Headline: ICC elects four new members to the Executive Board
The new members were formally elected during the annual meeting of the ICC World Council on 19 June 2025 and will each serve a three-year term effective 19 June 2025. The diverse experience of new members will enrich ICC’s roadmap to enable peace and prosperity through trade and reflects ICC’s continued commitment to geographic representation and diversity of expertise as the world’s largest and most inclusive business organisation.
The ICC Executive Board is responsible for developing and implementing ICC’s strategy, policy and programme of action as well as for overseeing the financial affairs of ICC.
ICC Chair Philippe Varin said:
“I’m very pleased to welcome this exceptional group of global leaders who bring deep expertise and fresh perspectives to ICC. Their leadership will be vital as we continue charting a path forward in delivering real-world solutions for business in a changing global environment. My thanks also to our outgoing Board members for their contributions.”
The new Board members are:
Mohammad Lootah
Mohammad Ali Rashed Lootah is the President and CEO of Dubai Chambers, where he leads strategic initiatives to enhance Dubai’s business environment, attract foreign investment, support global business expansion, and promote the digital economy. Prior to this role, he held several key leadership positions within Dubai’s Department of Economy and Tourism, including CEO of Commercial Compliance and Consumer Protection, overseeing areas such as consumer rights, business protection, and intellectual property. He also served in senior roles at the Department of Economic Development and the Dubai Land Department.
Zhang Hui
Zhang Hui is Vice Chairman, Executive Director and President of the Bank of China, roles he assumed between December 2024 and January 2025. He also serves as Vice Chairman of BOC Hong Kong (Holdings) Limited. Mr Zhang joined the Bank of China in 2024 after serving as Executive Vice President of China Development Bank from 2021 to 2024. Prior to that, he spent many years at Bank of Communications, where he held various senior roles including as Chief Risk Officer, general manager of several risk management departments, and president of regional branches including in Guizhou and Shanghai.
Anousheh Ansari
Anousheh Ansari is the CEO of XPRIZE, where she leads global innovation competitions addressing some of humanity’s most pressing challenges. A tech entrepreneur and space pioneer, Ms Ansari co-founded and led Prodea Systems, an IoT company recognised among Inc. Magazine’s 500 fastest-growing firms. In 2006, she became the first female private space explorer, the first astronaut of Iranian descent, and the first Muslim woman in space. Under her leadership, XPRIZE has awarded over US$81 million and launched US$361 million in active competitions. Ms Ansari also serves in various global advisory roles, including with the World Economic Forum, GESDA and UNESCO, and is an advocate for women entrepreneurs through initiatives like The Billion Dollar Fund for Women.
Kobkarn Wattanavrangkul
Kobkarn Wattanavrangkul is a Thai business leader and former Minister of Tourism and Sports, known for her contributions to both public policy and corporate governance. As Thailand’s tourism minister from 2014 to 2017, Ms Wattanavrangkul championed sustainable tourism and cultural heritage. She currently serves as Chair of the Board of Directors at Kasikornbank and Toshiba Thailand, and plays an active role in advancing education, innovation and international cooperation through various institutional boards. Ms Wattanavrangkul’s career reflects a strong commitment to inclusive and sustainable development in Thailand.
Term renewals
Elected to serve on the ICC Executive Board for a second term during the World Council meeting were Holger Bingmann (Germany), Managing Partner, Bingmann Pflüger International GmbH, Rebecca Enonchong (Cameroon), CEO, AppsTech and Chair of Afrilabs, Marjorie Yang (Hong Kong), Chair, Esquel Group, Lama Al Sulaiman (Saudi Arabia), Shareholder and Board Member of Rolaco Holdings, KSA and LUX and Justin D’Agostino (Hong Kong), Global CEO, Herbert Smith Freehills Kramer.
Outgoing Board members are Candace Johnson (United States/Luxemburg), Vice-Chair, NorthStar Earth and Space, Fredrik Cappelen (Sweden), Chairman and Board Member in the Swedish and Nordic industry, Valentina Mintah (Ghana), Founder West Blue Consulting, Zhang Xiaolun (China) Chair, China National Machinery Industry Corporation (SINOMACH).
Leading chambers worldwide
The ICC World Council also ratified the re-election of Rifat Hisarcıklıoğlu as Chair of the ICC World Chambers Federation (WCF) for a second three-year term commencing 20 June 2025. Mr Hisarcıklıoğlu is Chair of ICC Türkiye and President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).
Source: The Conversation – UK – By Laura Elin Pigott, Senior Lecturer in Neurosciences and Neurorehabilitation, Course Leader in the College of Health and Life Sciences, London South Bank University
Embarrassment is generated by a network of different brain regions working together.Kues/ Shutterstock
Picture this: it’s your first day at a new job. You’re about to introduce yourself to a large group of people you’ll be working with – and promptly fall flat on your face. Not exactly the entrance you had in mind.
We’ve all cringed at moments like these — whether they happen to us or to others. That instant, full-body wince, and the shared, silent relief that it didn’t happen to you.
Embarrassment is a universal, visceral and oddly contagious emotion. It’s what psychologists call a self-conscious emotion. This means it hinges on our awareness of ourselves through others’ eyes.
Unlike shame or guilt, embarrassment isn’t usually moral — it’s about looking awkward or inept. Context matters too. We feel more embarrassed in front of people whose opinions we value or who hold power.
Yet while embarrassment may feel uncomfortable, it actually has surprising social and psychological benefits.
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Empathy and social connection
Evolutionary psychologists believe embarrassment developed as a social corrective – a way to acknowledge mistakes, signal remorse and reduce conflict within groups.
This instinct probably helped our ancestors stay in the group, which was critical for survival. People who showed embarrassment were seen as more trustworthy and cooperative.
In this way, embarrassment can invite empathy and forgiveness, strengthening relationships. It signals that we care what others think, promoting approachability and emotional closeness. So, while it’s uncomfortable in the moment, embarrassment probably evolved to keep communities cohesive.
Embarrassment is also contagious. Most of us have cringed on someone else’s behalf. This shows how deeply tuned our social brains are. We empathise with others’ awkwardness, often rushing to reassure them. This empathy helps preserve harmony and can also help us build connection with others.
Embarrassment signals remorse and can invite empathy from others. fizkes/Shutterstock
Trust and virtue
Visible signs of embarrassment – such as blushing or stumbling over words – are often seen as signs of honesty and generosity. One study found that people who show embarrassment are judged to be more trustworthy and sociable.
Blushing may have evolved on purpose to be a visible, honest signal of humility that others instinctively trust. Experiments even show we’re more likely to forgive someone who looks embarrassed than someone who acts indifferent.
Learning social norms
Forgetting you’re not on mute in a Zoom meeting, sending a message to the wrong group chat or realising your shirt’s inside out after an important meeting. These moments may be minor, but our brains still process them as social threats – albeit small ones.
In this way, embarrassment helps us adhere to social norms and expectations – many of which are unwritten and only discovered once we’ve flubbed them by mistake. Embarrassment acts as an internal guide, helping us remember social missteps and encouraging us to conform to shared expectations – not out of shame, but because it feels right. It also nudges us whenever we stray near the edges of what’s socially comfortable, helping us course-correct swiftly.
The way we react to an embarrassing situation is also important in helping us learn from our experiences. Many of us laugh nervously when embarrassed. This effectively reframes the incident from threatening to harmlessly amusing in our minds.
Humility and authenticity
Embarrassment keeps egos in check, signals emotional intelligence and makes us more relatable. In a curated world, an awkward moment can humanise us and build credibility.
However, while moderate embarrassment is healthy and constructive, excessive fear of it can become harmful – crossing into social anxiety.
Your brain on embarrassment
Embarrassment isn’t generated by a single “embarrassment centre” in the brain. Rather, it’s generated by a network of different brain regions working together.
The medial prefrontal cortex (mPFC) is a region in the front of the brain that’s active during self-reflection and when thinking about how others perceive us. It’s also involved in storing social memories – which is why an embarrassing memory, even from years ago, can still make you cringe when it pops into your head.
The anterior cingulate cortex (ACC) is the reason you blush, your heart pounds and you feel sweaty when you’re deeply embarrassed. The ACC activates your “fight or flight” reaction. When the ACC fires up, it also helps us adjust our behaviour – aiding in impulse control and helping us learn from the mistake so we don’t do it again.
The amygdala is the brain’s emotional alarm bell. When we get embarrassed, the amygdala registers the emotional intensity of the situation – especially the fear of being seen negatively.
People with social anxiety show an imbalance between the mPFC and amygdala. Their mPFC is underactive (so they’re less able to rationalise others’ perspectives), while their amygdala is overactive (causing excessive fear signals). This combination makes it hard for them to accurately gauge social situations, often interpreting them as more threatening and embarrassing than they really are.
Finally, the insula, a region located deep in the brain, helps us tune into our emotions and bodily states. This creates that gut-level discomfort we feel during embarrassing moments. All these regions work in concert during an embarrassing moment.
Embarrassment is uncomfortable, yes – but it’s also a reminder that we care about others and want to belong. It’s part of what makes us human. So the next time you experience an embarrassing moment, try to laugh it off and remember that the moment is helping us to learn and connect.
Laura Elin Pigott does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
When Kim Kardashian glided into the launch party of her NYC SKIMS boutique on a knee scooter, a mobility aid for people with lower leg injuries – stiletto on one foot, designer cast on the other – she wasn’t just managing an injury. She was creating content.
And she’s far from alone.
In 2024, rapper Kid Cudi turned his own broken foot into a viral storyline, posting updates of himself on crutches and in a surgical boot after a mishap at the Coachella festival in California. These high profile injuries don’t just invite sympathy; they generate style points, followers and millions of views.
But as injury recovery morphs into online entertainment, it raises an important question: is this trend helping people heal or encouraging risky behaviour that can delay recovery?
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Open any social media feed and you’ll likely stumble across videos of people hobbling through supermarkets, dancing on crutches, or sweating through workouts in a medical boot. Hashtags like #BrokenFootClub and #InjuryRecovery have spawned thriving online communities where users share advice, frustrations and recovery milestones. For many, rehab has become a public performance, complete with triumphant comeback narratives.
And it’s not just celebrities. All sorts of people are turning their injuries, from hiking sprains to post-surgery recoveries, into digital diaries. Some offer helpful tips or emotional support, while others focus on fast-tracked progress, sometimes glossing over the slower, necessary steps that true healing demands.
A broken foot used to mean rest. Now it can mean millions of views.
Watching others navigate recovery can be deeply reassuring. Seeing someone joke about wobbling to the bathroom or demonstrate how to climb stairs with crutches can ease the loneliness that often comes with injury.
And some creators are genuinely getting it right. Increasing numbers of healthcare professionals, from orthopaedic surgeons to physiotherapists and podiatrists, now use social media platforms such as TikTok and Instagram to share safe exercises, realistic timelines and expert tips on navigating recovery. For people who struggle to access in-person care, this clinically sound content can be a lifeline.
But on social media, rest isn’t always part of the narrative. The most viewed recovery videos often aren’t posted by healthcare professionals but by influencers eager to showcase rapid progress. Some discard crutches too soon, hop unaided, or attempt high-impact exercises while their bodies are still vulnerable – all for the sake of engagement.
What’s often missing is the unglamorous reality: swelling, setbacks, rest and the slow, sometimes frustrating, pace of real healing. Bones, tendons and ligaments aren’t impressed by likes or follower counts. Healing requires time and carefully structured loading: a gradual, deliberate increase in weight bearing and movement to rebuild strength without risking re-injury.
Ignoring this process can lead to delayed healing, chronic pain, re-injury, or even long term joint and muscle complications that can affect the knees, hips, or back.
And this isn’t just speculation. A 2025 study examining TikTok content on acute knee injuries found that most videos were produced by non-experts and often contained incomplete or inaccurate information. Researchers warned that this misinformation may not only distort patient expectations but also lead to decisions that hinder proper recovery. Similar trends were found in anterior cruciate ligament knee injury videos, where dangerous, non-evidence based practices were widely promoted to millions of viewers.
Healthcare professionals are now seeing the ripple effects firsthand. Many physiotherapists and podiatrists report a growing number of patients arriving with unrealistic expectations shaped by social media, rather than medical advice. Some patients feel frustrated when their recovery doesn’t match the rapid progress they see online. Others attempt risky exercises before their bodies are ready, setting themselves back.
A 2025 study examining TikTok content on acute knee injuries found that most videos were produced by non-experts and often contained incomplete or inaccurate information. Researchers warned that this misinformation may not only distort patient expectations but also lead to decisions that hinder proper recovery.
The World Health Organization has also flagged the dangers of online health misinformation. When social media shortcuts replace professional care, patients risk not only slower recovery but potentially more complex medical problems, while clinicians are left managing the aftermath.
Recovery isn’t a race
While supportive online communities can be a valuable source of comfort, the pressure to “bounce back” quickly can be dangerous. Viral videos and celebrity recoveries can create a toxic sense of comparison, tempting people to rush their own healing process.
Research shows that the psychological drive to return to activity, particularly among younger adults, can reduce rehab compliance and sharply increase the risk of re-injury. True recovery isn’t governed by trending hashtags; it follows a personal, biologically determined timeline that requires patience, rest, and carefully structured rehabilitation.
Seeing stars like Kim Kardashian with a designer cast might make injury look fashionable. But for most people, a broken foot is not glamorous; it’s weeks of awkward movement, discomfort, adaptation and quiet, steady healing.
Mobility content can inspire, motivate, and connect – but it’s not a road map for your own recovery. If you’re injured, approach online content with curiosity, not comparison. Learn from others, but listen to your body. Healing is personal. Your recovery won’t be dictated by views, likes, or viral trends – it will unfold on your body’s own timetable.
Craig Gwynne does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – UK – By Lucy Gill-Simmen, Vice Dean for Education & Student Experience, Royal Holloway University of London
French philosopher René Descartes crowned human reason in 1637 as the foundation of existence: Cogito, ergo sum – I think, therefore I am. For centuries, our capacity to doubt, question and think has been both our compass and our identity. But what does that mean in an age where machines can “think”, generate ideas, write novels, compose symphonies and, increasingly, make decisions?
Artificial intelligence (AI) has brought a new kind of certainty, one that is quick, data-driven and at times frighteningly precise, at times alarmingly wrong. From Google’s Gemini to OpenAI’s ChatGPT, we live in a world where answers can arrive before the question is even finished. AI has the potential to change not just how we work, but how we think. As our digital tools become more capable, we may well be justified in asking: where did the wonder go?
We have become increasingly accustomed to optimisation. From using apps to schedule our days to improving how companies hire staff through AI-powered recruitment tools, technology has delivered on its promise of speed and efficiency.
This article is part of our State of the Arts series. These articles tackle the challenges of the arts and heritage industry – and celebrate the wins, too.
In education, students increasingly use AI to summarise readings and generate essay outlines; in healthcare, diagnostic models match human doctors in detecting disease.
But in our pursuit of optimisation, we may have left something essential behind. In her book The Power of Wonder (2023), author Monica Parker describes wonder as a journey, a destination, a verb and a noun, a process and an outcome.
