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Category: Transport

  • MIL-OSI: Mount Logan Capital Inc. Announces First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    Declared quarterly distribution of C$0.02 per common share in the second quarter of 2025, the twenty-third consecutive quarter of a shareholder distribution

    Asset management segment generated $8.1 million in Fee Related Earnings (“FRE”) for the trailing twelve months ended March 31, 2025, a 25% increase over the prior year period

    Generated $7.8 million of Spread Related Earnings (“SRE”) for the trailing twelve months ended March 31, 2025, which reflects 1.3% of spread earnings on Ability’s assets

    During January 2025, the Company announced it entered into a definitive agreement to combine with 180 Degree Capital Corp. (Nasdaq: TURN) in an all-stock transaction. The surviving entity is expected to operate as Mount Logan Capital Inc. (“New Mount Logan”) and to be listed on Nasdaq under the symbol MLCI

    In January 2025, Mount Logan completed its previously announced investment in Runway Growth Capital LLC, a $1.3 billion private credit asset manager, alongside BC Partners Credit

    All amounts are stated in United States dollars, unless otherwise indicated

    TORONTO, May 15, 2025 (GLOBE NEWSWIRE) — Mount Logan Capital Inc. (Cboe Canada: MLC) (“Mount Logan” or the “Company”) announced today its financial results for the three months ended March 31, 2025.

    First Quarter 2025 Highlights

    • FRE for the asset management segment was $2.2 million for the quarter, an increase of 37% compared to the first quarter of 2024, due to improved economics on the Company’s service agreement with Sierra Crest Investment Management over an interval fund, and the decrease in general, administrative and other expenses from the expiry of transition services agreements and other one-time expenses incurred in the first quarter of 2024. FRE for the trailing twelve months was $8.1 million, an increase of 25% from the comparative trailing twelve-month period, primarily attributable to increases in management fees.
    • Total revenue for the asset management segment of the Company was $3.2 million, a decrease of $0.8 million, or 21%, as compared to the first quarter of 2024. The decrease was driven by a reduction in and normalization of incentive fees associated with a single managed fund in winddown, and an increase in net loss from investment activities, both of which we view as transitory elements. First quarter asset management revenues also exclude $1.2 million of management fees associated with Mount Logan’s management of the assets of Ability Insurance Company (“Ability”), a wholly-owned subsidiary of the Company. Normalized Ability management fees for the first quarter of 2025 were $1.6 million, excluding one-time expenses, which are not expected to continue throughout the remainder of the year.
    • Total net investment income for the insurance segment was $19.0 million for the three months ended March 31, 2025, a decrease of $2.8 million, or 13%, as compared to the first quarter of 2024, owing to interest expense related to the interest rate swap, decrease in bond yields and decrease in the long term investments portfolio. Excluding the funds withheld assets under reinsurance contracts and Modco, the insurance segment’s net investment income was $14.5 million, an increase of $0.4 million, or 3%, as compared to the first quarter of 2024.
    • Achieved 6.9%1yield on the insurance investment portfolio for the quarter ended March 31, 2025. This was impacted by higher investment expense on funds withheld assets under the Modco arrangement. Excluding the funds withheld under reinsurance contracts and Modco, the yield was 8.8%.
    • Ability’s total assets managed by Mount Logan increased to $645.7 million as of March 31, 2025, an increase of $28.9 million from first quarter 2024 of $616.8 million. As of March 31, 2025, the insurance segment included $1.02 billion in total investment assets, down $23.0 million, or 2%, from the first quarter of 2024 investment assets of $1.04 billion. During the quarter, Mount Logan began managing a portion of Ability’s modified coinsurance assets with Vista.
    • Book value of the insurance segment as of March 31, 2025 was $85.9 million, an increase of $3.3 million as compared to $82.6 million for the first quarter of 2024.
    • SRE for the insurance segment was $7.8 million for the trailing twelve months ended March 31, 2025, down $1.7 million from the trailing twelve months ended March 31, 2024 of $9.5 million, primarily driven by an increase in cost of funds, partially offset by increased net investment income and lower operating expenses. The increase in cost of funds was primarily driven by unfavorable in-force update to the Long Term Care business (Guardian block) of $1.8 million for the trailing twelve months ended March 31, 2025, while there was a favorable in-force update to the LTC business (Medico block) observed of $4.8 million for the twelve months ended March 31, 2024.

    Subsequent Events

    • Declared a shareholder distribution in the amount of C$0.02 per common share for the quarter ended March 31, 2025, payable on June 2, 2025 to shareholders of record at the close of business on May 27, 2025. This cash dividend marks the twenty-third consecutive quarter of the Company issuing a C$0.02 distribution to its shareholders. This dividend is designated by the Company as an eligible dividend for the purpose of the Income Tax Act (Canada) and any similar provincial or territorial legislation. An enhanced dividend tax credit applies to eligible dividends paid to Canadian residents.
    • A preliminary joint proxy statement/prospectus was filed with the United States Securities and Exchange Commission (the “SEC”) for the previously announced merger of Mount Logan with 180 Degree Capital Corp. (Nasdaq: TURN) (“180 Degree Capital”), in an all-stock transaction (the “Business Combination”). The surviving entity is expected to be a Delaware corporation operating as New Mount Logan listed on Nasdaq under the symbol “MLCI”. As required under U.S. federal securities laws and related rules and regulations, the joint proxy statement/prospectus included Mount Logan’s audited financial statements for the years ended December 31, 2024 and 2023 prepared in accordance with U.S. Generally Accepted Accounting Principles. In connection with the Business Combination, shareholders of Mount Logan will receive proportionate ownership of New Mount Logan determined by reference to Mount Logan’s transaction equity value at signing, subject to certain pre-closing adjustments, relative to 180 Degree Capital’s Net Asset Value (“NAV”) at closing. Shareholders holding approximately 26% of the outstanding shares of Mount Logan and approximately 20% of the outstanding shares of 180 Degree Capital signed voting agreements supporting the Business Combination, and an additional 8% of Mount Logan and 7% of 180 Degree Capital shareholders, respectively, have provided written non-binding indications of support for the Business Combination.
    • Portman Ridge Finance Corporation (Nasdaq: PTMN) and Logan Ridge Finance Corporation (Nasdaq: LRFC) merger remains subject to the receipt of certain shareholder approvals and the satisfaction of other closing conditions. Mount Logan currently earns management fees from LRFC and has a minority stake in PTMN’s manager, Sierra Crest Investment Management.

    Management Commentary

    • Ted Goldthorpe, Chief Executive Officer and Chairman of Mount Logan stated, “We are pleased to report our first quarter 2025 results, reflecting the continued earnings power of our asset management and insurance platforms. While AUM growth slowed in Q1 2025, consistent with broader macro challenges, we demonstrated our ability to generate strong, positive Fee Related Earnings on the asset management segment, and Spread Related Earnings in the insurance platform, providing a solid foundation for momentum in 2025. Our managed funds demonstrated performance resilience and low volatility as compared to the public credit and equity markets, which we view as a testament to our focus on private credit assets. Looking ahead, we see ample opportunities to drive AUM growth across our core managed vehicles, enact operational improvements and efficiencies, while also advancing strategic priorities to scale the business through reinvestment across our segments and accretive acquisition opportunities, which includes our recently announced transactions with 180 Degree Capital and Runway, which we believe will be significant catalysts for long-term growth and investment into our business.”

    Selected Financial Highlights

    • Total Capital of the Company was $144.9 million as at March 31, 2025, a decrease of $5.4 million as compared to December 31, 2024. Total capital consists of debt obligations and total shareholders’ equity.
    • Consolidated net income (loss) before taxes was $(13.7) million for the first quarter of 2025, a decrease of $26.8 million from $13.1 million in the first quarter of 2024. The decrease was primarily attributable to the increase in net insurance finance expenses, decrease in net investment income and increase in general, administrative and other expenses under the insurance segment, as well as an increase in corporate transaction costs under the asset management segment related to the Business Combination when compared to the first quarter of 2024.
    • Basic Earnings (loss) per share (“EPS”) was ($0.48) for the first quarter of 2025, a decrease of $0.99 from $0.51 for the first quarter of 2024.
    • Adjusted basic EPS was ($0.29) for the first quarter of 2025, a decrease of $0.83 from $0.54 for the first quarter of 2024.

    Results of Operations by Segment

    ($ in Thousands) Three Months Ended  
      March 31, 2025     December 31, 2024     March 31, 2024  
    Reported Results                
    Asset management                
    Revenue $ 3,192     $ 4,442     $ 4,030  
    Expenses   12,578       13,440       7,615  
    Net income (loss) – asset management   (9,386 )     (8,998 )     (3,585 )
    Insurance                
    Revenue (1)   18,982       (622 )     17,555  
    Expenses   23,280       (16,142 )     822  
    Net income (loss) – insurance   (4,298 )     15,520       16,733  
    Income before income taxes   (13,684 )     6,522       13,148  
    Provision for income taxes   361       37       (56 )
    Net income (loss) $ (13,323 )   $ 6,559     $ 13,092  
    Basic EPS $ (0.48 )   $ 0.25     $ 0.51  
    Diluted EPS $ (0.48 )   $ 0.23     $ 0.50  
    Adjusting Items                
    Asset management                
    Transaction costs (2)   (4,545 )     (1,921 )     (251 )
    Acquisition integration costs (3)   —       —       (250 )
    Non-cash items (4)   (737 )     (2,940 )     (346 )
    Impact of adjusting items on expenses   (5,282 )     (4,861 )     (847 )
    Adjusted Results                
    Asset management                
    Revenue $ 3,192     $ 4,442     $ 4,030  
    Expenses   7,296       8,579       6,768  
    Net income (loss) – asset management   (4,104 )     (4,137 )     (2,738 )
    Income before income taxes   (8,402 )     11,383       13,995  
    Provision for income taxes   361       37       (56 )
    Net income (loss) $ (8,041 )   $ 11,420     $ 13,939  
    Basic EPS $ (0.29 )   $ 0.44     $ 0.54  
    Diluted EPS $ (0.29 )   $ 0.40     $ 0.54  

    (1)    Insurance Revenue line item is presented net of insurance service expenses and net expenses from reinsurance contracts held.
    (2)    Transaction costs are related to business acquisitions and strategic initiatives transacted by the Company.
    (3)    Acquisition integration costs are consulting and administration services fees related to integrating a business into the Company. Acquisition integration costs are recorded in general, administrative and other expenses.
    (4)    Non-cash items include amortization and impairment of acquisition-related intangible assets and impairment of goodwill, if any.


    Asset Management

    Total Revenue – Asset Management

    ($ in Thousands)

        Three Months Ended  
        March 31, 2025     March 31, 2024  
    Management and incentive fee   $ 2,928     $ 3,494  
    Equity investment earning     282       224  
    Interest income     268       271  
    Dividend income     38       112  
    Other Income     299       —  
    Net gains (losses) from investment activities     (623 )     (71 )
    Total revenue — asset management   $ 3,192     $ 4,030  

    Fee Related Earnings (“FRE”)

    FRE is a non-IFRS financial measure used to assess the asset management segment’s generation of profits from revenues that are measured and received on a recurring basis and are not dependent on future realization events. The Company calculates FRE, and reconciles FRE to net income from its asset management activities, as follows:

    ($ in Thousands)

      Three Months Ended  
      March 31, 2025     March 31, 2024  
    Net income (loss) and comprehensive income (loss) $ (13,323 )   $ 13,092  
               
    Adjustment to net income (loss) and comprehensive income (loss):          
    Total revenue – insurance (1)   (18,982 )     (17,555 )
    Total expenses – insurance   23,280       822  
    Net income – asset management (2)   (9,025 )     (3,641 )
    Adjustments to non-fee generating asset management business and other recurring revenue stream:          
    Management fee from Ability   1,566       1,429  
    Interest income   —       —  
    Dividend income   (39 )     (112 )
    Net gains (losses) from investment activities(3)   623       71  
    Administration and servicing fees   504       366  
    Transaction costs   4,545       251  
    Amortization and impairment of intangible assets   737       346  
    Interest and other credit facility expenses   1,857       1,702  
    General, administrative and other   1,479       1,233  
    Fee Related Earnings $ 2,247     $ 1,645  

    (1)    Includes add-back of management fees paid to ML Management.

    (2)    Represents net income for asset management, as presented in the interim Consolidated Statement of Comprehensive Income (Loss).

    (3)    Includes unrealized gains or losses on the debt warrants.

    ($ in Thousands) Trailing Twelve Months Ended  
      March 31, 2025     March 31, 2024  
    Net income (loss) and comprehensive income (loss) $ (20,826 )   $ 26,088  
               
    Adjustment to net income (loss) and comprehensive income (loss):          
    Total revenue – insurance (1)   (65,582 )     (76,512 )
    Total expenses – insurance   60,979       35,450  
    Net income – asset management (2)   (25,429 )     (14,974 )
    Adjustments to non-fee generating asset management business and other recurring revenue stream:          
    Management fee from Ability   6,162       4,853  
    Interest income   (1 )     —  
    Dividend income   (425 )     (640 )
    Net gains (losses) from investment activities(3)   1,995       157  
    Administration and servicing fees   1,743       1,228  
    Transaction costs   6,468       3,814  
    Amortization and impairment of intangible assets   4,369       1,178  
    Interest and other credit facility expenses   8,090       6,425  
    General, administrative and other   5,177       4,481  
    Fee Related Earnings $ 8,149     $ 6,522  

    (1)    Includes add-back of management fees paid to ML Management.

    (2)    Represents net income for asset management, as presented across the interim Consolidated Statements of Comprehensive Income (Loss).

    (3)    Includes unrealized gains or losses on the debt warrants.

    Insurance

    Total Revenue – Insurance

    ($ in Thousands)

        Three Months Ended  
        March 31, 2025     March 31, 2024  
    Insurance service result   $ (2,197 )   $ (3,092 )
    Net investment income     19,004       21,804  
    Net gains (losses) from investment activities     6,958       2,666  
    Realized and unrealized gains (losses) on embedded derivative — funds withheld     (4,783 )     (3,829 )
    Other income     —       6  
    Total revenue — net of insurance services expenses and net expenses from reinsurance   $ 18,982     $ 17,555  

    Spread Related Earnings (“SRE”)

    The Company uses SRE to assess the performance of the insurance segment, excluding the impact of certain market volatility and other one-time, non-core components of insurance segment income (loss). Excluded items under SRE are investment gains (losses), effects of discount rates and other financial variables on the value of insurance obligations (which is a component of “net insurance finance income/(expense)”), other income and certain general, administrative & other expenses. The Company believes this measure is useful to securityholders as it provides additional insight into the underlying economics of the insurance segment, as further discussed below.

    For the insurance segment, SRE equals the sum of (i) the net investment income on the insurance segment’s net invested assets (excluding investment income earned on funds held under reinsurance contracts) less (ii) cost of funds (as described below) and (iii) certain operating expenses.

    Cost of funds includes the impact of interest accretion on insurance and investment contract liabilities and amortization of losses recognized for new insurance contracts that are deemed onerous at initial recognition. It also includes experience adjustments which represents the difference between actual and expected cashflows and includes the impact of certain changes to non-financial assumptions.

    The Company reconciles SRE to net income (loss) before tax from its insurance segment activities, as follows:

      Three Months Ended  
      Q1-2025     Q4-2024     Q3-2024     Q2-2024     Q1-2024     Q4-2023     Q3-2023     Q2-2023  
    Net income (loss) and comprehensive income (loss) before tax $ (13,639 )   $ 6,522     $ (17,378 )   $ 3,847     $ 13,148     $ (1,946 )   $ 16,243     $ (903 )
                                                   
    Adjustment to net income (loss) and comprehensive income (loss):                                              
    Total revenue – asset management (1)   (3,192 )     (4,442 )     (3,826 )     (3,394 )     (4,030 )     (3,723 )     (3,186 )     (2,996 )
    Total expenses – asset management   12,533       13,440       7,481       6,651       7,615       7,839       6,868       6,133  
    Net income – insurance (2)   (4,298 )     15,520       (13,723 )     7,104       16,733       2,170       19,925       2,234  
    Adjustments to Insurance segment business:                                              
    Management fees to ML Management   (1,167 )     (1,167 )     (1,501 )     (1,529 )     (1,429 )     (1,345 )     (1,110 )     (969 )
    Net (gains) losses from investment activities(3)   (5,718 )     17,681       (13,267 )     887       (2,995 )     (10,116 )     (2,113 )     (1,454 )
    Other Income(4)   —       —       —       —       —       (7,353 )     —       —  
    Net insurance finance (income)/expense(5)   12,506       (28,702 )     30,940       (5,442 )     (11,769 )     14,399       (17,684 )     (5,275 )
    Loss on onerous contracts(6)   (1,548 )     (545 )     (822 )     945       6,884       286       2,451       4,214  
    General, administrative and other(7)   600       338       239       464       447       502       1,289       1,546  
    Spread Related Earnings $ 375     $ 3,125     $ 1,866     $ 2,429     $ 7,871     $ (1,457 )   $ 2,758     $ 296  

    (1)    Includes add-back of management fees paid by Ability to ML Management.

    (2)    Represents net income before tax for the insurance segment, as presented in the annual Consolidated Statement of Comprehensive Income (Loss).

    (3)    Excludes net (gains) losses from investment activities on assets retained by the Company under funds withheld arrangement with Front Street Re and Vista.

    (4)    Represents non-operating income.

    (5)    Includes the impact of changes in interest rates and other financials assumptions and excludes interest accretion on insurance contract liabilities and reinsurance contract assets.

    (6)    Represents the unamortized portion of future interest accretion and ceded commissions paid at the time of issue of new MYGA insurance contracts. Future interest accretion and ceded commissions are amortized over the average duration of MYGA contracts reinsured which aligns with the recognition of insurance service revenue. Loss on onerous contracts are part of Insurance service expense.

    (7)    Represents certain costs incurred by the insurance segment for purposes of IFRS reporting but not the day to day operations of the insurance company.

    The following table presents SRE, the performance measure of the insurance segment:

    ($ in Thousands)

      Trailing Twelve Months Ended  
      March 31, 2025     March 31, 2024  
    Fixed Income and other investment income, net(1) $ 54,342     $ 50,502  
    Cost of funds   (38,352 )     (32,318 )
    Net Investment spread   15,990       18,184  
    Other operating expenses   (8,195 )     (8,716 )
    Spread Related Earnings $ 7,795     $ 9,468  
    SRE % of Average Net Investments   1.3 %     1.7 %

    (1)    Excludes net investment income from investment activities on assets retained by the Company under funds withheld arrangement with Front Street Re and Vista Life and Casualty Reinsurance Company (“Vista”).

    Spread related earnings (“SRE”) was $7.8 million for the trailing twelve months ended March 31, 2025 compared with $9.5 million for the trailing twelve months ended March 31, 2024, a decrease of $1.7 million. SRE decreased year over year due to higher cost of funds, partially offset by increased investment income and lower other operating expenses. Cost of funds increased primarily due to unfavorable impact of $1.8 million as a result of in-force update to LTC business (Guardian block) whereas the trailing twelve months ended March 31, 2024 had a favorable in-force impact of $4.8 million to LTC business (Medico block). Investment income increased primarily due to an increase in total insurance investment assets as a result of new multi-year guaranteed annuity (“MYGA”) business and improvement in yield across the investment portfolio. Other operating expenses decreased as a result of efforts to reduce overall operating cost.

    SRE as a percentage of average net invested assets was 1.3% for the trailing twelve months ended March 31, 2025 compared with 1.7% for the trailing twelve months ended March 31, 2024.

    Liquidity and Capital Resources

    As of March 31, 2025, the asset management segment had $77.8 million (par value) of borrowings outstanding, of which $33.8 million had a fixed rate and $44.0 million had a floating rate. As of March 31, 2025, the insurance segment had $17.3 million (par value) of borrowings outstanding, of which $14.3 million had a fixed rate and $3.0 million had a floating rate. Liquid assets, including high-quality assets that are marketable, can be pledged as security for borrowings, and can be converted to cash in a time frame that meets liquidity and funding requirements. As of March 31, 2025 and December 31, 2024, the total liquid assets of the Company were as follows:

    ($ in Thousands)

    As at   March 31, 2025     December 31, 2024
    Cash and cash equivalents   $ 125,808     $ 85,988
    Restricted cash posted as collateral     12,526       15,716
    Investments     609,514       639,932
    Management fee receivable     2,927       3,268
    Receivable for investments sold     23       17,045
    Accrued interest and dividend receivable     20,959       20,489
    Total liquid assets   $ 771,757     $ 782,438

    The Company defines working capital as the sum of cash, restricted cash, investments that mature within one year of the reporting date, management fees receivable, receivables for investments sold, accrued interest and dividend receivables, and premium receivables, less the sum of debt obligations, payables for investments purchased, amounts due to affiliates, reinsurance liabilities, and other liabilities that are payable within one year of the reporting date.

    As at March 31, 2025, the Company had working capital of $218.8 million, reflecting current assets of $241.7 million, offset by current liabilities of $22.9 million, as compared with working capital of $231.2 million as at December 31, 2024, reflecting current assets of $245.3 million, offset by current liabilities of $14.1 million. The decrease in working capital was primarily attributable to the decrease in cash within the asset management business combined with the increase in accrued expenses across asset management and insurance.

    Interest Rate Risk

    The Company has obligations to policyholders and other debt obligations that expose it to interest rate risk. The Company also owns debt assets and interest rate swaps that are exposed to interest rate risk. The fair value of these obligations and assets may change if base rate changes in interest rates occur.

    The following table summarizes the potential impact on net assets of hypothetical base rate changes in interest rates assuming a parallel shift in the yield curve, with all other variables remaining constant.

    As at   March 31, 2025     December 31, 2024  
    50 basis point increase (1)   $ (8,836 )   $ 7,559  
    50 basis point decrease (1)     5,913       (18,939 )

    (1)    Losses are presented in brackets and gains are presented as positive numbers.

    Actual results may differ significantly from this sensitivity analysis. As such, the sensitivities should only be viewed as directional estimates of the underlying sensitivities for the respective factors based on the assumptions outlined above.

