LAS VEGAS, Nevada, May 12, 2025 (GLOBE NEWSWIRE) — Consumer Portfolio Services, Inc. (Nasdaq: CPSS) (“CPS” or the “Company”) announced the closing of its second term securitization in 2025 on Monday May 12, 2025. The transaction is CPS’s 55th senior subordinate securitization since the beginning of 2011 and the 38th consecutive securitization to receive a triple “A” rating from at least two rating agencies on the senior class of notes.
In the transaction, qualified institutional buyers purchased $419.95 million of asset-backed notes secured by $439.29 million in automobile receivables originated by CPS. The sold notes, issued by CPS Auto Receivables Trust 2025-B, consist of five classes. Ratings of the notes were provided by Standard & Poor’s and DBRS Morningstar, and were based on the structure of the transaction, the historical performance of similar receivables and CPS’s experience as a servicer.
Note Class
Amount (in millions)
Interest Rate
Average Life (years)
Price
S&P’s Rating
DBRS Rating
A
$ 191.520
4.74%
0.65
99.99620%
AAA
AAA
B
$ 58.430
4.79%
1.75
99.99344%
AA
AA
C
$ 70.280
5.12%
2.43
99.97744%
A
A
D
$ 40.640
5.56%
3.23
99.97917%
BBB
BBB
E
$ 59.080
7.95%
3.98
99.99266%
NR
BB
The weighted average coupon on the notes is approximately 5.96%.
The 2025-B transaction has initial credit enhancement consisting of a cash deposit equal to 1.00% of the original receivable pool balance and overcollateralization of 4.40%. The transaction agreements require accelerated payment of principal on the notes to reach overcollateralization of the lesser of 8.65% of the original receivable pool balance, or 22.00% of the then outstanding pool balance.
The transaction was a private offering of securities, not registered under the Securities Act of 1933, or any state securities law. All such securities having been sold, this announcement of their sale appears as a matter of record only.
About Consumer Portfolio Services, Inc.
Consumer Portfolio Services, Inc. is an independent specialty finance company that provides indirect automobile financing to individuals with past credit problems or limited credit histories. We purchase retail installment sales contracts primarily from franchised automobile dealerships secured by late model used vehicles and, to a lesser extent, new vehicles. We fund these contract purchases on a long-term basis primarily through the securitization markets and service the contracts over their lives.
Investor Relations Contact
Danny Bharwani, Chief Financial Officer 949-753-6811
After more than three years and 14 rounds of negotiations, the UK and India have finally announced a free trade agreement (FTA). UK Prime Minister Keir Starmer will formally sign the deal on a visit to India later this year. This is the biggest and most economically significant bilateral trade deal the UK has struck since leaving the EU. It will have implications for both businesses and workers.
In 2024, the UK’s trade with India was worth £43 billion – £17.1 billion of exports and £25.5 billion of imports. Government modelling estimates that trade between the nations will increase by as much as 39% and the UK’s GDP will expand by £4.8 billion or 0.1 percentage points per year as a result.
India’s economy is growing fast. It is expected to expand by 6% annually, becoming the world’s third largest economy by 2028 after the US and China. This certainly makes the deal with the UK very timely.
With a population of more than 1.4 billion and a growing middle class, the country offers huge market potential. Its import demand is predicted to grow by 144% between 2021 and 2035. This combination of strong economic growth and increasing numbers of citizens with disposable cash makes a compelling case for the deal.
Both the UK and India have agreed to reduce tariffs under the deal. India will immediately lower its 150% tariffs on Scotch whisky and gin to 75%, and then to 40% within ten years. Tariffs on foodstuffs such as lamb, salmon and cheeses will fall from around 30% to zero.
Simplified trade rules, including faster customs processing, reduced barriers such as complex labelling requirements, and enhanced support for small businesses should bring gains for companies. Timely customs clearance will support exports of perishable items like Scottish salmon, where delays reduce the product’s shelf life. Similarly, exporters of things like biscuits and cheese will benefit from streamlined paperwork and be able to compete in India’s growing market.
There will no longer be limits on the number of UK businesses allowed to provide telecommunications, environmental and construction services. And UK businesses will not need to set up a company in India or be a resident in India to supply their services in these sectors.
Once the FTA comes into force, which could take up to a year, the UK will allow 99% of Indian imports duty-free access into the UK. The sectors set to benefit most are footwear, textiles and clothing, as well as processed prawns, basmati rice and ready meals. These reductions will mean lower prices for UK consumers, given tariffs on clothing and footwear are 12% and 16% respectively.
Tariffs on luxury cars will also be reduced from more than 100% to 10% under quotas on both sides. The FTA locks in zero tariffs on industrial machinery, advanced materials for use in hi-tech industries, and components for electric vehicles. This will position British suppliers inside a manufacturing market ranked the world’s second-most attractive after China.
In terms of workers, there were well publicised fears that the agreement might lead to UK workers being undercut by Indian counterparts. Plans for a so-called “double contribution convention” grants a three-year exemption from national insurance contributions for Indian employees temporarily working in the UK. But this is a reciprocal deal and is likely to apply only to workers who are seconded from one country to the other, so should not result in UK workers being more expensive to hire.
And although no changes to immigration policy are planned, the FTA will offer easier movement for skilled workers. UK providers of services like construction and telecoms will have access to India’s growing market.
Both countries have committed to encouraging the recognition of professional qualifications. A professional services working group for UK and Indian government officials will provide a forum to monitor and support this initiative.
Timing is everything
Against a backdrop of rising protectionism and geopolitical tensions, the UK-India FTA stands out as a strategic deal. It is also a significant milestone in Britain’s Indo-Pacific “tilt”. This approach gives UK firms a hedge against over-reliance on any single region or country-centric supply chains, to keep trade flowing in the event of more US tariff shocks, for example.
With the US fixation on tariffs, and global supply chains facing continued disruption, securing preferential access to the world’s fastest-growing major economy is a strategic win for the UK. From India’s perspective, the trade deal is aligned with its rise as a “China-plus-one” manufacturing hub (where businesses diversify to ensure they do not invest only in China).
The UK and India share historical ties that are underpinned by cultural, educational and people-to-people links. The UK-India FTA marks a new phase in this relationship, where shared economic interests define a forward-looking partnership between the two countries.
And in terms of its ongoing talks with the EU, India could use the agreement to showcase its willingness to negotiate ambitious trade deals. For the UK, given its own upcoming trade and cooperation talks with the EU, the FTA with India demonstrates that new partnerships can be built while maintaining vital European ties.
Sangeeta Khorana has received funding from UK-ESRC, EU and other international organisations. She is affiliated with Chartered Institute of Export and International Trade as a Trustee Director.
Source: Federal Bureau of Investigation FBI Crime News (b)
On Monday, May 12, 2025, the FBI’s Uniform Crime Reporting (UCR) Program released the “Officers Killed and Assaulted in the Line of Duty, 2024 Special Report” and data from the Law Enforcement Employee Counts on the FBI’s Crime Data Explorer (CDE) at cde.ucr.cjis.gov.
“Officers Killed and Assaulted in the Line of Duty, 2024 Special Report”, provides preliminary counts of law enforcement officers killed and assaulted in 2024, as well as an in-depth analysis of law enforcement officers who were killed or assaulted from 2015 through 2024, based on the data voluntarily provided by law enforcement agencies to the FBI’s UCR Program.
In 2024, 64 officers were feloniously killed in the line of duty. That is consistent with the number of officers feloniously killed the previous two years; however, the rate of assaults against officers increased from 2022 to 2024. Firearms were the most reported weapon used in fatal incidents.
Information about offenders of officer felonious killings in 2024 show there were 61 offenders reported for the felonious deaths. Of these offenders, 95.9% were male, 57.9% were white, and 32 offenders were reported to have a prior criminal record.
For each of the 10 years under consideration, the South region had the most line-of-duty deaths. There was a 45% increase in the deaths in that region in 2024 (29 deaths) compared to 2023 (20 deaths).
Agencies reported 85,730 officer assaults in 2024 indicating a rate of 13.5 assaults per 100 officers, marking the highest officer assault rate in the past 10 years.
The number of officers assaulted and injured by firearms has climbed over the years, reaching a 10-year high in 2023 with approximately 500 officers assaulted and injured by firearms. In 2024, the number of officers assaulted and injured by firearms dropped to approximately 457 officers.
Most accidental deaths of law enforcement officers from 2020 to 2024 can be attributed to motor vehicle accidents.
Also released today was the 2024 information from the Law Enforcement Employee Counts Data Collection. Law enforcement agencies provide these counts to the FBI annually and account for all full-time sworn law enforcement officers and civilian employees. This information may be used by city, county, state, and federal law enforcement agencies to establish manpower needs, and to provide effective enforcement and protection.
The full report may be found in the Special Reports section on the FBI’s CDE.
The Province of B.C. is supporting the Walking School Bus program, which provides supervised walks to schools for elementary children in select communities, helping them start their day off with fresh air and exercise.
“Walking to school offers a wonderful opportunity for students and parents to connect with their community,” said Ravi Parmar, MLA for Langford-Highlands, on behalf of Mike Farnworth, Minister of Transportation and Transit. “I’m excited to see this program expand in many parts of the province, especially in the community where I grew up. It’s rewarding to know that students in Langford and other communities in B.C. will benefit from this initiative, helping them develop healthy habits and safer ways to commute.”
In partnership with the Society for Children and Youth of BC, this program gives more communities in B.C. the chance to get their kids to school without a vehicle. The program is available to students in Langford, Sooke, Nanaimo, Esquimalt, Saanich and Central Saanich. It will expand to other areas.
Children learn safe commuting skills and build healthy habits with the Walking School Bus. The program provides paid leaders and volunteers with the essential training to safely lead a group of students to and from their homes and schools. The program will also include a Biking School Bus in some participating communities. Trained cycling leaders from HUB Cycling will bike with groups of students to and from school.
More than 350 children have participated in similar Walking School Bus programs in B.C. The program offers new communities the funding and tools needed to get their students to and from school safely.
“After a successful pilot in Metro Vancouver in partnership with the Province and TransLink, we are thrilled to be working with the Province to help more children across British Columbia develop active travel habits through our Walking School Bus program,” said Stephanie Howell, executive director, Society for Children and Youth of BC. “The program will also include bike buses led by our new partners at HUB Cycling, who we are excited to have on board. We look forward to promoting safe routes to school and independent mobility for all.”
The B.C. government has invested $1.1 million to support 15 schools in B.C. as they offer their elementary students a supervised walk to school.
In an address to the nation, Prime Minister Narendra Modi declared the success of Operation Sindoor, a decisive military operation targeting terrorist infrastructure in Pakistan, marking a new chapter in India’s fight against terrorism. The operation, launched in response to a barbaric terrorist attack in Pahalgam on April 22, has redefined India’s counter-terrorism strategy, with the Prime Minister emphasizing a policy of zero tolerance for terrorism.
Speaking via videoconference, PM Modi condemned the Pahalgam attack, where terrorists brutally killed innocent civilians after questioning their faith in front of their families. Describing the act as an attempt to fracture India’s harmony, he expressed the nation’s unified resolve to combat terrorism. “Every terrorist now knows the consequences of wiping Sindoor from the foreheads of our sisters and daughters,” he said, dedicating the operation’s success to the courage of India’s armed forces and the unity of its people.
Operation Sindoor, executed on May 6-7, saw Indian armed forces conduct precise missile and drone strikes on terrorist hideouts and training centers in Pakistan, including notorious hubs in Bahawalpur and Muridke, linked to global attacks like 9/11 and the London Tube bombings. The operation eliminated over 100 dangerous terrorists, including key figures, and dismantled their infrastructure, shattering their morale. “Terrorists dared to wipe the Sindoor from our sisters; India destroyed the very headquarters of terror,” PM Modi asserted.
The Prime Minister revealed that Pakistan, frustrated by India’s strikes, retaliated by targeting Indian civilian and military sites. However, India’s advanced air defense systems neutralized these attacks, and Indian drones and missiles struck Pakistani airbases, causing significant damage. By May 10, Pakistan’s military, reeling from losses, contacted India’s Director General of Military Operations, assuring a cessation of terrorist activities and aggression. India, after dismantling large-scale terrorist infrastructure, temporarily suspended its counter-operations but vowed to monitor Pakistan’s actions closely.
PM Modi outlined India’s new security doctrine, built on three pillars: decisive retaliation against terrorist attacks, no tolerance for nuclear blackmail, and no distinction between terrorists and their state sponsors. He criticized Pakistan’s military for openly supporting terrorists, citing their attendance at militants’ funerals as evidence of state-sponsored terrorism. “Operation Sindoor has set a new benchmark, a new normal,” he declared, highlighting the operation’s role in showcasing India’s prowess in modern warfare and the effectiveness of Made-in-India defense systems.
Emphasizing India’s commitment to peace, PM Modi reiterated that “this is not an era of war, but it is not an era of terrorism either.” He warned Pakistan that continued support for terrorism would lead to its downfall and stressed that any talks with Pakistan would focus solely on terrorism and Pakistan-Occupied Kashmir (PoK). “Terror and talks cannot coexist,” he said, underscoring India’s firm stance.
On Buddha Purnima, the Prime Minister invoked Lord Buddha’s teachings, stating that peace requires strength. He saluted the armed forces, intelligence agencies, and scientists for their role in Operation Sindoor and praised the unity of Indian citizens. “Zero tolerance against terrorism is the guarantee of a better world,” Modi concluded, reaffirming India’s resolve to build a strong, prosperous, and peaceful Viksit Bharat.
Source: Hong Kong Government special administrative region
Remarks by CE at media session in Doha (with photo/video) Chief Executive: I will now turn to our English-speaking friends in the media.
This marks my second duty visit to the Middle East since taking office. Our delegation comprises over 50 professionals and leaders of enterprises from Hong Kong plus Mainland China. The composition of the delegation demonstrates Hong Kong’s unique role as a “super connector” and “super value-adder” under the principle of “one country, two systems”. Hong Kong is dedicated to capitalising on its connectivity with both Mainland China and the world, collaborating and synergising with economies and enterprises that are eager to pursue high-quality development with us.
I have set out three major goals for our visit to the Middle East this time. First, to strengthen government-to-government relations; second, to explore new areas of co-operation; third, to make friends and expand our network.
Yesterday, I had the honour of meeting His Highness the Amir of the State of Qatar, followed by a meeting with the Prime Minister and Minister of Foreign Affairs. We also visited the Qatar Investment Authority. I introduced to them Hong Kong’s latest developments in finance, professional services, and innovation and technology. We agreed to deepen collaboration across sectors between Hong Kong and Qatar.
We have also expanded our business networks. During this visit, we have achieved 35 MOUs and agreements spanning trade, investment, technology, legal co-operation, financial markets and so on.
In addition to Hong Kong-Qatar co-operation, two agreements were reached between enterprises from Mainland China and Qatar, supporting the development of financial services and advanced manufacturing.
A tripartite agreement among organisations from Hong Kong, Mainland China and Qatar was also reached, focusing on fintech collaboration, showcasing Hong Kong’s bridging role between different economies.
The delegation has first-hand insights from the visit. The delegation visited the Qatar Foundation to learn about its R&D, education and community projects, and visited Lusail City to better understand the smart infrastructure in Qatar’s second-largest city.
