflecting the Canadian values of fairness, generosity and humility. We should be proud of the role Canada has played in the world. We have answered the call to combat tyranny, and have also been ardent peacekeepers in troubled lands. We have welcomed waves of newcomers throughout our history, and we are proud today to be able to offer sanctuary to people from war-torn countries who seek peace and security.

    “The pride we feel for our country does not mean we ignore our own troubled and complicated history. Canada Day offers an opportunity for reflection on the impact of colonialism on generations of Indigenous Peoples. Our government is dedicated to addressing these matters in a spirit of reconciliation in partnership with Indigenous Peoples.

    “The work of building a better Canada is never done, as nation building is an assignment without end. We will always seek to make a country that in every way is more peaceful, more prosperous and more democratic for ourselves, our families, our neighbours, our communities and for all who call this land home. An important part of that is our desire in British Columbia to build an economy that works for everyone.

    “Let’s take the opportunity this Canada Day to remind ourselves of what we have accomplished together. Happy Canada Day!”

    MIL OSI Canada News –

    July 2, 2025

  • MIL-OSI USA: Travel Advisory: RIDOT Closing Two Bridges in Foster for Reconstruction Starting July 11

    Source: US State of Rhode Island

    Starting, Friday night, July 11 the Rhode Island Department of Transportation (RIDOT) will begin work on the first of two bridges along rural roads in Foster. Both bridges will be closed for approximately 90 days while they are demolished and replaced.

    The bridges carry a very low volume of cars, less than 100 vehicles per day, and serve to access a limited number of residential properties.

    The first closure on July 11 affects the Rams Tail Road Bridge, which carries Rams Tail Road over Ponaganset Brook, between Route 6 (Danielson Pike) and Central Pike. The bridge was built in 1955 and is one rating point away from being classified as structurally deficient. During its closure, drivers will follow a detour using Route 102 (Chopmist Hill Road).

    The second closure begins Friday night, July 18 and affects the Mill Road Bridge, which carries Mill Road over Hemlock Brook, between Route 102 (Foster Center Road) and Wright Lane. The bridge was built in 1950 and is classified as structurally deficient. During its closure, motorists can detour using Route 102, Kate Randall Road and Central Pike.

    For both locations, local traffic will be permitted on either side of the closed bridges.

    RIDOT is using accelerated bridge construction methods to replace these structures as quickly as possible. The $13.4 million project also includes work to replace the Moosup Valley Road Bridge in Foster. RIDOT began work on that bridge last October and this August will shift traffic to finish replacing it. The temporary traffic signal controlling the single-lane alternating traffic pattern will remain in place until the Moosup Valley Road Bridge is finished by next summer.

    All construction projects are subject to changes in schedule and scope depending on needs, circumstances, findings and weather.

    The replacement of these bridges in Foster is made possible by RhodeWorks. RIDOT is committed to bringing Rhode Island’s infrastructure into a state of good repair while respecting the environment and striving to improve it. Learn more at www.ridot.net/RhodeWorks.

    MIL OSI USA News –

    July 2, 2025

  • MIL-OSI Security: Detroit Man Pleads Guilty to Fentanyl Crimes

    Source: US FBI

    CHARLESTON, W.Va. – Rafael Cee-Erwin Solomon, also known as “Rip,” 43, of Detroit, Michigan, pleaded guilty today to three counts of distribution of fentanyl.

    According to court documents and statements made in court, Solomon sold a quantity of fentanyl in Dunbar on March 10, 2025, and quantities of fentanyl in St. Albans on March 24, 2025, and March 27, 2025.

    Solomon has a criminal history that includes a prior conviction for conspiracy to distribute 28 grams or more of cocaine base, also known as “crack,” in United States District Court for the Southern District of West Virginia on December 10, 2012. He also has prior convictions for assault and battery-domestic violence, malicious destruction of property, arson, and felonious assault.

    Today’s guilty pleas result from an investigation that also led to the indictment of 13 other individuals on charges alleging they participated in the distribution of fentanyl and methamphetamine in the Charleston area between June 2024 and May 2025. An indictment is merely an allegation and all defendants are presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.

    Solomon is scheduled to be sentenced on October 9, 2025, and faces a maximum penalty of 30 years in prison, at least six years of supervised release, and a $2 million fine.

    Acting United States Attorney Lisa G. Johnston made the announcement and commended the investigative work of the Federal Bureau of Investigation (FBI).

    United States District Judge Joseph R. Goodwin presided over the hearing. Assistant United States Attorney Jeremy B. Wolfe is prosecuting the case.

    The investigation was part of the Department of Justice’s Organized Crime Drug Enforcement Task Force (OCDETF). The program was established in 1982 to conduct comprehensive, multilevel attacks on major drug trafficking and money laundering organizations and is the keystone of the Department of Justice’s drug reduction strategy. OCDETF combines the resources and expertise of its member federal agencies in cooperation with state and local law enforcement. The principal mission of the OCDETF program is to identify, disrupt and dismantle the most serious drug trafficking organizations, transnational criminal organizations and money laundering organizations that present a significant threat to the public safety, economic, or national security of the United States.

