NewzIntel.com

Category: Transport

  • MIL-OSI: NordVPN remains the only VPN with certified phishing protection

    Source: GlobeNewswire (MIL-OSI)

    LONDON, June 26, 2025 (GLOBE NEWSWIRE) — The cybersecurity feature Threat Protection Pro™, included in the leading VPN application NordVPN, has once again been recognized as one of the top tools for detecting phishing websites in an independent test conducted by AV-Comparatives.

    “Phishing websites are one of the biggest threats to internet users worldwide. They steal personal data, login credentials, and financial information from unsuspecting users before redirecting them or disappearing entirely. We put our greatest effort into protecting our customers from the consequences caused by these sites,” says Domininkas Virbickas, product director at Threat Protection.

    AV-Comparatives, an independent testing lab, conducted an extensive test between May 15-28, 2025, to evaluate the effectiveness of various cybersecurity products in detecting and blocking phishing websites. The company certified 10 solutions against 228 phishing URLs and 200 clean ones to see how well they could protect users. NordVPN’s Threat Protection Pro™ detected 90% of phishing websites.

    Last year, NordVPN became the first VPN service provider to be approved by AV-Comparatives for anti-phishing protection, and this year we got tested again to remain the only VPN provider with such certification.

    To be approved by AV-Comparatives for Anti-Phishing Protection, at least 85% of the phishing URLs used must be detected and blocked, without causing any false alarms with legitimate online banking and related sites.

    How to recognize phishing websites and protect yourself

    While Threat Protection Pro™ is a powerful safeguard, phishing attacks are always evolving. Practicing good cyber hygiene is just as important.

    Here are a few simple tips to stay safe online:

    • Verify the URL. Always check the URL in your browser’s address bar. Look for variations in the domain name that might indicate it’s a fake site. Did it send you to a subpage, even though you should be on the homepage? Does it have a suspicious prefix?
    • Read the text carefully. If you have even the slightest suspicion, go over the email or message once more. Was it unsolicited? Is it urging you to do something, trying to induce panic? Does it have any typos or other mistakes?
    • Enable two-factor authentication (2FA). 2FA adds an extra layer of security by requiring an additional authentication step, like a one-time code sent to your phone, before you can log in. Even if a hacker gets your password, they won’t be able to access your account without this second factor.
    • Check the website’s protocol. Ensure that the website you’re on uses the HTTPS protocol. Legitimate websites prioritize security and will have a padlock icon in the address bar, but a website with a spoofed URL might only use HTTP.

    NordVPN’s Threat Protection Pro™ is available with every subscription, helping users browse more securely every day.

    ABOUT NORDVPN

    NordVPN is the world’s most advanced VPN service provider, chosen by millions of internet users worldwide. One of NordVPN’s key features is Threat Protection Pro™, a tool that blocks malicious websites, trackers, and ads and scans downloads for malware. For more information, visit https://nordvpn.com.

    More information: vilius.kardelis@nordsec.com

    The MIL Network –

  • MIL-OSI Africa: Government welcomes progress made in the fight against crime

    Source: South Africa News Agency

    Government welcomes progress made in the fight against crime

    Government has welcomed the progress being made in the fight against crime through initiatives such as Operation Shanela and Operation Vala Umgodi. 

    “About 239 suspects were arrested across the country between 1 and 15 June 2025 through Operation Vala Umgodi,” Minister in the Presidency Khumbudzo Ntshavheni said.

    Briefing media in Cape Town on Thursday, on the outcomes of the Cabinet meeting, Ntshavheni said the suspects were arrested for illegal mining-related offences and various other crimes, including attempted murder, possession of unlicensed firearms, possession of unpolished diamonds, unlawful possession of explosives and contravention of the Immigration Act of 2002.

    “Operation Vala Umgodi has, since its inception in December 2023, led to the arrest of more than 27 000 suspects and the seizure of more than 600 firearms that included imitation firearms (toy guns) and 16 000 rounds of ammunition,” Ntshavheni said.

    Ntshavheni said between 16 June to 22 June 2025, the South African Police Service (SAPS), through Operation Shanela, arrested 15 372 suspects. 

    “Some of the key arrests include 2 400 wanted individuals linked to serious and violent crimes (murder, attempted murder, rape and robbery), 159 arrested for murder, 100 arrests for rape, 1 173 arrests for assault with intent to cause grievous bodily harm, 2 602 for drug possession and 64 for hijacked or stolen vehicles,” the Minister said.

    According to SAPS, these successes stem from proactive policing tactics, including high-visibility patrols, roadblocks, stop-and-search initiatives and intelligence-led suspect tracing.

    “SAPS remains committed to relentless, multidisciplinary crime prevention through Operation Shanela and related initiatives. The National Commissioner of Police, General Fannie Masemola, applauds the dedication of all police officers and partners who collaborated with the police,” the South African Police Service said in a statement earlier this week. – SAnews.gov.za

    Edwin

    MIL OSI Africa –

  • MIL-OSI Russia: Moscow introduces artificial intelligence to detect hip osteoarthritis on X-rays.

    Translation. Region: Russian Federal

    Moscow has introduced a new artificial intelligence service to its healthcare system to detect signs of hip osteoarthritis in medical images, making it the 41st modality in which neural networks are helping radiologists, said Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    The artificial intelligence algorithm developed by specialists at the Center for Diagnostics and Telemedicine has undergone thorough testing and is now integrated into the Unified Radiological Information Service (ERIS). “The algorithm automatically identifies potential signs of osteoarthritis – narrowing of the joint space, thickening of the bone, bone spurs, highlighting the affected areas and taking precise measurements,” she said.

    “Currently, artificial intelligence is used in 40 clinical modalities in Moscow. These innovations speed up diagnostics, increase accuracy and reduce the workload of radiologists.”

    Osteoarthritis (OA) is a chronic joint disease characterized by progressive cartilage degradation and bone remodeling. It is common among older people, but can occur at any age. A new artificial intelligence service deployed in Moscow helps radiologists identify key signs of hip OA, including joint space narrowing, subchondral sclerosis (bone thickening), and osteophyte formation. Such automation reduces the time it takes to interpret images, improves diagnostic accuracy, and allows for earlier therapeutic intervention.

    “The AI service improves the efficiency of early detection of hip arthrosis, which allows for timely initiation of treatment and improved patient outcomes.”

    Yuri Vasiliev, chief consultant in radiology at the Moscow Department of Health, emphasized the clinical effect: “Accurate imaging assessment of hip osteoarthritis allows us to accurately determine the stage of hip OA and justify treatment strategies, such as recommendations for activity and pharmacotherapy. The main clinical signs of osteoarthritis include pain when moving and decreased range of motion in the affected joints.”

    The introduction of AI is the result of Moscow’s five-year efforts to introduce computer vision into healthcare. More than 200 AI services have been tested, and about 100 algorithms have been included in the URIS UMIAS system. Currently, about 50 AI tools analyze medical images in real time, increasing the speed and quality of diagnostics in 40 clinical areas.

    The project is a joint effort between the Moscow Social Development Complex, the Center for Diagnostics and Telemedicine, and the city’s Department of Information Technology, highlighting Moscow’s commitment to using artificial intelligence to improve healthcare.

    MIL OSI Russia News –

  • MIL-OSI Russia: Sobyanin: 18 thousand Muscovites became owners of apartments under the renovation program this year

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    More than 18 thousand Muscovites received new housing under the renovation program in 2025. Sergei Sobyanin spoke about this in his telegram channel.

    “From January to June, over 20 residential complexes were completed in Moscow – twice as many as in the same period last year. One of them is a new building at 5 Ilimskaya Street. There are 230 apartments with a total area of over 13 thousand square meters, including apartments for people with disabilities,” the Moscow Mayor specified.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin 

    The house with glazed balconies and loggias has baskets for air conditioners. The facades are decorated in natural shades. The spacious entrance hall has a stroller room and a concierge room.

    The courtyard underwent comprehensive landscaping, CCTV cameras were installed, sports and children’s playgrounds were equipped, as well as a recreation area.

    Since the beginning of 2025, almost all new buildings in the city have been built with the help of prefab technologies. The method allows to reduce construction time by 30-50 percent. The service life of such buildings is 100 years or more. The houses meet all the standards of modern and high-quality housing.

    The first floors of new buildings are designed as non-residential — pharmacies, shops, leisure centers and other social and household facilities are opened there. All residential complexes under the renovation program are built taking into account the criteria of a barrier-free environment. Wide passages in entrances, vestibules and elevator halls are located on the same level, without high steps, and pedestrian passages in the courtyard are designed so that it is comfortable for both parents with strollers and people with disabilities to move around.

    The service is available for participants in the renovation program “Moving Assistance”. City residents are provided with free services of movers and a car for transporting things. Since the beginning of the year, more than 4.5 thousand families have used the service.

    “In total, this year we plan to build about two million square meters of housing under the renovation program. This will allow us to provide new apartments to about 70 thousand city residents,” the Moscow Mayor added.

    Renovation program approved in August 2017. It concerns about a million Muscovites and provides for the resettlement of 5,176 houses. Sergei Sobyanin instructed increase the pace implementation of the program twice.

    Moscow is one of the leaders among regions in terms of construction volumes. High rates of housing construction correspond to the goals and initiatives of the national project “Infrastructure for life”.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/mayor/tkhemes/12998050/

    MIL OSI Russia News –

  • MIL-OSI Russia: Moscow introduces artificial intelligence to detect hip arthrosis on X-rays.

    Moscow has integrated a new artificial intelligence service into its healthcare system to identify signs of hip osteoarthritis in medical images, marking the 41st modality where neural networks assist radiologists. This advancement was announced by Anastasia Rakova, Deputy Mayor of Moscow for Social Development.

    Developed and tested by specialists at the Center for Diagnostics and Telemedicine, the AI algorithm has completed rigorous testing and is now integrated into the Unified Radiological Information Service (URIS). “The algorithm automatically identifies potential osteoarthritis indicators – such as joint space narrowing, bone thickening, and bone spur highlighting affected areas and performing precise measurements”, she stated.

    “Moscow now utilizes AI across 40 clinical modalities. These innovations accelerate diagnosis, improve accuracy, and reduce the workload for radiologists”.

    Osteoarthritis (OA) is a chronic joint disorder characterized by progressive cartilage degradation and bone remodeling. While prevalent among older adults, it can occur at any age. A new AI service deployed in Moscow assists radiologists in identifying key indicators of hip OA, including joint space narrowing, subchondral sclerosis (bone thickening), and osteophyte formation. This automation reduces image interpretation time, enhances diagnostic accuracy, and enables earlier therapeutic intervention.

    “The AI service enhances early detection of hip arthrosis, enabling timely treatment and better patient outcomes.”