Lamenting how “modern life is conditioning wonder-proneness out of us”, the author suggests we have “traded wonder for the pale facsimile of electronic novelty-seeking”. And there’s the paradox: AI gives us knowledge at scale, but may rob us of the humility and openness that spark genuine curiosity.
AI as the antidote?
But what if AI isn’t the killer of wonder, but its catalyst? The same technologies that predict our shopping habits or generate marketing content can also create surreal art, compose jazz music and tell stories in different ways.
Tools like DALL·E, Udio.ai, and Runway don’t just mimic human creativity, they expand our creative capacity by translating abstract ideas into visual or audio outputs instantly. They don’t just mimic creativity, they open it up to anyone, enabling new forms of self-expression and speculative thinking.
The same power that enables AI to open imaginative possibilities can also blur the line between fact and fiction, which is especially risky in education where critical thinking and truth-seeking are paramount. That’s why it’s essential that we teach students not just to use these tools, but to question them. Teaching people to wonder isn’t about uncritical amazement – it’s about cultivating curiosity alongside discernment.
Educators experimenting with AI in the classroom are starting to see this potential, as my recent work in the area has shown. Rather than using AI merely to automate learning, we are using it to provoke questions and to promote creativity.
When students ask ChatGPT to write a poem in the voice of Virginia Woolf about climate change, they learn how to combine literary style with contemporary issues. They explore how AI mimics voice and meaning, then reflect on what works and what doesn’t.
When they use AI tools to build brand storytelling campaigns, they practise turning ideas into images, sounds and messages and learn how to shape stories that connect with audiences. Students are not just using AI, they’re learning to think critically and creatively with it.
This aligns with Brazilian philosopher Paulo Friere’s “banking” concept of education, where rather than depositing facts, educators are required to spark critical reflection. AI, when used creatively, can act as a dialogue partner, one that reflects back our assumptions, challenges our ideas and invites deeper inquiry.
The research is mixed, and much depends on how AI is used. Left unchecked, tools like ChatGPT can encourage shortcut thinking. When used purposely as a dialogue partner, prompting reflection, testing ideas and supporting creative inquiry, studies show it can foster deeper engagement and critical thinking. The challenge is designing learning experiences that make the most of this potential.
A new kind of curiosity
Wonder isn’t driven by novelty alone, it’s about questioning the familiar. Philosopher Martha Nussbaum describes wonder as “taking us out of ourselves and toward the other”. In this way, AI’s outputs have the potential to jolt people out of cognitive ruts and into new realms of thought, causing them to experience wonder.
It could be argued that AI becomes both mirror and muse. It holds up a reflection of our culture, biases and blind spots while nudging us toward the imaginative unknown at the same time. Much like the ancient role of the fool in King Lear’s court, it disrupts and delights, offering insights precisely because it doesn’t think like humans do.
This repositions AI not as a rival to human intelligence, but as a co-creator of wonder, a thought partner in the truest sense.
Descartes saw doubt as the path to certainty. Today, however, we crave certainty and often avoid doubt. In a world overwhelmed by information and polarisation, there is comfort in clean answers and predictive models. But perhaps what we need most is the courage to ask questions, to really wonder about things.
The German poet Rainer Maria Rilke once advised: “Be patient toward all that is unsolved in your heart and try to love the questions themselves.”
AI can generate perspectives, juxtapositions and “what if” scenarios that challenge students’ habitual ways of thinking. The point isn’t to replace critical thinking, but to spark it in new directions. When artists co-create with algorithms, what new aesthetics emerge that we’ve yet to imagine?
And when policymakers engage with AI trained on other perspectives from around the world, how might their understanding and decisions be transformed? As AI reshapes how we access, interpret and generate knowledge, this encourages rethinking not just what we learn, but why and how we value knowledge at all.
Educational philosophers such as John Dewey and Maxine Greene championed education that cultivates imagination, wonder and critical consciousness. Greene spoke of “wide-awakeness”, a state of being in the world.
Deployed thoughtfully, AI can be a tool for wide-awakeness. In practical terms, it means designing learning experiences where AI prompts curiosity, not shortcuts; where it’s used to question assumptions, explore alternatives, and deepen understanding.
When used in this way, I believe it can help students tell better stories, explore alternate futures and think across disciplines. This demands not only ethical design and critical digital literacy, bit also an openness to the unknown. It also demands that we, as humans, reclaim our appetite for awe.
In the end, the most human thing about AI might be the questions it forces us to ask. Not “What’s the answer?” but “What if …?” and in that space, somewhere in between certainty and curiosity, wonder returns. The machines we built to do our thinking for us might just help us rediscover it.
Lucy Gill-Simmen does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
The climate and ecological crisis is one of the greatest challenges humanity has ever faced. If the world fails to address it, and over the rest of this century we continue to burn fossil fuels and pump even more carbon dioxide into the atmosphere, we’ll face catastrophe. On this much, almost all governments agree (with some notable exceptions such as the US).
Even the world’s largest oil and gas companies now acknowledge that their products are behind the alarming increase in global temperatures and that we will have to transition to alternative fuels. Eventually.
In some oil and gas firms’ net zero policies you will often see the word “eventually” or its equivalent used. Yes, they accept that the age of fossil fuels will be over, but they don’t give any end date. In fact, with continued expansion of new oil and gas fields they appear to give every indication of continuing to be fossil fuel companies for the foreseeable future.
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Will such firms actually phase out coal, oil and gas at the rate required to avoid dangerous climate change? How quickly does that now have to happen? Immediately.
At current rates of emissions, the window to have a 50:50 chance of limiting warming to 1.5°C will close in as little as six years. Given that global emissions are not stabilising but in fact going up, we are in the process of overshooting 1.5°C and heading deep into dangerous climate change territory.
Does that mean it’s game over, that the climate catastrophes we fear will come to pass? Thinking about these sorts of systemic risks form the basis of much of my current research. This includes some pretty alarming analysis on how societies can react to challenges such as climate change in ways that can make the situation much worse.
But herein lies a potentially powerful source of hope for the future because what we do as individuals and members of communities and countries will make all the difference. That’s what was on my mind when I started working on a new climate change documentary with filmmaker Paul Maple.
Radical reductions
Our new film System Update: Rebooting Our Future argues that, while we may have run out of time to avoid dangerous climate change, we are now only beginning to see how we can not just avoid further environmental damage but make a much better world for all of humanity. To do that, we must go beyond the incremental and timid policies of today. We need to be radical and dig into the drivers of climate change.
Take economic growth, for example. You will not find a political party in power in any industrialised nation that does not have continued economic growth as one of its core objectives. Economic performance is often the main way politicians are judged. That’s why threats of a recession lead news reports.
In System Update, I ask what is this economic growth for, if it continues to drive expanded energy and material consumption and drive us further towards climate and ecological collapse?
If our economic and political systems cannot deliver radical emissions reductions in a sustainable and fair way, then they need to be rebooted. Rather than policies being orientated towards maximising economic growth, we can instead question how the current goods and services an economy produces are used.
How can local communities be empowered to make themselves more resilient to climate change while reducing their emissions? Where can citizen assemblies strengthen our democracies and help foster the wider support for ambitious climate action? These assemblies work by recruiting a representative cross section of society who hear from a range of climate experts, and then work together to provide policy recommendations.
I put such questions to an amazing group of activists, academics and policymakers. We quickly discovered from economic anthropologist Jason Hickel that there is no end of new thinking about economics.
Lawyer and key architect of the Paris agreement Farhana Yamin recounted the epic battle that she and others have been waging with politicians to get them to understand and act on some of the fundamental truths of climate change. Researcher and strategist Laurie Laybourn spoke of the need for leaders to understand how this gathering storm of climate change demands new mindsets.
Climate change adaptation expert Kathryn Brown made the case for a rapid increase in efforts to protect communities from environmental change, while climate historian Alice Bell put today’s debates into the wider context. Climate campaigner Max Wakefield and climate justice activist Dylan Hamilton connected the big picture elements of the climate crisis to both everyday actions like what you buy and how to you travel, to deeper engagement with politics.
It’s easy to feel overwhelmed about the scale of climate change. There is a constant stream of bad news about rising temperatures and extreme weather. What I hope System Update shows is that there is no end of ideas for how such an outcome could be averted, and how you could put them into practice.
We will win. The age of fossil fuels is ending. The question now is, how fast do you want to make that happen?
Don’t have time to read about climate change as much as you’d like?
James Dyke does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – Canada – By Jack L. Rozdilsky, Associate Professor of Disaster and Emergency Management, York University, Canada
Residents of Los Angeles will need to get used to federally controlled National Guard troops operating on their streets. Due to a ruling from an appeals court on June 19, United States President Donald Trump now has broad authority to deploy military forces in American cities.
This is a troubling development. All presidents have held in their grasp extraordinary powers to deploy military troops domestically. But Trump stands apart with his apparent keen interest in manufacturing false emergencies to exploit extraordinary power.
An 1878 law called the Posse Comitatus Act restricts using the military for domestic law enforcement. The broader principle being challenged by Trump’s actions in L.A. is the norm of the military not being allowed to interfere in the affairs of civilian governance.
The objective was to counter what Trump argued was a form of rebellion against the authority of the government of the United States. In fact, these “rebellions” were largely peaceful protests in downtown L.A.
On June 9, the U.S. District Court for the Northern District of California granted an injunction restraining the president’s use of military force in L.A. The court order supported Gov. Gavin Newsom’s contention that Trump overstepped his authority.
On June 19, a decision from a panel of judges at the U.S. Court of Appeals for the Ninth Circuit overturned the injunction.
What this means at the moment is that Trump does not have to return control of the troops to Newsom. California has options to continue litigation by asking the Federal Appeals Court to rehear the matter, or perhaps directly asking the U.S. Supreme Court to intervene.
Moving toward authoritarianism
Trump’s June 7 memorandum facilitating his move to overrule Newsom’s authority and seize control of 2,000 National Guard troops was based on the president defining his own so-called emergency.
He claimed incidents of violence and disorder following aggressive immigration enforcement amounted to a form of rebellion against the U.S.
As Trump flexes his emergency power might, his second term has been called the 911 presidency. He has used extraordinary emergency powers at a pace well beyond his predecessors, pressing the limits to address his administration’s supposed sense of serious perils overtaking the nation.
Issues arise when the level of actual danger locally is not at all representative of what the president suggests is a full-scale national emergency. For example, demonstrations over immigration raids occupied only a tiny parcel of real estate in L.A.’s huge metropolitan area. A Los Angeles-based rebellion against the U.S. was not occurring.
As dissent over aggressive immigration enforcement actions grew, localized clashes with law enforcement did occur. Mutual aid surged into Los Angeles, where neighbouring California law enforcement agencies acted to assist one another. The law enforcement challenges never rose to the level of the governor of California requesting additional federal support.
As recent L.A. protests intensified, Trump stated: “We’re going to have troops everywhere.”
Currently, there are few guardrails in place to prevent a rogue president from misusing the military in domestic civilian affairs. Trump has been coy about whether he would tap into the greater powers available to him under the Insurrection Act.
Real emergencies presenting existential threats to America do persist. Nuclear proliferation, climate change and pandemics need serious leaders. But politically exploiting last-resort emergency laws designed to provide options to deal with genuine existential threats — not to weaponize them against protesters demonstrating against public policy — is absurd.
Jack L. Rozdilsky receives support for research communication and public scholarship from York University. He also has received research support from the Canadian Institutes of Health Research.
Source: The Conversation – USA – By Pablo Moyano Fernández, Assistant Professor of Architecture, Washington University in St. Louis
A modular, precast system of concrete ‘rings’ can be connected in different ways to build a range of models of energy-efficient homes.Pablo Moyano Fernández, CC BY-SA
In response to these challenges, I believe mass-produced concrete homes can offer affordable, resilient housing in the U.S. By leveraging the latest innovations of the precast concrete industry, this type of homebuilding can meet the needs of a changing world.
Wood has deep historical roots as a building material in the U.S., dating back to the earliest European settlers who constructed shelters using the abundant native timber. One of the most recognizable typologies was the log cabin, built from large tree trunks notched at the corners for structural stability.
In the 1830s, wood construction underwent a significant shift with the introduction of balloon framing. This system used standardized, sawed lumber and mass-produced nails, allowing much smaller wood components to replace the earlier heavy timber frames. It could be assembled by unskilled labor using simple tools, making it both accessible and economical.
In the early 20th century, balloon framing evolved into platform framing, which became the dominant method. By using shorter lumber lengths, platform framing allowed each floor to be built as a separate working platform, simplifying construction and improving its efficiency.
The proliferation and evolution of wood construction helped shape the architectural and cultural identity of the nation. For centuries, wood-framed houses have defined the American idea of home – so much so that, even today, when Americans imagine a house, they typically envision one built of wood.
Today, light-frame wood construction dominates the U.S. residential market.
Wood is relatively affordable and readily available, offering a cost-effective solution for homebuilding. Contractors are familiar with wood construction techniques. In addition, building codes and regulations have long been tailored to wood-frame systems, further reinforcing their prevalence in the housing industry.
Despite its advantages, wood light-frame construction presents several important limitations. Wood is vulnerable to fire. And in hurricane- and tornado-prone regions, wood-framed homes can be damaged or destroyed.
Wood is also highly susceptible to water-related issues, such as swelling, warping and structural deterioration caused by leaks or flooding. Vulnerability to termites, mold, rot and mildew further compromise the longevity and safety of wood-framed structures, especially in humid or poorly ventilated environments.
The material offers unmatched strength and durability, while also allowing design flexibility and versatility. It’s low-cost and low-maintenance, and it has high thermal mass properties, which refers to the material’s ability to absorb and store heat during the day, and slowly release it during the cooler nights. This can lower heating and cooling costs.
Properly designed concrete enclosures offer exceptional performance against a wide range of hazards. Concrete can withstand fire, flooding, mold, insect infestation, earthquakes, hail, hurricanes and tornadoes.
It’s commonly used for home construction in many parts of the world, such as Europe, Japan, Mexico, Brazil and Argentina, as well as India and other parts of Southeast Asia.
However, despite their multiple benefits, concrete single-family homes are rare in the U.S.
That’s because most concrete structures are built using a process called cast-in-place. In this technique, the concrete is formed and poured directly at the construction site. The method relies on built-in-place molds. After the concrete is cast and cured over several days, the formwork is removed.
This process is labor-intensive and time-consuming, and it often produces considerable waste. This is particularly an issue in the U.S., where labor is more expensive than in other parts of the world. The material and labor cost can be as high as 35% to 60% of the total construction cost.
Portland cement, the binding agent in concrete, requires significant energy to produce, resulting in considerable carbon dioxide emissions. However, this environmental cost is often offset by concrete’s durability and long service life.
Concrete’s design flexibility and structural integrity make it particularly effective for large-scale structures. So in the U.S., you’ll see it used for large commercial buildings, skyscrapers and most highways, bridges, dams and other critical infrastructure projects.
But when it comes to single-family homes, cast-in-place concrete poses challenges to contractors. There are the higher initial construction costs, along with a lack of subcontractor expertise. For these reasons, most builders and contractors stick with what they know: the wood frame.