    This case is also part of Operation Take Back America, a nationwide initiative that marshals the full resources of the Department of Justice to repel the invasion of illegal immigration, achieve the total elimination of cartels and transnational criminal organizations (TCOs), and protect our communities from the perpetrators of violent crime. Operation Take Back America streamlines efforts and resources from the Department’s Organized Crime Drug Enforcement Task Forces (OCDETF) and Project Safe Neighborhoods (PSN).

    A copy of this press release is located on the website of the U.S. Attorney’s Office for the Southern District of West Virginia. Related court documents and information can be found on PACER by searching for Case No. 2:25-cr-77.

    ###

     

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI: Fortinet Recognized as the Overall Leader for the Third Time in a Row in the Westlands Advisory IT/OT Network Protection Platform Navigator 2025™ Report

    Source: GlobeNewswire (MIL-OSI)

    SUNNYVALE, Calif., July 01, 2025 (GLOBE NEWSWIRE) —

    News Summary

    Fortinet® (NASDAQ: FTNT), the global cybersecurity leader driving the convergence of networking and security, today announced that Westlands Advisory, a leading OT security industry analysis and strategy firm, has once again named Fortinet as the Overall Leader in the IT/OT Network Protection Platform Navigator 2025 report, earning the top ranking in both strategic direction and capability for IT/OT.

    Since its inception and for the third time in a row, the latest report from Westlands Advisory highlights Fortinet’s extensive OT network security experience, noting that “OT cybersecurity has been a key strategic pillar” for Fortinet, “resulting in significant innovation, product expansion, growing alliances, and increasing market share.”

    “For more than 20 years, organizations have trusted Fortinet to protect operational technology environments and ensure compliance with the evolving needs of OT infrastructures. Fortinet uniquely delivers a comprehensive OT security platform, built from the ground up with the industry’s most advanced threat detection and protection capabilities to enable converged IT/OT infrastructure,” said Nirav Shah, Senior Vice President, Products and Solutions at Fortinet. “Our latest recognition from Westlands Advisory reflects the deep and growing trust our customers, partners, and the broader OT security community place in Fortinet.”

    Delivering Secure IT/OT Network Convergence

    The Fortinet OT Security Platform is unique in its ability to provide end-to-end network segmentation, OT asset and network visibility, network segmentation and microsegmentation, and advanced threat protection in a unified platform that is centrally managed and automated. With deep integration into the Fortinet Security Fabric, the OT Security Platform improves cyber resiliency and production reliability, lowers time to deployment, and simplifies operations to further support the protection of critical infrastructure and OT infrastructure from evolving cyberthreats.

    The Westlands Advisory report addresses several key benefits of the Fortinet OT Security Platform for customers, including:

    • Broad, integrated, high-performance security solutions and services across IT and OT infrastructures: Westlands Advisory highlights Fortinet’s delivery of a single platform across IT and OT to help reduce cyber risks across the entire organization. The OT Security Platform, an extension of the Fortinet Security Fabric, uniquely provides the widest and deepest breadth of networking and cybersecurity solutions in the market. These solutions provide near-real-time protection through the company’s AI-driven OT Security Service, powered by FortiGuard Labs, that enables OT-specific application- and protocol-based security, as well as virtual patching capabilities to shield unpatched OT assets from exploitation. As Westlands Advisory notes, the Fortinet OT Security Platform consists of over 20 products across three solution pillars: Secure Networking, Unified SASE, and Security Operations. The report goes on to say: “In addition, the technology integration offered through the OT Security Platform extends beyond Fortinet solutions to third-party technologies, delivering a comprehensive and centralized OT service.”
    • Cutting-edge innovation to solve urgent OT security use cases: The Fortinet OT Security Platform is also recognized by Westlands Advisory for its cutting-edge advancements and innovations that help customers solve many urgent and real OT use cases, such as asset discovery and management; network protection and segmentation; endpoint protection; secure remote access; and more. According to Westlands Advisory, “Fortinet offers the broadest range of industrial-grade security hardware solutions, including FortiGate Rugged firewalls and FortiSwitch industrial switches… Fortinet’s product roadmap is highly responsive to customer requirements and industry standards and has resulted in a number of industry awards, including the 2024 Red Dot Product Design Award [FortiGate Rugged 70G with Dual 5G Modems].” Additional recognitions include the Control Engineering 2024 Silver Product of the Year Award for FortiGate Rugged 70F, and the 2025 Gold Product of the Year Award for FortiGate Rugged 70G-5G-DUAL. The Westlands report also notes that the company’s OT security innovation extends to AI and ML, “where the focus has been on detections, understanding risk, and improving security operations.”
    • High-performance, energy-efficient, cost-effective solutions compared to other OT security solutions: Fortinet’s custom-built ASIC technology, embedded in FortiGate appliances, offers unmatched network security performance and reliability, which is critical in OT environments that run 24×7 or cannot suffer downtime. These custom ASICs, which include a networking processor and security processor, are integrated with the FortiOS operating system, allowing Fortinet to provide a comprehensive, high-performance networking and security solution that addresses the demands of modern network environments.