Later today, I will visit an autonomous vehicle project at the airport — a project designed by a Mainland Chinese tech firm with its international headquarters in Hong Kong, and first piloted in the Hong Kong International Airport. This exemplifies our role as a launchpad for global innovation.
Tonight, we will depart for Kuwait and will announce the outcome of our duty visit later.
Reporter: Thank you honourable sir. I wanted to ask you if you could you give a rough figure of the value of the 35 memorandums of understanding (MOUs) that have been signed today? And if you can go into a little bit more about the sectors whereby Qatar and Hong Kong can both benefit from each other? For example, you mentioned earlier technology in autonomous vehicles manufactured by Yutong.
Chief Executive: There are 35 agreements signed within two days. I think that is quite a record. I am very glad that delegate members, plus our counterparts in Qatar, both have been very active and supportive in developing co-operation, collaboration and networking, and I see them really spending their time exchanging contact details and also exchanging ideas on how they can develop the relationship. The 35 co-operation agreements cover areas including economic co-operation, investment, technology, legal co-operation, finance, banking and also capital arrangement. If you want to look at the 35 areas of co-operation, I think if you look at the fullest, then you will see the focus areas of co-operation.
The result of these 35 agreements will have to be judged by those who will then continue their work. What a visit led by the Chief Executive will achieve, and can achieve, is opening the doors first with governments, so that the delegates, business players and entrepreneurs can then continue the liaison to open more doors, windows and opportunities. It is up to them to work hard, and this is something I will be demanding – for them to work hard. But if you look at my last visit to the Middle East, which was about two years ago, after we signed a number of MOUs, we have seen companies producing hydrogen buses for a country in the Middle East. We have seen, for example, on the stock exchange side, stock exchanges exchanging agreements for dual listing. We also see professionals set up their offices in the countries that I visited in the Middle East last time, and they have been receiving work orders and doing their services. I expect the delegates to continue these liaisons amongst themselves. But I am glad to inform you that the amount of enthusiasm is very strong. I will say that there will be more exchanges between not just governments, but in the private sector, chambers, businessmen and associations. And I will see not just exchanges between themselves, but also their participation in some of the events organised in Hong Kong, including both conferences, a lot of match-making deals, etc. I am very positive that the momentum will continue.
(Please also refer to the Chinese portion of the remarks.) Issued at HKT 23:58
Source: Hong Kong Government special administrative region
CE leads delegation to continue visit to Qatar In the morning, Mr Lee met with the Minister of Labour of Qatar, Dr Ali bin Saeed bin Samikh Al Marri, to discuss plans on enhancing talent exchanges between Hong Kong and Qatar, with a view to promoting cultural exchanges and communication between the two places. Noting that Hong Kong is home to five of the world’s top 100 universities and is actively developing into an international hub for post-secondary education, Mr Lee highlighted that Hong Kong offers a Belt and Road Scholarship to encourage students from Belt and Road countries or regions to pursue post-secondary studies in the city. This initiative aims to attract more outstanding non-local students and talent to Hong Kong. He welcomed more young people of Qatar to study and develop their careers in Hong Kong.
After that, Mr Lee and the delegation attended a roundtable meeting with representatives of the Qatari Businessmen Association and the Qatar Chamber of Commerce and Industry respectively. Highlighting Hong Kong’s robust legal system, resilient financial system and simple and low tax regime, Mr Lee welcomed Qatari enterprises to capitalise on Hong Kong’s advantages in connecting with both the Mainland and the world under the “one country, two systems” principle. Qatari enterprises can also leverage Hong Kong’s high-quality financial, logistics and professional services, as well as its bridging roles to assist enterprises in going global and attracting external investment, tapping into business opportunities on the Mainland market.
In the afternoon, Mr Lee attended a business luncheon co-hosted by the Hong Kong Economic and Trade Office in Dubai and the Hong Kong Trade Development Council. Addressing the luncheon, Mr Lee introduced Hong Kong’s development opportunities and business advantages to over 300 local political and business representatives. Noting that the Middle East is a key region under the Belt and Road Initiative, Mr Lee said this marks his second visit to the Middle East since taking office, and that he was very pleased to see the continuous strengthening of ties and co-operation between Hong Kong and the region. Pointing out that Qatar is Hong Kong’s third-largest trading partner in the Middle East region, Mr Lee announced that Hong Kong and Qatar had substantially concluded negotiations on the Investment Promotion and Protection Agreement, and would begin discussions on mutual recognition arrangements for their respective Authorized Economic Operator Programmes, creating a more favourable environment for flows of capital and goods. He also announced a new arrangement allowing Hong Kong Special Administrative Region passport holders to visit Qatar visa-free for up to 30 days. He said he looks forward to further deepening co-operation with Qatar in such areas as economy and trade, tourism, and culture. He said that Hong Kong and Mainland enterprises complement each other’s strengths, and that Hong Kong will continue to play its bridging role to serve enterprises in going global and attracting external investment, with a view to deepening international exchanges and co-operation. Hong Kong and Qatar can jointly seize the significant development opportunities brought by the Guangdong-Hong Kong-Macao Greater Bay Area and the Belt and Road Initiative.
During the luncheon, government departments, enterprises, and institutions from Hong Kong, the Mainland and Qatar exchanged and announced 35 MOUs and co-operation agreements covering economic co-operation, investment, technology, legal collaboration, as well as finance, banking, and capital market development. In addition to the co-operation between Hong Kong and Qatar, two agreements were signed directly between Mainland and Qatari enterprises to foster co-operation in financial services and high-end manufacturing. Furthermore, a tripartite agreement was signed among Hong Kong, the Mainland, and Qatar to strengthen co-operation in fintech, covering Web3 and AI, leveraging the respective technological strengths of each region for mutual development.
Afterwards, Mr Lee visited Hamad International Airport in Doha to learn about the operation and effectiveness of its autonomous vehicle pilot project and to examine the application of autonomous buses. The pilot project, which had participation by a Chinese enterprise, UISEE, set a precedent for applying autonomous driving technology at airports in the Middle East region. UISEE is one of the leading companies in autonomous driving technology on the Mainland, having established its international headquarters in Hong Kong as a springboard to expand its business globally. The company collaborated with Hong Kong International Airport on autonomous vehicle projects to enhance the safety and operational efficiency of airport logistics, drawing on the successful experiences to promote the technology to the international market. Hamad International Airport, which is the latest pilot site of UISEE, demonstrated the co-operation among Mainland China, Hong Kong, and Qatar.
Mr Lee and the delegation will depart for Kuwait tonight.
New limits on energy use in standby mode have come into effect. The limits now apply to electrical appliances such as Wi-fi, wireless speakers, and motor-operated blinds. The new rules will help reduce energy bills and save enough energy to power more than 1 million electric cars by 2030.
BUFFALO, N.Y. — Four Mexican nationals unlawfully residing in the United States were charged May 2 for their roles in an international human smuggling conspiracy that illegally brought aliens across the Canadian border to the United States for profit.
Edgar Sanchez-Solis, 23, unlawfully residing in Kansas City, Kansas; Ignacio Diaz-Perez, 35, unlawfully residing in Oakwood, Georgia; Samuel Diaz-Perez, 26, unlawfully residing in Dublin, Ohio; and Salvador Diaz-Diaz, 32, unlawfully residing in Columbus, Ohio, were charged by indictment with conspiracy to bring aliens to the United States and 25 counts of bringing aliens illegally to the United States for profit. U.S. Immigration and Customs Enforcement arrested the defendants at multiple locations throughout the United States. They are currently detained. Ignacio Diaz-Perez and Salvador Diaz-Diaz had been previously removed from the United States.
“These individuals acted in blatant disregard of our nation’s laws, allegedly smuggling hundreds of aliens into the United States for thousands of dollars each,” said ICE Homeland Security Investigations Buffalo Special Agent in Charge Erin Keegan. “They’re alleged to have repeatedly put the public at risk through dangerous vehicle chases with law enforcement further demonstrating their contempt for the law and safety of others. We work every day with our partners in the U.S. Border Patrol and are proud to support the security of our borders and uphold public safety in our communities.”
“As alleged, these defendants illegally entered this country and then sought to smuggle hundreds of aliens per week to the United States from Mexico, Central America, and South America through the Canadian border,” said Matthew R. Galeotti, Head of the Justice Department’s Criminal Division. “The defendants instructed smuggled aliens to make testimonial videos touting the enterprise’s services. In reality, the defendants imperiled their human cargo and innocent American lives when they repeatedly engaged in life-threatening conduct, including multiple high-speed getaways from law enforcement.”
According to court documents, the four defendants were part of an alien smuggling organization that has been operating for the last two years in Mexico, Canada, and the United States. The four defendants, in exchange for money, conspired with others to smuggle hundreds of aliens per week from Mexico, Central America, and South America through Canada, into northern New York, including Franklin and Clinton Counties, as alleged in court documents. The aliens or their family members paid thousands of dollars to be smuggled into the United States. The defendants and their co-conspirators allegedly facilitated the illegal travel of the aliens from Mexico to Canada and then across the northern border, where they were picked up and driven farther into the United States.
On multiple occasions members of the alien smuggling organization led local and federal law enforcement officers on high-speed vehicle chases along the U.S. northern border, creating a grave public safety risk, according to court documents. For example, in April 2023, smugglers allegedly fled the Burke Border Patrol Station’s sector at a high rate of speed after setting off a border sensor. Border Patrol successfully stopped the vehicle and apprehended the smugglers, who were transporting seven adult aliens and three minors. In another incident, in May 2023, the Clinton County Sheriff’s Office used a tire deflation device to stop a van carrying aliens after it allegedly failed to yield to both federal and state law enforcement. The smugglers and aliens allegedly fled on foot after the vehicle was disabled. As additionally alleged, in August 2023, a vehicle carrying aliens that was fleeing from Border Patrol drove into Plattsburgh, New York, where it drove erratically, passed vehicles in a congested traffic area, ran a red light, and struck a motorist at an intersection. The driver and six illegal aliens fled the accident scene on foot but eventually were apprehended.
“This case demonstrates our relentless efforts to secure our northern border against the criminal organizations profiting from human smuggling and other illegal activities,” said U.S. Attorney John A. Sarcone III for the Northern District of New York. “We are grateful for our partnership with Joint Task Force Alpha as we work to dismantle these transnational criminal organizations and make our North Country communities safer.”
“These charges are a testament to the hard work of the men and women of the United States Border Patrol and its partner agencies,” said Chief Patrol Agent Robert N. Garcia of the U.S. Border Patrol’s Swanton Sector. “The days of catch-and-release are over, and the reality is clear; if you attempt to enter the United States illegally, if you attempt to smuggle or traffic human beings, you will be apprehended and you will face severe consequences.”
HSI Rouses Point and U.S. Border Patrol Burke Station led U.S. investigative efforts, with substantial assistance from HSI’s Human Smuggling Unit in Washington, D.C. and CBP’s National Targeting Center International Interdiction Task Force.
An indictment is merely an allegation. The defendants are presumed innocent until proven guilty beyond a reasonable doubt in a court of law.
KwaZulu-Natal Transport and Human Settlements MEC, Siboniso Duma, has extended his heartfelt condolences to the families of nine people, who lost their lives in an accident on the N2 highway near Empangeni, on the KwaZulu-Natal north coast.
According to a preliminary report, the accident happened on Sunday morning, on the N2 Northbound, just after Mthunzini Toll Plaza.
It involved a tow truck and a Hyundai H-1 minibus carrying 24 members of the Zion Christian Church, who were travelling to Dukuduku, near Mtubatuba.
“On this Mother’s Day, early this morning around 6:47 am, I received a report from our highly dedicated team from Road Traffic Inspectorate (RTI), informing me about a horrific accident that claimed the lives of nine people, mostly mothers. We have been informed by the RTI and emergency rescue services that a tow truck struck the rear end of the Hyundai H-1, resulting in fatalities and serious injuries,” Duma said on Sunday.
Duma said injured people were taken to nearby hospitals for treatment, and extended wishes for their speedy recovery.
“Losing a mother is a deeply painful experience that marks the radical change of the family’s life and involves a wide range of sad emotions,” Duma said.
The MEC said that a dedicated team from the department has been deployed to support the affected families and liaise with the church during this difficult period.
“I have also instructed the RTI to coordinate with the Road Traffic Management Corporation to ensure a thorough investigation into the cause of this devastating crash.” – SAnews.gov.za
Like many other members of his right-wing coalition, Netanyahu appeared delighted at the election of Trump as U.S. president in November, believing that the Republican’s Middle East policies would undoubtedly favor Israeli interests and be coordinated closely with Netanyahu himself.
But it hasn’t quite played out that way. Of course, Washington remains – certainly in official communications – Israel’s strongest global ally and chief supplier of arms. But Trump is promoting a Middle East policy that is, at times, distinctly at odds with the interests of Netanyahu and his government.
As a historian of Israel and the broader Middle East, I recognize that in key ways Trump’s agenda in Riyadh represents a continuation of the U.S. policies, notably in pursuing security relationships with Arab Gulf monarchies – something Israel has long accepted if not openly supported. But in the process, the trip could also put significant daylight between Trump and Netanyahu.
Trump’s official agenda
The four-day trip to the Gulf, Trump’s first policy-driven foreign visit since being elected president, is on the surface more about developing economic and security ties between the U.S. and traditional allies in the Persian Gulf.
Trump is expected to cement trade deals worth tens of billions of dollars between the U.S. and Arab Gulf States, including unprecedented arms purchases, Gulf investments in the U.S. and even the floated Qatari gift of a palatial 747 intended for use as Air Force One.
There is also the possibility of a security alliance between the U.S. and Saudi Arabia.
So far, so good for Israel’s government. Prior to the Oct. 7 attacks, Israel was already in the process of forging closer ties to the Gulf states, with deals and diplomatic relations established with the United Arab Emirates and Bahrain through the Abraham Accords that the Trump administration itself facilitated in September 2020. A potential normalization of ties with Saudi Arabia was also in the offing.
Dealing with Tehran
But central to the agenda this week in Riyadh will be issues where Trump and Netanyahu are increasingly not on the same page. And that starts with Iran.
While the country won’t be represented, Iran will feature heavily at Trump’s summit, as it coincides with the U.S. administration’s ongoing diplomatic talks with Tehran over its nuclear program. Those negotiations have now concluded four rounds. And despite clear challenges, American and Iranian delegations continue to project optimism about the possibility of reaching a deal.
The approach marks a change of course for Trump, who in 2018 abandoned a similar deal to the one he is now largely looking to forge. It also suggests the U.S. is currently opposed to the idea of direct armed confrontation with Iran, against Netanayhu’s clear preference.
Diplomacy with Tehran is also favored by Gulf states as a way of containing Iran’s nuclear ambitions. Even Saudi Arabia – Tehran’s long-term regional rival that, like Israel, opposed the Obama-era Iran nuclear diplomacy – is increasingly looking for a more cautious engagement with Iran. In April, the Saudi defense minister visited Tehran ahead of the recent U.S.-Iranian negotiations.
Netanyahu has built his political career on the looming threat from a nuclearized Iran and the necessity to nip this threat in the bud. He unsuccessfully tried to undermine President Barack Obama’s initial efforts to reach an agreement with Iran – resulting in 2015’s Iran nuclear deal. But Netanyahu had more luck with Obama’s successor, helping convince Trump to withdraw from the agreement in 2018.