Unlike cast-in-place concrete, precast systems allow for off-site manufacturing under controlled conditions. This improves the quality of the structure, while also reducing waste and labor.
The CRETE House, a prototype I worked on in 2017 alongside a team at Washington University in St. Louis, showed the advantages of a precast home construction.
To build the precast concrete home, we used ultra-high-performance concrete, one of the latest advances in the concrete industry. Compared with conventional concrete, it’s about six times stronger, virtually impermeable and more resistant to freeze-thaw cycles. Ultra-high-performance concrete can last several hundred years.
The strength of the CRETE House was tested by shooting a piece of wood at 120 mph (193 kph) to simulate flying debris from an F5 tornado. It was unable to breach the wall, which was only 2 inches (5.1 centimeters) thick.
The wall of the CRETE House was able to withstand a piece of wood fired at 120 mph (193 kph).
Building on the success of the CRETE House, I designed the Compact House as a solution for affordable, resilient housing. The house consists of a modular, precast concrete system of “rings” that can be connected to form the entire structure – floors, walls and roofs – creating airtight, energy-efficient homes. A series of different rings can be chosen from a catalog to deliver different models that can range in size from 270 to 990 square feet (25 to 84 square meters).
The precast rings can be transported on flatbed trailers and assembled into a unit in a single day, drastically reducing on-site labor, time and cost.
Since they’re built using durable concrete forms, the house can be easily mass-produced. When precast concrete homes are mass-produced, the cost can be competitive with traditional wood-framed homes. Furthermore, the homes are designed to last far beyond 100 years – much longer than typical wood structures – while significantly lowering utility bills, maintenance expenses and insurance premiums.
The project is also envisioned as an open-source design. This means that the molds – which are expensive – are available for any precast producer to use and modify.
The Compact House is made using ultra-high-performance concrete. Pablo Moyano Fernández, CC BY-SA
Leveraging a network that’s already in place
Two key limitations of precast concrete construction are the size and weight of the components and the distance to the project site.
Precast elements must comply with standard transportation regulations, which impose restrictions on both size and weight in order to pass under bridges and prevent road damage. As a result, components are typically limited to dimensions that can be safely and legally transported by truck. Each of the Compact House’s pieces are small enough to be transported in standard trailers.
Additionally, transportation costs become a major factor beyond a certain range. In general, the practical delivery radius from a precast plant to a construction site is 500 miles (805 kilometers). Anything beyond that becomes economically unfeasible.
However, the infrastructure to build precast concrete homes is already largely in place. Since precast concrete is often used for office buildings, schools, parking complexes and large apartments buildings, there’s already an extensive national network of manufacturing plants capable of producing and delivering components within that 500-mile radius.
There are other approaches to build homes with concrete: Homes can use concrete masonry units, which are similar to cinder blocks. This is a common technique around the world. Insulated concrete forms involve rigid foam blocks that are stacked like Lego bricks and are then filled with poured concrete, creating a structure with built-in insulation. And there’s even 3D-printed concrete, a rapidly evolving technology that is in its early stages of development.
However, none of these use precast concrete modules – the rings in my prototypes – and therefore require substantially longer on-site time and labor.
To me, precast concrete homes offer a compelling vision for the future of affordable housing. They signal a generational shift away from short-term construction and toward long-term value – redefining what it means to build for resilience, efficiency and equity in housing.
An image of North St. Louis, taken from Google Earth, showing how vacant land can be repurposed using precast concrete homes. Pablo Moyano Fernández, CC BY-SA
Pablo Moyano Fernández does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – USA – By Nancy Forster-Holt, Clinical Associate Professor of Innovation and Entrepreneurship, University of Rhode Island
Americans love small businesses. We dedicate a week each year to applauding them, and spend Small Business Saturday shopping locally. Yet hiding in plain sight is an enormous challenge facing small business owners as they age: retiring with dignity and foresight. The current economic climate is making this even more difficult.
As a professor who studies aging and business, I’ve long viewed small business owners’ retirement challenges as a looming crisis. The issue is now front and center for millions of entrepreneurs approaching retirement. Small enterprises make up more than half of all privately held U.S. companies, and for many of their owners, the business is their retirement plan.
But while owners often hope to finance their golden years by selling their companies, only 20% of small businesses are ready for sale even in good times, according to the Exit Planning Institute. And right now, conditions are far from ideal. An economic stew of inflation, supply chain instability and high borrowing costs means that interest from potential buyers is cooling.
For many business owners, retirement isn’t a distant concern. In the U.S., baby boomers – who are currently 61 to 79 years old – own about 2.3 million businesses. Altogether, they generate about US$5 billion in revenue and employ almost 25 million people. These entrepreneurs have spent decades building businesses that often are deeply rooted in their communities. They don’t have time to ride out economic chaos, and their optimism is at a 50-year low.
New policies, new challenges
You can’t blame them for being gloomy. Recent policy shifts have only made life harder for business owners nearing retirement. Trade instability, whipsawing tariff announcements and disrupted supply chains have eroded already thin margins. Some businesses – generally larger ones with more negotiating power – are absorbing extra costs rather than passing them on to shoppers. Others have no choice but to raise prices, to customers’ dismay. Inflation has further squeezed profits.
At the same time, with a few notableexceptions, buyers and capital have grown scarce. Acquirers and liquidity have dried up across many sectors. The secondary market – a barometer of broader investor appetite – now sees more sellers than buyers. These are textbook symptoms of a “flight to safety,” a market shift that drags out sale timelines and depresses valuations – all while Main Street business owners age out. These entrepreneurs typically have one shot at retirement – if any.
Adding to these woes, many small businesses are part of what economists call regional “clusters,” providing services to nearby universities, hospitals and local governments. When those anchor institutions face budget cuts – as is happening now – small business vendors are often the first to feel the impact.
Research shows that many aging owners actually double down in weak economic times, sinking increasing amounts of time and money in a psychological pattern known as “escalating commitment.” The result is a troubling phenomenon scholars refer to as “benign entrapment.” Aging entrepreneurs can remain attached to their businesses not because they want to, but because they see no viable exit.
This growing crisis isn’t about bad personal planning — it’s a systemic failure.
Rewriting the playbook on small business policy
A key mistake that policymakers make is to lump all small business owners together into one group. That causes them to overlook important differences. After all, a 68-year-old carpenter trying to retire doesn’t have much in common with a 28-year-old tech founder pitching a startup. Policymakers may cheer for high-growth “unicorns,” but they often overlook the “cows and horses” that keep local economies running.
Even among older business owners, circumstances vary based on local conditions. Two retiring carpenters in different towns may face vastly different prospects based on the strength of their local economies. No business, and no business owner, exists in a vacuum.
A small business owner in Rochester, Vt., discusses the challenges of retirement in a news segment from WCAX-TV.
Relatedly, when small businesses fail to transition, it can have consequences for the local economy. Without a buyer, many enterprises will simply shut down. And while closures can be long-planned and thoughtful, when a business closes suddenly, it’s not just the owner who loses. Employees are left scrambling for work. Suppliers lose contracts. Communities lose essential services.
Four ways to help aging entrepreneurs
That’s why I think policymakers should reimagine how they support small businesses, especially owners nearing the end of their careers.
First, small business policy should be tailored to age. A retirement-ready business shouldn’t be judged solely by its growth potential. Rather, policies should recognize stability and community value as markers of success. The U.S. Small Business Administration and regional agencies can provide resources specifically for retirement planning that starts early in a business’s life, to include how to increase the value of the business and a plan to attract acquirers in later stages.
Second, exit infrastructure should be built into local entrepreneurial ecosystems. Entrepreneurial ecosystems are built to support business entry – think incubators and accelerators – but not for exit. In other words, just like there are accelerators for launching businesses, there should be programs to support winding them down. These could include confidential peer forums, retirement-readiness clinics, succession matchmaking platforms and flexible financing options for acquisition.
And finally, policymakers should include ripple-effect analysis in budget decisions. When universities, hospitals or governments cut spending, small business vendors often absorb much of the shock. Policymakers should account for these downstream impacts when shaping local and federal budgets.
If we want to truly support small businesses and their owners, it’s important to honor the lifetime arc of entrepreneurship – not just the launch and growth, but the retirement, too.
Nancy Forster-Holt does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – USA – By Andres Clarens, Professor of Civil and Environmental Engineering, University of Virginia
Steelmaking uses a lot of energy, making it one of the highest greenhouse gas-emitting industries. David McNew/Getty Images
The U.S. Department of Energy’s decision to claw back US$3.7 billion in grants from industrial demonstration projects may create an unexpected opening for American manufacturing.
Many of the grant recipients were deploying carbon capture and storage – technologies that are designed to prevent industrial carbon pollution from entering the atmosphere by capturing it and injecting it deep underground. The approach has long been considered critical for reducing the contributions chemicals, cement production and other heavy industries make to climate change.
However, the U.S. policy reversal could paradoxically accelerate emissions cuts from the industrial sector.
An emissions reality check
Heavy industry is widely viewed as the toughest part of the economy to clean up.
The U.S. power sector has made progress, cutting emissions 35% since 2005 as coal-fired power plants were replaced with cheaper natural gas, solar and wind energy. More than 93% of new grid capacity installed in the U.S. in 2025 was forecast to be solar, wind and batteries. In transportation, electric vehicles are the fastest-growing segment of the U.S. automotive market and will lead to meaningful reductions in pollution.
But U.S. industrial emissions have been mostly unchanged, in part because of the massive amount of coal, gas and oil required to make steel, concrete, aluminum, glass and chemicals. Together these materials account for about 22% of U.S. greenhouse gas emissions.
The global industrial landscape is changing, though, and U.S. industries cannot, in isolation, expect that yesterday’s means of production will be able to compete in a global marketplace.
The appeal of carbon capture and storage, in theory, was that it could be bolted on to an existing factory with minimal changes to the core process and the carbon pollution would go away.
The Trump administration’s pullback of carbon capture and storage grants now removes some of these artificial supports.
Without the expectation that carbon capture will help them meet regulations, this may create space to focus on materials breakthroughs that could revolutionize manufacturing while solving industries’ emissions problems.
The materials innovation opportunity
So, what might emissions-lowering innovation look like for industries such as cement, steel and chemicals? As a civil and environmental engineer who has worked on federal industrial policy, I study the ways these industries intersect with U.S. economic competitiveness and our built environment.
There are many examples of U.S. innovation to be excited about. Consider just a few industries:
Cement: Cement is one of the most widely used materials on Earth, but the technology has changed little over the past 150 years. Today, its production generates roughly 8% of total global carbon pollution. If cement production were a country, it would rank third globally after China and the United States.
Making concrete do more could accelerate the transition. Researchers at Stanford and separately at MIT are developing concrete that can act as a capacitor and store over 10 kilowatt-hours of energy per cubic meter. Such materials could potentially store electricity from your solar roof or allow for roadways that can charge cars in motion.
How concrete could be used as a capacitor. MIT.
Technologies like these could give U.S. companies a competitive advantage while lowering emissions. Heat-shedding concrete cuts air conditioning demand, lighter formulations require less material per structure, and energy-storing concrete could potentially replace carbon-intensive battery manufacturing.
Steel and iron: Steel and iron production generate about 7% of global emissions with centuries-old blast furnace processes that use intense heat to melt iron ore and burn off impurities. A hydrogen-based steelmaking alternative exists today that emits only water vapor, but it requires new supply chains, infrastructure and production techniques.
U.S. Steel has been developing techniques to create stronger microstructures within steel for constructing structures with 50% less material and more strength than conventional designs. When a skyscraper needs that much less steel to achieve the same structural integrity, that eliminates millions of tons of iron ore mining, coal-fired blast furnace operations and transportation emissions.
Companies are developing ways to produce chemicals using engineered enzymes instead of traditional petrochemical processes, achieving 90% lower emissions in a way that could reduce production costs. These bio-based chemicals can naturally biodegrade, and the chemical processes operate at room temperature instead of requiring high heat that uses a lot of energy.
Is there a silver bullet without carbon capture?
While carbon capture and storage might not be the silver bullet for reducing emissions that many people thought it would be, new technologies for managing industrial heat might turn out to be the closest thing to one.
Most industrial processes require temperatures between 300 and 1830 degrees Fahrenheit (150 and 1000 degrees Celsisus for everything from food processing to steel production. Currently, industries burn fossil fuels directly to generate this heat, creating emissions that electric alternatives cannot easily replace. Heat batteries may offer a breakthrough solution by storing renewable electricity as thermal energy, then releasing that heat on demand for industrial processes.
How thermal batteries work. CNBC.
Companies such as Rondo Energy are developing systems that store wind and solar power in bricklike materials heated to extreme temperatures. Essentially, they convert electricity into heat during times when electricity is abundant, usually at night. A manufacturing facility can later use that heat, which allows it to reduce energy costs and improve grid reliability by not drawing power at the busiest times. The Trump administration cut funding for projects working with Rondo’s technology, but the company’s products are being tested in other countries.
Industrial heat pumps provide another pathway by amplifying waste heat to reach the high temperatures manufacturing requires, without using as much fossil fuel.
The path forward
The Department of Energy’s decision forces industrial America into a defining moment. One path leads backward toward pollution-intensive business as usual propping up obsolete processes. The other path drives forward through innovation.
Carbon capture offered an expensive Band-Aid on old technology. Investing in materials innovation and new techniques for making them promises fundamental transformation for the future.
Andres Clarens receives funding from the National Science Foundation and the Alfred P Sloan Foundation.
A comic book produced for Black transgender women in Philadelphia explains the benefits of using PrEP to prevent HIV infection.Wriply Bennet for the Risk Communication Laboratory, Temple University
In Philadelphia, the leading causes of death are heart disease, cancer and unintentional drug overdose. While some of these deaths are caused by things out of our control – like genetics – many are largely preventable.
Preventable deaths are the result of a series of decisions. Whether a person decides to smoke, eat lots of fried foods or be a couch potato, their decisions – sometimes unconsciously – can affect their health.
I’m a health communication expert and public health researcher at Temple University in North Philadelphia. I began working in public health in the late 1980s at the beginning of the HIV/AIDS epidemic, and before that I worked in marketing and public relations. I have spent my career thinking about how health decisions are like many of the decisions consumers make each day around which products to buy.
One key difference with health decisions is the inherent risks involved. There isn’t much risk in trying a new brand of cereal, but there is risk in riding a motorcycle without a helmet.
Many people have a “that won’t happen to me” attitude when making a decision that involves risk. This element of “risk perception” has guided my interest in health decisions and how to use commercial marketing techniques – the same ones companies use to sell products – to encourage people to get vaccinated, get a colonoscopy or get treated for a medical condition.
Temple students involved in the RapidVax project talk to Kensington residents about COVID-19 vaccinations during the pandemic. Temple University College of Public Health
Segmentation analysis is the process of looking at groups of people who may look like they are all similar on the surface – such as Black women from North Philadelphia – and then breaking them into smaller groups based on differences in their attitudes, beliefs or behaviors.