    Yuri Vasilev, Moscow’s Chief Consultant for Radiology of the Moscow Healthcare Department, emphasized the clinical impact: “Accurate imaging assessment of hip osteoarthritis allows precise staging of hip OA, informing treatment strategies such as activity recommendations and pharmacotherapy. Key clinical signs of osteoarthritis include pain during ambulation and reduced range of motion in affected joints.”

    This AI deployment builds on five years of Moscow’s pioneering efforts to integrate computer vision in healthcare. Over 200 AI services have been tested, with approximately 100 algorithms incorporated into the URIS UMIAS system. Currently, around 50 AI tools analyze medical images in real-time, improving diagnostic speed and quality across 40 clinical modalities.

    The project is a collaboration between the Moscow Social Development Complex, the Center for Diagnostics and Telemedicine, and the city Department of Information Technology, underscoring Moscow’s commitment to leveraging AI for enhanced medical care.

    MIL OSI Russia News –

  • MIL-OSI Russia: Results of SPIEF-2025.

    As Maksim Liksutov reported, the Moscow Government signed 61 agreements at the forum. A dedicated stand highlighted the city’s transport and industrial sectors.

    Forum guests:

    Learned about the development of the rail framework, unmanned technologies, and an AI-powered video analytics system as part of Moscow Transport’s strategy through 2030

    Explored a model of the innovative Moskva-2026 train

    Saw how batteries for electric transport will be manufactured at the Krasnaya Pakhra site in the city’s Special Economic Zone

    Studied metro maps in Arabic and Chinese

    Examined a prototype of the new ticket vending machine

    Received gifts from Moscow Transport — around 2,000 souvenir sets were distributed in total

    During SPIEF-2025, Moscow Mayor Sergey Sobyanin launched the third route of the city’s regular river electric transport, connecting Novospassky and ZIL and linking four city districts. In addition, Moscow signed a long-term lease agreement for Yaroslavsky Railway Station with Russian Railways (RZD) — a key step toward its comprehensive renovation and integration into the unified Moscow Transport system. An agreement was also signed with Transmashholding for the delivery of one of the largest batches of metro cars for the city’s subway. All these initiatives will make trips for Muscovites even more comfortable, reliable, and safe, — noted Maksim Liksutov.

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: Belt-Road commissioner promotes HK

    Source: Hong Kong Information Services

    Commissioner for Belt & Road Nicholas Ho this week led a delegation to Indonesia and Malaysia to promote Hong Kong’s professional services in the fields of infrastructure and construction and to explore opportunities for co-operation.

    The delegates visited Jakarta, Indonesia on Monday and Tuesday, then proceeded to Kuala Lumpur, Malaysia, yesterday and today. They met government officials, business leaders and representatives of professional organisations and enterprises in both places. The trip concluded today.

    Mr Ho and his delegation visited the Daya Anagata Nusantara Investment Management Agency and the Investment Coordinating Board in Indonesia, as well as the Public Private Partnership Unit of the Prime Minister’s Department and the Malaysian Investment Development Authority in Malaysia, to learn about economic and infrastructural developments in the two places.

    While in Malaysia, they also met the country’s Minister of Transport Loke Siew Fook to learn about the planning and development of Malaysia’s transportation system, with a view to exploring opportunities for Hong Kong’s professional services to participate and contribute.

    In addition, they attended presentations on signature projects in both countries, directly connecting with representatives of local enterprises to explore opportunities for investment and co-operation.

    They also attended business lunch events to promote Hong Kong’s business advantages to local business leaders.

    During the visits, Hong Kong representatives signed 21 Memoranda of Understanding with partners in Indonesia and Malaysia, covering such areas as business collaboration and professional services exchanges.

    While in Jakarta, Mr Ho also visited a data centre, an investment development project led by a Hong Kong company, and heard about the centre’s contribution to the development of the Digital Silk Road.

    Mr Ho highlighted that the Association of Southeast Asian Nations is Hong Kong’s second-largest trading partner and a key link in the Belt & Road Initiative.

    “Indonesia and Malaysia are both undergoing rapid infrastructure development, and there is huge demand for professional services in large-scale projects such as the new capital city of Nusantara in Indonesia and the mass rapid transit system in Malaysia.”

    He stressed that Hong Kong, as a super connector and a super value-adder, upholds international standards in fields such as financing, law, construction engineering, project management, logistics, transportation, and technological innovation.

    “We also have a deep pool of professionals with experience especially in taking forward public-private partnerships in infrastructure projects, presenting extensive room for collaboration with Indonesia and Malaysia to seize the opportunities brought by the Belt & Road Initiative.”

    MIL OSI Asia Pacific News –

  • MIL-OSI Security: Two drug kingpins jailed for life following Met EncroChat investigation

    Source: United Kingdom London Metropolitan Police

    Two men have been jailed for life for importing and dealing a tonne of cocaine and plotting a murder.

    The Met’s investigation uncovered the two men’s plan to commit a murder, as well as their role in delivering millions of pounds worth of drugs across the capital and beyond.

    The evidence of the offences were identified after officers trawled through thousands of messages on encrypted communication service EncroChat.

    Thought to be impenetrable by law enforcement, Met officers accessed chats between James Harding and Jayes Kharouti.

    It was identified that James Harding, 34 (01.01.1991), of Alton, Hampshire, was the head of a sophisticated organised drug dealing network, turning over an estimated £5 million profit in just 10 weeks. Harding resided in Dubai at the time of his arrest.

    Detective Chief Inspector Jim Casey, who led the investigation, said:

    “This sentencing shows the severity of the crimes the duo committed.

    “Following one of the largest EncroChat investigations in the Met’s history, I am pleased that both criminals are serving the time they deserve.

    “Not only did they have a detailed plan to kill, their conspiracy to import and deal drugs harmed a number of our communities in London and across the country.

    “This sends a clear message to other potential offenders: we will investigate and we will put you before the courts.”

    Harding was found guilty by the jury of conspiracy to supply Class A drugs and conspiracy to commit murder on Tuesday, 24 June at The Old Bailey, following a seven-week trial.

    He was sentenced to life at The Old Bailey on Thursday, 26 June, and will have to serve a minimum of 32 years’ imprisonment.

    Kharouti, 39, (09.02.1986) of Depot Road, Epsom, previously admitted to his role in supplying drugs on Friday, 8 November 2024 at The Old Bailey. He was also found guilty of conspiracy to commit murder alongside Harding on Tuesday, 24 June at the same court.

    He was sentenced to life at The Old Bailey on Thursday, 26 June, and will have to serve a minimum of 26 years’ imprisonment.

    Chats on the encrypted messaging site unveiled they both spoke, in detail, about their plan to kill a suspected drug courier from a ‘rival crime network’.

    This case is part of a wider operation to take down those who utilised EncroChat, after the National Crime Agency (NCA) passed information onto the Met after European agencies cracked the encrypted communications platform.

    So far, Met investigations have led to more than 5,000 years-worth of prison sentences for criminals on the site.

    The investigation

    Following the thorough investigation into a series of conversations on EncroChat, the Met discovered Harding used the handle “thetopsking”, while Kharouti used “besttops”. They used the platform to confidently communicate with each other about their vast criminal enterprise.

    The Met spent hundreds of hours reviewing and analysing these messages. Among them were clear conspiracies to carry out a murder of a rival drug gang member with detailed plans, involving recruiting paid hitmen, arranging firearms and getaway vehicles. They had also discussed times, dates and locations.

    This was on top of plans to coordinate deliveries of hundreds of kilograms of cocaine across the country, manage their vast finances and discuss security threats.

    The court heard that approximately 50 importations were made into the UK, with a total weight of one tonne, between April and June 2020.

    This allowed Harding to live a lavish lifestyle in the United Arab Emirates, where he conducted his criminal enterprise.

    The arrests

    Harding was arrested on Monday, 27 December 2021 at Geneva Airport, Switzerland. On Friday, 27 May 2022, he was extradited from Switzerland to the UK when he was arrested by Met officers.

    Kharouti’s home was searched in 2020 after he was linked to the messages. Police found a handset with the same number he gave to Harding. He fled the country shortly after this, before being found in Turkey and extradited back to the UK.

    MIL Security OSI –

  • MIL-OSI: PBK Miner launches new 2-day XRP cloud mining contracts in response to surge in demand from short-term yield investors

    Source: GlobeNewswire (MIL-OSI)

    Carshalton, UK, June 26, 2025 (GLOBE NEWSWIRE) — Against the backdrop of a sharp increase in demand for short-term cryptocurrency investments, PBK Miner, a global cryptocurrency cloud mining platform, today announced the launch of its first 2-day XRP short-term cloud mining contract. The contract is open for a limited time from today until July 30, 2025, and each user is limited to one purchase, providing a new option for XRP investors who want to quickly earn passive income.

    As the practicality of the XRP ecosystem in payment, cross-border settlement and other fields continues to improve, more and more investors hope to achieve a balance between asset liquidity and returns without long-term lock-up. According to the latest report from Messari, the number of active addresses on the XRP chain increased by more than 18% in the first quarter of 2025, and short-term speculative capital inflows were obvious.

    PBK Miner said that this short-term contract product is the first mining strategy tailored for “short-term investors” on the platform, aiming to provide a more flexible and low-threshold value-added method in the current volatile market. At the same time, PBK Miner provides each new user with a limited-time reward of $10.

    “We have observed that a large portion of XRP holders are users who seek daily cash flow and quick returns. This new contract not only meets their requirements for security and sustainability, but also fills the market gap for flexible cloud mining solutions,” said PBK Miner’s product director.

    The main features of the contract:

    The cycle only takes 2 days, which is suitable for short-term investment testing and quick arbitrage;

    Daily profit distribution mechanism to enhance liquidity;

    Buy now and return reward mechanism to improve capital utilization efficiency;

    Access to PBK Miner’s global 30+ green energy mining network to achieve sustainable mining;

    Zero threshold for operation, suitable for novices and experienced users.

    Industry trend background:

    In recent years, digital currency mining has been transforming from a high-investment, high-threshold physical mining model to a “lightweight, green” cloud service model. Especially in the context of ESG (environment, society, governance) standards continuing to influence the digital currency industry landscape, cloud mining platforms with renewable energy capabilities are gaining favor with more and more investors.

    PBK Miner’s green mining network currently covers 183+ countries and regions around the world, all of which have passed third-party renewable energy certification, making it one of the few mining platforms in the industry to achieve “zero-carbon electricity input“.

    About PBK Miner:

    Founded in 2019 and headquartered in the UK, PBK Miner is a technology platform that focuses on providing cloud mining and crypto asset management services. The platform currently serves more than 8 million users and continues to expand its global mining network, committed to building a “safe, transparent, and environmentally friendly” next-generation cloud mining infrastructure.