    Conference Call

    The Company will hold a conference call on Friday, May 16, 2025 at 11:00 a.m. Eastern Time to discuss the first quarter financial results. Shareholders, prospective shareholders, and analysts are welcome to listen to the call. To join the call, please use the dial-in information below. A recording of the conference call will be available on our Company’s website www.mountlogancapital.ca in the ‘Investor Relations’ section under “Events”.

    Canada Dial-in Toll Free: 1-833-950-0062
    US Dial-in Toll Free: 1-833-470-1428
    International Dial-ins
    Access Code: 813165

    About Mount Logan Capital Inc.

    Mount Logan Capital Inc. is an alternative asset management and insurance solutions company that is focused on public and private debt securities in the North American market and the reinsurance of annuity products, primarily through its wholly owned subsidiaries Mount Logan Management LLC (“ML Management”) and Ability Insurance Company (“Ability”), respectively. Mount Logan also actively sources, evaluates, underwrites, manages, monitors and primarily invests in loans, debt securities, and other credit-oriented instruments that present attractive risk-adjusted returns and present low risk of principal impairment through the credit cycle.

    ML Management was organized in 2020 as a Delaware limited liability company and is registered with the SEC as an investment adviser under the Investment Advisers Act of 1940, as amended. The primary business of ML Management is to provide investment management services to (i) privately offered investment funds exempt from registration under the Investment Company Act of 1940, as amended (the “1940 Act”) advised by ML Management, (ii) a non-diversified closed end management investment company that has elected to be regulated as a business development company, (iii) Ability, and (iv) non-diversified closed-end management investment companies registered under the 1940 Act that operate as interval funds. ML Management also acts as the collateral manager to collateralized loan obligations backed by debt obligations and similar assets.

    Ability is a Nebraska domiciled insurer and reinsurer of long-term care policies and annuity products acquired by Mount Logan in the fourth quarter of fiscal year 2021. Ability is also no longer insuring or re-insuring new long-term care risk.

    Non-IFRS Financial Measures

    This press release makes reference to certain non-IFRS financial measures. These measures are not recognized measures under IFRS, do not have a standardized meaning prescribed by IFRS and may not be comparable to similar measures presented by other companies. Rather, these measures are provided as additional information to complement IFRS financial measures by providing further understanding of the Company’s results of operations from management’s perspective. The Company’s definitions of non-IFRS measures used in this press release may not be the same as the definitions for such measures used by other companies in their reporting. Non-IFRS measures have limitations as analytical tools and should not be considered in isolation nor as a substitute for analysis of the Company’s financial information reported under IFRS. The Company believes that securities analysts, investors and other interested parties frequently use non-IFRS financial measures in the evaluation of issuers. The Company’s management also uses non-IFRS financial measures in order to facilitate operating performance comparisons from period to period.

    Cautionary Statement Regarding Forward-Looking Statements

    This press release contains forward-looking statements and information within the meaning of applicable securities legislation. Forward-looking statements can be identified by the expressions “seeks”, “expects”, “believes”, “estimates”, “will”, “target” and similar expressions. The forward-looking statements are not historical facts but reflect the current expectations of the Company regarding future results or events and are based on information currently available to it. Certain material factors and assumptions were applied in providing these forward-looking statements. The forward-looking statements discussed in this release include, but are not limited to, statements about the benefits of the closing of the acquisition of a minority interest in Runway as well as the proposed transaction involving the Company and 180 Degree Capital, including future financial and operating results, the Company’s and 180 Degree Capital’s plans, objectives, expectations and intentions, the expected timing and likelihood of completion of the proposed transaction, the regulatory environment in which the Company operates, and the results of, or outlook for, the Company’s operations or for the Canadian and U.S. economies, statements relating to the Company’s continued transition to an asset management and insurance platform business and the entering into of further strategic transactions to diversify the Company’s business and further grow recurring management fee and other income and increasing Ability’s assets; the Company’s plans to focus Ability’s business on the reinsurance of annuity products; the potential benefits of combining Mount Logan’s and Ovation’s platform including an increase in fee-related earnings as a result of the acquisition; the decrease in expenses in the asset management segment; the historical growth in the asset management segment and insurance segment being an indicator for future growth; the growth and scalability of the Company’s business the Company’s business strategy, model, approach and future activities; portfolio composition and size, asset management activities and related income, capital raising activities, future credit opportunities of the Company, portfolio realizations, the protection of stakeholder value; the expansion of the Company’s loan portfolio; synergies to be achieved by both the Company and Runway through the Company’s strategic minority investment in Runway; and the expansion of Mount Logan’s capabilities. All forward-looking statements in this press release are qualified by these cautionary statements. The Company believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions; however, the Company can give no assurance that the actual results or developments will be realized by certain specified dates or at all. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including that the Company has a limited operating history with respect to an asset management oriented business model; Ability may not generate recurring asset management fees, increase its assets or strategically benefit the Company as expected; the expected synergies by combining the business of Mount Logan with the business of Ability may not be realized as expected; the risk that Ability may require a significant investment of capital and other resources in order to expand and grow the business; the Company does not have a record of operating an insurance solutions business and is subject to all the risks and uncertainties associated with a broadening of the Company’s business; ability to obtain the requisite Company and 180 Degree Capital shareholder approvals, as well as governmental and regulatory approvals required for the proposed transaction with 180 Degree Capital, the risk that an event, change or other circumstance could give rise to the termination of the proposed transaction with 180 Degree Capital, the risk that a condition to closing of the proposed transaction with 180 Degree Capital may not be satisfied, the risk of delays in completing the proposed transaction with 180 Degree Capital, the risk that the businesses of the Company and with 180 Degree Capital will not be integrated successfully, the risk that the expected synergies of the acquisition of Ovation may not be realized as expected and the matters discussed under “Risks Factors” in the most recently filed annual information form and management discussion and analysis for the Company. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. The Company undertakes no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances except as required by securities laws. These forward-looking statements are made as of the date of this press release.

    This press release is not, and under no circumstances is it to be construed as, a prospectus or an advertisement and the communication of this release is not, and under no circumstances is it to be construed as, an offer to sell or an offer to purchase any securities in the Company or in any fund or other investment vehicle. This press release is not intended for U.S. persons. The Company’s shares are not and will not be registered under the U.S. Securities Act of 1933, as amended, and the Company is not and will not be registered under the U.S. Investment Company Act of 1940 (the “1940 Act”). U.S. persons are not permitted to purchase the Company’s shares absent an applicable exemption from registration under each of these Acts. In addition, the number of investors in the United States, or which are U.S. persons or purchasing for the account or benefit of U.S. persons, will be limited to such number as is required to comply with an available exemption from the registration requirements of the 1940 Act.

    Contacts:
    Mount Logan Capital Inc.

    365 Bay Street, Suite 800
    Toronto, ON M5H 2V1
    info@mountlogancapital.ca

    Nikita Klassen
    Chief Financial Officer
    Nikita.Klassen@mountlogancapital.ca

    Scott Chan
    Investor Relations
    Scott.Chan@mountlogan.com

     
    MOUNT LOGAN CAPITAL INC.
    CONSOLIDATED STATEMENT OF FINANCIAL POSITION
    (in thousands of United States dollars, except share and per share amounts)
     
    As at   Notes   March 31, 2025     December 31, 2024  
    ASSETS                
    Asset Management:                
    Cash       $ 2,563     $ 8,933  
    Investments   6     25,605       21,668  
    Intangible assets   9     24,064       24,801  
    Other assets         8,622       8,187  
    Total assets — asset management         60,854       63,589  
    Insurance:                
    Cash and cash equivalents         123,245       77,055  
    Restricted cash posted as collateral   18     12,526       15,716  
    Investments   6     1,019,969       1,045,436  
    Reinsurance contract assets   13     408,492       392,092  
    Intangible assets   9     2,444       2,444  
    Goodwill   9     55,015       55,015  
    Other assets         21,298       38,183  
    Total assets — insurance         1,642,989       1,625,941  
    Total assets       $ 1,703,843     $ 1,689,530  
    LIABILITIES                
    Asset Management                
    Due to affiliates   10   $ 8,994     $ 10,470  
    Debt obligations   12     78,401       78,427  
    Derivatives – debt warrants   12     737       504  
    Accrued expenses and other liabilities         9,770       5,097  
    Total liabilities — asset management         97,902       94,498  
    Insurance                
    Debt obligations   12     17,250       14,250  
    Insurance contract liabilities   13     1,069,625       1,048,413  
    Investment contract liabilities   14     222,074       227,041  
    Derivatives   18     1,864       5,192  
    Funds held under reinsurance contracts         238,371       239,918  
    Accrued expenses and other liabilities         7,856       2,995  
    Total liabilities — insurance         1,557,040       1,537,809  
    Total liabilities         1,654,942       1,632,307  
    EQUITY                
    Common shares   11     121,372       116,118  
    Warrants   11     1,129       1,129  
    Contributed surplus         8,063       7,917  
    Surplus (Deficit)         (59,805 )     (46,083 )
    Cumulative translation adjustment         (21,858 )     (21,858 )
    Total equity         48,901       57,223  
    Total liabilities and equity       $ 1,703,843     $ 1,689,530  
     
    MOUNT LOGAN CAPITAL INC.
    CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS)
    (in thousands of United States dollars, except share and per share amounts)
     
          Three months ended  
        Notes March 31, 2025     March 31, 2024  
                   
    REVENUE              
    Asset management              
    Management and incentive fee   7 $ 2,928     $ 3,494  
    Equity investment earning       282       224  
    Interest income       268       271  
    Dividend income       38       112  
    other Income       299        
    Net gains (losses) from investment activities   4   (623 )     (71 )
    Total revenue — asset management       3,192       4,030  
    Insurance              
    Insurance revenue   8   23,389       22,741  
    Insurance service expenses   8   (25,534 )     (25,184 )
    Net expenses from reinsurance contracts held   8   (52 )     (649 )
    Insurance service result       (2,197 )     (3,092 )
    Net investment income   5   19,004       21,804  
    Net gains (losses) from investment activities   4   6,958       2,666  
    Realized and unrealized gains (losses) on embedded derivative — funds withheld       (4,783 )     (3,829 )
    Other income       —       6  
    Total revenue, net of insurance service expenses and net expenses from reinsurance contracts held — insurance       18,982       17,555  
    Total revenue       22,174       21,585  
    EXPENSES              
    Asset management              
    Administration and servicing fees   10   1,237       1,423  
    Transaction costs       4,545       251  
    Amortization and impairment of intangible assets   9   737       346  
    Interest and other credit facility expenses   12   1,857       1,702  
    General, administrative and other       4,202       3,893  
    Total expenses — asset management       12,578       7,615  
    Insurance              
    Net insurance finance (income) expenses   5   17,808       (7,252 )
    Increase (decrease) in investment contract liabilities   14   1,957       2,279  
    (Increase) decrease in reinsurance contract assets       966       3,556  
    General, administrative and other       2,549       2,239  
    Total expenses — insurance       23,280       822  
    Total expenses       35,813       8,437  
    Income (loss) before taxes       (13,684 )     13,148  
    Income tax (expense) benefit — asset management   15   361       (56 )
    Net income (loss) and comprehensive income (loss)     $ (13,323 )   $ 13,092  
    Earnings per share              
    Basic     $ (0.48 )   $ 0.51  
    Diluted     $ (0.48 )   $ 0.50  
    Dividends per common share — USD     $ 0.01     $ 0.02  
    Dividends per common share — CAD     $ 0.02     $ 0.02  
                       

    1The yield is calculated based on the net investment income less management fees paid to Mount Logan divided by the average of investments in financial assets for the current year and prior year.

    The MIL Network –

    May 16, 2025
  • MIL-OSI Economics: In Zagora, blue gold is giving a new impetus to tourism

    Source: African Development Bank Group

    Climate change has made water stress increasingly acute on the African continent in recent decades. The situation is particularly challenging in North Africa, where several strategic sectors, including tourism, depend on a steady supply of water to survive and develop. Water resources will surely be a recurrent theme at the Annual Meetings of the African Development Bank, which are to be held in Abidjan from 26 to 30 May 2025 under the banner, “Making Africa’s Capital Work Better for Africa’s Development”. 

    Tourism is a vital economic resource for the ancient town of Zagora, dramatically positioned at the gateway to the desert. But tourism depends on a natural resource –water, without which there would be no hotels, no lush gardens nestled in the courtyards of the riads (traditional urban houses), no artisans, and none of the amenities and attractions that bring thousands of visitors to the town each year in search of exotic relaxation. 

    Water stress has been a growing concern for Zagora’s people and businesses. As Saïd Elberkaoui, who has managed the town’s Riad Lamane hotel for the last five years, explained: “Water is a treasure but two years ago it grew scarce. If the situation had continued and intensified, it could have affected tourism.” 

    Nestled in the heart of a palm grove, Riad Lamane offers high-quality services and must ensure that all of its amenities, from rooms to garden to restaurant, are perfectly maintained to satisfy its customers. Scarcity of water was a clear threat to the smooth operation and even the existence of the hotel: “I was fearful that tourists would stop coming and my employees would lose their jobs,” Saïd Elberkaoui says. 

    Investments that are changing the game 

    Recognising the scale of the problem, the Moroccan government has taken timely action. accelerating investments in infrastructure to secure and reinforce drinking water supplies throughout the Kingdom. 

    In the province of Zagora, the National Office for Electricity and Drinking Water (ONEE) has completed the construction of a water treatment plant and a 127-kilometre drinking water supply system. The project, with total cost of over €55 million, was financed by a loan from the African Development Bank. Combined with water conservation and optimization measures, this forward-looking policy has benefited nearly 300,000 people. The towns of Zagora, Agdez, and the surrounding villages now have adequate supplies of this most precious resource. 

    For Firdaous Allouli, a cook at Riad Lamane, a secure water supply means fewer problems in her day-to-day work. “My kitchen runs better, we are more efficient, and we can respond better to customer requests. We can do more,” she says happily. 

    Water security promises a secure future for the tourism industry and gives it the potential to grow. As Saïd Elberkaoui says: “It is an extra reason to develop the riad and perhaps to recruit staff.” 

    However, the improvements in the province of Zagora do not resolve the problem for Morocco as a whole, which continues to suffer from declining water resources. The public authorities are addressing the issue through the National Programme for Drinking Water Supply and Irrigation (PNAEPI 2020-2027), which brings together and unites the capacities of all stakeholders who can help to resolve this complex equation. 

    The African Development Bank has been working in partnership with ONEE since the late 1970s. The Bank has contributed to major infrastructure projects to strengthen and secure access to water, which have improved water systems in nearly 30 Moroccan cities, providing for the water needs of more than 15 million people. 

    The Kingdom has invested more than €1.2 billion to ensure adequate supplies of water. Achraf Hassan Tarsim, Country Manager for Morocco at the African Development Bank, expects further joint work to address remaining challenges. “The urgent need today is to take action where water is starting to run out. We have been, are and will continue to stand alongside Morocco, meeting the water challenge together with our long-standing partner, the National Office for Electricity and Drinking Water,” Mr Tarsim said. 

    MIL OSI Economics –

    May 16, 2025
  • MIL-OSI Economics: Niger’s Bridges to Resilience: Building a Stronger Future

    Source: African Development Bank Group

    Under the glow of solar streetlights, Aichatou Alkassoum marvels at the Djibo Bakary Bridge in Farié, Niger. “At night, it’s like a modern Niamey street,” she says, her voice bright with pride. A leader in Delewa’s School Management Committee, she calls it “the Bridge of Renewal.”

    Previously, crossing the Niger River here meant hours waiting for a shaky ferry under a blazing sun. Since January 2021, this 640-meter bridge, part of the African Development Bank’s Trans-Saharan Road Project-TSRP, has cut travel time, linking Kourthèye and Gothèye with three km of paved roads and 180 solar lamps. Funded with $23 million from the Bank’s $125 million TSRP commitment, it’s a lifeline for trade across an enormous 9,022 km of land connecting the three countries of Niger to Algeria and Nigeria.

    The African Development Bank’s $1.2 billion project in Niger fuels this change. In Maradi, Hachimou Abou Moussam a farmerm once planned to move to Niamey to flee a constant struggle. Then the Water Mobilization Project for Food Security – PMERSA-MTZ  ($13 million since 2011) gave him two wells, pumps, and irrigation pipes. “I grow niébé year-round now,” he says. Across Maradi, Tahoua, and Zinder, PMERSA-MTZ built 47 dams, 74 wells, and 273 km of rural tracks, irrigating 18,000 hectares. Crop yields jumped 94 percent, and Hachimou’s income rose by $680 yearly, rooting him home.

    In Diffa, Arzika Assoumane, director of Kalmaharo Vocational School, credits the Vocational and Technical Education Support Project– PADEFPT, ($47 million since 2010). “We went from 300 students to over 1,000,” he beams. With 474 classrooms built nationwide, 21,000 students trained, and girls’ enrolment up from 2.2 percent to 8.4 percent by 2020, PADEFPT bridges skills to jobs. “The African Development Bank changed our lives,” Arzika says.

    Imagine the transformative power of light. The Niger Rural, Peri-Urban, and Urban Electrification Project ($68 million since 2017) project, did not only expand the Gorou Banda power plant to 100 MW, a 25% increase in available capacity, but also forging connections to 68,400 families, exceeding the ambitious targets by 150%. Now, with the Desert to Power-Project for the Development of Solar Power Plants and Improvement of Access to Electricity ($131 million, since in 2022), Niger is taking a leap towards sustainable energy, adding 30 MW of renewable capacity and bringing the life-changing power of electricity to 800,000 people.

    The Kandadji Ecosystems Program– PA-KRESMIN ($126 million since 2019) irrigates fields and powers 630,000 people. Together, these efforts, backed by $740 million disbursed, turn Niger’s land and people into strength. As Chief Amadou Boubacar notes, TSRP’s 16 classrooms and wells in Farié echo this: “Our market and health centre boost incomes.”

    The Trans-Saharan Fiber Optic Project – TSB in Niger (43 million EUR since 2016) is laying over 1,000 km of high-speed fiber optic network linking Niger with Algeria, Nigeria, Tchad, Benin, and Burkina Faso. In Agadez, where high-speed connectivity was once a luxury, young entrepreneurs will be able to run online businesses from their smartphones.

    It seems an age ago now when the internet was too slow to send a photo. Soon, farmers, small businesses, and artists from Arlit will take orders from Niamey, or even better, Algiers or Lagos. The project is transforming access to education, government services, and markets for thousands in previously disconnected regions. Beyond a cable, it is a pathway to opportunity, inclusion, and innovation in one of Africa’s growing economies.

    Yet, with a $402 billion continental gap, more is needed. Aichatou dreams of wider bridges, literally and figuratively. The African Development Bank’s smart cash builds resilience, one bridge, one harvest, one optic fiber, and one classroom at a time.

    MIL OSI Economics –

    May 16, 2025
  • MIL-OSI New Zealand: Economy – RBNZ Analytical Notes: Estimating Exchange Rate Pass-through in New Zealand

    Using a range of estimation methods, we find that a 1% appreciation in the Trade Weighted Index (TWI) for the New Zealand dollar exchange rate can lead to a 0.004 to 0.01% decline in ex-fuel tradables prices within one quarter. In the long run, it can lead to a 0.05 to 0.3% decline in ex-fuel tradables prices. These estimates of incomplete pass-through are in line with estimates obtained for inflation-targeting economies in the related literature.  

    Asymmetries in exchange rate pass-through can arise in different economic environments and across time. For example, pass-through tends to be stronger when the output gap is materially positive than when it is materially negative.

    Deriving Indicators of Economic Activity from Traffic Sensor Data: (ref. https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=15ef0a1d3b&e=f3c68946f8 )
    Key findings

    We develop monthly indicators of economic activity in New Zealand from granular data measuring traffic counts for both heavy and light traffic. Our indicators are highly correlated with New Zealand’s official measure of aggregate economic activity – Gross Domestic Product.
    Our indicators can be disaggregated into regional components at a daily frequency, highlighting variation that would remain masked in aggregate measures.
    These traffic indices provide an independent check on other high-frequency economic indicators, offer better monitoring of regional disparities in economic activity, and support timely policy advice in response to economic shocks. However, the higher volatility of these traffic indices means that they require careful interpretation, and these traffic indices should be used as part of a broader suite of economic indicators.

    More Information
    Our research and analysis: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=68e4cc931d&e=f3c68946f8

    The Analytical Notes series encompasses a range of background papers prepared by Reserve Bank staff.
    Unless otherwise stated, views expressed are those of the authors, and do not necessarily represent the views of the Reserve Bank.

    Our research programme: https://govt.us20.list-manage.com/track/click?u=bd316aa7ee4f5679c56377819&id=eae460457c&e=f3c68946f8

    Why we conduct research

    In an ever-changing world, our research into different dimensions of the New Zealand economy is the bedrock enabling us to make well-informed policy decisions.
    The RBNZ plays a central role in the New Zealand economy, setting monetary policy to support price stability, and acting as kaitiaki (guardians) of the financial system. To achieve our mandate, we draw on a comprehensive body of research into the New Zealand economy, which asks big questions ranging from how individual firms set their prices to what the future of money will look like in Aotearoa. Our researchers use advanced statistical techniques and macroeconomic modelling to unravel the intricate relationships between businesses, financial markets, and people that shape the New Zealand economy.
    The insights from our research provide us with the understanding and confidence to make appropriate policy decisions for the benefit of New Zealanders, and also equip us to respond to future shocks.

    MIL OSI New Zealand News –

    May 16, 2025
  • MIL-OSI New Zealand: Energy Sector – New Zealand Cleantech companies making an impact on the world stage

    With cleantech critical to both climate mitigation and economic growth, a visit to Singapore last week by six New Zealand cleantech companies, a Venture Capital firm and the MacDiarmid Institute, couldn’t have come at a more important time.