Looking at these “psychographics” instead of demographics like age or sex can help public health communication researchers better understand how to communicate effectively.
We found that participants who were more engaged with the trans community were not only more knowledgeable about PrEP, but they were also more likely to see the benefits of using it compared with those who were less engaged.
This indicates that strategies to reach those not as connected may need to include, for example, providing more basic information about what PrEP is and how it works.
An example of perceptual mapping that shows different attitudes and beliefs around the HIV prevention medication PrEP. Temple University College of Public Health
Mathematical models and 3D maps
Another powerful marketing tool that I use is a process known as perceptual mapping and vector message modeling.
Using simple survey answers, we can mathematically model how people are thinking about a health decision and present it in a three-dimensional map.
Similar to how someone might think about the relationship between where cities or countries are in relation to each other – such as where Philadelphia is in relation to New York or Chicago – we can take answers from a survey and convert them into distances. We ask people to agree or disagree to statements about the benefits or barriers to a decision and enter their responses into a computer program to create the map.
We can then do vector message modeling, which shows how to move the group toward the desired decision.
Think back to high school physics when you may have learned about the amount of force, or pushing and pulling, needed to move one object toward another. Vector message modeling helps us figure out which beliefs to push or pull against to get the group to move toward a particular decision, and it helps us create the most persuasive messages for that group.
When we use vector modeling along with segmentation analysis, we can also compare how messaging may need to be similar or different for different groups.
For example, I used segmentation analysis and then perceptual mapping and vector message modeling to understand how medical mistrust might affect the decision to get vaccinated for COVID-19 among a group of Philadelphians who had not yet been vaccinated.
Education materials created after using commercial marketing techniques to identify persuasive messages about COVID-19 booster shots. Temple University College of Public Health
Our team then looked at perceptual maps and vector message modeling by levels of mistrust. The vectors showed that those with high levels of medical mistrust would be more likely to respond to messages that addressed concerns about the pandemic being a hoax, or the worry that minorities wouldn’t get the same treatment as others.
This allowed us to think about how to build in messages around those issues in public media campaigns or other communication strategies that encourage vaccination.
Decision-making tools
I have used these methods to create and test a number of different communication strategies to influence health decisions.
Staff members from the Risk Communication Laboratory organize materials to educate North Philadelphia residents about COVID-19 booster shots. Temple University College of Public Health
My colleagues and I have also developed posters, booklets and social media posts that encourage low-income and vaccine-hesitant Philadelphians in Kensington to get COVID-19 booster shots; educational slides for low-literacy Philadelphia adults on dirty bombs and how the radioactive weapons might be used in a terror attack; and a comic book for trans women to learn about the benefits of PrEP use.
Getting people to make better decisions about their health can be an uphill battle. We all have our reasons for not doing things that are good for us. For example, what did you eat for lunch today? Was it healthy? If not, why did you eat it?
My job is to figure out what makes people do what they do, and then help them make decisions that keep them healthy.
Sarah Bauerle Bass has received funding from a number of organizations, including the National Institutes of Health, the American Cancer Society, Pennsylvania and Philadelphia Departments of Health, and independent pharma research grants from Gilead and Merck.
On June 24, 2022, the U.S. Supreme Court decision in Dobbs v. Jackson Women’s Health Organization eliminated a nearly 50-year constitutional right to abortion and returned the authority to regulate abortion to the states.
Even while the growing limits on abortion in the U.S. heighten the need for effective contraception, family planning providers are less available in many states, and health insurance coverage of some of the most effective types of contraception is at risk.
A growing demand for contraception
Abortion restrictions have proliferated around the country since the Dobbs decision. As of June 2025, 12 states have near-total abortion bans and 10 states ban abortion before 23 or 24 weeks of gestation, which is when a fetus is generally deemed viable. Of the remaining states, 19 restrict abortion after viability and nine states and Washington have no gestational limits.
It’s no surprise that women living in states that ban or severely restrict abortion may be especially motivated to avoid unintended pregnancy. Even planned pregnancies have grown riskier, with health care providers fearing legal repercussions for treating pregnancy-related medical emergencies such as miscarriages. Such concerns may in part explain emerging research that suggests the use of long-acting contraception such as intrauterine devices, or IUDs, and permanent contraception – namely, sterilization – are on the rise.
A national survey conducted in 2024 asked women ages 18 to 49 if they have changed their contraception practices “as a result of the Supreme Court overturning Roe v. Wade.” It found that close to 1 in 5 women began using contraception for the first time, switched to a more effective contraceptive method, received a sterilization procedure or purchased emergency contraception to keep on hand.
The Supreme Court’s decision in Dobbs reshaped the landscape of abortion access across the U.S.
A study in Ohio hospitals found a nearly 16% increase in women choosing long-acting contraception methods or sterilization in the six months after the Dobbs decision, and a 33% jump in men receiving vasectomies. Another study, which looked at both female and male sterilization in academic medical centers across the country, also reported an uptick in sterilization procedures for young adults ages 18 to 30 after the Dobbs decision, through 2023.
A loss of contraception providers
Ironically, banning or severely restricting abortion statewide may also diminish capacity to provide contraception.
However, the Association of American Medical Colleges reports declining applications to residency training programs located in states that have abortion bans – not just for OB-GYN training programs, but for residency training of all specialties. This drop suggests that doctors may be overall less likely to train in states that restrict medical practice. And given that physicians often stay on to practice in the states where they do their training, it may point to a long-term decline in physicians in those states.
But the most significant drop in contraceptive services likely comes from the closure of abortion clinics in states with the most restrictive abortion policies. That’s because such clinics generally provide a wide range of reproductive services, including contraception. The 12 states with near-total abortion bans had 57 abortion clinics in 2020, all of which were closed as of March 2024. One study reported a 4.1% decline in oral contraceptives dispensed in those states.
Neither method terminates a pregnancy, which by definition begins when a fertilized egg implants in the uterus. Instead, emergency contraceptive pills prevent an egg from being released from the ovaries, while IUDs, depending on the type, prevent sperm from fertilizing an egg or prevent an egg from implanting in the uterus.
Conflating contraception and abortion spreads misinformation and causes confusion. People who believe that certain types of contraception cause abortions may be dissuaded from using those methods and rely on less effective methods. What’s more, it may affect health insurance coverage.
Medicaid, which provides health insurance for low-income children and adults, has been required to cover family planning services at no cost to patients since 1972. Since 2012, the Affordable Care Act has required private health insurers to cover certain women’s health preventive services at no cost to patients, including the full-range of contraceptives approved by the Food and Drug Administration.
According to our research, the insurance coverage required by the Affordable Care Act has increased use of IUDs, which can be prohibitively expensive when paid out of pocket. But if IUDs and emergency contraceptive pills were reclassified as interventions that induce abortion, they likely would not be covered by Medicaid or the Affordable Care Act, since neither type of health insurance requires coverage for abortion care. Thus, access to some of the most effective contraceptive methods could be jeopardized at a time when the right to terminate an unintended or nonviable pregnancy has been rolled back in much of the country.
Indeed, Project 2025, the conservative policy agenda that the Trump administration appears to be following, specifically calls for removing Ella from the Affordable Care Act contraception coverage mandate because it is a “potential abortifacient.” And politicians in multiple states have expressed support for the idea of restricting these contraceptive methods, as well as contraception more broadly.
On the third anniversary of the Dobbs decision, it is clear that its ripple effects include threats to contraception. Considering that contraception use is almost universal among women in their reproductive years, in our view these threats should be taken seriously.
Cynthia H. Chuang receives funding from the Agency for Healthcare Research and Quality.
Carol S. Weisman does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: The Conversation – USA – By Stephen L. Levy, Associate Professor of Physics and Applied Physics and Astronomy, Binghamton University, State University of New York
Many heavy atoms form from a supernova explosion, the remnants of which are shown in this image. NASA/ESA/Hubble Heritage Team
How do atoms form? – Joshua, age 7, Shoreview, Minnesota
Richard Feynman, a famous theoretical physicist who won the Nobel Prize, said that if he could pass on only one piece of scientific information to future generations, it would be that all things are made of atoms.
Understanding how atoms form is a fundamental and important question, since they make up everything with mass.
The question of where atoms comes from requires a lot of physics to be answered completely – and even then, physicists like me only have good guesses to explain how some atoms are formed.
What is an atom?
An atom consists of a heavy center, called the nucleus, made of particles called protons and neutrons. An atom has lighter particles called electrons that you can think of as orbiting around the nucleus.
The electrons each carry one unit of negative charge, the protons each carry one unit of positive charge, and the neutrons have no charge. An atom has the same number of protons as electrons, so it is neutral − it has no overall charge.
An atom consists of positively charged protons, neutrally charged neutrons and negatively charged electrons. AG Caesar/Wikimedia Commons, CC BY-SA
Now, most of the atoms in the universe are the two simplest kinds: hydrogen, which has one proton, zero neutrons and one electron; and helium, which has two protons, two neutrons and two electrons. Of course, on Earth there are lots of atoms besides these that are just as common, such as carbon and oxygen, but I’ll talk about those soon.
An element is what scientists call a group of atoms that are all the same, because they all have the same number of protons.
When did the first atoms form?
Most of the universe’s hydrogen and helium atoms formed around 400,000 years after the Big Bang, which is the name for when scientists think the universe began, about 14 billion years ago.
And based on their understanding of physics, scientists believe that the universe was much hotter when it was smaller.
Before this time, the electrons had too much energy to settle into orbits around the hydrogen and helium nuclei. So, the hydrogen and helium atoms could form only once the universe cooled down to something like 5,000 degrees Fahrenheit (2,760 degrees Celsius). For historical reasons, this process is misleadingly called recombination − combination would be more descriptive.
The helium and deuterium − a heavier form of hydrogen − nuclei formed even earlier, just a few minutes after the Big Bang, when the temperature was above 1 billion F (556 million C). Protons and neutrons can collide and form nuclei like these only at very high temperatures.
Scientists believe that almost all the ordinary matter in the universe is made of about 90% hydrogen atoms and 8% helium atoms.
How do more massive atoms form?
So, the hydrogen and helium atoms formed during recombination, when the cooler temperature allowed electrons to fall into orbits. But you, I and almost everything on Earth is made of many more massive atoms than just hydrogen and helium. How were these atoms made?
The surprising answer is that more massive atoms are made in stars. To make atoms with several protons and neutrons stuck together in the nucleus requires the type of high-energy collisions that occur in very hot places. The energy needed to form a heavier nucleus needs to be large enough to overcome the repulsive electric force that positive charges, like two protons, feel with each other.
The immense heat and pressure in stars can form atoms through a process called fusion. NASA/SDO
Protons and neutrons also have another property – kind of like a different type of charge – that is strong enough to bind them together once they are able to get very close together. This property is called the strong force, and the process that sticks these particles together is called fusion.
Scientists believe that most of the elements from carbon up to iron are fused in stars heavier than our Sun, where the temperature can exceed 1 billion F (556 million C) – the same temperature that the universe was when it was just a few minutes old.
But even in hot stars, elements heavier than iron and nickel won’t form. These require extra energy, because the heavier elements can more easily break into pieces.
In a dramatic event called a supernova, the inner core of a heavy star suddenly collapses after it runs out of fuel to burn. During the powerful explosion this collapse triggers, elements that are heavier than iron can form and get ejected out into the universe.
Astronomers are still figuring out the details of other fantastic stellar events that form larger atoms. For example, colliding neutron stars can release enormous amounts of energy – and elements such as gold – on their way to forming black holes.
Understanding how atoms are made just requires learning a little general relativity, plus some nuclear, particle and atomic physics. But to complicate matters, there is other stuff in the universe that doesn’t appear to be made from normal atoms at all, called dark matter. Scientists are investigating what dark matter is and how it might form.
Hello, curious kids! Do you have a question you’d like an expert to answer? Ask an adult to send your question to CuriousKidsUS@theconversation.com. Please tell us your name, age and the city where you live.
And since curiosity has no age limit – adults, let us know what you’re wondering, too. We won’t be able to answer every question, but we will do our best.
Stephen L. Levy receives funding from the National Science Foundation and the National Institutes of Health. He is affiliated with CyteQuest, Inc.
A simulation of a set of synthetic galaxies. Photons are sampled from these galaxies and have been simulated through the Earth’s atmosphere, a telescope and a sensor using a code called PhoSim.John Peterson/Purdue
Professional astronomers don’t make discoveries by looking through an eyepiece like you might with a backyard telescope. Instead, they collect digital images in massive cameras attached to large telescopes.
Just as you might have an endless library of digital photos stored in your cellphone, many astronomers collect more photos than they would ever have the time to look at. Instead, astronomers like me look at some of the images, then build algorithms and later use computers to combine and analyze the rest.
But how can we know that the algorithms we write will work, when we don’t even have time to look at all the images? We can practice on some of the images, but one new way to build the best algorithms is to simulate some fake images as accurately as possible.
With fake images, we can customize the exact properties of the objects in the image. That way, we can see if the algorithms we’re training can uncover those properties correctly.
My research group and collaborators have found that the best way to create fake but realistic astronomical images is to painstakingly simulate light and its interaction with everything it encounters. Light is composed of particles called photons, and we can simulate each photon. We wrote a publicly available code to do this called the photon simulator, or PhoSim.
The goal of the PhoSim project is to create realistic fake images that help us understand where distortions in images from real telescopes come from. The fake images help us train programs that sort through images from real telescopes. And the results from studies using PhoSim can also help astronomers correct distortions and defects in their real telescope images.
The data deluge
But first, why is there so much astronomy data in the first place? This is primarily due to the rise of dedicated survey telescopes. A survey telescope maps out a region on the sky rather than just pointing at specific objects.
These observatories all have a large collecting area, a large field of view and a dedicated survey mode to collect as much light over a period of time as possible. Major surveys from the past two decades include the SDSS, Kepler, Blanco-DECam, Subaru HSC, TESS, ZTF and Euclid.
The Vera Rubin Observatory in Chile has recently finished construction and will soon join those. Its survey begins soon after its official “first look” event on June 23, 2025. It will have a particularly strong set of survey capabilities.
The Rubin observatory can look at a region of the sky all at once that is several times larger than the full Moon, and it can survey the entire southern celestial hemisphere every few nights.
A survey can shed light on practically every topic in astronomy.
Some of the ambitious research questions include: making measurements about dark matter and dark energy, mapping the Milky Way’s distribution of stars, finding asteroids in the solar system, building a three-dimensional map of galaxies in the universe, finding new planets outside the solar system and tracking millions of objects that change over time, including supernovas.
All of these surveys create a massive data deluge. They generate tens of terabytes every night – that’s millions to billions of pixels collected in seconds. In the extreme case of the Rubin observatory, if you spent all day long looking at images equivalent to the size of a 4K television screen for about one second each, you’d be looking at them 25 times too slow and you’d never keep up.
At this rate, no individual human could ever look at all the images. But automated programs can process the data.
Astronomers don’t just survey an astronomical object like a planet, galaxy or supernova once, either. Often we measure the same object’s size, shape, brightness and position in many different ways under many different conditions.