So Trump’s about-turn on Iran talks has irked Netanyahu – not only because it happened, but because it happened so publicly. In April, the U.S. president called Netanyahu to the White House and openly embarrassed him by stating that Washington is pursuing diplomatic negotiations with Tehran.
Split over Yemen
A clear indication of the potential tension between the Trump administration and the Israeli government can be seen in the ongoing skirmishes involving the U.S., Israel and the Houthis in Yemen.
After the Houthis fired a missile at the Tel Aviv airport on May 4 – leading to its closure and the cancellation of multiple international flights – Israel struck back, devastating an airport and other facilities in Yemen’s capital.
But just a few hours after the Israeli attack, Trump announced that the U.S. would not strike the Houthis anymore, as they had “surrendered” to his demands and agreed not to block passage of U.S. ships in the Red Sea.
It became clear that Israel was not involved in this new understanding between the U.S. and the Houthis. Trump’s statement was also notable in its timing, and could be taken as an effort to calm the region in preparation of his trip to Saudi Arabia. The fact that it might help smooth talks with Iran too – Tehran being the Houthis’ main sponsor – was likely a factor as well.
Timing is also relevant in Israel’s latest attack on Yemeni ports. They took place on May 11 – the eve of Trump setting off for his visit to Saudi Arabia. In so doing, Netanyahu may be sending a signal not only to the Houthis but also to the U.S. and Iran. Continuing to attack the Houthis might make nuclear talks more difficult.
Israel’s Prime Minister Benjamin Netanyahu warns of the Iran nuclear threat at the United Nations in 2012. Mario Tama/Getty Images
This, many political commentators have argued, is the main reason why Netanyahu backed off from the last stage of the ceasefire agreement with Hamas in March – something which would have required the withdrawal of the Israeli army from the Gaza Strip.
Since the collapse of the ceasefire, Israel’s army has mobilized in preparation for a renewed Gaza assault, scheduled to start after the end of Trump’s trip to the Gulf.
With members of the Netanayhu government openly supporting the permanent occupation of the strip and declaring that bringing back the remaining Israeli hostages is no longer a top priority, it seems clear to me that deescalation is not on Netanyahu’s agenda.
Trump himself has noted recently both the alarming state of the hostages and the grave humanitarian crisis in Gaza. Now, in addition to the release of Israeli-American hostage Edan Alexander, the U.S. is also engaged in negotiations with Hamas over ceasefire and aid – ignoring Netanyahu in the process.
The bottom dollar
Current U.S. policy in the region may all be serving a greater aim for Trump: to secure billions of dollars of Gulf money for the American economy and, some have said, himself. But to achieve that requires a stable Middle East, and continued war in Gaza and Iran inching closer to nuclear capabilities might disrupt that goal.
Of course, a diplomatic agreement over Tehran’s nuclear plans is still some way off. And Trump’s foreign policy is notably prone to abrupt turns. But whether guided by a dealmaker’s instincts to pursue trade and economic deals with wealthy Gulf states, or by a genuine – and related – desire to stabilize the region, his administration is increasingly pursuing policies that go against the interests of the current Israeli government.
Asher Kaufman does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
DALIAN, China, May 12, 2025 (GLOBE NEWSWIRE) — CBAK Energy Technology, Inc. (NASDAQ: CBAT) (“CBAK Energy”, or the “Company”), a leading lithium-ion battery manufacturer and electric energy solution provider in China, today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025 on Monday, May 19, 2025, before the U.S. market opens. The earnings results will be available on the Company’s Investor Relations website, and will be filed with the Securities and Exchange Commission on a Form 8-K.
CBAK Energy’s management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Monday, May 19, 2025 (8:00 PM Beijing/Hong Kong Time on May 19, 2025).
For participants who wish to join our call online, please visit:
Participants who plan to ask questions at the call will need to register at least 15 minutes prior to the scheduled call start time using the link provided below. Upon registration, participants will receive the conference call access information, including dial-in numbers, a unique pin and an email with detailed instructions.
Once completing the registration, please dial-in at least 10 minutes before the scheduled start time of the conference call and enter the personal pin as instructed to connect to the call.
CBAK Energy Technology, Inc. (NASDAQ: CBAT) is a leading high-tech enterprise in China engaged in the development, manufacturing, and sales of new energy high power lithium and sodium batteries, as well as the production of raw materials for use in manufacturing high power lithium batteries. The applications of the Company’s products and solutions include electric vehicles, light electric vehicles, energy storage and other high-power applications. In January 2006, CBAK Energy became the first lithium battery manufacturer in China listed on the Nasdaq Stock Market. CBAK Energy has multiple operating subsidiaries in Dalian, Nanjing, Shaoxing and Shangqiu, as well as a large-scale R&D and production base in Dalian.
This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, including statements regarding our future results of operations and financial position, strategy and plans, and our expectations for future operations, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements.
Any forward-looking statements contained in this press release are only estimates or predictions of future events based on information currently available to our management and management’s current beliefs about the potential outcome of future events. Whether these future events will occur as management anticipates, whether we will achieve our business objectives, and whether our revenues, operating results, or financial condition will improve in future periods are subject to numerous risks. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: significant legal and operational risks associated with having substantially all of our business operations in China, that the Chinese government may exercise significant oversight and discretion over the conduct of our business and may intervene in or influence our operations at any time, which could result in a material change in our operations and/or the value of our securities or could significantly limit or completely hinder our ability to offer or continue to offer securities to investors and could cause the value of such securities to significantly decline or be worthless, the effects of the global Covid-19 pandemic or other health epidemics, changes in domestic and foreign laws, regulations and taxes, the volatility of the securities markets; and other risks including, but not limited to, the ability of the Company to meet its contractual obligations, the uncertain markets for the Company’s products and business, macroeconomic, technological, regulatory, or other factors affecting the profitability of our products and solutions that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 10-K as well as in our other reports filed or furnished from time to time with the SEC. You should read these factors and the other cautionary statements made in this press release. If one or more of these factors materialize, or if any underlying assumptions prove incorrect, our actual results, performance or achievements may vary materially from any future results, performance or achievements expressed or implied by these forward-looking statements. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.
For further inquiries, please contact:
In China:
CBAK Energy Technology, Inc. Investor Relations Department Email: ir@cbak.com.cn
Source: People’s Republic of China – State Council News
An aerial drone photo taken on March 12, 2024 shows the BYD battery factory in Manaus, capital of Amazonas state, Brazil. [Xinhua]
Invoked by the 18th-century English writer Samuel Johnson, the phrase “From China to Peru” once conjured images of distant lands bound only by imagination. Today, it sketches a far more concrete arc — marked by shipping lanes, megaports and logistics corridors — linking China and Latin America across the Pacific.
This transformation has gathered pace over the past decade, thanks in large part to the China-CELAC (Community of Latin American and Caribbean States) Forum, a cooperative mechanism launched under the aegis of Chinese President Xi Jinping. What Xi once described as “a young seedling” has since taken firm root.
Ten years on, this mechanism has matured into a key platform for South-South collaboration that has drawn China and Latin America and the Caribbean (LAC) into a closer partnership across political, economic, cultural and other domains.
The forum’s fourth ministerial meeting is set to take place on Tuesday in Beijing. Xi will address its opening ceremony and unveil new initiatives and measures to promote closer ties.
Qiu Xiaoqi, the Chinese government’s special representative for Latin American affairs, said the upcoming meeting is expected to deliver a message of peace, development and cooperation amid global turbulence, charting a new chapter in China-LAC relations.
TOP-LEVEL DESIGN
China and countries in Latin America and the Caribbean are fellow developing nations that hold common political aspirations, face similar development tasks, and can benefit from complementary economic strengths.
Spanning one-fifth of the world’s land area and accounting for a quarter of the global population and economy, China and the LAC combined represent one of the most dynamic and promising regions on the planet.
“Our shared aspiration for independence, development and rejuvenation has brought us closer together,” Xi said.
Since the turn of the century, ties between the two sides have grown rapidly. Both sides realized they needed something more than the traditional one-on-one tango — a broader framework for cooperation.
During the CELAC summit in Cuba in early 2014, Latin American and Caribbean leaders expressed support for such a framework. Xi welcomed the move, saying that “the time is ripe.”
In July 2014, Xi flew half the globe for his second visit to the region as head of state. He was heading for a BRICS summit in Brazil, state visits to some countries in the region, and a historic moment — the first meeting between leaders of China and Latin America and the Caribbean.
In the Brazilian capital Brasilia, the leaders announced the establishment of the China-CELAC Forum, an institutional framework to advance the vision of building a China-LAC community with a shared future.
At the meeting, Xi laid out the guiding principles for this comprehensive cooperative partnership — equality, mutual benefit and common development. Backing his proposal was a roadmap driven by trade, investment and finance.
Six months later, the inaugural ministerial meeting of the forum was held in Beijing, turning the vision of an overall cooperation platform covering China and all 33 countries in Latin America and the Caribbean into reality.
Observers said this marked a new phase of China-LAC ties, where China’s cooperation with the region as a whole complements and strengthens its bilateral relations with individual regional countries.
Xi proposed principles for the forum’s growth — equal partnership, shared wins, flexibility and pragmatism, and openness and inclusivity.
Comparing it to a seedling just breaking through the soil, he said that “the forum needs the dedication and cultivation of both sides for it to grow bigger and stronger.”
In the decade that has followed, Xi has provided consistent support to nurture this forum. At each of the three previous ministerial meetings, he offered clear guidance that helped shape the forum’s development at key moments in its evolution.
Under the guidance of Xi and his Latin American and Caribbean counterparts, the forum now hosts a constellation of institutional interactions such as ministerial meetings, dialogues among foreign ministers, coordinators’ meetings, and a growing number of specialized sub-forums ranging from digital technology to poverty reduction.
Chai Yu, director of the Institute of Latin American Studies at the Chinese Academy of Social Sciences, said Xi has led by example in advancing the forum’s development, which is key to deepening political trust and building consensus on cooperation.
COMMON DEVELOPMENT
Chancay, a modest city on the Peruvian coast, has been transformed into a megaport equipped with towering cranes and unmanned trucks.
Last November, Xi and his Peruvian counterpart Dina Boluarte inaugurated the port via video link from the capital Lima, marking the launch of South America’s first smart port.
Built in just three years through Chinese-Peruvian collaboration, the port shortens the shipping time across the Pacific by nearly one-third, reduces logistics costs by 20 percent, and is expected to create over 8,000 direct jobs.
Boluarte lauded the project as a bold stride toward “deeper integration and shared prosperity with China” and “a gateway opening Latin America to the vibrant promise of the Asia-Pacific.”
Chancay’s story is the latest episode in the booming cooperation under the China-CELAC Forum. Across the region, more than 200 Chinese infrastructure projects have been launched — generating over 1 million jobs.
In Brazil, an ultra-high-voltage transmission project has overcome challenges in delivering clean hydropower over vast distances from the Amazon. In Jamaica, a Chinese-built highway has cut cross-island travel time by more than half, while in Bolivia, satellite collaboration has enabled free television access for half a million households.
Visitors learn about coffee beans at the booth of Honduras at the 6th China International Import Expo (CIIE) in east China’s Shanghai, Nov. 6, 2023. [Xinhua]
Numbers tell a compelling story. Trade between China and the region reached 518.4 billion U.S. dollars in 2024, doubling the figure recorded a decade ago. By 2023, Chinese investment in the region had exceeded 600 billion dollars. These figures have exceeded the goals announced by Xi when he and Latin American and Caribbean leaders met in 2014 to plan for closer cooperation.
As the second-largest trading partner of Latin America and the Caribbean, China now has more free trade agreements in the region than anywhere outside Asia.
One such deal with Chile has turned premium cherries into a symbol of thriving cross-Pacific commerce. In 2024, Chile’s cherry exports surged 51.4 percent to 3.57 billion dollars — with over 90 percent going to China.
“The Chinese market has created a positive ripple effect in Chile, generating jobs across the supply chain, from harvesting to packaging,” said Hernan Garces Gazmuri, a Chilean cherry producer who moved his family to Shanghai for greater business opportunities.
As Pavel Aleman, a Cuban scholar from the University of Havana, pointed out, China-LAC cooperation is mutually beneficial in essence, with China’s economic vitality fueling Latin America’s development, while the region plays a vital role in supporting China’s continued growth.
“Deeper cooperation between the two sides can help offset the impact of tariff barriers and effectively counter global risks,” he said.
Xi’s signature Belt and Road Initiative (BRI) has brought China into closer partnership with countries across the vast Pacific. To date, more than 20 countries in the region have joined the Belt and Road cooperation framework, and 10 countries have signed cooperation plans with China under the initiative.
Xi once described Latin America as a natural extension of the 21st Century Maritime Silk Road — an essential pillar of the BRI. He emphasized China’s commitment to strengthening cooperation with the region, aligning development strategies and promoting shared growth.
“As we roll out the blueprint for the BRI, we strive to forge a route of cooperation across the Pacific, in order to draw closer the two lands of abundance of China and Latin America and the Caribbean,” Xi said in his congratulatory message to the second ministerial meeting of the China-CELAC Forum.
Beyond trade and investment, collaboration between China and this region has also deepened in the fields of science, technology and environmental protection. China has supported joint Earth-resource satellite programs with Brazil, contributing to efforts aimed at curbing deforestation and preserving biodiversity in the Amazon.
Xi said China and Latin America and the Caribbean should promote joint development to contribute to strong, sustainable, balanced and inclusive growth of the global economy.
HEART-TO-HEART CONNECTIONS
Xi has long believed that strong state-to-state relations are built on people-to-people connections. Over his six trips to the region as head of state, he made a point of engaging with everyday people despite tight schedules.
In Costa Rica, Xi visited the home of a coffee grower who showed him around his house and plantation. Over a cup of coffee, Xi chatted with the family and shared that he, too, had rural beginnings — having spent years working the land in his youth.
A girl learns Chinese calligraphy at the 4th edition of the Chinese New Year cultural festival at the National Arts Center in Mexico City, capital of Mexico, Jan. 25, 2025. [Xinhua]
His engagement has ignited vibrant people-to-people exchanges, with cultural festivals, youth projects and journalist initiatives flourishing under the China-CELAC Forum.
To date, China has provided the region with 17,000 government scholarships and 13,000 training opportunities. It has signed 26 educational cooperation agreements or memoranda of understanding with 19 countries and established 68 Confucius Institutes or Confucius Classrooms in the region.
Connections between China and the region have also been strengthened through practical measures — such as the launch of new direct air routes and the inclusion of more Latin American countries in China’s 240-hour visa-free transit program.
As many countries in the region now officially celebrate the Chinese New Year, a growing number of Chinese travelers have headed to Latin America in recent years — some for business, others as tourists drawn by the region’s stunning landscapes and rich cultural diversity.
These efforts have brought China and the region closer than ever, said Qiu, the Chinese government’s special representative for Latin American affairs.
Both China and Latin America are home to ancient histories and flourishing civilizations. For Xi, civilizations grow richer and more colorful through exchanges and mutual learning.
In 2013, at Mexico’s Chichen Itza, Xi explored ancient Maya ruins with archaeologist Jose Huchim Herrera. Amid stepped pyramids and temples, he inquired about the features of the ruins, such as the meaning of carved reliefs.
His questions revealed a deep curiosity about the host civilization, said Huchim Herrera.