    With the recognition of the Fortinet OT Security Platform, the Westlands report underscores the importance of IT/OT convergence and reaffirms that organizations don’t have to choose between performance and protection.

    Additional Resources

    About Fortinet
    Fortinet (Nasdaq: FTNT) is a driving force in the evolution of cybersecurity and the convergence of networking and security. Our mission is to secure people, devices, and data everywhere, and today we deliver cybersecurity everywhere our customers need it with the largest integrated portfolio of over 50 enterprise-grade products. Well over half a million customers trust Fortinet’s solutions, which are among the most deployed, most patented, and most validated in the industry. The Fortinet Training Institute, one of the largest and broadest training programs in the industry, is dedicated to making cybersecurity training and new career opportunities available to everyone. Collaboration with esteemed organizations from both the public and private sectors, including Computer Emergency Response Teams (“CERTS”), government entities, and academia, is a fundamental aspect of Fortinet’s commitment to enhance cyber resilience globally. FortiGuard Labs, Fortinet’s elite threat intelligence and research organization, develops and utilizes leading-edge machine learning and AI technologies to provide customers with timely and consistently top-rated protection and actionable threat intelligence. Learn more at https://www.fortinet.com, the Fortinet Blog, and FortiGuard Labs.

    Copyright © 2025 Fortinet, Inc. All rights reserved. The symbols ® and ™ denote respectively federally registered trademarks and common law trademarks of Fortinet, Inc., its subsidiaries and affiliates. Fortinet’s trademarks include, but are not limited to, the following: Fortinet, the Fortinet logo, FortiGate, FortiOS, FortiGuard, FortiCare, FortiAnalyzer, FortiManager, FortiASIC, FortiClient, FortiCloud, FortiMail, FortiSandbox, FortiADC, FortiAI, FortiAIOps, FortiAgent, FortiAntenna, FortiAP, FortiAPCam, FortiAuthenticator, FortiCache, FortiCall, FortiCam, FortiCamera, FortiCarrier, FortiCASB, FortiCentral, FortiCNP, FortiConnect, FortiController, FortiConverter, FortiCSPM, FortiCWP, FortiDAST, FortiDB, FortiDDoS, FortiDeceptor, FortiDeploy, FortiDevSec, FortiDLP, FortiEdge, FortiEDR, FortiExplorer, FortiExtender, FortiFirewall, FortiFlex FortiFone, FortiGSLB, FortiGuest, FortiHypervisor, FortiInsight, FortiIsolator, FortiLAN, FortiLink, FortiMonitor, FortiNAC, FortiNDR, FortiPAM, FortiPenTest, FortiPhish, FortiPoint, FortiPolicy, FortiPortal, FortiPresence, FortiProxy, FortiRecon, FortiRecorder, FortiSASE, FortiScanner, FortiSDNConnector, FortiSIEM, FortiSMS, FortiSOAR, FortiSRA, FortiStack, FortiSwitch, FortiTester, FortiToken, FortiTrust, FortiVoice, FortiWAN, FortiWeb, FortiWiFi, FortiWLC, FortiWLM, FortiXDR and Lacework FortiCNAPP. Other trademarks belong to their respective owners. Fortinet has not independently verified statements or certifications herein attributed to third parties and Fortinet does not independently endorse such statements. Notwithstanding anything to the contrary herein, nothing herein constitutes a warranty, guarantee, contract, binding specification or other binding commitment by Fortinet or any indication of intent related to a binding commitment, and performance and other specification information herein may be unique to certain environments.

    The MIL Network –

    July 2, 2025

  • MIL-OSI NGOs: IAEA Holds Rays of Hope Forum To Increase Access to Cancer Care

    Source: International Atomic Energy Agency (IAEA) –

    Cancer remains one of the leading causes of death on the continent, claiming around 2,000 lives every day.

    Three years ago, to close the global cancer care gap, we launched the IAEA’s #RaysOfHope initiative at the African Union headquarters in Addis Ababa.

    Today, we returned to take stock:

    • More than 90 countries have joined
    • Over €90 million mobilized
    • Hospitals upgraded
    • PET/CTs, SPECTs, mammography units and LINACs delivered
    • Radiotherapy centres coming online across several countries
    • Staff trained and networks developed

    Building on this momentum, we signed a $4.5 million partnership with St. Jude Children’s Research Hospital – the largest contribution from a non-traditional partner to our cancer care work to date. We also launched a new nuclear medicine service at Black Lion Hospital – one of four radiotherapy centres supported by the IAEA in Ethiopia. The hospital now has SPECT/CT scanners, a linear accelerator, trained staff, and a mammography unit on the way.

    Learn more: Rays of Hope IAEA Flagship Initiative →

    MIL OSI NGO –

    July 2, 2025

  • MIL-OSI Canada: Statement by Minister Diab on Canada Day

    Source: Government of Canada News

    Statement

    “Canada Day is a time to reflect on who we are as a country and to celebrate the people, cultures, and values that bring us together. From coast to coast to coast, Canadians can mark this day with pride in our shared commitment to democracy, equality and building a better future.”