But more measurements do come with more complications. For example, measurements taken under certain weather conditions or on one part of the camera may disagree with others at different locations or under different conditions. Astronomers can correct these errors – called systematics – with careful calibration or algorithms, but only if we understand the reason for the inconsistency between different measurements. That’s where PhoSim comes in. Once corrected, we can use all the images and make more detailed measurements.
Simulations: One photon at a time
To understand the origin of these systematics, we built PhoSim, which can simulate the propagation of light particles – photons – through the Earth’s atmosphere and then into the telescope and camera.
A simulation of photons traveling from a single star to the Vera Rubin Observatory, made using PhoSim. The layers of turbulence in the atmosphere move according to wind patterns (top middle), and the mirrors deform (top right) depending on the temperature and forces exerted on them. The photons with different wavelengths (colors) are sampled from a star, refract through the atmosphere and then interact with the telescope’s mirrors, filter and lenses. Finally, the photons eject electrons in the sensor (bottom middle) that are counted in pixels to make an image (bottom right). John Peterson/Purdue
PhoSim simulates the atmosphere, including air turbulence, as well as distortions from the shape of the telescope’s mirrors and the electrical properties of the sensors. The photons are propagated using a variety of physics that predict what photons do when they encounter the air and the telescope’s mirrors and lenses.
The simulation ends by collecting electrons that have been ejected by photons into a grid of pixels, to make an image.
Representing the light as trillions of photons is computationally efficient and an application of the Monte Carlo method, which uses random sampling. Researchers used PhoSim to verify some aspects of the Rubin observatory’s design and estimate how its images would look.
A simulations of a series of exposures of stars, galaxies and background light through the Rubin observatory using PhoSim. Photons are sampled from the objects and then interact with the Earth’s atmosphere and Rubin’s telescope and camera. John Peterson/Purdue
The results are complex, but so far we’ve connected the variation in temperature across telescope mirrors directly to astigmatism – angular blurring – in the images. We’ve also studied how high-altitude turbulence in the atmosphere that can disturb light on its way to the telescope shifts the positions of stars and galaxies in the image and causes blurring patterns that correlate with the wind. We’ve demonstrated how the electric fields in telescope sensors – which are intended to be vertical – can get distorted and warp the images.
Researchers can use these new results to correct their measurements and better take advantage of all the data that telescopes collect.
Traditionally, astronomical analyses haven’t worried about this level of detail, but the meticulous measurements with the current and future surveys will have to. Astronomers can make the most out of this deluge of data by using simulations to achieve a deeper level of understanding.
John Peterson does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Pain is easy to understand until it isn’t. A stubbed toe or sprained ankle hurts, but it makes sense because the cause is clear and the pain fades as you heal.
But what if the pain didn’t go away? What if even a breeze felt like fire, or your leg burned for no reason at all? When pain lingers without a clear cause, that’s neuropathic pain.
We areneuroscientists who study how pain circuits in the brain and spinal cord change over time. Our work focuses on the molecules that quietly reshape how pain is felt and remembered.
We didn’t fully grasp how different neuropathic pain was from injury-related pain until we began working in a lab studying it. Patients spoke of a phantom pain that haunted them daily – unseen, unexplained and life-altering.
These conversations shifted our focus from symptoms to mechanisms. What causes this ghost pain to persist, and how can we intervene at the molecular level to change it?
More than just physical pain
Neuropathic pain stems from damage to or dysfunction in the nervous system itself. The system that was meant to detect pain becomes the source of it, like a fire alarm going off without a fire. Even a soft touch or breeze can feel unbearable.
Neuropathic pain doesn’t just affect the body – it also alters the brain. Chronic pain of this nature often leads to depression, anxiety, social isolation and a deep sense of helplessness. It can make even the most routine tasks feel unbearable.
About 10% of the U.S. population – tens of millions of people – experience neuropathic pain, and cases are rising as the population ages. Complications from diabetes, cancer treatments or spinal cord injuries can lead to this condition. Despite its prevalence, doctors often overlook neuropathic pain because its underlying biology is poorly understood.
There’s also an economic cost to neuropathic pain. This condition contributes to billions of dollars in health care spending, missed workdays and lost productivity. In the search for relief, many turn to opioids, a path that, as seen from the opioid epidemic, can carry its own devastating consequences through addiction.
GluD1: A quiet but crucial player
Finding treatments for neuropathic pain requires answering several questions. Why does the nervous system misfire in this way? What exactly causes it to rewire in ways that increase pain sensitivity or create phantom sensations? And most urgently: Is there a way to reset the system?
This is where our lab’s work and the story of a receptor called GluD1 comes in. Short for glutamate delta-1 receptor, this protein doesn’t usually make headlines. Scientists have long considered GluD1 a biochemical curiosity, part of the glutamate receptor family, but not known to function like its relatives that typically transmit electrical signals in the brain.
Instead, GluD1 plays a different role. It helps organize synapses, the junctions where neurons connect. Think of it as a construction foreman: It doesn’t send messages itself, but directs where connections form and how strong they become.
This organizing role is critical in shaping the way neural circuits develop and adapt, especially in regions involved in pain and emotion. Our lab’s research suggests that GluD1 acts as a molecular architect of pain circuits, particularly in conditions like neuropathic pain where those circuits misfire or rewire abnormally. In parts of the nervous system crucial for pain processing like the spinal cord and amygdala, GluD1 may shape how people experience pain physically and emotionally.
Fixing the misfire
Across our work, we found that disruptions to GluD1 activity is linked to persistent pain. Restoring GluD1 activity can reduce pain. The question is, how exactly does GluD1 reshape the pain experience?
In our first study, we discovered that GluD1 doesn’t operate solo. It teams up with a protein called cerebellin-1 to form a structure that maintains constant communication between brain cells. This structure, called a trans-synaptic bridge, can be compared to a strong handshake between two neurons. It makes sure that pain signals are appropriately processed and filtered.
But in chronic pain, the bridge between these proteins becomes unstable and starts to fall apart. The result is chaotic. Like a group chat where everyone is talking at once and nobody can be heard clearly, neurons start to misfire and overreact. This synaptic noise turns up the brain’s pain sensitivity, both physically and emotionally. It suggests that GluD1 isn’t just managing pain signals, but also may be shaping how those signals feel.
In our second study, we injected mice with cerebellin-1 and saw that it reactivated GluD1 activity, easing their chronic pain without producing any side effects. It helped the pain processing system work again without the sedative effects or disruptions to other nerve signals that are common with opioids. Rather than just numbing the body, reactivating GluD1 activity recalibrated how the brain processes pain.
Of course, this research is still in the early stages, far from clinical trials. But the implications are exciting: GluD1 may offer a way to repair the pain processing network itself, with fewer side effects and less risk of addiction than current treatments.
For millions living with chronic pain, this small, peculiar receptor may open the door to a new kind of relief: one that heals the system, not just masks its symptoms.
The authors do not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and have disclosed no relevant affiliations beyond their academic appointment.
IAM District 837 President and Directing Business Representative Tom Boelling recently led a high-level tour of Boeing’s St. Louis-area facilities, joined by IAM Resident General Vice President Jody Bennett. The tour provided an in-depth look at the critical aerospace manufacturing work being performed by IAM members across three key locations: St. Louis, St. Charles, Mo., and Mascoutah, Ill.
“Our members take immense pride in the work they do to support our military and protect our country,” said IAM Resident General Vice President Jody Bennett. “This tour was an important reminder of what we stand for, not just as union members, but as the builders of American strength and security.”
District 837 members play an essential role in building and producing some of the world’s most advanced military aircraft and defense systems. These include the iconic F-15 and F/A-18 fighter jets, the state-of-the-art T-7A Red Hawk advanced trainer, and the groundbreaking MQ-25 Stingray, the U.S. Navy’s first carrier-based unmanned aerial refueler.
The visit underscored the skill, dedication, and pride of IAM members who contribute to national defense and aerospace innovation daily. It also served as an opportunity for leadership to hear directly from the workforce ahead of upcoming negotiations, ensuring that their voices remain central to the process.
The post IAM District 837 Hosts Leadership Tour of Boeing St. Louis Facilities Ahead of Vital Negotiations appeared first on IAM Union.
Newark, NJ, June 23, 2025 (GLOBE NEWSWIRE) —BOSSMoney, the remittance and payments brand of IDT Corporation (NYSE: IDT), achieved the highest average app store rating of the eighteen digital money transfer companies in FXC Intelligence’s 2025 customer satisfaction ranking. FXC Intelligence is a highly regarded financial intelligence and analytics company specializing in cross-border payments.
The BOSS Money app led the pack with a 4.9 average app rating in the FXC Intelligence rankings. Over 100,000 customers across the App store and Google Play platforms have given BOSS Money the highest possible score.
“This recognition reflects the BOSS Money app’s unrivaled ease-of-use and proven reliability,” said Esti Witty, EVP Product at BOSS Money. “Our customers’ feedback, experiences, and trust inspire us to innovate and improve every day.”
The FXC Intelligence app rankings reflect comparative customer scores for money transfer apps in the App Store and Google Play. Boss Money’s 4.6 Trustpilot rating was also among the highest in its peer group.
New BOSS Money customers get two $0-fee transfers on their first two transactions to over 50 countries using a debit card in the BOSS Money app, and five $0-fee transactions when sending money to family or friends in Mexico. BOSS Money is known for its low fees and competitive exchange rates. Within the app, customers can compare foreign exchange rates quoted by leading money transfer providers to see exactly how much they are saving.
“If you have not yet tried the BOSS Money app, this is your invitation. With two $0-fee transfers and the best exchange rates, it is easier than ever to become a happy BOSS Money customer,” Witty emphasized.
The BOSS Money app is free at the iOS App and Google Play Stores.
To learn more about BOSS Money’s low fees, competitive exchange rates and exclusive promotions visit bossmoney.com.
ABOUT BOSS MONEY
BOSS Money’s rapidly expanding international remittance service provides fast, secure and reliable money transfers for residents of the U.S. and Canada to popular destination countries in Latin America, the Caribbean, Africa, and South Asia. BOSS Money offers a robust menu of payout options including cash pick-up, mobile money, in-country bank account, and debit card direct deposit. Customers can remit funds through the highly rated BOSS Money and BOSS Revolution apps or through licensed Boss Money retailers.
ABOUT IDT CORPORATION
IDT Corporation (NYSE: IDT) is a global provider of fintech and communications solutions through a portfolio of synergistic businesses: National Retail Solutions (NRS), through its point-of-sale (POS) platform, enables independent retailers to operate more effectively while providing advertisers and marketers with unprecedented reach into underserved consumer markets; BOSS Money facilitates innovative international remittances and fintech payments solutions; net2phone provides enterprises and organizations with intelligently integrated cloud communications and contact center services across channels and devices; IDT Digital Payments and the BOSS Revolution calling service make sharing prepaid products and services and speaking with friends and family around the world convenient and reliable; and, IDT Global and IDT Express enable communications services to provision and manage international voice and SMS messaging.
All statements above that are not purely about historical facts, including, but not limited to, those in which we use the words “believe,” “anticipate,” “expect,” “plan,” “intend,” “estimate,” “target” and similar expressions, are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. While these forward-looking statements represent our current judgment of what may happen in the future, actual results may differ materially from the results expressed or implied by these statements due to numerous important factors. Our filings with the SEC provide detailed information on such statements and risks and should be consulted along with this release. To the extent permitted under applicable law, IDT assumes no obligation to update any forward-looking statements.
MONTCLAIR, N.J., June 23, 2025 (GLOBE NEWSWIRE) — 180 Degree Capital Corp. (NASDAQ:TURN) (“180 Degree Capital”) today provides notice to its shareholders of its intent to hold a special meeting of shareholders for the sole purpose of electing directors (“Director Election Special Meeting”) on August 18, 2025, as required under New York Business Corporation Law pursuant to the shareholder demand request submitted on June 17, 2025 (the “Demand Letter”), and in lieu of holding an annual meeting of shareholders.
The Board of Directors of 180 Degree Capital has tentatively set a record date of July 18, 2025, for the Director Election Special Meeting. 180 Degree Capital is in the process of requesting confirmation from the shareholders who made the demand that they actually held the percentage of 180 Degree Capital’s outstanding shares required under New York law as of the date of their demand, given discrepancies between the dates of their affidavits and the date of their demand, as well as disclosures certain of those shareholders made publicly in connection with the delivery of their demand letter.
“Given our goal of minimizing expenses and maximizing net asset value heading into our proposed merger with Mount Logan Capital Inc. (“Mount Logan”) in an all-stock transaction (the “Business Combination”), we did not originally plan to incur the expense of holding an annual meeting of shareholders ahead of the upcoming special meeting for shareholders to approve the Business Combination (the “Business Combination Special Meeting”),” said Kevin M. Rendino, Chief Executive Officer of 180 Degree Capital. “We continue to encourage constructive conversations with all shareholders, whether large or small holders of our stock. We can be reached anytime at our contact information included in our press releases. In an effort to not have 180 Degree Capital shareholders bear the cost of multiple proxy solicitations, we proactively reached out to the shareholder who issued this demand last week, and we look forward to the opportunity to engage with them in a constructive dialog at their convenience. We would note that their last direct outreach to speak with 180 Degree Capital’s management prior to sending the Demand Letter was in July 2024.”
Mr. Rendino continued, “We truly appreciate the strong support for the Business Combination that we have received from an overwhelming number of our current shareholders and new ones who have built positions in 180 Degree Capital since the announcement of the proposed Business Combination. These supportive shareholders see what we do in the potential Business Combination – ownership in the robust balance sheet of Mount Logan and access to its extensive credit capabilities allow our merged company to provide comprehensive solutions across the capital structure for the vast universe of small cap companies we evaluate and invest in and provide what we believe is a unique opportunity to build substantial value for our shareholders. These opportunities exist because as constructive activists, we have always sought to work with boards and management teams to unlock value for shareholders. We proactively call our investee management teams and boards to propose and discuss solutions with complete transparency to drive outcomes that we believe can benefit all stakeholders of our investee companies, including, but not limited to, 180 Degree Capital. As such, this is why we believe we have never had to run competitive proxies, and rather have been either invited to join boards, have highly qualified candidates we introduce be appointed to boards, or been provided opportunities to lead and/or participate in capital structure solutions that are not widely marketed to drive material value creation and long-term partnerships. Further, we believe the Business Combination makes our net asset value per share (“NAV”) a floor for potential future value creation for our common shares rather than the ceiling our current structure imparts to our stock price based on NAV. We are thrilled at the potential opportunity for our shareholders to own a valuable and profitable company with great growth potential.”
“In terms of progress toward completing our proposed Business Combination, we believe we are making material progress through the SEC review process that is required for us and any public company to complete prior to holding the Business Combination Special Meeting,” added Daniel B. Wolfe, President of 180 Degree Capital Corp. “We believe our amended preliminary joint proxy statement/prospectus filed on June 12, 2025, addressed the comments received from the SEC to date, and we look forward to addressing any other comments/questions in subsequent amended filings. We are laser focused on driving our proposed Business Combination to a close that we believe will unlock future value creation for all of 180 Degree Capital’s shareholders.”