In a signed article published last November ahead of his visit to Peru, Xi highlighted a cultural connection by pointing out the resemblance between the Incan gold masks unearthed in Peru and those discovered at the Sanxingdui archaeological site in southwest China’s Sichuan Province.
That same month, a joint exhibition in the ancient city of Cusco showcased dazzling gold artifacts, bronze statues, jade treasures and wooden relics from Sichuan’s Sanxingdui and Jinsha sites, captivating nearly 10,000 Peruvian visitors.
Daniel Grimaldi, executive director of the think tank Chile 21, praised exchanges between Chinese and Latin American civilizations for opening new channels of communication. Such interactions, he said, strengthen ties through mutual respect and open dialogue, while supporting both sides on their shared journey toward modernization.
As Xi has said, in a globalization and information age, the Pacific is no barrier but rather a bond and a bridge.
BANGKOK, May 12, 2025 (GLOBE NEWSWIRE) — Bitget, the leading cryptocurrency exchange and Web3 company, has mobilized relief efforts for vulnerable communities in Myanmar following the devastating 7.7 magnitude earthquake that struck the Sagaing region on March 28. The disaster, which sent tremors as far as Bangkok, compounded existing hardships in an area already grappling with civil unrest and economic instability.
In coordination with local partners, Bitget delivered 150 Emergency Resilience Kits to high-risk families, including those who lost homes, were caring for infants or elderly relatives, or had received minimal aid. Each kit provided comprehensive support: hygiene essentials to prevent disease, sleeping mats and blankets for displaced families, cooking tools to restore daily routines, water filters for safe drinking water, and basic medicines to address urgent health needs.
The operation was not without its challenges. Navigating security risks, logistical hurdles, and the potential for aid diversion in a conflict zone required meticulous planning and deep community trust. Bitget’s partners on the ground leveraged their local expertise to ensure equitable distribution, reaching families whose needs might otherwise have been invisible in the chaos of crisis response.
“True humanitarian action isn’t just about meeting urgent needs—it’s about seeing the unseen,” said Bitget CEO Gracy Chen. “As the second-largest crypto exchange ecosystem, we believe that real growth in our industry must be matched by real responsibility. Crypto was built on the ideals of empowerment and global connection. In times of crisis, these ideals must be translated into action. Our support for Myanmar’s affected communities is a reminder that innovation must go hand-in-hand with human impact. As we help build the future of finance, we are equally committed to building a future where no one is left behind,” she added.
The impact extended beyond material relief. For displaced families living in overcrowded temporary shelters, the kits alleviated pressure on shared resources. For others, they represented the first semblance of stability since the disaster struck, a signal that they had not been forgotten.
As recovery efforts continue in Sagaing, Bitget’s initiative serves as a small reminder that effective crisis response begins with listening and learning. By combining swift action with deep local understanding, we were able to offer support where it was needed most—one family, one community at a time.
About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 120 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.
Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.
Risk Warning:Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to ourTerms of Use.
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GREENWICH, Conn., May 12, 2025 (GLOBE NEWSWIRE) — Oxford Lane Capital Corp. (NasdaqGS: OXLC) (NasdaqGS: OXLCP) (NasdaqGS: OXLCL) (NasdaqGS: OXLCO) (NasdaqGS: OXLCZ) (NasdaqGS: OXLCN) (NasdaqGS: OXLCI) (NasdaqGS: OXLCG) announced today that it will hold a conference call to discuss its fourth fiscal quarter earnings on Monday, May 19, 2025 at 9:00 AM ET. The toll-free dial-in number is 1-833-470-1428, access code number 818188. There will be a recorded replay of the call available for 30 days after the call. If you are interested in hearing the recording, please dial 1-866-813-9403. The replay pass-code number is 138532.
About Oxford Lane Capital Corp.
Oxford Lane Capital Corp. is a publicly-traded registered closed-end management investment company principally investing in debt and equity tranches of collateralized loan obligation (“CLO”) vehicles. CLO investments may also include warehouse facilities, which are financing structures intended to aggregate loans that may be used to form the basis of a CLO vehicle.
Source: The Conversation – UK – By Julie M. Norman, Senior Associate Fellow on the Middle East at RUSI; Associate Professor in Politics & International Relations, UCL
Israel’s prime minister, Benjamin Netanyahu, declared on May 5 that his government intends to intensify military operations and indefinitely reoccupy Gaza. The announcement has dashed hopes for a permanent ceasefire and the release of the remaining hostages held by Hamas.
The plan, which was unanimously approved by Israel’s security cabinet, includes displacing Gaza’s 2.1 million inhabitants to a single “humanitarian area” on less than a quarter of Gaza’s territory. This will result in Palestinians leaving “in great numbers to third countries”, said Israel’s far-right finance minister, Bezalel Smotrich.
It is tempting to view the plan as another move by Netanyahu to placate the hard-right members of his coalition. It can also be viewed as a pressure tactic on Hamas – a threat to force the militant group to agree to a short-term ceasefire ahead of the visit of the US president, Donald Trump, to the Middle East from May 13.
However, Netanyahu’s announcement is much more than rhetorical sabre-rattling. Israel’s recent operations in Gaza indicate that the plan should be taken literally and seriously. Since March, when the war in Gaza resumed following a temporary ceasefire, Israel has declared about 70% of the enclave either a military “red zone” or under evacuation.
The new plan affirms what many have long feared: that expanding territorial control is not merely a short-term military tactic but a long-term occupation. In my view, this will only bring more suffering for Palestinians, less security for Israel, and more instability to the region.
The humanitarian crisis in Gaza cannot be overstated. Many observers have described the current situation as the worst of any time during the past 18 months.
The flow of humanitarian aid to Gaza has been politicised and widely criticised throughout the war, often slowing to a trickle. However, at least some aid trucks were allowed to pass into the Strip from late October 2023, shortly after the war began. This was followed by a surge of aid during the ceasefire in January and February 2025.
But no food, fuel or medicines have entered Gaza since early March. This has led to near-famine conditions and the breakdown of the few remaining healthcare services.
Israel’s proposed plan would forcibly move Gazans, nearly all of whom have already been displaced multiple times, into militarised “sterile zones” in the south. Humanitarian aid would be managed there by the Israel Defense Forces (IDF) and private US companies.
Deteriorating humanitarian conditions, combined with further displacement, will only create more security challenges for Israel. Entrenched occupation fuels armed resistance and further mobilises insurgency.
The US saw this following its 2003 invasion of Iraq, which resulted in over 8,000 US military personnel and contractors being killed. Israel has repeatedly faced the rise of armed militant groups in response to prolonged military occupations in Lebanon, Gaza and the West Bank.
Hamas has already dismissed further ceasefire talks in the wake of the new plan, and the group is seemingly having no trouble recruiting new members to its military wing. This has ensured a costly deployment for IDF ground troops.
It goes without saying that Hamas should release all of the remaining hostages – and should have done so long ago. But Hamas now sees little incentive to do so when Israeli ministers are calling for what appears to be the complete destruction of Gaza, with or without a hostage release.
A renewed occupation of Gaza will also further complicate regional dynamics. Arab states that have promised billions of dollars for Gaza’s reconstruction, alongside a credible plan for a two-state solution, will balk at subsidising Israeli military control.
The stalled US-backed normalisation deal between Israel and Saudi Arabia, which has long been sought both by the Trump and Biden administrations, will probably be pushed even further back. It may even be abandoned entirely if Israel retrenches in Gaza.
And any US involvement in Israel’s new Gaza plan could complicate negotiations between the US and Iran over Tehran’s nuclear programme. The Iranian foreign minister, Abbas Araghchi, has already accused Netanyahu of dragging the US into a “disaster” in the Middle East by “attempting to brazenly dictate” what Trump can and cannot do in his diplomacy with Iran.
But perhaps most importantly, the reoccupation of Gaza – coupled with incursions, annexations and settlement expansion in the West Bank – communicates in no uncertain terms that the Israeli government is torpedoing any pathway to a two-state solution.
This has long been clear to Palestinians and many onlookers. Most realists accepted that any moves towards Palestinian self-determination would be non-starters in the aftermath of the October 7 attacks on southern Israel.
However, Israel’s friends in the international community, especially in Europe, have been holding on to the hope that Israel would eventually come back to the two-state framework. This latest plan calls their bluff.
France and the UK are already in discussion about possibly recognising Palestine as a state at a conference in June. The UK has long preferred recognition as part of a peace process towards two states, rather than a symbolic gesture.
But a retrenched “capture” of Gaza, combined with another massive civilian displacement, may speed up serious consideration of this recognition – while there is still Palestinian territory left to recognise.
Julie M. Norman does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
It was May 4 1975. The Japanese Women’s Everest Expedition team had been living at a high altitude for six weeks, and were less than a week away from their scheduled bid for the summit of Mount Everest. Exhausted, having established camp five at just below 8,000m on the south side of the mountain, Junko Tabei and the team descended to camp two at 6,300m to rest.
Then – avalanche!
In the early hours, tons of ice and snow engulfed the camp, burying several of the teammates. Crushed by the snow and ice, Tabei was unable to move. It took the strength of four Sherpas, the elite Nepali climbing guides assisting the expedition, to pull her out. Suffering severe bruising, Tabei argued that she did not need to be returned to base camp to recover, and would remain at camp two.
“There was no way I was leaving the mountain,” she later recalled in her memoir.
It had taken five years for this group – the first all-women team – to get to Everest. The pressure on them to succeed was immense, given the limited number of annual international permits to climb Mount Everest issued by the Nepalese government. If they gave up, they might have to wait several years to make another attempt.
Meanwhile, on the Tibetan side of the mountain, Tabei’s team had competition. A 200-strong Chinese team was also working to place a woman on the summit at the same time.
From the late 1950s, Tibetan women were recruited to participate in state-sponsored Chinese mountaineering expeditions. In 1958, Pan Duo had been selected to participate in the successful Chinese 1960 Everest expedition – but was ordered to remain below 6,400 metres because above that height was “a man’s world”. Nonetheless, Pan Duo – referred to as “Mrs Phanthog” in some older accounts – was celebrated in her country and elected deputy captain of the 1975 Chinese Everest Expedition.
Unfortunately, the Chinese team suffered a climbing accident resulting in the death of a team member. They retreated to recover – only to be ordered by the Chinese government to “climb ahead of the Japanese women”.
They were too late. On May 16 1975, the all-women Japanese expedition worked together to place Tabei on the summit of Everest. Two team members – Tabei and Yuriko Watanabe – had been nominated to make the summit attempt. However, other teammates were suffering from altitude sickness, so Watanabe was assigned to help return them to camp two.
The ascent Tabei was making was arduous. Given her injuries, it took great tenacity to muster the strength to continue. But finally, she took her last steps to the summit, becoming the first woman and 40th person, according to the latest official record, to summit the peak. She was part of only the tenth successful Everest expedition, later recalling:
I felt pure joy as my thoughts registered: ‘Here is the summit. I don’t have to climb any more.’
Eleven days later, the Chinese team returned to the high slopes to make another attempt. Using minimal oxygen, Pan Duo was also successful, becoming the second woman to summit Everest – and the first to climb the harder northern side of the mountain.
Prior to these two successful expeditions, only 38 people had summited Everest – all of them men. News of Tabei’s feat travelled fast across Asia, leading to national celebrations in Japan, Nepal and India. But it made little impact in the west.
In my own career as both a mountaineer and researcher of adventure tourism, I had been struck by how few women I encountered on the mountainside. I wanted to understand why this might be, and what women had achieved. It was through this research that I discovered Tabei’s story.
I was astonished both by her achievements – she is also the first woman to complete the “Seven Summits”, climbing the highest peaks on every continent – and by how few prominent mountaineering organisations and mountaineers appeared to know about her.
Tabei’s bravery helped her lead record-setting all-women expeditions and overcome the mountain of sexism in this male-dominated space. Yet very few organisations, even in Japan, have thought to celebrate the 50th anniversary of the first ascent of Everest by a woman.
Breaking the mould
Historically, men have dominated the public record in mountaineering. In the last few years, the 70th anniversary of the first summit of Everest in 1953 by Sir Edmund Hillary and Tenzing Norgay has been marked, along with the centenary of the unsuccessful and fatal attempt by George Mallory and Andrew Irvine in 1924.
During that period, women were excluded from many mountaineering clubs. When they did join, they often faced prejudice, were discouraged and sometimes not permitted to publish records of their adventures. In 1975, women were finally admitted to the Alpine Club, the first and one of the most prestigious climbing institutions.
At a time when Japanese women were expected to remain at home, many members of the Japanese Women’s Everest Expedition, including Tabei, were working, with two of them also raising children. Tabei’s daughter, Noriko, was three at the time of her Everest summit. Tabei later revealed that the expedition encountered significant resistance:
Most of the men in the alpine community opposed our plan, claiming it would be impossible for a women-only expedition to reach Everest.
As a married woman and the assistant expedition leader, Tabei felt torn between motherhood and mountaineering, explaining: “Although I would never forfeit Everest, I felt pulled in the two directions of mountains and motherhood.”
Facing unsympathetic attitudes from team members when childcare conflicts arose, Tabei realised she needed to put in extra effort to prove herself as a leader.
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Years before the Everest expedition, Tabei and other Japanese women were already logging major climbing achievements across the globe. These included the first ascent of the north face of the Matterhorn by an all-women’s team in 1967, and the first all-women’s Japanese expedition to the Himalayas in 1970 to climb Annapurna III. Tabei was both the first woman and Japanese person to ascend the peak.
This set the scene for the Japanese Women’s Everest Expedition. To locate and train suitable candidates for the expedition, Tabei helped establish the Joshi-Tohan Japanese Ladies Climbing Club, founded on the slogan: “Let’s go on an overseas expedition by ourselves.”
Tabei’s contribution to women’s high-altitude mountaineering was astounding. To reach Everest, she defied mid-20th-century social norms that tied Japanese women to domestic roles, later musing: “I tried to picture myself as a traditional Japanese wife who followed her husband. The idea never sat well with me.”
Throughout her career, Tabei contributed significantly to the emerging culture of women’s climbing and mountaineering expeditions. She felt strongly that climbing with other women was more rewarding because there was greater physical equality.
In 1992, she became the first woman to ascend the highest peaks on all seven continents. Using her celebrity, Tabei was also an activist for environmental change in high-altitude regions, having grown appalled by the degradation of fragile mountain glaciers that was being caused by the mountaineering industry.
Film by 4GTV Nepal.
With her friend and Everest teammate Setsuko Kitamura, Tabei established the first Mount Everest conference in 1995, inviting all 32 women who had by then successfully climbed Everest (not all attended). Under her leadership, this transnational exchange created a space to celebrate women’s mountaineering achievements.
Soon after her Everest achievement, Tabei had been a symbol of social progress and women’s emancipation at the UN International Women’s Year world conference. Yet her status as one of the greatest high-altitude mountaineers has since faded from the public eye. This has much to do with the stories we tell about man – and it’s almost always a man – vs. nature.
Telling her own story
Hillary’s much-lauded autobiography, High Adventure (1955), was published two years after his first successful ascent of Everest. In contrast, it was 42 years after her ascent before Tabei’s memoir, Honouring High Places, was published and translated.
The way Japanese women’s experiences were represented in the media did not, in Tabei’s view, represent the reality of women’s experiences. She was particularly perplexed by the inability of the press to see beyond her gender. She was repeatedly asked how it felt “as a woman” to climb at high altitudes.