    OpenStar Technologies, TasmanIon, Nilo, Cetogenix, Mushroom Material, Allegro Energy (now Australia-based) and BridgeWest Ventures travelled as part of the “Cleantech Trek” to attend The Liveability Challenge and Cleantech Forum Asia, where they met with investors and multinational partners.

    “It’s huge that these NZ startups-some named in the Asia Forum’s ‘APAC Cleantech 25’-have developed technologies with the potential to help transition the world to a greener economy,” said Natalie Plank, MacDiarmid Institute Deputy Director Commercialisation and Industry Engagement.

    The APAC Cleantech 25 recognises forward-thinking companies developing and deploying breakthrough environmental solutions, while driving economic growth and technological progress across the Asia-Pacific region.

    Dr Plank said the opportunity for the companies to be part of the wider Cleantech ecosystem in Singapore, to seek investment and to partner with multinational partners, comes at a significant time.

    “The world needs climate mitigation technologies like never before. Singapore offers a chance to connect with investors and global players who can help scale New Zealand cleantech into international supply chains and energy infrastructure.”

    Dr Ratu Mataira, Founder and CEO of fusion startup OpenStar, said that Aotearoa had built a reputation for building creative technologies that support a greener future.

    “We’ve seen that in companies like Lanzatech, and it’s unsurprising a new crop of Kiwi startups feature so strongly on this list. In our field of fusion, Kiwis were here at the start with Rutherford, and they will be here at the end with OpenStar.”

    The importance of cleantech to the future New Zealand economy

    Cleantech industries are rapidly emerging as a cornerstone of the global economy. The World Economic Forum describes them as “the enablers of our future decarbonised energy system” and recognises them as “a major economic factor.”

    Michelle Polglase, GM of Project Delivery at Ara Ake, highlights a recent Boston Consulting Group report that identifies “Green Tech” as a key growth sector for New Zealand. “We already have many of the ingredients for a thriving cleantech ecosystem,” she says, “including research institutes, innovative startups, incubators and private investors.”

    The cleantech sector is scaling rapidly around the world. Global investment reached more than US$40 billion in 2023, and the International Energy Agency projects that spending on clean energy will rise from US$1.8 trillion in 2023 to US$4.5 trillion annually by the early 2030s under its ‘net zero pathway’ scenario.

    The New Zealand Cleantech Mission is helping local companies tap into this global opportunity. Now in its third Cleantech Trek – a series of visits to leading cleantech companies regionally and overseas – the Mission is backed by foundational sponsors Ara Ake and the MacDiarmid Institute, continuing work originally supported by Callaghan Innovation.

    “We’d love to see more clean energy companies from New Zealand on the world stage,” says Michelle Polglase. “To get there, they need commercialisation support, growth capital and strong global connections.”

    MIL OSI New Zealand News –

    May 16, 2025
  • MIL-Evening Report: No chance to say goodbye – defeated MPs will rue not giving valedictory speeches

    Source: The Conversation (Au and NZ) – By Amy Nethery, Associate professor of politics and policy, Deakin University

    Former Greens leader Adam Bandt’s 15-year career in federal parliament came to an end in a nondescript park in Melbourne, far from the seat of power in Canberra.

    He was there to concede defeat in the federal election. In one fell swoop, Bandt had lost his seat, his party’s leadership, his vocation and his living.

    As a defeated MP, he was denied the opportunity to deliver a valedictory speech in parliament, which is available to politicians who go out on their own terms.

    Instead, he stood in a garden, reflecting on his career highs and lows and thanking his family and supporters.

    Adam Bandt draws his 15-year parliamentary career to a close after conceding defeat in his seat of Melbourne.

    Bandt wasn’t the only high-profile politician whose career was cut short without the formal opportunity to say goodbye to parliament.

    At least 14 other MPs, including Peter Dutton, Bridget Archer, David Coleman, Michael Sukkar and Zoe Daniel, were sent on their way by voters without a valedictory to help draw a line under their parliamentary service.

    Rite of passage

    Valedictory speeches are vital for democratic renewal, because they help MPs navigate the complex changeover from the all-consuming role of a parliamentarian to life after politics.

    In this regard, they are similar to other rituals, such as graduations, weddings and even funerals, which help participants and observers make sense of major life transitions. This is why valedictory speeches are a cherished rite of passage for many departing members.

    Bill Shorten planned his retirement from politics and gave a valedictory speech in November 2024. He knew he was one of the fortunate ones:

    In 123 years of the storied history of the Parliament of the Commonwealth of Australia, 1,244 individuals have been elected to the House of Representatives, each introduced themselves in their first speech […] But only 216 ever got the chance to say goodbye, to give a valedictory. Political life can be tough. Election defeat, scandal, illness, Section 44. So today, I stand here neither defeated nor disposed, lucky to have served, fortunate to be able to say goodbye and thank you.

    While first speeches have a long history in parliament, it was only in the 1980s that valedictory speeches became widely available to departing MPs and senators.

    Since then, valedictories have become one of the signature personal moments in a parliamentary career. They are often celebratory, friendly and funny in tone. Unsurprisingly, these speeches tend to be the most autobiographical – and frank – an MP will give in their career.

    On their way out, members speak with less constraint. Cross-party friendships are frequently noted. Some speak about the enormous sacrifices made by their spouses and children, and moments of personal loss.

    Life after politics

    We interviewed 39 former members of the Victorian parliament in 2020 about their experiences leaving parliament.

    Many spoke of valedictory speeches being important touchstones in their transition to life post-parliament.

    One former MP who gave a valedictory told us they “went out in the best way possible”:

    My valedictory speech was probably one of the best speeches I’ve ever made, and I still go back and watch it occasionally […] My kids were there, and family were there. It was just a really nice way to finish up with a funny speech. Then everyone lines up on both sides to shake your hand.

    No closure

    For some who missed out, the absence of the ritual contributed to ongoing negative feelings about parliament and their political career generally.

    Many former MPs experienced financial and emotional stress in their life on “civvy street”. Many found it difficult to establish an identity or career after politics.

    For involuntary leavers, the difficulties of electoral loss can be compounded by the sense of exclusion from one of the key transitional practices, leading to a sense of alienation. One former MP we interviewed recalled:

    One thing I did miss […] was I didn’t get to do a last speech. Very sad that I wasn’t able to round it off. There’s no closure and it’s almost like you’re just kicked out, here’s your basket of things from your desk and off you go.

    New rituals

    Given strangers are not permitted on the floor of the House or Senate, it is not possible for the vanquished to deliver conventional valedictories after an election.

    Parliament should consider giving these former members and senators a comparable transitional process to draw a line under their political careers.

    Some progress has been made. Since 2010, federal members who lost their seats can provide a written statement in lieu of a speech. A booklet of these statements is presented to the House early in the new parliament.

    We recommended to the Parliament of Victoria that a valedictory event be held in the Queen’s Hall or another formal location.

    Not all members want to go back to parliament – some may prefer to say goodbye in a local park.

    But for those who do, this can be an important observance to mark the end of their contribution to public life and their identity as a parliamentarian.

    Amy Nethery received funding from the Parliament of Victoria in 2020 to examine former MP’s experiences of the transition to life after parliament.

    Peter Ferguson received funding from the Parliament of Victoria in 2020 to examine former MP’s experiences of the transition to life after parliament.

    Zim Nwokora received funding from the Parliament of Victoria in 2020 to examine former MP’s experiences of the transition to life after parliament.

    – ref. No chance to say goodbye – defeated MPs will rue not giving valedictory speeches – https://theconversation.com/no-chance-to-say-goodbye-defeated-mps-will-rue-not-giving-valedictory-speeches-256569

    MIL OSI Analysis – EveningReport.nz –

    May 16, 2025
  • MIL-OSI USA: Congressman Allen Backs Pro-Law Enforcement Bills During National Police Week

    Source: United States House of Representatives – Congressman Rick Allen (R-GA-12)

    This week, in honor of National Police Week, the U.S. House of Representatives passed three pieces of legislation to express support for law enforcement officers and agencies nationwide. After voting in support of each measure, Congressman Rick W. Allen (GA-12) issued the following statement:

    “National Police Week serves as a powerful reminder of the sacrifices made by our law enforcement officers and the vital role they play in protecting our communities, our families, and our loved ones. While they face increasing challenges and threats to their safety, as the recent tragedy in Columbia County has shown us, it is more important now than ever to stand with our men and women in blue. I was proud to help pass this week’s legislation and will continue to unapologetically support those who carry the badge in the 12th District and across the nation.”

    The pro-law enforcement bills passed this week include:

    H.R. 2240, the Improving Law Enforcement Officer Safety and Wellness Through Data Act of 2025: 

    • Requires the Attorney General to assemble reports on violence against law enforcement officers and the effectiveness of programs meant to provide law enforcement with wellness resources and protective equipment so we may comprehensively enhance the safety of police officers.

    H.R. 2243, the LEOSA Reform Act: 

    • Broadens the ability of qualified active and retired law enforcement officers to carry concealed firearms in areas such as national parks, federal facilities open to the public, and state, local, or private property open to the public.

    H.R. 2255, the Federal Law Enforcement Officer Service Weapon Purchase Act: 

    • Directs the General Services Administration to allow current and retired federal law enforcement officers to buy their retired service weapons at salvage value.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI New Zealand: DOC reopens lower Hooker Valley Track

    Source: Police investigating after shots fired at Hastings house

    Date:  16 May 2025

    “We know how much this iconic walk is valued and how much people love to visit and walk it, so we’ve worked hard to keep the lower part of the track open,” says Aoraki Mount Cook Operations Manager Sally Jones.

    “There is an elevated viewing site looking over Mueller Lake and visitors can still walk up the stunning Hooker Valley past the first suspension bridge which is about an hour’s return from the carpark at White Horse Hill.

    “We will have to keep the upper part of the track closed while the construction takes place as there are helicopters carrying big loads flying overhead. It’s a worksite and keeping people safe is our number one priority.”

    Sally Jones says the well-known track to Kea Point is also still open and visitors can enjoy the iconic views of Aoraki and other mountains close by.

    “Kea Point is not as popular, but the views are just as spectacular as the Hooker Valley. For those who with the skills and fitness seeking a more challenging walk, there is also the trek up to Sealy Tarn, to Mueller Hut and the walk up to the Tasman blue lakes.”

    Work is underway to get the Hooker Valley Track fully open. Once built, a huge new suspension bridge will span 189 metres across the river. It will replace an older bridge which had to be closed last month due to riverbank erosion near the bridge supports.

    DOC contractors have been on site to block off access to the old bridge and to keep visitors away from what is now a construction site and must be treated as such.

    Construction work will continue for the rest of this year, and it’s hoped the new bridge will be open by next Autumn.

    “It’s a huge and challenging project and will be a tourist attraction in its own right,” says Sally Jones.

    The cables that will be flown in are massive and the whole thing will be spectacular to watch. We can’t wait until it’s open.”

    Incredible landscapes, nature, and cultural heritage make Aoraki Mount Cook one of the top two most popular national parks in Aotearoa (alongside Fiordland). It attracts over a million visitors a year and is on the itineraries of about 21% of international visitors.

    Map of the current closures on the Hooker Valley Track

    Contact

    For media enquiries contact:

    Email: media@doc.govt.nz

    MIL OSI New Zealand News –

    May 16, 2025
  • MIL-OSI USA: Murkowski to EPA: “Let me help you”

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski
    05.15.25
    Washington, D.C. – U.S. Senator Lisa Murkowski, Chair of the Senate Appropriations Subcommittee on Interior, Environment, and Related Agencies, hosted the Administrator of the Environmental Protection Agency (EPA) in subcommittee to discuss the agency’s budget request. The Senator and Administrator Lee Zeldin discussed how the subcommittee can best serve the agency’s mission of providing clean air, water, and land for all Americans, while the Administrator committed to fostering a better working relationship with the subcommittee and Senator Murkowski’s office.
    Chair Murkowski discussed a number of issues important to Alaska that she is looking forward to collaborating with the EPA on, including cleaning up PFAS contaminated lands, ensuring clarity for Alaskans on frozen or paused EPA grants, addressing the backlog of Congressionally Directed Spending (CDS) projects, and investing in cleaning up lands conveyed to Alaska Natives that were contaminated by the federal government.
    Click here to watch the Senator’s full remarks and questions.
    The full transcript of Senator Murkowski’s opening remarks, questions and exchanges with Administrator Zeldin, and the Senator’s closing remarks can be read below.
    TRANSCRIPT
    Opening remarks
    Murkowski: Good morning, the Committee will come to order. I’d like to welcome Administrator Zeldin to the committee here this morning. I think it is important that as we begin our budget hearings, we begin the oversight through the Interior Appropriations Subcommittee with the EPA, an area of interest, I think, for all of us, as we think about how we ensure that Americans from Alaska to Oregon, to New York to all the places in between, have the benefits of clean air, clean water for all of us.
    So, thank you, Administrator, for being here to discuss the Fiscal Year 2026 budget request. We recognize that what we have seen is “skinny,” as we refer to it around here. Each year, the subcommittee holds a hearing to examine the EPA budget requests. Some years, the budget is the focus of the hearing, and others, it’s agency actions that draw the majority of the questions. I think it’s probably safe to assume that this year it’s going to be a mixture of both of these. And again, we’ve just seen the “skinny” outline of Fiscal Year 2026, we have yet to see the full details of the President’s budget request, but I have to say at the outset: looking at some of these proposed cuts, I’m looking at them and questioning whether they are serious cuts. I find many of them problematic. I’m just going to be open and honest with my words here this morning and we will have good dialogue, constructive dialogue, in this committee.
    So again, while we’re waiting for additional details, I want to spend my time this morning talking about the vision for the EPA and Administrator, how you plan to use your position to continue to better provide clean air, water and land for Americans from Alaska to Florida, from California to Maine, and how a budget like the one that you propose could support that mission.
    Under the Biden administration, I had some very serious concerns about the regulatory overreach of the agency. I expressed them often. I also shared the concerns that I felt were overzealous enforcement actions coming out of the agency that went contrary to the needs of Alaskans. We were able to figure out how to find common ground in certain areas to make progress, and some things that were certainly good for Alaska. I mentioned to you contaminated lands, residential wood stove testing and certification. We still have a long, long ways to go on PM, 2.5, I think we know that. PM 2.5 and 301 (h) waivers… We’ve got work to do. I think we know that.
    So now we’re in a in a new administration, new administrator and perhaps a different direction here. I do appreciate many of the actions and the initiatives that we have had a chance to discuss. (I) certainly support the willingness to work with the Army Corps of Engineers to review the WOTUS rule, your reconsideration of Clean Power Plan 2.0, the vehicle emissions rules, and then, of course, a renewed focus on permitting, something I would think that all of us can come together on.
    But my concern this morning, and what you will hear from me, and I think many others, is the approach that’s been taken with regards to freezing funds, canceling grants, and then the reorganization of the agency. I’m looking at it through the not only through the lens of Alaskans, but really all Americans who, regardless of how you feel about the EPA, we benefit from its data driven decision-making, the remediation efforts and the mission to protect human health and environment. And I respect, I give a lot of leeway for an incoming administration’s prerogative to implement changes in support of the policies and priorities, but it also has to be done with clear articulation of the of the goals against which such changes will be measured.
    And so, it’s problematic when as a committee we’re asking questions, we don’t receive basic data that would be helpful, would be good guidance for us. And so, when we see implementation of significant changes without working or seriously communicating with us, your partners in Congress, it just makes it harder for us to do the job of supporting your mission. We are on the same side here, and so we want to work with you in so many of these areas.
    I think we all can agree that there are inefficiencies and redundancies to be found throughout the federal government, some of EPA programs we know are overly burdensome. And again, I applaud the administration for seeking to find ways to help ordinary Americans cut through red tape and make programs easier to access. But the seemingly indiscriminate freezing of EPA funding, regardless of source, has caused some significant anxiety from the folks that I’m talking to in Alaska. One example is the Community Change Grants in my state, we’ve received $150 million from this program. It’s communities like the little village of Kipnuk, it’s the Native village of Kotzebue. Took a lot of work to get to the place where they were able to secure the funding, and they’ve had their grants canceled by the agency without any explanation, and so this is where some of the anxiety comes, is just not knowing why.
    It’s not just in Alaska. I think members on both sides of the dais can, and probably will, talk about the benefits of the grants to their states and their communities. You’ve also proposed massive reorganizations of EPA to include the elimination of the Office of Atmospheric Programs and the Office of Research and Development. It is true that agencies funded by our bill will have the flexibility to reprogram and reorganize, and we provide that flexibility because we know – we get it. There can be urgent and exigent circumstances that warrant such actions. However, agencies must comply with the requirements and provide the committees with the requisite information, whether it’s budgetary and staffing implications, but also the rationale for the actions to include why these actions are so urgent. And so far, EPA has not adhered to our reprogramming guidelines and has been largely unresponsive to the questions. So, I would certainly expect timely and transparent responses and information. I would expect EPA to abide by the parameters that are outlined in our reprogramming guidelines. And I think, as a former member of Congress, you get it. You’ve been on the frustration end of things as well. So again, ways that we can be working together.
    Now, turning our attention to the FY 26 budget proposal. In Alaska, we’ve seen on the ground examples of really good things being done with some of the programs that your budget has substantially reduced or proposed to eliminate. Example: the proposed reduction of the State Revolving Fund, reducing it from $2.8 billion down to $305 million. This is an 88% reduction. This was one of the ones when I mention unserious proposal. This is the one that I’m looking at, because it clearly is one of the most essential programs that the agency administers. And you mentioned as part of your justification for cutting this program that the account has been heavily earmarked, and this is true. The 66 members of the Senate, including 17 Republicans, making it our most bipartisan account, who requested congressionally directed spending for the SRF accounts did so in connection with the states to ensure the funding was going to critical clean water and drinking water projects. Now I would also note that in FY 25, Congress voted for, and the President signed into law, a full year CR that keeps the SRF fully funded, rather than reducing it by the amount of the CDS is.
    So, I’m going to close my comments here with, I don’t know if it’s a note of sympathy or just an acknowledgement, because I get it. You are, I think, 106 days since you were confirmed and sworn in as EPA Administrator. And for an agency as key and as vital as yours, that’s really a short time to get everything up and running, from enacting the administration’s priorities to establishing a clear working relationship with us here in Congress. We know that you’re still getting your team in place, because we’re trying to move them through our process here, and it is slow, and you need those folks. You need the members of your team. So, I’m giving you the benefit of the doubt here. There’s plenty of time for us to figure out what’s working what’s not, establish open lines of communication between our teams that will mutually benefit your mission and all those that we work for. So, I’m eager to start on that. I thank you for your testimony today, your willingness to answer our questions and just the opportunity to be working with you. And with that, I turn to ranking member Merkley for his comments.
    First line of questions from Murkowski
    Murkowski: I will begin with my first five minutes, and again, appreciate the opportunity that you and I have had to discuss some of the particular issues. I’d like to ensure that we continue that very direct engagement, not only between us, but also with our staffs. We’ve had a conversation about transparency, partnership and responsiveness, and again, I think you come to this position really from a good place, because you’ve sat in in our seats here, so to speak. When you’ve asked questions of an agency and you get frustrated because you’re not able to get what you’re seeking.
    So, there is a lot going on within the agency, as you have outlined, and as I suppose the ranking member and I have outlined. But we need to be more informed, rather than getting updates by way of tweets or stories for them from the media. The agency has issued reorganization notifications, but we’re not getting the full picture or the answers to some of the questions that we have asked. So, my direct question to you this morning is just a renewed commitment that the promise of transparency, partnership and responsiveness is there, that we’re going to be able to have meetings between your senior teams and our folks on the Appropriations side, so that we can help you. Let me help you type of an approach, and that’s what I’m seeking from you this morning, Mr. Administrator.
    Zeldin: Absolutely, Madam Chair, and you uniquely amongst 535 members of Congress have a “Batphone” into my office, which I would encourage you to use at any time. We’ve spoken since my confirmation, and when we meet, you often have a very long list of priorities for Alaska, that you’re fighting for, that you’re passionate about. And to make sure that we’re working through that list at every opportunity is something that will be a priority for our team as long as I am here as administrator, and I would encourage you to reach out whenever you would like, and I’d be available to work through whatever is at the top of your list that day.
    Murkowski: Very good. Very good. Let me ask about the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund. I mentioned in my opening, these are probably the areas where on this committee we have more bipartisan support for a program, and we’re looking at a budget that effectively eliminates the one thing that we’re all in agreement on. So, I’d ask you to share with me and the others on the committee why the agency would move away from such a critical on-the-ground program when we’re talking about access to clean water?
    Zeldin: Madam Chair, as you pointed out in your opening remarks, and as you referenced from the skinny budget that was released that we’re here to talk about today, there has been a bleeding out of funds deliberately through decisions made by Congress to earmark. I understand that when I came into this position, I inherited a lot of earmarks that many of you have fought for, and I want to be able to continue to work with each of you and your staffs. In some cases, we need to get the recipients to submit paperwork where they’re on the receiving end of big earmarks, so that we can work through this backlog as quickly as we can. It would be helpful to have a conversation about the SRF and the use of earmarks, and how that has been reducing the funding through the years.
    As you all know, there’s a difference when these skinny budgets come out, whether or not something is funded at $0, or it’s funded at $1. Now that might not seem like much to the American public in understanding how these conversations go in Congress. The SRF is not zeroed out in the skinny budget – In fact, it has hundreds of millions of dollars there in it. So, as we go forward with this process, I look forward to more conversations about the SRF, and I’m sure members of the House and the Senate will be having conversations amongst yourselves as to what you believe to be the appropriate funding level for SRF, as well as the future of the program, and whether or not earmarks will continue to be used to reduce that balance. That’s obviously a decision that Congress has a very important role to play.
    Murkowski: Well we do, and we can have a separate discussion about earmarks. I think we both know that earmarks don’t contribute to the top line number you are discussing here. A concern that I have raised with you, that there has been, over the years, Congressionally Directed Spending, earmarks, that have been moved through the process, authorized and appropriated to, and still not spent down. So, my time has expired. Now know that on this next round, I’m going to ask for a little more discussion about that. But I do think that given the significance of the Clean Water State Revolving Fund and the Drinking Water State Revolving Fund by so many of us… let’s have a broader discussion about how we move forward with what I would think most of us recognize has got to be a priority within the EPA.
    Second line of questions from Murkowski
    Murkowski: Administrator, I had asked you, we had had a discussion about the Congressionally Directed Spending projects. You have indicated that, indeed, we’ve got a backlog here that we need to address. My understanding is that since fiscal year 2022, Congress had directed 2,264 CDs projects at the EPA – only 705 have received the funding. So, I think both of us would agree, you know, we’ve got an issue here. There’s a problem. The FY 25 CR, of course, did not include the CDS projects. So, I’m looking at that and saying, all right, the agency has the balance of the fiscal year to work on catching up from this backlog of the CDSs. Can you just give me a little bit of your understanding in terms of how you’ve directed your team to expeditiously get these projects out the door in a more timely manner?
    Zeldin: I appreciate the question, Madam Chair. The backlog goes back years. I’ve directed my team to both work with the members of Congress who represent those areas, the members of Congress who requested those earmarks to get assistance in the case where the recipient has not been responsive, and simultaneously, to try to engage as much as possible directly with the recipient, to try to get the recipient to submit their paperwork. We want to completely get through the entire backlog that we inherited as quickly as possible.
    Murkowski: Can we help you with that?
    Zeldin: Yes.
    Murkowski: I’m working with my constituents right now as we’re moving forward in this year’s appropriations and getting requests for CDSs. So, can you perhaps either let me know who it is on your team that we need to be communicating directly to if there are snags on your end, or perhaps, again, you’re just not able to get in touch with the applicant?
    Zeldin: 100%. As you well know, the EPA is broken down into all sorts of different program offices.
    Murkowski: Right.
    Zeldin: And the it might not be just one person for all grants. It might depend on whether the backlog might… we might be talking about a backlog inside of the Office of Water, where they need assistance from the members of Congress, or maybe it’s another office. Maybe it’s the Office of Air and Radiation. We would look forward to an opportunity to work with you and your team, and all members of Congress, on both sides of the aisle as much as possible, to eliminate the backlog that we inherited.
    Murkowski: Good, good. Let’s do that. I think that’s a good plan.
    Many members here have asked about different grants and programs, the pauses, the freezes. It’s been particularly frustrating in Alaska, when we hear there’s been a hold up in terms of the grant award. We’ve got just a limited construction season. It’s just hard. Even if not choked by ice, you might have a barge that comes up with your materials for a project, maybe once, maybe twice a season, and so it can push a project back, not just months, but by another season – another year, perhaps multiple years. It’s been hard to provide some clarity to our communities on which grants are going to be awarded, which are just going through the review process that you shared with us, which grants have been terminated.
    So, I’d ask if your folks could provide a list of what’s actually been paused for review versus what has been terminated. I think we’ve heard, for instance, on the EJ (Environmental Justice) grants, that one has been perhaps more clear, but there are a lot in between. And I think it would help our communities if there was more certainty as to what has actually been terminated versus what is still in the pipeline for review. So, I’d ask for your help on that.
    Zeldin: Absolutely, Madam Chair, and we will continue to be distributing funding appropriated by Congress as we go through the rest of the fiscal year that will include funds for your great, great state, and we look forward to working with you on the process. As you know, when the President first came in, there was an administration-wide pause that was lifted. The pause that was then instituted for EPA was more specific to some of the Inflation Reduction Act programs. There was a Clean School Bus program concern that was that was raised early in the administration, when Lion Electric (Company) and their bankruptcy issue caused some questions to be asked to make sure that the concerns with Lion Electric (Company) were it was just specific to Lion Electric (Company). And as it relates to the grants that were that were canceled, that’s something that if you have any questions about what was included in that we’re happy to answer any individual questions.
    Murkowski: Good, okay, we’ll work with you on that list.
    Third line of questions from Murkowski
    Murkowski: The operating plan for FY25 we received. It’s very much in line with the previous year’s funding level for each line item. There’s a lot of changes that that have been discussed, but it sounds like you are committing to spending the funds as delineated in the agency’s spend plans. And I guess my ask to you is, if that’s not going to be the case, that the subcommittee receive a reprogramming request so that we basically follow the process if, in fact, we’re not doing the agency is not doing this spend out as we have anticipated, as these small communities understand them.
    I just have two very quick follow ups. One is very easy for you, because we’ve discussed it at length, but it is a significant issue in my state when it comes to contaminated lands. The history that I have shared with you of Alaska Natives receiving their settlement of lands, being conveyed by the federal government. And basically, they were conveyed tainted lands, lands that were contaminated by various actions of federal agencies, whether it’s the land managers, or the Department of Defense. And so, we have made some good progress with EPA. And believe me, this is not EPA’s is fault or liability for the contamination. It’s the federal governments. But what we have learned is that the EPA is uniquely qualified to help us solve this issue. Over the past couple years, there’s been roughly $20 million in funding that has been directed to contaminated lands, and the agencies have been doing some really good work. I just need your commitment that we’re going to continue with this. $20 million, unfortunately, doesn’t even get the first project cleanup. We know that that these are expensive, but it is an obligation. It is a liability of our government, and we owe it, whether it’s to Alaska Natives as conveyance of their settlement, or to others. And I know that when we’re talking (EPA) Superfunds, Brownfields, contaminated lands, we just have so much work to do here. So, know that you got cooperation on my level here.
    Zeldin: Yes, Madam Chairwoman, I look forward to visiting over the course of the next couple of weeks in Alaska. Might be able to have the opportunity to hear about, see about, see this firsthand, and I will, with regards to all appropriations, make sure that we are fulfilling our obligations under the law. So, if Congress appropriates the funds, we’ll make sure that it’s spent.
    Murkowski: Very good.
    PFAS is something that we talk a lot about in Interior Appropriations Subcommittee. Last month, you announced that EPA will “tackle PFAS from all of EPA’s program officers, advancing research and testing, stopping PFAS from getting into drinking water systems, holding polluters accountable, and providing certainty for passive receivers. You said this was just the beginning of the work that EPA is going to do to tackle PFAS, which I certainly appreciate, and I know most everyone up here does.
    Can you tell me whether the operating plan and the skinny budget requests, whether they actually reflect this kind of full forward push on PFAS, and whether it includes the $10 billion that the Bipartisan Infrastructure Law funding provided to take on PFAS contamination. I’m looking at this skinny budget, and I’m saying, good for you, let’s go on PFAS. But I’m worried about making sure that we’re actually budgeting to do so, and I’m also worried about whether or not with the RIFs that we have seen to date, as well as what is anticipated about perhaps an additional fork in the road, whether we’re going to be able to do the job. So again, this is something where you’re going to have good support from people in this committee for the initiative. But do you have the budget, and do you have the people?
    Zeldin: Senator, we’re actually adding people into this effort inside of the Office of Water. As you noted, this spans multiple program offices at EPA. A lot of the PFAS work is done inside of the Office of Water. The reorganization announcement that we made a couple weeks ago includes boosting that effort inside of the Office of Water. The press release from April 28 that you referenced included a lot of different actions that we plan on taking, and everything that the agency has announced is already factored into the skinny budget that is before the committee today.
    Murkowski: And so, let me just ask more directly, whether or not you’re concerned that the RIFs or the deferred resignation is going to impact your ability to execute, whether it’s on the PFAS side or contaminated lands, or any number of issues that you’ve heard here from members.
    Zeldin: No, Madam Chair. This is a very important priority of ours at EPA. When I was in Congress, I was a member of the PFAS Task Force. I had voted for the PFAS action act, when I was a member of the House. I represented the district that had all sorts of different PFAS contamination issues. This is something that, in many respects, started during President Trump’s first term in office, and has continued to progress since. And we’re going to make sure that we’re hitting the ground running. That’s included in the April 28 announcement, but as we noted in that announcement, that’s just some of the many decisions and important work that’s before us. It is a very high priority.
    Murkowski: So, you’ve spoken to the adequacy to meet the PFAS mission. Are you concerned about your numbers EPA wide to do your overall mission, not just specific to PFAS, but with everything else that you’re looking at? Because the reduction in staffing, is very significant, you’ve got to admit that. And so, you’ve got a big task, and we want you to be able to execute on that. So, just want to hear from you whether you have any concerns about your staffing levels right now.
    Zeldin: Madam Chair, we are going to fulfill all statutory obligations. One of the things that was a surprise to me coming into the position was just how many people who are employees at the agency were not working on any statutory obligation at all. And I also want to say that there are a lot of amazing, dedicated employees at EPA. The American public might feel disconnected from agency employees who might be working in Washington, D.C., but there are a lot of people who have been there for a long time. They believe in the agency mission. They work hard every single day. One of the reforms we brought in coming in is ending COVID year remote work. And it’s great to hear noise in the building, to see the foot traffic, and to see people being productive and collaborative. But if anyone out there was tuning in and they don’t know what the agency looks like, it’s filled with a lot of amazing, dedicated workers who believe in the agency’s mission, and we’re going to work hard to make the public proud.
    Murkowski: Well, I’m glad that you’ve acknowledged your workforce, because I think you do have people who are good public servants. They’re proud of the work they do, and they’re the work that they do has value. And we want to recognize that.
    Closing Remarks
    Murkowski: We will have further discussion about so many of these issues: the reorganization, what we’re seeing with the grants. But I appreciate, Administrator Zeldin, you appearing before the committee, responding to our questions. We will hold the record open until May 21 for additional questions from members and would look forward to your responses to those as well.
    And with that, the committee stands adjourned – we’ve got to vote!