    Halifax, July 1, 2025—The Honourable Lena Metlege Diab, Minister of Immigration, Refugees and Citizenship, issued the following statement on Canada Day:

    “Canada Day is a time to reflect on who we are as a country and to celebrate the people, cultures, and values that bring us together. From coast to coast to coast, Canadians can mark this day with pride in our shared commitment to democracy, equality and building a better future.

    “Canada’s story did not begin with Confederation when Canada became a country. It began with Indigenous Peoples who cared for their land and territories since time immemorial. We celebrate the Canada we know today, but we must also honour and acknowledge the enduring contributions made by the First Peoples of this land, and learn more about their histories, traditions and cultures. Let’s continue working together towards a future built on mutual understanding, respect and justice.

    “Today, I am honoured to attend a citizenship ceremony at the Canadian Museum of Immigration at Pier 21. Many similar ceremonies will take place this year—powerful moments that demonstrate the resilience, hope, and dreams of those who choose Canada as their home. As a proud Lebanese Canadian and the daughter of immigrants, I know firsthand the courage it takes to build a new life in a new home. I encourage you to attend a citizenship ceremony in your community and share in the pride and joy of these milestones.

    “Being Canadian is more than a passport or status. It means actively participating in our communities, embracing our diverse cultures, advancing reconciliation with Indigenous Peoples, and standing together with a common purpose. Whether through volunteering, voting, or simply welcoming a neighbour, every act strengthens the fabric of our nation.

    “This Canada Day, let’s celebrate the values that unite us and recommit ourselves to building a Canada where everyone belongs and can thrive. For information about Canada Day celebrations near you, visit the Canadian Heritage website.

    “Happy Canada Day to all who call this wonderful country home!”

    For further information (media only), please contact:

    Media Relations Office
    People and Communications Sector
    Immigration, Refugees and Citizenship Canada
    613-952-1650
    media@cic.gc.ca

    MIL OSI Canada News –

    July 2, 2025

  • MIL-OSI USA: Governor Kehoe Announces Over 200 Communities Earned Missouri Blue Shield Designation for Commitment to Effective Law Enforcement and Community Safety

    Source: US State of Missouri

    JULY 1, 2025

    Jefferson City — Today, Governor Mike Kehoe announced that 201 Missouri counties, cities, and towns have received the Missouri Blue Shield designation in recognition of their dedication to enhancing public safety, strengthening support for law enforcement, and building sustainable public safety partnerships. The Blue Shield Program, as outlined in Executive Order 25-03, is part of the Governor’s Safer Missouriinitiative announced on his first day in office.

    Following the Governor’s approval of Fiscal Year 2026 budget funding yesterday, the Blue Shield communities are now able to tap into a $10 million dollar fund for grants for law enforcement training, equipment, and technology.

    “I’ve said from day one that improving public safety is the top priority of our administration and the response of communities, large and small, across our state shows that Missourians want to have safer streets and support law enforcement,” Governor Kehoe said. “Now, all 201 of the Blue Shield communities will be able to apply for funding through the Missouri Department of Public Safety to further bolster public safety through grants for training, equipment, and technology.”

    A total of 60 counties, 137 cities and four towns were approved as Blue Shield communities after applying by June 1 to the Department of Public Safety. A map of Blue Shield communities and the full list of approved jurisdictions is available here.

    The Missouri Department of Public Safety (DPS) is administering the Blue Shield Program and opened grant applications today, the beginning of State Fiscal Year 2026. Communities may spend grant funds for any combination of training, equipment, or technology for their law enforcement agencies to strengthen public safety. Eligible expenditures include ballistic vests, body-worn cameras, security and surveillance systems, gunshot detection technology, and crime analytics software. The $10 million will be split equally among approved Blue Shield applicants.

    “We knew going into this that there was overwhelming support for law enforcement among Missourians and high interest in building stronger alliances between law enforcement and the communities they serve, but the response to the Blue Shield Program has been even stronger than we anticipated,” Missouri Department of Public Safety Director Mark James said. “We are looking forward to receiving funding proposals from the 201 communities and our DPS team will be processing grant applications quickly.”

    Blue Shield counties, cities, and towns must maintain their commitments each year to retain the Blue Shield designation via annual reporting about their ongoing efforts to support public safety to DPS. There will be another opportunity for other communities to apply for the Blue Shield designation and take advantage of future grants in 2026.

    Among the Blue Shield designation eligibility criteria were:

    • Passage of a resolution demonstrating a commitment to public safety, including to reduce violent crime within the jurisdiction;
    • Extraordinary investments in public safety funding;
    • Community policing initiatives or local partnerships to invest in and/or improve public safety;
    • Law enforcement officer recruitment and retention program;
    • Demonstrated effectiveness in reducing crime or innovative programs that attempt to reduce crime;
    • Participates in regional anti-crime task forces, or a commitment to be a willing partner with these in the future; and
    • Compliance with Missouri crime reporting and traffic stop data requirements and other related statutes.
       
    • Blue Shield Year One.png

    ###

    MIL OSI USA News –

    July 2, 2025

  • MIL-OSI Security: Man jailed for spree of thefts following Met investigation

    Source: United Kingdom London Metropolitan Police

    A prolific thief captured on CCTV stealing from a series of unsuspecting victims has been jailed following a Metropolitan Police Service investigation.