Portrayals of Tabei focused on her stature as a small Japanese woman. This only reinforced the perception that women like her did not fit the norm of the heroic white, male mountaineer. She reflected:
When people meet me for the first time, they are surprised by my size. They expect me to be bigger than I am, more strapping, robust, like a wrestler … I was always puzzled by this, by people’s obsession with the physical appearance of a mountaineer.
To counter this narrative, Tabei brought a new approach to writing about Japanese women mountaineers’ achievements – challenging the tendency of traditional Japanese expedition publications to gloss over the harsh realities of expedition life.
Critical of the flowery and vain writing style of these reports, Tabei’s frank accounts reported on the “unkinder side of human behaviour”. Making tough choices was particularly difficult for women, she wrote, because of their social conditioning to be a “good person”:
It was unusual enough to be a female climber in that era of yesteryear, let alone to make a stand in front of your friends that would possibly upset them.
Transcending these social norms had a personal impact. Tabei lamented that, although “I remained strong-willed about Everest, tears of doubt fell down my cheeks at night”.
Her honesty was criticised by some in the established mountaineering community in Japan, particularly in her published account, Annapurna: Women’s Battle, which expressed the raw emotions and feelings experienced on their 1970 expedition. Tabei shared “the feelings of the team members when things failed to go in the direction they had envisioned … We put our honest experiences on paper”.
Reflecting on how she had to overcome social norms to lead the expedition – “In my day, we were strictly advised that being different was abnormal” – Tabei concluded that: “A person must be able to voice her opinion without worrying about criticism.”
A problem of representation
Ever since the late 1850s, women have made a significant yet often-hidden contribution to mountaineering. It retains a powerful legacy of male-dominated clubs and governing institutions founded on masculine norms such as risk-taking. This has often cast mountaineering achievements in a way that privileges men.
Clubs established traditions based on the first ascents of mountains – very few of which were made by women. Their absence from leading mountaineering clubs and lack of representation in published club journals meant their achievements were often attributed to male companions.
In 1872, the American climber Meta Brevoort felt it best, due to social prejudice, to publish her extraordinary first ascents in the European Alps under the name of her nephew, William A.B. Coolidge. Mountaineer and author David Mazel notes that Brevoort’s account was “carefully written to conceal the author’s sex”.
Mountain exploration and climbing have traditionally been framed as heroic endeavours dominated by men. Figures such as Hillary, Mallory and Reinhold Messner are celebrated for their bravery, strength and leadership — traits associated with masculinity.
Early mountaineering narratives often emphasised physical endurance, dominance over nature, and the ability to withstand extreme conditions – reinforcing ideas of masculine heroism. Mountains as towering, imposing and seemingly unconquerable landscapes have been metaphorically linked to power and challenge.
Traditions that have been passed down through generations – from ascent styles to route names – have also been synonymous with masculinity. In the words of mountaineering historian Walt Unsworth, climbing Everest “is the story of Man’s attempts to climb a very special mountain”.
This has had real-world consequences for mountaineering. Today, only 6% of British mountain guides are women, while globally, less than 2% of those registered to the International Federation of Mountain Guide Association (IFMGA) are women. If you don’t see your face reflected, it becomes a daunting prospect to imagine yourself in mountaineering – whether as a mountain guide, or an amateur mountaineer like me.
By 2024, women represented 13% of all Everest summiteers since 1953, yet their stories are seldom told. White, male, able-bodied and middle-class voices dominate representations in published records and popular portrayals of adventure on the world’s highest mountain.
As anthropologist Sherry B. Ortner attests, this is not surprising given mountaineering’s history as a western imperialist and colonising project that aimed to conquer nations and nature, built upon all-male institutions. Yet men and women have the same statistical odds of making a successful summit or dying on Everest.
Julie Rak, in her book False Summit, shows how some accounts can treat women’s achievements with ambivalence, and at worst question their authenticity. It has even been suggested that Tabei was effectively dragged up the mountain by her friend, the male Sherpa Ang Tsering.
Having suffered significant trauma following the avalanche that nearly wiped out their 1975 expedition, Tabei showed enormous courage and resilience to summit Everest just a few days later. She describes the ascent as difficult – and yes, accepted help from Ang Tsering – but this was her achievement, not a “stunt” to be denied by those who were not even present.
Diversity on the mountain
Since Tabei’s Everest summit, mountaineering has undergone changes as a sport, shifting from an elite, exploratory pursuit to a commercialised industry where wealthy clients can hire companies to reach summits with professional support.
From the late 1980s, high-altitude mountaineering became a valuable tourism commodity. Seizing the opportunity to boost tourism, the Nepalese government began to issue more permits, fuelling the growth of commercial companies offering clients the opportunity to be guided up 8,000-metre summits. In 2023, Nepal welcomed over 150,000 high-altitude trekking and mountaineering visitors, with 47 teams attempting to climb Everest.
Yet despite the popularity and commercialisation of the sport, mountaineering remains stubbornly resistant to diversity.
Scholar Jennifer Hargreaves argues that women have been excluded from being represented as the “sporting hero”. What constitutes our cultural identity, meaning and values almost exclusively solidifies heroic masculinity in most forms of sport, including mountaineering.
And much of this is due to the stories that are – not – told.
Delphine Moraldo’s research found that of the mountaineering autobiographies published in Britain and Europe from the late 1830s to 2013, only 6% were written by women.
Historically, literary representations of women mountaineers have often been met with ambivalence, their achievements portrayed as lesser. Women are stereotyped as weaker, bound to domesticity and lacking the hardiness required to be a “good mountaineer”.
These perceptions, coupled with a lack of representation, have reduced women’s opportunities to secure funding for expeditions, or to access female-specific clothing and equipment. Tabei and her team had to make their own expedition clothing because women’s sizes did not exist, a problem that remains today. When raising sponsorship for Everest, she was told: “Raise your children and keep your family tight, rather than do something like this.”
But while there is still a mountain to climb when it comes to attaining equality in adventure sports, there is a growing body of research and media celebrating women’s achievements – from campaigns such as Sport England’s This Girl Can to films charting the lives of some women mountaineers.
A hidden sisterhood
Junko Tabei and Pan Duo’s names may never be as well known as Edmund Hillary’s. But they are just two of many women whose achievements reach far beyond the peaks. I’ve written about many of them in my research.
Polish mountaineer Wanda Rutkiewicz was the third woman and first from Europe to summit Everest. When asked in 1979 by high-altitude record holder Maurice Herzog why she had climbed Everest, Rutkiewicz responded that she did it for “women’s liberation”. By the late 1980s, such activism was harnessed by large sponsors such as Tata Steel, who recruited Indian mountaineer Bachendri Pal, the fifth woman to summit Everest, to lead a women’s adventure programme.
Corporate sponsorship has, however, eluded many leading women mountaineers. Despite all her outstanding achievements – including holding a world-record ten Everest summits by a woman – Lhakpa Sherpa struggled for years to achieve recognition and the status of her male contemporaries. In 2019, writer Megan Mayhew Bergman asked why she didn’t have sponsors.
More recently, however, Lhakpa Sherpa’s mountaineering career was documented in the 2023 Netflix documentary Mountain Queen, which raised her profile and has led to new sponsorship opportunities.
Film by Netflix.
There is also work being done to change the exclusion of women from mountaineering. In Nepal and around the world, charitable organisations have been initiated by women mountaineers to help their fellow women climbers, including Empowering Women Nepal and 3Sisters Adventure Trekking.
My research has shown how women and mountaineers from other marginalised backgrounds can use their successes to become role models for and drivers of social change.
Tabei, for example, was appalled at the degradation mountaineering had caused to Mount Everest, and spoke out about the need for responsible mountaineering and conservation. She led cleanup expeditions and researched the environmental impact of tourism and climate change on both mountain ecosystems and local communities.
Tabei’s efforts helped bring global attention to the need for conservation in high-altitude environments, inspiring climbers to take a more responsible approach to their expeditions.
In research about Asian women’s contribution to climbing Everest, I examined how the struggle for women’s emancipation, empowerment and recognition is a phenomenon that is shared globally. A new generation of Asian women mountaineers such as Dawa Yangzum Sherpa, the first woman to achieve IFMGA status, and Shailee Basnet are defying gender norms and achieving status as internationally recognised mountaineers and mountaineering guides.
Basnet became one of ten women to scale Everest in 2008 as part of Sagarmatha Expedition, which was established to draw attention to climate change and gender equality, and to reclaim the Nepali name for the mountain: Sagarmatha. The expedition brought together ten women from six different religious, caste and ethnic backgrounds. All ten reached the summit, making it the most successful women’s expedition to date.
Following this, in 2014 Basnet led the formation of the first all-women Seven Summits project to climb the highest peak on every continent. Importantly, she harnessed the team’s newfound profile to undertake a large-scale social justice programme, visiting hundreds of schools, leading hikes and giving talks across the Kathmandu Valley. Their mission was to improve educational awareness concerning opportunities for women and girls, and also to protect the environment.
Since the mid-1950s, a hidden sisterhood has forged a route for women to access high-altitude mountaineering. Their impact has reached far beyond the expeditions they led.
Women have used their status as mountaineers to empower and support other women to achieve social, political and environmental justice, and raise awareness about poverty, sex trafficking, religious and ethnic marginalisation, environmental degradation and the impact of mass tourism.
Junko Tabei was a pioneer whose tenacity helped a whole generation of women in mountaineering. By not recognising their achievements, we deny an important part of our cultural heritage – and miss the opportunity to learn and share the inspirational work that women continue to undertake.
Tabei’s memoir is not simply a remarkable mountaineering account, it is, in the words of Julie Rak, a feminist text that challenges what society has always thought it means to be heroic, brave and adventurous.
Tabei died in 2016 at the age of 77. On the 50th anniversary of one of her many achievements, it’s fitting to end with these words from her memoir:
My approach was one of not worrying about the loss of a job or missing out on a promotion. I felt it was important to live a life we would never regret.
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Jenny Hall does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: Novosibirsk State University – Novosibirsk State University –
On May 7, a traditional celebration dedicated to the 80th anniversary of the end of the Great Patriotic War was held on the square in front of the main building of NSU. The event brought together not only NSU students and staff, but also residents of Akademgorodok.
Many were united by the concert of front-line songs by student creative groups of NSU, who performed famous compositions from the back of a military vehicle.
During the concert, several interactive platforms were operating in parallel: “Search Movement”, “Frontline Letters”, “Scientists to the Front”, “Military Hospital” and, of course, a field kitchen!
— Colleagues, friends, I congratulate you on this wonderful, sacred holiday for our country — the 80th anniversary of the Great Victory. This is, of course, a holiday that has gone down in history forever. Our people, our army crushed the greatest evil of the 20th century — fascism. On the other hand, this day for us is a day of sorrow, because we paid an immeasurably high price for this Great Victory. The Soviet Union lost 27 million of its fellow citizens. We should more often remember those people who gave their lives for the freedom and independence of our Motherland, the countries of Europe and the world. Our main task is to preserve in the memory of the people, in the memory of the younger generation this heroic feat of the Soviet people and the soldiers-liberators. I congratulate you on this wonderful holiday and wish you well, a peaceful sky above your heads! — the rector of NSU, academician of the Russian Academy of Sciences Mikhail Fedoruk addressed the participants and guests of the festive program.
A special part of the event was a retro fashion show in costumes from the pre-war and war years, a dance program and master classes. The concert “At the Soldier’s Campfire” in the park behind the NSU laboratory building added intimacy to the event.
— I decided to take part in the retro fashion show because I wanted to be a part of this great holiday, to serve as a link in the transfer of memory between generations, and I am very grateful to the organizers for this opportunity. This year’s holiday left unforgettable impressions, and for me this day was the best of the entire academic year — it brought me the brightest emotions and a feeling of complete happiness! I was very happy to perform in public, and the master class on 1940s dances made me truly happy! I was also very impressed by the songs with a guitar in the courtyard of the old building of NSU — it was nice to listen to a wonderful performance of beautiful, eternal songs — songs with great meaning and memories of those distant days for us, — Polina Ryabova, a second-year master’s student, shared her emotions and impressions. Faculty of Economics, NSU.
The creative groups that took part in the festive program were the NSU vocal studio “Million Voices”, the NSU Music Club, the historical dance studio “Medival”, the student association “Evening of Songs with a Guitar” and the NSU Academic Choir.
The event partner was the Academburo (ANO KIC “Integral 2.0”).
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.