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI United Kingdom: Survey launched to inform NHS dental contract reform

    Source: United Kingdom – Executive Government & Departments

    Press release

    Survey launched to inform NHS dental contract reform

    Dentists in England encouraged to take part to inform government plans to improve NHS dentistry

    • Dentists nationwide encouraged to take part in survey on costs of running dental practices
    • Findings will support government’s plans to reform dental contract by giving a more accurate picture of what is driving up dental costs
    • Research is part of mission to improve access to dental care for patients through government’s Plan for Change

    Dentists across England are being urged to take part in a new nationwide survey to help inform the government’s long-term dental reform programme.

    The survey will gather information on the costs and pressures involved in running a dental practice.

    The research is part of the government’s wider plans to reform the dental contract in England, providing better access to care for patients by making NHS work more appealing to dentists.

    Health Minister Stephen Kinnock said:

    We are working to fix an NHS dentistry sector left broken by years of neglect.

    We have already rolled out an extra 700,000 urgent dentistry appointments and introduced a supervised toothbrushing programme to prevent tooth decay in young children in the most deprived communities. 

    More work is needed, but to find the right solution we must make sure we are clear about the problem. Through this survey, we will gain a better understanding of the pressures faced by the sector so we can fix them and deliver better care for patients through our Plan for Change.

    Results of the survey will support the development of the government’s dental reform programme and the annual pay review process conducted by the independent Review Body on Doctors’ and Dentists’ Remuneration (DDRB).

    It forms part of the government’s Plan for Change to improve NHS dental services, addressing challenges that have left many patients struggling to access care, amid reports that some have undertaken DIY dentistry.

    The government has started on its manifesto commitment to roll out extra urgent dental care appointments across the country.

    It is particularly targeting areas of dental deserts, where patients have struggled to get appointments, and has rolled out a national supervised toothbrushing programme for 3 to 5 year olds in early years settings – including nurseries and primary schools.

    Practice owners who complete the anonymous survey can also register their interest in participating in follow-up interviews to provide more detailed insights into the financial challenges they face.

    The survey is open to all dental practices across England until 16 June 2025.

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    Updates to this page

    Published 16 May 2025

    MIL OSI United Kingdom –

    May 16, 2025
  • MIL-OSI USA: Murkowski Reinforces Alaska Health Priorities to HHS Secretary

    US Senate News:

    Source: United States Senator for Alaska Lisa Murkowski
    05.15.25
    Washington, DC – Yesterday, U.S. Senator Lisa Murkowski (R-AK) engaged with Health and Human Services Secretary Robert F. Kennedy Jr. to discuss the reorganization of HHS programs that assist vulnerable Alaskans including Low-Income Home Energy Assistance Program (LIHEAP), National Institute for Occupational Safety and Health (NIOSH), Head Start, and community-based programs that support survivors of domestic violence.
    Watch Senator Murkowski’s opening statement here.
    Read the Senator’s transcript below:
    TRANSCRIPT
    Murkowski: Thank you, Mr. Chairman. Mr. Secretary, welcome, good to see you. I want to talk a little bit about the HHS reorganization on some of the programs that impact Alaska’s most vulnerable populations. I sent you a note letting you know that just after this hearing, I’m going to be chairing a Senate Committee on Indian Affairs [hearing] specifically examining HHS Tribal programs that are outside of IHS [Indian Health Service]. I really thank you for your early efforts to exempt IHS healthcare providers from the RIFs [reductions in force], that was very important.
    But, I’ve also heard concerns from Tribal leaders on the impacts of RIFs to key HHS programs serving their communities. So, I know you’re going to have some of your folks tuning in on that, and I really appreciate that. But some of the other reductions that we’re looking at within your budget do have significant consequences to a state like mine.
    One is the LIHEAP program, the low-income energy assistance. For us it’s not a budget line item. You’ve been to Alaska. You know that the temperatures there can get really, really tough. [LIHEAP] keeps people from freezing to death in their homes.
    Another program is NIOSH, and I know that HHS had rescinded a number of those employees, that was great news. But employees that received RIF notices for the program were not rescinded in the NIOSH center for Marine Safety and Health Studies. So, this is a big deal for our commercial fishing safety. It could effectively leave our fishing fleet out of compliance with Coast Guard safety [regulations], so we’re watching that very, very carefully. And then again, shared focus here on making sure that our children are as healthy as they possibly can be. I want to look to ways that we can strengthen and not eliminate the Head Start program.
    Kennedy: You’re talking about the NIOSH program? You should talk to me about that. As you know, that’s something that I’m deeply concerned with, with the commercial fisheries. So, we should talk about it. Let’s work for the solution.
    Murkowski: Got it. I am with you right there.
    Let me ask about domestic violence and sexual assault funding. Right now, I’m talking and I’m receiving a lot of incoming from our community-based domestic and sexual violence program operators. They’re really concerned about the delayed release of FY 25 funding, the absence of notices of funding opportunities, as well as proposed cuts or consolidations that might threaten the Office of Family Violence Prevention and CDC’s Division of Violence Prevention. So, you’ve got some programs there that are really foundational to domestic and sexual violence. They’ve been reauthorized with bipartisan support.
    So, I’m going to enter into the record a letter from the National Task Force [to end Sexual and Domestic Violence], and it was sent to you yesterday, just urging the communication of concrete plans for releasing some of these funds. I want to raise that to your level, but I want to make sure that we’re sending the right signal to so many who are just really on the edge with, again, these community-based services that are helping the most vulnerable of the most vulnerable. So, we’ve got the funding that’s out there. It’s just delayed. We need help releasing that.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Boozman Calls for Better Infrastructure Investment in Rural America

    US Senate News:

    Source: United States Senator for Arkansas – John Boozman
    WASHINGTON—U.S. Senator John Boozman (R-AR) questioned U.S. Department of Transportation Secretary Sean Duffy on his plans to help rural communities in Arkansas and across the country maintain important transportation services and secure funding for critical infrastructure projects.
    The senator reiterated the importance of the Essential Air Service (EAS) and Contract Towers programs, which he has long supported for their success collaborating with private industry to serve rural residents.
    “I know you know that, coming from the part of the country that you represented,” Boozman said.
    The EAS program helps connect smaller communities to regional and national transportation hubs while the Contract Tower program, in which five Natural State airports participate, provides high quality, cost-effective and critical air traffic control services that enhance safety, improve operations and deliver significant Federal Aviation Administration cost-savings.

    Boozman additionally urged greater attention to the persistent problem rural communities face when competing for infrastructure investments.
    “The most recent census revealed that more than half of the counties across the nation saw a population decline. While rural America’s population is declining, its infrastructure remains just as vital in our interconnected communities. Urban and suburban projects are often given priority,” Boozman said.
    “You have to pay attention to it. You have to understand it. And it’s having people from rural America fight for it. I think that’s critical,” Duffy responded. “On the discretionary grants, there’s tools and help that’s offered to smaller communities to try to access additional resources, but it goes to the point that this has become so complicated. What we’re going to work on is, how can we make this process simpler?” 
    “The ability to apply is so complex, so complicated. You’re talking about spending thousands of dollars for grant writers. That’s something we’ve simply got to concentrate on. Because it does make it very, very difficult for our small communities,” Boozman said. 
    The senator also raised the benefits of adopting emerging technologies to plan, build and maintain infrastructure.
    “From advanced digital construction management systems to automated inspection tools like drones and remote sensing, these innovations can help address workforce shortages, improve project delivery and enhance safety across our transportation network,” Boozman said.
    Duffy assured the senator that he and the department are eager to embrace innovation.
    “Sometimes we’re thought of as hard hats and light-reflecting vests. I am in favor of exploring all options that can reduce our costs, increase safety. I do think we are at the cusp of a technological revolution in regard to the way that people move, and our products move. We have to get it right,” Duffy explained.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Hagerty Introduces Joel Rayburn and Michael DeSombre, Trump’s Nominees to be Assistant Secretaries of State

    US Senate News:

    Source: United States Senator for Tennessee Bill Hagerty
    WASHINGTON—Today, United States Senator Bill Hagerty (R-TN) introduced his former staffer, Joel Rayburn, President Donald Trump’s nominee to be Assistant Secretary of State for Near Eastern Affairs, and Ambassador Michael DeSombre, President Donald Trump’s nominee to be Assistant Secretary of State for East Asian and Pacific Affairs, during a Senate Foreign Relations Committee confirmation hearing.

    *Click the photo above or here to watch*
    Remarks as prepared for delivery:
    Chairman Risch and Ranking Member Shaheen, thank you for holding this important nominations hearing.
    I am honored to introduce two exceptionally qualified nominees this morning, my good friends—
    Joel Rayburn, President Trump’s nominee to be Assistant Secretary of State for Near Eastern Affairs, and
    Ambassador Michael DeSombre, President Trump’s nominee to be Assistant Secretary of State for East Asian and Pacific Affairs.
    Let me first turn to Joel.
    Joel Rayburn’s nomination comes at a pivotal time for the United States in the Middle East and North Africa.
    While there are many challenges in the region—including Iran and Hamas, Hezbollah, and other foreign terrorists organizations that Iran sponsors—our Nation also has enormous opportunities to strengthen our relationships with key Allies and partners, as the President’s trip to Middle East this week has powerfully illustrated.
    At this critical juncture, I believe no one is better qualified to be the Assistant Secretary of State responsible for this region than Joel Rayburn.
    As an avid historian who has served in a variety of leadership roles related to the Middle East, Joel is an expert in the region’s culture, its history, and the many other factors that will determine the success of our policy there.
    Joel is a proud military veteran who has shown he is committed to public service on behalf of our great Nation.
    After graduating from West Point in 1992, Joel went on to serve as an artillery and intelligence officer in the U.S. Army for over 26 years.
    During his distinguished military career, Joel was deployed to the Middle East multiple times, giving him the opportunity to hone his knowledge of the region and its languages as well as his diplomatic skills.
    From 2007 to 2011, for example, Joel worked for General David Petraeus as a strategic intelligence advisor in Iraq and Afghanistan.
    In President Trump’s first term, Joel served on the National Security Council as Senior Director for Iran, Iraq, Syria, and Lebanon.
    Joel served then as Deputy Assistant Secretary of State for Levant Affairs and, concurrently, as Special Envoy for Syria from 2018 to 2021—roles that he used to improve U.S. policy for dealing with the repressive regime of then-Syrian dictator Bashar al-Assad.
    More recently, Joel served on my Senate staff as my advisor for Middle Eastern affairs—and I was able to see firsthand just why the military and the White House trusted him so much.
    Joel’s sound advice, borne from his lifetime of focus on the region, helped me immensely—as I know it will help the State Department and the people of the United States.
    More important, I saw Joel as a wonderful father—someone with the heart and humility to pay it forward to the next generation through selfless public service.
    Joel could not be better qualified to be the next Assistant Secretary of State for Near Eastern Affairs and I urge my colleagues on this Committee to move quickly on his nomination.
    Let me now turn to another colleague and friend, Ambassador Michael DeSombre.
    I am excited that President Trump tapped Michael as his nominee to be the Assistant Secretary of State for East Asian and Pacific Affairs.
    Michael and I both served as U.S. Ambassadors in Asia during President Trump’s first term.
    The Trump Administration rightly identifies the Indo-Pacific as a top priority for U.S. foreign policy.
    This region contains 4.3 billion people—about 60 percent of the world’s population—and is responsible for almost two-thirds of global maritime trade.
    The region is also home both to some of America’s closest Allies and partners, as well as to many of our most serious threats.
    If confirmed, Michael will be at the forefront of U.S. efforts to address the significant challenges in the region while also pursuing tremendous opportunities critical to our economic prosperity and national security.
    As someone who has worked in East Asia as both a businessman and a diplomat, I speak from experience when I say Michael is the right person for this role.
    Building on his education at Stanford and Harvard in economics, law, and East Asian Studies, Michael’s significant experience in the region makes him exceptionally qualified for this role.
    As a business leader in Asia, Michael advised multinational corporations on complex cross-border transactions and worked issues related to U.S. national security.
    And as a philanthropist, Michael led initiatives focused on the education, healthcare, and protection of kids that benefitted tens of thousands of children in the region.
    In addition to his success as a businessman and philanthropist in Asia, Michael is also a successful diplomat.
    As U.S. Ambassador to Thailand during President Trump’s first term, Michael used his business background and skillset to create mutual economic opportunities that brought the American and Thai economies closer together.
    In all, Michael has spent more than two decades of his life in Asia.
    He speaks Mandarin fluently, and also is familiar with the Korean and Japanese languages.
    If confirmed, Michael will once again use his experience and knowledge to strengthen our diplomatic relationships and advance our nation’s interests in the region.
    Mr. Chairman, thank you again for the opportunity to introduce my friends and former colleagues, Joel Rayburn and Michael DeSombre, and I encourage this Committee to support their nominations.
    Thank you for your time this morning.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI: Sky Quarry Reports First Quarter 2025 Financial Results

    Source: GlobeNewswire (MIL-OSI)

    WOODS CROSS, Utah, May 15, 2025 (GLOBE NEWSWIRE) — Sky Quarry Inc. (NASDAQ: SKYQ) (“Sky Quarry” or “the Company”), an integrated energy solutions company committed to revolutionizing the waste asphalt shingle recycling industry, today announced its financial and operational results for the three months ended March 31, 2025.