    On Tuesday, 1 July at Isleworth Crown Court, Zacariah Boulares, 18 (21.02.2007) of Tennyson Road, Hounslow was jailed for 22 months for multiple thefts and an assault.

    This comes as the Met cracks down on neighbourhood crime, including phone thefts in the capital, with uniform and plain clothes officers across London proactively patrolling robbery hotspots to identify, apprehend and deter potential offenders, with dedicated teams targeting repeat offenders.

    Incidents of neighbourhood crime, which includes offences such as robbery, theft from a person and shoplifting, have reduced by 18.6 per cent compared to the same period last year. Over the past 15 months, the Met has also increased arrests per month by 10 per cent.

    Superintendent Owen Renowden, who leads policing in Kensington and Chelsea for the Met said: “We understand the significant impact that robbery and theft can have on victims – it’s an invasive and sometimes violent crime.

    “We’re committed to protecting Londoners and tackling the kind of criminality carried out by Boulares as we make the capital safer.

    “His behaviour showed a blatant disregard for others and their belongings, even going as far to admit that he only targets vulnerable people. I commend the determination of officers who brought him to justice.”

    On Tuesday, 18 February Boulares stole a rucksack from a blind couple – a 50-year-old woman and a 54-year-old man, dining with their young son at a restaurant in Kensington High Street.

    As Boulares left the restaurant, patrolling officers in the area noticed him acting suspiciously. They gave chase, but were unable to catch Boulares, who discarded the rucksack in a bush as he fled. This was later returned to the couple by police.

    Following further enquiries, Boulares was arrested at his home on Friday, 21 February, the same day as his 18th birthday. As he attempted to evade police by climbing out of the window, Boulares taunted officers and his victims, saying: “I specifically target vulnerable people”.

    Boulares was charged with theft on Friday, 21 February and remanded in custody.

    Following a series of enquiries and careful examination of CCTV, officers linked Boulares to two separate incidents.

    On Thursday, 30 January, in CCTV footage later obtained by the investigation team, Boulares and an accomplice were seen walking into the outdoor area of a busy restaurant in Kingley Street, W18. They wore their hoods up to obscure their faces.

    The two then stole a handbag belonging to a 30-year-old woman sitting nearby. Officers discovered that Boulares used the bank cards in the stolen bag to purchase items, including clothing, worth £86. He also withdrew £60 and attempted to withdraw another £150.

    While investigating what had taken place, officers were called to a theft and assault at another restaurant in Kensington High Street, on Saturday, 8 February. In video footage shown in court, Boulares was captured wearing the same hooded jacket, attempting to steal a phone from a 27-year-old woman. There was a struggle as the victim retrieved her phone, in which she sustained a head injury. Boulares fled the scene before officers could arrive.

    Following his charge on Friday, 21 February, Bouares was charged with two more counts of theft and an assault for the offences on Thursday, 30 January and Saturday, 8 February.

    He pleaded guilty to all the offences on Thursday, 29 May at Westminster Magistrates’ Court.

    The Met’s focus on tackling these crimes will continue throughout the summer, using ward-level data and intelligence to make a difference in key areas.

    A new way for Londoners to hear about policing in their area is being rolled out by the Met.

    Local officers will use Met Engage to provide crime prevention advice, updates on ongoing incidents and investigations, and information about successful outcomes and operations. Sign-up to Met Engage here

    MIL Security OSI –

    July 2, 2025

  • MIL-OSI: Global Neuro-Psychiatric Disorders & Treatment Market Projected to Reach $166 Billion by 2032

    Source: GlobeNewswire (MIL-OSI)

    PALM BEACH, Fla., July 01, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Worldwide, there is a rising demand for neuropsychiatric disorder treatments which is expected to fuel the global markets for years to come. With expanding research and development efforts and a robust pipeline of novel medications, the neuropsychiatric disorders treatment landscape is evolving rapidly. Pharmaceutical companies are focusing on innovative drug therapies to meet the growing need for effective and affordable treatments. The market is primarily driven by the high incidence of mental illnesses, including depression and anxiety, and the rising awareness of these conditions. As a result, new treatment options are being developed, and drug-related activities such as clinical trials and drug approvals are intensifying. Recently an article on the 4th European Congress of Neurology and Neuropsychiatry website said that: “The global neuropsychiatric disorders and treatment market is on an upward trajectory, with a significant increase in demand for innovative solutions that cater to the growing burden of mental health conditions. In 2024, the market was valued at USD 130.5 billion, and by 2032, it is projected to reach USD 166.3 billion, growing at a compound annual growth rate (CAGR) of 10.20% from 2023 to 2032. This growth is fueled by continuous research, advancements in treatment, and heightened awareness of neuropsychiatric disorders.”   Active Companies active today in markets include: Cybin Inc. (NYSE: CYBN) (NEO: CYBN), COMPASS Pathways plc (NASDAQ: CMPS), Sage Therapeutics, Inc. (NASDAQ: SAGE), Mind Medicine (MindMed) Inc. (NASDAQ: MNMD) (NEO: MMED), atai Life Sciences (NASDAQ: ATAI).