    Registration and participation methods:

    This 2-day cloud mining contract can be purchased through the official website. All contract users can start mining immediately after purchasing, and the income is settled on a daily basis. PBK Miner said that the product will be available for a limited time in July 2025, and whether it will continue to be available in the future will depend on market feedback. Visit [https://pbkminer.com] now and new users can get a $10 reward.

    Disclaimer: The information provided in this press release does not constitute an investment solicitation, nor does it constitute investment advice, financial advice, or a trading recommendation. Cryptocurrency mining and staking involve risks and may result in loss of funds. It is strongly recommended that you perform due diligence before investing or trading in cryptocurrencies and securities, including consulting a professional financial advisor.

    The MIL Network –

  • MIL-OSI: Palomar and Neptune Partner to Accelerate Growth in U.S. Flood Insurance Market

    Source: GlobeNewswire (MIL-OSI)

    ~ Palomar to Appoint Neptune as Exclusive Managing General Agent for Flood Insurance ~

    LA JOLLA, Calif. and ST. PETERSBURG, Fla., June 26, 2025 (GLOBE NEWSWIRE) — Palomar Holdings, Inc. (“Palomar” NASDAQ: PLMR), a leading specialty insurer, and Neptune Flood (“Neptune”), the largest provider of private flood insurance in the United States, today announced a strategic partnership under which Neptune will become Palomar’s exclusive managing general agent for flood insurance.

    Palomar will continue its longstanding commitment to the private flood insurance market while gaining access to Neptune’s AI-based technology powered by data science and machine learning. The partnership enables both companies to advance their shared mission to deliver a robust technology driven alternative to the National Flood Insurance Program and make flood coverage more accessible to customers nationwide.

    “Neptune’s technology and underwriting capabilities make them an ideal partner as we continue to grow in the flood insurance space,” said Jon Christianson, President of Palomar. “Together, we are expanding flood insurance availability with a streamlined and scalable solution that delivers strong value to our policyholders and partners.”

    “Neptune is excited to add Palomar to our panel of top-tier carriers,” said Trevor Burgess, Chairman and Chief Executive Officer of Neptune Flood. “We look forward to welcoming Palomar’s flood customers to the Neptune platform and to increasing access to flood insurance nationwide.”

    Through the seamless transition, Palomar’s agents will gain access to Neptune’s platform, offering a streamlined quoting and binding experience with enhanced coverage options.

    About Palomar

    Palomar Holdings, Inc. is the holding company of subsidiaries Palomar Specialty Insurance Company (“PSIC”), Palomar Specialty Reinsurance Company Bermuda Ltd. (“PSRE”), Palomar Insurance Agency, Inc., Palomar Excess and Surplus Insurance Company (“PESIC”), Palomar Underwriters Exchange Organization, Inc. (“PUEO”), First Indemnity of America Insurance Co. (“FIA”), and Palomar Crop Insurance Services, Inc. (“PCIS”). Palomar’s consolidated results also include Laulima Exchange (“Laulima”), a variable interest entity for which the Company is the primary beneficiary. Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting, and Crop. Palomar’s insurance subsidiaries, PSIC, PSRE, and PESIC, have a financial strength rating of “A” (Excellent) from A.M. Best. FIA carries an “A-” (Stable) rating from A.M. Best.

    To learn more, visit PLMR.com.

    Follow Palomar on LinkedIn: @PLMRInsurance

    About Neptune

    With nearly 250,000 policies in force, Neptune is the largest private flood insurance provider in the United States, revolutionizing the industry with AI-driven underwriting and data science-driven machine learning technology. Neptune simplifies the flood insurance process, offering instant, affordable, and comprehensive coverage in minutes, without the delays and complexities of traditional insurance. Neptune is committed to closing the flood insurance gap and making coverage accessible nationwide.

    Safe Harbor Statement
    Palomar cautions you that statements contained in this press release may regard matters that are not historical facts but are forward-looking statements. These statements are based on the company’s current beliefs and expectations. The inclusion of forward-looking statements should not be regarded as a representation by Palomar that any of its plans will be achieved. Actual results may differ from those set forth in this press release due to the risks and uncertainties inherent in the Company’s business. The forward-looking statements are typically, but not always, identified through use of the words “believe,” “expect,” “enable,” “may,” “will,” “could,” “intends,” “estimate,” “anticipate,” “plan,” “predict,” “probable,” “potential,” “possible,” “should,” “continue,” and other words of similar meaning. Actual results could differ materially from the expectations contained in forward-looking statements as a result of several factors, including unexpected expenditures and costs, unexpected results or delays in development and regulatory review, regulatory approval requirements, the frequency and severity of adverse events and competitive conditions. These and other factors that may result in differences are discussed in greater detail in the Company’s filings with the Securities and Exchange Commission. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and the Company undertakes no obligation to update such statements to reflect events that occur or circumstances that exist after the date hereof. All forward-looking statements are qualified in their entirety by this cautionary statement, which is made under the safe harbor provisions of the Private Securities Litigation Reform Act of 1995.

    Contact

    Media Inquiries
    Lindsay Conner
    1-551-206-6217
    lconner@plmr.com

    Investor Relations:
    Jamie Lillis
    1-203-428-3223
    investors@plmr.com

    Neptune Media:
    Loren Pomerantz
    loren@combined-forces.com
    917-902-0219

    Source: Palomar Holdings, Inc.

    The MIL Network –

  • MIL-OSI: Mattr Corp. Announces Renewal of Normal Course Issuer Bid

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Mattr Corp. (“Mattr” or the “Company”) (TSX: MATR), today announced that the Toronto Stock Exchange (the “TSX”) has approved the Company’s notice of intention to renew its normal course issuer bid (the “NCIB”) for common shares of the Company (the “Common Shares”).

    Pursuant to the NCIB, the Company may purchase for cancellation up to 4,991,584 Common Shares, representing approximately 10% of the Company’s public float as at June 16, 2025. As at June 16, 2025, the Company had 61,649,707 Common Shares issued and outstanding. The NCIB will commence on June 30, 2025 and terminate one year after its commencement, or earlier if the maximum is reached or the NCIB is terminated at the option of the Company. The Company believes that using the NCIB to return capital to its shareholders will increase shareholder value and further the returns of the Company.

    All purchases pursuant to the NCIB will be made through the facilities of the TSX, or such other permitted means (including through alternative trading systems in Canada, including NEO-N, NEO-L, NEO-D, Crossing Facility, CSE, ICX, Liquidnet, CXC, CX2, CXD, Omega ATS, Lynx ATS, TSX Venture Exchange, TSX Alpha Exchange and MATCH Now (together, the “Other Exchanges”)), at prevailing market prices or as otherwise permitted. The NCIB will be funded using existing cash resources and any Common Shares repurchased by the Company under the NCIB will be cancelled. Other than purchases made under a block purchase exemption pursuant to the rules and policies of the TSX, daily purchases on the TSX pursuant to the NCIB will be limited to 68,375 Common Shares, which represents approximately 25% of the average daily trading volume of 273,500 Common Shares of the Company for the most recently completed six calendar months preceding May 31, 2025.

    The actual number of Common Shares which may be purchased pursuant to the NCIB and the timing of any such purchases will be determined by the Company, subject to applicable law and the rules of the TSX and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities.

    In connection with the NCIB, the Company has entered into an automatic share purchase plan (the “Plan”) with a designated broker (the “Broker”) in order to facilitate repurchases of its outstanding Common Shares under the NCIB. The Plan has been approved by the TSX and will be implemented effective as of June 30, 2025.

    Under the Plan, the Broker may purchase Common Shares under the NCIB at times when the Company would ordinarily not be permitted to, due to its self-imposed regular quarterly black-out periods or special black-out periods. Before the commencement of any particular internal trading black-out period, the Company may, but is not required to, instruct the Broker to make purchases of Common Shares under the NCIB during the ensuing black-out period in accordance with the terms of the Plan. Such purchases will be determined by the Broker based on parameters established by the Company prior to commencement of the applicable black-out period in accordance with the terms of the Plan and applicable TSX rules and/or the rules of the Other Exchanges, if eligible, to the extent made through such facilities. Outside of these black-out periods, Common Shares will continue to be purchasable by the Company and the Broker at the Company’s discretion under the NCIB.

    Under the Company’s previous NCIB commencing June 28, 2024, the Company purchased for cancellation a total of 4,982,824 Common Shares, being the maximum number of Common Shares it was authorized to repurchase, through the facilities of the TSX or by such other permitted means, for an aggregate repurchase price of approximately $65,163,948.95 and at a volume weighted average purchase price of $13.07 per Common Share. The previous NCIB terminated on June 4, 2025, the date the maximum purchase limit had been reached.

    About Mattr

    Mattr is a growth-oriented, global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy and electrification. Its two business segments, Connection Technologies and Composite Technologies, enable responsible renewal and enhancement of critical infrastructure.

    For further information, please contact:

    Meghan MacEachern
    VP, Investor Relations & External Communications
    Tel: 437-341-1848
    Email: meghan.maceachern@mattr.com
    Website: www.mattr.com

    Forward-Looking Information

    This news release contains forward-looking information within the meaning of applicable securities laws, including statements related to the NCIB, the timing and amount of potential purchases and the cancellation of Common Shares under the NCIB and the Plan. Words such as “intend”, “may”, “will”, “should”, “anticipate”, “plan”, “expect”, “believe”, “predict”, “estimate” or similar terminology are used to identify forward-looking information. This forward-looking information is based on assumptions, estimates and analysis made in the light of the Company’s experience and its perception of trends, current conditions and expected developments, as well as other factors that are believed by the Company to be reasonable and relevant in the circumstances. Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from those predicted, expressed or implied by the forward-looking information. The forward-looking information is provided as of the date of this news release and the Company does not assume any obligation to update or revise the forward-looking information to reflect new events or circumstances, except as required by law.

    Source: Mattr Corp.

    The MIL Network –

  • MIL-OSI Economics: Performance of Private Corporate Business Sector during 2024-25

    Source: Reserve Bank of India

    Today, the Reserve Bank released data on the performance of the private corporate sector during 2024-25 drawn from abridged financial results of 3,902 listed non-government non-financial (NGNF) companies. Corresponding data pertaining to 2023-24 are also presented in the tables to enable comparison. The data can be accessed at the web-link https://data.rbi.org.in/DBIE/#/dbie/reports/Statistics/Corporate%20Sector/Listed%20Non-Government%20Non-Financial%20Companies.

    Highlights

    Sales

    • During 2024-25, sales growth of listed private non-financial companies improved to 7.2 per cent from a low of 4.7 per cent during the previous year (Tables 1A).