About 180 Degree Capital Corp.
180 Degree Capital Corp. is a publicly traded registered closed-end fund focused on investing in and providing value-added assistance through constructive activism to what we believe are substantially undervalued small, publicly traded companies that have potential for significant turnarounds. Our goal is that the result of our constructive activism leads to a reversal in direction for the share price of these investee companies, i.e., a 180-degree turn. Detailed information about 180 Degree Capital and its holdings can be found on its website at www.180degreecapital.com.
Press Contact: Daniel B. Wolfe Robert E. Bigelow 180 Degree Capital Corp. 973-746-4500 ir@180degreecapital.com
Additional Information and Where to Find It
In connection with the Director Election Special Meeting, 180 Degree Capital intends to file with the SEC a proxy statement on Schedule 14A (the “Director Election Proxy Statement”), containing a form of WHITE proxy card, with respect to its solicitation of proxies for the Director Election Special Meeting. INVESTORS AND SECURITY HOLDERS ARE URGED TO READ THE DIRECTOR ELECTION PROXY STATEMENT (INCLUDING ANY AMENDMENTS OR SUPPLEMENTS THERETO) FILED BY THE COMPANY AND ANY OTHER RELEVANT DOCUMENTS FILED WITH THE SEC WHEN THEY BECOME AVAILABLE CAREFULLY AND IN THEIR ENTIRETY BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT ANY SOLICITATION. Investors and security holders may obtain copies of these documents and other documents filed with the SEC by the Company free of charge through the website maintained by the SEC at https://www.sec.gov. Copies of the documents filed by the Company are also available free of charge by accessing the Company’s investor relations website at https://ir.180degreecapital.com.
In connection with the agreement and plan of merger among 180 Degree Capital, Mount Logan Capital Inc. (“Mount Logan”), Yukon New Parent, Inc. (“New Mount Logan”), Polar Merger Sub, Inc., and Moose Merger Sub, LLC, dated January 16, 2025, as it may from time to time be amended, modified or supplemented (the “Merger Agreement”) that details the proposed combination of the businesses of 180 Degree Capital and Mount Logan and any other transactions contemplated by and pursuant to the terms of the Merger Agreement (the “Business Combination”), 180 Degree Capital intends to file with the SEC and mail to its shareholders a proxy statement on Schedule 14A (the “Business Combination Proxy Statement”), containing a form of WHITE proxy card. In addition, the surviving Delaware corporation, New Mount Logan plans to file with the SEC a registration statement on Form S-4 (the “Registration Statement”) that will register the exchange of New Mount Logan shares in the Business Combination and include the Proxy Statement and a prospectus of New Mount Logan (the “Prospectus”). The Business Combination Proxy Statement and the Registration Statement (including the Prospectus) will each contain important information about 180 Degree Capital, Mount Logan, New Mount Logan, the Business Combination and related matters. SHAREHOLDERS OF 180 DEGREE CAPITAL AND MOUNT LOGAN ARE URGED TO READ THE BUSINESS COMBINATION PROXY STATEMENT AND PROSPECTUS CONTAINED IN THE REGISTRATION STATEMENT AND OTHER DOCUMENTS THAT ARE FILED OR WILL BE FILED WITH THE APPLICABLE SECURITIES REGULATORY AUTHORITIES AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS CAREFULLY AND IN THEIR ENTIRETY WHEN THEY BECOME AVAILABLE BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT 180 DEGREE CAPITAL, MOUNT LOGAN, NEW MOUNT LOGAN, THE BUSINESS COMBINATION AND RELATED MATTERS. Investors and security holders may obtain copies of these documents and other documents filed with the applicable securities regulatory authorities free of charge through the website maintained by the SEC at https://www.sec.gov and the website maintained by the Canadian securities regulators at www.sedarplus.ca. Copies of the documents filed by 180 Degree Capital are also available free of charge by accessing 180 Degree Capital’s investor relations website at https://ir.180degreecapital.com.
Certain Information Concerning the Participants
180 Degree Capital, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies in connection with the Business Combination and the Director Election Special Meeting. Information about 180 Degree Capital’s executive officers and directors is available in 180 Degree Capital’s Annual Report filed on Form N-CSR for the year ended December 31, 2024, which was filed with the SEC on February 13, 2025, and in its proxy statement for the 2024 Annual Meeting of Shareholders (“2024 Annual Meeting”), which was filed with the SEC on March 1, 2024. To the extent holdings by the directors and executive officers of 180 Degree Capital securities reported in the proxy statement for the 2024 Annual Meeting have changed, such changes have been or will be reflected on Statements of Change in Ownership on Forms 3, 4 or 5 filed with the SEC. These documents are or will be available free of charge at the SEC’s website at https://www.sec.gov. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the 180 Degree Capital shareholders in connection with the Business Combination and the Director Election Special Meeting will be contained in the Business Combination Proxy Statement and the Director Election Proxy Statement, respectively, when each such document becomes available.
Mount Logan, its directors and executive officers and other members of management and employees may be deemed to be participants in the solicitation of proxies from the shareholders of Mount Logan in favor of the approval of the Business Combination. Information about Mount Logan’s executive officers and directors is available in Mount Logan’s annual information form dated March 13, 2025, available on its website at https://mountlogancapital.ca/investor-relations and on SEDAR+ at https://www.sedarplus.com. To the extent holdings by the directors and executive officers of Mount Logan securities reported in Mount Logan’s annual information form have changed, such changes have been or will be reflected on insider reports filed on SEDI at https://www.sedi.com/sedi/. Additional information regarding the persons who may, under the rules of the SEC, be considered participants in the solicitation of the Mount Logan shareholders in connection with the Business Combination will be contained in the Prospectus included in the Registration Statement when such document becomes available.
Non-Solicitation
This letter and the materials accompanying it are not intended to be, and shall not constitute, an offer to buy or sell or the solicitation of an offer to buy or sell any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made, except by means of a prospectus meeting the requirements of Section 10 of the U.S. Securities Act of 1933, as amended.
Forward-Looking Statements
This press release, and oral statements made from time to time by representatives of 180 Degree Capital and Mount Logan, may contain statements of a forward-looking nature relating to future events within the meaning of federal securities laws. Forward-looking statements may be identified by words such as “anticipates,” “believes,” “could,” “continue,” “estimate,” “expects,” “intends,” “will,” “should,” “may,” “plan,” “predict,” “project,” “would,” “forecasts,” “seeks,” “future,” “proposes,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions). Forward-looking statements are not statements of historical fact and reflect Mount Logan’s and 180 Degree Capital’s current views about future events. Such forward-looking statements include, without limitation, statements about the benefits of the Business Combination involving Mount Logan and 180 Degree Capital, including future financial and operating results, Mount Logan’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the Business Combination, and other statements that are not historical facts, including but not limited to future results of operations, projected cash flow and liquidity, business strategy, payment of dividends to shareholders of New Mount Logan, and other plans and objectives for future operations. No assurances can be given that the forward-looking statements contained in this press release will occur as projected, and actual results may differ materially from those projected. Forward-looking statements are based on current expectations, estimates and assumptions that involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. These risks and uncertainties include, without limitation, the ability to obtain the requisite Mount Logan and 180 Degree Capital shareholder approvals; the risk that Mount Logan or 180 Degree Capital may be unable to obtain governmental and regulatory approvals required for the Business Combination (and the risk that such approvals may result in the imposition of conditions that could adversely affect New Mount Logan or the expected benefits of the Business Combination); the risk that an event, change or other circumstance could give rise to the termination of the Business Combination; the risk that a condition to closing of the Business Combination may not be satisfied; the risk of delays in completing the Business Combination; the risk that the businesses will not be integrated successfully; the risk that synergies from the Business Combination may not be fully realized or may take longer to realize than expected; the risk that any announcement relating to the Business Combination could have adverse effects on the market price of Mount Logan’s common shares or 180 Degree Capital’s common shares; unexpected costs resulting from the Business Combination; the possibility that competing offers or acquisition proposals will be made; the risk of litigation related to the Business Combination; the risk that the credit ratings of New Mount Logan or its subsidiaries may be different from what the companies expect; the diversion of management time from ongoing business operations and opportunities as a result of the Business Combination; the risk of adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the Business Combination; competition, government regulation or other actions; the ability of management to execute its plans to meet its goals; risks associated with the evolving legal, regulatory and tax regimes; changes in economic, financial, political and regulatory conditions; natural and man-made disasters; civil unrest, pandemics, and conditions that may result from legislative, regulatory, trade and policy changes; and other risks inherent in Mount Logan’s and 180 Degree Capital’s businesses. Forward-looking statements are based on the estimates and opinions of management at the time the statements are made. Readers should carefully review the statements set forth in the reports, which 180 Degree Capital has filed or will file from time to time with the SEC and Mount Logan has filed or will file from time to time on SEDAR+.
Neither Mount Logan nor 180 Degree Capital undertakes any obligation, and expressly disclaims any obligation, to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise, except as required by law. Any discussion of past performance is not an indication of future results. Investing in financial markets involves a substantial degree of risk. Investors must be able to withstand a total loss of their investment. The information herein is believed to be reliable and has been obtained from sources believed to be reliable, but no representation or warranty is made, expressed or implied, with respect to the fairness, correctness, accuracy, reasonableness or completeness of the information and opinions. The references and link to the website www.180degreecapital.com and mountlogancapital.ca have been provided as a convenience, and the information contained on such websites are not incorporated by reference into this press release. Neither 180 Degree Capital nor Mount Logan is responsible for the contents of third-party websites.
SAN FRANCISCO, June 23, 2025 (GLOBE NEWSWIRE) — iRhythm Technologies, Inc. (NASDAQ:IRTC) announced the results from two large-scale real-world studies presented at the American Diabetes Association’s 85th Scientific Sessions (ADA 2025). The analyses reveal that cardiac arrhythmias are common and often occur early in people with type 2 diabetes (T2D)—especially those who also have chronic kidney disease (CKD). These findings suggest a critical opportunity to enhance early detection strategies in at-risk cardiometabolic populations.
The studies examined longitudinal claims data from over 30 million U.S. adults, providing new insights into how arrhythmias—often asymptomatic—cluster around major disease inflection points. In T2D patients, arrhythmias were frequently identified prior to or shortly after diagnoses of CKD or major adverse cardiovascular events such as stroke or heart failure.
Cardiac arrhythmias—conditions in which the heart beats too fast, too slow, or irregularly1—are a serious public health concern. In the general U.S. population, they affect roughly 1 in 20 adults2. But in people with type 2 diabetes and chronic kidney disease—already at elevated cardiovascular risk3—new data reveal that arrhythmias occur more frequently, and often much earlier, than previously recognized.
Left undetected, certain arrhythmias can lead to stroke, heart failure, hospitalization, or even death4-6. That’s why early detection is critical—giving clinicians a chance to act before complications arise. Yet in most diabetes care pathways, arrhythmias are not routinely screened for7, and many patients experience no symptoms at all8.
“These findings support a growing body of evidence that heart rhythm disorders are not just late-stage complications—they often emerge much earlier, silently, and in ways that may help us better identify patients at rising risk,” said Mintu Turakhia, MD, iRhythm’s Chief Medical Officer, Chief Scientific Officer, and EVP of Product Innovation. “For patients living with diabetes and kidney disease, earlier detection of these arrhythmias may offer a window to take action before more serious events occur.”
In a T2D cohort of 8.8 million individuals, over 1.1 million individuals were diagnosed with major arrhythmias.
47% of arrhythmias occurred after diabetes diagnosis, with a median time of 496 days.
Among patients who experienced a MACE, 25% did so on or after arrhythmia detection, while 45% of MACE occurred beforehand—pointing to a complex but tightly linked risk timeline.
Among 3.2 million T2D patients who then received a CKD diagnosis, 670,003 (21%) developed a major arrhythmia, of which 397,359 (59%) occurred before CKD diagnosis.
Median time from T2D to arrhythmia was 488 days; median time from arrhythmia to MACE was 800 days.
Notably, 17% of patients who experienced a MACE did so within three days of their arrhythmia event.
These findings suggest that arrhythmias are not only common in people with diabetes and kidney disease, but are often detected for the first time in close proximity to major cardiovascular events.
Building on Prior Findings: A Broader Pattern Emerging
Twice the hospitalization rate of those without arrhythmias
35–50% higher emergency care costs
Hospital stays up to 5 days longer
Additionally, real-world data presented at ACC.25 demonstrated that fewer than one in five patients experience a symptom coinciding with an arrhythmic episode. This reinforces the need to monitor patients based upon unique risk factors instead of symptoms.
Across both ADA and AHA datasets, the real-world evidence shows a consistent signal: undiagnosed arrhythmias are clinically consequential and economically burdensome—and early rhythm detection could help change that trajectory.
About the studies presented at ADA 2025
Incidence of Cardiac Arrhythmias in Patients with Diabetes: A Real-World Study
Type 2 Diabetes (T2D) contributes to development of arrhythmias through autonomic dysfunction, electrical remodeling, oxidative stress, and inflammation. This real-world evidence study examined the burden of arrhythmias in T2D and their temporal relationship with major cardiovascular events (MACE). Using a national claims database (Symphony Integrated Dataverse), study investigators identified adults with T2D (2014–2024) experiencing arrhythmias, their timing relative to T2D onset, and associations with cardiometabolic comorbidities. Among 8.8 million adults with T2D (median age: 60 years; 46% male, 54% female), a total of 1.14 million individuals developed a major arrhythmia (Table 1). Of these, 43% occurred prior to T2D; 57% developed on or after T2D. The median time to arrhythmia post T2D was 496 days (range: 1–2,007 days). Hypertension was present in 20%; 38% had at least one metabolic risk factor (chronic kidney disease, dyslipidemia, liver dysfunction, or obesity); 25% experienced a MACE either at the time of or following arrhythmias (median time:1 day; range: 0–1,925 days). MACE occurred in 45% of patients preceding the diagnosis of arrhythmia (median time: 542 days; range: 1–2,373 days). The findings highlight the burden of arrhythmias in T2D and the association between arrhythmias and MACE. Further investigations are warranted to elucidate the potential strategies for early diagnosis, risk stratification and intervention.
Incidence and Timing of Major Arrhythmias in T2D and CKD: A Real-World Analysis
Type 2 diabetes (T2D) is a leading cause of chronic renal disease (CKD). Despite strong links between T2D, CKD, and cardiovascular disease (CV), the incidence and timing of major arrhythmias in this high-risk population remains unclear. This study examined the incidence, timing, and risk associations of major arrhythmias in T2D-CKD patients. Study investigators analyzed Symphony Integrated Dataverse (2018-2024) claims data on adults with CKD (stages 1-4) following T2D, assessing arrhythmia occurrence, timing, and metabolic/CV risk factors. Among 3.2 million T2D patients subsequent CKD diagnosis (51% females, median age 73; 49% males, median age 72), 670,003 (21%) developed major arrhythmias, mainly atrial fibrillation (AF). In 59%, arrhythmias preceded CKD (56% males, median age 73; 44% females, median age 74). Median time from T2D to arrhythmia: 488 days (1-2,362); arrhythmia to CKD: 462 days (1-2,368); arrhythmia to MACE: 800 days (2-2,348). When arrhythmias followed CKD (54% males, median age 75; 46% females, median age 76), CKD-to-arrhythmia median time: 355 days (1-2,003). MACE occurred in 17% (54% males, 46% females; median age 76) within three days of arrhythmia, CKD-to-MACE median time: 461 days (1-1,998). Findings reveal that arrhythmias are common in T2D-CKD and strongly linked to MACE, suggesting that identifying shared mechanisms between T2D, CKD, and arrhythmias requires innovative diagnostic approaches, including continuous ambulatory EKG monitoring to drive early intervention and precision therapies.