    The article continued: “The growing global burden of neuropsychiatric disorders is a critical driver for the treatment market. With over 9.1 million annual deaths attributed to neurological diseases and an additional 8 million caused by neuropsychiatric conditions, this category represents a substantial public health challenge. These disorders contribute significantly to disability globally, with an estimated 461 million disability-adjusted life years (DALYs) lost each year. Moreover, rising awareness through public education, media coverage, and advocacy organizations is encouraging more individuals to seek early diagnosis and treatment, ultimately improving outcomes for patients. Social media and celebrity-led campaigns have also played a pivotal role in removing the stigma surrounding mental health, further boosting the demand for treatments. Drug treatments continue to be the fastest-growing segment in the neuropsychiatric disorders market, driven by ongoing advancements in pharmacology. New medications are being developed with fewer side effects and increased efficacy in managing conditions like depression, schizophrenia, and Alzheimer’s disease.”

    Cybin Inc. (NYSE AMERICAN: CYBN) (Cboe Canada: CYBN) Announces Financing of up to US$500 Million Aggregate Principal Amount of Convertible Debentures – Funding agreement contemplates a conversion formula with a potential 30% premium upon conversion and positions the Company for growth, and accelerated advancement of its clinical pipeline programs, CYB003 and CYB004 –   Cybin Inc. (“Cybin” or the “Company”), a clinical-stage breakthrough neuropsychiatry company committed to revolutionizing mental healthcare by developing new and innovative next-generation treatment options, is pleased to announce the Company has entered into a securities purchase agreement (the “Securities Purchase Agreement”) with High Trail Special Situations LLC (“High Trail”), pursuant to which the Company agreed to sell and issue to High Trail up to US$500,000,000 in aggregate principal amount of unsecured convertible debentures (the “Convertible Debentures”). The sale and issue of US$50,000,000 principal amount of Convertible Debentures was completed on June 30, 2025 (the “Private Placement”). The sale and issue of US$450,000,000 of the principal amount of Convertible Debentures will be determined at a future date, upon mutual agreement of the parties.

    “This financing represents a major inflection point for Cybin and supports our position as a leader within our sector,” said Doug Drysdale, Chief Executive Officer of Cybin. “High Trail Capital is an experienced investor, and its confidence and appreciation of our breakthrough clinical data and intellectual property portfolio recognize the potential of the Company. This financing comes at an opportune time for Cybin, as we advance our lead programs, CYB003 and CYB004, in Phase 3 and Phase 2, respectively. CYB003 demonstrated over 70% remission rates and continued durability over 12 months for patients with uncontrolled depression. We await the conclusion of our CYB004 Phase 2 proof-of-concept study, in patients with generalized anxiety disorder,” said Drysdale.

    Joseph Gunnar & Co., LLC acted as the sole placement agent in connection with this transaction.

    Pipeline Acceleration Drives Multiple Value Creation Catalysts

    The funding will accelerate Cybin’s clinical-stage programs across multiple high-value indications:

    CYB003 Program Achievements:

    • Breakthrough Clinical Results: Unprecedented 71% remission rate in major depressive disorder at 12 months after two 16 mg doses in Phase 2 study
    • Durability advantage: 12-month sustained efficacy demonstrating long-term therapeutic benefit
    • FDA Recognition: Breakthrough Therapy Designation received, expediting regulatory pathway
    • Multinational Phase 3 PARADIGM program underway

    CYB004 Program Momentum:

    • Dual Indication Strategy: Expanding addressable market opportunity
    • Phase 2 GAD study expected to complete around mid-year 2025 1

    Commercialization Infrastructure:

    • Manufacturing Scale-Up: Finalizing production capabilities for market launch
    • IP Portfolio Expansion: Strengthening competitive moat with more than 90 patents issued and over 230 applications pending
    • Strategic Partnerships: Developing market access and pre-commercialization alliances

    Value Catalysts Drive Sustained Momentum

    Near-Term Catalysts:

    • CYB004 Phase 2 GAD study expected to complete around mid-2025 1
    • Initiation of second CYB003 pivotal study, EMBRACE, around mid-2025 1
    • EXTEND study initiation imminent 1

    Medium-Term Catalysts (2025-2026):

    • Phase 3 top line readout for CYB003 2H 2026 1
    • Regulatory submission preparations
    • Commercial manufacturing readiness
    • International market expansion planning

    CONTINUED… Read the Transaction Terms and full Press Release for Cybin at: https://www.financialnewsmedia.com/news-cybn/      NOTES: 1.There is no assurance that timelines will be met. Anticipated timelines regarding the initiation, advancement and results of clinical trials are based on reasonable assumptions informed by current knowledge and information available to the Company. See “Cautionary Notes and Forward-Looking Statements in the Full Press Release”.

    In other active company biotech news in the markets:

    atai Life Sciences (NASDAQ: ATAI), a clinical-stage biopharmaceutical company on a mission to develop highly effective mental health treatments to transform patient outcomes, and Beckley Psytech Limited (“Beckley”), a private clinical-stage biopharmaceutical company pioneering the next generation of mental health treatments, recently announced a definitive agreement under which atai and Beckley plan to combine in an all-share transaction subject to pre-agreed BPL-003 (mebufotenin benzoate) Phase 2b success criteria.