    • Sales of manufacturing sector companies rose by 6.0 per cent during 2024-25 as compared to 3.5 per cent growth in the previous year, mainly led by automobiles, electrical machinery, food & beverages and pharmaceuticals industries. On the other hand, among the major industries, petroleum and iron & steel industries recorded contraction in their sales during 2024-25 (Tables 2A and 5A, Chart 1).

    • Despite global headwinds, sales growth of IT companies improved to 7.1 per cent during 2024-25 from 5.5 per cent in the previous year. Non-IT services companies recorded double digit sales growth during 2024-25, led by healthy performance of telecommunication, transport & storage services and wholesale & retail trade industries.

    Expenditure

    • In line with acceleration in sales, manufacturing companies’ expenses on raw material rose by 6.6 per cent during 2024-25; raw material to sales ratio increased to 55.7 per cent in 2024-25 from 54.2 per cent a year ago, pointing to input cost pressure (Table 2A and 2B).

    • Staff cost rose by 10.0 per cent, 4.4 per cent and 12.0 per cent during 2024-25 for manufacturing, IT and non-IT services companies, respectively; staff cost to sales ratio broadly remained stable for manufacturing companies while it moderated for services companies.

    Pricing power

    • With increase in the input costs, operating profit growth of manufacturing companies moderated to 6.0 per cent during 2024-25 from 12.4 per cent in the previous year; within services sector, profit growth moderated to 15.9 per cent in 2024-25 for the non-IT services companies, while it inched up to 6.1 per cent for IT companies (Table 2A).

    • During 2024-25, operating profit margin moderated by 20 basis points (bps), 80 bps and 30 bps to 14.2 per cent, 21.9 per cent and 22.1 per cent, respectively, for manufacturing, IT and non-IT services companies (Table 2B, Chart 2).

    Interest expenses

    List of Tables
    Table No. Title
    1 A Performance of Listed Non – Government Non-Financial Companies Growth Rates
    B Select Ratios
    2 A Performance of Listed Non-Government Non-Financial Companies – Sector – wise Growth Rates
    B Select Ratios
    3 A Performance of Listed Non-Government Non-Financial Companies according to Size of Paid-up-Capital Growth Rates
    B Select Ratios
    4 A Performance of Listed Non-Government Non-Financial Companies according to Size of Sales Growth Rates
    B Select Ratios
    5 A Performance of Listed Non-Government Non-Financial Companies according to Industry Growth Rates
    B Select Ratios
    Explanatory Notes
    Glossary of Terms

    Notes:

    (Puneet Pancholy)  
    Chief General Manager

    Press Release: 2025-2026/596

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Operating in the Future Electromagnetic Environment symposium 2025

    Source: United Kingdom – Executive Government & Departments

    News story

    Operating in the Future Electromagnetic Environment symposium 2025

    Representatives from industry, academia and government are invited to join the OFEME symposium to work alongside Dstl’s scientists and shape future thinking.

    The Defence Science and Technology Laboratory (Dstl) hosts its sixth Operating in the Future Electromagnetic Environment (OFEME) symposium from 18 to 20 November 2025 in Newport, Wales.

    The event, supported by the Electromagnetic Environment (EME) Hub, is designed as an in-person event, but there will be options to join virtually if you are unable to join us in Wales.

    Importance of the electromagnetic environment

    The EME is crucial for many sectors including healthcare and mobility (moving people, goods and services), and for a connected society. In defence, spectrum dependent systems are present across land, maritime, air and space. Their uses include communications, sensing, weapons systems and more.

    As demand grows, reliable access to the electromagnetic spectrum becomes more difficult, creating a challenge for UK information advantage and maintaining situational awareness.

    From a defence perspective, adversaries will actively contest access, such as through electromagnetic warfare, to deliberately deny or degrade access. Maintaining freedom of action and delivering effects in and through the congested and contested electromagnetic environment is therefore an essential and growing challenge.

    Symposium details

    The symposium this year will continue to expand its scope included in the previous events.

    The event will cover:

    • shared challenges for operating within the future electromagnetic environment, emerging sensing and PNT technologies, both inside and outside of defence
    • how research and development investment can be harnessed in future approaches

    The event will feature:

    • a range of keynote speakers
    • technical presentations
    • panel discussions
    • poster sessions
    • interactive workshops
    • networking sessions

    These activities will cover advances and implications of a variety of technical topics including:

    • space
    • metamaterials
    • semiconductors
    • electro-optics (to include photonics)
    • quantum advantage (position, navigation and timing (PNT))
    • filamentation
    • filters
    • artificial intelligence
    • semantic communications

    Who can attend

    Academics, industry partners (including small and medium-sized enterprises and non-traditional defence suppliers), PhD students and colleagues from the Ministry of Defence (MOD) and across government are all invited to attend the symposium.

    The event will provide space to network and discuss collaboration opportunities with Dstl scientists to shape future thinking on how to address sensing challenges.

    Pre-register for this event

    You must pre-register your interest online if you would like to attend this symposium, by Friday 3 October 2025.

    You will then receive a link to complete the symposium delegate registration process.

    Submit your poster

    If you would like to create a poster abstract highlighting the themes of the symposium, please complete our online form with a PDF of your poster by 5pm on Friday 12 September 2025.

    We will let you know the outcome of your submission by Friday 19 September 2025.

    Posters will be presented across both of the 2 conference days. Some authors will also be invited to give lightning talks based on their poster abstracts.

    We are also looking for sponsors to support this year’s symposium. Specifically funding towards a 90-minute reception at the end of day 2, which will help promote networking and knowledge sharing. Sponsorship would cover the costs of holding this reception.

    Please let us know if you’re interested in sponsoring by emailing: OFEME_Symposium@dstl.gov.uk by 5pm on Friday 12 September 2025.

    Any information that is to be presented by any party at this symposium and further that is detailed within this event will be deemed to be in the public domain and therefore will not require further approval for its use by the receiving parties not withstanding any rights of ownership of information set in law. We will ask for a PDF copy of your presentation to be sent to us.

    Please email the EME Hub emehub@mailbox.lboro.ac.uk  for any further information.

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI Asia-Pac: DH holds first briefing session for industry on regulatory regime for clinics and small practice clinics (with photo)

    Source: Hong Kong Government special administrative region

    The provisions of the Private Healthcare Facilities Ordinance (Cap. 633) regulating clinics and small practice clinics (SPCs), where registered medical practitioners and/or registered dentists practise, will come into effect on October 13. Operators of clinics and SPCs must obtain a clinic licence or a letter of exemption to continue their operations. Starting from that day, the Department of Health (DH) will begin accepting applications for clinic licences as well as requests for letters of exemption for SPCs. To help the industry fully understand the legal requirements, the DH today (June 26) held the first in-person briefing session, which was well attended by nearly 200 participants.
     
    The Ordinance provides for transitional arrangements for clinics that were already in operation on or before November 30, 2018. Operators of such clinics must submit applications for clinic licences to the Director of Health (DoH) between October 13, 2025, and April 13, 2026. Depending on the circumstances, the DH may issue a provisional licence to allow these clinics to continue their operation before a full licence is issued. This allows operators to make the necessary modifications to their clinics for complying with licensing requirements. The provisional licence will expire on any of the following: the date specified by the Secretary for Health for the expiry of provisions pertaining to provisional licences; the issuance of a full licence to the licensee; or the withdrawal or rejection of the full licence application.
     
    For clinics that commenced operation after November 30, 2018 (including new establishments or those relocated to new premises), operators may apply directly to the DoH for a full licence from October 13 onwards.
     
    For SPCs (i.e. clinics with no more than five registered medical practitioners and/or registered dentists that meet specific conditions under the Ordinance), operators may submit request for a letter of exemption to the DoH starting from October 13 for continued operation without obtaining a licence. The DH will issue letters of exemption to those meeting the requirements of the Ordinance.
     
    To help the industry fully understand the regulations, the DH has launched a publicity campaign on its website since the first quarter of this year and will progressively step up these efforts through various channels, including professional organisations, press releases, television announcements, and radio broadcasts. The DH will also arrange multiple briefing sessions for stakeholders from July to September to explain the application details and points to note. Please visit the website of the Office for Regulation of Private Healthcare Facilities (www.orphf.gov.hk) for details.

    MIL OSI Asia Pacific News –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – WAREHOUSE REIT PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		    
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree    		 Warehouse REIT plc  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure    		 25 June 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”    		 YES
    TRITAX BIG BOX REIT PLC    		  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1 ordinary (GB00BD2NCM38)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 2,172,298 0.51 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 2,172,298 0.51 %      
       
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    		  
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    		  
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
             
       
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 26 June 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI Africa: World Bank loan ‘aligned with National Treasury’s principles’

    Source: South Africa News Agency

    The recently announced US$1.5 billion Development Policy Loan Agreement signed between the South African government and the World Bank will be used to unlock infrastructure bottlenecks in South Africa.

    This according to Minister in the Presidency Khumbudzo Ntshavheni who held a post-Cabinet media briefing in Cape Town on Thursday.

    National Treasury announced the loan agreement in a statement on Monday.

    “Cabinet was updated on the US$1.5 billion Development Policy Loan Agreement signed between the South African government and the World Bank that will be used to ensure inclusive economic growth and job creation. 

    “The loan is aligned with the National Treasury’s principles that forms part of the government’s broader efforts to implement structural reforms and will be used to unlock key infrastructure bottlenecks, particularly in the energy and freight transport sectors.

    “The loan support is anchored on three pillars of structural reforms: improving energy security, enhancing the efficiency and competitiveness of freight transport services and supporting South Africa’s transition toward a low carbon economy, which are the backbone of government’s priority of inclusive growth and job creation,” she said.

    Turning to the South African Renewable Energy Masterplan (SAREM), Cabinet has welcomed its launch.

    The masterplan was launched earlier this month and is aimed at driving localised manufacturing, skills development and job creation.

    “SAREM which was approved by Cabinet in March this year, aims to support the local demand for renewable energy and drive industrial development while ensuring a just energy transition,” Ntshavheni noted.

    Foot and mouth disease vaccines

    Cabinet has also welcomed the arrival of “much-needed vaccines, sourced from Botswana, to combat the foot and mouth disease (FMD) outbreak in certain parts of the country”.

    “The vaccines are being distributed and administered free of charge to the affected areas, especially in KwaZulu-Natal (KZN) and those farms in other provinces where the disease has been identified. 

    “A second batch of vaccines is on order with the Botswana Vaccine Institute,” Ntshavheni said. – SAnews.gov.za

    MIL OSI Africa –

  • MIL-OSI Russia: The creation of a high-altitude park on the site of the Moscow monorail will begin at the end of June

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    The monorail site will be replaced by the first year-round high-altitude park in Russia. This idea The Active Citizen project supported more than 71 percent participants of the vote.