    Key Financial and Operational Highlights

    • Generated $6.3 million in Q1 revenue, a 50% increase from Q4 2024.
    • Signed a Letter of Intent with R & R Solutions, the only permitted asphalt shingle recycler in New Mexico, to explore the feasibility of establishing a modular waste-to-energy site in the Southwest.
    • Executed a Letter of Intent with Southwind RAS, a leading recycler in the Midwest, to collaborate on regional facility deployment and feedstock supply.
    • Engaged TAR360 to accelerate the company’s growth trajectory, optimize internal processes, and support execution across key operational initiatives.

    Commentary by David Sealock, Chairman & Chief Executive Officer, and Darryl Delwo, Chief Financial Officer of Sky Quarry

    “We are pleased with the continued growth across our operations and the progress we’ve made in the first quarter of 2025 toward executing our waste-to-energy strategy, which is central to our mission of transforming recycled asphalt shingles into sustainably produced fuels and other valuable materials. At PR Spring, asset upgrades are nearing completion, and once commissioned, the site will activate our fully integrated production model and enable commercial-scale output.

    As part of our national expansion strategy, we signed non-binding Letters of Intent with Southwind RAS in the Midwest and R & R Solutions in the Southwest. These LOIs represent an early step in evaluating potential partnerships that could expand Sky Quarry’s geographic footprint and provide access to more than 1.5 million tons of asphalt shingle supply annually. If advanced, these relationships could unlock new revenue opportunities through facility development, expanded processing capacity, and the sale of high-value materials such as recycled liquid asphalt, blended fuels, and other products derived from waste asphalt shingles.

    We’re seeing the impact of operational improvements made in 2024 at the Foreland Refinery, with a 50% increase in revenue from Q4 2024 to Q1 2025 as output stabilized and product volumes rebounded.

    To build on this momentum, we engaged TAR360 to further optimize operations at Foreland. While we’re encouraged by recent performance gains, our shared goal is to increase throughput by up to 400% over time, scaling from our current 20,000 barrels per month to as much as 100,000. Achieving this level of production would enhance operating leverage, expand margins, and drive stronger profitability.

    With these improvements and additional efficiencies underway, we believe Foreland is positioned to play a key role in meeting growing fuel demand across the Western U.S. California’s refining capacity is expected to decline by 21% in a single year due to major facility closures, while global price spreads and supply constraints are creating price dislocations that make local refining more competitive. As market conditions continue to evolve, we are executing with purpose by scaling production, improving performance, and positioning Sky Quarry for a strong 2025.”

    Financial Results for the Three Months Ended March 31, 2025

    Total revenues for the first quarter ended March 31, 2025, were approximately $6.3 million, down from $11.0 million in the same period of 2024. This decline was primarily driven by ongoing challenges in reestablishing supply streams following the Foreland Refinery outage and refurbishment in mid-2024. In addition, lower commodity prices contributed to the decrease, with WTI crude falling from $87 per barrel in April 2024 to $71 per barrel at the end of Q1 2025.

    Gross profit for the quarter was negative $726,000, compared to a gross profit of $569,000 in the prior-year period.

    Total operating expenses increased to $1.94 million in Q1 2025, up from $1.61 million in Q1 2024, reflecting higher general and administrative costs, non-cash share-based compensation, and depreciation.

    As a result, the Company reported a net loss of $3.3 million for the first quarter of 2025, compared to a net loss of $2.5 million in the same period last year.

    Net cash used in operating activities for the three months ended March 31, 2025, was approximately $2.0 million, compared to $1.2 million for the same period in 2024.

    About Sky Quarry Inc.

    Sky Quarry Inc. (NASDAQ:SKYQ) and its subsidiaries are, collectively, an oil production, refining, and a development-stage environmental remediation company formed to deploy technologies to facilitate the recycling of waste asphalt shingles and remediation of oil-saturated sands and soils. Our waste-to-energy mission is to repurpose and upcycle millions of tons of asphalt shingle waste, diverting them from landfills. By doing so, we can contribute to improved waste management, promote resource efficiency, conserve natural resources, and reduce environmental impact. For more information, please visit skyquarry.com.

    Forward-Looking Statements

    This press release may include ”forward-looking statements.” All statements pertaining to our future financial and/or operating results, future events, or future developments may constitute forward-looking statements. The statements may be identified by words such as “expect,” “look forward to,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project,” or words of similar meaning. Such statements are based on the current expectations and certain assumptions of our management, of which many are beyond our control. These are subject to a number of risks, uncertainties, and factors, including but not limited to those described in our disclosures. Should one or more of these risks or uncertainties materialize or should underlying expectations not occur or assumptions prove incorrect, actual results, performance, or our achievements may (negatively or positively) vary materially from those described explicitly or implicitly in the relevant forward-looking statement. We neither intend, nor assume any obligation, to update or revise these forward-looking statements in light of developments which differ from those anticipated. You are urged to carefully review and consider any cautionary statements and the Company’s other disclosures, including the statements made under the heading “Risk Factors” and elsewhere in the Company’s Form 10-K as filed with the SEC on March 31, 2025. Forward-looking statements speak only as of the date of the document in which they are contained.

    Investor Relations
    Jennifer Standley
    Director of Investor Relations
    Ir@skyquarry.com

    Company Website
    www.skyquarry.com

    Sky Quarry Inc.
    Consolidated Balance Sheets
    As of March 31, 2025 and December 31, 2024
     
        March 31, 
    2025
      December 31,
    2024
             
    ASSETS        
             
    Current assets:        
    Cash   $ 213,000   $ 385,116
    Accounts receivables     1,758,159     1,123,897
    Prepaid expenses and other assets     641,427     339,124
    Inventory     2,103,379     3,149,236
    Total current assets     4,715,965     4,997,373
             
    Property, plant, and equipment     5,942,782     6,160,318
    Oil and gas properties     8,832,356     8,534,967
    Restricted cash     798,851     2,929,797
    Right-of-use asset     1,091,656     1,115,785
    Goodwill     3,209,003     3,209,003
             
    Total assets   $ 24,590,613   $ 26,947,243
    LIABILITIES AND SHAREHOLDERS’ EQUITY        
             
    Current liabilities:        
    Accounts payable and accrued expenses   $ 3,233,613     $ 4,046,319  
    Current portion of operating lease liability     81,775       38,422  
    Current portion of finance lease liability     16,626       16,120  
    Warrant liability     184,087       459,067  
    Lines of credit     2,328,127       1,260,727  
    Current maturities of notes payable     6,164,310       6,578,017  
    Total current liabilities     12,008,538       12,398,672  
             
    Notes payable, less current maturities, net of debt issuance costs     1,999,999       2,000,560  
    Operating lease liability, net of current portion     15,613       77,824  
    Finance lease Liability, net of current portion     987,018       971,690  
    Total Liabilities     15,011,168       15,448,746  
             
    Commitments and contingencies        
             
    Shareholders’ Equity:        
    Preferred stock $0.001 par value: 25,000,000 shares authorized; 0 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively     –       –  
    Common stock $0.0001 par value: 100,000,000 shares authorized: 21,260,924 and 19,027,208 shares issued and outstanding as of March 31, 2025 and December 31, 2024, respectively     2,126       1,903  
    Additional paid in capital     37,088,388       35,674,391  
    Accumulated other comprehensive loss     (209,286 )     (209,708 )
    Accumulated deficit     (27,301,783 )     (23,968,089 )
    Total shareholders’ equity     9,579,445       11,498,497  
             
    Total liabilities and shareholders’ equity   $ 24,590,613     $ 26,947,243  
    Sky Quarry Inc.
    Consolidated Statements of Operations and Comprehensive Loss
    For the Periods Ended March 31, 2025 and 2024
                     
          Three Months Ended March 31, 2025       Three Months Ended March 31, 2024
    Net sales     $ 6,332,967         $ 10,952,330  
                   
    Cost of goods sold       7,059,059           10,382,881  
    Gross Margin       (726,092 )         569,449  
                   
    Operating expenses:              
    General and administrative       1,935,457           1,607,884  
    Depreciation and amortization       2,028           1,472  
    Total Operating expenses       1,937,485           1,609,356  
                   
    Loss from operations       (2,663,577 )         (1,039,907 )
                   
    Other income (expense):              
    Interest expense       (872,468 )         (1,308,445 )
    Loss on extinguishment of debt       (85,753 )         (108,887 )
    Gain on warrant valuation       274,980           –  
    Other income (expense)       7,477           (5,306 )
    Gain on sale of assets       5,647           –  
    Other expense, net       (670,117 )         (1,422,638 )
                   
    Loss before provision for income taxes       (3,333,694 )         (2,462,545 )
                   
    Provision for income taxes       –           –  
                   
    Net loss       (3,333,694 )         (2,462,545 )
                   
    Other comprehensive income (loss)              
    Exchange gain (loss) on translation of foreign operations       422           (8,134 )
                   
    Net loss and comprehensive loss     $ (3,333,272 )       $ (2,470,679 )
                   
    Loss per common share              
    Basic and diluted     $ (0.16 )       $ (0.15 )
    Weighted average shares outstanding              
    Basic and diluted       21,264,725           16,334,862  
    Sky Quarry Inc.
    Consolidated Statements of Cash Flows
    For the Three Months Ended March 31, 2025 and 2024
     
          2025       2024  
             
    CASH FLOWS FROM OPERATING ACTIVITIES        
    Net loss   $ (3,333,694 )   $ (2,462,545 )
    Adjustments to reconcile net loss to cash used in operating activities:        
    Share based compensation     78,880       270,176  
    Depreciation and amortization     242,004       164,534  
    Amortization of debt issuance costs     765,793       1,166,227  
    Amortization of right-of-use asset     24,129       21,952  
    Gain on revaluation of warrant liabilities     (274,980 )     –  
    Loss on extinguishment of debt     56,660       108,887  
    Gain on sale of assets     (5,647 )     –  
             
    Changes in operating assets and liabilities:        
    Accounts receivable     (634,263 )     (766,259 )
    Prepaid expenses and other assets     (302,302 )     (323,750 )
    Inventory     1,045,857       203,235  
    Accounts payable and accrued expenses     373,889       371,043  
    Operating lease liability     450       21,952  
    Net cash used in operating activities     (1,963,224 )     (1,224,548 )
             
    CASH FLOWS FROM INVESTING ACTIVITIES        
             
    Proceeds from sale of assets     14,060       –  
    Purchase of exploration and evaluation assets     (297,389 )     (144,964 )
    Purchase of property, plant, and equipment     (32,881 )     (282,702 )
    Net cash used in investing activities     (316,210 )     (427,666 )
             
    CASH FLOWS FROM FINANCING ACTIVITIES        
             
    Proceeds on lines of credit     5,339,736       10,641,448  
    Payments on lines of credit     (4,272,336 )     (11,638,704 )
    Proceeds from note payable     143,237       9,820,288  
    Payments on note payable     (1,231,214 )     (5,300,608 )
    Warrants Issued (net against payment of debt issuance costs)         –  
    Debt discount on note payable         (1,970,936 )
    Payments on finance lease     (3,473 )     (19,851 )
    Proceeds on issuance of preferred stock         197,500  
    Preferred stock offering costs         (40,870 )
    Proceeds on issuance of common stock         19,492  
    Common stock offering costs         –  
    Net cash provided by (used in) financing activities     (24,050 )     1,707,755  
             
    Effect of exchange rate on cash     422       (8,134 )
             
    Increase (decrease) in cash and restricted cash     (2,303,062 )     47,407  
    Cash and restricted cash, beginning of the period     3,314,913       4,680,836  
             
    Cash and restricted cash, end of the period   $ 1,011,851     $ 4,728,243  

    The MIL Network –

    May 16, 2025
  • MIL-OSI USA: Kaptur Stands Up for Military Children

    Source: United States House of Representatives – Congresswoman Marcy Kaptur (OH-09)

    Washington, DC – This week, Congresswoman Marcy Kaptur (OH-09) introduced the Care for Military Kids Act, a bipartisan bill to ensure that children of active duty servicemembers who are required to relocate for a deployment maintain their Medicaid coverage when moving across state lines. Specifically, this legislation would amend the Social Security Act to ensure that any dependent of an active duty servicemember currently receiving long-term care services through a state administered Medicaid plan will remain eligible should their family move due to relocation.

    This bill was introduced alongside Congresswoman Jen Kiggans (VA-02) and is endorsed by the National Center for Learning Disabilities, Blue Star Families, Partners in PROMISE, The Learning Disabilities Association of America, Tricare for Kids Coalition, and Easterseals, Inc.

    “Our servicemembers give so much to this nation, and sacrifice so much. This includes being far from home and loved ones, while frequently relocating due to their assignments. Which is why this May, during Military Appreciation Month, I am once again honored to reintroduce this crucial bipartisan legislation for our military families alongside Congresswoman Kiggans,” said Congresswoman Marcy Kaptur (OH-09). “The Care for Military Kids Act seeks to establish streamlined Medicaid and CHIP plans for these heroes and their families, regardless of where their service takes them. It is crucial that we get this bipartisan effort to address the needs of our military community and their families across the finish line. By providing clarity and consistency in residency determinations, we can ensure that our brave men and women in uniform, and their children receive the full support, and care they deserve.”

    “As a Navy veteran and Mom of four, I understand firsthand the unique sacrifices military families make – especially those raising children with disabilities,” said Congresswoman Jen Kiggans (VA-02). “The Care for Military Kids Act ensures that no servicemember has to choose between answering the call of duty and making sure their child receives essential, life-sustaining care. This bipartisan bill is about fairness, dignity, and honoring the commitment we’ve made to support our military families, no matter where they’re stationed.”

    “The Care for Military Kids Act represents a vital advancement in ensuring continuity of care for military children with complex medical needs,” said Kathy Roth-Douquet, CEO, Blue Star Families. “By standardizing state Medicaid residency requirements and maintaining waitlist positions across relocations, this legislation addresses a critical and long-standing gap in support for military families. We commend Congresswomen Kiggans and Kaptur for their leadership and commitment to those who serve our nation.”

    “Medicaid plays a vital role in ensuring that students with disabilities have access to critical services and supports needed in school and educational settings,” said Cindy Cipoletti, Esq., CEO, The Learning Disabilities Association of America. “Our nation’s military families should not have to endure any disruption to these essential services simply because they relocate to another state in service to their country. Thank you to Representatives Kiggans and Kaptur for introducing this important legislation.”

    “Partners in PROMISE is grateful for the leadership of Rep. Kiggans and Rep. Kaptur for their bipartisan efforts in introducing the Care for Military Kids Act,” said Michelle Norman, Executive Director and Founder. “This important provision will allow military families to retain critical healthcare services for their children with disabilities offered through Medicaid Waivers. Currently, military families are making tough choices—either living apart to keep their support or going without essential medical services to stay together. With this bill, we are investing in stronger military families, and as a result, a strong and ready military.”

    Background:

    You can find the full bill text here.

    You can find a one pager on this bill here.

    • People with disabilities often need long-term care services that help with everyday activities, such as eating, walking, medical equipment management, and more.
    • Medicaid is the only government program that covers long-term care services for children with disabilities.
    • TRICARE does not cover long term care services, meaning children with disabilities covered by TRICARE cannot receive the care they need.
    • Military families often apply for Medicaid to cover these services. However, most military families are not eligible for Medicaid due to their income level, but can apply and be placed on a waitlist. Even those who do qualify are sent to the bottom of the waitlist when their parents who are active duty move to a new state.
    • The Care for Military Kids Act will ensure that our servicemembers’ children get the critical care they need by amending the Social Security Act to ensure that any dependent of an active duty servicemember currently receiving long-term care services through a state administered Medicaid plan will remain eligible should their family move due to relocation.

     

    # # #

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Duckworth Presses FAA Officials on What the Agency is Doing Right Now to Prevent Even More Failures Like Recent Newark ATC Blackouts

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    May 14, 2025
    [WASHINGTON, D.C.] – Former Blackhawk helicopter pilot and U.S. Senator Tammy Duckworth (D-IL)—a member of the U.S. Senate Committee on Commerce, Science and Transportation (CST) and Ranking Member of the Aviation Subcommittee—today pressed top FAA officials on what the agency is doing right now to prevent further failures like the ongoing situation at Newark Airport from happening at other airports across the country, in addition to addressing the urgent need to update our air traffic control systems over the long term. The Senator’s opening statement and questioning can be found on her YouTube.
    “The deadly DCA crash, spike in near misses and recent air traffic control equipment outages impacting Newark have been terrifying, but they are not surprising,” said Duckworth. “I’ve been sounding the alarm about close calls and aging equipment for years—because the urgent need to overhaul our air traffic control systems, which will take years, has been so clear for so long. But in addition to that long-term overhaul, right now FAA must ramp up their efforts to proactively mitigate foreseeable risks—like what’s happening at Newark Airport or the recent near-misses at DCA.”
    Additionally, Duckworth slammed the Trump Administration’s drastic cuts to FAA staff—with 700 employees reportedly having accepted FAA’s first deferred resignation offer and more than 2,000 projected to accept it in a second round—for being detrimental to the agency’s mission of protecting the flying public. Duckworth stressed, “Acting FAA Administrator Rocheleau said he expects a further reduction in force. We’ve been told the administration isn’t terminating air traffic controllers or others who are critical for safety—but FAA’s mission is literally safety. How do they think firing thousands of dedicated employees is going to help FAA meet this safety-critical moment?”
    For years—long before the deadly DCA crash—Duckworth has been sounding the alarm that we must make these critical aviation safety investments immediately to prevent all-too-often near-misses from becoming catastrophic tragedies. Last Congress, Duckworth chaired two CST Aviation Subcommittee hearings—one last December and the other a year prior—to address our aviation industry’s chilling surge in near-deadly close calls and underscore the urgent need to improve air traffic control systems to protect the flying public.
    As our nation continues to experience an air traffic controller shortage amid multiple near-misses, midair collisions and communication outages, Duckworth has underscored how critical it is that the FAA does not sacrifice effectiveness in favor of efficiency by lowering its longstanding high standards that new controllers must meet. Two weeks after the horrific DCA aircraft collision that killed 67 passengers and crew, the Trump Administration began firing hundreds of FAA employees. Last month, Duckworth sent a letter to FAA Acting Administrator Rocheleau on the reasoning behind these cuts to the workforce.
    -30-

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Duckworth Slams Republicans for Undermining the Implementation of Bipartisan PACT Act to Expand VA Care for Veterans

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    May 15, 2025
    [WASHINGTON, D.C.] – Today, combat Veteran and U.S. Senator Tammy Duckworth (D-IL) slammed Congressional Republicans for continuing to enable Donald Trump’s harmful cuts to VA services and its workforce, undermining the VA’s ability to keep up with new demand for care and benefits for our nation’s Veterans under the bipartisan PACT Act. During her remarks at a forum today, Duckworth called out Republicans for defending Trump slashing our VA while failing to exercise their own oversight and accountability for the proven deterioration of PACT Act implementation since Donald Trump returned to office. Duckworth’s remarks can be found on the Senator’s YouTube.
    “The PACT Act was a historic, overwhelmingly bipartisan victory that changed millions of Veterans’ lives,” said Senator Duckworth. “But just like other critical services for our Veterans, Donald Trump has taken a sledgehammer to PACT Act care and benefits as well as the dedicated workforce that provides these services for our nation’s heroes. Meanwhile, instead of holding Trump accountable for the damage done to Veterans as these cuts continue to delay services and care, Republicans are wasting time pointing fingers and placing blame on literally anyone else except Donald Trump. If Republicans really cared about our Veterans, they’d grow a spine and condemn these cuts immediately.”
    Duckworth has been a fierce leader and advocate for Veterans and the VA staff who serve them in the wake of the disastrous Trump-Musk layoffs. Recently, Duckworth slammed a senior official from the VA after he failed to publicly commit to rehiring VCL workers who were wrongfully fired in Trump-Musk layoffs. After the first VA purge laid off workers with the VCL—including several Veterans—Duckworth successfully pushed the Trump Administration to reinstate these devoted public servants that work to support our Veterans in their darkest moments.
    Additionally, Duckworth and U.S. Senator Andy Kim (D-NJ) are leading the push for the Protect Veteran Jobs Act, legislation that would reinstate the thousands of Veterans who were fired in the Trump-Musk layoffs. Duckworth and Kim subsequently introduced their legislation as an amendment to Republicans’ slush fund continuing resolution. Republicans shamefully blocked it from passing.
    -30-

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Bipartisan Duckworth-Daines-Cruz-Hirono Bill to Better Protect Parents Traveling with Breast Milk Passes Senate

    US Senate News:

    Source: United States Senator for Illinois Tammy Duckworth
    May 15, 2025
    [WASHINGTON, D.C.] – Bipartisan legislation led by U.S. Senator Tammy Duckworth (D-IL) to make it easier for parents to safely embark on air travel with breast milk and breastfeeding supplies successfully passed through the U.S. Senate. Senator Duckworth’s Bottles and Breastfeeding Equipment Screening (BABES) Enhancement Act—co-led by U.S. Senators Steve Daines (R-MT), Ted Cruz (R-TX) and Mazie K. Hirono (D-HI)—would require the Transportation Security Administration (TSA) to clarify and regularly update guidance on handling breast milk, baby formula and other related nutrition products, including ice packs, in consultation with leading maternal health groups.
    “After pushing for this for years, I’m proud the Senate passed this long overdue legislation that would make it easier for new moms to travel with their breast milk and the breastfeeding equipment they need to pump and feed their babies,” said Senator Duckworth. “I’ll continue to keep pushing this legislation forward to ensure the TSA keeps its employees up to speed on their own policies and updates those policies as necessary. It’s the least we can do to help parents travel through airports with the dignity and respect they deserve.”
    “Moms have a tough job, and we should be doing everything we can to support them,” said Senator Daines. “The last thing mothers should have to worry about is safely transporting breast milk and formula while traveling, so I’m glad to see the bipartisan BABES Enhancement Act pass the Senate. Supporting moms and families will always be my top priority, and I look forward to getting this bill across the finish line.”
    “Traveling with infants and young children can be challenging enough, but inconsistencies with TSA screening can cause serious hassles for mothers who need to keep their children fed and happy,” said Senator Cruz. “I am proud to have joined Sen. Duckworth in championing the BABES Enhancement Act, a common-sense update to the TSA’s guidance for handling liquids that will reduce inconveniences for families flying across America.”
    “I am proud to see the BABES Enhancement Act pass the Senate to help ensure that families can travel with peace of mind that milk and other supplies to keep young children fed are handled with care,” said Senator Hirono. “Parents have enough to worry about when traveling and shouldn’t have to fear being harassed, humiliated, or put in danger for simply traveling with materials they need to keep their babies fed.”
    The bipartisan BABES Enhancement Act would help keep breastfeeding parents and their kids safe and healthy while traveling by air. Mishandled breast milk can become contaminated, which puts children at risk. Moreover, parents who lactate typically need to breastfeed or pump once every few hours. Failure to do so can result in a clogged milk duct or a painful infection called mastitis. The legislation would better protect families by requiring TSA to:
    Issue guidance promoting the hygienic handling of any breast milk, baby formula and other infant nutrition products, as well as accessories required to preserve these products;
    Consult with nationally recognized maternal health organizations in establishing and communicating this guidance; and
    Update guidance every five years to respond to emerging needs of parents and to account for developments in technology.
    This legislation would also direct an independent government watchdog to conduct an audit of compliance with TSA screening policies for passengers traveling with breast milk and other infant nutrition products, providing lawmakers with information related to violations of policies.
    A copy of the bill text is available on Senator Duckworth’s website.
    Duckworth has been a strong advocate in ensuring moms receive the dignity and respect they deserve while traveling. Last year, the bipartisan BABES Enhancement Act was passed unanimously by the U.S. Senate. In 2022, Duckworth pressed TSA Administrator David Pekoske for improved treatment of new mothers and Americans with disabilities from employees of the TSA. That same year, Duckworth also called on TSA to address inconsistent implementation of the 3-1-1 Liquids Rule Exemption travel policy for breast milk and formula at airport security checkpoints as well as ensure new moms and their infants can travel safely without fear of harassment.
    Duckworth has also championed several policies that help make air travel easier for new moms. Her bipartisan Friendly Airports for Mothers (FAM) Improvement Act, which was signed into law in 2020, is helping ensure our small airports across the country support new moms and promote breastfeeding-friendly environments. The legislation builds on Duckworth’s success in enacting a law that ensures all large and medium airports provide a clean, private space where moms can breastfeed or pump. As a result of her legislation, O’Hare and Midway Airports both installed free-standing lactation pods.
    -30-

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI: Westport Publishes Annual General and Special Meeting Results

    Source: GlobeNewswire (MIL-OSI)

    VANCOUVER, British Columbia, May 15, 2025 (GLOBE NEWSWIRE) — Westport Fuel Systems Inc. (“Westport” or the “Company”) (TSX:WPRT / Nasdaq:WPRT), today held its Annual General and Special Meeting of Shareholders (the “Meeting”) in a virtual format. Shareholders approved all resolutions presented at the meeting including the election of all nominated directors for the ensuing year, the appointment of KPMG LLP as the Company’s auditors for the fiscal year, the advisory vote on executive compensation, and the sale of Westport Fuel Systems Italia S.r.l in accordance with the terms of the sale and purchase agreement dated as of March 30, 2025.

    A summary of the results are as follows:

    Resolution Outcome
    of Vote
    Percentage of
    Votes For
    Percentage of
    Votes
    Withheld/Against
           
    Election of Directors      
    Michele Buchignani Approved 81.22% 18.78%
    Anthony Guglielmin Approved 87.16% 12.84%
    Daniel M. Hancock Approved 61.47% 38.53%
    Daniel Sceli Approved 91.10% 8.90%
    Karl-Viktor Schaller Approved 61.28% 38.72%
    Eileen Wheatman Approved 81.43% 18.57%
           
    Appointment of Auditors Approved 93.83% 6.17%
           
    Executive Compensation      
    (Advisory Vote) Agree 52.87% 47.13%
           
    Sale of Westport Fuel Systems Italia S.r.l Approved 83.38% 16.62%


    About Westport Fuel Systems

    At Westport Fuel Systems, we are driving innovation to power a cleaner tomorrow. We are a leading supplier of advanced fuel delivery components and systems for clean, low-carbon fuels such as natural gas, renewable natural gas, propane, and hydrogen to the global transportation industry. Our technology delivers the performance and fuel efficiency required by transportation applications and the environmental benefits that address climate change and urban air quality challenges. Headquartered in Vancouver, Canada, with operations in Europe, Asia, North America, and South America, we serve our customers in approximately 70 countries with leading global transportation brands. At Westport Fuel Systems, we think ahead. For more information, visit www.wfsinc.com.

    Investor Inquiries:
    Investor Relations
    T: +1 604-718-2046
    E: invest@wfsinc.com

    The MIL Network –

    May 16, 2025
  • MIL-OSI: Calfrac Announces Voting Results of Election of Directors

    Source: GlobeNewswire (MIL-OSI)

    CALGARY, Alberta, May 15, 2025 (GLOBE NEWSWIRE) — Calfrac Well Services Ltd. (“Calfrac”) (TSX–CFW) is pleased to announce the voting results of the election of directors at its annual meeting of shareholders held today. Each of the nominees proposed as a director were elected as directors to hold office until the next annual meeting of shareholders, or until their successors are elected or appointed. Detailed results of the voting for each nominee are set out below, and the full results on all matters voted upon at the meeting will be filed on Calfrac’s profile on SEDAR+ (www.sedarplus.ca).

    Nominee Votes For Votes Against
    Number % Number %
    Ronald P. Mathison 65,434,357 99.65 228,492 0.35
    Douglas R. Ramsay 65,447,107 99.67 215,742 0.33
    George S. Armoyan 63,552,876 96.79 2,109,973 3.21
    Anuroop Duggal 60,951,751 92.83 4,711,098 7.17
    Charles Pellerin 61,770,588 94.07 3,892,261 5.93
    Chetan Mehta 65,638,359 99.96 24,490 0.04
    Holly A. Benson 65,621,974 99.94 40,875 0.06

    Calfrac’s common shares are publicly traded on the Toronto Stock Exchange under the trading symbol “CFW”.

    Calfrac provides specialized oilfield services to exploration and production companies designed to increase the production of hydrocarbons from wells with continuing operations focused throughout North America and Argentina. The Company executes on its brand promise of “Do It Safely, Do It Right, Do It Profitably” to generate long-term, sustainable returns for its shareholders.

    Further information regarding Calfrac Well Services Ltd., including the most recently filed Annual Information Form, can be accessed on Calfrac’s website at www.calfrac.com or under the Company’s public filings found at www.sedarplus.ca. For further information on this press release, please contact:

    Michael Olinek
    Chief Financial Officer
    (403) 234-6673
    Suite 500, 407 – 8 Avenue S.W.
    Calgary, Alberta, Canada T2P 1E5

    Website: www.calfrac.com

    The MIL Network –

    May 16, 2025
  • MIL-OSI USA: Congresista Ramirez Leads 109 Members to Protect the Constitutional Right to Birthright Citizenship

    Source: United States House of Representatives – Representative Delia Ramirez – Illinois (3rd District)

    Washington, DC —  Today, Congresswoman Delia C. Ramirez (IL-03), proud daughter of immigrants and citizen by birthright, introduced legislation to block the implementation of President Trump’s unconstitutional Executive Order that illegally and unconstitutionally seeks to end citizenship for children born in the United States. The Born in the USA Act is co-led by a coalition of Members of Congress that includes the Hispanic Caucus Chair Adriano Espaillat (NY-13), Asian Pacific American Caucus Chair Grace Meng (NY-06), Black Caucus Chair Yvette Clarke (NY-09), Judiciary Committee Ranking Member Jamie Raskin (MD-08), and Derek Tran (CA-45)

    The legislation prohibits any government funds from being appropriated or used to carry out President Donald Trump’s unconstitutional and illegal Executive Order 14160, “Protecting the Meaning and Value of American Citizenship.”

    “Trump has posed the question of who gets to be an American. The fact is that every citizen not naturalized in this country is a citizen by birthright. And it is important to remember that our nation’s history would not be complete without the children of immigrants who, like me, are citizens by birthright and pride themselves on being AMERICANS, said Congresswoman Ramirez.” I am both a daughter of immigrants and the daughter of America;  a proud Chapina and an American by birthright. It is my honor to lead 109 members of Congress to ensure not a single dollar goes to Trump’s illegal, unconstitutional attempt to undermine our Constitution, our rights, our liberties, and the soul of our nation.” 

    “Protecting birthright citizenship from Donald Trump’s reckless executive order is our duty, not only as Democrats, but as Americans,” said CHC Chair Adriano Espaillat. “The Fourteenth Amendment was forged in the ashes of the Civil War and refined through 150 years of jurisprudence. No president can change it by executive order, and Trump’s shameless attempt to do so is a grave threat to the very ideals of our nation and of a binding Constitution. Unilaterally modifying the highest law in the land is antithetical to our American values, and we will continue to fight these heinous actions by an administration that seeks to redefine what we, as a nation, stand for.”

    “Birthright citizenship is enshrined in the Constitution and has been affirmed by the Supreme Court numerous times — including in the landmark United States v. Wong Kim Ark decision — yet President Trump is determined to overrule this century-old precedent and eliminate one of the most common pathways for Asian Americans and Pacific Islanders to become U.S. citizens,” said Rep. Grace Meng, Chair of the Congressional Asian Pacific American Caucus. “Not on our watch. I am proud to introduce the Born in the USA Act with my colleagues to stand up for American values and stand against this unconstitutional executive overreach.”

    “Birthright citizenship has been the law of the land since 1868, when the 14th Amendment overturned Dred Scott and established equal citizenship by birth,” said Ranking Member Jamie Raskin. “Donald Trump cannot erase the parts of the Constitution he doesn’t like or decide who counts as an American by executive order. The Born in the USA Act will ensure that no taxpayer dollars are used to enforce this unlawful order, which would compel federal agencies, from the State Department to the Social Security Administration, to deny or question U.S. citizenship for children born on American soil, thereby undermining a fundamental constitutional right that has defined our nation since the Civil War.”

    “For over 140 years, birthright citizenship has been a cornerstone of American law and culture,” said Rep. Derek Tran. “We have always been a nation of immigrants–my own parents came to this country as refugees, and I gained citizenship through the birthright principle. So many people across the country share my story and have enriched our nation in countless ways as productive members of American society. I’m proud to stand with my colleagues in introducing the Born in the USA Act to protect birthright citizenship and ensure that all those born on U.S. soil are awarded the Constitutional protections they deserve.”

    The bill is cosponsored by Congressmembers Raja Krishnamoorthi (IL-08), Eleanor Holmes Norton (DC-AL), Juan Vargas (CA-52), Shri Thanedar (MI-13), Rashida Tlaib (MI-12), Henry Johnson (GA-04), Jasmine Crockett (TX-30), Alexandria Ocasio-Cortez (NY-14), Linda T. Sánchez (CA-38), Becca Balint (VT-AL), Jesús G. “Chuy” García (IL-04), Madeleine Dean (GA-05), Nikema Williams (GA-05), André Carson (IN-07), Lateefah Simon (CA-12), James P. McGovern (MA-02), Sylvia R. Garcia (TX-29), Ritchie Torres (NY-15), Jonathan L. Jackson (IL-01), Nydia M. Velázquez (NY-07), Mary Gay Scanlon (PA-05), Sheila Cherfilus-McCormick (FL-20), Yassamin Ansari (AZ-03), Robert Garcia (CA-42), Bonnie Watson Coleman (NJ-12), Dan Goldman (NY-10), Maxwell Frost (FL-10), Paul D. Tonko (NY-20), Darren Soto (FL-09), Dave Min (CA-47), Mark Pocan (WI-02), Bennie G. Thompson (MS-2), Andrea Salinas (OR-06), Sydney Kamlager-Dove (CA-37), LaMonica McIver (NJ-10), Pramila Jayapal (WA-07), Dina Titus (NV-01), Ilhan Omar (MN-05), Gabe Amo (RI-01), John Garamendi (CA-08), Sarah McBride (DE-00), Nanette Barragán (CA-44), Stephen Lynch (MA-08), Angie Craig (MN-02), Summer L. Lee (PA-12), Greg Casar (TX-35), Jan Schakowsky (IL-09), Chellie Pingree (ME-01), Gilbert R. Cisneros (CA-31), Maxine Dexter (OR-03), Jill Tokuda (HI-02), Salud Carbajal (CA-24), Emanuel Cleaver (MO-05), Steve Cohen (TN-09), Gregory W. Meeks (NY-05), Luz Rivas (CA-29), Brad Sherman (CA-32), Wesley Bell (MO-01), Brendan Boyle (PA-02), Ayanna Pressley (MA-07), Robin L. Kelly (IL-02), Frederica S. Wilson (FL-24), Ro Khanna (CA-17), Timothy M. Kennedy (NY-26), Troy Carter (LA-02), Zoe Lofgren (CA-18), Josh Gottheimer (NJ-05), Gabe Vasquez (NM-02), Ted W. Lieu (CA-36), Robert J. Menendez (NJ-08), Shontel M. Brown (OH-11), Sara Jacobs (CA-51), Jennifer L. McClellan (VA-04), Kevin Mullin (CA-15), Greg Stanton (AZ-04), Veronica Escobar (TX-16), Julie Johnson (TX-32), Brittany Pettersen (CO-07), Janelle S. Bynum (OR-05), Mikie Sherrill (NJ-11), Teresa Leger Fernandez (NM-03), Mark Takano(CA 39), Glenn Ivey (MD-04), Jerrold Nadler (NY-12), Pablo José Hernández (PR-00), Sam Liccardo (CA-16), Eric Swalwell (CA-14), Al Green (TX-09), Raul Ruiz (CA-25), Joaquin Castro (TX-20), Emily Randall (WA-06), Judy Chu (CA-28), Danny Davis (IL-07), Lauren Underwood (IL-14), Valerie Foushee (NC-04), Debbie Dingell (MI-06), Terri A. Sewell (AL-07), Laura Friedman (CA-30), Betty McCollum (MN-04), Morgan McGarvey (KY-03), Julia Brownley (CA-26), Marc Veasey (TX-33), Suzanne Bonamici (OR-01).

    The legislation also counts with the support of local and national organizations, including American Civil Liberties Union (ACLU), National Immigration Law Center (NILC), Stop AAPI Hate, FWD.us, Center for American Progress (CAP), OCA-Asian Pacific American Advocates, National Immigrant Justice Center (NIJC), Japanese American Citizens League (JACL), Asian Americans Advancing Justice (AAJC), Illinois Coalition for Immigrant and Refugee Rights (ICIRR), Center for Law and Social Policy (CLASP), African Communities Together, Haitian Bridge Alliance, Immigration Hub, and UndocuBlack. 

    The Born in the USA Act is a companion to S.646, introduced in the Senate by Senator Jacky Rosen (D-NV). 

    Text of the bill, CLICK HERE. 

    BACKGROUND:

    On January 29, 2025, Donald Trump signed Executive Order 14160, Protecting the Meaning and Value of American Citizenship. The executive order illegally and unconstitutionally seeks to undermine the constitutional right to birthright citizenship. 

    The 14th Amendment guarantees that all people born in the U.S. are U.S. citizens. In the 1898 United States v. Wong Kim Ark case, the Supreme Court affirmed that the 14th Amendment protects the birthright citizenship of all children born in the country, including those from undocumented parents.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Salinas, Guthrie, Hoyle, Merkley, Daines Champion Bipartisan Bill to Train Next Generation of Wildland Firefighters

    Source: US Representative Andrea Salinas (OR-06)

    Washington, DC – Today, U.S. Representatives Andrea Salinas (D-OR), Brett Guthrie (R-KY), and Val Hoyle (D-OR) – along with U.S. Senators Jeff Merkley (D-OR) and Steve Daines (R-MT) – reintroduced the bipartisan, bicameral Civilian Conservation Center Enhancement Act. This legislation directs the U.S. Department of Agriculture (USDA) and the U.S. Department of the Interior (DOI) to offer specialized training, specifically wildland firefighter training, to Job Corps Civilian Conservation Center students. This would create a pipeline for young people to enter into careers fighting fires and caring for public lands.

    “Wildfires are getting bigger, more dangerous, and more destructive every year due to climate change. That also means the need for more skilled wildland firefighters is greater than ever before,” said Rep. Salinas. “The bipartisan Civilian Conservation Center Enhancement Act would break down barriers and give the U.S. Forest Service more tools to grow its firefighting workforce. It’s a commonsense bill that will keep our communities safe from deadly blazes, and at the same time, create more job opportunities for Oregonians.” 

    “Wildland firefighters, in Kentucky and across the country, play an essential role in improving forestry management practices, preventing wildfires, and battling them when they occur to minimize damage to life and property,” said Rep. Guthrie. “I am proud to join my colleagues in reintroducing the Civilian Conservation Center Enhancement Act to expand training for wildland fire, forestry, and rangeland management at Civilian Conservation Centers. These educational programs, such as the one at Great Onyx Job Corps, are essential to maintaining and improving the health of American forests.” 

    “As wildfires grow more frequent and more intense, the Civilian Conservation Center Enhancement Act would help us meet the moment by preparing young people for careers in forest management and wildfire prevention,” said Rep. Hoyle. “With a center located in Yachats, Oregon, this bill strengthens local opportunities while protecting our communities and public lands. It’s about safety, sustainability, and building a skilled, resilient workforce.”

    “As climate chaos makes our wildfire seasons longer and hotter, it’s essential that we have enough wildland firefighters and trained support staff available to take on these dangerous blazes and protect our communities,” said Sen. Merkley. “The Job Corps Civilian Conservation Centers’ training efforts have built a pipeline for talented young people to develop skills that can grow into careers. By investing in these programs, we can reduce wildfire risks, strengthen our public lands workforce, and offer valuable job training that supports the next generation of conservation and fire professionals in Oregon and across the United States.”

    “Montana and many states across the west face devastating wildfire seasons year after year. This legislation will invest in our Montana Job Corps Centers so that more students have access to the top-notch training and resources they need to enter the workforce as our next wildland firefighters. I’m proud to work with a bipartisan group of my colleagues to keep our communities safe from catastrophic wildfires and invest in the next generation,” said Sen. Daines.

    The Job Corps is the nation’s largest job training and education program for students from 16 to 24 years of age. The U.S. Forest Service operates 24 Civilian Conservation Centers (CCCs) nationwide under this program—including three in Oregon and two in Montana—which are proving vital in the fight to protect national forests and grasslands from wildfires. In 2023, Job Corps students did work equating to an estimated $13.5 million when they constructed and maintained buildings, built trails, enhanced wildlife habitat, restored watersheds, and treated more than 30,000 acres for hazardous fuels reduction nationwide. During the 2024 fire season, CCC youth across the country completed 205,882 hours of work on wildland firefighting efforts and prescribed burns to reduce hazardous fuels and the risk of catastrophic wildfire, and 11,410 hours on other fire management support functions, including providing meals through mobile kitchens. 

    The Civilian Conservation Center Enhancement Act would further strengthen this critical program by setting a goal for both the USDA and the DOI to hire 300 students a year and providing direct hire authority specific to CCC graduates to expedite that process. It would also create a pilot program to use students at CCCs to address the lack of workforce housing for wildland firefighters.

    This bipartisan, bicameral legislation is cosponsored by U.S. Senators John Hickenlooper (D-CO), Angus King (I-ME), Tammy Baldwin (D-WI), and Ron Wyden (D-OR). The National Job Corps Association, National Federation of Federal Employees, Wildland Firefighter Foundation, and Western Fire Chiefs Association have endorsed the bill.

    To read the full text of this legislation, click here.

    ###

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: McClellan Joins SEEC Energy and Commerce Members to Slam Republicans’ Attack on American Health and Affordability

    Source: United States House of Representatives – Congresswoman Jennifer McClellan (Virginia 4th District)

    This week, Congresswoman Jennifer McClellan (VA) joined House Sustainable Energy and Environment Coalition (SEEC) members on the House Energy and Commerce Committee, slamming House Republicans’ obscene budget reconciliation plan to gut life-saving pollution reduction programs, raise Americans’ electricity bills, cut off critical support for high-tech American manufacturing, and legalize corruption for oil and gas companies. These members included SEEC Co-Chairs Reps. Doris Matsui (CA) and Paul Tonko (NY) and were joined by their fellow SEEC colleagues Reps. Nanette Barragán (CA), Kathy Castor (FL), Yvette Clarke (NY), Debbie Dingell (MI), Kevin Mullin (CA), Alexandria Ocasio-Cortez (NY), Scott Peters (CA), Kim Schrier (WA), and Darren Soto (FL). 

    “I know the Trump Administration and some of my colleagues on the other side of the aisle don’t like the word environmental justice, but what environmental justice is designed to do is recognize that there are communities in this country — white, black, low-income, urban and rural — where energy projects were put in place with no input from the community, where the people didn’t have the resources to fight back or even knew what was happening,” said Congresswoman McClellan. “These are the same communities that have some of the poorest health outcomes in the country. We should want to help address centuries of injustice and invest in those communities, but this bill guts those programs altogether – that’s not justice.”