    “The strategic combination marks a transformational moment, solidifying us as a leader in rapid-acting and accessible psychedelic treatments for mental health conditions with a pipeline of potential first-in-class and best-in-class assets,” stated Srinivas Rao, M.D., Ph.D., Chief Executive Officer and Co-Founder of atai. “With a unified vision and a synergistic pipeline, we believe we are well-positioned to unlock the strategic value of our clinical development programs for both patients and shareholders. Together, we plan to move confidently towards our goal of bringing innovative interventional psychiatry therapies to patients in need of new treatments.”

    Mind Medicine (MindMed) Inc. (NASDAQ: MNMD), a late-stage clinical biopharmaceutical company developing novel product candidates to treat brain health disorders, recently announced the issuance of inducement grants to four newly hired non-executive employees consisting of options to purchase an aggregate of 128,750 common shares of the Company (the “Options”), with effective grant dates of June 2, 2025 and June 9, 2025, depending on the applicable employee’s respective start date. The Options have an exercise price equal to the closing price of MindMed’s common shares on the last trading day on which MindMed’s common shares traded prior to the date of the respective grant, and will vest over a four-year period with 25% vesting on the first anniversary of the date of the grant and the remaining 75% vesting in substantially equal monthly increments over the three-year period thereafter, subject to each employee’s continued employment.

    Supernus Pharmaceuticals, Inc. (SUPN) and Sage Therapeutics, Inc. (NASDAQ: SAGE) recently announced a definitive agreement for Supernus to acquire Sage through a tender offer for $8.50 per share in cash (or an aggregate of approximately $561 million), payable at closing, plus one non-tradable contingent value right (CVR) collectively worth up to $3.50 per share in cash (or an aggregate of approximately $234 million), for total consideration of $12.00 per share in cash (or an aggregate of up to approximately $795 million). The CVR is payable upon achieving certain net sales and commercial milestones. The transaction is expected to close in the third quarter of 2025.

    The transaction will provide Supernus with an innovative marketed product: ZURZUVAE® (zuranolone) capsules CIV, the first and only U.S. Food and Drug Administration (FDA)-approved oral medicine indicated for the treatment of adults with postpartum depression. Through a collaboration agreement with Biogen, Inc., Supernus will report collaboration revenue that is 50% of total net revenue Biogen records for ZURZUVAE in the U.S.

    Compass Pathways plc (NASDAQ: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation, recently announced the successful achievement of the primary endpoint in the ongoing Phase 3 COMP005 trial, the first of two Phase 3 trials evaluating COMP360, a synthetic, proprietary formulation of psilocybin, for treatment-resistant depression (TRD). The primary endpoint is the difference in change from baseline in the Montgomery-Åsberg Depression Rating Scale (MADRS) scores between the active treatment group and the placebo group at week 6. A single dose of COMP360 25 mg versus placebo demonstrated a highly statistically significant reduction in symptom severity with a p-value of <0.001 and a clinically meaningful difference of -3.6 in change at the primary endpoint. The Company plans to discuss these preliminary COMP005 data with the U.S. Food and Drug Administration (FDA), which has not yet reviewed the data.

    The ongoing Phase 3 COMP005 trial is the first study of an investigational, synthetic psilocybin, and the first classic psychedelic to report Phase 3 efficacy data. This randomized, double-blind, placebo-controlled study, which dosed 258 participants with TRD across 32 sites in the United States, aims to assess the efficacy and safety of a single dose of COMP360 25 mg versus placebo for reducing symptom severity in TRD.

    About FN Media Group:

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

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

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

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

    Contact Information:

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

    SOURCE FN Media Group LLC

    The MIL Network –

    July 2, 2025

  • MIL-OSI: E Ink Utilizes Intel® Smart Base to Launch Innovative ePaper with Touch-Enabled Application, Ushering in a New Interactive AI PC Experience

    Source: GlobeNewswire (MIL-OSI)

    BILLERICA, Mass., July 01, 2025 (GLOBE NEWSWIRE) — E Ink (8069.TWO), the originator, pioneer, and global commercial leader in ePaper technology, announced the launch of a groundbreaking ePaper touchpad solution for laptops, developed through the integration of Intel® Smart Base, Intel® Innovation Platform Framework (Intel® IPF), and Intel® AI Assistant Builder technologies. This innovative solution combines color ePaper with traditional laptop touchpads, creating a visual, AI-assisted human-machine interface (HMI) that enhances user interaction and brings a whole new dimension of functionality to Intel-based AI PCs.