    The monorail will stop working on June 28. Part of the overpass — from the Vystavochny Tsentr station to the monorail depot, including the Ulitsa Sergeya Eisensteina station — will be dismantled to make the view of the main entrance of VDNKh even more attractive. The park is scheduled to open in 2027.

    Today, the monorail has alternatives. These are convenient and fast routes through new metro and MCC stations, as well as tram, bus and electric bus routes – they partially duplicate its route.

    After the closure, all monorail system employees will be offered new jobs in other parts of the city’s transport system.

    The monorail was built over 20 years ago, but during this time it has not become a full-fledged part of the city’s transport system. A planned inspection revealed the need for major repairs. Today, the monorail is a tourist attraction, its passenger flow is less than two thousand people per day. These are mainly guests of the capital or Muscovites who use it occasionally. For comparison: eight thousand passengers a day travel by cable car on Vorobyovy Gory. Most city residents choose convenient and fast routes through the new metro and MCC stations, as well as trams and buses with electric buses.

    The monorail will get a second life in the form of a new park space for residents and guests of the capital. On the territory of 40 thousand square meters, they plan to arrange a running track, alleys, cafes and places for rest. The park will be open around the clock, admission is free. This place will become a new landmark of Moscow. Here you can meet with friends and family, play sports, walk dogs, relax with children.

    Get the latest news quickly official telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155889073/

    MIL OSI Russia News –

  • MIL-OSI Russia: Denis Manturov held a meeting on the development of food engineering.

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.

    First Deputy Prime Minister Denis Manturov held a meeting on the development of mechanical engineering for food and processing industries. The event was attended by representatives of the Ministry of Industry and Trade, the Ministry of Agriculture, as well as leading associations, industry enterprises and food producers.

    The participants of the meeting discussed the current situation and development prospects of the industry, the technological independence of which plays an important role in ensuring food security in Russia. Food engineering includes 12 key sub-sectors – from equipment for the flour and cereal industry to packaging and filling machines. Today, the industry is ready to almost completely cover the market demand for equipment for the grain industry, catering, and packaging machines. The average level of equipment localization here is more than 50%. It is planned to gradually expand the presence of domestic manufacturers in other equipment segments.

    More than 270 enterprises are involved in the production of equipment for the food and processing industry. According to the results of last year, the market volume demonstrated significant growth and exceeded 377 billion rubles, which is a third more than the 2023 figure. At the same time, the production volume in all segments increased by almost 55% compared to 2023 and amounted to 216 billion rubles. The leader in growth was the livestock equipment sector, where production volumes increased more than 2 times. In 2025, the industry continues to show positive dynamics in production volumes, despite the high base of last year.

    To support domestic manufacturers and stimulate the purchase of high-performance Russian equipment, the Russian Ministry of Industry and Trade is implementing a program of subsidizing discounts on special equipment and machinery, thanks to which almost 81 thousand units of equipment have been sold in 4 years (from 2021 to 2024). Over the next three years, 38 billion rubles have been allocated for this program, of which 12 billion rubles are for this year. In parallel, R&D support is provided, allowing for the development of serial production of new types of equipment and components that previously had no Russian analogues. This tool is also relevant for food industry enterprises that intend to produce the necessary equipment in Russia at their own facilities. For example, farmer and cheese maker Oleg Sirota received support for the implementation of a project to develop and launch a domestic cheese production line into series production. In addition, food engineering enterprises have access to preferential loans from the Industrial Development Fund. Since last year alone, a decision was made to support 5 projects, the amount of preferential loans for them exceeded 1.2 billion rubles.

    At the same time, conceptually new approaches to industry work have been formed at the moment, aimed at building an effective chain of interaction between consumers and producers. The processes of development and launching new types of equipment into serial production are built around the needs of potential buyers, who, in turn, determine the need for such equipment in advance. This allows machine builders to correctly distribute production resources, calculate the terms and cost of project implementation, as well as its prospective payback. Government support measures are also focused specifically on projects that are implemented in accordance with the technical specifications of food industry enterprises. During the meeting, the first results of projects organized within the framework of such interaction were presented.

    The meeting also considered the issue of import substitution and reengineering of equipment and components that are critical for the stable operation of the agro-industrial complex. Work in this area is being carried out by the Russian Ministry of Industry and Trade together with the Russian Ministry of Agriculture and the Agency for Technological Development (ATD). In 2022–2025, the ADT supported 59 projects in the interests of mechanical engineering for the food and processing industries for a total of over 760 million rubles.

    Special attention at the meeting was paid to the issue of re-equipping food service facilities in educational institutions of the DPR, LPR, Zaporizhia and Kherson regions with domestic equipment, work on which has been underway since 2023. Over the past period, local institutions have been supplied with over 18 thousand units of equipment, which made it possible to provide hot meals for children in almost 1.7 thousand schools and kindergartens.

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

    MIL OSI Russia News –

  • MIL-OSI: Range Resources Publishes 2024-2025 Corporate Sustainability Report

    Source: GlobeNewswire (MIL-OSI)

    FORT WORTH, Texas, June 26, 2025 (GLOBE NEWSWIRE) — RANGE RESOURCES CORPORATION (NYSE: RRC) today published its 2024-2025 Corporate Sustainability Report. The report illustrates the Company’s focus on sustainably developing the energy the world needs.

    “Operational excellence and environmental responsibility go hand in hand – delivering sustainable performance today, and long-term value well into the future,” said Dennis Denger, the Company’s CEO, “the natural gas and natural gas liquids we produce in Pennsylvania are economically and environmentally advantaged due in large part to the innovative culture Range has built. The latest report reflects our disciplined approach that prioritizes environmental stewardship, efficient operations and financial strength.”

    Corporate Sustainability Report Highlights

    Range achieved Net Zero Scope 1 and 2 GHG emissions through direct emissions reductions and verified carbon offsets for 2024 emissions, ahead of its 2025 goal. This milestone was the result of a focused strategy to reduce direct emissions through operational efficiencies, best emission management practices, and deploying new technologies. Range’s GHG and methane emissions intensity were reduced by 43% and 83% respectively, since 2019, exceeding initial targets. To complement these efforts in reaching net zero, Range invested in high quality, verified carbon credits, and retired them through credible registries.

    Environmental Stewardship

    • 43% reduction in GHG emission intensity since 2019 
    • 83% reduction in methane emissions intensity since 2019 
    • 33% reduction in total number of reportable spills ≥ 1 bbl compared to 2023 
    • Recycled approximately 100% of flowback and produced water generated from our operations 
    • “A” grade MiQ certification for all production

    Safety Leadership 

    • 0.17 Employee Days Away, Restricted, or Transferred (DART) Rate 
    • 0.33 Employee Total Recordable Incident Rate (TRIR) 
    • Range employees completed more than 3,000 hours of safety training 

    Human Capital Management 

    • Average employee tenure rate of ~10 years 
    • Managers completed 1,680+ hours of leadership/ management training 
    • Employees completed 16.8 hours of training on average 

    Responsible Governance

    • Earned a “AA” MSCI ESG Rating 
    • Ranked first among Appalachian producers and outperformed or met the industry averages in all five categories of JUST Capital’s Most JUST Companies rankings
    • Named to Newsweek’s list of America’s Most Responsible Companies for the fourth consecutive year 

    Community Impact 

    • Paid over $5 billion, to date, in impact fees, royalty and lease payments, and charitable contributions benefiting Pennsylvania communities  
    • Invested $1.2 million into our communities, including $213,500 to first responders through Range’s Good Neighbors Fund 
    • Range employees volunteered a Company record 3,100+ hours in support of community organizations 
    • Awarded grants to 449 local grassroot nonprofit organizations 

    The full Corporate Sustainability Report is available at www.rangeresources.com/sustainability.

    About Range Resources’ 2024-2025 Sustainability Report

    Range’s Sustainability Report incorporates feedback from key stakeholders and was developed in alignment with current best practice sustainability reporting standards and frameworks, which include guidelines and recommendations by the Global Reporting Initiative (GRI), the Sustainability Accounting Standards Board (SASB), the IPIECA (formerly known as the International Petroleum Industry Environmental Conservation Association), the TCFD framework, and the American Exploration & Production Council (AXPC) ESG Metrics Framework.

    RANGE RESOURCES CORPORATION (NYSE: RRC) is a leading U.S. independent natural gas and NGL producer with operations focused in the Appalachian Basin. The Company is headquartered in Fort Worth, Texas. More information about Range can be found at www.rangeresources.com.

    Included within this release are certain “forward-looking statements” within the meaning of the federal securities laws, including the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, that are not limited to historical facts, but reflect Range’s current beliefs, expectations or intentions regarding future events.  Words such as “may,” “will,” “could,” “should,” “expect,” “plan,” “project,” “intend,” “anticipate,” “believe,” “outlook”, “estimate,” “predict,” “potential,” “pursue,” “target,” “continue,” and similar expressions are intended to identify such forward-looking statements.

    All statements, except for statements of historical fact, made herein regarding activities, events or developments the Company expects, believes or anticipates will or may occur in the future, such as those regarding future well costs, expected asset sales, well productivity, future emissions and carbon offsets, future liquidity and financial resilience, anticipated exports and related financial impact, natural gas and NGL market supply and demand, improving commodity fundamentals and pricing, future capital efficiencies, future shareholder value, emerging plays, capital spending, anticipated drilling and completion activity, acreage prospectivity, expected pipeline utilization and future guidance information, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements are based on assumptions and estimates that management believes are reasonable based on currently available information; however, management’s assumptions and Range’s future performance are subject to a wide range of business risks and uncertainties and there is no assurance that these goals and projections can or will be met. Any number of factors could cause actual results to differ materially from those in the forward-looking statements. Further information on risks and uncertainties is available in Range’s filings with the Securities and Exchange Commission (SEC), including its most recent Annual Report on Form 10-K. Unless required by law, Range undertakes no obligation to publicly update or revise any forward-looking statements to reflect circumstances or events after the date they are made.

    SOURCE: Range Resources Corporation

    Range Investor Contact:

    Laith Sando, Senior Vice President – Corporate Strategy & Investor Relations
    817-869-4267
    lsando@rangeresources.com

    Range Media Contact:

    Mark Windle, Director of Corporate Communications
    724-873-3223
    mwindle@rangeresources.com

    The MIL Network –

  • MIL-OSI: Abaxx Announces Digital Title Pilot to Unlock the Collateral Value of Physical Commodities Through its Integrated Market Infrastructure

    Source: GlobeNewswire (MIL-OSI)

    TORONTO, June 26, 2025 (GLOBE NEWSWIRE) — Abaxx Technologies Inc. (CBOE:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, today announced it intends to conduct a pilot transaction to finance margin with physical gold using its ID++ Technology to create real-time digital documents of title.