About iRhythm Technologies iRhythm is a leading digital health care company that creates trusted solutions that detect, predict, and prevent disease. Combining wearable biosensors and cloud-based data analytics with powerful proprietary algorithms, iRhythm distills data from millions of heartbeats into clinically actionable information. Through a relentless focus on patient care, iRhythm’s vision is to deliver better data, better insights, and better health for all.
Ataklte et al. Meta-analysis of ventricular premature complexes and their relation to cardiac mortality in general populations. The American Journal of Cardiology, 2013.
Lin et al. Long-Term Outcome of Non-Sustained Ventricular Tachycardia in Structurally Normal Hearts. PLOS ONE, 2016.
Wolf et al. Atrial fibrillation as an independent risk factor for stroke: the Framingham Study. Stroke, 1991.
Bhave, P. D., & Soliman, E. Z. (2024). Should patients with diabetes be routinely screened for atrial fibrillation? Expert Review of Cardiovascular Therapy, 22(1–3), 5–6. https://doi.org/10.1080/14779072.2024.2328645
Nairobi (Agenzia Fides) – Let dialogue prevail between the government and young people. This is the appeal for the march in memory of the victims of last year’s protests against the budget law (see Fides, June 21, 25, and 26, 2024). The march is scheduled for June 25. Yesterday, Sunday, June 22, addressing the media together, Monsignor Anthony Muheria, Archbishop of Nyeri and Vice President of the Kenya Conference of Catholic Bishops (KCCB), and his counterpart in Nairobi, Archbishop Philip Arnold Subira Anyolo, invited President William Ruto to listen to the country’s youth.“With just over 60 hours to the march, our greatest call is to safeguard human life,” declared Archbishop Muheria. “It does not matter what your goals are—the most urgent goal is to protect life, uplift the poor, and listen to one another.”Archbishop Anyolo added: “We have no right at any time to take the life of another. As Catholics, we believe life begins at conception – and that belief compels us to care even for mothers who mourn children killed in such unrest,” The two Archbishops also addressed a message to young people, urging them to moderate their intransigent positions and participate constructively in nation-building, while warning political leaders that inflammatory rhetoric fuels division and violence. Addressing the young people, Archbishop Muheria ask for “a spirit of unity,” so “let us walk together and find solutions as we mourn those who died.”“Political leaders must avoid recklessness in speech. As our national anthem reminds us, we must speak with each other to live together as one nation,” added Msgr. Anyolo.The two prelates urged the government to prioritize justice for those who lost their lives during last year’s protests and for those still recovering from injuries sustained in clashes with law enforcement, which left at least 60 dead. In recent days, clashes have erupted during demonstrations demanding the truth about the death in a security cell of blogger Albert Ojwang (see Fides, June 12 and 17, 2025). (L.M.) (Agenzia Fides, 23/6/2025)
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Nairobi (Agenzia Fides) – Let dialogue prevail between the government and young people. This is the appeal for the march in memory of the victims of last year’s protests against the budget law (see Fides, June 21, 25, and 26, 2024). The march is scheduled for June 25. Yesterday, Sunday, June 22, addressing the media together, Monsignor Anthony Muheria, Archbishop of Nyeri and Vice President of the Kenya Conference of Catholic Bishops (KCCB), and his counterpart in Nairobi, Archbishop Philip Arnold Subira Anyolo, invited President William Ruto to listen to the country’s youth.“With just over 60 hours to the march, our greatest call is to safeguard human life,” declared Archbishop Muheria. “It does not matter what your goals are—the most urgent goal is to protect life, uplift the poor, and listen to one another.”Archbishop Anyolo added: “We have no right at any time to take the life of another. As Catholics, we believe life begins at conception – and that belief compels us to care even for mothers who mourn children killed in such unrest,” The two Archbishops also addressed a message to young people, urging them to moderate their intransigent positions and participate constructively in nation-building, while warning political leaders that inflammatory rhetoric fuels division and violence. Addressing the young people, Archbishop Muheria ask for “a spirit of unity,” so “let us walk together and find solutions as we mourn those who died.”“Political leaders must avoid recklessness in speech. As our national anthem reminds us, we must speak with each other to live together as one nation,” added Msgr. Anyolo.The two prelates urged the government to prioritize justice for those who lost their lives during last year’s protests and for those still recovering from injuries sustained in clashes with law enforcement, which left at least 60 dead. In recent days, clashes have erupted during demonstrations demanding the truth about the death in a security cell of blogger Albert Ojwang (see Fides, June 12 and 17, 2025). (L.M.) (Agenzia Fides, 23/6/2025)
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by Marta ZhaoRome (Agenzia Fides) – On June 10, 2025, Father Peter Li Yu of the Diocese of Qiqihar, in the Chinese province of Heilongjiang, died at the age of 56. On May 3, 2025, Father Joseph Xu Cheng of the Diocese of Pingliang, Gansu Province, died at the age of 56 after a brief illness. On April 21, the anniversary of the death of Pope Francis, Father John Yang Guanglin, 55, died of respiratory failure in the Diocese of Baoding (Hebei Province). Two days later, Father Andreas Yu Zhaoming of the Archdiocese of Xi’an died of a cerebral hemorrhage at the age of 61. On June 4, Sister Maria Deng Xiuying of the Congregation of the Mother of the Lord of the Diocese of Yongnian (Handan) in Hebei Province succumbed to an illness at the age of 60.These are just a few of the names of priests and nuns who died prematurely in the first half of 2025.The detailed data, published by the Catholic news portal “xinde.org” under the direction of Fr. John Baptist Zhang, provides an overview of the health and physical condition of Chinese bishops, priests, and nuns over the past 35 years, from 1990 to 2025. The data highlights a troubling picture and points to the urgent need for direct action to ensure adequate healthcare for priests and nuns in mainland China.During the period under review, a total of 115 priests under the age of 65 died from illness or traffic accidents, many of them while en route to their pastoral duties.Behind these numbers lie stories of young men who lost their lives to illness or sudden misfortune in the prime of their lives, which they had dedicated to the apostolic work of the Church.These stories include that of Father Song Fusheng of the Diocese of Yulin in Shaanxi Province, who died in his sleep at the age of 33, after only one year and nine months of his priesthood. Father Zhua Jiahuai of the Diocese of Lanzhou (Gansu Province), who died at the age of 31, after only one year and eight months of his priesthood, while Father Li Xiufeng of the Diocese of Baoding died at the age of 37, just 49 days after his ordination. Both died in the same car accident while traveling on dangerous roads to visit distant parishes in the exercise of their priestly ministry. And we cannot forget Peter Wu Junwei, the beloved Bishop of the Apostolic Prefecture of Xinjiang/Yuncheng in the Chinese province of Shanxi, who died of a heart attack on May 10, 2022, at the age of 59.The main causes of premature death among Chinese priests and nuns are heart attacks, cerebral hemorrhages, strokes, and cancer. In rural areas, the risks associated with the need to travel long distances by car due to church duties increase. Father Ambrose Ding Yaohua (51) reports: “I often travel from one parish to another to celebrate Mass. Sometimes it is a whole day, and I have to stop halfway, and in many cases I have to sleep in the open. Even if you might be able to see the village on the other side of the river, the detours to cross the river can take almost a whole day. On several occasions, when I was in a hurry, I fell into streams or overhanging ditches while administering the last rites to the dying, and only thanks to the Lord’s protection did I survive.”Such risks are often linked to pastoral work carried out in silence and discretion, with joy and without complaint.The generations of older priests and nuns born before 1949 currently make up the majority of the clergy and nuns of the Catholic Church in China, and they will be aging in the near future. While the suffering and death of loved ones can be experienced in faith, the death of priests and nuns is still felt as a great loss in their respective parishes, especially when it occurs prematurely due to illness or accident.In the Catholic Church in China, therefore, increasing attention is being paid to issues related to the health of priests and nuns.On December 4, 2020, the so-called Chinese Bishops’ Conference and the Patriotic Association of Chinese Catholics sent a “Notice on health care and medical check-ups for priests, nuns, and Lay people working in Church institutions” to all dioceses in the country. The announcement states that dioceses should introduce or improve the system of preventive health check-ups for priests and nuns by providing regular health check-ups every year and by providing human, financial and material resources to transform the currently passive medical treatment into an active one. This aims to ensure early diagnosis of diseases, timely treatment, and disease prevention.In dioceses with greater economic resources, health monitoring systems for nuns and priests are already common practice. In the Diocese of Haimen, nuns, priests, and lay staff have been undergoing semi-annual medical check-ups for 14 years now. In major cities such as Guangzhou, Beijing, and Shanghai, health care for church staff is good. Medical checkups are often combined with annual spiritual retreats.According to the Bishop of Suzhou, Joseph Xu Honggen, “since 2006, the costs of medical care for the clergy and nuns of the Diocese of Suzhou, as well as their social, health, and retirement benefits, have been borne partly by the diocese and partly by the parish and the local administrative authority.”Joseph Gan Junqiu, Bishop of the Diocese of Guangzhou, the capital of Guangdong Province, emphasizes: “The health and health care of Church personnel are fundamental to the development of the Church. Conducting medical examinations helps to adequately monitor the health of priests and nuns, further enhance their sense of belonging and cohesion, and ensure that they can devote themselves to preaching the Gospel in good physical condition, with energy and serenity, thus contributing to the Church’s mission as the salt of the earth and the light of the world.”The health of priests and nuns also affects the conditions associated with pastoral care. According to the study by “xinde.org,” the causes of health problems among nuns and priests include excessive pastoral workload, irregular lifestyle and dietary habits, psychological stress, and lack of exercise. These are behaviors that can be changed by entrusting ourselves to the Lord and recognizing the importance of taking care of our own health in order to better serve the Church’s mission, while also reducing centralizing practices and creating space for the inclusion of lay people and women in pastoral work in an authentic synodal spirit. (Agenzia Fides, 23/6/2025)
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The Mobile Enforcement Vehicle (MEV) has been fitted with high definition cameras and will patrol problem areas blighted by illegal parking such as school keep clear zones and bus stops.
It will help boost safety for pupils and pedestrians; cut traffic congestion, improve bus journey times and passenger boarding safety and act as a visible deterrent to car related crime.
The MEV has been equipped with an intelligent enforcement system using GPS to recognise where parking restrictions begin and end.
It will capture video footage of potential parking violations, which will be reviewed by an independent officer. If a contravention is confirmed, a Penalty Charge Notice (PCN), along with photographic evidence, will be issued by post within 28 days.
Councillor Qaiser Azeem, Cabinet Member for Transport at City of Wolverhampton Council, said: “The council has a duty to tackle dangerous parking, and this backs up our work through initiatives like Safer Routes to School to ensuring streets are kept free from vehicles parking dangerously.
“Creating a safer environment will in turn encourage more families to leave the car at home and walk or cycle to school, improving healthy lifestyles, cutting carbon emissions and improving air quality.
“By tackling inconsiderate parking obstructing bus stops, it will also make it safer for passengers when they are getting on and off.”
The Helmore building at ARU’s East Road campus in Cambridge
Anglia Ruskin University (ARU) is one of the leading institutions for student start-up companies in the country, according to new data from the Higher Education Statistics Agency (HESA).
A total of 123 ventures were formed by ARU students in the latest reporting period of 2023/24, placing Anglia Ruskin seventh in the UK and top across all universities in the East of England.
ARU’s Anglia Ruskin Enterprise Academy helps entrepreneurial students and recent graduates through a diverse range of support programmes, activities, opportunities, and events.
“At ARU we make every effort to help all our students discover and explore entrepreneurship, regardless of their background or what or where they might be studying. We aim to help them develop the mindset and skills to get them started on their own personal entrepreneurial journeys and career paths.
“Starting your own business can seem daunting, but we are fortunate to have students full of ideas and ambitions. In return, we offer them the support and guidance they need to help turn their dreams into reality and make a difference.”
Professor Gary Packham, Pro Vice Chancellor for Student Enterprise and Entrepreneurship at ARU
Among the recent start-ups is The Community Classroom CIC, founded by Nirvana Yarger, a graduate from the Distance Learning MA Education with Montessori course. The social enterprise offers accessible and inclusive educational opportunities for home-educated children, helping families who need an alternative to mainstream education.
“While teaching in a mainstream primary school, I always felt that the National Curriculum and mainstream school approach did not provide the best outcomes for many children.
“I never lost my desire to be an educator. While completing my MA at ARU, I gained a deeper understanding of home education and the reasons families choose to deregister their children from school.
“I was fortunate to be chosen for the ARU Social Value Fund and I learned the fundamentals of business planning, including forecasting and market research. I was eventually awarded a £5,000 grant to launch The Community Classroom. We would not be where we are today without ARU’s support.”
Nirvana Yarger, who is a former teacher
Cosmin Diaconu, based in Cambridge, founded sustainable fashion company RetroGusto after graduating from ARU, and has built a collaborative network, involving ARU graduates from various disciplines, including graphic design, interior design, and marketing, all united by their passion for sustainability and independent businesses.
Cosmin’s participation in ARU’s ThinkBigARU pitching competition last year helped him secure valuable partnerships, and his work has since featured in publications such as Varsity, Velvet Magazine, and GAY45, reflecting his commitment to diverse representation in fashion.
“The Anglia Ruskin Enterprise Academy gave me the support and tools to grow my business with more clarity and confidence.
“The feedback from the pitch competition was invaluable, and their seminars offered practical insights from successful entrepreneurs that continue to shape how I develop my brand and practice.”
Residents in York and North Yorkshire have helped to shape the future of pharmacy services across the county.
Public health teams from City of York Council and North Yorkshire Council are thanking residents and partner organisations who earlier this year shared their views on whether the locations, accessibility and services provided by pharmacies are adequate.
Plans have since been drawn up to develop the services in the future using feedback from the consultation, which was incorporated into the Pharmaceutical Needs Assessment (PNA). Now A further 60-day consultation gets underway from tomorrow, asking for views on the final proposals.
All Health and Wellbeing Boards are required to produce a report at least every three years to ensure the best decisions about pharmacy services are made for communities.
The feedback received so far has helped to influence decisions on the location of pharmacies, their opening hours and the services provided, ranging from dispensing prescriptions to providing medication counselling.
Cllr Lucy Steels-Walshaw, executive member for health, wellbeing and adult social care at City of York Council, said:
We’d like to thank everyone for having their say. Pharmacies are an integral part of healthcare provision across our communities, so we really wanted to understand if current services are meeting the needs of all York residents.