    “Driven by our mission, ‘We Make Surfaces Smart and Green,’ E Ink continues to explore innovative applications across industries through ePaper technology,” stated JM Hung, the Vice President of Business Center of E Ink Holdings. “With the development tools and reference architecture provided by the Intel® Smart Base ecosystem, we’ve created ultra-slim, energy-efficient modules optimized for AI PC designs. These modules enable seamless integration of ePaper displays into laptop touchpad areas—delivering crisp visuals, low power consumption, and a novel interactive experience.”

    ePaper’s core advantages—paper-like readability, ultra-low power consumption, and excellent sunlight visibility—make it ideally suited for auxiliary displays in mobile computing devices. By integrating ePaper into the touchpad, E Ink not only preserves the intuitive functionality of touch interactions but also unlocks new second-screen capabilities. With support from Intel® Smart Base, Intel® IPF, and Intel® AI Assistant Builder, the system is empowered to perform real-time edge AI applications such as frequently used shortcuts and system notifications and GenAI contents like text/image summaries, gaming tactics, or custom AI tasks displayed on the interactive C-cover. Users can also view weather updates, take notes, display meeting transcripts, or showcase personalized cover art—even when the device is powered off.

    Additionally, because ePaper consumes power only when content is updated and remains static otherwise, it significantly reduces overall system power consumption compared to emissive displays. Its non-emissive, reflective and flicker-free nature also reduces eye strain, making this touchpad design a uniquely ergonomic and eco-friendly innovation.

    Leveraging Intel’s platform and ecosystem, E Ink enhances the laptop user experience through:

    • Visual Interaction Innovation: Employing ePaper as a next-gen touch display medium, enabling low-power visual interactivity for intuitive HMI design.
    • AI-Powered Personalization: Supporting AI-driven content generation to elevate functionality and user engagement.
    • Design-Driven Integration: Tailored for the aesthetics and performance requirements of new-generation AI PCs.
    • UX Redefined: Reinventing the user experience with the comfort, clarity, and adaptability of ePaper displays.
    • Scalable Possibilities: Establishing a solid foundation for future AI hardware applications by integrating Intel’s reference designs and solutions.

    This touch enabled application highlights the versatility and forward-looking potential of ePaper technology in next-generation computing. E Ink will continue to expand the boundaries of interactive design by exploring innovative ePaper scenarios in the AI era—delivering sustainable, personalized, and cutting-edge user experiences.

    About E Ink
    E Ink Holdings Inc. (8069.TWO), based on technology from MIT’s Media Lab, provides an ideal display medium for applications spanning eReaders and eNotes, retail, home, hospital, transportation, logistics, and more, enabling customers to put displays in locations previously impossible. E Ink’s electrophoretic display products make it the worldwide leader for ePaper. Its low power displays enable customers to reach their sustainability goals, and E Ink has pledged using 100% renewable energy in 2030 and reaching net zero carbon emissions by 2040. E Ink has been recognized for their efforts by receiving validation from Science-Based Targets (SBTi) and is listed in both the DJSI World and DJSI Emerging Indexes. Listed in Taiwan’s Taipei Exchange (TPEx) and the Luxembourg market, E Ink Holdings is now the world’s largest supplier of ePaper displays. For more information, please visit www.eink.com. E Ink. We Make Surfaces Smart and Green.

    Contact:
    V2 Communications for E Ink
    eink@v2comms.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/03bb1c16-3c39-4c54-b2b6-7bb8a7b78d3a

    The MIL Network –

    July 2, 2025

  • MIL-OSI Africa: Cold snap sweeps across Western and Northern Cape

    Source: South Africa News Agency

    The South African Weather Service (SAWS) has warned that a series of cold fronts are expected to affect the Western Cape and Northern Cape from late Thursday into Sunday.

    The weather conditions will lead to very cold, windy, and wet conditions, with daytime temperatures plunging to 10°C and below, and windy at 30 km/h in places over the western and central interior of the Western Cape and the southern parts of the Namakwa District IN Northern Cape.

     “These conditions are likely to spread to the western escarpment of the Namawka as well as to the eastern interior of the Western Cape over the weekend. In addition, light snowfalls are possible over the mountain peaks of the Western Cape and southern parts of Namakwa.

    “The public and small stock farmers are advised to take the necessary precaution to ensure the safety and health of their animals during very cold, wet and windy days,” SAWS said on Tuesday.

    In addition, the western parts of the Western Cape will be hit by a series of cold fronts that will bring scattered to widespread showers and rain, from late Wednesday night into Sunday. 

    “The most significant cold front will reach the south-western Cape by Friday afternoon, when quick and heavy downpours are possible. 24-hour rainfall accumulations of 20-35 mm are likely over the south-western parts, reaching 50 mm over the mountainous region. 

    “Even though only 5-10 mm are possible on Saturday, another cold front making landfall early Sunday will mostly likely bring 10-20 mm over the south-western Cape. Therefore, rain-on-rain together with saturated soils will lead to minor impacts with a low likelihood of significant impacts to occur,” the weather service said.

    The weather service warned that the expected weather conditions will lead to flooding of roads, formal and informal settlements, which may lead to damage to property/infrastructure and danger to life due to fast flowing streams over low-lying bridges.

    Major disruption of traffic flow due to major roads being flooded and damaged could lead to increased travel time. Mudslides and rockfalls are also possible.

    Essential services such as water and electricity may also be affected. –SAnews.gov.za

    MIL OSI Africa –

    July 2, 2025
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