    This pilot will demonstrate the use of Abaxx’s Private Digital Title, a cryptographically-secured document of title for physical gold held at Abaxx Spot, to finance cash margin requirements for a gold futures position. By unlocking the collateral value of real-world assets, the initiative advances Abaxx’s broader effort to modernize collateralization and increase capital efficiency across commodity markets, including the unique ability to move real-time collateral privately through a federated network.

    Abaxx’s Private Digital Title Pilot Highlights

    • Demonstrates the integration of Abaxx Exchange and Clearing, Abaxx Spot, and ID++ Technology, activating the full stack of Abaxx infrastructure to address inefficiencies in commodity markets and supply-chain risk management.
    • Lays the groundwork for expanding the pool of high quality liquid asset (“HQLA”) collateral to include physically-held commodities and for netting physical and financial positions, reducing capital costs and inefficiencies in risk management.
    • Operates across the full commodity transaction lifecycle with integrated counterparty verification that keeps transaction data private from unrelated intermediaries and public ledger records, removing a key barrier to token adoption in global commodity markets.
    • Leverages Verifiable Credentials to issue legally-enforceable digital documents of title, preserving confidentiality, improving collateral mobility, and aligning with global legal standards like the United Nations Commission on International Trade Law’s (UNCITRAL) Model Law on Electronic Transferable Records (MLETR).

    “For decades, innovations in payment systems have accelerated the velocity of money while the immense value of physical assets has remained locked in slow, analog workflows,” said Josh Crumb, CEO of Abaxx Technologies. “What stablecoins and modern payment rails are to bank money, Abaxx is to physical collateral. We are building the tools to free your physical assets. This pilot will be the first end-to-end demonstration of our smarter markets architecture, where regulated market infrastructure and decentralized financial technology work together to turn physical commodities into dynamic, real-time financial instruments at the heart of financial clearing systems.”

    A New Framework for Digital Collateral

    Abaxx’s vision is to re-engineer the relationship between physical assets and financial risk management. To support this transformation, the Company has developed multi-layered market infrastructure designed to connect physical assets to financial workflows, anchored by a regulated futures exchange and clearinghouse, a spot market for physically-allocated gold, and Abaxx’s proprietary ID++ Technology and suite of console apps, including Verifier+, Abaxx Messenger, and Abaxx Sign.

    This infrastructure addresses two persistent challenges for commodity producers, traders, and financiers: limited collateral mobility and the high cost of managing basis and counterparty risk. It seeks to expand the pool of high-quality collateral to include real-world assets and creates the potential to reduce capital and operational costs by enabling the netting of physical and financial positions.

    Legal ownership of physical assets is digitized using Verifiable Credentials as documents of title, unlike tokenization models that rely on centralized issuance or new legal constructs. Abaxx’s approach is designed to reduce legal and operational friction, shorten onboarding timelines, and enable more flexible, direct use of physical commodities as collateral without compromising confidentiality or enforceability.

    The intended result is a system where physical assets support a flexible credit facility, transforming inventory from untapped collateral into a real-time financial resource.

    About the Pilot

    This pilot represents the first application of Abaxx’s Private Digital Title across the Company’s integrated exchange, clearing, and spot market infrastructure. It is intended to demonstrate how a cryptographically-secured Private Digital Title can act as a document of title for physical gold and finance the margin requirements of a gold futures position, replacing traditional warehouse receipts with a legally-enforceable digital document of title.

    As part of this framework, Abaxx’s Private Digital Title can embed legal terms and asset history, including attributes such as its provenance or environmental footprint, directly to the asset’s digital identity, supporting evolving market expectations around traceability.

    By increasing the pool of eligible collateral, increasing collateral mobility, and enhancing transparency, the initiative targets a $47 billion opportunity in gold trade finance¹ and lays the foundation for broader applications across commodity markets.

    Join the Working Group

    This pilot transaction is planned to take place in 4Q2025. Interested parties, including clearing firms, brokers, traders, custodians, banks, and technologists who would like to participate in our working group are invited to contact us at digitaltitle@abaxx.tech for more information.

    ¹ Source: ICC Trade Register Summary Report: Global Risks in Trade Finance, International Chamber of Commerce, November 2023.

    About Abaxx Technologies
    Abaxx Technologies is building Smarter Markets: markets empowered by better tools, better benchmarks, and better technology to drive market-based solutions to the biggest challenges we face as a society, including the energy transition.

    In addition to developing and deploying financial technologies that make communication, trade, and transactions easier and more secure, Abaxx is the majority shareholder of Abaxx Singapore Pte. Ltd., the owner of Abaxx Exchange and Abaxx Clearing, and the parent company of wholly owned subsidiary Abaxx Spot Pte. Ltd., the operator of Abaxx Spot.

    Abaxx Exchange delivers the market infrastructure critical to the shift toward an electrified, low-carbon economy through centrally-cleared, physically-deliverable futures contracts in LNG, carbon, battery materials, and precious metals, meeting the commercial needs of today’s commodity markets and establishing the next generation of global benchmarks.

    Abaxx Spot modernizes physical gold trading through a physically-backed gold pool in Singapore. As the first instance of a co-located spot and futures market for gold, Abaxx Spot enables secure electronic transactions, efficient OTC transfers, and is designed to support physical delivery for Abaxx Exchange’s physically-deliverable gold futures contract, providing integrated infrastructure to deliver smarter gold markets.

    For more information, visit abaxx.tech | abaxx.exchange | abaxxspot.com | basecarbon.com | smartermarkets.media

    For more information about this press release, please contact:

    Steve Fray, CFO
    Tel: +1 647-490-1590

    Media and investor inquiries:

    Abaxx Technologies Inc.
    Investor Relations Team
    Tel: +1 246 271 0082
    E-mail: ir@abaxx.tech

    Cautionary Statement Regarding Forward-Looking Information

    This press release includes certain “forward-looking statements” and “forward-looking information” (collectively, “forward-looking statements”) within the meaning of applicable Canadian securities laws. All statements other than statements of historical fact are forward-looking statements. Forward-looking statements are often, but not always, identified by the use of words such as “believe”, “anticipate”, “estimate”, “project”, “intend”, “expect”, “may”, “will”, “plan”, “should”, “would”, “could”, “target”, “purpose”, “goal”, “objective”, “ongoing”, “potential”, “likely” or the negative thereof or similar expressions.

    In particular, this press release contains forward-looking statements including, without limitation, statements regarding the potential results, benefits and market impact of the pilot transaction, the Company’s business strategies, plans, and objectives, the development of new markets and products, expectations regarding Abaxx’s partnerships, demand for Abaxx’s products and market adoption and regulatory approvals. Forward-looking statements are based on the reasonable assumptions, estimates, analyses and opinions of management made in light of its experience and its perception of trends, current conditions and expected developments, as well as other factors that management believes to be relevant and reasonable in the circumstances at the date that such statements are made, but which may prove to be incorrect. Such factors impacting forward-looking information include, among others: risks relating to the global economic climate; dilution; Abaxx’s limited operating history; future capital needs and uncertainty of additional financing; the competitive nature of the industry; currency exchange risks; the need for Abaxx to manage its planned growth and expansion; the effects of product development and need for continued technology change; protection of proprietary rights; the effect of government regulation and compliance on Abaxx and the industry; acquiring and maintaining regulatory approvals for Abaxx’s products and operations; the ability to list Abaxx’s securities on stock exchanges in a timely fashion or at all; network security risks; the ability of Abaxx to maintain properly working systems; reliance on key personnel; global economic and financial market deterioration impeding access to capital or increasing the cost of capital; and volatile securities markets impacting security pricing unrelated to operating performance. In addition, particular factors which could impact future results of the business of Abaxx include but are not limited to: operations in foreign jurisdictions; protection of intellectual property rights; contractual risk; third-party risk; clearinghouse risk; malicious actor risks; third- party software license risk; system failure risk; risk of technological change; dependence of technical infrastructure; and changes in the price of commodities, capital market conditions, restriction on labor and international travel and supply chains, and the risk factors identified in the Company’s most recent management discussion and analysis filed on SEDAR+. Abaxx has also assumed that no significant events occur outside of Abaxx’s normal course of business.

    Abaxx cautions that the foregoing list of material factors is not exhaustive. In addition, although Abaxx has attempted to identify important factors that could cause actual results to differ materially, there may be other factors that cause results not to be as anticipated, estimated, or intended. When relying on forward-looking statements and information to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and potential events. Abaxx has assumed that the material factors referred to in the previous paragraphs will not cause such forward-looking statements and information to differ materially from actual results or events. However, the list of these factors is not exhaustive and is subject to change and there can be no assurance that such assumptions will reflect the actual outcome of such items or factors. The forward-looking statements and information contained in this press release represents the expectations of Abaxx as of the date of this press release and, accordingly, is subject to change after such date. Abaxx undertakes no obligation to update or revise any forward-looking statements and information, whether as a result of new information, future events or otherwise, except as required by law. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements and information. Cboe Canada does not accept responsibility for the adequacy or accuracy of this press release.

    The MIL Network –

  • MIL-OSI: GDS Announces Results of Annual General Meeting of Shareholders

    Source: GlobeNewswire (MIL-OSI)

    SHANGHAI, China, June 26, 2025 (GLOBE NEWSWIRE) — GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced that it held its Annual General Meeting of Shareholders (“2025 AGM”) on June 26, 2025. Each of the resolutions submitted to the shareholders for approval at the 2025 AGM has been approved.

    Specifically, the shareholders of the Company passed ordinary resolutions approving:

    1. Re-election of Mr. William Wei Huang as a director of the Company;
    2. Re-election of Ms. Bin Yu as a director of the Company;
    3. Re-election of Mr. Zulkifli Baharudin as a director of the Company;
    4. Confirmation of the appointment of KPMG Huazhen LLP as independent auditor of the Company for the fiscal year ending December 31, 2025;
    5. Authorization of the Board of Directors of the Company to allot or issue, in the 12-month period from the date of the 2025 AGM, ordinary shares or other equity or equity-linked securities of the Company up to an aggregate thirty per cent. (30%) of its existing issued share capital of the Company at the date of the 2025 AGM, whether in a single transaction or a series of transactions (OTHER THAN any allotment or issues of shares on the exercise of any options that have been granted by the Company); and
    6. Authorization of each of the directors and officers of the Company to take any and every action that might be necessary to effect the foregoing resolutions as such director or officer, in his or her absolute discretion, thinks fit.