    “Republicans’ reconciliation bill is a shameless sell-out to corporations at the expense of hard-working Americans’ health and prosperity,” said Congresswoman Matsui. “This bill eliminates and defunds pollution protections and pollution reduction programs that my constituents rely on, illegally and insidiously clawing back funding that is already supporting projects in communities across this country. In my district, La Familia Counseling Center was poised to do transformative work with their Community Change Grant—but Republicans are gutting that progress to pay for tax breaks for their billionaire friends. As if that weren’t enough, Republicans’ bill contains a shocking and outrageous attempt to legalize corruption for oil and gas companies, allowing polluting corporations to simply buy all the permits they need to build a pipeline through American communities, no questions asked. This kind of bribery is how dictatorships operate. This is not how America works. We cannot allow this egregious corruption to become law.”

    “My Republican colleagues claim they are going after the clean energy programs that are, in their words ‘reckless’ and favor ‘wokeness over sensible policy,’” said Congressman Tonko. “Which programs are those? Is it the $12 million in unobligated funds to reduce air pollution in schools? How about DOE money to train contractors to retrofit people’s homes? What about money to upgrade our ports with the latest and greatest technologies? These are just a few examples of commonsense investments that are being targeted today that are creating American jobs and deploying new technologies that will indeed reduce pollution. And when you start to list them out, you can see how ridiculous this proposal is. But why on Earth would Republicans be doing this? Well, we know these funds will be used to partially offset yet another round of tax cuts, the benefits of which will overwhelmingly go to the wealthiest.”

    “Republican cuts to environmental justice grants will directly harm the health of our communities,” said Congresswoman Barragán. “Medicaid helps many access and afford health care in vulnerable communities with clean air and water challenges. Yet, Republicans have proposed the largest Medicaid cut in history. It’s all connected and Republicans want to go backward on the environment and health care access.”

     “You should hold on to your wallets, because House Republicans are coming after your electric bills to pay for a massive tax giveaway to billionaires like Elon Musk,” said Congresswoman Castor. “Because let’s face it, American families are being financially squeezed right now – especially my neighbors in Florida still struggling to rebuild from Hurricanes Helene and Milton. Utility companies in at least 19 states have hiked rates as much as $40 per month since the Trump administration began. Republicans have not brought forth a single bill to lower energy costs for hardworking American families. Instead, what they’re offering today is a handout to big oil companies and polluters and the impact will be to raise your electric bill.” 

    “There’s nothing and no one House Republicans won’t betray just to fund obscene tax breaks for their wealthy donors,” said Congresswoman Clarke. “By taking an axe to the critical programs Americans rely on to protect them from the climate crisis, reduce pollution, and keep energy affordable, our colleagues across the aisle have once again proven they are incapable of putting the needs of their communities above the demands of their billionaire puppet masters.”

    “What this bill does is create total chaos for the auto industry in repealing EPA’s emission standards for light and medium-duty vehicles and NHTSA’s corporate average fuel economy standards. What the domestic auto industry needs now more than anything is certainty. My priority is to protect American jobs, maintain our competitive edge in automotive manufacturing, ensure the United States leads in technology and innovation, and that we cede our leadership to nobody,” said Congresswoman Dingell. “Our policies must reflect the priorities on the ground, prioritize consumer choice and offer a practical, ambitious path forward. To remain competitive, the US must align with the global shift towards hybrids, electric vehicles, and down the road, who else knows what other technology. Here’s a fact. The global marketplace wants electric vehicles and I will be damned if I let China beat us in that market.”

    “Republicans are ramming through a disastrous, ugly budget bill that is going to cause widespread harm to Americans and our environment. Why? So they can give massive tax cuts to billionaires, corporations, and oil companies. Republicans want to strip health care away from over 13.7 million Americans who rely on Medicaid, which will raise prices for the privately insured too,” said Congressman Mullin. “The bill also cuts funding for clean energy innovation while allowing oil and gas companies to buy their way out of having to follow environmental laws. This will stagnate American progress in developing affordable, sustainable solutions to meet our energy needs. This isn’t efficiency, it’s cruelty and Republicans are making it clear that they don’t care about raising costs for working families.”

    “In my time here in Congress, I have participated in investigations of large corporations that have poisoned communities across the country. A lot of times, these communities were poisoned due to large corporations that were exploiting corrupt loopholes in the law in order to poison the most vulnerable communities in America,” said Congresswoman Ocasio-Cortez. “And I deeply fear that there is a loophole and similar provision in this bill. This bill allows gas companies to pay $1 million in order for their project to bypass the traditional permitting process. In fact, this bill allows natural gas pipeline projects to pay a fee of $10 million to cut the line and bypass the normal permitting process. Allowing massive corporations to simply cut a check to bypass the very real reasons why permitting exists in the first place, poses a deep and grave danger to people across the country.”

    “Last Congress, my Republican colleagues were insistent that we should have an all-of-the-above energy strategy, one that leveraged our natural resources, unleashed American innovation, and cut through bureaucratic red tape,” said Congressman Peters. “Which is why I am confused that we are considering a reconciliation bill that picks winners and losers, and elevates expensive, outdated, and inefficient sources like coal over cheap American-made energy like solar, wind, and storage. Why does this bill provide government-backed insurance to coal plants, as the President of the United States single-handedly kills hundreds, if not thousands, of clean energy jobs across the country by illegally targeting projects and weaponizing the permitting process?” 

    “This bill completely bypasses communities and landowners, and these ‘pay-to-play’ provisions put not just a thumb but an entire arm, maybe a body on the scale favoring oil and gas,” said Congresswoman Schrier. “It’s giant corporations like Shell, BP, Chevron. They’re the ones that have the wherewithal to pay to bypass all permitting requirements. This bill is more of the ‘drill baby drill’ agenda that we hear every week from our Republican colleagues. I’m all for streamlining permitting to address energy demand and infrastructure that has real impacts on our communities. But there’s ways to streamline permitting and get new energy resources online without sidelining solar, wind, nuclear, hydropower, or hydrogen projects. Streamlining permitting is key if we’re going to meet energy demand. Clean power should have the same opportunity as oil and gas and we shouldn’t be disregarding important environmental protections.”

    “This is a bad deal for the South, whether it’s consumers in Florida or whether it’s all these high-paying jobs going to all these Southern states. This is a job killer,” said Congressman Soto. “In addition, adding in defunding of interstate transmission lines. I’ve heard from both sides of the aisle how often this is critical. So why in the world would you defund the interstate transmission lines? That makes no sense. That will raise energy prices. It will prevent efficiencies in the market. And it will prevent different states from specializing in new types of energy, whether it’s modular nuclear or renewable energy that’s being formulated here in Florida.”

    Background

    House Republicans are gutting critical pollution protections and pollution reduction programs, raising American household energy costs, pulling the rug out from under America’s manufacturing sector, and creating a brazen new “pay-to-play” bribery scheme for polluting corporations. Here’s what the bill does:   

    • Repeals and rescinds funding from Environmental Protection Agency programs that protect Americans from pollution and help American households save money on energy costs and medical bills. Some of these programs include:
      • Greenhouse Gas Reduction Fund that is dedicated to lowering energy bills and cutting pollution.
      • Environmental and Climate Justice Block Grants that support disadvantaged communities to reduce pollution and pollution-related health impacts in their communities.
      • Methane Emissions and Waste Reduction Incentive Program to reduce pollution and waste from the oil and gas sector, improving the health and economic well-being of overburdened communities, while also saving energy.
      • Clean Heavy Duty Vehicle Program that helps communities replace old polluting diesel engines and vehicles—some of the dirtiest vehicles on the road—with new, clean vehicles.
      • Clean Ports Program that helps improve air quality around U.S. ports and address the public health and environmental impacts to surrounding communities.
    • Repeals life-saving Clean Air Act standards for vehicle pollution and fuel efficiency that help Americans save money at the pump and improve health outcomes in our communities.
    • Eliminates funding for the Department of Energy Loan Programs and the Advanced Industrial Facilities Deployment Program that help commercialize next-generation American-made technology, bringing manufacturing back to America and creating good-paying jobs, while also developing cutting-edge technologies that save Americans money and reduce pollution in American communities.
    • Creates a pay-to-play bribery scheme for polluters that allows oil and gas companies to pay a fee and bypass standard permitting, environmental reviews, and judicial review processes. Whether it’s a natural gas pipeline or a natural gas export terminal, companies can simply buy all the permits they need to build their pipeline through your community. This is blatant and unconscionable corruption. 

    Republicans had multiple opportunities to improve the bill and ensure that Americans’ pocketbooks, health, and livelihoods are protected, but Republicans repeatedly rejected Democratic amendments, including Democratic-led efforts to: 

    • Ensure that this bill does not raise energy costs for American households. Representative Castor’s amendment would have required the U.S. Energy Information Administration to publish the impacts of the Energy Subtitle of the bill on monthly energy costs for American households.
    • Protect the health and safety of our families and communities. Representative Dingell’s amendment would have prevented the repeal of the Greenhouse Gas Reduction Fund.
    • Hold polluters accountable and prevent the legalization of corruption under this bill. Representative Ocasio-Cortez’s amendment would have required the Inspector General of the Department of Energy to certify that this bill will not increase risks of corruption or ‘pay-to-play’ politics.
    • Protect American energy independence and deliver cheap energy to Americans. Representative Auchincloss’ amendment would have prevented the energy provisions from going into effect until the Secretary of Energy certifies that tariffs on energy imports are no greater than they were on January 19, 2025.  

    ###

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Lawler Joins Colleagues in Calling Attention to Haiti’s Deepening Crisis

    Source: US Congressman Mike Lawler (R, NY-17)

    Washington, D.C. – 5/15/25… Last week, Congressman Mike Lawler (NY-17) joined Congressman Rich McCormick (GA-07) and 13 of their colleagues in sending a letter to Secretary Rubio conveying their grave concerns over the deteriorating security situation in Haiti as missionaries, humanitarian aid workers, and countless innocent civilians face deadly threats from criminal gangs that now control much of the country. 

    They also called for coordination with the Haitian Transitional Presidential Council, Haitian National Police, and the United Nations Multilateral Security Support Mission to restore peace and a stable government.

    Criminal gangs have overrun major urban centers, including the capital Port-au-Prince. Recent reports indicate that these gangs, such as the Viv Ansanm coalition, now control over 85% of the capital and are expanding into previously stable areas. Local healthcare workers have described the complete takeover of their campus by armed gangs who have looted homes, ransacked facilities, and stolen critical supplies including medications and medical equipment. Over one million Haitians have been displaced due to gang violence, and UN security forces have struggled to stabilize the situation. 

    “The humanitarian crisis in Haiti is heartbreaking and deeply concerning. As violent gangs threaten civilians, including American missionaries and aid workers, the U.S. must act swiftly to restore order and protect lives. My district is home to the second-largest Haitian American population per capita in the country, and I know how deeply these families are feeling the pain of what’s happening,” said Congressman Mike Lawler.

    “The United States has an important responsibility to act decisively to mitigate this humanitarian and security crisis in Haiti. We must enhance protective measures for our citizens and humanitarian workers while working with local authorities to restore peace and stability,” said Congressman Rich McCormick.

    “Failure to address Haiti’s gang crisis risks a point of no return. I thank Representative McCormick for working with me in this bipartisan call for action. Our letter urges the administration to present a clear strategy to restore order, hold perpetrators accountable, resume aid, and return Haiti to the Haitian people,” said Congressman Gregory Meeks (NY-05).

    “Haiti is on the verge of collapse with violent gangs controlling the center of Port-au-Prince just blocks away from the National Palace,” said Congresswoman Maria Elvira Salazar (FL-28). “It is time for the United States to take a real leadership role in addressing the crisis with hard security solutions capable of stopping the gangs’ advance and restoring peace to Haiti.” 

    “Haiti continues to confront a dire political, security, and humanitarian crisis that has caused unimaginable amounts of human suffering,” said Congresswoman Sheila Cherfilus-McCormick (FL-20). “To prevent the situation from deteriorating any further, I am joining my colleagues on both sides of the aisle in calling on the U.S. Department of State to respond immediately. A long-term solution to this crisis means that we must crack down on violent gangs and the elites who fund them, while simultaneously curtailing the flow of illicit firearms.”

    “The Haitian people are enduring a vicious cycle of horrific violence at the hands of brutal gangs,” said Congresswoman Debbie Wasserman Schultz (FL-25). “The U.S. must urgently support efforts to restore stability, protect women and girls from harm, and uphold human rights. I remain committed to working with bipartisan colleagues to equip Haiti’s security forces to protect civilians—and to cut off the illicit flow of American weapons to the criminal organizations threatening their safety.”

    “The deteriorating security situation in Haiti is more urgent now than ever. Just last year I went on two rescue missions to Haiti bringing home 23 Americans and helping relocate 59 disabled Haitian children to safety. While there, I witnessed firsthand the threats faced by Americans, locals, and humanitarian workers, as criminal gangs endanger lives and disrupt vital aid efforts. I stand with my colleagues to urge Secretary Rubio to take a leading role in restoring stability in Haiti,” said Congressman Cory Mills (FL-07).

    “The heartbreaking reports out of Haiti are a call to action. Families are being driven from their homes, clinics and churches looted, and communities held hostage by violent gangs,” said Congresswomen Lois Frankel (FL-22). “With nearly half a million Haitian Americans living in Florida, many with deep ties to loved ones still on the island, the United States should act urgently to protect American citizens and humanitarian workers, and support the Haitian people in their fight to reclaim their country from lawlessness and despair.”

    “The humanitarian crisis and security situation in Haiti is devastating,” said Congressman Bill Keating (MA-09). “The State Department must act to enhance protective measures and resources for Americans in Haiti while also coordinating with Haitian authorities and the UN Multinational Security Support Mission to limit the flow of illicit weapons.” 

    “The crisis unfolding in Haiti is not just a matter of regional instability—it is a humanitarian catastrophe that demands urgent international response. Gangs now control over 85% of Port-au-Prince, and more than one million people have been displaced, many forced to choose between starvation and submission to armed groups. Haiti’s struggle did not begin with this wave of violence—it is rooted in a long legacy of foreign exploitation, failed interventions, and broken promises following the 2010 earthquake and the assassination of President Moïse in 2021. As a nation with deep historical ties to Haiti, the United States has a moral and strategic obligation to protect innocent lives, support democratic governance, and help dismantle the networks trafficking arms and chaos into the region,” said Congressman Jonathan Jackson (IL-01). 

    Congressman Lawler is one of the most bipartisan members of Congress and represents New York’s 17th Congressional District, which is just north of New York City and contains all or parts of Rockland, Putnam, Dutchess, and Westchester Counties. He was rated the most effective freshman lawmaker in the 118th Congress, 8th overall, surpassing dozens of committee chairs.

    ###

    The full letter can be found HERE.

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Murray Grills Administrator Zeldin Over Plans to Destroy EPA

    US Senate News:

    Source: United States Senator for Washington State Patty Murray
    Murray calls out ongoing defiance of appropriations laws
    ***WATCH: Senator Murray’s remarks and questioning***
    Washington, D.C. — Today, at a Senate Appropriations Interior Subcommittee hearing on the fiscal year 2026 budget for the Environmental Protection Agency (EPA), U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, blasted the Trump administration’s mass firings and proposed budget cuts at the EPA and called out Administrator Lee Zeldin for cancelling grants across the country and illegally blocking funding approved by Congress.
    In opening comments, Vice Chair Murray said:
    “Administrator Zeldin, you helm an agency that was created by a Republican president that is responsible for making sure that Americans can drink clean water, breathe clean air, and lead healthy lives.
    “It seems to me the Trump administration’s entire vision for your agency amounts to ‘burn it down.’ Now, burning down the EPA might be a great way to generate smog, but it is a terrible way to protect families’ health.
    “Look at the $25 billion in federal funding you have been illegally freezing and cancelling in my state and across the country. We’re talking about investments for things like heat pumps to reduce energy costs and pollution, wildfire preparedness to prevent smoke exposure, or infrastructure upgrades to protect drinking water from floods and earthquakes.
    “Blocking this funding is hurting communities everywhere, and it has prompted lawsuits, as well as investigations by the Government Accountability Office, and I have to say to you: it is unacceptable to hear from GAO that your agency has not been cooperating with those requests from them.
    “And now, the President’s request would slash funding for your agency by over 50 percent—taking it back to levels last seen 50 years ago, by the way. And I should note: protecting the health and well-being of the American public does not happen on its own.
    “The EPA is powered by skilled and dedicated public servants—a group you have worked to demonize for months on end.
    “Now, while you proudly gut your own agency’s workforce, you leave hard-working Americans suffering the consequences.
    “Your job is to make sure our kids have clean water when they turn on the tap, fresh air when they go outside. Your job is to make sure our rivers in Washington state are full of salmon, not toxic sludge. And your job is to follow the law and to get the funds out that Congress passed.
    “For the past two years, this Committee has passed bipartisan spending bills to invest in the EPA, and into our communities.
    “And, despite the draconian budget you have put forward, I’m going to be pushing to work with this Committee on a bipartisan agreement once again that safeguards our health and our environment.”
    [EPA STAFFING & BUDGET CUTS]
    Senator Murray began her questioning by calling out how Administrator Zeldin and Trump are firing EPA employees en masse and proposing draconian funding cuts. “Now, Administrator Zeldin, at the same time you propose cutting the EPA’s budget by 54%, and slashing staff by over 20%, and gutting many of the EPA’s core programs, you insist that, despite these cuts, the EPA can carry out the congressional directives of the bill we passed with bipartisan support through this committee—without compromising the EPA’s responsibilities. There is no way that could be true,” Senator Murray stated, continuing: “Do you understand, Administrator, that your job is to execute the bipartisan laws negotiated in this committee and in Congress, and carry them out faithfully? Not to gut the programs that Congress passes into law?”
    “Of course, we will fulfill all statutory obligations. And I would encourage you to read the announcement that we put out the morning of the President’s 100th day that has 100 environmental wins from the first 100 days of the Trump presidency. I don’t know if you’ve had an opportunity to read it yet,” responded Administrator Zeldin.
    “Well, I have had an opportunity to see your budget. And when you eliminate offices, and slash staffing, and propose cutting the budget in half of EPA—you are making certain that the government will not be able to protect the public from pollution. That is not what Congress intended,” Murray replied.
    [PROPOSED CUTS TO CATEGORICAL GRANTS TO STATES]
    Senator Murray then pressed Administrator Zeldin on how states are supposed to continue enforcement of federal environmental laws without funding the federal government has long provided, since the Trump budget request proposes massive cuts. “Now, the federal government has given states significant responsibility to implement our bedrock environmental laws, like enforcement of the Clean Water Act and the Safe Drinking Water Act. EPA provides basic funding—categorical grants—to every single state so they can carry out more than 90% of the on the groundwork that is necessary to comply with environmental laws. Your budget cuts 16 of 19 categorical grant programs, which the Environmental Council of the States—a bipartisan organization of environmental agency directors from all 50 states—says will ‘incapacitate state environmental programs.’ That’s from them, not from me. We are talking about massive cuts. $843 million for Texas, $459 million for Florida, $169 million for Louisiana. It’s hard to see as this is anything other than the EPA abandoning its responsibility to states. And I wanted to ask you, have you consulted with any of the states on this proposal to eliminate almost all the categorical grant funding?” askedSenator Murray.
    “Every aspect of this skinny budget was done deliberately as a result of a lot of conversation—a lot of thoughtful conversation,” Zeldin stated.
    “With the states?” Senator Murray followed up.
    “States are absolutely included as it relates to conversations that we take place—that conversations that take place, about our priorities,” Zeldin responded.
    “Well, I will say: my state and many of the states said this would be devastating, and states cannot shoulder this burden,” replied Senator Murray. “And I look forward to working with this committee to—as we’ve done before, in a bipartisan way—make sure that we fund these programs.”
    [TERMINATED EXTREME WEATHER PREPAREDNESS GRANT]
    Finally, Senator Murray pressed Administrator Zeldin on the mass termination of EPA grants, including one for extreme weather and wildfire preparedness in Spokane, Washington. “Finally, your agency has been cutting billions of dollars in grants indiscriminately, irrationally, across the country including in my home state of Washington. And I want to give you an example. Wildfire and extreme heat waves. They are major threats to public health for a lot of the country. A few weeks ago, the EPA terminated a grant that would have made sure community centers in Spokane had the infrastructure needed to serve as a refuge during extreme weather and wildfire emergencies. There was no explanation for that cancelation. That is a community that saw 19 people die and over 300 people hospitalized during a heat wave a few short years ago, where wildfires are a constant threat. So let me ask you, is it woke to protect people from wildfires and heat stroke?” Senator Murray fired back.
    “I don’t know if you’re going to get anyone in America to answer yes to the way you put that question out there,” Administrator Zeldin said, avoiding the question.
    “Well, is it inefficient? Is it wasteful? Why was this grant eliminated?” responded Senator Murray.
    Administrator Zeldin refused to answer: “Well, there are hundreds of grants. I would have to have that individual grant in front of me. One of the… while Congress sets an appropriated level on a particular type of grant, we need to make sure that over the course of the fiscal year, that that money is…”
    Senator Murray interjected, stating: “Well apparently, after four months, you decided that this community—Spokane—didn’t need to deal with their extreme weather and wildfire emergencies. I don’t know whether you won’t tell me whether it’s inefficient, wasteful, whatever your word is. But you need to know that you’re abandoning communities in my state across the country. And that funding was appropriated for work exactly like this. Thank you, Madam Chair.”

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI USA: Murray Slams Sweeping Funding Freeze at DOT, Grills Duffy on Massive Staffing Cuts at FAA, Across DOT

    US Senate News:

    Source: United States Senator for Washington State Patty Murray

    ***WATCH: Senator Murray’s remarks and questioning***

    Washington, D.C. — Today, at a Senate Appropriations Transportation and Housing and Urban Development Subcommittee hearing on the fiscal year 2026 budget request for the Department of Transportation (DOT), U.S. Senator Patty Murray (D-WA), Vice Chair of the Senate Appropriations Committee, called out how this administration has illegally frozen, cancelled, and slow-walked federal funding for transportation projects across America and grilled Secretary Sean Duffy on how exactly the significant reductions in staff at the Federal Aviation Administration (FAA) impact the agency’s core mission of keeping Americans safe. She also pressed him to detail the significant cuts implied in President Trump’s preliminary budget request for DOT and asked when exactly the full budget will arrive.