Bukavu (Agenzia Fides) – “I entered the city yesterday morning (May 10, ed.) with a feeling of joy and hope in light of the election of Pope Leo XIV. I seemed to sense this feeling in the people I met, even though the reality remained the same,” reports a missionary from Bukavu (who wishes to remain anonymous for security reasons), the capital of South Kivu, in the eastern Democratic Republic of Congo, which was taken over by the M23 militia on February 16 (see Fides, 17/2/2025). Since then, the city has been in a state of limbo, suspended between the lack of services guaranteed by state institutions that are no longer present and insecurity reigns.”An eight-year-old boy in a school uniform sat on a pipe by the side of the road with a notebook on his lap. “How come you are on the street at this time and not at school?” I asked him. “They sent me away because I did not pay for the school year. My brother stayed, my parents paid for him yesterday, but they could not pay for me. I will wait for him until he finishes and then we will go home together.” His sadness infected me: “It is not your fault or your parents’ fault. Children have the right to learn for free. It is the country that is not working…” He nodded, and I continued on my way,” the report continues. “In this time of ongoing bank and cooperative closures, even humanitarian aid is becoming difficult, and how many will be helped? Poverty is spreading day by day: so many have lost their jobs because their deposits were plundered, because there is no money, in the case of civil servants, because they were replaced by someone hired by their new rulers, and sometimes because they refused to submit to their ideology…” the missionary says. “For three months now, there have been no police officers, no police stations, no central prison, no courts, no judges, and no lawyers in the city. The law is being hastily enforced by the military branch of the M23. A few days ago, a poor man walking through the narrow streets of his neighborhood at 7 a.m. on his way to work encountered some armed men who accused him of being a thief and immediately shot him”. Sometimes, bodies, tied together with stones, surface from Lake Kivu and have been dumped in the water. There are no investigations, and it is often unknown who killed during the night: an M23 fighter? A thief taking advantage of weapons abandoned by fleeing Congolese soldiers? A former convict among the more than 2,000 released shortly before the M23’s arrival on February 16? Revenge and settling of scores? To eliminate someone, it is enough to accuse them of being a thief, a soldier, or one of the Wazalendo…,” the missionary laments. “Or was it a group of people plagued by insecurity and hunger?” “Cases of ‘popular justice,’ executions carried out by popular outcry, are indeed numerous. In their desperation, they seize one or more suspected thieves and kill them immediately. This does not discourage the repetition of the facts. There is no investigation: Bukavu is abandoned to hunger and neglect, left only to the conscience of its inhabitants. Many private and public vehicles have been taken by the residents, used, or taken to neighboring Rwanda. Unjustified taxes are levied on every bundle that arrives from the countryside to the city on a motorcycle or bus; unjustified fines are imposed for non-existent violations. And there is no fruit to be seen in the city,” the missionary says of the current situation. “In these last weeks of the year, the children who suffer most are those who are expelled from school, as if the trauma they have been suffering for weeks from constant shelling were not enough. They, too, are often witnesses to violence: What is being sown in their hearts when they should be dreaming of beautiful things?” she asks herself. “People fill the churches, clinging with all their might to the God they believe in, who knows how to listen to the oppressed, but from a human perspective, they see no way out. Distant authorities who do not even offer a word of compassion, great powers pursuing their own interests… People go so far as to say: Let them take away all our minerals, but let us live…” reports the missionary. “Life in eastern Congo is like experiencing a prolonged agony. And the tenacity of the people to smile, the courage to show solidarity, to marry. “Giving birth and thanking God every day that he is still there is like a caress that seeks to revive hope,” the missionary concludes. “Today a mother from one of the vibrant congregations, called “Shrika,” who take turns bringing food to the General Hospital, testifies to this: “Yesterday it was our Shrika’s turn to do the apostolate at the hospital. There was enough food for the sick and their caregivers; the night nurses, the maintenance and security staff also benefited. The war wounded, the combatants… are cared for by the ICRC and Doctors Without Borders. Many do not know how to pay for treatment, so that even though they are cured, they cannot leave the hospital. The group has helped some of them pay the medical bills and some who have no means to pay for medication. … The number of patients is declining, and with it the income. How can you stock the pharmacy, pay the staff, and buy medical equipment in such a crisis? It is a vicious circle. More and more malnourished children are being cared for… It is the multiplication of loaves.” (Agenzia Fides, 12/5/2025)
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Lahore (Agenzia Fides) – “We know that the Lord hears the prayers of the children who are in his heart. And the ceasefire between India and Pakistan has a very special meaning for us because we consider it a truce,” says to Fides Fr. Qaisar Feroz, Capuchin friar and parish priest at the parish of Our Lady Queen of Angels, Bhai Pheru, on the outskirts of Lahore, in Pakistani Punjab. “On Saturday, May 10, a group of children and families gathered in front of the grotto and shrine of Our Lady Queen of Peace in our parish of Bhai Pheru,” he reports. “I, Brother Father Robinson OFM Cap, and the Franciscan Missionary Sisters of Mary celebrated a Rosary of Peace with the parish community. Children and young people were present, while the girls from the ‘Ibne Mariam’ boarding school recited songs of peace and devotional prayers. At the end of the prayer, we released some doves as a symbol of peace and the children’s fervent desire, holding signs reading ‘Yes to Peace, No to War.’ At the end of the rosary, we received the wonderful news of the announcement of a ceasefire between India and Pakistan. Now we hope that it will hold and that we can create a just and lasting peace between the peoples.”The people in the parish were very concerned, among other things, because, as Father Feroz explains, in the days before the military clashes in the disputed region of Kashmir, a bullet struck the industrial area on the territory of the parish of Our Lady, Queen of Angels in Bhai Pheru. “It was a bit like we felt the war coming home. There was great concern, and that is why we intensified our prayers for peace,” Father Feroz reported. Meanwhile, the entire Church in Pakistan welcomes the ceasefire. In an official statement, the President of the Pakistani Bishops’ Conference and Bishop of Hyderabad, Samson Shukardin (OFM), emphasized: “This significant step toward peace is a source of great relief and hope for millions of people throughout the region following the recent tensions and military clashes. The Pakistani bishops express their appreciation to Pakistani Prime Minister Shehbaz Sharif and Indian Prime Minister Narendra Modi for choosing the path of dialogue and moderation, and are deeply grateful to international mediators, especially the United States and other global partners, for their role in facilitating this peaceful breakthrough.” “The peoples of South Asia have long yearned for peace, stability, and cooperation,” said the Pakistani bishops. “We pray that this ceasefire marks not only the end of hostilities, but also the beginning of a new chapter of mutual understanding, reconciliation, and regional harmony,” assuring them that they pray “for lasting peace and for the common good of all.” Chairman of the National Commission for Justice and Peace (NCJP) and Archbishop of Islamabad-Rawalpindi, Joseph Arshad, added: “This ceasefire is also a reminder that diplomacy has the power to overcome conflict. It is vital that both nations continue dialogue to address long-standing issues and find lasting solutions that prioritize the well-being and security of their peoples. A peaceful future for the South Asian region begins with cooperation, dialogue, mutual respect, and a commitment to peace.” The Catholic Church on both sides of the border hopes that India and Pakistan can “build stronger, more reliable, and peaceful relations to ensure a better future for all” and that “the spirit of justice, peace, solidarity, and fraternity prevails in this region to build bridges of hope, love, and peace between nations.” (PA) (Agenzia Fides, 12/5/2025)
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by Sandro Lafranconi*Huahine (Agenzia Fides) – At 6:45 p.m. on Thursday, May 8, in Italy, here, on the other side of the world, in the heart of the immense Pacific, it was 6:45 a.m. Like every day, I turned on the Italian radio, to my surprise, a voice mentioned crowds rushing toward St. Peter’s Square. I doubted I had understood correctly. The night before, I had celebrated the opening Mass of the Conclave, and it seemed unthinkable to me that the lightning bolt of the election had struck so soon. But then, from the voice of the commentator, I learned that for almost an hour, thick, prolonged, unquestionably white smoke had been rising from the chimney of the Apostolic Palace. Without delay, I called the Raromatai Islands: “Turn on the radio or television, hurry!” I hadn’t finished my round of calls when, over the radio, the voice of the Dean of Cardinals announced a name and surname unknown to me, which from that moment on would be LEO XIV. I then ran to the bell tower of the Church of the Holy Family, here in Huahine, and rang a sustained burst of one hundred bells. Then I returned home to search my computer for a live broadcast that would allow me to see the still-unknown face of Leo XIV Provost. And I thought: even before the new Pope appeared in the central lodge, in the heart of the Pacific, we had already proclaimed the appointment of Peter’s Successor. Then when I welcomed the first blessing of the new Pope, while the radio transmitted his voice to me and while I made the sign of the cross, a wave of emotion ran through me and I realized that I was drying my eyes … At midday we found ourselves celebrating the exceptional event with some parishioners. (Agenzia Fides, 12/5/2025)*Priest of the Society of African Missions
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In Q1 2025, Beamr expanded sales pipelines amid growing traction from large-scale prospects, engaged in major industry events, and continued innovation in cloud and product offerings
Herzliya, Israel, May 12, 2025 (GLOBE NEWSWIRE) — Beamr Imaging Ltd. (NASDAQ: BMR), a leader in video optimization technology and solutions, today issued a Letter to Shareholders from Sharon Carmel, Chief Executive Officer.
Dear Shareholders:
I am pleased to share with you our Q1-2025 activities, progress, and other recent updates, including the expansion of our sales initiatives, supported by growing traction from large-scale prospective customers, participation in leading industry events where we engaged with hundreds of attendees, and continued advancement of our strategic partnerships.
Q1 2025 Highlights – Capitalizing on Market Validation:
Scaling Our Sales Pipelines
Beamr’s value proposition continues to gain traction across verticals where video is central to business activity and its usage is growing rapidly. Our technology addresses critical challenges associated with large-scale video workflows, including storage, networking, and operational efficiency. These challenges are particularly acute in markets such as media and entertainment, user-generated content, and machine learning sectors, including internet-of-things and autonomous vehicles.
During Q1 2025 and into early Q2 2025, Beamr expanded its sales team by adding two U.S.-based sales managers to strengthen outreach and responsiveness in our key geographic market. The company’s executives and sales directors conducted more than 130 face-to-face meetings with existing and prospective customers, as well as strategic partners. A significant portion of these meetings took place at three premier industry events: ACM Mile-High-Video 2025, NVIDIA GTC 2025, and the NAB Show 2025. During these engagements, Beamr showcased its high-quality, high-performance, GPU-accelerated video solutions, enabling efficient AI-powered video enhancements.
In the coming months, we aim to build on the expanding sales pipeline and growing industry recognition. We anticipate significant revenue growth in 2025, driven by the momentum established in customer and prospect engagements and continued implementation of our go-to-market strategy.
Amazon Web Services – ISV Accelerate
In Q1 2025, Beamr joined the AWS ISV Accelerate program, a global co-sell initiative for Amazon Web Services (AWS) partners, offering key benefits to drive visibility and co-selling opportunities. As an Independent Software Vendor (ISV) in the program, Beamr demonstrates strong alignment with AWS’s go-to-market strategies and initiatives. Beamr had progressed from listing on AWS Marketplace to becoming an ISV Accelerate Member in just three months.
AI Video Webinar
In January 2025, Beamr hosted a webinar titled: “The Future of AI Video – From Infrastructure to Experience”. The webinar featured Richard Kerris, VP of Media and Entertainment at NVIDIA, Jeffrey Schick, VP Strategic Client Engagement Media and Entertainment at Oracle and myself.
Participating in Premier Industry Events
ACM Mile-High-Video 2025
In February 2025, I delivered a keynote speech at the ACM Mile-High-Video 2025 conference, held in Denver, Colorado, titled “Is the future of video processing destined for GPU.” The conference is a flagship video formats and streaming event that is geared towards practicing engineers in areas related to media compression and streaming.
NVIDIA GTC 2025
In March 2025, I presented a session showcasing how AI algorithms reshape video quality and usability and improve the efficiency of video workflows, at NVIDIA GTC in San Jose, California. The session attracted more than 430 attendees.
Beamr CEO Sharon Carmel presenting at NVIDIA GTC
NAB Show 2025
In April, 2025, Beamr participated in the NAB Show 2025 in Las Vegas, Nevada where we presented our solution for scalable, high-quality video content upgrade to the advanced AV1 codec. Our offering, paired with a simple, competitive pricing plan, addresses key adoption barriers to AV1, and received the NAB Show Product of the Year award. As part of the event, I delivered a presentation at the AWS theater and participated in a panel at the Oracle streaming summit.
Beamr’s AV1 solution wins the NAB Show Product of the Year award
In February 2025, Beamr presented at the A.G.P.’s Virtual Technology Conference, and in March 2025 participated in the Loop Capital Markets 2025 Investor Conference. This month, we will participate in the Ladenburg Thalmann Technology Innovation Expo in New York and participate virtually in the Needham Technology, Media & Consumer 1×1 Conference.
In January 2025, I was interviewed for the Wall Street Resource Podcast (Listen to the full interview here), after an interview at Nasdaq as part of their Amplify Spotlight interview series in December 2024 (Watch the full interview here).
Developing the Beamr Cloud and Product Offering
In recent months, we enhanced our SaaS, Beamr Cloud, with new capabilities addressing evolving needs of customers and prospects, including:
Increasing subjective and objective video quality.
A competitive, flexible pricing model with tiered, minutes-based plans that support video business growth, offered alongside storage-based pricing tailored to companies with heavy video usage.
A “Playground” designed to provide new users with an engaging and intuitive experience for evaluating Beamr’s services.
Beamr GPU-accelerated, high-quality, and scalable video solutions extend beyond Beamr Cloud to include offerings on our partner cloud platforms, AWS and Oracle Cloud Infrastructure (OCI), private cloud and enterprise-tailored deployments with improved security and privacy, and on-premises deployments.
Strengthening the Beamr Team
To support our expanding research and development, sales and marketing initiatives, we hired six new team members across our offices in Herzliya, Serbia and the US, during Q1 2025 and early Q2 2025. New hires include engineers, a product growth lead, and directors of sales.
Financial highlights*
During the three month period ended March 31, 2025, we generated approximately $0.63M in revenue, compared with $0.41M in the three months ended March 31, 2024, representing a 55% year over year increase, which was primarily attributable to the earlier recognition of a significant legacy license renewal in Q1-2025 that was previously renewed in Q2-2024. Our balance sheet remains strong with $15.2M of cash and cash equivalents, as of March 31, 2025.
The first quarter of 2025 marked a strong start to the year, with multiple opportunities to present our vision and showcase our technology and solutions to hundreds of professionals and executives in the video industry across multiple verticals. We continue to see growing interest in our offerings, highlighting both rising demand and expanding market validation. Notably, we believe that increased engagement from larger industry players signals a promising outlook for the company’s business development in the months ahead. We remain focused on implementing our vision and believe that Beamr will continue to capitalize on the significant validation that we have been creating as we convert prospects in the sales funnel into significant revenue growth in the coming quarters.
Beamr (Nasdaq: BMR) is a world leader in content-adaptive video optimization, trusted by top media companies, including Netflix and Paramount. Beamr’s perceptual optimization technology (CABR) is backed by 53 patents and an Emmy® Award for Technology and Engineering winner. The innovative technology reduces video file size by up to 50% while guaranteeing quality.
Beamr Cloud is a high-performance, GPU-accelerated video optimization and modernization service designed for businesses and video professionals across diverse industries. It is conveniently available to Amazon Web Services (AWS) and Oracle Cloud Infrastructure (OCI) customers. Beamr Cloud enables high-performance, cost-effective video modernization to advanced formats, such as AV1, and efficient AI-powered enhancements.
This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. Forward-looking statements in this communication may include, among other things, statements about Beamr’s strategic and business plans, technology, relationships, objectives and expectations for its business, the impact of trends on and interest in its business, intellectual property or product and its future results, operations and financial performance and condition, including its expectations for significant revenue growth in 2025. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on the Company’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. For a more detailed description of the risks and uncertainties affecting the Company, reference is made to the Company’s reports filed from time to time with the Securities and Exchange Commission (“SEC”), including, but not limited to, the risks detailed in the Company’s annual report filed with the SEC on March 4, 2025 and in subsequent filings with the SEC. Forward-looking statements contained in this announcement are made as of the date hereof and the Company undertakes no duty to update such information except as required under applicable law.
* This unaudited preliminary financial information regarding our revenues for the three months and quarter ended March 31, 2025, is based upon our estimates and subject to completion of our quarter-end financial results. Moreover, this financial information has been prepared solely on the basis of currently available information by, and is the responsibility of, management. Our independent registered public accounting firm has not audited, reviewed or performed any procedures with respect to such preliminary estimates or the accounting treatment thereof and does not express an opinion or any other form of assurance with respect thereto. This preliminary financial information is not a comprehensive statement of our financial results for this period.
Eviden Awarded Contract for “Kaufhaus des Bundes – Next Generation” Project by the Procurement Office of the Federal Ministry of the Interior (BeschA)
Together with veenion, Eviden is redesigning the ‘KdB NG’ procurement platform for more than 480 federal authorities and federal-related institutions
Berlin, Deutschland, and Paris, France – May 12, 2025 –Eviden, the Atos Group business leading in digital, cloud, big data and security and IT partner veenion GmbH announce the successful signing of a contract for the modernization project “Kaufhaus des Bundes – Next Generation (KdB NG)”. The KdB NG will replace the existing system and create a convenient and modern procurement portal. This new platform will fully digitize the electronic procurement for over 480 federal authorities and federal-related institutions in Germany, significantly improving the existing system on multiple relevant levels. The platform will enable approximately 22,000 registered users to quickly and securely procure goods and services online – another milestone in the digitization of public administration.
Innovative Technology for Future-Proof Processes
The “Kaufhaus des Bundes” has evolved into a comprehensive procurement platform for public administration. By centrally bundling the procurement needs of federal authorities, it offers a wide range of goods and services, from office supplies and IT services to vehicles and much more.
The new solution, based on the standard software solution “open ordering” from our partner veenion, creates the basis for workflow-driven process optimization. This allows a modern and transparent procurement experience by implementing an end-to-end digital process chain between the awarding authority, the contractor, and the demand carrier.