    About GDS Holdings Limited

    GDS Holdings Limited (NASDAQ: GDS; HKEX: 9698) is a leading developer and operator of high-performance data centers in China. The Company’s facilities are strategically located in and around primary economic hubs where demand for high-performance data center services is concentrated. The Company’s data centers have large net floor area, high power capacity, density and efficiency, and multiple redundancies across all critical systems. GDS is carrier and cloud-neutral, which enables its customers to access the major telecommunications networks, as well as the largest PRC and global public clouds, which are hosted in many of its facilities. The Company offers co-location and a suite of value-added services, including managed hybrid cloud services through direct private connection to leading public clouds, managed network services, and, where required, the resale of public cloud services. The Company has a 24-year track record of service delivery, successfully fulfilling the requirements of some of the largest and most demanding customers for outsourced data center services in China. The Company’s customer base consists predominantly of hyperscale cloud service providers, large internet companies, financial institutions, telecommunications carriers, IT service providers, and large domestic private sector and multinational corporations. The Company also holds a non-controlling 35.6% equity interest in DayOne Data Centers Limited which develops and operates data centers in International markets.

    For investor and media inquiries, please contact:

    GDS Holdings Limited
    Laura Chen
    Phone: +86 (21) 2029-2203
    Email: ir@gds-services.com

    Piacente Financial Communications
    Ross Warner
    Phone: +86 (10) 6508-0677
    Email: GDS@tpg-ir.com

    Brandi Piacente
    Phone: +1 (212) 481-2050
    Email: GDS@tpg-ir.com

    GDS Holdings Limited

    The MIL Network –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – TRITAX BIG BOX REIT PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		    
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree    		 TRITAX BIG BOX REIT PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure    		 25 June 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”    		 YES
    Warehouse REIT plc    		  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1 ordinary (GB00BG49KP99)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 29,004,767 1.17 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 29,004,767

    *

    		 1.17 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 83,742 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    		  
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    		  
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    1p ordinary (GB00BG49KP99) Sale 31,951 1.4678 GBP  
    1p ordinary (GB00BG49KP99) Sale 204,677 1.4725 GBP  

    There was a Transfer Out of -5,643 shares of 1p ordinary

    		  
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 26 June 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-OSI: Dimensional Fund Advisors Ltd. : Form 8.3 – TRITAX BIG BOX REIT PLC – Ordinary Shares

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1. KEY INFORMATION  
       
    (a) Full name of discloser: Dimensional Fund Advisors Ltd. in its capacity as investment advisor and on behalf its affiliates who are also investment advisors (”Dimensional”). Dimensional expressly disclaims beneficial ownership of the shares described in this form 8.3.  
    (b) Owner or controller of interests and short positions disclosed, if different from 1(a):
    The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.    		    
    (c) Name of offeror/offeree in relation to whose relevant securities this form relates:
    Use a separate form for each offeror/offeree    		 TRITAX BIG BOX REIT PLC  
    (d) If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:    
    (e) Date position held/dealing undertaken:
    For an opening position disclosure, state the latest practicable date prior to the disclosure    		 25 June 2025  
    (f) In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
    If it is a cash offer or possible cash offer, state “N/A”    		 YES
    Warehouse REIT plc    		  
       
    2. POSITIONS OF THE PERSON MAKING THE DISCLOSURE  
    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.  
    (a) Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)  
       
    Class of relevant security: 1 ordinary (GB00BG49KP99)  
      Interests Short Positions  
      Number % Number %  
    (1) Relevant securities owned and/or controlled: 29,004,767 1.17 %      
    (2) Cash-settled derivatives:          
    (3) Stock-settled derivatives (including options) and agreements to purchase/sell:          
      Total 29,004,767

    *

    		 1.17 %      
    * Dimensional Fund Advisors LP and/or its affiliates do not have discretion regarding voting decisions in respect of 83,742 shares that are included in the total above.  
       
    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    		  
       
       
    (b) Rights to subscribe for new securities (including directors’ and other employee options)  
       
    Class of relevant security in relation to which subscription right exists:    
    Details, including nature of the rights concerned and relevant percentages:    
       
    3. DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE  
       
    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    		  
    (a) Purchases and sales  
       
    Class of relevant security Purchase/sale Number of securities Price per unit  
    1p ordinary (GB00BG49KP99) Sale 31,951 1.4678 GBP  
    1p ordinary (GB00BG49KP99) Sale 204,677 1.4725 GBP  

    There was a Transfer Out of -5,643 shares of 1p ordinary

    		  
    (b) Cash-settled derivative transactions  
       
    Class of relevant security Product description e.g. CFD Nature of dealing e.g. opening/closing a long/short position, increasing/reducing a long/short position Number of reference securities Price per unit  
               
       
    (c) Stock-settled derivative transactions (including options)
     
    (i) Writing, selling, purchasing or varying
     
    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type e.g. American, European etc. Expiry date Option money paid/ received per unit
                   
       
    (ii) Exercise  
       
    Class of relevant security Product description e.g. call option Exercising/ exercised against Number of securities Exercise price per unit  
               
       
    (d) Other dealings (including subscribing for new securities)  
                 
    Class of relevant security Nature of dealing e.g. subscription, conversion Details Price per unit (if applicable)  
             
       
    4. OTHER INFORMATION  
       
    (a) Indemnity and other dealing arrangements  
       
    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (b) Agreements, arrangements or understandings relating to options or derivatives  
       
    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i) the voting rights of any relevant securities under any option; or
    (ii) the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”    		  
    None  
       
    (c) Attachments  
       
    Is a Supplemental Form 8 (Open Positions) attached? NO  
       
    Date of disclosure 26 June 2025  
    Contact name Thomas Hone  
    Telephone number +44 20 3033 3419  
       

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network –

  • MIL-Evening Report: ‘Don’t surrender’ to Indonesian pressure over West Papua, Bomanak warns MSG

    Asia Pacific Report

    A West Papuan independence movement leader has warned the Melanesian Spearhead Group after its 23rd leaders summit in Suva, Fiji, to not give in to a “neocolonial trade in betrayal and abandonment” over West Papua.

    While endorsing and acknowledging the “unconditional support” of Melanesian people to the West Papuan cause for decolonisation, OPM chair and commander Jeffrey P Bomanak
    spoke against “surrendering” to Indonesia which was carrying out a policy of “bank cheque diplomacy” in a bid to destroy solidarity.

    Fiji Prime Minister Sitiveni Rabuka took over the chairmanship of the MSG this week from his Vanuatu counterpart Jotham Napat and vowed to build on the hard work and success that had been laid before it.

    He said he would not take the responsibility of chairmanship lightly, especially as they were confronted with an increasingly fragmented global landscape that demanded more from them.

    PNG Prime Minister James Marape called on MSG member states to put West Papua and Kanaky New Caledonia back on the agenda for full MSG membership.

    Marape said that while high-level dialogue with Indonesia over West Papua and France about New Caledonia must continue, it was culturally “un-Melanesian” not to give them a seat at the table.

    West Papua currently holds observer status in the MSG, which includes Papua New Guinea, Solomon Islands, Vanuatu, and Fiji — and Indonesia as an associate member.

    PNG ‘subtle shift’
    PNG recognises the West Papuan region as five provinces of Indonesia, making Marape’s remarks in Suva a “subtle shift that may unsettle Jakarta”, reports Gorethy Kenneth in the PNG Post-Courier.

    West Papuans have waged a long-standing Melanesian struggle for independence from Indonesia since 1969.

    The MSG resolved to send separate letters of concern to the French and Indonesian presidents.

    The OPM letter warning the MSG. Image: Screenshot APR

    In a statement, Bomanak thanked the Melanesians of Fiji, Papua New Guinea, Solomon Islands, Vanuatu and the Kanak and Socialist National Liberation Front (FLNKS) of Kanaky New Caledonia for “unconditionally support[ing] your West Papuan brothers and sisters, subjected to dispossession, enslavement, genocide, ethnocide, infanticide, and ethnic cleansing, [as] the noblest of acts.”

    “We will never forget these Melanesian brothers and sisters who remain faithfully loyal to our cultural identity no matter how many decades is our war of liberation and no matter how many bags of gold and silver Indonesia offers for the betrayal of ancestral kinship.

    “When the late [Vanuatu Prime Minister] Father Walter Lini declared, ‘Melanesia is not free unless West Papua is free,”’ he was setting the benchmark for leadership and loyalty across the entire group of Melanesian nations.

    “Father Lini was not talking about a timeframe of five months, or five years, or five decades.

    “Father Lini was talking about an illegal invasion and military occupation of West Papua by a barbaric nation wanting West Papua’s gold and forests and willing to exterminate all of us for this wealth.

    ‘Noble declaration’
    “That this noble declaration of kinship and loyalty now has a commercial value that can be bought and sold like a commodity by those without Father Lini’s courage and leadership, and betrayed for cheap materialism, is an act of historic infamy that will be recorded by Melanesian historians and taught in all our nations’ universities long after West Papua is liberated.”

    OPM leader Jeffrey Bomanak . . . his letter warns against surrendering to Indonesian control. Image: OPM

    Bomanak was condemning the decision of the MSG to regard the “West Papua problem” as an internal issue for Indonesia.

    “The illegal occupation of West Papua and the genocide of West Papuans is not an internal issue to be solved by the barbaric occupier.

    “Indonesia’s position as an associate member of MSG is a form of colonial corruption of the Melanesian people.

    “We will continue to fight without MSG because the struggle for independence and sovereignty is our fundamental right of the Papuan people’s granted by God.

    “Every member of MSG can recommend to the United Nations that West Papua deserves the same right of liberation and nation-state sovereignty that was achieved without compromise by Timor-Leste — the other nation illegally invaded by Indonesia and also subjected to genocide.”

    Bomanak said the MSG’s remarks stood in stark contrast to Father Lini’s solidarity with West Papua and were “tantamount to sharing in the destruction of West Papua”.

    ‘Blood money’
    It was also collaborating in the “extermination of West Papuans for economic benefit, for Batik Largesse. Blood money!”

    The Papua ‘problem’ was not a human rights problem but a problem of the Papuan people’s political right for independence and sovereignty based on international law and the right to self-determination.

    It was an international problem that had not been resolved.

    “In fact, to say it is simply a ‘problem’ ignores the fate of the genocide of 500,000 victims.”

    Bomanak said MSG leaders should make clear recommendations to the Indonesian government to resolve the “Papua problem” at the international level based on UN procedures and involving the demilitarisation of West Papua with all Indonesian defence and security forces “leaving the land they invaded and unlawfully occupied.”

    Indonesia’s position as an associate member in the MSG was a systematic new colonialisation by Indonesia in the home of the Melanesian people.

    Indonesia well understood the weaknesses of each Melanesian leader and “carries out bank cheque diplomacy accordingly to destroy the solidarity so profoundly declared by the late Father Walter Lini.”

    “No surrender!”