“The findings from the survey have helped us to understand where pharmacies are already performing well and identify potential gaps in services, as well as those services that need improvement. This will help the NHS consider the public’s views in making sure everyone can get access to the right pharmacy services in the right places.”
North Yorkshire Council’s executive member for health and adult services, Cllr Michael Harrison, said:
Pharmacy services play a vital role in supporting health and wellbeing with pharmacies themselves often found in the heart of our communities.
“Good access to the right services at the right time is so important in helping to address health inequalities.”
The questionnaire is anonymous and confidential and should only take 10 to 15 minutes to complete.
North Yorkshire Council’s director of public health, Louise Wallace, and City of York Council’s director of public health, Peter Roderick, said:
Local pharmacies play a pivotal role in our county by providing healthcare and support to individuals, families and carers of all ages.
“All of the feedback, combined with the expertise of health professionals, has really helped the research shape the futures of pharmacies used by residents in York and North Yorkshire.
“Please consider reviewing the final documents and completing the survey which can be found on our website.”
A NEW residents parking scheme is to be introduced in a Leicester neighbourhood from next month.
Leicester City Council will introduce the permit-only parking scheme in the Woodgate area, close to the city centre, to help address local concerns about the number of commuter and business vehicles using residential streets for free all-day parking.
The new scheme will include mainly terraced streets adjoining Woodgate and part of Fosse Road North. In total, around 700 homes will be included in the scheme.
It has been designed in response to concerns raised by residents and Fosse ward councillors over persistent parking problems and follows extensive local consultation.
From Tuesday 1 July, most parking in the streets covered by the new scheme will only be available to vehicle owners who have a valid resident’s, visitor’s or business parking permit.
Short stay, pay & display or pay by phone parking bays where customers can park will also be provided to support local businesses.
Eight streets off Woodgate and Fosse Road North will be included in the scheme. These include Balfour Street, Marshall Street, Bassett Street, Dunton Street, Rugby Street, Repton Street, Central Road, and Bonchurch Street.
Part of Fosse Road North, between Bonchurch Street and the Fiveways junction, and Woodgate, between its junctions with Balfour Street and Dunton Street, will also be covered by the new scheme.
Assistant city mayor Cllr Geoff Whittle, who leads on environment and transport, said: “We’ve seen in other parts of the city how the introduction of residents’ parking schemes can be an effective way of tackling parking problems in local neighbourhoods and freeing up spaces for the people who live there.
“This latest scheme, in the Woodgate area, will address concerns raised by local councillors and residents about city centre commuter parking. By introducing permit only parking, we can help make it easier for residents to find available parking close to their homes, and new customer parking bays will also mean local businesses don’t suffer.”
Under the city council’s current parking permit scheme, charges will be £35 per year for a residents’ permit; £100 per year for a business permit tied to a particular vehicle, and £150 for a business permit that can be transferred between vehicles. Visitor permits are available for residents, at either £40 for a year (limited to one per household), or £2 for 24-hours. Permits for landlords and carers are also available. Vehicles displaying a blue badge will be exempt from the permit holders only restriction.
There are currently 14 residents parking schemes in operation across Leicester.
PANAMA CITY, June 23, 2025 (GLOBE NEWSWIRE) — Gate has once again demonstrated its strong momentum and competitive edge in the crypto trading landscape, as highlighted in CoinDesk’s latest 2025 Exchange Review. The report, recognized as one of the most authoritative and data-driven assessments in the industry, named Gate as the best-performing derivatives exchange by month-on-month growth.
According to CoinDesk Data, Gate’s derivatives trading volume surged by 69.9% in May, reaching $264 billion, the highest growth rate among all tracked platforms. This exceptional performance led to a 1.20% increase in market share, bringing Gate’s total derivatives market share to 4.13%, surpassing several long-established competitors. This milestone reinforces Gate’s position as a rising leader in the derivatives space, driven by its advanced trading infrastructure, deep liquidity, and commitment to providing a seamless user experience for both retail and institutional users.
CoinDesk also noted that Gate was among the few exchanges that significantly climbed in the latest Exchange Benchmark rankings, alongside Binance and Kraken. Gate now ranks among the top three exchanges in the Derivatives Benchmark, scoring 82.6. Gate’s continued growth reflects its long-term strategy of innovation, product diversification, and global expansion. As one of the few exchanges to consistently grow both trading volume and market share, Gate is proving its ability to thrive in a competitive, evolving market environment.
In addition to its trading performance, CoinDesk also recognized Gate as one of the top four global exchanges by total reserves. As of June 2025, Gate’s reserves reached $10.453 billion, covering more than 350 different user assets. The overall reserve ratio stood at 123.09%, with an excess reserve of $1.96 billion. Gate has long been a pioneer in reserve transparency and remains the first exchange to commit to 100% reserve holdings. Notably, its BTC reserve ratio reached 138.7%, while ETH and USDT reserves stood at 113.06% and 112.95% respectively. Other key assets such as GT, DOGE, and XRP also far exceeded the 100% benchmark, reinforcing Gate’s reputation for financial soundness and user protection. From being one of the first to commit to 100% reserves to introducing zero-knowledge proofs, Gate has consistently driven innovation at the intersection of technology and security.
According to the CoinDesk report, Gate’s industry influence has also expanded through its high-profile partnership with Oracle Red Bull Racing. Beginning with the 2025 Formula 1 season, the Gate brand is featured prominently on the team’s car, race suits, and the helmet of four-time World Champion Max Verstappen. The partnership represents a bold cross-industry collaboration that blends the speed and precision of Formula 1 with the innovation and momentum of Web3. To commemorate this alliance, Gate launched a co-branded digital collectibles campaign, “IN THE MOMENT”, celebrating historic highlights from all 24 race weekends with immersive, on-chain experiences. This marks a flagship entry into sports-themed digital assets and further exemplifies Gate’s commitment to bridging Web2 and Web3 culture.
May was also a landmark month in Gate’s brand evolution. The exchange officially launched its new global domain, Gate.com, and unveiled a redesigned brand logo, marking a significant milestone in its journey to become the next-generation crypto exchange. This strategic rebranding initiative, introduced shortly after Gate’s 12th anniversary celebrations, reflects the platform’s renewed vision: to move beyond technical excellence and into global innovation leadership. As part of this transition, Gate also introduced its new Chinese name, “大门” (Damen), symbolizing a welcoming gateway to the future of crypto for users worldwide. The new domain and visual identity aim to unify Gate’s global brand presence and further enhance user trust across all markets.
Gate’s strong performance across multiple metrics in the report, combined with sustained growth in trading volume, industry-leading reserve transparency, a revitalized global brand identity, and an expanding global presence, solidifies its position as one of the most trusted and forward-looking players in the crypto industry. CoinDesk’s latest recognition underscores Gate’s remarkable achievements and reinforces its commitment to shaping the future of digital finance as a true industry leader.
About Gate Gate, founded in 2013 by Dr. Han, is one of the world’s earliest cryptocurrency exchanges. The platform serves over 27 million users with 3,600+ digital assets and pioneered the industry’s first 100% proof-of-reserves. Beyond core trading services, Gate’s ecosystem includes Gate Wallet, Gate Ventures, and other innovative solutions, while its global partnerships extend to top-tier sports brands like Oracle Red Bull Racing in F1 and Inter. For more information, please visit: Website | X | Telegram | LinkedIn | Instagram | YouTube
Disclaimer: This content does not constitute an offer, solicitation, or recommendation. You should always seek independent professional advice before making investment decisions. Gate may restrict or prohibit certain services in specific jurisdictions. For more information, please read the User Agreement via https://www.gate.com/user-agreement.
Disclaimer: This content is provided by Gate. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice.Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed.Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.
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Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering – Participants from SPbGASU
Students of the Faculty of Forensic Science and Law in Construction and Transport together with representatives of the Center for Student Entrepreneurship and Career of SPbGASU visited the youth festival “T-Dvor” organized by T-Bank on June 20. The event took place in the cultural space “Nikolskie Ryady” and was dedicated to career and educational opportunities for young people.
The goal of the festival is to create an open platform for communication between students, young professionals and employers, where they can learn about labor market trends, new formats of training and personal growth.
During the panel discussion, the participants discussed what modern education should be like and came to the conclusion that the main requirements for it are flexibility, accessibility and practice-orientedness. In their opinion, for successful career growth it is important to have the opportunity to improve professionally without interruption from work, for which it is necessary to develop distance learning in master’s programs and other digital educational platforms.
The lecture “Professions of the Future: Where Are You in a World That Has Not Been Built Yet” attracted great interest. The speakers talked about combining technical thinking and a humanitarian approach – the ability to work with data, understand technology and at the same time think critically and creatively. According to experts, it is precisely these specialists who will be especially in demand in the coming years.
At the session “University vs. Work: How to Do It All,” participants learned how to effectively combine studies, part-time work, and personal life. Students especially remembered three pieces of advice from experts: it is necessary to plan not only tasks, but also rest; do not be afraid to ask for help – this is also part of professional growth; discipline is the basis of sustainable development, it can be “pumped up” just like muscles.
“The T-Dvor festival has become an excellent opportunity for our students not only to get acquainted with new educational formats, but also to think about their professional future and the path to it,” noted Margarita Sapozhnikova, Deputy Dean of the Faculty of Forensic Expertise and Law in Construction and Transport for Career Guidance.
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.
HOUSTON, June 23, 2025 (GLOBE NEWSWIRE) — Fengate Asset Management (Fengate) today announced the appointment of Darcy Wilson as Managing Director, Transportation, further expanding its infrastructure senior team and signaling the firm’s continued growth in the United States (U.S.).
Based in Fengate’s Houston office, Wilson will lead the transportation strategy to bring the firm’s aviation, road, rail, logistics, and maritime expertise to projects and companies across the U.S. and Canada.
“Fengate has a strong portfolio of transportation assets on both sides of the border, and Darcy’s industry knowledge and experience will best position the firm to secure deals where we can add the greatest value for communities, the environment, and our investors,” said Mac Bell, Managing Director, Infrastructure Investments and head of Fengate’s social and transportation group.
“I am thrilled to join the growing Fengate business to lead their transportation strategy. I look forward to working with the Fengate team to invest in attractive opportunities in transportation infrastructure projects and companies that generate strong returns for investors,” said Wilson.
Wilson brings significant transportation investment experience to Fengate, including sourcing, assessing, and executing investments into operating businesses. Prior to joining Fengate, Wilson was with Duration Capital Partners where he was a founding member upon its spin out of Oaktree Capital Management (Oaktree).
He previously led Oaktree’s investments in Signature Aviation, OTG Management, and STG Logistics, and served on the board of STG Logistics. Prior to Oaktree, Wilson was with Highstar Capital and J.P. Morgan’s investment banking group in New York.
His appointment follows the firm’s announcement of a digital infrastructure head in April.
About Fengate
Fengate is a leading alternative investment manager focused on infrastructure, private equity and real estate strategies, with more than $7 billion of capital commitments under management. The firm has been investing in infrastructure since 2006 with a focus on mid-market greenfield and brownfield infrastructure assets in the transportation, social, energy transition and digital sectors. Fengate is one of North America’s most active infrastructure investors and developers with a portfolio of more than 50 assets. Learn more at www.fengate.com.
GRAND CAYMAN, Cayman Islands, June 23, 2025 (GLOBE NEWSWIRE) —Oxbridge Re Holdings Limited(Nasdaq:OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced an update to its previously announced strategic business review to maximize shareholder value.
The Company is actively reviewing a range of strategic initiatives for the company or its Web3 subsidiary, SurancePlus Holdings—including a potential carve-out and Nasdaq listing of SurancePlus Holdings, as well as a potential financing transactions to support a digital asset treasury initiative and explore related M&A opportunities.
Jay Madhu, CEO of Oxbridge, stated: “We view these strategic initiatives as potentially transformative opportunities that could unlock significant value for our shareholders while positioning both Oxbridge and SurancePlus for accelerated growth in their respective markets. A separate listing for SurancePlus would provide dedicated access to Web3 and digital asset investors, while our treasury strategy could strengthen our balance sheet and create new revenue streams.”
About Oxbridge Re Holdings Limited
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2025 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.
GRAND CAYMAN, Cayman Islands, June 23, 2025 (GLOBE NEWSWIRE) —Oxbridge Re Holdings Limited(Nasdaq:OXBR) (“Oxbridge Re”), a leader in digitizing reinsurance securities as tokenized real-world assets (RWAs), together with its subsidiary SurancePlus, today announced an update to its previously announced strategic business review to maximize shareholder value.
The Company is actively reviewing a range of strategic initiatives for the company or its Web3 subsidiary, SurancePlus Holdings—including a potential carve-out and Nasdaq listing of SurancePlus Holdings, as well as a potential financing transactions to support a digital asset treasury initiative and explore related M&A opportunities.
Jay Madhu, CEO of Oxbridge, stated: “We view these strategic initiatives as potentially transformative opportunities that could unlock significant value for our shareholders while positioning both Oxbridge and SurancePlus for accelerated growth in their respective markets. A separate listing for SurancePlus would provide dedicated access to Web3 and digital asset investors, while our treasury strategy could strengthen our balance sheet and create new revenue streams.”
About Oxbridge Re Holdings Limited
Oxbridge Re Holdings Limited (NASDAQ: OXBR, OXBRW) (“Oxbridge”) is headquartered in the Cayman Islands. The company offers tokenized Real-World Assets (“RWAs”) as tokenized reinsurance securities and reinsurance business solutions to property and casualty insurers, through its wholly owned subsidiaries SurancePlus Inc., Oxbridge Re NS, and Oxbridge Reinsurance Limited.
Insurance businesses in the Gulf Coast region of the United States purchase property and casualty reinsurance through our licensed reinsurers Oxbridge Reinsurance Limited and Oxbridge Re NS.
Our Web3-focused subsidiary, SurancePlus Inc. (“SurancePlus”), has developed the first “on chain” reinsurance RWA of its kind to be sponsored by a subsidiary of a publicly traded company. By digitizing interests in reinsurance contracts as on-chain RWAs, SurancePlus has democratized the availability of reinsurance as an alternative investment to both U.S. and non U.S. investors.
This press release may contain forward-looking statements made pursuant to the Private Securities Litigation Reform Act of 1995. Words such as “anticipate,” “estimate,” “expect,” “intend,” “plan,” “project” and other similar words and expressions are intended to signify forward-looking statements. Forward-looking statements are not guarantees of future results and conditions but rather are subject to various risks and uncertainties. A detailed discussion of risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements is included in the section entitled “Risk Factors” contained in our Form 10-K filed with the Securities and Exchange Commission (“SEC”) on 26th March 2025 and in our other filings with the SEC. The occurrence of any of these risks and uncertainties could have a material adverse effect on the Company’s business, financial condition and results of operations. Any forward-looking statements made in this press release speak only as of the date of this press release and, except as required by law, the Company undertakes no obligation to update any forward looking statement contained in this press release, even if the Company’s expectations or any related events, conditions or circumstances change.