The implementation takes place in three successive phases:
First Phase: establishment of the basic system with the most important core functionalities for test operation
Second Phase: Expansion of the overall system with the deployment of all functionalities up to piloting
Third Phase: Support of the pilot phase until the full solution goes live at the end of 2025
In addition to providing the software solution, Eviden and veenion will continuously keep developing and adapting the solution to the specific requirements of the federal administration as it evolves.
Long-Term Collaboration as a Success Factor
Eviden has been supporting the “Kaufhaus des Bundes” since 2001. This long-standing experience and Eviden’s in-depth know-how in the public sector and public procurement solutions form the basis for this new project. The collaboration between Eviden and the BeschA enabled the development of a tailored solution that is precisely aligned with the needs of public administrations. The new “Kaufhaus des Bundes” sets the standards for a modern, secure, and efficient procurement solution.
veenion GmbH has been specializing in procurement solutions for cities, public authorities, and research institutions for over 25 years. Together with Eviden, veenion successfully implements projects and creates networks through e-procurement solutions that efficiently bring together demand carriers, buyers, and suppliers – from the emergence of demand to payment.
Sustainable Added Value for Public Administration
The new procurement solution offers numerous advantages for public administrations:
Maximum Efficiency: The use of electronic catalogues and self-service options significantly accelerates digital procurement processes and reduces workload.
High Security: Individually configurable approval processes and seamless documentation ensure maximum transparency and security.
User-Friendliness: The intuitive user interface makes it easier for users to access all relevant functions and information.
Future-proofing: Continuous developments and the integration of state-of-the art technologies ensure that the system remains up-to-date, meeting current and future customer requirements and ensuring the platform’s long-term usability.
Sustainability: Sustainability labels in the products’ catalogue overview provide transparent guidance for economic, ecological, and social based offers.
“With the new procurement solution for the ‘Kaufhaus des Bundes’ we can significantly advance the digitization process in public administration,” says Boris Hecker, Managing Director of Eviden Deutschland GmbH, an Atos business. ” Our long-standing experience in implementing IT projects for the public sector is the foundation for a future-proof and sustainable procurement platform that meets the specific requirements of the authorities.”
“Our close collaboration with Eviden has enabled us to develop a tailored solution that can flexibly adapt to the individual needs of the public authorities,” explains Manuel Delvo, Managing Director of veenion GmbH. “We are excited to lead the ‘Kaufhaus des Bundes’ into the next generation with our technology and elevate procurement to a new level.”
“The ‘Kaufhaus des Bundes’ is the central procurement platform that has enabled efficient and secure procurement for federal authorities for years. With this new solution, we ensure that all requirements for a modern and user-friendly Kaufhaus des Bundes continues to be met in the future,” explains Frank Schmitz, Head of Department Z of the Procurement Office of the Federal Ministry of the Interior. “The new shop solution will consistently advance the digitization of the public sector’s ordering process and establish a future-proof foundation.“
***
About Eviden Eviden is a next-gen technology leader in data-driven, trusted and sustainable digital transformation with a strong portfolio of patented technologies. With worldwide leading positions in advanced computing, security, AI, cloud and digital platforms, it provides deep expertise for all industries in more than 47 countries. Bringing together 41,000 world-class talents, Eviden expands the possibilities of data and technology across the digital continuum, now and for generations to come. Eviden is an Atos Group company with an annual revenue of c. € 5 billion.
About Atos
Atos is a global leader in digital transformation with c. 74,000 employees and annual revenue of c. € 10 billion. European number one in cybersecurity, cloud and high-performance computing, the Group provides tailored end-to-end solutions for all industries in 68 countries. A pioneer in decarbonization services and products, Atos is committed to a secure and decarbonized digital for its clients. Atos is a SE (Societas Europaea) and listed on Euronext Paris.
The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space.
Bindi Irwin has reportedly been rushed to hospital in the United States to undergo emergency surgery for a ruptured appendix.
According to brother Robert Irwin, “she’s going to be OK”, however the 26-year-old was forced to miss an annual gala event honouring her late father Steve Irwin.
So what is the role of the appendix, and in what circumstances can it rupture? Here’s what you need to know about appendicitis.
What is the appendix?
The appendix is a finger-like pouch attached to the large intestine. It can be found on the right of our lower abdomen.
For a long time, there was a theory that the appendix was an evolutionary remnant which may have played a role in our ancestors’ digestion, but wasn’t overly useful for modern humans following contemporary diets.
However emerging research has shown the appendix could play a role in the body’s immune function and microbiome, particularly in the gut. The gut microbiome may be disrupted by infection or antibiotics and the appendix may help the gut flora replenish and recover.
That said, most people who need to have their appendix removed to treat appendicitis do completely fine without it.
What is appendicitis, and what are the symptoms?
Appendicitis is typically a bacterial infection. Most commonly, appendicitis starts with blockage of the appendix, caused for example by a hardened piece of stool or swelling. Once blocked, bacteria in the appendix are not cleared as normal, but build up. In turn this leads to inflammation and infection of the appendix, and in some instances the appendix can burst or rupture.
The more time that elapses before someone with appendicitis is treated, the greater the risk the appendix may rupture.
Rupture is more common in children, accounting for roughly one-quarter of all cases. This is especially so for younger children, who might not have the words to describe their symptoms and might not show the classic signs, both of which can delay diagnosis.
But even in adults, sometimes the symptoms can be hard to discern from other things.
Typically, early symptoms of appendicitis can be vague, and can easily be mistaken for something else, such as viral gastroenteritis. They might include a lack of appetite, vomiting, diarrhoea, low grade fever, together with general tummy pain around the belly button.
Over hours or days the pain increases in severity and becomes localised to the right lower part of the abdomen.
How common is appendicitis?
Across the country, more than 40,000 Australians are hospitalised with appendicitis each year. The condition is responsible for around 180 of every 100,000 hospitalisations.
It’s estimated that about one in 12–15 people will experience appendicitis in their lifetime.
Appendicitis is more common in children and young people. The “peak” age group for appendicitis is between about age 10 and 30, but it can certainly happen in other age groups too.
For the most part the diagnosis of appendicitis is made clinically – in other words, by talking to the patient and examining them. There may be a role for blood tests and scans to help make the diagnosis, but these tests may not be able to distinguish between appendicitis and other causes of abdominal pain.
For most people, appendicitis is treated with a surgery called an appendicectomy (where the appendix is removed) together with intravenous antibiotics.
Some people may be treated only with antibiotics. However research suggests removing the appendix, alongside antibiotics, is more effective.
Nowadays an appendicectomy is generally a keyhole (or laproscopic) surgery, meaning it’s minimally invasive, doesn’t leave a big scar, and sees patients back on their feet sooner.
Some patients will be able to be discharged from hospital the day after surgery, while others will stay a few days. Hospital-in-the-home is a positive alternative which can help patients get home sooner, even many children treated for a ruptured appendix.
An appendicectomy can be performed whether the appendix has burst or not. But the surgery is more complex, and the recovery longer, if the appendix has ruptured.
For a minority of people, appendicitis can have complications, for example infections and scars inside the abdomen or at the site of surgery. Untreated, appendicitis can be life-threatening and even in the setting of well-organised health systems such as ours in Australia, there are instances of death due to appendicitis. This is thankfully rare, with mortality rates as low as 0.02% of appendicetomies performed in Australia.
Fortunately, for most people, a bout of appendicitis and its treatment with surgery does not leave a long-lasting legacy and a return to full health and life is a few quieter weeks away. Hopefully this will be the case for Bindi Irwin, and we join the rest of Australia in wishing her a quick and complete recovery.
Warwick Teague does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.
Source: Government of the Russian Federation – An important disclaimer is at the bottom of this article.
Deputy Prime Minister of Russia Dmitry Chernyshenko and General Secretary of the Central Committee of the Communist Party of Vietnam To Lam greeted the participants of the Russian-Vietnamese business forum. Also in their presence, the start of work was given to the plant for the production and processing of dairy products of the company “TH True Milk” in the Kaluga region.
The event took place as part of To Lam’s official visit to Russia. Earlier, on May 10, negotiations between Russian President Vladimir Putin and the Secretary General took place in the Kremlin.
The forum featured speeches by representatives of VTB Bank, AFK Sistema, and the Cyberus Foundation for the Development of Effective Cybersecurity.
Dmitry Chernyshenko thanked the Vietnamese delegation for participating in the festive events dedicated to the 80th anniversary of the Great Victory. He quoted President Vladimir Putin as saying that relations between Russia and Vietnam continue to develop steadily in the spirit of equality, mutual respect and consideration of each other’s interests.
This year our countries celebrate a significant date – 75 years since the establishment of diplomatic relations. As was indicated at the recent meeting of To Lam with the Chairman of the Russian Government Mikhail Mishustin, today special attention is paid to increasing trade and economic cooperation and increasing mutual trade turnover between Russia and Vietnam.
“We see how much Vietnam has achieved in these areas
in recent years. By the end of 2024, the GDP growth rate exceeded 7%, and the country’s trade turnover approached the $800 billion mark. The Russian economy is also showing high growth rates: by the end of last year – more than 4.1%. Today, the demand of the state and business for increasing economic ties, including with our friendly Vietnam, is obvious. The key tasks of our bilateral cooperation are mutual investments and the implementation of specific projects. We need to create the most favorable climate for the fruitful work of Russian and Vietnamese companies in the markets of both countries,” said the Russian Deputy Prime Minister.
The Free Trade Agreement has been in force between Russia and Vietnam for almost 10 years. It provides duty-free access to almost all groups of goods. Especially in such important positions as dairy products, meat, wheat, fertilizers and cars. It is important to come to a joint decision on how to use this agreement even more effectively.
Dmitry Chernyshenko also noted the Comprehensive Cooperation Plan for the period up to 2030 signed in January: “It was this strategic document that allowed us to agree on joint measures and new mechanisms for cooperation on projects in the scientific sphere, energy and mechanical engineering, which will lead to an almost threefold increase in trade turnover between our countries – up to 15 billion dollars by 2030.”
Cooperation is developing on the digital track: “Vietnam is the leader in terms of growth rates of the digital economy and e-commerce. Russia offers the best solutions in the field of digital technologies, industrial software and telecommunications. The work of the joint Center for Artificial Intelligence and Digital Technologies in Hanoi has already been launched,” the Russian Deputy Prime Minister said.
In agriculture, Russia and Vietnam not only successfully carry out mutual deliveries of food products, but are already localizing production.
Dmitry Chernyshenko also highlighted cooperation in the tourism sector: “According to the Ministry of Economic Development, following the results of the first quarter of 2025, Russia came out on top in terms of growth rates of tourist flow to Vietnam – 110%. We are creating comfortable conditions for your tourists in Russia. An electronic visa for Vietnamese citizens has been launched, and we are increasingly adapting the service sector to their wishes. We will increase the length of stay, for example, with an electronic visa to 30 days. We are expanding the geography of flights of Russian airlines to Vietnamese cities. We sincerely thank the Vietnamese side for the fact that on May 8, with the participation of the Secretary General, the flight program of Vietnam Airlines from Hanoi to Moscow was resumed. I am confident that this will allow us to qualitatively improve the level of our relations in the tourism industry!” he said.
The Deputy Prime Minister invited Vietnamese partners to take part in the St. Petersburg International Economic Forum and the Eastern Economic Forum in Vladivostok in 2025.
To Lam stressed the importance of economic cooperation between Vietnam and Russia. According to him, the parties reached an agreement to expand investment volumes to $15 billion. To Lam called on business circles of both countries to actively conclude contracts and agreements within the framework of the business forum in order to maximize the benefits in all areas: investment, trade, and scientific and technical cooperation. He also expressed Vietnam’s interest in deepening partnership relations with Russia in such sectors as agriculture, energy, industry, mechanical engineering, and information technology. He specifically mentioned the great potential for cooperation in energy and agriculture.
In conclusion, the Secretary General thanked the Russian Government for providing conditions for Vietnamese investors and businessmen aimed at developing tourism in Russia.
In the presence of Dmitry Chernyshenko and To Lam, a ceremony of exchanging bilateral documents between Russian and Vietnamese companies took place. Among them are the Agreement on Cooperation between the National Research University Higher School of Economics and the Vietnam Academy of Science and Technology, as well as the Memorandum of Understanding, Strategic Cooperation for 2025-2026 for the purpose of jointly promoting Vietnam as a tourist destination and Vinpearl products between Anex Tour LLC and Vinpearl.
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.
MIAMI, May 12, 2025 (GLOBE NEWSWIRE) — Hut 8 Corp. (Nasdaq | TSX: HUT) (“Hut 8” or the “Company”), an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing, today announced that its majority-owned subsidiary, American Bitcoin, has entered into a definitive merger agreement to go public with Gryphon Digital Mining, Inc. (Nasdaq: GRYP) (“Gryphon”) pursuant to which Gryphon will acquire American Bitcoin in a stock-for-stock merger transaction.
Upon closing, the combined company will operate under the American Bitcoin brand, led by the American Bitcoin board of directors, including Mike Ho, Asher Genoot, Justin Mateen, and Michael Broukhim, and management team, including Mike Ho, Matt Prusak, and Eric Trump. The combined company is expected to trade on Nasdaq under the ticker symbol “ABTC.” The transaction is expected to close as early as Q3 2025.
“This transaction marks the next step in scaling American Bitcoin as a purpose-built vehicle for low-cost Bitcoin accumulation at scale,” said Asher Genoot, CEO of Hut 8. “By taking American Bitcoin public, we expect to unlock direct access to dedicated growth capital independent of Hut 8’s balance sheet, while preserving long-term exposure to Bitcoin upside for our shareholders.”
Existing stockholders of American Bitcoin are expected to own approximately 98% of the combined company. Immediately following the completion of the transaction, the Company will beneficially own a majority of the issued and outstanding capital stock of the combined company.
Following the transaction, Hut 8 will continue to serve as American Bitcoin’s exclusive infrastructure and operations partner through a series of long-term commercial agreements expected to generate stable, contracted revenue streams in Hut 8’s Power and Digital Infrastructure segments.
Additional Transaction Information
American Bitcoin has made available on its website a presentation with additional information concerning the transaction.
Supplemental Materials and Upcoming Communications
For important news and information regarding the Company, including investor presentations and timing of future investor conferences, visit the Investor Relations section of the Company’s website, https://hut8.com/investors, and its social media accounts, including on X and LinkedIn. The Company uses its website and social media accounts as primary channels for disclosing key information to its investors, some of which may contain material and previously non-public information.
About Hut 8
Hut 8 Corp. is an energy infrastructure platform integrating power, digital infrastructure, and compute at scale to fuel next-generation, energy-intensive use cases such as Bitcoin mining and high-performance computing. We take a power-first, innovation-driven approach to developing, commercializing, and operating the critical infrastructure that underpins the breakthrough technologies of today and tomorrow. Our platform spans 1,020 megawatts of energy capacity under management across 15 sites in the United States and Canada: five Bitcoin mining, hosting, and Managed Services sites in Alberta, New York, and Texas, five high performance computing data centers in British Columbia and Ontario, four power generation assets in Ontario, and one non-operational site in Alberta. For more information, visit www.hut8.com and follow us on X at @Hut8Corp.
About American Bitcoin
American Bitcoin is a Bitcoin accumulation platform focused on building American’s Bitcoin infrastructure backbone. A majority-owned subsidiary of Hut 8, the company combines Hut 8’s proven mining operations, cost-efficient infrastructure development capabilities, and disciplined approach to capital allocation with Eric Trump’s commercial acumen, capital markets expertise, and commitment to the advancement of decentralized financial systems. For more information, visit www.americanbtc.com and follow the company on X at @AmericanBTC.