    MSG leaders in Suva . . . Jeremy Manele (Solomon Islands, from left), James Marape (PNG), Sitiveni Rabuka (Fiji), Jotham Napat (Vanuatu), and Roch Wamytan (FLNKS spokesperson). Image: PNG Post-Courier

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI China: SCO Defense Ministers’ Meeting kicks off in China 2025-06-26 18:31:27 The Shanghai Cooperation Organization (SCO) Defense Ministers’ Meeting kicked off in Qingdao City, east China’s Shandong Province, on June 26. China’s Defense Minister Admiral Dong Jun hosted and addressed the meeting.

    Source: People’s Republic of China – Ministry of National Defense

      QINGDAO, June 26 — The Shanghai Cooperation Organization (SCO) Defense Ministers’ Meeting kicked off in Qingdao City, east China’s Shandong Province, on June 26. China’s Defense Minister Admiral Dong Jun hosted and addressed the meeting.

      Admiral Dong Jun stated that it is necessary for the SCO to serve as an anchor of stability amid the current complex global situation. China is willing to work with all SCO member states to adhere to the original aspiration of the SCO, carry forward the “Shanghai Spirit”, firmly safeguard international fairness and justice, jointly address security challenges, and promote steady and far-reaching defense and security cooperation.

      All parties participating in the meeting agreed that they should continue to enhance strategic communication, promote practical cooperation and jointly maintain regional peace and stability. The meeting was a complete success.

    loading…

    MIL OSI China News –

  • MIL-OSI China: China-Laos Railway sees over 10 billion yuan in trade value in Jan.-May

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

    An international cargo train of China-Laos Railway is pictured at Wangjiaying West Station in Kunming, southwest China’s Yunnan Province, on Jan. 2, 2025. 

    The China-Laos Railway handled more than 2.48 million tonnes of import and export cargo valued at over 10 billion yuan (about 1.4 billion U.S. dollars) from January to May this year, customs data showed on Thursday.

    Both freight volume and value saw significant growth in this period, with a 7.9-percent year-on-year increase in volume and a 33.2-percent surge in value. In May alone, this railway transported 512,000 tonnes of goods worth 3.76 billion yuan — setting a monthly record high since its opening in December 2021.

    Following its launch, the railway has experienced robust growth in cargo transport. As of May 22, total freight volume had surpassed 60 million tonnes, with cross-border shipments exceeding 13.9 million tonnes.

    The range of goods transported has expanded dramatically from just over 10 types initially to more than 3,000. These goods include electronics, photovoltaic products, communication equipment, automobiles, agricultural products, industrial goods and daily necessities. 

    MIL OSI China News –

  • MIL-OSI United Kingdom: Planning Inspectorate publishes Annual Report and Accounts 2024/25

    Source: United Kingdom – Executive Government & Departments

    News story

    Planning Inspectorate publishes Annual Report and Accounts 2024/25

    Progress in planning delivery highlighted in annual performance review

    Today sees the publication of the Planning Inspectorate’s Annual Report and Accounts for 2024/25. 

    The report details performance against our mission to deliver timely, high-quality, and cost-effective planning decisions, recommendations and advice.

    In his foreword Chief Executive Paul Morrison highlights work to improve the ‘flow’ of cases through the system and the importance of engaging with partners as he reflects on the last year and future ambitions.

    He writes:

    Our progress reflects the professionalism and determination of colleagues across the Planning Inspectorate, and the strength of engagement from partners throughout the system.

    We’ve done all of this with an eye on the horizon. The government’s ambitions in this Parliament set a clear and stretching direction. Supporting that agenda will take more than throughput. It will take a planning system that flows, connects, and delivers with confidence.

    This year has shown what’s possible when we align purpose with partnership. We’re not at the finish line, but we are moving, together, in the right direction.

    Highlights from the last year include:

    • We provided 17 national infrastructure applications recommendations to Secretaries of State and gave advice to 80 pre-application Nationally Significant Infrastructure Projects, which provide our communities with roads, railways, reservoirs, and electricity.

    • 28,000 homes (approximately) approved during 2024/25 due to appeal, which would not have been built originally.

    • We found 22 local plans sound, ensuring that the proposals meet citizens’ and businesses’ future needs and giving security to local areas planning their development.

    • We worked with 144 local planning authorities through the householder appeal service pilot, unlocking new functionality for the entire appeals process.

    The Annual Report and Accounts covers the period of April 2024 to March 2025.

    Updates to this page

    Published 26 June 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Music ends, consequences don’t: Campaign warns drivers post-festival 26 June 2025 Music ends, consequences don’t: Campaign warns drivers post-festival

    Source: Aisle of Wight

    With the Isle of Wight Festival now behind us and a summer full of events still ahead, a timely road safety campaign is reminding revellers that the party’s consequences can linger long after the music stops.

    In a joint effort with the Hampshire and Isle of Wight Safer Roads Partnership, thousands of ferry passengers travelling by car were recently met with a clear message: Don’t risk driving under the influence the morning after drinking.

    The campaign, which featured eye-catching adverts and face-to-face engagement at key ferry terminals in Lymington, Portsmouth, and Southampton over the Isle of Wight Festival weekend, aimed to raise awareness about how alcohol can remain in your system well into the next day — potentially putting drivers unknowingly over the legal limit.

    At the heart of the initiative is the Morning After calculator, a free online tool that helps people estimate how long it takes for alcohol to leave their body. It’s not a green light to drink more, but a guide to help people make safer choices.

    Even with the festival period ending, summer has only just begun and the tool can be used at any time.

    Lewis Campbell, road safety officer for the Isle of Wight Council, praised the campaign’s reach: “A big thank you to all of our partners within the Hampshire and Isle of Wight Safer Roads Partnership for supporting this important campaign.

    “This has been another successful event at the mainland ports with more than 10,000 people engaged. We are very grateful for the support received by local ferry operators.”

    He added: “The campaign highlights the importance of planning your journeys and your alcohol consumption if you know you must drive the following day. The Morning After calculator can help you do that.

    “However, to be clear, there is no safe level of alcohol when it comes to driving.”

    The consequences of drink driving are serious. Offenders can face hefty fines, driving bans, and even prison. And it’s not just about being caught behind the wheel — simply being found in a stationary vehicle while intoxicated, with the keys in the ignition, could lead to a £2,500 fine, a three-month prison sentence, and a driving ban.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: Development of a new street and road network project in Sokolniki has begun

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    In the Sokolniki district, the development of a territory planning project (TPP) for a new street and road network has begun. The work will be carried out within the framework of the Targeted Investment Program. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.

    “The total area of the territory for which the PPT will be developed is about four hectares. It is located at the intersection of Bolshaya Olenya Street and Veteranov Avenue, Maly Oleny Lane and Oleniy Val Street. The project provides for the construction of a street and road network necessary for the full functioning of the modern sports and training base of the Spartak-Moscow football club. This is an example of how the city creates infrastructure to support sports initiatives, while simultaneously developing the area and making it more comfortable for residents,” said Vladimir Efimov.

    The emergence of new infrastructure will provide convenient access to the sports facility and improve the transport situation in the area.

    “Development of the street and road network will create additional prerequisites for the improvement of adjacent territories, will make the area more accessible and attractive for both residents and visitors to the city. As a result, traffic organization will improve, travel time will be reduced, new routes and convenient pedestrian connections will appear,” she added. Juliana Knyazhevskaya, Chairman of the Committee for Architecture and Urban Development of the City of Moscow.

    Earlier, Sergei Sobyanin spoke about the construction new road network in the Ramenki area.

    Get the latest news quicklyofficial telegram channel the city of Moscow.

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

    Please Note; This Information is Raw Content Directly from the Information Source. It is access to What the Source Is Stating and Does Not Reflect

    https: //vv.mos.ru/nevs/ite/155843073/

    MIL OSI Russia News –

  • MIL-OSI USA: LaMalfa, California GOP Delegation Call on Newsom to Halt New Gas Price Hikes

    Source: United States House of Representatives – Congressman Doug LaMalfa 1st District of California

    Washington, D.C.—Congressman Doug LaMalfa (R-Richvale) joined the entire California Republican congressional delegation in sending a letter to Governor Gavin Newsom urging him to immediately suspend a scheduled increase to the state’s gasoline excise tax and pause the implementation of new California Air Resources Board (CARB) regulations projected to significantly raise fuel costs for California drivers.

    Starting July 1, 2025, California is set to raise its gas tax to 61.2 cents per gallon. On the same day, new CARB regulations under the Low Carbon Fuel Standard (LCFS) are set to take effect—regulations estimated by University of Pennsylvania economists to drive fuel prices up by as much as 65 cents per gallon. Combined, these changes will further strain California’s already fragile fuel supply and add more costs for families and businesses across the state.

    “At a time when Californians are already paying $1.44 more per gallon than the national average, the last thing they need is another gas tax hike and a costly new mandate from unelected CARB officials,” said Rep. LaMalfa. “The Phillips 66 refinery is set to close this fall, and Valero’s Benicia facility will follow next spring. Together, those shutdowns will cut California’s refining capacity by over 20 percent. Resulting in less fuel available on the market, higher prices, and more pain for everyone. Instead of addressing this looming supply crisis, the Governor is adding 1.6 cents to the gas tax and letting CARB push through a regulation that is estimated to raise prices by up to 65 cents per gallon. These policies are not just tone-deaf, they’re dangerous to California’s economy. The Governor continues to ignore this reality. Refusing to change course will only make things worse.”

    These price increases come as California faces a looming supply crisis due to the scheduled closures of two major in-state refineries. According to a May 2025 report from the University of Southern California’s Marshall School of Business, the combined shutdown of the Phillips 66 refinery in Los Angeles and the Valero refinery in Benicia could result in a 21% drop in California’s refining capacity. This shortfall is expected to create a gasoline supply deficit of up to 13.1 million gallons per day and push prices as high as $8.43 per gallon by the end of 2026, especially when combined with the effects of new state mandates like the LCFS, Cap-and-Trade expansion, and excise tax increases.

    The USC study also warns that these disruptions will ripple across the economy, impacting air travel, food delivery, agriculture, manufacturing, and healthcare, while placing further pressure on household budgets and reducing state tax revenues at a time when California faces a projected $73 billion budget deficit.

    The California Republican congressional delegation has consistently urged the Governor to suspend the gas tax, address in-state supply constraints, and reject policies that deepen the cost-of-living crisis, but to date continue to be ignored.

    The full text of the letter is available here.

    Congressman Doug LaMalfa is Chairman of the Congressional Western Caucus and a lifelong farmer representing California’s First Congressional District, including Butte, Colusa, Glenn, Lassen, Modoc, Shasta, Siskiyou, Sutter, Tehama and Yuba Counties.

    ###

    MIL OSI USA News –