    In opening comments, Vice Chair Murray said:

    “Secretary Duffy, let me turn to you, as you know, every day, billions of dollars in commerce and countless lives depend on your agency to keep our roads, our rails, our skies, and our ports running safely and smoothly.

    “You are responsible for getting hundreds of billions of dollars provided by Congress out the door to build thousands of infrastructure projects across our country.

    “Yet, since January 20, virtually every dollar and transportation project has been held up at some point, and you are causing a traffic jam. From freezing funding for projects, to creating new hurdles by re-evaluating grants that had already been approved, adding red tape by forcing unacceptable political demands on state and local transportation agencies, and outright actually cancelling and cutting grants.

    “This is not normal.

    “No prior transportation secretary has cut funding for previously awarded grants in this manner. It is really to me, a political and partisan approach that really actually sets a terrible precedent.

    “I know at the House appropriations hearing yesterday, you blamed the previous Administration for absolutely everything. But I just want to say this today: the last administration did not make the decision to hold up thousands of grants, had nothing to do with the new red tape that you have created, and certainly did not let go of hundreds of staff that help get those grants out the door.

    “In fact, the last administration increased the number of grants signed from 330 in its first year, to over 1,500 last year—executing more than 3,350 projects.

    “So, you can’t blame Secretary Buttigieg or President Biden—it simply does not pass muster.

    “All the while, we know you have pushed out nearly 5,000 DOT employees through firings and buyouts, and you have actually said you’ll fire thousands more.

    “We don’t need fewer people keeping trains on the tracks, making sure air bags work, or rebuilding our roads and public transit systems.

    “We actually need more of them.

    “In recent months, we’ve seen unacceptable chaos at the Newark airport, the devastating crash at DCA, and too many other close calls.

    “And while you talk about modernizing the air traffic control system, you have forced out more than 2,000 FAA employees who support those air traffic controllers: the technicians, the mechanics, the engineers, the IT specialists at the FAA who were working on modernization.

    “Which I think is a huge mistake—and you just can’t paper over it.

    “Now regarding your recent FAA proposal, I stand ready to work with Chair Collins, along with Chair Hyde-Smith and Ranking Member Gillibrand, to make sure that Congress does provide the resources FAA needs in our FY26 funding bill and across future years, in order to address the glaring issues and failures we’ve seen—and to do so without shortchanging any other priorities.”

    [FAA WORKERS PUSHED OUT]

    Senator Murray began her questioning by noting that modernizing the air traffic control system is critical—but that Secretary Duffy has pushed out thousands of critical support staff necessary for that work, stating: “On aviation safety, you have proposed to modernize the air traffic control system. This committee has jurisdiction over the FAA’s Facilities and Equipment funding, but your proposal was not included in the President’s FY26 budget. We need the actual dollars and cents plan. So let me ask you: how many of the over 2,000 FAA employees that have been pushed out over the last few months will be needed to be brought back in order to modernize the system?”

    Secretary Duffy replied that he did not believe any of those lost employees would need to be brought back on, stating in part: “I don’t think any of them will need to be brought back.”

    Senator Murray pushed back, noting that: “What we have seen is really critical employees to the mission, are now gone. As I said, technicians and mechanics. You can have all air traffic controllers there, but if they don’t have the support staff, we can’t know that they’re doing the job.”

    Secretary Duffy replied that he didn’t believe the over 2,000 FAA staff pushed out were a concern, stating: “I would say that we don’t have a support staff issue with FAA. We don’t have enough controllers for the skies that we have in America. So, that is the issue that I’m addressing.”

    Senator Murray then noted: “Since you became Secretary, air traffic controllers have twice received ‘Fork in the Road’ emails encouraging them to resign, which you have, I know sent mistakenly, but it is—”

    “But none of them have taken it, they can’t take it because they’re not included,” demurred Secretary Duffy.

    Senator Murray continued, “Well, they received the email. You’re an employee. You got the same email. And I just think it’s really callous to suggest to controllers, these emails saying your work is not valued. So, do you know who sent those emails to our air traffic controllers?”

    Secretary Duffy dodged.

    “I just asked: who?” pressed Senator Murray.

    “I don’t know. I don’t know. No, I don’t know how they would have gotten those emails,” replied Secretary Duffy.

    Senator Murray continued asking, “You don’t know who sent it? Nobody’s been fired for sending those emails?”

    Secretary Duffy responded, in part: “That they would have had the wrong email for an air traffic controller versus someone else in the FAA? No, I’m not going to fire someone over that.”

    Senator Murray continued, noting that essential oversight of Boeing must continue: “You and I have also talked about the importance of the FAA’s oversight of Boeing, and I know you visited there in March. I am going to be tracking carefully to make sure the more than 50 new staff needed to support Boeing oversight are hired and you have backfilled any employees.”

    [PROPOSED BUDGET CUTS]

    Senator Murray went on to ask Secretary Duffy about the preliminary budget request for DOT, which fails to detail large cuts that it proposes, stating: “The skinny budget that you sent to us proposes about a $3 billion increase to specific DOT programs—but overall, your topline only increases $1.5 billion. So, you spell out about $300 million in cuts directly, you leave one billion dollars in cuts that this budget implies that are not there. So, we need the details of that in order for us to do that. Do you know when we will get that?”

    Secretary Duffy replied, “I don’t have an exact date for the exact budget, but I look forward to getting it to you as quickly as possible. Obviously, we work with OMB on the whole—”

    “You do realize the discrepancy in the numbers, that we need to see where it is,” pushed back Senator Murray.

    “It’ll all match up when we give you the complete details,” said Secretary Duffy.

    Senator Murray continued to inquire, “And do you know when that will be too?”

    Secretary Duffy said again he had no details, “I don’t have a date from OMB yet, when that’s going to be completed.”

    MIL OSI USA News –

    May 16, 2025
  • MIL-OSI Russia: Marat Khusnullin held meetings with colleagues from foreign countries at the International Economic Forum “Russia – Islamic World: KazanForum”

    Translation. Region: Russian Federal

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

    Marat Khusnullin held a working meeting with Deputy Prime Minister of Afghanistan for Economic Affairs Abdul Ghani Baradar

    May 15, 2025

    Marat Khusnullin held a working meeting with Deputy Prime Minister of Afghanistan for Economic Affairs Abdul Ghani Baradar

    May 15, 2025

    Marat Khusnullin held a working meeting with Deputy Prime Minister of Afghanistan for Economic Affairs Abdul Ghani Baradar

    May 15, 2025

    Marat Khusnullin held a working meeting with the Minister of Privatization, Investment and Communications of the Islamic Republic of Pakistan Abdul Alim Khan

    May 15, 2025

    Marat Khusnullin held a working meeting with the Minister of Privatization, Investment and Communications of the Islamic Republic of Pakistan Abdul Alim Khan

    May 15, 2025

    Marat Khusnullin held a working meeting with the Minister of Privatization, Investment and Communications of the Islamic Republic of Pakistan Abdul Alim Khan

    May 15, 2025

    Previous news Next news

    Marat Khusnullin held a working meeting with Deputy Prime Minister of Afghanistan for Economic Affairs Abdul Ghani Baradar

    At the XVI International Economic Forum “Russia – Islamic World: KazanForum”, Deputy Prime Minister of Russia Marat Khusnullin held a number of working meetings with colleagues from foreign countries.

    In particular, a meeting was held with the Minister of Privatization, Investment and Communications of the Islamic Republic of Pakistan, Abdul Alim Khan.

    “Pakistan is an important partner for our country in South Asia. Our relations with Islamabad are developing dynamically in almost all areas. I believe that they need to be further developed. One of the key issues is reliable and uninterrupted mutual settlements. Today, the share of non-Western currencies in the structure of bilateral settlements between Russia and Pakistan is already about 80%. This is a very good result. I hope that we will continue to work using the Russian financial messaging system and the Mir payment system,” the Deputy Prime Minister said.

    According to him, another important issue is related to transport corridors. Cargo transportation to Pakistan by road is developing. And here the importance of the international transport corridor “North-South” is growing.

    “Also a very important point is our cooperation within the SCO. I hope that we will be able to continue to effectively interact in this area. I am confident that this meeting and the participation of the Pakistani delegation in the forum will give a good impetus to the development of bilateral cooperation,” Marat Khusnullin emphasized.

    In addition, he held a working meeting with Deputy Prime Minister of Afghanistan for Economic Affairs Abdul Ghani Baradar. During the event, representatives of the Afghan delegation noted that their foreign policy is aimed at the economic development of the country, they are focused on cooperation, a potential direction of which could be trade and economic cooperation – projects in the field of agriculture, energy, transport infrastructure and mechanical engineering, mining industry.

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

    MIL OSI Russia News –

    May 16, 2025
  • MIL-OSI Russia: Marat Khusnullin opened the XVI International Economic Forum “Russia – Islamic World: KazanForum”

    Translation. Region: Russian Federal

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

    Marat Khusnullin opened the XVI International Economic Forum “Russia – Islamic World: KazanForum”

    May 15, 2025

    Marat Khusnullin opened the XVI International Economic Forum “Russia – Islamic World: KazanForum”

    May 15, 2025

    Marat Khusnullin opened the XVI International Economic Forum “Russia – Islamic World: KazanForum”

    May 15, 2025

    Previous news Next news

    Marat Khusnullin opened the XVI International Economic Forum “Russia – Islamic World: KazanForum”

    Deputy Prime Minister Marat Khusnullin gave the official start to the International Economic Forum “Russia – Islamic World: KazanForum”. The Deputy Prime Minister got acquainted with the expositions of Russia Halal Expo, as well as the international real estate exhibition and took part in the plenary session, where the prospects for the development of the construction industry were discussed.

    “The International Economic Forum “Russia – Islamic World: KazanForum” is aimed at strengthening cooperation with partners in building a fair and sustainable world order. The forum also confirms its status as a significant platform for demonstrating the capabilities of Russian companies and regions on the world stage. At the opened Russia Halal Expo, I visited the stands of the Astrakhan, Kirov, Vologda, Penza regions, the DPR, the Karachay-Cherkess Republic and the Republic of Mordovia, where I also held working meetings with the heads of these regions. We discussed priority areas of socio-economic development of the subjects and current issues of implementing the new national project “Infrastructure for Life”. I also visited the stands of Moscow, Nizhny Novgorod and Arkhangelsk regions. Each region showed its unique investment, industrial and tourism potential. A variety of local products are presented – from textiles and food products to building materials and other goods,” said Marat Khusnullin.

    The Deputy Prime Minister also inspected an outdoor exhibition of construction and special equipment, where modern models were presented – from KamAZ trucks and tractors to boats and helicopters.

    In addition, Marat Khusnullin got acquainted with the exposition of the International Property Market, an international real estate exhibition, which provided experts with a platform to discuss key industry issues, including breakthrough technologies, investment projects and modern approaches to creating a comfortable urban environment. The participants of the event demonstrated both already implemented projects and innovative solutions presented for the first time.

    The forum also included a plenary session dedicated to the development of the construction complex, during which Marat Khusnullin noted that over the past five years, significant results have been achieved in housing construction in Russia – about 570 million square meters of housing have been commissioned.

    One of the key topics of discussion was the implementation of the national project “Infrastructure for Life”, aimed at creating a comfortable living environment with developed social, transport and communal infrastructure. The national project provides for a comprehensive approach to the development of territories, including the development of 200 master plans for cities and strategic points, the modernization of support points in order to improve the quality of life of the population by 30% by 2030.

    Particular attention was paid to the issues of digitalization of the industry. According to the Deputy Prime Minister, the transition to paperless document flow allows for shorter approval periods and faster housing commissioning.

    Marat Khusnullin emphasized that an important driver of housing construction growth is the development of transport infrastructure. The implementation of large-scale projects of the international transport corridors “North-South” and “West-East” will not only improve logistics between regions, but also stimulate the construction sector.

    Special attention was paid to investment opportunities in new regions. Special preferential conditions are provided for accelerated development of the Donetsk and Lugansk People’s Republics, Zaporizhia and Kherson regions: mortgage lending at 2% per annum for the purchase of housing, tax preferences for participants in the free economic zone, as well as the provision of land plots without bidding within the framework of the SEZ.

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

    MIL OSI Russia News –

    May 16, 2025
  • MIL-OSI Russia: Dmitry Chernyshenko: The creation of fundamental models makes Russia a leader in the field of artificial intelligence

    Translation. Region: Russian Federal

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

    Dmitry Chernyshenko opened the plenary session of the VII International Scientific Forum

    May 15, 2025

    Dmitry Chernyshenko opened the plenary session of the VII International Scientific Forum

    May 15, 2025

    Dmitry Chernyshenko opened the plenary session of the VII International Scientific Forum

    May 15, 2025

    Dmitry Chernyshenko opened the plenary session of the VII International Scientific Forum

    May 15, 2025

    Previous news Next news

    Dmitry Chernyshenko opened the plenary session of the VII International Scientific Forum

    The Plekhanov Russian University of Economics is hosting the 7th International Scientific Forum “Step into the Future: Global Foresight, Artificial Intelligence, and Strategic Leadership.” It is dedicated to the development of artificial intelligence (AI) technologies and achieving Russia’s strategic leadership in the context of globalization and geopolitical challenges.

    Deputy Prime Minister Dmitry Chernyshenko opened the plenary session on the topic of international foresight – a joint study to update priority areas of fundamental and exploratory research in the field of AI within the framework of strategic objectives defined by the President and the Government.

    The Deputy Prime Minister called the words of President Vladimir Putin a strategic guideline: “Our direct responsibility is to participate equally in the global race to create strong AI.” He emphasized that it is necessary to agree at the Plekhanov Russian University of Economics, as well as at regional and international sessions: what goals should be “hit” so that Russia remains a leader among other countries in strong AI. The Ministry of Economic Development and the Ministry of Education and Science are preparing a unified research program in the field of AI, within the framework of which funds will be allocated for research that falls within the foresight areas. Universities must definitely get involved in the work.

    According to Dmitry Chernyshenko, AI is already changing our professional landscape, especially in those areas in which flagship AI research centers (RCs) operate: transport and logistics, construction and smart city, medicine, industry, etc.

    “We need to look ahead and foresee which niches are most in demand by our economy. There are areas where we can help with developments in the field of artificial intelligence that meet our Russian specifics, including cultural, social, and technological ones. To do this, we need to create domestic datasets. The groundwork is already in place, we need to popularize our “data lakes”. Collaboration between universities and students is an ideal support for creating domestic datasets as part of an educational program and research projects. Not only is the technology itself changing, there is a shift in the paradigm of thinking,” the Deputy Prime Minister noted.

    He also added that the world is constantly looking for improvements. The pace requires not just watching, but getting involved: “We are proud that Russia is one of the few countries that has its own fundamental AI models. This is a great achievement.”

    The top 15 models of the MERA benchmark, which was created and is being run by the Russian Alliance in the field of AI, include models from several members of the AI Alliance. According to the Deputy Prime Minister, there is healthy competition for leadership within the Russian AI community – this is the path to development, as is world-class collaboration, which does not stop in science.

    The state already supports 12 research centers in the field of AI. Now the selection of flagship RCs of the third wave is underway, and an assessment by experts is underway.

    Dmitry Chernyshenko emphasized the role of science in advancing frontiers in various fields, such as the study of matter, vaccines, and cancer drugs.

    “On the instructions of the President, the International AI Alliance together with SAPFIR are currently working on preparing an international foresight. We are targeting two tracks: foresight in Russia and abroad. We are conducting a foreign foresight to synchronize our watches with the international community and set up cooperation. Third-wave AI centers are focused specifically on foresight areas. After holding individual foresight sessions, a pool of proposals will be formed to update the composition of sub-areas and research tasks,” the Deputy Prime Minister said.

    In conclusion, Dmitry Chernyshenko noted the need to include universities in the organization of the international scientific foresight and instructed them to organize such discussions by inviting foreign experts, scientists and researchers from the field of AI. Each of the invited universities will have time to hold its own foresight session from May to September 2025. The results of the discussions will be consolidated by SAPFIR under the leadership of the Ministry of Economic Development of Russia. The results are planned to be presented to Russian President Vladimir Putin.

    Rector of the Plekhanov Russian University of Economics Ivan Lobanov thanked the Government and Dmitry Chernyshenko personally for their trust and emphasized that the university pays special attention to the development of AI. According to him, Plekhanov University is always in the vector of fulfilling the tasks set by the President and the Government, so the university plans to actively implement the announced approaches and solutions.

    “Today, Plekhanov Russian University of Economics is one of the flagships of the development of the artificial intelligence industry in Russia, we are actively integrating AI into the educational process. The Center for Advanced Research in Artificial Intelligence was created at Plekhanov University, which is engaged in scientific research in the field of explainable and generative AI, implements AI in the field of medicine, develops security solutions based on neural networks, and applied research is also conducted in the Educational and Scientific Laboratory of Artificial Intelligence, Neurotechnology and Business Analytics. Plekhanov Russian University of Economics trains highly qualified specialists in the field of AI, big data and machine learning, and our students test the use of AI in the educational process, learn to work with data and train neural network models,” the rector said.

    The forum brought together leading experts from Russia and abroad, including representatives of the Ministry of Economic Development of Russia, specialized scientific institutes, large companies and international organizations. The event was also attended by First Deputy Minister of Economic Development Maxim Kolesnikov, Deputy Head of the Presidential Administration for the Development of Information and Communication Technologies and Communications Infrastructure Oleg Khorokhordin, Director of the Strategic Agency for Support and Formation of AI Developments Tatyana Soyuznova, representatives of Sberbank PJSC, the Alliance in the Sphere of Artificial Intelligence Association, and the Union of Chinese Entrepreneurs in the Russian Federation.

    The key organizers of foresight in Russia are the International AI Alliance, which includes 17 industry associations from 14 countries, including the Russian AI Alliance, and the Strategic Agency for Support and Formation of AI Developments (SAPFIR), created on the basis of the Skolkovo Foundation in early 2025.

    It is planned that the results of the foresight will be summed up at the annual conference “Journey into the World of Artificial Intelligence” at the end of 2025.

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

    MIL OSI Russia News –

    May 16, 2025
  • MIL-OSI Canada: Internships powering economic growth

    [. To support this, Alberta’s government is making targeted investments to help ensure students develop the skills and abilities needed to meet the workforce demands of the future and succeed in a changing and competitive job market.

    Through a $15-million investment over three years in the Mitacs Internship Program, Alberta’s government is continuing to support valuable internship opportunities. This funding will help provide hands-on learning experiences for post-secondary students and recent graduates in the province’s priority growth areas such as research and development, innovation and science.

    “Hands-on learning is critical to helping students get the skills and training they need, and to prepare them for success in their careers. By working together with industry and the post-secondary system, we are ensuring students receive high-quality education while building the research and innovation labour force that the economy of the future will require.”

    Rajan Sawhney, Minister of Advanced Education

    The Mitacs Internship Program helps drive research commercialization in Alberta and complements other government-funded work-integrated learning programs. Internships also help industry partners achieve their innovation potential, respond to current business challenges and grow their competitive advantage. This $15 million in provincial funding, combined with federal and industry funding, will allow the Mitacs Internship Program to offer more than 3,000 Albertan student internships.

    “Mitacs is honoured to receive this important investment from the Government of Alberta into innovation internships that will boost economic growth, productivity and competitiveness across the province while supporting talent development and retention. We’re proud to contribute to strengthening Alberta’s advanced education and innovation ecosystems.”

    Dr. Stephen Lucas, chief executive officer, Mitacs

    Mitacs is a national non-profit that provides grant and internship programs for post-secondary students and recent graduates in the areas of research and development, innovation and science. Currently, 23 Alberta post-secondary institutions throughout the province have Mitacs funding agreements. Students can apply through their schools or directly with Mitacs.

    Quick Facts

    • Mitacs is a national non-profit organization that plays a key role in advancing Alberta’s economic priorities by driving innovation, applied research and workforce development.
      • Mitacs, founded by Canadian mathematicians in 1999, stands for Mathematics of Information Technology and Complex Systems.
      • Its internship program connects industry with researchers and interns at Alberta’s colleges, polytechnics and universities, empowering businesses to solve critical challenges, boost productivity and enhance competitiveness.  
    • Twenty-three Alberta post-secondary institutions have current Mitacs funding agreements:
    • University of Alberta
    • University of Calgary
    • NAIT
    • SAIT
    • Northwestern Polytechnic
    • Red Deer Polytechnic
    • Lethbridge Polytechnic
    • Red Crow Community College
    • Athabasca University
    • University of Lethbridge
    • Bow Valley College
    • Keyano College
    • Lakeland College
    • Medicine Hat College
    • Olds College
    • Portage College
    • Concordia University of Edmonton
    • Mount Royal University
    • Alberta University of Arts
    • MacEwan University
    • NorQuest College
    • Kings University
    • Ambrose University
    • Mitacs is also receiving $39.2 million of federal government and industry funding for 2025-28.
    • Since 2005, Alberta’s government has also partnered with Mitacs to deliver the Globalink Research Internship program which supports internships and unique international research experiences in Alberta’s priority sectors.
      • The program is open to Albertan and international learners.

    Related information

    • Mitacs internship programs for Albertans | Alberta.ca
    • Mitacs Globalink Research Internship Program | Alberta.ca
    • Connecting Students to Research Opportunities – Mitacs
    • Mitacs: Bringing Innovation Into Reach – Mitacs

    Related news

    • More hands-on learning opportunities for students | alberta.ca (Oct.30, 2020)
    • Alberta and China forge stronger ties in education | alberta.ca (Feb 25, 2014)

    Multimedia

    • Watch the news conference

    MIL OSI Canada News –

    May 16, 2025
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