Cautionary Note Regarding Forward–Looking Information
This press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Rule 175 promulgated thereunder, and Section 21E of the Securities Exchange Act of 1934, as amended, and Rule 3b-6 promulgated thereunder, which statements involve inherent risks and uncertainties. Examples of forward-looking statements, include, but are not limited to, statements relating to the structure, timing, and completion of the proposed transaction between American Bitcoin and Gryphon, the combined company’s listing on Nasdaq after the closing of the proposed transaction, the expected management and board of directors of the combined company, American Bitcoin’s capital markets access, Hut 8’s ability to preserve long-term exposure to Bitcoin upside for its shareholders, Hut 8’s ownership interest in the combined company, Hut 8’s exclusive provision of infrastructure and operations services to American Bitcoin, and the vision, goals, and trajectory of American Bitcoin and the combined company.
Forward-looking statements are not statements of historical fact, but instead represent management’s expectations, estimates, and projections regarding future events based on certain material factors and assumptions at the time the statement was made. While considered reasonable by Hut 8 as of the date of this press release, such statements are subject to known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, level of activity, performance, or achievements to be materially different from those expressed or implied by such forward-looking statements, including, but not limited to: the occurrence of any event, change, or other circumstances that could give rise to the right of one or both of the parties to terminate the merger agreement; the possibility that the proposed transaction does not close when expected or at all because the conditions to closing are not satisfied on a timely basis or at all, including the failure to timely obtain stockholder approval for the proposed transaction from Gryphon’s stockholders, if at all; risks related to Gryphon’s continued listing on Nasdaq until closing of the proposed transaction; the outcome of any legal proceedings that may be instituted against American Bitcoin, Gryphon, or the combined company; the possibility that the anticipated benefits of the proposed transaction to the parties or to Hut 8 are not realized when expected or at all; the possibility that the vision, goals, and trajectory of the combined company are not timely achieved or realized or achieved or realized at all; the possibility that the integration of the two companies may be more difficult, time-consuming or costly than expected; the possibility that the proposed transaction may be more expensive or take longer to complete than anticipated, including as a result of unexpected factors or events; the diversion of management’s attention from ongoing business operations and opportunities; changes in Gryphon’s stock price before closing; and other factors that may affect future results of American Bitcoin, Gryphon, or the combined company. Additional factors that could cause results to differ materially from those described above can be found in Gryphon’s most recent annual report on Form 10-K for the fiscal year ended December 31, 2024 and other documents subsequently filed by Gryphon with the Securities Exchange Commission (the “SEC”), and in the Company’s recent and upcoming annual and quarterly reports and other continuous disclosure documents, which are available under the Company’s EDGAR profile at www.sec.gov and SEDAR+ profile at www.sedarplus.ca.
Additional Information About the Proposed Transaction and Where to Find It
This press release relates to a proposed transaction between American Bitcoin and Gryphon. In connection with the proposed transaction, Gryphon intends to file with the SEC a Registration Statement on Form S-4 (the “Registration Statement) to register the Class A common stock to be issued by Gryphon in connection with the proposed transaction. The Registration Statement will include a proxy statement of Gryphon and a prospectus of Gryphon (the “Proxy Statement/Prospectus”), and each of American Bitcoin and Gryphon may file with the SEC other relevant documents concerning the proposed transaction. After the Registration Statement is declared effective, the definitive Proxy Statement/Prospectus will be sent to the stockholders of Gryphon to seek their approval of the proposed transaction. This press release is not a substitute for the Registration Statement, the Proxy Statement/Prospectus or any other relevant documents that American Bitcoin or Gryphon has filed or will file with the SEC. BEFORE MAKING ANY VOTING OR INVESTMENT DECISION, INVESTORS AND STOCKHOLDERS OF GRYPHON ARE URGED TO CAREFULLY AND ENTIRELY READ THE REGISTRATION STATEMENT AND PROXY STATEMENT/PROSPECTUS REGARDING THE PROPOSED TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, IF AND WHEN THEY BECOME AVAILABLE, BECAUSE THEY WILL CONTAIN IMPORTANT INFORMATION ABOUT AMERICAN BITCOIN, GRYPHON, THE PROPOSED TRANSACTION, AND RELATED MATTERS.
A copy of the Registration Statement, Proxy Statement/Prospectus, as well as other relevant documents filed by American Bitcoin and Gryphon with the SEC, may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov. You will also be able to obtain these documents free of charge, when they are available, by directing a request to Gryphon’s Investor Relations department at 646-755-7412 or emailing James@HaydenIR.com. The information on the Company’s, American Bitcoin’s, or Gryphon’s respective websites is not, and shall not be deemed to be, a part of this communication or incorporated into other filings either company makes with the SEC.
Participants in the Solicitation
American Bitcoin, Gryphon and certain of their respective directors, executive officers, and employees may be deemed to be participants in the solicitation of proxies in connection with the proposed transaction. Information about the directors and executive officers of Gryphon, their ownership of Gryphon common stock, and Gryphon’s transactions with related persons is set forth in its Annual Report on Form 10-K for the year ended December 31, 2024, as filed with the SEC on March 31, 2025, the definitive proxy statement for Gryphon’s 2024 annual meeting of stockholders, as filed with the SEC on August 7, 2024, the definitive proxy statement for Gryphon’s 2025 special meeting of stockholders, as filed with the SEC on April 21, 2025, and other documents that may be filed from time to time with the SEC. Additional information about the directors and executive officers of American Bitcoin and Gryphon and other persons who may be deemed to be participants in the solicitation of stockholders of Gryphon in connection with the proposed transaction and a description of their direct and indirect interests will be included in the Proxy Statement/Prospectus related to the proposed transaction or other relevant materials, which will be filed with the SEC. These documents may be obtained free of charge, when they become available, at the SEC’s website at www.sec.gov and from Gryphon using the sources indicated above.
No Offer or Solicitation
This communication is for informational purposes only and is not intended to and does not constitute an offer to sell or the solicitation of an offer to buy or sell any securities or the solicitation of any proxy, vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the Securities Act, or in a transaction exempt from the registration requirements of the Securities Act.
Hut 8 Corp. Investor Relations Sue Ennis ir@hut8.com
Hut 8 Corp. Public Relations Gautier Lemyze-Young media@hut8.com
Met detectives have charged both Higgins Homes PLC and four men in connection with the death of a woman in Bethnal Green in 2018.
Michaela Boor, 28, was struck by a pallet containing more than two tonnes of bricks that fell from a tower crane on a Higgins Homes building development in St Pauls Way in Bethnal Green at approximately 09:00hrs on Tuesday, 27 March 2018.
She died in hospital the following day.
The charges following an investigation by the Met and the Health and Safety Executive.
Higgins Homes PLC, a construction company that develops and builds properties across London and the south east, was charged by postal requisition on Wednesday, 7 May with corporate manslaughter and offences under Section 3 of the Health and Safety at Work Act 1974.
Four men have also been charged by postal requisition with gross negligence manslaughter and offences under section 7 the Health and Safety at Work Act 1974. They are:
Alexander McInnes, 32 (26.07.1992) of Islington, a crane operator on the day of Michaela’s death, was charged on Thursday, 8 May.
Dawood Maan, 59 (30.07.1965) of Ashford Kent, a crane supervisor, was charged on Wednesday, 30 April.
Stephen Coulson, 68 (31.10.1956) of Hemel Hempstead, responsible for compiling the lifting plan for the site was charged on Wednesday, 30 April.
Thomas Anstis, 68, (13.04.1957) of Banstead, the Site Manager and Temporary Works Coordinator, was charged on Thursday, 8 May.
All are due to appear at Westminster Magistrates’ Court on Monday, 16 June.
Specialist officers continue to support Michaela’s family.
TORONTO, May 12, 2025 (GLOBE NEWSWIRE) — Enwave Energy Corporation (Enwave) has announced today the commitment to build a new waste processing facility in Prince Edward Island, beginning this fall. The facility will be in operation by 2028 and will replace the existing end-of-life system. Enwave, in partnership with the Province of Prince Edward Island, has proudly undertaken this expansion to address the growing need to identify sustainable waste solutions in the province.
The existing district energy plant converts municipal solid waste and biomass — scrap wood from forest harvesting operations — to energy and provides that energy to its customers through the interconnected district energy network. After nearly thirty years of operation, the plant is approaching end-of-life and will be replaced with the new, expanded facility. Since 2017, the Province of Prince Edward Island and Enwave have collaborated on this project with a united goal to reduce waste and Greenhouse Gas (GHG) emissions at a time when sustainable waste solutions are needed more than ever.
This new, state-of-the-art facility is capable of processing 90% of the province’s total black cart residential waste, significantly reducing landfill waste. The expansion of this critical facility will significantly replace the use of fuel oil for heating while providing further reliability and redundancy to more than 145 connected buildings in Charlottetown, the province’s capital city, including the Queen Elizabeth Hospital, the University of Prince Edward Island, schools and residences. Enwave’s district energy system has a proven track record as a reliable and critical source of energy in the province, having maintained uninterrupted operations to critical customers during recent natural phenomena such as hurricanes Juan, Dorian and Fiona, as well as during the hurricane-strength blizzard, White Juan, in 2004.
Rendering of Enwave’s new waste processing facility in Prince Edward Island, anticipated to be in operation by 2028 to replace the existing end-of-life system.
Enwave brings more than thirty years of experience in advanced Waste-to-Energy systems to the project, a proven path to avoiding landfill waste and reducing GHG emissions. Through this expansion, the annual impact of avoiding landfill by using up to 49,000 tonnes of municipal solid waste for heating will amount to GHG savings of up to 908,000 tonnes of CO2e by 2052, equivalent to taking 278,000 cars off the road.
Leveraging Waste-to-Energy technology provides a real solution and tangible option for communities around the country to reduce the need for additional landfills and help to meet carbon emission reduction targets. With global waste forecasted to increase 70% by 2050, this project is a testament to scalable and sustainable pathways that directly address concerns of rising waste.
“We are very grateful for the support and confidence of the government of PEI and the people of this province, enabling us to make this long-term commitment as a critical energy partner,” says Carlyle Coutinho, CEO of Enwave Energy Corporation. “The eight-year journey to get to this point has seen many hurdles, however both Enwave and the province have remained committed to making this expansion a reality. This project is an example of how governments and private companies can work together to achieve long-term, sustainable solutions at scale through a shared purpose, creating a better world for today and generations to come.”
“Waste to Energy technology is a great example of a sustainable, innovative solution to meeting PEI’s energy needs,” says PEI Environment, Energy and Climate Action Minister Gilles Arsenault. “This expansion helps us continue to minimize energy costs for important provincial buildings and reduce greenhouse gas emissions. As an added benefit, using this waste for energy helps us extend the life of our existing landfill.”
Enwave’s expansion of the waste processing facility and operations will nearly double existing waste processing capacity while directly aligning with Charlottetown’s Vision for a Sustainable Energy Future by transitioning to renewable clean energy and incorporating sustainable innovation and technology.
“The CIB is proud to be a part of this project given the important role it will play in modernizing the city’s district energy system, ensuring affordable and clean energy supply to more than 145 connected buildings in the Charlottetown core,” says Ehren Cory, CEO, Canada Infrastructure Bank.
The new waste processing facility expansion is supported financially by the Canadian Infrastructure Bank through an aggregate facility of $600M supporting innovative energy projects across Enwave’s portfolio, including Lakeview Village in Mississauga, Ontario (Wastewater Heat Recovery technology), Etobicoke Civic Centre in Toronto (Geo-exchange technology), and this project in PEI (Waste-to-Energy technology).
Enwave has worked closely alongside key partners that are critical to the success of the PEI expansion project, including Maple Reindeers Constructors Ltd., Marco Group, Ramboll Group A/S, Coles Associates Ltd., Stantec, Martin GmbH, ANDRITZ TEP, LAB SA and Kone Cranes Canada Inc.
A ceremony announcing the official groundbreaking of the new waste processing facility will take place in the fall of 2025.
About Enwave
Enwave is one of the largest commercial owner and operators of community-based district energy systems in North America. They develop reliable, commercial and sustainable energy solutions at scale, tailored to the unique needs of municipalities, commercial developments, universities, hospitals, data centres and residential communities. Enwave provides thermal energy services to over 100 million square feet of mixed-use space across Canada using a variety of technologies including Deep Lake Water Cooling, thermal storage, geoexchange, biomass and energy-from-waste. Enwave was acquired by Ontario Teachers’ Pension Plan & IFM Investors in 2021. Since its founding over 20 years ago, Enwave has invested over $1 billion in Canadian infrastructure.
Headline: [Toyota Times] The Year’s Two Key Themes – President Sato on Toyota’s Transformation
At Toyota’s financial results briefing for the year to March 2025, President Koji Sato spoke about the company’s progress in strengthening its foundations, and its efforts to change the future of cars. We share his speech in full.
A young male cassowary has been rehabilitated and released into Wooroonooran National Park after being rescued from cane fields near Mourilyan in far north Queensland.
The successful release of the cassowary demonstrates the importance of public reporting of cassowary sightings, particularly if the birds are sick, injured or in places well away from of their normal habitat.
In March this year, the Department of the Environment, Tourism, Science and Innovation (DETSI) received multiple sighting reports a young cassowary wandering along roads among cane fields, several kilometres from the nearest forested area.
DETSI wildlife rangers found the bird to be in poor condition and an analysis of its fresh scat showed it had been eating solely non-native fruit.
Due to the location, condition and the risk of vehicle strike, the bird was captured and placed in DETSI’s Cassowary Rehabilitation Centre at Garners Beach.
Senior Wildlife Ranger Alex Diczbalis said the juvenile male cassowary had received daily care and feeding at the centre by volunteers from the Community for Coastal and Cassowary Conservation (C4), and its condition had improved rapidly.
“We’d like to thank the members of the public who took the time to report the cassowary to us and to the C4 volunteers for their dedication,” Mr Diczbalis said.
“After several weeks of care, which included feeding the bird native fruit collected from the roadside, the cassowary was assessed by local vet Dr Graham Lauridsen as being suitable
for release back into the wild.
“We chose a release location in Wooroonooran National Park that has dense rainforest, abundant native food, and access to fresh water which will give the cassowary a great opportunity to establish a home range.
“On 10 April 2025, the cassowary was released into the rainforest and calmly explored its new surroundings.
“Recent site visits have confirmed that the cassowary is foraging well and fulfilling its vital role in seed dispersal and rainforest regeneration. We hope the cassowary will thrive and in time father its own chicks.”
To report a cassowary sighting or incident, call 1300 130 372 in a timely manner.
Be Cass-o-wary!!
Southern cassowary behaviour is unpredictable. Cassowaries can inflict serious injuries to people and pets by lashing out with their large, clawed feet.
Don’t approach cassowaries, it’s best to appreciate them from a distance
Never approach chicks – male cassowaries will defend them.
Don’t feed cassowaries – it is illegal, dangerous and has caused cassowary deaths.
Discard food scraps in closed bins and ensure compost bins have secure lids.
Slow down and keep an eye out when driving on roads in cassowary habitat.
Don’t park your vehicle near cassowaries, they may think you’ve stopped to feed them.